PANHEAD 10 13

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the KEYSTONE, SOUTH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 43103District 08Field 49133001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$6.7 M
Jan 2013 – May 2026
Value, last 12 filed months
$104 k
at the published price for each month
Months reported
161
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 11 leases and 91 wells, and the rule below applies to all of them.

Discovered
1958-07-07
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 20 acres. The field rule took effect on 2025-04-29.

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: PERM. GAS WELL CLASSIFICATION WITHIN 180 DAYS OF COMPLETION DATE

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
OilDisposition85,615 bbl$6,088,089
Casinghead gasProduction159,489 Mcf$566,871
Total$6,654,960

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 31.7678, -102.9419. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.76777, -102.94194 · 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
8,695 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 8,695 ft.

Completions filed
Jan 2013
1 of 1 wells

1 well

42-4953339418,695 ftJan 2013

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 (161)

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

161 months

May 20260434106.413.05$1,322
Apr 202617739298.932.87$18,636
Mar 202616744589.753.15$16,390
Feb 2026045963.503.75$1,721
Jan 2026017659.138.00$1,408
Dec 202516865156.664.41$12,392
Nov 202513718958.593.93$8,769
Oct 202516528959.383.30$10,753
Sep 20251788162.743.08$11,417
Aug 20251671863.933.01$10,731
Jul 2025164066.743.32$10,945
Jun 20250066.483.13$0
May 20250260.553.23$6
Apr 20250762.363.54$25
Mar 20250067.704.27$0
Feb 2025175070.884.34$12,404
Jan 202517157274.324.28$15,156
Dec 2024181068.993.12$12,487
Nov 202435380269.052.20$26,138
Oct 202419075471.372.28$15,280
Sep 202417354769.612.36$13,336
Aug 202434666775.632.06$27,544
Jul 202418261279.932.15$15,861
Jun 202418258678.082.63$15,754
May 202437153978.812.20$30,423
Apr 202435066684.451.66$30,663
Mar 202416937780.301.55$14,153
Feb 202435591776.091.78$28,648
Jan 202435383173.023.30$28,516
Dec 20233661,09371.262.61$28,935
Nov 202319152177.892.81$16,340
Oct 202337356585.443.09$33,613
Sep 2023093989.042.74$2,568
Aug 20231771,04780.522.67$17,051
Jul 20231901,29074.852.64$17,629
Jun 20231861,25168.962.26$15,652
May 20231851,19170.622.23$15,718
Apr 202318697178.122.24$16,703
Mar 202333889272.852.39$26,758
Feb 2023068875.112.47$1,696
Jan 202335212576.533.39$27,362
Dec 2022012476.415.73$710
Nov 2022012085.005.65$678
Oct 202201,22787.185.86$7,195
Sep 202201,28484.888.16$10,482
Aug 20221771,12694.529.13$27,007
Jul 20220580101.587.54$4,374
Jun 202219075115.097.98$22,465
May 2022195788109.378.43$27,972
Apr 2022364753104.226.84$43,085
Mar 20220813108.885.08$4,127
Feb 202238287091.054.86$39,008
Jan 20221961,12981.844.54$21,164
Dec 20213731,23571.323.90$31,418
Nov 20211951,13377.435.24$21,032
Oct 20213941,11479.795.71$37,803
Sep 20211861,06169.865.35$18,671
Aug 20213731,22766.024.22$29,804
Jul 202119267370.783.98$16,270
Jun 202118622269.493.38$13,676
May 202117875263.483.02$13,569
Apr 202137279560.362.76$24,647
Mar 202137490961.302.72$25,396
Feb 202119368757.805.55$14,967
Jan 20211941,06150.412.81$12,761
Dec 20203701,08844.642.68$19,428
Nov 20203651,02738.772.71$16,931
Oct 202018987836.972.48$9,163
Sep 202038477637.091.99$15,788
Aug 202033470739.982.39$15,040
Jul 202016396438.371.83$8,014
Jun 202032324034.901.69$11,678
May 202016492816.921.81$4,459
Apr 20203951,44714.751.80$8,437
Mar 202039289130.341.86$13,547
Feb 20203961,04649.881.98$21,824
Jan 20203561,21357.252.09$22,922
Dec 20197341,36359.012.30$46,454
Nov 20195661,81555.302.75$36,292
Oct 20191951,23353.472.42$13,409
Sep 20195791,34255.052.66$35,440
Aug 20193781,47553.112.30$23,475
Jul 201951499056.272.46$31,358
Jun 201950091552.782.49$28,669
May 201932784458.482.74$21,436
Apr 201967741462.632.75$43,539
Mar 201917119456.803.06$10,307
Feb 201986018350.852.79$44,242
Jan 201932530646.033.23$15,948
Dec 2018014446.594.19$603
Nov 201868784052.934.24$39,922
Oct 201834945561.443.40$22,989
Sep 201851369359.543.11$32,698
Aug 201853429259.403.07$32,615
Jul 201851459965.142.93$35,238
Jun 201874811960.183.08$45,381
May 201836112265.382.90$23,956
Apr 201817937863.842.90$12,524
Mar 201834939961.222.79$22,478
Feb 201853756361.782.77$34,733
Jan 201817415262.874.01$11,549
Dec 2017025557.272.92$745
Nov 201720216255.423.12$11,700
Oct 201755412849.292.98$27,689
Sep 20175155247.523.09$24,633
Aug 201734246045.373.00$16,899
Jul 201768727043.873.09$30,972
Jun 2017517042.493.09$21,967
May 201751814545.373.26$23,975
Apr 20173364547.933.21$16,249
Mar 201770264246.772.98$34,748
Feb 201716989550.452.95$11,169
Jan 20177031,08049.413.42$38,428
Dec 20165461,27848.763.72$31,381
Nov 20161,0361,07042.492.64$46,849
Oct 20163481,07046.193.09$19,381
Sep 20163491,47841.553.10$19,084
Aug 20166841,59541.442.92$33,009
Jul 20165111,34741.622.92$25,207
Jun 20168231,45145.352.69$41,220
May 20166831,48542.521.99$31,998
Apr 20166691,60336.561.99$27,650
Mar 20166781,33233.011.79$24,770
Feb 20166751,31126.472.06$20,573
Jan 20166901,56327.352.36$22,567
Dec 20159131,60932.362.00$32,765
Nov 20156761,18238.792.17$28,784
Oct 20155443743.552.43$23,781
Sep 2015738742.992.76$31,746
Aug 20159032440.162.87$36,333
Jul 20155445048.152.95$26,341
Jun 2015746656.152.88$41,905
May 20155566655.212.96$30,892
Apr 20155632749.822.71$28,122
Mar 20157499742.892.93$32,409
Feb 201588820344.662.98$40,262
Jan 201576233143.433.10$34,120
Dec 20141,16034254.693.59$64,669
Nov 201438883070.464.25$30,868
Oct 20149641,54778.303.90$81,516
Sep 20149391,35986.164.05$86,402
Aug 20149521,92489.394.04$92,863
Jul 20149182,05296.564.18$97,219
Jun 20141,1281,52098.164.74$117,925
May 20141,1011,94594.734.73$113,491
Apr 20149062,20995.944.81$97,545
Mar 20141,2242,51995.895.06$130,107
Feb 20141,2432,32397.406.19$135,452
Jan 20149662,47490.404.86$99,352
Dec 20131,3003,23391.824.35$133,444
Nov 20131,4903,06088.853.74$143,826
Oct 20131,8852,34497.423.78$192,496
Sep 20131,4892,833104.113.72$165,552
Aug 20131,8934,961104.253.52$214,821
Jul 20132,5656,360102.523.72$286,609
Jun 20132,6173,69894.403.93$261,591
May 20131,7123,93094.834.15$178,655
Apr 20131,7093,43393.964.28$175,280
Mar 20132,2264,11293.623.91$224,488
Feb 20132,8594,53991.233.42$276,350
Jan 20133,7283,20791.603.42$352,452

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                    0 bbl  × $106.41 =         $0
Casinghead gas       434 Mcf  × $  3.05 =     $1,322

────────────────────────────────────────────────────
Month total                                   $1,322

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/43103 is the state's own key, not one this site invented.