STATE TRACT 98

Name: STATE TRACT 98 lease production and value, Sep 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by NEWFIELD EXPLORATION COMPANY (P-5 606617) in the UMBRELLA POINT, W. (LOX B) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 167542District 03Field 92394825CondensateGasSave Export

Value, all time

$21.2 M

Sep 1997 – Dec 2005

Value, last 12 filed months

at the published price for each month

Months reported

100

no gaps in the span

Streams

condensate, gas

The UMBRELLA POINT, W. (LOX B) field

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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered

1997-09-22

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.

Stream	Basis	Volume	Value
Condensate	Disposition	45,405 bbl	$649,214
Gas	Production	7,117,688 Mcf	$20,538,874
Total			$21,188,089

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 29.6315, -94.8775. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.63146, -94.87746 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

11,492 ft

1 wells filed one

Completion to plug

8.3 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 11,492 ft.

Completions filed

Sep 1997

1 of 1 wells

Plug dates filed

Dec 2005

1 of 1 wells

Last completion to plug: a median of 8.3 years across the 1 well that filed both dates, with the middle half between 8.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-07132090	1	11,492 ft	Sep 1997	Dec 2005	Yes

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 (100)

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

100 months


Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	143	31.14	6.10	$872
Feb 2003	181	14,008	33.48	7.93	$117,086
Jan 2003	183	23,299	30.31	5.58	$135,603
Dec 2002	346	31,037	26.91	4.85	$159,957
Nov 2002	386	30,530	24.66	4.14	$135,820
Oct 2002	417	30,911	26.46	4.23	$141,760
Sep 2002	400	29,083	27.44	3.64	$116,699
Aug 2002	457	33,725	25.96	3.16	$118,575
Jul 2002	208	33,286	24.58	3.06	$107,026
Jun 2002	189	31,852	23.73	3.34	$110,815
May 2002	142	35,296	24.66	3.58	$130,003
Apr 2002	103	35,283	23.65	3.51	$126,361
Mar 2002	138	33,766	22.00	3.10	$107,802
Feb 2002	190	30,704	18.22	2.38	$76,405
Jan 2002	235	34,151	17.17	2.38	$85,167
Dec 2001	185	35,650	16.93	2.36	$87,423
Nov 2001	163	34,990	18.07	2.41	$87,115
Oct 2001	154	36,898	19.78	2.53	$96,357
Sep 2001	162	35,558	24.26	2.25	$83,983
Aug 2001	175	34,067	24.87	3.05	$108,364
Jul 2001	147	45,513	23.93	3.20	$149,026
Jun 2001	249	71,379	24.56	3.82	$279,080
May 2001	240	58,511	25.52	4.31	$258,150
Apr 2001	0	75,707	24.68	5.34	$403,921
Mar 2001	0	73,674	24.54	5.38	$396,104
Feb 2001	0	70,453	27.75	5.77	$406,308
Jan 2001	0	81,375	27.47	8.40	$683,449
Dec 2000	0	85,268	26.88	9.12	$777,857
Nov 2000	0	81,468	32.21	5.66	$460,946
Oct 2000	0	91,905	31.23	5.15	$472,897
Sep 2000	0	95,687	31.87	5.19	$496,281
Aug 2000	0	86,298	29.64	4.54	$391,858
Jul 2000	0	81,103	28.53	4.09	$331,691
Jun 2000	0	81,103	29.30	4.40	$356,630
May 2000	0	79,617	27.26	3.68	$292,971
Apr 2000	0	77,387	24.51	3.12	$241,138
Mar 2000	0	78,601	28.42	2.86	$224,779
Feb 2000	0	69,340	27.62	2.73	$189,056
Jan 2000	0	80,299	25.27	2.48	$199,182
Dec 1999	0	73,264	24.28	2.42	$177,571
Nov 1999	0	64,601	23.19	2.43	$157,238
Oct 1999	0	64,390	20.98	2.80	$180,531
Sep 1999	0	60,352	21.75	2.62	$158,053
Aug 1999	0	64,456	19.26	2.88	$185,350
Jul 1999	0	45,795	17.89	2.37	$108,643
Jun 1999	0	33,589	15.94	2.36	$79,341
May 1999	54	16,694	15.79	2.32	$39,600
Apr 1999	13	5,061	15.10	2.21	$11,371
Mar 1999	920	118,733	12.47	1.84	$229,743
Feb 1999	1,450	164,810	9.98	1.82	$314,061
Jan 1999	0	187,882	10.38	1.90	$356,966
Dec 1998	1,440	223,488	9.20	1.77	$409,564
Nov 1998	3,061	279,893	10.89	2.19	$645,102
Oct 1998	1,990	237,003	12.42	1.97	$491,424
Sep 1998	2,708	260,615	12.59	2.08	$576,856
Aug 1998	3,795	339,044	11.30	1.91	$689,559
Jul 1998	2,609	262,836	11.74	2.24	$618,665
Jun 1998	1,891	267,060	11.24	2.24	$618,740
May 1998	2,877	312,072	12.62	2.21	$724,845
Apr 1998	2,789	316,879	13.04	2.51	$830,255
Mar 1998	3,345	344,057	12.80	2.31	$837,395
Feb 1998	3,536	311,809	13.95	2.30	$766,217
Jan 1998	1,008	135,720	14.70	2.15	$307,266
Dec 1997	3,295	366,925	16.32	2.41	$938,467
Nov 1997	3,137	319,792	18.19	3.09	$1,044,663
Oct 1997	195	153,749	19.25	3.15	$488,035
Sep 1997	242	18,194	17.74	2.95	$58,054

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 2003 — as filed, then multipliedworked

Condensate             0 bbl  × $ 31.14 =         $0
Gas                  143 Mcf  × $  6.10 =       $872

────────────────────────────────────────────────────
Month total                                     $872

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/167542 is the state's own key, not one this site invented.