ZALMAN

Operated by ARGENT ENERGY (US) HOLDINGS INC. (P-5 29710) in the SPEAKS, SW (MIDDLE WILCOX-CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 259997District 02Field 84984290CondensateGasSaveExport
Value, all time
$686 k
Oct 2010 – May 2016
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
68
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 17 leases and 17 wells, and the rule below applies to all of them.

Discovered
2002-12-14
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 field rule took effect on 2003-03-25.

The Commission's schedule remark for this field reads: ADOPTED 2 PART ALLOCATION AND SUSPENDED THE ALLOCATION.

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 bbl$94
GasProduction180,740 Mcf$685,695
Total$685,789

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 29.2673, -96.7262. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.26731, -96.72622 · 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
14,100 ft
1 wells filed one
Completion to plug
4.8 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 14,100 ft.

Completions filed
Nov 2010
1 of 1 wells
Plug dates filed
Sep 2015
1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-28533576114,100 ftNov 2010Sep 2015Yes

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 (68)

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

68 months

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 2015037948.152.95$1,116
Jun 201501,68156.152.88$4,846
May 201501,14455.212.96$3,381
Apr 201503349.822.71$89
Mar 2015072442.892.93$2,125
Feb 201501444.662.98$42
Jan 201506143.433.10$189
Dec 20140854.693.59$29
Nov 201406470.464.25$272
Oct 201405178.303.90$199
Sep 2014010686.164.05$429
Aug 2014010389.394.04$416
Jul 2014014796.564.18$614
Jun 201407998.164.74$374
May 2014017994.734.73$846
Apr 201401,22595.944.81$5,891
Mar 201401,44695.895.06$7,312
Feb 2014016697.406.19$1,028
Jan 201401,33690.404.86$6,494
Dec 2013071291.824.35$3,100
Nov 201301,36888.853.74$5,114
Oct 201301,49597.423.78$5,650
Sep 201301,557104.113.72$5,789
Aug 201301,313104.253.52$4,625
Jul 20130244102.523.72$907
Jun 2013071094.403.93$2,793
May 201301,64094.834.15$6,804
Apr 2013176193.964.28$3,353
Mar 2013038793.623.91$1,514
Feb 2013091191.233.42$3,116
Jan 201302,15991.603.42$7,384
Dec 201202,67186.773.42$9,135
Nov 201202,84986.953.62$10,328
Oct 201202,51189.383.40$8,537
Sep 201202,23694.672.92$6,526
Aug 201203,00392.662.91$8,733
Jul 201202,30185.133.02$6,951
Jun 201203,38979.822.52$8,537
May 201203,48191.612.49$8,662
Apr 201202,803101.652.00$5,597
Mar 201203,218105.052.22$7,151
Feb 201203,529101.102.57$9,070
Jan 201203,33898.092.73$9,126
Dec 201102,68996.873.24$8,712
Nov 201105,62395.723.31$18,619
Oct 201105,72884.983.65$20,899
Sep 201101,86683.623.99$7,438
Aug 2011088283.404.15$3,660
Jul 201104,86994.144.52$21,994
Jun 201107,69992.904.64$35,722
May 201108,64698.134.40$38,084
Apr 201104,688105.964.33$20,314
Mar 201103,49096.364.06$14,160
Feb 201105,59785.644.18$23,395
Jan 201108,06586.504.59$37,009
Dec 2010021,41785.734.35$93,116
Nov 2010039,37680.843.80$149,445
Oct 201002,57378.103.51$9,028

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.

Jul 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 48.15 =         $0
Gas                  379 Mcf  × $  2.95 =     $1,116

────────────────────────────────────────────────────
Month total                                   $1,116

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/259997 is the state's own key, not one this site invented.