MERTZ GAS UNIT NO 2

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

Gas lease lease 244343District 02Field 98768100Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Nov 2008 – Jul 2017
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
105
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 111 leases and 111 wells, and the rule below applies to all of them.

Discovered
1977-03-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
330 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 2006-11-14.

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: RATION PURPOSES AND DESIGNATED AS THE WORD, N.(EDWARDS) FIELD.

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 Gas112009-04-27188432
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
CondensateDisposition1,177 bbl$76,708
GasProduction464,749 Mcf$2,062,185
Total$2,138,893

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 29.5037, -96.8740. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.50369, -96.87401 · 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
13,708 ft
1 wells filed one
Completion to plug
8.4 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 13,708 ft.

Completions filed
Nov 2008
1 of 1 wells
Plug dates filed
Apr 2017
1 of 1 wells

Last completion to plug: a median of 8.4 years across the 1 well that filed both dates, with the middle half between 8.4 years and 8.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-28533490713,708 ftNov 2008Apr 2017Yes

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 (105)

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

105 months

Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 201756045.373.26$2,541
Apr 20170047.933.21$0
Mar 2017053646.772.98$1,599
Feb 201701,37450.452.95$4,057
Jan 201701,59649.413.42$5,456
Dec 2016601,49648.763.72$8,495
Nov 201601,67842.492.64$4,437
Oct 201601,59146.193.09$4,917
Sep 201602,11241.553.10$6,549
Aug 201601,79841.442.92$5,258
Jul 201601,81541.622.92$5,308
Jun 201601,69845.352.69$4,561
May 2016651,90942.521.99$6,565
Apr 201602,29936.561.99$4,577
Mar 201601,12133.011.79$2,011
Feb 201601,80626.472.06$3,727
Jan 201602,20527.352.36$5,213
Dec 201502,07432.362.00$4,151
Nov 201501,87338.792.17$4,059
Oct 201502,38443.552.43$5,785
Sep 201501,57842.992.76$4,353
Aug 201503,47040.162.87$9,968
Jul 201562,13048.152.95$6,562
Jun 201502,68856.152.88$7,749
May 201502,74055.212.96$8,098
Apr 2015088749.822.71$2,401
Mar 201502,14942.892.93$6,307
Feb 201501,66144.662.98$4,943
Jan 2015068343.433.10$2,118
Dec 201401,21754.693.59$4,371
Nov 201401,87470.464.25$7,968
Oct 201402,01778.303.90$7,868
Sep 201402,54086.164.05$10,275
Aug 201401,69689.394.04$6,844
Jul 201401,90996.564.18$7,979
Jun 201402,45998.164.74$11,648
May 201402,27494.734.73$10,748
Apr 201442,60195.944.81$12,892
Mar 201402,30995.895.06$11,676
Feb 201403,64797.406.19$22,582
Jan 201401,38590.404.86$6,732
Dec 201301,65491.824.35$7,202
Nov 2013382,56788.853.74$12,972
Oct 20130797.423.78$26
Sep 201301,956104.113.72$7,272
Aug 201302,403104.253.52$8,465
Jul 201302,770102.523.72$10,298
Jun 2013292,54294.403.93$12,736
May 201302,57094.834.15$10,663
Apr 201302,37093.964.28$10,150
Mar 201302,79593.623.91$10,936
Feb 2013252,51691.233.42$10,885
Jan 201303,02891.603.42$10,355
Dec 201202,87686.773.42$9,836
Nov 2012292,58286.953.62$11,881
Oct 201202,68989.383.40$9,142
Sep 2012422,54994.672.92$11,415
Aug 201203,27192.662.91$9,513
Jul 201202,62685.133.02$7,933
Jun 2012132,82979.822.52$8,164
May 201203,42191.612.49$8,513
Apr 201202,608101.652.00$5,208
Mar 2012153,253105.052.22$8,804
Feb 2012273,027101.102.57$10,510
Jan 201203,47798.092.73$9,506
Dec 201104,93196.873.24$15,975
Nov 2011075795.723.31$2,507
Oct 2011314,09284.983.65$17,564
Sep 201103,38483.623.99$13,488
Aug 201105,40583.404.15$22,427
Jul 2011782,20294.144.52$17,290
Jun 201103,73592.904.64$17,330
May 2011213,83398.134.40$18,944
Apr 201104,207105.964.33$18,230
Mar 201104,49096.364.06$18,217
Feb 2011633,99185.644.18$22,078
Jan 2011324,71986.504.59$24,422
Dec 201005,87785.734.35$25,552
Nov 201005,41980.843.80$20,567
Oct 201066,30978.103.51$22,606
Sep 201006,87672.633.98$27,363
Aug 201007,50373.684.42$33,158
Jul 201003,93072.554.74$18,614
Jun 201005,41070.364.91$26,565
May 201006,79871.124.24$28,791
Apr 201007,94681.694.12$32,759
Mar 201002,50278.394.39$10,980
Feb 201003,65973.585.44$19,914
Jan 2010205,45574.365.96$34,021
Dec 200905,72771.445.48$31,405
Nov 2009256,54574.593.75$26,418
Oct 2009415,80572.544.11$26,834
Sep 200905,99765.543.06$18,379
Aug 2009516,19767.423.22$23,383
Jul 200907,27161.133.46$25,190
Jun 2009548,34566.163.90$36,076
May 2009359,46054.743.93$39,054
Apr 20093210,37046.773.59$38,699
Mar 20096213,07542.144.06$55,684
Feb 20099116,21432.814.63$78,105
Jan 20099927,01235.865.37$148,632
Dec 20082738,18237.105.98$229,221
Nov 2008053,45455.496.86$366,714

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.

May 2017 — as filed, then multipliedworked
Condensate            56 bbl  × $ 45.37 =     $2,541
Gas                    0 Mcf  × $  3.26 =         $0

────────────────────────────────────────────────────
Month total                                   $2,541

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/244343 is the state's own key, not one this site invented.