MAHALITC

Operated by NEW CENTURY EXPLORATION, INC. (P-5 606055) in the MATTHEW (YEGUA 6300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 251267District 03Field 58316444CondensateGasSave
Value, all time
$3.1 M
May 2009 – May 2017
Value, last 12 filed months
$554
at the published price for each month
Months reported
97
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
CondensateDisposition8,599 bbl$737,363
GasProduction634,286 Mcf$2,408,267
Total$3,145,631

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 29.5009, -96.3271. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.50088, -96.32713 · 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
7,305 ft
1 wells filed one
Completion to plug
7.4 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 7,305 ft.

Completions filed
May 2009
1 of 1 wells
Plug dates filed
Oct 2016
1 of 1 wells

Last completion to plug: a median of 7.4 years across the 1 well that filed both dates, with the middle half between 7.4 years and 7.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0893260817,305 ftMay 2009Oct 2016Yes

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 (97)

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

97 months

May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 201612046.193.09$554
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015167032.362.00$5,404
Nov 201501238.792.17$26
Oct 2015020043.552.43$485
Sep 2015020042.992.76$552
Aug 2015020040.162.87$575
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201516620055.212.96$9,756
Apr 2015020049.822.71$541
Mar 2015020042.892.93$587
Feb 2015020044.662.98$595
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014020070.464.25$850
Oct 2014020078.303.90$780
Sep 20140086.164.05$0
Aug 201401,25989.394.04$5,080
Jul 201401,46396.564.18$6,115
Jun 201401,79898.164.74$8,517
May 201401,73394.734.73$8,191
Apr 201403,09795.944.81$14,894
Mar 20141624,46595.895.06$38,113
Feb 201402,73697.406.19$16,941
Jan 2014036190.404.86$1,755
Dec 2013055091.824.35$2,395
Nov 2013096788.853.74$3,615
Oct 201302,84697.423.78$10,756
Sep 201302,859104.113.72$10,629
Aug 20131574,741104.253.52$33,068
Jul 20131593,653102.523.72$29,882
Jun 201303,48094.403.93$13,688
May 20131579,69394.834.15$55,105
Apr 201333610,29493.964.28$75,656
Mar 201309,82093.623.91$38,424
Feb 201309,39091.233.42$32,113
Jan 201314810,34591.603.42$48,936
Dec 2012010,65186.773.42$36,428
Nov 201233310,55286.953.62$67,205
Oct 2012015,84289.383.40$53,858
Sep 201233114,00994.672.92$72,220
Aug 201214915,58592.662.91$59,130
Jul 2012013,86585.133.02$41,883
Jun 2012010,72379.822.52$27,012
May 201215912,17691.612.49$44,864
Apr 201216816,123101.652.00$49,272
Mar 2012011,584105.052.22$25,741
Feb 201215911,342101.102.57$45,227
Jan 2012015,12698.092.73$41,356
Dec 20111,73615,21896.873.24$217,469
Nov 201116014,01795.723.31$61,729
Oct 201116115,42584.983.65$69,961
Sep 2011014,56583.623.99$58,053
Aug 201115815,49483.404.15$77,467
Jul 201116514,97194.144.52$83,161
Jun 2011014,56292.904.64$67,566
May 201116815,79898.134.40$86,073
Apr 201115816,213105.964.33$86,997
Mar 201115816,28996.364.06$81,315
Feb 201117214,94585.644.18$77,200
Jan 201118116,36986.504.59$90,770
Dec 201017111,12185.734.35$63,011
Nov 201015511,65980.843.80$56,780
Oct 201015212,72178.103.51$56,508
Sep 2010011,17872.633.98$44,483
Aug 201016012,07873.684.42$65,166
Jul 201016011,34272.554.74$65,329
Jun 20101569,90370.364.91$59,604
May 201015610,38571.124.24$55,077
Apr 201009,63181.694.12$39,706
Mar 20101609,81978.394.39$55,635
Feb 20101839,39873.585.44$64,612
Jan 201009,46774.365.96$56,462
Dec 20091697,80371.445.48$54,863
Nov 20091618,11274.593.75$42,441
Oct 2009010,14972.544.11$41,715
Sep 200916511,03665.543.06$44,637
Aug 200916612,04967.423.22$49,971
Jul 200950512,86161.133.46$75,428
Jun 200909,91166.163.90$38,603
May 200904,85754.743.93$19,067

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 2016 — as filed, then multipliedworked
Condensate            12 bbl  × $ 46.19 =       $554
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                     $554

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/251267 is the state's own key, not one this site invented.