PAUL

Operated by BEAR CREEK OPERATING (P-5 60119) in the PANHANDLE HUTCHINSON COUNTY FLD. field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 970District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$266 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 918 leases and 8,177 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition5,144 bbl$184,879
Casinghead gasProduction20,298 Mcf$81,485
Total$266,364

2,081 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 35.7408, -101.3088. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

35.74043, -101.30884 · 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%
2 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
2,808 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
250.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
NeitherNo plug date, and not on the schedule.
250.0%

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 2,808 ft.

Plug dates filed
May 1975 – Jun 2010
2 of 4 wells; 2 filed none

4 wells

42-2330805042,808 ftJun 2010Yes
42-233860591May 1975Yes
42-233821962
42-233821973

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 2019125053.112.30$6,639
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 201804465.382.90$128
Apr 201803463.842.90$99
Mar 20180061.222.79$0
Feb 20180461.782.77$11
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201702049.292.98$60
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 201703643.873.09$111
Jun 201704542.493.09$139
May 201702145.373.26$69
Apr 201701547.933.21$48
Mar 201703746.772.98$110
Feb 201703650.452.95$106
Jan 201702049.413.42$68
Dec 201603148.763.72$115
Nov 201603642.492.64$95
Oct 201603146.193.09$96
Sep 201603941.553.10$121
Aug 201604241.442.92$123
Jul 201605141.622.92$149
Jun 201604845.352.69$129
May 20161521842.521.99$6,499
Apr 201602336.561.99$46
Mar 201605433.011.79$97
Feb 201601626.472.06$33
Jan 201603827.352.36$90
Dec 201503432.362.00$68
Nov 201503838.792.17$82
Oct 201504043.552.43$97
Sep 201504842.992.76$132
Aug 201504240.162.87$121
Jul 201504848.152.95$141
Jun 201504556.152.88$130
May 201504055.212.96$118
Apr 201501949.822.71$51
Mar 201504642.892.93$135
Feb 201503144.662.98$92
Jan 201501543.433.10$47
Dec 201403454.693.59$122
Nov 20140070.464.25$0
Oct 201402278.303.90$86
Sep 201404286.164.05$170
Aug 201403889.394.04$153
Jul 201404696.564.18$192
Jun 201404698.164.74$218
May 201403394.734.73$156
Apr 201403395.944.81$159
Mar 201404995.895.06$248
Feb 201404597.406.19$279
Jan 201405190.404.86$248
Dec 201305191.824.35$222
Nov 201304988.853.74$183
Oct 201304897.423.78$181
Sep 201316139104.113.72$16,907
Aug 2013013104.253.52$46
Jul 20130104102.523.72$387
Jun 201306894.403.93$267
May 201305294.834.15$216
Apr 201301893.964.28$77
Mar 20130293.623.91$8
Feb 201303991.233.42$133
Jan 2013016191.603.42$551
Dec 2012018386.773.42$626
Nov 2012010186.953.62$366
Oct 2012020789.383.40$704
Sep 201207394.672.92$213
Aug 2012019492.662.91$564
Jul 2012019485.133.02$586
Jun 2012018379.822.52$461
May 201215615491.612.49$14,674
Apr 2012072101.652.00$144
Mar 20120190105.052.22$422
Feb 20120167101.102.57$429
Jan 2012017398.092.73$473
Dec 2011016396.873.24$528
Nov 2011016395.723.31$540
Oct 2011016584.983.65$602
Sep 2011016183.623.99$642
Aug 2011015683.404.15$647
Jul 2011013794.144.52$619
Jun 201104392.904.64$200
May 2011016498.134.40$722
Apr 2011055105.964.33$238
Mar 201101696.364.06$65
Feb 2011015685.644.18$652
Jan 2011016986.504.59$776
Dec 2010016385.734.35$709
Nov 2010012980.843.80$490
Oct 201004278.103.51$147
Sep 201006772.633.98$267
Aug 201015913973.684.42$12,329
Jul 2010010272.554.74$483
Jun 201007270.364.91$354
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 201003378.394.39$145
Feb 20100073.585.44$0
Jan 201009074.365.96$537
Dec 2009015071.445.48$823
Nov 2009013874.593.75$518
Oct 2009013372.544.11$547
Sep 2009011265.543.06$343
Aug 2009013767.423.22$441
Jul 2009013961.133.46$482
Jun 2009013566.163.90$526
May 200907354.743.93$287
Apr 200913510046.773.59$6,673
Mar 2009014742.144.06$597
Feb 2009010332.814.63$477
Jan 2009012935.865.37$693
Dec 2008011937.105.98$711
Nov 2008010255.496.86$700
Oct 200809975.246.92$685
Sep 20080105101.767.88$827
Aug 2008099114.228.48$840
Jul 20080157131.0811.39$1,788
Jun 20080112131.3313.03$1,460
May 20080116123.1711.57$1,343
Apr 2008089110.3110.45$930
Mar 2008078101.909.66$754
Feb 200807892.538.77$684
Jan 20081558190.388.21$14,674
Dec 200707188.337.30$518
Nov 200706491.677.29$467
Oct 200706982.856.92$478
Sep 200705575.846.24$343
Aug 200705969.066.39$377
Jul 200706470.906.39$409
Jun 200709262.007.55$694
May 2007010158.747.85$792
Apr 20071531459.617.81$9,230
Mar 200703456.927.30$248
Feb 200706655.108.22$542
Jan 200705850.306.73$390
Dec 200605156.656.92$353
Nov 200606154.207.62$465
Oct 200605354.906.01$319
Sep 2006010060.085.04$504
Aug 200604768.717.34$345
Jul 2006010469.376.34$660
Jun 20061444366.286.38$9,819
May 200603566.016.42$225
Apr 200602764.397.36$199
Mar 20060856.707.08$57
Feb 200603157.597.75$240
Jan 200604060.598.93$357
Dec 200504054.9413.42$537
Nov 200505254.6910.59$551
Oct 20051734458.3413.80$10,700
Sep 200502061.4512.08$242
Aug 200505361.519.80$519
Jul 20051688455.697.84$10,015
Jun 2005011052.337.38$812
May 200509745.226.65$645
Apr 200505349.207.36$390
Mar 20051637150.377.15$8,718
Feb 200504245.226.31$265
Jan 200502243.166.32$139
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 200405543.245.28$291
Aug 200405442.375.55$300
Jul 200405338.286.08$322
Jun 200406236.106.43$399
May 200406137.486.49$396
Apr 20041607734.475.86$5,966
Mar 200408634.365.53$476
Feb 200406032.455.51$331
Jan 200406632.036.30$416
Dec 200306130.266.30$384
Nov 200303428.804.60$156
Oct 200306628.174.76$314
Sep 200306026.314.75$285
Aug 200305929.765.13$303
Jul 2003464329.415.17$1,575
Jun 200302828.565.98$168
May 2003155026.595.97$4,121
Apr 2003011426.675.41$616
Mar 20030031.146.10$0
Feb 200302533.487.93$198
Jan 200305430.315.58$301
Dec 200206026.914.85$291
Nov 200206324.664.14$261
Oct 200205726.464.23$241
Sep 200208227.443.64$298
Aug 200208025.963.16$253
Jul 200209224.583.06$282
Jun 200209423.733.34$314
May 200204724.663.58$168
Apr 2002020423.653.51$717
Mar 2002021322.003.10$661
Feb 2002017818.222.38$423
Jan 2002017817.172.38$423
Dec 2001015516.932.36$366
Nov 20011736618.072.41$3,285
Oct 200109519.782.53$240
Sep 200109724.262.25$218
Aug 200108224.873.05$250
Jul 2001010723.933.20$342
Jun 2001011424.563.82$436
May 200106125.524.31$263
Apr 2001011424.685.34$608
Mar 200118211224.545.38$5,068
Feb 2001013527.755.77$779
Jan 200109227.478.40$773
Dec 200008526.889.12$775
Nov 200008132.215.66$458
Oct 200009231.235.15$473
Sep 2000010231.875.19$529
Aug 200009329.644.54$422
Jul 2000010128.534.09$413
Jun 2000010429.304.40$457
May 2000013627.263.68$500
Apr 2000016224.513.12$505
Mar 2000019328.422.86$552
Feb 2000010227.622.73$278
Jan 200006025.272.48$149
Dec 199903924.282.42$95
Nov 19991794823.192.43$4,268
Oct 199904520.982.80$126
Sep 199904821.752.62$126
Aug 199905719.262.88$164
Jul 199905617.892.37$133
Jun 199905815.942.36$137
May 19991725815.792.32$2,851
Apr 199905715.102.21$126
Mar 199905012.471.84$92
Feb 19990439.981.82$78
Jan 199904610.381.90$87
Dec 19980479.201.77$83
Nov 199805310.892.19$116
Oct 199805612.421.97$110
Sep 199804612.592.08$96
Aug 199805711.301.91$109
Jul 19981666511.742.24$2,094
Jun 199806511.242.24$145
May 199807112.622.21$157
Apr 199806513.042.51$163
Mar 199805012.802.31$115
Feb 19980213.952.30$5
Jan 19981746714.702.15$2,702
Dec 199705516.322.41$133
Nov 199705018.193.09$154
Oct 199706119.253.15$192
Sep 199705317.742.95$157
Aug 199705517.862.55$141
Jul 199705617.582.25$126
Jun 199705617.242.26$126
May 19971625618.972.31$3,202
Apr 199705117.882.08$106
Mar 199705518.951.94$107
Feb 199705020.492.21$110
Jan 199705323.483.54$188
Dec 199605323.32$0
Nov 19961745521.97$3,823
Oct 199605623.31$0
Sep 199605022.22$0
Aug 199605120.26$0
Jul 199605419.55$0
Jun 19961745418.73$3,259
May 199605519.43$0
Apr 199604921.51$0
Mar 199604119.38$0
Feb 199604516.98$0
Jan 199605317.07$0
Dec 19951694917.19$2,905
Nov 199504316.00$0
Oct 199504915.43$0
Sep 199505216.18$0
Aug 19951785315.92$2,834
Jul 199505015.24$0
Jun 199504416.41$0
May 199504917.56$0
Apr 19951634517.73$2,890
Mar 199504516.44$0
Feb 199503916.58$0
Jan 199504215.92$0
Dec 199404015.03$0
Nov 19941762415.90$2,798
Oct 199404815.58$0
Sep 199405015.29$0
Aug 199405216.13$0
Jul 19941844717.56$3,231
Jun 199405217.09$0
May 199405215.88$0
Apr 199405014.14$0
Mar 19941805012.46$2,243
Feb 199404012.50$0
Jan 199404512.66$0
Dec 199304512.33$0
Nov 19931684314.49$2,434
Oct 199304915.85$0
Sep 199305215.03$0
Aug 199305415.66$0
Jul 199305715.46$0
Jun 199305016.79$0
May 1993165117.68$2,917
Apr 19930118.05$0
Mar 19930118.14$0
Feb 19930117.90$0
Jan 19930116.93$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.

Aug 2019 — as filed, then multipliedworked
Oil                  125 bbl  × $ 53.11 =     $6,639
Casinghead gas         0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                   $6,639

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/970 is the state's own key, not one this site invented.