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 266498District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.5 M
Aug 2011 – May 2026
Value, last 12 filed months
$299 k
at the published price for each month
Months reported
178
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 Gas112013-05-31209846
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
CondensateDisposition124,134 bbl$9,865,119
GasProduction1,067,272 Mcf$3,616,262
Total$13,481,381

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 35.5314, -100.2172. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.53137, -100.21720 · 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
11,619 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 11,619 ft.

Completions filed
Aug 2011
1 of 1 wells

1 well

42-483331924H11,619 ftAug 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 (178)

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

178 months

May 20261753,840106.413.05$30,318
Apr 202601,51498.932.87$4,345
Mar 20261802,90789.753.15$25,310
Feb 20263832,98763.503.75$35,523
Jan 20261784,23459.138.00$44,388
Dec 20251812,57756.664.41$21,629
Nov 20253623,63958.593.93$35,498
Oct 20253623,67559.383.30$33,641
Sep 20251833,61862.743.08$22,614
Aug 20251812,88363.933.01$20,263
Jul 20251682,71766.743.32$20,220
Jun 202501,62766.483.13$5,090
May 20253282,44960.553.23$27,776
Apr 20251764,14862.363.54$25,672
Mar 20251774,20667.704.27$29,935
Feb 20251813,72270.884.34$28,986
Jan 20251873,74774.324.28$29,930
Dec 202404,08868.993.12$12,760
Nov 20243493,75569.052.20$32,354
Oct 20241823,89071.372.28$21,864
Sep 202413,33269.612.36$7,948
Aug 20243403,87875.632.06$33,717
Jul 20241723,76379.932.15$21,826
Jun 20241853,47078.082.63$23,585
May 20243443,66778.812.20$35,172
Apr 20241783,81084.451.66$21,354
Mar 20243503,54980.301.55$33,589
Feb 20241734,13276.091.78$20,534
Jan 20241772,57373.023.30$21,409
Dec 20231794,01371.262.61$23,232
Nov 20231833,75977.892.81$24,807
Oct 20233503,71585.443.09$41,373
Sep 20231703,45789.042.74$24,592
Aug 20231823,85280.522.67$24,951
Jul 20231772,69774.852.64$20,373
Jun 20231702,26968.962.26$16,848
May 20231732,70070.622.23$18,231
Apr 20233682,53778.122.24$34,425
Mar 20233463,51772.852.39$33,623
Feb 20231713,82275.112.47$22,268
Jan 20233464,17376.533.39$40,616
Dec 20221753,59376.415.73$33,956
Nov 20221643,18685.005.65$31,929
Oct 20223383,39087.185.86$49,345
Sep 20221653,32484.888.16$41,141
Aug 20221853,39794.529.13$48,491
Jul 20223333,505101.587.54$60,261
Jun 20221603,802115.097.98$48,744
May 20221723,723109.378.43$50,208
Apr 20223403,617104.226.84$60,166
Mar 20221844,166108.885.08$41,182
Feb 20221801,33991.054.86$22,895
Jan 20223453,57181.844.54$44,439
Dec 20213414,69371.323.90$42,619
Nov 20211894,81477.435.24$39,844
Oct 20213584,64179.795.71$55,083
Sep 20211784,07369.865.35$34,229
Aug 20211703,16466.024.22$24,577
Jul 20211803,79770.783.98$27,860
Jun 20213633,73869.493.38$37,862
May 20213624,58963.483.02$36,828
Apr 20213524,18060.362.76$32,777
Mar 20213504,94161.302.72$34,879
Feb 20211891,79957.805.55$20,905
Jan 20213554,47650.412.81$30,474
Dec 20203544,03044.642.68$26,585
Nov 20201773,86938.772.71$17,334
Oct 20203473,54236.972.48$21,607
Sep 20203534,13837.091.99$21,332
Aug 20205164,94039.982.39$32,412
Jul 20203465,11638.371.83$22,613
Jun 20203534,28634.901.69$19,564
May 20201814,55616.921.81$11,331
Apr 202012,25414.751.80$4,082
Mar 20203544,41330.341.86$18,932
Feb 20203614,28049.881.98$26,484
Jan 20203484,82957.252.09$30,039
Dec 20191763,78759.012.30$19,112
Nov 20193584,54755.302.75$32,305
Oct 20193495,21453.472.42$31,271
Sep 20191644,10555.052.66$19,936
Aug 20193494,62753.112.30$29,198
Jul 20193594,17656.272.46$30,474
Jun 20193444,82852.782.49$30,184
May 20191675,07058.482.74$23,660
Apr 20193444,34562.632.75$33,497
Mar 20195005,37856.803.06$44,868
Feb 20191874,94450.852.79$23,314
Jan 20195764,80546.033.23$42,025
Dec 20181835,10746.594.19$29,901
Nov 20183664,87352.934.24$40,020
Oct 20181855,17361.443.40$28,945
Sep 20183735,42959.543.11$39,082
Aug 20183725,41059.403.07$38,687
Jul 20183735,17865.142.93$39,478
Jun 20183625,20660.183.08$37,804
May 20181824,85265.382.90$25,974
Apr 20183695,23563.842.90$38,743
Mar 20183725,80461.222.79$38,949
Feb 20185735,32861.782.77$50,138
Jan 20183836,00362.874.01$48,147
Dec 20173844,00557.272.92$33,692
Nov 20171824,93255.423.12$25,466
Oct 20171651,11149.292.98$11,448
Sep 20173785,15747.523.09$33,884
Aug 20173655,62345.373.00$33,454
Jul 20171775,05443.873.09$23,368
Jun 20175335,07442.493.09$38,312
May 20171875,13745.373.26$25,248
Apr 20175665,00647.933.21$43,206
Mar 20175385,55446.772.98$41,734
Feb 2017163,07050.452.95$9,872
Jan 20171762,60649.413.42$17,606
Dec 20162145,26848.763.72$30,047
Nov 201601,71642.492.64$4,538
Oct 20165384,94446.193.09$40,128
Sep 20163685,99041.553.10$33,863
Aug 20165616,12241.442.92$41,151
Jul 20163675,94741.622.92$32,666
Jun 20165466,24545.352.69$41,534
May 20163725,99542.521.99$27,754
Apr 20163806,27836.561.99$26,393
Mar 20168397,41633.011.79$41,000
Feb 20165598,03626.472.06$31,380
Jan 20167678,51227.352.36$41,103
Dec 201503,12332.362.00$6,250
Nov 20151863,77538.792.17$15,397
Oct 20155706,95643.552.43$41,703
Sep 20153707,12042.992.76$35,546
Aug 20157208,15840.162.87$52,349
Jul 20155475,68748.152.95$43,087
Jun 20155558,59256.152.88$55,933
May 20155415,97155.212.96$47,516
Apr 20155613,01049.822.71$36,096
Mar 20157362,99542.892.93$40,357
Feb 20155642,57044.662.98$32,837
Jan 20155653,13543.433.10$34,258
Dec 20145503,23254.693.59$41,687
Nov 20147723,19270.464.25$67,967
Oct 20143793,87078.303.90$44,772
Sep 20147054,38486.164.05$78,478
Aug 20141761,35489.394.04$21,196
Jul 20147913,92696.564.18$92,788
Jun 20147225,06698.164.74$94,869
May 20145922,19394.734.73$66,446
Apr 20147493,32795.944.81$87,859
Mar 20141,1363,85795.895.06$128,435
Feb 201459563097.406.19$61,854
Jan 20141,13668490.404.86$106,019
Dec 20135712,11791.824.35$61,648
Nov 20131,3083,70588.853.74$130,066
Oct 20139573,65297.423.78$107,033
Sep 20139024,333104.113.72$110,016
Aug 20139356,334104.253.52$119,786
Jul 20139535,636102.523.72$118,655
Jun 20131,3116,56894.403.93$149,593
May 20131,1265,82594.834.15$130,947
Apr 20131,34522,25093.964.28$221,664
Mar 20131,7666,65593.623.91$191,373
Feb 20131,1316,79691.233.42$126,423
Jan 20139419,91091.603.42$120,087
Dec 20121,1305,50386.773.42$116,871
Nov 20121,5216,05486.953.62$154,196
Oct 20121,5356,77089.383.40$160,214
Sep 20121,4987,25794.672.92$162,994
Aug 20122,0636,07092.662.91$208,810
Jul 20121,8807,01285.133.02$181,226
Jun 20121,6868,94979.822.52$157,119
May 20122,0629,22291.612.49$211,847
Apr 20122,59313,924101.652.00$291,382
Mar 20123,07822,985105.052.22$374,418
Feb 20121,5236,059101.102.57$169,548
Jan 20123,65620,86898.092.73$415,672
Dec 20114,54624,07196.873.24$518,355
Nov 20115,47212,50795.723.31$565,194
Oct 20115,41640,45184.983.65$607,839
Sep 20118,01657,64283.623.99$900,047
Aug 201113,364108,43983.404.15$1,564,506

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           175 bbl  × $106.41 =    $18,622
Gas                3,840 Mcf  × $  3.05 =    $11,696

────────────────────────────────────────────────────
Month total                                  $30,318

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/266498 is the state's own key, not one this site invented.