A. R. G. L. & I. CO.

Operated by TEXAS INDEPENDENT EXPLOR LTD. (P-5 846548) in the MERCEDES ( 1-E) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 12003District 04Field 60538128CondensateGasSaveExport
Value, all time
$2.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1949-07-02
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 2010-03-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 03/01/2010.

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
CondensateDisposition2,699 bbl$172,711
GasProduction713,674 Mcf$2,558,414
Total$2,731,126

130,410 Mcf of this lease's gas, across 46 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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.

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
no depth filed
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.

Completions filed
Mar 1950
1 of 1 wells

1 well

42-2150106312Mar 1950

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 (401)

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

401 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 202402,36578.082.63$6,229
May 202401,94578.812.20$4,276
Apr 202402,36584.451.66$3,924
Mar 20241532,63180.301.55$16,351
Feb 202402,38576.091.78$4,254
Jan 202402,43273.023.30$8,020
Dec 202301,77671.262.61$4,637
Nov 202302,06377.892.81$5,792
Oct 202302,31885.443.09$7,156
Sep 202301,90689.042.74$5,213
Aug 202301,93480.522.67$5,169
Jul 202302,82174.852.64$7,453
Jun 202303,07668.962.26$6,947
May 20231601,82070.622.23$15,353
Apr 202302,49978.122.24$5,592
Mar 202303,03172.852.39$7,254
Feb 202302,72075.112.47$6,707
Jan 202303,15776.533.39$10,695
Dec 202202,61976.415.73$15,004
Nov 202203,16785.005.65$17,882
Oct 2022086087.185.86$5,043
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202201,692115.097.98$13,497
May 202202,472109.378.43$20,846
Apr 202202,425104.226.84$16,581
Mar 20221812,670108.885.08$33,261
Feb 202202,56491.054.86$12,458
Jan 202202,38481.844.54$10,818
Dec 202102,05971.323.90$8,028
Nov 202102,53677.435.24$13,281
Oct 202102,66979.795.71$15,250
Sep 202102,39969.865.35$12,837
Aug 202102,28866.024.22$9,657
Jul 202102,68870.783.98$10,704
Jun 202102,83369.493.38$9,577
May 202102,70863.483.02$8,172
Apr 202102,89760.362.76$7,991
Mar 20211553,16261.302.72$18,092
Feb 202102,46557.805.55$13,676
Jan 202102,20150.412.81$6,185
Dec 202002,77944.642.68$7,435
Nov 202002,92838.772.71$7,925
Oct 202002,72436.972.48$6,751
Sep 202002,56237.091.99$5,101
Aug 202001,29339.982.39$3,084
Jul 202001,80338.371.83$3,291
Jun 202002,22134.901.69$3,754
May 202003,21016.921.81$5,825
Apr 202002,95314.751.80$5,328
Mar 202002,95730.341.86$5,489
Feb 202002,68249.881.98$5,312
Jan 202003,15057.252.09$6,598
Dec 20191523,32559.012.30$16,632
Nov 201903,09955.302.75$8,524
Oct 201903,18753.472.42$7,708
Sep 201903,00355.052.66$7,980
Aug 201903,24953.112.30$7,487
Jul 201903,37856.272.46$8,310
Jun 201902,87452.782.49$7,160
May 20191463,11058.482.74$17,060
Apr 201903,24362.632.75$8,921
Mar 201903,57456.803.06$10,944
Feb 201902,80350.852.79$7,827
Jan 201903,37046.033.23$10,879
Dec 201803,58746.594.19$15,013
Nov 201803,29952.934.24$13,979
Oct 20181523,96161.443.40$22,799
Sep 201803,37059.543.11$10,474
Aug 201803,52359.403.07$10,803
Jul 201802,69065.142.93$7,887
Jun 201802,37460.183.08$7,305
May 201803,06565.382.90$8,891
Apr 201802,83363.842.90$8,218
Mar 20181323,17761.222.79$16,935
Feb 201803,03661.782.77$8,398
Jan 201803,18162.874.01$12,754
Dec 201702,50157.272.92$7,307
Nov 201703,57455.423.12$11,145
Oct 201703,54749.292.98$10,583
Sep 20171163,12347.523.09$15,154
Aug 201703,31945.373.00$9,972
Jul 201703,56543.873.09$11,006
Jun 201703,73142.493.09$11,519
May 201704,29945.373.26$14,029
Apr 201703,22547.933.21$10,357
Mar 201701,88246.772.98$5,615
Feb 201701,56450.452.95$4,618
Jan 201702,28249.413.42$7,802
Dec 201602,94448.763.72$10,960
Nov 201603,16242.492.64$8,361
Oct 201603,27346.193.09$10,114
Sep 20161353,74441.553.10$17,218
Aug 201603,75041.442.92$10,966
Jul 201604,12741.622.92$12,069
Jun 201604,35545.352.69$11,697
May 201604,48142.521.99$8,922
Apr 201605,02236.561.99$9,999
Mar 20166938833.011.79$2,974
Feb 2016096026.472.06$1,981
Jan 2016010727.352.36$253
Dec 2015061232.362.00$1,225
Nov 2015014838.792.17$321
Oct 2015021843.552.43$529
Sep 2015018742.992.76$516
Aug 2015016840.162.87$483
Jul 2015066648.152.95$1,961
Jun 201501,04756.152.88$3,018
May 201501,10355.212.96$3,260
Apr 201501,19749.822.71$3,240
Mar 201501,55242.892.93$4,555
Feb 201502,12744.662.98$6,330
Jan 201502,40443.433.10$7,454
Dec 201402,69754.693.59$9,686
Nov 201401,82470.464.25$7,755
Oct 20141293,25078.303.90$22,779
Sep 201402,48886.164.05$10,065
Aug 201402,82489.394.04$11,395
Jul 201402,27396.564.18$9,500
Jun 201402,09598.164.74$9,924
May 201402,85794.734.73$13,504
Apr 201402,41495.944.81$11,609
Mar 201402,41495.895.06$12,207
Feb 201401,28897.406.19$7,975
Jan 201401,33290.404.86$6,474
Dec 201302,34391.824.35$10,203
Nov 201302,51088.853.74$9,383
Oct 201302,53997.423.78$9,596
Sep 201301,043104.113.72$3,878
Aug 20131171,344104.253.52$16,932
Jul 201301,105102.523.72$4,108
Jun 201301,01894.403.93$4,004
May 201301,76994.834.15$7,340
Apr 201301,79293.964.28$7,674
Mar 201301,93893.623.91$7,583
Feb 201301,57091.233.42$5,369
Jan 201301,98291.603.42$6,778
Dec 2012041286.773.42$1,409
Nov 2012059386.953.62$2,150
Oct 2012041689.383.40$1,414
Sep 2012041394.672.92$1,205
Aug 2012051192.662.91$1,486
Jul 2012066985.133.02$2,021
Jun 2012065979.822.52$1,660
May 2012095691.612.49$2,379
Apr 201201,459101.652.00$2,913
Mar 201202,583105.052.22$5,740
Feb 201201,401101.102.57$3,601
Jan 201202,43898.092.73$6,666
Dec 2011059296.873.24$1,918
Nov 20111712,12895.723.31$23,415
Oct 201101,38584.983.65$5,053
Sep 201102,30583.623.99$9,187
Aug 201102,48283.404.15$10,299
Jul 201102,62894.144.52$11,871
Jun 201101,98892.904.64$9,224
May 201102,27998.134.40$10,039
Apr 201102,342105.964.33$10,149
Mar 201102,55396.364.06$10,358
Feb 201102,22485.644.18$9,296
Jan 201102,52886.504.59$11,600
Dec 201001,05385.734.35$4,578
Nov 2010045880.843.80$1,738
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 201001,15370.364.91$5,662
May 20101581,89271.124.24$19,250
Apr 201003,38281.694.12$13,943
Mar 201003,75978.394.39$16,497
Feb 201002,14573.585.44$11,674
Jan 201002,23274.365.96$13,312
Dec 200902,78371.445.48$15,261
Nov 2009722,15474.593.75$13,451
Oct 2009028772.544.11$1,180
Sep 2009052965.543.06$1,621
Aug 2009084267.423.22$2,710
Jul 200901,07761.133.46$3,731
Jun 2009096666.163.90$3,763
May 200901,48354.743.93$5,822
Apr 200902,14046.773.59$7,677
Mar 200901,96542.144.06$7,976
Feb 200901,47632.814.63$6,838
Jan 200904,25135.865.37$22,832
Dec 200802,83037.105.98$16,915
Nov 200805,09555.496.86$34,954
Oct 200804,44375.246.92$30,754
Sep 200803,565101.767.88$28,082
Aug 200804,594114.228.48$38,971
Jul 200804,209131.0811.39$47,938
Jun 200806,344131.3313.03$82,679
May 200803,738123.1711.57$43,265
Apr 200805,028110.3110.45$52,567
Mar 2008624,023101.909.66$45,196
Feb 200802,49092.538.77$21,839
Jan 200803,15690.388.21$25,897
Dec 200704,02388.337.30$29,376
Nov 200701,68991.677.29$12,316
Oct 2007031882.856.92$2,201
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007020770.906.39$1,322
Jun 2007022362.007.55$1,683
May 2007021458.747.85$1,679
Apr 2007023659.617.81$1,842
Mar 2007026156.927.30$1,906
Feb 2007020955.108.22$1,717
Jan 2007026650.306.73$1,789
Dec 2006023056.656.92$1,591
Nov 2006027954.207.62$2,125
Oct 2006021454.906.01$1,287
Sep 2006019160.085.04$962
Aug 2006024568.717.34$1,798
Jul 2006029569.376.34$1,871
Jun 2006013766.286.38$875
May 2006023266.016.42$1,491
Apr 2006019164.397.36$1,406
Mar 2006024456.707.08$1,728
Feb 200604557.597.75$349
Jan 2006026360.598.93$2,349
Dec 200502,73854.9413.42$36,731
Nov 200502,53654.6910.59$26,852
Oct 200502,80658.3413.80$38,711
Sep 200502,80961.4512.08$33,930
Aug 200501,76561.519.80$17,291
Jul 200502,28255.697.84$17,899
Jun 200502,11752.337.38$15,626
May 200502,25345.226.65$14,985
Apr 200501,67949.207.36$12,358
Mar 200502,09950.377.15$15,018
Feb 200501,30045.226.31$8,206
Jan 200502,19943.166.32$13,903
Dec 200402,18439.866.75$14,744
Nov 200402,85645.286.33$18,080
Oct 200402,85649.706.52$18,607
Sep 200402,81843.245.28$14,890
Aug 200404,39942.375.55$24,417
Jul 200404,05738.286.08$24,684
Jun 200484,15336.106.43$27,005
May 200402,17437.486.49$14,119
Apr 200401,82634.475.86$10,698
Mar 200401,81234.365.53$10,021
Feb 2004075132.455.51$4,138
Jan 2004023132.036.30$1,455
Dec 2003043630.266.30$2,748
Nov 20032415528.804.60$1,403
Oct 200317619828.174.76$5,900
Sep 2003033026.314.75$1,567
Aug 2003057629.765.13$2,955
Jul 2003042529.415.17$2,198
Jun 2003031828.565.98$1,903
May 2003030826.595.97$1,840
Apr 2003076826.675.41$4,153
Mar 2003067031.146.10$4,084
Feb 2003084033.487.93$6,658
Jan 2003017230.315.58$960
Dec 2002013426.914.85$650
Nov 2002021224.664.14$877
Oct 2002036926.464.23$1,561
Sep 2002346527.443.64$1,169
Aug 2002028125.963.16$889
Jul 2002059624.583.06$1,825
Jun 2002088623.733.34$2,958
May 2002056924.663.58$2,039
Apr 2002079523.653.51$2,792
Mar 2002067322.003.10$2,088
Feb 2002064218.222.38$1,525
Jan 2002089617.172.38$2,129
Dec 200101,02816.932.36$2,431
Nov 2001096618.072.41$2,324
Oct 200101,17619.782.53$2,974
Sep 200101,08424.262.25$2,440
Aug 200101,30724.873.05$3,990
Jul 200101,07823.933.20$3,446
Jun 200101,04924.563.82$4,012
May 200101,20325.524.31$5,182
Apr 2001097724.685.34$5,213
Mar 2001046924.545.38$2,522
Feb 2001035827.755.77$2,065
Jan 2001046327.478.40$3,889
Dec 2000053626.889.12$4,890
Nov 2000050932.215.66$2,880
Oct 2000054631.235.15$2,809
Sep 2000044931.875.19$2,329
Aug 2000041429.644.54$1,880
Jul 2000023828.534.09$973
Jun 2000037929.304.40$1,667
May 2000018827.263.68$692
Apr 2000021824.513.12$679
Mar 2000021228.422.86$606
Feb 200001627.622.73$44
Jan 2000011325.272.48$280
Dec 199907524.282.42$182
Nov 19990923.192.43$22
Oct 1999013820.982.80$387
Sep 1999038821.752.62$1,016
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 19990579.981.82$104
Jan 1999061410.381.90$1,167
Dec 199806849.201.77$1,213
Nov 199801,02510.892.19$2,240
Oct 199802412.421.97$47
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 199801,28213.042.51$3,212
Mar 199801,87912.802.31$4,339
Feb 199801,33113.952.30$3,060
Jan 199801,80514.702.15$3,889
Dec 199701,93416.322.41$4,663
Nov 199702,17218.193.09$6,708
Oct 199702,19719.253.15$6,920
Sep 199701,98917.742.95$5,877
Aug 199702,43817.862.55$6,228
Jul 199702,11817.582.25$4,759
Jun 1997076817.242.26$1,734
May 199701,43918.972.31$3,322
Apr 199701,76117.882.08$3,668
Mar 199702,11518.951.94$4,101
Feb 1997076920.492.21$1,696
Jan 199701,92723.483.54$6,821
Dec 199602,13823.32$0
Nov 199602,19321.97$0
Oct 199602,10423.31$0
Sep 199602,36822.22$0
Aug 199602,14920.26$0
Jul 199601,69119.55$0
Jun 199602,17618.73$0
May 199602,43919.43$0
Apr 199602,09721.51$0
Mar 199601,90819.38$0
Feb 199601,75216.98$0
Jan 199601,75317.07$0
Dec 19950017.19$0
Nov 1995091016.00$0
Oct 199502,47515.43$0
Sep 199502,18216.18$0
Aug 19950015.92$0
Jul 199502915.24$0
Jun 199505816.41$0
May 199501,82017.56$0
Apr 199503,01817.73$0
Mar 199502,67116.44$0
Feb 199501,91016.58$0
Jan 199511,84515.92$16
Dec 199402,59615.03$0
Nov 199402,35615.90$0
Oct 199402,78215.58$0
Sep 199403,08415.29$0
Aug 199403,55816.13$0
Jul 199402,94317.56$0
Jun 199403,00817.09$0
May 19941962,84915.88$3,112
Apr 199403,02614.14$0
Mar 199403,39512.46$0
Feb 199403,31512.50$0
Jan 199403,74412.66$0
Dec 199303,69312.33$0
Nov 199303,48714.49$0
Oct 199304,04615.85$0
Sep 199303,94015.03$0
Aug 199304,47115.66$0
Jul 199303,00615.46$0
Jun 199301,83016.79$0
May 199306,44417.68$0
Apr 199308,16918.05$0
Mar 199306,15218.14$0
Feb 199303,22317.90$0
Jan 199303,60716.93$0

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.

Jun 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.08 =         $0
Gas                2,365 Mcf  × $  2.63 =     $6,229

────────────────────────────────────────────────────
Month total                                   $6,229

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. 04/G/12003 is the state's own key, not one this site invented.