TEXAS STATE TRACT 74

Name: TEXAS STATE TRACT 74 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PANACO, INC. (P-5 637850) in the UMBRELLA POINT (F-14) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 99287District 03Field 92388765CondensateGasSave Export

Value, all time

$1.9 M

Jan 1993 – Apr 2004

Value, last 12 filed months

at the published price for each month

Months reported

136

no gaps in the span

Streams

condensate, gas

The UMBRELLA POINT (F-14) 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 13 leases and 14 wells, and the rule below applies to all of them.

Discovered

1965-06-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: “FORMULA.”

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	13,346 bbl	$208,821
Gas	Production	2,533,385 Mcf	$1,643,764
Total			$1,852,585

1,817,907 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 29.6308, -94.8291. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.63076, -94.82914 · 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

11,000 ft

1 wells filed one

Completion to plug

22.2 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 11,000 ft.

Completions filed

Feb 1982

1 of 1 wells

Plug dates filed

Apr 2004

1 of 1 wells

Last completion to plug: a median of 22.2 years across the 1 well that filed both dates, with the middle half between 22.2 years and 22.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-07130797	3 A	11,000 ft	Feb 1982	Apr 2004	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 (136)

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

136 months


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	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	1	0	21.75	2.62	$22
Aug 1999	160	4,403	19.26	2.88	$15,743
Jul 1999	310	7,633	17.89	2.37	$23,654
Jun 1999	360	10,412	15.94	2.36	$30,333
May 1999	272	11,235	15.79	2.32	$30,372
Apr 1999	234	11,760	15.10	2.21	$29,500
Mar 1999	250	13,609	12.47	1.84	$28,135
Feb 1999	194	13,135	9.98	1.82	$25,813
Jan 1999	157	16,251	10.38	1.90	$32,506
Dec 1998	252	19,343	9.20	1.77	$36,620
Nov 1998	259	21,416	10.89	2.19	$49,630
Oct 1998	284	28,062	12.42	1.97	$58,787
Sep 1998	471	37,962	12.59	2.08	$84,990
Aug 1998	646	65,764	11.30	1.91	$132,735
Jul 1998	406	47,627	11.74	2.24	$111,321
Jun 1998	258	30,517	11.24	2.24	$71,175
May 1998	136	21,189	12.62	2.21	$48,466
Apr 1998	66	17,052	13.04	2.51	$43,582
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	6	6,613	13.95	2.30	$15,288
Jan 1998	18	8,416	14.70	2.15	$18,399
Dec 1997	21	15,427	16.32	2.41	$37,539
Nov 1997	28	25,280	18.19	3.09	$78,581
Oct 1997	29	27,968	19.25	3.15	$88,652
Sep 1997	28	22,210	17.74	2.95	$66,125
Aug 1997	1	27,779	17.86	2.55	$70,986
Jul 1997	85	27,384	17.58	2.25	$63,025
Jun 1997	177	27,910	17.24	2.26	$66,050
May 1997	171	32,169	18.97	2.31	$77,506
Apr 1997	106	28,818	17.88	2.08	$61,917
Mar 1997	175	33,407	18.95	1.94	$68,097
Feb 1997	125	29,380	20.49	2.21	$67,371
Jan 1997	148	25,347	23.48	3.54	$93,196
Dec 1996	106	12,294	23.32	—	$2,472
Nov 1996	167	22,938	21.97	—	$3,669
Oct 1996	181	25,881	23.31	—	$4,219
Sep 1996	179	24,685	22.22	—	$3,977
Aug 1996	169	28,059	20.26	—	$3,424
Jul 1996	194	32,306	19.55	—	$3,793
Jun 1996	207	32,856	18.73	—	$3,877
May 1996	149	34,228	19.43	—	$2,895
Apr 1996	49	32,439	21.51	—	$1,054
Mar 1996	52	33,809	19.38	—	$1,008
Feb 1996	46	27,748	16.98	—	$781
Jan 1996	188	23,170	17.07	—	$3,209
Dec 1995	65	31,769	17.19	—	$1,117
Nov 1995	79	33,738	16.00	—	$1,264
Oct 1995	87	35,223	15.43	—	$1,342
Sep 1995	85	35,107	16.18	—	$1,375
Aug 1995	87	36,379	15.92	—	$1,385
Jul 1995	88	38,655	15.24	—	$1,341
Jun 1995	90	37,717	16.41	—	$1,477
May 1995	94	40,455	17.56	—	$1,651
Apr 1995	90	34,297	17.73	—	$1,596
Mar 1995	96	29,807	16.44	—	$1,578
Feb 1995	101	36,035	16.58	—	$1,675
Jan 1995	75	27,701	15.92	—	$1,194
Dec 1994	117	43,778	15.03	—	$1,759
Nov 1994	120	42,177	15.90	—	$1,908
Oct 1994	150	44,532	15.58	—	$2,337
Sep 1994	108	32,291	15.29	—	$1,651
Aug 1994	143	40,569	16.13	—	$2,307
Jul 1994	150	42,911	17.56	—	$2,634
Jun 1994	162	43,079	17.09	—	$2,769
May 1994	186	41,268	15.88	—	$2,954
Apr 1994	191	43,474	14.14	—	$2,701
Mar 1994	216	45,411	12.46	—	$2,691
Feb 1994	196	41,175	12.50	—	$2,450
Jan 1994	196	41,257	12.66	—	$2,481
Dec 1993	244	47,194	12.33	—	$3,009
Nov 1993	222	43,940	14.49	—	$3,217
Oct 1993	209	47,437	15.85	—	$3,313
Sep 1993	210	46,991	15.03	—	$3,156
Aug 1993	217	48,049	15.66	—	$3,398
Jul 1993	217	48,076	15.46	—	$3,355
Jun 1993	210	46,657	16.79	—	$3,526
May 1993	224	49,840	17.68	—	$3,960
Apr 1993	259	47,452	18.05	—	$4,675
Mar 1993	286	49,383	18.14	—	$5,188
Feb 1993	273	45,588	17.90	—	$4,887
Jan 1993	282	48,082	16.93	—	$4,774

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.

Sep 1999 — as filed, then multipliedworked

Condensate             1 bbl  × $ 21.75 =        $22
Gas                    0 Mcf  × $  2.62 =         $0

────────────────────────────────────────────────────
Month total                                      $22

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/99287 is the state's own key, not one this site invented.