MUENICH

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the SAWFISH (EDWARDS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 232895District 02Field 812655002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.3 M
Dec 2006 – Apr 2016
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
113
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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered
2006-11-13
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 09/01/2007.

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 Gas112008-02-27180104
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
CondensateDisposition2,019 bbl$158,042
GasProduction1,258,086 Mcf$8,171,157
Total$8,329,200

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 29.2003, -97.2086. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.20032, -97.20864 · 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
15,050 ft
1 wells filed one
Completion to plug
8.7 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 15,050 ft.

Completions filed
Dec 2006
1 of 1 wells
Plug dates filed
Aug 2015
1 of 1 wells

Last completion to plug: a median of 8.7 years across the 1 well that filed both dates, with the middle half between 8.7 years and 8.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-12332091115,050 ftDec 2006Aug 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 (113)

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

113 months

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 20158042.992.76$344
Aug 20150240.162.87$6
Jul 2015056048.152.95$1,649
Jun 2015043256.152.88$1,245
May 2015051455.212.96$1,519
Apr 20154667149.822.71$4,108
Mar 201501,00742.892.93$2,955
Feb 2015092744.662.98$2,759
Jan 2015381,30343.433.10$5,690
Dec 201401,46154.693.59$5,247
Nov 201401,93470.464.25$8,223
Oct 201462,50678.303.90$10,246
Sep 201411,90386.164.05$7,785
Aug 201402,09489.394.04$8,450
Jul 201402,07396.564.18$8,664
Jun 201401,80498.164.74$8,545
May 201401,44994.734.73$6,849
Apr 201402,42595.944.81$11,662
Mar 201402,59895.895.06$13,138
Feb 201493,01497.406.19$19,539
Jan 201402,47590.404.86$12,030
Dec 20131323,56691.824.35$27,648
Nov 201303,16088.853.74$11,813
Oct 201302,31297.423.78$8,738
Sep 20131764,118104.113.72$33,633
Aug 201303,076104.253.52$10,836
Jul 201302,663102.523.72$9,900
Jun 2013373,70294.403.93$18,054
May 201303,23994.834.15$13,439
Apr 201303,68493.964.28$15,777
Mar 201304,15493.623.91$16,254
Feb 201303,53691.233.42$12,093
Jan 2013804,54691.603.42$22,875
Dec 201205,48886.773.42$18,770
Nov 201207,48986.953.62$27,147
Oct 201206,40589.383.40$21,775
Sep 201205,05794.672.92$14,758
Aug 201205,49192.662.91$15,969
Jul 201203,21085.133.02$9,697
Jun 2012133,54179.822.52$9,958
May 201205,46591.612.49$13,599
Apr 201204,227101.652.00$8,440
Mar 201205,281105.052.22$11,735
Feb 201204,561101.102.57$11,723
Jan 201203,69398.092.73$10,097
Dec 201103,89696.873.24$12,622
Nov 201103,23495.723.31$10,709
Oct 201103,52184.983.65$12,847
Sep 201104,45283.623.99$17,745
Aug 201106,38183.404.15$26,477
Jul 201103,73294.144.52$16,858
Jun 201103,51492.904.64$16,305
May 201104,34298.134.40$19,126
Apr 201104,460105.964.33$19,326
Mar 201104,43196.364.06$17,978
Feb 2011166,68385.644.18$29,305
Jan 201106,12986.504.59$28,125
Dec 201006,96385.734.35$30,273
Nov 201006,48780.843.80$24,620
Oct 201007,19278.103.51$25,236
Sep 201007,48272.633.98$29,774
Aug 201007,91773.684.42$34,988
Jul 201007,48972.554.74$35,472
Jun 201007,32870.364.91$35,983
May 201007,36171.124.24$31,175
Apr 201007,01981.694.12$28,937
Mar 201007,53378.394.39$33,060
Feb 201007,10473.585.44$38,663
Jan 201017,67574.365.96$45,849
Dec 200977,83371.445.48$43,454
Nov 2009109,12574.593.75$34,978
Oct 200909,80872.544.11$40,313
Sep 2009110,38165.543.06$31,881
Aug 2009011,98167.423.22$38,561
Jul 2009011,55061.133.46$40,015
Jun 2009010,75066.163.90$41,871
May 2009511,32254.743.93$44,721
Apr 2009012,21446.773.59$43,818
Mar 2009011,44042.144.06$46,435
Feb 2009011,40232.814.63$52,825
Jan 2009414,26035.865.37$76,734
Dec 2008012,52837.105.98$74,882
Nov 2008314,83355.496.86$101,926
Oct 2008011,91475.246.92$82,468
Sep 2008014,764101.767.88$116,297
Aug 2008015,224114.228.48$129,146
Jul 2008016,241131.0811.39$184,976
Jun 2008512,197131.3313.03$159,616
May 2008919,482123.1711.57$226,599
Apr 20082621,846110.3110.45$231,265
Mar 200814420,361101.909.66$211,444
Feb 2008020,39992.538.77$178,911
Jan 200811924,88690.388.21$214,963
Dec 2007025,39188.337.30$185,404
Nov 200727826,09291.677.29$215,739
Oct 2007030,34182.856.92$210,020
Sep 2007035,66475.846.24$222,692
Aug 200713535,99369.066.39$239,244
Jul 200717842,84770.906.39$286,324
Jun 2007045,32462.007.55$342,126
May 2007052,25058.747.85$409,968
Apr 200716860,39359.617.81$481,394
Mar 2007079,86156.927.30$583,143
Feb 200718175,88455.108.22$633,436
Jan 200718385,96550.306.73$587,479
Dec 2006050,19956.656.92$347,299

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.

Sep 2015 — as filed, then multipliedworked
Condensate             8 bbl  × $ 42.99 =       $344
Gas                    0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                     $344

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/232895 is the state's own key, not one this site invented.