PEGASUS FIELD UNIT #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 263663District 7CField 702791252 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.7 M
Jan 2011 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
185
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.

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 Gas112013-08-09210543
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
CondensateDisposition17,223 bbl$1,522,644
GasProduction1,740,099 Mcf$6,134,184
Total$7,656,828

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 31.6295, -102.1602. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.62953, -102.16020 · 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
11,880 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 11,880 ft.

Completions filed
Jun 2011
1 of 1 wells

1 well

42-461368862109H11,880 ftJun 2011

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 (185)

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

185 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 202503,17966.483.13$9,946
May 202501,50560.553.23$4,865
Apr 202502,99362.363.54$10,605
Mar 202502,66367.704.27$11,367
Feb 202502,71570.884.34$11,785
Jan 202502,44274.324.28$10,449
Dec 202402,11268.993.12$6,592
Nov 202401,57569.052.20$3,463
Oct 202401,91771.372.28$4,373
Sep 202402,74669.612.36$6,493
Aug 20240075.632.06$0
Jul 202402,93179.932.15$6,292
Jun 202403,09178.082.63$8,142
May 202403,09178.812.20$6,795
Apr 202413,40784.451.66$5,737
Mar 202402,47280.301.55$3,820
Feb 202403,15176.091.78$5,620
Jan 202403,14573.023.30$10,371
Dec 202323,19271.262.61$8,476
Nov 202323,41277.892.81$9,735
Oct 202303,34285.443.09$10,318
Sep 20230089.042.74$0
Aug 202303,29780.522.67$8,812
Jul 202303,11874.852.64$8,237
Jun 202303,30668.962.26$7,467
May 202303,25170.622.23$7,241
Apr 202303,25178.122.24$7,275
Mar 202303,48572.852.39$8,340
Feb 202303,14275.112.47$7,747
Jan 202303,61976.533.39$12,260
Dec 202203,55976.415.73$20,390
Nov 202204,25085.005.65$23,996
Oct 202204,19487.185.86$24,593
Sep 202204,19484.888.16$34,238
Aug 202204,90994.529.13$44,805
Jul 202203,426101.587.54$25,839
Jun 202205,083115.097.98$40,548
May 202205,285109.378.43$44,569
Apr 202205,083104.226.84$34,756
Mar 202205,313108.885.08$26,971
Feb 202204,86291.054.86$23,624
Jan 202205,44981.844.54$24,726
Dec 202105,50971.323.90$21,480
Nov 202105,40577.435.24$28,305
Oct 202105,39279.795.71$30,809
Sep 202104,81569.865.35$25,765
Aug 202107,03766.024.22$29,700
Jul 202103,32870.783.98$13,252
Jun 202103,93269.493.38$13,293
May 202105,10563.483.02$15,405
Apr 202105,32860.362.76$14,697
Mar 202105,88961.302.72$16,000
Feb 202103,96357.805.55$21,987
Jan 202106,48550.412.81$18,225
Dec 202006,17944.642.68$16,532
Nov 202008,26038.772.71$22,356
Oct 2020014,94236.972.48$37,033
Sep 202001,39937.091.99$2,785
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 202004,53549.881.98$8,982
Jan 202004,44257.252.09$9,305
Dec 201905,13659.012.30$11,835
Nov 201904,32355.302.75$11,891
Oct 201903,93153.472.42$9,507
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20195652.782.49$279
May 201912,90658.482.74$8,022
Apr 201915,01062.632.75$13,844
Mar 201903,16856.803.06$9,701
Feb 201904,44050.852.79$12,397
Jan 201906,34246.033.23$20,473
Dec 201826,09946.594.19$25,620
Nov 201854,67252.934.24$20,061
Oct 201807,36561.443.40$25,027
Sep 201805,84259.543.11$18,157
Aug 201804,16559.403.07$12,772
Jul 201815,58765.142.93$16,446
Jun 20181160.183.08$63
May 20181065.382.90$65
Apr 2018126,47463.842.90$19,546
Mar 2018315,72061.222.79$17,839
Feb 2018475,82161.782.77$19,005
Jan 2018546,69462.874.01$30,233
Dec 2017217,03057.272.92$21,741
Nov 2017225,29255.423.12$17,722
Oct 2017176,59349.292.98$20,509
Sep 2017117,65147.523.09$24,144
Aug 201766,51345.373.00$19,840
Jul 201778,03243.873.09$25,104
Jun 201725,71742.493.09$17,735
May 2017166,90745.373.26$23,266
Apr 2017323647.933.21$1,649
Mar 2017447,33246.772.98$23,934
Feb 2017517,12650.452.95$23,613
Jan 2017445,25949.413.42$20,154
Dec 2016477,00048.763.72$28,352
Nov 2016307,75542.492.64$21,782
Oct 2016238,69146.193.09$27,920
Sep 2016226,94541.553.10$22,448
Aug 201667,91741.442.92$23,401
Jul 201608,60141.622.92$25,152
Jun 201607,84845.352.69$21,078
May 201657,31342.521.99$14,773
Apr 201609,68336.561.99$19,279
Mar 201628,54133.011.79$15,389
Feb 201608,64626.472.06$17,842
Jan 201607,62127.352.36$18,019
Dec 201509,87232.362.00$19,758
Nov 201568,87538.792.17$19,468
Oct 20152411,01743.552.43$27,779
Sep 20152411,04142.992.76$31,487
Aug 2015219,22140.162.87$27,331
Jul 20152812,04248.152.95$36,813
Jun 20155511,04456.152.88$34,927
May 20158511,77355.212.96$39,487
Apr 20159712,31249.822.71$38,156
Mar 201514616242.892.93$6,737
Feb 20151066,13644.662.98$22,996
Jan 2015817,43743.433.10$26,577
Dec 201414613,23154.693.59$55,502
Nov 20141048,29770.464.25$42,605
Oct 20148813,38878.303.90$59,116
Sep 201410413,33986.164.05$62,923
Aug 20147113,17789.394.04$59,517
Jul 20148414,39996.564.18$68,293
Jun 20149713,97498.164.74$75,715
May 201411615,07594.734.73$82,242
Apr 201413715,68795.944.81$88,584
Mar 201420316,65495.895.06$103,682
Feb 201417315,23097.406.19$111,154
Jan 201422917,30290.404.86$104,802
Dec 201326117,78591.824.35$101,409
Nov 201318814,74188.853.74$71,810
Oct 201319120,41097.423.78$95,744
Sep 201316021,307104.113.72$95,871
Aug 201316513,758104.253.52$65,665
Jul 201321713,758102.523.72$73,396
Jun 201318216,25094.403.93$81,099
May 201319413,73694.834.15$75,389
Apr 201324419,48393.964.28$106,364
Mar 201314919,57093.623.91$90,524
Feb 201331018,26091.233.42$90,729
Jan 201338021,36291.603.42$107,864
Dec 201242421,33986.773.42$109,773
Nov 201240222,57686.953.62$116,791
Oct 201239625,13989.383.40$120,859
Sep 201233725,46094.672.92$106,206
Aug 201233926,68592.662.91$109,016
Jul 201239527,53385.133.02$116,798
Jun 201240028,15379.822.52$102,847
May 201246129,89691.612.49$116,623
Apr 201247332,138101.652.00$112,254
Mar 201223935,414105.052.22$103,800
Feb 201244934,856101.102.57$134,982
Jan 201283740,47398.092.73$192,758
Dec 201188143,24096.873.24$225,429
Nov 201197947,68595.723.31$251,608
Oct 201193649,77584.983.65$261,147
Sep 20111,18355,80383.623.99$321,342
Aug 20111,08871,72183.404.15$388,333
Jul 20111,180100,42694.144.52$564,734
Jun 201138427,82992.904.64$164,797
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$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                3,179 Mcf  × $  3.13 =     $9,946

────────────────────────────────────────────────────
Month total                                   $9,946

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/263663 is the state's own key, not one this site invented.