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 279884District 10Field 687351202 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Feb 2016 – May 2026
Value, last 12 filed months
$78 k
at the published price for each month
Months reported
124
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 Gas112017-11-17220002
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
CondensateDisposition19,866 bbl$1,075,201
GasProduction244,792 Mcf$770,476
Total$1,845,677

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 36.1430, -100.6181. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.14297, -100.61808 · 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
7,679 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 7,679 ft.

Completions filed
Jun 2015
1 of 1 wells

1 well

42-357335702H7,679 ftJun 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 (124)

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

124 months

May 202601,017106.413.05$3,098
Apr 20260098.932.87$0
Mar 2026037189.753.15$1,168
Feb 202618388563.503.75$14,940
Jan 2026091759.138.00$7,334
Dec 2025092056.664.41$4,060
Nov 20257891358.593.93$8,155
Oct 2025098259.383.30$3,245
Sep 202513697562.743.08$11,533
Aug 2025451,01363.933.01$5,931
Jul 20251811,03166.743.32$15,498
Jun 202501,03066.483.13$3,223
May 20251941,01960.553.23$15,040
Apr 2025093462.363.54$3,309
Mar 202501,11467.704.27$4,755
Feb 2025072970.884.34$3,164
Jan 202501,09574.324.28$4,685
Dec 20241681,13968.993.12$15,146
Nov 20241851,17469.052.20$15,355
Oct 202401,25371.372.28$2,859
Sep 2024087069.612.36$2,057
Aug 202413581475.632.06$11,890
Jul 2024085479.932.15$1,833
Jun 2024060678.082.63$1,596
May 20241691,12378.812.20$15,788
Apr 202401,10184.451.66$1,827
Mar 20241571,10180.301.55$14,308
Feb 20241831,04276.091.78$15,783
Jan 202401,07373.023.30$3,538
Dec 202301,11571.262.61$2,911
Nov 20231781,10977.892.81$16,978
Oct 202301,18385.443.09$3,652
Sep 20231711,19489.042.74$18,491
Aug 202301,25380.522.67$3,349
Jul 2023901,26174.852.64$10,068
Jun 202301,23168.962.26$2,780
May 20231091,27270.622.23$10,531
Apr 20231831,21978.122.24$17,024
Mar 202301,24872.852.39$2,987
Feb 20231801,13575.112.47$16,318
Jan 202301,29476.533.39$4,384
Dec 20221781,23976.415.73$20,699
Nov 20221861,22085.005.65$22,698
Oct 202201,41887.185.86$8,315
Sep 2022099784.888.16$8,139
Aug 20221791,33394.529.13$29,086
Jul 202201,301101.587.54$9,812
Jun 20221801,302115.097.98$31,103
May 202201,253109.378.43$10,567
Apr 20221781,152104.226.84$26,428
Mar 202201,006108.885.08$5,107
Feb 20221761,09091.054.86$21,321
Jan 20221871,19181.844.54$20,708
Dec 202101,33471.323.90$5,201
Nov 20211861,38877.435.24$21,671
Oct 202101,37579.795.71$7,857
Sep 202101,35269.865.35$7,234
Aug 20211811,43666.024.22$18,010
Jul 20211831,47670.783.98$18,830
Jun 202101,25969.493.38$4,256
May 20211881,48163.483.02$16,403
Apr 202101,45960.362.76$4,025
Mar 20211901,54261.302.72$15,837
Feb 202101,40157.805.55$7,773
Jan 20211711,56050.412.81$13,004
Dec 20201831,36444.642.68$11,818
Nov 202001,52738.772.71$4,133
Oct 20201791,52336.972.48$10,392
Sep 20201801,57437.091.99$9,810
Aug 202001,46039.982.39$3,482
Jul 20201771,57538.371.83$9,666
Jun 202001,65734.901.69$2,801
May 20201831,41816.921.81$5,670
Apr 20201811,58614.751.80$5,532
Mar 202001,70330.341.86$3,161
Feb 20201931,63249.881.98$12,859
Jan 20201841,78757.252.09$14,277
Dec 20191841,81759.012.30$15,045
Nov 201901,81755.302.75$4,998
Oct 20191811,85353.472.42$14,160
Sep 20191871,91955.052.66$15,394
Aug 20191862,07353.112.30$14,655
Jul 201902,09456.272.46$5,151
Jun 20191832,04452.782.49$14,751
May 20191842,22258.482.74$16,849
Apr 20193282,24562.632.75$26,718
Mar 201902,40356.803.06$7,358
Feb 201902,23950.852.79$6,252
Jan 20191342,42746.033.23$14,003
Dec 20183642,62446.594.19$27,941
Nov 20181882,72752.934.24$21,506
Oct 201802,70461.443.40$9,188
Sep 20183762,73559.543.11$30,887
Aug 20181832,93859.403.07$19,880
Jul 20181812,68865.142.93$19,671
Jun 201802,39060.183.08$7,354
May 20181773,06965.382.90$20,475
Apr 20183693,32463.842.90$33,199
Mar 20183733,11361.222.79$31,510
Feb 20181832,89161.782.77$19,303
Jan 20181823,25262.874.01$24,481
Dec 20171834,00557.272.92$22,181
Nov 20171854,54155.423.12$24,413
Oct 20173654,74149.292.98$32,136
Sep 20171834,57047.523.09$22,805
Aug 20173764,91245.373.00$31,817
Jul 20171804,09543.873.09$20,539
Jun 20173573,43642.493.09$25,777
May 20173673,73445.373.26$28,836
Apr 20173613,52947.933.21$28,636
Mar 20173623,93646.772.98$28,675
Feb 20171863,35250.452.95$19,281
Jan 20175522,75049.413.42$36,676
Dec 20161833,60248.763.72$22,333
Nov 20165503,58242.492.64$32,842
Oct 20163742,58346.193.09$25,257
Sep 20163592,93341.553.10$24,011
Aug 20165463,47141.442.92$32,777
Jul 20163574,09841.622.92$26,842
Jun 20167304,52145.352.69$45,248
May 20165375,01342.521.99$32,814
Apr 20167034,86036.561.99$35,378
Mar 20167625,08833.011.79$34,282
Feb 20164175,85226.472.06$23,114

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                1,017 Mcf  × $  3.05 =     $3,098

────────────────────────────────────────────────────
Month total                                   $3,098

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/279884 is the state's own key, not one this site invented.