LEDBETTER

Operated by MMGL TXPH, LLC (P-5 101619) in the MILLS RANCH (GRANITE WASH CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8184District 10Field 61691235OilCasinghead gasSaveExport
Value, all time
$109.7 M
Mar 2010 – May 2026
Value, last 12 filed months
$466 k
at the published price for each month
Months reported
195
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 274 leases and 400 wells, and the rule below applies to all of them.

Discovered
2010-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-07-09.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET #01-0299858.

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
OilDisposition1,074,280 bbl$92,353,989
Casinghead gasProduction5,027,663 Mcf$17,360,280
Total$109,714,269

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 35.3920, -100.0904. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

35.39288, -100.08965 · 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%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
10,143 ft
3 wells filed one
Completion to plug
14.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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

Between 10,137 and 11,187 ft, median 10,143 ft, over the 3 wells that filed a depth.

Completions filed
May 2009 – Jun 2012
3 of 3 wells
Plug dates filed
May 2023
1 of 3 wells; 2 filed none

Last completion to plug: a median of 14.0 years across the 1 well that filed both dates, with the middle half between 14.0 years and 14.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-483331384021H10,143 ftJun 2012
42-483332615021H10,137 ftOct 2011
42-48332833302111,187 ftMay 2009May 2023Yes

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 (195)

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

195 months

May 20266925,937106.413.05$91,719
Apr 20263445,61798.932.87$50,151
Mar 20263506,06789.753.15$50,520
Feb 20261756,71063.503.75$36,277
Jan 202606459.138.00$512
Dec 20253511,70156.664.41$27,395
Nov 20253374,75658.593.93$38,419
Oct 20251733,04859.383.30$20,346
Sep 20251742,66162.743.08$19,104
Aug 20253522,59563.933.01$30,327
Jul 20255127,00966.743.32$57,407
Jun 20253516,56166.483.13$43,862
May 20253246,14760.553.23$39,487
Apr 20256826,07562.363.54$64,054
Mar 202505,90167.704.27$25,187
Feb 20253372,60070.884.34$35,173
Jan 20255167,36874.324.28$69,874
Dec 20247025,36068.993.12$65,162
Nov 20243405,25469.052.20$35,028
Oct 20246788,48471.372.28$67,744
Sep 20243509,23969.612.36$46,208
Aug 20243505,48475.632.06$37,787
Jul 202482811,97879.932.15$91,894
Jun 202448810,93878.082.63$66,914
May 202448910,32378.812.20$61,233
Apr 20241768,25584.451.66$28,560
Mar 20245387,10180.301.55$54,173
Feb 20243538,14376.091.78$41,384
Jan 20245395,20573.023.30$56,522
Dec 202384412,17471.262.61$91,926
Nov 202352610,43477.892.81$70,264
Oct 202350510,53985.443.09$75,684
Sep 20236889,64589.042.74$87,639
Aug 202334612,47880.522.67$61,212
Jul 202366214,15874.852.64$86,953
Jun 20235258,57668.962.26$55,573
May 20231748,10470.622.23$30,339
Apr 20231807,27578.122.24$30,341
Mar 20233486,31872.852.39$40,472
Feb 20233436,13175.112.47$40,880
Jan 202370713,14776.533.39$98,645
Dec 202268813,68876.415.73$130,990
Nov 20221,02912,83685.005.65$159,940
Oct 202284915,15887.185.86$162,899
Sep 20221,02415,28584.888.16$211,699
Aug 20221,00116,11994.529.13$241,735
Jul 20221,02915,986101.587.54$225,094
Jun 202298815,620115.097.98$238,313
May 202282312,383109.378.43$194,438
Apr 202284716,630104.226.84$201,984
Mar 20221,38913,848108.885.08$221,532
Feb 20221,33415,85491.054.86$198,493
Jan 20221,04217,85981.844.54$166,316
Dec 20211,36914,94671.323.90$155,913
Nov 202169213,82977.435.24$126,002
Oct 20211,03714,13079.795.71$163,479
Sep 202169216,38469.865.35$136,013
Aug 20211,19017,20066.024.22$151,158
Jul 202187112,47170.783.98$111,310
Jun 202167812,44269.493.38$89,176
May 20211,53017,34263.483.02$149,457
Apr 20211,04618,97760.362.76$115,483
Mar 202186520,77461.302.72$109,466
Feb 20216746,29857.805.55$73,898
Jan 202199515,62050.412.81$94,054
Dec 202086417,62444.642.68$85,721
Nov 202086310,14738.772.71$60,922
Oct 202086019,76936.972.48$80,790
Sep 20201,02721,30937.091.99$80,519
Aug 20201,21323,68439.982.39$104,984
Jul 202066815,48738.371.83$53,897
Jun 20201,20517,49434.901.69$71,625
May 20201,56220,11716.921.81$62,936
Apr 20201,30519,84014.751.80$55,048
Mar 20201,39921,17030.341.86$81,742
Feb 20201,12120,29749.881.98$96,117
Jan 20201,58521,68257.252.09$136,159
Dec 20191,31119,59759.012.30$122,521
Nov 20191,16510,08455.302.75$92,163
Oct 201999211,27353.472.42$80,306
Sep 20191,39822,27955.052.66$136,161
Aug 20191,55023,35753.112.30$136,143
Jul 20191,52523,53156.272.46$143,699
Jun 20191,95221,95252.782.49$157,713
May 20191,76121,97258.482.74$163,194
Apr 20191,69720,08862.632.75$161,539
Mar 20191,69215,83356.803.06$144,588
Feb 20191,01016,28950.852.79$96,841
Jan 20191,42918,17746.033.23$124,456
Dec 20181,55122,01446.594.19$164,399
Nov 20181,29413,86552.934.24$127,241
Oct 20181,40121,37361.443.40$158,705
Sep 20181,18218,56059.543.11$128,061
Aug 20181,37215,07759.403.07$127,731
Jul 20181,0849,79165.142.93$99,318
Jun 20189717,63760.183.08$81,933
May 20181,93120,26365.382.90$185,028
Apr 20181,57319,75563.842.90$157,726
Mar 20181,62420,35261.222.79$156,139
Feb 20181,62317,98761.782.77$150,023
Jan 20181,38120,89962.874.01$170,614
Dec 201796919,56657.272.92$112,657
Nov 20171,18821,29855.423.12$132,254
Oct 20171,47325,19449.292.98$147,775
Sep 20171,21624,41747.523.09$133,166
Aug 20171,40624,79945.373.00$138,296
Jul 20171,70330,76543.873.09$169,691
Jun 20172,17029,79542.493.09$184,189
May 20171,73730,91945.373.26$179,709
Apr 20172,10230,73047.933.21$199,441
Mar 20172,25234,60746.772.98$208,582
Feb 20172,25629,19650.452.95$200,019
Jan 20171,64033,58949.413.42$195,866
Dec 20162,66836,78348.763.72$267,029
Nov 20162,93940,62742.492.64$232,310
Oct 20162,91541,52746.193.09$262,973
Sep 20163,47840,75341.553.10$270,871
Aug 20163,33841,79741.442.92$260,555
Jul 20163,39440,10841.622.92$258,548
Jun 20164,08839,53345.352.69$291,570
May 20164,66635,79942.521.99$269,676
Apr 20162,54620,77736.561.99$134,450
Mar 20161,87617,69233.011.79$93,666
Feb 20162,10417,89726.472.06$92,626
Jan 20162,67122,03427.352.36$125,148
Dec 20152,54828,47732.362.00$139,447
Nov 20153,31032,59838.792.17$199,046
Oct 20153,14937,25843.552.43$227,548
Sep 20154,39738,04942.992.76$293,982
Aug 20155,10740,10040.162.87$320,284
Jul 20153,86531,86448.152.95$279,942
Jun 20153,47728,75056.152.88$278,116
May 20153,79132,07055.212.96$304,082
Apr 20154,16625,35949.822.71$276,186
Mar 20154,29328,02442.892.93$266,369
Feb 20152,88519,70344.662.98$187,484
Jan 20153,96923,73943.433.10$245,980
Dec 20144,67229,14654.693.59$360,185
Nov 20144,97733,18270.464.25$491,764
Oct 20145,86938,40078.303.90$609,340
Sep 20146,24938,45386.164.05$693,973
Aug 20146,33963,40189.394.04$822,474
Jul 20147,36554,43896.564.18$938,693
Jun 20147,21953,59698.164.74$962,495
May 20148,48056,16194.734.73$1,068,759
Apr 20147,65558,03795.944.81$1,013,528
Mar 20147,10358,39495.895.06$976,393
Feb 20147,51552,51497.406.19$1,057,128
Jan 20149,95364,07590.404.86$1,211,202
Dec 20138,90357,17391.824.35$1,066,432
Nov 20139,63866,24488.853.74$1,103,975
Oct 201310,48772,32197.423.78$1,294,971
Sep 201311,37176,349104.113.72$1,467,681
Aug 201313,30371,357104.253.52$1,638,201
Jul 201314,51480,028102.523.72$1,785,499
Jun 201313,05175,48594.403.93$1,528,928
May 201316,83993,33294.834.15$1,984,084
Apr 201316,73779,82793.964.28$1,914,475
Mar 201319,29784,89393.623.91$2,138,760
Feb 201315,38273,57691.233.42$1,654,923
Jan 201321,93192,73391.603.42$2,326,018
Dec 201222,98093,61186.773.42$2,314,139
Nov 201223,97792,29186.953.62$2,419,351
Oct 201228,31496,81689.383.40$2,859,849
Sep 201229,07279,97094.672.92$2,985,631
Aug 201228,80078,64692.662.91$2,897,323
Jul 201234,67381,90685.133.02$3,199,134
Jun 201235,57575,18179.822.52$3,028,980
May 201235,50763,51891.612.49$3,410,849
Apr 201237,94553,494101.652.00$3,963,926
Mar 201230,55517,573105.052.22$3,248,851
Feb 201245,20657,524101.102.57$4,718,177
Jan 201249,29054,02898.092.73$4,982,573
Dec 201139,30340,61596.873.24$3,938,864
Nov 201130,65030,52795.723.31$3,034,901
Oct 20113,2832,12584.983.65$286,742
Sep 201126,76227,71283.623.99$2,348,293
Aug 201124,70425,38083.404.15$2,165,623
Jul 201127,47028,12694.144.52$2,713,078
Jun 201128,18929,20992.904.64$2,754,284
May 201134,72033,37398.134.40$3,554,076
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20115189685.644.18$44,763
Jan 20111,2282,38286.504.59$117,152
Dec 20101,4331,99585.734.35$131,525
Nov 20104952,48180.843.80$49,432
Oct 20101,2352,27278.103.51$104,426
Sep 20101,0593,13672.633.98$89,395
Aug 20101,3783,73473.684.42$118,033
Jul 20101,4003,83472.554.74$119,730
Jun 20101,2164,14470.364.91$105,906
May 20101,5704,79271.124.24$131,954
Apr 20100081.694.12$0
Mar 20100078.394.39$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                  692 bbl  × $106.41 =    $73,636
Casinghead gas     5,937 Mcf  × $  3.05 =    $18,083

────────────────────────────────────────────────────
Month total                                  $91,719

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/8184 is the state's own key, not one this site invented.