FLAG POND

Operated by PONDEROSA OIL & GAS, LLC (P-5 670093) in the FLAGPOND (FRIO LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 261670District 03Field 31194400CondensateGasSaveExport
Value, all time
$10.4 M
Dec 2010 – Dec 2025
Value, last 12 filed months
$194 k
at the published price for each month
Months reported
181
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 leases and 5 wells, and the rule below applies to all of them.

Discovered
not filed
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 05/01/2016.

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
CondensateDisposition35,557 bbl$2,937,424
GasProduction2,197,455 Mcf$7,458,487
Total$10,395,911

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 29.1136, -95.7484. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.11362, -95.74838 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,811 ft
1 wells filed one
Completion to plug
6.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,811 ft.

Completions filed
Mar 2019
1 of 1 wells
Plug dates filed
Dec 2025
1 of 1 wells

Last completion to plug: a median of 6.8 years across the 1 well that filed both dates, with the middle half between 6.8 years and 6.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-03933036110,811 ftMar 2019Dec 2025Yes

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 (181)

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

181 months

Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20255076,09459.383.30$50,245
Sep 2025088962.743.08$2,735
Aug 202502,25463.933.01$6,795
Jul 20251805,81166.743.32$31,278
Jun 20250066.483.13$0
May 202503,57460.553.23$11,552
Apr 202506,16962.363.54$21,858
Mar 202506,69467.704.27$28,572
Feb 202504,76270.884.34$20,671
Jan 202504,69974.324.28$20,106
Dec 202405,36568.993.12$16,746
Nov 202403,43969.052.20$7,560
Oct 202403,05371.372.28$6,965
Sep 202402,48169.612.36$5,866
Aug 202402,73475.632.06$5,642
Jul 202402,98779.932.15$6,412
Jun 202402,97478.082.63$7,833
May 20241884,91978.812.20$25,630
Apr 202405,21184.451.66$8,646
Mar 202406980.301.55$107
Feb 202402,37476.091.78$4,234
Jan 202404,12973.023.30$13,616
Dec 20231846,43071.262.61$29,899
Nov 202305,80377.892.81$16,292
Oct 202302,06885.443.09$6,385
Sep 202302,52089.042.74$6,892
Aug 202305,66880.522.67$15,150
Jul 20231836,02274.852.64$29,606
Jun 202304,80668.962.26$10,854
May 202306,09870.622.23$13,583
Apr 202305,33378.122.24$11,934
Mar 20231296,02472.852.39$23,814
Feb 202304,92575.112.47$12,143
Jan 202306,46476.533.39$21,898
Dec 202205,93376.415.73$33,991
Nov 20223573,65785.005.65$50,993
Oct 202207,06987.185.86$41,451
Sep 20223627,09284.888.16$88,623
Aug 202207,31594.529.13$66,765
Jul 202207,506101.587.54$56,611
Jun 202207,280115.097.98$58,074
May 202207,492109.378.43$63,180
Apr 202207,879104.226.84$53,873
Mar 202207,644108.885.08$38,804
Feb 202207,10391.054.86$34,512
Jan 202208,13081.844.54$36,891
Dec 20211809,28071.323.90$49,021
Nov 20213397,68877.435.24$66,510
Oct 202109,05679.795.71$51,745
Sep 202109,58469.865.35$51,283
Aug 202108,82466.024.22$37,242
Jul 202119311,37770.783.98$58,965
Jun 202115711,16169.493.38$48,641
May 2021012,50863.483.02$37,745
Apr 2021010,55260.362.76$29,107
Mar 202109,03461.302.72$24,545
Feb 202102,43757.805.55$13,520
Jan 202107,22450.412.81$20,301
Dec 20201717,89044.642.68$28,743
Nov 202006,99538.772.71$18,932
Oct 202035611,33736.972.48$41,259
Sep 2020013,34937.091.99$26,578
Aug 2020013,92539.982.39$33,213
Jul 202033314,61338.371.83$39,448
Jun 2020014,50834.901.69$24,523
May 2020015,56916.921.81$28,254
Apr 202035115,41014.751.80$32,983
Mar 2020017,62330.341.86$32,712
Feb 202018512,78749.881.98$34,555
Jan 202035813,06557.252.09$47,863
Dec 2019015,65359.012.30$36,070
Nov 201919115,30855.302.75$52,670
Oct 201918423,72253.472.42$67,211
Sep 201919221,03855.052.66$66,473
Aug 201938227,64153.112.30$83,983
Jul 2019026,19556.272.46$64,441
Jun 201968928,81552.782.49$108,149
May 201918932,02558.482.74$98,811
Apr 201934336,26662.632.75$121,239
Mar 201901,27456.803.06$3,901
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 20180459.403.07$12
Jul 20180165.142.93$3
Jun 20180060.183.08$0
May 2018098065.382.90$2,843
Apr 20183481,60563.842.90$26,872
Mar 201803,36761.222.79$9,383
Feb 201803,17661.782.77$8,785
Jan 201806,15762.874.01$24,685
Dec 20171804,56857.272.92$23,654
Nov 201705,39655.423.12$16,827
Oct 20173472,94749.292.98$25,897
Sep 201703,89547.523.09$12,025
Aug 201704,32545.373.00$12,994
Jul 201703,11443.873.09$9,614
Jun 201707,45242.493.09$23,006
May 201709,32445.373.26$30,428
Apr 20173446,03247.933.21$35,860
Mar 201709,15246.772.98$27,307
Feb 201702,99950.452.95$8,855
Jan 2017038449.413.42$1,313
Dec 201602,02748.763.72$7,546
Nov 201607,97942.492.64$21,099
Oct 201607,63946.193.09$23,607
Sep 201604,83941.553.10$15,004
Aug 201607,29241.442.92$21,324
Jul 20163503,34841.622.92$24,358
Jun 201602,34345.352.69$6,293
May 201602,47742.521.99$4,932
Apr 20161776,29136.561.99$18,997
Mar 201602,94633.011.79$5,285
Feb 201606,17526.472.06$12,743
Jan 201605,13327.352.36$12,136
Dec 201503,60332.362.00$7,211
Nov 201505,59238.792.17$12,120
Oct 20151749,09843.552.43$29,655
Sep 201504,56142.992.76$12,581
Aug 201504,03340.162.87$11,585
Jul 20151818,68348.152.95$34,287
Jun 2015010,09156.152.88$29,091
May 201518812,36755.212.96$46,930
Apr 201504,79649.822.71$12,981
Mar 201518310,22242.892.93$37,847
Feb 20151799,27244.662.98$35,589
Jan 2015211,15943.433.10$34,687
Dec 201417211,62354.693.59$51,149
Nov 201419012,36270.464.25$65,949
Oct 20141871,23278.303.90$19,448
Sep 2014410,26686.164.05$41,875
Aug 201418510,68289.394.04$59,640
Jul 2014012,59396.564.18$52,634
Jun 201417712,59398.164.74$77,026
May 20141614,21394.734.73$68,694
Apr 201417910,57995.944.81$68,049
Mar 2014015,36995.895.06$77,718
Feb 201418510,26697.406.19$81,586
Jan 2014013,83890.404.86$67,263
Dec 201318716,69391.824.35$89,860
Nov 201318716,14888.853.74$76,981
Oct 201318118,53097.423.78$87,665
Sep 201318710,956104.113.72$60,200
Aug 201318216,413104.253.52$76,790
Jul 201317916,753102.523.72$80,634
Jun 201317915,93994.403.93$79,592
May 201317218,55894.834.15$93,309
Apr 201337619,81493.964.28$120,184
Mar 201318024,04193.623.91$110,921
Feb 201337320,07891.233.42$102,694
Jan 201336520,21191.603.42$102,554
Dec 201217821,62086.773.42$89,389
Nov 201234822,40686.953.62$111,479
Oct 201236524,99989.383.40$117,612
Sep 201236525,41194.672.92$108,714
Aug 201257529,09892.662.91$137,901
Jul 201238431,70785.133.02$128,470
Jun 201258232,19179.822.52$127,546
May 201257636,42491.612.49$143,402
Apr 201278439,042101.652.00$157,653
Mar 201298044,193105.052.22$201,149
Feb 201294745,848101.102.57$213,582
Jan 20121,13455,44098.092.73$262,811
Dec 20111,13663,67896.873.24$316,344
Nov 20111,89464,92295.723.31$396,269
Oct 20111,88265,25984.983.65$398,032
Sep 20111,69853,29183.623.99$354,394
Aug 20111,90362,33783.404.15$417,366
Jul 20112,28362,16394.144.52$495,727
Jun 20112,26964,17092.904.64$508,531
May 20111,69555,98798.134.40$412,943
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$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.

Oct 2025 — as filed, then multipliedworked
Condensate           507 bbl  × $ 59.38 =    $30,106
Gas                6,094 Mcf  × $  3.30 =    $20,140

────────────────────────────────────────────────────
Month total                                  $50,245

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. 03/G/261670 is the state's own key, not one this site invented.