EADS

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

Gas lease lease 264497District 06Field 953691602 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.4 M
Dec 2011 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
174
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 473 leases and 477 wells, and the rule below applies to all of them.

Discovered
1955-09-19
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 2012-11-06.

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 Gas112012-10-24207432
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
CondensateDisposition4,159 bbl$306,948
GasProduction2,185,643 Mcf$7,100,102
Total$7,407,050

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 32.5744, -94.1290. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.57438, -94.12896 · 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
9,550 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 9,550 ft.

Completions filed
Dec 2011
1 of 1 wells

1 well

42-203350732H9,550 ftDec 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 (174)

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

174 months

May 20260751106.413.05$2,287
Apr 20260098.932.87$0
Mar 2026026689.753.15$838
Feb 2026023763.503.75$889
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202501,03658.593.93$4,068
Oct 2025075859.383.30$2,505
Sep 2025021862.743.08$671
Aug 2025069763.933.01$2,101
Jul 202501,44566.743.32$4,790
Jun 2025078566.483.13$2,456
May 2025053260.553.23$1,720
Apr 202501,13062.363.54$4,004
Mar 2025045067.704.27$1,921
Feb 202501,67070.884.34$7,249
Jan 20250274.324.28$9
Dec 202401,87168.993.12$5,840
Nov 202401,49869.052.20$3,293
Oct 2024033871.372.28$771
Sep 20240169.612.36$2
Aug 202401,29375.632.06$2,668
Jul 202402,86879.932.15$6,156
Jun 202401,78178.082.63$4,691
May 202402,85878.812.20$6,283
Apr 202402,26284.451.66$3,753
Mar 202401,62580.301.55$2,511
Feb 202405,15976.091.78$9,202
Jan 202401573.023.30$49
Dec 202304,15571.262.61$10,848
Nov 202303,46077.892.81$9,714
Oct 202303,19785.443.09$9,870
Sep 202303,55689.042.74$9,726
Aug 202302,71380.522.67$7,252
Jul 202303,68074.852.64$9,722
Jun 202324,72068.962.26$10,798
May 202303,23870.622.23$7,212
Apr 202323,61978.122.24$8,255
Mar 202366,29672.852.39$15,504
Feb 20230075.112.47$0
Jan 2023243,74076.533.39$14,507
Dec 2022165,22776.415.73$31,168
Nov 202223,46085.005.65$19,706
Oct 202243,40187.185.86$20,291
Sep 202207,37384.888.16$60,191
Aug 202203,74594.529.13$34,181
Jul 202205,457101.587.54$41,157
Jun 202206,034115.097.98$48,134
May 20221722,670109.378.43$41,328
Apr 202215,029104.226.84$34,491
Mar 2022125,603108.885.08$29,750
Feb 20220091.054.86$0
Jan 2022028881.844.54$1,307
Dec 202104,22071.323.90$16,454
Nov 2021103,42477.435.24$18,705
Oct 2021252,87279.795.71$18,405
Sep 2021253,36169.865.35$19,731
Aug 2021153,20266.024.22$14,505
Jul 2021407,61170.783.98$33,139
Jun 202152,73269.493.38$9,583
May 202122,47263.483.02$7,587
Apr 20211845,49760.362.76$26,269
Mar 202107,29161.302.72$19,809
Feb 202102,52957.805.55$14,031
Jan 202112,58650.412.81$7,318
Dec 202004,06844.642.68$10,884
Nov 202004,36438.772.71$11,811
Oct 202014,53736.972.48$11,282
Sep 202083,80737.091.99$7,877
Aug 2020105,56439.982.39$13,671
Jul 202015,02638.371.83$9,211
Jun 2020194,68634.901.69$8,584
May 202024,33316.921.81$7,897
Apr 202006,21814.751.80$11,220
Mar 2020174,48130.341.86$8,834
Feb 2020185,28049.881.98$11,356
Jan 2020265,52557.252.09$13,062
Dec 2019115,40159.012.30$13,095
Nov 2019285,53855.302.75$16,782
Oct 201906,38853.472.42$15,450
Sep 201904,79355.052.66$12,736
Aug 201956,30053.112.30$14,783
Jul 201936,19956.272.46$15,419
Jun 201966,68552.782.49$16,970
May 201927,08358.482.74$19,527
Apr 201945,65162.632.75$15,795
Mar 201915,76456.803.06$17,707
Feb 201916,74650.852.79$18,887
Jan 201905,55246.033.23$17,923
Dec 201807,98246.594.19$33,408
Nov 201808,15452.934.24$34,550
Oct 201808,00861.443.40$27,212
Sep 201818,50559.543.11$26,493
Aug 201807,81259.403.07$23,956
Jul 201818,41565.142.93$24,737
Jun 2018108,47360.183.08$26,673
May 201878,35265.382.90$24,685
Apr 2018107,68463.842.90$22,928
Mar 201808,78761.222.79$24,488
Feb 20181757,66261.782.77$32,006
Jan 201816,73762.874.01$27,074
Dec 201797,77157.272.92$23,219
Nov 2017157,13255.423.12$23,071
Oct 201729,04049.292.98$27,071
Sep 20171769,34147.523.09$37,202
Aug 2017129,13545.373.00$27,990
Jul 201709,47543.873.09$29,252
Jun 201759,38942.493.09$29,199
May 2017910,24445.373.26$33,839
Apr 2017010,33847.933.21$33,202
Mar 2017610,13046.772.98$30,505
Feb 201739,83150.452.95$29,178
Jan 20171210,42949.413.42$36,248
Dec 201617510,03248.763.72$45,880
Nov 20162510,26442.492.64$28,204
Oct 2016310,85546.193.09$33,683
Sep 2016010,65941.553.10$33,050
Aug 2016011,74341.442.92$34,341
Jul 2016011,51441.622.92$33,671
Jun 2016011,43145.352.69$30,702
May 201617511,43542.521.99$30,209
Apr 2016011,66036.561.99$23,216
Mar 201616812,35233.011.79$27,705
Feb 2016011,56626.472.06$23,868
Jan 2016113,26827.352.36$31,398
Dec 2015613,42432.362.00$27,061
Nov 2015113,45438.792.17$29,198
Oct 2015113,71543.552.43$33,324
Sep 201517713,60542.992.76$45,138
Aug 2015514,67540.162.87$42,355
Jul 20151014,62348.152.95$43,547
Jun 20151114,79556.152.88$43,270
May 2015115,57355.212.96$46,080
Apr 2015215,70749.822.71$42,612
Mar 2015520,66442.892.93$60,857
Feb 201519720,86844.662.98$70,905
Jan 2015820,87043.433.10$65,058
Dec 2014620,74254.693.59$74,820
Nov 2014321,10170.464.25$89,929
Oct 2014020,43178.303.90$79,701
Sep 2014820,20486.164.05$82,423
Aug 20141023,05289.394.04$93,911
Jul 201417723,30596.564.18$114,497
Jun 20141122,89598.164.74$109,531
May 20141323,55794.734.73$112,575
Apr 201420123,98595.944.81$134,631
Mar 20142223,78895.895.06$122,401
Feb 20142223,47997.406.19$147,525
Jan 2014425,89790.404.86$126,240
Dec 20131026,79791.824.35$117,605
Nov 20133326,91188.853.74$103,533
Oct 201318028,41797.423.78$124,934
Sep 20133029,592104.113.72$113,139
Aug 2013029,866104.253.52$105,206
Jul 201322030,719102.523.72$136,760
Jun 20132629,97594.403.93$120,358
May 20131324,13194.834.15$101,354
Apr 201319424,34793.964.28$122,496
Mar 20131126,61293.623.91$105,159
Feb 201322126,59991.233.42$111,128
Jan 2013731,26891.603.42$107,575
Dec 201218727,89986.773.42$111,645
Nov 201240233,65986.953.62$156,966
Oct 2012936,14589.383.40$123,686
Sep 2012238,85894.672.92$113,593
Aug 2012044,82492.662.91$130,355
Jul 2012049,65685.133.02$150,001
Jun 2012051,70379.822.52$130,242
May 2012061,88491.612.49$153,987
Apr 2012069,885101.652.00$139,546
Mar 2012087,972105.052.22$195,481
Feb 20121106,768101.102.57$274,520
Jan 20120100,74298.092.73$275,437
Dec 2011030,40796.873.24$98,511

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                  751 Mcf  × $  3.05 =     $2,287

────────────────────────────────────────────────────
Month total                                   $2,287

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/264497 is the state's own key, not one this site invented.