YOUNG TRUST

Operated by MMGL TXPH, LLC (P-5 101619) in the ALLISON PARKS (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 265606District 10Field 018104102 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.1 M
Feb 2012 – May 2026
Value, last 12 filed months
$140 k
at the published price for each month
Months reported
172
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 79 leases and 79 wells, and the rule below applies to all of them.

Discovered
1982-03-04
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-06-27.

The Commission's schedule remark for this field reads: REMAIN SUSPENDED.

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 Gas112013-01-15207405
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
CondensateDisposition20,892 bbl$1,720,327
GasProduction3,024,177 Mcf$9,405,393
Total$11,125,720

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 35.6546, -100.1621. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.65458, -100.16206 · 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
11,712 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 11,712 ft.

Completions filed
Feb 2012
1 of 1 wells

1 well

42-21134941504H11,712 ftFeb 2012

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 (172)

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

172 months

May 202602,532106.413.05$7,712
Apr 202622,13398.932.87$6,319
Mar 20261812,08089.753.15$22,796
Feb 202602,27363.503.75$8,524
Jan 202622,69259.138.00$21,649
Dec 202502,46556.664.41$10,879
Nov 202502,51158.593.93$9,859
Oct 202522,30259.383.30$7,727
Sep 20251662,35662.743.08$17,664
Aug 202502,86663.933.01$8,640
Jul 202503,50866.743.32$11,630
Jun 202502,18366.483.13$6,830
May 202522,07860.553.23$6,838
Apr 202501,85862.363.54$6,583
Mar 202502,13967.704.27$9,130
Feb 20251802,07670.884.34$21,770
Jan 202522,69874.324.28$11,693
Dec 202401,66168.993.12$5,185
Nov 202401,26769.052.20$2,785
Oct 202401,57771.372.28$3,598
Sep 202402,26469.612.36$5,353
Aug 20241772,23075.632.06$17,988
Jul 202401,96979.932.15$4,227
Jun 202421,83278.082.63$4,982
May 202402,31378.812.20$5,085
Apr 202402,61084.451.66$4,331
Mar 20241842,42680.301.55$18,524
Feb 202432,07776.091.78$3,933
Jan 2024388573.023.30$3,137
Dec 202302,42671.262.61$6,334
Nov 20231742,98377.892.81$21,928
Oct 202372,89985.443.09$9,548
Sep 202302,86589.042.74$7,836
Aug 202305,48180.522.67$14,650
Jul 202325,77774.852.64$15,411
Jun 202306,04168.962.26$13,643
May 20231816,88270.622.23$28,111
Apr 202316,03178.122.24$13,574
Mar 20231786,98572.852.39$29,684
Feb 202306,36775.112.47$15,699
Jan 202313,99476.533.39$13,607
Dec 202203,65776.415.73$20,951
Nov 202203,86685.005.65$21,828
Oct 202203,50187.185.86$20,529
Sep 202214,26984.888.16$34,936
Aug 20221654,32694.529.13$55,080
Jul 202224,657101.587.54$35,327
Jun 202203,922115.097.98$31,287
May 202224,041109.378.43$34,297
Apr 20221714,258104.226.84$46,936
Mar 202205,336108.885.08$27,088
Feb 202204,00391.054.86$19,450
Jan 202205,69981.844.54$25,860
Dec 202124,93371.323.90$19,377
Nov 20211877,39477.435.24$53,201
Oct 202106,56879.795.71$37,529
Sep 202115,92669.865.35$31,779
Aug 202104,01766.024.22$16,954
Jul 202102,33470.783.98$9,294
Jun 20211792,70769.493.38$21,590
May 202125,48763.483.02$16,685
Apr 202147,77160.362.76$21,677
Mar 202134,66961.302.72$12,869
Feb 20211835,72857.805.55$42,356
Jan 202126,54650.412.81$18,497
Dec 202026,59144.642.68$17,723
Nov 20201826,39338.772.71$24,359
Oct 202023,90736.972.48$9,757
Sep 202023,93437.091.99$7,907
Aug 20201803,62439.982.39$15,840
Jul 202006,00538.371.83$10,960
Jun 202025,96334.901.69$10,149
May 202037,49316.921.81$13,649
Apr 20201806,63914.751.80$14,634
Mar 202017,68530.341.86$14,295
Feb 2020011,83549.881.98$23,441
Jan 20201758,32757.252.09$27,462
Dec 201937,94959.012.30$18,494
Nov 201927,84955.302.75$21,701
Oct 20191688,01353.472.42$28,363
Sep 201907,83555.052.66$20,820
Aug 20191768,22053.112.30$28,289
Jul 201948,17756.272.46$20,341
Jun 201938,58752.782.49$21,550
May 20191809,18258.482.74$35,688
Apr 201909,67762.632.75$26,619
Mar 201918411,05656.803.06$44,306
Feb 2019310,11350.852.79$28,390
Jan 201918210,93746.033.23$43,684
Dec 201809,53646.594.19$39,912
Nov 20181749,68352.934.24$50,239
Oct 2018010,25461.443.40$34,844
Sep 20181799,64559.543.11$40,634
Aug 201839,26759.403.07$28,596
Jul 201859,48665.142.93$28,138
Jun 20181799,89160.183.08$41,206
May 201817011,72465.382.90$45,124
Apr 2018011,46563.842.90$33,258
Mar 2018013,08461.222.79$36,463
Feb 201818412,35461.782.77$45,540
Jan 2018012,55362.874.01$50,329
Dec 201717811,58157.272.92$44,028
Nov 201717815,30555.423.12$57,591
Oct 2017014,15249.292.98$42,225
Sep 201718214,98647.523.09$54,915
Aug 2017016,17145.373.00$48,584
Jul 201719215,77943.873.09$57,137
Jun 2017016,00642.493.09$49,415
May 201717615,77345.373.26$59,459
Apr 201717914,86347.933.21$56,313
Mar 2017016,74646.772.98$49,965
Feb 201718214,06150.452.95$50,698
Jan 201718213,32249.413.42$54,538
Dec 2016015,40848.763.72$57,361
Nov 2016014,44442.492.64$38,195
Oct 201618815,09646.193.09$55,334
Sep 2016014,94841.553.10$46,348
Aug 201617014,85641.442.92$50,489
Jul 2016015,93041.622.92$46,585
Jun 201618214,92245.352.69$48,332
May 2016017,21042.521.99$34,266
Apr 201618115,97036.561.99$38,414
Mar 2016010,29333.011.79$18,466
Feb 201609,66726.472.06$19,949
Jan 2016011,45827.352.36$27,091
Dec 2015012,69132.362.00$25,400
Nov 2015012,74238.792.17$27,616
Oct 2015013,49743.552.43$32,752
Sep 2015014,03342.992.76$38,709
Aug 2015014,08940.162.87$40,471
Jul 2015014,22448.152.95$41,891
Jun 201517713,15656.152.88$47,865
May 2015015,21355.212.96$44,961
Apr 2015015,89349.822.71$43,016
Mar 2015018,48042.892.93$54,233
Feb 2015016,08144.662.98$47,860
Jan 2015016,25343.433.10$50,395
Dec 201418015,34554.693.59$64,954
Nov 2014015,88970.464.25$67,557
Oct 2014016,71678.303.90$65,208
Sep 201417814,40986.164.05$73,627
Aug 2014017,58789.394.04$70,966
Jul 2014019,25696.564.18$80,482
Jun 201417519,94398.164.74$111,646
May 2014022,37794.734.73$105,766
Apr 2014019,19595.944.81$92,311
Mar 201417123,60795.895.06$135,773
Feb 2014025,00997.406.19$154,856
Jan 201418026,59790.404.86$145,553
Dec 201317726,55491.824.35$131,881
Nov 2013026,94088.853.74$100,709
Oct 201317829,49297.423.78$128,802
Sep 201318029,935104.113.72$130,030
Aug 2013033,316104.253.52$117,359
Jul 2013033,747102.523.72$125,463
Jun 201318334,38294.403.93$152,514
May 201318239,49394.834.15$181,119
Apr 201336041,13093.964.28$209,969
Mar 201317946,00793.623.91$196,777
Feb 201332244,67091.233.42$182,143
Jan 201336652,21591.603.42$212,096
Dec 201234456,48286.773.42$223,026
Nov 201216557,53586.953.62$222,909
Oct 201251566,62689.383.40$272,538
Sep 201254567,08994.672.92$247,388
Aug 201256569,90092.662.91$255,633
Jul 201294679,98985.133.02$322,164
Jun 201275389,41479.822.52$285,342
May 20121,155109,03591.612.49$377,124
Apr 20121,349165,080101.652.00$466,758
Mar 20121,954246,575105.052.22$753,177
Feb 20122,361264,202101.102.57$917,760

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                2,532 Mcf  × $  3.05 =     $7,712

────────────────────────────────────────────────────
Month total                                   $7,712

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/265606 is the state's own key, not one this site invented.