WHEAT

Operated by EXXCEL PRODUCTION COMPANY (P-5 257092) 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 502District 10Field 68873001OilCasinghead gasSave
Value, all time
$10.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$279 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
OilDisposition186,763 bbl$9,785,177
Casinghead gasProduction288,506 Mcf$886,416
Total$10,671,592

60,021 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 (10)

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 35.2358, -100.8945. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles. 1 well has no surveyed location and is left out of it.

35.23619, -100.89544 · centre of 9 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 10 wells
With a plug date
0.0%
0 of 10 wells
Median depth
2,991 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
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.
10100.0%

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, 2 of 10 wells. Median 2,991 ft, with the middle half between 2,980 and 3,003 ft; the shallowest is 2,968 ft and the deepest 3,014 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

90s
00s
10s

Last completion by decade, 2 of 10 wells, Oct 1990 – Dec 2012. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 1990 – Dec 2012
2 of 10 wells; 8 filed none

10 wells

42-179000701
42-179825042
42-179825053
42-179825064
42-179825075
42-179825086
42-179825108
42-179825119
42-17932601102,968 ftDec 2012
42-1798250973,014 ftOct 1990

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 2026331690106.413.05$37,323
Apr 202633559998.932.87$34,861
Mar 202619756489.753.15$19,457
Feb 202633674463.503.75$24,126
Jan 202613050759.138.00$11,742
Dec 202533471656.664.41$22,084
Nov 202534964458.593.93$22,977
Oct 202520064659.383.30$14,011
Sep 202532765162.743.08$22,519
Aug 202530551363.933.01$21,045
Jul 202535140666.743.32$24,772
Jun 202533053866.483.13$23,622
May 202521052460.553.23$14,409
Apr 202520149262.363.54$14,278
Mar 202533641967.704.27$24,536
Feb 202517538870.884.34$14,088
Jan 202534051674.324.28$27,477
Dec 202415854368.993.12$12,595
Nov 202436217269.052.20$25,374
Oct 202433457671.372.28$25,152
Sep 202433562169.612.36$24,788
Aug 202434160575.632.06$27,038
Jul 202434261179.932.15$28,648
Jun 202432949978.082.63$27,003
May 202433050078.812.20$27,107
Apr 202433649484.451.66$29,195
Mar 202433051080.301.55$27,287
Feb 202425848176.091.78$20,489
Jan 202417246073.023.30$14,076
Dec 202331650771.262.61$23,842
Nov 202332162077.892.81$26,743
Oct 202332957485.443.09$29,882
Sep 202319555389.042.74$18,875
Aug 202333261580.522.67$28,376
Jul 202347689674.852.64$37,996
Jun 202332757268.962.26$23,842
May 202332361270.622.23$24,173
Apr 202318570278.122.24$16,023
Mar 202332862472.852.39$25,388
Feb 202332648875.112.47$25,689
Jan 202317354176.533.39$15,072
Dec 202240049376.415.73$33,388
Nov 202217054785.005.65$17,538
Oct 202216149387.185.86$16,927
Sep 202249761984.888.16$47,239
Aug 202215735294.529.13$18,052
Jul 2022152220101.587.54$17,099
Jun 2022400565115.097.98$50,543
May 2022392703109.378.43$48,801
Apr 2022409612104.226.84$46,811
Mar 2022385650108.885.08$45,218
Feb 202225254891.054.86$25,607
Jan 202221156881.844.54$19,846
Dec 202141363071.323.90$31,912
Nov 202141666777.435.24$35,704
Oct 202124470779.795.71$23,508
Sep 202155468369.865.35$42,357
Aug 202142982466.024.22$31,800
Jul 202137073470.783.98$29,111
Jun 202121770969.493.38$17,476
May 202136970663.483.02$25,555
Apr 202125395860.362.76$17,914
Mar 202139568161.302.72$26,064
Feb 20218837357.805.55$7,156
Jan 202141764350.412.81$22,828
Dec 202024464944.642.68$12,629
Nov 202040654838.772.71$17,224
Oct 202041262936.972.48$16,791
Sep 202025633537.091.99$10,162
Aug 202042236739.982.39$17,747
Jul 202043368738.371.83$17,868
Jun 202017053434.901.69$6,836
May 202029238716.921.81$5,643
Apr 202035958614.751.80$6,353
Mar 202014650630.341.86$5,369
Feb 202028148149.881.98$14,969
Jan 202031460357.252.09$19,240
Dec 201944256259.012.30$27,377
Nov 201917058855.302.75$11,018
Oct 201932634253.472.42$18,258
Sep 201916361955.052.66$10,618
Aug 201927765853.112.30$16,228
Jul 201946664756.272.46$27,813
Jun 201931457852.782.49$18,013
May 201934066158.482.74$21,695
Apr 201953047962.632.75$34,511
Mar 201918357456.803.06$12,152
Feb 201934546150.852.79$18,830
Jan 201933850146.033.23$17,175
Dec 201846258746.594.19$23,981
Nov 201836854752.934.24$21,796
Oct 201828061861.443.40$19,303
Sep 201836870159.543.11$24,089
Aug 201851872359.403.07$32,986
Jul 201851071565.142.93$35,318
Jun 201835868660.183.08$23,655
May 201836781565.382.90$26,359
Apr 201852064663.842.90$35,071
Mar 201850560761.222.79$32,608
Feb 201837751561.782.77$24,716
Jan 201854958362.874.01$36,853
Dec 201738368857.272.92$23,944
Nov 201756467355.423.12$33,356
Oct 201738463649.292.98$20,825
Sep 201755863447.523.09$28,474
Aug 201725358745.373.00$13,242
Jul 201750269243.873.09$24,159
Jun 201736380342.493.09$17,903
May 201752745945.373.26$25,408
Apr 201746170247.933.21$24,350
Mar 201718565346.772.98$10,601
Feb 201736567750.452.95$20,413
Jan 201745279749.413.42$25,058
Dec 20163259348.763.72$16,193
Nov 201652280242.492.64$24,301
Oct 201655159646.193.09$27,292
Sep 201635978041.553.10$17,335
Aug 201644442041.442.92$19,628
Jul 201636263541.622.92$16,923
Jun 201644340245.352.69$21,170
May 201636520742.521.99$15,932
Apr 201636531636.561.99$13,974
Mar 201645376733.011.79$16,330
Feb 201656769626.472.06$16,445
Jan 201630155127.352.36$9,535
Dec 201546066332.362.00$16,213
Nov 201518882938.792.17$9,089
Oct 201560882243.552.43$28,473
Sep 201550170442.992.76$23,480
Aug 201529976540.162.87$14,205
Jul 201574576748.152.95$38,131
Jun 201564557856.152.88$37,883
May 201519775155.212.96$13,096
Apr 201536585249.822.71$20,490
Mar 201587285042.892.93$39,895
Feb 201565479944.662.98$31,586
Jan 201546973543.433.10$22,648
Dec 201472487154.693.59$42,724
Nov 201454386170.464.25$41,921
Oct 201435354278.303.90$29,754
Sep 201453491686.164.05$49,715
Aug 201488390289.394.04$82,571
Jul 201465088596.564.18$66,463
Jun 201451092498.164.74$54,438
May 20141,03888094.734.73$102,489
Apr 201481222795.944.81$78,995
Mar 20145321,02195.895.06$56,176
Feb 201472084597.406.19$75,360
Jan 201479997390.404.86$76,959
Dec 201362583691.824.35$61,028
Nov 201363286388.853.74$59,379
Oct 201362187297.423.78$63,793
Sep 20138191,040104.113.72$89,133
Aug 20137751,014104.253.52$84,366
Jul 20137161,123102.523.72$77,579
Jun 201389399094.403.93$88,193
May 201377672794.834.15$76,604
Apr 201363492593.964.28$63,532
Mar 20131,3291,02793.623.91$128,440
Feb 201363674991.233.42$60,584
Jan 20131,10377691.603.42$103,689
Dec 201265173186.773.42$58,987
Nov 201244472186.953.62$41,219
Oct 201253569489.383.40$50,178
Sep 201249267694.672.92$48,550
Aug 201271567992.662.91$68,227
Jul 201256469285.133.02$50,104
Jun 201255863379.822.52$46,134
May 201274257091.612.49$69,393
Apr 2012537651101.652.00$55,886
Mar 2012473392105.052.22$50,560
Feb 2012389575101.102.57$40,806
Jan 201259064498.092.73$59,634
Dec 201164347096.873.24$63,810
Nov 201141361195.723.31$41,556
Oct 201172859484.983.65$64,033
Sep 201146936083.623.99$40,653
Aug 201145861283.404.15$40,737
Jul 201167279794.144.52$66,862
Jun 201170041192.904.64$66,937
May 201149559098.134.40$51,173
Apr 2011574293105.964.33$62,091
Mar 201162769596.364.06$63,238
Feb 201144227385.644.18$38,994
Jan 201153358786.504.59$48,798
Dec 201032448085.734.35$29,863
Nov 2010671080.843.80$54,244
Oct 2010707978.103.51$55,248
Sep 201067677372.633.98$52,174
Aug 201087346873.684.42$66,391
Jul 201030938172.554.74$24,223
Jun 201086863770.364.91$64,200
May 201085884571.124.24$64,600
Apr 201070177981.694.12$60,476
Mar 201095383878.394.39$78,383
Feb 201091858273.585.44$70,714
Jan 201076868274.365.96$61,176
Dec 200973967471.445.48$56,490
Nov 200943064574.593.75$34,493
Oct 20092247672.544.11$16,561
Sep 200957847465.543.06$39,335
Aug 200959271867.423.22$42,224
Jul 200967174961.133.46$43,613
Jun 200934178566.163.90$25,618
May 200974682054.743.93$44,055
Apr 200950570646.773.59$26,152
Mar 200972759142.144.06$33,035
Feb 200931235632.814.63$11,886
Jan 200959048435.865.37$23,757
Dec 200816646637.105.98$8,944
Nov 200833347955.496.86$21,764
Oct 200847653675.246.92$39,524
Sep 2008309599101.767.88$36,162
Aug 2008537524114.228.48$65,781
Jul 2008470589131.0811.39$68,316
Jun 2008873551131.3313.03$121,832
May 2008550344123.1711.57$71,725
Apr 20085640110.3110.45$62,215
Mar 20085151101.909.66$52,488
Feb 200869552392.538.77$68,895
Jan 200843741990.388.21$42,934
Dec 200755857288.337.30$53,465
Nov 200740768291.677.29$42,283
Oct 200777272482.856.92$68,972
Sep 200735777575.846.24$31,914
Aug 200753964469.066.39$41,337
Jul 200761947770.906.39$46,934
Jun 200728538362.007.55$20,561
May 200729347558.747.85$20,938
Apr 200729938259.617.81$20,805
Mar 200715535056.927.30$11,378
Feb 200714943055.108.22$11,743
Jan 200731837050.306.73$18,484
Dec 200661152956.656.92$38,273
Nov 200628637754.207.62$18,373
Oct 200645359754.906.01$28,460
Sep 200630554860.085.04$21,085
Aug 200683155768.717.34$61,186
Jul 200614947469.376.34$13,343
Jun 200669264766.286.38$49,996
May 200628243066.016.42$21,378
Apr 200652331264.397.36$35,972
Mar 200615116556.707.08$9,730
Feb 200650651657.597.75$33,140
Jan 200614844060.598.93$12,898
Dec 200552025954.9413.42$32,043
Nov 200514719454.6910.59$10,094
Oct 200551035858.3413.80$34,692
Sep 200540824961.4512.08$28,079
Aug 200564657561.519.80$45,369
Jul 200522343855.697.84$15,854
Jun 200528422552.337.38$16,522
May 20053916045.226.65$18,080
Apr 200513322249.207.36$8,178
Mar 200530019250.377.15$16,485
Feb 200547714645.226.31$22,491
Jan 2005424443.166.32$2,091
Dec 200440922739.866.75$17,835
Nov 200455713545.286.33$26,076
Oct 200439734449.706.52$21,972
Sep 200407143.245.28$375
Aug 20044217142.375.55$18,232
Jul 20042397938.286.08$9,630
Jun 200461951936.106.43$25,685
May 200460532737.486.49$24,799
Apr 200425681234.475.86$13,581
Mar 200460642734.365.53$23,184
Feb 200425930532.455.51$10,085
Jan 200432928732.036.30$12,346
Dec 200373950030.266.30$25,513
Nov 200358946628.804.60$19,105
Oct 200361443328.174.76$19,357
Sep 200342935726.314.75$12,983
Aug 200361462729.765.13$21,489
Jul 200345339229.415.17$15,350
Jun 200361657428.565.98$21,027
May 200342654026.595.97$14,553
Apr 200359471026.675.41$19,681
Mar 200325753731.146.10$11,277
Feb 200363665233.487.93$26,461
Jan 200326233130.315.58$9,789
Dec 200246158126.914.85$15,226
Nov 200227451424.664.14$8,883
Oct 200261960826.464.23$18,950
Sep 200226051527.443.64$9,007
Aug 200244464125.963.16$13,554
Jul 200226051424.583.06$7,965
Jun 200243666823.733.34$12,576
May 200225268324.663.58$8,662
Apr 200260969623.653.51$16,847
Mar 200229077022.003.10$8,769
Feb 200234542718.222.38$7,300
Jan 200252068517.172.38$10,556
Dec 200130270116.932.36$6,770
Nov 200171667718.072.41$14,567
Oct 200124673819.782.53$6,732
Sep 200149979824.262.25$13,902
Aug 200129625224.873.05$8,131
Jul 200120442323.933.20$6,234
Jun 20013821,16424.563.82$13,833
May 200149277425.524.31$15,890
Apr 200129585924.685.34$11,864
Mar 20017051,16724.545.38$23,575
Feb 200130180427.755.77$12,989
Jan 20012951,06827.478.40$17,074
Dec 200068591726.889.12$26,778
Nov 200020186532.215.66$11,368
Oct 20006801,08731.235.15$26,830
Sep 200018792131.875.19$10,736
Aug 20006771,06629.644.54$24,907
Jul 20004661,08828.534.09$17,745
Jun 20003911,03129.304.40$15,990
May 20003741,08127.263.68$14,173
Apr 20003711,03624.513.12$12,321
Mar 20005691,16228.422.86$19,494
Feb 20003801,24327.622.73$13,885
Jan 20006271,02325.272.48$18,382
Dec 19994641,07824.282.42$13,879
Nov 19995561,41023.192.43$16,326
Oct 19997581,00220.982.80$18,712
Sep 19995501,18121.752.62$15,055
Aug 19997341,38619.262.88$18,122
Jul 19993781,26617.892.37$9,766
Jun 19995651,50115.942.36$12,552
May 199972892315.792.32$13,637
Apr 199954099315.102.21$10,347
Mar 199945284912.471.84$7,197
Feb 19991897639.981.82$3,273
Jan 199948995710.381.90$6,894
Dec 19983807999.201.77$4,913
Nov 19983791,13110.892.19$6,599
Oct 19983761,37112.421.97$7,370
Sep 19985621,00912.592.08$9,177
Aug 19987721,25411.301.91$11,115
Jul 199837197811.742.24$6,544
Jun 19987151,07611.242.24$10,444
May 199869097412.622.21$10,857
Apr 19983141,18813.042.51$7,071
Mar 199837089412.802.31$6,801
Feb 199846293313.952.30$8,590
Jan 19984511,27914.702.15$9,386
Dec 199747598616.322.41$10,129
Nov 19976981,50718.193.09$17,351
Oct 19975451,31019.253.15$14,618
Sep 19977941,55117.742.95$18,669
Aug 19972811,44817.862.55$8,718
Jul 19979991,65617.582.25$21,283
Jun 199750964117.242.26$10,222
May 19975421,05118.972.31$12,708
Apr 199754756217.882.08$10,951
Mar 199740380518.951.94$9,198
Feb 199769596020.492.21$16,358
Jan 199751797823.483.54$15,601
Dec 19966321,04023.32$14,738
Nov 19966671,15721.97$14,654
Oct 19966511,73523.31$15,175
Sep 199633663222.22$7,466
Aug 19965131,16720.26$10,393
Jul 19965041,29119.55$9,853
Jun 19965011,18818.73$9,384
May 199670278919.43$13,640
Apr 199634461321.51$7,399
Mar 19966721,37219.38$13,023
Feb 19967141,37516.98$12,124
Jan 19965461,27017.07$9,320
Dec 19951,2201,85517.19$20,972
Nov 19958261,56716.00$13,216
Oct 19955431,66215.43$8,378
Sep 199536438516.18$5,890
Aug 19955451,52515.92$8,676
Jul 19954722,05115.24$7,193
Jun 19954621,59316.41$7,581
May 19952911,47217.56$5,110
Apr 19955451,26817.73$9,663
Mar 19955551,24816.44$9,124
Feb 19953621,09316.58$6,002
Jan 19956361,13115.92$10,125
Dec 19945321,22515.03$7,996
Nov 199419363915.90$3,069
Oct 19945371,05915.58$8,366
Sep 19943671,00315.29$5,611
Aug 199472669216.13$11,710
Jul 19942291,12117.56$4,021
Jun 19945891,10017.09$10,066
May 19945391,22915.88$8,559
Apr 199448785114.14$6,886
Mar 19944861,16012.46$6,056
Feb 19944651,19912.50$5,813
Jan 19945931,27412.66$7,507
Dec 19935191,39712.33$6,399
Nov 19936511,37214.49$9,433
Oct 19936531,47815.85$10,350
Sep 19936661,45115.03$10,010
Aug 19935021,50515.66$7,861
Jul 19937561,46415.46$11,688
Jun 19936951,54116.79$11,669
May 19935721,55617.68$10,113
Apr 19937001,55818.05$12,635
Mar 19936521,40518.14$11,827
Feb 19936321,05317.90$11,313
Jan 19935921,21016.93$10,023

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                  331 bbl  × $106.41 =    $35,222
Casinghead gas       690 Mcf  × $  3.05 =     $2,102

────────────────────────────────────────────────────
Month total                                  $37,323

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/502 is the state's own key, not one this site invented.