ISAACS 'C' 196

Operated by MMGL TXPH, LLC (P-5 101619) in the MENDOTA, NW. (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 268834District 10Field 604625002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.8 M
Nov 2012 – May 2026
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
163
no gaps in the span
Streams
2
condensate, 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 718 leases and 729 wells, and the rule below applies to all of them.

Discovered
1965-01-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2011-06-27.

The Commission's schedule remark for this field reads: WASH) FIELD EFFECTIVE 12/05/17.

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
High Cost Gas112014-02-12211426
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
CondensateDisposition24,779 bbl$1,872,752
GasProduction1,093,581 Mcf$3,898,030
Total$5,770,782

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 35.8755, -100.5139. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.87545, -100.51389 · 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
9,986 ft
1 wells filed one
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.

How deep they were drilled

The one well that filed a depth was drilled to 9,986 ft.

Completions filed
Nov 2012
1 of 1 wells

1 well

42-211350276H9,986 ftNov 2012

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 (163)

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

163 months

May 20260173106.413.05$527
Apr 202612914098.932.87$13,164
Mar 2026012389.753.15$387
Feb 2026028863.503.75$1,080
Jan 2026017859.138.00$1,424
Dec 2025018056.664.41$794
Nov 2025018158.593.93$711
Oct 2025017559.383.30$578
Sep 2025034062.743.08$1,046
Aug 2025057663.933.01$1,737
Jul 202501,21566.743.32$4,028
Jun 202501,30266.483.13$4,074
May 20251571,46060.553.23$14,226
Apr 202501,45062.363.54$5,138
Mar 202501,53067.704.27$6,531
Feb 202501,45170.884.34$6,299
Jan 20251951,48774.324.28$20,855
Dec 202401,37668.993.12$4,295
Nov 202401,43869.052.20$3,161
Oct 202401,80171.372.28$4,109
Sep 202401,84869.612.36$4,369
Aug 20241631,93075.632.06$16,311
Jul 202402,13279.932.15$4,577
Jun 202401,71378.082.63$4,512
May 20241661,74178.812.20$16,910
Apr 20241861,70484.451.66$18,535
Mar 2024095680.301.55$1,477
Feb 202401,37476.091.78$2,451
Jan 202401,74673.023.30$5,758
Dec 202302,70371.262.61$7,057
Nov 202302,67777.892.81$7,516
Oct 20231503,67385.443.09$24,156
Sep 202303,37889.042.74$9,239
Aug 202303,10580.522.67$8,299
Jul 202303,17574.852.64$8,388
Jun 2023952,91968.962.26$13,144
May 202303,65870.622.23$8,148
Apr 202303,60178.122.24$8,058
Mar 2023952,45472.852.39$12,794
Feb 202301,41575.112.47$3,489
Jan 2023812,06776.533.39$13,201
Dec 202202,15676.415.73$12,352
Nov 202218066285.005.65$19,038
Oct 202202,38987.185.86$14,009
Sep 202202,25384.888.16$18,393
Aug 202204,05994.529.13$37,047
Jul 202201,796101.587.54$13,546
Jun 20221612,132115.097.98$35,537
May 202203,583109.378.43$30,216
Apr 202203,204104.226.84$21,908
Mar 20221742,828108.885.08$33,301
Feb 202203,34091.054.86$16,229
Jan 202204,21181.844.54$19,108
Dec 202104,85471.323.90$18,926
Nov 20211893,15577.435.24$31,157
Oct 202103,06579.795.71$17,513
Sep 202103,62069.865.35$19,370
Aug 202103,49366.024.22$14,743
Jul 202104,18870.783.98$16,677
Jun 202103,43569.493.38$11,612
May 20212013,60563.483.02$23,638
Apr 202104,45660.362.76$12,292
Mar 202104,68861.302.72$12,737
Feb 20211823,49657.805.55$29,915
Jan 202104,57550.412.81$12,857
Dec 202004,80844.642.68$12,864
Nov 20201904,66938.772.71$20,003
Oct 202002,89836.972.48$7,182
Sep 202003,43037.091.99$6,829
Aug 202004,16739.982.39$9,939
Jul 20201754,77538.371.83$15,430
Jun 202004,25834.901.69$7,197
May 20201954,23316.921.81$10,981
Apr 202004,17314.751.80$7,530
Mar 20201892,35130.341.86$10,098
Feb 202004,05249.881.98$8,026
Jan 20201934,55157.252.09$20,582
Dec 20191954,08059.012.30$20,909
Nov 201903,99555.302.75$10,989
Oct 201904,35753.472.42$10,538
Sep 201904,20455.052.66$11,171
Aug 20191863,83753.112.30$18,720
Jul 201904,42956.272.46$10,896
Jun 201904,29052.782.49$10,687
May 20191883,65058.482.74$20,996
Apr 201903,69662.632.75$10,167
Mar 20191843,88856.803.06$22,357
Feb 201904,14650.852.79$11,577
Jan 20191964,53146.033.23$23,649
Dec 20181904,31746.594.19$26,921
Nov 201804,69752.934.24$19,902
Oct 201803,43261.443.40$11,662
Sep 20181504,53859.543.11$23,035
Aug 20181844,35259.403.07$24,275
Jul 201805,00365.142.93$14,668
Jun 201804,92760.183.08$15,160
May 20181805,11265.382.90$26,597
Apr 201803,89463.842.90$11,296
Mar 201804,01961.222.79$11,200
Feb 2018524,99061.782.77$17,016
Jan 20181854,90962.874.01$31,313
Dec 20171815,11757.272.92$25,315
Nov 201704,98055.423.12$15,529
Oct 201705,81749.292.98$17,356
Sep 20171785,45447.523.09$25,297
Aug 201705,73745.373.00$17,236
Jul 201706,76643.873.09$20,889
Jun 20171885,96942.493.09$26,416
May 201706,04545.373.26$19,727
Apr 201706,40547.933.21$20,570
Mar 20171907,13946.772.98$30,187
Feb 20171946,82450.452.95$29,936
Jan 2017967,93749.413.42$31,878
Dec 201608,25948.763.72$30,747
Nov 20163738,50742.492.64$38,344
Oct 20161819,22446.193.09$36,865
Sep 20162949,23141.553.10$40,838
Aug 20161929,54141.442.92$35,858
Jul 20166059,62441.622.92$53,324
Jun 20162129,62045.352.69$35,452
May 20161929,82342.521.99$27,722
Apr 20161129,51436.561.99$23,037
Mar 201617010,24633.011.79$23,993
Feb 20163889,14826.472.06$29,148
Jan 201618910,41127.352.36$29,785
Dec 201519710,49432.362.00$27,378
Nov 20151837,92138.792.17$24,266
Oct 201536112,10443.552.43$45,093
Sep 201518214,70942.992.76$48,398
Aug 201503,55440.162.87$10,209
Jul 20150048.152.95$0
Jun 20150256.152.88$6
May 2015011455.212.96$337
Apr 20151716,57649.822.71$26,318
Mar 201535910,29942.892.93$45,622
Feb 20151869,88744.662.98$37,732
Jan 2015012,40143.433.10$38,451
Dec 201435415,59654.693.59$75,371
Nov 201408,44770.464.25$35,915
Oct 201437814,78678.303.90$87,277
Sep 201418615,05486.164.05$76,926
Aug 201438116,66089.394.04$101,283
Jul 201418517,44996.564.18$90,793
Jun 201452818,05298.164.74$137,339
May 201418518,71494.734.73$105,978
Apr 201437618,46995.944.81$124,893
Mar 201437819,43795.895.06$134,535
Feb 201436717,73197.406.19$145,536
Jan 201456520,00690.404.86$148,320
Dec 201359620,35691.824.35$143,365
Nov 201356320,82488.853.74$127,868
Oct 201355322,55497.423.78$139,113
Sep 201356423,164104.113.72$144,836
Aug 201391425,366104.253.52$184,639
Jul 201376227,138102.523.72$179,012
Jun 201379828,67894.403.93$188,134
May 201375130,35594.834.15$197,163
Apr 20131,28033,70393.964.28$264,605
Mar 20131,12931,47493.623.91$228,851
Feb 20131,13333,27891.233.42$217,171
Jan 201394323,15791.603.42$165,574
Dec 20120086.773.42$0
Nov 20120086.953.62$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
Condensate             0 bbl  × $106.41 =         $0
Gas                  173 Mcf  × $  3.05 =       $527

────────────────────────────────────────────────────
Month total                                     $527

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/268834 is the state's own key, not one this site invented.