SHELL FEE 45

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 278396District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.0 M
Mar 2015 – May 2026
Value, last 12 filed months
$325 k
at the published price for each month
Months reported
135
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 Gas112017-12-20220025
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
CondensateDisposition46,930 bbl$2,377,576
GasProduction2,923,873 Mcf$8,619,016
Total$10,996,591

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 35.7928, -100.1931. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.79280, -100.19307 · 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
11,257 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 11,257 ft.

Completions filed
Mar 2015
1 of 1 wells

1 well

42-211354192H11,257 ftMar 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 (135)

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

135 months

May 20261905,760106.413.05$37,762
Apr 202605,53998.932.87$15,895
Mar 20261925,81189.753.15$35,533
Feb 202604,47763.503.75$16,790
Jan 202605,36159.138.00$42,877
Dec 20251255,58056.664.41$31,709
Nov 2025545,17158.593.93$23,467
Oct 20251005,73359.383.30$24,885
Sep 202505,66262.743.08$17,422
Aug 20251075,95863.933.01$24,802
Jul 2025596,07666.743.32$24,081
Jun 20251815,72166.483.13$29,932
May 202506,14860.553.23$19,872
Apr 20251915,90062.363.54$32,815
Mar 202506,01967.704.27$25,691
Feb 202505,08970.884.34$22,091
Jan 20251786,19474.324.28$39,731
Dec 20241776,41268.993.12$32,225
Nov 202406,28669.052.20$13,819
Oct 20241086,46471.372.28$22,455
Sep 202405,67469.612.36$13,415
Aug 20241786,46875.632.06$26,810
Jul 20241046,69579.932.15$22,684
Jun 202405,24978.082.63$13,826
May 20241676,81278.812.20$28,137
Apr 202405,11284.451.66$8,482
Mar 202417786980.301.55$15,556
Feb 20241606,53376.091.78$23,827
Jan 202406,91773.023.30$22,810
Dec 202306,83671.262.61$17,847
Nov 20231836,93677.892.81$33,727
Oct 20231047,42685.443.09$31,812
Sep 202307,10289.042.74$19,424
Aug 20232957,38380.522.67$43,487
Jul 2023587,01774.852.64$22,879
Jun 20231837,25068.962.26$28,994
May 202307,82070.622.23$17,418
Apr 202307,68478.122.24$17,195
Mar 20231817,90972.852.39$32,113
Feb 20231957,29575.112.47$32,634
Jan 202307,89276.533.39$26,736
Dec 20221977,41176.415.73$57,511
Nov 202207,71385.005.65$43,549
Oct 20221618,12687.185.86$61,685
Sep 20221877,48684.888.16$76,986
Aug 202207,87494.529.13$71,867
Jul 20222827,975101.587.54$88,794
Jun 202207,693115.097.98$61,369
May 20221648,053109.378.43$85,848
Apr 202207,612104.226.84$52,048
Mar 20222007,702108.885.08$60,874
Feb 202207,84991.054.86$38,137
Jan 20221838,48781.844.54$53,488
Dec 202118810,00571.323.90$52,419
Nov 202108,96577.435.24$46,948
Oct 202117610,41679.795.71$73,559
Sep 2021010,46069.865.35$55,971
Aug 202119010,82666.024.22$58,236
Jul 202119110,85370.783.98$56,736
Jun 2021010,69069.493.38$36,139
May 202119110,80063.483.02$44,716
Apr 202119510,96860.362.76$42,025
Mar 2021011,59261.302.72$31,495
Feb 20211919,63757.805.55$64,505
Jan 202119512,05150.412.81$43,697
Dec 202018611,96244.642.68$40,307
Nov 202018411,84738.772.71$39,198
Oct 202017911,84736.972.48$35,980
Sep 2020012,07537.091.99$24,042
Aug 202017912,63839.982.39$37,299
Jul 202018212,96338.371.83$30,642
Jun 202018512,64534.901.69$27,830
May 2020013,54416.921.81$24,579
Apr 202024913,47914.751.80$27,994
Mar 202018414,06730.341.86$31,694
Feb 202019613,48249.881.98$36,480
Jan 2020014,58957.252.09$30,560
Dec 201918714,75559.012.30$45,036
Nov 201917314,62255.302.75$49,788
Oct 201917915,30353.472.42$46,582
Sep 201917815,30355.052.66$50,463
Aug 201917416,04453.112.30$46,212
Jul 201917816,40556.272.46$50,373
Jun 201916616,04452.782.49$48,730
May 201941916,66158.482.74$70,160
Apr 2019016,39262.632.75$45,089
Mar 201918717,71556.803.06$64,867
Feb 201919616,43550.852.79$55,857
Jan 201936218,32746.033.23$75,826
Dec 201818618,46846.594.19$85,962
Nov 201815518,27952.934.24$85,657
Oct 201818019,57861.443.40$77,587
Sep 201817518,93459.543.11$69,266
Aug 201852620,15359.403.07$93,045
Jul 201817320,28765.142.93$70,748
Jun 201818919,95560.183.08$72,774
May 201818121,02065.382.90$72,809
Apr 201817820,80663.842.90$71,718
Mar 201819122,05661.222.79$73,160
Feb 201836519,43961.782.77$76,320
Jan 201854322,56962.874.01$124,625
Dec 201718523,93957.272.92$80,533
Nov 201718024,50955.423.12$86,403
Oct 201718826,26649.292.98$87,636
Sep 201735525,77447.523.09$96,441
Aug 201717627,22845.373.00$89,789
Jul 201735727,44443.873.09$100,389
Jun 201717828,09242.493.09$94,291
May 201735730,62745.373.26$116,145
Apr 201737130,65547.933.21$116,234
Mar 201717633,47446.772.98$108,107
Feb 201753129,40550.452.95$113,610
Jan 201718429,83049.413.42$111,074
Dec 201637533,54748.763.72$143,175
Nov 201653235,70642.492.64$117,024
Oct 201672038,95546.193.09$153,638
Sep 201635239,54541.553.10$137,240
Aug 201652843,16041.442.92$148,095
Jul 201653144,50841.622.92$152,257
Jun 201654144,80445.352.69$144,870
May 201652949,24942.521.99$120,550
Apr 20161,20351,10836.561.99$145,740
Mar 201691449,50433.011.79$118,982
Feb 201672151,30926.472.06$124,968
Jan 20161,25660,77627.352.36$178,048
Dec 20151,10556,58632.362.00$149,010
Nov 201571865,84438.792.17$170,557
Oct 20151,26081,44343.552.43$252,501
Sep 20151,42998,30942.992.76$332,610
Aug 20151,793106,79640.162.87$378,777
Jul 20152,477126,29348.152.95$491,211
Jun 20153,164110,08056.152.88$495,004
May 20153,364118,32855.212.96$535,439
Apr 20153,679124,43649.822.71$520,083
Mar 20152,79890,17242.892.93$384,635

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           190 bbl  × $106.41 =    $20,218
Gas                5,760 Mcf  × $  3.05 =    $17,544

────────────────────────────────────────────────────
Month total                                  $37,762

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/278396 is the state's own key, not one this site invented.