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BAGLEY 16

Operated by MEWBOURNE OIL COMPANY (P-5 562560) 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 276559District 10Field 687351202 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.3 M
Aug 2014 – May 2026
Value, last 12 filed months
$480 k
at the published price for each month
Months reported
142
no gaps in the span
Streams
2
condensate, gas

The PAN PETRO (CLEVELAND) field

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 Gas112015-10-20216405
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
CondensateDisposition92,629 bbl$5,584,649
GasProduction1,193,435 Mcf$3,745,814
Total$9,330,463

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 36.1050, -101.0390. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.10502, -101.03896 · 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
6,575 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 6,575 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-357334343H6,575 ftAug 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 (142)

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

142 months

May 20261943,603106.413.05$31,618
Apr 20265785,69498.932.87$73,522
Mar 20261874,69689.753.15$31,573
Feb 202602,07863.503.75$7,793
Jan 20263714,38159.138.00$56,976
Dec 20253945,11656.664.41$44,903
Nov 20253896,00658.593.93$46,374
Oct 202502,86759.383.30$9,475
Sep 20253834,60262.743.08$38,189
Aug 20251974,54963.933.01$26,308
Jul 20255875,58366.743.32$57,685
Jun 20255815,33166.483.13$55,304
May 20253865,28060.553.23$40,439
Apr 20255745,60162.363.54$55,640
Mar 20253904,52667.704.27$45,721
Feb 20255794,59670.884.34$60,990
Jan 20257785,35274.324.28$80,720
Dec 20246055,52468.993.12$58,981
Nov 20247755,08869.052.20$64,699
Oct 20243795,67471.372.28$39,994
Sep 20247574,86169.612.36$64,188
Aug 20241936,53575.632.06$28,082
Jul 20245816,59479.932.15$60,594
Jun 20245716,06678.082.63$60,561
May 20245956,42678.812.20$61,019
Apr 20245906,06984.451.66$59,895
Mar 20245916,01980.301.55$56,757
Feb 20243955,66376.091.78$40,156
Jan 20245835,49973.023.30$60,704
Dec 20235846,37871.262.61$58,267
Nov 20233955,24877.892.81$45,501
Oct 20235644,45385.443.09$61,936
Sep 20237386,21489.042.74$82,707
Aug 20235565,35180.522.67$59,072
Jul 20235745,31874.852.64$57,013
Jun 20235745,35668.962.26$51,679
May 20237775,24270.622.23$66,548
Apr 20235874,81378.122.24$56,627
Mar 20237765,08072.852.39$68,689
Feb 20235883,90675.112.47$53,796
Jan 20235944,89876.533.39$62,052
Dec 20223954,96776.415.73$58,638
Nov 20221933,57185.005.65$36,568
Oct 20221913,90287.185.86$39,532
Sep 20221933,93584.888.16$48,506
Aug 20223533,95194.529.13$69,427
Jul 202203,978101.587.54$30,002
Jun 20221883,853115.097.98$52,373
May 20221913,991109.378.43$54,546
Apr 202203,064104.226.84$20,950
Mar 20221813,834108.885.08$39,170
Feb 20221943,42091.054.86$34,281
Jan 20221973,66781.844.54$32,762
Dec 20211923,49371.323.90$27,313
Nov 202103,77677.435.24$19,774
Oct 20211933,72979.795.71$36,706
Sep 20212013,82069.865.35$34,482
Aug 202103,79466.024.22$16,013
Jul 20211884,20170.783.98$30,035
Jun 2021173,37469.493.38$12,588
May 20211924,25363.483.02$25,022
Apr 20211944,41760.362.76$23,894
Mar 20211933,40361.302.72$21,077
Feb 202104,00757.805.55$22,231
Jan 20211934,82650.412.81$23,291
Dec 20201923,85144.642.68$18,874
Nov 202003,45738.772.71$9,357
Oct 202003,57436.972.48$8,858
Sep 20201883,46437.091.99$13,870
Aug 202003,69439.982.39$8,811
Jul 202003,05138.371.83$5,568
Jun 202003,16234.901.69$5,345
May 202003,18416.921.81$5,778
Apr 202003,05914.751.80$5,520
Mar 202002,92830.341.86$5,435
Feb 202002,71149.881.98$5,370
Jan 202002,96557.252.09$6,211
Dec 20191913,41759.012.30$19,145
Nov 20191924,58055.302.75$23,216
Oct 20192014,52353.472.42$21,687
Sep 201904,99355.052.66$13,268
Aug 20191874,35253.112.30$19,960
Jul 20193395,18856.272.46$31,838
Jun 20193616,09452.782.49$34,235
May 201905,41958.482.74$14,850
Apr 20191714,36962.632.75$22,728
Mar 20191905,35456.803.06$27,186
Feb 201904,33650.852.79$12,107
Jan 20191826,18446.033.23$28,341
Dec 20181803,31846.594.19$22,273
Nov 20181784,90852.934.24$30,218
Oct 20181805,49361.443.40$29,725
Sep 201806,10359.543.11$18,968
Aug 201808,19659.403.07$25,134
Jul 20183318,31465.142.93$45,937
Jun 20181745,74960.183.08$28,161
May 20185458,27365.382.90$59,630
Apr 20181677,13363.842.90$31,353
Mar 20183647,76261.222.79$43,916
Feb 20183647,09861.782.77$42,122
Jan 20181817,99362.874.01$43,426
Dec 20175228,28357.272.92$54,094
Nov 20175548,89055.423.12$58,425
Oct 20173659,77149.292.98$47,144
Sep 20175519,85547.523.09$56,609
Aug 201771510,72945.373.00$64,674
Jul 201736811,25743.873.09$50,898
Jun 20175538,80742.493.09$50,687
May 201756111,47545.373.26$62,900
Apr 201752411,67047.933.21$62,595
Mar 201755112,14346.772.98$62,001
Feb 201755810,70050.452.95$59,744
Jan 20173639,58249.413.42$50,695
Dec 201675613,25048.763.72$86,190
Nov 201691714,16642.492.64$76,423
Oct 201669915,37846.193.09$79,809
Sep 201673814,93041.553.10$76,956
Aug 201694216,21341.442.92$86,449
Jul 201690116,56441.622.92$85,938
Jun 201691216,26245.352.69$85,036
May 20161,08816,34942.521.99$78,813
Apr 20161,09317,00336.561.99$73,814
Mar 20161,28016,84533.011.79$72,473
Feb 20161,07816,26026.472.06$62,089
Jan 20161,05017,87827.352.36$70,988
Dec 20151,10016,32632.362.00$68,271
Nov 20151,46219,74938.792.17$99,514
Oct 20151,49720,98843.552.43$116,123
Sep 20151,84621,40442.992.76$138,401
Aug 20151,65821,03340.162.87$127,002
Jul 20151,81423,73348.152.95$157,240
Jun 20152,38522,21256.152.88$197,952
May 20152,05525,72455.212.96$189,483
Apr 20152,96524,34149.822.71$213,597
Mar 20152,82525,09942.892.93$194,823
Feb 20151,93018,27444.662.98$140,581
Jan 20153,25123,12443.433.10$212,890
Dec 20143,39328,22254.693.59$286,919
Nov 20144,88931,30170.464.25$477,566
Oct 20144,28023,93378.303.90$428,486
Sep 20144,43524,37886.164.05$480,739
Aug 20143,81825,72389.394.04$445,086

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                3,603 Mcf  × $  3.05 =    $10,974

────────────────────────────────────────────────────
Month total                                  $31,618

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/276559 is the state's own key, not one this site invented.