MEADOWS 5

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 262853District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.6 M
Jul 2011 – May 2026
Value, last 12 filed months
$347 k
at the published price for each month
Months reported
179
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 Gas112012-04-23205679
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
CondensateDisposition24,412 bbl$1,823,523
GasProduction2,304,475 Mcf$7,778,806
Total$9,602,328

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 35.6928, -100.2625. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.69276, -100.26249 · 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
11,118 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 11,118 ft.

Completions filed
Jul 2011
1 of 1 wells

1 well

42-2113480629H11,118 ftJul 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 (179)

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

179 months

May 2026715,344106.413.05$23,832
Apr 2026455,29798.932.87$19,653
Mar 20261926,02789.753.15$36,214
Feb 2026235,66663.503.75$22,710
Jan 2026255,93859.138.00$48,970
Dec 202506,73256.664.41$29,711
Nov 20252066,85258.593.93$38,974
Oct 202506,84259.383.30$22,612
Sep 202506,58162.743.08$20,249
Aug 20251796,43463.933.01$30,840
Jul 2025236,19066.743.32$22,056
Jun 20251835,96066.483.13$30,813
May 2025255,78860.553.23$20,222
Apr 202505,84262.363.54$20,699
Mar 20252273,98667.704.27$32,381
Feb 202504,68970.884.34$20,354
Jan 2025275,96674.324.28$27,533
Dec 2024276,99268.993.12$23,687
Nov 20241797,87969.052.20$29,681
Oct 202406,64371.372.28$15,155
Sep 202406,13769.612.36$14,510
Aug 20241786,78075.632.06$27,454
Jul 2024237,18779.932.15$17,266
Jun 202406,38478.082.63$16,815
May 20242176,67578.812.20$31,776
Apr 202406,68584.451.66$11,092
Mar 20242096,81280.301.55$27,308
Feb 2024275,88876.091.78$12,557
Jan 20245072673.023.30$6,045
Dec 20231816,98071.262.61$31,121
Nov 2023237,67877.892.81$23,348
Oct 2023817,46285.443.09$29,958
Sep 20232236,90489.042.74$38,739
Aug 2023417,06380.522.67$22,180
Jul 202306,90774.852.64$18,247
Jun 20232526,53168.962.26$32,128
May 2023366,48370.622.23$16,983
Apr 2023424,82278.122.24$14,072
Mar 20232126,48472.852.39$30,961
Feb 2023485,91475.112.47$18,187
Jan 2023446,42176.533.39$25,120
Dec 20221686,82976.415.73$51,961
Nov 2022416,15785.005.65$38,249
Oct 202206,88187.185.86$40,349
Sep 20222066,46684.888.16$70,272
Aug 202206,63294.529.13$60,531
Jul 202206,453101.587.54$48,669
Jun 20222046,391115.097.98$74,461
May 202206,628109.378.43$55,894
Apr 2022226,760104.226.84$48,515
Mar 20222337,206108.885.08$61,950
Feb 202206,11191.054.86$29,692
Jan 20221837,21981.844.54$47,734
Dec 2021307,47871.323.90$31,297
Nov 2021226,90577.435.24$37,864
Oct 2021227,02779.795.71$41,907
Sep 20211777,01469.865.35$49,897
Aug 2021247,37066.024.22$32,690
Jul 202107,95170.783.98$31,662
Jun 20211997,60269.493.38$39,528
May 2021227,28963.483.02$23,392
Apr 2021227,55060.362.76$22,154
Mar 20212369,92561.302.72$41,432
Feb 2021312,25257.805.55$14,286
Jan 20212088,08450.412.81$33,204
Dec 2020178,46444.642.68$23,404
Nov 2020208,47338.772.71$23,708
Oct 20201797,98136.972.48$26,398
Sep 202008,88537.091.99$17,690
Aug 20201967,75039.982.39$26,321
Jul 202007,24338.371.83$13,219
Jun 202008,48934.901.69$14,349
May 20201849,97916.921.81$21,223
Apr 20201939,04614.751.80$19,169
Mar 2020167,47930.341.86$14,368
Feb 2020456,94049.881.98$15,990
Jan 20201988,73257.252.09$29,627
Dec 20192249,79859.012.30$35,796
Nov 2019189,44555.302.75$26,976
Oct 20192009,77953.472.42$34,345
Sep 2019010,09955.052.66$26,836
Aug 20192227,07453.112.30$28,091
Jul 2019239,63756.272.46$25,002
Jun 201923111,66852.782.49$41,260
May 201908,35058.482.74$22,882
Apr 2019206,89362.632.75$20,213
Mar 20191899,70756.803.06$40,459
Feb 201907,65050.852.79$21,360
Jan 20191867,53346.033.23$32,879
Dec 2018285146.594.19$3,655
Nov 201801,31652.934.24$5,576
Oct 201811,19561.443.40$4,122
Sep 2018058559.543.11$1,818
Aug 2018171359.403.07$2,246
Jul 201852,98565.142.93$9,077
Jun 20181949,68160.183.08$41,463
May 201869,63865.382.90$28,350
Apr 2018109,42963.842.90$27,990
Mar 20181999,50661.222.79$38,674
Feb 2018329,44561.782.77$28,103
Jan 201819910,43962.874.01$54,364
Dec 2017529,46157.272.92$30,619
Nov 20172049,98955.423.12$42,455
Oct 20172210,89949.292.98$33,604
Sep 201721910,48347.523.09$42,771
Aug 201718311,08345.373.00$41,600
Jul 20172111,35843.873.09$35,987
Jun 201720611,35542.493.09$43,809
May 201722811,92445.373.26$49,257
Apr 20174511,97747.933.21$40,622
Mar 201717912,53046.772.98$45,757
Feb 201720411,49650.452.95$44,235
Jan 20172026049.413.42$1,877
Dec 2016012,75548.763.72$47,485
Nov 201619212,44642.492.64$41,070
Oct 201618112,69046.193.09$47,576
Sep 201617912,41341.553.10$45,926
Aug 2016012,74741.442.92$37,277
Jul 201617912,89141.622.92$45,148
Jun 2016012,08545.352.69$32,458
May 201618112,54242.521.99$32,668
Apr 201618012,83836.561.99$32,142
Mar 2016013,71133.011.79$24,598
Feb 20169013,08626.472.06$29,387
Jan 201618014,29927.352.36$38,731
Dec 2015014,47032.362.00$28,960
Nov 2015014,00038.792.17$30,343
Oct 201517814,15043.552.43$42,088
Sep 201517712,94642.992.76$43,320
Aug 2015013,05140.162.87$37,489
Jul 2015014,28548.152.95$42,070
Jun 201518214,96556.152.88$53,361
May 201517516,14355.212.96$57,372
Apr 201518314,92249.822.71$49,505
Mar 201517115,31042.892.93$52,265
Feb 201517213,85944.662.98$48,929
Jan 2015015,46843.433.10$47,961
Dec 201419516,21554.693.59$68,898
Nov 201417115,98770.464.25$80,023
Oct 2014016,16578.303.90$63,059
Sep 201417216,01586.164.05$79,607
Aug 201418616,86089.394.04$84,659
Jul 2014016,86096.564.18$70,468
Jun 201418616,57398.164.74$96,762
May 2014017,77394.734.73$84,005
Apr 201419318,13195.944.81$105,711
Mar 2014018,80595.895.06$95,093
Feb 201416917,39397.406.19$124,158
Jan 201417019,14590.404.86$108,426
Dec 2013019,36991.824.35$84,342
Nov 2013018,60188.853.74$69,536
Oct 201317919,87797.423.78$92,561
Sep 2013018,569104.113.72$69,035
Aug 2013013,671104.253.52$48,158
Jul 201317417,633102.523.72$83,393
Jun 201335623,17294.403.93$124,751
May 201318024,42194.834.15$118,394
Apr 201319624,01493.964.28$121,258
Mar 201336126,35193.623.91$136,905
Feb 201317624,65491.233.42$100,371
Jan 201317827,83191.603.42$111,484
Dec 201255929,34986.773.42$148,883
Nov 201218729,03786.953.62$121,518
Oct 2012030,61789.383.40$104,088
Sep 201236830,09194.672.92$122,656
Aug 201217432,16992.662.91$109,675
Jul 201235133,57685.133.02$131,307
Jun 201236330,71479.822.52$106,344
May 201237232,49591.612.49$114,937
Apr 201238531,791101.652.00$102,616
Mar 201235524,916105.052.22$92,658
Feb 201255834,103101.102.57$144,067
Jan 201258339,08198.092.73$164,037
Dec 201176841,90396.873.24$210,151
Nov 201196746,19595.723.31$245,526
Oct 201135456,68084.983.65$236,882
Sep 201194957,08283.623.99$306,873
Aug 20111,31588,29283.404.15$476,023
Jul 2011027,78494.144.52$125,507

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            71 bbl  × $106.41 =     $7,555
Gas                5,344 Mcf  × $  3.05 =    $16,277

────────────────────────────────────────────────────
Month total                                  $23,832

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/262853 is the state's own key, not one this site invented.