PRASEK 139

Operated by TIDEWATER MINERALS CORPORATION (P-5 859552) in the DOLAN (HOSTETTER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198955District 02Field 251774002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.2 M
Jun 2003 – Mar 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
190
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1981-05-17
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: FIELD MADE 100% AOF PER AOF 1 & 2 FORMS 5/6/02

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 Gas112007-03-26173828
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
CondensateDisposition685 bbl$34,993
GasProduction482,172 Mcf$3,209,733
Total$3,244,726

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 28.2084, -98.2387. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.20840, -98.23868 · 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
15.8 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
Jun 2003
1 of 1 wells
Plug dates filed
Mar 2019
1 of 1 wells

Last completion to plug: a median of 15.8 years across the 1 well that filed both dates, with the middle half between 15.8 years and 15.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-29734509211,000 ftJun 2003Mar 2019Yes

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 (190)

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

190 months

Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
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 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201302791.233.42$92
Jan 201304691.603.42$157
Dec 2012257686.773.42$2,429
Nov 201207786.953.62$279
Oct 201205589.383.40$187
Sep 201209694.672.92$280
Aug 201209992.662.91$288
Jul 2012010285.133.02$308
Jun 2012013279.822.52$333
May 2012023391.612.49$580
Apr 20120162101.652.00$323
Mar 20120329105.052.22$731
Feb 20120355101.102.57$912
Jan 2012015698.092.73$427
Dec 201101,01796.873.24$3,295
Nov 201102,50495.723.31$8,291
Oct 2011086784.983.65$3,163
Sep 2011044383.623.99$1,766
Aug 2011031383.404.15$1,299
Jul 2011034594.144.52$1,558
Jun 2011044092.904.64$2,042
May 2011065998.134.40$2,903
Apr 201101,681105.964.33$7,284
Mar 201101,01896.364.06$4,130
Feb 2011086085.644.18$3,595
Jan 2011079086.504.59$3,625
Dec 2010070085.734.35$3,043
Nov 201001,86180.843.80$7,063
Oct 2010074178.103.51$2,600
Sep 201001,04472.633.98$4,155
Aug 201001,34473.684.42$5,940
Jul 2010064372.554.74$3,046
Jun 201001,04270.364.91$5,117
May 201001,59371.124.24$6,747
Apr 2010731,32981.694.12$11,442
Mar 2010058478.394.39$2,563
Feb 201001,43773.585.44$7,821
Jan 201001,52974.365.96$9,119
Dec 200901,51271.445.48$8,291
Nov 200901,53474.593.75$5,755
Oct 200901,54772.544.11$6,359
Sep 200901,56365.543.06$4,790
Aug 200901,12367.423.22$3,614
Jul 200901,27561.133.46$4,417
Jun 200901,93066.163.90$7,517
May 200902,35154.743.93$9,229
Apr 200902,30146.773.59$8,255
Mar 200902,48342.144.06$10,079
Feb 200902,68032.814.63$12,416
Jan 200902,50035.865.37$13,428
Dec 200802,94937.105.98$17,627
Nov 200802,88755.496.86$19,806
Oct 200803,22275.246.92$22,303
Sep 200802,692101.767.88$21,205
Aug 200803,006114.228.48$25,500
Jul 200802,994131.0811.39$34,100
Jun 200802,391131.3313.03$31,161
May 200802,712123.1711.57$31,389
Apr 200802,634110.3110.45$27,538
Mar 200802,934101.909.66$28,354
Feb 200803,25692.538.77$28,557
Jan 200803,15790.388.21$25,905
Dec 200703,63888.337.30$26,565
Nov 200703,82491.677.29$27,883
Oct 200704,64782.856.92$32,166
Sep 200704,53475.846.24$28,311
Aug 200705,23569.066.39$33,441
Jul 200705,68570.906.39$36,315
Jun 2007704,00162.007.55$34,541
May 200703,89058.747.85$30,522
Apr 200703,93759.617.81$30,729
Mar 200704,80356.927.30$35,071
Feb 200703,50355.108.22$28,781
Jan 200702,94750.306.73$19,824
Dec 200603,91356.656.92$27,072
Nov 200604,32954.207.62$32,976
Oct 200605,20554.906.01$31,302
Sep 2006064060.085.04$3,224
Aug 200601,03068.717.34$7,560
Jul 200601,36969.376.34$8,683
Jun 200601,25066.286.38$7,980
May 200602,95866.016.42$19,005
Apr 200603,34664.397.36$24,628
Mar 200604,09156.707.08$28,976
Feb 200604,12357.597.75$31,958
Jan 200604,76260.598.93$42,540
Dec 200505,03654.9413.42$67,560
Nov 200505,72454.6910.59$60,608
Oct 20051566,63058.3413.80$100,567
Sep 200506,02861.4512.08$72,812
Aug 200506,11361.519.80$59,888
Jul 200505,48255.697.84$42,999
Jun 200507,00852.337.38$51,726
May 200509,18445.226.65$61,084
Apr 200509,81049.207.36$72,206
Mar 2005011,67850.377.15$83,555
Feb 2005012,23545.226.31$77,226
Jan 2005014,44443.166.32$91,318
Dec 200418117,59539.866.75$126,000
Nov 2004023,96745.286.33$151,721
Oct 2004024,09149.706.52$156,955
Sep 200402,11643.245.28$11,181
Aug 200404,71442.375.55$26,166
Jul 200408,30238.286.08$50,511
Jun 2004010,02136.106.43$64,465
May 200407,46537.486.49$48,482
Apr 20041805,45534.475.86$38,163
Mar 200408,95834.365.53$49,539
Feb 200409,12532.455.51$50,275
Jan 200409,65132.036.30$60,798
Dec 2003010,21030.266.30$64,340
Nov 2003010,45728.804.60$48,052
Oct 2003010,65428.174.76$50,709
Sep 2003010,52626.314.75$49,992
Aug 2003013,04429.765.13$66,912
Jul 2003017,01029.415.17$87,956
Jun 200307,41728.565.98$44,376

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.

Feb 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.23 =         $0
Gas                   27 Mcf  × $  3.42 =        $92

────────────────────────────────────────────────────
Month total                                      $92

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/198955 is the state's own key, not one this site invented.