MURPHY, W.A. -B-

Operated by LATIGO PETROLEUM, LLC (P-5 488260) in the LIPSCOMB (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 280464District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.1 M
Sep 2015 – May 2026
Value, last 12 filed months
$287 k
at the published price for each month
Months reported
129
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 1,389 leases and 1,486 wells, and the rule below applies to all of them.

Discovered
1958-05-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: FIELD

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
High Cost Gas112016-10-06219218
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
CondensateDisposition11,070 bbl$492,237
GasProduction2,516,823 Mcf$7,575,147
Total$8,067,385

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 36.1726, -100.2501. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.17263, -100.25013 · 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
8,264 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 8,264 ft.

Completions filed
Sep 2015
1 of 1 wells

1 well

42-295342604274H8,264 ftSep 2015

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 (129)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

129 months

May 202606,079106.413.05$18,516
Apr 202606,62698.932.87$19,015
Mar 202606,54689.753.15$20,616
Feb 202605,78963.503.75$21,711
Jan 202606,46259.138.00$51,683
Dec 202507,31756.664.41$32,293
Nov 202505,97358.593.93$23,453
Oct 202506,28459.383.30$20,768
Sep 202506,19162.743.08$19,049
Aug 202506,73963.933.01$20,316
Jul 202505,90066.743.32$19,560
Jun 202506,48666.483.13$20,293
May 202506,11160.553.23$19,753
Apr 202505,33862.363.54$18,913
Mar 202505,88567.704.27$25,119
Feb 202505,54370.884.34$24,061
Jan 202505,54474.324.28$23,721
Dec 202406,28468.993.12$19,615
Nov 202406,48969.052.20$14,266
Oct 202407,86271.372.28$17,936
Sep 202406,43469.612.36$15,212
Aug 202408,72175.632.06$17,997
Jul 202408,40979.932.15$18,051
Jun 202408,19278.082.63$21,578
May 202408,27478.812.20$18,190
Apr 20241548,32684.451.66$26,820
Mar 202409,37180.301.55$14,479
Feb 202409,41176.091.78$16,786
Jan 20240073.023.30$0
Dec 2023010,06271.262.61$26,269
Nov 2023010,21577.892.81$28,679
Oct 202315910,93585.443.09$47,344
Sep 2023010,14789.042.74$27,752
Aug 2023010,94080.522.67$29,241
Jul 2023011,15074.852.64$29,456
Jun 2023010,54568.962.26$23,816
May 2023010,25370.622.23$22,838
Apr 202309,99278.122.24$22,360
Mar 2023010,53172.852.39$25,202
Feb 2023010,15275.112.47$25,032
Jan 2023011,67476.533.39$39,548
Dec 2022011,08376.415.73$63,495
Nov 2022011,80585.005.65$66,653
Oct 2022012,47587.185.86$73,150
Sep 2022011,83784.888.16$96,633
Aug 2022011,71394.529.13$106,906
Jul 2022012,497101.587.54$94,253
Jun 2022012,270115.097.98$97,880
May 2022012,121109.378.43$102,217
Apr 202209,823104.226.84$67,166
Mar 202209,928108.885.08$50,399
Feb 2022011,09491.054.86$53,904
Jan 2022012,10181.844.54$54,910
Dec 2021011,82271.323.90$46,095
Nov 20210077.435.24$0
Oct 2021012,05279.795.71$68,864
Sep 2021012,90569.865.35$69,054
Aug 2021011,70766.024.22$49,410
Jul 2021012,95270.783.98$51,576
Jun 2021012,71369.493.38$42,978
May 2021013,48863.483.02$40,702
Apr 2021013,55860.362.76$37,399
Mar 2021013,57961.302.72$36,893
Feb 2021013,05857.805.55$72,445
Jan 202117213,15650.412.81$45,642
Dec 2020013,91144.642.68$37,218
Nov 2020014,82438.772.71$40,122
Oct 202019714,82436.972.48$44,023
Sep 2020014,73637.091.99$29,340
Aug 2020015,43439.982.39$36,812
Jul 202017815,62738.371.83$35,351
Jun 2020015,52834.901.69$26,247
May 2020016,33916.921.81$29,651
Apr 202012315,92514.751.80$30,549
Mar 202018516,67530.341.86$36,566
Feb 2020015,81149.881.98$31,316
Jan 202017217,19457.252.09$45,864
Dec 2019017,57359.012.30$40,495
Nov 201918517,15155.302.75$57,408
Oct 2019018,14253.472.42$43,877
Sep 201917818,06455.052.66$57,800
Aug 2019018,95653.112.30$43,681
Jul 201918119,30056.272.46$57,664
Jun 2019019,00052.782.49$47,333
May 201916719,77858.482.74$63,964
Apr 201915219,32962.632.75$62,688
Mar 2019020,36656.803.06$62,363
Feb 201915418,76650.852.79$60,230
Jan 201918621,12846.033.23$76,767
Dec 201817221,51446.594.19$98,059
Nov 2018021,31752.934.24$90,325
Oct 201818522,43661.443.40$87,606
Sep 2018022,26559.543.11$69,200
Aug 201814223,42859.403.07$80,278
Jul 2018023,87065.142.93$69,984
Jun 2018023,82560.183.08$73,308
May 2018025,05265.382.90$72,671
Apr 2018024,84163.842.90$72,059
Mar 2018026,40261.222.79$73,578
Feb 201817424,25461.782.77$77,839
Jan 201819027,50662.874.01$122,226
Dec 2017028,33457.272.92$82,778
Nov 201715828,13455.423.12$96,488
Oct 201716729,77749.292.98$97,076
Sep 201719729,71347.523.09$101,094
Aug 201718831,39145.373.00$102,841
Jul 201717732,26643.873.09$107,379
Jun 201718532,27742.493.09$107,509
May 201719134,25045.373.26$120,437
Apr 201719234,19247.933.21$119,014
Mar 201719136,38846.772.98$117,503
Feb 201719133,98650.452.95$109,983
Jan 201719838,92749.413.42$142,867
Dec 201620140,65248.763.72$161,141
Nov 201636640,88642.492.64$123,668
Oct 201618643,88046.193.09$144,192
Sep 201620544,38741.553.10$146,145
Aug 201639247,74841.442.92$155,876
Jul 201619449,66341.622.92$153,306
Jun 201638650,23345.352.69$152,422
May 201619454,36842.521.99$116,498
Apr 201638953,77936.561.99$121,298
Mar 201640558,70333.011.79$118,683
Feb 201659158,47626.472.06$136,317
Jan 201639866,42427.352.36$167,936
Dec 201558372,95532.362.00$164,879
Nov 201555975,30738.792.17$184,899
Oct 201558068,71943.552.43$192,011
Sep 2015099842.992.76$2,753

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                6,079 Mcf  × $  3.05 =    $18,516

────────────────────────────────────────────────────
Month total                                  $18,516

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/280464 is the state's own key, not one this site invented.