DUNCAN RANCH "A"

Operated by MILAGRO EXPLORATION, LLC (P-5 566789) in the HOLLYWOOD, SOUTH (FRIO 7900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 244604District 03Field 42285500CondensateGasSave
Value, all time
$5.3 M
Dec 2008 – Apr 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
65
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
CondensateDisposition16,682 bbl$743,445
GasProduction1,087,174 Mcf$4,522,632
Total$5,266,077

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 29.0933, -96.0301. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.09331, -96.03008 · 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
8,630 ft
1 wells filed one
Completion to plug
5.3 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 8,630 ft.

Completions filed
Dec 2008
1 of 1 wells
Plug dates filed
Apr 2014
1 of 1 wells

Last completion to plug: a median of 5.3 years across the 1 well that filed both dates, with the middle half between 5.3 years and 5.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-321322662R8,630 ftDec 2008Apr 2014Yes

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 (65)

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

65 months

Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012013989.383.40$473
Sep 201208594.672.92$248
Aug 201207392.662.91$212
Jul 2012018885.133.02$568
Jun 2012015279.822.52$383
May 201201,04191.612.49$2,590
Apr 20120898101.652.00$1,793
Mar 20120436105.052.22$969
Feb 20120397101.102.57$1,020
Jan 2012069798.092.73$1,906
Dec 2011017096.873.24$551
Nov 201101,23595.723.31$4,089
Oct 201101,04784.983.65$3,820
Sep 2011086183.623.99$3,432
Aug 201101,13183.404.15$4,693
Jul 2011036794.144.52$1,658
Jun 2011035092.904.64$1,624
May 2011045998.134.40$2,022
Apr 20110467105.964.33$2,024
Mar 2011056296.364.06$2,280
Feb 2011045385.644.18$1,894
Jan 2011060686.504.59$2,781
Dec 201001,10285.734.35$4,791
Nov 2010071780.843.80$2,721
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010018278.394.39$799
Feb 201001,48473.585.44$8,076
Jan 2010142074.365.96$10,559
Dec 20090071.445.48$0
Nov 2009097574.593.75$3,658
Oct 200919216,01872.544.11$79,766
Sep 200935643,30565.543.06$156,051
Aug 200970685,62567.423.22$323,183
Jul 2009736110,37461.133.46$427,382
Jun 2009943116,51966.163.90$516,230
May 20091,462124,89954.743.93$570,352
Apr 20091,436124,96146.773.59$515,459
Mar 20092,211126,86042.144.06$608,096
Feb 20092,454116,17232.814.63$618,741
Jan 20093,600120,22635.865.37$774,830
Dec 20082,44485,94137.105.98$604,354

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.

Oct 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.38 =         $0
Gas                  139 Mcf  × $  3.40 =       $473

────────────────────────────────────────────────────
Month total                                     $473

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/244604 is the state's own key, not one this site invented.