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WATERS 240

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

Gas lease lease 290784District 10Field 53869270CondensateGasSaveExport
Value, all time
$1.5 M
May 2019 – May 2026
Value, last 12 filed months
$150 k
at the published price for each month
Months reported
85
no gaps in the span
Streams
2
condensate, gas

The LIPSCOMB (CLEVELAND) field

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 1,389 leases and 1,486 wells, and the rule below applies to all of them.

Discovered
1958-05-24
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 40 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: “FIELD”

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
CondensateDisposition13,181 bbl$872,749
GasProduction183,049 Mcf$635,447
Total$1,508,196

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 36.1275, -100.4457. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.12750, -100.44572 · 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
8,275 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 8,275 ft.

Completions filed
Dec 2014
1 of 1 wells

1 well

42-295341916H8,275 ftDec 2014——

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 (85)

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

85 months

May 20261511,155106.413.05$19,586
Apr 202601,33298.932.87$3,822
Mar 20261721,77089.753.15$21,012
Feb 20261701,79163.503.75$17,512
Jan 2026075659.138.00$6,046
Dec 202515080756.664.41$12,061
Nov 202515850658.593.93$11,244
Oct 202502,67659.383.30$8,844
Sep 202517468262.743.08$13,015
Aug 2025098063.933.01$2,954
Jul 20251551,88366.743.32$16,587
Jun 20251632,10166.483.13$17,410
May 20251672,27160.553.23$17,452
Apr 20251712,17662.363.54$18,373
Mar 202502,22067.704.27$9,476
Feb 20251591,96070.884.34$19,778
Jan 20251792,04274.324.28$22,040
Dec 202402,15068.993.12$6,711
Nov 202417478769.052.20$13,745
Oct 202401,98971.372.28$4,538
Sep 20241711,98469.612.36$16,594
Aug 20241621,84175.632.06$16,051
Jul 20241581,42079.932.15$15,677
Jun 20241181,09978.082.63$12,108
May 202401,34578.812.20$2,957
Apr 20241611,41384.451.66$15,941
Mar 20241781,51380.301.55$16,631
Feb 20241571,29576.091.78$14,256
Jan 202401,06073.023.30$3,496
Dec 20231661,73371.262.61$16,354
Nov 20231661,80777.892.81$18,003
Oct 20231731,85385.443.09$20,502
Sep 20231621,13489.042.74$17,526
Aug 20231681,38680.522.67$17,232
Jul 202301,50474.852.64$3,973
Jun 202315147368.962.26$11,481
May 2023078670.622.23$1,751
Apr 20234069978.122.24$4,689
Mar 202317282472.852.39$14,502
Feb 2023065175.112.47$1,605
Jan 20231712,47676.533.39$21,475
Dec 20221712,16276.415.73$25,452
Nov 20221722,39085.005.65$28,114
Oct 20221722,35387.185.86$28,792
Sep 20221662,25084.888.16$32,458
Aug 20221702,41294.529.13$38,083
Jul 20221742,264101.587.54$34,750
Jun 20221722,401115.097.98$38,949
May 202202,384109.378.43$20,104
Apr 20221752,517104.226.84$35,449
Mar 20221732,791108.885.08$33,004
Feb 20221632,04491.054.86$24,773
Jan 20221721,35281.844.54$20,211
Dec 20211722,35371.323.90$21,442
Nov 20211761,96877.435.24$23,934
Oct 20211732,06079.795.71$25,574
Sep 20211702,40769.865.35$24,756
Aug 20211682,67166.024.22$22,365
Jul 20211712,68970.783.98$22,811
Jun 20213452,78769.493.38$33,396
May 20211742,87963.483.02$19,733
Apr 20211732,90860.362.76$18,464
Mar 20211763,10761.302.72$19,230
Feb 20211772,28357.805.55$22,897
Jan 202102,71450.412.81$7,627
Dec 20201852,95844.642.68$16,172
Nov 20201841,73138.772.71$11,819
Oct 20201842,33236.972.48$12,582
Sep 20201942,82037.091.99$12,810
Aug 20203703,08339.982.39$22,146
Jul 20203914,14838.371.83$22,573
Jun 20203804,12934.901.69$20,241
May 202003,29116.921.81$5,972
Apr 20201951,89414.751.80$6,294
Mar 20201762,18030.341.86$9,386
Feb 202002,36049.881.98$4,674
Jan 20203622,50557.252.09$25,972
Dec 20191883,40459.012.30$18,938
Nov 20193623,43055.302.75$29,454
Oct 201903,39053.472.42$8,199
Sep 20191784,05755.052.66$20,579
Aug 20191834,30453.112.30$19,637
Jul 20193544,20156.272.46$30,254
Jun 20191794,20052.782.49$19,911
May 20195444,15658.482.74$43,202

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           151 bbl  × $106.41 =    $16,068
Gas                1,155 Mcf  × $  3.05 =     $3,518

────────────────────────────────────────────────────
Month total                                  $19,586

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/290784 is the state's own key, not one this site invented.