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 220382District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Mar 2006 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
243
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 Gas112006-11-20168521
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
CondensateDisposition2,160 bbl$150,590
GasProduction470,352 Mcf$2,465,665
Total$2,616,255

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 32.3302, -94.8411. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.33025, -94.84112 · 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
11,112 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 11,112 ft.

Completions filed
Mar 2006
1 of 1 wells

1 well

42-40133842311,112 ftMar 2006

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 (243)

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

243 months

May 20260282106.413.05$859
Apr 2026023998.932.87$686
Mar 2026027289.753.15$857
Feb 2026023863.503.75$893
Jan 2026024959.138.00$1,991
Dec 2025023956.664.41$1,055
Nov 2025021558.593.93$844
Oct 2025021959.383.30$724
Sep 2025024962.743.08$766
Aug 2025025263.933.01$760
Jul 2025029766.743.32$985
Jun 2025025666.483.13$801
May 20252825860.553.23$2,529
Apr 2025024562.363.54$868
Mar 20250067.704.27$0
Feb 2025027270.884.34$1,181
Jan 2025032274.324.28$1,378
Dec 2024029168.993.12$908
Nov 2024027569.052.20$605
Oct 2024029871.372.28$680
Sep 2024028569.612.36$674
Aug 2024030575.632.06$629
Jul 2024029979.932.15$642
Jun 2024026478.082.63$695
May 2024027278.812.20$598
Apr 2024025584.451.66$423
Mar 2024025280.301.55$389
Feb 2024025376.091.78$451
Jan 2024029573.023.30$973
Dec 2023027871.262.61$726
Nov 2023028077.892.81$786
Oct 2023025585.443.09$787
Sep 2023017589.042.74$479
Aug 2023016480.522.67$438
Jul 202305974.852.64$156
Jun 2023025468.962.26$574
May 2023023270.622.23$517
Apr 2023030278.122.24$676
Mar 2023029172.852.39$696
Feb 2023024575.112.47$604
Jan 2023023076.533.39$779
Dec 2022029676.415.73$1,696
Nov 2022025985.005.65$1,462
Oct 2022036387.185.86$2,129
Sep 2022031384.888.16$2,555
Aug 2022033594.529.13$3,058
Jul 20220358101.587.54$2,700
Jun 20220381115.097.98$3,039
May 20220163109.378.43$1,375
Apr 20220338104.226.84$2,311
Mar 20220339108.885.08$1,721
Feb 2022041591.054.86$2,016
Jan 2022059581.844.54$2,700
Dec 2021068171.323.90$2,655
Nov 2021063077.435.24$3,299
Oct 2021072179.795.71$4,120
Sep 2021065369.865.35$3,494
Aug 2021068766.024.22$2,900
Jul 2021068170.783.98$2,712
Jun 2021075569.493.38$2,552
May 2021084763.483.02$2,556
Apr 2021073560.362.76$2,027
Mar 2021068761.302.72$1,867
Feb 2021054257.805.55$3,007
Jan 2021963050.412.81$2,224
Dec 2020068644.642.68$1,835
Nov 2020073438.772.71$1,987
Oct 2020065336.972.48$1,618
Sep 2020073637.091.99$1,465
Aug 2020078339.982.39$1,868
Jul 2020082438.371.83$1,504
Jun 2020070634.901.69$1,193
May 2020099116.921.81$1,798
Apr 2020079314.751.80$1,431
Mar 2020083230.341.86$1,544
Feb 2020075749.881.98$1,499
Jan 2020085257.252.09$1,785
Dec 2019086459.012.30$1,991
Nov 2019085255.302.75$2,344
Oct 2019088553.472.42$2,140
Sep 20194990655.052.66$5,105
Aug 2019088553.112.30$2,039
Jul 2019091056.272.46$2,239
Jun 2019084052.782.49$2,093
May 201901,03458.482.74$2,833
Apr 2019095262.632.75$2,619
Mar 201901,07356.803.06$3,286
Feb 2019093150.852.79$2,600
Jan 201901,03646.033.23$3,344
Dec 201801,06546.594.19$4,457
Nov 2018099052.934.24$4,195
Oct 201801,17961.443.40$4,006
Sep 201801,35459.543.11$4,208
Aug 201801,05259.403.07$3,226
Jul 201801,08165.142.93$3,169
Jun 201801,19660.183.08$3,680
May 201801,18165.382.90$3,426
Apr 201801,15863.842.90$3,359
Mar 201801,07461.222.79$2,993
Feb 201801,17461.782.77$3,247
Jan 201801,36762.874.01$5,481
Dec 201701,11357.272.92$3,252
Nov 201701,23055.423.12$3,836
Oct 2017611,39349.292.98$7,163
Sep 201701,56747.523.09$4,838
Aug 201701,65445.373.00$4,969
Jul 201701,68343.873.09$5,196
Jun 201701,56642.493.09$4,835
May 201701,59045.373.26$5,189
Apr 201701,52447.933.21$4,894
Mar 201701,56646.772.98$4,672
Feb 201701,34750.452.95$3,977
Jan 201701,50249.413.42$5,135
Dec 201601,38848.763.72$5,167
Nov 2016141,33242.492.64$4,117
Oct 2016481,31046.193.09$6,265
Sep 201601,25141.553.10$3,879
Aug 201601,29741.442.92$3,793
Jul 201601,89741.622.92$5,547
Jun 201601,42945.352.69$3,838
May 201601,38742.521.99$2,762
Apr 201605,79636.561.99$11,540
Mar 2016461,45533.011.79$4,129
Feb 201601,40626.472.06$2,901
Jan 201601,36927.352.36$3,237
Dec 201501,50732.362.00$3,016
Nov 201501,43338.792.17$3,106
Oct 201501,55243.552.43$3,766
Sep 201501,61542.992.76$4,455
Aug 201501,69240.162.87$4,860
Jul 201501,70848.152.95$5,030
Jun 201501,88356.152.88$5,428
May 201501,79655.212.96$5,308
Apr 201501,48149.822.71$4,008
Mar 201501,36542.892.93$4,006
Feb 201501,55444.662.98$4,625
Jan 201501,94443.433.10$6,028
Dec 201401,35254.693.59$4,856
Nov 201401,58970.464.25$6,756
Oct 201401,36978.303.90$5,340
Sep 201401,38886.164.05$5,615
Aug 201401,47389.394.04$5,944
Jul 201401,51896.564.18$6,345
Jun 2014571,39798.164.74$12,213
May 201401,49094.734.73$7,043
Apr 201401,49395.944.81$7,180
Mar 201401,74095.895.06$8,799
Feb 201401,61597.406.19$10,000
Jan 201401,77490.404.86$8,623
Dec 201301,72191.824.35$7,494
Nov 201301,55288.853.74$5,802
Oct 201302,00297.423.78$7,566
Sep 2013521,827104.113.72$12,206
Aug 201301,607104.253.52$5,661
Jul 201301,666102.523.72$6,194
Jun 201301,51594.403.93$5,959
May 201301,70294.834.15$7,062
Apr 2013621,63193.964.28$12,810
Mar 201301,82493.623.91$7,137
Feb 201302,01591.233.42$6,891
Jan 201302,55291.603.42$8,728
Dec 201201,57186.773.42$5,373
Nov 2012641,66586.953.62$11,600
Oct 201201,68589.383.40$5,728
Sep 201201,83594.672.92$5,355
Aug 201201,76592.662.91$5,133
Jul 201201,92185.133.02$5,803
Jun 201201,89079.822.52$4,761
May 201201,83791.612.49$4,571
Apr 201201,910101.652.00$3,814
Mar 201201,744105.052.22$3,875
Feb 201201,811101.102.57$4,655
Jan 201202,28898.092.73$6,256
Dec 201102,64796.873.24$8,576
Nov 201102,64495.723.31$8,755
Oct 201102,14184.983.65$7,812
Sep 2011652,38683.623.99$14,945
Aug 201102,38283.404.15$9,884
Jul 201102,43294.144.52$10,986
Jun 201102,35492.904.64$10,922
May 201102,45698.134.40$10,818
Apr 201102,305105.964.33$9,988
Mar 2011602,34296.364.06$15,284
Feb 201102,10285.644.18$8,786
Jan 2011701,85486.504.59$14,563
Dec 201002,27985.734.35$9,909
Nov 201002,43780.843.80$9,249
Oct 201002,63078.103.51$9,228
Sep 201002,39572.633.98$9,531
Aug 201001,95173.684.42$8,622
Jul 201002,51472.554.74$11,908
Jun 201002,35870.364.91$11,579
May 201002,45071.124.24$10,376
Apr 2010702,79381.694.12$17,233
Mar 201002,68878.394.39$11,797
Feb 201002,58873.585.44$14,085
Jan 201003,30074.365.96$19,682
Dec 2009542,06471.445.48$15,176
Nov 200901,76774.593.75$6,629
Oct 200902,12672.544.11$8,738
Sep 2009422,62365.543.06$10,792
Aug 200902,16167.423.22$6,955
Jul 200902,25961.133.46$7,826
Jun 200902,36266.163.90$9,200
May 200902,79454.743.93$10,969
Apr 2009382,52346.773.59$10,829
Mar 200902,75642.144.06$11,187
Feb 200903,09432.814.63$14,335
Jan 2009253,53435.865.37$19,878
Dec 200803,80737.105.98$22,755
Nov 200803,90755.496.86$26,803
Oct 200804,31975.246.92$29,896
Sep 200804,022101.767.88$31,682
Aug 2008344,046114.228.48$38,206
Jul 200804,498131.0811.39$51,230
Jun 2008423,571131.3313.03$52,055
May 200803,856123.1711.57$44,630
Apr 200803,983110.3110.45$41,642
Mar 200803,997101.909.66$38,627
Feb 2008483,68592.538.77$36,761
Jan 200804,36790.388.21$35,834
Dec 200704,04188.337.30$29,507
Nov 2007523,86391.677.29$32,935
Oct 200704,35382.856.92$30,131
Sep 200704,47175.846.24$27,918
Aug 2007725,09169.066.39$37,493
Jul 2007875,50170.906.39$41,308
Jun 200705,42962.007.55$40,981
May 200705,83058.747.85$45,744
Apr 20071695,83959.617.81$55,649
Mar 200706,31956.927.30$46,141
Feb 2007895,96255.108.22$53,888
Jan 2007977,49950.306.73$55,324
Dec 2006997,07056.656.92$54,522
Nov 2006898,31354.207.62$68,148
Oct 2006421,55254.906.01$11,639
Sep 2006427,80260.085.04$41,824
Aug 2006012,33268.717.34$90,516
Jul 20068612,37469.376.34$84,451
Jun 20068011,97566.286.38$81,749
May 2006014,24366.016.42$91,511
Apr 200611816,62564.397.36$129,966
Mar 20060056.707.08$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                  282 Mcf  × $  3.05 =       $859

────────────────────────────────────────────────────
Month total                                     $859

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/220382 is the state's own key, not one this site invented.