LACO OIL COMPANY

Operated by URBAN OIL & GAS GROUP, LLC (P-5 879035) in the OPELIKA (RODESSA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 15590District 05Field 67416498NGPA filingGasSaveExport
Value, all time
$119 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
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 179 leases and 179 wells, and the rule below applies to all of them.

Discovered
1937-12-05
as the register files it
Field class
Gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: RULE 55 REQUIREMENTS.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
GasProduction35,552 Mcf$119,265
Total$119,265

7,740 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 (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 32.3160, -95.7387. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.31604, -95.73865 · 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
9,715 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 9,715 ft.

Completions filed
Jun 1949
1 of 1 wells

1 well

42-2130024319,715 ftJun 1949

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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007875.846.24$50
Aug 200710169.066.39$645
Jul 20077570.906.39$479
Jun 20077662.007.55$574
May 200711358.747.85$887
Apr 20076559.617.81$507
Mar 20076756.927.30$489
Feb 20073755.108.22$304
Jan 20075850.306.73$390
Dec 20069056.656.92$623
Nov 20069954.207.62$754
Oct 20068854.906.01$529
Sep 200611760.085.04$589
Aug 200612968.717.34$947
Jul 20067069.376.34$444
Jun 20068366.286.38$530
May 200612866.016.42$822
Apr 200611064.397.36$810
Mar 20069756.707.08$687
Feb 20068657.597.75$667
Jan 200614760.598.93$1,313
Dec 200512554.9413.42$1,677
Nov 200510654.6910.59$1,122
Oct 200513458.3413.80$1,849
Sep 200516761.4512.08$2,017
Aug 200517561.519.80$1,714
Jul 200517155.697.84$1,341
Jun 200518052.337.38$1,329
May 200515745.226.65$1,044
Apr 200510149.207.36$743
Mar 200516650.377.15$1,188
Feb 200510945.226.31$688
Jan 20058343.166.32$525
Dec 20049239.866.75$621
Nov 20046245.286.33$392
Oct 20047649.706.52$495
Sep 20049243.245.28$486
Aug 200410142.375.55$561
Jul 20047538.286.08$456
Jun 200410136.106.43$650
May 200411737.486.49$760
Apr 200412634.475.86$738
Mar 200410034.365.53$553
Feb 20048332.455.51$457
Jan 20048232.036.30$517
Dec 20038630.266.30$542
Nov 20036028.804.60$276
Oct 20037428.174.76$352
Sep 20039626.314.75$456
Aug 20039629.765.13$492
Jul 20039629.415.17$496
Jun 20038728.565.98$521
May 200310426.595.97$621
Apr 200314426.675.41$779
Mar 20038231.146.10$500
Feb 200311333.487.93$896
Jan 20032,48730.315.58$13,883
Dec 20022,64826.914.85$12,853
Nov 20029624.664.14$397
Oct 200220526.464.23$867
Sep 20022,14527.443.64$7,798
Aug 20021,39625.963.16$4,417
Jul 20021,19524.583.06$3,659
Jun 20021,09523.733.34$3,655
May 200225224.663.58$903
Apr 200211323.653.51$397
Mar 200215722.003.10$487
Feb 200221718.222.38$516
Jan 200239317.172.38$934
Dec 200159816.932.36$1,414
Nov 200114318.072.41$344
Oct 20019619.782.53$243
Sep 200141924.262.25$943
Aug 200192424.873.05$2,821
Jul 2001023.933.20$0
Jun 2001024.563.82$0
May 2001025.524.31$0
Apr 2001024.685.34$0
Mar 200110424.545.38$559
Feb 20019927.755.77$571
Jan 200111427.478.40$957
Dec 20008526.889.12$775
Nov 20009432.215.66$532
Oct 200012331.235.15$633
Sep 20009931.875.19$513
Aug 200011829.644.54$536
Jul 200012928.534.09$528
Jun 200018429.304.40$809
May 200017027.263.68$626
Apr 20009724.513.12$302
Mar 200012328.422.86$352
Feb 200014827.622.73$404
Jan 200015725.272.48$389
Dec 199916124.282.42$390
Nov 199920423.192.43$497
Oct 199911320.982.80$317
Sep 199912021.752.62$314
Aug 199913419.262.88$385
Jul 199914217.892.37$337
Jun 199913315.942.36$314
May 199912315.792.32$285
Apr 199912215.102.21$269
Mar 199914112.471.84$259
Feb 19991149.981.82$207
Jan 199924310.381.90$462
Dec 19982279.201.77$403
Nov 199822410.892.19$490
Oct 199820712.421.97$408
Sep 199810512.592.08$219
Aug 199814411.301.91$275
Jul 199815611.742.24$349
Jun 199814811.242.24$331
May 199817212.622.21$379
Apr 199817213.042.51$431
Mar 199817612.802.31$406
Feb 199819113.952.30$439
Jan 199822614.702.15$487
Dec 199721016.322.41$506
Nov 199716018.193.09$494
Oct 199717119.253.15$539
Sep 199714917.742.95$440
Aug 199716717.862.55$427
Jul 199713617.582.25$306
Jun 199713517.242.26$305
May 19978718.972.31$201
Apr 199714117.882.08$294
Mar 199714618.951.94$283
Feb 199718520.492.21$408
Jan 199714123.483.54$499
Dec 199611023.32$0
Nov 199610421.97$0
Oct 199610923.31$0
Sep 19967122.22$0
Aug 19968520.26$0
Jul 199616919.55$0
Jun 199612218.73$0
May 199620119.43$0
Apr 199619521.51$0
Mar 199620719.38$0
Feb 199620516.98$0
Jan 199624917.07$0
Dec 199515317.19$0
Nov 199521016.00$0
Oct 199514015.43$0
Sep 199511716.18$0
Aug 199512415.92$0
Jul 199514115.24$0
Jun 199513416.41$0
May 199516317.56$0
Apr 199515117.73$0
Mar 199517716.44$0
Feb 199532516.58$0
Jan 199516815.92$0
Dec 199419515.03$0
Nov 199417915.90$0
Oct 199414515.58$0
Sep 199412515.29$0
Aug 199413316.13$0
Jul 199415717.56$0
Jun 199416717.09$0
May 199413915.88$0
Apr 199411514.14$0
Mar 199415512.46$0
Feb 199417512.50$0
Jan 199419412.66$0
Dec 199314212.33$0
Nov 199314314.49$0
Oct 199312515.85$0
Sep 199312815.03$0
Aug 199313615.66$0
Jul 199315815.46$0
Jun 199314416.79$0
May 199318017.68$0
Apr 199318618.05$0
Mar 199322718.14$0
Feb 199321317.90$0
Jan 199324916.93$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.

Sep 2007 — as filed, then multipliedworked
Gas                    8 Mcf  × $  6.24 =        $50

────────────────────────────────────────────────────
Month total                                      $50

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. 05/G/15590 is the state's own key, not one this site invented.