BUSCH GAS UNIT O/A

Operated by KAISER-FRANCIS OIL COMPANY (P-5 450175) in the MILTON, N. (13000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 157012District 03Field 617598002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Jun 1995 – Feb 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
273
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 32 leases and 32 wells, and the rule below applies to all of them.

Discovered
1963-11-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,700 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1994-01-10.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST, EFF 9-1-94.

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 Gas112000-02-04141423
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
CondensateDisposition18,558 bbl$400,310
GasProduction1,999,291 Mcf$4,655,943
Total$5,056,253

818,856 Mcf of this lease's gas, across 19 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 29.9880, -95.4476. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.98795, -95.44755 · 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
12,360 ft
1 wells filed one
Completion to plug
22.7 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 12,360 ft.

Completions filed
Jun 1995
1 of 1 wells
Plug dates filed
Feb 2018
1 of 1 wells

Last completion to plug: a median of 22.7 years across the 1 well that filed both dates, with the middle half between 22.7 years and 22.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-201324103LT12,360 ftJun 1995Feb 2018Yes

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 (273)

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

273 months

Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
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 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
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 20080075.246.92$0
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 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 200764069.066.39$4,420
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 2007080556.927.30$5,878
Feb 2007764,78855.108.22$43,526
Jan 200705,50050.306.73$36,998
Dec 200605,47856.656.92$37,899
Nov 2006865,69154.207.62$48,012
Oct 200604,00654.906.01$24,091
Sep 2006825,24260.085.04$31,332
Aug 200605,57468.717.34$40,913
Jul 200605,30969.376.34$33,674
Jun 2006815,47466.286.38$40,314
May 200605,33666.016.42$34,284
Apr 2006765,51364.397.36$45,472
Mar 200605,51956.707.08$39,091
Feb 2006734,56157.597.75$39,557
Jan 200605,30860.598.93$47,418
Dec 2005875,57954.9413.42$79,624
Nov 2005764,86954.6910.59$55,711
Oct 200505,03058.3413.80$69,393
Sep 200504,09361.4512.08$49,439
Aug 2005815,25061.519.80$56,416
Jul 2005885,62255.697.84$48,998
Jun 200505,69852.337.38$42,057
May 2005855,74945.226.65$42,081
Apr 200505,28849.207.36$38,922
Mar 2005845,43950.377.15$43,146
Feb 200504,98345.226.31$31,452
Jan 2005735,16743.166.32$35,817
Dec 200404,90039.866.75$33,080
Nov 2004805,23545.286.33$36,762
Oct 2004775,43249.706.52$39,217
Sep 200405,80843.245.28$30,689
Aug 2004755,37942.375.55$33,035
Jul 200405,82038.286.08$35,410
Jun 2004734,90336.106.43$34,176
May 200405,50937.486.49$35,779
Apr 2004695,88034.475.86$36,826
Mar 2004806,46534.365.53$38,501
Feb 2004635,89532.455.51$34,524
Jan 2004615,92232.036.30$39,260
Dec 200306,01130.266.30$37,879
Nov 200305,79628.804.60$26,634
Oct 2003796,76128.174.76$34,405
Sep 200305,91326.314.75$28,083
Aug 200306,80029.765.13$34,882
Jul 2003366,05329.415.17$32,358
Jun 200305,95228.565.98$35,611
May 20031057,15826.595.97$45,544
Apr 200305,92526.675.41$32,038
Mar 2003647,72631.146.10$49,091
Feb 200307,65633.487.93$60,681
Jan 20031217,89030.315.58$47,710
Dec 200208,53326.914.85$41,417
Nov 2002728,11824.664.14$35,359
Oct 2002859,58626.464.23$42,789
Sep 2002010,10127.443.64$36,719
Aug 2002607,09825.963.16$24,017
Jul 2002689,77424.583.06$31,597
Jun 2002636,52223.733.34$23,267
May 2002749,46524.663.58$35,747
Apr 200209,16423.653.51$32,187
Mar 20021699,50922.003.10$33,222
Feb 2002818,62418.222.38$21,964
Jan 200209,66017.172.38$22,949
Dec 20011519,77516.932.36$25,668
Nov 20011009,66718.072.41$25,061
Oct 2001010,17519.782.53$25,731
Sep 2001769,39824.262.25$23,002
Aug 200109,85024.873.05$30,074
Jul 200119010,33223.933.20$37,579
Jun 200109,84524.563.82$37,649
May 20018610,39825.524.31$46,982
Apr 20018110,48924.685.34$57,961
Mar 20018410,75524.545.38$59,885
Feb 20011429,81027.755.77$60,516
Jan 20016310,74027.478.40$91,933
Dec 20007410,75626.889.12$100,111
Nov 20008610,64632.215.66$63,005
Oct 20008710,92131.235.15$58,911
Sep 20009410,79331.875.19$58,974
Aug 20008811,62629.644.54$55,399
Jul 20008111,77928.534.09$50,484
Jun 20008712,32929.304.40$56,763
May 2000699,89227.263.68$38,281
Apr 2000437,16724.513.12$23,386
Mar 20006412,07928.422.86$36,362
Feb 20006711,96727.622.73$34,479
Jan 20007813,46625.272.48$35,373
Dec 199915113,94024.282.42$37,453
Nov 199918517,24723.192.43$46,269
Oct 19998716,62020.982.80$48,423
Sep 1999669,30821.752.62$25,812
Aug 199915510,59119.262.88$33,441
Jul 1999976,43617.892.37$17,004
Jun 199911010,67715.942.36$26,974
May 199910211,62915.792.32$28,602
Apr 199911110,27715.102.21$24,368
Mar 199925811,66812.471.84$24,667
Feb 199912812,4119.981.82$23,838
Jan 199912412,96710.381.90$25,924
Dec 199825419,3899.201.77$36,720
Nov 19982264,77810.892.19$12,905
Oct 199812813,18212.421.97$27,548
Sep 1998014,52912.592.08$30,258
Aug 199837316,76011.301.91$36,182
Jul 199813013,58611.742.24$31,922
Jun 199827015,29811.242.24$37,261
May 19981328,04112.622.21$19,407
Apr 199813613,64413.042.51$35,956
Mar 199828018,30812.802.31$45,865
Feb 199825716,94913.952.30$42,553
Jan 199812211,20414.702.15$25,936
Dec 199711017,02116.322.41$42,835
Nov 199721525,79218.193.09$83,563
Oct 1997726,44719.253.15$21,693
Sep 19971627,27517.742.95$24,371
Aug 199710817,41017.862.55$46,407
Jul 199719121,39017.582.25$51,420
Jun 199720123,84417.242.26$57,286
May 199717016,60218.972.31$41,551
Apr 199718114,90217.882.08$34,274
Mar 199722825,90718.951.94$54,558
Feb 199732423,50920.492.21$58,497
Jan 199721726,42823.483.54$98,642
Dec 199621827,53723.32$5,084
Nov 199633227,45421.97$7,294
Oct 199623031,44123.31$5,361
Sep 199645029,01222.22$9,999
Aug 199632032,86520.26$6,483
Jul 199635034,29319.55$6,843
Jun 199626636,30118.73$4,982
May 199652538,57119.43$10,201
Apr 199637638,76521.51$8,088
Mar 199639741,26019.38$7,694
Feb 199651540,42116.98$8,745
Jan 199654150,21817.07$9,235
Dec 199550050,02317.19$8,595
Nov 199544653,27016.00$7,136
Oct 199556260,06915.43$8,672
Sep 199554861,21216.18$8,867
Aug 199563570,09515.92$10,109
Jul 199562880,92515.24$9,571
Jun 1995015,12416.41$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.

Aug 2007 — as filed, then multipliedworked
Condensate            64 bbl  × $ 69.06 =     $4,420
Gas                    0 Mcf  × $  6.39 =         $0

────────────────────────────────────────────────────
Month total                                   $4,420

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/157012 is the state's own key, not one this site invented.