HAT TRICK

Operated by OCCIDENTAL PERMIAN LTD. (P-5 617544) in the WASSON 72 field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 70862District 8AField 95431001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$20.0 M
Jul 2018 – May 2026
Value, last 12 filed months
$249 k
at the published price for each month
Months reported
95
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 129 leases and 1,426 wells, and the rule below applies to all of them.

Discovered
1941-12-31
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 10 acres. The field rule took effect on 2016-08-24.

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: MAY OVERLAP.P-16 FORMS ARE REQUIRED, AND LEASE PLATS.

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
OilDisposition342,031 bbl$19,784,835
Casinghead gasProduction54,263 Mcf$175,148
Total$19,959,982

Wells on this lease (2)

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 33.0352, -102.7524. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

33.03525, -102.75235 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
6,151 ft
2 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.
2100.0%

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

Between 5,985 and 6,316 ft, median 6,151 ft, over the 2 wells that filed a depth.

Completions filed
Jul 2018 – Dec 2019
2 of 2 wells

2 wells

42-5013710846,316 ftDec 2019
42-501369521H5,985 ftJul 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 (95)

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

95 months

May 2026368164106.413.05$39,658
Apr 202647020498.932.87$47,083
Mar 202633421389.753.15$30,647
Feb 2026142863.503.75$9,047
Jan 202640623659.138.00$25,894
Dec 2025486056.664.41$27,537
Nov 2025106058.593.93$6,211
Oct 20250059.383.30$0
Sep 20254062.743.08$251
Aug 202569063.933.01$4,411
Jul 2025345066.743.32$23,025
Jun 2025534066.483.13$35,500
May 2025682060.553.23$41,295
Apr 2025582062.363.54$36,294
Mar 2025669067.704.27$45,291
Feb 2025815070.884.34$57,767
Jan 2025116074.324.28$8,621
Dec 2024126068.993.12$8,693
Nov 2024124069.052.20$8,562
Oct 20241,718071.372.28$122,614
Sep 20241,29732169.612.36$91,043
Aug 20241,747075.632.06$132,126
Jul 20241,566079.932.15$125,170
Jun 20241,769078.082.63$138,124
May 20241,820078.812.20$143,434
Apr 20241,79411684.451.66$151,696
Mar 20241,94826780.301.55$156,837
Feb 20241,618076.091.78$123,114
Jan 20241,84016573.023.30$134,901
Dec 20231,78327071.262.61$127,761
Nov 20231,97714477.892.81$154,393
Oct 20231,24315785.443.09$106,687
Sep 20231,92518689.042.74$171,911
Aug 20231,80515880.522.67$145,761
Jul 20231,85818374.852.64$139,555
Jun 20232,00419668.962.26$138,639
May 20231,98146870.622.23$140,941
Apr 20231,89678978.122.24$149,881
Mar 20232,16267272.852.39$159,110
Feb 20231,89143275.112.47$143,098
Jan 20232,25528276.533.39$173,530
Dec 20222,58083976.415.73$201,945
Nov 20221,80424585.005.65$154,723
Oct 20221,76632687.185.86$155,871
Sep 20221,75042984.888.16$152,042
Aug 20221,87625494.529.13$179,638
Jul 20221,934592101.587.54$200,921
Jun 20221,732586115.097.98$204,011
May 20221,579493109.378.43$176,853
Apr 20221,898696104.226.84$202,569
Mar 20222,2110108.885.08$240,734
Feb 20222,24253391.054.86$206,724
Jan 20222,61046981.844.54$215,731
Dec 20212,51055771.323.90$181,185
Nov 20212,84123777.435.24$221,220
Oct 20212,64248779.795.71$213,588
Sep 20212,81250569.865.35$199,149
Aug 20212,62647866.024.22$175,386
Jul 20213,01249870.783.98$215,172
Jun 20213,31161969.493.38$232,174
May 20213,28958263.483.02$210,542
Apr 20213,72959460.362.76$226,721
Mar 20214,23672761.302.72$261,642
Feb 20213,97760057.805.55$233,199
Jan 20214,91459550.412.81$249,387
Dec 20205,22574144.642.68$235,227
Nov 20205,14176638.772.71$201,390
Oct 20204,92891936.972.48$184,466
Sep 20206,1981,20337.091.99$232,279
Aug 20206,3731,08639.982.39$257,383
Jul 20207,0351,40238.371.83$272,492
Jun 20206,8441,20634.901.69$240,894
May 20207,1851,42316.921.81$124,153
Apr 20207,4821,35514.751.80$112,804
Mar 20208,3691,35430.341.86$256,429
Feb 20207,7331,07149.881.98$387,843
Jan 20207,98483857.252.09$458,839
Dec 20196,94096959.012.30$411,762
Nov 20194,7831,03655.302.75$267,350
Oct 20194,90291053.472.42$264,311
Sep 20196,64193355.052.66$368,066
Aug 20197,3761,04453.112.30$394,145
Jul 20197,9141,26856.272.46$448,440
Jun 20197,97181052.782.49$422,727
May 20198,1941,48458.482.74$483,252
Apr 20197,52898262.632.75$474,180
Mar 20197,9621,47556.803.06$456,758
Feb 20197,1401,28050.852.79$366,643
Jan 20198,2661,55846.033.23$385,513
Dec 20188,6761,55346.594.19$410,715
Nov 20188,5431,38152.934.24$458,033
Oct 20189,4161,20761.443.40$582,621
Sep 201818,7571,98659.543.11$1,122,964
Aug 201816,7662,59759.403.07$1,003,864
Jul 20183,60385465.142.93$237,203

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.

May 2026 — as filed, then multipliedworked
Oil                  368 bbl  × $106.41 =    $39,159
Casinghead gas       164 Mcf  × $  3.05 =       $500

────────────────────────────────────────────────────
Month total                                  $39,658

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/70862 is the state's own key, not one this site invented.