CARAWAY

Operated by PATTON EXPLORATION, INC. (P-5 643730) in the MIGHTY QUINN (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32304District 7BField 61284375OilSaveExport
Value, all time
$512 k
May 2018 – May 2026
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
97
no gaps in the span
Streams
1
oil

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 13 leases and 15 wells, and the rule below applies to all of them.

Discovered
2001-11-09
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
OilDisposition8,377 bbl$512,500
Total$512,500

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 32.6266, -100.0189. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.62657, -100.01894 · 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
4,900 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 4,900 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-2533553714,900 ftMay 2018

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 (97)

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

97 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 202617959.138.00$10,584
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 202517766.483.13$11,767
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 202418068.993.12$12,418
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 202417778.082.63$13,820
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 202419173.023.30$13,947
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 202318780.522.67$15,057
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 202318575.112.47$13,895
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 202218387.185.86$15,954
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 2022171101.587.54$17,370
Jun 20220115.097.98$0
May 2022183109.378.43$20,015
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 202218991.054.86$17,208
Jan 2022081.844.54$0
Dec 202118171.323.90$12,909
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 202118969.865.35$13,204
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 202118769.493.38$12,995
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 202119357.805.55$11,155
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 202019438.772.71$7,521
Oct 2020036.972.48$0
Sep 202019037.091.99$7,047
Aug 2020039.982.39$0
Jul 202018938.371.83$7,252
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 202018714.751.80$2,758
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 202017957.252.09$10,248
Dec 201918759.012.30$11,035
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 201918955.052.66$10,404
Aug 201918753.112.30$9,932
Jul 201918856.272.46$10,579
Jun 2019052.782.49$0
May 201918658.482.74$10,877
Apr 201918462.632.75$11,524
Mar 201937756.803.06$21,414
Feb 201917450.852.79$8,848
Jan 201919446.033.23$8,930
Dec 201838546.594.19$17,937
Nov 201838252.934.24$20,219
Oct 201875861.443.40$46,572
Sep 20181,29559.543.11$77,104
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$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 2026 — as filed, then multipliedworked
Oil                  179 bbl  × $ 59.13 =    $10,584

────────────────────────────────────────────────────
Month total                                  $10,584

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/32304 is the state's own key, not one this site invented.