MORGAN

Operated by E2 OPERATING LLC (P-5 238475) in the FORT TRINIDAD (GLEN ROSE, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 282311District 03Field 32156852CondensateGasSaveExport
Value, all time
$2.3 M
Jun 2016 – May 2026
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
120
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 145 leases and 145 wells, and the rule below applies to all of them.

Discovered
1961-01-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: NO GREATER THAN THE YARDSTICK OF 845 BBLS/DAY FOR 640 AC WELL.

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
CondensateDisposition34,508 bbl$1,928,851
GasProduction108,688 Mcf$330,890
Total$2,259,740

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 31.0534, -95.7349. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.05336, -95.73487 · 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
11,210 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 11,210 ft.

Completions filed
Aug 2016
1 of 1 wells

1 well

42-31331312111,210 ftAug 2016

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 (120)

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

120 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20262936089.753.15$26,486
Feb 20260063.503.75$0
Jan 202605159.138.00$408
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025043959.383.30$1,451
Sep 2025976662.743.08$6,289
Aug 2025011763.933.01$353
Jul 2025011266.743.32$371
Jun 2025109066.483.13$7,246
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202585067.704.27$5,755
Feb 20250070.884.34$0
Jan 2025100074.324.28$7,432
Dec 20240068.993.12$0
Nov 2024143069.052.20$9,874
Oct 202497071.372.28$6,923
Sep 2024260069.612.36$18,099
Aug 2024182075.632.06$13,765
Jul 2024179079.932.15$14,307
Jun 20240078.082.63$0
May 20241574878.812.20$12,479
Apr 202418912284.451.66$16,163
Mar 20242198780.301.55$17,720
Feb 20241821776.091.78$13,879
Jan 20241841373.023.30$13,479
Dec 20230071.262.61$0
Nov 202302177.892.81$59
Oct 202309885.443.09$303
Sep 202301089.042.74$27
Aug 2023710280.522.67$836
Jul 202318223574.852.64$14,244
Jun 202307268.962.26$163
May 20231832470.622.23$12,977
Apr 202308278.122.24$184
Mar 20231819772.852.39$13,418
Feb 20231855175.112.47$14,021
Jan 20231811176.533.39$13,889
Dec 20223707276.415.73$28,684
Nov 20221801285.005.65$15,368
Oct 20223727987.185.86$32,894
Sep 2022012884.888.16$1,045
Aug 2022011194.529.13$1,013
Jul 2022184293101.587.54$20,901
Jun 202217230115.097.98$20,035
May 2022182303109.378.43$22,461
Apr 2022182272104.226.84$20,828
Mar 2022361148108.885.08$40,057
Feb 202217727491.054.86$17,447
Jan 2022030081.844.54$1,361
Dec 202117833471.323.90$13,997
Nov 2021180077.435.24$13,937
Oct 202118033879.795.71$16,293
Sep 2021038869.865.35$2,076
Aug 202137139566.024.22$26,161
Jul 2021040670.783.98$1,617
Jun 202117832569.493.38$13,468
May 20213587263.483.02$22,943
Apr 2021023860.362.76$657
Mar 202118443261.302.72$12,453
Feb 202118341257.805.55$12,863
Jan 202118245050.412.81$10,439
Dec 202036744144.642.68$17,563
Nov 202018562638.772.71$8,867
Oct 202036369436.972.48$15,140
Sep 202015562637.091.99$6,995
Aug 202054083039.982.39$23,569
Jul 202018256938.371.83$8,022
Jun 2020056134.901.69$948
May 2020079916.921.81$1,450
Apr 2020059814.751.80$1,079
Mar 2020044430.341.86$824
Feb 202017640449.881.98$9,579
Jan 202017943857.252.09$11,165
Dec 201936647059.012.30$22,681
Nov 201917931555.302.75$10,765
Oct 201937068153.472.42$21,431
Sep 201917576355.052.66$11,661
Aug 201917642753.112.30$10,331
Jul 201918222856.272.46$10,802
Jun 201917330352.782.49$9,886
May 201935849958.482.74$22,303
Apr 201935027962.632.75$22,688
Mar 201933484756.803.06$21,565
Feb 201937358050.852.79$20,587
Jan 201917843746.033.23$9,604
Dec 201837172746.594.19$20,328
Nov 201837325152.934.24$20,806
Oct 201837465761.443.40$25,211
Sep 201837734659.543.11$23,522
Aug 201837113759.403.07$22,458
Jul 201836421065.142.93$24,327
Jun 201854644160.183.08$34,215
May 201852698165.382.90$37,236
Apr 20185561,75763.842.90$40,592
Mar 20183682,24661.222.79$28,788
Feb 20185491,37761.782.77$37,726
Jan 20185531,24762.874.01$39,767
Dec 20179095,75957.272.92$68,883
Nov 20177153,53655.423.12$50,652
Oct 20171,0785,12949.292.98$68,438
Sep 20171,7596,12247.523.09$102,488
Aug 20171751,15645.373.00$11,413
Jul 20173561,85543.873.09$21,345
Jun 20171751,85642.493.09$13,166
May 20173601,74845.373.26$22,038
Apr 201771392047.933.21$37,129
Mar 20171,1021,17446.772.98$55,043
Feb 201717631150.452.95$9,797
Jan 201703949.413.42$133
Dec 20161811,81448.763.72$15,579
Nov 20167115,40842.492.64$44,511
Oct 20161,0768,70846.193.09$76,610
Sep 20161,8278,79041.553.10$103,166
Aug 20164,57118,75341.442.92$244,262
Jul 20161812,77041.622.92$15,634
Jun 20161851,85745.352.69$13,377

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.

Mar 2026 — as filed, then multipliedworked
Condensate           293 bbl  × $ 89.75 =    $26,297
Gas                   60 Mcf  × $  3.15 =       $189

────────────────────────────────────────────────────
Month total                                  $26,486

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/282311 is the state's own key, not one this site invented.