RICE

Operated by M. E. OPERATING & SERVICES, INC. (P-5 518265) in the NACONICHE CREEK (ROD.-TP CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 262308District 06Field 64300287CondensateGasSaveExport
Value, all time
$486 k
May 2011 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
181
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 373 leases and 373 wells, and the rule below applies to all of them.

Discovered
2005-09-27
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 2005-09-27.

The Commission's schedule remark for this field reads: BY HEARING.

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
CondensateDisposition1,400 bbl$117,955
GasProduction101,092 Mcf$368,472
Total$486,426

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 32.0213, -94.7798. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.02130, -94.77982 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,618 ft
1 wells filed one
Completion to plug
14.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 6,618 ft.

Completions filed
May 2011
1 of 1 wells
Plug dates filed
May 2025
1 of 1 wells

Last completion to plug: a median of 14.0 years across the 1 well that filed both dates, with the middle half between 14.0 years and 14.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4013505326,618 ftMay 2011May 2025Yes

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 (181)

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

181 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 202520066.483.13$1,330
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 20240069.052.20$0
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 202306080.522.67$160
Jul 202316731074.852.64$13,319
Jun 2023330068.962.26$884
May 2023031070.622.23$690
Apr 2023130078.122.24$749
Mar 2023031072.852.39$742
Feb 2023028075.112.47$690
Jan 2023231076.533.39$1,203
Dec 2022231076.415.73$1,929
Nov 2022024085.005.65$1,355
Oct 2022131087.185.86$1,905
Sep 2022130084.888.16$2,534
Aug 2022031094.529.13$2,829
Jul 20220310101.587.54$2,338
Jun 20220300115.097.98$2,393
May 20221310109.378.43$2,724
Apr 2022167300104.226.84$19,456
Mar 20221310108.885.08$1,683
Feb 2022228091.054.86$1,543
Jan 2022231081.844.54$1,570
Dec 2021031071.323.90$1,209
Nov 2021031077.435.24$1,623
Oct 2021032079.795.71$1,828
Sep 2021031069.865.35$1,659
Aug 2021032066.024.22$1,351
Jul 202116831070.783.98$13,125
Jun 2021031069.493.38$1,048
May 2021032063.483.02$966
Apr 2021031060.362.76$855
Mar 2021032061.302.72$869
Feb 2021028057.805.55$1,553
Jan 2021031050.412.81$871
Dec 2020027044.642.68$722
Nov 2020019038.772.71$514
Oct 202005036.972.48$124
Sep 2020012037.091.99$239
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 201661042.521.99$2,594
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 201601927.352.36$45
Dec 2015020132.362.00$402
Nov 201508238.792.17$178
Oct 20150043.552.43$0
Sep 2015011842.992.76$325
Aug 2015033840.162.87$971
Jul 2015048348.152.95$1,422
Jun 2015053956.152.88$1,554
May 2015051855.212.96$1,531
Apr 2015054049.822.71$1,462
Mar 2015048042.892.93$1,409
Feb 2015035144.662.98$1,045
Jan 2015025343.433.10$784
Dec 201417051054.693.59$11,129
Nov 2014062870.464.25$2,670
Oct 2014067178.303.90$2,618
Sep 2014071886.164.05$2,905
Aug 2014099189.394.04$3,999
Jul 2014087796.564.18$3,666
Jun 2014073798.164.74$3,491
May 2014075894.734.73$3,583
Apr 2014073495.944.81$3,530
Mar 2014079495.895.06$4,015
Feb 2014053897.406.19$3,331
Jan 2014050990.404.86$2,474
Dec 2013059691.824.35$2,595
Nov 2013059988.853.74$2,239
Oct 2013065697.423.78$2,479
Sep 20130617104.113.72$2,294
Aug 20130552104.253.52$1,944
Jul 2013152928102.523.72$19,033
Jun 2013096594.403.93$3,796
May 201301,19494.834.15$4,954
Apr 201301,48893.964.28$6,372
Mar 201301,99593.623.91$7,806
Feb 201311,88891.233.42$6,548
Jan 201301,56291.603.42$5,342
Dec 201202,09086.773.42$7,148
Nov 20121642,29186.953.62$22,565
Oct 201202,32489.383.40$7,901
Sep 201212,20994.672.92$6,541
Aug 201222,40492.662.91$7,177
Jul 201201,98985.133.02$6,008
Jun 201212,66379.822.52$6,788
May 201202,80191.612.49$6,970
Apr 201202,882101.652.00$5,755
Mar 20121613,340105.052.22$24,335
Feb 201213,117101.102.57$8,113
Jan 201203,89098.092.73$10,636
Dec 20111443,05196.873.24$23,834
Nov 201103,96395.723.31$13,123
Oct 201104,34884.983.65$15,864
Sep 201114,51583.623.99$18,080
Aug 201114,69283.404.15$19,552
Jul 201114,67394.144.52$21,203
Jun 201114,65492.904.64$21,687
May 201103,63998.134.40$16,029

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.

Jun 2025 — as filed, then multipliedworked
Condensate            20 bbl  × $ 66.48 =     $1,330
Gas                    0 Mcf  × $  3.13 =         $0

────────────────────────────────────────────────────
Month total                                   $1,330

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/262308 is the state's own key, not one this site invented.