DUNCAN, I. V. "461"

Operated by JAMEX, INC. (P-5 429659) in the LISSIE, SOUTH (FRIO 4350) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 181388District 03Field 53919200CondensateGasSaveExport
Value, all time
$1.1 M
Jan 2001 – Nov 2004
Value, last 12 filed months
$536
at the published price for each month
Months reported
47
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1958-03-25
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

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/2001.

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
CondensateDisposition11 bbl$324
GasProduction266,314 Mcf$1,125,907
Total$1,126,230

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 29.5194, -96.2493. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.51939, -96.24929 · 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
4,600 ft
1 wells filed one
Completion to plug
3.5 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 4,600 ft.

Completions filed
Jan 2001
1 of 1 wells
Plug dates filed
Jul 2004
1 of 1 wells

Last completion to plug: a median of 3.5 years across the 1 well that filed both dates, with the middle half between 3.5 years and 3.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4813423514,600 ftJan 2001Jul 2004Yes

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 (47)

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

47 months

Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 200308530.266.30$536
Nov 20030028.804.60$0
Oct 200304228.174.76$200
Sep 200307926.314.75$375
Aug 2003025929.765.13$1,329
Jul 20031184029.415.17$4,667
Jun 200307,32528.565.98$43,825
May 200308,64626.595.97$51,640
Apr 200308,36926.675.41$45,254
Mar 200308,43631.146.10$51,426
Feb 200308,82833.487.93$69,970
Jan 200309,51530.315.58$53,113
Dec 200207,50026.914.85$36,403
Nov 200207,09824.664.14$29,364
Oct 200206,91726.464.23$29,253
Sep 200207,61427.443.64$27,678
Aug 200206,88225.963.16$21,776
Jul 200206,44324.583.06$19,727
Jun 200204,88223.733.34$16,297
May 200205,06624.663.58$18,157
Apr 200207,58423.653.51$26,637
Mar 200209,31822.003.10$28,911
Feb 200209,17718.222.38$21,802
Jan 2002011,50417.172.38$27,330
Dec 2001011,74316.932.36$27,765
Nov 2001011,85718.072.41$28,522
Oct 2001010,80719.782.53$27,330
Sep 2001010,43724.262.25$23,497
Aug 2001010,76424.873.05$32,864
Jul 200109,49623.933.20$30,359
Jun 200109,11824.563.82$34,869
May 2001010,99425.524.31$47,355
Apr 200108,11024.685.34$43,269
Mar 200109,27824.545.38$49,883
Feb 200109,14027.755.77$52,711
Jan 2001012,16127.478.40$102,137

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.

Dec 2003 — as filed, then multipliedworked
Condensate             0 bbl  × $ 30.26 =         $0
Gas                   85 Mcf  × $  6.30 =       $536

────────────────────────────────────────────────────
Month total                                     $536

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/181388 is the state's own key, not one this site invented.