MILLS RANCH & CO.

Operated by SANGUINE GAS EXPLORATION, LLC (P-5 748059) in the MILLS RANCH (GRANITE WASH CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 266694District 10Field 616912352 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.1 M
Dec 2011 – May 2026
Value, last 12 filed months
$352 k
at the published price for each month
Months reported
174
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 274 leases and 400 wells, and the rule below applies to all of them.

Discovered
2010-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-07-09.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET #01-0299858.

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 Gas112015-12-28217082
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
CondensateDisposition134,286 bbl$11,369,405
GasProduction2,955,801 Mcf$9,691,054
Total$21,060,460

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 35.3273, -100.0747. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.32732, -100.07473 · 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
12,040 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 12,040 ft.

Completions filed
Dec 2011
1 of 1 wells

1 well

42-483332988017H12,040 ftDec 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 (174)

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

174 months

May 20261744,372106.413.05$31,832
Apr 20261844,55598.932.87$31,275
Mar 20261814,16489.753.15$29,359
Feb 20261874,93563.503.75$30,382
Jan 20261833,64159.138.00$39,941
Dec 20251864,78256.664.41$31,643
Nov 20251813,30758.593.93$23,590
Oct 20251795,63259.383.30$29,242
Sep 20251904,65262.743.08$26,234
Aug 20251824,61963.933.01$25,560
Jul 20251784,38966.743.32$26,430
Jun 20251804,53366.483.13$26,149
May 20251824,64960.553.23$26,047
Apr 20253456,07662.363.54$43,042
Mar 20251784,17067.704.27$29,849
Feb 20253625,13170.884.34$47,931
Jan 20251826,10974.324.28$39,665
Dec 20241745,35568.993.12$28,719
Nov 202405,47269.052.20$12,030
Oct 20243665,14271.372.28$37,852
Sep 20241805,85869.612.36$26,380
Aug 20241896,05075.632.06$26,779
Jul 20241854,40179.932.15$24,234
Jun 20241927,64178.082.63$35,118
May 20241882,16378.812.20$19,572
Apr 20241876,94184.451.66$27,309
Mar 20241915,77080.301.55$24,253
Feb 20241804,99376.091.78$22,602
Jan 20241882,29673.023.30$21,299
Dec 20231956,03971.262.61$29,662
Nov 20233735,78777.892.81$45,300
Oct 20233597,01685.443.09$52,333
Sep 20231926,99889.042.74$36,235
Aug 20231876,38180.522.67$32,113
Jul 20231956,19474.852.64$30,959
Jun 20231946,98868.962.26$29,161
May 20233868,01970.622.23$45,121
Apr 20231933,69378.122.24$23,341
Mar 202305,32972.852.39$12,753
Feb 20233786,33975.112.47$44,022
Jan 20231906,84376.533.39$37,723
Dec 20221927,23376.415.73$56,109
Nov 20221846,22185.005.65$50,765
Oct 20221774,44087.185.86$41,466
Sep 20221683,23384.888.16$40,653
Aug 20221745,61994.529.13$67,732
Jul 20221765,359101.587.54$58,296
Jun 20221825,922115.097.98$68,187
May 20223476,829109.378.43$95,541
Apr 20221885,256104.226.84$55,532
Mar 20223737,653108.885.08$79,462
Feb 20221875,89491.054.86$45,664
Jan 20221907,20081.844.54$48,221
Dec 20213687,12171.323.90$54,011
Nov 20213697,09677.435.24$65,732
Oct 20211877,02579.795.71$55,061
Sep 20213707,54769.865.35$66,232
Aug 20213757,76466.024.22$57,526
Jul 20211878,28370.783.98$46,219
Jun 20213627,26769.493.38$49,722
May 20213787,94763.483.02$47,977
Apr 20213757,25660.362.76$42,650
Mar 20213689,19161.302.72$47,530
Feb 20213794,53957.805.55$47,088
Jan 20211998,62950.412.81$34,281
Dec 20203859,28044.642.68$42,015
Nov 20205637,56838.772.71$42,311
Oct 20202856,61436.972.48$26,929
Sep 20205728,16437.091.99$37,470
Aug 20207238,29539.982.39$48,690
Jul 20201875,02538.371.83$16,346
Jun 20203777,89434.901.69$26,501
May 20203788,73116.921.81$22,240
Apr 20205738,38514.751.80$23,581
Mar 20203739,85430.341.86$29,608
Feb 20205467,94249.881.98$42,965
Jan 202074510,62757.252.09$64,912
Dec 201937710,99059.012.30$47,572
Nov 201957611,51355.302.75$63,522
Oct 20191927,02453.472.42$27,254
Sep 201957511,71055.052.66$62,771
Aug 201956412,88753.112.30$59,650
Jul 20195659,92956.272.46$56,218
Jun 201918412,53452.782.49$40,936
May 201906458.482.74$175
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019021546.033.23$694
Dec 201801646.594.19$67
Nov 2018046852.934.24$1,983
Oct 2018046161.443.40$1,567
Sep 2018016959.543.11$525
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 201801,11265.382.90$3,226
Apr 2018026163.842.90$757
Mar 201803,32061.222.79$9,252
Feb 2018998661.782.77$6,354
Jan 2018025762.874.01$1,030
Dec 201702,14257.272.92$6,258
Nov 201701,87555.423.12$5,847
Oct 201703,25649.292.98$9,715
Sep 201703,16347.523.09$9,765
Aug 201718986545.373.00$11,174
Jul 201707,28943.873.09$22,503
Jun 20171908,82642.493.09$35,321
May 20173766,38445.373.26$37,893
Apr 201735810,34347.933.21$50,377
Mar 20171839,68546.772.98$37,456
Feb 201738210,32750.452.95$49,763
Jan 201755712,32949.413.42$69,672
Dec 201636813,12348.763.72$66,798
Nov 20161825,51642.492.64$22,319
Oct 201656115,09046.193.09$72,545
Sep 20161886,78741.553.10$28,855
Aug 201619013,39141.442.92$47,033
Jul 201656813,01141.622.92$61,689
Jun 201618712,70845.352.69$42,612
May 201649013,93842.521.99$48,586
Apr 201634613,51436.561.99$39,557
Mar 201637114,36733.011.79$38,021
Feb 201636014,54426.472.06$39,543
Jan 201634816,77527.352.36$49,180
Dec 201536617,15132.362.00$46,170
Nov 201517817,94838.792.17$45,804
Oct 201535019,52343.552.43$62,617
Sep 201535819,81242.992.76$70,040
Aug 201536021,22040.162.87$75,412
Jul 201551821,62548.152.95$88,629
Jun 201553021,89756.152.88$92,885
May 201553923,69255.212.96$99,779
Apr 201554723,52549.822.71$90,924
Mar 201553725,42342.892.93$97,641
Feb 201538223,67244.662.98$87,512
Jan 201557226,57443.433.10$107,238
Dec 201454125,80654.693.59$122,266
Nov 201437624,63870.464.25$131,250
Oct 201453823,59778.303.90$134,176
Sep 201456323,18986.164.05$142,318
Aug 201455226,51489.394.04$156,330
Jul 201473927,65096.564.18$186,924
Jun 201435827,64698.164.74$166,097
May 201453329,51494.734.73$189,991
Apr 201471229,98095.944.81$212,487
Mar 201452832,71895.895.06$216,078
Feb 201472930,76697.406.19$261,508
Jan 201471536,95190.404.86$244,244
Dec 201389840,01791.824.35$256,708
Nov 20131,09540,33788.853.74$248,082
Oct 201356226,34697.423.78$154,321
Sep 20131,09937,347104.113.72$253,263
Aug 201393639,999104.253.52$238,479
Jul 20131,21542,859102.523.72$283,900
Jun 201392742,12894.403.93$253,216
May 20131,85546,63494.834.15$369,398
Apr 20131,32945,76393.964.28$320,857
Mar 20131,46949,52493.623.91$331,309
Feb 20131,89954,64991.233.42$360,140
Jan 20132,77765,02691.603.42$476,756
Dec 20122,03870,09886.773.42$416,584
Nov 20123,16072,72586.953.62$538,387
Oct 20123,40681,53189.383.40$581,608
Sep 20124,05085,90594.672.92$634,119
Aug 20124,37196,48392.662.91$685,605
Jul 20125,49795,48385.133.02$756,395
Jun 20126,15293,40879.822.52$726,351
May 20127,721102,00291.612.49$961,134
Apr 20129,251103,602101.652.00$1,147,237
Mar 20127,39766,117105.052.22$923,972
Feb 201210,952102,641101.102.57$1,371,059
Jan 201211,92565,55598.092.73$1,348,956
Dec 20110096.873.24$0

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           174 bbl  × $106.41 =    $18,515
Gas                4,372 Mcf  × $  3.05 =    $13,316

────────────────────────────────────────────────────
Month total                                  $31,832

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/266694 is the state's own key, not one this site invented.