PICKENS

Operated by BORGER RESOURCES 3 LLC (P-5 83233) 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 2482District 10Field 68845001NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.6 M
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
NGPA2none

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
OilDisposition6,968 bbl$242,514
Casinghead gasProduction439,997 Mcf$1,325,024
Total$1,567,537

133,914 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 35.4299, -101.2270. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.43039, -101.22592 · 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
40.0%
2 of 5 wells
With a plug date
40.0%
2 of 5 wells
Median depth
3,198 ft
5 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
240.0%
A plug date is filed
240.0%
BothOn the schedule and plugged. Neither fact cancels the other.
240.0%
NeitherNo plug date, and not on the schedule.
360.0%

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 3,129 and 3,212 ft, median 3,198 ft, over the 5 wells that filed a depth.

Completions filed
Sep 1980 – Apr 1985
2 of 5 wells; 3 filed none
Plug dates filed
Jan 1980 – Dec 1981
2 of 5 wells; 3 filed none

5 wells

42-0650017123,198 ftDec 1981Yes
42-0650017213,212 ftJan 1980Yes
42-0653077843,129 ft
42-065010933W3,200 ftApr 1985
42-0653079753,150 ftSep 1980

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 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 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018022559.403.07$690
Jul 2018061665.142.93$1,806
Jun 2018081260.183.08$2,498
May 201842765.382.90$2,766
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018163061.782.77$10,070
Jan 20180062.874.01$0
Dec 2017010757.272.92$313
Nov 2017078455.423.12$2,445
Oct 2017060049.292.98$1,790
Sep 2017068547.523.09$2,115
Aug 2017071445.373.00$2,145
Jul 2017076443.873.09$2,359
Jun 2017070842.493.09$2,186
May 2017073345.373.26$2,392
Apr 2017076947.933.21$2,470
Mar 2017080046.772.98$2,387
Feb 2017076850.452.95$2,268
Jan 2017072449.413.42$2,475
Dec 2016068048.763.72$2,532
Nov 2016082642.492.64$2,184
Oct 201619539846.193.09$10,237
Sep 2016070141.553.10$2,174
Aug 2016083741.442.92$2,448
Jul 2016046741.622.92$1,366
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015076532.362.00$1,531
Nov 2015092238.792.17$1,998
Oct 201501,02843.552.43$2,495
Sep 2015049342.992.76$1,360
Aug 20150940.162.87$26
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 2015084555.212.96$2,497
Apr 201501,09549.822.71$2,964
Mar 201501,10942.892.93$3,255
Feb 201501,06044.662.98$3,155
Jan 201501,07143.433.10$3,321
Dec 201401,06154.693.59$3,810
Nov 201401,08370.464.25$4,605
Oct 201401,35378.303.90$5,278
Sep 201401,32286.164.05$5,348
Aug 20141841,10989.394.04$20,923
Jul 201401,15796.564.18$4,836
Jun 201401,04798.164.74$4,960
May 201401,08194.734.73$5,109
Apr 2014044695.944.81$2,145
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130391.824.35$13
Nov 2013071488.853.74$2,669
Oct 201301,03697.423.78$3,915
Sep 201301,032104.113.72$3,837
Aug 201301,104104.253.52$3,889
Jul 201301,032102.523.72$3,837
Jun 2013090394.403.93$3,552
May 2013075394.834.15$3,124
Apr 2013093993.964.28$4,021
Mar 201301,00893.623.91$3,944
Feb 2013098391.233.42$3,362
Jan 2013064491.603.42$2,202
Dec 201217295986.773.42$18,204
Nov 2012096886.953.62$3,509
Oct 201201,08389.383.40$3,682
Sep 201201,09394.672.92$3,190
Aug 201201,12692.662.91$3,275
Jul 201201,09785.133.02$3,314
Jun 201201,12179.822.52$2,824
May 2012093391.612.49$2,322
Apr 201201,026101.652.00$2,049
Mar 201201,127105.052.22$2,504
Feb 20120943101.102.57$2,424
Jan 201201,02198.092.73$2,792
Dec 201101,03396.873.24$3,347
Nov 201101,06095.723.31$3,510
Oct 20111641,09884.983.65$17,943
Sep 201101,11983.623.99$4,460
Aug 201101,17983.404.15$4,892
Jul 201101,22994.144.52$5,552
Jun 201101,12492.904.64$5,215
May 201101,13998.134.40$5,017
Apr 201101,171105.964.33$5,074
Mar 201101,31296.364.06$5,323
Feb 201101,24685.644.18$5,208
Jan 201101,41186.504.59$6,475
Dec 201001,42085.734.35$6,174
Nov 20101631,44380.843.80$18,654
Oct 201001,44378.103.51$5,063
Sep 201001,47772.633.98$5,878
Aug 2010057273.684.42$2,528
Jul 2010048072.554.74$2,274
Jun 2010066770.364.91$3,275
May 2010066271.124.24$2,804
Apr 2010070381.694.12$2,898
Mar 201018274978.394.39$17,554
Feb 2010092473.585.44$5,029
Jan 201001,22874.365.96$7,324
Dec 200901,35371.445.48$7,420
Nov 200901,11074.593.75$4,164
Oct 200901,27172.544.11$5,224
Sep 200901,15765.543.06$3,546
Aug 200901,19067.423.22$3,830
Jul 200901,48161.133.46$5,131
Jun 200901,21866.163.90$4,744
May 200901,13054.743.93$4,436
Apr 200901,09946.773.59$3,943
Mar 200901,15542.144.06$4,688
Feb 200901,08032.814.63$5,004
Jan 20091831,11835.865.37$12,567
Dec 200801,40037.105.98$8,368
Nov 200801,32855.496.86$9,111
Oct 200801,53275.246.92$10,604
Sep 200801,332101.767.88$10,492
Aug 200801,514114.228.48$12,843
Jul 200801,515131.0811.39$17,255
Jun 200801,683131.3313.03$21,934
May 200801,608123.1711.57$18,611
Apr 200800110.3110.45$0
Mar 200804101.909.66$39
Feb 200801192.538.77$96
Jan 200819313890.388.21$18,576
Dec 2007076988.337.30$5,615
Nov 2007081991.677.29$5,972
Oct 2007091382.856.92$6,320
Sep 200701,03575.846.24$6,463
Aug 200701,19369.066.39$7,621
Jul 2007072770.906.39$4,644
Jun 2007079062.007.55$5,963
May 2007029558.747.85$2,315
Apr 200719740259.617.81$14,881
Mar 2007025256.927.30$1,840
Feb 2007052055.108.22$4,272
Jan 2007087450.306.73$5,879
Dec 200601,01756.656.92$7,036
Nov 2006063054.207.62$4,799
Oct 20061641,17454.906.01$16,064
Sep 200601,20360.085.04$6,060
Aug 200601,05368.717.34$7,729
Jul 2006091369.376.34$5,791
Jun 200601,02766.286.38$6,556
May 2006096366.016.42$6,187
Apr 200601,05664.397.36$7,773
Mar 200601,12256.707.08$7,947
Feb 200601,10657.597.75$8,573
Jan 200601,07860.598.93$9,630
Dec 200501,09054.9413.42$14,623
Nov 200501,27754.6910.59$13,521
Oct 200501,10858.3413.80$15,286
Sep 200501,14461.4512.08$13,818
Aug 200501,14261.519.80$11,188
Jul 200501,16855.697.84$9,161
Jun 200501,16052.337.38$8,562
May 200501,15145.226.65$7,655
Apr 20051721,17449.207.36$17,104
Mar 200501,03950.377.15$7,434
Feb 2005099245.226.31$6,261
Jan 200501,11843.166.32$7,068
Dec 200401,27139.866.75$8,581
Nov 200401,25445.286.33$7,938
Oct 200401,25949.706.52$8,203
Sep 200401,08243.245.28$5,717
Aug 200401,08542.375.55$6,022
Jul 200401,20938.286.08$7,356
Jun 200401,01936.106.43$6,555
May 200401,28637.486.49$8,352
Apr 200401,28934.475.86$7,552
Mar 200401,16434.365.53$6,437
Feb 2004095932.455.51$5,284
Jan 20041721,45732.036.30$14,688
Dec 200301,17130.266.30$7,379
Nov 200301,51828.804.60$6,975
Oct 200301,60828.174.76$7,654
Sep 200301,37426.314.75$6,526
Aug 20031531,71329.765.13$13,340
Jul 200301,46829.415.17$7,591
Jun 200301,69228.565.98$10,123
May 200301,80826.595.97$10,799
Apr 2003098926.675.41$5,348
Mar 20031001,30931.146.10$11,094
Feb 200301,23033.487.93$9,749
Jan 200301,20730.315.58$6,738
Dec 200201,65226.914.85$8,018
Nov 20021781,85724.664.14$12,072
Oct 200201,66126.464.23$7,025
Sep 200201,69827.443.64$6,173
Aug 200201,94225.963.16$6,145
Jul 200202,00624.583.06$6,142
Jun 200201,89423.733.34$6,323
May 200201,51624.663.58$5,433
Apr 20021721,28523.653.51$8,581
Mar 200201,44922.003.10$4,496
Feb 200201,19918.222.38$2,848
Jan 200201,73517.172.38$4,122
Dec 200101,90316.932.36$4,499
Nov 200102,08918.072.41$5,025
Oct 200102,30119.782.53$5,819
Sep 20011701,96724.262.25$8,553
Aug 200102,24824.873.05$6,864
Jul 200101,85523.933.20$5,931
Jun 20011722,18224.563.82$12,569
May 200102,16525.524.31$9,325
Apr 200101,76024.685.34$9,390
Mar 200101,67324.545.38$8,995
Feb 200101,70927.755.77$9,856
Jan 200101,83327.478.40$15,395
Dec 200001,89626.889.12$17,296
Nov 200001,71432.215.66$9,698
Oct 200002,05431.235.15$10,569
Sep 20001891,81331.875.19$15,427
Aug 200001,63929.644.54$7,442
Jul 200001,79128.534.09$7,325
Jun 200001,36129.304.40$5,985
May 200001,13727.263.68$4,184
Apr 200001,45824.513.12$4,543
Mar 200001,07828.422.86$3,083
Feb 20001901,45427.622.73$9,212
Jan 200001,74925.272.48$4,338
Dec 1999098324.282.42$2,383
Nov 199901,34423.192.43$3,271
Oct 199901,53520.982.80$4,304
Sep 199901,37621.752.62$3,604
Aug 1999093219.262.88$2,680
Jul 19991721,78817.892.37$7,319
Jun 199901,72515.942.36$4,075
May 199902,00515.792.32$4,654
Apr 199901,95015.102.21$4,306
Mar 199901,82312.471.84$3,351
Feb 19991871,8589.981.82$5,244
Jan 199901,88810.381.90$3,587
Dec 199802,1869.201.77$3,876
Nov 199802,15010.892.19$4,699
Oct 199802,31912.421.97$4,567
Sep 199802,18312.592.08$4,546
Aug 199802,78111.301.91$5,304
Jul 19981822,33711.742.24$7,365
Jun 199801,78211.242.24$3,987
May 199801,81212.622.21$3,998
Apr 199801,83013.042.51$4,585
Mar 199802,39712.802.31$5,536
Feb 199801,89413.952.30$4,355
Jan 199802,20414.702.15$4,749
Dec 1997542,20216.322.41$6,191
Nov 19971402,22718.193.09$9,424
Oct 199702,01119.253.15$6,334
Sep 199702,24817.742.95$6,643
Aug 199701,98217.862.55$5,063
Jul 199702,02517.582.25$4,550
Jun 199701,23817.242.26$2,794
May 199701,98518.972.31$4,582
Apr 199702,27417.882.08$4,736
Mar 19972902,49818.951.94$10,339
Feb 199702,21920.492.21$4,895
Jan 199702,70923.483.54$9,589
Dec 199602,63423.32$0
Nov 19961752,75021.97$3,845
Oct 199602,88123.31$0
Sep 199602,80122.22$0
Aug 199602,54720.26$0
Jul 1996602,06619.55$1,173
Jun 199602,64718.73$0
May 199602,69319.43$0
Apr 199602,94921.51$0
Mar 199602,95719.38$0
Feb 199602,68816.98$0
Jan 199602,29917.07$0
Dec 199502,37917.19$0
Nov 19951752,87116.00$2,800
Oct 19951752,70315.43$2,700
Sep 199503,28716.18$0
Aug 199502,56415.92$0
Jul 199502,62715.24$0
Jun 199502,61116.41$0
May 19951232,94317.56$2,160
Apr 199502,83317.73$0
Mar 199502,94216.44$0
Feb 199502,81716.58$0
Jan 199503,02415.92$0
Dec 199403,08415.03$0
Nov 19941503,08515.90$2,385
Oct 199403,32815.58$0
Sep 199402,19815.29$0
Aug 19941812,96716.13$2,920
Jul 199402,93817.56$0
Jun 199402,62017.09$0
May 19941902,88215.88$3,017
Apr 199402,89814.14$0
Mar 199403,09412.46$0
Feb 19941792,86312.50$2,238
Jan 199402,56612.66$0
Dec 199302,83412.33$0
Nov 19931732,97414.49$2,507
Oct 199303,11315.85$0
Sep 199303,05915.03$0
Aug 19931782,78715.66$2,787
Jul 199303,03015.46$0
Jun 19931723,01316.79$2,888
May 19933422,96617.68$6,047
Apr 199302,67718.05$0
Mar 199302,62118.14$0
Feb 199302,29117.90$0
Jan 199302,51316.93$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.

Aug 2018 — as filed, then multipliedworked
Oil                    0 bbl  × $ 59.40 =         $0
Casinghead gas       225 Mcf  × $  3.07 =       $690

────────────────────────────────────────────────────
Month total                                     $690

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/2482 is the state's own key, not one this site invented.