DAVIS, E. F. TRUST

Name: DAVIS, E. F. TRUST lease production and value, Sep 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by NORTH CENTRAL OIL CORP. (P-5 613760) in the MANVEL (MIOCENE 2900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 170771District 03Field 57233536GasSave Export

Value, all time

$3.7 M

Sep 1998 – Nov 2003

Value, last 12 filed months

at the published price for each month

Months reported

no gaps in the span

Streams

gas

The MANVEL (MIOCENE 2900) 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered

1999-04-01

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

The Commission's schedule remark for this field reads: “FIELD ADMINISTRATIVELY BALANCED EFF 5-1-99 PER OPERATOR REQUEST”

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
Gas	Production	1,124,674 Mcf	$3,705,281
Total			$3,705,281

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 29.4958, -95.3054. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.49583, -95.30537 · 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

3,513 ft

1 wells filed one

Completion to plug

5.2 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 3,513 ft.

Completions filed

Sep 1998

1 of 1 wells

Plug dates filed

Nov 2003

1 of 1 wells

Last completion to plug: a median of 5.2 years across the 1 well that filed both dates, with the middle half between 5.2 years and 5.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-03932656	5	3,513 ft	Sep 1998	Nov 2003	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 (63)

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

63 months


Nov 2003	0	28.80	4.60	$0
Oct 2003	0	28.17	4.76	$0
Sep 2003	0	26.31	4.75	$0
Aug 2003	0	29.76	5.13	$0
Jul 2003	0	29.41	5.17	$0
Jun 2003	0	28.56	5.98	$0
May 2003	0	26.59	5.97	$0
Apr 2003	0	26.67	5.41	$0
Mar 2003	0	31.14	6.10	$0
Feb 2003	0	33.48	7.93	$0
Jan 2003	0	30.31	5.58	$0
Dec 2002	0	26.91	4.85	$0
Nov 2002	0	24.66	4.14	$0
Oct 2002	0	26.46	4.23	$0
Sep 2002	14	27.44	3.64	$51
Aug 2002	11	25.96	3.16	$35
Jul 2002	0	24.58	3.06	$0
Jun 2002	326	23.73	3.34	$1,088
May 2002	154	24.66	3.58	$552
Apr 2002	25	23.65	3.51	$88
Mar 2002	9	22.00	3.10	$28
Feb 2002	36	18.22	2.38	$86
Jan 2002	557	17.17	2.38	$1,323
Dec 2001	6,051	16.93	2.36	$14,307
Nov 2001	16,950	18.07	2.41	$40,774
Oct 2001	20,738	19.78	2.53	$52,444
Sep 2001	18,907	24.26	2.25	$42,566
Aug 2001	18,907	24.87	3.05	$57,726
Jul 2001	16,838	23.93	3.20	$53,832
Jun 2001	18,407	24.56	3.82	$70,391
May 2001	19,690	25.52	4.31	$84,811
Apr 2001	18,545	24.68	5.34	$98,944
Mar 2001	21,721	24.54	5.38	$116,782
Feb 2001	21,149	27.75	5.77	$121,968
Jan 2001	24,985	27.47	8.40	$209,843
Dec 2000	18,651	26.88	9.12	$170,144
Nov 2000	10,304	32.21	5.66	$58,300
Oct 2000	17,134	31.23	5.15	$88,163
Sep 2000	23,983	31.87	5.19	$124,388
Aug 2000	35,595	29.64	4.54	$161,628
Jul 2000	33,688	28.53	4.09	$137,776
Jun 2000	20,164	29.30	4.40	$88,666
May 2000	33,011	27.26	3.68	$121,472
Apr 2000	37,927	24.51	3.12	$118,181
Mar 2000	42,478	28.42	2.86	$121,476
Feb 2000	43,267	27.62	2.73	$117,967
Jan 2000	49,411	25.27	2.48	$122,564
Dec 1999	49,466	24.28	2.42	$119,892
Nov 1999	51,400	23.19	2.43	$125,107
Oct 1999	57,940	20.98	2.80	$162,447
Sep 1999	58,585	21.75	2.62	$153,425
Aug 1999	61,332	19.26	2.88	$176,366
Jul 1999	63,818	17.89	2.37	$151,400
Jun 1999	61,570	15.94	2.36	$145,435
May 1999	42,515	15.79	2.32	$98,678
Apr 1999	7,776	15.10	2.21	$17,170
Mar 1999	1,626	12.47	1.84	$2,989
Feb 1999	2,035	9.98	1.82	$3,699
Jan 1999	22,952	10.38	1.90	$43,608
Dec 1998	24,989	9.20	1.77	$44,313
Nov 1998	24,061	10.89	2.19	$52,591
Oct 1998	4,976	12.42	1.97	$9,799
Sep 1998	0	12.59	2.08	$0

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 2002 — as filed, then multipliedworked

Gas                   14 Mcf  × $  3.64 =        $51

────────────────────────────────────────────────────
Month total                                      $51

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/170771 is the state's own key, not one this site invented.