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 283044District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.1 M
Mar 2017 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
111
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 Gas112018-03-07221381
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
CondensateDisposition33,151 bbl$2,065,366
GasProduction4,883,747 Mcf$15,985,058
Total$18,050,424

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, -100.3224. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.65631, -100.32236 · 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
11,516 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 11,516 ft.

Completions filed
Mar 2017
1 of 1 wells

1 well

42-211355503H11,516 ftMar 2017

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 (111)

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

111 months

May 202600106.413.05$0
Apr 2026026,80198.932.87$76,911
Mar 202636025,81889.753.15$113,622
Feb 202618424,85263.503.75$104,887
Jan 202636526,95159.138.00$237,134
Dec 202518128,89856.664.41$137,793
Nov 202537528,43158.593.93$133,604
Oct 202517729,80359.383.30$109,004
Sep 2025027,28262.743.08$83,945
Aug 202536529,44263.933.01$112,095
Jul 202536827,51866.743.32$115,788
Jun 202518428,56266.483.13$101,595
May 202517730,68560.553.23$109,901
Apr 202518728,97262.363.54$114,313
Mar 202518832,19167.704.27$150,129
Feb 202536128,83670.884.34$150,760
Jan 202518132,60374.324.28$152,950
Dec 202437032,93268.993.12$128,319
Nov 202436630,79469.052.20$92,971
Oct 202418427,35271.372.28$75,533
Sep 202417922,40669.612.36$65,436
Aug 202417221,68175.632.06$57,750
Jul 202418425,47879.932.15$69,398
Jun 202417429,49578.082.63$91,275
May 2024031,97478.812.20$70,293
Apr 202418531,43184.451.66$67,774
Mar 202436034,63080.301.55$82,416
Feb 202417932,48076.091.78$71,553
Jan 202450935,62173.023.30$154,633
Dec 202318234,56571.262.61$103,209
Nov 202335233,84077.892.81$122,425
Oct 202317935,65485.443.09$125,368
Sep 202337134,90689.042.74$128,503
Aug 202321636,51880.522.67$115,001
Jul 202339135,87874.852.64$124,049
Jun 202321834,24068.962.26$92,364
May 202322237,01470.622.23$98,123
Apr 202339935,58278.122.24$110,794
Mar 202320138,09172.852.39$105,801
Feb 202319736,01775.112.47$103,603
Jan 202343240,32676.533.39$169,674
Dec 202242637,95176.415.73$249,975
Nov 202217737,91585.005.65$229,121
Oct 202220439,96087.185.86$252,101
Sep 202237937,58384.888.16$338,985
Aug 202219542,11594.529.13$402,822
Jul 20223512,603101.587.54$98,608
Jun 202220123,292115.097.98$208,938
May 202240539,986109.378.43$381,498
Apr 2022150104.226.84$1,563
Mar 202255939,185108.885.08$259,783
Feb 202240434,81491.054.86$205,940
Jan 20221638,17981.844.54$174,554
Dec 202137737,68371.323.90$173,818
Nov 202139636,12977.435.24$219,864
Oct 202121239,99579.795.71$245,442
Sep 202136937,35769.865.35$225,673
Aug 20211536,14866.024.22$153,556
Jul 202119535,33770.783.98$154,517
Jun 202138536,05369.493.38$148,635
May 202120138,62163.483.02$129,305
Apr 202121542,23260.362.76$129,471
Mar 202158354,86861.302.72$184,811
Feb 20214616,70657.805.55$95,343
Jan 202120346,28750.412.81$140,312
Dec 202039448,38344.642.68$147,035
Nov 202040152,38038.772.71$157,317
Oct 202036353,09336.972.48$145,007
Sep 202038347,22337.091.99$108,228
Aug 202038151,48339.982.39$138,024
Jul 202019650,07738.371.83$98,917
Jun 202070149,00834.901.69$107,304
May 20202551,63916.921.81$94,135
Apr 202039949,24914.751.80$94,749
Mar 202035451,36930.341.86$106,093
Feb 202037757,73849.881.98$133,165
Jan 202036647,93257.252.09$121,359
Dec 201936449,70359.012.30$136,013
Nov 201918344,11855.302.75$131,475
Oct 201936445,02153.472.42$128,348
Sep 201935941,85755.052.66$130,989
Aug 201934344,53153.112.30$120,832
Jul 201917641,99456.272.46$113,211
Jun 201917741,69452.782.49$113,210
May 201935545,96558.482.74$146,719
Apr 201917942,61262.632.75$128,424
Mar 201936447,53056.803.06$166,217
Feb 201936445,97850.852.79$146,890
Jan 201936155,23746.033.23$194,932
Dec 201835959,60446.594.19$266,195
Nov 201836057,39352.934.24$262,243
Oct 201817463,30461.443.40$225,803
Sep 201836059,53759.543.11$206,475
Aug 201836264,46259.403.07$219,179
Jul 201834765,14565.142.93$213,601
Jun 201850662,71860.183.08$223,429
May 201834965,55965.382.90$212,991
Apr 201853666,66163.842.90$227,588
Mar 201836273,50961.222.79$227,019
Feb 201818074,65461.782.77$217,622
Jan 201835681,46662.874.01$349,005
Dec 201736082,41457.272.92$261,391
Nov 201754087,85555.423.12$303,890
Oct 201718072,84449.292.98$226,215
Sep 201718014,19047.523.09$52,362
Aug 201754487,53145.373.00$287,659
Jul 2017534115,75243.873.09$380,785
Jun 2017903136,94042.493.09$461,141
May 20171,087144,58945.373.26$521,169
Apr 2017555101,20847.933.21$351,641
Mar 201703,04946.772.98$9,097

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               26,801 Mcf  × $  2.87 =    $76,911

────────────────────────────────────────────────────
Month total                                  $76,911

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/283044 is the state's own key, not one this site invented.