DAVIS

Operated by PEGASI OPERATING INC. (P-5 650623) in the KILDARE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 97480District 06Field 49204200NGPA filingCondensateGasSaveExport
Value, all time
$365 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered
1972-03-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,000 ft
minimum
From a lease line
1,000 ft
minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 03/01/96.

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

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
CondensateDisposition2,017 bbl$66,730
GasProduction125,628 Mcf$298,649
Total$365,379

54,607 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.9166, -94.2484. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.91665, -94.24842 · 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
10,200 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 10,200 ft.

Completions filed
Aug 1981
1 of 1 wells

1 well

42-06730349110,200 ftAug 1981

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130193.623.91$4
Feb 20130191.233.42$3
Jan 201302491.603.42$82
Dec 201201286.773.42$41
Nov 20120086.953.62$0
Oct 20120889.383.40$27
Sep 201203194.672.92$90
Aug 201202692.662.91$76
Jul 201202185.133.02$63
Jun 2012190079.822.52$15,166
May 20120091.612.49$0
Apr 2012013101.652.00$26
Mar 2012039105.052.22$87
Feb 2012014101.102.57$36
Jan 201201698.092.73$44
Dec 201102896.873.24$91
Nov 201103095.723.31$99
Oct 201107684.983.65$277
Sep 201101683.623.99$64
Aug 201105083.404.15$207
Jul 201103194.144.52$140
Jun 201102892.904.64$130
May 201104598.134.40$198
Apr 2011028105.964.33$121
Mar 201104896.364.06$195
Feb 201103185.644.18$130
Jan 201101186.504.59$50
Dec 201002785.734.35$117
Nov 201003380.843.80$125
Oct 201004578.103.51$158
Sep 201004072.633.98$159
Aug 201003973.684.42$172
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100671.124.24$25
Apr 201002481.694.12$99
Mar 201003878.394.39$167
Feb 201002773.585.44$147
Jan 201002974.365.96$173
Dec 200901871.445.48$99
Nov 200903574.593.75$131
Oct 200905172.544.11$210
Sep 200918511865.543.06$12,487
Aug 200902367.423.22$74
Jul 200902861.133.46$97
Jun 200902866.163.90$109
May 200903854.743.93$149
Apr 200903146.773.59$111
Mar 200902542.144.06$101
Feb 200903032.814.63$139
Jan 200901935.865.37$102
Dec 200801837.105.98$108
Nov 200802155.496.86$144
Oct 200803475.246.92$235
Sep 2008040101.767.88$315
Aug 2008030114.228.48$254
Jul 2008039131.0811.39$444
Jun 2008030131.3313.03$391
May 2008028123.1711.57$324
Apr 2008028110.3110.45$293
Mar 2008034101.909.66$329
Feb 200803992.538.77$342
Jan 200802790.388.21$222
Dec 200701588.337.30$110
Nov 200704791.677.29$343
Oct 200704982.856.92$339
Sep 20071816475.846.24$14,127
Aug 200703469.066.39$217
Jul 2007010470.906.39$664
Jun 200705262.007.55$393
May 2007011758.747.85$918
Apr 200709759.617.81$757
Mar 2007010456.927.30$759
Feb 200708655.108.22$707
Jan 2007012050.306.73$807
Dec 2006014156.656.92$976
Nov 2006013354.207.62$1,013
Oct 200607954.906.01$475
Sep 200603360.085.04$166
Aug 200606968.717.34$506
Jul 200607869.376.34$495
Jun 200608866.286.38$562
May 2006010866.016.42$694
Apr 200607764.397.36$567
Mar 2006020556.707.08$1,452
Feb 2006015157.597.75$1,170
Jan 200606060.598.93$536
Dec 2005053454.9413.42$7,164
Nov 2005073854.6910.59$7,814
Oct 2005037758.3413.80$5,201
Sep 2005032161.4512.08$3,877
Aug 2005044161.519.80$4,320
Jul 2005028555.697.84$2,235
Jun 2005028852.337.38$2,126
May 2005044445.226.65$2,953
Apr 2005047849.207.36$3,518
Mar 2005053150.377.15$3,799
Feb 2005054845.226.31$3,459
Jan 2005038043.166.32$2,402
Dec 2004037339.866.75$2,518
Nov 2004033145.286.33$2,095
Oct 2004068049.706.52$4,430
Sep 2004053843.245.28$2,843
Aug 2004039542.375.55$2,193
Jul 2004033238.286.08$2,020
Jun 2004031736.106.43$2,039
May 2004058237.486.49$3,780
Apr 2004071834.475.86$4,206
Mar 2004091434.365.53$5,055
Feb 2004054432.455.51$2,997
Jan 2004063332.036.30$3,988
Dec 2003055230.266.30$3,479
Nov 2003067728.804.60$3,111
Oct 2003028328.174.76$1,347
Sep 2003016126.314.75$765
Aug 2003038829.765.13$1,990
Jul 2003011929.415.17$615
Jun 2003045928.565.98$2,746
May 2003014526.595.97$866
Apr 2003067026.675.41$3,623
Mar 2003036431.146.10$2,219
Feb 2003058333.487.93$4,621
Jan 2003019430.315.58$1,083
Dec 2002065226.914.85$3,165
Nov 2002076624.664.14$3,169
Oct 2002039226.464.23$1,658
Sep 2002019227.443.64$698
Aug 2002051025.963.16$1,614
Jul 2002094324.583.06$2,887
Jun 2002072323.733.34$2,414
May 2002034324.663.58$1,229
Apr 2002040723.653.51$1,430
Mar 2002088622.003.10$2,749
Feb 2002054318.222.38$1,290
Jan 2002019817.172.38$470
Dec 200101,12016.932.36$2,648
Nov 2001063718.072.41$1,532
Oct 200101519.782.53$38
Sep 2001034624.262.25$779
Aug 2001097824.873.05$2,986
Jul 2001097823.933.20$3,127
Jun 200111,17924.563.82$4,533
May 200101,03125.524.31$4,441
Apr 2001045824.685.34$2,444
Mar 200111,48924.545.38$8,030
Feb 200118698627.755.77$10,848
Jan 2001084327.478.40$7,080
Dec 2000184826.889.12$7,763
Nov 200002,35832.215.66$13,342
Oct 200004031.235.15$206
Sep 200009731.875.19$503
Aug 200007529.644.54$341
Jul 2000010928.534.09$446
Jun 2000010929.304.40$479
May 2000011727.263.68$431
Apr 2000030524.513.12$950
Mar 2000211028.422.86$371
Feb 2000031027.622.73$845
Jan 2000030025.272.48$744
Dec 1999019524.282.42$473
Nov 199902523.192.43$61
Oct 1999023820.982.80$667
Sep 199911,54721.752.62$4,073
Aug 1999034019.262.88$978
Jul 1999040817.892.37$968
Jun 199916437815.942.36$3,507
May 1999181015.792.32$1,896
Apr 1999143115.102.21$967
Mar 1999286612.471.84$1,617
Feb 199908309.981.82$1,509
Jan 1999044010.381.90$836
Dec 199801,0489.201.77$1,858
Nov 1998040810.892.19$892
Oct 1998044812.421.97$882
Sep 199818057412.592.08$3,462
Aug 1998190411.301.91$1,736
Jul 1998190211.742.24$2,030
Jun 199821,14311.242.24$2,580
May 199821,59012.622.21$3,533
Apr 1998262213.042.51$1,584
Mar 1998082012.802.31$1,894
Feb 199819189813.952.30$4,729
Jan 199802,35014.702.15$5,064
Dec 199702,35016.322.41$5,666
Nov 199722,35018.193.09$7,294
Oct 1997021019.253.15$661
Sep 1997042017.742.95$1,241
Aug 1997042017.862.55$1,073
Jul 1997266017.582.25$1,518
Jun 199702,40017.242.26$5,417
May 1997045018.972.31$1,039
Apr 1997039017.882.08$812
Mar 1997032018.951.94$621
Feb 1997060020.492.21$1,324
Jan 1997066723.483.54$2,361
Dec 199601,11623.32$0
Nov 1996212121.97$44
Oct 1996021023.31$0
Sep 1996041522.22$0
Aug 199603720.26$0
Jul 199602,91619.55$0
Jun 199604,08718.73$0
May 19961354,23619.43$2,623
Apr 199603,78521.51$0
Mar 199601,58019.38$0
Feb 1996827916.98$136
Jan 19961742,37417.07$2,970
Dec 199501,51817.19$0
Nov 1995078616.00$0
Oct 199503,73315.43$0
Sep 199502,25216.18$0
Aug 199502,33715.92$0
Jul 1995138315.24$15
Jun 1995088716.41$0
May 19950517.56$0
Apr 19951342517.73$230
Mar 199519454516.44$3,189
Feb 1995041716.58$0
Jan 1995059915.92$0
Dec 1994066915.03$0
Nov 1994067615.90$0
Oct 1994069615.58$0
Sep 1994061815.29$0
Aug 1994055416.13$0
Jul 199401,02317.56$0
Jun 19940017.09$0
May 1994077415.88$0
Apr 1994071114.14$0
Mar 199401,04012.46$0
Feb 1994070212.50$0
Jan 199401,05612.66$0
Dec 1993077812.33$0
Nov 1993097114.49$0
Oct 1993076715.85$0
Sep 1993079115.03$0
Aug 199301,19315.66$0
Jul 1993092815.46$0
Jun 199301,35316.79$0
May 199301,08917.68$0
Apr 1993066418.05$0
Mar 199301,14218.14$0
Feb 199319153217.90$3,419
Jan 1993083716.93$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.

Mar 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 93.62 =         $0
Gas                    1 Mcf  × $  3.91 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/97480 is the state's own key, not one this site invented.