HEFLEY 47

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

Gas lease lease 276719District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.6 M
Feb 2014 – May 2026
Value, last 12 filed months
$521 k
at the published price for each month
Months reported
148
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 1,387 leases and 1,388 wells, and the rule below applies to all of them.

Discovered
1974-09-09
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2016-03-29.

The Commission's schedule remark for this field reads: 01-30-2024

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 Gas112015-06-16214185
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
CondensateDisposition60,888 bbl$3,845,284
GasProduction2,221,177 Mcf$7,775,649
Total$11,620,933

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 35.6190, -100.3059. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.61898, -100.30592 · 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
11,573 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 11,573 ft.

Completions filed
Feb 2014
1 of 1 wells

1 well

42-4833371233SL11,573 ftFeb 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 (148)

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

148 months

May 202600106.413.05$0
Apr 20263808,47598.932.87$61,914
Mar 20262918,75189.753.15$53,678
Feb 202614811,60363.503.75$52,913
Jan 20261677,72359.138.00$71,643
Dec 20255378,04256.664.41$65,919
Nov 20252398,41958.593.93$47,060
Oct 202509,23359.383.30$30,514
Sep 20251747,58762.743.08$34,261
Aug 20251658,36063.933.01$35,752
Jul 20251497,37866.743.32$34,404
Jun 20251527,14466.483.13$32,457
May 202507,82560.553.23$25,293
Apr 20252847,47362.363.54$44,188
Mar 20251386,72767.704.27$38,056
Feb 20251597,79570.884.34$45,107
Jan 20254676,74174.324.28$63,550
Dec 20241364,73868.993.12$24,172
Nov 20241407,44269.052.20$26,028
Oct 20241407,37671.372.28$26,819
Sep 20241397,84869.612.36$28,231
Aug 20241419,31075.632.06$29,876
Jul 20242669,61479.932.15$41,899
Jun 20242727,93078.082.63$42,125
May 20242868,65078.812.20$41,556
Apr 20241406,96484.451.66$23,378
Mar 20241307,99380.301.55$22,789
Feb 20241516,88276.091.78$23,765
Jan 20241456,29573.023.30$31,347
Dec 202308,79071.262.61$22,948
Nov 20231894,43977.892.81$27,184
Oct 20233065,87185.443.09$44,270
Sep 20231376,06889.042.74$28,795
Aug 20231336,08780.522.67$26,979
Jul 20231315,76774.852.64$25,041
Jun 20231295,14768.962.26$20,520
May 20231505,75370.622.23$23,407
Apr 20231646,25778.122.24$26,813
Mar 20231595,91172.852.39$25,729
Feb 20231554,70375.112.47$23,238
Jan 20231373,82176.533.39$23,429
Dec 20221605,83776.415.73$45,666
Nov 20221512,61085.005.65$27,572
Oct 20221395,92887.185.86$46,878
Sep 202206,55184.888.16$53,480
Aug 20221405,72394.529.13$65,468
Jul 20221515,240101.587.54$54,859
Jun 20221295,824115.097.98$61,306
May 20221453,675109.378.43$46,850
Apr 20221525,334104.226.84$52,313
Mar 20221543,525108.885.08$34,662
Feb 20221664,09991.054.86$35,031
Jan 20222884,71181.844.54$44,947
Dec 20212904,97471.323.90$40,077
Nov 20211735,65177.435.24$42,989
Oct 20212634,48979.795.71$46,634
Sep 20212646,92069.865.35$55,471
Aug 20211826,41066.024.22$39,070
Jul 20211788,32070.783.98$45,730
Jun 20211786,41269.493.38$34,046
May 20213565,89263.483.02$40,379
Apr 20211818,18460.362.76$33,500
Mar 20211789,45261.302.72$36,592
Feb 20211775,10457.805.55$38,547
Jan 20214478,57750.412.81$46,637
Dec 20201828,73344.642.68$31,489
Nov 20203607,71938.772.71$34,849
Oct 20201729,03036.972.48$28,739
Sep 20202389,50837.091.99$27,758
Aug 202027710,05339.982.39$35,052
Jul 202040110,92338.371.83$35,322
Jun 202036710,82534.901.69$31,106
May 202035812,35916.921.81$28,486
Apr 202034412,38914.751.80$27,428
Mar 202041511,30330.341.86$33,572
Feb 202035511,07949.881.98$39,651
Jan 202036312,16957.252.09$46,273
Dec 201961511,61359.012.30$63,052
Nov 201918721,03555.302.75$68,202
Oct 201943110,37553.472.42$48,138
Sep 201916711,80255.052.66$40,555
Aug 201935511,94853.112.30$46,387
Jul 201935810,42156.272.46$45,781
Jun 20193619,45152.782.49$42,598
May 201934910,13858.482.74$48,191
Apr 201933910,78562.632.75$50,898
Mar 20194349,57156.803.06$53,959
Feb 201936210,03050.852.79$46,414
Jan 20193729,19546.033.23$46,806
Dec 20184329,56746.594.19$60,169
Nov 201853813,08852.934.24$83,933
Oct 20181814,59061.443.40$26,718
Sep 20184034,77059.543.11$38,820
Aug 20181684,53159.403.07$23,874
Jul 20184054,17665.142.93$38,625
Jun 20181879,26660.183.08$39,764
May 201853010,88665.382.90$66,230
Apr 20183537,46863.842.90$44,199
Mar 20183727,10461.222.79$42,572
Feb 20181664,59861.782.77$22,974
Jan 20184848,89562.874.01$66,092
Dec 20171958,41657.272.92$35,755
Nov 20173467,23655.423.12$41,740
Oct 201719210,36149.292.98$40,378
Sep 20173459,19147.523.09$44,770
Aug 201720510,17945.373.00$39,883
Jul 201736510,36543.873.09$48,012
Jun 201736113,80042.493.09$57,943
May 201736711,72345.373.26$54,908
Apr 201731315,00547.933.21$63,192
Mar 201758418,80946.772.98$83,434
Feb 201729214,76850.452.95$58,335
Jan 201745515,02449.413.42$73,846
Dec 201659618,79248.763.72$99,020
Nov 201632820,41942.492.64$67,932
Oct 201666521,30546.193.09$96,554
Sep 201651421,48041.553.10$87,958
Aug 201648620,44941.442.92$79,940
Jul 201672022,47741.622.92$95,697
Jun 201641221,04145.352.69$75,197
May 201641122,15942.521.99$61,595
Apr 201650419,80936.561.99$57,867
Mar 201677422,29933.011.79$65,554
Feb 201626218,26826.472.06$44,634
Jan 201646217,47727.352.36$53,958
Dec 201537817,03532.362.00$46,326
Nov 201545322,63138.792.17$66,621
Oct 201562528,89443.552.43$97,332
Sep 201592930,02542.992.76$122,759
Aug 201562433,65240.162.87$121,725
Jul 201581424,73848.152.95$112,049
Jun 201569425,69956.152.88$113,055
May 20151,22132,38455.212.96$163,121
Apr 20151,31940,59449.822.71$175,583
Mar 201584841,66542.892.93$158,645
Feb 20151,15337,49844.662.98$163,094
Jan 20151,40643,11143.433.10$194,734
Dec 20141,26548,43054.693.59$243,112
Nov 20141,07550,04670.464.25$288,532
Oct 20141,55457,25878.303.90$345,039
Sep 20141,47659,83586.164.05$369,231
Aug 20141,57366,00289.394.04$406,936
Jul 20141,39062,76396.564.18$396,543
Jun 201496940,60598.164.74$287,458
May 20141,06144,90694.734.73$312,759
Apr 20141,57356,39795.944.81$422,134
Mar 20142,23082,16995.895.06$629,347
Feb 20141,755104,22197.406.19$816,273

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.

Apr 2026 — as filed, then multipliedworked
Condensate           380 bbl  × $ 98.93 =    $37,593
Gas                8,475 Mcf  × $  2.87 =    $24,321

────────────────────────────────────────────────────
Month total                                  $61,914

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/276719 is the state's own key, not one this site invented.