MATHEWS, VIRGIL 'A'

Operated by LATIGO PETROLEUM, LLC (P-5 488260) in the PAN PETRO (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 275908District 10Field 687351202 tax incentive programmesCondensateGasSaveExport
Value, all time
$472 k
Jan 2014 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
149
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 965 leases and 1,339 wells, and the rule below applies to all of them.

Discovered
1974-03-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-04-18.

The Commission's schedule remark for this field reads: PRORATION ACRES PLATS ARE REQUIRED.

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 Gas112016-08-23215715
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 bbl$3,154
GasProduction137,942 Mcf$469,260
Total$472,414

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 36.0503, -101.1126. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.05033, -101.11262 · 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
8,700 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 8,700 ft.

Completions filed
Jan 2014
1 of 1 wells

1 well

42-2333281520748,700 ftJan 2014

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 (149)

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

149 months

May 20260473106.413.05$1,441
Apr 2026048998.932.87$1,403
Mar 2026050489.753.15$1,587
Feb 2026028863.503.75$1,080
Jan 2026043459.138.00$3,471
Dec 2025047456.664.41$2,092
Nov 2025044458.593.93$1,743
Oct 2025047459.383.30$1,566
Sep 2025047362.743.08$1,455
Aug 2025029163.933.01$877
Jul 2025047866.743.32$1,585
Jun 2025048566.483.13$1,517
May 2025051860.553.23$1,674
Apr 202509762.363.54$344
Mar 2025047067.704.27$2,006
Feb 2025039270.884.34$1,702
Jan 2025047474.324.28$2,028
Dec 2024042768.993.12$1,333
Nov 2024045169.052.20$992
Oct 2024024271.372.28$552
Sep 2024030569.612.36$721
Aug 2024035275.632.06$726
Jul 2024030879.932.15$661
Jun 2024037478.082.63$985
May 2024041578.812.20$912
Apr 2024057284.451.66$949
Mar 2024031880.301.55$491
Feb 2024025776.091.78$458
Jan 20240073.023.30$0
Dec 2023045371.262.61$1,183
Nov 2023043477.892.81$1,218
Oct 2023052385.443.09$1,615
Sep 2023036789.042.74$1,004
Aug 2023044180.522.67$1,179
Jul 20230074.852.64$0
Jun 2023046668.962.26$1,052
May 2023046770.622.23$1,040
Apr 2023047378.122.24$1,058
Mar 2023060672.852.39$1,450
Feb 2023027275.112.47$671
Jan 2023047276.533.39$1,599
Dec 2022050376.415.73$2,882
Nov 20220085.005.65$0
Oct 2022054887.185.86$3,213
Sep 2022054684.888.16$4,457
Aug 2022050794.529.13$4,627
Jul 20220552101.587.54$4,163
Jun 20220571115.097.98$4,555
May 20220642109.378.43$5,414
Apr 20220517104.226.84$3,535
Mar 20220399108.885.08$2,025
Feb 2022027491.054.86$1,331
Jan 2022044281.844.54$2,006
Dec 2021048671.323.90$1,895
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021049269.865.35$2,633
Aug 2021050366.024.22$2,123
Jul 2021045570.783.98$1,812
Jun 2021063869.493.38$2,157
May 2021064063.483.02$1,931
Apr 2021063460.362.76$1,749
Mar 2021064361.302.72$1,747
Feb 2021060457.805.55$3,351
Jan 2021073050.412.81$2,052
Dec 2020071044.642.68$1,900
Nov 2020067438.772.71$1,824
Oct 2020068636.972.48$1,700
Sep 2020067437.091.99$1,342
Aug 2020069439.982.39$1,655
Jul 2020073738.371.83$1,345
Jun 2020066834.901.69$1,129
May 2020069616.921.81$1,263
Apr 2020066914.751.80$1,207
Mar 2020067730.341.86$1,257
Feb 2020061049.881.98$1,208
Jan 2020069357.252.09$1,452
Dec 2019066759.012.30$1,537
Nov 2019059055.302.75$1,623
Oct 2019063553.472.42$1,536
Sep 2019065955.052.66$1,751
Aug 2019057253.112.30$1,318
Jul 2019058156.272.46$1,429
Jun 2019072552.782.49$1,806
May 201902,62858.482.74$7,202
Apr 2019080462.632.75$2,212
Mar 2019077756.803.06$2,379
Feb 2019067050.852.79$1,871
Jan 2019073946.033.23$2,386
Dec 2018077046.594.19$3,223
Nov 2018078452.934.24$3,322
Oct 2018081661.443.40$2,773
Sep 2018081259.543.11$2,524
Aug 2018073259.403.07$2,245
Jul 2018087565.142.93$2,565
Jun 2018084760.183.08$2,606
May 2018095965.382.90$2,782
Apr 2018081463.842.90$2,361
Mar 2018088661.222.79$2,469
Feb 2018079761.782.77$2,205
Jan 2018085562.874.01$3,428
Dec 2017091857.272.92$2,682
Nov 2017092655.423.12$2,888
Oct 201701,07749.292.98$3,213
Sep 2017065847.523.09$2,031
Aug 201701,03545.373.00$3,110
Jul 201701,17043.873.09$3,612
Jun 2017079942.493.09$2,467
May 201701,10745.373.26$3,613
Apr 201701,00647.933.21$3,231
Mar 201701,16146.772.98$3,464
Feb 2017573450.452.95$2,419
Jan 201701,14349.413.42$3,908
Dec 20165388148.763.72$5,864
Nov 201601,26642.492.64$3,348
Oct 201601,28746.193.09$3,977
Sep 201601,21141.553.10$3,755
Aug 201601,18041.442.92$3,451
Jul 201601,24941.622.92$3,653
Jun 201671,22945.352.69$3,618
May 201601,47442.521.99$2,935
Apr 201601,47936.561.99$2,945
Mar 201601,66133.011.79$2,980
Feb 201601,58326.472.06$3,267
Jan 201601,53327.352.36$3,625
Dec 201501,52932.362.00$3,060
Nov 201501,72138.792.17$3,730
Oct 201501,87443.552.43$4,547
Sep 201501,89342.992.76$5,222
Aug 201502,07040.162.87$5,946
Jul 201501,81548.152.95$5,345
Jun 201502,03956.152.88$5,878
May 201502,13655.212.96$6,313
Apr 201502,16649.822.71$5,862
Mar 201502,24142.892.93$6,577
Feb 201502,05644.662.98$6,119
Jan 201502,25543.433.10$6,992
Dec 201401,82354.693.59$6,547
Nov 201402,11470.464.25$8,988
Oct 201402,40278.303.90$9,370
Sep 201402,26086.164.05$9,143
Aug 201402,64089.394.04$10,653
Jul 201402,81596.564.18$11,766
Jun 201402,96298.164.74$14,031
May 201402,45194.734.73$11,585
Apr 201402,42795.944.81$11,672
Mar 201402,92495.895.06$14,786
Feb 201403,09297.406.19$19,146
Jan 201402,70990.404.86$13,168

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                  473 Mcf  × $  3.05 =     $1,441

────────────────────────────────────────────────────
Month total                                   $1,441

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/275908 is the state's own key, not one this site invented.