DIXON 5554 CXL

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 283045District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.7 M
Mar 2017 – May 2026
Value, last 12 filed months
$911 k
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 Gas112018-05-21221538
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
CondensateDisposition112,829 bbl$6,648,261
GasProduction5,760,392 Mcf$18,085,546
Total$24,733,807

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 35.6564, -100.3163. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.65642, -100.31635 · 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
12,059 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 12,059 ft.

Completions filed
May 2017
1 of 1 wells

1 well

42-211355534H12,059 ftMay 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 2026016,17798.932.87$46,423
Mar 20261795,35889.753.15$32,940
Feb 202652614,77563.503.75$88,812
Jan 202635316,05959.138.00$149,311
Dec 202536216,62856.664.41$93,896
Nov 202536616,21958.593.93$85,127
Oct 202536117,40159.383.30$78,944
Sep 202554515,25362.743.08$81,126
Aug 202556216,10863.933.01$84,490
Jul 202536816,81366.743.32$80,299
Jun 202554117,04466.483.13$89,292
May 202537416,04860.553.23$74,518
Apr 202537315,77362.363.54$79,146
Mar 202573616,57567.704.27$120,575
Feb 202517514,55770.884.34$75,594
Jan 202554415,91374.324.28$108,517
Dec 202472015,70168.993.12$98,681
Nov 2024015,17869.052.20$33,368
Oct 202435317,72071.372.28$65,620
Sep 202436115,13269.612.36$60,907
Aug 202418615,96475.632.06$47,011
Jul 202473317,49879.932.15$96,150
Jun 202417016,91478.082.63$57,825
May 202434717,23778.812.20$65,242
Apr 202454717,48884.451.66$75,210
Mar 202453817,97180.301.55$70,969
Feb 202435416,92476.091.78$57,122
Jan 202490317,95573.023.30$125,147
Dec 202318521,00371.262.61$68,016
Nov 202373720,65577.892.81$115,395
Oct 202342521,46685.443.09$102,584
Sep 202343320,87789.042.74$95,654
Aug 202351021,81380.522.67$99,369
Jul 202342320,29974.852.64$85,287
Jun 202362721,20268.962.26$91,122
May 202397122,22670.622.23$118,078
Apr 20235621,82278.122.24$53,207
Mar 202357322,86872.852.39$96,470
Feb 202376321,07375.112.47$109,268
Jan 202348222,33076.533.39$112,535
Dec 202267922,72376.415.73$182,064
Nov 202251823,84685.005.65$178,669
Oct 202273823,71887.185.86$203,416
Sep 202238922,97384.888.16$220,563
Aug 202259024,72294.529.13$281,408
Jul 202279124,604101.587.54$265,915
Jun 202241224,072115.097.98$239,444
May 202244025,649109.378.43$264,422
Apr 2022370104.226.84$3,856
Mar 202260225,649108.885.08$195,750
Feb 202283220,00391.054.86$172,945
Jan 202240922,26181.844.54$134,486
Dec 202175624,75771.323.90$150,448
Nov 202182223,27477.435.24$185,530
Oct 202181325,21879.795.71$208,962
Sep 202158224,52269.865.35$171,874
Aug 202159526,73266.024.22$152,107
Jul 202176926,27770.783.98$159,067
Jun 202161325,89969.493.38$130,152
May 202176828,08463.483.02$133,501
Apr 20211,18524,23860.362.76$138,385
Mar 202164626,99661.302.72$112,946
Feb 202128415,78557.805.55$103,990
Jan 20211,30931,04950.412.81$153,243
Dec 202060531,65544.642.68$111,699
Nov 202097232,62838.772.71$125,994
Oct 202088639,15336.972.48$129,793
Sep 202076450,61337.091.99$129,109
Aug 20201,30052,10039.982.39$176,238
Jul 202095152,26238.371.83$131,874
Jun 20201,98453,86634.901.69$160,292
May 202026057,62816.921.81$108,980
Apr 20201,19757,90514.751.80$122,138
Mar 20201,14557,76730.341.86$141,968
Feb 20201,11459,97549.881.98$174,357
Jan 20201,47560,40157.252.09$210,968
Dec 20191,29871,57159.012.30$241,520
Nov 20191,25672,59255.302.75$269,136
Oct 20191,09278,44753.472.42$248,116
Sep 20191,60277,60255.052.66$294,400
Aug 20191,58184,60153.112.30$278,918
Jul 20191,22684,98956.272.46$278,065
Jun 20191,30585,13852.782.49$280,974
May 20192,01290,38858.482.74$365,354
Apr 20191,28292,04562.632.75$333,480
Mar 20191,98795,97456.803.06$406,744
Feb 20191,47292,57950.852.79$333,352
Jan 20192,35497,38646.033.23$422,734
Dec 20181,109102,37946.594.19$480,169
Nov 20181,828107,15552.934.24$550,797
Oct 20181,857132,09261.443.40$562,953
Sep 20182,135132,92559.543.11$540,249
Aug 20181,221142,49259.403.07$509,488
Jul 20182,205148,17465.142.93$578,062
Jun 20181,941150,28960.183.08$579,237
May 20182,627166,86765.382.90$655,801
Apr 20182,335185,25163.842.90$686,443
Mar 20181,434107,45261.222.79$387,241
Feb 20182,211145,07061.782.77$537,877
Jan 20183,600189,03162.874.01$984,218
Dec 20173,706233,16457.272.92$893,436
Nov 20175,114232,11955.423.12$1,007,248
Oct 20173,443149,66149.292.98$616,246
Sep 20171,86496,62347.523.09$386,880
Aug 20172,304114,13745.373.00$447,446
Jul 20173,167133,88443.873.09$552,274
Jun 20173,366142,48542.493.09$582,912
May 201790148,12545.373.26$197,930
Apr 201701,32047.933.21$4,239
Mar 201701,36446.772.98$4,070

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               16,177 Mcf  × $  2.87 =    $46,423

────────────────────────────────────────────────────
Month total                                  $46,423

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/283045 is the state's own key, not one this site invented.