STEPHENS

Operated by PRIME OPERATING COMPANY (P-5 677770) in the YARROW (2800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 192871District 03Field 99286750GasSaveExport
Value, all time
$3.4 M
Sep 2002 – Nov 2007
Value, last 12 filed months
$131 k
at the published price for each month
Months reported
63
no gaps in the span
Streams
1
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
2002-09-05
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

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
GasProduction519,863 Mcf$3,394,498
Total$3,394,498

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 30.6571, -94.8964. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.65709, -94.89639 · 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
3,305 ft
1 wells filed one
Completion to plug
5.2 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 3,305 ft.

Completions filed
Sep 2002
1 of 1 wells
Plug dates filed
Nov 2007
1 of 1 wells

Last completion to plug: a median of 5.2 years across the 1 well that filed both dates, with the middle half between 5.2 years and 5.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3733097513,305 ftSep 2002Nov 2007Yes

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 (63)

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

63 months

Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 20072,69562.007.55$20,343
May 20072,57458.747.85$20,196
Apr 20072,34359.617.81$18,288
Mar 20072,65056.927.30$19,350
Feb 20072,61955.108.22$21,518
Jan 20072,25450.306.73$15,162
Dec 20062,27756.656.92$15,753
Nov 20061,80854.207.62$13,772
Oct 20061,62454.906.01$9,766
Sep 20061,78960.085.04$9,012
Aug 20062,77468.717.34$20,361
Jul 20063,27569.376.34$20,773
Jun 20063,92866.286.38$25,076
May 20064,35766.016.42$27,994
Apr 20064,87664.397.36$35,890
Mar 20065,52556.707.08$39,133
Feb 20066,30857.597.75$48,894
Jan 20065,55560.598.93$49,625
Dec 20056,19554.9413.42$83,108
Nov 20056,28254.6910.59$66,516
Oct 20056,24958.3413.80$86,210
Sep 20057,21861.4512.08$87,186
Aug 20055,91961.519.80$57,988
Jul 20057,71855.697.84$60,537
Jun 20058,83752.337.38$65,226
May 200512,55245.226.65$83,485
Apr 200512,67049.207.36$93,257
Mar 200514,47050.377.15$103,531
Feb 200512,36645.226.31$78,053
Jan 200514,54043.166.32$91,925
Dec 200413,78639.866.75$93,070
Nov 200415,01745.286.33$95,064
Oct 200414,39049.706.52$93,752
Sep 200413,04743.245.28$68,939
Aug 200414,07242.375.55$78,109
Jul 200413,86338.286.08$84,345
Jun 200411,80736.106.43$75,955
May 200413,23137.486.49$85,930
Apr 200414,60434.475.86$85,557
Mar 200414,45634.365.53$79,944
Feb 200413,43732.455.51$74,033
Jan 200413,16032.036.30$82,903
Dec 200314,41930.266.30$90,863
Nov 200314,81628.804.60$68,082
Oct 200314,17028.174.76$67,444
Sep 200311,99326.314.75$56,959
Aug 200313,66129.765.13$70,077
Jul 200313,74729.415.17$71,084
Jun 200314,00428.565.98$83,785
May 200315,23326.595.97$90,982
Apr 200315,19426.675.41$82,158
Mar 200314,05431.146.10$85,674
Feb 200313,06333.487.93$103,536
Jan 200315,99730.315.58$89,296
Dec 20029,22526.914.85$44,776
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 20021,17027.443.64$4,253

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 2007 — as filed, then multipliedworked
Gas                2,695 Mcf  × $  7.55 =    $20,343

────────────────────────────────────────────────────
Month total                                  $20,343

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/192871 is the state's own key, not one this site invented.