DUNGAN-KEY TRUST

Operated by POCO LLC (P-5 668802) in the SPARTAN (F-A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14121District 04Field 84960040OilCasinghead gasSaveExport
Value, all time
$4.3 M
Jan 2019 – May 2026
Value, last 12 filed months
$471 k
at the published price for each month
Months reported
89
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1962-04-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition54,394 bbl$3,908,220
Casinghead gasProduction116,242 Mcf$360,498
Total$4,268,718

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 27.9948, -97.5720. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.99480, -97.57199 · 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
7,183 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 7,183 ft.

Completions filed
Jan 2019
1 of 1 wells

1 well

42-4093310417,183 ftJan 2019

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 (89)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

89 months

May 20266940106.413.05$73,849
Apr 2026528098.932.87$52,235
Mar 2026414089.753.15$37,157
Feb 2026505063.503.75$32,068
Jan 2026520059.138.00$30,748
Dec 2025522056.664.41$29,577
Nov 2025526058.593.93$30,818
Oct 202587211259.383.30$52,150
Sep 202553010762.743.08$33,581
Aug 202535416463.933.01$23,126
Jul 202548097066.743.32$35,251
Jun 20255301,67266.483.13$40,466
May 202547146460.553.23$30,019
Apr 2025615062.363.54$38,351
Mar 2025430067.704.27$29,111
Feb 20250070.884.34$0
Jan 2025180074.324.28$13,378
Dec 2024524068.993.12$36,151
Nov 2024535069.052.20$36,942
Oct 20243653171.372.28$26,121
Sep 202434588669.612.36$26,110
Aug 20245331,36675.632.06$43,130
Jul 20246592,38279.932.15$57,787
Jun 20247062,64078.082.63$62,078
May 20247173,49078.812.20$64,179
Apr 20245021,50084.451.66$44,883
Mar 20247213,50480.301.55$63,310
Feb 20245162,90276.091.78$44,439
Jan 20247162,31773.023.30$59,923
Dec 20237102,14971.262.61$56,205
Nov 20238873,05477.892.81$77,663
Oct 20238842,48285.443.09$83,192
Sep 20237292,42689.042.74$71,545
Aug 20238822,49580.522.67$77,687
Jul 20238741,93974.852.64$70,541
Jun 20239021,41568.962.26$65,398
May 20237371,67270.622.23$55,771
Apr 202370981578.122.24$57,211
Mar 202388499572.852.39$66,781
Feb 20237441,26175.112.47$58,991
Jan 20238751,13876.533.39$70,819
Dec 202270944276.415.73$56,707
Nov 202270454385.005.65$62,906
Oct 20229001,94587.185.86$89,867
Sep 20229071,32084.888.16$87,762
Aug 202251934694.529.13$52,214
Jul 20226941,269101.587.54$80,067
Jun 20223561,072115.097.98$49,524
May 20221,4342,326109.378.43$176,452
Apr 20221,2622,749104.226.84$150,322
Mar 20221,6653,497108.885.08$199,037
Feb 202270894391.054.86$69,045
Jan 20221,06971281.844.54$90,718
Dec 202174580171.323.90$56,257
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 202101066.024.22$42
Jul 20210070.783.98$0
Jun 20210069.493.38$0
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 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20208731,29338.371.83$35,857
Jun 202025551634.901.69$9,772
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20209561,51130.341.86$31,810
Feb 20201,1171,69149.881.98$59,065
Jan 20201,0512,17557.252.09$64,726
Dec 20191,3092,72559.012.30$83,523
Nov 20191,2853,13555.302.75$79,684
Oct 20191,4473,96953.472.42$86,970
Sep 20191,5954,20655.052.66$98,981
Aug 20191,6925,56653.112.30$102,688
Jul 20191,8846,53456.272.46$122,087
Jun 20198302,65352.782.49$50,417
May 20197933,24258.482.74$55,259
Apr 20192,29711,44362.632.75$175,337
Mar 20195111,26056.803.06$32,883
Feb 20190050.852.79$0
Jan 20190046.033.23$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.

May 2026 — as filed, then multipliedworked
Oil                  694 bbl  × $106.41 =    $73,849
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $73,849

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. 04/O/14121 is the state's own key, not one this site invented.