HOWE

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 26787District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$474 k
Jan 1993 – May 2026
Value, last 12 filed months
$1 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
GasProduction115,628 Mcf$473,565
Total$473,565

15,851 Mcf of this lease's gas, across 48 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

42-483802011

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 20268398.932.87$238
Mar 202613389.753.15$419
Feb 202613063.503.75$488
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 202417880.301.55$275
Feb 202418876.091.78$335
Jan 202420373.023.30$669
Dec 202322471.262.61$585
Nov 202320977.892.81$587
Oct 202322085.443.09$679
Sep 202322189.042.74$604
Aug 202321580.522.67$575
Jul 202323074.852.64$608
Jun 202322068.962.26$497
May 202322270.622.23$494
Apr 202320078.122.24$448
Mar 202322272.852.39$531
Feb 202319175.112.47$471
Jan 202321176.533.39$715
Dec 202223276.415.73$1,329
Nov 202222285.005.65$1,253
Oct 202222287.185.86$1,302
Sep 202223284.888.16$1,894
Aug 202223194.529.13$2,108
Jul 2022237101.587.54$1,787
Jun 2022242115.097.98$1,930
May 2022251109.378.43$2,117
Apr 2022239104.226.84$1,634
Mar 2022244108.885.08$1,239
Feb 202222691.054.86$1,098
Jan 202224881.844.54$1,125
Dec 202126571.323.90$1,033
Nov 202135277.435.24$1,843
Oct 202139679.795.71$2,263
Sep 202129469.865.35$1,573
Aug 202110866.024.22$456
Jul 202112370.783.98$490
Jun 202112069.493.38$406
May 202113063.483.02$392
Apr 202112160.362.76$334
Mar 202112661.302.72$342
Feb 202112757.805.55$705
Jan 202113250.412.81$371
Dec 202012844.642.68$342
Nov 202018338.772.71$495
Oct 202014436.972.48$357
Sep 202012937.091.99$257
Aug 202012539.982.39$298
Jul 202016038.371.83$292
Jun 202022734.901.69$384
May 202019916.921.81$361
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 202014649.881.98$289
Jan 202025357.252.09$530
Dec 201919959.012.30$459
Nov 201917155.302.75$470
Oct 201922953.472.42$554
Sep 201915255.052.66$404
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 20193352.782.49$82
May 201931258.482.74$855
Apr 201923062.632.75$633
Mar 201919856.803.06$606
Feb 201918250.852.79$508
Jan 201921046.033.23$678
Dec 201822046.594.19$921
Nov 201823952.934.24$1,013
Oct 201828661.443.40$972
Sep 201833259.543.11$1,032
Aug 201837959.403.07$1,162
Jul 201835165.142.93$1,029
Jun 201828260.183.08$868
May 201826765.382.90$775
Apr 201827763.842.90$804
Mar 201829961.222.79$833
Feb 201825161.782.77$694
Jan 201832662.874.01$1,307
Dec 201734057.272.92$993
Nov 201734255.423.12$1,066
Oct 201736149.292.98$1,077
Sep 201736447.523.09$1,124
Aug 201728745.373.00$862
Jul 201730243.873.09$932
Jun 201732742.493.09$1,010
May 201738145.373.26$1,243
Apr 201737747.933.21$1,211
Mar 201729346.772.98$874
Feb 201727250.452.95$803
Jan 201730249.413.42$1,032
Dec 201635848.763.72$1,333
Nov 201637142.492.64$981
Oct 201634746.193.09$1,072
Sep 201634941.553.10$1,082
Aug 201639241.442.92$1,146
Jul 201635141.622.92$1,026
Jun 201632845.352.69$881
May 201636642.521.99$729
Apr 201630536.561.99$607
Mar 201635833.011.79$642
Feb 201635126.472.06$724
Jan 201634427.352.36$813
Dec 201531832.362.00$636
Nov 201531438.792.17$681
Oct 201537643.552.43$912
Sep 201536342.992.76$1,001
Aug 201538040.162.87$1,092
Jul 201540148.152.95$1,181
Jun 201535656.152.88$1,026
May 201538555.212.96$1,138
Apr 201538449.822.71$1,039
Mar 201539542.892.93$1,159
Feb 201528844.662.98$857
Jan 201539143.433.10$1,212
Dec 201431954.693.59$1,146
Nov 201436970.464.25$1,569
Oct 201434978.303.90$1,361
Sep 201431486.164.05$1,270
Aug 201432689.394.04$1,315
Jul 201434696.564.18$1,446
Jun 201436498.164.74$1,724
May 201435494.734.73$1,673
Apr 201431695.944.81$1,520
Mar 201431995.895.06$1,613
Feb 201429297.406.19$1,808
Jan 201432990.404.86$1,599
Dec 201332591.824.35$1,415
Nov 201334088.853.74$1,271
Oct 201334297.423.78$1,293
Sep 2013383104.113.72$1,424
Aug 2013418104.253.52$1,472
Jul 2013422102.523.72$1,569
Jun 201340594.403.93$1,593
May 201334994.834.15$1,448
Apr 201340093.964.28$1,713
Mar 201341793.623.91$1,632
Feb 201336591.233.42$1,248
Jan 201340991.603.42$1,399
Dec 201240086.773.42$1,368
Nov 201238986.953.62$1,410
Oct 201242089.383.40$1,428
Sep 201241694.672.92$1,214
Aug 201244092.662.91$1,280
Jul 201243585.133.02$1,314
Jun 201241379.822.52$1,040
May 201246191.612.49$1,147
Apr 2012438101.652.00$875
Mar 2012492105.052.22$1,093
Feb 2012414101.102.57$1,064
Jan 201239298.092.73$1,072
Dec 201147696.873.24$1,542
Nov 201146195.723.31$1,527
Oct 201150484.983.65$1,839
Sep 201138583.623.99$1,535
Aug 201138783.404.15$1,606
Jul 201137294.144.52$1,680
Jun 201134892.904.64$1,615
May 201137798.134.40$1,661
Apr 2011307105.964.33$1,330
Mar 201136296.364.06$1,469
Feb 201133485.644.18$1,396
Jan 201135786.504.59$1,638
Dec 201038485.734.35$1,670
Nov 201040580.843.80$1,537
Oct 201041278.103.51$1,446
Sep 201040772.633.98$1,620
Aug 201037773.684.42$1,666
Jul 201034072.554.74$1,610
Jun 201019470.364.91$953
May 201025171.124.24$1,063
Apr 201031381.694.12$1,290
Mar 201037078.394.39$1,624
Feb 201035073.585.44$1,905
Jan 201041274.365.96$2,457
Dec 200939871.445.48$2,183
Nov 200937974.593.75$1,422
Oct 200942472.544.11$1,743
Sep 200939665.543.06$1,214
Aug 200943167.423.22$1,387
Jul 200942261.133.46$1,462
Jun 200949166.163.90$1,912
May 200947754.743.93$1,873
Apr 200941446.773.59$1,485
Mar 200944442.144.06$1,802
Feb 200942632.814.63$1,974
Jan 200943135.865.37$2,315
Dec 200845037.105.98$2,690
Nov 200846155.496.86$3,163
Oct 200849775.246.92$3,440
Sep 2008490101.767.88$3,860
Aug 2008350114.228.48$2,969
Jul 2008363131.0811.39$4,134
Jun 2008407131.3313.03$5,304
May 2008437123.1711.57$5,058
Apr 2008452110.3110.45$4,726
Mar 2008480101.909.66$4,639
Feb 200847792.538.77$4,184
Jan 200847990.388.21$3,931
Dec 200752788.337.30$3,848
Nov 200747391.677.29$3,449
Oct 200751982.856.92$3,593
Sep 200749075.846.24$3,060
Aug 200750869.066.39$3,245
Jul 200755070.906.39$3,513
Jun 200748262.007.55$3,638
May 200754058.747.85$4,237
Apr 200748759.617.81$3,801
Mar 200748456.927.30$3,534
Feb 200745555.108.22$3,738
Jan 200750550.306.73$3,397
Dec 200653256.656.92$3,681
Nov 200653354.207.62$4,060
Oct 200650854.906.01$3,055
Sep 200646360.085.04$2,332
Aug 200655368.717.34$4,059
Jul 200652269.376.34$3,311
Jun 200654266.286.38$3,460
May 200656866.016.42$3,649
Apr 200657864.397.36$4,254
Mar 200656656.707.08$4,009
Feb 200645557.597.75$3,527
Jan 200653960.598.93$4,815
Dec 200559454.9413.42$7,969
Nov 200553954.6910.59$5,707
Oct 200576058.3413.80$10,485
Sep 200553161.4512.08$6,414
Aug 200555461.519.80$5,427
Jul 200553155.697.84$4,165
Jun 200556752.337.38$4,185
May 200562645.226.65$4,164
Apr 200562549.207.36$4,600
Mar 200553250.377.15$3,806
Feb 200532745.226.31$2,064
Jan 200529543.166.32$1,865
Dec 200422939.866.75$1,546
Nov 200420245.286.33$1,279
Oct 200425849.706.52$1,681
Sep 200423543.245.28$1,242
Aug 200424942.375.55$1,382
Jul 200428238.286.08$1,716
Jun 200428536.106.43$1,833
May 200424237.486.49$1,572
Apr 200422534.475.86$1,318
Mar 200425234.365.53$1,394
Feb 200426032.455.51$1,433
Jan 200421332.036.30$1,342
Dec 200324130.266.30$1,519
Nov 200323028.804.60$1,057
Oct 200324428.174.76$1,161
Sep 200328926.314.75$1,373
Aug 200320529.765.13$1,052
Jul 200312329.415.17$636
Jun 20033328.565.98$197
May 200315226.595.97$908
Apr 200314326.675.41$773
Mar 200314931.146.10$908
Feb 200313333.487.93$1,054
Jan 200317330.315.58$966
Dec 200214226.914.85$689
Nov 200213224.664.14$546
Oct 200215026.464.23$634
Sep 200213227.443.64$480
Aug 200214525.963.16$459
Jul 200214624.583.06$447
Jun 200217223.733.34$574
May 200217724.663.58$634
Apr 200216823.653.51$590
Mar 200216522.003.10$512
Feb 200215018.222.38$356
Jan 200217517.172.38$416
Dec 200118216.932.36$430
Nov 200114618.072.41$351
Oct 200118319.782.53$463
Sep 200115624.262.25$351
Aug 200115024.873.05$458
Jul 200119523.933.20$623
Jun 200119324.563.82$738
May 200120025.524.31$861
Apr 200119524.685.34$1,040
Mar 200120624.545.38$1,108
Feb 200120027.755.77$1,153
Jan 200135027.478.40$2,940
Dec 200019626.889.12$1,788
Nov 200019032.215.66$1,075
Oct 200020031.235.15$1,029
Sep 200020031.875.19$1,037
Aug 200020029.644.54$908
Jul 200020028.534.09$818
Jun 200020029.304.40$879
May 200020027.263.68$736
Apr 200020024.513.12$623
Mar 200020028.422.86$572
Feb 200030027.622.73$818
Jan 200030025.272.48$744
Dec 199920024.282.42$485
Nov 199920023.192.43$487
Oct 199920020.982.80$561
Sep 199920021.752.62$524
Aug 199920019.262.88$575
Jul 199920017.892.37$474
Jun 199920015.942.36$472
May 199920015.792.32$464
Apr 199920015.102.21$442
Mar 199920012.471.84$368
Feb 19992009.981.82$364
Jan 199920010.381.90$380
Dec 19982009.201.77$355
Nov 199820010.892.19$437
Oct 199820012.421.97$394
Sep 199820012.592.08$417
Aug 199820011.301.91$381
Jul 199820011.742.24$447
Jun 199820011.242.24$447
May 199820012.622.21$441
Apr 199820013.042.51$501
Mar 199820012.802.31$462
Feb 199820013.952.30$460
Jan 199824514.702.15$528
Dec 199722616.322.41$545
Nov 199721118.193.09$652
Oct 199725119.253.15$791
Sep 199720017.742.95$591
Aug 199720017.862.55$511
Jul 199724517.582.25$551
Jun 199730017.242.26$677
May 199727018.972.31$623
Apr 199728317.882.08$589
Mar 199738218.951.94$741
Feb 199720020.492.21$441
Jan 199716023.483.54$566
Dec 199618623.32$0
Nov 199616721.97$0
Oct 199620923.31$0
Sep 199620422.22$0
Aug 199630120.26$0
Jul 199630019.55$0
Jun 199627818.73$0
May 199630019.43$0
Apr 199630021.51$0
Mar 199630019.38$0
Feb 199630016.98$0
Jan 199629817.07$0
Dec 199530817.19$0
Nov 199527216.00$0
Oct 199530515.43$0
Sep 199528316.18$0
Aug 199531715.92$0
Jul 199532415.24$0
Jun 199522716.41$0
May 199530017.56$0
Apr 199532317.73$0
Mar 199539516.44$0
Feb 199530016.58$0
Jan 199536115.92$0
Dec 199430015.03$0
Nov 199433915.90$0
Oct 199437715.58$0
Sep 199430115.29$0
Aug 199435016.13$0
Jul 199430017.56$0
Jun 199435617.09$0
May 199431715.88$0
Apr 199435214.14$0
Mar 199432112.46$0
Feb 199430012.50$0
Jan 199430012.66$0
Dec 199337112.33$0
Nov 199339814.49$0
Oct 199344915.85$0
Sep 199357015.03$0
Aug 199383115.66$0
Jul 199336015.46$0
Jun 199336016.79$0
May 199337117.68$0
Apr 199330018.05$0
Mar 199338118.14$0
Feb 199331017.90$0
Jan 199337916.93$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.

Apr 2026 — as filed, then multipliedworked
Gas                   83 Mcf  × $  2.87 =       $238

────────────────────────────────────────────────────
Month total                                     $238

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/26787 is the state's own key, not one this site invented.