MERCHANT-VACUUM

Operated by PANTERA ENERGY COMPANY (P-5 638486) 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 1192District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$46 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
NGPA4none

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
OilDisposition19,250 bbl$604,931
Casinghead gasProduction315,824 Mcf$1,079,534
Total$1,684,465

44,137 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 (7)

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 35.7339, -101.5238. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.2 miles.

35.73337, -101.52390 · 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
57.1%
4 of 7 wells
With a plug date
28.6%
2 of 7 wells
Median depth
3,100 ft
7 wells filed one
Completion to plug
31.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
457.1%
A plug date is filed
228.6%
BothOn the schedule and plugged. Neither fact cancels the other.
228.6%
NeitherNo plug date, and not on the schedule.
342.9%

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

Between 805 and 3,112 ft, median 3,100 ft, over the 7 wells that filed a depth.

Completions filed
Nov 1934 – Apr 1996
5 of 7 wells; 2 filed none
Plug dates filed
Oct 1980 – Aug 2021
2 of 7 wells; 5 filed none

Last completion to plug: a median of 31.5 years across the 1 well that filed both dates, with the middle half between 31.5 years and 31.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-233831841D805 ftOct 1980Yes
42-23380098T 52,808 ft
42-2333064073,100 ftApr 1996Yes
42-233306616A3,100 ftFeb 1990Aug 2021Yes
42-2333190293,112 ftJul 1984
42-2333177283,100 ftMar 1984
42-2330687442,857 ftNov 1934Yes

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 20261821,021106.413.05$22,476
Apr 2026063598.932.87$1,822
Mar 2026081289.753.15$2,557
Feb 2026058863.503.75$2,205
Jan 2026090759.138.00$7,254
Dec 2025050756.664.41$2,238
Nov 20250058.593.93$0
Oct 2025084059.383.30$2,776
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025028466.743.32$942
Jun 202501,16466.483.13$3,642
May 20250060.553.23$0
Apr 2025070962.363.54$2,512
Mar 2025030767.704.27$1,310
Feb 20250070.884.34$0
Jan 2025062574.324.28$2,674
Dec 2024093168.993.12$2,906
Nov 2024037369.052.20$820
Oct 2024088071.372.28$2,008
Sep 2024098069.612.36$2,317
Aug 2024067575.632.06$1,393
Jul 202410783779.932.15$10,349
Jun 2024081978.082.63$2,157
May 2024058278.812.20$1,279
Apr 2024050084.451.66$830
Mar 2024011380.301.55$175
Feb 2024072376.091.78$1,290
Jan 2024062873.023.30$2,071
Dec 2023081971.262.61$2,138
Nov 202301,38277.892.81$3,880
Oct 202318789585.443.09$18,740
Sep 202301,30189.042.74$3,558
Aug 202301,31980.522.67$3,526
Jul 202301,62074.852.64$4,280
Jun 2023023368.962.26$526
May 2023077070.622.23$1,715
Apr 202301,21778.122.24$2,723
Mar 202301,22172.852.39$2,922
Feb 202301,04475.112.47$2,574
Jan 2023098776.533.39$3,344
Dec 2022096076.415.73$5,500
Nov 202201,11085.005.65$6,267
Oct 202201,29887.185.86$7,611
Sep 2022095784.888.16$7,813
Aug 202201,02594.529.13$9,355
Jul 202201,036101.587.54$7,814
Jun 20221421,014115.097.98$24,432
May 202201,044109.378.43$8,804
Apr 20220843104.226.84$5,764
Mar 20220728108.885.08$3,696
Feb 2022073691.054.86$3,576
Jan 2022086281.844.54$3,911
Dec 2021087871.323.90$3,423
Nov 2021096077.435.24$5,027
Oct 2021086779.795.71$4,954
Sep 2021089769.865.35$4,800
Aug 202101,13266.024.22$4,778
Jul 2021076970.783.98$3,062
Jun 2021093069.493.38$3,144
May 2021066063.483.02$1,992
Apr 202115791960.362.76$12,012
Mar 2021088761.302.72$2,410
Feb 2021052657.805.55$2,918
Jan 2021075850.412.81$2,130
Dec 2020085644.642.68$2,290
Nov 2020079738.772.71$2,157
Oct 2020090336.972.48$2,238
Sep 2020098337.091.99$1,957
Aug 202001,01639.982.39$2,423
Jul 202001,02138.371.83$1,863
Jun 202001,03334.901.69$1,746
May 2020077316.921.81$1,403
Apr 2020088914.751.80$1,604
Mar 2020061730.341.86$1,145
Feb 2020072949.881.98$1,444
Jan 202017282657.252.09$11,577
Dec 2019078659.012.30$1,811
Nov 2019084755.302.75$2,330
Oct 2019069153.472.42$1,671
Sep 201901,08255.052.66$2,875
Aug 2019066353.112.30$1,528
Jul 201901,00556.272.46$2,472
Jun 2019098952.782.49$2,464
May 2019095058.482.74$2,603
Apr 2019088862.632.75$2,443
Mar 2019088656.803.06$2,713
Feb 2019070850.852.79$1,977
Jan 2019085946.033.23$2,773
Dec 2018083046.594.19$3,474
Nov 2018083052.934.24$3,517
Oct 2018097061.443.40$3,296
Sep 2018096959.543.11$3,012
Aug 20181661,04859.403.07$13,074
Jul 2018097465.142.93$2,856
Jun 201801,05160.183.08$3,234
May 2018084365.382.90$2,445
Apr 2018097163.842.90$2,817
Mar 2018048461.222.79$1,349
Feb 2018079661.782.77$2,202
Jan 2018086262.874.01$3,456
Dec 2017087557.272.92$2,556
Nov 2017091355.423.12$2,847
Oct 201701,02149.292.98$3,046
Sep 201701,02547.523.09$3,164
Aug 201701,04945.373.00$3,152
Jul 201701,08743.873.09$3,356
Jun 201701,14142.493.09$3,523
May 201717760945.373.26$10,018
Apr 2017099147.933.21$3,183
Mar 2017099646.772.98$2,972
Feb 2017087250.452.95$2,575
Jan 201701,00449.413.42$3,432
Dec 2016094048.763.72$3,499
Nov 2016088942.492.64$2,351
Oct 2016081446.193.09$2,515
Sep 2016089341.553.10$2,769
Aug 201601,22641.442.92$3,585
Jul 201601,27041.622.92$3,714
Jun 201601,01545.352.69$2,726
May 2016042742.521.99$850
Apr 2016041936.561.99$834
Mar 201617692433.011.79$7,467
Feb 2016085826.472.06$1,771
Jan 2016093227.352.36$2,204
Dec 2015093132.362.00$1,863
Nov 2015097838.792.17$2,120
Oct 201501,13643.552.43$2,757
Sep 201501,12442.992.76$3,100
Aug 201501,12540.162.87$3,232
Jul 201501,07448.152.95$3,163
Jun 201501,13956.152.88$3,284
May 20151711,26455.212.96$13,177
Apr 2015086249.822.71$2,333
Mar 201501,16142.892.93$3,407
Feb 201501,12244.662.98$3,339
Jan 201501,06943.433.10$3,315
Dec 201401,13854.693.59$4,087
Nov 201401,14770.464.25$4,877
Oct 201401,26878.303.90$4,946
Sep 201401,26286.164.05$5,105
Aug 201401,26989.394.04$5,121
Jul 20141731,31296.564.18$22,189
Jun 201401,33198.164.74$6,305
May 201401,08394.734.73$5,119
Apr 2014085795.944.81$4,121
Mar 201401,22595.895.06$6,195
Feb 201401,05097.406.19$6,502
Jan 201401,23290.404.86$5,988
Dec 201301,27491.824.35$5,548
Nov 2013093488.853.74$3,492
Oct 201301,33397.423.78$5,038
Sep 201301,079104.113.72$4,011
Aug 201301,374104.253.52$4,840
Jul 20131771,327102.523.72$23,079
Jun 2013066594.403.93$2,616
May 2013069794.834.15$2,892
Apr 2013051293.964.28$2,193
Mar 2013053893.623.91$2,105
Feb 2013048391.233.42$1,652
Jan 2013068491.603.42$2,339
Dec 2012023786.773.42$811
Nov 2012063686.953.62$2,305
Oct 201217266389.383.40$17,627
Sep 2012058794.672.92$1,713
Aug 2012071392.662.91$2,074
Jul 2012071185.133.02$2,148
Jun 2012070179.822.52$1,766
May 2012054691.612.49$1,359
Apr 2012175673101.652.00$19,133
Mar 20120708105.052.22$1,573
Feb 20120586101.102.57$1,506
Jan 201217666998.092.73$19,093
Dec 2011069396.873.24$2,245
Nov 2011073995.723.31$2,447
Oct 2011087584.983.65$3,192
Sep 2011070783.623.99$2,818
Aug 2011088883.404.15$3,685
Jul 2011055094.144.52$2,484
Jun 20119873592.904.64$12,515
May 2011046298.134.40$2,035
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011065486.504.59$3,001
Dec 2010080185.734.35$3,483
Nov 2010020180.843.80$763
Oct 20100178.103.51$4
Sep 20100072.633.98$0
Aug 20100673.684.42$27
Jul 2010021872.554.74$1,033
Jun 2010049570.364.91$2,431
May 2010027671.124.24$1,169
Apr 201017755281.694.12$16,735
Mar 2010059478.394.39$2,607
Feb 2010053973.585.44$2,933
Jan 2010059574.365.96$3,549
Dec 2009053171.445.48$2,912
Nov 2009059874.593.75$2,243
Oct 2009072672.544.11$2,984
Sep 2009065965.543.06$2,020
Aug 2009081067.423.22$2,607
Jul 2009036261.133.46$1,254
Jun 2009070866.163.90$2,758
May 2009075354.743.93$2,956
Apr 2009052546.773.59$1,883
Mar 2009049742.144.06$2,017
Feb 2009041332.814.63$1,913
Jan 200917853835.865.37$9,273
Dec 2008057837.105.98$3,455
Nov 2008070255.496.86$4,816
Oct 2008047375.246.92$3,274
Sep 20080529101.767.88$4,167
Aug 20080406114.228.48$3,444
Jul 20080535131.0811.39$6,093
Jun 20080533131.3313.03$6,946
May 20080877123.1711.57$10,151
Apr 20080504110.3110.45$5,269
Mar 20080229101.909.66$2,213
Feb 2008036492.538.77$3,192
Jan 200818354090.388.21$20,971
Dec 2007045888.337.30$3,344
Nov 2007058691.677.29$4,273
Oct 2007060882.856.92$4,209
Sep 2007060475.846.24$3,771
Aug 2007054169.066.39$3,456
Jul 2007064570.906.39$4,120
Jun 2007048262.007.55$3,638
May 2007065758.747.85$5,155
Apr 200717423659.617.81$12,214
Mar 2007056256.927.30$4,104
Feb 2007048455.108.22$3,977
Jan 2007036050.306.73$2,422
Dec 2006027356.656.92$1,889
Nov 200616436054.207.62$11,631
Oct 2006032254.906.01$1,936
Sep 2006056660.085.04$2,851
Aug 2006055768.717.34$4,088
Jul 2006057969.376.34$3,672
Jun 2006047566.286.38$3,032
May 200616747666.016.42$14,082
Apr 2006033664.397.36$2,473
Mar 2006033256.707.08$2,352
Feb 2006036857.597.75$2,852
Jan 200617147060.598.93$14,560
Dec 2005040454.9413.42$5,420
Nov 2005041854.6910.59$4,426
Oct 2005062258.3413.80$8,581
Sep 2005016161.4512.08$1,945
Aug 200518171661.519.80$18,148
Jul 2005056155.697.84$4,400
Jun 2005056352.337.38$4,156
May 200517050245.226.65$11,026
Apr 2005053649.207.36$3,945
Mar 2005059150.377.15$4,229
Feb 2005050445.226.31$3,181
Jan 200516353643.166.32$10,424
Dec 2004054139.866.75$3,652
Nov 2004048845.286.33$3,089
Oct 2004066149.706.52$4,306
Sep 200416160043.245.28$10,132
Aug 2004079242.375.55$4,396
Jul 2004085338.286.08$5,190
Jun 2004069736.106.43$4,484
May 200416682737.486.49$11,593
Apr 2004075234.475.86$4,406
Mar 2004076834.365.53$4,247
Feb 2004060432.455.51$3,328
Jan 200417063932.036.30$9,471
Dec 2003062430.266.30$3,932
Nov 2003090328.804.60$4,149
Oct 2003078528.174.76$3,736
Sep 200317679026.314.75$8,383
Aug 2003088729.765.13$4,550
Jul 2003088029.415.17$4,550
Jun 2003084828.565.98$5,074
May 200317091526.595.97$9,985
Apr 2003082426.675.41$4,456
Mar 2003082531.146.10$5,029
Feb 200316676633.487.93$11,629
Jan 2003076830.315.58$4,287
Dec 2002083726.914.85$4,063
Nov 200215974424.664.14$6,999
Oct 2002067126.464.23$2,838
Sep 2002072727.443.64$2,643
Aug 200217584425.963.16$7,214
Jul 200201,02624.583.06$3,141
Jun 200201,16223.733.34$3,879
May 20021542,02324.663.58$11,048
Apr 200202223.653.51$77
Mar 200201,05122.003.10$3,261
Feb 200216873518.222.38$4,807
Jan 2002089817.172.38$2,133
Dec 2001091716.932.36$2,168
Nov 200116899618.072.41$5,432
Oct 200101,00019.782.53$2,529
Sep 200101,04624.262.25$2,355
Aug 20011651,10424.873.05$7,474
Jul 200101,12523.933.20$3,597
Jun 20011701,08424.563.82$8,321
May 2001089025.524.31$3,834
Apr 200117762124.685.34$7,682
Mar 2001086924.545.38$4,672
Feb 200116950827.755.77$7,619
Jan 2001067727.478.40$5,686
Dec 200016775526.889.12$11,376
Nov 2000064232.215.66$3,632
Oct 2000069431.235.15$3,571
Sep 200016884031.875.19$9,711
Aug 2000073629.644.54$3,342
Jul 200001,02128.534.09$4,176
Jun 200017295529.304.40$9,239
May 200001,00427.263.68$3,694
Apr 200016480924.513.12$6,540
Mar 2000088828.422.86$2,539
Feb 200016167827.622.73$6,295
Jan 200016257725.272.48$5,525
Dec 1999064624.282.42$1,566
Nov 1999071723.192.43$1,745
Oct 199917594220.982.80$6,313
Sep 199901,16421.752.62$3,048
Aug 19991711,38519.262.88$7,276
Jul 199901,25417.892.37$2,975
Jun 199901,21415.942.36$2,868
May 199917544415.792.32$3,794
Apr 1999081715.102.21$1,804
Mar 1999089512.471.84$1,645
Feb 19991716169.981.82$2,826
Jan 1999076610.381.90$1,455
Dec 199808389.201.77$1,486
Nov 199817373910.892.19$3,499
Oct 1998063212.421.97$1,245
Sep 199817471412.592.08$3,678
Aug 1998083211.301.91$1,587
Jul 19989191311.742.24$3,111
Jun 1998071111.242.24$1,591
May 199817266612.622.21$3,640
Apr 199817573213.042.51$4,116
Mar 1998061412.802.31$1,418
Feb 1998084913.952.30$1,952
Jan 199816959214.702.15$3,760
Dec 1997072416.322.41$1,746
Nov 199717344918.193.09$4,534
Oct 1997080119.253.15$2,523
Sep 199717896417.742.95$6,006
Aug 1997098217.862.55$2,509
Jul 199717792917.582.25$5,199
Jun 199716985517.242.26$4,843
May 199717771918.972.31$5,018
Apr 19973551,14217.882.08$8,726
Mar 19972291,10918.951.94$6,490
Feb 199724893720.492.21$7,148
Jan 19972901,60123.483.54$12,476
Dec 19962841,25623.32$6,623
Nov 19961851,36921.97$4,064
Oct 19962011,32923.31$4,685
Sep 19962101,13322.22$4,666
Aug 19962671,24320.26$5,409
Jul 19962511,40119.55$4,907
Jun 199624087718.73$4,495
May 199627061519.43$5,246
Apr 19962631,09021.51$5,657
Mar 19962751,08219.38$5,330
Feb 19962781,07816.98$4,720
Jan 19962681,14417.07$4,575
Dec 19952791,32017.19$4,796
Nov 199529193016.00$4,656
Oct 19953051,35415.43$4,706
Sep 19952241,40616.18$3,624
Aug 19952429415.92$382
Jul 19954520915.24$686
Jun 19952223316.41$361
May 19955428517.56$948
Apr 19951129217.73$195
Mar 19956232516.44$1,019
Feb 1995522416.58$83
Jan 19956221415.92$987
Dec 19941316415.03$195
Nov 19941227915.90$191
Oct 199411267515.58$1,745
Sep 19941401,14315.29$2,141
Aug 19941681,30816.13$2,710
Jul 19941331,40617.56$2,335
Jun 19941621,24217.09$2,769
May 19941641,17015.88$2,604
Apr 19941451,16614.14$2,050
Mar 199417192512.46$2,131
Feb 199413172612.50$1,638
Jan 199413736812.66$1,734
Dec 199315956412.33$1,960
Nov 199317971414.49$2,594
Oct 19931581,51815.85$2,504
Sep 19932381,83615.03$3,577
Aug 1993891,18215.66$1,394
Jul 19931531,33615.46$2,365
Jun 19931691,10216.79$2,838
May 199312490917.68$2,192
Apr 199313177018.05$2,365
Mar 19932441,18018.14$4,426
Feb 1993961,00717.90$1,718
Jan 199316074416.93$2,709

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
Oil                  182 bbl  × $106.41 =    $19,367
Casinghead gas     1,021 Mcf  × $  3.05 =     $3,110

────────────────────────────────────────────────────
Month total                                  $22,476

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/1192 is the state's own key, not one this site invented.