MCFADDEN-BAGLEY UNIT

Operated by AGIS ENERGY LLC (P-5 103297) 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 278088District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.9 M
Jun 2014 – May 2026
Value, last 12 filed months
$456 k
at the published price for each month
Months reported
144
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 Gas112015-11-05214082
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
CondensateDisposition12,033 bbl$769,100
GasProduction3,873,818 Mcf$13,130,268
Total$13,899,368

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 32.1375, -94.0684. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13751, -94.06843 · 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
9,863 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 9,863 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-365380961H9,863 ftJun 2014

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 (144)

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

144 months

May 2026110,975106.413.05$33,535
Apr 2026110,87298.932.87$31,299
Mar 2026113,05389.753.15$41,199
Feb 202607,48663.503.75$28,075
Jan 2026010,42559.138.00$83,378
Dec 202511,90156.664.41$8,446
Nov 202504,03458.593.93$15,839
Oct 202508,89359.383.30$29,390
Sep 2025117,69162.743.08$54,497
Aug 2025119,65663.933.01$59,322
Jul 2025111,48066.743.32$38,125
Jun 2025010,48466.483.13$32,802
May 2025116,55860.553.23$53,581
Apr 2025114,94162.363.54$53,000
Mar 2025216,79467.704.27$71,818
Feb 2025115,15570.884.34$65,856
Jan 2025122,02174.324.28$94,295
Dec 2024410,89068.993.12$34,268
Nov 2024623,74669.052.20$52,618
Oct 2024926,55371.372.28$61,220
Sep 2024827,20969.612.36$64,889
Aug 20241428,27975.632.06$59,416
Jul 20241528,05179.932.15$61,413
Jun 20241531,52578.082.63$84,207
May 20242030,83778.812.20$69,369
Apr 20247828,81184.451.66$54,390
Mar 20245938,35880.301.55$64,006
Feb 20245127,98376.091.78$53,792
Jan 20242516,32073.023.30$55,643
Dec 20233330,73071.262.61$82,579
Nov 20231224,25977.892.81$69,043
Oct 20231526,33785.443.09$82,591
Sep 20231825,24089.042.74$70,635
Aug 20231625,78880.522.67$70,217
Jul 20232026,20874.852.64$70,733
Jun 20237723,27068.962.26$57,865
May 20237532,01570.622.23$76,607
Apr 20237730,50978.122.24$74,287
Mar 202381,59172.852.39$4,390
Feb 20230075.112.47$0
Jan 202301,14076.533.39$3,862
Dec 20223615,03376.415.73$88,876
Nov 20223016,94885.005.65$98,242
Oct 20222922,68887.185.86$135,565
Sep 20222521,86384.888.16$180,605
Aug 20223322,00394.529.13$203,944
Jul 20223022,059101.587.54$169,418
Jun 20224922,537115.097.98$185,422
May 20226923,883109.378.43$208,953
Apr 20229618,056104.226.84$133,465
Mar 20229418,466108.885.08$103,976
Feb 20228217,09491.054.86$90,523
Jan 20228421,92281.844.54$106,350
Dec 20219024,63171.323.90$102,458
Nov 20212222,53477.435.24$119,711
Oct 20213223,35279.795.71$135,984
Sep 20211822,86469.865.35$123,601
Aug 20212024,06466.024.22$102,885
Jul 20212224,42370.783.98$98,812
Jun 20213623,66769.493.38$82,511
May 20216126,28263.483.02$83,183
Apr 20217731,47260.362.76$91,461
Mar 202110920,50661.302.72$62,395
Feb 20215913,01757.805.55$75,628
Jan 20214219,85150.412.81$57,904
Dec 20202220,56544.642.68$56,003
Nov 20201621,40138.772.71$58,544
Oct 20203123,27736.972.48$58,836
Sep 2020924,02937.091.99$48,177
Aug 20202526,30639.982.39$63,742
Jul 20202528,99038.371.83$53,869
Jun 20204031,09834.901.69$53,961
May 2020037,25016.921.81$67,599
Apr 20202840,94014.751.80$74,284
Mar 20204444,38830.341.86$83,729
Feb 20206650,90749.881.98$104,122
Jan 20209849,52057.252.09$109,342
Dec 20199938,49659.012.30$94,551
Nov 2019559,04255.302.75$27,913
Oct 20197612,76753.472.42$34,941
Sep 20197515,70455.052.66$45,859
Aug 20198414,94453.112.30$38,898
Jul 201911414,56556.272.46$42,246
Jun 20199717,76952.782.49$49,386
May 2019559,72258.482.74$29,858
Apr 201917812,73662.632.75$46,181
Mar 201921015,97356.803.06$60,839
Feb 201920415,69450.852.79$54,195
Jan 201921919,16946.033.23$71,962
Dec 201821016,76446.594.19$79,949
Nov 201823114,56652.934.24$73,946
Oct 201819316,85561.443.40$69,133
Sep 201813223,23759.543.11$80,080
Aug 2018203,32059.403.07$11,369
Jul 201831,28265.142.93$3,954
Jun 20186060.183.08$361
May 2018472,61865.382.90$10,667
Apr 201814514,60463.842.90$51,620
Mar 201815415,47761.222.79$52,560
Feb 201817915,44761.782.77$53,787
Jan 201812216,14362.874.01$72,393
Dec 201711016,69657.272.92$55,077
Nov 201711716,32155.423.12$57,379
Oct 201710418,14749.292.98$59,271
Sep 201711317,66647.523.09$59,910
Aug 20176417,92245.373.00$56,749
Jul 20174410,07243.873.09$33,025
Jun 201717812,01042.493.09$44,641
May 201712717,72945.373.26$63,619
Apr 201713915,40047.933.21$56,121
Mar 201710915,98046.772.98$52,777
Feb 20178114,82250.452.95$47,850
Jan 201711316,86449.413.42$63,238
Dec 20167317,88748.763.72$70,150
Nov 20167317,07442.492.64$48,251
Oct 201612217,83946.193.09$60,762
Sep 20167618,26541.553.10$59,791
Aug 201610420,03741.442.92$62,905
Jul 201610620,57641.622.92$64,583
Jun 201614420,45945.352.69$61,480
May 201617922,72742.521.99$52,861
Apr 201614323,81636.561.99$52,647
Mar 201616423,57433.011.79$47,706
Feb 201615223,81226.472.06$53,163
Jan 201615723,03727.352.36$58,762
Dec 201519627,56432.362.00$61,509
Nov 2015929,18638.792.17$63,605
Oct 2015930,18143.552.43$73,629
Sep 2015931,61842.992.76$87,603
Aug 20151135,56740.162.87$102,608
Jul 2015830,51148.152.95$90,243
Jun 2015736,92656.152.88$106,846
May 20152840,05355.212.96$119,921
Apr 201512340,48349.822.71$115,698
Mar 201512945,60042.892.93$139,356
Feb 201514342,33544.662.98$132,383
Jan 20159839,88243.433.10$127,915
Dec 201419767,23454.693.59$252,235
Nov 201420076,64570.464.25$339,974
Oct 2014264100,28278.303.90$411,867
Sep 2014503126,70686.164.05$555,920
Aug 20141,086187,54689.394.04$853,848
Jul 2014706249,51896.564.18$1,111,057
Jun 2014290164,40198.164.74$807,214

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             1 bbl  × $106.41 =       $106
Gas               10,975 Mcf  × $  3.05 =    $33,428

────────────────────────────────────────────────────
Month total                                  $33,535

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/278088 is the state's own key, not one this site invented.