GUARDIAN

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 289529District 03Field 459954702 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Jul 2019 – May 2026
Value, last 12 filed months
$633
at the published price for each month
Months reported
83
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-1112020-07-24226885

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
CondensateDisposition16,339 bbl$870,246
GasProduction291,767 Mcf$905,264
Total$1,775,510

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 30.5349, -94.4970. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.53493, -94.49697 · 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
15,338 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 15,338 ft.

Completions filed
Jul 2019
1 of 1 wells

1 well

42-45730894115,338 ftJul 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 (83)

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

83 months

May 2026015106.413.05$46
Apr 202602298.932.87$63
Mar 202601589.753.15$47
Feb 202601563.503.75$56
Jan 202601059.138.00$80
Dec 202501056.664.41$44
Nov 202501358.593.93$51
Oct 202501059.383.30$33
Sep 202501562.743.08$46
Aug 202501863.933.01$54
Jul 202501566.743.32$50
Jun 202502066.483.13$63
May 202501060.553.23$32
Apr 202503562.363.54$124
Mar 20250067.704.27$0
Feb 202504270.884.34$182
Jan 20250074.324.28$0
Dec 202403168.993.12$97
Nov 202402369.052.20$51
Oct 202402871.372.28$64
Sep 202401069.612.36$24
Aug 202401075.632.06$21
Jul 20240079.932.15$0
Jun 202401178.082.63$29
May 202401778.812.20$37
Apr 202401784.451.66$28
Mar 202404580.301.55$70
Feb 202418616376.091.78$14,443
Jan 202402273.023.30$73
Dec 202302671.262.61$68
Nov 202302977.892.81$81
Oct 20230785.443.09$22
Sep 202303689.042.74$98
Aug 202306980.522.67$184
Jul 20230174.852.64$3
Jun 202304268.962.26$95
May 202304370.622.23$96
Apr 202315511078.122.24$12,355
Mar 20234146372.852.39$4,095
Feb 2023042075.112.47$1,036
Jan 202301,09676.533.39$3,713
Dec 20221854,18476.415.73$38,106
Nov 20221803,07185.005.65$32,639
Oct 20222003,26787.185.86$36,593
Sep 20221763,28484.888.16$41,748
Aug 20222032,00594.529.13$37,488
Jul 20221812,844101.587.54$39,836
Jun 20221982,429115.097.98$42,164
May 202202,441109.378.43$20,585
Apr 20221852,553104.226.84$36,737
Mar 20221982,390108.885.08$33,691
Feb 202201,50491.054.86$7,308
Jan 20222453,19881.844.54$34,562
Dec 20211843,80471.323.90$27,955
Nov 202104,53477.435.24$23,744
Oct 20211832,04579.795.71$26,286
Sep 20211763,80669.865.35$32,661
Aug 20213643,64366.024.22$39,407
Jul 20212235,27470.783.98$36,785
Jun 20211755,75469.493.38$31,613
May 20213826,63163.483.02$44,260
Apr 20213727,08560.362.76$41,997
Mar 20212027,82861.302.72$33,651
Feb 20215106,18457.805.55$63,787
Jan 20213998,28750.412.81$43,402
Dec 20203029,21744.642.68$38,141
Nov 20205427,64838.772.71$41,713
Oct 20204148,66236.972.48$36,774
Sep 20205488,92737.091.99$38,099
Aug 20205788,48139.982.39$43,336
Jul 20205677,81838.371.83$36,025
Jun 20207298,13334.901.69$39,189
May 202054711,03016.921.81$29,272
Apr 202075611,31814.751.80$31,573
Mar 202094113,62830.341.86$53,847
Feb 20205728,43649.881.98$45,240
Jan 20205606,90257.252.09$46,518
Dec 201956410,63159.012.30$57,779
Nov 201915212,36455.302.75$42,415
Oct 20191,72125,45353.472.42$153,581
Sep 20191,15726,90455.052.66$135,184
Aug 20191853,69353.112.30$18,335
Jul 201911,49356.272.46$3,729

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                   15 Mcf  × $  3.05 =        $46

────────────────────────────────────────────────────
Month total                                      $46

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/289529 is the state's own key, not one this site invented.