MORSE -C-

Operated by BRADLEY OPERATING CO. (P-5 87255) in the PANHANDLE GRAY COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 186District 10Field 68873001OilCasinghead 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 837 leases and 6,360 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: UNTIL THE FLUID MIGRATION FROM SUCH STRATA IS ELIMINATED.

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
OilDisposition32,261 bbl$2,083,781
Casinghead gasProduction21 Mcf$0
Total$2,083,781

21 Mcf of this lease's gas, across 21 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 35.4038, -100.5879. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.40375, -100.58752 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
no depth filed
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.
3100.0%

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.

3 wells

42-179810611
42-179810623
42-179810634

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 2025146060.553.23$8,840
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 2025157070.884.34$11,128
Jan 20250074.324.28$0
Dec 2024151068.993.12$10,417
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 2024157075.632.06$11,874
Jul 2024308079.932.15$24,618
Jun 20240078.082.63$0
May 2024152078.812.20$11,979
Apr 20240084.451.66$0
Mar 2024157080.301.55$12,607
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023160071.262.61$11,402
Nov 2023158077.892.81$12,307
Oct 20230085.443.09$0
Sep 2023161089.042.74$14,335
Aug 20230080.522.67$0
Jul 2023155074.852.64$11,602
Jun 20230068.962.26$0
May 2023157070.622.23$11,087
Apr 2023141078.122.24$11,015
Mar 2023156072.852.39$11,365
Feb 2023158075.112.47$11,867
Jan 2023154076.533.39$11,786
Dec 2022147076.415.73$11,232
Nov 2022161085.005.65$13,685
Oct 20220087.185.86$0
Sep 2022158084.888.16$13,411
Aug 2022157094.529.13$14,840
Jul 20221520101.587.54$15,440
Jun 20221550115.097.98$17,839
May 20221590109.378.43$17,390
Apr 20221460104.226.84$15,216
Mar 20221600108.885.08$17,421
Feb 2022159091.054.86$14,477
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 2021158077.435.24$12,234
Oct 2021155079.795.71$12,367
Sep 2021154069.865.35$10,758
Aug 2021313066.024.22$20,664
Jul 20210070.783.98$0
Jun 2021155069.493.38$10,771
May 2021157063.483.02$9,966
Apr 2021157060.362.76$9,477
Mar 2021157061.302.72$9,624
Feb 2021158057.805.55$9,132
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 2020157016.921.81$2,656
Apr 20200014.751.80$0
Mar 2020159030.341.86$4,824
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019164059.012.30$9,678
Nov 20190055.302.75$0
Oct 2019163053.472.42$8,716
Sep 20190055.052.66$0
Aug 2019158053.112.30$8,391
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019163058.482.74$9,532
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 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018157065.142.93$10,227
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018157063.842.90$10,023
Mar 20180061.222.79$0
Feb 2018159061.782.77$9,823
Jan 20180062.874.01$0
Dec 20170057.272.92$0
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 2017153042.493.09$6,501
May 2017155045.373.26$7,032
Apr 20170047.933.21$0
Mar 2017157046.772.98$7,343
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016161042.492.64$6,841
Oct 2016157046.193.09$7,252
Sep 2016153041.553.10$6,357
Aug 2016154041.442.92$6,382
Jul 2016153041.622.92$6,368
Jun 2016154045.352.69$6,984
May 2016154042.521.99$6,548
Apr 2016158036.561.99$5,776
Mar 2016147033.011.79$4,852
Feb 2016159026.472.06$4,209
Jan 2016161027.352.36$4,403
Dec 2015181032.362.00$5,857
Nov 20150038.792.17$0
Oct 2015176043.552.43$7,665
Sep 2015173042.992.76$7,437
Aug 2015174040.162.87$6,988
Jul 2015177048.152.95$8,523
Jun 2015176056.152.88$9,882
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 2015174043.433.10$7,557
Dec 2014178054.693.59$9,735
Nov 2014177070.464.25$12,471
Oct 2014357078.303.90$27,953
Sep 2014182086.164.05$15,681
Aug 2014176089.394.04$15,733
Jul 2014179096.564.18$17,284
Jun 2014180098.164.74$17,669
May 2014172094.734.73$16,294
Apr 2014179095.944.81$17,173
Mar 2014183095.895.06$17,548
Feb 2014185097.406.19$18,019
Jan 2014185090.404.86$16,724
Dec 2013184091.824.35$16,895
Nov 2013187088.853.74$16,615
Oct 2013184097.423.78$17,925
Sep 20133680104.113.72$38,312
Aug 20131800104.253.52$18,765
Jul 20131880102.523.72$19,274
Jun 2013181094.403.93$17,086
May 2013186094.834.15$17,638
Apr 2013183093.964.28$17,195
Mar 2013357093.623.91$33,422
Feb 2013183091.233.42$16,695
Jan 2013182091.603.42$16,671
Dec 2012182086.773.42$15,792
Nov 2012183086.953.62$15,912
Oct 2012362089.383.40$32,356
Sep 2012178094.672.92$16,851
Aug 2012180092.662.91$16,679
Jul 2012350085.133.02$29,796
Jun 2012170079.822.52$13,569
May 2012177091.612.49$16,215
Apr 20121740101.652.00$17,687
Mar 20121810105.052.22$19,014
Feb 20121820101.102.57$18,400
Jan 2012180098.092.73$17,656
Dec 2011182096.873.24$17,630
Nov 2011181095.723.31$17,325
Oct 2011182084.983.65$15,466
Sep 2011177083.623.99$14,801
Aug 2011182083.404.15$15,179
Jul 2011161094.144.52$15,157
Jun 2011161092.904.64$14,957
May 2011162098.134.40$15,897
Apr 20111610105.964.33$17,060
Mar 2011156096.364.06$15,032
Feb 2011161085.644.18$13,788
Jan 20110086.504.59$0
Dec 2010331085.734.35$28,377
Nov 2010158080.843.80$12,773
Oct 2010163078.103.51$12,730
Sep 2010163072.633.98$11,839
Aug 2010162073.684.42$11,936
Jul 2010163072.554.74$11,826
Jun 2010162070.364.91$11,398
May 20100071.124.24$0
Apr 2010161081.694.12$13,152
Mar 20100078.394.39$0
Feb 2010161073.585.44$11,846
Jan 20100074.365.96$0
Dec 2009183071.445.48$13,074
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009163065.543.06$10,683
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 2009182066.163.90$12,041
May 2009185054.743.93$10,127
Apr 2009177046.773.59$8,278
Mar 2009188042.144.06$7,922
Feb 2009194032.814.63$6,365
Jan 2009183035.865.37$6,562
Dec 20080037.105.98$0
Nov 2008189055.496.86$10,488
Oct 2008382075.246.92$28,742
Sep 20081870101.767.88$19,029
Aug 20081750114.228.48$19,989
Jul 20081960131.0811.39$25,692
Jun 20081710131.3313.03$22,457
May 200800123.1711.57$0
Apr 20081720110.3110.45$18,973
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008100090.388.21$9,038
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 200798082.856.92$8,119
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 200781062.007.55$5,022
May 2007101058.747.85$5,933
Apr 20070059.617.81$0
Mar 200772056.927.30$4,098
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006178056.656.92$10,084
Nov 2006127054.207.62$6,883
Oct 20060054.906.01$0
Sep 200652060.085.04$3,124
Aug 2006101068.717.34$6,940
Jul 2006113069.376.34$7,839
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 200634064.397.36$2,189
Mar 20060056.707.08$0
Feb 200677057.597.75$4,434
Jan 2006159060.598.93$9,634
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 200574061.4512.08$4,547
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 200571049.207.36$3,493
Mar 200576050.377.15$3,828
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 200485049.706.52$4,225
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 200488036.106.43$3,177
May 2004102037.486.49$3,823
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 2003128030.266.30$3,873
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 200376033.487.93$2,544
Jan 20030030.315.58$0
Dec 200250026.914.85$1,346
Nov 20020024.664.14$0
Oct 200294026.464.23$2,487
Sep 20020027.443.64$0
Aug 200299025.963.16$2,570
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 200285024.663.58$2,096
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 200182018.072.41$1,482
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 200192024.563.82$2,260
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20012027.478.40$55
Dec 20000026.889.12$0
Nov 200074032.215.66$2,384
Oct 20000031.235.15$0
Sep 200096031.875.19$3,060
Aug 20000029.644.54$0
Jul 200052028.534.09$1,484
Jun 200098029.304.40$2,871
May 20000027.263.68$0
Apr 200044024.513.12$1,078
Mar 200075028.422.86$2,132
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 199985020.982.80$1,783
Sep 199998021.752.62$2,132
Aug 19990019.262.88$0
Jul 199996017.892.37$1,717
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 199994015.102.21$1,419
Mar 19990012.471.84$0
Feb 19999309.981.82$928
Jan 199991010.381.90$945
Dec 19989009.201.77$828
Nov 19980010.892.19$0
Oct 199893012.421.97$1,155
Sep 199895012.592.08$1,196
Aug 199888011.301.91$994
Jul 199882011.742.24$963
Jun 199899011.242.24$1,113
May 199889012.622.21$1,123
Apr 19980013.042.51$0
Mar 199876012.802.31$973
Feb 199895013.952.30$1,325
Jan 199893014.702.15$1,367
Dec 199788016.322.41$1,436
Nov 199790018.193.09$1,637
Oct 1997101019.253.15$1,944
Sep 199797017.742.95$1,721
Aug 199792017.862.55$1,643
Jul 1997100017.582.25$1,758
Jun 199799017.242.26$1,707
May 19970018.972.31$0
Apr 1997102017.882.08$1,824
Mar 19970018.951.94$0
Feb 1997116020.492.21$2,377
Jan 19970023.483.54$0
Dec 1996117023.32$2,728
Nov 19960021.97$0
Oct 19960023.31$0
Sep 1996122022.22$2,711
Aug 19960020.26$0
Jul 1996121019.55$2,366
Jun 19960018.73$0
May 1996103019.43$2,001
Apr 19960021.51$0
Mar 1996123019.38$2,384
Feb 19960016.98$0
Jan 1996103017.07$1,758
Dec 19950017.19$0
Nov 19950016.00$0
Oct 1995104015.43$1,605
Sep 19950016.18$0
Aug 1995123015.92$1,958
Jul 19950015.24$0
Jun 1995101016.41$1,657
May 19950017.56$0
Apr 1995121017.73$2,145
Mar 19950016.44$0
Feb 1995101016.58$1,675
Jan 19950015.92$0
Dec 19940015.03$0
Nov 1994178015.90$2,830
Oct 19940015.58$0
Sep 19940115.29$0
Aug 1994121116.13$1,952
Jul 19940117.56$0
Jun 19940117.09$0
May 1994121115.88$1,921
Apr 19940114.14$0
Mar 1994120112.46$1,495
Feb 19940112.50$0
Jan 1994126112.66$1,595
Dec 1993109112.33$1,344
Nov 19930114.49$0
Oct 19930115.85$0
Sep 1993121115.03$1,819
Aug 19930115.66$0
Jul 1993123115.46$1,902
Jun 19930116.79$0
May 199383117.68$1,467
Apr 19930118.05$0
Mar 1993120118.14$2,177
Feb 19930117.90$0
Jan 1993120116.93$2,032

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 2025 — as filed, then multipliedworked
Oil                  146 bbl  × $ 60.55 =     $8,840
Casinghead gas         0 Mcf  × $  3.23 =         $0

────────────────────────────────────────────────────
Month total                                   $8,840

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/186 is the state's own key, not one this site invented.