MULLINS

Operated by R. LACY SERVICES, LTD. (P-5 687208) in the CARTHAGE (HAYNESVILLE SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 291462District 06Field 160323002 tax incentive programmesGasSaveExport
Value, all time
$55.5 M
Jun 2021 – May 2026
Value, last 12 filed months
$3.2 M
at the published price for each month
Months reported
60
no gaps in the span
Streams
1
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 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
as the register files it
Field class
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 20 acres. The field rule took effect on 2013-01-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
NGPA1none
ST-1112021-11-09229781

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
GasProduction11,999,825 Mcf$55,451,253
Total$55,451,253

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 32.2809, -94.2237. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.28093, -94.22372 · 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
10,971 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 10,971 ft.

Completions filed
Jun 2021
1 of 1 wells

1 well

42-365386042HH10,971 ftJun 2021

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 (60)

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

60 months

May 202663,540106.413.05$193,533
Apr 202663,26298.932.87$181,544
Mar 202667,48089.753.15$212,524
Feb 202663,03063.503.75$236,383
Jan 202672,58859.138.00$580,553
Dec 202576,94956.664.41$339,604
Nov 202586,51558.593.93$339,696
Oct 202559,03059.383.30$195,085
Sep 202573,12362.743.08$224,994
Aug 202577,00963.933.01$232,164
Jul 202578,97266.743.32$261,808
Jun 202577,82266.483.13$243,483
May 202581,72260.553.23$264,152
Apr 202579,40962.363.54$281,356
Mar 202585,36267.704.27$364,352
Feb 202578,64270.884.34$341,372
Jan 202589,34774.324.28$382,287
Dec 202491,65768.993.12$286,095
Nov 202490,96369.052.20$199,977
Oct 202496,02971.372.28$219,081
Sep 202495,02869.612.36$224,680
Aug 2024100,91875.632.06$208,257
Jul 2024103,58679.932.15$222,357
Jun 2024103,04878.082.63$271,426
May 2024109,76578.812.20$241,312
Apr 2024107,44184.451.66$178,266
Mar 2024115,49580.301.55$178,455
Feb 2024111,40476.091.78$198,705
Jan 2024122,61473.023.30$404,339
Dec 2023125,88771.262.61$328,656
Nov 2023125,61277.892.81$352,663
Oct 2023133,77785.443.09$413,007
Sep 2023133,64189.042.74$365,513
Aug 2023144,16680.522.67$385,338
Jul 2023131,90674.852.64$348,469
Jun 2023172,50168.962.26$389,590
May 2023188,20970.622.23$419,217
Apr 2023192,92678.122.24$431,722
Mar 2023205,54672.852.39$491,904
Feb 2023196,93475.112.47$485,576
Jan 2023230,58876.533.39$781,168
Dec 2022221,33276.415.73$1,268,029
Nov 2022249,24785.005.65$1,407,298
Oct 2022272,38587.185.86$1,597,200
Sep 2022287,83884.888.16$2,349,817
Aug 2022310,79794.529.13$2,836,694
Jul 2022336,718101.587.54$2,539,554
Jun 2022346,961115.097.98$2,767,777
May 2022393,277109.378.43$3,316,521
Apr 2022408,812104.226.84$2,795,293
Mar 2022413,894108.885.08$2,101,092
Feb 2022386,62591.054.86$1,878,549
Jan 2022450,57981.844.54$2,044,583
Dec 2021483,54471.323.90$1,885,396
Nov 2021472,28977.435.24$2,473,307
Oct 2021478,62479.795.71$2,734,795
Sep 2021521,55569.865.35$2,790,799
Aug 2021567,33966.024.22$2,394,505
Jul 2021573,92370.783.98$2,285,407
Jun 2021320,64369.493.38$1,083,972

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
Gas               63,540 Mcf  × $  3.05 =   $193,533

────────────────────────────────────────────────────
Month total                                 $193,533

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/291462 is the state's own key, not one this site invented.