MORSE -A-

Operated by BRADLEY OPERATING CO. (P-5 87255) 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 578District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$5.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$151 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
NGPA4none

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
OilDisposition103,778 bbl$4,553,113
Casinghead gasProduction171,820 Mcf$619,585
Total$5,172,698

34,177 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 (8)

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 35.4068, -100.6058. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.40667, -100.60592 · 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
25.0%
2 of 8 wells
With a plug date
25.0%
2 of 8 wells
Median depth
2,552 ft
3 wells filed one
Completion to plug
27.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
225.0%
A plug date is filed
225.0%
BothOn the schedule and plugged. Neither fact cancels the other.
225.0%
NeitherNo plug date, and not on the schedule.
675.0%

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

Total depth in feet, 3 of 8 wells. Median 2,552 ft, with the middle half between 2,517 and 2,566 ft; the shallowest is 2,481 ft and the deepest 2,580 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, 3 of 8 wells, Apr 1962 – Jan 1997. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Apr 1962 – Jan 1997
3 of 8 wells; 5 filed none
Plug dates filed
Dec 1978 – Sep 1989
2 of 8 wells; 6 filed none

Last completion to plug: a median of 27.4 years across the 1 well that filed both dates, with the middle half between 27.4 years and 27.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-179829222Dec 1978Yes
42-179829211
42-179829238
42-1798292512
42-1798292613
42-1793221542,481 ftJan 1997
42-1793204532,552 ftDec 1992
42-1798292410W2,580 ftApr 1962Sep 1989Yes

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 2026160098.932.87$15,829
Mar 2026322089.753.15$28,900
Feb 2026332063.503.75$21,082
Jan 20260059.138.00$0
Dec 2025163056.664.41$9,236
Nov 2025408058.593.93$23,905
Oct 2025161059.383.30$9,560
Sep 2025162062.743.08$10,164
Aug 2025163063.933.01$10,421
Jul 2025160066.743.32$10,678
Jun 2025162066.483.13$10,770
May 2025166060.553.23$10,051
Apr 2025160062.363.54$9,978
Mar 20250067.704.27$0
Feb 2025159070.884.34$11,270
Jan 2025164074.324.28$12,188
Dec 2024164068.993.12$11,314
Nov 2024159069.052.20$10,979
Oct 2024164071.372.28$11,705
Sep 2024323069.612.36$22,484
Aug 20240075.632.06$0
Jul 2024162079.932.15$12,949
Jun 2024165078.082.63$12,883
May 2024159078.812.20$12,531
Apr 2024162084.451.66$13,681
Mar 2024156080.301.55$12,527
Feb 2024316076.091.78$24,044
Jan 20240073.023.30$0
Dec 2023161071.262.61$11,473
Nov 20230077.892.81$0
Oct 2023153085.443.09$13,072
Sep 2023161089.042.74$14,335
Aug 2023158080.522.67$12,722
Jul 2023159074.852.64$11,901
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023161078.122.24$12,577
Mar 2023163072.852.39$11,875
Feb 2023156075.112.47$11,717
Jan 2023160076.533.39$12,245
Dec 20220076.415.73$0
Nov 2022160085.005.65$13,600
Oct 2022163087.185.86$14,210
Sep 2022164084.888.16$13,920
Aug 2022164094.529.13$15,501
Jul 20221630101.587.54$16,558
Jun 202200115.097.98$0
May 20223060109.378.43$33,467
Apr 20221640104.226.84$17,092
Mar 20221650108.885.08$17,965
Feb 2022165091.054.86$15,023
Jan 2022169081.844.54$13,831
Dec 2021313071.323.90$22,323
Nov 2021165077.435.24$12,776
Oct 2021165079.795.71$13,165
Sep 2021319069.865.35$22,285
Aug 2021154066.024.22$10,167
Jul 2021318070.783.98$22,508
Jun 2021161069.493.38$11,188
May 2021324063.483.02$20,568
Apr 2021163060.362.76$9,839
Mar 2021324061.302.72$19,861
Feb 2021157057.805.55$9,075
Jan 2021164050.412.81$8,267
Dec 2020162044.642.68$7,232
Nov 2020162038.772.71$6,281
Oct 2020164036.972.48$6,063
Sep 2020161037.091.99$5,971
Aug 2020161039.982.39$6,437
Jul 2020160038.371.83$6,139
Jun 2020161034.901.69$5,619
May 2020160016.921.81$2,707
Apr 2020165014.751.80$2,434
Mar 2020164030.341.86$4,976
Feb 2020165049.881.98$8,230
Jan 2020165057.252.09$9,446
Dec 2019165059.012.30$9,737
Nov 2019166055.302.75$9,180
Oct 2019166053.472.42$8,876
Sep 2019161055.052.66$8,863
Aug 2019161053.112.30$8,551
Jul 2019155056.272.46$8,722
Jun 2019160052.782.49$8,445
May 2019161058.482.74$9,415
Apr 2019166062.632.75$10,397
Mar 2019167056.803.06$9,486
Feb 2019167050.852.79$8,492
Jan 2019168046.033.23$7,733
Dec 2018165046.594.19$7,687
Nov 2018170052.934.24$8,998
Oct 2018166061.443.40$10,199
Sep 2018324059.543.11$19,291
Aug 2018163059.403.07$9,682
Jul 2018164065.142.93$10,683
Jun 2018164060.183.08$9,870
May 2018166065.382.90$10,853
Apr 2018162063.842.90$10,342
Mar 2018166061.222.79$10,163
Feb 2018166061.782.77$10,255
Jan 2018164062.874.01$10,311
Dec 2017159057.272.92$9,106
Nov 2017160055.423.12$8,867
Oct 2017164049.292.98$8,084
Sep 2017162047.523.09$7,698
Aug 2017158045.373.00$7,168
Jul 2017161043.873.09$7,063
Jun 2017159042.493.09$6,756
May 2017159045.373.26$7,214
Apr 2017163047.933.21$7,813
Mar 2017160046.772.98$7,483
Feb 20170050.452.95$0
Jan 2017163049.413.42$8,054
Dec 2016161048.763.72$7,850
Nov 2016162042.492.64$6,883
Oct 2016160046.193.09$7,390
Sep 2016159041.553.10$6,606
Aug 2016156041.442.92$6,465
Jul 2016154041.622.92$6,409
Jun 2016159045.352.69$7,211
May 2016160042.521.99$6,803
Apr 20160036.561.99$0
Mar 2016161033.011.79$5,315
Feb 2016162026.472.06$4,288
Jan 2016162027.352.36$4,431
Dec 2015186032.362.00$6,019
Nov 20150038.792.17$0
Oct 2015180043.552.43$7,839
Sep 20150042.992.76$0
Aug 2015182040.162.87$7,309
Jul 2015181048.152.95$8,715
Jun 2015183056.152.88$10,275
May 20150055.212.96$0
Apr 2015176049.822.71$8,768
Mar 2015184042.892.93$7,892
Feb 2015184044.662.98$8,217
Jan 2015184043.433.10$7,991
Dec 2014188054.693.59$10,282
Nov 2014188070.464.25$13,246
Oct 2014185078.303.90$14,486
Sep 2014183086.164.05$15,767
Aug 2014182489.394.04$16,285
Jul 2014175096.564.18$16,898
Jun 2014182098.164.74$17,865
May 201418329094.734.73$18,706
Apr 201418414495.944.81$18,345
Mar 201418632295.895.06$19,464
Feb 201418621097.406.19$19,417
Jan 201418640390.404.86$18,773
Dec 201317620991.824.35$17,070
Nov 201318629688.853.74$17,633
Oct 201318534497.423.78$19,323
Sep 2013184376104.113.72$20,554
Aug 2013182389104.253.52$20,344
Jul 2013182397102.523.72$20,135
Jun 201316434194.403.93$16,823
May 201317337594.834.15$17,962
Apr 201318434693.964.28$18,770
Mar 201317051693.623.91$17,934
Feb 201318434391.233.42$17,959
Jan 201318445291.603.42$18,400
Dec 201217330086.773.42$16,037
Nov 201218241586.953.62$17,329
Oct 201218139289.383.40$17,510
Sep 201235437594.672.92$34,608
Aug 201217443592.662.91$17,388
Jul 201216851085.133.02$15,842
Jun 201217047579.822.52$14,766
May 201217414091.612.49$16,289
Apr 2012185870101.652.00$20,542
Mar 2012169323105.052.22$18,471
Feb 2012369246101.102.57$37,938
Jan 201218225998.092.73$18,561
Dec 201136941596.873.24$37,090
Nov 201118041595.723.31$18,604
Oct 201116532684.983.65$15,211
Sep 201118330983.623.99$16,534
Aug 201118438983.404.15$16,960
Jul 201115817294.144.52$15,651
Jun 201116140992.904.64$16,855
May 201116093898.134.40$19,833
Apr 2011158419105.964.33$18,557
Mar 20111601,65096.364.06$22,112
Feb 201116241785.644.18$15,617
Jan 20111601,29286.504.59$19,769
Dec 201032968485.734.35$31,179
Nov 2010163080.843.80$13,177
Oct 201032454878.103.51$27,227
Sep 201015956772.633.98$13,805
Aug 201016126273.684.42$13,020
Jul 201015847272.554.74$13,699
Jun 201032382770.364.91$26,787
May 20101611,01571.124.24$15,749
Apr 20101621,24281.694.12$18,354
Mar 201016490478.394.39$16,823
Feb 201014952173.585.44$13,799
Jan 201015649974.365.96$14,576
Dec 200937558571.445.48$29,998
Nov 2009048274.593.75$1,808
Oct 200916547872.544.11$13,934
Sep 200916339865.543.06$11,903
Aug 200918453267.423.22$14,118
Jul 200917353261.133.46$12,419
Jun 200918447766.163.90$14,031
May 200918463254.743.93$12,553
Apr 20091811,51646.773.59$13,904
Mar 200918685642.144.06$11,313
Feb 20093681,39632.814.63$18,542
Jan 20091881,00235.865.37$12,123
Dec 200836747237.105.98$16,437
Nov 200818731555.496.86$12,538
Oct 200816229375.246.92$14,217
Sep 2008365471101.767.88$40,853
Aug 2008183391114.228.48$24,219
Jul 2008182504131.0811.39$29,597
Jun 2008379314131.3313.03$53,866
May 2008362468123.1711.57$50,004
Apr 2008176560110.3110.45$25,269
Mar 2008364628101.909.66$43,161
Feb 200818562092.538.77$22,556
Jan 200836265590.388.21$38,092
Dec 200731158088.337.30$31,706
Nov 200732858891.677.29$34,355
Oct 200718351082.856.92$18,692
Sep 200718350375.846.24$17,020
Aug 200734660969.066.39$27,785
Jul 200718162670.906.39$16,832
Jun 200717452362.007.55$14,736
May 200718047758.747.85$14,316
Apr 200736438759.617.81$24,719
Mar 200789234956.927.30$53,321
Feb 2007035855.108.22$2,941
Jan 200718648650.306.73$12,625
Dec 200636653556.656.92$24,435
Nov 200636839854.207.62$22,977
Oct 200636156054.906.01$23,187
Sep 200636449560.085.04$24,363
Aug 200654961168.717.34$42,206
Jul 200634755269.376.34$27,573
Jun 200635655766.286.38$27,152
May 200635368966.016.42$27,728
Apr 200618351964.397.36$15,603
Mar 200637158056.707.08$25,144
Feb 200618457357.597.75$15,038
Jan 200618448660.598.93$15,490
Dec 200518357954.9413.42$17,822
Nov 200517654154.6910.59$15,354
Oct 200518263758.3413.80$19,406
Sep 200533722561.4512.08$23,426
Aug 200536674861.519.80$29,841
Jul 200534368555.697.84$24,475
Jun 200518062952.337.38$14,062
May 200532670845.226.65$19,451
Apr 200533674849.207.36$22,037
Mar 200535079250.377.15$23,296
Feb 200517668545.226.31$12,282
Jan 200533177743.166.32$19,198
Dec 200436276439.866.75$19,587
Nov 200434878045.286.33$20,695
Oct 200435279149.706.52$22,648
Sep 200435776743.245.28$19,489
Aug 200434177242.375.55$18,733
Jul 200432577338.286.08$17,144
Jun 200433977236.106.43$17,204
May 200436281137.486.49$18,835
Apr 200434274834.475.86$16,171
Mar 200418574234.365.53$10,460
Feb 200417865732.455.51$9,396
Jan 200418672232.036.30$10,506
Dec 200318676930.266.30$10,474
Nov 200316673628.804.60$8,163
Oct 200317080128.174.76$8,601
Sep 200335278026.314.75$12,966
Aug 200318079129.765.13$9,414
Jul 200318579829.415.17$9,567
Jun 200317973928.565.98$9,534
May 200318571826.595.97$9,208
Apr 200318051226.675.41$7,569
Mar 200339376431.146.10$16,895
Feb 200319068433.487.93$11,783
Jan 200318870430.315.58$9,628
Dec 200218770426.914.85$8,449
Nov 200217667724.664.14$7,141
Oct 200218576226.464.23$8,118
Sep 200218575727.443.64$7,828
Aug 200218268325.963.16$6,886
Jul 200216773824.583.06$6,364
Jun 200218060823.733.34$6,301
May 20021681524.663.58$4,197
Apr 200218071723.653.51$6,775
Mar 200217981722.003.10$6,473
Feb 200246976118.222.38$10,353
Jan 200210087217.172.38$3,789
Dec 200118680416.932.36$5,050
Nov 200118282418.072.41$5,271
Oct 200118289719.782.53$5,868
Sep 200117192024.262.25$6,220
Aug 200132084824.873.05$10,547
Jul 200117844723.933.20$5,689
Jun 200117741924.563.82$5,949
May 200136337225.524.31$10,866
Apr 200134838524.685.34$10,643
Mar 200117741024.545.38$6,548
Feb 200118039427.755.77$7,267
Jan 200118245327.478.40$8,804
Dec 200016339026.889.12$7,939
Nov 200037351532.215.66$14,928
Oct 200033641831.235.15$12,644
Sep 200018344131.875.19$8,119
Aug 200036351229.644.54$13,084
Jul 200037753428.534.09$12,940
Jun 200036444629.304.40$12,626
May 200050848227.263.68$15,622
Apr 200036050324.513.12$10,391
Mar 200018254828.422.86$6,740
Feb 200018526027.622.73$5,819
Jan 200018544125.272.48$5,769
Dec 199914734824.282.42$4,413
Nov 199918437123.192.43$5,170
Oct 1999368020.982.80$7,721
Sep 199918480521.752.62$6,110
Aug 199936793219.262.88$9,748
Jul 199936499917.892.37$8,882
Jun 19993451,00715.942.36$7,878
May 199933658115.792.32$6,654
Apr 19991801,03715.102.21$5,008
Mar 19993731,12512.471.84$6,719
Feb 19993648569.981.82$5,189
Jan 199918599310.381.90$3,807
Dec 19983761,0779.201.77$5,369
Nov 19983711,11810.892.19$6,484
Oct 1998363012.421.97$4,508
Sep 199817857712.592.08$3,443
Aug 19983641,05811.301.91$6,131
Jul 19983671,16011.742.24$6,904
Jun 19981,1601,18611.242.24$15,692
May 19983611,17012.622.21$7,137
Apr 19983691,18613.042.51$7,783
Mar 19983691,19712.802.31$7,488
Feb 19983681,19713.952.30$7,886
Jan 19983351,28014.702.15$7,683
Dec 19973731,29216.322.41$9,203
Nov 19973741,34418.193.09$10,954
Oct 19973671,49919.253.15$11,786
Sep 19973701,53217.742.95$11,091
Aug 19973651,42517.862.55$10,159
Jul 19973671,04217.582.25$8,793
Jun 19975531,20617.242.26$12,256
May 19973711,69218.972.31$10,944
Apr 19973741,07917.882.08$8,934
Mar 19975581,62518.951.94$13,725
Feb 19975481,80520.492.21$15,210
Jan 19977522,10223.483.54$25,097
Dec 19965631,02523.32$13,129
Nov 199618694421.97$4,086
Oct 19965541,03923.31$12,914
Sep 19965561,04022.22$12,354
Aug 19967381,20520.26$14,952
Jul 19967371,24319.55$14,408
Jun 199636386518.73$6,799
May 199635852719.43$6,956
Apr 199636354621.51$7,808
Mar 199655747619.38$10,795
Feb 199635941316.98$6,096
Jan 199636853717.07$6,282
Dec 199571657617.19$12,308
Nov 199518856816.00$3,008
Oct 199536933715.43$5,694
Sep 199536637116.18$5,922
Aug 199536748415.92$5,843
Jul 199536350115.24$5,532
Jun 199535149316.41$5,760
May 199529960317.56$5,250
Apr 199536556017.73$6,471
Mar 199554957316.44$9,026
Feb 199537034016.58$6,135
Jan 199556568315.92$8,995
Dec 199474567315.03$11,197
Nov 199429926915.90$4,754
Oct 199437364015.58$5,811
Sep 199436158015.29$5,520
Aug 199435863416.13$5,775
Jul 199434856417.56$6,111
Jun 199418143617.09$3,093
May 199434967215.88$5,542
Apr 199437158014.14$5,246
Mar 199474369112.46$9,258
Feb 199418860312.50$2,350
Jan 199436577712.66$4,621
Dec 199336470312.33$4,488
Nov 199336961014.49$5,347
Oct 199337376715.85$5,912
Sep 199337152415.03$5,576
Aug 199336879815.66$5,763
Jul 19937121,18615.46$11,008
Jun 19931,1141,39516.79$18,704
May 19931,1221,35617.68$19,837
Apr 19931,4791,13018.05$26,696
Mar 19931,4851,12818.14$26,938
Feb 19931,29792417.90$23,216
Jan 19931,30158816.93$22,026

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                  160 bbl  × $ 98.93 =    $15,829
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $15,829

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/578 is the state's own key, not one this site invented.