PANHANDLE 40 ACRE LEASE

Operated by SHILOH OIL COMPANY LLC (P-5 777297) in the CLAY COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12055District 09Field 18707001OilCasinghead gasSaveExport
Value, all time
$288 k
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 615 leases and 2,793 wells, and the rule below applies to all of them.

Discovered
1902-12-31
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: ENTITY FOR DENSITY APPROVED 3/17/98

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
OilDisposition12,060 bbl$287,742
Casinghead gasProduction21 Mcf$0
Total$287,742

21 Mcf of this lease's gas, across 21 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 (24)

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 33.9716, -98.2159. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.97175, -98.21596 · 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
100.0%
24 of 24 wells
With a plug date
95.8%
23 of 24 wells
Median depth
480 ft
23 wells filed one
Completion to plug
40.6 years
median over 7 wells

What the state filed about each well

On the RRC proration schedule
24100.0%
A plug date is filed
2395.8%
BothOn the schedule and plugged. Neither fact cancels the other.
2395.8%
NeitherNo plug date, and not on the schedule.
00.0%

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

Total depth in feet, 23 of 24 wells. Median 480 ft, with the middle half between 267 and 675 ft; the shallowest is 125 ft and the deepest 1,088 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, 7 of 24 wells, May 1985 – Jun 1985. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 1985 – Jun 1985
7 of 24 wells; 17 filed none
Plug dates filed
Dec 2025 – Jan 2026
23 of 24 wells; 1 filed none

Last completion to plug: a median of 40.6 years across the 7 wells that filed both dates, with the middle half between 40.6 years and 40.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

24 wells

42-0770442214352 ftDec 2025Yes
42-077324111A365 ftDec 2025Yes
42-077324144A700 ftDec 2025Yes
42-077324155A480 ftJan 2026Yes
42-077814461312 ftDec 2025Yes
42-077814472230 ftDec 2025Yes
42-077814483623 ftDec 2025Yes
42-077814494650 ftDec 2025Yes
42-077814516283 ftDec 2025Yes
42-077814528220 ftDec 2025Yes
42-077814539225 ftDec 2025Yes
42-0778145410570 ftDec 2025Yes
42-0778145513Yes
42-0778145816315 ftDec 2025Yes
42-0778146018251 ftDec 2025Yes
42-0778146119195 ftDec 2025Yes
42-0778146325125 ftDec 2025Yes
42-0770444117800 ftJun 1985Dec 2025Yes
42-077324122A702 ftJun 1985Jan 2026Yes
42-077324133A668 ftJun 1985Dec 2025Yes
42-077814505630 ftMay 1985Dec 2025Yes
42-077325256A682 ftMay 1985Dec 2025Yes
42-07730088241,088 ftMay 1985Dec 2025Yes
42-0772013415792 ftMay 1985Dec 2025Yes

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 20210071.323.90$0
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 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 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 2018120052.934.24$6,352
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 20150040.162.87$0
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 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011162094.144.52$15,251
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 201090073.684.42$6,631
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 2009110071.445.48$7,858
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 200885055.496.86$4,717
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006164066.016.42$10,826
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005168049.207.36$8,266
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004169049.706.52$8,399
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 2004170036.106.43$6,137
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 2004161034.365.53$5,532
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 2003164030.266.30$4,963
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 2003170026.314.75$4,473
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 2003175028.565.98$4,998
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 2003171031.146.10$5,325
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 2002157026.914.85$4,225
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 2002168027.443.64$4,610
Aug 20020025.963.16$0
Jul 2002172024.583.06$4,228
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002173023.653.51$4,091
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 2002132017.172.38$2,266
Dec 2001173016.932.36$2,929
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 2001171024.262.25$4,148
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001168024.563.82$4,126
May 20010025.524.31$0
Apr 2001167024.685.34$4,122
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 2001148027.478.40$4,066
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000140031.235.15$4,372
Sep 2000167031.875.19$5,322
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 2000152029.304.40$4,454
May 20000027.263.68$0
Apr 2000166024.513.12$4,069
Mar 20000028.422.86$0
Feb 2000168027.622.73$4,640
Jan 20000025.272.48$0
Dec 1999135024.282.42$3,278
Nov 19990023.192.43$0
Oct 1999134020.982.80$2,811
Sep 19990021.752.62$0
Aug 1999148019.262.88$2,850
Jul 19990017.892.37$0
Jun 1999164015.942.36$2,614
May 19990015.792.32$0
Apr 1999165015.102.21$2,492
Mar 19990012.471.84$0
Feb 199915709.981.82$1,567
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 1998162010.892.19$1,764
Oct 19980012.421.97$0
Sep 1998133012.592.08$1,674
Aug 19980011.301.91$0
Jul 1998149011.742.24$1,749
Jun 19980011.242.24$0
May 1998171012.622.21$2,158
Apr 19980013.042.51$0
Mar 1998176012.802.31$2,253
Feb 19980013.952.30$0
Jan 1998182014.702.15$2,675
Dec 19970016.322.41$0
Nov 1997132018.193.09$2,401
Oct 19970019.253.15$0
Sep 1997165017.742.95$2,927
Aug 19970017.862.55$0
Jul 1997150017.582.25$2,637
Jun 19970017.242.26$0
May 1997165018.972.31$3,130
Apr 19970017.882.08$0
Mar 1997169018.951.94$3,203
Feb 19970020.492.21$0
Jan 1997165023.483.54$3,874
Dec 19960023.32$0
Nov 1996134021.97$2,944
Oct 1996166023.31$3,869
Sep 19960022.22$0
Aug 1996134020.26$2,715
Jul 1996161019.55$3,148
Jun 19960018.73$0
May 1996157019.43$3,051
Apr 1996161021.51$3,463
Mar 19960019.38$0
Feb 1996123016.98$2,089
Jan 1996169017.07$2,885
Dec 19950017.19$0
Nov 1995148016.00$2,368
Oct 1995185015.43$2,855
Sep 19950016.18$0
Aug 1995127015.92$2,022
Jul 1995177015.24$2,697
Jun 1995160016.41$2,626
May 19950017.56$0
Apr 1995131017.73$2,323
Mar 1995169016.44$2,778
Feb 1995172016.58$2,852
Jan 19950015.92$0
Dec 1994159015.03$2,390
Nov 1994182015.90$2,894
Oct 19940015.58$0
Sep 1994166115.29$2,538
Aug 19940116.13$0
Jul 1994154117.56$2,704
Jun 19940117.09$0
May 1994137115.88$2,176
Apr 19940114.14$0
Mar 1994174112.46$2,168
Feb 199464112.50$800
Jan 19940112.66$0
Dec 1993107112.33$1,319
Nov 199378114.49$1,130
Oct 199376115.85$1,205
Sep 1993119115.03$1,789
Aug 199368115.66$1,065
Jul 1993131115.46$2,025
Jun 1993168116.79$2,821
May 19930117.68$0
Apr 1993111118.05$2,004
Mar 1993135118.14$2,449
Feb 1993175117.90$3,133
Jan 199359116.93$999

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.

Nov 2018 — as filed, then multipliedworked
Oil                  120 bbl  × $ 52.93 =     $6,352
Casinghead gas         0 Mcf  × $  4.24 =         $0

────────────────────────────────────────────────────
Month total                                   $6,352

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/O/12055 is the state's own key, not one this site invented.