KORENEK

Operated by HOUSTON PETROLEUM COMPANY (P-5 404500) in the DANBURY, SOUTH (FRIO 11,700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 172989District 03Field 22959750CondensateGasSaveExport
Value, all time
$1.1 M
Nov 1998 – Jun 2006
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
92
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1977-04-27
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: FIELD ADMINISTRATIVELY BALANCED EFF 8-1-99 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.

StreamBasisVolumeValue
CondensateDisposition5,388 bbl$130,961
GasProduction275,214 Mcf$942,022
Total$1,072,983

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 29.2425, -95.3230. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.24246, -95.32296 · 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
12,550 ft
1 wells filed one
Completion to plug
7.4 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 12,550 ft.

Completions filed
Nov 1998
1 of 1 wells
Plug dates filed
Apr 2006
1 of 1 wells

Last completion to plug: a median of 7.4 years across the 1 well that filed both dates, with the middle half between 7.4 years and 7.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-03932657412,550 ftNov 1998Apr 2006Yes

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 (92)

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

92 months

Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 2006525664.397.36$3,760
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 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20051902149.207.36$9,503
Mar 2005028050.377.15$2,003
Feb 2005026645.226.31$1,679
Jan 2005047943.166.32$3,028
Dec 2004047439.866.75$3,200
Nov 2004087745.286.33$5,552
Oct 2004075149.706.52$4,893
Sep 2004039243.245.28$2,071
Aug 2004061342.375.55$3,403
Jul 2004044838.286.08$2,726
Jun 2004031236.106.43$2,007
May 2004060737.486.49$3,942
Apr 2004044334.475.86$2,595
Mar 2004062234.365.53$3,440
Feb 2004060232.455.51$3,317
Jan 2004058132.036.30$3,660
Dec 200318444230.266.30$8,353
Nov 2003058328.804.60$2,679
Oct 2003064228.174.76$3,056
Sep 2003091926.314.75$4,365
Aug 200301,04729.765.13$5,371
Jul 2003054929.415.17$2,839
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 2003039826.675.41$2,152
Mar 200319897231.146.10$12,091
Feb 2003090533.487.93$7,173
Jan 200301,04430.315.58$5,828
Dec 200201,13626.914.85$5,514
Nov 2002043224.664.14$1,787
Oct 200201,26626.464.23$5,354
Sep 20021952,29827.443.64$13,704
Aug 200202,52825.963.16$7,999
Jul 200202,78924.583.06$8,539
Jun 200202,81123.733.34$9,384
May 20021952,98224.663.58$15,496
Apr 200203,14423.653.51$11,043
Mar 200203,28822.003.10$10,202
Feb 200203,49618.222.38$8,305
Jan 20021973,88117.172.38$12,603
Dec 200103,84816.932.36$9,098
Nov 200103,33318.072.41$8,018
Oct 200103,58619.782.53$9,069
Sep 20013503,76524.262.25$16,967
Aug 200104,10424.873.05$12,530
Jul 200104,43023.933.20$14,163
Jun 200104,40624.563.82$16,849
May 20011994,62125.524.31$24,983
Apr 200103,99924.685.34$21,336
Mar 20011954,12024.545.38$26,936
Feb 200103,27027.755.77$18,858
Jan 200104,17727.478.40$35,082
Dec 20003374,94526.889.12$54,169
Nov 200004,97332.215.66$28,137
Oct 200005,63631.235.15$29,000
Sep 20003405,66431.875.19$40,212
Aug 200006,10029.644.54$27,699
Jul 20003866,28128.534.09$36,700
Jun 200006,28829.304.40$27,650
May 200006,67127.263.68$24,548
Apr 200006,71824.513.12$20,933
Mar 200007,04028.422.86$20,133
Feb 20003646,81727.622.73$28,640
Jan 200007,63125.272.48$18,929
Dec 199908,15924.282.42$19,775
Nov 19995548,56623.192.43$33,697
Oct 199907,39620.982.80$20,736
Sep 199907,14021.752.62$18,699
Aug 19993587,31819.262.88$27,939
Jul 199908,26717.892.37$19,612
Jun 199907,79415.942.36$18,410
May 19993548,11715.792.32$24,429
Apr 199909,15915.102.21$20,224
Mar 199938410,10112.471.84$23,357
Feb 19993569,5179.981.82$20,853
Jan 1999010,74210.381.90$20,409
Dec 199803,9869.201.77$7,068
Nov 199801,15310.892.19$2,520

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 2006 — as filed, then multipliedworked
Condensate            52 bbl  × $ 64.39 =     $3,348
Gas                   56 Mcf  × $  7.36 =       $412

────────────────────────────────────────────────────
Month total                                   $3,760

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/172989 is the state's own key, not one this site invented.