KNAPE, J.

Operated by MCGOWAN WORKING PARTNERS, INC. (P-5 549836) in the WALK MAN (FRIO 7550) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24135District 03Field 94740350OilCasinghead gasSaveExport
Value, all time
$4.2 M
Feb 2002 – Jul 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
186
no gaps in the span
Streams
2
oil, casinghead 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1989-02-03
as the register files it
Field class
Oil and 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: CORRELATIVE INTERVAL FROM 7563 TO 7574

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
OilDisposition77,880 bbl$3,723,889
Casinghead gasProduction89,130 Mcf$493,466
Total$4,217,356

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 29.3820, -95.2861. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.38196, -95.28605 · 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
10,200 ft
1 wells filed one
Completion to plug
14.8 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 10,200 ft.

Completions filed
Apr 2002
1 of 1 wells
Plug dates filed
Jan 2017
1 of 1 wells

Last completion to plug: a median of 14.8 years across the 1 well that filed both dates, with the middle half between 14.8 years and 14.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-03932324110,200 ftApr 2002Jan 2017Yes

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 (186)

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

186 months

Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201553032.362.00$1,715
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014181054.693.59$9,899
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 2014018086.164.05$728
Aug 2014016289.394.04$654
Jul 201406096.564.18$251
Jun 20141689098.164.74$16,917
May 201417418694.734.73$17,362
Apr 201417618095.944.81$17,751
Mar 201417212095.895.06$17,100
Feb 201417316297.406.19$17,853
Jan 201417318690.404.86$16,543
Dec 201334318691.824.35$32,304
Nov 201317718088.853.74$16,399
Oct 201317114497.423.78$17,203
Sep 2013172180104.113.72$18,576
Aug 2013339156104.253.52$35,890
Jul 2013341186102.523.72$35,651
Jun 201318118094.403.93$17,794
May 201317918094.834.15$17,721
Apr 201335218093.964.28$33,845
Mar 201336618693.623.91$34,993
Feb 201318016891.233.42$16,996
Jan 201336612491.603.42$33,950
Dec 201218912486.773.42$16,824
Nov 201237712086.953.62$33,215
Oct 201218712489.383.40$17,136
Sep 201237012094.672.92$35,378
Aug 201218312492.662.91$17,317
Jul 201237112485.133.02$31,958
Jun 201218012079.822.52$14,670
May 201233912491.612.49$31,364
Apr 2012175120101.652.00$18,028
Mar 2012341108105.052.22$36,062
Feb 2012174116101.102.57$17,890
Jan 201234912498.092.73$34,572
Dec 201134812496.873.24$34,112
Nov 201134712095.723.31$33,612
Oct 201117212484.983.65$15,069
Sep 20111749683.623.99$14,933
Aug 201134612483.404.15$29,371
Jul 201134812494.144.52$33,321
Jun 201134212092.904.64$32,329
May 201117312498.134.40$17,523
Apr 2011172120105.964.33$18,745
Mar 201133712496.364.06$32,976
Feb 201117611285.644.18$15,541
Jan 201117812486.504.59$15,966
Dec 201017312485.734.35$15,370
Nov 201034412080.843.80$28,264
Oct 201017312478.103.51$13,946
Sep 201036112072.633.98$26,697
Aug 201016712473.684.42$12,853
Jul 201017410072.554.74$13,097
Jun 201017212070.364.91$12,691
May 201035412471.124.24$25,702
Apr 201035712081.694.12$29,658
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 201005674.365.96$334
Dec 200917712471.445.48$13,325
Nov 200936312074.593.75$27,526
Oct 200935512472.544.11$26,261
Sep 200917812065.543.06$12,034
Aug 200917611667.423.22$12,239
Jul 200934211261.133.46$21,294
Jun 200934412066.163.90$23,226
May 200917312454.743.93$9,957
Apr 200935711246.773.59$17,099
Mar 200934512442.144.06$15,042
Feb 200917411232.814.63$6,228
Jan 200935312435.865.37$13,325
Dec 200817814037.105.98$7,441
Nov 200836415055.496.86$21,227
Oct 200836215575.246.92$28,310
Sep 2008357110101.767.88$37,195
Aug 2008357155114.228.48$42,091
Jul 2008355155131.0811.39$48,299
Jun 2008352150131.3313.03$48,183
May 2008180155123.1711.57$23,965
Apr 2008536150110.3110.45$60,694
Mar 2008356155101.909.66$37,774
Feb 200835414592.538.77$34,027
Jan 200835215590.388.21$33,086
Dec 200718117488.337.30$17,258
Nov 200736718091.677.29$34,955
Oct 200718418682.856.92$16,532
Sep 20071819075.846.24$14,289
Aug 200737418669.066.39$27,017
Jul 200718217470.906.39$14,015
Jun 200718514462.007.55$12,557
May 200755218658.747.85$33,884
Apr 2007018059.617.81$1,405
Mar 200736818656.927.30$22,305
Feb 200737216855.108.22$21,877
Jan 200736918650.306.73$19,812
Dec 200618318656.656.92$11,654
Nov 200636618054.207.62$21,208
Oct 200636218654.906.01$20,992
Sep 200636524060.085.04$23,138
Aug 200654724868.717.34$39,405
Jul 2006046269.376.34$2,930
Jun 200635566066.286.38$27,743
May 200618150666.016.42$15,199
Apr 200636852864.397.36$27,582
Mar 200636368256.707.08$25,413
Feb 200636367857.597.75$26,160
Jan 200618362560.598.93$16,671
Dec 200536646554.9413.42$26,346
Nov 200537645054.6910.59$25,328
Oct 200536719858.3413.80$24,142
Sep 200517819261.4512.08$13,257
Aug 200536437261.519.80$26,034
Jul 200554546555.697.84$33,998
Jun 200555045052.337.38$32,103
May 200518625545.226.65$10,107
Apr 20053522,10049.207.36$32,775
Mar 20055492,17050.377.15$43,179
Feb 20055551,96045.226.31$37,468
Jan 20055432,10043.166.32$36,713
Dec 20045472,01539.866.75$35,407
Nov 20047141,95045.286.33$44,674
Oct 20043582,01549.706.52$30,921
Sep 20046951,95043.245.28$40,355
Aug 20045201,73642.375.55$31,668
Jul 20045071,40038.286.08$27,926
Jun 20045311,68036.106.43$29,977
May 20045161,73637.486.49$30,614
Apr 20041,0271,68034.475.86$45,243
Mar 20043651,68034.365.53$21,832
Feb 20047131,62432.455.51$32,084
Jan 20045331,73632.036.30$28,008
Dec 20035301,68030.266.30$26,625
Nov 20036981,69428.804.60$27,887
Oct 20031,0871,75028.174.76$38,950
Sep 20035261,65026.314.75$21,676
Aug 20038731,70529.765.13$34,727
Jul 20036871,65029.415.17$28,737
Jun 20031,0761,65028.565.98$40,602
May 20037161,70526.595.97$29,222
Apr 20039131,65026.675.41$33,272
Mar 20031,0931,70531.146.10$44,430
Feb 20031,0851,54033.487.93$48,532
Jan 20039171,34430.315.58$35,297
Dec 20021,7981,03826.914.85$53,422
Nov 20021,8291,07424.664.14$49,546
Oct 20021,8571,11026.464.23$53,831
Sep 20021,9721,14427.443.64$58,270
Aug 20022,3341,18225.963.16$64,331
Jul 20022,1521,68524.583.06$58,055
Jun 20023,0032,80523.733.34$80,625
May 20023,2473,30024.663.58$91,898
Apr 20023,0532,19123.653.51$79,899
Mar 20025,4452,13922.003.10$126,427
Feb 20021,5811,54018.222.38$32,464

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.

Dec 2015 — as filed, then multipliedworked
Oil                   53 bbl  × $ 32.36 =     $1,715
Casinghead gas         0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                   $1,715

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/24135 is the state's own key, not one this site invented.