PITCHER, G. C. -B-

Operated by C. O. OIL AND GAS, LLC (P-5 120745) 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 1231District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$922 k
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
NGPA7none

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
OilDisposition21,514 bbl$689,628
Casinghead gasProduction73,919 Mcf$232,366
Total$921,994

27,329 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 35.6374, -101.2182. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.63742, -101.21850 · 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
100.0%
7 of 7 wells
With a plug date
100.0%
7 of 7 wells
Median depth
3,150 ft
7 wells filed one
Completion to plug
82.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
7100.0%
A plug date is filed
7100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
7100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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

Between 3,120 and 3,215 ft, median 3,150 ft, over the 7 wells that filed a depth.

Completions filed
May 1940
1 of 7 wells; 6 filed none
Plug dates filed
Feb 2023 – Mar 2023
7 of 7 wells

Last completion to plug: a median of 82.8 years across the 1 well that filed both dates, with the middle half between 82.8 years and 82.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-2331033533,120 ftFeb 2023Yes
42-2331317713,132 ftFeb 2023Yes
42-2338345723,146 ftFeb 2023Yes
42-2338345943,180 ftMar 2023Yes
42-2338346053,215 ftFeb 2023Yes
42-2338346163,150 ftMar 2023Yes
42-2331181073,160 ftMay 1940Feb 2023Yes

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 201848052.934.24$2,541
Oct 201860061.443.40$3,686
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 201838061.222.79$2,326
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 201704257.272.92$123
Nov 201707555.423.12$234
Oct 2017458049.292.98$2,457
Sep 201709047.523.09$278
Aug 201706245.373.00$186
Jul 2017206043.873.09$1,063
Jun 2017456642.493.09$2,116
May 201703345.373.26$108
Apr 201703647.933.21$116
Mar 201708346.772.98$248
Feb 20172511050.452.95$1,586
Jan 201707449.413.42$253
Dec 201606648.763.72$246
Nov 2016127042.492.64$695
Oct 201606446.193.09$198
Sep 2016277041.553.10$1,339
Aug 201608041.442.92$234
Jul 201608041.622.92$234
Jun 20160845.352.69$21
May 2016265642.521.99$1,217
Apr 2016010036.561.99$199
Mar 2016501533.011.79$1,677
Feb 2016396026.472.06$1,156
Jan 2016206027.352.36$689
Dec 201505532.362.00$110
Nov 201506038.792.17$130
Oct 2015286543.552.43$1,377
Sep 201507042.992.76$193
Aug 2015305840.162.87$1,371
Jul 2015146048.152.95$851
Jun 2015126556.152.88$861
May 201506055.212.96$177
Apr 20155011049.822.71$2,789
Mar 20154511342.892.93$2,262
Feb 2015289644.662.98$1,536
Jan 201506443.433.10$198
Dec 20140054.693.59$0
Nov 201405770.464.25$242
Oct 20143512178.303.90$3,213
Sep 20142312586.164.05$2,487
Aug 2014303389.394.04$2,815
Jul 2014375896.564.18$3,815
Jun 2014328298.164.74$3,530
May 2014287694.734.73$3,012
Apr 2014267895.944.81$2,870
Mar 2014366295.895.06$3,766
Feb 2014175897.406.19$2,015
Jan 2014165590.404.86$1,714
Dec 201304991.824.35$213
Nov 2013156088.853.74$1,557
Oct 2013177497.423.78$1,936
Sep 20131764104.113.72$2,008
Aug 20131863104.253.52$2,098
Jul 2013064102.523.72$238
Jun 2013175394.403.93$1,813
May 2013345694.834.15$3,457
Apr 2013186993.964.28$1,987
Mar 2013347493.623.91$3,473
Feb 2013185891.233.42$1,840
Jan 201306291.603.42$212
Dec 20122012186.773.42$2,149
Nov 2012205886.953.62$1,949
Oct 2012355989.383.40$3,329
Sep 201205894.672.92$169
Aug 2012209692.662.91$2,132
Jul 2012208185.133.02$1,947
Jun 2012407479.822.52$3,379
May 2012188491.612.49$1,858
Apr 20123480101.652.00$3,616
Mar 20121782105.052.22$1,968
Feb 20121668101.102.57$1,792
Jan 2012147798.092.73$1,584
Dec 2011487496.873.24$4,890
Nov 2011189095.723.31$2,021
Oct 20112011084.983.65$2,101
Sep 2011178783.623.99$1,768
Aug 2011177783.404.15$1,737
Jul 2011178494.144.52$1,980
Jun 2011346692.904.64$3,465
May 2011178398.134.40$2,034
Apr 20113080105.964.33$3,525
Mar 2011348096.364.06$3,601
Feb 2011104985.644.18$1,061
Jan 2011137286.504.59$1,455
Dec 2010347585.734.35$3,241
Nov 2010174980.843.80$1,560
Oct 2010348178.103.51$2,940
Sep 2010179072.633.98$1,593
Aug 2010339673.684.42$2,856
Jul 201004072.554.74$189
Jun 201005170.364.91$250
May 20108071.124.24$569
Apr 201016081.694.12$1,307
Mar 201051078.394.39$3,998
Feb 201034073.585.44$2,502
Jan 201039074.365.96$2,900
Dec 20090071.445.48$0
Nov 20095074.593.75$373
Oct 200910072.544.11$725
Sep 200911065.543.06$721
Aug 200910067.423.22$674
Jul 20091061.133.46$61
Jun 200904166.163.90$160
May 20092556254.743.93$3,575
Apr 20091545246.773.59$2,323
Mar 20093439842.144.06$3,048
Feb 20092735532.814.63$2,531
Jan 20092716035.865.37$1,828
Dec 20083618537.105.98$2,441
Nov 2008013255.496.86$906
Oct 20082436875.246.92$4,353
Sep 200823359101.767.88$5,168
Aug 200822234114.228.48$4,498
Jul 200813233131.0811.39$4,358
Jun 200812271131.3313.03$5,108
May 200810630123.1711.57$8,524
Apr 20082335110.3110.45$3,723
Mar 200819252101.909.66$4,371
Feb 20081460492.538.77$6,593
Jan 20081530790.388.21$3,875
Dec 20071319288.337.30$2,550
Nov 20071612891.677.29$2,400
Oct 20073017082.856.92$3,662
Sep 200715616575.846.24$12,861
Aug 200715817669.066.39$12,036
Jul 200723317970.906.39$17,663
Jun 200715615962.007.55$10,872
May 200722222758.747.85$14,821
Apr 200723218059.617.81$15,234
Mar 20073916956.927.30$3,454
Feb 2007020655.108.22$1,693
Jan 20073615750.306.73$2,867
Dec 20063514756.656.92$3,000
Nov 20061928854.207.62$3,224
Oct 20065726854.906.01$4,741
Sep 20063525760.085.04$3,397
Aug 20063730368.717.34$4,766
Jul 20065912869.376.34$4,905
Jun 20064029066.286.38$4,503
May 20064130466.016.42$4,660
Apr 2006805964.397.36$5,585
Mar 200609256.707.08$652
Feb 20069225757.597.75$7,290
Jan 200610042560.598.93$9,856
Dec 20055347054.9413.42$9,217
Nov 20059932854.6910.59$8,887
Oct 20058737858.3413.80$10,290
Sep 200510841861.4512.08$11,686
Aug 200515140661.519.80$13,266
Jul 200515841455.697.84$12,046
Jun 20051585552.337.38$8,674
May 20058111945.226.65$4,454
Apr 200586049.207.36$4,231
Mar 20053911250.377.15$2,766
Feb 20054013245.226.31$2,642
Jan 20053912043.166.32$2,442
Dec 20044113839.866.75$2,566
Nov 20044029345.286.33$3,666
Oct 20044029749.706.52$3,923
Sep 20043930143.245.28$3,277
Aug 20043836842.375.55$3,653
Jul 20043940338.286.08$3,945
Jun 20044030636.106.43$3,413
May 20043930737.486.49$3,456
Apr 20047815034.475.86$3,567
Mar 20047963034.365.53$6,198
Feb 200412160232.455.51$7,243
Jan 20048032132.036.30$4,585
Dec 200312117230.266.30$4,745
Nov 200312028328.804.60$4,756
Oct 200311930328.174.76$4,794
Sep 200311945126.314.75$5,273
Aug 200315739029.765.13$6,673
Jul 200323637629.415.17$8,885
Jun 200319747828.565.98$8,486
May 200323753126.595.97$9,473
Apr 200322938526.675.41$8,189
Mar 200323848231.146.10$10,350
Feb 200312336233.487.93$6,987
Jan 200316150530.315.58$7,699
Dec 200215422826.914.85$5,251
Nov 200219825224.664.14$5,925
Oct 200231226926.464.23$9,393
Sep 200231431927.443.64$9,776
Aug 200223514825.963.16$6,569
Jul 2002197024.583.06$4,842
Jun 200219318323.733.34$5,191
May 20027715224.663.58$2,444
Apr 2002788923.653.51$2,157
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010916.932.36$21
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 200108124.873.05$247
Jul 2001013423.933.20$428
Jun 200102424.563.82$92
May 20010025.524.31$0
Apr 200103124.685.34$165
Mar 20012211224.545.38$1,142
Feb 200108927.755.77$513
Jan 20013411927.478.40$1,933
Dec 200005226.889.12$474
Nov 2000013532.215.66$764
Oct 2000011131.235.15$571
Sep 2000012031.875.19$622
Aug 2000015929.644.54$722
Jul 2000010828.534.09$442
Jun 2000012629.304.40$554
May 2000020927.263.68$769
Apr 2000025024.513.12$779
Mar 2000026728.422.86$764
Feb 20002130727.622.73$1,417
Jan 20002629525.272.48$1,389
Dec 19996527224.282.42$2,237
Nov 19994933623.192.43$1,954
Oct 19993131220.982.80$1,525
Sep 1999028921.752.62$757
Aug 1999032319.262.88$929
Jul 19994333217.892.37$1,557
Jun 1999037215.942.36$879
May 19997641615.792.32$2,166
Apr 1999037615.102.21$830
Mar 19997439912.471.84$1,656
Feb 199902799.981.82$507
Jan 1999022110.381.90$420
Dec 199802149.201.77$379
Nov 1998025610.892.19$560
Oct 1998025712.421.97$506
Sep 19982224512.592.08$787
Aug 1998032111.301.91$612
Jul 19985545411.742.24$1,661
Jun 19986841111.242.24$1,684
May 19987847412.622.21$2,030
Apr 199814851213.042.51$3,213
Mar 199814951012.802.31$3,085
Feb 199815345813.952.30$3,187
Jan 199822350614.702.15$4,368
Dec 199726442116.322.41$5,324
Nov 19977526018.193.09$2,167
Oct 19978332819.253.15$2,631
Sep 199711825417.742.95$2,844
Aug 199716239417.862.55$3,900
Jul 199720250417.582.25$4,684
Jun 199712537117.242.26$2,992
May 199720646218.972.31$4,974
Apr 199720439117.882.08$4,462
Mar 199719145318.951.94$4,498
Feb 199715040020.492.21$3,956
Jan 199720350023.483.54$6,536
Dec 199620141423.32$4,687
Nov 199624644521.97$5,405
Oct 199641544923.31$9,674
Sep 199628654922.22$6,355
Aug 199636264620.26$7,334
Jul 199632262119.55$6,295
Jun 199628461818.73$5,319
May 199628360419.43$5,499
Apr 199632854021.51$7,055
Mar 199632772319.38$6,337
Feb 199632770316.98$5,552
Jan 199637884017.07$6,452
Dec 199528669217.19$4,916
Nov 199545583216.00$7,280
Oct 199549388015.43$7,607
Sep 199511390316.18$1,828
Aug 19958883215.92$1,401
Jul 199510182115.24$1,539
Jun 19958675416.41$1,411
May 199511675617.56$2,037
Apr 19951241,12417.73$2,199
Mar 199510736116.44$1,759
Feb 199510130216.58$1,675
Jan 199510739215.92$1,703
Dec 199413442115.03$2,014
Nov 199411447515.90$1,813
Oct 199415249715.58$2,368
Sep 19948549715.29$1,300
Aug 19949549816.13$1,532
Jul 19949449317.56$1,651
Jun 199410253917.09$1,743
May 19949638515.88$1,524
Apr 19947440314.14$1,046
Mar 19949158612.46$1,134
Feb 19949256712.50$1,150
Jan 19948251212.66$1,038
Dec 199310959612.33$1,344
Nov 19937654014.49$1,101
Oct 19936854515.85$1,078
Sep 199310855715.03$1,623
Aug 199313364015.66$2,083
Jul 199313268415.46$2,041
Jun 199312047916.79$2,015
May 199310635417.68$1,874
Apr 199314240318.05$2,563
Mar 199310339318.14$1,868
Feb 19938824017.90$1,575
Jan 19939122416.93$1,541

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.

Nov 2018 — as filed, then multipliedworked
Oil                   48 bbl  × $ 52.93 =     $2,541
Casinghead gas         0 Mcf  × $  4.24 =         $0

────────────────────────────────────────────────────
Month total                                   $2,541

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/1231 is the state's own key, not one this site invented.