PRINCE GAS UNIT 1

Operated by PEDERNALES PETROLEUM OP, LLC (P-5 650201) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 115875District 06Field 66461275NGPA filingCondensateGasSaveExport
Value, all time
$2.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
401
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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

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
CondensateDisposition1,557 bbl$66,479
GasProduction518,784 Mcf$1,910,458
Total$1,976,937

124,704 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.3250, -94.8388. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.32498, -94.83885 · 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
11,018 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 11,018 ft.

Completions filed
Mar 1985
1 of 1 wells

1 well

42-40131987111,018 ftMar 1985

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 (401)

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

401 months

May 20260688106.413.05$2,096
Apr 2026059798.932.87$1,713
Mar 2026064689.753.15$2,035
Feb 2026053563.503.75$2,006
Jan 2026055959.138.00$4,471
Dec 2025053856.664.41$2,374
Nov 2025059258.593.93$2,324
Oct 2025060359.383.30$1,993
Sep 2025060762.743.08$1,868
Aug 2025061363.933.01$1,848
Jul 2025077866.743.32$2,579
Jun 2025068766.483.13$2,149
May 20257769560.553.23$6,909
Apr 2025073562.363.54$2,604
Mar 20250167.704.27$4
Feb 2025069770.884.34$3,026
Jan 2025082474.324.28$3,526
Dec 2024085668.993.12$2,672
Nov 2024080769.052.20$1,774
Oct 2024085771.372.28$1,955
Sep 2024081969.612.36$1,936
Aug 2024087675.632.06$1,808
Jul 2024082379.932.15$1,767
Jun 2024080978.082.63$2,131
May 2024083478.812.20$1,834
Apr 2024078084.451.66$1,294
Mar 2024083380.301.55$1,287
Feb 2024077476.091.78$1,381
Jan 2024094173.023.30$3,103
Dec 2023083571.262.61$2,180
Nov 2023084077.892.81$2,358
Oct 2023087785.443.09$2,708
Sep 2023078989.042.74$2,158
Aug 202301,14780.522.67$3,066
Jul 202302374.852.64$61
Jun 2023082268.962.26$1,856
May 2023075070.622.23$1,671
Apr 2023097778.122.24$2,186
Mar 2023090572.852.39$2,166
Feb 2023085975.112.47$2,118
Jan 202301,01976.533.39$3,452
Dec 202201,12176.415.73$6,422
Nov 202201,03885.005.65$5,861
Oct 2022076587.185.86$4,486
Sep 202201,04484.888.16$8,523
Aug 2022093794.529.13$8,552
Jul 20220928101.587.54$6,999
Jun 202201,035115.097.98$8,256
May 202201,000109.378.43$8,433
Apr 202201,063104.226.84$7,268
Mar 202201,016108.885.08$5,158
Feb 2022034091.054.86$1,652
Jan 2022048781.844.54$2,210
Dec 2021035071.323.90$1,365
Nov 2021030977.435.24$1,618
Oct 2021035479.795.71$2,023
Sep 2021033569.865.35$1,793
Aug 2021042866.024.22$1,806
Jul 2021038870.783.98$1,545
Jun 2021039569.493.38$1,335
May 2021041163.483.02$1,240
Apr 2021040160.362.76$1,106
Mar 2021034361.302.72$932
Feb 2021031857.805.55$1,764
Jan 202116238350.412.81$9,243
Dec 2020049844.642.68$1,332
Nov 2020032238.772.71$872
Oct 2020024936.972.48$617
Sep 2020028437.091.99$565
Aug 2020029539.982.39$704
Jul 202007538.371.83$137
Jun 2020033134.901.69$559
May 2020031016.921.81$563
Apr 2020027714.751.80$500
Mar 2020029030.341.86$538
Feb 2020031949.881.98$632
Jan 2020032657.252.09$683
Dec 2019030159.012.30$694
Nov 2019028655.302.75$787
Oct 2019030153.472.42$728
Sep 20191528755.052.66$1,588
Aug 2019028553.112.30$657
Jul 2019017356.272.46$426
Jun 2019019552.782.49$486
May 2019022858.482.74$625
Apr 2019019962.632.75$547
Mar 2019028856.803.06$882
Feb 2019026650.852.79$743
Jan 2019029946.033.23$965
Dec 2018029546.594.19$1,235
Nov 2018018452.934.24$780
Oct 2018030761.443.40$1,043
Sep 2018029559.543.11$917
Aug 2018032159.403.07$984
Jul 2018031665.142.93$926
Jun 2018032560.183.08$1,000
May 2018033365.382.90$966
Apr 2018029463.842.90$853
Mar 2018030661.222.79$853
Feb 2018028361.782.77$783
Jan 2018030862.874.01$1,235
Dec 2017032157.272.92$938
Nov 2017029455.423.12$917
Oct 20171030649.292.98$1,406
Sep 2017029547.523.09$911
Aug 2017033345.373.00$1,000
Jul 2017012043.873.09$370
Jun 2017025442.493.09$784
May 2017028745.373.26$937
Apr 2017029247.933.21$938
Mar 2017030346.772.98$904
Feb 2017044750.452.95$1,320
Jan 2017056449.413.42$1,928
Dec 20163247148.763.72$3,314
Nov 20169478742.492.64$6,075
Oct 20162490646.193.09$3,908
Sep 2016086941.553.10$2,694
Aug 2016092541.442.92$2,705
Jul 2016091341.622.92$2,670
Jun 2016078945.352.69$2,119
May 2016087442.521.99$1,740
Apr 2016074236.561.99$1,477
Mar 20162476733.011.79$2,168
Feb 2016066526.472.06$1,372
Jan 2016064927.352.36$1,534
Dec 2015073832.362.00$1,477
Nov 2015076738.792.17$1,662
Oct 2015086243.552.43$2,092
Sep 2015029142.992.76$803
Aug 2015032940.162.87$945
Jul 2015036548.152.95$1,075
Jun 2015035856.152.88$1,032
May 2015029955.212.96$884
Apr 2015036049.822.71$974
Mar 2015032642.892.93$957
Feb 2015030044.662.98$893
Jan 2015050643.433.10$1,569
Dec 201409854.693.59$352
Nov 201409070.464.25$383
Oct 2014079778.303.90$3,109
Sep 2014080886.164.05$3,269
Aug 2014085789.394.04$3,458
Jul 2014088396.564.18$3,691
Jun 2014080398.164.74$3,804
May 2014085194.734.73$4,022
Apr 2014085395.944.81$4,102
Mar 2014089295.895.06$4,511
Feb 2014073897.406.19$4,570
Jan 2014078890.404.86$3,830
Dec 2013079091.824.35$3,440
Nov 2013073088.853.74$2,729
Oct 201301,00397.423.78$3,791
Sep 20130943104.113.72$3,506
Aug 20130869104.253.52$3,061
Jul 20130805102.523.72$2,993
Jun 2013062194.403.93$2,443
May 2013086394.834.15$3,581
Apr 2013090393.964.28$3,867
Mar 2013086993.623.91$3,400
Feb 2013082591.233.42$2,821
Jan 201301,18591.603.42$4,053
Dec 2012083286.773.42$2,846
Nov 2012091986.953.62$3,331
Oct 2012096389.383.40$3,274
Sep 2012098694.672.92$2,878
Aug 201201,04292.662.91$3,030
Jul 2012095885.133.02$2,894
Jun 201201,02479.822.52$2,580
May 201201,28091.612.49$3,185
Apr 20120946101.652.00$1,889
Mar 20120840105.052.22$1,867
Feb 20120848101.102.57$2,180
Jan 201201,05798.092.73$2,890
Dec 201101,12696.873.24$3,648
Nov 201101,16895.723.31$3,868
Oct 2011087584.983.65$3,192
Sep 2011087783.623.99$3,496
Aug 2011091083.404.15$3,776
Jul 201101,01194.144.52$4,567
Jun 2011097492.904.64$4,519
May 2011096198.134.40$4,233
Apr 20110927105.964.33$4,017
Mar 2011090796.364.06$3,680
Feb 2011089085.644.18$3,720
Jan 201101,19886.504.59$5,497
Dec 201001,00085.734.35$4,348
Nov 201001,06980.843.80$4,057
Oct 201001,09378.103.51$3,835
Sep 201001,03272.633.98$4,107
Aug 201001,15673.684.42$5,109
Jul 201001,09672.554.74$5,191
Jun 201001,11570.364.91$5,475
May 201001,33371.124.24$5,646
Apr 201001,29481.694.12$5,335
Mar 201001,44178.394.39$6,324
Feb 201001,22173.585.44$6,645
Jan 201001,22774.365.96$7,318
Dec 200901,41871.445.48$7,776
Nov 200901,21174.593.75$4,543
Oct 200901,29572.544.11$5,323
Sep 200951,34965.543.06$4,462
Aug 200901,37667.423.22$4,429
Jul 200901,43561.133.46$4,972
Jun 200901,02966.163.90$4,008
May 200901,10454.743.93$4,334
Apr 200901,29246.773.59$4,635
Mar 200901,35442.144.06$5,496
Feb 200901,25432.814.63$5,810
Jan 2009201,42435.865.37$8,366
Dec 200801,45337.105.98$8,685
Nov 200801,30955.496.86$8,980
Oct 200802,78675.246.92$19,285
Sep 200801,373101.767.88$10,815
Aug 2008281,405114.228.48$15,117
Jul 200801,445131.0811.39$16,458
Jun 2008161,154131.3313.03$17,141
May 200801,195123.1711.57$13,831
Apr 200801,196110.3110.45$12,504
Mar 200801,254101.909.66$12,119
Feb 2008211,14792.538.77$12,003
Jan 200801,33990.388.21$10,987
Dec 200701,42588.337.30$10,405
Nov 2007101,32391.677.29$10,564
Oct 200701,58182.856.92$10,944
Sep 200701,28175.846.24$7,999
Aug 200701,61069.066.39$10,285
Jul 200701,74070.906.39$11,115
Jun 200701,78362.007.55$13,459
May 200701,58258.747.85$12,413
Apr 200701,32859.617.81$10,365
Mar 200701,62256.927.30$11,844
Feb 200701,62355.108.22$13,335
Jan 200702,18050.306.73$14,665
Dec 200601,96456.656.92$13,588
Nov 2006152,32554.207.62$18,524
Oct 2006112,10254.906.01$13,245
Sep 20067098460.085.04$9,162
Aug 200602,80168.717.34$20,559
Jul 2006853,33569.376.34$27,050
Jun 200602,40866.286.38$15,372
May 200603,04466.016.42$19,558
Apr 2006143,39164.397.36$25,861
Mar 200610049956.707.08$9,204
Feb 2006064757.597.75$5,015
Jan 2006298560.598.93$8,921
Dec 200501,09654.9413.42$14,703
Nov 200501,92454.6910.59$20,372
Oct 200503,05758.3413.80$42,174
Sep 200502,79061.4512.08$33,700
Aug 200501,79861.519.80$17,615
Jul 200501,91455.697.84$15,013
Jun 200502,53352.337.38$18,696
May 200502,32745.226.65$15,477
Apr 200503,01449.207.36$22,184
Mar 200504,01850.377.15$28,748
Feb 200503,25845.226.31$20,564
Jan 200503,67443.166.32$23,228
Dec 200403,12739.866.75$21,111
Nov 200403,61745.286.33$22,897
Oct 200403,39949.706.52$22,145
Sep 200403,23143.245.28$17,072
Aug 200405,35742.375.55$29,735
Jul 200407,83438.286.08$47,663
Jun 200409,39736.106.43$60,451
May 20041794,21637.486.49$34,090
Apr 2004030634.475.86$1,793
Mar 2004083834.365.53$4,634
Feb 2004079532.455.51$4,380
Jan 2004099032.036.30$6,237
Dec 2003051630.266.30$3,252
Nov 2003090628.804.60$4,163
Oct 2003078028.174.76$3,713
Sep 2003082926.314.75$3,937
Aug 2003088229.765.13$4,524
Jul 2003082729.415.17$4,276
Jun 2003078428.565.98$4,691
May 200301,01626.595.97$6,068
Apr 200301,10826.675.41$5,991
Mar 200301,03931.146.10$6,334
Feb 2003093833.487.93$7,434
Jan 200301,03530.315.58$5,777
Dec 2002098726.914.85$4,791
Nov 2002099624.664.14$4,120
Oct 200201,22226.464.23$5,168
Sep 2002098027.443.64$3,563
Aug 200201,04825.963.16$3,316
Jul 200201,13724.583.06$3,481
Jun 200201,08723.733.34$3,629
May 200201,02324.663.58$3,666
Apr 20023541,13523.653.51$12,359
Mar 2002097422.003.10$3,022
Feb 2002098818.222.38$2,347
Jan 200201,14317.172.38$2,715
Dec 200101,10516.932.36$2,613
Nov 200101,44418.072.41$3,474
Oct 2001063319.782.53$1,601
Sep 200101,26224.262.25$2,841
Aug 200101,33224.873.05$4,067
Jul 200101,10023.933.20$3,517
Jun 2001097824.563.82$3,740
May 200101,41425.524.31$6,091
Apr 200101,03524.685.34$5,522
Mar 200101,31524.545.38$7,070
Feb 200101,00127.755.77$5,773
Jan 200101,15627.478.40$9,709
Dec 200001,48226.889.12$13,520
Nov 200001,13832.215.66$6,439
Oct 200001,48031.235.15$7,615
Sep 200001,47731.875.19$7,660
Aug 200001,48629.644.54$6,748
Jul 200001,62528.534.09$6,646
Jun 200001,60529.304.40$7,058
May 200001,69327.263.68$6,230
Apr 200001,26524.513.12$3,942
Mar 200001,58428.422.86$4,530
Feb 200001,50427.622.73$4,101
Jan 200001,56425.272.48$3,880
Dec 199901,65224.282.42$4,004
Nov 199901,67023.192.43$4,065
Oct 199901,59420.982.80$4,469
Sep 199901,48921.752.62$3,899
Aug 199901,67219.262.88$4,808
Jul 199901,52317.892.37$3,613
Jun 199901,41815.942.36$3,349
May 199901,46715.792.32$3,405
Apr 199901,56115.102.21$3,447
Mar 199901,48612.471.84$2,732
Feb 199901,5129.981.82$2,749
Jan 199901,60610.381.90$3,051
Dec 199801,6489.201.77$2,922
Nov 199801,54110.892.19$3,368
Oct 199801,70812.421.97$3,363
Sep 19981891,59012.592.08$5,691
Aug 199801,65311.301.91$3,153
Jul 199801,59711.742.24$3,573
Jun 199801,32811.242.24$2,971
May 199801,66112.622.21$3,665
Apr 199801,66513.042.51$4,171
Mar 199801,87112.802.31$4,321
Feb 199802,43913.952.30$5,608
Jan 1998020514.702.15$442
Dec 199701,48616.322.41$3,583
Nov 199701,59718.193.09$4,932
Oct 199701,76019.253.15$5,544
Sep 199701,76217.742.95$5,207
Aug 199701,60117.862.55$4,090
Jul 199702,14817.582.25$4,826
Jun 199701,40517.242.26$3,171
May 199701,78818.972.31$4,128
Apr 199701,67417.882.08$3,487
Mar 199701,87518.951.94$3,636
Feb 199701,34120.492.21$2,958
Jan 199701,53823.483.54$5,444
Dec 199601,66723.32$0
Nov 199601,80921.97$0
Oct 199602,01923.31$0
Sep 199601,80822.22$0
Aug 199601,89420.26$0
Jul 199601,90519.55$0
Jun 199601,75318.73$0
May 199601,97719.43$0
Apr 199601,81821.51$0
Mar 199602,12119.38$0
Feb 199601,93216.98$0
Jan 199602,01417.07$0
Dec 199502,10517.19$0
Nov 199502,01616.00$0
Oct 199501,87615.43$0
Sep 199502,22416.18$0
Aug 199502,37915.92$0
Jul 199502,44615.24$0
Jun 199502,34316.41$0
May 199502,44117.56$0
Apr 199502,41717.73$0
Mar 199502,51916.44$0
Feb 199502,19316.58$0
Jan 199502,40515.92$0
Dec 199402,51515.03$0
Nov 199402,53815.90$0
Oct 199402,65915.58$0
Sep 199402,61815.29$0
Aug 199402,32116.13$0
Jul 199402,62417.56$0
Jun 199402,63217.09$0
May 199402,68515.88$0
Apr 199402,12314.14$0
Mar 199403,36612.46$0
Feb 199402,65612.50$0
Jan 199403,07312.66$0
Dec 199302,63112.33$0
Nov 199302,69814.49$0
Oct 199302,88615.85$0
Sep 199302,91615.03$0
Aug 199303,25615.66$0
Jul 199303,08215.46$0
Jun 199303,94616.79$0
May 199304,05017.68$0
Apr 199304,82918.05$0
Mar 199303,85518.14$0
Feb 199303,91117.90$0
Jan 199304,75316.93$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             0 bbl  × $106.41 =         $0
Gas                  688 Mcf  × $  3.05 =     $2,096

────────────────────────────────────────────────────
Month total                                   $2,096

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. 06/G/115875 is the state's own key, not one this site invented.