ORTS, H.P. -B-

Operated by LACY 03, LLC (P-5 480883) in the MAG (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5026District 01Field 56653200Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$10.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$299 k
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 62 leases and 73 wells, and the rule below applies to all of them.

Discovered
1976-03-14
as the register files it
Field class
Oil
the register's own label
Between wells
1,867 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres.

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: 80 ACRE OPTION W/4000' MAX DIAG.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition177,080 bbl$10,309,760
Casinghead gasProduction58,041 Mcf$199,419
Total$10,509,180

4,199 Mcf of this lease's gas, across 33 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 (5)

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 29.4512, -97.4681. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles.

29.45081, -97.46757 · 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
20.0%
1 of 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
7,846 ft
5 wells filed one
Completion to plug
32.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
120.0%
A plug date is filed
120.0%
BothOn the schedule and plugged. Neither fact cancels the other.
120.0%
NeitherNo plug date, and not on the schedule.
480.0%

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 7,785 and 7,875 ft, median 7,846 ft, over the 5 wells that filed a depth.

Completions filed
Oct 1981 – Aug 2013
5 of 5 wells
Plug dates filed
Oct 2020
1 of 5 wells; 4 filed none

Last completion to plug: a median of 32.6 years across the 1 well that filed both dates, with the middle half between 32.6 years and 32.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-1773169457,828 ftAug 2013
42-1773043047,785 ftApr 1988
42-1773019137,875 ftMar 1988Oct 2020Yes
42-1773020327,846 ftOct 1987
42-1773018017,857 ftOct 1981

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 2026422236106.413.05$45,624
Apr 202655322998.932.87$55,365
Mar 20260089.753.15$0
Feb 2026100063.503.75$6,350
Jan 202623022159.138.00$15,367
Dec 202532221956.664.41$19,211
Nov 202541725758.593.93$25,441
Oct 202541129259.383.30$25,370
Sep 202541435862.743.08$27,076
Aug 202543430363.933.01$28,659
Jul 202541929266.743.32$28,932
Jun 202531928466.483.13$22,096
May 202543027160.553.23$26,912
Apr 202543023362.363.54$27,640
Mar 202558923167.704.27$40,861
Feb 202540322270.884.34$29,528
Jan 202531821774.324.28$24,562
Dec 202432323368.993.12$23,011
Nov 202437825869.052.20$26,668
Oct 202444629571.372.28$32,504
Sep 202448331069.612.36$34,355
Aug 202440932175.632.06$31,595
Jul 202456737879.932.15$46,132
Jun 202456330978.082.63$44,773
May 202447734178.812.20$38,342
Apr 202457532184.451.66$49,091
Mar 202456030380.301.55$45,436
Feb 202455626476.091.78$42,777
Jan 202457630873.023.30$43,075
Dec 202357829471.262.61$41,956
Nov 202356630077.892.81$44,928
Oct 202356731985.443.09$49,429
Sep 202357033189.042.74$51,658
Aug 202356439180.522.67$46,458
Jul 202357038974.852.64$43,692
Jun 202365642968.962.26$46,207
May 202369744970.622.23$50,222
Apr 202349440978.122.24$39,507
Mar 202357744672.852.39$43,102
Feb 202357340975.112.47$44,046
Jan 202374138776.533.39$58,020
Dec 202292757576.415.73$74,126
Nov 202258560785.005.65$53,152
Oct 202225320787.185.86$23,270
Sep 202274655284.888.16$67,827
Aug 202273458894.529.13$74,744
Jul 2022776580101.587.54$83,200
Jun 2022739450115.097.98$88,641
May 2022736470109.378.43$84,460
Apr 2022733556104.226.84$80,195
Mar 2022742600108.885.08$83,835
Feb 202273048591.054.86$68,823
Jan 202273247781.844.54$62,071
Dec 202174568071.323.90$55,785
Nov 202189884777.435.24$73,968
Oct 202182669679.795.71$69,883
Sep 202190079369.865.35$67,117
Aug 202190579966.024.22$63,120
Jul 202157034870.783.98$41,730
Jun 202157347269.493.38$41,413
May 202195993763.483.02$63,705
Apr 20211,2151,12160.362.76$76,430
Mar 20211,07689761.302.72$68,396
Feb 202157333857.805.55$34,995
Jan 202157254850.412.81$30,375
Dec 20201,45584944.642.68$67,223
Nov 20201,37862838.772.71$55,125
Oct 20201,40669136.972.48$53,692
Sep 20201,08234737.091.99$40,822
Aug 20201,07172739.982.39$44,553
Jul 202057038.371.83$2,187
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202081014.751.80$1,195
Mar 202081030.341.86$2,458
Feb 202071049.881.98$3,541
Jan 202070057.252.09$4,008
Dec 201987844159.012.30$52,827
Nov 20192823355.302.75$15,685
Oct 20191,52455353.472.42$82,826
Sep 20191,05951355.052.66$59,661
Aug 201983053.112.30$4,408
Jul 20191,04736556.272.46$59,813
Jun 20191,85626552.782.49$98,620
May 20191,04726558.482.74$61,955
Apr 201987062.632.75$5,449
Mar 2019168056.803.06$9,542
Feb 201987050.852.79$4,424
Jan 201978046.033.23$3,590
Dec 201881046.594.19$3,774
Nov 2018150052.934.24$7,940
Oct 201883061.443.40$5,100
Sep 201868059.543.11$4,049
Aug 2018133059.403.07$7,900
Jul 201874065.142.93$4,820
Jun 20182722460.183.08$16,443
May 20187191,02265.382.90$49,973
Apr 2018150063.842.90$9,576
Mar 201855061.222.79$3,367
Feb 201878061.782.77$4,819
Jan 2018158062.874.01$9,933
Dec 201798057.272.92$5,612
Nov 201790055.423.12$4,988
Oct 2017237049.292.98$11,682
Sep 201779047.523.09$3,754
Aug 20171,4611,21345.373.00$69,930
Jul 20172,3612,06343.873.09$109,946
Jun 20173,9082,11442.493.09$172,577
May 20173,3241,36645.373.26$155,268
Apr 201783047.933.21$3,978
Mar 201789772646.772.98$44,119
Feb 2017106050.452.95$5,348
Jan 2017168049.413.42$8,301
Dec 2016219048.763.72$10,678
Nov 201684042.492.64$3,569
Oct 2016101046.193.09$4,665
Sep 2016108041.553.10$4,487
Aug 201675041.442.92$3,108
Jul 20163,9301,72241.622.92$168,602
Jun 20165,1771,87545.352.69$239,813
May 20162,48886942.521.99$107,520
Apr 2016200036.561.99$7,312
Mar 2016138033.011.79$4,555
Feb 201666026.472.06$1,747
Jan 2016119027.352.36$3,255
Dec 20150032.362.00$0
Nov 2015117038.792.17$4,538
Oct 2015218043.552.43$9,494
Sep 2015148042.992.76$6,363
Aug 20153,8351,08640.162.87$157,133
Jul 201566720348.152.95$32,714
Jun 201582056.152.88$4,604
May 201539055.212.96$2,153
Apr 201573049.822.71$3,637
Mar 2015120042.892.93$5,147
Feb 2015143044.662.98$6,386
Jan 2015110043.433.10$4,777
Dec 2014108054.693.59$5,907
Nov 2014126070.464.25$8,878
Oct 20142,33870478.303.90$185,812
Sep 20141,85750986.164.05$162,058
Aug 20142,26566789.394.04$205,160
Jul 20141,74357696.564.18$170,712
Jun 20142,35471098.164.74$234,432
May 20142,37454994.734.73$227,484
Apr 20142,61074095.944.81$253,962
Mar 20144,57596795.895.06$443,587
Feb 20144,1231,05397.406.19$408,100
Jan 20142,72772590.404.86$250,045
Dec 2013296091.824.35$27,179
Nov 2013112088.853.74$9,951
Oct 2013113097.423.78$11,008
Sep 20131360104.113.72$14,159
Aug 20132500104.253.52$26,063
Jul 20131780102.523.72$18,249
Jun 2013291094.403.93$27,470
May 2013474094.834.15$44,949
Apr 2013176093.964.28$16,537
Mar 2013487093.623.91$45,593
Feb 2013134091.233.42$12,225
Jan 2013117091.603.42$10,717
Dec 2012115086.773.42$9,979
Nov 2012140086.953.62$12,173
Oct 2012296089.383.40$26,456
Sep 2012279094.672.92$26,413
Aug 2012232092.662.91$21,497
Jul 2012160085.133.02$13,621
Jun 2012332079.822.52$26,500
May 2012247091.612.49$22,628
Apr 20123000101.652.00$30,495
Mar 20123170105.052.22$33,301
Feb 20121840101.102.57$18,602
Jan 2012228098.092.73$22,365
Dec 2011197096.873.24$19,083
Nov 2011383095.723.31$36,661
Oct 201178084.983.65$6,628
Sep 2011264083.623.99$22,076
Aug 2011291083.404.15$24,269
Jul 2011280094.144.52$26,359
Jun 2011139092.904.64$12,913
May 2011302098.134.40$29,635
Apr 20111590105.964.33$16,848
Mar 2011294096.364.06$28,330
Feb 201124085.644.18$2,055
Jan 2011273086.504.59$23,615
Dec 2010270085.734.35$23,147
Nov 2010253080.843.80$20,453
Oct 2010300078.103.51$23,430
Sep 2010256072.633.98$18,593
Aug 2010246073.684.42$18,125
Jul 2010153072.554.74$11,100
Jun 2010324070.364.91$22,797
May 2010106071.124.24$7,539
Apr 2010274081.694.12$22,383
Mar 2010342078.394.39$26,809
Feb 2010170073.585.44$12,509
Jan 2010191074.365.96$14,203
Dec 2009495071.445.48$35,363
Nov 2009417074.593.75$31,104
Oct 2009342072.544.11$24,809
Sep 2009249065.543.06$16,319
Aug 2009221067.423.22$14,900
Jul 2009257061.133.46$15,710
Jun 2009366066.163.90$24,215
May 2009251054.743.93$13,740
Apr 2009244046.773.59$11,412
Mar 2009357042.144.06$15,044
Feb 2009245032.814.63$8,038
Jan 2009229035.865.37$8,212
Dec 2008265037.105.98$9,832
Nov 2008230055.496.86$12,763
Oct 2008287075.246.92$21,594
Sep 20081770101.767.88$18,012
Aug 20082600114.228.48$29,697
Jul 20082700131.0811.39$35,392
Jun 2008440131.3313.03$5,779
May 20082070123.1711.57$25,496
Apr 20082400110.3110.45$26,474
Mar 20082850101.909.66$29,042
Feb 2008309092.538.77$28,592
Jan 2008382090.388.21$34,525
Dec 2007377088.337.30$33,300
Nov 2007162091.677.29$14,851
Oct 2007253082.856.92$20,961
Sep 2007225075.846.24$17,064
Aug 2007186069.066.39$12,845
Jul 2007190070.906.39$13,471
Jun 2007196062.007.55$12,152
May 2007187058.747.85$10,984
Apr 2007130059.617.81$7,749
Mar 2007211056.927.30$12,010
Feb 2007214055.108.22$11,791
Jan 2007261050.306.73$13,128
Dec 2006236056.656.92$13,369
Nov 2006417054.207.62$22,601
Oct 2006428054.906.01$23,497
Sep 2006302060.085.04$18,144
Aug 2006336068.717.34$23,087
Jul 2006311069.376.34$21,574
Jun 2006249066.286.38$16,504
May 2006110066.016.42$7,261
Apr 200696064.397.36$6,181
Mar 2006357056.707.08$20,242
Feb 2006156057.597.75$8,984
Jan 2006105060.598.93$6,362
Dec 200578054.9413.42$4,285
Nov 2005125054.6910.59$6,836
Oct 2005214058.3413.80$12,485
Sep 200548061.4512.08$2,950
Aug 200579061.519.80$4,859
Jul 2005203055.697.84$11,305
Jun 200571052.337.38$3,715
May 2005157045.226.65$7,100
Apr 2005129049.207.36$6,347
Mar 2005192050.377.15$9,671
Feb 2005172045.226.31$7,778
Jan 2005140043.166.32$6,042
Dec 2004180039.866.75$7,175
Nov 2004257045.286.33$11,637
Oct 200484049.706.52$4,175
Sep 2004160043.245.28$6,918
Aug 2004504042.375.55$21,354
Jul 2004202038.286.08$7,733
Jun 2004143036.106.43$5,162
May 2004205037.486.49$7,683
Apr 2004124034.475.86$4,274
Mar 2004171034.365.53$5,876
Feb 2004142032.455.51$4,608
Jan 2004121032.036.30$3,876
Dec 2003113030.266.30$3,419
Nov 2003107028.804.60$3,082
Oct 200376028.174.76$2,141
Sep 2003130026.314.75$3,420
Aug 200380029.765.13$2,381
Jul 200397029.415.17$2,853
Jun 200332028.565.98$914
May 200372026.595.97$1,914
Apr 2003137026.675.41$3,654
Mar 2003100031.146.10$3,114
Feb 200399033.487.93$3,315
Jan 2003165030.315.58$5,001
Dec 200276026.914.85$2,045
Nov 200264024.664.14$1,578
Oct 200242026.464.23$1,111
Sep 2002117027.443.64$3,210
Aug 200280025.963.16$2,077
Jul 200273024.583.06$1,794
Jun 2002100023.733.34$2,373
May 2002117024.663.58$2,885
Apr 2002153023.653.51$3,618
Mar 2002100022.003.10$2,200
Feb 200280018.222.38$1,458
Jan 200249017.172.38$841
Dec 2001130016.932.36$2,201
Nov 200187018.072.41$1,572
Oct 200198019.782.53$1,938
Sep 200178024.262.25$1,892
Aug 200140024.873.05$995
Jul 2001110023.933.20$2,632
Jun 200183024.563.82$2,038
May 2001129025.524.31$3,292
Apr 200192024.685.34$2,271
Mar 2001121024.545.38$2,969
Feb 200162027.755.77$1,721
Jan 2001101027.478.40$2,774
Dec 2000102026.889.12$2,742
Nov 200095032.215.66$3,060
Oct 200085031.235.15$2,655
Sep 200089031.875.19$2,836
Aug 200069029.644.54$2,045
Jul 2000105028.534.09$2,996
Jun 2000102029.304.40$2,989
May 200064027.263.68$1,745
Apr 2000102024.513.12$2,500
Mar 200096028.422.86$2,728
Feb 2000217027.622.73$5,994
Jan 2000217025.272.48$5,484
Dec 1999254024.282.42$6,167
Nov 1999264023.192.43$6,122
Oct 1999235020.982.80$4,930
Sep 1999198021.752.62$4,307
Aug 1999428019.262.88$8,243
Jul 1999242017.892.37$4,329
Jun 1999214015.942.36$3,411
May 1999258015.792.32$4,074
Apr 1999249015.102.21$3,760
Mar 1999243012.471.84$3,030
Feb 199930009.981.82$2,994
Jan 1999160010.381.90$1,661
Dec 199815009.201.77$1,380
Nov 1998257010.892.19$2,799
Oct 199867012.421.97$832
Sep 1998170012.592.08$2,140
Aug 199852011.301.91$588
Jul 199889011.742.24$1,045
Jun 199875011.242.24$843
May 1998317012.622.21$4,001
Apr 1998386013.042.51$5,033
Mar 1998352012.802.31$4,506
Feb 1998312013.952.30$4,352
Jan 1998312014.702.15$4,586
Dec 1997333016.322.41$5,435
Nov 1997511018.193.09$9,295
Oct 1997605019.253.15$11,646
Sep 1997614017.742.95$10,892
Aug 1997630017.862.55$11,252
Jul 1997480017.582.25$8,438
Jun 1997356017.242.26$6,137
May 1997359018.972.31$6,810
Apr 1997517017.882.08$9,244
Mar 1997353018.951.94$6,689
Feb 1997358020.492.21$7,335
Jan 1997435023.483.54$10,214
Dec 1996474023.32$11,054
Nov 1996345021.97$7,580
Oct 1996496023.31$11,562
Sep 1996351022.22$7,799
Aug 1996410020.26$8,307
Jul 1996374019.55$7,312
Jun 1996499018.73$9,346
May 1996412019.43$8,005
Apr 1996384021.51$8,260
Mar 1996509019.38$9,864
Feb 1996419016.98$7,115
Jan 1996447017.07$7,630
Dec 1995478017.19$8,217
Nov 1995364016.00$5,824
Oct 1995426015.43$6,573
Sep 1995514616.18$8,317
Aug 1995411215.92$6,543
Jul 199533212615.24$5,060
Jun 19953655516.41$5,990
May 19954176017.56$7,323
Apr 199538319917.73$6,791
Mar 199549640716.44$8,154
Feb 199566824216.58$11,075
Jan 199541011515.92$6,527
Dec 19946061515.03$9,108
Nov 19943971015.90$6,312
Oct 19945663815.58$8,818
Sep 199452523015.29$8,027
Aug 199459527116.13$9,597
Jul 199444313217.56$7,779
Jun 199449316217.09$8,425
May 199446213715.88$7,337
Apr 199465617114.14$9,276
Mar 199464814012.46$8,074
Feb 199449711712.50$6,213
Jan 199442414112.66$5,368
Dec 199341711212.33$5,142
Nov 199348414314.49$7,013
Oct 199359917915.85$9,494
Sep 199371615915.03$10,761
Aug 19931394715.66$2,177
Jul 19932479115.46$3,819
Jun 199320011316.79$3,358
May 199320110617.68$3,554
Apr 199319617118.05$3,538
Mar 199349714318.14$9,016
Feb 199324011817.90$4,296
Jan 19934324116.93$7,314

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                  422 bbl  × $106.41 =    $44,905
Casinghead gas       236 Mcf  × $  3.05 =       $719

────────────────────────────────────────────────────
Month total                                  $45,624

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/5026 is the state's own key, not one this site invented.