GULF LAND CO. NO. 2 UNIT

Operated by WRD OPERATING LLC (P-5 100758) in the DYERSDALE, N. (CM-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10534District 03Field 26878232OilCasinghead gasSave
Value, all time
$4.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$335 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition100,693 bbl$3,558,956
Casinghead gasProduction181,175 Mcf$506,634
Total$4,065,590

62,467 Mcf of this lease's gas, across 47 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 (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 29.9171, -95.2871. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

29.91712, -95.28709 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
9,626 ft
2 wells filed one
Completion to plug
19.3 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 9,550 and 9,701 ft, median 9,626 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1979 – Jul 1979
2 of 2 wells
Plug dates filed
Nov 1998
1 of 2 wells; 1 filed none

Last completion to plug: a median of 19.3 years across the 1 well that filed both dates, with the middle half between 19.3 years and 19.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-201302711 U9,701 ftJul 1979Nov 1998Yes
42-2013060729,550 ftApr 1979

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 202640457989.753.15$38,083
Feb 20267121,31763.503.75$50,151
Jan 202638990659.138.00$30,248
Dec 20254581,32056.664.41$31,776
Nov 20256731,25758.593.93$44,367
Oct 20255461,21159.383.30$36,424
Sep 202547861462.743.08$31,879
Aug 202531010963.933.01$20,147
Jul 2025383066.743.32$25,561
Jun 2025390066.483.13$25,927
May 2025230060.553.23$13,927
Apr 20253494262.363.54$21,912
Mar 20256133167.704.27$41,632
Feb 2025360070.884.34$25,517
Jan 2025480074.324.28$35,674
Dec 2024473068.993.12$32,632
Nov 2024346069.052.20$23,891
Oct 2024348071.372.28$24,837
Sep 2024463069.612.36$32,229
Aug 2024449075.632.06$33,958
Jul 2024355079.932.15$28,375
Jun 2024471078.082.63$36,776
May 2024117078.812.20$9,221
Apr 2024300084.451.66$25,335
Mar 2024325080.301.55$26,098
Feb 2024320076.091.78$24,349
Jan 2024432073.023.30$31,545
Dec 2023446071.262.61$31,782
Nov 2023319077.892.81$24,847
Oct 2023357085.443.09$30,502
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023534074.852.64$39,970
Jun 2023378068.962.26$26,067
May 2023710070.622.23$50,140
Apr 2023528078.122.24$41,247
Mar 2023173072.852.39$12,603
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022551085.005.65$46,835
Oct 2022172087.185.86$14,995
Sep 2022342084.888.16$29,029
Aug 20220094.529.13$0
Jul 20221730101.587.54$17,573
Jun 20221930115.097.98$22,212
May 20221790109.378.43$19,577
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 202182069.493.38$5,698
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 2020262038.772.71$10,158
Oct 2020171036.972.48$6,322
Sep 202084037.091.99$3,116
Aug 2020162039.982.39$6,477
Jul 202085038.371.83$3,261
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 201978055.302.75$4,313
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 201989058.482.74$5,205
Apr 201994062.632.75$5,887
Mar 201997056.803.06$5,510
Feb 20190050.852.79$0
Jan 201999046.033.23$4,557
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018118061.443.40$7,250
Sep 2018118059.543.11$7,026
Aug 2018219059.403.07$13,009
Jul 2018123065.142.93$8,012
Jun 2018239060.183.08$14,383
May 2018117065.382.90$7,649
Apr 2018229063.842.90$14,619
Mar 2018223061.222.79$13,652
Feb 2018211061.782.77$13,036
Jan 20180062.874.01$0
Dec 2017230057.272.92$13,172
Nov 2017226055.423.12$12,525
Oct 2017109049.292.98$5,373
Sep 2017226047.523.09$10,740
Aug 2017119045.373.00$5,399
Jul 2017122043.873.09$5,352
Jun 2017224042.493.09$9,518
May 2017247045.373.26$11,206
Apr 2017111047.933.21$5,320
Mar 2017242046.772.98$11,318
Feb 2017224050.452.95$11,301
Jan 2017238049.413.42$11,760
Dec 2016351048.763.72$17,115
Nov 201692042.492.64$3,909
Oct 2016182046.193.09$8,407
Sep 2016171041.553.10$7,105
Aug 2016174041.442.92$7,211
Jul 201689041.622.92$3,704
Jun 2016169045.352.69$7,664
May 2016177042.521.99$7,526
Apr 2016170036.561.99$6,215
Mar 2016172033.011.79$5,678
Feb 2016180026.472.06$4,765
Jan 2016171027.352.36$4,677
Dec 201567032.362.00$2,168
Nov 2015172038.792.17$6,672
Oct 2015114043.552.43$4,965
Sep 2015138042.992.76$5,933
Aug 2015133040.162.87$5,341
Jul 2015109048.152.95$5,248
Jun 2015352056.152.88$19,765
May 2015355055.212.96$19,600
Apr 2015338049.822.71$16,839
Mar 2015354042.892.93$15,183
Feb 2015169044.662.98$7,548
Jan 2015174043.433.10$7,557
Dec 2014188054.693.59$10,282
Nov 201496070.464.25$6,764
Oct 20140078.303.90$0
Sep 201488086.164.05$7,582
Aug 20140089.394.04$0
Jul 2014179096.564.18$17,284
Jun 2014271098.164.74$26,601
May 2014280094.734.73$26,524
Apr 201492095.944.81$8,826
Mar 2014170095.895.06$16,301
Feb 201489097.406.19$8,669
Jan 2014257090.404.86$23,233
Dec 201382091.824.35$7,529
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
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 2012710101.102.57$7,178
Jan 201276098.092.73$7,455
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 20110098.134.40$0
Apr 201100105.964.33$0
Mar 2011179096.364.06$17,248
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010167072.633.98$12,129
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 2010181073.585.44$13,318
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 200934336361.133.46$22,225
Jun 200916346566.163.90$12,595
May 2009037254.743.93$1,460
Apr 200917937846.773.59$9,728
Mar 200918451442.144.06$9,840
Feb 200918545932.814.63$8,196
Jan 200918247135.865.37$9,056
Dec 200817948037.105.98$9,510
Nov 200817945055.496.86$13,020
Oct 2008029975.246.92$2,070
Sep 20080141101.767.88$1,111
Aug 2008175283114.228.48$22,389
Jul 20080339131.0811.39$3,861
Jun 2008173263131.3313.03$26,148
May 20080508123.1711.57$5,880
Apr 20080465110.3110.45$4,862
Mar 2008183413101.909.66$22,639
Feb 2008050192.538.77$4,394
Jan 200818241790.388.21$19,871
Dec 2007054288.337.30$3,958
Nov 200717728991.677.29$18,333
Oct 200718154382.856.92$18,754
Sep 2007024875.846.24$1,549
Aug 200717454469.066.39$15,491
Jul 200717848070.906.39$15,686
Jun 2007045762.007.55$3,450
May 200718616158.747.85$12,189
Apr 20070059.617.81$0
Mar 2007034856.927.30$2,541
Feb 200718348255.108.22$14,043
Jan 200719053850.306.73$13,176
Dec 200619254456.656.92$14,640
Nov 200616749654.207.62$12,830
Oct 2006031154.906.01$1,870
Sep 20060060.085.04$0
Aug 200601168.717.34$81
Jul 200616436669.376.34$13,698
Jun 200618346866.286.38$15,117
May 2006036066.016.42$2,313
Apr 200619029664.397.36$14,413
Mar 200618045356.707.08$13,415
Feb 2006037557.597.75$2,907
Jan 200617153760.598.93$15,158
Dec 200517951254.9413.42$16,703
Nov 200517949454.6910.59$15,020
Oct 200518354858.3413.80$18,236
Sep 200517739961.4512.08$15,696
Aug 200517554961.519.80$16,143
Jul 200501,02655.697.84$8,048
Jun 20051701,01052.337.38$16,351
May 20051761,14445.226.65$15,568
Apr 2005028449.207.36$2,090
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 2005186043.166.32$8,028
Dec 2004176039.866.75$7,015
Nov 200435155245.286.33$19,388
Oct 200418467049.706.52$13,510
Sep 200434663543.245.28$18,316
Aug 200418167542.375.55$11,416
Jul 200417868738.286.08$10,994
Jun 200435756136.106.43$16,497
May 200418342537.486.49$9,619
Apr 200418276834.475.86$10,773
Mar 200433277034.365.53$15,666
Feb 2004068832.455.51$3,791
Jan 200416362332.036.30$9,146
Dec 200318457930.266.30$9,216
Nov 200318659828.804.60$8,105
Oct 2003059228.174.76$2,818
Sep 200317659526.314.75$7,456
Aug 200318059629.765.13$8,414
Jul 200318066929.415.17$8,753
Jun 200317969128.565.98$9,246
May 200317667826.595.97$8,729
Apr 200318362926.675.41$8,282
Mar 200317869131.146.10$9,755
Feb 200336563833.487.93$17,277
Jan 200318173930.315.58$9,611
Dec 200218177126.914.85$8,613
Nov 200236369124.664.14$11,810
Oct 200218268726.464.23$7,721
Sep 200235072627.443.64$12,243
Aug 200235278525.963.16$11,622
Jul 200218274424.583.06$6,752
Jun 200235875123.733.34$11,002
May 200235580224.663.58$11,629
Apr 200236073123.653.51$11,082
Mar 200234880922.003.10$10,166
Feb 200217742718.222.38$4,239
Jan 200235866917.172.38$7,736
Dec 200136468316.932.36$7,777
Nov 200136363018.072.41$8,075
Oct 200154466019.782.53$12,429
Sep 200137364824.262.25$10,508
Aug 2001067824.873.05$2,070
Jul 200156365123.933.20$15,554
Jun 200137440524.563.82$10,734
May 200154571025.524.31$16,967
Apr 200153562924.685.34$16,560
Mar 200155251024.545.38$16,288
Feb 200118646127.755.77$7,820
Jan 200136946727.478.40$14,059
Dec 200018083726.889.12$12,474
Nov 200018969232.215.66$10,003
Oct 200037463531.235.15$14,947
Sep 20004721,01131.875.19$20,286
Aug 20003651,16229.644.54$16,095
Jul 20003691,19028.534.09$15,394
Jun 20003691,13629.304.40$15,807
May 20003711,18027.263.68$14,456
Apr 20003821,15424.513.12$12,959
Mar 20003701,18628.422.86$13,907
Feb 20005561,12427.622.73$18,421
Jan 20005491,15225.272.48$16,731
Dec 19993741,20124.282.42$11,992
Nov 19993741,15323.192.43$11,479
Oct 19995541,19420.982.80$14,971
Sep 19995651,11621.752.62$15,211
Aug 19993721,19419.262.88$10,598
Jul 199973952417.892.37$14,464
Jun 1999015615.942.36$368
May 19990015.792.32$0
Apr 199901015.102.21$22
Mar 19997641,67212.471.84$12,601
Feb 19995511,3869.981.82$8,018
Jan 19995641,72110.381.90$9,124
Dec 19985591,4679.201.77$7,744
Nov 19985661,34910.892.19$9,112
Oct 19987211,71012.421.97$12,322
Sep 19984511,35612.592.08$8,502
Aug 19985521,42511.301.91$8,956
Jul 19987511,45211.742.24$12,065
Jun 19987201,56411.242.24$11,592
May 19985501,47412.622.21$10,193
Apr 19985691,18813.042.51$10,396
Mar 19985511,36812.802.31$10,212
Feb 19985471,53913.952.30$11,169
Jan 19985431,50814.702.15$11,232
Dec 19977151,52916.322.41$15,355
Nov 19975431,74618.193.09$15,269
Oct 19977121,73019.253.15$19,155
Sep 199754892017.742.95$12,440
Aug 199755295717.862.55$12,304
Jul 199754783517.582.25$11,492
Jun 19977271,68417.242.26$16,335
May 19975521,45218.972.31$13,823
Apr 19976931,62517.882.08$15,775
Mar 19975511,60718.951.94$13,558
Feb 19975541,55120.492.21$14,773
Jan 19975711,63023.483.54$19,177
Dec 19967361,80623.32$17,164
Nov 19965421,60921.97$11,908
Oct 19967262,45923.31$16,923
Sep 19965531,61922.22$12,288
Aug 19965451,78020.26$11,042
Jul 19966951,81819.55$13,587
Jun 19965361,87118.73$10,039
May 19967071,59419.43$13,737
Apr 19965571,28821.51$11,981
Mar 19967271,03819.38$14,089
Feb 19966351,04116.98$10,782
Jan 199636191617.07$6,162
Dec 199544785817.19$7,684
Nov 19955491,57016.00$8,784
Oct 19957171,45015.43$11,063
Sep 19955201,19116.18$8,414
Aug 19957121,46115.92$11,335
Jul 19955811,67315.24$8,854
Jun 19957351,58316.41$12,061
May 19956591,99517.56$11,572
Apr 19957482,69517.73$13,262
Mar 19957622,81016.44$12,527
Feb 19956452,49616.58$10,694
Jan 19955482,28515.92$8,724
Dec 19941,0492,67515.03$15,766
Nov 19943741,81715.90$5,947
Oct 19947272,31315.58$11,327
Sep 19947062,02915.29$10,795
Aug 19947321,90816.13$11,807
Jul 199455794917.56$9,781
Jun 199458087317.09$9,912
May 199483897815.88$13,307
Apr 199472187914.14$10,195
Mar 199418953512.46$2,355
Feb 19940012.50$0
Jan 199436220012.66$4,583
Dec 199355151612.33$6,794
Nov 199347649714.49$6,897
Oct 199375351915.85$11,935
Sep 199372651015.03$10,912
Aug 199354053115.66$8,456
Jul 199355054415.46$8,503
Jun 199354152416.79$9,083
May 199355365517.68$9,777
Apr 199355460218.05$10,000
Mar 199373554118.14$13,333
Feb 199356545217.90$10,114
Jan 199375451416.93$12,765

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.

Mar 2026 — as filed, then multipliedworked
Oil                  404 bbl  × $ 89.75 =    $36,259
Casinghead gas       579 Mcf  × $  3.15 =     $1,824

────────────────────────────────────────────────────
Month total                                  $38,083

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. 03/O/10534 is the state's own key, not one this site invented.