HERRING

Operated by BORGER RESOURCES 2 LLC (P-5 83236) 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 719District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$3.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$23 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 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.

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
NGPA6none

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
OilDisposition42,234 bbl$1,765,254
Casinghead gasProduction426,715 Mcf$1,527,606
Total$3,292,860

75,892 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 35.8316, -101.4973. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

35.83177, -101.49736 · 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
12.5%
1 of 8 wells
With a plug date
12.5%
1 of 8 wells
Median depth
3,131 ft
8 wells filed one
Completion to plug
23.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
112.5%
A plug date is filed
112.5%
BothOn the schedule and plugged. Neither fact cancels the other.
112.5%
NeitherNo plug date, and not on the schedule.
787.5%

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, 8 of 8 wells. Median 3,131 ft, with the middle half between 3,119 and 3,137 ft; the shallowest is 3,086 ft and the deepest 3,175 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, 8 of 8 wells, Nov 1989 – Feb 1990. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 1989 – Feb 1990
8 of 8 wells
Plug dates filed
Dec 2013
1 of 8 wells; 7 filed none

Last completion to plug: a median of 23.8 years across the 1 well that filed both dates, with the middle half between 23.8 years and 23.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-2331107923,125 ftFeb 1990Dec 2013Yes
42-2338083673,131 ftFeb 1990
42-2338083453,132 ftFeb 1990
42-2338083013,153 ftJan 1990
42-2338083563,086 ftJan 1990
42-2338083343,101 ftDec 1989
42-2338083783,130 ftNov 1989
42-2338083233,175 ftNov 1989

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 20260488106.413.05$1,486
Apr 2026031998.932.87$915
Mar 2026035689.753.15$1,121
Feb 2026028563.503.75$1,069
Jan 2026020159.138.00$1,608
Dec 202518218356.664.41$11,120
Nov 2025015858.593.93$620
Oct 2025026559.383.30$876
Sep 2025027162.743.08$834
Aug 2025026963.933.01$811
Jul 2025032166.743.32$1,064
Jun 2025032266.483.13$1,007
May 2025044660.553.23$1,442
Apr 2025042462.363.54$1,502
Mar 2025024667.704.27$1,050
Feb 202517044370.884.34$13,973
Jan 2025028874.324.28$1,232
Dec 2024051268.993.12$1,598
Nov 2024010369.052.20$226
Oct 20248045271.372.28$6,741
Sep 2024016169.612.36$381
Aug 2024040875.632.06$842
Jul 2024043779.932.15$938
Jun 2024038078.082.63$1,001
May 202417448278.812.20$14,773
Apr 2024058984.451.66$977
Mar 202416856480.301.55$14,362
Feb 2024047576.091.78$847
Jan 202415940273.023.30$12,936
Dec 2023039671.262.61$1,034
Nov 2023051077.892.81$1,432
Oct 202315751085.443.09$14,989
Sep 2023043189.042.74$1,179
Aug 202311451880.522.67$10,564
Jul 202314952474.852.64$12,537
Jun 2023027268.962.26$614
May 20230070.622.23$0
Apr 2023015978.122.24$356
Mar 202318236372.852.39$14,127
Feb 2023034575.112.47$851
Jan 2023045976.533.39$1,555
Dec 202217042076.415.73$15,396
Nov 2022038485.005.65$2,168
Oct 2022044287.185.86$2,592
Sep 2022041284.888.16$3,363
Aug 202217046094.529.13$20,267
Jul 20220437101.587.54$3,296
Jun 2022167417115.097.98$22,547
May 20220404109.378.43$3,407
Apr 2022171395104.226.84$20,522
Mar 20220409108.885.08$2,076
Feb 2022050491.054.86$2,449
Jan 202216950281.844.54$16,109
Dec 2021059371.323.90$2,312
Nov 202117243077.435.24$15,570
Oct 2021055779.795.71$3,183
Sep 2021056069.865.35$2,997
Aug 2021068366.024.22$2,883
Jul 2021036270.783.98$1,442
Jun 2021039169.493.38$1,322
May 202117058163.483.02$12,545
Apr 2021048760.362.76$1,343
Mar 202116762161.302.72$11,924
Feb 2021041357.805.55$2,291
Jan 202116564150.412.81$10,119
Dec 202015959144.642.68$8,679
Nov 2020051738.772.71$1,399
Oct 2020048736.972.48$1,207
Sep 2020051637.091.99$1,027
Aug 2020056339.982.39$1,343
Jul 2020063138.371.83$1,152
Jun 202005534.901.69$93
May 202016524816.921.81$3,242
Apr 2020052014.751.80$938
Mar 2020046230.341.86$858
Feb 2020041049.881.98$812
Jan 2020046757.252.09$978
Dec 2019057359.012.30$1,320
Nov 2019066455.302.75$1,826
Oct 2019075153.472.42$1,816
Sep 201917067455.052.66$11,150
Aug 20190053.112.30$0
Jul 20190456.272.46$10
Jun 201901652.782.49$40
May 2019032758.482.74$896
Apr 2019063862.632.75$1,755
Mar 2019066156.803.06$2,024
Feb 201916455650.852.79$9,892
Jan 2019065246.033.23$2,105
Dec 2018067346.594.19$2,817
Nov 201816860052.934.24$11,435
Oct 201815970861.443.40$12,175
Sep 2018074259.543.11$2,306
Aug 2018077159.403.07$2,364
Jul 2018061465.142.93$1,800
Jun 2018078660.183.08$2,418
May 2018059165.382.90$1,714
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018013861.782.77$382
Jan 2018051062.874.01$2,045
Dec 2017052357.272.92$1,528
Nov 2017054455.423.12$1,696
Oct 2017059549.292.98$1,775
Sep 201716559947.523.09$9,690
Aug 2017072045.373.00$2,163
Jul 2017038243.873.09$1,179
Jun 2017073542.493.09$2,269
May 2017038445.373.26$1,253
Apr 201717669147.933.21$10,655
Mar 2017073246.772.98$2,184
Feb 201717974750.452.95$11,236
Jan 2017041249.413.42$1,409
Dec 201617434148.763.72$9,754
Nov 2016069742.492.64$1,843
Oct 2016063246.193.09$1,953
Sep 201617868741.553.10$9,526
Aug 2016085141.442.92$2,489
Jul 201618197741.622.92$10,390
Jun 2016026445.352.69$709
May 2016022142.521.99$440
Apr 2016033636.561.99$669
Mar 201617276933.011.79$7,057
Feb 2016070426.472.06$1,453
Jan 2016085727.352.36$2,026
Dec 201517878532.362.00$7,331
Nov 2015080538.792.17$1,745
Oct 2015053143.552.43$1,289
Sep 201518172242.992.76$9,773
Aug 2015061140.162.87$1,755
Jul 201517688648.152.95$11,084
Jun 2015078056.152.88$2,249
May 201518088955.212.96$12,565
Apr 2015055149.822.71$1,491
Mar 2015077942.892.93$2,286
Feb 201517677744.662.98$10,173
Jan 2015083043.433.10$2,574
Dec 2014050454.693.59$1,810
Nov 2014062170.464.25$2,640
Oct 201417768878.303.90$16,543
Sep 2014078886.164.05$3,188
Aug 2014088389.394.04$3,563
Jul 201417087896.564.18$20,085
Jun 2014093198.164.74$4,410
May 201417175494.734.73$19,763
Apr 2014056795.944.81$2,727
Mar 201416679595.895.06$19,938
Feb 2014066297.406.19$4,099
Jan 201416076390.404.86$18,173
Dec 2013072191.824.35$3,140
Nov 2013058888.853.74$2,198
Oct 201317677297.423.78$20,064
Sep 20130861104.113.72$3,201
Aug 2013178921104.253.52$21,801
Jul 2013174986102.523.72$21,504
Jun 2013093594.403.93$3,678
May 20131761,03494.834.15$20,980
Apr 2013062093.964.28$2,655
Mar 201317875993.623.91$19,634
Feb 2013080291.233.42$2,743
Jan 2013092291.603.42$3,153
Dec 201217448386.773.42$16,750
Nov 2012085186.953.62$3,085
Oct 201217894189.383.40$19,109
Sep 2012094194.672.92$2,746
Aug 201217893192.662.91$19,201
Jul 20121781,01385.133.02$18,213
Jun 201201,04179.822.52$2,622
May 201217781991.612.49$18,253
Apr 2012177935101.652.00$19,859
Mar 2012180983105.052.22$21,093
Feb 20120826101.102.57$2,123
Jan 2012090498.092.73$2,472
Dec 201117178596.873.24$19,108
Nov 2011091395.723.31$3,023
Oct 201118291684.983.65$18,808
Sep 201101,05083.623.99$4,185
Aug 201101,12583.404.15$4,668
Jul 20111791,26694.144.52$22,570
Jun 2011079292.904.64$3,675
May 20111771,15398.134.40$22,448
Apr 20110121105.964.33$524
Mar 2011026396.364.06$1,067
Feb 20110085.644.18$0
Jan 201117863186.504.59$18,293
Dec 2010080885.734.35$3,513
Nov 2010098780.843.80$3,746
Oct 20101761,09378.103.51$17,581
Sep 201001,11872.633.98$4,449
Aug 20101811,19373.684.42$18,608
Jul 2010066872.554.74$3,164
Jun 2010095770.364.91$4,699
May 20101741,13371.124.24$17,173
Apr 20101721,09581.694.12$18,565
Mar 2010094378.394.39$4,139
Feb 2010071573.585.44$3,891
Jan 201016788874.365.96$17,714
Dec 2009098871.445.48$5,418
Nov 200917895674.593.75$16,863
Oct 200901,18372.544.11$4,862
Sep 20091781,14665.543.06$15,178
Aug 200901,34967.423.22$4,342
Jul 20091761,21161.133.46$14,954
Jun 20091741,10766.163.90$15,824
May 200901,15254.743.93$4,522
Apr 20091751,03446.773.59$11,894
Mar 200901,18142.144.06$4,794
Feb 200917397532.814.63$10,193
Jan 2009089835.865.37$4,823
Dec 20081751,00137.105.98$12,476
Nov 200801,15955.496.86$7,951
Oct 20081751,27175.246.92$21,965
Sep 200801,331101.767.88$10,484
Aug 20081751,292114.228.48$30,949
Jul 20081751,505131.0811.39$40,080
Jun 200801,303131.3313.03$16,982
May 20081811,366123.1711.57$38,104
Apr 20081671,297110.3110.45$31,982
Mar 200801,128101.909.66$10,901
Feb 20081761,00592.538.77$25,100
Jan 200801,68690.388.21$13,835
Dec 20071711,25088.337.30$24,232
Nov 200701,33791.677.29$9,749
Oct 20071721,63282.856.92$25,547
Sep 200701,59275.846.24$9,941
Aug 20071771,63669.066.39$22,674
Jul 20071781,54070.906.39$22,458
Jun 20071511,24362.007.55$18,745
May 20071771,66458.747.85$23,453
Apr 2007069359.617.81$5,409
Mar 20073401,53156.927.30$30,532
Feb 200701,12255.108.22$9,218
Jan 20071641,28050.306.73$16,860
Dec 20061601,32956.656.92$18,259
Nov 200601,60954.207.62$12,257
Oct 20061811,03254.906.01$16,143
Sep 20061673860.085.04$10,225
Aug 200601,30368.717.34$9,564
Jul 20061631,19769.376.34$18,900
Jun 200601,04566.286.38$6,671
May 20061801,40066.016.42$20,877
Apr 20061731,19064.397.36$19,898
Mar 20061831,17756.707.08$18,713
Feb 200601,07757.597.75$8,348
Jan 20061741,12960.598.93$20,628
Dec 200501,18154.9413.42$15,844
Nov 20051831,22254.6910.59$22,947
Oct 200501,52058.3413.80$20,970
Sep 200517046061.4512.08$16,003
Aug 200501,33761.519.80$13,098
Jul 20051791,35355.697.84$20,581
Jun 20051781,23552.337.38$18,430
May 20051771,38345.226.65$17,202
Apr 200501,30049.207.36$9,569
Mar 20051771,27550.377.15$18,038
Feb 20051801,26645.226.31$16,130
Jan 20051781,42143.166.32$16,666
Dec 200401,22539.866.75$8,270
Nov 20041761,10245.286.33$14,945
Oct 20041781,34449.706.52$17,603
Sep 200401,38243.245.28$7,302
Aug 20041771,56542.375.55$16,186
Jul 20041811,53238.286.08$16,250
Jun 20041761,34736.106.43$15,019
May 20041781,52237.486.49$16,556
Apr 20041721,43134.475.86$14,312
Mar 20041761,56034.365.53$14,674
Feb 200401,26832.455.51$6,986
Jan 20041781,24632.036.30$13,551
Dec 20031691,19530.266.30$12,644
Nov 200301,29728.804.60$5,960
Oct 20031741,38728.174.76$11,503
Sep 20031771,54926.314.75$12,014
Aug 20031771,66229.765.13$13,793
Jul 200301,64729.415.17$8,516
Jun 20031771,28828.565.98$12,761
May 20031791,51626.595.97$13,814
Apr 20031771,06926.675.41$10,501
Mar 20031781,40931.146.10$14,132
Feb 20031741,30733.487.93$16,185
Jan 20031711,39030.315.58$12,942
Dec 200201,30126.914.85$6,315
Nov 20021741,44324.664.14$10,260
Oct 20021751,52526.464.23$11,080
Sep 20021761,60927.443.64$10,678
Aug 20021731,66125.963.16$9,747
Jul 20021771,70824.583.06$9,580
Jun 20021761,70423.733.34$9,865
May 20021771,90524.663.58$11,192
Apr 2002014223.653.51$499
Mar 20021731,46322.003.10$8,345
Feb 20021691,28518.222.38$6,132
Jan 20021741,45417.172.38$6,442
Dec 200101,72716.932.36$4,083
Nov 20011751,57818.072.41$6,958
Oct 20011791,63819.782.53$7,683
Sep 20011741,70224.262.25$8,053
Aug 20011741,68024.873.05$9,457
Jul 20011771,73723.933.20$9,789
Jun 20011721,74524.563.82$10,897
May 20011791,80725.524.31$12,351
Apr 20011791,69224.685.34$13,445
Mar 20011761,66724.545.38$13,282
Feb 20011801,40627.755.77$13,104
Jan 20013461,45327.478.40$21,708
Dec 2000061026.889.12$5,565
Nov 20001721,04832.215.66$11,470
Oct 20001721,54031.235.15$13,296
Sep 20001781,58131.875.19$13,873
Aug 20001761,53629.644.54$12,191
Jul 20001801,55728.534.09$11,503
Jun 20001791,64429.304.40$12,474
May 20001781,76927.263.68$11,362
Apr 20001801,70224.513.12$9,715
Mar 20001801,74228.422.86$10,097
Feb 20001691,67227.622.73$9,226
Jan 200001,63725.272.48$4,061
Dec 19991661,60524.282.42$7,921
Nov 19991781,74423.192.43$8,373
Oct 19993611,98120.982.80$13,128
Sep 19991801,67321.752.62$8,296
Aug 19991771,41619.262.88$7,481
Jul 19993512,07917.892.37$11,212
Jun 199902,09215.942.36$4,942
May 19991771,33915.792.32$5,903
Apr 199901,99915.102.21$4,414
Mar 19991711,29412.471.84$4,511
Feb 19991731,0619.981.82$3,655
Jan 199901,54910.381.90$2,943
Dec 19981761,8569.201.77$4,910
Nov 19981801,96210.892.19$6,249
Oct 19981742,09812.421.97$6,292
Sep 19981771,94712.592.08$6,283
Aug 19983471,75911.301.91$7,276
Jul 19981742,29011.742.24$7,166
Jun 19981812,30911.242.24$7,200
May 19983482,21812.622.21$9,285
Apr 19981802,08413.042.51$7,568
Mar 19981811,91512.802.31$6,739
Feb 19983531,72213.952.30$8,883
Jan 19981741,72114.702.15$6,266
Dec 19971731,74116.322.41$7,021
Nov 19971801,94218.193.09$9,272
Oct 19973602,43119.253.15$14,587
Sep 19971742,50817.742.95$10,498
Aug 19973562,04417.862.55$11,580
Jul 19971802,87017.582.25$9,613
Jun 19973502,91917.242.26$12,623
May 19971752,19318.972.31$8,382
Apr 19971812,36217.882.08$8,156
Mar 19973592,42718.951.94$11,509
Feb 19973512,98820.492.21$13,783
Jan 19973552,11223.483.54$15,811
Dec 199601,48223.32$0
Nov 19961801,59421.97$3,955
Oct 19963531,68023.31$8,228
Sep 19961771,76822.22$3,933
Aug 19961821,84120.26$3,687
Jul 19961781,93919.55$3,480
Jun 19961821,80518.73$3,409
May 19963531,80519.43$6,859
Apr 19961701,88221.51$3,657
Mar 19961741,91219.38$3,372
Feb 19961761,68616.98$2,988
Jan 19961762,02617.07$3,004
Dec 19951641,76117.19$2,819
Nov 19951731,63116.00$2,768
Oct 19951621,56015.43$2,500
Sep 1995090116.18$0
Aug 199517399615.92$2,754
Jul 199501,18415.24$0
Jun 199501,16116.41$0
May 19951731,08217.56$3,038
Apr 199501,29717.73$0
Mar 19951761,15816.44$2,893
Feb 1995097316.58$0
Jan 199501,12115.92$0
Dec 19941681,10415.03$2,525
Nov 19941711,08215.90$2,719
Oct 19941741,26015.58$2,711
Sep 199401,30015.29$0
Aug 19941711,70516.13$2,758
Jul 19941741,46617.56$3,055
Jun 199401,90517.09$0
May 19941761,35015.88$2,795
Apr 19943601,45914.14$5,090
Mar 19941771,69812.46$2,205
Feb 19941741,20412.50$2,175
Jan 19941782,11412.66$2,253
Dec 19933541,63312.33$4,365
Nov 19931761,63314.49$2,550
Oct 19931741,77515.85$2,758
Sep 199301,78815.03$0
Aug 19933081,97515.66$4,823
Jul 19931762,02415.46$2,721
Jun 19933631,94916.79$6,095
May 19931671,93617.68$2,953
Apr 19933371,87218.05$6,083
Mar 19931831,78218.14$3,320
Feb 19933461,62917.90$6,193
Jan 19931752,00416.93$2,963

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       488 Mcf  × $  3.05 =     $1,486

────────────────────────────────────────────────────
Month total                                   $1,486

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/719 is the state's own key, not one this site invented.