MAGIC

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 1320District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.1 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
NGPA2none

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
OilDisposition28,797 bbl$1,347,290
Casinghead gasProduction157,786 Mcf$713,210
Total$2,060,500

17,582 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 (4)

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 35.6876, -101.3169. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

35.68797, -101.31749 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
3,103 ft
1 wells filed one
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.
4100.0%

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

The one well that filed a depth was drilled to 3,103 ft.

Completions filed
Oct 1957
1 of 4 wells; 3 filed none

4 wells

42-233840246
42-23384088B 1
42-23384089B 2
42-2330145423,103 ftOct 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 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 2019128046.033.23$5,892
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
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 20180061.222.79$0
Feb 20180061.782.77$0
Jan 2018018662.874.01$746
Dec 2017018657.272.92$543
Nov 2017012755.423.12$396
Oct 201706249.292.98$185
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 2017187046.772.98$8,746
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 201607627.352.36$180
Dec 201516627132.362.00$5,914
Nov 2015024538.792.17$531
Oct 201516628743.552.43$7,926
Sep 201516536142.992.76$8,089
Aug 2015049340.162.87$1,416
Jul 2015033048.152.95$972
Jun 201516032456.152.88$9,918
May 201516068055.212.96$10,843
Apr 2015014349.822.71$387
Mar 201516323542.892.93$7,681
Feb 201516516344.662.98$7,854
Jan 20150043.433.10$0
Dec 201401754.693.59$61
Nov 20141653970.464.25$11,792
Oct 201416724578.303.90$14,032
Sep 2014058986.164.05$2,383
Aug 201425474089.394.04$25,691
Jul 201401,33896.564.18$5,592
Jun 201416680698.164.74$20,112
May 2014049894.734.73$2,354
Apr 201420029595.944.81$20,607
Mar 2014030195.895.06$1,522
Feb 201420415697.406.19$20,836
Jan 201416226290.404.86$15,918
Dec 2013043891.824.35$1,907
Nov 2013041188.853.74$1,536
Oct 2013038097.423.78$1,436
Sep 20130427104.113.72$1,587
Aug 20130484104.253.52$1,705
Jul 2013141376102.523.72$15,853
Jun 2013022594.403.93$885
May 201316129194.834.15$16,475
Apr 20137022493.964.28$7,537
Mar 201316429793.623.91$16,516
Feb 201309191.233.42$311
Jan 20130091.603.42$0
Dec 201209786.773.42$332
Nov 20121621486.953.62$14,137
Oct 2012053089.383.40$1,802
Sep 201216556394.672.92$17,264
Aug 201216058792.662.91$16,533
Jul 2012048785.133.02$1,471
Jun 201216255079.822.52$14,316
May 2012025291.612.49$627
Apr 2012163206101.652.00$16,980
Mar 20120492105.052.22$1,093
Feb 20120450101.102.57$1,157
Jan 201214047198.092.73$15,020
Dec 201115131496.873.24$15,645
Nov 2011039395.723.31$1,301
Oct 201116758484.983.65$16,322
Sep 2011050583.623.99$2,013
Aug 201116539683.404.15$15,404
Jul 201116538594.144.52$17,272
Jun 2011022792.904.64$1,053
May 201116447998.134.40$18,203
Apr 201116137105.964.33$17,220
Mar 201116017896.364.06$16,140
Feb 2011045485.644.18$1,898
Jan 201114539686.504.59$14,360
Dec 20101595885.734.35$13,883
Nov 20100080.843.80$0
Oct 20101635878.103.51$12,934
Sep 20100772.633.98$28
Aug 20101646173.684.42$12,353
Jul 2010166072.554.74$12,043
Jun 2010015170.364.91$741
May 201032946571.124.24$25,368
Apr 2010043181.694.12$1,777
Mar 201016347678.394.39$14,867
Feb 2010021173.585.44$1,148
Jan 2010023874.365.96$1,419
Dec 2009020071.445.48$1,097
Nov 200916246574.593.75$13,828
Oct 200916444072.544.11$13,705
Sep 2009037265.543.06$1,140
Aug 200917150067.423.22$13,138
Jul 2009016861.133.46$582
Jun 200916720566.163.90$11,847
May 200916629954.743.93$10,261
Apr 200916832846.773.59$9,034
Mar 200915655742.144.06$8,835
Feb 2009065132.814.63$3,016
Jan 200916754835.865.37$8,932
Dec 2008072837.105.98$4,351
Nov 20081651,85155.496.86$21,854
Oct 20081661,46975.246.92$22,658
Sep 2008168837101.767.88$23,689
Aug 20080493114.228.48$4,182
Jul 2008163657131.0811.39$28,849
Jun 200801,343131.3313.03$17,503
May 20081631,641123.1711.57$39,070
Apr 2008165442110.3110.45$22,822
Mar 20080641101.909.66$6,195
Feb 200817090792.538.77$23,685
Jan 20081761,10490.388.21$24,966
Dec 2007076588.337.30$5,586
Nov 200716472191.677.29$20,291
Oct 2007071182.856.92$4,922
Sep 200716366075.846.24$16,483
Aug 200716648869.066.39$14,581
Jul 200702,01270.906.39$12,853
Jun 20071651,48262.007.55$21,417
May 20071651,02458.747.85$17,727
Apr 200716347159.617.81$13,393
Mar 200716332556.927.30$11,651
Feb 2007073255.108.22$6,014
Jan 200715969450.306.73$12,666
Dec 2006063156.656.92$4,366
Nov 2006048854.207.62$3,717
Oct 200616548354.906.01$11,963
Sep 2006050660.085.04$2,549
Aug 200616467468.717.34$16,216
Jul 200616358669.376.34$15,024
Jun 20060066.286.38$0
May 200615969566.016.42$14,961
Apr 2006046364.397.36$3,408
Mar 200616530256.707.08$11,495
Feb 20067449057.597.75$8,060
Jan 200616163660.598.93$15,437
Dec 20058771554.9413.42$14,372
Nov 200524163054.6910.59$19,851
Oct 2005054258.3413.80$7,477
Sep 200516727661.4512.08$13,596
Aug 200516569061.519.80$16,909
Jul 200516670055.697.84$14,735
Jun 2005064552.337.38$4,761
May 200519067845.226.65$13,101
Apr 200518065649.207.36$13,684
Mar 2005070950.377.15$5,073
Feb 200531859645.226.31$18,142
Jan 2005047143.166.32$2,978
Dec 200416758339.866.75$10,593
Nov 2004064445.286.33$4,077
Oct 200412680549.706.52$11,507
Sep 200415385443.245.28$11,128
Aug 200415265442.375.55$10,070
Jul 200424082938.286.08$14,231
Jun 200416397236.106.43$12,137
May 20041651,01837.486.49$12,796
Apr 2004070834.475.86$4,148
Mar 200414562534.365.53$8,439
Feb 200431765432.455.51$13,890
Jan 200416480132.036.30$10,299
Dec 200316190330.266.30$10,562
Nov 2003089928.804.60$4,131
Oct 200316191428.174.76$8,886
Sep 20031651,02526.314.75$9,209
Aug 200316195829.765.13$9,706
Jul 200315782829.415.17$8,899
Jun 20031641,00828.565.98$10,715
May 20031641,02826.595.97$10,501
Apr 200316375826.675.41$8,446
Mar 20033211,20431.146.10$17,336
Feb 20031641,03433.487.93$13,686
Jan 20031591,09130.315.58$10,909
Dec 200215694126.914.85$8,765
Nov 200216797024.664.14$8,131
Oct 20021321,09426.464.23$8,119
Sep 20021641,27627.443.64$9,139
Aug 20021611,37525.963.16$8,530
Jul 20021621,12924.583.06$7,439
Jun 20021671,05223.733.34$7,475
May 200216698624.663.58$7,627
Apr 200216488823.653.51$6,998
Mar 200216897722.003.10$6,727
Feb 200216790418.222.38$5,190
Jan 200216293617.172.38$5,005
Dec 2001091316.932.36$2,159
Nov 20013121,05018.072.41$8,164
Oct 20011621,18719.782.53$6,206
Sep 20011641,20424.262.25$6,689
Aug 20013221,27524.873.05$11,901
Jul 20011661,23523.933.20$7,921
Jun 20013351,28224.563.82$13,130
May 20011701,12325.524.31$9,176
Apr 200116791724.685.34$9,014
Mar 20013241,24224.545.38$14,629
Feb 2001090127.755.77$5,196
Jan 200132271627.478.40$14,859
Dec 200001,18526.889.12$10,810
Nov 200016085532.215.66$9,991
Oct 20001641,35931.235.15$12,114
Sep 20001631,37631.875.19$12,331
Aug 20003301,49729.644.54$16,579
Jul 20001661,53128.534.09$10,997
Jun 20003301,46729.304.40$16,120
May 20001631,65527.263.68$10,533
Apr 20003231,54924.513.12$12,743
Mar 20003741,52428.422.86$14,987
Feb 2000921,38927.622.73$6,328
Jan 20001701,11525.272.48$7,062
Dec 1999087224.282.42$2,113
Nov 199918053423.192.43$5,474
Oct 1999036920.982.80$1,035
Sep 1999044921.752.62$1,176
Aug 199918165319.262.88$5,364
Jul 1999080017.892.37$1,898
Jun 1999078515.942.36$1,854
May 199901915.792.32$44
Apr 1999187015.102.21$2,824
Mar 19990012.471.84$0
Feb 199904499.981.82$816
Jan 1999066510.381.90$1,263
Dec 19981792,9499.201.77$6,876
Nov 19980010.892.19$0
Oct 199817654812.421.97$3,265
Sep 199809012.592.08$187
Aug 199806311.301.91$120
Jul 199816053711.742.24$3,080
Jun 1998027511.242.24$615
May 19981391112.622.21$1,778
Apr 199809013.042.51$225
Mar 199812017412.802.31$1,938
Feb 199808013.952.30$184
Jan 199805714.702.15$123
Dec 199713913616.322.41$2,596
Nov 1997017818.193.09$550
Oct 1997024219.253.15$762
Sep 199715824117.742.95$3,515
Aug 1997024217.862.55$618
Jul 199712120617.582.25$2,590
Jun 1997023817.242.26$537
May 1997022618.972.31$522
Apr 199714520317.882.08$3,015
Mar 1997027718.951.94$537
Feb 19971206520.492.21$2,602
Jan 1997011423.483.54$404
Dec 1996029523.32$0
Nov 199614725921.97$3,230
Oct 1996027523.31$0
Sep 199612030322.22$2,666
Aug 1996033820.26$0
Jul 1996030019.55$0
Jun 199614128818.73$2,641
May 1996032719.43$0
Apr 199614227821.51$3,054
Mar 1996027519.38$0
Feb 199614538816.98$2,462
Jan 1996065617.07$0
Dec 1995025317.19$0
Nov 199516632816.00$2,656
Oct 199513138015.43$2,021
Sep 1995065716.18$0
Aug 1995050615.92$0
Jul 199516664715.24$2,530
Jun 1995058316.41$0
May 199514153817.56$2,476
Apr 1995052717.73$0
Mar 1995043616.44$0
Feb 199518232816.58$3,018
Jan 1995025115.92$0
Dec 199418230715.03$2,735
Nov 1994028215.90$0
Oct 1994028915.58$0
Sep 19948233315.29$1,254
Aug 19941898016.13$3,049
Jul 19940117.56$0
Jun 19940117.09$0
May 1994010215.88$0
Apr 199414622714.14$2,064
Mar 19940112.46$0
Feb 199402412.50$0
Jan 199414425812.66$1,823
Dec 1993062712.33$0
Nov 1993053614.49$0
Oct 199314359415.85$2,267
Sep 1993055715.03$0
Aug 199316664315.66$2,600
Jul 1993041315.46$0
Jun 199315346416.79$2,569
May 199316366017.68$2,882
Apr 1993054618.05$0
Mar 199317842818.14$3,229
Feb 1993027417.90$0
Jan 1993051916.93$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.

Jan 2019 — as filed, then multipliedworked
Oil                  128 bbl  × $ 46.03 =     $5,892
Casinghead gas         0 Mcf  × $  3.23 =         $0

────────────────────────────────────────────────────
Month total                                   $5,892

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/1320 is the state's own key, not one this site invented.