CHICAGO

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 26788District 09Field 47902001OilCasinghead gasSaveExport
Value, all time
$9.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$62 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
OilDisposition254,333 bbl$9,540,918
Casinghead gasProduction63,811 Mcf$258,776
Total$9,799,694

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 (7)

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 33.8947, -98.8097. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.89469, -98.80957 · 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 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
4,170 ft
7 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.
7100.0%

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 3,868 and 4,191 ft, median 4,170 ft, over the 7 wells that filed a depth.

Completions filed
Apr 1989 – Feb 2020
7 of 7 wells

7 wells

42-4853362224,187 ftFeb 2020
42-4850161714,131 ftApr 2007
42-4854313794,191 ftJul 1995
42-4854310874,190 ftMay 1995
42-4854301564,170 ftNov 1994
42-4854267553,968 ftAug 1992
42-4859246543,868 ftApr 1989

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 202689089.753.15$7,988
Feb 2026181063.503.75$11,494
Jan 20260059.138.00$0
Dec 2025134056.664.41$7,592
Nov 202556058.593.93$3,281
Oct 2025183059.383.30$10,867
Sep 202580062.743.08$5,019
Aug 2025100063.933.01$6,393
Jul 202568066.743.32$4,538
Jun 202570066.483.13$4,654
May 202551060.553.23$3,088
Apr 202586062.363.54$5,363
Mar 202564067.704.27$4,333
Feb 202559070.884.34$4,182
Jan 2025148074.324.28$10,999
Dec 202484068.993.12$5,795
Nov 202499069.052.20$6,836
Oct 202441071.372.28$2,926
Sep 2024112069.612.36$7,796
Aug 202490075.632.06$6,807
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 202432078.812.20$2,522
Apr 20240084.451.66$0
Mar 202431080.301.55$2,489
Feb 202428076.091.78$2,131
Jan 202455073.023.30$4,016
Dec 202330071.262.61$2,138
Nov 202336077.892.81$2,804
Oct 20230085.443.09$0
Sep 202349089.042.74$4,363
Aug 20230080.522.67$0
Jul 202383074.852.64$6,213
Jun 202357068.962.26$3,931
May 202355070.622.23$3,884
Apr 20230078.122.24$0
Mar 202342072.852.39$3,060
Feb 2023157075.112.47$11,792
Jan 2023128076.533.39$9,796
Dec 20220076.415.73$0
Nov 2022153085.005.65$13,005
Oct 2022166087.185.86$14,472
Sep 2022167084.888.16$14,175
Aug 2022161094.529.13$15,218
Jul 20221620101.587.54$16,456
Jun 202200115.097.98$0
May 20221530109.378.43$16,734
Apr 202200104.226.84$0
Mar 20221680108.885.08$18,292
Feb 2022493091.054.86$44,888
Jan 2022019581.844.54$885
Dec 20211682471.323.90$12,075
Nov 2021681977.435.24$5,365
Oct 2021681979.795.71$5,534
Sep 20211677669.865.35$12,073
Aug 20212079266.024.22$14,054
Jul 202105770.783.98$227
Jun 202116412469.493.38$11,816
May 202116810863.483.02$10,991
Apr 202116811560.362.76$10,458
Mar 20213339761.302.72$20,676
Feb 202106057.805.55$333
Jan 20211559850.412.81$8,089
Dec 202033510644.642.68$15,238
Nov 202016511438.772.71$6,706
Oct 202026713136.972.48$10,196
Sep 202016411937.091.99$6,320
Aug 202016510939.982.39$6,857
Jul 20201549838.371.83$6,088
Jun 20201238634.901.69$4,438
May 202003716.921.81$67
Apr 202015410014.751.80$2,452
Mar 20201449730.341.86$4,549
Feb 202032410049.881.98$16,359
Jan 202014316257.252.09$8,526
Dec 201930915859.012.30$18,598
Nov 201916625955.302.75$9,892
Oct 201916821653.472.42$9,505
Sep 20197224555.052.66$4,615
Aug 201915314053.112.30$8,448
Jul 201927022156.272.46$15,737
Jun 201916821552.782.49$9,403
May 201915315758.482.74$9,378
Apr 201931310862.632.75$19,900
Mar 201916010856.803.06$9,419
Feb 2019163050.852.79$8,289
Jan 201915610046.033.23$7,504
Dec 201833511146.594.19$16,072
Nov 201816011252.934.24$8,943
Oct 201833014061.443.40$20,751
Sep 201815716259.543.11$9,851
Aug 201832116259.403.07$19,564
Jul 201833016265.142.93$21,971
Jun 20181631,00560.183.08$12,902
May 20183251,28565.382.90$24,976
Apr 20181641,26063.842.90$14,125
Mar 20183281,66461.222.79$24,717
Feb 201816881861.782.77$12,642
Jan 20183351,09762.874.01$25,460
Dec 20171671,15157.272.92$12,927
Nov 201732088555.423.12$20,494
Oct 20173371,49349.292.98$21,065
Sep 201733812747.523.09$16,454
Aug 201716621545.373.00$8,177
Jul 201733819543.873.09$15,430
Jun 20173391,68342.493.09$19,600
May 20173421,16045.373.26$19,302
Apr 201733559247.933.21$17,958
Mar 20173491,40546.772.98$20,515
Feb 201729973050.452.95$17,240
Jan 201734940149.413.42$18,615
Dec 20163491,50548.763.72$22,620
Nov 20163361,48042.492.64$18,190
Oct 201632399546.193.09$17,994
Sep 201634535841.553.10$15,445
Aug 20164851,64341.442.92$24,903
Jul 201634886841.622.92$17,022
Jun 20163471,51745.352.69$19,811
May 20164921,20142.521.99$23,311
Apr 201633219636.561.99$12,528
Mar 201629923033.011.79$10,283
Feb 201649311926.472.06$13,295
Jan 201633718827.352.36$9,661
Dec 201547015432.362.00$15,517
Nov 201533120238.792.17$13,277
Oct 201549921043.552.43$22,241
Sep 201547318242.992.76$20,836
Aug 201541019040.162.87$17,011
Jul 201551811548.152.95$25,280
Jun 201534612056.152.88$19,774
May 20153469055.212.96$19,369
Apr 201570013449.822.71$35,237
Mar 201533513442.892.93$14,761
Feb 201548313344.662.98$21,967
Jan 201533013543.433.10$14,750
Dec 201448813254.693.59$27,163
Nov 201448413470.464.25$34,672
Oct 201449112678.303.90$38,937
Sep 201449013686.164.05$42,769
Aug 201447313989.394.04$42,842
Jul 201432010296.564.18$31,326
Jun 201432416698.164.74$32,590
May 201444615094.734.73$42,959
Apr 201430913195.944.81$30,275
Mar 201446815295.895.06$45,645
Feb 201429811397.406.19$29,725
Jan 20146089090.404.86$55,401
Dec 20134315091.824.35$39,792
Nov 20133286888.853.74$29,397
Oct 201348610197.423.78$47,728
Sep 2013472179104.113.72$49,805
Aug 2013488170104.253.52$51,473
Jul 2013490184102.523.72$50,919
Jun 201352513394.403.93$50,083
May 20135278594.834.15$50,328
Apr 201352710593.964.28$49,967
Mar 201352616693.623.91$49,894
Feb 201350717891.233.42$46,862
Jan 201367119091.603.42$62,113
Dec 2012533086.773.42$46,248
Nov 201269617586.953.62$61,152
Oct 201252717389.383.40$47,691
Sep 2012529194.672.92$50,083
Aug 201251142292.662.91$48,577
Jul 201269317385.133.02$59,518
Jun 201235120579.822.52$28,533
May 201252617891.612.49$48,630
Apr 2012352135101.652.00$36,050
Mar 2012354136105.052.22$37,490
Feb 2012356162101.102.57$36,408
Jan 201235617298.092.73$35,390
Dec 201135448096.873.24$35,847
Nov 20113539795.723.31$34,110
Oct 201152919484.983.65$45,662
Sep 2011352083.623.99$29,434
Aug 2011348083.404.15$29,023
Jul 201134134994.144.52$33,678
Jun 201152350392.904.64$50,921
May 201134932198.134.40$35,661
Apr 2011353423105.964.33$39,237
Mar 201152830896.364.06$52,128
Feb 201134520485.644.18$30,399
Jan 201135841586.504.59$32,871
Dec 201053074785.734.35$48,685
Nov 201035344180.843.80$30,210
Oct 201052993078.103.51$44,578
Sep 201052428072.633.98$39,172
Aug 201050847673.684.42$39,533
Jul 201050433572.554.74$38,152
Jun 201050825270.364.91$36,980
May 201064526371.124.24$46,986
Apr 201051038381.694.12$43,241
Mar 201069152978.394.39$56,489
Feb 201065664573.585.44$51,779
Jan 201090181074.365.96$71,829
Dec 20091,16160871.445.48$86,276
Nov 200957949574.593.75$45,045
Oct 200940442072.544.11$31,032
Sep 200939248165.543.06$27,166
Aug 200936243567.423.22$25,806
Jul 200941942961.133.46$27,100
Jun 200935839966.163.90$25,239
May 200938848854.743.93$23,155
Apr 200938338546.773.59$19,294
Mar 200938640942.144.06$17,926
Feb 200941336932.814.63$15,260
Jan 200937537435.865.37$15,456
Dec 200841234837.105.98$17,365
Nov 200835636355.496.86$22,245
Oct 200848638275.246.92$39,211
Sep 2008397369101.767.88$43,305
Aug 2008342354114.228.48$42,066
Jul 2008413344131.0811.39$58,054
Jun 2008295295131.3313.03$42,587
May 2008185295123.1711.57$26,201
Apr 2008369295110.3110.45$43,789
Mar 2008405295101.909.66$44,120
Feb 200838747292.538.77$39,949
Jan 200841539690.388.21$40,757
Dec 200743931588.337.30$41,077
Nov 200752430191.677.29$50,230
Oct 200735717582.856.92$30,789
Sep 200747922175.846.24$37,707
Aug 200750921669.066.39$36,531
Jul 20074939770.906.39$35,573
Jun 200743926362.007.55$29,203
May 200753646658.747.85$35,141
Apr 200754736959.617.81$35,487
Mar 200757118356.927.30$33,838
Feb 200754315955.108.22$31,226
Jan 200776334150.306.73$40,673
Dec 200659741156.656.92$36,664
Nov 200656412454.207.62$31,513
Oct 20067028254.906.01$39,033
Sep 200644816060.085.04$27,722
Aug 200656421768.717.34$40,345
Jul 200651023569.376.34$36,869
Jun 200659812366.286.38$40,421
May 200665319066.016.42$44,325
Apr 200661424964.397.36$41,368
Mar 200654121656.707.08$32,205
Feb 200652711357.597.75$31,226
Jan 200667418360.598.93$42,472
Dec 2005736054.9413.42$40,436
Nov 2005643054.6910.59$35,166
Oct 2005631058.3413.80$36,813
Sep 2005622061.4512.08$38,222
Aug 2005670061.519.80$41,212
Jul 2005755055.697.84$42,046
Jun 2005737052.337.38$38,567
May 2005783045.226.65$35,407
Apr 2005736049.207.36$36,211
Mar 2005704050.377.15$35,460
Feb 2005836045.226.31$37,804
Jan 2005772043.166.32$33,320
Dec 2004731039.866.75$29,138
Nov 2004784045.286.33$35,500
Oct 2004902049.706.52$44,829
Sep 2004793043.245.28$34,289
Aug 2004977042.375.55$41,395
Jul 20041,116038.286.08$42,720
Jun 20041,075036.106.43$38,808
May 20041,168037.486.49$43,777
Apr 20041,187034.475.86$40,916
Mar 20041,316034.365.53$45,218
Feb 20041,066032.455.51$34,592
Jan 2004771032.036.30$24,695
Dec 2003715030.266.30$21,636
Nov 2003722028.804.60$20,794
Oct 2003744028.174.76$20,958
Sep 2003724026.314.75$19,048
Aug 2003758029.765.13$22,558
Jul 2003726029.415.17$21,352
Jun 2003696028.565.98$19,878
May 2003718026.595.97$19,092
Apr 2003668026.675.41$17,816
Mar 2003773031.146.10$24,071
Feb 2003665033.487.93$22,264
Jan 2003794030.315.58$24,066
Dec 2002795026.914.85$21,393
Nov 2002735024.664.14$18,125
Oct 2002739026.464.23$19,554
Sep 2002693027.443.64$19,016
Aug 2002780025.963.16$20,249
Jul 2002805024.583.06$19,787
Jun 2002646023.733.34$15,330
May 2002784024.663.58$19,333
Apr 2002751023.653.51$17,761
Mar 2002806022.003.10$17,732
Feb 2002766018.222.38$13,957
Jan 2002853017.172.38$14,646
Dec 2001966016.932.36$16,354
Nov 2001555018.072.41$10,029
Oct 2001913019.782.53$18,059
Sep 20011,011024.262.25$24,527
Aug 2001944024.873.05$23,477
Jul 2001935023.933.20$22,375
Jun 20011,014024.563.82$24,904
May 20011,000025.524.31$25,520
Apr 2001913024.685.34$22,533
Mar 20011,164024.545.38$28,565
Feb 20011,021027.755.77$28,333
Jan 20011,273027.478.40$34,969
Dec 20001,217026.889.12$32,713
Nov 20001,306032.215.66$42,066
Oct 20001,367031.235.15$42,691
Sep 20001,419031.875.19$45,224
Aug 20001,513029.644.54$44,845
Jul 20001,561028.534.09$44,535
Jun 20001,441029.304.40$42,221
May 20001,597027.263.68$43,534
Apr 20001,556024.513.12$38,138
Mar 20001,626028.422.86$46,211
Feb 20001,544027.622.73$42,645
Jan 20001,718025.272.48$43,414
Dec 19991,634024.282.42$39,674
Nov 19991,137023.192.43$26,367
Oct 19991,007020.982.80$21,127
Sep 1999941021.752.62$20,467
Aug 19991,118019.262.88$21,533
Jul 19991,045017.892.37$18,695
Jun 19991,131015.942.36$18,028
May 19991,210015.792.32$19,106
Apr 1999964015.102.21$14,556
Mar 19991,093012.471.84$13,630
Feb 199995109.981.82$9,491
Jan 19991,152010.381.90$11,958
Dec 199899009.201.77$9,108
Nov 19981,183010.892.19$12,883
Oct 19981,443012.421.97$17,922
Sep 19981,111012.592.08$13,987
Aug 19981,230011.301.91$13,899
Jul 19981,189011.742.24$13,959
Jun 19981,112011.242.24$12,499
May 19981,204012.622.21$15,194
Apr 19981,442013.042.51$18,804
Mar 19981,394012.802.31$17,843
Feb 19981,314013.952.30$18,330
Jan 19981,436014.702.15$21,109
Dec 19971,398016.322.41$22,815
Nov 19971,481018.193.09$26,939
Oct 19971,630019.253.15$31,378
Sep 19971,590017.742.95$28,207
Aug 19971,734017.862.55$30,969
Jul 19971,664017.582.25$29,253
Jun 19971,834017.242.26$31,618
May 19971,912018.972.31$36,271
Apr 19971,945017.882.08$34,777
Mar 19972,067018.951.94$39,170
Feb 19971,391020.492.21$28,502
Jan 19971,609023.483.54$37,779
Dec 19961,666023.32$38,851
Nov 19961,704021.97$37,437
Oct 19961,718023.31$40,047
Sep 19961,611022.22$35,796
Aug 19961,748020.26$35,414
Jul 19961,812019.55$35,425
Jun 19961,951018.73$36,542
May 19962,091019.43$40,628
Apr 19961,964021.51$42,246
Mar 19962,445019.38$47,384
Feb 19962,418016.98$41,058
Jan 19962,772017.07$47,318
Dec 19952,819017.19$48,459
Nov 19952,454016.00$39,264
Oct 19952,511015.43$38,745
Sep 19952,783016.18$45,029
Aug 19952,928015.92$46,614
Jul 19952,313015.24$35,250
Jun 19951,721016.41$28,242
May 19951,178017.56$20,686
Apr 19951,051017.73$18,634
Mar 19951,409016.44$23,164
Feb 19951,212016.58$20,095
Jan 19951,419015.92$22,590
Dec 1994887015.03$13,332
Nov 1994352015.90$5,597
Oct 1994479015.58$7,463
Sep 1994354115.29$5,413
Aug 1994525116.13$8,468
Jul 1994349117.56$6,128
Jun 1994477117.09$8,152
May 1994489115.88$7,765
Apr 1994354114.14$5,006
Mar 1994489112.46$6,093
Feb 1994359112.50$4,488
Jan 1994530112.66$6,710
Dec 1993357112.33$4,402
Nov 1993534114.49$7,738
Oct 1993356115.85$5,643
Sep 1993441115.03$6,628
Aug 1993484115.66$7,579
Jul 1993493115.46$7,622
Jun 1993525116.79$8,815
May 1993523117.68$9,247
Apr 1993513118.05$9,260
Mar 1993637118.14$11,555
Feb 1993533117.90$9,541
Jan 1993363116.93$6,146

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                   89 bbl  × $ 89.75 =     $7,988
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                   $7,988

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/26788 is the state's own key, not one this site invented.