WEIR, W. C., ESTATE -E-

Operated by L.C.S. PRODUCTION COMPANY (P-5 479574) in the FRANKIRK, N. (CANYON REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10388District 7BField 32655500NGPA filingOilCasinghead gasSaveExport
Value, all time
$8.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$434 k
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 6 leases and 24 wells, and the rule below applies to all of them.

Discovered
1955-03-16
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

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
NGPA3none

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
OilDisposition254,082 bbl$7,808,747
Casinghead gasProduction325,321 Mcf$824,701
Total$8,633,448

172,729 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 (5)

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 33.0622, -100.2618. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.06251, -100.26149 · 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
80.0%
4 of 5 wells
With a plug date
60.0%
3 of 5 wells
Median depth
4,734 ft
5 wells filed one
Completion to plug
21.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
480.0%
A plug date is filed
360.0%
BothOn the schedule and plugged. Neither fact cancels the other.
360.0%
NeitherNo plug date, and not on the schedule.
120.0%

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 4,712 and 5,038 ft, median 4,734 ft, over the 5 wells that filed a depth.

Completions filed
Aug 1966 – Mar 1997
3 of 5 wells; 2 filed none
Plug dates filed
Jun 1983 – Oct 1987
3 of 5 wells; 2 filed none

Last completion to plug: a median of 21.2 years across the 1 well that filed both dates, with the middle half between 21.2 years and 21.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-4333004425,038 ftMar 1984Yes
42-4333029734,712 ftJun 1983Yes
42-433316783A4,718 ftMar 1997Yes
42-433322361 A4,734 ftMay 1987
42-4331047715,000 ftAug 1966Oct 1987Yes

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 2026871089.753.15$78,172
Feb 2026443063.503.75$28,131
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20251,421062.743.08$89,154
Aug 20251,949063.933.01$124,600
Jul 20251,648066.743.32$109,988
Jun 202558066.483.13$3,856
May 20251,605060.553.23$97,183
Apr 20251,423062.363.54$88,738
Mar 20251,801067.704.27$121,928
Feb 20251,433070.884.34$101,571
Jan 20251,452074.324.28$107,913
Dec 20241,820068.993.12$125,562
Nov 20241,637069.052.20$113,035
Oct 20242,191071.372.28$156,372
Sep 20241,066069.612.36$74,204
Aug 20241,439075.632.06$108,832
Jul 20240079.932.15$0
Jun 2024180078.082.63$14,054
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 202348078.122.24$3,750
Mar 20230072.852.39$0
Feb 202351075.112.47$3,831
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 202192070.783.98$6,512
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 202189057.805.55$5,144
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 202083014.751.80$1,224
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 2019267053.472.42$14,276
Sep 20190055.052.66$0
Aug 2019269053.112.30$14,287
Jul 2019179056.272.46$10,072
Jun 2019182052.782.49$9,606
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 201986046.033.23$3,959
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 201890061.443.40$5,530
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018187060.183.08$11,254
May 2018713065.382.90$46,616
Apr 2018172063.842.90$10,980
Mar 2018272061.222.79$16,652
Feb 201801761.782.77$47
Jan 20180062.874.01$0
Dec 2017184057.272.92$10,538
Nov 20171976755.423.12$11,127
Oct 2017013349.292.98$397
Sep 201736822747.523.09$18,188
Aug 201719723345.373.00$9,638
Jul 201739223943.873.09$17,935
Jun 20174947942.493.09$21,234
May 201735834645.373.26$17,372
Apr 201791095847.933.21$46,693
Mar 2017013546.772.98$403
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201686045.352.69$3,900
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201573032.362.00$2,362
Nov 20150038.792.17$0
Oct 2015181043.552.43$7,883
Sep 2015473042.992.76$20,334
Aug 201501840.162.87$52
Jul 20153769948.152.95$18,396
Jun 20151908756.152.88$10,919
May 201518016055.212.96$10,411
Apr 2015024449.822.71$660
Mar 20152757342.892.93$12,009
Feb 2015016044.662.98$476
Jan 201520816143.433.10$9,533
Dec 201418923554.693.59$11,180
Nov 20149424370.464.25$7,656
Oct 201418915878.303.90$15,415
Sep 20149515186.164.05$8,796
Aug 201422329389.394.04$21,116
Jul 201401096.564.18$42
Jun 201401898.164.74$85
May 20141311294.734.73$12,466
Apr 20141911495.944.81$18,392
Mar 2014938595.895.06$9,348
Feb 201428016297.406.19$28,275
Jan 2014954890.404.86$8,821
Dec 2013016191.824.35$701
Nov 2013012388.853.74$460
Oct 20139421197.423.78$9,955
Sep 2013190315104.113.72$20,952
Aug 2013278354104.253.52$30,229
Jul 2013277266102.523.72$29,387
Jun 20131786294.403.93$17,047
May 20139741494.834.15$10,916
Apr 20139441793.964.28$10,618
Mar 2013021293.623.91$830
Feb 2013872791.233.42$8,029
Jan 2013975891.603.42$9,084
Dec 2012035986.773.42$1,228
Nov 201228615486.953.62$25,426
Oct 201212423789.383.40$11,889
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201204485.133.02$133
Jun 201222414779.822.52$18,250
May 201237832391.612.49$35,432
Apr 2012192155101.652.00$19,826
Mar 201295313105.052.22$10,675
Feb 2012013101.102.57$33
Jan 201201298.092.73$33
Dec 201129115896.873.24$28,701
Nov 2011025595.723.31$844
Oct 201157433484.983.65$49,997
Sep 201128526183.623.99$24,872
Aug 201156539083.404.15$48,739
Jul 2011018494.144.52$831
Jun 201115611392.904.64$15,017
May 201162446498.134.40$63,277
Apr 2011595356105.964.33$64,589
Mar 20111291196.364.06$12,475
Feb 20111301585.644.18$11,196
Jan 2011378186.504.59$32,702
Dec 20101158985.734.35$10,246
Nov 20101324880.843.80$10,853
Oct 201013318078.103.51$11,019
Sep 201054329472.633.98$40,608
Aug 201028225173.684.42$21,887
Jul 201028325472.554.74$21,735
Jun 20104108970.364.91$29,285
May 201063553171.124.24$47,410
Apr 201042027681.694.12$35,448
Mar 20104406978.394.39$34,794
Feb 201045821673.585.44$34,875
Jan 20101,21134274.365.96$92,090
Dec 200977141671.445.48$57,361
Nov 200976437674.593.75$58,397
Oct 200991849472.544.11$68,622
Sep 20091,14397065.543.06$77,885
Aug 20099010167.423.22$6,393
Jul 200919012961.133.46$12,062
Jun 20099419566.163.90$6,979
May 20099428154.743.93$6,249
Apr 20099428446.773.59$5,415
Mar 20098717342.144.06$4,368
Feb 200907332.814.63$338
Jan 20090035.865.37$0
Dec 200818712537.105.98$7,685
Nov 2008026255.496.86$1,797
Oct 2008974375.246.92$7,596
Sep 2008551287101.767.88$58,330
Aug 2008578396114.228.48$69,378
Jul 20081,190584131.0811.39$162,637
Jun 20081,393728131.3313.03$192,430
May 20081,490851123.1711.57$193,373
Apr 2008120115110.3110.45$14,440
Mar 20089877101.909.66$10,730
Feb 2008798192.538.77$8,020
Jan 20081267190.388.21$11,970
Dec 2007894888.337.30$8,212
Nov 200708391.677.29$605
Oct 20079112082.856.92$8,370
Sep 20079210075.846.24$7,602
Aug 20079611769.066.39$7,377
Jul 2007728170.906.39$5,622
Jun 200707762.007.55$581
May 2007766558.747.85$4,974
Apr 200722810159.617.81$14,379
Mar 2007015856.927.30$1,154
Feb 200701555.108.22$123
Jan 200701150.306.73$74
Dec 200603256.656.92$221
Nov 200612044254.207.62$9,871
Oct 20063821,31354.906.01$28,868
Sep 20063552,09760.085.04$31,891
Aug 20063031,77768.717.34$33,862
Jul 2006853169.376.34$6,093
Jun 20061143066.286.38$7,747
May 20061143366.016.42$7,737
Apr 200602764.397.36$199
Mar 20061231956.707.08$7,109
Feb 20060457.597.75$31
Jan 20062031,72560.598.93$27,710
Dec 200501,14054.9413.42$15,294
Nov 200514170954.6910.59$15,218
Oct 20051194,99558.3413.80$75,852
Sep 20051871,82961.4512.08$33,584
Aug 200518911,71861.519.80$126,425
Jul 200507,70855.697.84$60,459
Jun 2005098852.337.38$7,292
May 20051394,81245.226.65$38,291
Apr 200502,69649.207.36$19,844
Mar 200523326450.377.15$13,625
Feb 200536724445.226.31$18,136
Jan 200520320843.166.32$10,077
Dec 20044379339.866.75$18,047
Nov 2004049545.286.33$3,134
Oct 20042674,34549.706.52$41,578
Sep 20041904,12743.245.28$30,022
Aug 200434028742.375.55$15,999
Jul 200436116838.286.08$14,841
Jun 200415628136.106.43$7,439
May 200429390237.486.49$16,840
Apr 20047221,38634.475.86$33,007
Mar 20042012,31434.365.53$19,703
Feb 20043720932.455.51$2,352
Jan 200411420732.036.30$4,955
Dec 200326025830.266.30$9,493
Nov 200339526628.804.60$12,598
Oct 200336746028.174.76$12,528
Sep 200340551726.314.75$13,111
Aug 200371877529.765.13$25,343
Jul 200386988429.415.17$30,128
Jun 200357968228.565.98$20,617
May 200328839726.595.97$10,029
Apr 200352579626.675.41$18,306
Mar 20038331,01431.146.10$32,121
Feb 200313634433.487.93$7,280
Jan 200351155430.315.58$18,581
Dec 200269470126.914.85$22,078
Nov 20028881,17024.664.14$26,738
Oct 20021,1261,24226.464.23$35,047
Sep 20026001,07227.443.64$20,361
Aug 200279632125.963.16$21,680
Jul 200286046624.583.06$22,566
Jun 200282654723.733.34$21,427
May 20021,69889724.663.58$45,088
Apr 2002061923.653.51$2,174
Mar 2002024522.003.10$760
Feb 20029816818.222.38$2,185
Jan 200227822017.172.38$5,296
Dec 200143445216.932.36$8,416
Nov 200169357418.072.41$13,903
Oct 20011,06997719.782.53$23,616
Sep 200166263324.262.25$17,485
Aug 20019561,07424.873.05$27,055
Jul 20011,1351,27623.933.20$31,240
Jun 20011,2631,25824.563.82$35,830
May 200157076125.524.31$17,824
Apr 200185467924.685.34$24,699
Mar 20011,51576324.545.38$41,280
Feb 200183153327.755.77$26,134
Jan 200149417427.478.40$15,032
Dec 2000949826.889.12$3,421
Nov 200037527932.215.66$13,657
Oct 200036853131.235.15$14,225
Sep 200054280931.875.19$21,469
Aug 200018434529.644.54$7,020
Jul 200035660728.534.09$12,639
Jun 200021836429.304.40$7,988
May 200035711427.263.68$10,151
Apr 200051931824.513.12$13,712
Mar 200089926028.422.86$26,293
Feb 200037323627.622.73$10,946
Jan 200055419725.272.48$14,488
Dec 199975733024.282.42$19,180
Nov 199918556623.192.43$5,668
Oct 199936776220.982.80$9,836
Sep 199955769321.752.62$13,930
Aug 199974075219.262.88$16,415
Jul 199969970717.892.37$14,182
Jun 19991,1071,28815.942.36$20,688
May 19991,0771,35815.792.32$20,158
Apr 19991,3011,16815.102.21$22,224
Mar 199993993012.471.84$13,419
Feb 19998988909.981.82$10,580
Jan 19991,3111,09310.381.90$15,685
Dec 19981,6611,5639.201.77$18,053
Nov 19981,4431,47210.892.19$18,932
Oct 199837936312.421.97$5,422
Sep 199819038312.592.08$3,190
Aug 1998333011.301.91$3,763
Jul 199818392411.742.24$4,216
Jun 199890488111.242.24$12,132
May 199875288112.622.21$11,434
Apr 19989131,54613.042.51$15,779
Mar 19985511,22612.802.31$9,884
Feb 199866085913.952.30$11,182
Jan 19987971,15214.702.15$14,198
Dec 19978611,11916.322.41$16,750
Nov 19978071,25118.193.09$18,543
Oct 19978691,25119.253.15$20,669
Sep 19971,0601,38717.742.95$22,903
Aug 19971,4791,49917.862.55$30,245
Jul 19971,7112,15417.582.25$34,919
Jun 19971,5882,16017.242.26$32,253
May 19971,6552,08918.972.31$36,218
Apr 19971,7382,29917.882.08$35,864
Mar 19971,3222,01118.951.94$28,952
Feb 19971,1701,67220.492.21$27,662
Jan 19973931,82023.483.54$15,670
Dec 19961353023.32$3,148
Nov 19965285,78021.97$11,600
Oct 19965675,25423.31$13,217
Sep 19969221,81222.22$20,487
Aug 19966261,20420.26$12,683
Jul 19961,1711,95519.55$22,893
Jun 19961,4532,26518.73$27,215
May 19961,9792,59219.43$38,452
Apr 19961,6561,92121.51$35,621
Mar 19963,0372,88919.38$58,857
Feb 19963,0152,73916.98$51,195
Jan 19963,3002,82117.07$56,331
Dec 19953,3462,77217.19$57,518
Nov 19953,0852,68516.00$49,360
Oct 19953,1802,89115.43$49,067
Sep 19953,1822,98916.18$51,485
Aug 19953,2493,11815.92$51,724
Jul 19953,2033,03415.24$48,814
Jun 19952,1003,10416.41$34,461
May 19951,7193,52217.56$30,186
Apr 19953,2803,69017.73$58,154
Mar 19953,7333,15016.44$61,371
Feb 19953,1142,98516.58$51,630
Jan 19953,5812,86115.92$57,010
Dec 19943,8133,07615.03$57,309
Nov 19943,6063,57715.90$57,335
Oct 19943,9714,65215.58$61,868
Sep 19944,0385,31415.29$61,741
Aug 19943,4764,34816.13$56,068
Jul 19943,3193,33217.56$58,282
Jun 19942,27987917.09$38,948
May 19942,8486,38015.88$45,226
Apr 19943,2997,88214.14$46,648
Mar 19944,6007,98512.46$57,316
Feb 19943,3729,79012.50$42,150
Jan 19943,1846,87412.66$40,309
Dec 19934,68310,57712.33$57,741
Nov 19935,7857,23114.49$83,825
Oct 19932,3775,75815.85$37,675
Sep 19932,2491,46415.03$33,802
Aug 19932,2612,39115.66$35,407
Jul 19932,1462,19715.46$33,177
Jun 19932,4681,73916.79$41,438
May 19932,2762,76617.68$40,240
Apr 19932,3561,62618.05$42,526
Mar 19932,4851,36418.14$45,078
Feb 19932,2941,54317.90$41,063
Jan 19932,5021,92116.93$42,359

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.

Mar 2026 — as filed, then multipliedworked
Oil                  871 bbl  × $ 89.75 =    $78,172
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $78,172

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. 7B/O/10388 is the state's own key, not one this site invented.