NAGEL

Operated by STRAND ENERGY, L.C. (P-5 824758) in the ARNECKEVILLE (YEGUA 4870) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 249239District 02Field 03690754CondensateGasSaveExport
Value, all time
$621 k
Apr 2009 – Mar 2013
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
48
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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered
1965-03-26
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 10/01/2009.

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
CondensateDisposition578 bbl$47,811
GasProduction143,351 Mcf$572,703
Total$620,514

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 28.9233, -97.3048. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.92329, -97.30484 · 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
3.4 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 5,500 ft.

Completions filed
Apr 2009
1 of 1 wells
Plug dates filed
Sep 2012
1 of 1 wells

Last completion to plug: a median of 3.4 years across the 1 well that filed both dates, with the middle half between 3.4 years and 3.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1233222515,500 ftApr 2009Sep 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 (48)

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

48 months

Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 201289092.662.91$8,247
Jul 201201,00985.133.02$3,048
Jun 201201,12079.822.52$2,821
May 201201,75491.612.49$4,365
Apr 201201,347101.652.00$2,690
Mar 201201,579105.052.22$3,509
Feb 201201,620101.102.57$4,164
Jan 201201,97998.092.73$5,411
Dec 20111641,94196.873.24$22,175
Nov 201101,86495.723.31$6,172
Oct 201102,04584.983.65$7,461
Sep 201101,92483.623.99$7,669
Aug 201102,15283.404.15$8,929
Jul 201102,19994.144.52$9,933
Jun 201102,45092.904.64$11,368
May 201102,16998.134.40$9,554
Apr 201102,881105.964.33$12,484
Mar 201102,97696.364.06$12,075
Feb 201102,46185.644.18$10,287
Jan 201102,73586.504.59$12,550
Dec 201003,15885.734.35$13,730
Nov 201003,07880.843.80$11,682
Oct 201003,31178.103.51$11,618
Sep 201003,30172.633.98$13,136
Aug 201003,45073.684.42$15,247
Jul 201003,88072.554.74$18,378
Jun 201003,86670.364.91$18,984
May 201003,97871.124.24$16,848
Apr 201004,13181.694.12$17,031
Mar 20101614,33078.394.39$31,624
Feb 201003,98573.585.44$21,688
Jan 201004,73574.365.96$28,240
Dec 200905,01071.445.48$27,474
Nov 200906,67874.593.75$25,053
Oct 200906,55072.544.11$26,922
Sep 200907,37665.543.06$22,606
Aug 20091647,82667.423.22$36,245
Jul 200907,37461.133.46$25,547
Jun 200907,53566.163.90$29,349
May 200907,71754.743.93$30,295
Apr 200903,87746.773.59$13,909

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.

Aug 2012 — as filed, then multipliedworked
Condensate            89 bbl  × $ 92.66 =     $8,247
Gas                    0 Mcf  × $  2.91 =         $0

────────────────────────────────────────────────────
Month total                                   $8,247

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/249239 is the state's own key, not one this site invented.