PAN HEAD

Operated by GORDY OIL COMPANY (P-5 317150) in the WOLFBONE (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 54022District 08Field 98359800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$28.2 M
Apr 2020 – May 2026
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
74
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 1,266 leases and 2,377 wells, and the rule below applies to all of them.

Discovered
2010-11-30
as the register files it
Field class
Oil and gas
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 40 acres. The field rule took effect on 2015-04-08.

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: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
OilDisposition331,842 bbl$26,347,178
Casinghead gasProduction436,682 Mcf$1,857,857
Total$28,205,036

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 30.8738, -102.7247. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.87378, -102.72471 · 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
8,222 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 8,222 ft.

Completions filed
May 2021
1 of 1 wells

1 well

42-371401251H8,222 ftMay 2021

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 (74)

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

74 months

May 20261,8134,734106.413.05$207,340
Apr 20262,8305,91398.932.87$296,941
Mar 20261,9612,83589.753.15$184,928
Feb 20261,3182,94563.503.75$94,738
Jan 20261,5542,63759.138.00$112,979
Dec 20252,2545,56956.664.41$152,290
Nov 20251,9535,61558.593.93$136,473
Oct 20253,2398,87459.383.30$221,659
Sep 20252,7988,62562.743.08$202,085
Aug 20253,1169,63063.933.01$228,238
Jul 20252,3574,74366.743.32$173,030
Jun 20253,3559,22966.483.13$251,915
May 20253,3339,36460.553.23$232,081
Apr 20253,2828,83362.363.54$235,962
Mar 20253,7769,77567.704.27$297,358
Feb 20253,3577,96070.884.34$272,497
Jan 20252,4325,59274.324.28$204,673
Dec 20242,6985,03768.993.12$201,857
Nov 20242,8987,02069.052.20$215,540
Oct 20243,3867,95971.372.28$259,816
Sep 20243,2265,40069.612.36$237,329
Aug 20243,2585,96175.632.06$258,704
Jul 20243,4315,50179.932.15$286,048
Jun 20243,5356,76878.082.63$293,840
May 20245,0159,31078.812.20$415,700
Apr 20243,3405,94684.451.66$291,929
Mar 20244,3435,66780.301.55$357,499
Feb 20243,9154,91176.091.78$306,652
Jan 20243,6545,20173.023.30$283,966
Dec 20234,6596,09971.262.61$347,923
Nov 20234,4384,79377.892.81$359,132
Oct 20234,5805,30985.443.09$407,706
Sep 20234,3114,73789.042.74$396,807
Aug 20234,8115,00480.522.67$400,757
Jul 20234,7855,08174.852.64$371,580
Jun 20235,1694,63968.962.26$366,931
May 20235,6404,89770.622.23$409,204
Apr 20235,7254,94078.122.24$458,292
Mar 20236,0755,09472.852.39$454,755
Feb 20235,1805,40075.112.47$402,384
Jan 20236,8626,49776.533.39$547,159
Dec 20226,2924,12176.415.73$504,381
Nov 20226,8727,70085.005.65$627,596
Oct 20227,4554,98987.185.86$679,181
Sep 20225,96536,87684.888.16$807,353
Aug 20227,2974,70694.529.13$732,665
Jul 20226,3273,726101.587.54$670,798
Jun 20227,2519,543115.097.98$910,644
May 20227,6458,778109.378.43$910,159
Apr 20228,0676,699104.226.84$886,548
Mar 20229,7774,439108.885.08$1,087,054
Feb 20228,8434,44991.054.86$826,772
Jan 202210,27223,37581.844.54$946,729
Dec 202111,1015,40671.323.90$812,802
Nov 202110,6977,19677.435.24$865,953
Oct 202112,48912,64379.795.71$1,068,738
Sep 202112,2956,46069.865.35$893,496
Aug 202111,5428,06966.024.22$796,059
Jul 202115,06610,53370.783.98$1,108,315
Jun 202116,92715,84369.493.38$1,229,816
May 202101,08763.483.02$3,280
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
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 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$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.

May 2026 — as filed, then multipliedworked
Oil                1,813 bbl  × $106.41 =   $192,921
Casinghead gas     4,734 Mcf  × $  3.05 =    $14,419

────────────────────────────────────────────────────
Month total                                 $207,340

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/54022 is the state's own key, not one this site invented.