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 265170District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Mar 2012 – May 2026
Value, last 12 filed months
$83 k
at the published price for each month
Months reported
171
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 Gas112013-01-31208665
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
CondensateDisposition6,682 bbl$412,702
GasProduction1,657,211 Mcf$5,305,702
Total$5,718,404

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 32.0220, -94.0710. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.02199, -94.07098 · 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
9,701 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 9,701 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-3653779999,701 ftMar 2012

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 (171)

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

171 months

May 202600106.413.05$0
Apr 2026086798.932.87$2,488
Mar 2026086789.753.15$2,731
Feb 202601,00163.503.75$3,754
Jan 202601,11059.138.00$8,878
Dec 2025098856.664.41$4,360
Nov 202501,06758.593.93$4,190
Oct 2025099359.383.30$3,282
Sep 2025102,67162.743.08$8,846
Aug 2025373,65463.933.01$13,381
Jul 2025523,68466.743.32$15,684
Jun 2025443,84666.483.13$14,958
May 2025485,35560.553.23$20,215
Apr 2025183,83462.363.54$14,707
Mar 2025234,02767.704.27$18,746
Feb 2025143,76170.884.34$17,318
Jan 2025284,20674.324.28$20,077
Dec 2024184,23368.993.12$14,455
Nov 2024183,98669.052.20$10,006
Oct 2024184,27971.372.28$11,047
Sep 2024134,15069.612.36$10,717
Aug 2024154,37175.632.06$10,155
Jul 2024124,44879.932.15$10,507
Jun 2024124,04978.082.63$11,602
May 2024124,22778.812.20$10,239
Apr 2024443,49184.451.66$9,508
Mar 2024933,04480.301.55$12,171
Feb 2024782,87376.091.78$11,059
Jan 2024813,29673.023.30$16,784
Dec 2023783,26071.262.61$14,069
Nov 2023823,12577.892.81$15,161
Oct 2023343,69785.443.09$14,319
Sep 202343,72189.042.74$10,533
Aug 202344,04080.522.67$11,121
Jul 202354,00574.852.64$10,955
Jun 202353,97168.962.26$9,313
May 202383,60970.622.23$8,604
Apr 2023112,99478.122.24$7,559
Mar 2023103,15472.852.39$8,277
Feb 202383,17375.112.47$8,424
Jan 2023103,36176.533.39$12,151
Dec 2022123,22576.415.73$19,393
Nov 2022153,02585.005.65$18,355
Oct 202293,30487.185.86$20,158
Sep 202213,17784.888.16$26,021
Aug 202213,27294.529.13$29,959
Jul 202213,775101.587.54$28,573
Jun 202284,288115.097.98$35,127
May 2022304,494109.378.43$41,179
Apr 2022253,778104.226.84$28,438
Mar 2022293,705108.885.08$21,966
Feb 2022342,91691.054.86$17,264
Jan 2022293,94781.844.54$20,284
Dec 2021334,46271.323.90$19,751
Nov 2021824,88977.435.24$31,952
Oct 20211295,17179.795.71$39,839
Sep 2021805,65869.865.35$35,864
Aug 20211006,28866.024.22$33,141
Jul 20211016,25170.783.98$32,041
Jun 2021886,02369.493.38$26,477
May 202136,63563.483.02$20,213
Apr 202127,57660.362.76$21,019
Mar 202106,26861.302.72$17,030
Feb 202105,87057.805.55$32,566
Jan 202106,08350.412.81$17,095
Dec 202006,25544.642.68$16,735
Nov 202006,22738.772.71$16,854
Oct 202007,09736.972.48$17,589
Sep 202005,07637.091.99$10,107
Aug 202006,52939.982.39$15,572
Jul 202007,05738.371.83$12,880
Jun 202007,15734.901.69$12,098
May 202006,75516.921.81$12,259
Apr 202006,84714.751.80$12,355
Mar 202006,47830.341.86$12,025
Feb 202005,58949.881.98$11,070
Jan 202007,62057.252.09$15,962
Dec 201905,56259.012.30$12,817
Nov 201906,43655.302.75$17,704
Oct 201907,06253.472.42$17,080
Sep 201906,62755.052.66$17,610
Aug 201907,54053.112.30$17,375
Jul 201917,71756.272.46$19,041
Jun 201945,69752.782.49$14,403
May 201945,47258.482.74$15,229
Apr 201966,41162.632.75$18,011
Mar 201976,88656.803.06$21,483
Feb 201965,99750.852.79$17,050
Jan 201976,73446.033.23$22,061
Dec 2018207,33546.594.19$31,632
Nov 2018357,19752.934.24$32,348
Oct 2018347,78361.443.40$28,536
Sep 2018327,38659.543.11$24,861
Aug 2018397,82459.403.07$26,309
Jul 2018387,82565.142.93$25,417
Jun 2018338,20660.183.08$27,235
May 201878,13565.382.90$24,056
Apr 201877,77263.842.90$22,992
Mar 201817,97161.222.79$22,275
Feb 201827,23561.782.77$20,136
Jan 2018138,26962.874.01$33,970
Dec 2017348,18057.272.92$25,845
Nov 20171039,51455.423.12$35,376
Oct 20171229,35849.292.98$33,935
Sep 20171259,19547.523.09$34,328
Aug 20171089,80645.373.00$34,361
Jul 20171119,08643.873.09$32,921
Jun 2017649,16942.493.09$31,027
May 2017559,08245.373.26$32,134
Apr 20175710,46947.933.21$36,354
Mar 20176510,18346.772.98$33,423
Feb 2017449,55150.452.95$30,420
Jan 2017649,98449.413.42$37,296
Dec 2016879,75948.763.72$40,573
Nov 20161159,46642.492.64$29,918
Oct 201613410,48346.193.09$38,585
Sep 201614810,59641.553.10$39,004
Aug 201613210,72041.442.92$36,819
Jul 201613610,52241.622.92$36,430
Jun 201615610,39945.352.69$35,005
May 201613310,37542.521.99$26,312
Apr 201617010,01136.561.99$26,148
Mar 20161176,37233.011.79$15,294
Feb 20161746,74926.472.06$18,533
Jan 20161519,75827.352.36$27,201
Dec 2015488,82032.362.00$19,206
Nov 2015428,28938.792.17$19,594
Oct 2015448,70843.552.43$23,047
Sep 2015398,71142.992.76$25,705
Aug 2015337,98740.162.87$24,268
Jul 2015337,55948.152.95$23,851
Jun 2015427,42456.152.88$23,761
May 20156110,22555.212.96$33,587
Apr 2015796,91649.822.71$22,654
Mar 2015738,37242.892.93$27,700
Feb 2015746,95944.662.98$24,016
Jan 2015879,18443.433.10$32,255
Dec 20148810,51954.693.59$42,590
Nov 20148710,51570.464.25$50,838
Oct 20145312,13178.303.90$51,472
Sep 2014177,64686.164.05$32,396
Aug 2014167,01389.394.04$29,729
Jul 20141815,01796.564.18$64,503
Jun 20143012,56798.164.74$62,473
May 201414716,30194.734.73$90,973
Apr 201415414,25395.944.81$83,319
Mar 201417612,71595.895.06$81,174
Feb 201417211,75997.406.19$89,565
Jan 201414714,21890.404.86$82,399
Dec 20132514,43491.824.35$65,148
Nov 20132314,93088.853.74$57,856
Oct 20132014,86997.423.78$58,144
Sep 20131616,532104.113.72$63,127
Aug 20131618,431104.253.52$66,593
Jul 20131718,675102.523.72$71,172
Jun 20131718,08994.403.93$72,756
May 20131521,17294.834.15$89,267
Apr 20131020,99993.964.28$90,870
Mar 2013820,77593.623.91$82,039
Feb 2013920,79291.233.42$71,928
Jan 20131124,18791.603.42$83,725
Dec 20121025,82886.773.42$89,204
Nov 2012927,43686.953.62$100,237
Oct 2012831,04189.383.40$106,245
Sep 20121032,37394.672.92$95,424
Aug 2012933,83792.662.91$99,237
Jul 2012943,72185.133.02$132,839
Jun 2012750,60379.822.52$128,030
May 2012663,73491.612.49$159,140
Apr 2012668,757101.652.00$137,904
Mar 2012189,067105.052.22$198,019

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                  867 Mcf  × $  2.87 =     $2,488

────────────────────────────────────────────────────
Month total                                   $2,488

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/265170 is the state's own key, not one this site invented.