COVERT, F. M.

Operated by EL TORO RESOURCES LLC (P-5 250718) in the PENA CREEK (GEORGETOWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 200654District 01Field 70411210Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.5 M
Feb 2004 – May 2026
Value, last 12 filed months
$56 k
at the published price for each month
Months reported
268
no gaps in the span
Streams
2
condensate, 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 83 leases and 91 wells, and the rule below applies to all of them.

Discovered
2003-10-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2023-12-13.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: FIELD RULES MADE PERMANENT EFFECTIVE 06/16/2020 PURSUANT TO

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
High Cost Gas112006-07-31169342
NGPA1none

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
CondensateDisposition20,432 bbl$1,428,148
GasProduction558,750 Mcf$3,093,371
Total$4,521,519

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 28.5874, -100.0254. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.58740, -100.02539 · 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
5,875 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 5,875 ft.

Completions filed
Feb 2004
1 of 1 wells

1 well

42-127332321690H5,875 ftFeb 2004

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 (268)

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

268 months

May 20260871106.413.05$2,653
Apr 2026086198.932.87$2,471
Mar 2026088489.753.15$2,784
Feb 202616575063.503.75$13,290
Jan 2026075859.138.00$6,062
Dec 2025078656.664.41$3,469
Nov 2025066758.593.93$2,619
Oct 2025079859.383.30$2,637
Sep 2025071362.743.08$2,194
Aug 202516580163.933.01$12,963
Jul 2025065366.743.32$2,165
Jun 2025081566.483.13$2,550
May 2025094660.553.23$3,058
Apr 202516597762.363.54$13,751
Mar 202501,22667.704.27$5,233
Feb 2025050070.884.34$2,170
Jan 2025079474.324.28$3,397
Dec 202401,03368.993.12$3,224
Nov 2024076369.052.20$1,677
Oct 2024090171.372.28$2,056
Sep 2024089669.612.36$2,118
Aug 2024093075.632.06$1,919
Jul 2024095279.932.15$2,044
Jun 202416596178.082.63$15,414
May 202401,00178.812.20$2,201
Apr 2024097784.451.66$1,621
Mar 202401,02680.301.55$1,585
Feb 202401,01176.091.78$1,803
Jan 202401,05773.023.30$3,486
Dec 20231651,04271.262.61$14,478
Nov 202301,00377.892.81$2,816
Oct 202301,12785.443.09$3,479
Sep 2023089589.042.74$2,448
Aug 2023051680.522.67$1,379
Jul 202316769574.852.64$14,336
Jun 2023072868.962.26$1,644
May 2023071770.622.23$1,597
Apr 2023073078.122.24$1,634
Mar 202301,03572.852.39$2,477
Feb 202316572775.112.47$14,186
Jan 2023088176.533.39$2,985
Dec 2022068976.415.73$3,947
Nov 2022038485.005.65$2,168
Oct 2022055487.185.86$3,249
Sep 202201,21884.888.16$9,943
Aug 202201,12594.529.13$10,268
Jul 20220658101.587.54$4,963
Jun 2022165757115.097.98$25,029
May 20220792109.378.43$6,679
Apr 20220654104.226.84$4,472
Mar 20220855108.885.08$4,340
Feb 2022087391.054.86$4,242
Jan 2022095281.844.54$4,320
Dec 2021090871.323.90$3,540
Nov 2021089877.435.24$4,703
Oct 2021065179.795.71$3,720
Sep 202116163669.865.35$14,651
Aug 2021097566.024.22$4,115
Jul 2021091970.783.98$3,660
Jun 2021084369.493.38$2,850
May 2021065663.483.02$1,980
Apr 2021074660.362.76$2,058
Mar 202116387061.302.72$12,356
Feb 2021062557.805.55$3,467
Jan 2021077550.412.81$2,178
Dec 2020073944.642.68$1,977
Nov 2020097738.772.71$2,644
Oct 202015991436.972.48$8,144
Sep 202001,03837.091.99$2,067
Aug 2020090339.982.39$2,154
Jul 2020059038.371.83$1,077
Jun 2020060134.901.69$1,016
May 202016261716.921.81$3,861
Apr 2020067014.751.80$1,209
Mar 2020067130.341.86$1,246
Feb 2020055849.881.98$1,105
Jan 2020054457.252.09$1,140
Dec 201918059759.012.30$11,998
Nov 2019072855.302.75$2,003
Oct 2019096353.472.42$2,329
Sep 2019094055.052.66$2,498
Aug 201917797553.112.30$11,647
Jul 201901,66656.272.46$4,098
Jun 2019049552.782.49$1,233
May 2019093658.482.74$2,565
Apr 201917884962.632.75$13,483
Mar 201901,04756.803.06$3,206
Feb 2019098050.852.79$2,736
Jan 20191801,02746.033.23$11,601
Dec 2018098046.594.19$4,102
Nov 2018053952.934.24$2,284
Oct 201817660361.443.40$12,862
Sep 2018045759.543.11$1,420
Aug 2018063559.403.07$1,947
Jul 2018048865.142.93$1,431
Jun 2018053460.183.08$1,643
May 2018064965.382.90$1,883
Apr 2018075163.842.90$2,179
Mar 2018062461.222.79$1,739
Feb 201824354861.782.77$16,528
Jan 201817362662.874.01$13,386
Dec 2017062657.272.92$1,829
Nov 2017085355.423.12$2,660
Oct 2017096149.292.98$2,867
Sep 2017074747.523.09$2,306
Aug 2017099645.373.00$2,992
Jul 2017098943.873.09$3,053
Jun 201753399542.493.09$25,719
May 2017053745.373.26$1,752
Apr 2017071347.933.21$2,290
Mar 2017075946.772.98$2,265
Feb 2017098750.452.95$2,914
Jan 2017044149.413.42$1,508
Dec 2016084648.763.72$3,150
Nov 2016076742.492.64$2,028
Oct 2016056246.193.09$1,737
Sep 2016062241.553.10$1,929
Aug 2016059941.442.92$1,752
Jul 2016049341.622.92$1,442
Jun 201631936445.352.69$15,444
May 2016050442.521.99$1,003
Apr 201601,22136.561.99$2,431
Mar 2016072633.011.79$1,302
Feb 2016061526.472.06$1,269
Jan 201628859627.352.36$9,286
Dec 201518448032.362.00$6,915
Nov 2015066238.792.17$1,435
Oct 201501,58043.552.43$3,834
Sep 201501,10342.992.76$3,043
Aug 20151721,35940.162.87$10,811
Jul 201501,58348.152.95$4,662
Jun 20151911,40056.152.88$14,761
May 201501,17855.212.96$3,482
Apr 201501,41049.822.71$3,816
Mar 20151631,61842.892.93$11,739
Feb 2015321,28044.662.98$5,239
Jan 201501,33143.433.10$4,127
Dec 20141741,51754.693.59$14,964
Nov 201401,52070.464.25$6,463
Oct 201401,73078.303.90$6,749
Sep 201401,67886.164.05$6,788
Aug 20142611,72889.394.04$30,303
Jul 201401,68596.564.18$7,043
Jun 20141851,45598.164.74$25,052
May 201441,88994.734.73$9,307
Apr 20141651,91895.944.81$25,054
Mar 201402,66995.895.06$13,497
Feb 201453,63397.406.19$22,983
Jan 20141712,11090.404.86$25,715
Dec 20131872,31691.824.35$27,255
Nov 201312,02688.853.74$7,663
Oct 201311,22197.423.78$4,712
Sep 20131842,096104.113.72$26,949
Aug 201312,167104.253.52$7,738
Jul 20131792,139102.523.72$26,303
Jun 20131682,13094.403.93$24,237
May 20131841,87294.834.15$25,216
Apr 201331,82793.964.28$8,106
Mar 20131721,83093.623.91$23,263
Feb 201311,72691.233.42$5,994
Jan 20131861,55491.603.42$22,352
Dec 201211,85186.773.42$6,417
Nov 20121671,81986.953.62$21,114
Oct 20121641,80189.383.40$20,781
Sep 201221,89194.672.92$5,708
Aug 201222,02692.662.91$6,077
Jul 20121872,17385.133.02$22,484
Jun 201222,16079.822.52$5,601
May 20121652,10291.612.49$20,346
Apr 201222,042101.652.00$4,281
Mar 20121692,014105.052.22$22,229
Feb 2012152,201101.102.57$7,174
Jan 20121702,00998.092.73$22,168
Dec 201102,53996.873.24$8,226
Nov 20111742,14995.723.31$23,771
Oct 201101,47384.983.65$5,374
Sep 20111652,05483.623.99$21,984
Aug 201101,85183.404.15$7,680
Jul 20111752,14794.144.52$26,173
Jun 2011122,13892.904.64$11,035
May 201102,33698.134.40$10,290
Apr 20111682,223105.964.33$27,434
Mar 201102,43796.364.06$9,888
Feb 20111732,30885.644.18$24,463
Jan 20113452,27886.504.59$40,296
Dec 2010221,56285.734.35$8,677
Nov 201002,32680.843.80$8,828
Oct 201002,36778.103.51$8,306
Sep 20101742,32272.633.98$21,878
Aug 201002,18673.684.42$9,661
Jul 20103342,28572.554.74$35,055
Jun 201001,95570.364.91$9,600
May 201002,28071.124.24$9,656
Apr 201002,37181.694.12$9,775
Mar 20103632,47278.394.39$39,304
Feb 201002,37173.585.44$12,904
Jan 20101632,34574.365.96$26,106
Dec 200902,54071.445.48$13,929
Nov 200902,28174.593.75$8,557
Oct 20093372,56072.544.11$34,968
Sep 20091652,46665.543.06$18,372
Aug 200902,44567.423.22$7,869
Jul 200902,91561.133.46$10,099
Jun 20091652,79066.163.90$21,783
May 20093252,64554.743.93$28,174
Apr 200902,65346.773.59$9,518
Mar 20091662,42742.144.06$16,846
Feb 200902,20732.814.63$10,225
Jan 20091662,91435.865.37$21,604
Dec 20081633,06837.105.98$24,385
Nov 200803,05055.496.86$20,924
Oct 20081613,33075.246.92$35,164
Sep 200802,094101.767.88$16,495
Aug 20081632,693114.228.48$41,463
Jul 20081622,838131.0811.39$53,558
Jun 20081672,745131.3313.03$57,707
May 20081672,839123.1711.57$53,429
Apr 200802,816110.3110.45$29,441
Mar 20083362,676101.909.66$60,099
Feb 200802,70692.538.77$23,733
Jan 20083192,75590.388.21$51,438
Dec 20071622,73088.337.30$34,244
Nov 20071682,66191.677.29$34,804
Oct 20071662,71382.856.92$32,532
Sep 20071662,87275.846.24$30,523
Aug 20071642,82669.066.39$29,378
Jul 20073273,22270.906.39$43,766
Jun 200702,62362.007.55$19,800
May 20071693,35358.747.85$36,236
Apr 200703,27459.617.81$25,554
Mar 20073393,49056.927.30$44,780
Feb 20071682,63455.108.22$30,898
Jan 200702,54050.306.73$17,086
Dec 20061703,19856.656.92$31,756
Nov 20061683,06354.207.62$32,438
Oct 20061732,94054.906.01$27,178
Sep 20063403,03860.085.04$35,730
Aug 20061693,35768.717.34$36,252
Jul 20061723,46869.376.34$33,928
Jun 20061733,52266.286.38$33,950
May 20065043,95166.016.42$58,654
Apr 20061713,43264.397.36$36,272
Mar 20061593,14056.707.08$31,256
Feb 20063382,74457.597.75$40,734
Jan 20061673,76060.598.93$43,708
Dec 20051653,93954.9413.42$61,908
Nov 20051674,60754.6910.59$57,914
Oct 20053535,19858.3413.80$92,304
Sep 200503,54361.4512.08$42,796
Aug 20053464,63061.519.80$66,642
Jul 20051704,16755.697.84$42,152
Jun 20051674,18952.337.38$39,658
May 20051663,66845.226.65$31,903
Apr 200517811,77549.207.36$95,427
Mar 20051924,69050.377.15$43,227
Feb 200506,81845.226.31$43,035
Jan 200508,17643.166.32$51,690
Dec 200407,27439.866.75$49,107
Nov 200428,23145.286.33$52,196
Oct 200418,37549.706.52$54,614
Sep 20041377,14043.245.28$43,651
Aug 200409,02742.375.55$50,106
Jul 200407,84138.286.08$47,706
Jun 2004317,51636.106.43$112,789
May 200418816,27137.486.49$112,720
Apr 2004014,51834.475.86$85,053
Mar 2004011,11234.365.53$61,451
Feb 200409,36232.455.51$51,581

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
Condensate             0 bbl  × $106.41 =         $0
Gas                  871 Mcf  × $  3.05 =     $2,653

────────────────────────────────────────────────────
Month total                                   $2,653

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. 01/G/200654 is the state's own key, not one this site invented.