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 226120District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.2 M
Sep 2006 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
237
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 Gas112007-10-30178819
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
CondensateDisposition1,312 bbl$97,697
GasProduction592,053 Mcf$3,093,973
Total$3,191,670

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 32.3254, -94.8502. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.32537, -94.85017 · 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
11,065 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 11,065 ft.

Completions filed
Sep 2006
1 of 1 wells

1 well

42-40134024411,065 ftSep 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 (237)

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

237 months

May 2026088106.413.05$268
Apr 2026017998.932.87$514
Mar 2026015389.753.15$482
Feb 2026016363.503.75$611
Jan 2026026459.138.00$2,111
Dec 2025025456.664.41$1,121
Nov 2025020258.593.93$793
Oct 2025020659.383.30$681
Sep 2025015662.743.08$480
Aug 2025012663.933.01$380
Jul 2025014866.743.32$491
Jun 2025016066.483.13$501
May 20252119460.553.23$1,899
Apr 2025021462.363.54$758
Mar 20250067.704.27$0
Feb 2025010270.884.34$443
Jan 2025012174.324.28$518
Dec 2024010968.993.12$340
Nov 2024010369.052.20$226
Oct 2024011271.372.28$256
Sep 2024010769.612.36$253
Aug 2024011475.632.06$235
Jul 2024015079.932.15$322
Jun 2024021578.082.63$566
May 2024022178.812.20$486
Apr 2024023984.451.66$397
Mar 2024028380.301.55$437
Feb 2024025376.091.78$451
Jan 2024012973.023.30$425
Dec 2023026271.262.61$684
Nov 2023026477.892.81$741
Oct 2023027185.443.09$837
Sep 2023028089.042.74$766
Aug 2023053280.522.67$1,422
Jul 2023022274.852.64$586
Jun 2023026968.962.26$608
May 2023024570.622.23$546
Apr 2023032078.122.24$716
Mar 2023027572.852.39$658
Feb 2023026175.112.47$644
Jan 2023053176.533.39$1,799
Dec 2022021876.415.73$1,249
Nov 2022040385.005.65$2,275
Oct 2022034487.185.86$2,017
Sep 2022027184.888.16$2,212
Aug 2022026894.529.13$2,446
Jul 20220277101.587.54$2,089
Jun 20220218115.097.98$1,739
May 20220721109.378.43$6,080
Apr 20220242104.226.84$1,655
Mar 20220416108.885.08$2,112
Feb 2022058591.054.86$2,842
Jan 2022073081.844.54$3,313
Dec 2021052671.323.90$2,051
Nov 2021073977.435.24$3,870
Oct 2021072179.795.71$4,120
Sep 2021068369.865.35$3,655
Aug 2021062166.024.22$2,621
Jul 2021062270.783.98$2,477
Jun 2021060469.493.38$2,042
May 2021091063.483.02$2,746
Apr 2021052160.362.76$1,437
Mar 2021097261.302.72$2,641
Feb 2021073057.805.55$4,050
Jan 20211091850.412.81$3,084
Dec 2020096644.642.68$2,584
Nov 2020087238.772.71$2,360
Oct 202001,00936.972.48$2,501
Sep 202001,12737.091.99$2,244
Aug 202001,17139.982.39$2,793
Jul 202001,26838.371.83$2,314
Jun 2020097634.901.69$1,650
May 2020085516.921.81$1,552
Apr 202001,17214.751.80$2,115
Mar 202001,25630.341.86$2,331
Feb 202001,17149.881.98$2,319
Jan 202001,21257.252.09$2,539
Dec 201901,21459.012.30$2,797
Nov 201901,17055.302.75$3,218
Oct 201901,19153.472.42$2,880
Sep 2019611,13855.052.66$6,382
Aug 201901,25153.112.30$2,883
Jul 201901,25056.272.46$3,075
Jun 201901,03352.782.49$2,573
May 201901,06658.482.74$2,921
Apr 201901,09062.632.75$2,998
Mar 201901,24256.803.06$3,803
Feb 201901,17750.852.79$3,286
Jan 201901,15746.033.23$3,735
Dec 201801,10546.594.19$4,625
Nov 2018099052.934.24$4,195
Oct 201801,31661.443.40$4,472
Sep 201801,40559.543.11$4,367
Aug 201801,39859.403.07$4,287
Jul 201801,49565.142.93$4,383
Jun 201801,38260.183.08$4,252
May 201801,88765.382.90$5,474
Apr 201801,74563.842.90$5,062
Mar 201801,81661.222.79$5,061
Feb 201801,68861.782.77$4,669
Jan 201801,85562.874.01$7,437
Dec 201701,93857.272.92$5,662
Nov 201701,78255.423.12$5,557
Oct 2017751,96349.292.98$9,554
Sep 201701,84247.523.09$5,687
Aug 201701,98045.373.00$5,949
Jul 201702,01643.873.09$6,224
Jun 201701,86142.493.09$5,745
May 201702,01445.373.26$6,572
Apr 201701,91947.933.21$6,163
Mar 201701,89346.772.98$5,648
Feb 201701,73250.452.95$5,114
Jan 201701,89349.413.42$6,472
Dec 201621,92648.763.72$7,268
Nov 2016571,75742.492.64$7,068
Oct 2016481,80146.193.09$7,783
Sep 201601,77841.553.10$5,513
Aug 201601,87941.442.92$5,495
Jul 201601,89741.622.92$5,547
Jun 201601,87945.352.69$5,047
May 201601,89142.521.99$3,765
Apr 201601,85636.561.99$3,695
Mar 2016601,90333.011.79$5,395
Feb 201601,71926.472.06$3,547
Jan 201601,89727.352.36$4,485
Dec 201501,87732.362.00$3,757
Nov 201501,84138.792.17$3,990
Oct 201501,92043.552.43$4,659
Sep 201501,99642.992.76$5,506
Aug 201501,95340.162.87$5,610
Jul 201502,01048.152.95$5,920
Jun 201501,98756.152.88$5,728
May 201501,95655.212.96$5,781
Apr 201501,91949.822.71$5,194
Mar 201502,09242.892.93$6,139
Feb 201502,07644.662.98$6,179
Jan 201502,36443.433.10$7,330
Dec 201402,31054.693.59$8,296
Nov 201402,57670.464.25$10,953
Oct 201401,66978.303.90$6,511
Sep 201401,69086.164.05$6,837
Aug 201401,79489.394.04$7,239
Jul 201401,84996.564.18$7,728
Jun 2014571,94898.164.74$14,823
May 201402,18194.734.73$10,309
Apr 201402,18595.944.81$10,508
Mar 201402,45895.895.06$12,430
Feb 201401,81897.406.19$11,257
Jan 201401,55290.404.86$7,544
Dec 201301,84891.824.35$8,047
Nov 201301,91788.853.74$7,166
Oct 201302,16097.423.78$8,163
Sep 2013521,828104.113.72$12,210
Aug 201301,838104.253.52$6,475
Jul 201302,507102.523.72$9,320
Jun 201302,62894.403.93$10,337
May 201302,32094.834.15$9,626
Apr 2013591,93293.964.28$13,818
Mar 201302,13493.623.91$8,350
Feb 201302,33691.233.42$7,989
Jan 201302,89791.603.42$9,907
Dec 201201,68686.773.42$5,766
Nov 2012491,87986.953.62$11,072
Oct 201201,97989.383.40$6,728
Sep 201201,69994.672.92$4,958
Aug 201201,96992.662.91$5,726
Jul 201202,19485.133.02$6,628
Jun 201201,80279.822.52$4,539
May 201201,80591.612.49$4,491
Apr 201202,173101.652.00$4,339
Mar 201202,003105.052.22$4,451
Feb 201202,201101.102.57$5,657
Jan 201202,90698.092.73$7,945
Dec 201102,83996.873.24$9,198
Nov 201102,67695.723.31$8,861
Oct 201102,22384.983.65$8,111
Sep 2011522,56183.623.99$14,556
Aug 201102,71383.404.15$11,257
Jul 201103,20094.144.52$14,455
Jun 201102,81492.904.64$13,057
May 201102,51098.134.40$11,056
Apr 201103,438105.964.33$14,898
Mar 2011603,40096.364.06$19,577
Feb 201102,93885.644.18$12,281
Jan 2011322,72886.504.59$15,286
Dec 201003,03985.734.35$13,213
Nov 201003,24880.843.80$12,327
Oct 201003,34978.103.51$11,751
Sep 201002,74072.633.98$10,904
Aug 201002,44073.684.42$10,783
Jul 201002,55772.554.74$12,111
Jun 201002,66870.364.91$13,101
May 201003,55471.124.24$15,052
Apr 2010343,35381.694.12$16,601
Mar 201003,56578.394.39$15,646
Feb 201003,03873.585.44$16,534
Jan 201003,11674.365.96$18,584
Dec 2009543,53971.445.48$23,265
Nov 200903,19274.593.75$11,975
Oct 200903,73172.544.11$15,335
Sep 2009733,39665.543.06$15,192
Aug 200903,51467.423.22$11,310
Jul 200903,70061.133.46$12,819
Jun 200903,59566.163.90$14,003
May 200904,15354.743.93$16,304
Apr 2009774,03246.773.59$18,066
Mar 200904,44442.144.06$18,038
Feb 200904,18732.814.63$19,398
Jan 2009874,75635.865.37$28,664
Dec 200805,05837.105.98$30,232
Nov 200804,90655.496.86$33,657
Oct 200805,11775.246.92$35,420
Sep 200805,136101.767.88$40,457
Aug 2008645,283114.228.48$52,126
Jul 200804,386131.0811.39$49,954
Jun 2008685,851131.3313.03$85,184
May 200805,688123.1711.57$65,835
Apr 2008028110.3110.45$293
Mar 200805,567101.909.66$53,800
Feb 2008794,21492.538.77$44,269
Jan 200805,29990.388.21$43,482
Dec 200705,89088.337.30$43,009
Nov 2007517,00191.677.29$55,724
Oct 200707,38382.856.92$51,105
Sep 200707,84975.846.24$49,010
Aug 2007308,05169.066.39$53,501
Jul 200708,70270.906.39$55,588
Jun 200708,87562.007.55$66,992
May 200709,60258.747.85$75,340
Apr 200709,56559.617.81$74,657
Mar 2007011,28556.927.30$82,403
Feb 2007011,15255.108.22$91,625
Jan 200709,75950.306.73$65,647
Dec 2006016,99356.656.92$117,565
Nov 2006017,17754.207.62$130,845
Oct 2006055,11754.906.01$331,463
Sep 2006013,62260.085.04$68,617

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                   88 Mcf  × $  3.05 =       $268

────────────────────────────────────────────────────
Month total                                     $268

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/226120 is the state's own key, not one this site invented.