BLACK 50

Operated by PRESIDIO PETROLEUM LLC (P-5 676084) in the STILES RANCH (GRANITE WASH CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 259853District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$33.2 M
Jan 2011 – May 2026
Value, last 12 filed months
$729 k
at the published price for each month
Months reported
185
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 906 leases and 906 wells, and the rule below applies to all of them.

Discovered
2008-06-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2011-10-11.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112011-06-28202491
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
CondensateDisposition224,230 bbl$18,988,130
GasProduction3,803,256 Mcf$14,210,909
Total$33,199,040

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 35.5163, -100.1813. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.51633, -100.18130 · 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
12,020 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 12,020 ft.

Completions filed
Jan 2011
1 of 1 wells

1 well

42-483330753H12,020 ftJan 2011

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 (185)

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

185 months

May 202618310,972106.413.05$52,892
Apr 202637410,76398.932.87$67,887
Mar 202637012,16489.753.15$71,517
Feb 202619012,13163.503.75$57,560
Jan 202638810,61959.138.00$107,872
Dec 202518911,01956.664.41$59,340
Nov 202538210,82558.593.93$64,885
Oct 202519011,11659.383.30$48,019
Sep 202527610,40862.743.08$49,341
Aug 202519110,63063.933.01$44,258
Jul 202535810,67966.743.32$59,296
Jun 202519210,52666.483.13$45,697
May 202519511,27060.553.23$48,236
Apr 20251859,66562.363.54$45,781
Mar 202546410,55467.704.27$76,461
Feb 20251939,07170.884.34$53,056
Jan 20253846,76974.324.28$57,501
Dec 20241929,57668.993.12$43,136
Nov 202419410,38069.052.20$36,216
Oct 202432710,54571.372.28$47,395
Sep 202417410,25269.612.36$36,352
Aug 20241619,70075.632.06$32,194
Jul 202438310,71479.932.15$53,612
Jun 202419310,35678.082.63$42,347
May 202428710,66078.812.20$46,054
Apr 20241899,45084.451.66$31,640
Mar 20243719,29480.301.55$44,152
Feb 202418010,44176.091.78$32,319
Jan 202438410,98773.023.30$64,271
Dec 202334511,14271.262.61$53,673
Nov 20231858,79577.892.81$39,102
Oct 202335410,95185.443.09$64,055
Sep 202329610,64189.042.74$55,459
Aug 202318310,87480.522.67$43,800
Jul 202328410,20174.852.64$48,206
Jun 20231678,87068.962.26$31,549
May 20232719,04770.622.23$39,289
Apr 202317311,56778.122.24$39,399
Mar 202336211,25372.852.39$53,302
Feb 20233529,90075.112.47$50,849
Jan 202338612,17976.533.39$70,800
Dec 202216310,88076.415.73$74,787
Nov 202235311,60785.005.65$95,540
Oct 202235012,68587.185.86$104,895
Sep 202232111,12984.888.16$118,100
Aug 202218112,11494.529.13$127,675
Jul 202238612,978101.587.54$137,091
Jun 202234520,245115.097.98$201,204
May 202235815,296109.378.43$168,146
Apr 202235812,331104.226.84$121,625
Mar 202258114,677108.885.08$137,766
Feb 202218113,83791.054.86$83,712
Jan 202237616,03281.844.54$103,520
Dec 202137713,64871.323.90$80,103
Nov 202137912,10877.435.24$92,754
Oct 202138115,27879.795.71$117,697
Sep 202138416,77369.865.35$116,577
Aug 202136515,04666.024.22$87,600
Jul 202118513,57070.783.98$67,131
Jun 202137914,25369.493.38$74,521
May 202138014,63963.483.02$68,298
Apr 202136914,81460.362.76$63,136
Mar 202157417,73461.302.72$83,368
Feb 202118811,94057.805.55$77,109
Jan 202157313,32350.412.81$66,326
Dec 202037412,00744.642.68$48,820
Nov 202055712,10638.772.71$54,361
Oct 202018211,58136.972.48$35,431
Sep 2020011,29037.091.99$22,479
Aug 202037511,52639.982.39$42,483
Jul 202074012,04838.371.83$50,383
Jun 202035714,86634.901.69$37,587
May 2020011,79716.921.81$21,409
Apr 202018910,93214.751.80$22,513
Mar 202037211,83530.341.86$33,255
Feb 202018511,53549.881.98$32,075
Jan 202038510,77857.252.09$44,618
Dec 201938511,02859.012.30$48,131
Nov 201939712,09955.302.75$55,235
Oct 201919211,89753.472.42$39,040
Sep 201919411,03655.052.66$40,005
Aug 201919611,49153.112.30$36,889
Jul 201939211,70856.272.46$50,860
Jun 201919312,12052.782.49$40,380
May 201937812,02158.482.74$55,047
Apr 201938412,49362.632.75$58,414
Mar 201939615,06256.803.06$68,614
Feb 201940611,51850.852.79$52,806
Jan 201957712,72246.033.23$67,628
Dec 201841412,43346.594.19$71,326
Nov 201839612,45852.934.24$73,748
Oct 201819912,97161.443.40$56,303
Sep 201838612,67659.543.11$62,379
Aug 201839112,70759.403.07$62,192
Jul 201819312,61565.142.93$49,558
Jun 201840111,92460.183.08$60,821
May 201839213,53165.382.90$64,880
Apr 201859313,39463.842.90$76,710
Mar 201820013,97061.222.79$51,176
Feb 201839613,78761.782.77$62,601
Jan 201859815,62562.874.01$100,242
Dec 201739114,45457.272.92$64,620
Nov 201739914,04455.423.12$65,907
Oct 201739116,66949.292.98$69,007
Sep 201758416,25947.523.09$77,948
Aug 201719216,87945.373.00$59,422
Jul 201758717,52543.873.09$79,856
Jun 201738916,18342.493.09$66,490
May 201739117,56745.373.26$75,068
Apr 201758920,07147.933.21$92,691
Mar 201739219,30646.772.98$75,937
Feb 201738919,57150.452.95$77,410
Jan 201739822,55449.413.42$96,773
Dec 201639122,31348.763.72$102,133
Nov 201658922,03942.492.64$83,305
Oct 201638512,69846.193.09$57,023
Sep 201619610,79841.553.10$41,624
Aug 201637911,86641.442.92$50,406
Jul 201636311,45141.622.92$48,595
Jun 201636711,39245.352.69$47,240
May 201636112,51742.521.99$40,272
Apr 201636412,05136.561.99$37,302
Mar 201637512,61633.011.79$35,012
Feb 201636311,21226.472.06$32,746
Jan 201657412,64727.352.36$45,601
Dec 201555712,46332.362.00$42,968
Nov 201536912,47038.792.17$41,340
Oct 201537013,19543.552.43$48,132
Sep 201556413,04542.992.76$60,230
Aug 20153668,74840.162.87$39,827
Jul 201554311,36048.152.95$59,602
Jun 201554611,36056.152.88$63,407
May 201590214,35555.212.96$92,225
Apr 201573012,87149.822.71$71,205
Mar 201592512,13642.892.93$75,289
Feb 201535610,40044.662.98$46,851
Jan 20159268,69143.433.10$67,164
Dec 201456313,19054.693.59$78,161
Nov 201490917,94570.464.25$140,347
Oct 201475119,19678.303.90$133,686
Sep 201454918,63886.164.05$122,701
Aug 201493219,81689.394.04$163,271
Jul 201453519,94396.564.18$135,013
Jun 201472919,75898.164.74$165,150
May 201473921,69994.734.73$172,567
Apr 20141,08021,63195.944.81$207,641
Mar 201491922,86795.895.06$203,757
Feb 201473319,67197.406.19$193,197
Jan 201491822,43790.404.86$192,047
Dec 20131,11924,40191.824.35$209,000
Nov 20131,21523,11088.853.74$194,344
Oct 201394222,95897.423.78$178,536
Sep 201391426,764104.113.72$194,658
Aug 201374225,984104.253.52$168,885
Jul 20131,32427,692102.523.72$238,688
Jun 20131,10610,96494.403.93$147,532
May 20131,0048,73694.834.15$131,456
Apr 20131,5106,30893.964.28$168,894
Mar 20131,35818,33693.623.91$198,882
Feb 20131,5011,72991.233.42$142,849
Jan 20131,51032,59891.603.42$249,798
Dec 20122,17122,94786.773.42$266,860
Nov 20121,72121,60286.953.62$227,947
Oct 20122,26922,76189.383.40$280,183
Sep 20122,23326,54794.672.92$288,873
Aug 20122,29021,55592.662.91$274,877
Jul 20122,87627,37185.133.02$327,516
Jun 20122,68316,79379.822.52$256,459
May 20122,64621,03191.612.49$294,732
Apr 20122,31115,645101.652.00$266,153
Mar 20123,68234,368105.052.22$463,163
Feb 20122,88016,243101.102.57$332,916
Jan 20122,89224,81098.092.73$351,509
Dec 20112,40819,79996.873.24$297,407
Nov 20113,47217,05095.723.31$388,797
Oct 20114,05121,07984.983.65$421,162
Sep 20113,95420,20183.623.99$411,151
Aug 20113,96064,41583.404.15$597,542
Jul 20114,04647,33094.144.52$594,691
Jun 20116,00858,92992.904.64$831,567
May 20119,54297,53198.134.40$1,365,963
Apr 201110,339107,697105.964.33$1,562,202
Mar 201119,073238,48096.364.06$2,805,469
Feb 201127,247330,56385.644.18$3,715,180
Jan 201126,972316,88286.504.59$3,787,180

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           183 bbl  × $106.41 =    $19,473
Gas               10,972 Mcf  × $  3.05 =    $33,419

────────────────────────────────────────────────────
Month total                                  $52,892

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/259853 is the state's own key, not one this site invented.