TEMPLETON

Operated by VERADO ENERGY, INC. (P-5 884563) in the HERMLEIGH (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 70217District 8AField 40716333OilSaveExport
Value, all time
$406 k
Nov 2013 – Oct 2025
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
144
no gaps in the span
Streams
1
oil

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 40 leases and 61 wells, and the rule below applies to all of them.

Discovered
1953-10-22
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-08-01.

The Commission's schedule remark for this field reads: PSUEDO RULES FOR HORIZONTAL WELLS.

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
OilDisposition6,474 bbl$406,340
Total$406,340

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 32.7123, -100.7187. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.71234, -100.71872 · 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
7,405 ft
1 wells filed one
Completion to plug
10.5 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 7,405 ft.

Completions filed
Nov 2013
1 of 1 wells
Plug dates filed
May 2024
1 of 1 wells

Last completion to plug: a median of 10.5 years across the 1 well that filed both dates, with the middle half between 10.5 years and 10.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4153317317,405 ftNov 2013May 2024Yes

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 (144)

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

144 months

Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 202516463.933.01$10,485
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 202217776.415.73$13,525
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 202219084.888.16$16,127
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 2022179104.226.84$18,655
Mar 2022174108.885.08$18,945
Feb 2022091.054.86$0
Jan 202219081.844.54$15,550
Dec 2021071.323.90$0
Nov 202119377.435.24$14,944
Oct 2021179.795.71$80
Sep 202119469.865.35$13,553
Aug 2021066.024.22$0
Jul 202117870.783.98$12,599
Jun 202117969.493.38$12,439
May 2021063.483.02$0
Apr 202118360.362.76$11,046
Mar 202118261.302.72$11,157
Feb 2021057.805.55$0
Jan 202118250.412.81$9,175
Dec 202017944.642.68$7,991
Nov 202017938.772.71$6,940
Oct 2020036.972.48$0
Sep 202018037.091.99$6,676
Aug 2020039.982.39$0
Jul 202017638.371.83$6,753
Jun 2020134.901.69$35
May 2020116.921.81$17
Apr 2020214.751.80$30
Mar 2020430.341.86$121
Feb 202018149.881.98$9,028
Jan 2020057.252.09$0
Dec 201917159.012.30$10,091
Nov 201916755.302.75$9,235
Oct 2019053.472.42$0
Sep 201916655.052.66$9,138
Aug 201917253.112.30$9,135
Jul 201917256.272.46$9,678
Jun 201917752.782.49$9,342
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201818361.443.40$11,244
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018260.183.08$120
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 201817161.222.79$10,469
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 201717847.523.09$8,459
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 201718149.413.42$8,943
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 201617641.442.92$7,293
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 201618226.472.06$4,818
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 201518040.162.87$7,229
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 201518444.662.98$8,217
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 201417878.303.90$13,937
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 201417796.564.18$17,091
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 201418095.944.81$17,269
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 201418290.404.86$16,453
Dec 2013091.824.35$0
Nov 20132688.853.74$2,310

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.

Aug 2025 — as filed, then multipliedworked
Oil                  164 bbl  × $ 63.93 =    $10,485

────────────────────────────────────────────────────
Month total                                  $10,485

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/70217 is the state's own key, not one this site invented.