REDONION

Operated by BASIN OIL & GAS OPERATING, LLC (P-5 54430) in the TOKIO, SOUTH (LEONARD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 70774District 8AField 90369500Hydrogen sulphide fieldOilSaveExport
Value, all time
$1.2 M
Mar 2018 – May 2026
Value, last 12 filed months
$67 k
at the published price for each month
Months reported
99
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 8 leases and 9 wells, and the rule below applies to all of them.

Discovered
1986-12-10
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1987-07-01.

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.

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
OilDisposition17,700 bbl$1,162,253
Total$1,162,253

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 33.1085, -102.5708. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.10848, -102.57083 · 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
8,300 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 8,300 ft.

Completions filed
Mar 2018
1 of 1 wells

1 well

42-4453244928,300 ftMar 2018

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 (99)

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

99 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 202616589.753.15$14,809
Feb 202616663.503.75$10,541
Jan 2026059.138.00$0
Dec 202516056.664.41$9,066
Nov 202516658.593.93$9,726
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 202517766.743.32$11,813
Jun 202516766.483.13$11,102
May 2025060.553.23$0
Apr 202517462.363.54$10,851
Mar 202518167.704.27$12,254
Feb 2025070.884.34$0
Jan 202517374.324.28$12,857
Dec 2024068.993.12$0
Nov 202418569.052.20$12,774
Oct 202417871.372.28$12,704
Sep 2024069.612.36$0
Aug 202418175.632.06$13,689
Jul 2024079.932.15$0
Jun 202417978.082.63$13,976
May 2024078.812.20$0
Apr 202417384.451.66$14,610
Mar 202418280.301.55$14,615
Feb 2024176.091.78$76
Jan 202418073.023.30$13,144
Dec 2023171.262.61$71
Nov 202318277.892.81$14,176
Oct 202317785.443.09$15,123
Sep 2023289.042.74$178
Aug 202317980.522.67$14,413
Jul 202319174.852.64$14,296
Jun 2023268.962.26$138
May 202317970.622.23$12,641
Apr 202317978.122.24$13,983
Mar 202318072.852.39$13,113
Feb 2023275.112.47$150
Jan 202318176.533.39$13,852
Dec 202218176.415.73$13,830
Nov 2022285.005.65$170
Oct 202218187.185.86$15,780
Sep 202217484.888.16$14,769
Aug 202217794.529.13$16,730
Jul 2022178101.587.54$18,081
Jun 2022177115.097.98$20,371
May 20220109.378.43$0
Apr 2022175104.226.84$18,239
Mar 2022176108.885.08$19,163
Feb 202217991.054.86$16,298
Jan 202217781.844.54$14,486
Dec 2021071.323.90$0
Nov 202135477.435.24$27,410
Oct 202118179.795.71$14,442
Sep 202118069.865.35$12,575
Aug 202117366.024.22$11,421
Jul 202117970.783.98$12,670
Jun 202118169.493.38$12,578
May 202117963.483.02$11,363
Apr 202136160.362.76$21,790
Mar 202135861.302.72$21,945
Feb 202135757.805.55$20,635
Jan 202117550.412.81$8,822
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 202035714.751.80$5,266
Mar 2020030.341.86$0
Feb 202035649.881.98$17,757
Jan 2020057.252.09$0
Dec 201935659.012.30$21,008
Nov 201936355.302.75$20,074
Oct 2019053.472.42$0
Sep 201936455.052.66$20,038
Aug 2019053.112.30$0
Jul 201936156.272.46$20,313
Jun 201935252.782.49$18,579
May 201934858.482.74$20,351
Apr 2019062.632.75$0
Mar 201933556.803.06$19,028
Feb 201934250.852.79$17,391
Jan 201934946.033.23$16,064
Dec 201852046.594.19$24,227
Nov 201817252.934.24$9,104
Oct 201834361.443.40$21,074
Sep 201835059.543.11$20,839
Aug 201834059.403.07$20,196
Jul 201867565.142.93$43,970
Jun 201868160.183.08$40,983
May 20181,02565.382.90$67,015
Apr 20181,01363.842.90$64,670
Mar 2018061.222.79$0

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.

Mar 2026 — as filed, then multipliedworked
Oil                  165 bbl  × $ 89.75 =    $14,809

────────────────────────────────────────────────────
Month total                                  $14,809

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/70774 is the state's own key, not one this site invented.