CHI LASATER

Operated by LASATER & CO, INC. (P-5 487415) in the SPEARMAN, EAST (ATOKA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8703District 10Field 85000200OilCasinghead gasSaveExport
Value, all time
$298 k
Mar 2012 – May 2026
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
171
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 40 leases and 41 wells, and the rule below applies to all of them.

Discovered
1956-09-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: PER LETTER OF APPROVAL FIELD TO BECOME 100% AOF EFF. 5/1/92

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
OilDisposition190 bbl$17,959
Casinghead gasProduction81,421 Mcf$279,871
Total$297,830

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 36.3125, -101.1508. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.31250, -101.15083 · 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
8,058 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 8,058 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-1953175818,058 ftMar 2012

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 (171)

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

171 months

May 20260482106.413.05$1,468
Apr 2026056098.932.87$1,607
Mar 2026058389.753.15$1,836
Feb 2026041663.503.75$1,560
Jan 2026031959.138.00$2,551
Dec 2025022956.664.41$1,011
Nov 2025018058.593.93$707
Oct 2025013359.383.30$440
Sep 2025025362.743.08$778
Aug 2025010963.933.01$329
Jul 2025038366.743.32$1,270
Jun 2025020166.483.13$629
May 2025025360.553.23$818
Apr 2025037562.363.54$1,329
Mar 2025027667.704.27$1,178
Feb 2025032770.884.34$1,419
Jan 2025047774.324.28$2,041
Dec 2024044868.993.12$1,398
Nov 2024062469.052.20$1,372
Oct 2024050271.372.28$1,145
Sep 202407469.612.36$175
Aug 2024045175.632.06$931
Jul 2024051879.932.15$1,112
Jun 2024042878.082.63$1,127
May 2024054378.812.20$1,194
Apr 2024042484.451.66$704
Mar 2024060880.301.55$939
Feb 2024023976.091.78$426
Jan 2024031473.023.30$1,035
Dec 2023043071.262.61$1,123
Nov 2023038777.892.81$1,087
Oct 2023040785.443.09$1,257
Sep 2023047289.042.74$1,291
Aug 2023044280.522.67$1,181
Jul 2023025574.852.64$674
Jun 2023041268.962.26$930
May 2023044170.622.23$982
Apr 2023044178.122.24$987
Mar 2023038272.852.39$914
Feb 2023046775.112.47$1,151
Jan 2023043676.533.39$1,477
Dec 2022047676.415.73$2,727
Nov 2022053085.005.65$2,992
Oct 2022055387.185.86$3,243
Sep 2022052284.888.16$4,261
Aug 202219057094.529.13$23,161
Jul 20220574101.587.54$4,329
Jun 20220431115.097.98$3,438
May 20220626109.378.43$5,279
Apr 20220648104.226.84$4,431
Mar 20220521108.885.08$2,645
Feb 2022041591.054.86$2,016
Jan 2022054781.844.54$2,482
Dec 2021045671.323.90$1,778
Nov 2021053977.435.24$2,823
Oct 2021048879.795.71$2,788
Sep 2021063269.865.35$3,382
Aug 2021055566.024.22$2,342
Jul 2021040870.783.98$1,625
Jun 2021042969.493.38$1,450
May 2021067063.483.02$2,022
Apr 2021071060.362.76$1,958
Mar 2021043361.302.72$1,176
Feb 2021038557.805.55$2,136
Jan 202104050.412.81$112
Dec 2020051344.642.68$1,373
Nov 2020021738.772.71$587
Oct 2020022436.972.48$555
Sep 2020032637.091.99$649
Aug 2020029239.982.39$696
Jul 2020031138.371.83$568
Jun 2020031934.901.69$539
May 2020034516.921.81$626
Apr 2020038914.751.80$702
Mar 2020039330.341.86$730
Feb 2020044049.881.98$871
Jan 2020041057.252.09$859
Dec 2019036059.012.30$830
Nov 2019035655.302.75$979
Oct 2019038253.472.42$924
Sep 2019045455.052.66$1,206
Aug 2019052053.112.30$1,198
Jul 2019049656.272.46$1,220
Jun 2019055452.782.49$1,380
May 2019025258.482.74$691
Apr 2019041962.632.75$1,153
Mar 2019074956.803.06$2,294
Feb 201908150.852.79$226
Jan 2019057246.033.23$1,847
Dec 2018056346.594.19$2,356
Nov 2018056852.934.24$2,407
Oct 2018062761.443.40$2,131
Sep 2018059859.543.11$1,859
Aug 2018059159.403.07$1,812
Jul 2018059265.142.93$1,736
Jun 2018067560.183.08$2,077
May 2018045665.382.90$1,323
Apr 2018054663.842.90$1,584
Mar 2018059261.222.79$1,650
Feb 2018056261.782.77$1,555
Jan 2018064062.874.01$2,566
Dec 2017078557.272.92$2,293
Nov 2017062255.423.12$1,940
Oct 2017063449.292.98$1,892
Sep 2017062547.523.09$1,930
Aug 2017054145.373.00$1,625
Jul 2017061143.873.09$1,886
Jun 2017065642.493.09$2,025
May 2017067445.373.26$2,200
Apr 2017062547.933.21$2,007
Mar 2017048946.772.98$1,459
Feb 2017062350.452.95$1,839
Jan 2017029149.413.42$995
Dec 2016057848.763.72$2,152
Nov 2016061342.492.64$1,621
Oct 2016065046.193.09$2,009
Sep 2016064041.553.10$1,984
Aug 2016068441.442.92$2,000
Jul 2016069341.622.92$2,027
Jun 2016062445.352.69$1,676
May 2016066742.521.99$1,328
Apr 2016065436.561.99$1,302
Mar 2016062533.011.79$1,121
Feb 2016060926.472.06$1,257
Jan 2016062227.352.36$1,471
Dec 2015054532.362.00$1,091
Nov 2015046138.792.17$999
Oct 2015050143.552.43$1,216
Sep 2015057042.992.76$1,572
Aug 2015052740.162.87$1,514
Jul 2015042748.152.95$1,258
Jun 2015061156.152.88$1,761
May 2015051255.212.96$1,513
Apr 2015051149.822.71$1,383
Mar 2015049842.892.93$1,461
Feb 2015045844.662.98$1,363
Jan 2015050743.433.10$1,572
Dec 2014044454.693.59$1,595
Nov 2014049270.464.25$2,092
Oct 2014055878.303.90$2,177
Sep 2014055386.164.05$2,237
Aug 2014062789.394.04$2,530
Jul 2014063496.564.18$2,650
Jun 2014060098.164.74$2,842
May 2014062994.734.73$2,973
Apr 2014058095.944.81$2,789
Mar 2014058795.895.06$2,968
Feb 2014035097.406.19$2,167
Jan 2014038190.404.86$1,852
Dec 2013037091.824.35$1,611
Nov 2013042788.853.74$1,596
Oct 2013047697.423.78$1,799
Sep 20130493104.113.72$1,833
Aug 20130509104.253.52$1,793
Jul 20130467102.523.72$1,736
Jun 2013050494.403.93$1,982
May 2013047094.834.15$1,950
Apr 2013037393.964.28$1,597
Mar 2013048993.623.91$1,913
Feb 2013043791.233.42$1,495
Jan 2013049391.603.42$1,686
Dec 2012052186.773.42$1,782
Nov 2012057986.953.62$2,099
Oct 2012062689.383.40$2,128
Sep 2012063794.672.92$1,859
Aug 2012063992.662.91$1,858
Jul 2012071785.133.02$2,166
Jun 2012055379.822.52$1,393
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$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                    0 bbl  × $106.41 =         $0
Casinghead gas       482 Mcf  × $  3.05 =     $1,468

────────────────────────────────────────────────────
Month total                                   $1,468

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/8703 is the state's own key, not one this site invented.