STANSBERRY

Operated by LARGE OPERATING LLC (P-5 486623) 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 1241District 10Field 68887001OilCasinghead gasSaveExport
Value, all time
$5.9 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.

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
OilDisposition147,082 bbl$5,302,982
Casinghead gasProduction189,861 Mcf$607,670
Total$5,910,653

51,542 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 (29)

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 35.7850, -101.3565. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

35.78418, -101.35536 · 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
37.9%
11 of 29 wells
With a plug date
34.5%
10 of 29 wells
Median depth
2,939 ft
17 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1137.9%
A plug date is filed
1034.5%
BothOn the schedule and plugged. Neither fact cancels the other.
1034.5%
NeitherNo plug date, and not on the schedule.
1862.1%

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

Total depth in feet, 17 of 29 wells. Median 2,939 ft, with the middle half between 2,881 and 3,026 ft; the shallowest is 2,813 ft and the deepest 3,137 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 6 of 29 wells, Mar 1957 – Dec 1991. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Mar 1957 – Dec 1991
6 of 29 wells; 23 filed none
Plug dates filed
Sep 1969 – Mar 2011
10 of 29 wells; 19 filed none

29 wells

42-23300718242,895 ftMar 2011Yes
42-23305665142,920 ftFeb 2011Yes
42-2330566817W2,813 ftSep 1969Yes
42-2330567526W2,939 ftDec 2001Yes
42-23311911132,881 ftOct 1992Yes
42-233835894W2,846 ftOct 1992Yes
42-233835905WSYes
42-2338359173,065 ftSep 1981Yes
42-23383604312,940 ftNov 2010Yes
42-23383605322,844 ftOct 1981Yes
42-23383607342,816 ftSep 1981Yes
42-23305674232,922 ft
42-233835871
42-233835882
42-233835928
42-233835939
42-2338359411
42-2338359512
42-2338360228
42-2338360330
42-2338360633
42-2338360835
42-2338360936
42-23332472443,010 ftDec 1991
42-2333244041A3,125 ftDec 1990
42-23332437403,137 ftDec 1990
42-23332390393,026 ftOct 1989
42-23332323383,128 ftMar 1988
42-2338360025W2,962 ftMar 1957

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 202242094.529.13$3,970
Jul 20220498101.587.54$3,756
Jun 20220502115.097.98$4,005
May 202289397109.378.43$13,082
Apr 20220239104.226.84$1,634
Mar 202263259108.885.08$8,174
Feb 20227922291.054.86$8,272
Jan 2022023781.844.54$1,075
Dec 2021025771.323.90$1,002
Nov 20213324377.435.24$3,828
Oct 20213017679.795.71$3,399
Sep 202110920669.865.35$8,717
Aug 2021023066.024.22$971
Jul 2021014370.783.98$569
Jun 20216555069.493.38$6,376
May 202115983563.483.02$12,613
Apr 2021079860.362.76$2,201
Mar 2021064461.302.72$1,750
Feb 2021019657.805.55$1,087
Jan 20214129950.412.81$2,907
Dec 20208928044.642.68$4,722
Nov 2020019838.772.71$536
Oct 202012126536.972.48$5,130
Sep 202004337.091.99$86
Aug 2020012639.982.39$301
Jul 20205915738.371.83$2,550
Jun 20209129134.901.69$3,668
May 202016120916.921.81$3,103
Apr 2020030214.751.80$545
Mar 202014434230.341.86$5,004
Feb 202014666649.881.98$8,602
Jan 202021684857.252.09$14,142
Dec 2019051959.012.30$1,196
Nov 2019049855.302.75$1,370
Oct 2019045753.472.42$1,105
Sep 2019086255.052.66$2,291
Aug 2019070553.112.30$1,625
Jul 201916928456.272.46$10,208
Jun 2019021252.782.49$528
May 2019023158.482.74$633
Apr 2019024062.632.75$660
Mar 2019032056.803.06$980
Feb 20190050.852.79$0
Jan 2019012946.033.23$416
Dec 2018017546.594.19$732
Nov 2018031652.934.24$1,339
Oct 2018017661.443.40$598
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 201805360.183.08$163
May 201802365.382.90$67
Apr 201801963.842.90$55
Mar 201802161.222.79$59
Feb 201801361.782.77$36
Jan 201801462.874.01$56
Dec 201701557.272.92$44
Nov 201702255.423.12$69
Oct 201701749.292.98$51
Sep 201702847.523.09$86
Aug 201701745.373.00$51
Jul 2017011243.873.09$346
Jun 20179721642.493.09$4,788
May 2017011945.373.26$388
Apr 201707747.933.21$247
Mar 201701446.772.98$42
Feb 201703750.452.95$109
Jan 201707149.413.42$243
Dec 201604348.763.72$160
Nov 20160042.492.64$0
Oct 20160746.193.09$22
Sep 201606141.553.10$189
Aug 2016014641.442.92$427
Jul 201604341.622.92$126
Jun 2016014245.352.69$381
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016039526.472.06$815
Jan 2016043727.352.36$1,033
Dec 2015038832.362.00$777
Nov 2015050238.792.17$1,088
Oct 2015059943.552.43$1,454
Sep 2015043942.992.76$1,211
Aug 2015031040.162.87$890
Jul 2015018448.152.95$542
Jun 2015016256.152.88$467
May 20151687255.212.96$9,488
Apr 201513049.822.71$648
Mar 20152208842.892.93$9,694
Feb 201515129344.662.98$7,616
Jan 2015025843.433.10$800
Dec 201415934054.693.59$9,917
Nov 201417039670.464.25$13,662
Oct 201433930078.303.90$27,714
Sep 201434242786.164.05$31,194
Aug 201418129389.394.04$17,362
Jul 201418532196.564.18$19,205
Jun 201418328998.164.74$19,332
May 201417123594.734.73$17,310
Apr 201433126495.944.81$33,026
Mar 201432636395.895.06$33,096
Feb 201417433097.406.19$18,991
Jan 201434936990.404.86$33,343
Dec 201316937891.824.35$17,164
Nov 201333225688.853.74$30,455
Oct 201318232397.423.78$18,951
Sep 2013175275104.113.72$19,242
Aug 2013181148104.253.52$19,391
Jul 2013371378102.523.72$39,440
Jun 201318835394.403.93$19,136
May 201336835994.834.15$36,387
Apr 201333933993.964.28$33,304
Mar 201353047293.623.91$51,465
Feb 201313030691.233.42$12,906
Jan 201315550891.603.42$15,935
Dec 201216623986.773.42$15,221
Nov 201236635086.953.62$33,092
Oct 201237181289.383.40$35,921
Sep 201218797894.672.92$20,557
Aug 201218474192.662.91$19,204
Jul 201237345485.133.02$33,125
Jun 201237236079.822.52$30,600
May 201218427691.612.49$17,543
Apr 2012363413101.652.00$37,724
Mar 2012362943105.052.22$40,124
Feb 2012531636101.102.57$55,319
Jan 201234464898.092.73$35,515
Dec 201133158796.873.24$33,966
Nov 201118143495.723.31$18,762
Oct 20113701,10684.983.65$35,478
Sep 20113681,05183.623.99$34,961
Aug 20113641,34283.404.15$35,926
Jul 201136672094.144.52$37,708
Jun 2011547992.904.64$50,858
May 2011364098.134.40$35,719
Apr 20111800105.964.33$19,073
Mar 2011349096.364.06$33,630
Feb 2011170085.644.18$14,559
Jan 201133929986.504.59$30,696
Dec 201035841185.734.35$32,478
Nov 201017935080.843.80$15,799
Oct 201036636578.103.51$29,865
Sep 201018318672.633.98$14,031
Aug 201018130373.684.42$14,675
Jul 201036921172.554.74$27,770
Jun 201018042770.364.91$14,762
May 201036343271.124.24$27,646
Apr 201034442981.694.12$29,870
Mar 201035243178.394.39$29,485
Feb 201017241573.585.44$14,914
Jan 201034944274.365.96$28,588
Dec 200934736871.445.48$26,808
Nov 200934447674.593.75$27,445
Oct 200953751772.544.11$41,079
Sep 200935841565.543.06$24,735
Aug 200936145667.423.22$25,806
Jul 200936246461.133.46$23,737
Jun 200936047166.163.90$25,652
May 200936548154.743.93$21,868
Apr 200936446646.773.59$18,696
Mar 200934745042.144.06$16,449
Feb 200934037732.814.63$12,902
Jan 200949645735.865.37$20,241
Dec 200835122037.105.98$14,337
Nov 200835252255.496.86$23,114
Oct 200835944075.246.92$30,057
Sep 2008534500101.767.88$58,278
Aug 2008186432114.228.48$24,910
Jul 2008532523131.0811.39$75,691
Jun 2008356302131.3313.03$50,689
May 2008541552123.1711.57$73,024
Apr 2008542434110.3110.45$64,325
Mar 2008527423101.909.66$57,789
Feb 200817480592.538.77$23,161
Jan 200818352390.388.21$20,831
Dec 200734851988.337.30$34,529
Nov 200736053891.677.29$36,924
Oct 200753960782.856.92$48,858
Sep 200717846075.846.24$16,372
Aug 200753257369.066.39$40,400
Jul 200735259570.906.39$28,758
Jun 200734654862.007.55$25,589
May 200736143658.747.85$24,626
Apr 200734422459.617.81$22,254
Mar 200751654656.927.30$33,358
Feb 200734646355.108.22$22,869
Jan 200735241250.306.73$20,477
Dec 200636348656.656.92$23,926
Nov 200636055054.207.62$23,702
Oct 200652554754.906.01$32,112
Sep 200634376760.085.04$24,471
Aug 200635554368.717.34$28,378
Jul 200650358169.376.34$38,578
Jun 200636072866.286.38$28,508
May 200636155066.016.42$27,363
Apr 2006528164.397.36$34,005
Mar 20065243156.707.08$29,930
Feb 200634743857.597.75$23,379
Jan 200635452860.598.93$26,166
Dec 200517849154.9413.42$16,366
Nov 200536249254.6910.59$25,007
Oct 200554254858.3413.80$39,180
Sep 200535619661.4512.08$24,244
Aug 200534748561.519.80$26,095
Jul 200535359255.697.84$24,302
Jun 200553454152.337.38$31,937
May 200535257145.226.65$19,715
Apr 200535452249.207.36$21,259
Mar 200534656250.377.15$21,449
Feb 200533944045.226.31$18,107
Jan 200534253143.166.32$18,118
Dec 200433850639.866.75$16,889
Nov 200453452545.286.33$27,503
Oct 200417956249.706.52$12,558
Sep 200435853143.245.28$18,286
Aug 200435858942.375.55$18,438
Jul 200435460638.286.08$17,238
Jun 200435656636.106.43$16,493
May 200452453637.486.49$23,121
Apr 200434442234.475.86$14,330
Mar 200434052234.365.53$14,569
Feb 200452051432.455.51$19,706
Jan 200416824832.036.30$6,943
Dec 200352650230.266.30$19,080
Nov 200335154828.804.60$12,627
Oct 200354358828.174.76$18,095
Sep 200335359226.314.75$12,099
Aug 200353463929.765.13$19,170
Jul 200353066129.415.17$19,005
Jun 200335764328.565.98$14,043
May 200353269626.595.97$18,303
Apr 200335664326.675.41$12,971
Mar 200352967131.146.10$20,564
Feb 200352859533.487.93$22,393
Jan 200335434130.315.58$12,633
Dec 200252161626.914.85$17,010
Nov 200234956524.664.14$10,944
Oct 200251023326.464.23$14,480
Sep 200253167727.443.64$17,032
Aug 200253165225.963.16$15,848
Jul 200235161424.583.06$10,508
Jun 200253874823.733.34$15,264
May 200236071924.663.58$11,455
Apr 20025333123.653.51$12,714
Mar 200270575922.003.10$17,865
Feb 200235567518.222.38$8,072
Jan 200252472117.172.38$10,710
Dec 200135528016.932.36$6,672
Nov 200136274718.072.41$8,338
Oct 200173175719.782.53$16,374
Sep 200154275724.262.25$14,853
Aug 20017306424.873.05$18,351
Jul 200155776523.933.20$15,775
Jun 200156678224.563.82$16,891
May 200175082625.524.31$22,698
Apr 200155769124.685.34$17,433
Mar 200155479524.545.38$17,869
Feb 200172966027.755.77$24,036
Jan 200154976627.478.40$21,514
Dec 200036579526.889.12$17,064
Nov 200073088832.215.66$28,538
Oct 200053182431.235.15$20,823
Sep 200067378631.875.19$25,525
Aug 200033475429.644.54$13,323
Jul 200067270028.534.09$22,035
Jun 200033658529.304.40$12,417
May 20006941,24427.263.68$23,496
Apr 200068866524.513.12$18,935
Mar 200033737128.422.86$10,639
Feb 200067066727.622.73$20,324
Jan 200034372825.272.48$10,473
Dec 199934363224.282.42$9,860
Nov 199967950523.192.43$16,975
Oct 199933358220.982.80$8,618
Sep 199968461121.752.62$16,477
Aug 199934588719.262.88$9,195
Jul 199968574717.892.37$14,027
Jun 199971677315.942.36$13,239
May 1999020815.792.32$483
Apr 199972553315.102.21$12,124
Mar 199935981112.471.84$5,968
Feb 19993627149.981.82$4,911
Jan 199968675510.381.90$8,555
Dec 19986818169.201.77$7,712
Nov 199836080210.892.19$5,673
Oct 199871790012.421.97$10,677
Sep 199872692412.592.08$11,065
Aug 199871997011.301.91$9,975
Jul 19981,07597811.742.24$14,809
Jun 199836084311.242.24$5,932
May 199832263712.622.21$5,469
Apr 19981,03982413.042.51$15,613
Mar 199836173912.802.31$6,327
Feb 199870756213.952.30$11,155
Jan 199871269914.702.15$11,973
Dec 199771384216.322.41$13,666
Nov 199771783018.193.09$15,605
Oct 199772784819.253.15$16,666
Sep 199772365217.742.95$14,753
Aug 199771985317.862.55$15,021
Jul 199771571117.582.25$14,167
Jun 19971,01088417.242.26$19,408
May 19971,05455718.972.31$21,280
Apr 199769662117.882.08$13,738
Mar 199769558418.951.94$14,303
Feb 199767475220.492.21$15,469
Jan 199768880323.483.54$18,997
Dec 19961,06576623.32$24,836
Nov 199635578321.97$7,799
Oct 199672090623.31$16,783
Sep 199671787522.22$15,932
Aug 19967221,10420.26$14,628
Jul 19961,0461,14319.55$20,449
Jun 19967201,13518.73$13,486
May 19967171,12219.43$13,931
Apr 19961,06189321.51$22,822
Mar 19961,08397919.38$20,989
Feb 199671379816.98$12,107
Jan 199672161617.07$12,307
Dec 19951,43888817.19$24,719
Nov 19957131,02316.00$11,408
Oct 19951,08892515.43$16,788
Sep 199571792716.18$11,601
Aug 19951,0041,04815.92$15,984
Jul 19959111,08215.24$13,884
Jun 19951,0651,03416.41$17,477
May 19951,07797517.56$18,912
Apr 19957291,12717.73$12,925
Mar 19951,7701,07916.44$29,099
Feb 19951,0831,03616.58$17,956
Jan 19951,0811,04315.92$17,210
Dec 19941,0861,11215.03$16,323
Nov 19941,0901,07215.90$17,331
Oct 19941,0981,12215.58$17,107
Sep 19941,0981,10815.29$16,788
Aug 19941,4631,32916.13$23,598
Jul 19941,4611,15917.56$25,655
Jun 19941,4571,31217.09$24,900
May 19947221,28315.88$11,465
Apr 19941,0751,17214.14$15,201
Mar 19941,4541,35012.46$18,117
Feb 19941,0821,23012.50$13,525
Jan 19941,7931,34812.66$22,699
Dec 19937351,29612.33$9,063
Nov 19931,4421,18314.49$20,895
Oct 19931,1051,21015.85$17,514
Sep 19931,8311,34915.03$27,520
Aug 19931,0941,32615.66$17,132
Jul 19931,0751,06315.46$16,620
Jun 19931,0841,16716.79$18,200
May 19931,4481,12617.68$25,601
Apr 19931,0931,13218.05$19,729
Mar 19931,8051,05418.14$32,743
Feb 19931,40198417.90$25,078
Jan 19931,08574816.93$18,369

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 2022 — as filed, then multipliedworked
Oil                   42 bbl  × $ 94.52 =     $3,970
Casinghead gas         0 Mcf  × $  9.13 =         $0

────────────────────────────────────────────────────
Month total                                   $3,970

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/1241 is the state's own key, not one this site invented.