P & C RANCH

Operated by AGHORN OPERATING, INC. (P-5 8716) in the PENWELL (QUEEN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 160118District 08Field 70537597CondensateGasSaveExport
Value, all time
$977 k
Jul 1996 – May 2026
Value, last 12 filed months
$209
at the published price for each month
Months reported
359
no gaps in the span
Streams
2
condensate, 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 22 leases and 22 wells, and the rule below applies to all of them.

Discovered
1993-07-12
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: PER OPERATOR REQUEST PHILLIPS PETROLEUM CO. APPLICIANT

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
CondensateDisposition38 bbl$892
GasProduction425,013 Mcf$976,441
Total$977,333

112,709 Mcf of this lease's gas, across 4 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 31.7069, -102.5662. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.70688, -102.56618 · 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
3,600 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 3,600 ft.

Completions filed
Sep 1996
1 of 1 wells

1 well

42-1353723523,600 ftSep 1996

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 (359)

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

359 months

May 202600106.413.05$0
Apr 202601398.932.87$37
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202601459.138.00$112
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202501559.383.30$50
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250366.743.32$10
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202501467.704.27$60
Feb 202501270.884.34$52
Jan 2025024174.324.28$1,031
Dec 202407868.993.12$243
Nov 2024022169.052.20$486
Oct 2024048971.372.28$1,116
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024040078.812.20$879
Apr 2024069884.451.66$1,158
Mar 2024017180.301.55$264
Feb 20240076.091.78$0
Jan 202402473.023.30$79
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202303180.522.67$83
Jul 2023036574.852.64$964
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023037678.122.24$841
Mar 20230072.852.39$0
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 2022022684.888.16$1,845
Aug 2022017294.529.13$1,570
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 2022031109.378.43$261
Apr 2022031104.226.84$212
Mar 20220179108.885.08$909
Feb 2022025691.054.86$1,244
Jan 202206481.844.54$290
Dec 2021028271.323.90$1,100
Nov 2021012677.435.24$660
Oct 202102779.795.71$154
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202102469.493.38$81
May 20210063.483.02$0
Apr 2021020960.362.76$577
Mar 202106961.302.72$187
Feb 202108357.805.55$460
Jan 2021018850.412.81$528
Dec 20200044.642.68$0
Nov 2020021438.772.71$579
Oct 2020024736.972.48$612
Sep 2020015037.091.99$299
Aug 2020022839.982.39$544
Jul 202008338.371.83$151
Jun 2020013034.901.69$220
May 2020016616.921.81$301
Apr 2020016814.751.80$303
Mar 20200030.341.86$0
Feb 2020018049.881.98$357
Jan 2020020057.252.09$419
Dec 2019021059.012.30$484
Nov 2019021155.302.75$580
Oct 2019022353.472.42$539
Sep 201909555.052.66$252
Aug 2019021653.112.30$498
Jul 2019023856.272.46$585
Jun 2019022052.782.49$548
May 2019028858.482.74$789
Apr 201903262.632.75$88
Mar 2019022256.803.06$680
Feb 2019024950.852.79$695
Jan 201904146.033.23$132
Dec 201807246.594.19$301
Nov 201809952.934.24$419
Oct 2018017861.443.40$605
Sep 2018011959.543.11$370
Aug 2018013559.403.07$414
Jul 2018016765.142.93$490
Jun 2018016860.183.08$517
May 2018020765.382.90$600
Apr 2018021563.842.90$624
Mar 2018019861.222.79$552
Feb 2018017561.782.77$484
Jan 2018011662.874.01$465
Dec 2017020857.272.92$608
Nov 2017021555.423.12$670
Oct 2017022949.292.98$683
Sep 2017019647.523.09$605
Aug 2017022845.373.00$685
Jul 2017011743.873.09$361
Jun 2017014642.493.09$451
May 2017021245.373.26$692
Apr 2017019247.933.21$617
Mar 2017020246.772.98$603
Feb 2017019750.452.95$582
Jan 2017021849.413.42$745
Dec 2016016948.763.72$629
Nov 2016021542.492.64$569
Oct 2016023446.193.09$723
Sep 2016010941.553.10$338
Aug 2016021241.442.92$620
Jul 2016020541.622.92$599
Jun 2016020845.352.69$559
May 2016023842.521.99$474
Apr 2016017536.561.99$348
Mar 2016018533.011.79$332
Feb 2016021926.472.06$452
Jan 2016020427.352.36$482
Dec 2015021132.362.00$422
Nov 2015020538.792.17$444
Oct 2015014843.552.43$359
Sep 2015022342.992.76$615
Aug 2015021240.162.87$609
Jul 2015027048.152.95$795
Jun 2015021956.152.88$631
May 2015020455.212.96$603
Apr 2015023449.822.71$633
Mar 2015017842.892.93$522
Feb 2015017044.662.98$506
Jan 201507043.433.10$217
Dec 2014024354.693.59$873
Nov 2014017170.464.25$727
Oct 2014018778.303.90$729
Sep 2014021086.164.05$850
Aug 2014018789.394.04$755
Jul 2014018796.564.18$782
Jun 2014018798.164.74$886
May 2014028294.734.73$1,333
Apr 20140095.944.81$0
Mar 201407895.895.06$394
Feb 2014021797.406.19$1,344
Jan 201408590.404.86$413
Dec 2013013291.824.35$575
Nov 2013018488.853.74$688
Oct 2013023997.423.78$903
Sep 20130192104.113.72$714
Aug 20130238104.253.52$838
Jul 20130153102.523.72$569
Jun 2013021494.403.93$842
May 2013022794.834.15$942
Apr 2013022793.964.28$972
Mar 2013018293.623.91$712
Feb 2013021091.233.42$718
Jan 2013023491.603.42$800
Dec 2012019286.773.42$657
Nov 2012023786.953.62$859
Oct 2012020589.383.40$697
Sep 2012021294.672.92$619
Aug 2012021992.662.91$637
Jul 2012024985.133.02$752
Jun 2012022679.822.52$569
May 2012025491.612.49$632
Apr 20120157101.652.00$314
Mar 20120201105.052.22$447
Feb 20120246101.102.57$632
Jan 2012027198.092.73$741
Dec 2011020396.873.24$658
Nov 2011027095.723.31$894
Oct 2011021884.983.65$795
Sep 2011026783.623.99$1,064
Aug 2011027783.404.15$1,149
Jul 2011028394.144.52$1,278
Jun 2011028692.904.64$1,327
May 2011029298.134.40$1,286
Apr 20110143105.964.33$620
Mar 2011012396.364.06$499
Feb 2011014585.644.18$606
Jan 2011019086.504.59$872
Dec 2010024185.734.35$1,048
Nov 2010022380.843.80$846
Oct 2010025778.103.51$902
Sep 2010024872.633.98$987
Aug 2010026873.684.42$1,184
Jul 2010024672.554.74$1,165
Jun 2010026070.364.91$1,277
May 2010027671.124.24$1,169
Apr 2010028081.694.12$1,154
Mar 2010027578.394.39$1,207
Feb 2010026773.585.44$1,453
Jan 2010026274.365.96$1,563
Dec 2009025571.445.48$1,398
Nov 2009026574.593.75$994
Oct 2009030572.544.11$1,254
Sep 2009027065.543.06$827
Aug 2009026467.423.22$850
Jul 2009026761.133.46$925
Jun 2009029766.163.90$1,157
May 2009027454.743.93$1,076
Apr 2009027146.773.59$972
Mar 2009024042.144.06$974
Feb 2009024732.814.63$1,144
Jan 2009031235.865.37$1,676
Dec 2008031137.105.98$1,859
Nov 2008029355.496.86$2,010
Oct 2008033975.246.92$2,347
Sep 20080220101.767.88$1,733
Aug 20080319114.228.48$2,706
Jul 20080349131.0811.39$3,975
Jun 20080303131.3313.03$3,949
May 20080394123.1711.57$4,560
Apr 20080226110.3110.45$2,363
Mar 20080222101.909.66$2,145
Feb 2008031892.538.77$2,789
Jan 2008035690.388.21$2,921
Dec 2007037288.337.30$2,716
Nov 2007032391.677.29$2,355
Oct 2007037682.856.92$2,603
Sep 2007039375.846.24$2,454
Aug 2007047569.066.39$3,034
Jul 2007059170.906.39$3,775
Jun 2007077962.007.55$5,880
May 2007027358.747.85$2,142
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 2007010750.306.73$720
Dec 2006039156.656.92$2,705
Nov 2006024654.207.62$1,874
Oct 2006038954.906.01$2,339
Sep 2006038860.085.04$1,954
Aug 2006042168.717.34$3,090
Jul 2006047269.376.34$2,994
Jun 2006035966.286.38$2,292
May 2006023766.016.42$1,523
Apr 2006046164.397.36$3,393
Mar 2006042256.707.08$2,989
Feb 2006022257.597.75$1,721
Jan 2006037460.598.93$3,341
Dec 2005020154.9413.42$2,697
Nov 2005028354.6910.59$2,997
Oct 2005028958.3413.80$3,987
Sep 2005035361.4512.08$4,264
Aug 2005045161.519.80$4,418
Jul 2005045055.697.84$3,530
Jun 2005043252.337.38$3,189
May 2005047245.226.65$3,139
Apr 2005045549.207.36$3,349
Mar 2005028350.377.15$2,025
Feb 2005021745.226.31$1,370
Jan 2005031643.166.32$1,998
Dec 2004041939.866.75$2,829
Nov 2004044745.286.33$2,830
Oct 2004045649.706.52$2,971
Sep 2004041843.245.28$2,209
Aug 2004043042.375.55$2,387
Jul 2004043738.286.08$2,659
Jun 2004049136.106.43$3,159
May 2004052637.486.49$3,416
Apr 2004050534.475.86$2,959
Mar 2004045934.365.53$2,538
Feb 2004044432.455.51$2,446
Jan 2004050932.036.30$3,207
Dec 2003055130.266.30$3,472
Nov 2003057228.804.60$2,628
Oct 2003065428.174.76$3,113
Sep 2003068826.314.75$3,268
Aug 20030029.765.13$0
Jul 2003052029.415.17$2,689
Jun 2003061228.565.98$3,662
May 2003067826.595.97$4,049
Apr 2003064026.675.41$3,461
Mar 2003047631.146.10$2,902
Feb 2003042233.487.93$3,345
Jan 2003040230.315.58$2,244
Dec 2002038826.914.85$1,883
Nov 2002039924.664.14$1,651
Oct 2002055026.464.23$2,326
Sep 2002059527.443.64$2,163
Aug 2002059825.963.16$1,892
Jul 2002070324.583.06$2,152
Jun 2002074523.733.34$2,487
May 2002080024.663.58$2,867
Apr 2002070823.653.51$2,487
Mar 2002055522.003.10$1,722
Feb 2002037418.222.38$889
Jan 2002035117.172.38$834
Dec 2001049116.932.36$1,161
Nov 2001060118.072.41$1,446
Oct 2001072819.782.53$1,841
Sep 2001077324.262.25$1,740
Aug 2001082024.873.05$2,504
Jul 2001087323.933.20$2,791
Jun 2001094624.563.82$3,618
May 2001098425.524.31$4,238
Apr 200101,02724.685.34$5,479
Mar 200101,26824.545.38$6,817
Feb 2001073727.755.77$4,250
Jan 2001064227.478.40$5,392
Dec 2000063626.889.12$5,802
Nov 2000073332.215.66$4,147
Oct 2000087231.235.15$4,487
Sep 2000089231.875.19$4,626
Aug 200001,08129.644.54$4,909
Jul 2000092428.534.09$3,779
Jun 200001,09029.304.40$4,793
May 200001,06227.263.68$3,908
Apr 200001,18824.513.12$3,702
Mar 200001,29928.422.86$3,715
Feb 200001,20527.622.73$3,285
Jan 200001,38025.272.48$3,423
Dec 199901,38724.282.42$3,362
Nov 199901,43123.192.43$3,483
Oct 199901,55320.982.80$4,354
Sep 199901,57121.752.62$4,114
Aug 199901,61919.262.88$4,656
Jul 199901,58017.892.37$3,748
Jun 199901,76915.942.36$4,179
May 199901,86215.792.32$4,322
Apr 199901,89115.102.21$4,175
Mar 199902,13712.471.84$3,929
Feb 199902,0699.981.82$3,761
Jan 199902,57210.381.90$4,887
Dec 199802,1019.201.77$3,726
Nov 199802,92110.892.19$6,384
Oct 199802,06012.421.97$4,057
Sep 199802,78612.592.08$5,802
Aug 199803,13611.301.91$5,981
Jul 199803,34311.742.24$7,479
Jun 199803,41211.242.24$7,634
May 199803,90512.622.21$8,616
Apr 199804,09413.042.51$10,257
Mar 199804,64712.802.31$10,732
Feb 199804,70113.952.30$10,808
Jan 199805,38514.702.15$11,604
Dec 199706,35216.322.41$15,315
Nov 199707,38118.193.09$22,794
Oct 199708,60319.253.15$27,098
Sep 199706,10417.742.95$18,037
Aug 199707,92117.862.55$20,236
Jul 199707,28717.582.25$16,373
Jun 199709,26817.242.26$20,920
May 1997012,61718.972.31$29,126
Apr 1997015,60517.882.08$32,502
Mar 1997020,23518.951.94$39,239
Feb 1997024,31620.492.21$53,639
Jan 19973831,71523.483.54$113,154
Dec 1996016,49023.32$0
Nov 1996036,43821.97$0
Oct 1996040,15123.31$0
Sep 1996019,63022.22$0
Aug 19960020.26$0
Jul 19960019.55$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
Condensate             0 bbl  × $ 98.93 =         $0
Gas                   13 Mcf  × $  2.87 =        $37

────────────────────────────────────────────────────
Month total                                      $37

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. 08/G/160118 is the state's own key, not one this site invented.