M K & T RR CO.

Operated by LC OPERATING, LLC (P-5 491548) 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 5401District 09Field 97155001OilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$11 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
OilDisposition25,001 bbl$1,078,037
Casinghead gasProduction288 Mcf$1,029
Total$1,079,066

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 (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 34.0609, -98.5622. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles. 5 wells have no surveyed location and are left out of it.

34.06087, -98.56222 · centre of 2 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
28.6%
2 of 7 wells
With a plug date
14.3%
1 of 7 wells
Median depth
1,410 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
228.6%
A plug date is filed
114.3%
BothOn the schedule and plugged. Neither fact cancels the other.
114.3%
NeitherNo plug date, and not on the schedule.
571.4%

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 1,386 and 1,422 ft, median 1,410 ft, over the 3 wells that filed a depth.

Completions filed
Jun 1979 – Aug 1986
2 of 7 wells; 5 filed none
Plug dates filed
Aug 1974
1 of 7 wells; 6 filed none

7 wells

42-4858387831,410 ftAug 1974Yes
42-485838794Yes
42-485838772
42-485838805
42-485838816
42-4858387611,422 ftAug 1986
42-4853500071,386 ftJun 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 202641089.753.15$3,680
Feb 20260063.503.75$0
Jan 202611059.138.00$650
Dec 202533056.664.41$1,870
Nov 202541058.593.93$2,402
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202520066.743.32$1,335
Jun 202510066.483.13$665
May 202538060.553.23$2,301
Apr 202520062.363.54$1,247
Mar 202548067.704.27$3,250
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 202418069.052.20$1,243
Oct 202433071.372.28$2,355
Sep 202423069.612.36$1,601
Aug 202420075.632.06$1,513
Jul 20240079.932.15$0
Jun 202424078.082.63$1,874
May 202426078.812.20$2,049
Apr 202429084.451.66$2,449
Mar 202412080.301.55$964
Feb 202420076.091.78$1,522
Jan 202461073.023.30$4,454
Dec 202375071.262.61$5,345
Nov 202330077.892.81$2,337
Oct 202319085.443.09$1,623
Sep 202330089.042.74$2,671
Aug 202327080.522.67$2,174
Jul 202338074.852.64$2,844
Jun 202330068.962.26$2,069
May 202332070.622.23$2,260
Apr 202325078.122.24$1,953
Mar 20230072.852.39$0
Feb 202322075.112.47$1,652
Jan 202324076.533.39$1,837
Dec 202244076.415.73$3,362
Nov 20220085.005.65$0
Oct 202219087.185.86$1,656
Sep 202223084.888.16$1,952
Aug 202235094.529.13$3,308
Jul 2022210101.587.54$2,133
Jun 2022210115.097.98$2,417
May 2022150109.378.43$1,641
Apr 2022120104.226.84$1,251
Mar 2022270108.885.08$2,940
Feb 202232091.054.86$2,914
Jan 20220081.844.54$0
Dec 202160071.323.90$4,279
Nov 20210077.435.24$0
Oct 202134079.795.71$2,713
Sep 20210069.865.35$0
Aug 202119066.024.22$1,254
Jul 202127070.783.98$1,911
Jun 20210069.493.38$0
May 202127063.483.02$1,714
Apr 202127060.362.76$1,630
Mar 202141061.302.72$2,513
Feb 20210057.805.55$0
Jan 202122050.412.81$1,109
Dec 202029044.642.68$1,295
Nov 202029038.772.71$1,124
Oct 20200036.972.48$0
Sep 202046037.091.99$1,706
Aug 20200039.982.39$0
Jul 202037038.371.83$1,420
Jun 20200134.901.69$2
May 202040116.921.81$679
Apr 20200114.751.80$2
Mar 202032130.341.86$973
Feb 20200149.881.98$2
Jan 202033157.252.09$1,891
Dec 20190159.012.30$2
Nov 201920155.302.75$1,109
Oct 20190153.472.42$2
Sep 201939155.052.66$2,150
Aug 20190153.112.30$2
Jul 201936156.272.46$2,028
Jun 20190152.782.49$2
May 201966158.482.74$3,862
Apr 20190162.632.75$3
Mar 20190156.803.06$3
Feb 201933150.852.79$1,681
Jan 20190146.033.23$3
Dec 20180146.594.19$4
Nov 20180152.934.24$4
Oct 20180161.443.40$3
Sep 201856159.543.11$3,337
Aug 20180159.403.07$3
Jul 20180165.142.93$3
Jun 20180160.183.08$3
May 20180165.382.90$3
Apr 201840163.842.90$2,557
Mar 20180161.222.79$3
Feb 20180161.782.77$3
Jan 201833162.874.01$2,079
Dec 20170157.272.92$3
Nov 20170155.423.12$3
Oct 201727149.292.98$1,334
Sep 201731147.523.09$1,476
Aug 20170145.373.00$3
Jul 201740143.873.09$1,758
Jun 201735142.493.09$1,490
May 201732145.373.26$1,455
Apr 201740047.933.21$1,917
Mar 20170146.772.98$3
Feb 201724150.452.95$1,214
Jan 201731149.413.42$1,535
Dec 201673148.763.72$3,563
Nov 20160142.492.64$3
Oct 201664146.193.09$2,959
Sep 20160141.553.10$3
Aug 201656141.442.92$2,324
Jul 201632141.622.92$1,335
Jun 201643145.352.69$1,953
May 201669142.521.99$2,936
Apr 20160136.561.99$2
Mar 201633133.011.79$1,091
Feb 20160126.472.06$2
Jan 201626127.352.36$713
Dec 201579132.362.00$2,558
Nov 20150138.792.17$2
Oct 201548143.552.43$2,093
Sep 201564142.992.76$2,754
Aug 201586140.162.87$3,457
Jul 20150148.152.95$3
Jun 201555156.152.88$3,091
May 201551155.212.96$2,819
Apr 201571149.822.71$3,540
Mar 201587142.892.93$3,734
Feb 20150144.662.98$3
Jan 201556143.433.10$2,435
Dec 201455154.693.59$3,012
Nov 201449170.464.25$3,457
Oct 201452178.303.90$4,076
Sep 201488186.164.05$7,586
Aug 20140189.394.04$4
Jul 201454196.564.18$5,218
Jun 201455198.164.74$5,404
May 201452194.734.73$4,931
Apr 201443195.944.81$4,130
Mar 201471195.895.06$6,813
Feb 201480197.406.19$7,798
Jan 201485190.404.86$7,689
Dec 20130191.824.35$4
Nov 201359188.853.74$5,246
Oct 201387197.423.78$8,479
Sep 201301104.113.72$4
Aug 2013511104.253.52$5,320
Jul 2013541102.523.72$5,540
Jun 201362194.403.93$5,857
May 201378194.834.15$7,401
Apr 201387193.964.28$8,179
Mar 20130193.623.91$4
Feb 201350191.233.42$4,565
Jan 201359191.603.42$5,408
Dec 201246186.773.42$3,995
Nov 201232186.953.62$2,786
Oct 201254189.383.40$4,830
Sep 201276194.672.92$7,198
Aug 20120192.662.91$3
Jul 201239185.133.02$3,323
Jun 201266179.822.52$5,271
May 201281191.612.49$7,423
Apr 201201101.652.00$2
Mar 2012761105.052.22$7,986
Feb 2012861101.102.57$8,697
Jan 20120198.092.73$3
Dec 201185196.873.24$8,237
Nov 201161195.723.31$5,842
Oct 201186184.983.65$7,312
Sep 20110183.623.99$4
Aug 201147183.404.15$3,924
Jul 201160194.144.52$5,653
Jun 2011126192.904.64$11,710
May 201186198.134.40$8,444
Apr 201101105.964.33$4
Mar 201183196.364.06$8,002
Feb 201176185.644.18$6,513
Jan 201189186.504.59$7,703
Dec 201087185.734.35$7,463
Nov 20100180.843.80$4
Oct 201087178.103.51$6,798
Sep 201085172.633.98$6,178
Aug 20100173.684.42$4
Jul 20100172.554.74$5
Jun 201069170.364.91$4,860
May 201079171.124.24$5,623
Apr 201082181.694.12$6,703
Mar 201080178.394.39$6,276
Feb 201080173.585.44$5,892
Jan 20100174.365.96$6
Dec 200979171.445.48$5,649
Nov 200982174.593.75$6,120
Oct 200982172.544.11$5,952
Sep 200982165.543.06$5,377
Aug 200981167.423.22$5,464
Jul 200980161.133.46$4,894
Jun 200982166.163.90$5,429
May 20090154.743.93$4
Apr 200982146.773.59$3,839
Mar 200979142.144.06$3,333
Feb 2009166132.814.63$5,451
Jan 20090135.865.37$5
Dec 200876137.105.98$2,826
Nov 200875155.496.86$4,169
Oct 200883175.246.92$6,252
Sep 2008821101.767.88$8,352
Aug 2008821114.228.48$9,375
Jul 2008791131.0811.39$10,367
Jun 2008821131.3313.03$10,782
May 2008821123.1711.57$10,112
Apr 2008831110.3110.45$9,166
Mar 2008611101.909.66$6,226
Feb 200877192.538.77$7,134
Jan 200883190.388.21$7,510
Dec 200783188.337.30$7,339
Nov 2007158191.677.29$14,491
Oct 200783182.856.92$6,883
Sep 200783175.846.24$6,301
Aug 200776169.066.39$5,255
Jul 200762170.906.39$4,402
Jun 200774162.007.55$4,596
May 200775158.747.85$4,413
Apr 200784159.617.81$5,015
Mar 200774156.927.30$4,219
Feb 200782155.108.22$4,526
Jan 200783150.306.73$4,182
Dec 2006164156.656.92$9,298
Nov 20060154.207.62$8
Oct 20060154.906.01$6
Sep 200670160.085.04$4,211
Aug 200636168.717.34$2,481
Jul 200681169.376.34$5,625
Jun 200681166.286.38$5,375
May 200668166.016.42$4,495
Apr 200682164.397.36$5,287
Mar 20060156.707.08$7
Feb 200661157.597.75$3,521
Jan 200684160.598.93$5,098
Dec 200572154.9413.42$3,969
Nov 200584154.6910.59$4,605
Oct 200581158.3413.80$4,739
Sep 200583161.4512.08$5,112
Aug 200584161.519.80$5,177
Jul 200583155.697.84$4,630
Jun 20050152.337.38$7
May 200583145.226.65$3,760
Apr 20050149.207.36$7
Mar 200583150.377.15$4,188
Feb 20050145.226.31$6
Jan 200583143.166.32$3,589
Dec 200485039.866.75$3,388
Nov 200484045.286.33$3,804
Oct 200484049.706.52$4,175
Sep 200483043.245.28$3,589
Aug 200483042.375.55$3,517
Jul 2004155138.286.08$5,939
Jun 200482036.106.43$2,960
May 200480037.486.49$2,998
Apr 200481034.475.86$2,792
Mar 200483034.365.53$2,852
Feb 200484032.455.51$2,726
Jan 200484032.036.30$2,691
Dec 200385030.266.30$2,572
Nov 200384028.804.60$2,419
Oct 200383028.174.76$2,338
Sep 200383026.314.75$2,184
Aug 200372029.765.13$2,143
Jul 200376029.415.17$2,235
Jun 200383028.565.98$2,370
May 200383026.595.97$2,207
Apr 200384026.675.41$2,240
Mar 200378031.146.10$2,429
Feb 200386033.487.93$2,879
Jan 2003169030.315.58$5,122
Dec 200284026.914.85$2,260
Nov 200284024.664.14$2,071
Oct 200283026.464.23$2,196
Sep 2002164027.443.64$4,500
Aug 200283025.963.16$2,155
Jul 200282024.583.06$2,016
Jun 200283023.733.34$1,970
May 200284024.663.58$2,071
Apr 20020023.653.51$0
Mar 2002166022.003.10$3,652
Feb 200284018.222.38$1,530
Jan 200281017.172.38$1,391
Dec 2001163016.932.36$2,760
Nov 200183118.072.41$1,502
Oct 200183019.782.53$1,642
Sep 200184024.262.25$2,038
Aug 200183024.873.05$2,064
Jul 2001153023.933.20$3,661
Jun 2001166024.563.82$4,077
May 200184125.524.31$2,148
Apr 2001165124.685.34$4,078
Mar 200184124.545.38$2,067
Feb 200134127.755.77$949
Jan 200146127.478.40$1,272
Dec 200068126.889.12$1,837
Nov 200070132.215.66$2,260
Oct 200076131.235.15$2,379
Sep 2000134131.875.19$4,276
Aug 2000142129.644.54$4,213
Jul 200061128.534.09$1,744
Jun 2000144129.304.40$4,224
May 2000138127.263.68$3,766
Apr 200085124.513.12$2,086
Mar 2000112128.422.86$3,186
Feb 20000127.622.73$3
Jan 200085125.272.48$2,150
Dec 19990124.282.42$2
Nov 1999150123.192.43$3,481
Oct 199984120.982.80$1,765
Sep 199969121.752.62$1,503
Aug 199979119.262.88$1,524
Jul 1999138117.892.37$2,471
Jun 199965115.942.36$1,038
May 199965115.792.32$1,029
Apr 199978115.102.21$1,180
Mar 1999142112.471.84$1,773
Feb 19996519.981.82$651
Jan 199944110.381.90$459
Dec 19987319.201.77$673
Nov 199860110.892.19$656
Oct 199864112.421.97$797
Sep 199872112.592.08$909
Aug 199870111.301.91$793
Jul 1998110111.742.24$1,294
Jun 199875111.242.24$845
May 199863112.622.21$797
Apr 199863113.042.51$824
Mar 199861112.802.31$783
Feb 199872113.952.30$1,007
Jan 1998220114.702.15$3,236
Dec 199787116.322.41$1,422
Nov 1997115118.193.09$2,095
Oct 19970119.253.15$3
Sep 1997118117.742.95$2,096
Aug 199753117.862.55$949
Jul 199784117.582.25$1,479
Jun 199747117.242.26$813
May 199763118.972.31$1,197
Apr 199773117.882.08$1,307
Mar 1997148118.951.94$2,807
Feb 199739120.492.21$801
Jan 199787123.483.54$2,046
Dec 19960123.32$0
Nov 199682121.97$1,802
Oct 199674123.31$1,725
Sep 199675122.22$1,667
Aug 199659120.26$1,195
Jul 1996112119.55$2,190
Jun 199684118.73$1,573
May 199656119.43$1,088
Apr 199683121.51$1,785
Mar 199683119.38$1,609
Feb 199682116.98$1,392
Jan 199680117.07$1,366
Dec 1995149117.19$2,561
Nov 199583116.00$1,328
Oct 199584115.43$1,296
Sep 199583116.18$1,343
Aug 199583115.92$1,321
Jul 199583115.24$1,265
Jun 199584116.41$1,378
May 199580117.56$1,405
Apr 199580117.73$1,418
Mar 199582116.44$1,348
Feb 199579116.58$1,310
Jan 1995165115.92$2,627
Dec 199484115.03$1,263
Nov 199485115.90$1,352
Oct 1994168115.58$2,617
Sep 199484115.29$1,284
Aug 1994167116.13$2,694
Jul 199484117.56$1,475
Jun 1994214117.09$3,657
May 1994335115.88$5,320
Apr 1994241114.14$3,408
Mar 1994169112.46$2,106
Feb 1994170112.50$2,125
Jan 19940112.66$0
Dec 199385112.33$1,048
Nov 1993255114.49$3,695
Oct 1993234115.85$3,709
Sep 1993244115.03$3,667
Aug 1993237115.66$3,711
Jul 1993306115.46$4,731
Jun 199383116.79$1,394
May 199384117.68$1,485
Apr 199383118.05$1,498
Mar 199380118.14$1,451
Feb 199383117.90$1,486
Jan 1993167116.93$2,827

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                   41 bbl  × $ 89.75 =     $3,680
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                   $3,680

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/5401 is the state's own key, not one this site invented.