LILA 42

Operated by SUMMIT PETROLEUM LLC (P-5 829221) 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 21744District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$26.5 M
Feb 2022 – May 2026
Value, last 12 filed months
$3.1 M
at the published price for each month
Months reported
52
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
OilDisposition311,983 bbl$24,120,404
Casinghead gasProduction702,062 Mcf$2,354,445
Total$26,474,849

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 31.4267, -102.0096. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42666, -102.00957 · 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
9,606 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 9,606 ft.

Completions filed
Sep 2022
1 of 1 wells

1 well

42-4614186284WC9,606 ftSep 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 (52)

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

52 months

May 20262,3316,622106.413.05$268,211
Apr 20262,4527,06598.932.87$262,851
Mar 20261,7254,57789.753.15$169,234
Feb 20262,2597,68063.503.75$172,249
Jan 20261,9764,96859.138.00$156,575
Dec 20252,6827,23556.664.41$183,893
Nov 20253,5019,81458.593.93$243,658
Oct 20253,81010,19459.383.30$259,927
Sep 20254,61511,79962.743.08$325,850
Aug 20255,93712,00163.933.01$415,733
Jul 20254,6119,03666.743.32$337,694
Jun 20254,4459,53166.483.13$325,323
May 20252,0303,76460.553.23$135,083
Apr 20252,9826,30262.363.54$208,286
Mar 20252,51711,28367.704.27$218,560
Feb 20251911,05270.884.34$49,322
Jan 2025205,49774.324.28$25,006
Dec 20242090368.993.12$4,198
Nov 20249236169.052.20$7,146
Oct 202449753771.372.28$36,696
Sep 20242,6155,13969.612.36$194,181
Aug 20242,0372,18975.632.06$158,576
Jul 20243,91514,32879.932.15$343,682
Jun 20244,58418,82478.082.63$407,501
May 20244,79019,27178.812.20$419,866
Apr 20245,10913,41884.451.66$453,718
Mar 20245,96022,16080.301.55$512,828
Feb 20245,38519,43176.091.78$444,403
Jan 20245,69820,16973.023.30$482,578
Dec 20235,05516,37871.262.61$402,978
Nov 20235,39615,28277.892.81$463,200
Oct 20236,46220,85785.443.09$616,505
Sep 20237,53824,84389.042.74$739,130
Aug 20235,68116,37580.522.67$501,203
Jul 20239,06826,14474.852.64$747,807
Jun 20239,59628,62568.962.26$726,389
May 202310,82130,80470.622.23$832,792
Apr 202312,46630,80578.122.24$1,042,778
Mar 202314,75632,01872.852.39$1,151,599
Feb 202315,73931,24575.112.47$1,259,196
Jan 202321,34437,40376.533.39$1,760,167
Dec 202225,04833,40676.415.73$2,105,303
Nov 202229,62132,32185.005.65$2,700,276
Oct 202222,01026,16687.185.86$2,072,263
Sep 202222,76824,24084.888.16$2,130,435
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0

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                2,331 bbl  × $106.41 =   $248,042
Casinghead gas     6,622 Mcf  × $  3.05 =    $20,170

────────────────────────────────────────────────────
Month total                                 $268,211

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/21744 is the state's own key, not one this site invented.