PEARL

Operated by STEWARD ENERGY II, LLC (P-5 819609) in the SABLE (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 70431District 8AField 79393750Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.2 M
Mar 2016 – Oct 2020
Value, last 12 filed months
$177 k
at the published price for each month
Months reported
56
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 69 leases and 165 wells, and the rule below applies to all of them.

Discovered
1957-12-23
as the register files it
Field class
Oil
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 40 acres. The field rule took effect on 2016-12-06.

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: PER DOCKET OG-19-00002099.

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
OilDisposition20,533 bbl$1,104,896
Casinghead gasProduction19,630 Mcf$53,617
Total$1,158,514

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 33.3520, -102.9551. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.35196, -102.95511 · 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
0.0%
0 of 1 wells
Median depth
5,270 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
1100.0%
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.
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 5,270 ft.

Completions filed
Mar 2016
1 of 1 wells

1 well

42-501366361H5,270 ftMar 2016Yes

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 (56)

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

56 months

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 202067014.751.80$988
Mar 202045545030.341.86$14,640
Feb 202072073949.881.98$37,377
Jan 202079868457.252.09$47,118
Dec 20195711,47259.012.30$37,087
Nov 201969450455.302.75$39,765
Oct 201974998853.472.42$42,439
Sep 201941340955.052.66$23,822
Aug 201957372353.112.30$32,098
Jul 201952260356.272.46$30,856
Jun 201943458852.782.49$24,371
May 201949381358.482.74$31,059
Apr 20192819062.632.75$2,276
Mar 20190056.803.06$0
Feb 201926452450.852.79$14,888
Jan 201989655346.033.23$43,028
Dec 201880779446.594.19$40,921
Nov 201863734752.934.24$35,187
Oct 201897491361.443.40$62,945
Sep 201833023159.543.11$20,366
Aug 201845766059.403.07$29,170
Jul 20189951,06765.142.93$67,943
Jun 20181,07379160.183.08$67,007
May 201898661265.382.90$66,240
Apr 20181,47265263.842.90$95,864
Mar 201867070661.222.79$42,985
Feb 20188561,47461.782.77$56,961
Jan 2018033762.874.01$1,351
Dec 20170057.272.92$0
Nov 20170055.423.12$0
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 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016271041.622.92$11,279
Jun 201690733545.352.69$42,032
May 20161,12457542.521.99$48,937
Apr 201684252336.561.99$31,825
Mar 201645537333.011.79$15,689

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.

Apr 2020 — as filed, then multipliedworked
Oil                   67 bbl  × $ 14.75 =       $988
Casinghead gas         0 Mcf  × $  1.80 =         $0

────────────────────────────────────────────────────
Month total                                     $988

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/70431 is the state's own key, not one this site invented.