TRAYLOR, MAUDE B.

Operated by WAGNER OIL COMPANY (P-5 891175) in the MAUDE B. TRAYLOR (F-41-61, DEEP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198850District 02Field 584291832 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Oct 2003 – Jun 2016
Value, last 12 filed months
$136
at the published price for each month
Months reported
153
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 34 leases and 34 wells, and the rule below applies to all of them.

Discovered
1994-04-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1994-04-26.

The Commission's schedule remark for this field reads: B. TRAYLOR #28 SHALL BE DESIGNATED AS A SINGLE RESERVOIR.

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 Gas112010-11-17200181
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
CondensateDisposition3,614 bbl$249,175
GasProduction170,515 Mcf$1,000,016
Total$1,249,191

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 28.6377, -96.4702. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.63768, -96.47017 · 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
13,847 ft
1 wells filed one
Completion to plug
11.8 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 13,847 ft.

Completions filed
Oct 2003
1 of 1 wells
Plug dates filed
Jul 2015
1 of 1 wells

Last completion to plug: a median of 11.8 years across the 1 well that filed both dates, with the middle half between 11.8 years and 11.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-057315272813,847 ftOct 2003Jul 2015Yes

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 (153)

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

153 months

Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20151040.162.87$40
Jul 20152048.152.95$96
Jun 20156556.152.88$351
May 20151210055.212.96$958
Apr 20152584749.822.71$3,538
Mar 20151395242.892.93$3,351
Feb 20151079544.662.98$2,813
Jan 2015891243.433.10$3,175
Dec 20141691154.693.59$4,147
Nov 20141587970.464.25$4,794
Oct 20142290178.303.90$5,237
Sep 2014866186.164.05$3,363
Aug 20142092189.394.04$5,504
Jul 20143095796.564.18$6,897
Jun 20144895898.164.74$9,250
May 20141395194.734.73$5,726
Apr 20142894595.944.81$7,231
Mar 2014511,11295.895.06$10,514
Feb 20142695697.406.19$8,452
Jan 2014281,10890.404.86$7,917
Dec 2013421,05391.824.35$8,442
Nov 20131499988.853.74$4,978
Oct 20133176797.423.78$5,919
Sep 201332641104.113.72$5,715
Aug 201332769104.253.52$6,045
Jul 2013151,059102.523.72$5,475
Jun 2013151,01994.403.93$5,424
May 20134690394.834.15$8,109
Apr 20131691593.964.28$5,422
Mar 20134794493.623.91$8,094
Feb 2013077091.233.42$2,633
Jan 20131691591.603.42$4,595
Dec 20122098786.773.42$5,111
Nov 20121896686.953.62$5,067
Oct 20123084689.383.40$5,558
Sep 20121480394.672.92$3,669
Aug 20123698792.662.91$6,206
Jul 20121186285.133.02$3,540
Jun 2012241,19879.822.52$4,933
May 2012401,41491.612.49$7,183
Apr 201220975101.652.00$3,980
Mar 201218629105.052.22$3,289
Feb 201218988101.102.57$4,359
Jan 2012371,08298.092.73$6,588
Dec 2011401,06296.873.24$7,315
Nov 2011241,14095.723.31$6,072
Oct 2011421,17584.983.65$7,856
Sep 20111493283.623.99$4,885
Aug 20114094683.404.15$7,261
Jul 20111384894.144.52$5,054
Jun 20111488792.904.64$5,416
May 2011589898.134.40$4,446
Apr 201111612105.964.33$3,818
Mar 20111591496.364.06$5,154
Feb 20111980885.644.18$5,005
Jan 2011161,08886.504.59$6,377
Dec 2010221,05285.734.35$6,460
Nov 20102697780.843.80$5,810
Oct 2010241,04478.103.51$5,538
Sep 2010211,04072.633.98$5,664
Aug 2010241,04973.684.42$6,404
Jul 2010201,02872.554.74$6,320
Jun 2010151,02270.364.91$6,074
May 201091,07971.124.24$5,210
Apr 201091,03681.694.12$5,006
Mar 20101867878.394.39$4,387
Feb 20101056173.585.44$3,789
Jan 20102063874.365.96$5,292
Dec 20091955971.445.48$4,423
Nov 20092366874.593.75$4,222
Oct 20091383372.544.11$4,367
Sep 2009141,00665.543.06$4,001
Aug 2009121,08367.423.22$4,295
Jul 2009121,12561.133.46$4,631
Jun 2009161,10166.163.90$5,347
May 2009161,17854.743.93$5,500
Apr 2009161,04646.773.59$4,501
Mar 2009181,15942.144.06$5,463
Feb 2009121,06332.814.63$5,319
Jan 2009111,20735.865.37$6,877
Dec 2008151,21237.105.98$7,801
Nov 2008131,14555.496.86$8,576
Oct 2008161,22175.246.92$9,656
Sep 2008111,012101.767.88$9,091
Aug 2008131,170114.228.48$11,410
Jul 2008141,188131.0811.39$15,366
Jun 2008141,213131.3313.03$17,647
May 2008191,319123.1711.57$17,607
Apr 2008151,325110.3110.45$15,507
Mar 2008201,293101.909.66$14,534
Feb 2008261,13992.538.77$12,395
Jan 2008131,42290.388.21$12,843
Dec 2007271,33988.337.30$12,162
Nov 2007421,35191.677.29$13,701
Oct 2007481,48382.856.92$14,242
Sep 200701,36075.846.24$8,492
Aug 2007241,14569.066.39$8,972
Jul 2007541,35870.906.39$12,503
Jun 200701,56362.007.55$11,798
May 2007371,50458.747.85$13,974
Apr 2007191,51959.617.81$12,989
Mar 2007351,57956.927.30$13,522
Feb 2007171,50755.108.22$13,318
Jan 20073073050.306.73$6,420
Dec 2006361,35156.656.92$11,386
Nov 2006391,58554.207.62$14,188
Oct 2006421,71554.906.01$12,619
Sep 2006211,56660.085.04$9,150
Aug 2006371,51168.717.34$13,633
Jul 2006221,68669.376.34$12,220
Jun 2006421,63966.286.38$13,247
May 2006391,71866.016.42$13,613
Apr 2006392,00964.397.36$17,298
Mar 2006351,99656.707.08$16,122
Feb 2006451,44957.597.75$13,823
Jan 2006241,73760.598.93$16,971
Dec 2005321,54954.9413.42$22,539
Nov 2005331,68054.6910.59$19,593
Oct 2005373958.3413.80$2,697
Sep 2005131,53161.4512.08$19,292
Aug 2005381,84861.519.80$20,442
Jul 2005251,85155.697.84$15,911
Jun 2005241,89052.337.38$15,206
May 2005311,83145.226.65$13,580
Apr 2005282,07849.207.36$16,673
Mar 2005431,91350.377.15$15,853
Feb 2005241,51045.226.31$10,616
Jan 2005461,47343.166.32$11,298
Dec 2004291,52939.866.75$11,478
Nov 2004431,57545.286.33$11,917
Oct 2004301,49949.706.52$11,257
Sep 2004431,55043.245.28$10,049
Aug 2004311,55342.375.55$9,934
Jul 2004462,17438.286.08$14,988
Jun 2004381,54136.106.43$11,285
May 2004722,13037.486.49$16,532
Apr 2004572,60534.475.86$17,226
Mar 2004722,11034.365.53$14,143
Feb 2004771,46732.455.51$10,581
Jan 2004513,48732.036.30$23,600
Dec 200329030.266.30$878
Nov 2003402,24928.804.60$11,487
Oct 2003122,89028.174.76$14,093

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 2015 — as filed, then multipliedworked
Condensate             1 bbl  × $ 40.16 =        $40
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                      $40

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/198850 is the state's own key, not one this site invented.