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 26788District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$213 k
Jan 1993 – May 2026
Value, last 12 filed months
$158
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
GasProduction60,734 Mcf$212,770
Total$212,770

15,035 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

42-483802022

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 20265598.932.87$158
Mar 2026089.753.15$0
Feb 2026063.503.75$0
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 20247680.301.55$117
Feb 20248076.091.78$143
Jan 20248773.023.30$287
Dec 20239671.262.61$251
Nov 20239077.892.81$253
Oct 20239485.443.09$290
Sep 20239589.042.74$260
Aug 20239280.522.67$246
Jul 20239974.852.64$262
Jun 20239468.962.26$212
May 20239570.622.23$212
Apr 20238578.122.24$190
Mar 20239572.852.39$227
Feb 20238275.112.47$202
Jan 20239176.533.39$308
Dec 20229976.415.73$567
Nov 20229585.005.65$536
Oct 20229587.185.86$557
Sep 20229984.888.16$808
Aug 20229994.529.13$904
Jul 2022101101.587.54$762
Jun 2022104115.097.98$830
May 2022108109.378.43$911
Apr 2022102104.226.84$697
Mar 2022105108.885.08$533
Feb 20229791.054.86$471
Jan 202214681.844.54$663
Dec 202111371.323.90$441
Nov 202115177.435.24$791
Oct 202117079.795.71$971
Sep 202112669.865.35$674
Aug 20214666.024.22$194
Jul 20215370.783.98$211
Jun 20215169.493.38$172
May 20215663.483.02$169
Apr 20215260.362.76$143
Mar 20215461.302.72$147
Feb 20215557.805.55$305
Jan 20215750.412.81$160
Dec 20205544.642.68$147
Nov 20207938.772.71$214
Oct 20206236.972.48$154
Sep 20205537.091.99$110
Aug 20205339.982.39$126
Jul 20206938.371.83$126
Jun 20209734.901.69$164
May 20208516.921.81$154
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 20206349.881.98$125
Jan 202010857.252.09$226
Dec 20198559.012.30$196
Nov 20197355.302.75$201
Oct 20199853.472.42$237
Sep 20196555.052.66$173
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 20191452.782.49$35
May 201913458.482.74$367
Apr 20199862.632.75$270
Mar 20198556.803.06$260
Feb 20197850.852.79$218
Jan 20199046.033.23$291
Dec 20189446.594.19$393
Nov 201810252.934.24$432
Oct 201812261.443.40$415
Sep 201814259.543.11$441
Aug 201816259.403.07$497
Jul 201815065.142.93$440
Jun 201812160.183.08$372
May 201811565.382.90$334
Apr 201811963.842.90$345
Mar 201812861.222.79$357
Feb 201810861.782.77$299
Jan 201814062.874.01$561
Dec 201714657.272.92$427
Nov 201714755.423.12$458
Oct 201715549.292.98$462
Sep 201715647.523.09$482
Aug 201712345.373.00$370
Jul 201713043.873.09$401
Jun 201714042.493.09$432
May 201716345.373.26$532
Apr 201716147.933.21$517
Mar 201712646.772.98$376
Feb 201711650.452.95$343
Jan 201712949.413.42$441
Dec 201615448.763.72$573
Nov 201615942.492.64$420
Oct 201614946.193.09$460
Sep 201614941.553.10$462
Aug 201616841.442.92$491
Jul 201615041.622.92$439
Jun 201614145.352.69$379
May 201615742.521.99$313
Apr 201613136.561.99$261
Mar 201615333.011.79$274
Feb 201615126.472.06$312
Jan 201614827.352.36$350
Dec 201513632.362.00$272
Nov 201513438.792.17$290
Oct 201516143.552.43$391
Sep 201515542.992.76$428
Aug 201516340.162.87$468
Jul 201517248.152.95$507
Jun 201515356.152.88$441
May 201516555.212.96$488
Apr 201516449.822.71$444
Mar 201516942.892.93$496
Feb 201512444.662.98$369
Jan 201516843.433.10$521
Dec 201413754.693.59$492
Nov 201415870.464.25$672
Oct 201414978.303.90$581
Sep 201413486.164.05$542
Aug 201414089.394.04$565
Jul 201414896.564.18$619
Jun 201415698.164.74$739
May 201415294.734.73$718
Apr 201413595.944.81$649
Mar 201413795.895.06$693
Feb 201412597.406.19$774
Jan 201414190.404.86$685
Dec 201313991.824.35$605
Nov 201314688.853.74$546
Oct 201314697.423.78$552
Sep 2013164104.113.72$610
Aug 2013179104.253.52$631
Jul 2013181102.523.72$673
Jun 201317494.403.93$684
May 201315094.834.15$622
Apr 201317193.964.28$732
Mar 201317993.623.91$700
Feb 201315691.233.42$534
Jan 201317591.603.42$598
Dec 201217186.773.42$585
Nov 201216786.953.62$605
Oct 201218089.383.40$612
Sep 201217894.672.92$519
Aug 201218992.662.91$550
Jul 201218785.133.02$565
Jun 201217779.822.52$446
May 201219891.612.49$493
Apr 2012188101.652.00$375
Mar 2012211105.052.22$469
Feb 2012177101.102.57$455
Jan 201216898.092.73$459
Dec 201120496.873.24$661
Nov 201119795.723.31$652
Oct 201121684.983.65$788
Sep 201116583.623.99$658
Aug 201116683.404.15$689
Jul 201116094.144.52$723
Jun 201114992.904.64$691
May 201116198.134.40$709
Apr 2011132105.964.33$572
Mar 201115596.364.06$629
Feb 201114385.644.18$598
Jan 201115386.504.59$702
Dec 201016485.734.35$713
Nov 201017480.843.80$660
Oct 201017778.103.51$621
Sep 201017572.633.98$696
Aug 201016173.684.42$712
Jul 201014672.554.74$692
Jun 20108370.364.91$408
May 201010871.124.24$457
Apr 201013481.694.12$552
Mar 201015978.394.39$698
Feb 201015073.585.44$816
Jan 201017774.365.96$1,056
Dec 200917171.445.48$938
Nov 200916374.593.75$611
Oct 200918272.544.11$748
Sep 200917065.543.06$521
Aug 200918567.423.22$595
Jul 200918161.133.46$627
Jun 200921066.163.90$818
May 200920454.743.93$801
Apr 200917846.773.59$639
Mar 200919042.144.06$771
Feb 200918232.814.63$843
Jan 200918535.865.37$994
Dec 200819337.105.98$1,154
Nov 200819755.496.86$1,351
Oct 200821375.246.92$1,474
Sep 2008210101.767.88$1,654
Aug 2008150114.228.48$1,272
Jul 2008156131.0811.39$1,777
Jun 2008174131.3313.03$2,268
May 2008187123.1711.57$2,164
Apr 2008194110.3110.45$2,028
Mar 2008206101.909.66$1,991
Feb 200820592.538.77$1,798
Jan 200820590.388.21$1,682
Dec 200722688.337.30$1,650
Nov 200720391.677.29$1,480
Oct 200722282.856.92$1,537
Sep 200721075.846.24$1,311
Aug 200721869.066.39$1,393
Jul 200723670.906.39$1,508
Jun 200720662.007.55$1,555
May 200723258.747.85$1,820
Apr 200720959.617.81$1,631
Mar 200720756.927.30$1,512
Feb 200719555.108.22$1,602
Jan 200721750.306.73$1,460
Dec 200622856.656.92$1,577
Nov 200622954.207.62$1,744
Oct 200621854.906.01$1,311
Sep 200619960.085.04$1,002
Aug 200623768.717.34$1,740
Jul 200622469.376.34$1,421
Jun 200623266.286.38$1,481
May 200624466.016.42$1,568
Apr 200624864.397.36$1,825
Mar 200624356.707.08$1,721
Feb 200619557.597.75$1,511
Jan 200623160.598.93$2,064
Dec 200525454.9413.42$3,408
Nov 200523154.6910.59$2,446
Oct 200532658.3413.80$4,497
Sep 200522761.4512.08$2,742
Aug 200523861.519.80$2,332
Jul 200522855.697.84$1,788
Jun 200528352.337.38$2,089
May 200526945.226.65$1,789
Apr 200526549.207.36$1,951
Mar 200522950.377.15$1,638
Feb 200514045.226.31$884
Jan 200512943.166.32$816
Dec 200410139.866.75$682
Nov 20047945.286.33$500
Oct 200411149.706.52$723
Sep 20049543.245.28$502
Aug 200410342.375.55$572
Jul 200411938.286.08$724
Jun 200412336.106.43$791
May 200422037.486.49$1,429
Apr 200418634.475.86$1,090
Mar 200418234.365.53$1,006
Feb 200419632.455.51$1,080
Jan 200427532.036.30$1,732
Dec 200328530.266.30$1,796
Nov 200327228.804.60$1,250
Oct 200333428.174.76$1,590
Sep 200321326.314.75$1,012
Aug 200310229.765.13$523
Jul 20033329.415.17$171
Jun 200313228.565.98$790
May 20034126.595.97$245
Apr 20033026.675.41$162
Mar 20033531.146.10$213
Feb 20033433.487.93$269
Jan 20034630.315.58$257
Dec 20024526.914.85$218
Nov 20024824.664.14$199
Oct 20024226.464.23$178
Sep 20026727.443.64$244
Aug 20025225.963.16$165
Jul 20024424.583.06$135
Jun 20023623.733.34$120
May 20024224.663.58$151
Apr 20024723.653.51$165
Mar 20024222.003.10$130
Feb 20024118.222.38$97
Jan 20023717.172.38$88
Dec 20013116.932.36$73
Nov 20017118.072.41$171
Oct 20016419.782.53$162
Sep 20013924.262.25$88
Aug 20014624.873.05$140
Jul 20016123.933.20$195
Jun 20013024.563.82$115
May 20014725.524.31$202
Apr 20015524.685.34$293
Mar 20017624.545.38$409
Feb 20016427.755.77$369
Jan 20018227.478.40$689
Dec 20006726.889.12$611
Nov 20006632.215.66$373
Oct 20007231.235.15$370
Sep 20007231.875.19$373
Aug 20008029.644.54$363
Jul 20009528.534.09$389
Jun 20008229.304.40$361
May 20007427.263.68$272
Apr 200011324.513.12$352
Mar 200013628.422.86$389
Feb 20007927.622.73$215
Jan 200027125.272.48$672
Dec 199911624.282.42$281
Nov 19997023.192.43$170
Oct 19998320.982.80$233
Sep 199914621.752.62$382
Aug 199911019.262.88$316
Jul 199911017.892.37$261
Jun 199912015.942.36$283
May 199915615.792.32$362
Apr 19996715.102.21$148
Mar 199910612.471.84$195
Feb 1999819.981.82$147
Jan 199916110.381.90$306
Dec 19981039.201.77$183
Nov 199810610.892.19$232
Oct 199812312.421.97$242
Sep 199810112.592.08$210
Aug 199811411.301.91$217
Jul 199813911.742.24$311
Jun 199815111.242.24$338
May 199817912.622.21$395
Apr 199812613.042.51$316
Mar 199815512.802.31$358
Feb 199813913.952.30$320
Jan 199820014.702.15$431
Dec 199720016.322.41$482
Nov 199720018.193.09$618
Oct 199720019.253.15$630
Sep 199721317.742.95$629
Aug 199726017.862.55$664
Jul 199720017.582.25$449
Jun 199724117.242.26$544
May 199720018.972.31$462
Apr 199720017.882.08$417
Mar 199730018.951.94$582
Feb 199721420.492.21$472
Jan 199720023.483.54$708
Dec 199620023.32$0
Nov 199620021.97$0
Oct 199620023.31$0
Sep 199620022.22$0
Aug 199620020.26$0
Jul 199625919.55$0
Jun 199630018.73$0
May 199624619.43$0
Apr 199625321.51$0
Mar 199628319.38$0
Feb 199626816.98$0
Jan 199630017.07$0
Dec 199530017.19$0
Nov 199530016.00$0
Oct 199530015.43$0
Sep 199530016.18$0
Aug 199530015.92$0
Jul 199530015.24$0
Jun 199530016.41$0
May 199532817.56$0
Apr 199530017.73$0
Mar 199530016.44$0
Feb 199532216.58$0
Jan 199540015.92$0
Dec 199437315.03$0
Nov 199430015.90$0
Oct 199430015.58$0
Sep 199440015.29$0
Aug 199430016.13$0
Jul 199435017.56$0
Jun 199430017.09$0
May 199440015.88$0
Apr 199430014.14$0
Mar 199440012.46$0
Feb 199437112.50$0
Jan 199439312.66$0
Dec 199340012.33$0
Nov 199339814.49$0
Oct 199344915.85$0
Sep 199340115.03$0
Aug 199350215.66$0
Jul 199330215.46$0
Jun 199330416.79$0
May 199328917.68$0
Apr 199334418.05$0
Mar 199320018.14$0
Feb 199330017.90$0
Jan 199330016.93$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                   55 Mcf  × $  2.87 =       $158

────────────────────────────────────────────────────
Month total                                     $158

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/26788 is the state's own key, not one this site invented.