MAJOR

Operated by S & W OIL & GAS, LLC (P-5 741661) 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 2822District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$14 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
NGPA16none

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
OilDisposition24,354 bbl$972,905
Casinghead gasProduction232,234 Mcf$765,275
Total$1,738,180

49,567 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 (10)

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 35.4061, -101.0006. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

35.40473, -101.00049 · centre of 9 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%
5 of 10 wells
With a plug date
50.0%
5 of 10 wells
Median depth
3,233 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
550.0%
A plug date is filed
550.0%
BothOn the schedule and plugged. Neither fact cancels the other.
550.0%
NeitherNo plug date, and not on the schedule.
550.0%

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, 4 of 10 wells. Median 3,233 ft, with the middle half between 3,224 and 3,237 ft; the shallowest is 3,201 ft and the deepest 3,250 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, 1 of 10 wells, Apr 1966. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Apr 1966
1 of 10 wells; 9 filed none
Plug dates filed
Jul 1968 – Oct 2001
5 of 10 wells; 5 filed none

10 wells

42-1790460323,232 ftOct 2001Yes
42-1790759983,233 ftJan 1991Yes
42-1798465533,250 ftJan 2000Yes
42-179846575Feb 1979Yes
42-1798563610Jul 1968Yes
42-1798465313,201 ft
42-179846564
42-179846586
42-179846597
42-179846619Apr 1966

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 20260415106.413.05$1,264
Apr 2026044998.932.87$1,289
Mar 2026029089.753.15$913
Feb 2026022263.503.75$833
Jan 2026019159.138.00$1,528
Dec 2025030556.664.41$1,346
Nov 2025033458.593.93$1,311
Oct 2025042259.383.30$1,395
Sep 2025025862.743.08$794
Aug 2025034263.933.01$1,031
Jul 2025030366.743.32$1,005
Jun 2025041266.483.13$1,289
May 202505360.553.23$171
Apr 2025031462.363.54$1,113
Mar 2025022367.704.27$952
Feb 2025022370.884.34$968
Jan 2025028674.324.28$1,224
Dec 2024033068.993.12$1,030
Nov 2024014969.052.20$328
Oct 2024027771.372.28$632
Sep 2024042169.612.36$995
Aug 2024042175.632.06$869
Jul 2024041479.932.15$889
Jun 2024044178.082.63$1,162
May 2024038178.812.20$838
Apr 2024044684.451.66$740
Mar 2024042880.301.55$661
Feb 2024034576.091.78$615
Jan 2024026673.023.30$877
Dec 2023039571.262.61$1,031
Nov 2023022377.892.81$626
Oct 2023036685.443.09$1,130
Sep 2023042689.042.74$1,165
Aug 2023047580.522.67$1,270
Jul 2023039274.852.64$1,036
Jun 2023038268.962.26$863
May 2023037670.622.23$838
Apr 20233736978.122.24$3,716
Mar 20233736972.852.39$3,579
Feb 2023037675.112.47$927
Jan 2023044076.533.39$1,491
Dec 20229238976.415.73$9,258
Nov 2022043785.005.65$2,467
Oct 202211950787.185.86$13,347
Sep 2022034684.888.16$2,825
Aug 20226650594.529.13$10,848
Jul 20220482101.587.54$3,635
Jun 2022111467115.097.98$16,500
May 20220522109.378.43$4,402
Apr 20220372104.226.84$2,544
Mar 202200108.885.08$0
Feb 202291891.054.86$8,324
Jan 2022023181.844.54$1,048
Dec 2021028471.323.90$1,107
Nov 2021038277.435.24$2,000
Oct 20214541279.795.71$5,945
Sep 2021026869.865.35$1,434
Aug 202110238366.024.22$8,351
Jul 2021029870.783.98$1,187
Jun 2021037069.493.38$1,251
May 2021039263.483.02$1,183
Apr 20212043160.362.76$2,396
Mar 2021038061.302.72$1,032
Feb 2021023757.805.55$1,315
Jan 2021036550.412.81$1,026
Dec 2020032844.642.68$878
Nov 2020034738.772.71$939
Oct 20207335836.972.48$3,586
Sep 2020044937.091.99$894
Aug 20204343339.982.39$2,752
Jul 20204736038.371.83$2,460
Jun 2020033634.901.69$568
May 202015427916.921.81$3,112
Apr 202018036814.751.80$3,319
Mar 2020033730.341.86$626
Feb 2020023149.881.98$458
Jan 2020035757.252.09$748
Dec 20199737059.012.30$6,577
Nov 2019039055.302.75$1,073
Oct 2019024453.472.42$590
Sep 2019057555.052.66$1,528
Aug 2019066853.112.30$1,539
Jul 20198356656.272.46$6,063
Jun 2019048052.782.49$1,196
May 201917951758.482.74$11,885
Apr 2019052862.632.75$1,452
Mar 20197829556.803.06$5,334
Feb 2019035150.852.79$980
Jan 2019925946.033.23$4,425
Dec 2018044246.594.19$1,850
Nov 2018032552.934.24$1,377
Oct 20187244261.443.40$5,926
Sep 2018045959.543.11$1,427
Aug 20188943759.403.07$6,627
Jul 2018051465.142.93$1,507
Jun 20188053460.183.08$6,457
May 2018047765.382.90$1,384
Apr 20187227063.842.90$5,380
Mar 2018037261.222.79$1,037
Feb 201810230161.782.77$7,134
Jan 2018035562.874.01$1,423
Dec 2017040657.272.92$1,186
Nov 2017047355.423.12$1,475
Oct 201717249349.292.98$9,949
Sep 2017047047.523.09$1,451
Aug 2017049545.373.00$1,487
Jul 2017044943.873.09$1,386
Jun 20178858442.493.09$5,542
May 2017032345.373.26$1,054
Apr 201717852347.933.21$10,211
Mar 2017054846.772.98$1,635
Feb 2017054550.452.95$1,609
Jan 2017024549.413.42$838
Dec 201617531148.763.72$9,691
Nov 2016045942.492.64$1,214
Oct 2016047846.193.09$1,477
Sep 201617852741.553.10$9,030
Aug 2016061341.442.92$1,793
Jul 2016072141.622.92$2,108
Jun 2016044245.352.69$1,187
May 2016023542.521.99$468
Apr 2016014036.561.99$279
Mar 201617944733.011.79$6,711
Feb 2016038926.472.06$803
Jan 2016036027.352.36$851
Dec 2015029332.362.00$586
Nov 2015070738.792.17$1,532
Oct 2015029843.552.43$723
Sep 201517046742.992.76$8,596
Aug 2015041840.162.87$1,201
Jul 2015050048.152.95$1,473
Jun 201517121556.152.88$10,221
May 2015023355.212.96$689
Apr 2015041449.822.71$1,121
Mar 2015038542.892.93$1,130
Feb 2015054444.662.98$1,619
Jan 2015020343.433.10$629
Dec 201417537154.693.59$10,903
Nov 2014052970.464.25$2,249
Oct 2014033578.303.90$1,307
Sep 2014069986.164.05$2,828
Aug 2014046989.394.04$1,892
Jul 201416968896.564.18$19,194
Jun 2014092598.164.74$4,382
May 2014084094.734.73$3,970
Apr 2014081195.944.81$3,900
Mar 20141721,04895.895.06$21,793
Feb 2014055597.406.19$3,437
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201305897.423.78$219
Sep 20130114104.113.72$424
Aug 2013180602104.253.52$20,886
Jul 20130952102.523.72$3,539
Jun 2013063894.403.93$2,510
May 201317985294.834.15$20,510
Apr 2013013793.964.28$587
Mar 201303493.623.91$133
Feb 20131828991.233.42$16,908
Jan 2013010491.603.42$356
Dec 2012021286.773.42$725
Nov 2012039186.953.62$1,417
Oct 201211863889.383.40$12,716
Sep 2012043594.672.92$1,270
Aug 2012388692.662.91$3,771
Jul 2012049085.133.02$1,480
Jun 2012077979.822.52$1,962
May 201211670791.612.49$12,386
Apr 20120776101.652.00$1,550
Mar 2012180580105.052.22$20,198
Feb 20120299101.102.57$769
Jan 201211025898.092.73$11,495
Dec 2011035096.873.24$1,134
Nov 2011011995.723.31$394
Oct 2011123084.983.65$10,453
Sep 201111911083.623.99$10,389
Aug 2011076083.404.15$3,153
Jul 2011039394.144.52$1,775
Jun 20119943192.904.64$11,197
May 2011053898.134.40$2,370
Apr 2011117243105.964.33$13,450
Mar 2011046296.364.06$1,874
Feb 201118343985.644.18$17,507
Jan 2011017986.504.59$821
Dec 201011551885.734.35$12,111
Nov 2010017580.843.80$664
Oct 201017468878.103.51$16,004
Sep 2010076172.633.98$3,028
Aug 201011459373.684.42$11,020
Jul 2010054072.554.74$2,558
Jun 2010081270.364.91$3,987
May 2010060971.124.24$2,579
Apr 201017978881.694.12$17,871
Mar 2010049478.394.39$2,168
Feb 20101746273.585.44$13,140
Jan 2010034974.365.96$2,081
Dec 2009020971.445.48$1,146
Nov 20091146274.593.75$8,736
Oct 2009066872.544.11$2,746
Sep 200918058365.543.06$13,584
Aug 2009067767.423.22$2,179
Jul 2009077361.133.46$2,678
Jun 200917949066.163.90$13,751
May 2009065954.743.93$2,587
Apr 2009036446.773.59$1,306
Mar 200916950042.144.06$9,151
Feb 200911744332.814.63$5,891
Jan 2009057535.865.37$3,088
Dec 200812268237.105.98$8,603
Nov 200811455155.496.86$10,106
Oct 2008067875.246.92$4,693
Sep 20080512101.767.88$4,033
Aug 2008179699114.228.48$26,375
Jul 20080701131.0811.39$7,984
Jun 2008113688131.3313.03$23,807
May 20080635123.1711.57$7,350
Apr 2008116645110.3110.45$19,539
Mar 20080674101.909.66$6,514
Feb 200817657292.538.77$21,302
Jan 2008050490.388.21$4,136
Dec 20075234688.337.30$7,120
Nov 2007042191.677.29$3,070
Oct 200710663382.856.92$13,164
Sep 2007068775.846.24$4,290
Aug 2007074469.066.39$4,753
Jul 200711680470.906.39$13,360
Jun 2007043762.007.55$3,299
May 2007026858.747.85$2,103
Apr 200718030059.617.81$13,071
Mar 2007045456.927.30$3,315
Feb 2007031855.108.22$2,613
Jan 200711429150.306.73$7,692
Dec 2006039856.656.92$2,754
Nov 2006048454.207.62$3,687
Oct 200612262054.906.01$10,426
Sep 2006067460.085.04$3,395
Aug 200611069568.717.34$12,659
Jul 2006057669.376.34$3,653
Jun 200616678566.286.38$16,014
May 2006061266.016.42$3,932
Apr 20069451364.397.36$9,829
Mar 2006043256.707.08$3,060
Feb 200612038557.597.75$9,895
Jan 2006042060.598.93$3,752
Dec 2005040354.9413.42$5,406
Nov 20057451954.6910.59$9,542
Oct 2005067058.3413.80$9,243
Sep 200511249261.4512.08$12,825
Aug 2005074761.519.80$7,318
Jul 200511775255.697.84$12,414
Jun 2005075252.337.38$5,551
May 200510380145.226.65$9,985
Apr 2005051649.207.36$3,798
Mar 200512854250.377.15$10,325
Feb 200505145.226.31$322
Jan 2005040843.166.32$2,579
Dec 200417949139.866.75$10,450
Nov 2004037445.286.33$2,368
Oct 2004058149.706.52$3,785
Sep 200410256443.245.28$7,391
Aug 2004064642.375.55$3,586
Jul 200411064438.286.08$8,129
Jun 2004068336.106.43$4,394
May 200417770037.486.49$11,180
Apr 2004063034.475.86$3,691
Mar 200418042434.365.53$8,530
Feb 2004040432.455.51$2,226
Jan 200417536932.036.30$7,930
Dec 2003040430.266.30$2,546
Nov 200311850328.804.60$5,710
Oct 2003065928.174.76$3,137
Sep 200312067926.314.75$6,382
Aug 2003071729.765.13$3,678
Jul 200317792429.415.17$9,983
Jun 2003067628.565.98$4,044
May 200311975526.595.97$7,674
Apr 2003061126.675.41$3,304
Mar 200318064231.146.10$9,519
Feb 2003055133.487.93$4,367
Jan 200318139630.315.58$7,697
Dec 2002032826.914.85$1,592
Nov 2002048524.664.14$2,006
Oct 200218472826.464.23$7,947
Sep 2002072127.443.64$2,621
Aug 200218269925.963.16$6,936
Jul 2002076924.583.06$2,354
Jun 200218075423.733.34$6,788
May 2002065824.663.58$2,358
Apr 200217374423.653.51$6,705
Mar 2002070522.003.10$2,187
Feb 200218441518.222.38$4,338
Jan 2002050317.172.38$1,195
Dec 200117667416.932.36$4,573
Nov 2001050318.072.41$1,210
Oct 200118763419.782.53$5,302
Sep 2001082124.262.25$1,848
Aug 200118186324.873.05$7,136
Jul 200118280823.933.20$6,939
Jun 2001070724.563.82$2,704
May 200118452525.524.31$6,957
Apr 2001045524.685.34$2,428
Mar 200118348724.545.38$7,109
Feb 2001033727.755.77$1,944
Jan 2001052327.478.40$4,393
Dec 200018739026.889.12$8,584
Nov 2000075832.215.66$4,289
Oct 200018585931.235.15$10,198
Sep 2000081231.875.19$4,211
Aug 200018376829.644.54$8,911
Jul 2000075828.534.09$3,100
Jun 200018462229.304.40$8,126
May 2000077727.263.68$2,859
Apr 200018165024.513.12$6,462
Mar 2000052828.422.86$1,510
Feb 200019253627.622.73$6,764
Jan 2000072025.272.48$1,786
Dec 199915662524.282.42$5,303
Nov 1999090923.192.43$2,213
Oct 19991841,14020.982.80$7,057
Sep 19991821,14121.752.62$6,947
Aug 199901,26519.262.88$3,638
Jul 19991761,36817.892.37$6,394
Jun 19991671,23015.942.36$5,567
May 1999093315.792.32$2,166
Apr 19991771,00115.102.21$4,883
Mar 199918797012.471.84$4,115
Feb 19991864669.981.82$2,703
Jan 1999055510.381.90$1,054
Dec 19981861,0369.201.77$3,548
Nov 19981871,06410.892.19$4,362
Oct 1998086912.421.97$1,711
Sep 19981721,12112.592.08$4,500
Aug 19981861,37411.301.91$4,723
Jul 199818195811.742.24$4,268
Jun 1998621,38611.242.24$3,798
May 1998621,17412.622.21$3,373
Apr 1998097613.042.51$2,445
Mar 199818674612.802.31$4,104
Feb 19986459813.952.30$2,268
Jan 199818838014.702.15$3,582
Dec 19976257616.322.41$2,401
Nov 199718780218.193.09$5,878
Oct 1997691,05619.253.15$4,654
Sep 199718590817.742.95$5,965
Aug 1997631,00817.862.55$3,700
Jul 19971831,60217.582.25$6,817
Jun 1997621,41017.242.26$4,252
May 199718666018.972.31$5,052
Apr 1997661,09217.882.08$3,454
Mar 199718579818.951.94$5,053
Feb 19976672020.492.21$2,941
Jan 1997036623.483.54$1,296
Dec 19966671423.32$1,539
Nov 199618788221.97$4,108
Oct 1996661,26023.31$1,538
Sep 19961851,24822.22$4,111
Aug 1996641,22620.26$1,297
Jul 19961821,34019.55$3,558
Jun 199601,35018.73$0
May 1996641,48619.43$1,244
Apr 19961831,40221.51$3,936
Mar 1996671,15619.38$1,298
Feb 199618684416.98$3,158
Jan 19966732017.07$1,144
Dec 19956574617.19$1,117
Nov 199501,04116.00$0
Oct 19951901,96015.43$2,932
Sep 19951831,46416.18$2,961
Aug 19951821,10415.92$2,897
Jul 19955980615.24$899
Jun 19956282616.41$1,017
May 199501,08017.56$0
Apr 199518282517.73$3,227
Mar 19956536216.44$1,069
Feb 199518575916.58$3,067
Jan 19956152815.92$971
Dec 1994089615.03$0
Nov 199417939715.90$2,846
Oct 199418492715.58$2,867
Sep 1994581,26415.29$887
Aug 19941841,18716.13$2,968
Jul 1994621,23317.56$1,089
Jun 19941821,31417.09$3,110
May 19942381,47615.88$3,779
Apr 199401,51914.14$0
Mar 1994541,35012.46$673
Feb 199418373712.50$2,288
Jan 19945538312.66$696
Dec 199318454012.33$2,269
Nov 1993621,23714.49$898
Oct 19931821,21115.85$2,885
Sep 1993731,14115.03$1,097
Aug 19931821,65415.66$2,850
Jul 19932441,41215.46$3,772
Jun 19931781,43116.79$2,989
May 1993091917.68$0
Apr 199318270818.05$3,285
Mar 19935367418.14$961
Feb 199317446717.90$3,115
Jan 1993076116.93$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.

May 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas       415 Mcf  × $  3.05 =     $1,264

────────────────────────────────────────────────────
Month total                                   $1,264

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/2822 is the state's own key, not one this site invented.