PEGASUS FIELD UNIT NO. 3

Operated by BREITBURN OPERATING L.P. (P-5 90732) in the PEGASUS (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 247644District 7CField 70279125CondensateGasSaveExport
Value, all time
$3.1 M
Dec 2007 – May 2026
Value, last 12 filed months
$329
at the published price for each month
Months reported
222
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 172 leases and 179 wells, and the rule below applies to all of them.

Discovered
1952-06-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2006-01-24.

The Commission's schedule remark for this field reads: HORIZONTAL AND VERTICAL WELL.

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
CondensateDisposition16,298 bbl$1,291,017
GasProduction492,389 Mcf$1,795,762
Total$3,086,779

Every month this lease reported (222)

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

222 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025010566.483.13$329
May 2025015560.553.23$501
Apr 2025029362.363.54$1,038
Mar 2025034067.704.27$1,451
Feb 20250070.884.34$0
Jan 202501,41474.324.28$6,050
Dec 202402,12368.993.12$6,627
Nov 202401,22569.052.20$2,693
Oct 202401,19171.372.28$2,717
Sep 202401,06369.612.36$2,513
Aug 202409175.632.06$188
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 202401,75278.812.20$3,852
Apr 2024024884.451.66$411
Mar 2024013780.301.55$212
Feb 2024015276.091.78$271
Jan 2024013673.023.30$448
Dec 2023012771.262.61$332
Nov 202305577.892.81$154
Oct 20230385.443.09$9
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202302070.622.23$45
Apr 202302078.122.24$45
Mar 2023016972.852.39$404
Feb 202301,82575.112.47$4,500
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 202203,00285.005.65$16,950
Oct 202203,05887.185.86$17,931
Sep 202203,05884.888.16$24,965
Aug 202203,22994.529.13$29,472
Jul 202202,950101.587.54$22,249
Jun 202202,501115.097.98$19,951
May 202203,000109.378.43$25,299
Apr 202200104.226.84$0
Mar 202202,656108.885.08$13,483
Feb 202202,31591.054.86$11,248
Jan 202203,39881.844.54$15,419
Dec 202103,09171.323.90$12,052
Nov 202103,44477.435.24$18,036
Oct 202102,92079.795.71$16,685
Sep 202103,32669.865.35$17,797
Aug 202103,37866.024.22$14,257
Jul 202103,64870.783.98$14,527
Jun 202103,51869.493.38$11,893
May 202103,75363.483.02$11,325
Apr 202103,62260.362.76$9,991
Mar 202101,21361.302.72$3,296
Feb 2021026257.805.55$1,454
Jan 2021029750.412.81$835
Dec 2020026244.642.68$701
Nov 202002,60538.772.71$7,051
Oct 20200036.972.48$0
Sep 202001,59837.091.99$3,182
Aug 202003,00939.982.39$7,177
Jul 202003,04838.371.83$5,563
Jun 202003,66334.901.69$6,192
May 202003,95616.921.81$7,179
Apr 202002,54114.751.80$4,585
Mar 202003,10930.341.86$5,771
Feb 202001,35549.881.98$2,684
Jan 2020055457.252.09$1,160
Dec 20190059.012.30$0
Nov 2019050855.302.75$1,397
Oct 201903353.472.42$80
Sep 2019060155.052.66$1,597
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019076758.482.74$2,102
Apr 2019084862.632.75$2,333
Mar 2019080356.803.06$2,459
Feb 201901,26550.852.79$3,532
Jan 201901,48446.033.23$4,791
Dec 201802,18846.594.19$9,158
Nov 201802,13052.934.24$9,025
Oct 201802,31561.443.40$7,867
Sep 201802,65359.543.11$8,246
Aug 201802,90459.403.07$8,905
Jul 201802,93965.142.93$8,617
Jun 201802,99860.183.08$9,225
May 201803,08665.382.90$8,952
Apr 201803,14963.842.90$9,135
Mar 201803,21061.222.79$8,946
Feb 201802,94461.782.77$8,143
Jan 201803,20862.874.01$12,862
Dec 201703,20857.272.92$9,372
Nov 201703,12155.423.12$9,732
Oct 201703,26849.292.98$9,751
Sep 201703,01947.523.09$9,321
Aug 201703,31245.373.00$9,951
Jul 201703,27743.873.09$10,117
Jun 201702,31242.493.09$7,138
May 201701,83745.373.26$5,995
Apr 201702,70947.933.21$8,700
Mar 201703,00246.772.98$8,957
Feb 201702,52350.452.95$7,449
Jan 201702,90749.413.42$9,938
Dec 201603,00448.763.72$11,183
Nov 201602,36342.492.64$6,249
Oct 201623,11546.193.09$9,719
Sep 201682,89641.553.10$9,312
Aug 2016123,41341.442.92$10,478
Jul 201633,68841.622.92$10,910
Jun 201603,02245.352.69$8,117
May 201603,60442.521.99$7,176
Apr 201633,43336.561.99$6,945
Mar 201603,54733.011.79$6,363
Feb 201603,16526.472.06$6,531
Jan 201643,68827.352.36$8,829
Dec 201504,46032.362.00$8,926
Nov 201504,20838.792.17$9,120
Oct 201502,63343.552.43$6,389
Sep 201533,51142.992.76$9,814
Aug 201562,89640.162.87$8,560
Jul 201551,93648.152.95$5,942
Jun 201502,11156.152.88$6,086
May 201504,31555.212.96$12,753
Apr 201504,03949.822.71$10,932
Mar 201503,05242.892.93$8,957
Feb 201502,85044.662.98$8,482
Jan 201542,20843.433.10$7,020
Dec 201444,06854.693.59$14,828
Nov 201403,02770.464.25$12,870
Oct 201402,41478.303.90$9,417
Sep 201402,75586.164.05$11,145
Aug 201412,22289.394.04$9,055
Jul 201403,12796.564.18$13,070
Jun 201403,12798.164.74$14,812
May 201403,16494.734.73$14,955
Apr 2014058095.944.81$2,789
Mar 201403,40695.895.06$17,223
Feb 201401,00697.406.19$6,229
Jan 201401,39790.404.86$6,790
Dec 201301,88391.824.35$8,199
Nov 2013029688.853.74$1,107
Oct 2013084497.423.78$3,190
Sep 201302,530104.113.72$9,406
Aug 201302,615104.253.52$9,212
Jul 201302,615102.523.72$9,722
Jun 201301,20894.403.93$4,752
May 201302,44694.834.15$10,149
Apr 201303,21993.964.28$13,786
Mar 201301,26093.623.91$4,930
Feb 201302,59791.233.42$8,882
Jan 201302,91091.603.42$9,952
Dec 201202,96786.773.42$10,148
Nov 201201,32786.953.62$4,810
Oct 201203,63789.383.40$12,365
Sep 201202,66694.672.92$7,780
Aug 201202,86592.662.91$8,332
Jul 201203,93485.133.02$11,884
Jun 201204,14079.822.52$10,429
May 201204,03691.612.49$10,043
Apr 201204,119101.652.00$8,225
Mar 201204,144105.052.22$9,208
Feb 201212,929101.102.57$7,629
Jan 201204,51598.092.73$12,344
Dec 20114813,88896.873.24$59,191
Nov 20112183,17495.723.31$31,377
Oct 20111691,95184.983.65$21,480
Sep 20114683,01683.623.99$51,155
Aug 20111294,04983.404.15$27,559
Jul 20116873,94394.144.52$82,486
Jun 20117303,76192.904.64$85,268
May 20114273,45498.134.40$57,116
Apr 20115653,371105.964.33$74,475
Mar 20116063,94296.364.06$74,388
Feb 20114123,02185.644.18$47,911
Jan 20115223,65586.504.59$61,925
Dec 20100085.734.35$0
Nov 20106204,32180.843.80$66,520
Oct 20104013,87478.103.51$44,912
Sep 20107945,36072.633.98$78,998
Aug 20107835,73073.684.42$83,014
Jul 20103803,53172.554.74$44,294
Jun 20103934,40470.364.91$49,277
May 20104405,15671.124.24$53,130
Apr 20106053,31881.694.12$63,102
Mar 20104822,36378.394.39$48,154
Feb 20104585,56273.585.44$63,970
Jan 20108157,32874.365.96$104,308
Dec 20097648,02671.445.48$98,593
Nov 20099338,85074.593.75$102,793
Oct 20097449,30572.544.11$92,216
Sep 20091,20710,61065.543.06$111,624
Aug 200908,71867.423.22$28,059
Jul 20091,0097,04561.133.46$86,088
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$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.

Jun 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.48 =         $0
Gas                  105 Mcf  × $  3.13 =       $329

────────────────────────────────────────────────────
Month total                                     $329

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/247644 is the state's own key, not one this site invented.