M HALF CIRCLE ET AL

Name: M HALF CIRCLE ET AL lease production and value, Mar 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WHITE OAK OPERATING COMPANY LLC (P-5 916954) in the M HALF CIRCLE (VKSBG UP LOX B) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 172832District 03Field 56216275CondensateGasSave Export

Value, all time

$29.0 M

Mar 1999 – Sep 2011

Value, last 12 filed months

at the published price for each month

Months reported

151

no gaps in the span

Streams

condensate, gas

The M HALF CIRCLE (VKSBG UP 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered

1999-03-18

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	299,751 bbl	$7,947,434
Gas	Production	5,128,333 Mcf	$21,055,379
Total			$29,002,813

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 29.8306, -94.1961. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.83058, -94.19612 · 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

13,615 ft

1 wells filed one

Completion to plug

12.5 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 13,615 ft.

Completions filed

Mar 1999

1 of 1 wells

Plug dates filed

Sep 2011

1 of 1 wells

Last completion to plug: a median of 12.5 years across the 1 well that filed both dates, with the middle half between 12.5 years and 12.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-24532183	1	13,615 ft	Mar 1999	Sep 2011	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 (151)

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

151 months


Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	1	1	81.69	4.12	$86
Mar 2010	2	2	78.39	4.39	$166
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	1	1	74.36	5.96	$80
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	206	0	42.14	4.06	$8,681
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	149	0	131.33	13.03	$19,568
May 2008	0	20	123.17	11.57	$231
Apr 2008	0	20	110.31	10.45	$209
Mar 2008	0	20	101.90	9.66	$193
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	495	82.85	6.92	$3,426
Sep 2007	0	5,389	75.84	6.24	$33,650
Aug 2007	386	17,572	69.06	6.39	$138,906
Jul 2007	192	6,949	70.90	6.39	$58,003
Jun 2007	566	14,197	62.00	7.55	$142,257
May 2007	931	20,186	58.74	7.85	$213,072
Apr 2007	920	18,866	59.61	7.81	$202,094
Mar 2007	742	19,584	56.92	7.30	$185,236
Feb 2007	554	16,368	55.10	8.22	$165,005
Jan 2007	772	17,816	50.30	6.73	$158,677
Dec 2006	780	17,651	56.65	6.92	$166,304
Nov 2006	764	17,067	54.20	7.62	$171,416
Oct 2006	958	18,665	54.90	6.01	$164,842
Sep 2006	936	19,344	60.08	5.04	$153,674
Aug 2006	763	19,754	68.71	7.34	$197,419
Jul 2006	763	21,647	69.37	6.34	$190,231
Jun 2006	191	5,699	66.28	6.38	$49,041
May 2006	957	18,508	66.01	6.42	$182,085
Apr 2006	963	21,011	64.39	7.36	$216,659
Mar 2006	1,088	20,056	56.70	7.08	$203,745
Feb 2006	768	17,062	57.59	7.75	$176,479
Jan 2006	1,050	21,911	60.59	8.93	$259,357
Dec 2005	804	20,920	54.94	13.42	$324,822
Nov 2005	562	14,805	54.69	10.59	$187,497
Oct 2005	941	13,992	58.34	13.80	$247,928
Sep 2005	367	12,503	61.45	12.08	$173,576
Aug 2005	1,084	19,626	61.51	9.80	$258,950
Jul 2005	716	18,799	55.69	7.84	$187,327
Jun 2005	891	18,031	52.33	7.38	$179,714
May 2005	904	18,397	45.22	6.65	$163,240
Apr 2005	722	17,440	49.20	7.36	$163,889
Mar 2005	896	17,696	50.37	7.15	$171,744
Feb 2005	837	15,205	45.22	6.31	$133,822
Jan 2005	796	16,122	43.16	6.32	$136,282
Dec 2004	846	16,355	39.86	6.75	$144,135
Nov 2004	608	14,225	45.28	6.33	$117,580
Oct 2004	768	14,360	49.70	6.52	$131,726
Sep 2004	760	15,167	43.24	5.28	$113,003
Aug 2004	763	16,604	42.37	5.55	$124,491
Jul 2004	623	12,686	38.28	6.08	$101,032
Jun 2004	551	9,226	36.10	6.43	$79,242
May 2004	614	10,142	37.48	6.49	$88,881
Apr 2004	588	11,708	34.47	5.86	$88,859
Mar 2004	554	13,036	34.36	5.53	$91,126
Feb 2004	786	14,398	32.45	5.51	$104,833
Jan 2004	1,115	19,474	32.03	6.30	$158,393
Dec 2003	962	17,813	30.26	6.30	$141,361
Nov 2003	955	18,490	28.80	4.60	$112,469
Oct 2003	1,269	19,582	28.17	4.76	$128,951
Sep 2003	865	19,233	26.31	4.75	$114,103
Aug 2003	1,199	19,171	29.76	5.13	$134,024
Jul 2003	1,374	24,714	29.41	5.17	$168,201
Jun 2003	1,528	30,080	28.56	5.98	$223,607
May 2003	1,961	31,832	26.59	5.97	$242,265
Apr 2003	1,792	34,967	26.67	5.41	$236,869
Mar 2003	2,169	36,029	31.14	6.10	$287,177
Feb 2003	1,627	31,234	33.48	7.93	$302,029
Jan 2003	2,330	39,606	30.31	5.58	$291,705
Dec 2002	2,491	39,535	26.91	4.85	$258,926
Nov 2002	1,966	41,646	24.66	4.14	$220,769
Oct 2002	2,471	40,170	26.46	4.23	$235,266
Sep 2002	1,942	42,348	27.44	3.64	$207,232
Aug 2002	2,644	43,499	25.96	3.16	$206,276
Jul 2002	2,146	42,862	24.58	3.06	$183,982
Jun 2002	2,254	42,703	23.73	3.34	$196,040
May 2002	3,001	44,953	24.66	3.58	$235,116
Apr 2002	2,428	45,524	23.65	3.51	$217,317
Mar 2002	2,746	50,708	22.00	3.10	$217,745
Feb 2002	2,626	48,632	18.22	2.38	$163,380
Jan 2002	3,519	55,548	17.17	2.38	$192,386
Dec 2001	2,953	56,074	16.93	2.36	$182,576
Nov 2001	3,464	61,303	18.07	2.41	$210,060
Oct 2001	3,730	62,536	19.78	2.53	$231,925
Sep 2001	3,923	65,337	24.26	2.25	$242,266
Aug 2001	3,735	69,787	24.87	3.05	$305,960
Jul 2001	4,223	73,543	23.93	3.20	$336,179
Jun 2001	4,920	74,593	24.56	3.82	$406,091
May 2001	4,293	78,352	25.52	4.31	$447,045
Apr 2001	3,920	66,288	24.68	5.34	$450,413
Mar 2001	4,679	68,994	24.54	5.38	$485,765
Feb 2001	3,222	61,399	27.75	5.77	$443,503
Jan 2001	5,301	72,315	27.47	8.40	$752,975
Dec 2000	3,990	73,299	26.88	9.12	$775,921
Nov 2000	4,689	73,122	32.21	5.66	$564,757
Oct 2000	4,791	78,615	31.23	5.15	$554,136
Sep 2000	4,462	81,206	31.87	5.19	$563,379
Aug 2000	5,604	86,384	29.64	4.54	$558,351
Jul 2000	4,950	90,620	28.53	4.09	$511,837
Jun 2000	5,450	87,182	29.30	4.40	$543,046
May 2000	5,605	91,068	27.26	3.68	$487,900
Apr 2000	5,607	89,134	24.51	3.12	$415,169
Mar 2000	5,757	99,053	28.42	2.86	$446,881
Feb 2000	5,606	80,889	27.62	2.73	$375,382
Jan 2000	6,381	101,547	25.27	2.48	$413,135
Dec 1999	7,237	108,253	24.28	2.42	$438,089
Nov 1999	6,720	107,031	23.19	2.43	$416,349
Oct 1999	8,483	122,208	20.98	2.80	$520,609
Sep 1999	12,376	213,000	21.75	2.62	$826,993
Aug 1999	15,115	236,679	19.26	2.88	$971,709
Jul 1999	19,833	318,004	17.89	2.37	$1,109,236
Jun 1999	18,806	298,528	15.94	2.36	$1,004,921
May 1999	16,045	250,929	15.79	2.32	$835,762
Apr 1999	1,453	38,942	15.10	2.21	$107,926
Mar 1999	664	4,462	12.47	1.84	$16,483

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.

Apr 2010 — as filed, then multipliedworked

Condensate             1 bbl  × $ 81.69 =        $82
Gas                    1 Mcf  × $  4.12 =         $4

────────────────────────────────────────────────────
Month total                                      $86

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/172832 is the state's own key, not one this site invented.