MOODY NATIONAL BANK

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

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the FRANKS, NW. (8900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21298District 03Field 32692500OilCasinghead gasSave Export

Value, all time

$4.8 M

Jan 1993 – Jan 2009

Value, last 12 filed months

at the published price for each month

Months reported

193

no gaps in the span

Streams

oil, casinghead gas

The FRANKS, NW. (8900) 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 14 leases and 19 wells, and the rule below applies to all of them.

Discovered

1964-01-08

as the register files it

Field class

Oil

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 80 acres.

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
Oil	Disposition	239,426 bbl	$4,379,767
Casinghead gas	Production	143,735 Mcf	$440,759
Total			$4,820,526

53,712 Mcf of this lease's gas, across 47 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 29.3910, -95.0519. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.39095, -95.05192 · 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

9,715 ft

1 wells filed one

Completion to plug

16.9 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 9,715 ft.

Completions filed

Nov 1991

1 of 1 wells

Plug dates filed

Oct 2008

1 of 1 wells

Last completion to plug: a median of 16.9 years across the 1 well that filed both dates, with the middle half between 16.9 years and 16.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-16731207	1	9,715 ft	Nov 1991	Oct 2008	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 (193)

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

193 months


Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	102	0	56.70	7.08	$5,783
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	354	0	61.45	12.08	$21,753
Aug 2005	0	5	61.51	9.80	$49
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	1,650	52.33	7.38	$12,179
May 2005	0	1,705	45.22	6.65	$11,340
Apr 2005	2	1,650	49.20	7.36	$12,243
Mar 2005	0	1,705	50.37	7.15	$12,199
Feb 2005	178	1,540	45.22	6.31	$17,770
Jan 2005	1	1,634	43.16	6.32	$10,374
Dec 2004	160	1,705	39.86	6.75	$17,888
Nov 2004	0	1,634	45.28	6.33	$10,344
Oct 2004	318	1,705	49.70	6.52	$26,913
Sep 2004	173	1,155	43.24	5.28	$13,583
Aug 2004	0	743	42.37	5.55	$4,124
Jul 2004	171	1,705	38.28	6.08	$16,919
Jun 2004	155	1,604	36.10	6.43	$15,914
May 2004	338	1,668	37.48	6.49	$23,501
Apr 2004	166	1,650	34.47	5.86	$15,388
Mar 2004	165	1,705	34.36	5.53	$15,098
Feb 2004	171	1,595	32.45	5.51	$14,337
Jan 2004	365	1,700	32.03	6.30	$22,400
Dec 2003	299	1,620	30.26	6.30	$19,256
Nov 2003	343	1,650	28.80	4.60	$17,460
Oct 2003	181	1,570	28.17	4.76	$12,571
Sep 2003	370	1,439	26.31	4.75	$16,569
Aug 2003	175	1,210	29.76	5.13	$11,415
Jul 2003	362	1,623	29.41	5.17	$19,039
Jun 2003	179	1,597	28.56	5.98	$14,667
May 2003	181	1,423	26.59	5.97	$13,312
Apr 2003	0	257	26.67	5.41	$1,390
Mar 2003	169	18	31.14	6.10	$5,372
Feb 2003	362	1,150	33.48	7.93	$21,235
Jan 2003	558	1,691	30.31	5.58	$26,352
Dec 2002	519	1,611	26.91	4.85	$21,786
Nov 2002	534	1,586	24.66	4.14	$19,730
Oct 2002	544	1,675	26.46	4.23	$21,478
Sep 2002	353	1,419	27.44	3.64	$14,845
Aug 2002	722	1,661	25.96	3.16	$23,999
Jul 2002	532	1,629	24.58	3.06	$18,064
Jun 2002	724	1,618	23.73	3.34	$22,582
May 2002	534	1,462	24.66	3.58	$18,408
Apr 2002	548	1,650	23.65	3.51	$18,756
Mar 2002	739	1,524	22.00	3.10	$20,987
Feb 2002	532	1,446	18.22	2.38	$13,128
Jan 2002	918	1,648	17.17	2.38	$19,677
Dec 2001	710	1,645	16.93	2.36	$15,910
Nov 2001	733	1,611	18.07	2.41	$17,121
Oct 2001	707	1,687	19.78	2.53	$18,251
Sep 2001	841	1,464	24.26	2.25	$23,699
Aug 2001	734	1,478	24.87	3.05	$22,767
Jul 2001	922	1,618	23.93	3.20	$27,236
Jun 2001	895	1,545	24.56	3.82	$27,890
May 2001	1,084	1,595	25.52	4.31	$34,534
Apr 2001	903	1,595	24.68	5.34	$30,796
Mar 2001	1,089	1,705	24.54	5.38	$35,891
Feb 2001	1,241	1,540	27.75	5.77	$43,319
Jan 2001	1,269	1,650	27.47	8.40	$48,717
Dec 2000	1,301	1,595	26.88	9.12	$49,521
Nov 2000	1,222	0	32.21	5.66	$39,361
Oct 2000	1,648	0	31.23	5.15	$51,467
Sep 2000	1,673	18	31.87	5.19	$53,412
Aug 2000	1,431	0	29.64	4.54	$42,415
Jul 2000	1,617	0	28.53	4.09	$46,133
Jun 2000	1,444	0	29.30	4.40	$42,309
May 2000	1,682	287	27.26	3.68	$46,907
Apr 2000	1,793	615	24.51	3.12	$45,863
Mar 2000	357	536	28.42	2.86	$11,679
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	357	0	25.27	2.48	$9,021
Dec 1999	734	0	24.28	2.42	$17,822
Nov 1999	546	0	23.19	2.43	$12,662
Oct 1999	535	0	20.98	2.80	$11,224
Sep 1999	718	0	21.75	2.62	$15,617
Aug 1999	174	0	19.26	2.88	$3,351
Jul 1999	737	0	17.89	2.37	$13,185
Jun 1999	515	0	15.94	2.36	$8,209
May 1999	1,020	0	15.79	2.32	$16,106
Apr 1999	345	0	15.10	2.21	$5,210
Mar 1999	699	0	12.47	1.84	$8,717
Feb 1999	695	0	9.98	1.82	$6,936
Jan 1999	352	0	10.38	1.90	$3,654
Dec 1998	517	0	9.20	1.77	$4,756
Nov 1998	402	0	10.89	2.19	$4,378
Oct 1998	341	0	12.42	1.97	$4,235
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	842	0	11.30	1.91	$9,515
Jul 1998	789	0	11.74	2.24	$9,263
Jun 1998	1,185	0	11.24	2.24	$13,319
May 1998	1,399	0	12.62	2.21	$17,655
Apr 1998	1,228	0	13.04	2.51	$16,013
Mar 1998	1,594	0	12.80	2.31	$20,403
Feb 1998	516	0	13.95	2.30	$7,198
Jan 1998	1,527	0	14.70	2.15	$22,447
Dec 1997	2,131	0	16.32	2.41	$34,778
Nov 1997	543	0	18.19	3.09	$9,877
Oct 1997	525	24	19.25	3.15	$10,182
Sep 1997	1,383	145	17.74	2.95	$24,963
Aug 1997	1,229	98	17.86	2.55	$22,200
Jul 1997	1,259	72	17.58	2.25	$22,295
Jun 1997	1,415	99	17.24	2.26	$24,618
May 1997	1,687	1,061	18.97	2.31	$34,452
Apr 1997	2,297	977	17.88	2.08	$43,105
Mar 1997	2,207	1,584	18.95	1.94	$44,894
Feb 1997	1,034	598	20.49	2.21	$22,506
Jan 1997	359	546	23.48	3.54	$10,362
Dec 1996	0	0	23.32	—	$0
Nov 1996	1,363	423	21.97	—	$29,945
Oct 1996	2,799	435	23.31	—	$65,245
Sep 1996	3,125	1,061	22.22	—	$69,438
Aug 1996	3,242	791	20.26	—	$65,683
Jul 1996	2,640	1,222	19.55	—	$51,612
Jun 1996	1,250	483	18.73	—	$23,413
May 1996	2,780	940	19.43	—	$54,015
Apr 1996	2,000	752	21.51	—	$43,020
Mar 1996	2,512	738	19.38	—	$48,683
Feb 1996	2,510	807	16.98	—	$42,620
Jan 1996	2,714	783	17.07	—	$46,328
Dec 1995	3,039	2,140	17.19	—	$52,240
Nov 1995	3,214	2,693	16.00	—	$51,424
Oct 1995	3,846	2,713	15.43	—	$59,344
Sep 1995	3,346	1,447	16.18	—	$54,138
Aug 1995	1,449	822	15.92	—	$23,068
Jul 1995	2,832	790	15.24	—	$43,160
Jun 1995	2,672	862	16.41	—	$43,848
May 1995	3,175	766	17.56	—	$55,753
Apr 1995	2,659	1,082	17.73	—	$47,144
Mar 1995	3,300	1,086	16.44	—	$54,252
Feb 1995	2,932	1,075	16.58	—	$48,613
Jan 1995	3,336	1,150	15.92	—	$53,109
Dec 1994	3,632	1,253	15.03	—	$54,589
Nov 1994	3,366	1,080	15.90	—	$53,519
Oct 1994	2,675	671	15.58	—	$41,677
Sep 1994	3,572	1,163	15.29	—	$54,616
Aug 1994	3,567	1,048	16.13	—	$57,536
Jul 1994	4,169	1,285	17.56	—	$73,208
Jun 1994	3,824	1,184	17.09	—	$65,352
May 1994	4,293	1,253	15.88	—	$68,173
Apr 1994	4,034	1,172	14.14	—	$57,041
Mar 1994	4,390	1,265	12.46	—	$54,699
Feb 1994	3,172	932	12.50	—	$39,650
Jan 1994	3,967	1,042	12.66	—	$50,222
Dec 1993	4,072	1,039	12.33	—	$50,208
Nov 1993	3,771	988	14.49	—	$54,642
Oct 1993	5,515	1,428	15.85	—	$87,413
Sep 1993	5,527	1,310	15.03	—	$83,071
Aug 1993	5,421	1,442	15.66	—	$84,893
Jul 1993	5,454	1,397	15.46	—	$84,319
Jun 1993	3,804	1,005	16.79	—	$63,869
May 1993	5,947	1,448	17.68	—	$105,143
Apr 1993	5,215	1,409	18.05	—	$94,131
Mar 1993	5,179	1,319	18.14	—	$93,947
Feb 1993	4,297	1,168	17.90	—	$76,916
Jan 1993	5,499	1,350	16.93	—	$93,098

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.

Mar 2006 — as filed, then multipliedworked

Oil                  102 bbl  × $ 56.70 =     $5,783
Casinghead gas         0 Mcf  × $  7.08 =         $0

────────────────────────────────────────────────────
Month total                                   $5,783

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/O/21298 is the state's own key, not one this site invented.