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HUGHEY, I. B. -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 310District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$55 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

The PANHANDLE GRAY COUNTY FIELD field

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
NGPA8none——

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
OilDisposition29,116 bbl$1,142,216
Casinghead gasProduction168,479 Mcf$537,428
Total$1,679,645

39,996 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 (8)

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 35.4930, -100.9963. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.49294, -100.99631 · 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
12.5%
1 of 8 wells
With a plug date
12.5%
1 of 8 wells
Median depth
3,287 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
112.5%
A plug date is filed
112.5%
BothOn the schedule and plugged. Neither fact cancels the other.
112.5%
NeitherNo plug date, and not on the schedule.
787.5%

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, 2 of 8 wells. Median 3,287 ft, with the middle half between 3,287 and 3,288 ft; the shallowest is 3,286 ft and the deepest 3,288 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 8 wells, Jul 1940. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jul 1940
1 of 8 wells; 7 filed none
Plug dates filed
Apr 2011
1 of 8 wells; 7 filed none

8 wells

42-1790071883,288 ft—Apr 2011Yes
42-179815871————
42-179815893————
42-179815904————
42-179815915————
42-179815926————
42-179815937————
42-1790633323,286 ftJul 1940——

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 202615620698.932.87$16,024
Mar 2026021089.753.15$661
Feb 202601,46063.503.75$5,475
Jan 202615218559.138.00$10,467
Dec 2025019056.664.41$839
Nov 2025018058.593.93$707
Oct 2025018559.383.30$611
Sep 2025018062.743.08$554
Aug 202514115963.933.01$9,493
Jul 202509866.743.32$325
Jun 202514218266.483.13$10,010
May 2025016060.553.23$517
Apr 2025014362.363.54$507
Mar 202513712667.704.27$9,813
Feb 2025010870.884.34$469
Jan 202509274.324.28$394
Dec 2024019168.993.12$596
Nov 202405769.052.20$125
Oct 2024018471.372.28$420
Sep 2024020569.612.36$485
Aug 202416820275.632.06$13,123
Jul 2024022179.932.15$474
Jun 2024018078.082.63$474
May 2024020478.812.20$448
Apr 202416920184.451.66$14,606
Mar 2024022880.301.55$352
Feb 2024018176.091.78$323
Jan 2024020573.023.30$676
Dec 2023016171.262.61$420
Nov 202313720177.892.81$11,235
Oct 2023020985.443.09$645
Sep 2023019589.042.74$533
Aug 2023022280.522.67$593
Jul 202312921174.852.64$10,213
Jun 2023019668.962.26$443
May 2023023570.622.23$523
Apr 2023021878.122.24$488
Mar 20235521172.852.39$4,512
Feb 202312220075.112.47$9,657
Jan 2023021476.533.39$725
Dec 2022020076.415.73$1,146
Nov 20224724185.005.65$5,356
Oct 20227422387.185.86$7,759
Sep 2022019584.888.16$1,592
Aug 20228022394.529.13$9,597
Jul 20220207101.587.54$1,561
Jun 202272207115.097.98$9,938
May 20220214109.378.43$1,805
Apr 202239122104.226.84$4,899
Mar 20224036108.885.08$4,538
Feb 20221344491.054.86$12,414
Jan 202208981.844.54$404
Dec 2021016371.323.90$636
Nov 20219815877.435.24$8,416
Oct 2021017179.795.71$977
Sep 202114514769.865.35$10,916
Aug 2021018066.024.22$760
Jul 202115014570.783.98$11,194
Jun 2021014969.493.38$504
May 202116214763.483.02$10,727
Apr 2021015960.362.76$439
Mar 2021012661.302.72$342
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020018644.642.68$498
Nov 2020013638.772.71$368
Oct 2020013436.972.48$332
Sep 2020019637.091.99$390
Aug 2020020839.982.39$496
Jul 2020012438.371.83$226
Jun 2020012334.901.69$208
May 202009116.921.81$165
Apr 2020015114.751.80$272
Mar 2020017130.341.86$317
Feb 202009149.881.98$180
Jan 2020011157.252.09$233
Dec 201904759.012.30$108
Nov 201901955.302.75$52
Oct 2019016353.472.42$394
Sep 2019013555.052.66$359
Aug 2019019453.112.30$447
Jul 201908056.272.46$197
Jun 2019016852.782.49$419
May 2019018558.482.74$507
Apr 2019015362.632.75$421
Mar 2019017156.803.06$524
Feb 2019016250.852.79$452
Jan 2019019946.033.23$642
Dec 2018020446.594.19$854
Nov 2018017852.934.24$754
Oct 2018019961.443.40$676
Sep 2018019059.543.11$591
Aug 2018019859.403.07$607
Jul 2018020265.142.93$592
Jun 2018018860.183.08$578
May 2018020765.382.90$600
Apr 2018018063.842.90$522
Mar 201816518461.222.79$10,614
Feb 2018017861.782.77$492
Jan 201808462.874.01$337
Dec 2017013057.272.92$380
Nov 2017019555.423.12$608
Oct 2017020449.292.98$609
Sep 2017019547.523.09$602
Aug 2017020945.373.00$628
Jul 2017024243.873.09$747
Jun 201716920842.493.09$7,823
May 2017012645.373.26$411
Apr 2017020947.933.21$671
Mar 2017020546.772.98$612
Feb 201715419650.452.95$8,348
Jan 2017020949.413.42$715
Dec 2016013948.763.72$517
Nov 2016021542.492.64$569
Oct 2016014846.193.09$457
Sep 2016017841.553.10$552
Aug 2016021441.442.92$626
Jul 2016018841.622.92$550
Jun 2016015945.352.69$427
May 201606842.521.99$135
Apr 20161688636.561.99$6,313
Mar 2016019733.011.79$353
Feb 2016018826.472.06$388
Jan 2016019627.352.36$463
Dec 2015017932.362.00$358
Nov 2015019538.792.17$423
Oct 201516520843.552.43$7,690
Sep 2015020942.992.76$577
Aug 2015021640.162.87$620
Jul 201516719048.152.95$8,601
Jun 2015018356.152.88$528
May 2015022955.212.96$677
Apr 2015022349.822.71$604
Mar 2015023542.892.93$690
Feb 201516421144.662.98$7,952
Jan 2015019743.433.10$611
Dec 2014020954.693.59$751
Nov 201416619570.464.25$12,525
Oct 2014017178.303.90$667
Sep 2014020986.164.05$846
Aug 2014019589.394.04$787
Jul 2014021796.564.18$907
Jun 201416322198.164.74$17,047
May 2014022494.734.73$1,059
Apr 2014015895.944.81$760
Mar 2014023295.895.06$1,173
Feb 201415416597.406.19$16,021
Jan 2014019690.404.86$953
Dec 2013020891.824.35$906
Nov 201316522788.853.74$15,509
Oct 2013024097.423.78$907
Sep 20130208104.113.72$773
Aug 20130149104.253.52$525
Jul 2013166126102.523.72$17,487
Jun 2013020094.403.93$787
May 2013018194.834.15$751
Apr 201316617493.964.28$16,343
Mar 2013022793.623.91$888
Feb 2013017891.233.42$609
Jan 2013019591.603.42$667
Dec 201216822486.773.42$15,343
Nov 2012025986.953.62$939
Oct 2012026689.383.40$904
Sep 2012024894.672.92$724
Aug 201216718492.662.91$16,009
Jul 2012025585.133.02$770
Jun 201215925879.822.52$13,341
May 2012023791.612.49$590
Apr 20120271101.652.00$541
Mar 20120282105.052.22$627
Feb 20120249101.102.57$640
Jan 2012026998.092.73$735
Dec 2011024696.873.24$797
Nov 2011026795.723.31$884
Oct 201116528784.983.65$15,069
Sep 2011025883.623.99$1,028
Aug 2011030283.404.15$1,253
Jul 201116429294.144.52$16,758
Jun 2011029292.904.64$1,355
May 201117328798.134.40$18,241
Apr 2011042105.964.33$182
Mar 2011026096.364.06$1,055
Feb 201114722485.644.18$13,525
Jan 2011031786.504.59$1,455
Dec 2010030585.734.35$1,326
Nov 201016513280.843.80$13,840
Oct 2010031478.103.51$1,102
Sep 2010030372.633.98$1,206
Aug 201016221973.684.42$12,904
Jul 2010017572.554.74$829
Jun 2010025770.364.91$1,262
May 2010024771.124.24$1,046
Apr 201016824881.694.12$14,746
Mar 2010026678.394.39$1,167
Feb 2010023073.585.44$1,252
Jan 2010026174.365.96$1,557
Dec 200916627771.445.48$13,378
Nov 20091318274.593.75$10,079
Oct 2009032072.544.11$1,315
Sep 200916825365.543.06$11,786
Aug 2009027467.423.22$882
Jul 2009028861.133.46$998
Jun 200929531466.163.90$20,740
May 2009028854.743.93$1,131
Apr 2009031046.773.59$1,112
Mar 200915725642.144.06$7,655
Feb 200912820932.814.63$5,168
Jan 2009028735.865.37$1,541
Dec 2008031537.105.98$1,883
Nov 2008032855.496.86$2,250
Oct 2008037875.246.92$2,617
Sep 20080380101.767.88$2,993
Aug 20080158114.228.48$1,340
Jul 2008148380131.0811.39$23,728
Jun 20080324131.3313.03$4,223
May 20080377123.1711.57$4,364
Apr 2008166292110.3110.45$21,364
Mar 20080313101.909.66$3,025
Feb 200817131192.538.77$18,550
Jan 200815030590.388.21$16,060
Dec 2007031588.337.30$2,300
Nov 200716835791.677.29$18,004
Oct 2007037382.856.92$2,582
Sep 2007038075.846.24$2,373
Aug 2007040769.066.39$2,600
Jul 200717041070.906.39$14,672
Jun 2007039962.007.55$3,012
May 2007042858.747.85$3,358
Apr 200716628559.617.81$12,120
Mar 2007038456.927.30$2,804
Feb 200716934455.108.22$12,138
Jan 2007040250.306.73$2,704
Dec 2006043256.656.92$2,989
Nov 200617142954.207.62$12,536
Oct 2006045754.906.01$2,748
Sep 2006044060.085.04$2,216
Aug 200616542468.717.34$14,449
Jul 2006037869.376.34$2,398
Jun 200616538166.286.38$13,368
May 2006045266.016.42$2,904
Apr 200617140064.397.36$13,955
Mar 200616637656.707.08$12,075
Feb 200617233057.597.75$12,463
Jan 2006038660.598.93$3,448
Dec 200516137654.9413.42$13,890
Nov 2005025654.6910.59$2,711
Oct 200516531758.3413.80$13,999
Sep 2005010661.4512.08$1,280
Aug 200516331361.519.80$13,093
Jul 2005049555.697.84$3,883
Jun 200516943752.337.38$12,069
May 2005042745.226.65$2,840
Apr 2005039849.207.36$2,929
Mar 200510442250.377.15$8,258
Feb 200516437945.226.31$9,808
Jan 200516941943.166.32$9,943
Dec 2004042839.866.75$2,889
Nov 200417142845.286.33$10,452
Oct 2004045949.706.52$2,990
Sep 2004044643.245.28$2,357
Aug 200417762442.375.55$10,963
Jul 2004062238.286.08$3,784
Jun 2004061736.106.43$3,969
May 200416964437.486.49$10,517
Apr 2004052234.475.86$3,058
Mar 200416558734.365.53$8,916
Feb 2004056532.455.51$3,113
Jan 200416955832.036.30$8,928
Dec 2003051030.266.30$3,214
Nov 200316551928.804.60$7,137
Oct 2003050128.174.76$2,385
Sep 2003054726.314.75$2,598
Aug 200315559129.765.13$7,644
Jul 2003059929.415.17$3,097
Jun 200316758828.565.98$8,288
May 2003052426.595.97$3,130
Apr 200317957026.675.41$7,856
Mar 200317562231.146.10$9,241
Feb 200316757633.487.93$10,156
Jan 2003055930.315.58$3,120
Dec 200217654726.914.85$7,391
Nov 2002066624.664.14$2,755
Oct 2002060526.464.23$2,559
Sep 200217257127.443.64$6,795
Aug 200217556025.963.16$6,315
Jul 2002076324.583.06$2,336
Jun 2002073223.733.34$2,444
May 200216672824.663.58$6,703
Apr 2002068923.653.51$2,420
Mar 200217372722.003.10$6,062
Feb 2002066318.222.38$1,575
Jan 200216670117.172.38$4,516
Dec 2001066316.932.36$1,568
Nov 200117462518.072.41$4,648
Oct 2001071819.782.53$1,816
Sep 200116968724.262.25$5,647
Aug 2001067724.873.05$2,067
Jul 2001071323.933.20$2,280
Jun 200116975424.563.82$7,034
May 200116875325.524.31$7,531
Apr 2001076624.685.34$4,087
Mar 200132077924.545.38$12,041
Feb 2001067627.755.77$3,899
Jan 2001075827.478.40$6,366
Dec 200016885426.889.12$12,306
Nov 2000067232.215.66$3,802
Oct 200017267331.235.15$8,834
Sep 2000060531.875.19$3,138
Aug 2000058629.644.54$2,661
Jul 200016060728.534.09$7,047
Jun 2000070529.304.40$3,100
May 200015775927.263.68$7,073
Apr 200016477524.513.12$6,435
Mar 2000082228.422.86$2,351
Feb 200016779627.622.73$6,783
Jan 200015979525.272.48$5,990
Dec 1999068224.282.42$1,653
Nov 199916373523.192.43$5,569
Oct 199917277420.982.80$5,779
Sep 199916276721.752.62$5,532
Aug 1999074719.262.88$2,148
Jul 199916367117.892.37$4,508
Jun 199917369115.942.36$4,390
May 1999076015.792.32$1,764
Apr 199916278115.102.21$4,171
Mar 199916480812.471.84$3,530
Feb 199905219.981.82$947
Jan 199916061610.381.90$2,831
Dec 19981607609.201.77$2,820
Nov 1998071510.892.19$1,563
Oct 199816675212.421.97$3,543
Sep 199816573412.592.08$3,606
Aug 1998076111.301.91$1,451
Jul 19981561,65811.742.24$5,541
Jun 19981601,45611.242.24$5,056
May 19981631,51312.622.21$5,395
Apr 19983331,52113.042.51$8,153
Mar 199801,23112.802.31$2,843
Feb 199801,11413.952.30$2,561
Jan 1998095014.702.15$2,047
Dec 199716686716.322.41$4,800
Nov 1997084818.193.09$2,619
Oct 19971631,09519.253.15$6,587
Sep 199716364517.742.95$4,798
Aug 199716275117.862.55$4,812
Jul 199715474517.582.25$4,381
Jun 199715975817.242.26$4,452
May 199732679518.972.31$8,019
Apr 1997076217.882.08$1,587
Mar 199717084918.951.94$4,868
Feb 1997064720.492.21$1,427
Jan 199733164523.483.54$10,055
Dec 1996071223.32—$0
Nov 199613769621.97—$3,010
Oct 199611776523.31—$2,727
Sep 199633876122.22—$7,510
Aug 1996078920.26—$0
Jul 199617078819.55—$3,324
Jun 199617081318.73—$3,184
May 199617074119.43—$3,303
Apr 199617285921.51—$3,700
Mar 199616492719.38—$3,178
Feb 199616955216.98—$2,870
Jan 199616775417.07—$2,851
Dec 199512480717.19—$2,132
Nov 199517072816.00—$2,720
Oct 199516674115.43—$2,561
Sep 1995074816.18—$0
Aug 199516377015.92—$2,595
Jul 199516074815.24—$2,438
Jun 199533677216.41—$5,514
May 1995076117.56—$0
Apr 199533583117.73—$5,940
Mar 199511075616.44—$1,808
Feb 199516465116.58—$2,719
Jan 199533868815.92—$5,381
Dec 19941967415.03—$286
Nov 199417080015.90—$2,703
Oct 199433378015.58—$5,188
Sep 199417653415.29—$2,691
Aug 199412787816.13—$2,049
Jul 199428196217.56—$4,934
Jun 199428689317.09—$4,888
May 199411497415.88—$1,810
Apr 199417092214.14—$2,404
Mar 19942481,01612.46—$3,090
Feb 199417982712.50—$2,238
Jan 199410789112.66—$1,355
Dec 199334189512.33—$4,205
Nov 1993511,02414.49—$739
Oct 19934261,04315.85—$6,752
Sep 19932951,00615.03—$4,434
Aug 199326391515.66—$4,119
Jul 19931731,00815.46—$2,675
Jun 19931181,05716.79—$1,981
May 199334097317.68—$6,011
Apr 19931661,07018.05—$2,996
Mar 19932271,00418.14—$4,118
Feb 199322585817.90—$4,028
Jan 199321483416.93—$3,623

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.

Apr 2026 — as filed, then multipliedworked
Oil                  156 bbl  × $ 98.93 =    $15,433
Casinghead gas       206 Mcf  × $  2.87 =       $591

────────────────────────────────────────────────────
Month total                                  $16,024

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/310 is the state's own key, not one this site invented.