SHORT, J. C.

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 279District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$35 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
OilDisposition20,316 bbl$1,105,691
Casinghead gasProduction12,438 Mcf$43,473
Total$1,149,165

3,989 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 (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 35.4617, -100.7999. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

35.46200, -100.80007 · 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
2,885 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 2,885 ft.

Plug dates filed
Oct 1983
1 of 5 wells; 4 filed none

5 wells

42-179003136W2,885 ftOct 1983Yes
42-179814302
42-179814313
42-179814324
42-179814335

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 2026156063.503.75$9,906
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 2025159058.593.93$9,316
Oct 20250059.383.30$0
Sep 202590062.743.08$5,647
Aug 20250063.933.01$0
Jul 2025152066.743.32$10,144
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 2025158062.363.54$9,853
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024167068.993.12$11,521
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 2024155079.932.15$12,389
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202453080.301.55$4,256
Feb 2024166076.091.78$12,631
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 2023149077.892.81$11,606
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023158080.522.67$12,722
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023134070.622.23$9,463
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202390075.112.47$6,760
Jan 20230076.533.39$0
Dec 202274076.415.73$5,654
Nov 20220085.005.65$0
Oct 202292087.185.86$8,021
Sep 20220084.888.16$0
Aug 202246094.529.13$4,348
Jul 20221070101.587.54$10,869
Jun 202200115.097.98$0
May 2022640109.378.43$7,000
Apr 2022510104.226.84$5,315
Mar 20221040108.885.08$11,324
Feb 20220091.054.86$0
Jan 2022121081.844.54$9,903
Dec 2021148071.323.90$10,555
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 202193069.865.35$6,497
Aug 20210066.024.22$0
Jul 202159070.783.98$4,176
Jun 202198069.493.38$6,810
May 2021160063.483.02$10,157
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021142057.805.55$8,208
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020162038.772.71$6,281
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 202077039.982.39$3,078
Jul 20200038.371.83$0
Jun 2020308034.901.69$10,749
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 2020153057.252.09$8,759
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019160053.472.42$8,555
Sep 20190055.052.66$0
Aug 2019160053.112.30$8,498
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019166058.482.74$9,708
Apr 20190062.632.75$0
Mar 2019169056.803.06$9,599
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 2018164046.594.19$7,641
Nov 20180052.934.24$0
Oct 2018172061.443.40$10,568
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018167065.142.93$10,878
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018169063.842.90$10,789
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 2018138062.874.01$8,676
Dec 20170057.272.92$0
Nov 2017164055.423.12$9,089
Oct 2017173049.292.98$8,527
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017164043.873.09$7,195
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 2017175050.452.95$8,829
Jan 20170049.413.42$0
Dec 2016162048.763.72$7,899
Nov 20160042.492.64$0
Oct 2016172046.193.09$7,945
Sep 20160041.553.10$0
Aug 2016167041.442.92$6,920
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016176042.521.99$7,484
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 2016104027.352.36$2,844
Dec 20150032.362.00$0
Nov 2015172038.792.17$6,672
Oct 20150043.552.43$0
Sep 2015157042.992.76$6,749
Aug 20150040.162.87$0
Jul 2015158048.152.95$7,608
Jun 20150056.152.88$0
May 2015169055.212.96$9,330
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014174054.693.59$9,516
Nov 20140070.464.25$0
Oct 2014179078.303.90$14,016
Sep 20140086.164.05$0
Aug 2014154089.394.04$13,766
Jul 20140096.564.18$0
Jun 2014172098.164.74$16,884
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 2014168095.895.06$16,110
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013175088.853.74$15,549
Oct 2013165097.423.78$16,074
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20131730102.523.72$17,736
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013169093.964.28$15,879
Mar 20130093.623.91$0
Feb 2013170091.233.42$15,509
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012173086.953.62$15,042
Oct 201217732389.383.40$16,918
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 2012340085.133.02$28,944
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121740105.052.22$18,279
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011177083.623.99$14,801
Aug 20110083.404.15$0
Jul 2011168094.144.52$15,816
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20111720105.964.33$18,225
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011164086.504.59$14,186
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 2010173073.684.42$12,747
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 201009271.124.24$390
Apr 2010017681.694.12$726
Mar 201016217778.394.39$13,476
Feb 2010016573.585.44$898
Jan 2010018374.365.96$1,091
Dec 2009018471.445.48$1,009
Nov 200916417074.593.75$12,871
Oct 2009018372.544.11$752
Sep 2009015065.543.06$460
Aug 200916614867.423.22$11,668
Jul 2009013961.133.46$482
Jun 200917516766.163.90$12,228
May 2009023454.743.93$919
Apr 200917019846.773.59$8,661
Mar 2009021642.144.06$877
Feb 2009018332.814.63$848
Jan 200917621835.865.37$7,482
Dec 2008019937.105.98$1,189
Nov 2008018055.496.86$1,235
Oct 200815312075.246.92$12,342
Sep 2008063101.767.88$496
Aug 2008096114.228.48$814
Jul 2008072131.0811.39$820
Jun 200800131.3313.03$0
May 20081670123.1711.57$20,569
Apr 20080222110.3110.45$2,321
Mar 2008173222101.909.66$19,774
Feb 2008019492.538.77$1,701
Jan 200817218590.388.21$17,063
Dec 2007017088.337.30$1,241
Nov 2007021391.677.29$1,553
Oct 200714120082.856.92$13,066
Sep 2007021075.846.24$1,311
Aug 200716922569.066.39$13,108
Jul 2007019770.906.39$1,258
Jun 20071674062.007.55$10,656
May 200704658.747.85$361
Apr 20071684859.617.81$10,389
Mar 200707256.927.30$526
Feb 200704655.108.22$378
Jan 20071635550.306.73$8,569
Dec 20060056.656.92$0
Nov 2006169054.207.62$9,160
Oct 2006159054.906.01$8,729
Sep 2006174060.085.04$10,454
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006168066.286.38$11,135
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 20050054.9413.42$0
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 2005167049.207.36$8,216
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 2005174043.166.32$7,510
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 2004172042.375.55$7,288
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 2004661034.475.86$22,785
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003029528.804.60$1,356
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020426.914.85$19
Nov 20020124.664.14$4
Oct 20020326.464.23$13
Sep 20020527.443.64$18
Aug 200201025.963.16$32
Jul 20020024.583.06$0
Jun 20020823.733.34$27
May 20020924.663.58$32
Apr 200202723.653.51$95
Mar 200204122.003.10$127
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010124.262.25$2
Aug 2001129224.873.05$3,214
Jul 20010423.933.20$13
Jun 20010124.563.82$4
May 20011725325.524.31$4,618
Apr 20010724.685.34$37
Mar 20010024.545.38$0
Feb 2001171027.755.77$4,745
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000174031.235.15$5,434
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 200006724.513.12$209
Mar 20000728.422.86$20
Feb 20000027.622.73$0
Jan 200001025.272.48$25
Dec 1999017824.282.42$431
Nov 199907723.192.43$187
Oct 199904920.982.80$137
Sep 199905321.752.62$139
Aug 199904519.262.88$129
Jul 199901017.892.37$24
Jun 19990115.942.36$2
May 19990215.792.32$5
Apr 19990015.102.21$0
Mar 19990512.471.84$9
Feb 1999069.981.82$11
Jan 199901410.381.90$27
Dec 1998059.201.77$9
Nov 19980410.892.19$9
Oct 199802012.421.97$39
Sep 199802812.592.08$58
Aug 199802511.301.91$48
Jul 1998013111.742.24$293
Jun 199805911.242.24$132
May 199805812.622.21$128
Apr 19981736913.042.51$2,429
Mar 199807712.802.31$178
Feb 199805813.952.30$133
Jan 19981693914.702.15$2,568
Dec 199706916.322.41$166
Nov 199706518.193.09$201
Oct 199703619.253.15$113
Sep 199702417.742.95$71
Aug 199703417.862.55$87
Jul 199703117.582.25$70
Jun 199703617.242.26$81
May 199704018.972.31$92
Apr 199704017.882.08$83
Mar 199704418.951.94$85
Feb 199704220.492.21$93
Jan 199703923.483.54$138
Dec 199603323.32$0
Nov 199603821.97$0
Oct 1996654123.31$1,515
Sep 19960022.22$0
Aug 19961564020.26$3,161
Jul 199603619.55$0
Jun 199603818.73$0
May 199604119.43$0
Apr 19961685221.51$3,614
Mar 199604419.38$0
Feb 19961684916.98$2,853
Jan 199604517.07$0
Dec 199505217.19$0
Nov 19951755116.00$2,800
Oct 199504915.43$0
Sep 19951635716.18$2,637
Aug 19951615715.92$2,563
Jul 199505715.24$0
Jun 19951714416.41$2,806
May 19951747917.56$3,055
Apr 199505017.73$0
Mar 199503616.44$0
Feb 199506616.58$0
Jan 199517710115.92$2,818
Dec 199417210515.03$2,585
Nov 1994011415.90$0
Oct 199417710115.58$2,758
Sep 1994010315.29$0
Aug 199416911716.13$2,726
Jul 199417412117.56$3,055
Jun 1994012417.09$0
May 199416815815.88$2,668
Apr 1994016914.14$0
Mar 199417614112.46$2,193
Feb 1994011312.50$0
Jan 199416810112.66$2,127
Dec 199317710812.33$2,182
Nov 199317512614.49$2,536
Oct 1993013115.85$0
Sep 19931724315.03$2,585
Aug 199316310415.66$2,553
Jul 1993010915.46$0
Jun 199317513616.79$2,938
May 199316913017.68$2,988
Apr 199316912218.05$3,050
Mar 199317513718.14$3,175
Feb 1993011017.90$0
Jan 1993011016.93$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.

Feb 2026 — as filed, then multipliedworked
Oil                  156 bbl  × $ 63.50 =     $9,906
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                   $9,906

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/279 is the state's own key, not one this site invented.