MILTON

Operated by BLACK RESOURCES (P-5 100503) in the PANHANDLE, EAST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 60721District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$484 k
Jan 1993 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
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 2,114 leases and 2,114 wells, and the rule below applies to all of them.

Discovered
1935-12-10
as the register files it
Field class
Gas
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 160 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: 67% ACRES X SIWP + (PLUS) 33% DELIVERABILITY

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
GasProduction148,408 Mcf$483,550
Total$483,550

31,772 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 35.3294, -100.5903. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.32942, -100.59032 · 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
2,800 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 2,800 ft.

Completions filed
Nov 1974
1 of 1 wells

1 well

42-1793017512,800 ftNov 1974

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 20260106.413.05$0
Apr 202624898.932.87$712
Mar 202622589.753.15$709
Feb 202623663.503.75$885
Jan 202625259.138.00$2,015
Dec 202511756.664.41$516
Nov 202513058.593.93$510
Oct 202516759.383.30$552
Sep 202516262.743.08$498
Aug 202517863.933.01$537
Jul 202528066.743.32$928
Jun 202517466.483.13$544
May 202517560.553.23$566
Apr 202524762.363.54$875
Mar 202524767.704.27$1,054
Feb 202519070.884.34$825
Jan 202527274.324.28$1,164
Dec 202428068.993.12$874
Nov 202427769.052.20$609
Oct 202428171.372.28$641
Sep 202427069.612.36$638
Aug 202428675.632.06$590
Jul 202430579.932.15$655
Jun 202429778.082.63$782
May 202430378.812.20$666
Apr 202428084.451.66$465
Mar 202428880.301.55$445
Feb 202425676.091.78$457
Jan 202425873.023.30$851
Dec 202327971.262.61$728
Nov 202328077.892.81$786
Oct 202328985.443.09$892
Sep 202329289.042.74$799
Aug 202330980.522.67$826
Jul 202331574.852.64$832
Jun 202329768.962.26$671
May 202327470.622.23$610
Apr 202327478.122.24$613
Mar 202328372.852.39$677
Feb 202323975.112.47$589
Jan 202327776.533.39$938
Dec 202226376.415.73$1,507
Nov 202227785.005.65$1,564
Oct 202226687.185.86$1,560
Sep 202229884.888.16$2,433
Aug 202231494.529.13$2,866
Jul 2022289101.587.54$2,180
Jun 2022287115.097.98$2,289
May 2022309109.378.43$2,606
Apr 2022295104.226.84$2,017
Mar 2022304108.885.08$1,543
Feb 202227491.054.86$1,331
Jan 202231081.844.54$1,407
Dec 202132471.323.90$1,263
Nov 202129777.435.24$1,555
Oct 202132079.795.71$1,828
Sep 202131969.865.35$1,707
Aug 202132566.024.22$1,372
Jul 202133370.783.98$1,326
Jun 202131969.493.38$1,078
May 202133063.483.02$996
Apr 202122260.362.76$612
Mar 202128861.302.72$782
Feb 202116957.805.55$938
Jan 202129750.412.81$835
Dec 202031544.642.68$843
Nov 202023038.772.71$623
Oct 202028036.972.48$694
Sep 202027237.091.99$542
Aug 202030639.982.39$730
Jul 202027838.371.83$507
Jun 202030134.901.69$509
May 202019616.921.81$356
Apr 202016514.751.80$298
Mar 202031130.341.86$577
Feb 202029749.881.98$588
Jan 202032257.252.09$675
Dec 201932659.012.30$751
Nov 201926655.302.75$732
Oct 201927353.472.42$660
Sep 201927855.052.66$739
Aug 201929753.112.30$684
Jul 201930156.272.46$740
Jun 201928752.782.49$715
May 201929958.482.74$819
Apr 201929862.632.75$820
Mar 201921356.803.06$652
Feb 201926650.852.79$743
Jan 201931446.033.23$1,014
Dec 201830946.594.19$1,293
Nov 201830852.934.24$1,305
Oct 201831461.443.40$1,067
Sep 201832959.543.11$1,023
Aug 201833159.403.07$1,015
Jul 201835765.142.93$1,047
Jun 201832860.183.08$1,009
May 201835165.382.90$1,018
Apr 201832163.842.90$931
Mar 201834461.222.79$959
Feb 201833361.782.77$921
Jan 201835862.874.01$1,435
Dec 201733157.272.92$967
Nov 201731855.423.12$992
Oct 201729449.292.98$877
Sep 201731847.523.09$982
Aug 201733945.373.00$1,018
Jul 201734743.873.09$1,071
Jun 201735242.493.09$1,087
May 201736045.373.26$1,175
Apr 201734747.933.21$1,114
Mar 201735346.772.98$1,053
Feb 201732650.452.95$963
Jan 201739149.413.42$1,337
Dec 201652248.763.72$1,943
Nov 201642142.492.64$1,113
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 20165745.352.69$153
May 201614142.521.99$281
Apr 201627736.561.99$552
Mar 201637633.011.79$675
Feb 201634926.472.06$720
Jan 201636327.352.36$858
Dec 201531032.362.00$620
Nov 201530138.792.17$652
Oct 201532643.552.43$791
Sep 201532842.992.76$905
Aug 201534640.162.87$994
Jul 201534348.152.95$1,010
Jun 201533556.152.88$966
May 201534755.212.96$1,026
Apr 201533449.822.71$904
Mar 201533842.892.93$992
Feb 201531544.662.98$938
Jan 201535043.433.10$1,085
Dec 201435854.693.59$1,286
Nov 201437070.464.25$1,573
Oct 201430478.303.90$1,186
Sep 201434486.164.05$1,392
Aug 201433889.394.04$1,364
Jul 201435796.564.18$1,492
Jun 201435598.164.74$1,682
May 201439294.734.73$1,853
Apr 201436295.944.81$1,741
Mar 201437995.895.06$1,917
Feb 201431597.406.19$1,950
Jan 201437290.404.86$1,808
Dec 201337391.824.35$1,624
Nov 201338188.853.74$1,424
Oct 201338997.423.78$1,470
Sep 2013159104.113.72$591
Aug 2013427104.253.52$1,504
Jul 2013377102.523.72$1,402
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 201332193.964.28$1,375
Mar 201336693.623.91$1,432
Feb 201332491.233.42$1,108
Jan 201334691.603.42$1,183
Dec 201235086.773.42$1,197
Nov 201235386.953.62$1,280
Oct 201236889.383.40$1,251
Sep 201235794.672.92$1,042
Aug 201238492.662.91$1,117
Jul 201239185.133.02$1,181
Jun 201236779.822.52$924
May 201237791.612.49$938
Apr 2012345101.652.00$689
Mar 2012350105.052.22$778
Feb 2012233101.102.57$599
Jan 201227698.092.73$755
Dec 201134496.873.24$1,114
Nov 201139295.723.31$1,298
Oct 201120184.983.65$733
Sep 201133583.623.99$1,335
Aug 201127283.404.15$1,129
Jul 201118494.144.52$831
Jun 201129492.904.64$1,364
May 201132298.134.40$1,418
Apr 2011315105.964.33$1,365
Mar 201132496.364.06$1,315
Feb 201129885.644.18$1,246
Jan 201131286.504.59$1,432
Dec 201032285.734.35$1,400
Nov 201031880.843.80$1,207
Oct 201034178.103.51$1,197
Sep 201033972.633.98$1,349
Aug 201035873.684.42$1,582
Jul 201028072.554.74$1,326
Jun 201027770.364.91$1,360
May 201028471.124.24$1,203
Apr 201026781.694.12$1,101
Mar 201027678.394.39$1,211
Feb 201023973.585.44$1,301
Jan 201027174.365.96$1,616
Dec 200928871.445.48$1,579
Nov 200927274.593.75$1,020
Oct 200928772.544.11$1,180
Sep 200929265.543.06$895
Aug 200929667.423.22$953
Jul 200927261.133.46$942
Jun 200926666.163.90$1,036
May 200927754.743.93$1,087
Apr 200926946.773.59$965
Mar 200927442.144.06$1,112
Feb 200923832.814.63$1,103
Jan 200926835.865.37$1,439
Dec 200827137.105.98$1,620
Nov 200827155.496.86$1,859
Oct 200828775.246.92$1,987
Sep 2008281101.767.88$2,213
Aug 2008292114.228.48$2,477
Jul 2008291131.0811.39$3,314
Jun 2008283131.3313.03$3,688
May 2008297123.1711.57$3,438
Apr 2008304110.3110.45$3,178
Mar 2008325101.909.66$3,141
Feb 200830092.538.77$2,631
Jan 200831790.388.21$2,601
Dec 200732088.337.30$2,337
Nov 200730991.677.29$2,253
Oct 200733182.856.92$2,291
Sep 200732675.846.24$2,036
Aug 200733169.066.39$2,114
Jul 200733270.906.39$2,121
Jun 200731662.007.55$2,385
May 200732458.747.85$2,542
Apr 200732459.617.81$2,529
Mar 200733756.927.30$2,461
Feb 200729855.108.22$2,448
Jan 200733450.306.73$2,247
Dec 200633756.656.92$2,332
Nov 200634954.207.62$2,659
Oct 200635654.906.01$2,141
Sep 200635860.085.04$1,803
Aug 200637768.717.34$2,767
Jul 200638269.376.34$2,423
Jun 200635666.286.38$2,273
May 200636066.016.42$2,313
Apr 200633964.397.36$2,495
Mar 200633956.707.08$2,401
Feb 200629057.597.75$2,248
Jan 200633460.598.93$2,984
Dec 200535154.9413.42$4,709
Nov 200535554.6910.59$3,759
Oct 200537758.3413.80$5,201
Sep 200537161.4512.08$4,481
Aug 200539061.519.80$3,821
Jul 200539455.697.84$3,090
Jun 200537552.337.38$2,768
May 200537745.226.65$2,507
Apr 200535949.207.36$2,642
Mar 200536250.377.15$2,590
Feb 200534345.226.31$2,165
Jan 200536843.166.32$2,327
Dec 200439639.866.75$2,673
Nov 200440345.286.33$2,551
Oct 200441549.706.52$2,704
Sep 200443843.245.28$2,314
Aug 200443742.375.55$2,426
Jul 200444038.286.08$2,677
Jun 200443236.106.43$2,779
May 200444037.486.49$2,858
Apr 200441734.475.86$2,443
Mar 200444734.365.53$2,472
Feb 200439932.455.51$2,198
Jan 200442732.036.30$2,690
Dec 200343530.266.30$2,741
Nov 200342628.804.60$1,958
Oct 200345428.174.76$2,161
Sep 200345626.314.75$2,166
Aug 200347429.765.13$2,431
Jul 200347129.415.17$2,435
Jun 200344928.565.98$2,686
May 200346226.595.97$2,759
Apr 200344626.675.41$2,412
Mar 200347631.146.10$2,902
Feb 200342133.487.93$3,337
Jan 200345230.315.58$2,523
Dec 200247126.914.85$2,286
Nov 200245424.664.14$1,878
Oct 200249626.464.23$2,098
Sep 200249827.443.64$1,810
Aug 200252725.963.16$1,668
Jul 200252224.583.06$1,598
Jun 200250723.733.34$1,692
May 200252924.663.58$1,896
Apr 200251023.653.51$1,791
Mar 200254022.003.10$1,675
Feb 200250818.222.38$1,207
Jan 200249817.172.38$1,183
Dec 200152616.932.36$1,244
Nov 200155218.072.41$1,328
Oct 200160319.782.53$1,525
Sep 200160524.262.25$1,362
Aug 200164924.873.05$1,982
Jul 200167123.933.20$2,145
Jun 200165824.563.82$2,516
May 200167725.524.31$2,916
Apr 200116824.685.34$896
Mar 2001024.545.38$0
Feb 2001027.755.77$0
Jan 2001027.478.40$0
Dec 2000026.889.12$0
Nov 2000032.215.66$0
Oct 2000031.235.15$0
Sep 2000031.875.19$0
Aug 2000029.644.54$0
Jul 2000028.534.09$0
Jun 2000029.304.40$0
May 2000027.263.68$0
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 2000027.622.73$0
Jan 2000025.272.48$0
Dec 1999024.282.42$0
Nov 19996023.192.43$146
Oct 199924820.982.80$695
Sep 199938621.752.62$1,011
Aug 199944619.262.88$1,283
Jul 199944217.892.37$1,049
Jun 199947915.942.36$1,131
May 199945315.792.32$1,051
Apr 199948815.102.21$1,078
Mar 199950612.471.84$930
Feb 19994879.981.82$885
Jan 199948810.381.90$927
Dec 19984949.201.77$876
Nov 199853410.892.19$1,167
Oct 199854012.421.97$1,063
Sep 199856812.592.08$1,183
Aug 199848611.301.91$927
Jul 199850411.742.24$1,128
Jun 199856811.242.24$1,271
May 199857212.622.21$1,262
Apr 199857113.042.51$1,431
Mar 199857912.802.31$1,337
Feb 199851013.952.30$1,173
Jan 199859014.702.15$1,271
Dec 199758216.322.41$1,403
Nov 199758518.193.09$1,807
Oct 199757919.253.15$1,824
Sep 199760317.742.95$1,782
Aug 199758817.862.55$1,502
Jul 199759017.582.25$1,326
Jun 199762117.242.26$1,402
May 199761618.972.31$1,422
Apr 199760417.882.08$1,258
Mar 199763318.951.94$1,227
Feb 199763220.492.21$1,394
Jan 199765123.483.54$2,304
Dec 199666923.32$0
Nov 199663521.97$0
Oct 199664023.31$0
Sep 199666422.22$0
Aug 199666620.26$0
Jul 199668219.55$0
Jun 199665718.73$0
May 199663519.43$0
Apr 199665521.51$0
Mar 199667219.38$0
Feb 199664916.98$0
Jan 199668717.07$0
Dec 199569217.19$0
Nov 199573116.00$0
Oct 199579715.43$0
Sep 199580216.18$0
Aug 199593315.92$0
Jul 199585115.24$0
Jun 199587416.41$0
May 199592817.56$0
Apr 199585117.73$0
Mar 199570316.44$0
Feb 199583816.58$0
Jan 19951,20115.92$0
Dec 199415615.03$0
Nov 19949415.90$0
Oct 199415915.58$0
Sep 199472715.29$0
Aug 199459416.13$0
Jul 199428217.56$0
Jun 199436517.09$0
May 199465615.88$0
Apr 199464014.14$0
Mar 199468812.46$0
Feb 199458312.50$0
Jan 199459712.66$0
Dec 199364912.33$0
Nov 199365414.49$0
Oct 199365915.85$0
Sep 199368515.03$0
Aug 199374915.66$0
Jul 199371315.46$0
Jun 199369616.79$0
May 199364017.68$0
Apr 199367818.05$0
Mar 199371118.14$0
Feb 199362417.90$0
Jan 199366116.93$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.

Apr 2026 — as filed, then multipliedworked
Gas                  248 Mcf  × $  2.87 =       $712

────────────────────────────────────────────────────
Month total                                     $712

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/60721 is the state's own key, not one this site invented.