COURSON RANCH 135A

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 9780District 10Field 68735120OilCasinghead gasSaveExport
Value, all time
$5.5 M
Nov 2021 – May 2026
Value, last 12 filed months
$190 k
at the published price for each month
Months reported
55
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
OilDisposition37,185 bbl$3,299,651
Casinghead gasProduction510,109 Mcf$2,206,274
Total$5,505,924

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 36.0106, -100.8491. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.01055, -100.84905 · 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
7,085 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 7,085 ft.

Completions filed
Nov 2021
1 of 1 wells

1 well

42-393327382135H7,085 ftNov 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 (55)

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

55 months

May 20261795,967106.413.05$37,222
Apr 20265366,30598.932.87$71,120
Mar 202605,83489.753.15$18,374
Feb 2026041763.503.75$1,564
Jan 202618138759.138.00$13,798
Dec 202509956.664.41$437
Nov 202501158.593.93$43
Oct 20250059.383.30$0
Sep 2025050362.743.08$1,548
Aug 202516365163.933.01$12,383
Jul 20251742,57666.743.32$20,153
Jun 202504,12566.483.13$12,906
May 20251793,24260.553.23$21,318
Apr 20251798,21062.363.54$40,251
Mar 20251724,76867.704.27$31,996
Feb 20251814,71470.884.34$33,292
Jan 20251817,23774.324.28$44,417
Dec 20241809,69968.993.12$42,692
Nov 20243499,33669.052.20$44,623
Oct 20241678,58071.372.28$31,493
Sep 20243508,03669.612.36$43,364
Aug 20243497,63975.632.06$42,159
Jul 20241777,65179.932.15$30,571
Jun 20243447,56178.082.63$46,775
May 20245107,87378.812.20$57,501
Apr 20241787,90184.451.66$28,141
Mar 20245409,83380.301.55$58,555
Feb 202435110,06676.091.78$44,662
Jan 20247259,11073.023.30$82,981
Dec 20231818,31371.262.61$34,601
Nov 20235399,25877.892.81$67,975
Oct 202353610,04485.443.09$76,804
Sep 202334710,54389.042.74$59,732
Aug 202369711,25880.522.67$86,214
Jul 202353211,33674.852.64$69,768
Jun 202351510,70368.962.26$59,687
May 202387210,31170.622.23$84,547
Apr 202388010,29678.122.24$91,786
Mar 20234129,48772.852.39$52,718
Feb 20238628,94175.112.47$86,790
Jan 20236829,60076.533.39$84,716
Dec 20228529,27376.415.73$118,227
Nov 20221,01814,03185.005.65$165,752
Oct 202287513,35387.185.86$154,581
Sep 20221,39213,77184.888.16$230,575
Aug 20221,21115,44894.529.13$255,460
Jul 20221,73316,950101.587.54$303,876
Jun 20221,82717,436115.097.98$349,360
May 20222,16119,075109.378.43$397,209
Apr 20222,30420,599104.226.84$380,971
Mar 20222,60124,375108.885.08$406,934
Feb 20223,30222,85291.054.86$411,681
Jan 20224,50927,65581.844.54$494,506
Dec 2021015,87171.323.90$61,883
Nov 2021099977.435.24$5,232

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                  179 bbl  × $106.41 =    $19,047
Casinghead gas     5,967 Mcf  × $  3.05 =    $18,175

────────────────────────────────────────────────────
Month total                                  $37,222

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/9780 is the state's own key, not one this site invented.