MORGAN UNIT

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) in the CARTHAGE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 265777District 06Field 160328122 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.4 M
Jul 2011 – May 2026
Value, last 12 filed months
$226 k
at the published price for each month
Months reported
179
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 873 leases and 896 wells, and the rule below applies to all of them.

Discovered
1943-06-10
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 2006-10-10.

The Commission's schedule remark for this field reads: (PETTIT, LOWER).

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 Gas112013-01-31203393
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
CondensateDisposition97,673 bbl$6,799,496
GasProduction175,378 Mcf$593,653
Total$7,393,149

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 32.1804, -94.2783. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18042, -94.27828 · 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
9,660 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 9,660 ft.

Completions filed
Jul 2011
1 of 1 wells

1 well

42-3653282599,660 ftJul 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 (179)

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

179 months

May 202613198106.413.05$1,986
Apr 20262017598.932.87$2,481
Mar 20262819289.753.15$3,118
Feb 202630219063.503.75$19,890
Jan 202659225759.138.00$37,060
Dec 202529313856.664.41$17,210
Nov 202530620958.593.93$18,749
Oct 202545123659.383.30$27,560
Sep 202543325362.743.08$27,945
Aug 202528129563.933.01$18,854
Jul 202544825066.743.32$30,728
Jun 202529425766.483.13$20,349
May 202544516760.553.23$27,485
Apr 20252968062.363.54$18,742
Mar 202530112867.704.27$20,924
Feb 202544721570.884.34$32,617
Jan 202542719274.324.28$32,556
Dec 202428412868.993.12$19,993
Nov 202437420669.052.20$26,278
Oct 202436523071.372.28$26,575
Sep 202438223969.612.36$27,156
Aug 202440423675.632.06$31,042
Jul 202415423979.932.15$12,822
Jun 2024212078.082.63$1,692
May 2024236578.812.20$1,956
Apr 20246839684.451.66$6,400
Mar 20248844580.301.55$7,754
Feb 20248938776.091.78$7,462
Jan 202410544173.023.30$9,121
Dec 202349547071.262.61$36,501
Nov 202340843877.892.81$33,009
Oct 202358247885.443.09$51,202
Sep 202355247889.042.74$50,457
Aug 202356947380.522.67$47,080
Jul 202369356574.852.64$53,364
Jun 202369153868.962.26$48,866
May 202370356570.622.23$50,904
Apr 202371658878.122.24$57,250
Mar 202358663872.852.39$44,217
Feb 202369561675.112.47$53,720
Jan 202395682976.533.39$75,971
Dec 202269566776.415.73$56,926
Nov 202282570085.005.65$74,077
Oct 202266569187.185.86$62,027
Sep 202265949884.888.16$60,001
Aug 202265558094.529.13$67,204
Jul 2022524478101.587.54$56,833
Jun 2022530546115.097.98$65,353
May 2022670582109.378.43$78,186
Apr 2022808589104.226.84$88,237
Mar 2022660609108.885.08$74,952
Feb 202266956991.054.86$63,677
Jan 202265965581.844.54$56,905
Dec 202181670371.323.90$60,938
Nov 202166167377.435.24$54,706
Oct 202165162079.795.71$55,486
Sep 202165863269.865.35$49,350
Aug 202164564966.024.22$45,322
Jul 202164671070.783.98$48,551
Jun 202170160769.493.38$50,765
May 202172865263.483.02$48,181
Apr 202172569260.362.76$45,670
Mar 202172471061.302.72$46,310
Feb 202160357957.805.55$38,066
Jan 202171362750.412.81$37,704
Dec 202071363844.642.68$33,535
Nov 202071663838.772.71$29,486
Oct 202058065936.972.48$23,076
Sep 202072465837.091.99$28,163
Aug 202059471239.982.39$25,446
Jul 202050873038.371.83$20,824
Jun 202065876434.901.69$24,256
May 202050378416.921.81$9,934
Apr 202062377814.751.80$10,593
Mar 202050579730.341.86$16,801
Feb 202062274649.881.98$32,503
Jan 202051079857.252.09$30,869
Dec 201963781559.012.30$39,467
Nov 201949981655.302.75$29,839
Oct 201940795353.472.42$24,067
Sep 201953598455.052.66$32,067
Aug 20196901,08153.112.30$39,137
Jul 20195421,14056.272.46$33,303
Jun 20195301,11852.782.49$30,759
May 20196701,26958.482.74$42,659
Apr 20198231,32162.632.75$55,178
Mar 20195151,21456.803.06$32,969
Feb 20196581,17650.852.79$36,743
Jan 20195541,19746.033.23$29,365
Dec 2018173646.594.19$3,127
Nov 20182028652.934.24$2,270
Oct 201821746561.443.40$14,913
Sep 20183411,17759.543.11$23,961
Aug 20184461,07259.403.07$29,780
Jul 201825969965.142.93$18,921
Jun 201817573860.183.08$12,802
May 20182711,09765.382.90$20,900
Apr 2018491,00863.842.90$6,052
Mar 2018481,05161.222.79$5,868
Feb 20186398361.782.77$6,611
Jan 2018681,09262.874.01$8,653
Dec 2017601,11257.272.92$6,685
Nov 2017571,14555.423.12$6,729
Oct 2017741,15149.292.98$7,082
Sep 20174261,25447.523.09$24,115
Aug 20173521,30745.373.00$19,897
Jul 20175231,33143.873.09$27,053
Jun 20174081,33042.493.09$21,442
May 20174111,31945.373.26$22,951
Apr 20173911,23047.933.21$22,691
Mar 20173951,23746.772.98$22,165
Feb 20174721,08650.452.95$27,019
Jan 20173091,13849.413.42$19,158
Dec 20164481,15348.763.72$26,137
Nov 201637845242.492.64$17,256
Oct 20164711,25746.193.09$25,640
Sep 20163951,19241.553.10$20,108
Aug 20164951,22041.442.92$24,080
Jul 201633762741.622.92$15,860
Jun 20165041,20045.352.69$26,079
May 20167571,36742.521.99$34,909
Apr 20167671,31836.561.99$30,666
Mar 20166291,43933.011.79$23,345
Feb 20161,0041,35926.472.06$29,380
Jan 20166321,41127.352.36$20,621
Dec 20157641,34632.362.00$27,417
Nov 20157581,37138.792.17$32,374
Oct 20157531,55843.552.43$36,574
Sep 20156291,55942.992.76$31,341
Aug 20157501,68940.162.87$34,972
Jul 20157481,86548.152.95$41,509
Jun 20157471,84756.152.88$47,269
May 20158771,90955.212.96$54,061
Apr 20158641,91949.822.71$48,238
Mar 20159591,88842.892.93$46,672
Feb 20156641,65344.662.98$34,574
Jan 20158741,61143.433.10$42,953
Dec 20148741,92754.693.59$54,720
Nov 20146751,95970.464.25$55,890
Oct 20148762,04078.303.90$76,549
Sep 20147802,06086.164.05$75,538
Aug 20148762,12989.394.04$86,896
Jul 20148731,80796.564.18$91,849
Jun 20148981,74098.164.74$96,390
May 20149341,86994.734.73$97,312
Apr 20141,0751,78695.944.81$111,725
Mar 20141,1071,87795.895.06$115,642
Feb 20141,1391,67397.406.19$121,298
Jan 20141,2421,91590.404.86$121,585
Dec 20131,1221,76691.824.35$110,712
Nov 20131,1291,68088.853.74$106,592
Oct 20131,2711,62397.423.78$129,955
Sep 20131,4891,756104.113.72$161,548
Aug 20131,3921,218104.253.52$149,407
Jul 20131,1001,104102.523.72$116,876
Jun 20131,6321,65194.403.93$160,555
May 20131,6883,05494.834.15$172,744
Apr 20131,8062,98593.964.28$182,475
Mar 20132,0743,02393.623.91$205,996
Feb 20131,8002,68291.233.42$173,386
Jan 20131,5232,76491.603.42$148,959
Dec 201201,82186.773.42$6,228
Nov 201265986.953.62$736
Oct 201298189.383.40$1,080
Sep 20121455994.672.92$2,957
Aug 20121381792.662.91$3,581
Jul 2012121,01185.133.02$4,076
Jun 2012121,02079.822.52$3,527
May 2012121,13191.612.49$3,914
Apr 201214997101.652.00$3,414
Mar 2012231,068105.052.22$4,789
Feb 2012241,290101.102.57$5,742
Jan 2012231,70798.092.73$6,923
Dec 2011472,04896.873.24$11,188
Nov 2011272,36895.723.31$10,426
Oct 20111243084.983.65$2,589
Sep 201185683.623.99$892
Aug 2011161,62983.404.15$8,094
Jul 20110094.144.52$0

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            13 bbl  × $106.41 =     $1,383
Gas                  198 Mcf  × $  3.05 =       $603

────────────────────────────────────────────────────
Month total                                   $1,986

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/265777 is the state's own key, not one this site invented.