PRINCE LB A2

Operated by DE CENTRAL OPERATING, LLC (P-5 102879) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21700District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$32.4 M
May 2022 – May 2026
Value, last 12 filed months
$3.4 M
at the published price for each month
Months reported
49
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition329,918 bbl$27,691,272
Casinghead gasProduction1,170,507 Mcf$4,660,112
Total$32,351,383

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.3809, -101.5770. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.38090, -101.57704 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,329 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,329 ft.

Completions filed
May 2022
1 of 1 wells

1 well

42-383410554H8,329 ftMay 2022

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (49)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

49 months

May 20262,10926,345106.413.05$304,661
Apr 20262,16624,16998.932.87$283,641
Mar 20262,19425,19389.753.15$276,255
Feb 20262,38122,72763.503.75$236,427
Jan 20262,38925,84459.138.00$347,960
Dec 20252,24027,22256.664.41$247,059
Nov 20252,18435,52758.593.93$267,455
Oct 20252,24437,88859.383.30$258,463
Sep 20252,05430,46562.743.08$222,606
Aug 20253,01233,47863.933.01$293,485
Jul 20252,90332,90966.743.32$302,846
Jun 20253,20336,58266.483.13$327,390
May 20253,63936,94160.553.23$339,747
Apr 20253,34432,47862.363.54$323,605
Mar 20253,79237,03967.704.27$414,813
Feb 20253,82934,33970.884.34$420,460
Jan 20254,34640,63774.324.28$496,867
Dec 20244,62239,59168.993.12$442,450
Nov 20244,83041,95569.052.20$425,747
Oct 20245,49940,93971.372.28$485,862
Sep 20245,63533,48169.612.36$471,413
Aug 20246,32933,10275.632.06$546,973
Jul 20246,86931,19579.932.15$616,002
Jun 20247,86928,69778.082.63$689,999
May 20248,11716,62578.812.20$676,250
Apr 20245,8281,55184.451.66$494,748
Mar 20246,04913780.301.55$485,946
Feb 20243,6992676.091.78$281,503
Jan 20246881573.023.30$50,287
Dec 20233,31140971.262.61$237,010
Nov 20233,0662477.892.81$238,878
Oct 20231,4955685.443.09$127,906
Sep 2023316089.042.74$28,137
Aug 20230080.522.67$0
Jul 20234,5293,74374.852.64$348,884
Jun 20239,7423,80568.962.26$680,402
May 202375515670.622.23$53,666
Apr 20235,73017,04978.122.24$485,779
Mar 202310,58743,69772.852.39$875,837
Feb 202311,15736,50275.112.47$928,005
Jan 202311,26229,31676.533.39$961,195
Dec 202213,17736,85176.415.73$1,217,977
Nov 202214,56230,33785.005.65$1,409,059
Oct 202217,20634,02187.185.86$1,699,510
Sep 202220,24434,02184.888.16$1,996,047
Aug 202225,65630,61394.529.13$2,704,415
Jul 202229,26629,177101.587.54$3,192,896
Jun 202229,38828,334115.097.98$3,608,291
May 20224,4065,299109.378.43$526,571

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                2,109 bbl  × $106.41 =   $224,419
Casinghead gas    26,345 Mcf  × $  3.05 =    $80,243

────────────────────────────────────────────────────
Month total                                 $304,661

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 7C/O/21700 is the state's own key, not one this site invented.