LEE, W.T., SR.

Operated by PRODUCTION RESOURCES, INC. (P-5 680845) in the SOMERSET field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11390District 01Field 84560001OilCasinghead gasSaveExport
Value, all time
$471 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 1,033 leases and 5,137 wells, and the rule below applies to all of them.

Discovered
1911-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
330 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2.05 acres. The field rule took effect on 1986-02-01.

The Commission's schedule remark for this field reads: RULES EFF. FOR SOMERSET FIELD 12-11-78.

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
OilDisposition11,429 bbl$470,863
Casinghead gasProduction38 Mcf$4
Total$470,866

37 Mcf of this lease's gas, across 37 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (4)

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 29.1752, -98.6818. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

29.17520, -98.68176 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
1,700 ft
4 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.
4100.0%

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 1,690 and 1,740 ft, median 1,700 ft, over the 4 wells that filed a depth.

Completions filed
Jan 1986 – Feb 1986
4 of 4 wells

4 wells

42-0133367831,740 ftFeb 1986
42-0133367611,700 ftFeb 1986
42-0133367941,700 ftJan 1986
42-0133367721,690 ftJan 1986

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 202380077.892.81$6,231
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202379075.112.47$5,934
Jan 20230076.533.39$0
Dec 202261076.415.73$4,661
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 2022111094.529.13$10,492
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 2022880108.885.08$9,581
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 202161077.435.24$4,723
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 202186066.024.22$5,678
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 202168061.302.72$4,168
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 202081038.371.83$3,108
Jun 202030034.901.69$1,047
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 202044049.881.98$2,195
Jan 20200057.252.09$0
Dec 201954059.012.30$3,187
Nov 20190055.302.75$0
Oct 201987053.472.42$4,652
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 201972056.272.46$4,051
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201971062.632.75$4,447
Mar 20190056.803.06$0
Feb 201961050.852.79$3,102
Jan 20190046.033.23$0
Dec 201865046.594.19$3,028
Nov 20180052.934.24$0
Oct 201869061.443.40$4,239
Sep 20180059.543.11$0
Aug 201898059.403.07$5,821
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 201867065.382.90$4,380
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 201895061.782.77$5,869
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 201775055.423.12$4,157
Oct 20170049.292.98$0
Sep 201773047.523.09$3,469
Aug 20170045.373.00$0
Jul 201771043.873.09$3,115
Jun 20170042.493.09$0
May 201761045.373.26$2,768
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201767050.452.95$3,380
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 201649046.193.09$2,263
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 201656041.622.92$2,331
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 201656036.561.99$2,047
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 201665027.352.36$1,778
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201564043.552.43$2,787
Sep 20150042.992.76$0
Aug 201576040.162.87$3,052
Jul 20150048.152.95$0
Jun 201574056.152.88$4,155
May 20150055.212.96$0
Apr 201566049.822.71$3,288
Mar 20150042.892.93$0
Feb 201594044.662.98$4,198
Jan 20150043.433.10$0
Dec 201488054.693.59$4,813
Nov 20140070.464.25$0
Oct 201480078.303.90$6,264
Sep 20140086.164.05$0
Aug 201470089.394.04$6,257
Jul 20140096.564.18$0
Jun 201477098.164.74$7,558
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 201435095.895.06$3,356
Feb 201487097.406.19$8,474
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 2013680104.113.72$7,079
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 201388094.834.15$8,345
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201230086.773.42$2,603
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012139094.672.92$13,159
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011102098.134.40$10,009
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010157078.103.51$12,262
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 2010107070.364.91$7,529
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 201086073.585.44$6,328
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 200916065.543.06$1,049
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 200985066.163.90$5,624
May 20090054.743.93$0
Apr 200948046.773.59$2,245
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 2008141075.246.92$10,609
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 2008760131.3313.03$9,981
May 200800123.1711.57$0
Apr 2008510110.3110.45$5,626
Mar 20081000101.909.66$10,190
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 200775088.337.30$6,625
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 200721069.066.39$1,450
Jul 200788070.906.39$6,239
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 200784055.108.22$4,628
Jan 20070050.306.73$0
Dec 200673056.656.92$4,135
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 200689069.376.34$6,174
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 2005143054.6910.59$7,821
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 200558043.166.32$2,503
Dec 20040039.866.75$0
Nov 200487045.286.33$3,939
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 2004103038.286.08$3,943
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 200455032.036.30$1,762
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 200362028.174.76$1,747
Sep 20030026.314.75$0
Aug 200348029.765.13$1,428
Jul 200339029.415.17$1,147
Jun 200384028.565.98$2,399
May 200342026.595.97$1,117
Apr 200343026.675.41$1,147
Mar 200398031.146.10$3,052
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 200243026.914.85$1,157
Nov 200251024.664.14$1,258
Oct 200278026.464.23$2,064
Sep 20020027.443.64$0
Aug 200274025.963.16$1,921
Jul 200248024.583.06$1,180
Jun 200246023.733.34$1,092
May 200239024.663.58$962
Apr 200246023.653.51$1,088
Mar 2002106022.003.10$2,332
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 200152019.782.53$1,029
Sep 200138024.262.25$922
Aug 2001110024.873.05$2,736
Jul 20010023.933.20$0
Jun 200145024.563.82$1,105
May 200141025.524.31$1,046
Apr 200176024.685.34$1,876
Mar 20010024.545.38$0
Feb 200165027.755.77$1,804
Jan 200192027.478.40$2,527
Dec 200069026.889.12$1,855
Nov 20000032.215.66$0
Oct 200070031.235.15$2,186
Sep 2000122031.875.19$3,888
Aug 20000029.644.54$0
Jul 200047028.534.09$1,341
Jun 200041029.304.40$1,201
May 200052027.263.68$1,418
Apr 200070024.513.12$1,716
Mar 20000028.422.86$0
Feb 200089027.622.73$2,458
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 199971023.192.43$1,646
Oct 19990020.982.80$0
Sep 199977021.752.62$1,675
Aug 199967019.262.88$1,290
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 199977015.792.32$1,216
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199919109.981.82$1,906
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 1998157012.421.97$1,950
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 1997145017.242.26$2,500
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 199778123.483.54$1,835
Dec 1996134123.32$3,125
Nov 19960021.97$0
Oct 1996138123.31$3,217
Sep 1996300122.22$6,666
Aug 199680120.26$1,621
Jul 1996136119.55$2,659
Jun 19960018.73$0
May 19960019.43$0
Apr 199644121.51$946
Mar 1996143119.38$2,771
Feb 19960016.98$0
Jan 199640117.07$683
Dec 199596117.19$1,650
Nov 199586116.00$1,376
Oct 1995152115.43$2,345
Sep 1995135116.18$2,184
Aug 19950015.92$0
Jul 199541115.24$625
Jun 1995132116.41$2,166
May 199544117.56$773
Apr 1995105117.73$1,862
Mar 199549116.44$806
Feb 19950016.58$0
Jan 1995161015.92$2,563
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 199451115.29$780
Aug 199485116.13$1,371
Jul 199444117.56$773
Jun 199473117.09$1,248
May 199494115.88$1,493
Apr 19940014.14$0
Mar 199477112.46$959
Feb 199450112.50$625
Jan 199484112.66$1,063
Dec 199362112.33$764
Nov 199379114.49$1,145
Oct 199353115.85$840
Sep 199387115.03$1,308
Aug 199382115.66$1,284
Jul 199357115.46$881
Jun 199377116.79$1,293
May 199357117.68$1,008
Apr 199392118.05$1,661
Mar 199357118.14$1,034
Feb 199361117.90$1,092
Jan 1993120116.93$2,032

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.

Nov 2023 — as filed, then multipliedworked
Oil                   80 bbl  × $ 77.89 =     $6,231
Casinghead gas         0 Mcf  × $  2.81 =         $0

────────────────────────────────────────────────────
Month total                                   $6,231

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. 01/O/11390 is the state's own key, not one this site invented.