SAUNDERS -A-

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 553District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$51 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.

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
NGPA2none

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
OilDisposition85,901 bbl$3,623,650
Casinghead gasProduction242,667 Mcf$572,185
Total$4,195,835

101,243 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 (5)

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 35.4208, -100.7940. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.42070, -100.79433 · 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
20.0%
1 of 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
2,965 ft
5 wells filed one
Completion to plug
16.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
120.0%
A plug date is filed
120.0%
BothOn the schedule and plugged. Neither fact cancels the other.
120.0%
NeitherNo plug date, and not on the schedule.
480.0%

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 2,940 and 3,100 ft, median 2,965 ft, over the 5 wells that filed a depth.

Completions filed
Dec 1953 – Apr 1998
4 of 5 wells; 1 filed none
Plug dates filed
Feb 2012
1 of 5 wells; 4 filed none

Last completion to plug: a median of 16.2 years across the 1 well that filed both dates, with the middle half between 16.2 years and 16.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-1790154922,965 ft
42-1790155663,100 ftApr 1998
42-17932138102,970 ftDec 1995Feb 2012Yes
42-1790812172,945 ftJun 1954
42-1790155352,940 ftDec 1953

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 2026168089.753.15$15,078
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025150056.664.41$8,499
Nov 20250058.593.93$0
Oct 2025139059.383.30$8,254
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025145066.743.32$9,677
Jun 2025143066.483.13$9,507
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025153067.704.27$10,358
Feb 20250070.884.34$0
Jan 2025172074.324.28$12,783
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 202495071.372.28$6,780
Sep 20240069.612.36$0
Aug 2024173075.632.06$13,084
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024162078.812.20$12,767
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024184073.023.30$13,436
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 2023158085.443.09$13,500
Sep 20230089.042.74$0
Aug 2023171080.522.67$13,769
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023157078.122.24$12,265
Mar 20230072.852.39$0
Feb 2023170075.112.47$12,769
Jan 20230076.533.39$0
Dec 202260076.415.73$4,585
Nov 20220085.005.65$0
Oct 2022157487.185.86$13,711
Sep 202203684.888.16$294
Aug 202203594.529.13$319
Jul 202216038101.587.54$16,539
Jun 2022035115.097.98$279
May 2022016109.378.43$135
Apr 20221810104.226.84$18,864
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20211433771.323.90$10,343
Nov 2021012077.435.24$628
Oct 2021015479.795.71$880
Sep 202118428669.865.35$14,385
Aug 2021011966.024.22$502
Jul 202118016370.783.98$13,389
Jun 2021012669.493.38$426
May 20211817163.483.02$11,704
Apr 2021010960.362.76$301
Mar 202118112161.302.72$11,424
Feb 2021010957.805.55$605
Jan 2021011250.412.81$315
Dec 202017611944.642.68$8,175
Nov 2020010738.772.71$290
Oct 202018312936.972.48$7,085
Sep 2020013937.091.99$277
Aug 2020012739.982.39$303
Jul 202018321038.371.83$7,405
Jun 2020023134.901.69$390
May 202017815016.921.81$3,284
Apr 202018412314.751.80$2,936
Mar 2020017630.341.86$327
Feb 202018113449.881.98$9,294
Jan 2020013657.252.09$285
Dec 201917812559.012.30$10,792
Nov 2019017455.302.75$479
Oct 201917911453.472.42$9,847
Sep 2019017355.052.66$460
Aug 20191758153.112.30$9,481
Jul 201917212456.272.46$9,983
Jun 2019015852.782.49$394
May 201916228858.482.74$10,263
Apr 201917326062.632.75$11,550
Mar 201917816356.803.06$10,610
Feb 2019011850.852.79$329
Jan 201918313646.033.23$8,863
Dec 201817818446.594.19$9,063
Nov 2018020952.934.24$886
Oct 201817619861.443.40$11,486
Sep 2018023259.543.11$721
Aug 201817914859.403.07$11,086
Jul 201817132865.142.93$12,101
Jun 2018035760.183.08$1,098
May 201817234365.382.90$12,240
Apr 201817334163.842.90$12,033
Mar 201817537361.222.79$11,753
Feb 201817214161.782.77$11,016
Jan 201804962.874.01$196
Dec 201706357.272.92$184
Nov 20170055.423.12$0
Oct 201706049.292.98$179
Sep 201718530647.523.09$9,736
Aug 2017027345.373.00$820
Jul 201718125143.873.09$8,715
Jun 2017014242.493.09$438
May 201718119445.373.26$8,845
Apr 2017015047.933.21$482
Mar 2017013846.772.98$412
Feb 201718315050.452.95$9,675
Jan 2017010749.413.42$366
Dec 20161855048.763.72$9,207
Nov 201619219842.492.64$8,682
Oct 2016014246.193.09$439
Sep 201618111241.553.10$7,868
Aug 201617021941.442.92$7,685
Jul 201618127041.622.92$8,323
Jun 201618318745.352.69$8,801
May 2016036442.521.99$725
Apr 201617835536.561.99$7,215
Mar 201618329633.011.79$6,572
Feb 2016014726.472.06$303
Jan 201617713727.352.36$5,165
Dec 201517910932.362.00$6,011
Nov 201518117238.792.17$7,394
Oct 201517124843.552.43$8,049
Sep 201517438742.992.76$8,548
Aug 2015067540.162.87$1,939
Jul 20153571,06748.152.95$20,332
Jun 2015075656.152.88$2,179
May 201517563955.212.96$11,550
Apr 201517782949.822.71$11,062
Mar 2015050242.892.93$1,473
Feb 2015177044.662.98$7,905
Jan 201503843.433.10$118
Dec 20141863154.693.59$10,284
Nov 201417527370.464.25$13,491
Oct 201417237878.303.90$14,942
Sep 201417548986.164.05$17,056
Aug 201417333689.394.04$16,820
Jul 201417431196.564.18$18,101
Jun 201417522798.164.74$18,253
May 201436338594.734.73$36,207
Apr 201416740995.944.81$17,989
Mar 201436430495.895.06$36,441
Feb 201417718597.406.19$18,385
Jan 201436325490.404.86$34,050
Dec 201335718591.824.35$33,585
Nov 201318226288.853.74$17,150
Oct 201335638097.423.78$36,118
Sep 2013178348104.113.72$19,825
Aug 2013181354104.253.52$20,116
Jul 2013355348102.523.72$37,688
Jun 201317735494.403.93$18,101
May 201317840694.834.15$18,564
Apr 201318236593.964.28$18,664
Mar 201335913193.623.91$34,122
Feb 20130091.233.42$0
Jan 2013169091.603.42$15,480
Dec 201235121286.773.42$31,181
Nov 201217732686.953.62$16,572
Oct 201235638989.383.40$33,142
Sep 201236439294.672.92$35,604
Aug 201217324492.662.91$16,740
Jul 201218017185.133.02$15,840
Jun 201217934779.822.52$15,162
May 201218036691.612.49$17,401
Apr 2012180419101.652.00$19,134
Mar 2012181419105.052.22$19,945
Feb 201218087101.102.57$18,422
Jan 20121766898.092.73$17,450
Dec 201116711296.873.24$16,540
Nov 201118130495.723.31$18,332
Oct 201117715684.983.65$15,611
Sep 2011012783.623.99$506
Aug 201135136683.404.15$30,792
Jul 201116918294.144.52$16,732
Jun 201117037992.904.64$17,552
May 201117241898.134.40$18,720
Apr 2011174424105.964.33$20,274
Mar 201117836896.364.06$18,645
Feb 20111734785.644.18$15,012
Jan 201117113486.504.59$15,406
Dec 201017614685.734.35$15,723
Nov 201017031480.843.80$14,935
Oct 201017244878.103.51$15,005
Sep 201017037372.633.98$13,831
Aug 201017536273.684.42$14,494
Jul 201018239872.554.74$15,089
Jun 201016539370.364.91$13,539
May 201017446771.124.24$14,353
Apr 201017647881.694.12$16,348
Mar 201016914478.394.39$13,880
Feb 201016727873.585.44$13,801
Jan 201017263274.365.96$16,559
Dec 200917768471.445.48$16,396
Nov 200917268274.593.75$15,388
Oct 200916766572.544.11$14,848
Sep 200935252165.543.06$24,667
Aug 200917445267.423.22$13,186
Jul 200917962961.133.46$13,121
Jun 200916663566.163.90$13,456
May 200917453254.743.93$11,613
Apr 200918923946.773.59$9,697
Mar 200915951542.144.06$8,791
Feb 200918446132.814.63$8,173
Jan 200936431235.865.37$14,729
Dec 200818548137.105.98$9,739
Nov 200819742855.496.86$13,868
Oct 200818667175.246.92$18,639
Sep 2008187476101.767.88$22,779
Aug 2008369578114.228.48$47,050
Jul 2008170608131.0811.39$29,208
Jun 2008367476131.3313.03$54,402
May 2008444634123.1711.57$62,026
Apr 2008177426110.3110.45$23,979
Mar 2008174192101.909.66$19,586
Feb 200817716592.538.77$17,825
Jan 200817848490.388.21$20,059
Dec 200716242288.337.30$17,391
Nov 200719569891.677.29$22,965
Oct 200716767982.856.92$18,536
Sep 200717964175.846.24$17,578
Aug 200717762369.066.39$16,203
Jul 200718457670.906.39$16,725
Jun 200718258762.007.55$15,715
May 200718168758.747.85$16,022
Apr 200738475459.617.81$28,775
Mar 200718945156.927.30$14,051
Feb 200719913055.108.22$12,033
Jan 200719027850.306.73$11,427
Dec 200619331556.656.92$13,113
Nov 20067761154.207.62$8,828
Oct 200637670054.906.01$24,852
Sep 200620065860.085.04$15,330
Aug 200638659368.717.34$30,875
Jul 200618774269.376.34$17,679
Jun 200619768866.286.38$17,449
May 200640180266.016.42$31,623
Apr 200626165564.397.36$21,627
Mar 200628653456.707.08$19,998
Feb 200629662057.597.75$21,852
Jan 200623777960.598.93$21,319
Dec 200525852954.9413.42$21,271
Nov 2005048154.6910.59$5,093
Oct 2005042758.3413.80$5,891
Sep 200525438061.4512.08$20,198
Aug 200525639461.519.80$19,607
Jul 200521029255.697.84$13,985
Jun 200524826952.337.38$14,963
May 200524826245.226.65$12,957
Apr 200525325949.207.36$14,354
Mar 2005022850.377.15$1,631
Feb 200524028645.226.31$12,658
Jan 200523125743.166.32$11,595
Dec 200425430339.866.75$12,170
Nov 2004052045.286.33$3,292
Oct 200425535249.706.52$14,967
Sep 200424852743.245.28$13,508
Aug 2004039842.375.55$2,209
Jul 200424847838.286.08$12,402
Jun 200419437536.106.43$9,416
May 200425430937.486.49$11,527
Apr 2004038734.475.86$2,267
Mar 200417639534.365.53$8,232
Feb 200424942032.455.51$10,394
Jan 200425646132.036.30$11,104
Dec 2003042330.266.30$2,666
Nov 200325632428.804.60$8,862
Oct 200325443428.174.76$9,221
Sep 200325639826.314.75$8,626
Aug 200326342929.765.13$10,028
Jul 200325445229.415.17$9,807
Jun 200325444128.565.98$9,893
May 200325549226.595.97$9,719
Apr 200325049326.675.41$9,333
Mar 200325253131.146.10$11,084
Feb 200325642233.487.93$11,916
Jan 200325949630.315.58$10,619
Dec 200225651926.914.85$9,408
Nov 200225942224.664.14$8,133
Oct 200225350326.464.23$8,822
Sep 200225542527.443.64$8,542
Aug 2002035325.963.16$1,117
Jul 200224236124.583.06$7,054
Jun 200225540023.733.34$7,386
May 200225442124.663.58$7,773
Apr 200225327823.653.51$6,960
Mar 200225149922.003.10$7,070
Feb 200225740818.222.38$5,652
Jan 20022536017.172.38$4,487
Dec 200125423016.932.36$4,844
Nov 200124824618.072.41$5,073
Oct 20012562819.782.53$5,134
Sep 2001255124.262.25$6,189
Aug 200125514724.873.05$6,791
Jul 200125618023.933.20$6,702
Jun 200125510524.563.82$6,664
May 200150510925.524.31$13,357
Apr 200125432824.685.34$8,019
Mar 2001252124.545.38$6,189
Feb 200124926327.755.77$8,426
Jan 200125539327.478.40$10,306
Dec 200051145726.889.12$17,905
Nov 200025630332.215.66$9,960
Oct 200025350531.235.15$10,500
Sep 200025031831.875.19$9,617
Aug 200025420529.644.54$8,459
Jul 200051214628.534.09$15,204
Jun 200024715329.304.40$7,910
May 2000252027.263.68$6,870
Apr 200025637924.513.12$7,456
Mar 200050575628.422.86$16,514
Feb 200025286227.622.73$9,310
Jan 20002551,02125.272.48$8,976
Dec 19992551,32624.282.42$9,405
Nov 19995081,59623.192.43$15,665
Oct 19992561,34820.982.80$9,150
Sep 19995091,17521.752.62$14,148
Aug 199915479119.262.88$5,241
Jul 19992551,14117.892.37$7,269
Jun 19992551,40015.942.36$7,372
May 19992511,25015.792.32$6,865
Apr 19995101,39815.102.21$10,788
Mar 19992541,36312.471.84$5,673
Feb 19992521,1789.981.82$4,656
Jan 19992541,41210.381.90$5,319
Dec 19985051,4769.201.77$7,263
Nov 19982531,49310.892.19$6,018
Oct 19982551,71012.421.97$6,534
Sep 19985141,87112.592.08$10,368
Aug 19982561,43011.301.91$5,620
Jul 19982551,00111.742.24$5,233
Jun 19982501,56011.242.24$6,300
May 19985062,07112.622.21$10,955
Apr 19982561,76113.042.51$7,750
Mar 19985131,41412.802.31$9,832
Feb 199825592613.952.30$5,686
Jan 19982541,11514.702.15$6,136
Dec 19975081,55616.322.41$12,042
Nov 19972571,79818.193.09$10,228
Oct 19975111,49519.253.15$14,546
Sep 19972551,75917.742.95$9,721
Aug 19975101,71117.862.55$13,480
Jul 19972571,68517.582.25$8,304
Jun 19975091,87417.242.26$13,005
May 19975111,72318.972.31$13,671
Apr 19972591,57217.882.08$7,905
Mar 19975301,93718.951.94$13,800
Feb 19972561,54020.492.21$8,643
Jan 19975051,66323.483.54$17,744
Dec 19962561,96823.32$5,970
Nov 19965111,88121.97$11,227
Oct 19962571,70723.31$5,991
Sep 19965162,01422.22$11,466
Aug 19962562,06420.26$5,187
Jul 19965312,01019.55$10,381
Jun 19965111,84818.73$9,571
May 19965252,40819.43$10,201
Apr 19962632,77821.51$5,657
Mar 19965112,90719.38$9,903
Feb 19965182,68116.98$8,796
Jan 19967732,76717.07$13,195
Dec 19955052,94617.19$8,681
Nov 19955172,16416.00$8,272
Oct 19955032,17915.43$7,761
Sep 19955121,87616.18$8,284
Aug 19957722,28715.92$12,290
Jul 19956102,25815.24$9,296
Jun 19953191,53616.41$5,235
May 19952561,86617.56$4,495
Apr 19952571,85417.73$4,557
Mar 19955321,75816.44$8,746
Feb 19952591,77216.58$4,294
Jan 19954761,97415.92$7,578
Dec 199425798115.03$3,863
Nov 19945351,79815.90$8,507
Oct 19942642,29615.58$4,113
Sep 19945382,15615.29$8,226
Aug 19942611,68916.13$4,210
Jul 19945191,42217.56$9,114
Jun 19942571,29017.09$4,392
May 19945281,10915.88$8,385
Apr 19942611,51614.14$3,691
Mar 19945252,06612.46$6,542
Feb 19942591,44712.50$3,238
Jan 19945271,54112.66$6,672
Dec 19935232,16612.33$6,449
Nov 19932682,61214.49$3,883
Oct 19935292,86915.85$8,385
Sep 19935232,80015.03$7,861
Aug 19935173,00915.66$8,096
Jul 19935132,79015.46$7,931
Jun 19935163,22516.79$8,664
May 19935331,59117.68$9,423
Apr 19935302,23718.05$9,567
Mar 19935192,39418.14$9,415
Feb 19935322,45717.90$9,523
Jan 19935232,27916.93$8,854

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.

Mar 2026 — as filed, then multipliedworked
Oil                  168 bbl  × $ 89.75 =    $15,078
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $15,078

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/553 is the state's own key, not one this site invented.