JONES "FF"

Operated by BC OPERATING, INC. (P-5 58893) in the CARAWAY (GLEN ROSE, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 97734District 03Field 15561450NGPA filingCondensateGasSaveExport
Value, all time
$775 k
Jan 1993 – Apr 2011
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
220
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 leases and 1 wells, and the rule below applies to all of them.

Discovered
1981-08-20
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 5-1-82 PER AMENDMENT TO SWR 28 & 29

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
CondensateDisposition5,346 bbl$129,582
GasProduction262,708 Mcf$645,449
Total$775,030

97,272 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 31.0489, -95.7652. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.04891, -95.76525 · 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
14,001 ft
1 wells filed one
Completion to plug
29.2 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 14,001 ft.

Completions filed
Aug 1981
1 of 1 wells
Plug dates filed
Oct 2010
1 of 1 wells

Last completion to plug: a median of 29.2 years across the 1 well that filed both dates, with the middle half between 29.2 years and 29.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-31330307114,001 ftAug 1981Oct 2010Yes

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 (220)

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

220 months

Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 201059080.843.80$4,770
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 201006873.585.44$370
Jan 2010039374.365.96$2,344
Dec 2009053971.445.48$2,956
Nov 2009062274.593.75$2,333
Oct 2009070772.544.11$2,906
Sep 2009074065.543.06$2,268
Aug 200917167967.423.22$13,714
Jul 2009070761.133.46$2,449
Jun 2009061366.163.90$2,388
May 2009036054.743.93$1,413
Apr 2009052546.773.59$1,883
Mar 20090942.144.06$37
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 2008011101.767.88$87
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
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 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007010359.617.81$804
Mar 20070056.927.30$0
Feb 200701055.108.22$82
Jan 2007010350.306.73$693
Dec 20060856.656.92$55
Nov 2006099954.207.62$7,610
Oct 200601,00054.906.01$6,014
Sep 200601,14260.085.04$5,752
Aug 2006010568.717.34$771
Jul 2006082769.376.34$5,245
Jun 2006088766.286.38$5,663
May 200601,13166.016.42$7,267
Apr 2006099064.397.36$7,287
Mar 200601,04556.707.08$7,402
Feb 200617446157.597.75$13,594
Jan 2006075160.598.93$6,709
Dec 2005065754.9413.42$8,814
Nov 2005047554.6910.59$5,029
Oct 2005094758.3413.80$13,065
Sep 2005039261.4512.08$4,735
Aug 2005067261.519.80$6,583
Jul 200501,26355.697.84$9,907
Jun 20050052.337.38$0
May 200501,13445.226.65$7,542
Apr 2005072649.207.36$5,344
Mar 200501,26150.377.15$9,022
Feb 20051771,26945.226.31$16,014
Jan 2005070443.166.32$4,451
Dec 200401,13239.866.75$7,642
Nov 200401,47945.286.33$9,363
Oct 200401,28649.706.52$8,378
Sep 200401,14143.245.28$6,029
Aug 200401,15742.375.55$6,422
Jul 20041811,92338.286.08$18,629
Jun 200401,15436.106.43$7,424
May 200401,72237.486.49$11,184
Apr 200401,13234.475.86$6,632
Mar 2004036834.365.53$2,035
Feb 200401,07932.455.51$5,945
Jan 2004010932.036.30$687
Dec 2003029230.266.30$1,840
Nov 2003031628.804.60$1,452
Oct 200317774128.174.76$8,513
Sep 2003037426.314.75$1,776
Aug 2003078729.765.13$4,037
Jul 2003069529.415.17$3,594
Jun 2003097128.565.98$5,809
May 2003084126.595.97$5,023
Apr 2003049826.675.41$2,693
Mar 2003071431.146.10$4,353
Feb 2003043433.487.93$3,440
Jan 2003019530.315.58$1,089
Dec 200218258726.914.85$7,747
Nov 200201,19324.664.14$4,935
Oct 200201,43526.464.23$6,069
Sep 200201,52627.443.64$5,547
Aug 200201,58925.963.16$5,028
Jul 200201,58324.583.06$4,847
Jun 2002098223.733.34$3,278
May 200201,16624.663.58$4,179
Apr 200201,46223.653.51$5,135
Mar 20021811,29722.003.10$8,006
Feb 200201,03718.222.38$2,464
Jan 200201,23117.172.38$2,924
Dec 200101,60716.932.36$3,800
Nov 200101,00418.072.41$2,415
Oct 200101,03119.782.53$2,607
Sep 20011811,32124.262.25$7,365
Aug 200101,34724.873.05$4,113
Jul 200101,20423.933.20$3,849
Jun 200101,09524.563.82$4,187
May 2001095725.524.31$4,122
Apr 200101,42424.685.34$7,598
Mar 2001079524.545.38$4,274
Feb 200101,13427.755.77$6,540
Jan 2001084127.478.40$7,063
Dec 2000095226.889.12$8,685
Nov 20001831,15232.215.66$12,412
Oct 200001,20831.235.15$6,216
Sep 200001,27831.875.19$6,628
Aug 200001,28429.644.54$5,830
Jul 200001,54428.534.09$6,315
Jun 200001,19029.304.40$5,233
May 20001761,68927.263.68$11,013
Apr 200001,85124.513.12$5,768
Mar 200001,76928.422.86$5,059
Feb 200001,30327.622.73$3,553
Jan 200001,94225.272.48$4,817
Dec 19991881,55824.282.42$8,341
Nov 199901,56923.192.43$3,819
Oct 199902,10320.982.80$5,896
Sep 199901,47221.752.62$3,855
Aug 199901,87019.262.88$5,377
Jul 19991812,06817.892.37$8,144
Jun 199901,96115.942.36$4,632
May 199901,89715.792.32$4,403
Apr 199902,07015.102.21$4,571
Mar 199901,82212.471.84$3,349
Feb 199901,1819.981.82$2,147
Jan 199901,31010.381.90$2,489
Dec 19981711,1969.201.77$3,694
Nov 199801,63310.892.19$3,569
Oct 199801,89212.421.97$3,726
Sep 199811,81112.592.08$3,784
Aug 199801,62111.301.91$3,092
Jul 199801,82811.742.24$4,090
Jun 199801,68211.242.24$3,763
May 19981841,78712.622.21$6,265
Apr 199801,68913.042.51$4,232
Mar 199802,37412.802.31$5,483
Feb 199801,78113.952.30$4,095
Jan 19981892,45114.702.15$8,060
Dec 199701,94716.322.41$4,694
Nov 199702,24318.193.09$6,927
Oct 199702,78219.253.15$8,763
Sep 19971812,60517.742.95$10,908
Aug 199702,64217.862.55$6,750
Jul 199702,57017.582.25$5,775
Jun 199702,86417.242.26$6,465
May 199703,10618.972.31$7,170
Apr 19971872,08017.882.08$7,676
Mar 199702,68018.951.94$5,197
Feb 199702,76120.492.21$6,090
Jan 199702,94523.483.54$10,424
Dec 19961942,78123.32$4,524
Nov 199602,95621.97$0
Oct 199603,54923.31$0
Sep 199602,99722.22$0
Aug 19961862,73220.26$3,768
Jul 199603,84519.55$0
Jun 199602,61018.73$0
May 19961803,46219.43$3,497
Apr 199622,12421.51$43
Mar 1996049619.38$0
Feb 199601,66516.98$0
Jan 199601,76417.07$0
Dec 19951921,76517.19$3,300
Nov 199501,22116.00$0
Oct 199501,16115.43$0
Sep 199501,71316.18$0
Aug 199502,17415.92$0
Jul 19951821,70515.24$2,774
Jun 199502,00816.41$0
May 199502,45717.56$0
Apr 19951911,91817.73$3,386
Mar 199502,45116.44$0
Feb 199501,42916.58$0
Jan 199502,06615.92$0
Dec 199401,86315.03$0
Nov 19941912,06515.90$3,037
Oct 199402,28315.58$0
Sep 199401,99815.29$0
Aug 19941841,66616.13$2,968
Jul 199402,44617.56$0
Jun 199401,31717.09$0
May 199401,44015.88$0
Apr 19941862,07114.14$2,630
Mar 199401,84512.46$0
Feb 199401,52212.50$0
Jan 199401,92212.66$0
Dec 19931821,87912.33$2,244
Nov 199301,63614.49$0
Oct 199302,08315.85$0
Sep 199302,04515.03$0
Aug 199301,67215.66$0
Jul 199302,03715.46$0
Jun 19931631,98316.79$2,737
May 199301,54117.68$0
Apr 199301,93218.05$0
Mar 19931891,45618.14$3,428
Feb 199301,81117.90$0
Jan 199301,71016.93$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.

Nov 2010 — as filed, then multipliedworked
Condensate            59 bbl  × $ 80.84 =     $4,770
Gas                    0 Mcf  × $  3.80 =         $0

────────────────────────────────────────────────────
Month total                                   $4,770

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/97734 is the state's own key, not one this site invented.