WARE -B-

Operated by BORGER RESOURCES 3 LLC (P-5 83233) 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 762District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$7.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$79 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
NGPA12none

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
OilDisposition135,629 bbl$6,492,500
Casinghead gasProduction373,687 Mcf$1,261,204
Total$7,753,704

64,604 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 (32)

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 35.6265, -101.2427. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

35.62640, -101.24276 · 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%
4 of 32 wells
With a plug date
12.5%
4 of 32 wells
Median depth
3,150 ft
14 wells filed one
Completion to plug
39.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
412.5%
A plug date is filed
412.5%
BothOn the schedule and plugged. Neither fact cancels the other.
412.5%
NeitherNo plug date, and not on the schedule.
2887.5%

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, 14 of 32 wells. Median 3,150 ft, with the middle half between 3,150 and 3,150 ft; the shallowest is 3,080 ft and the deepest 3,150 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, 13 of 32 wells, Jun 1953 – Jan 1980. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 1953 – Jan 1980
13 of 32 wells; 19 filed none
Plug dates filed
Jul 2012 – Feb 2025
4 of 32 wells; 28 filed none

Last completion to plug: a median of 39.3 years across the 2 wells that filed both dates, with the middle half between 35.9 years and 42.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

32 wells

42-23301370193,090 ftJul 2012Yes
42-2338097993,080 ftOct 2023Yes
42-233809722
42-233809733
42-233809744
42-233809755
42-233809766
42-233809777
42-233809788
42-2338098010
42-2338098111
42-2338098212
42-2338098313
42-2338098414
42-2338098515
42-2338098616
42-2338098717
42-2338098818
42-2338099020
42-2333069120323,150 ftJan 1980
42-2333069220313,150 ftJan 1980
42-2333069420293,150 ftJan 1980Jul 2012Yes
42-2333069320303,150 ftJan 1980
42-2333069520283,150 ftJan 1980
42-2333069620273,150 ftJan 1980
42-2333069720263,150 ftDec 1979
42-06530660253,150 ftFeb 1979
42-06530664213,150 ftFeb 1979
42-06530661223,150 ftFeb 1979
42-06530663243,150 ftJan 1979Feb 2025Yes
42-06530662233,150 ftJan 1979
42-233013571Jun 1953

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 20261800106.413.05$19,154
Apr 20260098.932.87$0
Mar 2026177089.753.15$15,886
Feb 2026167063.503.75$10,605
Jan 20260059.138.00$0
Dec 2025165056.664.41$9,349
Nov 20250058.593.93$0
Oct 2025173059.383.30$10,273
Sep 2025034762.743.08$1,068
Aug 2025172263.933.01$11,002
Jul 2025022866.743.32$756
Jun 2025033966.483.13$1,061
May 202517625760.553.23$11,488
Apr 202502762.363.54$96
Mar 20251786067.704.27$12,307
Feb 202518515870.884.34$13,799
Jan 202534757574.324.28$28,249
Dec 2024019768.993.12$615
Nov 2024019669.052.20$431
Oct 202436115071.372.28$26,107
Sep 20241851169.612.36$12,904
Aug 2024174075.632.06$13,160
Jul 2024176079.932.15$14,068
Jun 2024183078.082.63$14,289
May 2024183078.812.20$14,422
Apr 2024184084.451.66$15,539
Mar 2024179080.301.55$14,374
Feb 20241935876.091.78$14,789
Jan 202417861473.023.30$15,022
Dec 202315877871.262.61$13,290
Nov 202317871077.892.81$15,858
Oct 202317992785.443.09$18,156
Sep 202318082089.042.74$18,270
Aug 202335915980.522.67$29,332
Jul 2023180074.852.64$13,473
Jun 202318371068.962.26$14,223
May 20233691,11970.622.23$28,551
Apr 20231851,03878.122.24$16,775
Mar 202318193772.852.39$15,428
Feb 202318177775.112.47$15,511
Jan 202334476676.533.39$28,921
Dec 202217058376.415.73$16,330
Nov 202217694885.005.65$20,313
Oct 20223531,17387.185.86$37,653
Sep 20221751684.888.16$14,985
Aug 20221811,10794.529.13$27,212
Jul 20221741,080101.587.54$25,820
Jun 20223551,100115.097.98$49,632
May 20221861,119109.378.43$29,779
Apr 2022372581104.226.84$42,742
Mar 20223581,170108.885.08$44,918
Feb 202236291791.054.86$37,416
Jan 202219286181.844.54$19,620
Dec 202136150871.323.90$27,727
Nov 202118183977.435.24$18,409
Oct 202136189279.795.71$33,901
Sep 20211831,03769.865.35$18,333
Aug 20211761,32766.024.22$17,220
Jul 202117980770.783.98$15,883
Jun 202117682569.493.38$15,019
May 20213641,04463.483.02$26,257
Apr 20211791,13960.362.76$13,946
Mar 202135261761.302.72$23,254
Feb 202117491057.805.55$15,106
Jan 20213531,18250.412.81$21,116
Dec 20201751,25244.642.68$11,162
Nov 20203451,06238.772.71$16,250
Oct 20203561,08436.972.48$15,848
Sep 20203541,18437.091.99$15,487
Aug 20201791,16439.982.39$9,933
Jul 20203511,11938.371.83$15,510
Jun 20201801,14734.901.69$8,221
May 202035790116.921.81$7,676
Apr 20203601,09514.751.80$7,286
Mar 202017393730.341.86$6,988
Feb 202017569949.881.98$10,113
Jan 202036277557.252.09$22,348
Dec 201935295859.012.30$22,979
Nov 201918021955.302.75$10,556
Oct 201917436753.472.42$10,191
Sep 201935680455.052.66$21,734
Aug 201935627753.112.30$19,545
Jul 201935890956.272.46$22,381
Jun 20195351,26152.782.49$31,379
May 20195501,40458.482.74$36,011
Apr 201935379162.632.75$24,284
Mar 2019353056.803.06$20,050
Feb 2019353050.852.79$17,950
Jan 2019362046.033.23$16,663
Dec 2018367046.594.19$17,099
Nov 2018248052.934.24$13,127
Oct 2018247061.443.40$15,176
Sep 2018344059.543.11$20,482
Aug 2018343059.403.07$20,374
Jul 2018349065.142.93$22,734
Jun 2018345060.183.08$20,762
May 201885065.382.90$5,557
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201887062.874.01$5,470
Dec 2017069957.272.92$2,042
Nov 20171641,36855.423.12$13,355
Oct 2017781,46449.292.98$8,213
Sep 20171571,54147.523.09$12,218
Aug 20171651,42645.373.00$11,770
Jul 20171691,47943.873.09$11,980
Jun 20173391,55342.493.09$19,199
May 20172481,61445.373.26$16,519
Apr 201725192647.933.21$15,004
Mar 20173401,15746.772.98$19,354
Feb 20173391,40250.452.95$21,242
Jan 20173421,09949.413.42$20,655
Dec 20164221,21348.763.72$25,093
Nov 20161711,15342.492.64$10,315
Oct 20162601,43346.193.09$16,438
Sep 20161731,44941.553.10$11,681
Aug 20161661,22241.442.92$10,453
Jul 201625066941.622.92$12,361
Jun 201626280545.352.69$14,044
May 201617668642.521.99$8,849
Apr 20162701,32236.561.99$12,503
Mar 20162741,31033.011.79$11,395
Feb 20162641,19326.472.06$9,450
Jan 20162751,18427.352.36$10,321
Dec 201527145232.362.00$9,674
Nov 20152661,47638.792.17$13,517
Oct 201525692043.552.43$13,381
Sep 20152551,38642.992.76$14,786
Aug 20153381,56440.162.87$18,067
Jul 20153371,56748.152.95$20,841
Jun 20152511,19256.152.88$17,530
May 20152521,62455.212.96$18,713
Apr 20153381,05449.822.71$19,692
Mar 20153381,56742.892.93$19,096
Feb 20152551,55844.662.98$16,025
Jan 20153401,07443.433.10$18,096
Dec 20144175854.693.59$23,014
Nov 20142561,47070.464.25$24,288
Oct 20143382,41478.303.90$35,882
Sep 20143392,34486.164.05$38,691
Aug 20143341,10289.394.04$34,303
Jul 20143331,49296.564.18$38,390
Jun 20143341,53998.164.74$40,076
May 20144191,63994.734.73$47,439
Apr 20143371,69895.944.81$40,498
Mar 20143381,57495.895.06$40,370
Feb 20143431,30797.406.19$41,501
Jan 20143401,43890.404.86$37,726
Dec 2013337091.824.35$30,943
Nov 20132541,51288.853.74$28,220
Oct 20134291,63197.423.78$47,957
Sep 20132521,519104.113.72$31,883
Aug 20134101,675104.253.52$48,643
Jul 20134091,578102.523.72$47,797
Jun 20133391,46194.403.93$37,748
May 20134321,55794.834.15$47,427
Apr 20134281,57993.964.28$46,977
Mar 20134171,50193.623.91$44,913
Feb 20133371,28391.233.42$35,132
Jan 20134151,44091.603.42$42,939
Dec 20124181,62986.773.42$41,841
Nov 20124141,64586.953.62$41,960
Oct 20124021,84289.383.40$42,193
Sep 20124041,65494.672.92$43,074
Aug 20123191,81592.662.91$34,837
Jul 20124001,85685.133.02$39,659
Jun 20123131,63879.822.52$29,110
May 20124211,72191.612.49$42,850
Apr 20123481,731101.652.00$38,831
Mar 20124381,740105.052.22$49,878
Feb 20124391,360101.102.57$47,878
Jan 20123451,45498.092.73$37,816
Dec 20114241,41896.873.24$45,667
Nov 20113381,61695.723.31$37,704
Oct 20114191,85184.983.65$42,360
Sep 20113391,75383.623.99$35,334
Aug 20114251,83983.404.15$43,076
Jul 20114171,82394.144.52$47,491
Jun 20113371,48992.904.64$38,216
May 20114231,87698.134.40$49,772
Apr 20113351,574105.964.33$42,317
Mar 20114381,74596.364.06$49,286
Feb 201136891685.644.18$35,344
Jan 20114281,40186.504.59$43,451
Dec 20104221,47685.734.35$42,595
Nov 20103391,53680.843.80$33,234
Oct 20104261,44078.103.51$38,323
Sep 20104191,73372.633.98$37,328
Aug 20104281,81973.684.42$39,574
Jul 20104211,77472.554.74$38,946
Jun 20104271,86570.364.91$39,202
May 20104272,02771.124.24$38,953
Apr 20105121,87581.694.12$49,555
Mar 20104901,86378.394.39$46,587
Feb 20105051,67873.585.44$46,290
Jan 20105221,68174.365.96$48,842
Dec 20094401,74471.445.48$40,997
Nov 20094351,91374.593.75$39,623
Oct 20095172,04172.544.11$45,892
Sep 20095152,07165.543.06$40,100
Aug 20095881,56267.423.22$44,670
Jul 20095962,10861.133.46$43,737
Jun 20096831,99966.163.90$52,973
May 20096102,26454.743.93$42,279
Apr 20096071,91646.773.59$35,263
Mar 20095221,72142.144.06$28,983
Feb 20094361,43632.814.63$20,958
Jan 20095181,31835.865.37$25,654
Dec 20084351,08337.105.98$22,612
Nov 20085101,57255.496.86$39,084
Oct 20084401,62975.246.92$44,382
Sep 20084401,667101.767.88$57,906
Aug 20085221,607114.228.48$73,255
Jul 20085141,621131.0811.39$85,837
Jun 20086211,802131.3313.03$105,041
May 20085231,118123.1711.57$77,358
Apr 20084201,143110.3110.45$58,280
Mar 20084241,087101.909.66$53,710
Feb 20084221,00792.538.77$47,880
Jan 200850396390.388.21$53,363
Dec 200742895688.337.30$44,786
Nov 20074341,04391.677.29$47,390
Oct 20076051,26682.856.92$58,887
Sep 20073521,12775.846.24$33,733
Aug 20073371,12669.066.39$30,466
Jul 200735586170.906.39$30,670
Jun 200735184862.007.55$28,163
May 20074431,01658.747.85$33,994
Apr 200734369659.617.81$25,879
Mar 200741455856.927.30$27,639
Feb 200725542055.108.22$17,501
Jan 20077727750.306.73$5,736
Dec 20067163156.656.92$8,388
Nov 200606554.207.62$495
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 200604666.286.38$294
May 200669066.016.42$4,555
Apr 200669064.397.36$4,443
Mar 200676056.707.08$4,309
Feb 200604657.597.75$357
Jan 20067446160.598.93$8,602
Dec 20057042054.9413.42$9,480
Nov 20057963454.6910.59$11,034
Oct 20056860858.3413.80$12,355
Sep 20057431761.4512.08$8,376
Aug 200514247861.519.80$13,417
Jul 200513994655.697.84$15,161
Jun 20055953552.337.38$7,036
May 200511147445.226.65$8,172
Apr 20055565149.207.36$7,498
Mar 20055781850.377.15$8,724
Feb 20055754045.226.31$5,986
Jan 2005748143.166.32$3,706
Dec 20041561939.866.75$6,346
Nov 200407845.286.33$494
Oct 200415030749.706.52$9,455
Sep 200422434543.245.28$11,509
Aug 200414934542.375.55$8,228
Jul 200415337938.286.08$8,163
Jun 200415332636.106.43$7,620
May 200415525737.486.49$7,479
Apr 20048131734.475.86$4,649
Mar 20048127334.365.53$4,293
Feb 20048012232.455.51$3,268
Jan 200484032.036.30$2,691
Dec 20030030.266.30$0
Nov 200397028.804.60$2,794
Oct 2003346028.174.76$9,747
Sep 20030026.314.75$0
Aug 2003161029.765.13$4,791
Jul 2003146029.415.17$4,294
Jun 2003171028.565.98$4,884
May 2003344026.595.97$9,147
Apr 2003342026.675.41$9,121
Mar 2003183031.146.10$5,699
Feb 2003174033.487.93$5,826
Jan 2003377030.315.58$11,427
Dec 20022032626.914.85$5,589
Nov 20021719924.664.14$4,626
Oct 200234577926.464.23$12,423
Sep 200237712527.443.64$10,799
Aug 200210067225.963.16$4,722
Jul 200256534324.583.06$14,938
Jun 200220145123.733.34$6,275
May 200254733724.663.58$14,697
Apr 2002030723.653.51$1,078
Mar 200219256622.003.10$5,980
Feb 200218061118.222.38$4,731
Jan 200219675517.172.38$5,159
Dec 200129867716.932.36$6,646
Nov 20011981,14318.072.41$6,327
Oct 200131954219.782.53$7,680
Sep 200119293324.262.25$6,758
Aug 200130271724.873.05$9,700
Jul 200128791323.933.20$9,787
Jun 200130567024.563.82$10,053
May 20013841,10625.524.31$14,564
Apr 200131362124.685.34$11,038
Mar 200132267524.545.38$11,531
Feb 200131581627.755.77$13,447
Jan 200142040727.478.40$14,956
Dec 20008629426.889.12$4,994
Nov 200025448432.215.66$10,920
Oct 200026768831.235.15$11,879
Sep 200025985731.875.19$12,699
Aug 20003611,03929.644.54$15,418
Jul 20002731,16728.534.09$12,561
Jun 20003551,28529.304.40$16,052
May 20003681,35427.263.68$15,014
Apr 200046290424.513.12$14,140
Mar 20002841,00828.422.86$10,954
Feb 200028069527.622.73$9,629
Jan 20003561,30625.272.48$12,236
Dec 199939293824.282.42$11,791
Nov 19993761,14123.192.43$11,497
Oct 19993121,23520.982.80$10,008
Sep 19993571,16121.752.62$10,805
Aug 19993441,17319.262.88$9,999
Jul 199937390517.892.37$8,820
Jun 199916260615.942.36$4,014
May 199925463415.792.32$5,482
Apr 199933368815.102.21$6,547
Mar 199917964612.471.84$3,420
Feb 19992824089.981.82$3,556
Jan 199919253910.381.90$3,017
Dec 1998946899.201.77$2,087
Nov 19989583410.892.19$2,857
Oct 19981831,01712.421.97$4,276
Sep 19981771,11612.592.08$4,553
Aug 19982821,20211.301.91$5,479
Jul 19982811,26311.742.24$6,125
Jun 19981711,04211.242.24$4,253
May 19984221,18112.622.21$7,931
Apr 19982601,16613.042.51$6,312
Mar 199834476412.802.31$6,168
Feb 199818172213.952.30$4,185
Jan 199872669614.702.15$12,172
Dec 199768983216.322.41$13,251
Nov 199767980818.193.09$14,846
Oct 19977301,16019.253.15$17,706
Sep 19977331,32717.742.95$16,925
Aug 199763092617.862.55$13,617
Jul 19977171,45317.582.25$15,870
Jun 199773556117.242.26$13,938
May 199773150918.972.31$15,042
Apr 199767040217.882.08$12,817
Mar 199777153918.951.94$15,656
Feb 199764463520.492.21$14,596
Jan 199770177223.483.54$19,192
Dec 199686190223.32$20,079
Nov 19966431,24121.97$14,127
Oct 19967491,31123.31$17,459
Sep 19967291,27822.22$16,198
Aug 19967031,50320.26$14,243
Jul 19967481,39719.55$14,623
Jun 19966721,18118.73$12,587
May 19967311,08219.43$14,203
Apr 19967441,08221.51$16,003
Mar 19966931,12519.38$13,430
Feb 19966821,09016.98$11,580
Jan 19967721,11917.07$13,178
Dec 19957111,40817.19$12,222
Nov 19957121,58316.00$11,392
Oct 19957201,89815.43$11,110
Sep 19956781,86516.18$10,970
Aug 19957241,80415.92$11,526
Jul 19956911,69115.24$10,531
Jun 19955831,40716.41$9,567
May 19957101,60217.56$12,468
Apr 19956991,81917.73$12,393
Mar 19958161,72916.44$13,415
Feb 19957011,74716.58$11,623
Jan 199571051115.92$11,303
Dec 19947131,04615.03$10,716
Nov 19946731,13415.90$10,701
Oct 19947381,20615.58$11,498
Sep 19947741,19615.29$11,834
Aug 19947531,23016.13$12,146
Jul 19946711,21717.56$11,783
Jun 19946711,08717.09$11,467
May 199473499215.88$11,656
Apr 199464297014.14$9,078
Mar 199467799212.46$8,435
Feb 19945621,02212.50$7,025
Jan 19946151,14312.66$7,786
Dec 19936331,25112.33$7,805
Nov 19935771,64814.49$8,361
Oct 19935731,86015.85$9,082
Sep 19936861,87115.03$10,311
Aug 19936781,93715.66$10,617
Jul 19936101,77615.46$9,431
Jun 19937011,78116.79$11,770
May 19936311,51217.68$11,156
Apr 19936211,09518.05$11,209
Mar 19937681,14918.14$13,932
Feb 199365297317.90$11,671
Jan 19936901,14116.93$11,682

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                  180 bbl  × $106.41 =    $19,154
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $19,154

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/762 is the state's own key, not one this site invented.