LASATER WEST

Operated by LIONHEART ENERGY CORPORATION (P-5 501830) 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 1548District 10Field 68929001OilCasinghead gasSaveExport
Value, all time
$308 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 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.

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
OilDisposition7,198 bbl$272,092
Casinghead gasProduction10,507 Mcf$35,535
Total$307,627

2,741 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 (3)

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 35.3263, -100.2953. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

35.32658, -100.29528 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
1,276 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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 310 and 2,241 ft, median 1,276 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2019
1 of 3 wells; 2 filed none
Plug dates filed
Oct 1984
1 of 3 wells; 2 filed none

3 wells

42-483809461D310 ftOct 1984Yes
42-483809472
42-4838094512,241 ftOct 2019

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 2019102053.472.42$5,454
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 20190046.033.23$0
Dec 20180046.594.19$0
Nov 2018168052.934.24$8,892
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 20180062.874.01$0
Dec 2017155057.272.92$8,877
Nov 20170055.423.12$0
Oct 20170049.292.98$0
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 20170046.772.98$0
Feb 2017166050.452.95$8,375
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 201593042.992.76$3,998
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 2015176044.662.98$7,860
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 2014167098.164.74$16,393
May 201402694.734.73$123
Apr 201404895.944.81$231
Mar 201405395.895.06$268
Feb 20140097.406.19$0
Jan 20140990.404.86$44
Dec 20131814991.824.35$16,833
Nov 201305388.853.74$198
Oct 20130097.423.78$0
Sep 2013040104.113.72$149
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20131661193.964.28$15,644
Mar 201302093.623.91$78
Feb 201301791.233.42$58
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120886.953.62$29
Oct 2012171089.383.40$15,284
Sep 20120594.672.92$15
Aug 20120092.662.91$0
Jul 201203285.133.02$97
Jun 201204179.822.52$103
May 201202191.612.49$52
Apr 2012049101.652.00$98
Mar 201215351105.052.22$16,186
Feb 2012048101.102.57$123
Jan 201205098.092.73$137
Dec 201104496.873.24$143
Nov 201104895.723.31$159
Oct 201105584.983.65$201
Sep 201105383.623.99$211
Aug 20111616283.404.15$13,685
Jul 201106494.144.52$289
Jun 201106192.904.64$283
May 201106598.134.40$286
Apr 2011070105.964.33$303
Mar 20111224496.364.06$11,934
Feb 201104485.644.18$184
Jan 201104486.504.59$202
Dec 201004185.734.35$178
Nov 201003280.843.80$121
Oct 201003978.103.51$137
Sep 201004872.633.98$191
Aug 201007273.684.42$318
Jul 201005872.554.74$275
Jun 201006870.364.91$334
May 201007271.124.24$305
Apr 201002881.694.12$115
Mar 20101573678.394.39$12,465
Feb 201002573.585.44$136
Jan 201003774.365.96$221
Dec 200903671.445.48$197
Nov 20091674074.593.75$12,607
Oct 200905072.544.11$206
Sep 200907565.543.06$230
Aug 200908467.423.22$270
Jul 200904661.133.46$159
Jun 200904366.163.90$167
May 200905254.743.93$204
Apr 200904846.773.59$172
Mar 200902642.144.06$106
Feb 200903732.814.63$171
Jan 200902335.865.37$124
Dec 20080937.105.98$54
Nov 200803155.496.86$213
Oct 200803375.246.92$228
Sep 2008038101.767.88$299
Aug 2008033114.228.48$280
Jul 2008037131.0811.39$421
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007351462.007.55$2,276
May 200702558.747.85$196
Apr 200702759.617.81$211
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070850.306.73$54
Dec 20060056.656.92$0
Nov 200602554.207.62$190
Oct 200602454.906.01$144
Sep 200602560.085.04$126
Aug 200602768.717.34$198
Jul 200602769.376.34$171
Jun 200603066.286.38$192
May 200603066.016.42$193
Apr 200603964.397.36$287
Mar 200603056.707.08$212
Feb 200602357.597.75$178
Jan 200602560.598.93$223
Dec 200502054.9413.42$268
Nov 200502454.6910.59$254
Oct 200502758.3413.80$372
Sep 200502461.4512.08$290
Aug 200503161.519.80$304
Jul 200503055.697.84$235
Jun 200503052.337.38$221
May 200502945.226.65$193
Apr 200503449.207.36$250
Mar 200502650.377.15$186
Feb 200503645.226.31$227
Jan 200503443.166.32$215
Dec 200402139.866.75$142
Nov 200402745.286.33$171
Oct 200403949.706.52$254
Sep 200403843.245.28$201
Aug 200404342.375.55$239
Jul 200403438.286.08$207
Jun 200403836.106.43$244
May 200404037.486.49$260
Apr 200404334.475.86$252
Mar 200403934.365.53$216
Feb 200403332.455.51$182
Jan 200404932.036.30$309
Dec 200304630.266.30$290
Nov 200303228.804.60$147
Oct 200305628.174.76$267
Sep 200304426.314.75$209
Aug 200303329.765.13$169
Jul 200303229.415.17$165
Jun 20031735228.565.98$5,252
May 200306026.595.97$358
Apr 200306126.675.41$330
Mar 200305731.146.10$347
Feb 20031594233.487.93$5,656
Jan 200305230.315.58$290
Dec 200205826.914.85$282
Nov 200206324.664.14$261
Oct 200207026.464.23$296
Sep 20021816927.443.64$5,217
Aug 200206825.963.16$215
Jul 200205924.583.06$181
Jun 200207723.733.34$257
May 200206124.663.58$219
Apr 2002167023.653.51$3,950
Mar 200206122.003.10$189
Feb 200206018.222.38$143
Jan 200206817.172.38$162
Dec 200105116.932.36$121
Nov 20011786018.072.41$3,361
Oct 200106619.782.53$167
Sep 200105024.262.25$113
Aug 200106724.873.05$205
Jul 200108523.933.20$272
Jun 200115310024.563.82$4,140
May 200109425.524.31$405
Apr 2001010224.685.34$544
Mar 200109424.545.38$505
Feb 20011727427.755.77$5,200
Jan 200107327.478.40$613
Dec 200008726.889.12$794
Nov 200009832.215.66$554
Oct 200009331.235.15$479
Sep 20001789731.875.19$6,176
Aug 2000011629.644.54$527
Jul 2000010428.534.09$425
Jun 20000029.304.40$0
May 2000011027.263.68$405
Apr 200016312424.513.12$4,382
Mar 200007828.422.86$223
Feb 200009027.622.73$245
Jan 20001647025.272.48$4,318
Dec 199907024.282.42$170
Nov 199905023.192.43$122
Oct 1999010020.982.80$280
Sep 199909021.752.62$236
Aug 19991776019.262.88$3,582
Jul 199904917.892.37$116
Jun 1999010015.942.36$236
May 199907615.792.32$176
Apr 19990015.102.21$0
Mar 1999100012.471.84$1,247
Feb 1999099.981.82$16
Jan 19990910.381.90$17
Dec 19984799.201.77$448
Nov 19980910.892.19$20
Oct 19980412.421.97$8
Sep 199835412.592.08$449
Aug 19980411.301.91$8
Jul 19980411.742.24$9
Jun 19980411.242.24$9
May 19980412.622.21$9
Apr 19980413.042.51$10
Mar 19980412.802.31$9
Feb 19980413.952.30$9
Jan 19980414.702.15$9
Dec 19970416.322.41$10
Nov 19970418.193.09$12
Oct 19970419.253.15$13
Sep 1997104417.742.95$1,857
Aug 19970417.862.55$10
Jul 19970417.582.25$9
Jun 19970417.242.26$9
May 1997125418.972.31$2,380
Apr 19970417.882.08$8
Mar 199701918.951.94$37
Feb 199701820.492.21$40
Jan 19970823.483.54$28
Dec 19960823.32$0
Nov 199683621.97$1,824
Oct 19960623.31$0
Sep 19960522.22$0
Aug 19960120.26$0
Jul 19960419.55$0
Jun 199604818.73$0
May 199606519.43$0
Apr 19961076521.51$2,302
Mar 199607319.38$0
Feb 199604916.98$0
Jan 199602417.07$0
Dec 1995569217.19$963
Nov 199507816.00$0
Oct 199508215.43$0
Sep 19951418316.18$2,281
Aug 199508315.92$0
Jul 19951133615.24$1,722
Jun 199504016.41$0
May 19951237117.56$2,160
Apr 199506217.73$0
Mar 19951768716.44$2,893
Feb 199509216.58$0
Jan 19951624215.92$2,579
Dec 199403315.03$0
Nov 19941565715.90$2,480
Oct 199405715.58$0
Sep 19941518415.29$2,309
Aug 199407816.13$0
Jul 199402017.56$0
Jun 19941465717.09$2,495
May 199406015.88$0
Apr 19941428714.14$2,008
Mar 199408212.46$0
Feb 199415310812.50$1,913
Jan 199406612.66$0
Dec 19931307512.33$1,603
Nov 199307814.49$0
Oct 19931486615.85$2,346
Sep 199308415.03$0
Aug 19931408015.66$2,192
Jul 199304715.46$0
Jun 19931535816.79$2,569
May 199305017.68$0
Apr 19931584818.05$2,852
Mar 199307818.14$0
Feb 19931442317.90$2,578
Jan 199306316.93$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.

Oct 2019 — as filed, then multipliedworked
Oil                  102 bbl  × $ 53.47 =     $5,454
Casinghead gas         0 Mcf  × $  2.42 =         $0

────────────────────────────────────────────────────
Month total                                   $5,454

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/1548 is the state's own key, not one this site invented.