MineralRecord
Log inSign up

WRIGHT -B-

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 587District 10Field 68873001OilCasinghead gasSaveExport
Value, all time
$11.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$248 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

The PANHANDLE GRAY COUNTY FIELD field

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.”

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
OilDisposition187,774 bbl$8,909,989
Casinghead gasProduction636,623 Mcf$2,411,290
Total$11,321,279

100,648 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 (11)

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 35.4565, -100.8350. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles. 1 well has no surveyed location and is left out of it.

35.45723, -100.83446 · centre of 10 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
45.5%
5 of 11 wells
With a plug date
45.5%
5 of 11 wells
Median depth
2,923 ft
6 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
545.5%
A plug date is filed
545.5%
BothOn the schedule and plugged. Neither fact cancels the other.
545.5%
NeitherNo plug date, and not on the schedule.
654.5%

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, 6 of 11 wells. Median 2,923 ft, with the middle half between 2,890 and 2,961 ft; the shallowest is 2,867 ft and the deepest 3,050 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, 4 of 11 wells, Aug 1984 – Jun 1995. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Aug 1984 – Jun 1995
4 of 11 wells; 7 filed none
Plug dates filed
Feb 1977 – Jan 1982
5 of 11 wells; 6 filed none

11 wells

42-179829622——Mar 1977Yes
42-179829633——Feb 1977Yes
42-1798296552,972 ft—Jan 1982Yes
42-179829667——Mar 1977Yes
42-1798296911——Mar 1977Yes
42-1798296892,917 ft———
42-17982970122,881 ft———
42-17932111143,050 ftJun 1995——
42-179829644W2,929 ftDec 1990——
42-179857368—Jul 1987——
42-17982971132,867 ftAug 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 202636944698.932.87$37,785
Mar 202618395489.753.15$19,429
Feb 202635670263.503.75$25,239
Jan 202618067959.138.00$16,074
Dec 202534884056.664.41$23,425
Nov 202517451458.593.93$12,213
Oct 202534196059.383.30$23,421
Sep 20251811,10462.743.08$14,753
Aug 20253271,08363.933.01$24,170
Jul 202535350466.743.32$25,230
Jun 202535293766.483.13$26,333
May 202517998860.553.23$14,032
Apr 202536891562.363.54$26,190
Mar 202535672367.704.27$27,187
Feb 202532257570.884.34$25,319
Jan 202537585974.324.28$31,545
Dec 202417497068.993.12$15,032
Nov 202447735869.052.20$33,724
Oct 202436286871.372.28$27,816
Sep 20241331,00569.612.36$11,634
Aug 20245011,10175.632.06$40,163
Jul 20243321,01679.932.15$28,718
Jun 20242741,02678.082.63$24,096
May 202436492078.812.20$30,709
Apr 20241511,00584.451.66$14,419
Mar 202435496680.301.55$29,919
Feb 202433479076.091.78$26,823
Jan 202435580573.023.30$28,577
Dec 202327879971.262.61$21,896
Nov 202316588977.892.81$15,348
Oct 20232581,04085.443.09$25,254
Sep 20233451,01489.042.74$33,492
Aug 20233091,06580.522.67$27,727
Jul 20233531,04974.852.64$29,193
Jun 20234391,02268.962.26$32,582
May 20233091,01870.622.23$24,089
Apr 202328390278.122.24$24,126
Mar 202351096672.852.39$39,465
Feb 202331579975.112.47$25,630
Jan 202333886576.533.39$28,798
Dec 202227470476.415.73$24,970
Nov 202250280685.005.65$47,221
Oct 20223471,02387.185.86$36,250
Sep 202231399284.888.16$34,666
Aug 20223741,18794.529.13$46,184
Jul 20224251,096101.587.54$51,438
Jun 20223650115.097.98$42,008
May 20223701,092109.378.43$49,676
Apr 2022273997104.226.84$35,269
Mar 20225291,039108.885.08$62,872
Feb 202235573191.054.86$35,875
Jan 202235689281.844.54$33,183
Dec 202136496771.323.90$29,731
Nov 20213141,00677.435.24$29,581
Oct 20215031,09779.795.71$46,402
Sep 20213321,10769.865.35$29,117
Aug 20213581,34066.024.22$29,291
Jul 20213211,62070.783.98$29,171
Jun 20213541,52969.493.38$29,768
May 20215021,45363.483.02$36,252
Apr 20213641,44360.362.76$25,951
Mar 20213681,29361.302.72$26,071
Feb 202136162557.805.55$24,333
Jan 20215621,02850.412.81$31,219
Dec 20203751,07344.642.68$19,611
Nov 202016365438.772.71$8,090
Oct 202050489036.972.48$20,839
Sep 20203831,05737.091.99$16,310
Aug 202046291939.982.39$20,663
Jul 202049284138.371.83$20,413
Jun 202089583334.901.69$32,644
May 2020057816.921.81$1,049
Apr 202036561714.751.80$6,497
Mar 202051875430.341.86$17,116
Feb 202052477249.881.98$27,666
Jan 202049394057.252.09$30,193
Dec 201950797559.012.30$32,165
Nov 201952885755.302.75$31,556
Oct 201934338353.472.42$19,267
Sep 20193081,08055.052.66$19,825
Aug 20193751,01953.112.30$22,264
Jul 201934458956.272.46$20,806
Jun 20195081,04252.782.49$29,408
May 20193451,03958.482.74$23,023
Apr 201952173762.632.75$34,658
Mar 201935388056.803.06$22,745
Feb 201951181650.852.79$28,263
Jan 201936190446.033.23$19,535
Dec 20185241,08346.594.19$28,946
Nov 201834377952.934.24$21,456
Oct 20183441,21861.443.40$25,274
Sep 20183441,09859.543.11$23,894
Aug 201834682259.403.07$23,073
Jul 20183431,16265.142.93$25,750
Jun 201834499360.183.08$23,757
May 20183391,05565.382.90$25,224
Apr 201852990663.842.90$36,399
Mar 201852675761.222.79$34,311
Feb 201834076661.782.77$23,124
Jan 201833981162.874.01$24,564
Dec 201734188757.272.92$22,120
Nov 201736168855.423.12$22,152
Oct 201754245649.292.98$28,076
Sep 201736159647.523.09$18,995
Aug 201735156645.373.00$17,625
Jul 201736566743.873.09$18,072
Jun 20173191,05242.493.09$16,802
May 201753447945.373.26$25,791
Apr 201734092747.933.21$19,273
Mar 201750598146.772.98$26,546
Feb 201751574550.452.95$28,181
Jan 201754182849.413.42$29,562
Dec 201635972148.763.72$20,189
Nov 201650393542.492.64$23,845
Oct 201635284446.193.09$18,867
Sep 20165391,04241.553.10$25,626
Aug 20163621,16541.442.92$18,408
Jul 20163521,21741.622.92$18,209
Jun 201618294145.352.69$10,781
May 201634525242.521.99$15,171
Apr 201635345236.561.99$13,806
Mar 201635797233.011.79$13,528
Feb 201654680526.472.06$16,114
Jan 201652277627.352.36$16,111
Dec 20153661,11132.362.00$14,067
Nov 201535277638.792.17$15,336
Oct 201535987143.552.43$17,748
Sep 201553355942.992.76$24,456
Aug 201535875440.162.87$16,543
Jul 201572084248.152.95$37,148
Jun 201535671456.152.88$22,048
May 201517871755.212.96$11,946
Apr 201535952749.822.71$19,312
Mar 201534161942.892.93$16,442
Feb 201550982444.662.98$25,184
Jan 201535470943.433.10$17,573
Dec 201433382054.693.59$21,157
Nov 201469687170.464.25$52,744
Oct 201415762478.303.90$14,727
Sep 201452595786.164.05$49,105
Aug 201434090689.394.04$34,048
Jul 20143511,04796.564.18$38,269
Jun 201453993498.164.74$57,332
May 201417681594.734.73$20,525
Apr 201450859095.944.81$51,575
Mar 201435183495.895.06$37,875
Feb 201435166797.406.19$38,317
Jan 201452489690.404.86$51,725
Dec 201334189991.824.35$35,225
Nov 201334785888.853.74$34,038
Oct 20133401,01197.423.78$36,944
Sep 2013166889104.113.72$20,587
Aug 2013168902104.253.52$20,691
Jul 2013694548102.523.72$73,186
Jun 201318055394.403.93$19,167
May 201315373594.834.15$17,559
Apr 201353180593.964.28$53,340
Mar 201335065693.623.91$35,334
Feb 201335246891.233.42$33,713
Jan 201334349991.603.42$33,125
Dec 201216656586.773.42$16,336
Nov 201234290686.953.62$33,021
Oct 201253594989.383.40$51,045
Sep 201252596894.672.92$52,527
Aug 20124991,07792.662.91$49,369
Jul 20121461,11285.133.02$15,788
Jun 20123531,07679.822.52$30,887
May 201234588891.612.49$33,815
Apr 2012340689101.652.00$35,937
Mar 2012341842105.052.22$37,693
Feb 2012719807101.102.57$74,765
Jan 201216990998.092.73$19,062
Dec 201116580996.873.24$18,605
Nov 201135094595.723.31$36,631
Oct 20115191,02084.983.65$47,826
Sep 20115301,00183.623.99$48,308
Aug 20111731,17183.404.15$19,287
Jul 20111521,24394.144.52$19,924
Jun 20114991,19792.904.64$51,911
May 20113411,04398.134.40$38,057
Apr 2011179628105.964.33$21,688
Mar 20115221,12696.364.06$54,868
Feb 20113511,11485.644.18$34,716
Jan 20113781,33886.504.59$38,837
Dec 20103351,33785.734.35$34,532
Nov 201032763680.843.80$28,849
Oct 20101691,29278.103.51$17,732
Sep 20103461,35572.633.98$30,522
Aug 20103351,00073.684.42$29,102
Jul 201050783972.554.74$40,757
Jun 20104861,27170.364.91$40,436
May 20105111,46871.124.24$42,560
Apr 20103181,61581.694.12$32,636
Mar 20104991,42678.394.39$45,375
Feb 20105021,05173.585.44$42,657
Jan 20103271,08274.365.96$30,769
Dec 20095321,40571.445.48$45,711
Nov 20095101,53474.593.75$43,796
Oct 20093391,48372.544.11$30,687
Sep 20093621,34365.543.06$27,841
Aug 20093461,74667.423.22$28,947
Jul 20095301,76861.133.46$38,524
Jun 20095141,71066.163.90$40,667
May 20093361,67054.743.93$24,949
Apr 20095141,67446.773.59$30,045
Mar 20095101,57942.144.06$27,901
Feb 20096951,35632.814.63$29,085
Jan 20095391,41335.865.37$26,918
Dec 20083611,58237.105.98$22,849
Nov 20083661,52655.496.86$30,778
Oct 20083671,74475.246.92$39,685
Sep 20085141,885101.767.88$67,153
Aug 20085291,595114.228.48$73,953
Jul 20085352,065131.0811.39$93,647
Jun 20083541,823131.3313.03$70,249
May 20085231,952123.1711.57$87,011
Apr 20088971,918110.3110.45$119,000
Mar 20083602,291101.909.66$58,824
Feb 20085361,77192.538.77$65,129
Jan 20085381,77190.388.21$63,157
Dec 20078781,87888.337.30$91,267
Nov 20073612,05391.677.29$48,063
Oct 20075072,72782.856.92$60,881
Sep 20075272,25975.846.24$54,073
Aug 20075292,37069.066.39$51,672
Jul 20077103,90870.906.39$75,303
Jun 20073542,40662.007.55$40,110
May 20075242,60358.747.85$51,204
Apr 20071,0903,25959.617.81$90,412
Mar 20073381,97356.927.30$33,646
Feb 20073411,59555.108.22$31,894
Jan 20077261,65750.306.73$47,664
Dec 20067061,53856.656.92$50,635
Nov 20063541,63454.207.62$31,634
Oct 20064872,33454.906.01$40,773
Sep 20063551,30660.085.04$27,907
Aug 20065431,54968.717.34$48,679
Jul 20063422,20269.376.34$37,691
Jun 20065252,04566.286.38$47,852
May 20065412,36066.016.42$50,874
Apr 20067102,22264.397.36$62,072
Mar 20067031,63856.707.08$51,462
Feb 20065342,04257.597.75$46,581
Jan 20067042,06860.598.93$61,129
Dec 20057032,41454.9413.42$71,008
Nov 20055492,01054.6910.59$51,307
Oct 20057371,97658.3413.80$70,257
Sep 200555373561.4512.08$42,860
Aug 20057162,26761.519.80$66,251
Jul 20057032,24055.697.84$56,720
Jun 20055152,45752.337.38$45,085
May 20056851,77545.226.65$42,782
Apr 20056941,98349.207.36$48,741
Mar 20058972,21550.377.15$61,030
Feb 20055351,76945.226.31$35,358
Jan 20055282,11143.166.32$36,135
Dec 20045332,22939.866.75$36,294
Nov 20045191,90145.286.33$35,534
Oct 20046512,35649.706.52$47,704
Sep 20045152,36643.245.28$34,770
Aug 20045182,35642.375.55$35,025
Jul 20046982,40138.286.08$41,328
Jun 20045202,25736.106.43$33,291
May 20046652,26437.486.49$39,628
Apr 20048682,04434.475.86$41,895
Mar 20045192,33934.365.53$30,768
Feb 20043701,95832.455.51$22,794
Jan 20045382,37932.036.30$32,219
Dec 20035311,91530.266.30$28,136
Nov 20033202,21928.804.60$19,413
Oct 20035302,44328.174.76$26,558
Sep 20033522,47326.314.75$21,006
Aug 20035382,49729.765.13$28,820
Jul 20033642,53229.415.17$23,798
Jun 20035482,42428.565.98$30,154
May 20033472,41726.595.97$23,663
Apr 20035321,57626.675.41$22,710
Mar 20033602,12831.146.10$24,183
Feb 20033801,95833.487.93$28,241
Jan 20033712,17530.315.58$23,386
Dec 20025542,32426.914.85$26,188
Nov 20023692,28224.664.14$18,540
Oct 20025602,41826.464.23$25,044
Sep 20023582,49527.443.64$18,893
Aug 20025322,50325.963.16$21,731
Jul 20023592,51624.583.06$16,528
Jun 20025132,53323.733.34$20,629
May 20023492,52724.663.58$17,663
Apr 20025272,21223.653.51$20,233
Mar 20025102,40022.003.10$18,667
Feb 20024162,09918.222.38$12,566
Jan 20024162,34017.172.38$12,702
Dec 20015392,28616.932.36$14,530
Nov 20013952,43818.072.41$13,002
Oct 20011444,53319.782.53$14,312
Sep 20013652,44624.262.25$14,362
Aug 20013812,60624.873.05$17,432
Jul 20013902,68623.933.20$17,920
Jun 20014232,61624.563.82$20,393
May 20014652,42825.524.31$22,325
Apr 20014042,50924.685.34$23,357
Mar 20014292,73624.545.38$25,238
Feb 20014362,45427.755.77$26,251
Jan 20014614,04927.478.40$46,670
Dec 20004133,27126.889.12$40,941
Nov 20004783,19732.215.66$33,485
Oct 20005803,32531.235.15$35,222
Sep 20004673,27431.875.19$31,864
Aug 20004483,52529.644.54$29,285
Jul 20004493,57328.534.09$27,423
Jun 20004563,49629.304.40$28,734
May 20004553,64727.263.68$25,823
Apr 20004733,52924.513.12$22,590
Mar 20004633,71028.422.86$23,768
Feb 20005032,72427.622.73$21,320
Jan 20004932,94625.272.48$19,766
Dec 19994382,39524.282.42$16,439
Nov 19994762,65323.192.43$17,496
Oct 19997272,83920.982.80$23,212
Sep 19993922,59721.752.62$15,327
Aug 19994042,92919.262.88$16,204
Jul 19994592,93017.892.37$15,163
Jun 19993372,83315.942.36$12,064
May 19994612,75215.792.32$13,667
Apr 19994042,74615.102.21$12,164
Mar 19994312,95012.471.84$10,798
Feb 19993791,9689.981.82$7,360
Jan 19993882,46510.381.90$8,711
Dec 19984232,7459.201.77$8,759
Nov 19984132,60910.892.19$10,200
Oct 19984452,94512.421.97$11,326
Sep 19984362,66412.592.08$11,037
Aug 19984582,03311.301.91$9,053
Jul 19985922,18511.742.24$11,839
Jun 19985422,13411.242.24$10,866
May 19985201,99712.622.21$10,968
Apr 19985622,14013.042.51$12,690
Mar 19985392,02912.802.31$11,585
Feb 19985111,97413.952.30$11,667
Jan 19986442,12314.702.15$14,041
Dec 19976192,16216.322.41$15,315
Nov 19975992,30418.193.09$18,011
Oct 19976542,40819.253.15$20,174
Sep 19976571,98917.742.95$17,532
Aug 19976462,17717.862.55$17,099
Jul 19977072,28617.582.25$17,566
Jun 19976082,48817.242.26$16,098
May 19976551,99818.972.31$17,038
Apr 19976742,67017.882.08$17,612
Mar 19977192,53718.951.94$18,545
Feb 19976122,28620.492.21$17,583
Jan 19976132,19023.483.54$22,145
Dec 19966392,59523.32—$14,901
Nov 19964011,88221.97—$8,810
Oct 19967072,32023.31—$16,480
Sep 19966942,41322.22—$15,421
Aug 19967192,45320.26—$14,567
Jul 19967211,67319.55—$14,096
Jun 19967161,01218.73—$13,411
May 19967422,08919.43—$14,417
Apr 19968201,49321.51—$17,638
Mar 19968131,97419.38—$15,756
Feb 19966361,03616.98—$10,799
Jan 19967281,75317.07—$12,427
Dec 19957732,16417.19—$13,288
Nov 19956802,24616.00—$10,880
Oct 19959412,27715.43—$14,520
Sep 19957642,25816.18—$12,362
Aug 19957712,41615.92—$12,274
Jul 19958682,04415.24—$13,228
Jun 19951,0832,14916.41—$17,772
May 19956702,37717.56—$11,765
Apr 19955822,34717.73—$10,319
Mar 19955572,09516.44—$9,157
Feb 19956242,10316.58—$10,346
Jan 19956802,23315.92—$10,826
Dec 19946612,43615.03—$9,935
Nov 19946692,11415.90—$10,637
Oct 19946952,33215.58—$10,828
Sep 19947071,96415.29—$10,810
Aug 19947032,01416.13—$11,339
Jul 19946933,37017.56—$12,169
Jun 19947143,24317.09—$12,202
May 19947783,66815.88—$12,355
Apr 19947163,71414.14—$10,124
Mar 19947723,81012.46—$9,619
Feb 19946832,95712.50—$8,538
Jan 19948113,47912.66—$10,267
Dec 19937643,69512.33—$9,420
Nov 19937682,92414.49—$11,128
Oct 19937724,62615.85—$12,236
Sep 19937421,74615.03—$11,152
Aug 199375356315.66—$11,792
Jul 199370635715.46—$10,915
Jun 199375936716.79—$12,744
May 199365041717.68—$11,492
Apr 199367342418.05—$12,148
Mar 199373437218.14—$13,315
Feb 199357835917.90—$10,346
Jan 199367829516.93—$11,479

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                  369 bbl  × $ 98.93 =    $36,505
Casinghead gas       446 Mcf  × $  2.87 =     $1,280

────────────────────────────────────────────────────
Month total                                  $37,785

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/587 is the state's own key, not one this site invented.