ARMSTRONG-TXL

Operated by Q NATURAL RESOURCES, LLC (P-5 684427) in the KEN REGAN (DELAWARE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23721District 08Field 48754500OilCasinghead gasSaveExport
Value, all time
$5.5 M
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
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 80 leases and 177 wells, and the rule below applies to all of them.

Discovered
1954-07-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: MULTIPLE 49B ALLOW. 80 AC + 10% TOL.

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
OilDisposition121,868 bbl$5,175,961
Casinghead gasProduction123,343 Mcf$342,079
Total$5,518,040

37,309 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 (3)

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 31.7264, -103.8666. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.72702, -103.86780 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
3,432 ft
3 wells filed one
Completion to plug
50.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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

Between 3,371 and 3,460 ft, median 3,432 ft, over the 3 wells that filed a depth.

Completions filed
Jul 1975 – Jul 1976
3 of 3 wells
Plug dates filed
May 2026
1 of 3 wells; 2 filed none

Last completion to plug: a median of 50.8 years across the 1 well that filed both dates, with the middle half between 50.8 years and 50.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-3893041633,432 ftJul 1976
42-3893035923,460 ftNov 1975
42-3893033813,371 ftJul 1975May 2026Yes

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 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
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 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 2022860109.378.43$9,406
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021106079.795.71$8,458
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 202150063.483.02$3,174
Apr 202159060.362.76$3,561
Mar 2021173061.302.72$10,605
Feb 2021188057.805.55$10,866
Jan 2021361050.412.81$18,198
Dec 2020689044.642.68$30,757
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020184034.901.69$6,422
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019344053.472.42$18,394
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 2019371056.803.06$21,073
Feb 20190050.852.79$0
Jan 2019185046.033.23$8,516
Dec 2018175046.594.19$8,153
Nov 2018516052.934.24$27,312
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018351059.403.07$20,849
Jul 2018183065.142.93$11,921
Jun 2018182060.183.08$10,953
May 2018521065.382.90$34,063
Apr 2018366063.842.90$23,365
Mar 2018176061.222.79$10,775
Feb 2018344061.782.77$21,252
Jan 2018377062.874.01$23,702
Dec 2017190057.272.92$10,881
Nov 2017380055.423.12$21,060
Oct 2017520049.292.98$25,631
Sep 2017182047.523.09$8,649
Aug 2017187045.373.00$8,484
Jul 2017187043.873.09$8,204
Jun 2017370042.493.09$15,721
May 2017723045.373.26$32,803
Apr 20170047.933.21$0
Mar 2017184046.772.98$8,606
Feb 2017334050.452.95$16,850
Jan 2017183049.413.42$9,042
Dec 2016165048.763.72$8,045
Nov 2016184042.492.64$7,818
Oct 2016180046.193.09$8,314
Sep 2016186041.553.10$7,728
Aug 2016368041.442.92$15,250
Jul 2016189041.622.92$7,866
Jun 20160045.352.69$0
May 2016530042.521.99$22,536
Apr 20160036.561.99$0
Mar 201649121033.011.79$16,585
Feb 201634715726.472.06$9,509
Jan 201637042627.352.36$11,127
Dec 201518744532.362.00$6,942
Nov 201536039338.792.17$14,816
Oct 201535717543.552.43$15,972
Sep 201534214142.992.76$15,092
Aug 201518321640.162.87$7,970
Jul 201535528548.152.95$17,933
Jun 201535522756.152.88$20,588
May 201534623455.212.96$19,794
Apr 201535129549.822.71$18,285
Mar 201518411842.892.93$8,238
Feb 20153558144.662.98$16,095
Jan 201533019543.433.10$14,937
Dec 201418832254.693.59$11,438
Nov 201454932570.464.25$40,064
Oct 201455652478.303.90$45,579
Sep 2014032486.164.05$1,311
Aug 201418155889.394.04$18,431
Jul 201435610096.564.18$34,793
Jun 2014377098.164.74$37,006
May 201436629994.734.73$36,084
Apr 201436329395.944.81$36,235
Mar 2014380095.895.06$36,438
Feb 201418625797.406.19$19,708
Jan 201437233090.404.86$35,233
Dec 201337334891.824.35$35,764
Nov 201318930088.853.74$17,914
Oct 201355347797.423.78$55,676
Sep 2013184312104.113.72$20,316
Aug 2013165393104.253.52$18,586
Jul 2013367474102.523.72$39,387
Jun 20131835994.403.93$17,507
May 201353527994.834.15$51,892
Apr 201318529893.964.28$18,659
Mar 201336333193.623.91$35,279
Feb 201333635691.233.42$31,871
Jan 201337129291.603.42$34,982
Dec 201237450086.773.42$34,162
Nov 201236548886.953.62$33,506
Oct 201237241889.383.40$34,670
Sep 201235640294.672.92$34,876
Aug 201234547392.662.91$33,343
Jul 201235756985.133.02$32,110
Jun 201218422979.822.52$15,264
May 201237240391.612.49$35,082
Apr 2012370539101.652.00$38,687
Mar 2012559416105.052.22$59,647
Feb 20120415101.102.57$1,067
Jan 201218642998.092.73$19,418
Dec 201108496.873.24$272
Nov 20111741395.723.31$16,698
Oct 201108484.983.65$306
Sep 201118434083.623.99$16,741
Aug 201117830483.404.15$16,107
Jul 201136525694.144.52$35,518
Jun 201118331592.904.64$18,462
May 201137553098.134.40$39,133
Apr 2011361374105.964.33$39,872
Mar 2011043096.364.06$1,745
Feb 201118326785.644.18$16,788
Jan 201133937286.504.59$31,031
Dec 201037531685.734.35$33,523
Nov 201036727980.843.80$30,727
Oct 201037437278.103.51$30,515
Sep 201035312772.633.98$26,144
Aug 201014220973.684.42$11,386
Jul 201032333172.554.74$25,001
Jun 201051724270.364.91$37,564
May 201036133571.124.24$27,093
Apr 201036727681.694.12$31,118
Mar 201036925378.394.39$30,036
Feb 201037112973.585.44$28,000
Jan 201036719474.365.96$28,447
Dec 200936718371.445.48$27,222
Nov 200937032674.593.75$28,821
Oct 200937121972.544.11$27,812
Sep 200936234965.543.06$24,795
Aug 200936628567.423.22$25,593
Jul 200918329761.133.46$12,216
Jun 200917920966.163.90$12,657
May 200935727954.743.93$20,637
Apr 200935324746.773.59$17,396
Mar 200917526042.144.06$8,430
Feb 200935320932.814.63$12,550
Jan 200933824635.865.37$13,442
Dec 200818119837.105.98$7,899
Nov 200833015955.496.86$19,403
Oct 200819325175.246.92$16,259
Sep 2008362320101.767.88$39,358
Aug 2008182285114.228.48$23,206
Jul 2008169213131.0811.39$24,578
Jun 2008330241131.3313.03$46,480
May 2008496261123.1711.57$64,113
Apr 2008526295110.3110.45$61,107
Mar 2008168255101.909.66$19,584
Feb 200834326292.538.77$34,036
Jan 200817428290.388.21$18,040
Dec 200733623988.337.30$31,424
Nov 200734931391.677.29$34,275
Oct 200735329182.856.92$31,260
Sep 200735535675.846.24$29,146
Aug 200735723469.066.39$26,149
Jul 200735425470.906.39$26,721
Jun 200734428862.007.55$23,502
May 200752222158.747.85$32,396
Apr 200717531059.617.81$12,851
Mar 200733426756.927.30$20,961
Feb 200751515055.108.22$29,609
Jan 200733822850.306.73$18,535
Dec 200648527556.656.92$29,378
Nov 200634915554.207.62$20,097
Oct 200668234354.906.01$39,505
Sep 200617228160.085.04$11,749
Aug 200652632668.717.34$38,534
Jul 200634233369.376.34$25,837
Jun 200634527866.286.38$24,641
May 200652033366.016.42$36,465
Apr 200617528764.397.36$13,381
Mar 200635514256.707.08$21,134
Feb 200635010457.597.75$20,963
Jan 200652310960.598.93$32,662
Dec 20053507554.9413.42$20,235
Nov 200550312654.6910.59$28,843
Oct 200535117458.3413.80$22,878
Sep 200516818561.4512.08$12,558
Aug 200534516861.519.80$22,867
Jul 200546620155.697.84$27,528
Jun 200553329452.337.38$30,062
May 200517830745.226.65$10,091
Apr 200527926949.207.36$15,707
Mar 200533434650.377.15$19,299
Feb 200536234245.226.31$18,528
Jan 200533141243.166.32$16,891
Dec 200433632339.866.75$15,574
Nov 200417825845.286.33$9,693
Oct 200435231849.706.52$19,566
Sep 200435417443.245.28$16,226
Aug 200435516342.375.55$15,946
Jul 200435418438.286.08$14,671
Jun 20043507136.106.43$13,092
May 200453621637.486.49$21,492
Apr 200435528934.475.86$13,930
Mar 200436232034.365.53$14,208
Feb 200436115632.455.51$12,574
Jan 200454429232.036.30$19,264
Dec 200335630330.266.30$12,682
Nov 200353814528.804.60$16,161
Oct 200335715028.174.76$10,771
Sep 200353114126.314.75$14,640
Aug 200335920229.765.13$11,720
Jul 200333025029.415.17$10,998
Jun 200335329428.565.98$11,841
May 200350427226.595.97$15,026
Apr 200335227426.675.41$10,869
Mar 200353631531.146.10$18,611
Feb 200336330233.487.93$14,547
Jan 200354424330.315.58$17,845
Dec 200236234826.914.85$11,431
Nov 200235833524.664.14$10,214
Oct 200233929426.464.23$10,213
Sep 200253425327.443.64$15,573
Aug 200232727825.963.16$9,369
Jul 200253628924.583.06$14,060
Jun 200253735323.733.34$13,921
May 200253032024.663.58$14,217
Apr 200270520823.653.51$17,404
Mar 200218333622.003.10$5,069
Feb 200253128918.222.38$10,361
Jan 200235633117.172.38$6,899
Dec 200154530616.932.36$9,950
Nov 200135932418.072.41$7,267
Oct 200153025919.782.53$11,138
Sep 200151032624.262.25$13,107
Aug 200135432724.873.05$9,802
Jul 200134936423.933.20$9,515
Jun 200152336424.563.82$14,237
May 200150827025.524.31$14,127
Apr 200136335124.685.34$10,832
Mar 200135935324.545.38$10,708
Feb 200151950427.755.77$17,309
Jan 200135552527.478.40$14,161
Dec 200055456726.889.12$20,064
Nov 200036038732.215.66$13,785
Oct 200051734631.235.15$17,926
Sep 200054146731.875.19$19,664
Aug 2000539029.644.54$15,976
Jul 2000539028.534.09$15,378
Jun 2000668029.304.40$19,572
May 2000533027.263.68$14,530
Apr 200052851624.513.12$14,549
Mar 200068241528.422.86$20,569
Feb 200034654527.622.73$11,042
Jan 200054757925.272.48$15,259
Dec 199952330324.282.42$13,433
Nov 199954848723.192.43$13,893
Oct 199954257220.982.80$12,975
Sep 199954544921.752.62$13,030
Aug 199955060519.262.88$12,333
Jul 199954448717.892.37$10,888
Jun 199954263315.942.36$10,135
May 199954765515.792.32$10,157
Apr 199954954115.102.21$9,484
Mar 199954676012.471.84$8,206
Feb 19997027939.981.82$8,447
Jan 19997141,09010.381.90$9,482
Dec 19985488149.201.77$6,485
Nov 199855599110.892.19$8,210
Oct 199873566312.421.97$10,434
Sep 19983751,00912.592.08$6,823
Aug 19987351,02911.301.91$10,268
Jul 19987321,35311.742.24$11,621
Jun 19985451,26611.242.24$8,958
May 199872484812.622.21$11,008
Apr 199871589813.042.51$11,573
Mar 199872273812.802.31$10,946
Feb 199836876713.952.30$6,897
Jan 199873059314.702.15$12,009
Dec 199772981916.322.41$13,872
Nov 199774398218.193.09$16,548
Oct 19975531,19819.253.15$14,419
Sep 19978871,10917.742.95$19,012
Aug 19977131,13017.862.55$15,621
Jul 19979111,19217.582.25$18,694
Jun 19979011,06117.242.26$17,928
May 19973671,51118.972.31$10,450
Apr 19973661,02917.882.08$8,687
Mar 199753191618.951.94$11,839
Feb 199755784320.492.21$13,273
Jan 199753980723.483.54$15,512
Dec 19963641,11923.32$8,488
Nov 199636192121.97$7,931
Oct 199636582623.31$8,508
Sep 199618294222.22$4,044
Aug 19963471,09820.26$7,030
Jul 199636190219.55$7,058
Jun 199635681918.73$6,668
May 199652497919.43$10,181
Apr 1996081121.51$0
Mar 199634694119.38$6,705
Feb 19961801,05016.98$3,056
Jan 19963331,08717.07$5,684
Dec 199537599017.19$6,446
Nov 19953611,04616.00$5,776
Oct 19953841,17815.43$5,925
Sep 19953741,09716.18$6,051
Aug 19953751,13915.92$5,970
Jul 19953581,13515.24$5,456
Jun 199528772116.41$4,710
May 19953601,49817.56$6,322
Apr 199536195217.73$6,401
Mar 199553192816.44$8,730
Feb 199535569616.58$5,886
Jan 199535549515.92$5,652
Dec 199451871215.03$7,786
Nov 199436145815.90$5,740
Oct 199453351915.58$8,304
Sep 199435640115.29$5,443
Aug 199435642916.13$5,742
Jul 199435756117.56$6,269
Jun 199435259317.09$6,016
May 199435749015.88$5,669
Apr 199452359414.14$7,395
Mar 199436050712.46$4,486
Feb 199449561212.50$6,188
Jan 199436468312.66$4,608
Dec 199335951112.33$4,426
Nov 199334446914.49$4,985
Oct 199330867615.85$4,882
Sep 199353362415.03$8,011
Aug 199367068715.66$10,492
Jul 199335651615.46$5,504
Jun 199353147616.79$8,915
May 199371472017.68$12,624
Apr 199337272018.05$6,715
Mar 199353684618.14$9,723
Feb 199317653417.90$3,150
Jan 199335160116.93$5,942

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 2022 — as filed, then multipliedworked
Oil                   86 bbl  × $109.37 =     $9,406
Casinghead gas         0 Mcf  × $  8.43 =         $0

────────────────────────────────────────────────────
Month total                                   $9,406

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/23721 is the state's own key, not one this site invented.