STATE TRACT 100 UNIT

Operated by DAVIS PETROLEUM CORP. (P-5 206061) in the UMBRELLA POINT (F-24) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 235309District 03Field 92388945CondensateGasSave
Value, all time
$12.8 M
Jan 2008 – May 2010
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
29
no gaps in the span
Streams
2
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.

StreamBasisVolumeValue
CondensateDisposition9,415 bbl$965,931
GasProduction1,537,165 Mcf$11,878,904
Total$12,844,835

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 29.6122, -94.8568. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.61221, -94.85680 · 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
11,802 ft
1 wells filed one
Completion to plug
13 months
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 11,802 ft.

Completions filed
May 2010
1 of 1 wells
Plug dates filed
Jun 2011
1 of 1 wells

Last completion to plug: a median of 13 months across the 1 well that filed both dates, with the middle half between 13 months and 13 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-07132285111,802 ftMay 2010Jun 2011Yes

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 (29)

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

29 months

May 20101071.124.24$71
Apr 20102319,54481.694.12$82,453
Mar 20106631,15878.394.39$141,916
Feb 20107723,14973.585.44$131,651
Jan 201014925,89574.365.96$165,520
Dec 200912842,46771.445.48$242,023
Nov 20094247,97874.593.75$183,122
Oct 20091733,37772.544.11$138,421
Sep 20097133,86765.543.06$108,447
Aug 20097328,51367.423.22$96,691
Jul 20098331,50561.133.46$114,223
Jun 20092628,51066.163.90$112,767
May 2009733,75454.743.93$132,893
Apr 20093038,06246.773.59$137,951
Mar 20097546,44442.144.06$191,677
Feb 20094546,52532.814.63$217,027
Jan 20096041,80335.865.37$226,676
Dec 20084347,73537.105.98$286,914
Nov 200840073,64255.496.86$527,407
Oct 200873174,36375.246.92$569,740
Sep 200828331,678101.767.88$278,329
Aug 20081,029109,012114.228.48$1,042,283
Jul 20081,098118,690131.0811.39$1,495,737
Jun 2008877118,942131.3313.03$1,665,303
May 20081,059110,771123.1711.57$1,412,533
Apr 2008677102,500110.3110.45$1,146,303
Mar 200876071,660101.909.66$769,971
Feb 20081,213104,72692.538.77$1,030,747
Jan 200827220,89590.388.21$196,042

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.

May 2010 — as filed, then multipliedworked
Condensate             1 bbl  × $ 71.12 =        $71
Gas                    0 Mcf  × $  4.24 =         $0

────────────────────────────────────────────────────
Month total                                      $71

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/235309 is the state's own key, not one this site invented.