MORGAN

Operated by MANZANO, LLC (P-5 525195) in the COCHRAN (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 71240District 8AField 19261666OilCasinghead gasSave
Value, all time
$8.9 M
Feb 2022 – May 2026
Value, last 12 filed months
$565 k
at the published price for each month
Months reported
52
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
OilDisposition100,599 bbl$8,669,925
Casinghead gasProduction61,352 Mcf$193,964
Total$8,863,889

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 33.6116, -102.9466. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.61157, -102.94661 · 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
4,923 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 4,923 ft.

Completions filed
Feb 2022
1 of 1 wells

1 well

42-079334251H4,923 ftFeb 2022

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 (52)

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

52 months

May 2026486747106.413.05$53,991
Apr 202664571998.932.87$65,873
Mar 202631371489.753.15$30,340
Feb 202665161863.503.75$43,656
Jan 202649158459.138.00$33,704
Dec 202565866556.664.41$40,217
Nov 202565461558.593.93$40,733
Oct 202564663859.383.30$40,468
Sep 202581960162.743.08$53,233
Aug 202583663163.933.01$55,348
Jul 202567961166.743.32$47,342
Jun 202586763166.483.13$59,612
May 202586763960.553.23$54,562
Apr 202565851562.363.54$42,858
Mar 202566473067.704.27$48,069
Feb 202585196870.884.34$64,521
Jan 20258531,09474.324.28$68,076
Dec 20241,0381,03068.993.12$74,827
Nov 20248431,54469.052.20$61,604
Oct 20248512,17271.372.28$65,691
Sep 20241,1702,27769.612.36$86,827
Aug 20241,1982,47075.632.06$95,702
Jul 20241,3662,73279.932.15$115,049
Jun 20241,3632,67978.082.63$113,479
May 20241,3673,75078.812.20$115,977
Apr 20241,5363,81684.451.66$136,047
Mar 20241,6854,00380.301.55$141,491
Feb 20241,7123,90976.091.78$137,238
Jan 20241,3573,05373.023.30$109,156
Dec 20231,3492,92171.262.61$103,756
Nov 20231,8951,96377.892.81$153,113
Oct 20231,371085.443.09$117,138
Sep 20231,368089.042.74$121,807
Aug 20232,408080.522.67$193,892
Jul 20232,21644774.852.64$167,048
Jun 20232,56548568.962.26$177,978
May 20232,25342570.622.23$160,054
Apr 20232,91752478.122.24$229,049
Mar 20233,28065072.852.39$240,504
Feb 20231,03321875.112.47$78,126
Jan 20232,89243376.533.39$222,792
Dec 20223,09549776.415.73$239,336
Nov 20223,61042385.005.65$309,238
Oct 20224,74948787.185.86$416,873
Sep 20223,45668284.888.16$298,913
Aug 20224,93271094.529.13$472,653
Jul 20224,932794101.587.54$506,981
Jun 20225,613739115.097.98$651,895
May 20226,341736109.378.43$699,722
Apr 20226,293938104.226.84$662,270
Mar 20224,9072,125108.885.08$545,062
Feb 20220091.054.86$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                  486 bbl  × $106.41 =    $51,715
Casinghead gas       747 Mcf  × $  3.05 =     $2,275

────────────────────────────────────────────────────
Month total                                  $53,991

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. 8A/O/71240 is the state's own key, not one this site invented.