SPOHN FOUNDATION

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the ALLEN DOME (10,800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 280236District 03Field 01657800CondensateGasSaveExport
Value, all time
$23.5 M
Jun 2015 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
132
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
1991-05-26
as the register files it
Field class
Oil and 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: ALLOCATION FORMULA EFFECTIVE 09/01/2023.

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
CondensateDisposition212,496 bbl$12,196,982
GasProduction3,957,441 Mcf$11,334,232
Total$23,531,215

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 28.9431, -95.5639. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.94315, -95.56389 · 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
11,602 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 11,602 ft.

Completions filed
Jun 2015
1 of 1 wells

1 well

42-03933269111,602 ftJun 2015

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 (132)

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

132 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
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 20240069.612.36$0
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 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202389070.622.23$6,285
Apr 20230078.122.24$0
Mar 20230072.852.39$0
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 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 2022186081.844.54$15,222
Dec 202138721,98571.323.90$113,323
Nov 2021012,34377.435.24$64,638
Oct 202102,41679.795.71$13,805
Sep 2021017069.865.35$910
Aug 2021353066.024.22$23,305
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 202138122,89760.362.76$86,157
Mar 202157333,96461.302.72$127,403
Feb 202176720,36557.805.55$157,317
Jan 202177739,01950.412.81$148,823
Dec 202077143,21144.642.68$150,027
Nov 202075946,19638.772.71$154,459
Oct 202075550,70236.972.48$153,574
Sep 202076350,70237.091.99$129,249
Aug 20201,12754,14139.982.39$174,189
Jul 202075762,62638.371.83$143,346
Jun 20201,33450,70934.901.69$132,271
May 2020030,11716.921.81$54,655
Apr 20200014.751.80$0
Mar 20201,34064,02630.341.86$159,503
Feb 20201,54174,31749.881.98$224,063
Jan 20201,94291,85557.252.09$303,592
Dec 20191,940108,15659.012.30$363,710
Nov 20192,486114,85755.302.75$453,413
Oct 20193,261123,22953.472.42$472,400
Sep 20193,544120,02955.052.66$514,048
Aug 20194,121127,07253.112.30$511,686
Jul 20194,901134,93756.272.46$607,732
Jun 20195,280128,36252.782.49$598,454
May 20196,277130,31358.482.74$724,178
Apr 20196,526124,63462.632.75$751,554
Mar 20197,972136,13356.803.06$869,662
Feb 20197,730124,30850.852.79$740,166
Jan 20198,667126,26946.033.23$806,561
Dec 20188,703129,15346.594.19$946,035
Nov 20189,215123,50452.934.24$1,011,066
Oct 20189,390124,35061.443.40$999,473
Sep 20189,869127,46459.543.11$983,758
Aug 201810,133131,53159.403.07$1,005,248
Jul 201810,758128,69665.142.93$1,078,097
Jun 201810,140123,32260.183.08$989,677
May 201810,550125,74665.382.90$1,054,523
Apr 201810,700126,91063.842.90$1,051,229
Mar 201810,564128,95361.222.79$1,006,099
Feb 20189,542113,21461.782.77$902,668
Jan 201810,727121,79062.874.01$1,162,702
Dec 20179,937113,94857.272.92$901,993
Nov 20174,96166,61855.423.12$482,678
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 201502,18256.152.88$6,290

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 2023 — as filed, then multipliedworked
Condensate            89 bbl  × $ 70.62 =     $6,285
Gas                    0 Mcf  × $  2.23 =         $0

────────────────────────────────────────────────────
Month total                                   $6,285

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/280236 is the state's own key, not one this site invented.