KELLN 327

Operated by PRESIDIO PETROLEUM LLC (P-5 676084) in the LIPSCOMB (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 278022District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
Dec 2014 – May 2026
Value, last 12 filed months
$197 k
at the published price for each month
Months reported
138
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 1,389 leases and 1,486 wells, and the rule below applies to all of them.

Discovered
1958-05-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: FIELD

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 Gas112017-04-12219860
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
CondensateDisposition22,040 bbl$1,081,399
GasProduction2,041,796 Mcf$6,014,776
Total$7,096,175

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 36.1574, -100.4732. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.15736, -100.47318 · 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
7,991 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 7,991 ft.

Completions filed
Dec 2014
1 of 1 wells

1 well

42-295341203H7,991 ftDec 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 (138)

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

138 months

May 202603,369106.413.05$10,261
Apr 20261643,48698.932.87$26,228
Mar 202603,73789.753.15$11,769
Feb 202603,75763.503.75$14,090
Jan 202603,35859.138.00$26,857
Dec 202503,98356.664.41$17,578
Nov 20251513,97358.593.93$24,447
Oct 202504,05459.383.30$13,398
Sep 202503,99462.743.08$12,289
Aug 202503,66363.933.01$11,043
Jul 202502,91966.743.32$9,677
Jun 20251672,57766.483.13$19,165
May 202502,50060.553.23$8,081
Apr 202502,80362.363.54$9,931
Mar 202503,21667.704.27$13,727
Feb 202501,87670.884.34$8,143
Jan 20251712,77174.324.28$24,565
Dec 202403,73168.993.12$11,646
Nov 202402,89869.052.20$6,371
Oct 202402,76771.372.28$6,313
Sep 202403,29469.612.36$7,788
Aug 202404,18475.632.06$8,634
Jul 20240079.932.15$0
Jun 2024021378.082.63$561
May 20241501,30778.812.20$14,695
Apr 202403,07884.451.66$5,107
Mar 20240080.301.55$0
Feb 202403,90876.091.78$6,970
Jan 20241863,87273.023.30$26,350
Dec 202304,16871.262.61$10,881
Nov 202304,16377.892.81$11,688
Oct 202303,82385.443.09$11,803
Sep 20231744,29089.042.74$27,226
Aug 202304,43980.522.67$11,865
Jul 202304,44974.852.64$11,753
Jun 202304,99568.962.26$11,281
May 202303,15370.622.23$7,023
Apr 202303,71178.122.24$8,304
Mar 2023744,51672.852.39$16,198
Feb 20231864,21975.112.47$24,373
Jan 202304,94876.533.39$16,762
Dec 202204,82176.415.73$27,620
Nov 202204,48685.005.65$25,329
Oct 202204,67487.185.86$27,407
Sep 20221743,92884.888.16$46,836
Aug 202205,52894.529.13$50,455
Jul 202204,668101.587.54$35,206
Jun 202205,290115.097.98$42,199
May 20221785,423109.378.43$65,200
Apr 202206,412104.226.84$43,843
Mar 202206,248108.885.08$31,717
Feb 20221805,64791.054.86$43,827
Jan 202206,27381.844.54$28,465
Dec 202105,63071.323.90$21,952
Nov 202105,82977.435.24$30,526
Oct 20211876,73779.795.71$53,415
Sep 202108,38669.865.35$44,873
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202102,29469.493.38$7,755
May 202104,87663.483.02$14,714
Apr 20211833,93760.362.76$21,906
Mar 202104,54761.302.72$12,354
Feb 202103,05157.805.55$16,927
Jan 202106,28650.412.81$17,665
Dec 20201884,92544.642.68$21,569
Nov 202005,05438.772.71$13,679
Oct 202004,07736.972.48$10,105
Sep 202005,30637.091.99$10,564
Aug 20201815,42339.982.39$20,171
Jul 202005,46938.371.83$9,982
Jun 2020011,10334.901.69$18,768
May 2020013,80916.921.81$25,060
Apr 202018415,04914.751.80$29,868
Mar 2020016,15330.341.86$29,984
Feb 202018414,57049.881.98$38,036
Jan 2020016,78457.252.09$35,158
Dec 2019017,97559.012.30$41,421
Nov 201918515,48455.302.75$52,822
Oct 2019015,53353.472.42$37,567
Sep 2019015,96755.052.66$42,429
Aug 201918014,24853.112.30$42,392
Jul 201907,90156.272.46$19,437
Jun 201909,01952.782.49$22,468
May 20191809,19658.482.74$35,726
Apr 201908,97562.632.75$24,688
Mar 20191908,68656.803.06$37,389
Feb 201908,60250.852.79$24,019
Jan 20191919,40246.033.23$39,143
Dec 201809,57146.594.19$40,059
Nov 20181879,58252.934.24$50,499
Oct 2018010,55061.443.40$35,850
Sep 2018010,56059.543.11$32,820
Aug 201818111,32459.403.07$45,477
Jul 2018011,57165.142.93$33,925
Jun 2018011,78560.183.08$36,262
May 201817912,73065.382.90$48,630
Apr 2018012,57863.842.90$36,486
Mar 201818213,41961.222.79$48,539
Feb 2018012,60361.782.77$34,861
Jan 201818410362.874.01$11,981
Dec 201718514,79657.272.92$53,822
Nov 2017015,15455.423.12$47,256
Oct 201717414,94149.292.98$53,156
Sep 201718716,36547.523.09$59,410
Aug 2017016,94445.373.00$50,907
Jul 201717817,78243.873.09$62,707
Jun 2017015,18442.493.09$46,877
May 201717915,60345.373.26$59,040
Apr 2017013,73547.933.21$44,111
Mar 201718215,80946.772.98$55,681
Feb 201718411,75950.452.95$44,002
Jan 201718118,00449.413.42$70,495
Dec 201618620,30448.763.72$84,658
Nov 201617820,76242.492.64$62,465
Oct 201618522,62746.193.09$78,468
Sep 201636823,02441.553.10$86,679
Aug 201618424,76341.442.92$80,040
Jul 201617726,04841.622.92$83,540
Jun 201618126,92445.352.69$80,522
May 201635628,19342.521.99$71,271
Apr 201636528,64336.561.99$70,374
Mar 201637531,92533.011.79$69,653
Feb 201619132,83326.472.06$72,811
Jan 201656837,43127.352.36$104,035
Dec 201537840,85332.362.00$93,996
Nov 201555443,71738.792.17$116,239
Oct 201537548,57443.552.43$134,200
Sep 201553150,32542.992.76$161,645
Aug 201555753,21740.162.87$175,234
Jul 201554836,46648.152.95$133,781
Jun 201589568,84956.152.88$248,736
May 201592678,29555.212.96$282,521
Apr 20151,28985,07549.822.71$294,479
Mar 20151,70299,11342.892.93$363,867
Feb 20151,746102,74744.662.98$383,771
Jan 20152,491131,02843.433.10$514,453
Dec 201438357,76554.693.59$228,401

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                3,369 Mcf  × $  3.05 =    $10,261

────────────────────────────────────────────────────
Month total                                  $10,261

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/278022 is the state's own key, not one this site invented.