GOOD 121

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 9431District 10Field 68735120OilCasinghead gasSaveExport
Value, all time
$3.2 M
Apr 2015 – May 2026
Value, last 12 filed months
$107 k
at the published price for each month
Months reported
134
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
OilDisposition47,407 bbl$2,368,328
Casinghead gasProduction268,140 Mcf$818,291
Total$3,186,620

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 36.0782, -100.5906. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

36.07824, -100.59062 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,970 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
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.
2100.0%

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 7,957 and 7,983 ft, median 7,970 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2015 – May 2015
2 of 2 wells

2 wells

42-357335593H7,957 ftMay 2015
42-357335582H7,983 ftApr 2015

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 (134)

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

134 months

May 20260852106.413.05$2,595
Apr 202619485598.932.87$21,646
Mar 2026090989.753.15$2,863
Feb 202619581863.503.75$15,450
Jan 202619889159.138.00$18,834
Dec 2025070656.664.41$3,116
Nov 2025076158.593.93$2,988
Oct 202519297059.383.30$14,607
Sep 2025093962.743.08$2,889
Aug 2025099163.933.01$2,988
Jul 202519299066.743.32$16,096
Jun 2025090266.483.13$2,822
May 20251931,01660.553.23$14,970
Apr 2025081362.363.54$2,881
Mar 202519496667.704.27$17,257
Feb 2025086070.884.34$3,733
Jan 2025084274.324.28$3,603
Dec 2024093968.993.12$2,931
Nov 202420298069.052.20$16,103
Oct 202401,00371.372.28$2,288
Sep 2024079369.612.36$1,875
Aug 20241911,02975.632.06$16,569
Jul 202401,06479.932.15$2,284
Jun 20242001,08978.082.63$18,484
May 202401,08478.812.20$2,383
Apr 2024089984.451.66$1,492
Mar 202401,01480.301.55$1,567
Feb 2024095676.091.78$1,705
Jan 2024188073.023.30$13,728
Dec 202301,07071.262.61$2,793
Nov 20233931,07077.892.81$33,615
Oct 202301,36285.443.09$4,205
Sep 20231971,24489.042.74$20,943
Aug 2023062380.522.67$1,665
Jul 2023061774.852.64$1,630
Jun 202301,04468.962.26$2,358
May 2023096070.622.23$2,138
Apr 2023098178.122.24$2,195
Mar 202301,16772.852.39$2,793
Feb 20231951,00475.112.47$17,122
Jan 20231961,08676.533.39$18,679
Dec 202201,07176.415.73$6,136
Nov 202201,15385.005.65$6,510
Oct 20223921,00387.185.86$40,056
Sep 202201,11184.888.16$9,070
Aug 202201,39794.529.13$12,751
Jul 202201,111101.587.54$8,379
Jun 202201,146115.097.98$9,142
May 202201,195109.378.43$10,077
Apr 202201,182104.226.84$8,082
Mar 20222961,186108.885.08$38,249
Feb 202201,08091.054.86$5,248
Jan 202201,21481.844.54$5,509
Dec 202101,29271.323.90$5,038
Nov 2021052277.435.24$2,734
Oct 202101,42279.795.71$8,125
Sep 20211931,19069.865.35$19,851
Aug 2021078166.024.22$3,296
Jul 202101,40370.783.98$5,587
Jun 20218901,34669.493.38$66,396
May 202101,39163.483.02$4,198
Apr 20211951,32860.362.76$15,433
Mar 20211931,48761.302.72$15,871
Feb 202101,18857.805.55$6,591
Jan 20211991,43350.412.81$14,059
Dec 202001,37244.642.68$3,671
Nov 202001,36138.772.71$3,684
Oct 202002,91436.972.48$7,222
Sep 202001,51137.091.99$3,008
Aug 202001,58539.982.39$3,780
Jul 20201871,57138.371.83$10,042
Jun 202001,54234.901.69$2,606
May 202001,58216.921.81$2,871
Apr 20201971,56814.751.80$5,735
Mar 202001,59330.341.86$2,957
Feb 202001,58149.881.98$3,131
Jan 20201901,71557.252.09$14,470
Dec 20191901,66859.012.30$15,056
Nov 20191861,56455.302.75$14,588
Oct 20191911,79053.472.42$14,542
Sep 20193471,99955.052.66$24,414
Aug 201901,49153.112.30$3,436
Jul 20191841,63656.272.46$14,378
Jun 201901,84852.782.49$4,604
May 20191851,88558.482.74$15,984
Apr 201901,87062.632.75$5,144
Mar 20191752,01256.803.06$16,101
Feb 20193381,81450.852.79$22,252
Jan 201902,02046.033.23$6,521
Dec 20183851,98946.594.19$26,262
Nov 20181921,96152.934.24$18,472
Oct 20183802,03761.443.40$30,269
Sep 20181872,12259.543.11$17,729
Aug 20181842,27559.403.07$17,906
Jul 2018282,31165.142.93$8,599
Jun 20183732,27060.183.08$29,432
May 20181852,36265.382.90$18,947
Apr 20183912,25263.842.90$31,494
Mar 20183882,41761.222.79$30,489
Feb 201802,26761.782.77$6,271
Jan 20183672,49162.874.01$33,061
Dec 20171842,67957.272.92$18,364
Nov 20175562,67255.423.12$39,146
Oct 20173742,59049.292.98$26,162
Sep 20171832,57647.523.09$16,649
Aug 20173672,75245.373.00$24,919
Jul 20177302,90143.873.09$40,981
Jun 20173812,95442.493.09$25,309
May 20177353,37645.373.26$44,364
Apr 20179573,30047.933.21$56,467
Mar 20171,0812,56946.772.98$58,223
Feb 20173692,13450.452.95$24,917
Jan 20171821,79949.413.42$15,143
Dec 20163682,21748.763.72$26,197
Nov 20164642,23942.492.64$25,636
Oct 20165372,57346.193.09$32,755
Sep 20163671,89241.553.10$21,115
Aug 20162452,01641.442.92$16,048
Jul 20167163,03841.622.92$38,684
Jun 20167343,47045.352.69$42,607
May 20169313,78942.521.99$47,130
Apr 20169023,64636.561.99$40,236
Mar 20169383,98333.011.79$38,109
Feb 20161,3313,85526.472.06$43,187
Jan 20161,1164,51827.352.36$41,205
Dec 20151,1254,18732.362.00$44,785
Nov 20151,3434,65238.792.17$62,177
Oct 20151,5085,37743.552.43$78,721
Sep 20152,3186,49642.992.76$117,570
Aug 20151,8104,68940.162.87$86,159
Jul 20152,52619,35348.152.95$178,623
Jun 20153,6248,26556.152.88$227,314
May 20155,0627,99355.212.96$303,096
Apr 20152,4352,55349.822.71$128,222

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       852 Mcf  × $  3.05 =     $2,595

────────────────────────────────────────────────────
Month total                                   $2,595

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/9431 is the state's own key, not one this site invented.