TRAYLOR, MAUDE B.

Operated by SABCO OPERATING COMPANY (P-5 741923) in the MAUDE B. TRAYLOR (F-41-61, DEEP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 109250District 02Field 58429183NGPA filingCondensateGasSaveExport
Value, all time
$283 k
Jan 1993 – May 2007
Value, last 12 filed months
$417
at the published price for each month
Months reported
173
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 34 leases and 34 wells, and the rule below applies to all of them.

Discovered
1994-04-25
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 40 acres. The field rule took effect on 1994-04-26.

The Commission's schedule remark for this field reads: B. TRAYLOR #28 SHALL BE DESIGNATED AS A SINGLE RESERVOIR.

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
CondensateDisposition8,903 bbl$150,336
GasProduction252,637 Mcf$133,000
Total$283,335

198,245 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 28.6432, -96.4788. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.64325, -96.47879 · 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
15,226 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 15,226 ft.

Completions filed
Mar 2010
1 of 1 wells

1 well

42-05731260215,226 ftMar 2010Yes

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 (173)

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

173 months

May 20070058.747.85$0
Apr 20077059.617.81$417
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 20050045.226.65$0
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 2003159028.174.76$4,479
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 20020022.003.10$0
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 20010024.873.05$0
Jul 20013023.933.20$72
Jun 20012024.563.82$49
May 20010025.524.31$0
Apr 200112424.685.34$153
Mar 200133124.545.38$240
Feb 200122827.755.77$217
Jan 200101927.478.40$160
Dec 20000026.889.12$0
Nov 200001632.215.66$91
Oct 20001031.235.15$31
Sep 20001031.875.19$32
Aug 20002029.644.54$59
Jul 200008828.534.09$360
Jun 2000254029.304.40$2,433
May 2000255427.263.68$2,093
Apr 2000353824.513.12$1,750
Mar 2000454028.422.86$1,658
Feb 2000229527.622.73$860
Jan 200018525.272.48$236
Dec 1999032824.282.42$795
Nov 1999036323.192.43$884
Oct 1999012720.982.80$356
Sep 1999075121.752.62$1,967
Aug 1999070119.262.88$2,016
Jul 199916417.892.37$170
Jun 1999113915.942.36$344
May 199914515.792.32$120
Apr 199901,28215.102.21$2,831
Mar 1999099412.471.84$1,827
Feb 19991763969.981.82$2,476
Jan 1999022110.381.90$420
Dec 199808229.201.77$1,458
Nov 199811,41110.892.19$3,095
Oct 199801,38912.421.97$2,735
Sep 199801,37612.592.08$2,866
Aug 199811,37411.301.91$2,632
Jul 19981881,35211.742.24$5,232
Jun 199801,52511.242.24$3,412
May 199801,00112.622.21$2,209
Apr 199801,58913.042.51$3,981
Mar 19981911,73112.802.31$6,442
Feb 199801,58313.952.30$3,640
Jan 199801,79714.702.15$3,872
Dec 199701,35416.322.41$3,265
Nov 19971901,92118.193.09$9,389
Oct 199712,10719.253.15$6,656
Sep 199702,17917.742.95$6,439
Aug 19972662,42917.862.55$10,956
Jul 1997512,58717.582.25$6,709
Jun 19975432,61817.242.26$15,271
May 199722,76218.972.31$6,414
Apr 199702,90817.882.08$6,057
Mar 19971922,95618.951.94$9,371
Feb 199702,75720.492.21$6,082
Jan 199702,69523.483.54$9,539
Dec 19962412,85823.32$5,620
Nov 199603,20321.97$0
Oct 19961893,45723.31$4,406
Sep 19961853,19622.22$4,111
Aug 199603,16220.26$0
Jul 199602,90819.55$0
Jun 19965573,39018.73$10,433
May 199603,53119.43$0
Apr 199603,38821.51$0
Mar 199602,83119.38$0
Feb 19961922,92516.98$3,260
Jan 19963613,71517.07$6,162
Dec 199503,95017.19$0
Nov 19953624,67816.00$5,792
Oct 199505,15715.43$0
Sep 19953554,73516.18$5,744
Aug 199505,18215.92$0
Jul 19953604,87915.24$5,486
Jun 199502,84516.41$0
May 199504,14017.56$0
Apr 19951954,02117.73$3,457
Mar 199503,62816.44$0
Feb 199504,24016.58$0
Jan 199504,88815.92$0
Dec 19941934,59015.03$2,901
Nov 199404,36515.90$0
Oct 199404,42815.58$0
Sep 19943762,42815.29$5,749
Aug 199402,67616.13$0
Jul 199402,46217.56$0
Jun 19941842,98017.09$3,145
May 199403,21715.88$0
Apr 19941932,87014.14$2,729
Mar 199403,22412.46$0
Feb 199402,99712.50$0
Jan 19943443,73112.66$4,355
Dec 19931983,69912.33$2,441
Nov 199303,60014.49$0
Oct 19933503,58815.85$5,548
Sep 19933803,98815.03$5,711
Aug 19933565,46115.66$5,575
Jul 199305,95615.46$0
Jun 19933577,61616.79$5,994
May 199306,87317.68$0
Apr 199305,46118.05$0
Mar 19935825,89118.14$10,557
Feb 19931979,94817.90$3,526
Jan 19931965,28916.93$3,318

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.

Apr 2007 — as filed, then multipliedworked
Condensate             7 bbl  × $ 59.61 =       $417
Gas                    0 Mcf  × $  7.81 =         $0

────────────────────────────────────────────────────
Month total                                     $417

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. 02/G/109250 is the state's own key, not one this site invented.