FIELDS UNIT

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the LOMITA (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 177442District 03Field 545400022 tax incentive programmesCondensateGasSaveExport
Value, all time
$150 k
Jan 2000 – Sep 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
273
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1999-02-12
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 field rule took effect on 2002-12-20.

The Commission's schedule remark for this field reads: AND FIELD RETURNED TO STATEWIDE RULES.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112000-07-14141810
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition6 bbl$224
GasProduction36,985 Mcf$149,513
Total$149,737

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 29.7661, -96.6438. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.76606, -96.64380 · 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
14,869 ft
1 wells filed one
Completion to plug
22.7 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 14,869 ft.

Completions filed
Jan 2000
1 of 1 wells
Plug dates filed
Sep 2022
1 of 1 wells

Last completion to plug: a median of 22.7 years across the 1 well that filed both dates, with the middle half between 22.7 years and 22.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-089321721H14,869 ftJan 2000Sep 2022Yes

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 (273)

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

273 months

Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
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 20100172.633.98$4
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100270.364.91$10
May 20100771.124.24$30
Apr 20100081.694.12$0
Mar 201001178.394.39$48
Feb 201001073.585.44$54
Jan 201001374.365.96$78
Dec 200901171.445.48$60
Nov 200901274.593.75$45
Oct 200901172.544.11$45
Sep 200911365.543.06$105
Aug 20090867.423.22$26
Jul 200901261.133.46$42
Jun 20090066.163.90$0
May 200901354.743.93$51
Apr 200901346.773.59$47
Mar 200901542.144.06$61
Feb 20090032.814.63$0
Jan 200902135.865.37$113
Dec 200805137.105.98$305
Nov 200801955.496.86$130
Oct 200801975.246.92$132
Sep 2008046101.767.88$362
Aug 200800114.228.48$0
Jul 2008020131.0811.39$228
Jun 2008018131.3313.03$235
May 2008019123.1711.57$220
Apr 200806110.3110.45$63
Mar 2008036101.909.66$348
Feb 200801692.538.77$140
Jan 200802190.388.21$172
Dec 20070088.337.30$0
Nov 200705591.677.29$401
Oct 200704482.856.92$305
Sep 200706975.846.24$431
Aug 200703469.066.39$217
Jul 20070270.906.39$13
Jun 2007010962.007.55$823
May 200703558.747.85$275
Apr 20070059.617.81$0
Mar 2007011556.927.30$840
Feb 200706455.108.22$526
Jan 20070650.306.73$40
Dec 200605256.656.92$360
Nov 200606454.207.62$488
Oct 200601954.906.01$114
Sep 20060460.085.04$20
Aug 200616668.717.34$553
Jul 2006016669.376.34$1,053
Jun 2006014266.286.38$907
May 200603566.016.42$225
Apr 20060864.397.36$59
Mar 2006033156.707.08$2,344
Feb 20060057.597.75$0
Jan 20060760.598.93$63
Dec 200503554.9413.42$470
Nov 200505854.6910.59$614
Oct 200508758.3413.80$1,200
Sep 200504161.4512.08$495
Aug 20050061.519.80$0
Jul 200508355.697.84$651
Jun 200502,23652.337.38$16,504
May 20050045.226.65$0
Apr 20050549.207.36$37
Mar 200507250.377.15$515
Feb 20050045.226.31$0
Jan 200506443.166.32$405
Dec 200404939.866.75$331
Nov 2004015445.286.33$975
Oct 2004026949.706.52$1,753
Sep 200408643.245.28$454
Aug 2004013042.375.55$722
Jul 200404638.286.08$280
Jun 2004017736.106.43$1,139
May 200401137.486.49$71
Apr 2004033934.475.86$1,986
Mar 200409534.365.53$525
Feb 2004013232.455.51$727
Jan 2004026232.036.30$1,651
Dec 2003023130.266.30$1,456
Nov 2003033828.804.60$1,553
Oct 2003016628.174.76$790
Sep 2003017726.314.75$841
Aug 200306929.765.13$354
Jul 2003016329.415.17$843
Jun 2003018828.565.98$1,125
May 2003010826.595.97$645
Apr 2003039826.675.41$2,152
Mar 2003057231.146.10$3,487
Feb 2003014433.487.93$1,141
Jan 2003012930.315.58$720
Dec 2002030526.914.85$1,480
Nov 200208524.664.14$352
Oct 2002039326.464.23$1,662
Sep 2002027127.443.64$985
Aug 2002016525.963.16$522
Jul 2002038424.583.06$1,176
Jun 2002033923.733.34$1,132
May 2002032024.663.58$1,147
Apr 2002059723.653.51$2,097
Mar 2002035422.003.10$1,098
Feb 2002036818.222.38$874
Jan 2002152417.172.38$1,262
Dec 2001034616.932.36$818
Nov 2001030918.072.41$743
Oct 2001150419.782.53$1,294
Sep 2001016524.262.25$371
Aug 2001056824.873.05$1,734
Jul 2001022323.933.20$713
Jun 2001014024.563.82$535
May 2001019525.524.31$840
Apr 2001050324.685.34$2,684
Mar 2001015424.545.38$828
Feb 2001013227.755.77$761
Jan 2001014627.478.40$1,226
Dec 2000037826.889.12$3,448
Nov 2000028232.215.66$1,596
Oct 2000027931.235.15$1,436
Sep 2000015531.875.19$804
Aug 2000022229.644.54$1,008
Jul 2000074828.534.09$3,059
Jun 2000087929.304.40$3,865
May 200001,11927.263.68$4,118
Apr 200001,70424.513.12$5,310
Mar 200002,25228.422.86$6,440
Feb 200015,93827.622.73$16,218
Jan 200016,55425.272.48$16,282

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 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 72.63 =         $0
Gas                    1 Mcf  × $  3.98 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/177442 is the state's own key, not one this site invented.