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 218677District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Nov 2005 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
247
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
High Cost Gas112006-10-13167497
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
CondensateDisposition2,977 bbl$198,458
GasProduction649,517 Mcf$3,903,447
Total$4,101,906

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 32.3252, -94.8447. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.32519, -94.84470 · 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
11,060 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 11,060 ft.

Completions filed
Nov 2005
1 of 1 wells

1 well

42-40133625211,060 ftNov 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 (247)

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

247 months

May 20260194106.413.05$591
Apr 2026016498.932.87$471
Mar 2026018789.753.15$589
Feb 2026016363.503.75$611
Jan 2026017159.138.00$1,368
Dec 2025016556.664.41$728
Nov 2025014858.593.93$581
Oct 2025015159.383.30$499
Sep 2025017162.743.08$526
Aug 2025017363.933.01$522
Jul 2025020466.743.32$676
Jun 2025017666.483.13$551
May 20252017860.553.23$1,786
Apr 2025016962.363.54$599
Mar 20250067.704.27$0
Feb 2025018770.884.34$812
Jan 2025022174.324.28$946
Dec 2024020068.993.12$624
Nov 2024018969.052.20$416
Oct 2024020571.372.28$468
Sep 2024019669.612.36$463
Aug 2024020975.632.06$431
Jul 2024020679.932.15$442
Jun 2024018278.082.63$479
May 2024018778.812.20$411
Apr 2024017584.451.66$290
Mar 2024017380.301.55$267
Feb 2024017476.091.78$310
Jan 2024020373.023.30$669
Dec 2023018071.262.61$470
Nov 2023018177.892.81$508
Oct 2023017585.443.09$540
Sep 2023019389.042.74$528
Aug 2023022580.522.67$601
Jul 2023012974.852.64$341
Jun 2023016468.962.26$370
May 2023015070.622.23$334
Apr 2023019578.122.24$436
Mar 2023019472.852.39$464
Feb 2023018475.112.47$454
Jan 202307276.533.39$244
Dec 2022018776.415.73$1,071
Nov 2022017385.005.65$977
Oct 2022026887.185.86$1,571
Sep 2022029284.888.16$2,384
Aug 2022026894.529.13$2,446
Jul 20220277101.587.54$2,089
Jun 20220309115.097.98$2,465
May 20220116109.378.43$978
Apr 20220242104.226.84$1,655
Mar 20220216108.885.08$1,097
Feb 2022039691.054.86$1,924
Jan 2022035281.844.54$1,597
Dec 2021040371.323.90$1,571
Nov 2021041177.435.24$2,152
Oct 2021040779.795.71$2,326
Sep 2021041669.865.35$2,226
Aug 2021049166.024.22$2,072
Jul 2021053370.783.98$2,122
Jun 2021051369.493.38$1,734
May 2021050263.483.02$1,515
Apr 2021061360.362.76$1,691
Mar 2021046561.302.72$1,263
Feb 2021038757.805.55$2,147
Jan 2021455750.412.81$1,767
Dec 2020056444.642.68$1,509
Nov 2020053638.772.71$1,451
Oct 2020049536.972.48$1,227
Sep 2020058237.091.99$1,159
Aug 2020063139.982.39$1,505
Jul 2020070038.371.83$1,278
Jun 2020073934.901.69$1,249
May 2020081916.921.81$1,486
Apr 2020066414.751.80$1,198
Mar 2020067230.341.86$1,247
Feb 2020063149.881.98$1,250
Jan 2020069857.252.09$1,462
Dec 2019073059.012.30$1,682
Nov 2019074155.302.75$2,038
Oct 2019080453.472.42$1,945
Sep 20195297455.052.66$5,451
Aug 2019088253.112.30$2,032
Jul 2019082056.272.46$2,017
Jun 2019078852.782.49$1,963
May 2019098258.482.74$2,691
Apr 2019096462.632.75$2,652
Mar 201901,15856.803.06$3,546
Feb 201901,32650.852.79$3,702
Jan 201902,35846.033.23$7,612
Dec 201802,75646.594.19$11,535
Nov 201801,16352.934.24$4,928
Oct 2018074361.443.40$2,525
Sep 2018072659.543.11$2,256
Aug 2018077559.403.07$2,377
Jul 2018081365.142.93$2,384
Jun 2018086660.183.08$2,665
May 2018094965.382.90$2,753
Apr 2018084663.842.90$2,454
Mar 2018087561.222.79$2,438
Feb 2018082161.782.77$2,271
Jan 2018091862.874.01$3,681
Dec 2017093257.272.92$2,723
Nov 2017088955.423.12$2,772
Oct 20173996549.292.98$4,802
Sep 2017096947.523.09$2,992
Aug 201701,02745.373.00$3,086
Jul 201701,05543.873.09$3,257
Jun 201701,07242.493.09$3,310
May 201701,03545.373.26$3,378
Apr 2017099947.933.21$3,208
Mar 201701,13846.772.98$3,395
Feb 201701,02250.452.95$3,018
Jan 201701,21149.413.42$4,140
Dec 201601,29848.763.72$4,832
Nov 2016181,20242.492.64$3,943
Oct 2016401,52146.193.09$6,548
Sep 201601,54141.553.10$4,778
Aug 201601,56541.442.92$4,577
Jul 201601,52341.622.92$4,454
Jun 201601,37045.352.69$3,680
May 201601,70042.521.99$3,385
Apr 201601,55836.561.99$3,102
Mar 2016511,61233.011.79$4,575
Feb 201601,48426.472.06$3,062
Jan 201601,52127.352.36$3,596
Dec 201501,68232.362.00$3,366
Nov 201501,62638.792.17$3,524
Oct 201501,69443.552.43$4,111
Sep 201501,93442.992.76$5,335
Aug 201501,94840.162.87$5,596
Jul 201502,01048.152.95$5,920
Jun 201501,94456.152.88$5,604
May 201502,06555.212.96$6,103
Apr 201502,16849.822.71$5,868
Mar 201502,63342.892.93$7,727
Feb 201502,49344.662.98$7,420
Jan 201504,03543.433.10$12,511
Dec 201401,79254.693.59$6,436
Nov 201401,45670.464.25$6,191
Oct 201401,42078.303.90$5,539
Sep 201401,43986.164.05$5,821
Aug 201401,52789.394.04$6,162
Jul 201401,57396.564.18$6,575
Jun 2014571,73498.164.74$13,809
May 201401,96894.734.73$9,302
Apr 201401,97395.944.81$9,488
Mar 201402,04895.895.06$10,356
Feb 201401,87097.406.19$11,579
Jan 201402,19390.404.86$10,660
Dec 201302,39291.824.35$10,416
Nov 201302,35288.853.74$8,792
Oct 201302,62797.423.78$9,928
Sep 2013522,210104.113.72$13,630
Aug 201302,039104.253.52$7,183
Jul 201301,878102.523.72$6,982
Jun 201301,84394.403.93$7,249
May 201301,94694.834.15$8,074
Apr 2013621,80793.964.28$13,564
Mar 201301,97093.623.91$7,708
Feb 201302,13091.233.42$7,284
Jan 201302,57891.603.42$8,817
Dec 201201,50186.773.42$5,134
Nov 2012641,74786.953.62$11,898
Oct 201201,89989.383.40$6,456
Sep 201201,80894.672.92$5,276
Aug 201201,91192.662.91$5,557
Jul 201201,95985.133.02$5,918
Jun 201202,02579.822.52$5,101
May 201202,45791.612.49$6,114
Apr 201202,637101.652.00$5,266
Mar 201202,412105.052.22$5,360
Feb 201202,646101.102.57$6,801
Jan 201203,36098.092.73$9,187
Dec 201103,74596.873.24$12,133
Nov 201104,19095.723.31$13,874
Oct 201103,38584.983.65$12,350
Sep 2011654,01183.623.99$21,422
Aug 201104,47583.404.15$18,568
Jul 201103,72694.144.52$16,831
Jun 201102,57092.904.64$11,924
May 201102,45698.134.40$10,818
Apr 201102,305105.964.33$9,988
Mar 2011602,62196.364.06$16,416
Feb 201102,57385.644.18$10,755
Jan 2011702,14486.504.59$15,893
Dec 201002,68385.734.35$11,665
Nov 201002,86780.843.80$10,881
Oct 201003,25378.103.51$11,414
Sep 201003,59472.633.98$14,302
Aug 201003,10173.684.42$13,704
Jul 201003,12772.554.74$14,811
Jun 201002,87270.364.91$14,103
May 201003,38871.124.24$14,349
Apr 2010703,55181.694.12$20,358
Mar 201003,99278.394.39$17,520
Feb 201003,75073.585.44$20,409
Jan 201004,76574.365.96$28,419
Dec 2009542,89271.445.48$19,717
Nov 200902,24174.593.75$8,407
Oct 200902,96772.544.11$12,195
Sep 2009602,61365.543.06$11,941
Aug 200903,19167.423.22$10,270
Jul 200903,41761.133.46$11,838
Jun 200903,06766.163.90$11,946
May 200903,74254.743.93$14,690
Apr 2009734,39746.773.59$19,188
Mar 200904,50742.144.06$18,294
Feb 200904,52032.814.63$20,941
Jan 2009985,00435.865.37$30,391
Dec 200804,90737.105.98$29,330
Nov 200804,76855.496.86$32,710
Oct 20080675.246.92$42
Sep 200805,509101.767.88$43,395
Aug 2008635,732114.228.48$55,821
Jul 200805,886131.0811.39$67,038
Jun 2008514,917131.3313.03$70,779
May 200805,322123.1711.57$61,598
Apr 200805,690110.3110.45$59,488
Mar 200805,955101.909.66$57,550
Feb 2008285,31692.538.77$49,215
Jan 200806,06690.388.21$49,776
Dec 200705,38088.337.30$39,285
Nov 2007715,30391.677.29$45,176
Oct 200705,98382.856.92$41,414
Sep 200706,25675.846.24$39,063
Aug 2007747,17469.066.39$50,938
Jul 2007907,75370.906.39$55,907
Jun 200707,91662.007.55$59,754
May 200708,24958.747.85$64,724
Apr 20071778,13859.617.81$74,070
Mar 200708,88756.927.30$64,893
Feb 2007888,37555.108.22$73,658
Jan 20077810,39850.306.73$73,869
Dec 2006779,38356.656.92$69,278
Nov 20068111,06854.207.62$88,700
Oct 20061152,10554.906.01$18,973
Sep 20067010,61360.085.04$57,665
Aug 2006015,67068.717.34$115,017
Jul 20061114,87169.376.34$95,086
Jun 20069412,50366.286.38$86,048
May 200616314,29266.016.42$102,586
Apr 20065116,11164.397.36$121,869
Mar 20068018,44656.707.08$135,188
Feb 200618720,34757.597.75$168,481
Jan 200616129,62460.598.93$274,396
Dec 200515824,86254.9413.42$342,214
Nov 20050054.6910.59$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                  194 Mcf  × $  3.05 =       $591

────────────────────────────────────────────────────
Month total                                     $591

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/218677 is the state's own key, not one this site invented.