MAYFIELD

Operated by NECHES TRANSPORT INC. (P-5 601854) in the JAZZ (WILCOX DEEP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 288885District 03Field 459954702 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.2 M
Aug 2018 – May 2026
Value, last 12 filed months
$635
at the published price for each month
Months reported
94
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 118 leases and 118 wells, and the rule below applies to all of them.

Discovered
2006-05-16
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-05-06.

The Commission's schedule remark for this field reads: LATERAL RULES.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none
ST-1112020-06-12226670

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition22,808 bbl$1,273,989
GasProduction587,196 Mcf$1,959,590
Total$3,233,579

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 30.5706, -94.5864. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.57060, -94.58636 · 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
12,040 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 12,040 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-373313291H12,040 ftAug 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 (94)

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

94 months

May 2026022106.413.05$67
Apr 202601598.932.87$43
Mar 202601389.753.15$41
Feb 202601063.503.75$38
Jan 202601559.138.00$120
Dec 202501756.664.41$75
Nov 202501258.593.93$47
Oct 202501559.383.30$50
Sep 202501262.743.08$37
Aug 202501063.933.01$30
Jul 202501566.743.32$50
Jun 202501266.483.13$38
May 202501060.553.23$32
Apr 202501062.363.54$35
Mar 202501067.704.27$43
Feb 202501070.884.34$43
Jan 202501074.324.28$43
Dec 20240068.993.12$0
Nov 202401069.052.20$22
Oct 202401071.372.28$23
Sep 202401069.612.36$24
Aug 202401075.632.06$21
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 202405084.451.66$83
Mar 202405080.301.55$77
Feb 202405076.091.78$89
Jan 202402073.023.30$66
Dec 202302071.262.61$52
Nov 202302077.892.81$56
Oct 202302085.443.09$62
Sep 202302089.042.74$55
Aug 202302080.522.67$53
Jul 202302074.852.64$53
Jun 202302068.962.26$45
May 202301070.622.23$22
Apr 2023192078.122.24$14,999
Mar 20238851,25272.852.39$67,468
Feb 202301,97175.112.47$4,860
Jan 2023301,27676.533.39$6,619
Dec 2022014,54576.415.73$83,329
Nov 20221841,21285.005.65$22,483
Oct 202204,23687.185.86$24,839
Sep 20221836,14484.888.16$65,691
Aug 202206,25094.529.13$57,045
Jul 20221794,707101.587.54$53,683
Jun 20221874,497115.097.98$57,395
May 202202,992109.378.43$25,232
Apr 20221791,212104.226.84$26,943
Mar 20221794,652108.885.08$43,105
Feb 202205,65091.054.86$27,452
Jan 20221732,98881.844.54$27,717
Dec 202104,42871.323.90$17,265
Nov 20213325,24077.435.24$53,148
Oct 20211774,90779.795.71$42,161
Sep 20211742,47869.865.35$25,415
Aug 202105,02466.024.22$21,204
Jul 20213676,35270.783.98$51,270
Jun 20211774,89969.493.38$28,861
May 20211824,88463.483.02$26,292
Apr 202106,16060.362.76$16,992
Mar 202135410,63761.302.72$50,600
Feb 20211858,53457.805.55$58,039
Jan 202118410,79150.412.81$39,601
Dec 20203759,84944.642.68$43,091
Nov 202054712,87438.772.71$56,052
Oct 20201845,54136.972.48$20,535
Sep 20203737,32237.091.99$28,413
Aug 202035311,25539.982.39$40,957
Jul 202035812,82538.371.83$37,144
Jun 202053015,77534.901.69$45,162
May 202036318,68416.921.81$40,049
Apr 202075822,85114.751.80$52,412
Mar 202053615,66730.341.86$45,344
Feb 2020097949.881.98$1,939
Jan 20203585,25357.252.09$31,499
Dec 20193599,48259.012.30$43,035
Nov 20193576,79455.302.75$38,430
Oct 20195426,21453.472.42$44,010
Sep 20191907,27755.052.66$29,797
Aug 20191791,65953.112.30$13,330
Jul 20193616,89756.272.46$37,281
Jun 201956612,05852.782.49$59,912
May 201971316,96858.482.74$88,194
Apr 201973918,19562.632.75$96,333
Mar 201954912,79956.803.06$70,375
Feb 201936511,35550.852.79$50,266
Jan 201974711,27146.033.23$70,769
Dec 201892821,97246.594.19$135,198
Nov 20181,11729,43952.934.24$183,863
Oct 20181,84940,13561.443.40$249,985
Sep 20182,02349,20059.543.11$273,363
Aug 20181,98648,11059.403.07$265,501

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             0 bbl  × $106.41 =         $0
Gas                   22 Mcf  × $  3.05 =        $67

────────────────────────────────────────────────────
Month total                                      $67

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/288885 is the state's own key, not one this site invented.