JOSEY RANCH GAS UNIT NO. 5

Name: JOSEY RANCH GAS UNIT NO. 5 lease production and value, Sep 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MILAGRO EXPLORATION, LLC (P-5 566789) in the CYPRESS, DEEP (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198556District 03Field 224445002 tax incentive programmesCondensateGasSave Export

Value, all time

$11.3 M

Sep 2003 – Apr 2015

Value, last 12 filed months

$60 k

at the published price for each month

Months reported

140

no gaps in the span

Streams

condensate, gas

The CYPRESS, DEEP (WILCOX) 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 20 leases and 20 wells, and the rule below applies to all of them.

Discovered

1996-08-22

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 1996-08-22.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 09/01/97.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2004-05-19	156973
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	11,112 bbl	$487,173
Gas	Production	1,646,652 Mcf	$10,862,441
Total			$11,349,614

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 29.9405, -95.7411. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.94047, -95.74109 · 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

10,768 ft

1 wells filed one

Completion to plug

11 months

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 10,768 ft.

Completions filed

May 2014

1 of 1 wells

Plug dates filed

Apr 2015

1 of 1 wells

Last completion to plug: a median of 11 months across the 1 well that filed both dates, with the middle half between 11 months and 11 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-20132663	22	10,768 ft	May 2014	Apr 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 (140)

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

140 months


Apr 2015	0	0	49.82	2.71	$0
Mar 2015	96	0	42.89	2.93	$4,117
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	2,360	43.43	3.10	$7,317
Dec 2014	0	1,462	54.69	3.59	$5,251
Nov 2014	0	1,491	70.46	4.25	$6,339
Oct 2014	0	1,361	78.30	3.90	$5,309
Sep 2014	0	1,327	86.16	4.05	$5,368
Aug 2014	0	1,740	89.39	4.04	$7,021
Jul 2014	0	1,900	96.56	4.18	$7,941
Jun 2014	0	1,867	98.16	4.74	$8,844
May 2014	0	523	94.73	4.73	$2,472
Apr 2014	0	765	95.94	4.81	$3,679
Mar 2014	0	971	95.89	5.06	$4,910
Feb 2014	0	6,105	97.40	6.19	$37,802
Jan 2014	0	8,466	90.40	4.86	$41,151
Dec 2013	0	7,265	91.82	4.35	$31,635
Nov 2013	0	4,795	88.85	3.74	$17,925
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	226	86.77	3.42	$773
Nov 2012	0	3,996	86.95	3.62	$14,485
Oct 2012	0	3,340	89.38	3.40	$11,355
Sep 2012	0	2,794	94.67	2.92	$8,154
Aug 2012	96	3,125	92.66	2.91	$17,983
Jul 2012	0	3,291	85.13	3.02	$9,941
Jun 2012	0	1,966	79.82	2.52	$4,952
May 2012	0	3,917	91.61	2.49	$9,747
Apr 2012	0	3,972	101.65	2.00	$7,931
Mar 2012	0	885	105.05	2.22	$1,967
Feb 2012	0	62	101.10	2.57	$159
Jan 2012	0	388	98.09	2.73	$1,061
Dec 2011	0	2,753	96.87	3.24	$8,919
Nov 2011	0	3,250	95.72	3.31	$10,762
Oct 2011	0	2,557	84.98	3.65	$9,329
Sep 2011	0	3,092	83.62	3.99	$12,324
Aug 2011	0	3,255	83.40	4.15	$13,506
Jul 2011	0	3,350	94.14	4.52	$15,133
Jun 2011	0	3,553	92.90	4.64	$16,485
May 2011	0	3,699	98.13	4.40	$16,293
Apr 2011	170	3,179	105.96	4.33	$31,789
Mar 2011	0	3,677	96.36	4.06	$14,919
Feb 2011	0	3,249	85.64	4.18	$13,581
Jan 2011	0	3,377	86.50	4.59	$15,496
Dec 2010	0	2,656	85.73	4.35	$11,548
Nov 2010	0	2,209	80.84	3.80	$8,384
Oct 2010	0	3,308	78.10	3.51	$11,607
Sep 2010	0	2,718	72.63	3.98	$10,816
Aug 2010	0	2,350	73.68	4.42	$10,386
Jul 2010	0	1,839	72.55	4.74	$8,710
Jun 2010	0	1,881	70.36	4.91	$9,236
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	791	81.69	4.12	$3,261
Mar 2010	0	475	78.39	4.39	$2,085
Feb 2010	0	592	73.58	5.44	$3,222
Jan 2010	0	301	74.36	5.96	$1,795
Dec 2009	0	256	71.44	5.48	$1,404
Nov 2009	0	704	74.59	3.75	$2,641
Oct 2009	0	3,250	72.54	4.11	$13,358
Sep 2009	0	2,693	65.54	3.06	$8,253
Aug 2009	0	3,465	67.42	3.22	$11,152
Jul 2009	0	4,154	61.13	3.46	$14,392
Jun 2009	0	5,258	66.16	3.90	$20,480
May 2009	0	6,077	54.74	3.93	$23,857
Apr 2009	0	5,524	46.77	3.59	$19,817
Mar 2009	0	5,040	42.14	4.06	$20,457
Feb 2009	0	1,547	32.81	4.63	$7,167
Jan 2009	0	4,324	35.86	5.37	$23,224
Dec 2008	0	4,427	37.10	5.98	$26,461
Nov 2008	0	6,810	55.49	6.86	$46,719
Oct 2008	0	3,902	75.24	6.92	$27,010
Sep 2008	0	3,680	101.76	7.88	$28,988
Aug 2008	0	5,538	114.22	8.48	$46,979
Jul 2008	0	4,290	131.08	11.39	$48,861
Jun 2008	0	7,266	131.33	13.03	$94,695
May 2008	0	6,416	123.17	11.57	$74,261
Apr 2008	0	8,542	110.31	10.45	$89,305
Mar 2008	0	5,521	101.90	9.66	$53,355
Feb 2008	0	6,241	92.53	8.77	$54,737
Jan 2008	12	9,162	90.38	8.21	$76,265
Dec 2007	59	4,623	88.33	7.30	$38,968
Nov 2007	0	651	91.67	7.29	$4,747
Oct 2007	0	6,803	82.85	6.92	$47,090
Sep 2007	1	7,223	75.84	6.24	$45,177
Aug 2007	12	7,292	69.06	6.39	$47,410
Jul 2007	186	8,888	70.90	6.39	$69,963
Jun 2007	1	7,864	62.00	7.55	$59,423
May 2007	35	9,564	58.74	7.85	$77,098
Apr 2007	3	8,013	59.61	7.81	$62,722
Mar 2007	80	10,630	56.92	7.30	$82,174
Feb 2007	0	10,402	55.10	8.22	$85,463
Jan 2007	172	10,798	50.30	6.73	$81,288
Dec 2006	0	12,916	56.65	6.92	$89,359
Nov 2006	180	12,412	54.20	7.62	$104,304
Oct 2006	0	14,444	54.90	6.01	$86,863
Sep 2006	0	14,570	60.08	5.04	$73,392
Aug 2006	179	15,218	68.71	7.34	$123,998
Jul 2006	0	16,764	69.37	6.34	$106,330
Jun 2006	180	16,002	66.28	6.38	$114,085
May 2006	28	17,987	66.01	6.42	$117,415
Apr 2006	180	18,389	64.39	7.36	$146,942
Mar 2006	23	20,280	56.70	7.08	$144,946
Feb 2006	205	19,577	57.59	7.75	$163,550
Jan 2006	4	22,389	60.59	8.93	$200,250
Dec 2005	94	24,222	54.94	13.42	$330,112
Nov 2005	180	25,468	54.69	10.59	$279,510
Oct 2005	201	26,725	58.34	13.80	$380,418
Sep 2005	85	27,339	61.45	12.08	$335,451
Aug 2005	32	29,814	61.51	9.80	$294,051
Jul 2005	207	30,191	55.69	7.84	$248,335
Jun 2005	196	27,469	52.33	7.38	$213,006
May 2005	179	28,542	45.22	6.65	$197,932
Apr 2005	390	29,201	49.20	7.36	$234,121
Mar 2005	190	27,472	50.37	7.15	$206,129
Feb 2005	292	25,588	45.22	6.31	$174,714
Jan 2005	182	29,478	43.16	6.32	$194,221
Dec 2004	350	31,234	39.86	6.75	$224,814
Nov 2004	348	29,853	45.28	6.33	$204,739
Oct 2004	352	32,459	49.70	6.52	$228,968
Sep 2004	348	34,316	43.24	5.28	$196,370
Aug 2004	348	39,378	42.37	5.55	$233,319
Jul 2004	362	41,768	38.28	6.08	$267,981
Jun 2004	516	44,539	36.10	6.43	$305,148
May 2004	377	47,760	37.48	6.49	$324,311
Apr 2004	376	33,997	34.47	5.86	$212,131
Mar 2004	349	53,620	34.36	5.53	$308,518
Feb 2004	532	59,482	32.45	5.51	$344,987
Jan 2004	549	65,117	32.03	6.30	$427,798
Dec 2003	670	76,786	30.26	6.30	$504,152
Nov 2003	677	78,541	28.80	4.60	$380,406
Oct 2003	479	70,061	28.17	4.76	$346,959
Sep 2003	349	39,975	26.31	4.75	$199,038

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.

Mar 2015 — as filed, then multipliedworked

Condensate            96 bbl  × $ 42.89 =     $4,117
Gas                    0 Mcf  × $  2.93 =         $0

────────────────────────────────────────────────────
Month total                                   $4,117

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/198556 is the state's own key, not one this site invented.