MERCHANT

Operated by RHEACO OIL COMPANY, LTD. (P-5 704810) in the SOUR LAKE field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16356District 03Field 84693001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$45 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 257 leases and 1,323 wells, and the rule below applies to all of them.

Discovered
1902-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
0 ft
minimum

A drilling unit in this field needs at least 0 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: PER ORDER 3-20072 EFF 1-22-51, AMENDED RULE 2

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
OilDisposition18,191 bbl$1,033,781
Casinghead gasProduction16 Mcf$10
Total$1,033,790

12 Mcf of this lease's gas, across 12 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 (1)

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 30.1334, -94.4272. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.13342, -94.42721 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,710 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
1100.0%

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

The one well that filed a depth was drilled to 3,710 ft.

Completions filed
Feb 1983
1 of 1 wells

1 well

42-19931845B 13,710 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 202600106.413.05$0
Apr 2026159098.932.87$15,730
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026162059.138.00$9,579
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025161059.383.30$9,560
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025156066.483.13$10,371
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 2025158070.884.34$11,199
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024154069.052.20$10,634
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 2024156075.632.06$11,798
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024155084.451.66$13,090
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024160073.023.30$11,683
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 2023157089.042.74$13,979
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023157070.622.23$11,087
Apr 20230078.122.24$0
Mar 2023154072.852.39$11,219
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022158084.888.16$13,411
Aug 20220094.529.13$0
Jul 20221570101.587.54$15,948
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221600104.226.84$16,675
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 2021162071.323.90$11,554
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021157069.865.35$10,968
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021161069.493.38$11,188
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021170061.302.72$10,421
Feb 20210057.805.55$0
Jan 2021159050.412.81$8,015
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 2020157038.371.83$6,024
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020162049.881.98$8,081
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 2019165055.302.75$9,125
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 2019158053.112.30$8,391
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019161062.632.75$10,083
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019158046.033.23$7,273
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018165059.543.11$9,824
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018158060.183.08$9,508
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 2018151061.222.79$9,244
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 2017166057.272.92$9,507
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 2017160045.373.00$7,259
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 2017167045.373.26$7,577
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 2017160050.452.95$8,072
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016164042.492.64$6,968
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016154041.442.92$6,382
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016179042.521.99$7,611
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016184026.472.06$4,870
Jan 20160027.352.36$0
Dec 2015140032.362.00$4,530
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015155056.152.88$8,703
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015151042.892.93$6,476
Feb 20150044.662.98$0
Jan 2015160043.433.10$6,949
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014152078.303.90$11,902
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014154096.564.18$14,870
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014153095.944.81$14,679
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 2014153090.404.86$13,831
Dec 20130091.824.35$0
Nov 2013153088.853.74$13,594
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 20131600104.253.52$16,680
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013152094.834.15$14,414
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013152091.233.42$13,867
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012154086.953.62$13,390
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 2012157085.133.02$13,365
Jun 2012152079.822.52$12,133
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20121560101.102.57$15,772
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011156095.723.31$14,932
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011158083.404.15$13,177
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011159098.134.40$15,603
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 2011159085.644.18$13,617
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010160080.843.80$12,934
Oct 20100078.103.51$0
Sep 2010158072.633.98$11,476
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 2010164070.364.91$11,539
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010160078.394.39$12,542
Feb 2010157073.585.44$11,552
Jan 20100074.365.96$0
Dec 2009160071.445.48$11,430
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009159065.543.06$10,421
Aug 20090067.423.22$0
Jul 2009159061.133.46$9,720
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009161046.773.59$7,530
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008158037.105.98$5,862
Nov 20080055.496.86$0
Oct 2008159075.246.92$11,963
Sep 200800101.767.88$0
Aug 20081580114.228.48$18,047
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 20081560123.1711.57$19,215
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 2008158092.538.77$14,620
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 2007157091.677.29$14,392
Oct 20070082.856.92$0
Sep 2007158075.846.24$11,983
Aug 20070069.066.39$0
Jul 2007155070.906.39$10,990
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007137059.617.81$8,167
Mar 20070056.927.30$0
Feb 2007159055.108.22$8,761
Jan 20070050.306.73$0
Dec 2006157056.656.92$8,894
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006154060.085.04$9,252
Aug 20060068.717.34$0
Jul 2006156069.376.34$10,822
Jun 2006155066.286.38$10,273
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 2006174060.598.93$10,543
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005160058.3413.80$9,334
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005168050.377.15$8,462
Feb 20050045.226.31$0
Jan 2005149043.166.32$6,431
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 200383030.266.30$2,512
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 2003147028.565.98$4,198
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 2002100024.664.14$2,466
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 2002169025.963.16$4,387
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002181023.653.51$4,281
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 2002148017.172.38$2,541
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 2001174024.262.25$4,221
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 2001180024.685.34$4,442
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 2000144026.889.12$3,871
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000357031.875.19$11,378
Aug 2000180029.644.54$5,335
Jul 20000028.534.09$0
Jun 2000172029.304.40$5,040
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 2000185028.422.86$5,258
Feb 2000170027.622.73$4,695
Jan 2000170025.272.48$4,296
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 1998179010.892.19$1,949
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 1998180013.952.30$2,511
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 1997172019.253.15$3,311
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 1997186017.582.25$3,270
Jun 19970017.242.26$0
May 1997165018.972.31$3,130
Apr 19970117.882.08$2
Mar 19970118.951.94$2
Feb 19970120.492.21$2
Jan 1997181123.483.54$4,253
Dec 19960123.32$0
Nov 19960021.97$0
Oct 19960123.31$0
Sep 1996184122.22$4,088
Aug 19960120.26$0
Jul 19960119.55$0
Jun 19960118.73$0
May 1996179119.43$3,478
Apr 19960121.51$0
Mar 19960019.38$0
Feb 1996184116.98$3,124
Jan 19960117.07$0
Dec 19950117.19$0
Nov 1995363116.00$5,808
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 1995364017.56$6,392
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
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 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$0

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.

Apr 2026 — as filed, then multipliedworked
Oil                  159 bbl  × $ 98.93 =    $15,730
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $15,730

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/16356 is the state's own key, not one this site invented.