PALMER

Operated by PONDEROSA TX OPERATING LLC (P-5 670097) 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 488District 10Field 68873001OilCasinghead gasSave
Value, all time
$7.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$100 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition163,116 bbl$5,922,323
Casinghead gasProduction342,958 Mcf$1,072,553
Total$6,994,876

79,441 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 (8)

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 35.4444, -100.8521. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

35.44452, -100.85234 · 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
0.0%
0 of 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
3,172 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
8100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 3 of 8 wells. Median 3,172 ft, with the middle half between 3,164 and 3,176 ft; the shallowest is 3,155 ft and the deepest 3,180 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

70s
80s
90s

Last completion by decade, 2 of 8 wells, Mar 1978 – Nov 1996. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Mar 1978 – Nov 1996
2 of 8 wells; 6 filed none

8 wells

42-17932263103,180 ft
42-179824712
42-179824724
42-179824735
42-179824746
42-179824757
42-17932217113,172 ftNov 1996
42-1793058793,155 ftMar 1978

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 20269347798.932.87$10,569
Mar 20268898889.753.15$11,010
Feb 20269562663.503.75$8,380
Jan 20268754859.138.00$9,527
Dec 20259379856.664.41$8,791
Nov 20258554958.593.93$7,136
Oct 20258588959.383.30$7,985
Sep 2025859262.743.08$5,616
Aug 20258983963.933.01$8,219
Jul 202518147066.743.32$13,638
Jun 20259284466.483.13$8,757
May 202517094760.553.23$13,355
Apr 20259190662.363.54$8,885
Mar 20258238267.704.27$7,182
Feb 20259047670.884.34$8,445
Jan 202517664874.324.28$15,853
Dec 20248574768.993.12$8,196
Nov 20249124669.052.20$6,824
Oct 202413579271.372.28$11,442
Sep 20248478169.612.36$7,694
Aug 202417384775.632.06$14,832
Jul 20249153079.932.15$8,411
Jun 20248590578.082.63$9,021
May 20248590578.812.20$8,688
Apr 20248563184.451.66$8,225
Mar 20249169180.301.55$8,375
Feb 202417278976.091.78$14,495
Jan 20248351273.023.30$7,749
Dec 20239571371.262.61$8,631
Nov 20238674077.892.81$8,776
Oct 202316480885.443.09$16,507
Sep 20239277689.042.74$10,314
Aug 20239289980.522.67$9,811
Jul 20232351,04674.852.64$20,353
Jun 2023045068.962.26$1,016
May 20231821,13970.622.23$15,390
Apr 20231701,06478.122.24$15,661
Mar 202317089072.852.39$14,514
Feb 202316971675.112.47$14,459
Jan 20238376876.533.39$8,954
Dec 202215456976.415.73$15,027
Nov 20221777685.005.65$15,474
Oct 202217376487.185.86$19,562
Sep 202212072384.888.16$16,088
Aug 202217990094.529.13$25,134
Jul 2022186866101.587.54$25,425
Jun 202228948115.097.98$10,785
May 2022178956109.378.43$27,530
Apr 2022179939104.226.84$25,076
Mar 2022951,027108.885.08$15,557
Feb 202217265891.054.86$18,858
Jan 202218767881.844.54$18,381
Dec 2021274771.323.90$3,055
Nov 202118495277.435.24$19,233
Oct 2021901,08879.795.71$13,398
Sep 202117997769.865.35$17,733
Aug 2021911,19566.024.22$11,051
Jul 20211611,05970.783.98$15,613
Jun 202118083269.493.38$15,321
May 20219174363.483.02$8,019
Apr 202117179760.362.76$12,520
Mar 202117979261.302.72$13,125
Feb 202118137457.805.55$12,537
Jan 202117681750.412.81$11,168
Dec 202017676344.642.68$9,898
Nov 20208971338.772.71$5,380
Oct 202017464536.972.48$8,031
Sep 202016981937.091.99$7,899
Aug 202021094339.982.39$10,645
Jul 202017383538.371.83$8,162
Jun 202044483934.901.69$16,914
May 2020059816.921.81$1,085
Apr 20208566114.751.80$2,446
Mar 202024677630.341.86$8,904
Feb 202017016249.881.98$8,800
Jan 202016972757.252.09$11,198
Dec 201917875259.012.30$12,237
Nov 201923966855.302.75$15,054
Oct 201916529253.472.42$9,529
Sep 201923881855.052.66$15,276
Aug 201924272653.112.30$14,526
Jul 201932741556.272.46$19,421
Jun 201917770352.782.49$11,093
May 20199066958.482.74$7,096
Apr 201926550462.632.75$17,983
Mar 2019059156.803.06$1,810
Feb 20199253050.852.79$6,158
Jan 20199654946.033.23$6,191
Dec 20189171246.594.19$7,220
Nov 20188746352.934.24$6,567
Oct 20189077461.443.40$8,160
Sep 20188575259.543.11$7,398
Aug 20188551959.403.07$6,641
Jul 201817071265.142.93$13,161
Jun 20188668160.183.08$7,271
May 20188574865.382.90$7,727
Apr 201817563663.842.90$13,017
Mar 201825554061.222.79$17,116
Feb 20184952761.782.77$4,485
Jan 20189246962.874.01$7,664
Dec 2017052857.272.92$1,543
Nov 20178766755.423.12$6,901
Oct 201718076749.292.98$11,161
Sep 20179071447.523.09$6,481
Aug 20177765245.373.00$5,452
Jul 201715469743.873.09$8,908
Jun 20177868042.493.09$5,414
May 20177734045.373.26$4,603
Apr 20177270147.933.21$5,702
Mar 201714172346.772.98$8,752
Feb 201714469950.452.95$9,329
Jan 20177571849.413.42$6,160
Dec 20167754548.763.72$5,783
Nov 201615459142.492.64$8,106
Oct 20167754446.193.09$5,238
Sep 20167764841.553.10$5,209
Aug 201615459441.442.92$8,119
Jul 20167855241.622.92$4,861
Jun 201615449945.352.69$8,324
May 20167413242.521.99$3,409
Apr 201614830736.561.99$6,022
Mar 201612867533.011.79$5,436
Feb 20167764026.472.06$3,359
Jan 201611949827.352.36$4,432
Dec 2015066032.362.00$1,321
Nov 20157659738.792.17$4,242
Oct 2015062343.552.43$1,512
Sep 201514973642.992.76$8,436
Aug 20157577940.162.87$5,250
Jul 20157172348.152.95$5,548
Jun 201523061256.152.88$14,679
May 2015076255.212.96$2,252
Apr 201514760449.822.71$8,958
Mar 20157777342.892.93$5,571
Feb 201514662744.662.98$8,386
Jan 20157053343.433.10$4,693
Dec 201421364054.693.59$13,947
Nov 20147669570.464.25$8,310
Oct 201415450878.303.90$14,040
Sep 201422078186.164.05$22,115
Aug 20146667689.394.04$8,627
Jul 201419676196.564.18$22,106
Jun 20146963298.164.74$9,767
May 201411585294.734.73$14,921
Apr 201412959195.944.81$15,218
Mar 201412665995.895.06$15,415
Feb 201413757597.406.19$16,904
Jan 20146679790.404.86$9,840
Dec 201318257691.824.35$19,219
Nov 20136875588.853.74$8,864
Oct 20136882997.423.78$9,758
Sep 2013138771104.113.72$17,234
Aug 2013119631104.253.52$14,629
Jul 2013131591102.523.72$15,627
Jun 20136851494.403.93$8,441
May 201312570994.834.15$14,795
Apr 201320876093.964.28$22,798
Mar 201313672893.623.91$15,581
Feb 20136457691.233.42$7,809
Jan 201319168091.603.42$19,821
Dec 201212977686.773.42$13,847
Nov 201210885186.953.62$12,475
Oct 201233392889.383.40$32,918
Sep 201211490094.672.92$13,419
Aug 201220890392.662.91$21,899
Jul 201232888885.133.02$30,605
Jun 201221787679.822.52$19,528
May 201222171391.612.49$22,020
Apr 2012339843101.652.00$36,143
Mar 2012338851105.052.22$37,398
Feb 2012214680101.102.57$23,383
Jan 201242880098.092.73$44,170
Dec 201111171896.873.24$13,079
Nov 201120977195.723.31$22,558
Oct 201131292184.983.65$29,874
Sep 201121585583.623.99$21,386
Aug 201129789683.404.15$28,488
Jul 201131289894.144.52$33,428
Jun 201132480492.904.64$33,830
May 201143989198.134.40$47,004
Apr 2011335448105.964.33$37,438
Mar 201122291896.364.06$25,117
Feb 201144363485.644.18$40,589
Jan 201121988386.504.59$22,995
Dec 201011285285.734.35$13,306
Nov 201023241380.843.80$20,322
Oct 201034195678.103.51$29,987
Sep 201022195972.633.98$19,868
Aug 201033964173.684.42$27,810
Jul 201034459672.554.74$27,780
Jun 201022395170.364.91$20,360
May 20103281,03171.124.24$27,694
Apr 20102241,01781.694.12$22,491
Mar 201050998178.394.39$44,206
Feb 201020180673.585.44$19,176
Jan 201020285374.365.96$20,108
Dec 200920787371.445.48$19,575
Nov 20092831,05474.593.75$25,063
Oct 20095301,07472.544.11$42,861
Sep 200921398665.543.06$16,982
Aug 20094181,23067.423.22$32,140
Jul 20093211,31361.133.46$24,172
Jun 20092141,29266.163.90$19,191
May 20093181,31054.743.93$22,550
Apr 20093231,21446.773.59$19,462
Mar 20093201,12942.144.06$18,067
Feb 200941898932.814.63$18,297
Jan 20094381,15935.865.37$21,932
Dec 20083271,23337.105.98$19,502
Nov 20083321,24155.496.86$26,936
Oct 20082211,31675.246.92$25,737
Sep 20084201,310101.767.88$53,058
Aug 20083191,029114.228.48$45,165
Jul 20084341,474131.0811.39$73,677
Jun 20082981,167131.3313.03$54,345
May 20085241,336123.1711.57$80,004
Apr 2008205686110.3110.45$29,786
Mar 2008437621101.909.66$50,532
Feb 200833075192.538.77$37,122
Jan 200837977290.388.21$40,589
Dec 200733275488.337.30$34,831
Nov 200733980391.677.29$36,931
Oct 200750074082.856.92$46,547
Sep 200729570675.846.24$26,781
Aug 200729669169.066.39$24,856
Jul 20077778170.906.39$10,448
Jun 200729563062.007.55$23,046
May 200718169958.747.85$16,116
Apr 200744070959.617.81$31,762
Mar 200732985756.927.30$24,984
Feb 200710636555.108.22$8,839
Jan 200727421450.306.73$15,222
Dec 200619312656.656.92$11,805
Nov 200640841754.207.62$25,290
Oct 200640022154.906.01$23,289
Sep 20067656560.085.04$7,412
Aug 200617557068.717.34$16,208
Jul 200619350469.376.34$16,585
Jun 200644949466.286.38$32,913
May 200613362166.016.42$12,769
Apr 200627250364.397.36$21,216
Mar 200624450056.707.08$17,376
Feb 200627941357.597.75$19,269
Jan 200653171560.598.93$38,561
Dec 200539056454.9413.42$28,993
Nov 2005140054.6910.59$7,657
Oct 200524058.3413.80$1,400
Sep 200545061.4512.08$2,765
Aug 20055724961.519.80$5,945
Jul 200530578155.697.84$23,111
Jun 200532176652.337.38$22,452
May 200535975345.226.65$21,242
Apr 200539165649.207.36$24,066
Mar 200536652150.377.15$22,163
Feb 200534348545.226.31$18,572
Jan 200554145243.166.32$26,207
Dec 200442836739.866.75$19,538
Nov 200426166545.286.33$16,028
Oct 200455063249.706.52$31,453
Sep 200446679443.245.28$24,345
Aug 200440331742.375.55$18,835
Jul 200449763738.286.08$22,901
Jun 200444956136.106.43$19,818
May 200441770637.486.49$20,214
Apr 20044171234.475.86$14,444
Mar 200456524834.365.53$20,785
Feb 20044888932.455.51$16,326
Jan 200446718832.036.30$16,142
Dec 200361154630.266.30$21,930
Nov 200342663628.804.60$15,191
Oct 200353469228.174.76$18,336
Sep 200365648726.314.75$19,572
Aug 200352963729.765.13$19,011
Jul 200365776629.415.17$23,283
Jun 200356884528.565.98$21,278
May 200362232526.595.97$18,480
Apr 200372060426.675.41$22,468
Mar 200382483631.146.10$30,756
Feb 200378467133.487.93$31,567
Jan 20031,04478230.315.58$36,009
Dec 200283884426.914.85$26,647
Nov 200292089424.664.14$26,386
Oct 20021,06665926.464.23$30,993
Sep 20021,16882327.443.64$35,042
Aug 20021,47692725.963.16$41,250
Jul 20021,57885124.583.06$41,393
Jun 20021,54390323.733.34$39,630
May 20021,30460724.663.58$34,332
Apr 20021,19385423.653.51$31,214
Mar 20021,38478022.003.10$32,868
Feb 20021,46874718.222.38$28,522
Jan 20021,08876317.172.38$20,494
Dec 20011,00970016.932.36$18,737
Nov 20011,19762518.072.41$23,133
Oct 20011,45670319.782.53$30,577
Sep 200199064524.262.25$25,470
Aug 20011,37267624.873.05$36,186
Jul 20011,58767723.933.20$40,141
Jun 20011,42071224.563.82$37,598
May 20011,38264025.524.31$38,025
Apr 20011,55670124.685.34$42,142
Mar 20011,16646024.545.38$31,087
Feb 20011,24648127.755.77$37,350
Jan 20011,60054927.478.40$48,563
Dec 20001,21056626.889.12$37,688
Nov 20001,80070632.215.66$61,973
Oct 200065036131.235.15$22,157
Sep 20001,04957531.875.19$36,414
Aug 20001,46489029.644.54$47,434
Jul 20001,15857928.534.09$35,406
Jun 200072337729.304.40$22,842
May 20001,16980627.263.68$34,833
Apr 200076582224.513.12$21,312
Mar 200072682928.422.86$23,004
Feb 20001,15257227.622.73$33,378
Jan 200082861825.272.48$22,457
Dec 19997131,00624.282.42$19,750
Nov 19999621,20223.192.43$25,234
Oct 19999381,26820.982.80$23,234
Sep 19999071,19921.752.62$22,867
Aug 19998911,24919.262.88$20,752
Jul 19995961,27017.892.37$13,675
Jun 19999151,21315.942.36$17,450
May 19997551,05615.792.32$14,372
Apr 19999361,06015.102.21$16,474
Mar 199991292312.471.84$13,069
Feb 19997416499.981.82$8,575
Jan 199979367910.381.90$9,521
Dec 19984589969.201.77$5,980
Nov 19986541,19410.892.19$9,732
Oct 19989351,40512.421.97$14,379
Sep 19989331,00912.592.08$13,848
Aug 19986331,29611.301.91$9,625
Jul 19987871,33911.742.24$12,235
Jun 19989261,27311.242.24$13,256
May 19987841,45212.622.21$13,098
Apr 19981,0861,05713.042.51$16,810
Mar 19981,09476312.802.31$15,765
Feb 19981,10196813.952.30$17,585
Jan 19981,03674014.702.15$16,824
Dec 19971,13387416.322.41$20,598
Nov 19978261,08218.193.09$18,366
Oct 19979061,21719.253.15$21,274
Sep 19971,2311,21617.742.95$25,431
Aug 19973791,46117.862.55$10,501
Jul 19979611,46317.582.25$20,182
Jun 19977301,42217.242.26$15,795
May 199744496018.972.31$10,639
Apr 19974261,08417.882.08$9,875
Mar 19977371,22218.951.94$16,336
Feb 19978041,23520.492.21$19,198
Jan 19971,11496523.483.54$29,573
Dec 19965411,50723.32$12,616
Nov 19966311,73721.97$13,863
Oct 19964981,93423.31$11,608
Sep 19965261,80122.22$11,688
Aug 19965401,70820.26$10,940
Jul 19965511,66319.55$10,772
Jun 19967311,69418.73$13,692
May 19966041,76019.43$11,736
Apr 19965091,53321.51$10,949
Mar 19965351,46319.38$10,368
Feb 19967001,19216.98$11,886
Jan 199630891017.07$5,258
Dec 19955211,53517.19$8,956
Nov 19957161,74416.00$11,456
Oct 19959221,91315.43$14,226
Sep 19953151,69716.18$5,097
Aug 19958571,91115.92$13,643
Jul 19954621,47815.24$7,041
Jun 19958971,58716.41$14,720
May 19954721,88117.56$8,288
Apr 19957031,73617.73$12,464
Mar 19957041,41016.44$11,574
Feb 199551392216.58$8,506
Jan 19955281,00315.92$8,406
Dec 19947121,81815.03$10,701
Nov 19945801,69515.90$9,222
Oct 19948732,17815.58$13,601
Sep 19946932,07015.29$10,596
Aug 19946742,18316.13$10,872
Jul 19947611,98617.56$13,363
Jun 19947652,18717.09$13,074
May 19943532,43015.88$5,606
Apr 19944711,94314.14$6,660
Mar 19944501,48412.46$5,607
Feb 199435697412.50$4,450
Jan 19944531,31112.66$5,735
Dec 19934621,47212.33$5,696
Nov 19934401,67314.49$6,376
Oct 19934411,91315.85$6,990
Sep 19935271,45915.03$7,921
Aug 19935871,79715.66$9,192
Jul 19933642,07415.46$5,627
Jun 19934921,89016.79$8,261
May 19934691,82417.68$8,292
Apr 19936931,76018.05$12,509
Mar 19937091,46818.14$12,861
Feb 19935821,49017.90$10,418
Jan 199349064316.93$8,296

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.

Apr 2026 — as filed, then multipliedworked
Oil                   93 bbl  × $ 98.93 =     $9,200
Casinghead gas       477 Mcf  × $  2.87 =     $1,369

────────────────────────────────────────────────────
Month total                                  $10,569

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/488 is the state's own key, not one this site invented.