BORCHERS

Operated by UNION GAS OPERATING COMPANY (P-5 876500) in the BENBOW (LOWER WILCOX A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 255734District 02Field 07088150CondensateGasSave
Value, all time
$4.3 M
Nov 2009 – Oct 2013
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
48
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition9,599 bbl$781,259
GasProduction793,352 Mcf$3,512,128
Total$4,293,386

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 29.0879, -96.9261. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.08793, -96.92614 · 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
11,400 ft
1 wells filed one
Completion to plug
3.3 years
median over 1 wells

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 11,400 ft.

Completions filed
Nov 2009
1 of 1 wells
Plug dates filed
Mar 2013
1 of 1 wells

Last completion to plug: a median of 3.3 years across the 1 well that filed both dates, with the middle half between 3.3 years and 3.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-28533552111,400 ftNov 2009Mar 2013Yes

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

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 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201301,05691.233.42$3,611
Jan 201301,08591.603.42$3,711
Dec 201201,08586.773.42$3,711
Nov 201201,10686.953.62$4,009
Oct 201201,08589.383.40$3,689
Sep 201203,22194.672.92$9,400
Aug 20121848,09492.662.91$40,588
Jul 201222,82085.133.02$8,689
Jun 201201,58079.822.52$3,980
May 20121909,43891.612.49$40,891
Apr 201218210,395101.652.00$39,257
Mar 201209,525105.052.22$21,165
Feb 201218510,200101.102.57$44,920
Jan 2012011,71898.092.73$32,038
Dec 20111867,82996.873.24$43,382
Nov 201118510,89295.723.31$53,775
Oct 201118113,34884.983.65$64,082
Sep 201118213,69683.623.99$69,808
Aug 201118315,74283.404.15$80,581
Jul 201118216,85994.144.52$93,290
Jun 201118017,31592.904.64$97,062
May 201118018,92698.134.40$101,029
Apr 201136219,524105.964.33$122,960
Mar 201118320,03196.364.06$98,906
Feb 201119019,38685.644.18$97,305
Jan 201136022,86186.504.59$136,044
Dec 201017923,60385.734.35$117,966
Nov 201036024,27680.843.80$121,238
Oct 201018326,72778.103.51$108,074
Sep 201036528,70072.633.98$140,721
Aug 201017825,37073.684.42$125,234
Jul 201035634,09872.554.74$187,333
Jun 201035835,88570.364.91$201,399
May 201036039,72871.124.24$193,860
Apr 201053543,56481.694.12$223,305
Mar 201072251,89078.394.39$284,326
Feb 201053646,79973.585.44$294,136
Jan 20101,08570,95374.365.96$503,851
Dec 20091,08570,95371.445.48$466,601
Nov 200901,98974.593.75$7,462

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.

Feb 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.23 =         $0
Gas                1,056 Mcf  × $  3.42 =     $3,611

────────────────────────────────────────────────────
Month total                                   $3,611

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/255734 is the state's own key, not one this site invented.