MAYO CLINIC

Operated by LATIGO PETROLEUM, LLC (P-5 488260) 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 9173District 10Field 68735120OilCasinghead gasSaveExport
Value, all time
$28.0 M
Mar 2014 – May 2026
Value, last 12 filed months
$539 k
at the published price for each month
Months reported
147
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
OilDisposition272,252 bbl$17,114,193
Casinghead gasProduction3,465,514 Mcf$10,934,941
Total$28,049,134

Wells on this lease (4)

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 36.0474, -100.8817. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.9 miles.

36.04095, -100.88389 · 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 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
6,892 ft
4 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 6,822 and 7,025 ft, median 6,892 ft, over the 4 wells that filed a depth.

Completions filed
Mar 2014 – Mar 2015
4 of 4 wells
Plug dates filed
Sep 2003
1 of 4 wells; 3 filed none

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-393315832134H6,874 ftMar 2015Sep 2003
42-393326154134H6,910 ftAug 2014
42-393325742156 H6,822 ftApr 2014
42-393325681156 H7,025 ftMar 2014

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 (147)

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

147 months

May 20263375,223106.413.05$51,769
Apr 20261785,81298.932.87$34,288
Mar 20261716,61189.753.15$36,168
Feb 20263366,44563.503.75$45,507
Jan 20265355,29859.138.00$74,008
Dec 202504,71056.664.41$20,787
Nov 20251,0334,96858.593.93$80,030
Oct 20251796,87859.383.30$33,360
Sep 20258406,87262.743.08$73,846
Aug 20250063.933.01$0
Jul 202506,54566.743.32$21,698
Jun 20256867,13166.483.13$67,916
May 20253506,99760.553.23$43,809
Apr 20255075,81562.363.54$52,220
Mar 20251787,25867.704.27$43,030
Feb 20256736,06570.884.34$74,029
Jan 20253385,54374.324.28$48,837
Dec 20243445,48468.993.12$40,850
Nov 202406,35369.052.20$13,967
Oct 20246986,77971.372.28$65,282
Sep 20243316,56469.612.36$38,561
Aug 20248254,72575.632.06$72,145
Jul 202405,42979.932.15$11,654
Jun 202406,11178.082.63$16,096
May 20247116,38678.812.20$70,073
Apr 20241675,79784.451.66$23,722
Mar 20245135,61980.301.55$49,876
Feb 20243575,64576.091.78$37,233
Jan 20246824,98473.023.30$66,235
Dec 202305,52371.262.61$14,419
Nov 202305,42777.892.81$15,237
Oct 20235136,29885.443.09$63,274
Sep 20237136,40189.042.74$80,993
Aug 202306,66480.522.67$17,812
Jul 20234997,07274.852.64$56,033
Jun 20233575,84168.962.26$37,811
May 202306,33970.622.23$14,119
Apr 20231,3585,88478.122.24$119,254
Mar 20236676,68872.852.39$64,596
Feb 20231,0395,72775.112.47$92,160
Jan 20231,2266,43476.533.39$115,622
Dec 202206,82976.415.73$39,124
Nov 20228467,08385.005.65$111,902
Oct 202204,87287.185.86$28,568
Sep 20221,0087,18384.888.16$144,199
Aug 202207,29394.529.13$66,564
Jul 20225067,827101.587.54$110,431
Jun 20226647,415115.097.98$135,571
May 20226616,796109.378.43$129,605
Apr 20223316,698104.226.84$80,295
Mar 20221,8307,656108.885.08$238,115
Feb 20221,3175,36891.054.86$145,995
Jan 20229963,64181.844.54$98,034
Dec 20215058,31771.323.90$68,446
Nov 20213415,73077.435.24$56,411
Oct 20213405,63179.795.71$59,303
Sep 20213444,76969.865.35$49,550
Aug 20216675,95866.024.22$69,182
Jul 20213376,02770.783.98$47,853
Jun 20219356,39969.493.38$86,606
May 20213276,09563.483.02$39,151
Apr 20211,3557,73260.362.76$103,116
Mar 202108,83961.302.72$24,015
Feb 2021011,80657.805.55$65,499
Jan 20211,00012,82750.412.81$86,457
Dec 2020011,80644.642.68$31,586
Nov 202007,85738.772.71$21,266
Oct 2020010,09236.972.48$25,012
Sep 20203379,18137.091.99$30,779
Aug 202050710,96139.982.39$46,413
Jul 202099810,73438.371.83$57,884
Jun 2020010,82934.901.69$18,304
May 2020011,07316.921.81$20,095
Apr 20201,53510,55614.751.80$41,688
Mar 2020011,46430.341.86$21,280
Feb 20203539,00849.881.98$35,450
Jan 202054812,17457.252.09$56,874
Dec 201934412,14059.012.30$48,274
Nov 201953412,20455.302.75$63,100
Oct 201953715,43653.472.42$66,046
Sep 2019013,13955.052.66$34,914
Aug 20191,37116,70253.112.30$111,301
Jul 201970215,22256.272.46$76,949
Jun 201935515,84452.782.49$58,207
May 20191,25017,40858.482.74$120,803
Apr 2019017,25362.632.75$47,458
Mar 20191,01315,58556.803.06$105,261
Feb 20191,07515,85650.852.79$98,937
Jan 201934814,01046.033.23$61,245
Dec 201871313,41746.594.19$89,375
Nov 201872711,84652.934.24$88,674
Oct 201836815,43461.443.40$75,056
Sep 20181,39319,90659.543.11$144,807
Aug 201852723,29359.403.07$102,733
Jul 201887026,93965.142.93$135,654
Jun 20181,57223,37660.183.08$166,529
May 20181,58136,40165.382.90$208,958
Apr 20181,42230,25263.842.90$178,535
Mar 201853330,28261.222.79$117,021
Feb 201872130,48561.782.77$128,869
Jan 20181,77730,90062.874.01$235,608
Dec 201770133,10257.272.92$136,854
Nov 201790230,53255.423.12$145,199
Oct 20171,94733,62049.292.98$196,279
Sep 20171,37134,98047.523.09$173,143
Aug 20171,59527,27545.373.00$154,310
Jul 20171,56438,55243.873.09$187,634
Jun 20171,75740,76442.493.09$200,505
May 20172,40446,10845.373.26$259,538
Apr 20172,27746,86747.933.21$259,655
Mar 20172,23244,04946.772.98$235,819
Feb 20171,54135,61650.452.95$182,903
Jan 20172,22033,88849.413.42$225,546
Dec 20162,59646,26048.763.72$298,799
Nov 20161,72465,94342.492.64$247,629
Oct 20162,40288,05346.193.09$383,055
Sep 20162,38885,40841.553.10$364,040
Aug 20161,88278,64941.442.92$307,987
Jul 20162,60240,93741.622.92$228,009
Jun 20163,41545,64945.352.69$277,476
May 20163,09151,41342.521.99$233,795
Apr 20162,94254,30536.561.99$215,683
Mar 20163,27161,00333.011.79$217,416
Feb 20164,69062,19226.472.06$252,486
Jan 20165,11565,48427.352.36$294,723
Dec 20155,54061,49432.362.00$302,349
Nov 20153,50141,80738.792.17$226,413
Oct 20154,8559,26943.552.43$233,927
Sep 20154,59958,19642.992.76$358,240
Aug 20155,22262,60140.162.87$389,536
Jul 20155,92665,78048.152.95$479,064
Jun 20156,71471,66156.152.88$583,580
May 20156,20475,34755.212.96$565,207
Apr 20158,07486,15949.822.71$635,442
Mar 20156,01641,11842.892.93$378,696
Feb 20154,96158,65044.662.98$396,112
Jan 20157,06271,87743.433.10$529,567
Dec 20148,64499,08654.693.59$828,594
Nov 201410,79988,64370.464.25$1,137,793
Oct 20149,62481,76278.303.90$1,072,509
Sep 20144,74035,54886.164.05$552,206
Aug 20144,72940,95689.394.04$587,988
Jul 20147,98950,78696.564.18$983,683
Jun 20149,98751,78998.164.74$1,225,642
May 201415,90266,65694.734.73$1,821,450
Apr 201418,87345,47995.944.81$2,029,390
Mar 20140095.895.06$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                  337 bbl  × $106.41 =    $35,860
Casinghead gas     5,223 Mcf  × $  3.05 =    $15,908

────────────────────────────────────────────────────
Month total                                  $51,769

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/9173 is the state's own key, not one this site invented.