SWIERC

Operated by SE USA OPERATING, INC. (P-5 760850) in the TOM LYNE (REAGAN -C-) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 197010District 02Field 90504498GasSaveExport
Value, all time
$2.9 M
Apr 2003 – Dec 2008
Value, last 12 filed months
$465 k
at the published price for each month
Months reported
69
no gaps in the span
Streams
1
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1964-10-05
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 Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 01/01/2009.

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
GasProduction416,528 Mcf$2,949,077
Total$2,949,077

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 28.2662, -98.2031. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.26620, -98.20312 · 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
0.0%
0 of 1 wells
Median depth
11,720 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 11,720 ft.

Completions filed
Dec 2008
1 of 1 wells

1 well

42-29734491311,720 ftDec 2008Yes

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 (69)

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

69 months

Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 20083,58875.246.92$24,836
Sep 20081,772101.767.88$13,958
Aug 20087,542114.228.48$63,979
Jul 20087,685131.0811.39$87,528
Jun 20084,260131.3313.03$55,519
May 20084,850123.1711.57$56,135
Apr 20084,680110.3110.45$48,929
Mar 20084,925101.909.66$47,596
Feb 20082,49292.538.77$21,856
Jan 20085,39090.388.21$44,229
Dec 20076,29588.337.30$45,966
Nov 20076,01091.677.29$43,823
Oct 20076,58582.856.92$45,581
Sep 20077,92575.846.24$49,485
Aug 20078,42069.066.39$53,786
Jul 20079,25570.906.39$59,120
Jun 20078,88162.007.55$67,038
May 200710,11058.747.85$79,326
Apr 200711,78059.617.81$91,945
Mar 20077,21556.927.30$52,684
Feb 200711,36555.108.22$93,375
Jan 200714,75550.306.73$99,255
Dec 200614,60156.656.92$101,016
Nov 200615,64854.207.62$119,198
Oct 20069,50254.906.01$57,143
Sep 200617,62560.085.04$88,781
Aug 200618,40068.717.34$135,055
Jul 200618,46069.376.34$117,087
Jun 200619,30566.286.38$123,241
May 200618,59066.016.42$119,441
Apr 200619,77064.397.36$145,517
Mar 200618,77556.707.08$132,982
Feb 200610,19257.597.75$78,999
Jan 20066,35560.598.93$56,771
Dec 200525054.9413.42$3,354
Nov 200535054.6910.59$3,706
Oct 200541058.3413.80$5,656
Sep 200538261.4512.08$4,614
Aug 200545061.519.80$4,409
Jul 200529055.697.84$2,275
Jun 200550552.337.38$3,727
May 200548545.226.65$3,226
Apr 200554149.207.36$3,982
Mar 200560850.377.15$4,350
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 20041,40139.866.75$9,458
Nov 20041,94045.286.33$12,281
Oct 20042,09849.706.52$13,669
Sep 20041,49643.245.28$7,905
Aug 20041,79042.375.55$9,936
Jul 20042,47038.286.08$15,028
Jun 20042,39836.106.43$15,426
May 20044,20337.486.49$27,297
Apr 20044,75134.475.86$27,834
Mar 20045,46434.365.53$30,217
Feb 20043,10232.455.51$17,091
Jan 20043,80132.036.30$23,945
Dec 20033,57930.266.30$22,554
Nov 20034,90428.804.60$22,535
Oct 20034,87228.174.76$23,189
Sep 20035,11526.314.75$24,293
Aug 20035,89029.765.13$30,214
Jul 20034,90229.415.17$25,347
Jun 20035,07828.565.98$30,381
May 2003026.595.97$0
Apr 2003026.675.41$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.

Oct 2008 — as filed, then multipliedworked
Gas                3,588 Mcf  × $  6.92 =    $24,836

────────────────────────────────────────────────────
Month total                                  $24,836

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/197010 is the state's own key, not one this site invented.