PGE MAGUEY G 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 278155District 01Field 27135700Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
Jul 2015 – May 2026
Value, last 12 filed months
$220 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 Gas112016-04-14217952
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
CondensateDisposition22,565 bbl$1,005,541
GasProduction1,409,666 Mcf$3,992,911
Total$4,998,452

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 28.2378, -99.3109. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.23784, -99.31085 · 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
9,758 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 9,758 ft.

Completions filed
Jul 2015
1 of 1 wells

1 well

42-28335299F 1H9,758 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 202611,510106.413.05$4,706
Apr 202603,09398.932.87$8,876
Mar 202604,38189.753.15$13,798
Feb 202614,00963.503.75$15,099
Jan 202604,75659.138.00$38,038
Dec 20251265,25356.664.41$30,323
Nov 202506,17158.593.93$24,230
Oct 2025338,10159.383.30$28,732
Sep 2025336,27962.743.08$21,390
Aug 202533,78363.933.01$11,597
Jul 20251413,57566.743.32$21,262
Jun 2025069366.483.13$2,168
May 202514,28160.553.23$13,898
Apr 202504,83762.363.54$17,138
Mar 20251356,31967.704.27$36,111
Feb 202503,60770.884.34$15,657
Jan 2025103,26574.324.28$14,713
Dec 202434,31668.993.12$13,679
Nov 202405,25369.052.20$11,548
Oct 202407,74471.372.28$17,667
Sep 202401,24069.612.36$2,932
Aug 202402,88775.632.06$5,958
Jul 2024010,03079.932.15$21,530
Jun 202409,86478.082.63$25,982
May 20240278.812.20$4
Apr 2024082984.451.66$1,375
Mar 20240480.301.55$6
Feb 202403,09376.091.78$5,517
Jan 2024015,81273.023.30$52,143
Dec 20230071.262.61$0
Nov 20230377.892.81$8
Oct 2023070185.443.09$2,164
Sep 2023021589.042.74$588
Aug 202303380.522.67$88
Jul 202306,77174.852.64$17,888
Jun 2023011,60868.962.26$26,216
May 2023011,60870.622.23$25,856
Apr 202308,52078.122.24$19,066
Mar 20231371,07272.852.39$12,546
Feb 202301,21675.112.47$2,998
Jan 202301,71576.533.39$5,810
Dec 202201076.415.73$57
Nov 20220085.005.65$0
Oct 202206387.185.86$369
Sep 2022011784.888.16$955
Aug 2022051794.529.13$4,719
Jul 20220660101.587.54$4,978
Jun 2022571,152115.097.98$15,750
May 202204,172109.378.43$35,183
Apr 20222541,055104.226.84$33,686
Mar 202217,410108.885.08$37,725
Feb 2022047691.054.86$2,313
Jan 202205,68081.844.54$25,774
Dec 202105,67971.323.90$22,143
Nov 2021745,94777.435.24$36,873
Oct 2021775,71479.795.71$38,793
Sep 2021705,61769.865.35$34,946
Aug 202106,44466.024.22$27,197
Jul 2021787,03570.783.98$33,535
Jun 202108,26869.493.38$27,951
May 2021827,20163.483.02$26,936
Apr 2021954760.362.76$5,864
Mar 2021966,21761.302.72$22,776
Feb 20217947657.805.55$7,207
Jan 2021906,77750.412.81$23,582
Dec 2020786,41344.642.68$20,640
Nov 2020695,71438.772.71$18,140
Oct 202001,44736.972.48$3,586
Sep 2020743,90337.091.99$10,516
Aug 202005,85139.982.39$13,955
Jul 2020845,31538.371.83$12,924
Jun 2020964,56134.901.69$11,060
May 202005,57016.921.81$10,108
Apr 20201004,94014.751.80$10,389
Mar 2020546,03230.341.86$12,835
Feb 2020526,02349.881.98$14,523
Jan 20201109,68557.252.09$26,585
Dec 2019839,22259.012.30$26,149
Nov 201910710,73855.302.75$35,454
Oct 2019628,35853.472.42$23,529
Sep 2019536,37955.052.66$19,868
Aug 2019568,27253.112.30$22,036
Jul 2019958,23756.272.46$25,609
Jun 2019568,18052.782.49$23,334
May 2019928,92958.482.74$29,848
Apr 2019318,75062.632.75$26,010
Mar 2019879,29556.803.06$33,404
Feb 20199210,80050.852.79$34,834
Jan 20191377,82846.033.23$31,576
Dec 201810410,41246.594.19$48,424
Nov 2018528,39252.934.24$38,311
Oct 2018839,91161.443.40$38,778
Sep 20188210,26659.543.11$36,789
Aug 201813710,93759.403.07$41,677
Jul 20185411,13965.142.93$36,176
Jun 20189311,30960.183.08$40,394
May 201811012,73765.382.90$44,139
Apr 201815912,17963.842.90$45,479
Mar 201810911,11561.222.79$37,649
Feb 201815411,63461.782.77$41,695
Jan 201822713,74362.874.01$69,372
Dec 201720014,85957.272.92$54,865
Nov 201715014,43955.423.12$53,339
Oct 201720217,57549.292.98$62,395
Sep 201723019,66647.523.09$71,644
Aug 201726319,39845.373.00$70,212
Jul 201729418,78343.873.09$70,886
Jun 201718914,08042.493.09$51,500
May 201715516,21445.373.26$59,945
Apr 201718717,35347.933.21$64,694
Mar 201737520,20946.772.98$77,836
Feb 201723617,84950.452.95$64,607
Jan 201730118,72749.413.42$78,896
Dec 201642121,09148.763.72$99,046
Nov 201640121,60942.492.64$74,180
Oct 201639227,39246.193.09$102,755
Sep 201624312,67041.553.10$49,382
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201663723,13245.352.69$91,017
May 201639530,18542.521.99$76,895
Apr 201652931,55636.561.99$82,170
Mar 201656435,84633.011.79$82,926
Feb 20161,06236,73926.472.06$103,927
Jan 201689546,28227.352.36$133,906
Dec 20151,03649,36832.362.00$132,331
Nov 20151,26462,77838.792.17$185,091
Oct 20152,21482,43843.552.43$296,462
Sep 20151,75146,39342.992.76$203,247
Aug 20153,26692,07640.162.87$395,650
Jul 2015411,56048.152.95$34,238

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             1 bbl  × $106.41 =       $106
Gas                1,510 Mcf  × $  3.05 =     $4,599

────────────────────────────────────────────────────
Month total                                   $4,706

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/278155 is the state's own key, not one this site invented.