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TEXA PEARL 326

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

Gas lease lease 278898District 10Field 538782502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Jul 2015 – May 2026
Value, last 12 filed months
$113 k
at the published price for each month
Months reported
131
no gaps in the span
Streams
2
condensate, gas

The LIPSCOMB, S.E. (CLEVELAND) 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 468 leases and 529 wells, and the rule below applies to all of them.

Discovered
1983-12-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 2011-11-22.

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 Gas112018-04-18220673
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
CondensateDisposition13,544 bbl$651,490
GasProduction1,257,431 Mcf$3,589,106
Total$4,240,596

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 36.1569, -100.4772. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.15688, -100.47725 · 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
7,963 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 7,963 ft.

Completions filed
Jul 2015
1 of 1 wells

1 well

42-295342492H7,963 ftJul 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 (131)

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

131 months

May 202601,749106.413.05$5,327
Apr 20261061,71898.932.87$15,417
Mar 202601,75289.753.15$5,518
Feb 202601,96963.503.75$7,384
Jan 202601,99959.138.00$15,988
Dec 202502,21056.664.41$9,754
Nov 202502,18358.593.93$8,571
Oct 202502,23159.383.30$7,373
Sep 202502,11862.743.08$6,517
Aug 20251672,11563.933.01$17,053
Jul 202502,16966.743.32$7,191
Jun 202502,16666.483.13$6,777
May 202502,31060.553.23$7,467
Apr 202502,34462.363.54$8,305
Mar 202501,96667.704.27$8,392
Feb 202502,12970.884.34$9,242
Jan 202502,47874.324.28$10,603
Dec 20241652,58968.993.12$19,465
Nov 202402,54269.052.20$5,588
Oct 202402,65871.372.28$6,064
Sep 202402,60469.612.36$6,157
Aug 202402,34175.632.06$4,831
Jul 202403,27979.932.15$7,039
Jun 20241203,06578.082.63$17,443
May 202402,79378.812.20$6,140
Apr 202402,62284.451.66$4,350
Mar 202402,75680.301.55$4,258
Feb 202402,62776.091.78$4,686
Jan 20241572,66373.023.30$20,246
Dec 202302,87471.262.61$7,503
Nov 202302,67477.892.81$7,507
Oct 202303,03985.443.09$9,382
Sep 20231572,98089.042.74$22,130
Aug 202303,37580.522.67$9,021
Jul 202301,20974.852.64$3,194
Jun 202302,58268.962.26$5,831
May 202303,17070.622.23$7,061
Apr 20231663,02278.122.24$19,730
Mar 202303,60772.852.39$8,632
Feb 202302,05775.112.47$5,072
Jan 202303,17476.533.39$10,753
Dec 20221743,23376.415.73$31,817
Nov 202202,65285.005.65$14,974
Oct 202202,44787.185.86$14,349
Sep 202203,29684.888.16$26,907
Aug 202203,41694.529.13$31,178
Jul 20221483,486101.587.54$41,326
Jun 202203,430115.097.98$27,362
May 202203,997109.378.43$33,707
Apr 202201,376104.226.84$9,409
Mar 202202,509108.885.08$12,737
Feb 202201,98391.054.86$9,635
Jan 20221763,24981.844.54$29,147
Dec 202103,30971.323.90$12,902
Nov 202103,47177.435.24$18,177
Oct 202103,66079.795.71$20,913
Sep 202104,03069.865.35$21,564
Aug 202104,42266.024.22$18,663
Jul 20211724,15170.783.98$28,704
Jun 202103,77169.493.38$12,748
May 202103,80963.483.02$11,494
Apr 202104,12760.362.76$11,384
Mar 20211764,57961.302.72$23,230
Feb 202103,06157.805.55$16,982
Jan 202104,25850.412.81$11,966
Dec 202004,35544.642.68$11,652
Nov 202004,22638.772.71$11,438
Oct 20201974,66836.972.48$18,852
Sep 202004,23737.091.99$8,436
Aug 202005,00039.982.39$11,926
Jul 202005,32538.371.83$9,719
Jun 202005,38934.901.69$9,109
May 202005,79516.921.81$10,516
Apr 20201855,55114.751.80$12,745
Mar 202005,85430.341.86$10,866
Feb 202005,76649.881.98$11,421
Jan 20201866,08157.252.09$23,387
Dec 201906,11359.012.30$14,087
Nov 20191786,06655.302.75$26,529
Oct 201906,24653.472.42$15,106
Sep 201905,81655.052.66$15,455
Aug 20191906,10253.112.30$24,152
Jul 201905,93056.272.46$14,588
Jun 20191875,70852.782.49$24,090
May 201906,40558.482.74$17,552
Apr 201906,57362.632.75$18,080
Mar 20191897,21356.803.06$32,822
Feb 201906,53850.852.79$18,256
Jan 20191897,35746.033.23$32,449
Dec 201807,39246.594.19$30,939
Nov 20181827,40352.934.24$41,002
Oct 201807,38061.443.40$25,078
Sep 201807,59259.543.11$23,596
Aug 20181917,35659.403.07$33,903
Jul 201808,77065.142.93$25,713
Jun 20181918,09660.183.08$36,405
May 20181859,29265.382.90$39,050
Apr 201809,58063.842.90$27,790
Mar 201834610,78561.222.79$51,238
Feb 201808,73161.782.77$24,151
Jan 2018011,58262.874.01$46,436
Dec 201720010,95657.272.92$43,462
Nov 201718910,62055.423.12$43,591
Oct 2017011,86649.292.98$35,404
Sep 201719412,24247.523.09$47,013
Aug 2017013,19045.373.00$39,628
Jul 201718714,28543.873.09$52,305
Jun 2017014,84642.493.09$45,834
May 201738415,67345.373.26$68,569
Apr 2017016,10247.933.21$51,713
Mar 201718817,24646.772.98$60,249
Feb 201718016,78450.452.95$58,637
Jan 201719317,43649.413.42$69,146
Dec 201619719,46348.763.72$82,063
Nov 2016020,24942.492.64$53,545
Oct 201619620,64446.193.09$72,849
Sep 201618019,58841.553.10$68,214
Aug 201619422,09641.442.92$72,656
Jul 201619223,78341.622.92$77,541
Jun 201617725,09545.352.69$75,428
May 201619228,24642.521.99$64,403
Apr 201638030,23536.561.99$74,092
Mar 201638034,99433.011.79$75,323
Feb 201637237,04826.472.06$86,300
Jan 201637346,56027.352.36$120,286
Dec 201558047,20032.362.00$113,235
Nov 201575651,59938.792.17$141,157
Oct 201556762,46143.552.43$176,259
Sep 20151,08369,98942.992.76$239,617
Aug 20151,53078,31740.162.87$286,410
Jul 2015022,71548.152.95$66,897

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                1,749 Mcf  × $  3.05 =     $5,327

────────────────────────────────────────────────────
Month total                                   $5,327

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/278898 is the state's own key, not one this site invented.