NEW LUM / BLACK STONE

Operated by SQUARE MILE ENERGY, L.L.C. (P-5 810815) in the LONG PRAIRIE (12300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 280165District 03Field 54712500CondensateGasSave
Value, all time
$21.8 M
Aug 2015 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
130
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
CondensateDisposition118,382 bbl$8,108,436
GasProduction3,537,483 Mcf$13,672,054
Total$21,780,490

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 30.2570, -93.8573. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.25699, -93.85732 · 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
11,415 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 11,415 ft.

Completions filed
Feb 2019
1 of 1 wells

1 well

42-35130910111,415 ftFeb 2019

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 (130)

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

130 months

May 202640910,336106.413.05$75,003
Apr 202636310,70498.932.87$66,629
Mar 202641912,13389.753.15$75,817
Feb 202641412,00463.503.75$71,308
Jan 202638613,39759.138.00$129,972
Dec 202555514,27456.664.41$94,443
Nov 202537614,52158.593.93$79,046
Oct 202555715,01159.383.30$82,684
Sep 202552615,19362.743.08$79,749
Aug 202517714,99463.933.01$56,519
Jul 202553315,33366.743.32$86,404
Jun 202571118,42066.483.13$104,898
May 202552521,63460.553.23$101,717
Apr 202588922,85662.363.54$136,420
Mar 202588125,10067.704.27$166,779
Feb 202554222,79670.884.34$137,371
Jan 202553220,33974.324.28$126,562
Dec 202471621,87468.993.12$117,674
Nov 202471022,30669.052.20$98,064
Oct 202469524,33971.372.28$105,129
Sep 202490923,37669.612.36$118,545
Aug 202472224,03075.632.06$104,194
Jul 20241,04025,32779.932.15$137,494
Jun 202488025,06678.082.63$134,734
May 202472026,59978.812.20$115,220
Apr 202487025,32884.451.66$115,496
Mar 202488626,70380.301.55$112,405
Feb 202471826,31676.091.78$101,571
Jan 202472725,95873.023.30$138,686
Dec 202388725,81471.262.61$130,601
Nov 202370225,78377.892.81$127,066
Oct 20231,04830,90085.443.09$184,938
Sep 20231,04329,87089.042.74$174,564
Aug 202389129,34080.522.67$150,166
Jul 20231,25529,37374.852.64$171,534
Jun 202388329,82368.962.26$128,246
May 20231,08130,57770.622.23$144,447
Apr 20231,44140,35778.122.24$202,880
Mar 20231,43343,77972.852.39$209,164
Feb 20231,43742,56475.112.47$212,882
Jan 20231,95160,26876.533.39$353,481
Dec 20222,17958,49476.415.73$501,614
Nov 20221,99662,09685.005.65$520,266
Oct 20222,47166,27687.185.86$604,048
Sep 20222,11965,11884.888.16$711,463
Aug 20222,33868,79394.529.13$848,872
Jul 20222,52069,490101.587.54$780,081
Jun 20221,98061,221115.097.98$716,250
May 20222,00563,477109.378.43$754,591
Apr 20222,70371,574104.226.84$771,101
Mar 20222,53273,429108.885.08$648,439
Feb 20222,15766,80091.054.86$520,965
Jan 20221,94366,95881.844.54$462,849
Dec 20211,77454,40171.323.90$338,638
Nov 20212,13251,83577.435.24$436,533
Oct 20211,79953,02679.795.71$446,526
Sep 20211,58555,06869.865.35$405,393
Aug 20211,78654,31766.024.22$347,162
Jul 20211,80930,03870.783.98$247,655
Jun 202136820,12469.493.38$93,604
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20213687,96761.302.72$44,204
Feb 202154815,74157.805.55$119,005
Jan 202155120,99850.412.81$86,786
Dec 202074721,30344.642.68$90,341
Nov 202069520,33438.772.71$81,981
Oct 202053921,60936.972.48$73,483
Sep 202090321,78937.091.99$76,875
Aug 202068313,76739.982.39$60,142
Jul 20203398,56438.371.83$28,638
Jun 20201699,65834.901.69$22,223
May 2020210,24716.921.81$18,630
Apr 202087921,41914.751.80$51,613
Mar 202088524,06130.341.86$71,514
Feb 202068020,22349.881.98$73,973
Jan 202072123,07657.252.09$89,615
Dec 201970022,10159.012.30$92,236
Nov 201972321,70855.302.75$99,694
Oct 201988923,03253.472.42$103,239
Sep 201952320,61355.052.66$83,566
Aug 201987921,81753.112.30$96,958
Jul 201969120,59756.272.46$89,552
Jun 201985420,95052.782.49$97,265
May 201969119,30958.482.74$93,323
Apr 201970518,68262.632.75$95,543
Mar 201937020,54256.803.06$83,918
Feb 20193443,96350.852.79$28,558
Jan 201961217,33146.033.23$84,118
Dec 201876920,82846.594.19$123,002
Nov 201893320,97652.934.24$138,264
Oct 201855122,50061.443.40$110,310
Sep 201876622,83959.543.11$116,591
Aug 201894023,76459.403.07$128,710
Jul 201874023,73165.142.93$117,780
Jun 201859617,10960.183.08$88,510
May 201874624,82865.382.90$120,795
Apr 201855023,56763.842.90$103,475
Mar 201895822,27961.222.79$120,737
Feb 201854622,25561.782.77$95,292
Jan 20181,11322,90862.874.01$161,820
Dec 201776124,99157.272.92$116,594
Nov 201756223,83655.423.12$105,475
Oct 201793123,78749.292.98$116,862
Sep 20171871,37347.523.09$13,125
Aug 201774519,94445.373.00$93,720
Jul 201774123,68943.873.09$105,642
Jun 201775022,53042.493.09$101,424
May 201775025,18745.373.26$116,223
Apr 201771724,60947.933.21$113,400
Mar 201788326,42646.772.98$120,145
Feb 201788024,60150.452.95$117,033
Jan 20171,09337,25549.413.42$181,373
Dec 20161,46646,69448.763.72$245,316
Nov 20161,63341,28242.492.64$178,550
Oct 20161,24844,63746.193.09$195,585
Sep 20161,45842,53141.553.10$192,453
Aug 20161,11534,60341.442.92$147,397
Jul 20161,09827,54941.622.92$126,261
Jun 201673024,17345.352.69$98,030
May 201672827,01242.521.99$84,737
Apr 201670722,11336.561.99$69,876
Mar 201679819,29633.011.79$60,959
Feb 201661616,60226.472.06$50,566
Jan 20161813,72127.352.36$13,748
Dec 20151608,94032.362.00$23,070
Nov 201555419,58738.792.17$63,941
Oct 201535614,28043.552.43$50,155
Sep 20150042.992.76$0
Aug 20150040.162.87$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.

May 2026 — as filed, then multipliedworked
Condensate           409 bbl  × $106.41 =    $43,522
Gas               10,336 Mcf  × $  3.05 =    $31,482

────────────────────────────────────────────────────
Month total                                  $75,003

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/280165 is the state's own key, not one this site invented.