MCLAUGHLIN

Operated by PONDEROSA TX OPERATING LLC (P-5 670097) 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 577District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$3.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$31 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
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
OilDisposition58,400 bbl$1,978,927
Casinghead gasProduction434,466 Mcf$1,382,338
Total$3,361,265

116,350 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 (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 35.4304, -100.8595. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

35.43084, -100.85796 · 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
14.3%
1 of 7 wells
With a plug date
0.0%
0 of 7 wells
Median depth
3,215 ft
7 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
114.3%
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.
685.7%

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 3,056 and 3,409 ft, median 3,215 ft, over the 7 wells that filed a depth.

Completions filed
Sep 1980 – May 2001
5 of 7 wells; 2 filed none

7 wells

42-1798291813,100 ft
42-1798291933,387 ft
42-17932296203,195 ftMay 2001Yes
42-1798292043,056 ftJul 1981
42-17930860103,409 ftApr 1981
42-1793084783,409 ftMar 1981
42-1793077273,215 ftSep 1980

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 2026012898.932.87$367
Mar 2026026489.753.15$831
Feb 2026028563.503.75$1,069
Jan 2026021659.138.00$1,728
Dec 2025025456.664.41$1,121
Nov 20259526058.593.93$6,587
Oct 2025037859.383.30$1,249
Sep 20258837462.743.08$6,672
Aug 2025036663.933.01$1,103
Jul 2025017166.743.32$567
Jun 202512431666.483.13$9,232
May 2025034860.553.23$1,125
Apr 202516637062.363.54$11,663
Mar 2025029067.704.27$1,238
Feb 2025023770.884.34$1,029
Jan 2025022374.324.28$954
Dec 202413235568.993.12$10,215
Nov 2024016569.052.20$363
Oct 2024035971.372.28$819
Sep 2024041269.612.36$974
Aug 202413344075.632.06$10,967
Jul 2024046379.932.15$994
Jun 2024043578.082.63$1,146
May 20248345578.812.20$7,542
Apr 2024040184.451.66$665
Mar 20244132880.301.55$3,799
Feb 2024028176.091.78$501
Jan 2024019873.023.30$653
Dec 2023023171.262.61$603
Nov 20239129677.892.81$7,919
Oct 2023033185.443.09$1,022
Sep 2023035889.042.74$979
Aug 202312136780.522.67$10,724
Jul 2023046574.852.64$1,228
Jun 2023040968.962.26$924
May 20239945870.622.23$8,012
Apr 2023044478.122.24$994
Mar 20237047972.852.39$6,246
Feb 20236618675.112.47$5,416
Jan 202311524276.533.39$9,621
Dec 2022019176.415.73$1,094
Nov 202210232085.005.65$10,477
Oct 202211534587.185.86$12,049
Sep 202212335884.888.16$13,363
Aug 2022045294.529.13$4,125
Jul 202274555101.587.54$11,703
Jun 20220409115.097.98$3,263
May 202266464109.378.43$11,131
Apr 2022130444104.226.84$16,584
Mar 20220314108.885.08$1,594
Feb 202215825491.054.86$15,620
Jan 2022032281.844.54$1,461
Dec 2021030471.323.90$1,185
Nov 202111238977.435.24$10,709
Oct 2021038179.795.71$2,177
Sep 20218942569.865.35$8,492
Aug 2021046466.024.22$1,958
Jul 202111351470.783.98$10,045
Jun 2021047169.493.38$1,592
May 202113653563.483.02$10,248
Apr 2021027060.362.76$745
Mar 202115829361.302.72$10,481
Feb 2021011157.805.55$616
Jan 2021036750.412.81$1,031
Dec 202018216944.642.68$8,577
Nov 2020033938.772.71$918
Oct 2020025236.972.48$625
Sep 20206624037.091.99$2,926
Aug 2020033039.982.39$787
Jul 2020036438.371.83$664
Jun 2020041834.901.69$707
May 2020028616.921.81$519
Apr 202015833914.751.80$2,942
Mar 2020036330.341.86$674
Feb 2020025449.881.98$503
Jan 2020034857.252.09$729
Dec 201916932659.012.30$10,724
Nov 2019031055.302.75$853
Oct 2019014353.472.42$346
Sep 2019038755.052.66$1,028
Aug 2019035553.112.30$818
Jul 20190056.272.46$0
Jun 201916038252.782.49$9,396
May 2019039558.482.74$1,082
Apr 2019030762.632.75$844
Mar 2019039656.803.06$1,213
Feb 201916927050.852.79$9,348
Jan 2019035446.033.23$1,143
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018042061.443.40$1,427
Sep 201817043959.543.11$11,486
Aug 2018028559.403.07$874
Jul 2018045065.142.93$1,319
Jun 2018041860.183.08$1,286
May 2018039665.382.90$1,149
Apr 201817742663.842.90$12,535
Mar 2018039161.222.79$1,090
Feb 2018034961.782.77$965
Jan 2018035962.874.01$1,439
Dec 2017032957.272.92$961
Nov 201717735755.423.12$10,923
Oct 2017039449.292.98$1,176
Sep 2017039547.523.09$1,219
Aug 2017041345.373.00$1,241
Jul 2017039443.873.09$1,216
Jun 2017049142.493.09$1,516
May 2017021745.373.26$708
Apr 2017035847.933.21$1,150
Mar 201717339346.772.98$9,264
Feb 2017036550.452.95$1,078
Jan 2017035149.413.42$1,200
Dec 2016031348.763.72$1,165
Nov 2016036842.492.64$973
Oct 2016036946.193.09$1,140
Sep 2016038941.553.10$1,206
Aug 2016037941.442.92$1,108
Jul 2016047141.622.92$1,377
Jun 2016039045.352.69$1,047
May 201607142.521.99$141
Apr 2016018936.561.99$376
Mar 2016041133.011.79$737
Feb 201617338126.472.06$5,366
Jan 2016025927.352.36$612
Dec 2015029932.362.00$598
Nov 2015034738.792.17$752
Oct 2015038343.552.43$929
Sep 2015038142.992.76$1,051
Aug 2015052640.162.87$1,511
Jul 2015051648.152.95$1,520
Jun 2015043656.152.88$1,257
May 2015053955.212.96$1,593
Apr 201517554449.822.71$10,191
Mar 2015055942.892.93$1,641
Feb 2015051344.662.98$1,527
Jan 2015040543.433.10$1,256
Dec 2014056354.693.59$2,022
Nov 201417466070.464.25$15,066
Oct 2014039978.303.90$1,556
Sep 2014062786.164.05$2,536
Aug 2014064189.394.04$2,587
Jul 201416571496.564.18$18,917
Jun 2014064598.164.74$3,055
May 201417678994.734.73$20,402
Apr 2014061895.944.81$2,972
Mar 2014075395.895.06$3,808
Feb 201416755697.406.19$19,709
Jan 2014081990.404.86$3,981
Dec 201316874891.824.35$18,683
Nov 2013069088.853.74$2,579
Oct 2013073997.423.78$2,793
Sep 20130772104.113.72$2,870
Aug 2013175657104.253.52$20,558
Jul 20130610102.523.72$2,268
Jun 2013051394.403.93$2,018
May 201317870794.834.15$19,813
Apr 201317881393.964.28$20,207
Mar 2013080793.623.91$3,158
Feb 2013055191.233.42$1,884
Jan 2013083991.603.42$2,869
Dec 201218560086.773.42$18,105
Nov 2012070086.953.62$2,537
Oct 201217876689.383.40$18,514
Sep 2012074394.672.92$2,168
Aug 2012074292.662.91$2,158
Jul 201217575585.133.02$17,178
Jun 2012073179.822.52$1,841
May 201217368991.612.49$17,563
Apr 20120689101.652.00$1,376
Mar 2012176744105.052.22$20,142
Feb 2012176618101.102.57$19,382
Jan 2012074298.092.73$2,029
Dec 2011048396.873.24$1,565
Nov 201117577195.723.31$19,304
Oct 201117487184.983.65$17,964
Sep 2011087783.623.99$3,496
Aug 201117394283.404.15$18,337
Jul 2011094594.144.52$4,269
Jun 201117783592.904.64$20,318
May 201117693698.134.40$21,394
Apr 20110434105.964.33$1,881
Mar 20111791,10896.364.06$21,744
Feb 2011057785.644.18$2,412
Jan 2011053186.504.59$2,437
Dec 201016577085.734.35$17,493
Nov 2010056180.843.80$2,129
Oct 201016885378.103.51$16,114
Sep 2010093372.633.98$3,713
Aug 2010071273.684.42$3,147
Jul 201017243772.554.74$14,548
Jun 2010085070.364.91$4,174
May 2010090471.124.24$3,829
Apr 201017891181.694.12$18,297
Mar 2010080078.394.39$3,511
Feb 2010077073.585.44$4,191
Jan 201017195674.365.96$18,417
Dec 2009088971.445.48$4,875
Nov 200917494074.593.75$16,505
Oct 2009094972.544.11$3,901
Sep 2009082065.543.06$2,513
Aug 200917899567.423.22$15,203
Jul 200901,02561.133.46$3,551
Jun 200901,02266.163.90$3,981
May 20091831,03954.743.93$14,096
Apr 2009096046.773.59$3,444
Mar 200917594342.144.06$11,202
Feb 200917583432.814.63$9,606
Jan 2009098835.865.37$5,307
Dec 20081811,05437.105.98$13,015
Nov 200801,00955.496.86$6,922
Oct 2008099675.246.92$6,894
Sep 20081711,052101.767.88$25,688
Aug 20080843114.228.48$7,151
Jul 20081791,105131.0811.39$36,049
Jun 20081761,023131.3313.03$36,446
May 200801,051123.1711.57$12,165
Apr 20081771,043110.3110.45$30,429
Mar 200801,082101.909.66$10,457
Feb 20081761,04592.538.77$25,451
Jan 200801,10190.388.21$9,035
Dec 20071811,08588.337.30$23,910
Nov 200717796991.677.29$23,291
Oct 200701,15982.856.92$8,023
Sep 20071771,09475.846.24$20,255
Aug 20071771,03469.066.39$18,829
Jul 200701,16270.906.39$7,423
Jun 20071771,17062.007.55$19,806
May 200701,03358.747.85$8,105
Apr 200717897959.617.81$18,252
Mar 20071791,04256.927.30$17,797
Feb 200701,00955.108.22$8,290
Jan 200701,07850.306.73$7,252
Dec 20061741,09756.656.92$17,447
Nov 2006088654.207.62$6,749
Oct 200618294154.906.01$15,651
Sep 20061761,15960.085.04$16,412
Aug 200601,14568.717.34$8,404
Jul 20063361,13769.376.34$30,520
Jun 20061751,13866.286.38$18,864
May 20061781,36366.016.42$20,507
Apr 200601,31864.397.36$9,701
Mar 20061851,06656.707.08$18,040
Feb 200617897357.597.75$17,793
Jan 20061771,00460.598.93$19,693
Dec 20051781,03854.9413.42$23,705
Nov 200517796654.6910.59$19,909
Oct 20051771,09158.3413.80$25,377
Sep 2005037461.4512.08$4,518
Aug 20051771,15161.519.80$22,163
Jul 20051791,25455.697.84$19,804
Jun 20051771,25952.337.38$18,555
May 200501,27645.226.65$8,487
Apr 20051811,24549.207.36$18,069
Mar 20051811,23350.377.15$17,939
Feb 20051821,07045.226.31$14,984
Jan 20051761,15943.166.32$14,924
Dec 20041801,30839.866.75$16,005
Nov 200401,29545.286.33$8,198
Oct 20041731,25149.706.52$16,748
Sep 20041731,24643.245.28$14,064
Aug 200401,31042.375.55$7,271
Jul 20041681,36838.286.08$14,754
Jun 20041701,43036.106.43$15,336
May 20041771,53337.486.49$16,590
Apr 20041541,42734.475.86$13,668
Mar 20041721,50034.365.53$14,205
Feb 20041761,47632.455.51$13,843
Jan 20041771,50032.036.30$15,119
Dec 20033631,51230.266.30$20,512
Nov 20031811,43328.804.60$11,798
Oct 20031801,51528.174.76$12,281
Sep 20033631,34126.314.75$15,919
Aug 20033611,30929.765.13$17,458
Jul 20031801,38329.415.17$12,445
Jun 20031781,32228.565.98$12,993
May 20031781,37126.595.97$12,922
Apr 20033581,00226.675.41$14,966
Mar 20031791,45631.146.10$14,450
Feb 20031841,14933.487.93$15,267
Jan 200301,25930.315.58$7,028
Dec 20023551,37626.914.85$16,232
Nov 200201,44724.664.14$5,986
Oct 20021831,52726.464.23$11,300
Sep 20021831,51527.443.64$10,529
Aug 20021761,46525.963.16$9,204
Jul 200201,48824.583.06$4,556
Jun 20021761,36523.733.34$8,733
May 20021671,48224.663.58$9,430
Apr 20021761,46323.653.51$9,301
Mar 20021831,51022.003.10$8,711
Feb 20021781,35918.222.38$6,472
Jan 20021771,47417.172.38$6,541
Dec 20013561,50416.932.36$9,583
Nov 20011801,61018.072.41$7,125
Oct 20011831,62719.782.53$7,734
Sep 200101,56224.262.25$3,517
Aug 20011821,69924.873.05$9,714
Jul 20011821,71523.933.20$9,838
Jun 20011791,66124.563.82$10,748
May 20011831,57825.524.31$11,467
Apr 20011781,69224.685.34$13,420
Mar 20011811,73924.545.38$13,791
Feb 20011811,63827.755.77$14,469
Jan 200101,58127.478.40$13,278
Dec 20001771,56426.889.12$19,025
Nov 20001821,71232.215.66$15,549
Oct 20001811,84031.235.15$15,120
Sep 20001821,80131.875.19$15,141
Aug 20003621,90029.644.54$19,357
Jul 20001791,92628.534.09$12,984
Jun 20001801,92929.304.40$13,756
May 20001811,83427.263.68$11,683
Apr 20001801,82224.513.12$10,089
Mar 20003791,90828.422.86$16,228
Feb 20001801,80127.622.73$9,882
Jan 20001821,83725.272.48$9,156
Dec 19991841,75324.282.42$8,716
Nov 19991811,78123.192.43$8,532
Oct 19992741,85820.982.80$10,958
Sep 19992851,66721.752.62$10,564
Aug 1999952,05519.262.88$7,739
Jul 19992762,18717.892.37$10,126
Jun 19992782,07715.942.36$9,337
May 19991862,03615.792.32$7,663
Apr 19992812,02315.102.21$8,710
Mar 19992812,16212.471.84$7,479
Feb 19991801,2839.981.82$4,129
Jan 19992741,68010.381.90$6,036
Dec 19982731,9069.201.77$5,892
Nov 19983791,91410.892.19$8,311
Oct 19981861,97312.421.97$6,195
Sep 19982842,00612.592.08$7,753
Aug 19982812,10511.301.91$7,190
Jul 19982722,02911.742.24$7,733
Jun 19983712,05511.242.24$8,768
May 19983682,03112.622.21$9,125
Apr 19981851,94313.042.51$7,280
Mar 19982792,05612.802.31$8,319
Feb 19983651,84213.952.30$9,327
Jan 19981862,05514.702.15$7,162
Dec 19973681,91716.322.41$10,628
Nov 19972842,04018.193.09$11,466
Oct 19972872,13019.253.15$12,234
Sep 19972852,01417.742.95$11,007
Aug 19972802,35417.862.55$11,015
Jul 19973632,43617.582.25$11,855
Jun 19972822,41017.242.26$10,302
May 19972822,05418.972.31$10,091
Apr 19973652,29517.882.08$11,306
Mar 19974702,53618.951.94$13,824
Feb 19972782,06920.492.21$10,260
Jan 19974632,11123.483.54$18,344
Dec 19962802,35923.32$6,530
Nov 19962822,67221.97$6,196
Oct 19963661,65323.31$8,531
Sep 19964712,19622.22$10,466
Aug 19963742,28820.26$7,577
Jul 19966582,17519.55$12,864
Jun 19963712,12018.73$6,949
May 19963712,06719.43$7,209
Apr 19963702,03921.51$7,959
Mar 19963632,18119.38$7,035
Feb 19963641,96016.98$6,181
Jan 19964632,10117.07$7,903
Dec 19954681,97317.19$8,045
Nov 19955652,15316.00$9,040
Oct 19955722,42815.43$8,826
Sep 19956552,35416.18$10,598
Aug 19954862,56815.92$7,737
Jul 19954732,00215.24$7,209
Jun 19953841,96616.41$6,301
May 19952842,34017.56$4,987
Apr 19952842,20017.73$5,035
Mar 19952872,21316.44$4,718
Feb 19953851,98916.58$6,383
Jan 19954632,01915.92$7,371
Dec 19942792,28215.03$4,193
Nov 19941802,23615.90$2,862
Oct 19943862,33515.58$6,014
Sep 19943862,30415.29$5,902
Aug 19944752,43916.13$7,662
Jul 19944822,55617.56$8,464
Jun 19944742,38117.09$8,101
May 19943832,58215.88$6,082
Apr 19944752,54514.14$6,717
Mar 19945642,67912.46$7,027
Feb 19943781,66612.50$4,725
Jan 19942881,76812.66$3,646
Dec 19932861,61712.33$3,526
Nov 19935782,36814.49$8,375
Oct 19933902,89915.85$6,182
Sep 19934752,15015.03$7,139
Aug 19935703,22815.66$8,926
Jul 19935703,30515.46$8,812
Jun 19935623,44316.79$9,436
May 19936683,28817.68$11,810
Apr 19936693,60618.05$12,075
Mar 19939003,67718.14$16,326
Feb 19934993,57917.90$8,932
Jan 19934863,40116.93$8,228

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                    0 bbl  × $ 98.93 =         $0
Casinghead gas       128 Mcf  × $  2.87 =       $367

────────────────────────────────────────────────────
Month total                                     $367

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/577 is the state's own key, not one this site invented.