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RESCH GAS UNIT

Operated by PWEP OPERATING, LLC (P-5 104093) 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 224389District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.4 M
Nov 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
235
no gaps in the span
Streams
2
condensate, gas

The OAK HILL (COTTON VALLEY) field

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 Gas112007-04-03174201
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
CondensateDisposition2,397 bbl$173,290
GasProduction1,272,780 Mcf$7,232,869
Total$7,406,159

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 32.4416, -94.5985. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44156, -94.59853 · 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
10,740 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 10,740 ft.

Completions filed
Nov 2006
1 of 1 wells

1 well

42-20333504710,740 ftNov 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 (235)

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

235 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230189.042.74$3
Aug 20230080.522.67$0
Jul 20230174.852.64$3
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020094944.642.68$2,539
Nov 202002,07638.772.71$5,619
Oct 202002,00036.972.48$4,957
Sep 202002,11537.091.99$4,211
Aug 202002,15739.982.39$5,145
Jul 202002,25138.371.83$4,108
Jun 2020232,24534.901.69$4,597
May 202002,12316.921.81$3,853
Apr 202002,08514.751.80$3,762
Mar 202002,19730.341.86$4,078
Feb 202002,14249.881.98$4,243
Jan 202002,21157.252.09$4,631
Dec 201901,94259.012.30$4,475
Nov 201902,13955.302.75$5,884
Oct 201902,18653.472.42$5,287
Sep 201902,13955.052.66$5,684
Aug 201902,33253.112.30$5,374
Jul 201902,06656.272.46$5,082
Jun 201902,11152.782.49$5,259
May 201902,21258.482.74$6,062
Apr 201902,06862.632.75$5,688
Mar 201902,22256.803.06$6,804
Feb 201901,88250.852.79$5,255
Jan 201902,30146.033.23$7,428
Dec 201802,33946.594.19$9,790
Nov 201802,80252.934.24$11,873
Oct 201802,52061.443.40$8,563
Sep 2018502,79159.543.11$11,651
Aug 201802,92259.403.07$8,960
Jul 201802,83265.142.93$8,303
Jun 201802,81160.183.08$8,649
May 201802,81765.382.90$8,172
Apr 201802,73563.842.90$7,934
Mar 201802,76261.222.79$7,697
Feb 201802,65061.782.77$7,330
Jan 201802,92262.874.01$11,715
Dec 201702,89657.272.92$8,461
Nov 201702,91755.423.12$9,096
Oct 201702,98849.292.98$8,915
Sep 201702,79447.523.09$8,626
Aug 201702,97245.373.00$8,929
Jul 2017523,10643.873.09$11,870
Jun 201702,54842.493.09$7,866
May 201702,82245.373.26$9,209
Apr 201702,67347.933.21$8,585
Mar 201702,30946.772.98$6,889
Feb 201702,06950.452.95$6,109
Jan 201702,04349.413.42$6,985
Dec 201602,52748.763.72$9,408
Nov 201602,34942.492.64$6,212
Oct 201602,47546.193.09$7,648
Sep 201602,59041.553.10$8,031
Aug 2016272,64141.442.92$8,842
Jul 201602,47541.622.92$7,238
Jun 201602,58445.352.69$6,940
May 201602,71442.521.99$5,404
Apr 201602,63636.561.99$5,248
Mar 2016332,84533.011.79$6,193
Feb 2016272,70126.472.06$6,289
Jan 201602,84827.352.36$6,734
Dec 201502,84332.362.00$5,690
Nov 201502,71438.792.17$5,882
Oct 201503,02243.552.43$7,333
Sep 201502,84742.992.76$7,853
Aug 201502,96840.162.87$8,526
Jul 201503,10748.152.95$9,150
Jun 201502,98156.152.88$8,594
May 2015393,11355.212.96$11,354
Apr 201503,05649.822.71$8,271
Mar 201503,27142.892.93$9,599
Feb 201503,01144.662.98$8,961
Jan 201503,44843.433.10$10,691
Dec 2014353,54954.693.59$14,660
Nov 201403,48870.464.25$14,830
Oct 201403,70078.303.90$14,434
Sep 201403,58086.164.05$14,483
Aug 201403,72989.394.04$15,047
Jul 2014223,60996.564.18$17,209
Jun 201403,40198.164.74$16,110
May 201403,56894.734.73$16,864
Apr 201403,50095.944.81$16,832
Mar 2014333,60095.895.06$21,369
Feb 201403,31797.406.19$20,539
Jan 201423,84490.404.86$18,865
Dec 2013333,91191.824.35$20,060
Nov 201303,79888.853.74$14,198
Oct 201303,94497.423.78$14,906
Sep 2013313,866104.113.72$17,600
Aug 201304,086104.253.52$14,393
Jul 201304,081102.523.72$15,172
Jun 201313,95494.403.93$15,647
May 2013274,05394.834.15$19,377
Apr 201303,26993.964.28$14,000
Mar 201303,09293.623.91$12,099
Feb 201328591.233.42$473
Jan 201303,27991.603.42$11,214
Dec 201204,77486.773.42$16,328
Nov 2012411,40286.953.62$8,647
Oct 201205,54189.383.40$18,838
Sep 201205,43194.672.92$15,850
Aug 201205,21392.662.91$15,160
Jul 2012416,01785.133.02$21,666
Jun 201205,97679.822.52$15,054
May 201206,23391.612.49$15,510
Apr 201206,149101.652.00$12,278
Mar 2012486,203105.052.22$18,826
Feb 201205,708101.102.57$14,671
Jan 2012496,18298.092.73$21,708
Dec 201106,23796.873.24$20,206
Nov 201136,14795.723.31$20,642
Oct 201156,45184.983.65$23,962
Sep 201106,40183.623.99$25,513
Aug 2011386,78483.404.15$31,318
Jul 201156,87594.144.52$31,527
Jun 2011356,70792.904.64$34,371
May 201157,05698.134.40$31,571
Apr 2011376,981105.964.33$34,171
Mar 201157,35096.364.06$30,303
Feb 201106,09585.644.18$25,477
Jan 2011747,46686.504.59$40,661
Dec 2010397,75385.734.35$37,052
Nov 201047,64780.843.80$29,346
Oct 201048,09578.103.51$28,717
Sep 201047,97572.633.98$32,027
Aug 2010378,32673.684.42$39,522
Jul 201018,22472.554.74$39,025
Jun 201028,29770.364.91$40,882
May 201028,92071.124.24$37,920
Apr 201048,52381.694.12$35,464
Mar 2010829,21378.394.39$46,861
Feb 201048,34273.585.44$45,694
Jan 2010449,56874.365.96$60,336
Dec 200979,43271.445.48$52,223
Nov 200909,59474.593.75$35,992
Oct 20094810,17172.544.11$45,287
Sep 2009210,26365.543.06$31,585
Aug 2009010,85667.423.22$34,940
Jul 2009011,11661.133.46$38,511
Jun 20094311,24566.163.90$46,644
May 20093911,39754.743.93$46,877
Apr 2009011,11746.773.59$39,882
Mar 20093912,31242.144.06$51,618
Feb 20097711,29432.814.63$54,851
Jan 20093312,92435.865.37$70,598
Dec 2008013,24537.105.98$79,167
Nov 20082113,26655.496.86$92,175
Oct 20084113,80875.246.92$98,664
Sep 20085413,803101.767.88$114,223
Aug 2008014,859114.228.48$126,049
Jul 2008015,372131.0811.39$175,078
Jun 20086715,489131.3313.03$210,662
May 2008016,802123.1711.57$194,471
Apr 2008016,241110.3110.45$169,797
Mar 20086317,253101.909.66$173,154
Feb 2008016,66092.538.77$146,118
Jan 20087618,82490.388.21$161,334
Dec 2007019,63488.337.30$143,367
Nov 2007020,08791.677.29$146,468
Oct 20076821,88782.856.92$157,135
Sep 20075822,28075.846.24$143,519
Aug 2007024,31469.066.39$155,316
Jul 200713123,63470.906.39$160,260
Jun 2007024,39262.007.55$184,122
May 2007027,79958.747.85$218,119
Apr 20077930,01259.617.81$238,959
Mar 20076838,53456.927.30$285,245
Feb 200726537,04955.108.22$318,996
Jan 20076856,20250.306.73$381,483
Dec 2006077,92356.656.92$539,106
Nov 2006018,16654.207.62$138,379

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.

Sep 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.04 =         $0
Gas                    1 Mcf  × $  2.74 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/224389 is the state's own key, not one this site invented.