STEED, NETUM H. -A-

Operated by GRAYSON PETROLEUM COMPANY (P-5 328325) in the CALLISBURG, SW. (STRAWN 3300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17874District 09Field 14880800OilCasinghead gasSaveExport
Value, all time
$7.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$458 k
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 4 leases and 6 wells, and the rule below applies to all of them.

Discovered
1954-07-29
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition129,223 bbl$7,472,212
Casinghead gasProduction21 Mcf$0
Total$7,472,212

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 (2)

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 33.6710, -97.0304. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.67104, -97.03039 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
3,265 ft
2 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.
2100.0%

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

Between 3,260 and 3,270 ft, median 3,265 ft, over the 2 wells that filed a depth.

Completions filed
Feb 1976 – Jun 1979
2 of 2 wells

2 wells

42-097312482 B3,260 ftJun 1979
42-097825661 B3,270 ftFeb 1976

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 20263450106.413.05$36,711
Apr 2026515098.932.87$50,949
Mar 2026537089.753.15$48,196
Feb 2026520063.503.75$33,020
Jan 2026349059.138.00$20,636
Dec 2025712056.664.41$40,342
Nov 2025539058.593.93$31,580
Oct 2025519059.383.30$30,818
Sep 2025673062.743.08$42,224
Aug 2025713063.933.01$45,582
Jul 2025685066.743.32$45,717
Jun 2025490066.483.13$32,575
May 2025636060.553.23$38,510
Apr 2025498062.363.54$31,055
Mar 2025644067.704.27$43,599
Feb 2025672070.884.34$47,631
Jan 2025167074.324.28$12,411
Dec 2024689068.993.12$47,534
Nov 2024712069.052.20$49,164
Oct 2024692071.372.28$49,388
Sep 2024709069.612.36$49,353
Aug 2024701075.632.06$53,017
Jul 2024841079.932.15$67,221
Jun 2024494078.082.63$38,572
May 2024675078.812.20$53,197
Apr 2024525084.451.66$44,336
Mar 2024692080.301.55$55,568
Feb 2024525076.091.78$39,947
Jan 2024685073.023.30$50,019
Dec 2023671071.262.61$47,815
Nov 2023670077.892.81$52,186
Oct 2023339085.443.09$28,964
Sep 2023693089.042.74$61,705
Aug 2023314080.522.67$25,283
Jul 2023679074.852.64$50,823
Jun 2023334068.962.26$23,033
May 2023667070.622.23$47,104
Apr 2023501078.122.24$39,138
Mar 2023799072.852.39$58,207
Feb 2023329075.112.47$24,711
Jan 2023355076.533.39$27,168
Dec 2022510076.415.73$38,969
Nov 2022867085.005.65$73,695
Oct 2022508087.185.86$44,287
Sep 2022697084.888.16$59,161
Aug 20221,031094.529.13$97,450
Jul 20226850101.587.54$69,582
Jun 20221,0290115.097.98$118,428
May 20228310109.378.43$90,886
Apr 20228160104.226.84$85,044
Mar 20228490108.885.08$92,439
Feb 2022811091.054.86$73,842
Jan 20221,191081.844.54$97,471
Dec 2021844071.323.90$60,194
Nov 2021834077.435.24$64,577
Oct 20211,001079.795.71$79,870
Sep 2021830069.865.35$57,984
Aug 20211,180066.024.22$77,904
Jul 2021995070.783.98$70,426
Jun 2021817069.493.38$56,773
May 2021988063.483.02$62,718
Apr 2021985060.362.76$59,455
Mar 20211,296061.302.72$79,445
Feb 2021646057.805.55$37,339
Jan 2021814050.412.81$41,034
Dec 2020967044.642.68$43,167
Nov 20201,112038.772.71$43,112
Oct 2020844036.972.48$31,203
Sep 2020952037.091.99$35,310
Aug 2020986039.982.39$39,420
Jul 2020969038.371.83$37,181
Jun 2020991034.901.69$34,586
May 2020667016.921.81$11,286
Apr 2020836014.751.80$12,331
Mar 2020851030.341.86$25,819
Feb 2020849049.881.98$42,348
Jan 2020837057.252.09$47,918
Dec 2019842059.012.30$49,686
Nov 2019832055.302.75$46,010
Oct 2019833053.472.42$44,541
Sep 2019684055.052.66$37,654
Aug 2019491053.112.30$26,077
Jul 2019473056.272.46$26,616
Jun 2019501052.782.49$26,443
May 2019501058.482.74$29,298
Apr 2019839062.632.75$52,547
Mar 2019527056.803.06$29,934
Feb 2019674050.852.79$34,273
Jan 2019509046.033.23$23,429
Dec 2018332046.594.19$15,468
Nov 2018691052.934.24$36,575
Oct 2018344061.443.40$21,135
Sep 2018513059.543.11$30,544
Aug 2018514059.403.07$30,532
Jul 2018331065.142.93$21,561
Jun 2018661060.183.08$39,779
May 2018506065.382.90$33,082
Apr 2018504063.842.90$32,175
Mar 2018514061.222.79$31,467
Feb 2018337061.782.77$20,820
Jan 2018513062.874.01$32,252
Dec 2017511057.272.92$29,265
Nov 2017316055.423.12$17,513
Oct 2017494049.292.98$24,349
Sep 2017340047.523.09$16,157
Aug 2017518045.373.00$23,502
Jul 2017346043.873.09$15,179
Jun 2017489042.493.09$20,778
May 2017364045.373.26$16,515
Apr 2017334047.933.21$16,009
Mar 2017507046.772.98$23,712
Feb 2017341050.452.95$17,203
Jan 2017335049.413.42$16,552
Dec 20160048.763.72$0
Nov 2016283042.492.64$12,025
Oct 2016334046.193.09$15,427
Sep 2016339041.553.10$14,085
Aug 2016321041.442.92$13,302
Jul 2016350041.622.92$14,567
Jun 2016322045.352.69$14,603
May 2016334042.521.99$14,202
Apr 2016332036.561.99$12,138
Mar 2016346033.011.79$11,421
Feb 2016178026.472.06$4,712
Jan 2016495027.352.36$13,538
Dec 2015339032.362.00$10,970
Nov 2015167038.792.17$6,478
Oct 2015326043.552.43$14,197
Sep 2015334042.992.76$14,359
Aug 2015154040.162.87$6,185
Jul 2015324048.152.95$15,601
Jun 2015314056.152.88$17,631
May 2015322055.212.96$17,778
Apr 2015162049.822.71$8,071
Mar 2015327042.892.93$14,025
Feb 2015336044.662.98$15,006
Jan 2015337043.433.10$14,636
Dec 2014330054.693.59$18,048
Nov 2014183070.464.25$12,894
Oct 2014331078.303.90$25,917
Sep 2014163086.164.05$14,044
Aug 2014340089.394.04$30,393
Jul 2014297096.564.18$28,678
Jun 2014323098.164.74$31,706
May 2014157094.734.73$14,873
Apr 2014166095.944.81$15,926
Mar 2014355095.895.06$34,041
Feb 2014172097.406.19$16,753
Jan 2014169090.404.86$15,278
Dec 2013342091.824.35$31,402
Nov 2013172088.853.74$15,282
Oct 2013333097.423.78$32,441
Sep 20131740104.113.72$18,115
Aug 20131780104.253.52$18,557
Jul 20131640102.523.72$16,813
Jun 2013341094.403.93$32,190
May 2013164094.834.15$15,552
Apr 2013169093.964.28$15,879
Mar 2013341093.623.91$31,924
Feb 2013170091.233.42$15,509
Jan 2013173091.603.42$15,847
Dec 2012173086.773.42$15,011
Nov 2012175086.953.62$15,216
Oct 2012168089.383.40$15,016
Sep 2012163094.672.92$15,431
Aug 2012172092.662.91$15,938
Jul 2012171085.133.02$14,557
Jun 2012171079.822.52$13,649
May 2012337091.612.49$30,873
Apr 20121700101.652.00$17,281
Mar 20121710105.052.22$17,964
Feb 20121650101.102.57$16,682
Jan 2012170098.092.73$16,675
Dec 2011179096.873.24$17,340
Nov 2011176095.723.31$16,847
Oct 2011175084.983.65$14,872
Sep 2011168083.623.99$14,048
Aug 2011168083.404.15$14,011
Jul 2011166094.144.52$15,627
Jun 2011178092.904.64$16,536
May 2011175098.134.40$17,173
Apr 20111760105.964.33$18,649
Mar 2011177096.364.06$17,056
Feb 2011179085.644.18$15,330
Jan 2011177086.504.59$15,311
Dec 2010174085.734.35$14,917
Nov 2010175080.843.80$14,147
Oct 2010174078.103.51$13,589
Sep 2010175072.633.98$12,710
Aug 2010175073.684.42$12,894
Jul 2010174072.554.74$12,624
Jun 2010171070.364.91$12,032
May 2010175071.124.24$12,446
Apr 2010173081.694.12$14,132
Mar 2010197078.394.39$15,443
Feb 2010177073.585.44$13,024
Jan 2010186074.365.96$13,831
Dec 20090071.445.48$0
Nov 2009203074.593.75$15,142
Oct 2009175072.544.11$12,695
Sep 2009184065.543.06$12,059
Aug 2009193067.423.22$13,012
Jul 2009168061.133.46$10,270
Jun 2009177066.163.90$11,710
May 2009176054.743.93$9,634
Apr 2009182046.773.59$8,512
Mar 2009180042.144.06$7,585
Feb 2009176032.814.63$5,775
Jan 2009177035.865.37$6,347
Dec 2008192037.105.98$7,123
Nov 2008192055.496.86$10,654
Oct 2008188075.246.92$14,145
Sep 20081870101.767.88$19,029
Aug 20081930114.228.48$22,044
Jul 200800131.0811.39$0
Jun 20081930131.3313.03$25,347
May 20081930123.1711.57$23,772
Apr 20081920110.3110.45$21,180
Mar 20081690101.909.66$17,221
Feb 2008194092.538.77$17,951
Jan 2008197090.388.21$17,805
Dec 2007195088.337.30$17,224
Nov 2007196091.677.29$17,967
Oct 2007194082.856.92$16,073
Sep 2007374075.846.24$28,364
Aug 20070069.066.39$0
Jul 2007197070.906.39$13,967
Jun 2007367062.007.55$22,754
May 2007196058.747.85$11,513
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 2007202055.108.22$11,130
Jan 2007199050.306.73$10,010
Dec 20060056.656.92$0
Nov 2006199054.207.62$10,786
Oct 2006200054.906.01$10,980
Sep 2006176060.085.04$10,574
Aug 2006169068.717.34$11,612
Jul 2006175069.376.34$12,140
Jun 2006175066.286.38$11,599
May 2006183066.016.42$12,080
Apr 2006177064.397.36$11,397
Mar 20060056.707.08$0
Feb 2006180057.597.75$10,366
Jan 2006174060.598.93$10,543
Dec 2005184054.9413.42$10,109
Nov 2005186054.6910.59$10,172
Oct 2005164058.3413.80$9,568
Sep 2005321061.4512.08$19,725
Aug 2005169061.519.80$10,395
Jul 2005325055.697.84$18,099
Jun 2005154052.337.38$8,059
May 2005325045.226.65$14,697
Apr 2005165049.207.36$8,118
Mar 2005175050.377.15$8,815
Feb 2005165045.226.31$7,461
Jan 2005320043.166.32$13,811
Dec 2004299039.866.75$11,918
Nov 2004169045.286.33$7,652
Oct 2004171049.706.52$8,499
Sep 2004163043.245.28$7,048
Aug 2004336042.375.55$14,236
Jul 2004175038.286.08$6,699
Jun 2004164036.106.43$5,920
May 2004166037.486.49$6,222
Apr 2004337034.475.86$11,616
Mar 2004160034.365.53$5,498
Feb 2004178032.455.51$5,776
Jan 2004342032.036.30$10,954
Dec 2003181030.266.30$5,477
Nov 2003169028.804.60$4,867
Oct 2003160028.174.76$4,507
Sep 2003340026.314.75$8,945
Aug 2003157029.765.13$4,672
Jul 2003152029.415.17$4,470
Jun 2003308028.565.98$8,796
May 2003167026.595.97$4,441
Apr 2003165026.675.41$4,401
Mar 2003347031.146.10$10,806
Feb 2003155033.487.93$5,189
Jan 2003175030.315.58$5,304
Dec 2002177026.914.85$4,763
Nov 2002311024.664.14$7,669
Oct 2002154026.464.23$4,075
Sep 2002150027.443.64$4,116
Aug 2002333025.963.16$8,645
Jul 2002157024.583.06$3,859
Jun 2002173023.733.34$4,105
May 2002295024.663.58$7,275
Apr 2002170023.653.51$4,021
Mar 2002171022.003.10$3,762
Feb 2002155018.222.38$2,824
Jan 2002326017.172.38$5,597
Dec 2001159016.932.36$2,692
Nov 2001153018.072.41$2,765
Oct 2001343019.782.53$6,785
Sep 2001175024.262.25$4,246
Aug 2001160024.873.05$3,979
Jul 2001326023.933.20$7,801
Jun 2001143024.563.82$3,512
May 2001310025.524.31$7,911
Apr 2001166024.685.34$4,097
Mar 2001155024.545.38$3,804
Feb 2001182027.755.77$5,051
Jan 2001168027.478.40$4,615
Dec 2000180026.889.12$4,838
Nov 2000173032.215.66$5,572
Oct 2000181031.235.15$5,653
Sep 2000169031.875.19$5,386
Aug 2000338029.644.54$10,018
Jul 2000175028.534.09$4,993
Jun 2000163029.304.40$4,776
May 2000172027.263.68$4,689
Apr 2000169024.513.12$4,142
Mar 2000348028.422.86$9,890
Feb 2000160027.622.73$4,419
Jan 2000166025.272.48$4,195
Dec 1999186024.282.42$4,516
Nov 1999174023.192.43$4,035
Oct 1999180020.982.80$3,776
Sep 1999177021.752.62$3,850
Aug 1999168019.262.88$3,236
Jul 1999171017.892.37$3,059
Jun 1999175015.942.36$2,790
May 1999163015.792.32$2,574
Apr 1999178015.102.21$2,688
Mar 19990012.471.84$0
Feb 199918009.981.82$1,796
Jan 1999179010.381.90$1,858
Dec 199818009.201.77$1,656
Nov 1998182010.892.19$1,982
Oct 1998167012.421.97$2,074
Sep 1998168012.592.08$2,115
Aug 1998168011.301.91$1,898
Jul 1998174011.742.24$2,043
Jun 19980011.242.24$0
May 1998179012.622.21$2,259
Apr 1998178013.042.51$2,321
Mar 1998180012.802.31$2,304
Feb 1998182013.952.30$2,539
Jan 1998181014.702.15$2,661
Dec 1997182016.322.41$2,970
Nov 19970018.193.09$0
Oct 1997180019.253.15$3,465
Sep 19970017.742.95$0
Aug 1997176017.862.55$3,143
Jul 1997179017.582.25$3,147
Jun 19970017.242.26$0
May 1997165018.972.31$3,130
Apr 1997165017.882.08$2,950
Mar 19970018.951.94$0
Feb 1997173020.492.21$3,545
Jan 1997182023.483.54$4,273
Dec 1996180023.32$4,198
Nov 19960021.97$0
Oct 1996168023.31$3,916
Sep 1996174022.22$3,866
Aug 1996176020.26$3,566
Jul 19960019.55$0
Jun 1996122018.73$2,285
May 1996113019.43$2,196
Apr 1996142021.51$3,054
Mar 1996129019.38$2,500
Feb 1996156016.98$2,649
Jan 1996172017.07$2,936
Dec 1995152017.19$2,613
Nov 1995156016.00$2,496
Oct 1995131015.43$2,021
Sep 1995159016.18$2,573
Aug 1995176015.92$2,802
Jul 1995180015.24$2,743
Jun 1995180016.41$2,954
May 1995182017.56$3,196
Apr 1995178017.73$3,156
Mar 19950016.44$0
Feb 1995172016.58$2,852
Jan 1995157015.92$2,499
Dec 1994171015.03$2,570
Nov 1994177015.90$2,814
Oct 1994176015.58$2,742
Sep 1994181115.29$2,767
Aug 1994180116.13$2,903
Jul 1994181117.56$3,178
Jun 1994180117.09$3,076
May 19940115.88$0
Apr 1994178114.14$2,517
Mar 1994181112.46$2,255
Feb 1994150112.50$1,875
Jan 1994158112.66$2,000
Dec 1993185112.33$2,281
Nov 1993366114.49$5,303
Oct 1993178115.85$2,821
Sep 1993180115.03$2,705
Aug 1993181115.66$2,834
Jul 1993187115.46$2,891
Jun 1993169116.79$2,838
May 1993176117.68$3,112
Apr 1993182118.05$3,285
Mar 1993182118.14$3,301
Feb 1993155117.90$2,775
Jan 1993347116.93$5,875

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                  345 bbl  × $106.41 =    $36,711
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $36,711

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/17874 is the state's own key, not one this site invented.