WORLEY

Operated by BORGER RESOURCES 2 LLC (P-5 83236) 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 296District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$44 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
NGPA9none

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
OilDisposition29,923 bbl$1,349,874
Casinghead gasProduction201,914 Mcf$839,540
Total$2,189,414

19,260 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 (9)

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 35.4859, -100.8794. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.48669, -100.87943 · 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
11.1%
1 of 9 wells
With a plug date
11.1%
1 of 9 wells
Median depth
3,302 ft
1 wells filed one
Completion to plug
66.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
111.1%
A plug date is filed
111.1%
BothOn the schedule and plugged. Neither fact cancels the other.
111.1%
NeitherNo plug date, and not on the schedule.
888.9%

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, 1 of 9 wells. Median 3,302 ft, with the middle half between 3,302 and 3,302 ft; the shallowest is 3,302 ft and the deepest 3,302 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 9 wells, Jun 1956. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 1956
1 of 9 wells; 8 filed none
Plug dates filed
Feb 2023
1 of 9 wells; 8 filed none

Last completion to plug: a median of 66.7 years across the 1 well that filed both dates, with the middle half between 66.7 years and 66.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

9 wells

42-179814991
42-179815013
42-179815024
42-179815035
42-179815046
42-179815057
42-179815068
42-1798150711
42-179005642W3,302 ftJun 1956Feb 2023Yes

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 20260257106.413.05$783
Apr 2026031598.932.87$904
Mar 2026025589.753.15$803
Feb 202616719463.503.75$11,332
Jan 2026032059.138.00$2,559
Dec 2025014856.664.41$653
Nov 2025022458.593.93$880
Oct 2025035859.383.30$1,183
Sep 202516736462.743.08$11,598
Aug 2025029463.933.01$886
Jul 2025016766.743.32$554
Jun 202516733466.483.13$12,147
May 2025036560.553.23$1,180
Apr 2025038662.363.54$1,368
Mar 202516221567.704.27$11,885
Feb 2025030070.884.34$1,302
Jan 2025021474.324.28$916
Dec 2024035068.993.12$1,092
Nov 202416310069.052.20$11,475
Oct 2024033371.372.28$760
Sep 2024036569.612.36$863
Aug 2024039175.632.06$807
Jul 20249142079.932.15$8,175
Jun 20245439878.082.63$5,265
May 2024038778.812.20$851
Apr 202416339184.451.66$14,414
Mar 2024038080.301.55$587
Feb 2024022276.091.78$396
Jan 2024033373.023.30$1,098
Dec 202315938571.262.61$12,335
Nov 2023046277.892.81$1,297
Oct 202317047885.443.09$16,001
Sep 2023045589.042.74$1,244
Aug 20237355880.522.67$7,369
Jul 202317158874.852.64$14,353
Jun 2023042268.962.26$953
May 2023063070.622.23$1,403
Apr 202317160078.122.24$14,701
Mar 2023033872.852.39$809
Feb 202316820575.112.47$13,124
Jan 2023025876.533.39$874
Dec 202216120876.415.73$13,494
Nov 2022022585.005.65$1,270
Oct 20220587.185.86$29
Sep 20220684.888.16$49
Aug 20220394.529.13$27
Jul 20221680101.587.54$17,065
Jun 202208115.097.98$64
May 2022014109.378.43$118
Apr 20221650104.226.84$17,196
Mar 202200108.885.08$0
Feb 20220391.054.86$15
Jan 202216410481.844.54$13,894
Dec 2021023871.323.90$928
Nov 2021021277.435.24$1,110
Oct 20210079.795.71$0
Sep 20210969.865.35$48
Aug 20210166.024.22$4
Jul 202104070.783.98$159
Jun 202102569.493.38$85
May 202106363.483.02$190
Apr 202116825160.362.76$10,833
Mar 2021025161.302.72$682
Feb 2021015457.805.55$854
Jan 2021024350.412.81$683
Dec 2020024844.642.68$664
Nov 2020022738.772.71$614
Oct 202017318336.972.48$6,849
Sep 2020029137.091.99$579
Aug 2020029539.982.39$704
Jul 2020028038.371.83$511
Jun 2020022534.901.69$380
May 20200016.921.81$0
Apr 2020017614.751.80$318
Mar 2020018430.341.86$342
Feb 202016213949.881.98$8,356
Jan 2020017057.252.09$356
Dec 2019020959.012.30$482
Nov 2019019855.302.75$545
Oct 201908153.472.42$196
Sep 2019022655.052.66$601
Aug 2019017553.112.30$403
Jul 2019015956.272.46$391
Jun 2019026352.782.49$655
May 201915221258.482.74$9,470
Apr 201915643162.632.75$10,956
Mar 201916728856.803.06$10,367
Feb 2019034250.852.79$955
Jan 2019026046.033.23$839
Dec 201817541546.594.19$9,890
Nov 2018021352.934.24$903
Oct 2018026761.443.40$907
Sep 201816446759.543.11$11,216
Aug 2018046359.403.07$1,420
Jul 2018043065.142.93$1,261
Jun 201817241560.183.08$11,628
May 2018019165.382.90$554
Apr 2018031063.842.90$899
Mar 2018045361.222.79$1,262
Feb 201817251461.782.77$12,048
Jan 2018060462.874.01$2,422
Dec 2017051257.272.92$1,496
Nov 20170055.423.12$0
Oct 201716725749.292.98$8,998
Sep 2017044747.523.09$1,380
Aug 201717259545.373.00$9,591
Jul 2017040343.873.09$1,244
Jun 2017016342.493.09$503
May 201716728345.373.26$8,500
Apr 20170047.933.21$0
Mar 2017027446.772.98$818
Feb 2017025850.452.95$762
Jan 201716443549.413.42$9,590
Dec 2016039948.763.72$1,485
Nov 201615345342.492.64$7,699
Oct 2016063346.193.09$1,956
Sep 2016050341.553.10$1,560
Aug 2016045741.442.92$1,336
Jul 20160041.622.92$0
Jun 2016126045.352.69$5,714
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016024426.472.06$504
Jan 2016041427.352.36$979
Dec 2015042032.362.00$841
Nov 2015047038.792.17$1,019
Oct 2015046843.552.43$1,136
Sep 2015067542.992.76$1,862
Aug 201534883540.162.87$16,374
Jul 2015080948.152.95$2,383
Jun 2015067256.152.88$1,937
May 201516283655.212.96$11,415
Apr 2015067349.822.71$1,822
Mar 201516458742.892.93$8,757
Feb 201516458044.662.98$9,050
Jan 2015037743.433.10$1,169
Dec 2014022154.693.59$794
Nov 201405570.464.25$234
Oct 20140078.303.90$0
Sep 2014019086.164.05$769
Aug 2014040489.394.04$1,630
Jul 2014044496.564.18$1,856
Jun 2014039498.164.74$1,866
May 201416944994.734.73$18,132
Apr 2014037195.944.81$1,784
Mar 2014039095.895.06$1,972
Feb 201410934097.406.19$12,722
Jan 201416641190.404.86$17,004
Dec 2013041591.824.35$1,807
Nov 2013041588.853.74$1,551
Oct 2013040897.423.78$1,542
Sep 20130492104.113.72$1,829
Aug 2013165505104.253.52$18,980
Jul 20130326102.523.72$1,212
Jun 201317138094.403.93$17,637
May 2013067294.834.15$2,788
Apr 2013067993.964.28$2,908
Mar 201316557893.623.91$17,709
Feb 2013032991.233.42$1,125
Jan 201316247291.603.42$16,453
Dec 2012045686.773.42$1,560
Nov 2012048486.953.62$1,754
Oct 201216752889.383.40$16,721
Sep 2012056294.672.92$1,640
Aug 201216958292.662.91$17,352
Jul 2012054885.133.02$1,655
Jun 2012057779.822.52$1,453
May 2012027891.612.49$692
Apr 20120528101.652.00$1,054
Mar 2012158490105.052.22$17,687
Feb 20120284101.102.57$730
Jan 2012033698.092.73$919
Dec 201116736396.873.24$17,353
Nov 2011036495.723.31$1,205
Oct 2011098284.983.65$3,583
Sep 201117468283.623.99$17,268
Aug 2011055383.404.15$2,295
Jul 2011055094.144.52$2,484
Jun 201116656892.904.64$18,057
May 2011093998.134.40$4,136
Apr 2011165231105.964.33$18,484
Mar 2011044896.364.06$1,818
Feb 201116825185.644.18$15,437
Jan 2011012386.504.59$564
Dec 2010029985.734.35$1,300
Nov 2010027380.843.80$1,036
Oct 2010054978.103.51$1,926
Sep 2010047872.633.98$1,902
Aug 2010047973.684.42$2,117
Jul 201016341472.554.74$13,787
Jun 2010056970.364.91$2,794
May 2010055771.124.24$2,359
Apr 2010059681.694.12$2,457
Mar 201034254178.394.39$29,184
Feb 2010055673.585.44$3,026
Jan 201016456774.365.96$15,577
Dec 2009053071.445.48$2,906
Nov 2009054774.593.75$2,052
Oct 2009062072.544.11$2,548
Sep 2009066765.543.06$2,044
Aug 2009059067.423.22$1,899
Jul 200916374861.133.46$12,556
Jun 2009065966.163.90$2,567
May 200916858754.743.93$11,501
Apr 2009064146.773.59$2,300
Mar 200917063442.144.06$9,737
Feb 2009054432.814.63$2,520
Jan 2009057335.865.37$3,078
Dec 200815651637.105.98$8,872
Nov 2008049655.496.86$3,403
Oct 2008061375.246.92$4,243
Sep 2008163665101.767.88$21,825
Aug 20080601114.228.48$5,098
Jul 20080657131.0811.39$7,483
Jun 2008167675131.3313.03$30,729
May 20080706123.1711.57$8,171
Apr 2008166640110.3110.45$25,003
Mar 2008172632101.909.66$23,634
Feb 2008054392.538.77$4,762
Jan 200816955990.388.21$19,861
Dec 2007059588.337.30$4,345
Nov 200716263691.677.29$19,488
Oct 2007068082.856.92$4,707
Sep 200716167475.846.24$16,419
Aug 2007070169.066.39$4,478
Jul 200716370770.906.39$16,073
Jun 200716273162.007.55$15,562
May 2007090258.747.85$7,077
Apr 200715971259.617.81$15,035
Mar 200716070956.927.30$14,284
Feb 2007057255.108.22$4,700
Jan 2007070950.306.73$4,769
Dec 200616877556.656.92$14,879
Nov 2006065454.207.62$4,982
Oct 2006093754.906.01$5,635
Sep 200616996860.085.04$15,030
Aug 200601,01868.717.34$7,472
Jul 200616784869.376.34$16,963
Jun 2006090866.286.38$5,797
May 20061701,07166.016.42$18,103
Apr 20061661,01364.397.36$18,145
Mar 200619089356.707.08$17,098
Feb 200601,02757.597.75$7,960
Jan 20061641,14460.598.93$20,156
Dec 20051661,52354.9413.42$29,552
Nov 2005085054.6910.59$9,000
Oct 20051671,25458.3413.80$27,043
Sep 2005038061.4512.08$4,590
Aug 200501,19961.519.80$11,746
Jul 20051631,35555.697.84$19,706
Jun 20051661,24352.337.38$17,861
May 20051641,25545.226.65$15,763
Apr 2005053349.207.36$3,923
Mar 200516876150.377.15$13,907
Feb 200516882345.226.31$12,792
Jan 200516747443.166.32$10,204
Dec 200415846439.866.75$9,430
Nov 2004033045.286.33$2,089
Oct 20041651,49249.706.52$17,921
Sep 20041661,07243.245.28$12,842
Aug 200416693842.375.55$12,240
Jul 200416273738.286.08$10,685
Jun 2004086936.106.43$5,590
May 200416182837.486.49$11,412
Apr 200417178634.475.86$10,499
Mar 200433574434.365.53$15,625
Feb 200417569732.455.51$9,519
Jan 200416878632.036.30$10,333
Dec 200317550230.266.30$8,459
Nov 2003075628.804.60$3,474
Oct 200317155228.174.76$7,444
Sep 2003073626.314.75$3,496
Aug 200318186729.765.13$9,834
Jul 2003084729.415.17$4,380
Jun 2003078828.565.98$4,715
May 200315384526.595.97$9,115
Apr 2003056426.675.41$3,050
Mar 200313079031.146.10$8,864
Feb 200319764133.487.93$11,676
Jan 200317864830.315.58$9,012
Dec 2002062926.914.85$3,053
Nov 200217268424.664.14$7,071
Oct 2002088526.464.23$3,743
Sep 200216785327.443.64$7,683
Aug 200216886625.963.16$7,101
Jul 200217289224.583.06$6,959
Jun 2002093223.733.34$3,111
May 200216979324.663.58$7,010
Apr 2002054123.653.51$1,900
Mar 200233471722.003.10$9,573
Feb 2002053418.222.38$1,269
Jan 200216752917.172.38$4,124
Dec 2001059616.932.36$1,409
Nov 200117374118.072.41$4,909
Oct 200117388219.782.53$5,652
Sep 200117479524.262.25$6,011
Aug 2001097424.873.05$2,974
Jul 200116182923.933.20$6,503
Jun 200134691624.563.82$12,001
May 200116873125.524.31$7,436
Apr 2001031424.685.34$1,675
Mar 200118071724.545.38$8,272
Feb 200116262527.755.77$8,100
Jan 200117072627.478.40$10,767
Dec 200016572526.889.12$11,049
Nov 200017185732.215.66$10,357
Oct 200017275731.235.15$9,267
Sep 200016798331.875.19$10,421
Aug 200016790429.644.54$9,055
Jul 20001721,08328.534.09$9,336
Jun 2000093329.304.40$4,103
May 20001771,00427.263.68$8,519
Apr 2000099924.513.12$3,113
Mar 200016892428.422.86$7,417
Feb 200017885927.622.73$7,258
Jan 2000075925.272.48$1,883
Dec 199917499024.282.42$6,624
Nov 199901,03923.192.43$2,529
Oct 199917231420.982.80$4,489
Sep 199901,12321.752.62$2,941
Aug 19991671,20719.262.88$6,687
Jul 19991681,20317.892.37$5,859
Jun 19991681,22115.942.36$5,562
May 19991671,24315.792.32$5,522
Apr 199901,23915.102.21$2,736
Mar 19991691,25612.471.84$4,416
Feb 19991669719.981.82$3,422
Jan 19991691,18610.381.90$4,008
Dec 19981631,5049.201.77$4,167
Nov 19981731,69510.892.19$5,589
Oct 19981651,39212.421.97$4,790
Sep 199816944012.592.08$3,044
Aug 1998045811.301.91$874
Jul 199816736811.742.24$2,784
Jun 1998028411.242.24$635
May 1998020612.622.21$455
Apr 199816715013.042.51$2,553
Mar 1998012212.802.31$282
Feb 199816610113.952.30$2,548
Jan 199808514.702.15$183
Dec 199717513416.322.41$3,179
Nov 1997027018.193.09$834
Oct 1997039319.253.15$1,238
Sep 199716738917.742.95$4,112
Aug 1997039417.862.55$1,007
Jul 199716734017.582.25$3,700
Jun 1997029317.242.26$661
May 199716615018.972.31$3,495
Apr 1997015217.882.08$317
Mar 199717010218.951.94$3,419
Feb 1997014420.492.21$318
Jan 1997016923.483.54$598
Dec 199616721123.32$3,894
Nov 1996031221.97$0
Oct 199617038623.31$3,963
Sep 1996039822.22$0
Aug 199616740520.26$3,383
Jul 1996033719.55$0
Jun 199616428018.73$3,072
May 1996023819.43$0
Apr 199617520921.51$3,764
Mar 199616819819.38$3,256
Feb 1996022316.98$0
Jan 199617129017.07$2,919
Dec 1995034617.19$0
Nov 1995039916.00$0
Oct 199517047115.43$2,623
Sep 1995046516.18$0
Aug 199516340415.92$2,595
Jul 1995027915.24$0
Jun 19958022616.41$1,313
May 19958119817.56$1,422
Apr 1995020917.73$0
Mar 199516320916.44$2,680
Feb 1995019016.58$0
Jan 19957818915.92$1,242
Dec 1994022715.03$0
Nov 19948140015.90$1,288
Oct 199417051615.58$2,649
Sep 19948335815.29$1,269
Aug 19947821916.13$1,258
Jul 1994050617.56$0
Jun 19948342217.09$1,418
May 199417138015.88$2,715
Apr 19948652714.14$1,216
Mar 19947837312.46$972
Feb 1994010312.50$0
Jan 19948521412.66$1,076
Dec 19938037112.33$986
Nov 19938256114.49$1,188
Oct 199317480315.85$2,758
Sep 1993076115.03$0
Aug 1993025115.66$0
Jul 199316878115.46$2,597
Jun 199334089616.79$5,709
May 19931681,01517.68$2,970
Apr 199317094718.05$3,069
Mar 199334868118.14$6,313
Feb 1993049117.90$0
Jan 199317538516.93$2,963

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       257 Mcf  × $  3.05 =       $783

────────────────────────────────────────────────────
Month total                                     $783

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/296 is the state's own key, not one this site invented.