STEPHENS, J.

Operated by DALF ENERGY LLC (P-5 197641) 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 3496District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$673 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
NGPA2none

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
OilDisposition14,058 bbl$501,531
Casinghead gasProduction38,133 Mcf$171,398
Total$672,929

9,154 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 (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 35.3612, -101.0404. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

35.36073, -101.03881 · 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
33.3%
2 of 6 wells
With a plug date
33.3%
2 of 6 wells
Median depth
3,289 ft
4 wells filed one
Completion to plug
38.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
233.3%
A plug date is filed
233.3%
BothOn the schedule and plugged. Neither fact cancels the other.
233.3%
NeitherNo plug date, and not on the schedule.
466.7%

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 3,167 and 3,350 ft, median 3,289 ft, over the 4 wells that filed a depth.

Completions filed
Sep 1967 – Feb 1984
5 of 6 wells; 1 filed none
Plug dates filed
Jun 2011 – May 2014
2 of 6 wells; 4 filed none

Last completion to plug: a median of 38.3 years across the 2 wells that filed both dates, with the middle half between 34.2 years and 42.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-179851322 B
42-179315684 B3,350 ftFeb 1984
42-179311733 B3,308 ftMay 1982
42-1793085823,269 ftJun 1981Jun 2011Yes
42-179851311 BAug 1968
42-1792008513,167 ftSep 1967May 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 20170049.292.98$0
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 2017170050.452.95$8,577
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 201634042.492.64$1,445
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016173541.442.92$7,184
Jul 20160741.622.92$20
Jun 20160845.352.69$21
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016175033.011.79$5,777
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 2015177040.162.87$7,108
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 2015180043.433.10$7,817
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 2014158098.164.74$15,509
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 2013181091.824.35$16,619
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 2013172093.623.91$16,103
Feb 20130091.233.42$0
Jan 20130091.603.42$0
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 2012170085.133.02$14,472
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20121750101.102.57$17,693
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 201102384.983.65$84
Sep 201102483.623.99$96
Aug 20110083.404.15$0
Jul 201105894.144.52$262
Jun 20110092.904.64$0
May 2011169098.134.40$16,584
Apr 201100105.964.33$0
Mar 201101896.364.06$73
Feb 201106085.644.18$251
Jan 201107586.504.59$344
Dec 201008085.734.35$348
Nov 201004080.843.80$152
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 2010170072.554.74$12,334
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 2009164074.593.75$12,233
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 2009169032.814.63$5,545
Jan 200901835.865.37$97
Dec 2008012437.105.98$741
Nov 200803255.496.86$220
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20081660114.228.48$18,961
Jul 20080283131.0811.39$3,223
Jun 20080196131.3313.03$2,554
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 2008071101.909.66$686
Feb 20081739292.538.77$16,815
Jan 2008022790.388.21$1,863
Dec 2007027888.337.30$2,030
Nov 2007023191.677.29$1,684
Oct 2007025482.856.92$1,758
Sep 2007023575.846.24$1,467
Aug 2007023969.066.39$1,527
Jul 2007025070.906.39$1,597
Jun 2007024462.007.55$1,842
May 200715130458.747.85$11,255
Apr 2007011659.617.81$905
Mar 2007028756.927.30$2,096
Feb 2007021255.108.22$1,742
Jan 2007026150.306.73$1,756
Dec 2006024456.656.92$1,688
Nov 200616423254.207.62$10,656
Oct 2006024454.906.01$1,467
Sep 2006024460.085.04$1,229
Aug 2006028568.717.34$2,092
Jul 2006028669.376.34$1,814
Jun 200616726266.286.38$12,741
May 2006030566.016.42$1,960
Apr 2006030264.397.36$2,223
Mar 2006031556.707.08$2,231
Feb 2006027257.597.75$2,108
Jan 200616627260.598.93$12,488
Dec 2005034254.9413.42$4,588
Nov 200516933554.6910.59$12,790
Oct 2005036658.3413.80$5,049
Sep 20051688861.4512.08$11,387
Aug 2005020961.519.80$2,048
Jul 2005019055.697.84$1,490
Jun 200517116052.337.38$10,129
May 2005015845.226.65$1,051
Apr 2005017149.207.36$1,259
Mar 200513619150.377.15$8,217
Feb 2005016745.226.31$1,054
Jan 200516021243.166.32$8,246
Dec 2004022739.866.75$1,533
Nov 200416621845.286.33$8,897
Oct 2004025749.706.52$1,674
Sep 200416026043.245.28$8,292
Aug 2004030142.375.55$1,671
Jul 200415131838.286.08$7,715
Jun 200416151336.106.43$9,112
May 200401,28737.486.49$8,359
Apr 20041571,34234.475.86$13,274
Mar 20041221,67434.365.53$13,449
Feb 2004075532.455.51$4,160
Jan 2004039432.036.30$2,482
Dec 200313545730.266.30$6,965
Nov 200316133828.804.60$6,190
Oct 2003033228.174.76$1,580
Sep 200315635926.314.75$5,809
Aug 2003039929.765.13$2,047
Jul 200313743129.415.17$6,258
Jun 200316240028.565.98$7,020
May 2003047726.595.97$2,849
Apr 200315623526.675.41$5,431
Mar 200315230831.146.10$6,611
Feb 2003024233.487.93$1,918
Jan 200314923930.315.58$5,850
Dec 2002031826.914.85$1,544
Nov 200216325724.664.14$5,083
Oct 2002033026.464.23$1,396
Sep 200247026927.443.64$13,875
Aug 200202725.963.16$85
Jul 200203124.583.06$95
Jun 200202023.733.34$67
May 20021717124.663.58$4,471
Apr 200206423.653.51$225
Mar 2002020622.003.10$639
Feb 20021833118.222.38$3,408
Jan 200206417.172.38$152
Dec 200107216.932.36$170
Nov 200104318.072.41$103
Oct 20011687219.782.53$3,505
Sep 200105424.262.25$122
Aug 200106924.873.05$211
Jul 20011814523.933.20$4,475
Jun 20010024.563.82$0
May 200105225.524.31$224
Apr 2001184024.685.34$4,541
Mar 200101824.545.38$97
Feb 20010927.755.77$52
Jan 200118913827.478.40$6,351
Dec 2000016526.889.12$1,505
Nov 200007432.215.66$419
Oct 20001817031.235.15$6,013
Sep 200005731.875.19$296
Aug 200004529.644.54$204
Jul 200004728.534.09$192
Jun 200006429.304.40$281
May 20001836527.263.68$5,228
Apr 200005524.513.12$171
Mar 200006928.422.86$197
Feb 20001866727.622.73$5,320
Jan 200007525.272.48$186
Dec 19991856524.282.42$4,649
Nov 199907023.192.43$170
Oct 199905220.982.80$146
Sep 19991637521.752.62$3,742
Aug 199909319.262.88$267
Jul 1999010617.892.37$251
Jun 199907815.942.36$184
May 19991308915.792.32$2,259
Apr 199908515.102.21$188
Mar 199913712412.471.84$1,936
Feb 199901019.981.82$184
Jan 1999014010.381.90$266
Dec 199801209.201.77$213
Nov 19981738410.892.19$2,068
Oct 199808412.421.97$165
Sep 1998011212.592.08$233
Aug 199818611011.301.91$2,312
Jul 1998012811.742.24$286
Jun 1998012511.242.24$280
May 1998369012.622.21$653
Apr 199807813.042.51$195
Mar 199808212.802.31$189
Feb 1998010713.952.30$246
Jan 199817212414.702.15$2,796
Dec 199709616.322.41$231
Nov 1997011018.193.09$340
Oct 199717011419.253.15$3,632
Sep 1997011217.742.95$331
Aug 1997012117.862.55$309
Jul 199716411417.582.25$3,139
Jun 1997013617.242.26$307
May 1997015418.972.31$356
Apr 1997015317.882.08$319
Mar 199716315418.951.94$3,387
Feb 1997013920.492.21$307
Jan 1997017423.483.54$616
Dec 199617315523.32$4,034
Nov 1996015621.97$0
Oct 199616715623.31$3,893
Sep 1996015022.22$0
Aug 1996015120.26$0
Jul 199617214519.55$3,363
Jun 1996014818.73$0
May 1996015519.43$0
Apr 199617115521.51$3,678
Mar 1996015319.38$0
Feb 199615217916.98$2,581
Jan 1996018617.07$0
Dec 1995015217.19$0
Nov 199516817216.00$2,688
Oct 1995017715.43$0
Sep 199515017416.18$2,427
Aug 1995017815.92$0
Jul 1995017615.24$0
Jun 199517015116.41$2,790
May 1995018317.56$0
Apr 199515118417.73$2,677
Mar 1995020316.44$0
Feb 199516118516.58$2,669
Jan 1995019315.92$0
Dec 199416618515.03$2,495
Nov 1994017915.90$0
Oct 199416519215.58$2,571
Sep 1994019715.29$0
Aug 1994021716.13$0
Jul 199415321917.56$2,687
Jun 1994021017.09$0
May 199416621715.88$2,636
Apr 1994021514.14$0
Mar 199414521312.46$1,807
Feb 1994019112.50$0
Jan 199417019912.66$2,152
Dec 1993020112.33$0
Nov 199316818214.49$2,434
Oct 1993021115.85$0
Sep 199316316715.03$2,450
Aug 1993021615.66$0
Jul 199317122515.46$2,644
Jun 199316423416.79$2,754
May 1993024517.68$0
Apr 199314724318.05$2,653
Mar 1993027818.14$0
Feb 199318624817.90$3,329
Jan 199316825316.93$2,844

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.

Feb 2017 — as filed, then multipliedworked
Oil                  170 bbl  × $ 50.45 =     $8,577
Casinghead gas         0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                   $8,577

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/3496 is the state's own key, not one this site invented.