PHELAN GAS UNIT

Operated by NEWFIELD EXPLORATION COMPANY (P-5 606617) in the BINDWEED (LOWER HACKBERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 181481District 03Field 08265240CondensateGasSaveExport
Value, all time
$3.5 M
Feb 2001 – Dec 2004
Value, last 12 filed months
$65 k
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
2000-09-10
as the register files it
Field class
Oil and 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 12/01/2002.

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
CondensateDisposition165 bbl$4,899
GasProduction974,292 Mcf$3,457,365
Total$3,462,264

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 30.0244, -94.1617. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.02440, -94.16168 · 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
8,185 ft
1 wells filed one
Completion to plug
3.6 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 8,185 ft.

Completions filed
Feb 2001
1 of 1 wells
Plug dates filed
Sep 2004
1 of 1 wells

Last completion to plug: a median of 3.6 years across the 1 well that filed both dates, with the middle half between 3.6 years and 3.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2453226718,185 ftFeb 2001Sep 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

Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 200426043.245.28$1,124
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 200402236.106.43$142
May 200404537.486.49$292
Apr 200403934.475.86$228
Mar 2004194234.365.53$5,244
Feb 200433,92032.455.51$21,695
Jan 200485,69632.036.30$36,139
Dec 200307,75830.266.30$48,888
Nov 200308,52628.804.60$39,178
Oct 200306,83528.174.76$32,532
Sep 200304,63926.314.75$22,032
Aug 2003015,55129.765.13$79,772
Jul 2003036229.415.17$1,872
Jun 200301,49028.565.98$8,915
May 200301,90426.595.97$11,372
Apr 20031272,27926.675.41$15,710
Mar 200303,67531.146.10$22,403
Feb 2003011,38633.487.93$90,244
Jan 2003024,58230.315.58$137,218
Dec 2002021,27326.914.85$103,254
Nov 2002017,75724.664.14$73,460
Oct 2002017,27226.464.23$73,045
Sep 2002021,79627.443.64$79,233
Aug 2002036,78625.963.16$116,397
Jul 2002025,22124.583.06$77,221
Jun 2002036,91123.733.34$123,218
May 2002027,03624.663.58$96,897
Apr 2002022,89423.653.51$80,411
Mar 2002028,47222.003.10$88,341
Feb 2002031,03818.222.38$73,736
Jan 2002035,41017.172.38$84,123
Dec 2001038,71016.932.36$91,526
Nov 2001048,04018.072.41$115,561
Oct 2001054,24019.782.53$137,166
Sep 2001058,34224.262.25$131,347
Aug 2001068,48624.873.05$209,099
Jul 2001074,59723.933.20$238,493
Jun 2001084,85124.563.82$324,484
May 2001096,67125.524.31$416,393
Apr 2001028,83824.685.34$153,860
Mar 20010024.545.38$0
Feb 20010027.755.77$0

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 2004 — as filed, then multipliedworked
Condensate            26 bbl  × $ 43.24 =     $1,124
Gas                    0 Mcf  × $  5.28 =         $0

────────────────────────────────────────────────────
Month total                                   $1,124

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/181481 is the state's own key, not one this site invented.