FRIENDSHIP

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the DEVIL (FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 188081District 03Field 24441575CondensateGasSaveExport
Value, all time
$26.5 M
Feb 2002 – Jul 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
246
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1993-07-20
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: PER DOCKET 03-0231778 EFF 8-6-02, ALLOCATION FORMULA SUSPENDED.

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
CondensateDisposition6,424 bbl$225,727
GasProduction5,417,626 Mcf$26,262,462
Total$26,488,189

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 29.7666, -94.3104. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.76659, -94.31037 · 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
13,050 ft
1 wells filed one
Completion to plug
20.4 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 13,050 ft.

Completions filed
Feb 2002
1 of 1 wells
Plug dates filed
Jul 2022
1 of 1 wells

Last completion to plug: a median of 20.4 years across the 1 well that filed both dates, with the middle half between 20.4 years and 20.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-24532307113,050 ftFeb 2002Jul 2022Yes

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 (246)

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

246 months

Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 2014245098.164.74$24,049
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 2012033101.652.00$66
Mar 2012070105.052.22$156
Feb 20120352101.102.57$905
Jan 201208,55698.092.73$23,393
Dec 2011010,77196.873.24$34,895
Nov 2011011,10495.723.31$36,768
Oct 2011011,18884.983.65$40,820
Sep 20110083.623.99$0
Aug 2011012,17483.404.15$50,514
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011014698.134.40$643
Apr 20110305105.964.33$1,322
Mar 2011037896.364.06$1,534
Feb 201102,00085.644.18$8,360
Jan 2011010,49286.504.59$48,145
Dec 2010015,62785.734.35$67,942
Nov 201003,32880.843.80$12,631
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 2010019472.554.74$919
Jun 20100070.364.91$0
May 201001,16571.124.24$4,934
Apr 201002,02681.694.12$8,353
Mar 201003,40578.394.39$14,943
Feb 201003,02073.585.44$16,436
Jan 20100074.365.96$0
Dec 2009011,43771.445.48$62,718
Nov 200920411,86774.593.75$59,735
Oct 2009013,53872.544.11$55,645
Sep 2009010,20465.543.06$31,273
Aug 2009016,76967.423.22$53,971
Jul 200901,28761.133.46$4,459
Jun 2009017,28766.163.90$67,333
May 2009112,32754.743.93$48,447
Apr 200906,87946.773.59$24,678
Mar 2009013,15742.144.06$53,404
Feb 2009012,91232.814.63$59,821
Jan 2009015,71635.865.37$84,411
Dec 2008020,76837.105.98$124,133
Nov 2008014,21155.496.86$97,493
Oct 20080075.246.92$0
Sep 200801,873101.767.88$14,754
Aug 2008013,020114.228.48$110,449
Jul 2008012,648131.0811.39$144,054
Jun 200826,013131.3313.03$78,628
May 2008016,549123.1711.57$191,543
Apr 2008015,580110.3110.45$162,887
Mar 2008019,003101.909.66$183,646
Feb 2008017,01192.538.77$149,196
Jan 200819418,42090.388.21$168,683
Dec 2007019,24488.337.30$140,519
Nov 2007020,54091.677.29$149,772
Oct 2007021,08582.856.92$145,950
Sep 2007016,74375.846.24$104,546
Aug 2007021,86969.066.39$139,698
Jul 200709,66770.906.39$61,752
Jun 2007017,32062.007.55$130,739
May 200718915,41158.747.85$132,021
Apr 2007020,07259.617.81$156,666
Mar 2007015,47356.927.30$112,983
Feb 2007021,77055.108.22$178,862
Jan 2007020,99950.306.73$141,257
Dec 2006021,29156.656.92$147,301
Nov 2006019,08754.207.62$145,395
Oct 2006024,31754.906.01$146,238
Sep 200619422,89160.085.04$126,962
Aug 2006027,88168.717.34$204,644
Jul 2006031,01169.376.34$196,695
Jun 2006036,93966.286.38$235,814
May 2006031,70266.016.42$203,685
Apr 2006028,41964.397.36$209,177
Mar 2006038,64856.707.08$273,741
Feb 2006043,95257.597.75$340,677
Jan 2006039,29760.598.93$351,053
Dec 200501,12854.9413.42$15,133
Nov 2005029654.6910.59$3,134
Oct 2005037658.3413.80$5,187
Sep 2005030061.4512.08$3,624
Aug 20050061.519.80$0
Jul 200525815155.697.84$15,552
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 200532,96045.226.31$18,819
Jan 2005130,88043.166.32$195,273
Dec 2004036,87439.866.75$248,939
Nov 2004135,32745.286.33$223,680
Oct 2004537,04849.706.52$241,620
Sep 2004037,81443.245.28$199,805
Aug 2004028,48942.375.55$158,133
Jul 200433040,68338.286.08$260,155
Jun 200409,94936.106.43$64,002
May 2004141,79537.486.49$271,478
Apr 2004041,51634.475.86$243,220
Mar 2004250,66134.365.53$280,231
Feb 2004054,86332.455.51$302,274
Jan 2004067,17632.036.30$423,185
Dec 2003162,97130.266.30$396,851
Nov 2003169,29028.804.60$318,427
Oct 2003078,59528.174.76$374,084
Sep 200336081,89926.314.75$398,439
Aug 2003085,28529.765.13$437,488
Jul 20030103,54829.415.17$535,430
Jun 20030101,65328.565.98$608,186
May 20030114,65426.595.97$684,792
Apr 2003363119,20226.675.41$654,240
Mar 20030134,26031.146.10$818,454
Feb 20032125,19833.487.93$992,371
Jan 20031164,33530.315.58$917,355
Dec 2002395179,41826.914.85$881,481
Nov 20020137,04924.664.14$566,966
Oct 2002356189,60426.464.23$811,278
Sep 20020198,44427.443.64$721,384
Aug 2002356248,51625.963.16$795,586
Jul 2002358276,99624.583.06$856,895
Jun 2002539325,07823.733.34$1,097,979
May 2002551369,15324.663.58$1,336,632
Apr 2002762357,15823.653.51$1,272,474
Mar 2002748376,94822.003.10$1,186,020
Feb 2002119,64818.222.38$46,696

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.

Jun 2014 — as filed, then multipliedworked
Condensate           245 bbl  × $ 98.16 =    $24,049
Gas                    0 Mcf  × $  4.74 =         $0

────────────────────────────────────────────────────
Month total                                  $24,049

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/188081 is the state's own key, not one this site invented.