BINKLEY, O. E.

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 328District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$90 k
Jan 1993 – May 2026
Value, last 12 filed months
$3 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
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
OilDisposition477 bbl$38,179
Casinghead gasProduction15,393 Mcf$52,207
Total$90,386

1 Mcf of this lease's gas, across 1 month, 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 (2)

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 2 wells
With a plug date
0.0%
0 of 2 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.
2100.0%

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.

2 wells

42-179817191
42-179817205

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 202606798.932.87$192
Mar 202608089.753.15$252
Feb 202604463.503.75$165
Jan 202605959.138.00$472
Dec 202507856.664.41$344
Nov 202507258.593.93$283
Oct 202506359.383.30$208
Sep 202506162.743.08$188
Aug 202505163.933.01$154
Jul 202504366.743.32$143
Jun 202506366.483.13$197
May 202506660.553.23$213
Apr 202506962.363.54$244
Mar 202506767.704.27$286
Feb 202505270.884.34$226
Jan 202506474.324.28$274
Dec 202408468.993.12$262
Nov 202402769.052.20$59
Oct 202405271.372.28$119
Sep 202406069.612.36$142
Aug 202407175.632.06$147
Jul 202401779.932.15$36
Jun 202405378.082.63$140
May 202407978.812.20$174
Apr 202407884.451.66$129
Mar 202409980.301.55$153
Feb 202405376.091.78$95
Jan 202404073.023.30$132
Dec 202306071.262.61$157
Nov 202307177.892.81$199
Oct 202307485.443.09$228
Sep 202307289.042.74$197
Aug 202308780.522.67$233
Jul 202309074.852.64$238
Jun 202308568.962.26$192
May 202308870.622.23$196
Apr 202308178.122.24$181
Mar 202309372.852.39$223
Feb 202309175.112.47$224
Jan 202305176.533.39$173
Dec 202207176.415.73$407
Nov 202209685.005.65$542
Oct 202208687.185.86$504
Sep 202206784.888.16$547
Aug 202208294.529.13$748
Jul 2022074101.587.54$558
Jun 2022087115.097.98$694
May 2022091109.378.43$767
Apr 20220103104.226.84$704
Mar 2022093108.885.08$472
Feb 20220091.054.86$0
Jan 2022011581.844.54$522
Dec 2021010171.323.90$394
Nov 202109477.435.24$492
Oct 2021010879.795.71$617
Sep 202109269.865.35$492
Aug 2021010666.024.22$447
Jul 2021010570.783.98$418
Jun 2021010569.493.38$355
May 2021010163.483.02$305
Apr 202109560.362.76$262
Mar 202109961.302.72$269
Feb 202105757.805.55$316
Jan 202106850.412.81$191
Dec 202001944.642.68$51
Nov 202005038.772.71$135
Oct 2020012036.972.48$297
Sep 2020011137.091.99$221
Aug 2020012739.982.39$303
Jul 2020010638.371.83$193
Jun 2020012534.901.69$211
May 202007116.921.81$129
Apr 2020011314.751.80$204
Mar 2020010730.341.86$199
Feb 202009249.881.98$182
Jan 202004857.252.09$101
Dec 201904459.012.30$101
Nov 201902555.302.75$69
Oct 201909553.472.42$230
Sep 201909355.052.66$247
Aug 201909053.112.30$207
Jul 201905656.272.46$138
Jun 201908452.782.49$209
May 2019010158.482.74$277
Apr 201908762.632.75$239
Mar 201908756.803.06$266
Feb 201907350.852.79$204
Jan 201909346.033.23$300
Dec 2018010746.594.19$448
Nov 201808952.934.24$377
Oct 201809561.443.40$323
Sep 201809659.543.11$298
Aug 201809659.403.07$294
Jul 201809665.142.93$281
Jun 201809460.183.08$289
May 201808365.382.90$241
Apr 201807263.842.90$209
Mar 201806361.222.79$176
Feb 201805161.782.77$141
Jan 20180062.874.01$0
Dec 201706757.272.92$196
Nov 201709455.423.12$293
Oct 2017010349.292.98$307
Sep 201709747.523.09$299
Aug 2017011245.373.00$336
Jul 2017011643.873.09$358
Jun 201708042.493.09$247
May 201707545.373.26$245
Apr 201709247.933.21$295
Mar 201709746.772.98$289
Feb 201709450.452.95$278
Jan 2017010349.413.42$352
Dec 201607348.763.72$272
Nov 2016011042.492.64$291
Oct 201608346.193.09$256
Sep 2016010241.553.10$316
Aug 2016011441.442.92$333
Jul 201609441.622.92$275
Jun 201607745.352.69$207
May 201602342.521.99$46
Apr 201606336.561.99$125
Mar 2016010433.011.79$187
Feb 2016011226.472.06$231
Jan 2016013527.352.36$319
Dec 2015012432.362.00$248
Nov 2015012538.792.17$271
Oct 201508843.552.43$214
Sep 2015011042.992.76$303
Aug 2015012440.162.87$356
Jul 201509648.152.95$283
Jun 201507956.152.88$228
May 2015010555.212.96$310
Apr 201508949.822.71$241
Mar 201508142.892.93$238
Feb 201506544.662.98$193
Jan 201507343.433.10$226
Dec 2014011054.693.59$395
Nov 2014012170.464.25$514
Oct 201409578.303.90$371
Sep 2014010586.164.05$425
Aug 201409089.394.04$363
Jul 2014010696.564.18$443
Jun 2014010098.164.74$474
May 201409694.734.73$454
Apr 201407695.944.81$365
Mar 2014011795.895.06$592
Feb 2014410797.406.19$1,052
Jan 2014511090.404.86$987
Dec 2013510491.824.35$912
Nov 2013511888.853.74$885
Oct 201317111197.423.78$17,078
Sep 20130125104.113.72$465
Aug 2013058104.253.52$204
Jul 2013045102.523.72$167
Jun 201309394.403.93$366
May 201307694.834.15$315
Apr 2013010693.964.28$454
Mar 2013011393.623.91$442
Feb 201309591.233.42$325
Jan 2013010091.603.42$342
Dec 2012010586.773.42$359
Nov 2012010486.953.62$377
Oct 2012011289.383.40$381
Sep 2012011594.672.92$336
Aug 2012011892.662.91$343
Jul 2012010685.133.02$320
Jun 201209679.822.52$242
May 201208991.612.49$221
Apr 20120102101.652.00$204
Mar 20120117105.052.22$260
Feb 20120113101.102.57$290
Jan 201217611398.092.73$17,573
Dec 2011010196.873.24$327
Nov 2011010595.723.31$348
Oct 2011010584.983.65$383
Sep 2011011183.623.99$442
Aug 2011011383.404.15$469
Jul 2011010194.144.52$456
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 20110086.504.59$0
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 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
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 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 200712059.617.81$715
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
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 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 199399118.14$1,796
Feb 19930017.90$0
Jan 19930016.93$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.

Apr 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 98.93 =         $0
Casinghead gas        67 Mcf  × $  2.87 =       $192

────────────────────────────────────────────────────
Month total                                     $192

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/328 is the state's own key, not one this site invented.