PADGITT, JAMES T.

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the CLARA COUCH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 332District 7CField 18500001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 20 leases and 101 wells, and the rule below applies to all of them.

Discovered
1941-08-17
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
165 ft
minimum

A drilling unit in this field needs at least 10 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: MAX. UNIT DISTANCE FROM WELL-600 FT.

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
OilDisposition67,142 bbl$2,354,298
Casinghead gasProduction21 Mcf$0
Total$2,354,298

21 Mcf of this lease's gas, across 21 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 (11)

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 30.7347, -101.7063. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

30.73498, -101.70636 · 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
81.8%
9 of 11 wells
With a plug date
63.6%
7 of 11 wells
Median depth
1,962 ft
11 wells filed one
Completion to plug
21.6 years
median over 7 wells

What the state filed about each well

On the RRC proration schedule
981.8%
A plug date is filed
763.6%
BothOn the schedule and plugged. Neither fact cancels the other.
763.6%
NeitherNo plug date, and not on the schedule.
218.2%

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

Total depth in feet, 11 of 11 wells. Median 1,962 ft, with the middle half between 1,919 and 2,178 ft; the shallowest is 1,844 ft and the deepest 2,250 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 11 of 11 wells, Jun 1977 – Jul 2013. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 1977 – Jul 2013
11 of 11 wells
Plug dates filed
Oct 1991 – Jan 2002
7 of 11 wells; 4 filed none

Last completion to plug: a median of 21.6 years across the 7 wells that filed both dates, with the middle half between 19.3 years and 22.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

11 wells

42-105417371417R1,951 ftJul 2013
42-1053605813A2,082 ftJan 1992Yes
42-10534821111,850 ftMay 1984Jan 2002Yes
42-1053447592,250 ftJun 1983Oct 1991Yes
42-1053325371,940 ftMar 1981Jan 2002Yes
42-1050170912,184 ftAug 1980Yes
42-1053289161,844 ftJun 1980Jan 2002Yes
42-1050090251,897 ftMay 1980Jan 2002Yes
42-1053224642,180 ftJun 1979Jan 2002Yes
42-1053178032,175 ftMar 1978
42-1053111621,962 ftJun 1977Jan 2002Yes

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20232077.892.81$156
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
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
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019332052.782.49$17,523
May 20190058.482.74$0
Apr 2019164062.632.75$10,271
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 2018164046.594.19$7,641
Nov 2018172052.934.24$9,104
Oct 20180061.443.40$0
Sep 2018166059.543.11$9,884
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018165060.183.08$9,930
May 2018178065.382.90$11,638
Apr 2018169063.842.90$10,789
Mar 2018165061.222.79$10,101
Feb 2018329061.782.77$20,326
Jan 20180062.874.01$0
Dec 2017172057.272.92$9,850
Nov 2017170055.423.12$9,421
Oct 2017160049.292.98$7,886
Sep 20170047.523.09$0
Aug 2017332045.373.00$15,063
Jul 20172043.873.09$88
Jun 2017170042.493.09$7,223
May 20170045.373.26$0
Apr 2017166047.933.21$7,956
Mar 20170046.772.98$0
Feb 2017169050.452.95$8,526
Jan 20170049.413.42$0
Dec 20161048.763.72$49
Nov 20160042.492.64$0
Oct 2016156046.193.09$7,206
Sep 2016309041.553.10$12,839
Aug 20160041.442.92$0
Jul 2016173041.622.92$7,200
Jun 2016156045.352.69$7,075
May 2016168042.521.99$7,143
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016163026.472.06$4,315
Jan 20160027.352.36$0
Dec 2015168032.362.00$5,436
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015152042.992.76$6,534
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015162056.152.88$9,096
May 20150055.212.96$0
Apr 2015163049.822.71$8,121
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014150054.693.59$8,204
Nov 2014160070.464.25$11,274
Oct 2014163078.303.90$12,763
Sep 2014156086.164.05$13,441
Aug 2014310089.394.04$27,711
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014175094.734.73$16,578
Apr 2014174095.944.81$16,694
Mar 20140095.895.06$0
Feb 2014142097.406.19$13,831
Jan 2014159090.404.86$14,374
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013152094.834.15$14,414
Apr 2013172093.964.28$16,161
Mar 20130093.623.91$0
Feb 20133091.233.42$274
Jan 2013175091.603.42$16,030
Dec 2012169086.773.42$14,664
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012188094.672.92$17,798
Aug 20120092.662.91$0
Jul 2012163085.133.02$13,876
Jun 2012181079.822.52$14,447
May 20120091.612.49$0
Apr 20121710101.652.00$17,382
Mar 201200105.052.22$0
Feb 20121570101.102.57$15,873
Jan 2012178098.092.73$17,460
Dec 2011170096.873.24$16,468
Nov 2011170095.723.31$16,272
Oct 20110084.983.65$0
Sep 2011355083.623.99$29,685
Aug 2011171083.404.15$14,261
Jul 20110094.144.52$0
Jun 2011167092.904.64$15,514
May 20110098.134.40$0
Apr 20113410105.964.33$36,132
Mar 20110096.364.06$0
Feb 2011164085.644.18$14,045
Jan 2011360086.504.59$31,140
Dec 2010173085.734.35$14,831
Nov 20100080.843.80$0
Oct 2010232078.103.51$18,119
Sep 2010168072.633.98$12,202
Aug 2010178073.684.42$13,115
Jul 2010262072.554.74$19,008
Jun 2010186070.364.91$13,087
May 2010175071.124.24$12,446
Apr 2010286081.694.12$23,363
Mar 20100078.394.39$0
Feb 201087073.585.44$6,401
Jan 2010232074.365.96$17,252
Dec 2009186071.445.48$13,288
Nov 2009224074.593.75$16,708
Oct 2009189072.544.11$13,710
Sep 2009155065.543.06$10,159
Aug 200994067.423.22$6,337
Jul 200994061.133.46$5,746
Jun 200938066.163.90$2,514
May 2009114054.743.93$6,240
Apr 200941046.773.59$1,918
Mar 2009107042.144.06$4,509
Feb 2009174032.814.63$5,709
Jan 2009161035.865.37$5,773
Dec 2008171037.105.98$6,344
Nov 2008134055.496.86$7,436
Oct 2008140075.246.92$10,534
Sep 2008310101.767.88$3,155
Aug 2008800114.228.48$9,138
Jul 20081440131.0811.39$18,876
Jun 20081790131.3313.03$23,508
May 20081520123.1711.57$18,722
Apr 20081610110.3110.45$17,760
Mar 20081630101.909.66$16,610
Feb 2008142092.538.77$13,139
Jan 2008172090.388.21$15,545
Dec 2007180088.337.30$15,899
Nov 2007170091.677.29$15,584
Oct 2007177082.856.92$14,664
Sep 2007189075.846.24$14,334
Aug 2007192069.066.39$13,260
Jul 2007173070.906.39$12,266
Jun 2007324062.007.55$20,088
May 2007205058.747.85$12,042
Apr 20070059.617.81$0
Mar 2007118056.927.30$6,717
Feb 2007171055.108.22$9,422
Jan 200796050.306.73$4,829
Dec 2006135056.656.92$7,648
Nov 2006111054.207.62$6,016
Oct 200683054.906.01$4,557
Sep 2006275060.085.04$16,522
Aug 20062068.717.34$137
Jul 2006195069.376.34$13,527
Jun 2006177066.286.38$11,732
May 2006136066.016.42$8,977
Apr 2006114064.397.36$7,340
Mar 20060056.707.08$0
Feb 2006183057.597.75$10,539
Jan 200692060.598.93$5,574
Dec 2005106054.9413.42$5,824
Nov 2005125054.6910.59$6,836
Oct 2005138058.3413.80$8,051
Sep 2005178061.4512.08$10,938
Aug 2005176061.519.80$10,826
Jul 2005134055.697.84$7,462
Jun 200596052.337.38$5,024
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005113050.377.15$5,692
Feb 2005202045.226.31$9,134
Jan 2005206043.166.32$8,891
Dec 2004195039.866.75$7,773
Nov 2004201045.286.33$9,101
Oct 2004131049.706.52$6,511
Sep 2004187043.245.28$8,086
Aug 2004134042.375.55$5,678
Jul 2004207038.286.08$7,924
Jun 2004182036.106.43$6,570
May 2004192037.486.49$7,196
Apr 2004206034.475.86$7,101
Mar 2004180034.365.53$6,185
Feb 2004204032.455.51$6,620
Jan 2004114032.036.30$3,651
Dec 2003190030.266.30$5,749
Nov 2003106028.804.60$3,053
Oct 2003201028.174.76$5,662
Sep 2003357026.314.75$9,393
Aug 2003388029.765.13$11,547
Jul 2003186029.415.17$5,470
Jun 2003293028.565.98$8,368
May 2003405026.595.97$10,769
Apr 2003314026.675.41$8,374
Mar 2003197031.146.10$6,135
Feb 2003370033.487.93$12,388
Jan 2003197030.315.58$5,971
Dec 2002322026.914.85$8,665
Nov 2002166024.664.14$4,094
Oct 2002305026.464.23$8,070
Sep 2002177027.443.64$4,857
Aug 2002194025.963.16$5,036
Jul 2002181024.583.06$4,449
Jun 2002118023.733.34$2,800
May 2002183024.663.58$4,513
Apr 2002296023.653.51$7,000
Mar 2002200022.003.10$4,400
Feb 2002193018.222.38$3,516
Jan 2002168017.172.38$2,885
Dec 2001177016.932.36$2,997
Nov 2001343018.072.41$6,198
Oct 2001397019.782.53$7,853
Sep 2001193024.262.25$4,682
Aug 20010024.873.05$0
Jul 2001178023.933.20$4,260
Jun 2001202024.563.82$4,961
May 20010025.524.31$0
Apr 2001171024.685.34$4,220
Mar 2001202024.545.38$4,957
Feb 20010027.755.77$0
Jan 2001395027.478.40$10,851
Dec 2000219026.889.12$5,887
Nov 20000032.215.66$0
Oct 2000126031.235.15$3,935
Sep 2000125031.875.19$3,984
Aug 2000192029.644.54$5,691
Jul 2000154028.534.09$4,394
Jun 2000145029.304.40$4,249
May 2000320027.263.68$8,723
Apr 2000210024.513.12$5,147
Mar 2000318028.422.86$9,038
Feb 2000197027.622.73$5,441
Jan 2000179025.272.48$4,523
Dec 1999396024.282.42$9,615
Nov 1999318023.192.43$7,374
Oct 1999406020.982.80$8,518
Sep 1999209021.752.62$4,546
Aug 1999200019.262.88$3,852
Jul 1999203017.892.37$3,632
Jun 1999341015.942.36$5,436
May 1999206015.792.32$3,253
Apr 1999402015.102.21$6,070
Mar 1999209012.471.84$2,606
Feb 199942109.981.82$4,202
Jan 1999417010.381.90$4,328
Dec 199840509.201.77$3,726
Nov 1998214010.892.19$2,330
Oct 1998424012.421.97$5,266
Sep 1998364012.592.08$4,583
Aug 1998208011.301.91$2,350
Jul 1998564011.742.24$6,621
Jun 1998413011.242.24$4,642
May 1998209012.622.21$2,638
Apr 1998189013.042.51$2,465
Mar 1998395012.802.31$5,056
Feb 1998422013.952.30$5,887
Jan 1998420014.702.15$6,174
Dec 1997212016.322.41$3,460
Nov 1997629018.193.09$11,442
Oct 1997416019.253.15$8,008
Sep 1997415017.742.95$7,362
Aug 1997415017.862.55$7,412
Jul 1997413017.582.25$7,261
Jun 1997207017.242.26$3,569
May 1997417018.972.31$7,910
Apr 1997373017.882.08$6,669
Mar 1997411018.951.94$7,788
Feb 1997413020.492.21$8,462
Jan 1997344023.483.54$8,077
Dec 1996594023.32$13,852
Nov 1996408021.97$8,964
Oct 1996413023.31$9,627
Sep 1996301022.22$6,688
Aug 1996515020.26$10,434
Jul 1996395019.55$7,722
Jun 1996384018.73$7,192
May 1996593019.43$11,522
Apr 1996209021.51$4,496
Mar 1996135019.38$2,616
Feb 1996130016.98$2,207
Jan 1996207017.07$3,533
Dec 1995420017.19$7,220
Nov 1995403016.00$6,448
Oct 1995210015.43$3,240
Sep 1995291016.18$4,708
Aug 1995620015.92$9,870
Jul 1995414015.24$6,309
Jun 1995408016.41$6,695
May 1995387017.56$6,796
Apr 1995408017.73$7,234
Mar 1995407016.44$6,691
Feb 1995385016.58$6,383
Jan 1995401015.92$6,384
Dec 1994581015.03$8,732
Nov 1994392015.90$6,233
Oct 1994405015.58$6,310
Sep 1994580115.29$8,868
Aug 1994584116.13$9,420
Jul 1994390117.56$6,848
Jun 1994601117.09$10,271
May 1994603115.88$9,576
Apr 1994560114.14$7,918
Mar 1994385112.46$4,797
Feb 1994401112.50$5,013
Jan 1994586112.66$7,419
Dec 1993622112.33$7,669
Nov 1993386114.49$5,593
Oct 1993790115.85$12,522
Sep 1993368115.03$5,531
Aug 1993502115.66$7,861
Jul 1993718115.46$11,100
Jun 1993557116.79$9,352
May 1993541117.68$9,565
Apr 1993489118.05$8,826
Mar 1993651118.14$11,809
Feb 1993501117.90$8,968
Jan 1993497116.93$8,414

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.

Nov 2023 — as filed, then multipliedworked
Oil                    2 bbl  × $ 77.89 =       $156
Casinghead gas         0 Mcf  × $  2.81 =         $0

────────────────────────────────────────────────────
Month total                                     $156

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/332 is the state's own key, not one this site invented.