M. L. & I. CO.

Operated by KD ENERGY, LLC (P-5 452996) in the GANADO, DEEP (HANNA ROSS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3357District 02Field 33890111OilCasinghead gasSaveExport
Value, all time
$2.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$22 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 9 leases and 18 wells, and the rule below applies to all of them.

Discovered
1963-08-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: SEPARATED FROM GANADO /DEEP/ 8-1-63

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
OilDisposition47,612 bbl$2,270,182
Casinghead gasProduction174,554 Mcf$661,486
Total$2,931,668

49,411 Mcf of this lease's gas, across 39 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 28.9959, -96.4516. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

28.99564, -96.45314 · centre of 3 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
75.0%
3 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
6,675 ft
2 wells filed one
Completion to plug
6.1 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
375.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
NeitherNo plug date, and not on the schedule.
125.0%

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 6,500 and 6,850 ft, median 6,675 ft, over the 2 wells that filed a depth.

Completions filed
Dec 1963 – Feb 2003
4 of 4 wells
Plug dates filed
Apr 2002 – Mar 2014
2 of 4 wells; 2 filed none

Last completion to plug: a median of 6.1 years across the 2 wells that filed both dates, with the middle half between 3.5 years and 8.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-2393026125 F6,500 ftFeb 2003Mar 2014Yes
42-2393025024 H6,850 ftApr 2001Apr 2002Yes
42-2390349317 JJul 1974
42-2390083714 FDec 1963Yes

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 2025173059.383.30$10,273
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025170066.483.13$11,302
May 20250060.553.23$0
Apr 2025172062.363.54$10,726
Mar 202512067.704.27$812
Feb 2025176070.884.34$12,475
Jan 20250074.324.28$0
Dec 2024167068.993.12$11,521
Nov 20240069.052.20$0
Oct 202441071.372.28$2,926
Sep 202475069.612.36$5,221
Aug 202475075.632.06$5,672
Jul 202437079.932.15$2,957
Jun 202476078.082.63$5,934
May 202436078.812.20$2,837
Apr 202471084.451.66$5,996
Mar 202477080.301.55$6,183
Feb 202441076.091.78$3,120
Jan 202464073.023.30$4,673
Dec 202335071.262.61$2,494
Nov 202370077.892.81$5,452
Oct 202376085.443.09$6,493
Sep 2023129089.042.74$11,486
Aug 2023114080.522.67$9,179
Jul 2023113074.852.64$8,458
Jun 2023109068.962.26$7,517
May 202358070.622.23$4,096
Apr 202367078.122.24$5,234
Mar 2023126072.852.39$9,179
Feb 202366075.112.47$4,957
Jan 2023233076.533.39$17,831
Dec 2022217076.415.73$16,581
Nov 2022108085.005.65$9,180
Oct 2022144087.185.86$12,554
Sep 2022525084.888.16$44,562
Aug 20220094.529.13$0
Jul 20221630101.587.54$16,558
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
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 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201945052.782.49$2,375
May 201948058.482.74$2,807
Apr 201951062.632.75$3,194
Mar 2019161056.803.06$9,145
Feb 20198050.852.79$407
Jan 2019129046.033.23$5,938
Dec 201861046.594.19$2,842
Nov 2018125052.934.24$6,616
Oct 2018184061.443.40$11,305
Sep 201817059.543.11$1,012
Aug 201816415759.403.07$10,223
Jul 201817518165.142.93$11,930
Jun 201822118160.183.08$13,857
May 201832027965.382.90$21,731
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 201784046.772.98$3,929
Feb 201710050.452.95$505
Jan 201761049.413.42$3,014
Dec 2016164048.763.72$7,997
Nov 20166042.492.64$255
Oct 201676046.193.09$3,510
Sep 2016114041.553.10$4,737
Aug 2016122041.442.92$5,056
Jul 201691041.622.92$3,787
Jun 2016105045.352.69$4,762
May 2016174042.521.99$7,398
Apr 201612036.561.99$439
Mar 2016174033.011.79$5,744
Feb 2016226126.472.06$592
Jan 2016176027.352.36$4,814
Dec 20150032.362.00$0
Nov 2015172038.792.17$6,672
Oct 2015173043.552.43$7,534
Sep 2015164042.992.76$7,050
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201581055.212.96$4,472
Apr 201584049.822.71$4,185
Mar 2015165042.892.93$7,077
Feb 201583044.662.98$3,707
Jan 201517242343.433.10$8,782
Dec 20148126654.693.59$5,385
Nov 20148646470.464.25$8,032
Oct 201416347678.303.90$14,620
Sep 201414844486.164.05$14,548
Aug 201416532189.394.04$16,045
Jul 201484096.564.18$8,111
Jun 201417037098.164.74$18,440
May 2014163094.734.73$15,441
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 201452097.406.19$5,065
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013158088.853.74$14,038
Oct 201316038197.423.78$17,027
Sep 20131600104.113.72$16,658
Aug 20131630104.253.52$16,993
Jul 20133260102.523.72$33,422
Jun 2013476094.403.93$44,934
May 2013190094.834.15$18,018
Apr 2013328093.964.28$30,819
Mar 20130093.623.91$0
Feb 2013158091.233.42$14,414
Jan 20130091.603.42$0
Dec 2012342086.773.42$29,675
Nov 20120086.953.62$0
Oct 201290089.383.40$8,044
Sep 201260094.672.92$5,680
Aug 2012345092.662.91$31,968
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20121650101.652.00$16,772
Mar 20121570105.052.22$16,493
Feb 20121650101.102.57$16,682
Jan 2012266098.092.73$26,092
Dec 2011174096.873.24$16,855
Nov 2011168095.723.31$16,081
Oct 2011339084.983.65$28,808
Sep 2011014383.623.99$570
Aug 2011038083.404.15$1,577
Jul 20111691,11494.144.52$20,942
Jun 2011021292.904.64$984
May 201117334698.134.40$18,501
Apr 2011169337105.964.33$19,368
Mar 201132935096.364.06$33,123
Feb 2011025985.644.18$1,083
Jan 201117631686.504.59$16,674
Dec 201017032785.734.35$15,996
Nov 201018029880.843.80$15,682
Oct 20108731778.103.51$7,907
Sep 20106428372.633.98$5,775
Aug 20108428373.684.42$7,440
Jul 201002572.554.74$118
Jun 201019726270.364.91$15,147
May 20108826571.124.24$7,381
Apr 20108628481.694.12$8,196
Mar 20109820778.394.39$8,591
Feb 20109027873.585.44$8,135
Jan 20109630174.365.96$8,934
Dec 2009011271.445.48$614
Nov 2009864274.593.75$6,572
Oct 200918430072.544.11$14,580
Sep 200918190565.543.06$14,636
Aug 20091091,02367.423.22$10,641
Jul 20091641,02161.133.46$13,563
Jun 20096896766.163.90$8,265
May 20097457754.743.93$6,316
Apr 200915282346.773.59$10,062
Mar 20097091342.144.06$6,656
Feb 200911265932.814.63$6,728
Jan 200912550435.865.37$7,189
Dec 200813074537.105.98$9,276
Nov 20086063455.496.86$7,679
Oct 200811669475.246.92$13,532
Sep 2008113775101.767.88$17,604
Aug 2008171606114.228.48$24,672
Jul 200837517131.0811.39$10,738
Jun 2008107770131.3313.03$24,087
May 200878845123.1711.57$19,388
Apr 200896816110.3110.45$19,121
Mar 20081091,048101.909.66$21,235
Feb 20081141,18692.538.77$20,950
Jan 20084422990.388.21$5,856
Dec 200715560388.337.30$18,094
Nov 200715052391.677.29$17,564
Oct 200721095082.856.92$23,974
Sep 200720854775.846.24$19,190
Aug 200720079169.066.39$18,865
Jul 200713683570.906.39$14,976
Jun 200713862262.007.55$13,251
May 200710360958.747.85$10,829
Apr 200720160059.617.81$16,665
Mar 200716183456.927.30$15,254
Feb 200715566555.108.22$14,004
Jan 200719046150.306.73$12,658
Dec 200623073356.656.92$18,101
Nov 200620138854.207.62$13,850
Oct 200619897154.906.01$16,710
Sep 200615573860.085.04$13,030
Aug 200617353568.717.34$15,814
Jul 200614283369.376.34$15,134
Jun 200615181766.286.38$15,224
May 200614886266.016.42$15,308
Apr 20061951,22264.397.36$21,551
Mar 200615138856.707.08$11,310
Feb 200614362357.597.75$13,064
Jan 20061891,33660.598.93$23,386
Dec 200514093554.9413.42$20,235
Nov 200513261854.6910.59$13,763
Oct 200515361458.3413.80$17,397
Sep 200510296761.4512.08$17,948
Aug 200516591761.519.80$19,133
Jul 20051581,07055.697.84$17,192
Jun 200515069552.337.38$12,979
May 200515479045.226.65$12,218
Apr 20051491,06949.207.36$15,199
Mar 200514568550.377.15$12,205
Feb 20051491,15945.226.31$14,053
Jan 200514689543.166.32$11,960
Dec 200417986839.866.75$12,995
Nov 20041761,16645.286.33$15,351
Oct 20041751,11249.706.52$15,942
Sep 20041941,33243.245.28$15,427
Aug 20041511,12342.375.55$12,631
Jul 20042001,46938.286.08$16,594
Jun 20049870836.106.43$8,092
May 200425289637.486.49$15,264
Apr 2004981,10734.475.86$9,863
Mar 20042511,89534.365.53$19,104
Feb 20049958332.455.51$6,425
Jan 20041721,63032.036.30$15,778
Dec 20031681,92130.266.30$17,189
Nov 20031321,33328.804.60$9,927
Oct 20032061,34028.174.76$12,181
Sep 20031271,50726.314.75$10,499
Aug 20031911,80429.765.13$14,938
Jul 20031301,96729.415.17$13,994
Jun 20032391,74228.565.98$17,248
May 200330082426.595.97$12,898
Apr 20033611,06126.675.41$15,365
Mar 200340981231.146.10$17,686
Feb 200346538033.487.93$18,580
Jan 200339471230.315.58$15,917
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 200234018.222.38$619
Jan 2002208517.172.38$545
Dec 20019116316.932.36$1,926
Nov 200114345318.072.41$3,674
Oct 200114998919.782.53$5,448
Sep 20012182,32424.262.25$10,521
Aug 200114430024.873.05$4,497
Jul 200118751523.933.20$6,121
Jun 200113828424.563.82$4,475
May 200110733625.524.31$4,178
Apr 200120640924.685.34$7,266
Mar 200115323424.545.38$5,013
Feb 200115845027.755.77$6,980
Jan 20012041,02927.478.40$14,246
Dec 200013736226.889.12$6,985
Nov 200022552132.215.66$10,195
Oct 200012838831.235.15$5,994
Sep 20001941,35331.875.19$13,200
Aug 20002141,23829.644.54$11,964
Jul 200020055428.534.09$7,972
Jun 200019244629.304.40$7,587
May 200020040827.263.68$6,953
Apr 200022441324.513.12$6,777
Mar 200024348028.422.86$8,279
Feb 200021353927.622.73$7,353
Jan 200015354525.272.48$5,218
Dec 199921055824.282.42$6,451
Nov 199920654523.192.43$6,104
Oct 199920758420.982.80$5,980
Sep 199924271621.752.62$7,139
Aug 199920488619.262.88$6,477
Jul 199920781817.892.37$5,644
Jun 199920691515.942.36$5,445
May 199928897115.792.32$6,801
Apr 199925899415.102.21$6,091
Mar 199921493112.471.84$4,380
Feb 19992876809.981.82$4,100
Jan 199921180910.381.90$3,727
Dec 19982587899.201.77$3,773
Nov 199821474810.892.19$3,965
Oct 199825374512.421.97$4,609
Sep 19982101,00412.592.08$4,735
Aug 199820666811.301.91$3,602
Jul 199827376411.742.24$4,914
Jun 19981891,02511.242.24$4,418
May 199823074712.622.21$4,551
Apr 199812466013.042.51$3,270
Mar 199812460712.802.31$2,989
Feb 199815666813.952.30$3,712
Jan 199814261714.702.15$3,417
Dec 199712758916.322.41$3,493
Nov 19971621,54918.193.09$7,730
Oct 199716578819.253.15$5,658
Sep 199712147117.742.95$3,538
Aug 199716841817.862.55$4,068
Jul 199727576917.582.25$6,562
Jun 199714010417.242.26$2,648
May 19972584218.972.31$4,991
Apr 19971502817.882.08$2,740
Mar 19972921,18518.951.94$7,831
Feb 199717158820.492.21$4,801
Jan 19979865123.483.54$4,605
Dec 19969372723.32$2,169
Nov 199613667821.97$2,988
Oct 199617645623.31$4,103
Sep 199621134522.22$4,688
Aug 199615348020.26$3,100
Jul 199620963219.55$4,086
Jun 199618958818.73$3,540
May 199618156719.43$3,517
Apr 199612760221.51$2,732
Mar 199614070319.38$2,713
Feb 199613856716.98$2,343
Jan 199616357117.07$2,782
Dec 199511539017.19$1,977
Nov 199515028516.00$2,400
Oct 199521887715.43$3,364
Sep 199521857016.18$3,527
Aug 199518539315.92$2,945
Jul 199519760615.24$3,002
Jun 199524665216.41$4,037
May 199521493817.56$3,758
Apr 199517860317.73$3,156
Mar 199524050616.44$3,946
Feb 199522441016.58$3,714
Jan 199518659615.92$2,961
Dec 19942532,01915.03$3,803
Nov 19942551,82615.90$4,055
Oct 19942111,12915.58$3,287
Sep 1994224915.29$336
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19937012.33$86
Nov 19938770914.49$1,261
Oct 199312440115.85$1,965
Sep 19939454215.03$1,413
Aug 19931541,98115.66$2,412
Jul 19931383,22015.46$2,133
Jun 19931915,67516.79$3,207
May 19931475,18817.68$2,599
Apr 19932504,07518.05$4,513
Mar 19932364,47818.14$4,281
Feb 1993983,72817.90$1,754
Jan 199329664916.93$5,011

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.

Oct 2025 — as filed, then multipliedworked
Oil                  173 bbl  × $ 59.38 =    $10,273
Casinghead gas         0 Mcf  × $  3.30 =         $0

────────────────────────────────────────────────────
Month total                                  $10,273

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. 02/O/3357 is the state's own key, not one this site invented.