NELSON

Operated by INLAND OCEAN, INC. (P-5 424607) in the CLAYTON (WILCOX 6875) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 241153District 02Field 18765780CondensateGasSaveExport
Value, all time
$401 k
Jul 2008 – May 2023
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
179
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 6 leases and 7 wells, and the rule below applies to all of them.

Discovered
1975-10-18
as the register files it
Field class
Oil and 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 05/01/2007.

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
CondensateDisposition810 bbl$69,994
GasProduction71,480 Mcf$331,454
Total$401,448

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 28.3547, -98.1819. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35473, -98.18187 · 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
8,671 ft
1 wells filed one
Completion to plug
5.8 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 8,671 ft.

Completions filed
Jul 2008
1 of 1 wells
Plug dates filed
May 2014
1 of 1 wells

Last completion to plug: a median of 5.8 years across the 1 well that filed both dates, with the middle half between 5.8 years and 5.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2973477028,671 ftJul 2008May 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 (179)

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

179 months

May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 202219085.005.65$1,615
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
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 20130897.423.78$30
Sep 20131460104.113.72$15,200
Aug 20130444104.253.52$1,564
Jul 20130512102.523.72$1,903
Jun 2013087894.403.93$3,454
May 2013058194.834.15$2,411
Apr 2013090993.964.28$3,893
Mar 2013059893.623.91$2,340
Feb 2013031791.233.42$1,084
Jan 2013058791.603.42$2,007
Dec 2012064486.773.42$2,203
Nov 2012064886.953.62$2,349
Oct 2012084889.383.40$2,883
Sep 2012052994.672.92$1,544
Aug 2012055292.662.91$1,605
Jul 2012076285.133.02$2,302
Jun 201201,03979.822.52$2,617
May 201201,03991.612.49$2,585
Apr 20121571,376101.652.00$18,707
Mar 201201,098105.052.22$2,440
Feb 201201,128101.102.57$2,899
Jan 201201,21298.092.73$3,314
Dec 201101,02796.873.24$3,327
Nov 2011096895.723.31$3,205
Oct 201101,43384.983.65$5,228
Sep 2011083483.623.99$3,324
Aug 2011077883.404.15$3,228
Jul 2011089494.144.52$4,038
Jun 201101,10392.904.64$5,118
May 2011063098.134.40$2,775
Apr 20110745105.964.33$3,228
Mar 201101,39096.364.06$5,640
Feb 201115491185.644.18$16,997
Jan 2011025086.504.59$1,147
Dec 2010096185.734.35$4,178
Nov 201001,11780.843.80$4,239
Oct 201001,02378.103.51$3,590
Sep 2010018072.633.98$716
Aug 2010035173.684.42$1,551
Jul 2010050172.554.74$2,373
Jun 2010051470.364.91$2,524
May 2010096671.124.24$4,091
Apr 201001,97881.694.12$8,155
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010050774.365.96$3,024
Dec 200901,05271.445.48$5,769
Nov 200901,01074.593.75$3,789
Oct 200902,16272.544.11$8,886
Sep 200902,03265.543.06$6,228
Aug 200902,03467.423.22$6,546
Jul 200902,07561.133.46$7,189
Jun 200902,08666.163.90$8,125
May 200901,72954.743.93$6,788
Apr 200901,75446.773.59$6,292
Mar 20091672,94442.144.06$18,987
Feb 200901,77532.814.63$8,224
Jan 200901,58735.865.37$8,524
Dec 200801,45637.105.98$8,703
Nov 200802,22455.496.86$15,257
Oct 200802,01375.246.92$13,934
Sep 20081672,333101.767.88$35,371
Aug 200804,543114.228.48$38,538
Jul 200801,901131.0811.39$21,651

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.

Nov 2022 — as filed, then multipliedworked
Condensate            19 bbl  × $ 85.00 =     $1,615
Gas                    0 Mcf  × $  5.65 =         $0

────────────────────────────────────────────────────
Month total                                   $1,615

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/241153 is the state's own key, not one this site invented.