NANA UNIT

Operated by BROWNING OIL COMPANY, INC. (P-5 103088) in the GINI (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 268449District 03Field 34986700CondensateGasSaveExport
Value, all time
$7.5 M
Dec 2012 – Feb 2016
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
39
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 29 leases and 43 wells, and the rule below applies to all of them.

Discovered
1985-06-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-08-21.

The Commission's schedule remark for this field reads: RESCINDED.

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
CondensateDisposition10,946 bbl$1,052,281
GasProduction1,695,244 Mcf$6,437,185
Total$7,489,466

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 30.0859, -96.8353. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.08590, -96.83530 · 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
10,686 ft
1 wells filed one
Completion to plug
2.2 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 10,686 ft.

Completions filed
Dec 2013
1 of 1 wells
Plug dates filed
Feb 2016
1 of 1 wells

Last completion to plug: a median of 2.2 years across the 1 well that filed both dates, with the middle half between 2.2 years and 2.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-14931260110,686 ftDec 2013Feb 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 (39)

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

39 months

Feb 201626026.472.06$688
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 2015013155.212.96$387
Apr 201501,43049.822.71$3,870
Mar 201503,36842.892.93$9,884
Feb 201503,48744.662.98$10,378
Jan 201504,36143.433.10$13,522
Dec 201404,37354.693.59$15,705
Nov 201404,28170.464.25$18,202
Oct 201404,37178.303.90$17,051
Sep 201404,15486.164.05$16,805
Aug 201405,74989.394.04$23,198
Jul 201405,23496.564.18$21,876
Jun 201404,31498.164.74$20,435
May 201403,96694.734.73$18,746
Apr 201405,80095.944.81$27,893
Mar 201408,05895.895.06$40,748
Feb 201418911,24197.406.19$88,013
Jan 2014025,60890.404.86$124,473
Dec 2013123,38491.824.35$101,917
Nov 201318675,71688.853.74$299,574
Oct 2013947134,60697.423.78$600,981
Sep 2013925169,295104.113.72$725,697
Aug 20131,116177,512104.253.52$741,649
Jul 20131,091176,679102.523.72$768,696
Jun 20131,289166,34594.403.93$775,985
May 2013732111,38594.834.15$531,561
Apr 201389798,34393.964.28$505,445
Mar 2013921124,67093.623.91$574,042
Feb 20131,309145,70191.233.42$617,704
Jan 2013935130,92691.603.42$533,401
Dec 201238260,75686.773.42$240,941

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.

Feb 2016 — as filed, then multipliedworked
Condensate            26 bbl  × $ 26.47 =       $688
Gas                    0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                     $688

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/268449 is the state's own key, not one this site invented.