TULLY, L. V. ET AL

Name: TULLY, L. V. ET AL lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the THREE J (LOWER FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 126864District 03Field 89707500NGPA filingCondensateGasSave Export

Value, all time

$3.0 M

Jan 1993 – Dec 2007

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

180

no gaps in the span

Streams

condensate, gas

The THREE J (LOWER FRIO) 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered

1988-02-18

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.

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	145,446 bbl	$2,424,714
Gas	Production	1,021,851 Mcf	$537,407
Total			$2,962,121

794,831 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 29.3681, -95.1320. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.36808, -95.13195 · 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

12,800 ft

1 wells filed one

Completion to plug

14.6 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 12,800 ft.

Completions filed

Feb 1988

1 of 1 wells

Plug dates filed

Sep 2002

1 of 1 wells

Last completion to plug: a median of 14.6 years across the 1 well that filed both dates, with the middle half between 14.6 years and 14.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-16731142	1	12,800 ft	Feb 1988	Sep 2002	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 (180)

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

180 months


Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	23	0	82.85	6.92	$1,906
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	108	0	24.87	3.05	$2,686
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	90	24.54	5.38	$484
Feb 2001	121	0	27.75	5.77	$3,358
Jan 2001	0	14	27.47	8.40	$118
Dec 2000	184	99	26.88	9.12	$5,849
Nov 2000	175	628	32.21	5.66	$9,190
Oct 2000	339	385	31.23	5.15	$12,568
Sep 2000	164	477	31.87	5.19	$7,701
Aug 2000	329	602	29.64	4.54	$12,485
Jul 2000	375	769	28.53	4.09	$13,844
Jun 2000	368	817	29.30	4.40	$14,375
May 2000	357	1,463	27.26	3.68	$15,115
Apr 2000	375	1,833	24.51	3.12	$14,903
Mar 2000	375	1,970	28.42	2.86	$16,291
Feb 2000	366	1,929	27.62	2.73	$15,368
Jan 2000	566	2,232	25.27	2.48	$19,839
Dec 1999	551	2,490	24.28	2.42	$19,413
Nov 1999	363	2,194	23.19	2.43	$13,758
Oct 1999	519	2,881	20.98	2.80	$18,966
Sep 1999	539	2,703	21.75	2.62	$18,802
Aug 1999	511	2,904	19.26	2.88	$18,193
Jul 1999	534	7,692	17.89	2.37	$27,802
Jun 1999	695	4,219	15.94	2.36	$21,044
May 1999	718	4,609	15.79	2.32	$22,035
Apr 1999	912	3,903	15.10	2.21	$22,389
Mar 1999	738	6,619	12.47	1.84	$21,371
Feb 1999	713	5,816	9.98	1.82	$17,688
Jan 1999	1,098	7,636	10.38	1.90	$25,905
Dec 1998	913	7,624	9.20	1.77	$21,919
Nov 1998	908	6,039	10.89	2.19	$23,088
Oct 1998	1,041	8,760	12.42	1.97	$30,180
Sep 1998	939	7,480	12.59	2.08	$27,400
Aug 1998	1,091	8,051	11.30	1.91	$27,684
Jul 1998	1,158	7,841	11.74	2.24	$31,137
Jun 1998	942	9,110	11.24	2.24	$30,970
May 1998	1,249	8,501	12.62	2.21	$34,518
Apr 1998	1,085	6,063	13.04	2.51	$29,338
Mar 1998	952	3,252	12.80	2.31	$19,696
Feb 1998	579	4,257	13.95	2.30	$17,864
Jan 1998	953	11,182	14.70	2.15	$38,104
Dec 1997	1,086	5,667	16.32	2.41	$31,387
Nov 1997	910	6,152	18.19	3.09	$35,552
Oct 1997	135	74	19.25	3.15	$2,832
Sep 1997	1,088	6,814	17.74	2.95	$39,436
Aug 1997	1,088	7,364	17.86	2.55	$38,245
Jul 1997	1,083	7,757	17.58	2.25	$36,469
Jun 1997	1,090	7,702	17.24	2.26	$36,177
May 1997	1,274	8,046	18.97	2.31	$42,742
Apr 1997	1,285	7,882	17.88	2.08	$39,392
Mar 1997	1,095	74	18.95	1.94	$20,894
Feb 1997	1,118	7,144	20.49	2.21	$38,667
Jan 1997	1,370	7,210	23.48	3.54	$57,689
Dec 1996	1,371	7,797	23.32	—	$31,972
Nov 1996	1,098	7,929	21.97	—	$24,123
Oct 1996	1,277	8,509	23.31	—	$29,767
Sep 1996	1,101	8,292	22.22	—	$24,464
Aug 1996	1,273	8,956	20.26	—	$25,791
Jul 1996	1,435	9,318	19.55	—	$28,054
Jun 1996	1,280	9,256	18.73	—	$23,974
May 1996	1,663	9,661	19.43	—	$32,312
Apr 1996	1,242	9,259	21.51	—	$26,715
Mar 1996	1,661	9,598	19.38	—	$32,190
Feb 1996	1,277	9,066	16.98	—	$21,683
Jan 1996	1,659	9,610	17.07	—	$28,319
Dec 1995	1,634	9,853	17.19	—	$28,088
Nov 1995	1,603	10,195	16.00	—	$25,648
Oct 1995	1,615	12,532	15.43	—	$24,919
Sep 1995	1,659	12,712	16.18	—	$26,843
Aug 1995	1,821	13,664	15.92	—	$28,990
Jul 1995	1,622	14,080	15.24	—	$24,719
Jun 1995	1,792	14,188	16.41	—	$29,407
May 1995	2,032	13,296	17.56	—	$35,682
Apr 1995	1,829	11,195	17.73	—	$32,428
Mar 1995	2,000	12,628	16.44	—	$32,880
Feb 1995	1,665	11,692	16.58	—	$27,606
Jan 1995	2,151	14,510	15.92	—	$34,244
Dec 1994	2,155	14,605	15.03	—	$32,390
Nov 1994	2,158	15,618	15.90	—	$34,312
Oct 1994	2,500	17,362	15.58	—	$38,950
Sep 1994	2,334	22,527	15.29	—	$35,687
Aug 1994	2,505	23,928	16.13	—	$40,406
Jul 1994	2,496	24,456	17.56	—	$43,830
Jun 1994	2,505	23,947	17.09	—	$42,810
May 1994	2,711	25,481	15.88	—	$43,051
Apr 1994	2,705	25,111	14.14	—	$38,249
Mar 1994	2,881	25,970	12.46	—	$35,897
Feb 1994	2,588	23,309	12.50	—	$32,350
Jan 1994	2,911	20,514	12.66	—	$36,853
Dec 1993	3,138	20,172	12.33	—	$38,692
Nov 1993	3,273	20,852	14.49	—	$47,426
Oct 1993	3,259	23,469	15.85	—	$51,655
Sep 1993	3,435	22,762	15.03	—	$51,628
Aug 1993	2,768	20,958	15.66	—	$43,347
Jul 1993	3,314	22,914	15.46	—	$51,234
Jun 1993	3,313	22,032	16.79	—	$55,625
May 1993	3,531	23,119	17.68	—	$62,428
Apr 1993	3,137	24,130	18.05	—	$56,623
Mar 1993	3,744	15,471	18.14	—	$67,916
Feb 1993	3,560	22,894	17.90	—	$63,724
Jan 1993	4,217	35,434	16.93	—	$71,394

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.

Oct 2007 — as filed, then multipliedworked

Condensate            23 bbl  × $ 82.85 =     $1,906
Gas                    0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                   $1,906

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/126864 is the state's own key, not one this site invented.