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 264759District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.4 M
Oct 2011 – May 2026
Value, last 12 filed months
$225 k
at the published price for each month
Months reported
176
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 Gas112013-01-31208661
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
CondensateDisposition11,103 bbl$916,835
GasProduction2,863,579 Mcf$9,467,825
Total$10,384,660

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 32.0247, -94.0691. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.02472, -94.06915 · 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
9,521 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 9,521 ft.

Completions filed
Nov 2011
1 of 1 wells

1 well

42-365377677H9,521 ftNov 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 (176)

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

176 months

May 202600106.413.05$0
Apr 202605,80198.932.87$16,647
Mar 202605,80189.753.15$18,270
Feb 202605,37663.503.75$20,162
Jan 202605,65359.138.00$45,212
Dec 202504,36356.664.41$19,255
Nov 202501,91058.593.93$7,500
Oct 202505,77959.383.30$19,099
Sep 202506,21362.743.08$19,117
Aug 202506,37063.933.01$19,204
Jul 202506,32266.743.32$20,959
Jun 202506,33566.483.13$19,820
May 202568,87060.553.23$29,034
Apr 202566,25362.363.54$22,529
Mar 202586,56067.704.27$28,542
Feb 202555,84970.884.34$25,744
Jan 202596,72374.324.28$29,434
Dec 202466,49668.993.12$20,690
Nov 202465,98869.052.20$13,579
Oct 202466,50671.372.28$15,271
Sep 202446,40569.612.36$15,422
Aug 202426,48375.632.06$13,530
Jul 202416,17379.932.15$13,331
Jun 2024180178.082.63$2,188
May 202426,30178.812.20$14,010
Apr 202453,34684.451.66$5,974
Mar 202486,26980.301.55$10,329
Feb 202455,64976.091.78$10,456
Jan 202442,80673.023.30$9,545
Dec 202365,60571.262.61$15,061
Nov 202375,59177.892.81$16,242
Oct 202345,91785.443.09$18,609
Sep 202335,91989.042.74$16,456
Aug 202335,96280.522.67$16,177
Jul 202346,26574.852.64$16,850
Jun 202346,07768.962.26$14,001
May 202396,56270.622.23$15,252
Apr 2023146,29478.122.24$15,178
Mar 2023136,54872.852.39$16,617
Feb 2023116,06875.112.47$15,788
Jan 2023136,76876.533.39$23,923
Dec 2022146,69476.415.73$39,420
Nov 2022136,99385.005.65$40,589
Oct 202287,12487.185.86$42,471
Sep 202216,89284.888.16$56,349
Aug 202217,04694.529.13$64,404
Jul 202217,458101.587.54$56,350
Jun 202236,532115.097.98$52,452
May 202285,765109.378.43$49,491
Apr 202275,682104.226.84$39,581
Mar 202285,987108.885.08$31,263
Feb 202295,93191.054.86$29,637
Jan 202287,38381.844.54$34,156
Dec 202168,08571.323.90$31,952
Nov 202148,71777.435.24$45,959
Oct 202109,96579.795.71$56,939
Sep 202109,61769.865.35$51,460
Aug 202109,89566.024.22$41,763
Jul 2021010,32770.783.98$41,123
Jun 20210969.493.38$30
May 202107,06763.483.02$21,326
Apr 202107,10460.362.76$19,596
Mar 202107,18761.302.72$19,527
Feb 202106,66757.805.55$36,988
Jan 202107,59050.412.81$21,330
Dec 202005,68944.642.68$15,221
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020073037.091.99$1,453
Aug 202008,66639.982.39$20,669
Jul 202009,31738.371.83$17,005
Jun 202009,83834.901.69$16,629
May 202006,51116.921.81$11,816
Apr 202002,21014.751.80$3,988
Mar 202009,92030.341.86$18,414
Feb 202008,97149.881.98$17,769
Jan 2020010,38457.252.09$21,752
Dec 201908,89259.012.30$20,490
Nov 201908,39755.302.75$23,098
Oct 2019010,52253.472.42$25,448
Sep 201909,90855.052.66$26,328
Aug 2019010,73853.112.30$24,744
Jul 2019110,74256.272.46$26,482
Jun 201956,00452.782.49$15,221
May 201954,46158.482.74$12,517
Apr 20191111,03462.632.75$31,040
Mar 20191311,81656.803.06$36,920
Feb 2019109,16050.852.79$26,085
Jan 20191110,24246.033.23$33,569
Dec 20181913,32446.594.19$56,652
Nov 20181913,00952.934.24$56,128
Oct 20181813,64861.443.40$47,483
Sep 20181713,54259.543.11$43,101
Aug 20182114,19559.403.07$44,777
Jul 20182114,48065.142.93$43,822
Jun 20182513,82160.183.08$44,031
May 20183014,07465.382.90$42,787
Apr 2018137,38363.842.90$22,247
Mar 20182061.222.79$122
Feb 2018189,34861.782.77$26,970
Jan 2018539,04162.874.01$39,580
Dec 2017488,55157.272.92$27,731
Nov 20176314,57055.423.12$48,926
Oct 20177515,34149.292.98$49,469
Sep 20177715,13447.523.09$50,382
Aug 20176615,06445.373.00$48,253
Jul 20177716,08243.873.09$53,028
Jun 20176314,70142.493.09$48,063
May 20177615,50145.373.26$54,034
Apr 20177515,41547.933.21$53,102
Mar 20178516,30446.772.98$52,621
Feb 20175715,23750.452.95$47,864
Jan 20178317,18449.413.42$62,850
Dec 20169417,24848.763.72$68,795
Nov 20168516,41142.492.64$47,008
Oct 20169917,90146.193.09$59,892
Sep 201611017,62141.553.10$59,207
Aug 20169718,18841.442.92$57,208
Jul 201610117,95541.622.92$56,710
Jun 20169817,74145.352.69$52,094
May 2016405,80542.521.99$13,259
Apr 20166614,77736.561.99$31,835
Mar 2016204,89833.011.79$9,447
Feb 20164815,13426.472.06$32,502
Jan 201692,76327.352.36$6,779
Dec 2015132,18232.362.00$4,788
Nov 20156312,03238.792.17$28,521
Oct 20156617,73543.552.43$45,910
Sep 20156016,37842.992.76$47,757
Aug 20156416,48140.162.87$49,912
Jul 20155716,88348.152.95$52,466
Jun 2015265,33056.152.88$16,826
May 2015358,51855.212.96$27,107
Apr 201561,49849.822.71$4,353
Mar 20157042.892.93$300
Feb 20154114,80444.662.98$45,891
Jan 20157122,34243.433.10$72,358
Dec 20147119,49454.693.59$73,893
Nov 20148216,88370.464.25$77,562
Oct 201416015,22678.303.90$71,924
Sep 201429016,57286.164.05$92,027
Aug 201427313,79789.394.04$80,076
Jul 201431419,75196.564.18$112,871
Jun 201422321,14298.164.74$122,037
May 201420723,01994.734.73$128,410
Apr 201419923,38295.944.81$131,539
Mar 201422825,17895.895.06$149,183
Feb 201422323,71897.406.19$168,582
Jan 201420024,30490.404.86$136,215
Dec 201315727,83091.824.35$135,601
Nov 201312828,06788.853.74$116,295
Oct 201310728,85497.423.78$119,474
Sep 20138827,423104.113.72$111,113
Aug 20139029,024104.253.52$111,623
Jul 20139634,175102.523.72$136,896
Jun 20139935,56794.403.93$149,245
May 201311538,40694.834.15$170,255
Apr 201318036,64993.964.28$173,865
Mar 201312434,16193.623.91$145,276
Feb 201314536,05391.233.42$136,526
Jan 201318241,33391.603.42$158,026
Dec 201216219886.773.42$14,734
Nov 201219845,20886.953.62$181,093
Oct 201226349,93489.383.40$193,267
Sep 201234650,72094.672.92$180,777
Aug 201225949,85292.662.91$168,977
Jul 201232758,00885.133.02$203,068
Jun 201226062,51679.822.52$178,234
May 201221767,78491.612.49$188,548
Apr 201240072,187101.652.00$184,803
Mar 201247582,069105.052.22$232,263
Feb 201246982,187101.102.57$258,656
Jan 2012550101,51998.092.73$331,511
Dec 2011353127,56096.873.24$447,456
Nov 201138140,98295.723.31$470,468
Oct 2011630,42784.983.65$111,524

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                5,801 Mcf  × $  2.87 =    $16,647

────────────────────────────────────────────────────
Month total                                  $16,647

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/264759 is the state's own key, not one this site invented.