ARGO STATE

Operated by MORNINGSTAR OPERATING LLC (P-5 100189) in the DEEP ROCK (PENN.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31396District 08Field 23907710Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$3.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$89 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 54 leases and 106 wells, and the rule below applies to all of them.

Discovered
1961-03-04
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

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

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: OPTIONAL 40 ACRE, DIAG. 2100

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
OilDisposition74,067 bbl$3,476,208
Casinghead gasProduction81,181 Mcf$232,081
Total$3,708,288

25,794 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 32.2477, -102.6225. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.24768, -102.62249 · 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
9,535 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 9,535 ft.

Completions filed
Sep 1987
1 of 1 wells

1 well

42-0033584919,535 ftSep 1987

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 2026402098.932.87$39,770
Mar 20260089.753.15$0
Feb 202601663.503.75$60
Jan 202604059.138.00$320
Dec 202504456.664.41$194
Nov 20253762858.593.93$22,140
Oct 202504459.383.30$145
Sep 202504662.743.08$142
Aug 202503463.933.01$103
Jul 202504866.743.32$159
Jun 20253874466.483.13$25,865
May 202504060.553.23$129
Apr 202503862.363.54$135
Mar 202506267.704.27$265
Feb 20253985670.884.34$28,453
Jan 202506274.324.28$265
Dec 202407868.993.12$243
Nov 2024017169.052.20$376
Oct 2024017671.372.28$402
Sep 2024013269.612.36$312
Aug 2024022375.632.06$460
Jul 202437520879.932.15$30,420
Jun 2024016978.082.63$445
May 2024019078.812.20$418
Apr 2024017584.451.66$290
Mar 2024030080.301.55$464
Feb 20243984876.091.78$30,369
Jan 2024015873.023.30$521
Dec 2023011871.262.61$308
Nov 2023012277.892.81$343
Oct 2023013985.443.09$429
Sep 202338913989.042.74$35,017
Aug 2023017080.522.67$454
Jul 2023018374.852.64$483
Jun 2023010468.962.26$235
May 2023010470.622.23$232
Apr 20233899978.122.24$30,610
Mar 2023010072.852.39$239
Feb 202308975.112.47$219
Jan 202340411476.533.39$31,304
Dec 2022015376.415.73$877
Nov 20220685.005.65$34
Oct 20220087.185.86$0
Sep 20220684.888.16$49
Aug 20223946494.529.13$37,825
Jul 2022036101.587.54$272
Jun 20220107115.097.98$854
May 20220107109.378.43$902
Apr 2022411119104.226.84$43,648
Mar 20220156108.885.08$792
Feb 202238614791.054.86$35,860
Jan 2022021681.844.54$980
Dec 2021017371.323.90$675
Nov 2021017577.435.24$916
Oct 2021014379.795.71$817
Sep 202104169.865.35$219
Aug 202138421166.024.22$26,242
Jul 202107370.783.98$291
Jun 2021019069.493.38$642
May 20214012763.483.02$25,537
Apr 20210060.362.76$0
Mar 2021016761.302.72$454
Feb 202104857.805.55$266
Jan 202140113750.412.81$20,599
Dec 2020011744.642.68$313
Nov 202043213438.772.71$17,111
Oct 2020014036.972.48$347
Sep 2020013737.091.99$273
Aug 202042414539.982.39$17,297
Jul 2020015038.371.83$274
Jun 202043813734.901.69$15,518
May 2020015016.921.81$272
Apr 2020015714.751.80$283
Mar 202042715830.341.86$13,248
Feb 2020012149.881.98$240
Jan 202043014657.252.09$24,923
Dec 2019015859.012.30$364
Nov 201944718155.302.75$25,217
Oct 2019013653.472.42$329
Sep 201942614455.052.66$23,834
Aug 2019013653.112.30$313
Jul 201939716056.272.46$22,733
Jun 2019013352.782.49$331
May 201943215758.482.74$25,694
Apr 2019014162.632.75$388
Mar 201938511956.803.06$22,232
Feb 2019012750.852.79$355
Jan 2019012846.033.23$413
Dec 201844313146.594.19$21,188
Nov 2018014452.934.24$610
Oct 2018015561.443.40$527
Sep 201843215559.543.11$26,203
Aug 2018017459.403.07$534
Jul 201841916665.142.93$27,780
Jun 2018012060.183.08$369
May 20184339365.382.90$28,579
Apr 201802563.842.90$73
Mar 201808761.222.79$242
Feb 20184157561.782.77$25,846
Jan 201805362.874.01$212
Dec 20173908257.272.92$22,575
Nov 2017010155.423.12$315
Oct 201706749.292.98$200
Sep 20172946847.523.09$14,181
Aug 2017010545.373.00$315
Jul 20173036543.873.09$13,493
Jun 201708142.493.09$250
May 2017011745.373.26$382
Apr 201739910947.933.21$19,474
Mar 20172809446.772.98$13,376
Feb 20173619650.452.95$18,496
Jan 2017010549.413.42$359
Dec 201636310248.763.72$18,080
Nov 2016011042.492.64$291
Oct 2016012246.193.09$377
Sep 201632511541.553.10$13,860
Aug 2016012041.442.92$351
Jul 201640011141.622.92$16,973
Jun 2016011345.352.69$304
May 20163639842.521.99$15,630
Apr 201609336.561.99$185
Mar 201609833.011.79$176
Feb 201608426.472.06$173
Jan 201609327.352.36$220
Dec 201503932.362.00$78
Nov 20153863238.792.17$15,042
Oct 201508343.552.43$201
Sep 201508942.992.76$246
Aug 201503640.162.87$103
Jul 20152603248.152.95$12,613
Jun 201505856.152.88$167
May 201506655.212.96$195
Apr 20152167349.822.71$10,959
Mar 201505542.892.93$161
Feb 20152306944.662.98$10,477
Jan 201509343.433.10$288
Dec 20142649354.693.59$14,772
Nov 201409070.464.25$383
Oct 201409378.303.90$363
Sep 20142429086.164.05$21,215
Aug 201409389.394.04$375
Jul 20142309396.564.18$22,598
Jun 201409098.164.74$426
May 20142369394.734.73$22,796
Apr 20142295595.944.81$22,235
Mar 201405395.895.06$268
Feb 201424210897.406.19$24,240
Jan 201422212490.404.86$20,672
Dec 2013012491.824.35$540
Nov 201323012088.853.74$20,884
Oct 201323612497.423.78$23,460
Sep 2013227120104.113.72$24,079
Aug 2013226106104.253.52$23,934
Jul 2013231124102.523.72$24,143
Jun 2013012094.403.93$472
May 201323012094.834.15$22,309
Apr 201322810993.964.28$21,890
Mar 20132375093.623.91$22,384
Feb 201307291.233.42$246
Jan 20132397591.603.42$22,149
Dec 20122389386.773.42$20,969
Nov 20122398486.953.62$21,086
Oct 20122386089.383.40$21,476
Sep 20122756794.672.92$26,230
Aug 201206492.662.91$186
Jul 20122266885.133.02$19,445
Jun 201205879.822.52$146
May 20122207891.612.49$20,348
Apr 201222960101.652.00$23,398
Mar 201220994105.052.22$22,164
Feb 2012234105101.102.57$23,927
Jan 201205398.092.73$145
Dec 2011010496.873.24$337
Nov 201109195.723.31$301
Oct 201108384.983.65$303
Sep 201121011383.623.99$18,011
Aug 201119712183.404.15$16,932
Jul 201121810694.144.52$21,001
Jun 20112239992.904.64$21,176
May 201109598.134.40$418
Apr 2011222103105.964.33$23,969
Mar 2011010996.364.06$442
Feb 20112223885.644.18$19,171
Jan 20112215886.504.59$19,383
Dec 20102189885.734.35$19,115
Nov 201022710680.843.80$18,753
Oct 2010010278.103.51$358
Sep 20102269072.633.98$16,773
Aug 2010012073.684.42$530
Jul 20102109772.554.74$15,695
Jun 2010055770.364.91$2,735
May 201023669071.124.24$19,707
Apr 2010069481.694.12$2,861
Mar 201021370678.394.39$19,795
Feb 201019162173.585.44$17,433
Jan 2010068374.365.96$4,073
Dec 200922944871.445.48$18,816
Nov 200921519874.593.75$16,780
Oct 200923620472.544.11$17,958
Sep 200920816465.543.06$14,135
Aug 200922817067.423.22$15,919
Jul 200918618061.133.46$11,994
Jun 200923016166.163.90$15,844
May 200921516954.743.93$12,433
Apr 200922517046.773.59$11,133
Mar 200922715942.144.06$10,211
Feb 2009020332.814.63$941
Jan 200924022435.865.37$9,810
Dec 200822320837.105.98$9,517
Nov 2008012755.496.86$871
Oct 200820416075.246.92$16,456
Sep 2008218160101.767.88$23,444
Aug 2008228187114.228.48$27,628
Jul 2008228171131.0811.39$31,834
Jun 2008264143131.3313.03$36,535
May 20080139123.1711.57$1,609
Apr 2008223126110.3110.45$25,916
Mar 2008229127101.909.66$24,562
Feb 200823011592.538.77$22,291
Jan 200824915490.388.21$23,768
Dec 2007016488.337.30$1,198
Nov 200723413991.677.29$22,464
Oct 200722413582.856.92$19,493
Sep 200746212475.846.24$35,812
Aug 2007010769.066.39$684
Jul 2007010570.906.39$671
Jun 20074629462.007.55$29,354
May 2007011958.747.85$934
Apr 200743910659.617.81$26,996
Mar 200708456.927.30$613
Feb 20074739355.108.22$26,826
Jan 2007014450.306.73$969
Dec 2006014456.656.92$996
Nov 200645812154.207.62$25,745
Oct 2006011854.906.01$710
Sep 2006012660.085.04$635
Aug 20064688868.717.34$32,802
Jul 200646312169.376.34$32,886
Jun 2006017466.286.38$1,111
May 200646614066.016.42$31,660
Apr 2006040364.397.36$2,966
Mar 200646734656.707.08$28,930
Feb 2006031157.597.75$2,411
Jan 200647031760.598.93$31,309
Dec 200548226354.9413.42$30,009
Nov 200541626154.6910.59$25,515
Oct 200547714158.3413.80$29,773
Sep 200547115761.4512.08$30,839
Aug 2005015261.519.80$1,489
Jul 200545913955.697.84$26,652
Jun 200547213552.337.38$25,696
May 200546713045.226.65$21,982
Apr 200508849.207.36$648
Mar 200546513050.377.15$24,352
Feb 200547611545.226.31$22,251
Jan 200548113743.166.32$21,626
Dec 2004013439.866.75$905
Nov 200447614145.286.33$22,446
Oct 2004015449.706.52$1,003
Sep 200492215143.245.28$40,665
Aug 2004015642.375.55$866
Jul 2004016338.286.08$992
Jun 200446314436.106.43$17,641
May 200447214437.486.49$18,626
Apr 2004013634.475.86$797
Mar 200447314734.365.53$17,065
Feb 2004014832.455.51$815
Jan 200446615532.036.30$15,902
Dec 2003016430.266.30$1,033
Nov 200346316228.804.60$14,079
Oct 200347417528.174.76$14,186
Sep 2003017426.314.75$826
Aug 200346918129.765.13$14,886
Jul 2003018429.415.17$951
Jun 200343318028.565.98$13,443
May 2003018726.595.97$1,117
Apr 200345018226.675.41$12,986
Mar 200345419231.146.10$15,308
Feb 2003015133.487.93$1,197
Jan 200346015730.315.58$14,819
Dec 200246812626.914.85$13,205
Nov 2002014624.664.14$604
Oct 200245615526.464.23$12,721
Sep 2002016327.443.64$593
Aug 200245317225.963.16$12,304
Jul 2002217124.583.06$573
Jun 200246416923.733.34$11,575
May 2002017824.663.58$638
Apr 200245515623.653.51$11,309
Mar 2002018022.003.10$558
Feb 200246516018.222.38$8,852
Jan 2002016817.172.38$399
Dec 200146516616.932.36$8,265
Nov 2001017118.072.41$411
Oct 2001017619.782.53$445
Sep 200146017524.262.25$11,554
Aug 2001019824.873.05$605
Jul 200146021623.933.20$11,698
Jun 2001020824.563.82$795
May 200145520925.524.31$12,512
Apr 2001019824.685.34$1,056
Mar 2001019624.545.38$1,054
Feb 200146017727.755.77$13,786
Jan 2001020027.478.40$1,680
Dec 2000020326.889.12$1,852
Nov 200045720132.215.66$15,857
Oct 2000021631.235.15$1,111
Sep 2000022131.875.19$1,146
Aug 200045823729.644.54$14,651
Jul 2000024128.534.09$986
Jun 2000023529.304.40$1,033
May 200047324427.263.68$13,792
Apr 2000023624.513.12$735
Mar 2000025728.422.86$735
Feb 2000012827.622.73$349
Jan 200044726925.272.48$11,963
Dec 1999023924.282.42$579
Nov 1999023123.192.43$562
Oct 199947024820.982.80$10,556
Sep 1999025921.752.62$678
Aug 1999028719.262.88$825
Jul 199947528417.892.37$9,172
Jun 1999026915.942.36$635
May 1999028715.792.32$666
Apr 199943827015.102.21$7,210
Mar 1999029312.471.84$539
Feb 199902579.981.82$467
Jan 199941733710.381.90$4,969
Dec 199803219.201.77$569
Nov 1998030310.892.19$662
Oct 199842427012.421.97$5,798
Sep 1998027712.592.08$577
Aug 1998029511.301.91$563
Jul 199844029711.742.24$5,830
Jun 1998028911.242.24$647
May 19982529912.622.21$975
Apr 199843025013.042.51$6,234
Mar 1998034012.802.31$785
Feb 199843832713.952.30$6,862
Jan 1998036314.702.15$782
Dec 1997039616.322.41$955
Nov 1997040518.193.09$1,251
Oct 199745942819.253.15$10,184
Sep 1997033017.742.95$975
Aug 199743332517.862.55$8,564
Jul 1997033817.582.25$759
Jun 199743631817.242.26$8,234
May 1997032218.972.31$743
Apr 1997030217.882.08$629
Mar 199746131418.951.94$9,345
Feb 199742444020.492.21$9,658
Jan 1997047123.483.54$1,667
Dec 1996078723.32$0
Nov 199645273721.97$9,930
Oct 1996075923.31$0
Sep 1996038422.22$0
Aug 199647836320.26$9,684
Jul 1996036919.55$0
Jun 199645937018.73$8,597
May 1996040919.43$0
Apr 199646760321.51$10,045
Mar 1996059219.38$0
Feb 199648037216.98$8,150
Jan 1996061817.07$0
Dec 1995063717.19$0
Nov 199545782316.00$7,312
Oct 199544564915.43$6,866
Sep 1995047316.18$0
Aug 199546649615.92$7,419
Jul 1995049615.24$0
Jun 199544145616.41$7,237
May 1995041917.56$0
Apr 199545881417.73$8,120
Mar 199546381116.44$7,612
Feb 1995075216.58$0
Jan 199545980715.92$7,307
Dec 1994088815.03$0
Nov 199446090415.90$7,314
Oct 199442940815.58$6,684
Sep 199446340615.29$7,079
Aug 1994032116.13$0
Jul 199445560017.56$7,990
Jun 199447662617.09$8,135
May 1994062815.88$0
Apr 199446262114.14$6,533
Mar 199447748812.46$5,943
Feb 199446922012.50$5,863
Jan 1994139912.66$13
Dec 199346654412.33$5,746
Nov 199345658214.49$6,607
Oct 199347050115.85$7,450
Sep 199344247215.03$6,643
Aug 199344850415.66$7,016
Jul 199344851415.46$6,926
Jun 19934324916.79$7,253
May 19934471217.68$7,903
Apr 19934832518.05$8,718
Mar 199344766818.14$8,109
Feb 199347565717.90$8,503
Jan 199347076116.93$7,957

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
Oil                  402 bbl  × $ 98.93 =    $39,770
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $39,770

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/31396 is the state's own key, not one this site invented.