BULLPEN

Operated by NEW CENTURY EXPLORATION, INC. (P-5 606055) in the MERCY, SE. (9400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 265187District 03Field 60594500CondensateGasSaveExport
Value, all time
$1.4 M
Oct 2011 – Mar 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
66
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 4 wells, and the rule below applies to all of them.

Discovered
1968-05-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition9,569 bbl$884,909
GasProduction160,057 Mcf$511,665
Total$1,396,575

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 30.3786, -95.1266. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.37862, -95.12665 · 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
0.0%
0 of 1 wells
Median depth
13,446 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 13,446 ft.

Completions filed
Aug 2013
1 of 1 wells

1 well

42-40730719113,446 ftAug 2013Yes

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 (66)

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

66 months

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 20160046.193.09$0
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 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
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 20131040104.253.52$10,842
Jul 20131744,601102.523.72$34,944
Jun 201305,59094.403.93$21,988
May 20131877,98094.834.15$50,843
Apr 20131937,84893.964.28$51,744
Mar 20135718,73293.623.91$87,624
Feb 201320611,76991.233.42$59,042
Jan 20131954491.603.42$18,012
Dec 20121903,71986.773.42$29,206
Nov 201279711,47086.953.62$110,877
Oct 20121,12712,89889.383.40$144,580
Sep 20121,14714794.672.92$109,015
Aug 201255015,53192.662.91$96,130
Jul 201257012,59685.133.02$86,574
Jun 201274113,02879.822.52$91,965
May 201258312,36491.612.49$84,174
Apr 20123756,340101.652.00$50,778
Mar 20121973,448105.052.22$28,357
Feb 2012574564101.102.57$59,481
Jan 201270810,36498.092.73$97,784
Dec 20113809,79396.873.24$68,537
Nov 201101,23195.723.31$4,076
Oct 20110084.983.65$0

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 2013 — as filed, then multipliedworked
Condensate           104 bbl  × $104.25 =    $10,842
Gas                    0 Mcf  × $  3.52 =         $0

────────────────────────────────────────────────────
Month total                                  $10,842

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/265187 is the state's own key, not one this site invented.