HOLMES, A.

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 309District 10Field 68873001OilCasinghead gasSaveExport
Value, all time
$3.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$21 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.

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
OilDisposition70,985 bbl$3,145,348
Casinghead gasProduction177 Mcf$624
Total$3,145,972

48 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 (3)

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.

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
66.7%
2 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
3,224 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
266.7%
NeitherNo plug date, and not on the schedule.
133.3%

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 3,152 and 3,295 ft, median 3,224 ft, over the 2 wells that filed a depth.

Plug dates filed
Aug 1981
2 of 3 wells; 1 filed none

3 wells

42-1798158433,152 ftAug 1981Yes
42-1798158553,295 ftAug 1981Yes
42-179815866

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 202568056.664.41$3,853
Nov 202571058.593.93$4,160
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025188066.743.32$12,547
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 2025147062.363.54$9,167
Mar 202550067.704.27$3,385
Feb 20250070.884.34$0
Jan 20256074.324.28$446
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 2024123071.372.28$8,779
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 2024113079.932.15$9,032
Jun 20240078.082.63$0
May 202426078.812.20$2,049
Apr 20240084.451.66$0
Mar 202457080.301.55$4,577
Feb 2024122076.091.78$9,283
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 202369077.892.81$5,374
Oct 2023125085.443.09$10,680
Sep 2023181089.042.74$16,116
Aug 2023151080.522.67$12,159
Jul 2023172074.852.64$12,874
Jun 20230068.962.26$0
May 2023180070.622.23$12,712
Apr 20230078.122.24$0
Mar 2023181072.852.39$13,186
Feb 2023176075.112.47$13,219
Jan 2023100076.533.39$7,653
Dec 2022175076.415.73$13,372
Nov 2022112085.005.65$9,520
Oct 202259087.185.86$5,144
Sep 2022120084.888.16$10,186
Aug 202251094.529.13$4,821
Jul 20221790101.587.54$18,183
Jun 202200115.097.98$0
May 20221470109.378.43$16,077
Apr 20221040104.226.84$10,839
Mar 20221470108.885.08$16,005
Feb 202244091.054.86$4,006
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021170069.865.35$11,876
Aug 20210066.024.22$0
Jul 2021125070.783.98$8,848
Jun 2021157069.493.38$10,910
May 20210063.483.02$0
Apr 2021158060.362.76$9,537
Mar 2021184061.302.72$11,279
Feb 20210057.805.55$0
Jan 2021180050.412.81$9,074
Dec 2020166044.642.68$7,410
Nov 20200038.772.71$0
Oct 2020144036.972.48$5,324
Sep 20200037.091.99$0
Aug 2020150039.982.39$5,997
Jul 2020158038.371.83$6,062
Jun 2020354034.901.69$12,355
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020179030.341.86$5,431
Feb 20200049.881.98$0
Jan 2020163057.252.09$9,332
Dec 2019164059.012.30$9,678
Nov 2019173055.302.75$9,567
Oct 20190053.472.42$0
Sep 2019129055.052.66$7,101
Aug 2019170053.112.30$9,029
Jul 2019160056.272.46$9,003
Jun 2019176052.782.49$9,289
May 2019163058.482.74$9,532
Apr 2019175062.632.75$10,960
Mar 20190056.803.06$0
Feb 2019165050.852.79$8,390
Jan 2019189046.033.23$8,700
Dec 20180046.594.19$0
Nov 2018169052.934.24$8,945
Oct 2018173061.443.40$10,629
Sep 2018167059.543.11$9,943
Aug 2018162059.403.07$9,623
Jul 20180065.142.93$0
Jun 2018171060.183.08$10,291
May 2018176065.382.90$11,507
Apr 2018183063.842.90$11,683
Mar 2018183061.222.79$11,203
Feb 2018185061.782.77$11,429
Jan 20180062.874.01$0
Dec 2017144057.272.92$8,247
Nov 2017171055.423.12$9,477
Oct 20170049.292.98$0
Sep 2017173047.523.09$8,221
Aug 2017172045.373.00$7,804
Jul 20170043.873.09$0
Jun 2017306042.493.09$13,002
May 20170045.373.26$0
Apr 2017319047.933.21$15,290
Mar 2017182046.772.98$8,512
Feb 20170050.452.95$0
Jan 2017174049.413.42$8,597
Dec 2016182048.763.72$8,874
Nov 20160042.492.64$0
Oct 2016192046.193.09$8,868
Sep 20160041.553.10$0
Aug 2016172041.442.92$7,128
Jul 2016181041.622.92$7,533
Jun 2016171045.352.69$7,755
May 20160042.521.99$0
Apr 2016175036.561.99$6,398
Mar 2016168033.011.79$5,546
Feb 2016171026.472.06$4,526
Jan 2016342027.352.36$9,354
Dec 20150032.362.00$0
Nov 2015182038.792.17$7,060
Oct 20150043.552.43$0
Sep 2015164042.992.76$7,050
Aug 2015179040.162.87$7,189
Jul 2015157048.152.95$7,560
Jun 2015180056.152.88$10,107
May 2015186055.212.96$10,269
Apr 2015182049.822.71$9,067
Mar 2015175042.892.93$7,506
Feb 2015183044.662.98$8,173
Jan 2015186043.433.10$8,078
Dec 2014171054.693.59$9,352
Nov 2014170070.464.25$11,978
Oct 2014183078.303.90$14,329
Sep 2014182086.164.05$15,681
Aug 2014153089.394.04$13,677
Jul 20140096.564.18$0
Jun 2014176098.164.74$17,276
May 2014353094.734.73$33,440
Apr 20140095.944.81$0
Mar 2014225095.895.06$21,575
Feb 2014174097.406.19$16,948
Jan 2014185090.404.86$16,724
Dec 2013169091.824.35$15,518
Nov 2013180088.853.74$15,993
Oct 2013180097.423.78$17,536
Sep 201300104.113.72$0
Aug 20133480104.253.52$36,279
Jul 20131780102.523.72$18,249
Jun 2013179094.403.93$16,898
May 2013156094.834.15$14,793
Apr 20130093.964.28$0
Mar 2013315093.623.91$29,490
Feb 20130091.233.42$0
Jan 2013171091.603.42$15,664
Dec 2012154086.773.42$13,363
Nov 2012178086.953.62$15,477
Oct 2012171089.383.40$15,284
Sep 2012178094.672.92$16,851
Aug 2012177092.662.91$16,401
Jul 2012173085.133.02$14,727
Jun 2012346079.822.52$27,618
May 2012171091.612.49$15,665
Apr 20121670101.652.00$16,976
Mar 20121770105.052.22$18,594
Feb 20121760101.102.57$17,794
Jan 2012179098.092.73$17,558
Dec 2011300096.873.24$29,061
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011171083.623.99$14,299
Aug 2011150083.404.15$12,510
Jul 2011165094.144.52$15,533
Jun 2011160092.904.64$14,864
May 2011173098.134.40$16,976
Apr 20113390105.964.33$35,920
Mar 2011166096.364.06$15,996
Feb 2011181085.644.18$15,501
Jan 2011187086.504.59$16,176
Dec 2010178085.734.35$15,260
Nov 2010180080.843.80$14,551
Oct 2010340078.103.51$26,554
Sep 2010168072.633.98$12,202
Aug 2010157073.684.42$11,568
Jul 2010178072.554.74$12,914
Jun 2010160070.364.91$11,258
May 2010172071.124.24$12,233
Apr 20100081.694.12$0
Mar 2010347078.394.39$27,201
Feb 2010176073.585.44$12,950
Jan 2010165074.365.96$12,269
Dec 20090071.445.48$0
Nov 2009166074.593.75$12,382
Oct 2009340072.544.11$24,664
Sep 20090065.543.06$0
Aug 2009156067.423.22$10,518
Jul 2009167061.133.46$10,209
Jun 2009342066.163.90$22,627
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 2009185042.144.06$7,796
Feb 20090032.814.63$0
Jan 2009165035.865.37$5,917
Dec 2008181037.105.98$6,715
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20081670101.767.88$16,994
Aug 20081830114.228.48$20,902
Jul 20081590131.0811.39$20,842
Jun 200800131.3313.03$0
May 20081480123.1711.57$18,229
Apr 20081520110.3110.45$16,767
Mar 20081690101.909.66$17,221
Feb 2008140092.538.77$12,954
Jan 2008151090.388.21$13,647
Dec 2007181088.337.30$15,988
Nov 2007180091.677.29$16,501
Oct 2007147082.856.92$12,179
Sep 2007134175.846.24$10,169
Aug 20070169.066.39$6
Jul 2007187170.906.39$13,265
Jun 2007180162.007.55$11,168
May 2007179158.747.85$10,522
Apr 2007361159.617.81$21,527
Mar 20070156.927.30$7
Feb 2007186155.108.22$10,257
Jan 20070150.306.73$7
Dec 2006176156.656.92$9,977
Nov 2006317154.207.62$17,189
Oct 2006130154.906.01$7,143
Sep 2006331160.085.04$19,892
Aug 2006127168.717.34$8,734
Jul 2006136169.376.34$9,441
Jun 2006301166.286.38$19,957
May 2006153166.016.42$10,106
Apr 2006311164.397.36$20,033
Mar 2006145156.707.08$8,229
Feb 2006317157.597.75$18,264
Jan 2006156160.598.93$9,461
Dec 2005130154.9413.42$7,156
Nov 2005275154.6910.59$15,050
Oct 2005142158.3413.80$8,298
Sep 2005334161.4512.08$20,536
Aug 2005136161.519.80$8,375
Jul 2005286155.697.84$15,935
Jun 2005333152.337.38$17,433
May 2005126145.226.65$5,704
Apr 2005317149.207.36$15,604
Mar 2005119150.377.15$6,001
Feb 2005274145.226.31$12,397
Jan 2005101143.166.32$4,365
Dec 2004327139.866.75$13,041
Nov 2004184145.286.33$8,338
Oct 2004138149.706.52$6,865
Sep 2004281143.245.28$12,156
Aug 2004291142.375.55$12,335
Jul 2004280138.286.08$10,724
Jun 2004118136.106.43$4,266
May 2004307137.486.49$11,513
Apr 2004117134.475.86$4,039
Mar 2004316134.365.53$10,863
Feb 2004116132.455.51$3,770
Jan 2004316132.036.30$10,128
Dec 2003308130.266.30$9,326
Nov 2003132128.804.60$3,806
Oct 2003287128.174.76$8,090
Sep 2003124126.314.75$3,267
Aug 2003302129.765.13$8,993
Jul 2003134129.415.17$3,946
Jun 2003290128.565.98$8,288
May 2003130126.595.97$3,463
Apr 2003328126.675.41$8,753
Mar 2003333131.146.10$10,376
Feb 2003172133.487.93$5,766
Jan 2003173130.315.58$5,249
Dec 2002340126.914.85$9,154
Nov 200296124.664.14$2,372
Oct 2002338126.464.23$8,948
Sep 2002181127.443.64$4,970
Aug 2002139125.963.16$3,612
Jul 2002353124.583.06$8,680
Jun 2002132123.733.34$3,136
May 2002183124.663.58$4,516
Apr 2002299123.653.51$7,075
Mar 2002380122.003.10$8,363
Feb 2002169118.222.38$3,082
Jan 2002192117.172.38$3,299
Dec 2001304116.932.36$5,149
Nov 2001194118.072.41$3,508
Oct 2001394119.782.53$7,796
Sep 2001179124.262.25$4,345
Aug 2001381124.873.05$9,479
Jul 2001146123.933.20$3,497
Jun 2001371124.563.82$9,116
May 2001215125.524.31$5,491
Apr 2001373124.685.34$9,211
Mar 2001295124.545.38$7,245
Feb 20010127.755.77$6
Jan 20010127.478.40$8
Dec 2000171126.889.12$4,606
Nov 20000132.215.66$6
Oct 2000199131.235.15$6,220
Sep 2000161131.875.19$5,136
Aug 2000362129.644.54$10,734
Jul 2000338128.534.09$9,647
Jun 20000129.304.40$4
May 2000257127.263.68$7,010
Apr 2000312124.513.12$7,650
Mar 2000161128.422.86$4,578
Feb 2000182127.622.73$5,030
Jan 2000189125.272.48$4,779
Dec 1999198124.282.42$4,810
Nov 1999158123.192.43$3,666
Oct 1999356120.982.80$7,472
Sep 1999159121.752.62$3,461
Aug 1999354119.262.88$6,821
Jul 1999239117.892.37$4,278
Jun 1999204115.942.36$3,254
May 1999302115.792.32$4,771
Apr 1999166115.102.21$2,509
Mar 1999190112.471.84$2,371
Feb 199915919.981.82$1,589
Jan 1999278110.381.90$2,888
Dec 199821619.201.77$1,989
Nov 1998180110.892.19$1,962
Oct 1998209112.421.97$2,598
Sep 1998251112.592.08$3,162
Aug 1998245111.301.91$2,770
Jul 1998281111.742.24$3,301
Jun 1998294111.242.24$3,307
May 1998229112.622.21$2,892
Apr 1998349113.042.51$4,553
Mar 1998209112.802.31$2,678
Feb 1998234113.952.30$3,267
Jan 1998286114.702.15$4,206
Dec 1997214116.322.41$3,495
Nov 1997333118.193.09$6,060
Oct 1997328119.253.15$6,317
Sep 1997262117.742.95$4,651
Aug 1997285117.862.55$5,093
Jul 1997337117.582.25$5,927
Jun 1997211117.242.26$3,640
May 1997415118.972.31$7,875
Apr 1997208117.882.08$3,721
Mar 1997396118.951.94$7,506
Feb 1997201120.492.21$4,121
Jan 1997244123.483.54$5,733
Dec 1996256123.32$5,970
Nov 1996215121.97$4,724
Oct 1996373123.31$8,695
Sep 1996195122.22$4,333
Aug 1996360120.26$7,294
Jul 1996305119.55$5,963
Jun 1996294118.73$5,507
May 1996258119.43$5,013
Apr 1996296121.51$6,367
Mar 1996214119.38$4,147
Feb 1996326116.98$5,535
Jan 1996220117.07$3,755
Dec 1995329117.19$5,656
Nov 1995273116.00$4,368
Oct 1995352115.43$5,431
Sep 1995318116.18$5,145
Aug 1995228115.92$3,630
Jul 1995362115.24$5,517
Jun 1995224116.41$3,676
May 1995332117.56$5,830
Apr 1995242117.73$4,291
Mar 1995379116.44$6,231
Feb 1995333116.58$5,521
Jan 1995215115.92$3,423
Dec 1994321115.03$4,825
Nov 1994305115.90$4,850
Oct 1994261115.58$4,066
Sep 1994339115.29$5,183
Aug 1994257116.13$4,145
Jul 1994325117.56$5,707
Jun 1994275117.09$4,700
May 1994408115.88$6,479
Apr 1994255114.14$3,606
Mar 1994285112.46$3,551
Feb 1994241112.50$3,013
Jan 1994312112.66$3,950
Dec 1993240112.33$2,959
Nov 1993354114.49$5,129
Oct 1993237115.85$3,756
Sep 1993320115.03$4,810
Aug 1993260115.66$4,072
Jul 1993249115.46$3,850
Jun 1993303116.79$5,087
May 1993288117.68$5,092
Apr 1993325118.05$5,866
Mar 1993324118.14$5,877
Feb 1993224117.90$4,010
Jan 1993387116.93$6,552

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.

Dec 2025 — as filed, then multipliedworked
Oil                   68 bbl  × $ 56.66 =     $3,853
Casinghead gas         0 Mcf  × $  4.41 =         $0

────────────────────────────────────────────────────
Month total                                   $3,853

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/309 is the state's own key, not one this site invented.