DAVIS 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 245301District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$860 k
Sep 2008 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
213
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 Gas112009-05-12191525
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
CondensateDisposition1,055 bbl$65,606
GasProduction193,437 Mcf$794,091
Total$859,698

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 32.4867, -94.5885. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.48669, -94.58851 · 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
12,231 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 12,231 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-20334561212,231 ftSep 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 (213)

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

213 months

May 202600106.413.05$0
Apr 2026013798.932.87$393
Mar 202608089.753.15$252
Feb 202602363.503.75$86
Jan 202604059.138.00$320
Dec 202507056.664.41$309
Nov 20250458.593.93$16
Oct 20250859.383.30$26
Sep 2025022062.743.08$677
Aug 2025049563.933.01$1,492
Jul 2025061366.743.32$2,032
Jun 20250066.483.13$0
May 2025028760.553.23$928
Apr 202505162.363.54$181
Mar 2025020767.704.27$884
Feb 2025069970.884.34$3,034
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 202404469.052.20$97
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202401679.932.15$34
Jun 20240078.082.63$0
May 2024025978.812.20$569
Apr 2024031884.451.66$528
Mar 2024026680.301.55$411
Feb 2024068976.091.78$1,229
Jan 20240073.023.30$0
Dec 2023010371.262.61$269
Nov 202309477.892.81$264
Oct 202305685.443.09$173
Sep 202306089.042.74$164
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 202301268.962.26$27
May 2023041770.622.23$929
Apr 2023031978.122.24$714
Mar 2023021472.852.39$512
Feb 2023022475.112.47$552
Jan 2023030176.533.39$1,020
Dec 2022069476.415.73$3,976
Nov 2022063585.005.65$3,585
Oct 2022032287.185.86$1,888
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 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202001114.751.80$20
Mar 20200230.341.86$4
Feb 20200849.881.98$16
Jan 2020011557.252.09$241
Dec 20190359.012.30$7
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 201908456.272.46$207
Jun 2019029752.782.49$740
May 2019019258.482.74$526
Apr 2019032262.632.75$886
Mar 2019051056.803.06$1,562
Feb 2019045950.852.79$1,282
Jan 201901146.033.23$36
Dec 2018013546.594.19$565
Nov 2018050152.934.24$2,123
Oct 20180661.443.40$20
Sep 2018033559.543.11$1,041
Aug 2018020159.403.07$616
Jul 2018057965.142.93$1,698
Jun 2018021260.183.08$652
May 2018041265.382.90$1,195
Apr 2018038763.842.90$1,123
Mar 2018048161.222.79$1,340
Feb 20182720461.782.77$2,232
Jan 2018043162.874.01$1,728
Dec 2017033857.272.92$987
Nov 2017026355.423.12$820
Oct 2017027849.292.98$829
Sep 2017038047.523.09$1,173
Aug 2017051845.373.00$1,556
Jul 2017041943.873.09$1,294
Jun 2017033042.493.09$1,019
May 2017035845.373.26$1,168
Apr 2017141,00847.933.21$3,908
Mar 2017048446.772.98$1,444
Feb 2017043750.452.95$1,290
Jan 2017038949.413.42$1,330
Dec 2016067348.763.72$2,505
Nov 2016076342.492.64$2,018
Oct 2016061646.193.09$1,904
Sep 2016063941.553.10$1,981
Aug 2016074841.442.92$2,187
Jul 2016033241.622.92$971
Jun 2016079145.352.69$2,124
May 2016023942.521.99$476
Apr 201601,10636.561.99$2,202
Mar 201603133.011.79$56
Feb 2016121326.472.06$344
Jan 201601927.352.36$45
Dec 201501,70932.362.00$3,420
Nov 2015011238.792.17$243
Oct 201507243.552.43$175
Sep 201502442.992.76$66
Aug 201502940.162.87$83
Jul 2015039948.152.95$1,175
Jun 2015032856.152.88$946
May 2015031455.212.96$928
Apr 2015029749.822.71$804
Mar 2015021942.892.93$643
Feb 2015026644.662.98$792
Jan 2015039543.433.10$1,225
Dec 2014043154.693.59$1,548
Nov 2014033070.464.25$1,403
Oct 2014035378.303.90$1,377
Sep 2014025086.164.05$1,011
Aug 2014021989.394.04$884
Jul 2014021096.564.18$878
Jun 2014016998.164.74$801
May 2014019594.734.73$922
Apr 2014016595.944.81$794
Mar 2014017195.895.06$865
Feb 20141916097.406.19$2,841
Jan 2014028290.404.86$1,371
Dec 2013014591.824.35$631
Nov 2013039588.853.74$1,477
Oct 2013022597.423.78$850
Sep 20130596104.113.72$2,216
Aug 201301,741104.253.52$6,133
Jul 201301,047102.523.72$3,892
Jun 201301,59994.403.93$6,290
May 2013072094.834.15$2,987
Apr 201301,00893.964.28$4,317
Mar 2013331,42093.623.91$8,646
Feb 201301,18391.233.42$4,046
Jan 201301,15491.603.42$3,947
Dec 201201,33686.773.42$4,569
Nov 201201,96586.953.62$7,123
Oct 201201,06289.383.40$3,610
Sep 201201,82594.672.92$5,326
Aug 201201,72592.662.91$5,017
Jul 201201,67485.133.02$5,057
Jun 2012080979.822.52$2,038
May 201201,01391.612.49$2,521
Apr 2012331,526101.652.00$6,402
Mar 201201,585105.052.22$3,522
Feb 201201,465101.102.57$3,765
Jan 201201,65698.092.73$4,528
Dec 2011905,08996.873.24$25,205
Nov 201101,53895.723.31$5,093
Oct 201101,48284.983.65$5,407
Sep 201101,77683.623.99$7,079
Aug 2011141,77783.404.15$8,541
Jul 201102,19994.144.52$9,933
Jun 201102,06192.904.64$9,563
May 201102,26398.134.40$9,968
Apr 201102,069105.964.33$8,966
Mar 2011282,13996.364.06$11,377
Feb 201102,12885.644.18$8,895
Jan 201102,11086.504.59$9,682
Dec 2010292,41185.734.35$12,969
Nov 201002,29680.843.80$8,714
Oct 201002,58678.103.51$9,074
Sep 201022,46572.633.98$9,955
Aug 2010232,64873.684.42$13,397
Jul 201002,87072.554.74$13,594
Jun 201002,68170.364.91$13,165
May 2010232,93071.124.24$14,045
Apr 201003,63581.694.12$14,986
Mar 201002,83978.394.39$12,459
Feb 2010302,81473.585.44$17,522
Jan 201002,22374.365.96$13,258
Dec 200922,60171.445.48$14,406
Nov 2009412,76374.593.75$13,424
Oct 200963,03372.544.11$12,902
Sep 2009453,32565.543.06$13,140
Aug 2009603,63967.423.22$15,757
Jul 2009544,46061.133.46$18,753
Jun 200954,62466.163.90$18,341
May 200954,63754.743.93$18,477
Apr 200985,83446.773.59$21,304
Mar 200936,05642.144.06$24,708
Feb 20091446,80532.814.63$36,252
Jan 20091426,93535.865.37$42,340
Dec 2008126,75737.105.98$40,833
Nov 20081417,47155.496.86$59,078
Oct 200894,02475.246.92$28,531
Sep 20081424101.767.88$3,442

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                  137 Mcf  × $  2.87 =       $393

────────────────────────────────────────────────────
Month total                                     $393

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/245301 is the state's own key, not one this site invented.