TICONDEROGA GAS UNIT A

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the MAPLE SLOUGH (UPPER WILCOX CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 281878District 03Field 57299757CondensateGasSaveExport
Value, all time
$102 k
Oct 2015 – Jan 2019
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
40
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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
2010-07-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 2015-06-09.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA IS NOT SUSPENDED, ANNUAL TESTING IS REQUIRED.

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
CondensateDisposition305 bbl$18,011
GasProduction36,874 Mcf$83,775
Total$101,786

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 30.4920, -94.1775. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.49196, -94.17755 · 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
10,144 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 10,144 ft.

Completions filed
Sep 2018
1 of 1 wells

1 well

42-199335271H10,144 ftSep 2018Yes

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 (40)

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

40 months

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 2018206065.142.93$13,419
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20171149.292.98$52
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20175049.413.42$247
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20169344746.193.09$5,677
Sep 2016078641.553.10$2,437
Aug 201601,25441.442.92$3,667
Jul 201601,41441.622.92$4,135
Jun 201601,13645.352.69$3,051
May 201602,43842.521.99$4,854
Apr 20160036.561.99$0
Mar 201604,69933.011.79$8,430
Feb 201605,93926.472.06$12,256
Jan 20160027.352.36$0
Dec 2015073932.362.00$1,479
Nov 201506,35738.792.17$13,778
Oct 2015011,66443.552.43$28,304

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.

Jul 2018 — as filed, then multipliedworked
Condensate           206 bbl  × $ 65.14 =    $13,419
Gas                    0 Mcf  × $  2.93 =         $0

────────────────────────────────────────────────────
Month total                                  $13,419

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/281878 is the state's own key, not one this site invented.