SEILER

Operated by STRAND ENERGY, L.C. (P-5 824758) in the ARNECKEVILLE (YEGUA 5260) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 243785District 02Field 03690808CondensateGasSaveExport
Value, all time
$730 k
Dec 2008 – Sep 2012
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
46
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1978-01-31
as the register files it
Field class
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 Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 03/01/2010.

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
CondensateDisposition508 bbl$31,314
GasProduction165,492 Mcf$698,950
Total$730,264

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 28.9420, -97.2978. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.94200, -97.29785 · 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
5,500 ft
1 wells filed one
Completion to plug
17 months
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 5,500 ft.

Completions filed
Apr 2011
1 of 1 wells
Plug dates filed
Sep 2012
1 of 1 wells

Last completion to plug: a median of 17 months across the 1 well that filed both dates, with the middle half between 17 months and 17 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1233222725,500 ftApr 2011Sep 2012Yes

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 (46)

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

46 months

Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 2012440105.052.22$4,622
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20110607105.964.33$2,630
Mar 201101,46896.364.06$5,956
Feb 201101,44885.644.18$6,053
Jan 201101,77786.504.59$8,154
Dec 201001,90585.734.35$8,282
Nov 201002,15580.843.80$8,179
Oct 201002,39278.103.51$8,393
Sep 20101272,56272.633.98$19,419
Aug 201002,72273.684.42$12,030
Jul 201003,19172.554.74$15,114
Jun 201003,32370.364.91$16,317
May 201003,74071.124.24$15,840
Apr 201004,21281.694.12$17,365
Mar 201004,92678.394.39$21,619
Feb 201004,53273.585.44$24,665
Jan 201004,15274.365.96$24,763
Dec 200904,98171.445.48$27,315
Nov 200906,38974.593.75$23,968
Oct 200908,33872.544.11$34,271
Sep 200909,80265.543.06$30,041
Aug 200907,21667.423.22$23,225
Jul 20091728,47761.133.46$39,883
Jun 200909,54766.163.90$37,186
May 2009011,29254.743.93$44,330
Apr 2009012,35546.773.59$44,324
Mar 200916513,73342.144.06$62,695
Feb 2009013,80832.814.63$63,972
Jan 2009011,00135.865.37$59,086
Dec 200803,44137.105.98$20,567

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.

Mar 2012 — as filed, then multipliedworked
Condensate            44 bbl  × $105.05 =     $4,622
Gas                    0 Mcf  × $  2.22 =         $0

────────────────────────────────────────────────────
Month total                                   $4,622

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/243785 is the state's own key, not one this site invented.