REVEILLE

Operated by MARSHALL & WINSTON, INC. (P-5 527850) in the FRANCES HILL (PENN, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 162870District 01Field 325195102 tax incentive programmesCondensateGasSaveExport
Value, all time
$299 k
Apr 1997 – Nov 2001
Value, last 12 filed months
$0
at the published price for each month
Months reported
56
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 37 leases and 37 wells, and the rule below applies to all of them.

Discovered
1979-07-20
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1997-09-19.

The Commission's schedule remark for this field reads: FRANCES HILL (PENN LOWER) FEILD (ID#'S 159920 & 160065).

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 Gas111997-07-29136878
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
CondensateDisposition168 bbl$2,780
GasProduction122,743 Mcf$296,401
Total$299,181

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 30.2519, -100.5590. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.25192, -100.55896 · 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
6,695 ft
1 wells filed one
Completion to plug
4.6 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 6,695 ft.

Completions filed
Apr 1997
1 of 1 wells
Plug dates filed
Nov 2001
1 of 1 wells

Last completion to plug: a median of 4.6 years across the 1 well that filed both dates, with the middle half between 4.6 years and 4.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1373130626,695 ftApr 1997Nov 2001Yes

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 (56)

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

56 months

Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000129.304.40$4
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000625.272.48$15
Dec 19990624.282.42$15
Nov 199903023.192.43$73
Oct 1999011620.982.80$325
Sep 199903621.752.62$94
Aug 199906219.262.88$178
Jul 199908617.892.37$204
Jun 1999013115.942.36$309
May 1999015515.792.32$360
Apr 1999019315.102.21$426
Mar 1999024712.471.84$454
Feb 199902369.981.82$429
Jan 1999027610.381.90$524
Dec 199803329.201.77$589
Nov 1998022110.892.19$483
Oct 1998037012.421.97$729
Sep 1998042712.592.08$889
Aug 1998084111.301.91$1,604
Jul 1998361,12911.742.24$2,949
Jun 1998088411.242.24$1,978
May 1998064312.622.21$1,419
Apr 199801,12413.042.51$2,816
Mar 199802,24512.802.31$5,185
Feb 199802,66013.952.30$6,116
Jan 199803,14014.702.15$6,766
Dec 199705,33916.322.41$12,873
Nov 199706,81418.193.09$21,043
Oct 199704,49919.253.15$14,171
Sep 199704,87317.742.95$14,399
Aug 199713218,02517.862.55$48,407
Jul 1997025,56217.582.25$57,436
Jun 1997021,77017.242.26$49,139
May 1997020,26418.972.31$46,779
Apr 19970017.882.08$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 2000 — as filed, then multipliedworked
Condensate             0 bbl  × $ 29.30 =         $0
Gas                    1 Mcf  × $  4.40 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/162870 is the state's own key, not one this site invented.