RHODES TRUST

Operated by P1 ENERGY, LLC (P-5 631633) in the KAWITT (EDWARDS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 168731District 02Field 48324333Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
Mar 1998 – May 2026
Value, last 12 filed months
$200
at the published price for each month
Months reported
339
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 26 leases and 26 wells, and the rule below applies to all of them.

Discovered
1960-07-14
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-01-28.

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: FOR PURPOSES OF SWR-37, THERE SHALL BE NO REQUIREMENT FOR BETWEEN

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 Gas111998-09-14139343
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
CondensateDisposition4,847 bbl$132,210
GasProduction1,272,953 Mcf$5,331,969
Total$5,464,179

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 28.8643, -97.7264. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.86434, -97.72644 · 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
13,750 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 13,750 ft.

Completions filed
Mar 1998
1 of 1 wells

1 well

42-25531382113,750 ftMar 1998

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 (339)

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

339 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 20253066.743.32$200
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 20180261.222.79$6
Feb 201854061.782.77$3,336
Jan 201801,09562.874.01$4,390
Dec 20171883,08757.272.92$19,785
Nov 201703,53255.423.12$11,014
Oct 201703,80649.292.98$11,356
Sep 201703,57147.523.09$11,025
Aug 201702,88145.373.00$8,656
Jul 201703,99743.873.09$12,340
Jun 201703,64542.493.09$11,253
May 201703,86945.373.26$12,626
Apr 20171783,94547.933.21$21,201
Mar 201704,14246.772.98$12,358
Feb 201702,28150.452.95$6,735
Jan 201702,59049.413.42$8,855
Dec 201603,12848.763.72$11,645
Nov 201603,72742.492.64$9,855
Oct 201604,01846.193.09$12,417
Sep 20161772,62741.553.10$15,500
Aug 2016049941.442.92$1,459
Jul 2016016341.622.92$477
Jun 201601,74145.352.69$4,676
May 201603,92742.521.99$7,819
Apr 201603,68636.561.99$7,339
Mar 20161765,08733.011.79$14,936
Feb 201603,28526.472.06$6,779
Jan 201604,75027.352.36$11,231
Dec 201505,26432.362.00$10,535
Nov 201505,53938.792.17$12,005
Oct 201505,28243.552.43$12,817
Sep 201505,74842.992.76$15,855
Aug 201503,01240.162.87$8,652
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 201318017691.824.35$17,294
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 2013057102.523.72$212
Jun 201302,17394.403.93$8,547
May 201302,98194.834.15$12,368
Apr 201303,82393.964.28$16,372
Mar 2013093393.623.91$3,651
Feb 201302,49391.233.42$8,526
Jan 201303,57291.603.42$12,216
Dec 201204,47386.773.42$15,298
Nov 201202,94786.953.62$10,683
Oct 201204,83689.383.40$16,441
Sep 201206,14594.672.92$17,934
Aug 201205,93892.662.91$17,269
Jul 201204,63985.133.02$14,013
Jun 201202,13979.822.52$5,388
May 201204,50691.612.49$11,212
Apr 201205,999101.652.00$11,979
Mar 201205,028105.052.22$11,173
Feb 201205,446101.102.57$13,998
Jan 201203,86498.092.73$10,564
Dec 201103,74196.873.24$12,120
Nov 201105,24795.723.31$17,374
Oct 201106,45784.983.65$23,559
Sep 201105,90683.623.99$23,540
Aug 201104,86483.404.15$20,182
Jul 201103,60294.144.52$16,271
Jun 201103,14192.904.64$14,574
May 201102,69698.134.40$11,875
Apr 201102,647105.964.33$11,470
Mar 201105,12796.364.06$20,802
Feb 201104,29685.644.18$17,957
Jan 201104,60786.504.59$21,141
Dec 201005,00985.734.35$21,778
Nov 201003,86480.843.80$14,665
Oct 201005,00478.103.51$17,558
Sep 201005,23872.633.98$20,844
Aug 201004,59073.684.42$20,285
Jul 201004,22172.554.74$19,993
Jun 201005,14170.364.91$25,244
May 201004,08471.124.24$17,297
Apr 201004,98681.694.12$20,556
Mar 201005,64978.394.39$24,792
Feb 201004,81473.585.44$26,200
Jan 201002,13674.365.96$12,739
Dec 200903,80571.445.48$20,866
Nov 200904,80774.593.75$18,033
Oct 200905,95472.544.11$24,472
Sep 2009095965.543.06$2,939
Aug 2009092767.423.22$2,984
Jul 200902,87661.133.46$9,964
Jun 200904,54966.163.90$17,718
May 200905,09154.743.93$19,986
Apr 200904,95546.773.59$17,776
Mar 200905,08142.144.06$20,624
Feb 200904,89032.814.63$22,655
Jan 200903,62235.865.37$19,454
Dec 200804,72237.105.98$28,224
Nov 200805,23955.496.86$35,941
Oct 200805,57475.246.92$38,583
Sep 200802,929101.767.88$23,072
Aug 200800114.228.48$0
Jul 20080702131.0811.39$7,995
Jun 200803,641131.3313.03$47,452
May 200804,621123.1711.57$53,485
Apr 200805,084110.3110.45$53,153
Mar 200804,314101.909.66$41,691
Feb 200804,39892.538.77$38,573
Jan 200804,43890.388.21$36,417
Dec 200705,17188.337.30$37,758
Nov 200701,86891.677.29$13,621
Oct 200703,07282.856.92$21,264
Sep 200704,43475.846.24$27,687
Aug 200704,56869.066.39$29,180
Jul 200704,08970.906.39$26,120
Jun 200701,55562.007.55$11,738
May 200701,32358.747.85$10,381
Apr 200701,78059.617.81$13,893
Mar 2007097456.927.30$7,112
Feb 200702,28855.108.22$18,798
Jan 200703,84750.306.73$25,878
Dec 200604,26556.656.92$29,507
Nov 200604,35154.207.62$33,144
Oct 200604,47254.906.01$26,894
Sep 200604,47360.085.04$22,531
Aug 200604,66568.717.34$34,241
Jul 200605,75169.376.34$36,477
Jun 200605,53666.286.38$35,341
May 200606,27866.016.42$40,336
Apr 200603,71664.397.36$27,352
Mar 200602,72456.707.08$19,294
Feb 200604,32957.597.75$33,555
Jan 200605,60560.598.93$50,071
Dec 200505,34554.9413.42$71,705
Nov 200502,74754.6910.59$29,086
Oct 200505,62458.3413.80$77,587
Sep 200505,02861.4512.08$60,733
Aug 200504,91861.519.80$48,181
Jul 200505,02755.697.84$39,430
Jun 200506,41552.337.38$47,349
May 200505,51345.226.65$36,668
Apr 200505,13549.207.36$37,796
Mar 200502,40550.377.15$17,207
Feb 200504,94245.226.31$31,194
Jan 200507,17043.166.32$45,330
Dec 200405,12739.866.75$34,613
Nov 200405,36445.286.33$33,956
Oct 200403,80649.706.52$24,796
Sep 200409,14443.245.28$48,316
Aug 200401,43942.375.55$7,987
Jul 200401,14638.286.08$6,972
Jun 200401,33036.106.43$8,556
May 200401,28837.486.49$8,365
Apr 2004011434.475.86$668
Mar 200405634.365.53$310
Feb 20040032.455.51$0
Jan 200413665332.036.30$8,470
Dec 200307,64530.266.30$48,176
Nov 200306,97328.804.60$32,042
Oct 20031798,18028.174.76$43,976
Sep 200307,48526.314.75$35,549
Aug 200307,17029.765.13$36,780
Jul 200307,70029.415.17$39,815
Jun 200307,71428.565.98$46,153
May 200307,30326.595.97$43,618
Apr 200307,48326.675.41$40,463
Mar 20031817,97131.146.10$54,228
Feb 200307,81533.487.93$61,941
Jan 200305,14530.315.58$28,720
Dec 200207,60026.914.85$36,889
Nov 200207,28524.664.14$30,138
Oct 20021908,21926.464.23$39,787
Sep 200208,12027.443.64$29,518
Aug 200208,12525.963.16$25,709
Jul 200209,41424.583.06$28,823
Jun 200208,37923.733.34$27,971
May 200209,51624.663.58$34,105
Apr 200206,89623.653.51$24,221
Mar 20021767,91122.003.10$28,418
Feb 200206,21218.222.38$14,758
Jan 200208,05117.172.38$19,127
Dec 200109,25416.932.36$21,880
Nov 200109,00318.072.41$21,657
Oct 20011818,82019.782.53$25,885
Sep 200105,59224.262.25$12,589
Aug 20011045,79824.873.05$20,289
Jul 200106,81423.933.20$21,785
Jun 200106,58824.563.82$25,194
May 200107,53925.524.31$32,473
Apr 20011645,87124.685.34$35,371
Mar 200108,04924.545.38$43,275
Feb 200106,39027.755.77$36,852
Jan 20011838,29227.478.40$74,670
Dec 200007,25826.889.12$66,211
Nov 200009,39432.215.66$53,151
Oct 200008,42831.235.15$43,366
Sep 200008,20731.875.19$42,566
Aug 200017111,07629.644.54$55,362
Jul 2000010,03228.534.09$41,028
Jun 200007,31229.304.40$32,153
May 200017711,49827.263.68$47,135
Apr 20001789,72324.513.12$34,660
Mar 2000011,12628.422.86$31,818
Feb 2000012,28127.622.73$33,484
Jan 200009,52325.272.48$23,622
Dec 1999013,68324.282.42$33,164
Nov 1999013,14923.192.43$32,005
Oct 1999015,82920.982.80$44,380
Sep 19991829,91621.752.62$29,927
Aug 19996212,06919.262.88$35,900
Jul 1999012,41817.892.37$29,460
Jun 199918013,08515.942.36$33,777
May 1999016,20415.792.32$37,610
Apr 199908,48415.102.21$18,733
Mar 19993706,50912.471.84$16,580
Feb 199909,2299.981.82$16,776
Jan 1999014,51410.381.90$27,576
Dec 1998017,8749.201.77$31,696
Nov 199879,17410.892.19$20,128
Oct 199804,43612.421.97$8,735
Sep 19981809,84312.592.08$22,765
Aug 1998018,70911.301.91$35,685
Jul 199816518,70811.742.24$43,792
Jun 1998021,71211.242.24$48,576
May 199817326,85012.622.21$61,423
Apr 199836435,40713.042.51$93,453
Mar 199818819,76212.802.31$48,046

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.

Jul 2025 — as filed, then multipliedworked
Condensate             3 bbl  × $ 66.74 =       $200
Gas                    0 Mcf  × $  3.32 =         $0

────────────────────────────────────────────────────
Month total                                     $200

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. 02/G/168731 is the state's own key, not one this site invented.