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 263664District 7CField 702791252 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.3 M
Aug 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
190
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 Gas112013-01-15207236
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
CondensateDisposition92,978 bbl$7,349,408
GasProduction1,657,692 Mcf$5,909,240
Total$13,258,648

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 31.6039, -102.1594. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.60385, -102.15937 · 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
12,146 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 12,146 ft.

Completions filed
Feb 2022
1 of 1 wells

1 well

42-461366454407HR12,146 ftFeb 2022

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 (190)

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

190 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 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 2021013170.783.98$522
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 202002037.091.99$40
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 202003,91349.881.98$7,750
Jan 202004,90557.252.09$10,275
Dec 201905,55859.012.30$12,808
Nov 201905,56855.302.75$15,316
Oct 201906,14453.472.42$14,860
Sep 20193355.052.66$173
Aug 20193353.112.30$166
Jul 20190056.272.46$0
Jun 20195652.782.49$279
May 201906,81458.482.74$18,673
Apr 201906,76562.632.75$18,608
Mar 201907,09156.803.06$21,713
Feb 201986,50350.852.79$18,565
Jan 2019937,31146.033.23$27,882
Dec 20182887,42646.594.19$44,499
Nov 2018467,26452.934.24$33,214
Oct 201877,75161.443.40$26,769
Sep 2018267,75359.543.11$25,644
Aug 2018307,42759.403.07$24,557
Jul 2018508,09365.142.93$26,985
Jun 2018658160.183.08$4,161
May 2018264365.382.90$1,825
Apr 2018157,11063.842.90$21,582
Mar 2018287,49661.222.79$22,604
Feb 201826,57761.782.77$18,316
Jan 201807,26962.874.01$29,144
Dec 201707,48057.272.92$21,853
Nov 201707,55155.423.12$23,547
Oct 201747,40849.292.98$22,300
Sep 2017946,54347.523.09$24,667
Aug 20174218,08145.373.00$43,379
Jul 20174328,86343.873.09$46,314
Jun 20173348,74142.493.09$41,178
May 20173419,12845.373.26$45,259
Apr 20173718,67347.933.21$45,636
Mar 20177118,67346.772.98$59,131
Feb 20176848,63550.452.95$60,004
Jan 20175657,15449.413.42$52,375
Dec 20168449,33948.763.72$75,921
Nov 20166518,76042.492.64$50,826
Oct 20167699,55046.193.09$65,032
Sep 20167959,28941.553.10$61,834
Aug 201633310,19441.442.92$43,610
Jul 201615210,04341.622.92$35,695
Jun 20164429,65945.352.69$45,987
May 201667910,71342.521.99$50,201
Apr 201678310,50136.561.99$49,534
Mar 201687610,99833.011.79$48,647
Feb 20164669,91926.472.06$32,804
Jan 20166139,47727.352.36$39,173
Dec 201583410,59832.362.00$48,199
Nov 201581010,16738.792.17$53,455
Oct 201570610,93343.552.43$57,276
Sep 201542510,43242.992.76$47,047
Aug 201544310,90240.162.87$49,107
Jul 201551811,68148.152.95$59,343
Jun 201532211,66156.152.88$51,697
May 201529712,21055.212.96$52,483
Apr 201544713,00949.822.71$57,479
Mar 201558473942.892.93$27,217
Feb 20151222,61044.662.98$13,216
Jan 20152093,83843.433.10$20,977
Dec 201445712,03254.693.59$68,205
Nov 20143759,75970.464.25$67,916
Oct 201425310,07378.303.90$59,104
Sep 201440511,10186.164.05$79,803
Aug 201435810,79889.394.04$75,573
Jul 201451012,36596.564.18$100,926
Jun 201450411,84798.164.74$105,590
May 201448710,10494.734.73$93,891
Apr 201457611,04095.944.81$108,354
Mar 201469511,86795.895.06$126,653
Feb 201444310,10597.406.19$105,718
Jan 201458411,54190.404.86$108,891
Dec 201365612,28791.824.35$113,737
Nov 201355011,72888.853.74$92,710
Oct 201368211,78797.423.78$110,988
Sep 201362312,292104.113.72$110,559
Aug 201361912,032104.253.52$106,915
Jul 201370412,032102.523.72$116,906
Jun 201362613,14794.403.93$110,807
May 201365814,27394.834.15$121,618
Apr 201373215,05993.964.28$133,270
Mar 201381315,45493.623.91$136,583
Feb 201377114,05291.233.42$118,395
Jan 201385116,42991.603.42$134,137
Dec 201283516,53386.773.42$128,998
Nov 201295216,84186.953.62$143,824
Oct 201296718,29589.383.40$148,628
Sep 201286118,04994.672.92$134,185
Aug 201283519,29292.662.91$133,475
Jul 201295519,47685.133.02$140,132
Jun 201285619,51179.822.52$117,475
May 201295521,00191.612.49$139,745
Apr 20121,02820,883101.652.00$146,195
Mar 20121,06622,813105.052.22$162,676
Feb 20121,03821,563101.102.57$160,364
Jan 20121,14323,27398.092.73$175,747
Dec 20111,30724,76396.873.24$206,835
Nov 20111,43425,43895.723.31$221,495
Oct 20111,43227,80184.983.65$223,124
Sep 20111,51428,22083.623.99$239,080
Aug 20111,58330,88283.404.15$260,162
Jul 20111,87832,67894.144.52$324,409
Jun 20111,79433,53192.904.64$322,242
May 20112,29935,20998.134.40$380,690
Apr 20112,46835,079105.964.33$413,516
Mar 20112,79140,85896.364.06$434,716
Feb 20112,22127,40385.644.18$304,750
Jan 20113,63444,56586.504.59$518,840
Dec 20104,23349,93385.734.35$579,991
Nov 20104,55853,46680.843.80$571,390
Oct 20105,78161,37378.103.51$666,847
Sep 20106,93457,45972.633.98$732,273
Aug 20103,92259,12373.684.42$550,259

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.

Jul 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 70.78 =         $0
Gas                  131 Mcf  × $  3.98 =       $522

────────────────────────────────────────────────────
Month total                                     $522

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/263664 is the state's own key, not one this site invented.