TRIANGLE

Operated by NOBLE ENERGY INC (P-5 611665) in the CHOCOLATE BAYOU, NE. (9910) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 193497District 03Field 17919700CondensateGasSaveExport
Value, all time
$11.2 M
Feb 2003 – Dec 2006
Value, last 12 filed months
$484 k
at the published price for each month
Months reported
47
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
1983-05-04
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
CondensateDisposition18,166 bbl$725,426
GasProduction1,704,776 Mcf$10,524,507
Total$11,249,933

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 29.3563, -95.2345. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.35628, -95.23452 · 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
10,350 ft
1 wells filed one
Completion to plug
3.1 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 10,350 ft.

Completions filed
Jul 2007
1 of 1 wells
Plug dates filed
Aug 2010
1 of 1 wells

Last completion to plug: a median of 3.1 years across the 1 well that filed both dates, with the middle half between 3.1 years and 3.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-039051031R10,350 ftJul 2007Aug 2010Yes

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 (47)

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

47 months

Dec 2006438056.656.92$24,813
Nov 20060054.207.62$0
Oct 2006632,95054.906.01$21,199
Sep 20061188,01660.085.04$47,468
Aug 200627412,54768.717.34$110,921
Jul 200613312,24669.376.34$86,900
Jun 20064214,47966.286.38$95,216
May 200630111,97666.016.42$96,815
Apr 200648964.397.36$913
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 200509,42461.4512.08$113,833
Aug 2005016,69761.519.80$163,578
Jul 200537032,35655.697.84$274,394
Jun 200518516,22252.337.38$129,416
May 200526233,47845.226.65$234,515
Apr 200549637,87049.207.36$303,145
Mar 200547554,79250.377.15$415,956
Feb 200547653,77445.226.31$360,942
Jan 200570767,40043.166.32$456,630
Dec 200463774,39739.866.75$527,651
Nov 200442245,57045.286.33$307,585
Oct 200475468,17649.706.52$481,647
Sep 200493272,18843.245.28$421,734
Aug 200495781,81942.375.55$494,698
Jul 20041,12491,26438.286.08$598,293
Jun 20041,30599,46336.106.43$686,958
May 20041,537121,20837.486.49$844,802
Apr 20041,631109,84534.475.86$699,743
Mar 200418814,85834.365.53$88,627
Feb 2004836,98332.455.51$41,167
Jan 200418520,48632.036.30$134,980
Dec 20038825,31730.266.30$162,202
Nov 200331224,74228.804.60$122,679
Oct 200326331,51628.174.76$157,414
Sep 200328334,07426.314.75$169,275
Aug 200323240,53829.765.13$214,853
Jul 200338646,10829.415.17$249,769
Jun 200342053,75828.565.98$333,627
May 200375270,63626.595.97$441,882
Apr 200379087,23826.675.41$492,790
Mar 200351193,33431.146.10$584,880
Feb 2003306,94233.487.93$56,026

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.

Dec 2006 — as filed, then multipliedworked
Condensate           438 bbl  × $ 56.65 =    $24,813
Gas                    0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                  $24,813

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/193497 is the state's own key, not one this site invented.