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Operated by PRESIDIO PETROLEUM LLC (P-5 676084) in the MILLS RANCH (GRANITE WASH CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 278958District 10Field 616912352 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Oct 2015 – May 2026
Value, last 12 filed months
$217 k
at the published price for each month
Months reported
128
no gaps in the span
Streams
2
condensate, gas

The MILLS RANCH (GRANITE WASH CONS.) 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 274 leases and 400 wells, and the rule below applies to all of them.

Discovered
2010-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-07-09.

The Commission's schedule remark for this field reads: “ DESIGNATED AS UFT FIELD PER DOCKET #01-0299858.”

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 Gas112016-06-30218803
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
CondensateDisposition40,603 bbl$2,180,064
GasProduction384,691 Mcf$1,206,455
Total$3,386,519

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 35.3861, -100.0390. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.38606, -100.03900 · 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
11,310 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 11,310 ft.

Completions filed
May 2014
1 of 1 wells

1 well

42-483336756053H11,310 ftMay 2014——

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 (128)

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

128 months

May 202603,944106.413.05$12,013
Apr 20261814,09598.932.87$29,658
Mar 20261973,31289.753.15$28,112
Feb 20261913,84963.503.75$26,563
Jan 202603,44759.138.00$27,569
Dec 20251904,20256.664.41$29,310
Nov 202501,31358.593.93$5,155
Oct 20251881,46259.383.30$15,995
Sep 202501,44062.743.08$4,431
Aug 20251831,50963.933.01$16,248
Jul 202501,46766.743.32$4,863
Jun 20251821,60066.483.13$17,105
May 20251931,65860.553.23$17,045
Apr 20251791,69462.363.54$17,164
Mar 20251731,77867.704.27$19,301
Feb 202501,42270.884.34$6,173
Jan 20251951,52174.324.28$21,000
Dec 20241851,52368.993.12$17,517
Nov 202401,51469.052.20$3,328
Oct 20241901,47771.372.28$16,930
Sep 20241711,49469.612.36$15,436
Aug 20241871,62375.632.06$17,492
Jul 202401,68379.932.15$3,613
Jun 20241891,51878.082.63$18,756
May 20241891,55478.812.20$18,311
Apr 20241831,48684.451.66$17,920
Mar 20241891,63380.301.55$17,700
Feb 202401,34276.091.78$2,394
Jan 20241921,60973.023.30$19,326
Dec 20231911,72071.262.61$18,101
Nov 20231891,65077.892.81$19,354
Oct 20231881,69885.443.09$21,305
Sep 202301,69889.042.74$4,644
Aug 20231781,84080.522.67$19,251
Jul 20231802,08574.852.64$18,981
Jun 20231872,01968.962.26$17,455
May 20231902,07570.622.23$18,040
Apr 20231902,08578.122.24$19,509
Mar 20231781,86972.852.39$17,440
Feb 20231701,71575.112.47$16,997
Jan 20231921,85976.533.39$20,992
Dec 20221801,85276.415.73$24,364
Nov 20221902,16785.005.65$28,385
Oct 20221891,91487.185.86$27,700
Sep 20221921,94084.888.16$32,135
Aug 20221892,30494.529.13$38,893
Jul 20221871,992101.587.54$34,019
Jun 20221882,002115.097.98$37,607
May 20221902,060109.378.43$38,152
Apr 20221821,989104.226.84$32,568
Mar 20221971,902108.885.08$31,105
Feb 20221822,04891.054.86$26,522
Jan 202201,94681.844.54$8,830
Dec 20213772,12671.323.90$35,177
Nov 20211911,97677.435.24$25,137
Oct 20211892,24979.795.71$27,931
Sep 20211862,09569.865.35$24,204
Aug 20211892,19666.024.22$21,746
Jul 20211822,28070.783.98$21,961
Jun 20211892,16669.493.38$20,456
May 20211782,40863.483.02$18,566
Apr 20213791,59560.362.76$27,276
Mar 202101,20061.302.72$3,260
Feb 202118888857.805.55$15,793
Jan 20213572,19950.412.81$24,176
Dec 20201802,45544.642.68$14,603
Nov 20201762,37338.772.71$13,246
Oct 202002,88836.972.48$7,158
Sep 20201882,80537.091.99$12,558
Aug 20205403,32439.982.39$29,517
Jul 20201773,52638.371.83$13,227
Jun 20203603,49434.901.69$18,470
May 20201814,13316.921.81$10,563
Apr 20201853,88914.751.80$9,746
Mar 20203743,37130.341.86$17,605
Feb 20201913,06749.881.98$15,602
Jan 20201913,13857.252.09$17,508
Dec 20192023,38459.012.30$19,718
Nov 20194023,41555.302.75$31,624
Oct 20193873,57153.472.42$29,330
Sep 20191973,54155.052.66$20,254
Aug 20191963,62953.112.30$18,772
Jul 20191973,72456.272.46$20,246
Jun 20193953,58352.782.49$29,774
May 20193963,61158.482.74$33,053
Apr 20191993,49762.632.75$22,083
Mar 20194013,76556.803.06$34,306
Feb 20193953,28550.852.79$29,258
Jan 20193993,86646.033.23$30,846
Dec 20182003,85846.594.19$25,465
Nov 20184063,55152.934.24$36,536
Oct 20183943,75161.443.40$36,954
Sep 20183963,69659.543.11$35,065
Aug 20183943,94659.403.07$35,504
Jul 20183954,27865.142.93$38,273
Jun 20184004,04260.183.08$36,509
May 20184034,25565.382.90$38,691
Apr 20183974,15663.842.90$37,400
Mar 20185913,98761.222.79$47,292
Feb 20183993,74261.782.77$35,001
Jan 20185973,86962.874.01$53,045
Dec 20173894,45357.272.92$35,288
Nov 20173933,30255.423.12$32,077
Oct 20175674,15149.292.98$40,333
Sep 20175854,12047.523.09$40,519
Aug 20175974,12545.373.00$39,479
Jul 20173964,15043.873.09$30,185
Jun 20175894,25942.493.09$38,175
May 20175794,48745.373.26$40,912
Apr 20175963,80447.933.21$40,783
Mar 20175973,84846.772.98$39,403
Feb 20176053,52350.452.95$40,924
Jan 20176004,23749.413.42$44,131
Dec 20165894,11348.763.72$44,032
Nov 20165843,96042.492.64$35,286
Oct 20167794,41446.193.09$49,622
Sep 20169474,63841.553.10$53,729
Aug 20165704,71041.442.92$37,394
Jul 20167615,33741.622.92$47,280
Jun 20167685,24245.352.69$48,908
May 20167635,52442.521.99$43,441
Apr 20165655,37236.561.99$31,352
Mar 20161,1035,68033.011.79$46,600
Feb 20169423,98826.472.06$33,165
Jan 20169455,64527.352.36$39,193
Dec 20151,1416,62032.362.00$50,172
Nov 20159386,89138.792.17$51,320
Oct 20158037,65743.552.43$53,551

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                3,944 Mcf  × $  3.05 =    $12,013

────────────────────────────────────────────────────
Month total                                  $12,013

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/278958 is the state's own key, not one this site invented.