LAKE MEREDITH

Name: LAKE MEREDITH lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HOLCO OIL & GAS (P-5 391647) 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 3325District 10Field 68887001OilCasinghead gasSave Export

Value, all time

$483 k

Jan 1993 – Jan 2004

Value, last 12 filed months

$76 k

at the published price for each month

Months reported

133

no gaps in the span

Streams

oil, casinghead gas

The PANHANDLE HUTCHINSON COUNTY FLD. 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 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.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	3,220 bbl	$63,808
Casinghead gas	Production	242,125 Mcf	$419,012
Total			$482,820

113,630 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 (3)

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 35.6905, -101.5695. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.69107, -101.56988 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

66.7%

2 of 3 wells

With a plug date

66.7%

2 of 3 wells

Median depth

3,328 ft

2 wells filed one

Completion to plug

58.7 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

266.7%

A plug date is filed

266.7%

BothOn the schedule and plugged. Neither fact cancels the other.

266.7%

NeitherNo plug date, and not on the schedule.

133.3%

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 3,300 and 3,356 ft, median 3,328 ft, over the 2 wells that filed a depth.

Completions filed

May 1966 – Oct 1966

3 of 3 wells

Plug dates filed

Feb 2025

2 of 3 wells; 1 filed none

Last completion to plug: a median of 58.7 years across the 2 wells that filed both dates, with the middle half between 58.6 years and 58.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-23385365	3	—	Oct 1966	—	—
42-23385364	2	3,300 ft	Aug 1966	Feb 2025	Yes
42-23385363	1	3,356 ft	May 1966	Feb 2025	Yes

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 (133)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

133 months


Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	160	1,548	29.76	5.13	$12,702
Jul 2003	0	1,505	29.41	5.17	$7,782
Jun 2003	0	1,356	28.56	5.98	$8,113
May 2003	139	1,127	26.59	5.97	$10,427
Apr 2003	0	1,173	26.67	5.41	$6,343
Mar 2003	266	1,352	31.14	6.10	$16,525
Feb 2003	151	1,146	33.48	7.93	$14,139
Jan 2003	0	1,092	30.31	5.58	$6,096
Dec 2002	0	1,190	26.91	4.85	$5,776
Nov 2002	0	1,105	24.66	4.14	$4,571
Oct 2002	0	1,548	26.46	4.23	$6,547
Sep 2002	0	1,587	27.44	3.64	$5,769
Aug 2002	0	1,550	25.96	3.16	$4,904
Jul 2002	0	1,626	24.58	3.06	$4,978
Jun 2002	0	1,661	23.73	3.34	$5,545
May 2002	0	1,709	24.66	3.58	$6,125
Apr 2002	0	1,614	23.65	3.51	$5,669
Mar 2002	0	1,717	22.00	3.10	$5,327
Feb 2002	0	1,332	18.22	2.38	$3,164
Jan 2002	0	1,519	17.17	2.38	$3,609
Dec 2001	0	815	16.93	2.36	$1,927
Nov 2001	0	1,186	18.07	2.41	$2,853
Oct 2001	170	2,308	19.78	2.53	$9,199
Sep 2001	0	1,685	24.26	2.25	$3,793
Aug 2001	0	988	24.87	3.05	$3,017
Jul 2001	0	1,357	23.93	3.20	$4,338
Jun 2001	0	1,509	24.56	3.82	$5,771
May 2001	0	1,182	25.52	4.31	$5,091
Apr 2001	0	851	24.68	5.34	$4,540
Mar 2001	0	1,321	24.54	5.38	$7,102
Feb 2001	0	1,510	27.75	5.77	$8,708
Jan 2001	0	1,659	27.47	8.40	$13,934
Dec 2000	0	1,900	26.88	9.12	$17,333
Nov 2000	0	1,979	32.21	5.66	$11,197
Oct 2000	0	2,083	31.23	5.15	$10,718
Sep 2000	174	1,476	31.87	5.19	$13,201
Aug 2000	0	1,497	29.64	4.54	$6,798
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	15	27.26	3.68	$55
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	1,071	28.42	2.86	$3,063
Feb 2000	0	1,401	27.62	2.73	$3,820
Jan 2000	0	1,584	25.27	2.48	$3,929
Dec 1999	0	1,712	24.28	2.42	$4,149
Nov 1999	0	1,787	23.19	2.43	$4,350
Oct 1999	0	650	20.98	2.80	$1,822
Sep 1999	0	1,187	21.75	2.62	$3,109
Aug 1999	0	1,843	19.26	2.88	$5,300
Jul 1999	0	2,191	17.89	2.37	$5,198
Jun 1999	0	2,055	15.94	2.36	$4,854
May 1999	0	1,337	15.79	2.32	$3,103
Apr 1999	167	2,146	15.10	2.21	$7,260
Mar 1999	0	1,894	12.47	1.84	$3,482
Feb 1999	0	1,575	9.98	1.82	$2,863
Jan 1999	0	1,769	10.38	1.90	$3,361
Dec 1998	0	1,784	9.20	1.77	$3,164
Nov 1998	0	2,084	10.89	2.19	$4,555
Oct 1998	0	2,307	12.42	1.97	$4,543
Sep 1998	0	2,345	12.59	2.08	$4,884
Aug 1998	171	2,336	11.30	1.91	$6,388
Jul 1998	0	2,562	11.74	2.24	$5,732
Jun 1998	0	2,315	11.24	2.24	$5,179
May 1998	0	1,557	12.62	2.21	$3,435
Apr 1998	0	2,007	13.04	2.51	$5,028
Mar 1998	0	1,434	12.80	2.31	$3,312
Feb 1998	0	2,052	13.95	2.30	$4,718
Jan 1998	155	2,123	14.70	2.15	$6,853
Dec 1997	0	1,896	16.32	2.41	$4,571
Nov 1997	0	2,410	18.19	3.09	$7,443
Oct 1997	0	2,985	19.25	3.15	$9,402
Sep 1997	0	2,883	17.74	2.95	$8,519
Aug 1997	0	3,094	17.86	2.55	$7,904
Jul 1997	0	3,124	17.58	2.25	$7,019
Jun 1997	0	3,212	17.24	2.26	$7,250
May 1997	0	2,578	18.97	2.31	$5,951
Apr 1997	162	1,687	17.88	2.08	$6,410
Mar 1997	0	1,488	18.95	1.94	$2,885
Feb 1997	0	32	20.49	2.21	$71
Jan 1997	0	220	23.48	3.54	$779
Dec 1996	0	1,391	23.32	—	$0
Nov 1996	0	1,065	21.97	—	$0
Oct 1996	0	1,999	23.31	—	$0
Sep 1996	0	2,340	22.22	—	$0
Aug 1996	0	2,393	20.26	—	$0
Jul 1996	117	2,246	19.55	—	$2,287
Jun 1996	0	2,280	18.73	—	$0
May 1996	0	2,277	19.43	—	$0
Apr 1996	4	2,217	21.51	—	$86
Mar 1996	0	2,036	19.38	—	$0
Feb 1996	0	1,455	16.98	—	$0
Jan 1996	0	1,448	17.07	—	$0
Dec 1995	0	1,369	17.19	—	$0
Nov 1995	149	2,114	16.00	—	$2,384
Oct 1995	0	2,378	15.43	—	$0
Sep 1995	120	2,505	16.18	—	$1,942
Aug 1995	0	2,664	15.92	—	$0
Jul 1995	0	2,823	15.24	—	$0
Jun 1995	0	2,598	16.41	—	$0
May 1995	0	2,398	17.56	—	$0
Apr 1995	0	2,080	17.73	—	$0
Mar 1995	0	2,374	16.44	—	$0
Feb 1995	0	2,217	16.58	—	$0
Jan 1995	63	2,113	15.92	—	$1,003
Dec 1994	0	1,408	15.03	—	$0
Nov 1994	0	1,725	15.90	—	$0
Oct 1994	181	2,326	15.58	—	$2,820
Sep 1994	0	2,429	15.29	—	$0
Aug 1994	0	2,685	16.13	—	$0
Jul 1994	0	2,982	17.56	—	$0
Jun 1994	0	3,339	17.09	—	$0
May 1994	173	2,755	15.88	—	$2,747
Apr 1994	0	3,511	14.14	—	$0
Mar 1994	191	3,317	12.46	—	$2,380
Feb 1994	0	2,344	12.50	—	$0
Jan 1994	177	3,006	12.66	—	$2,241
Dec 1993	0	2,098	12.33	—	$0
Nov 1993	0	2,271	14.49	—	$0
Oct 1993	0	2,915	15.85	—	$0
Sep 1993	0	2,592	15.03	—	$0
Aug 1993	162	2,862	15.66	—	$2,537
Jul 1993	0	3,219	15.46	—	$0
Jun 1993	0	2,990	16.79	—	$0
May 1993	0	3,044	17.68	—	$0
Apr 1993	0	3,122	18.05	—	$0
Mar 1993	168	2,771	18.14	—	$3,048
Feb 1993	0	1,623	17.90	—	$0
Jan 1993	0	1,516	16.93	—	$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.

Aug 2003 — as filed, then multipliedworked

Oil                  160 bbl  × $ 29.76 =     $4,762
Casinghead gas     1,548 Mcf  × $  5.13 =     $7,941

────────────────────────────────────────────────────
Month total                                  $12,702

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/3325 is the state's own key, not one this site invented.