BLACK STONE ISAACS A-316

Name: BLACK STONE ISAACS A-316 lease production and value, Aug 2008 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ANADARKO E&P ONSHORE LLC (P-5 20528) in the MAGNOLIA SPRINGS (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 238899District 03Field 56785500CondensateGasSave

Value, all time

$11.6 M

Aug 2008 – Feb 2016

Value, last 12 filed months

$231 k

at the published price for each month

Months reported

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	31,674 bbl	$2,455,723
Gas	Production	2,099,987 Mcf	$9,108,459
Total			$11,564,182

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 30.7545, -94.0622. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.75451, -94.06222 · 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

14,177 ft

1 wells filed one

Completion to plug

9.1 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 14,177 ft.

Completions filed

Jan 2007

1 of 1 wells

Plug dates filed

Feb 2016

1 of 1 wells

Last completion to plug: a median of 9.1 years across the 1 well that filed both dates, with the middle half between 9.1 years and 9.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-24130728	1	14,177 ft	Jan 2007	Feb 2016	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 (91)

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

91 months


Feb 2016	33	36	26.47	2.06	$948
Jan 2016	172	0	27.35	2.36	$4,704
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	1	1	42.99	2.76	$46
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	5,246	48.15	2.95	$15,450
Jun 2015	183	11,240	56.15	2.88	$42,679
May 2015	348	11,871	55.21	2.96	$54,297
Apr 2015	179	13,236	49.82	2.71	$44,742
Mar 2015	174	20,636	42.89	2.93	$68,024
Feb 2015	179	15,528	44.66	2.98	$54,208
Jan 2015	362	11,898	43.43	3.10	$52,613
Dec 2014	359	14,455	54.69	3.59	$71,547
Nov 2014	180	15,685	70.46	4.25	$79,373
Oct 2014	178	15,497	78.30	3.90	$74,391
Sep 2014	177	16,133	86.16	4.05	$80,515
Aug 2014	352	16,916	89.39	4.04	$99,723
Jul 2014	192	14,690	96.56	4.18	$79,938
Jun 2014	176	14,410	98.16	4.74	$85,535
May 2014	355	16,181	94.73	4.73	$110,110
Apr 2014	177	15,862	95.94	4.81	$93,264
Mar 2014	178	15,971	95.89	5.06	$97,831
Feb 2014	359	15,313	97.40	6.19	$129,785
Jan 2014	179	13,683	90.40	4.86	$82,691
Dec 2013	348	12,968	91.82	4.35	$88,422
Nov 2013	173	11,526	88.85	3.74	$58,458
Oct 2013	178	14,361	97.42	3.78	$71,616
Sep 2013	345	13,357	104.11	3.72	$85,576
Aug 2013	182	14,956	104.25	3.52	$71,658
Jul 2013	342	13,179	102.52	3.72	$84,058
Jun 2013	172	17,260	94.40	3.93	$84,127
May 2013	0	0	94.83	4.15	$0
Apr 2013	353	17,972	93.96	4.28	$110,135
Mar 2013	183	18,292	93.62	3.91	$88,707
Feb 2013	359	17,682	91.23	3.42	$93,222
Jan 2013	379	14,687	91.60	3.42	$84,945
Dec 2012	373	19,731	86.77	3.42	$99,848
Nov 2012	189	20,163	86.95	3.62	$89,524
Oct 2012	378	23,180	89.38	3.40	$112,590
Sep 2012	371	18,261	94.67	2.92	$88,415
Aug 2012	361	26,597	92.66	2.91	$110,799
Jul 2012	177	26,295	85.13	3.02	$94,500
Jun 2012	176	24,158	79.82	2.52	$74,903
May 2012	506	24,332	91.61	2.49	$106,900
Apr 2012	344	26,902	101.65	2.00	$88,686
Mar 2012	362	29,668	105.05	2.22	$103,953
Feb 2012	357	25,263	101.10	2.57	$101,025
Jan 2012	359	20,727	98.09	2.73	$91,884
Dec 2011	357	23,815	96.87	3.24	$111,737
Nov 2011	545	22,719	95.72	3.31	$127,396
Oct 2011	359	23,869	84.98	3.65	$117,595
Sep 2011	357	23,242	83.62	3.99	$122,490
Aug 2011	176	23,583	83.40	4.15	$112,532
Jul 2011	536	24,349	94.14	4.52	$160,449
Jun 2011	352	24,395	92.90	4.64	$145,891
May 2011	175	25,216	98.13	4.40	$128,245
Apr 2011	747	24,762	105.96	4.33	$186,453
Mar 2011	361	27,143	96.36	4.06	$144,914
Feb 2011	177	25,499	85.64	4.18	$121,744
Jan 2011	536	27,822	86.50	4.59	$174,033
Dec 2010	539	28,154	85.73	4.35	$168,615
Nov 2010	351	22,720	80.84	3.80	$114,605
Oct 2010	349	31,495	78.10	3.51	$137,769
Sep 2010	174	26,479	72.63	3.98	$118,010
Aug 2010	519	27,700	73.68	4.42	$160,656
Jul 2010	518	28,579	72.55	4.74	$172,945
Jun 2010	346	28,471	70.36	4.91	$164,149
May 2010	518	30,534	71.12	4.24	$166,158
Apr 2010	367	30,824	81.69	4.12	$157,058
Mar 2010	537	32,458	78.39	4.39	$184,543
Feb 2010	363	29,173	73.58	5.44	$185,480
Jan 2010	710	32,068	74.36	5.96	$244,052
Dec 2009	357	32,411	71.44	5.48	$203,238
Nov 2009	538	33,926	74.59	3.75	$167,403
Oct 2009	522	36,459	72.54	4.11	$187,721
Sep 2009	348	36,265	65.54	3.06	$133,951
Aug 2009	694	36,046	67.42	3.22	$162,804
Jul 2009	347	35,362	61.13	3.46	$143,724
Jun 2009	531	38,358	66.16	3.90	$184,535
May 2009	696	41,672	54.74	3.93	$201,693
Apr 2009	543	42,248	46.77	3.59	$176,961
Mar 2009	698	45,047	42.14	4.06	$212,259
Feb 2009	707	42,514	32.81	4.63	$220,164
Jan 2009	709	46,853	35.86	5.37	$277,072
Dec 2008	717	49,563	37.10	5.98	$322,846
Nov 2008	718	51,222	55.49	6.86	$391,243
Oct 2008	1,031	57,309	75.24	6.92	$474,264
Sep 2008	535	43,948	101.76	7.88	$400,624
Aug 2008	554	59,710	114.22	8.48	$569,799

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.

Feb 2016 — as filed, then multipliedworked

Condensate            33 bbl  × $ 26.47 =       $874
Gas                   36 Mcf  × $  2.06 =        $74

────────────────────────────────────────────────────
Month total                                     $948

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/238899 is the state's own key, not one this site invented.