HANGING "W" RANCH

Operated by LAKOTA ENERGY, LTD. (P-5 483657) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 240642District 09Field 652802002 tax incentive programmesGasSaveExport
Value, all time
$5.4 M
Aug 2008 – May 2026
Value, last 12 filed months
$266 k
at the published price for each month
Months reported
214
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

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
High Cost Gas112008-11-24185789
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
GasProduction1,342,524 Mcf$5,404,871
Total$5,404,871

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 33.1145, -97.3493. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.11449, -97.34927 · 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
8,075 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 8,075 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-1213334398,075 ftAug 2008

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 (214)

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

214 months

May 20266,826106.413.05$20,791
Apr 20267,39898.932.87$21,230
Mar 20269,31789.753.15$29,343
Feb 202610,96163.503.75$41,107
Jan 202612,93359.138.00$103,437
Dec 2025056.664.41$0
Nov 202595558.593.93$3,750
Oct 20252,92959.383.30$9,680
Sep 20252,99862.743.08$9,225
Aug 20253,53963.933.01$10,669
Jul 20252,34566.743.32$7,774
Jun 20252,75966.483.13$8,632
May 20252,98460.553.23$9,645
Apr 20253,03562.363.54$10,753
Mar 20253,22967.704.27$13,782
Feb 20252,65670.884.34$11,529
Jan 20253,22774.324.28$13,807
Dec 20243,22668.993.12$10,070
Nov 20243,26469.052.20$7,176
Oct 20243,37571.372.28$7,700
Sep 20243,39669.612.36$8,029
Aug 20243,40375.632.06$7,023
Jul 20243,79879.932.15$8,153
Jun 20242,17778.082.63$5,734
May 20243,57778.812.20$7,864
Apr 20243,77784.451.66$6,267
Mar 20243,53380.301.55$5,459
Feb 20243,31076.091.78$5,904
Jan 20243,51373.023.30$11,585
Dec 20233,61871.262.61$9,446
Nov 20233,10777.892.81$8,723
Oct 20233,40585.443.09$10,512
Sep 20233,39989.042.74$9,296
Aug 20233,59780.522.67$9,614
Jul 20233,78274.852.64$9,991
Jun 20233,78468.962.26$8,546
May 20233,32770.622.23$7,411
Apr 20234,01278.122.24$8,978
Mar 20232,52472.852.39$6,040
Feb 20232,31675.112.47$5,711
Jan 20233,65476.533.39$12,379
Dec 20224,31176.415.73$24,698
Nov 20224,39885.005.65$24,832
Oct 20224,76387.185.86$27,929
Sep 20224,44584.888.16$36,288
Aug 20224,86194.529.13$44,367
Jul 20224,389101.587.54$33,102
Jun 20224,285115.097.98$34,182
May 20224,419109.378.43$37,266
Apr 20224,296104.226.84$29,374
Mar 20224,633108.885.08$23,519
Feb 20224,52091.054.86$21,962
Jan 20225,13681.844.54$23,306
Dec 20215,19671.323.90$20,260
Nov 20215,22677.435.24$27,368
Oct 20214,47379.795.71$25,558
Sep 20215,34969.865.35$28,622
Aug 20215,57766.024.22$23,538
Jul 20215,83870.783.98$23,247
Jun 20216,02569.493.38$20,368
May 20215,80263.483.02$17,509
Apr 20212,80060.362.76$7,724
Mar 20213,34861.302.72$9,096
Feb 20215,82557.805.55$32,317
Jan 20213,44350.412.81$9,676
Dec 20202,89644.642.68$7,748
Nov 20202,80738.772.71$7,597
Oct 20202,91736.972.48$7,230
Sep 20202,85837.091.99$5,690
Aug 20203,03639.982.39$7,241
Jul 20206,77938.371.83$12,372
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 202047414.751.80$855
Mar 20202,87430.341.86$5,335
Feb 20202,63949.881.98$5,227
Jan 20202,77657.252.09$5,815
Dec 20192,76859.012.30$6,378
Nov 20192,66455.302.75$7,328
Oct 20192,73553.472.42$6,615
Sep 20192,64155.052.66$7,018
Aug 20192,76253.112.30$6,365
Jul 20192,68756.272.46$6,610
Jun 20192,48752.782.49$6,196
May 20193,78958.482.74$10,383
Apr 20194,01862.632.75$11,052
Mar 20194,30856.803.06$13,192
Feb 20193,61250.852.79$10,086
Jan 20194,43446.033.23$14,314
Dec 20184,35046.594.19$18,207
Nov 20182,66552.934.24$11,292
Oct 20182,32961.443.40$7,914
Sep 20184,17859.543.11$12,985
Aug 20184,38659.403.07$13,450
Jul 20184,33665.142.93$12,713
Jun 20184,17860.183.08$12,855
May 20184,42665.382.90$12,839
Apr 20184,66763.842.90$13,538
Mar 20183,59761.222.79$10,024
Feb 20184,24061.782.77$11,728
Jan 20184,78062.874.01$19,165
Dec 20175,19157.272.92$15,166
Nov 20173,67755.423.12$11,466
Oct 20173,88249.292.98$11,583
Sep 20173,85747.523.09$11,908
Aug 20174,76345.373.00$14,310
Jul 20174,76243.873.09$14,702
Jun 20174,54842.493.09$14,041
May 20173,61045.373.26$11,781
Apr 20174,73547.933.21$15,207
Mar 20174,27346.772.98$12,749
Feb 20174,38650.452.95$12,950
Jan 20174,90849.413.42$16,779
Dec 20164,79948.763.72$17,866
Nov 20164,84642.492.64$12,815
Oct 20164,80646.193.09$14,852
Sep 20164,85341.553.10$15,047
Aug 20165,25741.442.92$15,373
Jul 20163,93141.622.92$11,496
Jun 20164,69945.352.69$12,621
May 20164,94842.521.99$9,852
Apr 20164,61536.561.99$9,189
Mar 20164,67233.011.79$8,382
Feb 20164,93326.472.06$10,180
Jan 20165,37727.352.36$12,713
Dec 20154,85232.362.00$9,711
Nov 20155,03538.792.17$10,913
Oct 20155,97643.552.43$14,501
Sep 20155,91042.992.76$16,302
Aug 20156,21040.162.87$17,838
Jul 20154,89748.152.95$14,422
Jun 20155,14956.152.88$14,844
May 20155,19255.212.96$15,345
Apr 20155,64349.822.71$15,273
Mar 20156,04442.892.93$17,737
Feb 20155,51644.662.98$16,417
Jan 20156,26943.433.10$19,438
Dec 20146,28154.693.59$22,557
Nov 20145,89770.464.25$25,073
Oct 20146,12478.303.90$23,889
Sep 20146,17486.164.05$24,977
Aug 20146,33289.394.04$25,550
Jul 20146,49396.564.18$27,138
Jun 20146,41998.164.74$30,406
May 20146,95094.734.73$32,850
Apr 20146,57195.944.81$31,601
Mar 20146,93495.895.06$35,064
Feb 20146,77897.406.19$41,969
Jan 20146,85790.404.86$33,330
Dec 20135,78591.824.35$25,191
Nov 20136,54488.853.74$24,463
Oct 20136,17997.423.78$23,353
Sep 20136,412104.113.72$23,838
Aug 20137,100104.253.52$25,011
Jul 20137,219102.523.72$26,838
Jun 20137,08994.403.93$27,884
May 20136,92694.834.15$28,737
Apr 20137,17293.964.28$30,715
Mar 20137,96393.623.91$31,158
Feb 20137,10391.233.42$24,292
Jan 20137,95591.603.42$27,205
Dec 20127,80086.773.42$26,677
Nov 20127,67786.953.62$27,829
Oct 20128,39889.383.40$28,551
Sep 20128,10294.672.92$23,645
Aug 20129,54692.662.91$27,761
Jul 201210,06785.133.02$30,410
Jun 20129,75779.822.52$24,578
May 201210,13791.612.49$25,224
Apr 201210,154101.652.00$20,276
Mar 201210,067105.052.22$22,370
Feb 20129,620101.102.57$24,726
Jan 201210,40998.092.73$28,459
Dec 201110,36196.873.24$33,567
Nov 201110,09295.723.31$33,417
Oct 201110,52184.983.65$38,386
Sep 20119,98083.623.99$39,778
Aug 201110,06983.404.15$41,780
Jul 20119,41594.144.52$42,530
Jun 20118,28892.904.64$38,455
May 20119,04198.134.40$39,824
Apr 20118,818105.964.33$38,211
Mar 20119,51796.364.06$38,614
Feb 20118,86385.644.18$37,047
Jan 20119,96786.504.59$45,736
Dec 20109,80885.734.35$42,643
Nov 20109,78880.843.80$37,149
Oct 201010,15778.103.51$35,640
Sep 20109,86572.633.98$39,257
Aug 201010,21673.684.42$45,148
Jul 201010,36172.554.74$49,075
Jun 201010,29370.364.91$50,543
May 201010,94871.124.24$46,367
Apr 201010,68081.694.12$44,030
Mar 201011,32478.394.39$49,697
Feb 201010,40673.585.44$56,633
Jan 201012,38074.365.96$73,835
Dec 200911,87771.445.48$65,131
Nov 200912,83274.593.75$48,139
Oct 200912,47072.544.11$51,255
Sep 200912,26965.543.06$37,601
Aug 200912,78267.423.22$41,139
Jul 200912,98961.133.46$45,000
Jun 200912,73266.163.90$49,591
May 200913,51454.743.93$53,053
Apr 200914,15746.773.59$50,788
Mar 200916,22442.144.06$65,853
Feb 20097,26432.814.63$33,654
Jan 20096,53235.865.37$35,083
Dec 200818,50237.105.98$110,589
Nov 200819,72755.496.86$135,334
Oct 200823,21375.246.92$160,680
Sep 200826,902101.767.88$211,909
Aug 200827,952114.228.48$237,117

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                6,826 Mcf  × $  3.05 =    $20,791

────────────────────────────────────────────────────
Month total                                  $20,791

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. 09/G/240642 is the state's own key, not one this site invented.