PADGETT RANCH

Operated by G & F OIL, INC. (P-5 292000) in the PALO PINTO CO. REG. (GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 159541District 7BField 68707333GasSaveExport
Value, all time
$310 k
May 1996 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
361
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 710 leases and 710 wells, and the rule below applies to all of them.

Discovered
1957-10-15
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
GasProduction76,712 Mcf$310,156
Total$310,156

11,019 Mcf of this lease's gas, across 8 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 32.7542, -98.2728. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.75416, -98.27276 · 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
4,481 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 4,481 ft.

Completions filed
May 1996
1 of 1 wells

1 well

42-3633268374,481 ftMay 1996

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 (361)

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

361 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 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
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 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 20171149.292.98$33
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 20171443.873.09$43
Jun 20172742.493.09$83
May 20172345.373.26$75
Apr 2017047.933.21$0
Mar 20172746.772.98$81
Feb 20175750.452.95$168
Jan 20176049.413.42$205
Dec 20161648.763.72$60
Nov 20161142.492.64$29
Oct 20165346.193.09$164
Sep 20164841.553.10$149
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 20164545.352.69$121
May 20164242.521.99$84
Apr 20163736.561.99$74
Mar 20165333.011.79$95
Feb 20164226.472.06$87
Jan 20166327.352.36$149
Dec 20157632.362.00$152
Nov 20157638.792.17$165
Oct 20156143.552.43$148
Sep 20155742.992.76$157
Aug 20154340.162.87$124
Jul 20158848.152.95$259
Jun 20159256.152.88$265
May 201510155.212.96$299
Apr 20159649.822.71$260
Mar 201511842.892.93$346
Feb 20156944.662.98$205
Jan 20156443.433.10$198
Dec 201413454.693.59$481
Nov 201413170.464.25$557
Oct 20149478.303.90$367
Sep 20149486.164.05$380
Aug 201411789.394.04$472
Jul 201415496.564.18$644
Jun 201413498.164.74$635
May 201412794.734.73$600
Apr 201416295.944.81$779
Mar 201411995.895.06$602
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 201311104.113.72$41
Aug 201312104.253.52$42
Jul 20130102.523.72$0
Jun 20133394.403.93$130
May 201314394.834.15$593
Apr 20138693.964.28$368
Mar 20138693.623.91$337
Feb 201315091.233.42$513
Jan 201318791.603.42$640
Dec 201220686.773.42$705
Nov 20126086.953.62$218
Oct 20125689.383.40$190
Sep 201211594.672.92$336
Aug 201212792.662.91$369
Jul 201216885.133.02$507
Jun 201210279.822.52$257
May 201210791.612.49$266
Apr 201226101.652.00$52
Mar 201291105.052.22$202
Feb 2012139101.102.57$357
Jan 201211398.092.73$309
Dec 201111396.873.24$366
Nov 20113495.723.31$113
Oct 2011984.983.65$33
Sep 2011583.623.99$20
Aug 20115983.404.15$245
Jul 20117394.144.52$330
Jun 20115592.904.64$255
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 20112696.364.06$105
Feb 20113885.644.18$159
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 20101272.633.98$48
Aug 201011473.684.42$504
Jul 201013272.554.74$625
Jun 20107770.364.91$378
May 201016971.124.24$716
Apr 201035881.694.12$1,476
Mar 201018278.394.39$799
Feb 201017373.585.44$942
Jan 20105374.365.96$316
Dec 200912971.445.48$707
Nov 200927374.593.75$1,024
Oct 200927572.544.11$1,130
Sep 200924265.543.06$742
Aug 200919267.423.22$618
Jul 200915861.133.46$547
Jun 200917166.163.90$666
May 200914654.743.93$573
Apr 200921846.773.59$782
Mar 200924442.144.06$990
Feb 200918232.814.63$843
Jan 200917535.865.37$940
Dec 200810737.105.98$640
Nov 200813655.496.86$933
Oct 200817875.246.92$1,232
Sep 200831101.767.88$244
Aug 2008249114.228.48$2,112
Jul 2008132131.0811.39$1,503
Jun 2008258131.3313.03$3,362
May 2008148123.1711.57$1,713
Apr 200866110.3110.45$690
Mar 2008237101.909.66$2,290
Feb 200818392.538.77$1,605
Jan 200829990.388.21$2,454
Dec 200749288.337.30$3,593
Nov 200743791.677.29$3,186
Oct 200726982.856.92$1,862
Sep 200784575.846.24$5,276
Aug 200786769.066.39$5,538
Jul 200739370.906.39$2,510
Jun 200747162.007.55$3,555
May 200773158.747.85$5,736
Apr 200731259.617.81$2,435
Mar 200761856.927.30$4,513
Feb 200749855.108.22$4,092
Jan 200742050.306.73$2,825
Dec 200622456.656.92$1,550
Nov 200627054.207.62$2,057
Oct 200622554.906.01$1,353
Sep 200631260.085.04$1,572
Aug 200617168.717.34$1,255
Jul 200627369.376.34$1,732
Jun 200625166.286.38$1,602
May 200620366.016.42$1,304
Apr 200617764.397.36$1,303
Mar 200619856.707.08$1,402
Feb 200623557.597.75$1,822
Jan 200631160.598.93$2,778
Dec 200521454.9413.42$2,871
Nov 200528354.6910.59$2,997
Oct 200526958.3413.80$3,711
Sep 200527761.4512.08$3,346
Aug 200520361.519.80$1,989
Jul 200528355.697.84$2,220
Jun 200531652.337.38$2,332
May 200536445.226.65$2,421
Apr 200527049.207.36$1,987
Mar 200530350.377.15$2,168
Feb 200532045.226.31$2,020
Jan 200554943.166.32$3,471
Dec 200468139.866.75$4,597
Nov 200462045.286.33$3,925
Oct 200463349.706.52$4,124
Sep 200450243.245.28$2,653
Aug 200437142.375.55$2,059
Jul 200442938.286.08$2,610
Jun 200448036.106.43$3,088
May 200440337.486.49$2,617
Apr 200447334.475.86$2,771
Mar 200442434.365.53$2,345
Feb 200438732.455.51$2,132
Jan 200438832.036.30$2,444
Dec 200331730.266.30$1,998
Nov 200343828.804.60$2,013
Oct 200342428.174.76$2,018
Sep 200340326.314.75$1,914
Aug 200343829.765.13$2,247
Jul 200356729.415.17$2,932
Jun 200350428.565.98$3,015
May 200349326.595.97$2,945
Apr 200352426.675.41$2,833
Mar 200345731.146.10$2,786
Feb 200355233.487.93$4,375
Jan 200354330.315.58$3,031
Dec 200253626.914.85$2,602
Nov 200255224.664.14$2,284
Oct 200235926.464.23$1,518
Sep 200247527.443.64$1,727
Aug 200242525.963.16$1,345
Jul 200242324.583.06$1,295
Jun 200231623.733.34$1,055
May 200256624.663.58$2,029
Apr 200244423.653.51$1,559
Mar 200239422.003.10$1,222
Feb 200237518.222.38$891
Jan 200245517.172.38$1,081
Dec 200145516.932.36$1,076
Nov 200132518.072.41$782
Oct 200143519.782.53$1,100
Sep 200146224.262.25$1,040
Aug 200140124.873.05$1,224
Jul 200143223.933.20$1,381
Jun 200121024.563.82$803
May 200147625.524.31$2,050
Apr 200164724.685.34$3,452
Mar 200127524.545.38$1,479
Feb 200121527.755.77$1,240
Jan 200124827.478.40$2,083
Dec 200025026.889.12$2,281
Nov 200044732.215.66$2,529
Oct 200060031.235.15$3,087
Sep 200082231.875.19$4,263
Aug 200035029.644.54$1,589
Jul 200026028.534.09$1,063
Jun 20007529.304.40$330
May 200023727.263.68$872
Apr 200019024.513.12$592
Mar 20006928.422.86$197
Feb 2000027.622.73$0
Jan 2000025.272.48$0
Dec 19998424.282.42$204
Nov 199920623.192.43$501
Oct 199920620.982.80$578
Sep 199914421.752.62$377
Aug 199920719.262.88$595
Jul 199922317.892.37$529
Jun 199931015.942.36$732
May 199941815.792.32$970
Apr 199938115.102.21$841
Mar 199942112.471.84$774
Feb 19993819.981.82$693
Jan 199928910.381.90$549
Dec 19983139.201.77$555
Nov 199841810.892.19$914
Oct 199854612.421.97$1,075
Sep 199834212.592.08$712
Aug 199841011.301.91$782
Jul 199833611.742.24$752
Jun 199844111.242.24$987
May 199836212.622.21$799
Apr 199831313.042.51$784
Mar 199838312.802.31$885
Feb 199848113.952.30$1,106
Jan 199863014.702.15$1,358
Dec 199745916.322.41$1,107
Nov 199770118.193.09$2,165
Oct 199755919.253.15$1,761
Sep 199760617.742.95$1,791
Aug 199788117.862.55$2,251
Jul 199764917.582.25$1,458
Jun 199782917.242.26$1,871
May 199765718.972.31$1,517
Apr 199773317.882.08$1,527
Mar 199791618.951.94$1,776
Feb 199784320.492.21$1,860
Jan 19971,14423.483.54$4,049
Dec 199685623.32$0
Nov 199699121.97$0
Oct 19961,38323.31$0
Sep 19961,70822.22$0
Aug 19961,31020.26$0
Jul 19962,10819.55$0
Jun 19961,87518.73$0
May 199678819.43$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.

Oct 2017 — as filed, then multipliedworked
Gas                   11 Mcf  × $  2.98 =        $33

────────────────────────────────────────────────────
Month total                                      $33

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. 7B/G/159541 is the state's own key, not one this site invented.