GARZA UNIT

Operated by MARQUEE CORPORATION (P-5 526675) in the INEZ (YEGUA 9060) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 269102District 02Field 44522450CondensateGasSaveExport
Value, all time
$1.5 M
Feb 2012 – Dec 2014
Value, last 12 filed months
$119 k
at the published price for each month
Months reported
35
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1992-11-02
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

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
CondensateDisposition3,260 bbl$295,949
GasProduction354,391 Mcf$1,207,104
Total$1,503,053

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 28.9060, -96.7841. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.90595, -96.78412 · 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
9,316 ft
1 wells filed one
Completion to plug
2.8 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 9,316 ft.

Completions filed
Feb 2012
1 of 1 wells
Plug dates filed
Dec 2014
1 of 1 wells

Last completion to plug: a median of 2.8 years across the 1 well that filed both dates, with the middle half between 2.8 years and 2.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4693423419,316 ftFeb 2012Dec 2014Yes

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 (35)

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

35 months

Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014175096.564.18$16,898
Jun 20140098.164.74$0
May 201402,71894.734.73$12,847
Apr 201404,08095.944.81$19,621
Mar 201404,94495.895.06$25,001
Feb 201403,89197.406.19$24,093
Jan 201404,26990.404.86$20,750
Dec 201305,38391.824.35$23,440
Nov 201304,41488.853.74$16,501
Oct 20131705,60197.423.78$37,730
Sep 201305,421104.113.72$20,154
Aug 201305,484104.253.52$19,318
Jul 201306,880102.523.72$25,578
Jun 201307,34394.403.93$28,883
May 201317810,53294.834.15$60,578
Apr 2013013,11493.964.28$56,162
Mar 201317316,49493.623.91$80,735
Feb 2013012,44291.233.42$42,551
Jan 2013010,16991.603.42$34,777
Dec 20121765,26386.773.42$33,272
Nov 201217527,25386.953.62$114,007
Oct 201250037,03689.383.40$170,601
Sep 201234743,70294.672.92$160,390
Aug 201267745,76992.662.91$195,834
Jul 201268945,45685.133.02$195,968
Jun 2012023,09279.822.52$58,170
May 201202,00091.612.49$4,977
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201201,641101.102.57$4,218

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 2014 — as filed, then multipliedworked
Condensate           175 bbl  × $ 96.56 =    $16,898
Gas                    0 Mcf  × $  4.18 =         $0

────────────────────────────────────────────────────
Month total                                  $16,898

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/269102 is the state's own key, not one this site invented.