VELASQUEZ

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

Gas lease lease 228034District 10Field 539236002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Mar 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
231
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 52 leases and 52 wells, and the rule below applies to all of them.

Discovered
1982-12-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 05/01/87.

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 Gas112007-08-14174405
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
CondensateDisposition1,491 bbl$120,414
GasProduction355,314 Mcf$1,969,135
Total$2,089,549

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 35.3876, -100.1770. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.38762, -100.17697 · 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
13,837 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 13,837 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-48332184161413,837 ftMar 2007

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 (231)

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

231 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 202356085.443.09$4,785
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 20160348.763.72$11
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 2016024826.472.06$512
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 201521,43656.152.88$4,252
May 2015101,89655.212.96$6,156
Apr 201501,67249.822.71$4,525
Mar 201501,59842.892.93$4,690
Feb 201502,44444.662.98$7,274
Jan 201541,34543.433.10$4,344
Dec 201401,25454.693.59$4,504
Nov 201401,41370.464.25$6,008
Oct 201401,86978.303.90$7,291
Sep 201401,76586.164.05$7,140
Aug 2014291,89189.394.04$10,223
Jul 201401,89796.564.18$7,929
Jun 201401,91498.164.74$9,066
May 201401,99694.734.73$9,434
Apr 201402,30595.944.81$11,085
Mar 201401,54795.895.06$7,823
Feb 201401,31897.406.19$8,161
Jan 2014077390.404.86$3,757
Dec 201301,97491.824.35$8,596
Nov 201302,04888.853.74$7,656
Oct 201302,23097.423.78$8,428
Sep 201302,101104.113.72$7,811
Aug 201302,244104.253.52$7,905
Jul 2013151,920102.523.72$8,676
Jun 201302,11294.403.93$8,307
May 201302,52894.834.15$10,489
Apr 201302,74593.964.28$11,756
Mar 201302,30193.623.91$9,004
Feb 201331,75991.233.42$6,289
Jan 2013088891.603.42$3,037
Dec 201201,09686.773.42$3,749
Nov 20122051,32086.953.62$22,610
Oct 201201,37789.383.40$4,681
Sep 2012611,64794.672.92$10,581
Aug 201202,16092.662.91$6,282
Jul 201202,50885.133.02$7,576
Jun 2012152,50379.822.52$7,502
May 201272,74591.612.49$7,472
Apr 201202,550101.652.00$5,092
Mar 201202,739105.052.22$6,086
Feb 201202,567101.102.57$6,598
Jan 201202,89198.092.73$7,904
Dec 201102,78396.873.24$9,016
Nov 201102,33795.723.31$7,738
Oct 201103,27584.983.65$11,949
Sep 201102,71783.623.99$10,829
Aug 201103,05583.404.15$12,676
Jul 201103,65694.144.52$16,515
Jun 201103,73592.904.64$17,330
May 201104,05798.134.40$17,870
Apr 201104,159105.964.33$18,022
Mar 201104,55196.364.06$18,465
Feb 201102,58585.644.18$10,805
Jan 20111833,20586.504.59$30,537
Dec 201003,81585.734.35$16,587
Nov 201004,41280.843.80$16,745
Oct 201004,49778.103.51$15,779
Sep 201002,59472.633.98$10,323
Aug 201003,74973.684.42$16,568
Jul 201004,42172.554.74$20,940
Jun 201004,56870.364.91$22,431
May 201002,19971.124.24$9,313
Apr 201003,29781.694.12$13,593
Mar 201003,76378.394.39$16,515
Feb 201003,65373.585.44$19,881
Jan 201004,30774.365.96$25,687
Dec 200904,12171.445.48$22,599
Nov 200904,35274.593.75$16,327
Oct 200904,28072.544.11$17,592
Sep 200904,63465.543.06$14,202
Aug 200905,38767.423.22$17,338
Jul 20091885,12861.133.46$29,258
Jun 200904,37566.163.90$17,041
May 200904,89454.743.93$19,213
Apr 200904,03246.773.59$14,465
Mar 200903,93542.144.06$15,972
Feb 200902,77032.814.63$12,833
Jan 200902,38535.865.37$12,810
Dec 200802,48537.105.98$14,853
Nov 200803,47655.496.86$23,847
Oct 200804,90775.246.92$33,966
Sep 200804,758101.767.88$37,479
Aug 200805,205114.228.48$44,154
Jul 200805,089131.0811.39$57,961
Jun 20081684,604131.3313.03$82,066
May 200805,125123.1711.57$59,318
Apr 200804,649110.3110.45$48,605
Mar 200804,478101.909.66$43,276
Feb 200803,31092.538.77$29,031
Jan 200804,02490.388.21$33,020
Dec 2007041688.337.30$3,038
Nov 200701,91691.677.29$13,971
Oct 200703,65982.856.92$25,328
Sep 20071724,25975.846.24$39,638
Aug 200705,71169.066.39$36,482
Jul 200706,79470.906.39$43,400
Jun 20071877,87462.007.55$71,031
May 200718612,01158.747.85$105,167
Apr 2007017,10159.617.81$133,477
Mar 2007026,24356.927.30$191,626

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            56 bbl  × $ 85.44 =     $4,785
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $4,785

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/228034 is the state's own key, not one this site invented.