STATE OF TEXAS

Name: STATE OF TEXAS lease production and value, Jul 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by REEF EXPLORATION, L.P. (P-5 697952) in the TREASURE ISLE (BIG GAS SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 203350District 03Field 91016050CondensateGasSave

Value, all time

$25.8 M

Jul 2004 – Jul 2013

Value, last 12 filed months

$1 k

at the published price for each month

Months reported

109

no gaps in the span

Streams

condensate, gas

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	23,499 bbl	$1,301,574
Gas	Production	3,585,622 Mcf	$24,508,451
Total			$25,810,026

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 29.2730, -95.0015. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.27297, -95.00146 · 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

14,150 ft

1 wells filed one

Completion to plug

9.0 years

median over 1 wells

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 14,150 ft.

Completions filed

Jul 2004

1 of 1 wells

Plug dates filed

Jul 2013

1 of 1 wells

Last completion to plug: a median of 9.0 years across the 1 well that filed both dates, with the middle half between 9.0 years and 9.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-16731396	3	14,150 ft	Jul 2004	Jul 2013	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 (109)

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

109 months


Jul 2013	13	0	102.52	3.72	$1,333
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	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	23	6,362	80.84	3.80	$26,005
Oct 2010	40	10,240	78.10	3.51	$39,055
Sep 2010	19	290	72.63	3.98	$2,534
Aug 2010	26	4,398	73.68	4.42	$21,352
Jul 2010	14	6,939	72.55	4.74	$33,882
Jun 2010	29	4,657	70.36	4.91	$24,908
May 2010	50	12,038	71.12	4.24	$54,540
Apr 2010	28	9,505	81.69	4.12	$41,473
Mar 2010	32	6,453	78.39	4.39	$30,829
Feb 2010	45	5,820	73.58	5.44	$34,986
Jan 2010	68	6,090	74.36	5.96	$41,378
Dec 2009	59	9,444	71.44	5.48	$56,004
Nov 2009	64	10,219	74.59	3.75	$43,110
Oct 2009	66	10,219	72.54	4.11	$46,790
Sep 2009	78	13,330	65.54	3.06	$45,965
Aug 2009	140	13,330	67.42	3.22	$52,341
Jul 2009	146	18,407	61.13	3.46	$72,696
Jun 2009	147	17,728	66.16	3.90	$78,776
May 2009	163	16,459	54.74	3.93	$73,537
Apr 2009	151	5,426	46.77	3.59	$26,528
Mar 2009	15	845	42.14	4.06	$4,062
Feb 2009	0	473	32.81	4.63	$2,191
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	46	8,131	114.22	8.48	$74,230
Jul 2008	48	18,945	131.08	11.39	$222,065
Jun 2008	52	20,359	131.33	13.03	$272,160
May 2008	65	19,950	123.17	11.57	$238,913
Apr 2008	70	20,445	110.31	10.45	$221,471
Mar 2008	79	21,221	101.90	9.66	$213,131
Feb 2008	60	21,049	92.53	8.77	$190,164
Jan 2008	76	23,287	90.38	8.21	$197,956
Dec 2007	73	23,778	88.33	7.30	$180,074
Nov 2007	289	25,648	91.67	7.29	$213,510
Oct 2007	142	37,735	82.85	6.92	$272,966
Sep 2007	159	37,631	75.84	6.24	$247,033
Aug 2007	164	42,028	69.06	6.39	$279,798
Jul 2007	169	46,502	70.90	6.39	$309,034
Jun 2007	477	49,973	62.00	7.55	$406,793
May 2007	339	54,102	58.74	7.85	$444,412
Apr 2007	347	54,339	59.61	7.81	$444,811
Mar 2007	334	57,100	56.92	7.30	$435,954
Feb 2007	336	58,962	55.10	8.22	$502,945
Jan 2007	517	78,414	50.30	6.73	$553,484
Dec 2006	579	90,379	56.65	6.92	$658,082
Nov 2006	481	95,513	54.20	7.62	$753,639
Oct 2006	676	105,759	54.90	6.01	$673,126
Sep 2006	594	102,977	60.08	5.04	$554,403
Aug 2006	581	87,543	68.71	7.34	$682,479
Jul 2006	729	111,401	69.37	6.34	$757,161
Jun 2006	701	112,351	66.28	6.38	$763,698
May 2006	628	95,863	66.01	6.42	$657,374
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	27	0	56.70	7.08	$1,531
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	357	41,354	61.45	12.08	$521,453
Aug 2005	883	120,467	61.51	9.80	$1,234,509
Jul 2005	740	117,440	55.69	7.84	$962,368
Jun 2005	900	118,971	52.33	7.38	$925,227
May 2005	932	125,567	45.22	6.65	$877,311
Apr 2005	1,081	128,812	49.20	7.36	$1,001,303
Mar 2005	880	135,871	50.37	7.15	$1,016,466
Feb 2005	915	130,052	45.22	6.31	$862,254
Jan 2005	960	138,813	43.16	6.32	$919,037
Dec 2004	1,077	137,507	39.86	6.75	$971,250
Nov 2004	687	103,705	45.28	6.33	$687,604
Oct 2004	1,108	147,047	49.70	6.52	$1,013,094
Sep 2004	858	137,559	43.24	5.28	$763,948
Aug 2004	963	144,121	42.37	5.55	$840,769
Jul 2004	904	148,279	38.28	6.08	$936,761

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 2013 — as filed, then multipliedworked

Condensate            13 bbl  × $102.52 =     $1,333
Gas                    0 Mcf  × $  3.72 =         $0

────────────────────────────────────────────────────
Month total                                   $1,333

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/203350 is the state's own key, not one this site invented.