CRANK

Operated by PORTER OPERATING COMPANY, L.L.C. (P-5 671480) 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 194District 10Field 68873001OilCasinghead gasSaveExport
Value, all time
$551 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 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
OilDisposition10,299 bbl$505,559
Casinghead gasProduction37,624 Mcf$45,383
Total$550,942

22,912 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 (16)

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 35.5441, -101.0551. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles. 3 wells have no surveyed location and are left out of it.

35.54420, -101.05554 · centre of 13 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
6.3%
1 of 16 wells
With a plug date
6.3%
1 of 16 wells
Median depth
3,281 ft
12 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
16.3%
A plug date is filed
16.3%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1487.5%

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

Total depth in feet, 12 of 16 wells. Median 3,281 ft, with the middle half between 3,278 and 3,288 ft; the shallowest is 3,276 ft and the deepest 3,295 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 11 of 16 wells, Jan 1942 – Sep 1957. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 1942 – Sep 1957
11 of 16 wells; 5 filed none
Plug dates filed
Mar 1942
1 of 16 wells; 15 filed none

16 wells

42-179810801
42-1798108123,290 ftMar 1942
42-179810823
42-1798109012
42-1798109214
42-17900779163,284 ftSep 1957Yes
42-17900777153,295 ftSep 1957
42-17900773133,276 ftAug 1954
42-17981094A 43,276 ftAug 1954
42-17907255113,278 ftNov 1951
42-17907254103,281 ftMar 1951
42-1790725393,287 ftNov 1950
42-1798108683,278 ftJul 1949
42-1790725173,293 ftMar 1949
42-1790725063,278 ftDec 1948
42-1790727453,280 ftJan 1942

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 202381080.522.67$6,522
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 202031037.091.99$1,150
Aug 202019039.982.39$760
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 20190053.472.42$0
Sep 20190055.052.66$0
Aug 2019113053.112.30$6,001
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 201870052.934.24$3,705
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 201886061.222.79$5,265
Feb 20180061.782.77$0
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 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 201785046.772.98$3,975
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 201658042.492.64$2,464
Oct 20160046.193.09$0
Sep 201664041.553.10$2,659
Aug 20160041.442.92$0
Jul 201635041.622.92$1,457
Jun 20160545.352.69$13
May 20160442.521.99$8
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 2016171027.352.36$4,677
Dec 20150032.362.00$0
Nov 20150138.792.17$2
Oct 20150043.552.43$0
Sep 201502142.992.76$58
Aug 201504440.162.87$126
Jul 20150248.152.95$6
Jun 201516825156.152.88$10,157
May 2015011855.212.96$349
Apr 2015011549.822.71$311
Mar 2015017742.892.93$519
Feb 2015013644.662.98$405
Jan 2015013443.433.10$415
Dec 201407154.693.59$255
Nov 201417012270.464.25$12,497
Oct 2014014978.303.90$581
Sep 2014015486.164.05$623
Aug 2014019589.394.04$787
Jul 2014041096.564.18$1,714
Jun 201417935598.164.74$19,252
May 2014039794.734.73$1,876
Apr 2014040495.944.81$1,943
Mar 201417040295.895.06$18,334
Feb 201401497.406.19$87
Jan 20140090.404.86$0
Dec 201305691.824.35$244
Nov 20131723488.853.74$15,409
Oct 2013175297.423.78$17,056
Sep 201300104.113.72$0
Aug 20130115104.253.52$405
Jul 20130166102.523.72$617
Jun 201318016794.403.93$17,649
May 2013020794.834.15$859
Apr 2013033693.964.28$1,439
Mar 201317650093.623.91$18,434
Feb 2013033591.233.42$1,146
Jan 201317119491.603.42$16,327
Dec 2012036786.773.42$1,255
Nov 2012032386.953.62$1,171
Oct 2012180089.383.40$16,088
Sep 2012029394.672.92$855
Aug 20120092.662.91$0
Jul 2012173085.133.02$14,727
Jun 20120079.822.52$0
May 2012355091.612.49$32,522
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012338098.092.73$33,154
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011174083.404.15$14,512
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20111760105.964.33$18,649
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010173085.734.35$14,831
Nov 20100080.843.80$0
Oct 2010185078.103.51$14,449
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 2010171072.554.74$12,406
Jun 20100070.364.91$0
May 2010185071.124.24$13,157
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 2009180071.445.48$12,859
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009179054.743.93$9,798
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 2008180075.246.92$13,543
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
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 2007172062.007.55$10,664
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 2006172064.397.36$11,075
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040139.866.75$7
Nov 20040145.286.33$6
Oct 20040149.706.52$7
Sep 20040143.245.28$5
Aug 20040142.375.55$6
Jul 20040138.286.08$6
Jun 20040136.106.43$6
May 20040137.486.49$6
Apr 20040134.475.86$6
Mar 20040134.365.53$6
Feb 20040132.455.51$6
Jan 20040132.036.30$6
Dec 20030130.266.30$6
Nov 20030128.804.60$5
Oct 20030128.174.76$5
Sep 20030126.314.75$5
Aug 20030129.765.13$5
Jul 20030129.415.17$5
Jun 20030128.565.98$6
May 20030126.595.97$6
Apr 20030126.675.41$5
Mar 20030131.146.10$6
Feb 20030133.487.93$8
Jan 20030130.315.58$6
Dec 20020126.914.85$5
Nov 20020124.664.14$4
Oct 20020126.464.23$4
Sep 20020127.443.64$4
Aug 2002169125.963.16$4,390
Jul 20020124.583.06$3
Jun 20020123.733.34$3
May 20020124.663.58$4
Apr 20020123.653.51$4
Mar 2002162122.003.10$3,567
Feb 20020118.222.38$2
Jan 200201317.172.38$31
Dec 200106416.932.36$151
Nov 200104518.072.41$108
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 2000169027.263.68$4,607
Apr 20000024.513.12$0
Mar 20001666128.422.86$4,892
Feb 200001227.622.73$33
Jan 2000010125.272.48$251
Dec 199903024.282.42$73
Nov 199917019623.192.43$4,419
Oct 1999029720.982.80$833
Sep 1999028321.752.62$741
Aug 199917124119.262.88$3,986
Jul 199907517.892.37$178
Jun 199908715.942.36$206
May 199904815.792.32$111
Apr 19990215.102.21$4
Mar 199909912.471.84$182
Feb 19990969.981.82$175
Jan 1999014410.381.90$274
Dec 199801419.201.77$250
Nov 199809610.892.19$210
Oct 1998025712.421.97$506
Sep 1998026012.592.08$541
Aug 1998024711.301.91$471
Jul 1998020011.742.24$447
Jun 1998019611.242.24$439
May 1998021512.622.21$474
Apr 1998014313.042.51$358
Mar 1998022812.802.31$527
Feb 1998044813.952.30$1,030
Jan 19981699514.702.15$2,689
Dec 1997022216.322.41$535
Nov 1997018218.193.09$562
Oct 1997021919.253.15$690
Sep 1997026117.742.95$771
Aug 1997025917.862.55$662
Jul 1997027917.582.25$627
Jun 1997025817.242.26$582
May 1997026118.972.31$603
Apr 1997029717.882.08$619
Mar 199718564818.951.94$4,762
Feb 1997030020.492.21$662
Jan 1997029523.483.54$1,044
Dec 1996028723.32$0
Nov 1996029721.97$0
Oct 1996026123.31$0
Sep 1996014822.22$0
Aug 1996018320.26$0
Jul 1996024219.55$0
Jun 1996032818.73$0
May 1996022519.43$0
Apr 1996029821.51$0
Mar 199616529619.38$3,198
Feb 1996034616.98$0
Jan 1996040317.07$0
Dec 1995032917.19$0
Nov 1995028916.00$0
Oct 1995033115.43$0
Sep 1995048416.18$0
Aug 1995050715.92$0
Jul 199517039515.24$2,591
Jun 1995022916.41$0
May 1995034017.56$0
Apr 1995042617.73$0
Mar 1995046716.44$0
Feb 199516841716.58$2,785
Jan 1995053315.92$0
Dec 1994054815.03$0
Nov 199415959015.90$2,528
Oct 199416467715.58$2,555
Sep 1994060915.29$0
Aug 1994083416.13$0
Jul 199417293617.56$3,020
Jun 199417499317.09$2,974
May 1994038615.88$0
Apr 19940114.14$0
Mar 1994166112.46$2,068
Feb 19940112.50$0
Jan 19941729012.66$2,178
Dec 199317249312.33$2,121
Nov 199317267014.49$2,492
Oct 1993066515.85$0
Sep 199317271315.03$2,585
Aug 199334181215.66$5,340
Jul 199317178415.46$2,644
Jun 199317183016.79$2,871
May 199317379117.68$3,059
Apr 199317085518.05$3,069
Mar 199317377218.14$3,138
Feb 199317288417.90$3,079
Jan 199317491616.93$2,946

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.

Aug 2023 — as filed, then multipliedworked
Oil                   81 bbl  × $ 80.52 =     $6,522
Casinghead gas         0 Mcf  × $  2.67 =         $0

────────────────────────────────────────────────────
Month total                                   $6,522

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/194 is the state's own key, not one this site invented.