MOODY FOUNDATION

Operated by ABACO OPERATING, LLC (P-5 894) in the MAYES, SOUTH (FRIO 19) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 260387District 03Field 58651640CondensateGasSaveExport
Value, all time
$5.0 M
Nov 2010 – Feb 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
112
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1956-10-10
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: AOF-1 AND AOF-2 EFFECTIVE 11/01/2014.

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
CondensateDisposition55,673 bbl$4,613,045
GasProduction95,317 Mcf$365,569
Total$4,978,613

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 29.5558, -94.6845. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.55578, -94.68454 · 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
13,049 ft
1 wells filed one
Completion to plug
9.3 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 13,049 ft.

Completions filed
Nov 2010
1 of 1 wells
Plug dates filed
Feb 2020
1 of 1 wells

Last completion to plug: a median of 9.3 years across the 1 well that filed both dates, with the middle half between 9.3 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-07132398113,049 ftNov 2010Feb 2020Yes

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 (112)

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

112 months

Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20183136559.403.07$18,792
Jul 20180065.142.93$0
Jun 201805260.183.08$160
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180761.222.79$20
Feb 201836517861.782.77$23,042
Jan 20183719662.874.01$23,710
Dec 201718149257.272.92$11,803
Nov 201737324155.423.12$21,423
Oct 2017013749.292.98$409
Sep 20173696047.523.09$17,720
Aug 2017022645.373.00$679
Jul 201736937243.873.09$17,337
Jun 201737227142.493.09$16,643
May 201737915545.373.26$17,701
Apr 2017020747.933.21$665
Mar 201753521846.772.98$25,672
Feb 201736321850.452.95$18,957
Jan 201736523649.413.42$18,841
Dec 201637542148.763.72$19,852
Nov 201637051742.492.64$17,088
Oct 201637048846.193.09$18,598
Sep 2016021641.553.10$670
Aug 201636424041.442.92$15,786
Jul 201635730041.622.92$15,736
Jun 201636527745.352.69$17,297
May 201636536742.521.99$16,251
Apr 2016018636.561.99$370
Mar 201673011233.011.79$24,298
Feb 2016013926.472.06$287
Jan 201636813327.352.36$10,379
Dec 201536621432.362.00$12,272
Nov 2015022438.792.17$485
Oct 201536830343.552.43$16,762
Sep 201536332542.992.76$16,502
Aug 201536033140.162.87$15,408
Jul 201536726248.152.95$18,443
Jun 201535738656.152.88$21,158
May 201535739155.212.96$20,866
Apr 201555532949.822.71$28,541
Mar 201517717242.892.93$8,096
Feb 201536212044.662.98$16,524
Jan 201535824643.433.10$16,311
Dec 201436516654.693.59$20,558
Nov 201435819970.464.25$26,071
Oct 201435126578.303.90$28,517
Sep 201435332986.164.05$31,745
Aug 201434919489.394.04$31,980
Jul 201436024096.564.18$35,765
Jun 201434941498.164.74$36,219
May 201435337294.734.73$35,198
Apr 201463737095.944.81$62,893
Mar 2014019795.895.06$996
Feb 201435718397.406.19$35,905
Jan 201471614590.404.86$65,431
Dec 2013016891.824.35$732
Nov 201335413688.853.74$31,961
Oct 201369827697.423.78$69,042
Sep 2013351463104.113.72$38,264
Aug 2013354529104.253.52$38,768
Jul 2013353614102.523.72$38,472
Jun 201370366894.403.93$68,991
May 201334865594.834.15$35,718
Apr 201371235293.964.28$68,407
Mar 201371348693.623.91$68,653
Feb 201335456491.233.42$34,224
Jan 201371373691.603.42$67,828
Dec 201270640986.773.42$62,658
Nov 201234784586.953.62$33,235
Oct 201271594389.383.40$67,113
Sep 20127101,06794.672.92$70,330
Aug 201270890092.662.91$68,221
Jul 20127041,00385.133.02$62,961
Jun 20128771,37379.822.52$73,461
May 20127081,45891.612.49$68,488
Apr 20125201,478101.652.00$55,809
Mar 20128791,499105.052.22$95,670
Feb 20128911,531101.102.57$94,015
Jan 20128871,40898.092.73$90,855
Dec 20111,0742,16296.873.24$111,043
Nov 20111,0601,95595.723.31$107,937
Oct 20111,2362,78484.983.65$115,193
Sep 20111,2442,52183.623.99$114,071
Aug 20111,3973,05683.404.15$129,190
Jul 20111,4113,56094.144.52$148,913
Jun 20111,9124,28692.904.64$197,511
May 20112,8025,71498.134.40$300,129
Apr 20113,5768,113105.964.33$414,069
Mar 20113,99010,03796.364.06$425,200
Feb 20112,3296,30285.644.18$225,798
Jan 20111,8078,29286.504.59$194,356
Dec 20106682,72485.734.35$69,111
Nov 20103051,24680.843.80$29,385

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.

Aug 2018 — as filed, then multipliedworked
Condensate           313 bbl  × $ 59.40 =    $18,592
Gas                   65 Mcf  × $  3.07 =       $199

────────────────────────────────────────────────────
Month total                                  $18,792

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/260387 is the state's own key, not one this site invented.