UNIVERSITY -E-

Operated by FIELDS OIL & GAS COMPANY, LLC (P-5 267445) in the BLOCK 49 (2450) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2405District 7CField 09521500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$4.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$168 k
at the published price for each month
Months reported
401
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 13 leases and 77 wells, and the rule below applies to all of them.

Discovered
1955-11-15
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: OPTIONAL 20 ACRES, DIAGONAL OF 1500.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition77,035 bbl$4,172,055
Casinghead gasProduction154,083 Mcf$535,459
Total$4,707,513

23,817 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (6)

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 31.1251, -101.4001. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.12524, -101.40041 · 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 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
2,650 ft
4 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.
6100.0%

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

Between 2,641 and 2,695 ft, median 2,650 ft, over the 4 wells that filed a depth.

Completions filed
Oct 1997 – Nov 2007
4 of 6 wells; 2 filed none

6 wells

42-383010221
42-383010412
42-3833604662,641 ftNov 2007
42-3833604752,650 ftOct 2007
42-3833604542,650 ftOct 2007
42-3833421132,695 ftOct 1997

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 (401)

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

401 months

May 20261640106.413.05$17,451
Apr 2026164098.932.87$16,225
Mar 2026163089.753.15$14,629
Feb 2026164063.503.75$10,414
Jan 2026330059.138.00$19,513
Dec 2025165056.664.41$9,349
Nov 2025162058.593.93$9,492
Oct 2025321059.383.30$19,061
Sep 2025160062.743.08$10,038
Aug 2025324063.933.01$20,713
Jul 2025159066.743.32$10,612
Jun 2025159066.483.13$10,570
May 2025159060.553.23$9,627
Apr 2025162062.363.54$10,102
Mar 2025162067.704.27$10,967
Feb 2025162070.884.34$11,483
Jan 2025158074.324.28$11,743
Dec 2024324068.993.12$22,353
Nov 2024330069.052.20$22,787
Oct 2024156071.372.28$11,134
Sep 2024320069.612.36$22,275
Aug 2024162075.632.06$12,252
Jul 2024323079.932.15$25,817
Jun 2024324078.082.63$25,298
May 20240078.812.20$0
Apr 2024164084.451.66$13,850
Mar 2024161080.301.55$12,928
Feb 2024323076.091.78$24,577
Jan 2024163073.023.30$11,902
Dec 2023317071.262.61$22,589
Nov 2023158077.892.81$12,307
Oct 2023317085.443.09$27,084
Sep 20230089.042.74$0
Aug 2023157080.522.67$12,642
Jul 2023314074.852.64$23,503
Jun 2023154068.962.26$10,620
May 2023160070.622.23$11,299
Apr 2023318078.122.24$24,842
Mar 2023160072.852.39$11,656
Feb 2023161075.112.47$12,093
Jan 2023318076.533.39$24,337
Dec 2022160076.415.73$12,226
Nov 2022322085.005.65$27,370
Oct 2022158087.185.86$13,774
Sep 2022157084.888.16$13,326
Aug 2022321094.529.13$30,341
Jul 20223180101.587.54$32,302
Jun 20221630115.097.98$18,760
May 20223190109.378.43$34,889
Apr 20224750104.226.84$49,505
Mar 20223120108.885.08$33,971
Feb 2022159091.054.86$14,477
Jan 2022165081.844.54$13,504
Dec 2021163071.323.90$11,625
Nov 2021163077.435.24$12,621
Oct 2021158079.795.71$12,607
Sep 2021163069.865.35$11,387
Aug 20210066.024.22$0
Jul 2021163070.783.98$11,537
Jun 2021332069.493.38$23,071
May 20210063.483.02$0
Apr 2021165060.362.76$9,959
Mar 20210061.302.72$0
Feb 2021164057.805.55$9,479
Jan 20210050.412.81$0
Dec 2020157044.642.68$7,008
Nov 2020167038.772.71$6,475
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020162039.982.39$6,477
Jul 20200038.371.83$0
Jun 2020162034.901.69$5,654
May 20200016.921.81$0
Apr 2020157014.751.80$2,316
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019328059.012.30$19,355
Nov 20190055.302.75$0
Oct 2019162053.472.42$8,662
Sep 20190055.052.66$0
Aug 2019155053.112.30$8,232
Jul 20190056.272.46$0
Jun 20191544,52052.782.49$19,388
May 201901,06758.482.74$2,924
Apr 2019067862.632.75$1,865
Mar 2019059356.803.06$1,816
Feb 2019052250.852.79$1,458
Jan 201915960546.033.23$9,272
Dec 201816434446.594.19$9,081
Nov 201832528652.934.24$18,414
Oct 2018023361.443.40$792
Sep 2018015959.543.11$494
Aug 201816110159.403.07$9,873
Jul 201816225465.142.93$11,297
Jun 2018012260.183.08$375
May 2018010665.382.90$307
Apr 201816520863.842.90$11,137
Mar 201816525261.222.79$10,804
Feb 201816216961.782.77$10,476
Jan 2018040962.874.01$1,640
Dec 201716428057.272.92$10,210
Nov 201716539055.423.12$10,360
Oct 201732650049.292.98$17,560
Sep 201716428247.523.09$8,664
Aug 201716225845.373.00$8,125
Jul 201715732543.873.09$7,891
Jun 201716214742.493.09$7,337
May 201716318445.373.26$7,996
Apr 201716331747.933.21$8,831
Mar 201716434746.772.98$8,706
Feb 201716227150.452.95$8,973
Jan 201716439549.413.42$9,454
Dec 201616427048.763.72$9,002
Nov 201616441942.492.64$8,076
Oct 201632135046.193.09$15,909
Sep 201616227741.553.10$7,590
Aug 2016027741.442.92$810
Jul 201616130741.622.92$7,599
Jun 201616125945.352.69$7,997
May 201616328042.521.99$7,488
Apr 201632541536.561.99$12,708
Mar 2016073633.011.79$1,320
Feb 201649670626.472.06$14,586
Jan 201616251527.352.36$5,648
Dec 201516340232.362.00$6,079
Nov 201532750538.792.17$13,779
Oct 201533252343.552.43$15,728
Sep 201516429242.992.76$7,856
Aug 201516629940.162.87$7,525
Jul 201516431648.152.95$8,827
Jun 201532928556.152.88$19,295
May 201516348855.212.96$10,441
Apr 201516125949.822.71$8,722
Mar 2015023142.892.93$678
Feb 201532928444.662.98$15,538
Jan 201517034143.433.10$8,440
Dec 201416348254.693.59$10,646
Nov 201433151470.464.25$25,508
Oct 201432750278.303.90$27,562
Sep 201416128386.164.05$15,017
Aug 201432444289.394.04$30,746
Jul 201415564896.564.18$17,675
Jun 201449065098.164.74$51,177
May 201432669294.734.73$34,153
Apr 201432754795.944.81$34,003
Mar 2014065495.895.06$3,307
Feb 201449356597.406.19$51,517
Jan 201433229690.404.86$31,452
Dec 2013027691.824.35$1,202
Nov 2013018888.853.74$703
Oct 2013037697.423.78$1,421
Sep 2013329625104.113.72$36,576
Aug 2013164138104.253.52$17,583
Jul 2013163119102.523.72$17,153
Jun 201333044694.403.93$32,906
May 201332148194.834.15$32,436
Apr 201316345993.964.28$17,281
Mar 201316472293.623.91$18,179
Feb 201349469291.233.42$47,434
Jan 201317279491.603.42$18,471
Dec 201234665486.773.42$32,259
Nov 201249975686.953.62$46,129
Oct 201216453789.383.40$16,484
Sep 201232570894.672.92$32,834
Aug 201232776492.662.91$32,522
Jul 201248958785.133.02$43,402
Jun 201233164579.822.52$28,045
May 201216064891.612.49$16,270
Apr 2012486811101.652.00$51,021
Mar 2012487782105.052.22$52,897
Feb 2012172711101.102.57$19,217
Jan 201265979798.092.73$66,820
Dec 201132985696.873.24$34,643
Nov 20116711,12895.723.31$67,963
Oct 20116601,10884.983.65$60,129
Sep 201132674683.623.99$30,234
Aug 201116357283.404.15$15,968
Jul 201132644794.144.52$32,709
Jun 201116449392.904.64$17,523
May 201116317398.134.40$16,757
Apr 2011165179105.964.33$18,259
Mar 2011018896.364.06$763
Feb 201116313785.644.18$14,532
Jan 201116628986.504.59$15,685
Dec 2010022285.734.35$965
Nov 201016428080.843.80$14,320
Oct 201016631978.103.51$14,084
Sep 201016235072.633.98$13,159
Aug 201016340473.684.42$13,795
Jul 201016439772.554.74$13,779
Jun 201032636870.364.91$24,744
May 2010041771.124.24$1,766
Apr 201016536981.694.12$15,000
Mar 201016439478.394.39$14,585
Feb 201016435473.585.44$13,994
Jan 201033431274.365.96$26,697
Dec 2009021571.445.48$1,179
Nov 2009038874.593.75$1,456
Oct 200916539672.544.11$13,597
Sep 200916340365.543.06$11,918
Aug 2009039067.423.22$1,255
Jul 200932740861.133.46$21,403
Jun 200916339866.163.90$12,334
May 200916442354.743.93$10,638
Apr 200916439546.773.59$9,087
Mar 200916440342.144.06$8,547
Feb 2009036032.814.63$1,668
Jan 200932941235.865.37$14,011
Dec 2008046837.105.98$2,797
Nov 200816443755.496.86$12,098
Oct 200832841275.246.92$27,531
Sep 20080282101.767.88$2,221
Aug 2008163433114.228.48$22,291
Jul 2008325435131.0811.39$47,555
Jun 20081448131.3313.03$5,970
May 2008326475123.1711.57$45,651
Apr 2008161361110.3110.45$21,534
Mar 20080301101.909.66$2,909
Feb 200816319092.538.77$16,749
Jan 200816619890.388.21$16,628
Dec 200716427088.337.30$16,458
Nov 200716324991.677.29$16,758
Oct 200716438582.856.92$16,252
Sep 200716436875.846.24$14,736
Aug 200716434969.066.39$13,555
Jul 200716511870.906.39$12,452
Jun 200716324062.007.55$11,918
May 200732126758.747.85$20,951
Apr 200716524259.617.81$11,725
Mar 200716327356.927.30$11,271
Feb 200716721355.108.22$10,952
Jan 200716419350.306.73$9,547
Dec 200616722256.656.92$10,996
Nov 200615927054.207.62$10,675
Oct 200616632454.906.01$11,062
Sep 200633126660.085.04$21,226
Aug 200616235568.717.34$13,737
Jul 200616931769.376.34$13,734
Jun 200616236366.286.38$13,055
May 200616532266.016.42$12,961
Apr 200616329864.397.36$12,689
Mar 200616622156.707.08$10,978
Feb 200616517557.597.75$10,859
Jan 200633215860.598.93$21,527
Dec 2005032354.9413.42$4,333
Nov 200533333254.6910.59$21,727
Oct 200516737758.3413.80$14,944
Sep 2005133161.4512.08$4,060
Aug 200532439161.519.80$23,760
Jul 200516440155.697.84$12,278
Jun 2005041452.337.38$3,056
May 200533128045.226.65$16,830
Apr 200516042449.207.36$10,993
Mar 200516542350.377.15$11,338
Feb 200516536145.226.31$9,740
Jan 200516642043.166.32$9,820
Dec 200416432139.866.75$8,704
Nov 200416639245.286.33$9,998
Oct 200416445049.706.52$11,083
Sep 200416746243.245.28$9,662
Aug 200416445442.375.55$9,469
Jul 200416448738.286.08$9,241
Jun 200432845336.106.43$14,755
May 200416552537.486.49$9,594
Apr 200416752034.475.86$8,803
Mar 200416239134.365.53$7,729
Feb 200416542232.455.51$7,679
Jan 200416632632.036.30$7,371
Dec 200333024130.266.30$11,505
Nov 200316518728.804.60$5,611
Oct 200316750128.174.76$7,089
Sep 200316443326.314.75$6,371
Aug 200316346829.765.13$7,252
Jul 200332826729.415.17$11,027
Jun 200316238028.565.98$6,900
May 200315749826.595.97$7,149
Apr 200316650626.675.41$7,163
Mar 200316552131.146.10$8,314
Feb 200332846733.487.93$14,683
Jan 200316556530.315.58$8,155
Dec 200232954526.914.85$11,499
Nov 200216045524.664.14$5,828
Oct 2002034526.464.23$1,459
Sep 200232755827.443.64$11,001
Aug 200216448025.963.16$5,776
Jul 200216559624.583.06$5,881
Jun 200216456423.733.34$5,774
May 200232757224.663.58$10,114
Apr 200232658823.653.51$9,775
Mar 200216658622.003.10$5,470
Feb 200216449718.222.38$4,169
Jan 200233059517.172.38$7,080
Dec 200116457516.932.36$4,136
Nov 200116458018.072.41$4,359
Oct 200132665319.782.53$8,100
Sep 200116571624.262.25$5,615
Aug 200116367124.873.05$6,102
Jul 200132372423.933.20$10,044
Jun 200116362924.563.82$6,409
May 200132769625.524.31$11,343
Apr 200116266724.685.34$7,557
Mar 200132970724.545.38$11,875
Feb 200116568427.755.77$8,523
Jan 200133170227.478.40$14,989
Dec 200033167426.889.12$15,046
Nov 200033069532.215.66$14,562
Oct 200016673331.235.15$8,956
Sep 200032876131.875.19$14,400
Aug 200016584729.644.54$8,737
Jul 200032677828.534.09$12,483
Jun 200032781929.304.40$13,182
May 200032378927.263.68$11,708
Apr 200032884224.513.12$10,663
Mar 200032986628.422.86$11,827
Feb 200016588427.622.73$6,968
Jan 20004911,04725.272.48$15,005
Dec 199929799024.282.42$9,611
Nov 199932891823.192.43$9,841
Oct 19994861,30320.982.80$13,850
Sep 19994901,42821.752.62$14,397
Aug 19996331,52319.262.88$16,571
Jul 19998221,17317.892.37$17,488
Jun 199916247815.942.36$3,711
May 199932638415.792.32$6,039
Apr 199916419615.102.21$2,909
Mar 1999010412.471.84$191
Feb 199901839.981.82$333
Jan 1999030910.381.90$587
Dec 199801969.201.77$348
Nov 199815918510.892.19$2,136
Oct 1998025812.421.97$508
Sep 199816037712.592.08$2,800
Aug 1998024211.301.91$462
Jul 1998024011.742.24$537
Jun 1998018511.242.24$414
May 199831994012.622.21$6,100
Apr 199832855713.042.51$5,673
Mar 199849489012.802.31$8,379
Feb 199849687213.952.30$8,924
Jan 199849293714.702.15$9,251
Dec 199749182216.322.41$9,995
Nov 199766189618.193.09$14,791
Oct 199749075519.253.15$11,811
Sep 199716457817.742.95$4,617
Aug 199716466517.862.55$4,628
Jul 199716264517.582.25$4,297
Jun 199716553317.242.26$4,048
May 199716459318.972.31$4,480
Apr 199716350017.882.08$3,956
Mar 199716445118.951.94$3,982
Feb 199716434220.492.21$4,115
Jan 199716544223.483.54$5,439
Dec 199616644923.32$3,871
Nov 1996041421.97$0
Oct 199633148423.31$7,716
Sep 1996044022.22$0
Aug 199632748720.26$6,625
Jul 1996058019.55$0
Jun 199632446718.73$6,069
May 1996049119.43$0
Apr 199616342821.51$3,506
Mar 199616451119.38$3,178
Feb 199616440716.98$2,785
Jan 199616545017.07$2,817
Dec 199516545017.19$2,836
Nov 1995052716.00$0
Oct 199516542615.43$2,546
Sep 199516549816.18$2,670
Aug 1995053215.92$0
Jul 199516359315.24$2,484
Jun 199516457516.41$2,691
May 1995060317.56$0
Apr 199516263817.73$2,872
Mar 199516637216.44$2,729
Feb 1995037016.58$0
Jan 199516742315.92$2,659
Dec 199416744115.03$2,510
Nov 199416440815.90$2,608
Oct 1994047815.58$0
Sep 199416445615.29$2,508
Aug 1994048216.13$0
Jul 199416343817.56$2,862
Jun 199416449017.09$2,803
May 1994045615.88$0
Apr 199416442714.14$2,319
Mar 199415343512.46$1,906
Feb 1994034512.50$0
Jan 199416047712.66$2,026
Dec 1993048012.33$0
Nov 199316644014.49$2,405
Oct 199316560515.85$2,615
Sep 199316069315.03$2,405
Aug 1993055515.66$0
Jul 199316452215.46$2,535
Jun 1993350816.79$50
May 199316461317.68$2,900
Apr 199333166018.05$5,975
Mar 199316666118.14$3,011
Feb 1993057817.90$0
Jan 199316855416.93$2,844

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                  164 bbl  × $106.41 =    $17,451
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $17,451

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/2405 is the state's own key, not one this site invented.