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 247700District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Aug 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
214
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 Gas112009-08-14193821
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
CondensateDisposition1,848 bbl$130,131
GasProduction688,521 Mcf$3,019,338
Total$3,149,469

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 32.4409, -94.5951. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.44086, -94.59509 · 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
12,500 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 12,500 ft.

Completions filed
Nov 2009
1 of 1 wells

1 well

42-203343821212,500 ftNov 2009

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 (214)

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

214 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 202417069.052.20$1,174
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 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20233074.852.64$225
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 202351076.533.39$3,903
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 20220164101.587.54$1,237
Jun 20220569115.097.98$4,539
May 20220515109.378.43$4,343
Apr 20220591104.226.84$4,041
Mar 20220991108.885.08$5,031
Feb 2022095691.054.86$4,645
Jan 202201,04181.844.54$4,724
Dec 202101,09271.323.90$4,258
Nov 2021067077.435.24$3,509
Oct 2021077479.795.71$4,423
Sep 2021075569.865.35$4,040
Aug 2021089566.024.22$3,777
Jul 2021096870.783.98$3,855
Jun 2021047669.493.38$1,609
May 2021070263.483.02$2,118
Apr 2021080960.362.76$2,232
Mar 2021079261.302.72$2,152
Feb 202101,14757.805.55$6,364
Jan 202101,48050.412.81$4,159
Dec 202001,43844.642.68$3,847
Nov 202001,29438.772.71$3,502
Oct 202001,39936.972.48$3,467
Sep 202001,37237.091.99$2,732
Aug 202001,44239.982.39$3,439
Jul 202001,40538.371.83$2,564
Jun 2020371,43334.901.69$3,714
May 202001,61516.921.81$2,931
Apr 2020097914.751.80$1,766
Mar 202001,35430.341.86$2,513
Feb 202001,60049.881.98$3,169
Jan 202001,61757.252.09$3,387
Dec 201901,61359.012.30$3,717
Nov 201901,58155.302.75$4,349
Oct 201901,48253.472.42$3,584
Sep 201901,49455.052.66$3,970
Aug 201901,55653.112.30$3,586
Jul 201901,44656.272.46$3,557
Jun 201901,35052.782.49$3,363
May 201901,40458.482.74$3,847
Apr 201901,31262.632.75$3,609
Mar 201901,37956.803.06$4,223
Feb 201901,40950.852.79$3,934
Jan 201901,61046.033.23$5,197
Dec 201821,37446.594.19$5,844
Nov 201801,15652.934.24$4,898
Oct 201801,42961.443.40$4,856
Sep 2018511,35259.543.11$7,239
Aug 201801,73959.403.07$5,333
Jul 201801,83965.142.93$5,392
Jun 201801,83160.183.08$5,634
May 201801,62665.382.90$4,717
Apr 201801,48363.842.90$4,302
Mar 201801,57861.222.79$4,398
Feb 201801,38061.782.77$3,817
Jan 201801,59962.874.01$6,411
Dec 201701,70457.272.92$4,978
Nov 201701,52455.423.12$4,752
Oct 201701,44149.292.98$4,299
Sep 201701,47047.523.09$4,538
Aug 201701,23345.373.00$3,704
Jul 2017471,59143.873.09$6,974
Jun 201701,48342.493.09$4,578
May 201701,31145.373.26$4,278
Apr 201701,47547.933.21$4,737
Mar 201701,71446.772.98$5,114
Feb 201701,53750.452.95$4,538
Jan 201701,82249.413.42$6,229
Dec 201601,81048.763.72$6,738
Nov 201601,86842.492.64$4,940
Oct 201601,89146.193.09$5,844
Sep 201601,64541.553.10$5,101
Aug 2016171,43641.442.92$4,904
Jul 201601,37441.622.92$4,018
Jun 201601,73845.352.69$4,668
May 201602,03542.521.99$4,052
Apr 201602,04636.561.99$4,074
Mar 2016312,23133.011.79$5,026
Feb 2016282,04326.472.06$4,957
Jan 201601,95327.352.36$4,618
Dec 201501,97632.362.00$3,955
Nov 201501,75638.792.17$3,806
Oct 201502,18243.552.43$5,295
Sep 201502,17242.992.76$5,991
Aug 201501,98740.162.87$5,708
Jul 201501,97448.152.95$5,814
Jun 201501,81656.152.88$5,235
May 2015382,18355.212.96$8,550
Apr 201501,67349.822.71$4,528
Mar 201501,67442.892.93$4,913
Feb 201501,88644.662.98$5,613
Jan 201501,89143.433.10$5,863
Dec 2014402,46654.693.59$11,044
Nov 201402,11970.464.25$9,010
Oct 201403,45778.303.90$13,486
Sep 201402,79086.164.05$11,287
Aug 201402,86989.394.04$11,577
Jul 2014272,94596.564.18$14,916
Jun 201402,88298.164.74$13,652
May 201402,85494.734.73$13,490
Apr 201402,89795.944.81$13,932
Mar 2014403,15895.895.06$19,805
Feb 201402,97397.406.19$18,409
Jan 201433,24690.404.86$16,049
Dec 2013453,23991.824.35$18,236
Nov 201303,08388.853.74$11,525
Oct 201303,25697.423.78$12,306
Sep 2013363,013104.113.72$14,950
Aug 201303,498104.253.52$12,322
Jul 201303,070102.523.72$11,413
Jun 201313,15894.403.93$12,516
May 2013443,56194.834.15$18,947
Apr 201303,19693.964.28$13,687
Mar 201303,64193.623.91$14,247
Feb 201333,38791.233.42$11,857
Jan 201303,81391.603.42$13,040
Dec 201203,91486.773.42$13,387
Nov 2012383,55186.953.62$16,176
Oct 201203,62289.383.40$12,314
Sep 201203,80194.672.92$11,093
Aug 201204,07492.662.91$11,848
Jul 2012414,22585.133.02$16,253
Jun 201204,39179.822.52$11,061
May 201204,44191.612.49$11,051
Apr 201204,205101.652.00$8,397
Mar 2012454,377105.052.22$14,453
Feb 201204,066101.102.57$10,451
Jan 2012454,55498.092.73$16,865
Dec 201104,15496.873.24$13,458
Nov 201124,55295.723.31$15,264
Oct 201144,80784.983.65$17,878
Sep 201104,66883.623.99$18,606
Aug 2011345,07683.404.15$23,898
Jul 201145,27994.144.52$24,223
Jun 2011365,13492.904.64$27,166
May 201145,34498.134.40$23,932
Apr 2011395,287105.964.33$27,042
Mar 201155,65996.364.06$23,442
Feb 201104,67585.644.18$19,541
Jan 2011825,56086.504.59$32,607
Dec 2010446,02085.734.35$29,946
Nov 201066,18180.843.80$23,944
Oct 201056,03478.103.51$21,563
Sep 201096,29672.633.98$25,708
Aug 2010416,65273.684.42$32,418
Jul 201027,20772.554.74$34,281
Jun 201037,49470.364.91$37,010
May 201038,21071.124.24$34,985
Apr 201057,62281.694.12$31,832
Mar 2010998,62678.394.39$45,617
Feb 201068,22173.585.44$45,183
Jan 2010519,77874.365.96$62,109
Dec 20092111,16371.445.48$62,715
Nov 200906,57374.593.75$24,659
Oct 20096410,41972.544.11$47,467
Sep 2009310,87065.543.06$33,510
Aug 2009012,05367.423.22$38,793
Jul 2009012,44561.133.46$43,116
Jun 20096713,11666.163.90$55,520
May 20096113,96554.743.93$58,162
Apr 2009014,97646.773.59$53,726
Mar 20094817,07742.144.06$71,338
Feb 200911016,73132.814.63$81,124
Jan 20095319,81635.865.37$108,332
Dec 2008023,84637.105.98$142,531
Nov 200810829,45155.496.86$208,037
Oct 20086339,48375.246.92$278,041
Sep 20083629,909101.767.88$239,259
Aug 200802,398114.228.48$20,342

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.

Nov 2024 — as filed, then multipliedworked
Condensate            17 bbl  × $ 69.05 =     $1,174
Gas                    0 Mcf  × $  2.20 =         $0

────────────────────────────────────────────────────
Month total                                   $1,174

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/247700 is the state's own key, not one this site invented.