FIRST NATIONAL COMPANY

Operated by NEWPORT OPERATING, LLC (P-5 607883) in the WICHITA COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4954District 09Field 97155001OilCasinghead gasSaveExport
Value, all time
$4.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$276 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 1,994 leases and 19,278 wells, and the rule below applies to all of them.

Discovered
1910-12-31
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

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
OilDisposition98,952 bbl$4,771,550
Casinghead gasProduction21 Mcf$0
Total$4,771,550

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 (44)

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 33.8747, -98.7816. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles. 1 well has no surveyed location and is left out of it.

33.87411, -98.78113 · centre of 43 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
31.8%
14 of 44 wells
With a plug date
27.3%
12 of 44 wells
Median depth
1,097 ft
38 wells filed one
Completion to plug
18.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1431.8%
A plug date is filed
1227.3%
BothOn the schedule and plugged. Neither fact cancels the other.
1227.3%
NeitherNo plug date, and not on the schedule.
3068.2%

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, 38 of 44 wells. Median 1,097 ft, with the middle half between 826 and 1,608 ft; the shallowest is 450 ft and the deepest 2,100 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, 27 of 44 wells, Jan 1990 – Mar 2026. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 1990 – Mar 2026
27 of 44 wells; 17 filed none
Plug dates filed
Aug 1972 – Oct 2017
12 of 44 wells; 32 filed none

Last completion to plug: a median of 18.4 years across the 1 well that filed both dates, with the middle half between 18.4 years and 18.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

44 wells

42-48520015231,082 ftJul 1978Yes
42-48520016211,083 ftAug 1972Yes
42-48520020221,269 ftJun 1996Yes
42-48520029261,117 ftJun 1996Yes
42-4854246636700 ftOct 2017Yes
42-4858033311,061 ftNov 1972Yes
42-4858033421,062 ftAug 2006Yes
42-4858033531,055 ftJul 1978Yes
42-485803367Yes
42-4858033781,053 ftOct 1984Yes
42-48580339131,027 ftFeb 1991Yes
42-4858034015450 ftJul 1978Yes
42-4858034724Yes
42-4858033810
42-4858034118
42-4858034320
42-4858034825
42-4854233430699 ftMar 2026
42-4854641254A759 ftJan 2026
42-48546396551,108 ftMay 2025
42-48546395561,140 ftMay 2025
42-4854639757733 ftJan 2025
42-48546381531,568 ftSep 2024
42-48546382451,812 ftJul 2024
42-48546373471,397 ftJun 2024
42-48546370461,391 ftJan 2024
42-48546363441,585 ftDec 2023
42-48546369501,436 ftDec 2023
42-48546372521,637 ftNov 2023
42-48546374511,616 ftNov 2023
42-48545150411,866 ftNov 2011
42-48545151421,867 ftNov 2011
42-48545056401,850 ftSep 2011
42-48545055391,850 ftSep 2011
42-48544911381,850 ftDec 2010
42-4854240834696 ftAug 2010
42-48520014191,085 ftMar 1993Aug 2011Yes
42-4854254337690 ftOct 1992
42-4854233733500 ftJun 1992
42-4854233631702 ftFeb 1992
42-4854240735695 ftOct 1991
42-48542335321,041 ftAug 1991
42-48542060281,850 ftMar 1990
42-48542035272,100 ftJan 1990

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 20261910106.413.05$20,324
Apr 2026321098.932.87$31,757
Mar 2026342089.753.15$30,695
Feb 2026355063.503.75$22,543
Jan 2026313059.138.00$18,508
Dec 2025480056.664.41$27,197
Nov 2025330058.593.93$19,335
Oct 2025362059.383.30$21,496
Sep 2025326062.743.08$20,453
Aug 2025354063.933.01$22,631
Jul 2025281066.743.32$18,754
Jun 2025338066.483.13$22,470
May 2025332060.553.23$20,103
Apr 2025345062.363.54$21,514
Mar 2025341067.704.27$23,086
Feb 2025380070.884.34$26,934
Jan 2025483074.324.28$35,897
Dec 2024342068.993.12$23,595
Nov 2024335069.052.20$23,132
Oct 2024502071.372.28$35,828
Sep 2024354069.612.36$24,642
Aug 2024329075.632.06$24,882
Jul 2024341079.932.15$27,256
Jun 2024454078.082.63$35,448
May 2024346078.812.20$27,268
Apr 2024469084.451.66$39,607
Mar 2024490080.301.55$39,347
Feb 2024505076.091.78$38,425
Jan 2024665073.023.30$48,558
Dec 2023681071.262.61$48,528
Nov 2023832077.892.81$64,804
Oct 2023607085.443.09$51,862
Sep 202375089.042.74$6,678
Aug 202396080.522.67$7,730
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023140070.622.23$9,887
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023101075.112.47$7,586
Jan 2023170076.533.39$13,010
Dec 20220076.415.73$0
Nov 2022171085.005.65$14,535
Oct 20220087.185.86$0
Sep 2022168084.888.16$14,260
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20221700115.097.98$19,565
May 20221630109.378.43$17,827
Apr 202200104.226.84$0
Mar 20221700108.885.08$18,510
Feb 2022167091.054.86$15,205
Jan 2022173081.844.54$14,158
Dec 20210071.323.90$0
Nov 2021168077.435.24$13,008
Oct 20210079.795.71$0
Sep 2021166069.865.35$11,597
Aug 2021171066.024.22$11,289
Jul 20211070.783.98$71
Jun 2021167069.493.38$11,605
May 20210063.483.02$0
Apr 2021165060.362.76$9,959
Mar 20212061.302.72$123
Feb 20210057.805.55$0
Jan 2021170050.412.81$8,570
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020167039.982.39$6,677
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020170014.751.80$2,508
Mar 20200030.341.86$0
Feb 2020165049.881.98$8,230
Jan 20200057.252.09$0
Dec 2019171059.012.30$10,091
Nov 20190055.302.75$0
Oct 2019168053.472.42$8,983
Sep 20190055.052.66$0
Aug 2019165053.112.30$8,763
Jul 20190056.272.46$0
Jun 2019165052.782.49$8,709
May 20190058.482.74$0
Apr 2019176062.632.75$11,023
Mar 2019164056.803.06$9,315
Feb 20190050.852.79$0
Jan 2019171046.033.23$7,871
Dec 20180046.594.19$0
Nov 2018168052.934.24$8,892
Oct 20180061.443.40$0
Sep 2018163059.543.11$9,705
Aug 2018163059.403.07$9,682
Jul 2018159065.142.93$10,357
Jun 20180060.183.08$0
May 2018320065.382.90$20,922
Apr 2018164063.842.90$10,470
Mar 20180061.222.79$0
Feb 2018160061.782.77$9,885
Jan 2018161062.874.01$10,122
Dec 2017170057.272.92$9,736
Nov 2017159055.423.12$8,812
Oct 2017159049.292.98$7,837
Sep 2017168047.523.09$7,983
Aug 20170045.373.00$0
Jul 2017161043.873.09$7,063
Jun 2017159042.493.09$6,756
May 2017160045.373.26$7,259
Apr 2017160047.933.21$7,669
Mar 2017161046.772.98$7,530
Feb 2017168050.452.95$8,476
Jan 20170049.413.42$0
Dec 2016157048.763.72$7,655
Nov 2016330042.492.64$14,022
Oct 20160046.193.09$0
Sep 2016325041.553.10$13,504
Aug 2016161041.442.92$6,672
Jul 2016160041.622.92$6,659
Jun 20160045.352.69$0
May 2016159042.521.99$6,761
Apr 2016161036.561.99$5,886
Mar 2016154033.011.79$5,084
Feb 2016154026.472.06$4,076
Jan 20160027.352.36$0
Dec 2015159032.362.00$5,145
Nov 2015164038.792.17$6,362
Oct 2015158043.552.43$6,881
Sep 2015164042.992.76$7,050
Aug 2015158040.162.87$6,345
Jul 2015160048.152.95$7,704
Jun 2015164056.152.88$9,209
May 2015169055.212.96$9,330
Apr 2015152049.822.71$7,573
Mar 2015162042.892.93$6,948
Feb 2015167044.662.98$7,458
Jan 2015154043.433.10$6,688
Dec 2014157054.693.59$8,586
Nov 2014158070.464.25$11,133
Oct 2014173078.303.90$13,546
Sep 2014163086.164.05$14,044
Aug 2014173089.394.04$15,464
Jul 2014171096.564.18$16,512
Jun 2014166098.164.74$16,295
May 2014170094.734.73$16,104
Apr 2014168095.944.81$16,118
Mar 2014323095.895.06$30,972
Feb 20140097.406.19$0
Jan 2014322090.404.86$29,109
Dec 2013168091.824.35$15,426
Nov 20130088.853.74$0
Oct 2013334097.423.78$32,538
Sep 20131710104.113.72$17,803
Aug 20131710104.253.52$17,827
Jul 20133470102.523.72$35,574
Jun 2013175094.403.93$16,520
May 2013170094.834.15$16,121
Apr 2013345093.964.28$32,416
Mar 2013172093.623.91$16,103
Feb 2013175091.233.42$15,965
Jan 2013347091.603.42$31,785
Dec 2012170086.773.42$14,751
Nov 2012353086.953.62$30,693
Oct 20120089.383.40$0
Sep 2012346094.672.92$32,756
Aug 2012345092.662.91$31,968
Jul 2012522085.133.02$44,438
Jun 2012175079.822.52$13,969
May 2012350091.612.49$32,064
Apr 20125310101.652.00$53,976
Mar 20127050105.052.22$74,060
Feb 20125170101.102.57$52,269
Jan 20121,046098.092.73$102,602
Dec 20111,254096.873.24$121,475
Nov 20111,931095.723.31$184,835
Oct 20111,055084.983.65$89,654
Sep 2011363083.623.99$30,354
Aug 2011521083.404.15$43,451
Jul 2011173094.144.52$16,286
Jun 2011175092.904.64$16,258
May 2011175098.134.40$17,173
Apr 20113560105.964.33$37,722
Mar 2011176096.364.06$16,959
Feb 2011353085.644.18$30,231
Jan 2011364086.504.59$31,486
Dec 2010356085.734.35$30,520
Nov 2010356080.843.80$28,779
Oct 2010354078.103.51$27,647
Sep 2010175072.633.98$12,710
Aug 2010175073.684.42$12,894
Jul 2010177072.554.74$12,841
Jun 2010180070.364.91$12,665
May 20100071.124.24$0
Apr 2010176081.694.12$14,377
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 2009185071.445.48$13,216
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009182065.543.06$11,928
Aug 20090067.423.22$0
Jul 2009176061.133.46$10,759
Jun 20090066.163.90$0
May 2009178054.743.93$9,744
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 2009180032.814.63$5,906
Jan 20090035.865.37$0
Dec 2008177037.105.98$6,567
Nov 20080055.496.86$0
Oct 2008181075.246.92$13,618
Sep 200800101.767.88$0
Aug 20081800114.228.48$20,560
Jul 200800131.0811.39$0
Jun 20081820131.3313.03$23,902
May 200800123.1711.57$0
Apr 20081790110.3110.45$19,745
Mar 20081790101.909.66$18,240
Feb 2008183092.538.77$16,933
Jan 2008174090.388.21$15,726
Dec 2007174088.337.30$15,369
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007182075.846.24$13,803
Aug 20070069.066.39$0
Jul 2007179070.906.39$12,691
Jun 20070062.007.55$0
May 2007183058.747.85$10,749
Apr 20070059.617.81$0
Mar 2007184056.927.30$10,473
Feb 20070055.108.22$0
Jan 2007185050.306.73$9,306
Dec 2006183056.656.92$10,367
Nov 2006182054.207.62$9,864
Oct 20060054.906.01$0
Sep 2006180060.085.04$10,814
Aug 2006175068.717.34$12,024
Jul 2006174069.376.34$12,070
Jun 2006179066.286.38$11,864
May 20060066.016.42$0
Apr 2006188064.397.36$12,105
Mar 2006376056.707.08$21,319
Feb 20060057.597.75$0
Jan 2006189060.598.93$11,452
Dec 2005185054.9413.42$10,164
Nov 2005188054.6910.59$10,282
Oct 20050058.3413.80$0
Sep 2005140061.4512.08$8,603
Aug 20050061.519.80$0
Jul 2005186055.697.84$10,358
Jun 2005371052.337.38$19,414
May 2005189045.226.65$8,547
Apr 2005187049.207.36$9,200
Mar 2005189050.377.15$9,520
Feb 2005374045.226.31$16,912
Jan 2005186043.166.32$8,028
Dec 2004189039.866.75$7,534
Nov 2004189045.286.33$8,558
Oct 2004188049.706.52$9,344
Sep 2004372043.245.28$16,085
Aug 2004188042.375.55$7,966
Jul 2004184038.286.08$7,044
Jun 2004186036.106.43$6,715
May 2004187037.486.49$7,009
Apr 2004187034.475.86$6,446
Mar 2004187034.365.53$6,425
Feb 20040032.455.51$0
Jan 2004185032.036.30$5,926
Dec 2003365030.266.30$11,045
Nov 2003187028.804.60$5,386
Oct 2003188028.174.76$5,296
Sep 2003185026.314.75$4,867
Aug 2003187029.765.13$5,565
Jul 2003186029.415.17$5,470
Jun 2003373028.565.98$10,653
May 2003187026.595.97$4,972
Apr 2003367026.675.41$9,788
Mar 2003186031.146.10$5,792
Feb 2003189033.487.93$6,328
Jan 2003188030.315.58$5,698
Dec 2002189026.914.85$5,086
Nov 2002185024.664.14$4,562
Oct 2002376026.464.23$9,949
Sep 2002183027.443.64$5,022
Aug 2002373025.963.16$9,683
Jul 2002188024.583.06$4,621
Jun 2002187023.733.34$4,438
May 2002183024.663.58$4,513
Apr 2002373023.653.51$8,821
Mar 2002189022.003.10$4,158
Feb 2002373018.222.38$6,796
Jan 2002189017.172.38$3,245
Dec 2001378016.932.36$6,400
Nov 2001185018.072.41$3,343
Oct 2001184019.782.53$3,640
Sep 2001187024.262.25$4,537
Aug 2001365024.873.05$9,078
Jul 2001184023.933.20$4,403
Jun 2001369024.563.82$9,063
May 2001367025.524.31$9,366
Apr 2001367024.685.34$9,058
Mar 2001553024.545.38$13,571
Feb 2001370027.755.77$10,268
Jan 2001364027.478.40$9,999
Dec 2000368026.889.12$9,892
Nov 2000535032.215.66$17,232
Oct 2000185031.235.15$5,778
Sep 2000362031.875.19$11,537
Aug 2000181029.644.54$5,365
Jul 2000334028.534.09$9,529
Jun 2000356029.304.40$10,431
May 2000367027.263.68$10,004
Apr 2000184024.513.12$4,510
Mar 2000179028.422.86$5,087
Feb 2000180027.622.73$4,972
Jan 2000183025.272.48$4,624
Dec 1999368024.282.42$8,935
Nov 1999184023.192.43$4,267
Oct 1999179020.982.80$3,755
Sep 1999174021.752.62$3,785
Aug 1999353019.262.88$6,799
Jul 1999186017.892.37$3,328
Jun 1999371015.942.36$5,914
May 1999185015.792.32$2,921
Apr 19990015.102.21$0
Mar 1999176012.471.84$2,195
Feb 199918909.981.82$1,886
Jan 1999372010.381.90$3,861
Dec 199837909.201.77$3,487
Nov 1998376010.892.19$4,095
Oct 1998375012.421.97$4,658
Sep 1998742012.592.08$9,342
Aug 1998368011.301.91$4,158
Jul 1998369011.742.24$4,332
Jun 1998370011.242.24$4,159
May 1998185012.622.21$2,335
Apr 1998547013.042.51$7,133
Mar 1998362012.802.31$4,634
Feb 1998373013.952.30$5,203
Jan 1998378014.702.15$5,557
Dec 1997564016.322.41$9,204
Nov 1997559018.193.09$10,168
Oct 1997373019.253.15$7,180
Sep 1997557017.742.95$9,881
Aug 1997373017.862.55$6,662
Jul 1997370017.582.25$6,505
Jun 1997374017.242.26$6,448
May 1997562018.972.31$10,661
Apr 1997376017.882.08$6,723
Mar 1997564018.951.94$10,688
Feb 1997378020.492.21$7,745
Jan 1997566023.483.54$13,290
Dec 1996566023.32$13,199
Nov 1996565021.97$12,413
Oct 1996562023.31$13,100
Sep 1996550022.22$12,221
Aug 1996369020.26$7,476
Jul 1996552019.55$10,792
Jun 1996550018.73$10,302
May 1996364019.43$7,073
Apr 1996485021.51$10,432
Mar 1996336019.38$6,512
Feb 1996513016.98$8,711
Jan 1996345017.07$5,889
Dec 1995516017.19$8,870
Nov 1995513016.00$8,208
Oct 1995682015.43$10,523
Sep 1995680016.18$11,002
Aug 1995677015.92$10,778
Jul 1995338015.24$5,151
Jun 1995338016.41$5,547
May 1995337017.56$5,918
Apr 1995512017.73$9,078
Mar 1995342016.44$5,622
Feb 1995173016.58$2,868
Jan 1995340015.92$5,413
Dec 1994342015.03$5,140
Nov 1994338015.90$5,374
Oct 1994337015.58$5,250
Sep 1994338115.29$5,168
Aug 1994336116.13$5,420
Jul 1994335117.56$5,883
Jun 1994337117.09$5,759
May 1994339115.88$5,383
Apr 1994340114.14$4,808
Mar 1994172112.46$2,143
Feb 1994345112.50$4,313
Jan 1994336112.66$4,254
Dec 1993346112.33$4,266
Nov 1993344114.49$4,985
Oct 1993340115.85$5,389
Sep 1993339115.03$5,095
Aug 1993338115.66$5,293
Jul 1993505115.46$7,807
Jun 1993507116.79$8,513
May 1993335117.68$5,923
Apr 1993514118.05$9,278
Mar 1993517118.14$9,378
Feb 1993345117.90$6,176
Jan 1993515116.93$8,719

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                  191 bbl  × $106.41 =    $20,324
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $20,324

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/4954 is the state's own key, not one this site invented.