JEFFERSON LAND CO. A/C #1

Operated by MILESTONE OPERATING, INC. (P-5 567103) in the LOVELLS LAKE (MARG. 2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9043District 03Field 55184426OilCasinghead gasSaveExport
Value, all time
$14.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$369 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 15 leases and 53 wells, and the rule below applies to all of them.

Discovered
1948-02-04
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1966-01-21.

The Commission's schedule remark for this field reads: PER ORDER 3-835 EFF 8-5-39, RULES ADOPTED.

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
OilDisposition253,785 bbl$12,970,479
Casinghead gasProduction321,940 Mcf$1,113,799
Total$14,084,278

41,462 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.

Wells on this lease (24)

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 29.9528, -94.1353. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles. 4 wells have no surveyed location and are left out of it.

29.95419, -94.13631 · centre of 20 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
87.5%
21 of 24 wells
With a plug date
41.7%
10 of 24 wells
Median depth
7,791 ft
22 wells filed one
Completion to plug
10.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2187.5%
A plug date is filed
1041.7%
BothOn the schedule and plugged. Neither fact cancels the other.
1041.7%
NeitherNo plug date, and not on the schedule.
312.5%

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, 22 of 24 wells. Median 7,791 ft, with the middle half between 7,701 and 7,861 ft; the shallowest is 1,195 ft and the deepest 9,882 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, 14 of 24 wells, Sep 1972 – Apr 2014. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 1972 – Apr 2014
14 of 24 wells; 10 filed none
Plug dates filed
Jan 1972 – Jan 2017
10 of 24 wells; 14 filed none

Last completion to plug: a median of 10.7 years across the 2 wells that filed both dates, with the middle half between 5.5 years and 15.8 years. A further 2 wells are excluded, because the last completion the Commission holds for them is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

24 wells

42-245017535D7,724 ftYes
42-245017617D7,790 ftDec 1985Yes
42-2450176414Yes
42-2450337051 CYes
42-24530059557,700 ftJan 1972Yes
42-24530142577,400 ftYes
42-2458019950 U9,882 ftApr 1984Yes
42-245810962D1,505 ftApr 1983Yes
42-245810973D7,788 ftNov 1984Yes
42-245811006D7,792 ftOct 1986Yes
42-24530060547,815 ftApr 2014Dec 1980Yes
42-24530070561,621 ftApr 2014Apr 1975Yes
42-2450175777,271 ftMay 2011Yes
42-24501787409,855 ftAug 2008Yes
42-24503405527,870 ftDec 2002Yes
42-24501793459,114 ftOct 2002Yes
42-24501776277,705 ftFeb 2002Yes
42-24532067597,865 ftJan 2000Yes
42-24501768187,790 ftJan 1996Jan 2017Yes
42-24501780317,798 ftJan 1995
42-24501779307,797 ftOct 1994Yes
42-2453004553 D7,850 ftAug 1992
42-245810984D1,195 ftJul 1986Nov 1986Yes
42-24503248499,668 ftSep 1972

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 202662354389.753.15$57,624
Feb 202650047763.503.75$33,539
Jan 202653241459.138.00$34,768
Dec 202550645156.664.41$30,660
Nov 202549945158.593.93$31,007
Oct 202556245159.383.30$34,862
Sep 202552643462.743.08$34,337
Aug 202552744563.933.01$35,033
Jul 202560248166.743.32$41,772
Jun 202551346366.483.13$35,553
May 202552050460.553.23$33,115
Apr 202553948862.363.54$35,341
Mar 202565351067.704.27$46,385
Feb 202538336370.884.34$28,723
Jan 202539834374.324.28$31,047
Dec 202463544768.993.12$45,204
Nov 202456343369.052.20$39,827
Oct 202454945671.372.28$40,222
Sep 202454245769.612.36$38,809
Aug 202450647075.632.06$39,239
Jul 202463945579.932.15$52,052
Jun 202451545978.082.63$41,420
May 202454546378.812.20$43,969
Apr 202456143484.451.66$48,097
Mar 202451550180.301.55$42,129
Feb 202464450176.091.78$49,896
Jan 202447947073.023.30$36,526
Dec 202350553571.262.61$37,383
Nov 202356154377.892.81$45,221
Oct 202366558285.443.09$58,614
Sep 202355459189.042.74$50,945
Aug 202353967480.522.67$45,202
Jul 202364864474.852.64$50,204
Jun 202354457068.962.26$38,802
May 202365558970.622.23$47,568
Apr 202354057778.122.24$43,476
Mar 202359059772.852.39$44,410
Feb 202348746775.112.47$37,730
Jan 202350451776.533.39$40,323
Dec 202250251576.415.73$41,308
Nov 202259752085.005.65$53,681
Oct 202249755487.185.86$46,577
Sep 202256950984.888.16$52,452
Aug 202258255794.529.13$60,094
Jul 2022571556101.587.54$62,196
Jun 2022566596115.097.98$69,895
May 2022592636109.378.43$70,110
Apr 2022578616104.226.84$64,451
Mar 2022536626108.885.08$61,538
Feb 202246652191.054.86$44,961
Jan 202252563481.844.54$45,843
Dec 202153961471.323.90$40,836
Nov 202153060077.435.24$44,180
Oct 202154662179.795.71$47,114
Sep 202167861769.865.35$50,667
Aug 202157168866.024.22$40,601
Jul 202159873970.783.98$45,269
Jun 202167177669.493.38$49,251
May 202156070963.483.02$37,688
Apr 202167971160.362.76$42,946
Mar 202168667261.302.72$43,878
Feb 202143664257.805.55$28,763
Jan 202167171750.412.81$35,840
Dec 202066894644.642.68$32,351
Nov 202066896638.772.71$28,513
Oct 202056492536.972.48$23,144
Sep 202075191837.091.99$29,682
Aug 20204511,03039.982.39$20,488
Jul 20206491,17838.371.83$27,052
Jun 20205811,05334.901.69$22,057
May 20206601,14316.921.81$13,241
Apr 20205161,14114.751.80$9,670
Mar 20206051,11130.341.86$20,418
Feb 20206101,11149.881.98$32,627
Jan 20205091,26257.252.09$31,784
Dec 20196131,25859.012.30$39,072
Nov 20195281,22155.302.75$32,557
Oct 201941393453.472.42$24,342
Sep 201932066555.052.66$19,383
Aug 20196741,12853.112.30$38,395
Jul 20195531,10356.272.46$33,831
Jun 20196591,00352.782.49$37,281
May 20195411,02858.482.74$34,455
Apr 20195521,03162.632.75$37,408
Mar 20196541,10856.803.06$40,540
Feb 201966992750.852.79$36,607
Jan 20198771,04946.033.23$43,755
Dec 20185531,04946.594.19$30,155
Nov 201862990852.934.24$37,140
Oct 20186501,02761.443.40$43,426
Sep 20186341,10259.543.11$41,173
Aug 20185911,28359.403.07$39,040
Jul 201860598465.142.93$42,295
Jun 201861194960.183.08$39,690
May 201871098065.382.90$49,263
Apr 201851191563.842.90$35,276
Mar 201862091861.222.79$40,515
Feb 201850887161.782.77$33,794
Jan 201872486262.874.01$48,974
Dec 201750789357.272.92$31,645
Nov 201752692555.423.12$32,035
Oct 201770497749.292.98$37,615
Sep 201752269847.523.09$26,960
Aug 20173481,12845.373.00$19,178
Jul 20175171,02343.873.09$25,839
Jun 201753391842.493.09$25,481
May 20175201,14945.373.26$27,342
Apr 20175221,10747.933.21$28,575
Mar 20175211,12446.772.98$27,721
Feb 201752699150.452.95$29,463
Jan 20176161,17849.413.42$34,464
Dec 20165171,07348.763.72$29,204
Nov 20165951,06842.492.64$28,106
Oct 20165961,12446.193.09$31,003
Sep 20166031,05541.553.10$28,326
Aug 20166531,05841.442.92$30,154
Jul 20166361,18241.622.92$29,927
Jun 20166421,18845.352.69$32,305
May 20166391,29842.521.99$29,755
Apr 20167251,64336.561.99$29,777
Mar 20168221,69833.011.79$30,180
Feb 20167091,68226.472.06$22,238
Jan 20168201,79427.352.36$26,669
Dec 20157061,79832.362.00$26,445
Nov 20157141,64038.792.17$31,250
Oct 20157371,52543.552.43$35,797
Sep 20156921,43642.992.76$33,710
Aug 20157061,46040.162.87$32,547
Jul 20157741,61248.152.95$42,016
Jun 20155991,66056.152.88$38,419
May 20157511,81255.212.96$46,818
Apr 201573488049.822.71$38,950
Mar 201579391742.892.93$36,703
Feb 201558886644.662.98$28,837
Jan 201570497443.433.10$33,595
Dec 20147901,07154.693.59$47,051
Nov 20146161,04870.464.25$47,859
Oct 20147021,04078.303.90$59,024
Sep 20145841,09086.164.05$54,727
Aug 20147101,09789.394.04$67,893
Jul 20147451,11596.564.18$76,597
Jun 20146671,21298.164.74$71,214
May 20148671,26094.734.73$88,086
Apr 20147831,20295.944.81$80,902
Mar 20147661,25895.895.06$79,813
Feb 20147651,11097.406.19$81,384
Jan 201467592190.404.86$65,497
Dec 20137811,03691.824.35$76,223
Nov 201381290688.853.74$75,533
Oct 201371592997.423.78$73,166
Sep 2013859930104.113.72$92,888
Aug 20138341,392104.253.52$91,848
Jul 20137071,442102.523.72$77,843
Jun 20138341,31094.403.93$83,882
May 20137781,19794.834.15$78,744
Apr 20136731,07993.964.28$67,856
Mar 201372792793.623.91$71,689
Feb 201374484091.233.42$70,748
Jan 201381095291.603.42$77,452
Dec 201273384286.773.42$66,482
Nov 201273287486.953.62$66,816
Oct 201291395989.383.40$84,864
Sep 201267571094.672.92$65,974
Aug 201289088292.662.91$85,032
Jul 201288691285.133.02$78,180
Jun 201288796079.822.52$73,219
May 20128901,15091.612.49$84,394
Apr 20121,0051,228101.652.00$104,610
Mar 2012968998105.052.22$103,906
Feb 2012893804101.102.57$92,349
Jan 20121,04993698.092.73$105,456
Dec 20111,08396996.873.24$108,050
Nov 20119191,08095.723.31$91,543
Oct 20111,1391,47884.983.65$102,185
Sep 20111,2101,28583.623.99$106,302
Aug 20111,2921,12183.404.15$112,404
Jul 20111,22397594.144.52$119,538
Jun 201199184992.904.64$96,003
May 201142040898.134.40$43,012
Apr 2011346429105.964.33$38,521
Mar 201150748496.364.06$50,818
Feb 201133043885.644.18$30,092
Jan 201143746186.504.59$39,916
Dec 201050942285.734.35$45,471
Nov 201039343080.843.80$33,402
Oct 201040447478.103.51$33,216
Sep 201039637572.633.98$30,254
Aug 201040235973.684.42$31,206
Jul 201039535572.554.74$30,339
Jun 201048062070.364.91$36,817
May 201042587871.124.24$33,945
Apr 201049469081.694.12$43,200
Mar 201045161978.394.39$38,070
Feb 201047144573.585.44$37,078
Jan 201045060974.365.96$37,094
Dec 200948169971.445.48$38,196
Nov 200941565774.593.75$33,420
Oct 200952361272.544.11$40,454
Sep 200944350565.543.06$30,582
Aug 200945953067.423.22$32,652
Jul 200944875061.133.46$29,985
Jun 200935583566.163.90$26,739
May 200940683354.743.93$25,495
Apr 200949160046.773.59$25,117
Mar 200951556942.144.06$24,012
Feb 200942960432.814.63$16,874
Jan 200950992335.865.37$23,210
Dec 200848967337.105.98$22,165
Nov 200852243455.496.86$31,943
Oct 200850545075.246.92$41,111
Sep 2008209198101.767.88$22,828
Aug 2008468587114.228.48$58,434
Jul 2008528413131.0811.39$73,914
Jun 2008657410131.3313.03$91,627
May 2008538426123.1711.57$71,196
Apr 2008526470110.3110.45$62,937
Mar 2008595550101.909.66$65,946
Feb 200861533692.538.77$59,853
Jan 200862133590.388.21$58,875
Dec 200748944488.337.30$46,435
Nov 200753356491.677.29$52,973
Oct 200751939982.856.92$45,761
Sep 200751069875.846.24$43,037
Aug 200749129569.066.39$35,793
Jul 200761150470.906.39$46,539
Jun 200750247262.007.55$34,687
May 200750850858.747.85$33,826
Apr 200752267959.617.81$36,416
Mar 200739755356.927.30$26,635
Feb 200745548055.108.22$29,014
Jan 200755846450.306.73$31,189
Dec 200658453156.656.92$36,757
Nov 200664640054.207.62$38,060
Oct 200664552254.906.01$38,550
Sep 200663946060.085.04$40,708
Aug 200661647268.717.34$45,790
Jul 200666646669.376.34$49,156
Jun 200663158666.286.38$45,564
May 200674751966.016.42$52,644
Apr 200666257664.397.36$46,866
Mar 200681047356.707.08$49,277
Feb 200661126057.597.75$37,203
Jan 200671452560.598.93$47,951
Dec 200583363754.9413.42$54,311
Nov 200567968754.6910.59$44,409
Oct 20054941,18258.3413.80$45,127
Sep 20054521,04061.4512.08$40,338
Aug 200568945361.519.80$46,818
Jul 200565161755.697.84$41,094
Jun 200567760852.337.38$39,915
May 200559488545.226.65$32,747
Apr 200556443549.207.36$30,951
Mar 200561046950.377.15$34,081
Feb 200565799645.226.31$35,996
Jan 200571668243.166.32$35,214
Dec 200477159439.866.75$34,742
Nov 200467593045.286.33$36,451
Oct 20047981,43449.706.52$49,003
Sep 200460368343.245.28$29,683
Aug 200470369542.375.55$33,644
Jul 200469972138.286.08$31,144
Jun 200467343036.106.43$27,062
May 200470541837.486.49$29,138
Apr 200466338534.475.86$25,109
Mar 200472677634.365.53$29,237
Feb 20045341,75532.455.51$26,998
Jan 200460477732.036.30$24,241
Dec 200368694230.266.30$26,695
Nov 200377297028.804.60$26,691
Oct 200354960128.174.76$18,326
Sep 200359975626.314.75$19,350
Aug 200359888529.765.13$22,336
Jul 200352078529.415.17$19,352
Jun 200347562528.565.98$17,305
May 200353466326.595.97$18,159
Apr 200352464626.675.41$17,468
Mar 200354084631.146.10$21,973
Feb 200351270433.487.93$22,722
Jan 200354569830.315.58$20,415
Dec 20025941,55826.914.85$23,547
Nov 20025421,26424.664.14$18,595
Oct 20025781,37026.464.23$21,088
Sep 20026201,58227.443.64$22,764
Aug 200269575725.963.16$20,437
Jul 200271571624.583.06$19,767
Jun 200267156223.733.34$17,799
May 200276173924.663.58$21,415
Apr 200259155623.653.51$15,930
Mar 200265075222.003.10$16,633
Feb 200267746218.222.38$13,433
Jan 200263190217.172.38$12,977
Dec 20016701,33016.932.36$14,488
Nov 200160556418.072.41$12,289
Oct 200154748919.782.53$12,056
Sep 200148645024.262.25$12,803
Aug 200163252724.873.05$17,327
Jul 20017711,61923.933.20$23,626
Jun 20017271,20624.563.82$22,467
May 200149290725.524.31$16,463
Apr 200145691224.685.34$16,120
Mar 200172986124.545.38$22,519
Feb 200159577327.755.77$20,969
Jan 200174664327.478.40$25,893
Dec 200049586226.889.12$21,169
Nov 20006121,15532.215.66$26,248
Oct 200058099231.235.15$23,218
Sep 20005991,23231.875.19$25,480
Aug 20006641,24229.644.54$25,321
Jul 200056380628.534.09$19,359
Jun 200057473429.304.40$20,046
May 20006091,20627.263.68$21,039
Apr 20005761,12624.513.12$17,626
Mar 200051688828.422.86$17,204
Feb 20005511,15827.622.73$18,376
Jan 200052593025.272.48$15,574
Dec 199957654624.282.42$15,309
Nov 199957363023.192.43$14,821
Oct 199967873120.982.80$16,274
Sep 199964671721.752.62$15,928
Aug 199953576319.262.88$12,498
Jul 199959186617.892.37$12,627
Jun 199968477715.942.36$12,738
May 199959364015.792.32$10,849
Apr 199963571215.102.21$11,161
Mar 199965458812.471.84$9,236
Feb 19996246869.981.82$7,475
Jan 199971260910.381.90$8,548
Dec 19985486409.201.77$6,177
Nov 199876357210.892.19$9,559
Oct 199863765812.421.97$9,207
Sep 199873473212.592.08$10,766
Aug 199856180711.301.91$7,879
Jul 199882784111.742.24$11,591
Jun 199856482011.242.24$8,174
May 199872653412.622.21$10,340
Apr 199873355413.042.51$10,946
Mar 199874264612.802.31$10,990
Feb 199869686413.952.30$11,696
Jan 199866765214.702.15$11,210
Dec 199778960016.322.41$14,323
Nov 199772345618.193.09$14,560
Oct 199778555319.253.15$16,853
Sep 199767641617.742.95$13,221
Aug 199777548417.862.55$15,078
Jul 199778063817.582.25$15,146
Jun 199772959017.242.26$13,900
May 199780345718.972.31$16,288
Apr 199791373817.882.08$17,862
Mar 199774680518.951.94$15,698
Feb 199788192720.492.21$20,097
Jan 19978391,02923.483.54$23,342
Dec 19968481,70523.32$19,775
Nov 19967951,60521.97$17,466
Oct 19966852,17023.31$15,967
Sep 19966601,09022.22$14,665
Aug 19967531,07820.26$15,256
Jul 19966471,14119.55$12,649
Jun 199669990818.73$13,092
May 199678291019.43$15,194
Apr 199667977021.51$14,605
Mar 199674778219.38$14,477
Feb 199671355416.98$12,107
Jan 199671884217.07$12,256
Dec 199573079217.19$12,549
Nov 199569779816.00$11,152
Oct 199577171015.43$11,897
Sep 199559374116.18$9,595
Aug 199563270115.92$10,061
Jul 199572392215.24$11,019
Jun 199571473816.41$11,717
May 199571073217.56$12,468
Apr 199567783117.73$12,003
Mar 199578284816.44$12,856
Feb 199552790116.58$8,738
Jan 199583658615.92$13,309
Dec 199475464615.03$11,333
Nov 199471963515.90$11,432
Oct 199468863115.58$10,719
Sep 199490298815.29$13,792
Aug 199471997416.13$11,597
Jul 199477598617.56$13,609
Jun 199475770517.09$12,937
May 199475254515.88$11,942
Apr 199467549414.14$9,545
Mar 199468864512.46$8,572
Feb 199452481112.50$6,550
Jan 19946911,26612.66$8,748
Dec 19936701,76412.33$8,261
Nov 199371534614.49$10,360
Oct 199358637215.85$9,288
Sep 199362343815.03$9,364
Aug 199377867315.66$12,183
Jul 199387694315.46$13,543
Jun 199370789316.79$11,871
May 19939741,12817.68$17,220
Apr 199377438818.05$13,971
Mar 199386447318.14$15,673
Feb 199376765217.90$13,729
Jan 19938751,21116.93$14,814

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                  623 bbl  × $ 89.75 =    $55,914
Casinghead gas       543 Mcf  × $  3.15 =     $1,710

────────────────────────────────────────────────────
Month total                                  $57,624

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/9043 is the state's own key, not one this site invented.