NEW, J. K. ESTATE "G" I

Operated by DALE OPERATING COMPANY (P-5 197624) in the JOHNSTONE (MIDDLE FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 166114District 02Field 47065250CondensateGasSaveExport
Value, all time
$344 k
Nov 1997 – Aug 2000
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
34
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 22 leases and 22 wells, and the rule below applies to all of them.

Discovered
1997-07-21
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

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 12/01/97.

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
CondensateDisposition122 bbl$2,465
GasProduction144,137 Mcf$341,252
Total$343,718

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 28.6471, -97.1450. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.64713, -97.14501 · 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
5,600 ft
1 wells filed one
Completion to plug
2.8 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 5,600 ft.

Completions filed
Nov 1997
1 of 1 wells
Plug dates filed
Aug 2000
1 of 1 wells

Last completion to plug: a median of 2.8 years across the 1 well that filed both dates, with the middle half between 2.8 years and 2.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4693325985,600 ftNov 1997Aug 2000Yes

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 (34)

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

34 months

Aug 200002229.644.54$100
Jul 200007828.534.09$319
Jun 2000052029.304.40$2,287
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 2000073628.422.86$2,105
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19995372624.282.42$3,046
Nov 19990023.192.43$0
Oct 199901,01420.982.80$2,843
Sep 19990021.752.62$0
Aug 19994974119.262.88$3,075
Jul 1999076617.892.37$1,817
Jun 19990015.942.36$0
May 1999060515.792.32$1,404
Apr 19990015.102.21$0
Mar 1999056812.471.84$1,044
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 1998084012.421.97$1,654
Sep 1998087912.592.08$1,831
Aug 199806,68711.301.91$12,754
Jul 19982010,76111.742.24$24,310
Jun 1998013,33311.242.24$29,830
May 1998014,27412.622.21$31,493
Apr 1998013,49913.042.51$33,819
Mar 1998014,32812.802.31$33,090
Feb 1998015,29513.952.30$35,165
Jan 1998017,96514.702.15$38,711
Dec 1997016,49716.322.41$39,776
Nov 1997014,00318.193.09$43,245

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.

Aug 2000 — as filed, then multipliedworked
Condensate             0 bbl  × $ 29.64 =         $0
Gas                   22 Mcf  × $  4.54 =       $100

────────────────────────────────────────────────────
Month total                                     $100

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/166114 is the state's own key, not one this site invented.