REAMER

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 162507District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$278 k
Jan 1997 – Jan 2011
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
169
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 Gas112000-04-13141687
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
CondensateDisposition4,215 bbl$91,815
GasProduction62,503 Mcf$186,258
Total$278,073

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 30.5808, -95.9079. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.58078, -95.90788 · 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
17,095 ft
1 wells filed one
Completion to plug
14.0 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 17,095 ft.

Completions filed
Jan 1997
1 of 1 wells
Plug dates filed
Jan 2011
1 of 1 wells

Last completion to plug: a median of 14.0 years across the 1 well that filed both dates, with the middle half between 14.0 years and 14.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-18530591117,095 ftJan 1997Jan 2011Yes

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 (169)

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

169 months

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 2010193078.394.39$15,129
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 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 2006021768.717.34$1,593
Jul 2006015169.376.34$958
Jun 200609466.286.38$600
May 200606166.016.42$392
Apr 2006018764.397.36$1,376
Mar 200607856.707.08$552
Feb 2006011457.597.75$884
Jan 20060060.598.93$0
Dec 200506654.9413.42$885
Nov 2005023454.6910.59$2,478
Oct 200503058.3413.80$414
Sep 2005014261.4512.08$1,715
Aug 20050061.519.80$0
Jul 200508055.697.84$627
Jun 200504552.337.38$332
May 200508245.226.65$545
Apr 2005019949.207.36$1,465
Mar 200508150.377.15$580
Feb 2005010045.226.31$631
Jan 2005028543.166.32$1,802
Dec 200401339.866.75$88
Nov 2004034745.286.33$2,197
Oct 200408049.706.52$521
Sep 200403843.245.28$201
Aug 2004053842.375.55$2,986
Jul 200404838.286.08$292
Jun 200408836.106.43$566
May 200406037.486.49$390
Apr 200407534.475.86$439
Mar 2004021534.365.53$1,189
Feb 20040932.455.51$50
Jan 200402632.036.30$164
Dec 200301630.266.30$101
Nov 200305928.804.60$271
Oct 2003012828.174.76$609
Sep 200301326.314.75$62
Aug 200304529.765.13$231
Jul 200302329.415.17$119
Jun 2003030028.565.98$1,795
May 200306826.595.97$406
Apr 200318814426.675.41$5,793
Mar 2003036531.146.10$2,225
Feb 20033033.487.93$100
Jan 20032030.315.58$61
Dec 2002027526.914.85$1,335
Nov 20021024.664.14$25
Oct 20020026.464.23$0
Sep 20021027.443.64$27
Aug 200213625.963.16$140
Jul 2002031824.583.06$974
Jun 2002032723.733.34$1,092
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 200201818.222.38$43
Jan 200207217.172.38$171
Dec 20011837316.932.36$3,271
Nov 20010018.072.41$0
Oct 2001018119.782.53$458
Sep 2001016424.262.25$369
Aug 2001035424.873.05$1,081
Jul 2001010223.933.20$326
Jun 200102424.563.82$92
May 2001011125.524.31$478
Apr 2001010824.685.34$576
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 2001022527.478.40$1,890
Dec 2000012326.889.12$1,122
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000012731.875.19$659
Aug 2000010729.644.54$486
Jul 2000016928.534.09$691
Jun 200017719129.304.40$6,026
May 2000032727.263.68$1,203
Apr 2000043424.513.12$1,352
Mar 200003228.422.86$92
Feb 200007827.622.73$213
Jan 2000016825.272.48$417
Dec 19990024.282.42$0
Nov 19995023.192.43$116
Oct 1999010320.982.80$289
Sep 1999030021.752.62$786
Aug 1999036319.262.88$1,044
Jul 199907417.892.37$176
Jun 199904115.942.36$97
May 1999015115.792.32$350
Apr 199908115.102.21$179
Mar 1999024012.471.84$441
Feb 19991773499.981.82$2,401
Jan 1999017910.381.90$340
Dec 199804059.201.77$718
Nov 1998018710.892.19$409
Oct 199818242512.421.97$3,097
Sep 1998059412.592.08$1,237
Aug 1998056811.301.91$1,083
Jul 1998047411.742.24$1,060
Jun 1998060411.242.24$1,351
May 199818350912.622.21$3,432
Apr 1998069513.042.51$1,741
Mar 199818658112.802.31$3,723
Feb 1998074713.952.30$1,717
Jan 199801,39314.702.15$3,002
Dec 1997048316.322.41$1,165
Nov 1997087618.193.09$2,705
Oct 19971871,33719.253.15$7,811
Sep 19971821,44017.742.95$7,484
Aug 19971852,47017.862.55$9,614
Jul 1997086617.582.25$1,946
Jun 19971731,04217.242.26$5,335
May 19971763,68318.972.31$11,841
Apr 19971724,81717.882.08$13,108
Mar 19975535,93118.951.94$21,980
Feb 19975489,15220.492.21$31,417
Jan 199755712,25523.483.54$56,457

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.

Mar 2010 — as filed, then multipliedworked
Condensate           193 bbl  × $ 78.39 =    $15,129
Gas                    0 Mcf  × $  4.39 =         $0

────────────────────────────────────────────────────
Month total                                  $15,129

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/162507 is the state's own key, not one this site invented.