SNEED 3

Operated by LASATER & CO, INC. (P-5 487415) in the PANHANDLE MOORE COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6873District 10Field 68901001OilCasinghead gasSaveExport
Value, all time
$1.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$16 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 334 leases and 1,458 wells, and the rule below applies to all of them.

Discovered
1926-12-31
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: SEPTEMBER, AND OCTOBER.

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
OilDisposition39,772 bbl$1,146,810
Casinghead gasProduction75,204 Mcf$239,615
Total$1,386,426

24,189 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 (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 35.7424, -101.7048. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

35.74309, -101.70515 · 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
0.0%
0 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
3,400 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
00.0%
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.
3100.0%

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

Between 3,400 and 3,410 ft, median 3,400 ft, over the 3 wells that filed a depth.

Completions filed
Nov 1992 – Jun 2020
3 of 3 wells

3 wells

42-3413224713,400 ftJun 2020
42-3413227343,410 ftApr 1993
42-3413225033,400 ftNov 1992

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 2026042106.413.05$128
Apr 202604398.932.87$123
Mar 20261553989.753.15$14,034
Feb 202602863.503.75$105
Jan 202603959.138.00$312
Dec 202504456.664.41$194
Nov 202502658.593.93$102
Oct 202506659.383.30$218
Sep 202505462.743.08$166
Aug 202502063.933.01$60
Jul 202501966.743.32$63
Jun 202504266.483.13$131
May 202503760.553.23$120
Apr 202501662.363.54$57
Mar 20251661867.704.27$11,315
Feb 202503170.884.34$135
Jan 202502274.324.28$94
Dec 202403968.993.12$122
Nov 202402169.052.20$46
Oct 202403871.372.28$87
Sep 202407269.612.36$170
Aug 202404775.632.06$97
Jul 202403879.932.15$82
Jun 202404178.082.63$108
May 20241563378.812.20$12,367
Apr 202402784.451.66$45
Mar 202404280.301.55$65
Feb 202403576.091.78$62
Jan 202404273.023.30$139
Dec 202305671.262.61$146
Nov 202304477.892.81$124
Oct 202303985.443.09$120
Sep 202304289.042.74$115
Aug 202303380.522.67$88
Jul 202303374.852.64$87
Jun 202301068.962.26$23
May 202302670.622.23$58
Apr 202303078.122.24$67
Mar 20231694672.852.39$12,422
Feb 202304675.112.47$113
Jan 202303476.533.39$115
Dec 202201476.415.73$80
Nov 202203685.005.65$203
Oct 202203887.185.86$223
Sep 202204284.888.16$343
Aug 202204694.529.13$420
Jul 2022043101.587.54$324
Jun 2022047115.097.98$375
May 202218540109.378.43$20,571
Apr 2022053104.226.84$362
Mar 2022028108.885.08$142
Feb 202201791.054.86$83
Jan 202203681.844.54$163
Dec 202102371.323.90$90
Nov 20210977.435.24$47
Oct 202101679.795.71$91
Sep 20211812369.865.35$12,768
Aug 202103366.024.22$139
Jul 202101870.783.98$72
Jun 202101569.493.38$51
May 20210463.483.02$12
Apr 20210060.362.76$0
Mar 20210261.302.72$5
Feb 2021187357.805.55$10,825
Jan 20210350.412.81$8
Dec 20200344.642.68$8
Nov 202001138.772.71$30
Oct 20200136.972.48$2
Sep 20200237.091.99$4
Aug 20200339.982.39$7
Jul 20200638.371.83$11
Jun 20200634.901.69$10
May 2020183516.921.81$3,105
Apr 20200614.751.80$11
Mar 20200430.341.86$7
Feb 202001849.881.98$36
Jan 20200257.252.09$4
Dec 201901759.012.30$39
Nov 20191844555.302.75$10,299
Oct 201903553.472.42$85
Sep 20190955.052.66$24
Aug 201902053.112.30$46
Jul 20190556.272.46$12
Jun 20191722152.782.49$9,130
May 201901558.482.74$41
Apr 201902562.632.75$69
Mar 20191731756.803.06$9,878
Feb 20190550.852.79$14
Jan 20190846.033.23$26
Dec 20180746.594.19$29
Nov 20180252.934.24$8
Oct 201801061.443.40$34
Sep 20181682759.543.11$10,087
Aug 20180659.403.07$18
Jul 201804465.142.93$129
Jun 201805260.183.08$160
May 20181574665.382.90$10,398
Apr 201806463.842.90$186
Mar 20180361.222.79$8
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20171462157.272.92$8,423
Nov 20170255.423.12$6
Oct 20170049.292.98$0
Sep 20170547.523.09$15
Aug 20170745.373.00$21
Jul 20171864043.873.09$8,283
Jun 201706442.493.09$198
May 201703645.373.26$117
Apr 201705947.933.21$189
Mar 20170846.772.98$24
Feb 20170950.452.95$27
Jan 2017174949.413.42$8,628
Dec 201601848.763.72$67
Nov 201601442.492.64$37
Oct 201605246.193.09$161
Sep 201604241.553.10$130
Aug 20161822641.442.92$7,618
Jul 201607041.622.92$205
Jun 201608345.352.69$223
May 201604242.521.99$84
Apr 20160436.561.99$8
Mar 20161182833.011.79$3,945
Feb 201604926.472.06$101
Jan 201607127.352.36$168
Dec 201508032.362.00$160
Nov 201508838.792.17$191
Oct 201513811243.552.43$6,282
Sep 2015012042.992.76$331
Aug 2015010540.162.87$302
Jul 20151589848.152.95$7,896
Jun 2015010556.152.88$303
May 2015014355.212.96$423
Apr 201508149.822.71$219
Mar 2015013442.892.93$393
Feb 2015010644.662.98$315
Jan 201504643.433.10$143
Dec 20141907754.693.59$10,668
Nov 2014012270.464.25$519
Oct 201413212978.303.90$10,839
Sep 2014012286.164.05$494
Aug 20141159289.394.04$10,651
Jul 2014010596.564.18$439
Jun 2014011798.164.74$554
May 20141498294.734.73$14,502
Apr 201403995.944.81$188
Mar 201406795.895.06$339
Feb 2014706297.406.19$7,202
Jan 201407990.404.86$384
Dec 201306491.824.35$279
Nov 201307188.853.74$265
Oct 2013501297.423.78$4,916
Sep 20130104104.113.72$387
Aug 2013080104.253.52$282
Jul 2013140105102.523.72$14,743
Jun 201308494.403.93$330
May 201309494.834.15$390
Apr 20131886893.964.28$17,956
Mar 2013010793.623.91$419
Feb 2013012591.233.42$427
Jan 2013014891.603.42$506
Dec 2012013686.773.42$465
Nov 201213611786.953.62$12,249
Oct 2012014689.383.40$496
Sep 2012015694.672.92$455
Aug 20126214492.662.91$6,164
Jul 2012018085.133.02$544
Jun 2012012579.822.52$315
May 201209991.612.49$246
Apr 20120166101.652.00$331
Mar 20120126105.052.22$280
Feb 20120142101.102.57$365
Jan 2012014298.092.73$388
Dec 2011012896.873.24$415
Nov 201114815395.723.31$14,673
Oct 2011017184.983.65$624
Sep 2011016283.623.99$646
Aug 2011015083.404.15$622
Jul 201117116294.144.52$16,830
Jun 2011012292.904.64$566
May 2011015798.134.40$692
Apr 2011082105.964.33$355
Mar 201118313496.364.06$18,178
Feb 2011014185.644.18$589
Jan 2011013786.504.59$629
Dec 2010014185.734.35$613
Nov 2010014880.843.80$562
Oct 2010010378.103.51$361
Sep 2010012372.633.98$489
Aug 201016213773.684.42$12,542
Jul 201004372.554.74$204
Jun 2010011770.364.91$575
May 2010011971.124.24$504
Apr 2010013181.694.12$540
Mar 201019315278.394.39$15,796
Feb 201008273.585.44$446
Jan 2010019274.365.96$1,145
Dec 2009012371.445.48$675
Nov 200910219174.593.75$8,325
Oct 2009018372.544.11$752
Sep 2009013965.543.06$426
Aug 2009015467.423.22$496
Jul 2009019861.133.46$686
Jun 200918718866.163.90$13,104
May 2009020754.743.93$813
Apr 2009019446.773.59$696
Mar 2009018042.144.06$731
Feb 2009013132.814.63$607
Jan 200910025335.865.37$4,945
Dec 2008016837.105.98$1,004
Nov 2008018555.496.86$1,269
Oct 2008021775.246.92$1,502
Sep 2008182165101.767.88$19,820
Aug 20080252114.228.48$2,138
Jul 20080227131.0811.39$2,585
Jun 20080184131.3313.03$2,398
May 20080161123.1711.57$1,863
Apr 20080189110.3110.45$1,976
Mar 20080200101.909.66$1,933
Feb 200817021892.538.77$17,642
Jan 2008016290.388.21$1,329
Dec 2007016088.337.30$1,168
Nov 2007016191.677.29$1,174
Oct 200718521382.856.92$16,802
Sep 2007018275.846.24$1,136
Aug 2007020069.066.39$1,278
Jul 2007021870.906.39$1,393
Jun 2007021462.007.55$1,615
May 200719024758.747.85$13,099
Apr 200708459.617.81$656
Mar 2007020856.927.30$1,519
Feb 200706955.108.22$567
Jan 20071527350.306.73$8,137
Dec 2006037056.656.92$2,560
Nov 2006034454.207.62$2,620
Oct 2006020154.906.01$1,209
Sep 200617938260.085.04$12,679
Aug 2006019868.717.34$1,453
Jul 200618719969.376.34$14,234
Jun 2006029566.286.38$1,883
May 2006018166.016.42$1,163
Apr 200614016664.397.36$10,236
Mar 2006017756.707.08$1,254
Feb 2006015057.597.75$1,163
Jan 2006015860.598.93$1,411
Dec 2005011054.9413.42$1,476
Nov 20051948254.6910.59$11,478
Oct 2005013258.3413.80$1,821
Sep 2005040961.4512.08$4,940
Aug 2005019161.519.80$1,871
Jul 200515114055.697.84$9,507
Jun 2005015952.337.38$1,174
May 200510339345.226.65$7,272
Apr 200519934549.207.36$12,330
Mar 2005055950.377.15$4,000
Feb 200518949945.226.31$11,696
Jan 2005074143.166.32$4,685
Dec 200414218139.866.75$6,882
Nov 2004064945.286.33$4,108
Oct 2004038549.706.52$2,508
Sep 20041555643.245.28$6,998
Aug 2004018442.375.55$1,021
Jul 200419817538.286.08$8,644
Jun 2004032236.106.43$2,071
May 200419658837.486.49$11,165
Apr 200419430434.475.86$8,468
Mar 2004055934.365.53$3,091
Feb 20041949832.455.51$6,835
Jan 2004013032.036.30$819
Dec 200319215830.266.30$6,806
Nov 200319619528.804.60$6,541
Oct 2003025628.174.76$1,218
Sep 200318725226.314.75$6,117
Aug 2003018229.765.13$934
Jul 200319021029.415.17$6,674
Jun 2003023328.565.98$1,394
May 200319021526.595.97$6,336
Apr 200316444926.675.41$6,802
Mar 200318944031.146.10$8,568
Feb 2003023633.487.93$1,871
Jan 200311354530.315.58$6,467
Dec 200217751626.914.85$7,268
Nov 20021961,05824.664.14$9,210
Oct 2002074326.464.23$3,142
Sep 200214855327.443.64$6,071
Aug 200219210125.963.16$5,304
Jul 2002012824.583.06$392
Jun 2002074123.733.34$2,474
May 2002091024.663.58$3,261
Apr 200219283623.653.51$7,477
Mar 2002062022.003.10$1,924
Feb 200219413418.222.38$3,853
Jan 200202617.172.38$62
Dec 200119421816.932.36$3,800
Nov 2001020418.072.41$491
Oct 200118740619.782.53$4,726
Sep 200119321024.262.25$5,155
Aug 2001028524.873.05$870
Jul 2001031023.933.20$991
Jun 200118327324.563.82$5,538
May 200117923425.524.31$5,576
Apr 20011878524.685.34$5,069
Mar 2001014024.545.38$753
Feb 200118513027.755.77$5,883
Jan 2001017027.478.40$1,428
Dec 200018716326.889.12$6,514
Nov 200019120632.215.66$7,318
Oct 2000023631.235.15$1,214
Sep 200019519431.875.19$7,221
Aug 200018720829.644.54$6,487
Jul 2000018328.534.09$748
Jun 200020315229.304.40$6,616
May 200019319427.263.68$5,975
Apr 2000018224.513.12$567
Mar 200019220128.422.86$6,031
Feb 200019720827.622.73$6,008
Jan 200019423125.272.48$5,475
Dec 1999023224.282.42$562
Nov 199917723623.192.43$4,679
Oct 199918325120.982.80$4,543
Sep 1999024621.752.62$644
Aug 199920822619.262.88$4,656
Jul 1999021217.892.37$503
Jun 199920122115.942.36$3,726
May 199919327315.792.32$3,681
Apr 199919926415.102.21$3,588
Mar 199920124812.471.84$2,962
Feb 19991992379.981.82$2,417
Jan 199918824110.381.90$2,409
Dec 19981912149.201.77$2,137
Nov 199819722810.892.19$2,644
Oct 1998024612.421.97$484
Sep 199818223712.592.08$2,785
Aug 199817727711.301.91$2,528
Jul 199818827911.742.24$2,831
Jun 1998023611.242.24$528
May 1998024112.622.21$532
Apr 199820420613.042.51$3,176
Mar 199819023212.802.31$2,968
Feb 199818816913.952.30$3,011
Jan 199818921014.702.15$3,231
Dec 199719123316.322.41$3,679
Nov 199719020918.193.09$4,102
Oct 1997017619.253.15$554
Sep 199720323217.742.95$4,287
Aug 199720625117.862.55$4,320
Jul 199718524317.582.25$3,798
Jun 199719421417.242.26$3,828
May 199739422618.972.31$7,996
Apr 199719713017.882.08$3,793
Mar 1997019418.951.94$376
Feb 1997383020.492.21$7,848
Jan 1997013823.483.54$488
Dec 199620216523.32$4,711
Nov 199620417721.97$4,482
Oct 199618123723.31$4,219
Sep 199618023422.22$4,000
Aug 199617918320.26$3,627
Jul 199634625019.55$6,764
Jun 199619327418.73$3,615
May 199633625219.43$6,528
Apr 199618818021.51$4,044
Mar 199619317719.38$3,740
Feb 199638625916.98$6,554
Jan 199619418917.07$3,312
Dec 199538629017.19$6,635
Nov 199517325516.00$2,768
Oct 199553028015.43$8,178
Sep 199517724716.18$2,864
Aug 199535730215.92$5,683
Jul 1995034815.24$0
Jun 199553042916.41$8,697
May 1995040017.56$0
Apr 199535111717.73$6,223
Mar 199535736216.44$5,869
Feb 199517342116.58$2,868
Jan 199535240915.92$5,604
Dec 199417247215.03$2,585
Nov 199434344215.90$5,454
Oct 199435049215.58$5,453
Sep 199435350715.29$5,397
Aug 199434860116.13$5,613
Jul 199434856817.56$6,111
Jun 199435364417.09$6,033
May 199434863715.88$5,526
Apr 199435766314.14$5,048
Mar 199435467212.46$4,411
Feb 199434656912.50$4,325
Jan 199435761712.66$4,520
Dec 199353462412.33$6,584
Nov 199353368414.49$7,723
Oct 199335074815.85$5,548
Sep 199353677915.03$8,056
Aug 199352992015.66$8,284
Jul 19935161,01215.46$7,977
Jun 19936971,00616.79$11,703
May 19931,0331,00517.68$18,263
Apr 19931,40598918.05$25,360
Mar 19938621,19618.14$15,637
Feb 19931,2551,05817.90$22,465
Jan 19931,04484716.93$17,675

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.

May 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas        42 Mcf  × $  3.05 =       $128

────────────────────────────────────────────────────
Month total                                     $128

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/6873 is the state's own key, not one this site invented.