BUNGER "5"

Operated by OXY USA INC. (P-5 630591) in the SIMPSON-MANN (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 209323District 01Field 837043002 tax incentive programmesCondensateGasSaveExport
Value, all time
$210 k
Apr 2005 – Jun 2013
Value, last 12 filed months
$267
at the published price for each month
Months reported
99
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 204 leases and 205 wells, and the rule below applies to all of them.

Discovered
1984-09-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1988-10-10.

The Commission's schedule remark for this field reads: DOC.01-0219396 WELLS OP UNDER NET RATIO NOT EXCEED 550 MCF

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 Gas112006-07-31167895
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
CondensateDisposition2 bbl$121
GasProduction27,562 Mcf$209,602
Total$209,723

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 30.2575, -101.6130. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.25748, -101.61303 · 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
5,003 ft
1 wells filed one
Completion to plug
8.2 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 5,003 ft.

Completions filed
Apr 2005
1 of 1 wells
Plug dates filed
Jun 2013
1 of 1 wells

Last completion to plug: a median of 8.2 years across the 1 well that filed both dates, with the middle half between 8.2 years and 8.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4653076445,003 ftApr 2005Jun 2013Yes

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 (99)

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

99 months

Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 201301291.603.42$41
Dec 201204486.773.42$150
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201202585.133.02$76
Jun 201203179.822.52$78
May 201203191.612.49$77
Apr 2012033101.652.00$66
Mar 2012030105.052.22$67
Feb 2012028101.102.57$72
Jan 201203098.092.73$82
Dec 201102996.873.24$94
Nov 201102995.723.31$96
Oct 201103084.983.65$109
Sep 201102583.623.99$100
Aug 201102983.404.15$120
Jul 201102994.144.52$131
Jun 201102992.904.64$135
May 201103198.134.40$137
Apr 2011030105.964.33$130
Mar 201102896.364.06$114
Feb 201102385.644.18$96
Jan 201103186.504.59$142
Dec 201002885.734.35$122
Nov 201003080.843.80$114
Oct 201002978.103.51$102
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100670.364.91$29
May 201006871.124.24$288
Apr 20100081.694.12$0
Mar 201004178.394.39$180
Feb 2010012773.585.44$691
Jan 2010019674.365.96$1,169
Dec 2009016871.445.48$921
Nov 2009017874.593.75$668
Oct 2009018972.544.11$777
Sep 2009020965.543.06$641
Aug 2009021567.423.22$692
Jul 2009027961.133.46$967
Jun 2009018666.163.90$724
May 2009015854.743.93$620
Apr 2009018946.773.59$678
Mar 2009036342.144.06$1,473
Feb 2009020132.814.63$931
Jan 2009014235.865.37$763
Dec 2008020937.105.98$1,249
Nov 2008029355.496.86$2,010
Oct 2008041875.246.92$2,893
Sep 20080327101.767.88$2,576
Aug 20080431114.228.48$3,656
Jul 20080172131.0811.39$1,959
Jun 20080208131.3313.03$2,711
May 20080204123.1711.57$2,361
Apr 20080178110.3110.45$1,861
Mar 20080203101.909.66$1,962
Feb 2008028292.538.77$2,473
Jan 2008028590.388.21$2,339
Dec 2007023588.337.30$1,716
Nov 2007011791.677.29$853
Oct 2007015382.856.92$1,059
Sep 2007017975.846.24$1,118
Aug 2007017869.066.39$1,137
Jul 2007033070.906.39$2,108
Jun 2007012862.007.55$966
May 2007013358.747.85$1,044
Apr 2007017059.617.81$1,327
Mar 2007051056.927.30$3,724
Feb 2007058655.108.22$4,815
Jan 2007034450.306.73$2,314
Dec 2006030656.656.92$2,117
Nov 2006047754.207.62$3,634
Oct 2006068754.906.01$4,131
Sep 2006078560.085.04$3,954
Aug 2006031168.717.34$2,283
Jul 2006054469.376.34$3,450
Jun 2006060866.286.38$3,881
May 2006053266.016.42$3,418
Apr 2006037364.397.36$2,745
Mar 2006084656.707.08$5,992
Feb 2006079157.597.75$6,131
Jan 2006255860.598.93$5,106
Dec 2005060054.9413.42$8,049
Nov 2005053954.6910.59$5,707
Oct 2005085958.3413.80$11,851
Sep 200501,18561.4512.08$14,314
Aug 200501,22261.519.80$11,972
Jul 200501,42955.697.84$11,209
Jun 20050052.337.38$0
May 200502,99345.226.65$19,907
Apr 200502,03549.207.36$14,979

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.

Jan 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.60 =         $0
Gas                   12 Mcf  × $  3.42 =        $41

────────────────────────────────────────────────────
Month total                                      $41

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/209323 is the state's own key, not one this site invented.