PEC MINERALS GAS UNIT NO. 1

Operated by XTO ENERGY INC. (P-5 945936) in the CARTHAGE (HAYNESVILLE SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 259599District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.0 M
Jun 2010 – May 2026
Value, last 12 filed months
$127 k
at the published price for each month
Months reported
192
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 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
as the register files it
Field class
Gas
the register's own label
Between wells
0 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 2013-01-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112011-05-11202278
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
CondensateDisposition314 bbl$25,113
GasProduction5,589,994 Mcf$20,972,378
Total$20,997,491

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 32.2355, -94.1156. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23548, -94.11558 · 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
10,816 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 10,816 ft.

Completions filed
Jun 2010
1 of 1 wells

1 well

42-365374952H10,816 ftJun 2010

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 (192)

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

192 months

May 202603,848106.413.05$11,720
Apr 202601,61098.932.87$4,620
Mar 202602,27989.753.15$7,178
Feb 202602,60163.503.75$9,755
Jan 202602,91859.138.00$23,338
Dec 202502,77556.664.41$12,247
Nov 202503,74658.593.93$14,708
Oct 202508,11859.383.30$26,829
Sep 2025088162.743.08$2,711
Aug 202501,56063.933.01$4,703
Jul 202501,53866.743.32$5,099
Jun 202501,29466.483.13$4,049
May 202501,39060.553.23$4,493
Apr 202501,42862.363.54$5,060
Mar 202501,02167.704.27$4,358
Feb 2025070570.884.34$3,060
Jan 202503,09374.324.28$13,234
Dec 202402,29968.993.12$7,176
Nov 202401,86369.052.20$4,096
Oct 202402,27771.372.28$5,195
Sep 202402,58769.612.36$6,117
Aug 202403,50375.632.06$7,229
Jul 202405,05179.932.15$10,842
Jun 202426,74478.082.63$17,920
May 202401,93078.812.20$4,243
Apr 202401,37084.451.66$2,273
Mar 202405,64680.301.55$8,724
Feb 202405,68976.091.78$10,147
Jan 202404,66273.023.30$15,374
Dec 202307,80471.262.61$20,374
Nov 202308,58777.892.81$24,109
Oct 2023010,81485.443.09$33,386
Sep 2023012,25089.042.74$33,504
Aug 2023017,68980.522.67$47,281
Jul 202307,55374.852.64$19,954
Jun 2023043868.962.26$989
May 2023011,73470.622.23$26,136
Apr 202308,19878.122.24$18,345
Mar 202308,91972.852.39$21,345
Feb 202308,09075.112.47$19,947
Jan 2023010,39476.533.39$35,212
Dec 2022010,13876.415.73$58,081
Nov 2022010,92685.005.65$61,690
Oct 2022013,16487.185.86$77,191
Sep 2022013,64884.888.16$111,418
Aug 2022014,95194.529.13$136,460
Jul 2022015,234101.587.54$114,896
Jun 2022014,854115.097.98$118,493
May 2022014,786109.378.43$124,691
Apr 2022012,616104.226.84$86,263
Mar 2022011,075108.885.08$56,221
Feb 2022010,64691.054.86$51,727
Jan 202206,16281.844.54$27,961
Dec 2021010,70171.323.90$41,724
Nov 202108,90177.435.24$46,613
Oct 202109,58079.795.71$54,739
Sep 202109,65469.865.35$51,658
Aug 202109,58066.024.22$40,433
Jul 2021010,10570.783.98$40,239
Jun 202109,47269.493.38$32,021
May 202109,91163.483.02$29,908
Apr 202109,72960.362.76$26,837
Mar 2021011,23861.302.72$30,533
Feb 2021010,02757.805.55$55,629
Jan 2021011,07850.412.81$31,132
Dec 2020010,90944.642.68$29,187
Nov 2020010,83738.772.71$29,331
Oct 2020011,68536.972.48$28,960
Sep 2020011,01537.091.99$21,931
Aug 2020014,97639.982.39$35,719
Jul 2020011,56538.371.83$21,108
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202005,37414.751.80$9,697
Mar 2020010,59630.341.86$19,669
Feb 2020010,07949.881.98$19,963
Jan 2020011,05657.252.09$23,159
Dec 2019010,95059.012.30$25,233
Nov 2019110,20955.302.75$28,137
Oct 2019011,12453.472.42$26,904
Sep 2019011,15855.052.66$29,650
Aug 2019012,02653.112.30$27,712
Jul 2019012,01856.272.46$29,565
Jun 2019011,01552.782.49$27,441
May 2019011,52558.482.74$31,582
Apr 2019011,77262.632.75$32,381
Mar 2019011,19256.803.06$34,271
Feb 2019011,13250.852.79$31,083
Jan 2019011,79446.033.23$38,073
Dec 2018012,37346.594.19$51,786
Nov 2018012,20052.934.24$51,694
Oct 2018012,96661.443.40$44,060
Sep 2018012,42759.543.11$38,623
Aug 2018013,73759.403.07$42,125
Jul 2018013,44265.142.93$39,410
Jun 2018012,36160.183.08$38,034
May 2018012,09265.382.90$35,076
Apr 2018011,47063.842.90$33,272
Mar 2018012,88561.222.79$35,908
Feb 2018010,41561.782.77$28,809
Jan 2018012,98762.874.01$52,069
Dec 2017013,49657.272.92$39,429
Nov 2017012,29855.423.12$38,350
Oct 2017014,19149.292.98$42,341
Sep 2017012,84347.523.09$39,650
Aug 2017014,07045.373.00$42,272
Jul 2017014,94343.873.09$46,133
Jun 2017013,35142.493.09$41,218
May 2017015,35045.373.26$50,093
Apr 2017014,79447.933.21$47,512
Mar 2017015,44546.772.98$46,083
Feb 2017014,43050.452.95$42,606
Jan 2017016,65149.413.42$56,926
Dec 2016014,98348.763.72$55,779
Nov 2016016,41042.492.64$43,394
Oct 2016017,50346.193.09$54,089
Sep 2016015,72241.553.10$48,748
Aug 2016016,62141.442.92$48,605
Jul 2016018,10341.622.92$52,939
Jun 2016016,76345.352.69$45,023
May 2016218,03742.521.99$35,997
Apr 2016117,88136.561.99$35,638
Mar 2016020,47133.011.79$36,725
Feb 2016117,84926.472.06$36,860
Jan 2016118,68127.352.36$44,196
Dec 2015819,75832.362.00$39,803
Nov 2015018,55938.792.17$40,223
Oct 2015021,07443.552.43$51,138
Sep 2015018,89042.992.76$52,107
Aug 2015020,93240.162.87$60,127
Jul 2015020,71048.152.95$60,993
Jun 2015119,43956.152.88$56,096
May 2015221,81055.212.96$64,569
Apr 2015022,42049.822.71$60,681
Mar 2015024,61142.892.93$72,226
Feb 2015022,00344.662.98$65,485
Jan 2015025,76543.433.10$79,888
Dec 2014024,78254.693.59$89,001
Nov 2014023,72070.464.25$100,854
Oct 2014026,30078.303.90$102,595
Sep 2014025,42486.164.05$102,851
Aug 2014027,45189.394.04$110,768
Jul 2014027,63796.564.18$115,512
Jun 2014327,23498.164.74$129,299
May 2014229,82394.734.73$141,150
Apr 2014030,00095.944.81$144,274
Mar 2014431,21395.895.06$158,221
Feb 2014029,57397.406.19$183,116
Jan 2014033,44990.404.86$162,586
Dec 2013035,30891.824.35$153,748
Nov 2013033,77788.853.74$126,268
Oct 2013036,31097.423.78$137,229
Sep 2013036,420104.113.72$135,400
Aug 20131539,025104.253.52$139,034
Jul 2013040,778102.523.72$151,602
Jun 2013540,90294.403.93$161,356
May 2013945,16994.834.15$188,263
Apr 2013042,00293.964.28$179,877
Mar 2013941,69593.623.91$163,990
Feb 2013540,76391.233.42$139,862
Jan 2013446,88791.603.42$160,716
Dec 2012148,05286.773.42$164,432
Nov 2012348,85986.953.62$177,373
Oct 2012049,31789.383.40$167,662
Sep 2012147,60294.672.92$139,016
Aug 20122154,16392.662.91$159,461
Jul 20122262,65185.133.02$191,129
Jun 2012063,49279.822.52$159,939
May 20121268,19291.612.49$170,783
Apr 2012368,386101.652.00$136,858
Mar 2012769,504105.052.22$155,179
Feb 2012167,795101.102.57$174,351
Jan 2012070,97998.092.73$194,062
Dec 2011071,89896.873.24$232,931
Nov 2011075,91095.723.31$251,359
Oct 2011083,99884.983.65$306,470
Sep 2011084,33383.623.99$336,134
Aug 2011091,71683.404.15$380,559
Jul 2011096,43494.144.52$435,616
Jun 2011096,58092.904.64$448,120
May 20111108,39398.134.40$477,550
Apr 20110114,782105.964.33$497,383
Mar 20113124,40596.364.06$505,042
Feb 20110127,71285.644.18$533,834
Jan 20113121,18686.504.59$556,355
Dec 20100152,60385.734.35$663,480
Nov 20100179,58680.843.80$681,588
Oct 20100208,14178.103.51$730,344
Sep 201054227,31672.633.98$908,519
Aug 201040249,36773.684.42$1,104,990
Jul 201067300,35072.554.74$1,427,466
Jun 2010045,35970.364.91$222,731

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                3,848 Mcf  × $  3.05 =    $11,720

────────────────────────────────────────────────────
Month total                                  $11,720

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/259599 is the state's own key, not one this site invented.