MATTHEWS, J.B.

Operated by JTC ROYALTIES LLC (P-5 448054) in the SHACKELFORD COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24024District 7BField 82522001OilCasinghead gasSaveExport
Value, all time
$2.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$137 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 1,335 leases and 6,064 wells, and the rule below applies to all of them.

Discovered
1913-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: CLASS 4 W/DAILY 82 = 6000 TO 8000'

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
OilDisposition52,372 bbl$2,576,145
Casinghead gasProduction27,931 Mcf$50,753
Total$2,626,898

11,435 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 (7)

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 32.7886, -99.3164. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.78879, -99.31647 · 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
28.6%
2 of 7 wells
With a plug date
28.6%
2 of 7 wells
Median depth
1,200 ft
7 wells filed one
Completion to plug
8.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
228.6%
A plug date is filed
228.6%
BothOn the schedule and plugged. Neither fact cancels the other.
228.6%
NeitherNo plug date, and not on the schedule.
571.4%

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 1,170 and 1,212 ft, median 1,200 ft, over the 7 wells that filed a depth.

Completions filed
Oct 1986 – May 1988
7 of 7 wells
Plug dates filed
Nov 1995
2 of 7 wells; 5 filed none

Last completion to plug: a median of 8.4 years across the 2 wells that filed both dates, with the middle half between 8.2 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-4173702451,212 ftMay 1988
42-4173707171,205 ftJan 1988Nov 1995Yes
42-4173702861,212 ftMay 1987
42-4173700041,200 ftJan 1987
42-4173697331,193 ftNov 1986Nov 1995Yes
42-4173696621,170 ftNov 1986
42-4173696311,190 ftOct 1986

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 2026770106.413.05$8,194
Apr 2026173098.932.87$17,115
Mar 202694089.753.15$8,437
Feb 2026206063.503.75$13,081
Jan 2026209059.138.00$12,358
Dec 2025201056.664.41$11,389
Nov 20250058.593.93$0
Oct 2025211059.383.30$12,529
Sep 2025249062.743.08$15,622
Aug 2025234063.933.01$14,960
Jul 2025103066.743.32$6,874
Jun 2025243066.483.13$16,155
May 2025206060.553.23$12,473
Apr 2025201062.363.54$12,534
Mar 2025183067.704.27$12,389
Feb 2025159070.884.34$11,270
Jan 2025188074.324.28$13,972
Dec 2024191068.993.12$13,177
Nov 202485069.052.20$5,869
Oct 2024226071.372.28$16,130
Sep 2024112069.612.36$7,796
Aug 2024179075.632.06$13,538
Jul 2024161079.932.15$12,869
Jun 2024248078.082.63$19,364
May 2024167078.812.20$13,161
Apr 2024324084.451.66$27,362
Mar 202494080.301.55$7,548
Feb 2024137076.091.78$10,424
Jan 2024387073.023.30$28,259
Dec 20230071.262.61$0
Nov 2023211077.892.81$16,435
Oct 2023163085.443.09$13,927
Sep 2023325089.042.74$28,938
Aug 2023170080.522.67$13,688
Jul 2023158074.852.64$11,826
Jun 2023222068.962.26$15,309
May 2023158070.622.23$11,158
Apr 2023155078.122.24$12,109
Mar 2023169072.852.39$12,312
Feb 2023154075.112.47$11,567
Jan 2023255076.533.39$19,515
Dec 2022167076.415.73$12,760
Nov 2022164085.005.65$13,940
Oct 2022145087.185.86$12,641
Sep 2022324084.888.16$27,501
Aug 2022170094.529.13$16,068
Jul 202200101.587.54$0
Jun 20221570115.097.98$18,069
May 20223440109.378.43$37,623
Apr 20223280104.226.84$34,184
Mar 20223370108.885.08$36,693
Feb 2022334091.054.86$30,411
Jan 20220081.844.54$0
Dec 2021319071.323.90$22,751
Nov 20210077.435.24$0
Oct 2021151079.795.71$12,048
Sep 2021160069.865.35$11,178
Aug 2021325066.024.22$21,457
Jul 20210070.783.98$0
Jun 2021169069.493.38$11,744
May 2021142063.483.02$9,014
Apr 2021295060.362.76$17,806
Mar 2021151061.302.72$9,256
Feb 20210057.805.55$0
Jan 2021162050.412.81$8,166
Dec 2020155044.642.68$6,919
Nov 2020332038.772.71$12,872
Oct 20200036.972.48$0
Sep 2020104037.091.99$3,857
Aug 2020158039.982.39$6,317
Jul 2020160038.371.83$6,139
Jun 2020167034.901.69$5,828
May 2020158016.921.81$2,673
Apr 20200014.751.80$0
Mar 2020212030.341.86$6,432
Feb 2020226049.881.98$11,273
Jan 2020162057.252.09$9,275
Dec 2019310059.012.30$18,293
Nov 2019150055.302.75$8,295
Oct 2019161053.472.42$8,609
Sep 2019246055.052.66$13,542
Aug 2019308053.112.30$16,358
Jul 2019149056.272.46$8,384
Jun 2019318052.782.49$16,784
May 2019309058.482.74$18,070
Apr 2019168062.632.75$10,522
Mar 2019319056.803.06$18,119
Feb 2019333050.852.79$16,933
Jan 2019334046.033.23$15,374
Dec 2018333046.594.19$15,514
Nov 2018339052.934.24$17,943
Oct 2018341061.443.40$20,951
Sep 2018332059.543.11$19,767
Aug 2018333059.403.07$19,780
Jul 2018336065.142.93$21,887
Jun 2018309060.183.08$18,596
May 2018130065.382.90$8,499
Apr 2018118063.842.90$7,533
Mar 2018125061.222.79$7,653
Feb 2018128061.782.77$7,908
Jan 2018219062.874.01$13,769
Dec 2017148057.272.92$8,476
Nov 20170055.423.12$0
Oct 2017133049.292.98$6,556
Sep 2017125047.523.09$5,940
Aug 2017149045.373.00$6,760
Jul 2017131043.873.09$5,747
Jun 2017166042.493.09$7,053
May 2017168045.373.26$7,622
Apr 2017147047.933.21$7,046
Mar 2017138046.772.98$6,454
Feb 2017163050.452.95$8,223
Jan 2017167049.413.42$8,251
Dec 2016213048.763.72$10,386
Nov 20160042.492.64$0
Oct 2016135046.193.09$6,236
Sep 2016142041.553.10$5,900
Aug 2016162041.442.92$6,713
Jul 2016163041.622.92$6,784
Jun 2016168045.352.69$7,619
May 2016290042.521.99$12,331
Apr 20160036.561.99$0
Mar 2016167033.011.79$5,513
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015146043.552.43$6,358
Sep 20150042.992.76$0
Aug 201588040.162.87$3,534
Jul 201589048.152.95$4,285
Jun 2015154056.152.88$8,647
May 2015158055.212.96$8,723
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 201448054.693.59$2,625
Nov 2014110070.464.25$7,751
Oct 2014111078.303.90$8,691
Sep 2014131086.164.05$11,287
Aug 2014131089.394.04$11,710
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 201449094.734.73$4,642
Apr 20140095.944.81$0
Mar 2014135095.895.06$12,945
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 201392088.853.74$8,174
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20131580102.523.72$16,198
Jun 20130094.403.93$0
May 2013137094.834.15$12,992
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012136086.773.42$11,801
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012147094.672.92$13,916
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012142079.822.52$11,334
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121580105.052.22$16,598
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 2011141096.873.24$13,659
Nov 20110095.723.31$0
Oct 2011167084.983.65$14,192
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011147094.144.52$13,839
Jun 20110092.904.64$0
May 2011165098.134.40$16,191
Apr 201100105.964.33$0
Mar 2011170096.364.06$16,381
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010175085.734.35$15,003
Nov 20100080.843.80$0
Oct 2010139078.103.51$10,856
Sep 20100072.633.98$0
Aug 2010144073.684.42$10,610
Jul 20100072.554.74$0
Jun 2010167070.364.91$11,750
May 20100071.124.24$0
Apr 2010169081.694.12$13,806
Mar 20100078.394.39$0
Feb 2010169073.585.44$12,435
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 2009164074.593.75$12,233
Oct 20090072.544.11$0
Sep 2009169065.543.06$11,076
Aug 20090067.423.22$0
Jul 2009172061.133.46$10,514
Jun 20090066.163.90$0
May 2009167054.743.93$9,142
Apr 20090046.773.59$0
Mar 2009168042.144.06$7,080
Feb 20090032.814.63$0
Jan 2009172035.865.37$6,168
Dec 20080037.105.98$0
Nov 2008156055.496.86$8,656
Oct 20080075.246.92$0
Sep 20081790101.767.88$18,215
Aug 200800114.228.48$0
Jul 20081810131.0811.39$23,725
Jun 200800131.3313.03$0
May 20081670123.1711.57$20,569
Apr 200800110.3110.45$0
Mar 20081750101.909.66$17,833
Feb 20080092.538.77$0
Jan 2008173090.388.21$15,636
Dec 2007173088.337.30$15,281
Nov 20070091.677.29$0
Oct 2007176082.856.92$14,582
Sep 20070075.846.24$0
Aug 2007173069.066.39$11,947
Jul 2007170070.906.39$12,053
Jun 20070062.007.55$0
May 2007172058.747.85$10,103
Apr 2007178059.617.81$10,611
Mar 20070056.927.30$0
Feb 2007176055.108.22$9,698
Jan 20070050.306.73$0
Dec 2006172056.656.92$9,744
Nov 20060054.207.62$0
Oct 2006169054.906.01$9,278
Sep 20060060.085.04$0
Aug 2006176068.717.34$12,093
Jul 2006167069.376.34$11,585
Jun 2006178066.286.38$11,798
May 20060066.016.42$0
Apr 2006173064.397.36$11,139
Mar 20060056.707.08$0
Feb 2006175057.597.75$10,078
Jan 20060060.598.93$0
Dec 2005181054.9413.42$9,944
Nov 20050054.6910.59$0
Oct 2005177058.3413.80$10,326
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 2005160055.697.84$8,910
Jun 20050052.337.38$0
May 2005173045.226.65$7,823
Apr 20050049.207.36$0
Mar 2005170050.377.15$8,563
Feb 20050045.226.31$0
Jan 2005183043.166.32$7,898
Dec 2004173039.866.75$6,896
Nov 20040045.286.33$0
Oct 2004180049.706.52$8,946
Sep 20040043.245.28$0
Aug 2004167042.375.55$7,076
Jul 20040038.286.08$0
Jun 2004152036.106.43$5,487
May 20040037.486.49$0
Apr 2004184034.475.86$6,342
Mar 20040034.365.53$0
Feb 2004177032.455.51$5,744
Jan 20040032.036.30$0
Dec 2003165030.266.30$4,993
Nov 2003178028.804.60$5,126
Oct 20030028.174.76$0
Sep 2003172026.314.75$4,525
Aug 20030029.765.13$0
Jul 2003166029.415.17$4,882
Jun 20030028.565.98$0
May 2003170026.595.97$4,520
Apr 20030026.675.41$0
Mar 2003168031.146.10$5,232
Feb 20030033.487.93$0
Jan 2003176030.315.58$5,335
Dec 20020026.914.85$0
Nov 2002174024.664.14$4,291
Oct 20020026.464.23$0
Sep 2002172027.443.64$4,720
Aug 20020025.963.16$0
Jul 2002181024.583.06$4,449
Jun 20020023.733.34$0
May 2002184024.663.58$4,537
Apr 20020023.653.51$0
Mar 2002183022.003.10$4,026
Feb 20020018.222.38$0
Jan 2002189017.172.38$3,245
Dec 2001165716.932.36$2,810
Nov 2001015318.072.41$368
Oct 200116516719.782.53$3,686
Sep 2001019124.262.25$430
Aug 200117512624.873.05$4,737
Jul 2001014223.933.20$454
Jun 200118417724.563.82$5,196
May 200117315225.524.31$5,070
Apr 2001037124.685.34$1,979
Mar 200117829724.545.38$5,965
Feb 2001030527.755.77$1,759
Jan 200118837927.478.40$8,347
Dec 200018734326.889.12$8,156
Nov 2000027732.215.66$1,567
Oct 20001886531.235.15$6,206
Sep 200018310031.875.19$6,351
Aug 2000023329.644.54$1,058
Jul 200018320728.534.09$6,068
Jun 200018321929.304.40$6,325
May 200015020127.263.68$4,829
Apr 2000019724.513.12$614
Mar 200015620928.422.86$5,031
Feb 200017218627.622.73$5,258
Jan 200017921525.272.48$5,057
Dec 199918222424.282.42$4,962
Nov 199918514923.192.43$4,653
Oct 199916112520.982.80$3,728
Sep 1999033021.752.62$864
Aug 199917831019.262.88$4,320
Jul 199917939117.892.37$4,130
Jun 1999023915.942.36$565
May 199917217115.792.32$3,113
Apr 1999028515.102.21$629
Mar 199917127312.471.84$2,634
Feb 199903009.981.82$545
Jan 199918522410.381.90$2,346
Dec 199802749.201.77$486
Nov 199817434710.892.19$2,653
Oct 199818832512.421.97$2,975
Sep 1998034412.592.08$716
Aug 199818432211.301.91$2,693
Jul 199818330611.742.24$2,833
Jun 199818336911.242.24$2,882
May 1998031212.622.21$688
Apr 199816327213.042.51$2,807
Mar 199818631312.802.31$3,104
Feb 199818537313.952.30$3,438
Jan 199818732714.702.15$3,454
Dec 199719129716.322.41$3,833
Nov 199718843418.193.09$4,760
Oct 1997039619.253.15$1,247
Sep 199717741517.742.95$4,366
Aug 199717842917.862.55$4,275
Jul 199718445517.582.25$4,257
Jun 199718561017.242.26$4,566
May 199718653818.972.31$4,770
Apr 199718523017.882.08$3,787
Mar 199718726418.951.94$4,056
Feb 1997027020.492.21$596
Jan 199714233423.483.54$4,516
Dec 199618633123.32$4,338
Nov 199618616621.97$4,086
Oct 199618233923.31$4,242
Sep 199618541122.22$4,111
Aug 1996038720.26$0
Jul 199617942719.55$3,499
Jun 199616038518.73$2,997
May 199617737019.43$3,439
Apr 199617743821.51$3,807
Mar 199617342619.38$3,353
Feb 199618240916.98$3,090
Jan 199618136817.07$3,090
Dec 199537025217.19$6,360
Nov 199517814316.00$2,848
Oct 19951694115.43$2,608
Sep 199518015416.18$2,912
Aug 199517618115.92$2,802
Jul 199517212315.24$2,621
Jun 199517915416.41$2,937
May 199534114517.56$5,988
Apr 199518011517.73$3,191
Mar 199518022316.44$2,959
Feb 199516522816.58$2,736
Jan 199517130515.92$2,722
Dec 199416229115.03$2,435
Nov 199417923515.90$2,846
Oct 199418124015.58$2,820
Sep 199417925915.29$2,737
Aug 199417727716.13$2,855
Jul 199417722517.56$3,108
Jun 199416322217.09$2,786
May 199434412315.88$5,463
Apr 19941839214.14$2,588
Mar 1994178412.46$2,218
Feb 19941784512.50$2,225
Jan 199419220112.66$2,431
Dec 199318124812.33$2,232
Nov 199318124814.49$2,623
Oct 199333622815.85$5,326
Sep 199317611115.03$2,645
Aug 199317337315.66$2,709
Jul 199318017015.46$2,783
Jun 199318029116.79$3,022
May 199318430917.68$3,253
Apr 199317326718.05$3,123
Mar 199318016818.14$3,265
Feb 199318112017.90$3,240
Jan 199317916716.93$3,030

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                   77 bbl  × $106.41 =     $8,194
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $8,194

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/24024 is the state's own key, not one this site invented.