LASATER

Operated by LASATER & CO, INC. (P-5 487415) in the TWIN (MORROW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 127216District 10Field 92038666NGPA filingCondensateGasSaveExport
Value, all time
$1.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, 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 8 leases and 19 wells, and the rule below applies to all of them.

Discovered
1954-10-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: OIL TOP 121 MER OIL UNIT 40 AC WITH 20 AC TOLL ON LAST WELL

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition2,103 bbl$120,807
GasProduction463,230 Mcf$1,794,330
Total$1,915,137

51,644 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 (1)

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 36.3380, -101.1621. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.33799, -101.16213 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,630 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 7,630 ft.

Completions filed
Mar 1988
1 of 1 wells

1 well

42-1953103310627,630 ftMar 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 20260865106.413.05$2,635
Apr 2026081198.932.87$2,327
Mar 202616888089.753.15$17,850
Feb 202601,04263.503.75$3,908
Jan 2026083559.138.00$6,678
Dec 2025030156.664.41$1,328
Nov 2025020858.593.93$817
Oct 2025013559.383.30$446
Sep 2025059962.743.08$1,843
Aug 2025031263.933.01$941
Jul 2025060266.743.32$1,996
Jun 2025023566.483.13$735
May 2025057660.553.23$1,862
Apr 202501,12562.363.54$3,986
Mar 2025055667.704.27$2,373
Feb 2025057770.884.34$2,505
Jan 2025078474.324.28$3,354
Dec 2024064368.993.12$2,007
Nov 202417681669.052.20$13,947
Oct 2024083171.372.28$1,896
Sep 2024019569.612.36$461
Aug 2024093375.632.06$1,925
Jul 2024093979.932.15$2,016
Jun 2024062278.082.63$1,638
May 2024065278.812.20$1,433
Apr 2024063584.451.66$1,054
Mar 2024079480.301.55$1,227
Feb 2024052276.091.78$931
Jan 2024057673.023.30$1,899
Dec 2023080771.262.61$2,107
Nov 2023079877.892.81$2,240
Oct 202315784885.443.09$16,032
Sep 2023076189.042.74$2,081
Aug 2023072180.522.67$1,927
Jul 2023050274.852.64$1,326
Jun 2023072568.962.26$1,637
May 2023091170.622.23$2,029
Apr 2023083678.122.24$1,871
Mar 2023057472.852.39$1,374
Feb 202316762575.112.47$14,084
Jan 2023061676.533.39$2,087
Dec 2022069476.415.73$3,976
Nov 2022074585.005.65$4,206
Oct 2022070587.185.86$4,134
Sep 2022075884.888.16$6,188
Aug 2022094694.529.13$8,634
Jul 20220783101.587.54$5,905
Jun 20220507115.097.98$4,044
May 20220858109.378.43$7,236
Apr 20220848104.226.84$5,798
Mar 20220728108.885.08$3,696
Feb 2022058391.054.86$2,833
Jan 2022079881.844.54$3,621
Dec 202117175271.323.90$15,128
Nov 2021093777.435.24$4,907
Oct 2021061579.795.71$3,514
Sep 2021096269.865.35$5,148
Aug 2021071266.024.22$3,005
Jul 2021066570.783.98$2,648
Jun 2021076369.493.38$2,579
May 2021076763.483.02$2,315
Apr 2021075260.362.76$2,074
Mar 2021076761.302.72$2,084
Feb 2021046057.805.55$2,552
Jan 2021075150.412.81$2,111
Dec 2020061044.642.68$1,632
Nov 2020027338.772.71$739
Oct 2020062536.972.48$1,549
Sep 2020089337.091.99$1,778
Aug 2020087539.982.39$2,087
Jul 2020088538.371.83$1,615
Jun 2020090934.901.69$1,536
May 2020091016.921.81$1,651
Apr 2020088414.751.80$1,595
Mar 202014789630.341.86$6,123
Feb 2020083449.881.98$1,652
Jan 2020071057.252.09$1,487
Dec 2019061759.012.30$1,422
Nov 2019053155.302.75$1,461
Oct 2019078553.472.42$1,899
Sep 2019071955.052.66$1,911
Aug 2019094953.112.30$2,187
Jul 2019095056.272.46$2,337
Jun 2019084852.782.49$2,113
May 2019037858.482.74$1,036
Apr 2019051462.632.75$1,414
Mar 2019082456.803.06$2,523
Feb 2019075050.852.79$2,094
Jan 2019079746.033.23$2,573
Dec 2018079146.594.19$3,311
Nov 2018081852.934.24$3,466
Oct 2018087361.443.40$2,967
Sep 2018082759.543.11$2,570
Aug 201815192559.403.07$11,806
Jul 2018098865.142.93$2,897
Jun 2018099560.183.08$3,062
May 2018063065.382.90$1,828
Apr 2018080863.842.90$2,344
Mar 2018087161.222.79$2,427
Feb 2018080861.782.77$2,235
Jan 2018077762.874.01$3,115
Dec 2017085757.272.92$2,504
Nov 2017089955.423.12$2,803
Oct 2017098949.292.98$2,951
Sep 2017093047.523.09$2,871
Aug 2017079545.373.00$2,389
Jul 2017079143.873.09$2,442
Jun 2017090542.493.09$2,794
May 201701,00545.373.26$3,280
Apr 2017075547.933.21$2,425
Mar 2017066246.772.98$1,975
Feb 2017073950.452.95$2,182
Jan 2017038749.413.42$1,323
Dec 2016073348.763.72$2,729
Nov 2016084342.492.64$2,229
Oct 2016088046.193.09$2,719
Sep 2016089841.553.10$2,784
Aug 2016091041.442.92$2,661
Jul 2016083941.622.92$2,454
Jun 2016075245.352.69$2,020
May 2016085642.521.99$1,704
Apr 2016084936.561.99$1,690
Mar 2016077533.011.79$1,390
Feb 201617680326.472.06$6,316
Jan 2016085827.352.36$2,029
Dec 2015075232.362.00$1,505
Nov 2015075038.792.17$1,626
Oct 2015082743.552.43$2,007
Sep 2015085642.992.76$2,361
Aug 2015073540.162.87$2,111
Jul 2015085748.152.95$2,524
Jun 2015089656.152.88$2,583
May 2015088755.212.96$2,621
Apr 2015086749.822.71$2,347
Mar 2015088142.892.93$2,585
Feb 2015069144.662.98$2,057
Jan 2015077043.433.10$2,387
Dec 2014075954.693.59$2,726
Nov 2014074670.464.25$3,172
Oct 2014082878.303.90$3,230
Sep 2014092886.164.05$3,754
Aug 2014097989.394.04$3,950
Jul 2014098996.564.18$4,134
Jun 2014097298.164.74$4,604
May 2014098694.734.73$4,660
Apr 2014090495.944.81$4,347
Mar 2014088595.895.06$4,475
Feb 2014067297.406.19$4,161
Jan 201417283390.404.86$19,598
Dec 2013065891.824.35$2,865
Nov 2013084388.853.74$3,151
Oct 2013091397.423.78$3,451
Sep 20130929104.113.72$3,454
Aug 20130959104.253.52$3,378
Jul 201301,022102.523.72$3,800
Jun 2013093294.403.93$3,666
May 201314795294.834.15$17,890
Apr 2013084193.964.28$3,602
Mar 2013088493.623.91$3,459
Feb 2013068591.233.42$2,343
Jan 2013080991.603.42$2,767
Dec 2012072086.773.42$2,463
Nov 2012090586.953.62$3,281
Oct 2012095089.383.40$3,230
Sep 2012097394.672.92$2,840
Aug 2012086592.662.91$2,516
Jul 201201,01385.133.02$3,060
Jun 2012080879.822.52$2,035
May 2012082191.612.49$2,043
Apr 201201,022101.652.00$2,041
Mar 20120332105.052.22$738
Feb 20120829101.102.57$2,131
Jan 2012076798.092.73$2,097
Dec 2011087696.873.24$2,838
Nov 2011098195.723.31$3,248
Oct 201101,06484.983.65$3,882
Sep 20110083.623.99$0
Aug 2011021483.404.15$888
Jul 2011094094.144.52$4,246
Jun 2011080392.904.64$3,726
May 2011078498.134.40$3,453
Apr 20110758105.964.33$3,285
Mar 2011081596.364.06$3,307
Feb 2011033185.644.18$1,384
Jan 2011065486.504.59$3,001
Dec 2010074985.734.35$3,256
Nov 2010048280.843.80$1,829
Oct 2010093878.103.51$3,291
Sep 2010081072.633.98$3,223
Aug 2010085073.684.42$3,756
Jul 2010097272.554.74$4,604
Jun 2010094970.364.91$4,660
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010082978.394.39$3,638
Feb 2010070973.585.44$3,859
Jan 2010064374.365.96$3,835
Dec 2009071871.445.48$3,937
Nov 2009079174.593.75$2,967
Oct 2009054372.544.11$2,232
Sep 2009086365.543.06$2,645
Aug 2009092067.423.22$2,961
Jul 2009093861.133.46$3,250
Jun 2009090166.163.90$3,509
May 2009096354.743.93$3,781
Apr 2009096746.773.59$3,469
Mar 2009092942.144.06$3,771
Feb 2009083132.814.63$3,850
Jan 2009078935.865.37$4,238
Dec 2008086737.105.98$5,182
Nov 2008087155.496.86$5,975
Oct 200801,36475.246.92$9,442
Sep 20080930101.767.88$7,326
Aug 20080870114.228.48$7,380
Jul 20080946131.0811.39$10,774
Jun 20080837131.3313.03$10,908
May 20080898123.1711.57$10,394
Apr 20080580110.3110.45$6,064
Mar 20080459101.909.66$4,436
Feb 2008072692.538.77$6,367
Jan 2008069590.388.21$5,703
Dec 2007079588.337.30$5,805
Nov 2007084391.677.29$6,147
Oct 2007095682.856.92$6,617
Sep 2007092675.846.24$5,782
Aug 200701,03469.066.39$6,605
Jul 2007089870.906.39$5,736
Jun 2007080462.007.55$6,069
May 2007076558.747.85$6,002
Apr 2007086159.617.81$6,720
Mar 2007088956.927.30$6,491
Feb 2007069355.108.22$5,694
Jan 200701,21750.306.73$8,187
Dec 200601,29256.656.92$8,939
Nov 200601,28954.207.62$9,819
Oct 200601,69254.906.01$10,175
Sep 200601,69460.085.04$8,533
Aug 200601,83168.717.34$13,439
Jul 200601,84769.376.34$11,715
Jun 200601,70366.286.38$10,872
May 200601,23366.016.42$7,922
Apr 200601,61864.397.36$11,909
Mar 200601,71956.707.08$12,176
Feb 200601,43757.597.75$11,138
Jan 200601,68060.598.93$15,008
Dec 200501,51754.9413.42$20,351
Nov 200501,61654.6910.59$17,111
Oct 200501,83658.3413.80$25,329
Sep 200501,94961.4512.08$23,542
Aug 200502,05761.519.80$20,152
Jul 200501,81655.697.84$14,244
Jun 200501,84852.337.38$13,640
May 200501,99945.226.65$13,296
Apr 200501,89949.207.36$13,978
Mar 200501,97550.377.15$14,131
Feb 200501,63145.226.31$10,295
Jan 200501,95843.166.32$12,379
Dec 200401,16139.866.75$7,838
Nov 200401,38845.286.33$8,787
Oct 200402,01249.706.52$13,108
Sep 200401,64443.245.28$8,687
Aug 200402,18142.375.55$12,106
Jul 200402,17738.286.08$13,245
Jun 200401,47836.106.43$9,508
May 200402,24437.486.49$14,574
Apr 200401,95234.475.86$11,436
Mar 200402,26234.365.53$12,509
Feb 200401,85032.455.51$10,193
Jan 200401,60632.036.30$10,117
Dec 200302,11430.266.30$13,322
Nov 200302,11428.804.60$9,714
Oct 200302,22028.174.76$10,566
Sep 200302,34326.314.75$11,128
Aug 200302,48229.765.13$12,732
Jul 200302,28329.415.17$11,805
Jun 200301,98328.565.98$11,864
May 200302,32826.595.97$13,904
Apr 200302,17226.675.41$11,745
Mar 200302,42731.146.10$14,795
Feb 200301,81833.487.93$14,409
Jan 200301,27130.315.58$7,095
Dec 2002067026.914.85$3,252
Nov 200201,44924.664.14$5,994
Oct 200201,48126.464.23$6,263
Sep 200201,82027.443.64$6,616
Aug 200201,74025.963.16$5,506
Jul 200201,66324.583.06$5,092
Jun 200201,81823.733.34$6,069
May 200201,75124.663.58$6,276
Apr 200201,61223.653.51$5,662
Mar 200201,82622.003.10$5,666
Feb 20021611,49018.222.38$6,473
Jan 200201,64517.172.38$3,908
Dec 200101,87316.932.36$4,429
Nov 200101,81618.072.41$4,368
Oct 200102,00919.782.53$5,081
Sep 200102,07624.262.25$4,674
Aug 200102,09524.873.05$6,396
Jul 200102,08623.933.20$6,669
Jun 200101,81924.563.82$6,956
May 200102,55425.524.31$11,001
Apr 200102,34124.685.34$12,490
Mar 200102,07424.545.38$11,151
Feb 200102,24727.755.77$12,959
Jan 200102,69727.478.40$22,651
Dec 200002,28726.889.12$20,863
Nov 200002,65632.215.66$15,028
Oct 200002,98331.235.15$15,349
Sep 200002,52631.875.19$13,101
Aug 200002,70429.644.54$12,278
Jul 200002,88128.534.09$11,783
Jun 200002,88629.304.40$12,690
May 200003,08827.263.68$11,363
Apr 200002,65024.513.12$8,257
Mar 200002,94628.422.86$8,425
Feb 200002,78727.622.73$7,599
Jan 200002,92425.272.48$7,253
Dec 199902,92724.282.42$7,094
Nov 199902,94323.192.43$7,163
Oct 199901,57520.982.80$4,416
Sep 199902,71621.752.62$7,113
Aug 199903,33219.262.88$9,582
Jul 199903,39717.892.37$8,059
Jun 199903,64015.942.36$8,598
May 19991824,13215.792.32$12,464
Apr 199904,47215.102.21$9,874
Mar 199905,05912.471.84$9,300
Feb 199904,4289.981.82$8,049
Jan 199902,86210.381.90$5,438
Dec 199804,1539.201.77$7,365
Nov 199801,49710.892.19$3,272
Oct 1998060812.421.97$1,197
Sep 1998078212.592.08$1,629
Aug 1998080311.301.91$1,532
Jul 199801,04111.742.24$2,329
Jun 199801,05011.242.24$2,349
May 1998098412.622.21$2,171
Apr 1998085713.042.51$2,147
Mar 1998076512.802.31$1,767
Feb 1998073213.952.30$1,683
Jan 1998082714.702.15$1,782
Dec 1997083716.322.41$2,018
Nov 1997088918.193.09$2,745
Oct 1997053619.253.15$1,688
Sep 1997059717.742.95$1,764
Aug 1997051917.862.55$1,326
Jul 1997054817.582.25$1,231
Jun 1997083417.242.26$1,883
May 1997087118.972.31$2,011
Apr 1997076417.882.08$1,591
Mar 1997086918.951.94$1,685
Feb 1997068320.492.21$1,507
Jan 1997076323.483.54$2,701
Dec 1996083123.32$0
Nov 1996075821.97$0
Oct 1996086523.31$0
Sep 1996091022.22$0
Aug 1996097120.26$0
Jul 1996095419.55$0
Jun 1996090518.73$0
May 1996093919.43$0
Apr 1996087121.51$0
Mar 1996079819.38$0
Feb 1996072016.98$0
Jan 1996071117.07$0
Dec 1995076917.19$0
Nov 1995068916.00$0
Oct 1995078315.43$0
Sep 1995071016.18$0
Aug 1995073415.92$0
Jul 1995075815.24$0
Jun 1995064516.41$0
May 1995074817.56$0
Apr 1995074817.73$0
Mar 1995080716.44$0
Feb 1995074616.58$0
Jan 199501,27615.92$0
Dec 199401,51615.03$0
Nov 19941251,39715.90$1,988
Oct 199401,57615.58$0
Sep 199401,07715.29$0
Aug 199401,39116.13$0
Jul 199401,23817.56$0
Jun 199431,05917.09$51
May 199401,29315.88$0
Apr 199401,45414.14$0
Mar 199401,43812.46$0
Feb 1994099812.50$0
Jan 199401,65412.66$0
Dec 199301,42512.33$0
Nov 199301,71814.49$0
Oct 199301,68615.85$0
Sep 199301,11215.03$0
Aug 199301,83515.66$0
Jul 199301,81515.46$0
Jun 199301,40916.79$0
May 1993063617.68$0
Apr 1993031718.05$0
Mar 199301,15418.14$0
Feb 199301,76217.90$0
Jan 199301,03816.93$0

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
Condensate             0 bbl  × $106.41 =         $0
Gas                  865 Mcf  × $  3.05 =     $2,635

────────────────────────────────────────────────────
Month total                                   $2,635

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. 10/G/127216 is the state's own key, not one this site invented.