STATE TRACT 86

Name: STATE TRACT 86 lease production and value, Aug 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by NEUMIN PRODUCTION COMPANY (P-5 605990) in the PANTHER REEF, SW. (FRIO E-4) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 168365District 02Field 69029200CondensateGasSave Export

Value, all time

$25.7 M

Aug 1997 – Aug 2017

Value, last 12 filed months

$15 k

at the published price for each month

Months reported

241

no gaps in the span

Streams

condensate, gas

The PANTHER REEF, SW. (FRIO E-4) 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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered

1968-06-20

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: “(FRIO CONS.) FIELD #69022100, EFFECTIVE OCTOBER 20, 2015.”

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	27,829 bbl	$2,174,437
Gas	Production	5,094,479 Mcf	$23,536,416
Total			$25,710,853

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 28.2059, -96.7654. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.20585, -96.76539 · 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

10,550 ft

1 wells filed one

Completion to plug

19.8 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 10,550 ft.

Completions filed

Aug 1997

1 of 1 wells

Plug dates filed

May 2017

1 of 1 wells

Last completion to plug: a median of 19.8 years across the 1 well that filed both dates, with the middle half between 19.8 years and 19.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-05731559	1	10,550 ft	Aug 1997	May 2017	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 (241)

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

241 months


Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	292	321	47.93	3.21	$15,026
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	184	7,951	55.21	2.96	$33,657
Apr 2015	558	10,085	49.82	2.71	$55,095
Mar 2015	370	10,408	42.89	2.93	$46,414
Feb 2015	186	7,348	44.66	2.98	$30,176
Jan 2015	0	4,981	43.43	3.10	$15,444
Dec 2014	0	3,477	54.69	3.59	$12,487
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	175	1,231	78.30	3.90	$18,505
Sep 2014	185	8,831	86.16	4.05	$51,665
Aug 2014	365	10,760	89.39	4.04	$76,045
Jul 2014	186	7,752	96.56	4.18	$50,360
Jun 2014	371	10,491	98.16	4.74	$86,112
May 2014	187	10,725	94.73	4.73	$68,407
Apr 2014	374	11,190	95.94	4.81	$89,696
Mar 2014	317	11,712	95.89	5.06	$89,622
Feb 2014	185	7,295	97.40	6.19	$63,190
Jan 2014	273	11,968	90.40	4.86	$82,852
Dec 2013	287	10,646	91.82	4.35	$72,710
Nov 2013	317	13,095	88.85	3.74	$77,118
Oct 2013	238	10,630	97.42	3.78	$63,361
Sep 2013	279	11,071	104.11	3.72	$70,206
Aug 2013	233	13,217	104.25	3.52	$70,849
Jul 2013	181	12,126	102.52	3.72	$63,637
Jun 2013	0	10,906	94.40	3.93	$42,898
May 2013	241	10,481	94.83	4.15	$66,341
Apr 2013	398	11,100	93.96	4.28	$84,933
Mar 2013	341	11,555	93.62	3.91	$77,138
Feb 2013	328	11,187	91.23	3.42	$68,182
Jan 2013	151	9,028	91.60	3.42	$44,707
Dec 2012	341	12,407	86.77	3.42	$72,023
Nov 2012	248	12,289	86.95	3.62	$66,111
Oct 2012	345	9,478	89.38	3.40	$63,058
Sep 2012	315	11,962	94.67	2.92	$64,731
Aug 2012	389	12,508	92.66	2.91	$72,420
Jul 2012	470	12,760	85.13	3.02	$78,557
Jun 2012	486	13,692	79.82	2.52	$73,283
May 2012	345	14,596	91.61	2.49	$67,925
Apr 2012	482	14,097	101.65	2.00	$77,144
Mar 2012	298	13,558	105.05	2.22	$61,432
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	76	1,401	98.09	2.73	$11,285
Dec 2011	430	15,994	96.87	3.24	$93,471
Nov 2011	481	14,997	95.72	3.31	$95,701
Oct 2011	449	15,698	84.98	3.65	$95,431
Sep 2011	319	14,461	83.62	3.99	$84,313
Aug 2011	368	11,609	83.40	4.15	$78,861
Jul 2011	302	15,180	94.14	4.52	$97,002
Jun 2011	205	6,801	92.90	4.64	$50,600
May 2011	495	16,082	98.13	4.40	$119,413
Apr 2011	405	14,680	105.96	4.33	$106,526
Mar 2011	469	16,779	96.36	4.06	$113,271
Feb 2011	331	8,859	85.64	4.18	$65,377
Jan 2011	555	15,387	86.50	4.59	$118,615
Dec 2010	591	15,220	85.73	4.35	$116,839
Nov 2010	545	15,038	80.84	3.80	$101,132
Oct 2010	475	14,753	78.10	3.51	$88,864
Sep 2010	255	9,018	72.63	3.98	$54,408
Aug 2010	552	14,781	73.68	4.42	$105,994
Jul 2010	411	18,245	72.55	4.74	$116,235
Jun 2010	551	18,226	70.36	4.91	$128,265
May 2010	525	16,971	71.12	4.24	$109,214
Apr 2010	243	7,589	81.69	4.12	$51,138
Mar 2010	32	834	78.39	4.39	$6,169
Feb 2010	39	1,079	73.58	5.44	$8,742
Jan 2010	21	624	74.36	5.96	$5,283
Dec 2009	50	899	71.44	5.48	$8,502
Nov 2009	487	17,711	74.59	3.75	$102,768
Oct 2009	612	18,265	72.54	4.11	$119,468
Sep 2009	736	18,712	65.54	3.06	$105,585
Aug 2009	706	22,129	67.42	3.22	$118,821
Jul 2009	687	20,267	61.13	3.46	$112,211
Jun 2009	772	21,423	66.16	3.90	$134,518
May 2009	548	19,255	54.74	3.93	$105,588
Apr 2009	597	14,053	46.77	3.59	$78,337
Mar 2009	431	14,675	42.14	4.06	$77,728
Feb 2009	744	11,221	32.81	4.63	$76,398
Jan 2009	483	13,339	35.86	5.37	$88,964
Dec 2008	363	16,866	37.10	5.98	$114,278
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	9,309	101.90	9.66	$89,963
Feb 2008	113	8,429	92.53	8.77	$84,383
Jan 2008	454	14,427	90.38	8.21	$159,417
Dec 2007	0	27,106	88.33	7.30	$197,927
Nov 2007	0	26,778	91.67	7.29	$195,257
Oct 2007	0	24,176	82.85	6.92	$167,346
Sep 2007	0	23,724	75.84	6.24	$148,136
Aug 2007	0	20,287	69.06	6.39	$129,592
Jul 2007	0	22,520	70.90	6.39	$143,856
Jun 2007	0	23,028	62.00	7.55	$173,826
May 2007	0	24,505	58.74	7.85	$192,273
Apr 2007	0	23,735	59.61	7.81	$185,256
Mar 2007	0	25,892	56.92	7.30	$189,063
Feb 2007	0	21,735	55.10	8.22	$178,575
Jan 2007	0	22,527	50.30	6.73	$151,536
Dec 2006	0	24,623	56.65	6.92	$170,353
Nov 2006	0	24,085	54.20	7.62	$183,467
Oct 2006	0	20,714	54.90	6.01	$124,570
Sep 2006	0	25,898	60.08	5.04	$130,453
Aug 2006	0	27,908	68.71	7.34	$204,842
Jul 2006	0	27,044	69.37	6.34	$171,534
Jun 2006	0	21,013	66.28	6.38	$134,144
May 2006	0	31,123	66.01	6.42	$199,965
Apr 2006	0	30,646	64.39	7.36	$225,569
Mar 2006	0	31,553	56.70	7.08	$223,487
Feb 2006	0	27,152	57.59	7.75	$210,458
Jan 2006	0	31,724	60.59	8.93	$283,401
Dec 2005	0	19,192	54.94	13.42	$257,468
Nov 2005	0	24,266	54.69	10.59	$256,938
Oct 2005	0	18,573	58.34	13.80	$256,229
Sep 2005	0	27,152	61.45	12.08	$327,969
Aug 2005	0	35,316	61.51	9.80	$345,985
Jul 2005	0	31,783	55.69	7.84	$249,294
Jun 2005	0	14,476	52.33	7.38	$106,848
May 2005	0	32,295	45.22	6.65	$214,799
Apr 2005	0	31,256	49.20	7.36	$230,059
Mar 2005	0	32,280	50.37	7.15	$230,960
Feb 2005	0	29,321	45.22	6.31	$185,072
Jan 2005	0	27,360	43.16	6.32	$172,975
Dec 2004	0	33,589	39.86	6.75	$226,762
Nov 2004	0	35,882	45.28	6.33	$227,148
Oct 2004	0	35,093	49.70	6.52	$228,634
Sep 2004	0	35,308	43.24	5.28	$186,564
Aug 2004	0	34,818	42.37	5.55	$193,263
Jul 2004	0	33,969	38.28	6.08	$206,674
Jun 2004	0	33,568	36.10	6.43	$215,944
May 2004	0	32,044	37.48	6.49	$208,112
Apr 2004	0	31,863	34.47	5.86	$186,668
Mar 2004	0	31,591	34.36	5.53	$174,703
Feb 2004	0	27,197	32.45	5.51	$149,845
Jan 2004	0	32,934	32.03	6.30	$207,472
Dec 2003	0	32,754	30.26	6.30	$206,404
Nov 2003	0	32,157	28.80	4.60	$147,767
Oct 2003	0	30,017	28.17	4.76	$142,870
Sep 2003	0	31,848	26.31	4.75	$151,258
Aug 2003	0	33,240	29.76	5.13	$170,512
Jul 2003	0	30,511	29.41	5.17	$157,768
Jun 2003	0	30,033	28.56	5.98	$179,686
May 2003	0	31,113	26.59	5.97	$185,828
Apr 2003	0	21,087	26.67	5.41	$114,023
Mar 2003	0	28,803	31.14	6.10	$175,584
Feb 2003	0	30,247	33.48	7.93	$239,734
Jan 2003	0	34,491	30.31	5.58	$192,530
Dec 2002	0	34,678	26.91	4.85	$168,319
Nov 2002	0	33,655	24.66	4.14	$139,229
Oct 2002	0	35,072	26.46	4.23	$148,324
Sep 2002	0	32,364	27.44	3.64	$117,650
Aug 2002	0	34,470	25.96	3.16	$109,069
Jul 2002	0	35,093	24.58	3.06	$107,446
Jun 2002	0	33,027	23.73	3.34	$110,252
May 2002	0	35,844	24.66	3.58	$128,465
Apr 2002	0	33,870	23.65	3.51	$118,962
Mar 2002	0	37,703	22.00	3.10	$116,982
Feb 2002	0	36,780	18.22	2.38	$87,378
Jan 2002	0	39,625	17.17	2.38	$94,136
Dec 2001	0	40,529	16.93	2.36	$95,827
Nov 2001	0	33,555	18.07	2.41	$80,717
Oct 2001	0	37,345	19.78	2.53	$94,441
Sep 2001	0	36,314	24.26	2.25	$81,754
Aug 2001	0	39,854	24.87	3.05	$121,681
Jul 2001	0	40,616	23.93	3.20	$129,853
Jun 2001	0	41,763	24.56	3.82	$159,708
May 2001	0	42,288	25.52	4.31	$182,148
Apr 2001	0	41,643	24.68	5.34	$222,179
Mar 2001	0	47,304	24.54	5.38	$254,327
Feb 2001	0	40,149	27.75	5.77	$231,542
Jan 2001	0	41,331	27.47	8.40	$347,129
Dec 2000	0	45,504	26.88	9.12	$415,110
Nov 2000	0	43,133	32.21	5.66	$244,047
Oct 2000	0	43,901	31.23	5.15	$225,893
Sep 2000	0	43,509	31.87	5.19	$225,659
Aug 2000	0	46,223	29.64	4.54	$209,887
Jul 2000	0	46,628	28.53	4.09	$190,697
Jun 2000	0	43,758	29.30	4.40	$192,415
May 2000	0	44,212	27.26	3.68	$162,689
Apr 2000	0	48,599	24.51	3.12	$151,434
Mar 2000	0	50,817	28.42	2.86	$145,324
Feb 2000	0	48,413	27.62	2.73	$131,998
Jan 2000	0	51,441	25.27	2.48	$127,599
Dec 1999	0	52,138	24.28	2.42	$126,368
Nov 1999	0	51,217	23.19	2.43	$124,662
Oct 1999	0	52,026	20.98	2.80	$145,866
Sep 1999	0	49,442	21.75	2.62	$129,481
Aug 1999	0	48,765	19.26	2.88	$140,229
Jul 1999	0	48,340	17.89	2.37	$114,680
Jun 1999	0	44,155	15.94	2.36	$104,299
May 1999	0	47,203	15.79	2.32	$109,559
Apr 1999	0	45,110	15.10	2.21	$99,605
Mar 1999	0	51,386	12.47	1.84	$94,464
Feb 1999	0	48,212	9.98	1.82	$87,639
Jan 1999	0	53,212	10.38	1.90	$101,100
Dec 1998	0	54,992	9.20	1.77	$97,518
Nov 1998	0	51,102	10.89	2.19	$111,695
Oct 1998	0	53,747	12.42	1.97	$105,839
Sep 1998	0	39,380	12.59	2.08	$82,014
Aug 1998	0	37,895	11.30	1.91	$72,279
Jul 1998	0	36,303	11.74	2.24	$81,220
Jun 1998	0	37,588	11.24	2.24	$84,095
May 1998	0	40,284	12.62	2.21	$88,880
Apr 1998	0	35,411	13.04	2.51	$88,716
Mar 1998	0	15,185	12.80	2.31	$35,069
Feb 1998	0	3,252	13.95	2.30	$7,477
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	0	0	17.86	2.55	$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.

Apr 2017 — as filed, then multipliedworked

Condensate           292 bbl  × $ 47.93 =    $13,996
Gas                  321 Mcf  × $  3.21 =     $1,031

────────────────────────────────────────────────────
Month total                                  $15,026

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/168365 is the state's own key, not one this site invented.