LANCE

Operated by BRACKEN OPERATING, L.L.C. (P-5 85851) 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 9769District 10Field 68735120OilCasinghead gasSaveExport
Value, all time
$2.2 M
Mar 2021 – May 2026
Value, last 12 filed months
$133 k
at the published price for each month
Months reported
63
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
OilDisposition26,879 bbl$2,042,155
Casinghead gasProduction26,529 Mcf$115,191
Total$2,157,346

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 36.3590, -100.8979. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.35897, -100.89791 · 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
6,712 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 6,712 ft.

Completions filed
Mar 2021
1 of 1 wells

1 well

42-357337251H6,712 ftMar 2021

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 (63)

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

63 months

May 2026187119106.413.05$20,261
Apr 2026015798.932.87$451
Mar 2026014589.753.15$457
Feb 202618813063.503.75$12,426
Jan 2026017859.138.00$1,424
Dec 202518719156.664.41$11,438
Nov 202518123158.593.93$11,512
Oct 202518328959.383.30$11,822
Sep 202518529762.743.08$12,521
Aug 202518329563.933.01$12,589
Jul 202537421966.743.32$25,687
Jun 20251851166.483.13$12,333
May 202518524660.553.23$11,997
Apr 202518323762.363.54$12,252
Mar 202517619267.704.27$12,735
Feb 202518511570.884.34$13,612
Jan 202535313974.324.28$26,830
Dec 202418816568.993.12$13,485
Nov 202418422069.052.20$13,189
Oct 202418725171.372.28$13,919
Sep 2024187069.612.36$13,017
Aug 202436335375.632.06$28,182
Jul 202418844679.932.15$15,984
Jun 202437542278.082.63$30,392
May 202418842778.812.20$15,755
Apr 202436040184.451.66$31,067
Mar 202418930180.301.55$15,642
Feb 202437530676.091.78$29,080
Jan 202419124973.023.30$14,768
Dec 202335737771.262.61$26,424
Nov 202338333877.892.81$30,781
Oct 20232822,19585.443.09$30,871
Sep 202337944389.042.74$34,958
Aug 202337250880.522.67$31,311
Jul 202318824574.852.64$14,719
Jun 202318924968.962.26$13,596
May 202319284870.622.23$15,448
Apr 202338545078.122.24$31,083
Mar 202338045072.852.39$28,760
Feb 202337936075.112.47$29,354
Jan 202338550876.533.39$31,185
Dec 202238646376.415.73$32,147
Nov 202238050085.005.65$35,123
Oct 202238249387.185.86$36,194
Sep 202256064284.888.16$52,774
Aug 202237463994.529.13$41,183
Jul 2022558579101.587.54$61,049
Jun 2022378558115.097.98$47,955
May 2022568755109.378.43$68,489
Apr 2022378881104.226.84$45,419
Mar 2022747817108.885.08$85,481
Feb 202256052691.054.86$53,544
Jan 202257472881.844.54$50,280
Dec 202174564671.323.90$55,652
Nov 202175282377.435.24$62,537
Oct 20217511,12079.795.71$66,322
Sep 20217381,08369.865.35$57,352
Aug 20211,1311,57366.024.22$81,308
Jul 20211,132070.783.98$80,123
Jun 20211,320069.493.38$91,727
May 20212,074063.483.02$131,658
Apr 20212,419060.362.76$146,011
Mar 2021191061.302.72$11,708

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                  187 bbl  × $106.41 =    $19,899
Casinghead gas       119 Mcf  × $  3.05 =       $362

────────────────────────────────────────────────────
Month total                                  $20,261

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/9769 is the state's own key, not one this site invented.