MORSE -B-

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 187District 10Field 68873001OilCasinghead gasSaveExport
Value, all time
$3.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$97 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 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
OilDisposition73,151 bbl$3,848,757
Casinghead gasProduction2,727 Mcf$1,516
Total$3,850,273

2,215 Mcf of this lease's gas, across 23 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 (6)

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 35.4036, -100.5969. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.40332, -100.59680 · 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 6 wells
With a plug date
0.0%
0 of 6 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.
6100.0%

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.

6 wells

42-179810641
42-179810652
42-179810663
42-179810674
42-179810685
42-179810696

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 20261620106.413.05$17,238
Apr 20260098.932.87$0
Mar 2026162089.753.15$14,540
Feb 2026105063.503.75$6,668
Jan 2026161059.138.00$9,520
Dec 2025162056.664.41$9,179
Nov 2025158058.593.93$9,257
Oct 20250059.383.30$0
Sep 2025158062.743.08$9,913
Aug 2025159063.933.01$10,165
Jul 20250066.743.32$0
Jun 2025152066.483.13$10,105
May 2025159060.553.23$9,627
Apr 20250062.363.54$0
Mar 2025158067.704.27$10,697
Feb 20250070.884.34$0
Jan 2025157074.324.28$11,668
Dec 2024152068.993.12$10,486
Nov 20240069.052.20$0
Oct 2024158071.372.28$11,276
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 2024148078.082.63$11,556
May 2024313078.812.20$24,668
Apr 2024161084.451.66$13,596
Mar 20240080.301.55$0
Feb 2024156076.091.78$11,870
Jan 2024159073.023.30$11,610
Dec 2023159071.262.61$11,330
Nov 2023146077.892.81$11,372
Oct 2023162085.443.09$13,841
Sep 2023158089.042.74$14,068
Aug 2023150080.522.67$12,078
Jul 2023157074.852.64$11,751
Jun 2023157068.962.26$10,827
May 2023158070.622.23$11,158
Apr 2023153078.122.24$11,952
Mar 2023160072.852.39$11,656
Feb 2023163075.112.47$12,243
Jan 2023160076.533.39$12,245
Dec 2022157076.415.73$11,996
Nov 2022161085.005.65$13,685
Oct 2022160087.185.86$13,949
Sep 2022159084.888.16$13,496
Aug 2022159094.529.13$15,029
Jul 20221570101.587.54$15,948
Jun 20223190115.097.98$36,714
May 20221590109.378.43$17,390
Apr 20221580104.226.84$16,467
Mar 20221600108.885.08$17,421
Feb 2022160091.054.86$14,568
Jan 2022157081.844.54$12,849
Dec 20210071.323.90$0
Nov 2021159077.435.24$12,311
Oct 2021158079.795.71$12,607
Sep 2021312069.865.35$21,796
Aug 2021147066.024.22$9,705
Jul 2021316070.783.98$22,366
Jun 2021157069.493.38$10,910
May 2021318063.483.02$20,187
Apr 2021159060.362.76$9,597
Mar 2021159061.302.72$9,747
Feb 20210057.805.55$0
Jan 2021161050.412.81$8,116
Dec 2020157044.642.68$7,008
Nov 2020157038.772.71$6,087
Oct 2020162036.972.48$5,989
Sep 2020160037.091.99$5,934
Aug 2020154039.982.39$6,157
Jul 20200038.371.83$0
Jun 2020155034.901.69$5,410
May 2020159016.921.81$2,690
Apr 2020137014.751.80$2,021
Mar 2020162030.341.86$4,915
Feb 2020159049.881.98$7,931
Jan 2020325057.252.09$18,606
Dec 2019326059.012.30$19,237
Nov 2019160055.302.75$8,848
Oct 2019161053.472.42$8,609
Sep 20190055.052.66$0
Aug 2019158053.112.30$8,391
Jul 2019154056.272.46$8,666
Jun 2019318052.782.49$16,784
May 20190058.482.74$0
Apr 2019164062.632.75$10,271
Mar 2019162056.803.06$9,202
Feb 2019162050.852.79$8,238
Jan 2019167046.033.23$7,687
Dec 2018167046.594.19$7,781
Nov 2018165052.934.24$8,733
Oct 2018165061.443.40$10,138
Sep 2018159059.543.11$9,467
Aug 2018158059.403.07$9,385
Jul 20180065.142.93$0
Jun 2018159060.183.08$9,569
May 2018164065.382.90$10,722
Apr 2018159063.842.90$10,151
Mar 2018317061.222.79$19,407
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 2017158042.493.09$6,713
May 2017153045.373.26$6,942
Apr 2017154047.933.21$7,381
Mar 2017155046.772.98$7,249
Feb 2017160050.452.95$8,072
Jan 2017159049.413.42$7,856
Dec 20160048.763.72$0
Nov 2016160042.492.64$6,798
Oct 2016159046.193.09$7,344
Sep 2016156041.553.10$6,482
Aug 2016157041.442.92$6,506
Jul 2016155041.622.92$6,451
Jun 2016152045.352.69$6,893
May 2016313042.521.99$13,309
Apr 2016158036.561.99$5,776
Mar 2016319033.011.79$10,530
Feb 2016160026.472.06$4,235
Jan 2016163027.352.36$4,458
Dec 2015362032.362.00$11,714
Nov 2015180038.792.17$6,982
Oct 2015177043.552.43$7,708
Sep 2015178042.992.76$7,652
Aug 2015180040.162.87$7,229
Jul 2015175048.152.95$8,426
Jun 2015174056.152.88$9,770
May 2015177055.212.96$9,772
Apr 2015182049.822.71$9,067
Mar 20150042.892.93$0
Feb 2015352044.662.98$15,720
Jan 2015183043.433.10$7,948
Dec 2014182054.693.59$9,954
Nov 2014177070.464.25$12,471
Oct 2014177078.303.90$13,859
Sep 2014173086.164.05$14,906
Aug 2014181089.394.04$16,180
Jul 2014350096.564.18$33,796
Jun 2014359098.164.74$35,239
May 2014178094.734.73$16,862
Apr 2014360095.944.81$34,538
Mar 2014356095.895.06$34,137
Feb 2014363097.406.19$35,356
Jan 2014177090.404.86$16,001
Dec 2013361091.824.35$33,147
Nov 2013362088.853.74$32,164
Oct 2013367097.423.78$35,753
Sep 20133680104.113.72$38,312
Aug 20133720104.253.52$38,781
Jul 20133690102.523.72$37,830
Jun 2013184094.403.93$17,370
May 2013185094.834.15$17,544
Apr 2013342093.964.28$32,134
Mar 2013187093.623.91$17,507
Feb 2013186091.233.42$16,969
Jan 2013184091.603.42$16,854
Dec 2012365086.773.42$31,671
Nov 2012368086.953.62$31,998
Oct 2012365089.383.40$32,624
Sep 2012352094.672.92$33,324
Aug 2012360092.662.91$33,358
Jul 2012356085.133.02$30,306
Jun 2012342079.822.52$27,298
May 2012183091.612.49$16,765
Apr 20121800101.652.00$18,297
Mar 20121800105.052.22$18,909
Feb 20121820101.102.57$18,400
Jan 2012185098.092.73$18,147
Dec 2011185096.873.24$17,921
Nov 2011178095.723.31$17,038
Oct 2011358084.983.65$30,423
Sep 2011358083.623.99$29,936
Aug 2011367083.404.15$30,608
Jul 2011156094.144.52$14,686
Jun 2011325092.904.64$30,193
May 2011163098.134.40$15,995
Apr 20111590105.964.33$16,848
Mar 2011316096.364.06$30,450
Feb 2011159085.644.18$13,617
Jan 20110086.504.59$0
Dec 2010320085.734.35$27,434
Nov 2010164080.843.80$13,258
Oct 2010161078.103.51$12,574
Sep 2010334072.633.98$24,258
Aug 2010161073.684.42$11,862
Jul 2010482072.554.74$34,969
Jun 2010157070.364.91$11,047
May 2010164071.124.24$11,664
Apr 20100081.694.12$0
Mar 2010155078.394.39$12,150
Feb 2010160073.585.44$11,773
Jan 20100074.365.96$0
Dec 2009218071.445.48$15,574
Nov 2009166074.593.75$12,382
Oct 2009157072.544.11$11,389
Sep 2009166065.543.06$10,880
Aug 2009179067.423.22$12,068
Jul 2009187061.133.46$11,431
Jun 2009151066.163.90$9,990
May 2009189054.743.93$10,346
Apr 2009192046.773.59$8,980
Mar 2009200042.144.06$8,428
Feb 2009193032.814.63$6,332
Jan 2009204035.865.37$7,315
Dec 2008193037.105.98$7,160
Nov 2008189055.496.86$10,488
Oct 2008197075.246.92$14,822
Sep 20081990101.767.88$20,250
Aug 20081920114.228.48$21,930
Jul 20081940131.0811.39$25,430
Jun 20081910131.3313.03$25,084
May 20082010123.1711.57$24,757
Apr 20082000110.3110.45$22,062
Mar 20083540101.909.66$36,073
Feb 2008198092.538.77$18,321
Jan 2008198090.388.21$17,895
Dec 2007203088.337.30$17,931
Nov 2007393091.677.29$36,026
Oct 2007200082.856.92$16,570
Sep 2007208075.846.24$15,775
Aug 2007191069.066.39$13,190
Jul 2007174070.906.39$12,337
Jun 2007180062.007.55$11,160
May 2007177058.747.85$10,397
Apr 2007176059.617.81$10,491
Mar 2007370056.927.30$21,060
Feb 20070055.108.22$0
Jan 2007198050.306.73$9,959
Dec 2006202056.656.92$11,443
Nov 2006188054.207.62$10,190
Oct 2006147054.906.01$8,070
Sep 2006193060.085.04$11,595
Aug 2006279068.717.34$19,170
Jul 2006195069.376.34$13,527
Jun 2006202066.286.38$13,389
May 200692066.016.42$6,073
Apr 2006154064.397.36$9,916
Mar 20060056.707.08$0
Feb 2006147057.597.75$8,466
Jan 2006194060.598.93$11,754
Dec 2005197054.9413.42$10,823
Nov 200554054.6910.59$2,953
Oct 2005207058.3413.80$12,076
Sep 2005173061.4512.08$10,631
Aug 20050061.519.80$0
Jul 2005138055.697.84$7,685
Jun 20050052.337.38$0
May 2005181045.226.65$8,185
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 2005164045.226.31$7,416
Jan 20050043.166.32$0
Dec 2004177039.866.75$7,055
Nov 20040045.286.33$0
Oct 200495049.706.52$4,722
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 2004136037.486.49$5,097
Apr 2004185034.475.86$6,377
Mar 2004172034.365.53$5,910
Feb 2004196032.455.51$6,360
Jan 2004187032.036.30$5,990
Dec 2003201030.266.30$6,082
Nov 2003186028.804.60$5,357
Oct 2003154028.174.76$4,338
Sep 200374026.314.75$1,947
Aug 2003143029.765.13$4,256
Jul 2003189029.415.17$5,558
Jun 2003195028.565.98$5,569
May 2003188026.595.97$4,999
Apr 2003210026.675.41$5,601
Mar 2003213031.146.10$6,633
Feb 2003207033.487.93$6,930
Jan 2003206030.315.58$6,244
Dec 2002195026.914.85$5,247
Nov 2002184024.664.14$4,537
Oct 2002268026.464.23$7,091
Sep 2002186027.443.64$5,104
Aug 2002365025.963.16$9,475
Jul 2002184024.583.06$4,523
Jun 2002260023.733.34$6,170
May 2002252024.663.58$6,214
Apr 2002180023.653.51$4,257
Mar 2002531022.003.10$11,682
Feb 2002550018.222.38$10,021
Jan 2002180017.172.38$3,091
Dec 2001179016.932.36$3,030
Nov 2001187018.072.41$3,379
Oct 2001187019.782.53$3,699
Sep 2001160024.262.25$3,882
Aug 2001150024.873.05$3,731
Jul 2001190023.933.20$4,547
Jun 2001185024.563.82$4,544
May 2001141025.524.31$3,598
Apr 2001194024.685.34$4,788
Mar 2001174024.545.38$4,270
Feb 2001201027.755.77$5,578
Jan 2001192027.478.40$5,274
Dec 2000195026.889.12$5,242
Nov 2000196032.215.66$6,313
Oct 2000196031.235.15$6,121
Sep 2000194031.875.19$6,183
Aug 2000196029.644.54$5,809
Jul 2000197028.534.09$5,620
Jun 2000201029.304.40$5,889
May 2000152027.263.68$4,144
Apr 2000136024.513.12$3,333
Mar 2000197028.422.86$5,599
Feb 2000108027.622.73$2,983
Jan 2000168025.272.48$4,245
Dec 1999401024.282.42$9,736
Nov 19990023.192.43$0
Oct 1999196020.982.80$4,112
Sep 1999191021.752.62$4,154
Aug 1999192019.262.88$3,698
Jul 1999180017.892.37$3,220
Jun 1999181015.942.36$2,885
May 1999192015.792.32$3,032
Apr 1999195015.102.21$2,945
Mar 1999397012.471.84$4,951
Feb 199928709.981.82$2,864
Jan 1999283010.381.90$2,938
Dec 199818709.201.77$1,720
Nov 1998398010.892.19$4,334
Oct 1998282012.421.97$3,502
Sep 1998385012.592.08$4,847
Aug 1998392011.301.91$4,430
Jul 1998386011.742.24$4,532
Jun 1998196011.242.24$2,203
May 1998197012.622.21$2,486
Apr 1998197013.042.51$2,569
Mar 1998203012.802.31$2,598
Feb 1998202013.952.30$2,818
Jan 1998195014.702.15$2,867
Dec 19971048516.322.41$1,902
Nov 199720419518.193.09$4,313
Oct 199718016919.253.15$3,997
Sep 19972023817.742.95$3,696
Aug 19973932517.862.55$7,083
Jul 1997199017.582.25$3,498
Jun 1997307017.242.26$5,293
May 1997119018.972.31$2,257
Apr 1997126017.882.08$2,253
Mar 199770018.951.94$1,327
Feb 1997253020.492.21$5,184
Jan 1997131023.483.54$3,076
Dec 1996129023.32$3,008
Nov 1996126021.97$2,768
Oct 1996125023.31$2,914
Sep 1996130022.22$2,889
Aug 1996129020.26$2,614
Jul 1996247019.55$4,829
Jun 19960018.73$0
May 1996185019.43$3,595
Apr 1996256021.51$5,507
Mar 1996151019.38$2,926
Feb 1996131016.98$2,224
Jan 1996199017.07$3,397
Dec 1995255017.19$4,383
Nov 1995252016.00$4,032
Oct 1995128015.43$1,975
Sep 1995171016.18$2,767
Aug 1995125015.92$1,990
Jul 1995126015.24$1,920
Jun 1995127016.41$2,084
May 1995210017.56$3,688
Apr 1995173017.73$3,067
Mar 1995303016.44$4,981
Feb 1995260016.58$4,311
Jan 19953256915.92$5,174
Dec 19942866915.03$4,299
Nov 1994130015.90$2,067
Oct 1994311015.58$4,845
Sep 19941316515.29$2,003
Aug 199425710816.13$4,145
Jul 199424714917.56$4,337
Jun 199413215217.09$2,256
May 199425615815.88$4,065
Apr 199425113214.14$3,549
Mar 19941255412.46$1,558
Feb 1994011912.50$0
Jan 19941321512.66$1,671
Dec 1993199112.33$2,454
Nov 1993130114.49$1,884
Oct 19931332815.85$2,108
Sep 19932589715.03$3,878
Aug 19931329215.66$2,067
Jul 199312310915.46$1,902
Jun 199325212516.79$4,231
May 199312912717.68$2,281
Apr 19931994618.05$3,592
Mar 199325317618.14$4,589
Feb 199326314417.90$4,708
Jan 199324917916.93$4,216

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                  162 bbl  × $106.41 =    $17,238
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $17,238

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/187 is the state's own key, not one this site invented.