SANFORD -B-

Operated by LERA (P-5 496774) in the PANHANDLE CARSON COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2394District 10Field 68845001NGPA filingOilCasinghead gasSaveExport
Value, all time
$194 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 580 leases and 3,796 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil and gas
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 40 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

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
OilDisposition3,049 bbl$82,300
Casinghead gasProduction135,791 Mcf$111,443
Total$193,743

109,388 Mcf of this lease's gas, across 47 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 (2)

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 35.6136, -101.5535. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.61362, -101.55350 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
3,175 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 3,150 and 3,200 ft, median 3,175 ft, over the 2 wells that filed a depth.

Completions filed
May 1982
1 of 2 wells; 1 filed none
Plug dates filed
Aug 2007
1 of 2 wells; 1 filed none

2 wells

42-0650087013,200 ftAug 2007Yes
42-0653118723,150 ftMay 1982

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 20230080.522.67$0
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 20200037.091.99$0
Aug 20200039.982.39$0
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 20190053.112.30$0
Jul 2019118056.272.46$6,640
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 20180052.934.24$0
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 20180061.222.79$0
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 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201601045.352.69$27
May 20160142.521.99$2
Apr 201601336.561.99$26
Mar 20160233.011.79$4
Feb 201601726.472.06$35
Jan 201602327.352.36$54
Dec 201502432.362.00$48
Nov 201502938.792.17$63
Oct 201503043.552.43$73
Sep 201502742.992.76$74
Aug 201503240.162.87$92
Jul 201503548.152.95$103
Jun 201502756.152.88$78
May 201503055.212.96$89
Apr 201503349.822.71$89
Mar 201504542.892.93$132
Feb 201507344.662.98$217
Jan 201509343.433.10$288
Dec 201404554.693.59$162
Nov 201405970.464.25$251
Oct 2014016378.303.90$636
Sep 2014056886.164.05$2,298
Aug 201402,72289.394.04$10,984
Jul 2014019796.564.18$823
Jun 2014019298.164.74$909
May 2014018694.734.73$879
Apr 201406195.944.81$293
Mar 20140095.895.06$0
Feb 201437097.406.19$3,604
Jan 201415090.404.86$1,356
Dec 20130091.824.35$0
Nov 2013037688.853.74$1,406
Oct 2013038897.423.78$1,466
Sep 20130372104.113.72$1,383
Aug 20130398104.253.52$1,402
Jul 20130454102.523.72$1,688
Jun 201304894.403.93$189
May 201304194.834.15$170
Apr 2013682893.964.28$6,509
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 201303191.603.42$106
Dec 201203586.773.42$120
Nov 201203286.953.62$116
Oct 201205989.383.40$201
Sep 201202794.672.92$79
Aug 201204092.662.91$116
Jul 201204885.133.02$145
Jun 201203579.822.52$88
May 201203991.612.49$97
Apr 2012055101.652.00$110
Mar 20120131105.052.22$291
Feb 20120101101.102.57$260
Jan 2012011098.092.73$301
Dec 201109696.873.24$311
Nov 2011015095.723.31$497
Oct 2011026684.983.65$971
Sep 2011013183.623.99$522
Aug 20116011783.404.15$5,489
Jul 201106494.144.52$289
Jun 2011015092.904.64$696
May 2011015098.134.40$661
Apr 2011061105.964.33$264
Mar 2011010496.364.06$422
Feb 201105485.644.18$226
Jan 201107386.504.59$335
Dec 2010011485.734.35$496
Nov 2010011980.843.80$452
Oct 2010015678.103.51$547
Sep 201009872.633.98$390
Aug 201009573.684.42$420
Jul 2010011072.554.74$521
Jun 2010014770.364.91$722
May 2010012671.124.24$534
Apr 2010010881.694.12$445
Mar 201006278.394.39$272
Feb 2010012873.585.44$697
Jan 2010013574.365.96$805
Dec 2009011271.445.48$614
Nov 2009015174.593.75$566
Oct 2009015872.544.11$649
Sep 2009014265.543.06$435
Aug 2009013767.423.22$441
Jul 2009015261.133.46$527
Jun 2009017866.163.90$693
May 200920224154.743.93$12,004
Apr 2009015846.773.59$567
Mar 2009015942.144.06$645
Feb 2009013132.814.63$607
Jan 2009024035.865.37$1,289
Dec 2008024337.105.98$1,452
Nov 2008022055.496.86$1,509
Oct 2008024975.246.92$1,724
Sep 20080268101.767.88$2,111
Aug 20080230114.228.48$1,951
Jul 20080271131.0811.39$3,087
Jun 20080249131.3313.03$3,245
May 20080284123.1711.57$3,287
Apr 20080232110.3110.45$2,426
Mar 20080241101.909.66$2,329
Feb 200807892.538.77$684
Jan 200808190.388.21$665
Dec 200707688.337.30$555
Nov 200708191.677.29$591
Oct 200709282.856.92$637
Sep 200707275.846.24$450
Aug 2007014869.066.39$945
Jul 2007011470.906.39$728
Jun 2007011862.007.55$891
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 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 200539054.9413.42$2,143
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 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 2004358132.036.30$11,473
Dec 200307530.266.30$473
Nov 200307528.804.60$345
Oct 200307528.174.76$357
Sep 200307526.314.75$356
Aug 200307529.765.13$385
Jul 200307529.415.17$388
Jun 200307528.565.98$449
May 200307526.595.97$448
Apr 200307526.675.41$406
Mar 200307531.146.10$457
Feb 200307533.487.93$594
Jan 200307530.315.58$419
Dec 200207526.914.85$364
Nov 200207524.664.14$310
Oct 200207526.464.23$317
Sep 200207527.443.64$273
Aug 200207525.963.16$237
Jul 200207524.583.06$230
Jun 200207523.733.34$250
May 200207524.663.58$269
Apr 200207523.653.51$263
Mar 200207522.003.10$233
Feb 200207518.222.38$178
Jan 200207517.172.38$178
Dec 200107516.932.36$177
Nov 200107518.072.41$180
Oct 200107519.782.53$190
Sep 200107524.262.25$169
Aug 200107524.873.05$229
Jul 200107523.933.20$240
Jun 200107524.563.82$287
May 200107525.524.31$323
Apr 200107524.685.34$400
Mar 200107524.545.38$403
Feb 200107527.755.77$433
Jan 200107527.478.40$630
Dec 200007526.889.12$684
Nov 200007532.215.66$424
Oct 200007531.235.15$386
Sep 200007531.875.19$389
Aug 200007529.644.54$341
Jul 200007528.534.09$307
Jun 200007529.304.40$330
May 200007527.263.68$276
Apr 200007524.513.12$234
Mar 200007528.422.86$214
Feb 200007527.622.73$204
Jan 200007525.272.48$186
Dec 199907524.282.42$182
Nov 199907523.192.43$183
Oct 199907520.982.80$210
Sep 199907521.752.62$196
Aug 199907519.262.88$216
Jul 199907517.892.37$178
Jun 199907515.942.36$177
May 199907615.792.32$176
Apr 19990115.102.21$2
Mar 19990112.471.84$2
Feb 1999019.981.82$2
Jan 19990110.381.90$2
Dec 1998019.201.77$2
Nov 19980110.892.19$2
Oct 19980112.421.97$2
Sep 1998169112.592.08$2,130
Aug 19980111.301.91$2
Jul 19980111.742.24$2
Jun 1998011711.242.24$262
May 1998035312.622.21$779
Apr 1998038713.042.51$970
Mar 1998032912.802.31$760
Feb 1998038813.952.30$892
Jan 1998046714.702.15$1,006
Dec 1997044216.322.41$1,066
Nov 1997027718.193.09$855
Oct 1997038019.253.15$1,197
Sep 1997038617.742.95$1,141
Aug 1997014117.862.55$360
Jul 1997024717.582.25$555
Jun 1997044217.242.26$998
May 1997036818.972.31$850
Apr 1997040017.882.08$833
Mar 1997037018.951.94$717
Feb 1997035520.492.21$783
Jan 1997063723.483.54$2,255
Dec 1996067523.32$0
Nov 1996071521.97$0
Oct 1996057023.31$0
Sep 19960022.22$0
Aug 1996031720.26$0
Jul 199601,57319.55$0
Jun 199602,06718.73$0
May 19961672,10219.43$3,245
Apr 199602,13921.51$0
Mar 199602,06519.38$0
Feb 199602,23516.98$0
Jan 19961412,03017.07$2,407
Dec 199501,46617.19$0
Nov 199501,88116.00$0
Oct 199502,45315.43$0
Sep 199502,27016.18$0
Aug 19951672,30715.92$2,659
Jul 199502,74415.24$0
Jun 199502,61516.41$0
May 199501,79517.56$0
Apr 19951702,46417.73$3,014
Mar 199502,36316.44$0
Feb 199502,12116.58$0
Jan 19951672,43515.92$2,659
Dec 199402,60515.03$0
Nov 199402,49715.90$0
Oct 199403,01015.58$0
Sep 19941723,03115.29$2,630
Aug 199402,98016.13$0
Jul 199402,90117.56$0
Jun 19941652,84617.09$2,820
May 1994087215.88$0
Apr 199402,70514.14$0
Mar 199402,68512.46$0
Feb 19941692,26112.50$2,113
Jan 199402,75412.66$0
Dec 199302,81112.33$0
Nov 19931652,68514.49$2,391
Oct 199303,00415.85$0
Sep 199303,00515.03$0
Aug 19931683,18715.66$2,631
Jul 199303,31215.46$0
Jun 199302,96116.79$0
May 19931682,71517.68$2,970
Apr 199302,66218.05$0
Mar 19931642,93018.14$2,975
Feb 199302,47417.90$0
Jan 199303,09316.93$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.

Jul 2019 — as filed, then multipliedworked
Oil                  118 bbl  × $ 56.27 =     $6,640
Casinghead gas         0 Mcf  × $  2.46 =         $0

────────────────────────────────────────────────────
Month total                                   $6,640

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/2394 is the state's own key, not one this site invented.