FARMERS OIL CO.

Operated by PARTEN OPERATING INC. (P-5 642718) in the FORT TRINIDAD, W.(DEXTER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11948District 03Field 32191200OilCasinghead gasSaveExport
Value, all time
$16.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$486 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 2 leases and 4 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
Oil
the register's own label
Between wells
1,867 ft
minimum
From a lease line
660 ft
minimum

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

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
OilDisposition312,936 bbl$16,017,487
Casinghead gasProduction166,424 Mcf$717,292
Total$16,734,779

5,551 Mcf of this lease's gas, across 48 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.

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 2026746506106.413.05$80,923
Apr 202655630198.932.87$55,869
Mar 202638523789.753.15$35,300
Feb 202657324063.503.75$37,286
Jan 202655115159.138.00$33,788
Dec 202553631256.664.41$31,747
Nov 202555630958.593.93$33,789
Oct 202548866459.383.30$31,172
Sep 202574169462.743.08$48,626
Aug 202537741063.933.01$25,338
Jul 202568841566.743.32$47,293
Jun 202537024366.483.13$25,358
May 202560032260.553.23$37,371
Apr 202575631762.363.54$48,267
Mar 202557238467.704.27$40,363
Feb 202555937070.884.34$41,228
Jan 202536940574.324.28$29,157
Dec 202453826568.993.12$37,944
Nov 202456034869.052.20$39,433
Oct 202490817671.372.28$65,205
Sep 202435856369.612.36$26,252
Aug 202455368075.632.06$43,227
Jul 202456759879.932.15$46,604
Jun 202435361678.082.63$29,185
May 202417216678.812.20$13,920
Apr 202473760684.451.66$63,245
Mar 202454168680.301.55$44,502
Feb 202453166476.091.78$41,588
Jan 202453358373.023.30$40,842
Dec 202354338471.262.61$39,697
Nov 202335639577.892.81$28,838
Oct 202373049285.443.09$63,890
Sep 202354285289.042.74$50,590
Aug 202353865880.522.67$45,079
Jul 202353061174.852.64$41,285
Jun 202369838768.962.26$49,008
May 202372152570.622.23$52,086
Apr 202353844678.122.24$43,027
Mar 202372448672.852.39$53,906
Feb 202353533475.112.47$41,007
Jan 202388233576.533.39$68,634
Dec 202252734776.415.73$42,256
Nov 202273037785.005.65$64,179
Oct 202255033287.185.86$49,896
Sep 202266828084.888.16$58,986
Aug 202271930394.529.13$70,725
Jul 2022706187101.587.54$73,126
Jun 2022526339115.097.98$63,242
May 2022728337109.378.43$82,463
Apr 2022720443104.226.84$78,067
Mar 2022553453108.885.08$62,510
Feb 202271838291.054.86$67,230
Jan 202253428581.844.54$44,996
Dec 202171938071.323.90$52,761
Nov 202162628877.435.24$49,979
Oct 202153930579.795.71$44,750
Sep 202170729369.865.35$50,959
Aug 202153439366.024.22$36,913
Jul 202172936370.783.98$53,044
Jun 202102169.493.38$71
May 202135313563.483.02$22,816
Apr 202135719160.362.76$22,075
Mar 202135815861.302.72$22,375
Feb 20213577357.805.55$21,040
Jan 202135924950.412.81$18,797
Dec 202053712244.642.68$24,298
Nov 202035925338.772.71$14,603
Oct 202054523436.972.48$20,729
Sep 202053613537.091.99$20,149
Aug 202052723739.982.39$21,635
Jul 202052723438.371.83$20,648
Jun 20201797034.901.69$6,365
May 20200016.921.81$0
Apr 202018927814.751.80$3,289
Mar 202034829030.341.86$11,097
Feb 202053723449.881.98$27,249
Jan 202035921257.252.09$20,997
Dec 201948227359.012.30$29,072
Nov 201971641355.302.75$40,731
Oct 201949926853.472.42$27,330
Sep 201964938855.052.66$36,758
Aug 201948749153.112.30$26,996
Jul 201964027156.272.46$36,679
Jun 201934127952.782.49$18,693
May 201917154758.482.74$11,499
Apr 201971838862.632.75$46,036
Mar 201971457256.803.06$42,307
Feb 201967138250.852.79$35,187
Jan 201934123946.033.23$16,468
Dec 201867934346.594.19$33,070
Nov 201853235252.934.24$29,650
Oct 201867643461.443.40$43,008
Sep 201849744359.543.11$30,968
Aug 201867249859.403.07$41,444
Jul 201867044665.142.93$44,951
Jun 201865448160.183.08$40,838
May 201864023465.382.90$42,522
Apr 201865519663.842.90$42,384
Mar 201850425961.222.79$31,577
Feb 201864632761.782.77$40,814
Jan 201850917562.874.01$32,702
Dec 201763832357.272.92$37,482
Nov 201766629655.423.12$37,833
Oct 201766340849.292.98$33,897
Sep 201748945047.523.09$24,627
Aug 201766750645.373.00$31,782
Jul 201766150043.873.09$30,542
Jun 201767140642.493.09$29,764
May 201766637645.373.26$31,443
Apr 201766131247.933.21$32,684
Mar 201750331946.772.98$24,477
Feb 201750835250.452.95$26,668
Jan 201766752149.413.42$34,738
Dec 201650751548.763.72$26,639
Nov 201653049942.492.64$23,839
Oct 201672249246.193.09$34,870
Sep 201691465341.553.10$40,001
Aug 201691471641.442.92$39,970
Jul 20161,24875641.622.92$54,153
Jun 201618437745.352.69$9,357
May 201688863642.521.99$39,024
Apr 201691987536.561.99$35,341
Mar 201653549233.011.79$18,543
Feb 20161,07356926.472.06$29,577
Jan 201636930227.352.36$10,806
Dec 201536211532.362.00$11,944
Nov 201592173538.792.17$37,319
Oct 20151,10782443.552.43$50,209
Sep 20155401,08442.992.76$26,205
Aug 201590277440.162.87$38,448
Jul 20151,29983748.152.95$65,012
Jun 201537528456.152.88$21,875
May 201536968455.212.96$22,394
Apr 20151,13360849.822.71$58,092
Mar 201575232942.892.93$33,219
Feb 201594765844.662.98$44,251
Jan 201595169843.433.10$43,466
Dec 201456756154.693.59$33,024
Nov 201494263170.464.25$69,056
Oct 201492744478.303.90$74,316
Sep 201456946786.164.05$50,914
Aug 201475249289.394.04$69,207
Jul 201494258696.564.18$93,409
Jun 201456642798.164.74$57,581
May 201495660594.734.73$93,421
Apr 201456668195.944.81$57,577
Mar 201476068295.895.06$76,325
Feb 201477454097.406.19$78,731
Jan 201495370590.404.86$89,578
Dec 201357065091.824.35$55,168
Nov 201394971288.853.74$86,980
Oct 201392865597.423.78$92,881
Sep 20137522,252104.113.72$86,663
Aug 2013753803104.253.52$81,329
Jul 2013749645102.523.72$79,185
Jun 201395161494.403.93$92,190
May 201375263394.834.15$73,939
Apr 201394861593.964.28$91,708
Mar 201394967393.623.91$91,479
Feb 201376358491.233.42$71,606
Jan 201376265691.603.42$72,043
Dec 201290458286.773.42$80,431
Nov 201273662686.953.62$66,264
Oct 201294975989.383.40$87,402
Sep 20121,11469994.672.92$107,502
Aug 201289282592.662.91$85,052
Jul 201273682685.133.02$65,151
Jun 201293978679.822.52$76,931
May 20121,12683991.612.49$105,241
Apr 2012934678101.652.00$96,295
Mar 2012748735105.052.22$80,211
Feb 2012939675101.102.57$96,668
Jan 201292370698.092.73$92,467
Dec 201191868496.873.24$91,143
Nov 201187771695.723.31$86,317
Oct 201188680784.983.65$78,237
Sep 20111,05882583.623.99$91,758
Aug 201167999583.404.15$60,757
Jul 20111,01588194.144.52$99,532
Jun 201167476992.904.64$66,183
May 20111,01583598.134.40$103,280
Apr 2011844838105.964.33$93,062
Mar 20111,06068296.364.06$104,909
Feb 201167767785.644.18$60,808
Jan 201184868386.504.59$76,486
Dec 201083972685.734.35$75,084
Nov 20101,01670780.843.80$84,817
Oct 201083696278.103.51$68,667
Sep 20101,01395972.633.98$77,391
Aug 20101,17277773.684.42$89,787
Jul 201083781572.554.74$64,585
Jun 201083868770.364.91$62,335
May 201084377871.124.24$63,249
Apr 20101,01871881.694.12$86,121
Mar 201084270678.394.39$69,103
Feb 201084170273.585.44$65,701
Jan 20101,00474774.365.96$79,113
Dec 20091,01483371.445.48$77,008
Nov 200983788574.593.75$65,752
Oct 200984098172.544.11$64,966
Sep 20091,17686565.543.06$79,726
Aug 20091,00889867.423.22$70,850
Jul 20091,01487961.133.46$65,031
Jun 200984082966.163.90$58,803
May 20091,01189354.743.93$58,848
Apr 200984171846.773.59$41,909
Mar 20091,00993742.144.06$46,323
Feb 20091,04377032.814.63$37,788
Jan 20091,05885135.865.37$42,511
Dec 20081,03878437.105.98$43,196
Nov 200869757855.496.86$42,642
Oct 20081,05662275.246.92$83,759
Sep 2008881657101.767.88$94,826
Aug 2008880802114.228.48$107,317
Jul 20081,240669131.0811.39$170,159
Jun 2008874559131.3313.03$122,068
May 2008862662123.1711.57$113,835
Apr 2008881572110.3110.45$103,163
Mar 20081,054611101.909.66$113,307
Feb 200886759192.538.77$85,407
Jan 200870459590.388.21$68,510
Dec 200770056188.337.30$65,927
Nov 20071,04048191.677.29$98,844
Oct 200788950482.856.92$77,142
Sep 200769745375.846.24$55,689
Aug 200786946369.066.39$62,971
Jul 200752428370.906.39$38,959
Jun 200769850662.007.55$47,096
May 200734144658.747.85$23,530
Apr 20071,22354759.617.81$77,172
Mar 200786858156.927.30$53,649
Feb 200751439855.108.22$31,591
Jan 20071,03352450.306.73$55,485
Dec 200652143356.656.92$32,510
Nov 200684846254.207.62$49,481
Oct 20061,04461354.906.01$61,002
Sep 20061,03863460.085.04$65,557
Aug 200687465468.717.34$64,853
Jul 20061,03638169.376.34$74,284
Jun 20061,02551566.286.38$71,225
May 20061,03573266.016.42$73,023
Apr 20061,04366564.397.36$72,053
Mar 20061,03571456.707.08$63,742
Feb 20061,03864657.597.75$64,786
Jan 200686654360.598.93$57,322
Dec 200584858754.9413.42$54,464
Nov 20051,21166854.6910.59$73,303
Oct 20051,03170458.3413.80$69,861
Sep 200569739661.4512.08$47,614
Aug 20051,01558861.519.80$68,193
Jul 20051,19369255.697.84$71,866
Jun 200586638052.337.38$48,123
May 20051,20270845.226.65$59,063
Apr 200585560349.207.36$46,504
Mar 20051,19262150.377.15$64,484
Feb 200585857845.226.31$42,447
Jan 20051,02262843.166.32$48,080
Dec 20041,19455239.866.75$51,319
Nov 200467761345.286.33$34,535
Oct 20041,16770449.706.52$62,587
Sep 20041,02153243.245.28$46,959
Aug 200483243842.375.55$37,683
Jul 200468443938.286.08$28,854
Jun 20041,02135236.106.43$39,123
May 20041,02638437.486.49$40,948
Apr 20041,20434734.475.86$43,535
Mar 200468318534.365.53$24,491
Feb 20041,02429832.455.51$34,871
Jan 20041,19940032.036.30$40,924
Dec 20031,36843330.266.30$44,124
Nov 200385754828.804.60$27,200
Oct 20031,02550128.174.76$31,259
Sep 20031,18649426.314.75$33,550
Aug 20031,00251329.765.13$32,451
Jul 20031,19750829.415.17$37,831
Jun 20031,03550828.565.98$32,599
May 20031,02754726.595.97$30,575
Apr 20030026.675.41$0
Mar 20031,02929131.146.10$33,817
Feb 200388042833.487.93$32,855
Jan 20031,36660630.315.58$44,786
Dec 200286658426.914.85$26,139
Nov 20021,20961524.664.14$32,358
Oct 20021,03560226.464.23$29,932
Sep 20021,02171027.443.64$30,597
Aug 20021,20847025.963.16$32,847
Jul 20021,20171124.583.06$31,697
Jun 200286250823.733.34$22,151
May 20021,20862324.663.58$32,022
Apr 20021,38260323.653.51$34,802
Mar 200285938822.003.10$20,102
Feb 20021,02213718.222.38$18,946
Jan 200284927317.172.38$15,226
Dec 20011,35934516.932.36$23,824
Nov 20011,20929618.072.41$22,559
Oct 200187112219.782.53$17,537
Sep 20011,20011024.262.25$29,360
Aug 200167710524.873.05$17,158
Jul 20011,01511523.933.20$24,657
Jun 20011,0279524.563.82$25,586
May 200167910925.524.31$17,798
Apr 20011,51512024.685.34$38,030
Mar 20013464724.545.38$8,744
Feb 20011,07611227.755.77$30,505
Jan 200189512127.478.40$25,602
Dec 20001,08012226.889.12$30,143
Nov 20005186532.215.66$17,053
Oct 20001,41711631.235.15$44,850
Sep 20003615731.875.19$11,801
Aug 20007106029.644.54$21,317
Jul 200088512428.534.09$25,756
Jun 200088912029.304.40$26,575
May 20001,08012427.263.68$29,897
Apr 20001,05912024.513.12$26,330
Mar 200087212428.422.86$25,137
Feb 20001,06411627.622.73$29,704
Jan 20001,24411225.272.48$31,714
Dec 199990012424.282.42$22,153
Nov 199988412023.192.43$20,792
Oct 199988212420.982.80$18,852
Sep 199987011221.752.62$19,216
Aug 199986312419.262.88$16,978
Jul 199988612417.892.37$16,145
Jun 19991,05812015.942.36$17,148
May 199989312415.792.32$14,388
Apr 19991,07310415.102.21$16,432
Mar 19998668812.471.84$10,961
Feb 19997091119.981.82$7,278
Jan 199988111810.381.90$9,369
Dec 19989001069.201.77$8,468
Nov 199872212010.892.19$8,125
Oct 199887712412.421.97$11,137
Sep 19981,05611612.592.08$13,537
Aug 199872412011.301.91$8,410
Jul 199889711311.742.24$10,784
Jun 199885911011.242.24$9,901
May 19981,03712412.622.21$13,361
Apr 19987079513.042.51$9,457
Mar 199886612412.802.31$11,371
Feb 199888711213.952.30$12,631
Jan 19987166714.702.15$10,670
Dec 19975308916.322.41$8,864
Nov 199767211118.193.09$12,566
Oct 199785712119.253.15$16,878
Sep 199770412017.742.95$12,844
Aug 199788212017.862.55$16,059
Jul 199768812017.582.25$12,365
Jun 199784310417.242.26$14,768
May 19976859518.972.31$13,214
Apr 199770812017.882.08$12,909
Mar 199772012418.951.94$13,884
Feb 199753011220.492.21$11,107
Jan 199767212423.483.54$16,217
Dec 199669311023.32$16,161
Nov 19965298821.97$11,622
Oct 19965298423.31$12,331
Sep 199668612022.22$15,243
Aug 199670112120.26$14,202
Jul 199654212419.55$10,596
Jun 199670312018.73$13,167
May 199671412419.43$13,873
Apr 199667511621.51$14,519
Mar 199670312019.38$13,624
Feb 199671011216.98$12,056
Jan 199670512417.07$12,034
Dec 199570812017.19$12,171
Nov 199571012016.00$11,360
Oct 199572612015.43$11,202
Sep 199570912016.18$11,472
Aug 19955388415.92$8,565
Jul 199570912415.24$10,805
Jun 199588612016.41$14,539
May 19955238417.56$9,184
Apr 199572511617.73$12,854
Mar 199590912416.44$14,944
Feb 199553010416.58$8,787
Jan 199572111615.92$11,478
Dec 199471711615.03$10,777
Nov 199453312015.90$8,475
Oct 199472212415.58$11,249
Sep 199472211615.29$11,039
Aug 199471112416.13$11,468
Jul 199473612417.56$12,924
Jun 199487811217.09$15,005
May 199469512415.88$11,037
Apr 199489811614.14$12,698
Mar 199470810812.46$8,822
Feb 199469611212.50$8,700
Jan 199469312412.66$8,773
Dec 199393612412.33$11,541
Nov 199388211614.49$12,780
Oct 199389612415.85$14,202
Sep 199391211615.03$13,707
Aug 199386512415.66$13,546
Jul 19931,23712015.46$19,124
Jun 199352310416.79$8,781
May 199386312417.68$15,258
Apr 19931,05112018.05$18,971
Mar 19931,05912418.14$19,210
Feb 199389311217.90$15,985
Jan 199388910816.93$15,051

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                  746 bbl  × $106.41 =    $79,382
Casinghead gas       506 Mcf  × $  3.05 =     $1,541

────────────────────────────────────────────────────
Month total                                  $80,923

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/11948 is the state's own key, not one this site invented.