CHOATE

Operated by HORSESHOE PRODUCTION, LLC (P-5 401729) in the MINTA WRIGHT (MISSISSIPPI) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27031District 09Field 61998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$6.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$157 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 12 leases and 16 wells, and the rule below applies to all of them.

Discovered
1949-12-31
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

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
OilDisposition228,330 bbl$6,079,060
Casinghead gasProduction12,390 Mcf$75,081
Total$6,154,142

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 (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 33.0410, -98.6936. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.04106, -98.69364 · 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
4,320 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 4,318 and 4,321 ft, median 4,320 ft, over the 2 wells that filed a depth.

Completions filed
May 1988 – Mar 1989
2 of 2 wells

2 wells

42-5033994324,321 ftMar 1989
42-5033975214,318 ftMay 1988

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 20263310106.413.05$35,222
Apr 2026169098.932.87$16,719
Mar 2026171089.753.15$15,347
Feb 2026167063.503.75$10,605
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 2025160058.593.93$9,374
Oct 2025163059.383.30$9,679
Sep 2025161062.743.08$10,101
Aug 2025323063.933.01$20,649
Jul 2025106066.743.32$7,074
Jun 2025337066.483.13$22,404
May 2025170060.553.23$10,294
Apr 20250062.363.54$0
Mar 2025323067.704.27$21,867
Feb 2025166070.884.34$11,766
Jan 2025504074.324.28$37,457
Dec 2024321068.993.12$22,146
Nov 2024168069.052.20$11,600
Oct 2024512071.372.28$36,541
Sep 2024173069.612.36$12,043
Aug 2024509075.632.06$38,496
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024137078.812.20$10,797
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023170071.262.61$12,114
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 20224076.415.73$306
Nov 2022174085.005.65$14,790
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 20221740109.378.43$19,030
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 2021172071.323.90$12,267
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 2021173060.362.76$10,442
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 2020170038.371.83$6,523
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 2019172056.272.46$9,678
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 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018181059.543.11$10,777
Aug 2018180059.403.07$10,692
Jul 20180065.142.93$0
Jun 2018172060.183.08$10,351
May 2018343065.382.90$22,425
Apr 2018171063.842.90$10,917
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20181062.874.01$63
Dec 20170057.272.92$0
Nov 2017170055.423.12$9,421
Oct 20170049.292.98$0
Sep 2017177047.523.09$8,411
Aug 2017174045.373.00$7,894
Jul 20170043.873.09$0
Jun 2017175042.493.09$7,436
May 2017175045.373.26$7,940
Apr 2017172047.933.21$8,244
Mar 2017174046.772.98$8,138
Feb 20170050.452.95$0
Jan 2017148049.413.42$7,313
Dec 20160048.763.72$0
Nov 2016163042.492.64$6,926
Oct 2016177046.193.09$8,176
Sep 20160041.553.10$0
Aug 2016164041.442.92$6,796
Jul 2016167041.622.92$6,951
Jun 2016166045.352.69$7,528
May 2016166042.521.99$7,058
Apr 2016172036.561.99$6,288
Mar 2016169033.011.79$5,579
Feb 20160026.472.06$0
Jan 2016340027.352.36$9,299
Dec 20151032.362.00$32
Nov 20150038.792.17$0
Oct 2015164043.552.43$7,142
Sep 20150042.992.76$0
Aug 2015172040.162.87$6,908
Jul 2015165048.152.95$7,945
Jun 2015169056.152.88$9,489
May 20150055.212.96$0
Apr 2015167049.822.71$8,320
Mar 2015165042.892.93$7,077
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014172054.693.59$9,407
Nov 2014173070.464.25$12,190
Oct 2014169078.303.90$13,233
Sep 2014169086.164.05$14,561
Aug 20140089.394.04$0
Jul 2014323096.564.18$31,189
Jun 20140098.164.74$0
May 2014165094.734.73$15,630
Apr 2014157095.944.81$15,063
Mar 2014166095.895.06$15,918
Feb 2014170097.406.19$16,558
Jan 20140090.404.86$0
Dec 2013171091.824.35$15,701
Nov 20130088.853.74$0
Oct 2013168097.423.78$16,367
Sep 20133380104.113.72$35,189
Aug 20131660104.253.52$17,306
Jul 20131660102.523.72$17,018
Jun 2013168094.403.93$15,859
May 2013169094.834.15$16,026
Apr 20130093.964.28$0
Mar 2013173093.623.91$16,196
Feb 20130091.233.42$0
Jan 2013170091.603.42$15,572
Dec 2012171086.773.42$14,838
Nov 2012173086.953.62$15,042
Oct 2012170089.383.40$15,195
Sep 2012175094.672.92$16,567
Aug 2012175092.662.91$16,216
Jul 20120085.133.02$0
Jun 2012169079.822.52$13,490
May 2012174091.612.49$15,940
Apr 20121710101.652.00$17,382
Mar 20121790105.052.22$18,804
Feb 20121720101.102.57$17,389
Jan 20120098.092.73$0
Dec 2011168096.873.24$16,274
Nov 2011174095.723.31$16,655
Oct 2011176084.983.65$14,956
Sep 20110083.623.99$0
Aug 2011173083.404.15$14,428
Jul 2011341094.144.52$32,102
Jun 2011175092.904.64$16,258
May 2011171098.134.40$16,780
Apr 20111770105.964.33$18,755
Mar 2011174096.364.06$16,767
Feb 2011159085.644.18$13,617
Jan 20110086.504.59$0
Dec 2010168085.734.35$14,403
Nov 2010172080.843.80$13,904
Oct 2010175078.103.51$13,668
Sep 2010171072.633.98$12,420
Aug 2010169073.684.42$12,452
Jul 2010171072.554.74$12,406
Jun 2010338070.364.91$23,782
May 2010340071.124.24$24,181
Apr 20100081.694.12$0
Mar 2010443078.394.39$34,727
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20093693871.445.48$26,570
Nov 200908274.593.75$308
Oct 20091726972.544.11$12,760
Sep 20091794765.543.06$11,876
Aug 20091755367.423.22$11,969
Jul 20091766461.133.46$10,981
Jun 20091786166.163.90$12,014
May 20091768054.743.93$9,948
Apr 20091744646.773.59$8,303
Mar 20091678942.144.06$7,399
Feb 200905732.814.63$264
Jan 20091716135.865.37$6,460
Dec 20081786237.105.98$6,974
Nov 20081766355.496.86$10,198
Oct 200806775.246.92$464
Sep 200835772101.767.88$36,895
Aug 200817289114.228.48$20,401
Jul 200817789131.0811.39$24,215
Jun 200817691131.3313.03$24,300
May 200817487123.1711.57$22,439
Apr 200817594110.3110.45$20,287
Mar 200817898101.909.66$19,085
Feb 200832210192.538.77$30,680
Jan 200815711490.388.21$15,125
Dec 200708788.337.30$635
Nov 20073095991.677.29$28,756
Oct 2007180082.856.92$14,913
Sep 2007355075.846.24$26,923
Aug 20073148269.066.39$22,209
Jul 200717812670.906.39$13,425
Jun 200717513062.007.55$11,831
May 200717612958.747.85$11,350
Apr 20071759459.617.81$11,165
Mar 20071645656.927.30$9,744
Feb 20073064655.108.22$17,239
Jan 200707550.306.73$505
Dec 2006331056.656.92$18,751
Nov 20061636254.207.62$9,307
Oct 20061585554.906.01$9,005
Sep 20061702160.085.04$10,319
Aug 200633911968.717.34$24,166
Jul 200617414169.376.34$12,965
Jun 200616914466.286.38$12,121
May 200617412966.016.42$12,315
Apr 200634810564.397.36$23,181
Mar 200617912456.707.08$11,028
Feb 200618210057.597.75$11,256
Jan 20061396960.598.93$9,038
Dec 20053528254.9413.42$20,439
Nov 200505254.6910.59$551
Oct 20051714758.3413.80$10,625
Sep 200518214661.4512.08$12,947
Aug 20053517861.519.80$22,354
Jul 200517617055.697.84$11,135
Jun 200566516552.337.38$36,017
May 2005014745.226.65$978
Apr 200515915549.207.36$8,964
Mar 200533915250.377.15$18,163
Feb 200537413845.226.31$17,783
Jan 200518915143.166.32$9,112
Dec 200426511039.866.75$11,306
Nov 200433712345.286.33$16,038
Oct 200437512149.706.52$19,426
Sep 200418616543.245.28$8,914
Aug 20043289242.375.55$14,408
Jul 200431619738.286.08$13,295
Jun 200430618736.106.43$12,250
May 200450720037.486.49$20,301
Apr 200437118434.475.86$13,866
Mar 200433619834.365.53$12,640
Feb 200454418232.455.51$18,656
Jan 200435418332.036.30$12,491
Dec 200334120330.266.30$11,598
Nov 200347820928.804.60$14,727
Oct 200331122628.174.76$9,837
Sep 200348223026.314.75$13,774
Aug 200335612129.765.13$11,215
Jul 200351225429.415.17$16,371
Jun 200334123028.565.98$11,115
May 200351622226.595.97$15,046
Apr 200349027126.675.41$14,534
Mar 200350427231.146.10$17,353
Feb 200368224533.487.93$24,775
Jan 200365825730.315.58$21,379
Dec 200262527826.914.85$18,168
Nov 200262627324.664.14$16,567
Oct 200275915226.464.23$20,726
Sep 2002631027.443.64$17,315
Aug 2002680025.963.16$17,653
Jul 200286510524.583.06$21,583
Jun 200286348823.733.34$22,108
May 200271642324.663.58$19,173
Apr 200293629223.653.51$23,162
Mar 200269937722.003.10$16,548
Feb 2002941118.222.38$17,147
Jan 2002821117.172.38$14,099
Dec 20011,043116.932.36$17,660
Nov 2001882118.072.41$15,940
Oct 20011,157119.782.53$22,888
Sep 2001787124.262.25$19,095
Aug 2001996124.873.05$24,774
Jul 20011,042123.933.20$24,938
Jun 20011,162124.563.82$28,543
May 20011,147125.524.31$29,276
Apr 2001816124.685.34$20,144
Mar 20011,084124.545.38$26,607
Feb 2001942127.755.77$26,146
Jan 20011,020127.478.40$28,028
Dec 20001,121126.889.12$30,142
Nov 20001,043132.215.66$33,601
Oct 20001,271131.235.15$39,698
Sep 20001,042131.875.19$33,214
Aug 20001,392129.644.54$41,263
Jul 20001,302128.534.09$37,150
Jun 20001,525129.304.40$44,687
May 20001,399127.263.68$38,140
Apr 20001,336124.513.12$32,748
Mar 20001,738128.422.86$49,397
Feb 20002,019127.622.73$55,768
Jan 20001,816125.272.48$45,893
Dec 19991,985124.282.42$48,198
Nov 19991,891123.192.43$43,855
Oct 19991,623120.982.80$34,053
Sep 19991,785121.752.62$38,826
Aug 19991,564119.262.88$30,126
Jul 19991,390117.892.37$24,869
Jun 19991,781115.942.36$28,392
May 19991,595115.792.32$25,187
Apr 19991,488115.102.21$22,471
Mar 19991,842112.471.84$22,972
Feb 19991,52219.981.82$15,191
Jan 19991,693110.381.90$17,575
Dec 19982,06919.201.77$19,037
Nov 19981,581110.892.19$17,219
Oct 19981,867112.421.97$23,190
Sep 19981,878112.592.08$23,646
Aug 19981,816111.301.91$20,523
Jul 19981,637111.742.24$19,221
Jun 19981,873111.242.24$21,055
May 19981,793112.622.21$22,630
Apr 19981,866113.042.51$24,335
Mar 19982,076112.802.31$26,575
Feb 19981,542113.952.30$21,513
Jan 19981,868114.702.15$27,462
Dec 19971,891116.322.41$30,864
Nov 19971,691118.193.09$30,762
Oct 19971,804119.253.15$34,730
Sep 19971,826117.742.95$32,396
Aug 19971,596117.862.55$28,507
Jul 19971,747117.582.25$30,715
Jun 19971,912117.242.26$32,965
May 19971,774118.972.31$33,655
Apr 19971,833117.882.08$32,776
Mar 19971,862118.951.94$35,287
Feb 19971,885120.492.21$38,626
Jan 19971,888123.483.54$44,334
Dec 19961,828123.32$42,629
Nov 19961,905121.97$41,853
Oct 19961,962123.31$45,734
Sep 19962,230122.22$49,551
Aug 19961,924120.26$38,980
Jul 19961,629119.55$31,847
Jun 19961,454118.73$27,233
May 19961,590119.43$30,894
Apr 19961,503121.51$32,330
Mar 19961,626119.38$31,512
Feb 19961,477116.98$25,079
Jan 19962,068117.07$35,301
Dec 19951,898117.19$32,627
Nov 19951,689116.00$27,024
Oct 19951,493115.43$23,037
Sep 19951,461116.18$23,639
Aug 19951,773115.92$28,226
Jul 19951,517115.24$23,119
Jun 19951,594116.41$26,158
May 19951,824117.56$32,029
Apr 19951,478117.73$26,205
Mar 19951,775116.44$29,181
Feb 19951,463116.58$24,257
Jan 19951,824115.92$29,038
Dec 19941,791115.03$26,919
Nov 19941,796115.90$28,556
Oct 19941,631115.58$25,411
Sep 19941,694115.29$25,901
Aug 19941,793116.13$28,921
Jul 19941,645117.56$28,886
Jun 19941,800117.09$30,762
May 19941,751115.88$27,806
Apr 19941,745114.14$24,674
Mar 19941,674112.46$20,858
Feb 19941,808112.50$22,600
Jan 19941,748112.66$22,130
Dec 19931,818112.33$22,416
Nov 19931,929114.49$27,951
Oct 19931,728115.85$27,389
Sep 19931,925115.03$28,933
Aug 19931,774115.66$27,781
Jul 19931,888115.46$29,188
Jun 19931,811116.79$30,407
May 19931,755117.68$31,028
Apr 19931,862118.05$33,609
Mar 19932,034118.14$36,897
Feb 19931,680117.90$30,072
Jan 19931,899116.93$32,150

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                  331 bbl  × $106.41 =    $35,222
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $35,222

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/27031 is the state's own key, not one this site invented.