PALMER, J. H.

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 603District 10Field 68873001OilCasinghead gasSave
Value, all time
$14.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$266 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition327,472 bbl$12,078,889
Casinghead gasProduction556,936 Mcf$2,067,717
Total$14,146,606

100,368 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 (15)

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 35.4439, -100.8586. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

35.44410, -100.85837 · 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%
5 of 15 wells
With a plug date
26.7%
4 of 15 wells
Median depth
3,235 ft
13 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
533.3%
A plug date is filed
426.7%
BothOn the schedule and plugged. Neither fact cancels the other.
426.7%
NeitherNo plug date, and not on the schedule.
1066.7%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 13 of 15 wells. Median 3,235 ft, with the middle half between 3,203 and 3,300 ft; the shallowest is 3,155 ft and the deepest 3,362 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

80s
90s

Last completion by decade, 9 of 15 wells, Oct 1983 – May 1994. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 1983 – May 1994
9 of 15 wells; 6 filed none
Plug dates filed
Aug 1993 – Feb 1995
4 of 15 wells; 11 filed none

15 wells

42-1790784153,210 ftSep 1993Yes
42-1798305183,155 ftFeb 1995Yes
42-17983053103,185 ftAug 1993Yes
42-17983054113,172 ftFeb 1995Yes
42-179830529
42-1798305513
42-17932071213,215 ftMay 1994
42-17932068223,235 ftFeb 1994
42-1798305073,346 ftFeb 1991
42-17931919193,280 ftJun 1988
42-17931915183,203 ftMay 1988
42-17931916203,252 ftMay 1988
42-17983056143,300 ftJul 1986Yes
42-17931378163,336 ftOct 1983
42-17931379173,362 ftOct 1983

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 202635319298.932.87$35,473
Mar 202618464389.753.15$18,539
Feb 202633720963.503.75$22,183
Jan 202635650559.138.00$25,089
Dec 202533667556.664.41$22,017
Nov 202534047258.593.93$21,774
Oct 202533383159.383.30$22,520
Sep 202535386262.743.08$24,800
Aug 202533782963.933.01$24,044
Jul 202534149366.743.32$24,393
Jun 202534770566.483.13$25,274
May 202535369060.553.23$23,604
Apr 202535868862.363.54$24,763
Mar 202517846667.704.27$14,040
Feb 202535446870.884.34$27,123
Jan 202534644674.324.28$27,623
Dec 202417364268.993.12$13,939
Nov 202433919469.052.20$23,834
Oct 202426479871.372.28$20,662
Sep 20241621,10169.612.36$13,880
Aug 202416845675.632.06$13,647
Jul 202433072979.932.15$27,942
Jun 202433893978.082.63$28,864
May 202435594078.812.20$30,044
Apr 202418091784.451.66$16,722
Mar 202434379780.301.55$28,774
Feb 202435478076.091.78$28,327
Jan 202434745573.023.30$26,838
Dec 202333766171.262.61$25,740
Nov 202333792677.892.81$28,849
Oct 20233351,08685.443.09$31,975
Sep 20233341,07289.042.74$32,671
Aug 20233571,16180.522.67$31,849
Jul 20233281,04374.852.64$27,306
Jun 202316393068.962.26$13,341
May 202333689170.622.23$25,713
Apr 202332988578.122.24$27,682
Mar 202332686772.852.39$25,824
Feb 202333060775.112.47$26,283
Jan 202332373676.533.39$27,213
Dec 202233068776.415.73$29,151
Nov 202235393285.005.65$35,267
Oct 202235389287.185.86$36,005
Sep 202234383184.888.16$35,898
Aug 202250292694.529.13$55,901
Jul 2022537908101.587.54$61,397
Jun 2022176996115.097.98$28,201
May 2022355995109.378.43$47,217
Apr 2022361951104.226.84$44,126
Mar 2022352947108.885.08$43,133
Feb 202233345591.054.86$32,530
Jan 202234834281.844.54$30,032
Dec 20214691,00771.323.90$37,375
Nov 20213601,11477.435.24$33,709
Oct 20215041,21879.795.71$47,174
Sep 20213521,15869.865.35$30,787
Aug 20213451,01466.024.22$27,057
Jul 20213491,30970.783.98$29,915
Jun 20213541,04369.493.38$28,125
May 20213551,26063.483.02$26,338
Apr 202135391160.362.76$23,820
Mar 20215221,13061.302.72$35,069
Feb 202117354357.805.55$13,012
Jan 20213611,12450.412.81$21,357
Dec 202053193044.642.68$26,192
Nov 202034976438.772.71$15,599
Oct 202030367536.972.48$12,875
Sep 202037896337.091.99$15,937
Aug 20202121,04939.982.39$10,978
Jul 20202901,05538.371.83$13,053
Jun 202053578134.901.69$19,992
May 2020084916.921.81$1,541
Apr 202018290714.751.80$4,321
Mar 202034682430.341.86$12,027
Feb 202017760049.881.98$10,017
Jan 202035167957.252.09$21,517
Dec 201918060859.012.30$12,023
Nov 201934745855.302.75$20,449
Oct 201934747553.472.42$19,703
Sep 201917657655.052.66$11,219
Aug 201932573253.112.30$18,948
Jul 201932050756.272.46$19,254
Jun 201936660752.782.49$20,830
May 201931462158.482.74$20,064
Apr 201933047762.632.75$21,980
Mar 201935645756.803.06$21,620
Feb 201935044850.852.79$19,048
Jan 201937242246.033.23$18,485
Dec 201831353146.594.19$16,805
Nov 201834346152.934.24$20,108
Oct 201834091961.443.40$24,012
Sep 201834289259.543.11$23,135
Aug 201834250959.403.07$21,876
Jul 201851689965.142.93$36,248
Jun 201833987960.183.08$23,106
May 201833789365.382.90$24,623
Apr 201833590563.842.90$24,012
Mar 201832947161.222.79$21,454
Feb 201833349861.782.77$21,950
Jan 2018054262.874.01$2,173
Dec 201743367357.272.92$26,764
Nov 201731880555.423.12$20,134
Oct 201733499349.292.98$19,426
Sep 201717598647.523.09$11,360
Aug 201717488045.373.00$10,538
Jul 201735498943.873.09$18,583
Jun 201734788842.493.09$17,486
May 201717535045.373.26$9,082
Apr 201733652947.933.21$17,803
Mar 201748359246.772.98$24,356
Feb 201732837850.452.95$17,664
Jan 201717651149.413.42$10,443
Dec 201617615248.763.72$9,148
Nov 201634956342.492.64$16,318
Oct 201635649546.193.09$17,973
Sep 201635548141.553.10$16,242
Aug 201617664541.442.92$9,180
Jul 201617956341.622.92$9,096
Jun 201635535945.352.69$17,063
May 2016178042.521.99$7,569
Apr 20161687036.561.99$6,281
Mar 201636111133.011.79$12,116
Feb 201635926926.472.06$10,058
Jan 201653023127.352.36$15,042
Dec 201517225532.362.00$6,076
Nov 201518132338.792.17$7,721
Oct 201536253443.552.43$17,061
Sep 201536457442.992.76$17,232
Aug 201517933440.162.87$8,148
Jul 201535336548.152.95$18,072
Jun 201535148156.152.88$21,095
May 201535535355.212.96$20,643
Apr 201517455449.822.71$10,168
Mar 201535458142.892.93$16,888
Feb 201534550444.662.98$16,908
Jan 201535840843.433.10$16,813
Dec 201451867254.693.59$30,743
Nov 201436780670.464.25$29,286
Oct 201432557678.303.90$27,694
Sep 20147071,01386.164.05$65,013
Aug 201433091189.394.04$33,175
Jul 20145291,06196.564.18$55,515
Jun 201452483498.164.74$55,386
May 201434074094.734.73$35,706
Apr 201431872195.944.81$33,976
Mar 201453175795.895.06$54,746
Feb 201434860497.406.19$37,635
Jan 201435588290.404.86$36,379
Dec 201329084991.824.35$30,325
Nov 201334792388.853.74$34,281
Oct 20135181,14897.423.78$54,802
Sep 20133561,430104.113.72$42,380
Aug 20133621,085104.253.52$41,561
Jul 2013501778102.523.72$54,255
Jun 201354268994.403.93$53,875
May 201348887294.834.15$49,895
Apr 201369297293.964.28$69,183
Mar 201370584793.623.91$69,316
Feb 201314880191.233.42$16,241
Jan 201334473591.603.42$34,024
Dec 201217789686.773.42$18,423
Nov 20121761,17686.953.62$19,566
Oct 20125301,41789.383.40$52,189
Sep 20121701,44494.672.92$20,308
Aug 20123481,41492.662.91$36,358
Jul 20123561,46285.133.02$34,723
Jun 20125251,41779.822.52$45,475
May 20123541,17791.612.49$35,359
Apr 20123411,358101.652.00$37,374
Mar 20123431,310105.052.22$38,943
Feb 20121611,004101.102.57$18,858
Jan 20125091,19598.092.73$53,195
Dec 201116996596.873.24$19,497
Nov 20111621,31795.723.31$19,868
Oct 20113451,36984.983.65$34,313
Sep 20113481,49083.623.99$35,039
Aug 20113471,58783.404.15$35,525
Jul 20113341,50294.144.52$38,228
Jun 20115281,35892.904.64$55,352
May 20113721,27298.134.40$42,107
Apr 2011180657105.964.33$21,920
Mar 20115071,29496.364.06$54,105
Feb 201135362085.644.18$32,823
Jan 201149673386.504.59$46,268
Dec 201015874685.734.35$16,789
Nov 201050541280.843.80$42,388
Oct 20105011,25478.103.51$43,528
Sep 20103351,37472.633.98$29,799
Aug 201050194173.684.42$41,072
Jul 201049286472.554.74$39,787
Jun 20104941,36770.364.91$41,470
May 20105001,46171.124.24$41,748
Apr 20104951,46681.694.12$46,480
Mar 20104771,37478.394.39$43,422
Feb 20106821,36473.585.44$57,605
Jan 20103321,40974.365.96$33,091
Dec 20095091,44371.445.48$44,276
Nov 20093261,64674.593.75$30,491
Oct 20094241,44572.544.11$36,696
Sep 20093491,37165.543.06$27,075
Aug 20095181,78467.423.22$40,665
Jul 20097051,93161.133.46$49,787
Jun 20094691,85066.163.90$38,235
May 20094921,87054.743.93$34,273
Apr 20096641,64046.773.59$36,939
Mar 20094861,67542.144.06$27,279
Feb 20095481,45232.814.63$24,707
Jan 20091,0021,52535.865.37$44,123
Dec 20085331,73937.105.98$30,169
Nov 20086581,83355.496.86$49,087
Oct 20083431,90975.246.92$39,021
Sep 20085182,038101.767.88$68,765
Aug 20087021,581114.228.48$93,594
Jul 20086642,174131.0811.39$111,798
Jun 20084582,009131.3313.03$86,332
May 20086352,114123.1711.57$102,681
Apr 20086471,927110.3110.45$91,517
Mar 20086691,753101.909.66$85,112
Feb 20086671,83092.538.77$77,768
Jan 20088221,74990.388.21$88,644
Dec 20078812,02088.337.30$92,569
Nov 20079081,62991.677.29$95,115
Oct 20076632,09582.856.92$69,431
Sep 20076581,87675.846.24$61,617
Aug 20078211,97169.066.39$69,289
Jul 20078092,01070.906.39$70,198
Jun 20077892,10562.007.55$64,807
May 20071,1612,04258.747.85$84,219
Apr 20078541,99959.617.81$66,510
Mar 20079931,98056.927.30$70,979
Feb 20073381,80255.108.22$33,429
Jan 20079641,70650.306.73$59,965
Dec 20068971,99056.656.92$64,583
Nov 20066471,64154.207.62$47,568
Oct 20068172,18554.906.01$57,993
Sep 20066362,27060.085.04$49,645
Aug 20067902,16668.717.34$70,179
Jul 20068211,76769.376.34$68,160
Jun 20069622,15066.286.38$77,487
May 20061,0082,64366.016.42$83,519
Apr 20069412,34864.397.36$77,873
Mar 20069962,29256.707.08$72,707
Feb 20067561,96957.597.75$58,800
Jan 20068311,74960.598.93$65,975
Dec 20058081,67954.9413.42$66,916
Nov 20058091,55654.6910.59$60,720
Oct 20058171,87858.3413.80$73,572
Sep 200570263161.4512.08$50,760
Aug 20058741,88561.519.80$72,227
Jul 20059642,01155.697.84$69,459
Jun 20059951,95352.337.38$66,484
May 20059921,94945.226.65$57,821
Apr 20059691,74649.207.36$60,526
Mar 20051,0191,81650.377.15$64,320
Feb 20051,1311,63945.226.31$61,489
Jan 20051,1481,60043.166.32$59,663
Dec 20041,1331,65039.866.75$56,301
Nov 20041,1421,62845.286.33$62,016
Oct 20041,1311,73949.706.52$67,540
Sep 20041,0891,70943.245.28$56,119
Aug 20049611,75742.375.55$50,470
Jul 20049841,72638.286.08$48,169
Jun 20041,1431,70536.106.43$52,231
May 20049381,83737.486.49$47,087
Apr 20041,3341,62534.475.86$55,503
Mar 20049851,79634.365.53$43,777
Feb 20041,0091,63832.455.51$41,767
Jan 20049891,66532.036.30$42,167
Dec 20038021,70130.266.30$34,988
Nov 20031,1851,61528.804.60$41,549
Oct 20039931,79228.174.76$36,502
Sep 20031,1531,65426.314.75$38,191
Aug 20031,1511,85529.765.13$43,769
Jul 20031,1131,85229.415.17$42,310
Jun 20039931,83228.565.98$39,321
May 20039361,82526.595.97$35,788
Apr 20031,1551,28626.675.41$37,758
Mar 20031,1951,70431.146.10$47,600
Feb 20038011,53433.487.93$38,976
Jan 20037961,66130.315.58$33,399
Dec 20021,0001,72126.914.85$35,263
Nov 20028301,69824.664.14$27,492
Oct 20028061,84226.464.23$29,117
Sep 20029951,87427.443.64$34,115
Aug 20029731,91125.963.16$31,306
Jul 20029741,83424.583.06$29,556
Jun 20027831,73823.733.34$24,382
May 20021,0291,87524.663.58$32,095
Apr 20029521,74523.653.51$28,644
Mar 20028401,65522.003.10$23,615
Feb 20029601,54418.222.38$21,159
Jan 20026761,72017.172.38$15,693
Dec 20019091,71716.932.36$19,449
Nov 20011,0071,71918.072.41$22,332
Oct 20018401,93019.782.53$21,496
Sep 20011,0631,83024.262.25$29,908
Aug 20011,0721,93524.873.05$32,569
Jul 20011,1091,86423.933.20$32,498
Jun 20019841,90424.563.82$31,448
May 20019581,73525.524.31$31,921
Apr 20011,2321,78924.685.34$39,951
Mar 20011,3011,88324.545.38$42,050
Feb 20017471,67827.755.77$30,406
Jan 20011,1771,81627.478.40$47,584
Dec 20001,1121,78126.889.12$46,138
Nov 20001,0981,92232.215.66$46,241
Oct 20001,2172,10631.235.15$48,843
Sep 20001,2712,10931.875.19$51,445
Aug 20001,1562,08029.644.54$43,709
Jul 20001,0972,14828.534.09$40,082
Jun 20001,0722,00629.304.40$40,230
May 20001,3651,99427.263.68$44,547
Apr 20001,3532,03824.513.12$39,512
Mar 20001,2101,97128.422.86$40,025
Feb 20001,1211,83727.622.73$35,971
Jan 20001,3271,85225.272.48$38,127
Dec 19991,2721,95024.282.42$35,610
Nov 19991,2752,01823.192.43$34,479
Oct 19991,2142,15120.982.80$31,501
Sep 19991,4032,07221.752.62$35,942
Aug 19991,4172,02219.262.88$33,106
Jul 19991,5182,08617.892.37$32,106
Jun 19991,4962,14015.942.36$28,901
May 19991,6452,05615.792.32$30,747
Apr 19991,5572,14215.102.21$28,240
Mar 19991,2382,12412.471.84$19,342
Feb 19991,3131,7259.981.82$16,239
Jan 19991,5252,08310.381.90$19,787
Dec 19981,4362,0639.201.77$16,870
Nov 19981,5562,11610.892.19$21,570
Oct 19981,4992,38712.421.97$23,318
Sep 19981,1202,31812.592.08$18,928
Aug 19981,5552,41611.301.91$22,180
Jul 19981,5962,48311.742.24$24,292
Jun 19981,5222,45011.242.24$22,589
May 19981,3662,47912.622.21$22,708
Apr 19981,3522,37913.042.51$23,590
Mar 19981,1662,40912.802.31$20,488
Feb 19981,1812,29413.952.30$21,749
Jan 19981,2892,37914.702.15$24,075
Dec 19971,4382,29316.322.41$28,997
Nov 19971,4842,21618.193.09$33,838
Oct 19971,5862,22219.253.15$37,529
Sep 19971,4152,28617.742.95$31,857
Aug 19971,5142,82417.862.55$34,255
Jul 19971,6142,66917.582.25$34,371
Jun 19971,4912,67417.242.26$31,741
May 19971,5571,90818.972.31$33,941
Apr 19971,5612,56817.882.08$33,259
Mar 19971,5351,94118.951.94$32,852
Feb 19971,3071,71220.492.21$30,557
Jan 19971,6121,59623.483.54$43,499
Dec 19961,5801,51123.32$36,846
Nov 19961,6692,00321.97$36,668
Oct 19961,8162,02823.31$42,331
Sep 19961,6201,80122.22$35,996
Aug 19961,7271,88720.26$34,989
Jul 19961,6312,14419.55$31,886
Jun 19961,7812,19818.73$33,358
May 19962,0852,33619.43$40,512
Apr 19961,8522,08321.51$39,837
Mar 19961,9112,04419.38$37,035
Feb 19961,6821,23416.98$28,560
Jan 19961,9321,62817.07$32,979
Dec 19951,8011,62417.19$30,959
Nov 19951,7951,95016.00$28,720
Oct 19951,8712,08115.43$28,870
Sep 19951,8231,87916.18$29,496
Aug 19952,1322,27815.92$33,941
Jul 19951,8701,28315.24$28,499
Jun 19952,0081,83916.41$32,951
May 19952,0572,04817.56$36,121
Apr 19952,2412,28417.73$39,733
Mar 19952,1822,16116.44$35,872
Feb 19952,0781,95516.58$34,453
Jan 19952,4602,05415.92$39,163
Dec 19942,4602,16315.03$36,974
Nov 19942,4462,10815.90$38,891
Oct 19942,5062,23715.58$39,043
Sep 19941,8532,16815.29$28,332
Aug 19942,1342,30716.13$34,421
Jul 19942,4432,34917.56$42,899
Jun 19942,3922,32917.09$40,879
May 19942,3341,87715.88$37,064
Apr 19942,6462,30614.14$37,414
Mar 19942,4282,30112.46$30,253
Feb 19941,7741,95112.50$22,175
Jan 19941,5801,83312.66$20,003
Dec 19931,7492,07712.33$21,565
Nov 19932,0481,49814.49$29,676
Oct 19932,2772,51115.85$36,090
Sep 19932,3032,13615.03$34,614
Aug 19932,5452,27815.66$39,855
Jul 19932,4502,81815.46$37,877
Jun 19932,6402,90216.79$44,326
May 19932,4412,45817.68$43,157
Apr 19932,1842,35318.05$39,421
Mar 19932,4862,90218.14$45,096
Feb 19932,2942,20717.90$41,063
Jan 19932,7751,96616.93$46,981

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                  353 bbl  × $ 98.93 =    $34,922
Casinghead gas       192 Mcf  × $  2.87 =       $551

────────────────────────────────────────────────────
Month total                                  $35,473

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/603 is the state's own key, not one this site invented.