MINORS TICE B

Operated by GALLO PETROLEUM, LLC (P-5 293275) in the TAYLOR COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12504District 7BField 88520001OilCasinghead gasSaveExport
Value, all time
$3.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$55 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 717 leases and 1,491 wells, and the rule below applies to all of them.

Discovered
1929-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition67,612 bbl$3,172,776
Casinghead gasProduction14,853 Mcf$18,893
Total$3,191,669

7,182 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 (2)

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 32.2156, -99.9944. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.21558, -99.99438 · 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%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
5,318 ft
2 wells filed one
Completion to plug
44.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 5,301 and 5,335 ft, median 5,318 ft, over the 2 wells that filed a depth.

Completions filed
Jan 1975 – Mar 1975
2 of 2 wells
Plug dates filed
Jun 2019
1 of 2 wells; 1 filed none

Last completion to plug: a median of 44.3 years across the 1 well that filed both dates, with the middle half between 44.3 years and 44.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4413050115,301 ftMar 1975Jun 2019Yes
42-4413059025,335 ftJan 1975

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 202675098.932.87$7,420
Mar 20260089.753.15$0
Feb 2026171063.503.75$10,859
Jan 20260059.138.00$0
Dec 2025148056.664.41$8,386
Nov 20250058.593.93$0
Oct 2025173059.383.30$10,273
Sep 2025181062.743.08$11,356
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 202594066.483.13$6,249
May 20250060.553.23$0
Apr 2025166062.363.54$10,352
Mar 2025339067.704.27$22,950
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 2024176069.612.36$12,251
Aug 20240075.632.06$0
Jul 2024178079.932.15$14,228
Jun 20240078.082.63$0
May 2024177078.812.20$13,949
Apr 20240084.451.66$0
Mar 2024169080.301.55$13,571
Feb 2024180076.091.78$13,696
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 2023164085.443.09$14,012
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023174068.962.26$11,999
May 20230070.622.23$0
Apr 2023105078.122.24$8,203
Mar 2023127072.852.39$9,252
Feb 2023162075.112.47$12,168
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 202244087.185.86$3,836
Sep 202271084.888.16$6,026
Aug 2022107094.529.13$10,114
Jul 2022790101.587.54$8,025
Jun 2022790115.097.98$9,092
May 20221000109.378.43$10,937
Apr 20221620104.226.84$16,884
Mar 202200108.885.08$0
Feb 202294091.054.86$8,559
Jan 2022154081.844.54$12,603
Dec 20210071.323.90$0
Nov 2021126077.435.24$9,756
Oct 202194079.795.71$7,500
Sep 20210069.865.35$0
Aug 2021157066.024.22$10,365
Jul 2021110070.783.98$7,786
Jun 20210069.493.38$0
May 202190063.483.02$5,713
Apr 2021173060.362.76$10,442
Mar 2021177061.302.72$10,850
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 2020110057.252.09$6,298
Dec 2019144059.012.30$8,497
Nov 20190055.302.75$0
Oct 201937053.472.42$1,978
Sep 201953055.052.66$2,918
Aug 2019168053.112.30$8,922
Jul 2019181056.272.46$10,185
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201983056.803.06$4,714
Feb 2019114050.852.79$5,797
Jan 2019133046.033.23$6,122
Dec 2018157046.594.19$7,315
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018164059.543.11$9,765
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018156060.183.08$9,388
May 20180065.382.90$0
Apr 201880063.842.90$5,107
Mar 201881061.222.79$4,959
Feb 2018172061.782.77$10,626
Jan 20180062.874.01$0
Dec 2017161057.272.92$9,220
Nov 20170055.423.12$0
Oct 2017148049.292.98$7,295
Sep 20170047.523.09$0
Aug 201799045.373.00$4,492
Jul 2017147043.873.09$6,449
Jun 20170042.493.09$0
May 201798045.373.26$4,446
Apr 201762047.933.21$2,972
Mar 201778046.772.98$3,648
Feb 201781050.452.95$4,086
Jan 2017100049.413.42$4,941
Dec 201693048.763.72$4,535
Nov 201692042.492.64$3,909
Oct 201697046.193.09$4,480
Sep 201693041.553.10$3,864
Aug 201677041.442.92$3,191
Jul 2016102041.622.92$4,245
Jun 201697045.352.69$4,399
May 2016106042.521.99$4,507
Apr 2016277036.561.99$10,127
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201596038.792.17$3,724
Oct 201594043.552.43$4,094
Sep 2015152042.992.76$6,534
Aug 201595040.162.87$3,815
Jul 2015102048.152.95$4,911
Jun 2015161056.152.88$9,040
May 201597055.212.96$5,355
Apr 2015146049.822.71$7,274
Mar 2015291042.892.93$12,481
Feb 20150044.662.98$0
Jan 2015144043.433.10$6,254
Dec 2014104054.693.59$5,688
Nov 2014146070.464.25$10,287
Oct 2014163078.303.90$12,763
Sep 2014164086.164.05$14,130
Aug 2014167089.394.04$14,928
Jul 2014162096.564.18$15,643
Jun 2014159098.164.74$15,607
May 2014165094.734.73$15,630
Apr 2014130095.944.81$12,472
Mar 2014164095.895.06$15,726
Feb 2014159097.406.19$15,487
Jan 201483090.404.86$7,503
Dec 2013166091.824.35$15,242
Nov 2013126088.853.74$11,195
Oct 2013160097.423.78$15,587
Sep 20131350104.113.72$14,055
Aug 20131260104.253.52$13,136
Jul 20131610102.523.72$16,506
Jun 2013137094.403.93$12,933
May 2013118094.834.15$11,190
Apr 2013126093.964.28$11,839
Mar 201387093.623.91$8,145
Feb 2013171091.233.42$15,600
Jan 2013172091.603.42$15,755
Dec 20120086.773.42$0
Nov 201283086.953.62$7,217
Oct 201284089.383.40$7,508
Sep 201299094.672.92$9,372
Aug 2012165092.662.91$15,289
Jul 2012171085.133.02$14,557
Jun 2012150079.822.52$11,973
May 2012165091.612.49$15,116
Apr 20121510101.652.00$15,349
Mar 20123200105.052.22$33,616
Feb 201200101.102.57$0
Jan 2012163098.092.73$15,989
Dec 2011169096.873.24$16,371
Nov 2011168095.723.31$16,081
Oct 2011212084.983.65$18,016
Sep 2011238083.623.99$19,902
Aug 2011156083.404.15$13,010
Jul 2011226094.144.52$21,276
Jun 2011163092.904.64$15,143
May 2011166098.134.40$16,290
Apr 20111660105.964.33$17,589
Mar 2011165096.364.06$15,899
Feb 2011169085.644.18$14,473
Jan 2011255086.504.59$22,058
Dec 2010156085.734.35$13,374
Nov 2010234080.843.80$18,917
Oct 2010229078.103.51$17,885
Sep 2010253072.633.98$18,375
Aug 2010164073.684.42$12,084
Jul 2010319072.554.74$23,143
Jun 2010215070.364.91$15,127
May 2010130071.124.24$9,246
Apr 2010235081.694.12$19,197
Mar 2010215078.394.39$16,854
Feb 2010135073.585.44$9,933
Jan 2010173074.365.96$12,864
Dec 2009228071.445.48$16,288
Nov 2009212074.593.75$15,813
Oct 2009172072.544.11$12,477
Sep 2009314065.543.06$20,580
Aug 2009165067.423.22$11,124
Jul 2009285061.133.46$17,422
Jun 2009168066.163.90$11,115
May 2009225054.743.93$12,317
Apr 2009330046.773.59$15,434
Mar 2009172042.144.06$7,248
Feb 2009164032.814.63$5,381
Jan 2009319035.865.37$11,439
Dec 2008282037.105.98$10,462
Nov 2008152055.496.86$8,434
Oct 2008299075.246.92$22,497
Sep 20085110101.767.88$51,999
Aug 200800114.228.48$0
Jul 20081780131.0811.39$23,332
Jun 20082700131.3313.03$35,459
May 20082430123.1711.57$29,930
Apr 20081740110.3110.45$19,194
Mar 20082910101.909.66$29,653
Feb 2008212092.538.77$19,616
Jan 2008236090.388.21$21,330
Dec 2007359088.337.30$31,710
Nov 2007183091.677.29$16,776
Oct 2007175082.856.92$14,499
Sep 2007206075.846.24$15,623
Aug 2007299069.066.39$20,649
Jul 2007175070.906.39$12,408
Jun 2007338062.007.55$20,956
May 2007170058.747.85$9,986
Apr 2007569059.617.81$33,918
Mar 20070056.927.30$0
Feb 2007165055.108.22$9,092
Jan 2007171050.306.73$8,601
Dec 2006337056.656.92$19,091
Nov 2006171054.207.62$9,268
Oct 2006291054.906.01$15,976
Sep 2006236060.085.04$14,179
Aug 2006300068.717.34$20,613
Jul 2006175069.376.34$12,140
Jun 2006293066.286.38$19,420
May 2006178066.016.42$11,750
Apr 2006322064.397.36$20,734
Mar 2006185056.707.08$10,490
Feb 2006284057.597.75$16,356
Jan 2006346060.598.93$20,964
Dec 2005182054.9413.42$9,999
Nov 2005329054.6910.59$17,993
Oct 2005255058.3413.80$14,877
Sep 2005173061.4512.08$10,631
Aug 2005295061.519.80$18,145
Jul 2005253055.697.84$14,090
Jun 2005202052.337.38$10,571
May 2005176045.226.65$7,959
Apr 2005290049.207.36$14,268
Mar 2005314050.377.15$15,816
Feb 2005173045.226.31$7,823
Jan 2005358043.166.32$15,451
Dec 2004177739.866.75$7,102
Nov 2004320845.286.33$14,540
Oct 2004178949.706.52$8,905
Sep 2004291943.245.28$12,630
Aug 2004165742.375.55$7,030
Jul 2004253938.286.08$9,740
Jun 2004340736.106.43$12,319
May 2004175737.486.49$6,604
Apr 2004257734.475.86$8,900
Mar 2004338834.365.53$11,658
Feb 2004172732.455.51$5,620
Jan 2004169832.036.30$5,463
Dec 2003273930.266.30$8,318
Nov 2003223828.804.60$6,459
Oct 2003235728.174.76$6,653
Sep 2003284726.314.75$7,505
Aug 2003188729.765.13$5,631
Jul 2003305829.415.17$9,011
Jun 2003151728.565.98$4,354
May 2003363826.595.97$9,700
Apr 2003179726.675.41$4,812
Mar 2003345731.146.10$10,786
Feb 2003177733.487.93$5,981
Jan 20031771330.315.58$5,437
Dec 2002302026.914.85$8,127
Nov 2002360524.664.14$8,898
Oct 20020526.464.23$21
Sep 2002264027.443.64$7,244
Aug 2002348525.963.16$9,050
Jul 2002164224.583.06$4,037
Jun 2002206223.733.34$4,895
May 2002293224.663.58$7,233
Apr 2002175223.653.51$4,146
Mar 2002329222.003.10$7,244
Feb 2002361218.222.38$6,582
Jan 2002320217.172.38$5,499
Dec 2001178216.932.36$3,018
Nov 20010218.072.41$5
Oct 2001351219.782.53$6,948
Sep 2001149224.262.25$3,619
Aug 2001161224.873.05$4,010
Jul 2001308223.933.20$7,377
Jun 2001166224.563.82$4,085
May 2001350225.524.31$8,941
Apr 2001196224.685.34$4,848
Mar 2001334224.545.38$8,207
Feb 2001180227.755.77$5,007
Jan 2001193227.478.40$5,319
Dec 2000524226.889.12$14,103
Nov 20000232.215.66$11
Oct 2000168231.235.15$5,257
Sep 2000169231.875.19$5,396
Aug 2000305229.644.54$9,049
Jul 2000171228.534.09$4,887
Jun 2000288229.304.40$8,447
May 2000165227.263.68$4,505
Apr 2000355224.513.12$8,707
Mar 2000175228.422.86$4,979
Feb 2000311227.622.73$8,595
Jan 2000186225.272.48$4,705
Dec 1999335224.282.42$8,139
Nov 1999180223.192.43$4,179
Oct 1999354220.982.80$7,433
Sep 1999173221.752.62$3,768
Aug 1999334119.262.88$6,436
Jul 1999174117.892.37$3,115
Jun 1999318115.942.36$5,071
May 1999321115.792.32$5,071
Apr 1999347115.102.21$5,242
Mar 1999516012.471.84$6,435
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 199817833910.892.19$2,679
Oct 199834243412.421.97$5,102
Sep 199816927112.592.08$2,692
Aug 199833946811.301.91$4,723
Jul 199817126011.742.24$2,589
Jun 199834137111.242.24$4,663
May 1998039012.622.21$860
Apr 199851437913.042.51$7,652
Mar 1998034612.802.31$799
Feb 199834132013.952.30$5,493
Jan 199817732614.702.15$3,304
Dec 199735335016.322.41$6,605
Nov 199717634718.193.09$4,273
Oct 199717634719.253.15$4,481
Sep 199734533017.742.95$7,095
Aug 199734534417.862.55$7,041
Jul 199716231317.582.25$3,551
Jun 199717617417.242.26$3,427
May 199733627618.972.31$7,011
Apr 199718028517.882.08$3,812
Mar 199735131118.951.94$7,255
Feb 199734222820.492.21$7,511
Jan 199716718423.483.54$4,572
Dec 199617217523.32$4,011
Nov 199634923821.97$7,668
Oct 19961749223.31$4,056
Sep 199617818322.22$3,955
Aug 199617421820.26$3,525
Jul 199634214519.55$6,686
Jun 199616618518.73$3,109
May 199634612719.43$6,723
Apr 199617411221.51$3,743
Mar 199633614019.38$6,512
Feb 199617514016.98$2,972
Jan 199634614117.07$5,906
Dec 199516716317.19$2,871
Nov 199533014416.00$5,280
Oct 199516610415.43$2,561
Sep 19951727916.18$2,783
Aug 199517411615.92$2,770
Jul 199517711415.24$2,697
Jun 199517211416.41$2,823
May 199534910917.56$6,128
Apr 199517011117.73$3,014
Mar 199518411816.44$3,025
Feb 199518311416.58$3,034
Jan 199518211115.92$2,897
Dec 199417212115.03$2,585
Nov 19941819215.90$2,878
Oct 199435311315.58$5,500
Sep 199417710415.29$2,706
Aug 199417111716.13$2,758
Jul 199416811717.56$2,950
Jun 199417211517.09$2,939
May 199434512215.88$5,479
Apr 199416911814.14$2,390
Mar 199417312212.46$2,156
Feb 19941749012.50$2,175
Jan 199417411812.66$2,203
Dec 199334711912.33$4,279
Nov 199317911714.49$2,594
Oct 199316812015.85$2,663
Sep 199317724015.03$2,660
Aug 199335124815.66$5,497
Jul 199317024815.46$2,628
Jun 199317024016.79$2,854
May 199317424817.68$3,076
Apr 199317524018.05$3,159
Mar 199335424818.14$6,422
Feb 199317822417.90$3,186
Jan 199317124816.93$2,895

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.

Apr 2026 — as filed, then multipliedworked
Oil                   75 bbl  × $ 98.93 =     $7,420
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $7,420

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/12504 is the state's own key, not one this site invented.