CIRCLE M ALLOC

Operated by COMSTOCK OIL & GAS, LLC (P-5 170038) in the BALD PRAIRIE (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 293250District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$86.9 M
Apr 2022 – May 2026
Value, last 12 filed months
$4.9 M
at the published price for each month
Months reported
50
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 868 leases and 868 wells, and the rule below applies to all of them.

Discovered
2001-02-22
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2011-03-08.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “PER DOCKET 05-0268631 EFFECTIVE 03/08/2011, AMENDED RULE 2 TO”

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
NGPA1none——
ST-1112022-10-11230828

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
CondensateDisposition91 bbl$7,222
GasProduction20,579,443 Mcf$86,864,305
Total$86,871,526

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 31.0867, -96.3782. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.08670, -96.37819 · 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
15,981 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 15,981 ft.

Completions filed
Apr 2022
1 of 1 wells

1 well

42-395320631H15,981 ftApr 2022——

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.

Leases whose centres are nearest (140)

Ranked by the distance between lease centres, within 5 miles. A lease has no coordinate the state files — each centre is the mean of that lease's own wells, so this measures how far apart two centres are and not whether the two leases touch.

LeaseOperatorCentres apart
KODAADAMAS ENERGY LLC0.67 mi
HOYT GAS UNITCOMSTOCK OIL & GAS, LLC0.68 mi
CIRCLE M. RANCH-HOYT GAS UNITCOMSTOCK OIL & GAS, LLC0.68 mi
HOYT GAS UNITCOMSTOCK OIL & GAS, LLC0.88 mi
DODDS, R. L. JR.COMSTOCK OIL & GAS, LLC1.14 mi
CAZEY BLACK ACOMSTOCK OIL & GAS, LLC1.36 mi
BRUNETTE UNITCOMSTOCK OIL & GAS, LLC1.49 mi
DODDS, R. L. JR.COMSTOCK OIL & GAS, LLC1.51 mi
ERS GAS UNITADAMAS ENERGY LLC1.74 mi
DODDS, R. L. JR.COMSTOCK OIL & GAS, LLC1.77 mi

The 10 nearest are listed. 140 leases in all have a centre within 5 miles of this one.

Operators who reported on those leases

Taken from the same 5-mile set above. This is who filed production, not who holds acreage — the state publishes no acreage register.

Every month this lease reported (50)

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

50 months

May 2026092,227106.413.05$280,909
Apr 2026087,37498.932.87$250,739
Mar 2026094,81089.753.15$298,598
Feb 2026067,38463.503.75$252,712
Jan 20260103,59059.138.00$828,505
Dec 20250106,34656.664.41$469,343
Nov 20250105,47558.593.93$414,141
Oct 20250113,23759.383.30$374,230
Sep 20250115,85262.743.08$356,467
Aug 20250134,69363.933.01$406,067
Jul 20250146,27066.743.32$484,914
Jun 20250150,22966.483.13$470,024
May 20250166,22760.553.23$537,299
Apr 20250172,70462.363.54$611,911
Mar 20250146,65867.704.27$625,983
Feb 20250184,95370.884.34$802,851
Jan 20250216,89374.324.28$928,016
Dec 20240229,04068.993.12$714,919
Nov 20240232,70569.052.20$511,588
Oct 20240258,87471.372.28$590,595
Sep 20240270,67069.612.36$639,961
Aug 20240322,81275.632.06$666,165
Jul 20240353,07379.932.15$757,903
Jun 20240366,21678.082.63$964,606
May 20240397,89078.812.20$874,737
Apr 20240420,55984.451.66$697,791
Mar 20240440,71780.301.55$680,965
Feb 20240483,95276.091.78$863,196
Jan 20240514,33873.023.30$1,696,112
Dec 20230625,68471.262.61$1,633,486
Nov 20230645,82077.892.81$1,813,178
Oct 20230648,40785.443.09$2,001,814
Sep 20230707,55489.042.74$1,935,188
Aug 20230769,16280.522.67$2,055,878
Jul 20230851,29574.852.64$2,248,951
Jun 20230879,39868.962.26$1,986,103
May 20230672,49570.622.23$1,497,915
Apr 20230105,81678.122.24$236,791
Mar 20237474,21272.852.39$1,135,375
Feb 202311564,27175.112.47$1,392,138
Jan 202319659,88876.533.39$2,236,970
Dec 202222897,63276.415.73$5,144,287
Nov 202224765,62485.005.65$4,324,906
Oct 202219,44487.185.86$55,465
Sep 20224866,32484.888.16$7,072,731
Aug 20223876,04094.529.13$7,996,041
Jul 20220917,901101.587.54$6,922,883
Jun 20220860,637115.097.98$6,865,473
May 20220922,044109.378.43$7,775,634
Apr 20220364,027104.226.84$2,489,071

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               92,227 Mcf  × $  3.05 =   $280,909

────────────────────────────────────────────────────
Month total                                 $280,909

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/293250 is the state's own key, not one this site invented.