PEGASUS

Operated by LAKEWOOD OPERATING, LTD. (P-5 483615) in the DIAMOND -M- (CANYON LIME AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 67318District 8AField 24562142Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.7 M
Oct 1994 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
380
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 48 leases and 704 wells, and the rule below applies to all of them.

Discovered
1948-12-19
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 40 acres. The field rule took effect on 1984-09-01.

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: FIELD MER 15250 PERDAY EFF. 6/7/77 PER DOCKET #8A-67129.

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
OilDisposition166,351 bbl$5,524,394
Casinghead gasProduction74,155 Mcf$171,908
Total$5,696,302

27,809 Mcf of this lease's gas, across 27 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 (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 32.5893, -101.0504. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.58929, -101.05044 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,870 ft
1 wells filed one
Completion to plug
22.8 years
median over 1 well

What the state filed about each well

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

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 6,870 ft.

Completions filed
Oct 1994
1 of 1 wells
Plug dates filed
Jul 2017
1 of 1 wells

Last completion to plug: a median of 22.8 years across the 1 well that filed both dates, with the middle half between 22.8 years and 22.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4153332316,870 ftOct 1994Jul 2017Yes

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 (380)

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

380 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 20230077.892.81$0
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 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 201715055.423.12$831
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 2017177047.933.21$8,484
Mar 2017140046.772.98$6,548
Feb 2017165050.452.95$8,324
Jan 2017177049.413.42$8,746
Dec 2016187048.763.72$9,118
Nov 2016186042.492.64$7,903
Oct 2016341046.193.09$15,751
Sep 2016173041.553.10$7,188
Aug 2016166041.442.92$6,879
Jul 2016335041.622.92$13,943
Jun 2016164045.352.69$7,437
May 2016362042.521.99$15,392
Apr 2016346036.561.99$12,650
Mar 2016177033.011.79$5,843
Feb 2016338026.472.06$8,947
Jan 2016166027.352.36$4,540
Dec 2015505032.362.00$16,342
Nov 2015165038.792.17$6,400
Oct 20150043.552.43$0
Sep 2015339042.992.76$14,574
Aug 2015168040.162.87$6,747
Jul 2015165048.152.95$7,945
Jun 2015165056.152.88$9,265
May 2015176055.212.96$9,717
Apr 2015168049.822.71$8,370
Mar 2015336042.892.93$14,411
Feb 20150044.662.98$0
Jan 2015165043.433.10$7,166
Dec 2014168054.693.59$9,188
Nov 2014171070.464.25$12,049
Oct 2014170078.303.90$13,311
Sep 2014171086.164.05$14,733
Aug 2014170089.394.04$15,196
Jul 2014170096.564.18$16,415
Jun 2014343098.164.74$33,669
May 2014173094.734.73$16,388
Apr 2014173095.944.81$16,598
Mar 2014171095.895.06$16,397
Feb 2014171097.406.19$16,655
Jan 2014169090.404.86$15,278
Dec 2013170091.824.35$15,609
Nov 2013172088.853.74$15,282
Oct 2013171097.423.78$16,659
Sep 20131760104.113.72$18,323
Aug 20131730104.253.52$18,035
Jul 20133480102.523.72$35,677
Jun 2013173094.403.93$16,331
May 2013347094.834.15$32,906
Apr 20130093.964.28$0
Mar 2013170093.623.91$15,915
Feb 2013172091.233.42$15,692
Jan 2013171091.603.42$15,664
Dec 2012345086.773.42$29,936
Nov 20120086.953.62$0
Oct 2012170089.383.40$15,195
Sep 2012171094.672.92$16,189
Aug 2012331092.662.91$30,670
Jul 2012169085.133.02$14,387
Jun 2012168079.822.52$13,410
May 2012168091.612.49$15,390
Apr 20123490101.652.00$35,476
Mar 20121740105.052.22$18,279
Feb 20121730101.102.57$17,490
Jan 2012177098.092.73$17,362
Dec 2011171096.873.24$16,565
Nov 2011332095.723.31$31,779
Oct 2011170084.983.65$14,447
Sep 2011167083.623.99$13,965
Aug 2011334083.404.15$27,856
Jul 2011341094.144.52$32,102
Jun 2011172092.904.64$15,979
May 2011170098.134.40$16,682
Apr 20111660105.964.33$17,589
Mar 2011344096.364.06$33,148
Feb 2011171085.644.18$14,644
Jan 2011170086.504.59$14,705
Dec 2010344085.734.35$29,491
Nov 2010172080.843.80$13,904
Oct 2010342078.103.51$26,710
Sep 2010174072.633.98$12,638
Aug 2010343073.684.42$25,272
Jul 2010172072.554.74$12,479
Jun 2010169070.364.91$11,891
May 2010336071.124.24$23,896
Apr 2010344081.694.12$28,101
Mar 2010171078.394.39$13,405
Feb 2010336073.585.44$24,723
Jan 2010171074.365.96$12,716
Dec 2009339071.445.48$24,218
Nov 2009514074.593.75$38,339
Oct 2009167072.544.11$12,114
Sep 2009172065.543.06$11,273
Aug 2009338067.423.22$22,788
Jul 2009344061.133.46$21,029
Jun 2009141066.163.90$9,329
May 2009343054.743.93$18,776
Apr 2009170046.773.59$7,951
Mar 2009343042.144.06$14,454
Feb 2009347032.814.63$11,385
Jan 2009176035.865.37$6,311
Dec 2008356037.105.98$13,208
Nov 2008353055.496.86$19,588
Oct 2008178075.246.92$13,393
Sep 20083509101.767.88$35,687
Aug 200835416114.228.48$40,570
Jul 20083575131.0811.39$46,853
Jun 200811516131.3313.03$15,311
May 200853653123.1711.57$66,633
Apr 2008041110.3110.45$429
Mar 200835446101.909.66$36,517
Feb 20083322292.538.77$30,913
Jan 20085341890.388.21$48,411
Dec 2007177488.337.30$15,664
Nov 2007359191.677.29$32,917
Oct 2007353182.856.92$29,253
Sep 2007357175.846.24$27,081
Aug 20073533869.066.39$24,621
Jul 20073304070.906.39$23,653
Jun 20073552862.007.55$22,221
May 20073581458.747.85$21,139
Apr 2007353159.617.81$21,050
Mar 2007359856.927.30$20,493
Feb 20073562955.108.22$19,854
Jan 200701850.306.73$121
Dec 20065492456.656.92$31,267
Nov 20061816354.207.62$10,290
Oct 20065396754.906.01$29,994
Sep 20063583760.085.04$21,695
Aug 20063592968.717.34$24,880
Jul 20063583069.376.34$25,025
Jun 2006356166.286.38$23,602
May 2006539266.016.42$35,592
Apr 2006355264.397.36$22,873
Mar 2006538056.707.08$30,505
Feb 2006345357.597.75$19,892
Jan 2006363160.598.93$22,003
Dec 2005531354.9413.42$29,213
Nov 2005367054.6910.59$20,071
Oct 2005180058.3413.80$10,501
Sep 2005179261.4512.08$11,024
Aug 2005357361.519.80$21,988
Jul 2005540055.697.84$30,073
Jun 2005361252.337.38$18,906
May 2005533245.226.65$24,116
Apr 2005532349.207.36$26,196
Mar 2005527250.377.15$26,559
Feb 2005533345.226.31$24,121
Jan 2005553443.166.32$23,893
Dec 2004364239.866.75$14,523
Nov 20043593645.286.33$16,483
Oct 200454110549.706.52$27,572
Sep 200453911443.245.28$23,909
Aug 200454012642.375.55$23,579
Jul 20045324038.286.08$20,608
Jun 2004539036.106.43$19,458
May 2004541037.486.49$20,277
Apr 2004542034.475.86$18,683
Mar 20045311534.365.53$18,328
Feb 20047221432.455.51$23,506
Jan 20045437132.036.30$17,840
Dec 20035483930.266.30$16,828
Nov 200373324328.804.60$22,227
Oct 2003526228.174.76$14,827
Sep 20035277526.314.75$14,222
Aug 200368511129.765.13$20,955
Jul 200371910629.415.17$21,694
Jun 200370340028.565.98$22,471
May 200354442326.595.97$16,991
Apr 200371636426.675.41$21,064
Mar 200384640831.146.10$28,832
Feb 200353225533.487.93$19,832
Jan 200388643530.315.58$29,283
Dec 200272244126.914.85$21,570
Nov 200265050324.664.14$18,110
Oct 200291661226.464.23$26,826
Sep 200271858427.443.64$21,825
Aug 200290919725.963.16$24,221
Jul 2002904024.583.06$22,220
Jun 200254530723.733.34$13,958
May 200289726124.663.58$23,055
Apr 200290951423.653.51$23,303
Mar 20021,08365522.003.10$25,858
Feb 200275835318.222.38$14,649
Jan 20021,1148917.172.38$19,339
Dec 2001922116.932.36$15,612
Nov 20011,28724418.072.41$23,843
Oct 200192386919.782.53$20,455
Sep 20011,09896424.262.25$28,808
Aug 20011,2501,01524.873.05$34,186
Jul 200191777323.933.20$24,415
Jun 20011,2761,03324.563.82$35,289
May 20011,2821,04625.524.31$37,222
Apr 20011,27286924.685.34$36,029
Mar 20011,2861,03124.545.38$37,102
Feb 20011,30998927.755.77$42,028
Jan 20011,3101,06627.478.40$44,939
Dec 20001,12474326.889.12$36,991
Nov 20001,11085732.215.66$40,602
Oct 20001,30086631.235.15$45,055
Sep 20001,09676731.875.19$38,908
Aug 20001,45291929.644.54$47,210
Jul 20001,27497028.534.09$40,314
Jun 20001,46758729.304.40$45,564
May 20001,09585227.263.68$32,985
Apr 20001,4601,01524.513.12$38,947
Mar 20001,2801,07428.422.86$39,449
Feb 20001,2631,02127.622.73$37,668
Jan 20001,8171,20325.272.48$48,900
Dec 19991,4441,30924.282.42$38,233
Nov 19991,6291,35423.192.43$41,072
Oct 199951742520.982.80$12,038
Sep 199989267521.752.62$21,169
Aug 199936231719.262.88$7,884
Jul 199935436817.892.37$7,206
Jun 199934631615.942.36$6,262
May 199936531715.792.32$6,499
Apr 199953628015.102.21$8,712
Mar 199934932712.471.84$4,953
Feb 19993392879.981.82$3,905
Jan 199935630810.381.90$4,280
Dec 19981893279.201.77$2,319
Nov 199851533010.892.19$6,330
Oct 199834933812.421.97$5,000
Sep 199853237412.592.08$7,477
Aug 199833335811.301.91$4,446
Jul 199869441811.742.24$9,083
Jun 199835340911.242.24$4,883
May 199837036912.622.21$5,484
Apr 199833343313.042.51$5,427
Mar 199836238912.802.31$5,532
Feb 199853439913.952.30$8,367
Jan 199852535414.702.15$8,480
Dec 199763936616.322.41$11,311
Nov 199769831718.193.09$13,676
Oct 199752341319.253.15$11,369
Sep 199787150517.742.95$16,944
Aug 199750946917.862.55$10,289
Jul 199785453817.582.25$16,222
Jun 199767555417.242.26$12,887
May 199792157518.972.31$18,799
Apr 199792656617.882.08$17,736
Mar 199791563118.951.94$18,563
Feb 199784858520.492.21$18,666
Jan 19971,06368023.483.54$27,366
Dec 19961,20682223.32$28,124
Nov 19961,18970721.97$26,122
Oct 19961,16078623.31$27,040
Sep 19961,26081822.22$27,997
Aug 19961,36585820.26$27,655
Jul 19961,53395819.55$29,970
Jun 19961,3701,00318.73$25,660
May 19961,4361,05219.43$27,901
Apr 19961,9561,11621.51$42,074
Mar 19961,9241,29119.38$37,287
Feb 19961,7071,04216.98$28,985
Jan 19961,7501,03017.07$29,873
Dec 19951,6821,06317.19$28,914
Nov 19951,8621,02716.00$29,792
Oct 19951,9021,17815.43$29,348
Sep 19951,9091,25416.18$30,888
Aug 19952,1661,42915.92$34,483
Jul 19952,42266315.24$36,911
Jun 19951,89093216.41$31,015
May 19952,5831,14117.56$45,357
Apr 19952,2511,07817.73$39,910
Mar 19952,8281,17316.44$46,492
Feb 19952,2951,08016.58$38,051
Jan 19952,5191,19915.92$40,102
Dec 19942,6601,20615.03$39,980
Nov 19942,6451,18515.90$42,056
Oct 19941,04571815.58$16,281

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 2017 — as filed, then multipliedworked
Oil                   15 bbl  × $ 55.42 =       $831
Casinghead gas         0 Mcf  × $  3.12 =         $0

────────────────────────────────────────────────────
Month total                                     $831

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. 8A/O/67318 is the state's own key, not one this site invented.