WEST, FRED D.

Operated by VIRTEX PETROLEUM COMPANY, INC. (P-5 886228) in the BIG FOOT, WEST (GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 53District 01Field 07856250NGPA filingGasSaveExport
Value, all time
$80 k
Jan 1993 – Oct 2005
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
154
no gaps in the span
Streams
1
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 92 leases and 92 wells, and the rule below applies to all of them.

Discovered
1952-11-13
as the register files it
Field class
Gas
the register's own label
Between wells
2,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 213 acres. The field rule took effect on 1985-06-14.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/2002.

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
NGPA2none

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
GasProduction86,423 Mcf$79,637
Total$79,637

53,498 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 29.0097, -98.9087. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.00970, -98.90873 · 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
3,016 ft
1 wells filed one
Completion to plug
47.1 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 3,016 ft.

Completions filed
Sep 1958
1 of 1 wells
Plug dates filed
Oct 2005
1 of 1 wells

Last completion to plug: a median of 47.1 years across the 1 well that filed both dates, with the middle half between 47.1 years and 47.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1630007913,016 ftSep 1958Oct 2005Yes

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 (154)

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

154 months

Oct 2005058.3413.80$0
Sep 2005561.4512.08$60
Aug 2005661.519.80$59
Jul 2005755.697.84$55
Jun 2005752.337.38$52
May 200510345.226.65$685
Apr 2005449.207.36$29
Mar 2005850.377.15$57
Feb 2005545.226.31$32
Jan 2005843.166.32$51
Dec 2004339.866.75$20
Nov 2004645.286.33$38
Oct 20041049.706.52$65
Sep 2004843.245.28$42
Aug 2004642.375.55$33
Jul 2004838.286.08$49
Jun 2004436.106.43$26
May 20041037.486.49$65
Apr 2004534.475.86$29
Mar 2004434.365.53$22
Feb 2004932.455.51$50
Jan 2004332.036.30$19
Dec 2003330.266.30$19
Nov 2003728.804.60$32
Oct 2003828.174.76$38
Sep 2003526.314.75$24
Aug 2003629.765.13$31
Jul 2003429.415.17$21
Jun 2003728.565.98$42
May 2003626.595.97$36
Apr 20031326.675.41$70
Mar 20031431.146.10$85
Feb 20031833.487.93$143
Jan 20033030.315.58$167
Dec 20022826.914.85$136
Nov 20022224.664.14$91
Oct 2002526.464.23$21
Sep 2002727.443.64$25
Aug 20021025.963.16$32
Jul 2002724.583.06$21
Jun 2002523.733.34$17
May 2002624.663.58$22
Apr 2002623.653.51$21
Mar 2002322.003.10$9
Feb 2002318.222.38$7
Jan 2002217.172.38$5
Dec 2001216.932.36$5
Nov 2001418.072.41$10
Oct 2001319.782.53$8
Sep 2001324.262.25$7
Aug 2001324.873.05$9
Jul 2001423.933.20$13
Jun 2001524.563.82$19
May 2001225.524.31$9
Apr 2001124.685.34$5
Mar 2001324.545.38$16
Feb 2001627.755.77$35
Jan 2001327.478.40$25
Dec 2000226.889.12$18
Nov 2000132.215.66$6
Oct 2000231.235.15$10
Sep 2000431.875.19$21
Aug 2000329.644.54$14
Jul 2000428.534.09$16
Jun 2000329.304.40$13
May 2000427.263.68$15
Apr 2000324.513.12$9
Mar 2000128.422.86$3
Feb 2000027.622.73$0
Jan 2000425.272.48$10
Dec 199974824.282.42$1,813
Nov 199977923.192.43$1,896
Oct 199978720.982.80$2,207
Sep 199982121.752.62$2,150
Aug 199992019.262.88$2,646
Jul 199981217.892.37$1,926
Jun 199983815.942.36$1,979
May 199988015.792.32$2,043
Apr 199985115.102.21$1,879
Mar 199977412.471.84$1,423
Feb 19997229.981.82$1,312
Jan 199991310.381.90$1,735
Dec 19989009.201.77$1,596
Nov 199889910.892.19$1,965
Oct 199885312.421.97$1,680
Sep 199880312.592.08$1,672
Aug 199898111.301.91$1,871
Jul 19981,01411.742.24$2,269
Jun 199891011.242.24$2,036
May 199842712.622.21$942
Apr 199890013.042.51$2,255
Mar 199893612.802.31$2,162
Feb 199884413.952.30$1,940
Jan 199892814.702.15$2,000
Dec 199795516.322.41$2,303
Nov 199797218.193.09$3,002
Oct 19971,04119.253.15$3,279
Sep 19971,04117.742.95$3,076
Aug 19971,02717.862.55$2,624
Jul 19971,05117.582.25$2,362
Jun 19971,00917.242.26$2,278
May 19971,06618.972.31$2,461
Apr 19971,00017.882.08$2,083
Mar 199798318.951.94$1,906
Feb 199791020.492.21$2,007
Jan 19971,10623.483.54$3,915
Dec 19961,20923.32$0
Nov 19961,19921.97$0
Oct 199697123.31$0
Sep 199637922.22$0
Aug 19967720.26$0
Jul 19961,10119.55$0
Jun 19961,08518.73$0
May 19961,07819.43$0
Apr 19961,05921.51$0
Mar 19961,11019.38$0
Feb 199678116.98$0
Jan 199656417.07$0
Dec 199597717.19$0
Nov 199592316.00$0
Oct 19951,12815.43$0
Sep 19951,06216.18$0
Aug 19951,08715.92$0
Jul 19951,10415.24$0
Jun 19951,05516.41$0
May 19951,10717.56$0
Apr 19951,06317.73$0
Mar 19951,10716.44$0
Feb 19951,00416.58$0
Jan 19951,13315.92$0
Dec 19941,15015.03$0
Nov 19941,18915.90$0
Oct 19941,31115.58$0
Sep 199452715.29$0
Aug 19941,20816.13$0
Jul 19941,28017.56$0
Jun 19941,30617.09$0
May 19941,32815.88$0
Apr 19941,29414.14$0
Mar 19941,33212.46$0
Feb 19941,19812.50$0
Jan 19941,31112.66$0
Dec 19931,41712.33$0
Nov 19931,41314.49$0
Oct 19931,55915.85$0
Sep 19931,33215.03$0
Aug 19931,60515.66$0
Jul 19931,63515.46$0
Jun 19931,39716.79$0
May 19931,61117.68$0
Apr 19931,01418.05$0
Mar 19931,05718.14$0
Feb 199371217.90$0
Jan 199394916.93$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.

Sep 2005 — as filed, then multipliedworked
Gas                    5 Mcf  × $ 12.08 =        $60

────────────────────────────────────────────────────
Month total                                      $60

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/53 is the state's own key, not one this site invented.