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SPACEK UNIT

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the HELEN GOHLKE (MIDDLE WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 290069District 02Field 40230200CondensateGasSave
Value, all time
$46.6 M
Feb 2020 – May 2026
Value, last 12 filed months
$3.4 M
at the published price for each month
Months reported
76
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition106,580 bbl$7,859,909
GasProduction9,337,459 Mcf$38,783,781
Total$46,643,690

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 29.0826, -96.9830. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.08259, -96.98296 · 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
9,500 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 9,500 ft.

Completions filed
Feb 2020
1 of 1 wells

1 well

42-4693444419,500 ftFeb 2020——

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 (76)

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

76 months

May 202600106.413.05$0
Apr 202671365,30798.932.87$257,950
Mar 202653668,30889.753.15$263,238
Feb 202671360,24663.503.75$271,217
Jan 202690066,33759.138.00$583,775
Dec 202572168,48256.664.41$343,088
Nov 202571569,48958.593.93$314,736
Oct 202569671,14759.383.30$276,458
Sep 202571369,97462.743.08$260,038
Aug 202570773,44263.933.01$266,609
Jul 202588874,19966.743.32$305,250
Jun 202570971,46366.483.13$270,722
May 202569763,34760.553.23$246,961
Apr 202587871,53062.363.54$308,191
Mar 202572173,96167.704.27$364,501
Feb 202587266,21470.884.34$349,232
Jan 202590573,43774.324.28$381,473
Dec 202490174,71368.993.12$295,367
Nov 202452670,49569.052.20$191,299
Oct 202487974,88071.372.28$233,565
Sep 202471273,99869.612.36$224,520
Aug 202488775,72175.632.06$223,344
Jul 202487773,84479.932.15$228,611
Jun 202487974,41278.082.63$264,632
May 202488277,54478.812.20$239,986
Apr 202489476,81384.451.66$202,946
Mar 202489075,99280.301.55$188,885
Feb 202472160,84176.091.78$163,379
Jan 20241,26191,99473.023.30$395,443
Dec 20231,07197,96071.262.61$332,066
Nov 20231,24093,93977.892.81$360,323
Oct 20231,07195,31485.443.09$385,767
Sep 2023875110,51389.042.74$380,167
Aug 20231,598150,88880.522.67$531,976
Jul 20231,406157,86674.852.64$522,290
Jun 20231,730157,13568.962.26$474,187
May 20231,596143,35970.622.23$432,027
Apr 20231,782165,62678.122.24$509,841
Mar 20231,967175,21672.852.39$562,616
Feb 20231,794161,45375.112.47$532,839
Jan 20232,122182,05476.533.39$779,145
Dec 20222,153179,08576.415.73$1,190,503
Nov 20221,625166,13485.005.65$1,076,151
Oct 20221,953190,90487.185.86$1,289,678
Sep 20221,950184,32584.888.16$1,670,286
Aug 20221,949199,95394.529.13$2,009,223
Jul 20221,977207,302101.587.54$1,764,312
Jun 20222,319205,106115.097.98$1,903,065
May 20222,159206,983109.378.43$1,981,626
Apr 20222,157200,537104.226.84$1,595,994
Mar 20222,705211,133108.885.08$1,366,316
Feb 20222,344194,68691.054.86$1,159,369
Jan 20222,564220,35381.844.54$1,209,729
Dec 20212,722226,27271.323.90$1,076,395
Nov 20212,195198,18877.435.24$1,207,840
Oct 20212,546230,77479.795.71$1,521,758
Sep 20212,546224,51769.865.35$1,379,236
Aug 20212,525233,93166.024.22$1,154,027
Jul 20212,709232,75670.783.98$1,118,596
Jun 20211,622147,97669.493.38$612,963
May 20212,913226,24163.483.02$867,638
Apr 20212,711214,47260.362.76$755,240
Mar 20212,878238,37661.302.72$824,075
Feb 20212,751213,89757.805.55$1,345,698
Jan 20212,932229,41150.412.81$792,509
Dec 20202,894234,65944.642.68$757,009
Nov 20203,586219,22338.772.71$732,372
Oct 20202,183142,14336.972.48$432,997
Sep 202036758,66937.091.99$130,424
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

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.

Apr 2026 — as filed, then multipliedworked
Condensate           713 bbl  × $ 98.93 =    $70,537
Gas               65,307 Mcf  × $  2.87 =   $187,413

────────────────────────────────────────────────────
Month total                                 $257,950

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/290069 is the state's own key, not one this site invented.