STATE TRACT 975

Operated by MEGO RESOURCES, LLC (P-5 559362) in the WHITE POINT, EAST (8750) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 285472District 04Field 96979940CondensateGasSaveExport
Value, all time
$963 k
May 2018 – Jan 2022
Value, last 12 filed months
$83 k
at the published price for each month
Months reported
45
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1972-02-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition3,734 bbl$210,207
GasProduction267,451 Mcf$753,023
Total$963,230

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 27.8616, -97.4676. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.86163, -97.46762 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,180 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
1100.0%
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.
00.0%

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 9,180 ft.

Completions filed
Jan 2023
1 of 1 wells

1 well

42-4093299019,180 ftJan 2023Yes

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 (45)

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

45 months

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 2021254070.783.98$17,978
Jun 2021079169.493.38$2,674
May 202119660063.483.02$14,253
Apr 20211931,42660.362.76$15,583
Mar 202138349861.302.72$24,831
Feb 202101,35257.805.55$7,501
Jan 202101,26450.412.81$3,552
Dec 2020081844.642.68$2,189
Nov 202001,45138.772.71$3,927
Oct 2020047036.972.48$1,165
Sep 2020026837.091.99$534
Aug 2020041939.982.39$999
Jul 202002,73038.371.83$4,983
Jun 20201926,12034.901.69$17,046
May 202007,14616.921.81$12,968
Apr 202007,53214.751.80$13,591
Mar 20201938,45430.341.86$21,548
Feb 202005,85149.881.98$11,589
Jan 202007,53457.252.09$15,782
Dec 20191976,40559.012.30$26,384
Nov 201907,67855.302.75$21,120
Oct 20191568,06353.472.42$27,842
Sep 201907,86455.052.66$20,897
Aug 201908,25253.112.30$19,016
Jul 20191809,47656.272.46$33,440
Jun 20191969,75052.782.49$34,634
May 201909,77858.482.74$26,795
Apr 20191957,66262.632.75$33,289
Mar 201907,69556.803.06$23,563
Feb 20191909,89250.852.79$37,282
Jan 2019010,30646.033.23$33,270
Dec 201819012,24846.594.19$60,115
Nov 20181919,78552.934.24$51,571
Oct 2018015,58061.443.40$52,942
Sep 201819914,78159.543.11$57,788
Aug 201818514,04459.403.07$54,056
Jul 201819117,27065.142.93$63,075
Jun 201819110,88560.183.08$44,987
May 20186215,31365.382.90$48,474

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.

Jul 2021 — as filed, then multipliedworked
Condensate           254 bbl  × $ 70.78 =    $17,978
Gas                    0 Mcf  × $  3.98 =         $0

────────────────────────────────────────────────────
Month total                                  $17,978

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/285472 is the state's own key, not one this site invented.