JERNIGAN

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 53968District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$294 k
Jan 1993 – May 2026
Value, last 12 filed months
$5 k
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
NGPA2none

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
GasProduction81,732 Mcf$294,291
Total$294,291

13,795 Mcf of this lease's gas, across 43 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.

These wells centre on 35.2569, -100.2477. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.25693, -100.24773 · 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
1,960 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 1,960 ft.

Completions filed
Jan 1968
1 of 1 wells

1 well

42-4838049311,960 ftJan 1968

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 20265798.932.87$164
Mar 2026089.753.15$0
Feb 202611863.503.75$443
Jan 202611559.138.00$920
Dec 20259356.664.41$410
Nov 20258958.593.93$349
Oct 202516859.383.30$555
Sep 202519462.743.08$597
Aug 202524363.933.01$733
Jul 20255366.743.32$176
Jun 202510366.483.13$322
May 202520260.553.23$653
Apr 202518362.363.54$648
Mar 202518767.704.27$798
Feb 202519670.884.34$851
Jan 202514974.324.28$638
Dec 20249968.993.12$309
Nov 202421469.052.20$470
Oct 202418571.372.28$422
Sep 20247969.612.36$187
Aug 202415975.632.06$328
Jul 202412679.932.15$270
Jun 20247778.082.63$203
May 202414778.812.20$323
Apr 202412384.451.66$204
Mar 202419280.301.55$297
Feb 202420476.091.78$364
Jan 202417873.023.30$587
Dec 202321871.262.61$569
Nov 202322477.892.81$629
Oct 202318385.443.09$565
Sep 202310489.042.74$284
Aug 20239880.522.67$262
Jul 20232374.852.64$61
Jun 20236868.962.26$154
May 202320570.622.23$457
Apr 202320978.122.24$468
Mar 202322272.852.39$531
Feb 202320975.112.47$515
Jan 202323276.533.39$786
Dec 202222776.415.73$1,301
Nov 202221985.005.65$1,237
Oct 202224087.185.86$1,407
Sep 202222884.888.16$1,861
Aug 202219494.529.13$1,771
Jul 2022161101.587.54$1,214
Jun 2022172115.097.98$1,372
May 2022225109.378.43$1,897
Apr 2022209104.226.84$1,429
Mar 2022218108.885.08$1,107
Feb 202222491.054.86$1,088
Jan 202224481.844.54$1,107
Dec 202124471.323.90$951
Nov 202125477.435.24$1,330
Oct 202124179.795.71$1,377
Sep 202123569.865.35$1,257
Aug 202110866.024.22$456
Jul 202118370.783.98$729
Jun 202120769.493.38$700
May 202123063.483.02$694
Apr 202122960.362.76$632
Mar 202124061.302.72$652
Feb 202114657.805.55$810
Jan 202124250.412.81$680
Dec 202022844.642.68$610
Nov 202023238.772.71$628
Oct 202021136.972.48$523
Sep 202017037.091.99$338
Aug 20205939.982.39$141
Jul 20205138.371.83$93
Jun 20209834.901.69$166
May 202019916.921.81$361
Apr 202017014.751.80$307
Mar 202023130.341.86$429
Feb 202021449.881.98$424
Jan 202013857.252.09$289
Dec 20196459.012.30$147
Nov 20196155.302.75$168
Oct 20199253.472.42$223
Sep 201918655.052.66$494
Aug 201917553.112.30$403
Jul 201917856.272.46$438
Jun 201919752.782.49$491
May 201919758.482.74$540
Apr 201917262.632.75$473
Mar 201916856.803.06$514
Feb 201919850.852.79$553
Jan 201919846.033.23$639
Dec 201820746.594.19$866
Nov 201819352.934.24$818
Oct 201819261.443.40$652
Sep 201819659.543.11$609
Aug 201811359.403.07$347
Jul 201810565.142.93$308
Jun 201818160.183.08$557
May 201819865.382.90$574
Apr 201817563.842.90$508
Mar 201816261.222.79$451
Feb 20189861.782.77$271
Jan 201814162.874.01$565
Dec 201717457.272.92$508
Nov 201720755.423.12$646
Oct 201721549.292.98$641
Sep 201720647.523.09$636
Aug 201720045.373.00$601
Jul 201717143.873.09$528
Jun 201718542.493.09$571
May 201720845.373.26$679
Apr 201719147.933.21$613
Mar 201720546.772.98$612
Feb 201716150.452.95$475
Jan 201713849.413.42$472
Dec 201617148.763.72$637
Nov 201620742.492.64$547
Oct 201622646.193.09$698
Sep 201621941.553.10$679
Aug 201620441.442.92$597
Jul 201622041.622.92$643
Jun 201623345.352.69$626
May 201613542.521.99$269
Apr 20163236.561.99$64
Mar 20164233.011.79$75
Feb 20165526.472.06$114
Jan 20167727.352.36$182
Dec 201515432.362.00$308
Nov 201513338.792.17$288
Oct 20155443.552.43$131
Sep 20155242.992.76$143
Aug 20155040.162.87$144
Jul 20158448.152.95$247
Jun 20155956.152.88$170
May 20153255.212.96$95
Apr 20152649.822.71$70
Mar 20153842.892.93$112
Feb 20156444.662.98$190
Jan 20159443.433.10$291
Dec 201411654.693.59$417
Nov 201412770.464.25$540
Oct 201414778.303.90$573
Sep 201414386.164.05$579
Aug 201411289.394.04$452
Jul 20148296.564.18$343
Jun 20147698.164.74$360
May 20145394.734.73$251
Apr 20145995.944.81$284
Mar 20144595.895.06$228
Feb 20145697.406.19$347
Jan 20149290.404.86$447
Dec 20138991.824.35$388
Nov 201314588.853.74$542
Oct 201313597.423.78$510
Sep 2013129104.113.72$480
Aug 2013113104.253.52$398
Jul 2013112102.523.72$416
Jun 201313794.403.93$539
May 201311894.834.15$490
Apr 201313593.964.28$578
Mar 201312193.623.91$473
Feb 201310991.233.42$373
Jan 201316291.603.42$554
Dec 201221686.773.42$739
Nov 201221586.953.62$779
Oct 201220489.383.40$694
Sep 201219194.672.92$557
Aug 201219192.662.91$555
Jul 201218785.133.02$565
Jun 201217979.822.52$451
May 201220791.612.49$515
Apr 2012209101.652.00$417
Mar 2012214105.052.22$476
Feb 2012186101.102.57$478
Jan 201220298.092.73$552
Dec 201122196.873.24$716
Nov 201117195.723.31$566
Oct 201117284.983.65$628
Sep 201118583.623.99$737
Aug 201117983.404.15$743
Jul 201119394.144.52$872
Jun 201119392.904.64$896
May 201121598.134.40$947
Apr 2011209105.964.33$906
Mar 201120696.364.06$836
Feb 201118885.644.18$786
Jan 201120986.504.59$959
Dec 201020685.734.35$896
Nov 201020680.843.80$782
Oct 201022078.103.51$772
Sep 201019772.633.98$784
Aug 201019873.684.42$875
Jul 201019772.554.74$933
Jun 201020370.364.91$997
May 201022371.124.24$944
Apr 201023181.694.12$952
Mar 201023878.394.39$1,045
Feb 201021273.585.44$1,154
Jan 201022274.365.96$1,324
Dec 200922471.445.48$1,228
Nov 200921774.593.75$814
Oct 200922772.544.11$933
Sep 200922065.543.06$674
Aug 200920567.423.22$660
Jul 200921661.133.46$748
Jun 200921666.163.90$841
May 200922854.743.93$895
Apr 200920846.773.59$746
Mar 200922542.144.06$913
Feb 200920732.814.63$959
Jan 200922435.865.37$1,203
Dec 200821937.105.98$1,309
Nov 200822155.496.86$1,516
Oct 200822575.246.92$1,557
Sep 2008202101.767.88$1,591
Aug 2008180114.228.48$1,527
Jul 2008159131.0811.39$1,811
Jun 2008150131.3313.03$1,955
May 2008162123.1711.57$1,875
Apr 2008167110.3110.45$1,746
Mar 2008181101.909.66$1,749
Feb 200817392.538.77$1,517
Jan 200819490.388.21$1,592
Dec 200721088.337.30$1,533
Nov 200722691.677.29$1,648
Oct 200722682.856.92$1,564
Sep 200721475.846.24$1,336
Aug 200722269.066.39$1,418
Jul 200721970.906.39$1,399
Jun 200722062.007.55$1,661
May 200723158.747.85$1,812
Apr 200722959.617.81$1,787
Mar 200724056.927.30$1,752
Feb 200721155.108.22$1,734
Jan 200722450.306.73$1,507
Dec 200621956.656.92$1,515
Nov 200622554.207.62$1,714
Oct 200623554.906.01$1,413
Sep 200623060.085.04$1,159
Aug 200623168.717.34$1,696
Jul 200620769.376.34$1,313
Jun 200621666.286.38$1,379
May 200622266.016.42$1,426
Apr 200622464.397.36$1,649
Mar 200623356.707.08$1,650
Feb 200620257.597.75$1,566
Jan 200623460.598.93$2,090
Dec 200522954.9413.42$3,072
Nov 200522154.6910.59$2,340
Oct 200523458.3413.80$3,228
Sep 200523661.4512.08$2,851
Aug 200523361.519.80$2,283
Jul 200523255.697.84$1,820
Jun 200522152.337.38$1,631
May 200522345.226.65$1,483
Apr 200522049.207.36$1,619
Mar 200522750.377.15$1,624
Feb 200519445.226.31$1,225
Jan 200521343.166.32$1,347
Dec 200421739.866.75$1,465
Nov 200422245.286.33$1,405
Oct 200423949.706.52$1,557
Sep 200422543.245.28$1,189
Aug 200423042.375.55$1,277
Jul 200423738.286.08$1,442
Jun 200423736.106.43$1,525
May 200424937.486.49$1,617
Apr 200423734.475.86$1,388
Mar 200422934.365.53$1,266
Feb 200422132.455.51$1,218
Jan 200424132.036.30$1,518
Dec 200323130.266.30$1,456
Nov 200322228.804.60$1,020
Oct 200322428.174.76$1,066
Sep 200322326.314.75$1,059
Aug 200322929.765.13$1,175
Jul 200322729.415.17$1,174
Jun 200319328.565.98$1,155
May 200322426.595.97$1,338
Apr 200323226.675.41$1,254
Mar 200324431.146.10$1,487
Feb 200320933.487.93$1,657
Jan 200321530.315.58$1,200
Dec 200221626.914.85$1,048
Nov 200219124.664.14$790
Oct 200221226.464.23$897
Sep 200222427.443.64$814
Aug 200220125.963.16$636
Jul 200218124.583.06$554
Jun 200218423.733.34$614
May 200220024.663.58$717
Apr 200220223.653.51$709
Mar 200221222.003.10$658
Feb 200219218.222.38$456
Jan 200222117.172.38$525
Dec 200121816.932.36$515
Nov 200125118.072.41$604
Oct 200124819.782.53$627
Sep 200121324.262.25$480
Aug 200121024.873.05$641
Jul 200121123.933.20$675
Jun 200122124.563.82$845
May 200118025.524.31$775
Apr 200129924.685.34$1,595
Mar 200134224.545.38$1,839
Feb 200129627.755.77$1,707
Jan 200132027.478.40$2,688
Dec 200030826.889.12$2,810
Nov 200031932.215.66$1,805
Oct 200024231.235.15$1,245
Sep 200027531.875.19$1,426
Aug 200017029.644.54$772
Jul 200018628.534.09$761
Jun 200014429.304.40$633
May 20008727.263.68$320
Apr 200011824.513.12$368
Mar 200029028.422.86$829
Feb 200032527.622.73$886
Jan 200028725.272.48$712
Dec 199931724.282.42$768
Nov 199931123.192.43$757
Oct 199931020.982.80$869
Sep 199925521.752.62$668
Aug 199923919.262.88$687
Jul 199927317.892.37$648
Jun 199933215.942.36$784
May 199927215.792.32$631
Apr 199933115.102.21$731
Mar 199932812.471.84$603
Feb 19993359.981.82$609
Jan 199932010.381.90$608
Dec 19983059.201.77$541
Nov 199833610.892.19$734
Oct 199828812.421.97$567
Sep 199824812.592.08$516
Aug 199819911.301.91$380
Jul 199818911.742.24$423
Jun 199826411.242.24$591
May 199822712.622.21$501
Apr 199817913.042.51$448
Mar 199832812.802.31$758
Feb 199831413.952.30$722
Jan 199833214.702.15$715
Dec 199731316.322.41$755
Nov 199716118.193.09$497
Oct 199731919.253.15$1,005
Sep 199730617.742.95$904
Aug 199715317.862.55$391
Jul 199714217.582.25$319
Jun 199715917.242.26$359
May 199715818.972.31$365
Apr 199728117.882.08$585
Mar 199729518.951.94$572
Feb 199726220.492.21$578
Jan 199729423.483.54$1,041
Dec 199630423.32$0
Nov 199635021.97$0
Oct 199637423.31$0
Sep 199636322.22$0
Aug 199633020.26$0
Jul 199633219.55$0
Jun 199634818.73$0
May 199634819.43$0
Apr 199632621.51$0
Mar 199634319.38$0
Feb 199639716.98$0
Jan 199631017.07$0
Dec 199538617.19$0
Nov 199537516.00$0
Oct 199531015.43$0
Sep 1995016.18$0
Aug 1995015.92$0
Jul 1995015.24$0
Jun 1995016.41$0
May 1995017.56$0
Apr 199516717.73$0
Mar 199524416.44$0
Feb 199529316.58$0
Jan 199536015.92$0
Dec 199440015.03$0
Nov 199442915.90$0
Oct 199442215.58$0
Sep 199445615.29$0
Aug 199429216.13$0
Jul 199415517.56$0
Jun 19946517.09$0
May 19946615.88$0
Apr 199425214.14$0
Mar 199428812.46$0
Feb 199426612.50$0
Jan 19942012.66$0
Dec 199324512.33$0
Nov 199322714.49$0
Oct 199331215.85$0
Sep 199340915.03$0
Aug 199340415.66$0
Jul 199341815.46$0
Jun 199345616.79$0
May 199355717.68$0
Apr 199347118.05$0
Mar 199331418.14$0
Feb 199328617.90$0
Jan 199332516.93$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.

Apr 2026 — as filed, then multipliedworked
Gas                   57 Mcf  × $  2.87 =       $164

────────────────────────────────────────────────────
Month total                                     $164

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/53968 is the state's own key, not one this site invented.