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ROBESON

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the PALACIOS (FRIO A, FB-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 284977District 03Field 68481067CondensateGasSaveExport
Value, all time
$3.7 M
Apr 2018 – May 2026
Value, last 12 filed months
$111 k
at the published price for each month
Months reported
98
no gaps in the span
Streams
2
condensate, gas

The PALACIOS (FRIO A, FB-1) field

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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
2018-04-24
as the register files it
Field class
Gas
the register's own label
Between wells
—
no field rule filed
From a lease line
—
no field rule filed

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
CondensateDisposition7,286 bbl$439,249
GasProduction1,019,875 Mcf$3,228,406
Total$3,667,656

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 28.7355, -96.2284. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.73548, -96.22839 · 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
8,800 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 8,800 ft.

Completions filed
Apr 2018
1 of 1 wells

1 well

42-321324151C8,800 ftApr 2018——

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 (98)

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

98 months

May 202600106.413.05$0
Apr 202602,09398.932.87$6,006
Mar 202601,82289.753.15$5,738
Feb 202601,98863.503.75$7,456
Jan 202602,48759.138.00$19,891
Dec 202502,31356.664.41$10,208
Nov 202502,40958.593.93$9,459
Oct 202502,29259.383.30$7,575
Sep 202502,17262.743.08$6,683
Aug 202502,64463.933.01$7,971
Jul 202502,77066.743.32$9,183
Jun 20251852,64966.483.13$20,587
May 202502,08060.553.23$6,723
Apr 202502,70262.363.54$9,574
Mar 202502,71167.704.27$11,571
Feb 202502,41570.884.34$10,483
Jan 202502,66174.324.28$11,386
Dec 202402,91568.993.12$9,099
Nov 202402,91969.052.20$6,417
Oct 202403,19071.372.28$7,278
Sep 202402,95769.612.36$6,991
Aug 202402,88675.632.06$5,956
Jul 202403,27979.932.15$7,039
Jun 202403,27278.082.63$8,618
May 202403,46378.812.20$7,613
Apr 20241793,35884.451.66$20,688
Mar 202403,49780.301.55$5,403
Feb 202403,41676.091.78$6,093
Jan 202403,62973.023.30$11,967
Dec 202303,90871.262.61$10,203
Nov 202303,81677.892.81$10,714
Oct 202303,90385.443.09$12,050
Sep 202304,05789.042.74$11,096
Aug 20231764,29380.522.67$25,646
Jul 202304,68174.852.64$12,366
Jun 202304,39268.962.26$9,919
May 202304,64470.622.23$10,344
Apr 202304,60978.122.24$10,314
Mar 20231924,81872.852.39$25,517
Feb 202304,51775.112.47$11,137
Jan 202305,14376.533.39$17,423
Dec 202205,65976.415.73$32,421
Nov 202202,91885.005.65$16,476
Oct 202205,26187.185.86$30,849
Sep 202205,17084.888.16$42,206
Aug 20221845,69594.529.13$69,371
Jul 202205,723101.587.54$43,163
Jun 202205,525115.097.98$44,074
May 202205,894109.378.43$49,704
Apr 202205,806104.226.84$39,699
Mar 202205,845108.885.08$29,672
Feb 20221825,52991.054.86$43,436
Jan 202206,24181.844.54$28,320
Dec 202106,57871.323.90$25,648
Nov 202106,25777.435.24$32,767
Oct 202108,86979.795.71$50,676
Sep 2021010,87969.865.35$58,213
Aug 202118110,67566.024.22$57,004
Jul 2021012,00770.783.98$47,813
Jun 2021011,92869.493.38$40,324
May 2021012,05163.483.02$36,366
Apr 2021010,58660.362.76$29,201
Mar 20211758,35561.302.72$33,428
Feb 2021011,07557.805.55$61,444
Jan 202117914,10050.412.81$48,648
Dec 2020014,57844.642.68$39,003
Nov 202017814,95338.772.71$47,372
Oct 2020015,60536.972.48$38,676
Sep 2020014,65337.091.99$29,175
Aug 202017716,45339.982.39$46,319
Jul 2020017,85938.371.83$32,595
Jun 202017814,02434.901.69$29,917
May 2020017,97416.921.81$32,618
Apr 2020019,14414.751.80$34,543
Mar 2020014,25730.341.86$26,464
Feb 2020013,11549.881.98$25,976
Jan 202018115,25857.252.09$42,324
Dec 2019016,52859.012.30$38,086
Nov 201917917,86555.302.75$59,040
Oct 201918319,76853.472.42$57,595
Sep 2019020,25355.052.66$53,818
Aug 201918422,48953.112.30$61,595
Jul 201918324,02456.272.46$69,398
Jun 201918122,74752.782.49$66,221
May 201918426,77158.482.74$84,121
Apr 201918320,61262.632.75$68,159
Mar 201918021,98656.803.06$77,547
Feb 201918020,60650.852.79$66,689
Jan 2019024,11246.033.23$77,838
Dec 201837327,22446.594.19$131,322
Nov 201836825,45452.934.24$127,333
Oct 201836829,49261.443.40$122,826
Sep 201836133,04359.543.11$124,192
Aug 201836634,63859.403.07$127,960
Jul 201854635,08465.142.93$138,429
Jun 201835829,60060.183.08$112,621
May 201856233,21965.382.90$133,105
Apr 201808,09163.842.90$23,470

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                2,093 Mcf  × $  2.87 =     $6,006

────────────────────────────────────────────────────
Month total                                   $6,006

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/284977 is the state's own key, not one this site invented.