GEORGE

Operated by PETCO ENERGY CORPORATION (P-5 657795) 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 232District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$979 k
Jan 1993 – May 2026
Value, last 12 filed months
$21 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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition20,927 bbl$935,371
Casinghead gasProduction15,642 Mcf$43,784
Total$979,155

5,683 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 (5)

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 35.5219, -101.0367. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.52159, -101.03645 · 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
80.0%
4 of 5 wells
With a plug date
80.0%
4 of 5 wells
Median depth
3,280 ft
5 wells filed one
Completion to plug
72.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
480.0%
A plug date is filed
480.0%
BothOn the schedule and plugged. Neither fact cancels the other.
480.0%
NeitherNo plug date, and not on the schedule.
120.0%

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 3,250 and 3,760 ft, median 3,280 ft, over the 5 wells that filed a depth.

Completions filed
Dec 1949 – Oct 1989
2 of 5 wells; 3 filed none
Plug dates filed
Jul 1974 – Jun 2022
4 of 5 wells; 1 filed none

Last completion to plug: a median of 72.5 years across the 1 well that filed both dates, with the middle half between 72.5 years and 72.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-1790713443,280 ftSep 1987Yes
42-1798124923,250 ftJun 2022Yes
42-1798125033,315 ftJul 1974Yes
42-1793194763,760 ftOct 1989
42-1790713553,275 ftDec 1949Jun 2022Yes

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 2026180106.413.05$1,915
Apr 202626098.932.87$2,572
Mar 202627089.753.15$2,423
Feb 202694063.503.75$5,969
Jan 20268059.138.00$473
Dec 20259056.664.41$510
Nov 202518058.593.93$1,055
Oct 20259059.383.30$534
Sep 20258062.743.08$502
Aug 202527063.933.01$1,726
Jul 202517066.743.32$1,135
Jun 202526066.483.13$1,728
May 202518060.553.23$1,090
Apr 202527062.363.54$1,684
Mar 20259067.704.27$609
Feb 202525070.884.34$1,772
Jan 202526074.324.28$1,932
Dec 20249068.993.12$621
Nov 202427069.052.20$1,864
Oct 20248071.372.28$571
Sep 202425069.612.36$1,740
Aug 202416075.632.06$1,210
Jul 202417079.932.15$1,359
Jun 202434078.082.63$2,655
May 20249078.812.20$709
Apr 202418084.451.66$1,520
Mar 202427080.301.55$2,168
Feb 202426076.091.78$1,978
Jan 20240073.023.30$0
Dec 202344071.262.61$3,135
Nov 202327077.892.81$2,103
Oct 20239085.443.09$769
Sep 202327089.042.74$2,404
Aug 202327080.522.67$2,174
Jul 202318074.852.64$1,347
Jun 202327068.962.26$1,862
May 202335070.622.23$2,472
Apr 202318078.122.24$1,406
Mar 202344072.852.39$3,205
Feb 202317075.112.47$1,277
Jan 202334076.533.39$2,602
Dec 202218076.415.73$1,375
Nov 202218085.005.65$1,530
Oct 202226087.185.86$2,267
Sep 202218084.888.16$1,528
Aug 202218094.529.13$1,701
Jul 2022170101.587.54$1,727
Jun 202200115.097.98$0
May 2022170109.378.43$1,859
Apr 2022180104.226.84$1,876
Mar 2022430108.885.08$4,682
Feb 202216091.054.86$1,457
Jan 202226081.844.54$2,128
Dec 202118071.323.90$1,284
Nov 202118077.435.24$1,394
Oct 202142079.795.71$3,351
Sep 20210069.865.35$0
Aug 202126066.024.22$1,717
Jul 202125070.783.98$1,770
Jun 202125069.493.38$1,737
May 202118063.483.02$1,143
Apr 202117060.362.76$1,026
Mar 202125061.302.72$1,533
Feb 202118057.805.55$1,040
Jan 202124050.412.81$1,210
Dec 20208044.642.68$357
Nov 202017038.772.71$659
Oct 20200036.972.48$0
Sep 202026037.091.99$964
Aug 202035039.982.39$1,399
Jul 202022038.371.83$844
Jun 202035034.901.69$1,222
May 202025016.921.81$423
Apr 202025014.751.80$369
Mar 202034030.341.86$1,032
Feb 202043049.881.98$2,145
Jan 202036057.252.09$2,061
Dec 201918059.012.30$1,062
Nov 201936055.302.75$1,991
Oct 201927053.472.42$1,444
Sep 201935055.052.66$1,927
Aug 201935053.112.30$1,859
Jul 201953056.272.46$2,982
Jun 201935052.782.49$1,847
May 201935058.482.74$2,047
Apr 201927062.632.75$1,691
Mar 201927056.803.06$1,534
Feb 201918050.852.79$915
Jan 201927046.033.23$1,243
Dec 201845046.594.19$2,097
Nov 201827052.934.24$1,429
Oct 201817061.443.40$1,044
Sep 201826059.543.11$1,548
Aug 201826059.403.07$1,544
Jul 201844065.142.93$2,866
Jun 201826060.183.08$1,565
May 201845065.382.90$2,942
Apr 201836063.842.90$2,298
Mar 201836061.222.79$2,204
Feb 201827061.782.77$1,668
Jan 201836062.874.01$2,263
Dec 201736057.272.92$2,062
Nov 201727055.423.12$1,496
Oct 201726049.292.98$1,282
Sep 201735047.523.09$1,663
Aug 201726045.373.00$1,180
Jul 201726043.873.09$1,141
Jun 201751042.493.09$2,167
May 201726045.373.26$1,180
Apr 201727047.933.21$1,294
Mar 201744046.772.98$2,058
Feb 201727050.452.95$1,362
Jan 201744049.413.42$2,174
Dec 201627048.763.72$1,317
Nov 201636042.492.64$1,530
Oct 201635046.193.09$1,617
Sep 201636041.553.10$1,496
Aug 201627041.442.92$1,119
Jul 201645041.622.92$1,873
Jun 201645045.352.69$2,041
May 201627042.521.99$1,148
Apr 201635036.561.99$1,280
Mar 201618033.011.79$594
Feb 201645026.472.06$1,191
Jan 201627027.352.36$738
Dec 201545032.362.00$1,456
Nov 201527038.792.17$1,047
Oct 201527043.552.43$1,176
Sep 201536042.992.76$1,548
Aug 201536040.162.87$1,446
Jul 201536048.152.95$1,733
Jun 201527056.152.88$1,516
May 201518055.212.96$994
Apr 201536049.822.71$1,794
Mar 201544042.892.93$1,887
Feb 201517044.662.98$759
Jan 201527043.433.10$1,173
Dec 201444054.693.59$2,406
Nov 201427070.464.25$1,902
Oct 201445078.303.90$3,524
Sep 201444086.164.05$3,791
Aug 201427089.394.04$2,414
Jul 201445096.564.18$4,345
Jun 201454098.164.74$5,301
May 201436094.734.73$3,410
Apr 201446095.944.81$4,413
Mar 201463095.895.06$6,041
Feb 201426097.406.19$2,532
Jan 201427090.404.86$2,441
Dec 201352091.824.35$4,775
Nov 201335088.853.74$3,110
Oct 20135340797.423.78$6,701
Sep 2013350104.113.72$3,644
Aug 2013610104.253.52$6,359
Jul 2013340102.523.72$3,486
Jun 201335094.403.93$3,304
May 201361094.834.15$5,785
Apr 201317093.964.28$1,597
Mar 201352093.623.91$4,868
Feb 201344091.233.42$4,014
Jan 201344091.603.42$4,030
Dec 201253086.773.42$4,599
Nov 201244086.953.62$3,826
Oct 201252089.383.40$4,648
Sep 201235094.672.92$3,313
Aug 201244092.662.91$4,077
Jul 201270085.133.02$5,959
Jun 201235079.822.52$2,794
May 201252091.612.49$4,764
Apr 2012700101.652.00$7,116
Mar 2012520105.052.22$5,463
Feb 2012610101.102.57$6,167
Jan 201252098.092.73$5,101
Dec 201170096.873.24$6,781
Nov 201160095.723.31$5,743
Oct 201135084.983.65$2,974
Sep 201168083.623.99$5,686
Aug 201161083.404.15$5,087
Jul 201161094.144.52$5,743
Jun 201161092.904.64$5,667
May 201186098.134.40$8,439
Apr 2011790105.964.33$8,371
Mar 201143096.364.06$4,143
Feb 201152085.644.18$4,453
Jan 201152086.504.59$4,498
Dec 201043085.734.35$3,686
Nov 201079080.843.80$6,386
Oct 201041078.103.51$3,202
Sep 201061072.633.98$4,430
Aug 201051073.684.42$3,758
Jul 201068072.554.74$4,933
Jun 201061070.364.91$4,292
May 201077071.124.24$5,476
Apr 201025081.694.12$2,042
Mar 201057078.394.39$4,468
Feb 201026073.585.44$1,913
Jan 201056074.365.96$4,164
Dec 200952071.445.48$3,715
Nov 200969074.593.75$5,147
Oct 200968072.544.11$4,933
Sep 200970065.543.06$4,588
Aug 200952067.423.22$3,506
Jul 200960061.133.46$3,668
Jun 200951066.163.90$3,374
May 200925054.743.93$1,369
Apr 200950046.773.59$2,339
Mar 200959042.144.06$2,486
Feb 200952132.814.63$1,711
Jan 200949035.865.37$1,757
Dec 200858037.105.98$2,152
Nov 200869155.496.86$3,836
Oct 200832175.246.92$2,415
Sep 20085617101.767.88$5,832
Aug 20085112114.228.48$5,927
Jul 20085923131.0811.39$7,996
Jun 2008440131.3313.03$5,779
May 20084232123.1711.57$5,544
Apr 20084314110.3110.45$4,890
Mar 20085122101.909.66$5,410
Feb 200865192.538.77$6,023
Jan 200835690.388.21$3,213
Dec 2007271888.337.30$2,516
Nov 2007451291.677.29$4,213
Oct 2007353482.856.92$3,135
Sep 2007522875.846.24$4,119
Aug 2007702569.066.39$4,994
Jul 2007703870.906.39$5,206
Jun 2007355462.007.55$2,578
May 2007525858.747.85$3,510
Apr 2007694159.617.81$4,433
Mar 2007535156.927.30$3,389
Feb 200736155.108.22$1,992
Jan 200760050.306.73$3,018
Dec 200635056.656.92$1,983
Nov 2006473554.207.62$2,814
Oct 2006522954.906.01$3,029
Sep 2006703660.085.04$4,387
Aug 2006703068.717.34$5,030
Jul 2006874869.376.34$6,340
Jun 2006784866.286.38$5,476
May 2006775366.016.42$5,423
Apr 2006444964.397.36$3,194
Mar 2006624756.707.08$3,848
Feb 2006353457.597.75$2,279
Jan 2006636260.598.93$4,371
Dec 2005545354.9413.42$3,678
Nov 2005734154.6910.59$4,426
Oct 2005466058.3413.80$3,511
Sep 2005634361.4512.08$4,391
Aug 2005811961.519.80$5,168
Jul 2005633555.697.84$3,783
Jun 2005995952.337.38$5,616
May 2005635845.226.65$3,235
Apr 2005725949.207.36$3,977
Mar 2005626250.377.15$3,567
Feb 20053619345.226.31$2,846
Jan 2005454343.166.32$2,214
Dec 2004723839.866.75$3,126
Nov 2004545545.286.33$2,793
Oct 2004725749.706.52$3,950
Sep 2004898343.245.28$4,287
Aug 20048917842.375.55$4,759
Jul 20048114038.286.08$3,952
Jun 2004717436.106.43$3,039
May 20041005937.486.49$4,131
Apr 2004736034.475.86$2,868
Mar 2004996334.365.53$3,750
Feb 20041006632.455.51$3,609
Jan 2004645332.036.30$2,384
Dec 2003705130.266.30$2,440
Nov 2003904128.804.60$2,780
Oct 2003724328.174.76$2,233
Sep 2003729626.314.75$2,350
Aug 2003625729.765.13$2,138
Jul 2003894929.415.17$2,871
Jun 2003726128.565.98$2,421
May 2003985026.595.97$2,904
Apr 2003905126.675.41$2,676
Mar 20031076031.146.10$3,698
Feb 2003726033.487.93$2,886
Jan 2003894630.315.58$2,954
Dec 2002785126.914.85$2,347
Nov 2002544924.664.14$1,534
Oct 2002625726.464.23$1,882
Sep 2002718727.443.64$2,265
Aug 2002633525.963.16$1,746
Jul 20023513824.583.06$1,283
Jun 20026312323.733.34$1,906
May 20025411824.663.58$1,755
Apr 20027011423.653.51$2,056
Mar 2002628922.003.10$1,640
Feb 2002543818.222.38$1,074
Jan 2002737717.172.38$1,436
Dec 2001526116.932.36$1,025
Nov 2001525718.072.41$1,077
Oct 2001639219.782.53$1,479
Sep 20014712624.262.25$1,424
Aug 2001607524.873.05$1,721
Jul 20015612323.933.20$1,733
Jun 20015910124.563.82$1,835
May 20014410125.524.31$1,558
Apr 2001628724.685.34$1,994
Mar 2001596524.545.38$1,797
Feb 2001429927.755.77$1,736
Jan 2001638327.478.40$2,428
Dec 2000637826.889.12$2,405
Nov 2000688032.215.66$2,643
Oct 2000578931.235.15$2,238
Sep 2000567031.875.19$2,148
Aug 2000608029.644.54$2,142
Jul 2000658328.534.09$2,194
Jun 2000409429.304.40$1,585
May 2000549627.263.68$1,825
Apr 2000676524.513.12$1,845
Mar 2000565528.422.86$1,749
Feb 2000568227.622.73$1,770
Jan 2000608125.272.48$1,717
Dec 1999509724.282.42$1,449
Nov 1999589223.192.43$1,569
Oct 19997711020.982.80$1,924
Sep 1999144721.752.62$428
Aug 1999558619.262.88$1,307
Jul 19991206817.892.37$2,308
Jun 1999859315.942.36$1,575
May 19991198015.792.32$2,065
Apr 19991289715.102.21$2,147
Mar 19997610712.471.84$1,144
Feb 1999138789.981.82$1,519
Jan 1999648610.381.90$828
Dec 199801109.201.77$195
Nov 199806510.892.19$142
Oct 199818410312.421.97$2,488
Sep 1998337412.592.08$570
Aug 1998928211.301.91$1,196
Jul 19981599311.742.24$2,075
Jun 1998349111.242.24$586
May 1998377312.622.21$628
Apr 1998679413.042.51$1,109
Mar 19984310212.802.31$786
Feb 1998572313.952.30$848
Jan 1998507414.702.15$894
Dec 1997444916.322.41$836
Nov 1997369918.193.09$961
Oct 19973511919.253.15$1,049
Sep 19975011517.742.95$1,227
Aug 19976010917.862.55$1,350
Jul 19975211617.582.25$1,175
Jun 19975211517.242.26$1,156
May 19979110618.972.31$1,971
Apr 19974210717.882.08$974
Mar 19976510818.951.94$1,441
Feb 1997589620.492.21$1,400
Jan 19978111223.483.54$2,298
Dec 1996858123.32$1,982
Nov 1996359721.97$769
Oct 19967210523.31$1,678
Sep 19966811922.22$1,511
Aug 1996729720.26$1,459
Jul 19966810519.55$1,329
Jun 1996789618.73$1,461
May 199610611219.43$2,060
Apr 19965210321.51$1,119
Mar 199610412619.38$2,016
Feb 19968710616.98$1,477
Jan 199611513417.07$1,963
Dec 19958911017.19$1,530
Nov 1995879716.00$1,392
Oct 199510210415.43$1,574
Sep 199510010216.18$1,618
Aug 19959910715.92$1,576
Jul 199511811815.24$1,798
Jun 19959911216.41$1,625
May 19957310517.56$1,282
Apr 19958910717.73$1,578
Mar 19957211016.44$1,184
Feb 19951249216.58$2,056
Jan 19959012815.92$1,433
Dec 19946812715.03$1,022
Nov 1994709715.90$1,113
Oct 19949512015.58$1,480
Sep 1994577015.29$872
Aug 19946711816.13$1,081
Jul 19946610017.56$1,159
Jun 19948012017.09$1,367
May 19949411715.88$1,493
Apr 199410912514.14$1,541
Mar 19948412612.46$1,047
Feb 19946311812.50$788
Jan 19948914412.66$1,127
Dec 199313813212.33$1,702
Nov 199314012914.49$2,029
Oct 199312613415.85$1,997
Sep 19937612415.03$1,142
Aug 199311410015.66$1,785
Jul 199312614715.46$1,948
Jun 199311014916.79$1,847
May 199315616117.68$2,758
Apr 199313814118.05$2,491
Mar 199314717118.14$2,667
Feb 19937018217.90$1,253
Jan 19939415816.93$1,591

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                   18 bbl  × $106.41 =     $1,915
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $1,915

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/232 is the state's own key, not one this site invented.