MILLS, J. T. SR. TRUST

Operated by REGENCY ENERGY, INC. (P-5 698761) in the HOMEYER (BASAL OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 124757District 01Field 42406150NGPA filingCondensateGasSaveExport
Value, all time
$124 k
Jan 1993 – Nov 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
191
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1987-07-15
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
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
CondensateDisposition1 bbl$45
GasProduction142,392 Mcf$124,318
Total$124,363

100,101 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 28.9933, -99.8536. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.99334, -99.85356 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
1,140 ft
1 wells filed one
Completion to plug
21.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 1,140 ft.

Completions filed
Jul 1987
1 of 1 wells
Plug dates filed
Nov 2008
1 of 1 wells

Last completion to plug: a median of 21.3 years across the 1 well that filed both dates, with the middle half between 21.3 years and 21.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5073220911,140 ftJul 1987Nov 2008Yes

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 (191)

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

191 months

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
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20051145.226.65$52
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 200207422.003.10$230
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001013424.873.05$409
Jul 20010023.933.20$0
Jun 200107424.563.82$283
May 2001022325.524.31$961
Apr 2001025524.685.34$1,361
Mar 2001038324.545.38$2,059
Feb 2001052427.755.77$3,022
Jan 2001057727.478.40$4,846
Dec 2000052926.889.12$4,826
Nov 2000073432.215.66$4,153
Oct 2000076431.235.15$3,931
Sep 20000031.875.19$0
Aug 200002529.644.54$114
Jul 200006028.534.09$245
Jun 2000063529.304.40$2,792
May 2000079127.263.68$2,911
Apr 2000079124.513.12$2,465
Mar 2000078528.422.86$2,245
Feb 200001,38727.622.73$3,782
Jan 200001,17925.272.48$2,925
Dec 199901,14624.282.42$2,778
Nov 199901,55523.192.43$3,785
Oct 199902,53620.982.80$7,110
Sep 199902,88021.752.62$7,542
Aug 199902,97019.262.88$8,541
Jul 199902,30117.892.37$5,459
Jun 199902,46715.942.36$5,827
May 1999025715.792.32$597
Apr 1999014115.102.21$311
Mar 1999017612.471.84$324
Feb 199901449.981.82$262
Jan 199909710.381.90$184
Dec 199801659.201.77$293
Nov 1998036210.892.19$791
Oct 1998027612.421.97$544
Sep 1998057612.592.08$1,200
Aug 1998081811.301.91$1,560
Jul 1998077811.742.24$1,741
Jun 1998054611.242.24$1,222
May 1998084412.622.21$1,862
Apr 1998082813.042.51$2,074
Mar 1998092012.802.31$2,125
Feb 1998080213.952.30$1,844
Jan 1998086014.702.15$1,853
Dec 1997068716.322.41$1,656
Nov 1997066518.193.09$2,054
Oct 1997089219.253.15$2,810
Sep 1997077517.742.95$2,290
Aug 1997064917.862.55$1,658
Jul 1997040817.582.25$917
Jun 1997082817.242.26$1,869
May 1997079218.972.31$1,828
Apr 1997010417.882.08$217
Mar 1997049418.951.94$958
Feb 1997081620.492.21$1,800
Jan 1997081123.483.54$2,871
Dec 1996073623.32$0
Nov 1996060121.97$0
Oct 1996095323.31$0
Sep 199601,29322.22$0
Aug 199601,34320.26$0
Jul 199601,32619.55$0
Jun 199601,26418.73$0
May 199601,06819.43$0
Apr 199601,08021.51$0
Mar 199601,29419.38$0
Feb 199601,81216.98$0
Jan 199601,48217.07$0
Dec 199501,10817.19$0
Nov 199501,05716.00$0
Oct 199501,22715.43$0
Sep 199502,07116.18$0
Aug 199502,19615.92$0
Jul 199501,90415.24$0
Jun 199502,03816.41$0
May 199501,87517.56$0
Apr 199501,99117.73$0
Mar 199502,01716.44$0
Feb 199501,72316.58$0
Jan 199502,00315.92$0
Dec 199402,15115.03$0
Nov 199402,02115.90$0
Oct 199402,64415.58$0
Sep 199402,26315.29$0
Aug 199402,38916.13$0
Jul 199402,36917.56$0
Jun 199402,08017.09$0
May 199402,14115.88$0
Apr 199402,28314.14$0
Mar 199402,55812.46$0
Feb 199402,46412.50$0
Jan 199402,62312.66$0
Dec 199302,98212.33$0
Nov 199302,84514.49$0
Oct 199302,64815.85$0
Sep 199302,73815.03$0
Aug 1993044315.66$0
Jul 199303,36115.46$0
Jun 199303,26516.79$0
May 199303,50417.68$0
Apr 199303,57918.05$0
Mar 199304,00718.14$0
Feb 199303,29117.90$0
Jan 199303,99016.93$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 2005 — as filed, then multipliedworked
Condensate             1 bbl  × $ 45.22 =        $45
Gas                    1 Mcf  × $  6.65 =         $7

────────────────────────────────────────────────────
Month total                                      $52

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. 01/G/124757 is the state's own key, not one this site invented.