MORGAN -A-

Operated by PRESIDIO PETROLEUM LLC (P-5 676084) in the PAN PETRO (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148242District 10Field 687351202 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Jan 1994 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
389
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 965 leases and 1,339 wells, and the rule below applies to all of them.

Discovered
1974-03-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-04-18.

The Commission's schedule remark for this field reads: PRORATION ACRES PLATS ARE REQUIRED.

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 Gas111994-03-21129990
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
CondensateDisposition1,652 bbl$103,958
GasProduction599,754 Mcf$1,889,690
Total$1,993,648

194,898 Mcf of this lease's gas, across 34 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 36.3148, -100.6328. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.31484, -100.63278 · 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
7,350 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 7,350 ft.

Completions filed
Feb 1994
1 of 1 wells

1 well

42-3573205227,350 ftFeb 1994

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 (389)

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

389 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 201987053.472.42$4,652
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 2015064038.792.17$1,387
Oct 2015064343.552.43$1,560
Sep 2015093142.992.76$2,568
Aug 2015082440.162.87$2,367
Jul 2015081548.152.95$2,400
Jun 2015090656.152.88$2,612
May 2015085255.212.96$2,518
Apr 201517791249.822.71$11,287
Mar 201501,01342.892.93$2,973
Feb 2015065344.662.98$1,943
Jan 2015077343.433.10$2,397
Dec 2014072054.693.59$2,586
Nov 2014076670.464.25$3,257
Oct 2014055678.303.90$2,169
Sep 2014077686.164.05$3,139
Aug 2014088489.394.04$3,567
Jul 201401,06696.564.18$4,455
Jun 201401,01898.164.74$4,822
May 201401,20394.734.73$5,686
Apr 201401,29795.944.81$6,237
Mar 201401,58595.895.06$8,015
Feb 201402697.406.19$161
Jan 201402290.404.86$107
Dec 201304991.824.35$213
Nov 2013087088.853.74$3,252
Oct 201301,10097.423.78$4,157
Sep 20130852104.113.72$3,168
Aug 201301,303104.253.52$4,590
Jul 20131861,548102.523.72$24,824
Jun 2013055594.403.93$2,183
May 2013051294.834.15$2,124
Apr 2013055593.964.28$2,377
Mar 2013072093.623.91$2,817
Feb 2013077191.233.42$2,637
Jan 2013078991.603.42$2,698
Dec 2012056686.773.42$1,936
Nov 2012088586.953.62$3,208
Oct 2012077889.383.40$2,645
Sep 2012079694.672.92$2,323
Aug 2012093792.662.91$2,725
Jul 2012089885.133.02$2,713
Jun 201201,03779.822.52$2,612
May 201201,27691.612.49$3,175
Apr 20120970101.652.00$1,937
Mar 201201,060105.052.22$2,355
Feb 201201,073101.102.57$2,758
Jan 201201,32198.092.73$3,612
Dec 201101,25296.873.24$4,056
Nov 201101,37195.723.31$4,540
Oct 201101,38384.983.65$5,046
Sep 201101,43083.623.99$5,700
Aug 2011074783.404.15$3,100
Jul 20111891,40194.144.52$24,121
Jun 201101,11592.904.64$5,173
May 201101,60698.134.40$7,074
Apr 201101,322105.964.33$5,729
Mar 201101,01196.364.06$4,102
Feb 2011085185.644.18$3,557
Jan 201101,10486.504.59$5,066
Dec 201001,33085.734.35$5,783
Nov 201001,16780.843.80$4,429
Oct 201001,20078.103.51$4,211
Sep 201001,17972.633.98$4,692
Aug 2010099673.684.42$4,402
Jul 201001,41272.554.74$6,688
Jun 201001,25770.364.91$6,172
May 201001,22871.124.24$5,201
Apr 2010067481.694.12$2,779
Mar 2010077178.394.39$3,384
Feb 2010083673.585.44$4,550
Jan 201019699974.365.96$20,533
Dec 200901,10871.445.48$6,076
Nov 200901,30874.593.75$4,907
Oct 200901,18972.544.11$4,887
Sep 200901,17665.543.06$3,604
Aug 200901,34267.423.22$4,319
Jul 200901,22761.133.46$4,251
Jun 200901,34966.163.90$5,254
May 200901,38154.743.93$5,421
Apr 200901,22746.773.59$4,402
Mar 200901,44742.144.06$5,873
Feb 200901,19532.814.63$5,536
Jan 200901,61035.865.37$8,647
Dec 200801,32037.105.98$7,890
Nov 200802,05155.496.86$14,071
Oct 200802,10075.246.92$14,536
Sep 20081901,753101.767.88$33,143
Aug 200801,293114.228.48$10,969
Jul 200801,433131.0811.39$16,321
Jun 200801,360131.3313.03$17,724
May 200801,590123.1711.57$18,403
Apr 200801,412110.3110.45$14,762
Mar 200801,073101.909.66$10,370
Feb 200801,01692.538.77$8,911
Jan 2008088390.388.21$7,246
Dec 200701,03088.337.30$7,521
Nov 200701,55791.677.29$11,353
Oct 200701,21882.856.92$8,431
Sep 200701,23075.846.24$7,680
Aug 200701,56069.066.39$9,965
Jul 200701,71870.906.39$10,974
Jun 200701,85062.007.55$13,965
May 200701,55458.747.85$12,193
Apr 20071933,21959.617.81$36,630
Mar 200701,76356.927.30$12,873
Feb 200701,50155.108.22$12,332
Jan 200701,21250.306.73$8,153
Dec 200601,28356.656.92$8,876
Nov 200602,11054.207.62$16,073
Oct 200601,73754.906.01$10,446
Sep 200601,77860.085.04$8,956
Aug 200601,65268.717.34$12,126
Jul 200601,94269.376.34$12,318
Jun 200602,52366.286.38$16,107
May 200602,16966.016.42$13,936
Apr 200602,10564.397.36$15,494
Mar 200602,54356.707.08$18,012
Feb 200602,06657.597.75$16,014
Jan 200602,67460.598.93$23,888
Dec 200502,36454.9413.42$31,714
Nov 200502,40954.6910.59$25,507
Oct 200502,01558.3413.80$27,798
Sep 200501,85061.4512.08$22,346
Aug 200501,77061.519.80$17,340
Jul 200502,70355.697.84$21,201
Jun 200502,68052.337.38$19,781
May 200502,39045.226.65$15,896
Apr 200501,87849.207.36$13,823
Mar 200502,22750.377.15$15,934
Feb 200501,69945.226.31$10,724
Jan 200501,56743.166.32$9,907
Dec 200401,42539.866.75$9,620
Nov 20040745.286.33$44
Oct 200401,99349.706.52$12,985
Sep 200401,65243.245.28$8,729
Aug 200402,45342.375.55$13,616
Jul 200402,72438.286.08$16,573
Jun 200402,62536.106.43$16,887
May 200402,30437.486.49$14,964
Apr 200402,36934.475.86$13,879
Mar 200402,64534.365.53$14,627
Feb 200402,38632.455.51$13,146
Jan 200402,56132.036.30$16,133
Dec 200302,43030.266.30$15,313
Nov 200302,63528.804.60$12,108
Oct 200302,41728.174.76$11,504
Sep 200302,45026.314.75$11,636
Aug 200302,21929.765.13$11,383
Jul 200302,39629.415.17$12,389
Jun 200302,38128.565.98$14,245
May 200302,27526.595.97$13,588
Apr 200302,18726.675.41$11,826
Mar 200301,86231.146.10$11,351
Feb 200302,29133.487.93$18,158
Jan 200302,25930.315.58$12,610
Dec 200201,98026.914.85$9,610
Nov 200202,05024.664.14$8,481
Oct 200201,88026.464.23$7,951
Sep 200202,05527.443.64$7,470
Aug 200202,25925.963.16$7,148
Jul 200202,02524.583.06$6,200
Jun 200201,95423.733.34$6,523
May 200201,99124.663.58$7,136
Apr 200202,06123.653.51$7,239
Mar 200202,07022.003.10$6,423
Feb 200201,52418.222.38$3,621
Jan 200202,38917.172.38$5,676
Dec 200102,72316.932.36$6,438
Nov 200101,99218.072.41$4,792
Oct 200102,27519.782.53$5,753
Sep 200102,04824.262.25$4,611
Aug 200102,18624.873.05$6,674
Jul 2001772,49223.933.20$9,810
Jun 200102,28424.563.82$8,734
May 200102,39025.524.31$10,294
Apr 200102,39224.685.34$12,762
Mar 200102,53824.545.38$13,645
Feb 200101,64327.755.77$9,475
Jan 200102,07227.478.40$17,402
Dec 200002,52226.889.12$23,007
Nov 200002,55432.215.66$14,451
Oct 200002,40131.235.15$12,354
Sep 200002,20931.875.19$11,457
Aug 2000783,52029.644.54$18,295
Jul 200002,57628.534.09$10,535
Jun 200002,23629.304.40$9,832
May 200002,48827.263.68$9,155
Apr 200002,54224.513.12$7,921
Mar 200002,42928.422.86$6,946
Feb 200002,32527.622.73$6,339
Jan 200002,67925.272.48$6,645
Dec 199902,16424.282.42$5,245
Nov 199902,20123.192.43$5,357
Oct 199902,41420.982.80$6,768
Sep 199903,07821.752.62$8,061
Aug 199903,69919.262.88$10,637
Jul 199902,59717.892.37$6,161
Jun 199903,16115.942.36$7,467
May 199903,33815.792.32$7,748
Apr 199903,50115.102.21$7,730
Mar 199903,14212.471.84$5,776
Feb 199902,5829.981.82$4,694
Jan 199903,08910.381.90$5,869
Dec 199802,7499.201.77$4,875
Nov 199802,71110.892.19$5,925
Oct 199802,92912.421.97$5,768
Sep 199802,01312.592.08$4,192
Aug 199803,40811.301.91$6,500
Jul 199802,37111.742.24$5,305
Jun 199802,22611.242.24$4,980
May 199802,43012.622.21$5,361
Apr 1998912,16413.042.51$6,608
Mar 199802,09812.802.31$4,845
Feb 199802,24013.952.30$5,150
Jan 1998090614.702.15$1,952
Dec 199701,44216.322.41$3,477
Nov 199702,07318.193.09$6,402
Oct 199702,94119.253.15$9,264
Sep 199703,71417.742.95$10,974
Aug 199703,41217.862.55$8,717
Jul 199703,26717.582.25$7,341
Jun 199703,91717.242.26$8,841
May 199703,60718.972.31$8,327
Apr 199702,56117.882.08$5,334
Mar 199702,34618.951.94$4,549
Feb 199703,00620.492.21$6,631
Jan 199704,52623.483.54$16,021
Dec 199602,91923.32$0
Nov 199602,09021.97$0
Oct 199603,25123.31$0
Sep 199601,63822.22$0
Aug 199603,22920.26$0
Jul 199605,43619.55$0
Jun 199604,38818.73$0
May 199604,81119.43$0
Apr 199604,31421.51$0
Mar 199607,91719.38$0
Feb 199605,31616.98$0
Jan 199608,38917.07$0
Dec 199502,96817.19$0
Nov 199503,23116.00$0
Oct 199503,69815.43$0
Sep 199503,71316.18$0
Aug 199503,25015.92$0
Jul 19951834,65215.24$2,789
Jun 199504,36516.41$0
May 199504,51617.56$0
Apr 199507,90417.73$0
Mar 1995066016.44$0
Feb 199552716.58$83
Jan 199505,05815.92$0
Dec 1994013,63315.03$0
Nov 19940015.90$0
Oct 199402,38215.58$0
Sep 19940015.29$0
Aug 199407,09016.13$0
Jul 199407,96217.56$0
Jun 199409,33817.09$0
May 199408,06215.88$0
Apr 1994011,11514.14$0
Mar 1994013,07112.46$0
Feb 1994017,64712.50$0
Jan 199406,85812.66$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.

Oct 2019 — as filed, then multipliedworked
Condensate            87 bbl  × $ 53.47 =     $4,652
Gas                    0 Mcf  × $  2.42 =         $0

────────────────────────────────────────────────────
Month total                                   $4,652

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. 10/G/148242 is the state's own key, not one this site invented.