BRACEWELL ESTATES

Operated by LEGEND NATURAL GAS II, LP (P-5 495450) in the TAYLOR LAKE, EAST (LOX B) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 121374District 03Field 88549400CondensateGasSave
Value, all time
$1.9 M
Jan 1993 – Mar 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
207
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
CondensateDisposition53,968 bbl$882,112
GasProduction4,217,726 Mcf$1,036,965
Total$1,919,077

3,789,532 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 29.5789, -95.0176. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.57887, -95.01756 · 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
10,160 ft
1 wells filed one
Completion to plug
24.8 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 10,160 ft.

Completions filed
Jun 1985
1 of 1 wells
Plug dates filed
Mar 2010
1 of 1 wells

Last completion to plug: a median of 24.8 years across the 1 well that filed both dates, with the middle half between 24.8 years and 24.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-201318141 L10,160 ftJun 1985Mar 2010Yes

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 (207)

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

207 months

Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 200003829.304.40$167
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19993026910.381.90$822
Dec 199816131,4859.201.77$57,314
Nov 1998015,06910.892.19$32,937
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19986815612.802.31$1,231
Feb 199832123,89313.952.30$59,411
Jan 199827724,03414.702.15$55,860
Dec 199735319,81316.322.41$53,532
Nov 199774922,85118.193.09$84,194
Oct 199731323,03419.253.15$78,578
Sep 199723520,92417.742.95$65,997
Aug 199729424,71917.862.55$68,401
Jul 199724421,65017.582.25$52,936
Jun 199730930,77617.242.26$74,795
May 199734135,93118.972.31$89,415
Apr 199736933,77017.882.08$76,933
Mar 199734235,77018.951.94$75,844
Feb 199736132,07320.492.21$78,147
Jan 199731931,93923.483.54$120,545
Dec 199631530,33523.32$7,346
Nov 199639534,14821.97$8,678
Oct 199631932,10223.31$7,436
Sep 199636535,94922.22$8,110
Aug 199654752,70320.26$11,082
Jul 199649551,33519.55$9,677
Jun 199645946,24118.73$8,597
May 199655348,90919.43$10,745
Apr 199644642,89221.51$9,593
Mar 199652246,52619.38$10,116
Feb 199648751,03616.98$8,269
Jan 199646552,10117.07$7,938
Dec 199543049,21017.19$7,392
Nov 199539245,44416.00$6,272
Oct 199553447,31015.43$8,240
Sep 199547745,68016.18$7,718
Aug 199547546,56515.92$7,562
Jul 199530547,80115.24$4,648
Jun 199539945,41216.41$6,548
May 199548645,66717.56$8,534
Apr 199543044,13717.73$7,624
Mar 199550747,87416.44$8,335
Feb 199547945,22116.58$7,942
Jan 199562058,65415.92$9,870
Dec 199467046,68315.03$10,070
Nov 199460740,87915.90$9,651
Oct 199462243,61715.58$9,691
Sep 199472750,43315.29$11,116
Aug 19941,597114,47016.13$25,760
Jul 19941,505112,35417.56$26,428
Jun 19941,447108,09317.09$24,729
May 19941,484100,98815.88$23,566
Apr 19941,599114,11714.14$22,610
Mar 19941,715116,07612.46$21,369
Feb 19941,693113,81412.50$21,163
Jan 19941,880127,69712.66$23,801
Dec 19931,944144,04912.33$23,970
Nov 19931,597121,72014.49$23,141
Oct 19931,40093,29215.85$22,190
Sep 19931,729129,02015.03$25,987
Aug 19932,226143,67115.66$34,859
Jul 19932,308140,17215.46$35,682
Jun 19931,706113,79016.79$28,644
May 19932,336146,69317.68$41,300
Apr 19931,903142,58918.05$34,349
Mar 19932,163145,00318.14$39,237
Feb 19931,628138,49117.90$29,141
Jan 19931,494148,56916.93$25,293

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 2000 — as filed, then multipliedworked
Condensate             0 bbl  × $ 29.30 =         $0
Gas                   38 Mcf  × $  4.40 =       $167

────────────────────────────────────────────────────
Month total                                     $167

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/121374 is the state's own key, not one this site invented.