DUN

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 351District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$50 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
OilDisposition38,066 bbl$2,091,313
Casinghead gasProduction135,272 Mcf$557,653
Total$2,648,967

6,572 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 (4)

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 35.4103, -100.6213. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

35.41027, -100.62127 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
2,508 ft
1 wells filed one
Completion to plug
12.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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

The one well that filed a depth was drilled to 2,508 ft.

Completions filed
Dec 1989
1 of 4 wells; 3 filed none
Plug dates filed
Aug 2002
1 of 4 wells; 3 filed none

Last completion to plug: a median of 12.7 years across the 1 well that filed both dates, with the middle half between 12.7 years and 12.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-179818311
42-179818333
42-179818344
42-1790246022,508 ftDec 1989Aug 2002Yes

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 2026610106.413.05$6,491
Apr 202662098.932.87$6,134
Mar 20260089.753.15$0
Feb 2026121063.503.75$7,684
Jan 202660059.138.00$3,548
Dec 20250056.664.41$0
Nov 202560058.593.93$3,515
Oct 202560059.383.30$3,563
Sep 202563062.743.08$3,953
Aug 20256112563.933.01$4,277
Jul 20256333366.743.32$5,309
Jun 20256140766.483.13$5,329
May 202563060.553.23$3,815
Apr 202562062.363.54$3,866
Mar 202563067.704.27$4,265
Feb 202563070.884.34$4,465
Jan 202561074.324.28$4,534
Dec 2024613868.993.12$4,327
Nov 2024639269.052.20$4,552
Oct 20246556271.372.28$5,921
Sep 20245948369.612.36$5,249
Aug 20245713875.632.06$4,596
Jul 202462079.932.15$4,956
Jun 20246517678.082.63$5,539
May 20245927878.812.20$5,261
Apr 20246160484.451.66$6,154
Mar 20246124380.301.55$5,274
Feb 20246322376.091.78$5,191
Jan 20240073.023.30$0
Dec 202362071.262.61$4,418
Nov 202360077.892.81$4,673
Oct 20230085.443.09$0
Sep 202359089.042.74$5,253
Aug 20236231580.522.67$5,834
Jul 20236168574.852.64$6,375
Jun 20236048768.962.26$5,237
May 20235730670.622.23$4,707
Apr 20236229378.122.24$5,499
Mar 20236158272.852.39$5,837
Feb 2023629075.112.47$4,879
Jan 20236276676.533.39$7,340
Dec 2022609376.415.73$5,117
Nov 2022066385.005.65$3,743
Oct 20225832387.185.86$6,950
Sep 202262084.888.16$5,263
Aug 202263094.529.13$5,955
Jul 2022610101.587.54$6,196
Jun 2022600115.097.98$6,905
May 2022590109.378.43$6,453
Apr 2022620104.226.84$6,462
Mar 2022640108.885.08$6,968
Feb 20220091.054.86$0
Jan 202263081.844.54$5,156
Dec 202161071.323.90$4,351
Nov 202162077.435.24$4,801
Oct 202162079.795.71$4,947
Sep 202159069.865.35$4,122
Aug 202162066.024.22$4,093
Jul 202157070.783.98$4,034
Jun 202162069.493.38$4,308
May 202163063.483.02$3,999
Apr 202161060.362.76$3,682
Mar 20210061.302.72$0
Feb 202159057.805.55$3,410
Jan 202158050.412.81$2,924
Dec 202065044.642.68$2,902
Nov 202062038.772.71$2,404
Oct 202064036.972.48$2,366
Sep 202063037.091.99$2,337
Aug 202060039.982.39$2,399
Jul 202062038.371.83$2,379
Jun 202063034.901.69$2,199
May 2020633816.921.81$1,135
Apr 202012325614.751.80$2,276
Mar 20206242630.341.86$2,672
Feb 20206621249.881.98$3,712
Jan 20206258257.252.09$4,769
Dec 20196147659.012.30$4,696
Nov 20196241255.302.75$4,562
Oct 20196278753.472.42$5,219
Sep 20196228955.052.66$4,181
Aug 20196228953.112.30$3,959
Jul 201962056.272.46$3,489
Jun 20196431552.782.49$4,163
May 20196332058.482.74$4,561
Apr 20196485662.632.75$6,363
Mar 20196693156.803.06$6,600
Feb 20196676650.852.79$5,495
Jan 20196588446.033.23$5,846
Dec 20186296146.594.19$6,911
Nov 201812796452.934.24$10,807
Oct 201801,10161.443.40$3,741
Sep 201812689159.543.11$10,271
Aug 2018093359.403.07$2,861
Jul 20186489865.142.93$6,802
Jun 20186376660.183.08$6,148
May 20186497865.382.90$7,021
Apr 20186379063.842.90$6,314
Mar 2018601,11261.222.79$6,772
Feb 2018601,20261.782.77$7,032
Jan 201801,31162.874.01$5,256
Dec 201701,17757.272.92$3,439
Nov 2017611,08455.423.12$6,761
Oct 2017631,12649.292.98$6,465
Sep 20171221,12747.523.09$9,277
Aug 20176297445.373.00$5,739
Jul 2017631,07543.873.09$6,083
Jun 20176094542.493.09$5,467
May 20175753545.373.26$4,332
Apr 20176340847.933.21$4,330
Mar 20176227546.772.98$3,720
Feb 20176018150.452.95$3,561
Jan 20176020349.413.42$3,659
Dec 20166138648.763.72$4,411
Nov 20166120642.492.64$3,137
Oct 20165846546.193.09$4,116
Sep 20166137241.553.10$3,688
Aug 20166047641.442.92$3,878
Jul 20166137241.622.92$3,627
Jun 20165412045.352.69$2,771
May 20166340742.521.99$3,489
Apr 20166234836.561.99$2,960
Mar 20165838833.011.79$2,611
Feb 20166055526.472.06$2,734
Jan 20166443227.352.36$2,772
Dec 201515636232.362.00$5,773
Nov 2015043038.792.17$932
Oct 20157648543.552.43$4,487
Sep 20156144242.992.76$3,842
Aug 20157544140.162.87$4,279
Jul 20157345748.152.95$4,861
Jun 20157642456.152.88$5,490
May 20157350955.212.96$5,535
Apr 20157649749.822.71$5,131
Mar 201515154242.892.93$8,067
Feb 2015048944.662.98$1,455
Jan 20157536543.433.10$4,389
Dec 20147546154.693.59$5,757
Nov 20147752570.464.25$7,658
Oct 20147366778.303.90$8,318
Sep 20147747286.164.05$8,544
Aug 20147647289.394.04$8,698
Jul 20147453696.564.18$9,386
Jun 20147553898.164.74$9,910
May 201415250894.734.73$16,800
Apr 20147753995.944.81$9,980
Mar 20147743095.895.06$9,558
Feb 20147641297.406.19$9,954
Jan 20146235490.404.86$7,325
Dec 201315354991.824.35$16,439
Nov 20137554888.853.74$8,712
Oct 201315459297.423.78$17,240
Sep 2013151621104.113.72$18,029
Aug 201376513104.253.52$9,730
Jul 2013151675102.523.72$17,990
Jun 20137551794.403.93$9,114
May 201315058094.834.15$16,631
Apr 201314854193.964.28$16,223
Mar 201322659493.623.91$23,482
Feb 20137646491.233.42$8,520
Jan 201314751991.603.42$15,240
Dec 201215360086.773.42$15,328
Nov 201215348286.953.62$15,051
Oct 201215364789.383.40$15,875
Sep 201223067694.672.92$23,747
Aug 20127260692.662.91$8,434
Jul 201222372785.133.02$21,180
Jun 201214976179.822.52$13,810
May 201215193491.612.49$16,157
Apr 2012145834101.652.00$16,405
Mar 2012227871105.052.22$25,782
Feb 2012231650101.102.57$25,025
Jan 201222548198.092.73$23,385
Dec 201115444096.873.24$16,343
Nov 20117757595.723.31$9,274
Oct 201115260884.983.65$15,135
Sep 20118064483.623.99$9,256
Aug 201115259383.404.15$15,137
Jul 201112468894.144.52$14,781
Jun 201112565892.904.64$14,666
May 20116467598.134.40$9,254
Apr 2011125717105.964.33$16,352
Mar 201112077196.364.06$14,691
Feb 201112371185.644.18$13,506
Jan 201112262686.504.59$13,426
Dec 201012466185.734.35$13,504
Nov 201012186680.843.80$13,068
Oct 201013670878.103.51$13,106
Sep 201013564672.633.98$12,376
Aug 201021069973.684.42$18,562
Jul 201014279372.554.74$14,058
Jun 201013856770.364.91$12,494
May 201013361271.124.24$12,051
Apr 201012654281.694.12$12,527
Mar 201013469978.394.39$13,572
Feb 20106756173.585.44$7,983
Jan 201012955374.365.96$12,891
Dec 200925971171.445.48$22,402
Nov 20096873974.593.75$7,844
Oct 200920382172.544.11$18,100
Sep 200920376265.543.06$15,640
Aug 200933282567.423.22$25,039
Jul 200915238661.133.46$10,629
Jun 200914740866.163.90$11,315
May 200915044154.743.93$9,942
Apr 200916446546.773.59$9,338
Mar 200915240842.144.06$8,061
Feb 200922951032.814.63$9,876
Jan 200915223135.865.37$6,691
Dec 200817361737.105.98$10,106
Nov 200815354455.496.86$12,222
Oct 200815159475.246.92$15,473
Sep 2008143547101.767.88$18,860
Aug 200889714114.228.48$16,222
Jul 2008117698131.0811.39$23,286
Jun 2008159717131.3313.03$30,226
May 2008156607123.1711.57$26,240
Apr 2008149564110.3110.45$22,333
Mar 2008147599101.909.66$20,768
Feb 200815048492.538.77$18,124
Jan 200824236390.388.21$24,851
Dec 200725453588.337.30$26,342
Nov 200715067391.677.29$18,658
Oct 200726166482.856.92$26,220
Sep 200714552675.846.24$14,281
Aug 200715152869.066.39$13,801
Jul 200714759070.906.39$14,191
Jun 200714943962.007.55$12,552
May 200715568358.747.85$14,464
Apr 200715174259.617.81$14,793
Mar 200733470356.927.30$24,145
Feb 2007055755.108.22$4,576
Jan 200715667050.306.73$12,354
Dec 200622869556.656.92$17,725
Nov 20067766854.207.62$9,262
Oct 200615646654.906.01$11,367
Sep 200615045860.085.04$11,319
Aug 200614748368.717.34$13,646
Jul 200615247069.376.34$13,525
Jun 200615140766.286.38$12,607
May 200615437266.016.42$12,556
Apr 200624647264.397.36$19,314
Mar 200617533956.707.08$12,324
Feb 200615044857.597.75$12,111
Jan 200622957560.598.93$19,012
Dec 200524446754.9413.42$19,670
Nov 200516637654.6910.59$13,060
Oct 200533939658.3413.80$25,240
Sep 20057843361.4512.08$10,023
Aug 2005689461.519.80$5,104
Jul 2005778655.697.84$4,963
Jun 2005748152.337.38$4,470
May 20056614845.226.65$3,969
Apr 2005769949.207.36$4,468
Mar 2005777750.377.15$4,429
Feb 2005676445.226.31$3,434
Jan 20051506143.166.32$6,860
Dec 200409539.866.75$641
Nov 20047510645.286.33$4,067
Oct 20047012049.706.52$4,261
Sep 2004678743.245.28$3,357
Aug 20047111142.375.55$3,624
Jul 20046911638.286.08$3,347
Jun 20047311936.106.43$3,401
May 20047713137.486.49$3,737
Apr 20047615534.475.86$3,528
Mar 20047711434.365.53$3,276
Feb 20046112832.455.51$2,685
Jan 2004767632.036.30$2,913
Dec 20037714630.266.30$3,250
Nov 20037611528.804.60$2,717
Oct 2003926228.174.76$2,887
Sep 2003776726.314.75$2,344
Aug 200315213129.765.13$5,196
Jul 200311714229.415.17$4,175
Jun 200315513428.565.98$5,229
May 200315514826.595.97$5,005
Apr 200316514926.675.41$5,206
Mar 200316617331.146.10$6,224
Feb 200317610833.487.93$6,748
Jan 20038814630.315.58$3,482
Dec 200214710026.914.85$4,441
Nov 2002809624.664.14$2,370
Oct 20026412626.464.23$2,226
Sep 20027813827.443.64$2,642
Aug 20027216825.963.16$2,401
Jul 20027815524.583.06$2,392
Jun 20026710523.733.34$1,940
May 20027541724.663.58$3,344
Apr 2002748123.653.51$2,035
Mar 2002769222.003.10$1,957
Feb 20027612618.222.38$1,684
Jan 2002769817.172.38$1,538
Dec 2001010916.932.36$258
Nov 2001628418.072.41$1,322
Oct 20017612019.782.53$1,807
Sep 2001772524.262.25$1,924
Aug 200173324.873.05$1,825
Jul 20017318323.933.20$2,332
Jun 20017818324.563.82$2,616
May 20017728825.524.31$3,206
Apr 20017627524.685.34$3,343
Mar 20017429424.545.38$3,397
Feb 2001788427.755.77$2,649
Jan 20017543927.478.40$5,747
Dec 20007545426.889.12$6,158
Nov 20007833532.215.66$4,408
Oct 20007738831.235.15$4,401
Sep 20007741031.875.19$4,580
Aug 20007848829.644.54$4,528
Jul 20007560728.534.09$4,622
Jun 20007574929.304.40$5,491
May 20007653427.263.68$4,037
Apr 20007730024.513.12$2,822
Mar 20007314928.422.86$2,501
Feb 200015116327.622.73$4,615
Jan 2000010525.272.48$260
Dec 19996712224.282.42$1,922
Nov 19997610023.192.43$2,006
Oct 19997814820.982.80$2,051
Sep 19997116721.752.62$1,982
Aug 19997413919.262.88$1,825
Jul 19997712117.892.37$1,665
Jun 19997516315.942.36$1,581
May 19997912215.792.32$1,531
Apr 19997711915.102.21$1,425
Mar 19997811912.471.84$1,191
Feb 1999731199.981.82$945
Jan 19997811910.381.90$1,036
Dec 1998801199.201.77$947
Nov 19987711910.892.19$1,099
Oct 19987711912.421.97$1,191
Sep 19987411912.592.08$1,179
Aug 19987211911.301.91$1,041
Jul 1998011911.742.24$266
Jun 19987011911.242.24$1,053
May 19987411912.622.21$1,196
Apr 19987811913.042.51$1,315
Mar 19987511912.802.31$1,235
Feb 19987812013.952.30$1,364
Jan 19987412114.702.15$1,349
Dec 19977612316.322.41$1,537
Nov 19978112118.193.09$1,847
Oct 19977812119.253.15$1,883
Sep 19977912117.742.95$1,759
Aug 19977211917.862.55$1,590
Jul 19977712117.582.25$1,626
Jun 19977912417.242.26$1,642
May 199715612118.972.31$3,239
Apr 199708717.882.08$181
Mar 19978012318.951.94$1,755
Feb 199712312020.492.21$2,785
Jan 19978112023.483.54$2,327
Dec 19967912223.32$1,842
Nov 19967816521.97$1,714
Oct 19967912323.31$1,841
Sep 19967912122.22$1,755
Aug 19967812220.26$1,580
Jul 19967812619.55$1,525
Jun 19967712318.73$1,442
May 19967712019.43$1,496
Apr 199615212821.51$3,270
Mar 19967712319.38$1,492
Feb 19967812616.98$1,324
Jan 19968013517.07$1,366
Dec 19957510517.19$1,289
Nov 1995828016.00$1,312
Oct 1995777115.43$1,188
Sep 19957616616.18$1,230
Aug 19957514415.92$1,194
Jul 1995759815.24$1,143
Jun 19957614916.41$1,247
May 19957310017.56$1,282
Apr 1995768017.73$1,347
Mar 199515514616.44$2,548
Feb 19957713116.58$1,277
Jan 19957715615.92$1,226
Dec 19947712315.03$1,157
Nov 19947914915.90$1,256
Oct 199415715415.58$2,446
Sep 199415715115.29$2,401
Aug 199413815016.13$2,226
Jul 19947314917.56$1,282
Jun 199414313717.09$2,444
May 1994788015.88$1,239
Apr 199415215214.14$2,149
Mar 199415015912.46$1,869
Feb 199415814212.50$1,975
Jan 19947918112.66$1,000
Dec 19938018612.33$986
Nov 19938119114.49$1,174
Oct 199315520815.85$2,457
Sep 19937717515.03$1,157
Aug 199315125215.66$2,365
Jul 199314319015.46$2,211
Jun 199314926616.79$2,502
May 199329519117.68$5,216
Apr 1993746318.05$1,336
Mar 1993785918.14$1,415
Feb 1993775017.90$1,378
Jan 1993785416.93$1,321

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                   61 bbl  × $106.41 =     $6,491
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $6,491

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/351 is the state's own key, not one this site invented.