DAVIS 3

Operated by MUSTANG FUEL CORPORATION (P-5 596921) in the STILES RANCH (GRANITE WASH CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 275049District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.1 M
Mar 2013 – May 2026
Value, last 12 filed months
$409 k
at the published price for each month
Months reported
159
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 906 leases and 906 wells, and the rule below applies to all of them.

Discovered
2008-06-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-10-11.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112015-10-09215660
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
CondensateDisposition71,956 bbl$5,889,026
GasProduction2,226,750 Mcf$8,222,224
Total$14,111,251

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 35.4150, -100.0471. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.41496, -100.04709 · 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
12,825 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 12,825 ft.

Completions filed
Mar 2013
1 of 1 wells

1 well

42-483336098060H12,825 ftMar 2013

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 (159)

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

159 months

May 20261944,094106.413.05$33,113
Apr 20261954,23698.932.87$31,447
Mar 2026153,96289.753.15$13,824
Feb 20262,4793,49763.503.75$170,531
Jan 202603,23659.138.00$25,881
Dec 20251904,08756.664.41$28,803
Nov 202504,04458.593.93$15,879
Oct 202504,14959.383.30$13,712
Sep 20251934,26062.743.08$25,217
Aug 202503,39663.933.01$10,238
Jul 20251914,50066.743.32$27,666
Jun 202504,01866.483.13$12,571
May 20251814,29860.553.23$24,852
Apr 202503,90062.363.54$13,818
Mar 20255523,45767.704.27$52,126
Feb 202502,76470.884.34$11,998
Jan 202503,60774.324.28$15,433
Dec 20241974,04068.993.12$26,201
Nov 202404,21469.052.20$9,264
Oct 202404,37771.372.28$9,986
Sep 202404,41869.612.36$10,446
Aug 20241854,66275.632.06$23,612
Jul 202404,65879.932.15$9,999
Jun 202404,43578.082.63$11,682
May 202404,67678.812.20$10,280
Apr 20245284,66284.451.66$52,325
Mar 202404,15180.301.55$6,414
Feb 202403,85476.091.78$6,874
Jan 202404,48873.023.30$14,800
Dec 20231894,83171.262.61$26,081
Nov 20233284,92177.892.81$39,364
Oct 202304,79185.443.09$14,791
Sep 202304,85489.042.74$13,276
Aug 202304,95680.522.67$13,247
Jul 20231915,10574.852.64$27,783
Jun 202304,60168.962.26$10,391
May 202305,19170.622.23$11,562
Apr 202304,87778.122.24$10,914
Mar 20231974,90872.852.39$26,097
Feb 20235494,61975.112.47$52,624
Jan 202305,09076.533.39$17,243
Dec 202204,38376.415.73$25,111
Nov 202205,14685.005.65$29,055
Oct 202205,58587.185.86$32,749
Sep 202204,73384.888.16$38,639
Aug 20221872,91194.529.13$44,244
Jul 202203,575101.587.54$26,963
Jun 20221873,423115.097.98$48,828
May 202203,924109.378.43$33,091
Apr 202203,857104.226.84$26,373
Mar 202204,147108.885.08$21,052
Feb 20223573,20191.054.86$48,058
Jan 202203,67681.844.54$16,681
Dec 202102,41271.323.90$9,405
Nov 202103,55077.435.24$18,591
Oct 20211823,88179.795.71$36,697
Sep 20211844,23369.865.35$35,505
Aug 20211945,12466.024.22$34,434
Jul 202105,33170.783.98$21,228
Jun 202105,42669.493.38$18,343
May 202104,27863.483.02$12,910
Apr 20211923,76360.362.76$21,969
Mar 20213514,33461.302.72$33,292
Feb 202102,71557.805.55$15,063
Jan 202101,15750.412.81$3,251
Dec 2020067244.642.68$1,798
Nov 2020049638.772.71$1,342
Oct 202003,03136.972.48$7,512
Sep 20201974,16837.091.99$15,605
Aug 202004,81039.982.39$11,472
Jul 20201915,49538.371.83$17,358
Jun 202003,93734.901.69$6,655
May 202004,95516.921.81$8,992
Apr 202004,52814.751.80$8,170
Mar 20201904,95930.341.86$14,970
Feb 202005,42349.881.98$10,741
Jan 20207716,46557.252.09$57,682
Dec 201904,41759.012.30$10,178
Nov 201905,91055.302.75$16,257
Oct 20191985,89953.472.42$24,854
Sep 20191916,43855.052.66$27,622
Aug 201906,61953.112.30$15,253
Jul 20193827,03156.272.46$38,792
Jun 20191926,29452.782.49$25,813
May 201906,95158.482.74$19,048
Apr 201906,67362.632.75$18,355
Mar 20193786,95756.803.06$42,773
Feb 201906,26750.852.79$17,499
Jan 20192036,98446.033.23$31,890
Dec 20181856,88546.594.19$37,436
Nov 20183646,61852.934.24$47,309
Oct 201806,88861.443.40$23,406
Sep 20181987,00259.543.11$33,551
Aug 20181817,47059.403.07$33,659
Jul 20181867,19965.142.93$33,223
Jun 20185657,72860.183.08$57,780
May 201806,69665.382.90$19,424
Apr 20185437,81963.842.90$57,346
Mar 20181925,64561.222.79$27,486
Feb 20181845,67161.782.77$27,054
Jan 20183636,95862.874.01$50,719
Dec 201706,57257.272.92$19,200
Nov 201709,42655.423.12$29,394
Oct 20173639,09649.292.98$45,032
Sep 201709,09647.523.09$28,082
Aug 2017010,10845.373.00$30,368
Jul 201709,18243.873.09$28,347
Jun 2017010,73542.493.09$33,142
May 2017010,81745.373.26$35,300
Apr 20173615,63947.933.21$35,413
Mar 201706,79746.772.98$20,280
Feb 20175388,20450.452.95$51,365
Jan 20173707,78449.413.42$44,894
Dec 201637611,16548.763.72$59,899
Nov 201634910,82042.492.64$43,441
Oct 2016010,41846.193.09$32,194
Sep 201618111,16241.553.10$42,130
Aug 2016011,90441.442.92$34,811
Jul 201609,32841.622.92$27,278
Jun 20161815,25445.352.69$22,320
May 2016013,16442.521.99$26,210
Apr 201636017,06436.561.99$47,137
Mar 201635922,98733.011.79$53,090
Feb 20161822,61426.472.06$10,212
Jan 201636619,14427.352.36$55,273
Dec 201569418,21832.362.00$58,920
Nov 201518019,31838.792.17$48,851
Oct 201555221,77343.552.43$76,874
Sep 201535221,35242.992.76$74,030
Aug 201549222,31940.162.87$83,870
Jul 201532715,53148.152.95$61,485
Jun 20151,05921,63156.152.88$121,822
May 201517123,49655.212.96$78,882
Apr 20151,23421,89049.822.71$120,725
Mar 201517324,69942.892.93$79,904
Feb 201552021,89044.662.98$88,372
Jan 201588725,14143.433.10$116,475
Dec 201453926,17454.693.59$123,478
Nov 201471225,70670.464.25$159,465
Oct 201471027,84978.303.90$164,231
Sep 201468828,83386.164.05$175,920
Aug 201473631,24289.394.04$191,856
Jul 201493733,38696.564.18$230,017
Jun 201490333,94898.164.74$249,446
May 201494637,95594.734.73$269,011
Apr 20141,17740,07795.944.81$305,656
Mar 20142,02648,64495.895.06$440,256
Feb 20141,12150,03997.406.19$419,027
Jan 20141,99862,97390.404.86$486,713
Dec 20131,24074,83891.824.35$439,737
Nov 20131,47145,67788.853.74$301,452
Oct 20132,93671,70997.423.78$557,039
Sep 20133,21465,174104.113.72$576,910
Aug 20133,40976,258104.253.52$624,015
Jul 20133,57884,027102.523.72$679,207
Jun 20134,93097,02394.403.93$847,023
May 20136,206103,79094.834.15$1,019,148
Apr 20136,699135,19293.964.28$1,208,410
Mar 201391140,89193.623.91$245,289

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           194 bbl  × $106.41 =    $20,644
Gas                4,094 Mcf  × $  3.05 =    $12,470

────────────────────────────────────────────────────
Month total                                  $33,113

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/275049 is the state's own key, not one this site invented.