BAILEY, ARBRA

Operated by MITCHELL ENERGY CORPORATION (P-5 570655) in the LEGGETT (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 71993District 03Field 52978500NGPA filingCondensateGasSaveExport
Value, all time
$70 k
Jan 1993 – Mar 1998
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1974-03-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
3,735 ft
minimum
From a lease line
1,867 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 06/01/1999.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition4,089 bbl$66,469
GasProduction140,539 Mcf$3,383
Total$69,852

139,189 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 30.8433, -94.8798. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.84329, -94.87981 · 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
13,190 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 13,190 ft.

Completions filed
Dec 1997
1 of 1 wells

1 well

42-37330207113,190 ftDec 1997Yes

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

Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 199888014.702.15$1,294
Dec 1997113016.322.41$1,844
Nov 19970018.193.09$0
Oct 199705819.253.15$183
Sep 199707717.742.95$228
Aug 1997017017.862.55$434
Jul 1997016217.582.25$364
Jun 199705917.242.26$133
May 1997029418.972.31$679
Apr 1997011117.882.08$231
Mar 1997016818.951.94$326
Feb 199706220.492.21$137
Jan 1997018923.483.54$669
Dec 1996013223.32$0
Nov 1996011521.97$0
Oct 199601,56023.31$0
Sep 199602,23322.22$0
Aug 19961791,93620.26$3,627
Jul 199601,92219.55$0
Jun 199601,50418.73$0
May 19962392,21419.43$4,644
Apr 199602,23521.51$0
Mar 19961902,42019.38$3,682
Feb 199602,77216.98$0
Jan 199603,03917.07$0
Dec 19951863,12917.19$3,197
Nov 199502,60216.00$0
Oct 19951782,80515.43$2,747
Sep 199502,74216.18$0
Aug 199502,72315.92$0
Jul 19951792,77715.24$2,728
Jun 199503,03316.41$0
May 19951883,09217.56$3,301
Apr 199503,18617.73$0
Mar 199502,34916.44$0
Feb 19951783,58916.58$2,951
Jan 199503,76015.92$0
Dec 19941822,34115.03$2,735
Nov 199401,96915.90$0
Oct 19941794,18015.58$2,789
Sep 199403,99815.29$0
Aug 19941833,29816.13$2,952
Jul 19941824,30717.56$3,196
Jun 199404,17117.09$0
May 19941864,22615.88$2,954
Apr 19941844,42014.14$2,602
Mar 199404,50012.46$0
Feb 19941844,76412.50$2,300
Jan 19941805,42312.66$2,279
Dec 19931824,97612.33$2,244
Nov 199303,89514.49$0
Oct 1993087515.85$0
Sep 199318791715.03$2,811
Aug 1993083315.66$0
Jul 199301,25915.46$0
Jun 1993068516.79$0
May 199301,31917.68$0
Apr 19931782,95018.05$3,213
Mar 19931804,95418.14$3,265
Feb 199305,19417.90$0
Jan 19931845,86616.93$3,115

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.

Jan 1998 — as filed, then multipliedworked
Condensate            88 bbl  × $ 14.70 =     $1,294
Gas                    0 Mcf  × $  2.15 =         $0

────────────────────────────────────────────────────
Month total                                   $1,294

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/71993 is the state's own key, not one this site invented.