PRICE, L. M. -B-

Operated by PANTERA ENERGY COMPANY (P-5 638486) in the TEXAS HUGOTON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 278693District 10Field 89120001GasSaveExport
Value, all time
$1.7 M
Mar 2015 – May 2026
Value, last 12 filed months
$107 k
at the published price for each month
Months reported
135
no gaps in the span
Streams
1
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 1,719 leases and 1,719 wells, and the rule below applies to all of them.

Discovered
1945-06-25
as the register files it
Field class
Gas
the register's own label
Between wells
2,500 ft
minimum
From a lease line
1,250 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1996-02-01.

The Commission's schedule remark for this field reads: OPTIONS.

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
GasProduction543,953 Mcf$1,709,450
Total$1,709,450

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 36.2196, -101.9860. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.21964, -101.98596 · 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
3,242 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 3,242 ft.

Completions filed
Mar 2015
1 of 1 wells

1 well

42-4213122533,242 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 20263,784106.413.05$11,525
Apr 20262,97798.932.87$8,543
Mar 20262,32489.753.15$7,319
Feb 20261,29963.503.75$4,872
Jan 20261,36059.138.00$10,877
Dec 20252,77956.664.41$12,265
Nov 20253,08758.593.93$12,121
Oct 20253,30859.383.30$10,932
Sep 20252,90362.743.08$8,932
Aug 20252,71563.933.01$8,185
Jul 20251,41166.743.32$4,678
Jun 20252,31566.483.13$7,243
May 20252,80760.553.23$9,073
Apr 20253,01362.363.54$10,675
Mar 20252,44967.704.27$10,453
Feb 20251,93570.884.34$8,400
Jan 20252,48674.324.28$10,637
Dec 20243,61868.993.12$11,293
Nov 20243,44869.052.20$7,580
Oct 20243,99371.372.28$9,110
Sep 20243,95269.612.36$9,344
Aug 20244,03975.632.06$8,335
Jul 20244,36179.932.15$9,361
Jun 20243,72378.082.63$9,806
May 20243,81678.812.20$8,389
Apr 20243,97984.451.66$6,602
Mar 20243,72580.301.55$5,756
Feb 20243,06376.091.78$5,463
Jan 20242,29773.023.30$7,575
Dec 20233,82471.262.61$9,983
Nov 20233,81077.892.81$10,697
Oct 20234,08285.443.09$12,602
Sep 20233,80389.042.74$10,401
Aug 20234,26880.522.67$11,408
Jul 20234,22874.852.64$11,170
Jun 20234,19968.962.26$9,483
May 20234,07270.622.23$9,070
Apr 20233,85478.122.24$8,624
Mar 20233,80772.852.39$9,111
Feb 20233,62975.112.47$8,948
Jan 20233,56376.533.39$12,070
Dec 20223,08976.415.73$17,697
Nov 20223,43485.005.65$19,389
Oct 20222,52587.185.86$14,806
Sep 20223,21184.888.16$26,214
Aug 20223,83994.529.13$35,039
Jul 20223,447101.587.54$25,998
Jun 20223,718115.097.98$29,659
May 20223,969109.378.43$33,471
Apr 20223,260104.226.84$22,291
Mar 20223,436108.885.08$17,443
Feb 20223,04091.054.86$14,771
Jan 20223,79881.844.54$17,234
Dec 20213,96171.323.90$15,444
Nov 20213,69077.435.24$19,324
Oct 20214,53479.795.71$25,907
Sep 20214,22269.865.35$22,592
Aug 20214,80666.024.22$20,284
Jul 20212,77770.783.98$11,058
Jun 20213,50469.493.38$11,846
May 20213,81263.483.02$11,503
Apr 20214,28460.362.76$11,817
Mar 20214,47761.302.72$12,164
Feb 20212,36257.805.55$13,104
Jan 20213,77850.412.81$10,617
Dec 20204,17644.642.68$11,173
Nov 20204,59738.772.71$12,442
Oct 20204,85736.972.48$12,038
Sep 20204,90937.091.99$9,774
Aug 20204,94739.982.39$11,799
Jul 20205,18638.371.83$9,465
Jun 20205,01734.901.69$8,480
May 20204,79016.921.81$8,693
Apr 20204,48914.751.80$8,100
Mar 20204,24130.341.86$7,872
Feb 20204,06349.881.98$8,047
Jan 20204,41157.252.09$9,240
Dec 20194,70159.012.30$10,833
Nov 20194,64255.302.75$12,769
Oct 20194,12353.472.42$9,972
Sep 20196,06755.052.66$16,122
Aug 20195,04153.112.30$11,616
Jul 20192,45756.272.46$6,044
Jun 201912452.782.49$309
May 20194,60558.482.74$12,619
Apr 20194,36362.632.75$12,001
Mar 20194,15556.803.06$12,723
Feb 20193,99350.852.79$11,149
Jan 20194,75746.033.23$15,356
Dec 20184,75746.594.19$19,910
Nov 20184,45052.934.24$18,856
Oct 20185,08461.443.40$17,276
Sep 20184,44859.543.11$13,824
Aug 20184,78159.403.07$14,661
Jul 20184,57365.142.93$13,407
Jun 20184,37760.183.08$13,468
May 20183,81665.382.90$11,069
Apr 20183,81963.842.90$11,078
Mar 20184,24461.222.79$11,827
Feb 20184,01061.782.77$11,092
Jan 20183,96062.874.01$15,877
Dec 20173,82857.272.92$11,184
Nov 20174,15355.423.12$12,951
Oct 20174,43749.292.98$13,239
Sep 20175,93547.523.09$18,323
Aug 20174,22745.373.00$12,700
Jul 20173,41643.873.09$10,546
Jun 20173,00942.493.09$9,290
May 2017045.373.26$0
Apr 20171,72147.933.21$5,527
Mar 20173,65546.772.98$10,905
Feb 20173,27350.452.95$9,664
Jan 20173,43849.413.42$11,754
Dec 20163,22548.763.72$12,006
Nov 20164,33542.492.64$11,463
Oct 20164,43846.193.09$13,715
Sep 20164,24641.553.10$13,165
Aug 20164,79141.442.92$14,011
Jul 20164,83041.622.92$14,125
Jun 20165,45045.352.69$14,638
May 20165,93242.521.99$11,811
Apr 20164,95236.561.99$9,860
Mar 20166,15633.011.79$11,044
Feb 20166,09226.472.06$12,572
Jan 20166,90727.352.36$16,331
Dec 20155,86732.362.00$11,742
Nov 20156,20538.792.17$13,448
Oct 20157,09943.552.43$17,226
Sep 20154,14242.992.76$11,425
Aug 20156,57140.162.87$18,875
Jul 20156,67548.152.95$19,658
Jun 20157,19356.152.88$20,736
May 20158,28855.212.96$24,495
Apr 20158,24049.822.71$22,302
Mar 20153,11942.892.93$9,153

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
Gas                3,784 Mcf  × $  3.05 =    $11,525

────────────────────────────────────────────────────
Month total                                  $11,525

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/278693 is the state's own key, not one this site invented.