MORGAN

Operated by PNG PRODUCTION, LLC (P-5 102497) in the PANHANDLE, EAST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 33878District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$303 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
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 2,114 leases and 2,114 wells, and the rule below applies to all of them.

Discovered
1935-12-10
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: 67% ACRES X SIWP + (PLUS) 33% DELIVERABILITY

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
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
GasProduction93,162 Mcf$302,530
Total$302,530

20,124 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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.

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
no depth filed
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.

Completions filed
Nov 1959
1 of 1 wells

1 well

42-48380434A 1Nov 1959

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 (401)

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

401 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025260.553.23$6
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 20242868.993.12$87
Nov 2024069.052.20$0
Oct 202413171.372.28$299
Sep 20242969.612.36$69
Aug 2024475.632.06$8
Jul 2024079.932.15$0
Jun 20249378.082.63$245
May 202431878.812.20$699
Apr 20244984.451.66$81
Mar 202410180.301.55$156
Feb 20245476.091.78$96
Jan 20245473.023.30$178
Dec 20237771.262.61$201
Nov 202316577.892.81$463
Oct 202313885.443.09$426
Sep 202325189.042.74$687
Aug 202322080.522.67$588
Jul 202343274.852.64$1,141
Jun 20239968.962.26$224
May 202338570.622.23$858
Apr 202347678.122.24$1,065
Mar 202349472.852.39$1,182
Feb 202346275.112.47$1,139
Jan 202348876.533.39$1,653
Dec 202246076.415.73$2,635
Nov 202253485.005.65$3,015
Oct 202236987.185.86$2,164
Sep 202254084.888.16$4,408
Aug 202256094.529.13$5,111
Jul 2022489101.587.54$3,688
Jun 2022143115.097.98$1,141
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 202016438.371.83$299
Jun 202034434.901.69$581
May 202035416.921.81$642
Apr 202039414.751.80$711
Mar 202037930.341.86$704
Feb 202023849.881.98$471
Jan 202024257.252.09$507
Dec 201937559.012.30$864
Nov 201934255.302.75$941
Oct 201937953.472.42$917
Sep 201938055.052.66$1,010
Aug 201947453.112.30$1,092
Jul 201937856.272.46$930
Jun 201935252.782.49$877
May 201935158.482.74$962
Apr 201934662.632.75$952
Mar 201919556.803.06$597
Feb 201915750.852.79$438
Jan 201915646.033.23$504
Dec 201838346.594.19$1,603
Nov 201835752.934.24$1,513
Oct 201841861.443.40$1,420
Sep 201840859.543.11$1,268
Aug 201830759.403.07$941
Jul 201832365.142.93$947
Jun 201838860.183.08$1,194
May 201847465.382.90$1,375
Apr 201840963.842.90$1,186
Mar 201844261.222.79$1,232
Feb 201835161.782.77$971
Jan 201826462.874.01$1,058
Dec 201716757.272.92$488
Nov 201730355.423.12$945
Oct 201728049.292.98$835
Sep 201723047.523.09$710
Aug 201712345.373.00$370
Jul 201712543.873.09$386
Jun 201717842.493.09$550
May 201715245.373.26$496
Apr 201712747.933.21$408
Mar 20179446.772.98$280
Feb 201715850.452.95$467
Jan 201718249.413.42$622
Dec 201624048.763.72$893
Nov 201624042.492.64$635
Oct 201626646.193.09$822
Sep 201626341.553.10$815
Aug 201628541.442.92$833
Jul 201619041.622.92$556
Jun 20169645.352.69$258
May 20164942.521.99$98
Apr 201613836.561.99$275
Mar 201615333.011.79$274
Feb 201620026.472.06$413
Jan 201624127.352.36$570
Dec 201523432.362.00$468
Nov 201519738.792.17$427
Oct 201521443.552.43$519
Sep 201520842.992.76$574
Aug 201523740.162.87$681
Jul 201513748.152.95$403
Jun 20158356.152.88$239
May 201515755.212.96$464
Apr 201514549.822.71$392
Mar 201516242.892.93$475
Feb 201512644.662.98$375
Jan 201515843.433.10$490
Dec 201416754.693.59$600
Nov 201417070.464.25$723
Oct 201416878.303.90$655
Sep 201416286.164.05$655
Aug 201416689.394.04$670
Jul 201415296.564.18$635
Jun 201413098.164.74$616
May 201413794.734.73$648
Apr 201418095.944.81$866
Mar 201413195.895.06$662
Feb 201413497.406.19$830
Jan 201414490.404.86$700
Dec 201311291.824.35$488
Nov 201314188.853.74$527
Oct 201314697.423.78$552
Sep 2013155104.113.72$576
Aug 2013122104.253.52$430
Jul 2013139102.523.72$517
Jun 201315694.403.93$614
May 201317194.834.15$709
Apr 201315093.964.28$642
Mar 201317793.623.91$693
Feb 201316191.233.42$551
Jan 201321091.603.42$718
Dec 201217986.773.42$612
Nov 201217786.953.62$642
Oct 201218789.383.40$636
Sep 201218794.672.92$546
Aug 201218292.662.91$529
Jul 2012185.133.02$3
Jun 201217079.822.52$428
May 201218391.612.49$455
Apr 2012170101.652.00$339
Mar 2012157105.052.22$349
Feb 2012156101.102.57$401
Jan 201214198.092.73$386
Dec 201116996.873.24$548
Nov 201115795.723.31$520
Oct 201116284.983.65$591
Sep 201115183.623.99$602
Aug 201116083.404.15$664
Jul 201118094.144.52$813
Jun 201116192.904.64$747
May 20119698.134.40$423
Apr 201149105.964.33$212
Mar 20116596.364.06$264
Feb 20117785.644.18$322
Jan 20117486.504.59$340
Dec 201011985.734.35$517
Nov 201014880.843.80$562
Oct 201021078.103.51$737
Sep 20109572.633.98$378
Aug 201017373.684.42$765
Jul 201018472.554.74$872
Jun 201018270.364.91$894
May 201021971.124.24$928
Apr 201020281.694.12$833
Mar 201018178.394.39$794
Feb 20105173.585.44$278
Jan 20105074.365.96$298
Dec 20096871.445.48$373
Nov 20099674.593.75$360
Oct 200913772.544.11$563
Sep 200915065.543.06$460
Aug 200917267.423.22$554
Jul 200917161.133.46$592
Jun 200917666.163.90$686
May 200917254.743.93$675
Apr 200914646.773.59$524
Mar 200912142.144.06$491
Feb 200913932.814.63$644
Jan 200910835.865.37$580
Dec 200811337.105.98$675
Nov 200814755.496.86$1,008
Oct 200818375.246.92$1,267
Sep 2008187101.767.88$1,473
Aug 2008186114.228.48$1,578
Jul 2008189131.0811.39$2,153
Jun 2008222131.3313.03$2,893
May 2008194123.1711.57$2,245
Apr 2008157110.3110.45$1,641
Mar 2008172101.909.66$1,662
Feb 200818492.538.77$1,614
Jan 200819590.388.21$1,600
Dec 200717988.337.30$1,307
Nov 200717591.677.29$1,276
Oct 200721482.856.92$1,481
Sep 2007175.846.24$6
Aug 20078169.066.39$517
Jul 20078670.906.39$549
Jun 200720462.007.55$1,540
May 200722158.747.85$1,734
Apr 200721559.617.81$1,678
Mar 200720756.927.30$1,512
Feb 200724155.108.22$1,980
Jan 200717950.306.73$1,204
Dec 200626456.656.92$1,826
Nov 200625754.207.62$1,958
Oct 20063654.906.01$217
Sep 2006860.085.04$40
Aug 200612868.717.34$940
Jul 200627869.376.34$1,763
Jun 200624966.286.38$1,590
May 200625666.016.42$1,645
Apr 200623064.397.36$1,693
Mar 200621256.707.08$1,502
Feb 200620757.597.75$1,604
Jan 200620460.598.93$1,822
Dec 200521154.9413.42$2,831
Nov 200519154.6910.59$2,022
Oct 200520958.3413.80$2,883
Sep 200521261.4512.08$2,561
Aug 200533961.519.80$3,321
Jul 200517155.697.84$1,341
Jun 200523152.337.38$1,705
May 200520745.226.65$1,377
Apr 200518249.207.36$1,340
Mar 200518550.377.15$1,324
Feb 200518745.226.31$1,180
Jan 200523143.166.32$1,460
Dec 200424739.866.75$1,668
Nov 200425845.286.33$1,633
Oct 200423349.706.52$1,518
Sep 200426243.245.28$1,384
Aug 200424442.375.55$1,354
Jul 200428938.286.08$1,758
Jun 200425436.106.43$1,634
May 200427637.486.49$1,793
Apr 200423934.475.86$1,400
Mar 200425234.365.53$1,394
Feb 200424832.455.51$1,366
Jan 200423332.036.30$1,468
Dec 200319330.266.30$1,216
Nov 200328228.804.60$1,296
Oct 200328928.174.76$1,376
Sep 200329326.314.75$1,392
Aug 200322129.765.13$1,134
Jul 200324629.415.17$1,272
Jun 200326228.565.98$1,568
May 200326726.595.97$1,595
Apr 200325626.675.41$1,384
Mar 200322631.146.10$1,378
Feb 200317933.487.93$1,419
Jan 200322130.315.58$1,234
Dec 200231626.914.85$1,534
Nov 200227424.664.14$1,134
Oct 200230626.464.23$1,294
Sep 200233527.443.64$1,218
Aug 200229925.963.16$946
Jul 200232124.583.06$983
Jun 200232323.733.34$1,078
May 200237924.663.58$1,358
Apr 200230723.653.51$1,078
Mar 200234722.003.10$1,077
Feb 200233418.222.38$793
Jan 200245017.172.38$1,069
Dec 200138816.932.36$917
Nov 200135318.072.41$849
Oct 200135419.782.53$895
Sep 200128724.262.25$646
Aug 200135024.873.05$1,069
Jul 200136723.933.20$1,173
Jun 200145824.563.82$1,751
May 200140225.524.31$1,732
Apr 200134424.685.34$1,835
Mar 200130224.545.38$1,624
Feb 200122827.755.77$1,315
Jan 200124827.478.40$2,083
Dec 200031326.889.12$2,855
Nov 200024332.215.66$1,375
Oct 200029631.235.15$1,523
Sep 200028631.875.19$1,483
Aug 200031729.644.54$1,439
Jul 200035328.534.09$1,444
Jun 200030329.304.40$1,332
May 200029527.263.68$1,086
Apr 200015124.513.12$471
Mar 200019328.422.86$552
Feb 200019927.622.73$543
Jan 200019125.272.48$474
Dec 199935724.282.42$865
Nov 199938223.192.43$930
Oct 199935320.982.80$990
Sep 199942821.752.62$1,121
Aug 199937219.262.88$1,070
Jul 199936217.892.37$859
Jun 199938915.942.36$919
May 199933715.792.32$782
Apr 199938015.102.21$839
Mar 199935212.471.84$647
Feb 19993119.981.82$565
Jan 199936010.381.90$684
Dec 19983479.201.77$615
Nov 199838310.892.19$837
Oct 199837512.421.97$738
Sep 199832112.592.08$669
Aug 1998111.301.91$2
Jul 1998111.742.24$2
Jun 1998111.242.24$2
May 199814112.622.21$311
Apr 199816213.042.51$406
Mar 199839312.802.31$908
Feb 19988813.952.30$202
Jan 19988514.702.15$183
Dec 199726416.322.41$637
Nov 199721518.193.09$664
Oct 199737219.253.15$1,172
Sep 199717917.742.95$529
Aug 199737217.862.55$950
Jul 199764317.582.25$1,445
Jun 199750117.242.26$1,131
May 199757518.972.31$1,327
Apr 199746217.882.08$962
Mar 199743018.951.94$834
Feb 199742820.492.21$944
Jan 199746823.483.54$1,657
Dec 199649823.32$0
Nov 199642821.97$0
Oct 199655623.31$0
Sep 199648522.22$0
Aug 199649620.26$0
Jul 199626719.55$0
Jun 199641218.73$0
May 199646019.43$0
Apr 199646521.51$0
Mar 199644319.38$0
Feb 199649916.98$0
Jan 199650917.07$0
Dec 199548717.19$0
Nov 199554616.00$0
Oct 199556315.43$0
Sep 199561416.18$0
Aug 199557215.92$0
Jul 1995015.24$0
Jun 199524616.41$0
May 199546417.56$0
Apr 199529917.73$0
Mar 199529016.44$0
Feb 199550216.58$0
Jan 199546115.92$0
Dec 199445415.03$0
Nov 199446515.90$0
Oct 199443015.58$0
Sep 199444215.29$0
Aug 199447516.13$0
Jul 199444717.56$0
Jun 199449917.09$0
May 199443415.88$0
Apr 199452214.14$0
Mar 199442812.46$0
Feb 199446112.50$0
Jan 199426712.66$0
Dec 199341712.33$0
Nov 199342914.49$0
Oct 199338515.85$0
Sep 199333815.03$0
Aug 199334115.66$0
Jul 199332815.46$0
Jun 199334716.79$0
May 199336817.68$0
Apr 199335118.05$0
Mar 199328318.14$0
Feb 199335317.90$0
Jan 199329816.93$0

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 2025 — as filed, then multipliedworked
Gas                    2 Mcf  × $  3.23 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/33878 is the state's own key, not one this site invented.