VT COLEMAN HEIRS 503

Operated by VIRTEX OPERATING COMPANY, INC. (P-5 886261) in the SUN T S H (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 233686District 01Field 872515002 tax incentive programmesCondensateGasSaveExport
Value, all time
$333 k
Oct 2007 – Jun 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
153
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 326 leases and 350 wells, and the rule below applies to all of them.

Discovered
1983-04-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-01-15.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA OF 5% PER WELL 95% DEL. IF CAPACITY RESCINDED

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 Gas112009-01-15184657
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
CondensateDisposition598 bbl$49,282
GasProduction62,026 Mcf$283,234
Total$332,516

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 28.1481, -99.3335. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.14813, -99.33347 · 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
0.0%
0 of 1 wells
Median depth
8,112 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
1100.0%
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.
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 8,112 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-2833205518,112 ftJul 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 (153)

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

153 months

Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 201912050.852.79$610
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20183061.782.77$185
Jan 20181062.874.01$63
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20174046.772.98$187
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016037541.622.92$1,097
Jun 2016035845.352.69$962
May 2016036542.521.99$727
Apr 2016038336.561.99$763
Mar 2016027733.011.79$497
Feb 2016050426.472.06$1,040
Jan 2016061027.352.36$1,442
Dec 2015054932.362.00$1,099
Nov 2015052038.792.17$1,127
Oct 2015057843.552.43$1,403
Sep 2015073542.992.76$2,027
Aug 2015044140.162.87$1,267
Jul 2015038848.152.95$1,143
Jun 2015051456.152.88$1,482
May 2015049655.212.96$1,466
Apr 2015042649.822.71$1,153
Mar 2015049542.892.93$1,453
Feb 2015048244.662.98$1,435
Jan 2015042743.433.10$1,324
Dec 2014048954.693.59$1,756
Nov 2014051470.464.25$2,185
Oct 2014059078.303.90$2,302
Sep 2014060386.164.05$2,439
Aug 2014063189.394.04$2,546
Jul 2014070796.564.18$2,955
Jun 2014041298.164.74$1,952
May 2014062194.734.73$2,935
Apr 2014069095.944.81$3,318
Mar 2014060095.895.06$3,034
Feb 2014056297.406.19$3,480
Jan 2014047390.404.86$2,299
Dec 2013068691.824.35$2,987
Nov 2013081688.853.74$3,050
Oct 2013082897.423.78$3,129
Sep 20130627104.113.72$2,331
Aug 20130800104.253.52$2,818
Jul 201335665102.523.72$6,061
Jun 2013043294.403.93$1,699
May 2013058494.834.15$2,423
Apr 2013056893.964.28$2,433
Mar 2013065393.623.91$2,555
Feb 2013061491.233.42$2,100
Jan 2013064191.603.42$2,192
Dec 2012061086.773.42$2,086
Nov 2012049186.953.62$1,780
Oct 2012048189.383.40$1,635
Sep 2012046694.672.92$1,360
Aug 2012055192.662.91$1,602
Jul 2012055185.133.02$1,664
Jun 2012049979.822.52$1,257
May 2012043191.612.49$1,072
Apr 20120431101.652.00$861
Mar 20120410105.052.22$911
Feb 20120376101.102.57$966
Jan 2012038098.092.73$1,039
Dec 2011045196.873.24$1,461
Nov 2011057695.723.31$1,907
Oct 2011042084.983.65$1,532
Sep 2011039283.623.99$1,562
Aug 2011047083.404.15$1,950
Jul 2011053794.144.52$2,426
Jun 2011053292.904.64$2,468
May 2011052998.134.40$2,330
Apr 2011177523105.964.33$21,021
Mar 2011061496.364.06$2,491
Feb 2011043985.644.18$1,835
Jan 2011048786.504.59$2,235
Dec 2010060985.734.35$2,648
Nov 2010055980.843.80$2,122
Oct 2010054378.103.51$1,905
Sep 2010061172.633.98$2,431
Aug 2010050873.684.42$2,245
Jul 2010054872.554.74$2,596
Jun 201018043270.364.91$14,786
May 201018648271.124.24$15,270
Apr 2010042981.694.12$1,769
Mar 2010049178.394.39$2,155
Feb 2010043773.585.44$2,378
Jan 2010058074.365.96$3,459
Dec 2009046371.445.48$2,539
Nov 2009028474.593.75$1,065
Oct 2009051472.544.11$2,113
Sep 2009054365.543.06$1,664
Aug 2009054567.423.22$1,754
Jul 2009055961.133.46$1,937
Jun 2009070966.163.90$2,762
May 2009066454.743.93$2,607
Apr 2009065046.773.59$2,332
Mar 200901,15942.144.06$4,704
Feb 200901,17532.814.63$5,444
Jan 200901,65135.865.37$8,868
Dec 200801,80137.105.98$10,765
Nov 200801,82555.496.86$12,520
Oct 200801,59175.246.92$11,013
Sep 200801,702101.767.88$13,407
Aug 200802,531114.228.48$21,471
Jul 200802,055131.0811.39$23,405
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

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.

Feb 2019 — as filed, then multipliedworked
Condensate            12 bbl  × $ 50.85 =       $610
Gas                    0 Mcf  × $  2.79 =         $0

────────────────────────────────────────────────────
Month total                                     $610

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/233686 is the state's own key, not one this site invented.