ADAMS -C-

Operated by BRADLEY OPERATING CO. (P-5 87255) 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 338District 10Field 68873001OilCasinghead gasSaveExport
Value, all time
$785 k
Jan 1993 – May 2026
Value, last 12 filed months
$14 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.

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
OilDisposition11,975 bbl$645,998
Casinghead gasProduction31,035 Mcf$138,996
Total$784,995

2,001 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 (5)

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 35.4081, -100.6184. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

35.40661, -100.62152 · centre of the 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
40.0%
2 of 5 wells
With a plug date
40.0%
2 of 5 wells
Median depth
2,640 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
240.0%
A plug date is filed
240.0%
BothOn the schedule and plugged. Neither fact cancels the other.
240.0%
NeitherNo plug date, and not on the schedule.
360.0%

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 2,552 and 2,712 ft, median 2,640 ft, over the 4 wells that filed a depth.

Completions filed
May 1993 – Oct 2011
2 of 5 wells; 3 filed none
Plug dates filed
Jul 1983 – May 1987
2 of 5 wells; 3 filed none

5 wells

42-1798177812,712 ftJul 1983Yes
42-179817792W2,552 ftMay 1987Yes
42-179817803
42-1793258352,634 ftOct 2011
42-1793205642,645 ftMay 1993

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 2026190106.413.05$2,022
Apr 202619098.932.87$1,880
Mar 20260089.753.15$0
Feb 202637063.503.75$2,350
Jan 202618059.138.00$1,064
Dec 20250056.664.41$0
Nov 202518058.593.93$1,055
Oct 202518059.383.30$1,069
Sep 202519062.743.08$1,192
Aug 2025193763.933.01$1,326
Jul 202519066.743.32$1,268
Jun 202519066.483.13$1,263
May 202519060.553.23$1,150
Apr 202519062.363.54$1,185
Mar 202519067.704.27$1,286
Feb 202519070.884.34$1,347
Jan 202519074.324.28$1,412
Dec 202418068.993.12$1,242
Nov 202419069.052.20$1,312
Oct 202420071.372.28$1,427
Sep 202418069.612.36$1,253
Aug 2024174275.632.06$1,372
Jul 202419079.932.15$1,519
Jun 2024205478.082.63$1,704
May 2024188578.812.20$1,605
Apr 202419084.451.66$1,605
Mar 2024187480.301.55$1,560
Feb 202419076.091.78$1,446
Jan 20240073.023.30$0
Dec 202319071.262.61$1,354
Nov 202318077.892.81$1,402
Oct 20230085.443.09$0
Sep 202318089.042.74$1,603
Aug 2023199680.522.67$1,786
Jul 202319074.852.64$1,422
Jun 202318068.962.26$1,241
May 2023179370.622.23$1,408
Apr 2023198978.122.24$1,683
Mar 202319072.852.39$1,384
Feb 2023199075.112.47$1,649
Jan 202319076.533.39$1,454
Dec 2022182876.415.73$1,536
Nov 20220085.005.65$0
Oct 202218087.185.86$1,569
Sep 202219084.888.16$1,613
Aug 202219094.529.13$1,796
Jul 2022190101.587.54$1,930
Jun 2022180115.097.98$2,072
May 2022180109.378.43$1,969
Apr 2022190104.226.84$1,980
Mar 2022200108.885.08$2,178
Feb 20220091.054.86$0
Jan 202219081.844.54$1,555
Dec 202118071.323.90$1,284
Nov 202119077.435.24$1,471
Oct 202119079.795.71$1,516
Sep 202118069.865.35$1,257
Aug 202119066.024.22$1,254
Jul 202117070.783.98$1,203
Jun 202119069.493.38$1,320
May 202119063.483.02$1,206
Apr 202119060.362.76$1,147
Mar 20210061.302.72$0
Feb 202118057.805.55$1,040
Jan 202118050.412.81$907
Dec 202020044.642.68$893
Nov 202019038.772.71$737
Oct 202019036.972.48$702
Sep 202019037.091.99$705
Aug 202018039.982.39$720
Jul 202019038.371.83$729
Jun 202019034.901.69$663
May 202019016.921.81$321
Apr 202038014.751.80$561
Mar 202019030.341.86$576
Feb 202020049.881.98$998
Jan 202019057.252.09$1,088
Dec 20191814559.012.30$1,396
Nov 201919055.302.75$1,051
Oct 201919053.472.42$1,016
Sep 201919055.052.66$1,046
Aug 201919053.112.30$1,009
Jul 201919056.272.46$1,069
Jun 201919052.782.49$1,003
May 201919058.482.74$1,111
Apr 201919062.632.75$1,190
Mar 201920056.803.06$1,136
Feb 201920050.852.79$1,017
Jan 201920046.033.23$921
Dec 201819046.594.19$885
Nov 201839052.934.24$2,064
Oct 20180061.443.40$0
Sep 201839059.543.11$2,322
Aug 20180059.403.07$0
Jul 201819065.142.93$1,238
Jun 201819060.183.08$1,143
May 201820065.382.90$1,308
Apr 201819063.842.90$1,213
Mar 201818061.222.79$1,102
Feb 201818061.782.77$1,112
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 201718055.423.12$998
Oct 201718049.292.98$887
Sep 201737047.523.09$1,758
Aug 201719045.373.00$862
Jul 201719043.873.09$834
Jun 201718042.493.09$765
May 20171716345.373.26$1,303
Apr 20171912447.933.21$1,309
Mar 2017198446.772.98$1,139
Feb 2017185550.452.95$1,070
Jan 2017186249.413.42$1,101
Dec 20161911848.763.72$1,366
Nov 2016196342.492.64$974
Oct 20161814246.193.09$1,270
Sep 20161911341.553.10$1,140
Aug 20161814541.442.92$1,170
Jul 20161911341.622.92$1,121
Jun 201616045.352.69$726
May 20161912442.521.99$1,055
Apr 20161910636.561.99$906
Mar 20161811833.011.79$806
Feb 20161816926.472.06$825
Jan 20162013127.352.36$857
Dec 201547032.362.00$1,521
Nov 2015013138.792.17$284
Oct 20152314843.552.43$1,361
Sep 20151813542.992.76$1,146
Aug 20152313440.162.87$1,309
Jul 20152213948.152.95$1,469
Jun 20152312956.152.88$1,663
May 20152215555.212.96$1,673
Apr 20152315149.822.71$1,555
Mar 20154616542.892.93$2,457
Feb 2015014944.662.98$443
Jan 20152311143.433.10$1,343
Dec 20142314054.693.59$1,761
Nov 20142316070.464.25$2,301
Oct 20142220378.303.90$2,514
Sep 20142314486.164.05$2,564
Aug 20142314489.394.04$2,637
Jul 20142216396.564.18$2,806
Jun 20142316498.164.74$3,035
May 20144615594.734.73$5,090
Apr 20142316495.944.81$2,995
Mar 20142313195.895.06$2,868
Feb 20142312597.406.19$3,014
Jan 20141910890.404.86$2,243
Dec 20134716791.824.35$5,043
Nov 20132316788.853.74$2,668
Oct 20134718097.423.78$5,259
Sep 201346189104.113.72$5,492
Aug 201323156104.253.52$2,947
Jul 201346205102.523.72$5,478
Jun 20132315794.403.93$2,789
May 20134617794.834.15$5,097
Apr 20134516593.964.28$4,935
Mar 20136718193.623.91$6,981
Feb 20132314191.233.42$2,581
Jan 20134515891.603.42$4,662
Dec 20124718386.773.42$4,704
Nov 20124714786.953.62$4,620
Oct 20124719789.383.40$4,871
Sep 20127020694.672.92$7,228
Aug 20122218492.662.91$2,574
Jul 20126822185.133.02$6,456
Jun 20124523279.822.52$4,176
May 20124628491.612.49$4,921
Apr 201244254101.652.00$4,980
Mar 201269265105.052.22$7,837
Feb 201270198101.102.57$7,586
Jan 20126914698.092.73$7,167
Dec 20114713496.873.24$4,987
Nov 20112317595.723.31$2,781
Oct 20114618584.983.65$4,584
Sep 20112419683.623.99$2,788
Aug 20114618183.404.15$4,587
Jul 20113820994.144.52$4,521
Jun 20113820092.904.64$4,458
May 20111920598.134.40$2,767
Apr 201138218105.964.33$4,971
Mar 20113623596.364.06$4,422
Feb 20113721685.644.18$4,072
Jan 20113719186.504.59$4,077
Dec 20103820185.734.35$4,132
Nov 20103726480.843.80$3,993
Oct 20104121578.103.51$3,957
Sep 20104119772.633.98$3,762
Aug 20106421373.684.42$5,657
Jul 20104324172.554.74$4,261
Jun 20104217370.364.91$3,805
May 20104018671.124.24$3,633
Apr 20103816581.694.12$3,784
Mar 20104121278.394.39$4,144
Feb 20102117173.585.44$2,476
Jan 20103916874.365.96$3,902
Dec 20097921671.445.48$6,828
Nov 20092122574.593.75$2,410
Oct 20096225072.544.11$5,525
Sep 20096223265.543.06$4,775
Aug 200910125167.423.22$7,617
Jul 20094611861.133.46$3,221
Jun 20094512466.163.90$3,460
May 20094613454.743.93$3,044
Apr 20095014146.773.59$2,844
Mar 20094612442.144.06$2,442
Feb 20097015532.814.63$3,015
Jan 2009467035.865.37$2,026
Dec 20085318837.105.98$3,090
Nov 20084616655.496.86$3,691
Oct 20084618175.246.92$4,714
Sep 200844167101.767.88$5,793
Aug 200827217114.228.48$4,925
Jul 200835213131.0811.39$7,014
Jun 200848218131.3313.03$9,145
May 200847185123.1711.57$7,930
Apr 200845172110.3110.45$6,762
Mar 200845182101.909.66$6,344
Feb 20084614792.538.77$5,546
Jan 20087411190.388.21$7,599
Dec 20077716388.337.30$7,992
Nov 20074620591.677.29$5,712
Oct 20077920282.856.92$7,943
Sep 20074416075.846.24$4,336
Aug 20074616169.066.39$4,205
Jul 20074518070.906.39$4,340
Jun 20074513462.007.55$3,801
May 20074720858.747.85$4,393
Apr 20074622659.617.81$4,506
Mar 200710221456.927.30$7,368
Feb 2007016955.108.22$1,389
Jan 20074820450.306.73$3,787
Dec 20066921256.656.92$5,376
Nov 20062420354.207.62$2,847
Oct 20064714254.906.01$3,434
Sep 20064613960.085.04$3,464
Aug 20064514768.717.34$4,171
Jul 20064614369.376.34$4,098
Jun 20064612466.286.38$3,840
May 20064711366.016.42$3,829
Apr 20067514464.397.36$5,889
Mar 20065310356.707.08$3,735
Feb 20064613657.597.75$3,703
Jan 20067017560.598.93$5,805
Dec 20057414254.9413.42$5,971
Nov 20055011454.6910.59$3,942
Oct 200510312058.3413.80$7,665
Sep 20052413261.4512.08$3,069
Aug 2005212961.519.80$1,576
Jul 2005232655.697.84$1,485
Jun 2005222552.337.38$1,336
May 2005204545.226.65$1,204
Apr 2005233049.207.36$1,352
Mar 2005232350.377.15$1,323
Feb 2005201945.226.31$1,024
Jan 2005461943.166.32$2,105
Dec 200402939.866.75$196
Nov 2004233245.286.33$1,244
Oct 2004213749.706.52$1,285
Sep 2004202643.245.28$1,002
Aug 2004223442.375.55$1,121
Jul 2004213538.286.08$1,017
Jun 2004223636.106.43$1,026
May 2004234037.486.49$1,122
Apr 20041654734.475.86$5,963
Mar 2004233534.365.53$984
Feb 2004193932.455.51$831
Jan 2004232332.036.30$882
Dec 2003234430.266.30$973
Nov 2003233528.804.60$823
Oct 2003281928.174.76$879
Sep 2003232026.314.75$700
Aug 2003464029.765.13$1,574
Jul 2003354329.415.17$1,252
Jun 2003474128.565.98$1,588
May 2003474526.595.97$1,519
Apr 2003504526.675.41$1,577
Mar 2003515331.146.10$1,911
Feb 2003543333.487.93$2,069
Jan 2003274530.315.58$1,070
Dec 2002453126.914.85$1,361
Nov 2002242924.664.14$712
Oct 2002203826.464.23$690
Sep 2002244227.443.64$811
Aug 2002225125.963.16$732
Jul 2002244724.583.06$734
Jun 2002203223.733.34$581
May 20022312724.663.58$1,022
Apr 2002232523.653.51$632
Mar 20021662822.003.10$3,739
Feb 2002233818.222.38$509
Jan 2002233017.172.38$466
Dec 200103316.932.36$78
Nov 20011352518.072.41$2,500
Oct 2001233619.782.53$546
Sep 200123824.262.25$576
Aug 200122124.873.05$550
Jul 2001225623.933.20$706
Jun 2001245624.563.82$804
May 2001238825.524.31$966
Apr 2001238424.685.34$1,016
Mar 2001229024.545.38$1,024
Feb 2001242627.755.77$816
Jan 20012313427.478.40$1,757
Dec 20002313826.889.12$1,877
Nov 20002410232.215.66$1,350
Oct 20002411831.235.15$1,357
Sep 20002412531.875.19$1,413
Aug 20002414829.644.54$1,383
Jul 20002318528.534.09$1,413
Jun 20002322829.304.40$1,676
May 20002316227.263.68$1,223
Apr 2000249124.513.12$872
Mar 2000234528.422.86$782
Feb 2000465027.622.73$1,407
Jan 200003225.272.48$79
Dec 1999203724.282.42$575
Nov 1999233023.192.43$606
Oct 1999244520.982.80$630
Sep 1999215121.752.62$590
Aug 1999224219.262.88$545
Jul 1999233717.892.37$499
Jun 1999235015.942.36$485
May 1999243715.792.32$465
Apr 1999233615.102.21$427
Mar 1999243612.471.84$365
Feb 199922379.981.82$287
Jan 1999243610.381.90$318
Dec 199824369.201.77$285
Nov 1998233610.892.19$329
Oct 1998243612.421.97$369
Sep 1998223612.592.08$352
Aug 1998223611.301.91$317
Jul 199803611.742.24$81
Jun 1998213611.242.24$317
May 1998223612.622.21$357
Apr 1998243613.042.51$403
Mar 1998233612.802.31$378
Feb 1998243613.952.30$418
Jan 1998233714.702.15$418
Dec 1997233716.322.41$465
Nov 1997253718.193.09$569
Oct 1997243719.253.15$579
Sep 1997243717.742.95$535
Aug 1997223617.862.55$485
Jul 1997233717.582.25$487
Jun 1997243817.242.26$500
May 1997473718.972.31$977
Apr 199702617.882.08$54
Mar 1997243718.951.94$527
Feb 1997373720.492.21$840
Jan 1997253623.483.54$714
Dec 1996243723.32$560
Nov 1996245021.97$527
Oct 1996243723.31$559
Sep 1996243722.22$533
Aug 1996243720.26$486
Jul 1996243919.55$469
Jun 1996243818.73$450
May 1996233719.43$447
Apr 1996463921.51$989
Mar 1996233719.38$446
Feb 1996243916.98$408
Jan 1996244117.07$410
Dec 1995233217.19$395
Nov 1995252516.00$400
Oct 1995232115.43$355
Sep 1995235116.18$372
Aug 1995234415.92$366
Jul 1995233015.24$351
Jun 1995234616.41$377
May 1995223017.56$386
Apr 1995232417.73$408
Mar 1995474416.44$773
Feb 1995234016.58$381
Jan 1995234815.92$366
Dec 1994233715.03$346
Nov 1994244515.90$382
Oct 1994484715.58$748
Sep 1994484615.29$734
Aug 1994424616.13$677
Jul 1994224517.56$386
Jun 1994434117.09$735
May 1994242415.88$381
Apr 1994464614.14$650
Mar 1994464912.46$573
Feb 1994484312.50$600
Jan 1994245512.66$304
Dec 1993245712.33$296
Nov 1993255814.49$362
Oct 1993476315.85$745
Sep 1993235315.03$346
Aug 1993467715.66$720
Jul 1993445815.46$680
Jun 1993458116.79$756
May 1993905817.68$1,591
Apr 1993231918.05$415
Mar 1993241818.14$435
Feb 1993231517.90$412
Jan 1993241716.93$406

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                   19 bbl  × $106.41 =     $2,022
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $2,022

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/338 is the state's own key, not one this site invented.