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 223129District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Oct 2006 – May 2026
Value, last 12 filed months
$39 k
at the published price for each month
Months reported
236
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 Gas112007-02-22172648
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
CondensateDisposition7,209 bbl$580,614
GasProduction427,063 Mcf$2,160,231
Total$2,740,845

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 30.7181, -101.3512. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.71814, -101.35117 · 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
8,347 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 8,347 ft.

Completions filed
Aug 2007
1 of 1 wells

1 well

42-1054002528,347 ftAug 2007

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 (236)

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

236 months

May 202601,178106.413.05$3,588
Apr 20260098.932.87$0
Mar 2026022589.753.15$709
Feb 202618157863.503.75$13,661
Jan 2026072859.138.00$5,822
Dec 2025063856.664.41$2,816
Nov 2025060858.593.93$2,387
Oct 2025062459.383.30$2,062
Sep 2025058662.743.08$1,803
Aug 2025057963.933.01$1,746
Jul 2025061166.743.32$2,026
Jun 2025066366.483.13$2,074
May 2025066160.553.23$2,137
Apr 2025063062.363.54$2,232
Mar 2025072967.704.27$3,112
Feb 2025061770.884.34$2,678
Jan 202517675274.324.28$16,298
Dec 2024075368.993.12$2,350
Nov 2024075369.052.20$1,655
Oct 2024072671.372.28$1,656
Sep 2024073969.612.36$1,747
Aug 2024082075.632.06$1,692
Jul 2024073879.932.15$1,584
Jun 2024086378.082.63$2,273
May 2024086378.812.20$1,897
Apr 2024065584.451.66$1,087
Mar 202417672980.301.55$15,259
Feb 2024072976.091.78$1,300
Jan 2024078273.023.30$2,579
Dec 2023078971.262.61$2,060
Nov 2023079377.892.81$2,226
Oct 2023079185.443.09$2,442
Sep 2023077889.042.74$2,128
Aug 2023083980.522.67$2,243
Jul 2023076374.852.64$2,016
Jun 2023078368.962.26$1,768
May 2023083270.622.23$1,853
Apr 202317882378.122.24$15,747
Mar 2023085872.852.39$2,053
Feb 2023075175.112.47$1,852
Jan 2023083676.533.39$2,832
Dec 2022083576.415.73$4,784
Nov 2022084385.005.65$4,760
Oct 2022096787.185.86$5,670
Sep 2022076884.888.16$6,270
Aug 2022072794.529.13$6,635
Jul 20220841101.587.54$6,343
Jun 20220863115.097.98$6,884
May 20220966109.378.43$8,146
Apr 20220630104.226.84$4,308
Mar 2022189699108.885.08$24,127
Feb 2022073491.054.86$3,566
Jan 2022088181.844.54$3,998
Dec 2021083871.323.90$3,267
Nov 2021087277.435.24$4,567
Oct 2021091779.795.71$5,240
Sep 2021085969.865.35$4,596
Aug 2021092366.024.22$3,896
Jul 2021093270.783.98$3,711
Jun 2021095469.493.38$3,225
May 2021094863.483.02$2,861
Apr 202117789060.362.76$13,139
Mar 2021093161.302.72$2,529
Feb 2021089457.805.55$4,960
Jan 2021094050.412.81$2,642
Dec 2020099544.642.68$2,662
Nov 2020092938.772.71$2,514
Oct 2020090336.972.48$2,238
Sep 2020098437.091.99$1,959
Aug 202001,06539.982.39$2,540
Jul 20201791,07538.371.83$8,830
Jun 202001,28634.901.69$2,174
May 202001,66616.921.81$3,023
Apr 2020018814.751.80$339
Mar 202001,16930.341.86$2,170
Feb 2020095549.881.98$1,892
Jan 202001,06257.252.09$2,225
Dec 201901,37359.012.30$3,164
Nov 2019086955.302.75$2,390
Oct 201901,20853.472.42$2,922
Sep 201901,40155.052.66$3,723
Aug 201901,36853.112.30$3,152
Jul 2019042756.272.46$1,050
Jun 2019015852.782.49$394
May 2019076158.482.74$2,085
Apr 2019041462.632.75$1,139
Mar 20191871,00256.803.06$13,690
Feb 201901,01850.852.79$2,842
Jan 201901,14446.033.23$3,693
Dec 201801,23146.594.19$5,152
Nov 2018098552.934.24$4,174
Oct 201801,13961.443.40$3,870
Sep 201801,12659.543.11$3,500
Aug 201801,23059.403.07$3,772
Jul 201801,25065.142.93$3,665
Jun 201801,06960.183.08$3,289
May 20181841,17865.382.90$15,447
Apr 201801,13663.842.90$3,295
Mar 201801,20661.222.79$3,361
Feb 201801,07761.782.77$2,979
Jan 201801,31362.874.01$5,264
Dec 201721,22657.272.92$3,696
Nov 201701,16355.423.12$3,627
Oct 201701,19749.292.98$3,571
Sep 201701,17847.523.09$3,637
Aug 201701,25545.373.00$3,771
Jul 201711,25743.873.09$3,925
Jun 201701,19642.493.09$3,692
May 20171861,20645.373.26$12,374
Apr 201701,19447.933.21$3,835
Mar 201701,30846.772.98$3,903
Feb 201701,11050.452.95$3,277
Jan 201701,29149.413.42$4,414
Dec 201601,18448.763.72$4,408
Nov 201601,29642.492.64$3,427
Oct 201601,28746.193.09$3,977
Sep 201601,27541.553.10$3,953
Aug 201601,38041.442.92$4,036
Jul 20161821,33641.622.92$11,482
Jun 201601,24945.352.69$3,355
May 201601,27842.521.99$2,545
Apr 201601,39436.561.99$2,776
Mar 201601,38633.011.79$2,487
Feb 201601,35526.472.06$2,796
Jan 201601,49827.352.36$3,542
Dec 201501,49132.362.00$2,984
Nov 201501,47438.792.17$3,195
Oct 201501,57643.552.43$3,824
Sep 20151751,48242.992.76$11,611
Aug 201501,54240.162.87$4,429
Jul 201501,67448.152.95$4,930
Jun 201501,59056.152.88$4,584
May 201531,49955.212.96$4,596
Apr 201501,42949.822.71$3,868
Mar 201501,48442.892.93$4,355
Feb 201501,41944.662.98$4,223
Jan 201501,60043.433.10$4,961
Dec 20141881,53154.693.59$15,780
Nov 201401,53170.464.25$6,510
Oct 201401,54478.303.90$6,023
Sep 201401,40986.164.05$5,700
Aug 201401,71289.394.04$6,908
Jul 201401,60396.564.18$6,700
Jun 201401,53498.164.74$7,266
May 201401,48794.734.73$7,028
Apr 201451,42295.944.81$7,318
Mar 20141781,58195.895.06$25,063
Feb 201401,47197.406.19$9,108
Jan 201401,51090.404.86$7,340
Dec 201301,55291.824.35$6,758
Nov 201301,60388.853.74$5,992
Oct 201301,72597.423.78$6,519
Sep 201301,554104.113.72$5,777
Aug 20131721,745104.253.52$24,078
Jul 201301,679102.523.72$6,242
Jun 201301,77194.403.93$6,966
May 201301,72794.834.15$7,165
Apr 201301,72693.964.28$7,392
Mar 201301,59393.623.91$6,233
Feb 201301,55591.233.42$5,318
Jan 20131581,43691.603.42$19,384
Dec 201201,80986.773.42$6,187
Nov 201201,69786.953.62$6,152
Oct 201211,86589.383.40$6,430
Sep 201201,89594.672.92$5,530
Aug 20121811,86492.662.91$22,192
Jul 201201,92985.133.02$5,827
Jun 201201,93079.822.52$4,862
May 201201,88991.612.49$4,700
Apr 201202,031101.652.00$4,056
Mar 20121952,071105.052.22$25,087
Feb 201201,987101.102.57$5,107
Jan 201201,96098.092.73$5,359
Dec 201101,78996.873.24$5,796
Nov 201101,79195.723.31$5,931
Oct 201101,82784.983.65$6,666
Sep 201101,76583.623.99$7,035
Aug 20111951,81783.404.15$23,802
Jul 201101,88694.144.52$8,520
Jun 201101,82692.904.64$8,472
May 201101,89598.134.40$8,347
Apr 201101,925105.964.33$8,342
Mar 201101,94296.364.06$7,879
Feb 201101,67085.644.18$6,981
Jan 20111951,89186.504.59$25,545
Dec 201001,94585.734.35$8,456
Nov 201001,96880.843.80$7,469
Oct 201001,91378.103.51$6,713
Sep 20101861,93572.633.98$21,209
Aug 201002,21073.684.42$9,767
Jul 201001,92772.554.74$9,127
Jun 201002,17070.364.91$10,656
May 20101922,26571.124.24$23,248
Apr 201002,16981.694.12$8,942
Mar 201006,28378.394.39$27,574
Feb 201002,15473.585.44$11,723
Jan 20101892,38474.365.96$28,272
Dec 200902,29371.445.48$12,574
Nov 200902,20174.593.75$8,257
Oct 200902,23972.544.11$9,203
Sep 200902,45965.543.06$7,536
Aug 20091912,64867.423.22$21,400
Jul 200933,04161.133.46$10,719
Jun 200902,47066.163.90$9,621
May 200902,99154.743.93$11,742
Apr 20091833,43746.773.59$20,889
Mar 200903,43742.144.06$13,951
Feb 200902,52432.814.63$11,694
Jan 20091903,43735.865.37$25,274
Dec 200802,36137.105.98$14,112
Nov 2008017,19655.496.86$117,971
Oct 200804,38875.246.92$30,374
Sep 20081,4911,491101.767.88$163,469
Aug 20081845,024114.228.48$63,635
Jul 200805,024131.0811.39$57,221
Jun 200803,615131.3313.03$47,113
May 200804,326123.1711.57$50,070
Apr 20081885,024110.3110.45$73,264
Mar 200805,024101.909.66$48,552
Feb 200805,37592.538.77$47,142
Jan 20081905,24690.388.21$60,219
Dec 20071885,33388.337.30$55,547
Nov 200705,42491.677.29$39,550
Oct 20071905,25082.856.92$52,082
Sep 200706,82775.846.24$42,629
Aug 200704,62169.066.39$29,519
Jul 200704,68870.906.39$29,947
Jun 200704,99162.007.55$37,674
May 200705,52058.747.85$43,311
Apr 200705,81359.617.81$45,372
Mar 20070056.927.30$0
Feb 200706,46855.108.22$53,141
Jan 200708,09550.306.73$54,454
Dec 200608,91156.656.92$61,650
Nov 200609,61254.207.62$73,219
Oct 20060054.906.01$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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                1,178 Mcf  × $  3.05 =     $3,588

────────────────────────────────────────────────────
Month total                                   $3,588

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/223129 is the state's own key, not one this site invented.