HEASTON UNIT

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 547District 10Field 68873001OilCasinghead gasSaveExport
Value, all time
$2.5 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
OilDisposition56,275 bbl$2,093,029
Casinghead gasProduction162,309 Mcf$394,116
Total$2,487,145

60,486 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 (12)

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 35.5580, -101.0476. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.55801, -101.04766 · 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
8.3%
1 of 12 wells
With a plug date
8.3%
1 of 12 wells
Median depth
3,283 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
18.3%
A plug date is filed
18.3%
BothOn the schedule and plugged. Neither fact cancels the other.
18.3%
NeitherNo plug date, and not on the schedule.
1191.7%

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

Total depth in feet, 2 of 12 wells. Median 3,283 ft, with the middle half between 3,272 and 3,295 ft; the shallowest is 3,260 ft and the deepest 3,306 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

Last completion by decade, 1 of 12 wells, Mar 1934. 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 1934
1 of 12 wells; 11 filed none
Plug dates filed
Jul 1988
1 of 12 wells; 11 filed none

12 wells

42-1790733311G3,260 ftJul 1988Yes
42-179827111
42-179827122
42-179827144
42-179827155
42-179827166
42-179827177
42-179827188
42-179827199
42-1798272010
42-1798272212
42-1790734533,306 ftMar 1934

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 202692098.932.87$9,102
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025120056.664.41$6,799
Nov 2025130058.593.93$7,617
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 202583063.933.01$5,306
Jul 20250066.743.32$0
Jun 2025176066.483.13$11,700
May 20250060.553.23$0
Apr 202582062.363.54$5,114
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 202479068.993.12$5,450
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 202455069.612.36$3,829
Aug 2024106075.632.06$8,017
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 202446084.451.66$3,885
Mar 2024100080.301.55$8,030
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023115071.262.61$8,195
Nov 20230077.892.81$0
Oct 202382085.443.09$7,006
Sep 20230089.042.74$0
Aug 202363080.522.67$5,073
Jul 20230074.852.64$0
Jun 202390068.962.26$6,206
May 202386070.622.23$6,073
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202381075.112.47$6,084
Jan 20230076.533.39$0
Dec 202258076.415.73$4,432
Nov 2022157085.005.65$13,345
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 202272094.529.13$6,805
Jul 202200101.587.54$0
Jun 20221480115.097.98$17,033
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20221430108.885.08$15,570
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 202148069.865.35$3,353
Aug 202151066.024.22$3,367
Jul 202148070.783.98$3,397
Jun 202150069.493.38$3,475
May 202151063.483.02$3,237
Apr 202175060.362.76$4,527
Mar 202174061.302.72$4,536
Feb 2021135057.805.55$7,803
Jan 2021134050.412.81$6,755
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 2020165036.972.48$6,100
Sep 20200037.091.99$0
Aug 202039039.982.39$1,559
Jul 202054038.371.83$2,072
Jun 2020118034.901.69$4,118
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 2020114057.252.09$6,527
Dec 2019124059.012.30$7,317
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 201972052.782.49$3,800
May 2019869758.482.74$5,295
Apr 201915519662.632.75$10,247
Mar 201922141256.803.06$13,814
Feb 2019019950.852.79$556
Jan 201916435846.033.23$8,705
Dec 201812427346.594.19$6,920
Nov 201814320652.934.24$8,442
Oct 20188833561.443.40$6,545
Sep 201812934759.543.11$8,759
Aug 20187342859.403.07$5,649
Jul 201811531965.142.93$8,426
Jun 201813131660.183.08$8,856
May 201815315165.382.90$10,441
Apr 2018156063.842.90$9,959
Mar 2018168061.222.79$10,285
Feb 2018141061.782.77$8,711
Jan 2018187062.874.01$11,757
Dec 201717217857.272.92$10,370
Nov 201717421755.423.12$10,320
Oct 201728834649.292.98$15,228
Sep 201717535047.523.09$9,397
Aug 201731839145.373.00$15,602
Jul 2017036643.873.09$1,130
Jun 201714940942.493.09$7,594
May 201724634745.373.26$12,293
Apr 201713526447.933.21$7,318
Mar 2017028946.772.98$862
Feb 201711033650.452.95$6,542
Jan 201716226849.413.42$8,921
Dec 2016040748.763.72$1,515
Nov 201615628942.492.64$7,393
Oct 201618135946.193.09$9,470
Sep 201617511241.553.10$7,619
Aug 2016012841.442.92$374
Jul 201618134741.622.92$8,548
Jun 201617430645.352.69$8,713
May 201636140942.521.99$16,164
Apr 201617030936.561.99$6,830
Mar 201617134233.011.79$6,258
Feb 2016044426.472.06$916
Jan 201618051327.352.36$6,136
Dec 201505132.362.00$102
Nov 201518133938.792.17$7,756
Oct 2015010643.552.43$257
Sep 201518227942.992.76$8,594
Aug 201516432840.162.87$7,528
Jul 201517125748.152.95$8,991
Jun 201517131456.152.88$10,507
May 201517029555.212.96$10,258
Apr 201516921049.822.71$8,988
Mar 2015017842.892.93$522
Feb 201517115544.662.98$8,098
Jan 201517012643.433.10$7,774
Dec 201432628554.693.59$18,852
Nov 201418128570.464.25$13,965
Oct 201417135578.303.90$14,774
Sep 201417130586.164.05$15,967
Aug 201435015389.394.04$31,904
Jul 201416035596.564.18$16,933
Jun 201417334598.164.74$18,616
May 201435035894.734.73$34,848
Apr 201416946995.944.81$18,469
Mar 201433839695.895.06$34,413
Feb 201416830397.406.19$18,239
Jan 20141771,33090.404.86$22,466
Dec 201317440391.824.35$17,732
Nov 201333842288.853.74$31,609
Oct 201317336997.423.78$18,248
Sep 2013322278104.113.72$34,557
Aug 2013171286104.253.52$18,834
Jul 20130323102.523.72$1,201
Jun 201335229994.403.93$34,405
May 201334532594.834.15$34,065
Apr 2013030393.964.28$1,298
Mar 201334438993.623.91$33,727
Feb 2013033991.233.42$1,159
Jan 201334138591.603.42$32,552
Dec 201235557186.773.42$32,756
Nov 201217459786.953.62$17,293
Oct 201218239389.383.40$17,603
Sep 2012047294.672.92$1,377
Aug 201217745292.662.91$17,715
Jul 2012044985.133.02$1,356
Jun 201231941979.822.52$26,518
May 201234443991.612.49$32,606
Apr 2012176458101.652.00$18,805
Mar 2012178609105.052.22$20,052
Feb 2012169445101.102.57$18,230
Jan 2012040598.092.73$1,107
Dec 2011030096.873.24$972
Nov 2011032695.723.31$1,079
Oct 2011177084.983.65$15,041
Sep 201117535383.623.99$16,040
Aug 2011026883.404.15$1,112
Jul 20116617394.144.52$6,995
Jun 2011010792.904.64$496
May 2011011998.134.40$524
Apr 2011188101105.964.33$20,358
Mar 2011012096.364.06$487
Feb 201106285.644.18$259
Jan 2011010786.504.59$491
Dec 2010016085.734.35$696
Nov 2010012680.843.80$478
Oct 2010014578.103.51$509
Sep 2010015072.633.98$597
Aug 2010016173.684.42$712
Jul 2010019072.554.74$900
Jun 2010016370.364.91$800
May 2010018671.124.24$788
Apr 2010019881.694.12$816
Mar 2010012778.394.39$557
Feb 2010017273.585.44$936
Jan 2010016474.365.96$978
Dec 2009015271.445.48$834
Nov 2009012174.593.75$454
Oct 2009013672.544.11$559
Sep 2009010665.543.06$325
Aug 2009010567.423.22$338
Jul 2009017461.133.46$603
Jun 20091844566.163.90$12,349
May 200908954.743.93$349
Apr 2009018546.773.59$664
Mar 2009017342.144.06$702
Feb 2009020132.814.63$931
Jan 2009018135.865.37$972
Dec 2008016937.105.98$1,010
Nov 2008018955.496.86$1,297
Oct 2008013175.246.92$907
Sep 2008183210101.767.88$20,276
Aug 20080144114.228.48$1,222
Jul 20080123131.0811.39$1,401
Jun 20080178131.3313.03$2,320
May 20080220123.1711.57$2,546
Apr 20080147110.3110.45$1,537
Mar 20080208101.909.66$2,010
Feb 2008017992.538.77$1,570
Jan 2008016990.388.21$1,387
Dec 2007022088.337.30$1,606
Nov 2007018191.677.29$1,320
Oct 2007023382.856.92$1,613
Sep 2007017475.846.24$1,086
Aug 2007025569.066.39$1,629
Jul 2007013570.906.39$862
Jun 2007019762.007.55$1,487
May 2007020258.747.85$1,585
Apr 200705859.617.81$453
Mar 2007020456.927.30$1,490
Feb 200705755.108.22$468
Jan 2007010350.306.73$693
Dec 2006016556.656.92$1,142
Nov 2006021654.207.62$1,645
Oct 2006015854.906.01$950
Sep 200616920960.085.04$11,206
Aug 2006023768.717.34$1,740
Jul 2006023769.376.34$1,503
Jun 2006015966.286.38$1,015
May 2006021966.016.42$1,407
Apr 2006013264.397.36$972
Mar 2006019656.707.08$1,388
Feb 200620418957.597.75$13,213
Jan 2006026560.598.93$2,367
Dec 2005027154.9413.42$3,636
Nov 200517626954.6910.59$12,474
Oct 2005026058.3413.80$3,587
Sep 2005028661.4512.08$3,455
Aug 2005028161.519.80$2,753
Jul 2005023655.697.84$1,851
Jun 200518437652.337.38$12,404
May 2005030245.226.65$2,009
Apr 2005024449.207.36$1,796
Mar 2005023450.377.15$1,674
Feb 200519622145.226.31$10,258
Jan 2005023143.166.32$1,460
Dec 2004028639.866.75$1,931
Nov 2004014545.286.33$918
Oct 2004025849.706.52$1,681
Sep 2004026943.245.28$1,421
Aug 200418628742.375.55$9,474
Jul 2004030838.286.08$1,874
Jun 2004028436.106.43$1,827
May 200419433637.486.49$9,453
Apr 2004026234.475.86$1,535
Mar 200418434334.365.53$8,219
Feb 2004029232.455.51$1,609
Jan 2004031232.036.30$1,965
Dec 200338140130.266.30$14,056
Nov 2003039828.804.60$1,829
Oct 2003044628.174.76$2,123
Sep 2003044126.314.75$2,094
Aug 2003034329.765.13$1,759
Jul 200320544129.415.17$8,309
Jun 2003040428.565.98$2,417
May 200319429426.595.97$6,914
Apr 2003053326.675.41$2,882
Mar 200319563531.146.10$9,943
Feb 2003039833.487.93$3,155
Jan 200339839230.315.58$14,252
Dec 2002046726.914.85$2,267
Nov 200238442624.664.14$11,232
Oct 200239539626.464.23$12,126
Sep 200218045227.443.64$6,582
Aug 200235145025.963.16$10,536
Jul 200220246824.583.06$6,398
Jun 2002039523.733.34$1,319
May 200217623624.663.58$5,186
Apr 2002036123.653.51$1,268
Mar 200217647222.003.10$5,336
Feb 2002044918.222.38$1,067
Jan 200219645317.172.38$4,442
Dec 200119153616.932.36$4,501
Nov 2001048518.072.41$1,167
Oct 200119559419.782.53$5,359
Sep 2001064824.262.25$1,459
Aug 200139873124.873.05$12,130
Jul 200119581023.933.20$7,256
Jun 200119460124.563.82$7,063
May 2001062225.524.31$2,679
Apr 200118860524.685.34$7,868
Mar 200140517624.545.38$10,885
Feb 2001028527.755.77$1,644
Jan 200139366027.478.40$16,339
Dec 2000060026.889.12$5,474
Nov 200039135632.215.66$14,608
Oct 2000066231.235.15$3,406
Sep 200018950231.875.19$8,627
Aug 200019165729.644.54$8,645
Jul 200037871328.534.09$13,700
Jun 2000062429.304.40$2,744
May 200040574727.263.68$13,789
Apr 2000658324.513.12$1,964
Mar 200020461028.422.86$7,542
Feb 2000049627.622.73$1,352
Jan 200039360625.272.48$11,434
Dec 1999060124.282.42$1,457
Nov 1999042823.192.43$1,042
Oct 199938368320.982.80$9,950
Sep 199920081121.752.62$6,474
Aug 199939677119.262.88$9,844
Jul 199919486917.892.37$5,532
Jun 199982182015.942.36$15,024
May 1999096115.792.32$2,231
Apr 199939087315.102.21$7,817
Mar 199940559412.471.84$6,142
Feb 199905739.981.82$1,042
Jan 1999082010.381.90$1,558
Dec 19987798809.201.77$8,727
Nov 1998099910.892.19$2,184
Oct 199840390412.421.97$6,785
Sep 19988071,02712.592.08$12,299
Aug 19983991,07111.301.91$6,551
Jul 199818099111.742.24$4,330
Jun 1998055711.242.24$1,246
May 199820976612.622.21$4,328
Apr 1998083913.042.51$2,102
Mar 199839680712.802.31$6,933
Feb 1998078913.952.30$1,814
Jan 199840977614.702.15$7,684
Dec 1997083216.322.41$2,006
Nov 199761294118.193.09$14,038
Oct 199741685519.253.15$10,701
Sep 1997088017.742.95$2,600
Aug 199740294417.862.55$9,591
Jul 199740082417.582.25$8,883
Jun 199741594617.242.26$9,290
May 199701,03118.972.31$2,380
Apr 199721089817.882.08$5,625
Mar 199764181618.951.94$13,729
Feb 199701,05920.492.21$2,336
Jan 199701,05023.483.54$3,717
Dec 19962071,62123.32$4,827
Nov 19963991,33021.97$8,766
Oct 199620691723.31$4,802
Sep 19964031,02622.22$8,955
Aug 19964191,05220.26$8,489
Jul 19963931,07919.55$7,683
Jun 199601,08918.73$0
May 19961961,11619.43$3,808
Apr 19964911,25121.51$10,561
Mar 199601,20619.38$0
Feb 19964271,03216.98$7,250
Jan 19964431,29517.07$7,562
Dec 1995091017.19$0
Nov 19954411,30916.00$7,056
Oct 19954371,28215.43$6,743
Sep 19954421,32116.18$7,152
Aug 19953641,24115.92$5,795
Jul 19953531,40615.24$5,380
Jun 19954231,47716.41$6,941
May 19954341,42117.56$7,621
Apr 19954271,51517.73$7,571
Mar 19957021,64516.44$11,541
Feb 199501,00416.58$0
Jan 19954281,25015.92$6,814
Dec 19944301,22415.03$6,463
Nov 199429157415.90$4,627
Oct 19944391,26215.58$6,840
Sep 19944351,38715.29$6,651
Aug 19944261,31016.13$6,871
Jul 19944271,47517.56$7,498
Jun 19944271,43717.09$7,297
May 19944091,55915.88$6,495
Apr 19947631,46914.14$10,789
Mar 19944341,59612.46$5,408
Feb 19943221,35712.50$4,025
Jan 19944281,16312.66$5,418
Dec 19934241,25612.33$5,228
Nov 19934301,27014.49$6,231
Oct 19934261,34215.85$6,752
Sep 19934211,01415.03$6,328
Aug 19934341,14415.66$6,796
Jul 19938431,38915.46$13,033
Jun 1993039816.79$0
May 19933631,37817.68$6,418
Apr 19934041,48718.05$7,292
Mar 19933991,54818.14$7,238
Feb 19934241,28517.90$7,590
Jan 19934141,36716.93$7,009

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                   92 bbl  × $ 98.93 =     $9,102
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $9,102

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/547 is the state's own key, not one this site invented.