ARGO

Operated by MONTARE OPERATING, LTD. (P-5 577015) in the FUHRMAN-MASCHO field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10705District 08Field 33176001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$27.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$508 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 510 leases and 5,228 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2008-10-20.

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: ANDRES RESERVOIRS.

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
NGPA3none

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
OilDisposition355,985 bbl$26,580,752
Casinghead gasProduction269,857 Mcf$929,077
Total$27,509,829

10,212 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 (23)

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 32.2508, -102.7483. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.25024, -102.74846 · 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
8.7%
2 of 23 wells
With a plug date
8.7%
2 of 23 wells
Median depth
4,820 ft
21 wells filed one
Completion to plug
26.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
28.7%
A plug date is filed
28.7%
BothOn the schedule and plugged. Neither fact cancels the other.
28.7%
NeitherNo plug date, and not on the schedule.
2191.3%

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, 21 of 23 wells. Median 4,820 ft, with the middle half between 4,780 and 4,836 ft; the shallowest is 4,519 ft and the deepest 4,884 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, 20 of 23 wells, Oct 1983 – Feb 2013. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 1983 – Feb 2013
20 of 23 wells; 3 filed none
Plug dates filed
Sep 1984 – Nov 2011
2 of 23 wells; 21 filed none

Last completion to plug: a median of 26.9 years across the 1 well that filed both dates, with the middle half between 26.9 years and 26.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

23 wells

42-0030768314,519 ftSep 1984Yes
42-003076842
42-003076853
42-00344803254,824 ftFeb 2013
42-00344802204,836 ftJan 2013
42-00343610214,788 ftMar 2012
42-00343820274,795 ftFeb 2012
42-00343105194,780 ftNov 2011
42-00343166284,876 ftSep 2011
42-00343058184,840 ftJul 2011
42-00342784164,837 ftMay 2011
42-00342601154,835 ftApr 2011
42-00342065144,855 ftOct 2010
42-00341394114,825 ftMar 2010
42-00341393104,820 ftMar 2010
42-00341409134,825 ftMar 2010
42-0034133494,884 ftMar 2010
42-00341189124,776 ftDec 2009
42-0034118884,810 ftNov 2009
42-0034093274,815 ftJul 2009
42-0033447064,760 ftDec 1984Nov 2011Yes
42-0033446954,760 ftNov 1984
42-0033359244,775 ftOct 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 2026501798106.413.05$55,742
Apr 202640471398.932.87$42,014
Mar 202650669189.753.15$47,590
Feb 202651162863.503.75$34,804
Jan 202645471059.138.00$32,524
Dec 202550471556.664.41$31,712
Nov 202554677258.593.93$35,021
Oct 202554171959.383.30$34,501
Sep 202560578562.743.08$40,373
Aug 202573680863.933.01$49,488
Jul 202570752466.743.32$48,922
Jun 202580271366.483.13$55,548
May 202586436760.553.23$53,501
Apr 202566847462.363.54$43,336
Mar 202565870267.704.27$47,543
Feb 202557568770.884.34$43,738
Jan 202569086474.324.28$54,978
Dec 202468813268.993.12$47,877
Nov 202459263869.052.20$42,280
Oct 202460394671.372.28$45,194
Sep 202457590369.612.36$42,161
Aug 202464382775.632.06$50,337
Jul 202469968879.932.15$57,348
Jun 20247551,09778.082.63$61,840
May 202475590478.812.20$61,489
Apr 202467280184.451.66$58,079
Mar 20247651,12680.301.55$63,169
Feb 202471699676.091.78$56,257
Jan 202478490173.023.30$60,219
Dec 20237371,03571.262.61$55,221
Nov 20238151,06177.892.81$66,459
Oct 202377194985.443.09$68,804
Sep 20237741,00989.042.74$71,677
Aug 202380663480.522.67$66,594
Jul 20238201,08074.852.64$64,230
Jun 202382748868.962.26$58,132
May 202388196070.622.23$64,355
Apr 202380570878.122.24$64,471
Mar 202380776672.852.39$60,623
Feb 202380085375.112.47$62,191
Jan 202386496176.533.39$69,378
Dec 202289388176.415.73$73,281
Nov 202294386985.005.65$85,062
Oct 202294898187.185.86$88,399
Sep 20221,1961,03384.888.16$109,950
Aug 20221,1341,25094.529.13$118,595
Jul 2022730620101.587.54$78,829
Jun 2022459508115.097.98$56,879
May 2022667391109.378.43$76,247
Apr 2022755391104.226.84$81,360
Mar 2022761445108.885.08$85,117
Feb 20221,50644591.054.86$139,283
Jan 202246244581.844.54$39,829
Dec 202147921871.323.90$35,012
Nov 202143054377.435.24$36,139
Oct 202143657279.795.71$38,057
Sep 202137935669.865.35$28,382
Aug 202137852466.024.22$27,167
Jul 202134214370.783.98$24,776
Jun 202135244469.493.38$25,961
May 202136520163.483.02$23,777
Apr 202135536460.362.76$22,432
Mar 202141637861.302.72$26,528
Feb 202135356257.805.55$23,521
Jan 202140756250.412.81$22,096
Dec 202042349444.642.68$20,204
Nov 202052870438.772.71$22,376
Oct 202049574636.972.48$20,149
Sep 202048274637.091.99$19,363
Aug 202050270639.982.39$21,754
Jul 202049571138.371.83$20,291
Jun 202050443634.901.69$18,327
May 202050955416.921.81$9,618
Apr 202053267314.751.80$9,061
Mar 202057773630.341.86$18,872
Feb 202056171649.881.98$29,401
Jan 202059061357.252.09$35,062
Dec 2019610059.012.30$35,996
Nov 201961061355.302.75$35,419
Oct 201963759353.472.42$35,495
Sep 201964435855.052.66$36,404
Aug 201964977353.112.30$36,250
Jul 201964076356.272.46$37,890
Jun 201958753552.782.49$32,315
May 201964453558.482.74$39,127
Apr 201963238462.632.75$40,638
Mar 201968252756.803.06$40,351
Feb 201960767750.852.79$32,756
Jan 201968476046.033.23$33,938
Dec 201870676146.594.19$36,078
Nov 201869570152.934.24$39,757
Oct 201867376561.443.40$43,949
Sep 201858869959.543.11$37,182
Aug 201859474959.403.07$37,580
Jul 201862179265.142.93$42,774
Jun 201868379460.183.08$43,546
May 201871584065.382.90$49,183
Apr 201872887663.842.90$49,017
Mar 201877792961.222.79$50,157
Feb 201869382561.782.77$45,096
Jan 201878492362.874.01$52,991
Dec 201776893957.272.92$46,727
Nov 201772786755.423.12$42,994
Oct 201769082949.292.98$36,484
Sep 201767479747.523.09$34,489
Aug 201768080145.373.00$33,258
Jul 201773480943.873.09$34,698
Jun 201781792242.493.09$37,561
May 20178511,06045.373.26$42,069
Apr 20178811,09847.933.21$45,753
Mar 20179241,09646.772.98$46,486
Feb 201788095850.452.95$47,225
Jan 20179311,01149.413.42$49,457
Dec 20169411,04248.763.72$49,762
Nov 20168941,08242.492.64$40,847
Oct 20168681,07246.193.09$43,406
Sep 201679597741.553.10$36,062
Aug 20168221,03841.442.92$37,099
Jul 20168491,02641.622.92$38,336
Jun 201687098045.352.69$42,087
May 20161,0201,01442.521.99$45,389
Apr 20161,04699836.561.99$40,229
Mar 20161,0131,07033.011.79$35,359
Feb 20169471,00526.472.06$27,141
Jan 20161,1861,18027.352.36$35,227
Dec 20151,2561,24132.362.00$43,128
Nov 20151,3631,32538.792.17$55,742
Oct 20151,5711,09943.552.43$71,084
Sep 20151,5841,21742.992.76$71,453
Aug 20151,5151,69440.162.87$65,708
Jul 20151,4521,57448.152.95$74,549
Jun 20151,5101,54656.152.88$89,243
May 20151,4491,32955.212.96$83,927
Apr 20151,39840949.822.71$70,755
Mar 20151,29295942.892.93$58,228
Feb 201598884044.662.98$46,624
Jan 20151,16886543.433.10$53,408
Dec 20141,05196954.693.59$60,959
Nov 20141,1621,00870.464.25$86,160
Oct 20141,1671,10978.303.90$95,702
Sep 20141,1211,04086.164.05$100,793
Aug 20141,1611,11289.394.04$108,269
Jul 20141,0661,14196.564.18$107,702
Jun 20141,2991,36998.164.74$133,995
May 20141,7271,84094.734.73$172,296
Apr 20141,9141,86495.944.81$192,593
Mar 20142,2903,04395.895.06$234,976
Feb 20142,2922,60497.406.19$239,365
Jan 20141,9983,18290.404.86$196,086
Dec 20131,6473,05191.824.35$164,513
Nov 20131,8693,20288.853.74$178,031
Oct 20132,3613,42097.423.78$242,934
Sep 20132,2503,607104.113.72$247,657
Aug 20132,6233,592104.253.52$286,101
Jul 20132,8212,830102.523.72$299,730
Jun 20133,3773,05594.403.93$330,805
May 20133,8433,14294.834.15$377,468
Apr 20134,1132,73493.964.28$398,166
Mar 20134,5732,94793.623.91$439,655
Feb 20134,2713,43791.233.42$401,398
Jan 20133,2563,79391.603.42$311,221
Dec 20124,4194,54986.773.42$398,995
Nov 20123,8682,89586.953.62$346,817
Oct 20123,9042,80189.383.40$358,462
Sep 20123,8002,61594.672.92$367,378
Aug 20123,2712,39992.662.91$310,068
Jul 20123,6792,86085.133.02$321,833
Jun 20124,2403,41579.822.52$347,039
May 20124,5273,53491.612.49$423,512
Apr 20125,4623,397101.652.00$561,995
Mar 20125,2682,470105.052.22$558,892
Feb 20125,3011,945101.102.57$540,930
Jan 20125,5061,91498.092.73$545,317
Dec 20116,3412,45396.873.24$622,200
Nov 20115,9421,67995.723.31$574,328
Oct 20115,8474,68484.983.65$513,968
Sep 20115,3983,56783.623.99$465,598
Aug 20114,6903,46083.404.15$405,503
Jul 20113,9082,80494.144.52$380,565
Jun 20114,6883,49792.904.64$451,741
May 20113,3352,66598.134.40$339,002
Apr 20114,8443,238105.964.33$527,301
Mar 20112,8703,65396.364.06$291,375
Feb 20112,6232,39485.644.18$234,641
Jan 20113,3824,05886.504.59$311,164
Dec 20103,1773,60785.734.35$288,047
Nov 20103,0333,54880.843.80$258,654
Oct 20103,1972,62478.103.51$258,893
Sep 20102,2511,90372.633.98$171,063
Aug 20103,2572,45473.684.42$250,821
Jul 20103,3972,54872.554.74$258,521
Jun 20103,8512,90870.364.91$285,236
May 20103,707071.124.24$263,642
Apr 20107,031081.694.12$574,362
Mar 20103,651078.394.39$286,202
Feb 20101,552073.585.44$114,196
Jan 20102,008074.365.96$149,315
Dec 20093,163071.445.48$225,965
Nov 20091,535074.593.75$114,496
Oct 20091,036072.544.11$75,151
Sep 20091,900065.543.06$124,526
Aug 20093,175067.423.22$214,059
Jul 2009653061.133.46$39,918
Jun 2009224066.163.90$14,820
May 2009204054.743.93$11,167
Apr 2009344046.773.59$16,089
Mar 2009376042.144.06$15,845
Feb 2009296032.814.63$9,712
Jan 2009312035.865.37$11,188
Dec 2008292037.105.98$10,833
Nov 2008169055.496.86$9,378
Oct 2008544075.246.92$40,931
Sep 20084530101.767.88$46,097
Aug 20084420114.228.48$50,485
Jul 20085170131.0811.39$67,768
Jun 20085180131.3313.03$68,029
May 20083900123.1711.57$48,036
Apr 20085890110.3110.45$64,973
Mar 20087200101.909.66$73,368
Feb 2008106092.538.77$9,808
Jan 2008118090.388.21$10,665
Dec 2007161088.337.30$14,221
Nov 2007243091.677.29$22,276
Oct 2007457082.856.92$37,862
Sep 2007358075.846.24$27,151
Aug 2007249069.066.39$17,196
Jul 2007308070.906.39$21,837
Jun 2007284062.007.55$17,608
May 2007695058.747.85$40,824
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006171056.656.92$9,687
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006171060.085.04$10,274
Aug 20060068.717.34$0
Jul 2006167069.376.34$11,585
Jun 2006169066.286.38$11,201
May 20060066.016.42$0
Apr 2006167064.397.36$10,753
Mar 2006169056.707.08$9,582
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 2005163054.9413.42$8,955
Nov 20050054.6910.59$0
Oct 2005172058.3413.80$10,034
Sep 20050061.4512.08$0
Aug 2005173061.519.80$10,641
Jul 2005177055.697.84$9,857
Jun 20050052.337.38$0
May 2005171045.226.65$7,733
Apr 20050049.207.36$0
Mar 2005171050.377.15$8,613
Feb 2005164145.226.31$7,422
Jan 20050043.166.32$0
Dec 2004171139.866.75$6,823
Nov 2004158145.286.33$7,161
Oct 2004166149.706.52$8,257
Sep 20040143.245.28$5
Aug 2004168142.375.55$7,124
Jul 2004155138.286.08$5,939
Jun 2004170136.106.43$6,143
May 20040137.486.49$6
Apr 2004171134.475.86$5,900
Mar 20040134.365.53$6
Feb 2004171132.455.51$5,554
Jan 2004172132.036.30$5,515
Dec 20030130.266.30$6
Nov 2003173128.804.60$4,987
Oct 2003173128.174.76$4,878
Sep 20030126.314.75$5
Aug 2003181129.765.13$5,392
Jul 2003176129.415.17$5,181
Jun 20030128.565.98$6
May 2003181126.595.97$4,819
Apr 20030126.675.41$5
Mar 2003175131.146.10$5,456
Feb 2003176133.487.93$5,900
Jan 2003172130.315.58$5,219
Dec 20020126.914.85$5
Nov 2002177124.664.14$4,369
Oct 2002178126.464.23$4,714
Sep 2002170127.443.64$4,668
Aug 2002177125.963.16$4,598
Jul 20020124.583.06$3
Jun 2002174123.733.34$4,132
May 2002177124.663.58$4,368
Apr 20020123.653.51$4
Mar 20020122.003.10$3
Feb 2002165118.222.38$3,009
Jan 2002184117.172.38$3,162
Dec 2001179116.932.36$3,033
Nov 20010118.072.41$2
Oct 2001176119.782.53$3,484
Sep 2001177124.262.25$4,296
Aug 2001173124.873.05$4,306
Jul 20010123.933.20$3
Jun 2001181124.563.82$4,449
May 2001178125.524.31$4,547
Apr 2001182124.685.34$4,497
Mar 2001171124.545.38$4,202
Feb 2001173127.755.77$4,807
Jan 20010127.478.40$8
Dec 2000165126.889.12$4,444
Nov 2000179132.215.66$5,771
Oct 20000131.235.15$5
Sep 2000179131.875.19$5,710
Aug 2000171129.644.54$5,073
Jul 2000148128.534.09$4,227
Jun 2000169129.304.40$4,956
May 2000168127.263.68$4,583
Apr 2000176124.513.12$4,317
Mar 20000128.422.86$3
Feb 2000166127.622.73$4,588
Jan 2000178125.272.48$4,501
Dec 1999169124.282.42$4,106
Nov 1999158123.192.43$3,666
Oct 1999179120.982.80$3,758
Sep 1999159121.752.62$3,461
Aug 1999174119.262.88$3,354
Jul 1999176117.892.37$3,151
Jun 1999172115.942.36$2,744
May 19990115.792.32$2
Apr 1999165115.102.21$2,494
Mar 1999332112.471.84$4,142
Feb 1999019.981.82$2
Jan 1999176110.381.90$1,829
Dec 199816219.201.77$1,492
Nov 1998169110.892.19$1,843
Oct 1998174112.421.97$2,163
Sep 1998173112.592.08$2,180
Aug 1998178111.301.91$2,013
Jul 1998182111.742.24$2,139
Jun 1998175111.242.24$1,969
May 1998174112.622.21$2,198
Apr 1998167113.042.51$2,180
Mar 1998174112.802.31$2,230
Feb 1998180113.952.30$2,513
Jan 1998180114.702.15$2,648
Dec 1997165116.322.41$2,695
Nov 1997179118.193.09$3,259
Oct 1997167219.253.15$3,221
Sep 199722517.742.95$109
Aug 19973384317.862.55$6,147
Jul 19971699417.582.25$3,182
Jun 1997012417.242.26$280
May 199735510918.972.31$6,986
Apr 199717610417.882.08$3,363
Mar 19971779418.951.94$3,536
Feb 199716913820.492.21$3,767
Jan 199716716123.483.54$4,491
Dec 199618214323.32$4,244
Nov 199617314221.97$3,801
Oct 199618114323.31$4,219
Sep 199617615522.22$3,911
Aug 199617515420.26$3,546
Jul 199617815819.55$3,480
Jun 199635415618.73$6,630
May 1996011919.43$0
Apr 19964162421.51$8,948
Mar 199613819.38$252
Feb 19961846716.98$3,124
Jan 199626718517.07$4,558
Dec 199518217117.19$3,129
Nov 19952667316.00$4,256
Oct 199518610815.43$2,870
Sep 199526813016.18$4,336
Aug 199526512415.92$4,219
Jul 199544620015.24$6,797
Jun 1995016016.41$0
May 199518115417.56$3,178
Apr 199526621217.73$4,716
Mar 199518222716.44$2,992
Feb 199526519116.58$4,394
Jan 199537119115.92$5,906
Dec 199426919015.03$4,043
Nov 19941836015.90$2,910
Oct 199418119115.58$2,820
Sep 199441820215.29$6,391
Aug 199418017216.13$2,903
Jul 19944368917.56$7,656
Jun 199417916317.09$3,059
May 199426718615.88$4,240
Apr 199444831714.14$6,335
Mar 199444232512.46$5,507
Feb 199427826912.50$3,475
Jan 199444732012.66$5,659
Dec 199345130812.33$5,561
Nov 199345729214.49$6,622
Oct 199345429415.85$7,196
Sep 199344728015.03$6,718
Aug 199344537515.66$6,969
Jul 199326432615.46$4,081
Jun 199345943516.79$7,707
May 199345845217.68$8,097
Apr 199337638618.05$6,787
Mar 199345346418.14$8,217
Feb 199343943217.90$7,858
Jan 199344528916.93$7,534

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                  501 bbl  × $106.41 =    $53,311
Casinghead gas       798 Mcf  × $  3.05 =     $2,431

────────────────────────────────────────────────────
Month total                                  $55,742

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/O/10705 is the state's own key, not one this site invented.