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 278899District 10Field 538782502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
Aug 2015 – May 2026
Value, last 12 filed months
$166 k
at the published price for each month
Months reported
130
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 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 Gas112018-04-18220791
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
CondensateDisposition9,032 bbl$447,645
GasProduction1,325,579 Mcf$3,905,525
Total$4,353,170

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 36.1568, -100.4920. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.15681, -100.49203 · 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
7,947 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 7,947 ft.

Completions filed
Aug 2015
1 of 1 wells

1 well

42-295342514H7,947 ftAug 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 (130)

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

130 months

May 202603,259106.413.05$9,926
Apr 2026833,12598.932.87$17,179
Mar 202603,27889.753.15$10,324
Feb 202603,06763.503.75$11,502
Jan 202603,21559.138.00$25,713
Dec 202503,38156.664.41$14,922
Nov 202503,43158.593.93$13,472
Oct 202503,22059.383.30$10,642
Sep 202503,12762.743.08$9,622
Aug 20251823,24363.933.01$21,412
Jul 202503,38366.743.32$11,215
Jun 202503,30666.483.13$10,344
May 202503,42860.553.23$11,080
Apr 202503,41562.363.54$12,100
Mar 202503,82467.704.27$16,322
Feb 202503,08270.884.34$13,378
Jan 202502,27074.324.28$9,713
Dec 202403,64568.993.12$11,377
Nov 202403,65169.052.20$8,027
Oct 202403,97271.372.28$9,062
Sep 202404,77869.612.36$11,297
Aug 202404,62175.632.06$9,536
Jul 202404,07179.932.15$8,739
Jun 202403,19378.082.63$8,410
May 2024473,66078.812.20$11,750
Apr 202403,55484.451.66$5,897
Mar 20241673,72380.301.55$19,163
Feb 202403,49976.091.78$6,241
Jan 202403,96573.023.30$13,075
Dec 202303,82871.262.61$9,994
Nov 202303,86977.892.81$10,862
Oct 202303,73385.443.09$11,525
Sep 202303,53189.042.74$9,657
Aug 20231493,73480.522.67$21,978
Jul 202303,89674.852.64$10,292
Jun 202303,81668.962.26$8,618
May 202304,06070.622.23$9,043
Apr 202304,00578.122.24$8,962
Mar 20231604,16972.852.39$21,633
Feb 202303,93675.112.47$9,705
Jan 202304,55176.533.39$15,418
Dec 202204,17476.415.73$23,913
Nov 202203,99785.005.65$22,568
Oct 202204,67287.185.86$27,395
Sep 20221675,57884.888.16$59,712
Aug 202206,26794.529.13$57,200
Jul 202205,228101.587.54$39,430
Jun 202204,704115.097.98$37,525
May 202205,015109.378.43$42,292
Apr 202204,667104.226.84$31,911
Mar 202204,454108.885.08$22,610
Feb 20221714,11691.054.86$35,569
Jan 202204,77481.844.54$21,663
Dec 202104,61271.323.90$17,983
Nov 202103,67877.435.24$19,261
Oct 202105,34779.795.71$30,552
Sep 20211745,35369.865.35$40,799
Aug 202105,22466.024.22$22,048
Jul 202105,21770.783.98$20,775
Jun 202103,31169.493.38$11,193
May 202105,95063.483.02$17,955
Apr 202105,37060.362.76$14,813
Mar 20211805,53661.302.72$26,075
Feb 202104,08257.805.55$22,647
Jan 202105,55250.412.81$15,603
Dec 202005,60044.642.68$14,983
Nov 202005,45338.772.71$14,759
Oct 202005,18536.972.48$12,851
Sep 202005,56837.091.99$11,086
Aug 20201825,69339.982.39$20,855
Jul 202005,78438.371.83$10,556
Jun 202005,92334.901.69$10,012
May 202006,13516.921.81$11,133
Apr 202006,57914.751.80$11,871
Mar 20201706,98330.341.86$18,120
Feb 202006,90349.881.98$13,673
Jan 202006,79757.252.09$14,238
Dec 201905,16159.012.30$11,893
Nov 20191936,39155.302.75$28,253
Oct 201905,86653.472.42$14,187
Sep 201906,55255.052.66$17,411
Aug 201906,57553.112.30$15,151
Jul 201906,29856.272.46$15,493
Jun 20191866,02052.782.49$24,814
May 201906,94258.482.74$19,023
Apr 201906,63862.632.75$18,259
Mar 20191926,64056.803.06$31,238
Feb 201906,18850.852.79$17,278
Jan 201907,34146.033.23$23,698
Dec 201807,66146.594.19$32,065
Nov 20181957,25552.934.24$41,063
Oct 201808,12561.443.40$27,609
Sep 201808,57259.543.11$26,642
Aug 20181879,61059.403.07$40,577
Jul 201809,76965.142.93$28,642
Jun 2018010,14160.183.08$31,203
May 2018011,29365.382.90$32,759
Apr 201815510,14763.842.90$39,330
Mar 201819513,12161.222.79$48,504
Feb 201819712,23761.782.77$46,020
Jan 2018013,37662.874.01$53,629
Dec 2017014,10057.272.92$41,193
Nov 201719712,77755.423.12$50,761
Oct 2017014,47249.292.98$43,180
Sep 2017014,59647.523.09$45,062
Aug 201719515,11045.373.00$54,244
Jul 2017015,28143.873.09$47,177
Jun 2017015,35942.493.09$47,418
May 201719316,42845.373.26$62,368
Apr 2017017,22047.933.21$55,304
Mar 201719620,41046.772.98$70,064
Feb 201717618,53750.452.95$63,612
Jan 201719419,97049.413.42$77,859
Dec 201619920,73848.763.72$86,907
Nov 2016020,61142.492.64$54,503
Oct 201619720,70346.193.09$73,077
Sep 2016020,61841.553.10$63,929
Aug 201619522,56041.442.92$74,054
Jul 2016024,00841.622.92$70,208
Jun 201619824,81345.352.69$75,623
May 201619627,51742.521.99$63,121
Apr 2016028,98436.561.99$57,708
Mar 201619432,71233.011.79$65,090
Feb 201620134,72426.472.06$76,978
Jan 201640141,48427.352.36$109,050
Dec 201539344,43032.362.00$101,640
Nov 201540050,58238.792.17$125,144
Oct 201559360,06843.552.43$171,585
Sep 201578970,68742.992.76$228,904
Aug 201559350,16640.162.87$167,916

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                3,259 Mcf  × $  3.05 =     $9,926

────────────────────────────────────────────────────
Month total                                   $9,926

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/278899 is the state's own key, not one this site invented.