SAUNDERS -B-

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 554District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$5.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$54 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
NGPA5none

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
OilDisposition110,391 bbl$5,543,064
Casinghead gasProduction26,973 Mcf$81,850
Total$5,624,914

9,983 Mcf of this lease's gas, across 46 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 (17)

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 35.4481, -100.7486. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles. 1 well has no surveyed location and is left out of it.

35.44818, -100.74858 · centre of 16 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
47.1%
8 of 17 wells
With a plug date
47.1%
8 of 17 wells
Median depth
2,899 ft
17 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
847.1%
A plug date is filed
847.1%
BothOn the schedule and plugged. Neither fact cancels the other.
847.1%
NeitherNo plug date, and not on the schedule.
952.9%

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, 17 of 17 wells. Median 2,899 ft, with the middle half between 2,842 and 2,965 ft; the shallowest is 235 ft and the deepest 3,002 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, 9 of 17 wells, Mar 1935 – Oct 2017. 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 1935 – Oct 2017
9 of 17 wells; 8 filed none
Plug dates filed
Apr 1988 – May 2012
8 of 17 wells; 9 filed none

17 wells

42-1790081511W2,975 ftApr 1988Yes
42-17900817132,965 ftJul 1989Yes
42-1790266882,917 ftMay 2012Yes
42-1790268332,874 ftOct 2009Yes
42-179026844W2,915 ftJul 1989Yes
42-1790268552,899 ftMay 2012Yes
42-179026877W2,929 ftMar 2007Yes
42-1790828215WS235 ftSep 1995Yes
42-17920075162,758 ftOct 2017
42-17932153172,860 ftMar 1996
42-1790081814W2,966 ftMar 1967
42-17900816122,975 ftJul 1956
42-17900814103,002 ftFeb 1956
42-1790268992,841 ftMay 1949
42-1790268662,824 ftOct 1948
42-1790268222,850 ftJun 1936
42-1790268012,842 ftMar 1935

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 202686098.932.87$8,508
Mar 202665089.753.15$5,834
Feb 202669063.503.75$4,382
Jan 20260059.138.00$0
Dec 2025112056.664.41$6,346
Nov 202564058.593.93$3,750
Oct 202586059.383.30$5,107
Sep 202589062.743.08$5,584
Aug 202545063.933.01$2,877
Jul 202590066.743.32$6,007
Jun 202589066.483.13$5,917
May 2025114060.553.23$6,903
Apr 202588062.363.54$5,488
Mar 2025111067.704.27$7,515
Feb 202589070.884.34$6,308
Jan 2025117074.324.28$8,695
Dec 2024134068.993.12$9,245
Nov 202486069.052.20$5,938
Oct 2024112071.372.28$7,993
Sep 202485069.612.36$5,917
Aug 202488075.632.06$6,655
Jul 202442079.932.15$3,357
Jun 202466078.082.63$5,153
May 202486078.812.20$6,778
Apr 2024111084.451.66$9,374
Mar 2024112080.301.55$8,994
Feb 202488076.091.78$6,696
Jan 2024112073.023.30$8,178
Dec 202388071.262.61$6,271
Nov 2023129077.892.81$10,048
Oct 2023115085.443.09$9,826
Sep 2023109089.042.74$9,705
Aug 2023152080.522.67$12,239
Jul 2023113074.852.64$8,458
Jun 2023107068.962.26$7,379
May 2023132070.622.23$9,322
Apr 2023111078.122.24$8,671
Mar 2023136072.852.39$9,908
Feb 2023117075.112.47$8,788
Jan 2023111076.533.39$8,495
Dec 2022114076.415.73$8,711
Nov 2022114085.005.65$9,690
Oct 2022132087.185.86$11,508
Sep 2022160084.888.16$13,581
Aug 2022140094.529.13$13,233
Jul 20221370101.587.54$13,916
Jun 20221170115.097.98$13,466
May 20221810109.378.43$19,796
Apr 20221790104.226.84$18,655
Mar 20221620108.885.08$17,639
Feb 2022139091.054.86$12,656
Jan 2022170081.844.54$13,913
Dec 202187071.323.90$6,205
Nov 202166077.435.24$5,110
Oct 2021101079.795.71$8,059
Sep 202189069.865.35$6,218
Aug 2021123066.024.22$8,120
Jul 202131070.783.98$2,194
Jun 202189569.493.38$6,202
May 2021626563.483.02$4,132
Apr 2021583960.362.76$3,608
Mar 20211265861.302.72$7,881
Feb 2021643557.805.55$3,893
Jan 20211046650.412.81$5,428
Dec 20201317044.642.68$6,035
Nov 2020995038.772.71$3,974
Oct 20201335036.972.48$5,041
Sep 2020334037.091.99$1,304
Aug 20201043839.982.39$4,249
Jul 20201881938.371.83$7,248
Jun 2020165034.901.69$5,759
May 2020123016.921.81$2,081
Apr 2020199014.751.80$2,935
Mar 2020153030.341.86$4,642
Feb 2020154049.881.98$7,682
Jan 2020154057.252.09$8,817
Dec 2019230059.012.30$13,572
Nov 2019118055.302.75$6,525
Oct 2019119053.472.42$6,363
Sep 2019165055.052.66$9,083
Aug 2019200053.112.30$10,622
Jul 20192972856.272.46$16,781
Jun 20192603552.782.49$13,810
May 20192533358.482.74$14,886
Apr 20192002862.632.75$12,603
Mar 20191883356.803.06$10,779
Feb 20192533050.852.79$12,949
Jan 20192522846.033.23$11,690
Dec 20182043046.594.19$9,630
Nov 20183123052.934.24$16,641
Oct 20182052661.443.40$12,684
Sep 20182802159.543.11$16,736
Aug 20181702659.403.07$10,178
Jul 20183613065.142.93$23,604
Jun 20182203060.183.08$13,332
May 20181113565.382.90$7,359
Apr 20182172063.842.90$13,911
Mar 20181592361.222.79$9,798
Feb 20182171261.782.77$13,439
Jan 20182782462.874.01$17,574
Dec 20171703257.272.92$9,829
Nov 20171792855.423.12$10,007
Oct 20172373249.292.98$11,777
Sep 20172302847.523.09$11,016
Aug 20172212845.373.00$10,111
Jul 20173822843.873.09$16,845
Jun 20172222842.493.09$9,519
May 20172632445.373.26$12,011
Apr 2017131547.933.21$6,295
Mar 20172211846.772.98$10,390
Feb 20172902950.452.95$14,716
Jan 20172483049.413.42$12,356
Dec 2016234748.763.72$11,436
Nov 2016205942.492.64$8,734
Oct 20161931846.193.09$8,970
Sep 2016193941.553.10$8,047
Aug 2016121741.442.92$5,035
Jul 20161425041.622.92$6,056
Jun 20163495745.352.69$15,980
May 20161121542.521.99$4,792
Apr 20162942536.561.99$10,798
Mar 20162924333.011.79$9,716
Feb 2016227026.472.06$6,009
Jan 2016267027.352.36$7,302
Dec 2015269032.362.00$8,705
Nov 2015918438.792.17$3,712
Oct 20153007543.552.43$13,247
Sep 201520910842.992.76$9,283
Aug 20152219140.162.87$9,137
Jul 201537212148.152.95$18,268
Jun 201531212056.152.88$17,865
May 20152131655.212.96$11,807
Apr 20152632249.822.71$13,162
Mar 20152501442.892.93$10,764
Feb 20152601444.662.98$11,653
Jan 20152771343.433.10$12,070
Dec 20143132354.693.59$17,201
Nov 20143281670.464.25$23,179
Oct 20143674778.303.90$28,919
Sep 20143493586.164.05$30,211
Aug 20142733789.394.04$24,553
Jul 20144144696.564.18$40,168
Jun 20143276798.164.74$32,416
May 20144384594.734.73$41,704
Apr 2014450095.944.81$43,173
Mar 2014185095.895.06$17,740
Feb 2014289097.406.19$28,149
Jan 2014482090.404.86$43,573
Dec 2013352091.824.35$32,321
Nov 2013249088.853.74$22,124
Oct 2013403097.423.78$39,260
Sep 20132990104.113.72$31,129
Aug 20133310104.253.52$34,507
Jul 20133318102.523.72$33,964
Jun 20132341694.403.93$22,153
May 20133841694.834.15$36,481
Apr 2013274893.964.28$25,779
Mar 2013324893.623.91$30,364
Feb 2013280891.233.42$25,572
Jan 20133681691.603.42$33,764
Dec 20123731686.773.42$32,420
Nov 2012234086.953.62$20,346
Oct 2012345089.383.40$30,836
Sep 20123321694.672.92$31,477
Aug 20123671692.662.91$34,053
Jul 2012283085.133.02$24,092
Jun 2012428879.822.52$34,183
May 20123321691.612.49$30,454
Apr 20124448101.652.00$45,149
Mar 20123938105.052.22$41,302
Feb 201230510101.102.57$30,861
Jan 20123603298.092.73$35,400
Dec 20113627896.873.24$35,320
Nov 201128313695.723.31$27,539
Oct 201145111284.983.65$38,735
Sep 201134215283.623.99$29,204
Aug 201143615883.404.15$37,018
Jul 201137815294.144.52$36,272
Jun 201132815492.904.64$31,186
May 201145414498.134.40$45,185
Apr 2011396152105.964.33$42,619
Mar 201140812696.364.06$39,826
Feb 20112836285.644.18$24,495
Jan 201145113486.504.59$39,626
Dec 201038813485.734.35$33,846
Nov 201039811280.843.80$32,599
Oct 20104107278.103.51$32,274
Sep 201041614472.633.98$30,787
Aug 201047919273.684.42$36,141
Jul 201050318272.554.74$37,355
Jun 201036019270.364.91$26,272
May 201044917671.124.24$32,678
Apr 201044116681.694.12$36,710
Mar 201038515478.394.39$30,856
Feb 201047316873.585.44$35,718
Jan 201026612674.365.96$20,531
Dec 200941418271.445.48$30,574
Nov 200941618674.593.75$31,727
Oct 200948419572.544.11$35,911
Sep 200942116265.543.06$28,089
Aug 200947718767.423.22$32,761
Jul 200935420061.133.46$22,333
Jun 200954021566.163.90$36,564
May 200939816354.743.93$22,426
Apr 200945315846.773.59$21,754
Mar 200939515842.144.06$17,287
Feb 200928313432.814.63$9,906
Jan 200940514835.865.37$15,318
Dec 200839715637.105.98$15,661
Nov 200833717355.496.86$19,887
Oct 200840321975.246.92$31,838
Sep 2008393159101.767.88$41,244
Aug 2008457191114.228.48$53,819
Jul 2008436180131.0811.39$59,201
Jun 2008480121131.3313.03$64,615
May 2008618189123.1711.57$78,307
Apr 2008478202110.3110.45$54,840
Mar 2008465174101.909.66$49,065
Feb 20084749292.538.77$44,666
Jan 20083452090.388.21$31,345
Dec 20074119688.337.30$37,005
Nov 20074688991.677.29$43,551
Oct 200751814182.856.92$43,892
Sep 200765813875.846.24$50,764
Aug 200755612769.066.39$39,209
Jul 200750014670.906.39$36,383
Jun 200749517062.007.55$31,973
May 200742516558.747.85$26,259
Apr 200747414259.617.81$29,363
Mar 200744115356.927.30$26,219
Feb 20071093555.108.22$6,293
Jan 20072005450.306.73$10,423
Dec 20061715156.656.92$10,040
Nov 20062349454.207.62$13,399
Oct 20062297054.906.01$12,993
Sep 20062036260.085.04$12,509
Aug 20061948068.717.34$13,917
Jul 20062329069.376.34$16,665
Jun 20062018466.286.38$13,859
May 20062039666.016.42$14,017
Apr 20062017564.397.36$13,494
Mar 20061737756.707.08$10,354
Feb 20061466157.597.75$8,881
Jan 20062037360.598.93$12,952
Dec 20051806854.9413.42$10,801
Nov 20051787754.6910.59$10,550
Oct 20051485258.3413.80$9,352
Sep 20051765761.4512.08$11,504
Aug 20051764961.519.80$11,306
Jul 20051766055.697.84$10,272
Jun 20051756552.337.38$9,638
May 20051786845.226.65$8,501
Apr 20051796649.207.36$9,293
Mar 20051957250.377.15$10,337
Feb 20051486945.226.31$7,128
Jan 20051478343.166.32$6,869
Dec 20041206039.866.75$5,188
Nov 2004177045.286.33$8,015
Oct 2004175049.706.52$8,698
Sep 2004119043.245.28$5,146
Aug 2004175042.375.55$7,415
Jul 2004170038.286.08$6,508
Jun 2004198036.106.43$7,148
May 2004173037.486.49$6,484
Apr 2004201034.475.86$6,928
Mar 2004196034.365.53$6,735
Feb 2004165032.455.51$5,354
Jan 2004175032.036.30$5,605
Dec 2003185030.266.30$5,598
Nov 2003129028.804.60$3,715
Oct 2003211028.174.76$5,944
Sep 2003109026.314.75$2,868
Aug 200384029.765.13$2,500
Jul 2003156029.415.17$4,588
Jun 2003184028.565.98$5,255
May 2003135026.595.97$3,590
Apr 2003153026.675.41$4,081
Mar 2003128031.146.10$3,986
Feb 2003127033.487.93$4,252
Jan 2003152030.315.58$4,607
Dec 2002152126.914.85$4,095
Nov 2002151124.664.14$3,728
Oct 2002151126.464.23$4,000
Sep 2002154127.443.64$4,229
Aug 2002190125.963.16$4,936
Jul 2002166124.583.06$4,083
Jun 2002194123.733.34$4,607
May 2002221124.663.58$5,453
Apr 2002136123.653.51$3,220
Mar 2002170122.003.10$3,743
Feb 2002142118.222.38$2,590
Jan 2002182117.172.38$3,127
Dec 2001179116.932.36$3,033
Nov 2001175118.072.41$3,165
Oct 2001199119.782.53$3,939
Sep 2001191124.262.25$4,636
Aug 2001205124.873.05$5,101
Jul 2001145123.933.20$3,473
Jun 2001143124.563.82$3,516
May 2001121125.524.31$3,092
Apr 2001123124.685.34$3,041
Mar 2001180124.545.38$4,423
Feb 2001149127.755.77$4,141
Jan 2001164127.478.40$4,513
Dec 2000183126.889.12$4,928
Nov 2000163032.215.66$5,250
Oct 2000163031.235.15$5,090
Sep 2000158031.875.19$5,035
Aug 2000190029.644.54$5,632
Jul 2000301028.534.09$8,588
Jun 2000236029.304.40$6,915
May 2000192027.263.68$5,234
Apr 2000240024.513.12$5,882
Mar 2000315028.422.86$8,952
Feb 2000242027.622.73$6,684
Jan 2000282025.272.48$7,126
Dec 1999335024.282.42$8,134
Nov 1999214023.192.43$4,963
Oct 1999263020.982.80$5,518
Sep 1999307021.752.62$6,677
Aug 1999265019.262.88$5,104
Jul 1999254017.892.37$4,544
Jun 1999294015.942.36$4,686
May 1999265015.792.32$4,184
Apr 1999287015.102.21$4,334
Mar 1999282012.471.84$3,517
Feb 199924509.981.82$2,445
Jan 1999237010.381.90$2,460
Dec 199827009.201.77$2,484
Nov 1998261010.892.19$2,842
Oct 1998375012.421.97$4,658
Sep 1998347012.592.08$4,369
Aug 1998296011.301.91$3,345
Jul 1998331011.742.24$3,886
Jun 1998327011.242.24$3,675
May 19983773112.622.21$4,826
Apr 199831627113.042.51$4,800
Mar 199832723412.802.31$4,726
Feb 199827214213.952.30$4,121
Jan 199842915214.702.15$6,634
Dec 199737419216.322.41$6,567
Nov 199745622418.193.09$8,986
Oct 199745819019.253.15$9,415
Sep 199748022017.742.95$9,165
Aug 199754220517.862.55$10,204
Jul 199755021317.582.25$10,148
Jun 199777822717.242.26$13,925
May 199785428618.972.31$16,861
Apr 199771629417.882.08$13,414
Mar 199764331218.951.94$12,790
Feb 199751219920.492.21$10,930
Jan 199759520523.483.54$14,696
Dec 199652421623.32$12,220
Nov 199652228321.97$11,468
Oct 199658625423.31$13,660
Sep 199656026022.22$12,443
Aug 199663527220.26$12,865
Jul 199665231819.55$12,747
Jun 199667931318.73$12,718
May 199671930919.43$13,970
Apr 199685034321.51$18,284
Mar 199673327619.38$14,206
Feb 199661413516.98$10,426
Jan 199655714617.07$9,508
Dec 199548525117.19$8,337
Nov 199553425616.00$8,544
Oct 199554329715.43$8,378
Sep 199538726316.18$6,262
Aug 199550719915.92$8,071
Jul 199512418015.24$1,890
Jun 199512217216.41$2,002
May 199512519617.56$2,195
Apr 19952079417.73$3,670
Mar 1995118016.44$1,940
Feb 1995161016.58$2,669
Jan 19954442615.92$7,068
Dec 199456413015.03$8,477
Nov 199449718015.90$7,902
Oct 199453218915.58$8,289
Sep 199442623015.29$6,514
Aug 199455124616.13$8,888
Jul 199453423217.56$9,377
Jun 199443122517.09$7,366
May 199443425115.88$6,892
Apr 199441724914.14$5,896
Mar 199440925512.46$5,096
Feb 199435913812.50$4,488
Jan 199450419312.66$6,381
Dec 199352717012.33$6,498
Nov 199314114214.49$2,043
Oct 199323221815.85$3,677
Sep 199346522315.03$6,989
Aug 199341824715.66$6,546
Jul 199342223315.46$6,524
Jun 199352025616.79$8,731
May 199349110817.68$8,681
Apr 199349925918.05$9,007
Mar 199344620718.14$8,090
Feb 199343516917.90$7,787
Jan 199340017416.93$6,772

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                   86 bbl  × $ 98.93 =     $8,508
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $8,508

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/554 is the state's own key, not one this site invented.