MILLER, GEORGE ESTATE

Operated by PRIME OPERATING COMPANY (P-5 677770) in the HAMEL, EAST (9650) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 252263District 03Field 384345502 tax incentive programmesCondensateGasSaveExport
Value, all time
$975 k
Aug 2009 – Jan 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
54
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1997-09-30
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 06/01/2010.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112010-09-21199530
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition4,182 bbl$318,847
GasProduction154,782 Mcf$656,406
Total$975,253

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 29.6448, -96.6714. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.64477, -96.67137 · 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
9,970 ft
1 wells filed one
Completion to plug
4.4 years
median over 1 well

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 9,970 ft.

Completions filed
Aug 2009
1 of 1 wells
Plug dates filed
Jan 2014
1 of 1 wells

Last completion to plug: a median of 4.4 years across the 1 well that filed both dates, with the middle half between 4.4 years and 4.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0893168319,970 ftAug 2009Jan 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 (54)

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

54 months

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 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 201220091.612.49$1,832
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 201257098.092.73$5,591
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20111535784.983.65$13,210
Sep 201102,79983.623.99$11,156
Aug 20111792,76883.404.15$26,414
Jul 201102,26194.144.52$10,213
Jun 2011079792.904.64$3,698
May 20111861,92698.134.40$26,736
Apr 201105,698105.964.33$24,691
Mar 20111845,54396.364.06$40,220
Feb 201102,04485.644.18$8,544
Jan 201118591086.504.59$20,178
Dec 201002,78185.734.35$12,091
Nov 201003,82780.843.80$14,525
Oct 2010074578.103.51$2,614
Sep 20101881,58472.633.98$19,958
Aug 201006,50373.684.42$28,739
Jul 20101876,96072.554.74$46,533
Jun 20101798,38170.364.91$53,749
May 20101856,19971.124.24$39,411
Apr 20101846,98481.694.12$43,824
Mar 20101817,30478.394.39$46,243
Feb 201005,29973.585.44$28,839
Jan 20101887,78574.365.96$60,410
Dec 200918710,09171.445.48$68,696
Nov 200936511,76974.593.75$71,377
Oct 200955013,91072.544.11$97,071
Sep 200937214,69465.543.06$69,414
Aug 200945215,16367.423.22$79,276

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 2012 — as filed, then multipliedworked
Condensate            20 bbl  × $ 91.61 =     $1,832
Gas                    0 Mcf  × $  2.49 =         $0

────────────────────────────────────────────────────
Month total                                   $1,832

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/252263 is the state's own key, not one this site invented.