MEERS -C-

Operated by LARGE OPERATING LLC (P-5 486623) 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 237District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$62 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
NGPA4none

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
OilDisposition36,487 bbl$2,283,993
Casinghead gasProduction73,791 Mcf$262,217
Total$2,546,210

13,151 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 35.4844, -100.9681. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.48421, -100.96746 · 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
20.0%
1 of 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
3,247 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

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

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

The one well that filed a depth was drilled to 3,247 ft.

Plug dates filed
Feb 2016
1 of 5 wells; 4 filed none

5 wells

42-179006869W3,247 ftFeb 2016Yes
42-179812645
42-179812657
42-1798126710
42-1798126812

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 2026147089.753.15$13,193
Feb 2026161063.503.75$10,224
Jan 20260059.138.00$0
Dec 2025149056.664.41$8,442
Nov 20250058.593.93$0
Oct 2025177059.383.30$10,510
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025144066.743.32$9,611
Jun 2025157066.483.13$10,437
May 2025169060.553.23$10,233
Apr 2025143062.363.54$8,917
Mar 2025153067.704.27$10,358
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024307068.993.12$21,180
Nov 20240069.052.20$0
Oct 2024160071.372.28$11,419
Sep 20240069.612.36$0
Aug 2024169075.632.06$12,781
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024183078.812.20$14,422
Apr 20240084.451.66$0
Mar 2024134080.301.55$10,760
Feb 20240076.091.78$0
Jan 2024118073.023.30$8,616
Dec 20230071.262.61$0
Nov 2023138077.892.81$10,749
Oct 2023119085.443.09$10,167
Sep 20230089.042.74$0
Aug 202398080.522.67$7,891
Jul 20230074.852.64$0
Jun 2023151068.962.26$10,413
May 20230070.622.23$0
Apr 2023104078.122.24$8,124
Mar 2023121072.852.39$8,815
Feb 202390075.112.47$6,760
Jan 2023119076.533.39$9,107
Dec 2022104076.415.73$7,947
Nov 2022101085.005.65$8,585
Oct 2022162087.185.86$14,123
Sep 20220084.888.16$0
Aug 2022234094.529.13$22,118
Jul 20221020101.587.54$10,361
Jun 202200115.097.98$0
May 20221380109.378.43$15,093
Apr 2022600104.226.84$6,253
Mar 2022550108.885.08$5,988
Feb 20220091.054.86$0
Jan 202267081.844.54$5,483
Dec 2021138071.323.90$9,842
Nov 2021129077.435.24$9,988
Oct 20210079.795.71$0
Sep 2021120069.865.35$8,383
Aug 20210066.024.22$0
Jul 2021116070.783.98$8,210
Jun 2021159069.493.38$11,049
May 2021355063.483.02$22,535
Apr 2021135060.362.76$8,149
Mar 2021172061.302.72$10,544
Feb 20210057.805.55$0
Jan 2021167050.412.81$8,418
Dec 2020159044.642.68$7,098
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020115039.982.39$4,598
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 2020134057.252.09$7,672
Dec 20190059.012.30$0
Nov 201944055.302.75$2,433
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 201930058.482.74$1,754
Apr 201964062.632.75$4,008
Mar 201959056.803.06$3,351
Feb 201989050.852.79$4,526
Jan 201910413846.033.23$5,233
Dec 20188227846.594.19$4,984
Nov 20189225452.934.24$5,946
Oct 2018924861.443.40$5,816
Sep 201810028259.543.11$6,830
Aug 201814133759.403.07$9,409
Jul 201817839365.142.93$12,747
Jun 2018034760.183.08$1,068
May 20187026765.382.90$5,351
Apr 2018130063.842.90$8,299
Mar 2018123061.222.79$7,530
Feb 201899061.782.77$6,116
Jan 20186521862.874.01$4,961
Dec 201713323057.272.92$8,289
Nov 201715330655.423.12$9,433
Oct 2017032449.292.98$967
Sep 2017030647.523.09$945
Aug 20179228945.373.00$5,042
Jul 20179033143.873.09$4,970
Jun 201713336742.493.09$6,784
May 201712441445.373.26$6,977
Apr 201715632247.933.21$8,511
Mar 2017034546.772.98$1,029
Feb 201727015950.452.95$14,091
Jan 2017034649.413.42$1,183
Dec 201616239948.763.72$9,385
Nov 201614035942.492.64$6,898
Oct 201611740546.193.09$6,656
Sep 201617414041.553.10$7,664
Aug 201617616041.442.92$7,761
Jul 2016031041.622.92$907
Jun 201618128645.352.69$8,977
May 201617641042.521.99$8,300
Apr 2016041036.561.99$816
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 20150042.992.76$0
Aug 2015061040.162.87$1,752
Jul 2015015448.152.95$454
Jun 201517128256.152.88$10,415
May 2015028255.212.96$833
Apr 201518228249.822.71$9,830
Mar 2015040442.892.93$1,186
Feb 201517330744.662.98$8,640
Jan 2015019043.433.10$589
Dec 201417344354.693.59$11,052
Nov 201417843770.464.25$14,400
Oct 201418025178.303.90$15,073
Sep 201417122886.164.05$15,656
Aug 201417325089.394.04$16,473
Jul 201417222596.564.18$17,549
Jun 201418219798.164.74$18,798
May 201417017594.734.73$16,931
Apr 201417614795.944.81$17,592
Mar 20141757195.895.06$17,140
Feb 201434410897.406.19$34,174
Jan 201417121690.404.86$16,508
Dec 201316837391.824.35$17,050
Nov 201317045488.853.74$16,802
Oct 201316630997.423.78$17,340
Sep 2013174430104.113.72$19,714
Aug 2013172422104.253.52$19,418
Jul 2013167433102.523.72$18,731
Jun 201316933294.403.93$17,259
May 201317627094.834.15$17,810
Apr 201317528393.964.28$17,655
Mar 201318034393.623.91$18,194
Feb 2013029691.233.42$1,012
Jan 201334344191.603.42$32,927
Dec 201216629086.773.42$15,396
Nov 201217146086.953.62$16,536
Oct 201233340089.383.40$31,123
Sep 2012040494.672.92$1,179
Aug 201217748192.662.91$17,800
Jul 201234151785.133.02$30,591
Jun 201234854679.822.52$29,153
May 2012047091.612.49$1,170
Apr 2012339552101.652.00$35,562
Mar 2012336555105.052.22$36,530
Feb 2012341557101.102.57$35,907
Jan 201218147798.092.73$19,058
Dec 201118233696.873.24$18,719
Nov 201151555595.723.31$51,134
Oct 201135967084.983.65$32,952
Sep 201134961783.623.99$31,643
Aug 201134567383.404.15$31,565
Jul 201134675394.144.52$35,974
Jun 201134555992.904.64$34,644
May 2011507098.134.40$49,752
Apr 2011488680105.964.33$54,655
Mar 201133898796.364.06$36,574
Feb 201151267185.644.18$46,652
Jan 201149246486.504.59$44,687
Dec 201008085.734.35$348
Nov 2010010980.843.80$414
Oct 201009178.103.51$319
Sep 20101805672.633.98$13,296
Aug 2010015273.684.42$672
Jul 20101694472.554.74$12,469
Jun 2010014470.364.91$707
May 201005471.124.24$229
Apr 20100081.694.12$0
Mar 201017311478.394.39$14,062
Feb 201009173.585.44$495
Jan 2010010474.365.96$620
Dec 2009012971.445.48$707
Nov 2009014174.593.75$529
Oct 200907172.544.11$292
Sep 200917711465.543.06$11,950
Aug 2009012367.423.22$396
Jul 2009015861.133.46$547
Jun 200918113966.163.90$12,516
May 2009014854.743.93$581
Apr 2009014346.773.59$513
Mar 2009014542.144.06$589
Feb 200917613832.814.63$6,414
Jan 2009015935.865.37$854
Dec 2008017237.105.98$1,028
Nov 200817410355.496.86$10,362
Oct 2008010975.246.92$755
Sep 20080155101.767.88$1,221
Aug 20080190114.228.48$1,612
Jul 2008178152131.0811.39$25,063
Jun 2008178155131.3313.03$25,397
May 20080116123.1711.57$1,343
Apr 2008174140110.3110.45$20,658
Mar 20080124101.909.66$1,198
Feb 2008014592.538.77$1,272
Jan 200818316090.388.21$17,852
Dec 200717914988.337.30$16,899
Nov 2007014091.677.29$1,021
Oct 2007018682.856.92$1,287
Sep 200717318675.846.24$14,282
Aug 2007017369.066.39$1,105
Jul 200717722370.906.39$13,974
Jun 2007018462.007.55$1,389
May 2007011158.747.85$871
Apr 200718115959.617.81$12,030
Mar 200717722356.927.30$11,703
Feb 2007060955.108.22$5,004
Jan 200718055250.306.73$12,767
Dec 2006011156.656.92$768
Nov 200616221654.207.62$10,426
Oct 200617521354.906.01$10,888
Sep 2006016060.085.04$806
Aug 2006021268.717.34$1,556
Jul 200617316369.376.34$13,035
Jun 2006018966.286.38$1,207
May 2006026366.016.42$1,690
Apr 200616731564.397.36$13,072
Mar 2006020156.707.08$1,424
Feb 2006014157.597.75$1,093
Jan 2006016960.598.93$1,510
Dec 200516814154.9413.42$11,121
Nov 2005016954.6910.59$1,789
Oct 2005036158.3413.80$4,980
Sep 2005047161.4512.08$5,689
Aug 200514735861.519.80$12,549
Jul 200517726555.697.84$11,936
Jun 2005021452.337.38$1,580
May 2005022645.226.65$1,503
Apr 2005018449.207.36$1,354
Mar 20050050.377.15$0
Feb 2005171045.226.31$7,733
Jan 2005015343.166.32$967
Dec 20040039.866.75$0
Nov 200406345.286.33$399
Oct 200416922849.706.52$9,885
Sep 2004022743.245.28$1,199
Aug 2004026442.375.55$1,465
Jul 200417510438.286.08$7,332
Jun 200405536.106.43$354
May 200417124037.486.49$7,968
Apr 2004023534.475.86$1,377
Mar 200417324434.365.53$7,294
Feb 2004025532.455.51$1,405
Jan 2004014132.036.30$888
Dec 200307530.266.30$473
Nov 2003014428.804.60$662
Oct 200317821028.174.76$6,014
Sep 2003014326.314.75$679
Aug 200317319629.765.13$6,154
Jul 2003020129.415.17$1,039
Jun 200307328.565.98$437
May 2003016626.595.97$991
Apr 2003020626.675.41$1,114
Mar 200316829931.146.10$7,054
Feb 2003024933.487.93$1,974
Jan 200316516830.315.58$5,939
Dec 200217222526.914.85$5,721
Nov 2002023824.664.14$985
Oct 2002029626.464.23$1,252
Sep 2002022527.443.64$818
Aug 200217816125.963.16$5,130
Jul 2002012024.583.06$367
Jun 2002012923.733.34$431
May 200218110924.663.58$4,854
Apr 2002012523.653.51$439
Mar 200217912022.003.10$4,310
Feb 200206318.222.38$150
Jan 200202017.172.38$48
Dec 2001011616.932.36$274
Nov 200117815518.072.41$3,589
Oct 2001018319.782.53$463
Sep 200116816824.262.25$4,454
Aug 2001018724.873.05$571
Jul 200117121023.933.20$4,763
Jun 20011706224.563.82$4,412
May 200117618625.524.31$5,293
Apr 2001018024.685.34$960
Mar 2001011224.545.38$602
Feb 2001011227.755.77$646
Jan 2001014527.478.40$1,218
Dec 2000015026.889.12$1,368
Nov 2000016232.215.66$917
Oct 2000021631.235.15$1,111
Sep 200016622831.875.19$6,473
Aug 2000022629.644.54$1,026
Jul 2000019928.534.09$814
Jun 2000016729.304.40$734
May 2000020127.263.68$740
Apr 200016618824.513.12$4,654
Mar 200017619328.422.86$5,554
Feb 2000019827.622.73$540
Jan 200017121125.272.48$4,845
Dec 199916718224.282.42$4,496
Nov 199913314523.192.43$3,437
Oct 1999014020.982.80$393
Sep 1999014021.752.62$367
Aug 1999016719.262.88$480
Jul 1999015117.892.37$358
Jun 1999017615.942.36$416
May 1999017315.792.32$402
Apr 199917617715.102.21$3,048
Mar 1999014812.471.84$272
Feb 19990629.981.82$113
Jan 199909610.381.90$182
Dec 19981742199.201.77$1,989
Nov 1998029110.892.19$636
Oct 199807612.421.97$150
Sep 1998015912.592.08$331
Aug 199817222311.301.91$2,369
Jul 1998027111.742.24$606
Jun 199817826511.242.24$2,594
May 1998029512.622.21$651
Apr 199817029513.042.51$2,956
Mar 1998015612.802.31$360
Feb 199818338513.952.30$3,438
Jan 1998013314.702.15$287
Dec 1997011416.322.41$275
Nov 1997014318.193.09$442
Oct 199716715919.253.15$3,716
Sep 1997015717.742.95$464
Aug 199718418217.862.55$3,751
Jul 1997020217.582.25$454
Jun 1997022917.242.26$517
May 199717322618.972.31$3,804
Apr 1997021517.882.08$448
Mar 1997020718.951.94$401
Feb 1997021120.492.21$465
Jan 1997024123.483.54$853
Dec 199617423423.32$4,058
Nov 1996024221.97$0
Oct 199617527723.31$4,079
Sep 1996039622.22$0
Aug 199617021620.26$3,444
Jul 1996016119.55$0
Jun 199616922918.73$3,165
May 1996031119.43$0
Apr 199616530621.51$3,549
Mar 199617530519.38$3,392
Feb 1996032216.98$0
Jan 199616732817.07$2,851
Dec 1995038517.19$0
Nov 199505716.00$0
Oct 19951776415.43$2,731
Sep 1995022216.18$0
Aug 1995019315.92$0
Jul 1995029115.24$0
Jun 199517324816.41$2,839
May 1995029717.56$0
Apr 199517029117.73$3,014
Mar 1995028316.44$0
Feb 199518029116.58$2,984
Jan 1995026615.92$0
Dec 1994025615.03$0
Nov 199418225815.90$2,894
Oct 1994028315.58$0
Sep 1994025015.29$0
Aug 199417432416.13$2,807
Jul 1994026817.56$0
Jun 199417628317.09$3,008
May 199417731815.88$2,811
Apr 1994032214.14$0
Mar 199418234012.46$2,268
Feb 199415530512.50$1,938
Jan 199415231912.66$1,924
Dec 199315221112.33$1,874
Nov 1993028614.49$0
Oct 199316529215.85$2,615
Sep 199317930215.03$2,690
Aug 1993024015.66$0
Jul 1993014815.46$0
Jun 199317135016.79$2,871
May 1993051317.68$0
Apr 199317647618.05$3,177
Mar 1993027418.14$0
Feb 199316616517.90$2,971
Jan 1993015316.93$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.

Mar 2026 — as filed, then multipliedworked
Oil                  147 bbl  × $ 89.75 =    $13,193
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $13,193

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/237 is the state's own key, not one this site invented.