LONE STAR

Operated by RED LINE COMPANY, LTD. (P-5 697042) 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 1054District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
NGPA3none

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
OilDisposition18,070 bbl$1,077,854
Casinghead gasProduction14,319 Mcf$66,689
Total$1,144,543

3,170 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 (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 35.6530, -101.2176. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

35.65296, -101.21762 · 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 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
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.
3100.0%

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.

3 wells

42-233825611
42-233825622
42-233825633

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 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018149059.403.07$8,851
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 2017173049.292.98$8,527
Sep 20170047.523.09$0
Aug 201733045.373.00$1,497
Jul 20170043.873.09$0
Jun 2017176042.493.09$7,478
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201701050.452.95$30
Jan 2017159049.413.42$7,856
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016178046.193.09$8,222
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016173041.622.92$7,200
Jun 20160045.352.69$0
May 2016175042.521.99$7,441
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015171032.362.00$5,534
Nov 20150038.792.17$0
Oct 2015179043.552.43$7,795
Sep 20150042.992.76$0
Aug 2015166040.162.87$6,667
Jul 20150048.152.95$0
Jun 2015173056.152.88$9,714
May 20150055.212.96$0
Apr 2015176049.822.71$8,768
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 2015170043.433.10$7,383
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014173078.303.90$13,546
Sep 2014176086.164.05$15,164
Aug 2014176089.394.04$15,733
Jul 2014171096.564.18$16,512
Jun 2014172098.164.74$16,884
May 2014173094.734.73$16,388
Apr 2014168095.944.81$16,118
Mar 2014340095.895.06$32,603
Feb 20140097.406.19$0
Jan 2014172090.404.86$15,549
Dec 2013166091.824.35$15,242
Nov 20130088.853.74$0
Oct 2013167097.423.78$16,269
Sep 201300104.113.72$0
Aug 20131670104.253.52$17,410
Jul 20131640102.523.72$16,813
Jun 20130094.403.93$0
May 2013171094.834.15$16,216
Apr 2013332093.964.28$31,195
Mar 20130093.623.91$0
Feb 2013169091.233.42$15,418
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012174089.383.40$15,552
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012163079.822.52$13,011
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121720105.052.22$18,069
Feb 201200101.102.57$0
Jan 2012171098.092.73$16,773
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 2011163084.983.65$13,852
Sep 2011161083.623.99$13,463
Aug 20110083.404.15$0
Jul 2011158094.144.52$14,874
Jun 20110092.904.64$0
May 2011168098.134.40$16,486
Apr 201100105.964.33$0
Mar 2011170096.364.06$16,381
Feb 2011171085.644.18$14,644
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010182080.843.80$14,713
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 2010174073.684.42$12,820
Jul 2010167072.554.74$12,116
Jun 20100070.364.91$0
May 2010174071.124.24$12,375
Apr 20100081.694.12$0
Mar 2010166078.394.39$13,013
Feb 2010169073.585.44$12,435
Jan 2010168074.365.96$12,492
Dec 20090071.445.48$0
Nov 20091737274.593.75$13,174
Oct 2009173072.544.11$12,549
Sep 200906165.543.06$187
Aug 200908567.423.22$274
Jul 200908361.133.46$288
Jun 20091726666.163.90$11,637
May 2009180054.743.93$9,853
Apr 20090046.773.59$0
Mar 2009173042.144.06$7,290
Feb 2009173032.814.63$5,676
Jan 2009176035.865.37$6,311
Dec 20080037.105.98$0
Nov 2008176055.496.86$9,766
Oct 200805375.246.92$367
Sep 20081710101.767.88$17,401
Aug 20081690114.228.48$19,303
Jul 200800131.0811.39$0
Jun 200817813131.3313.03$23,546
May 200800123.1711.57$0
Apr 200817594110.3110.45$20,287
Mar 2008025101.909.66$242
Feb 20081722792.538.77$16,152
Jan 2008186090.388.21$16,811
Dec 20070088.337.30$0
Nov 2007173091.677.29$15,859
Oct 200702782.856.92$187
Sep 20071657575.846.24$12,982
Aug 20071725269.066.39$12,210
Jul 20071604670.906.39$11,638
Jun 200702262.007.55$166
May 20070058.747.85$0
Apr 2007177859.617.81$10,613
Mar 20071783256.927.30$10,365
Feb 20070055.108.22$0
Jan 200709850.306.73$659
Dec 2006030056.656.92$2,076
Nov 2006030854.207.62$2,346
Oct 20061822254.906.01$10,124
Sep 200605560.085.04$277
Aug 200604368.717.34$316
Jul 200605869.376.34$368
Jun 200602266.286.38$140
May 200601566.016.42$96
Apr 20061704164.397.36$11,248
Mar 2006011556.707.08$815
Feb 200615517057.597.75$10,244
Jan 200616811260.598.93$11,180
Dec 200506554.9413.42$872
Nov 2005014454.6910.59$1,525
Oct 2005018758.3413.80$2,580
Sep 20051786561.4512.08$11,723
Aug 200501,55461.519.80$15,224
Jul 200507555.697.84$588
Jun 200504052.337.38$295
May 20051714745.226.65$8,045
Apr 20050049.207.36$0
Mar 200502450.377.15$172
Feb 200501745.226.31$107
Jan 200503043.166.32$190
Dec 200405739.866.75$385
Nov 200406445.286.33$405
Oct 20046911449.706.52$4,172
Sep 20046910043.245.28$3,512
Aug 20047110842.375.55$3,608
Jul 200408238.286.08$499
Jun 2004014936.106.43$959
May 200414013937.486.49$6,150
Apr 2004012634.475.86$738
Mar 20047111934.365.53$3,098
Feb 2004729332.455.51$2,849
Jan 2004011332.036.30$712
Dec 200314711330.266.30$5,160
Nov 200306628.804.60$303
Oct 200314412228.174.76$4,637
Sep 200309526.314.75$451
Aug 20037118029.765.13$3,036
Jul 200311410329.415.17$3,885
Jun 2003017028.565.98$1,017
May 20037518726.595.97$3,111
Apr 20037010626.675.41$2,440
Mar 20037117331.146.10$3,266
Feb 200301633.487.93$127
Jan 2003697730.315.58$2,521
Dec 2002014726.914.85$714
Nov 200214818924.664.14$4,432
Oct 20027236926.464.23$3,466
Sep 2002016927.443.64$614
Aug 20021428625.963.16$3,958
Jul 200205324.583.06$162
Jun 2002683323.733.34$1,724
May 200203024.663.58$108
Apr 2002745423.653.51$1,940
Mar 2002714822.003.10$1,711
Feb 20021424518.222.38$2,694
Jan 200204717.172.38$112
Dec 20011456116.932.36$2,599
Nov 20011515818.072.41$2,868
Oct 20011316519.782.53$2,756
Sep 200106924.262.25$155
Aug 200107624.873.05$232
Jul 20012308323.933.20$5,769
Jun 200107524.563.82$287
May 200103825.524.31$164
Apr 200107424.685.34$395
Mar 200106524.545.38$349
Feb 20011382227.755.77$3,956
Jan 200102027.478.40$168
Dec 200005626.889.12$511
Nov 2000686332.215.66$2,547
Oct 200006231.235.15$319
Sep 200007331.875.19$379
Aug 2000757529.644.54$2,564
Jul 200006328.534.09$258
Jun 20002227029.304.40$6,812
May 200003727.263.68$136
Apr 200004324.513.12$134
Mar 200005628.422.86$160
Feb 2000762827.622.73$2,175
Jan 200001025.272.48$25
Dec 199901024.282.42$24
Nov 199902323.192.43$56
Oct 19992106520.982.80$4,588
Sep 199902221.752.62$58
Aug 199902619.262.88$75
Jul 199906517.892.37$154
Jun 19991392715.942.36$2,279
May 199907415.792.32$172
Apr 199901815.102.21$40
Mar 199903412.471.84$63
Feb 1999134369.981.82$1,403
Jan 199904110.381.90$78
Dec 19980379.201.77$66
Nov 199801910.892.19$42
Oct 1998715612.421.97$992
Sep 1998715212.592.08$1,002
Aug 1998011311.301.91$216
Jul 19981442111.742.24$1,738
Jun 1998717711.242.24$970
May 199802112.622.21$46
Apr 1998723213.042.51$1,019
Mar 199803312.802.31$76
Feb 199801113.952.30$25
Jan 199804814.702.15$103
Dec 199706416.322.41$154
Nov 1997703518.193.09$1,381
Oct 19970019.253.15$0
Sep 1997712917.742.95$1,345
Aug 1997713017.862.55$1,345
Jul 1997015517.582.25$348
Jun 1997712217.242.26$1,274
May 1997722018.972.31$1,412
Apr 199702517.882.08$52
Mar 19971392218.951.94$2,677
Feb 199702220.492.21$49
Jan 19971452223.483.54$3,482
Dec 19961432523.32$3,335
Nov 1996692521.97$1,516
Oct 199602723.31$0
Sep 199602922.22$0
Aug 199602920.26$0
Jul 199603919.55$0
Jun 199603418.73$0
May 199603719.43$0
Apr 199604221.51$0
Mar 199602119.38$0
Feb 199601316.98$0
Jan 199601017.07$0
Dec 199502617.19$0
Nov 199503116.00$0
Oct 199505415.43$0
Sep 19957017916.18$1,133
Aug 1995017315.92$0
Jul 199504915.24$0
Jun 199504816.41$0
May 199505617.56$0
Apr 199505217.73$0
Mar 199504816.44$0
Feb 199504516.58$0
Jan 199504515.92$0
Dec 199407215.03$0
Nov 199407115.90$0
Oct 199406015.58$0
Sep 199405615.29$0
Aug 199406016.13$0
Jul 199406517.56$0
Jun 199406117.09$0
May 199409215.88$0
Apr 199408814.14$0
Mar 199408312.46$0
Feb 199405712.50$0
Jan 199408112.66$0
Dec 199308612.33$0
Nov 199307514.49$0
Oct 199309515.85$0
Sep 1993010715.03$0
Aug 19937113015.66$1,112
Jul 1993719815.46$1,098
Jun 19937311816.79$1,226
May 19931418717.68$2,493
Apr 1993012518.05$0
Mar 1993011718.14$0
Feb 199305317.90$0
Jan 199309616.93$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.

Aug 2018 — as filed, then multipliedworked
Oil                  149 bbl  × $ 59.40 =     $8,851
Casinghead gas         0 Mcf  × $  3.07 =         $0

────────────────────────────────────────────────────
Month total                                   $8,851

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/1054 is the state's own key, not one this site invented.