MineralRecord
Log inSign up

GRAHAM

Operated by LASATER & CO, INC. (P-5 487415) 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 1547District 10Field 68887001OilCasinghead gasSaveExport
Value, all time
$851 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 PANHANDLE HUTCHINSON COUNTY FLD. field

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
OilDisposition12,882 bbl$541,020
Casinghead gasProduction84,402 Mcf$309,890
Total$850,910

15,615 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 35.8642, -101.4609. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

35.86449, -101.46038 · 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
50.0%
2 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
3,308 ft
4 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
250.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
NeitherNo plug date, and not on the schedule.
250.0%

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 3,295 and 3,337 ft, median 3,308 ft, over the 4 wells that filed a depth.

Completions filed
Dec 1958 – Mar 2008
2 of 4 wells; 2 filed none
Plug dates filed
Apr 2026 – May 2026
2 of 4 wells; 2 filed none

4 wells

42-2330183123,298 ft—Apr 2026Yes
42-2338416213,337 ft—May 2026Yes
42-2331078033,295 ftMar 2008——
42-233107814W3,317 ftDec 1958——

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 20240176.091.78$2
Jan 20240673.023.30$20
Dec 202301071.262.61$26
Nov 2023018677.892.81$522
Oct 2023021285.443.09$655
Sep 2023021389.042.74$583
Aug 2023021580.522.67$575
Jul 2023013574.852.64$357
Jun 202301668.962.26$36
May 202304870.622.23$107
Apr 20230578.122.24$11
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 202205876.415.73$332
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 20210371.323.90$12
Nov 20210477.435.24$21
Oct 202104379.795.71$246
Sep 20210569.865.35$27
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 202107061.302.72$190
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202005844.642.68$155
Nov 202003538.772.71$95
Oct 202005236.972.48$129
Sep 202002737.091.99$54
Aug 202009739.982.39$231
Jul 2020010338.371.83$188
Jun 202006434.901.69$108
May 20200216.921.81$4
Apr 202004214.751.80$76
Mar 202007730.341.86$143
Feb 20200049.881.98$0
Jan 2020010257.252.09$214
Dec 2019011259.012.30$258
Nov 201906855.302.75$187
Oct 201902353.472.42$56
Sep 201906855.052.66$181
Aug 20190053.112.30$0
Jul 20191554356.272.46$8,828
Jun 201907152.782.49$177
May 2019011058.482.74$301
Apr 2019018662.632.75$512
Mar 2019016956.803.06$517
Feb 2019013450.852.79$374
Jan 2019015946.033.23$513
Dec 2018016246.594.19$678
Nov 2018021052.934.24$890
Oct 2018023161.443.40$785
Sep 2018015459.543.11$479
Aug 2018018959.403.07$580
Jul 2018016465.142.93$481
Jun 2018015260.183.08$468
May 201817215465.382.90$11,692
Apr 2018017063.842.90$493
Mar 201808761.222.79$242
Feb 2018014661.782.77$404
Jan 2018015962.874.01$637
Dec 201705557.272.92$161
Nov 201708855.423.12$274
Oct 2017017149.292.98$510
Sep 2017011947.523.09$367
Aug 201718410345.373.00$8,658
Jul 2017010343.873.09$318
Jun 201709342.493.09$287
May 201703945.373.26$127
Apr 20170047.933.21$0
Mar 201702846.772.98$84
Feb 201708150.452.95$239
Jan 201702549.413.42$85
Dec 20160548.763.72$19
Nov 201601842.492.64$48
Oct 20160846.193.09$25
Sep 2016155441.553.10$6,453
Aug 20160541.442.92$15
Jul 201601041.622.92$29
Jun 201601245.352.69$32
May 20160242.521.99$4
Apr 201602136.561.99$42
Mar 201606733.011.79$120
Feb 20161759026.472.06$4,818
Jan 2016010127.352.36$239
Dec 201502932.362.00$58
Nov 201509438.792.17$204
Oct 2015012643.552.43$306
Sep 2015010142.992.76$279
Aug 2015012140.162.87$348
Jul 201509248.152.95$271
Jun 201508456.152.88$242
May 2015010255.212.96$301
Apr 201506149.822.71$165
Mar 2015010942.892.93$320
Feb 20151628944.662.98$7,500
Jan 2015015343.433.10$474
Dec 2014018854.693.59$675
Nov 2014019970.464.25$846
Oct 2014020778.303.90$808
Sep 201418321086.164.05$16,617
Aug 2014022689.394.04$912
Jul 2014020296.564.18$844
Jun 2014018398.164.74$867
May 20140094.734.73$0
Apr 2014189095.944.81$18,133
Mar 2014019795.895.06$996
Feb 2014018297.406.19$1,127
Jan 2014017990.404.86$870
Dec 201315316491.824.35$14,763
Nov 2013016988.853.74$632
Oct 2013019897.423.78$748
Sep 20130218104.113.72$810
Aug 2013194223104.253.52$21,010
Jul 20130399102.523.72$1,483
Jun 2013019094.403.93$747
May 2013013794.834.15$568
Apr 2013019493.964.28$831
Mar 201317117693.623.91$16,698
Feb 2013017691.233.42$602
Jan 2013016091.603.42$547
Dec 2012022286.773.42$759
Nov 2012025686.953.62$928
Oct 201216026589.383.40$15,202
Sep 2012027694.672.92$805
Aug 2012029992.662.91$870
Jul 2012032585.133.02$982
Jun 2012028279.822.52$710
May 2012020891.612.49$518
Apr 2012191220101.652.00$19,854
Mar 20120147105.052.22$327
Feb 20120164101.102.57$422
Jan 201209998.092.73$271
Dec 2011012196.873.24$392
Nov 2011010995.723.31$361
Oct 2011016484.983.65$598
Sep 20111691883.623.99$14,204
Aug 201141083.404.15$3,419
Jul 201137894.144.52$3,519
Jun 20110092.904.64$0
May 2011012298.134.40$537
Apr 20111830105.964.33$19,391
Mar 201103296.364.06$130
Feb 201103285.644.18$134
Jan 2011025786.504.59$1,179
Dec 2010026485.734.35$1,148
Nov 201017223580.843.80$14,796
Oct 2010021978.103.51$768
Sep 2010022472.633.98$891
Aug 2010033473.684.42$1,476
Jul 2010027072.554.74$1,279
Jun 201016420470.364.91$12,541
May 2010020071.124.24$847
Apr 2010019981.694.12$820
Mar 201019019378.394.39$15,741
Feb 2010017273.585.44$936
Jan 2010016774.365.96$996
Dec 2009034171.445.48$1,870
Nov 2009031674.593.75$1,185
Oct 2009032972.544.11$1,352
Sep 200918330865.543.06$12,938
Aug 2009032467.423.22$1,043
Jul 2009031861.133.46$1,102
Jun 2009031266.163.90$1,215
May 200917031654.743.93$10,546
Apr 2009024846.773.59$890
Mar 2009020842.144.06$844
Feb 200918510932.814.63$6,575
Jan 2009014435.865.37$773
Dec 2008023837.105.98$1,423
Nov 2008011155.496.86$762
Oct 20081795675.246.92$13,856
Sep 2008011101.767.88$87
Aug 20080121114.228.48$1,026
Jul 20080166131.0811.39$1,891
Jun 200803131.3313.03$39
May 2008162100123.1711.57$21,111
Apr 20080177110.3110.45$1,851
Mar 20080110101.909.66$1,063
Feb 2008019892.538.77$1,737
Jan 2008030690.388.21$2,511
Dec 2007045988.337.30$3,352
Nov 2007035591.677.29$2,589
Oct 2007032382.856.92$2,236
Sep 2007032875.846.24$2,048
Aug 200716729169.066.39$13,392
Jul 2007029170.906.39$1,859
Jun 2007030262.007.55$2,280
May 200717637158.747.85$13,249
Apr 2007014059.617.81$1,093
Mar 2007037756.927.30$2,753
Feb 2007031855.108.22$2,613
Jan 200719034350.306.73$11,864
Dec 2006036956.656.92$2,553
Nov 2006038854.207.62$2,956
Oct 2006034154.906.01$2,051
Sep 2006034360.085.04$1,728
Aug 2006036468.717.34$2,672
Jul 200616238869.376.34$13,699
Jun 2006037766.286.38$2,407
May 2006029766.016.42$1,908
Apr 2006030664.397.36$2,252
Mar 200616334456.707.08$11,679
Feb 2006027557.597.75$2,132
Jan 2006030560.598.93$2,725
Dec 2005029754.9413.42$3,984
Nov 2005023154.6910.59$2,446
Oct 200518032758.3413.80$15,012
Sep 2005032861.4512.08$3,962
Aug 2005040061.519.80$3,919
Jul 2005037255.697.84$2,918
Jun 200519435452.337.38$12,765
May 2005035845.226.65$2,381
Apr 2005034949.207.36$2,569
Mar 200517837150.377.15$11,620
Feb 2005036845.226.31$2,323
Jan 2005038843.166.32$2,453
Dec 2004037539.866.75$2,532
Nov 2004030945.286.33$1,956
Oct 200417230949.706.52$10,562
Sep 2004037843.245.28$1,997
Aug 2004039942.375.55$2,215
Jul 2004039238.286.08$2,385
Jun 200417542736.106.43$9,064
May 2004032637.486.49$2,117
Apr 2004042534.475.86$2,490
Mar 2004041734.365.53$2,306
Feb 2004031132.455.51$1,713
Jan 2004035932.036.30$2,262
Dec 2003036930.266.30$2,325
Nov 200320025728.804.60$6,941
Oct 2003025728.174.76$1,223
Sep 2003026626.314.75$1,263
Aug 2003031129.765.13$1,595
Jul 200317731829.415.17$6,850
Jun 2003027228.565.98$1,627
May 2003033126.595.97$1,977
Apr 2003030126.675.41$1,628
Mar 2003031431.146.10$1,914
Feb 2003029533.487.93$2,338
Jan 200317734930.315.58$7,313
Dec 2002027226.914.85$1,320
Nov 2002032924.664.14$1,361
Oct 2002030426.464.23$1,286
Sep 200217433427.443.64$5,989
Aug 2002028825.963.16$911
Jul 2002034424.583.06$1,053
Jun 2002033423.733.34$1,115
May 200219235824.663.58$6,018
Apr 2002032723.653.51$1,149
Mar 2002034322.003.10$1,064
Feb 2002035118.222.38$834
Jan 2002035117.172.38$834
Dec 200119235916.932.36$4,099
Nov 2001036418.072.41$876
Oct 2001038219.782.53$966
Sep 2001038924.262.25$876
Aug 200119139924.873.05$5,968
Jul 2001038223.933.20$1,221
Jun 2001038424.563.82$1,468
May 2001039325.524.31$1,693
Apr 2001035324.685.34$1,883
Mar 2001035724.545.38$1,919
Feb 20011919427.755.77$5,842
Jan 2001035927.478.40$3,015
Dec 2000040426.889.12$3,685
Nov 200019227132.215.66$7,718
Oct 2000035231.235.15$1,811
Sep 2000036731.875.19$1,903
Aug 2000037929.644.54$1,721
Jul 200018334928.534.09$6,648
Jun 2000038429.304.40$1,689
May 2000038427.263.68$1,413
Apr 2000033424.513.12$1,041
Mar 2000032228.422.86$921
Feb 200020333427.622.73$6,518
Jan 2000032725.272.48$811
Dec 1999024624.282.42$596
Nov 1999030123.192.43$733
Oct 199919638420.982.80$5,189
Sep 1999035221.752.62$922
Aug 1999043519.262.88$1,251
Jul 1999040917.892.37$970
Jun 1999038315.942.36$905
May 1999037715.792.32$875
Apr 1999038915.102.21$859
Mar 199918639512.471.84$3,046
Feb 199903529.981.82$640
Jan 1999039610.381.90$752
Dec 19981973269.201.77$2,391
Nov 1998041010.892.19$896
Oct 1998043812.421.97$863
Sep 1998043212.592.08$900
Aug 199818846411.301.91$3,009
Jul 1998047811.742.24$1,069
Jun 1998046611.242.24$1,043
May 199820446212.622.21$3,594
Apr 1998043913.042.51$1,100
Mar 1998045212.802.31$1,044
Feb 199819037213.952.30$3,506
Jan 1998040914.702.15$881
Dec 1997034316.322.41$827
Nov 1997046118.193.09$1,424
Oct 199718637719.253.15$4,768
Sep 1997030017.742.95$886
Aug 199717731317.862.55$3,961
Jul 1997029917.582.25$672
Jun 1997029917.242.26$675
May 1997027918.972.31$644
Apr 199718624217.882.08$3,830
Mar 1997027718.951.94$537
Feb 1997026520.492.21$585
Jan 19974723023.483.54$1,918
Dec 199618426023.32—$4,291
Nov 1996029421.97—$0
Oct 1996030723.31—$0
Sep 1996028522.22—$0
Aug 1996033820.26—$0
Jul 199618234019.55—$3,558
Jun 1996029918.73—$0
May 1996033319.43—$0
Apr 199617626421.51—$3,786
Mar 1996023719.38—$0
Feb 1996025116.98—$0
Jan 199618735517.07—$3,192
Dec 19951877217.19—$3,215
Nov 1995038116.00—$0
Oct 199517232715.43—$2,654
Sep 1995034516.18—$0
Aug 199519444815.92—$3,088
Jul 1995043915.24—$0
Jun 199520441216.41—$3,348
May 1995039517.56—$0
Apr 1995038417.73—$0
Mar 199518839516.44—$3,091
Feb 1995033116.58—$0
Jan 199518736515.92—$2,977
Dec 1994037315.03—$0
Nov 1994036415.90—$0
Oct 199416938515.58—$2,633
Sep 1994039315.29—$0
Aug 199416940716.13—$2,726
Jul 1994042417.56—$0
Jun 199417438117.09—$2,974
May 199417825915.88—$2,827
Apr 1994018214.14—$0
Mar 1994030412.46—$0
Feb 1994028812.50—$0
Jan 1994036012.66—$0
Dec 1993031212.33—$0
Nov 1993028814.49—$0
Oct 1993031015.85—$0
Sep 199318125715.03—$2,720
Aug 1993033615.66—$0
Jul 1993035215.46—$0
Jun 199317932216.79—$3,005
May 1993033117.68—$0
Apr 1993031818.05—$0
Mar 199330632218.14—$5,551
Feb 1993023017.90—$0
Jan 1993026016.93—$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.

Feb 2024 — as filed, then multipliedworked
Oil                    0 bbl  × $ 76.09 =         $0
Casinghead gas         1 Mcf  × $  1.78 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/1547 is the state's own key, not one this site invented.