KASPER UNIT

Operated by ENERVEST OPERATING, L.L.C. (P-5 252131) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 159999District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$520 k
Jul 1996 – Oct 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
220
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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 Gas111996-10-11135414
NGPA1none

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
CondensateDisposition7,600 bbl$176,871
GasProduction167,180 Mcf$343,371
Total$520,243

70,709 Mcf of this lease's gas, across 6 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 29.9043, -96.7262. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.90427, -96.72615 · 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
13,244 ft
1 wells filed one
Completion to plug
18.3 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 13,244 ft.

Completions filed
Jul 1996
1 of 1 wells
Plug dates filed
Oct 2014
1 of 1 wells

Last completion to plug: a median of 18.3 years across the 1 well that filed both dates, with the middle half between 18.3 years and 18.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-149330131OL13,244 ftJul 1996Oct 2014Yes

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 (220)

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

220 months

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 2012152085.133.02$12,940
Jun 20120079.822.52$0
May 201201391.612.49$32
Apr 2012013101.652.00$26
Mar 2012048105.052.22$107
Feb 20120117101.102.57$301
Jan 20120498.092.73$11
Dec 201104196.873.24$133
Nov 2011035995.723.31$1,189
Oct 20110084.983.65$0
Sep 201101483.623.99$56
Aug 201109483.404.15$390
Jul 2011033394.144.52$1,504
Jun 20110792.904.64$32
May 2011011198.134.40$489
Apr 20110426105.964.33$1,846
Mar 20110196.364.06$4
Feb 20110085.644.18$0
Jan 20110986.504.59$41
Dec 2010011085.734.35$478
Nov 201002080.843.80$76
Oct 2010014778.103.51$516
Sep 201004172.633.98$163
Aug 2010010473.684.42$460
Jul 2010010672.554.74$502
Jun 201004670.364.91$226
May 201008971.124.24$377
Apr 201009481.694.12$388
Mar 201009078.394.39$395
Feb 201009373.585.44$506
Jan 2010010274.365.96$608
Dec 2009013171.445.48$718
Nov 200907174.593.75$266
Oct 200909872.544.11$403
Sep 2009010665.543.06$325
Aug 2009010067.423.22$322
Jul 200907761.133.46$267
Jun 2009011866.163.90$460
May 200919211654.743.93$10,965
Apr 2009014246.773.59$509
Mar 200906342.144.06$256
Feb 2009012232.814.63$565
Jan 200907835.865.37$419
Dec 2008015237.105.98$909
Nov 200809055.496.86$617
Oct 2008015075.246.92$1,038
Sep 2008054101.767.88$425
Aug 2008097114.228.48$823
Jul 20080143131.0811.39$1,629
Jun 20080214131.3313.03$2,789
May 2008069123.1711.57$799
Apr 20080144110.3110.45$1,506
Mar 20080355101.909.66$3,431
Feb 2008035692.538.77$3,122
Jan 2008054290.388.21$4,448
Dec 200701188.337.30$80
Nov 200701191.677.29$80
Oct 200702682.856.92$180
Sep 200708475.846.24$525
Aug 200707069.066.39$447
Jul 2007112270.906.39$850
Jun 2007026362.007.55$1,985
May 2007030458.747.85$2,385
Apr 2007032259.617.81$2,513
Mar 2007141256.927.30$3,065
Feb 2007066855.108.22$5,488
Jan 2007013250.306.73$888
Dec 200605956.656.92$408
Nov 200601654.207.62$122
Oct 200603354.906.01$198
Sep 200604360.085.04$217
Aug 2006012468.717.34$910
Jul 200606269.376.34$393
Jun 200601566.286.38$96
May 20061014766.016.42$6,969
Apr 2006014564.397.36$1,067
Mar 2006018456.707.08$1,303
Feb 2006018857.597.75$1,457
Jan 2006021060.598.93$1,876
Dec 2005027854.9413.42$3,729
Nov 2005024154.6910.59$2,552
Oct 2005019258.3413.80$2,649
Sep 2005017161.4512.08$2,066
Aug 2005020661.519.80$2,018
Jul 2005023255.697.84$1,820
Jun 2005021252.337.38$1,565
May 2005024745.226.65$1,643
Apr 2005021749.207.36$1,597
Mar 2005029950.377.15$2,139
Feb 2005032845.226.31$2,070
Jan 2005049843.166.32$3,148
Dec 2004033039.866.75$2,228
Nov 2004026745.286.33$1,690
Oct 2004029849.706.52$1,942
Sep 2004031043.245.28$1,638
Aug 2004035042.375.55$1,943
Jul 2004041838.286.08$2,543
Jun 2004047636.106.43$3,062
May 2004055937.486.49$3,630
Apr 2004055434.475.86$3,246
Mar 2004055734.365.53$3,080
Feb 2004051732.455.51$2,848
Jan 200419147132.036.30$9,085
Dec 2003069930.266.30$4,405
Nov 2003015428.804.60$708
Oct 2003054228.174.76$2,580
Sep 2003043926.314.75$2,085
Aug 200318779429.765.13$9,638
Jul 2003091029.415.17$4,705
Jun 200308228.565.98$491
May 200307726.595.97$460
Apr 200305726.675.41$308
Mar 2003030131.146.10$1,835
Feb 2003016733.487.93$1,324
Jan 2003016430.315.58$915
Dec 200229026.914.85$491
Nov 2002024824.664.14$1,026
Oct 200203726.464.23$156
Sep 2002022827.443.64$829
Aug 2002054125.963.16$1,712
Jul 200219324.583.06$309
Jun 2002030923.733.34$1,032
May 2002018924.663.58$677
Apr 2002060123.653.51$2,111
Mar 2002046322.003.10$1,437
Feb 2002061118.222.38$1,452
Jan 2002024417.172.38$580
Dec 200120011116.932.36$3,648
Nov 2001137518.072.41$920
Oct 2001037619.782.53$951
Sep 2001087924.262.25$1,979
Aug 2001011224.873.05$342
Jul 2001015523.933.20$496
Jun 2001025724.563.82$983
May 2001059225.524.31$2,550
Apr 2001061124.685.34$3,260
Mar 2001070224.545.38$3,774
Feb 2001028727.755.77$1,655
Jan 2001089127.478.40$7,483
Dec 2000021426.889.12$1,952
Nov 20000332.215.66$17
Oct 200003131.235.15$160
Sep 200019049331.875.19$8,612
Aug 2000032829.644.54$1,489
Jul 2000051328.534.09$2,098
Jun 2000023829.304.40$1,047
May 2000046927.263.68$1,726
Apr 2000059824.513.12$1,863
Mar 2000039328.422.86$1,124
Feb 2000046727.622.73$1,273
Jan 200018932525.272.48$5,582
Dec 1999079224.282.42$1,920
Nov 1999033623.192.43$818
Oct 1999031720.982.80$889
Sep 1999065621.752.62$1,718
Aug 19991892219.262.88$2,998
Jul 1999069117.892.37$1,639
Jun 1999097915.942.36$2,313
May 199924192515.792.32$5,952
Apr 1999072515.102.21$1,601
Mar 1999078912.471.84$1,450
Feb 199918459.981.82$1,546
Jan 1999099110.381.90$1,883
Dec 19981811,1709.201.77$3,740
Nov 199811,22810.892.19$2,695
Oct 199801,39412.421.97$2,745
Sep 199801,70112.592.08$3,543
Aug 19981871,04811.301.91$4,112
Jul 1998018211.742.24$407
Jun 1998082911.242.24$1,855
May 19980812.622.21$18
Apr 19982011,17013.042.51$5,552
Mar 199801,11012.802.31$2,563
Feb 199801,49013.952.30$3,426
Jan 199801,76414.702.15$3,801
Dec 19972041,92916.322.41$7,980
Nov 199701,54018.193.09$4,756
Oct 19972002,12719.253.15$10,550
Sep 199712,09817.742.95$6,217
Aug 199701,84617.862.55$4,716
Jul 199702,55817.582.25$5,748
Jun 19973873,25817.242.26$14,026
May 199703,76818.972.31$8,698
Apr 199703,73617.882.08$7,781
Mar 19971924,93618.951.94$13,210
Feb 19971896,85720.492.21$18,998
Jan 19972134,29723.483.54$20,211
Dec 19961742,16123.32$4,058
Nov 19961807,23721.97$3,955
Oct 19965847,15923.31$13,613
Sep 19967469,80622.22$16,576
Aug 199693919,08120.26$19,024
Jul 19961,35325,26519.55$26,451

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 2012 — as filed, then multipliedworked
Condensate           152 bbl  × $ 85.13 =    $12,940
Gas                    0 Mcf  × $  3.02 =         $0

────────────────────────────────────────────────────
Month total                                  $12,940

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/159999 is the state's own key, not one this site invented.