SAILOR, MARTHA

Operated by RED LINE COMPANY, LTD. (P-5 697042) 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 322District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$11 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
NGPA6none

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
OilDisposition19,339 bbl$842,248
Casinghead gasProduction168,275 Mcf$710,744
Total$1,552,992

19,048 Mcf of this lease's gas, across 45 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 (6)

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
0.0%
0 of 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
no depth filed
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
6100.0%

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.

6 wells

42-179816941
42-179816952
42-179816963
42-179816974
42-179816986
42-179816997

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 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025168066.483.13$11,169
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 2024011475.632.06$235
Jul 2024022279.932.15$477
Jun 2024018478.082.63$485
May 2024020178.812.20$442
Apr 2024014584.451.66$241
Mar 2024011580.301.55$178
Feb 202408476.091.78$150
Jan 202402373.023.30$76
Dec 202305271.262.61$136
Nov 202308277.892.81$230
Oct 2023019185.443.09$590
Sep 2023025189.042.74$687
Aug 2023051380.522.67$1,371
Jul 2023069874.852.64$1,844
Jun 2023036768.962.26$829
May 2023023070.622.23$512
Apr 2023012578.122.24$280
Mar 2023014072.852.39$335
Feb 2023014975.112.47$367
Jan 2023011376.533.39$383
Dec 2022010576.415.73$602
Nov 2022021385.005.65$1,203
Oct 2022012087.185.86$704
Sep 20221785684.888.16$15,566
Aug 2022012694.529.13$1,150
Jul 2022054101.587.54$407
Jun 2022020115.097.98$160
May 202200109.378.43$0
Apr 202201104.226.84$7
Mar 202200108.885.08$0
Feb 20220191.054.86$5
Jan 20220181.844.54$5
Dec 202105871.323.90$226
Nov 20210177.435.24$5
Oct 20210079.795.71$0
Sep 20210169.865.35$5
Aug 202101566.024.22$63
Jul 202101670.783.98$64
Jun 202108769.493.38$294
May 2021012163.483.02$365
Apr 2021044260.362.76$1,219
Mar 2021041861.302.72$1,136
Feb 202109857.805.55$544
Jan 2021019350.412.81$542
Dec 2020027044.642.68$722
Nov 202001438.772.71$38
Oct 202002536.972.48$62
Sep 202008137.091.99$161
Aug 2020043039.982.39$1,026
Jul 202017670638.371.83$8,042
Jun 2020060134.901.69$1,016
May 2020039816.921.81$722
Apr 2020055814.751.80$1,007
Mar 2020077730.341.86$1,442
Feb 2020039749.881.98$786
Jan 2020017457.252.09$364
Dec 20190959.012.30$21
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 201904646.033.23$149
Dec 2018015746.594.19$657
Nov 2018011152.934.24$470
Oct 2018019961.443.40$676
Sep 201817423059.543.11$11,075
Aug 2018029759.403.07$911
Jul 201803965.142.93$114
Jun 2018015660.183.08$480
May 2018041665.382.90$1,207
Apr 2018041963.842.90$1,215
Mar 2018039661.222.79$1,104
Feb 2018030661.782.77$846
Jan 2018031762.874.01$1,271
Dec 2017035057.272.92$1,023
Nov 2017032155.423.12$1,001
Oct 2017032249.292.98$961
Sep 2017036247.523.09$1,118
Aug 201717834045.373.00$9,097
Jul 2017041743.873.09$1,287
Jun 2017034042.493.09$1,050
May 2017021045.373.26$685
Apr 2017038747.933.21$1,243
Mar 2017033546.772.98$1,000
Feb 2017035050.452.95$1,033
Jan 2017016049.413.42$547
Dec 2016020348.763.72$756
Nov 2016037042.492.64$978
Oct 2016032246.193.09$995
Sep 2016038841.553.10$1,203
Aug 201617543541.442.92$8,524
Jul 2016046641.622.92$1,363
Jun 2016028645.352.69$768
May 2016013342.521.99$265
Apr 2016025236.561.99$502
Mar 2016029233.011.79$524
Feb 201605226.472.06$107
Jan 2016028227.352.36$667
Dec 2015020432.362.00$408
Nov 201518214938.792.17$7,383
Oct 2015034343.552.43$832
Sep 2015015342.992.76$422
Aug 201504940.162.87$141
Jul 2015042848.152.95$1,260
Jun 2015034156.152.88$983
May 2015035655.212.96$1,052
Apr 2015035549.822.71$961
Mar 2015031142.892.93$913
Feb 201517723844.662.98$8,613
Jan 2015031843.433.10$986
Dec 2014029754.693.59$1,067
Nov 2014031870.464.25$1,352
Oct 2014033278.303.90$1,295
Sep 2014030286.164.05$1,222
Aug 2014024089.394.04$968
Jul 2014034196.564.18$1,425
Jun 2014033198.164.74$1,568
May 2014028294.734.73$1,333
Apr 2014027095.944.81$1,298
Mar 2014038895.895.06$1,962
Feb 2014027297.406.19$1,684
Jan 201418036390.404.86$18,036
Dec 2013042491.824.35$1,846
Nov 2013038788.853.74$1,447
Oct 2013037497.423.78$1,413
Sep 20130537104.113.72$1,996
Aug 20130366104.253.52$1,289
Jul 20130339102.523.72$1,260
Jun 2013039094.403.93$1,534
May 201317637494.834.15$18,242
Apr 2013025493.964.28$1,088
Mar 201317732693.623.91$17,846
Feb 2013030191.233.42$1,029
Jan 2013047391.603.42$1,618
Dec 2012038486.773.42$1,313
Nov 2012053586.953.62$1,939
Oct 201217873789.383.40$18,415
Sep 201201,22494.672.92$3,572
Aug 2012047492.662.91$1,378
Jul 201201,35785.133.02$4,099
Jun 201201,01279.822.52$2,549
May 2012088491.612.49$2,200
Apr 2012176746101.652.00$19,380
Mar 20120818105.052.22$1,818
Feb 20120500101.102.57$1,285
Jan 201218362598.092.73$19,659
Dec 2011058296.873.24$1,886
Nov 20110295.723.31$7
Oct 2011010184.983.65$369
Sep 2011053883.623.99$2,144
Aug 201117953783.404.15$17,157
Jul 20110094.144.52$0
Jun 201117925492.904.64$17,808
May 2011055798.134.40$2,453
Apr 2011174328105.964.33$19,858
Mar 2011070996.364.06$2,877
Feb 201117845085.644.18$17,125
Jan 2011026886.504.59$1,230
Dec 201018342585.734.35$17,536
Nov 2010024780.843.80$937
Oct 2010056678.103.51$1,986
Sep 2010058172.633.98$2,312
Aug 201017962473.684.42$15,946
Jul 2010024072.554.74$1,137
Jun 201018058070.364.91$15,513
May 2010050671.124.24$2,143
Apr 201017953581.694.12$16,828
Mar 2010055778.394.39$2,444
Feb 201044336273.585.44$34,566
Jan 201017946874.365.96$16,102
Dec 2009037971.445.48$2,078
Nov 200918358474.593.75$15,841
Oct 2009058072.544.11$2,384
Sep 200912966565.543.06$10,493
Aug 2009069567.423.22$2,237
Jul 200918073261.133.46$13,539
Jun 2009070466.163.90$2,742
May 200901,03454.743.93$4,059
Apr 20091801,16346.773.59$12,591
Mar 200918491742.144.06$11,476
Feb 2009060732.814.63$2,812
Jan 200916048535.865.37$8,343
Dec 2008083037.105.98$4,961
Nov 200817289755.496.86$15,698
Oct 2008096475.246.92$6,673
Sep 200801,090101.767.88$8,586
Aug 2008174134114.228.48$21,011
Jul 20080656131.0811.39$7,471
Jun 20080970131.3313.03$12,642
May 20081721,135123.1711.57$34,322
Apr 20080453110.3110.45$4,736
Mar 2008146902101.909.66$23,594
Feb 2008084692.538.77$7,420
Jan 2008085990.388.21$7,049
Dec 200715073188.337.30$18,587
Nov 2007085791.677.29$6,249
Oct 200718196482.856.92$21,669
Sep 20071311,05975.846.24$16,548
Aug 200701,17069.066.39$7,474
Jul 200717194670.906.39$18,167
Jun 200717648762.007.55$14,588
May 200701,00358.747.85$7,870
Apr 200717396659.617.81$17,852
Mar 200701,20856.927.30$8,821
Feb 2007036255.108.22$2,974
Jan 2007052350.306.73$3,518
Dec 200612950256.656.92$10,781
Nov 2006062454.207.62$4,753
Oct 2006080454.906.01$4,835
Sep 2006086960.085.04$4,377
Aug 200618177968.717.34$18,154
Jul 200618177969.376.34$17,497
Jun 200612861566.286.38$12,410
May 200613196966.016.42$14,873
Apr 200613787864.397.36$15,284
Mar 2006092256.707.08$6,530
Feb 200613855957.597.75$12,280
Jan 200601,11460.598.93$9,952
Dec 200518191654.9413.42$22,233
Nov 200518298054.6910.59$20,330
Oct 20051411,21258.3413.80$24,946
Sep 2005085361.4512.08$10,303
Aug 20051761,03261.519.80$20,936
Jul 200518193355.697.84$17,398
Jun 200501,03952.337.38$7,669
May 200515199545.226.65$13,446
Apr 2005067149.207.36$4,939
Mar 2005020750.377.15$1,481
Feb 2005027145.226.31$1,711
Jan 2005051443.166.32$3,250
Dec 2004039639.866.75$2,673
Nov 2004059245.286.33$3,748
Oct 2004060749.706.52$3,955
Sep 2004056143.245.28$2,964
Aug 200417760342.375.55$10,847
Jul 2004058938.286.08$3,584
Jun 2004057736.106.43$3,712
May 2004061237.486.49$3,975
Apr 2004061634.475.86$3,609
Mar 2004067634.365.53$3,738
Feb 2004030332.455.51$1,669
Jan 2004050032.036.30$3,150
Dec 2003042030.266.30$2,647
Nov 200317657228.804.60$7,697
Oct 2003059928.174.76$2,851
Sep 2003064926.314.75$3,082
Aug 2003072929.765.13$3,740
Jul 2003074229.415.17$3,837
Jun 2003063228.565.98$3,781
May 200317573026.595.97$9,013
Apr 2003075026.675.41$4,055
Mar 2003075431.146.10$4,596
Feb 200317313333.487.93$6,846
Jan 200306130.315.58$341
Dec 200206926.914.85$335
Nov 200204924.664.14$203
Oct 2002027726.464.23$1,171
Sep 2002056427.443.64$2,050
Aug 2002073625.963.16$2,329
Jul 2002067024.583.06$2,051
Jun 2002067223.733.34$2,243
May 2002082424.663.58$2,953
Apr 2002087923.653.51$3,087
Mar 200217751522.003.10$5,492
Feb 2002015818.222.38$375
Jan 2002037417.172.38$889
Dec 2001070216.932.36$1,660
Nov 2001080518.072.41$1,936
Oct 200117968619.782.53$5,275
Sep 200101,00524.262.25$2,263
Aug 2001076024.873.05$2,320
Jul 200117496123.933.20$7,236
Jun 2001099024.563.82$3,786
May 2001087425.524.31$3,765
Apr 200117271724.685.34$8,070
Mar 2001070524.545.38$3,790
Feb 200117994127.755.77$10,394
Jan 2001042427.478.40$3,561
Dec 2000026426.889.12$2,408
Nov 2000021232.215.66$1,200
Oct 200002531.235.15$129
Sep 2000032431.875.19$1,680
Aug 2000028229.644.54$1,280
Jul 20001832028.534.09$5,303
Jun 2000011529.304.40$506
May 2000059727.263.68$2,197
Apr 200017375224.513.12$6,583
Mar 200002028.422.86$57
Feb 200002027.622.73$55
Jan 200002025.272.48$50
Dec 199902024.282.42$48
Nov 199902023.192.43$49
Oct 199902020.982.80$56
Sep 19991722021.752.62$3,793
Aug 1999025519.262.88$733
Jul 1999060917.892.37$1,445
Jun 199917465415.942.36$4,318
May 1999017115.792.32$397
Apr 1999059415.102.21$1,312
Mar 199917769512.471.84$3,485
Feb 199905099.981.82$925
Jan 1999026810.381.90$509
Dec 1998174209.201.77$1,636
Nov 199802010.892.19$44
Oct 1998015012.421.97$295
Sep 199818041712.592.08$3,135
Aug 1998059011.301.91$1,125
Jul 199817963411.742.24$3,520
Jun 199817570111.242.24$3,535
May 199816641012.622.21$3,000
Apr 1998034613.042.51$867
Mar 19981702012.802.31$2,222
Feb 1998051613.952.30$1,186
Jan 19981782014.702.15$2,660
Dec 199702016.322.41$48
Nov 199702018.193.09$62
Oct 19970219.253.15$6
Sep 199718123817.742.95$3,914
Aug 1997063717.862.55$1,627
Jul 199718266717.582.25$4,698
Jun 19971402,38417.242.26$7,795
May 19971772,80518.972.31$9,833
Apr 199702,15417.882.08$4,486
Mar 199717777118.951.94$4,849
Feb 1997080920.492.21$1,785
Jan 199716714723.483.54$4,442
Dec 19960023.32$0
Nov 19960021.97$0
Oct 1996183123.31$4,266
Sep 19960122.22$0
Aug 199618414020.26$3,728
Jul 199614885119.55$2,893
Jun 1996026718.73$0
May 199618017019.43$3,497
Apr 1996025721.51$0
Mar 19961734119.38$3,353
Feb 199603616.98$0
Jan 199618030117.07$3,073
Dec 1995048417.19$0
Nov 19950016.00$0
Oct 199518428215.43$2,839
Sep 199518269116.18$2,945
Aug 1995010315.92$0
Jul 199536527915.24$5,563
Jun 1995046316.41$0
May 1995094717.56$0
Apr 199518275617.73$3,227
Mar 199518381816.44$3,009
Feb 199517157916.58$2,835
Jan 199517771915.92$2,818
Dec 199418370815.03$2,750
Nov 199418189315.90$2,878
Oct 199417762515.58$2,758
Sep 199417552515.29$2,676
Aug 199417250016.13$2,774
Jul 199418647717.56$3,266
Jun 1994044917.09$0
May 199418739215.88$2,970
Apr 199418740714.14$2,644
Mar 1994039612.46$0
Feb 199418435812.50$2,300
Jan 1994047312.66$0
Dec 199317616012.33$2,170
Nov 199302014.49$0
Oct 199318053615.85$2,853
Sep 199318743715.03$2,811
Aug 1993053815.66$0
Jul 199318743615.46$2,891
Jun 1993043116.79$0
May 199318445417.68$3,253
Apr 1993032118.05$0
Mar 199318840018.14$3,410
Feb 199317642517.90$3,150
Jan 1993050116.93$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.

Jun 2025 — as filed, then multipliedworked
Oil                  168 bbl  × $ 66.48 =    $11,169
Casinghead gas         0 Mcf  × $  3.13 =         $0

────────────────────────────────────────────────────
Month total                                  $11,169

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/322 is the state's own key, not one this site invented.