HUGHES & PALMER, INC. -A-

Operated by PALMER, JOHN LLC (P-5 636025) in the H & P (GUNSIGHT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19707District 09Field 37754500OilCasinghead gasSaveExport
Value, all time
$3.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$61 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 2 leases and 19 wells, and the rule below applies to all of them.

Discovered
1979-03-02
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
OilDisposition96,664 bbl$3,625,603
Casinghead gasProduction64 Mcf$40
Total$3,625,643

48 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 (9)

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 33.4044, -98.9163. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.40461, -98.91622 · 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
44.4%
4 of 9 wells
With a plug date
44.4%
4 of 9 wells
Median depth
1,366 ft
9 wells filed one
Completion to plug
20.1 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
444.4%
A plug date is filed
444.4%
BothOn the schedule and plugged. Neither fact cancels the other.
444.4%
NeitherNo plug date, and not on the schedule.
555.6%

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 9 wells. Median 1,366 ft, with the middle half between 1,363 and 1,382 ft; the shallowest is 1,358 ft and the deepest 1,620 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, 9 of 9 wells, Nov 1979 – Dec 1997. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 1979 – Dec 1997
9 of 9 wells
Plug dates filed
Sep 2002 – Sep 2023
4 of 9 wells; 5 filed none

Last completion to plug: a median of 20.1 years across the 4 wells that filed both dates, with the middle half between 16.2 years and 24.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

9 wells

42-00941139121,390 ftDec 1997Sep 2002Yes
42-00940609111,620 ftNov 1993
42-0093950681,382 ftFeb 1986
42-0093723961,358 ftJul 1984Sep 2023Yes
42-0093723871,358 ftMar 1984
42-0093692451,366 ftJul 1983Jul 2003Yes
42-0093692341,365 ftApr 1983Jun 2003Yes
42-0093449831,363 ftJan 1982
42-0093389011,380 ftNov 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 2026182089.753.15$16,335
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025181056.664.41$10,255
Nov 20250058.593.93$0
Oct 2025181059.383.30$10,748
Sep 20250062.743.08$0
Aug 2025176063.933.01$11,252
Jul 20250066.743.32$0
Jun 2025182066.483.13$12,099
May 20250060.553.23$0
Apr 2025179062.363.54$11,162
Mar 20250067.704.27$0
Feb 2025186070.884.34$13,184
Jan 20250074.324.28$0
Dec 2024181068.993.12$12,487
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 2024181069.612.36$12,599
Aug 2024178075.632.06$13,462
Jul 20240079.932.15$0
Jun 2024180078.082.63$14,054
May 2024182078.812.20$14,343
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023183071.262.61$13,041
Nov 2023183077.892.81$14,254
Oct 20230085.443.09$0
Sep 2023178089.042.74$15,849
Aug 2023174080.522.67$14,010
Jul 20230074.852.64$0
Jun 2023175068.962.26$12,068
May 2023180070.622.23$12,712
Apr 20230078.122.24$0
Mar 2023169072.852.39$12,312
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022180085.005.65$15,300
Oct 2022174087.185.86$15,169
Sep 2022183084.888.16$15,533
Aug 2022179094.529.13$16,919
Jul 202200101.587.54$0
Jun 20221790115.097.98$20,601
May 20221700109.378.43$18,593
Apr 20221750104.226.84$18,239
Mar 20221660108.885.08$18,074
Feb 20220091.054.86$0
Jan 2022175081.844.54$14,322
Dec 2021176071.323.90$12,552
Nov 20210077.435.24$0
Oct 2021179079.795.71$14,282
Sep 2021179069.865.35$12,505
Aug 2021179066.024.22$11,818
Jul 20210070.783.98$0
Jun 2021177069.493.38$12,300
May 2021168063.483.02$10,665
Apr 20210060.362.76$0
Mar 2021182061.302.72$11,157
Feb 2021173057.805.55$9,999
Jan 20210050.412.81$0
Dec 2020180044.642.68$8,035
Nov 20200038.772.71$0
Oct 2020179036.972.48$6,618
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020177034.901.69$6,177
May 20200016.921.81$0
Apr 2020172014.751.80$2,537
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 2020184057.252.09$10,534
Dec 20190059.012.30$0
Nov 2019185055.302.75$10,231
Oct 20190053.472.42$0
Sep 2019182055.052.66$10,019
Aug 2019177053.112.30$9,400
Jul 20190056.272.46$0
Jun 2019288052.782.49$15,201
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 2019172056.803.06$9,770
Feb 2019181050.852.79$9,204
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 2018189052.934.24$10,004
Oct 2018180061.443.40$11,059
Sep 20180059.543.11$0
Aug 2018184059.403.07$10,930
Jul 20180065.142.93$0
Jun 2018177060.183.08$10,652
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 2018180061.222.79$11,020
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 2017183057.272.92$10,480
Nov 20170055.423.12$0
Oct 2017181049.292.98$8,921
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017174043.873.09$7,633
Jun 20170042.493.09$0
May 2017177045.373.26$8,030
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 2017176049.413.42$8,696
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016194046.193.09$8,961
Sep 20160041.553.10$0
Aug 2016185041.442.92$7,666
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016185036.561.99$6,764
Mar 20160033.011.79$0
Feb 2016182026.472.06$4,818
Jan 20160027.352.36$0
Dec 2015185032.362.00$5,987
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015184040.162.87$7,389
Jul 20150048.152.95$0
Jun 2015182056.152.88$10,219
May 20150055.212.96$0
Apr 2015176049.822.71$8,768
Mar 20150042.892.93$0
Feb 2015187044.662.98$8,351
Jan 20150043.433.10$0
Dec 2014180054.693.59$9,844
Nov 20140070.464.25$0
Oct 2014182078.303.90$14,251
Sep 2014181086.164.05$15,595
Aug 2014178089.394.04$15,911
Jul 2014182096.564.18$17,574
Jun 2014185098.164.74$18,160
May 2014185094.734.73$17,525
Apr 2014374095.944.81$35,882
Mar 2014177095.895.06$16,973
Feb 2014179097.406.19$17,435
Jan 2014179090.404.86$16,182
Dec 2013182091.824.35$16,711
Nov 2013183088.853.74$16,260
Oct 2013187097.423.78$18,218
Sep 201300104.113.72$0
Aug 20133580104.253.52$37,322
Jul 20131770102.523.72$18,146
Jun 2013176094.403.93$16,614
May 2013177094.834.15$16,785
Apr 20130093.964.28$0
Mar 2013176093.623.91$16,477
Feb 2013178091.233.42$16,239
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012180094.672.92$17,041
Aug 2012180092.662.91$16,679
Jul 20120085.133.02$0
Jun 2012180079.822.52$14,368
May 2012176091.612.49$16,123
Apr 20121710101.652.00$17,382
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012337098.092.73$33,056
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 2011180084.983.65$15,296
Sep 2011179083.623.99$14,968
Aug 2011177083.404.15$14,762
Jul 20110094.144.52$0
Jun 2011349092.904.64$32,422
May 20110098.134.40$0
Apr 20113490105.964.33$36,980
Mar 2011173096.364.06$16,670
Feb 2011173085.644.18$14,816
Jan 2011174086.504.59$15,051
Dec 20100085.734.35$0
Nov 2010174080.843.80$14,066
Oct 2010174078.103.51$13,589
Sep 2010170072.633.98$12,347
Aug 2010167073.684.42$12,305
Jul 2010167072.554.74$12,116
Jun 2010169070.364.91$11,891
May 2010335071.124.24$23,825
Apr 2010169081.694.12$13,806
Mar 2010169078.394.39$13,248
Feb 20100073.585.44$0
Jan 2010354074.365.96$26,323
Dec 20090071.445.48$0
Nov 2009189074.593.75$14,098
Oct 2009345072.544.11$25,026
Sep 20090065.543.06$0
Aug 2009353067.423.22$23,799
Jul 20090061.133.46$0
Jun 2009353066.163.90$23,354
May 2009174054.743.93$9,525
Apr 2009354046.773.59$16,557
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008175037.105.98$6,493
Nov 2008175055.496.86$9,711
Oct 2008169075.246.92$12,716
Sep 200800101.767.88$0
Aug 20081710114.228.48$19,532
Jul 20081690131.0811.39$22,153
Jun 20081760131.3313.03$23,114
May 20081620123.1711.57$19,954
Apr 20081750110.3110.45$19,304
Mar 20081720101.909.66$17,527
Feb 2008173092.538.77$16,008
Jan 2008346090.388.21$31,271
Dec 20070088.337.30$0
Nov 2007182091.677.29$16,684
Oct 2007353082.856.92$29,246
Sep 2007351075.846.24$26,620
Aug 2007177069.066.39$12,224
Jul 20070070.906.39$0
Jun 2007176062.007.55$10,912
May 20070058.747.85$0
Apr 2007176059.617.81$10,491
Mar 2007170056.927.30$9,676
Feb 2007173055.108.22$9,532
Jan 20070050.306.73$0
Dec 2006173056.656.92$9,800
Nov 2006178054.207.62$9,648
Oct 2006173054.906.01$9,498
Sep 2006349060.085.04$20,968
Aug 20060068.717.34$0
Jul 2006171069.376.34$11,862
Jun 2006333066.286.38$22,071
May 20060066.016.42$0
Apr 2006348064.397.36$22,408
Mar 20060056.707.08$0
Feb 2006174057.597.75$10,021
Jan 2006174060.598.93$10,543
Dec 2005347054.9413.42$19,064
Nov 20050054.6910.59$0
Oct 2005521058.3413.80$30,395
Sep 20050061.4512.08$0
Aug 2005272061.519.80$16,731
Jul 2005168055.697.84$9,356
Jun 2005335052.337.38$17,531
May 2005163045.226.65$7,371
Apr 2005349049.207.36$17,171
Mar 2005342050.377.15$17,227
Feb 2005508045.226.31$22,972
Jan 2005350043.166.32$15,106
Dec 2004176039.866.75$7,015
Nov 20040045.286.33$0
Oct 2004346049.706.52$17,196
Sep 2004175043.245.28$7,567
Aug 2004168042.375.55$7,118
Jul 2004332038.286.08$12,709
Jun 2004177036.106.43$6,390
May 2004335037.486.49$12,556
Apr 2004353034.475.86$12,168
Mar 2004351034.365.53$12,060
Feb 2004182032.455.51$5,906
Jan 2004169032.036.30$5,413
Dec 2003355030.266.30$10,742
Nov 2003535028.804.60$15,408
Oct 2003485028.174.76$13,662
Sep 2003363026.314.75$9,551
Aug 2003350029.765.13$10,416
Jul 2003350029.415.17$10,294
Jun 2003520028.565.98$14,851
May 2003350026.595.97$9,307
Apr 2003540026.675.41$14,402
Mar 2003540031.146.10$16,816
Feb 2003354033.487.93$11,852
Jan 2003547030.315.58$16,580
Dec 2002366026.914.85$9,849
Nov 2002175024.664.14$4,316
Oct 2002350026.464.23$9,261
Sep 2002350027.443.64$9,604
Aug 2002525025.963.16$13,629
Jul 2002340024.583.06$8,357
Jun 2002360023.733.34$8,543
May 2002540024.663.58$13,316
Apr 2002352023.653.51$8,325
Mar 2002300022.003.10$6,600
Feb 2002525018.222.38$9,566
Jan 2002546017.172.38$9,375
Dec 2001350016.932.36$5,926
Nov 2001540018.072.41$9,758
Oct 2001348019.782.53$6,883
Sep 2001524024.262.25$12,712
Aug 2001352024.873.05$8,754
Jul 2001339023.933.20$8,112
Jun 2001500024.563.82$12,280
May 2001300025.524.31$7,656
Apr 2001344024.685.34$8,490
Mar 2001528024.545.38$12,957
Feb 2001308027.755.77$8,547
Jan 2001334027.478.40$9,175
Dec 2000356026.889.12$9,569
Nov 2000354032.215.66$11,402
Oct 2000480031.235.15$14,990
Sep 2000473031.875.19$15,075
Aug 2000518029.644.54$15,354
Jul 2000348028.534.09$9,928
Jun 2000518029.304.40$15,177
May 2000500027.263.68$13,630
Apr 2000305024.513.12$7,476
Mar 2000504028.422.86$14,324
Feb 2000492027.622.73$13,589
Jan 2000500025.272.48$12,635
Dec 1999498024.282.42$12,091
Nov 1999525023.192.43$12,175
Oct 1999506020.982.80$10,616
Sep 1999423021.752.62$9,200
Aug 1999345019.262.88$6,645
Jul 1999521017.892.37$9,321
Jun 1999358015.942.36$5,707
May 1999463015.792.32$7,311
Apr 1999449015.102.21$6,780
Mar 1999464012.471.84$5,786
Feb 199951109.981.82$5,100
Jan 1999348010.381.90$3,612
Dec 199848709.201.77$4,480
Nov 1998133010.892.19$1,448
Oct 1998416012.421.97$5,167
Sep 1998514012.592.08$6,471
Aug 1998394011.301.91$4,452
Jul 1998470011.742.24$5,518
Jun 1998370011.242.24$4,159
May 1998382012.622.21$4,821
Apr 1998261113.042.51$3,406
Mar 1998493112.802.31$6,313
Feb 1998357113.952.30$4,982
Jan 1998261114.702.15$3,839
Dec 1997396116.322.41$6,465
Nov 1997134118.193.09$2,441
Oct 1997527119.253.15$10,148
Sep 1997526117.742.95$9,334
Aug 1997368117.862.55$6,575
Jul 1997264117.582.25$4,643
Jun 1997256117.242.26$4,416
May 1997395118.972.31$7,495
Apr 1997522117.882.08$9,335
Mar 1997255118.951.94$4,834
Feb 1997253120.492.21$5,186
Jan 1997371123.483.54$8,715
Dec 1996374123.32$8,722
Nov 1996520121.97$11,424
Oct 1996466123.31$10,862
Sep 1996507122.22$11,266
Aug 1996638120.26$12,926
Jul 1996507119.55$9,912
Jun 1996517118.73$9,683
May 1996652119.43$12,668
Apr 1996903121.51$19,424
Mar 1996134119.38$2,597
Feb 1996264116.98$4,483
Jan 1996110117.07$1,878
Dec 1995129117.19$2,218
Nov 1995263116.00$4,208
Oct 1995235115.43$3,626
Sep 1995263116.18$4,255
Aug 1995261115.92$4,155
Jul 1995375115.24$5,715
Jun 1995131116.41$2,150
May 1995133117.56$2,335
Apr 1995133117.73$2,358
Mar 1995263116.44$4,324
Feb 1995129116.58$2,139
Jan 1995124115.92$1,974
Dec 1994268115.03$4,028
Nov 1994134115.90$2,131
Oct 1994264115.58$4,113
Sep 1994262115.29$4,006
Aug 1994256116.13$4,129
Jul 1994258117.56$4,530
Jun 1994375117.09$6,409
May 1994386115.88$6,130
Apr 1994483114.14$6,830
Mar 1994393112.46$4,897
Feb 1994526112.50$6,575
Jan 1994640112.66$8,102
Dec 1993501112.33$6,177
Nov 1993662114.49$9,592
Oct 1993900115.85$14,265
Sep 19931,336115.03$20,080
Aug 19931,447115.66$22,660
Jul 19931,538115.46$23,777
Jun 19931,603116.79$26,914
May 19931,376117.68$24,328
Apr 19931,360118.05$24,548
Mar 19931,691118.14$30,675
Feb 19931,478117.90$26,456
Jan 19931,421116.93$24,058

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.

Mar 2026 — as filed, then multipliedworked
Oil                  182 bbl  × $ 89.75 =    $16,335
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $16,335

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/19707 is the state's own key, not one this site invented.