MASON, LULA

Operated by LODESTONE OPERATING, INC. (P-5 100710) in the OLETHA (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 209541District 05Field 671026202 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Feb 2005 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
256
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 88 leases and 88 wells, and the rule below applies to all of them.

Discovered
1992-02-23
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 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 1995-03-21.

The Commission's schedule remark for this field reads: DENSITY REMAINS STATEWIDE.

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 Gas112005-08-19161637
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
CondensateDisposition356 bbl$23,662
GasProduction293,612 Mcf$2,200,049
Total$2,223,711

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 31.4088, -96.3995. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.40883, -96.39947 · 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
7,806 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 7,806 ft.

Completions filed
Feb 2005
1 of 1 wells

1 well

42-29331587167,806 ftFeb 2005

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 (256)

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

256 months

May 20260170106.413.05$518
Apr 2026016798.932.87$479
Mar 2026020189.753.15$633
Feb 2026022563.503.75$844
Jan 2026022159.138.00$1,768
Dec 2025022056.664.41$971
Nov 2025021858.593.93$856
Oct 2025021359.383.30$704
Sep 2025023262.743.08$714
Aug 2025022863.933.01$687
Jul 2025023866.743.32$789
Jun 2025025966.483.13$810
May 2025027260.553.23$879
Apr 202501,50162.363.54$5,318
Mar 2025090067.704.27$3,841
Feb 202506170.884.34$265
Jan 2025036074.324.28$1,540
Dec 2024025668.993.12$799
Nov 2024011369.052.20$248
Oct 202408271.372.28$187
Sep 202408269.612.36$194
Aug 2024011475.632.06$235
Jul 2024023279.932.15$498
Jun 2024017678.082.63$464
May 2024010078.812.20$220
Apr 202409584.451.66$158
Mar 2024019380.301.55$298
Feb 2024022476.091.78$400
Jan 2024019773.023.30$650
Dec 202306471.262.61$167
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202301080.522.67$27
Jul 202314074.852.64$1,048
Jun 202301268.962.26$27
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 202301272.852.39$29
Feb 2023028875.112.47$710
Jan 2023041776.533.39$1,413
Dec 2022015976.415.73$911
Nov 202201085.005.65$56
Oct 2022012987.185.86$756
Sep 2022098784.888.16$8,058
Aug 2022031194.529.13$2,839
Jul 20220479101.587.54$3,613
Jun 20220808115.097.98$6,446
May 20220180109.378.43$1,518
Apr 20220594104.226.84$4,062
Mar 2022111,325108.885.08$7,924
Feb 2022036291.054.86$1,759
Jan 2022191,15781.844.54$6,805
Dec 202131,39671.323.90$5,657
Nov 202101,08577.435.24$5,682
Oct 2021075779.795.71$4,325
Sep 2021013469.865.35$717
Aug 2021021266.024.22$895
Jul 2021021670.783.98$860
Jun 2021028869.493.38$974
May 2021020963.483.02$631
Apr 2021022260.362.76$612
Mar 2021021861.302.72$592
Feb 2021016257.805.55$899
Jan 2021024950.412.81$700
Dec 2020029244.642.68$781
Nov 202002638.772.71$70
Oct 202003536.972.48$87
Sep 202006537.091.99$129
Aug 202009739.982.39$231
Jul 202006538.371.83$119
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 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 2012028591.612.49$709
Apr 20120219101.652.00$437
Mar 20120164105.052.22$364
Feb 20120152101.102.57$391
Jan 2012016798.092.73$457
Dec 2011017096.873.24$551
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110583.623.99$20
Aug 2011021083.404.15$871
Jul 2011024094.144.52$1,084
Jun 2011026592.904.64$1,230
May 2011025898.134.40$1,136
Apr 20110154105.964.33$667
Mar 2011026196.364.06$1,059
Feb 2011028885.644.18$1,204
Jan 2011029286.504.59$1,340
Dec 2010011885.734.35$513
Nov 2010032180.843.80$1,218
Oct 2010048278.103.51$1,691
Sep 2010052472.633.98$2,085
Aug 2010064173.684.42$2,833
Jul 2010053572.554.74$2,534
Jun 2010076770.364.91$3,766
May 2010064971.124.24$2,749
Apr 2010060481.694.12$2,490
Mar 2010055778.394.39$2,444
Feb 2010068673.585.44$3,733
Jan 201011,79074.365.96$10,750
Dec 200912,11871.445.48$11,686
Nov 200902,19274.593.75$8,223
Oct 200912,23272.544.11$9,247
Sep 200902,15265.543.06$6,595
Aug 200912,17267.423.22$7,058
Jul 200902,15161.133.46$7,452
Jun 200902,27866.163.90$8,873
May 200912,39854.743.93$9,469
Apr 200912,11346.773.59$7,627
Mar 200902,34042.144.06$9,498
Feb 200902,41332.814.63$11,179
Jan 200903,36135.865.37$18,052
Dec 200812,72537.105.98$16,325
Nov 200802,63155.496.86$18,050
Oct 200813,52075.246.92$24,441
Sep 200813,340101.767.88$26,411
Aug 200803,250114.228.48$27,570
Jul 200813,580131.0811.39$40,905
Jun 200823,594131.3313.03$47,102
May 200813,384123.1711.57$39,291
Apr 200824,026110.3110.45$42,312
Mar 200814,143101.909.66$40,140
Feb 200814,06592.538.77$35,745
Jan 2008103,31490.388.21$28,098
Dec 2007343,31788.337.30$27,224
Nov 200724,08191.677.29$29,941
Oct 200704,24882.856.92$29,405
Sep 200724,21375.846.24$26,458
Aug 200714,03369.066.39$25,832
Jul 200712,27270.906.39$14,584
Jun 200714,12162.007.55$31,169
May 2007604,74658.747.85$40,763
Apr 2007164,89659.617.81$39,168
Mar 200702,97656.927.30$21,731
Feb 200711,87855.108.22$15,485
Jan 200703,14950.306.73$21,183
Dec 200623,31556.656.92$23,048
Nov 200604,52454.207.62$34,461
Oct 200603,98254.906.01$23,947
Sep 200614,77960.085.04$24,133
Aug 200615,88068.717.34$43,227
Jul 200615,19469.376.34$33,014
Jun 200614,96866.286.38$31,781
May 200615,53766.016.42$35,641
Apr 200616,59464.397.36$48,599
Mar 200657,11056.707.08$50,643
Feb 200636,49757.597.75$50,532
Jan 200656,51760.598.93$58,521
Dec 200597,00254.9413.42$94,429
Nov 2005797,44054.6910.59$83,098
Oct 200507,72458.3413.80$106,558
Sep 200508,16761.4512.08$98,649
Aug 2005148,63261.519.80$85,427
Jul 2005188,38955.697.84$66,803
Jun 2005209,41452.337.38$70,532
May 2005111,10145.226.65$73,880
Apr 200518,58549.207.36$63,239
Mar 200516,81150.377.15$48,782
Feb 2005064245.226.31$4,052

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             0 bbl  × $106.41 =         $0
Gas                  170 Mcf  × $  3.05 =       $518

────────────────────────────────────────────────────
Month total                                     $518

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. 05/G/209541 is the state's own key, not one this site invented.