DEREK 12

Operated by PRESIDIO PETROLEUM LLC (P-5 676084) 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 261771District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.2 M
Dec 2010 – May 2026
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
186
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 Gas112012-02-24201786
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
CondensateDisposition41,168 bbl$3,427,716
GasProduction2,381,787 Mcf$8,792,336
Total$12,220,053

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 35.7197, -100.2087. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.71973, -100.20873 · 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
11,250 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 11,250 ft.

Completions filed
Dec 2010
1 of 1 wells

1 well

42-211347851012H11,250 ftDec 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 (186)

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

186 months

May 202601,016106.413.05$3,095
Apr 2026092898.932.87$2,663
Mar 2026093689.753.15$2,948
Feb 2026034063.503.75$1,275
Jan 2026067359.138.00$5,383
Dec 2025080556.664.41$3,553
Nov 2025093858.593.93$3,683
Oct 2025046659.383.30$1,540
Sep 2025010562.743.08$323
Aug 2025095863.933.01$2,888
Jul 2025091166.743.32$3,020
Jun 2025073466.483.13$2,296
May 2025064660.553.23$2,088
Apr 20257480962.363.54$7,481
Mar 2025059367.704.27$2,531
Feb 2025036170.884.34$1,567
Jan 2025087074.324.28$3,722
Dec 202401,25668.993.12$3,920
Nov 2024671,07769.052.20$6,994
Oct 202401,07271.372.28$2,446
Sep 2024090569.612.36$2,140
Aug 202401,09375.632.06$2,256
Jul 2024087679.932.15$1,880
Jun 2024061778.082.63$1,625
May 20249189978.812.20$9,148
Apr 2024086384.451.66$1,432
Mar 2024017080.301.55$263
Feb 2024075776.091.78$1,350
Jan 20241001,29073.023.30$11,556
Dec 202301,08071.262.61$2,820
Nov 202301,29677.892.81$3,639
Oct 2023086785.443.09$2,677
Sep 202301,01589.042.74$2,776
Aug 2023741,16680.522.67$9,075
Jul 2023093874.852.64$2,478
Jun 2023057768.962.26$1,303
May 2023066370.622.23$1,477
Apr 202310445678.122.24$9,145
Mar 2023078172.852.39$1,869
Feb 2023084975.112.47$2,093
Jan 2023071276.533.39$2,412
Dec 2022034576.415.73$1,977
Nov 2022077285.005.65$4,359
Oct 20225993587.185.86$10,626
Sep 2022071384.888.16$5,821
Aug 2022097394.529.13$8,881
Jul 2022117767101.587.54$17,670
Jun 20220868115.097.98$6,924
May 202201,056109.378.43$8,905
Apr 20220866104.226.84$5,921
Mar 20220789108.885.08$4,005
Feb 2022095091.054.86$4,616
Jan 20221821,05881.844.54$19,696
Dec 2021068171.323.90$2,655
Nov 202101,15877.435.24$6,064
Oct 202101,04279.795.71$5,954
Sep 202101,20469.865.35$6,443
Aug 202101,25166.024.22$5,280
Jul 2021084870.783.98$3,377
Jun 202101,20369.493.38$4,067
May 20211821,15263.483.02$15,030
Apr 202101,24860.362.76$3,443
Mar 202101,72061.302.72$4,673
Feb 2021041957.805.55$2,325
Jan 202101,23650.412.81$3,473
Dec 202001,08344.642.68$2,898
Nov 20201871,55538.772.71$11,459
Oct 202001,08136.972.48$2,679
Sep 202001,08737.091.99$2,164
Aug 2020076239.982.39$1,817
Jul 202001,81038.371.83$3,303
Jun 202001,55534.901.69$2,628
May 202001,69416.921.81$3,074
Apr 20201951,78614.751.80$6,099
Mar 202001,75930.341.86$3,265
Feb 202001,73649.881.98$3,438
Jan 202001,77757.252.09$3,722
Dec 201901,77459.012.30$4,088
Nov 201901,82655.302.75$5,023
Oct 201901,87853.472.42$4,542
Sep 20191831,99955.052.66$15,386
Aug 201902,41853.112.30$5,572
Jul 201902,23556.272.46$5,498
Jun 201902,21652.782.49$5,521
May 201902,23958.482.74$6,136
Apr 20191872,28662.632.75$18,000
Mar 201912,44756.803.06$7,550
Feb 201942,90550.852.79$8,315
Jan 201901,72946.033.23$5,582
Dec 201819952946.594.19$11,486
Nov 201801,11252.934.24$4,712
Oct 201801,58361.443.40$5,379
Sep 2018072359.543.11$2,247
Aug 2018094159.403.07$2,886
Jul 201801,35165.142.93$3,961
Jun 201801,55160.183.08$4,772
May 201802,66765.382.90$7,736
Apr 201802,24363.842.90$6,506
Mar 201822,67961.222.79$7,588
Feb 20182012,07061.782.77$18,144
Jan 201822,87862.874.01$11,665
Dec 201703,21457.272.92$9,390
Nov 20171993,19555.423.12$20,992
Oct 201714,46149.292.98$13,359
Sep 20172123,73547.523.09$21,605
Aug 201715,07245.373.00$15,284
Jul 20171915,97643.873.09$26,829
Jun 20171948,50442.493.09$34,497
May 201718,06945.373.26$26,378
Apr 20171977,33747.933.21$33,006
Mar 20171977,29046.772.98$30,965
Feb 201727,04850.452.95$20,911
Jan 20172017,69549.413.42$36,239
Dec 20162028,39448.763.72$41,099
Nov 20161958,42042.492.64$30,551
Oct 20161988,80146.193.09$36,343
Sep 20161979,05441.553.10$36,258
Aug 2016611,59841.442.92$34,165
Jul 201625,45841.622.92$16,044
Jun 20161989,04445.352.69$33,270
May 201620410,66542.521.99$29,909
Apr 201619613,10336.561.99$33,254
Mar 201621613,75733.011.79$31,810
Feb 201623013,11126.472.06$33,144
Jan 201620013,92727.352.36$38,398
Dec 201539013,90732.362.00$40,454
Nov 2015013,80938.792.17$29,929
Oct 201519414,41543.552.43$43,428
Sep 201538714,72542.992.76$57,255
Aug 201519515,19840.162.87$51,487
Jul 201519915,58948.152.95$55,493
Jun 201519715,17456.152.88$54,806
May 201519716,22355.212.96$58,823
Apr 20151997,85249.822.71$31,166
Mar 201537816,39042.892.93$64,312
Feb 201510115,51344.662.98$50,680
Jan 201520417,19843.433.10$62,184
Dec 201411917,61054.693.59$69,752
Nov 20149616,59670.464.25$77,328
Oct 201419717,11078.303.90$82,171
Sep 201412417,72186.164.05$82,373
Aug 201421218,67889.394.04$94,319
Jul 20141518,69896.564.18$79,599
Jun 201412318,39098.164.74$99,185
May 201422219,30294.734.73$112,262
Apr 201422519,00595.944.81$112,984
Mar 201410019,96695.895.06$110,553
Feb 201438017,37297.406.19$144,579
Jan 201438520,54090.404.86$134,643
Dec 201338220,52991.824.35$124,468
Nov 201318521,08188.853.74$95,244
Oct 201327522,40697.423.78$111,471
Sep 201356222,263104.113.72$141,278
Aug 201338623,717104.253.52$123,786
Jul 201319623,954102.523.72$109,149
Jun 201337923,94194.403.93$129,947
May 201341625,31294.834.15$144,471
Apr 201341724,54293.964.28$144,285
Mar 201347327,23993.623.91$150,865
Feb 201339021,27491.233.42$108,335
Jan 201341927,03791.603.42$130,845
Dec 201260328,71686.773.42$150,536
Nov 201237528,65286.953.62$136,469
Oct 201259130,08789.383.40$155,110
Sep 201240929,79894.672.92$125,683
Aug 201262131,66092.662.91$149,614
Jul 201238432,26185.133.02$130,144
Jun 201259331,24779.822.52$126,046
May 201263334,18591.612.49$143,052
Apr 201256333,800101.652.00$124,721
Mar 201257732,910105.052.22$133,743
Feb 201259734,580101.102.57$149,236
Jan 201286940,77898.092.73$196,731
Dec 201162938,45396.873.24$185,509
Nov 20111,09341,22195.723.31$241,116
Oct 201189243,62784.983.65$234,977
Sep 20111,09147,01183.623.99$278,606
Aug 20111,16751,68883.404.15$311,798
Jul 20111,29857,12294.144.52$380,228
Jun 20111,25861,31892.904.64$401,376
May 20111,71970,41098.134.40$478,829
Apr 20111,54975,759105.964.33$492,417
Mar 20111,89388,57696.364.06$541,792
Feb 20112,28496,97685.644.18$600,960
Jan 20113,032148,85586.504.59$945,331
Dec 20101,478174,31185.734.35$884,570

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             0 bbl  × $106.41 =         $0
Gas                1,016 Mcf  × $  3.05 =     $3,095

────────────────────────────────────────────────────
Month total                                   $3,095

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/261771 is the state's own key, not one this site invented.