SNEED

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

Gas lease lease 278701District 10Field 68831001GasSaveExport
Value, all time
$920 k
May 2015 – May 2026
Value, last 12 filed months
$62 k
at the published price for each month
Months reported
133
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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY SUSPENDED.

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
GasProduction290,483 Mcf$919,894
Total$919,894

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 35.8072, -101.7765. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.80720, -101.77646 · 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
2,890 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 2,890 ft.

Completions filed
May 2015
1 of 1 wells

1 well

42-3413333914222,890 ftMay 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 (133)

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

133 months

May 20261,884106.413.05$5,738
Apr 20261,96398.932.87$5,633
Mar 20261,98589.753.15$6,252
Feb 20261,23163.503.75$4,617
Jan 20261,83259.138.00$14,652
Dec 20252,31956.664.41$10,235
Nov 20251,56058.593.93$6,125
Oct 2025059.383.30$0
Sep 202529462.743.08$905
Aug 20252863.933.01$84
Jul 202580366.743.32$2,662
Jun 20251,75166.483.13$5,478
May 20252,07360.553.23$6,701
Apr 20251,46062.363.54$5,173
Mar 20252,02567.704.27$8,643
Feb 20251,33270.884.34$5,782
Jan 20251,32074.324.28$5,648
Dec 20241,81868.993.12$5,675
Nov 20241,63769.052.20$3,599
Oct 202457171.372.28$1,303
Sep 20241,79169.612.36$4,235
Aug 20241,82275.632.06$3,760
Jul 20241,98879.932.15$4,267
Jun 20241,93078.082.63$5,084
May 20241,94378.812.20$4,272
Apr 20241,46084.451.66$2,422
Mar 20242,12980.301.55$3,290
Feb 20242,18576.091.78$3,897
Jan 20241,92573.023.30$6,348
Dec 20231,69271.262.61$4,417
Nov 20231,73877.892.81$4,880
Oct 20232,19685.443.09$6,780
Sep 20231,40889.042.74$3,851
Aug 20231,57180.522.67$4,199
Jul 20231,44374.852.64$3,812
Jun 20231,55968.962.26$3,521
May 20231,70470.622.23$3,795
Apr 20231,90078.122.24$4,252
Mar 20231,67072.852.39$3,997
Feb 20231,25875.112.47$3,102
Jan 20231,14976.533.39$3,892
Dec 20221,26876.415.73$7,264
Nov 20221,65185.005.65$9,322
Oct 20221,20287.185.86$7,048
Sep 20222,03484.888.16$16,605
Aug 20222,15494.529.13$19,660
Jul 20222,039101.587.54$15,378
Jun 20221,763115.097.98$14,064
May 20221,945109.378.43$16,402
Apr 20221,926104.226.84$13,169
Mar 20222,138108.885.08$10,853
Feb 20221,50791.054.86$7,322
Jan 20221,67981.844.54$7,619
Dec 20211,86171.323.90$7,256
Nov 20212,02777.435.24$10,615
Oct 20211,47979.795.71$8,451
Sep 20211,95069.865.35$10,434
Aug 20212,31166.024.22$9,754
Jul 20212,36570.783.98$9,418
Jun 20212,02469.493.38$6,842
May 20211,38563.483.02$4,179
Apr 20212,39860.362.76$6,615
Mar 20212,15761.302.72$5,860
Feb 20211,24657.805.55$6,913
Jan 20212,40950.412.81$6,770
Dec 20202,27544.642.68$6,087
Nov 20202,43138.772.71$6,580
Oct 20202,24236.972.48$5,557
Sep 20202,69437.091.99$5,364
Aug 20201,76939.982.39$4,219
Jul 20202,58238.371.83$4,712
Jun 20202,48734.901.69$4,204
May 20202,64216.921.81$4,795
Apr 20202,49114.751.80$4,495
Mar 20202,29230.341.86$4,254
Feb 20202,04549.881.98$4,050
Jan 20202,69957.252.09$5,654
Dec 20192,94759.012.30$6,791
Nov 20192,68655.302.75$7,388
Oct 20192,28653.472.42$5,529
Sep 20192,96855.052.66$7,887
Aug 20192,79053.112.30$6,429
Jul 20192,43256.272.46$5,983
Jun 20192,76752.782.49$6,893
May 20192,81958.482.74$7,725
Apr 20192,10362.632.75$5,785
Mar 20192,15856.803.06$6,608
Feb 20192,30250.852.79$6,428
Jan 20191,00146.033.23$3,231
Dec 20181,91446.594.19$8,011
Nov 20182,34652.934.24$9,941
Oct 20182,44061.443.40$8,291
Sep 20182,44159.543.11$7,587
Aug 20182,55259.403.07$7,826
Jul 20182,72065.142.93$7,975
Jun 20182,25060.183.08$6,923
May 20181,94465.382.90$5,639
Apr 20182,56063.842.90$7,426
Mar 20182,07561.222.79$5,783
Feb 20182,34661.782.77$6,489
Jan 20182,68262.874.01$10,753
Dec 20171,99457.272.92$5,826
Nov 20172,26755.423.12$7,069
Oct 20172,60649.292.98$7,775
Sep 20171,17847.523.09$3,637
Aug 20172,73045.373.00$8,202
Jul 20172,85543.873.09$8,814
Jun 20171,93242.493.09$5,965
May 20172,85945.373.26$9,330
Apr 20172,61047.933.21$8,382
Mar 20172,83346.772.98$8,453
Feb 20172,67750.452.95$7,904
Jan 20172,79849.413.42$9,566
Dec 20162,80648.763.72$10,446
Nov 20163,08142.492.64$8,147
Oct 20163,06446.193.09$9,469
Sep 20163,44341.553.10$10,675
Aug 20163,56241.442.92$10,417
Jul 20163,70641.622.92$10,838
Jun 20163,52345.352.69$9,462
May 20164,00742.521.99$7,978
Apr 20163,22636.561.99$6,423
Mar 20163,80933.011.79$6,833
Feb 20163,64026.472.06$7,512
Jan 20163,73727.352.36$8,836
Dec 20153,67432.362.00$7,353
Nov 20153,64038.792.17$7,889
Oct 20153,77243.552.43$9,153
Sep 20151,89942.992.76$5,238
Aug 20153,19540.162.87$9,178
Jul 20153,50948.152.95$10,334
Jun 20154,40856.152.88$12,708
May 2015055.212.96$0

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                1,884 Mcf  × $  3.05 =     $5,738

────────────────────────────────────────────────────
Month total                                   $5,738

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/278701 is the state's own key, not one this site invented.