USA

Operated by TALISMAN ENERGY USA INC. (P-5 835506) in the ISAACKS (EDWARDS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 196104District 02Field 44810500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.3 M
Dec 2002 – Jun 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
115
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1957-07-15
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 register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 01/01/2007.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112010-03-18197582
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition447 bbl$29,291
GasProduction652,820 Mcf$4,297,851
Total$4,327,142

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 28.4992, -98.2897. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.49923, -98.28971 · 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
15,730 ft
1 wells filed one
Completion to plug
9.5 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 15,730 ft.

Completions filed
Dec 2002
1 of 1 wells
Plug dates filed
Jun 2012
1 of 1 wells

Last completion to plug: a median of 9.5 years across the 1 well that filed both dates, with the middle half between 9.5 years and 9.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-29734462115,730 ftDec 2002Jun 2012Yes

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 (115)

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

115 months

Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010261,28885.734.35$7,829
Nov 201002,86080.843.80$10,855
Oct 201001,44978.103.51$5,084
Sep 2010401,41072.633.98$8,516
Aug 2010131,90273.684.42$9,363
Jul 2010532,74072.554.74$16,823
Jun 2010815,88070.364.91$34,572
May 20100371.124.24$13
Apr 2010798781.694.12$6,812
Mar 201002078.394.39$88
Feb 201002273.585.44$120
Jan 2010084674.365.96$5,046
Dec 200931,22371.445.48$6,921
Nov 2009125,22074.593.75$20,478
Oct 200903,93272.544.11$16,162
Sep 200925,65265.543.06$17,453
Aug 2009155,00267.423.22$17,110
Jul 20091161.133.46$65
Jun 200976166.163.90$701
May 200906,74054.743.93$26,460
Apr 2009184,64846.773.59$17,517
Mar 2009251,30342.144.06$6,342
Feb 2009285,31332.814.63$25,534
Jan 2009177,57435.865.37$41,290
Dec 2008273037.105.98$1,181
Nov 200805,37855.496.86$36,895
Oct 200804,83375.246.92$33,454
Sep 200808,699101.767.88$68,523
Aug 200805,175114.228.48$43,900
Jul 200803,673131.0811.39$41,833
Jun 200803,805131.3313.03$49,589
May 200807,053123.1711.57$81,633
Apr 200808,029110.3110.45$83,942
Mar 20080718101.909.66$6,939
Feb 200804,97292.538.77$43,607
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 200703,32075.846.24$20,731
Aug 200704,54869.066.39$29,052
Jul 200704,95270.906.39$31,633
Jun 200703,22862.007.55$24,366
May 200705,28758.747.85$41,483
Apr 200705,13959.617.81$40,111
Mar 200706,33156.927.30$46,229
Feb 200705,98355.108.22$49,156
Jan 200706,72250.306.73$45,218
Dec 200606,73156.656.92$46,568
Nov 200605,33154.207.62$40,609
Oct 200608,74954.906.01$52,615
Sep 200606,79260.085.04$34,213
Aug 200609,70168.717.34$71,205
Jul 200602,63169.376.34$16,688
Jun 200607,00766.286.38$44,732
May 200608,87566.016.42$57,022
Apr 200608,40564.397.36$61,865
Mar 200608,26056.707.08$58,505
Feb 200608,69957.597.75$67,427
Jan 200608,68160.598.93$77,550
Dec 200509,11854.9413.42$122,322
Nov 200506,09654.6910.59$64,547
Oct 200502,35858.3413.80$32,530
Sep 200508,99261.4512.08$108,614
Aug 2005010,59661.519.80$103,807
Jul 200509,03055.697.84$70,828
Jun 200509,96752.337.38$73,567
May 2005010,64245.226.65$70,782
Apr 2005010,20149.207.36$75,084
Mar 2005011,34350.377.15$81,158
Feb 2005010,50645.226.31$66,313
Jan 2005012,06543.166.32$76,277
Dec 2004013,35239.866.75$90,140
Nov 2004012,26745.286.33$77,655
Oct 2004016,83949.706.52$109,708
Sep 2004010,74343.245.28$56,765
Aug 2004011,72842.375.55$65,098
Jul 2004014,58438.286.08$88,732
Jun 2004014,95736.106.43$96,219
May 2004015,24337.486.49$98,997
Apr 2004015,12534.475.86$88,609
Mar 2004018,49734.365.53$102,291
Feb 2004020,43432.455.51$112,584
Jan 2004014,58432.036.30$91,874
Dec 2003019,59430.266.30$123,474
Nov 2003021,21928.804.60$97,505
Oct 2003039,19428.174.76$186,549
Sep 2003030,63326.314.75$145,487
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

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.

Dec 2010 — as filed, then multipliedworked
Condensate            26 bbl  × $ 85.73 =     $2,229
Gas                1,288 Mcf  × $  4.35 =     $5,600

────────────────────────────────────────────────────
Month total                                   $7,829

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/196104 is the state's own key, not one this site invented.