KELLY-LINCOLN UNIT

Operated by TGNR PANOLA LLC (P-5 102948) in the CARTHAGE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 255123District 06Field 160328122 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
Sep 2008 – May 2026
Value, last 12 filed months
$11 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 873 leases and 896 wells, and the rule below applies to all of them.

Discovered
1943-06-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-10-10.

The Commission's schedule remark for this field reads: (PETTIT, LOWER).

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 Gas112011-09-19203411
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
CondensateDisposition10,015 bbl$772,072
GasProduction1,320,617 Mcf$5,557,480
Total$6,329,552

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 32.1864, -94.1792. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18642, -94.17924 · 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
10,039 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 10,039 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-36534338610,039 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 20260287106.413.05$874
Apr 2026026698.932.87$763
Mar 2026026989.753.15$847
Feb 2026025163.503.75$941
Jan 2026027459.138.00$2,191
Dec 2025027656.664.41$1,218
Nov 2025027258.593.93$1,068
Oct 2025028959.383.30$955
Sep 2025028062.743.08$862
Aug 2025026563.933.01$799
Jul 2025024466.743.32$809
Jun 20250966.483.13$28
May 2025038360.553.23$1,238
Apr 2025023562.363.54$833
Mar 2025023667.704.27$1,007
Feb 2025021270.884.34$920
Jan 2025024574.324.28$1,048
Dec 2024024168.993.12$752
Nov 2024025369.052.20$556
Oct 2024025971.372.28$591
Sep 2024019469.612.36$459
Aug 2024012575.632.06$258
Jul 2024019779.932.15$423
Jun 2024031178.082.63$819
May 2024030178.812.20$662
Apr 2024031184.451.66$516
Mar 2024032380.301.55$499
Feb 2024033776.091.78$601
Jan 2024092773.023.30$3,057
Dec 2023053871.262.61$1,405
Nov 2023146377.892.81$1,378
Oct 2023334785.443.09$1,328
Sep 2023431889.042.74$1,226
Aug 2023433180.522.67$1,207
Jul 2023330074.852.64$1,017
Jun 2023429668.962.26$944
May 2023442970.622.23$1,238
Apr 2023354878.122.24$1,461
Mar 2023865172.852.39$2,141
Feb 20231764275.112.47$2,860
Jan 20231767276.533.39$3,578
Dec 2022898076.415.73$6,226
Nov 2022374185.005.65$4,439
Oct 2022329287.185.86$1,974
Sep 2022013684.888.16$1,110
Aug 20220094.529.13$0
Jul 202210101.587.54$102
Jun 20227117115.097.98$1,739
May 202217381109.378.43$5,072
Apr 202220490104.226.84$5,435
Mar 2022201,432108.885.08$9,447
Feb 2022131,70991.054.86$9,487
Jan 2022192,35181.844.54$12,223
Dec 2021132,76571.323.90$11,708
Nov 2021123,08677.435.24$17,090
Oct 2021142,31179.795.71$14,322
Sep 2021102,11569.865.35$12,016
Aug 20211083266.024.22$4,172
Jul 20212397870.783.98$5,522
Jun 20211869069.493.38$3,583
May 20211492863.483.02$3,689
Apr 20211984460.362.76$3,475
Mar 20211278561.302.72$2,868
Feb 20211380957.805.55$5,240
Jan 2021133,53950.412.81$10,601
Dec 2020184,94244.642.68$14,026
Nov 2020103,81738.772.71$10,719
Oct 202093,81036.972.48$9,776
Sep 2020113,52637.091.99$7,428
Aug 2020133,62139.982.39$9,156
Jul 2020134,59738.371.83$8,889
Jun 2020213,50634.901.69$6,659
May 2020283,46216.921.81$6,756
Apr 2020283,23714.751.80$6,254
Mar 2020383,37230.341.86$7,412
Feb 2020283,25849.881.98$7,850
Jan 2020462,94057.252.09$8,792
Dec 2019313,04659.012.30$8,848
Nov 2019273,35655.302.75$10,724
Oct 2019392,08953.472.42$7,138
Sep 20194562355.052.66$4,133
Aug 20193357153.112.30$3,068
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20192058.482.74$117
Apr 2019171,21462.632.75$4,404
Mar 2019354,16356.803.06$14,736
Feb 2019253,82450.852.79$11,949
Jan 2019226,73646.033.23$22,758
Dec 2018214,76946.594.19$20,939
Nov 2018214,77352.934.24$21,336
Oct 2018264,20161.443.40$15,873
Sep 2018233,98959.543.11$13,767
Aug 2018233,98059.403.07$13,571
Jul 2018213,45965.142.93$11,509
Jun 2018233,39360.183.08$11,824
May 2018193,25165.382.90$10,673
Apr 2018223,15263.842.90$10,548
Mar 2018243,14961.222.79$10,245
Feb 2018232,56561.782.77$8,516
Jan 2018282,40562.874.01$11,403
Dec 2017501,75657.272.92$7,994
Nov 20176098455.423.12$6,394
Oct 20171998849.292.98$3,884
Sep 20172271847.523.09$3,262
Aug 20171876245.373.00$3,106
Jul 2017201,28443.873.09$4,841
Jun 20171423942.493.09$1,333
May 2017151,04345.373.26$4,084
Apr 2017203,83847.933.21$13,285
Mar 2017183,90946.772.98$12,505
Feb 2017183,53450.452.95$11,343
Jan 2017214,51549.413.42$16,473
Dec 2016164,55648.763.72$17,741
Nov 2016243,57042.492.64$10,460
Oct 2016213,23446.193.09$10,964
Sep 2016183,79541.553.10$12,515
Aug 2016213,95641.442.92$12,439
Jul 2016183,96541.622.92$12,344
Jun 2016283,82445.352.69$11,540
May 2016264,10142.521.99$9,271
Apr 2016273,58336.561.99$8,121
Mar 2016224,49633.011.79$8,792
Feb 2016193,30826.472.06$7,329
Jan 2016254,87927.352.36$12,219
Dec 2015204,65632.362.00$9,966
Nov 2015214,76438.792.17$11,140
Oct 2015204,51943.552.43$11,837
Sep 2015253,93142.992.76$11,918
Aug 2015363,79240.162.87$12,338
Jul 2015284,51348.152.95$14,639
Jun 2015295,45556.152.88$17,354
May 2015405,31055.212.96$17,902
Apr 2015436,90649.822.71$20,834
Mar 2015486,27042.892.93$20,459
Feb 2015405,46744.662.98$18,057
Jan 2015406,33043.433.10$21,364
Dec 2014365,32754.693.59$21,100
Nov 2014465,67370.464.25$27,362
Oct 2014695,96878.303.90$28,684
Sep 2014552,92086.164.05$16,551
Aug 2014701,85489.394.04$13,738
Jul 2014764,32396.564.18$25,407
Jun 2014725,43798.164.74$32,822
May 2014706,11194.734.73$35,515
Apr 2014654,36395.944.81$27,218
Mar 2014654,94095.895.06$31,213
Feb 2014643,71897.406.19$29,255
Jan 2014754,66290.404.86$29,441
Dec 2013655,67991.824.35$30,697
Nov 2013888,27488.853.74$38,749
Oct 20136410,33797.423.78$45,302
Sep 20135910,846104.113.72$46,465
Aug 20137911,553104.253.52$48,932
Jul 2013809,532102.523.72$43,639
Jun 2013987,48094.403.93$38,673
May 2013688,15694.834.15$40,288
Apr 2013667,31893.964.28$37,541
Mar 2013757,47693.623.91$36,274
Feb 2013686,56091.233.42$28,638
Jan 2013937,23991.603.42$33,276
Dec 2012716,80686.773.42$29,438
Nov 2012966,54586.953.62$32,073
Oct 2012906,88489.383.40$31,448
Sep 2012933,22194.672.92$18,204
Aug 2012961,69492.662.91$13,822
Jul 20121448,16985.133.02$36,936
Jun 20121487,02179.822.52$29,500
May 20121219,30591.612.49$34,239
Apr 201211711,653101.652.00$35,162
Mar 20121279,796105.052.22$35,109
Feb 20121258,459101.102.57$34,379
Jan 20121489,23898.092.73$39,775
Dec 20111458,70996.873.24$42,261
Nov 20111336,97095.723.31$35,810
Oct 20111408,11684.983.65$41,509
Sep 20111517,40283.623.99$42,130
Aug 2011769,69683.404.15$46,570
Jul 2011878,99394.144.52$48,814
Jun 20119310,20192.904.64$55,971
May 20119511,37898.134.40$59,440
Apr 201114610,730105.964.33$61,966
Mar 201118912,21796.364.06$67,781
Feb 201127211,76985.644.18$72,488
Jan 201129312,99386.504.59$84,967
Dec 201022713,86385.734.35$79,734
Nov 201024214,96680.843.80$76,364
Oct 20104811,23578.103.51$43,171
Sep 20105412,59072.633.98$54,024
Aug 20103514,92773.684.42$68,547
Jul 20104617,05272.554.74$84,104
Jun 20104617,95670.364.91$91,408
May 201014519,99571.124.24$94,996
Apr 201013922,36181.694.12$103,542
Mar 201012710,36278.394.39$55,431
Feb 20101151,93673.585.44$18,998
Jan 201013812,01474.365.96$81,914
Dec 200914412,33271.445.48$77,913
Nov 200910813,93774.593.75$60,340
Oct 20093916,97772.544.11$72,609
Sep 20094019,90565.543.06$63,625
Aug 20093523,88667.423.22$79,237
Jul 20094125,71661.133.46$91,599
Jun 20094226,19966.163.90$104,824
May 20094332,97754.743.93$131,813
Apr 20099134,90546.773.59$129,478
Mar 200913935,44942.144.06$149,745
Feb 200912829,74532.814.63$142,008
Jan 20097233,40735.865.37$182,011
Dec 20085338,10537.105.98$229,725
Nov 200824046,24255.496.86$330,554
Oct 200827755,40775.246.92$404,368
Sep 200818654,996101.767.88$452,136

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                  287 Mcf  × $  3.05 =       $874

────────────────────────────────────────────────────
Month total                                     $874

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/255123 is the state's own key, not one this site invented.