HERNDON -C-

Operated by COURSON OIL & GAS, INC. (P-5 182785) in the PAN PETRO (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8262District 10Field 68735120OilCasinghead gasSaveExport
Value, all time
$5.8 M
May 2011 – May 2026
Value, last 12 filed months
$223 k
at the published price for each month
Months reported
181
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 965 leases and 1,339 wells, and the rule below applies to all of them.

Discovered
1974-03-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-04-18.

The Commission's schedule remark for this field reads: PRORATION ACRES PLATS ARE REQUIRED.

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
OilDisposition71,179 bbl$3,759,838
Casinghead gasProduction653,283 Mcf$2,036,559
Total$5,796,397

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 36.2436, -100.6953. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

36.24362, -100.69528 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
8,301 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 7,089 and 9,512 ft, median 8,301 ft, over the 2 wells that filed a depth.

Completions filed
May 2016
1 of 2 wells; 1 filed none
Plug dates filed
Feb 2023
1 of 2 wells; 1 filed none

2 wells

42-357005262 U9,512 ftFeb 2023Yes
42-357336111H7,089 ftMay 2016

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 (181)

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

181 months

May 20261942,475106.413.05$28,182
Apr 20261922,39598.932.87$25,868
Mar 20261936289.753.15$17,517
Feb 20261971,56163.503.75$18,364
Jan 2026056159.138.00$4,487
Dec 20251972,12856.664.41$20,554
Nov 20251972,16058.593.93$20,023
Oct 20252652,39259.383.30$23,641
Sep 20251942,10462.743.08$18,645
Aug 202502,16163.933.01$6,515
Jul 20251902,29366.743.32$20,282
Jun 20251931,93666.483.13$18,888
May 20251932,11060.553.23$18,506
Apr 20251942,08062.363.54$19,468
Mar 20251942,23567.704.27$22,674
Feb 202519882070.884.34$17,594
Jan 202519394074.324.28$18,366
Dec 2024089468.993.12$2,791
Nov 2024041269.052.20$906
Oct 20243781,02771.372.28$29,321
Sep 2024047269.612.36$1,116
Aug 20241911,64775.632.06$17,844
Jul 202419297979.932.15$17,448
Jun 20241921,20778.082.63$18,171
May 20241941,28078.812.20$18,103
Apr 202401,46684.451.66$2,432
Mar 20241941,11980.301.55$17,307
Feb 20241931,68176.091.78$17,684
Jan 20241951,48373.023.30$19,129
Dec 20231931,87271.262.61$18,640
Nov 20231921,53377.892.81$19,259
Oct 20232562,09485.443.09$28,337
Sep 20231901,48989.042.74$20,990
Aug 20231902,33480.522.67$21,537
Jul 20231881,64974.852.64$18,428
Jun 20231901,75168.962.26$17,057
May 20231911,87670.622.23$17,667
Apr 20231931,61078.122.24$18,680
Mar 20231931,61472.852.39$17,923
Feb 202301,62575.112.47$4,007
Jan 20231902,10476.533.39$21,668
Dec 20223721,85776.415.73$39,063
Nov 20221922,18085.005.65$28,629
Oct 202202,29587.185.86$13,457
Sep 20221902,19784.888.16$34,063
Aug 20221871,50494.529.13$31,402
Jul 2022189492101.587.54$22,909
Jun 20221881,053115.097.98$30,037
May 20221901,428109.378.43$32,823
Apr 20221911,397104.226.84$29,458
Mar 202201,359108.885.08$6,899
Feb 20221881,11991.054.86$22,554
Jan 20221902,11181.844.54$25,129
Dec 20211912,07871.323.90$21,724
Nov 20211911,76277.435.24$24,016
Oct 20211891,82579.795.71$25,508
Sep 20211881,36369.865.35$20,427
Aug 20211891,46066.024.22$18,640
Jul 20211882,80470.783.98$24,472
Jun 20211902,51469.493.38$21,702
May 20211902,19963.483.02$18,697
Apr 20211911,73560.362.76$16,315
Mar 20215732,63561.302.72$42,284
Feb 20211921,50157.805.55$19,425
Jan 202102,72550.412.81$7,658
Dec 20201882,49744.642.68$15,073
Nov 20201891,51938.772.71$11,439
Oct 20201901,40036.972.48$10,494
Sep 20203732,31437.091.99$18,442
Aug 20203723,68439.982.39$23,659
Jul 202055453938.371.83$22,241
Jun 202002,98634.901.69$5,047
May 202001,65316.921.81$3,000
Apr 202003,06314.751.80$5,527
Mar 20201953,49130.341.86$12,396
Feb 20201953,49449.881.98$16,647
Jan 20203884,25057.252.09$31,116
Dec 20191964,98659.012.30$23,056
Nov 20193743,50755.302.75$30,329
Oct 20193833,62553.472.42$29,246
Sep 20193823,25655.052.66$29,681
Aug 20191863,59953.112.30$18,172
Jul 20193682,75456.272.46$27,482
Jun 20193532,50852.782.49$24,879
May 20193723,68758.482.74$31,858
Apr 20191863,81062.632.75$22,129
Mar 20193803,95556.803.06$33,695
Feb 20193454,72150.852.79$30,725
Jan 20195266,45746.033.23$45,056
Dec 20187057,72646.594.19$65,183
Nov 20187337,06452.934.24$68,730
Oct 20185407,73161.443.40$59,448
Sep 20185267,74159.543.11$55,377
Aug 20185388,11759.403.07$56,848
Jul 20187248,90765.142.93$73,276
Jun 20185287,99560.183.08$56,375
May 20188639,73365.382.90$84,656
Apr 20187419,76963.842.90$75,643
Mar 20187069,97561.222.79$71,020
Feb 20187057,93461.782.77$65,501
Jan 20187208,16762.874.01$78,011
Dec 201793110,80857.272.92$84,894
Nov 201790410,93055.423.12$84,183
Oct 201773610,25349.292.98$66,869
Sep 201790911,23947.523.09$77,894
Aug 20171,29912,70045.373.00$97,092
Jul 20171,26213,43843.873.09$96,851
Jun 20177399,68242.493.09$61,291
May 20171,47015,53045.373.26$117,375
Apr 20171,48015,74447.933.21$121,500
Mar 20171,64518,07446.772.98$130,864
Feb 20171,65716,84750.452.95$133,338
Jan 20171,64213,28649.413.42$126,553
Dec 20162,38422,66448.763.72$200,618
Nov 20162,22723,46942.492.64$156,685
Oct 20163,10128,85046.193.09$232,389
Sep 20163,49128,77741.553.10$234,278
Aug 20163,97431,90641.442.92$257,987
Jul 20165,23432,77941.622.92$313,696
Jun 20165,80829,63445.352.69$342,985
May 20162,9608,40342.521.99$142,590
Apr 201602036.561.99$40
Mar 201602033.011.79$36
Feb 20160626.472.06$12
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150443.552.43$10
Sep 20150842.992.76$22
Aug 2015181840.162.87$7,292
Jul 201501048.152.95$29
Jun 20152856.152.88$135
May 201501055.212.96$30
Apr 201501449.822.71$38
Mar 201501242.892.93$35
Feb 201501044.662.98$30
Jan 201501443.433.10$43
Dec 20140854.693.59$29
Nov 201401470.464.25$60
Oct 20141761878.303.90$13,851
Sep 201401486.164.05$57
Aug 201402689.394.04$105
Jul 20141882696.564.18$18,262
Jun 20140098.164.74$0
May 20141842094.734.73$17,525
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20141652090.404.86$15,013
Dec 20130491.824.35$17
Nov 20130288.853.74$7
Oct 201301097.423.78$38
Sep 201306104.113.72$22
Aug 201302104.253.52$7
Jul 201300102.523.72$0
Jun 20130894.403.93$31
May 20130494.834.15$17
Apr 20130893.964.28$34
Mar 20130693.623.91$23
Feb 201301291.233.42$41
Jan 20130691.603.42$21
Dec 20120486.773.42$14
Nov 20120886.953.62$29
Oct 20120689.383.40$20
Sep 20120694.672.92$18
Aug 20120492.662.91$12
Jul 20120285.133.02$6
Jun 20120279.822.52$5
May 20120291.612.49$5
Apr 201204101.652.00$8
Mar 20121822105.052.22$19,124
Feb 201204101.102.57$10
Jan 20120298.092.73$5
Dec 20110496.873.24$13
Nov 20110495.723.31$13
Oct 20110484.983.65$15
Sep 20110483.623.99$16
Aug 20110483.404.15$17
Jul 20110294.144.52$9
Jun 20110292.904.64$9
May 201196498.134.40$9,438

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                  194 bbl  × $106.41 =    $20,644
Casinghead gas     2,475 Mcf  × $  3.05 =     $7,538

────────────────────────────────────────────────────
Month total                                  $28,182

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/8262 is the state's own key, not one this site invented.