PALMYRA MINERALS LTD

Operated by MAG EXPLORATION LLC (P-5 102971) in the BOB WEST, NORTH (L-1,L-2,L-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 166579District 04Field 100431502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
Dec 1997 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
342
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 67 leases and 67 wells, and the rule below applies to all of them.

Discovered
1996-12-06
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 1996-12-06.

The Commission's schedule remark for this field reads: 10-1. FOR TEST DUE 4-1 PRIOR TEST TO BE FILED.

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
High Cost Gas111998-09-24138748
NGPA1none

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
CondensateDisposition3,112 bbl$53,110
GasProduction1,776,117 Mcf$6,267,147
Total$6,320,257

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 26.6794, -99.1319. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.67945, -99.13194 · 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
8,505 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 8,505 ft.

Completions filed
Dec 1997
1 of 1 wells

1 well

42-5053370418,505 ftDec 1997

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 (342)

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

342 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 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 2015082455.212.96$2,435
Apr 2015084849.822.71$2,295
Mar 201502,55342.892.93$7,492
Feb 2015095344.662.98$2,836
Jan 201501,92043.433.10$5,953
Dec 201401,34654.693.59$4,834
Nov 201401,38870.464.25$5,902
Oct 201401,98978.303.90$7,759
Sep 201401,82586.164.05$7,383
Aug 201402,06289.394.04$8,320
Jul 201402,38496.564.18$9,964
Jun 201401,83698.164.74$8,697
May 201402,32294.734.73$10,975
Apr 201402,19795.944.81$10,566
Mar 201402,04395.895.06$10,331
Feb 201401,76897.406.19$10,947
Jan 201401,58790.404.86$7,714
Dec 201301,84091.824.35$8,012
Nov 201301,68388.853.74$6,292
Oct 201302,11297.423.78$7,982
Sep 201302,063104.113.72$7,670
Aug 201302,158104.253.52$7,602
Jul 201302,149102.523.72$7,989
Jun 201302,17194.403.93$8,539
May 201302,17494.834.15$9,020
Apr 201302,12593.964.28$9,101
Mar 201302,30993.623.91$9,035
Feb 201302,09991.233.42$7,178
Jan 201302,32791.603.42$7,958
Dec 201201,89586.773.42$6,481
Nov 201202,54986.953.62$9,240
Oct 201202,85089.383.40$9,689
Sep 201203,03594.672.92$8,857
Aug 201204,18392.662.91$12,165
Jul 2012031085.133.02$936
Jun 20120079.822.52$0
May 2012484091.612.49$4,497
Apr 201202,033101.652.00$4,059
Mar 201202,277105.052.22$5,060
Feb 201201,502101.102.57$3,861
Jan 201202,02698.092.73$5,539
Dec 201102,02796.873.24$6,567
Nov 201102,09295.723.31$6,927
Oct 201102,18284.983.65$7,961
Sep 201102,26983.623.99$9,044
Aug 201101,36683.404.15$5,668
Jul 201101,32294.144.52$5,972
Jun 201101,89292.904.64$8,779
May 201101,92598.134.40$8,479
Apr 201102,008105.964.33$8,701
Mar 201102,28696.364.06$9,275
Feb 201101,15585.644.18$4,828
Jan 201102,14286.504.59$9,829
Dec 201002,13385.734.35$9,274
Nov 201002,23880.843.80$8,494
Oct 201002,47278.103.51$8,674
Sep 20100072.633.98$0
Aug 201002,19473.684.42$9,696
Jul 201002,20972.554.74$10,463
Jun 201002,29970.364.91$11,289
May 201002,49271.124.24$10,554
Apr 201002,49481.694.12$10,282
Mar 201002,46278.394.39$10,805
Feb 201002,48873.585.44$13,541
Jan 201002,43174.365.96$14,499
Dec 200902,62371.445.48$14,384
Nov 200902,82374.593.75$10,590
Oct 200902,94472.544.11$12,101
Sep 200903,03565.543.06$9,302
Aug 200902,04767.423.22$6,588
Jul 200901,74761.133.46$6,052
Jun 200902,02966.163.90$7,903
May 200902,27754.743.93$8,939
Apr 200902,20946.773.59$7,925
Mar 200902,38742.144.06$9,689
Feb 200902,37732.814.63$11,013
Jan 200902,05335.865.37$11,027
Dec 200802,44237.105.98$14,596
Nov 200802,27455.496.86$15,600
Oct 200802,36575.246.92$16,370
Sep 200802,118101.767.88$16,684
Aug 200802,534114.228.48$21,496
Jul 200802,549131.0811.39$29,032
Jun 200802,225131.3313.03$28,998
May 200802,293123.1711.57$26,540
Apr 200802,154110.3110.45$22,520
Mar 200802,416101.909.66$23,348
Feb 200802,14692.538.77$18,822
Jan 200802,57890.388.21$21,154
Dec 200702,82288.337.30$20,606
Nov 200702,97191.677.29$21,664
Oct 200701,29182.856.92$8,936
Sep 200702,70975.846.24$16,915
Aug 200701,45969.066.39$9,320
Jul 200702,36070.906.39$15,076
Jun 200702,51862.007.55$19,007
May 200702,18558.747.85$17,144
Apr 200703,21759.617.81$25,109
Mar 200703,79556.927.30$27,711
Feb 200703,03155.108.22$24,903
Jan 200703,27250.306.73$22,010
Dec 200603,24356.656.92$22,437
Nov 200603,56454.207.62$27,149
Oct 200603,55754.906.01$21,391
Sep 200603,50960.085.04$17,676
Aug 200603,75568.717.34$27,561
Jul 200603,75869.376.34$23,836
Jun 200603,82966.286.38$24,444
May 200604,06166.016.42$26,092
Apr 200603,62764.397.36$26,696
Mar 200603,90756.707.08$27,673
Feb 200603,60757.597.75$27,958
Jan 200604,03760.598.93$36,064
Dec 200504,22054.9413.42$56,613
Nov 200504,20054.6910.59$44,471
Oct 200504,29158.3413.80$59,198
Sep 200504,27861.4512.08$51,674
Aug 200503,71361.519.80$36,376
Jul 200504,06555.697.84$31,884
Jun 200504,03852.337.38$29,805
May 200504,51845.226.65$30,050
Apr 200504,74549.207.36$34,925
Mar 200504,66350.377.15$33,363
Feb 200504,44745.226.31$28,069
Jan 200505,75543.166.32$36,384
Dec 200404,80239.866.75$32,419
Nov 2004533,92645.286.33$27,253
Oct 200404,79649.706.52$31,246
Sep 200404,22243.245.28$22,309
Aug 200404,30542.375.55$23,896
Jul 200404,16038.286.08$25,310
Jun 200402,89936.106.43$18,649
May 200405,06937.486.49$32,921
Apr 200404,63334.475.86$27,142
Mar 200405,19234.365.53$28,712
Feb 200404,80632.455.51$26,479
Jan 200404,23932.036.30$26,704
Dec 200305,62530.266.30$35,447
Nov 200305,14928.804.60$23,660
Oct 200305,50328.174.76$26,192
Sep 200305,39726.314.75$25,632
Aug 200305,82129.765.13$29,860
Jul 200305,76229.415.17$29,794
Jun 200305,53128.565.98$33,092
May 200305,67726.595.97$33,907
Apr 200305,99126.675.41$32,395
Mar 200305,52031.146.10$33,650
Feb 200305,44733.487.93$43,172
Jan 200305,62930.315.58$31,421
Dec 200206,33126.914.85$30,729
Nov 200205,63824.664.14$23,324
Oct 200206,93626.464.23$29,333
Sep 200216,66727.443.64$24,263
Aug 200206,18425.963.16$19,567
Jul 200207,94924.583.06$24,338
Jun 200207,12023.733.34$23,768
May 200227,56424.663.58$27,159
Apr 200207,57423.653.51$26,602
Mar 200227,84922.003.10$24,397
Feb 200218,31018.222.38$19,760
Jan 2002210,09417.172.38$24,014
Dec 200115,98716.932.36$14,173
Nov 2001211,70918.072.41$28,202
Oct 200139,96719.782.53$25,265
Sep 2001410,11024.262.25$22,858
Aug 20014310,04324.873.05$31,732
Jul 200129,70223.933.20$31,066
Jun 2001110,83524.563.82$41,459
May 2001211,34225.524.31$48,905
Apr 200110912,01724.685.34$66,805
Mar 2001413,30624.545.38$71,637
Feb 2001415,76127.755.77$91,006
Jan 2001013,98227.478.40$117,431
Dec 200009,69326.889.12$88,424
Nov 2000010,63932.215.66$60,195
Oct 200015410,06831.235.15$56,614
Sep 2000212,15531.875.19$63,106
Aug 2000113,64429.644.54$61,984
Jul 2000014,65428.534.09$59,931
Jun 2000214,26829.304.40$62,799
May 2000012,98627.263.68$47,785
Apr 2000314,11224.513.12$44,047
Mar 2000415,85528.422.86$45,455
Feb 200019514,49827.622.73$44,915
Jan 2000116,37625.272.48$40,646
Dec 1999016,51524.282.42$40,028
Nov 1999016,78223.192.43$40,847
Oct 1999117,64420.982.80$49,490
Sep 1999215,85921.752.62$41,576
Aug 1999019,86419.262.88$57,121
Jul 1999121,66217.892.37$51,408
Jun 1999122,55515.942.36$53,293
May 199918725,74215.792.32$62,700
Apr 1999025,13215.102.21$55,493
Mar 1999328,40612.471.84$52,257
Feb 1999126,1339.981.82$47,514
Jan 199918931,97410.381.90$62,711
Dec 1998034,5269.201.77$61,226
Nov 1998030,75310.892.19$67,217
Oct 199818136,95112.421.97$75,012
Sep 199818439,90512.592.08$85,424
Aug 199819151,99611.301.91$101,333
Jul 199818358,25511.742.24$132,481
Jun 199819263,87311.242.24$145,059
May 199819070,78312.622.21$158,569
Apr 199818880,46013.042.51$204,030
Mar 1998378108,99712.802.31$256,560
Feb 199839096,08813.952.30$226,359
Jan 1998320,74114.702.15$44,737
Dec 1997150016.322.41$1,222

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 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 55.21 =         $0
Gas                  824 Mcf  × $  2.96 =     $2,435

────────────────────────────────────────────────────
Month total                                   $2,435

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/166579 is the state's own key, not one this site invented.