GEX "B"

Operated by LATIGO PETROLEUM, LLC (P-5 488260) in the LIPSCOMB (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8390District 10Field 53869270OilCasinghead gasSaveExport
Value, all time
$565 k
May 2011 – May 2026
Value, last 12 filed months
$17 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 1,389 leases and 1,486 wells, and the rule below applies to all of them.

Discovered
1958-05-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2013-08-06.

The Commission's schedule remark for this field reads: FIELD

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
OilDisposition3,692 bbl$248,945
Casinghead gasProduction93,609 Mcf$316,406
Total$565,352

Wells on this lease (1)

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 36.3304, -100.1429. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.33045, -100.14287 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,731 ft
1 wells filed one
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.
1100.0%

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

The one well that filed a depth was drilled to 7,731 ft.

Completions filed
May 1975
1 of 1 wells

1 well

42-2953019117,731 ftMay 1975

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 20260518106.413.05$1,578
Apr 2026024998.932.87$715
Mar 2026038889.753.15$1,222
Feb 2026035463.503.75$1,328
Jan 2026034459.138.00$2,751
Dec 2025040156.664.41$1,770
Nov 2025040058.593.93$1,571
Oct 2025041559.383.30$1,372
Sep 2025040262.743.08$1,237
Aug 2025039763.933.01$1,197
Jul 2025040666.743.32$1,346
Jun 2025039566.483.13$1,236
May 2025040560.553.23$1,309
Apr 202517239862.363.54$12,136
Mar 2025040567.704.27$1,729
Feb 2025036270.884.34$1,571
Jan 2025039674.324.28$1,694
Dec 2024044868.993.12$1,398
Nov 2024045669.052.20$1,002
Oct 2024042471.372.28$967
Sep 2024044569.612.36$1,052
Aug 2024046775.632.06$964
Jul 2024046679.932.15$1,000
Jun 2024045678.082.63$1,201
May 2024047078.812.20$1,033
Apr 202416646084.451.66$14,782
Mar 2024047180.301.55$728
Feb 2024044076.091.78$785
Jan 20240073.023.30$0
Dec 2023047771.262.61$1,245
Nov 2023045977.892.81$1,289
Oct 2023047885.443.09$1,476
Sep 2023046689.042.74$1,275
Aug 2023048380.522.67$1,291
Jul 202316848674.852.64$13,859
Jun 2023044168.962.26$996
May 2023047670.622.23$1,060
Apr 2023046278.122.24$1,034
Mar 2023047972.852.39$1,146
Feb 2023043575.112.47$1,073
Jan 2023048276.533.39$1,633
Dec 2022048676.415.73$2,784
Nov 202216147785.005.65$16,378
Oct 2022050187.185.86$2,938
Sep 2022048984.888.16$3,992
Aug 2022050294.529.13$4,582
Jul 20220507101.587.54$3,824
Jun 20220490115.097.98$3,909
May 20220508109.378.43$4,284
Apr 20220482104.226.84$3,296
Mar 2022167490108.885.08$20,670
Feb 2022044791.054.86$2,172
Jan 2022049281.844.54$2,233
Dec 2021050071.323.90$1,950
Nov 2021050477.435.24$2,639
Oct 2021050479.795.71$2,880
Sep 2021049169.865.35$2,627
Aug 2021051166.024.22$2,157
Jul 2021050870.783.98$2,023
Jun 2021049769.493.38$1,680
May 2021051363.483.02$1,548
Apr 2021049560.362.76$1,365
Mar 2021051061.302.72$1,386
Feb 2021043157.805.55$2,391
Jan 202119151950.412.81$11,087
Dec 2020052444.642.68$1,402
Nov 2020051738.772.71$1,399
Oct 2020054236.972.48$1,343
Sep 2020052837.091.99$1,051
Aug 2020055039.982.39$1,312
Jul 2020055538.371.83$1,013
Jun 2020054234.901.69$916
May 2020057416.921.81$1,042
Apr 202020023014.751.80$3,365
Mar 2020055030.341.86$1,021
Feb 2020058349.881.98$1,155
Jan 2020054557.252.09$1,142
Dec 2019057659.012.30$1,327
Nov 2019054755.302.75$1,505
Oct 2019057253.472.42$1,383
Sep 2019056455.052.66$1,499
Aug 2019059353.112.30$1,366
Jul 201917548856.272.46$11,048
Jun 2019047452.782.49$1,181
May 2019057658.482.74$1,578
Apr 2019057862.632.75$1,590
Mar 2019061556.803.06$1,883
Feb 2019057450.852.79$1,603
Jan 2019080746.033.23$2,605
Dec 20181858846.594.19$8,987
Nov 2018012752.934.24$538
Oct 2018031761.443.40$1,077
Sep 2018051559.543.11$1,601
Aug 2018053459.403.07$1,638
Jul 2018053565.142.93$1,569
Jun 2018051660.183.08$1,588
May 2018053665.382.90$1,555
Apr 2018054463.842.90$1,578
Mar 201816854161.222.79$11,793
Feb 2018049161.782.77$1,358
Jan 2018053762.874.01$2,153
Dec 2017054357.272.92$1,586
Nov 2017051755.423.12$1,612
Oct 2017054149.292.98$1,614
Sep 2017052447.523.09$1,618
Aug 2017054845.373.00$1,646
Jul 2017054243.873.09$1,673
Jun 2017048242.493.09$1,488
May 201716949745.373.26$9,289
Apr 2017061047.933.21$1,959
Mar 2017059246.772.98$1,766
Feb 2017053850.452.95$1,589
Jan 2017059149.413.42$2,021
Dec 2016060448.763.72$2,249
Nov 201614156242.492.64$7,477
Oct 2016061546.193.09$1,901
Sep 2016056741.553.10$1,758
Aug 2016055041.442.92$1,608
Jul 2016058941.622.92$1,722
Jun 201626251545.352.69$13,265
May 2016050042.521.99$996
Apr 2016051736.561.99$1,029
Mar 2016053033.011.79$951
Feb 2016050926.472.06$1,050
Jan 2016061327.352.36$1,449
Dec 2015061732.362.00$1,235
Nov 201518859138.792.17$8,573
Oct 2015062243.552.43$1,509
Sep 2015060042.992.76$1,655
Aug 2015062540.162.87$1,795
Jul 2015063248.152.95$1,861
Jun 2015060656.152.88$1,747
May 201518758055.212.96$12,038
Apr 2015059149.822.71$1,600
Mar 2015059942.892.93$1,758
Feb 2015054444.662.98$1,619
Jan 2015062643.433.10$1,941
Dec 2014063854.693.59$2,291
Nov 2014051370.464.25$2,181
Oct 2014062278.303.90$2,426
Sep 2014057386.164.05$2,318
Aug 2014071889.394.04$2,897
Jul 201419432596.564.18$20,091
Jun 2014056698.164.74$2,681
May 2014059794.734.73$2,822
Apr 2014058695.944.81$2,818
Mar 2014060195.895.06$3,039
Feb 2014049997.406.19$3,090
Jan 2014070790.404.86$3,437
Dec 201317031591.824.35$16,981
Nov 2013048488.853.74$1,809
Oct 2013061097.423.78$2,305
Sep 20130599104.113.72$2,227
Aug 20130573104.253.52$2,018
Jul 20130528102.523.72$1,963
Jun 2013034494.403.93$1,353
May 201318650694.834.15$19,738
Apr 2013063893.964.28$2,732
Mar 2013062693.623.91$2,449
Feb 2013025791.233.42$879
Jan 2013051091.603.42$1,744
Dec 2012065686.773.42$2,244
Nov 2012067786.953.62$2,454
Oct 2012088589.383.40$3,009
Sep 2012193094.672.92$18,271
Aug 2012066892.662.91$1,943
Jul 2012071085.133.02$2,145
Jun 2012061179.822.52$1,539
May 2012069191.612.49$1,719
Apr 20120671101.652.00$1,340
Mar 20120735105.052.22$1,633
Feb 2012197354101.102.57$20,827
Jan 2012065298.092.73$1,783
Dec 2011058896.873.24$1,905
Nov 2011063695.723.31$2,106
Oct 2011066684.983.65$2,430
Sep 2011065883.623.99$2,623
Aug 2011070183.404.15$2,909
Jul 2011070194.144.52$3,167
Jun 2011068092.904.64$3,155
May 20115270498.134.40$8,204

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       518 Mcf  × $  3.05 =     $1,578

────────────────────────────────────────────────────
Month total                                   $1,578

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/8390 is the state's own key, not one this site invented.