PRESTON HEIRS UNIT

Operated by ATLAS OPERATING LLC (P-5 36587) in the RAINTREE (TRAVIS PEAK CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 280805District 06Field 742657002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Aug 2015 – May 2026
Value, last 12 filed months
$63 k
at the published price for each month
Months reported
130
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 71 leases and 71 wells, and the rule below applies to all of them.

Discovered
2008-06-10
as the register files it
Field class
Gas
the register's own label
Between wells
660 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 2008-06-10.

The Commission's schedule remark for this field reads: OPERATORS ARE NOT REQUIRED TO FILE FORM P15 AND PLAT.

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 Gas112017-06-16220234
NGPA2none

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
CondensateDisposition204 bbl$8,745
GasProduction677,551 Mcf$2,007,032
Total$2,015,777

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 31.4969, -94.8742. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49694, -94.87418 · 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
11,574 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 11,574 ft.

Completions filed
Aug 2015
1 of 1 wells

1 well

42-005304011011,574 ftAug 2015

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 (130)

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

130 months

May 202600106.413.05$0
Apr 202601,77098.932.87$5,079
Mar 202601,97989.753.15$6,233
Feb 202601,31763.503.75$4,939
Jan 202601,45959.138.00$11,669
Dec 202501,50356.664.41$6,633
Nov 202501,41358.593.93$5,548
Oct 202501,45259.383.30$4,799
Sep 202501,45662.743.08$4,480
Aug 202501,52863.933.01$4,607
Jul 202501,50666.743.32$4,993
Jun 202501,40966.483.13$4,408
May 202501,46660.553.23$4,739
Apr 202501,46562.363.54$5,191
Mar 202501,62567.704.27$6,936
Feb 202501,32770.884.34$5,760
Jan 202502,44674.324.28$10,466
Dec 202402,52668.993.12$7,885
Nov 202402,38069.052.20$5,232
Oct 202401,81971.372.28$4,150
Sep 202401,71369.612.36$4,050
Aug 202401,82175.632.06$3,758
Jul 202401,77279.932.15$3,804
Jun 202401,92678.082.63$5,073
May 202401,99778.812.20$4,390
Apr 202401,95684.451.66$3,245
Mar 202402,30980.301.55$3,568
Feb 202401,98776.091.78$3,544
Jan 202402,11873.023.30$6,984
Dec 202302,22871.262.61$5,817
Nov 202302,25277.892.81$6,323
Oct 202302,27485.443.09$7,020
Sep 202302,43189.042.74$6,649
Aug 202302,25380.522.67$6,022
Jul 202302,43174.852.64$6,422
Jun 202302,24568.962.26$5,070
May 202302,47570.622.23$5,513
Apr 202302,22778.122.24$4,983
Mar 202302,54272.852.39$6,083
Feb 202302,15575.112.47$5,314
Jan 202302,69376.533.39$9,123
Dec 202202,57476.415.73$14,747
Nov 202202,75485.005.65$15,550
Oct 202202,91687.185.86$17,099
Sep 202202,93584.888.16$23,960
Aug 202202,98194.529.13$27,208
Jul 202203,042101.587.54$22,943
Jun 202203,008115.097.98$23,995
May 202203,028109.378.43$25,535
Apr 202202,842104.226.84$19,432
Mar 202203,055108.885.08$15,508
Feb 202202,90591.054.86$14,115
Jan 202202,79581.844.54$12,683
Dec 202102,87171.323.90$11,194
Nov 202102,87377.435.24$15,045
Oct 202103,20579.795.71$18,313
Sep 202103,11469.865.35$16,663
Aug 202103,20766.024.22$13,535
Jul 202103,02870.783.98$12,058
Jun 202103,00769.493.38$10,166
May 202102,98963.483.02$9,020
Apr 202102,96060.362.76$8,165
Mar 202103,05861.302.72$8,308
Feb 202102,88657.805.55$16,011
Jan 202103,35050.412.81$9,414
Dec 202003,52044.642.68$9,418
Nov 202003,53838.772.71$9,576
Oct 202003,54936.972.48$8,796
Sep 202003,45737.091.99$6,883
Aug 202003,47139.982.39$8,279
Jul 202003,75838.371.83$6,859
Jun 202003,80334.901.69$6,428
May 202004,07816.921.81$7,401
Apr 202003,77114.751.80$6,804
Mar 202004,12230.341.86$7,651
Feb 202003,87549.881.98$7,675
Jan 202004,24557.252.09$8,892
Dec 201904,17959.012.30$9,630
Nov 201903,96255.302.75$10,898
Oct 201903,97553.472.42$9,614
Sep 201903,91955.052.66$10,414
Aug 201904,42853.112.30$10,204
Jul 201904,39556.272.46$10,812
Jun 201904,24952.782.49$10,585
May 201905,27558.482.74$14,455
Apr 201904,70962.632.75$12,953
Mar 201904,16056.803.06$12,738
Feb 201904,07150.852.79$11,367
Jan 201903,84946.033.23$12,425
Dec 201804,74646.594.19$19,864
Nov 201805,44952.934.24$23,089
Oct 201805,79061.443.40$19,675
Sep 201805,62759.543.11$17,489
Aug 201805,91259.403.07$18,130
Jul 201806,01565.142.93$17,635
Jun 201805,97660.183.08$18,388
May 201806,31265.382.90$18,310
Apr 201806,40463.842.90$18,577
Mar 201806,49261.222.79$18,092
Feb 2018425,98461.782.77$19,147
Jan 201806,77262.874.01$27,151
Dec 2017106,93157.272.92$20,822
Nov 201706,96455.423.12$21,716
Oct 201707,39249.292.98$22,055
Sep 201707,27547.523.09$22,460
Aug 201707,78145.373.00$23,377
Jul 201708,07043.873.09$24,914
Jun 201708,04442.493.09$24,834
May 2017448,53745.373.26$29,856
Apr 201708,53647.933.21$27,414
Mar 201709,05046.772.98$27,002
Feb 201708,59050.452.95$25,363
Jan 201709,83649.413.42$33,627
Dec 2016010,25848.763.72$38,189
Nov 2016010,33642.492.64$27,332
Oct 2016011,17946.193.09$34,546
Sep 2016011,42241.553.10$35,415
Aug 2016012,33241.442.92$36,063
Jul 20164413,07341.622.92$40,061
Jun 2016013,48545.352.69$36,218
May 2016014,85442.521.99$29,575
Apr 2016015,69936.561.99$31,257
Mar 2016017,99433.011.79$32,281
Feb 2016019,08226.472.06$39,378
Jan 20166421,96627.352.36$53,686
Dec 2015023,96432.362.00$47,962
Nov 2015031,56438.792.17$68,410
Oct 2015036,46643.552.43$88,488
Sep 20150042.992.76$0
Aug 20150040.162.87$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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                1,770 Mcf  × $  2.87 =     $5,079

────────────────────────────────────────────────────
Month total                                   $5,079

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/280805 is the state's own key, not one this site invented.