FLORENCE

Operated by PONDEROSA TX OPERATING LLC (P-5 670097) in the PANHANDLE HUTCHINSON COUNTY FLD. field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1031District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$88 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 918 leases and 8,177 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

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
NGPA2none

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
OilDisposition91,951 bbl$4,286,956
Casinghead gasProduction12,681 Mcf$51,513
Total$4,338,469

29 Mcf of this lease's gas, across 29 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 (6)

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 35.7086, -101.3513. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles. 3 wells have no surveyed location and are left out of it.

35.70805, -101.35112 · centre of 3 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
50.0%
3 of 6 wells
With a plug date
50.0%
3 of 6 wells
Median depth
2,961 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
350.0%
A plug date is filed
350.0%
BothOn the schedule and plugged. Neither fact cancels the other.
350.0%
NeitherNo plug date, and not on the schedule.
350.0%

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 2,961 ft.

Plug dates filed
Mar 1977 – Dec 1985
3 of 6 wells; 3 filed none

6 wells

42-2338249922,961 ftDec 1985Yes
42-233825014Mar 1977Yes
42-233825025Feb 1979Yes
42-233824981
42-233825003
42-233825036

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 2026200098.932.87$19,786
Mar 202679089.753.15$7,090
Feb 2026111063.503.75$7,049
Jan 202683059.138.00$4,908
Dec 20250056.664.41$0
Nov 2025106058.593.93$6,211
Oct 202561059.383.30$3,622
Sep 2025105062.743.08$6,588
Aug 2025103063.933.01$6,585
Jul 2025186066.743.32$12,414
Jun 2025213066.483.13$14,160
May 2025114060.553.23$6,903
Apr 2025168062.363.54$10,476
Mar 2025177067.704.27$11,983
Feb 20250070.884.34$0
Jan 2025107074.324.28$7,952
Dec 2024109068.993.12$7,520
Nov 2024181069.052.20$12,498
Oct 2024253071.372.28$18,057
Sep 2024152069.612.36$10,581
Aug 2024112075.632.06$8,471
Jul 2024217079.932.15$17,345
Jun 2024109078.082.63$8,511
May 2024203078.812.20$15,998
Apr 2024206084.451.66$17,397
Mar 2024216080.301.55$17,345
Feb 2024201076.091.78$15,294
Jan 2024188073.023.30$13,728
Dec 2023309071.262.61$22,019
Nov 2023185077.892.81$14,410
Oct 2023269085.443.09$22,983
Sep 2023214089.042.74$19,055
Aug 2023288080.522.67$23,190
Jul 2023272074.852.64$20,359
Jun 2023265068.962.26$18,274
May 2023250070.622.23$17,655
Apr 2023207078.122.24$16,171
Mar 2023320172.852.39$23,314
Feb 2023297075.112.47$22,308
Jan 2023109076.533.39$8,342
Dec 2022267076.415.73$20,401
Nov 2022212085.005.65$18,020
Oct 2022312087.185.86$27,200
Sep 2022108084.888.16$9,167
Aug 2022301094.529.13$28,451
Jul 20222000101.587.54$20,316
Jun 20222170115.097.98$24,975
May 20222900109.378.43$31,717
Apr 20222070104.226.84$21,574
Mar 20222080108.885.08$22,647
Feb 2022262091.054.86$23,855
Jan 20220081.844.54$0
Dec 2021295071.323.90$21,039
Nov 2021302077.435.24$23,384
Oct 2021218079.795.71$17,394
Sep 2021204069.865.35$14,251
Aug 2021305066.024.22$20,136
Jul 2021209070.783.98$14,793
Jun 2021313069.493.38$21,750
May 2021222063.483.02$14,093
Apr 2021107060.362.76$6,459
Mar 2021304061.302.72$18,635
Feb 2021100057.805.55$5,780
Jan 2021205050.412.81$10,334
Dec 2020200044.642.68$8,928
Nov 2020203038.772.71$7,870
Oct 2020299036.972.48$11,054
Sep 2020210037.091.99$7,789
Aug 2020203039.982.39$8,116
Jul 2020207038.371.83$7,943
Jun 2020389034.901.69$13,576
May 20200016.921.81$0
Apr 2020106014.751.80$1,564
Mar 202098030.341.86$2,973
Feb 2020105049.881.98$5,237
Jan 2020195057.252.09$11,164
Dec 2019103059.012.30$6,078
Nov 201999055.302.75$5,475
Oct 2019210353.472.42$11,236
Sep 20192993555.052.66$16,553
Aug 2019205053.112.30$10,888
Jul 2019197056.272.46$11,085
Jun 2019204052.782.49$10,767
May 2019395058.482.74$23,100
Apr 2019291062.632.75$18,225
Mar 2019295056.803.06$16,756
Feb 2019287750.852.79$14,614
Jan 2019288846.033.23$13,282
Dec 20181915846.594.19$9,141
Nov 20181985752.934.24$10,722
Oct 20181988261.443.40$12,444
Sep 20183156559.543.11$18,957
Aug 20182126659.403.07$12,795
Jul 20181925665.142.93$12,671
Jun 20182157060.183.08$13,154
May 2018217565.382.90$14,202
Apr 20181067263.842.90$6,976
Mar 20183098661.222.79$19,157
Feb 2018934761.782.77$5,876
Jan 201819610462.874.01$12,739
Dec 201719114857.272.92$11,371
Nov 20171953755.423.12$10,922
Oct 2017956649.292.98$4,879
Sep 20171916747.523.09$9,283
Aug 20171907745.373.00$8,852
Jul 20171852743.873.09$8,199
Jun 20171798442.493.09$7,865
May 20171795545.373.26$8,301
Apr 2017907547.933.21$4,555
Mar 201718310046.772.98$8,857
Feb 20171588050.452.95$8,207
Jan 20171342849.413.42$6,717
Dec 2016116048.763.72$5,656
Nov 2016101942.492.64$4,315
Oct 2016987046.193.09$4,743
Sep 2016697841.553.10$3,109
Aug 2016826841.442.92$3,597
Jul 201602841.622.92$82
Jun 2016893645.352.69$4,133
May 201684942.521.99$3,590
Apr 2016852936.561.99$3,165
Mar 20161365733.011.79$4,592
Feb 2016574726.472.06$1,606
Jan 2016633027.352.36$1,794
Dec 20151237232.362.00$4,124
Nov 2015586638.792.17$2,393
Oct 201505943.552.43$143
Sep 20151237542.992.76$5,495
Aug 201518010540.162.87$7,530
Jul 20151236448.152.95$6,111
Jun 20151969556.152.88$11,279
May 20151278355.212.96$7,257
Apr 20151285449.822.71$6,523
Mar 20151996342.892.93$8,720
Feb 2015665844.662.98$3,120
Jan 20152016243.433.10$8,922
Dec 20146811954.693.59$4,146
Nov 20147213270.464.25$5,634
Oct 201420316778.303.90$16,546
Sep 201414112786.164.05$12,662
Aug 201414013589.394.04$13,059
Jul 201413916796.564.18$14,120
Jun 201421317598.164.74$21,737
May 201419514294.734.73$19,144
Apr 201413512495.944.81$13,548
Mar 201420910495.895.06$20,567
Feb 201413713697.406.19$14,186
Jan 201420216490.404.86$19,058
Dec 201319412391.824.35$18,349
Nov 2013684288.853.74$6,199
Oct 20132061297.423.78$20,114
Sep 201313951104.113.72$14,661
Aug 201313435104.253.52$14,093
Jul 201320323102.523.72$20,897
Jun 20131371794.403.93$13,000
May 20131969694.834.15$18,985
Apr 2013141093.964.28$13,248
Mar 201315710193.623.91$15,094
Feb 201314513391.233.42$13,683
Jan 201314610391.603.42$13,726
Dec 2012695486.773.42$6,172
Nov 201214213386.953.62$12,829
Oct 2012192089.383.40$17,161
Sep 201265094.672.92$6,154
Aug 201212016792.662.91$11,605
Jul 201212712185.133.02$11,177
Jun 201211910279.822.52$9,756
May 20121278591.612.49$11,846
Apr 2012104124101.652.00$10,819
Mar 201210091105.052.22$10,707
Feb 201210468101.102.57$10,689
Jan 2012537598.092.73$5,404
Dec 20111057696.873.24$10,418
Nov 2011514995.723.31$5,044
Oct 20111027784.983.65$8,949
Sep 20111394883.623.99$11,815
Aug 201172083.404.15$6,005
Jul 20111585594.144.52$15,123
Jun 2011143092.904.64$13,285
May 2011151498.134.40$14,835
Apr 20112410105.964.33$25,536
Mar 20117611596.364.06$7,790
Feb 20111488085.644.18$13,009
Jan 201114612186.504.59$13,184
Dec 201017714185.734.35$15,787
Nov 20109214180.843.80$7,972
Oct 201025718378.103.51$20,714
Sep 201026219472.633.98$19,801
Aug 201016619173.684.42$13,075
Jul 20102674972.554.74$19,603
Jun 201017716470.364.91$13,259
May 201017925571.124.24$13,810
Apr 201016331081.694.12$14,594
Mar 201034124878.394.39$27,819
Feb 201017723073.585.44$14,275
Jan 20108928274.365.96$8,300
Dec 200916419571.445.48$12,785
Nov 200925726674.593.75$20,168
Oct 200918926672.544.11$14,803
Sep 200918720265.543.06$12,875
Aug 200918624167.423.22$13,316
Jul 200928310261.133.46$17,653
Jun 2009188066.163.90$12,438
May 200918213154.743.93$10,477
Apr 200918218046.773.59$9,158
Mar 200917222942.144.06$8,178
Feb 200917322432.814.63$6,714
Jan 200918521035.865.37$7,762
Dec 20082822237.105.98$10,594
Nov 2008029555.496.86$2,024
Oct 200828533675.246.92$23,769
Sep 2008119309101.767.88$14,543
Aug 20081770114.228.48$20,217
Jul 20082850131.0811.39$37,358
Jun 20081760131.3313.03$23,114
May 20082210123.1711.57$27,221
Apr 20082760110.3110.45$30,446
Mar 20082930101.909.66$29,857
Feb 2008250092.538.77$23,133
Jan 2008309090.388.21$27,927
Dec 2007304088.337.30$26,852
Nov 2007243091.677.29$22,276
Oct 2007293082.856.92$24,275
Sep 2007293075.846.24$22,221
Aug 2007293069.066.39$20,235
Jul 2007233070.906.39$16,520
Jun 2007351062.007.55$21,762
May 2007293058.747.85$17,211
Apr 2007289059.617.81$17,227
Mar 2007413056.927.30$23,508
Feb 2007120055.108.22$6,612
Jan 2007235050.306.73$11,821
Dec 2006287056.656.92$16,259
Nov 2006293054.207.62$15,881
Oct 2006351054.906.01$19,270
Sep 2006292060.085.04$17,543
Aug 2006291068.717.34$19,995
Jul 2006348069.376.34$24,141
Jun 2006350066.286.38$23,198
May 2006413066.016.42$27,262
Apr 2006353064.397.36$22,730
Mar 2006355056.707.08$20,129
Feb 2006238057.597.75$13,706
Jan 2006353060.598.93$21,388
Dec 2005296054.9413.42$16,262
Nov 2005295054.6910.59$16,134
Oct 2005236058.3413.80$13,768
Sep 2005233061.4512.08$14,318
Aug 2005294061.519.80$18,084
Jul 2005232055.697.84$12,920
Jun 2005288052.337.38$15,071
May 2005232045.226.65$10,491
Apr 2005234049.207.36$11,513
Mar 2005297050.377.15$14,960
Feb 2005237045.226.31$10,717
Jan 2005236043.166.32$10,186
Dec 2004236039.866.75$9,407
Nov 2004296045.286.33$13,403
Oct 2004235049.706.52$11,680
Sep 2004292043.245.28$12,626
Aug 2004290042.375.55$12,287
Jul 2004288038.286.08$11,025
Jun 2004288036.106.43$10,397
May 2004291037.486.49$10,907
Apr 2004237034.475.86$8,169
Mar 2004293034.365.53$10,067
Feb 2004235032.455.51$7,626
Jan 2004234032.036.30$7,495
Dec 2003236030.266.30$7,141
Nov 2003237028.804.60$6,826
Oct 2003291028.174.76$8,197
Sep 2003235026.314.75$6,183
Aug 2003289029.765.13$8,601
Jul 2003235029.415.17$6,911
Jun 2003292028.565.98$8,340
May 2003236026.595.97$6,275
Apr 2003236026.675.41$6,294
Mar 2003235031.146.10$7,318
Feb 2003235033.487.93$7,868
Jan 2003235030.315.58$7,123
Dec 2002236026.914.85$6,351
Nov 2002237024.664.14$5,844
Oct 2002293026.464.23$7,753
Sep 2002239027.443.64$6,558
Aug 2002294025.963.16$7,632
Jul 2002293024.583.06$7,202
Jun 2002292023.733.34$6,929
May 2002290024.663.58$7,151
Apr 2002237023.653.51$5,605
Mar 2002296022.003.10$6,512
Feb 2002240018.222.38$4,373
Jan 2002294017.172.38$5,048
Dec 2001239016.932.36$4,046
Nov 2001295018.072.41$5,331
Oct 2001295019.782.53$5,835
Sep 2001234024.262.25$5,677
Aug 2001293024.873.05$7,287
Jul 2001293023.933.20$7,011
Jun 2001234024.563.82$5,747
May 2001291025.524.31$7,426
Apr 2001293024.685.34$7,231
Mar 2001237024.545.38$5,816
Feb 2001236027.755.77$6,549
Jan 2001238027.478.40$6,538
Dec 2000236026.889.12$6,344
Nov 2000294032.215.66$9,470
Oct 2000293031.235.15$9,150
Sep 2000295031.875.19$9,402
Aug 2000293029.644.54$8,685
Jul 2000293028.534.09$8,359
Jun 2000293029.304.40$8,585
May 2000295027.263.68$8,042
Apr 2000292024.513.12$7,157
Mar 2000297028.422.86$8,441
Feb 2000294027.622.73$8,120
Jan 2000290025.272.48$7,328
Dec 1999295024.282.42$7,163
Nov 1999236023.192.43$5,473
Oct 1999295020.982.80$6,189
Sep 1999352021.752.62$7,656
Aug 1999399019.262.88$7,685
Jul 1999234017.892.37$4,186
Jun 1999293015.942.36$4,670
May 1999293015.792.32$4,626
Apr 1999294015.102.21$4,439
Mar 1999358012.471.84$4,464
Feb 199923809.981.82$2,375
Jan 1999358010.381.90$3,716
Dec 199829409.201.77$2,705
Nov 1998303010.892.19$3,300
Oct 1998357012.421.97$4,434
Sep 1998295012.592.08$3,714
Aug 1998358011.301.91$4,045
Jul 1998356011.742.24$4,179
Jun 1998298011.242.24$3,350
May 1998300012.622.21$3,786
Apr 1998245013.042.51$3,195
Mar 1998303012.802.31$3,878
Feb 1998282013.952.30$3,934
Jan 1998305014.702.15$4,484
Dec 1997292016.322.41$4,765
Nov 1997303018.193.09$5,512
Oct 1997302019.253.15$5,814
Sep 1997355017.742.95$6,298
Aug 1997358017.862.55$6,394
Jul 1997340017.582.25$5,977
Jun 1997294017.242.26$5,069
May 1997352018.972.31$6,677
Apr 1997355017.882.08$6,347
Mar 1997356018.951.94$6,746
Feb 1997293020.492.21$6,004
Jan 1997352023.483.54$8,265
Dec 1996355023.32$8,279
Nov 1996295021.97$6,481
Oct 1996357023.31$8,322
Sep 1996350022.22$7,777
Aug 1996293020.26$5,936
Jul 1996352019.55$6,882
Jun 1996355018.73$6,649
May 1996299019.43$5,810
Apr 1996361021.51$7,765
Mar 1996301019.38$5,833
Feb 1996300016.98$5,094
Jan 1996305017.07$5,206
Dec 1995301017.19$5,174
Nov 1995362016.00$5,792
Oct 1995305015.43$4,706
Sep 1995354016.18$5,728
Aug 1995350015.92$5,572
Jul 1995293015.24$4,465
Jun 1995346016.41$5,678
May 1995352117.56$6,181
Apr 1995353117.73$6,259
Mar 1995354116.44$5,820
Feb 1995355116.58$5,886
Jan 1995354115.92$5,636
Dec 1994300115.03$4,509
Nov 1994367115.90$5,835
Oct 1994314115.58$4,892
Sep 1994365115.29$5,581
Aug 1994365116.13$5,887
Jul 1994368117.56$6,462
Jun 1994376117.09$6,426
May 1994301115.88$4,780
Apr 1994297114.14$4,200
Mar 1994369112.46$4,598
Feb 1994306112.50$3,825
Jan 1994365112.66$4,621
Dec 1993310112.33$3,822
Nov 1993312114.49$4,521
Oct 1993302115.85$4,787
Sep 1993304115.03$4,569
Aug 1993365115.66$5,716
Jul 1993289115.46$4,468
Jun 1993353116.79$5,927
May 1993305117.68$5,392
Apr 1993363118.05$6,552
Mar 1993305118.14$5,533
Feb 1993304117.90$5,442
Jan 1993307116.93$5,198

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
Oil                  200 bbl  × $ 98.93 =    $19,786
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $19,786

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/O/1031 is the state's own key, not one this site invented.