CHARLES

Operated by MMGL TXPH, LLC (P-5 101619) in the RED DEER CREEK (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 228648District 10Field 752003002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
May 2007 – May 2026
Value, last 12 filed months
$2 k
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 157 leases and 157 wells, and the rule below applies to all of them.

Discovered
1978-03-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 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 2008-09-09.

The Commission's schedule remark for this field reads: AND PLAT AS LONG AS THE ALLOCATION IS SUSPENDED.

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 Gas112012-04-12205607
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
CondensateDisposition3,689 bbl$268,877
GasProduction369,526 Mcf$1,918,878
Total$2,187,755

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 35.7591, -100.6375. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.75905, -100.63754 · 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
11,350 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 11,350 ft.

Completions filed
May 2007
1 of 1 wells

1 well

42-3933182210711,350 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 20260106106.413.05$323
Apr 202604598.932.87$129
Mar 202603489.753.15$107
Feb 202604663.503.75$173
Jan 202608359.138.00$664
Dec 202504256.664.41$185
Nov 202504658.593.93$181
Oct 202502759.383.30$89
Sep 202503162.743.08$95
Aug 20250063.933.01$0
Jul 202503466.743.32$113
Jun 2025013066.483.13$407
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202506067.704.27$256
Feb 202503870.884.34$165
Jan 202504474.324.28$188
Dec 202405868.993.12$181
Nov 202404869.052.20$106
Oct 202405171.372.28$116
Sep 202405269.612.36$123
Aug 202408475.632.06$173
Jul 202408779.932.15$187
Jun 2024013078.082.63$342
May 2024012378.812.20$270
Apr 202404684.451.66$76
Mar 202405280.301.55$80
Feb 2024013576.091.78$241
Jan 202402073.023.30$66
Dec 202306171.262.61$159
Nov 202305977.892.81$166
Oct 20231556285.443.09$13,435
Sep 202316189.042.74$256
Aug 2023476180.522.67$3,947
Jul 2023296874.852.64$2,350
Jun 202306468.962.26$145
May 2023018170.622.23$403
Apr 2023017878.122.24$398
Mar 2023018772.852.39$448
Feb 2023017375.112.47$427
Jan 2023013276.533.39$447
Dec 202207376.415.73$418
Nov 202209585.005.65$536
Oct 2022027987.185.86$1,636
Sep 202205184.888.16$416
Aug 202203394.529.13$301
Jul 2022062101.587.54$468
Jun 2022078115.097.98$622
May 2022093109.378.43$784
Apr 2022072104.226.84$492
Mar 20220109108.885.08$553
Feb 2022015291.054.86$739
Jan 2022017981.844.54$812
Dec 2021033071.323.90$1,287
Nov 2021077377.435.24$4,048
Oct 202101,53879.795.71$8,788
Sep 202102,57869.865.35$13,795
Aug 20210066.024.22$0
Jul 202106570.783.98$259
Jun 20210069.493.38$0
May 202101163.483.02$33
Apr 2021014860.362.76$408
Mar 2021013461.302.72$364
Feb 2021017657.805.55$976
Jan 2021015550.412.81$436
Dec 2020019744.642.68$527
Nov 202018433138.772.71$8,030
Oct 2020016036.972.48$397
Sep 2020016437.091.99$327
Aug 2020019239.982.39$458
Jul 2020021638.371.83$394
Jun 2020022734.901.69$384
May 2020026416.921.81$479
Apr 2020016314.751.80$294
Mar 2020024830.341.86$460
Feb 2020022349.881.98$442
Jan 2020019257.252.09$402
Dec 2019040359.012.30$929
Nov 20190055.302.75$0
Oct 2019033353.472.42$805
Sep 2019046155.052.66$1,225
Aug 2019032153.112.30$740
Jul 2019028256.272.46$694
Jun 2019031352.782.49$780
May 2019034258.482.74$937
Apr 2019053762.632.75$1,477
Mar 2019031456.803.06$962
Feb 2019042150.852.79$1,176
Jan 2019095546.033.23$3,083
Dec 201801,03846.594.19$4,344
Nov 201801,64252.934.24$6,958
Oct 201801,96661.443.40$6,681
Sep 201801,26059.543.11$3,916
Aug 201801,96859.403.07$6,035
Jul 201802,20265.142.93$6,456
Jun 20181852,24860.183.08$18,050
May 201803,09165.382.90$8,966
Apr 201803,06063.842.90$8,876
Mar 201803,49661.222.79$9,743
Feb 201803,30861.782.77$9,150
Jan 201801,17662.874.01$4,715
Dec 2017031557.272.92$920
Nov 2017029955.423.12$932
Oct 2017036049.292.98$1,074
Sep 2017036447.523.09$1,124
Aug 2017071945.373.00$2,160
Jul 2017031643.873.09$976
Jun 2017023442.493.09$722
May 2017028045.373.26$914
Apr 2017025147.933.21$806
Mar 2017025046.772.98$746
Feb 2017013350.452.95$393
Jan 2017053449.413.42$1,826
Dec 20166956648.763.72$5,472
Nov 2016034042.492.64$899
Oct 2016039146.193.09$1,208
Sep 2016036541.553.10$1,132
Aug 2016030941.442.92$904
Jul 2016037741.622.92$1,102
Jun 2016031745.352.69$851
May 2016031842.521.99$633
Apr 2016035136.561.99$699
Mar 2016040633.011.79$728
Feb 2016041126.472.06$848
Jan 2016046427.352.36$1,097
Dec 2015053932.362.00$1,079
Nov 2015051138.792.17$1,108
Oct 2015051843.552.43$1,257
Sep 2015050442.992.76$1,390
Aug 2015049640.162.87$1,425
Jul 2015067248.152.95$1,979
Jun 2015067756.152.88$1,952
May 2015063755.212.96$1,883
Apr 2015073749.822.71$1,995
Mar 2015059442.892.93$1,743
Feb 2015070744.662.98$2,104
Jan 2015067643.433.10$2,096
Dec 2014051054.693.59$1,832
Nov 2014044570.464.25$1,892
Oct 2014088478.303.90$3,448
Sep 201401,13886.164.05$4,604
Aug 201401,29289.394.04$5,213
Jul 201401,84096.564.18$7,690
Jun 201401,68898.164.74$7,996
May 201401,93094.734.73$9,122
Apr 20141551,24795.944.81$20,868
Mar 201401,76895.895.06$8,940
Feb 2014061897.406.19$3,827
Jan 2014071590.404.86$3,475
Dec 2013075591.824.35$3,288
Nov 2013073688.853.74$2,751
Oct 2013091997.423.78$3,473
Sep 201301,006104.113.72$3,740
Aug 201301,025104.253.52$3,611
Jul 201301,887102.523.72$7,015
Jun 201302,06494.403.93$8,119
May 201301,86794.834.15$7,746
Apr 201301,30793.964.28$5,597
Mar 2013086093.623.91$3,365
Feb 201301,82691.233.42$6,245
Jan 201302,91391.603.42$9,962
Dec 201202,51086.773.42$8,585
Nov 201201,30286.953.62$4,720
Oct 201202,30789.383.40$7,843
Sep 201202,60694.672.92$7,605
Aug 201202,89192.662.91$8,407
Jul 201202,26685.133.02$6,845
Jun 201202,60779.822.52$6,567
May 201203,15991.612.49$7,861
Apr 201202,308101.652.00$4,609
Mar 201201,283105.052.22$2,851
Feb 201201,971101.102.57$5,066
Jan 201202,34298.092.73$6,403
Dec 201101,85496.873.24$6,006
Nov 201102,21995.723.31$7,348
Oct 201102,60384.983.65$9,497
Sep 20111792,58083.623.99$25,251
Aug 201102,67583.404.15$11,099
Jul 201103,11194.144.52$14,053
Jun 201102,67992.904.64$12,430
May 201103,43398.134.40$15,122
Apr 201103,625105.964.33$15,708
Mar 201103,52296.364.06$14,290
Feb 20111833,32885.644.18$29,583
Jan 201104,10186.504.59$18,819
Dec 201005,29485.734.35$23,017
Nov 201006,12280.843.80$23,235
Oct 201001,40778.103.51$4,937
Sep 201001,59172.633.98$6,331
Aug 201001,73173.684.42$7,650
Jul 201001,79672.554.74$8,507
Jun 20101544,56770.364.91$33,261
May 2010085371.124.24$3,613
Apr 2010053981.694.12$2,222
Mar 2010058078.394.39$2,545
Feb 2010035273.585.44$1,916
Jan 201017777374.365.96$17,772
Dec 200901,45871.445.48$7,995
Nov 200901,80474.593.75$6,768
Oct 200902,01172.544.11$8,266
Sep 200902,18765.543.06$6,703
Aug 200902,59967.423.22$8,365
Jul 200902,97961.133.46$10,321
Jun 200903,00366.163.90$11,697
May 200903,38654.743.93$13,293
Apr 20091856,50446.773.59$31,986
Mar 200903,72842.144.06$15,132
Feb 200908,11532.814.63$37,597
Jan 20091905,78235.865.37$37,869
Dec 200804,64037.105.98$27,734
Nov 20081839,82755.496.86$77,571
Oct 200802,36875.246.92$16,391
Sep 20081839,237101.767.88$91,383
Aug 20080709114.228.48$6,014
Jul 20080720131.0811.39$8,200
Jun 200802,027131.3313.03$26,417
May 200800123.1711.57$0
Apr 200803,620110.3110.45$37,847
Mar 20081707,105101.909.66$85,986
Feb 200806,33892.538.77$55,588
Jan 20081789,94490.388.21$97,685
Dec 200704,12388.337.30$30,106
Nov 20071838,32191.677.29$77,450
Oct 2007011,02282.856.92$76,294
Sep 200718912,97975.846.24$95,377
Aug 200735423,77369.066.39$176,308
Jul 20073568,41170.906.39$78,969
Jun 2007020,90462.007.55$157,793
May 20070058.747.85$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  106 Mcf  × $  3.05 =       $323

────────────────────────────────────────────────────
Month total                                     $323

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/228648 is the state's own key, not one this site invented.