B&M SWD

Operated by RED TAIL EXPLORATION, LLC (P-5 100515) in the TOKIO (LEONARD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 70551District 8AField 90365350Hydrogen sulphide fieldOilSaveExport
Value, all time
$563 k
Dec 2016 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
114
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 4 leases and 5 wells, and the rule below applies to all of them.

Discovered
1984-06-16
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 80 acres. The field rule took effect on 2026-06-02.

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: 51(A) AND 13(B)(4)(A).

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
OilDisposition9,702 bbl$563,272
Total$563,272

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 33.1395, -102.6102. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.13952, -102.61017 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,012 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
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.
1100.0%

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 10,012 ft.

Completions filed
Jun 2025
1 of 1 wells

1 well

42-50136661110,012 ftJun 2025

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 (114)

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

114 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 20253666.483.13$2,393
May 202516460.553.23$9,930
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 202518870.884.34$13,325
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 202419071.372.28$13,560
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 202418779.932.15$14,947
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 202419280.301.55$15,418
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 202319685.443.09$16,746
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 202318970.622.23$13,347
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 202318675.112.47$13,970
Jan 2023076.533.39$0
Dec 202217776.415.73$13,525
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 202216881.844.54$13,749
Dec 2021071.323.90$0
Nov 202118677.435.24$14,402
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 202117966.024.22$11,818
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 202118060.362.76$10,865
Mar 2021061.302.72$0
Feb 202118257.805.55$10,520
Jan 2021050.412.81$0
Dec 202018444.642.68$8,214
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 202018437.091.99$6,825
Aug 2020039.982.39$0
Jul 202016538.371.83$6,331
Jun 202017834.901.69$6,212
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 202017757.252.09$10,133
Dec 201918359.012.30$10,799
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 201918155.052.66$9,964
Aug 2019053.112.30$0
Jul 201916556.272.46$9,285
Jun 201917852.782.49$9,395
May 201917658.482.74$10,292
Apr 2019062.632.75$0
Mar 201917656.803.06$9,997
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201818061.443.40$11,059
Sep 201817759.543.11$10,539
Aug 2018059.403.07$0
Jul 201827565.142.93$17,914
Jun 201815660.183.08$9,388
May 201815565.382.90$10,134
Apr 201815763.842.90$10,023
Mar 201815061.222.79$9,183
Feb 201831561.782.77$19,461
Jan 201816262.874.01$10,185
Dec 201716057.272.92$9,163
Nov 201716555.423.12$9,144
Oct 201749649.292.98$24,448
Sep 201731547.523.09$14,969
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 201717247.933.21$8,244
Mar 201765246.772.98$30,494
Feb 201751350.452.95$25,881
Jan 201779549.413.42$39,281
Dec 201616048.763.72$7,802

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.

Jun 2025 — as filed, then multipliedworked
Oil                   36 bbl  × $ 66.48 =     $2,393

────────────────────────────────────────────────────
Month total                                   $2,393

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/70551 is the state's own key, not one this site invented.