-L- RANCH CO. -B-

Operated by MCGOWAN WORKING PARTNERS, INC. (P-5 549836) in the LOLITA (MARGINULINA ZONE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 875District 02Field 54457378OilCasinghead gasSaveExport
Value, all time
$13.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$305 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 24 leases and 99 wells, and the rule below applies to all of them.

Discovered
1955-07-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1986-07-18.

The Commission's schedule remark for this field reads: TRANSFERRED FROM LOLITA FIELD 7-1-55

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
OilDisposition274,646 bbl$13,177,821
Casinghead gasProduction145,092 Mcf$649,036
Total$13,826,857

26 Mcf of this lease's gas, across 26 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 (8)

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 28.8336, -96.5107. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

28.83396, -96.51065 · 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
12.5%
1 of 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
5,937 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
112.5%
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.
787.5%

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

Total depth in feet, 3 of 8 wells. Median 5,937 ft, with the middle half between 5,624 and 6,178 ft; the shallowest is 5,310 ft and the deepest 6,419 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 2 of 8 wells, Feb 1983 – Apr 1986. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 1983 – Apr 1986
2 of 8 wells; 6 filed none

8 wells

42-2390226413Yes
42-23902142146,419 ft
42-239022327
42-2390226211
42-2390226312
42-2390226615
42-2390225965,937 ftApr 1986
42-23902267165,310 ftFeb 1983

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 2026030106.413.05$91
Apr 202650821098.932.87$50,859
Mar 202632921789.753.15$30,211
Feb 202633419663.503.75$21,944
Jan 202633017559.138.00$20,913
Dec 202550521756.664.41$29,571
Nov 202533521058.593.93$20,452
Oct 202533121059.383.30$20,349
Sep 202549821062.743.08$31,891
Aug 202533421763.933.01$22,007
Jul 202549921766.743.32$34,023
Jun 202532521066.483.13$22,263
May 202550021760.553.23$30,976
Apr 202533221062.363.54$21,448
Mar 20253406367.704.27$23,287
Feb 20251666370.884.34$12,040
Jan 20251716374.324.28$12,978
Dec 202449921768.993.12$35,103
Nov 202433318969.052.20$23,409
Oct 202449421071.372.28$35,736
Sep 202449221069.612.36$34,745
Aug 202416117575.632.06$12,538
Jul 202431416179.932.15$25,444
Jun 202450621078.082.63$40,062
May 202432720378.812.20$26,217
Apr 20241656384.451.66$14,039
Mar 202433721780.301.55$27,396
Feb 202450320376.091.78$38,635
Jan 202432815473.023.30$24,458
Dec 202316414771.262.61$12,070
Nov 20231619177.892.81$12,796
Oct 202334021785.443.09$29,720
Sep 202349321089.042.74$44,471
Aug 202333321780.522.67$27,393
Jul 202349621774.852.64$37,699
Jun 202333221068.962.26$23,369
May 202333921770.622.23$24,424
Apr 202349121078.122.24$38,827
Mar 202349521772.852.39$36,580
Feb 202333719675.112.47$25,795
Jan 202351319676.533.39$39,924
Dec 202216314076.415.73$13,257
Nov 202216612685.005.65$14,821
Oct 202216512687.185.86$15,124
Sep 202233721084.888.16$30,319
Aug 202249721794.529.13$48,957
Jul 2022497217101.587.54$52,122
Jun 202216898115.097.98$20,117
May 2022498217109.378.43$56,296
Apr 2022512210104.226.84$54,797
Mar 2022353161108.885.08$39,252
Feb 202209191.054.86$442
Jan 202249621781.844.54$41,577
Dec 202132621771.323.90$24,096
Nov 202150621077.435.24$40,279
Oct 202133521779.795.71$27,970
Sep 202133121069.865.35$24,247
Aug 202133021766.024.22$22,702
Jul 202149121770.783.98$35,617
Jun 202149421069.493.38$35,038
May 202133121763.483.02$21,667
Apr 202133918260.362.76$20,964
Mar 202116221761.302.72$10,520
Feb 202116123457.805.55$10,604
Jan 202131937750.412.81$17,140
Dec 202033840344.642.68$16,167
Nov 202031939038.772.71$13,423
Oct 202032840336.972.48$13,125
Sep 202032239037.091.99$12,719
Aug 202049840339.982.39$20,871
Jul 202033540338.371.83$13,589
Jun 202051539034.901.69$18,633
May 202033640316.921.81$6,416
Apr 202033239014.751.80$5,601
Mar 202067540330.341.86$21,228
Feb 202016437749.881.98$8,927
Jan 202067040357.252.09$39,202
Dec 201916640359.012.30$10,724
Nov 201933437755.302.75$19,507
Oct 201933840353.472.42$19,048
Sep 201949339055.052.66$28,176
Aug 201950037753.112.30$27,424
Jul 201916640356.272.46$10,332
Jun 201933445052.782.49$18,750
May 201966946558.482.74$40,397
Apr 201916845062.632.75$11,760
Mar 201932646556.803.06$19,941
Feb 201968440550.852.79$35,912
Jan 201916646546.033.23$9,142
Dec 201833246546.594.19$17,414
Nov 201833043552.934.24$19,310
Oct 201850146561.443.40$32,362
Sep 201849742059.543.11$30,897
Aug 201850543459.403.07$31,328
Jul 201832943465.142.93$22,704
Jun 201865942060.183.08$40,951
May 201850342065.382.90$34,104
Apr 201816842063.842.90$11,943
Mar 201849843461.222.79$31,697
Feb 201833239261.782.77$21,595
Jan 201867043462.874.01$43,863
Dec 201717343457.272.92$11,176
Nov 201750742055.423.12$29,408
Oct 201750143449.292.98$25,989
Sep 201749742047.523.09$24,914
Aug 201750535045.373.00$23,963
Jul 201750743443.873.09$23,582
Jun 201751342042.493.09$23,094
May 201765543445.373.26$31,134
Apr 201748142047.933.21$24,403
Mar 201748743446.772.98$24,072
Feb 201765039250.452.95$33,950
Jan 201733839249.413.42$18,041
Dec 201648743448.763.72$25,362
Nov 201663642042.492.64$28,134
Oct 201648343446.193.09$23,651
Sep 201665842041.553.10$28,642
Aug 201648439241.442.92$21,203
Jul 201631343441.622.92$14,296
Jun 201648839045.352.69$23,178
May 201633240342.521.99$14,919
Apr 201666537736.561.99$25,063
Mar 201633040333.011.79$11,616
Feb 201633136426.472.06$9,513
Jan 201649440327.352.36$14,464
Dec 201565740332.362.00$22,067
Nov 201566739038.792.17$26,718
Oct 201566936443.552.43$30,018
Sep 201533439042.992.76$15,434
Aug 201532240340.162.87$14,089
Jul 201565040348.152.95$32,484
Jun 201532539056.152.88$19,373
May 201565939055.212.96$37,536
Apr 201564339049.822.71$33,090
Mar 201548852742.892.93$22,477
Feb 201548244244.662.98$22,842
Jan 201564552743.433.10$29,646
Dec 201448152754.693.59$28,199
Nov 201478151070.464.25$57,198
Oct 201447852778.303.90$39,483
Sep 201447651086.164.05$43,075
Aug 201464652789.394.04$59,872
Jul 201480952796.564.18$80,320
Jun 201494651098.164.74$95,275
May 201447147694.734.73$46,868
Apr 201448851095.944.81$49,271
Mar 201447752795.895.06$48,404
Feb 201464047697.406.19$65,283
Jan 201480452790.404.86$75,243
Dec 201348252791.824.35$46,552
Nov 201348651088.853.74$45,088
Oct 201349452797.423.78$50,117
Sep 2013643510104.113.72$68,839
Aug 2013801418104.253.52$84,977
Jul 2013628403102.523.72$65,881
Jun 201379839294.403.93$76,873
May 201396765194.834.15$94,402
Apr 201315751093.964.28$16,936
Mar 201348531093.623.91$46,619
Feb 201348347091.233.42$45,671
Jan 201381352091.603.42$76,249
Dec 201248537286.773.42$43,356
Nov 201264075086.953.62$58,367
Oct 201247770089.383.40$45,014
Sep 201280775094.672.92$78,587
Aug 201263577492.662.91$61,090
Jul 201279376185.133.02$69,807
Jun 201295375679.822.52$77,973
May 201263275691.612.49$59,779
Apr 2012795756101.652.00$82,321
Mar 2012663360105.052.22$70,448
Feb 2012648333101.102.57$66,369
Jan 201264847798.092.73$64,866
Dec 201146647796.873.24$46,687
Nov 201182337495.723.31$80,016
Oct 201196861984.983.65$84,519
Sep 201198158683.623.99$84,367
Aug 20119621,19583.404.15$85,189
Jul 20111,15560494.144.52$111,460
Jun 201197854092.904.64$93,362
May 201197550298.134.40$97,888
Apr 2011323236105.964.33$35,248
Mar 201178393096.364.06$79,223
Feb 201109085.644.18$376
Jan 201148455886.504.59$44,427
Dec 201047878685.734.35$44,396
Nov 201096178980.843.80$80,682
Oct 201079946578.103.51$64,034
Sep 20101,15432772.633.98$85,116
Aug 201081632773.684.42$61,568
Jul 201094995172.554.74$73,354
Jun 201079785570.364.91$60,275
May 201066546571.124.24$49,264
Apr 201080845481.694.12$67,877
Mar 201096547778.394.39$77,740
Feb 201048441773.585.44$37,882
Jan 201081047674.365.96$63,071
Dec 200948535371.445.48$36,584
Nov 200965546774.593.75$50,608
Oct 200996441672.544.11$71,638
Sep 200999045365.543.06$66,273
Aug 200982251467.423.22$57,074
Jul 200996854861.133.46$61,072
Jun 20091,14450266.163.90$77,642
May 200999652954.743.93$56,598
Apr 200997027246.773.59$46,343
Mar 20091,12851042.144.06$49,604
Feb 20098031,31132.814.63$32,420
Jan 20099151,26935.865.37$39,628
Dec 20089621,58637.105.98$45,170
Nov 20087861,93455.496.86$56,883
Oct 20081,6351,28775.246.92$131,926
Sep 2008325513101.767.88$37,113
Aug 20081,101609114.228.48$130,922
Jul 2008665572131.0811.39$93,683
Jun 2008975681131.3313.03$136,922
May 2008666432123.1711.57$87,031
Apr 2008813653110.3110.45$96,509
Mar 20081,128702101.909.66$121,727
Feb 200881568392.538.77$81,402
Jan 200881741890.388.21$77,270
Dec 2007013788.337.30$1,000
Nov 200748524891.677.29$46,268
Oct 20071,28456382.856.92$110,276
Sep 200748847275.846.24$39,957
Aug 200798110369.066.39$68,406
Jul 200716434170.906.39$13,806
Jun 200782037662.007.55$53,678
May 200797738658.747.85$60,418
Apr 200798340559.617.81$61,758
Mar 200798040956.927.30$58,768
Feb 200782420355.108.22$47,070
Jan 200749218350.306.73$25,979
Dec 200698529856.656.92$57,862
Nov 200698434554.207.62$55,961
Oct 20061,00446554.906.01$57,916
Sep 20061,13350260.085.04$70,599
Aug 200697745368.717.34$70,455
Jul 200696743669.376.34$69,846
Jun 200698040166.286.38$67,514
May 20061,12744266.016.42$77,233
Apr 200699640664.397.36$67,121
Mar 200696843856.707.08$57,988
Feb 20061,02527657.597.75$61,169
Jan 200699830860.598.93$63,220
Dec 200599231654.9413.42$58,740
Nov 200586130254.6910.59$50,286
Oct 200598932258.3413.80$62,140
Sep 200582730661.4512.08$54,515
Aug 20051,00733661.519.80$65,232
Jul 200578930255.697.84$46,308
Jun 20051,00632552.337.38$55,043
May 200598329745.226.65$46,427
Apr 20051,00028949.207.36$51,327
Mar 20051,00030650.377.15$52,559
Feb 200582427245.226.31$38,978
Jan 20051,01629143.166.32$45,690
Dec 200483726039.866.75$35,118
Nov 200484127645.286.33$39,828
Oct 20041,01629149.706.52$52,391
Sep 200485126843.245.28$38,213
Aug 200481125042.375.55$35,750
Jul 200483422138.286.08$33,270
Jun 200498920536.106.43$37,022
May 200499014637.486.49$38,053
Apr 200466112534.475.86$23,517
Mar 200481110534.365.53$28,447
Feb 20048229332.455.51$27,186
Jan 20049448232.036.30$30,753
Dec 200399710830.266.30$30,850
Nov 200385612028.804.60$25,204
Oct 200383313928.174.76$24,127
Sep 200399676426.314.75$29,833
Aug 20031,00375629.765.13$33,727
Jul 200381574129.415.17$27,801
Jun 200397776428.565.98$32,474
May 20031,01178026.595.97$31,541
Apr 20031,00576326.675.41$30,929
Mar 20031,00378231.146.10$36,001
Feb 200398876533.487.93$39,142
Jan 200350677230.315.58$19,646
Dec 200266276526.914.85$21,528
Nov 200282878224.664.14$23,654
Oct 200283276726.464.23$25,258
Sep 200283477827.443.64$25,713
Aug 200286879325.963.16$25,042
Jul 20021,00180924.583.06$27,082
Jun 200285682123.733.34$23,054
May 200299283624.663.58$27,459
Apr 20021,08084823.653.51$28,520
Mar 200287486322.003.10$21,906
Feb 200286687518.222.38$17,857
Jan 20021,06589517.172.38$20,412
Dec 200188388416.932.36$17,039
Nov 200187189618.072.41$17,894
Oct 20011,03688119.782.53$22,720
Sep 20011,27387324.262.25$32,848
Aug 20011,05085124.873.05$28,712
Jul 20011,25086423.933.20$32,675
Jun 20011,03987124.563.82$28,849
May 20011,00589625.524.31$29,507
Apr 20011,02789424.685.34$30,116
Mar 200168689824.545.38$21,662
Feb 200134090927.755.77$14,677
Jan 20019911,00927.478.40$35,697
Dec 200070084826.889.12$26,552
Nov 200088771832.215.66$32,633
Oct 200084058731.235.15$29,254
Sep 20001,19771131.875.19$41,836
Aug 20001,2301,31229.644.54$42,415
Jul 20008671,59228.534.09$31,246
Jun 20005021,70329.304.40$22,197
May 20003301,50127.263.68$14,519
Apr 20006361,43124.513.12$20,047
Mar 20001,023028.422.86$29,074
Feb 20001,371027.622.73$37,867
Jan 2000619025.272.48$15,642
Dec 1999696024.282.42$16,899
Nov 1999657023.192.43$15,236
Oct 1999358020.982.80$7,511
Sep 1999267021.752.62$5,807
Aug 1999233019.262.88$4,488
Jul 1999323017.892.37$5,778
Jun 1999334015.942.36$5,324
May 1999349015.792.32$5,511
Apr 1999162015.102.21$2,446
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999329010.381.90$3,415
Dec 199832309.201.77$2,972
Nov 1998323010.892.19$3,517
Oct 1998640012.421.97$7,949
Sep 1998172012.592.08$2,165
Aug 1998420011.301.91$4,746
Jul 1998686011.742.24$8,054
Jun 1998667011.242.24$7,497
May 19981,317012.622.21$16,621
Apr 1998509013.042.51$6,637
Mar 1998772012.802.31$9,882
Feb 1998883013.952.30$12,318
Jan 19981,368014.702.15$20,110
Dec 19971,014016.322.41$16,548
Nov 1997818018.193.09$14,879
Oct 19971,093019.253.15$21,040
Sep 1997844017.742.95$14,973
Aug 19971,185017.862.55$21,164
Jul 1997518017.582.25$9,106
Jun 19971,044017.242.26$17,999
May 1997687018.972.31$13,032
Apr 1997847017.882.08$15,144
Mar 1997993018.951.94$18,817
Feb 1997857020.492.21$17,560
Jan 1997686023.483.54$16,107
Dec 19961,063023.32$24,789
Nov 1996862021.97$18,938
Oct 19961,218023.31$28,392
Sep 1996883022.22$19,620
Aug 19961,005020.26$20,361
Jul 19961,017019.55$19,882
Jun 19961,033018.73$19,348
May 1996995019.43$19,333
Apr 1996624021.51$13,422
Mar 1996171019.38$3,314
Feb 1996837016.98$14,212
Jan 1996974017.07$16,626
Dec 1995868017.19$14,921
Nov 19951,186016.00$18,976
Oct 19951,209015.43$18,655
Sep 19951,145016.18$18,526
Aug 19951,033015.92$16,445
Jul 1995983015.24$14,981
Jun 19951,117016.41$18,330
May 1995992017.56$17,420
Apr 1995818017.73$14,503
Mar 19951,027016.44$16,884
Feb 1995853116.58$14,143
Jan 19951,029115.92$16,382
Dec 1994994115.03$14,940
Nov 1994845115.90$13,436
Oct 1994849115.58$13,227
Sep 19941,329115.29$20,320
Aug 1994818116.13$13,194
Jul 1994798117.56$14,013
Jun 1994807117.09$13,792
May 19941,106115.88$17,563
Apr 1994867114.14$12,259
Mar 19941,317112.46$16,410
Feb 1994986112.50$12,325
Jan 19941,445112.66$18,294
Dec 1993649112.33$8,002
Nov 19931,322114.49$19,156
Oct 19931,151115.85$18,243
Sep 1993968115.03$14,549
Aug 19931,140115.66$17,852
Jul 1993970115.46$14,996
Jun 19931,098116.79$18,435
May 19931,128117.68$19,943
Apr 19931,132118.05$20,433
Mar 19931,292118.14$23,437
Feb 19931,285117.90$23,002
Jan 1993965116.93$16,337

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                    0 bbl  × $106.41 =         $0
Casinghead gas        30 Mcf  × $  3.05 =        $91

────────────────────────────────────────────────────
Month total                                      $91

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/875 is the state's own key, not one this site invented.