RHOADES, T.N.

Operated by OAKRIDGE OIL AND GAS, LP (P-5 617342) in the LUNA-MAG (BEND CONGLOMERATE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 234323District 09Field 557135002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Feb 2008 – May 2026
Value, last 12 filed months
$62 k
at the published price for each month
Months reported
220
no gaps in the span
Streams
2
condensate, 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 15 wells, and the rule below applies to all of them.

Discovered
1955-04-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 08/01/2008.

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
High Cost Gas112008-08-28182740
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
CondensateDisposition9,798 bbl$776,740
GasProduction439,927 Mcf$2,201,500
Total$2,978,240

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 33.1200, -98.0807. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.12001, -98.08067 · 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
6,045 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 6,045 ft.

Completions filed
Feb 2008
1 of 1 wells

1 well

42-23739194A 16,045 ftFeb 2008

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 (220)

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

220 months

May 202601,117106.413.05$3,402
Apr 2026241,11498.932.87$5,571
Mar 2026411,16389.753.15$7,343
Feb 2026085463.503.75$3,203
Jan 2026851,12259.138.00$14,000
Dec 202501,15856.664.41$5,111
Nov 2025671,09758.593.93$8,233
Oct 2025011159.383.30$367
Sep 202501,13262.743.08$3,483
Aug 202501,23763.933.01$3,729
Jul 202501,22666.743.32$4,064
Jun 202501,20566.483.13$3,770
May 202501,20360.553.23$3,888
Apr 202501,14162.363.54$4,043
Mar 202501,23867.704.27$5,284
Feb 202511,07870.884.34$4,750
Jan 2025721,20374.324.28$10,498
Dec 202401,21968.993.12$3,805
Nov 202401,16369.052.20$2,557
Oct 202401,21971.372.28$2,781
Sep 202401,15869.612.36$2,738
Aug 2024661,16275.632.06$7,390
Jul 202401,19679.932.15$2,567
Jun 202401,12578.082.63$2,963
May 2024991,21078.812.20$10,462
Apr 202401,16184.451.66$1,926
Mar 202401,22180.301.55$1,887
Feb 20241011,24576.091.78$9,906
Jan 202401,11073.023.30$3,660
Dec 202301,16471.262.61$3,039
Nov 202301,12477.892.81$3,156
Oct 2023841,16885.443.09$10,783
Sep 202301,12889.042.74$3,085
Aug 202301,19980.522.67$3,205
Jul 202301,00174.852.64$2,644
Jun 2023651,11668.962.26$7,003
May 202301,15470.622.23$2,570
Apr 202311,14278.122.24$2,634
Mar 202301,13172.852.39$2,707
Feb 20231291,03875.112.47$12,249
Jan 202301,19476.533.39$4,045
Dec 202211,17576.415.73$6,808
Nov 202201,10785.005.65$6,250
Oct 202201,22587.185.86$7,183
Sep 202201,19684.888.16$9,764
Aug 2022691,16694.529.13$17,164
Jul 202201,215101.587.54$9,164
Jun 2022711,219115.097.98$17,896
May 202201,270109.378.43$10,710
Apr 202201,209104.226.84$8,267
Mar 2022641,264108.885.08$13,385
Feb 202201,16291.054.86$5,646
Jan 2022821,28381.844.54$12,533
Dec 202101,38571.323.90$5,400
Nov 202111,19977.435.24$6,356
Oct 2021831,37479.795.71$14,473
Sep 202101,38169.865.35$7,390
Aug 202101,27266.024.22$5,369
Jul 20211231,53070.783.98$14,799
Jun 202101,08269.493.38$3,658
May 202101,43263.483.02$4,321
Apr 202101,12560.362.76$3,103
Mar 20211651,47161.302.72$14,111
Feb 202101,06757.805.55$5,920
Jan 202101,33150.412.81$3,740
Dec 202001,32544.642.68$3,545
Nov 202001,31038.772.71$3,546
Oct 2020631,45236.972.48$5,928
Sep 202001,44037.091.99$2,867
Aug 202001,42539.982.39$3,399
Jul 2020981,52538.371.83$6,544
Jun 202001,43834.901.69$2,431
May 202001,60516.921.81$2,913
Apr 2020821,58014.751.80$4,060
Mar 2020861,11530.341.86$4,679
Feb 2020078249.881.98$1,549
Jan 20201192,05057.252.09$11,107
Dec 20191652,67659.012.30$15,903
Nov 201903,53155.302.75$9,713
Oct 201911259353.472.42$7,423
Sep 2019080755.052.66$2,144
Aug 2019082453.112.30$1,899
Jul 2019099156.272.46$2,438
Jun 201901,06652.782.49$2,656
May 2019831,47158.482.74$8,885
Apr 201901,61162.632.75$4,431
Mar 201910189256.803.06$8,468
Feb 2019076550.852.79$2,136
Jan 2019077946.033.23$2,515
Dec 201801,24846.594.19$5,223
Nov 201801,41552.934.24$5,996
Oct 20181721,48461.443.40$15,610
Sep 201801,69959.543.11$5,280
Aug 2018082959.403.07$2,542
Jul 2018085465.142.93$2,504
Jun 2018091560.183.08$2,815
May 20186498365.382.90$7,036
Apr 2018096463.842.90$2,796
Mar 201801,02761.222.79$2,862
Feb 2018093261.782.77$2,578
Jan 201801,01562.874.01$4,069
Dec 201701,01557.272.92$2,965
Nov 2017090855.423.12$2,831
Oct 2017093949.292.98$2,802
Sep 2017095747.523.09$2,955
Aug 201701,07845.373.00$3,239
Jul 20171481,16043.873.09$10,074
Jun 201701,44442.493.09$4,458
May 201701,58345.373.26$5,166
Apr 201701,11547.933.21$3,581
Mar 20171701,13246.772.98$11,328
Feb 201701,16350.452.95$3,434
Jan 2017371,20549.413.42$5,948
Dec 201601,26748.763.72$4,717
Nov 201601,32642.492.64$3,506
Oct 201601,30246.193.09$4,024
Sep 201601,39041.553.10$4,310
Aug 20161671,45041.442.92$11,161
Jul 201601,46041.622.92$4,270
Jun 201601,36645.352.69$3,669
May 201601,58142.521.99$3,148
Apr 201601,63336.561.99$3,251
Mar 201601,54433.011.79$2,770
Feb 201601,12926.472.06$2,330
Jan 201601,15427.352.36$2,728
Dec 201501,18832.362.00$2,378
Nov 201501,31138.792.17$2,841
Oct 201501,26843.552.43$3,077
Sep 201501,09142.992.76$3,009
Aug 2015049640.162.87$1,425
Jul 2015106048.152.95$5,104
Jun 201501,50056.152.88$4,324
May 201501,57555.212.96$4,655
Apr 2015711,49549.822.71$7,584
Mar 201501,58142.892.93$4,640
Feb 201501,54844.662.98$4,607
Jan 201501,88643.433.10$5,848
Dec 2014711,83454.693.59$10,470
Nov 201401,59570.464.25$6,782
Oct 201401,70378.303.90$6,643
Sep 201401,69986.164.05$6,873
Aug 20142531,76689.394.04$29,742
Jul 201401,68896.564.18$7,055
Jun 201401,45298.164.74$6,878
May 2014841,49794.734.73$15,033
Apr 201401,57095.944.81$7,550
Mar 2014991,59295.895.06$17,544
Feb 201401,04997.406.19$6,495
Jan 20141581,10190.404.86$19,635
Dec 201301,92991.824.35$8,400
Nov 201301,53388.853.74$5,731
Oct 201302,05797.423.78$7,774
Sep 201301,690104.113.72$6,283
Aug 2013762,755104.253.52$17,628
Jul 20130727102.523.72$2,703
Jun 201301,05194.403.93$4,134
May 20131261,08594.834.15$16,450
Apr 201301,44193.964.28$6,171
Mar 20131711,67893.623.91$22,575
Feb 201301,36491.233.42$4,665
Jan 201301,25591.603.42$4,292
Dec 201201,39486.773.42$4,768
Nov 20121771,49286.953.62$20,799
Oct 201201,60289.383.40$5,446
Sep 201201,57494.672.92$4,594
Aug 201201,76292.662.91$5,124
Jul 20121721,75285.133.02$19,935
Jun 201201,88879.822.52$4,756
May 201202,00291.612.49$4,982
Apr 20121711,989101.652.00$21,354
Mar 201201,624105.052.22$3,609
Feb 201201,623101.102.57$4,172
Jan 201201,90798.092.73$5,214
Dec 201101,94096.873.24$6,285
Nov 20111702,02295.723.31$22,968
Oct 201102,40084.983.65$8,757
Sep 201101,82283.623.99$7,262
Aug 201102,21683.404.15$9,195
Jul 20111502,25094.144.52$24,285
Jun 201102,43092.904.64$11,275
May 201102,67798.134.40$11,792
Apr 20111522,497105.964.33$26,926
Mar 20111602,71896.364.06$26,445
Feb 201102,38885.644.18$9,982
Jan 201102,40286.504.59$11,022
Dec 20101702,68085.734.35$26,226
Nov 201002,54180.843.80$9,644
Oct 2010353,17778.103.51$13,881
Sep 20101832,50972.633.98$23,276
Aug 201002,93073.684.42$12,949
Jul 20101853,00872.554.74$27,669
Jun 201002,83670.364.91$13,926
May 201002,73471.124.24$11,579
Apr 201003,30281.694.12$13,613
Mar 20102804,15578.394.39$40,184
Feb 201003,18373.585.44$17,323
Jan 201002,81274.365.96$16,771
Dec 200902,85171.445.48$15,634
Nov 200903,47674.593.75$13,040
Oct 20091892,81472.544.11$25,276
Sep 200903,10565.543.06$9,516
Aug 20093043,69467.423.22$32,385
Jul 200903,71861.133.46$12,881
Jun 200903,74666.163.90$14,591
May 20091854,00454.743.93$25,846
Apr 20091694,11146.773.59$22,652
Mar 200904,59842.144.06$18,663
Feb 20091774,33932.814.63$25,910
Jan 200915,10735.865.37$27,466
Dec 20081545,56137.105.98$38,952
Nov 20081875,90355.496.86$50,873
Oct 20081767,39575.246.92$64,430
Sep 200806,232101.767.88$49,090
Aug 20083528,147114.228.48$109,317
Jul 20082019,273131.0811.39$131,961
Jun 20081956,716131.3313.03$113,136
May 20081949,893123.1711.57$138,399
Apr 20083409,292110.3110.45$134,652
Mar 200859315,203101.909.66$207,350
Feb 2008021,45592.538.77$188,173

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
Condensate             0 bbl  × $106.41 =         $0
Gas                1,117 Mcf  × $  3.05 =     $3,402

────────────────────────────────────────────────────
Month total                                   $3,402

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. 09/G/234323 is the state's own key, not one this site invented.