MORGAN

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 5907District 09Field 47902001OilCasinghead gasSaveExport
Value, all time
$4.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$117 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
OilDisposition89,613 bbl$4,381,883
Casinghead gasProduction40 Mcf$0
Total$4,381,883

40 Mcf of this lease's gas, across 40 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 (3)

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 33.8607, -98.7089. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.86063, -98.70909 · 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
33.3%
1 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
no depth filed
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
133.3%
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.
266.7%

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.

3 wells

42-485865284Yes
42-485865271B
42-485865295

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 2026168089.753.15$15,078
Feb 2026276063.503.75$17,526
Jan 2026127059.138.00$7,510
Dec 2025236056.664.41$13,372
Nov 2025177058.593.93$10,370
Oct 2025260059.383.30$15,439
Sep 202541062.743.08$2,572
Aug 2025339063.933.01$21,672
Jul 2025170066.743.32$11,346
Jun 202527066.483.13$1,795
May 20250060.553.23$0
Apr 2025130062.363.54$8,107
Mar 2025117067.704.27$7,921
Feb 2025132070.884.34$9,356
Jan 202579074.324.28$5,871
Dec 2024175068.993.12$12,073
Nov 2024111069.052.20$7,665
Oct 2024126071.372.28$8,993
Sep 2024123069.612.36$8,562
Aug 2024110075.632.06$8,319
Jul 2024263079.932.15$21,022
Jun 202496078.082.63$7,496
May 2024131078.812.20$10,324
Apr 2024133084.451.66$11,232
Mar 2024129080.301.55$10,359
Feb 2024246076.091.78$18,718
Jan 2024131073.023.30$9,566
Dec 202375071.262.61$5,345
Nov 2023175077.892.81$13,631
Oct 2023155085.443.09$13,243
Sep 2023168089.042.74$14,959
Aug 2023170080.522.67$13,688
Jul 2023171074.852.64$12,799
Jun 20230068.962.26$0
May 2023174070.622.23$12,288
Apr 2023178078.122.24$13,905
Mar 2023178072.852.39$12,967
Feb 20230075.112.47$0
Jan 2023168076.533.39$12,857
Dec 2022179076.415.73$13,677
Nov 2022127085.005.65$10,795
Oct 2022113087.185.86$9,851
Sep 2022229084.888.16$19,438
Aug 2022174094.529.13$16,446
Jul 20221750101.587.54$17,777
Jun 20221760115.097.98$20,256
May 20221780109.378.43$19,468
Apr 20221710104.226.84$17,822
Mar 20221800108.885.08$19,598
Feb 2022180091.054.86$16,389
Jan 2022180081.844.54$14,731
Dec 2021183071.323.90$13,052
Nov 2021180077.435.24$13,937
Oct 2021182079.795.71$14,522
Sep 2021178069.865.35$12,435
Aug 2021180066.024.22$11,884
Jul 2021178070.783.98$12,599
Jun 2021181069.493.38$12,578
May 2021358063.483.02$22,726
Apr 2021179060.362.76$10,804
Mar 2021169061.302.72$10,360
Feb 2021173057.805.55$9,999
Jan 2021170050.412.81$8,570
Dec 2020170044.642.68$7,589
Nov 2020365038.772.71$14,151
Oct 20200036.972.48$0
Sep 2020353037.091.99$13,093
Aug 2020171039.982.39$6,837
Jul 2020176038.371.83$6,753
Jun 2020178034.901.69$6,212
May 2020187016.921.81$3,164
Apr 2020177014.751.80$2,611
Mar 2020258030.341.86$7,828
Feb 2020191049.881.98$9,527
Jan 2020181057.252.09$10,362
Dec 2019183059.012.30$10,799
Nov 2019184055.302.75$10,175
Oct 2019351053.472.42$18,768
Sep 2019182055.052.66$10,019
Aug 2019183053.112.30$9,719
Jul 2019355056.272.46$19,976
Jun 2019177052.782.49$9,342
May 2019185058.482.74$10,819
Apr 2019361062.632.75$22,609
Mar 2019180056.803.06$10,224
Feb 2019366050.852.79$18,611
Jan 2019178046.033.23$8,193
Dec 2018182046.594.19$8,479
Nov 2018362052.934.24$19,161
Oct 2018362061.443.40$22,241
Sep 2018356059.543.11$21,196
Aug 2018356059.403.07$21,146
Jul 2018178065.142.93$11,595
Jun 2018358060.183.08$21,544
May 2018180065.382.90$11,768
Apr 2018361063.842.90$23,046
Mar 2018181061.222.79$11,081
Feb 2018365061.782.77$22,550
Jan 2018183062.874.01$11,505
Dec 2017364057.272.92$20,846
Nov 2017181055.423.12$10,031
Oct 2017361049.292.98$17,794
Sep 2017178047.523.09$8,459
Aug 2017356045.373.00$16,152
Jul 2017356043.873.09$15,618
Jun 2017179042.493.09$7,606
May 2017178045.373.26$8,076
Apr 2017181047.933.21$8,675
Mar 2017357046.772.98$16,697
Feb 2017193050.452.95$9,737
Jan 2017189049.413.42$9,338
Dec 2016386048.763.72$18,821
Nov 2016192042.492.64$8,158
Oct 2016188046.193.09$8,684
Sep 2016382041.553.10$15,872
Aug 2016193041.442.92$7,998
Jul 2016378041.622.92$15,732
Jun 2016174045.352.69$7,891
May 2016380042.521.99$16,158
Apr 2016192036.561.99$7,020
Mar 2016382033.011.79$12,610
Feb 2016192026.472.06$5,082
Jan 2016384027.352.36$10,502
Dec 2015194032.362.00$6,278
Nov 2015193038.792.17$7,486
Oct 2015387043.552.43$16,854
Sep 2015385042.992.76$16,551
Aug 2015194040.162.87$7,791
Jul 2015385048.152.95$18,538
Jun 2015182056.152.88$10,219
May 2015178055.212.96$9,827
Apr 2015379049.822.71$18,882
Mar 2015384042.892.93$16,470
Feb 2015166044.662.98$7,414
Jan 2015183043.433.10$7,948
Dec 2014195054.693.59$10,665
Nov 2014383070.464.25$26,986
Oct 2014183078.303.90$14,329
Sep 2014384086.164.05$33,085
Aug 2014174089.394.04$15,554
Jul 2014363096.564.18$35,051
Jun 2014183098.164.74$17,963
May 2014356094.734.73$33,724
Apr 2014186095.944.81$17,845
Mar 2014365095.895.06$35,000
Feb 2014198097.406.19$19,285
Jan 2014394090.404.86$35,618
Dec 2013193091.824.35$17,721
Nov 2013188088.853.74$16,704
Oct 2013368097.423.78$35,851
Sep 20131910104.113.72$19,885
Aug 20131850104.253.52$19,286
Jul 20133850102.523.72$39,470
Jun 2013190094.403.93$17,936
May 2013191094.834.15$18,113
Apr 2013385093.964.28$36,175
Mar 2013193093.623.91$18,069
Feb 2013195091.233.42$17,790
Jan 2013397091.603.42$36,365
Dec 2012196086.773.42$17,007
Nov 2012189086.953.62$16,434
Oct 2012196089.383.40$17,518
Sep 2012172094.672.92$16,283
Aug 2012193092.662.91$17,883
Jul 2012190085.133.02$16,175
Jun 2012173079.822.52$13,809
May 2012186091.612.49$17,039
Apr 20121750101.652.00$17,789
Mar 20121930105.052.22$20,275
Feb 201200101.102.57$0
Jan 2012192098.092.73$18,833
Dec 2011198096.873.24$19,180
Nov 2011196095.723.31$18,761
Oct 2011188084.983.65$15,976
Sep 2011195083.623.99$16,306
Aug 2011138083.404.15$11,509
Jul 2011180094.144.52$16,945
Jun 2011167092.904.64$15,514
May 2011194098.134.40$19,037
Apr 20111540105.964.33$16,318
Mar 2011167096.364.06$16,092
Feb 20110085.644.18$0
Jan 2011174086.504.59$15,051
Dec 2010192085.734.35$16,460
Nov 2010192080.843.80$15,521
Oct 20100078.103.51$0
Sep 2010187072.633.98$13,582
Aug 2010185073.684.42$13,631
Jul 2010186072.554.74$13,494
Jun 20100070.364.91$0
May 2010181071.124.24$12,873
Apr 20100081.694.12$0
Mar 2010179078.394.39$14,032
Feb 2010188073.585.44$13,833
Jan 2010189074.365.96$14,054
Dec 2009191071.445.48$13,645
Nov 20090074.593.75$0
Oct 2009179072.544.11$12,985
Sep 2009185065.543.06$12,125
Aug 2009186067.423.22$12,540
Jul 2009187061.133.46$11,431
Jun 2009181066.163.90$11,975
May 20090054.743.93$0
Apr 2009146046.773.59$6,828
Mar 20090042.144.06$0
Feb 2009195032.814.63$6,398
Jan 2009189035.865.37$6,778
Dec 20080037.105.98$0
Nov 2008381055.496.86$21,142
Oct 2008195075.246.92$14,672
Sep 20081910101.767.88$19,436
Aug 20081930114.228.48$22,044
Jul 20083380131.0811.39$44,305
Jun 20081900131.3313.03$24,953
May 20081810123.1711.57$22,294
Apr 20083870110.3110.45$42,690
Mar 20081950101.909.66$19,871
Feb 2008179092.538.77$16,563
Jan 2008371090.388.21$33,531
Dec 2007183088.337.30$16,164
Nov 2007179091.677.29$16,409
Oct 2007360082.856.92$29,826
Sep 2007176075.846.24$13,348
Aug 2007310069.066.39$21,409
Jul 20070070.906.39$0
Jun 2007176062.007.55$10,912
May 2007180058.747.85$10,573
Apr 2007166059.617.81$9,895
Mar 2007170056.927.30$9,676
Feb 2007182055.108.22$10,028
Jan 2007183050.306.73$9,205
Dec 2006356056.656.92$20,167
Nov 2006179054.207.62$9,702
Oct 2006181054.906.01$9,937
Sep 2006176060.085.04$10,574
Aug 2006176068.717.34$12,093
Jul 2006181069.376.34$12,556
Jun 2006330066.286.38$21,872
May 2006178066.016.42$11,750
Apr 2006360064.397.36$23,180
Mar 2006181056.707.08$10,263
Feb 2006182057.597.75$10,481
Jan 2006181060.598.93$10,967
Dec 2005340054.9413.42$18,680
Nov 2005184054.6910.59$10,063
Oct 2005179058.3413.80$10,443
Sep 2005352061.4512.08$21,630
Aug 2005311061.519.80$19,130
Jul 2005180055.697.84$10,024
Jun 2005353052.337.38$18,472
May 2005183045.226.65$8,275
Apr 2005360049.207.36$17,712
Mar 2005181050.377.15$9,117
Feb 2005351045.226.31$15,872
Jan 2005183043.166.32$7,898
Dec 2004339039.866.75$13,513
Nov 2004344045.286.33$15,576
Oct 2004183049.706.52$9,095
Sep 2004319043.245.28$13,794
Aug 2004359042.375.55$15,211
Jul 2004180038.286.08$6,890
Jun 2004340036.106.43$12,274
May 2004183037.486.49$6,859
Apr 2004360034.475.86$12,409
Mar 20040034.365.53$0
Feb 2004178032.455.51$5,776
Jan 2004362032.036.30$11,595
Dec 2003297030.266.30$8,987
Nov 2003175028.804.60$5,040
Oct 2003343028.174.76$9,662
Sep 2003185026.314.75$4,867
Aug 2003335029.765.13$9,970
Jul 2003353029.415.17$10,382
Jun 2003186028.565.98$5,312
May 2003347026.595.97$9,227
Apr 2003184026.675.41$4,907
Mar 2003366031.146.10$11,397
Feb 2003167033.487.93$5,591
Jan 2003369030.315.58$11,184
Dec 2002374026.914.85$10,064
Nov 2002179024.664.14$4,414
Oct 2002164026.464.23$4,339
Sep 2002169027.443.64$4,637
Aug 2002168025.963.16$4,361
Jul 2002337024.583.06$8,283
Jun 2002176023.733.34$4,176
May 2002169024.663.58$4,168
Apr 2002179023.653.51$4,233
Mar 2002175022.003.10$3,850
Feb 2002170018.222.38$3,097
Jan 2002355017.172.38$6,095
Dec 2001136016.932.36$2,302
Nov 2001301018.072.41$5,439
Oct 2001133019.782.53$2,631
Sep 2001308024.262.25$7,472
Aug 2001350024.873.05$8,705
Jul 2001151023.933.20$3,613
Jun 2001350024.563.82$8,596
May 2001349025.524.31$8,906
Apr 2001167024.685.34$4,122
Mar 2001176024.545.38$4,319
Feb 2001194027.755.77$5,384
Jan 2001372027.478.40$10,219
Dec 2000197026.889.12$5,295
Nov 2000389032.215.66$12,530
Oct 2000193031.235.15$6,027
Sep 2000382031.875.19$12,174
Aug 2000363029.644.54$10,759
Jul 2000299028.534.09$8,530
Jun 2000182029.304.40$5,333
May 2000191027.263.68$5,207
Apr 2000135024.513.12$3,309
Mar 2000133028.422.86$3,780
Feb 2000263027.622.73$7,264
Jan 2000130025.272.48$3,285
Dec 1999134024.282.42$3,254
Nov 1999264023.192.43$6,122
Oct 1999263020.982.80$5,518
Sep 1999132021.752.62$2,871
Aug 1999264019.262.88$5,085
Jul 1999265017.892.37$4,741
Jun 1999131015.942.36$2,088
May 1999264015.792.32$4,169
Apr 1999133015.102.21$2,008
Mar 1999259012.471.84$3,230
Feb 199926709.981.82$2,665
Jan 1999269010.381.90$2,792
Dec 199826409.201.77$2,429
Nov 1998262010.892.19$2,853
Oct 1998262012.421.97$3,254
Sep 1998263012.592.08$3,311
Aug 1998262011.301.91$2,961
Jul 1998261011.742.24$3,064
Jun 1998262011.242.24$2,945
May 1998263012.622.21$3,319
Apr 1998265013.042.51$3,456
Mar 1998196012.802.31$2,509
Feb 1998320013.952.30$4,464
Jan 1998386014.702.15$5,674
Dec 1997134016.322.41$2,187
Nov 1997324018.193.09$5,894
Oct 1997265019.253.15$5,101
Sep 1997300017.742.95$5,322
Aug 1997265017.862.55$4,733
Jul 1997263017.582.25$4,624
Jun 1997312017.242.26$5,379
May 1997263018.972.31$4,989
Apr 1997266017.882.08$4,756
Mar 1997262018.951.94$4,965
Feb 1997267020.492.21$5,471
Jan 1997271023.483.54$6,363
Dec 1996267023.32$6,226
Nov 1996265021.97$5,822
Oct 1996262023.31$6,107
Sep 1996266022.22$5,911
Aug 1996133020.26$2,695
Jul 1996251019.55$4,907
Jun 1996263018.73$4,926
May 1996266019.43$5,168
Apr 1996391121.51$8,410
Mar 1996262119.38$5,078
Feb 1996159116.98$2,700
Jan 1996263117.07$4,489
Dec 1995389117.19$6,687
Nov 1995130116.00$2,080
Oct 19950115.43$0
Sep 1995162116.18$2,621
Aug 1995309115.92$4,919
Jul 1995166115.24$2,530
Jun 1995356116.41$5,842
May 1995131117.56$2,300
Apr 1995316117.73$5,603
Mar 1995298116.44$4,899
Feb 1995151116.58$2,504
Jan 1995334115.92$5,317
Dec 1994349115.03$5,245
Nov 1994261115.90$4,150
Oct 1994268115.58$4,175
Sep 1994133115.29$2,034
Aug 1994531116.13$8,565
Jul 1994134117.56$2,353
Jun 1994264117.09$4,512
May 1994269115.88$4,272
Apr 1994248114.14$3,507
Mar 1994271112.46$3,377
Feb 1994261112.50$3,263
Jan 1994271112.66$3,431
Dec 1993271112.33$3,341
Nov 1993265114.49$3,840
Oct 1993266115.85$4,216
Sep 1993373115.03$5,606
Aug 1993267115.66$4,181
Jul 1993263115.46$4,066
Jun 1993400116.79$6,716
May 1993266117.68$4,703
Apr 1993270118.05$4,874
Mar 1993271118.14$4,916
Feb 1993267117.90$4,779
Jan 1993275116.93$4,656

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                  168 bbl  × $ 89.75 =    $15,078
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $15,078

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/5907 is the state's own key, not one this site invented.