STATE LEASE 70601

Operated by WAGNER OIL COMPANY (P-5 891175) in the GALVESTON ISLAND (DISCORBIS 4) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 157273District 03Field 33861440CondensateGasSaveExport
Value, all time
$4.4 M
Nov 1995 – Oct 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
144
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 leases and 1 wells, and the rule below applies to all of them.

Discovered
1995-11-14
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

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
CondensateDisposition5,149 bbl$104,154
GasProduction2,297,154 Mcf$4,320,529
Total$4,424,683

825,073 Mcf of this lease's gas, across 14 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 29.2038, -94.9636. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.20377, -94.96356 · 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
9,070 ft
1 wells filed one
Completion to plug
12.0 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 9,070 ft.

Completions filed
Nov 1995
1 of 1 wells
Plug dates filed
Nov 2007
1 of 1 wells

Last completion to plug: a median of 12.0 years across the 1 well that filed both dates, with the middle half between 12.0 years and 12.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1673023329,070 ftNov 1995Nov 2007Yes

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 (144)

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

144 months

Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 200694064.397.36$6,053
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 200403,33132.036.30$20,984
Dec 200303,91030.266.30$24,639
Nov 200303,88028.804.60$17,829
Oct 200304,39028.174.76$20,895
Sep 200304,55226.314.75$21,619
Aug 200301,17229.765.13$6,012
Jul 200303,09729.415.17$16,014
Jun 200304,47128.565.98$26,750
May 200305,41626.595.97$32,348
Apr 200306,38926.675.41$34,547
Mar 200306,87931.146.10$41,935
Feb 200307,17333.487.93$56,852
Jan 200304,89530.315.58$27,324
Dec 200204,95626.914.85$24,055
Nov 200207,11124.664.14$29,418
Oct 20021857,96126.464.23$38,563
Sep 200207,87627.443.64$28,631
Aug 200204,41925.963.16$13,982
Jul 200204,09524.583.06$12,538
Jun 200203,08823.733.34$10,308
May 200203,21524.663.58$11,523
Apr 200207,29723.653.51$25,629
Mar 200208,06222.003.10$25,014
Feb 200204,88218.222.38$11,598
Jan 200208,70017.172.38$20,668
Dec 200109,72616.932.36$22,996
Nov 200109,28118.072.41$22,326
Oct 2001010,06219.782.53$25,446
Sep 2001610,58124.262.25$23,967
Aug 2001011,11824.873.05$33,945
Jul 2001011,09523.933.20$35,472
Jun 200159,18524.563.82$35,248
May 200109,71125.524.31$41,828
Apr 200189,37424.685.34$50,211
Mar 200179,52324.545.38$51,372
Feb 200169,51127.755.77$55,017
Jan 20011111,15727.478.40$94,007
Dec 2000811,23926.889.12$102,743
Nov 200009,50932.215.66$53,802
Oct 200018311,52331.235.15$65,007
Sep 2000011,20131.875.19$58,094
Aug 2000513,60029.644.54$61,902
Jul 2000014,18428.534.09$58,009
Jun 2000011,63529.304.40$51,162
May 20001715,43127.263.68$57,246
Apr 2000715,44124.513.12$48,286
Mar 2000015,86828.422.86$45,379
Feb 2000014,71327.622.73$40,115
Jan 20001116,68825.272.48$41,673
Dec 199912616,29324.282.42$42,549
Nov 1999919,57223.192.43$47,847
Oct 19992516,74120.982.80$47,461
Sep 1999017,93221.752.62$46,961
Aug 199919218,10519.262.88$55,761
Jul 1999918,82317.892.37$44,816
Jun 1999918,33015.942.36$43,441
May 1999021,89215.792.32$50,812
Apr 1999020,44715.102.21$45,148
Mar 199918420,38512.471.84$39,769
Feb 1999921,8769.981.82$39,856
Jan 1999023,69010.381.90$45,010
Dec 1998023,2579.201.77$41,242
Nov 19981118,44110.892.19$40,427
Oct 199805,37312.421.97$10,581
Sep 199808,06712.592.08$16,801
Aug 199818814,39511.301.91$29,581
Jul 1998525,16211.742.24$56,353
Jun 1998025,92411.242.24$57,999
May 199818528,12612.622.21$64,390
Apr 1998031,59013.042.51$79,143
Mar 1998032,19912.802.31$74,362
Feb 199818630,87913.952.30$73,590
Jan 1998034,82014.702.15$75,030
Dec 199718931,35616.322.41$78,687
Nov 1997052,22018.193.09$161,269
Oct 199719041,93019.253.15$135,729
Sep 1997042,69917.742.95$126,170
Aug 199718840,85017.862.55$107,719
Jul 1997046,14017.582.25$103,674
Jun 199718444,07017.242.26$102,647
May 1997048,16418.972.31$111,187
Apr 199718247,41017.882.08$101,999
Mar 199718351,07018.951.94$102,500
Feb 199718547,24020.492.21$107,997
Jan 1997054,04023.483.54$191,285
Dec 199618356,25223.32$4,268
Nov 199618557,33321.97$4,064
Oct 199618160,40223.31$4,219
Sep 199618659,58722.22$4,133
Aug 199618467,04520.26$3,728
Jul 199618471,12619.55$3,597
Jun 199618563,52118.73$3,465
May 199618470,72719.43$3,575
Apr 199617163,97021.51$3,678
Mar 199618568,79119.38$3,585
Feb 199618159,46616.98$3,073
Jan 199614867,69617.07$2,526
Dec 1995045,12117.19$0
Nov 1995014,03616.00$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.

Apr 2006 — as filed, then multipliedworked
Condensate            94 bbl  × $ 64.39 =     $6,053
Gas                    0 Mcf  × $  7.36 =         $0

────────────────────────────────────────────────────
Month total                                   $6,053

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/157273 is the state's own key, not one this site invented.