LONGBRANCH

Operated by PEDERNALES PETROLEUM OP, LLC (P-5 650201) in the CARTHAGE, S. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 235281District 06Field 160372002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.5 M
Mar 2008 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
219
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 101 leases and 101 wells, and the rule below applies to all of them.

Discovered
1978-02-20
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/97.

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 Gas112008-09-11185539
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
CondensateDisposition26,315 bbl$2,081,757
GasProduction1,596,197 Mcf$8,417,211
Total$10,498,968

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 32.0676, -94.5494. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06757, -94.54943 · 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
9,575 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 9,575 ft.

Completions filed
Mar 2008
1 of 1 wells

1 well

42-365368723H9,575 ftMar 2008

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 (219)

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

219 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 2025012056.664.41$530
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025010762.743.08$329
Aug 2025016063.933.01$482
Jul 2025010466.743.32$345
Jun 2025017766.483.13$554
May 2025014760.553.23$475
Apr 202513211762.363.54$8,646
Mar 202505867.704.27$248
Feb 2025013170.884.34$569
Jan 202504274.324.28$180
Dec 202405968.993.12$184
Nov 202404869.052.20$106
Oct 202407771.372.28$176
Sep 202409869.612.36$232
Aug 202409375.632.06$192
Jul 202405679.932.15$120
Jun 202403678.082.63$95
May 202405378.812.20$117
Apr 202404884.451.66$80
Mar 202405280.301.55$80
Feb 2024014576.091.78$259
Jan 202401373.023.30$43
Dec 202305671.262.61$146
Nov 202305577.892.81$154
Oct 202304085.443.09$123
Sep 2023010089.042.74$274
Aug 2023014980.522.67$398
Jul 2023015774.852.64$415
Jun 2023021268.962.26$479
May 2023034570.622.23$768
Apr 2023066178.122.24$1,479
Mar 2023035072.852.39$838
Feb 2023079575.112.47$1,960
Jan 2023059576.533.39$2,016
Dec 2022022076.415.73$1,260
Nov 2022086785.005.65$4,895
Oct 2022096387.185.86$5,647
Sep 202201,40884.888.16$11,494
Aug 202201,58994.529.13$14,503
Jul 202202,123101.587.54$16,012
Jun 202201,727115.097.98$13,777
May 20220699109.378.43$5,895
Apr 20220383104.226.84$2,619
Mar 20220185108.885.08$939
Feb 202201,39891.054.86$6,793
Jan 202201,71681.844.54$7,787
Dec 202101,32171.323.90$5,151
Nov 202101,52377.435.24$7,976
Oct 202102,47279.795.71$14,125
Sep 202102,85269.865.35$15,261
Aug 202103,45266.024.22$14,569
Jul 202103,22170.783.98$12,826
Jun 202103,23769.493.38$10,943
May 202103,35063.483.02$10,109
Apr 202102,83060.362.76$7,806
Mar 202102,98161.302.72$8,099
Feb 202102,70657.805.55$15,013
Jan 20211642,71350.412.81$15,892
Dec 202004,30744.642.68$11,523
Nov 202003,38938.772.71$9,173
Oct 202003,63336.972.48$9,004
Sep 202003,80937.091.99$7,584
Aug 202004,42839.982.39$10,561
Jul 20201544,45438.371.83$14,038
Jun 20201934,48734.901.69$14,320
May 202004,69916.921.81$8,528
Apr 202004,56814.751.80$8,242
Mar 202005,21230.341.86$9,675
Feb 202005,10649.881.98$10,113
Jan 2020226,40857.252.09$14,683
Dec 20191339,10859.012.30$28,836
Nov 2019533,52555.302.75$12,627
Oct 201979953.472.42$4,246
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 201901,22256.272.46$3,006
Jun 201901,02152.782.49$2,544
May 20190758.482.74$19
Apr 20190662.632.75$17
Mar 201901056.803.06$31
Feb 20191515650.852.79$7,835
Jan 201901,42746.033.23$4,607
Dec 201801,38746.594.19$5,805
Nov 20181391,93052.934.24$15,535
Oct 20181482,57561.443.40$17,843
Sep 201804,95759.543.11$15,406
Aug 20181634,96859.403.07$24,917
Jul 201804,95965.142.93$14,539
Jun 201801,30560.183.08$4,015
May 20181653,53365.382.90$21,036
Apr 201804,82363.842.90$13,991
Mar 20184082,30661.222.79$31,404
Feb 201819018661.782.77$12,253
Jan 201811937762.874.01$8,993
Dec 201703,39757.272.92$9,924
Nov 201703,98955.423.12$12,439
Oct 20171095,31449.292.98$21,228
Sep 20174674,64647.523.09$36,535
Aug 20172124,32945.373.00$22,624
Jul 201704,06243.873.09$12,541
Jun 201704,03542.493.09$12,457
May 20174044,18545.373.26$31,987
Apr 20171904,59647.933.21$23,867
Mar 20171145,02646.772.98$20,328
Feb 201704,88950.452.95$14,435
Jan 20172984,93349.413.42$31,589
Dec 201604,90148.763.72$18,246
Nov 20161875,75442.492.64$23,161
Oct 201606,50646.193.09$20,105
Sep 201606,67841.553.10$20,706
Aug 201605,91641.442.92$17,300
Jul 20161654,67341.622.92$20,533
Jun 201604,18145.352.69$11,229
May 20161875,91942.521.99$19,736
Apr 201606,62136.561.99$13,183
Mar 201606,91533.011.79$12,406
Feb 20161856,11026.472.06$17,506
Jan 201606,82627.352.36$16,139
Dec 20151896,72532.362.00$19,576
Nov 20151866,60038.792.17$21,519
Oct 201507,52143.552.43$18,250
Sep 20151887,54242.992.76$28,886
Aug 20151917,70840.162.87$29,812
Jul 20151837,46548.152.95$30,796
Jun 201506,28756.152.88$18,125
May 201504,24955.212.96$12,558
Apr 201504,64049.822.71$12,558
Mar 201504,70742.892.93$13,814
Feb 20151904,11644.662.98$20,735
Jan 20151895,91443.433.10$26,545
Dec 201405,48354.693.59$19,691
Nov 20141905,63670.464.25$37,351
Oct 20142006,24878.303.90$40,033
Sep 201406,45686.164.05$26,117
Aug 20141556,28089.394.04$39,196
Jul 20143765,97396.564.18$61,271
Jun 201405,92298.164.74$28,052
May 201406,16794.734.73$29,149
Apr 20141896,15495.944.81$47,728
Mar 201405,85495.895.06$29,603
Feb 201405,33297.406.19$33,016
Jan 20143846,65290.404.86$67,047
Dec 20131866,85191.824.35$46,911
Nov 20131757,36688.853.74$43,085
Oct 201306,18197.423.78$23,360
Sep 201307,143104.113.72$26,556
Aug 20133386,725104.253.52$58,926
Jul 201307,883102.523.72$29,307
Jun 20133837,21194.403.93$64,519
May 201307,89394.834.15$32,749
Apr 20131777,76893.964.28$49,898
Mar 201307,87693.623.91$30,818
Feb 201307,43591.233.42$25,427
Jan 20131958,27191.603.42$46,148
Dec 20121988,00286.773.42$44,549
Nov 20123899,13986.953.62$66,952
Oct 201209,63689.383.40$32,759
Sep 20121949,51294.672.92$46,126
Aug 20121759,93492.662.91$45,105
Jul 20121949,92985.133.02$46,509
Jun 20121919,82879.822.52$40,003
May 201219410,09891.612.49$42,899
Apr 201219310,750101.652.00$41,084
Mar 201209,207105.052.22$20,459
Feb 20123769,849101.102.57$63,328
Jan 201218110,68398.092.73$46,962
Dec 201119310,13796.873.24$51,537
Nov 201119510,58895.723.31$53,725
Oct 201118510,77584.983.65$55,034
Sep 2011011,23183.623.99$44,765
Aug 201119111,67583.404.15$64,373
Jul 201138211,73394.144.52$88,962
Jun 201118611,70592.904.64$71,589
May 201136812,10998.134.40$89,450
Apr 201117811,986105.964.33$70,800
Mar 201119412,41696.364.06$69,070
Feb 201135811,68585.644.18$79,502
Jan 201119812,91186.504.59$76,373
Dec 201039713,26285.734.35$91,695
Nov 201019812,10280.843.80$61,937
Oct 2010013,88178.103.51$48,707
Sep 201019613,73872.633.98$68,905
Aug 201055414,43273.684.42$104,599
Jul 201037714,51872.554.74$96,116
Jun 201018615,06870.364.91$87,077
May 201034515,95371.124.24$92,101
Apr 2010014,95281.694.12$61,642
Mar 201036416,11278.394.39$99,244
Feb 201040114,64773.585.44$109,220
Jan 201033615,43674.365.96$117,047
Dec 200919215,67371.445.48$99,663
Nov 2009018,95474.593.75$71,106
Oct 200919320,48772.544.11$98,207
Sep 200938920,64665.543.06$88,770
Aug 2009021,06567.423.22$67,798
Jul 200937319,44361.133.46$90,162
Jun 200938425,26266.163.90$123,801
May 200937735,51754.743.93$160,068
Apr 200918813,07646.773.59$55,703
Mar 20090042.144.06$0
Feb 20093903,21432.814.63$27,686
Jan 200919928,18335.865.37$158,507
Dec 200838931,41137.105.98$202,180
Nov 200859235,01255.496.86$273,045
Oct 200835540,16875.246.92$304,752
Sep 200877032,472101.767.88$334,140
Aug 200855836,138114.228.48$370,294
Jul 200874043,511131.0811.39$592,565
Jun 20081,13948,501131.3313.03$781,680
May 200878258,081123.1711.57$768,565
Apr 200884361,165110.3110.45$732,463
Mar 2008044,375101.909.66$428,843

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.

Dec 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.66 =         $0
Gas                  120 Mcf  × $  4.41 =       $530

────────────────────────────────────────────────────
Month total                                     $530

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/235281 is the state's own key, not one this site invented.