RISK

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 26735District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$126 k
Jan 1993 – May 2026
Value, last 12 filed months
$57
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
GasProduction33,784 Mcf$126,036
Total$126,036

3,452 Mcf of this lease's gas, across 25 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

42-483801872

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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026289.753.15$6
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025356.664.41$13
Nov 2025358.593.93$12
Oct 2025359.383.30$10
Sep 2025262.743.08$6
Aug 2025063.933.01$0
Jul 2025266.743.32$7
Jun 2025166.483.13$3
May 2025160.553.23$3
Apr 2025862.363.54$28
Mar 2025267.704.27$9
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024168.993.12$3
Nov 20243869.052.20$84
Oct 20242271.372.28$50
Sep 20242669.612.36$61
Aug 20245275.632.06$107
Jul 2024279.932.15$4
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 20232085.443.09$62
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023374.852.64$8
Jun 2023268.962.26$5
May 2023570.622.23$11
Apr 2023978.122.24$20
Mar 20232472.852.39$57
Feb 20233575.112.47$86
Jan 20237076.533.39$237
Dec 20226876.415.73$390
Nov 20222885.005.65$158
Oct 2022887.185.86$47
Sep 2022484.888.16$33
Aug 2022194.529.13$9
Jul 20225101.587.54$38
Jun 202214115.097.98$112
May 202253109.378.43$447
Apr 2022100104.226.84$684
Mar 2022117108.885.08$594
Feb 20229191.054.86$442
Jan 20225181.844.54$231
Dec 20216771.323.90$261
Nov 20213177.435.24$162
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 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019158.482.74$3
Apr 2019162.632.75$3
Mar 2019156.803.06$3
Feb 2019150.852.79$3
Jan 2019146.033.23$3
Dec 2018146.594.19$4
Nov 2018152.934.24$4
Oct 20182761.443.40$92
Sep 20182059.543.11$62
Aug 20183559.403.07$107
Jul 20182765.142.93$79
Jun 2018160.183.08$3
May 201832765.382.90$949
Apr 201812463.842.90$360
Mar 2018161.222.79$3
Feb 2018161.782.77$3
Jan 201823262.874.01$930
Dec 2017157.272.92$3
Nov 2017155.423.12$3
Oct 2017149.292.98$3
Sep 2017147.523.09$3
Aug 2017145.373.00$3
Jul 201726343.873.09$812
Jun 201713742.493.09$423
May 201719645.373.26$640
Apr 20177247.933.21$231
Mar 20172246.772.98$66
Feb 20171950.452.95$56
Jan 2017149.413.42$3
Dec 2016148.763.72$4
Nov 20168142.492.64$214
Oct 20164446.193.09$136
Sep 201611541.553.10$357
Aug 201624441.442.92$714
Jul 201619341.622.92$564
Jun 201624245.352.69$650
May 20163342.521.99$66
Apr 20166336.561.99$125
Mar 20162933.011.79$52
Feb 2016126.472.06$2
Jan 2016127.352.36$2
Dec 20151532.362.00$30
Nov 20154938.792.17$106
Oct 20152543.552.43$61
Sep 201512442.992.76$342
Aug 201515540.162.87$445
Jul 201523048.152.95$677
Jun 201514556.152.88$418
May 20156955.212.96$204
Apr 20154649.822.71$125
Mar 20156842.892.93$200
Feb 20153344.662.98$98
Jan 2015443.433.10$12
Dec 2014154.693.59$4
Nov 2014170.464.25$4
Oct 20145778.303.90$222
Sep 20147486.164.05$299
Aug 201413689.394.04$549
Jul 201415696.564.18$652
Jun 201418698.164.74$881
May 201414194.734.73$666
Apr 2014195.944.81$5
Mar 2014195.895.06$5
Feb 2014197.406.19$6
Jan 2014290.404.86$10
Dec 20131991.824.35$83
Nov 20132288.853.74$82
Oct 20131897.423.78$68
Sep 2013155104.113.72$576
Aug 2013645104.253.52$2,272
Jul 2013191102.523.72$710
Jun 201315394.403.93$602
May 201315394.834.15$635
Apr 20139793.964.28$415
Mar 20132693.623.91$102
Feb 20132191.233.42$72
Jan 20131991.603.42$65
Dec 2012186.773.42$3
Nov 2012186.953.62$4
Oct 20124889.383.40$163
Sep 201210994.672.92$318
Aug 201215692.662.91$454
Jul 201228785.133.02$867
Jun 201211979.822.52$300
May 201211491.612.49$284
Apr 2012284101.652.00$567
Mar 2012315105.052.22$700
Feb 2012131101.102.57$337
Jan 2012198.092.73$3
Dec 2011196.873.24$3
Nov 2011195.723.31$3
Oct 201111484.983.65$416
Sep 201123083.623.99$917
Aug 201136883.404.15$1,527
Jul 201119094.144.52$858
Jun 201125592.904.64$1,183
May 201118098.134.40$793
Apr 2011133105.964.33$576
Mar 201123496.364.06$949
Feb 201116685.644.18$694
Jan 20117786.504.59$353
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 20105972.554.74$279
Jun 201014070.364.91$687
May 20104871.124.24$203
Apr 20103181.694.12$128
Mar 20101478.394.39$61
Feb 2010373.585.44$16
Jan 2010474.365.96$24
Dec 20097271.445.48$395
Nov 2009174.593.75$4
Oct 2009172.544.11$4
Sep 2009165.543.06$3
Aug 2009167.423.22$3
Jul 2009161.133.46$3
Jun 2009166.163.90$4
May 2009154.743.93$4
Apr 2009146.773.59$4
Mar 2009142.144.06$4
Feb 2009132.814.63$5
Jan 2009135.865.37$5
Dec 2008137.105.98$6
Nov 2008155.496.86$7
Oct 2008175.246.92$7
Sep 20081101.767.88$8
Aug 20081114.228.48$8
Jul 20081131.0811.39$11
Jun 200832131.3313.03$417
May 200858123.1711.57$671
Apr 20081110.3110.45$10
Mar 20081101.909.66$10
Feb 2008192.538.77$9
Jan 2008190.388.21$8
Dec 200711988.337.30$869
Nov 2007191.677.29$7
Oct 2007182.856.92$7
Sep 2007175.846.24$6
Aug 2007169.066.39$6
Jul 2007170.906.39$6
Jun 2007162.007.55$8
May 200716158.747.85$1,263
Apr 200716859.617.81$1,311
Mar 200715756.927.30$1,146
Feb 200723355.108.22$1,914
Jan 200723050.306.73$1,547
Dec 200618556.656.92$1,280
Nov 200623054.207.62$1,752
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 200611756.707.08$829
Feb 200619557.597.75$1,511
Jan 200620460.598.93$1,822
Dec 200530254.9413.42$4,051
Nov 200520554.6910.59$2,171
Oct 2005158.3413.80$14
Sep 20058361.4512.08$1,003
Aug 2005161.519.80$10
Jul 2005155.697.84$8
Jun 2005152.337.38$7
May 2005145.226.65$7
Apr 2005149.207.36$7
Mar 200517150.377.15$1,223
Feb 200521345.226.31$1,344
Jan 2005143.166.32$6
Dec 2004139.866.75$7
Nov 2004145.286.33$6
Oct 20042749.706.52$176
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 2004134.475.86$6
Mar 2004134.365.53$6
Feb 200412432.455.51$683
Jan 200417932.036.30$1,128
Dec 200315330.266.30$964
Nov 200311328.804.60$519
Oct 2003128.174.76$5
Sep 200329226.314.75$1,387
Aug 200311129.765.13$569
Jul 200322929.415.17$1,184
Jun 200312628.565.98$754
May 200322326.595.97$1,332
Apr 200321426.675.41$1,157
Mar 200329631.146.10$1,804
Feb 200328833.487.93$2,283
Jan 200322830.315.58$1,273
Dec 200221626.914.85$1,048
Nov 200227124.664.14$1,121
Oct 200223326.464.23$985
Sep 20029627.443.64$349
Aug 200212325.963.16$389
Jul 2002124.583.06$3
Jun 200211823.733.34$394
May 200230624.663.58$1,097
Apr 200231923.653.51$1,120
Mar 200240422.003.10$1,254
Feb 200221518.222.38$511
Jan 200234817.172.38$827
Dec 200142216.932.36$998
Nov 200128318.072.41$681
Oct 2001119.782.53$3
Sep 2001124.262.25$2
Aug 2001124.873.05$3
Jul 200124023.933.20$767
Jun 200126524.563.82$1,013
May 2001125.524.31$4
Apr 200141024.685.34$2,187
Mar 200133224.545.38$1,785
Feb 200126427.755.77$1,523
Jan 200142027.478.40$3,527
Dec 200038526.889.12$3,512
Nov 200031032.215.66$1,754
Oct 200013331.235.15$684
Sep 2000131.875.19$5
Aug 2000129.644.54$5
Jul 2000128.534.09$4
Jun 2000129.304.40$4
May 200014627.263.68$537
Apr 200030124.513.12$938
Mar 200043028.422.86$1,230
Feb 200035027.622.73$954
Jan 200037425.272.48$928
Dec 199943024.282.42$1,042
Nov 1999123.192.43$2
Oct 1999120.982.80$3
Sep 199913421.752.62$351
Aug 1999119.262.88$3
Jul 19994117.892.37$97
Jun 1999115.942.36$2
May 1999115.792.32$2
Apr 1999115.102.21$2
Mar 199926412.471.84$485
Feb 19994109.981.82$745
Jan 199944510.381.90$845
Dec 19984929.201.77$872
Nov 19987210.892.19$157
Oct 19982112.421.97$41
Sep 1998112.592.08$2
Aug 199817411.301.91$332
Jul 199814311.742.24$320
Jun 19983011.242.24$67
May 1998112.622.21$2
Apr 199820413.042.51$511
Mar 1998112.802.31$2
Feb 199832713.952.30$752
Jan 199837814.702.15$815
Dec 199758816.322.41$1,418
Nov 199743818.193.09$1,353
Oct 1997019.253.15$0
Sep 1997117.742.95$3
Aug 19973117.862.55$79
Jul 19971717.582.25$38
Jun 1997117.242.26$2
May 1997118.972.31$2
Apr 199757417.882.08$1,196
Mar 199722518.951.94$436
Feb 199740420.492.21$891
Jan 199736923.483.54$1,306
Dec 199647323.32$0
Nov 199648921.97$0
Oct 1996123.31$0
Sep 1996122.22$0
Aug 1996120.26$0
Jul 1996119.55$0
Jun 1996118.73$0
May 1996119.43$0
Apr 1996121.51$0
Mar 1996119.38$0
Feb 1996116.98$0
Jan 1996117.07$0
Dec 19955417.19$0
Nov 1995116.00$0
Oct 1995015.43$0
Sep 1995016.18$0
Aug 1995015.92$0
Jul 1995015.24$0
Jun 1995016.41$0
May 1995017.56$0
Apr 1995017.73$0
Mar 1995016.44$0
Feb 19952216.58$0
Jan 1995015.92$0
Dec 1994015.03$0
Nov 1994015.90$0
Oct 1994015.58$0
Sep 1994015.29$0
Aug 1994016.13$0
Jul 1994017.56$0
Jun 1994017.09$0
May 1994015.88$0
Apr 1994014.14$0
Mar 1994012.46$0
Feb 19942612.50$0
Jan 1994012.66$0
Dec 1993012.33$0
Nov 19938414.49$0
Oct 19938415.85$0
Sep 1993015.03$0
Aug 1993015.66$0
Jul 19937215.46$0
Jun 19934816.79$0
May 199347417.68$0
Apr 199327618.05$0
Mar 199356018.14$0
Feb 199339417.90$0
Jan 199338516.93$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.

Mar 2026 — as filed, then multipliedworked
Gas                    2 Mcf  × $  3.15 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/26735 is the state's own key, not one this site invented.