MORSE -F-

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 369District 10Field 68873001OilCasinghead gasSaveExport
Value, all time
$2.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$41 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
OilDisposition33,037 bbl$1,816,661
Casinghead gasProduction89,700 Mcf$399,869
Total$2,216,529

5,717 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 35.4139, -100.6213. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

35.41390, -100.62128 · 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
50.0%
2 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
2,618 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
250.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
NeitherNo plug date, and not on the schedule.
250.0%

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 2,580 and 2,655 ft, median 2,618 ft, over the 2 wells that filed a depth.

Plug dates filed
Aug 1981 – May 1987
2 of 4 wells; 2 filed none

4 wells

42-1790249742,655 ftMay 1987Yes
42-179818633W2,580 ftAug 1981Yes
42-179818611
42-179818622

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 2026530106.413.05$5,640
Apr 202653098.932.87$5,243
Mar 20260089.753.15$0
Feb 2026105063.503.75$6,668
Jan 202652059.138.00$3,075
Dec 20250056.664.41$0
Nov 202552058.593.93$3,047
Oct 202552059.383.30$3,088
Sep 202554062.743.08$3,388
Aug 20255310963.933.01$3,717
Jul 202555066.743.32$3,671
Jun 202553066.483.13$3,523
May 202555060.553.23$3,330
Apr 202554062.363.54$3,367
Mar 202555067.704.27$3,724
Feb 202555070.884.34$3,898
Jan 202553074.324.28$3,939
Dec 202453068.993.12$3,656
Nov 202455069.052.20$3,798
Oct 202456071.372.28$3,997
Sep 202451069.612.36$3,550
Aug 20245012075.632.06$4,029
Jul 202454079.932.15$4,316
Jun 20245715378.082.63$4,854
May 20245224278.812.20$4,630
Apr 202453084.451.66$4,476
Mar 20245321280.301.55$4,583
Feb 202455076.091.78$4,185
Jan 20240073.023.30$0
Dec 202354071.262.61$3,848
Nov 202352077.892.81$4,050
Oct 20230085.443.09$0
Sep 202352089.042.74$4,630
Aug 20235427480.522.67$5,080
Jul 202354074.852.64$4,042
Jun 202353068.962.26$3,655
May 20234926670.622.23$4,053
Apr 20235425578.122.24$4,789
Mar 202353072.852.39$3,861
Feb 2023549075.112.47$4,278
Jan 202354076.533.39$4,133
Dec 2022528176.415.73$4,437
Nov 20220085.005.65$0
Oct 202250087.185.86$4,359
Sep 202254084.888.16$4,584
Aug 202255094.529.13$5,199
Jul 2022530101.587.54$5,384
Jun 2022520115.097.98$5,985
May 2022520109.378.43$5,687
Apr 2022540104.226.84$5,628
Mar 2022560108.885.08$6,097
Feb 20220091.054.86$0
Jan 202255081.844.54$4,501
Dec 202153071.323.90$3,780
Nov 202154077.435.24$4,181
Oct 202154079.795.71$4,309
Sep 202152069.865.35$3,633
Aug 202154066.024.22$3,565
Jul 202149070.783.98$3,468
Jun 202154069.493.38$3,752
May 202155063.483.02$3,491
Apr 202153060.362.76$3,199
Mar 20210061.302.72$0
Feb 202151057.805.55$2,948
Jan 202150050.412.81$2,521
Dec 202057044.642.68$2,544
Nov 202054038.772.71$2,094
Oct 202056036.972.48$2,070
Sep 202054037.091.99$2,003
Aug 202052039.982.39$2,079
Jul 202052038.371.83$1,995
Jun 202055034.901.69$1,920
May 202055016.921.81$931
Apr 2020107014.751.80$1,578
Mar 202054030.341.86$1,638
Feb 202057049.881.98$2,843
Jan 202054057.252.09$3,092
Dec 20195341459.012.30$4,082
Nov 201954055.302.75$2,986
Oct 201954053.472.42$2,887
Sep 201954055.052.66$2,973
Aug 201954053.112.30$2,868
Jul 201954056.272.46$3,039
Jun 201956052.782.49$2,956
May 201955058.482.74$3,216
Apr 201956062.632.75$3,507
Mar 201957056.803.06$3,238
Feb 201957050.852.79$2,898
Jan 201957046.033.23$2,624
Dec 201854046.594.19$2,516
Nov 2018111052.934.24$5,875
Oct 20180061.443.40$0
Sep 2018110059.543.11$6,549
Aug 20180059.403.07$0
Jul 201855065.142.93$3,583
Jun 201855060.183.08$3,310
May 201856065.382.90$3,661
Apr 201855063.842.90$3,511
Mar 201852061.222.79$3,183
Feb 201853061.782.77$3,274
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 201753055.423.12$2,937
Oct 201755049.292.98$2,711
Sep 2017106047.523.09$5,037
Aug 201754045.373.00$2,450
Jul 201755043.873.09$2,413
Jun 201753042.493.09$2,252
May 20175046545.373.26$3,786
Apr 20175535447.933.21$3,773
Mar 20175423946.772.98$3,239
Feb 20175215750.452.95$3,087
Jan 20175217749.413.42$3,174
Dec 20165333648.763.72$3,835
Nov 20165317942.492.64$2,725
Oct 20165140546.193.09$3,607
Sep 20165332441.553.10$3,207
Aug 20165241441.442.92$3,366
Jul 20165332441.622.92$3,153
Jun 20164710445.352.69$2,411
May 20165535442.521.99$3,043
Apr 20165430236.561.99$2,576
Mar 20165133833.011.79$2,290
Feb 20165348326.472.06$2,400
Jan 20165637527.352.36$2,418
Dec 2015135032.362.00$4,369
Nov 2015037438.792.17$811
Oct 20156642243.552.43$3,898
Sep 20155338542.992.76$3,340
Aug 20156538440.162.87$3,713
Jul 20156439748.152.95$4,251
Jun 20156636856.152.88$4,767
May 20156444355.212.96$4,843
Apr 20156643249.822.71$4,457
Mar 201513247242.892.93$7,047
Feb 2015042544.662.98$1,265
Jan 20156531743.433.10$3,806
Dec 20146540154.693.59$4,995
Nov 20146745770.464.25$6,664
Oct 20146458078.303.90$7,274
Sep 20146741186.164.05$7,435
Aug 20146641089.394.04$7,554
Jul 20146446696.564.18$8,128
Jun 20146546898.164.74$8,597
May 201413244294.734.73$14,594
Apr 20146746995.944.81$8,683
Mar 20146737495.895.06$8,316
Feb 20146635897.406.19$8,645
Jan 20145430890.404.86$6,379
Dec 201313347791.824.35$14,289
Nov 20136547788.853.74$7,558
Oct 201313451597.423.78$15,001
Sep 2013132540104.113.72$15,750
Aug 201366446104.253.52$8,452
Jul 2013132587102.523.72$15,715
Jun 20136645094.403.93$8,000
May 201313050594.834.15$14,423
Apr 201312947193.964.28$14,138
Mar 201319751793.623.91$20,466
Feb 20136640491.233.42$7,403
Jan 201312845191.603.42$13,267
Dec 201213352286.773.42$13,326
Nov 201213341986.953.62$13,083
Oct 201213356289.383.40$13,798
Sep 201220058894.672.92$20,650
Aug 20126252792.662.91$7,278
Jul 201219463285.133.02$18,424
Jun 201213066279.822.52$12,044
May 201213181291.612.49$14,021
Apr 2012126725101.652.00$14,256
Mar 2012198757105.052.22$22,482
Feb 2012201565101.102.57$21,773
Jan 201219641898.092.73$20,368
Dec 201113438296.873.24$14,218
Nov 20116750095.723.31$8,069
Oct 201113252984.983.65$13,147
Sep 20116956083.623.99$8,002
Aug 201113251683.404.15$13,150
Jul 201110859894.144.52$12,868
Jun 201110857292.904.64$12,687
May 20115558798.134.40$7,983
Apr 2011109623105.964.33$14,249
Mar 201110467096.364.06$12,740
Feb 201110761885.644.18$11,747
Jan 201110654586.504.59$11,670
Dec 201010757585.734.35$11,673
Nov 201010575380.843.80$11,346
Oct 201011861678.103.51$11,377
Sep 201011856272.633.98$10,807
Aug 201018360873.684.42$16,170
Jul 201012369072.554.74$12,192
Jun 201012049370.364.91$10,864
May 201011553271.124.24$10,432
Apr 201011047181.694.12$10,928
Mar 201011760878.394.39$11,840
Feb 20105948873.585.44$6,997
Jan 201011148174.365.96$11,123
Dec 200922561971.445.48$19,468
Nov 20095964274.593.75$6,809
Oct 200917771472.544.11$15,774
Sep 200917666265.543.06$13,564
Aug 200928971767.423.22$21,792
Jul 200913233661.133.46$9,233
Jun 200912835566.163.90$9,851
May 200913138354.743.93$8,675
Apr 200914340446.773.59$8,137
Mar 200913235542.144.06$7,003
Feb 200919944432.814.63$8,586
Jan 200913220135.865.37$5,813
Dec 200815053737.105.98$8,775
Nov 200813347355.496.86$10,625
Oct 200813151775.246.92$13,435
Sep 2008124476101.767.88$16,368
Aug 200877621114.228.48$14,063
Jul 2008101607131.0811.39$20,152
Jun 2008138624131.3313.03$26,256
May 2008135528123.1711.57$22,739
Apr 2008129491110.3110.45$19,363
Mar 2008128521101.909.66$18,078
Feb 200813042192.538.77$15,721
Jan 200821031690.388.21$21,573
Dec 200722146588.337.30$22,916
Nov 200713058591.677.29$16,183
Oct 200722757782.856.92$22,801
Sep 200712645775.846.24$12,409
Aug 200713145969.066.39$11,979
Jul 200712851370.906.39$12,352
Jun 200713038162.007.55$10,936
May 200713459458.747.85$12,532
Apr 200713264659.617.81$12,911
Mar 200729061156.927.30$20,968
Feb 2007048455.108.22$3,977
Jan 200713658350.306.73$10,763
Dec 200619860556.656.92$15,402
Nov 20066758154.207.62$8,057
Oct 200613540554.906.01$9,847
Sep 200613139860.085.04$9,875
Aug 200612842068.717.34$11,878
Jul 200613240969.376.34$11,751
Jun 200613135466.286.38$10,943
May 200613432366.016.42$10,921
Apr 200621441064.397.36$16,797
Mar 200615229556.707.08$10,708
Feb 200613039057.597.75$10,510
Jan 200620050060.598.93$16,585
Dec 200521240654.9413.42$17,094
Nov 200514432754.6910.59$11,338
Oct 200529434458.3413.80$21,898
Sep 20056837761.4512.08$8,732
Aug 2005598261.519.80$4,432
Jul 2005677555.697.84$4,320
Jun 2005647052.337.38$3,866
May 20055812945.226.65$3,481
Apr 2005668649.207.36$3,880
Mar 2005676750.377.15$3,854
Feb 200558045.226.31$2,623
Jan 20051305343.166.32$5,946
Dec 200408339.866.75$560
Nov 2004659245.286.33$3,526
Oct 20046110549.706.52$3,716
Sep 2004587543.245.28$2,904
Aug 2004629742.375.55$3,165
Jul 20046010138.286.08$2,911
Jun 20046410436.106.43$2,979
May 20046711437.486.49$3,252
Apr 20046613534.475.86$3,066
Mar 2004679934.365.53$2,850
Feb 20045311232.455.51$2,337
Jan 2004666632.036.30$2,530
Dec 20036712730.266.30$2,828
Nov 20036610028.804.60$2,360
Oct 2003805428.174.76$2,511
Sep 2003675826.314.75$2,038
Aug 200313311429.765.13$4,543
Jul 200310112329.415.17$3,606
Jun 200313411628.565.98$4,521
May 200313412926.595.97$4,334
Apr 200314313026.675.41$4,517
Mar 200314515031.146.10$5,430
Feb 20031539433.487.93$5,867
Jan 20037712730.315.58$3,043
Dec 20021288726.914.85$3,867
Nov 2002708324.664.14$2,070
Oct 20025611026.464.23$1,947
Sep 20026812027.443.64$2,302
Aug 20026214625.963.16$2,071
Jul 20026813524.583.06$2,085
Jun 2002589123.733.34$1,680
May 20026636224.663.58$2,925
Apr 2002657023.653.51$1,783
Mar 2002668022.003.10$1,700
Feb 20026610918.222.38$1,461
Jan 2002668617.172.38$1,338
Dec 200109516.932.36$225
Nov 2001547318.072.41$1,151
Oct 20016710419.782.53$1,588
Sep 2001672224.262.25$1,675
Aug 200164224.873.05$1,598
Jul 20016315923.933.20$2,016
Jun 20016815924.563.82$2,278
May 20016725025.524.31$2,787
Apr 20016623924.685.34$2,904
Mar 20016425624.545.38$2,947
Feb 2001677327.755.77$2,280
Jan 20016538227.478.40$4,994
Dec 20006539526.889.12$5,351
Nov 20006829232.215.66$3,842
Oct 20006733831.235.15$3,832
Sep 20006735631.875.19$3,982
Aug 20006842429.644.54$3,941
Jul 20006552828.534.09$4,014
Jun 20006565229.304.40$4,772
May 20006646427.263.68$3,507
Apr 20006726124.513.12$2,455
Mar 20006412928.422.86$2,188
Feb 20006514227.622.73$2,182
Jan 200009225.272.48$228
Dec 19995810624.282.42$1,665
Nov 1999668723.192.43$1,742
Oct 1999681,25820.982.80$4,954
Sep 19996214521.752.62$1,728
Aug 19996412119.262.88$1,581
Jul 19996710517.892.37$1,448
Jun 19996514215.942.36$1,372
May 19996810615.792.32$1,320
Apr 19996710315.102.21$1,239
Mar 19996810412.471.84$1,039
Feb 1999631049.981.82$818
Jan 19996710410.381.90$893
Dec 1998701049.201.77$828
Nov 19986710410.892.19$957
Oct 19986710412.421.97$1,037
Sep 19986410412.592.08$1,022
Aug 19986310411.301.91$910
Jul 1998010411.742.24$233
Jun 19986110411.242.24$918
May 19986410412.622.21$1,037
Apr 19986810413.042.51$1,147
Mar 19986510412.802.31$1,072
Feb 19986810413.952.30$1,188
Jan 19986510614.702.15$1,184
Dec 19976610716.322.41$1,335
Nov 19977110618.193.09$1,619
Oct 19976810619.253.15$1,643
Sep 19976910617.742.95$1,537
Aug 19976310417.862.55$1,391
Jul 19976710517.582.25$1,414
Jun 19976910817.242.26$1,433
May 199713610518.972.31$2,822
Apr 199707517.882.08$156
Mar 19977010718.951.94$1,534
Feb 199710710420.492.21$2,422
Jan 19977010423.483.54$2,012
Dec 19966810623.32$1,586
Nov 19966814421.97$1,494
Oct 19966910723.31$1,608
Sep 19966810522.22$1,511
Aug 19966810620.26$1,378
Jul 19966811019.55$1,329
Jun 19966710718.73$1,255
May 19966710419.43$1,302
Apr 199613211121.51$2,839
Mar 19966710719.38$1,298
Feb 19966811016.98$1,155
Jan 19967011717.07$1,195
Dec 1995659217.19$1,117
Nov 1995717016.00$1,136
Oct 1995676215.43$1,034
Sep 19956614416.18$1,068
Aug 19956512615.92$1,035
Jul 1995658615.24$991
Jun 19956613016.41$1,083
May 1995638717.56$1,106
Apr 1995667017.73$1,170
Mar 199513512716.44$2,219
Feb 19956711316.58$1,111
Jan 19956713615.92$1,067
Dec 19946710715.03$1,007
Nov 19946912915.90$1,097
Oct 199413613415.58$2,119
Sep 199413613215.29$2,079
Aug 199412013016.13$1,936
Jul 19946412917.56$1,124
Jun 199412411917.09$2,119
May 1994687015.88$1,080
Apr 199413213314.14$1,866
Mar 199413013812.46$1,620
Feb 199413812312.50$1,725
Jan 19946915812.66$874
Dec 19936916212.33$851
Nov 19937016614.49$1,014
Oct 199313518015.85$2,140
Sep 19936715215.03$1,007
Aug 199313122015.66$2,051
Jul 199312516515.46$1,933
Jun 199313023116.79$2,183
May 199325716717.68$4,544
Apr 1993645418.05$1,155
Mar 1993685118.14$1,234
Feb 1993674317.90$1,199
Jan 1993684716.93$1,151

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                   53 bbl  × $106.41 =     $5,640
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $5,640

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/369 is the state's own key, not one this site invented.