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FLOWERS READ 53

Operated by PRESIDIO PETROLEUM LLC (P-5 676084) 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 278051District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.2 M
Feb 2015 – May 2026
Value, last 12 filed months
$480 k
at the published price for each month
Months reported
136
no gaps in the span
Streams
2
condensate, gas

The BUFFALO WALLOW (GRANITE WASH) 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 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 Gas112017-12-20220019
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
CondensateDisposition29,821 bbl$1,619,536
GasProduction2,466,832 Mcf$7,584,847
Total$9,204,383

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 35.7495, -100.2296. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.74952, -100.22957 · 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
11,108 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 11,108 ft.

Completions filed
Feb 2015
1 of 1 wells

1 well

42-211354252H11,108 ftFeb 2015——

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 (136)

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

136 months

May 20261858,904106.413.05$46,806
Apr 202609,30498.932.87$26,700
Mar 20261269,62089.753.15$41,606
Feb 202608,00363.503.75$30,014
Jan 20261848,54859.138.00$79,246
Dec 202508,88856.664.41$39,226
Nov 20251138,60358.593.93$40,400
Oct 2025689,07259.383.30$34,019
Sep 202508,69662.743.08$26,757
Aug 20251939,26663.933.01$40,273
Jul 2025499,78166.743.32$35,696
Jun 20251589,11166.483.13$39,010
May 202509,12260.553.23$29,485
Apr 20251709,34562.363.54$43,712
Mar 20251009,38767.704.27$46,837
Feb 202508,29970.884.34$36,025
Jan 2025909,36374.324.28$46,750
Dec 20241859,55768.993.12$42,594
Nov 202409,26769.052.20$20,373
Oct 202410410,37271.372.28$31,085
Sep 20246810,16069.612.36$28,755
Aug 202417810,63575.632.06$35,409
Jul 20247010,70479.932.15$28,572
Jun 2024989,67478.082.63$33,133
May 20244410,45378.812.20$26,448
Apr 202426910,51384.451.66$40,160
Mar 202413110,64080.301.55$26,959
Feb 202418810,04476.091.78$32,220
Jan 2024010,67273.023.30$35,193
Dec 202319110,84771.262.61$41,929
Nov 2023010,47177.892.81$29,398
Oct 2023010,91985.443.09$33,710
Sep 202318410,66189.042.74$45,542
Aug 202317210,37880.522.67$41,589
Jul 2023010,74874.852.64$28,394
Jun 202319410,60968.962.26$37,338
May 202312510,86770.622.23$33,033
Apr 202320010,59478.122.24$39,331
Mar 2023010,82072.852.39$25,894
Feb 20231929,28475.112.47$37,312
Jan 2023010,77676.533.39$36,506
Dec 202219010,95976.415.73$77,303
Nov 2022010,47785.005.65$59,155
Oct 202218911,15987.185.86$81,911
Sep 20228410,92884.888.16$96,343
Aug 202219011,33994.529.13$121,452
Jul 2022011,370101.587.54$85,753
Jun 202219311,009115.097.98$110,033
May 202218411,425109.378.43$116,472
Apr 20224211,151104.226.84$80,623
Mar 202219111,261108.885.08$77,961
Feb 2022010,31791.054.86$50,129
Jan 202217010,63181.844.54$62,153
Dec 2021010,70971.323.90$41,756
Nov 202120410,24877.435.24$69,463
Oct 202111610,73079.795.71$70,565
Sep 202114111,24269.865.35$70,005
Aug 202110111,54666.024.22$55,399
Jul 202111512,14670.783.98$56,506
Jun 202117812,09869.493.38$53,268
May 202112912,45963.483.02$45,786
Apr 202118311,51860.362.76$42,817
Mar 202119611,33961.302.72$42,822
Feb 202109,91357.805.55$54,997
Jan 202119412,17750.412.81$44,000
Dec 202017611,77644.642.68$39,363
Nov 2020011,28838.772.71$30,552
Oct 202018311,42136.972.48$35,072
Sep 202018410,55437.091.99$27,838
Aug 202041311,38439.982.39$43,664
Jul 2020011,74038.371.83$21,427
Jun 202036611,71034.901.69$32,567
May 2020012,59316.921.81$22,853
Apr 202018514,17514.751.80$28,306
Mar 2020014,90830.341.86$27,673
Feb 202037214,52449.881.98$47,323
Jan 202018815,71357.252.09$43,678
Dec 201918615,65059.012.30$47,039
Nov 201918114,98755.302.75$51,234
Oct 201937315,66953.472.42$57,840
Sep 2019015,80955.052.66$42,009
Aug 201917716,51053.112.30$47,445
Jul 201916616,67856.272.46$50,370
Jun 201918016,02352.782.49$49,417
May 201919216,97158.482.74$57,734
Apr 201937116,78662.632.75$69,409
Mar 201920117,66756.803.06$65,515
Feb 201922016,35550.852.79$56,854
Jan 201937218,41046.033.23$76,554
Dec 201819717,92046.594.19$84,181
Nov 201818417,80952.934.24$85,200
Oct 201819818,56061.443.40$75,233
Sep 201819117,84959.543.11$66,847
Aug 201816619,07659.403.07$68,358
Jul 201836419,32665.142.93$80,372
Jun 201836018,75160.183.08$79,360
May 201818619,68165.382.90$69,251
Apr 2018019,31863.842.90$56,038
Mar 201836819,50761.222.79$76,892
Feb 201819617,78561.782.77$61,304
Jan 201831620,93562.874.01$103,802
Dec 201717120,63557.272.92$70,079
Nov 201738121,35455.423.12$87,704
Oct 201735822,49949.292.98$84,776
Sep 201729322,13147.523.09$82,248
Aug 20179423,75845.373.00$75,643
Jul 201733724,90543.873.09$91,673
Jun 201718024,19342.493.09$82,339
May 201731324,82245.373.26$95,205
Apr 201736323,78447.933.21$93,783
Mar 201725223,18146.772.98$80,951
Feb 201735121,83550.452.95$82,178
Jan 201735925,25749.413.42$104,087
Dec 201628126,31348.763.72$111,660
Nov 201644225,86942.492.64$87,187
Oct 201644628,36446.193.09$108,253
Sep 201629129,09941.553.10$102,316
Aug 201635830,45441.442.92$103,893
Jul 201636130,62241.622.92$104,574
Jun 201652830,35245.352.69$105,465
May 201636332,18842.521.99$79,522
Apr 201635631,97536.561.99$76,679
Mar 201632132,46933.011.79$68,846
Feb 201647031,54526.472.06$77,538
Jan 201654635,71027.352.36$99,364
Dec 201536438,22732.362.00$88,287
Nov 201536340,19138.792.17$101,188
Oct 201572645,11843.552.43$141,100
Sep 201519647,72742.992.76$140,077
Aug 201576352,29740.162.87$180,865
Jul 201587554,04648.152.95$201,301
Jun 201574752,86856.152.88$194,355
May 201568763,13855.212.96$224,530
Apr 20151,31169,98049.822.71$254,720
Mar 201575064,09142.892.93$220,256
Feb 201539348,88944.662.98$163,054

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           185 bbl  × $106.41 =    $19,686
Gas                8,904 Mcf  × $  3.05 =    $27,120

────────────────────────────────────────────────────
Month total                                  $46,806

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/278051 is the state's own key, not one this site invented.