BOWERS, J. B.

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 326District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$416 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
NGPA1none

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
OilDisposition5,683 bbl$247,830
Casinghead gasProduction71,962 Mcf$168,594
Total$416,424

30,291 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.

These wells centre on 35.4341, -100.9320. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles. 2 wells have no surveyed location and are left out of it.

35.43429, -100.93185 · centre of 4 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
100.0%
6 of 6 wells
With a plug date
83.3%
5 of 6 wells
Median depth
3,242 ft
5 wells filed one
Completion to plug
30.2 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
6100.0%
A plug date is filed
583.3%
BothOn the schedule and plugged. Neither fact cancels the other.
583.3%
NeitherNo plug date, and not on the schedule.
00.0%

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

Between 3,114 and 3,350 ft, median 3,242 ft, over the 5 wells that filed a depth.

Completions filed
Jul 1982 – Jul 1983
2 of 6 wells; 4 filed none
Plug dates filed
Nov 1980 – Jan 2022
5 of 6 wells; 1 filed none

Last completion to plug: a median of 30.2 years across the 2 wells that filed both dates, with the middle half between 29.3 years and 31.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-1790434213,242 ftJan 2022Yes
42-1798170723,114 ftNov 1980Yes
42-179817083Yes
42-1798170943,350 ftJan 2022Yes
42-17931317A 43,350 ftJul 1983Jan 2012Yes
42-1793103983,194 ftJul 1982May 2014Yes

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 20250066.483.13$0
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 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
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 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 2017186049.292.98$9,168
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016192042.492.64$8,158
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015194056.152.88$10,893
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014157070.464.25$11,062
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014191095.944.81$18,325
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013177091.603.42$16,213
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20121870101.102.57$18,906
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 201187086.504.59$7,526
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010195078.394.39$15,286
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009168072.544.11$12,187
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 2009165032.814.63$5,414
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 200808175.246.92$561
Sep 2008072101.767.88$567
Aug 20080121114.228.48$1,026
Jul 2008027131.0811.39$308
Jun 2008060131.3313.03$782
May 200818282123.1711.57$23,366
Apr 2008099110.3110.45$1,035
Mar 20080102101.909.66$986
Feb 200809892.538.77$860
Jan 200809990.388.21$812
Dec 2007012588.337.30$913
Nov 200704991.677.29$357
Oct 200707282.856.92$498
Sep 200708675.846.24$537
Aug 2007012269.066.39$779
Jul 200708270.906.39$524
Jun 200709262.007.55$694
May 200720014858.747.85$12,909
Apr 20070859.617.81$62
Mar 2007017556.927.30$1,278
Feb 2007015155.108.22$1,241
Jan 2007011050.306.73$740
Dec 2006011856.656.92$816
Nov 200604754.207.62$358
Oct 200601854.906.01$108
Sep 2006014260.085.04$715
Aug 200601568.717.34$110
Jul 2006014669.376.34$926
Jun 200608566.286.38$543
May 200608666.016.42$553
Apr 20060164.397.36$7
Mar 20060156.707.08$7
Feb 2006020057.597.75$1,550
Jan 2006020060.598.93$1,787
Dec 2005015854.9413.42$2,120
Nov 2005013154.6910.59$1,387
Oct 2005036058.3413.80$4,966
Sep 2005011861.4512.08$1,425
Aug 2005024561.519.80$2,400
Jul 200508855.697.84$690
Jun 200519618252.337.38$11,600
May 2005023945.226.65$1,590
Apr 2005014349.207.36$1,053
Mar 2005014550.377.15$1,037
Feb 200507645.226.31$480
Jan 2005021443.166.32$1,353
Dec 2004018539.866.75$1,249
Nov 2004013145.286.33$829
Oct 2004202749.706.52$10,085
Sep 200404443.245.28$232
Aug 2004017642.375.55$977
Jul 2004021838.286.08$1,326
Jun 2004020236.106.43$1,299
May 2004023137.486.49$1,500
Apr 2004019934.475.86$1,166
Mar 200418424234.365.53$7,661
Feb 2004021932.455.51$1,207
Jan 2004017632.036.30$1,109
Dec 2003014730.266.30$926
Nov 2003023828.804.60$1,094
Oct 2003025728.174.76$1,223
Sep 200319818726.314.75$6,098
Aug 2003026429.765.13$1,354
Jul 200307829.415.17$403
Jun 200306328.565.98$377
May 200306426.595.97$382
Apr 20039911726.675.41$3,273
Mar 2003020531.146.10$1,250
Feb 2003029733.487.93$2,354
Jan 2003028130.315.58$1,569
Dec 200210133226.914.85$4,329
Nov 200208824.664.14$364
Oct 20020026.464.23$0
Sep 2002025027.443.64$909
Aug 20029937425.963.16$3,753
Jul 2002046024.583.06$1,408
Jun 2002010523.733.34$351
May 200206524.663.58$233
Apr 2002015623.653.51$548
Mar 2002019122.003.10$593
Feb 2002023818.222.38$565
Jan 2002037817.172.38$898
Dec 200119917416.932.36$3,780
Nov 2001035718.072.41$859
Oct 2001070519.782.53$1,783
Sep 2001067424.262.25$1,517
Aug 2001070424.873.05$2,149
Jul 2001069323.933.20$2,216
Jun 2001039624.563.82$1,514
May 2001031925.524.31$1,374
Apr 200110238124.685.34$4,550
Mar 2001062424.545.38$3,355
Feb 2001049627.755.77$2,860
Jan 2001037427.478.40$3,141
Dec 2000044026.889.12$4,014
Nov 2000059332.215.66$3,355
Oct 2000065231.235.15$3,355
Sep 200009331.875.19$482
Aug 2000035829.644.54$1,626
Jul 200020767428.534.09$8,662
Jun 2000053829.304.40$2,366
May 2000068827.263.68$2,532
Apr 2000056124.513.12$1,748
Mar 2000049028.422.86$1,401
Feb 2000011327.622.73$308
Jan 2000040125.272.48$995
Dec 1999053324.282.42$1,292
Nov 199902423.192.43$58
Oct 19990020.982.80$0
Sep 1999108021.752.62$2,349
Aug 1999035919.262.88$1,032
Jul 1999068817.892.37$1,632
Jun 1999066915.942.36$1,580
May 1999067315.792.32$1,562
Apr 1999023115.102.21$510
Mar 1999017012.471.84$313
Feb 199902029.981.82$367
Jan 1999035010.381.90$665
Dec 199804029.201.77$713
Nov 199817639010.892.19$2,769
Oct 1998026212.421.97$516
Sep 1998039712.592.08$827
Aug 1998040611.301.91$774
Jul 1998045211.742.24$1,011
Jun 1998045411.242.24$1,016
May 1998040712.622.21$898
Apr 199810750813.042.51$2,668
Mar 199810953812.802.31$2,638
Feb 1998059113.952.30$1,359
Jan 1998062914.702.15$1,355
Dec 1997056916.322.41$1,372
Nov 1997044118.193.09$1,362
Oct 1997065819.253.15$2,073
Sep 1997065517.742.95$1,935
Aug 1997069817.862.55$1,783
Jul 1997044817.582.25$1,007
Jun 199720569517.242.26$5,103
May 1997074318.972.31$1,715
Apr 1997084017.882.08$1,750
Mar 199701,13618.951.94$2,203
Feb 1997089020.492.21$1,963
Jan 1997098123.483.54$3,472
Dec 1996096323.32$0
Nov 1996096321.97$0
Oct 199601,05323.31$0
Sep 19962111,00022.22$4,688
Aug 199601,01620.26$0
Jul 199601,02419.55$0
Jun 1996088318.73$0
May 1996094919.43$0
Apr 1996070821.51$0
Mar 1996037019.38$0
Feb 1996040516.98$0
Jan 1996095917.07$0
Dec 1995068517.19$0
Nov 1995082216.00$0
Oct 19951981,00115.43$3,055
Sep 1995098816.18$0
Aug 1995076215.92$0
Jul 1995089515.24$0
Jun 199501,06716.41$0
May 199501,19317.56$0
Apr 199501,12017.73$0
Mar 199501,11516.44$0
Feb 199516066816.58$2,653
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 1994020315.58$0
Sep 19946929815.29$1,055
Aug 199415936016.13$2,565
Jul 1994028417.56$0
Jun 1994084217.09$0
May 1994090115.88$0
Apr 1994063514.14$0
Mar 199416544312.46$2,056
Feb 1994019912.50$0
Jan 1994050712.66$0
Dec 1993015012.33$0
Nov 1993060114.49$0
Oct 1993085615.85$0
Sep 1993044915.03$0
Aug 199314826115.66$2,318
Jul 199307915.46$0
Jun 1993038716.79$0
May 199308117.68$0
Apr 1993013018.05$0
Mar 1993056818.14$0
Feb 1993075017.90$0
Jan 1993069816.93$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.

Oct 2017 — as filed, then multipliedworked
Oil                  186 bbl  × $ 49.29 =     $9,168
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $9,168

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/326 is the state's own key, not one this site invented.