N.W. OLDENBURG-AMARADO UNIT

Operated by UNION PACIFIC RESOURCES COMPANY (P-5 876645) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 147603District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$255 k
Nov 1993 – Sep 2000
Value, last 12 filed months
$505
at the published price for each month
Months reported
83
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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
High Cost Gas221994-02-25 – 1995-08-082 dockets
NGPA2none

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
CondensateDisposition14,223 bbl$217,974
GasProduction255,893 Mcf$37,418
Total$255,392

240,128 Mcf of this lease's gas, across 38 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 29.9969, -96.7660. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.99694, -96.76604 · 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
0.0%
0 of 1 wells
Median depth
14,846 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 14,846 ft.

Completions filed
Mar 2000
1 of 1 wells

1 well

42-14932808114,846 ftMar 2000Yes

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 (83)

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

83 months

Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 200020025.272.48$505
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 1999181021.752.62$3,937
Aug 19990019.262.88$0
Jul 1999037417.892.37$887
Jun 1999066015.942.36$1,559
May 199917993615.792.32$4,999
Apr 1999035115.102.21$775
Mar 1999038812.471.84$713
Feb 19991774569.981.82$2,595
Jan 199903510.381.90$67
Dec 199801369.201.77$241
Nov 1998050010.892.19$1,093
Oct 199835653412.421.97$5,473
Sep 1998048612.592.08$1,012
Aug 1998022011.301.91$420
Jul 1998033211.742.24$743
Jun 1998071711.242.24$1,604
May 1998066512.622.21$1,467
Apr 199806413.042.51$160
Mar 199835756512.802.31$5,874
Feb 1998046313.952.30$1,065
Jan 1998042314.702.15$911
Dec 1997099016.322.41$2,387
Nov 1997030118.193.09$930
Oct 199735364119.253.15$8,814
Sep 199701,71017.742.95$5,053
Aug 1997014217.862.55$363
Jul 199718131417.582.25$3,888
Jun 1997033517.242.26$756
May 1997059618.972.31$1,376
Apr 1997039217.882.08$816
Mar 1997051218.951.94$993
Feb 19971771,09520.492.21$6,042
Jan 1997043223.483.54$1,529
Dec 199617836723.32$4,151
Nov 1996086621.97$0
Oct 199613766223.31$3,193
Sep 1996044522.22$0
Aug 19961951,29620.26$3,951
Jul 199636070219.55$7,038
Jun 199601,06718.73$0
May 199601,61619.43$0
Apr 19963511,80621.51$7,550
Mar 1996061019.38$0
Feb 1996061916.98$0
Jan 199601,00317.07$0
Dec 199534493017.19$5,913
Nov 199501,06116.00$0
Oct 199501,33915.43$0
Sep 19951882,22316.18$3,042
Aug 19951911,88815.92$3,041
Jul 19953541,64815.24$5,395
Jun 199502,54216.41$0
May 199502,85817.56$0
Apr 19951943,53917.73$3,440
Mar 19955113,67716.44$8,401
Feb 199513,82216.58$17
Jan 19953524,30515.92$5,604
Dec 19943484,62715.03$5,230
Nov 199403,31315.90$0
Oct 19941872,89815.58$2,913
Sep 19942004,02715.29$3,058
Aug 19943555,26716.13$5,726
Jul 19943585,95717.56$6,286
Jun 19941896,26417.09$3,230
May 19943737,30815.88$5,923
Apr 19943676,99814.14$5,189
Mar 199472114,40812.46$8,984
Feb 19943749,08412.50$4,675
Jan 199469719,75312.66$8,824
Dec 19931,28731,68812.33$15,869
Nov 19933,43077,64514.49$49,701

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.

Jan 2000 — as filed, then multipliedworked
Condensate            20 bbl  × $ 25.27 =       $505
Gas                    0 Mcf  × $  2.48 =         $0

────────────────────────────────────────────────────
Month total                                     $505

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/147603 is the state's own key, not one this site invented.