READ

Operated by PONDEROSA TX OPERATING LLC (P-5 670097) 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 2709District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$5 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
NGPA19none

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
OilDisposition27,048 bbl$886,867
Casinghead gasProduction188,760 Mcf$410,427
Total$1,297,294

55,191 Mcf of this lease's gas, across 35 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 (20)

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 35.4108, -101.0005. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

35.41150, -101.00020 · centre of 16 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
30.0%
6 of 20 wells
With a plug date
30.0%
6 of 20 wells
Median depth
3,240 ft
9 wells filed one
Completion to plug
35.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
630.0%
A plug date is filed
630.0%
BothOn the schedule and plugged. Neither fact cancels the other.
630.0%
NeitherNo plug date, and not on the schedule.
1470.0%

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

Total depth in feet, 9 of 20 wells. Median 3,240 ft, with the middle half between 3,180 and 3,250 ft; the shallowest is 3,160 ft and the deepest 3,357 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, 13 of 20 wells, Feb 1963 – Mar 1994. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 1963 – Mar 1994
13 of 20 wells; 7 filed none
Plug dates filed
Oct 1993 – Mar 2013
6 of 20 wells; 14 filed none

Last completion to plug: a median of 35.3 years across the 2 wells that filed both dates, with the middle half between 33.0 years and 37.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

20 wells

42-1790459863,240 ftMar 2006Yes
42-1790459973,200 ftMay 2012Yes
42-1790460083,250 ftJun 2010Yes
42-1790827543,176 ftMar 2013Yes
42-179843731
42-179843753
42-179843775
42-17932075K 33,245 ftMar 1994
42-17932061K 13,357 ftFeb 1994
42-17932074K 23,250 ftJan 1994
42-1798438513Feb 1969
42-1798438210Jan 1969
42-1798438917Dec 1967
42-1798438412Nov 1967
42-1798438816Mar 1966
42-17904592153,180 ftMar 1966Mar 2006Yes
42-1798438614Mar 1966
42-1798438311Mar 1966
42-179843819Jun 1964
42-179045952W3,160 ftFeb 1963Oct 1993Yes

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 202585062.743.08$5,333
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 202470071.372.28$4,996
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 202460080.301.55$4,818
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 202342080.522.67$3,382
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 202335075.112.47$2,629
Jan 20230076.533.39$0
Dec 202279076.415.73$6,036
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 2022440101.587.54$4,470
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221080104.226.84$11,256
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 202175071.323.90$5,349
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 2021168050.412.81$8,469
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 2020174014.751.80$2,567
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 2019160053.112.30$8,498
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 2019150050.852.79$7,628
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018172059.543.11$10,241
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 2017178055.423.12$9,865
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 2017177045.373.26$8,030
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 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016154026.472.06$4,076
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 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015166042.892.93$7,120
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014174078.303.90$13,624
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014166094.734.73$15,725
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013180088.853.74$15,993
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013174094.834.15$16,500
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012178086.953.62$15,477
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012173098.092.73$16,970
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011170083.404.15$14,178
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011165098.134.40$16,191
Apr 201100105.964.33$0
Mar 2011167096.364.06$16,092
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010171078.103.51$13,355
Sep 20100072.633.98$0
Aug 2010171073.684.42$12,599
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010164071.124.24$11,664
Apr 20100081.694.12$0
Mar 2010165078.394.39$12,934
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
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 20090054.743.93$0
Apr 20090046.773.59$0
Mar 2009166042.144.06$6,995
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008175055.496.86$9,711
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20081740131.3313.03$22,851
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 20081700101.909.66$17,323
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 2007172088.337.30$15,193
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007172075.846.24$13,044
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007179062.007.55$11,098
May 20070058.747.85$0
Apr 2007175059.617.81$10,432
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006175056.656.92$9,914
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006178060.085.04$10,694
Aug 20060068.717.34$0
Jul 2006177069.376.34$12,278
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 2006170064.397.36$10,946
Mar 2006181156.707.08$10,270
Feb 20060157.597.75$8
Jan 20060160.598.93$9
Dec 20050154.9413.42$13
Nov 20050154.6910.59$11
Oct 20050158.3413.80$14
Sep 20050161.4512.08$12
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 2005176052.337.38$9,210
May 20050045.226.65$0
Apr 2005177049.207.36$8,708
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20051672843.166.32$7,385
Dec 200401539.866.75$101
Nov 20040045.286.33$0
Oct 2004179049.706.52$8,896
Sep 20040043.245.28$0
Aug 20040142.375.55$6
Jul 2004176038.286.08$6,737
Jun 20040136.106.43$6
May 2004174137.486.49$6,528
Apr 20040134.475.86$6
Mar 2004175034.365.53$6,013
Feb 20041791832.455.51$5,908
Jan 2004011732.036.30$737
Dec 200302530.266.30$158
Nov 200318126828.804.60$6,444
Oct 200306328.174.76$300
Sep 2003072126.314.75$3,424
Aug 200317779729.765.13$9,356
Jul 2003082029.415.17$4,240
Jun 2003039628.565.98$2,369
May 200318073326.595.97$9,164
Apr 2003071226.675.41$3,850
Mar 200317781031.146.10$10,450
Feb 2003056533.487.93$4,478
Jan 200317331130.315.58$6,980
Dec 200201,17226.914.85$5,689
Nov 20023571,07924.664.14$13,267
Oct 200201,23426.464.23$5,219
Sep 200201,23827.443.64$4,500
Aug 200201,32125.963.16$4,180
Jul 200201,41024.583.06$4,317
Jun 20021771,38123.733.34$8,810
May 200201,52024.663.58$5,448
Apr 200201,28623.653.51$4,517
Mar 20021801,48622.003.10$8,571
Feb 200201,12318.222.38$2,668
Jan 200218237017.172.38$4,004
Dec 2001045716.932.36$1,081
Nov 200117881718.072.41$5,182
Oct 2001089319.782.53$2,258
Sep 2001092124.262.25$2,073
Aug 200116797224.873.05$7,121
Jul 2001096523.933.20$3,085
Jun 2001086524.563.82$3,308
May 20011751,30225.524.31$10,074
Apr 200101,23624.685.34$6,594
Mar 200117990424.545.38$9,253
Feb 20011771,44627.755.77$13,251
Jan 2001057427.478.40$4,821
Dec 200001,06326.889.12$9,697
Nov 200001,57132.215.66$8,889
Oct 20001751,70431.235.15$14,233
Sep 200001,59031.875.19$8,247
Aug 20001751,78329.644.54$13,283
Jul 20001752,07528.534.09$13,479
Jun 200001,85429.304.40$8,153
May 20001782,13327.263.68$12,701
Apr 20001772,05124.513.12$10,729
Mar 20001801,89428.422.86$10,532
Feb 20001781,88627.622.73$10,059
Jan 20003481,91625.272.48$13,547
Dec 1999087924.282.42$2,130
Nov 19991792,09223.192.43$9,243
Oct 19991802,28420.982.80$10,180
Sep 19991782,30021.752.62$9,895
Aug 19991772,46319.262.88$10,492
Jul 19993532,50617.892.37$12,260
Jun 19991752,52515.942.36$8,754
May 19991762,09615.792.32$7,644
Apr 199902,41215.102.21$5,326
Mar 19991782,37312.471.84$6,582
Feb 19991781,0459.981.82$3,676
Jan 19991791,91410.381.90$5,495
Dec 19981772,2729.201.77$5,657
Nov 19981762,60010.892.19$7,600
Oct 19981782,81912.421.97$7,762
Sep 19981762,45912.592.08$7,337
Aug 19981772,67711.301.91$7,106
Jul 19981732,75011.742.24$8,184
Jun 19981752,67211.242.24$7,945
May 19981742,90412.622.21$8,603
Apr 19983582,44513.042.51$10,794
Mar 19981792,30012.802.31$7,603
Feb 199802,01013.952.30$4,621
Jan 19981812,10914.702.15$7,205
Dec 19971821,59916.322.41$6,826
Nov 19971812,46918.193.09$10,917
Oct 19971802,90519.253.15$12,615
Sep 19973591,94817.742.95$12,125
Aug 19971762,17717.862.55$8,705
Jul 19971791,96717.582.25$7,567
Jun 19971782,23717.242.26$8,118
May 19973592,12418.972.31$11,713
Apr 19971792,45417.882.08$8,312
Mar 19971812,92318.951.94$9,098
Feb 199736098720.492.21$9,554
Jan 1997097123.483.54$3,437
Dec 19963611,39623.32$8,419
Nov 19963603,45721.97$7,909
Oct 19963603,62323.31$8,392
Sep 19961822,21222.22$4,044
Aug 19961793,75620.26$3,627
Jul 19961793,42219.55$3,499
Jun 19965373,84018.73$10,058
May 19961793,62019.43$3,478
Apr 19963544,82021.51$7,615
Mar 1996175119.38$3,392
Feb 1996166116.98$2,819
Jan 199629117.07$495
Dec 19950117.19$0
Nov 1995103016.00$1,648
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 1994114015.03$1,713
Nov 1994181015.90$2,878
Oct 1994092015.58$0
Sep 199401,15615.29$0
Aug 19941821,22916.13$2,936
Jul 19941691,32417.56$2,968
Jun 19941761,25717.09$3,008
May 199435967715.88$5,701
Apr 19941831,37314.14$2,588
Mar 199418096912.46$2,243
Feb 199417863912.50$2,225
Jan 199435392712.66$4,469
Dec 19931761,14512.33$2,170
Nov 1993360814.49$5,216
Oct 199317887715.85$2,821
Sep 19931771,26515.03$2,660
Aug 199317763015.66$2,772
Jul 19933511,46215.46$5,426
Jun 19931781,46216.79$2,989
May 19931742,06517.68$3,076
Apr 19933492,91518.05$6,299
Mar 199334865418.14$6,313
Feb 19933491,77117.90$6,247
Jan 199317331616.93$2,929

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.

Sep 2025 — as filed, then multipliedworked
Oil                   85 bbl  × $ 62.74 =     $5,333
Casinghead gas         0 Mcf  × $  3.08 =         $0

────────────────────────────────────────────────────
Month total                                   $5,333

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/2709 is the state's own key, not one this site invented.