LONG

Operated by RED LINE COMPANY, LTD. (P-5 697042) in the PANHANDLE CARSON COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 125District 10Field 68845001NGPA filingOilCasinghead gasSaveExport
Value, all time
$5.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$80 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 580 leases and 3,796 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil and gas
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 40 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
NGPA26none

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
OilDisposition102,343 bbl$3,826,650
Casinghead gasProduction445,390 Mcf$1,457,580
Total$5,284,230

104,233 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 35.6157, -101.2113. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

35.61547, -101.21155 · 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
34.5%
10 of 29 wells
With a plug date
34.5%
10 of 29 wells
Median depth
3,202 ft
13 wells filed one
Completion to plug
46.7 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
1034.5%
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.
1965.5%

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, 13 of 29 wells. Median 3,202 ft, with the middle half between 3,125 and 3,247 ft; the shallowest is 3,087 ft and the deepest 3,700 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, 10 of 29 wells, Jul 1956 – Sep 1984. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jul 1956 – Sep 1984
10 of 29 wells; 19 filed none
Plug dates filed
Apr 1970 – Dec 2024
10 of 29 wells; 19 filed none

Last completion to plug: a median of 46.7 years across the 5 wells that filed both dates, with the middle half between 41.8 years and 53.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

29 wells

42-0650039683,122 ftNov 1996Yes
42-065023674W3,087 ftSep 1982Yes
42-06502380143,202 ftOct 2003Yes
42-06502389243,242 ftOct 1994Yes
42-0650449413,170 ftApr 1970Yes
42-0650039319
42-0650039710
42-0650040012
42-0650040216
42-0650040317
42-0650040418
42-065023622
42-065023653
42-0650237813
42-0650238115
42-0650238620
42-0650238722
42-0650239025
42-0650239126
42-06502385213,250 ftSep 1984Aug 2002Yes
42-06500399113,112 ftJun 1984
42-0650059293,125 ftJun 1984
42-06530096303,247 ftJun 1973
42-0653005129Jul 1971
42-06530049283,250 ftMay 1971Dec 2024Yes
42-065023705Aug 1970
42-06530028273,700 ftApr 1970Dec 2016Yes
42-06502388233,221 ftFeb 1961Nov 2002Yes
42-0650039063,183 ftJul 1956Jul 2022Yes

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 20261740106.413.05$18,515
Apr 20260098.932.87$0
Mar 2026177089.753.15$15,886
Feb 20260063.503.75$0
Jan 2026190059.138.00$11,235
Dec 20250056.664.41$0
Nov 2025187058.593.93$10,956
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 2025187063.933.01$11,955
Jul 20250066.743.32$0
Jun 2025172066.483.13$11,435
May 20250060.553.23$0
Apr 2025186062.363.54$11,599
Mar 2025183067.704.27$12,389
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024183068.993.12$12,625
Nov 20240069.052.20$0
Oct 2024182071.372.28$12,989
Sep 20240069.612.36$0
Aug 2024164075.632.06$12,403
Jul 20240079.932.15$0
Jun 2024187078.082.63$14,601
May 20240078.812.20$0
Apr 2024170084.451.66$14,357
Mar 2024156080.301.55$12,527
Feb 202402876.091.78$50
Jan 202418521673.023.30$14,221
Dec 2023012671.262.61$329
Nov 202316339677.892.81$13,808
Oct 2023043285.443.09$1,334
Sep 202318530489.042.74$17,304
Aug 202305680.522.67$150
Jul 2023168074.852.64$12,575
Jun 2023023068.962.26$519
May 202318037070.622.23$13,536
Apr 2023030478.122.24$680
Mar 202318034372.852.39$13,934
Feb 2023171075.112.47$12,844
Jan 20230076.533.39$0
Dec 202219921776.415.73$16,449
Nov 202217550885.005.65$17,743
Oct 2022048087.185.86$2,815
Sep 20221806184.888.16$15,776
Aug 2022050294.529.13$4,582
Jul 2022183449101.587.54$21,976
Jun 20221680115.097.98$19,335
May 20220454109.378.43$3,829
Apr 20221740104.226.84$18,134
Mar 2022166212108.885.08$19,150
Feb 20220091.054.86$0
Jan 2022171081.844.54$13,995
Dec 202116521371.323.90$12,598
Nov 2021174077.435.24$13,473
Oct 2021188079.795.71$15,001
Sep 20210069.865.35$0
Aug 2021175066.024.22$11,554
Jul 20210070.783.98$0
Jun 2021167069.493.38$11,605
May 2021186363.483.02$11,816
Apr 20210060.362.76$0
Mar 2021181061.302.72$11,095
Feb 2021190057.805.55$10,982
Jan 20210050.412.81$0
Dec 2020170044.642.68$7,589
Nov 20200038.772.71$0
Oct 2020175036.972.48$6,470
Sep 20200037.091.99$0
Aug 2020182039.982.39$7,276
Jul 2020187038.371.83$7,175
Jun 2020174034.901.69$6,073
May 20201896516.921.81$3,316
Apr 202017822214.751.80$3,026
Mar 2020020430.341.86$379
Feb 202036219549.881.98$18,443
Jan 2020024557.252.09$513
Dec 201917826459.012.30$11,112
Nov 20191778655.302.75$10,025
Oct 2019019053.472.42$460
Sep 201917126955.052.66$10,128
Aug 201934330253.112.30$18,913
Jul 201917929956.272.46$10,808
Jun 201918131252.782.49$10,330
May 201918335258.482.74$11,666
Apr 201918742062.632.75$12,867
Mar 201937325856.803.06$21,976
Feb 201917413150.852.79$9,214
Jan 201955524946.033.23$26,350
Dec 201836226446.594.19$17,971
Nov 201855519752.934.24$30,211
Oct 201818318761.443.40$11,879
Sep 201818614359.543.11$11,519
Aug 201818133459.403.07$11,776
Jul 201817748565.142.93$12,952
Jun 201818839560.183.08$12,529
May 2018374065.382.90$24,452
Apr 2018181063.842.90$11,555
Mar 2018186061.222.79$11,387
Feb 2018347061.782.77$21,438
Jan 2018163062.874.01$10,248
Dec 201717324657.272.92$10,626
Nov 2017022055.423.12$686
Oct 201718042949.292.98$10,152
Sep 201717955747.523.09$10,226
Aug 201717952945.373.00$9,711
Jul 201717440943.873.09$8,896
Jun 201717717142.493.09$8,049
May 2017177545.373.26$8,047
Apr 2017176047.933.21$8,436
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 201401054.693.59$36
Nov 201417120770.464.25$12,929
Oct 2014040378.303.90$1,572
Sep 2014028186.164.05$1,137
Aug 2014025789.394.04$1,037
Jul 201417514396.564.18$17,496
Jun 2014036598.164.74$1,729
May 201418151194.734.73$19,561
Apr 201436924995.944.81$36,599
Mar 201418235095.895.06$19,222
Feb 201418132497.406.19$19,636
Jan 201417929390.404.86$17,606
Dec 2013027091.824.35$1,176
Nov 201317724388.853.74$16,635
Oct 2013059697.423.78$2,253
Sep 20130169104.113.72$628
Aug 2013141360104.253.52$15,967
Jul 20130589102.523.72$2,190
Jun 201316739094.403.93$17,299
May 2013018994.834.15$784
Apr 201315810693.964.28$15,300
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 201317221391.603.42$16,484
Dec 2012037086.773.42$1,265
Nov 201217534486.953.62$16,463
Oct 201217646289.383.40$17,302
Sep 2012036194.672.92$1,054
Aug 20121781,44592.662.91$20,696
Jul 201217670985.133.02$17,125
Jun 201235029279.822.52$28,673
May 2012026291.612.49$652
Apr 2012358644101.652.00$37,677
Mar 2012172526105.052.22$19,237
Feb 2012168460101.102.57$18,167
Jan 201251951998.092.73$52,328
Dec 2011042496.873.24$1,374
Nov 2011033995.723.31$1,123
Oct 201117333784.983.65$15,931
Sep 2011034783.623.99$1,383
Aug 201117527583.404.15$15,736
Jul 201117345894.144.52$18,355
Jun 201134843392.904.64$34,338
May 2011055798.134.40$2,453
Apr 20110491105.964.33$2,128
Mar 201133244296.364.06$33,785
Feb 2011060285.644.18$2,516
Jan 2011045186.504.59$2,070
Dec 201014651385.734.35$14,747
Nov 2010047480.843.80$1,799
Oct 201015652278.103.51$14,015
Sep 201036270772.633.98$29,106
Aug 201017189673.684.42$16,559
Jul 201035291872.554.74$29,886
Jun 201035698370.364.91$29,875
May 201017885471.124.24$16,276
Apr 201035962981.694.12$31,920
Mar 201017681478.394.39$17,369
Feb 2010050673.585.44$2,754
Jan 2010069674.365.96$4,151
Dec 200916948571.445.48$14,733
Nov 2009059074.593.75$2,213
Oct 2009084772.544.11$3,481
Sep 200917986965.543.06$14,395
Aug 200935533567.423.22$25,012
Jul 2009096461.133.46$3,340
Jun 200917797966.163.90$15,524
May 20091771,03254.743.93$13,740
Apr 20091781,08346.773.59$12,210
Mar 200915991942.144.06$10,430
Feb 200917780032.814.63$9,514
Jan 200935870935.865.37$16,646
Dec 20081821,01337.105.98$12,807
Nov 200835991555.496.86$26,198
Oct 2008088975.246.92$6,154
Sep 2008177948101.767.88$25,479
Aug 2008179812114.228.48$27,334
Jul 2008176549131.0811.39$29,323
Jun 20081771,288131.3313.03$40,031
May 2008180943123.1711.57$33,085
Apr 2008357997110.3110.45$49,804
Mar 20081831,060101.909.66$28,892
Feb 200836295192.538.77$41,837
Jan 200817887990.388.21$23,300
Dec 200718878688.337.30$22,345
Nov 200718369991.677.29$21,873
Oct 20071851,16982.856.92$23,419
Sep 200710192375.846.24$13,423
Aug 20072871,02869.066.39$26,387
Jul 200735978770.906.39$30,480
Jun 200717973362.007.55$16,631
May 200754591458.747.85$39,185
Apr 200718381259.617.81$17,246
Mar 20073681,00456.927.30$28,278
Feb 200718960455.108.22$15,376
Jan 200717965750.306.73$13,423
Dec 200618274356.656.92$15,451
Nov 200618263754.207.62$14,717
Oct 200632172654.906.01$21,989
Sep 200618284260.085.04$15,176
Aug 200617396868.717.34$18,992
Jul 2006099569.376.34$6,311
Jun 200617994866.286.38$17,916
May 200617986066.016.42$17,341
Apr 200617840564.397.36$14,442
Mar 200617753556.707.08$13,825
Feb 200618099757.597.75$18,094
Jan 20063661,47860.598.93$35,379
Dec 20051831,41354.9413.42$29,010
Nov 20051791,40354.6910.59$24,645
Oct 20051821,48058.3413.80$31,036
Sep 20053621,41261.4512.08$39,300
Aug 20051791,35561.519.80$24,285
Jul 20051801,65355.697.84$22,990
Jun 20053571,24452.337.38$27,864
May 20051801,01045.226.65$14,857
Apr 20055331,64749.207.36$38,346
Mar 20051622,11750.377.15$23,307
Feb 20051701,92445.226.31$19,832
Jan 20051761,52543.166.32$17,238
Dec 20041781,38339.866.75$16,432
Nov 20041751,69945.286.33$18,679
Oct 20043601,90449.706.52$30,297
Sep 20041651,98843.245.28$17,639
Aug 20041791,83442.375.55$17,764
Jul 20043561,67938.286.08$23,843
Jun 20043501,67736.106.43$23,423
May 200401,70137.486.49$11,047
Apr 20043511,69434.475.86$22,023
Mar 20041761,87534.365.53$16,416
Feb 20043511,51532.455.51$19,737
Jan 20043531,55832.036.30$21,121
Dec 20033491,09230.266.30$17,442
Nov 200301,28628.804.60$5,909
Oct 20033611,90128.174.76$19,217
Sep 20033571,92326.314.75$18,526
Aug 20031772,01029.765.13$15,578
Jul 20033551,77829.415.17$19,634
Jun 20031801,89928.565.98$16,502
May 20031792,53726.595.97$19,912
Apr 20033581,64526.675.41$18,443
Mar 20033441,74631.146.10$21,356
Feb 20031821,74233.487.93$19,900
Jan 20033451,98530.315.58$21,537
Dec 20021742,01226.914.85$14,448
Nov 20025431,95124.664.14$21,462
Oct 20021762,18926.464.23$13,915
Sep 20023581,92027.443.64$16,803
Aug 20023612,06625.963.16$15,909
Jul 20023612,34424.583.06$16,050
Jun 20025372,25823.733.34$20,281
May 20023531,62124.663.58$14,515
Apr 20021812,38923.653.51$12,672
Mar 20021772,26122.003.10$10,909
Feb 20023681,80318.222.38$10,988
Jan 20023581,71417.172.38$10,219
Dec 20013712,44616.932.36$12,064
Nov 20011792,25018.072.41$8,647
Oct 20013702,54419.782.53$13,752
Sep 20013662,67224.262.25$14,895
Aug 20015442,65724.873.05$21,642
Jul 20015443,07223.933.20$22,839
Jun 20015422,53524.563.82$23,006
May 20013862,44325.524.31$20,374
Apr 20013652,39124.685.34$21,765
Mar 20015412,88824.545.38$28,803
Feb 20013722,31327.755.77$23,662
Jan 20013682,23027.478.40$28,838
Dec 20001821,77826.889.12$21,112
Nov 20005542,71332.215.66$33,194
Oct 20003682,60631.235.15$24,902
Sep 20003643,01631.875.19$27,243
Aug 20005443,14429.644.54$30,400
Jul 20003623,03128.534.09$22,724
Jun 20005442,61829.304.40$27,451
May 20005523,03527.263.68$26,216
Apr 20005472,55324.513.12$21,362
Mar 20003672,69128.422.86$18,126
Feb 20005542,72927.622.73$22,742
Jan 20003672,76225.272.48$16,125
Dec 19993651,88124.282.42$13,421
Nov 19995522,91723.192.43$19,901
Oct 19993703,26120.982.80$16,906
Sep 19993672,85021.752.62$15,446
Aug 19993643,32119.262.88$16,561
Jul 19995483,18317.892.37$17,355
Jun 19993593,07215.942.36$12,979
May 19995403,31415.792.32$16,218
Apr 19993663,25115.102.21$12,705
Mar 19995492,89012.471.84$12,159
Feb 19993662,5899.981.82$8,359
Jan 19995342,65310.381.90$10,583
Dec 19983633,3329.201.77$9,248
Nov 19983673,23010.892.19$11,057
Oct 19985403,23912.421.97$13,085
Sep 19983543,22812.592.08$11,180
Aug 19985433,06711.301.91$11,986
Jul 19983643,34811.742.24$11,764
Jun 19987222,96711.242.24$14,753
May 19985403,39412.622.21$14,303
Apr 19985403,38613.042.51$15,525
Mar 19985493,27412.802.31$14,588
Feb 19985402,92313.952.30$14,253
Jan 19985363,09414.702.15$14,546
Dec 19977193,24816.322.41$19,565
Nov 19977372,13418.193.09$19,996
Oct 19973493,81119.253.15$18,722
Sep 19977233,01917.742.95$21,747
Aug 19973583,43017.862.55$15,157
Jul 19975423,64417.582.25$17,716
Jun 19975253,47617.242.26$16,897
May 19975483,98218.972.31$19,588
Apr 19977203,45317.882.08$20,065
Mar 19975553,27618.951.94$16,870
Feb 19977011,89820.492.21$18,550
Jan 19975472,01923.483.54$19,990
Dec 19967292,13123.32$17,000
Nov 19965462,08621.97$11,996
Oct 19963281,94623.31$7,646
Sep 19965452,17422.22$12,110
Aug 19965282,01720.26$10,697
Jul 19965212,34019.55$10,186
Jun 19965442,08418.73$10,189
May 19966381,87719.43$12,396
Apr 19969142,18421.51$19,660
Mar 19963612,10519.38$6,996
Feb 19967241,95416.98$12,294
Jan 19965081,96217.07$8,672
Dec 19955452,28917.19$9,369
Nov 19955412,16316.00$8,656
Oct 19957242,37915.43$11,171
Sep 19955312,50616.18$8,592
Aug 19955402,34215.92$8,597
Jul 19955332,42715.24$8,123
Jun 19957232,42816.41$11,864
May 19957322,41017.56$12,854
Apr 19957062,30217.73$12,517
Mar 19957312,26716.44$12,018
Feb 19957071,96416.58$11,722
Jan 19957202,15815.92$11,462
Dec 19947192,27315.03$10,807
Nov 19949132,19315.90$14,517
Oct 19947162,43115.58$11,155
Sep 19945462,15515.29$8,348
Aug 19945441,92716.13$8,775
Jul 19943601,21817.56$6,322
Jun 19945412,36517.09$9,246
May 19945422,34015.88$8,607
Apr 19943632,18814.14$5,133
Mar 19947222,18112.46$8,996
Feb 19943581,81712.50$4,475
Jan 19947261,90012.66$9,191
Dec 19935432,25012.33$6,695
Nov 19937211,99414.49$10,447
Oct 19931811,73615.85$2,869
Sep 19935422,38315.03$8,146
Aug 19935392,43915.66$8,441
Jul 19935402,45915.46$8,348
Jun 19935402,38816.79$9,067
May 19937202,21717.68$12,730
Apr 19933652,31218.05$6,588
Mar 19933612,29018.14$6,549
Feb 19935451,95417.90$9,756
Jan 19935372,32816.93$9,091

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                  174 bbl  × $106.41 =    $18,515
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $18,515

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/125 is the state's own key, not one this site invented.