JOSEY RANCH GAS UNIT NO. 3

Name: JOSEY RANCH GAS UNIT NO. 3 lease production and value, Dec 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MILAGRO EXPLORATION, LLC (P-5 566789) in the CYPRESS, DEEP (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 154325District 03Field 22444500NGPA filingCondensateGasSave Export

Value, all time

$13.8 M

Dec 1994 – Jan 2014

Value, last 12 filed months

$19 k

at the published price for each month

Months reported

230

no gaps in the span

Streams

condensate, gas

The CYPRESS, DEEP (WILCOX) 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 20 leases and 20 wells, and the rule below applies to all of them.

Discovered

1996-08-22

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1996-08-22.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 09/01/97.”

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	62,054 bbl	$1,277,186
Gas	Production	5,721,333 Mcf	$12,507,673
Total			$13,784,859

2,136,932 Mcf of this lease's gas, across 23 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 29.9473, -95.7446. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.94731, -95.74455 · 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

13,296 ft

1 wells filed one

Completion to plug

7 months

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 13,296 ft.

Completions filed

Mar 2013

1 of 1 wells

Plug dates filed

Oct 2013

1 of 1 wells

Last completion to plug: a median of 7 months across the 1 well that filed both dates, with the middle half between 7 months and 7 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-20132399	3	13,296 ft	Mar 2013	Oct 2013	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 (230)

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

230 months


Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	142	0	102.52	3.72	$14,558
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	447	93.62	3.91	$1,749
Feb 2013	0	861	91.23	3.42	$2,945
Jan 2013	0	1,082	91.60	3.42	$3,700
Dec 2012	0	854	86.77	3.42	$2,921
Nov 2012	0	613	86.95	3.62	$2,222
Oct 2012	0	623	89.38	3.40	$2,118
Sep 2012	0	763	94.67	2.92	$2,227
Aug 2012	0	712	92.66	2.91	$2,071
Jul 2012	0	743	85.13	3.02	$2,244
Jun 2012	0	567	79.82	2.52	$1,428
May 2012	0	663	91.61	2.49	$1,650
Apr 2012	0	703	101.65	2.00	$1,404
Mar 2012	0	400	105.05	2.22	$889
Feb 2012	0	775	101.10	2.57	$1,992
Jan 2012	0	656	98.09	2.73	$1,794
Dec 2011	0	896	96.87	3.24	$2,903
Nov 2011	0	1,033	95.72	3.31	$3,421
Oct 2011	0	932	84.98	3.65	$3,400
Sep 2011	0	855	83.62	3.99	$3,408
Aug 2011	0	865	83.40	4.15	$3,589
Jul 2011	0	969	94.14	4.52	$4,377
Jun 2011	0	924	92.90	4.64	$4,287
May 2011	0	808	98.13	4.40	$3,559
Apr 2011	0	697	105.96	4.33	$3,020
Mar 2011	0	826	96.36	4.06	$3,351
Feb 2011	0	731	85.64	4.18	$3,056
Jan 2011	0	893	86.50	4.59	$4,098
Dec 2010	0	885	85.73	4.35	$3,848
Nov 2010	0	1,610	80.84	3.80	$6,110
Oct 2010	0	1,865	78.10	3.51	$6,544
Sep 2010	0	1,931	72.63	3.98	$7,684
Aug 2010	0	2,072	73.68	4.42	$9,157
Jul 2010	0	2,210	72.55	4.74	$10,468
Jun 2010	0	2,122	70.36	4.91	$10,420
May 2010	0	1,861	71.12	4.24	$7,882
Apr 2010	0	2,059	81.69	4.12	$8,489
Mar 2010	0	2,213	78.39	4.39	$9,712
Feb 2010	0	1,872	73.58	5.44	$10,188
Jan 2010	0	2,240	74.36	5.96	$13,360
Dec 2009	0	1,662	71.44	5.48	$9,114
Nov 2009	0	1,360	74.59	3.75	$5,102
Oct 2009	0	908	72.54	4.11	$3,732
Sep 2009	0	771	65.54	3.06	$2,363
Aug 2009	0	688	67.42	3.22	$2,214
Jul 2009	0	669	61.13	3.46	$2,318
Jun 2009	92	939	66.16	3.90	$9,744
May 2009	0	726	54.74	3.93	$2,850
Apr 2009	0	784	46.77	3.59	$2,813
Mar 2009	0	627	42.14	4.06	$2,545
Feb 2009	0	1,376	32.81	4.63	$6,375
Jan 2009	0	1,992	35.86	5.37	$10,699
Dec 2008	0	2,609	37.10	5.98	$15,594
Nov 2008	189	3,974	55.49	6.86	$37,751
Oct 2008	0	4,224	75.24	6.92	$29,238
Sep 2008	0	3,733	101.76	7.88	$29,405
Aug 2008	0	3,579	114.22	8.48	$30,361
Jul 2008	0	4,649	131.08	11.39	$52,949
Jun 2008	0	3,948	131.33	13.03	$51,453
May 2008	0	4,945	123.17	11.57	$57,235
Apr 2008	187	3,816	110.31	10.45	$60,524
Mar 2008	0	4,428	101.90	9.66	$42,793
Feb 2008	0	4,290	92.53	8.77	$37,626
Jan 2008	1	6,141	90.38	8.21	$50,482
Dec 2007	2	2,043	88.33	7.30	$15,095
Nov 2007	0	1,199	91.67	7.29	$8,743
Oct 2007	2	4,090	82.85	6.92	$28,477
Sep 2007	144	4,787	75.84	6.24	$40,812
Aug 2007	9	6,290	69.06	6.39	$40,802
Jul 2007	0	6,037	70.90	6.39	$38,564
Jun 2007	1	5,680	62.00	7.55	$42,937
May 2007	193	7,135	58.74	7.85	$67,320
Apr 2007	6	6,314	59.61	7.81	$49,640
Mar 2007	0	7,250	56.92	7.30	$52,939
Feb 2007	0	6,359	55.10	8.22	$52,246
Jan 2007	190	6,446	50.30	6.73	$52,918
Dec 2006	0	7,531	56.65	6.92	$52,103
Nov 2006	0	7,509	54.20	7.62	$57,200
Oct 2006	0	6,502	54.90	6.01	$39,102
Sep 2006	189	7,298	60.08	5.04	$48,117
Aug 2006	0	6,837	68.71	7.34	$50,183
Jul 2006	0	7,035	69.37	6.34	$44,621
Jun 2006	3	7,519	66.28	6.38	$48,199
May 2006	190	7,073	66.01	6.42	$57,986
Apr 2006	2	7,178	64.39	7.36	$52,962
Mar 2006	0	7,632	56.70	7.08	$54,057
Feb 2006	0	7,414	57.59	7.75	$57,467
Jan 2006	195	6,937	60.59	8.93	$73,785
Dec 2005	18	7,827	54.94	13.42	$105,991
Nov 2005	209	7,789	54.69	10.59	$93,903
Oct 2005	15	6,833	58.34	13.80	$95,142
Sep 2005	11	7,200	61.45	12.08	$87,645
Aug 2005	7	7,988	61.51	9.80	$78,688
Jul 2005	7	7,183	55.69	7.84	$56,731
Jun 2005	234	6,653	52.33	7.38	$61,351
May 2005	5	7,433	45.22	6.65	$49,664
Apr 2005	11	7,030	49.20	7.36	$52,285
Mar 2005	6	7,146	50.37	7.15	$51,431
Feb 2005	0	7,260	45.22	6.31	$45,825
Jan 2005	1	7,548	43.16	6.32	$47,763
Dec 2004	180	8,268	39.86	6.75	$62,993
Nov 2004	2	8,494	45.28	6.33	$53,861
Oct 2004	160	7,933	49.70	6.52	$59,636
Sep 2004	2	7,818	43.24	5.28	$41,396
Aug 2004	172	9,288	42.37	5.55	$58,842
Jul 2004	2	8,577	38.28	6.08	$52,261
Jun 2004	1	9,532	36.10	6.43	$61,356
May 2004	181	10,052	37.48	6.49	$72,067
Apr 2004	6	10,038	34.47	5.86	$59,014
Mar 2004	3	10,708	34.36	5.53	$59,320
Feb 2004	183	10,470	32.45	5.51	$63,624
Jan 2004	3	10,763	32.03	6.30	$67,899
Dec 2003	162	11,866	30.26	6.30	$79,677
Nov 2003	181	9,330	28.80	4.60	$48,086
Oct 2003	2	12,600	28.17	4.76	$60,028
Sep 2003	2	11,577	26.31	4.75	$55,036
Aug 2003	199	12,800	29.76	5.13	$71,583
Jul 2003	2	11,769	29.41	5.17	$60,914
Jun 2003	2	11,670	28.56	5.98	$69,878
May 2003	1	11,880	26.59	5.97	$70,982
Apr 2003	191	11,420	26.67	5.41	$66,845
Mar 2003	3	13,601	31.14	6.10	$83,006
Feb 2003	192	13,176	33.48	7.93	$110,860
Jan 2003	1	14,690	30.31	5.58	$82,030
Dec 2002	191	14,029	26.91	4.85	$73,233
Nov 2002	4	14,370	24.66	4.14	$59,547
Oct 2002	1	15,830	26.46	4.23	$66,973
Sep 2002	1	16,231	27.44	3.64	$59,030
Aug 2002	1	16,583	25.96	3.16	$52,497
Jul 2002	195	16,959	24.58	3.06	$56,717
Jun 2002	1	16,490	23.73	3.34	$55,071
May 2002	191	17,448	24.66	3.58	$67,244
Apr 2002	1	17,990	23.65	3.51	$63,210
Mar 2002	1	19,484	22.00	3.10	$60,475
Feb 2002	1	17,897	18.22	2.38	$42,536
Jan 2002	201	19,869	17.17	2.38	$50,654
Dec 2001	1	20,147	16.93	2.36	$47,653
Nov 2001	1	19,653	18.07	2.41	$47,294
Oct 2001	198	21,066	19.78	2.53	$57,190
Sep 2001	2	20,632	24.26	2.25	$46,498
Aug 2001	366	21,309	24.87	3.05	$74,162
Jul 2001	0	21,870	23.93	3.20	$69,920
Jun 2001	3	21,665	24.56	3.82	$82,924
May 2001	337	22,390	25.52	4.31	$105,041
Apr 2001	191	22,596	24.68	5.34	$125,271
Mar 2001	199	24,416	24.54	5.38	$136,155
Feb 2001	4	21,916	27.75	5.77	$126,502
Jan 2001	4	23,087	27.47	8.40	$194,012
Dec 2000	390	23,076	26.88	9.12	$220,994
Nov 2000	182	22,999	32.21	5.66	$135,991
Oct 2000	180	24,958	31.23	5.15	$134,043
Sep 2000	375	25,210	31.87	5.19	$142,703
Aug 2000	3	25,945	29.64	4.54	$117,899
Jul 2000	518	26,625	28.53	4.09	$123,668
Jun 2000	192	26,805	29.30	4.40	$123,494
May 2000	375	29,799	27.26	3.68	$119,875
Apr 2000	202	29,380	24.51	3.12	$96,499
Mar 2000	387	31,468	28.42	2.86	$100,989
Feb 2000	4	29,192	27.62	2.73	$79,702
Jan 2000	7	31,729	25.27	2.48	$78,881
Dec 1999	381	35,138	24.28	2.42	$94,415
Nov 1999	208	33,577	23.19	2.43	$86,550
Oct 1999	379	33,684	20.98	2.80	$102,392
Sep 1999	197	35,506	21.75	2.62	$97,270
Aug 1999	187	38,271	19.26	2.88	$113,654
Jul 1999	187	41,394	17.89	2.37	$101,547
Jun 1999	355	41,150	15.94	2.36	$102,859
May 1999	370	44,551	15.79	2.32	$109,246
Apr 1999	189	35,122	15.10	2.21	$80,405
Mar 1999	189	29,863	12.47	1.84	$57,255
Feb 1999	530	25,636	9.98	1.82	$51,890
Jan 1999	171	31,295	10.38	1.90	$61,234
Dec 1998	382	34,039	9.20	1.77	$63,876
Nov 1998	376	31,538	10.89	2.19	$73,028
Oct 1998	689	39,469	12.42	1.97	$86,280
Sep 1998	373	45,993	12.59	2.08	$100,482
Aug 1998	368	53,296	11.30	1.91	$105,813
Jul 1998	564	61,856	11.74	2.24	$145,010
Jun 1998	563	62,648	11.24	2.24	$146,489
May 1998	565	66,582	12.62	2.21	$154,033
Apr 1998	564	67,167	13.04	2.51	$175,630
Mar 1998	574	74,132	12.80	2.31	$178,551
Feb 1998	756	74,147	13.95	2.30	$181,020
Jan 1998	939	86,034	14.70	2.15	$199,189
Dec 1997	741	85,001	16.32	2.41	$217,039
Nov 1997	728	84,185	18.19	3.09	$273,227
Oct 1997	812	95,007	19.25	3.15	$314,886
Sep 1997	926	103,605	17.74	2.95	$322,568
Aug 1997	1,287	106,890	17.86	2.55	$296,062
Jul 1997	754	102,434	17.58	2.25	$243,418
Jun 1997	738	65,491	17.24	2.26	$160,549
May 1997	905	86,116	18.97	2.31	$215,967
Apr 1997	1,137	82,715	17.88	2.08	$192,607
Mar 1997	958	87,221	18.95	1.94	$187,288
Feb 1997	946	77,357	20.49	2.21	$190,025
Jan 1997	1,141	92,204	23.48	3.54	$353,165
Dec 1996	1,333	99,785	23.32	—	$31,086
Nov 1996	1,152	94,252	21.97	—	$25,309
Oct 1996	1,344	96,049	23.31	—	$31,329
Sep 1996	1,488	96,366	22.22	—	$33,063
Aug 1996	1,118	99,190	20.26	—	$22,651
Jul 1996	1,484	88,166	19.55	—	$29,012
Jun 1996	1,496	91,471	18.73	—	$28,020
May 1996	528	54,510	19.43	—	$10,259
Apr 1996	1,257	93,370	21.51	—	$27,038
Mar 1996	1,691	107,104	19.38	—	$32,772
Feb 1996	1,519	111,366	16.98	—	$25,793
Jan 1996	1,543	107,849	17.07	—	$26,339
Dec 1995	1,882	106,011	17.19	—	$32,352
Nov 1995	1,646	124,255	16.00	—	$26,336
Oct 1995	1,849	121,200	15.43	—	$28,530
Sep 1995	1,828	116,622	16.18	—	$29,577
Aug 1995	1,859	120,168	15.92	—	$29,595
Jul 1995	1,855	119,433	15.24	—	$28,270
Jun 1995	1,882	103,864	16.41	—	$30,884
May 1995	2,219	125,053	17.56	—	$38,966
Apr 1995	948	53,027	17.73	—	$16,808
Mar 1995	0	5,129	16.44	—	$0
Feb 1995	0	2,692	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	0	15.03	—	$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.

Jul 2013 — as filed, then multipliedworked

Condensate           142 bbl  × $102.52 =    $14,558
Gas                    0 Mcf  × $  3.72 =         $0

────────────────────────────────────────────────────
Month total                                  $14,558

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/154325 is the state's own key, not one this site invented.