CHEATWOOD, T. C.

Operated by PNG PRODUCTION, LLC (P-5 102497) in the PANHANDLE, EAST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 25974District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$224 k
Jan 1993 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
401
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 2,114 leases and 2,114 wells, and the rule below applies to all of them.

Discovered
1935-12-10
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: 67% ACRES X SIWP + (PLUS) 33% DELIVERABILITY

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
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
GasProduction58,670 Mcf$224,003
Total$224,003

1,209 Mcf of this lease's gas, across 14 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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.

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
no depth filed
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.

1 well

42-483800011

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 (401)

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

401 months

May 20260106.413.05$0
Apr 202613398.932.87$382
Mar 202612089.753.15$378
Feb 202610863.503.75$405
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 202412980.301.55$199
Feb 20247676.091.78$136
Jan 20245473.023.30$178
Dec 202310771.262.61$279
Nov 202326977.892.81$755
Oct 202328285.443.09$871
Sep 202329689.042.74$810
Aug 202328380.522.67$756
Jul 202330874.852.64$814
Jun 202332168.962.26$725
May 202333370.622.23$742
Apr 202334078.122.24$761
Mar 202339772.852.39$950
Feb 202337975.112.47$934
Jan 202320276.533.39$684
Dec 202210576.415.73$602
Nov 2022085.005.65$0
Oct 202220187.185.86$1,179
Sep 202222284.888.16$1,812
Aug 202227094.529.13$2,464
Jul 2022320101.587.54$2,413
Jun 2022280115.097.98$2,234
May 2022345109.378.43$2,909
Apr 2022347104.226.84$2,373
Mar 2022333108.885.08$1,690
Feb 202230791.054.86$1,492
Jan 202240381.844.54$1,829
Dec 202138171.323.90$1,486
Nov 202139677.435.24$2,074
Oct 202142179.795.71$2,406
Sep 202132569.865.35$1,739
Aug 20211266.024.22$51
Jul 202111070.783.98$438
Jun 202111069.493.38$372
May 202112663.483.02$380
Apr 202111460.362.76$314
Mar 202111461.302.72$310
Feb 202123257.805.55$1,287
Jan 202112750.412.81$357
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 20209037.091.99$179
Aug 202016039.982.39$382
Jul 202015538.371.83$283
Jun 202018034.901.69$304
May 20206016.921.81$109
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 202013149.881.98$259
Jan 202016657.252.09$348
Dec 201910159.012.30$233
Nov 201913955.302.75$382
Oct 201911753.472.42$283
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 201921958.482.74$600
Apr 201925262.632.75$693
Mar 201921156.803.06$646
Feb 201920850.852.79$581
Jan 201922646.033.23$730
Dec 201825346.594.19$1,059
Nov 201823852.934.24$1,008
Oct 201826161.443.40$887
Sep 201829759.543.11$923
Aug 201834159.403.07$1,046
Jul 201833565.142.93$982
Jun 201825860.183.08$794
May 201836465.382.90$1,056
Apr 201826063.842.90$754
Mar 201829461.222.79$819
Feb 201829561.782.77$816
Jan 201834862.874.01$1,395
Dec 201736557.272.92$1,066
Nov 201739255.423.12$1,222
Oct 201742149.292.98$1,256
Sep 201733547.523.09$1,034
Aug 201737145.373.00$1,115
Jul 20178543.873.09$262
Jun 2017142.493.09$3
May 20174045.373.26$131
Apr 20173247.933.21$103
Mar 20172846.772.98$84
Feb 20178450.452.95$248
Jan 201714949.413.42$509
Dec 201624448.763.72$908
Nov 201627942.492.64$738
Oct 201632446.193.09$1,001
Sep 201621541.553.10$667
Aug 2016141.442.92$3
Jul 2016141.622.92$3
Jun 201611345.352.69$304
May 201617042.521.99$338
Apr 201617836.561.99$354
Mar 201615333.011.79$274
Feb 201619126.472.06$394
Jan 201620227.352.36$478
Dec 201529832.362.00$596
Nov 201528238.792.17$611
Oct 201528043.552.43$679
Sep 201527642.992.76$761
Aug 201529740.162.87$853
Jul 201530048.152.95$884
Jun 201528056.152.88$807
May 201523255.212.96$686
Apr 201518749.822.71$506
Mar 20157142.892.93$208
Feb 201522044.662.98$655
Jan 201525843.433.10$800
Dec 201431054.693.59$1,113
Nov 201430970.464.25$1,314
Oct 201433678.303.90$1,311
Sep 201434386.164.05$1,388
Aug 201431689.394.04$1,275
Jul 201434996.564.18$1,459
Jun 201433898.164.74$1,601
May 201433994.734.73$1,602
Apr 201431495.944.81$1,510
Mar 201435995.895.06$1,815
Feb 201430897.406.19$1,907
Jan 201432390.404.86$1,570
Dec 201338891.824.35$1,690
Nov 201339188.853.74$1,462
Oct 201341897.423.78$1,580
Sep 2013418104.113.72$1,554
Aug 2013453104.253.52$1,596
Jul 2013461102.523.72$1,714
Jun 201342994.403.93$1,687
May 201345794.834.15$1,896
Apr 201346593.964.28$1,991
Mar 201340793.623.91$1,593
Feb 201334291.233.42$1,170
Jan 201338591.603.42$1,317
Dec 201241686.773.42$1,423
Nov 201241386.953.62$1,497
Oct 201240489.383.40$1,373
Sep 201239594.672.92$1,153
Aug 201241592.662.91$1,207
Jul 201238885.133.02$1,172
Jun 201237879.822.52$952
May 201242191.612.49$1,048
Apr 2012405101.652.00$809
Mar 2012427105.052.22$949
Feb 2012410101.102.57$1,054
Jan 201242198.092.73$1,151
Dec 201144696.873.24$1,445
Nov 201142795.723.31$1,414
Oct 201144384.983.65$1,616
Sep 201144383.623.99$1,766
Aug 201143183.404.15$1,788
Jul 201145294.144.52$2,042
Jun 201144192.904.64$2,046
May 201147798.134.40$2,101
Apr 2011485105.964.33$2,102
Mar 201154296.364.06$2,199
Feb 201147185.644.18$1,969
Jan 201148586.504.59$2,226
Dec 201050485.734.35$2,191
Nov 201050380.843.80$1,909
Oct 201054578.103.51$1,912
Sep 201053172.633.98$2,113
Aug 201049173.684.42$2,170
Jul 201044172.554.74$2,089
Jun 201040570.364.91$1,989
May 201050371.124.24$2,130
Apr 201048881.694.12$2,012
Mar 201051178.394.39$2,243
Feb 201045273.585.44$2,460
Jan 201052474.365.96$3,125
Dec 200950471.445.48$2,764
Nov 200948174.593.75$1,804
Oct 200952872.544.11$2,170
Sep 200954165.543.06$1,658
Aug 200954267.423.22$1,744
Jul 200952961.133.46$1,833
Jun 200953066.163.90$2,064
May 200955554.743.93$2,179
Apr 200949046.773.59$1,758
Mar 200952242.144.06$2,119
Feb 200946432.814.63$2,150
Jan 200950735.865.37$2,723
Dec 200848737.105.98$2,911
Nov 200830555.496.86$2,092
Oct 200822175.246.92$1,530
Sep 2008216101.767.88$1,701
Aug 2008249114.228.48$2,112
Jul 2008421131.0811.39$4,795
Jun 20081131.3313.03$13
May 20081123.1711.57$12
Apr 20081110.3110.45$10
Mar 20081101.909.66$10
Feb 2008192.538.77$9
Jan 2008190.388.21$8
Dec 2007188.337.30$7
Nov 2007191.677.29$7
Oct 2007182.856.92$7
Sep 2007175.846.24$6
Aug 2007169.066.39$6
Jul 2007170.906.39$6
Jun 2007162.007.55$8
May 2007158.747.85$8
Apr 2007159.617.81$8
Mar 2007156.927.30$7
Feb 2007155.108.22$8
Jan 2007150.306.73$7
Dec 2006156.656.92$7
Nov 2006154.207.62$8
Oct 2006154.906.01$6
Sep 2006160.085.04$5
Aug 2006168.717.34$7
Jul 2006169.376.34$6
Jun 2006166.286.38$6
May 2006166.016.42$6
Apr 2006164.397.36$7
Mar 2006156.707.08$7
Feb 2006157.597.75$8
Jan 2006160.598.93$9
Dec 2005154.9413.42$13
Nov 2005154.6910.59$11
Oct 2005158.3413.80$14
Sep 2005161.4512.08$12
Aug 2005161.519.80$10
Jul 2005155.697.84$8
Jun 2005152.337.38$7
May 2005145.226.65$7
Apr 2005149.207.36$7
Mar 2005150.377.15$7
Feb 2005145.226.31$6
Jan 2005143.166.32$6
Dec 2004139.866.75$7
Nov 2004145.286.33$6
Oct 2004149.706.52$7
Sep 2004143.245.28$5
Aug 2004142.375.55$6
Jul 2004138.286.08$6
Jun 2004136.106.43$6
May 2004137.486.49$6
Apr 2004134.475.86$6
Mar 2004134.365.53$6
Feb 2004132.455.51$6
Jan 2004132.036.30$6
Dec 2003130.266.30$6
Nov 2003128.804.60$5
Oct 2003128.174.76$5
Sep 2003126.314.75$5
Aug 2003129.765.13$5
Jul 2003129.415.17$5
Jun 2003128.565.98$6
May 2003126.595.97$6
Apr 2003126.675.41$5
Mar 2003131.146.10$6
Feb 2003133.487.93$8
Jan 2003130.315.58$6
Dec 2002126.914.85$5
Nov 2002124.664.14$4
Oct 2002126.464.23$4
Sep 2002127.443.64$4
Aug 2002125.963.16$3
Jul 2002124.583.06$3
Jun 2002123.733.34$3
May 2002124.663.58$4
Apr 2002123.653.51$4
Mar 2002122.003.10$3
Feb 2002118.222.38$2
Jan 2002117.172.38$2
Dec 2001116.932.36$2
Nov 2001118.072.41$2
Oct 2001119.782.53$3
Sep 2001124.262.25$2
Aug 2001124.873.05$3
Jul 2001123.933.20$3
Jun 2001124.563.82$4
May 2001125.524.31$4
Apr 2001124.685.34$5
Mar 2001124.545.38$5
Feb 2001127.755.77$6
Jan 2001127.478.40$8
Dec 2000126.889.12$9
Nov 2000132.215.66$6
Oct 2000131.235.15$5
Sep 2000131.875.19$5
Aug 2000129.644.54$5
Jul 2000128.534.09$4
Jun 2000129.304.40$4
May 2000127.263.68$4
Apr 2000124.513.12$3
Mar 2000128.422.86$3
Feb 2000127.622.73$3
Jan 2000725.272.48$17
Dec 19991724.282.42$41
Nov 19993323.192.43$80
Oct 19994720.982.80$132
Sep 19995221.752.62$136
Aug 19992319.262.88$66
Jul 19994417.892.37$104
Jun 19995115.942.36$120
May 19993515.792.32$81
Apr 19993415.102.21$75
Mar 19994712.471.84$86
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 19982512.592.08$52
Aug 19983011.301.91$57
Jul 1998111.742.24$2
Jun 1998111.242.24$2
May 1998112.622.21$2
Apr 1998113.042.51$3
Mar 1998112.802.31$2
Feb 19982613.952.30$60
Jan 1998014.702.15$0
Dec 19974316.322.41$104
Nov 19974318.193.09$133
Oct 1997119.253.15$3
Sep 19971117.742.95$33
Aug 1997117.862.55$3
Jul 1997117.582.25$2
Jun 1997117.242.26$2
May 19971918.972.31$44
Apr 19976017.882.08$125
Mar 199710018.951.94$194
Feb 19977820.492.21$172
Jan 19979023.483.54$319
Dec 199610823.32$0
Nov 19965821.97$0
Oct 19967523.31$0
Sep 19965822.22$0
Aug 19964720.26$0
Jul 19969019.55$0
Jun 19967918.73$0
May 199610419.43$0
Apr 19969921.51$0
Mar 199611919.38$0
Feb 199610016.98$0
Jan 19967217.07$0
Dec 19957217.19$0
Nov 199512816.00$0
Oct 1995015.43$0
Sep 1995016.18$0
Aug 1995015.92$0
Jul 1995015.24$0
Jun 1995016.41$0
May 1995017.56$0
Apr 1995017.73$0
Mar 1995016.44$0
Feb 1995016.58$0
Jan 1995015.92$0
Dec 1994015.03$0
Nov 1994015.90$0
Oct 1994015.58$0
Sep 1994015.29$0
Aug 1994016.13$0
Jul 1994017.56$0
Jun 1994017.09$0
May 1994015.88$0
Apr 1994014.14$0
Mar 1994012.46$0
Feb 1994012.50$0
Jan 1994012.66$0
Dec 1993012.33$0
Nov 1993014.49$0
Oct 1993015.85$0
Sep 1993015.03$0
Aug 1993015.66$0
Jul 1993015.46$0
Jun 1993016.79$0
May 1993017.68$0
Apr 1993018.05$0
Mar 1993018.14$0
Feb 1993017.90$0
Jan 1993016.93$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.

Apr 2026 — as filed, then multipliedworked
Gas                  133 Mcf  × $  2.87 =       $382

────────────────────────────────────────────────────
Month total                                     $382

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/25974 is the state's own key, not one this site invented.