MAGIC

Operated by LARGE OPERATING LLC (P-5 486623) in the PANHANDLE CARSON COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5585District 10Field 68845001NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.6 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 580 leases and 3,796 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil and gas
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 40 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

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
OilDisposition46,521 bbl$1,206,888
Casinghead gasProduction122,460 Mcf$393,584
Total$1,600,471

31,902 Mcf of this lease's gas, across 47 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 (3)

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 35.5909, -101.2943. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

35.59115, -101.29454 · 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
33.3%
1 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
3,150 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
133.3%
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.
266.7%

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

Between 3,110 and 3,152 ft, median 3,150 ft, over the 3 wells that filed a depth.

Completions filed
Mar 1984 – Jun 1989
3 of 3 wells

3 wells

42-0653134923,152 ftJun 1989Yes
42-0653163243,110 ftMar 1984
42-0653163433,150 ftMar 1984

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 202254084.888.16$4,584
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 2021160069.493.38$11,118
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 2020016944.642.68$452
Nov 2020014238.772.71$384
Oct 2020020436.972.48$506
Sep 2020027037.091.99$538
Aug 2020029139.982.39$694
Jul 2020036838.371.83$672
Jun 2020034234.901.69$578
May 20200016.921.81$0
Apr 2020138014.751.80$2,036
Mar 202015421530.341.86$5,071
Feb 2020271049.881.98$13,517
Jan 2020298057.252.09$17,061
Dec 2019365059.012.30$21,539
Nov 201923217055.302.75$13,297
Oct 201906553.472.42$157
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 2019019156.272.46$470
Jun 2019021552.782.49$536
May 2019024858.482.74$680
Apr 2019020062.632.75$550
Mar 2019024056.803.06$735
Feb 2019026350.852.79$734
Jan 2019023646.033.23$762
Dec 2018022246.594.19$929
Nov 2018025152.934.24$1,064
Oct 2018029861.443.40$1,013
Sep 2018030959.543.11$960
Aug 20183633959.403.07$3,178
Jul 20185637865.142.93$4,756
Jun 20186535060.183.08$4,989
May 2018036065.382.90$1,044
Apr 2018036563.842.90$1,059
Mar 20186735961.222.79$5,102
Feb 2018028961.782.77$799
Jan 20183824962.874.01$3,387
Dec 20173323657.272.92$2,579
Nov 20174727255.423.12$3,453
Oct 201716533049.292.98$9,117
Sep 2017034647.523.09$1,068
Aug 2017034745.373.00$1,043
Jul 2017021543.873.09$664
Jun 2017018742.493.09$577
May 2017021645.373.26$705
Apr 201710120447.933.21$5,496
Mar 201703146.772.98$92
Feb 201704350.452.95$127
Jan 20170349.413.42$10
Dec 20160548.763.72$19
Nov 201601942.492.64$50
Oct 2016156046.193.09$7,206
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160142.521.99$2
Apr 20161671036.561.99$6,125
Mar 201605133.011.79$91
Feb 201606626.472.06$136
Jan 201607727.352.36$182
Dec 201516319932.362.00$5,673
Nov 2015025538.792.17$553
Oct 201516429043.552.43$7,846
Sep 2015029642.992.76$816
Aug 2015035340.162.87$1,014
Jul 2015033648.152.95$990
Jun 201516230356.152.88$9,970
May 2015032955.212.96$972
Apr 2015033249.822.71$899
Mar 2015028942.892.93$848
Feb 201516325044.662.98$8,024
Jan 2015017843.433.10$552
Dec 2014021154.693.59$758
Nov 2014029770.464.25$1,263
Oct 2014035478.303.90$1,381
Sep 201416635786.164.05$15,747
Aug 2014028189.394.04$1,134
Jul 2014063596.564.18$2,654
Jun 2014050798.164.74$2,402
May 2014028194.734.73$1,328
Apr 201416522395.944.81$16,903
Mar 2014014495.895.06$728
Feb 201408697.406.19$533
Jan 201416114590.404.86$15,259
Dec 2013015391.824.35$666
Nov 2013042888.853.74$1,600
Oct 201316348997.423.78$17,728
Sep 20130502104.113.72$1,866
Aug 20130530104.253.52$1,867
Jul 20130574102.523.72$2,134
Jun 201316340294.403.93$16,968
May 2013041494.834.15$1,718
Apr 2013035293.964.28$1,507
Mar 2013038893.623.91$1,518
Feb 2013032591.233.42$1,111
Jan 2013034091.603.42$1,163
Dec 2012033186.773.42$1,132
Nov 2012035786.953.62$1,294
Oct 201216542289.383.40$16,182
Sep 2012039194.672.92$1,141
Aug 2012039492.662.91$1,146
Jul 2012042285.133.02$1,275
Jun 2012033179.822.52$834
May 2012038691.612.49$960
Apr 2012160341101.652.00$16,945
Mar 20120417105.052.22$927
Feb 20120341101.102.57$876
Jan 2012034898.092.73$951
Dec 2011030096.873.24$972
Nov 2011040595.723.31$1,341
Oct 20110084.983.65$0
Sep 2011044783.623.99$1,782
Aug 2011044983.404.15$1,863
Jul 2011048494.144.52$2,186
Jun 2011046692.904.64$2,162
May 2011046398.134.40$2,039
Apr 2011166133105.964.33$18,166
Mar 2011052896.364.06$2,142
Feb 2011034185.644.18$1,425
Jan 2011036686.504.59$1,679
Dec 201016747085.734.35$16,360
Nov 2010038780.843.80$1,469
Oct 2010032478.103.51$1,137
Sep 2010050472.633.98$2,006
Aug 2010053373.684.42$2,356
Jul 2010045372.554.74$2,146
Jun 2010047470.364.91$2,328
May 201016449471.124.24$13,756
Apr 201016848781.694.12$15,732
Mar 2010046878.394.39$2,054
Feb 201016335373.585.44$13,915
Jan 2010032474.365.96$1,932
Dec 200917323271.445.48$13,631
Nov 2009036574.593.75$1,369
Oct 2009040072.544.11$1,644
Sep 2009039065.543.06$1,195
Aug 2009037267.423.22$1,197
Jul 2009037161.133.46$1,285
Jun 2009042266.163.90$1,644
May 2009045654.743.93$1,790
Apr 2009035046.773.59$1,256
Mar 2009039742.144.06$1,611
Feb 2009022132.814.63$1,024
Jan 2009047435.865.37$2,546
Dec 2008030037.105.98$1,793
Nov 200817730155.496.86$11,887
Oct 2008044075.246.92$3,046
Sep 20080403101.767.88$3,174
Aug 20080448114.228.48$3,800
Jul 20080280131.0811.39$3,189
Jun 20080269131.3313.03$3,506
May 2008183216123.1711.57$25,040
Apr 20080335110.3110.45$3,502
Mar 20080356101.909.66$3,440
Feb 2008033092.538.77$2,894
Jan 2008031290.388.21$2,560
Dec 2007030288.337.30$2,205
Nov 2007036591.677.29$2,661
Oct 2007046282.856.92$3,198
Sep 2007042275.846.24$2,635
Aug 200717911869.066.39$13,116
Jul 2007034170.906.39$2,178
Jun 2007026562.007.55$2,000
May 2007023058.747.85$1,805
Apr 2007018459.617.81$1,436
Mar 2007032756.927.30$2,388
Feb 200716923155.108.22$11,210
Jan 200702050.306.73$135
Dec 2006015156.656.92$1,045
Nov 200616925854.207.62$11,125
Oct 2006036154.906.01$2,171
Sep 2006025860.085.04$1,300
Aug 2006037668.717.34$2,760
Jul 200618127169.376.34$14,275
Jun 2006019966.286.38$1,270
May 2006024266.016.42$1,555
Apr 2006016664.397.36$1,222
Mar 2006015256.707.08$1,077
Feb 200617121257.597.75$11,491
Jan 2006033660.598.93$3,002
Dec 2005024754.9413.42$3,314
Nov 2005033454.6910.59$3,537
Oct 200517238658.3413.80$15,360
Sep 2005035961.4512.08$4,336
Aug 2005034461.519.80$3,370
Jul 200517739455.697.84$12,948
Jun 2005032952.337.38$2,428
May 2005026145.226.65$1,736
Apr 200517542249.207.36$11,716
Mar 2005043550.377.15$3,112
Feb 2005039645.226.31$2,500
Jan 200534532143.166.32$16,920
Dec 2004025639.866.75$1,728
Nov 2004056845.286.33$3,596
Oct 200418183249.706.52$14,416
Sep 2004089343.245.28$4,719
Aug 2004058842.375.55$3,264
Jul 200417582538.286.08$11,718
Jun 2004096536.106.43$6,208
May 2004061337.486.49$3,981
Apr 200417875134.475.86$10,535
Mar 2004096734.365.53$5,348
Feb 2004024132.455.51$1,328
Jan 200417971732.036.30$10,250
Dec 200303330.266.30$208
Nov 200318619428.804.60$6,248
Oct 2003042128.174.76$2,004
Sep 2003082926.314.75$3,937
Aug 200317343829.765.13$7,395
Jul 2003013729.415.17$708
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 2002181024.664.14$4,463
Oct 20020026.464.23$0
Sep 2002179027.443.64$4,912
Aug 2002179025.963.16$4,647
Jul 2002175024.583.06$4,302
Jun 2002177023.733.34$4,200
May 2002178024.663.58$4,389
Apr 2002181023.653.51$4,281
Mar 2002364022.003.10$8,008
Feb 2002181018.222.38$3,298
Jan 200217514217.172.38$3,342
Dec 200117840816.932.36$3,978
Nov 2001043018.072.41$1,034
Oct 200117439419.782.53$4,438
Sep 200117520724.262.25$4,712
Aug 200118013824.873.05$4,898
Jul 200117816223.933.20$4,777
Jun 20011716224.563.82$4,437
May 20011794425.524.31$4,758
Apr 200118010424.685.34$4,997
Mar 200117319224.545.38$5,278
Feb 200117853927.755.77$8,048
Jan 200117920527.478.40$6,639
Dec 20001691826.889.12$4,707
Nov 200017921532.215.66$6,982
Oct 200017341731.235.15$7,548
Sep 200017725231.875.19$6,948
Aug 200018245729.644.54$7,470
Jul 200017545828.534.09$6,866
Jun 200018065729.304.40$8,163
May 200018277427.263.68$7,809
Apr 200017967224.513.12$6,481
Mar 200035688628.422.86$12,651
Feb 200017855427.622.73$6,427
Jan 2000348025.272.48$8,794
Dec 1999020124.282.42$487
Nov 199918174823.192.43$6,018
Oct 199918582020.982.80$6,180
Sep 199935354021.752.62$9,092
Aug 199917844419.262.88$4,705
Jul 199918039417.892.37$4,155
Jun 199917555615.942.36$4,103
May 199918146215.792.32$3,930
Apr 1999355015.102.21$5,361
Mar 19991755812.471.84$2,289
Feb 19993425309.981.82$4,377
Jan 199917674810.381.90$3,248
Dec 19983564079.201.77$3,997
Nov 199817157210.892.19$3,112
Oct 199836181412.421.97$6,087
Sep 199816571612.592.08$3,569
Aug 199851644411.301.91$6,678
Jul 199834442611.742.24$4,992
Jun 199835318711.242.24$4,386
May 199818126312.622.21$2,864
Apr 199835537413.042.51$5,566
Mar 199835113912.802.31$4,814
Feb 199816610313.952.30$2,553
Jan 199834144714.702.15$5,976
Dec 199734475816.322.41$7,442
Nov 199716724918.193.09$3,807
Oct 199752934319.253.15$11,264
Sep 199717235817.742.95$4,109
Aug 199734045117.862.55$7,225
Jul 199733938017.582.25$6,813
Jun 199733225417.242.26$6,297
May 199734275318.972.31$8,226
Apr 199734266517.882.08$7,500
Mar 199734170018.951.94$7,819
Feb 199734961520.492.21$8,508
Jan 199735084823.483.54$11,220
Dec 199652884923.32$12,313
Nov 199634579021.97$7,580
Oct 199651182323.31$11,911
Sep 199617193422.22$3,800
Aug 199652977620.26$10,718
Jul 199634795619.55$6,784
Jun 199652384118.73$9,796
May 199634274519.43$6,645
Apr 199651983421.51$11,164
Mar 19965241,06019.38$10,155
Feb 19963499316.98$5,926
Jan 199653048717.07$9,047
Dec 199534528417.19$5,931
Nov 19955247616.00$8,384
Oct 199535087315.43$5,401
Sep 19955151,06116.18$8,333
Aug 19955161,22815.92$8,215
Jul 199552290915.24$7,955
Jun 199569480716.41$11,389
May 19955261,05917.56$9,237
Apr 199550994717.73$9,025
Mar 199551781716.44$8,499
Feb 199550973416.58$8,439
Jan 199551859415.92$8,247
Dec 199470446515.03$10,581
Nov 1994528015.90$8,395
Oct 19947112015.58$11,077
Sep 1994532115.29$8,134
Aug 199454056016.13$8,710
Jul 19945261,09117.56$9,237
Jun 19945321,05617.09$9,092
May 199472089315.88$11,434
Apr 1994010714.14$0
Mar 1994354112.46$4,411
Feb 19943013212.50$3,763
Jan 199434410412.66$4,355
Dec 199317662912.33$2,170
Nov 199334049414.49$4,927
Oct 199352746315.85$8,353
Sep 19931751,12615.03$2,630
Aug 19935261,26815.66$8,237
Jul 19933611,04915.46$5,581
Jun 199353482216.79$8,966
May 199335764417.68$6,312
Apr 199336184018.05$6,516
Mar 199336196018.14$6,549
Feb 199334844117.90$6,229
Jan 199335025916.93$5,926

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.

Sep 2022 — as filed, then multipliedworked
Oil                   54 bbl  × $ 84.88 =     $4,584
Casinghead gas         0 Mcf  × $  8.16 =         $0

────────────────────────────────────────────────────
Month total                                   $4,584

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/5585 is the state's own key, not one this site invented.