VESELY

Operated by MILLER ENERGY, INC. (P-5 567747) in the ESPERANZA (3170) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 168814District 02Field 29361735CondensateGasSaveExport
Value, all time
$432 k
Feb 1998 – Mar 2009
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
134
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1975-10-23
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.

StreamBasisVolumeValue
CondensateDisposition138 bbl$10,759
GasProduction154,564 Mcf$421,607
Total$432,366

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 29.1569, -96.9619. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.15690, -96.96186 · 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
8,100 ft
1 wells filed one
Completion to plug
11.1 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 8,100 ft.

Completions filed
Feb 1998
1 of 1 wells
Plug dates filed
Mar 2009
1 of 1 wells

Last completion to plug: a median of 11.1 years across the 1 well that filed both dates, with the middle half between 11.1 years and 11.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2853256118,100 ftFeb 1998Mar 2009Yes

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 (134)

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

134 months

Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008627155.496.86$2,192
Oct 2008430175.246.92$2,384
Sep 20086332101.767.88$3,226
Aug 20085498114.228.48$4,796
Jul 20085363131.0811.39$4,790
Jun 20081443131.3313.03$5,905
May 20081472123.1711.57$5,586
Apr 20081439110.3110.45$4,700
Mar 20082496101.909.66$4,997
Feb 20081660992.538.77$6,822
Jan 20081569790.388.21$7,075
Dec 20071063188.337.30$5,491
Nov 2007438291.677.29$3,152
Oct 2007027082.856.92$1,869
Sep 2007628775.846.24$2,247
Aug 2007829369.066.39$2,424
Jul 2007324370.906.39$1,765
Jun 2007736562.007.55$3,189
May 2007832658.747.85$3,028
Apr 20071035859.617.81$3,390
Mar 20071133556.927.30$3,072
Feb 2007037055.108.22$3,040
Jan 2007053950.306.73$3,626
Dec 2006063456.656.92$4,386
Nov 2006475554.207.62$5,968
Oct 200603,51654.906.01$21,145
Sep 200602,62060.085.04$13,197
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 20030028.174.76$0
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 2001015518.072.41$373
Oct 20012219.782.53$45
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 2000028129.304.40$1,236
May 2000088827.263.68$3,268
Apr 2000045324.513.12$1,412
Mar 2000096728.422.86$2,765
Feb 200001,26027.622.73$3,435
Jan 200001,10025.272.48$2,729
Dec 1999044524.282.42$1,079
Nov 199901,78123.192.43$4,335
Oct 19990020.982.80$0
Sep 199903,08221.752.62$8,071
Aug 199904,59119.262.88$13,202
Jul 199904,36517.892.37$10,355
Jun 199904,72415.942.36$11,159
May 199905,71015.792.32$13,253
Apr 199905,39615.102.21$11,915
Mar 199906,35612.471.84$11,684
Feb 199905,8779.981.82$10,683
Jan 199908,47210.381.90$16,096
Dec 199814,5849.201.77$8,138
Nov 199825,80010.892.19$12,699
Oct 199809,69312.421.97$19,088
Sep 1998010,96412.592.08$22,834
Aug 1998012,99611.301.91$24,788
Jul 1998014,29111.742.24$31,973
Jun 1998015,08311.242.24$33,745
May 199808,33612.622.21$18,392
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 199806713.952.30$154

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.

Nov 2008 — as filed, then multipliedworked
Condensate             6 bbl  × $ 55.49 =       $333
Gas                  271 Mcf  × $  6.86 =     $1,859

────────────────────────────────────────────────────
Month total                                   $2,192

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/168814 is the state's own key, not one this site invented.