EARNEST GAS UNIT

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the KAWITT (EDWARDS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 240644District 02Field 48324333Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
May 2007 – Feb 2014
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
82
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 26 leases and 26 wells, and the rule below applies to all of them.

Discovered
1960-07-14
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-01-28.

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: FOR PURPOSES OF SWR-37, THERE SHALL BE NO REQUIREMENT FOR BETWEEN

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 Gas112008-11-14186773
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
CondensateDisposition765 bbl$63,206
GasProduction350,667 Mcf$2,353,531
Total$2,416,738

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 28.8936, -97.6686. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.89357, -97.66863 · 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
14,050 ft
1 wells filed one
Completion to plug
6.8 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 14,050 ft.

Completions filed
May 2007
1 of 1 wells
Plug dates filed
Feb 2014
1 of 1 wells

Last completion to plug: a median of 6.8 years across the 1 well that filed both dates, with the middle half between 6.8 years and 6.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-25531553114,050 ftMay 2007Feb 2014Yes

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 (82)

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

82 months

Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 201345091.824.35$4,132
Nov 20130688.853.74$22
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 20130393.964.28$13
Mar 20130293.623.91$8
Feb 20130491.233.42$14
Jan 20130891.603.42$27
Dec 20120986.773.42$31
Nov 20120786.953.62$25
Oct 201203089.383.40$102
Sep 201205594.672.92$161
Aug 201201492.662.91$41
Jul 2012014085.133.02$423
Jun 2012039579.822.52$995
May 201201,90391.612.49$4,735
Apr 201202,379101.652.00$4,750
Mar 20120182105.052.22$404
Feb 2012092101.102.57$236
Jan 2012011998.092.73$325
Dec 2011086196.873.24$2,789
Nov 201101,07095.723.31$3,543
Oct 201102,15384.983.65$7,855
Sep 201102,26883.623.99$9,040
Aug 20111792,17783.404.15$23,962
Jul 201102,38294.144.52$10,760
Jun 201102,26992.904.64$10,528
May 201102,58798.134.40$11,395
Apr 201102,350105.964.33$10,183
Mar 201103,20996.364.06$13,020
Feb 2011030785.644.18$1,283
Jan 201102,69186.504.59$12,348
Dec 201002,96585.734.35$12,891
Nov 201002,93080.843.80$11,120
Oct 201002,98478.103.51$10,471
Sep 201002,87172.633.98$11,425
Aug 201002,98673.684.42$13,196
Jul 201003,30272.554.74$15,640
Jun 201003,32870.364.91$16,342
May 201003,46071.124.24$14,654
Apr 201004,18281.694.12$17,241
Mar 2010077378.394.39$3,392
Feb 201003,12173.585.44$16,986
Jan 201003,87474.365.96$23,105
Dec 200903,41171.445.48$18,705
Nov 200903,68474.593.75$13,821
Oct 200904,04972.544.11$16,642
Sep 200904,05165.543.06$12,415
Aug 200904,15867.423.22$13,383
Jul 200904,40661.133.46$15,265
Jun 200904,72366.163.90$18,396
May 200905,26054.743.93$20,649
Apr 200905,01246.773.59$17,981
Mar 200905,50542.144.06$22,345
Feb 200905,23832.814.63$24,268
Jan 200906,39335.865.37$34,337
Dec 200806,63137.105.98$39,634
Nov 20081576,64855.496.86$54,320
Oct 200807,11475.246.92$49,243
Sep 200807,935101.767.88$62,505
Aug 200808,711114.228.48$73,896
Jul 200809,134131.0811.39$104,031
Jun 200809,565131.3313.03$124,657
May 200809,513123.1711.57$110,106
Apr 200809,395110.3110.45$98,223
Mar 200819010,205101.909.66$117,983
Feb 2008010,47992.538.77$91,907
Jan 2008012,00490.388.21$98,502
Dec 2007012,73188.337.30$92,961
Nov 2007012,87091.677.29$93,844
Oct 200719413,19782.856.92$107,422
Sep 2007012,73275.846.24$79,501
Aug 2007016,27069.066.39$103,932
Jul 2007017,89470.906.39$114,306
Jun 2007016,91462.007.55$127,674
May 2007018,38758.747.85$144,270

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 2013 — as filed, then multipliedworked
Condensate            45 bbl  × $ 91.82 =     $4,132
Gas                    0 Mcf  × $  4.35 =         $0

────────────────────────────────────────────────────
Month total                                   $4,132

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/240644 is the state's own key, not one this site invented.