JOSEY, MARI

Operated by JOSEY OIL COMPANY, LTD. (P-5 447772) in the LANGHAM CREEK (YEGUA 6900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 281516District 03Field 51940700CondensateGasSaveExport
Value, all time
$1.1 M
Sep 2015 – Nov 2020
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
63
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
1981-04-05
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
CondensateDisposition3,169 bbl$134,242
GasProduction358,117 Mcf$993,426
Total$1,127,668

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 29.9084, -95.7158. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.90845, -95.71584 · 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
7,760 ft
1 wells filed one
Completion to plug
4.8 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 7,760 ft.

Completions filed
Sep 2015
1 of 1 wells
Plug dates filed
Jul 2020
1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2013281327,760 ftSep 2015Jul 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 (63)

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

63 months

Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020116039.982.39$4,638
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
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 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 201821063.842.90$1,341
Mar 201804,77861.222.79$13,316
Feb 201804,90661.782.77$13,571
Jan 201804,87162.874.01$19,529
Dec 201705,33357.272.92$15,580
Nov 20171675,16655.423.12$25,365
Oct 201704,98949.292.98$14,886
Sep 201702,68747.523.09$8,296
Aug 201709,78445.373.00$29,395
Jul 201715815,00043.873.09$53,241
Jun 2017015,62742.493.09$48,245
May 201718017,81245.373.26$66,294
Apr 201718018,62947.933.21$68,456
Mar 2017018,48646.772.98$55,156
Feb 201716412,15850.452.95$44,172
Jan 201718611,96049.413.42$50,079
Dec 201617511,40648.763.72$50,996
Nov 2016011,20642.492.64$29,633
Oct 201614814,24246.193.09$50,848
Sep 201616013,06641.553.10$47,161
Aug 201617315,08841.442.92$51,292
Jul 201619014,62541.622.92$50,676
Jun 201617614,01345.352.69$45,618
May 201617715,22042.521.99$37,830
Apr 201618814,95236.561.99$36,643
Mar 2016013,96933.011.79$25,061
Feb 201618012,88826.472.06$31,361
Jan 201617613,83527.352.36$37,525
Dec 201516914,79532.362.00$35,080
Nov 20158511,78738.792.17$28,843
Oct 2015010,20643.552.43$24,766
Sep 201504,63342.992.76$12,780

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 2020 — as filed, then multipliedworked
Condensate           116 bbl  × $ 39.98 =     $4,638
Gas                    0 Mcf  × $  2.39 =         $0

────────────────────────────────────────────────────
Month total                                   $4,638

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/281516 is the state's own key, not one this site invented.