STATE TRACT 204

Operated by MASTERS OIL & GAS, LLC (P-5 532951) in the RED FISH REEF, NORTH (FRIO 15) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 169867District 03Field 75236750CondensateGasSaveExport
Value, all time
$265 k
Jul 1998 – Jan 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
163
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 6 leases and 7 wells, and the rule below applies to all of them.

Discovered
1953-08-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/96.

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
CondensateDisposition1,046 bbl$15,706
GasProduction109,191 Mcf$249,556
Total$265,261

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 29.5765, -94.8739. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.57650, -94.87389 · 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
12,150 ft
1 wells filed one
Completion to plug
13.5 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 12,150 ft.

Completions filed
Jul 1998
1 of 1 wells
Plug dates filed
Jan 2012
1 of 1 wells

Last completion to plug: a median of 13.5 years across the 1 well that filed both dates, with the middle half between 13.5 years and 13.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-07132109112,150 ftJul 1998Jan 2012Yes

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 (163)

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

163 months

Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
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 20100078.394.39$0
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 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
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 200508961.4512.08$1,075
Aug 200501661.519.80$157
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 200502049.207.36$147
Mar 200507550.377.15$537
Feb 200509945.226.31$625
Jan 200508943.166.32$563
Dec 2004010939.866.75$736
Nov 2004010545.286.33$665
Oct 200409649.706.52$625
Sep 200409643.245.28$507
Aug 200408942.375.55$494
Jul 2004013638.286.08$827
Jun 200407636.106.43$489
May 200404537.486.49$292
Apr 200405434.475.86$316
Mar 200406234.365.53$343
Feb 2004013532.455.51$744
Jan 200409132.036.30$573
Dec 2003072830.266.30$4,588
Nov 200307028.804.60$322
Oct 200307728.174.76$366
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 200309829.415.17$507
Jun 2003030028.565.98$1,795
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 2003010531.146.10$640
Feb 2003015133.487.93$1,197
Jan 20030030.315.58$0
Dec 2002017526.914.85$849
Nov 2002015024.664.14$621
Oct 2002015026.464.23$634
Sep 2002015027.443.64$545
Aug 2002015025.963.16$475
Jul 2002015024.583.06$459
Jun 20020023.733.34$0
May 200205024.663.58$179
Apr 200205023.653.51$176
Mar 200203022.003.10$93
Feb 200205018.222.38$119
Jan 200206017.172.38$143
Dec 200106016.932.36$142
Nov 20010018.072.41$0
Oct 200105019.782.53$126
Sep 200101024.262.25$23
Aug 200101024.873.05$31
Jul 200101023.933.20$32
Jun 2001341524.563.82$892
May 2001016725.524.31$719
Apr 2001018824.685.34$1,003
Mar 2001037824.545.38$2,032
Feb 2001050727.755.77$2,924
Jan 2001052327.478.40$4,393
Dec 20005812826.889.12$2,727
Nov 20009117532.215.66$3,921
Oct 2000016931.235.15$870
Sep 2000045931.875.19$2,381
Aug 2000053029.644.54$2,407
Jul 2000089128.534.09$3,644
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 200005728.422.86$163
Feb 200003727.622.73$101
Jan 200004125.272.48$102
Dec 199903524.282.42$85
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 199901021.752.62$26
Aug 199901819.262.88$52
Jul 199901217.892.37$28
Jun 1999013715.942.36$324
May 199904915.792.32$114
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 19990169.981.82$29
Jan 19990010.381.90$0
Dec 19980479.201.77$83
Nov 1998442,14910.892.19$5,176
Oct 199820011,61312.421.97$25,352
Sep 199831334,89412.592.08$76,612
Aug 199826341,40511.301.91$81,946
Jul 19984310,22511.742.24$23,381

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.

Sep 2005 — as filed, then multipliedworked
Condensate             0 bbl  × $ 61.45 =         $0
Gas                   89 Mcf  × $ 12.08 =     $1,075

────────────────────────────────────────────────────
Month total                                   $1,075

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/169867 is the state's own key, not one this site invented.