TXPO STARK FOUNDATION UNIT NO 1

Operated by D.J. OILFIELD SALVAGE INC. (P-5 196197) in the GIST, SOUTHEAST (YEGUA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 116968District 03Field 35111500NGPA filingCondensateGasSaveExport
Value, all time
$269 k
Jan 1993 – Jan 1997
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
49
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1985-01-27
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition17,291 bbl$269,367
GasProduction485,232 Mcf$0
Total$269,367

485,232 Mcf of this lease's gas, across 29 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 30.2361, -93.8870. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.23613, -93.88699 · 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
13,902 ft
1 wells filed one
Completion to plug
12.0 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 13,902 ft.

Completions filed
Jan 1985
1 of 1 wells
Plug dates filed
Jan 1997
1 of 1 wells

Last completion to plug: a median of 12.0 years across the 1 well that filed both dates, with the middle half between 12.0 years and 12.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-36130508113,902 ftJan 1985Jan 1997Yes

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 (49)

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

49 months

Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 199683018.73$1,555
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 1995052716.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19951802,54217.56$3,161
Apr 199551615,99917.73$9,149
Mar 199554317,81616.44$8,927
Feb 199553415,13116.58$8,854
Jan 199554215,75215.92$8,629
Dec 199471415,44315.03$10,731
Nov 199455817,62215.90$8,872
Oct 199468817,65515.58$10,719
Sep 199452716,39815.29$8,058
Aug 199454616,48916.13$8,807
Jul 199470718,31617.56$12,415
Jun 199469618,84017.09$11,895
May 199469419,85115.88$11,021
Apr 199452616,49614.14$7,438
Mar 199453018,85412.46$6,604
Feb 199471120,27812.50$8,888
Jan 199492122,32312.66$11,660
Dec 199370719,82112.33$8,717
Nov 199372320,04414.49$10,476
Oct 199390322,07815.85$14,313
Sep 199372121,41715.03$10,837
Aug 199369821,05615.66$10,931
Jul 199389021,28815.46$13,759
Jun 199353618,21316.79$8,999
May 199385422,00717.68$15,099
Apr 199370919,04218.05$12,797
Mar 199333413,41618.14$6,059
Feb 1993051817.90$0
Jan 19930016.93$0

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.

Jun 1996 — as filed, then multipliedworked
Condensate            83 bbl  × $ 18.73 =     $1,555
Gas                    0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $1,555

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. 03/G/116968 is the state's own key, not one this site invented.