PROLOGIS NW UNIT

Operated by SEVEN F OPERATING INC. (P-5 103884) 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 268450District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Mar 2012 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
171
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 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 Gas112013-08-29210825
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
CondensateDisposition4 bbl$376
GasProduction1,063,303 Mcf$3,493,569
Total$3,493,945

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 33.0806, -97.0344. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.08064, -97.03435 · 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
8,656 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 8,656 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-121341131H8,656 ftMar 2012

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 (171)

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

171 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 2025035058.593.93$1,374
Oct 2025034059.383.30$1,124
Sep 2025030762.743.08$945
Aug 20250063.933.01$0
Jul 2025013066.743.32$431
Jun 2025016666.483.13$519
May 202508060.553.23$259
Apr 202506962.363.54$244
Mar 2025023067.704.27$982
Feb 2025019270.884.34$833
Jan 2025023074.324.28$984
Dec 2024040668.993.12$1,267
Nov 2024020069.052.20$440
Oct 2024060771.372.28$1,385
Sep 2024030869.612.36$728
Aug 2024010775.632.06$221
Jul 2024013379.932.15$286
Jun 20240478.082.63$11
May 20240778.812.20$15
Apr 2024052884.451.66$876
Mar 2024055280.301.55$853
Feb 202405776.091.78$102
Jan 2024074973.023.30$2,470
Dec 2023098171.262.61$2,561
Nov 2023091177.892.81$2,558
Oct 2023060185.443.09$1,855
Sep 2023092589.042.74$2,530
Aug 202302,99180.522.67$7,995
Jul 202303,99974.852.64$10,565
Jun 202301,83168.962.26$4,135
May 202302,22870.622.23$4,963
Apr 202301,99978.122.24$4,473
Mar 202302,11472.852.39$5,059
Feb 202301,60275.112.47$3,950
Jan 202301,73576.533.39$5,878
Dec 202201,51876.415.73$8,697
Nov 2022022285.005.65$1,253
Oct 202201,78287.185.86$10,449
Sep 202201,76884.888.16$14,433
Aug 202201,51994.529.13$13,864
Jul 20220836101.587.54$6,305
Jun 202201,396115.097.98$11,136
May 202201,592109.378.43$13,425
Apr 202201,598104.226.84$10,926
Mar 202201,754108.885.08$8,904
Feb 2022075191.054.86$3,649
Jan 202201,49681.844.54$6,788
Dec 202101,50471.323.90$5,864
Nov 2021092477.435.24$4,839
Oct 202101,77479.795.71$10,136
Sep 202102,35169.865.35$12,580
Aug 202102,41866.024.22$10,205
Jul 202102,35970.783.98$9,394
Jun 202102,17469.493.38$7,349
May 202102,40463.483.02$7,254
Apr 202102,14360.362.76$5,911
Mar 202102,17761.302.72$5,915
Feb 2021057057.805.55$3,162
Jan 202102,00150.412.81$5,623
Dec 202001,53544.642.68$4,107
Nov 202001,73438.772.71$4,693
Oct 202001,95336.972.48$4,840
Sep 202001,37537.091.99$2,738
Aug 202001,59439.982.39$3,802
Jul 202001,95438.371.83$3,566
Jun 202001,95834.901.69$3,310
May 202001,70716.921.81$3,098
Apr 202001,30414.751.80$2,353
Mar 202001,32230.341.86$2,454
Feb 202001,31549.881.98$2,605
Jan 202001,51557.252.09$3,174
Dec 201901,07859.012.30$2,484
Nov 201901,21255.302.75$3,334
Oct 20190953.472.42$22
Sep 201901655.052.66$43
Aug 2019049353.112.30$1,136
Jul 20190056.272.46$0
Jun 2019012352.782.49$306
May 2019094658.482.74$2,592
Apr 201901,15362.632.75$3,172
Mar 2019083656.803.06$2,560
Feb 2019060350.852.79$1,684
Jan 2019084946.033.23$2,741
Dec 201801,83946.594.19$7,697
Nov 201803,33652.934.24$14,135
Oct 201804,53961.443.40$15,424
Sep 201804,28859.543.11$13,327
Aug 201804,67759.403.07$14,342
Jul 201804,15665.142.93$12,185
Jun 201804,65860.183.08$14,332
May 201805,07665.382.90$14,724
Apr 201805,44963.842.90$15,806
Mar 201806,09461.222.79$16,983
Feb 201805,26361.782.77$14,558
Jan 201806,85862.874.01$27,496
Dec 201707,38557.272.92$21,575
Nov 201707,52955.423.12$23,478
Oct 201707,88149.292.98$23,514
Sep 201707,02447.523.09$21,685
Aug 201707,40545.373.00$22,248
Jul 201707,09643.873.09$21,907
Jun 201707,65442.493.09$23,630
May 201708,11045.373.26$26,466
Apr 201707,57447.933.21$24,325
Mar 201708,54146.772.98$25,484
Feb 201706,96350.452.95$20,559
Jan 201708,60049.413.42$29,402
Dec 201607,99348.763.72$29,757
Nov 201608,31542.492.64$21,988
Oct 201609,07446.193.09$28,041
Sep 201608,35341.553.10$25,900
Aug 201609,60141.442.92$28,077
Jul 201609,78041.622.92$28,600
Jun 201608,52345.352.69$22,891
May 201608,69942.521.99$17,320
Apr 201608,99236.561.99$17,903
Mar 201609,14233.011.79$16,401
Feb 201609,04726.472.06$18,670
Jan 201609,91027.352.36$23,431
Dec 201508,78632.362.00$17,584
Nov 201509,15938.792.17$19,851
Oct 201509,51543.552.43$23,089
Sep 201509,79242.992.76$27,010
Aug 2015011,21040.162.87$32,201
Jul 201507,83948.152.95$23,086
Jun 2015010,19956.152.88$29,402
May 2015010,79955.212.96$31,916
Apr 2015010,72349.822.71$29,023
Mar 2015010,79242.892.93$31,671
Feb 201509,32944.662.98$27,765
Jan 2015011,02943.433.10$34,197
Dec 2014011,34254.693.59$40,733
Nov 2014011,58870.464.25$49,270
Oct 2014012,08478.303.90$47,139
Sep 2014011,57886.164.05$46,838
Aug 2014011,71889.394.04$47,284
Jul 2014011,73596.564.18$49,048
Jun 2014011,71998.164.74$55,512
May 2014012,40494.734.73$58,628
Apr 2014011,58395.944.81$55,704
Mar 201409,85195.895.06$49,815
Feb 201407,82797.406.19$48,465
Jan 2014011,73390.404.86$57,031
Dec 2013013,06591.824.35$56,891
Nov 2013014,57388.853.74$54,478
Oct 2013014,74697.423.78$55,730
Sep 2013012,059104.113.72$44,832
Aug 2013013,387104.253.52$47,157
Jul 2013013,151102.523.72$48,892
Jun 2013113,84194.403.93$54,537
May 2013214,95794.834.15$62,247
Apr 2013017,45793.964.28$74,761
Mar 2013019,25693.623.91$75,346
Feb 2013018,05391.233.42$61,740
Jan 2013019,24191.603.42$65,802
Dec 2012021,70786.773.42$74,241
Nov 2012023,27486.953.62$84,367
Oct 2012026,31189.383.40$89,449
Sep 2012028,60594.672.92$83,481
Aug 2012033,82492.662.91$98,366
Jul 2012034,13485.133.02$103,112
Jun 2012030,92779.822.52$77,906
May 2012133,61991.612.49$83,746
Apr 2012041,478101.652.00$82,823
Mar 201202,596105.052.22$5,769

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.

Nov 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 58.59 =         $0
Gas                  350 Mcf  × $  3.93 =     $1,374

────────────────────────────────────────────────────
Month total                                   $1,374

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/268450 is the state's own key, not one this site invented.