ALGEA GAS UNIT

Name: ALGEA GAS UNIT lease production and value, Jan 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MAGNUM ENGINEERING COMPANY (P-5 521539) in the ORANGEDALE (LULING, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 161800District 02Field 67544251CondensateGasSave Export

Value, all time

$6.2 M

Jan 1997 – Apr 2005

Value, last 12 filed months

$293 k

at the published price for each month

Months reported

100

no gaps in the span

Streams

condensate, gas

The ORANGEDALE (LULING, LOWER) field

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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered

1993-09-04

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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.

Stream	Basis	Volume	Value
Condensate	Disposition	7,264 bbl	$167,867
Gas	Production	1,721,529 Mcf	$6,002,265
Total			$6,170,132

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 28.4459, -97.8488. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.44592, -97.84880 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,600 ft

1 wells filed one

Completion to plug

17.2 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 10,600 ft.

Completions filed

Apr 2005

1 of 1 wells

Plug dates filed

Jun 2022

1 of 1 wells

Last completion to plug: a median of 17.2 years across the 1 well that filed both dates, with the middle half between 17.2 years and 17.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-02532776	3	10,600 ft	Apr 2005	Jun 2022	Yes

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 (100)

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

100 months


Apr 2005	34	0	49.20	7.36	$1,673
Mar 2005	0	131	50.37	7.15	$937
Feb 2005	180	2,060	45.22	6.31	$21,142
Jan 2005	0	2,473	43.16	6.32	$15,635
Dec 2004	0	2,824	39.86	6.75	$19,065
Nov 2004	0	3,085	45.28	6.33	$19,529
Oct 2004	0	4,050	49.70	6.52	$26,386
Sep 2004	0	5,107	43.24	5.28	$26,985
Aug 2004	0	5,394	42.37	5.55	$29,940
Jul 2004	179	5,411	38.28	6.08	$39,774
Jun 2004	0	6,182	36.10	6.43	$39,769
May 2004	0	8,100	37.48	6.49	$52,606
Apr 2004	0	8,398	34.47	5.86	$49,199
Mar 2004	0	6,355	34.36	5.53	$35,144
Feb 2004	0	5,850	32.45	5.51	$32,231
Jan 2004	0	7,347	32.03	6.30	$46,283
Dec 2003	195	5,381	30.26	6.30	$39,810
Nov 2003	0	6,012	28.80	4.60	$27,626
Oct 2003	0	9,117	28.17	4.76	$43,394
Sep 2003	0	10,154	26.31	4.75	$48,225
Aug 2003	167	12,841	29.76	5.13	$70,841
Jul 2003	0	14,785	29.41	5.17	$76,451
Jun 2003	0	11,278	28.56	5.98	$67,476
May 2003	0	8,939	26.59	5.97	$53,390
Apr 2003	311	11,009	26.67	5.41	$67,823
Mar 2003	0	14,491	31.14	6.10	$88,338
Feb 2003	0	9,752	33.48	7.93	$77,293
Jan 2003	91	16,964	30.31	5.58	$97,452
Dec 2002	0	21,161	26.91	4.85	$102,710
Nov 2002	0	17,616	24.66	4.14	$72,877
Oct 2002	0	4,660	26.46	4.23	$19,708
Sep 2002	0	5,409	27.44	3.64	$19,663
Aug 2002	146	6,649	25.96	3.16	$24,829
Jul 2002	0	6,767	24.58	3.06	$20,719
Jun 2002	0	6,646	23.73	3.34	$22,186
May 2002	175	9,115	24.66	3.58	$36,984
Apr 2002	0	12,310	23.65	3.51	$43,237
Mar 2002	0	9,838	22.00	3.10	$30,525
Feb 2002	0	12,678	18.22	2.38	$30,119
Jan 2002	184	11,200	17.17	2.38	$29,767
Dec 2001	0	15,952	16.93	2.36	$37,717
Nov 2001	1	12,881	18.07	2.41	$31,004
Oct 2001	0	17,885	19.78	2.53	$45,229
Sep 2001	0	17,905	24.26	2.25	$40,310
Aug 2001	167	23,659	24.87	3.05	$76,388
Jul 2001	0	25,323	23.93	3.20	$80,960
Jun 2001	168	25,359	24.56	3.82	$101,103
May 2001	178	28,590	25.52	4.31	$127,689
Apr 2001	175	25,679	24.68	5.34	$141,325
Mar 2001	357	34,933	24.54	5.38	$196,576
Feb 2001	178	28,966	27.75	5.77	$171,989
Jan 2001	0	9,955	27.47	8.40	$83,610
Dec 2000	208	19,539	26.88	9.12	$183,836
Nov 2000	11	21,665	32.21	5.66	$122,935
Oct 2000	177	24,430	31.23	5.15	$131,232
Sep 2000	10	27,912	31.87	5.19	$145,084
Aug 2000	184	32,242	29.64	4.54	$151,857
Jul 2000	4	38,079	28.53	4.09	$155,848
Jun 2000	164	32,621	29.30	4.40	$148,248
May 2000	155	14,263	27.26	3.68	$56,710
Apr 2000	3	12,855	24.51	3.12	$40,130
Mar 2000	177	14,644	28.42	2.86	$46,909
Feb 2000	3	17,360	27.62	2.73	$47,415
Jan 2000	4	20,050	25.27	2.48	$49,835
Dec 1999	184	22,591	24.28	2.42	$59,222
Nov 1999	171	22,564	23.19	2.43	$58,886
Oct 1999	0	25,307	20.98	2.80	$70,953
Sep 1999	176	28,598	21.75	2.62	$78,722
Aug 1999	201	35,288	19.26	2.88	$105,345
Jul 1999	14	27,887	17.89	2.37	$66,409
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	172	15.79	2.32	$399
Apr 1999	0	2,676	15.10	2.21	$5,909
Mar 1999	3	10,537	12.47	1.84	$19,408
Feb 1999	5	5,475	9.98	1.82	$10,002
Jan 1999	166	6,902	10.38	1.90	$14,837
Dec 1998	7	9,623	9.20	1.77	$17,129
Nov 1998	189	11,235	10.89	2.19	$26,615
Oct 1998	0	15,651	12.42	1.97	$30,820
Sep 1998	0	17,065	12.59	2.08	$35,540
Aug 1998	180	17,726	11.30	1.91	$35,844
Jul 1998	21	19,480	11.74	2.24	$43,829
Jun 1998	0	20,119	11.24	2.24	$45,012
May 1998	170	28,654	12.62	2.21	$65,366
Apr 1998	0	24,296	13.04	2.51	$60,870
Mar 1998	67	18,038	12.80	2.31	$42,515
Feb 1998	173	24,806	13.95	2.30	$59,446
Jan 1998	322	28,238	14.70	2.15	$65,580
Dec 1997	0	33,839	16.32	2.41	$81,589
Nov 1997	173	25,600	18.19	3.09	$82,206
Oct 1997	0	27,420	19.25	3.15	$86,368
Sep 1997	178	29,917	17.74	2.95	$91,559
Aug 1997	0	36,223	17.86	2.55	$92,540
Jul 1997	0	35,041	17.58	2.25	$78,735
Jun 1997	175	34,463	17.24	2.26	$80,807
May 1997	170	36,993	18.97	2.31	$88,623
Apr 1997	177	40,927	17.88	2.08	$88,407
Mar 1997	178	50,865	18.95	1.94	$102,007
Feb 1997	178	59,484	20.49	2.21	$134,863
Jan 1997	0	17,543	23.48	3.54	$62,097

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 2005 — as filed, then multipliedworked

Condensate            34 bbl  × $ 49.20 =     $1,673
Gas                    0 Mcf  × $  7.36 =         $0

────────────────────────────────────────────────────
Month total                                   $1,673

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/161800 is the state's own key, not one this site invented.