MCQUITTY 298

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

Gas lease lease 278970District 10Field 687351202 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Nov 2015 – May 2026
Value, last 12 filed months
$171 k
at the published price for each month
Months reported
127
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 965 leases and 1,339 wells, and the rule below applies to all of them.

Discovered
1974-03-21
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 2011-04-18.

The Commission's schedule remark for this field reads: PRORATION ACRES PLATS ARE REQUIRED.

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 Gas112017-11-17219994
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
CondensateDisposition42,550 bbl$2,165,945
GasProduction431,692 Mcf$1,326,756
Total$3,492,700

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 36.1429, -100.6076. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.14290, -100.60761 · 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
7,666 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 7,666 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-357334461H7,666 ftSep 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 (127)

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

127 months

May 202601,717106.413.05$5,230
Apr 2026110098.932.87$10,882
Mar 20263631,70389.753.15$37,943
Feb 202601,57763.503.75$5,914
Jan 20261821,74259.138.00$24,694
Dec 20251841,75556.664.41$18,171
Nov 20251611,72358.593.93$16,198
Oct 202501,62259.383.30$5,360
Sep 20253471,82962.743.08$27,398
Aug 202501,44263.933.01$4,347
Jul 20250066.743.32$0
Jun 202518386966.483.13$14,885
May 20251931,86160.553.23$17,702
Apr 20251861,73462.363.54$17,743
Mar 202501,11367.704.27$4,751
Feb 2025022170.884.34$959
Jan 20251411,32874.324.28$16,161
Dec 20241841,45868.993.12$17,245
Nov 202401,15069.052.20$2,528
Oct 20241831,18771.372.28$15,769
Sep 2024078769.612.36$1,861
Aug 2024521,00875.632.06$6,013
Jul 20241801,67279.932.15$17,977
Jun 202401,68778.082.63$4,444
May 20241721,69178.812.20$17,273
Apr 20241771,71284.451.66$17,788
Mar 20241961,79480.301.55$18,511
Feb 202401,69276.091.78$3,018
Jan 20241911,83873.023.30$20,008
Dec 20231901,85871.262.61$18,390
Nov 20231811,87377.892.81$19,357
Oct 20231962,00985.443.09$22,949
Sep 20231872,01089.042.74$22,148
Aug 202301,29780.522.67$3,467
Jul 20238712974.852.64$6,853
Jun 2023070468.962.26$1,590
May 2023771,02870.622.23$7,728
Apr 20233701,14878.122.24$31,473
Mar 202301,36872.852.39$3,274
Feb 202301,57675.112.47$3,886
Jan 20231891,86576.533.39$20,782
Dec 202201,86276.415.73$10,668
Nov 20221831,95685.005.65$26,599
Oct 20221782,20987.185.86$28,471
Sep 20221862,23784.888.16$34,050
Aug 202202,22494.529.13$20,299
Jul 20221882,337101.587.54$36,723
Jun 20223702,426115.097.98$61,936
May 202201,949109.378.43$16,436
Apr 2022187678104.226.84$24,125
Mar 202201,213108.885.08$6,158
Feb 202203,19491.054.86$15,519
Jan 20223532,71281.844.54$41,196
Dec 202102,36371.323.90$9,214
Nov 20211892,64377.435.24$28,475
Oct 20211891,66579.795.71$24,594
Sep 20211792,60869.865.35$26,460
Aug 202102,86866.024.22$12,105
Jul 20213742,90470.783.98$38,036
Jun 20211842,84969.493.38$22,418
May 20211892,91463.483.02$20,791
Apr 20211892,95260.362.76$19,551
Mar 20211623,21261.302.72$18,657
Feb 20211942,74657.805.55$26,448
Jan 20211933,22750.412.81$18,798
Dec 20201823,35244.642.68$17,093
Nov 20203683,36238.772.71$23,367
Oct 202003,44136.972.48$8,528
Sep 20203623,51337.091.99$20,421
Aug 20203633,84339.982.39$23,679
Jul 20201813,79938.371.83$13,879
Jun 20201784,00634.901.69$12,984
May 20201834,17916.921.81$10,680
Apr 20201794,27114.751.80$10,347
Mar 20203774,67430.341.86$20,114
Feb 20203754,67249.881.98$27,959
Jan 20201895,19357.252.09$21,698
Dec 20193714,80359.012.30$32,961
Nov 20193705,60455.302.75$35,876
Oct 20193725,71953.472.42$33,722
Sep 20193695,27455.052.66$34,328
Aug 20191834,29853.112.30$19,623
Jul 20191874,81656.272.46$22,370
Jun 20197314,38952.782.49$49,516
May 201904,49158.482.74$12,307
Apr 20193704,31862.632.75$35,051
Mar 20193703,77356.803.06$32,569
Feb 20191863,39950.852.79$18,949
Jan 20195753,84046.033.23$38,863
Dec 20183843,57746.594.19$32,862
Nov 201801,88552.934.24$7,987
Oct 20181862,32061.443.40$19,311
Sep 20183773,25259.543.11$32,554
Aug 20183763,50759.403.07$33,089
Jul 20187183,97365.142.93$58,419
Jun 201803,82360.183.08$11,763
May 20185654,56065.382.90$50,167
Apr 20185784,30163.842.90$49,376
Mar 20183724,15361.222.79$34,348
Feb 20183753,85961.782.77$33,842
Jan 20183734,42062.874.01$41,172
Dec 20173804,54257.272.92$35,032
Nov 20173754,48655.423.12$34,771
Oct 20175615,18349.292.98$43,116
Sep 20173775,28347.523.09$34,225
Aug 20175605,83345.373.00$42,932
Jul 20175615,90243.873.09$42,832
Jun 20175505,69742.493.09$40,958
May 20177476,22145.373.26$54,193
Apr 20175475,67547.933.21$44,444
Mar 20175566,10846.772.98$44,228
Feb 20177316,26450.452.95$55,374
Jan 20175576,98849.413.42$51,412
Dec 20164947,61248.763.72$52,426
Nov 20167207,25142.492.64$49,767
Oct 20161,0957,67046.193.09$74,280
Sep 20167347,48441.553.10$53,703
Aug 20169167,95041.442.92$61,208
Jul 20161,0838,56841.622.92$70,130
Jun 20161,2918,06045.352.69$80,195
May 20161,2958,37742.521.99$71,742
Apr 20161,1017,87536.561.99$55,932
Mar 20161,3396,26633.011.79$55,442
Feb 20161,5427,40026.472.06$56,088
Jan 20161,7306,79827.352.36$63,388
Dec 20151,5314,87332.362.00$59,296
Nov 20151,3035,94238.792.17$63,422

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                1,717 Mcf  × $  3.05 =     $5,230

────────────────────────────────────────────────────
Month total                                   $5,230

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/278970 is the state's own key, not one this site invented.