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 271077District 03Field 31194400CondensateGasSaveExport
Value, all time
$7.9 M
May 2012 – Dec 2025
Value, last 12 filed months
$191 k
at the published price for each month
Months reported
164
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
CondensateDisposition29,225 bbl$2,192,919
GasProduction1,654,963 Mcf$5,672,747
Total$7,865,666

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 29.1125, -95.7574. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.11249, -95.75736 · 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
10,936 ft
1 wells filed one
Completion to plug
13.6 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 10,936 ft.

Completions filed
May 2012
1 of 1 wells
Plug dates filed
Dec 2025
1 of 1 wells

Last completion to plug: a median of 13.6 years across the 1 well that filed both dates, with the middle half between 13.6 years and 13.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-03933082210,936 ftMay 2012Dec 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 (164)

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

164 months

Dec 20250056.664.41$0
Nov 2025369058.593.93$21,620
Oct 20251878,74659.383.30$40,008
Sep 2025010,94562.743.08$33,677
Aug 20250063.933.01$0
Jul 20253351,62766.743.32$27,752
Jun 20250066.483.13$0
May 202502,22960.553.23$7,205
Apr 20251762,63262.363.54$20,301
Mar 202502,52767.704.27$10,786
Feb 202501,90970.884.34$8,287
Jan 20251612,29674.324.28$21,789
Dec 202402,89268.993.12$9,027
Nov 202402,53769.052.20$5,577
Oct 20241743,17271.372.28$19,655
Sep 202403,17969.612.36$7,516
Aug 202403,24275.632.06$6,690
Jul 20241873,29879.932.15$22,026
Jun 202403,92778.082.63$10,344
May 202401,95678.812.20$4,300
Apr 202403,18884.451.66$5,290
Mar 20243671,40080.301.55$31,633
Feb 202401,23576.091.78$2,203
Jan 202403,60573.023.30$11,888
Dec 202303,23771.262.61$8,451
Nov 202302,79077.892.81$7,833
Oct 202302,30785.443.09$7,122
Sep 202302,58089.042.74$7,056
Aug 202303,02680.522.67$8,088
Jul 202303,14074.852.64$8,295
Jun 202302,25368.962.26$5,088
May 20231883,41170.622.23$20,874
Apr 202302,95378.122.24$6,608
Mar 20231933,03372.852.39$21,319
Feb 202302,55175.112.47$6,290
Jan 202303,10176.533.39$10,505
Dec 202202,24376.415.73$12,850
Nov 20222023,14285.005.65$34,910
Oct 202203,44287.185.86$20,183
Sep 202204,54984.888.16$37,137
Aug 202203,54794.529.13$32,374
Jul 202203,795101.587.54$28,622
Jun 20223603,973115.097.98$73,126
May 202203,065109.378.43$25,847
Apr 202204,431104.226.84$30,297
Mar 20223593,906108.885.08$58,916
Feb 202203,81491.054.86$18,532
Jan 202203,62581.844.54$16,449
Dec 20211804,24071.323.90$29,370
Nov 202104,50177.435.24$23,571
Oct 202104,30579.795.71$24,598
Sep 202103,49069.865.35$18,675
Aug 202104,26166.024.22$17,984
Jul 202104,76670.783.98$18,979
Jun 20213363,93069.493.38$36,634
May 202103,74663.483.02$11,304
Apr 202102,56760.362.76$7,081
Mar 202103,54661.302.72$9,634
Feb 202101,24057.805.55$6,879
Jan 20211873,36450.412.81$18,880
Dec 20203544,31344.642.68$27,342
Nov 202003,82338.772.71$10,347
Oct 202004,44236.972.48$11,009
Sep 202005,66337.091.99$11,275
Aug 20203404,93639.982.39$25,366
Jul 202005,08238.371.83$9,275
Jun 202005,13134.901.69$8,673
May 202004,63216.921.81$8,406
Apr 202004,94114.751.80$8,915
Mar 20201766,29030.341.86$17,016
Feb 202005,47249.881.98$10,838
Jan 20201756,30857.252.09$23,232
Dec 201906,94059.012.30$15,992
Nov 201905,69555.302.75$15,665
Oct 201907,43453.472.42$17,979
Sep 20193744,75355.052.66$33,219
Aug 201906,17153.112.30$14,220
Jul 201906,34056.272.46$15,597
Jun 201906,90152.782.49$17,192
May 20193817,23758.482.74$42,113
Apr 201907,35962.632.75$20,242
Mar 201907,54056.803.06$23,088
Feb 20193566,97450.852.79$37,576
Jan 201906,34946.033.23$20,496
Dec 201807,56446.594.19$31,659
Nov 201807,26052.934.24$30,762
Oct 20181803,72361.443.40$23,710
Sep 20183547,44659.543.11$44,219
Aug 201809,02359.403.07$27,670
Jul 201809,40165.142.93$27,563
Jun 201807,81560.183.08$24,046
May 20181789,60965.382.90$39,511
Apr 20183508,78663.842.90$47,830
Mar 20181719,95961.222.79$38,223
Feb 201808,71061.782.77$24,093
Jan 20183418,45262.874.01$55,325
Dec 201734411,70557.272.92$53,897
Nov 201708,76955.423.12$27,345
Oct 20171709,53249.292.98$36,820
Sep 201707,85647.523.09$24,254
Aug 201707,00045.373.00$21,031
Jul 201733910,84843.873.09$48,363
Jun 2017010,38242.493.09$32,052
May 201734411,12045.373.26$51,896
Apr 201707,60447.933.21$24,421
Mar 2017010,22846.772.98$30,517
Feb 201708,75850.452.95$25,859
Jan 201730811,29249.413.42$53,823
Dec 201633412,71548.763.72$63,622
Nov 201634512,48342.492.64$47,668
Oct 201633810,87546.193.09$49,219
Sep 20161785,72241.553.10$25,138
Aug 2016010,75641.442.92$31,454
Jul 201609,69641.622.92$28,354
Jun 201609,27745.352.69$24,916
May 201635410,18042.521.99$35,321
Apr 2016011,50536.561.99$22,907
Mar 2016011,26333.011.79$20,206
Feb 20161869,14826.472.06$23,802
Jan 201637010,94227.352.36$35,990
Dec 201518611,93332.362.00$29,902
Nov 201518910,85738.792.17$30,862
Oct 201517812,91443.552.43$39,089
Sep 201517912,06042.992.76$40,962
Aug 201518813,00840.162.87$44,915
Jul 201518812,77348.152.95$46,670
Jun 201537513,00456.152.88$58,545
May 2015014,85055.212.96$43,888
Apr 201518414,99349.822.71$49,746
Mar 201536614,58942.892.93$58,512
Feb 201518813,41444.662.98$48,319
Jan 201519015,66143.433.10$56,811
Dec 201436715,68054.693.59$76,384
Nov 201419015,51370.464.25$79,346
Oct 201418816,26878.303.90$78,181
Sep 201436217,31286.164.05$101,225
Aug 201435718,54189.394.04$106,727
Jul 201418518,76696.564.18$96,298
Jun 201419018,76698.164.74$107,543
May 201436520,40794.734.73$131,031
Apr 201418517,69095.944.81$102,822
Mar 201437421,21595.895.06$143,143
Feb 201436719,64197.406.19$157,363
Jan 201437022,20290.404.86$141,366
Dec 201337623,73791.824.35$137,887
Nov 201336423,76788.853.74$121,189
Oct 201336621,38597.423.78$116,477
Sep 201355324,565104.113.72$148,899
Aug 201336925,196104.253.52$127,224
Jul 201355026,157102.523.72$153,631
Jun 201354726,53694.403.93$156,014
May 201355329,32594.834.15$174,113
Apr 201356230,53093.964.28$183,553
Mar 201390931,65993.623.91$208,978
Feb 201337329,25891.233.42$134,089
Jan 201373633,94891.603.42$183,517
Dec 201275236,63886.773.42$190,559
Nov 201275037,91386.953.62$202,646
Oct 20121,10742,09589.383.40$242,053
Sep 20121,03443,71694.672.92$225,470
Aug 201296049,09492.662.91$231,727
Jul 20121,15249,74885.133.02$248,349
Jun 2012021,09779.822.52$53,144
May 20120091.612.49$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.

Nov 2025 — as filed, then multipliedworked
Condensate           369 bbl  × $ 58.59 =    $21,620
Gas                    0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                  $21,620

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/271077 is the state's own key, not one this site invented.