CRAIN GAS UNIT NO. 2

Name: CRAIN GAS UNIT NO. 2 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WING CORPORATION (P-5 932062) in the MEYERSVILLE, UPPER (WILCOX 8000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 75280District 02Field 60941500NGPA filingCondensateGasSave Export

Value, all time

$1.0 M

Jan 1993 – Apr 2000

Value, last 12 filed months

$28 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The MEYERSVILLE, UPPER (WILCOX 8000) field

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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered

1977-06-19

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 160 acres.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED 6/1/94”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	18,020 bbl	$291,965
Gas	Production	912,356 Mcf	$755,118
Total			$1,047,084

587,660 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 28.9322, -97.3592. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.93216, -97.35918 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,412 ft

1 wells filed one

Completion to plug

20.3 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 9,412 ft.

Completions filed

Sep 1999

1 of 1 wells

Plug dates filed

Dec 2019

1 of 1 wells

Last completion to plug: a median of 20.3 years across the 1 well that filed both dates, with the middle half between 20.3 years and 20.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-12330786	2	9,412 ft	Sep 1999	Dec 2019	Yes

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 (88)

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

88 months


Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	26	0	23.19	2.43	$603
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	111	0	21.75	2.62	$2,414
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	18	3,534	15.94	2.36	$8,635
May 1999	158	5,819	15.79	2.32	$16,001
Apr 1999	144	6,532	15.10	2.21	$16,597
Mar 1999	146	8,592	12.47	1.84	$17,616
Feb 1999	249	8,124	9.98	1.82	$17,253
Jan 1999	146	9,311	10.38	1.90	$19,206
Dec 1998	342	10,224	9.20	1.77	$21,277
Nov 1998	280	10,173	10.89	2.19	$25,285
Oct 1998	170	11,616	12.42	1.97	$24,986
Sep 1998	126	10,712	12.59	2.08	$23,895
Aug 1998	303	10,541	11.30	1.91	$23,529
Jul 1998	144	10,899	11.74	2.24	$26,075
Jun 1998	272	10,271	11.24	2.24	$26,036
May 1998	243	11,817	12.62	2.21	$29,139
Apr 1998	249	10,687	13.04	2.51	$30,021
Mar 1998	348	11,911	12.80	2.31	$31,962
Feb 1998	357	10,776	13.95	2.30	$29,756
Jan 1998	124	11,495	14.70	2.15	$26,592
Dec 1997	85	11,055	16.32	2.41	$28,042
Nov 1997	129	9,150	18.19	3.09	$30,604
Oct 1997	163	13,363	19.25	3.15	$45,229
Sep 1997	95	13,172	17.74	2.95	$40,607
Aug 1997	109	13,651	17.86	2.55	$36,822
Jul 1997	247	12,569	17.58	2.25	$32,584
Jun 1997	163	11,610	17.24	2.26	$29,016
May 1997	247	12,915	18.97	2.31	$34,500
Apr 1997	198	13,573	17.88	2.08	$31,810
Mar 1997	262	14,434	18.95	1.94	$32,954
Feb 1997	236	12,208	20.49	2.21	$31,765
Jan 1997	190	13,962	23.48	3.54	$53,882
Dec 1996	278	14,162	23.32	—	$6,483
Nov 1996	219	14,118	21.97	—	$4,811
Oct 1996	230	15,128	23.31	—	$5,361
Sep 1996	239	14,202	22.22	—	$5,311
Aug 1996	214	14,817	20.26	—	$4,336
Jul 1996	219	14,249	19.55	—	$4,281
Jun 1996	166	10,667	18.73	—	$3,109
May 1996	124	10,078	19.43	—	$2,409
Apr 1996	140	11,983	21.51	—	$3,011
Mar 1996	206	12,989	19.38	—	$3,992
Feb 1996	195	12,461	16.98	—	$3,311
Jan 1996	250	14,244	17.07	—	$4,268
Dec 1995	204	13,929	17.19	—	$3,507
Nov 1995	319	14,332	16.00	—	$5,104
Oct 1995	200	14,884	15.43	—	$3,086
Sep 1995	267	13,808	16.18	—	$4,320
Aug 1995	259	14,678	15.92	—	$4,123
Jul 1995	282	14,366	15.24	—	$4,298
Jun 1995	178	14,526	16.41	—	$2,921
May 1995	353	12,998	17.56	—	$6,199
Apr 1995	254	13,981	17.73	—	$4,503
Mar 1995	252	14,815	16.44	—	$4,143
Feb 1995	478	13,098	16.58	—	$7,925
Jan 1995	296	14,588	15.92	—	$4,712
Dec 1994	478	15,465	15.03	—	$7,184
Nov 1994	383	14,912	15.90	—	$6,090
Oct 1994	264	13,232	15.58	—	$4,113
Sep 1994	302	13,206	15.29	—	$4,618
Aug 1994	265	13,503	16.13	—	$4,274
Jul 1994	278	13,859	17.56	—	$4,882
Jun 1994	347	13,181	17.09	—	$5,930
May 1994	293	13,672	15.88	—	$4,653
Apr 1994	163	8,057	14.14	—	$2,305
Mar 1994	140	5,364	12.46	—	$1,744
Feb 1994	83	3,624	12.50	—	$1,038
Jan 1994	160	6,748	12.66	—	$2,026
Dec 1993	174	6,803	12.33	—	$2,145
Nov 1993	206	8,889	14.49	—	$2,985
Oct 1993	362	13,140	15.85	—	$5,738
Sep 1993	261	12,578	15.03	—	$3,923
Aug 1993	339	12,857	15.66	—	$5,309
Jul 1993	279	11,775	15.46	—	$4,313
Jun 1993	229	10,449	16.79	—	$3,845
May 1993	232	10,206	17.68	—	$4,102
Apr 1993	267	9,121	18.05	—	$4,819
Mar 1993	184	9,186	18.14	—	$3,338
Feb 1993	237	8,818	17.90	—	$4,242
Jan 1993	192	9,914	16.93	—	$3,251

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.

Nov 1999 — as filed, then multipliedworked

Condensate            26 bbl  × $ 23.19 =       $603
Gas                    0 Mcf  × $  2.43 =         $0

────────────────────────────────────────────────────
Month total                                     $603

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/75280 is the state's own key, not one this site invented.