LOTT 1

Operated by MMGL TXPH, LLC (P-5 101619) 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 261447District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$26.9 M
Nov 2010 – May 2026
Value, last 12 filed months
$245 k
at the published price for each month
Months reported
187
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 Gas112013-02-13207929
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
CondensateDisposition199,617 bbl$17,013,415
GasProduction2,585,604 Mcf$9,880,436
Total$26,893,851

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 35.5307, -100.2033. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.53072, -100.20333 · 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
11,810 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 11,810 ft.

Completions filed
Nov 2010
1 of 1 wells

1 well

42-483330092H11,810 ftNov 2010

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 (187)

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

187 months

May 20261832,761106.413.05$27,883
Apr 20261802,53398.932.87$25,076
Mar 202602,79389.753.15$8,796
Feb 20261793,70663.503.75$25,265
Jan 202613,32959.138.00$26,684
Dec 20253543,94556.664.41$37,468
Nov 202513,20258.593.93$12,631
Oct 202503,07059.383.30$10,146
Sep 20251792,86862.743.08$20,055
Aug 202512,77363.933.01$8,424
Jul 20251742,73466.743.32$20,677
Jun 20251773,13466.483.13$21,572
May 202513,99060.553.23$12,958
Apr 20251803,45162.363.54$23,452
Mar 20251693,53667.704.27$26,534
Feb 202502,45770.884.34$10,665
Jan 20251772,55774.324.28$24,095
Dec 20241732,95868.993.12$21,168
Nov 20241772,71669.052.20$18,193
Oct 202412,94171.372.28$6,781
Sep 20241762,78869.612.36$18,843
Aug 202412,57575.632.06$5,389
Jul 20241732,83579.932.15$19,913
Jun 20241712,80878.082.63$20,748
May 202412,78978.812.20$6,210
Apr 202422,69584.451.66$4,640
Mar 20241753,03180.301.55$18,736
Feb 202412,37776.091.78$4,316
Jan 20241753,78473.023.30$25,257
Dec 20231882,95071.262.61$21,099
Nov 20231632,68177.892.81$20,223
Oct 202312,79885.443.09$8,724
Sep 20231702,71089.042.74$22,549
Aug 20231772,78280.522.67$21,688
Jul 20231593,36174.852.64$20,780
Jun 202312,13168.962.26$4,882
May 20231771,77870.622.23$16,460
Apr 202351,71678.122.24$4,231
Mar 2023130672.852.39$805
Feb 20231643,30175.112.47$20,457
Jan 20231632,83176.533.39$22,065
Dec 202211,59576.415.73$9,214
Nov 20221792,38085.005.65$28,653
Oct 202232,82287.185.86$16,809
Sep 20221762,77184.888.16$37,560
Aug 202242,87294.529.13$26,591
Jul 20221732,710101.587.54$38,012
Jun 20221651,839115.097.98$33,660
May 202212,182109.378.43$18,510
Apr 20221762,987104.226.84$38,767
Mar 20221752,696108.885.08$32,740
Feb 20221777,25291.054.86$51,352
Jan 20221743,06181.844.54$28,130
Dec 202133,39571.323.90$13,451
Nov 20211793,62777.435.24$32,854
Oct 20211814,67479.795.71$41,149
Sep 20211754,93269.865.35$38,616
Aug 20211714,10766.024.22$28,623
Jul 20211804,07870.783.98$28,979
Jun 202101,48869.493.38$5,030
May 202131,23863.483.02$3,926
Apr 20211765,23360.362.76$25,058
Mar 20211755,16061.302.72$24,747
Feb 20211832,98757.805.55$27,149
Jan 20211884,86750.412.81$23,155
Dec 20201774,62844.642.68$20,283
Nov 20201785,28238.772.71$21,197
Oct 20203545,23336.972.48$26,057
Sep 20201834,89437.091.99$16,532
Aug 20201754,54539.982.39$17,837
Jul 202021,43438.371.83$2,694
Jun 202016893634.901.69$7,445
May 202013,14516.921.81$5,724
Apr 20201852,71714.751.80$7,631
Mar 202032,47330.341.86$4,681
Feb 20201912,88349.881.98$15,237
Jan 20201733,09657.252.09$16,390
Dec 20191633,79159.012.30$18,354
Nov 20191643,88155.302.75$19,745
Oct 20191734,51953.472.42$20,180
Sep 20191664,82455.052.66$21,957
Aug 20191594,66653.112.30$19,197
Jul 20191824,69456.272.46$21,789
Jun 20191704,58452.782.49$20,392
May 20193494,97458.482.74$34,040
Apr 20191844,41962.632.75$23,679
Mar 20191844,39856.803.06$23,918
Feb 201913,66150.852.79$10,273
Jan 20191763,58846.033.23$19,684
Dec 20183454,56446.594.19$35,176
Nov 20181844,35652.934.24$28,197
Oct 20181824,90661.443.40$27,853
Sep 20181864,78559.543.11$25,946
Aug 20181804,42359.403.07$24,255
Jul 201814,60065.142.93$13,552
Jun 20181724,72360.183.08$24,883
May 20183675,52765.382.90$40,027
Apr 20181724,99463.842.90$25,467
Mar 20181795,53461.222.79$26,381
Feb 20181935,04961.782.77$25,890
Jan 20183835,26962.874.01$45,204
Dec 20173595,39057.272.92$36,307
Nov 20171875,78055.423.12$28,388
Oct 20173736,50149.292.98$37,782
Sep 20171804,68547.523.09$23,018
Aug 20171893,60545.373.00$19,406
Jul 201702,29743.873.09$7,091
Jun 201713,64742.493.09$11,302
May 20173844,86145.373.26$33,285
Apr 20171845,62047.933.21$26,868
Mar 20171945,08446.772.98$24,242
Feb 20173816,71850.452.95$39,057
Jan 20171867,38749.413.42$34,445
Dec 20163686,34348.763.72$41,558
Nov 201602,69542.492.64$7,127
Oct 20165575,71246.193.09$43,379
Sep 20163706,52841.553.10$35,614
Aug 20165587,17041.442.92$44,091
Jul 20161867,24341.622.92$28,922
Jun 20165537,16545.352.69$44,323
May 20165597,01842.521.99$37,742
Apr 20163735,80036.561.99$25,185
Mar 20163694,78833.011.79$20,770
Feb 20161923,04626.472.06$11,368
Jan 20161803,41727.352.36$13,002
Dec 20153833,91032.362.00$20,219
Nov 20151772,96038.792.17$13,281
Oct 20151842,68543.552.43$14,529
Sep 201502,30842.992.76$6,366
Aug 20151753,67640.162.87$17,587
Jul 201502,87748.152.95$8,473
Jun 20153616,41656.152.88$38,767
May 20153809,47655.212.96$48,986
Apr 20153777,21349.822.71$38,305
Mar 20155657,21442.892.93$45,404
Feb 20151896,62144.662.98$28,146
Jan 20153688,89243.433.10$43,553
Dec 20145849,79554.693.59$67,116
Nov 201456910,70670.464.25$85,612
Oct 201457311,64478.303.90$90,289
Sep 201451510,82486.164.05$88,160
Aug 201489011,40689.394.04$125,582
Jul 20147269,99096.564.18$111,857
Jun 201476612,80498.164.74$135,842
May 20141,1489,86394.734.73$155,368
Apr 201475511,58595.944.81$128,148
Mar 201497411,93495.895.06$153,745
Feb 20147491,43497.406.19$81,832
Jan 20147801,45190.404.86$77,565
Dec 20139715,25591.824.35$112,040
Nov 20137607,46388.853.74$95,425
Oct 20131,1159,16597.423.78$143,261
Sep 201391714,823104.113.72$150,577
Aug 201392919,171104.253.52$164,380
Jul 20131,29919,154102.523.72$204,383
Jun 20131,13922,90094.403.93$197,597
May 20131,44417,80594.834.15$210,809
Apr 20131,15980,93193.964.28$455,494
Mar 20131,58321,77193.623.91$233,388
Feb 20131,13420,69091.233.42$174,213
Jan 20131,15621,41191.603.42$179,113
Dec 201288720,78486.773.42$148,050
Nov 20121,31822,42686.953.62$195,893
Oct 20121,35025,38689.383.40$206,967
Sep 201274424,84194.672.92$142,930
Aug 20122,25922,49492.662.91$274,735
Jul 20121,32224,27285.133.02$185,863
Jun 201276618,76679.822.52$108,414
May 20121,74020,94891.612.49$211,527
Apr 20122,03321,909101.652.00$250,402
Mar 20121,94431,331105.052.22$273,837
Feb 20121,87523,998101.102.57$251,243
Jan 20121,73720,46598.092.73$226,335
Dec 201180514,72696.873.24$125,689
Nov 20111,23310,08895.723.31$151,427
Oct 20111,28413,07284.983.65$156,808
Sep 20114,03445,66283.623.99$519,323
Aug 20111,78512,38383.404.15$200,250
Jul 20113,09928,48294.144.52$420,400
Jun 20116,17965,13492.904.64$876,243
May 20118,09174,53198.134.40$1,122,265
Apr 20117,21176,093105.964.33$1,093,810
Mar 20119,53683,13296.364.06$1,256,184
Feb 201112,562133,69485.644.18$1,634,648
Jan 201115,942180,34786.504.59$2,206,556
Dec 201030,692329,00385.734.35$4,061,648
Nov 201032,538325,48580.843.80$3,865,695

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                2,761 Mcf  × $  3.05 =     $8,410

────────────────────────────────────────────────────
Month total                                  $27,883

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/261447 is the state's own key, not one this site invented.