DIXON 5554 XL

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

Gas lease lease 281279District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.9 M
Apr 2016 – May 2026
Value, last 12 filed months
$354 k
at the published price for each month
Months reported
122
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 1,387 leases and 1,388 wells, and the rule below applies to all of them.

Discovered
1974-09-09
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 20 acres. The field rule took effect on 2016-03-29.

The Commission's schedule remark for this field reads: 01-30-2024

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 Gas112017-03-16219800
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
CondensateDisposition115,658 bbl$5,898,345
GasProduction3,861,476 Mcf$12,029,790
Total$17,928,135

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 35.6563, -100.3222. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.65634, -100.32219 · 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
12,071 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 12,071 ft.

Completions filed
Apr 2016
1 of 1 wells

1 well

42-211355271H12,071 ftApr 2016

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 (122)

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

122 months

May 202600106.413.05$0
Apr 202606,36298.932.87$18,257
Mar 202606,73289.753.15$21,202
Feb 20263666,42463.503.75$47,333
Jan 20261756,18259.138.00$59,791
Dec 20251796,48556.664.41$38,763
Nov 202506,40858.593.93$25,161
Oct 20251856,87459.383.30$33,703
Sep 20253496,89762.743.08$43,118
Aug 202505,91463.933.01$17,829
Jul 202506,18566.743.32$20,505
Jun 20251875,20766.483.13$28,723
May 20251826,50060.553.23$32,030
Apr 20251868,11162.363.54$40,337
Mar 20253718,12767.704.27$59,805
Feb 202507,77470.884.34$33,746
Jan 20251838,41774.324.28$49,614
Dec 20241828,87868.993.12$40,268
Nov 20241838,99369.052.20$32,407
Oct 20241819,61171.372.28$34,845
Sep 20241819,53769.612.36$35,148
Aug 202417010,27475.632.06$34,059
Jul 20243709,78679.932.15$50,581
Jun 202417210,45778.082.63$40,973
May 2024010,15678.812.20$22,327
Apr 20241799,35084.451.66$30,630
Mar 202436010,10380.301.55$44,518
Feb 20243549,56776.091.78$44,000
Jan 202418210,68473.023.30$48,522
Dec 202318110,60771.262.61$40,590
Nov 202318010,43477.892.81$43,314
Oct 202338311,39185.443.09$67,891
Sep 202321910,68189.042.74$48,713
Aug 202322011,50980.522.67$48,477
Jul 202338810,03374.852.64$55,547
Jun 202322611,68168.962.26$41,966
May 202338811,21470.622.23$52,379
Apr 202321211,37478.122.24$42,014
Mar 202353411,24872.852.39$65,820
Feb 202320110,61475.112.47$41,268
Jan 202322612,49176.533.39$59,612
Dec 202224413,10476.415.73$93,718
Nov 202236012,09485.005.65$98,885
Oct 202221012,71487.185.86$92,860
Sep 202237312,27184.888.16$131,837
Aug 202221212,80594.529.13$136,912
Jul 202239412,604101.587.54$135,083
Jun 202221312,775115.097.98$126,423
May 202223313,341109.378.43$137,988
Apr 2022160104.226.84$1,668
Mar 202221214,743108.885.08$97,924
Feb 202243215,24991.054.86$113,426
Jan 202220416,39781.844.54$91,100
Dec 202157015,47871.323.90$101,003
Nov 202121614,68377.435.24$93,618
Oct 202139915,40079.795.71$119,830
Sep 202119015,37769.865.35$95,555
Aug 202138215,62866.024.22$91,179
Jul 202138014,83570.783.98$85,971
Jun 202121214,72269.493.38$64,501
May 202120915,29663.483.02$59,426
Apr 202158318,10460.362.76$85,128
Mar 202160722,66261.302.72$98,780
Feb 202142513,37357.805.55$98,758
Jan 202139117,08250.412.81$67,715
Dec 202021516,95244.642.68$54,952
Nov 202057717,07438.772.71$68,582
Oct 202036516,27436.972.48$53,828
Sep 202021416,42237.091.99$40,634
Aug 202056119,45739.982.39$68,836
Jul 202038320,41138.371.83$51,948
Jun 202089418,32234.901.69$62,170
May 20203618,51116.921.81$34,202
Apr 202059418,16414.751.80$41,536
Mar 202057719,33030.341.86$53,387
Feb 202056221,27349.881.98$70,167
Jan 202037918,87157.252.09$61,228
Dec 201956821,25159.012.30$82,488
Nov 201954320,71255.302.75$87,000
Oct 201954222,03553.472.42$82,273
Sep 201973321,21655.052.66$96,729
Aug 201919223,11053.112.30$63,451
Jul 201951922,91656.272.46$85,579
Jun 201958323,53352.782.49$89,396
May 201978524,81858.482.74$113,916
Apr 201974223,60962.632.75$111,413
Mar 201968026,04856.803.06$118,386
Feb 201974423,85850.852.79$104,449
Jan 201994928,26746.033.23$134,933
Dec 201875128,78746.594.19$155,475
Nov 201858428,23152.934.24$150,533
Oct 20181,16632,80661.443.40$183,116
Sep 20181,09240,94359.543.11$192,269
Aug 20182,35983,01359.403.07$394,689
Jul 20181,73264,09665.142.93$300,744
Jun 201890830,33660.183.08$147,985
May 201890330,76865.382.90$148,290
Apr 201854224,96463.842.90$107,017
Mar 20181,20942,74061.222.79$193,125
Feb 201894739,50961.782.77$167,792
Jan 20181,09945,05462.874.01$249,730
Dec 201775239,31657.272.92$157,930
Nov 20171,12541,52855.423.12$191,847
Oct 20171,44440,21749.292.98$191,169
Sep 20171,07549,09747.523.09$202,660
Aug 20172,87583,86845.373.00$382,412
Jul 201754216,84443.873.09$75,780
Jun 20171,49345,28942.493.09$203,257
May 20171,99379,01045.373.26$348,264
Apr 201759946,90347.933.21$179,344
Mar 20173,093102,76046.772.98$451,263
Feb 20172,327146,84150.452.95$550,960
Jan 20174,2664,37749.413.42$225,747
Dec 20164,247188,10748.763.72$907,374
Nov 20165,346198,40142.492.64$751,793
Oct 20166,464205,99446.193.09$935,147
Sep 20166,920199,11241.553.10$904,899
Aug 20168,669223,73341.442.92$1,013,515
Jul 20168,944198,99341.622.92$954,172
Jun 20167,417155,65445.352.69$754,421
May 20163,75785,68142.521.99$330,342
Apr 201617916,06136.561.99$38,522

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                6,362 Mcf  × $  2.87 =    $18,257

────────────────────────────────────────────────────
Month total                                  $18,257

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/281279 is the state's own key, not one this site invented.