ISAACS 148

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

Gas lease lease 272302District 10Field 582573002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.0 M
Nov 2012 – May 2026
Value, last 12 filed months
$274 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 36 leases and 36 wells, and the rule below applies to all of them.

Discovered
1973-10-25
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 2012-02-07.

The Commission's schedule remark for this field reads: DKT 10-0300800 DATE 10-11-2016. TEMPORARY FIELD RULES CONTINUED

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 Gas112014-10-24213570
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
CondensateDisposition65,638 bbl$4,999,796
GasProduction1,706,087 Mcf$6,009,127
Total$11,008,923

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 35.8800, -100.2106. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.88004, -100.21057 · 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
10,440 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 10,440 ft.

Completions filed
Nov 2012
1 of 1 wells

1 well

42-211350565H10,440 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 20261803,818106.413.05$30,783
Apr 20261803,82498.932.87$28,781
Mar 202603,81289.753.15$12,006
Feb 202603,55463.503.75$13,329
Jan 20261774,00959.138.00$42,530
Dec 202524,15656.664.41$18,455
Nov 20251834,07858.593.93$26,734
Oct 202524,27059.383.30$14,230
Sep 20251794,06062.743.08$23,723
Aug 202504,30863.933.01$12,988
Jul 20251794,35666.743.32$26,387
Jun 20251774,06966.483.13$24,498
May 20251784,24760.553.23$24,506
Apr 202524,07962.363.54$14,577
Mar 20251784,11967.704.27$29,632
Feb 202503,79170.884.34$16,456
Jan 20251784,37374.324.28$31,940
Dec 202424,49968.993.12$14,181
Nov 20241774,39369.052.20$21,880
Oct 20241744,55771.372.28$22,815
Sep 202424,34969.612.36$10,422
Aug 20241724,53975.632.06$22,375
Jul 20241744,48879.932.15$23,542
Jun 20241734,34878.082.63$24,960
May 202404,58678.812.20$10,082
Apr 202404,41284.451.66$7,320
Mar 20241864,53980.301.55$21,949
Feb 20241814,25276.091.78$21,356
Jan 202424,40873.023.30$14,682
Dec 20231834,58171.262.61$25,000
Nov 20231804,62677.892.81$27,008
Oct 20233414,40585.443.09$42,735
Sep 202304,38989.042.74$12,004
Aug 20231744,74180.522.67$26,683
Jul 202314,80374.852.64$12,763
Jun 20231744,73568.962.26$22,693
May 202304,89970.622.23$10,912
Apr 20231684,59278.122.24$23,400
Mar 20231784,78072.852.39$24,407
Feb 202314,29975.112.47$10,675
Jan 20231764,86376.533.39$29,944
Dec 20221774,92576.415.73$41,740
Nov 20221694,97685.005.65$42,460
Oct 202205,29287.185.86$31,031
Sep 20221755,02584.888.16$55,876
Aug 20221695,30594.529.13$64,393
Jul 20221715,465101.587.54$58,588
Jun 202215,229115.097.98$41,828
May 20221825,406109.378.43$65,494
Apr 20221755,134104.226.84$53,343
Mar 20221895,543108.885.08$48,717
Feb 20221754,23891.054.86$36,526
Jan 202205,14581.844.54$23,346
Dec 20211775,40371.323.90$33,691
Nov 20211815,44077.435.24$42,503
Oct 202115,72679.795.71$32,797
Sep 20211765,66969.865.35$42,630
Aug 20211795,82966.024.22$36,419
Jul 202105,93170.783.98$23,618
Jun 20211695,72369.493.38$31,091
May 20211815,46763.483.02$27,987
Apr 20211845,10560.362.76$25,188
Mar 20211826,45261.302.72$28,686
Feb 202105,30957.805.55$29,454
Jan 20211835,58850.412.81$24,929
Dec 20201855,75544.642.68$23,656
Nov 20201845,86238.772.71$23,000
Oct 20201836,07136.972.48$21,812
Sep 20201806,85337.091.99$20,321
Aug 202018211,38439.982.39$34,428
Jul 202018111,54638.371.83$28,018
Jun 2020110,56534.901.69$17,893
May 202036210,14116.921.81$24,528
Apr 20201827,87314.751.80$16,890
Mar 202006,54930.341.86$12,156
Feb 20201846,27149.881.98$21,599
Jan 20201856,79957.252.09$24,833
Dec 20193546,83759.012.30$36,644
Nov 20191726,68155.302.75$27,889
Oct 20191816,90753.472.42$26,383
Sep 20191816,65455.052.66$27,646
Aug 20191746,81653.112.30$24,948
Jul 20191796,84456.272.46$26,909
Jun 20191836,70652.782.49$26,365
May 20191837,01258.482.74$29,917
Apr 20191846,80562.632.75$30,242
Mar 20193657,22156.803.06$42,843
Feb 20191946,82350.852.79$28,916
Jan 20191927,56346.033.23$33,252
Dec 20181907,79546.594.19$41,478
Nov 20181947,60152.934.24$42,476
Oct 20183747,81361.443.40$49,528
Sep 20181907,60459.543.11$34,946
Aug 20181897,70259.403.07$34,845
Jul 20181727,81165.142.93$34,105
Jun 20181857,67660.183.08$34,752
May 20183668,08065.382.90$47,368
Apr 20181887,99863.842.90$35,203
Mar 20181888,57061.222.79$35,393
Feb 20183668,08161.782.77$44,965
Jan 20181858,46262.874.01$45,558
Dec 20173566,28057.272.92$38,735
Nov 20171796,26655.423.12$29,460
Oct 20171876,90349.292.98$29,814
Sep 20173646,70247.523.09$37,988
Aug 20171797,37145.373.00$30,267
Jul 20173517,51743.873.09$38,605
Jun 20171857,53242.493.09$31,114
May 20173658,14545.373.26$43,140
Apr 20171897,81347.933.21$34,151
Mar 20171827,32846.772.98$30,377
Feb 20173687,91550.452.95$41,935
Jan 20171888,39649.413.42$37,993
Dec 20163838,56648.763.72$50,565
Nov 20161878,57042.492.64$30,608
Oct 20163709,21246.193.09$45,558
Sep 20163838,95141.553.10$43,667
Aug 20163829,71541.442.92$44,240
Jul 201637010,41041.622.92$45,842
Jun 201619010,39245.352.69$36,528
May 201637210,73942.521.99$37,199
Apr 201637410,33036.561.99$34,241
Mar 201637910,90433.011.79$32,073
Feb 201637910,78926.472.06$32,297
Jan 201657112,03127.352.36$44,062
Dec 201538010,72932.362.00$33,770
Nov 201537511,41438.792.17$39,284
Oct 201537012,31743.552.43$46,002
Sep 201537412,87942.992.76$51,604
Aug 201555513,48840.162.87$61,033
Jul 201537314,08948.152.95$59,453
Jun 201555113,40456.152.88$69,581
May 201573814,49355.212.96$83,578
Apr 201537814,46849.822.71$57,991
Mar 201556315,39042.892.93$69,312
Feb 201539114,23044.662.98$59,813
Jan 201556215,63043.433.10$72,871
Dec 201456916,00254.693.59$88,588
Nov 201476715,72370.464.25$120,895
Oct 201437317,33778.303.90$96,837
Sep 201474117,83286.164.05$135,983
Aug 201472418,90589.394.04$141,002
Jul 201472919,81396.564.18$153,203
Jun 201475619,29498.164.74$165,602
May 201475222,36094.734.73$176,923
Apr 201474017,70095.944.81$156,117
Mar 201494622,05295.895.06$202,224
Feb 201477521,07697.406.19$205,988
Jan 20141,31724,64490.404.86$238,844
Dec 201377525,36191.824.35$181,594
Nov 20131,10625,93888.853.74$195,232
Oct 20131,11728,39297.423.78$216,122
Sep 20131,29728,528104.113.72$241,090
Aug 20131,29431,316104.253.52$245,214
Jul 20131,64834,160102.523.72$295,951
Jun 20131,49235,68394.403.93$281,201
May 20131,90838,23094.834.15$339,555
Apr 20132,26739,75893.964.28$383,275
Mar 20132,51445,71593.623.91$414,238
Feb 20132,03548,41391.233.42$351,221
Jan 20133,64360,73091.603.42$541,390
Dec 20124,1504,72786.773.42$376,263
Nov 20123,01274,02886.953.62$530,242

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           180 bbl  × $106.41 =    $19,154
Gas                3,818 Mcf  × $  3.05 =    $11,629

────────────────────────────────────────────────────
Month total                                  $30,783

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/272302 is the state's own key, not one this site invented.