OATES

Operated by KODIAK OPERATING, LLC (P-5 473780) 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 981District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$759 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
NGPA9none

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
OilDisposition11,907 bbl$706,423
Casinghead gasProduction22,309 Mcf$52,295
Total$758,718

8,034 Mcf of this lease's gas, across 41 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 (12)

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 35.8213, -101.4564. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

35.82184, -101.45688 · 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
33.3%
4 of 12 wells
With a plug date
33.3%
4 of 12 wells
Median depth
3,164 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
433.3%
A plug date is filed
433.3%
BothOn the schedule and plugged. Neither fact cancels the other.
433.3%
NeitherNo plug date, and not on the schedule.
866.7%

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

Total depth in feet, 4 of 12 wells. Median 3,164 ft, with the middle half between 3,154 and 3,174 ft; the shallowest is 3,146 ft and the deepest 3,186 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

Plug dates filed
Mar 1974 – Jun 2016
4 of 12 wells; 8 filed none

12 wells

42-233106449D3,157 ftJun 2014Yes
42-23310662193,186 ftJun 2014Yes
42-2338225110D3,146 ftJun 2016Yes
42-2338660783,170 ftMar 1974Yes
42-233822471
42-233822484
42-233822496
42-2338225211
42-2338225312
42-2338225416
42-2338225517
42-2338225618

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 20190053.112.30$0
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 20190346.033.23$10
Dec 20180346.594.19$13
Nov 20180552.934.24$21
Oct 20180561.443.40$17
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180565.142.93$15
Jun 20180860.183.08$25
May 20180765.382.90$20
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 2017166047.933.21$7,956
Mar 201702446.772.98$72
Feb 201706850.452.95$201
Jan 201708449.413.42$287
Dec 2016016448.763.72$611
Nov 20160342.492.64$8
Oct 201617416046.193.09$8,532
Sep 2016021341.553.10$660
Aug 201617721941.442.92$7,975
Jul 2016021841.622.92$638
Jun 201617418645.352.69$8,390
May 20160042.521.99$0
Apr 201631036.561.99$1,133
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015154032.362.00$4,983
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20151684344.662.98$7,631
Jan 2015017043.433.10$527
Dec 2014010354.693.59$370
Nov 20140070.464.25$0
Oct 201402378.303.90$90
Sep 2014012086.164.05$485
Aug 201417211889.394.04$15,851
Jul 2014014696.564.18$610
Jun 201409198.164.74$431
May 2014135094.734.73$12,789
Apr 20140095.944.81$0
Mar 201416810895.895.06$16,656
Feb 2014013797.406.19$848
Jan 201416121690.404.86$15,604
Dec 2013023291.824.35$1,010
Nov 201316319988.853.74$15,226
Oct 2013023397.423.78$881
Sep 2013184237104.113.72$20,037
Aug 20130270104.253.52$951
Jul 2013160232102.523.72$17,266
Jun 2013017794.403.93$696
May 201315429994.834.15$15,844
Apr 2013014593.964.28$621
Mar 201313623793.623.91$13,660
Feb 2013021291.233.42$725
Jan 201315020591.603.42$14,441
Dec 201215212286.773.42$13,606
Nov 2012016486.953.62$594
Oct 201216030989.383.40$15,351
Sep 201216428094.672.92$16,343
Aug 2012037592.662.91$1,091
Jul 201215324585.133.02$13,765
Jun 201215627879.822.52$13,152
May 201216021191.612.49$15,183
Apr 20120223101.652.00$445
Mar 2012163250105.052.22$17,679
Feb 2012156224101.102.57$16,347
Jan 201215316798.092.73$15,464
Dec 2011014596.873.24$470
Nov 2011013695.723.31$450
Oct 201115531984.983.65$14,336
Sep 201116010183.623.99$13,782
Aug 20111683983.404.15$14,173
Jul 201116720794.144.52$16,656
Jun 2011010192.904.64$469
May 201117020198.134.40$17,567
Apr 20110123105.964.33$533
Mar 201114854696.364.06$16,477
Feb 20110085.644.18$0
Jan 201116725386.504.59$15,606
Dec 2010028585.734.35$1,239
Nov 201015937980.843.80$14,292
Oct 201017347778.103.51$15,185
Sep 201016637972.633.98$13,565
Aug 201016242673.684.42$13,819
Jul 201014729872.554.74$12,076
Jun 201015747370.364.91$13,369
May 201014755571.124.24$12,805
Apr 2010319081.694.12$26,059
Mar 2010344078.394.39$26,966
Feb 2010163073.585.44$11,994
Jan 2010320074.365.96$23,795
Dec 2009320071.445.48$22,861
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009144065.543.06$9,438
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 2009159066.163.90$10,519
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 1998163014.702.15$2,396
Dec 199706216.322.41$149
Nov 199709918.193.09$306
Oct 19971761919.253.15$3,448
Sep 199707617.742.95$225
Aug 199717410217.862.55$3,368
Jul 199709417.582.25$211
Jun 1997175017.242.26$3,017
May 19970018.972.31$0
Apr 19971789017.882.08$3,370
Mar 1997011418.951.94$221
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 1996177023.31$4,126
Sep 19960022.22$0
Aug 1996014320.26$0
Jul 1996015519.55$0
Jun 199607518.73$0
May 1996010819.43$0
Apr 1996013521.51$0
Mar 1996013119.38$0
Feb 199617013516.98$2,887
Jan 1996018317.07$0
Dec 199507617.19$0
Nov 1995177016.00$2,832
Oct 199504715.43$0
Sep 199516910916.18$2,734
Aug 1995017015.92$0
Jul 199517416915.24$2,652
Jun 199506916.41$0
May 1995156017.56$2,739
Apr 199507017.73$0
Mar 199515616416.44$2,565
Feb 1995016216.58$0
Jan 1995157915.92$2,499
Dec 19940015.03$0
Nov 199405215.90$0
Oct 199416715515.58$2,602
Sep 1994016715.29$0
Aug 19941627616.13$2,613
Jul 1994026917.56$0
Jun 1994023317.09$0
May 1994021415.88$0
Apr 199416318614.14$2,305
Mar 1994019612.46$0
Feb 1994022412.50$0
Jan 199416028412.66$2,026
Dec 1993031012.33$0
Nov 1993031414.49$0
Oct 199316136115.85$2,552
Sep 1993026715.03$0
Aug 1993031615.66$0
Jul 199316634615.46$2,566
Jun 1993049916.79$0
May 199316332417.68$2,882
Apr 199317229718.05$3,105
Mar 199316430218.14$2,975
Feb 199316822617.90$3,007
Jan 1993030616.93$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.

Jan 2019 — as filed, then multipliedworked
Oil                    0 bbl  × $ 46.03 =         $0
Casinghead gas         3 Mcf  × $  3.23 =        $10

────────────────────────────────────────────────────
Month total                                      $10

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/981 is the state's own key, not one this site invented.