MARTHILJOHNI

Operated by ALLEGRO INVESTMENTS, INC. (P-5 13305) in the BRIGHT FALCON (FRIO 5160) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 188836District 02Field 11957200CondensateGasSave
Value, all time
$334 k
Apr 2001 – Oct 2003
Value, last 12 filed months
$129 k
at the published price for each month
Months reported
31
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition28 bbl$833
GasProduction87,003 Mcf$332,846
Total$333,679

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 29.0351, -96.6300. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.03508, -96.63005 · 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
8,700 ft
1 wells filed one
Completion to plug
2.4 years
median over 1 wells

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 8,700 ft.

Completions filed
Apr 2001
1 of 1 wells
Plug dates filed
Sep 2003
1 of 1 wells

Last completion to plug: a median of 2.4 years across the 1 well that filed both dates, with the middle half between 2.4 years and 2.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2393311618,700 ftApr 2001Sep 2003Yes

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 (31)

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

31 months

Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 200328029.765.13$833
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 200301,85826.595.97$11,097
Apr 200302,41526.675.41$13,059
Mar 200302,58331.146.10$15,746
Feb 200303,86133.487.93$30,602
Jan 200303,66830.315.58$20,475
Dec 200204,49826.914.85$21,832
Nov 200203,78424.664.14$15,654
Oct 200205,13626.464.23$21,721
Sep 200205,61727.443.64$20,419
Aug 200206,47325.963.16$20,482
Jul 200206,46124.583.06$19,782
Jun 200206,08423.733.34$20,310
May 200206,16924.663.58$22,110
Apr 200206,36223.653.51$22,345
Mar 200206,60022.003.10$20,478
Feb 200207,65018.222.38$18,174
Jan 200207,73717.172.38$18,381
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 200104724.563.82$180
May 20010025.524.31$0
Apr 20010024.685.34$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.

Aug 2003 — as filed, then multipliedworked
Condensate            28 bbl  × $ 29.76 =       $833
Gas                    0 Mcf  × $  5.13 =         $0

────────────────────────────────────────────────────
Month total                                     $833

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/188836 is the state's own key, not one this site invented.