LEE, T. W. -A-

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 3541District 7BField 82522001OilCasinghead gasSaveExport
Value, all time
$9.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$151 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
OilDisposition145,330 bbl$9,059,249
Casinghead gasProduction22 Mcf$0
Total$9,059,249

22 Mcf of this lease's gas, across 22 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 (10)

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 32.7103, -99.3435. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.71023, -99.34364 · 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 10 wells
With a plug date
0.0%
0 of 10 wells
Median depth
1,234 ft
9 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.
10100.0%

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

Total depth in feet, 9 of 10 wells. Median 1,234 ft, with the middle half between 1,215 and 1,236 ft; the shallowest is 1,160 ft and the deepest 1,250 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 9 of 10 wells, Dec 2002 – Sep 2006. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Dec 2002 – Sep 2006
9 of 10 wells; 1 filed none

10 wells

42-417816271
42-4173863310 A1,236 ftSep 2006
42-417385829A1,234 ftAug 2006
42-417385748 A1,215 ftMar 2006
42-417385397 A1,250 ftFeb 2006
42-417385116 A1,220 ftMay 2005
42-417383834 A1,249 ftJan 2004
42-417384265 A1,214 ftJan 2004
42-417383823 A1,234 ftMay 2003
42-417383702 A1,160 ftDec 2002

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 20261900106.413.05$20,218
Apr 2026129098.932.87$12,762
Mar 2026269089.753.15$24,143
Feb 2026104063.503.75$6,604
Jan 202698059.138.00$5,795
Dec 2025155056.664.41$8,782
Nov 2025147058.593.93$8,613
Oct 2025243059.383.30$14,429
Sep 2025188062.743.08$11,795
Aug 202587063.933.01$5,562
Jul 2025175066.743.32$11,680
Jun 2025309066.483.13$20,542
May 2025131060.553.23$7,932
Apr 2025198062.363.54$12,347
Mar 2025397067.704.27$26,877
Feb 2025150070.884.34$10,632
Jan 2025165074.324.28$12,263
Dec 2024328068.993.12$22,629
Nov 2024217069.052.20$14,984
Oct 2024393071.372.28$28,048
Sep 2024116069.612.36$8,075
Aug 202426075.632.06$1,966
Jul 2024135079.932.15$10,791
Jun 2024102078.082.63$7,964
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024165073.023.30$12,048
Dec 2023167071.262.61$11,900
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 2023160089.042.74$14,246
Aug 2023159080.522.67$12,803
Jul 2023159074.852.64$11,901
Jun 20230068.962.26$0
May 2023170070.622.23$12,005
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023164075.112.47$12,318
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022166085.005.65$14,110
Oct 20220087.185.86$0
Sep 2022163084.888.16$13,835
Aug 20220094.529.13$0
Jul 20221590101.587.54$16,151
Jun 202200115.097.98$0
May 20221100109.378.43$12,031
Apr 20221540104.226.84$16,050
Mar 20221650108.885.08$17,965
Feb 2022182091.054.86$16,571
Jan 2022163081.844.54$13,340
Dec 2021170071.323.90$12,124
Nov 20210077.435.24$0
Oct 2021297079.795.71$23,698
Sep 20210069.865.35$0
Aug 2021163066.024.22$10,761
Jul 2021167070.783.98$11,820
Jun 2021343069.493.38$23,835
May 2021327063.483.02$20,758
Apr 2021175060.362.76$10,563
Mar 2021166061.302.72$10,176
Feb 2021171057.805.55$9,884
Jan 2021336050.412.81$16,938
Dec 2020170044.642.68$7,589
Nov 2020170038.772.71$6,591
Oct 2020331036.972.48$12,237
Sep 2020171037.091.99$6,342
Aug 2020329039.982.39$13,153
Jul 2020167038.371.83$6,408
Jun 2020335034.901.69$11,692
May 20200016.921.81$0
Apr 202074014.751.80$1,092
Mar 2020112030.341.86$3,398
Feb 2020164049.881.98$8,180
Jan 2020160057.252.09$9,160
Dec 2019162059.012.30$9,560
Nov 2019160055.302.75$8,848
Oct 20190053.472.42$0
Sep 2019167055.052.66$9,193
Aug 2019165053.112.30$8,763
Jul 2019329056.272.46$18,513
Jun 2019326052.782.49$17,206
May 2019333058.482.74$19,474
Apr 2019332062.632.75$20,793
Mar 2019332056.803.06$18,858
Feb 2019331050.852.79$16,831
Jan 2019164046.033.23$7,549
Dec 2018166046.594.19$7,734
Nov 2018163052.934.24$8,628
Oct 2018338061.443.40$20,767
Sep 2018328059.543.11$19,529
Aug 2018330059.403.07$19,602
Jul 2018326065.142.93$21,236
Jun 2018324060.183.08$19,498
May 2018169065.382.90$11,049
Apr 2018166063.842.90$10,597
Mar 2018170061.222.79$10,407
Feb 20180061.782.77$0
Jan 2018166062.874.01$10,436
Dec 2017166057.272.92$9,507
Nov 2017328055.423.12$18,178
Oct 2017331049.292.98$16,315
Sep 2017162047.523.09$7,698
Aug 2017170045.373.00$7,713
Jul 2017333043.873.09$14,609
Jun 2017328042.493.09$13,937
May 2017334045.373.26$15,154
Apr 2017166047.933.21$7,956
Mar 2017332046.772.98$15,528
Feb 2017328050.452.95$16,548
Jan 2017169049.413.42$8,350
Dec 2016332048.763.72$16,188
Nov 2016334042.492.64$14,192
Oct 2016331046.193.09$15,289
Sep 2016338041.553.10$14,044
Aug 2016336041.442.92$13,924
Jul 2016347041.622.92$14,442
Jun 2016339045.352.69$15,374
May 2016336042.521.99$14,287
Apr 2016163036.561.99$5,959
Mar 2016329033.011.79$10,860
Feb 2016166026.472.06$4,394
Jan 2016329027.352.36$8,998
Dec 2015449032.362.00$14,530
Nov 2015246038.792.17$9,542
Oct 2015374043.552.43$16,288
Sep 2015285042.992.76$12,252
Aug 2015394040.162.87$15,823
Jul 2015398048.152.95$19,164
Jun 2015306056.152.88$17,182
May 2015254055.212.96$14,023
Apr 2015330049.822.71$16,441
Mar 2015330042.892.93$14,154
Feb 2015110044.662.98$4,913
Jan 2015423043.433.10$18,371
Dec 2014336054.693.59$18,376
Nov 2014293070.464.25$20,645
Oct 2014167078.303.90$13,076
Sep 2014168086.164.05$14,475
Aug 2014488089.394.04$43,622
Jul 2014336096.564.18$32,444
Jun 2014335098.164.74$32,884
May 2014496094.734.73$46,986
Apr 2014504095.944.81$48,354
Mar 2014337095.895.06$32,315
Feb 2014209097.406.19$20,357
Jan 2014473090.404.86$42,759
Dec 2013376091.824.35$34,524
Nov 2013354088.853.74$31,453
Oct 2013521097.423.78$50,756
Sep 20133380104.113.72$35,189
Aug 20133380104.253.52$35,237
Jul 20135000102.523.72$51,260
Jun 2013323094.403.93$30,491
May 2013335094.834.15$31,768
Apr 2013202093.964.28$18,980
Mar 2013342093.623.91$32,018
Feb 2013338091.233.42$30,836
Jan 2013343091.603.42$31,419
Dec 2012442086.773.42$38,352
Nov 2012457086.953.62$39,736
Oct 2012313089.383.40$27,976
Sep 2012412094.672.92$39,004
Aug 2012511092.662.91$47,349
Jul 2012328085.133.02$27,923
Jun 2012342079.822.52$27,298
May 2012478091.612.49$43,790
Apr 20124660101.652.00$47,369
Mar 20123420105.052.22$35,927
Feb 20125290101.102.57$53,482
Jan 2012510098.092.73$50,026
Dec 2011513096.873.24$49,694
Nov 2011517095.723.31$49,487
Oct 2011513084.983.65$43,595
Sep 2011524083.623.99$43,817
Aug 2011636083.404.15$53,042
Jul 2011520094.144.52$48,953
Jun 2011516092.904.64$47,936
May 2011690098.134.40$67,710
Apr 20115280105.964.33$55,947
Mar 2011503096.364.06$48,469
Feb 2011323085.644.18$27,662
Jan 2011524086.504.59$45,326
Dec 2010344085.734.35$29,491
Nov 2010510080.843.80$41,228
Oct 2010700078.103.51$54,670
Sep 2010513072.633.98$37,259
Aug 2010685073.684.42$50,471
Jul 2010683072.554.74$49,552
Jun 2010698070.364.91$49,111
May 2010693071.124.24$49,286
Apr 2010736081.694.12$60,124
Mar 2010684078.394.39$53,619
Feb 2010686073.585.44$50,476
Jan 2010708074.365.96$52,647
Dec 2009513071.445.48$36,649
Nov 2009684074.593.75$51,020
Oct 2009704072.544.11$51,068
Sep 2009514065.543.06$33,688
Aug 2009682067.423.22$45,980
Jul 2009916061.133.46$55,995
Jun 2009512066.163.90$33,874
May 2009802054.743.93$43,901
Apr 2009691046.773.59$32,318
Mar 2009698042.144.06$29,414
Feb 2009695032.814.63$22,803
Jan 2009641035.865.37$22,986
Dec 2008573037.105.98$21,258
Nov 20081,000055.496.86$55,490
Oct 2008868075.246.92$65,308
Sep 20088420101.767.88$85,682
Aug 20088240114.228.48$94,117
Jul 20088910131.0811.39$116,792
Jun 20088740131.3313.03$114,782
May 20088420123.1711.57$103,709
Apr 20089270110.3110.45$102,257
Mar 20088400101.909.66$85,596
Feb 2008918092.538.77$84,943
Jan 2008913090.388.21$82,517
Dec 20071,128088.337.30$99,636
Nov 2007916091.677.29$83,970
Oct 20071,004082.856.92$83,181
Sep 2007981075.846.24$74,399
Aug 20071,030069.066.39$71,132
Jul 20071,020070.906.39$72,318
Jun 20071,200062.007.55$74,400
May 2007835058.747.85$49,048
Apr 20071,010059.617.81$60,206
Mar 20071,169056.927.30$66,539
Feb 2007983055.108.22$54,163
Jan 20071,372050.306.73$69,012
Dec 20061,358056.656.92$76,931
Nov 20061,178054.207.62$63,848
Oct 20061,195054.906.01$65,606
Sep 20061,193060.085.04$71,675
Aug 20061,219068.717.34$83,757
Jul 2006909069.376.34$63,057
Jun 20061,155066.286.38$76,553
May 20061,312066.016.42$86,605
Apr 20061,319064.397.36$84,930
Mar 20061,500056.707.08$85,050
Feb 20061,091057.597.75$62,831
Jan 20061,267060.598.93$76,768
Dec 20051,283054.9413.42$70,488
Nov 20051,256054.6910.59$68,691
Oct 20051,297058.3413.80$75,667
Sep 20051,445061.4512.08$88,795
Aug 20051,451061.519.80$89,251
Jul 20051,077055.697.84$59,978
Jun 20051,392052.337.38$72,843
May 20051,456045.226.65$65,840
Apr 20051,597049.207.36$78,572
Mar 20051,434050.377.15$72,231
Feb 20051,498045.226.31$67,740
Jan 20051,783043.166.32$76,954
Dec 20041,742039.866.75$69,436
Nov 20041,723045.286.33$78,017
Oct 20041,875049.706.52$93,188
Sep 20041,883043.245.28$81,421
Aug 20041,895042.375.55$80,291
Jul 20041,922038.286.08$73,574
Jun 2004868036.106.43$31,335
May 20041,227037.486.49$45,988
Apr 20041,226034.475.86$42,260
Mar 20041,537034.365.53$52,811
Feb 20041,035032.455.51$33,586
Jan 20041,253032.036.30$40,134
Dec 2003795030.266.30$24,057
Nov 2003679028.804.60$19,555
Oct 2003720028.174.76$20,282
Sep 2003621026.314.75$16,339
Aug 2003613029.765.13$18,243
Jul 2003700029.415.17$20,587
Jun 2003852028.565.98$24,333
May 2003950026.595.97$25,261
Apr 2003718026.675.41$19,149
Mar 2003461031.146.10$14,356
Feb 2003413033.487.93$13,827
Jan 2003435030.315.58$13,185
Dec 2002239026.914.85$6,431
Nov 200247024.664.14$1,159
Oct 20020026.464.23$0
Sep 200286027.443.64$2,360
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 2002145022.003.10$3,190
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 1996102023.32$2,379
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 199691018.73$1,704
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 199599015.92$1,576
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 199499015.03$1,488
Nov 19940015.90$0
Oct 19940115.58$0
Sep 1994118115.29$1,804
Aug 19940116.13$0
Jul 19940117.56$0
Jun 199481117.09$1,384
May 19940115.88$0
Apr 19940114.14$0
Mar 199473112.46$910
Feb 19940112.50$0
Jan 19940112.66$0
Dec 19930112.33$0
Nov 19930114.49$0
Oct 199380115.85$1,268
Sep 19930115.03$0
Aug 199378115.66$1,221
Jul 19930115.46$0
Jun 19930116.79$0
May 1993114117.68$2,016
Apr 19930118.05$0
Mar 19930118.14$0
Feb 19930117.90$0
Jan 19930116.93$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.

May 2026 — as filed, then multipliedworked
Oil                  190 bbl  × $106.41 =    $20,218
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $20,218

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/3541 is the state's own key, not one this site invented.