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 248151District 10Field 752003002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Sep 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
213
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 Gas112009-10-22194606
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
CondensateDisposition6,613 bbl$451,669
GasProduction449,386 Mcf$1,773,591
Total$2,225,260

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 35.7504, -100.6422. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.75041, -100.64223 · 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
10,157 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 10,157 ft.

Completions filed
Jan 2009
1 of 1 wells

1 well

42-39332066307H10,157 ftJan 2009

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 (213)

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

213 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 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 20180062.874.01$0
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 2016129048.763.72$6,290
Nov 20160342.492.64$8
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 2015106148.152.95$5,107
Jun 20150056.152.88$0
May 201501455.212.96$41
Apr 201501,03349.822.71$2,796
Mar 201501,11542.892.93$3,272
Feb 2015099144.662.98$2,949
Jan 2015061243.433.10$1,898
Dec 2014034154.693.59$1,225
Nov 2014019470.464.25$825
Oct 201401,72978.303.90$6,745
Sep 201401,93086.164.05$7,808
Aug 201402,20689.394.04$8,901
Jul 20141532,20196.564.18$23,973
Jun 201402,39498.164.74$11,340
May 201402,25094.734.73$10,635
Apr 201402,25695.944.81$10,849
Mar 20141882,90595.895.06$32,717
Feb 201401,90697.406.19$11,802
Jan 201402,02590.404.86$9,843
Dec 201301,95291.824.35$8,500
Nov 201302,97788.853.74$11,129
Oct 20131762,37897.423.78$26,133
Sep 201303,584104.113.72$13,324
Aug 201303,560104.253.52$12,540
Jul 201302,867102.523.72$10,659
Jun 201302,37094.403.93$9,322
May 20131743,78994.834.15$32,221
Apr 201303,69193.964.28$15,807
Mar 20131822,95793.623.91$28,609
Feb 201302,42491.233.42$8,290
Jan 20131834,19191.603.42$31,096
Dec 201204,45886.773.42$15,247
Nov 201203,49486.953.62$12,666
Oct 20121764,78789.383.40$32,005
Sep 20121024,21294.672.92$21,949
Aug 201205,68492.662.91$16,530
Jul 201205,55385.133.02$16,775
Jun 20121695,14679.822.52$26,453
May 20121755,22291.612.49$29,026
Apr 201202,769101.652.00$5,529
Mar 20121763,266105.052.22$25,746
Feb 201203,397101.102.57$8,731
Jan 201203,78498.092.73$10,346
Dec 20111814,44696.873.24$31,937
Nov 201105,18095.723.31$17,152
Oct 20111765,26484.983.65$34,162
Sep 201106,60483.623.99$26,322
Aug 20111853,12383.404.15$28,387
Jul 20111743,93094.144.52$34,133
Jun 201102,62892.904.64$12,194
May 201101,66198.134.40$7,316
Apr 201103,794105.964.33$16,440
Mar 201102,37096.364.06$9,616
Feb 20111771,94285.644.18$23,276
Jan 201104,41786.504.59$20,269
Dec 20101807,97585.734.35$50,105
Nov 201007,12180.843.80$27,027
Oct 201005,45978.103.51$19,155
Sep 20101716,85972.633.98$39,715
Aug 201002,05873.684.42$9,095
Jul 201003,16672.554.74$14,996
Jun 201008,35770.364.91$41,036
May 201007,28671.124.24$30,858
Apr 20101655,22081.694.12$34,999
Mar 201009,82178.394.39$43,101
Feb 201003,03673.585.44$16,523
Jan 201002,42574.365.96$14,463
Dec 200918412,23771.445.48$80,250
Nov 2009010,97474.593.75$41,169
Oct 200909,31972.544.11$38,303
Sep 2009014,47065.543.06$44,347
Aug 200918317,09467.423.22$67,355
Jul 200918220,48561.133.46$82,096
Jun 200908,64666.163.90$33,676
May 200955118,41754.743.93$102,462
Apr 200954825,91046.773.59$118,582
Mar 200956928,90542.144.06$141,303
Feb 200989846,91432.814.63$246,816
Jan 200907,25535.865.37$38,967
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$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.

Dec 2016 — as filed, then multipliedworked
Condensate           129 bbl  × $ 48.76 =     $6,290
Gas                    0 Mcf  × $  3.72 =         $0

────────────────────────────────────────────────────
Month total                                   $6,290

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/248151 is the state's own key, not one this site invented.