MANGUM GAS UNIT

Operated by FINLEY RESOURCES, INC. (P-5 268602) in the EL CAMPO, NE (YEGUA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148314District 03Field 27927600CondensateGasSaveExport
Value, all time
$2.9 M
Jan 1994 – Sep 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
285
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 15 leases and 15 wells, and the rule below applies to all of them.

Discovered
1990-08-20
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

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST, EFF 11-1-92.

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
CondensateDisposition40,808 bbl$1,018,091
GasProduction1,117,658 Mcf$1,923,776
Total$2,941,867

703,053 Mcf of this lease's gas, across 35 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 29.3435, -96.2403. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.34347, -96.24030 · 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
7,600 ft
1 wells filed one
Completion to plug
23.7 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 7,600 ft.

Completions filed
Jan 1994
1 of 1 wells
Plug dates filed
Sep 2017
1 of 1 wells

Last completion to plug: a median of 23.7 years across the 1 well that filed both dates, with the middle half between 23.7 years and 23.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4813367417,600 ftJan 1994Sep 2017Yes

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 (285)

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

285 months

Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 2010179070.364.91$12,594
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100673.585.44$33
Jan 20100874.365.96$48
Dec 20090871.445.48$44
Nov 2009015274.593.75$570
Oct 20090272.544.11$8
Sep 200906765.543.06$205
Aug 2009013967.423.22$447
Jul 200902,16861.133.46$7,511
Jun 20091862,05466.163.90$20,306
May 200902,44254.743.93$9,587
Apr 20091881,27646.773.59$13,370
Mar 200902,12442.144.06$8,621
Feb 20091761,95032.814.63$14,809
Jan 20091882,11835.865.37$18,117
Dec 200802,02537.105.98$12,104
Nov 20081901,96055.496.86$23,989
Oct 20081932,16075.246.92$29,473
Sep 200802,044101.767.88$16,101
Aug 20081872,179114.228.48$39,844
Jul 200802,220131.0811.39$25,285
Jun 20081922,172131.3313.03$53,522
May 200802,284123.1711.57$26,436
Apr 20081952,231110.3110.45$44,835
Mar 20081932,296101.909.66$41,855
Feb 200802,21392.538.77$19,409
Jan 20081902,42890.388.21$37,096
Dec 20071902,50388.337.30$35,060
Nov 200702,28691.677.29$16,669
Oct 20071932,68682.856.92$34,582
Sep 200702,67675.846.24$16,709
Aug 200702,87269.066.39$18,346
Jul 20071882,99070.906.39$32,429
Jun 200703,15462.007.55$23,808
May 20071903,34858.747.85$37,430
Apr 200701,07359.617.81$8,375
Mar 20070056.927.30$0
Feb 20070155.108.22$8
Jan 20071941,22050.306.73$17,965
Dec 200602,09456.656.92$14,487
Nov 20061872,38554.207.62$28,303
Oct 200602,36254.906.01$14,205
Sep 200602,44560.085.04$12,316
Aug 20063572,52668.717.34$43,070
Jul 200602,60269.376.34$16,504
Jun 200602,34966.286.38$14,996
May 20061962,38266.016.42$28,242
Apr 200602,51864.397.36$18,534
Mar 20061902,66456.707.08$29,642
Feb 200602,29057.597.75$17,750
Jan 20061872,85760.598.93$36,853
Dec 200503,06354.9413.42$41,091
Nov 20051742,24654.6910.59$33,298
Oct 20052231,73858.3413.80$36,987
Sep 200502,44261.4512.08$29,497
Aug 20051962,73261.519.80$38,821
Jul 200502,67155.697.84$20,950
Jun 200501,47252.337.38$10,865
May 200501,12145.226.65$7,456
Apr 20051812,04249.207.36$23,935
Mar 20051832,58550.377.15$27,713
Feb 20051852,33145.226.31$23,079
Jan 2005072543.166.32$4,584
Dec 20041901,25639.866.75$16,053
Nov 200402,30145.286.33$14,566
Oct 20041893,34449.706.52$31,180
Sep 200403,09843.245.28$16,370
Aug 200402,64342.375.55$14,670
Jul 20041822,82538.286.08$24,155
Jun 200402,99536.106.43$19,267
May 200402,09137.486.49$13,580
Apr 200402,61534.475.86$15,320
Mar 20041873,49934.365.53$25,775
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 200301,54230.266.30$9,717
Nov 200318749828.804.60$7,674
Oct 20031591,43828.174.76$11,323
Sep 20031831,47026.314.75$11,796
Aug 2003062829.765.13$3,221
Jul 200319165829.415.17$9,020
Jun 2003096728.565.98$5,786
May 20031852,68226.595.97$20,938
Apr 200302,72126.675.41$14,713
Mar 20033752,73831.146.10$28,368
Feb 200303,08633.487.93$24,459
Jan 20033762,74530.315.58$26,719
Dec 200204,54226.914.85$22,046
Nov 200204,40824.664.14$18,236
Oct 2002093926.464.23$3,971
Sep 200212813327.443.64$3,996
Aug 20021842,46725.963.16$12,583
Jul 20023562,51524.583.06$16,451
Jun 200202,60723.733.34$8,703
May 20021833,18024.663.58$15,910
Apr 20021902,47523.653.51$13,186
Mar 200202,91222.003.10$9,035
Feb 20021832,09918.222.38$8,321
Jan 20021872,04517.172.38$8,069
Dec 200102,47516.932.36$5,852
Nov 20011722,01018.072.41$7,943
Oct 20011882,12119.782.53$9,082
Sep 20011852,42524.262.25$9,948
Aug 20011832,88224.873.05$13,350
Jul 20011892,93023.933.20$13,890
Jun 20011922,42924.563.82$14,004
May 200103,15425.524.31$13,585
Apr 20013703,82724.685.34$29,550
Mar 200102,90224.545.38$15,602
Feb 20013644,08527.755.77$33,660
Jan 200102,76227.478.40$23,197
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000090431.235.15$4,652
Sep 20002002,15131.875.19$17,530
Aug 200003,29229.644.54$14,948
Jul 20001904,06428.534.09$22,041
Jun 20002003,52029.304.40$21,338
May 20001783,96627.263.68$19,446
Apr 20003924,66224.513.12$24,135
Mar 200005,89328.422.86$16,853
Feb 20001988027.622.73$5,687
Jan 20001982,89025.272.48$12,172
Dec 199902,65424.282.42$6,433
Nov 19993994,42023.192.43$20,011
Oct 199902,71220.982.80$7,604
Sep 199903,91221.752.62$10,245
Aug 19991984,22519.262.88$15,963
Jul 19991844,49617.892.37$13,958
Jun 19991954,46315.942.36$13,650
May 19991934,54415.792.32$13,594
Apr 19991954,72315.102.21$13,373
Mar 19993863,91412.471.84$12,009
Feb 199904,0769.981.82$7,409
Jan 19993994,13410.381.90$11,996
Dec 19981824,1129.201.77$8,966
Nov 19983625,25710.892.19$15,433
Oct 199802,97512.421.97$5,858
Sep 19983944,27812.592.08$13,870
Aug 19981844,19611.301.91$10,082
Jul 19981974,30511.742.24$11,944
Jun 19981964,22911.242.24$11,664
May 19983554,29212.622.21$13,950
Apr 19985925,47213.042.51$21,429
Mar 19981997,49312.802.31$19,852
Feb 199806,81913.952.30$15,678
Jan 1998193014.702.15$2,837
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19971942,31119.253.15$11,014
Sep 19973696,05817.742.95$24,447
Aug 19971947,05117.862.55$21,478
Jul 19971966,34517.582.25$17,703
Jun 19973925,59117.242.26$19,378
May 19973803,62918.972.31$15,586
Apr 19971925,03217.882.08$13,914
Mar 19971973,24018.951.94$10,016
Feb 19972025,49120.492.21$16,252
Jan 19971954,39323.483.54$20,129
Dec 199603,34423.32$0
Nov 19963275,32121.97$7,184
Oct 19963431,79623.31$7,995
Sep 19963355,21722.22$7,444
Aug 19963455,18420.26$6,990
Jul 19961924,32519.55$3,754
Jun 19964625,31818.73$8,653
May 19961965,49519.43$3,808
Apr 19963446,61621.51$7,399
Mar 19965501,17819.38$10,659
Feb 19960016.98$0
Jan 199601,71817.07$0
Dec 19957066,86717.19$12,136
Nov 199503,49316.00$0
Oct 19953416,25515.43$5,262
Sep 19956946,07916.18$11,229
Aug 19953357,45115.92$5,333
Jul 19953368,89515.24$5,121
Jun 19953349,27316.41$5,481
May 199571614,90117.56$12,573
Apr 199503,47117.73$0
Mar 19953646,84916.44$5,984
Feb 199535612,28516.58$5,902
Jan 19957119,65415.92$11,319
Dec 199435516,69715.03$5,336
Nov 199472315,57815.90$11,496
Oct 199436020,80315.58$5,609
Sep 199470728,52015.29$10,810
Aug 199471239,43516.13$11,485
Jul 19941,08460,92017.56$19,035
Jun 19941,08075,24517.09$18,457
May 19941,42588,19315.88$22,629
Apr 19942,16891,28414.14$30,656
Mar 19942,91388,16012.46$36,296
Feb 19941,09534,97812.50$13,688
Jan 199402,25512.66$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 2010 — as filed, then multipliedworked
Condensate           179 bbl  × $ 70.36 =    $12,594
Gas                    0 Mcf  × $  4.91 =         $0

────────────────────────────────────────────────────
Month total                                  $12,594

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/148314 is the state's own key, not one this site invented.