PGE MAGUEY F UNIT LAS

Operated by INEOS USA OIL & GAS LLC (P-5 424176) in the EAGLEVILLE (EAGLE FORD-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 278154District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
Jul 2015 – May 2026
Value, last 12 filed months
$135 k
at the published price for each month
Months reported
131
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 5,086 leases and 10,995 wells, and the rule below applies to all of them.

Discovered
2009-08-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2017-02-28.

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: BASED ON 3000 TO 1 GAS OIL RATIO

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 Gas112016-04-14217951
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
CondensateDisposition21,910 bbl$1,018,056
GasProduction1,506,276 Mcf$4,438,372
Total$5,456,428

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 28.2391, -99.3091. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.23912, -99.30910 · 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
9,765 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 9,765 ft.

Completions filed
Jul 2015
1 of 1 wells

1 well

42-28335298F 1H9,765 ftJul 2015

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 (131)

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

131 months

May 202604,177106.413.05$12,722
Apr 202604,75498.932.87$13,643
Mar 202602,20289.753.15$6,935
Feb 202603,05263.503.75$11,446
Jan 202604,03059.138.00$32,232
Dec 202502,77356.664.41$12,238
Nov 2025077658.593.93$3,047
Oct 202502,65159.383.30$8,761
Sep 202504,11062.743.08$12,646
Aug 202505,27763.933.01$15,909
Jul 2025030466.743.32$1,008
Jun 202501,38666.483.13$4,336
May 202508,44960.553.23$27,310
Apr 2025096362.363.54$3,412
Mar 202505,61267.704.27$23,954
Feb 2025074670.884.34$3,238
Jan 20252331,92274.324.28$25,540
Dec 202403,84968.993.12$12,014
Nov 2024055169.052.20$1,211
Oct 202409,02771.372.28$20,594
Sep 202401,54169.612.36$3,643
Aug 202406,48075.632.06$13,372
Jul 2024010,27079.932.15$22,045
Jun 202409,51278.082.63$25,054
May 2024013078.812.20$286
Apr 2024053984.451.66$894
Mar 202402880.301.55$43
Feb 202401,18076.091.78$2,105
Jan 202403,59173.023.30$11,842
Dec 202303,55771.262.61$9,286
Nov 202308,79477.892.81$24,690
Oct 202301,86285.443.09$5,749
Sep 202311434489.042.74$11,091
Aug 202301880.522.67$48
Jul 202307,03174.852.64$18,575
Jun 202303,72168.962.26$8,404
May 20231017,40070.622.23$23,615
Apr 20231074,30078.122.24$17,981
Mar 202312210,33272.852.39$33,614
Feb 202309,15775.112.47$22,578
Jan 202302,05376.533.39$6,955
Dec 202204,90876.415.73$28,118
Nov 202201,18685.005.65$6,696
Oct 202202,09987.185.86$12,308
Sep 202203,41684.888.16$27,887
Aug 202207,96294.529.13$72,670
Jul 202207,008101.587.54$52,855
Jun 2022736,622115.097.98$61,227
May 202207,094109.378.43$59,824
Apr 20222746,684104.226.84$74,259
Mar 202217,805108.885.08$39,730
Feb 202205,01791.054.86$24,377
Jan 202206,90681.844.54$31,337
Dec 202108,95871.323.90$34,928
Nov 2021721,15877.435.24$11,639
Oct 2021907,06779.795.71$47,561
Sep 2021837,35069.865.35$45,128
Aug 202117,52866.024.22$31,839
Jul 2021828,01770.783.98$37,728
Jun 202108,81669.493.38$29,804
May 2021737,73163.483.02$27,964
Apr 2021674,06260.362.76$15,249
Mar 2021697,67861.302.72$25,090
Feb 2021627,12857.805.55$43,129
Jan 2021737,75650.412.81$25,476
Dec 2020799,33344.642.68$28,497
Nov 2020918,53338.772.71$26,623
Oct 202008,16836.972.48$20,244
Sep 2020717,79137.091.99$18,146
Aug 202007,94239.982.39$18,942
Jul 2020587,91638.371.83$16,673
Jun 2020528,29434.901.69$15,834
May 202007,85116.921.81$14,248
Apr 20201318,31114.751.80$16,928
Mar 2020577,31830.341.86$15,313
Feb 2020618,50449.881.98$19,886
Jan 20201336,67657.252.09$21,599
Dec 20191537,98159.012.30$27,420
Nov 20191507,61055.302.75$29,228
Oct 20199011,07253.472.42$31,590
Sep 20196913,74855.052.66$40,331
Aug 20191911,99653.112.30$14,744
Jul 20191189,34656.272.46$29,632
Jun 2019639,26052.782.49$26,394
May 20191389,78858.482.74$34,892
Apr 2019759,15762.632.75$29,885
Mar 201915610,23456.803.06$40,198
Feb 201915711,30650.852.79$39,552
Jan 201924812,68746.033.23$52,371
Dec 201815312,95246.594.19$61,338
Nov 20188510,02052.934.24$46,956
Oct 201814812,73861.443.40$52,378
Sep 201814412,75659.543.11$48,219
Aug 201822213,74559.403.07$55,337
Jul 20186714,97265.142.93$48,260
Jun 201816613,53760.183.08$51,642
May 201814814,17965.382.90$50,807
Apr 201824014,58763.842.90$57,636
Mar 201814216,09261.222.79$53,539
Feb 201821214,14561.782.77$52,224
Jan 201828916,65062.874.01$84,925
Dec 201720115,47957.272.92$56,733
Nov 201723915,44955.423.12$61,421
Oct 201727017,44249.292.98$65,350
Sep 201721417,20547.523.09$63,286
Aug 201721416,42245.373.00$59,047
Jul 201730416,49443.873.09$64,258
Jun 201732316,60042.493.09$64,973
May 201721518,12745.373.26$68,910
Apr 201719517,94447.933.21$66,975
Mar 201735619,90246.772.98$76,031
Feb 201724618,66450.452.95$67,518
Jan 201734322,49349.413.42$93,847
Dec 201634623,70948.763.72$105,136
Nov 201632924,48742.492.64$78,731
Oct 201626731,68946.193.09$110,260
Sep 201630028,09341.553.10$99,571
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201684136,71245.352.69$136,742
May 201641334,24442.521.99$85,742
Apr 201654736,96536.561.99$93,597
Mar 201646640,66933.011.79$88,343
Feb 201683539,51426.472.06$103,645
Jan 201677748,82227.352.36$136,684
Dec 20151,25351,22632.362.00$143,071
Nov 20151,34661,28038.792.17$185,025
Oct 20152,24277,79643.552.43$286,417
Sep 20151,99053,27942.992.76$232,516
Aug 201578314,15240.162.87$72,097
Jul 201515,81648.152.95$17,177

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                4,177 Mcf  × $  3.05 =    $12,722

────────────────────────────────────────────────────
Month total                                  $12,722

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/278154 is the state's own key, not one this site invented.