STATE TRACT 975

Operated by MEGO RESOURCES, LLC (P-5 559362) in the WHITE POINT, EAST (8200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 276880District 04Field 96979920CondensateGasSaveExport
Value, all time
$6.8 M
Mar 2015 – May 2026
Value, last 12 filed months
$259 k
at the published price for each month
Months reported
135
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1953-01-16
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 120181 PER AMENDMENT TO SWR 28 & 29

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
CondensateDisposition54,485 bbl$3,418,376
GasProduction1,236,951 Mcf$3,393,665
Total$6,812,042

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 27.8653, -97.4671. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.86529, -97.46714 · 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
8,796 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 8,796 ft.

Completions filed
May 2021
1 of 1 wells

1 well

42-4093299428,796 ftMay 2021

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 (135)

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

135 months

May 2026188945106.413.05$22,883
Apr 202619497498.932.87$21,988
Mar 202638875789.753.15$37,207
Feb 202619253863.503.75$14,210
Jan 202619790959.138.00$18,919
Dec 202538377456.664.41$25,117
Nov 20251971,09258.593.93$15,830
Oct 20251911,31559.383.30$15,687
Sep 20253791,10462.743.08$27,175
Aug 202519557863.933.01$14,209
Jul 202539290366.743.32$29,156
Jun 20251961,15966.483.13$16,656
May 20253911,05360.553.23$27,079
Apr 20251781,75362.363.54$17,311
Mar 20251971,67867.704.27$20,499
Feb 20253861,09870.884.34$32,126
Jan 20253991,19874.324.28$34,780
Dec 20241961,59868.993.12$18,510
Nov 20243721,39569.052.20$28,753
Oct 20243641,79871.372.28$30,081
Sep 20243621,82269.612.36$29,507
Aug 20241771,47775.632.06$16,434
Jul 20245631,74779.932.15$48,751
Jun 20243871,55478.082.63$34,310
May 20243921,60178.812.20$34,413
Apr 202439286784.451.66$34,543
Mar 20243931,51280.301.55$33,894
Feb 202458644876.091.78$45,388
Jan 20243921,61773.023.30$33,956
Dec 20233922,10171.262.61$33,419
Nov 20233901,42077.892.81$34,364
Oct 20235861,64685.443.09$55,150
Sep 20233842,03989.042.74$39,768
Aug 20233801,76980.522.67$35,326
Jul 20235691,10874.852.64$45,517
Jun 20233861,07368.962.26$29,042
May 20235821,09170.622.23$43,531
Apr 20233881,00478.122.24$32,557
Mar 20235821,06972.852.39$44,957
Feb 202338070975.112.47$30,290
Jan 202359379676.533.39$48,079
Dec 20225831,54676.415.73$53,404
Nov 20224001,75685.005.65$43,915
Oct 20225881,18287.185.86$58,193
Sep 20225671,53384.888.16$60,642
Aug 20223641,57494.529.13$48,771
Jul 20227071,820101.587.54$85,544
Jun 20223511,585115.097.98$53,040
May 20225512,318109.378.43$79,811
Apr 20225561,842104.226.84$70,541
Mar 20225931,757108.885.08$73,485
Feb 20223661,89091.054.86$42,508
Jan 20223911,55181.844.54$39,037
Dec 20213871,63571.323.90$33,976
Nov 20215882,13277.435.24$56,694
Oct 20217632,12079.795.71$72,993
Sep 20213802,52269.865.35$40,042
Aug 20215872,60066.024.22$49,727
Jul 20213833,23670.783.98$39,995
Jun 20217703,74569.493.38$66,168
May 20213805,94063.483.02$42,047
Apr 20213957,65660.362.76$44,961
Mar 20215727,40961.302.72$55,193
Feb 20213984,11757.805.55$45,845
Jan 20213926,28350.412.81$37,418
Dec 20205757,11744.642.68$44,709
Nov 202001,19738.772.71$3,240
Oct 20205742,86836.972.48$28,329
Sep 202057911,81137.091.99$44,991
Aug 20203789,55539.982.39$37,902
Jul 202078614,47738.371.83$56,581
Jun 20201,16018,31834.901.69$71,447
May 202039329,39516.921.81$59,994
Apr 202058630,79014.751.80$64,200
Mar 202076736,33430.341.86$90,715
Feb 202096836,91349.881.98$121,396
Jan 202098439,91657.252.09$139,948
Dec 201997541,72959.012.30$153,693
Nov 20191,37045,78455.302.75$201,699
Oct 20191,33250,14353.472.42$192,495
Sep 20191962,26055.052.66$16,795
Aug 2019057953.112.30$1,334
Jul 201919643156.272.46$12,089
Jun 201901,50052.782.49$3,737
May 2019086258.482.74$2,362
Apr 201916726362.632.75$11,183
Mar 201918914,01156.803.06$53,638
Feb 201938610,04050.852.79$47,662
Jan 201907,22646.033.23$23,327
Dec 20183787,74046.594.19$50,006
Nov 20181956,48652.934.24$37,804
Oct 201836610,82661.443.40$59,275
Sep 201854811,34559.543.11$67,888
Aug 20183657,34259.403.07$44,196
Jul 20184675,60665.142.93$46,857
Jun 201836525,27960.183.08$99,747
May 201872232,11265.382.90$140,355
Apr 201894829,41163.842.90$145,836
Mar 201856026,08561.222.79$106,978
Feb 201879226,64561.782.77$122,633
Jan 201855824,02362.874.01$131,397
Dec 201738815,91157.272.92$68,705
Nov 201705,48655.423.12$17,107
Oct 20171784,06649.292.98$20,905
Sep 201706,45647.523.09$19,931
Aug 201705,01545.373.00$15,067
Jul 201707,30143.873.09$22,540
Jun 20171807,41942.493.09$30,553
May 201707,64345.373.26$24,942
Apr 201719810,20947.933.21$42,277
Mar 2017010,98546.772.98$32,776
Feb 20171989,73450.452.95$38,730
Jan 201719911,07849.413.42$47,706
Dec 201619910,47948.763.72$48,715
Nov 201618910,53742.492.64$35,894
Oct 201619612,97846.193.09$49,159
Sep 20161757,95141.553.10$31,924
Aug 20161837,44041.442.92$29,341
Jul 201612312,07041.622.92$40,416
Jun 201636413,34845.352.69$52,358
May 201619415,03642.521.99$38,186
Apr 201638017,44236.561.99$48,621
Mar 201636418,45233.011.79$45,119
Feb 201619814,83526.472.06$35,855
Jan 201637418,36427.352.36$53,648
Dec 201519317,65432.362.00$41,578
Nov 20151934,98838.792.17$18,297
Oct 201518822,62143.552.43$63,079
Sep 201536921,08342.992.76$74,019
Aug 201556626,50340.162.87$98,860
Jul 201556422,30148.152.95$92,835
Jun 201537723,38456.152.88$88,581
May 201557329,11255.212.96$117,674
Apr 201576129,49849.822.71$117,751
Mar 201575332,31542.892.93$127,131

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           188 bbl  × $106.41 =    $20,005
Gas                  945 Mcf  × $  3.05 =     $2,878

────────────────────────────────────────────────────
Month total                                  $22,883

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/276880 is the state's own key, not one this site invented.