TWO FINGERS UNIT

Operated by ENERVEST OPERATING, L.L.C. (P-5 252131) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 81078District 03Field 34773550NGPA filingCondensateGasSaveExport
Value, all time
$1.2 M
Jan 1993 – May 2008
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
185
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
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 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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
CondensateDisposition3,277 bbl$132,595
GasProduction258,573 Mcf$1,026,482
Total$1,159,078

79,751 Mcf of this lease's gas, across 33 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 30.2715, -96.7433. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.27152, -96.74330 · 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
8,859 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 8,859 ft.

Completions filed
Aug 2007
1 of 1 wells

1 well

42-2873040028,859 ftAug 2007Yes

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 (185)

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

185 months

May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 200741069.066.39$2,831
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200701258.747.85$94
Apr 200702959.617.81$226
Mar 20070056.927.30$0
Feb 200718785155.108.22$17,296
Jan 200704,30750.306.73$28,973
Dec 200614,45156.656.92$30,851
Nov 20062004,40354.207.62$44,380
Oct 200614,99654.906.01$30,100
Sep 20061924,76860.085.04$35,553
Aug 200615,08768.717.34$37,407
Jul 200605,18669.376.34$32,894
Jun 20061915,08566.286.38$45,122
May 200615,42666.016.42$34,928
Apr 20061995,53764.397.36$53,569
Mar 20062004,94056.707.08$46,330
Feb 200615,07557.597.75$39,395
Jan 200614,46660.598.93$39,957
Dec 20051864,37854.9413.42$68,951
Nov 20051213,62154.6910.59$44,958
Oct 200501158.3413.80$152
Sep 200501,50461.4512.08$18,167
Aug 200504,05561.519.80$39,726
Jul 20051946,75855.697.84$63,811
Jun 200501,66952.337.38$12,319
May 200502,17145.226.65$14,440
Apr 200501,56949.207.36$11,549
Mar 2005071350.377.15$5,101
Feb 2005144445.226.31$2,848
Jan 2005036143.166.32$2,282
Dec 2004136539.866.75$2,504
Nov 2004034745.286.33$2,197
Oct 2004066149.706.52$4,306
Sep 2004011443.245.28$602
Aug 2004060442.375.55$3,353
Jul 2004023338.286.08$1,418
Jun 2004021736.106.43$1,396
May 2004085537.486.49$5,553
Apr 2004051334.475.86$3,005
Mar 2004038434.365.53$2,124
Feb 2004029332.455.51$1,614
Jan 2004032132.036.30$2,022
Dec 2003052530.266.30$3,308
Nov 2003032428.804.60$1,489
Oct 2003021528.174.76$1,023
Sep 2003049326.314.75$2,341
Aug 2003021529.765.13$1,103
Jul 200309329.415.17$481
Jun 2003030228.565.98$1,807
May 2003032826.595.97$1,959
Apr 2003028726.675.41$1,552
Mar 2003029631.146.10$1,804
Feb 2003036033.487.93$2,853
Jan 2003033130.315.58$1,848
Dec 2002075826.914.85$3,679
Nov 2002049024.664.14$2,027
Oct 2002047426.464.23$2,005
Sep 2002041327.443.64$1,501
Aug 20020025.963.16$0
Jul 2002012124.583.06$370
Jun 2002011023.733.34$367
May 2002043924.663.58$1,573
Apr 200201,49923.653.51$5,265
Mar 200201,34222.003.10$4,164
Feb 2002085218.222.38$2,024
Jan 200201,51417.172.38$3,597
Dec 20010016.932.36$0
Nov 2001027918.072.41$671
Oct 2001021219.782.53$536
Sep 200119513424.262.25$5,032
Aug 2001010324.873.05$314
Jul 2001026523.933.20$847
Jun 2001031424.563.82$1,201
May 2001035425.524.31$1,525
Apr 2001011124.685.34$592
Mar 200105824.545.38$312
Feb 2001027127.755.77$1,563
Jan 200106527.478.40$546
Dec 2000058426.889.12$5,328
Nov 200002,85732.215.66$16,165
Oct 200004,33531.235.15$22,306
Sep 200004,45631.875.19$23,111
Aug 200007,13829.644.54$32,412
Jul 200003,31128.534.09$13,541
Jun 20003304,11329.304.40$27,755
May 200005,07727.263.68$18,682
Apr 200006,11024.513.12$19,039
Mar 2000083728.422.86$2,394
Feb 2000082927.622.73$2,260
Jan 2000065525.272.48$1,625
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 199901,24517.892.37$2,954
Jun 199907,19515.942.36$16,995
May 199907,66315.792.32$17,786
Apr 199901,48815.102.21$3,286
Mar 1999074112.471.84$1,362
Feb 199901,0769.981.82$1,956
Jan 199901,58310.381.90$3,008
Dec 199802,7099.201.77$4,804
Nov 199804,09310.892.19$8,946
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 199611916.98$17
Jan 19960017.07$0
Dec 19950017.19$0
Nov 199503,19516.00$0
Oct 199503,91615.43$0
Sep 199501,07316.18$0
Aug 199501,22715.92$0
Jul 199503,31715.24$0
Jun 199501,13116.41$0
May 1995068417.56$0
Apr 199501,44217.73$0
Mar 199503,29716.44$0
Feb 199503,00716.58$0
Jan 1995078715.92$0
Dec 199401,91115.03$0
Nov 199403,70015.90$0
Oct 19940015.58$0
Sep 199402,16915.29$0
Aug 19940016.13$0
Jul 19941611,83117.56$2,827
Jun 19942141,23317.09$3,657
May 199402,34915.88$0
Apr 199402,07914.14$0
Mar 199402,89712.46$0
Feb 19940012.50$0
Jan 199404,00512.66$0
Dec 199303,07912.33$0
Nov 199303,33114.49$0
Oct 19932564,09915.85$4,058
Sep 199301,33315.03$0
Aug 199304,34715.66$0
Jul 1993079415.46$0
Jun 1993363,82216.79$604
May 199303,36517.68$0
Apr 1993242,23618.05$433
Mar 19933412,67618.14$6,186
Feb 199302,18517.90$0
Jan 199303,21516.93$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 2007 — as filed, then multipliedworked
Condensate            41 bbl  × $ 69.06 =     $2,831
Gas                    0 Mcf  × $  6.39 =         $0

────────────────────────────────────────────────────
Month total                                   $2,831

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/81078 is the state's own key, not one this site invented.