PERKINS-LAGASSE

Operated by BASIN OIL & GAS OPERATING, LLC (P-5 54430) in the SAXET ( 5,700 FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 287367District 04Field 81283636CondensateGasSaveExport
Value, all time
$2.9 M
Nov 2018 – May 2026
Value, last 12 filed months
$311 k
at the published price for each month
Months reported
91
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 6 leases and 7 wells, and the rule below applies to all of them.

Discovered
not filed
Field class
Oil and 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: FIELD CHANGED FROM EXEMPT TO PRORATED EFFECTIVE 03/01/2020;

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
CondensateDisposition41,979 bbl$2,566,727
GasProduction99,227 Mcf$307,917
Total$2,874,644

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 27.8013, -97.5349. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.80132, -97.53492 · 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
7,000 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 7,000 ft.

Completions filed
Nov 2018
1 of 1 wells

1 well

42-3553416147,000 ftNov 2018

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 (91)

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

91 months

May 2026354191106.413.05$38,251
Apr 202608898.932.87$253
Mar 2026179089.753.15$16,065
Feb 2026367063.503.75$23,305
Jan 2026359059.138.00$21,228
Dec 202554826356.664.41$32,210
Nov 202535721558.593.93$21,761
Oct 202554235059.383.30$33,341
Sep 202535655762.743.08$24,049
Aug 202553882263.933.01$36,872
Jul 202553862866.743.32$37,988
Jun 202534770466.483.13$25,271
May 202552064360.553.23$33,564
Apr 202551549762.363.54$33,876
Mar 202551965267.704.27$37,919
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 202436069.052.20$2,486
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 202434016175.632.06$26,046
Jul 20247241,37779.932.15$60,825
Jun 2024014578.082.63$382
May 202452868778.812.20$43,122
Apr 2024072584.451.66$1,203
Mar 202416649380.301.55$14,092
Feb 20240076.091.78$0
Jan 2024024573.023.30$808
Dec 202349951971.262.61$36,914
Nov 202317552577.892.81$15,105
Oct 202334939385.443.09$31,032
Sep 202334358589.042.74$32,141
Aug 202334662680.522.67$29,533
Jul 202317995374.852.64$15,916
Jun 202317849768.962.26$13,397
May 202318119570.622.23$13,217
Apr 202335869578.122.24$29,522
Mar 202351732272.852.39$38,434
Feb 202353237875.112.47$40,891
Jan 202318132876.533.39$14,963
Dec 20221821,05376.415.73$19,939
Nov 202217861185.005.65$18,580
Oct 202217668387.185.86$19,349
Sep 202235884084.888.16$37,245
Aug 202235176394.529.13$40,141
Jul 2022340854101.587.54$40,978
Jun 2022168225115.097.98$21,130
May 2022174263109.378.43$21,248
Apr 2022355573104.226.84$40,916
Mar 2022366625108.885.08$43,023
Feb 202252750391.054.86$50,427
Jan 202235773581.844.54$32,552
Dec 202153260871.323.90$40,313
Nov 202136362277.435.24$31,364
Oct 202153574979.795.71$46,967
Sep 202168862069.865.35$51,381
Aug 20213171,81166.024.22$28,572
Jul 202170974970.783.98$53,166
Jun 2021675069.493.38$46,906
May 202134152163.483.02$23,219
Apr 202154869960.362.76$35,005
Mar 202154988261.302.72$36,050
Feb 202154077757.805.55$35,523
Jan 202169381150.412.81$37,213
Dec 202089196044.642.68$42,343
Nov 202089859138.772.71$36,415
Oct 20208851,15136.972.48$35,571
Sep 202072069737.091.99$28,093
Aug 202086386939.982.39$36,575
Jul 202089995038.371.83$36,228
Jun 20201,0721,08234.901.69$39,242
May 20201401,18516.921.81$4,519
Apr 20208601,27614.751.80$14,987
Mar 20205271,11830.341.86$18,064
Feb 20207281,67349.881.98$39,626
Jan 20208921,66957.252.09$54,563
Dec 20199071,73059.012.30$57,509
Nov 20198531,89955.302.75$52,394
Oct 20191,0971,85353.472.42$63,138
Sep 20197231,35655.052.66$43,404
Aug 20191,2652,00053.112.30$71,793
Jul 20191,0921,98556.272.46$66,330
Jun 20191,2281,99852.782.49$69,791
May 20191,2344,58658.482.74$84,731
Apr 20198939,01462.632.75$80,723
Mar 20191,25313,71356.803.06$113,161
Feb 201936611,52350.852.79$50,786
Jan 201902,31346.033.23$7,467
Dec 20180046.594.19$0
Nov 20180052.934.24$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.

May 2026 — as filed, then multipliedworked
Condensate           354 bbl  × $106.41 =    $37,669
Gas                  191 Mcf  × $  3.05 =       $582

────────────────────────────────────────────────────
Month total                                  $38,251

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/287367 is the state's own key, not one this site invented.