STEPHENS, FRANK

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 26739District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$104 k
Jan 1993 – May 2026
Value, last 12 filed months
$4 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
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
GasProduction39,131 Mcf$103,651
Total$103,651

11,637 Mcf of this lease's gas, across 47 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.

These wells centre on 35.2193, -100.1790. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.21931, -100.17898 · 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
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

42-483014071

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 202647106.413.05$143
Apr 20264898.932.87$138
Mar 20266789.753.15$211
Feb 20265663.503.75$210
Jan 202631959.138.00$2,551
Dec 20252956.664.41$128
Nov 202516758.593.93$656
Oct 20252959.383.30$96
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 20251366.743.32$43
Jun 20259966.483.13$310
May 202512760.553.23$411
Apr 202514062.363.54$496
Mar 20259767.704.27$414
Feb 20251570.884.34$65
Jan 2025474.324.28$17
Dec 2024268.993.12$6
Nov 20245469.052.20$119
Oct 20243271.372.28$73
Sep 20242569.612.36$59
Aug 20244375.632.06$89
Jul 2024579.932.15$11
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 2023077.892.81$0
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 2023270.622.23$4
Apr 20231378.122.24$29
Mar 20233372.852.39$79
Feb 20232975.112.47$72
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
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 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
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 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 2020139.982.39$2
Jul 202010038.371.83$183
Jun 2020034.901.69$0
May 20201416.921.81$25
Apr 20209014.751.80$162
Mar 20203330.341.86$61
Feb 202013849.881.98$273
Jan 202014457.252.09$302
Dec 201916159.012.30$371
Nov 201910855.302.75$297
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 2018161.443.40$3
Sep 2018159.543.11$3
Aug 2018159.403.07$3
Jul 2018165.142.93$3
Jun 2018160.183.08$3
May 201814165.382.90$409
Apr 201810063.842.90$290
Mar 201812261.222.79$340
Feb 20187661.782.77$210
Jan 201814662.874.01$585
Dec 201711257.272.92$327
Nov 201710555.423.12$327
Oct 201711349.292.98$337
Sep 20174047.523.09$123
Aug 2017145.373.00$3
Jul 201714943.873.09$460
Jun 201711042.493.09$340
May 201714445.373.26$470
Apr 201716947.933.21$543
Mar 201716846.772.98$501
Feb 201714050.452.95$413
Jan 201712849.413.42$438
Dec 201611948.763.72$443
Nov 201615642.492.64$413
Oct 201611846.193.09$365
Sep 201610441.553.10$322
Aug 201613241.442.92$386
Jul 201612541.622.92$366
Jun 201612545.352.69$336
May 201613442.521.99$267
Apr 201611836.561.99$235
Mar 201614133.011.79$253
Feb 201614126.472.06$291
Jan 201616327.352.36$385
Dec 201516732.362.00$334
Nov 201515438.792.17$334
Oct 201512043.552.43$291
Sep 201511942.992.76$328
Aug 201513640.162.87$391
Jul 201514348.152.95$421
Jun 201513956.152.88$401
May 201514855.212.96$437
Apr 201513349.822.71$360
Mar 201514142.892.93$414
Feb 201513544.662.98$402
Jan 201514443.433.10$446
Dec 201410154.693.59$363
Nov 201417670.464.25$748
Oct 201416378.303.90$636
Sep 201414886.164.05$599
Aug 201411089.394.04$444
Jul 201410796.564.18$447
Jun 201415598.164.74$734
May 201415494.734.73$728
Apr 201417695.944.81$846
Mar 201420895.895.06$1,052
Feb 201411297.406.19$694
Jan 201419790.404.86$958
Dec 201322591.824.35$980
Nov 201329088.853.74$1,084
Oct 20139797.423.78$367
Sep 201310104.113.72$37
Aug 20131104.253.52$4
Jul 201331102.523.72$115
Jun 201317594.403.93$688
May 201317594.834.15$726
Apr 201322093.964.28$942
Mar 201319693.623.91$767
Feb 201321991.233.42$749
Jan 20131291.603.42$41
Dec 2012186.773.42$3
Nov 2012186.953.62$4
Oct 2012189.383.40$3
Sep 2012194.672.92$3
Aug 2012192.662.91$3
Jul 2012185.133.02$3
Jun 2012179.822.52$3
May 2012191.612.49$2
Apr 20121101.652.00$2
Mar 20121105.052.22$2
Feb 20121101.102.57$3
Jan 2012198.092.73$3
Dec 20116396.873.24$204
Nov 20114695.723.31$152
Oct 2011184.983.65$4
Sep 2011183.623.99$4
Aug 2011183.404.15$4
Jul 2011194.144.52$5
Jun 2011192.904.64$5
May 2011198.134.40$4
Apr 20111105.964.33$4
Mar 2011196.364.06$4
Feb 2011185.644.18$4
Jan 2011186.504.59$5
Dec 20103085.734.35$130
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 2010170.364.91$5
May 20102871.124.24$119
Apr 2010181.694.12$4
Mar 20105178.394.39$224
Feb 2010173.585.44$5
Jan 2010174.365.96$6
Dec 20093271.445.48$175
Nov 20098774.593.75$326
Oct 20096172.544.11$251
Sep 2009165.543.06$3
Aug 2009167.423.22$3
Jul 2009161.133.46$3
Jun 20099166.163.90$354
May 20098954.743.93$349
Apr 200916046.773.59$574
Mar 200921342.144.06$865
Feb 200917632.814.63$815
Jan 200919035.865.37$1,020
Dec 200821037.105.98$1,255
Nov 200819655.496.86$1,345
Oct 20088275.246.92$568
Sep 20081101.767.88$8
Aug 20081114.228.48$8
Jul 20081131.0811.39$11
Jun 20081131.3313.03$13
May 20081123.1711.57$12
Apr 20081110.3110.45$10
Mar 20081101.909.66$10
Feb 2008192.538.77$9
Jan 2008190.388.21$8
Dec 2007188.337.30$7
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 20075758.747.85$447
Apr 2007159.617.81$8
Mar 2007156.927.30$7
Feb 2007155.108.22$8
Jan 20072650.306.73$175
Dec 200615056.656.92$1,038
Nov 200613154.207.62$998
Oct 20068054.906.01$481
Sep 2006660.085.04$30
Aug 2006168.717.34$7
Jul 2006169.376.34$6
Jun 20062266.286.38$140
May 2006166.016.42$6
Apr 2006164.397.36$7
Mar 20063256.707.08$227
Feb 20063857.597.75$295
Jan 20067460.598.93$661
Dec 20058754.9413.42$1,167
Nov 20053154.6910.59$328
Oct 20056358.3413.80$869
Sep 2005161.4512.08$12
Aug 2005161.519.80$10
Jul 2005155.697.84$8
Jun 20055052.337.38$369
May 20051445.226.65$93
Apr 2005649.207.36$44
Mar 20056050.377.15$429
Feb 20057745.226.31$486
Jan 20058543.166.32$537
Dec 20048639.866.75$581
Nov 20044245.286.33$266
Oct 20042349.706.52$150
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 20045634.475.86$328
Mar 20043734.365.53$205
Feb 20046232.455.51$342
Jan 20047632.036.30$479
Dec 20039030.266.30$567
Nov 20036828.804.60$312
Oct 20033228.174.76$152
Sep 2003126.314.75$5
Aug 2003229.765.13$10
Jul 2003129.415.17$5
Jun 20032528.565.98$150
May 20031626.595.97$96
Apr 20035526.675.41$297
Mar 200312131.146.10$738
Feb 20039233.487.93$729
Jan 200311230.315.58$625
Dec 200215926.914.85$772
Nov 200211024.664.14$455
Oct 2002126.464.23$4
Sep 2002127.443.64$4
Aug 2002125.963.16$3
Jul 2002124.583.06$3
Jun 20023423.733.34$114
May 200214724.663.58$527
Apr 200218523.653.51$650
Mar 200220922.003.10$648
Feb 200220318.222.38$482
Jan 200226317.172.38$625
Dec 200138416.932.36$908
Nov 200118018.072.41$433
Oct 200112519.782.53$316
Sep 2001124.262.25$2
Aug 2001124.873.05$3
Jul 20017723.933.20$246
Jun 200111624.563.82$444
May 200110225.524.31$439
Apr 200117524.685.34$934
Mar 200125524.545.38$1,371
Feb 200128127.755.77$1,621
Jan 200136427.478.40$3,057
Dec 200038326.889.12$3,494
Nov 200046032.215.66$2,603
Oct 200023331.235.15$1,199
Sep 200020731.875.19$1,074
Aug 200015229.644.54$690
Jul 200013328.534.09$544
Jun 2000129.304.40$4
May 20009527.263.68$350
Apr 200015124.513.12$471
Mar 200029028.422.86$829
Feb 200024227.622.73$660
Jan 200031425.272.48$779
Dec 199917624.282.42$427
Nov 199932723.192.43$796
Oct 199918720.982.80$524
Sep 199914021.752.62$367
Aug 19994619.262.88$132
Jul 1999117.892.37$2
Jun 199919515.942.36$461
May 199911315.792.32$262
Apr 199917915.102.21$395
Mar 199920412.471.84$375
Feb 19991369.981.82$247
Jan 199924610.381.90$467
Dec 19984309.201.77$763
Nov 199833610.892.19$734
Oct 199814912.421.97$293
Sep 199811012.592.08$229
Aug 199817311.301.91$330
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 199812412.622.21$274
Apr 199826513.042.51$664
Mar 199819712.802.31$455
Feb 199827013.952.30$621
Jan 199830014.702.15$646
Dec 199747516.322.41$1,145
Nov 199726818.193.09$828
Oct 199734219.253.15$1,077
Sep 1997117.742.95$3
Aug 19971417.862.55$36
Jul 1997117.582.25$2
Jun 19979517.242.26$214
May 1997518.972.31$12
Apr 199718617.882.08$387
Mar 199724218.951.94$469
Feb 199732820.492.21$724
Jan 199726823.483.54$949
Dec 199641123.32$0
Nov 199638021.97$0
Oct 199619023.31$0
Sep 1996122.22$0
Aug 19969920.26$0
Jul 199624819.55$0
Jun 199624818.73$0
May 199624919.43$0
Apr 19965521.51$0
Mar 19969319.38$0
Feb 199622816.98$0
Jan 199635817.07$0
Dec 199539917.19$0
Nov 199542116.00$0
Oct 199518515.43$0
Sep 1995016.18$0
Aug 199510615.92$0
Jul 199515315.24$0
Jun 19954016.41$0
May 199524917.56$0
Apr 199528117.73$0
Mar 199526916.44$0
Feb 199540716.58$0
Jan 199539215.92$0
Dec 199448815.03$0
Nov 199413815.90$0
Oct 199413815.58$0
Sep 19947015.29$0
Aug 19945616.13$0
Jul 19946917.56$0
Jun 199413517.09$0
May 199414715.88$0
Apr 199420914.14$0
Mar 199443212.46$0
Feb 199432912.50$0
Jan 199443912.66$0
Dec 199343912.33$0
Nov 199323314.49$0
Oct 199327615.85$0
Sep 199335315.03$0
Aug 19937015.66$0
Jul 19938315.46$0
Jun 199322316.79$0
May 199327317.68$0
Apr 199331018.05$0
Mar 199341618.14$0
Feb 199341417.90$0
Jan 199343516.93$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                   47 Mcf  × $  3.05 =       $143

────────────────────────────────────────────────────
Month total                                     $143

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/26739 is the state's own key, not one this site invented.