MEADOWS 15N

Operated by RED STAG OPERATING, LLC (P-5 697118) in the OZONA (CANYON SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 218724District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
May 2006 – May 2026
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
241
no gaps in the span
Streams
2
condensate, 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 2,312 leases and 2,323 wells, and the rule below applies to all of them.

Discovered
1962-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
600 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-09-12.

The Commission's schedule remark for this field reads: ZONE TO BE SET UP IN OZONA (CANYON SAND, OIL).

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
High Cost Gas112006-10-30171136
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
CondensateDisposition888 bbl$57,396
GasProduction429,778 Mcf$2,112,174
Total$2,169,571

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 30.7184, -101.3422. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.71839, -101.34222 · 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
9,274 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 9,274 ft.

Completions filed
May 2006
1 of 1 wells

1 well

42-1053988819,274 ftMay 2006

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 (241)

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

241 months

May 202601,311106.413.05$3,993
Apr 202601198.932.87$32
Mar 2026025989.753.15$816
Feb 2026066663.503.75$2,498
Jan 2026056859.138.00$4,543
Dec 2025069456.664.41$3,063
Nov 2025067058.593.93$2,631
Oct 2025069559.383.30$2,297
Sep 2025066462.743.08$2,043
Aug 2025067363.933.01$2,029
Jul 2025067866.743.32$2,248
Jun 2025066766.483.13$2,087
May 2025072360.553.23$2,337
Apr 2025068662.363.54$2,431
Mar 2025075767.704.27$3,231
Feb 2025061770.884.34$2,678
Jan 2025080074.324.28$3,423
Dec 2024074368.993.12$2,319
Nov 2024074369.052.20$1,633
Oct 2024075471.372.28$1,720
Sep 2024079869.612.36$1,887
Aug 2024081175.632.06$1,674
Jul 2024081379.932.15$1,745
Jun 2024096978.082.63$2,552
May 2024096978.812.20$2,130
Apr 2024057984.451.66$961
Mar 2024074180.301.55$1,145
Feb 2024074176.091.78$1,322
Jan 2024080273.023.30$2,645
Dec 2023079271.262.61$2,068
Nov 2023080377.892.81$2,254
Oct 2023073985.443.09$2,282
Sep 2023079689.042.74$2,177
Aug 2023087080.522.67$2,325
Jul 202301,02074.852.64$2,695
Jun 2023060468.962.26$1,364
May 2023065970.622.23$1,468
Apr 2023085078.122.24$1,902
Mar 2023089272.852.39$2,135
Feb 2023081575.112.47$2,010
Jan 2023084576.533.39$2,863
Dec 2022090176.415.73$5,162
Nov 2022086485.005.65$4,878
Oct 2022097787.185.86$5,729
Sep 2022098984.888.16$8,074
Aug 2022098794.529.13$9,009
Jul 20220639101.587.54$4,819
Jun 20220861115.097.98$6,868
May 20220869109.378.43$7,328
Apr 20220820104.226.84$5,607
Mar 20220879108.885.08$4,462
Feb 2022084591.054.86$4,106
Jan 2022087981.844.54$3,989
Dec 2021086971.323.90$3,388
Nov 2021087477.435.24$4,577
Oct 2021095779.795.71$5,468
Sep 2021090669.865.35$4,848
Aug 2021097766.024.22$4,124
Jul 202101,01270.783.98$4,030
Jun 2021096869.493.38$3,272
May 2021099763.483.02$3,009
Apr 202101,01860.362.76$2,808
Mar 2021091761.302.72$2,491
Feb 2021081557.805.55$4,522
Jan 202101,01050.412.81$2,838
Dec 202001,07344.642.68$2,871
Nov 202001,00238.772.71$2,712
Oct 202001,00436.972.48$2,488
Sep 202001,10737.091.99$2,204
Aug 202001,04539.982.39$2,492
Jul 202001,23338.371.83$2,250
Jun 202001,31934.901.69$2,230
May 202001,76516.921.81$3,203
Apr 2020016314.751.80$294
Mar 202001,30230.341.86$2,417
Feb 2020092149.881.98$1,824
Jan 202001,00557.252.09$2,105
Dec 201901,23159.012.30$2,837
Nov 201901,37455.302.75$3,779
Oct 201901,49153.472.42$3,606
Sep 201901,68455.052.66$4,475
Aug 201901,60353.112.30$3,694
Jul 2019050756.272.46$1,247
Jun 2019026152.782.49$650
May 2019071058.482.74$1,946
Apr 2019045262.632.75$1,243
Mar 2019094256.803.06$2,885
Feb 201901,10350.852.79$3,080
Jan 201901,16346.033.23$3,754
Dec 201801,37246.594.19$5,742
Nov 201801,01252.934.24$4,288
Oct 201801,12561.443.40$3,823
Sep 201801,22059.543.11$3,792
Aug 201801,25859.403.07$3,858
Jul 201801,37065.142.93$4,017
Jun 201801,18460.183.08$3,643
May 201801,43165.382.90$4,151
Apr 2018077763.842.90$2,254
Mar 201801,31561.222.79$3,665
Feb 201801,27961.782.77$3,538
Jan 201801,08462.874.01$4,346
Dec 201701,17757.272.92$3,439
Nov 201701,17055.423.12$3,648
Oct 201701,19749.292.98$3,571
Sep 201701,18647.523.09$3,662
Aug 201701,34645.373.00$4,044
Jul 201701,15643.873.09$3,569
Jun 201701,27742.493.09$3,942
May 201701,33945.373.26$4,370
Apr 201701,18447.933.21$3,803
Mar 201701,32246.772.98$3,944
Feb 201701,12750.452.95$3,328
Jan 201701,31849.413.42$4,506
Dec 201601,18248.763.72$4,400
Nov 201601,39842.492.64$3,697
Oct 201601,04146.193.09$3,217
Sep 201601,23741.553.10$3,835
Aug 201601,31941.442.92$3,857
Jul 201601,35141.622.92$3,951
Jun 201601,26645.352.69$3,400
May 201601,32042.521.99$2,628
Apr 201601,50136.561.99$2,989
Mar 201601,37533.011.79$2,467
Feb 201601,30926.472.06$2,701
Jan 201601,47727.352.36$3,492
Dec 201501,58532.362.00$3,172
Nov 201501,49338.792.17$3,236
Oct 201501,69643.552.43$4,115
Sep 201501,66442.992.76$4,590
Aug 201501,88640.162.87$5,418
Jul 201501,65248.152.95$4,865
Jun 201501,01156.152.88$2,915
May 201501,36855.212.96$4,043
Apr 201501,40449.822.71$3,800
Mar 201501,37742.892.93$4,041
Feb 201501,52244.662.98$4,530
Jan 201501,26643.433.10$3,925
Dec 201401,50654.693.59$5,409
Nov 201401,56870.464.25$6,667
Oct 201401,45878.303.90$5,688
Sep 201401,42886.164.05$5,777
Aug 201401,79989.394.04$7,259
Jul 201401,54596.564.18$6,457
Jun 201401,28298.164.74$6,073
May 201401,36994.734.73$6,471
Apr 201401,37295.944.81$6,598
Mar 201401,48895.895.06$7,525
Feb 201401,37197.406.19$8,489
Jan 201401,57890.404.86$7,670
Dec 201301,36591.824.35$5,944
Nov 201301,53488.853.74$5,735
Oct 201301,70597.423.78$6,444
Sep 201301,595104.113.72$5,930
Aug 201301,695104.253.52$5,971
Jul 201301,538102.523.72$5,718
Jun 201301,66994.403.93$6,565
May 201301,60694.834.15$6,663
Apr 201301,67393.964.28$7,165
Mar 201301,67393.623.91$6,546
Feb 201301,65191.233.42$5,646
Jan 201301,75591.603.42$6,002
Dec 201201,81686.773.42$6,211
Nov 201201,75486.953.62$6,358
Oct 201201,86089.383.40$6,323
Sep 201201,68194.672.92$4,906
Aug 201201,77692.662.91$5,165
Jul 201201,88285.133.02$5,685
Jun 201201,85979.822.52$4,683
May 201201,94591.612.49$4,840
Apr 201201,973101.652.00$3,940
Mar 201202,168105.052.22$4,817
Feb 201201,546101.102.57$3,974
Jan 201202,11098.092.73$5,769
Dec 201102,27996.873.24$7,383
Nov 201102,59195.723.31$8,580
Oct 201101,37184.983.65$5,002
Sep 201101,25683.623.99$5,006
Aug 201101,89883.404.15$7,875
Jul 201102,13394.144.52$9,635
Jun 201102,07992.904.64$9,646
May 201102,25598.134.40$9,933
Apr 201101,659105.964.33$7,189
Mar 201102,10696.364.06$8,545
Feb 201101,81785.644.18$7,595
Jan 201102,02586.504.59$9,292
Dec 201002,13285.734.35$9,269
Nov 201002,20480.843.80$8,365
Oct 201002,31778.103.51$8,130
Sep 201002,23372.633.98$8,886
Aug 201002,60273.684.42$11,499
Jul 201002,29272.554.74$10,856
Jun 201002,33870.364.91$11,481
May 201002,23871.124.24$9,478
Apr 201001,92681.694.12$7,940
Mar 201002,36678.394.39$10,384
Feb 201002,23273.585.44$12,147
Jan 201002,56274.365.96$15,280
Dec 200902,54371.445.48$13,945
Nov 200902,64974.593.75$9,938
Oct 200902,95972.544.11$12,162
Sep 200902,06965.543.06$6,341
Aug 200902,43167.423.22$7,824
Jul 200902,72961.133.46$9,455
Jun 200902,73866.163.90$10,665
May 200902,89154.743.93$11,349
Apr 200902,86946.773.59$10,293
Mar 200902,50142.144.06$10,152
Feb 200902,92732.814.63$13,561
Jan 200903,60435.865.37$19,357
Dec 200803,97537.105.98$23,759
Nov 200801,75855.496.86$12,061
Oct 200802,84975.246.92$19,721
Sep 20080966101.767.88$7,609
Aug 200802,933114.228.48$24,881
Jul 200803,465131.0811.39$39,464
Jun 200803,562131.3313.03$46,422
May 200804,031123.1711.57$46,656
Apr 200804,377110.3110.45$45,761
Mar 200803,189101.909.66$30,819
Feb 200803,33592.538.77$29,250
Jan 200803,79490.388.21$31,133
Dec 200703,91588.337.30$28,587
Nov 200704,19891.677.29$30,611
Oct 200704,42182.856.92$30,602
Sep 200704,45275.846.24$27,799
Aug 200704,77569.066.39$30,502
Jul 200704,71070.906.39$30,087
Jun 200704,95462.007.55$37,395
May 200704,38258.747.85$34,382
Apr 200705,33859.617.81$41,664
Mar 200704,74756.927.30$34,662
Feb 20071304,67555.108.22$45,573
Jan 200705,04750.306.73$33,950
Dec 200605,58056.656.92$38,605
Nov 200605,11154.207.62$38,933
Oct 200606,49954.906.01$39,084
Sep 20061576,88160.085.04$44,094
Aug 20062477,69668.717.34$73,459
Jul 20061247,79769.376.34$58,056
Jun 20061677,66766.286.38$60,014
May 2006634,78266.016.42$34,883

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             0 bbl  × $106.41 =         $0
Gas                1,311 Mcf  × $  3.05 =     $3,993

────────────────────────────────────────────────────
Month total                                   $3,993

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. 7C/G/218724 is the state's own key, not one this site invented.