DEREK 12

Operated by PRESIDIO PETROLEUM LLC (P-5 676084) 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 246123District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Nov 2008 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
211
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 Gas112009-04-16189407
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
CondensateDisposition3,301 bbl$237,630
GasProduction354,653 Mcf$1,430,754
Total$1,668,384

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 35.7115, -100.2039. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.71147, -100.20391 · 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
13,428 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 13,428 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-21134369713,428 ftNov 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 (211)

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

211 months

May 20260268106.413.05$816
Apr 2026029398.932.87$841
Mar 2026034689.753.15$1,090
Feb 2026021563.503.75$806
Jan 2026023759.138.00$1,896
Dec 2025026956.664.41$1,187
Nov 2025031158.593.93$1,221
Oct 2025030259.383.30$998
Sep 20252824462.743.08$2,507
Aug 2025036263.933.01$1,091
Jul 2025032066.743.32$1,061
Jun 2025037366.483.13$1,167
May 2025031860.553.23$1,028
Apr 2025028562.363.54$1,010
Mar 2025035767.704.27$1,524
Feb 2025036770.884.34$1,593
Jan 2025038874.324.28$1,660
Dec 2024040668.993.12$1,267
Nov 2024037569.052.20$824
Oct 20247544771.372.28$6,373
Sep 2024048269.612.36$1,140
Aug 2024033175.632.06$683
Jul 2024032779.932.15$702
Jun 2024032578.082.63$856
May 2024032778.812.20$719
Apr 2024027684.451.66$458
Mar 202405480.301.55$83
Feb 2024035376.091.78$630
Jan 2024032973.023.30$1,085
Dec 2023034971.262.61$911
Nov 2023034277.892.81$960
Oct 2023031985.443.09$985
Sep 2023034489.042.74$941
Aug 2023030180.522.67$805
Jul 2023017674.852.64$465
Jun 2023016568.962.26$373
May 2023025170.622.23$559
Apr 20237813378.122.24$6,391
Mar 2023021172.852.39$505
Feb 2023019875.112.47$488
Jan 2023024076.533.39$813
Dec 2022038776.415.73$2,217
Nov 2022030485.005.65$1,716
Oct 2022028287.185.86$1,654
Sep 2022027284.888.16$2,221
Aug 2022030794.529.13$2,802
Jul 20220305101.587.54$2,300
Jun 20220334115.097.98$2,664
May 20220295109.378.43$2,488
Apr 20220388104.226.84$2,653
Mar 20220424108.885.08$2,152
Feb 2022037791.054.86$1,832
Jan 2022037381.844.54$1,693
Dec 2021041171.323.90$1,603
Nov 2021044277.435.24$2,315
Oct 2021054479.795.71$3,108
Sep 2021025769.865.35$1,375
Aug 2021053566.024.22$2,258
Jul 2021098970.783.98$3,938
Jun 2021064069.493.38$2,164
May 2021061063.483.02$1,841
Apr 2021064860.362.76$1,787
Mar 202112987961.302.72$10,296
Feb 2021053857.805.55$2,985
Jan 2021063950.412.81$1,796
Dec 2020071844.642.68$1,921
Nov 2020036738.772.71$993
Oct 2020079436.972.48$1,968
Sep 2020079037.091.99$1,573
Aug 2020072039.982.39$1,717
Jul 2020076338.371.83$1,393
Jun 2020075634.901.69$1,278
May 2020079416.921.81$1,441
Apr 2020078614.751.80$1,418
Mar 2020059730.341.86$1,108
Feb 2020068849.881.98$1,363
Jan 2020079257.252.09$1,659
Dec 2019079559.012.30$1,832
Nov 2019080355.302.75$2,209
Oct 2019088753.472.42$2,145
Sep 2019097255.052.66$2,583
Aug 201901,02853.112.30$2,369
Jul 201901,07656.272.46$2,647
Jun 201901,04352.782.49$2,598
May 201901,06158.482.74$2,907
Apr 201921,03762.632.75$2,978
Mar 201901,06656.803.06$3,264
Feb 2019087550.852.79$2,443
Jan 201901,15546.033.23$3,729
Dec 201801,15946.594.19$4,851
Nov 201801,11952.934.24$4,741
Oct 201801,24961.443.40$4,244
Sep 201801,23659.543.11$3,841
Aug 201801,21559.403.07$3,726
Jul 201801,21465.142.93$3,559
Jun 201801,17060.183.08$3,600
May 201801,18665.382.90$3,440
Apr 201801,12763.842.90$3,269
Mar 201801,18061.222.79$3,288
Feb 201801,06861.782.77$2,954
Jan 201801,25862.874.01$5,044
Dec 2017082957.272.92$2,422
Nov 201701,04055.423.12$3,243
Oct 201701,17449.292.98$3,503
Sep 201701,13147.523.09$3,492
Aug 201701,10845.373.00$3,329
Jul 201701,17343.873.09$3,621
Jun 201701,42042.493.09$4,384
May 201711,28945.373.26$4,252
Apr 201701,21247.933.21$3,892
Mar 201701,27546.772.98$3,804
Feb 201711,15850.452.95$3,470
Jan 201701,25749.413.42$4,297
Dec 201601,33548.763.72$4,970
Nov 201601,47342.492.64$3,895
Oct 201601,64046.193.09$5,068
Sep 201601,68241.553.10$5,215
Aug 201601,64041.442.92$4,796
Jul 201601,72841.622.92$5,053
Jun 201601,29345.352.69$3,473
May 201601,11742.521.99$2,224
Apr 201601,30836.561.99$2,604
Mar 201601,35433.011.79$2,429
Feb 201601,24526.472.06$2,569
Jan 201611,21927.352.36$2,910
Dec 201501,25132.362.00$2,504
Nov 201501,34138.792.17$2,906
Oct 201501,40543.552.43$3,409
Sep 201501,33342.992.76$3,677
Aug 201501,11440.162.87$3,200
Jul 201521,51548.152.95$4,558
Jun 201511,49256.152.88$4,357
May 201501,60055.212.96$4,729
Apr 2015173849.822.71$2,047
Mar 201541,25542.892.93$3,855
Feb 201511,09544.662.98$3,304
Jan 201501,38543.433.10$4,294
Dec 201431,29154.693.59$4,801
Nov 201401,32470.464.25$5,629
Oct 201401,27378.303.90$4,966
Sep 201451,37986.164.05$6,009
Aug 201421,52989.394.04$6,348
Jul 201421,66496.564.18$7,148
Jun 201461,44198.164.74$7,415
May 201431,25594.734.73$6,216
Apr 201431,26395.944.81$6,362
Mar 201401,25595.895.06$6,346
Feb 201401,48497.406.19$9,189
Jan 201401,74290.404.86$8,467
Dec 201301,41991.824.35$6,179
Nov 201301,22688.853.74$4,583
Oct 201301,41197.423.78$5,333
Sep 201301,579104.113.72$5,870
Aug 201301,411104.253.52$4,970
Jul 201301,497102.523.72$5,565
Jun 201301,48294.403.93$5,829
May 2013390394.834.15$4,031
Apr 2013064893.964.28$2,775
Mar 2013273493.623.91$3,059
Feb 201301,46491.233.42$5,007
Jan 2013050291.603.42$1,717
Dec 2012059486.773.42$2,032
Nov 2012076786.953.62$2,780
Oct 2012092789.383.40$3,152
Sep 201201,11494.672.92$3,251
Aug 201201,14892.662.91$3,339
Jul 20121481,52785.133.02$17,212
Jun 201201,80879.822.52$4,554
May 201262,11691.612.49$5,815
Apr 201231,944101.652.00$4,187
Mar 20121871,663105.052.22$23,340
Feb 2012101,780101.102.57$5,586
Jan 2012122,51698.092.73$8,056
Dec 201118475996.873.24$20,283
Nov 2011265395.723.31$2,354
Oct 201101,22484.983.65$4,466
Sep 201118087183.623.99$18,523
Aug 2011473983.404.15$3,400
Jul 201141,19294.144.52$5,761
Jun 2011356792.904.64$2,910
May 20112041,12098.134.40$24,952
Apr 201101,574105.964.33$6,821
Mar 20112043,20296.364.06$32,649
Feb 201102,13185.644.18$8,908
Jan 201173,95386.504.59$18,745
Dec 2010274885.734.35$3,424
Nov 201043,18080.843.80$12,393
Oct 201053,53778.103.51$12,801
Sep 20102063,77972.633.98$30,000
Aug 201004,04473.684.42$17,872
Jul 201044,26172.554.74$20,472
Jun 2010174,14870.364.91$21,564
May 20102114,18971.124.24$32,748
Apr 201093,67681.694.12$15,890
Mar 201084,03678.394.39$18,340
Feb 2010104,11873.585.44$23,147
Jan 20102064,56074.365.96$42,514
Dec 2009104,43671.445.48$25,040
Nov 200904,56174.593.75$17,111
Oct 200965,10272.544.11$21,406
Sep 20091915,34865.543.06$28,908
Aug 2009136,47567.423.22$21,716
Jul 2009187,36361.133.46$26,609
Jun 2009168,16166.163.90$32,846
May 20092089,07954.743.93$47,028
Apr 200969,81346.773.59$35,485
Mar 20092012,17242.144.06$50,249
Feb 200921912,67732.814.63$65,918
Jan 20094017,04435.865.37$92,978
Dec 200821723,84537.105.98$150,576
Nov 200814412,57255.496.86$94,239

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                  268 Mcf  × $  3.05 =       $816

────────────────────────────────────────────────────
Month total                                     $816

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/246123 is the state's own key, not one this site invented.