PAYNE HEIRS (B)

Operated by ELLORA ENERGY INC. (P-5 250597) in the HUXLEY (6100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 203488District 06Field 439408502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Dec 2003 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
270
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 157 leases and 157 wells, and the rule below applies to all of them.

Discovered
1980-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 2006-12-05.

The Commission's schedule remark for this field reads: OPTIONS ADOPTED.

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 Gas112005-08-15164883
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
CondensateDisposition158 bbl$8,027
GasProduction308,211 Mcf$1,815,136
Total$1,823,163

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 31.6718, -93.9104. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.67181, -93.91041 · 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
6,328 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 6,328 ft.

Completions filed
Dec 2003
1 of 1 wells

1 well

42-419308862H6,328 ftDec 2003

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 (270)

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

270 months

May 2026072106.413.05$219
Apr 2026047898.932.87$1,372
Mar 2026019089.753.15$598
Feb 2026043663.503.75$1,635
Jan 2026025359.138.00$2,023
Dec 2025032356.664.41$1,426
Nov 202505358.593.93$208
Oct 2025027959.383.30$922
Sep 202506362.743.08$194
Aug 2025011463.933.01$344
Jul 202509366.743.32$308
Jun 2025014666.483.13$457
May 2025023360.553.23$753
Apr 202509162.363.54$322
Mar 202502767.704.27$115
Feb 2025012970.884.34$560
Jan 2025010274.324.28$436
Dec 202407368.993.12$228
Nov 2024022569.052.20$495
Oct 202409471.372.28$214
Sep 202407869.612.36$184
Aug 2024023675.632.06$487
Jul 2024066979.932.15$1,436
Jun 2024018378.082.63$482
May 202401378.812.20$29
Apr 2024036684.451.66$607
Mar 2024044180.301.55$681
Feb 2024016176.091.78$287
Jan 2024021773.023.30$716
Dec 2023038871.262.61$1,013
Nov 2023037277.892.81$1,044
Oct 2023062485.443.09$1,926
Sep 2023035389.042.74$965
Aug 202308780.522.67$233
Jul 2023056474.852.64$1,490
Jun 2023048168.962.26$1,086
May 2023015270.622.23$339
Apr 202301,22678.122.24$2,743
Mar 2023034272.852.39$818
Feb 2023092075.112.47$2,268
Jan 2023019876.533.39$671
Dec 2022088576.415.73$5,070
Nov 2022048885.005.65$2,755
Oct 2022055387.185.86$3,243
Sep 2022038284.888.16$3,119
Aug 2022024894.529.13$2,264
Jul 202201,158101.587.54$8,734
Jun 20220593115.097.98$4,730
May 20220763109.378.43$6,434
Apr 20220789104.226.84$5,395
Mar 202201,428108.885.08$7,249
Feb 202206291.054.86$301
Jan 2022023881.844.54$1,080
Dec 202107571.323.90$292
Nov 2021016077.435.24$838
Oct 2021016779.795.71$954
Sep 2021099469.865.35$5,319
Aug 2021090166.024.22$3,803
Jul 202108470.783.98$334
Jun 2021023969.493.38$808
May 2021012363.483.02$371
Apr 2021085860.362.76$2,367
Mar 2021063961.302.72$1,736
Feb 2021033557.805.55$1,859
Jan 2021081150.412.81$2,279
Dec 2020033644.642.68$899
Nov 2020027538.772.71$744
Oct 2020022436.972.48$555
Sep 2020013237.091.99$263
Aug 2020040739.982.39$971
Jul 2020040138.371.83$732
Jun 202002,07234.901.69$3,502
May 2020029216.921.81$530
Apr 202001,02314.751.80$1,846
Mar 2020015430.341.86$286
Feb 2020020049.881.98$396
Jan 2020011657.252.09$243
Dec 2019016159.012.30$371
Nov 201902355.302.75$63
Oct 2019038653.472.42$934
Sep 201901,99455.052.66$5,299
Aug 201903053.112.30$69
Jul 2019038756.272.46$952
Jun 201902552.782.49$62
May 2019016158.482.74$441
Apr 2019015662.632.75$429
Mar 2019029656.803.06$906
Feb 2019021150.852.79$589
Jan 20190046.033.23$0
Dec 20180346.594.19$13
Nov 2018018152.934.24$767
Oct 2018017761.443.40$601
Sep 2018016059.543.11$497
Aug 2018015559.403.07$475
Jul 2018019165.142.93$560
Jun 201803760.183.08$114
May 2018020765.382.90$600
Apr 2018019863.842.90$574
Mar 2018027061.222.79$752
Feb 2018017561.782.77$484
Jan 2018026562.874.01$1,062
Dec 2017032757.272.92$955
Nov 201701,27855.423.12$3,985
Oct 2017021949.292.98$653
Sep 2017024847.523.09$766
Aug 2017021245.373.00$637
Jul 2017024743.873.09$763
Jun 2017029942.493.09$923
May 2017025845.373.26$842
Apr 201702,74947.933.21$8,829
Mar 2017023946.772.98$713
Feb 2017038350.452.95$1,131
Jan 20170049.413.42$0
Dec 2016029948.763.72$1,113
Nov 20160042.492.64$0
Oct 2016034946.193.09$1,079
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160245.352.69$5
May 2016034242.521.99$681
Apr 2016038336.561.99$763
Mar 20160033.011.79$0
Feb 2016012726.472.06$262
Jan 2016035927.352.36$849
Dec 2015086132.362.00$1,723
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015046942.992.76$1,294
Aug 20150040.162.87$0
Jul 2015056648.152.95$1,667
Jun 20150056.152.88$0
May 201501,30555.212.96$3,857
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 201507344.662.98$217
Jan 20150043.433.10$0
Dec 2014062254.693.59$2,234
Nov 201407570.464.25$319
Oct 2014031178.303.90$1,213
Sep 2014026186.164.05$1,056
Aug 2014036089.394.04$1,453
Jul 2014014296.564.18$594
Jun 2014028698.164.74$1,355
May 2014061394.734.73$2,897
Apr 2014066695.944.81$3,203
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 2014018890.404.86$914
Dec 2013045591.824.35$1,981
Nov 2013018088.853.74$673
Oct 20130097.423.78$0
Sep 20130279104.113.72$1,037
Aug 20130966104.253.52$3,403
Jul 20130416102.523.72$1,547
Jun 20130094.403.93$0
May 2013031094.834.15$1,286
Apr 2013078693.964.28$3,366
Mar 201301,22993.623.91$4,809
Feb 2013073091.233.42$2,497
Jan 2013070491.603.42$2,408
Dec 20120086.773.42$0
Nov 2012030486.953.62$1,102
Oct 2012054189.383.40$1,839
Sep 201202394.672.92$67
Aug 2012070492.662.91$2,047
Jul 2012086985.133.02$2,625
Jun 2012058779.822.52$1,479
May 2012083191.612.49$2,068
Apr 20120924101.652.00$1,845
Mar 201201,413105.052.22$3,140
Feb 201201,234101.102.57$3,172
Jan 201201,13298.092.73$3,095
Dec 2011026496.873.24$855
Nov 2011019795.723.31$652
Oct 2011081684.983.65$2,977
Sep 2011094383.623.99$3,759
Aug 201101,25783.404.15$5,216
Jul 201101,23694.144.52$5,583
Jun 201111,20792.904.64$5,693
May 201101,31898.134.40$5,806
Apr 201101,353105.964.33$5,863
Mar 2011076396.364.06$3,096
Feb 2011074985.644.18$3,131
Jan 2011280886.504.59$3,881
Dec 2010092385.734.35$4,013
Nov 2010094180.843.80$3,571
Oct 201001,10178.103.51$3,863
Sep 201001,09572.633.98$4,358
Aug 2010086773.684.42$3,832
Jul 201001,03472.554.74$4,898
Jun 201011,28670.364.91$6,385
May 201001,28571.124.24$5,442
Apr 201001,41181.694.12$5,817
Mar 201001,53478.394.39$6,732
Feb 201001,81873.585.44$9,894
Jan 201002,50074.365.96$14,910
Dec 200902,02971.445.48$11,127
Nov 200902,19774.593.75$8,242
Oct 200902,24472.544.11$9,223
Sep 200902,65365.543.06$8,131
Aug 200903,04067.423.22$9,784
Jul 200902,36461.133.46$8,190
Jun 200903,70466.163.90$14,427
May 2009034754.743.93$1,362
Apr 200902,11646.773.59$7,591
Mar 200903,11842.144.06$12,656
Feb 200901,93432.814.63$8,960
Jan 200902,82635.865.37$15,178
Dec 200803,57537.105.98$21,368
Nov 200801,84755.496.86$12,671
Oct 200801,33775.246.92$9,255
Sep 200801,217101.767.88$9,586
Aug 20080981114.228.48$8,322
Jul 200801,044131.0811.39$11,891
Jun 20080542131.3313.03$7,064
May 200801,181123.1711.57$13,669
Apr 200802,675110.3110.45$27,967
Mar 200801,057101.909.66$10,215
Feb 200801,43292.538.77$12,559
Jan 200801,44990.388.21$11,890
Dec 2007075388.337.30$5,498
Nov 2007094491.677.29$6,883
Oct 2007032382.856.92$2,236
Sep 2007067975.846.24$4,240
Aug 2007074769.066.39$4,772
Jul 2007094670.906.39$6,043
Jun 2007055262.007.55$4,167
May 200701,29558.747.85$10,161
Apr 200703,32459.617.81$25,944
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 200611069756.656.92$11,054
Nov 200601,65154.207.62$12,576
Oct 200601,79954.906.01$10,819
Sep 200601,45260.085.04$7,314
Aug 200601,44768.717.34$10,621
Jul 200602,32469.376.34$14,741
Jun 200602,75066.286.38$17,556
May 200602,46566.016.42$15,838
Apr 200601,04864.397.36$7,714
Mar 200603,15856.707.08$22,368
Feb 200602,93257.597.75$22,726
Jan 200603,25860.598.93$29,105
Dec 200503,64454.9413.42$48,886
Nov 200502,78354.6910.59$29,468
Oct 200504,64558.3413.80$64,081
Sep 200502,80761.4512.08$33,906
Aug 200503,04161.519.80$29,792
Jul 200503,93955.697.84$30,896
Jun 200504,38752.337.38$32,381
May 200504,48045.226.65$29,797
Apr 200505,27349.207.36$38,812
Mar 200505,55650.377.15$39,753
Feb 200505,52445.226.31$34,867
Jan 200505,14243.166.32$32,509
Dec 200405,25839.866.75$35,497
Nov 200404,40345.286.33$27,873
Oct 200404,23749.706.52$27,604
Sep 200404,16943.245.28$22,029
Aug 200405,20242.375.55$28,875
Jul 200404,78438.286.08$29,107
Jun 200404,64336.106.43$29,869
May 200445,21937.486.49$34,045
Apr 200446,31634.475.86$37,140
Mar 200475,27034.365.53$29,384
Feb 200457,11532.455.51$39,363
Jan 20042413,16532.036.30$83,703
Dec 2003013,31630.266.30$83,913

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                   72 Mcf  × $  3.05 =       $219

────────────────────────────────────────────────────
Month total                                     $219

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/203488 is the state's own key, not one this site invented.