KEY -11-

Operated by PRESIDIO PETROLEUM LLC (P-5 676084) in the ALLISON-BRITT (12350) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 281874District 10Field 018125002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.6 M
Nov 2016 – May 2026
Value, last 12 filed months
$361 k
at the published price for each month
Months reported
115
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 112 leases and 112 wells, and the rule below applies to all of them.

Discovered
1979-10-16
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 40 acres. The field rule took effect on 2013-02-12.

The Commission's schedule remark for this field reads: SUSPENDED.

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 Gas112018-04-18220782
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
CondensateDisposition39,933 bbl$2,283,607
GasProduction1,939,436 Mcf$6,358,963
Total$8,642,571

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 35.5749, -100.0243. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.57489, -100.02426 · 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
12,872 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 12,872 ft.

Completions filed
Nov 2016
1 of 1 wells

1 well

42-483339271H12,872 ftNov 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 (115)

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

115 months

May 202605,708106.413.05$17,386
Apr 20261795,52698.932.87$33,567
Mar 20261755,76789.753.15$33,869
Feb 202605,49163.503.75$20,593
Jan 20261975,61059.138.00$56,517
Dec 202505,92856.664.41$26,162
Nov 20251715,94758.593.93$33,369
Oct 20251606,13059.383.30$29,759
Sep 20251715,53962.743.08$27,772
Aug 202506,02763.933.01$18,170
Jul 20251886,19966.743.32$33,098
Jun 20251815,99966.483.13$30,802
May 20251546,21360.553.23$29,407
Apr 202506,25862.363.54$22,173
Mar 20251896,62767.704.27$41,081
Feb 202505,68670.884.34$24,682
Jan 20251876,26774.324.28$40,712
Dec 20241946,41768.993.12$33,414
Nov 202406,27669.052.20$13,797
Oct 2024916,65271.372.28$21,671
Sep 20241876,56569.612.36$28,539
Aug 20241676,82675.632.06$26,717
Jul 2024636,88679.932.15$19,817
Jun 20242406,85978.082.63$36,806
May 20241927,03478.812.20$30,595
Apr 202406,88084.451.66$11,415
Mar 20241936,91580.301.55$26,182
Feb 20241967,29676.091.78$27,927
Jan 20241926,37173.023.30$35,029
Dec 20231917,40771.262.61$32,948
Nov 20231907,20677.892.81$35,030
Oct 2023267,71285.443.09$26,031
Sep 20231807,25789.042.74$35,875
Aug 20231957,82380.522.67$36,611
Jul 20231807,90774.852.64$34,362
Jun 202307,66168.962.26$17,302
May 20231938,07770.622.23$31,620
Apr 20231817,89478.122.24$31,805
Mar 20231918,32272.852.39$33,830
Feb 20231947,43475.112.47$32,901
Jan 20231958,58576.533.39$44,007
Dec 20221988,81376.415.73$65,620
Nov 20221818,10485.005.65$61,142
Oct 202209,27387.185.86$54,375
Sep 20221939,09384.888.16$90,614
Aug 20221909,59394.529.13$105,516
Jul 20221869,726101.587.54$92,248
Jun 20221859,455115.097.98$96,716
May 20221879,913109.378.43$104,049
Apr 20221799,682104.226.84$84,857
Mar 202238510,142108.885.08$93,404
Feb 202209,22691.054.86$44,828
Jan 202218910,25181.844.54$61,984
Dec 2021759,64471.323.90$42,952
Nov 20212669,98677.435.24$72,892
Oct 202119010,61079.795.71$75,784
Sep 202119210,72569.865.35$70,802
Aug 202119110,70466.024.22$57,787
Jul 202119011,12970.783.98$57,765
Jun 202111311,18169.493.38$45,651
May 202119311,84963.483.02$48,008
Apr 202137911,64960.362.76$55,009
Mar 202118912,38661.302.72$45,238
Feb 202118110,34957.805.55$67,878
Jan 202117012,58950.412.81$43,948
Dec 202019112,79144.642.68$42,748
Nov 202036312,67038.772.71$48,366
Oct 202018912,67036.972.48$38,389
Sep 202026013,05537.091.99$35,636
Aug 202035813,71139.982.39$47,015
Jul 202055413,91538.371.83$46,654
Jun 202018313,76234.901.69$29,649
May 2020014,51516.921.81$26,341
Apr 202037214,35914.751.80$31,396
Mar 202018615,15430.341.86$33,773
Feb 202018914,41149.881.98$37,971
Jan 202037315,75857.252.09$54,363
Dec 201938516,07959.012.30$59,771
Nov 201919115,74255.302.75$53,864
Oct 201937816,54353.472.42$60,222
Sep 201919316,57355.052.66$54,664
Aug 201957117,51453.112.30$70,684
Jul 201937817,94056.272.46$65,404
Jun 201938317,59652.782.49$64,050
May 201919118,73258.482.74$62,501
Apr 201938118,60262.632.75$75,031
Mar 201938519,65356.803.06$82,047
Feb 201939317,88250.852.79$69,915
Jan 201919020,79946.033.23$75,889
Dec 201839121,47446.594.19$108,095
Nov 201857220,68152.934.24$117,906
Oct 201838722,76161.443.40$101,121
Sep 201838322,68359.543.11$93,303
Aug 201838324,19759.403.07$96,952
Jul 201856724,88065.142.93$109,880
Jun 201857524,90660.183.08$111,237
May 201838526,74465.382.90$102,750
Apr 201857326,44163.842.90$113,280
Mar 201876828,49261.222.79$126,420
Feb 201857426,60161.782.77$109,043
Jan 201878030,55362.874.01$171,535
Dec 201756832,19857.272.92$126,596
Nov 201794432,37855.423.12$153,283
Oct 201777033,79849.292.98$138,796
Sep 201793735,28147.523.09$153,449
Aug 20171,13239,02445.373.00$168,603
Jul 201795642,34143.873.09$172,658
Jun 201794344,71842.493.09$178,125
May 20171,32550,93245.373.26$226,327
Apr 20171,50454,44247.933.21$246,933
Mar 20171,53563,50446.772.98$261,268
Feb 20171,16065,87650.452.95$253,027
Jan 20172,11188,68049.413.42$407,484
Dec 20162,488126,80148.763.72$593,373
Nov 2016027,36842.492.64$72,371

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                5,708 Mcf  × $  3.05 =    $17,386

────────────────────────────────────────────────────
Month total                                  $17,386

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/281874 is the state's own key, not one this site invented.