REYNOLDS

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

Gas lease lease 238925District 10Field 680505002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.5 M
May 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
217
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 23 leases and 23 wells, and the rule below applies to all of them.

Discovered
1980-03-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 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 2009-01-15.

The Commission's schedule remark for this field reads: SEE SPECIAL ORDER 10-0259375 FOR DETAILS ON NEW FIELD RULES

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 Gas112008-10-30183496
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
CondensateDisposition9,382 bbl$921,949
GasProduction550,800 Mcf$3,622,064
Total$4,544,012

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 35.5773, -100.1341. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.57733, -100.13405 · 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
14,540 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 14,540 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-48332584302514,540 ftMay 2008

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 (217)

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

217 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 202083030.341.86$2,518
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 20181062.874.01$63
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 2016085641.553.10$2,654
Aug 2016192041.442.92$2,732
Jul 2016056241.622.92$1,643
Jun 201601,38245.352.69$3,712
May 201611,53842.521.99$3,105
Apr 201601,45736.561.99$2,901
Mar 201601,49833.011.79$2,687
Feb 201601,49526.472.06$3,085
Jan 201601,47727.352.36$3,492
Dec 201501,56732.362.00$3,136
Nov 201501,62438.792.17$3,520
Oct 201501,70643.552.43$4,140
Sep 201501,20742.992.76$3,329
Aug 201501,35140.162.87$3,881
Jul 201501,37148.152.95$4,038
Jun 201501,48756.152.88$4,287
May 201501,84355.212.96$5,447
Apr 201501,80449.822.71$4,883
Mar 201501,97542.892.93$5,796
Feb 2015097444.662.98$2,899
Jan 201501,65643.433.10$5,135
Dec 201402,00354.693.59$7,193
Nov 201401,66870.464.25$7,092
Oct 201401,86078.303.90$7,256
Sep 2014049886.164.05$2,015
Aug 201401,48589.394.04$5,992
Jul 20141802,32296.564.18$27,086
Jun 201402,15598.164.74$10,208
May 201402,39294.734.73$11,306
Apr 201412,51395.944.81$12,181
Mar 201402,35895.895.06$11,924
Feb 201401,92597.406.19$11,920
Jan 20140090.404.86$0
Dec 201302,16191.824.35$9,410
Nov 201301,71288.853.74$6,400
Oct 201301,81897.423.78$6,871
Sep 201301,889104.113.72$7,023
Aug 201302,014104.253.52$7,095
Jul 2013742,141102.523.72$15,546
Jun 201302,06094.403.93$8,103
May 201306,99794.834.15$29,031
Apr 201387,08293.964.28$31,081
Mar 2013932,18693.623.91$17,260
Feb 2013112,03991.233.42$7,977
Jan 201382,23691.603.42$8,380
Dec 201252,34286.773.42$8,444
Nov 2012862,32586.953.62$15,906
Oct 201202,39189.383.40$8,129
Sep 2012793294.672.92$7,572
Aug 201232,58792.662.91$7,801
Jul 201272,63085.133.02$8,541
Jun 2012802,48279.822.52$12,638
May 201252,49091.612.49$6,654
Apr 20121582,217101.652.00$20,488
Mar 20121022,498105.052.22$16,266
Feb 201202,265101.102.57$5,822
Jan 20121722,44498.092.73$23,554
Dec 201102,60296.873.24$8,430
Nov 201132,50895.723.31$8,592
Oct 201102,10684.983.65$7,684
Sep 201101,18383.623.99$4,715
Aug 201111,56183.404.15$6,560
Jul 201102,65194.144.52$11,975
Jun 2011862,64292.904.64$20,248
May 201112,76498.134.40$12,273
Apr 201102,470105.964.33$10,703
Mar 2011893,08696.364.06$21,097
Feb 201102,95685.644.18$12,356
Jan 201123,81186.504.59$17,661
Dec 201013,75385.734.35$16,403
Nov 201034,40380.843.80$16,953
Oct 20101664,65078.103.51$29,281
Sep 201004,34472.633.98$17,287
Aug 201004,70673.684.42$20,798
Jul 2010934,48872.554.74$28,005
Jun 20101015,67470.364.91$34,968
May 201056,47671.124.24$27,783
Apr 20101966,64281.694.12$43,394
Mar 2010147,68978.394.39$34,842
Feb 2010956,61973.585.44$43,013
Jan 201075,76774.365.96$34,915
Dec 2009827,21371.445.48$45,412
Nov 2009857,30674.593.75$33,749
Oct 20091647,96872.544.11$44,647
Sep 2009108,10265.543.06$25,486
Aug 20091618,94367.423.22$39,638
Jul 20091559,06961.133.46$40,895
Jun 200989,23866.163.90$36,511
May 200917910,23354.743.93$49,971
Apr 20098810,77346.773.59$42,764
Mar 200918311,63042.144.06$54,918
Feb 200925211,19632.814.63$60,139
Jan 200917313,13435.865.37$76,746
Dec 200831614,03737.105.98$95,625
Nov 200828414,66055.496.86$116,332
Oct 200827315,27375.246.92$126,260
Sep 200830617,961101.767.88$172,619
Aug 200846223,570114.228.48$252,714
Jul 200880331,187131.0811.39$460,459
Jun 20081,48346,644131.3313.03$802,656
May 20081,89465,145123.1711.57$987,291

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.

Mar 2020 — as filed, then multipliedworked
Condensate            83 bbl  × $ 30.34 =     $2,518
Gas                    0 Mcf  × $  1.86 =         $0

────────────────────────────────────────────────────
Month total                                   $2,518

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/238925 is the state's own key, not one this site invented.