PEC MINERALS GAS UNIT NO. 3

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 261111District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.5 M
Jan 2011 – May 2026
Value, last 12 filed months
$424 k
at the published price for each month
Months reported
185
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 Gas112011-11-22204380
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
CondensateDisposition136 bbl$12,132
GasProduction3,988,243 Mcf$14,456,166
Total$14,468,298

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 32.2378, -94.1159. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23776, -94.11590 · 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
10,854 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 10,854 ft.

Completions filed
Jan 2011
1 of 1 wells

1 well

42-365374281H10,854 ftJan 2011

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 (185)

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

185 months

May 202607,243106.413.05$22,061
Apr 202607,26098.932.87$20,834
Mar 202607,92889.753.15$24,969
Feb 202607,37563.503.75$27,659
Jan 202608,44359.138.00$67,526
Dec 202509,28756.664.41$40,987
Nov 202509,62158.593.93$37,776
Oct 2025010,35059.383.30$34,205
Sep 2025010,42162.743.08$32,065
Aug 2025010,97563.933.01$33,087
Jul 2025012,68166.743.32$42,040
Jun 2025012,88266.483.13$40,304
May 2025014,05460.553.23$45,427
Apr 2025015,23162.363.54$53,965
Mar 2025018,21567.704.27$77,747
Feb 2025018,05070.884.34$78,352
Jan 2025021,94874.324.28$93,908
Dec 2024026,91468.993.12$84,009
Nov 2024032,13469.052.20$70,645
Oct 2024040,41171.372.28$92,194
Sep 2024016,82369.612.36$39,776
Aug 202405,21875.632.06$10,768
Jul 202401279.932.15$26
Jun 2024247,55478.082.63$125,412
May 2024028,99978.812.20$63,753
Apr 202404,03284.451.66$6,690
Mar 2024011,81080.301.55$18,248
Feb 2024011,56076.091.78$20,619
Jan 2024012,85173.023.30$42,378
Dec 2023014,76671.262.61$38,550
Nov 2023015,20377.892.81$42,683
Oct 2023017,79985.443.09$54,951
Sep 2023020,06789.042.74$54,884
Aug 2023022,03680.522.67$58,900
Jul 202307,93874.852.64$20,971
Jun 202306,14068.962.26$13,867
May 202306,48470.622.23$14,442
Apr 202306,91378.122.24$15,470
Mar 202308,52772.852.39$20,406
Feb 202302,89775.112.47$7,143
Jan 202308,06676.533.39$27,325
Dec 202206,27776.415.73$35,961
Nov 202206,76885.005.65$38,213
Oct 202207,86287.185.86$46,101
Sep 202208,30184.888.16$67,767
Aug 202209,05194.529.13$82,610
Jul 202209,277101.587.54$69,968
Jun 202206,453115.097.98$51,477
May 2022010,201109.378.43$86,025
Apr 2022011,896104.226.84$81,340
Mar 2022018,577108.885.08$94,304
Feb 202205,48091.054.86$26,626
Jan 20220081.844.54$0
Dec 202102,89571.323.90$11,288
Nov 202106,99177.435.24$36,611
Oct 202107,20679.795.71$41,174
Sep 202106,86469.865.35$36,729
Aug 202107,88766.024.22$33,288
Jul 202108,74870.783.98$34,835
Jun 202105,10169.493.38$17,245
May 202104,98263.483.02$15,034
Apr 202105,21260.362.76$14,377
Mar 202106,02961.302.72$16,380
Feb 202102,44057.805.55$13,537
Jan 202105,47150.412.81$15,375
Dec 202005,34844.642.68$14,308
Nov 202005,28738.772.71$14,310
Oct 202005,63136.972.48$13,956
Sep 202005,25937.091.99$10,471
Aug 202005,35639.982.39$12,775
Jul 202005,65238.371.83$10,316
Jun 202015,48834.901.69$9,311
May 202005,43016.921.81$9,854
Apr 202004,99914.751.80$9,020
Mar 202005,99530.341.86$11,128
Feb 202005,77049.881.98$11,428
Jan 202006,71257.252.09$14,060
Dec 201906,43659.012.30$14,831
Nov 201906,29655.302.75$17,318
Oct 201906,41853.472.42$15,522
Sep 201906,23355.052.66$16,563
Aug 201906,67553.112.30$15,382
Jul 201907,05656.272.46$17,358
Jun 201906,59252.782.49$16,422
May 201907,08458.482.74$19,412
Apr 201907,31362.632.75$20,116
Mar 201907,79356.803.06$23,863
Feb 201906,86050.852.79$19,155
Jan 201909,00746.033.23$29,076
Dec 201807,87546.594.19$32,960
Nov 201803,54452.934.24$15,017
Oct 201806,80761.443.40$23,131
Sep 201806,76659.543.11$21,029
Aug 201807,39059.403.07$22,662
Jul 201807,67665.142.93$22,505
Jun 201807,51060.183.08$23,108
May 201808,16365.382.90$23,679
Apr 201808,15363.842.90$23,650
Mar 201808,06361.222.79$22,470
Feb 201807,53361.782.77$20,837
Jan 201809,11862.874.01$36,557
Dec 201709,35057.272.92$27,316
Nov 201708,27055.423.12$25,789
Oct 201708,89749.292.98$26,546
Sep 201708,60247.523.09$26,557
Aug 201709,22445.373.00$27,713
Jul 201709,52543.873.09$29,406
Jun 201709,38642.493.09$28,977
May 201709,97045.373.26$32,536
Apr 201709,81847.933.21$31,531
Mar 201709,81946.772.98$29,297
Feb 201709,18250.452.95$27,111
Jan 2017010,75649.413.42$36,773
Dec 2016010,56048.763.72$39,313
Nov 2016010,98142.492.64$29,038
Oct 2016011,01546.193.09$34,039
Sep 2016011,38841.553.10$35,310
Aug 2016011,87841.442.92$34,735
Jul 2016012,04541.622.92$35,224
Jun 2016012,23645.352.69$32,864
May 2016113,02242.521.99$25,970
Apr 2016213,30136.561.99$26,556
Mar 2016012,32433.011.79$22,109
Feb 2016011,18526.472.06$23,082
Jan 2016311,79627.352.36$27,972
Dec 2015111,27632.362.00$22,600
Nov 2015011,57338.792.17$25,083
Oct 2015212,54343.552.43$30,524
Sep 2015112,49642.992.76$34,512
Aug 2015013,11140.162.87$37,661
Jul 2015013,00248.152.95$38,292
Jun 2015112,25856.152.88$35,394
May 2015116,04455.212.96$47,472
Apr 2015013,96749.822.71$37,803
Mar 2015015,19542.892.93$44,593
Feb 2015011,01444.662.98$32,780
Jan 2015010,58943.433.10$32,833
Dec 2014015,45754.693.59$55,512
Nov 2014016,24970.464.25$69,088
Oct 2014017,55578.303.90$68,481
Sep 2014016,68786.164.05$67,506
Aug 2014018,04889.394.04$72,826
Jul 2014018,57096.564.18$77,615
Jun 2014217,66598.164.74$83,873
May 2014120,20294.734.73$95,581
Apr 2014020,13795.944.81$96,841
Mar 2014421,64995.895.06$109,858
Feb 2014019,66897.406.19$121,784
Jan 2014022,40890.404.86$108,919
Dec 2013022,71191.824.35$98,895
Nov 2013022,73188.853.74$84,975
Oct 2013024,97297.423.78$94,378
Sep 2013025,267104.113.72$93,936
Aug 2013626,737104.253.52$94,810
Jul 2013028,178102.523.72$104,758
Jun 20131327,36994.403.93$108,881
May 20131032,33994.834.15$135,125
Apr 2013015,28993.964.28$65,477
Mar 20131232,40293.623.91$127,908
Feb 2013730,45891.233.42$104,802
Jan 2013534,03491.603.42$116,851
Dec 2012135,48186.773.42$121,437
Nov 2012336,03686.953.62$130,890
Oct 2012038,79589.383.40$131,891
Sep 2012339,28094.672.92$114,919
Aug 2012043,51992.662.91$126,560
Jul 2012048,01585.133.02$145,044
Jun 2012047,95679.822.52$120,803
May 2012051,44691.612.49$128,014
Apr 2012253,400101.652.00$106,832
Mar 2012058,256105.052.22$129,449
Feb 2012057,270101.102.57$147,198
Jan 2012065,70698.092.73$179,645
Dec 2011070,35496.873.24$227,929
Nov 2011073,26795.723.31$242,608
Oct 2011081,31184.983.65$296,666
Sep 2011084,22883.623.99$335,716
Aug 2011095,58983.404.15$396,629
Jul 20110106,60494.144.52$481,556
Jun 20110115,56892.904.64$536,222
May 20111137,05198.134.40$603,783
Apr 201116154,803105.964.33$672,500
Mar 201112173,64896.364.06$705,705
Feb 20110219,73585.644.18$918,488
Jan 201123160,17086.504.59$736,974

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                7,243 Mcf  × $  3.05 =    $22,061

────────────────────────────────────────────────────
Month total                                  $22,061

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/261111 is the state's own key, not one this site invented.