EDES

Operated by EXXCEL PRODUCTION COMPANY (P-5 257092) in the PANHANDLE WHEELER COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1408District 10Field 68929001NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$71 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 250 leases and 1,082 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
NGPA1none

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
OilDisposition49,143 bbl$2,169,420
Casinghead gasProduction108,127 Mcf$359,032
Total$2,528,452

23,397 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 35.3623, -100.5052. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

35.36212, -100.50529 · 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
42.9%
3 of 7 wells
With a plug date
42.9%
3 of 7 wells
Median depth
2,553 ft
7 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

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

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

Between 2,540 and 2,853 ft, median 2,553 ft, over the 7 wells that filed a depth.

Completions filed
Feb 1987
1 of 7 wells; 6 filed none
Plug dates filed
Apr 1975 – May 1975
3 of 7 wells; 4 filed none

7 wells

42-4830136562,572 ftMay 1975Yes
42-4830248042,553 ftApr 1975Yes
42-4830248152,575 ftMay 1975Yes
42-4830132512,540 ft
42-4830132922,552 ft
42-4830134032,550 ft
42-4833128872,853 ftFeb 1987

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 2026174210106.413.05$19,155
Apr 2026020998.932.87$600
Mar 2026174089.753.15$15,617
Feb 2026025563.503.75$956
Jan 20260059.138.00$0
Dec 2025161456.664.41$9,140
Nov 2025031658.593.93$1,241
Oct 2025028559.383.30$942
Sep 202516529562.743.08$11,260
Aug 20250663.933.01$18
Jul 2025171566.743.32$11,429
Jun 2025032466.483.13$1,014
May 2025030660.553.23$989
Apr 202516528462.363.54$11,296
Mar 20250067.704.27$0
Feb 20251655970.884.34$11,951
Jan 2025026374.324.28$1,125
Dec 2024027568.993.12$858
Nov 20241756369.052.20$12,222
Oct 2024029471.372.28$671
Sep 2024029769.612.36$702
Aug 202417230875.632.06$13,644
Jul 2024031179.932.15$668
Jun 2024030078.082.63$790
May 202416530578.812.20$13,674
Apr 2024028984.451.66$480
Mar 2024028780.301.55$443
Feb 202416625976.091.78$13,093
Jan 2024028173.023.30$927
Dec 202316128171.262.61$12,206
Nov 20230077.892.81$0
Oct 2023028585.443.09$880
Sep 202316528489.042.74$15,468
Aug 2023030580.522.67$815
Jul 2023030674.852.64$808
Jun 2023029368.962.26$662
May 202316029970.622.23$11,965
Apr 2023028478.122.24$636
Mar 202317128672.852.39$13,142
Feb 2023025075.112.47$616
Jan 2023027176.533.39$918
Dec 2022026976.415.73$1,541
Nov 2022026685.005.65$1,502
Oct 202215829987.185.86$15,528
Sep 2022031484.888.16$2,563
Aug 2022033094.529.13$3,012
Jul 2022149347101.587.54$17,753
Jun 20220328115.097.98$2,617
May 20220340109.378.43$2,867
Apr 20220324104.226.84$2,215
Mar 2022135315108.885.08$16,298
Feb 20220091.054.86$0
Jan 2022031081.844.54$1,407
Dec 2021033071.323.90$1,287
Nov 2021031877.435.24$1,665
Oct 2021033779.795.71$1,926
Sep 2021033369.865.35$1,782
Aug 2021034466.024.22$1,452
Jul 2021034370.783.98$1,366
Jun 2021034169.493.38$1,153
May 2021033763.483.02$1,017
Apr 2021032060.362.76$883
Mar 2021031561.302.72$856
Feb 2021021257.805.55$1,176
Jan 2021020950.412.81$587
Dec 202016320744.642.68$7,830
Nov 2020022438.772.71$606
Oct 20201594436.972.48$5,987
Sep 2020024337.091.99$484
Aug 202016124239.982.39$7,014
Jul 2020023338.371.83$425
Jun 202016025634.901.69$6,017
May 2020010616.921.81$192
Apr 20201609314.751.80$2,528
Mar 2020024430.341.86$453
Feb 202015919749.881.98$8,321
Jan 2020020757.252.09$434
Dec 201915620959.012.30$9,687
Nov 2019021455.302.75$589
Oct 201916321953.472.42$9,245
Sep 2019023055.052.66$611
Aug 201915823153.112.30$8,924
Jul 2019024556.272.46$603
Jun 201916622852.782.49$9,329
May 2019025358.482.74$693
Apr 201915523262.632.75$10,346
Mar 2019022356.803.06$683
Feb 201916519050.852.79$8,921
Jan 201915917046.033.23$7,868
Dec 2018019746.594.19$825
Nov 2018020052.934.24$847
Oct 201816322761.443.40$10,786
Sep 2018023459.543.11$727
Aug 201814924359.403.07$9,596
Jul 2018024165.142.93$707
Jun 201816723360.183.08$10,767
May 2018024065.382.90$696
Apr 201815724263.842.90$10,725
Mar 2018023861.222.79$663
Feb 201815918761.782.77$10,340
Jan 201816317862.874.01$10,961
Dec 2017018257.272.92$532
Nov 201717021955.423.12$10,104
Oct 2017021449.292.98$639
Sep 2017022047.523.09$679
Aug 201713822445.373.00$6,934
Jul 2017023543.873.09$726
Jun 201716721442.493.09$7,757
May 2017022945.373.26$747
Apr 201716022647.933.21$8,395
Mar 201716621346.772.98$8,399
Feb 2017017550.452.95$517
Jan 2017019249.413.42$656
Dec 201614817048.763.72$7,849
Nov 2016020942.492.64$553
Oct 201616322046.193.09$8,209
Sep 2016021741.553.10$673
Aug 201616823541.442.92$7,649
Jul 2016023241.622.92$678
Jun 201614322845.352.69$7,097
May 20161678142.521.99$7,262
Apr 2016022036.561.99$438
Mar 201615824633.011.79$5,657
Feb 2016020626.472.06$425
Jan 201616218627.352.36$4,870
Dec 201515619032.362.00$5,428
Nov 2015021638.792.17$468
Oct 201516924443.552.43$7,952
Sep 2015022542.992.76$621
Aug 201516824140.162.87$7,439
Jul 201513725448.152.95$7,345
Jun 2015022056.152.88$634
May 201516223955.212.96$9,650
Apr 201515123349.822.71$8,153
Mar 2015019942.892.93$584
Feb 201517318044.662.98$8,262
Jan 201513315143.433.10$6,244
Dec 201415218154.693.59$8,963
Nov 2014019570.464.25$829
Oct 201411223878.303.90$9,698
Sep 2014025386.164.05$1,024
Aug 201417325289.394.04$16,481
Jul 2014026596.564.18$1,108
Jun 2014022498.164.74$1,061
May 201414624494.734.73$14,984
Apr 2014021995.944.81$1,053
Mar 2014015395.895.06$774
Feb 201416811497.406.19$17,069
Jan 2014016790.404.86$812
Dec 201316816391.824.35$16,136
Nov 201315021288.853.74$14,120
Oct 2013025097.423.78$945
Sep 2013167233104.113.72$18,253
Aug 20130232104.253.52$817
Jul 2013171180102.523.72$18,200
Jun 201316518294.403.93$16,292
May 201317223894.834.15$17,298
Apr 2013023593.964.28$1,006
Mar 201316819993.623.91$16,507
Feb 2013016091.233.42$547
Jan 201317216591.603.42$16,319
Dec 201216615086.773.42$14,917
Nov 2012019486.953.62$703
Oct 201216624989.383.40$15,684
Sep 201216824494.672.92$16,617
Aug 2012025092.662.91$727
Jul 201216425285.133.02$14,723
Jun 2012024979.822.52$627
May 201231626291.612.49$29,601
Apr 20120259101.652.00$517
Mar 2012166255105.052.22$18,005
Feb 2012167161101.102.57$17,298
Jan 201209798.092.73$265
Dec 201116813596.873.24$16,712
Nov 2011021295.723.31$702
Oct 2011027684.983.65$1,007
Sep 201117026283.623.99$15,260
Aug 201116727283.404.15$15,056
Jul 201114721994.144.52$14,828
Jun 201116012492.904.64$15,439
May 201114527198.134.40$15,423
Apr 2011076105.964.33$329
Mar 2011332096.364.06$31,992
Feb 20110085.644.18$0
Jan 20111401186.504.59$12,160
Dec 2010172285.734.35$14,754
Nov 2010128080.843.80$10,348
Oct 2010018478.103.51$646
Sep 201027317372.633.98$20,516
Aug 201005873.684.42$256
Jul 201017513072.554.74$13,312
Jun 2010017870.364.91$874
May 20101295071.124.24$9,386
Apr 201017121081.694.12$14,835
Mar 201028718678.394.39$23,314
Feb 201009973.585.44$539
Jan 201012023274.365.96$10,307
Dec 200909571.445.48$521
Nov 200930120574.593.75$23,221
Oct 2009032872.544.11$1,348
Sep 200913230865.543.06$9,595
Aug 200917731667.423.22$12,950
Jul 200912831461.133.46$8,912
Jun 200917939566.163.90$13,381
May 200913440854.743.93$8,937
Apr 2009037446.773.59$1,342
Mar 200927635742.144.06$13,080
Feb 200917227032.814.63$6,894
Jan 200911325535.865.37$5,422
Dec 2008029037.105.98$1,733
Nov 200815828755.496.86$10,736
Oct 200816531675.246.92$14,602
Sep 2008132291101.767.88$15,725
Aug 2008175297114.228.48$22,508
Jul 2008132305131.0811.39$20,776
Jun 2008160300131.3313.03$24,923
May 2008133226123.1711.57$18,997
Apr 2008174280110.3110.45$22,121
Mar 2008124367101.909.66$16,182
Feb 200817030192.538.77$18,370
Jan 200814131190.388.21$15,296
Dec 200718624688.337.30$18,226
Nov 200714524991.677.29$15,108
Oct 200713722982.856.92$12,936
Sep 200713228675.846.24$11,797
Aug 2007030369.066.39$1,936
Jul 200717730970.906.39$14,523
Jun 200717429962.007.55$13,045
May 200717832258.747.85$12,982
Apr 200717130559.617.81$12,574
Mar 200733128556.927.30$20,922
Feb 2007019555.108.22$1,602
Jan 200717923450.306.73$10,578
Dec 200617318156.656.92$11,053
Nov 20061697054.207.62$9,693
Oct 2006013754.906.01$824
Sep 200613424060.085.04$9,260
Aug 200617521068.717.34$13,566
Jul 200631223269.376.34$23,115
Jun 2006024566.286.38$1,564
May 200630816866.016.42$21,410
Apr 200612222464.397.36$9,504
Mar 2006011356.707.08$800
Feb 200617330457.597.75$12,319
Jan 200613737960.598.93$11,687
Dec 200531032054.9413.42$21,324
Nov 200504654.6910.59$487
Oct 200517317958.3413.80$12,562
Sep 200514527861.4512.08$12,268
Aug 200517238561.519.80$14,352
Jul 200517834255.697.84$12,595
Jun 200514734652.337.38$10,246
May 200514635045.226.65$8,930
Apr 200518036249.207.36$11,520
Mar 200531135250.377.15$18,184
Feb 200518030445.226.31$10,058
Jan 200520123943.166.32$10,186
Dec 200418129439.866.75$9,199
Nov 200417224545.286.33$9,339
Oct 200417428449.706.52$10,498
Sep 200417124543.245.28$8,689
Aug 2004025542.375.55$1,415
Jul 2004024338.286.08$1,478
Jun 200415422636.106.43$7,013
May 2004018037.486.49$1,169
Apr 2004160034.475.86$5,515
Mar 2004018034.365.53$995
Feb 2004175032.455.51$5,679
Jan 2004032932.036.30$2,073
Dec 2003018730.266.30$1,178
Nov 200335035028.804.60$11,688
Oct 2003037828.174.76$1,799
Sep 200318132326.314.75$6,296
Aug 200318122329.765.13$6,530
Jul 2003030429.415.17$1,572
Jun 200318123728.565.98$6,587
May 200318220826.595.97$6,082
Apr 200317821226.675.41$5,894
Mar 200317726131.146.10$7,103
Feb 200318412933.487.93$7,183
Jan 2003012930.315.58$720
Dec 200217415326.914.85$5,425
Nov 2002018024.664.14$745
Oct 200215620426.464.23$4,991
Sep 2002020227.443.64$734
Aug 2002017725.963.16$560
Jul 2002019224.583.06$588
Jun 200217420523.733.34$4,813
May 2002027524.663.58$986
Apr 200217423123.653.51$4,926
Mar 2002026022.003.10$807
Feb 200216121818.222.38$3,451
Jan 200217932417.172.38$3,843
Dec 2001024516.932.36$579
Nov 2001024518.072.41$589
Oct 200118122819.782.53$4,157
Sep 2001025924.262.25$583
Aug 200116424924.873.05$4,839
Jul 2001027023.933.20$863
Jun 200117225324.563.82$5,192
May 200116826725.524.31$5,437
Apr 20010024.685.34$0
Mar 200117726724.545.38$5,779
Feb 200117426727.755.77$6,368
Jan 2001029027.478.40$2,436
Dec 2000014526.889.12$1,323
Nov 200018029032.215.66$7,439
Oct 2000030731.235.15$1,580
Sep 200018429031.875.19$7,368
Aug 200017931029.644.54$6,713
Jul 2000033628.534.09$1,374
Jun 200018029029.304.40$6,549
May 2000031027.263.68$1,141
Apr 200027526324.513.12$7,560
Mar 2000023228.422.86$663
Feb 200017833627.622.73$5,832
Jan 2000025025.272.48$620
Dec 199918227324.282.42$5,081
Nov 1999036123.192.43$879
Oct 199918440820.982.80$5,004
Sep 1999036621.752.62$959
Aug 1999029619.262.88$851
Jul 199915839817.892.37$3,771
Jun 199916931715.942.36$3,443
May 199918439915.792.32$3,831
Apr 199917237715.102.21$3,430
Mar 199918132112.471.84$2,847
Feb 19991852809.981.82$2,355
Jan 1999020610.381.90$391
Dec 19981872929.201.77$2,238
Nov 199818430410.892.19$2,668
Oct 1998039212.421.97$772
Sep 199818227312.592.08$2,860
Aug 199818539711.301.91$2,848
Jul 1998038511.742.24$861
Jun 199818542111.242.24$3,021
May 199818045612.622.21$3,278
Apr 199817937613.042.51$3,276
Mar 199818632612.802.31$3,134
Feb 1998021913.952.30$504
Jan 199818722414.702.15$3,232
Dec 199718622816.322.41$3,585
Nov 1997189018.193.09$3,438
Oct 1997042519.253.15$1,339
Sep 199718442717.742.95$4,526
Aug 199717645717.862.55$4,311
Jul 199717143817.582.25$3,990
Jun 199716946917.242.26$3,972
May 199734743018.972.31$7,575
Apr 1997157017.882.08$2,807
Mar 199716414118.951.94$3,381
Feb 199716729020.492.21$4,062
Jan 199716511623.483.54$4,285
Dec 199616826623.32$3,918
Nov 199618138221.97$3,977
Oct 199617647423.31$4,103
Sep 199618637922.22$4,133
Aug 199618349420.26$3,708
Jul 199635269219.55$6,882
Jun 199618554818.73$3,465
May 199618536119.43$3,595
Apr 19961818921.51$3,893
Mar 199632130619.38$6,221
Feb 199617934016.98$3,039
Jan 199618725617.07$3,192
Dec 199517635017.19$3,025
Nov 199517941016.00$2,864
Oct 199525226815.43$3,888
Sep 199517446816.18$2,815
Aug 199518042015.92$2,866
Jul 199536431815.24$5,547
Jun 19951855416.41$3,036
May 199517947117.56$3,143
Apr 199536443917.73$6,454
Mar 199518635616.44$3,058
Feb 199537038316.58$6,135
Jan 199518437615.92$2,929
Dec 199437541215.03$5,636
Nov 199418335415.90$2,910
Oct 199418337915.58$2,851
Sep 199435726615.29$5,459
Aug 199418423016.13$2,968
Jul 199435535217.56$6,234
Jun 199426440817.09$4,512
May 199435452415.88$5,622
Apr 199436246114.14$5,119
Mar 199418438712.46$2,293
Feb 199437446812.50$4,675
Jan 199446531512.66$5,887
Dec 199334213712.33$4,217
Nov 199332572114.49$4,709
Oct 199319799015.85$3,122
Sep 19934871,03315.03$7,320
Aug 199330799515.66$4,808
Jul 199336899515.46$5,689
Jun 199347697316.79$7,992
May 199337496017.68$6,612
Apr 199337498018.05$6,751
Mar 199352592818.14$9,524
Feb 199352060317.90$9,308
Jan 199338962616.93$6,586

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       210 Mcf  × $  3.05 =       $640

────────────────────────────────────────────────────
Month total                                  $19,155

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/1408 is the state's own key, not one this site invented.