WERNER-MICHER

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

Gas lease lease 264328District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Aug 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
178
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and 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 40 acres. The field rule took effect on 2011-02-08.

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 Gas112013-01-31208663
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
CondensateDisposition5,548 bbl$390,918
GasProduction1,488,528 Mcf$4,926,191
Total$5,317,110

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 32.0087, -94.0635. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.00870, -94.06346 · 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
9,526 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 9,526 ft.

Completions filed
Aug 2011
1 of 1 wells

1 well

42-365377505H9,526 ftAug 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 (178)

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

178 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 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 20230080.522.67$0
Jul 20230074.852.64$0
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 20230076.533.39$0
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 202200101.587.54$0
Jun 20220322115.097.98$2,569
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 2022162781.844.54$2,927
Dec 2021577271.323.90$3,367
Nov 2021614077.435.24$1,198
Oct 2021222,45479.795.71$15,777
Sep 2021143,10069.865.35$17,566
Aug 2021172,80466.024.22$12,957
Jul 2021152,86470.783.98$12,466
Jun 2021111,55869.493.38$6,031
May 2021112,81463.483.02$9,190
Apr 2021172,96160.362.76$9,194
Mar 2021393,08961.302.72$10,783
Feb 2021172,93457.805.55$17,260
Jan 2021303,26950.412.81$10,699
Dec 2020353,13844.642.68$9,958
Nov 2020273,20238.772.71$9,713
Oct 2020243,32836.972.48$9,136
Sep 2020181,98737.091.99$4,624
Aug 2020253,74639.982.39$9,934
Jul 2020253,53238.371.83$7,406
Jun 2020203,29634.901.69$6,269
May 202063,77716.921.81$6,956
Apr 202001,77714.751.80$3,206
Mar 202002,86330.341.86$5,314
Feb 2020042649.881.98$844
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 2019057853.112.30$1,332
Jul 2019082156.272.46$2,020
Jun 2019294852.782.49$2,467
May 2019131458.482.74$919
Apr 2019383362.632.75$2,479
Mar 201921,30156.803.06$4,097
Feb 201933,76150.852.79$10,654
Jan 201934,24346.033.23$13,835
Dec 201884,26946.594.19$18,240
Nov 2018155,38152.934.24$23,595
Oct 2018144,34161.443.40$15,611
Sep 2018145,97159.543.11$19,391
Aug 2018176,10759.403.07$19,737
Jul 2018166,15165.142.93$19,076
Jun 2018166,39260.183.08$20,631
May 2018106,09365.382.90$18,328
Apr 201842,53563.842.90$7,609
Mar 20181061.222.79$61
Feb 201885,01161.782.77$14,355
Jan 2018185,96862.874.01$25,059
Dec 2017145,08157.272.92$15,646
Nov 2017136,33855.423.12$20,485
Oct 2017166,84949.292.98$21,224
Sep 2017167,38247.523.09$23,551
Aug 2017148,23745.373.00$25,382
Jul 2017188,63343.873.09$27,442
Jun 2017248,90342.493.09$28,506
May 2017609,84345.373.26$34,844
Apr 20176210,59147.933.21$36,986
Mar 2017715,99746.772.98$21,214
Feb 2017473,71550.452.95$13,340
Jan 2017704,86649.413.42$20,095
Dec 2016805,40948.763.72$24,038
Nov 2016675,45242.492.64$17,264
Oct 2016786,50446.193.09$23,702
Sep 2016865,88841.553.10$21,830
Aug 2016776,50241.442.92$22,205
Jul 2016796,81141.622.92$23,206
Jun 2016797,15345.352.69$22,794
May 2016352,51142.521.99$6,488
Apr 2016647,48436.561.99$17,241
Mar 2016292,24133.011.79$4,978
Feb 2016717,38026.472.06$17,109
Jan 2016203,23127.352.36$8,186
Dec 2015413,14432.362.00$7,619
Nov 2015926,98138.792.17$18,699
Oct 2015986,65243.552.43$20,410
Sep 2015947,01342.992.76$23,386
Aug 2015896,49840.162.87$22,240
Jul 2015855,53848.152.95$20,403
Jun 2015695,58456.152.88$19,972
May 2015583,56055.212.96$13,724
Apr 2015527,64049.822.71$23,269
Mar 2015222,15742.892.93$7,274
Feb 2015599,19744.662.98$30,007
Jan 2015707,58743.433.10$26,565
Dec 2014706,65554.693.59$27,729
Nov 2014726,85070.464.25$34,198
Oct 20146510,10678.303.90$44,513
Sep 2014614,59486.164.05$23,841
Aug 2014574,11789.394.04$21,708
Jul 2014667,71296.564.18$38,606
Jun 2014489,33298.164.74$48,916
May 20145310,21594.734.73$53,303
Apr 20145410,25295.944.81$54,484
Mar 20146211,33695.895.06$63,269
Feb 20146010,60197.406.19$71,485
Jan 20145911,95390.404.86$63,434
Dec 201310512,57091.824.35$64,377
Nov 201310312,55388.853.74$56,078
Oct 20138611,93997.423.78$53,500
Sep 20137114,063104.113.72$59,674
Aug 20137215,153104.253.52$60,884
Jul 20137815,552102.523.72$65,815
Jun 20137916,25794.403.93$71,403
May 20137818,75394.834.15$85,204
Apr 20139718,63793.964.28$88,929
Mar 20136817,57993.623.91$75,151
Feb 20137919,05591.233.42$72,374
Jan 20139921,52091.603.42$82,665
Dec 20128823,48086.773.42$87,941
Nov 201210324,70586.953.62$98,510
Oct 201213726,42689.383.40$102,085
Sep 201210126,77894.672.92$87,711
Aug 20127426,41592.662.91$83,676
Jul 20129330,54085.133.02$100,172
Jun 20127433,39679.822.52$90,033
May 20126039,11991.612.49$102,837
Apr 20125142,845101.652.00$90,737
Mar 20125047,660105.052.22$111,157
Feb 20124951,429101.102.57$137,139
Jan 20125860,48698.092.73$171,063
Dec 20116669,73796.873.24$232,323
Nov 20117975,58195.723.31$257,832
Oct 20118098,15484.983.65$364,917
Sep 201183132,34983.623.99$534,457
Aug 2011125,72483.404.15$106,821

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 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $115.09 =         $0
Gas                  322 Mcf  × $  7.98 =     $2,569

────────────────────────────────────────────────────
Month total                                   $2,569

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/264328 is the state's own key, not one this site invented.