VISE

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 262481District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.6 M
May 2011 – May 2026
Value, last 12 filed months
$194 k
at the published price for each month
Months reported
181
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 Gas222012-11-06 – 2014-02-122 dockets
NGPA2none

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
CondensateDisposition34,988 bbl$3,008,921
GasProduction3,398,237 Mcf$12,549,980
Total$15,558,901

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 35.6672, -100.2407. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.66720, -100.24070 · 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
11,155 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 11,155 ft.

Completions filed
May 2011
1 of 1 wells

1 well

42-211348058H11,155 ftMay 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 (181)

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

181 months

May 202624,034106.413.05$12,500
Apr 202614,24598.932.87$12,281
Mar 202613,66289.753.15$11,623
Feb 202614,04063.503.75$15,215
Jan 202613,67059.138.00$29,412
Dec 202504,63056.664.41$20,434
Nov 202514,99858.593.93$19,683
Oct 20251814,34859.383.30$25,117
Sep 202503,78662.743.08$11,649
Aug 202503,10963.933.01$9,373
Jul 202514,26266.743.32$14,196
Jun 202503,98666.483.13$12,471
May 202513,40860.553.23$11,076
Apr 202503,33762.363.54$11,823
Mar 202513,78167.704.27$16,206
Feb 202501,99370.884.34$8,651
Jan 202513,34074.324.28$14,365
Dec 202414,31168.993.12$13,525
Nov 20241653,70269.052.20$19,532
Oct 202402,24171.372.28$5,113
Sep 202403,79069.612.36$8,961
Aug 202403,87975.632.06$8,005
Jul 202414,30979.932.15$9,330
Jun 202403,68778.082.63$9,711
May 202413,80178.812.20$8,435
Apr 202403,67984.451.66$6,104
Mar 20241724,47580.301.55$20,726
Feb 202414,05676.091.78$7,311
Jan 202413,42773.023.30$11,374
Dec 202303,80471.262.61$9,931
Nov 202312,55377.892.81$7,246
Oct 202325,03985.443.09$15,728
Sep 202324,68489.042.74$12,989
Aug 202315,36580.522.67$14,421
Jul 202305,92674.852.64$15,655
Jun 202314,78368.962.26$10,871
May 20231784,47070.622.23$22,527
Apr 202305,14578.122.24$11,513
Mar 20231804,88372.852.39$24,799
Feb 202303,70475.112.47$9,133
Jan 202305,35276.533.39$18,131
Dec 202204,56376.415.73$26,142
Nov 202215,20485.005.65$29,468
Oct 202206,24387.185.86$36,607
Sep 20221824,69084.888.16$53,736
Aug 202205,17194.529.13$47,197
Jul 202205,197101.587.54$39,196
Jun 202205,253115.097.98$41,904
May 202205,137109.378.43$43,321
Apr 202205,224104.226.84$35,720
Mar 20221845,689108.885.08$48,914
Feb 202203,77191.054.86$18,323
Jan 202205,32681.844.54$24,168
Dec 202114,27771.323.90$16,748
Nov 202105,17677.435.24$27,106
Oct 202105,48879.795.71$31,358
Sep 202105,24569.865.35$28,066
Aug 20211644,75466.024.22$30,892
Jul 202105,35270.783.98$21,312
Jun 202105,19769.493.38$17,569
May 202115,82163.483.02$17,629
Apr 20211845,72960.362.76$26,909
Mar 202126,13461.302.72$16,788
Feb 202112,44457.805.55$13,617
Jan 202115,68650.412.81$16,030
Dec 202014,08944.642.68$10,985
Nov 202005,59838.772.71$15,151
Oct 20201784,71336.972.48$18,262
Sep 202006,40637.091.99$12,755
Aug 202005,72839.982.39$13,662
Jul 202006,63538.371.83$12,110
Jun 202005,27834.901.69$8,921
May 20201865,38316.921.81$12,916
Apr 202006,03514.751.80$10,889
Mar 202004,77030.341.86$8,854
Feb 202015,32849.881.98$10,603
Jan 20201855,89757.252.09$22,944
Dec 201915,70559.012.30$13,205
Nov 201906,20755.302.75$17,074
Oct 20191807,00853.472.42$26,574
Sep 201907,19755.052.66$19,124
Aug 201916,18853.112.30$14,312
Jul 20191817,03456.272.46$27,489
Jun 201915,88452.782.49$14,711
May 201907,15558.482.74$19,607
Apr 20191766,23962.632.75$28,185
Mar 201906,85956.803.06$21,003
Feb 201907,14550.852.79$19,950
Jan 201906,42146.033.23$20,728
Dec 201816,41946.594.19$26,913
Nov 20181746,72052.934.24$37,684
Oct 201807,44961.443.40$25,312
Sep 201807,29659.543.11$22,676
Aug 201807,46659.403.07$22,895
Jul 20181747,80465.142.93$34,215
Jun 201807,89060.183.08$24,277
May 201808,08965.382.90$23,465
Apr 20181127,37563.842.90$28,543
Mar 20181858,08261.222.79$33,849
Feb 201807,23661.782.77$20,016
Jan 201816,67262.874.01$26,813
Dec 201716,40857.272.92$18,778
Nov 20171847,12355.423.12$32,409
Oct 201718,37049.292.98$25,023
Sep 201706,55247.523.09$20,228
Aug 20171637,23645.373.00$29,135
Jul 201707,55843.873.09$23,334
Jun 201717,27342.493.09$22,496
May 201707,39745.373.26$24,139
Apr 20171918,28947.933.21$35,776
Mar 201708,86346.772.98$26,444
Feb 201718,31350.452.95$24,595
Jan 20171878,80449.413.42$39,339
Dec 201609,40748.763.72$35,021
Nov 2016499,64742.492.64$27,592
Oct 2016010,02346.193.09$30,974
Sep 20161859,85941.553.10$38,256
Aug 2016010,36241.442.92$30,302
Jul 2016010,32241.622.92$30,185
Jun 201618810,13245.352.69$35,739
May 2016010,13742.521.99$20,183
Apr 201619210,19136.561.99$27,310
Mar 2016010,69233.011.79$19,182
Feb 2016010,20726.472.06$21,063
Jan 201618411,05527.352.36$31,170
Dec 2015010,33632.362.00$20,687
Nov 201518210,19838.792.17$29,162
Oct 2015011,70543.552.43$28,403
Sep 201519211,04842.992.76$38,729
Aug 2015011,84640.162.87$34,028
Jul 2015011,97348.152.95$35,261
Jun 201538211,80856.152.88$55,490
May 2015012,52355.212.96$37,011
Apr 2015012,81449.822.71$34,682
Mar 201518313,52342.892.93$47,535
Feb 2015011,46944.662.98$34,134
Jan 2015012,14743.433.10$37,663
Dec 201417511,70854.693.59$51,618
Nov 2014012,12570.464.25$51,554
Oct 201411313,91778.303.90$63,138
Sep 201418013,17886.164.05$68,820
Aug 2014014,67489.394.04$59,211
Jul 201419314,90196.564.18$80,916
Jun 2014015,11098.164.74$71,574
May 201418914,94594.734.73$88,542
Apr 2014015,22895.944.81$73,233
Mar 201419516,05495.895.06$99,880
Feb 2014012,81597.406.19$79,350
Jan 2014016,74390.404.86$81,383
Dec 201317416,63791.824.35$88,422
Nov 2013017,12488.853.74$64,014
Oct 201317718,48097.423.78$87,086
Sep 201317817,487104.113.72$83,544
Aug 201318319,646104.253.52$88,283
Jul 201318221,306102.523.72$97,869
Jun 201319321,06294.403.93$101,065
May 201319523,27694.834.15$115,066
Apr 201319422,38693.964.28$114,098
Mar 2013025,79093.623.91$100,913
Feb 201319623,20491.233.42$97,237
Jan 201319027,93991.603.42$112,953
Dec 2012030,55286.773.42$104,493
Nov 201219731,53986.953.62$131,457
Oct 201219832,51989.383.40$128,251
Sep 201239335,24694.672.92$140,067
Aug 201257638,28392.662.91$164,705
Jul 201238941,23885.133.02$157,687
Jun 201219644,07779.822.52$126,676
May 201238347,52991.612.49$153,354
Apr 201239153,686101.652.00$146,945
Mar 201219748,946105.052.22$129,457
Feb 201259159,504101.102.57$212,690
Jan 201275876,38898.092.73$283,203
Dec 20111,153101,17396.873.24$439,465
Nov 20111,18295,68795.723.31$429,987
Oct 20111,379115,60784.983.65$538,984
Sep 20111,791147,16283.623.99$736,322
Aug 20112,724224,40783.404.15$1,158,318
Jul 20114,120332,11494.144.52$1,888,095
Jun 20117,541394,43592.904.64$2,530,690
May 20112,098144,93598.134.40$844,289

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             2 bbl  × $106.41 =       $213
Gas                4,034 Mcf  × $  3.05 =    $12,287

────────────────────────────────────────────────────
Month total                                  $12,500

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/262481 is the state's own key, not one this site invented.