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Operated by ZACKSON RESOURCES, INC. (P-5 950484) in the WEED (HACKBERRY, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 177623District 03Field 95799500CondensateGasSaveExport
Value, all time
$2.0 M
Apr 2000 – Sep 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
42
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1957-11-03
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1959-12-30.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST EFF 11-1-95

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
CondensateDisposition1,289 bbl$36,993
GasProduction359,315 Mcf$1,934,529
Total$1,971,522

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 29.9959, -94.2199. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.99591, -94.21993 · 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
8,350 ft
1 wells filed one
Completion to plug
2.1 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 8,350 ft.

Completions filed
Apr 2000
1 of 1 wells
Plug dates filed
May 2002
1 of 1 wells

Last completion to plug: a median of 2.1 years across the 1 well that filed both dates, with the middle half between 2.1 years and 2.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2453223818,350 ftApr 2000May 2002Yes

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 (42)

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

42 months

Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002057023.653.51$2,002
Mar 2002058922.003.10$1,828
Feb 2002053218.222.38$1,264
Jan 2002058917.172.38$1,399
Dec 2001080516.932.36$1,903
Nov 2001087018.072.41$2,093
Oct 200105,07919.782.53$12,844
Sep 200104,70824.262.25$10,599
Aug 200104,23824.873.05$12,939
Jul 200125,19123.933.20$16,644
Jun 200102,44524.563.82$9,350
May 200103,03125.524.31$13,055
Apr 200115212,77424.685.34$71,905
Mar 200115220,99724.545.38$116,619
Feb 200116621,02627.755.77$125,865
Jan 2001023,22727.478.40$195,078
Dec 200015728,32526.889.12$262,615
Nov 200016134,03232.215.66$197,739
Oct 200015943,77031.235.15$230,184
Sep 200018347,61831.875.19$252,803
Aug 200015746,37629.644.54$215,235
Jul 2000041,06928.534.09$167,962
Jun 2000010,85329.304.40$47,723
May 20000027.263.68$0
Apr 2000060124.513.12$1,873

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 2002 — as filed, then multipliedworked
Condensate             0 bbl  × $ 23.65 =         $0
Gas                  570 Mcf  × $  3.51 =     $2,002

────────────────────────────────────────────────────
Month total                                   $2,002

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/177623 is the state's own key, not one this site invented.