TARBOX

Operated by LASATER & CO, INC. (P-5 487415) in the PANHANDLE HUTCHINSON COUNTY FLD. field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3272District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$787 k
Jan 1993 – May 2026
Value, last 12 filed months
$401
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 918 leases and 8,177 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: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

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
NGPA5none

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
OilDisposition7,700 bbl$328,988
Casinghead gasProduction128,106 Mcf$458,291
Total$787,279

31,376 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 (11)

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 35.7899, -101.4838. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles. 1 well has no surveyed location and is left out of it.

35.78855, -101.48443 · centre of 10 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
63.6%
7 of 11 wells
With a plug date
54.5%
6 of 11 wells
Median depth
3,100 ft
5 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
763.6%
A plug date is filed
654.5%
BothOn the schedule and plugged. Neither fact cancels the other.
654.5%
NeitherNo plug date, and not on the schedule.
436.4%

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, 5 of 11 wells. Median 3,100 ft, with the middle half between 3,080 and 3,104 ft; the shallowest is 3,066 ft and the deepest 3,129 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 11 wells, Jan 1992. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 1992
1 of 11 wells; 10 filed none
Plug dates filed
Oct 1974 – Jan 1993
6 of 11 wells; 5 filed none

11 wells

42-2331302993,104 ftJan 1993Yes
42-23313030113,129 ftJan 1993Yes
42-233853441W3,080 ftJan 1992Yes
42-2338534743,066 ftJan 1993Yes
42-233853485Yes
42-2338535210Nov 1974Yes
42-233861708Oct 1974Yes
42-233853452
42-233853463
42-233853496
42-2331187573,100 ftJan 1992

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 202605106.413.05$15
Apr 20260798.932.87$20
Mar 20260489.753.15$13
Feb 20260363.503.75$11
Jan 202601759.138.00$136
Dec 202502656.664.41$115
Nov 202501658.593.93$63
Oct 20250159.383.30$3
Sep 20250162.743.08$3
Aug 20250563.933.01$15
Jul 20250166.743.32$3
Jun 20250166.483.13$3
May 202503660.553.23$116
Apr 20250162.363.54$4
Mar 20250167.704.27$4
Feb 20250070.884.34$0
Jan 20250174.324.28$4
Dec 20240168.993.12$3
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240179.932.15$2
Jun 20240178.082.63$3
May 202401978.812.20$42
Apr 20241683884.451.66$14,251
Mar 20240080.301.55$0
Feb 202403776.091.78$66
Jan 202402873.023.30$92
Dec 2023023771.262.61$619
Nov 2023012877.892.81$359
Oct 20230685.443.09$19
Sep 202301089.042.74$27
Aug 202308280.522.67$219
Jul 202302974.852.64$77
Jun 20230368.962.26$7
May 20230070.622.23$0
Apr 202302278.122.24$49
Mar 202303272.852.39$77
Feb 202304475.112.47$108
Jan 2023012476.533.39$420
Dec 2022017476.415.73$997
Nov 2022014485.005.65$813
Oct 2022021087.185.86$1,231
Sep 2022019584.888.16$1,592
Aug 2022018594.529.13$1,689
Jul 20220193101.587.54$1,456
Jun 20220180115.097.98$1,436
May 20220214109.378.43$1,805
Apr 2022099104.226.84$677
Mar 2022162153108.885.08$18,415
Feb 2022010991.054.86$530
Jan 2022010881.844.54$490
Dec 2021010171.323.90$394
Nov 202109377.435.24$487
Oct 202109579.795.71$543
Sep 202108469.865.35$449
Aug 2021010566.024.22$443
Jul 2021010170.783.98$402
Jun 2021011669.493.38$392
May 2021011163.483.02$335
Apr 2021010160.362.76$279
Mar 2021013261.302.72$359
Feb 202106857.805.55$377
Jan 2021013450.412.81$377
Dec 202009944.642.68$265
Nov 2020040238.772.71$1,088
Oct 2020018236.972.48$451
Sep 2020012037.091.99$239
Aug 2020014339.982.39$341
Jul 2020010538.371.83$192
Jun 202004734.901.69$79
May 2020011016.921.81$200
Apr 202006114.751.80$110
Mar 20201616130.341.86$4,998
Feb 202008949.881.98$176
Jan 202008157.252.09$170
Dec 2019010059.012.30$230
Nov 201904855.302.75$132
Oct 2019011853.472.42$285
Sep 2019010455.052.66$276
Aug 20190053.112.30$0
Jul 2019014456.272.46$354
Jun 2019014052.782.49$349
May 2019013458.482.74$367
Apr 2019013462.632.75$369
Mar 2019011756.803.06$358
Feb 2019013050.852.79$363
Jan 2019016846.033.23$542
Dec 2018027846.594.19$1,164
Nov 2018027352.934.24$1,157
Oct 2018025561.443.40$867
Sep 2018025059.543.11$777
Aug 2018025159.403.07$770
Jul 201816825965.142.93$11,703
Jun 2018025460.183.08$782
May 2018025665.382.90$743
Apr 2018026963.842.90$780
Mar 2018026961.222.79$750
Feb 2018025361.782.77$700
Jan 2018025462.874.01$1,018
Dec 2017024857.272.92$725
Nov 2017026855.423.12$836
Oct 2017027249.292.98$812
Sep 2017028447.523.09$877
Aug 2017029845.373.00$895
Jul 2017030443.873.09$939
Jun 2017031742.493.09$979
May 2017026645.373.26$868
Apr 2017028047.933.21$899
Mar 2017028746.772.98$856
Feb 201716127750.452.95$8,940
Jan 2017014649.413.42$499
Dec 2016015548.763.72$577
Nov 2016023142.492.64$611
Oct 2016023146.193.09$714
Sep 2016022141.553.10$685
Aug 2016024741.442.92$722
Jul 2016021741.622.92$635
Jun 2016025845.352.69$693
May 2016010842.521.99$215
Apr 201607536.561.99$149
Mar 2016026433.011.79$474
Feb 2016020826.472.06$429
Jan 2016026827.352.36$634
Dec 2015021332.362.00$426
Nov 201516917638.792.17$6,937
Oct 2015016843.552.43$408
Sep 2015019742.992.76$543
Aug 2015023940.162.87$687
Jul 2015021048.152.95$618
Jun 2015022656.152.88$652
May 2015023455.212.96$692
Apr 2015015549.822.71$420
Mar 2015021542.892.93$631
Feb 2015026044.662.98$774
Jan 2015033043.433.10$1,023
Dec 2014030254.693.59$1,085
Nov 2014027170.464.25$1,152
Oct 2014027678.303.90$1,077
Sep 2014029686.164.05$1,197
Aug 2014030389.394.04$1,223
Jul 2014033096.564.18$1,379
Jun 2014034098.164.74$1,611
May 201416939094.734.73$17,853
Apr 2014031195.944.81$1,496
Mar 2014036395.895.06$1,836
Feb 2014029297.406.19$1,808
Jan 2014035690.404.86$1,730
Dec 2013034391.824.35$1,494
Nov 2013046688.853.74$1,742
Oct 2013029697.423.78$1,119
Sep 2013175463104.113.72$19,941
Aug 20130420104.253.52$1,480
Jul 20130470102.523.72$1,747
Jun 2013053994.403.93$2,120
May 2013083594.834.15$3,464
Apr 2013068693.964.28$2,938
Mar 2013073893.623.91$2,888
Feb 201316665891.233.42$17,394
Jan 2013059591.603.42$2,035
Dec 2012047686.773.42$1,628
Nov 2012066786.953.62$2,418
Oct 2012057889.383.40$1,965
Sep 201217149494.672.92$17,630
Aug 2012055892.662.91$1,623
Jul 2012055385.133.02$1,671
Jun 2012062379.822.52$1,569
May 2012067991.612.49$1,690
Apr 20120747101.652.00$1,492
Mar 2012141703105.052.22$16,374
Feb 20120612101.102.57$1,573
Jan 2012056398.092.73$1,539
Dec 2011051096.873.24$1,652
Nov 2011052795.723.31$1,745
Oct 2011053984.983.65$1,967
Sep 201116453383.623.99$15,838
Aug 2011055483.404.15$2,299
Jul 2011056094.144.52$2,530
Jun 2011016392.904.64$756
May 2011084198.134.40$3,704
Apr 2011076105.964.33$329
Mar 2011013296.364.06$536
Feb 201104185.644.18$171
Jan 2011027486.504.59$1,257
Dec 2010035285.734.35$1,530
Nov 2010031280.843.80$1,184
Oct 2010031078.103.51$1,088
Sep 2010030972.633.98$1,230
Aug 2010034673.684.42$1,529
Jul 2010029172.554.74$1,378
Jun 2010037770.364.91$1,851
May 2010046371.124.24$1,961
Apr 201013643281.694.12$12,891
Mar 20101842378.394.39$3,267
Feb 2010031973.585.44$1,736
Jan 2010037674.365.96$2,243
Dec 2009050071.445.48$2,742
Nov 2009039574.593.75$1,482
Oct 2009028672.544.11$1,176
Sep 2009030165.543.06$922
Aug 2009054467.423.22$1,751
Jul 2009043361.133.46$1,500
Jun 20091776666.163.90$11,967
May 2009020654.743.93$809
Apr 200907346.773.59$262
Mar 2009031342.144.06$1,270
Feb 2009026532.814.63$1,228
Jan 2009040135.865.37$2,154
Dec 2008035437.105.98$2,116
Nov 2008035755.496.86$2,449
Oct 2008033675.246.92$2,326
Sep 20080359101.767.88$2,828
Aug 20080401114.228.48$3,402
Jul 2008164424131.0811.39$26,326
Jun 20080447131.3313.03$5,826
May 20080633123.1711.57$7,327
Apr 20080463110.3110.45$4,841
Mar 20080453101.909.66$4,378
Feb 2008052092.538.77$4,561
Jan 2008059590.388.21$4,882
Dec 2007041488.337.30$3,023
Nov 2007040891.677.29$2,975
Oct 2007038482.856.92$2,658
Sep 2007046375.846.24$2,891
Aug 2007040869.066.39$2,606
Jul 2007050070.906.39$3,194
Jun 200716983762.007.55$16,796
May 2007050058.747.85$3,923
Apr 2007020759.617.81$1,616
Mar 2007027456.927.30$2,001
Feb 2007027655.108.22$2,268
Jan 2007040750.306.73$2,738
Dec 2006040756.656.92$2,816
Nov 2006042954.207.62$3,268
Oct 2006047854.906.01$2,875
Sep 2006043960.085.04$2,211
Aug 2006038968.717.34$2,855
Jul 200617041369.376.34$14,412
Jun 2006038966.286.38$2,483
May 2006043066.016.42$2,763
Apr 2006035464.397.36$2,606
Mar 2006039656.707.08$2,805
Feb 2006032057.597.75$2,480
Jan 2006035260.598.93$3,145
Dec 2005039654.9413.42$5,313
Nov 2005033654.6910.59$3,558
Oct 200516438858.3413.80$14,921
Sep 2005029961.4512.08$3,612
Aug 2005040961.519.80$4,007
Jul 2005041655.697.84$3,263
Jun 2005034052.337.38$2,510
May 2005038045.226.65$2,527
Apr 2005037649.207.36$2,768
Mar 2005052950.377.15$3,785
Feb 20051571,05945.226.31$13,784
Jan 2005041243.166.32$2,605
Dec 2004043339.866.75$2,923
Nov 2004022945.286.33$1,450
Oct 2004052549.706.52$3,420
Sep 2004030343.245.28$1,601
Aug 2004036342.375.55$2,015
Jul 200416942938.286.08$9,079
Jun 2004042936.106.43$2,760
May 2004042437.486.49$2,754
Apr 2004046534.475.86$2,724
Mar 2004053134.365.53$2,937
Feb 2004040932.455.51$2,253
Jan 200416249132.036.30$8,282
Dec 2003050130.266.30$3,157
Nov 2003041428.804.60$1,902
Oct 2003045728.174.76$2,175
Sep 2003044526.314.75$2,113
Aug 2003031029.765.13$1,590
Jul 2003041929.415.17$2,167
Jun 200316843228.565.98$7,383
May 2003054926.595.97$3,279
Apr 2003055126.675.41$2,979
Mar 2003049531.146.10$3,018
Feb 2003040333.487.93$3,194
Jan 200317144930.315.58$7,689
Dec 2002050026.914.85$2,427
Nov 2002046124.664.14$1,907
Oct 2002048226.464.23$2,038
Sep 2002050027.443.64$1,818
Aug 2002053225.963.16$1,683
Jul 200218047524.583.06$5,879
Jun 2002052823.733.34$1,763
May 2002052424.663.58$1,878
Apr 2002013023.653.51$457
Mar 2002022622.003.10$701
Feb 2002021418.222.38$508
Jan 2002022517.172.38$535
Dec 200117313316.932.36$3,243
Nov 2001022018.072.41$529
Oct 2001023919.782.53$604
Sep 2001023624.262.25$531
Aug 2001026624.873.05$812
Jul 2001027823.933.20$889
Jun 2001024224.563.82$925
May 2001024325.524.31$1,047
Apr 2001023424.685.34$1,248
Mar 2001022024.545.38$1,183
Feb 2001016227.755.77$934
Jan 2001018727.478.40$1,571
Dec 200006826.889.12$620
Nov 2000016132.215.66$911
Oct 2000015331.235.15$787
Sep 2000022631.875.19$1,172
Aug 2000026829.644.54$1,217
Jul 2000050528.534.09$2,065
Jun 2000013129.304.40$576
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 1999132021.752.62$2,871
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990215.102.21$4
Mar 199901112.471.84$20
Feb 19990129.981.82$22
Jan 1999012910.381.90$245
Dec 199802089.201.77$369
Nov 1998026610.892.19$581
Oct 1998022312.421.97$439
Sep 1998019212.592.08$400
Aug 1998024811.301.91$473
Jul 1998029611.742.24$662
Jun 1998027011.242.24$604
May 199813132712.622.21$2,375
Apr 1998031613.042.51$792
Mar 1998035112.802.31$811
Feb 1998030513.952.30$701
Jan 199808014.702.15$172
Dec 1997031916.322.41$769
Nov 1997030518.193.09$942
Oct 1997031819.253.15$1,002
Sep 199717829617.742.95$4,032
Aug 1997028317.862.55$723
Jul 1997038517.582.25$865
Jun 199717234917.242.26$3,753
May 1997030918.972.31$713
Apr 1997060817.882.08$1,266
Mar 1997060818.951.94$1,179
Feb 1997055420.492.21$1,222
Jan 1997026023.483.54$920
Dec 1996031823.32$0
Nov 1996053321.97$0
Oct 1996156723.31$23
Sep 1996055222.22$0
Aug 19960120.26$0
Jul 199616059419.55$3,128
Jun 1996055918.73$0
May 199616960219.43$3,284
Apr 1996060421.51$0
Mar 1996064019.38$0
Feb 199617253616.98$2,921
Jan 1996057917.07$0
Dec 1995061317.19$0
Nov 1995060316.00$0
Oct 199517762915.43$2,731
Sep 1995062316.18$0
Aug 199517164415.92$2,722
Jul 1995068215.24$0
Jun 1995065816.41$0
May 1995065917.56$0
Apr 199517572117.73$3,103
Mar 1995069616.44$0
Feb 1995062816.58$0
Jan 1995071915.92$0
Dec 199416471515.03$2,465
Nov 1994068015.90$0
Oct 1994074815.58$0
Sep 199418073815.29$2,752
Aug 1994076516.13$0
Jul 199416275917.56$2,845
Jun 1994068517.09$0
May 1994071215.88$0
Apr 199416669914.14$2,347
Mar 1994029012.46$0
Feb 1994072112.50$0
Jan 199417670412.66$2,228
Dec 1993083012.33$0
Nov 199317171014.49$2,478
Oct 1993081515.85$0
Sep 1993066815.03$0
Aug 199317677115.66$2,756
Jul 1993074215.46$0
Jun 199317673516.79$2,955
May 1993069817.68$0
Apr 199317981318.05$3,231
Mar 199317879618.14$3,229
Feb 1993075017.90$0
Jan 199318187216.93$3,064

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         5 Mcf  × $  3.05 =        $15

────────────────────────────────────────────────────
Month total                                      $15

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/3272 is the state's own key, not one this site invented.