LASATER B

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

Oil lease lease 6938District 10Field 68887001OilCasinghead gasSaveExport
Value, all time
$721 k
Nov 1993 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
391
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 918 leases and 8,177 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: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

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
OilDisposition11,109 bbl$565,379
Casinghead gasProduction39,199 Mcf$155,871
Total$721,250

1,513 Mcf of this lease's gas, across 21 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 (2)

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 35.8559, -101.4566. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

35.85595, -101.45658 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
no depth filed
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.
2100.0%

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.

2 wells

42-233833202
42-233833213

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 (391)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

391 months

May 20260127106.413.05$387
Apr 20266113498.932.87$6,419
Mar 2026012989.753.15$406
Feb 2026479963.503.75$3,356
Jan 202607959.138.00$632
Dec 2025013156.664.41$578
Nov 20255512858.593.93$3,725
Oct 2025011059.383.30$364
Sep 202506362.743.08$194
Aug 20255213463.933.01$3,728
Jul 20255414566.743.32$4,085
Jun 2025011166.483.13$347
May 20255412160.553.23$3,661
Apr 2025018462.363.54$652
Mar 20255710367.704.27$4,299
Feb 2025011570.884.34$499
Jan 2025013574.324.28$578
Dec 20244815368.993.12$3,789
Nov 202403669.052.20$79
Oct 202408271.372.28$187
Sep 202409769.612.36$229
Aug 2024015275.632.06$314
Jul 2024537079.932.15$4,387
Jun 202408978.082.63$234
May 202406578.812.20$143
Apr 20244911084.451.66$4,321
Mar 202407280.301.55$111
Feb 2024489276.091.78$3,816
Jan 2024012473.023.30$409
Dec 202309271.262.61$240
Nov 202304777.892.81$132
Oct 2023514385.443.09$4,490
Sep 202306289.042.74$170
Aug 2023011480.522.67$305
Jul 2023627974.852.64$4,849
Jun 202308368.962.26$187
May 202308970.622.23$198
Apr 2023548178.122.24$4,400
Mar 202308972.852.39$213
Feb 20234910575.112.47$3,939
Jan 2023010776.533.39$362
Dec 202209276.415.73$527
Nov 20225311185.005.65$5,132
Oct 2022012187.185.86$710
Sep 2022508184.888.16$4,905
Aug 2022012194.529.13$1,104
Jul 202252149101.587.54$6,406
Jun 20220167115.097.98$1,332
May 202256170109.378.43$7,558
Apr 202250168104.226.84$6,360
Mar 20220195108.885.08$990
Feb 2022013391.054.86$646
Jan 20224915481.844.54$4,709
Dec 2021017571.323.90$682
Nov 2021013677.435.24$712
Oct 20215011279.795.71$4,629
Sep 202103069.865.35$161
Aug 20210066.024.22$0
Jul 202151070.783.98$3,610
Jun 20210069.493.38$0
May 202162063.483.02$3,936
Apr 202155060.362.76$3,320
Mar 2021013961.302.72$378
Feb 202109157.805.55$505
Jan 2021012050.412.81$337
Dec 20205412744.642.68$2,750
Nov 202009438.772.71$254
Oct 20205710436.972.48$2,365
Sep 202003037.091.99$60
Aug 202007739.982.39$184
Jul 2020509238.371.83$2,086
Jun 2020010134.901.69$171
May 20205110216.921.81$1,048
Apr 202009814.751.80$177
Mar 2020528830.341.86$1,741
Feb 20200049.881.98$0
Jan 2020010557.252.09$220
Dec 20195012859.012.30$3,245
Nov 2019011855.302.75$325
Oct 20195513153.472.42$3,258
Sep 2019013455.052.66$356
Aug 20195514253.112.30$3,248
Jul 2019010856.272.46$266
Jun 20195013652.782.49$2,978
May 20195613858.482.74$3,653
Apr 2019010262.632.75$281
Mar 20195239656.803.06$4,166
Feb 2019017150.852.79$477
Jan 20195215946.033.23$2,907
Dec 2018016046.594.19$670
Nov 201806552.934.24$275
Oct 20185610461.443.40$3,794
Sep 2018014359.543.11$444
Aug 20186011159.403.07$3,904
Jul 201809865.142.93$287
Jun 2018010960.183.08$335
May 20185413065.382.90$3,908
Apr 201805963.842.90$171
Mar 2018526961.222.79$3,376
Feb 2018012661.782.77$349
Jan 20185212462.874.01$3,766
Dec 2017012657.272.92$368
Nov 20175813955.423.12$3,648
Oct 20175612949.292.98$3,145
Sep 2017011947.523.09$367
Aug 2017556845.373.00$2,700
Jul 2017013443.873.09$414
Jun 2017016242.493.09$500
May 2017546445.373.26$2,659
Apr 2017016847.933.21$540
Mar 20179714946.772.98$4,981
Feb 20174713250.452.95$2,761
Jan 2017014549.413.42$496
Dec 201609648.763.72$357
Nov 201657342.492.64$2,430
Oct 20164913346.193.09$2,674
Sep 2016016541.553.10$512
Aug 20164916841.442.92$2,522
Jul 2016016941.622.92$494
Jun 2016544145.352.69$2,559
May 2016515642.521.99$2,280
Apr 201608336.561.99$165
Mar 20165216033.011.79$2,004
Feb 20165313026.472.06$1,671
Jan 2016015127.352.36$357
Dec 20154715732.362.00$1,835
Nov 20155315938.792.17$2,400
Oct 2015012243.552.43$296
Sep 20155214542.992.76$2,635
Aug 2015015840.162.87$454
Jul 2015014248.152.95$418
Jun 2015012756.152.88$366
May 2015016755.212.96$494
Apr 2015518749.822.71$2,776
Mar 20155014342.892.93$2,564
Feb 2015012544.662.98$372
Jan 20154913843.433.10$2,556
Dec 2014016254.693.59$582
Nov 2014015270.464.25$646
Oct 20144315178.303.90$3,956
Sep 20145514686.164.05$5,329
Aug 20144914989.394.04$4,981
Jul 2014013096.564.18$543
Jun 2014495698.164.74$5,075
May 201452094.734.73$4,926
Apr 201449095.944.81$4,701
Mar 201404095.895.06$202
Feb 20145015497.406.19$5,824
Jan 20145319090.404.86$5,715
Dec 20135019091.824.35$5,418
Nov 201309388.853.74$348
Oct 20135016497.423.78$5,491
Sep 201346146104.113.72$5,332
Aug 20130162104.253.52$571
Jul 20134850102.523.72$5,107
Jun 20134914094.403.93$5,176
May 20135015994.834.15$5,401
Apr 20135212893.964.28$5,434
Mar 201310215993.623.91$10,171
Feb 201309891.233.42$335
Jan 2013014091.603.42$479
Dec 201205986.773.42$202
Nov 2012013286.953.62$478
Oct 20125214589.383.40$5,141
Sep 2012013694.672.92$397
Aug 20124613792.662.91$4,661
Jul 201207385.133.02$221
Jun 20125513379.822.52$4,725
May 20125410991.612.49$5,218
Apr 20120217101.652.00$433
Mar 201252319105.052.22$6,171
Feb 2012104544101.102.57$11,913
Jan 2012046298.092.73$1,263
Dec 2011049696.873.24$1,607
Nov 2011018395.723.31$606
Oct 20116418884.983.65$6,125
Sep 20110083.623.99$0
Aug 201142083.404.15$3,503
Jul 201140894.144.52$3,802
Jun 20110092.904.64$0
May 20111043198.134.40$10,342
Apr 201100105.964.33$0
Mar 20111031196.364.06$9,970
Feb 20110085.644.18$0
Jan 201103086.504.59$138
Dec 2010549785.734.35$5,051
Nov 201008780.843.80$330
Oct 2010010078.103.51$351
Sep 201008072.633.98$318
Aug 201006073.684.42$265
Jul 2010511672.554.74$3,776
Jun 2010011570.364.91$565
May 20105412471.124.24$4,366
Apr 20105812081.694.12$5,233
Mar 2010012678.394.39$553
Feb 2010010373.585.44$561
Jan 2010011474.365.96$680
Dec 200908671.445.48$472
Nov 20094810074.593.75$3,955
Oct 20096210672.544.11$4,933
Sep 200906765.543.06$205
Aug 2009588167.423.22$4,171
Jul 2009618461.133.46$4,020
Jun 2009010266.163.90$397
May 20094910054.743.93$3,075
Apr 200911712746.773.59$5,928
Mar 2009015042.144.06$609
Feb 20095813632.814.63$2,533
Jan 20095017635.865.37$2,738
Dec 20085015937.105.98$2,805
Nov 20085618255.496.86$4,356
Oct 2008637175.246.92$5,232
Sep 2008026101.767.88$205
Aug 2008023114.228.48$195
Jul 20080128131.0811.39$1,458
Jun 200855199131.3313.03$9,817
May 200887161123.1711.57$12,579
Apr 2008067110.3110.45$700
Mar 2008095101.909.66$918
Feb 2008010292.538.77$895
Jan 200802890.388.21$230
Dec 200701088.337.30$73
Nov 200703191.677.29$226
Oct 2007399082.856.92$3,854
Sep 20075010275.846.24$4,429
Aug 200704869.066.39$307
Jul 200710011170.906.39$7,799
Jun 2007010762.007.55$808
May 200705258.747.85$408
Apr 200703759.617.81$289
Mar 200707056.927.30$511
Feb 200708855.108.22$723
Jan 200706950.306.73$464
Dec 200607356.656.92$505
Nov 200607354.207.62$556
Oct 200616210054.906.01$9,495
Sep 2006010660.085.04$534
Aug 200608668.717.34$631
Jul 2006010369.376.34$653
Jun 2006012066.286.38$766
May 20067714666.016.42$6,021
Apr 2006708064.397.36$5,096
Mar 200608856.707.08$623
Feb 200607657.597.75$589
Jan 200614910360.598.93$9,948
Dec 200509754.9413.42$1,301
Nov 2005010854.6910.59$1,144
Oct 2005010858.3413.80$1,490
Sep 200509061.4512.08$1,087
Aug 200508361.519.80$813
Jul 20051569855.697.84$9,456
Jun 2005010052.337.38$738
May 2005011045.226.65$732
Apr 2005010849.207.36$795
Mar 200508350.377.15$594
Feb 20051556345.226.31$7,407
Jan 200507243.166.32$455
Dec 200407539.866.75$506
Nov 200406745.286.33$424
Oct 2004012549.706.52$814
Sep 200408743.245.28$460
Aug 200409842.375.55$544
Jul 2004016638.286.08$1,010
Jun 200409236.106.43$592
May 200403737.486.49$240
Apr 200407734.475.86$451
Mar 200408634.365.53$476
Feb 200409532.455.51$523
Jan 200408232.036.30$517
Dec 200306830.266.30$429
Nov 200315213628.804.60$5,003
Oct 2003011428.174.76$543
Sep 2003015626.314.75$741
Aug 20035211229.765.13$2,122
Jul 2003011029.415.17$569
Jun 2003013428.565.98$802
May 2003015526.595.97$926
Apr 2003012926.675.41$698
Mar 200320010431.146.10$6,862
Feb 200308233.487.93$650
Jan 2003010730.315.58$597
Dec 200202826.914.85$136
Nov 2002815524.664.14$2,225
Oct 200209826.464.23$414
Sep 200205427.443.64$196
Aug 200208225.963.16$259
Jul 20028010224.583.06$2,279
Jun 200209223.733.34$307
May 200209224.663.58$330
Apr 200203023.653.51$105
Mar 20021687022.003.10$3,913
Feb 200204518.222.38$107
Jan 200254817.172.38$946
Dec 2001861816.932.36$1,499
Nov 200102718.072.41$65
Oct 200104419.782.53$111
Sep 2001657824.262.25$1,753
Aug 200109724.873.05$296
Jul 2001011223.933.20$358
Jun 20011653824.563.82$4,198
May 2001679225.524.31$2,106
Apr 2001010124.685.34$539
Mar 2001011124.545.38$597
Feb 20011669727.755.77$5,166
Jan 2001011427.478.40$957
Dec 2000014726.889.12$1,341
Nov 2000011132.215.66$628
Oct 200009931.235.15$509
Sep 20001658931.875.19$5,720
Aug 2000010329.644.54$468
Jul 200016410628.534.09$5,112
Jun 200016111029.304.40$5,201
May 2000013827.263.68$508
Apr 200009924.513.12$308
Mar 2000010128.422.86$289
Feb 2000010627.622.73$289
Jan 200016710525.272.48$4,481
Dec 199916712524.282.42$4,358
Nov 1999012323.192.43$299
Oct 199916611320.982.80$3,800
Sep 1999012521.752.62$327
Aug 19991609819.262.88$3,363
Jul 19991669217.892.37$3,188
Jun 199909415.942.36$222
May 199908915.792.32$207
Apr 199909715.102.21$214
Mar 1999011612.471.84$213
Feb 19990909.981.82$164
Jan 1999010410.381.90$198
Dec 199801209.201.77$213
Nov 1998011110.892.19$243
Oct 1998010012.421.97$197
Sep 1998010612.592.08$221
Aug 199809811.301.91$187
Jul 19981649911.742.24$2,147
Jun 1998010211.242.24$228
May 1998012312.622.21$271
Apr 1998011913.042.51$298
Mar 1998013012.802.31$300
Feb 1998010513.952.30$241
Jan 199831210814.702.15$4,819
Dec 1997014416.322.41$347
Nov 199716612618.193.09$3,409
Oct 199709819.253.15$309
Sep 199708117.742.95$239
Aug 199709017.862.55$230
Jul 19971637317.582.25$3,030
Jun 199706817.242.26$153
May 199708418.972.31$194
Apr 199718610317.882.08$3,540
Mar 199707418.951.94$144
Feb 199705320.492.21$117
Jan 19971706823.483.54$4,232
Dec 199606023.32$0
Nov 199606521.97$0
Oct 199607023.31$0
Sep 199608222.22$0
Aug 19961626920.26$3,282
Jul 199607819.55$0
Jun 199606718.73$0
May 199606119.43$0
Apr 19961649021.51$3,528
Mar 199609519.38$0
Feb 199608316.98$0
Jan 199605017.07$0
Dec 199507017.19$0
Nov 199508016.00$0
Oct 199509015.43$0
Sep 19955910816.18$955
Aug 19950015.92$0
Jul 199508015.24$0
Jun 199503616.41$0
May 199505417.56$0
Apr 1995506517.73$887
Mar 1995456016.44$740
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0

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       127 Mcf  × $  3.05 =       $387

────────────────────────────────────────────────────
Month total                                     $387

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/6938 is the state's own key, not one this site invented.