MIKE CHERRYHOMES

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

Gas lease lease 240786District 09Field 453756662 tax incentive programmesCondensateGasSaveExport
Value, all time
$590 k
Aug 2007 – May 2026
Value, last 12 filed months
$88 k
at the published price for each month
Months reported
226
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1965-05-25
as the register files it
Field class
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 01/01/2009.

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 Gas112008-11-05186730
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
CondensateDisposition818 bbl$54,272
GasProduction112,939 Mcf$535,759
Total$590,032

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 33.1375, -98.0711. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.13745, -98.07108 · 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
6,115 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 6,115 ft.

Completions filed
Aug 2024
1 of 1 wells

1 well

42-23739107D 86,115 ftAug 2024

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 (226)

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

226 months

May 202601,318106.413.05$4,014
Apr 202601,33098.932.87$3,817
Mar 2026511,43589.753.15$9,097
Feb 202601,34263.503.75$5,033
Jan 20261051,50159.138.00$18,214
Dec 2025831,59756.664.41$11,751
Nov 202501,56758.593.93$6,153
Oct 202501,69659.383.30$5,605
Sep 2025861,70662.743.08$10,645
Aug 202501,77363.933.01$5,345
Jul 202501,84966.743.32$6,130
Jun 2025074266.483.13$2,322
May 202501,63160.553.23$5,272
Apr 20251311,85762.363.54$14,749
Mar 202501,99967.704.27$8,532
Feb 202501,92570.884.34$8,356
Jan 202502,26474.324.28$9,687
Dec 20241122,42468.993.12$15,293
Nov 202402,42169.052.20$5,322
Oct 202402,37571.372.28$5,418
Sep 20241092,15469.612.36$12,680
Aug 2024039275.632.06$809
Jul 20240079.932.15$0
Jun 202402578.082.63$66
May 2024025878.812.20$567
Apr 2024018984.451.66$314
Mar 2024020880.301.55$321
Feb 2024022276.091.78$396
Jan 2024028073.023.30$923
Dec 2023032971.262.61$859
Nov 20233534677.892.81$3,698
Oct 2023026485.443.09$815
Sep 2023019289.042.74$525
Aug 2023021280.522.67$567
Jul 2023028674.852.64$756
Jun 2023016668.962.26$375
May 2023032670.622.23$726
Apr 2023035778.122.24$799
Mar 202304272.852.39$101
Feb 2023013975.112.47$343
Jan 2023027176.533.39$918
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 2022020687.185.86$1,208
Sep 2022023884.888.16$1,943
Aug 2022016094.529.13$1,460
Jul 20220158101.587.54$1,192
Jun 20220245115.097.98$1,954
May 20220225109.378.43$1,897
Apr 20220247104.226.84$1,689
Mar 20220206108.885.08$1,046
Feb 2022020991.054.86$1,016
Jan 2022026681.844.54$1,207
Dec 2021027371.323.90$1,064
Nov 2021023077.435.24$1,204
Oct 2021026879.795.71$1,531
Sep 2021028869.865.35$1,541
Aug 2021031766.024.22$1,338
Jul 2021045870.783.98$1,824
Jun 2021039069.493.38$1,318
May 2021029963.483.02$902
Apr 2021024560.362.76$676
Mar 2021026561.302.72$720
Feb 2021028957.805.55$1,603
Jan 2021034950.412.81$981
Dec 2020036544.642.68$977
Nov 2020037838.772.71$1,023
Oct 2020039536.972.48$979
Sep 2020040837.091.99$812
Aug 2020042539.982.39$1,014
Jul 2020041138.371.83$750
Jun 2020043434.901.69$734
May 2020050016.921.81$907
Apr 2020054414.751.80$982
Mar 2020071330.341.86$1,323
Feb 2020049349.881.98$976
Jan 202001,00457.252.09$2,103
Dec 201901,83659.012.30$4,231
Nov 201902,92055.302.75$8,032
Oct 20190053.472.42$0
Sep 20190055.052.66$0
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 20198050.852.79$407
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 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150140.162.87$3
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140796.564.18$29
Jun 2014025398.164.74$1,198
May 2014053494.734.73$2,524
Apr 20140095.944.81$0
Mar 2014020595.895.06$1,037
Feb 2014029397.406.19$1,814
Jan 2014041090.404.86$1,993
Dec 2013060591.824.35$2,634
Nov 2013060288.853.74$2,250
Oct 2013050697.423.78$1,912
Sep 201300104.113.72$0
Aug 20130137104.253.52$483
Jul 20130184102.523.72$684
Jun 2013030594.403.93$1,200
May 2013069094.834.15$2,863
Apr 2013096793.964.28$4,141
Mar 201303593.623.91$137
Feb 201302591.233.42$86
Jan 201302391.603.42$79
Dec 201204286.773.42$144
Nov 2012022486.953.62$812
Oct 2012026889.383.40$911
Sep 2012030194.672.92$878
Aug 2012035692.662.91$1,035
Jul 2012017885.133.02$538
Jun 2012014479.822.52$363
May 2012017991.612.49$445
Apr 20120112101.652.00$224
Mar 2012061105.052.22$136
Feb 20120309101.102.57$794
Jan 2012042698.092.73$1,165
Dec 2011841296.873.24$2,110
Nov 2011038795.723.31$1,281
Oct 2011047984.983.65$1,748
Sep 2011045883.623.99$1,826
Aug 2011028683.404.15$1,187
Jul 2011038794.144.52$1,748
Jun 2011074592.904.64$3,457
May 2011070798.134.40$3,114
Apr 20110261105.964.33$1,131
Mar 2011043396.364.06$1,757
Feb 2011019885.644.18$828
Jan 2011027786.504.59$1,271
Dec 2010018885.734.35$817
Nov 2010019780.843.80$748
Oct 2010026078.103.51$912
Sep 2010032972.633.98$1,309
Aug 2010020073.684.42$884
Jul 2010019172.554.74$905
Jun 2010029070.364.91$1,424
May 2010026471.124.24$1,118
Apr 2010026581.694.12$1,093
Mar 2010028978.394.39$1,268
Feb 2010031873.585.44$1,731
Jan 2010032574.365.96$1,938
Dec 2009036471.445.48$1,996
Nov 2009038674.593.75$1,448
Oct 2009043072.544.11$1,767
Sep 2009078465.543.06$2,403
Aug 2009854667.423.22$5,879
Jul 2009043961.133.46$1,521
Jun 2009047566.163.90$1,850
May 2009457054.743.93$2,457
Apr 2009153546.773.59$1,966
Mar 2009065442.144.06$2,655
Feb 2009070232.814.63$3,252
Jan 2009054135.865.37$2,906
Dec 2008063537.105.98$3,795
Nov 2008073455.496.86$5,036
Oct 2008089675.246.92$6,202
Sep 20080900101.767.88$7,089
Aug 200801,339114.228.48$11,359
Jul 200801,103131.0811.39$12,563
Jun 20080826131.3313.03$10,765
May 20080991123.1711.57$11,470
Apr 200801,116110.3110.45$11,668
Mar 200801,672101.909.66$16,158
Feb 200801,59692.538.77$13,998
Jan 200802,00190.388.21$16,420
Dec 200702,02088.337.30$14,750
Nov 200702,23191.677.29$16,268
Oct 200702,59782.856.92$17,976
Sep 200704,90375.846.24$30,615
Aug 200706,85869.066.39$43,808

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                1,318 Mcf  × $  3.05 =     $4,014

────────────────────────────────────────────────────
Month total                                   $4,014

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/240786 is the state's own key, not one this site invented.