LONG

Operated by ENCO EXPLORATION COMPANY (P-5 251883) in the FRED LONG (3RD SLICK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 173060District 02Field 32811850CondensateGasSaveExport
Value, all time
$358 k
Feb 1999 – Dec 2004
Value, last 12 filed months
$871
at the published price for each month
Months reported
71
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1999-02-07
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
CondensateDisposition328 bbl$7,429
GasProduction125,694 Mcf$350,524
Total$357,953

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 28.4019, -97.8931. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.40190, -97.89314 · 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
11,000 ft
1 wells filed one
Completion to plug
5.8 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 11,000 ft.

Completions filed
Feb 1999
1 of 1 wells
Plug dates filed
Dec 2004
1 of 1 wells

Last completion to plug: a median of 5.8 years across the 1 well that filed both dates, with the middle half between 5.8 years and 5.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-02532925211,000 ftFeb 1999Dec 2004Yes

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 (71)

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

71 months

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 200401434.475.86$82
Mar 200402534.365.53$138
Feb 200403832.455.51$209
Jan 200407032.036.30$441
Dec 200305030.266.30$315
Nov 200302128.804.60$97
Oct 20030328.174.76$14
Sep 200302426.314.75$114
Aug 2003019529.765.13$1,000
Jul 2003024929.415.17$1,288
Jun 2003014728.565.98$880
May 2003018626.595.97$1,111
Apr 2003029726.675.41$1,606
Mar 2003026831.146.10$1,634
Feb 2003025933.487.93$2,053
Jan 200301,49630.315.58$8,351
Dec 2002047826.914.85$2,320
Nov 2002029924.664.14$1,237
Oct 2002036826.464.23$1,556
Sep 2002059327.443.64$2,156
Aug 2002075625.963.16$2,392
Jul 2002035424.583.06$1,084
Jun 2002061023.733.34$2,036
May 200203,24324.663.58$11,623
Apr 2002047623.653.51$1,672
Mar 2002049222.003.10$1,527
Feb 2002093818.222.38$2,228
Jan 2002093117.172.38$2,212
Dec 2001079216.932.36$1,873
Nov 2001055218.072.41$1,328
Oct 2001070219.782.53$1,775
Sep 2001058824.262.25$1,324
Aug 2001075524.873.05$2,305
Jul 2001075423.933.20$2,411
Jun 2001071024.563.82$2,715
May 2001082925.524.31$3,571
Apr 2001088124.685.34$4,700
Mar 200101,05124.545.38$5,651
Feb 2001095327.755.77$5,496
Jan 200101,22427.478.40$10,280
Dec 2000094326.889.12$8,603
Nov 200001,33032.215.66$7,525
Oct 200001,12031.235.15$5,763
Sep 200011,31731.875.19$6,862
Aug 200001,33729.644.54$6,071
Jul 20001451,29328.534.09$9,425
Jun 200001,13629.304.40$4,995
May 200001,48427.263.68$5,461
Apr 200001,60524.513.12$5,001
Mar 200002,40628.422.86$6,881
Feb 200002,28727.622.73$6,236
Jan 200012,12225.272.48$5,289
Dec 199912,36024.282.42$5,744
Nov 199912,10223.192.43$5,139
Oct 199902,40620.982.80$6,746
Sep 199902,14321.752.62$5,612
Aug 199912,85819.262.88$8,238
Jul 19991707,32317.892.37$20,414
Jun 1999610,18215.942.36$24,147
May 1999211,32715.792.32$26,322
Apr 199906,23615.102.21$13,769
Mar 1999017,80612.471.84$32,733
Feb 1999019,9009.981.82$36,174

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 2004 — as filed, then multipliedworked
Condensate             0 bbl  × $ 34.47 =         $0
Gas                   14 Mcf  × $  5.86 =        $82

────────────────────────────────────────────────────
Month total                                      $82

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/173060 is the state's own key, not one this site invented.