MILLS TRACT

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

Gas lease lease 278972District 10Field 186002502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Nov 2015 – May 2026
Value, last 12 filed months
$164 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 44 leases and 45 wells, and the rule below applies to all of them.

Discovered
1986-07-09
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2014-02-05.

The Commission's schedule remark for this field reads: NO BETWEEN WELL SPACING.

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 Gas112016-06-30218804
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
CondensateDisposition15,067 bbl$904,754
GasProduction328,896 Mcf$1,071,323
Total$1,976,077

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 35.9262, -100.7553. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.92617, -100.75531 · 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
8,764 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 8,764 ft.

Completions filed
May 2012
1 of 1 wells

1 well

42-393324066001H8,764 ftMay 2012

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 2026452,444106.413.05$12,232
Apr 202602,40298.932.87$6,893
Mar 2026732,55589.753.15$14,599
Feb 20261642,23063.503.75$18,777
Jan 202602,27259.138.00$18,171
Dec 20251222,38856.664.41$17,452
Nov 202502,47958.593.93$9,734
Oct 20251062,57159.383.30$14,791
Sep 20251612,50262.743.08$17,800
Aug 202502,54563.933.01$7,673
Jul 202502,44466.743.32$8,102
Jun 20251801,92966.483.13$18,002
May 202502,48060.553.23$8,016
Apr 20251932,55062.363.54$21,070
Mar 202502,77267.704.27$11,832
Feb 202502,02870.884.34$8,803
Jan 20251792,46574.324.28$23,850
Dec 202402,86868.993.12$8,952
Nov 202402,28769.052.20$5,028
Oct 20241562,97071.372.28$17,909
Sep 202402,76569.612.36$6,537
Aug 20241812,37175.632.06$18,582
Jul 202403,29779.932.15$7,077
Jun 202401,48578.082.63$3,911
May 20241542,53178.812.20$17,701
Apr 20241952,11484.451.66$19,975
Mar 202402,92480.301.55$4,518
Feb 20241702,63476.091.78$17,633
Jan 202402,64873.023.30$8,732
Dec 20231602,80871.262.61$18,733
Nov 202302,81377.892.81$7,898
Oct 20231692,98385.443.09$23,649
Sep 202302,53289.042.74$6,925
Aug 20231722,90880.522.67$21,622
Jul 20231783,11174.852.64$21,542
Jun 20231942,93068.962.26$19,996
May 202303,04070.622.23$6,771
Apr 20233712,92778.122.24$35,532
Mar 20231782,95772.852.39$20,044
Feb 202302,67475.112.47$6,593
Jan 20233613,04476.533.39$37,940
Dec 20221812,63876.415.73$28,944
Nov 202202,51385.005.65$14,189
Oct 20221842,63587.185.86$31,492
Sep 20221812,48984.888.16$35,683
Aug 202202,46994.529.13$22,535
Jul 20221832,388101.587.54$36,600
Jun 20221902,265115.097.98$39,935
May 202202,354109.378.43$19,851
Apr 20221792,297104.226.84$34,361
Mar 20221732,452108.885.08$31,284
Feb 202202,08991.054.86$10,150
Jan 20221912,15781.844.54$25,419
Dec 202102,48971.323.90$9,705
Nov 20211822,40977.435.24$26,708
Oct 20211801,99579.795.71$25,761
Sep 202102,33869.865.35$12,510
Aug 20211862,45266.024.22$22,629
Jul 202102,09370.783.98$8,334
Jun 202101,85169.493.38$6,258
May 20211811,78163.483.02$16,864
Apr 20211842,55960.362.76$18,165
Mar 202101,37561.302.72$3,736
Feb 202101,37057.805.55$7,601
Jan 20211842,32350.412.81$15,804
Dec 202001,85044.642.68$4,950
Nov 202002,01638.772.71$5,456
Oct 20201792,01536.972.48$11,612
Sep 20201812,09537.091.99$10,885
Aug 202002,18939.982.39$5,221
Jul 20201792,20238.371.83$10,887
Jun 20201832,11034.901.69$9,953
May 202002,19416.921.81$3,982
Apr 202002,11614.751.80$3,818
Mar 20201902,14830.341.86$9,752
Feb 202002,00549.881.98$3,971
Jan 202002,36457.252.09$4,952
Dec 201901,81459.012.30$4,180
Nov 20191892,10255.302.75$16,234
Oct 201902,09353.472.42$5,062
Sep 20191882,45555.052.66$16,873
Aug 20191882,63153.112.30$16,047
Jul 201902,28356.272.46$5,616
Jun 20191912,66352.782.49$16,715
May 20191832,75858.482.74$18,260
Apr 20191882,49462.632.75$18,635
Mar 201901,85556.803.06$5,680
Feb 20193562,35950.852.79$24,689
Jan 201902,29046.033.23$7,393
Dec 201802,69646.594.19$11,284
Nov 20181922,39052.934.24$20,290
Oct 201802,06061.443.40$7,000
Sep 20181872,29859.543.11$18,276
Aug 20181882,76959.403.07$19,659
Jul 201802,61165.142.93$7,655
Jun 20181902,50760.183.08$19,148
May 20181932,99065.382.90$21,292
Apr 20181942,91463.842.90$20,838
Mar 20181923,16861.222.79$20,583
Feb 20181922,03561.782.77$17,491
Jan 20181922,82662.874.01$23,401
Dec 20171902,51457.272.92$18,226
Nov 201702,71855.423.12$8,476
Oct 20171982,69149.292.98$17,789
Sep 201702,81047.523.09$8,675
Aug 20171902,79145.373.00$17,006
Jul 201702,43043.873.09$7,502
Jun 20171783,27442.493.09$17,671
May 20171963,45045.373.26$20,151
Apr 20171902,82847.933.21$18,189
Mar 201703,38446.772.98$10,097
Feb 20171983,04850.452.95$18,989
Jan 20171923,18549.413.42$20,376
Dec 201603,47148.763.72$12,922
Nov 20163913,34642.492.64$25,462
Oct 20161942,79746.193.09$17,604
Sep 20161933,40241.553.10$18,567
Aug 20163863,49341.442.92$26,211
Jul 20161893,56741.622.92$18,297
Jun 20161933,51445.352.69$18,191
May 20163823,60942.521.99$23,428
Apr 20161933,53636.561.99$14,096
Mar 20161923,84033.011.79$13,227
Feb 20161912,92226.472.06$11,086
Jan 20161933,76727.352.36$14,185
Dec 20153023,79932.362.00$17,376
Nov 201503,88738.792.17$8,424

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            45 bbl  × $106.41 =     $4,788
Gas                2,444 Mcf  × $  3.05 =     $7,444

────────────────────────────────────────────────────
Month total                                  $12,232

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/278972 is the state's own key, not one this site invented.