BLANKENSHIP UNIT

Operated by TGNR PANOLA LLC (P-5 102948) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148587District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Jan 1994 – May 2026
Value, last 12 filed months
$60 k
at the published price for each month
Months reported
389
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and 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 40 acres. The field rule took effect on 2011-02-08.

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
High Cost Gas111994-04-25129968
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
CondensateDisposition27 bbl$429
GasProduction2,716,370 Mcf$5,612,772
Total$5,613,201

1,309,604 Mcf of this lease's gas, across 36 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 32.2184, -94.4083. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21842, -94.40832 · 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
9,850 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 9,850 ft.

Completions filed
Jan 1994
1 of 1 wells

1 well

42-3653288989,850 ftJan 1994

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 (389)

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

389 months

May 202601,566106.413.05$4,770
Apr 202601,45498.932.87$4,173
Mar 202601,04589.753.15$3,291
Feb 202601,54363.503.75$5,787
Jan 202601,79459.138.00$14,348
Dec 202501,76156.664.41$7,772
Nov 202501,68258.593.93$6,604
Oct 202501,57459.383.30$5,202
Sep 2025088562.743.08$2,723
Aug 20250063.933.01$0
Jul 202504166.743.32$136
Jun 202501,59066.483.13$4,975
May 202501,31260.553.23$4,241
Apr 202505062.363.54$177
Mar 202501,53967.704.27$6,569
Feb 202501,45270.884.34$6,303
Jan 202501,59874.324.28$6,837
Dec 202401,70668.993.12$5,325
Nov 202401,61669.052.20$3,553
Oct 202401,71871.372.28$3,919
Sep 202401,72469.612.36$4,076
Aug 202401,68775.632.06$3,481
Jul 202401,42679.932.15$3,061
Jun 202401,36878.082.63$3,603
May 202401,60878.812.20$3,535
Apr 202401,46684.451.66$2,432
Mar 202401,60080.301.55$2,472
Feb 202401,39976.091.78$2,495
Jan 202401,48673.023.30$4,900
Dec 202301,67471.262.61$4,370
Nov 202301,68377.892.81$4,725
Oct 202301,59685.443.09$4,927
Sep 202301,57789.042.74$4,313
Aug 202301,68780.522.67$4,509
Jul 202301,04974.852.64$2,771
Jun 202301,43768.962.26$3,245
May 202301,58170.622.23$3,522
Apr 202301,45878.122.24$3,263
Mar 202301,59672.852.39$3,819
Feb 202301,48675.112.47$3,664
Jan 202301,62976.533.39$5,519
Dec 202201,62876.415.73$9,327
Nov 202201,71085.005.65$9,655
Oct 202202,48887.185.86$14,589
Sep 202201,19284.888.16$9,731
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202202,209115.097.98$17,622
May 202202,474109.378.43$20,863
Apr 202202,270104.226.84$15,521
Mar 202202,140108.885.08$10,864
Feb 202201,62291.054.86$7,881
Jan 202202,27481.844.54$10,319
Dec 202102,63371.323.90$10,266
Nov 202102,88677.435.24$15,114
Oct 202103,06179.795.71$17,490
Sep 202102,94069.865.35$15,732
Aug 202102,91266.024.22$12,290
Jul 202102,82370.783.98$11,241
Jun 202102,82369.493.38$9,543
May 202102,62263.483.02$7,912
Apr 202102,44060.362.76$6,731
Mar 202102,76761.302.72$7,518
Feb 202102,34057.805.55$12,982
Jan 202102,20050.412.81$6,183
Dec 202002,37944.642.68$6,365
Nov 202002,91138.772.71$7,879
Oct 202003,02636.972.48$7,500
Sep 202002,65237.091.99$5,280
Aug 202002,77139.982.39$6,609
Jul 202002,82038.371.83$5,147
Jun 202002,78634.901.69$4,709
May 202002,90116.921.81$5,265
Apr 2020034,83214.751.80$62,850
Mar 202001,46830.341.86$2,725
Feb 202001,50949.881.98$2,989
Jan 202002,81457.252.09$5,895
Dec 201902,90659.012.30$6,696
Nov 201902,97355.302.75$8,178
Oct 201903,28953.472.42$7,955
Sep 201903,21755.052.66$8,548
Aug 201903,35653.112.30$7,733
Jul 201903,40156.272.46$8,367
Jun 201903,25952.782.49$8,119
May 201902,86158.482.74$7,840
Apr 201902,54062.632.75$6,987
Mar 201903,16856.803.06$9,701
Feb 201903,08350.852.79$8,608
Jan 201903,45246.033.23$11,144
Dec 201803,42846.594.19$14,348
Nov 201803,41252.934.24$14,457
Oct 201803,44261.443.40$11,696
Sep 201802,53459.543.11$7,876
Aug 201802,02959.403.07$6,222
Jul 201802,88765.142.93$8,464
Jun 201802,78760.183.08$8,575
May 201802,93465.382.90$8,511
Apr 201802,94963.842.90$8,554
Mar 201802,97161.222.79$8,280
Feb 201802,70161.782.77$7,471
Jan 201803,03062.874.01$12,148
Dec 201703,12057.272.92$9,115
Nov 201702,95155.423.12$9,202
Oct 201703,25549.292.98$9,712
Sep 201703,16447.523.09$9,768
Aug 201703,27845.373.00$9,848
Jul 201703,37643.873.09$10,423
Jun 201703,18742.493.09$9,839
May 201703,33145.373.26$10,870
Apr 201703,18447.933.21$10,226
Mar 201703,00846.772.98$8,975
Feb 201702,38950.452.95$7,054
Jan 201702,46649.413.42$8,431
Dec 201602,45948.763.72$9,154
Nov 201601,98442.492.64$5,246
Oct 201601,77246.193.09$5,476
Sep 201601,69541.553.10$5,256
Aug 201602,20441.442.92$6,445
Jul 201601,99141.622.92$5,822
Jun 201602,07845.352.69$5,581
May 201602,25342.521.99$4,486
Apr 201602,36636.561.99$4,711
Mar 201602,68433.011.79$4,815
Feb 201603,19626.472.06$6,595
Jan 201603,47127.352.36$8,207
Dec 201503,30032.362.00$6,605
Nov 201503,15338.792.17$6,834
Oct 201503,05043.552.43$7,401
Sep 201503,08142.992.76$8,499
Aug 201503,00740.162.87$8,638
Jul 201502,98548.152.95$8,791
Jun 201502,55456.152.88$7,363
May 201502,47955.212.96$7,327
Apr 201502,49649.822.71$6,756
Mar 201502,92142.892.93$8,572
Feb 201502,62944.662.98$7,824
Jan 201503,13543.433.10$9,720
Dec 201402,73954.693.59$9,837
Nov 201402,83270.464.25$12,041
Oct 201402,76778.303.90$10,794
Sep 201402,94486.164.05$11,910
Aug 201403,57289.394.04$14,413
Jul 201403,77996.564.18$15,795
Jun 201403,17398.164.74$15,030
May 201403,76294.734.73$17,781
Apr 201403,78095.944.81$18,178
Mar 201403,85195.895.06$19,474
Feb 201403,41697.406.19$21,152
Jan 201403,33390.404.86$16,201
Dec 201303,17491.824.35$13,821
Nov 201302,39888.853.74$8,964
Oct 201303,20097.423.78$12,094
Sep 201302,439104.113.72$9,068
Aug 201303,340104.253.52$11,766
Jul 201303,222102.523.72$11,979
Jun 201302,46194.403.93$9,680
May 201303,51594.834.15$14,584
Apr 201303,08493.964.28$13,208
Mar 201303,07793.623.91$12,040
Feb 201302,85891.233.42$9,774
Jan 201303,29891.603.42$11,279
Dec 201203,23886.773.42$11,074
Nov 201203,47686.953.62$12,600
Oct 201203,16189.383.40$10,746
Sep 201202,88294.672.92$8,411
Aug 201203,13692.662.91$9,120
Jul 201203,46785.133.02$10,473
Jun 201203,42779.822.52$8,633
May 201203,60691.612.49$8,973
Apr 201203,509101.652.00$7,007
Mar 201203,703105.052.22$8,228
Feb 201202,793101.102.57$7,179
Jan 201203,41898.092.73$9,345
Dec 201103,45196.873.24$11,180
Nov 201103,21295.723.31$10,636
Oct 201102,82784.983.65$10,314
Sep 201102,95383.623.99$11,770
Aug 201102,75783.404.15$11,440
Jul 201102,80294.144.52$12,657
Jun 201102,87592.904.64$13,340
May 201102,86198.134.40$12,602
Apr 201102,679105.964.33$11,609
Mar 201102,95696.364.06$11,994
Feb 201102,76185.644.18$11,541
Jan 201102,99686.504.59$13,748
Dec 201003,04685.734.35$13,243
Nov 201002,09380.843.80$7,944
Oct 2010086078.103.51$3,018
Sep 2010095672.633.98$3,804
Aug 2010096173.684.42$4,247
Jul 201001,37072.554.74$6,489
Jun 201001,21770.364.91$5,976
May 201001,35071.124.24$5,718
Apr 201001,61681.694.12$6,662
Mar 201002,38178.394.39$10,449
Feb 201002,12373.585.44$11,554
Jan 201002,39374.365.96$14,272
Dec 200902,65371.445.48$14,548
Nov 200902,83774.593.75$10,643
Oct 200902,56272.544.11$10,530
Sep 200901,18365.543.06$3,626
Aug 2009040767.423.22$1,310
Jul 2009059861.133.46$2,072
Jun 200901,18166.163.90$4,600
May 200901,03754.743.93$4,071
Apr 200901,27946.773.59$4,588
Mar 2009024942.144.06$1,011
Feb 200901,25532.814.63$5,814
Jan 200901,65035.865.37$8,862
Dec 200803,29637.105.98$19,701
Nov 2008096955.496.86$6,648
Oct 200801,90275.246.92$13,166
Sep 200801,505101.767.88$11,855
Aug 200801,923114.228.48$16,313
Jul 200801,789131.0811.39$20,376
Jun 200801,993131.3313.03$25,974
May 200801,453123.1711.57$16,817
Apr 200801,791110.3110.45$18,725
Mar 200801,756101.909.66$16,970
Feb 200801,86392.538.77$16,340
Jan 200801,71890.388.21$14,097
Dec 200701,75188.337.30$12,786
Nov 200702,17891.677.29$15,881
Oct 200703,18582.856.92$22,047
Sep 200703,61875.846.24$22,591
Aug 200705,21269.066.39$33,294
Jul 200705,53270.906.39$35,338
Jun 200705,52962.007.55$41,735
May 200705,82358.747.85$45,689
Apr 200705,68259.617.81$44,349
Mar 200705,94456.927.30$43,403
Feb 200704,22155.108.22$34,680
Jan 200704,13050.306.73$27,782
Dec 200605,52256.656.92$38,204
Nov 200606,15254.207.62$46,863
Oct 200605,95854.906.01$35,830
Sep 200606,09660.085.04$30,707
Aug 200606,95668.717.34$51,056
Jul 200606,84469.376.34$43,410
Jun 200606,80666.286.38$43,449
May 200607,17566.016.42$46,099
Apr 200606,94564.397.36$51,119
Mar 200604,92656.707.08$34,890
Feb 200605,15357.597.75$39,942
Jan 200606,00660.598.93$53,654
Dec 200503,76954.9413.42$50,563
Nov 200504,66654.6910.59$49,405
Oct 200505,14258.3413.80$70,938
Sep 200505,17461.4512.08$62,497
Aug 200505,06661.519.80$49,631
Jul 200503,72955.697.84$29,249
Jun 200503,96752.337.38$29,281
May 200504,13045.226.65$27,469
Apr 200504,71649.207.36$34,712
Mar 200504,40350.377.15$31,503
Feb 200504,67445.226.31$29,502
Jan 200504,85143.166.32$30,669
Dec 200405,84939.866.75$39,487
Nov 200404,26545.286.33$26,999
Oct 200404,70349.706.52$30,641
Sep 200405,16243.245.28$27,275
Aug 200405,40642.375.55$30,007
Jul 200403,05238.286.08$18,569
Jun 200403,50536.106.43$22,548
May 200404,41737.486.49$28,687
Apr 200404,44434.475.86$26,035
Mar 200404,56534.365.53$25,245
Feb 200404,51732.455.51$24,887
Jan 200405,31632.036.30$33,489
Dec 200305,87930.266.30$37,047
Nov 200306,88828.804.60$31,651
Oct 200307,92628.174.76$37,725
Sep 200303,29826.314.75$15,663
Aug 200303,42629.765.13$17,574
Jul 200303,42629.415.17$17,715
Jun 200304,48728.565.98$26,846
May 200303,02626.595.97$18,073
Apr 200302,77026.675.41$14,978
Mar 200303,23531.146.10$19,721
Feb 200303,53033.487.93$27,978
Jan 200303,62930.315.58$20,257
Dec 200205,08026.914.85$24,657
Nov 200204,36024.664.14$18,037
Oct 200202,40126.464.23$10,154
Sep 200202,48427.443.64$9,030
Aug 200202,33625.963.16$7,391
Jul 200202,41324.583.06$7,388
Jun 200202,28923.733.34$7,641
May 200202,43024.663.58$8,709
Apr 200202,40923.653.51$8,461
Mar 200202,86922.003.10$8,902
Feb 200202,68118.222.38$6,369
Jan 200202,85517.172.38$6,783
Dec 200102,92416.932.36$6,914
Nov 200102,80218.072.41$6,740
Oct 200103,05519.782.53$7,726
Sep 200103,15624.262.25$7,105
Aug 200103,10324.873.05$9,474
Jul 200103,13523.933.20$10,023
Jun 200103,62424.563.82$13,859
May 200104,26325.524.31$18,362
Apr 200104,81924.685.34$25,711
Mar 200103,12424.545.38$16,796
Feb 200103,04127.755.77$17,538
Jan 200104,25327.478.40$35,720
Dec 200005,37626.889.12$49,043
Nov 200007,25932.215.66$41,071
Oct 200006,01031.235.15$30,924
Sep 200005,92031.875.19$30,704
Aug 200007,11629.644.54$32,312
Jul 200006,01728.534.09$24,608
Jun 200007,87829.304.40$34,642
May 2000010,41227.263.68$38,314
Apr 200007,19924.513.12$22,432
Mar 200008,08128.422.86$23,110
Feb 200006,71727.622.73$18,314
Jan 200007,12625.272.48$17,676
Dec 199909,17324.282.42$22,233
Nov 199907,71723.192.43$18,783
Oct 199906,85620.982.80$19,222
Sep 199907,28121.752.62$19,068
Aug 199906,45319.262.88$18,556
Jul 199906,13917.892.37$14,564
Jun 199908,00315.942.36$18,904
May 199907,14315.792.32$16,579
Apr 1999010,59615.102.21$23,397
Mar 199908,69712.471.84$15,988
Feb 199908,8679.981.82$16,118
Jan 199909,47510.381.90$18,002
Dec 1998010,4229.201.77$18,482
Nov 199809,77410.892.19$21,363
Oct 199809,16012.421.97$18,038
Sep 199806,64712.592.08$13,843
Aug 1998010,25811.301.91$19,566
Jul 199806,85811.742.24$15,343
Jun 1998010,73111.242.24$24,008
May 199809,54212.622.21$21,053
Apr 1998010,11913.042.51$25,351
Mar 1998012,20712.802.31$28,191
Feb 1998010,33913.952.30$23,771
Jan 1998015,06214.702.15$32,455
Dec 1997014,11916.322.41$34,042
Nov 1997013,81218.193.09$42,655
Oct 1997012,51119.253.15$39,407
Sep 1997013,64417.742.95$40,316
Aug 1997015,16217.862.55$38,735
Jul 1997016,84717.582.25$37,854
Jun 1997015,08117.242.26$34,041
May 1997014,40818.972.31$33,261
Apr 1997017,30917.882.08$36,051
Mar 1997017,85418.951.94$34,621
Feb 1997016,67520.492.21$36,783
Jan 1997016,55423.483.54$58,596
Dec 1996017,48323.32$0
Nov 1996017,42221.97$0
Oct 1996017,90023.31$0
Sep 1996017,85122.22$0
Aug 1996018,64020.26$0
Jul 1996019,56819.55$0
Jun 1996019,77518.73$0
May 1996020,81119.43$0
Apr 1996020,71621.51$0
Mar 1996023,02819.38$0
Feb 1996022,35016.98$0
Jan 1996025,09617.07$0
Dec 1995026,93417.19$0
Nov 1995041,09416.00$0
Oct 1995019,00115.43$0
Sep 1995028,14016.18$0
Aug 1995028,43615.92$0
Jul 1995028,91715.24$0
Jun 1995029,14016.41$0
May 1995031,41717.56$0
Apr 1995032,04617.73$0
Mar 1995034,50216.44$0
Feb 1995031,53016.58$0
Jan 1995035,40215.92$0
Dec 1994038,27515.03$0
Nov 19942740,40215.90$429
Oct 1994044,35515.58$0
Sep 1994046,38415.29$0
Aug 1994050,94716.13$0
Jul 1994055,80817.56$0
Jun 1994060,00817.09$0
May 1994070,04915.88$0
Apr 1994079,60514.14$0
Mar 1994092,81312.46$0
Feb 1994085,24612.50$0
Jan 1994038,51312.66$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                1,566 Mcf  × $  3.05 =     $4,770

────────────────────────────────────────────────────
Month total                                   $4,770

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/148587 is the state's own key, not one this site invented.