M-BANK #1

Operated by R2Q OPERATING LLC (P-5 687719) in the K-M-A field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26474District 09Field 47902001OilCasinghead gasSaveExport
Value, all time
$2.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$43 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 347 leases and 2,190 wells, and the rule below applies to all of them.

Discovered
1931-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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
OilDisposition65,512 bbl$2,903,260
Casinghead gasProduction21 Mcf$0
Total$2,903,260

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 (5)

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 33.8581, -98.8340. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

33.85778, -98.83394 · 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
60.0%
3 of 5 wells
With a plug date
60.0%
3 of 5 wells
Median depth
3,895 ft
5 wells filed one
Completion to plug
24.3 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
360.0%
A plug date is filed
360.0%
BothOn the schedule and plugged. Neither fact cancels the other.
360.0%
NeitherNo plug date, and not on the schedule.
240.0%

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 3,835 and 4,290 ft, median 3,895 ft, over the 5 wells that filed a depth.

Completions filed
Apr 1987 – Feb 2014
5 of 5 wells
Plug dates filed
Aug 2011 – Sep 2019
3 of 5 wells; 2 filed none

Last completion to plug: a median of 24.3 years across the 3 wells that filed both dates, with the middle half between 24.1 years and 27.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-485412401M4,236 ftFeb 2014
42-485417253M3,895 ftAug 1988Sep 2019Yes
42-485417524M4,290 ftAug 1988May 2012Yes
42-485413152M3,849 ftApr 1987Aug 2011Yes
42-4850125783,835 ftApr 1987

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 202667098.932.87$6,628
Mar 202656089.753.15$5,026
Feb 202668063.503.75$4,318
Jan 202668059.138.00$4,021
Dec 202586056.664.41$4,873
Nov 20250058.593.93$0
Oct 2025104059.383.30$6,176
Sep 20250062.743.08$0
Aug 202580063.933.01$5,114
Jul 2025108066.743.32$7,208
Jun 20250066.483.13$0
May 202546060.553.23$2,785
Apr 202568062.363.54$4,240
Mar 202561067.704.27$4,130
Feb 202571070.884.34$5,032
Jan 202572074.324.28$5,351
Dec 202451068.993.12$3,518
Nov 202475069.052.20$5,179
Oct 202477071.372.28$5,495
Sep 202450069.612.36$3,481
Aug 202490075.632.06$6,807
Jul 202464079.932.15$5,116
Jun 202460078.082.63$4,685
May 202469078.812.20$5,438
Apr 202468084.451.66$5,743
Mar 202495080.301.55$7,629
Feb 20240076.091.78$0
Jan 2024218073.023.30$15,918
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202368085.443.09$5,810
Sep 202391089.042.74$8,103
Aug 20230080.522.67$0
Jul 2023103074.852.64$7,710
Jun 20230068.962.26$0
May 202379070.622.23$5,579
Apr 202378078.122.24$6,093
Mar 2023107072.852.39$7,795
Feb 202374075.112.47$5,558
Jan 20230076.533.39$0
Dec 202283076.415.73$6,342
Nov 2022121085.005.65$10,285
Oct 20220087.185.86$0
Sep 202287084.888.16$7,385
Aug 202239094.529.13$3,686
Jul 20222240101.587.54$22,754
Jun 20221610115.097.98$18,529
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 2022630108.885.08$6,859
Feb 2022224091.054.86$20,395
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 2021151069.493.38$10,493
May 20210063.483.02$0
Apr 2021110060.362.76$6,640
Mar 202185061.302.72$5,211
Feb 202143057.805.55$2,485
Jan 202195050.412.81$4,789
Dec 202053044.642.68$2,366
Nov 202085038.772.71$3,295
Oct 202071036.972.48$2,625
Sep 202078037.091.99$2,893
Aug 2020129039.982.39$5,157
Jul 2020171038.371.83$6,561
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202063014.751.80$929
Mar 202079030.341.86$2,397
Feb 2020112049.881.98$5,587
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 201973053.112.30$3,877
Jul 201946056.272.46$2,588
Jun 201991052.782.49$4,803
May 201968058.482.74$3,977
Apr 201964062.632.75$4,008
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 201864061.443.40$3,932
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 201883063.842.90$5,299
Mar 201896061.222.79$5,877
Feb 201874061.782.77$4,572
Jan 201845062.874.01$2,829
Dec 201781057.272.92$4,639
Nov 2017136055.423.12$7,537
Oct 20170049.292.98$0
Sep 201771047.523.09$3,374
Aug 201797045.373.00$4,401
Jul 201771043.873.09$3,115
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 2017149049.413.42$7,362
Dec 20160048.763.72$0
Nov 201676042.492.64$3,229
Oct 2016143046.193.09$6,605
Sep 20160041.553.10$0
Aug 2016106041.442.92$4,393
Jul 20160041.622.92$0
Jun 201658045.352.69$2,630
May 201689042.521.99$3,784
Apr 20160036.561.99$0
Mar 2016159033.011.79$5,249
Feb 201679026.472.06$2,091
Jan 20160027.352.36$0
Dec 2015154032.362.00$4,983
Nov 201596038.792.17$3,724
Oct 201596043.552.43$4,181
Sep 201571042.992.76$3,052
Aug 201577040.162.87$3,092
Jul 2015173048.152.95$8,330
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015138049.822.71$6,875
Mar 2015118042.892.93$5,061
Feb 2015172044.662.98$7,682
Jan 20150043.433.10$0
Dec 2014172054.693.59$9,407
Nov 20140070.464.25$0
Oct 2014168078.303.90$13,154
Sep 2014169086.164.05$14,561
Aug 20140089.394.04$0
Jul 201490096.564.18$8,690
Jun 2014163098.164.74$16,000
May 20140094.734.73$0
Apr 2014185095.944.81$17,749
Mar 2014195095.895.06$18,699
Feb 20140097.406.19$0
Jan 2014382090.404.86$34,533
Dec 2013181091.824.35$16,619
Nov 2013193088.853.74$17,148
Oct 2013346097.423.78$33,707
Sep 201300104.113.72$0
Aug 20133800104.253.52$39,615
Jul 20131730102.523.72$17,736
Jun 2013175094.403.93$16,520
May 2013191094.834.15$18,113
Apr 2013196093.964.28$18,416
Mar 2013192093.623.91$17,975
Feb 2013192091.233.42$17,516
Jan 2013395091.603.42$36,182
Dec 20120086.773.42$0
Nov 2012196086.953.62$17,042
Oct 2012352089.383.40$31,462
Sep 2012192094.672.92$18,177
Aug 2012191092.662.91$17,698
Jul 2012193085.133.02$16,430
Jun 2012174079.822.52$13,889
May 2012184091.612.49$16,856
Apr 20121930101.652.00$19,618
Mar 20121970105.052.22$20,695
Feb 20121930101.102.57$19,512
Jan 20120098.092.73$0
Dec 2011194096.873.24$18,793
Nov 2011311095.723.31$29,769
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011178083.404.15$14,845
Jul 2011175094.144.52$16,475
Jun 2011153092.904.64$14,214
May 2011179098.134.40$17,565
Apr 20111940105.964.33$20,556
Mar 2011192096.364.06$18,501
Feb 2011197085.644.18$16,871
Jan 2011194086.504.59$16,781
Dec 2010194085.734.35$16,632
Nov 20100080.843.80$0
Oct 2010188078.103.51$14,683
Sep 2010184072.633.98$13,364
Aug 20100073.684.42$0
Jul 201099072.554.74$7,182
Jun 2010186070.364.91$13,087
May 2010185071.124.24$13,157
Apr 2010164081.694.12$13,397
Mar 20100078.394.39$0
Feb 2010159073.585.44$11,699
Jan 2010192074.365.96$14,277
Dec 2009190071.445.48$13,574
Nov 2009187074.593.75$13,948
Oct 2009181072.544.11$13,130
Sep 2009344065.543.06$22,546
Aug 20090067.423.22$0
Jul 2009384061.133.46$23,474
Jun 20090066.163.90$0
May 2009189054.743.93$10,346
Apr 2009191046.773.59$8,933
Mar 2009394042.144.06$16,603
Feb 20090032.814.63$0
Jan 2009196035.865.37$7,029
Dec 2008196037.105.98$7,272
Nov 2008197055.496.86$10,932
Oct 2008183075.246.92$13,769
Sep 20083690101.767.88$37,549
Aug 20081940114.228.48$22,159
Jul 200800131.0811.39$0
Jun 20081270131.3313.03$16,679
May 20082510123.1711.57$30,916
Apr 20081910110.3110.45$21,069
Mar 20081970101.909.66$20,074
Feb 2008387092.538.77$35,809
Jan 2008178090.388.21$16,088
Dec 2007181088.337.30$15,988
Nov 2007181091.677.29$16,592
Oct 2007341082.856.92$28,252
Sep 2007357075.846.24$27,075
Aug 2007164069.066.39$11,326
Jul 2007355070.906.39$25,170
Jun 2007178062.007.55$11,036
May 2007181058.747.85$10,632
Apr 2007162059.617.81$9,657
Mar 2007178056.927.30$10,132
Feb 2007181055.108.22$9,973
Jan 2007185050.306.73$9,306
Dec 2006182056.656.92$10,310
Nov 2006283054.207.62$15,339
Oct 2006181054.906.01$9,937
Sep 2006541060.085.04$32,503
Aug 2006346068.717.34$23,774
Jul 2006157069.376.34$10,891
Jun 2006358066.286.38$23,728
May 2006498066.016.42$32,873
Apr 2006179064.397.36$11,526
Mar 2006364056.707.08$20,639
Feb 2006183057.597.75$10,539
Jan 2006333060.598.93$20,176
Dec 2005381054.9413.42$20,932
Nov 2005219054.6910.59$11,977
Oct 2005417058.3413.80$24,328
Sep 2005281061.4512.08$17,267
Aug 2005283061.519.80$17,407
Jul 2005311055.697.84$17,320
Jun 2005263052.337.38$13,763
May 2005337045.226.65$15,239
Apr 20050049.207.36$0
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 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 2002170026.464.23$4,498
Sep 2002144027.443.64$3,951
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 2002155023.733.34$3,678
May 2002168024.663.58$4,143
Apr 2002177023.653.51$4,186
Mar 2002172022.003.10$3,784
Feb 2002357018.222.38$6,505
Jan 2002180017.172.38$3,091
Dec 2001359016.932.36$6,078
Nov 2001346018.072.41$6,252
Oct 2001178019.782.53$3,521
Sep 2001353024.262.25$8,564
Aug 2001171024.873.05$4,253
Jul 2001343023.933.20$8,208
Jun 2001345024.563.82$8,473
May 2001170025.524.31$4,338
Apr 2001170024.685.34$4,196
Mar 2001338024.545.38$8,295
Feb 20010027.755.77$0
Jan 2001179027.478.40$4,917
Dec 2000338026.889.12$9,085
Nov 2000325032.215.66$10,468
Oct 2000163031.235.15$5,090
Sep 2000235031.875.19$7,489
Aug 2000350029.644.54$10,374
Jul 2000346028.534.09$9,871
Jun 2000171029.304.40$5,010
May 2000345027.263.68$9,405
Apr 2000175024.513.12$4,289
Mar 2000335028.422.86$9,521
Feb 2000354027.622.73$9,777
Jan 2000175025.272.48$4,422
Dec 1999179024.282.42$4,346
Nov 1999341023.192.43$7,908
Oct 1999174020.982.80$3,651
Sep 1999173021.752.62$3,763
Aug 1999172019.262.88$3,313
Jul 1999521017.892.37$9,321
Jun 1999168015.942.36$2,678
May 1999484015.792.32$7,642
Apr 1999437015.102.21$6,599
Mar 1999173012.471.84$2,157
Feb 199917309.981.82$1,727
Jan 1999351010.381.90$3,643
Dec 199850909.201.77$4,683
Nov 19980010.892.19$0
Oct 1998451012.421.97$5,601
Sep 1998329012.592.08$4,142
Aug 1998339011.301.91$3,831
Jul 1998341011.742.24$4,003
Jun 1998143011.242.24$1,607
May 1998347012.622.21$4,379
Apr 1998337013.042.51$4,394
Mar 1998300012.802.31$3,840
Feb 1998356013.952.30$4,966
Jan 1998181014.702.15$2,661
Dec 1997422016.322.41$6,887
Nov 1997353018.193.09$6,421
Oct 1997385019.253.15$7,411
Sep 1997171017.742.95$3,034
Aug 1997383017.862.55$6,840
Jul 19970017.582.25$0
Jun 1997435017.242.26$7,499
May 1997293018.972.31$5,558
Apr 1997354017.882.08$6,330
Mar 1997270018.951.94$5,117
Feb 1997189020.492.21$3,873
Jan 1997588023.483.54$13,806
Dec 1996175023.32$4,081
Nov 1996316021.97$6,943
Oct 1996346023.31$8,065
Sep 1996340022.22$7,555
Aug 1996117020.26$2,370
Jul 1996453019.55$8,856
Jun 1996298018.73$5,582
May 1996275019.43$5,343
Apr 1996191021.51$4,108
Mar 1996291019.38$5,640
Feb 1996296016.98$5,026
Jan 1996379017.07$6,470
Dec 1995333017.19$5,724
Nov 1995409016.00$6,544
Oct 1995276015.43$4,259
Sep 1995261016.18$4,223
Aug 1995333015.92$5,301
Jul 1995292015.24$4,450
Jun 1995377016.41$6,187
May 1995320017.56$5,619
Apr 1995313017.73$5,549
Mar 1995299016.44$4,916
Feb 1995439016.58$7,279
Jan 1995337015.92$5,365
Dec 1994328015.03$4,930
Nov 1994399015.90$6,344
Oct 1994270015.58$4,207
Sep 1994389115.29$5,948
Aug 1994278116.13$4,484
Jul 1994313117.56$5,496
Jun 1994329117.09$5,623
May 1994377115.88$5,987
Apr 1994327114.14$4,624
Mar 1994338112.46$4,211
Feb 1994332112.50$4,150
Jan 1994402112.66$5,089
Dec 1993356112.33$4,389
Nov 1993341114.49$4,941
Oct 1993430115.85$6,816
Sep 1993337115.03$5,065
Aug 1993330115.66$5,168
Jul 1993331115.46$5,117
Jun 1993372116.79$6,246
May 1993324117.68$5,728
Apr 1993328118.05$5,920
Mar 1993409118.14$7,419
Feb 1993320117.90$5,728
Jan 1993376116.93$6,366

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.

Apr 2026 — as filed, then multipliedworked
Oil                   67 bbl  × $ 98.93 =     $6,628
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $6,628

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/26474 is the state's own key, not one this site invented.