STATE TRACT #1

Name: STATE TRACT #1 lease production and value, Oct 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LEGEND NATURAL GAS II, LP (P-5 495450) in the NASSAU BAY (ANOMALINA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 180385District 03Field 64542003CondensateGasSave

Value, all time

$29.5 M

Oct 2000 – Jun 2007

Value, last 12 filed months

$1.2 M

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

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	58,673 bbl	$1,587,393
Gas	Production	5,743,539 Mcf	$27,924,762
Total			$29,512,155

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 29.5581, -95.0650. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.55806, -95.06498 · 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

12,347 ft

1 wells filed one

Completion to plug

6.7 years

median over 1 wells

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 12,347 ft.

Completions filed

Oct 2000

1 of 1 wells

Plug dates filed

Jun 2007

1 of 1 wells

Last completion to plug: a median of 6.7 years across the 1 well that filed both dates, with the middle half between 6.7 years and 6.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-20132434	1	12,347 ft	Oct 2000	Jun 2007	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 (81)

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

81 months


Jun 2007	0	0	62.00	7.55	$0
May 2007	184	0	58.74	7.85	$10,808
Apr 2007	0	418	59.61	7.81	$3,263
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	9,643	50.30	6.73	$64,867
Dec 2006	150	8,097	56.65	6.92	$64,516
Nov 2006	0	20,237	54.20	7.62	$154,155
Oct 2006	165	24,750	54.90	6.01	$157,900
Sep 2006	176	30,602	60.08	5.04	$164,722
Aug 2006	0	39,272	68.71	7.34	$288,253
Jul 2006	184	40,605	69.37	6.34	$270,312
Jun 2006	0	13,128	66.28	6.38	$83,808
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	244	64.39	7.36	$1,796
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	586	57.59	7.75	$4,542
Jan 2006	179	15,748	60.59	8.93	$151,528
Dec 2005	179	39,138	54.94	13.42	$534,886
Nov 2005	184	43,491	54.69	10.59	$470,563
Oct 2005	181	51,536	58.34	13.80	$721,538
Sep 2005	177	43,458	61.45	12.08	$535,806
Aug 2005	172	12,841	61.51	9.80	$136,381
Jul 2005	178	48,325	55.69	7.84	$388,957
Jun 2005	0	6,327	52.33	7.38	$46,700
May 2005	0	158	45.22	6.65	$1,051
Apr 2005	182	12,785	49.20	7.36	$103,058
Mar 2005	187	42,084	50.37	7.15	$310,525
Feb 2005	179	48,095	45.22	6.31	$311,666
Jan 2005	358	58,652	43.16	6.32	$386,261
Dec 2004	548	61,187	39.86	6.75	$434,922
Nov 2004	180	60,347	45.28	6.33	$390,172
Oct 2004	544	63,141	49.70	6.52	$438,407
Sep 2004	181	54,918	43.24	5.28	$298,008
Aug 2004	358	67,348	42.37	5.55	$388,994
Jul 2004	162	43,303	38.28	6.08	$269,665
Jun 2004	168	30,010	36.10	6.43	$199,120
May 2004	359	68,332	37.48	6.49	$457,243
Apr 2004	542	73,593	34.47	5.86	$449,824
Mar 2004	367	78,281	34.36	5.53	$445,515
Feb 2004	568	77,311	32.45	5.51	$444,386
Jan 2004	567	89,221	32.03	6.30	$580,221
Dec 2003	553	94,543	30.26	6.30	$612,510
Nov 2003	549	90,373	28.80	4.60	$431,090
Oct 2003	735	95,239	28.17	4.76	$474,008
Sep 2003	743	96,645	26.31	4.75	$478,550
Aug 2003	544	100,006	29.76	5.13	$529,192
Jul 2003	726	103,442	29.41	5.17	$556,234
Jun 2003	725	102,409	28.56	5.98	$633,415
May 2003	1,095	109,823	26.59	5.97	$685,054
Apr 2003	1,089	109,649	26.67	5.41	$621,946
Mar 2003	723	116,589	31.14	6.10	$733,245
Feb 2003	1,126	106,940	33.48	7.93	$885,292
Jan 2003	1,135	117,944	30.31	5.58	$692,770
Dec 2002	1,117	121,561	26.91	4.85	$620,086
Nov 2002	1,130	118,270	24.66	4.14	$517,144
Oct 2002	1,461	119,686	26.46	4.23	$544,825
Sep 2002	1,102	123,239	27.44	3.64	$478,237
Aug 2002	1,464	121,178	25.96	3.16	$421,432
Jul 2002	1,441	133,568	24.58	3.06	$444,373
Jun 2002	1,841	132,733	23.73	3.34	$486,782
May 2002	1,481	141,609	24.66	3.58	$544,048
Apr 2002	1,840	139,669	23.65	3.51	$534,078
Mar 2002	1,859	138,641	22.00	3.10	$471,062
Feb 2002	1,501	132,495	18.22	2.38	$342,114
Jan 2002	2,238	151,998	17.17	2.38	$399,525
Dec 2001	2,205	163,050	16.93	2.36	$422,846
Nov 2001	2,575	168,116	18.07	2.41	$450,937
Oct 2001	2,599	177,943	19.78	2.53	$501,405
Sep 2001	2,739	175,321	24.26	2.25	$461,152
Aug 2001	2,731	182,979	24.87	3.05	$626,584
Jul 2001	2,898	174,693	23.93	3.20	$627,857
Jun 2001	2,691	149,827	24.56	3.82	$639,053
May 2001	918	68,651	25.52	4.31	$319,129
Apr 2001	0	54	24.68	5.34	$288
Mar 2001	0	7	24.54	5.38	$38
Feb 2001	0	8,714	27.75	5.77	$50,254
Jan 2001	903	69,470	27.47	8.40	$608,267
Dec 2000	899	77,700	26.88	9.12	$732,983
Nov 2000	1,277	73,320	32.21	5.66	$455,977
Oct 2000	461	58,233	31.23	5.15	$314,035

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.

May 2007 — as filed, then multipliedworked

Condensate           184 bbl  × $ 58.74 =    $10,808
Gas                    0 Mcf  × $  7.85 =         $0

────────────────────────────────────────────────────
Month total                                  $10,808

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/180385 is the state's own key, not one this site invented.