GORDON

Operated by PNG PRODUCTION, LLC (P-5 102497) in the PANHANDLE, EAST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 26725District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$234 k
Jan 1993 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
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 2,114 leases and 2,114 wells, and the rule below applies to all of them.

Discovered
1935-12-10
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: 67% ACRES X SIWP + (PLUS) 33% DELIVERABILITY

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
NGPA2none

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
GasProduction68,054 Mcf$233,981
Total$233,981

14,650 Mcf of this lease's gas, across 38 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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.

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
no depth filed
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.

1 well

42-483801771

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 (401)

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

401 months

May 202670106.413.05$213
Apr 20268498.932.87$241
Mar 2026089.753.15$0
Feb 202610363.503.75$386
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 202511958.593.93$467
Oct 202526859.383.30$886
Sep 202521962.743.08$674
Aug 202517963.933.01$540
Jul 202514266.743.32$471
Jun 202524866.483.13$776
May 202527960.553.23$902
Apr 202527662.363.54$978
Mar 202520467.704.27$871
Feb 20252470.884.34$104
Jan 2025274.324.28$9
Dec 2024168.993.12$3
Nov 20246469.052.20$141
Oct 20242871.372.28$64
Sep 20242469.612.36$57
Aug 20241975.632.06$39
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023177.892.81$3
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023272.852.39$5
Feb 20235675.112.47$138
Jan 202311676.533.39$393
Dec 2022076.415.73$0
Nov 20221485.005.65$79
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 2022102104.226.84$697
Mar 2022113108.885.08$574
Feb 202211691.054.86$564
Jan 20223281.844.54$145
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021557.805.55$28
Jan 20213050.412.81$84
Dec 202010344.642.68$276
Nov 202010138.772.71$273
Oct 20208436.972.48$208
Sep 2020337.091.99$6
Aug 2020039.982.39$0
Jul 20206438.371.83$117
Jun 20208034.901.69$135
May 20204216.921.81$76
Apr 202011814.751.80$213
Mar 20204430.341.86$82
Feb 202024849.881.98$491
Jan 202022257.252.09$465
Dec 201917359.012.30$399
Nov 201915055.302.75$413
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 20192252.782.49$55
May 20194658.482.74$126
Apr 20197362.632.75$201
Mar 20198056.803.06$245
Feb 20196550.852.79$181
Jan 20198346.033.23$268
Dec 20188246.594.19$343
Nov 20189552.934.24$403
Oct 20181661.443.40$54
Sep 2018159.543.11$3
Aug 2018159.403.07$3
Jul 2018165.142.93$3
Jun 2018160.183.08$3
May 201821765.382.90$629
Apr 201815463.842.90$447
Mar 201821761.222.79$605
Feb 201813561.782.77$373
Jan 201833962.874.01$1,359
Dec 201710757.272.92$313
Nov 20172655.423.12$81
Oct 2017149.292.98$3
Sep 2017147.523.09$3
Aug 2017145.373.00$3
Jul 2017143.873.09$3
Jun 2017142.493.09$3
May 2017145.373.26$3
Apr 201722847.933.21$732
Mar 201728846.772.98$859
Feb 20177050.452.95$207
Jan 20173249.413.42$109
Dec 20162248.763.72$82
Nov 20165942.492.64$156
Oct 20161746.193.09$53
Sep 2016141.553.10$3
Aug 201610441.442.92$304
Jul 20169841.622.92$287
Jun 201614245.352.69$381
May 20168742.521.99$173
Apr 20168436.561.99$167
Mar 201615333.011.79$274
Feb 201614626.472.06$301
Jan 201619927.352.36$471
Dec 201515132.362.00$302
Nov 201510438.792.17$225
Oct 2015143.552.43$2
Sep 20152042.992.76$55
Aug 20158540.162.87$244
Jul 201517548.152.95$515
Jun 201510556.152.88$303
May 201513555.212.96$399
Apr 20154649.822.71$125
Mar 201517442.892.93$511
Feb 201516744.662.98$497
Jan 201512343.433.10$381
Dec 20145854.693.59$208
Nov 20141170.464.25$47
Oct 2014178.303.90$4
Sep 2014186.164.05$4
Aug 2014189.394.04$4
Jul 2014196.564.18$4
Jun 2014198.164.74$5
May 20141994.734.73$90
Apr 20142295.944.81$106
Mar 20142995.895.06$147
Feb 20141197.406.19$68
Jan 2014790.404.86$34
Dec 20139191.824.35$396
Nov 201326488.853.74$987
Oct 20137197.423.78$268
Sep 20131104.113.72$4
Aug 20131104.253.52$4
Jul 20131102.523.72$4
Jun 2013194.403.93$4
May 2013194.834.15$4
Apr 20132193.964.28$90
Mar 2013193.623.91$4
Feb 20135991.233.42$202
Jan 201313291.603.42$451
Dec 201228786.773.42$982
Nov 201218086.953.62$652
Oct 20124889.383.40$163
Sep 2012194.672.92$3
Aug 2012192.662.91$3
Jul 2012185.133.02$3
Jun 2012179.822.52$3
May 2012491.612.49$10
Apr 20123101.652.00$6
Mar 2012161105.052.22$358
Feb 2012287101.102.57$738
Jan 201232898.092.73$897
Dec 201122296.873.24$719
Nov 201137595.723.31$1,242
Oct 20113084.983.65$109
Sep 2011183.623.99$4
Aug 201120783.404.15$859
Jul 201117694.144.52$795
Jun 201114992.904.64$691
May 2011198.134.40$4
Apr 201125105.964.33$108
Mar 201116996.364.06$686
Feb 201126485.644.18$1,104
Jan 201156186.504.59$2,574
Dec 2010185.734.35$4
Nov 2010180.843.80$4
Oct 2010178.103.51$4
Sep 2010172.633.98$4
Aug 2010173.684.42$4
Jul 2010172.554.74$5
Jun 201013670.364.91$668
May 201013571.124.24$572
Apr 201010981.694.12$449
Mar 201025278.394.39$1,106
Feb 201020973.585.44$1,137
Jan 201030674.365.96$1,825
Dec 200931071.445.48$1,700
Nov 200919674.593.75$735
Oct 20099972.544.11$407
Sep 2009165.543.06$3
Aug 2009167.423.22$3
Jul 2009161.133.46$3
Jun 200920266.163.90$787
May 20097954.743.93$310
Apr 200918346.773.59$657
Mar 200931942.144.06$1,295
Feb 200934632.814.63$1,603
Jan 200936735.865.37$1,971
Dec 200842337.105.98$2,528
Nov 200833355.496.86$2,285
Oct 20088075.246.92$554
Sep 20086101.767.88$47
Aug 2008119114.228.48$1,009
Jul 2008186131.0811.39$2,118
Jun 2008158131.3313.03$2,059
May 2008136123.1711.57$1,574
Apr 200898110.3110.45$1,025
Mar 2008271101.909.66$2,619
Feb 200834792.538.77$3,043
Jan 200841690.388.21$3,414
Dec 200745188.337.30$3,293
Nov 200720791.677.29$1,509
Oct 2007182.856.92$7
Sep 2007175.846.24$6
Aug 2007169.066.39$6
Jul 2007170.906.39$6
Jun 200715262.007.55$1,147
May 2007158.747.85$8
Apr 200719959.617.81$1,553
Mar 200711356.927.30$825
Feb 200736555.108.22$2,999
Jan 200750550.306.73$3,397
Dec 200642856.656.92$2,961
Nov 200622454.207.62$1,706
Oct 2006154.906.01$6
Sep 2006160.085.04$5
Aug 2006168.717.34$7
Jul 2006169.376.34$6
Jun 2006166.286.38$6
May 2006166.016.42$6
Apr 2006164.397.36$7
Mar 200617856.707.08$1,261
Feb 200638557.597.75$2,984
Jan 200635760.598.93$3,189
Dec 200546254.9413.42$6,198
Nov 200545754.6910.59$4,839
Oct 20051658.3413.80$221
Sep 2005161.4512.08$12
Aug 2005161.519.80$10
Jul 2005155.697.84$8
Jun 2005152.337.38$7
May 2005145.226.65$7
Apr 200511449.207.36$839
Mar 200532350.377.15$2,311
Feb 200544145.226.31$2,784
Jan 200561043.166.32$3,857
Dec 200454339.866.75$3,666
Nov 200457745.286.33$3,653
Oct 200414549.706.52$945
Sep 2004143.245.28$5
Aug 2004142.375.55$6
Jul 2004138.286.08$6
Jun 2004136.106.43$6
May 2004137.486.49$6
Apr 20041134.475.86$64
Mar 20045434.365.53$299
Feb 200450532.455.51$2,782
Jan 200468232.036.30$4,296
Dec 200353830.266.30$3,390
Nov 200360128.804.60$2,762
Oct 200311728.174.76$557
Sep 2003126.314.75$5
Aug 2003129.765.13$5
Jul 2003129.415.17$5
Jun 2003128.565.98$6
May 2003126.595.97$6
Apr 20031726.675.41$92
Mar 20031731.146.10$104
Feb 200356033.487.93$4,438
Jan 200357630.315.58$3,215
Dec 200274326.914.85$3,606
Nov 200263724.664.14$2,635
Oct 200231326.464.23$1,324
Sep 2002127.443.64$4
Aug 2002125.963.16$3
Jul 2002124.583.06$3
Jun 2002123.733.34$3
May 20023124.663.58$111
Apr 200220123.653.51$706
Mar 200261422.003.10$1,905
Feb 200251818.222.38$1,231
Jan 200260117.172.38$1,428
Dec 200176916.932.36$1,818
Nov 200159718.072.41$1,436
Oct 2001119.782.53$3
Sep 2001124.262.25$2
Aug 2001124.873.05$3
Jul 2001123.933.20$3
Jun 2001124.563.82$4
May 2001125.524.31$4
Apr 2001624.685.34$32
Mar 200154624.545.38$2,936
Feb 200155727.755.77$3,212
Jan 200171927.478.40$6,039
Dec 200055326.889.12$5,045
Nov 200092332.215.66$5,222
Oct 20006231.235.15$319
Sep 200010531.875.19$545
Aug 2000129.644.54$5
Jul 2000128.534.09$4
Jun 2000129.304.40$4
May 200011127.263.68$408
Apr 200062924.513.12$1,960
Mar 200080028.422.86$2,288
Feb 200065327.622.73$1,780
Jan 200065225.272.48$1,617
Dec 199964224.282.42$1,556
Nov 199961723.192.43$1,502
Oct 19995620.982.80$157
Sep 1999121.752.62$3
Aug 1999119.262.88$3
Jul 1999117.892.37$2
Jun 1999115.942.36$2
May 19999015.792.32$209
Apr 199934215.102.21$755
Mar 199976912.471.84$1,414
Feb 19995929.981.82$1,076
Jan 199958910.381.90$1,119
Dec 19988309.201.77$1,472
Nov 199828310.892.19$619
Oct 19986812.421.97$134
Sep 1998112.592.08$2
Aug 1998111.301.91$2
Jul 1998111.742.24$2
Jun 1998111.242.24$2
May 1998112.622.21$2
Apr 199868913.042.51$1,726
Mar 199865212.802.31$1,506
Feb 199867913.952.30$1,561
Jan 199868214.702.15$1,470
Dec 199792216.322.41$2,223
Nov 199768518.193.09$2,115
Oct 19978019.253.15$252
Sep 1997117.742.95$3
Aug 1997117.862.55$3
Jul 1997117.582.25$2
Jun 1997117.242.26$2
May 1997118.972.31$2
Apr 199762917.882.08$1,310
Mar 199763918.951.94$1,239
Feb 199762520.492.21$1,379
Jan 199764723.483.54$2,290
Dec 199681823.32$0
Nov 199674121.97$0
Oct 199649223.31$0
Sep 1996122.22$0
Aug 1996120.26$0
Jul 1996119.55$0
Jun 1996118.73$0
May 1996119.43$0
Apr 199631721.51$0
Mar 199667519.38$0
Feb 199688516.98$0
Jan 199674217.07$0
Dec 199597117.19$0
Nov 19951,26116.00$0
Oct 1995015.43$0
Sep 1995016.18$0
Aug 1995015.92$0
Jul 1995015.24$0
Jun 1995016.41$0
May 199521617.56$0
Apr 199572117.73$0
Mar 199512516.44$0
Feb 199594416.58$0
Jan 199589315.92$0
Dec 199489615.03$0
Nov 1994615.90$0
Oct 1994615.58$0
Sep 199410915.29$0
Aug 1994216.13$0
Jul 1994617.56$0
Jun 19942417.09$0
May 1994515.88$0
Apr 1994914.14$0
Mar 199445712.46$0
Feb 199457612.50$0
Jan 199456612.66$0
Dec 199356612.33$0
Nov 19931514.49$0
Oct 1993015.85$0
Sep 19933315.03$0
Aug 1993015.66$0
Jul 1993015.46$0
Jun 1993016.79$0
May 1993017.68$0
Apr 19931118.05$0
Mar 199335718.14$0
Feb 199367217.90$0
Jan 199352816.93$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
Gas                   70 Mcf  × $  3.05 =       $213

────────────────────────────────────────────────────
Month total                                     $213

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/26725 is the state's own key, not one this site invented.