MAY

Operated by EDGE PETROLEUM OPER. CO., INC. (P-5 243208) in the FRED LONG (HOCKLEY 3850) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 170615District 02Field 32811300CondensateGasSaveExport
Value, all time
$234 k
Jun 1998 – Oct 2001
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
41
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 26 leases and 32 wells, and the rule below applies to all of them.

Discovered
1987-09-06
as the register files it
Field class
Oil and 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 03/01/99.

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
CondensateDisposition175 bbl$2,446
GasProduction93,013 Mcf$231,779
Total$234,225

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 28.3777, -97.8831. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37768, -97.88310 · 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
4,311 ft
1 wells filed one
Completion to plug
3.3 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 4,311 ft.

Completions filed
Jun 1998
1 of 1 wells
Plug dates filed
Oct 2001
1 of 1 wells

Last completion to plug: a median of 3.3 years across the 1 well that filed both dates, with the middle half between 3.3 years and 3.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0253288124,311 ftJun 1998Oct 2001Yes

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 (41)

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

41 months

Oct 20010019.782.53$0
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 2001028227.755.77$1,626
Jan 2001039227.478.40$3,292
Dec 2000064526.889.12$5,884
Nov 2000085332.215.66$4,826
Oct 200001,17631.235.15$6,051
Sep 200001,08931.875.19$5,648
Aug 200001,14629.644.54$5,204
Jul 2000098328.534.09$4,020
Jun 200011,62029.304.40$7,153
May 200001,94327.263.68$7,150
Apr 200001,53424.513.12$4,780
Mar 200001,71628.422.86$4,907
Feb 200001,77627.622.73$4,842
Jan 200001,84825.272.48$4,584
Dec 199901,94424.282.42$4,712
Nov 199902,17823.192.43$5,301
Oct 199942,46920.982.80$7,006
Sep 1999152,55921.752.62$7,028
Aug 199902,69319.262.88$7,744
Jul 1999193,09217.892.37$7,675
Jun 199903,79915.942.36$8,974
May 1999113,78715.792.32$8,963
Apr 1999254,18215.102.21$9,612
Mar 1999204,79712.471.84$9,068
Feb 1999174,3489.981.82$8,073
Jan 199906,47810.381.90$12,308
Dec 1998177,0679.201.77$12,688
Nov 1998227,29410.892.19$16,182
Oct 1998126,61712.421.97$13,179
Sep 1998127,74212.592.08$16,275
Aug 199804,96411.301.91$9,468
Jul 19980011.742.24$0
Jun 19980011.242.24$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.

Feb 2001 — as filed, then multipliedworked
Condensate             0 bbl  × $ 27.75 =         $0
Gas                  282 Mcf  × $  5.77 =     $1,626

────────────────────────────────────────────────────
Month total                                   $1,626

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/170615 is the state's own key, not one this site invented.