MASTERSON

Operated by LOW-END OIL LLC (P-5 510360) in the PHIL KENDRICK (PALO PINTO, LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27998District 7BField 71197780OilCasinghead gasSave
Value, all time
$235 k
Oct 1996 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
356
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition10,642 bbl$234,463
Casinghead gasProduction757 Mcf$731
Total$235,194

614 Mcf of this lease's gas, across 3 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 (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 32.9654, -99.5396. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.96540, -99.53955 · 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
5,083 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 5,083 ft.

Completions filed
Oct 1996
1 of 1 wells

1 well

42-2073233115,083 ftOct 1996

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 (356)

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

356 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 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
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 20170047.933.21$0
Mar 20170046.772.98$0
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 20160045.352.69$0
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 20150032.362.00$0
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 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009148072.544.11$10,736
Sep 20090165.543.06$3
Aug 20090167.423.22$3
Jul 20090061.133.46$0
Jun 20090166.163.90$4
May 20090154.743.93$4
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 20080175.246.92$7
Sep 200800101.767.88$0
Aug 200801114.228.48$8
Jul 200801131.0811.39$11
Jun 200801131.3313.03$13
May 200800123.1711.57$0
Apr 200801110.3110.45$10
Mar 200801101.909.66$10
Feb 20080192.538.77$9
Jan 20080190.388.21$8
Dec 20070188.337.30$7
Nov 20070191.677.29$7
Oct 20070182.856.92$7
Sep 20070175.846.24$6
Aug 20070169.066.39$6
Jul 20070170.906.39$6
Jun 20070162.007.55$8
May 20070158.747.85$8
Apr 20070159.617.81$8
Mar 20070156.927.30$7
Feb 20070155.108.22$8
Jan 20070150.306.73$7
Dec 20060156.656.92$7
Nov 20060154.207.62$8
Oct 20060154.906.01$6
Sep 20060160.085.04$5
Aug 20060168.717.34$7
Jul 20060169.376.34$6
Jun 20060166.286.38$6
May 2006115066.016.42$7,591
Apr 20060164.397.36$7
Mar 20060156.707.08$7
Feb 20060157.597.75$8
Jan 20060160.598.93$9
Dec 20050154.9413.42$13
Nov 20050154.6910.59$11
Oct 20050158.3413.80$14
Sep 20050161.4512.08$12
Aug 20050161.519.80$10
Jul 20050155.697.84$8
Jun 20050152.337.38$7
May 20050145.226.65$7
Apr 200563149.207.36$3,107
Mar 20050150.377.15$7
Feb 20050145.226.31$6
Jan 2005143143.166.32$6,178
Dec 20040139.866.75$7
Nov 20040145.286.33$6
Oct 20040149.706.52$7
Sep 20040143.245.28$5
Aug 20040142.375.55$6
Jul 20040138.286.08$6
Jun 20040136.106.43$6
May 20040137.486.49$6
Apr 2004103134.475.86$3,556
Mar 20040134.365.53$6
Feb 20040132.455.51$6
Jan 20040132.036.30$6
Dec 200390130.266.30$2,730
Nov 20030128.804.60$5
Oct 20030128.174.76$5
Sep 2003104126.314.75$2,741
Aug 20030129.765.13$5
Jul 20030129.415.17$5
Jun 20030128.565.98$6
May 2003110126.595.97$2,931
Apr 20030126.675.41$5
Mar 20030131.146.10$6
Feb 20030133.487.93$8
Jan 2003165130.315.58$5,007
Dec 20020126.914.85$5
Nov 20020124.664.14$4
Oct 20020126.464.23$4
Sep 2002121127.443.64$3,324
Aug 20020125.963.16$3
Jul 200296124.583.06$2,363
Jun 20020123.733.34$3
May 20020124.663.58$4
Apr 20020123.653.51$4
Mar 200283122.003.10$1,829
Feb 20020118.222.38$2
Jan 20020117.172.38$2
Dec 2001168116.932.36$2,847
Nov 20010118.072.41$2
Oct 20010119.782.53$3
Sep 20010124.262.25$2
Aug 2001163124.873.05$4,057
Jul 20010123.933.20$3
Jun 2001168124.563.82$4,130
May 20010125.524.31$4
Apr 20010124.685.34$5
Mar 20010124.545.38$5
Feb 2001256127.755.77$7,110
Jan 20010127.478.40$8
Dec 20000126.889.12$9
Nov 20000132.215.66$6
Oct 20000131.235.15$5
Sep 200087131.875.19$2,778
Aug 2000168129.644.54$4,984
Jul 20000128.534.09$4
Jun 200072129.304.40$2,114
May 200093127.263.68$2,539
Apr 2000175124.513.12$4,292
Mar 20000128.422.86$3
Feb 2000168127.622.73$4,643
Jan 20000125.272.48$2
Dec 1999168124.282.42$4,081
Nov 19990123.192.43$2
Oct 1999127120.982.80$2,667
Sep 1999173121.752.62$3,765
Aug 19990119.262.88$3
Jul 1999154117.892.37$2,757
Jun 1999169115.942.36$2,696
May 19990115.792.32$2
Apr 1999165115.102.21$2,494
Mar 1999168112.471.84$2,097
Feb 199916619.981.82$1,659
Jan 1999160110.381.90$1,663
Dec 1998019.201.77$2
Nov 1998166110.892.19$1,810
Oct 19980112.421.97$2
Sep 1998171112.592.08$2,155
Aug 19980111.301.91$2
Jul 1998169111.742.24$1,986
Jun 1998176111.242.24$1,980
May 1998170112.622.21$2,148
Apr 1998170113.042.51$2,219
Mar 19980112.802.31$2
Feb 1998163113.952.30$2,276
Jan 1998165114.702.15$2,428
Dec 1997173116.322.41$2,826
Nov 19970118.193.09$3
Oct 1997172119.253.15$3,314
Sep 1997173117.742.95$3,072
Aug 1997174117.862.55$3,110
Jul 1997174117.582.25$3,061
Jun 1997344117.242.26$5,933
May 1997347118.972.31$6,585
Apr 1997336117.882.08$6,010
Mar 1997347118.951.94$6,578
Feb 1997516120.492.21$10,575
Jan 1997600123.483.54$14,092
Dec 19967084223.32$16,511
Nov 199669834521.97$15,335
Oct 199622122723.31$5,152

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.

Oct 2009 — as filed, then multipliedworked
Oil                  148 bbl  × $ 72.54 =    $10,736
Casinghead gas         0 Mcf  × $  4.11 =         $0

────────────────────────────────────────────────────
Month total                                  $10,736

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/27998 is the state's own key, not one this site invented.