KRAMR

Operated by MUSTANG FUEL CORPORATION (P-5 596921) in the HUNGERFORD, N. (VICKSBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 182510District 03Field 43617440CondensateGasSaveExport
Value, all time
$635 k
Mar 2001 – Mar 2006
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
61
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
1983-05-19
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: EXEMPT FIELD EFF 9/1/05

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
CondensateDisposition352 bbl$8,554
GasProduction140,268 Mcf$626,338
Total$634,892

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 29.4769, -96.0889. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.47693, -96.08891 · 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
5,950 ft
1 wells filed one
Completion to plug
5.0 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 5,950 ft.

Completions filed
Mar 2001
1 of 1 wells
Plug dates filed
Mar 2006
1 of 1 wells

Last completion to plug: a median of 5.0 years across the 1 well that filed both dates, with the middle half between 5.0 years and 5.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4813429315,950 ftMar 2001Mar 2006Yes

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 (61)

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

61 months

Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 200506355.697.84$494
Jun 200501,47252.337.38$10,865
May 200501,24445.226.65$8,274
Apr 200501,02849.207.36$7,567
Mar 200501,31950.377.15$9,437
Feb 200501,43045.226.31$9,026
Jan 200501,35243.166.32$8,548
Dec 200401,43239.866.75$9,668
Nov 200401,54145.286.33$9,755
Oct 200401,69149.706.52$11,017
Sep 200401,50643.245.28$7,958
Aug 200401,16942.375.55$6,489
Jul 200401,44438.286.08$8,786
Jun 200401,62136.106.43$10,428
May 200401,49437.486.49$9,703
Apr 200401,46134.475.86$8,559
Mar 200401,61534.365.53$8,931
Feb 200401,45832.455.51$8,033
Jan 200401,47232.036.30$9,273
Dec 200301,48030.266.30$9,326
Nov 200301,75528.804.60$8,065
Oct 200302,09328.174.76$9,962
Sep 200301,92626.314.75$9,147
Aug 200301,77729.765.13$9,116
Jul 200301,67829.415.17$8,677
Jun 200301,60928.565.98$9,627
May 200301,83726.595.97$10,972
Apr 200302,02326.675.41$10,939
Mar 200302,13331.146.10$13,003
Feb 200301,60733.487.93$12,737
Jan 200301,93030.315.58$10,773
Dec 200202,08226.914.85$10,106
Nov 200202,15324.664.14$8,907
Oct 200202,31826.464.23$9,803
Sep 200201,92227.443.64$6,987
Aug 200202,29325.963.16$7,255
Jul 200202,36124.583.06$7,229
Jun 200202,50223.733.34$8,352
May 20021792,87124.663.58$14,704
Apr 200202,44523.653.51$8,588
Mar 200202,81822.003.10$8,743
Feb 200202,67918.222.38$6,364
Jan 200203,53717.172.38$8,403
Dec 200103,75516.932.36$8,878
Nov 200104,07618.072.41$9,805
Oct 200103,93019.782.53$9,939
Sep 200104,64524.262.25$10,457
Aug 200105,81624.873.05$17,757
Jul 20011736,73523.933.20$25,672
Jun 200105,95424.563.82$22,769
May 200108,87025.524.31$38,206
Apr 2001012,38124.685.34$66,057
Mar 200106,46524.545.38$34,759

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.

Jul 2005 — as filed, then multipliedworked
Condensate             0 bbl  × $ 55.69 =         $0
Gas                   63 Mcf  × $  7.84 =       $494

────────────────────────────────────────────────────
Month total                                     $494

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/182510 is the state's own key, not one this site invented.