ROCKING "M"

Operated by XTO ENERGY INC. (P-5 945936) in the BONUS, SW. (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 187705District 03Field 105197502 tax incentive programmesCondensateGasSaveExport
Value, all time
$615 k
Mar 2001 – May 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
135
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 62 leases and 62 wells, and the rule below applies to all of them.

Discovered
1998-08-24
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1998-12-03.

The Commission's schedule remark for this field reads: PERMANENTLY CLASSIFIED AS GAS WELLS.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112002-05-31147696
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition4,587 bbl$114,116
GasProduction127,541 Mcf$501,309
Total$615,425

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 29.4364, -96.2323. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.43643, -96.23231 · 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
0.0%
0 of 1 wells
Median depth
12,800 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 12,800 ft.

Completions filed
May 2012
1 of 1 wells

1 well

42-48134313312,800 ftMay 2012Yes

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 (135)

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

135 months

May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
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 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 200403745.286.33$234
Oct 200408249.706.52$534
Sep 200401843.245.28$95
Aug 200402942.375.55$161
Jul 200402838.286.08$170
Jun 200402636.106.43$167
May 200402237.486.49$143
Apr 20040934.475.86$53
Mar 20040834.365.53$44
Feb 20040732.455.51$39
Jan 2004010132.036.30$636
Dec 2003019130.266.30$1,204
Nov 2003025428.804.60$1,167
Oct 2003031528.174.76$1,499
Sep 2003022726.314.75$1,078
Aug 2003016429.765.13$841
Jul 2003015729.415.17$812
Jun 2003018828.565.98$1,125
May 2003039326.595.97$2,347
Apr 2003049526.675.41$2,677
Mar 2003137931.146.10$2,342
Feb 2003983,75033.487.93$33,003
Jan 20032383,21930.315.58$25,182
Dec 20021984,07626.914.85$25,112
Nov 200215014,82424.664.14$65,025
Oct 200256216,77926.464.23$85,831
Sep 20029017,62527.443.64$66,540
Aug 20021644,35225.963.16$18,028
Jul 2002541,55324.583.06$6,082
Jun 2002571,89423.733.34$7,675
May 2002461,71824.663.58$7,292
Apr 20021331,77923.653.51$9,394
Mar 20021031,79422.003.10$7,832
Feb 2002512,00218.222.38$5,685
Jan 2002772,82517.172.38$8,033
Dec 20011593,30016.932.36$10,494
Nov 20012042,30718.072.41$9,236
Oct 2001442,03319.782.53$6,012
Sep 2001122,63024.262.25$6,212
Aug 20011044,67724.873.05$16,866
Jul 20012386,58323.933.20$26,742
Jun 20017749724.563.82$3,792
May 20011,37324,19325.524.31$139,246
Apr 2001354124.685.34$8,742
Mar 20010024.545.38$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.

Nov 2004 — as filed, then multipliedworked
Condensate             0 bbl  × $ 45.28 =         $0
Gas                   37 Mcf  × $  6.33 =       $234

────────────────────────────────────────────────────
Month total                                     $234

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/187705 is the state's own key, not one this site invented.