PADGETT RANCH

Operated by PROCO OPERATING CO., INC. (P-5 679595) in the J. V. T. (STRAWN 2400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 96302District 7BField 45214400NGPA filingGasSaveExport
Value, all time
$122 k
Jan 1993 – Jan 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
397
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 39 leases and 39 wells, and the rule below applies to all of them.

Discovered
1974-05-01
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

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 04/01/2005.

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
GasProduction35,413 Mcf$121,668
Total$121,668

11,258 Mcf of this lease's gas, across 46 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 32.7657, -98.2630. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.76575, -98.26296 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
4,500 ft
1 wells filed one
Completion to plug
44.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 4,500 ft.

Completions filed
Nov 1981
1 of 1 wells
Plug dates filed
Jan 2026
1 of 1 wells

Last completion to plug: a median of 44.2 years across the 1 well that filed both dates, with the middle half between 44.2 years and 44.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633268854,500 ftNov 1981Jan 2026Yes

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 (397)

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

397 months

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 2017549.292.98$15
Sep 2017247.523.09$6
Aug 2017045.373.00$0
Jul 2017843.873.09$25
Jun 20171642.493.09$49
May 20172545.373.26$82
Apr 2017047.933.21$0
Mar 20172346.772.98$69
Feb 20172850.452.95$83
Jan 20173449.413.42$116
Dec 20163048.763.72$112
Nov 20163242.492.64$85
Oct 20162946.193.09$90
Sep 20163341.553.10$102
Aug 20163441.442.92$99
Jul 20164541.622.92$132
Jun 20164345.352.69$115
May 20164142.521.99$82
Apr 20163936.561.99$78
Mar 20161933.011.79$34
Feb 20161726.472.06$35
Jan 20161027.352.36$24
Dec 2015532.362.00$10
Nov 20151438.792.17$30
Oct 2015043.552.43$0
Sep 2015842.992.76$22
Aug 20151140.162.87$32
Jul 20152548.152.95$74
Jun 20152256.152.88$63
May 20152555.212.96$74
Apr 20152349.822.71$62
Mar 20152242.892.93$65
Feb 20152144.662.98$63
Jan 20152543.433.10$78
Dec 20143354.693.59$119
Nov 20142270.464.25$94
Oct 20141978.303.90$74
Sep 20141586.164.05$61
Aug 20141889.394.04$73
Jul 20141496.564.18$59
Jun 20141398.164.74$62
May 20143394.734.73$156
Apr 20142595.944.81$120
Mar 2014995.895.06$46
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 20139104.113.72$33
Aug 20134104.253.52$14
Jul 20130102.523.72$0
Jun 20133194.403.93$122
May 20133794.834.15$154
Apr 20132893.964.28$120
Mar 20132893.623.91$110
Feb 20133491.233.42$116
Jan 20135291.603.42$178
Dec 20127086.773.42$239
Nov 20128886.953.62$319
Oct 201210489.383.40$354
Sep 20127494.672.92$216
Aug 20128492.662.91$244
Jul 201212785.133.02$384
Jun 20126779.822.52$169
May 20127091.612.49$174
Apr 201241101.652.00$82
Mar 201260105.052.22$133
Feb 201265101.102.57$167
Jan 20124698.092.73$126
Dec 20115396.873.24$172
Nov 20115195.723.31$169
Oct 20114184.983.65$150
Sep 20115883.623.99$231
Aug 201113283.404.15$548
Jul 201110594.144.52$474
Jun 20114092.904.64$186
May 20114598.134.40$198
Apr 201160105.964.33$260
Mar 20116796.364.06$272
Feb 20114885.644.18$201
Jan 20116886.504.59$312
Dec 201010285.734.35$443
Nov 201011780.843.80$444
Oct 201014578.103.51$509
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 201016072.554.74$758
Jun 201013670.364.91$668
May 201014571.124.24$614
Apr 20104781.694.12$194
Mar 201012778.394.39$557
Feb 20109673.585.44$522
Jan 20105274.365.96$310
Dec 20097271.445.48$395
Nov 200916574.593.75$619
Oct 200915172.544.11$621
Sep 200922565.543.06$690
Aug 200912467.423.22$399
Jul 200913861.133.46$478
Jun 200915366.163.90$596
May 200915254.743.93$597
Apr 20097646.773.59$273
Mar 200911342.144.06$459
Feb 200913032.814.63$602
Jan 200915535.865.37$833
Dec 200830737.105.98$1,835
Nov 200831355.496.86$2,147
Oct 200825375.246.92$1,751
Sep 200884101.767.88$662
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 200868123.1711.57$787
Apr 2008229110.3110.45$2,394
Mar 2008114101.909.66$1,102
Feb 200817192.538.77$1,500
Jan 200817590.388.21$1,436
Dec 200719888.337.30$1,446
Nov 200727091.677.29$1,969
Oct 200729682.856.92$2,049
Sep 200738075.846.24$2,373
Aug 200734569.066.39$2,204
Jul 200740970.906.39$2,613
Jun 200729762.007.55$2,242
May 200718158.747.85$1,420
Apr 200716659.617.81$1,296
Mar 200725656.927.30$1,869
Feb 200720755.108.22$1,701
Jan 200717450.306.73$1,170
Dec 20069456.656.92$650
Nov 200611354.207.62$861
Oct 20067754.906.01$463
Sep 200613060.085.04$655
Aug 20064368.717.34$316
Jul 20066569.376.34$412
Jun 20069766.286.38$619
May 20068066.016.42$514
Apr 20067164.397.36$523
Mar 200610356.707.08$730
Feb 200613857.597.75$1,070
Jan 200613860.598.93$1,233
Dec 200512554.9413.42$1,677
Nov 200511854.6910.59$1,249
Oct 200511558.3413.80$1,587
Sep 200511161.4512.08$1,341
Aug 200518461.519.80$1,803
Jul 20059455.697.84$737
Jun 200511652.337.38$856
May 20057645.226.65$505
Apr 20059049.207.36$662
Mar 200537150.377.15$2,654
Feb 200545045.226.31$2,840
Jan 200545243.166.32$2,858
Dec 200423539.866.75$1,587
Nov 200423445.286.33$1,481
Oct 200413849.706.52$899
Sep 20048443.245.28$444
Aug 20042942.375.55$161
Jul 20042238.286.08$134
Jun 20042236.106.43$142
May 20043037.486.49$195
Apr 20041534.475.86$88
Mar 20041034.365.53$55
Feb 20041532.455.51$83
Jan 20042332.036.30$145
Dec 20032530.266.30$158
Nov 20032028.804.60$92
Oct 20031628.174.76$76
Sep 20032226.314.75$104
Aug 20032129.765.13$108
Jul 20031929.415.17$98
Jun 20031728.565.98$102
May 20031526.595.97$90
Apr 20032226.675.41$119
Mar 20031231.146.10$73
Feb 20031233.487.93$95
Jan 20031030.315.58$56
Dec 20023026.914.85$146
Nov 20024024.664.14$165
Oct 20025326.464.23$224
Sep 20025527.443.64$200
Aug 20026025.963.16$190
Jul 20022024.583.06$61
Jun 20023423.733.34$114
May 20022524.663.58$90
Apr 20023723.653.51$130
Mar 20024922.003.10$152
Feb 20024118.222.38$97
Jan 20023617.172.38$86
Dec 20013616.932.36$85
Nov 20014418.072.41$106
Oct 20015019.782.53$126
Sep 20015024.262.25$113
Aug 20015024.873.05$153
Jul 20015523.933.20$176
Jun 20015724.563.82$218
May 200116025.524.31$689
Apr 200114024.685.34$747
Mar 200114824.545.38$796
Feb 200114427.755.77$830
Jan 200119327.478.40$1,621
Dec 200020426.889.12$1,861
Nov 200034232.215.66$1,935
Oct 200046631.235.15$2,398
Sep 200051831.875.19$2,687
Aug 200033629.644.54$1,526
Jul 2000028.534.09$0
Jun 20002529.304.40$110
May 2000027.263.68$0
Apr 2000024.513.12$0
Mar 20007528.422.86$214
Feb 2000027.622.73$0
Jan 2000025.272.48$0
Dec 19991424.282.42$34
Nov 19997023.192.43$170
Oct 19997020.982.80$196
Sep 19999221.752.62$241
Aug 199911519.262.88$331
Jul 199911517.892.37$273
Jun 199910815.942.36$255
May 199915915.792.32$369
Apr 199914115.102.21$311
Mar 19996612.471.84$121
Feb 19991119.981.82$202
Jan 19994110.381.90$78
Dec 19981409.201.77$248
Nov 199816410.892.19$358
Oct 199818812.421.97$370
Sep 199816312.592.08$339
Aug 199819211.301.91$366
Jul 199815411.742.24$345
Jun 199810911.242.24$244
May 199811412.622.21$252
Apr 199810413.042.51$261
Mar 199811512.802.31$266
Feb 19987913.952.30$182
Jan 199812014.702.15$259
Dec 199712316.322.41$297
Nov 19977718.193.09$238
Oct 199716319.253.15$513
Sep 199716117.742.95$476
Aug 199725617.862.55$654
Jul 199722117.582.25$497
Jun 199727717.242.26$625
May 199725718.972.31$593
Apr 199726417.882.08$550
Mar 199733118.951.94$642
Feb 199736520.492.21$805
Jan 199734823.483.54$1,232
Dec 199622623.32$0
Nov 199638221.97$0
Oct 199642423.31$0
Sep 199653422.22$0
Aug 199644120.26$0
Jul 199662719.55$0
Jun 1996018.73$0
May 1996019.43$0
Apr 199632021.51$0
Mar 199632019.38$0
Feb 199626716.98$0
Jan 199626717.07$0
Dec 199526717.19$0
Nov 199529416.00$0
Oct 199529415.43$0
Sep 199529416.18$0
Aug 199533515.92$0
Jul 199533515.24$0
Jun 199530516.41$0
May 199522517.56$0
Apr 199520017.73$0
Mar 199520516.44$0
Feb 199520516.58$0
Jan 199520515.92$0
Dec 199420515.03$0
Nov 199419515.90$0
Oct 199419515.58$0
Sep 199419515.29$0
Aug 199419516.13$0
Jul 199422517.56$0
Jun 199417017.09$0
May 199416515.88$0
Apr 199415514.14$0
Mar 199415512.46$0
Feb 199422512.50$0
Jan 199422512.66$0
Dec 199317512.33$0
Nov 199313014.49$0
Oct 199313015.85$0
Sep 199314715.03$0
Aug 199314515.66$0
Jul 199312015.46$0
Jun 199317016.79$0
May 199316717.68$0
Apr 199316718.05$0
Mar 199335018.14$0
Feb 19937517.90$0
Jan 199320516.93$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.

Oct 2017 — as filed, then multipliedworked
Gas                    5 Mcf  × $  2.98 =        $15

────────────────────────────────────────────────────
Month total                                      $15

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/96302 is the state's own key, not one this site invented.