MATHEWS, VIRGIL

Operated by LATIGO PETROLEUM, LLC (P-5 488260) in the PAN PETRO (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 246268District 10Field 687351202 tax incentive programmesGasSaveExport
Value, all time
$1.3 M
Aug 2008 – May 2026
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
214
no gaps in the span
Streams
1
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 965 leases and 1,339 wells, and the rule below applies to all of them.

Discovered
1974-03-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-04-18.

The Commission's schedule remark for this field reads: PRORATION ACRES PLATS ARE REQUIRED.

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 Gas112012-12-27208305
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
GasProduction318,124 Mcf$1,271,559
Total$1,271,559

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 36.0233, -101.1239. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.02329, -101.12389 · 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
6,750 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 6,750 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-2333335926,750 ftAug 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 (214)

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

214 months

May 2026652106.413.05$1,986
Apr 202662298.932.87$1,785
Mar 202664989.753.15$2,044
Feb 202658563.503.75$2,194
Jan 202668059.138.00$5,439
Dec 202565056.664.41$2,869
Nov 202563758.593.93$2,501
Oct 202566159.383.30$2,185
Sep 202562862.743.08$1,932
Aug 202563763.933.01$1,920
Jul 202564366.743.32$2,132
Jun 202563366.483.13$1,980
May 202567160.553.23$2,169
Apr 202560462.363.54$2,140
Mar 202564167.704.27$2,736
Feb 202560070.884.34$2,605
Jan 202563374.324.28$2,708
Dec 202463468.993.12$1,979
Nov 202462669.052.20$1,376
Oct 202465071.372.28$1,483
Sep 202462969.612.36$1,487
Aug 202466175.632.06$1,364
Jul 202466479.932.15$1,425
Jun 202463578.082.63$1,673
May 202467178.812.20$1,475
Apr 202465184.451.66$1,080
Mar 202468280.301.55$1,054
Feb 202464876.091.78$1,156
Jan 2024073.023.30$0
Dec 202367871.262.61$1,770
Nov 202366877.892.81$1,875
Oct 202369585.443.09$2,146
Sep 202367389.042.74$1,841
Aug 202368180.522.67$1,820
Jul 202368174.852.64$1,799
Jun 202365568.962.26$1,479
May 202368170.622.23$1,517
Apr 202366678.122.24$1,490
Mar 202369472.852.39$1,661
Feb 202368275.112.47$1,682
Jan 202367076.533.39$2,270
Dec 202270876.415.73$4,056
Nov 202269485.005.65$3,918
Oct 202272787.185.86$4,263
Sep 202271684.888.16$5,845
Aug 202274894.529.13$6,827
Jul 2022757101.587.54$5,709
Jun 2022641115.097.98$5,113
May 2022662109.378.43$5,583
Apr 2022728104.226.84$4,978
Mar 2022789108.885.08$4,005
Feb 202269591.054.86$3,377
Jan 202280981.844.54$3,671
Dec 202180871.323.90$3,150
Nov 202180377.435.24$4,205
Oct 202183479.795.71$4,765
Sep 202182669.865.35$4,420
Aug 202187866.024.22$3,706
Jul 202189870.783.98$3,576
Jun 202190169.493.38$3,046
May 202195963.483.02$2,894
Apr 202198760.362.76$2,723
Mar 20211,19361.302.72$3,241
Feb 20211,11457.805.55$6,180
Jan 202178650.412.81$2,209
Dec 202079744.642.68$2,132
Nov 202081938.772.71$2,217
Oct 202081936.972.48$2,030
Sep 202079537.091.99$1,583
Aug 202083139.982.39$1,982
Jul 202084038.371.83$1,533
Jun 202082034.901.69$1,386
May 202085016.921.81$1,543
Apr 202083114.751.80$1,499
Mar 202086930.341.86$1,613
Feb 202083249.881.98$1,648
Jan 202089957.252.09$1,883
Dec 201991259.012.30$2,102
Nov 201991355.302.75$2,511
Oct 201994253.472.42$2,278
Sep 201993355.052.66$2,479
Aug 201997753.112.30$2,251
Jul 201998856.272.46$2,431
Jun 201997752.782.49$2,434
May 20191,00658.482.74$2,757
Apr 20191,00262.632.75$2,756
Mar 20191,09356.803.06$3,347
Feb 201997650.852.79$2,725
Jan 20191,10046.033.23$3,551
Dec 20181,03546.594.19$4,332
Nov 20181,02252.934.24$4,330
Oct 20181,07661.443.40$3,656
Sep 20181,05259.543.11$3,270
Aug 20181,08859.403.07$3,336
Jul 20181,09665.142.93$3,213
Jun 20181,07560.183.08$3,308
May 20181,11365.382.90$3,229
Apr 20181,09663.842.90$3,179
Mar 20181,13861.222.79$3,171
Feb 20181,04761.782.77$2,896
Jan 20181,22662.874.01$4,915
Dec 20171,10857.272.92$3,237
Nov 20171,11055.423.12$3,461
Oct 20171,15649.292.98$3,449
Sep 20171,10847.523.09$3,421
Aug 20171,15245.373.00$3,461
Jul 20171,14843.873.09$3,544
Jun 20171,14042.493.09$3,520
May 20171,22445.373.26$3,994
Apr 20171,17747.933.21$3,780
Mar 20171,27146.772.98$3,792
Feb 20171,18350.452.95$3,493
Jan 20171,24049.413.42$4,239
Dec 20161,22748.763.72$4,568
Nov 20161,19942.492.64$3,171
Oct 20161,21346.193.09$3,748
Sep 20161,20241.553.10$3,727
Aug 20161,26441.442.92$3,696
Jul 20161,24541.622.92$3,641
Jun 20161,20145.352.69$3,226
May 20161,31742.521.99$2,622
Apr 20161,26536.561.99$2,519
Mar 20161,34433.011.79$2,411
Feb 20161,24226.472.06$2,563
Jan 20161,35827.352.36$3,211
Dec 20151,41832.362.00$2,838
Nov 20151,34438.792.17$2,913
Oct 20151,42143.552.43$3,448
Sep 20151,38542.992.76$3,820
Aug 20151,47440.162.87$4,234
Jul 20151,41548.152.95$4,167
Jun 20151,34656.152.88$3,880
May 20151,36255.212.96$4,025
Apr 20151,15949.822.71$3,137
Mar 20151,43442.892.93$4,208
Feb 20151,24544.662.98$3,705
Jan 20151,49843.433.10$4,645
Dec 20141,42054.693.59$5,100
Nov 20141,48670.464.25$6,318
Oct 20141,50378.303.90$5,863
Sep 20141,52986.164.05$6,185
Aug 20141,56089.394.04$6,295
Jul 20141,52796.564.18$6,382
Jun 20141,46198.164.74$6,921
May 20141,47994.734.73$6,991
Apr 20141,45195.944.81$6,978
Mar 20141,47395.895.06$7,449
Feb 20141,30497.406.19$8,074
Jan 20141,47890.404.86$7,184
Dec 20131,50791.824.35$6,562
Nov 20131,50588.853.74$5,626
Oct 20131,62197.423.78$6,126
Sep 20131,551104.113.72$5,766
Aug 20131,629104.253.52$5,738
Jul 20131,669102.523.72$6,205
Jun 20131,58794.403.93$6,242
May 20131,64394.834.15$6,817
Apr 20131,57493.964.28$6,741
Mar 20131,68893.623.91$6,605
Feb 20131,58391.233.42$5,414
Jan 20131,84191.603.42$6,296
Dec 20121,83986.773.42$6,290
Nov 20121,88886.953.62$6,844
Oct 20122,08989.383.40$7,102
Sep 20121,73794.672.92$5,069
Aug 2012092.662.91$0
Jul 20121,84685.133.02$5,576
Jun 20121,91079.822.52$4,811
May 20122,02191.612.49$5,029
Apr 20121,960101.652.00$3,914
Mar 20122,020105.052.22$4,489
Feb 20121,965101.102.57$5,051
Jan 20122,15798.092.73$5,897
Dec 20112,23896.873.24$7,251
Nov 20112,11195.723.31$6,990
Oct 20112,28484.983.65$8,333
Sep 20111,95883.623.99$7,804
Aug 20112,30983.404.15$9,581
Jul 20112,36794.144.52$10,692
Jun 20112,32292.904.64$10,774
May 20112,42398.134.40$10,673
Apr 20112,388105.964.33$10,348
Mar 20112,45296.364.06$9,949
Feb 20112,22085.644.18$9,280
Jan 20112,45986.504.59$11,284
Dec 20102,57985.734.35$11,213
Nov 20102,61080.843.80$9,906
Oct 20102,82178.103.51$9,899
Sep 20102,71372.633.98$10,796
Aug 20102,79573.684.42$12,352
Jul 20102,83472.554.74$13,423
Jun 20102,75970.364.91$13,548
May 20102,93371.124.24$12,422
Apr 20102,91781.694.12$12,026
Mar 20102,62278.394.39$11,507
Feb 20102,47173.585.44$13,448
Jan 20102,82974.365.96$16,872
Dec 20092,77371.445.48$15,206
Nov 20092,92274.593.75$10,962
Oct 20093,11572.544.11$12,803
Sep 20093,13265.543.06$9,599
Aug 20093,27667.423.22$10,544
Jul 20093,47861.133.46$12,050
Jun 20093,40866.163.90$13,274
May 20093,77454.743.93$14,816
Apr 20093,74846.773.59$13,446
Mar 20094,00642.144.06$16,260
Feb 20093,94432.814.63$18,273
Jan 20094,43935.865.37$23,842
Dec 20084,98737.105.98$29,808
Nov 20085,61855.496.86$38,542
Oct 20087,09775.246.92$49,125
Sep 200810,600101.767.88$83,497
Aug 20082,650114.228.48$22,480

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
Gas                  652 Mcf  × $  3.05 =     $1,986

────────────────────────────────────────────────────
Month total                                   $1,986

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/246268 is the state's own key, not one this site invented.