WORLEY-REYNOLDS

Operated by BORGER RESOURCES 4 LLC (P-5 83237) 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 545District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$332 k
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
NGPA3none

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
OilDisposition1,876 bbl$53,113
Casinghead gasProduction76,926 Mcf$278,885
Total$331,997

7,672 Mcf of this lease's gas, across 12 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 (7)

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 35.4708, -100.9320. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.47083, -100.93186 · 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
42.9%
3 of 7 wells
With a plug date
42.9%
3 of 7 wells
Median depth
3,181 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
342.9%
A plug date is filed
342.9%
BothOn the schedule and plugged. Neither fact cancels the other.
342.9%
NeitherNo plug date, and not on the schedule.
457.1%

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 3,062 and 3,299 ft, median 3,181 ft, over the 2 wells that filed a depth.

Plug dates filed
Aug 1978 – May 1980
3 of 7 wells; 4 filed none

7 wells

42-1798268913,062 ftMay 1980Yes
42-179826904Aug 1978Yes
42-179826949Oct 1978Yes
42-1790565683,299 ft
42-179826916
42-179826927
42-1798269510

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 20200036.972.48$0
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 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016232046.193.09$10,716
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090461.133.46$14
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 200703291.677.29$233
Oct 200707082.856.92$485
Sep 200707975.846.24$493
Aug 2007033569.066.39$2,140
Jul 2007031170.906.39$1,987
Jun 2007018762.007.55$1,412
May 200708658.747.85$675
Apr 200702259.617.81$172
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 200606454.207.62$488
Oct 2006012654.906.01$758
Sep 200617816560.085.04$11,525
Aug 2006015268.717.34$1,116
Jul 200602469.376.34$152
Jun 200604466.286.38$281
May 2006013766.016.42$880
Apr 20060064.397.36$0
Mar 20060856.707.08$57
Feb 200603057.597.75$233
Jan 200602960.598.93$259
Dec 200505354.9413.42$711
Nov 200507954.6910.59$836
Oct 200507858.3413.80$1,076
Sep 200503461.4512.08$411
Aug 200508561.519.80$833
Jul 2005012455.697.84$973
Jun 200507352.337.38$539
May 200506145.226.65$406
Apr 200505449.207.36$397
Mar 200503250.377.15$229
Feb 200505745.226.31$360
Jan 2005026943.166.32$1,701
Dec 2004027839.866.75$1,877
Nov 2004029345.286.33$1,855
Oct 2004028049.706.52$1,824
Sep 2004037143.245.28$1,960
Aug 2004043142.375.55$2,392
Jul 2004055838.286.08$3,395
Jun 2004037336.106.43$2,400
May 2004077137.486.49$5,007
Apr 200401,77034.475.86$10,369
Mar 200402,27834.365.53$12,598
Feb 200401,78832.455.51$9,851
Jan 2004079232.036.30$4,989
Dec 2003591,36730.266.30$10,400
Nov 200301,54228.804.60$7,086
Oct 2003092328.174.76$4,393
Sep 2003084526.314.75$4,013
Aug 200301,02029.765.13$5,232
Jul 2003061929.415.17$3,201
Jun 2003063428.565.98$3,793
May 2003071226.595.97$4,253
Apr 2003042926.675.41$2,320
Mar 2003039831.146.10$2,426
Feb 2003058533.487.93$4,637
Jan 200317367730.315.58$9,023
Dec 2002078726.914.85$3,820
Nov 2002066324.664.14$2,743
Oct 2002063426.464.23$2,681
Sep 2002062827.443.64$2,283
Aug 2002065325.963.16$2,066
Jul 2002066424.583.06$2,033
Jun 2002066023.733.34$2,203
May 2002070424.663.58$2,523
Apr 200216061023.653.51$5,927
Mar 2002069122.003.10$2,144
Feb 2002069118.222.38$1,642
Jan 2002067817.172.38$1,611
Dec 2001060916.932.36$1,440
Nov 200117856918.072.41$4,585
Oct 2001069919.782.53$1,768
Sep 2001065424.262.25$1,472
Aug 2001069324.873.05$2,116
Jul 2001071123.933.20$2,273
Jun 2001069724.563.82$2,665
May 2001063225.524.31$2,722
Apr 2001044624.685.34$2,380
Mar 2001061524.545.38$3,307
Feb 2001050827.755.77$2,930
Jan 200118155527.478.40$9,633
Dec 2000056726.889.12$5,172
Nov 2000062232.215.66$3,519
Oct 2000065131.235.15$3,350
Sep 2000063031.875.19$3,268
Aug 2000062829.644.54$2,852
Jul 2000065528.534.09$2,679
Jun 2000051329.304.40$2,256
May 2000066427.263.68$2,443
Apr 2000062724.513.12$1,954
Mar 2000065028.422.86$1,859
Feb 2000070827.622.73$1,930
Jan 2000063725.272.48$1,580
Dec 1999069024.282.42$1,672
Nov 1999070023.192.43$1,704
Oct 199917167420.982.80$5,477
Sep 1999051121.752.62$1,338
Aug 1999063119.262.88$1,815
Jul 1999067217.892.37$1,594
Jun 1999050015.942.36$1,181
May 1999056615.792.32$1,314
Apr 1999054315.102.21$1,199
Mar 1999051312.471.84$943
Feb 199985459.981.82$1,071
Jan 1999066510.381.90$1,263
Dec 199806809.201.77$1,206
Nov 1998066010.892.19$1,443
Oct 1998073412.421.97$1,445
Sep 1998073112.592.08$1,522
Aug 1998064611.301.91$1,232
Jul 1998063611.742.24$1,423
Jun 1998065111.242.24$1,456
May 1998067512.622.21$1,489
Apr 199817663813.042.51$3,893
Mar 1998065212.802.31$1,506
Feb 1998063913.952.30$1,469
Jan 1998067814.702.15$1,461
Dec 1997071716.322.41$1,729
Nov 1997072418.193.09$2,236
Oct 1997069819.253.15$2,199
Sep 1997066017.742.95$1,950
Aug 1997070917.862.55$1,811
Jul 1997071617.582.25$1,609
Jun 1997072017.242.26$1,625
May 1997062918.972.31$1,452
Apr 1997068317.882.08$1,423
Mar 199717770918.951.94$4,729
Feb 1997071420.492.21$1,575
Jan 1997070423.483.54$2,492
Dec 1996074723.32$0
Nov 1996069521.97$0
Oct 1996076723.31$0
Sep 1996072922.22$0
Aug 1996072320.26$0
Jul 1996076419.55$0
Jun 199614674018.73$2,735
May 1996080019.43$0
Apr 1996067021.51$0
Mar 1996063519.38$0
Feb 1996029916.98$0
Jan 1996010317.07$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 199537017.56$650
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 2016 — as filed, then multipliedworked
Oil                  232 bbl  × $ 46.19 =    $10,716
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                  $10,716

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/545 is the state's own key, not one this site invented.