KNIGHT RANCH

Operated by WELDERXP LTD. (P-5 907320) in the CANNAN, SOUTH (10100 WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 221776District 02Field 153538002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
Aug 2006 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
238
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1980-04-02
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/2007.

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 Gas112008-10-23186150
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
CondensateDisposition24,356 bbl$1,651,860
GasProduction823,341 Mcf$5,400,580
Total$7,052,440

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 28.5496, -97.9616. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.54957, -97.96156 · 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
10,500 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 10,500 ft.

Completions filed
Aug 2006
1 of 1 wells

1 well

42-02533414110,500 ftAug 2006

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 (238)

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

238 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026156089.753.15$14,001
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 2025011658.593.93$455
Oct 202506059.383.30$198
Sep 202506262.743.08$191
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025176060.553.23$10,657
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 2024177069.612.36$12,321
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 2024164080.301.55$13,169
Feb 2024071976.091.78$1,282
Jan 2024063873.023.30$2,104
Dec 2023057971.262.61$1,512
Nov 202317759277.892.81$15,449
Oct 2023063285.443.09$1,951
Sep 2023070789.042.74$1,934
Aug 202317762180.522.67$15,912
Jul 2023041474.852.64$1,094
Jun 2023057568.962.26$1,299
May 202314771970.622.23$11,983
Apr 202313354878.122.24$11,616
Mar 2023030972.852.39$739
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 202206,35994.529.13$58,040
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202201,195104.226.84$8,171
Mar 20220960108.885.08$4,873
Feb 2022052091.054.86$2,527
Jan 202201,03981.844.54$4,715
Dec 202105071.323.90$195
Nov 202102577.435.24$131
Oct 202104479.795.71$251
Sep 202157669.865.35$756
Aug 202105066.024.22$211
Jul 2021013270.783.98$526
Jun 20210069.493.38$0
May 2021077163.483.02$2,327
Apr 20210060.362.76$0
Mar 2021011061.302.72$299
Feb 20210057.805.55$0
Jan 202107250.412.81$202
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 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 201520049.822.71$996
Mar 201507742.892.93$226
Feb 201523644944.662.98$11,876
Jan 2015068343.433.10$2,118
Dec 2014062354.693.59$2,237
Nov 20143022070.464.25$3,049
Oct 2014047078.303.90$1,833
Sep 20143062786.164.05$5,121
Aug 2014068389.394.04$2,756
Jul 20142878296.564.18$5,972
Jun 20142939298.164.74$4,704
May 201413691694.734.73$17,213
Apr 201418952295.944.81$20,643
Mar 20143277795.895.06$6,998
Feb 2014090897.406.19$5,622
Jan 2014301,12990.404.86$8,200
Dec 2013093191.824.35$4,054
Nov 2013301,44588.853.74$8,067
Oct 2013301,19597.423.78$7,439
Sep 201331788104.113.72$6,157
Aug 201386843104.253.52$11,935
Jul 2013121985102.523.72$16,067
Jun 2013311,44694.403.93$8,614
May 201301,13194.834.15$4,693
Apr 2013311,24493.964.28$8,240
Mar 2013301,90793.623.91$10,270
Feb 20131421,93391.233.42$19,565
Jan 201302,16991.603.42$7,418
Dec 2012281,30886.773.42$6,903
Nov 2012311,47286.953.62$8,031
Oct 2012311,55189.383.40$8,044
Sep 2012301,37194.672.92$6,841
Aug 2012301,52592.662.91$7,215
Jul 20121721,71985.133.02$19,835
Jun 2012311,28879.822.52$5,719
May 2012321,14991.612.49$5,791
Apr 2012311,393101.652.00$5,933
Mar 201201,564105.052.22$3,475
Feb 201201,809101.102.57$4,650
Jan 2012372,13798.092.73$9,472
Dec 2011361,92396.873.24$9,717
Nov 2011352,48895.723.31$11,589
Oct 2011131,96584.983.65$8,274
Sep 20111562,15283.623.99$21,622
Aug 2011132,39283.404.15$11,009
Jul 2011152,27494.144.52$11,684
Jun 2011132,46092.904.64$12,622
May 20111582,25898.134.40$25,451
Apr 2011272,296105.964.33$12,810
Mar 2011152,53596.364.06$11,731
Feb 2011162,62485.644.18$12,339
Jan 20112002,96486.504.59$30,901
Dec 2010173,01385.734.35$14,557
Nov 2010153,33280.843.80$13,859
Oct 20102032,85778.103.51$25,879
Sep 2010142,59672.633.98$11,348
Aug 2010303,24173.684.42$16,534
Jul 2010133,42372.554.74$17,156
Jun 20102032,71870.364.91$27,630
May 2010193,72771.124.24$17,136
Apr 20101932,72881.694.12$27,013
Mar 2010174,21978.394.39$19,848
Feb 2010173,67473.585.44$21,246
Jan 20101754,00574.365.96$36,899
Dec 200914,88171.445.48$26,838
Nov 2009604,03474.593.75$19,609
Oct 2009604,05072.544.11$20,999
Sep 2009694,13665.543.06$17,198
Aug 2009524,01467.423.22$16,425
Jul 20091465,61961.133.46$28,392
Jun 2009565,60966.163.90$25,552
May 20091016,28854.743.93$30,214
Apr 2009645,75346.773.59$23,632
Mar 20091986,73742.144.06$35,689
Feb 2009655,84532.814.63$29,213
Jan 2009996,30735.865.37$37,425
Dec 2008857,34537.105.98$47,056
Nov 20081998,35755.496.86$68,375
Oct 2008607,57175.246.92$56,921
Sep 20082778,818101.767.88$97,648
Aug 20081819,719114.228.48$103,120
Jul 20081817,529131.0811.39$109,477
Jun 20081807,646131.3313.03$123,287
May 20081827,431123.1711.57$108,425
Apr 20083926,605110.3110.45$112,296
Mar 200806,386101.909.66$61,715
Feb 20081816,77292.538.77$76,142
Jan 20083617,75890.388.21$96,287
Dec 200718411,34188.337.30$99,064
Nov 200754116,37691.677.29$169,002
Oct 200736015,93182.856.92$140,100
Sep 200754416,37875.846.24$143,524
Aug 200772120,79069.066.39$182,598
Jul 200772323,64170.906.39$202,278
Jun 200771924,94162.007.55$232,844
May 200789130,23858.747.85$289,593
Apr 200790729,93159.617.81$287,684
Mar 20071,27234,30956.927.30$322,926
Feb 20071,08635,97955.108.22$355,442
Jan 20071,46748,83950.306.73$402,323
Dec 20061,98559,15256.656.92$521,690
Nov 20062,34079,00654.207.62$728,655
Oct 20061,80555,67854.906.01$433,931
Sep 200689134,32860.085.04$226,448
Aug 200601,15468.717.34$8,470

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.

Mar 2026 — as filed, then multipliedworked
Condensate           156 bbl  × $ 89.75 =    $14,001
Gas                    0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $14,001

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/221776 is the state's own key, not one this site invented.