MIDLAND FARMS

Operated by AGHORN OPERATING, INC. (P-5 8716) in the COWDEN, NORTH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 716District 08Field 21289001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$2.5 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 193 leases and 3,124 wells, and the rule below applies to all of them.

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

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1974-03-03.

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 20ACRE UNITS PER #8-64059 6-3-74

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
NGPA4none

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
OilDisposition100,574 bbl$2,402,575
Casinghead gasProduction70,572 Mcf$137,734
Total$2,540,310

39,733 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 (13)

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 32.0593, -102.4897. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.05942, -102.48954 · 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
23.1%
3 of 13 wells
With a plug date
23.1%
3 of 13 wells
Median depth
4,765 ft
9 wells filed one
Completion to plug
4.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
323.1%
A plug date is filed
323.1%
BothOn the schedule and plugged. Neither fact cancels the other.
323.1%
NeitherNo plug date, and not on the schedule.
1076.9%

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, 9 of 13 wells. Median 4,765 ft, with the middle half between 4,760 and 4,785 ft; the shallowest is 4,760 ft and the deepest 4,855 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, 8 of 13 wells, Jul 1979 – Apr 2021. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jul 1979 – Apr 2021
8 of 13 wells; 5 filed none
Plug dates filed
Jun 2012 – Dec 2025
3 of 13 wells; 10 filed none

Last completion to plug: a median of 4.7 years across the 2 wells that filed both dates, with the middle half between 4.7 years and 4.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

13 wells

42-1353107164,765 ftJun 2012Yes
42-135076851
42-135076862
42-135076873
42-135076884
42-1353107054,785 ftApr 2021Dec 2025Yes
42-135332809W4,780 ftApr 2021Dec 2025Yes
42-135331767W4,790 ftApr 2020
42-13533281104,760 ftMar 1988
42-13535511144,855 ftMay 1987
42-13535512134,760 ftApr 1987
42-13535365124,760 ftDec 1986
42-1353317584,760 ftJul 1979

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 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20217071.323.90$499
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
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
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 20190053.472.42$0
Sep 2019159055.052.66$8,753
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 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017168942.493.09$7,166
May 20170045.373.26$0
Apr 201708947.933.21$286
Mar 20170546.772.98$15
Feb 20170050.452.95$0
Jan 201704249.413.42$144
Dec 20160048.763.72$0
Nov 201608742.492.64$230
Oct 201602246.193.09$68
Sep 20161661741.553.10$6,950
Aug 201601841.442.92$53
Jul 201601141.622.92$32
Jun 201601545.352.69$40
May 201602042.521.99$40
Apr 20161693536.561.99$6,248
Mar 201604233.011.79$75
Feb 201603726.472.06$76
Jan 20161666027.352.36$4,682
Dec 201505932.362.00$118
Nov 201505338.792.17$115
Oct 20151663443.552.43$7,312
Sep 201504842.992.76$132
Aug 20150940.162.87$26
Jul 201504248.152.95$124
Jun 20150956.152.88$26
May 2015170155.212.96$9,389
Apr 20150049.822.71$0
Mar 2015172042.892.93$7,377
Feb 20150044.662.98$0
Jan 201509643.433.10$298
Dec 20141758454.693.59$9,872
Nov 201409070.464.25$383
Oct 201404478.303.90$172
Sep 201401886.164.05$73
Aug 2014166089.394.04$14,839
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014169095.944.81$16,214
Mar 20140095.895.06$0
Feb 20141782397.406.19$17,480
Jan 201403190.404.86$151
Dec 20131711091.824.35$15,745
Nov 20130788.853.74$26
Oct 2013167097.423.78$16,269
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20131730102.523.72$17,736
Jun 20130094.403.93$0
May 201303994.834.15$162
Apr 20131736093.964.28$16,512
Mar 201307793.623.91$301
Feb 201317413891.233.42$16,346
Jan 201317518691.603.42$16,666
Dec 201217320186.773.42$15,699
Nov 201217424586.953.62$16,017
Oct 2012022289.383.40$755
Sep 20120094.672.92$0
Aug 20121661592.662.91$15,425
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201204105.052.22$9
Feb 2012058101.102.57$149
Jan 2012011998.092.73$325
Dec 201117714296.873.24$17,606
Nov 201106495.723.31$212
Oct 20110084.983.65$0
Sep 20110183.623.99$4
Aug 20110783.404.15$29
Jul 20110094.144.52$0
Jun 2011170292.904.64$15,802
May 201102598.134.40$110
Apr 201100105.964.33$0
Mar 20111751296.364.06$16,912
Feb 201102685.644.18$109
Jan 20111749086.504.59$15,464
Dec 201004085.734.35$174
Nov 20100680.843.80$23
Oct 2010167178.103.51$13,046
Sep 20100072.633.98$0
Aug 201001173.684.42$49
Jul 201016511672.554.74$12,520
Jun 2010011870.364.91$579
May 2010011671.124.24$491
Apr 201016813981.694.12$14,297
Mar 2010015878.394.39$693
Feb 201017114473.585.44$13,366
Jan 2010012174.365.96$722
Dec 200907671.445.48$417
Nov 20091668174.593.75$12,686
Oct 2009011572.544.11$473
Sep 2009011465.543.06$349
Aug 200917311767.423.22$12,040
Jul 2009016161.133.46$558
Jun 200916714866.163.90$11,625
May 2009015654.743.93$612
Apr 200916812346.773.59$8,299
Mar 200906742.144.06$272
Feb 20091686732.814.63$5,822
Jan 200917514935.865.37$7,076
Dec 2008011037.105.98$657
Nov 2008013155.496.86$899
Oct 200817216175.246.92$14,056
Sep 200817767101.767.88$18,539
Aug 20080105114.228.48$891
Jul 20080125131.0811.39$1,424
Jun 2008166100131.3313.03$23,104
May 2008163134123.1711.57$21,628
Apr 20080135110.3110.45$1,411
Mar 200816588101.909.66$17,664
Feb 2008011992.538.77$1,044
Jan 200816714890.388.21$16,308
Dec 200716615588.337.30$15,795
Nov 200706491.677.29$467
Oct 20071646082.856.92$14,003
Sep 20071691075.846.24$12,879
Aug 200704069.066.39$256
Jul 200706770.906.39$428
Jun 200716511062.007.55$11,060
May 200709958.747.85$777
Apr 200716912859.617.81$11,073
Mar 200716716756.927.30$10,725
Feb 2007016055.108.22$1,315
Jan 200715518050.306.73$9,007
Dec 2006017756.656.92$1,225
Nov 2006010154.207.62$769
Oct 200616315154.906.01$9,857
Sep 2006017160.085.04$861
Aug 200614916268.717.34$11,427
Jul 2006018269.376.34$1,154
Jun 200617917966.286.38$13,007
May 200617518766.016.42$12,753
Apr 2006017564.397.36$1,288
Mar 200617818256.707.08$11,382
Feb 200617416857.597.75$11,323
Jan 2006020060.598.93$1,787
Dec 200517514654.9413.42$11,573
Nov 200517019754.6910.59$11,383
Oct 200517719658.3413.80$13,030
Sep 2005019461.4512.08$2,343
Aug 200516921061.519.80$12,453
Jul 200516919955.697.84$10,972
Jun 200517118952.337.38$10,343
May 2005021445.226.65$1,423
Apr 200517021549.207.36$9,947
Mar 200503750.377.15$265
Feb 200517112445.226.31$8,515
Jan 200516818343.166.32$8,408
Dec 200416718539.866.75$7,906
Nov 200416919045.286.33$8,855
Oct 200416719549.706.52$9,570
Sep 2004020643.245.28$1,088
Aug 200418321042.375.55$8,919
Jul 200417810838.286.08$7,471
Jun 200401236.106.43$77
May 20040537.486.49$32
Apr 2004178834.475.86$6,183
Mar 200401234.365.53$66
Feb 20041721232.455.51$5,648
Jan 20040832.036.30$50
Dec 200302130.266.30$132
Nov 200318717628.804.60$6,194
Oct 20031836428.174.76$5,460
Sep 2003189626.314.75$5,001
Aug 20030129.765.13$5
Jul 2003182029.415.17$5,353
Jun 2003170028.565.98$4,855
May 20030026.595.97$0
Apr 2003176026.675.41$4,694
Mar 20030031.146.10$0
Feb 2003180033.487.93$6,026
Jan 20030030.315.58$0
Dec 2002192026.914.85$5,167
Nov 20020024.664.14$0
Oct 2002185126.464.23$4,899
Sep 2002182027.443.64$4,994
Aug 2002179025.963.16$4,647
Jul 20020724.583.06$21
Jun 20021773323.733.34$4,310
May 20020524.663.58$18
Apr 20021721123.653.51$4,106
Mar 2002178822.003.10$3,941
Feb 20020618.222.38$14
Jan 2002171817.172.38$2,955
Dec 200101416.932.36$33
Nov 20011882018.072.41$3,445
Oct 20011782819.782.53$3,592
Sep 200135211224.262.25$8,792
Aug 200134911924.873.05$9,043
Jul 200104823.933.20$153
Jun 200136220924.563.82$9,690
May 200136129025.524.31$10,462
Apr 200136423324.685.34$10,227
Mar 200136031724.545.38$10,539
Feb 200173028227.755.77$21,884
Jan 200135933027.478.40$12,633
Dec 200037133126.889.12$12,992
Nov 200036530432.215.66$13,477
Oct 200036631431.235.15$13,046
Sep 200072128031.875.19$24,430
Aug 200036528129.644.54$12,095
Jul 200036023028.534.09$11,211
Jun 200037632329.304.40$12,437
May 200036529227.263.68$11,024
Apr 200072933124.513.12$18,899
Mar 200037935628.422.86$11,789
Feb 200071736427.622.73$20,796
Jan 200036139325.272.48$10,097
Dec 199971354724.282.42$18,637
Nov 199935248923.192.43$9,353
Oct 199935546620.982.80$8,754
Sep 1999020121.752.62$526
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 199901115.102.21$24
Mar 1999162912.471.84$2,037
Feb 19990529.981.82$95
Jan 199950717010.381.90$5,586
Dec 19985102379.201.77$5,112
Nov 199849931810.892.19$6,129
Oct 199850929212.421.97$6,897
Sep 199832837812.592.08$4,917
Aug 199883548311.301.91$10,357
Jul 199850545211.742.24$6,940
Jun 199866240211.242.24$8,340
May 199879249312.622.21$11,083
Apr 199867843913.042.51$9,941
Mar 199867041112.802.31$9,525
Feb 199870441613.952.30$10,777
Jan 19981,07946914.702.15$16,872
Dec 199778946516.322.41$13,998
Nov 199787241018.193.09$17,128
Oct 19977176719.253.15$14,013
Sep 199784630917.742.95$15,921
Aug 19971,09419917.862.55$20,047
Jul 199735027617.582.25$6,773
Jun 199770839417.242.26$13,095
May 199789040218.972.31$17,811
Apr 199770044217.882.08$13,437
Mar 19971,02865718.951.94$20,755
Feb 199787854520.492.21$19,192
Jan 199787259323.483.54$22,574
Dec 19961,08564723.32$25,302
Nov 199685969521.97$18,872
Oct 199688378723.31$20,583
Sep 199697969022.22$21,753
Aug 19968651,69520.26$17,525
Jul 19968661,43419.55$16,930
Jun 19968861,25018.73$16,595
May 19961,0501,10119.43$20,402
Apr 19961,2221,07321.51$26,285
Mar 19961,04374619.38$20,213
Feb 199688292516.98$14,976
Jan 19961,03488717.07$17,650
Dec 19951,14293817.19$19,631
Nov 199573378916.00$11,728
Oct 199599234615.43$15,307
Sep 199590423016.18$14,627
Aug 19951,06625415.92$16,971
Jul 19951,07571115.24$16,383
Jun 199587550916.41$14,359
May 19951,07151717.56$18,807
Apr 199586676217.73$15,354
Mar 19951,07176616.44$17,607
Feb 199576545916.58$12,684
Jan 19951,08371415.92$17,241
Dec 19941,14751815.03$17,239
Nov 19941,08598415.90$17,252
Oct 19941,13986015.58$17,746
Sep 19941,06669415.29$16,299
Aug 19941,14962916.13$18,533
Jul 19941,09344717.56$19,193
Jun 19941,05471617.09$18,013
May 19941,20338515.88$19,104
Apr 19941,38651014.14$19,598
Mar 19941,67655112.46$20,883
Feb 19941,14825412.50$14,350
Jan 19941,51374612.66$19,155
Dec 19931,46684412.33$18,076
Nov 19931,49667814.49$21,677
Oct 19931,5801,00515.85$25,043
Sep 19931,5371,03915.03$23,101
Aug 19931,5501,13915.66$24,273
Jul 19931,7301,17615.46$26,746
Jun 19931,6801,34316.79$28,207
May 19931,7581,14117.68$31,081
Apr 19931,7501,35618.05$31,588
Mar 19931,5091,26218.14$27,373
Feb 19931,5001,14617.90$26,850
Jan 19931,7791,38516.93$30,118

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.

Dec 2021 — as filed, then multipliedworked
Oil                    7 bbl  × $ 71.32 =       $499
Casinghead gas         0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                     $499

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/716 is the state's own key, not one this site invented.