GNRC-EXXON FEE

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

Gas lease lease 145455District 03Field 88552501CondensateGasSave
Value, all time
$21.6 M
Apr 1993 – Sep 2009
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
198
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
CondensateDisposition265,488 bbl$4,394,261
GasProduction21,283,286 Mcf$17,196,856
Total$21,591,117

15,720,892 Mcf of this lease's gas, across 45 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 29.5939, -95.0066. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.59389, -95.00661 · 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
11,965 ft
1 wells filed one
Completion to plug
16.4 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 11,965 ft.

Completions filed
Apr 1993
1 of 1 wells
Plug dates filed
Sep 2009
1 of 1 wells

Last completion to plug: a median of 16.4 years across the 1 well that filed both dates, with the middle half between 16.4 years and 16.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20132300111,965 ftApr 1993Sep 2009Yes

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 (198)

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

198 months

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 200901346.773.59$47
Mar 200902842.144.06$114
Feb 200906232.814.63$287
Jan 20095035.865.37$179
Dec 20081525237.105.98$2,063
Nov 200804,44755.496.86$30,508
Oct 200817075.246.92$560
Sep 20082193101.767.88$1,724
Aug 20088470114.228.48$4,901
Jul 20082548131.0811.39$6,504
Jun 20081458131.3313.03$6,100
May 20081282123.1711.57$3,387
Apr 20082154110.3110.45$1,831
Mar 20080257101.909.66$2,484
Feb 200805992.538.77$517
Jan 2008215790.388.21$1,469
Dec 2007132688.337.30$2,469
Nov 2007018291.677.29$1,327
Oct 2007111482.856.92$872
Sep 2007119175.846.24$1,268
Aug 2007211169.066.39$847
Jul 2007172370.906.39$4,689
Jun 2007017262.007.55$1,298
May 2007115958.747.85$1,306
Apr 2007237059.617.81$3,007
Mar 2007237656.927.30$2,859
Feb 2007469855.108.22$5,955
Jan 2007364950.306.73$4,517
Dec 2006152,79356.656.92$20,173
Nov 2006132,59254.207.62$20,449
Oct 200652,16054.906.01$13,264
Sep 200691,86660.085.04$9,940
Aug 200651,63268.717.34$12,322
Jul 2006122,22869.376.34$14,964
Jun 2006121,91166.286.38$12,995
May 200672,09466.016.42$13,916
Apr 2006132,69464.397.36$20,666
Mar 2006263,16556.707.08$23,892
Feb 2006202,07657.597.75$17,243
Jan 2006453,21560.598.93$31,447
Dec 2005224,49154.9413.42$61,457
Nov 2005437,33354.6910.59$79,996
Oct 2005438,26258.3413.80$116,489
Sep 2005669,41961.4512.08$117,828
Aug 2005189,86561.519.80$97,753
Jul 20054310,90355.697.84$87,914
Jun 20051313,38252.337.38$99,453
May 20052614,88445.226.65$100,172
Apr 200516114,96149.207.36$118,041
Mar 20053016,16350.377.15$117,155
Feb 20052914,49645.226.31$92,809
Jan 20054015,93143.166.32$102,445
Dec 20043816,07039.866.75$110,005
Nov 20043615,42145.286.33$99,251
Oct 20041615,66249.706.52$102,835
Sep 20042014,38643.245.28$76,879
Aug 20041815,14042.375.55$84,800
Jul 20041815,40438.286.08$94,410
Jun 20042614,87336.106.43$96,617
May 20042615,42837.486.49$101,173
Apr 20042915,16934.475.86$89,867
Mar 200417515,61934.365.53$92,388
Feb 20044615,34732.455.51$86,049
Jan 20043616,59232.036.30$105,677
Dec 20033615,93730.266.30$101,519
Nov 20032915,55628.804.60$72,318
Oct 20033016,52228.174.76$79,484
Sep 20032816,77326.314.75$80,398
Aug 20032717,43729.765.13$90,250
Jul 20032817,53829.415.17$91,510
Jun 20032117,56628.565.98$105,696
May 20033217,89426.595.97$107,726
Apr 200322617,79726.675.41$102,261
Mar 20035918,16531.146.10$112,572
Feb 20035316,40233.487.93$131,775
Jan 200317918,46530.315.58$108,498
Dec 20023119,87026.914.85$97,278
Nov 20023718,35324.664.14$76,838
Oct 20023418,77726.464.23$80,310
Sep 200220618,34227.443.64$72,329
Aug 20022919,24725.963.16$61,653
Jul 20022719,08624.583.06$59,100
Jun 20023518,66023.733.34$63,122
May 20024219,63524.663.58$71,408
Apr 20025018,28223.653.51$65,395
Mar 20026820,58022.003.10$65,350
Feb 20025719,38518.222.38$47,091
Jan 20028322,17517.172.38$54,106
Dec 20017424,18916.932.36$58,445
Nov 20017723,58518.072.41$58,126
Oct 20015724,77319.782.53$63,775
Sep 20015223,46724.262.25$54,093
Aug 20014823,44224.873.05$72,766
Jul 20018425,01223.933.20$81,975
Jun 20017625,27324.563.82$98,515
May 20018926,65225.524.31$117,070
Apr 200110326,70924.685.34$145,043
Mar 200111728,54224.545.38$156,326
Feb 200110125,04627.755.77$147,245
Jan 200112827,94527.478.40$238,220
Dec 200013629,36026.889.12$271,492
Nov 200010028,51432.215.66$164,553
Oct 20009630,14531.235.15$158,109
Sep 200010528,97531.875.19$153,625
Aug 200010130,65029.644.54$142,168
Jul 20009031,04728.534.09$129,542
Jun 20008531,56429.304.40$141,285
May 200015834,41527.263.68$130,946
Apr 200021032,14624.513.12$105,314
Mar 200016434,69628.422.86$103,883
Feb 200022436,75227.622.73$106,391
Jan 200021340,37125.272.48$105,523
Dec 199921145,96624.282.42$116,532
Nov 199919845,57823.192.43$115,528
Oct 199917346,85420.982.80$134,995
Sep 199915544,64421.752.62$120,287
Aug 199915243,53719.262.88$128,123
Jul 199919447,80217.892.37$116,875
Jun 199918444,81515.942.36$108,790
May 199926749,12115.792.32$118,227
Apr 199921847,98915.102.21$109,254
Mar 199929553,46912.471.84$101,972
Feb 199929851,9139.981.82$97,341
Jan 199926057,13810.381.90$111,258
Dec 199833464,5269.201.77$117,498
Nov 199836373,44910.892.19$164,492
Oct 199842683,29912.421.97$169,324
Sep 199846693,25612.592.08$200,084
Aug 199847794,89511.301.91$186,388
Jul 1998646106,54311.742.24$245,950
Jun 1998622111,73411.242.24$256,970
May 1998612120,53912.622.21$273,673
Apr 1998714126,58513.042.51$326,448
Mar 1998953135,74212.802.31$325,686
Feb 1998944140,03813.952.30$335,134
Jan 1998868162,30614.702.15$362,495
Dec 1997765123,23216.322.41$309,609
Nov 1997718122,43418.193.09$391,168
Oct 19971,016129,24919.253.15$426,669
Sep 1997876142,46617.742.95$436,510
Aug 19971,134160,75017.862.55$430,928
Jul 19971,154174,12217.582.25$411,529
Jun 19971,415183,38517.242.26$438,331
May 19971,352198,70118.972.31$484,349
Apr 19971,611206,77817.882.08$459,478
Mar 19971,810231,94618.951.94$484,075
Feb 19972,092231,72320.492.21$554,023
Jan 19971,980269,00823.483.54$998,698
Dec 19962,259295,56723.32$52,680
Nov 19962,738319,91521.97$60,154
Oct 19962,384366,18523.31$55,571
Sep 19962,804381,97022.22$62,305
Aug 19963,605402,80520.26$73,037
Jul 19964,124427,95919.55$80,624
Jun 19963,783437,24918.73$70,856
May 19963,568333,48919.43$69,326
Apr 19962,534221,95321.51$54,506
Mar 19962,916224,35719.38$56,512
Feb 19962,658218,39516.98$45,133
Jan 19962,867229,93617.07$48,940
Dec 19952,769222,02817.19$47,599
Nov 19952,945220,79916.00$47,120
Oct 19953,600253,61615.43$55,548
Sep 19953,753261,26316.18$60,724
Aug 19954,190268,12715.92$66,705
Jul 19954,783327,34215.24$72,893
Jun 19956,069426,33516.41$99,592
May 19956,913450,17817.56$121,392
Apr 19955,834392,34617.73$103,437
Mar 19956,220396,49116.44$102,257
Feb 19956,551402,85816.58$108,616
Jan 19957,647504,97415.92$121,740
Dec 19947,358451,86915.03$110,591
Nov 19945,337313,03215.90$84,858
Oct 19945,714360,15715.58$89,024
Sep 19946,089365,46215.29$93,101
Aug 19946,337352,36016.13$102,216
Jul 19946,239371,09917.56$109,557
Jun 19946,582376,89417.09$112,486
May 19946,561346,19815.88$104,189
Apr 19946,992378,45514.14$98,867
Mar 19948,219446,26112.46$102,409
Feb 19945,580279,45412.50$69,750
Jan 19949,842546,67912.66$124,600
Dec 19937,498409,03912.33$92,450
Nov 19939,636548,92214.49$139,626
Oct 199311,145602,12415.85$176,648
Sep 19936,805375,79815.03$102,279
Aug 19939,356501,94815.66$146,515
Jul 19934,551272,84715.46$70,358
Jun 19933,240236,79416.79$54,400
May 19932,829145,38417.68$50,017
Apr 199371953,97918.05$12,978

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.

Apr 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 46.77 =         $0
Gas                   13 Mcf  × $  3.59 =        $47

────────────────────────────────────────────────────
Month total                                      $47

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/145455 is the state's own key, not one this site invented.