PALMYRA

Operated by MAG EXPLORATION LLC (P-5 102971) in the LOPENO (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 170339District 04Field 548660052 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Aug 1998 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
334
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 311 leases and 311 wells, and the rule below applies to all of them.

Discovered
2005-07-11
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2005-07-11.

The Commission's schedule remark for this field reads: THERE IS NO BETWEEN WELL SPACING. NO P-15 AND PLATS REQUIRED.

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 Gas111999-11-04140840
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
CondensateDisposition3,847 bbl$90,401
GasProduction1,347,595 Mcf$5,059,418
Total$5,149,819

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 26.6749, -99.1294. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.67493, -99.12935 · 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
8,640 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 8,640 ft.

Completions filed
Aug 1998
1 of 1 wells

1 well

42-5053381538,640 ftAug 1998

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 (334)

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

334 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 2015096555.212.96$2,852
Apr 2015099249.822.71$2,685
Mar 201501,89742.892.93$5,567
Feb 201501,28444.662.98$3,821
Jan 201501,77943.433.10$5,516
Dec 201401,42054.693.59$5,100
Nov 201401,82970.464.25$7,777
Oct 201402,04078.303.90$7,958
Sep 201402,02886.164.05$8,204
Aug 201402,12989.394.04$8,591
Jul 201402,27696.564.18$9,513
Jun 201401,72198.164.74$8,152
May 201402,42194.734.73$11,443
Apr 201402,33595.944.81$11,229
Mar 201402,06095.895.06$10,417
Feb 201402,20997.406.19$13,678
Jan 201401,29390.404.86$6,285
Dec 201302,44291.824.35$10,634
Nov 201302,39488.853.74$8,949
Oct 201302,11497.423.78$7,990
Sep 201302,576104.113.72$9,577
Aug 201302,827104.253.52$9,958
Jul 201302,808102.523.72$10,439
Jun 201302,86894.403.93$11,281
May 201302,38094.834.15$9,875
Apr 201302,15293.964.28$9,216
Mar 201303,05993.623.91$11,969
Feb 201302,80391.233.42$9,586
Jan 201302,09191.603.42$7,151
Dec 201201,63286.773.42$5,582
Nov 201203,16786.953.62$11,480
Oct 201203,49689.383.40$11,885
Sep 201202,88994.672.92$8,431
Aug 201203,02892.662.91$8,806
Jul 2012056085.133.02$1,692
Jun 20120079.822.52$0
May 2012762091.612.49$7,012
Apr 20120938101.652.00$1,873
Mar 201201,167105.052.22$2,593
Feb 201201,103101.102.57$2,835
Jan 201202,46998.092.73$6,750
Dec 201102,32296.873.24$7,523
Nov 201102,46995.723.31$8,176
Oct 201102,57584.983.65$9,395
Sep 201102,40483.623.99$9,582
Aug 201102,53083.404.15$10,498
Jul 201102,54894.144.52$11,510
Jun 201102,55192.904.64$11,836
May 201102,63998.134.40$11,624
Apr 201102,737105.964.33$11,860
Mar 201102,98596.364.06$12,111
Feb 201101,56985.644.18$6,558
Jan 201102,89486.504.59$13,280
Dec 201003,07885.734.35$13,382
Nov 201003,07980.843.80$11,686
Oct 201003,15078.103.51$11,053
Sep 20100072.633.98$0
Aug 201003,16773.684.42$13,996
Jul 201003,15772.554.74$14,953
Jun 201003,08370.364.91$15,139
May 201003,22171.124.24$13,642
Apr 201003,22281.694.12$13,283
Mar 201003,39578.394.39$14,900
Feb 201003,24573.585.44$17,660
Jan 201003,03574.365.96$18,101
Dec 200903,77271.445.48$20,685
Nov 200903,92974.593.75$14,740
Oct 200904,39472.544.11$18,060
Sep 200904,51465.543.06$13,834
Aug 200901,99367.423.22$6,414
Jul 2009067961.133.46$2,352
Jun 200918483466.163.90$15,422
May 2009084254.743.93$3,305
Apr 2009095546.773.59$3,426
Mar 2009095842.144.06$3,889
Feb 200901,15932.814.63$5,370
Jan 200901,07335.865.37$5,763
Dec 200801,13837.105.98$6,802
Nov 2008098455.496.86$6,751
Oct 200801,27075.246.92$8,791
Sep 20080891101.767.88$7,018
Aug 200801,158114.228.48$9,823
Jul 200801,287131.0811.39$14,658
Jun 20080928131.3313.03$12,094
May 200801,202123.1711.57$13,912
Apr 200801,491110.3110.45$15,588
Mar 20080971101.909.66$9,384
Feb 2008098892.538.77$8,665
Jan 200801,49390.388.21$12,251
Dec 2007095288.337.30$6,951
Nov 200701,68491.677.29$12,279
Oct 200702,97282.856.92$20,572
Sep 200701,59275.846.24$9,941
Aug 200704669.066.39$294
Jul 200701,99370.906.39$12,731
Jun 200701,62462.007.55$12,259
May 2007046358.747.85$3,633
Apr 200701,71359.617.81$13,370
Mar 200702,71656.927.30$19,832
Feb 200703,50255.108.22$28,772
Jan 200703,66750.306.73$24,667
Dec 200603,87056.656.92$26,774
Nov 200604,03054.207.62$30,698
Oct 200603,93254.906.01$23,646
Sep 200603,84060.085.04$19,343
Aug 200604,08368.717.34$29,969
Jul 200604,10669.376.34$26,043
Jun 200603,99866.286.38$25,523
May 200604,20166.016.42$26,991
Apr 200604,00364.397.36$29,464
Mar 200604,19956.707.08$29,741
Feb 200603,82857.597.75$29,671
Jan 200604,29560.598.93$38,369
Dec 200504,44054.9413.42$59,564
Nov 200504,29654.6910.59$45,488
Oct 200504,12158.3413.80$56,852
Sep 200504,28261.4512.08$51,722
Aug 200503,92161.519.80$38,413
Jul 200503,90055.697.84$30,590
Jun 200503,57152.337.38$26,358
May 200504,49245.226.65$29,877
Apr 200504,65649.207.36$34,270
Mar 200504,70350.377.15$33,649
Feb 200504,25145.226.31$26,832
Jan 200505,78043.166.32$36,542
Dec 200404,78139.866.75$32,277
Nov 20041163,39945.286.33$26,770
Oct 200404,26449.706.52$27,780
Sep 200404,07643.245.28$21,537
Aug 200404,50242.375.55$24,989
Jul 200403,85238.286.08$23,436
Jun 200403,69836.106.43$23,789
May 200406,04137.486.49$39,234
Apr 200406,05834.475.86$35,491
Mar 200406,28534.365.53$34,757
Feb 200405,95432.455.51$32,804
Jan 200404,65632.036.30$29,331
Dec 200305,32630.266.30$33,563
Nov 200306,07828.804.60$27,929
Oct 200306,46228.174.76$30,757
Sep 200306,10826.314.75$29,009
Aug 200306,13729.765.13$31,481
Jul 200306,93329.415.17$35,849
Jun 200306,39128.565.98$38,237
May 200306,80526.595.97$40,644
Apr 200308,25926.675.41$44,659
Mar 20031644,03731.146.10$29,717
Feb 200303,85633.487.93$30,562
Jan 200304,85530.315.58$27,101
Dec 200205,53926.914.85$26,885
Nov 200205,37324.664.14$22,228
Oct 200207,53726.464.23$31,875
Sep 20021875,62327.443.64$25,572
Aug 200207,45325.963.16$23,582
Jul 200206,50124.583.06$19,905
Jun 200206,38823.733.34$21,325
May 200227,60224.663.58$27,295
Apr 200208,37523.653.51$29,416
Mar 200208,36822.003.10$25,964
Feb 200229,44418.222.38$22,472
Jan 20021895,94517.172.38$17,369
Dec 200104,87416.932.36$11,524
Nov 200119,71018.072.41$23,376
Oct 200125,92919.782.53$15,033
Sep 200107,41824.262.25$16,700
Aug 20011438,97524.873.05$30,959
Jul 200118,22223.933.20$26,310
Jun 200108,17524.563.82$31,263
May 200106,93325.524.31$29,863
Apr 2001758,01924.685.34$44,635
Mar 200119,40524.545.38$50,590
Feb 200118210,64927.755.77$66,464
Jan 2001010,33227.478.40$86,776
Dec 200007,33826.889.12$66,941
Nov 200008,60532.215.66$48,687
Oct 2000288,87031.235.15$46,515
Sep 2000010,40431.875.19$53,960
Aug 2000010,61229.644.54$48,186
Jul 20009110,21628.534.09$44,377
Jun 2000011,84629.304.40$52,090
May 2000113,51627.263.68$49,763
Apr 200018612,47524.513.12$43,431
Mar 2000114,62428.422.86$41,849
Feb 2000114,41327.622.73$39,325
Jan 200018613,55925.272.48$38,333
Dec 1999015,49424.282.42$37,553
Nov 1999015,27123.192.43$37,169
Oct 199918319,95120.982.80$59,776
Sep 199917818,52421.752.62$52,383
Aug 1999022,60819.262.88$65,012
Jul 199919127,02917.892.37$67,540
Jun 199918228,54515.942.36$70,327
May 1999132,95715.792.32$76,510
Apr 199936633,20715.102.21$78,849
Mar 1999238,86312.471.84$71,468
Feb 199918432,8919.981.82$61,625
Jan 199918941,98210.381.90$81,726
Dec 199836750,8899.201.77$93,619
Nov 1998074,30810.892.19$162,416
Oct 199818159,79312.421.97$119,993
Sep 1998233,99712.592.08$70,828
Aug 1998243,86511.301.91$83,689

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                  965 Mcf  × $  2.96 =     $2,852

────────────────────────────────────────────────────
Month total                                   $2,852

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/170339 is the state's own key, not one this site invented.