BABE 940

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

Gas lease lease 228570District 10Field 495631112 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.5 M
May 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
229
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 71 leases and 75 wells, and the rule below applies to all of them.

Discovered
1960-12-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-12-05.

The Commission's schedule remark for this field reads: THE FORM OR ATTACHMENT LISTING THE WELLS.

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 Gas112008-01-22178861
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
CondensateDisposition3,420 bbl$284,812
GasProduction677,558 Mcf$4,217,958
Total$4,502,770

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 36.3488, -100.5264. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.34881, -100.52643 · 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
10,080 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 10,080 ft.

Completions filed
May 2007
1 of 1 wells

1 well

42-295331553H10,080 ftMay 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 (229)

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

229 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 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 201876059.543.11$4,525
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 201843060.183.08$2,588
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 201701,54549.292.98$4,610
Sep 2017041247.523.09$1,272
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 2017039747.933.21$1,275
Mar 201701,05546.772.98$3,148
Feb 2017070850.452.95$2,090
Jan 201701,89649.413.42$6,482
Dec 2016055748.763.72$2,074
Nov 201601,15242.492.64$3,046
Oct 201601,86246.193.09$5,754
Sep 20161801,90341.553.10$13,380
Aug 201601,38241.442.92$4,041
Jul 201601,44341.622.92$4,220
Jun 201601,84845.352.69$4,963
May 201602,06442.521.99$4,110
Apr 201601,81236.561.99$3,608
Mar 201601,81833.011.79$3,262
Feb 201602,05626.472.06$4,243
Jan 201602,23927.352.36$5,294
Dec 201501,54032.362.00$3,082
Nov 2015077538.792.17$1,680
Oct 201501,95843.552.43$4,751
Sep 201501,94642.992.76$5,368
Aug 201501,91140.162.87$5,489
Jul 201501,91148.152.95$5,628
Jun 201501,60356.152.88$4,621
May 201502,09055.212.96$6,177
Apr 20150049.822.71$0
Mar 201502,16042.892.93$6,339
Feb 201502,00544.662.98$5,967
Jan 201501,55143.433.10$4,809
Dec 201402,16554.693.59$7,775
Nov 201401,34470.464.25$5,714
Oct 201402,15278.303.90$8,395
Sep 2014023086.164.05$930
Aug 201401,90589.394.04$7,687
Jul 201401,86896.564.18$7,807
Jun 201401,78198.164.74$8,436
May 201401,94294.734.73$9,179
Apr 201401,83395.944.81$8,815
Mar 201409695.895.06$485
Feb 201401,81997.406.19$11,263
Jan 2014065590.404.86$3,184
Dec 2013065591.824.35$2,852
Nov 201301,99288.853.74$7,447
Oct 201302,13297.423.78$8,058
Sep 201302,127104.113.72$7,908
Aug 201302,209104.253.52$7,781
Jul 20131712,224102.523.72$25,799
Jun 201302,42394.403.93$9,531
May 201302,68094.834.15$11,120
Apr 201301,51693.964.28$6,492
Mar 2013082593.623.91$3,228
Feb 2013075191.233.42$2,568
Jan 201301891.603.42$62
Dec 201201,86286.773.42$6,368
Nov 201202,38086.953.62$8,627
Oct 201202,74189.383.40$9,319
Sep 201201,01094.672.92$2,948
Aug 201202,14592.662.91$6,238
Jul 20121882,08685.133.02$22,306
Jun 201201,93579.822.52$4,874
May 201201,62091.612.49$4,031
Apr 201201,545101.652.00$3,085
Mar 201201,220105.052.22$2,711
Feb 201202,617101.102.57$6,726
Jan 201203,22998.092.73$8,828
Dec 201102,56896.873.24$8,320
Nov 201102,99895.723.31$9,927
Oct 201103,14484.983.65$11,471
Sep 201103,17983.623.99$12,671
Aug 201101,44983.404.15$6,012
Jul 201102,44694.144.52$11,049
Jun 201102,76792.904.64$12,839
May 201102,83198.134.40$12,470
Apr 20111893,145105.964.33$33,655
Mar 201103,29996.364.06$13,385
Feb 201102,21585.644.18$9,259
Jan 201103,23086.504.59$14,822
Dec 201003,27685.734.35$14,243
Nov 201003,01280.843.80$11,432
Oct 201003,18478.103.51$11,172
Sep 201003,17372.633.98$12,627
Aug 201004,16373.684.42$18,398
Jul 201003,62972.554.74$17,189
Jun 201004,08770.364.91$20,069
May 201003,59071.124.24$15,204
Apr 201004,03781.694.12$16,643
Mar 201004,61878.394.39$20,267
Feb 201004,76073.585.44$25,906
Jan 201005,48674.365.96$32,719
Dec 200906,61571.445.48$36,275
Nov 2009827,00674.593.75$32,399
Oct 200907,74072.544.11$31,813
Sep 200908,07465.543.06$24,745
Aug 20091159,10967.423.22$37,071
Jul 200907,86761.133.46$27,255
Jun 200906,55066.163.90$25,512
May 200909,03954.743.93$35,485
Apr 200909,31946.773.59$33,432
Mar 200908,64342.144.06$35,082
Feb 200906,11232.814.63$28,317
Jan 200907,06835.865.37$37,962
Dec 20081997,51837.105.98$52,319
Nov 200808,27155.496.86$56,742
Oct 200809,86275.246.92$68,265
Sep 2008010,833101.767.88$85,333
Aug 2008012,241114.228.48$103,841
Jul 2008014,770131.0811.39$168,222
Jun 200824117,103131.3313.03$254,548
May 200819715,974123.1711.57$209,152
Apr 2008018,555110.3110.45$193,990
Mar 2008010,927101.909.66$105,599
Feb 200819810,69092.538.77$112,078
Jan 2008018,78890.388.21$154,169
Dec 200739012,74988.337.30$127,542
Nov 200719919,04991.677.29$157,142
Oct 200719626,18382.856.92$197,477
Sep 200719329,39875.846.24$198,203
Aug 200738235,72869.066.39$254,609
Jul 2007049,45670.906.39$315,922
Jun 200718154,54562.007.55$422,952
May 2007014,15958.747.85$111,095

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.

Sep 2018 — as filed, then multipliedworked
Condensate            76 bbl  × $ 59.54 =     $4,525
Gas                    0 Mcf  × $  3.11 =         $0

────────────────────────────────────────────────────
Month total                                   $4,525

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/228570 is the state's own key, not one this site invented.