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 262647District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.5 M
Feb 2011 – May 2026
Value, last 12 filed months
$394 k
at the published price for each month
Months reported
184
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 Gas112013-01-23207669
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
CondensateDisposition64,024 bbl$4,624,178
GasProduction3,578,916 Mcf$12,895,531
Total$17,519,709

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 35.5185, -100.2121. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.51848, -100.21210 · 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
13,914 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 13,914 ft.

Completions filed
Feb 2011
1 of 1 wells

1 well

42-483330613SL13,914 ftFeb 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 (184)

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

184 months

May 202604,354106.413.05$13,262
Apr 20261784,51198.932.87$30,555
Mar 20263514,23189.753.15$44,828
Feb 20261884,47263.503.75$28,709
Jan 20263565,08759.138.00$61,736
Dec 202504,18556.664.41$18,470
Nov 202555,97858.593.93$23,765
Oct 202507,24759.383.30$23,950
Sep 20255288,25562.743.08$58,527
Aug 202559,36763.933.01$28,559
Jul 2025510,13766.743.32$33,940
Jun 202508,93366.483.13$27,949
May 20251879,16360.553.23$40,941
Apr 2025106,35562.363.54$23,140
Mar 20251927,84567.704.27$46,483
Feb 20251756,85570.884.34$42,160
Jan 202556,26874.324.28$27,190
Dec 20241718,46168.993.12$38,207
Nov 20243419,51769.052.20$44,469
Oct 202454,37071.372.28$10,327
Sep 20241839,13569.612.36$34,337
Aug 2024510,03575.632.06$21,087
Jul 202418710,66079.932.15$37,830
Jun 20241649,36278.082.63$37,464
May 20241689,02478.812.20$33,079
Apr 20243598,10984.451.66$43,772
Mar 20241819,14980.301.55$28,671
Feb 20241659,32876.091.78$29,193
Jan 20241837,17073.023.30$37,007
Dec 20231659,95471.262.61$37,745
Nov 2023147,70277.892.81$22,714
Oct 20231826,70585.443.09$36,250
Sep 20231915,92089.042.74$33,198
Aug 202320910,88780.522.67$45,928
Jul 2023148,50774.852.64$23,522
Jun 20232008,11168.962.26$32,111
May 20231668,80370.622.23$31,331
Apr 20232806,71578.122.24$36,900
Mar 20231917,58872.852.39$32,074
Feb 20231987,90175.112.47$34,353
Jan 20233438,47976.533.39$54,974
Dec 20221847,69976.415.73$58,168
Nov 2022108,74585.005.65$50,226
Oct 20221919,49887.185.86$72,345
Sep 20222178,35584.888.16$86,627
Aug 20222358,95294.529.13$103,919
Jul 202226711,162101.587.54$111,307
Jun 202212910,550115.097.98$99,006
May 202219511,644109.378.43$119,521
Apr 202218811,615104.226.84$99,012
Mar 202247211,519108.885.08$109,866
Feb 202221510,57691.054.86$70,963
Jan 202217610,02981.844.54$59,912
Dec 202137711,98671.323.90$73,622
Nov 20215412,61477.435.24$70,239
Oct 202120612,90579.795.71$90,174
Sep 202120611,16969.865.35$74,156
Aug 20217611,09866.024.22$51,858
Jul 202122911,33770.783.98$61,353
Jun 20214311,70369.493.38$42,551
May 202124313,42463.483.02$55,935
Apr 202120613,61760.362.76$49,996
Mar 202141315,00661.302.72$66,087
Feb 20214911,35657.805.55$65,835
Jan 202122514,82050.412.81$52,990
Dec 202020715,00144.642.68$49,375
Nov 202038015,31538.772.71$56,184
Oct 202037414,51836.972.48$49,809
Sep 202017215,72137.091.99$37,681
Aug 202020516,49539.982.39$47,538
Jul 202023216,31638.371.83$38,681
Jun 202017815,88234.901.69$33,058
May 202038018,23816.921.81$39,527
Apr 202036713,19014.751.80$29,213
Mar 202033817,09730.341.86$41,991
Feb 202021315,42349.881.98$41,172
Jan 202019716,25557.252.09$45,328
Dec 201936916,21459.012.30$59,138
Nov 20193788,23955.302.75$43,566
Oct 20193221,10153.472.42$52,745
Sep 20191959,29555.052.66$35,434
Aug 201919011,03753.112.30$35,524
Jul 201937715,63056.272.46$59,665
Jun 201921714,81052.782.49$48,348
May 201920516,18358.482.74$56,335
Apr 201936615,79162.632.75$66,359
Mar 201917211,45856.803.06$44,855
Feb 201938514,52550.852.79$60,134
Jan 201922815,21546.033.23$59,612
Dec 201838417,45846.594.19$90,960
Nov 20184515,33252.934.24$67,347
Oct 201823617,66361.443.40$74,520
Sep 201820318,00559.543.11$68,046
Aug 20182219,03259.403.07$59,670
Jul 201856317,67165.142.93$88,483
Jun 201820317,53760.183.08$66,176
May 201837518,80865.382.90$79,076
Apr 201837613,98263.842.90$64,563
Mar 201822617,92061.222.79$63,776
Feb 201867815,70761.782.77$85,334
Jan 201853817,89862.874.01$105,583
Dec 201729619,49257.272.92$73,898
Nov 201718920,68955.423.12$74,990
Oct 201718521,22949.292.98$72,459
Sep 201729320,86647.523.09$78,343
Aug 201722523,35745.373.00$80,382
Jul 201722812,10443.873.09$47,371
Jun 20175964,36142.493.09$38,788
May 20172455,18645.373.26$28,040
Apr 20175005,63447.933.21$42,059
Mar 20175104,13846.772.98$36,199
Feb 20175457,35250.452.95$49,203
Jan 20172451,19549.413.42$16,191
Dec 201631277848.763.72$18,109
Nov 20161862,65342.492.64$14,919
Oct 20162613,29146.193.09$22,226
Sep 20161812,53141.553.10$15,368
Aug 20163092,99141.442.92$21,552
Jul 201638211,80941.622.92$50,432
Jun 201614814,73145.352.69$46,277
May 201637015,51642.521.99$46,625
Apr 20162622,71536.561.99$14,984
Mar 20168773,95833.011.79$36,050
Feb 20161942,43026.472.06$10,150
Jan 20167391,01427.352.36$22,609
Dec 20153782,24132.362.00$16,717
Nov 20151986,39938.792.17$21,549
Oct 20155509,27143.552.43$46,449
Sep 20155619,79842.992.76$51,144
Aug 20157339,52140.162.87$56,786
Jul 20153874,41848.152.95$31,645
Jun 20157578,14856.152.88$65,995
May 20156064,38155.212.96$46,405
Apr 20153952,48849.822.71$26,413
Mar 20157947,90842.892.93$57,262
Feb 20152309,97744.662.98$39,965
Jan 201527210,84343.433.10$45,433
Dec 201479812,97554.693.59$90,241
Nov 201464114,79470.464.25$108,067
Oct 201436815,84978.303.90$90,641
Sep 20142615,39086.164.05$64,499
Aug 201480217,62689.394.04$142,814
Jul 201482222,00396.564.18$171,336
Jun 201436627,24798.164.74$164,992
May 20141,88734,41394.734.73$341,411
Apr 20141,03335,58795.944.81$270,248
Mar 20141,50746,90495.895.06$381,690
Feb 201477020,42097.406.19$201,439
Jan 20141,23512,97090.404.86$174,688
Dec 20131,17742,59591.824.35$293,551
Nov 20131,81339,80788.853.74$309,895
Oct 20131,55452,88197.423.78$351,247
Sep 201324817,656104.113.72$91,460
Aug 201358533,406104.253.52$178,663
Jul 201366235,000102.523.72$197,989
Jun 201329835,89994.403.93$169,337
May 201356221,15094.834.15$141,048
Apr 201319544,02893.964.28$206,876
Mar 201393827,30993.623.91$194,672
Feb 201335526,46391.233.42$122,888
Jan 201320228,98491.603.42$117,626
Dec 201273231,85786.773.42$172,472
Nov 201257033,70586.953.62$171,741
Oct 201255135,77589.383.40$170,872
Sep 201256736,76894.672.92$160,982
Aug 201257437,11692.662.91$161,126
Jul 201273137,66685.133.02$176,011
Jun 20121,07939,26779.822.52$185,041
May 201275739,37491.612.49$167,324
Apr 201254144,182101.652.00$143,215
Mar 201257737,602105.052.22$144,169
Feb 20121,33549,530101.102.57$262,272
Jan 201275045,71898.092.73$198,564
Dec 2011047,16996.873.24$152,815
Nov 201117946,19795.723.31$170,105
Oct 2011059,05884.983.65$215,475
Sep 2011061,12483.623.99$243,628
Aug 201163670,75583.404.15$346,628
Jul 2011080,49994.144.52$363,633
Jun 2011090,56492.904.64$420,206
May 20110108,61898.134.40$478,443
Apr 20110137,167105.964.33$594,383
Mar 20110182,32396.364.06$739,746
Feb 2011097,93785.644.18$409,375

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                4,354 Mcf  × $  3.05 =    $13,262

────────────────────────────────────────────────────
Month total                                  $13,262

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/262647 is the state's own key, not one this site invented.