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 148431District 03Field 88552501CondensateGasSaveExport
Value, all time
$11.7 M
Dec 1993 – Dec 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
193
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1993-04-18
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

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST, EFF 7-1-94.

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
CondensateDisposition195,503 bbl$3,249,820
GasProduction16,664,336 Mcf$8,433,131
Total$11,682,951

13,546,442 Mcf of this lease's gas, across 37 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 29.5927, -95.0011. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.59271, -95.00114 · 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
10,103 ft
1 wells filed one
Completion to plug
16.0 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 10,103 ft.

Completions filed
Dec 1993
1 of 1 wells
Plug dates filed
Dec 2009
1 of 1 wells

Last completion to plug: a median of 16.0 years across the 1 well that filed both dates, with the middle half between 16.0 years and 16.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20132321210,103 ftDec 1993Dec 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 (193)

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

193 months

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 20080775.246.92$48
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 2008027101.909.66$261
Feb 200807092.538.77$614
Jan 200807090.388.21$574
Dec 200709788.337.30$708
Nov 2007013491.677.29$977
Oct 2007020982.856.92$1,447
Sep 2007023675.846.24$1,474
Aug 200709969.066.39$632
Jul 2007015170.906.39$965
Jun 200702662.007.55$196
May 200702658.747.85$204
Apr 200702459.617.81$187
Mar 200702656.927.30$190
Feb 200702355.108.22$189
Jan 2007011150.306.73$747
Dec 2006011956.656.92$823
Nov 2006012054.207.62$914
Oct 2006015954.906.01$956
Sep 2006013960.085.04$700
Aug 2006012368.717.34$903
Jul 200604169.376.34$260
Jun 2006025166.286.38$1,602
May 200602466.016.42$154
Apr 2006010664.397.36$780
Mar 2006019556.707.08$1,381
Feb 2006011557.597.75$891
Jan 2006010460.598.93$929
Dec 200508854.9413.42$1,181
Nov 2005015654.6910.59$1,652
Oct 2005011258.3413.80$1,545
Sep 2005012061.4512.08$1,449
Aug 20050061.519.80$0
Jul 200505,49355.697.84$43,085
Jun 2005026952.337.38$1,986
May 2005041545.226.65$2,760
Apr 200506249.207.36$456
Mar 2005010250.377.15$730
Feb 2005031745.226.31$2,001
Jan 2005023643.166.32$1,492
Dec 2004019139.866.75$1,289
Nov 2004029345.286.33$1,855
Oct 2004033249.706.52$2,163
Sep 2004034443.245.28$1,818
Aug 2004044442.375.55$2,464
Jul 2004044238.286.08$2,689
Jun 2004032136.106.43$2,065
May 2004029237.486.49$1,896
Apr 2004037634.475.86$2,203
Mar 2004036434.365.53$2,013
Feb 2004028332.455.51$1,559
Jan 2004028332.036.30$1,783
Dec 2003036130.266.30$2,275
Nov 2003039128.804.60$1,797
Oct 2003045228.174.76$2,151
Sep 2003040626.314.75$1,928
Aug 2003048429.765.13$2,483
Jul 2003051829.415.17$2,679
Jun 2003074528.565.98$4,457
May 20030026.595.97$0
Apr 200302426.675.41$130
Mar 2003079931.146.10$4,871
Feb 200301,16233.487.93$9,210
Jan 2003084030.315.58$4,689
Dec 2002017026.914.85$825
Nov 2002027824.664.14$1,150
Oct 2002028726.464.23$1,214
Sep 2002122827.443.64$856
Aug 2002326125.963.16$904
Jul 2002435824.583.06$1,194
Jun 2002034223.733.34$1,142
May 20023028124.663.58$1,747
Apr 2002521,85823.653.51$7,756
Mar 20028819,15022.003.10$61,353
Feb 20026417,78818.222.38$43,425
Jan 20028123,21617.172.38$56,545
Dec 200112828,82616.932.36$70,323
Nov 20013216,24518.072.41$39,656
Oct 20012814,55219.782.53$37,354
Sep 20012113,82624.262.25$31,636
Aug 20012215,62924.873.05$48,265
Jul 20012315,30723.933.20$49,488
Jun 20012214,43924.563.82$55,757
May 20011915,17625.524.31$65,853
Apr 20013815,17224.685.34$81,885
Mar 20012416,53224.545.38$89,472
Feb 20014615,34027.755.77$89,744
Jan 20015918,09327.478.40$153,579
Dec 20002718,77126.889.12$171,964
Nov 20002818,15032.215.66$103,595
Oct 20005017,56431.235.15$91,937
Sep 20003216,71131.875.19$87,691
Aug 20002419,20229.644.54$87,903
Jul 20001619,35028.534.09$79,593
Jun 20002418,05429.304.40$80,091
May 20004121,29927.263.68$79,493
Apr 20002710,53624.513.12$33,492
Mar 20004421,52628.422.86$62,809
Feb 20006422,16827.622.73$62,209
Jan 20006626,07425.272.48$66,344
Dec 19995019,94324.282.42$49,550
Nov 19993221,91223.192.43$54,076
Oct 19993624,61720.982.80$69,774
Sep 19994122,10721.752.62$58,787
Aug 19995678119.262.88$3,324
Jul 19996325,44317.892.37$61,487
Jun 19996824,90815.942.36$59,919
May 19998526,24215.792.32$62,250
Apr 19999028,40915.102.21$64,087
Mar 19998325,51312.471.84$47,936
Feb 19996723,9149.981.82$44,139
Jan 19999427,91110.381.90$54,005
Dec 19988629,8929.201.77$53,799
Nov 19989833,84610.892.19$75,045
Oct 199810136,80712.421.97$73,735
Sep 199813839,80012.592.08$84,626
Aug 199811747,40611.301.91$91,742
Jul 199823359,32211.742.24$135,455
Jun 199810831,59011.242.24$71,889
May 199810038,28512.622.21$85,732
Apr 199814443,71813.042.51$111,406
Mar 199825059,28312.802.31$140,111
Feb 199820866,92913.952.30$156,780
Jan 199818678,53014.702.15$171,950
Dec 199725381,73016.322.41$201,188
Nov 199727792,91218.193.09$291,975
Oct 1997413101,92419.253.15$328,993
Sep 1997378114,75317.742.95$345,787
Aug 1997445131,67417.862.55$344,341
Jul 1997458143,57517.582.25$330,656
Jun 1997525148,85917.242.26$345,056
May 1997516162,02218.972.31$383,816
Apr 1997698175,97917.882.08$379,006
Mar 1997800201,38418.951.94$405,672
Feb 1997982189,61020.492.21$438,382
Jan 19971,014223,25623.483.54$814,068
Dec 19961,388221,51923.32$32,368
Nov 19961,558261,36821.97$34,229
Oct 19961,855287,92023.31$43,240
Sep 19962,092288,39722.22$46,484
Aug 19962,755315,98420.26$55,816
Jul 19962,807339,35719.55$54,877
Jun 19963,021350,96918.73$56,583
May 19963,887379,49419.43$75,524
Apr 19964,137388,55421.51$88,987
Mar 19964,148405,71419.38$80,388
Feb 19964,475479,31516.98$75,986
Jan 19965,158479,46917.07$88,047
Dec 19955,523452,79217.19$94,940
Nov 19955,568475,37616.00$89,088
Oct 19954,847339,92215.43$74,789
Sep 19954,812340,00716.18$77,858
Aug 19955,069339,67415.92$80,698
Jul 19956,556453,78715.24$99,913
Jun 19957,508533,67716.41$123,206
May 19957,300461,10417.56$128,188
Apr 19956,331393,73217.73$112,249
Mar 19956,679398,24416.44$109,803
Feb 19956,549403,27216.58$108,582
Jan 19958,354505,51215.92$132,996
Dec 19947,212454,01815.03$108,396
Nov 19945,011292,73515.90$79,675
Oct 19945,898347,26615.58$91,891
Sep 19946,080365,57815.29$92,963
Aug 19945,967349,64016.13$96,248
Jul 19946,050369,34517.56$106,238
Jun 19946,192365,39017.09$105,821
May 19945,981325,15815.88$94,978
Apr 19946,851410,45914.14$96,873
Mar 19947,138384,26312.46$88,939
Feb 19944,146251,30012.50$51,825
Jan 19946,079289,44312.66$76,960
Dec 1993046,68812.33$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.

Oct 2008 — as filed, then multipliedworked
Condensate             0 bbl  × $ 75.24 =         $0
Gas                    7 Mcf  × $  6.92 =        $48

────────────────────────────────────────────────────
Month total                                      $48

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/148431 is the state's own key, not one this site invented.