MORGAN, L.R.

Name: MORGAN, L.R. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FINLEY RESOURCES, INC. (P-5 268602) in the KATY (WILCOX CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 95729District 03Field 48278850NGPA filingCondensateGasSave Export

Value, all time

$2.9 M

Jan 1993 – Sep 2010

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

213

no gaps in the span

Streams

condensate, gas

The KATY (WILCOX CONS.) field

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 74 leases and 74 wells, and the rule below applies to all of them.

Discovered

2004-07-06

as the register files it

Field class

Gas

the register's own label

Between wells

933 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 2004-07-06.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 03/01/2007.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	3	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	6,335 bbl	$144,859
Gas	Production	904,680 Mcf	$2,769,930
Total			$2,914,789

310,304 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 29.7637, -95.8315. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.76372, -95.83150 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,476 ft

1 wells filed one

Completion to plug

29.0 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 10,476 ft.

Completions filed

Sep 1981

1 of 1 wells

Plug dates filed

Sep 2010

1 of 1 wells

Last completion to plug: a median of 29.0 years across the 1 well that filed both dates, with the middle half between 29.0 years and 29.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-15731207	1	10,476 ft	Sep 1981	Sep 2010	Yes

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 (213)

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

213 months


Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	75	0	72.55	4.74	$5,441
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	38	0	67.42	3.22	$2,562
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	1	66.16	3.90	$4
May 2009	18	5	54.74	3.93	$1,005
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	1,324	42.14	4.06	$5,374
Feb 2009	0	1,888	32.81	4.63	$8,747
Jan 2009	0	2,420	35.86	5.37	$12,998
Dec 2008	207	2,612	37.10	5.98	$23,292
Nov 2008	0	1,793	55.49	6.86	$12,301
Oct 2008	0	2,196	75.24	6.92	$15,201
Sep 2008	0	1,454	101.76	7.88	$11,453
Aug 2008	0	2,333	114.22	8.48	$19,791
Jul 2008	0	2,543	131.08	11.39	$28,963
Jun 2008	0	2,570	131.33	13.03	$33,494
May 2008	0	2,473	123.17	11.57	$28,623
Apr 2008	0	2,593	110.31	10.45	$27,109
Mar 2008	0	2,870	101.90	9.66	$27,736
Feb 2008	0	2,672	92.53	8.77	$23,435
Jan 2008	0	2,496	90.38	8.21	$20,482
Dec 2007	144	2,615	88.33	7.30	$31,814
Nov 2007	0	3,893	91.67	7.29	$28,387
Oct 2007	0	3,852	82.85	6.92	$26,663
Sep 2007	0	3,050	75.84	6.24	$19,045
Aug 2007	0	3,896	69.06	6.39	$24,887
Jul 2007	0	4,312	70.90	6.39	$27,545
Jun 2007	0	4,095	62.00	7.55	$30,911
May 2007	0	2,597	58.74	7.85	$20,377
Apr 2007	0	4,896	59.61	7.81	$38,214
Mar 2007	0	4,196	56.92	7.30	$30,639
Feb 2007	0	4,880	55.10	8.22	$40,094
Jan 2007	0	4,898	50.30	6.73	$32,948
Dec 2006	0	4,328	56.65	6.92	$29,943
Nov 2006	0	3,576	54.20	7.62	$27,240
Oct 2006	192	4,622	54.90	6.01	$38,337
Sep 2006	0	4,232	60.08	5.04	$21,317
Aug 2006	0	2,412	68.71	7.34	$17,704
Jul 2006	0	2,548	69.37	6.34	$16,161
Jun 2006	0	793	66.28	6.38	$5,062
May 2006	0	3,590	66.01	6.42	$23,066
Apr 2006	0	5,097	64.39	7.36	$37,516
Mar 2006	0	5,308	56.70	7.08	$37,596
Feb 2006	0	2,983	57.59	7.75	$23,122
Jan 2006	0	4,012	60.59	8.93	$35,840
Dec 2005	0	5,277	54.94	13.42	$70,793
Nov 2005	0	5,534	54.69	10.59	$58,596
Oct 2005	0	6,806	58.34	13.80	$93,894
Sep 2005	0	6,027	61.45	12.08	$72,800
Aug 2005	0	6,883	61.51	9.80	$67,432
Jul 2005	0	3,241	55.69	7.84	$25,421
Jun 2005	0	5,202	52.33	7.38	$38,396
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	887	28.17	4.76	$4,222
Sep 2003	0	3,803	26.31	4.75	$18,062
Aug 2003	0	3,958	29.76	5.13	$20,303
Jul 2003	0	4,126	29.41	5.17	$21,335
Jun 2003	0	4,028	28.56	5.98	$24,099
May 2003	0	3,983	26.59	5.97	$23,789
Apr 2003	0	3,823	26.67	5.41	$20,672
Mar 2003	0	4,376	31.14	6.10	$26,676
Feb 2003	0	4,033	33.48	7.93	$31,965
Jan 2003	0	6,882	30.31	5.58	$38,416
Dec 2002	0	4,239	26.91	4.85	$20,575
Nov 2002	0	4,378	24.66	4.14	$18,112
Oct 2002	0	4,780	26.46	4.23	$20,215
Sep 2002	177	4,745	27.44	3.64	$22,106
Aug 2002	0	4,991	25.96	3.16	$15,792
Jul 2002	0	5,700	24.58	3.06	$17,452
Jun 2002	0	3,977	23.73	3.34	$13,276
May 2002	0	4,972	24.66	3.58	$17,820
Apr 2002	0	5,030	23.65	3.51	$17,667
Mar 2002	0	4,191	22.00	3.10	$13,004
Feb 2002	0	5,016	18.22	2.38	$11,916
Jan 2002	0	4,628	17.17	2.38	$10,995
Dec 2001	0	3,481	16.93	2.36	$8,230
Nov 2001	0	2,931	18.07	2.41	$7,051
Oct 2001	0	3,295	19.78	2.53	$8,333
Sep 2001	0	3,387	24.26	2.25	$7,625
Aug 2001	0	2,876	24.87	3.05	$8,781
Jul 2001	0	4,204	23.93	3.20	$13,441
Jun 2001	175	4,238	24.56	3.82	$20,505
May 2001	176	3,559	25.52	4.31	$19,821
Apr 2001	0	4,551	24.68	5.34	$24,281
Mar 2001	0	3,820	24.54	5.38	$20,538
Feb 2001	0	3,969	27.75	5.77	$22,890
Jan 2001	0	5,871	27.47	8.40	$49,309
Dec 2000	0	4,225	26.88	9.12	$38,543
Nov 2000	0	4,259	32.21	5.66	$24,097
Oct 2000	0	4,754	31.23	5.15	$24,462
Sep 2000	0	4,758	31.87	5.19	$24,677
Aug 2000	176	4,649	29.64	4.54	$26,327
Jul 2000	0	4,764	28.53	4.09	$19,484
Jun 2000	0	4,928	29.30	4.40	$21,670
May 2000	0	4,477	27.26	3.68	$16,474
Apr 2000	0	3,164	24.51	3.12	$9,859
Mar 2000	0	4,874	28.42	2.86	$13,938
Feb 2000	0	3,599	27.62	2.73	$9,813
Jan 2000	0	5,443	25.27	2.48	$13,501
Dec 1999	380	7,011	24.28	2.42	$26,219
Nov 1999	0	6,424	23.19	2.43	$15,636
Oct 1999	0	4,950	20.98	2.80	$13,878
Sep 1999	0	1,962	21.75	2.62	$5,138
Aug 1999	0	5,509	19.26	2.88	$15,842
Jul 1999	0	8,223	17.89	2.37	$19,508
Jun 1999	372	5,813	15.94	2.36	$19,661
May 1999	0	4,954	15.79	2.32	$11,498
Apr 1999	0	5,836	15.10	2.21	$12,886
Mar 1999	0	8,336	12.47	1.84	$15,324
Feb 1999	0	6,096	9.98	1.82	$11,081
Jan 1999	0	7,995	10.38	1.90	$15,190
Dec 1998	0	8,914	9.20	1.77	$15,807
Nov 1998	0	9,884	10.89	2.19	$21,604
Oct 1998	0	9,857	12.42	1.97	$19,411
Sep 1998	0	7,871	12.59	2.08	$16,392
Aug 1998	0	7,639	11.30	1.91	$14,570
Jul 1998	0	9,411	11.74	2.24	$21,055
Jun 1998	0	7,773	11.24	2.24	$17,390
May 1998	174	7,877	12.62	2.21	$19,575
Apr 1998	193	8,831	13.04	2.51	$24,641
Mar 1998	0	7,895	12.80	2.31	$18,233
Feb 1998	0	8,053	13.95	2.30	$18,515
Jan 1998	0	4,550	14.70	2.15	$9,804
Dec 1997	0	6,128	16.32	2.41	$14,775
Nov 1997	0	6,516	18.19	3.09	$20,123
Oct 1997	0	9,947	19.25	3.15	$31,331
Sep 1997	178	9,647	17.74	2.95	$31,663
Aug 1997	0	8,282	17.86	2.55	$21,158
Jul 1997	0	4,844	17.58	2.25	$10,884
Jun 1997	0	2,945	17.24	2.26	$6,647
May 1997	184	2,282	18.97	2.31	$8,758
Apr 1997	0	2,578	17.88	2.08	$5,369
Mar 1997	0	3,097	18.95	1.94	$6,006
Feb 1997	183	2,413	20.49	2.21	$9,073
Jan 1997	0	3,517	23.48	3.54	$12,449
Dec 1996	0	4,794	23.32	—	$0
Nov 1996	190	4,282	21.97	—	$4,174
Oct 1996	0	5,429	23.31	—	$0
Sep 1996	186	5,851	22.22	—	$4,133
Aug 1996	0	5,656	20.26	—	$0
Jul 1996	0	7,491	19.55	—	$0
Jun 1996	185	6,388	18.73	—	$3,465
May 1996	0	8,131	19.43	—	$0
Apr 1996	0	8,202	21.51	—	$0
Mar 1996	0	6,983	19.38	—	$0
Feb 1996	182	5,140	16.98	—	$3,090
Jan 1996	0	6,981	17.07	—	$0
Dec 1995	188	4,446	17.19	—	$3,232
Nov 1995	0	6,152	16.00	—	$0
Oct 1995	0	7,553	15.43	—	$0
Sep 1995	0	5,284	16.18	—	$0
Aug 1995	180	6,647	15.92	—	$2,866
Jul 1995	0	7,100	15.24	—	$0
Jun 1995	0	6,823	16.41	—	$0
May 1995	180	6,549	17.56	—	$3,161
Apr 1995	0	8,524	17.73	—	$0
Mar 1995	179	4,902	16.44	—	$2,943
Feb 1995	0	5,934	16.58	—	$0
Jan 1995	0	6,448	15.92	—	$0
Dec 1994	0	3,767	15.03	—	$0
Nov 1994	179	4,944	15.90	—	$2,846
Oct 1994	0	7,254	15.58	—	$0
Sep 1994	177	6,353	15.29	—	$2,706
Aug 1994	0	6,473	16.13	—	$0
Jul 1994	0	6,637	17.56	—	$0
Jun 1994	182	667	17.09	—	$3,110
May 1994	0	5,414	15.88	—	$0
Apr 1994	0	6,793	14.14	—	$0
Mar 1994	184	7,554	12.46	—	$2,293
Feb 1994	0	6,410	12.50	—	$0
Jan 1994	184	7,138	12.66	—	$2,329
Dec 1993	0	7,604	12.33	—	$0
Nov 1993	0	7,337	14.49	—	$0
Oct 1993	183	7,405	15.85	—	$2,901
Sep 1993	0	7,432	15.03	—	$0
Aug 1993	182	7,933	15.66	—	$2,850
Jul 1993	0	6,891	15.46	—	$0
Jun 1993	0	6,969	16.79	—	$0
May 1993	178	7,416	17.68	—	$3,147
Apr 1993	0	6,914	18.05	—	$0
Mar 1993	184	7,687	18.14	—	$3,338
Feb 1993	0	6,889	17.90	—	$0
Jan 1993	190	8,733	16.93	—	$3,217

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 2010 — as filed, then multipliedworked

Condensate            75 bbl  × $ 72.55 =     $5,441
Gas                    0 Mcf  × $  4.74 =         $0

────────────────────────────────────────────────────
Month total                                   $5,441

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/95729 is the state's own key, not one this site invented.