STATE TRACT 251 UNIT

Name: STATE TRACT 251 UNIT lease production and value, Jan 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DAVIS PETROLEUM CORP. (P-5 206061) in the VINCEBURG (VICKSBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 192729District 03Field 93848470CondensateGasSave Export

Value, all time

$38.1 M

Jan 2003 – Aug 2015

Value, last 12 filed months

$1.4 M

at the published price for each month

Months reported

152

no gaps in the span

Streams

condensate, gas

The VINCEBURG (VICKSBURG) field

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

1999-09-26

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: “FIELD ADMINISTRATIVELY BALANCED EFF 2-1-03 PER OPERATOR REQUEST”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	251,624 bbl	$14,186,003
Gas	Production	4,899,825 Mcf	$23,907,314
Total			$38,093,317

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 29.5627, -94.9310. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.56273, -94.93098 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

14,000 ft

1 wells filed one

Completion to plug

13.3 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 14,000 ft.

Completions filed

May 2002

1 of 1 wells

Plug dates filed

Aug 2015

1 of 1 wells

Last completion to plug: a median of 13.3 years across the 1 well that filed both dates, with the middle half between 13.3 years and 13.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-07132173	2	14,000 ft	May 2002	Aug 2015	Yes

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 (152)

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

152 months


Aug 2015	0	0	40.16	2.87	$0
Jul 2015	95	0	48.15	2.95	$4,574
Jun 2015	102	0	56.15	2.88	$5,727
May 2015	930	29,532	55.21	2.96	$138,626
Apr 2015	1,114	33,688	49.82	2.71	$146,678
Mar 2015	1,267	39,684	42.89	2.93	$170,803
Feb 2015	1,230	36,161	44.66	2.98	$162,554
Jan 2015	1,970	42,672	43.43	3.10	$217,867
Dec 2014	196	18,794	54.69	3.59	$78,215
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	930	15,208	78.30	3.90	$132,145
Sep 2014	1,864	42,236	86.16	4.05	$331,465
Aug 2014	1,883	39,882	89.39	4.04	$329,250
Jul 2014	1,720	37,055	96.56	4.18	$320,958
Jun 2014	552	19,252	98.16	4.74	$145,379
May 2014	379	17,279	94.73	4.73	$117,573
Apr 2014	770	19,225	95.94	4.81	$166,329
Mar 2014	326	20,686	95.89	5.06	$135,865
Feb 2014	554	20,164	97.40	6.19	$178,815
Jan 2014	766	23,131	90.40	4.86	$181,680
Dec 2013	554	24,566	91.82	4.35	$157,840
Nov 2013	558	23,810	88.85	3.74	$138,587
Oct 2013	704	26,752	97.42	3.78	$169,689
Sep 2013	543	26,893	104.11	3.72	$156,513
Aug 2013	897	28,728	104.25	3.52	$194,710
Jul 2013	744	30,003	102.52	3.72	$187,818
Jun 2013	362	23,789	94.40	3.93	$127,745
May 2013	534	21,126	94.83	4.15	$138,293
Apr 2013	855	20,853	93.96	4.28	$169,641
Mar 2013	348	24,011	93.62	3.91	$126,532
Feb 2013	428	22,199	91.23	3.42	$114,965
Jan 2013	679	24,462	91.60	3.42	$145,854
Dec 2012	387	27,547	86.77	3.42	$127,795
Nov 2012	512	27,613	86.95	3.62	$144,614
Oct 2012	593	30,580	89.38	3.40	$156,965
Sep 2012	600	31,831	94.67	2.92	$149,698
Aug 2012	833	35,164	92.66	2.91	$179,448
Jul 2012	695	35,619	85.13	3.02	$166,763
Jun 2012	809	38,392	79.82	2.52	$161,285
May 2012	1,047	42,625	91.61	2.49	$201,980
Apr 2012	796	45,644	101.65	2.00	$172,055
Mar 2012	1,065	48,976	105.05	2.22	$220,707
Feb 2012	1,411	49,361	101.10	2.57	$269,522
Jan 2012	1,317	54,906	98.09	2.73	$279,302
Dec 2011	1,081	46,426	96.87	3.24	$255,125
Nov 2011	962	43,059	95.72	3.31	$234,663
Oct 2011	1,281	51,092	84.98	3.65	$295,271
Sep 2011	1,410	56,898	83.62	3.99	$344,688
Aug 2011	1,381	60,271	83.40	4.15	$365,259
Jul 2011	1,761	61,558	94.14	4.52	$443,853
Jun 2011	1,465	67,943	92.90	4.64	$451,346
May 2011	1,953	81,386	98.13	4.40	$550,139
Apr 2011	2,132	82,367	105.96	4.33	$582,826
Mar 2011	2,317	88,784	96.36	4.06	$583,493
Feb 2011	2,981	93,674	85.64	4.18	$646,848
Jan 2011	3,450	113,424	86.50	4.59	$818,903
Dec 2010	3,711	112,799	85.73	4.35	$808,566
Nov 2010	3,917	113,860	80.84	3.80	$748,787
Oct 2010	4,064	110,522	78.10	3.51	$705,208
Sep 2010	4,236	113,242	72.63	3.98	$758,304
Aug 2010	4,624	123,463	73.68	4.42	$886,324
Jul 2010	1,001	31,380	72.55	4.74	$221,254
Jun 2010	83	1,464	70.36	4.91	$13,029
May 2010	571	6,398	71.12	4.24	$67,706
Apr 2010	440	5,092	81.69	4.12	$56,936
Mar 2010	640	12,020	78.39	4.39	$102,921
Feb 2010	715	8,851	73.58	5.44	$100,780
Jan 2010	540	8,807	74.36	5.96	$92,680
Dec 2009	936	16,478	71.44	5.48	$157,229
Nov 2009	1,085	15,139	74.59	3.75	$137,724
Oct 2009	1,206	21,931	72.54	4.11	$177,625
Sep 2009	1,481	22,380	65.54	3.06	$165,654
Aug 2009	1,509	24,049	67.42	3.22	$179,138
Jul 2009	1,714	26,052	61.13	3.46	$195,034
Jun 2009	1,888	26,575	66.16	3.90	$228,420
May 2009	2,171	29,398	54.74	3.93	$234,250
Apr 2009	2,239	28,356	46.77	3.59	$206,445
Mar 2009	1,819	28,401	42.14	4.06	$191,932
Feb 2009	1,690	26,224	32.81	4.63	$176,945
Jan 2009	2,052	28,981	35.86	5.37	$229,242
Dec 2008	2,390	30,562	37.10	5.98	$271,342
Nov 2008	2,737	38,616	55.49	6.86	$416,796
Oct 2008	3,926	48,047	75.24	6.92	$627,973
Sep 2008	1,601	14,024	101.76	7.88	$273,386
Aug 2008	552	7,088	114.22	8.48	$123,177
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	943	14,678	91.67	7.29	$193,472
Oct 2007	1,205	18,444	82.85	6.92	$227,503
Sep 2007	1,293	15,603	75.84	6.24	$195,489
Aug 2007	1,278	15,948	69.06	6.39	$190,134
Jul 2007	1,211	14,009	70.90	6.39	$175,349
Jun 2007	1,039	14,168	62.00	7.55	$171,364
May 2007	1,150	12,068	58.74	7.85	$162,240
Apr 2007	1,045	10,011	59.61	7.81	$140,430
Mar 2007	1,022	10,511	56.92	7.30	$134,923
Feb 2007	950	6,665	55.10	8.22	$107,105
Jan 2007	1,117	10,069	50.30	6.73	$123,918
Dec 2006	1,143	11,021	56.65	6.92	$140,999
Nov 2006	985	12,154	54.20	7.62	$145,970
Oct 2006	864	14,193	54.90	6.01	$132,787
Sep 2006	725	10,668	60.08	5.04	$97,295
Aug 2006	877	12,281	68.71	7.34	$150,400
Jul 2006	326	3,718	69.37	6.34	$46,197
Jun 2006	905	16,345	66.28	6.38	$164,328
May 2006	974	20,480	66.01	6.42	$195,878
Apr 2006	997	20,228	64.39	7.36	$213,085
Mar 2006	1,201	22,379	56.70	7.08	$226,605
Feb 2006	1,251	23,423	57.59	7.75	$253,600
Jan 2006	1,490	21,486	60.59	8.93	$282,220
Dec 2005	888	15,279	54.94	13.42	$253,761
Nov 2005	1,156	18,599	54.69	10.59	$260,155
Oct 2005	1,350	21,709	58.34	13.80	$378,251
Sep 2005	820	15,200	61.45	12.08	$233,990
Aug 2005	1,520	20,401	61.51	9.80	$293,361
Jul 2005	1,353	19,446	55.69	7.84	$227,876
Jun 2005	1,610	21,396	52.33	7.38	$242,176
May 2005	1,428	21,553	45.22	6.65	$207,927
Apr 2005	1,718	24,363	49.20	7.36	$263,849
Mar 2005	2,115	31,513	50.37	7.15	$332,004
Feb 2005	1,978	27,827	45.22	6.31	$265,087
Jan 2005	1,869	28,427	43.16	6.32	$260,387
Dec 2004	1,405	24,878	39.86	6.75	$223,957
Nov 2004	1,827	28,970	45.28	6.33	$266,119
Oct 2004	2,415	37,291	49.70	6.52	$362,980
Sep 2004	1,533	26,883	43.24	5.28	$208,334
Aug 2004	277	8,466	42.37	5.55	$58,728
Jul 2004	1,454	22,289	38.28	6.08	$191,269
Jun 2004	2,725	45,526	36.10	6.43	$391,242
May 2004	3,266	49,141	37.48	6.49	$441,560
Apr 2004	2,922	47,070	34.47	5.86	$376,479
Mar 2004	3,542	52,363	34.36	5.53	$411,278
Feb 2004	2,507	48,114	32.45	5.51	$346,442
Jan 2004	3,303	48,768	32.03	6.30	$413,016
Dec 2003	3,616	52,623	30.26	6.30	$441,031
Nov 2003	2,956	51,002	28.80	4.60	$319,495
Oct 2003	4,841	50,844	28.17	4.76	$378,370
Sep 2003	5,980	52,017	26.31	4.75	$404,381
Aug 2003	6,099	52,785	29.76	5.13	$452,279
Jul 2003	6,796	61,749	29.41	5.17	$519,165
Jun 2003	6,642	60,928	28.56	5.98	$554,225
May 2003	6,878	63,425	26.59	5.97	$561,703
Apr 2003	6,359	58,688	26.67	5.41	$486,937
Mar 2003	7,965	81,726	31.14	6.10	$746,235
Feb 2003	6,680	66,455	33.48	7.93	$750,361
Jan 2003	6,209	64,381	30.31	5.58	$547,572

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 2015 — as filed, then multipliedworked

Condensate            95 bbl  × $ 48.15 =     $4,574
Gas                    0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                   $4,574

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/192729 is the state's own key, not one this site invented.