PEARSON

Operated by EQV OPERATING LLC (P-5 101634) in the BUFFALO WALLOW (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 202942District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
May 2004 – May 2024
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
241
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 1,387 leases and 1,388 wells, and the rule below applies to all of them.

Discovered
1974-09-09
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 2016-03-29.

The Commission's schedule remark for this field reads: 01-30-2024

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 Gas112004-10-01158461
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
CondensateDisposition15,660 bbl$799,913
GasProduction339,149 Mcf$2,251,626
Total$3,051,539

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 35.6763, -100.3159. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.67625, -100.31588 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
11,875 ft
1 wells filed one
Completion to plug
14.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 11,875 ft.

Completions filed
May 2004
1 of 1 wells
Plug dates filed
Mar 2019
1 of 1 wells

Last completion to plug: a median of 14.8 years across the 1 well that filed both dates, with the middle half between 14.8 years and 14.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-211329625502P11,875 ftMay 2004Mar 2019Yes

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 (241)

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

241 months

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 202325085.443.09$2,136
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 20150848.152.95$24
Jun 2015015056.152.88$432
May 2015017655.212.96$520
Apr 2015033549.822.71$907
Mar 2015043842.892.93$1,285
Feb 2015067544.662.98$2,009
Jan 2015020643.433.10$639
Dec 2014036954.693.59$1,325
Nov 2014033270.464.25$1,412
Oct 2014039878.303.90$1,553
Sep 2014032686.164.05$1,319
Aug 2014038489.394.04$1,549
Jul 2014038196.564.18$1,592
Jun 2014025498.164.74$1,203
May 2014099594.734.73$4,703
Apr 2014059095.944.81$2,837
Mar 2014054895.895.06$2,771
Feb 2014051297.406.19$3,170
Jan 2014051990.404.86$2,523
Dec 2013051291.824.35$2,229
Nov 2013061288.853.74$2,288
Oct 2013076697.423.78$2,895
Sep 20130545104.113.72$2,026
Aug 20130756104.253.52$2,663
Jul 20130876102.523.72$3,257
Jun 2013080094.403.93$3,147
May 2013079994.834.15$3,315
Apr 2013098493.964.28$4,214
Mar 201301,55593.623.91$6,085
Feb 201301,08991.233.42$3,724
Jan 2013090091.603.42$3,078
Dec 2012050986.773.42$1,741
Nov 2012073386.953.62$2,657
Oct 2012187289.383.40$3,054
Sep 2012284094.672.92$2,641
Aug 2012289992.662.91$2,800
Jul 2012545385.133.02$1,794
Jun 2012386279.822.52$2,411
May 20121791,09191.612.49$19,113
Apr 20120927101.652.00$1,851
Mar 20122835105.052.22$2,066
Feb 20120687101.102.57$1,766
Jan 2012080698.092.73$2,204
Dec 2011084596.873.24$2,738
Nov 2011081695.723.31$2,702
Oct 2011080284.983.65$2,926
Sep 201101,14983.623.99$4,580
Aug 2011071383.404.15$2,958
Jul 2011093594.144.52$4,224
Jun 2011076792.904.64$3,559
May 201101,61798.134.40$7,123
Apr 201101,570105.964.33$6,803
Mar 2011072496.364.06$2,938
Feb 201101,04685.644.18$4,372
Jan 201101,06986.504.59$4,905
Dec 2010094485.734.35$4,104
Nov 201001,28180.843.80$4,862
Oct 201001,46478.103.51$5,137
Sep 201001,25672.633.98$4,998
Aug 201001,31573.684.42$5,811
Jul 201001,40072.554.74$6,631
Jun 201001,47570.364.91$7,243
May 201001,53071.124.24$6,480
Apr 201001,70681.694.12$7,033
Mar 201001,81778.394.39$7,974
Feb 201001,24673.585.44$6,781
Jan 201001,64074.365.96$9,781
Dec 200901,86471.445.48$10,222
Nov 200901,28374.593.75$4,813
Oct 200901,73072.544.11$7,111
Sep 200901,59265.543.06$4,879
Aug 200901,64567.423.22$5,294
Jul 200901,40961.133.46$4,881
Jun 20091601,52266.163.90$16,514
May 200901,68454.743.93$6,611
Apr 200901,45846.773.59$5,231
Mar 200901,94242.144.06$7,883
Feb 200901,88632.814.63$8,738
Jan 200901,54435.865.37$8,293
Dec 200801,66637.105.98$9,958
Nov 200802,34355.496.86$16,074
Oct 200802,44375.246.92$16,910
Sep 200802,386101.767.88$18,795
Aug 200802,516114.228.48$21,343
Jul 200802,582131.0811.39$29,408
Jun 20081882,522131.3313.03$57,558
May 200802,600123.1711.57$30,093
Apr 200802,543110.3110.45$26,587
Mar 20081852,436101.909.66$42,393
Feb 200802,01492.538.77$17,664
Jan 200802,51290.388.21$20,613
Dec 200702,65588.337.30$19,387
Nov 200702,88691.677.29$21,044
Oct 200703,23182.856.92$22,365
Sep 20071713,12875.846.24$32,500
Aug 200703,33969.066.39$21,329
Jul 20071923,63570.906.39$36,833
Jun 200703,66362.007.55$27,650
May 20071804,01358.747.85$42,060
Apr 200703,83559.617.81$29,933
Mar 20071854,13056.927.30$40,687
Feb 200703,80155.108.22$31,229
Jan 20071663,36550.306.73$30,986
Dec 200604,13956.656.92$28,635
Nov 20061424,07254.207.62$38,715
Oct 200604,22054.906.01$25,378
Sep 20061904,23260.085.04$32,733
Aug 20063654,29168.717.34$56,575
Jul 20061794,18969.376.34$38,987
Jun 20063643,95666.286.38$49,381
May 20061873,97366.016.42$37,870
Apr 20061872,89264.397.36$33,327
Mar 20061873,22456.707.08$33,438
Feb 20061812,89157.597.75$32,832
Jan 20061813,72260.598.93$44,217
Dec 20053613,77454.9413.42$70,463
Nov 20051814,21754.6910.59$54,550
Oct 20053684,75458.3413.80$87,054
Sep 20053614,35561.4512.08$74,788
Aug 20053505,11761.519.80$71,659
Jul 20051995,45255.697.84$53,846
Jun 20053585,37752.337.38$58,422
May 20053635,56945.226.65$53,455
Apr 20057195,43449.207.36$75,372
Mar 20053275,78850.377.15$57,883
Feb 20057535,17245.226.31$66,696
Jan 200519011,89043.166.32$83,371
Dec 20047265,46539.866.75$65,833
Nov 20047457,35745.286.33$80,307
Oct 20045547,20349.706.52$74,462
Sep 20049038,16343.245.28$82,178
Aug 20049219,36542.375.55$91,005
Jul 20041,09911,97938.286.08$114,952
Jun 20041,27512,30936.106.43$125,212
May 20041,09818,37437.486.49$160,484

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 2023 — as filed, then multipliedworked
Condensate            25 bbl  × $ 85.44 =     $2,136
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $2,136

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/202942 is the state's own key, not one this site invented.