MAGRUDER

Operated by CARAWAY OPERATING CO. (P-5 130690) in the ROCK PEN (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10304District 7CField 77622500NGPA filingOilCasinghead gasSaveExport
Value, all time
$456 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 52 leases and 144 wells, and the rule below applies to all of them.

Discovered
1976-06-04
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-02-04.

The Commission's schedule remark for this field reads: OPTIONAL 40 ACRE UNITS W/MAX 2100' DIAG.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA6none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition5,233 bbl$150,565
Casinghead gasProduction104,375 Mcf$305,786
Total$456,352

35,780 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 (4)

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 31.2699, -100.8437. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles.

31.27043, -100.84319 · 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
75.0%
3 of 4 wells
With a plug date
75.0%
3 of 4 wells
Median depth
6,715 ft
4 wells filed one
Completion to plug
14.5 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
375.0%
A plug date is filed
375.0%
BothOn the schedule and plugged. Neither fact cancels the other.
375.0%
NeitherNo plug date, and not on the schedule.
125.0%

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 6,650 and 6,775 ft, median 6,715 ft, over the 4 wells that filed a depth.

Completions filed
Aug 1983 – Nov 2012
4 of 4 wells
Plug dates filed
Feb 1998 – Jul 2010
3 of 4 wells; 1 filed none

Last completion to plug: a median of 14.5 years across the 3 wells that filed both dates, with the middle half between 8.1 years and 14.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-2353257537016,685 ftNov 2012
42-2353213936,745 ftJun 1996Feb 1998Yes
42-2353263137026,650 ftJan 1996Jul 2010Yes
42-2353212026,775 ftAug 1983Mar 1998Yes

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 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 201150095.723.31$4,786
Oct 201115022484.983.65$13,564
Sep 2011021683.623.99$861
Aug 2011023083.404.15$954
Jul 2011023194.144.52$1,043
Jun 2011015692.904.64$724
May 2011023898.134.40$1,048
Apr 20110229105.964.33$992
Mar 2011022996.364.06$929
Feb 2011020885.644.18$869
Jan 2011024886.504.59$1,138
Dec 2010023485.734.35$1,017
Nov 2010022980.843.80$869
Oct 201018723378.103.51$15,422
Sep 2010023472.633.98$931
Aug 2010024673.684.42$1,087
Jul 2010022072.554.74$1,042
Jun 2010027570.364.91$1,350
May 2010024571.124.24$1,038
Apr 2010023681.694.12$973
Mar 2010023378.394.39$1,023
Feb 2010021573.585.44$1,170
Jan 2010023774.365.96$1,413
Dec 2009021271.445.48$1,163
Nov 2009023274.593.75$870
Oct 2009023972.544.11$982
Sep 2009023365.543.06$714
Aug 2009016667.423.22$534
Jul 2009022061.133.46$762
Jun 2009024166.163.90$939
May 200918524954.743.93$11,104
Apr 2009024146.773.59$865
Mar 2009024642.144.06$999
Feb 2009022332.814.63$1,033
Jan 2009024635.865.37$1,321
Dec 2008024437.105.98$1,458
Nov 2008024055.496.86$1,646
Oct 2008024875.246.92$1,717
Sep 20080197101.767.88$1,552
Aug 20080131114.228.48$1,111
Jul 2008074131.0811.39$843
Jun 2008065131.3313.03$847
May 20080266123.1711.57$3,079
Apr 20080253110.3110.45$2,645
Mar 20080258101.909.66$2,493
Feb 2008024592.538.77$2,149
Jan 2008025890.388.21$2,117
Dec 2007025988.337.30$1,891
Nov 2007024091.677.29$1,750
Oct 2007020482.856.92$1,412
Sep 2007019575.846.24$1,218
Aug 2007020969.066.39$1,335
Jul 2007019770.906.39$1,258
Jun 2007024562.007.55$1,849
May 200718826058.747.85$13,083
Apr 2007026359.617.81$2,053
Mar 2007030856.927.30$2,249
Feb 2007028255.108.22$2,317
Jan 2007130850.306.73$2,122
Dec 2006031156.656.92$2,152
Nov 2006030954.207.62$2,354
Oct 2006026254.906.01$1,576
Sep 2006028460.085.04$1,431
Aug 2006029268.717.34$2,143
Jul 2006032669.376.34$2,068
Jun 2006031866.286.38$2,030
May 2006032466.016.42$2,082
Apr 2006031764.397.36$2,333
Mar 2006033056.707.08$2,337
Feb 2006019857.597.75$1,535
Jan 2006022260.598.93$1,983
Dec 200519229854.9413.42$14,546
Nov 2005029954.6910.59$3,166
Oct 2005031958.3413.80$4,401
Sep 2005031961.4512.08$3,853
Aug 2005032161.519.80$3,145
Jul 2005031355.697.84$2,455
Jun 2005033252.337.38$2,451
May 2005034945.226.65$2,321
Apr 2005032349.207.36$2,377
Mar 200515535150.377.15$10,319
Feb 2005032645.226.31$2,058
Jan 2005035743.166.32$2,257
Dec 2004033739.866.75$2,275
Nov 2004033045.286.33$2,089
Oct 2004033349.706.52$2,170
Sep 2004035343.245.28$1,865
Aug 2004039442.375.55$2,187
Jul 2004136938.286.08$2,283
Jun 2004038136.106.43$2,451
May 2004139237.486.49$2,583
Apr 2004035834.475.86$2,097
Mar 2004033834.365.53$1,869
Feb 2004034532.455.51$1,901
Jan 200415439432.036.30$7,415
Dec 2003039430.266.30$2,483
Nov 2003039728.804.60$1,824
Oct 2003041028.174.76$1,951
Sep 2003039626.314.75$1,881
Aug 2003042529.765.13$2,180
Jul 2003038729.415.17$2,001
Jun 200318337828.565.98$7,488
May 2003042926.595.97$2,562
Apr 2003039826.675.41$2,152
Mar 2003040531.146.10$2,469
Feb 2003136933.487.93$2,958
Jan 2003041630.315.58$2,322
Dec 2002040526.914.85$1,966
Nov 2002027224.664.14$1,125
Oct 2002034726.464.23$1,468
Sep 2002035527.443.64$1,291
Aug 2002039425.963.16$1,247
Jul 2002026424.583.06$808
Jun 200216832823.733.34$5,082
May 2002237224.663.58$1,383
Apr 2002045223.653.51$1,588
Mar 2002046622.003.10$1,446
Feb 2002042518.222.38$1,010
Jan 2002044317.172.38$1,052
Dec 2001230816.932.36$762
Nov 2001016818.072.41$404
Oct 2001023819.782.53$602
Sep 2001026024.262.25$585
Aug 2001031524.873.05$962
Jul 2001034723.933.20$1,109
Jun 2001048324.563.82$1,847
May 200116948725.524.31$6,411
Apr 2001049624.685.34$2,646
Mar 2001042224.545.38$2,269
Feb 2001043827.755.77$2,526
Jan 2001049527.478.40$4,157
Dec 2000050326.889.12$4,589
Nov 200017549832.215.66$8,454
Oct 2000056831.235.15$2,923
Sep 2000040631.875.19$2,106
Aug 2000038529.644.54$1,748
Jul 2000043528.534.09$1,779
Jun 2000043529.304.40$1,913
May 2000043327.263.68$1,593
Apr 2000040324.513.12$1,256
Mar 2000037028.422.86$1,058
Feb 2000031127.622.73$848
Jan 2000073525.272.48$1,823
Dec 199916962024.282.42$5,606
Nov 1999081123.192.43$1,974
Oct 1999041720.982.80$1,169
Sep 1999048221.752.62$1,262
Aug 1999133319.262.88$977
Jul 1999045617.892.37$1,082
Jun 1999065115.942.36$1,538
May 1999050815.792.32$1,179
Apr 1999051715.102.21$1,142
Mar 199917283112.471.84$3,672
Feb 199904779.981.82$867
Jan 1999139410.381.90$759
Dec 199805709.201.77$1,011
Nov 1998062610.892.19$1,368
Oct 1998080312.421.97$1,581
Sep 1998078112.592.08$1,627
Aug 1998070411.301.91$1,343
Jul 199817275611.742.24$3,711
Jun 1998083911.242.24$1,877
May 1998164512.622.21$1,436
Apr 1998074513.042.51$1,866
Mar 1998169412.802.31$1,616
Feb 1998075013.952.30$1,724
Jan 1998084814.702.15$1,827
Dec 199716870616.322.41$4,444
Nov 1997061518.193.09$1,899
Oct 1997181219.253.15$2,577
Sep 1997079217.742.95$2,340
Aug 1997080517.862.55$2,057
Jul 1997075717.582.25$1,701
Jun 199717074217.242.26$4,606
May 1997070818.972.31$1,634
Apr 1997182417.882.08$1,734
Mar 1997069818.951.94$1,354
Feb 199717471520.492.21$5,142
Jan 1997093023.483.54$3,292
Dec 1996079123.32$0
Nov 1996069321.97$0
Oct 1996073823.31$0
Sep 199616193222.22$3,577
Aug 1996089720.26$0
Jul 1996096019.55$0
Jun 19961671,05618.73$3,128
May 199601,10119.43$0
Apr 1996086421.51$0
Mar 199615885019.38$3,062
Feb 1996063116.98$0
Jan 1996027617.07$0
Dec 1995047417.19$0
Nov 19955757016.00$912
Oct 1995074415.43$0
Sep 1995070516.18$0
Aug 199517270715.92$2,738
Jul 1995069115.24$0
Jun 1995057916.41$0
May 199516780517.56$2,933
Apr 1995064917.73$0
Mar 1995056616.44$0
Feb 1995057916.58$0
Jan 199517066815.92$2,706
Dec 1994064615.03$0
Nov 1994065715.90$0
Oct 1994081515.58$0
Sep 199417275915.29$2,630
Aug 1994068616.13$0
Jul 1994075217.56$0
Jun 199416571417.09$2,820
May 1994087015.88$0
Apr 1994085514.14$0
Mar 199417083312.46$2,118
Feb 1994077212.50$0
Jan 1994094912.66$0
Dec 199317080412.33$2,096
Nov 1993063914.49$0
Oct 1993073515.85$0
Sep 199317481915.03$2,615
Aug 1993081515.66$0
Jul 199316688715.46$2,566
Jun 1993095516.79$0
May 1993191517.68$18
Apr 1993048718.05$0
Mar 199316768518.14$3,029
Feb 1993066817.90$0
Jan 1993153716.93$17

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.

Nov 2011 — as filed, then multipliedworked
Oil                   50 bbl  × $ 95.72 =     $4,786
Casinghead gas         0 Mcf  × $  3.31 =         $0

────────────────────────────────────────────────────
Month total                                   $4,786

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. 7C/O/10304 is the state's own key, not one this site invented.