FAITH

Operated by LARGE OPERATING LLC (P-5 486623) 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 5441District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.0 M
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
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
OilDisposition2,758 bbl$127,290
Casinghead gasProduction206,515 Mcf$898,691
Total$1,025,981

5,601 Mcf of this lease's gas, across 6 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 (2)

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 35.4723, -101.0241. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

35.47226, -101.02412 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
3,506 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.
2100.0%

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 3,396 and 3,616 ft, median 3,506 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1981 – Jan 1984
2 of 2 wells

2 wells

42-1793146223,616 ftJan 1984
42-1793092813,396 ftApr 1981

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 2020260036.972.48$9,612
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 2019046252.782.49$1,151
May 2019088158.482.74$2,414
Apr 2019080262.632.75$2,206
Mar 2019081956.803.06$2,508
Feb 2019067650.852.79$1,888
Jan 2019076946.033.23$2,482
Dec 2018073146.594.19$3,060
Nov 2018073552.934.24$3,114
Oct 2018082361.443.40$2,797
Sep 2018086159.543.11$2,676
Aug 2018095459.403.07$2,926
Jul 2018090565.142.93$2,653
Jun 2018081160.183.08$2,495
May 2018088665.382.90$2,570
Apr 2018054063.842.90$1,566
Mar 2018069761.222.79$1,942
Feb 2018071361.782.77$1,972
Jan 2018065362.874.01$2,618
Dec 2017041757.272.92$1,218
Nov 2017069355.423.12$2,161
Oct 2017086449.292.98$2,578
Sep 2017088847.523.09$2,742
Aug 2017092645.373.00$2,782
Jul 2017098443.873.09$3,038
Jun 2017099742.493.09$3,078
May 201701,06845.373.26$3,485
Apr 2017084447.933.21$2,711
Mar 201701,02746.772.98$3,064
Feb 2017076650.452.95$2,262
Jan 2017048749.413.42$1,665
Dec 2016075648.763.72$2,814
Nov 2016072042.492.64$1,904
Oct 201614168546.193.09$8,630
Sep 201604041.553.10$124
Aug 2016020041.442.92$585
Jul 2016021741.622.92$635
Jun 2016021045.352.69$564
May 2016021742.521.99$432
Apr 2016021036.561.99$418
Mar 2016021733.011.79$389
Feb 2016021026.472.06$433
Jan 2016021727.352.36$513
Dec 2015021732.362.00$434
Nov 2015021038.792.17$455
Oct 2015021843.552.43$529
Sep 2015021042.992.76$579
Aug 2015021740.162.87$623
Jul 2015040748.152.95$1,199
Jun 201504056.152.88$115
May 20150055.212.96$0
Apr 201501,10349.822.71$2,985
Mar 2015067342.892.93$1,975
Feb 2015033344.662.98$991
Jan 2015019243.433.10$595
Dec 2014021654.693.59$776
Nov 2014022270.464.25$944
Oct 2014055078.303.90$2,146
Sep 2014046786.164.05$1,889
Aug 2014037289.394.04$1,501
Jul 2014037396.564.18$1,559
Jun 2014034598.164.74$1,634
May 2014037094.734.73$1,749
Apr 2014034095.944.81$1,635
Mar 201416635695.895.06$17,718
Feb 2014017497.406.19$1,077
Jan 2014024690.404.86$1,196
Dec 2013026791.824.35$1,163
Nov 2013043588.853.74$1,626
Oct 2013047097.423.78$1,776
Sep 20130457104.113.72$1,699
Aug 20130482104.253.52$1,698
Jul 20130493102.523.72$1,833
Jun 2013040094.403.93$1,573
May 2013034694.834.15$1,436
Apr 2013043093.964.28$1,842
Mar 2013048693.623.91$1,902
Feb 2013040291.233.42$1,375
Jan 2013043591.603.42$1,488
Dec 2012039286.773.42$1,341
Nov 2012048386.953.62$1,751
Oct 2012053889.383.40$1,829
Sep 2012052694.672.92$1,535
Aug 2012054892.662.91$1,594
Jul 2012052685.133.02$1,589
Jun 2012051979.822.52$1,307
May 2012040591.612.49$1,008
Apr 20120500101.652.00$998
Mar 20120514105.052.22$1,142
Feb 20120450101.102.57$1,157
Jan 2012042598.092.73$1,162
Dec 2011041596.873.24$1,344
Nov 2011053195.723.31$1,758
Oct 2011056084.983.65$2,043
Sep 2011055383.623.99$2,204
Aug 2011059583.404.15$2,469
Jul 201114359694.144.52$16,154
Jun 2011049492.904.64$2,292
May 2011058498.134.40$2,572
Apr 20110552105.964.33$2,392
Mar 2011066696.364.06$2,702
Feb 2011042585.644.18$1,776
Jan 2011051986.504.59$2,382
Dec 2010050285.734.35$2,183
Nov 2010049780.843.80$1,886
Oct 2010054778.103.51$1,919
Sep 2010050572.633.98$2,010
Aug 2010051773.684.42$2,285
Jul 2010058072.554.74$2,747
Jun 2010050670.364.91$2,485
May 2010051571.124.24$2,181
Apr 2010050981.694.12$2,098
Mar 2010052878.394.39$2,317
Feb 2010044473.585.44$2,416
Jan 2010047974.365.96$2,857
Dec 2009045771.445.48$2,506
Nov 2009049274.593.75$1,846
Oct 2009054272.544.11$2,228
Sep 2009054665.543.06$1,673
Aug 200915157867.423.22$12,041
Jul 2009056661.133.46$1,961
Jun 2009052866.163.90$2,057
May 2009052654.743.93$2,065
Apr 2009050646.773.59$1,815
Mar 2009050542.144.06$2,050
Feb 2009044532.814.63$2,062
Jan 2009045135.865.37$2,422
Dec 2008047537.105.98$2,839
Nov 2008047255.496.86$3,238
Oct 2008051975.246.92$3,593
Sep 20080494101.767.88$3,891
Aug 20080565114.228.48$4,793
Jul 20080721131.0811.39$8,212
Jun 20080733131.3313.03$9,553
May 20080791123.1711.57$9,155
Apr 20080805110.3110.45$8,416
Mar 20080785101.909.66$7,586
Feb 2008076592.538.77$6,709
Jan 200812382890.388.21$17,911
Dec 2007078688.337.30$5,739
Nov 2007078191.677.29$5,695
Oct 2007079482.856.92$5,496
Sep 2007078875.846.24$4,920
Aug 2007080069.066.39$5,110
Jul 2007080770.906.39$5,155
Jun 2007078862.007.55$5,948
May 200717279958.747.85$16,372
Apr 2007079259.617.81$6,182
Mar 2007084256.927.30$6,148
Feb 2007041555.108.22$3,410
Jan 2007067250.306.73$4,520
Dec 2006076856.656.92$5,313
Nov 2006077954.207.62$5,934
Oct 2006087454.906.01$5,256
Sep 2006084660.085.04$4,261
Aug 2006086668.717.34$6,356
Jul 2006086869.376.34$5,506
Jun 2006083066.286.38$5,299
May 2006081966.016.42$5,262
Apr 2006089664.397.36$6,595
Mar 200613990156.707.08$14,263
Feb 2006081157.597.75$6,286
Jan 2006087660.598.93$7,826
Dec 2005073854.9413.42$9,901
Nov 2005073654.6910.59$7,793
Oct 200516790858.3413.80$22,269
Sep 2005089361.4512.08$10,787
Aug 2005093561.519.80$9,160
Jul 2005091955.697.84$7,208
Jun 2005094352.337.38$6,960
May 200501,02645.226.65$6,824
Apr 2005097849.207.36$7,199
Mar 2005099750.377.15$7,133
Feb 2005094245.226.31$5,946
Jan 2005077243.166.32$4,881
Dec 2004028639.866.75$1,931
Nov 2004070045.286.33$4,431
Oct 2004082849.706.52$5,395
Sep 2004082843.245.28$4,375
Aug 200415883542.375.55$11,329
Jul 2004082038.286.08$4,989
Jun 2004075936.106.43$4,883
May 2004079037.486.49$5,131
Apr 2004082734.475.86$4,845
Mar 2004084934.365.53$4,695
Feb 2004080832.455.51$4,452
Jan 2004084532.036.30$5,323
Dec 2003081430.266.30$5,130
Nov 2003074528.804.60$3,423
Oct 2003089528.174.76$4,260
Sep 2003090826.314.75$4,312
Aug 2003099429.765.13$5,099
Jul 200312791929.415.17$8,487
Jun 2003089628.565.98$5,361
May 2003087826.595.97$5,244
Apr 2003095226.675.41$5,148
Mar 200301,00631.146.10$6,133
Feb 2003090933.487.93$7,205
Jan 2003089430.315.58$4,990
Dec 2002087626.914.85$4,252
Nov 2002099424.664.14$4,112
Oct 200201,00526.464.23$4,250
Sep 2002095127.443.64$3,457
Aug 200201,02325.963.16$3,237
Jul 20021751,05724.583.06$7,538
Jun 200201,01523.733.34$3,388
May 2002093024.663.58$3,333
Apr 2002098323.653.51$3,453
Mar 2002095422.003.10$2,960
Feb 2002093018.222.38$2,209
Jan 2002090217.172.38$2,143
Dec 2001092816.932.36$2,194
Nov 200101,13918.072.41$2,740
Oct 200101,24319.782.53$3,143
Sep 20011741,17824.262.25$6,873
Aug 200101,16324.873.05$3,551
Jul 200101,09823.933.20$3,510
Jun 200101,15224.563.82$4,405
May 200101,23725.524.31$5,328
Apr 200101,14824.685.34$6,125
Mar 200101,23824.545.38$6,656
Feb 200101,13427.755.77$6,540
Jan 200101,24327.478.40$10,440
Dec 200001,21026.889.12$11,038
Nov 20001551,17932.215.66$11,663
Oct 200001,17731.235.15$6,056
Sep 200001,13531.875.19$5,887
Aug 200001,14629.644.54$5,204
Jul 200001,17228.534.09$4,793
Jun 200001,08929.304.40$4,789
May 200001,28027.263.68$4,710
Apr 200001,09324.513.12$3,406
Mar 200001,27128.422.86$3,635
Feb 200001,15327.622.73$3,144
Jan 200001,21025.272.48$3,001
Dec 199901,20624.282.42$2,923
Nov 19991501,32323.192.43$6,699
Oct 199901,17020.982.80$3,280
Sep 199901,16821.752.62$3,059
Aug 199901,18319.262.88$3,402
Jul 1999097217.892.37$2,306
Jun 199901,10615.942.36$2,612
May 199901,34015.792.32$3,110
Apr 199901,08915.102.21$2,405
Mar 199901,14812.471.84$2,110
Feb 199901,0789.981.82$1,960
Jan 19991731,09210.381.90$3,870
Dec 199801,1399.201.77$2,020
Nov 199801,18610.892.19$2,592
Oct 199801,14412.421.97$2,253
Sep 199801,09112.592.08$2,272
Aug 199801,13011.301.91$2,155
Jul 199801,12511.742.24$2,517
Jun 199801,13611.242.24$2,542
May 199801,19512.622.21$2,637
Apr 199801,17513.042.51$2,944
Mar 199801,13112.802.31$2,612
Feb 1998097013.952.30$2,230
Jan 1998063514.702.15$1,368
Dec 1997093816.322.41$2,262
Nov 1997086618.193.09$2,674
Oct 199718487019.253.15$6,282
Sep 1997088717.742.95$2,621
Aug 1997084517.862.55$2,159
Jul 1997087717.582.25$1,971
Jun 199701,02617.242.26$2,316
May 199701,00418.972.31$2,318
Apr 1997097617.882.08$2,033
Mar 199701,06318.951.94$2,061
Feb 1997093820.492.21$2,069
Jan 199701,01423.483.54$3,589
Dec 199601,04123.32$0
Nov 199601,03721.97$0
Oct 199601,00623.31$0
Sep 199601,01922.22$0
Aug 1996083720.26$0
Jul 1996066119.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$0

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.

Oct 2020 — as filed, then multipliedworked
Oil                  260 bbl  × $ 36.97 =     $9,612
Casinghead gas         0 Mcf  × $  2.48 =         $0

────────────────────────────────────────────────────
Month total                                   $9,612

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/5441 is the state's own key, not one this site invented.