QUE PASA "D"

Operated by SOUTHWEST RESOURCES, INC. (P-5 806471) 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 164025District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$28.4 M
Jul 1997 – Oct 2021
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
292
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 Gas111997-09-19137091
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
CondensateDisposition4,518 bbl$107,263
GasProduction8,034,137 Mcf$28,258,657
Total$28,365,920

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 30.4671, -96.0944. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.46708, -96.09442 · 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
15,820 ft
1 wells filed one
Completion to plug
24.2 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 15,820 ft.

Completions filed
Jul 1997
1 of 1 wells
Plug dates filed
Sep 2021
1 of 1 wells

Last completion to plug: a median of 24.2 years across the 1 well that filed both dates, with the middle half between 24.2 years and 24.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-185306174H15,820 ftJul 1997Sep 2021Yes

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 (292)

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

292 months

Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202137069.493.38$2,571
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200639.982.39$14
Jul 202001838.371.83$33
Jun 202004034.901.69$68
May 202007616.921.81$138
Apr 2020010414.751.80$188
Mar 202004130.341.86$76
Feb 202002449.881.98$48
Jan 202004457.252.09$92
Dec 201904959.012.30$113
Nov 201902955.302.75$80
Oct 201903353.472.42$80
Sep 201904355.052.66$114
Aug 201904053.112.30$92
Jul 201905156.272.46$125
Jun 201906452.782.49$159
May 201908958.482.74$244
Apr 2019019462.632.75$534
Mar 2019030856.803.06$943
Feb 2019027250.852.79$759
Jan 2019022646.033.23$730
Dec 2018025346.594.19$1,059
Nov 2018035052.934.24$1,483
Oct 2018051461.443.40$1,747
Sep 2018070459.543.11$2,188
Aug 2018058259.403.07$1,785
Jul 2018053165.142.93$1,557
Jun 201808560.183.08$262
May 2018011565.382.90$334
Apr 2018012963.842.90$374
Mar 201801861.222.79$50
Feb 2018010261.782.77$282
Jan 201809962.874.01$397
Dec 2017013457.272.92$391
Nov 201708655.423.12$268
Oct 201709849.292.98$292
Sep 201708747.523.09$269
Aug 2017021245.373.00$637
Jul 2017011343.873.09$349
Jun 2017014942.493.09$460
May 2017013545.373.26$441
Apr 2017022847.933.21$732
Mar 201705746.772.98$170
Feb 2017025950.452.95$765
Jan 2017018249.413.42$622
Dec 2016030948.763.72$1,150
Nov 201606942.492.64$182
Oct 201608546.193.09$263
Sep 2016020041.553.10$620
Aug 2016026041.442.92$760
Jul 2016016441.622.92$480
Jun 201609845.352.69$263
May 201609842.521.99$195
Apr 2016020536.561.99$408
Mar 2016010933.011.79$196
Feb 2016017426.472.06$359
Jan 2016021727.352.36$513
Dec 2015017232.362.00$344
Nov 201505738.792.17$124
Oct 2015012643.552.43$306
Sep 201509442.992.76$259
Aug 201505640.162.87$161
Jul 2015011648.152.95$342
Jun 2015012456.152.88$357
May 2015021755.212.96$641
Apr 201507249.822.71$195
Mar 2015015442.892.93$452
Feb 2015017144.662.98$509
Jan 2015013443.433.10$415
Dec 2014018654.693.59$668
Nov 2014021070.464.25$893
Oct 2014021378.303.90$831
Sep 2014021186.164.05$854
Aug 2014020289.394.04$815
Jul 2014021996.564.18$915
Jun 2014027798.164.74$1,312
May 2014022694.734.73$1,068
Apr 2014033995.944.81$1,630
Mar 2014035995.895.06$1,815
Feb 20147741697.406.19$10,076
Jan 2014038690.404.86$1,876
Dec 2013044291.824.35$1,925
Nov 2013028788.853.74$1,073
Oct 2013042597.423.78$1,606
Sep 20130262104.113.72$974
Aug 20130216104.253.52$761
Jul 20130214102.523.72$796
Jun 2013020894.403.93$818
May 2013026894.834.15$1,112
Apr 2013018793.964.28$801
Mar 2013037993.623.91$1,483
Feb 2013040191.233.42$1,371
Jan 2013074491.603.42$2,544
Dec 2012059286.773.42$2,025
Nov 2012042586.953.62$1,541
Oct 2012046489.383.40$1,577
Sep 2012065694.672.92$1,914
Aug 2012057992.662.91$1,684
Jul 201201,26485.133.02$3,818
Jun 201201,38979.822.52$3,499
May 201201,36591.612.49$3,397
Apr 20120574101.652.00$1,146
Mar 20120870105.052.22$1,933
Feb 201201,071101.102.57$2,753
Jan 201201,37898.092.73$3,768
Dec 201101,92196.873.24$6,224
Nov 201102,20195.723.31$7,288
Oct 201101,99884.983.65$7,290
Sep 201102,08383.623.99$8,302
Aug 201102,42383.404.15$10,054
Jul 201102,08794.144.52$9,427
Jun 201102,12392.904.64$9,850
May 201101,90298.134.40$8,378
Apr 201101,641105.964.33$7,111
Mar 201102,20196.364.06$8,930
Feb 201102,17085.644.18$9,071
Jan 201102,34586.504.59$10,761
Dec 201002,38285.734.35$10,356
Nov 201002,37580.843.80$9,014
Oct 201002,66478.103.51$9,348
Sep 201002,77272.633.98$11,031
Aug 201002,75673.684.42$12,180
Jul 201003,29572.554.74$15,607
Jun 201003,26670.364.91$16,037
May 201003,70171.124.24$15,675
Apr 201003,59681.694.12$14,825
Mar 201003,64078.394.39$15,975
Feb 201003,86273.585.44$21,018
Jan 201004,21974.365.96$25,163
Dec 200903,97971.445.48$21,820
Nov 200904,80774.593.75$18,033
Oct 200905,08872.544.11$20,913
Sep 200905,06965.543.06$15,535
Aug 2009185,09267.423.22$17,602
Jul 200905,78861.133.46$20,053
Jun 200905,31266.163.90$20,690
May 200906,14654.743.93$24,128
Apr 200904,04546.773.59$14,511
Mar 200904,96942.144.06$20,169
Feb 200904,96732.814.63$23,012
Jan 2009239435.865.37$2,188
Dec 2008033437.105.98$1,996
Nov 2008494855.496.86$6,726
Oct 2008479575.246.92$5,804
Sep 200802,588101.767.88$20,386
Aug 200809,887114.228.48$83,872
Jul 200808,899131.0811.39$101,355
Jun 200819,352131.3313.03$122,012
May 200849,201123.1711.57$106,988
Apr 2008411,231110.3110.45$117,860
Mar 2008109,712101.909.66$94,876
Feb 2008110,14192.538.77$89,035
Jan 2008210,68090.388.21$87,818
Dec 200707,52988.337.30$54,977
Nov 200707,76491.677.29$56,613
Oct 2007312,97682.856.92$90,068
Sep 2007011,89375.846.24$74,262
Aug 200787,35169.066.39$47,510
Jul 2007013,35270.906.39$85,292
Jun 2007413,96562.007.55$105,662
May 2007310,57958.747.85$83,182
Apr 200799,37259.617.81$73,687
Mar 2007013,50456.927.30$98,606
Feb 2007014,28555.108.22$117,366
Jan 2007012,65150.306.73$85,101
Dec 2006114,58056.656.92$100,928
Nov 2006010,94054.207.62$83,335
Oct 2006018,35254.906.01$110,365
Sep 2006112,42760.085.04$62,657
Aug 2006014,72168.717.34$108,051
Jul 200605,78969.376.34$36,718
Jun 20063314,05566.286.38$91,913
May 2006817,60166.016.42$113,615
Apr 20063518,49464.397.36$138,378
Mar 2006015,91956.707.08$112,753
Feb 2006119,41457.597.75$150,538
Jan 200639,19560.598.93$82,324
Dec 2005415,94054.9413.42$214,061
Nov 2005721,86854.6910.59$231,930
Oct 2005313,00358.3413.80$179,561
Sep 2005112,50961.4512.08$151,158
Aug 2005020,19161.519.80$197,808
Jul 2005418,50455.697.84$145,361
Jun 2005021,16252.337.38$156,198
May 2005215,82645.226.65$105,352
Apr 2005020,50649.207.36$150,934
Mar 2005321,89850.377.15$156,829
Feb 2005419,11345.226.31$120,821
Jan 2005523,19843.166.32$146,878
Dec 2004520,52339.866.75$138,752
Nov 2004524,06945.286.33$152,593
Oct 20041225,73049.706.52$168,230
Sep 2004525,97243.245.28$137,450
Aug 2004527,81642.375.55$154,609
Jul 2004726,22338.286.08$159,813
Jun 2004526,10636.106.43$168,121
May 2004627,40537.486.49$178,209
Apr 2004827,61434.475.86$162,051
Mar 200412728,98134.365.53$164,633
Feb 200421327,78232.455.51$159,980
Jan 2004530,93232.036.30$195,021
Dec 2003032,39430.266.30$204,135
Nov 2003030,78828.804.60$141,476
Oct 2003034,45328.174.76$163,984
Sep 2003034,62526.314.75$164,447
Aug 2003230,85229.765.13$158,322
Jul 2003027,27529.415.17$141,035
Jun 2003231,78728.565.98$190,237
May 2003437,40726.595.97$223,526
Apr 2003240,34826.675.41$218,226
Mar 2003241,40731.146.10$252,481
Feb 2003132,51433.487.93$257,736
Jan 2003436,04230.315.58$201,309
Dec 200218436,83626.914.85$183,745
Nov 2002435,43924.664.14$146,708
Oct 2002035,62226.464.23$150,650
Sep 2002038,94827.443.64$141,584
Aug 2002040,88725.963.16$129,373
Jul 2002034,17524.583.06$104,636
Jun 2002034,76423.733.34$116,051
May 2002043,49924.663.58$155,900
Apr 2002043,60923.653.51$153,169
Mar 200217044,77922.003.10$142,677
Feb 2002039,47518.222.38$93,780
Jan 2002047,41617.172.38$112,645
Dec 2001037,40116.932.36$88,431
Nov 2001039,37318.072.41$94,713
Oct 200117442,36119.782.53$110,568
Sep 2001029,15724.262.25$65,642
Aug 2001041,44224.873.05$126,529
Jul 2001045,62223.933.20$145,857
Jun 2001447,56724.563.82$182,002
May 200116749,82225.524.31$218,861
Apr 2001342,33424.685.34$225,939
Mar 2001153,68524.545.38$288,659
Feb 2001245,89727.755.77$264,747
Jan 2001648,76227.478.40$409,705
Dec 200017153,12726.889.12$489,248
Nov 2000352,47132.215.66$296,978
Oct 2000250,27331.235.15$258,742
Sep 2000262,12431.875.19$322,270
Aug 2000265,74229.644.54$298,577
Jul 2000168,31328.534.09$279,412
Jun 2000264,03429.304.40$281,632
May 2000166,05727.263.68$243,101
Apr 2000368,84324.513.12$214,588
Mar 200018372,89428.422.86$213,659
Feb 2000577,45327.622.73$211,314
Jan 2000356,48925.272.48$140,197
Dec 1999143,37424.282.42$105,151
Nov 1999248,59623.192.43$118,329
Oct 1999374,30720.982.80$208,398
Sep 199917963,31521.752.62$169,706
Aug 1999054,60019.262.88$157,008
Jul 1999273,03417.892.37$173,299
Jun 1999575,93115.942.36$179,436
May 1999184,02915.792.32$195,049
Apr 1999091,06515.102.21$201,076
Mar 1999190101,42612.471.84$188,824
Feb 1999291,6729.981.82$166,660
Jan 19995109,04310.381.90$207,228
Dec 1998193112,8349.201.77$201,866
Nov 1998175133,46710.892.19$293,627
Oct 1998172140,46812.421.97$278,747
Sep 19985148,05512.592.08$308,405
Aug 19984169,46911.301.91$323,282
Jul 19983190,47911.742.24$426,188
Jun 1998173193,85611.242.24$435,653
May 19985206,52912.622.21$455,736
Apr 19985213,93013.042.51$536,030
Mar 19986235,34112.802.31$543,583
Feb 19980228,88813.952.30$526,243
Jan 19981244,80314.702.15$527,514
Dec 1997171253,49116.322.41$613,983
Nov 19975244,46018.193.09$755,047
Oct 1997171254,15519.253.15$803,834
Sep 1997177273,06817.742.95$810,023
Aug 1997518321,73917.862.55$831,211
Jul 1997525311,14517.582.25$708,354

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.

Jun 2021 — as filed, then multipliedworked
Condensate            37 bbl  × $ 69.49 =     $2,571
Gas                    0 Mcf  × $  3.38 =         $0

────────────────────────────────────────────────────
Month total                                   $2,571

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/164025 is the state's own key, not one this site invented.