MOODY, W. L.

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

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

Oil lease lease 4132District 03Field 89527001OilCasinghead gasSave Export

Value, all time

$998 k

Jan 1993 – Apr 2003

Value, last 12 filed months

$67 k

at the published price for each month

Months reported

124

no gaps in the span

Streams

oil, casinghead gas

The THOMPSON, NORTH 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 17 leases and 110 wells, and the rule below applies to all of them.

Discovered

1939-04-09

as the register files it

Field class

Oil and gas

the register's own label

Between wells

660 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1947-05-01.

The Commission's schedule remark for this field reads: “PER DOCKET 3-10530 EFF 5-1-47, RULES ADOPTED”

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	55,013 bbl	$961,431
Casinghead gas	Production	20,484 Mcf	$36,623
Total			$998,053

6,926 Mcf of this lease's gas, across 40 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 (5)

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 29.4938, -95.5618. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

29.49385, -95.56172 · 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

20.0%

1 of 5 wells

With a plug date

20.0%

1 of 5 wells

Median depth

7,845 ft

3 wells filed one

Completion to plug

12.7 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

120.0%

A plug date is filed

120.0%

BothOn the schedule and plugged. Neither fact cancels the other.

120.0%

NeitherNo plug date, and not on the schedule.

480.0%

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

Between 6,305 and 7,858 ft, median 7,845 ft, over the 3 wells that filed a depth.

Completions filed

Dec 1980 – Dec 2002

3 of 5 wells; 2 filed none

Plug dates filed

May 1998

1 of 5 wells; 4 filed none

Last completion to plug: a median of 12.7 years across the 1 well that filed both dates, with the middle half between 12.7 years and 12.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells


42-15702746	1	—	—	—	—
42-15702749	4	—	—	—	—
42-15702748	3	7,858 ft	Dec 2002	—	—
42-15720143	5	6,305 ft	Sep 1985	May 1998	Yes
42-15702747	2	7,845 ft	Dec 1980	—	—

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 (124)

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

124 months


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	1,864	310	26.91	4.85	$51,665
Nov 2002	0	180	24.66	4.14	$745
Oct 2002	0	124	26.46	4.23	$524
Sep 2002	0	76	27.44	3.64	$276
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	357	12	24.58	3.06	$8,812
Jun 2002	0	4	23.73	3.34	$13
May 2002	182	32	24.66	3.58	$4,603
Apr 2002	182	16	23.65	3.51	$4,361
Mar 2002	349	44	22.00	3.10	$7,815
Feb 2002	0	32	18.22	2.38	$76
Jan 2002	177	124	17.17	2.38	$3,334
Dec 2001	178	93	16.93	2.36	$3,233
Nov 2001	179	90	18.07	2.41	$3,451
Oct 2001	178	93	19.78	2.53	$3,756
Sep 2001	183	90	24.26	2.25	$4,642
Aug 2001	175	124	24.87	3.05	$4,731
Jul 2001	179	124	23.93	3.20	$4,680
Jun 2001	179	120	24.56	3.82	$4,855
May 2001	188	124	25.52	4.31	$5,332
Apr 2001	177	120	24.68	5.34	$5,009
Mar 2001	363	124	24.54	5.38	$9,575
Feb 2001	0	112	27.75	5.77	$646
Jan 2001	185	124	27.47	8.40	$6,123
Dec 2000	172	124	26.88	9.12	$5,755
Nov 2000	181	120	32.21	5.66	$6,509
Oct 2000	173	124	31.23	5.15	$6,041
Sep 2000	181	20	31.87	5.19	$5,872
Aug 2000	0	80	29.64	4.54	$363
Jul 2000	359	37	28.53	4.09	$10,394
Jun 2000	178	36	29.30	4.40	$5,374
May 2000	0	37	27.26	3.68	$136
Apr 2000	184	36	24.51	3.12	$4,622
Mar 2000	180	62	28.42	2.86	$5,293
Feb 2000	187	58	27.62	2.73	$5,323
Jan 2000	184	62	25.27	2.48	$4,803
Dec 1999	184	124	24.28	2.42	$4,768
Nov 1999	186	120	23.19	2.43	$4,605
Oct 1999	353	112	20.98	2.80	$7,720
Sep 1999	179	108	21.75	2.62	$4,176
Aug 1999	176	100	19.26	2.88	$3,677
Jul 1999	180	124	17.89	2.37	$3,514
Jun 1999	170	72	15.94	2.36	$2,880
May 1999	92	180	15.79	2.32	$1,870
Apr 1999	175	144	15.10	2.21	$2,960
Mar 1999	178	132	12.47	1.84	$2,462
Feb 1999	182	138	9.98	1.82	$2,067
Jan 1999	179	261	10.38	1.90	$2,354
Dec 1998	372	372	9.20	1.77	$4,082
Nov 1998	182	978	10.89	2.19	$4,120
Oct 1998	0	204	12.42	1.97	$402
Sep 1998	295	1,908	12.59	2.08	$7,688
Aug 1998	537	2,109	11.30	1.91	$10,091
Jul 1998	710	124	11.74	2.24	$8,613
Jun 1998	712	120	11.24	2.24	$8,271
May 1998	711	124	12.62	2.21	$9,246
Apr 1998	1,075	116	13.04	2.51	$14,309
Mar 1998	1,418	149	12.80	2.31	$18,495
Feb 1998	1,258	208	13.95	2.30	$18,027
Jan 1998	1,446	248	14.70	2.15	$21,791
Dec 1997	962	434	16.32	2.41	$16,746
Nov 1997	912	240	18.19	3.09	$17,330
Oct 1997	911	248	19.25	3.15	$18,318
Sep 1997	535	200	17.74	2.95	$10,082
Aug 1997	708	465	17.86	2.55	$13,833
Jul 1997	0	330	17.58	2.25	$741
Jun 1997	0	75	17.24	2.26	$169
May 1997	218	0	18.97	2.31	$4,135
Apr 1997	222	0	17.88	2.08	$3,969
Mar 1997	222	0	18.95	1.94	$4,207
Feb 1997	222	45	20.49	2.21	$4,648
Jan 1997	254	158	23.48	3.54	$6,523
Dec 1996	502	186	23.32	—	$11,707
Nov 1996	558	180	21.97	—	$12,259
Oct 1996	627	186	23.31	—	$14,615
Sep 1996	509	186	22.22	—	$11,310
Aug 1996	489	186	20.26	—	$9,907
Jul 1996	612	496	19.55	—	$11,965
Jun 1996	484	0	18.73	—	$9,065
May 1996	531	0	19.43	—	$10,317
Apr 1996	490	0	21.51	—	$10,540
Mar 1996	427	315	19.38	—	$8,275
Feb 1996	482	0	16.98	—	$8,184
Jan 1996	676	0	17.07	—	$11,539
Dec 1995	640	57	17.19	—	$11,002
Nov 1995	820	84	16.00	—	$13,120
Oct 1995	733	0	15.43	—	$11,310
Sep 1995	690	0	16.18	—	$11,164
Aug 1995	729	54	15.92	—	$11,606
Jul 1995	784	0	15.24	—	$11,948
Jun 1995	759	176	16.41	—	$12,455
May 1995	826	182	17.56	—	$14,505
Apr 1995	702	177	17.73	—	$12,446
Mar 1995	725	179	16.44	—	$11,919
Feb 1995	774	165	16.58	—	$12,833
Jan 1995	804	183	15.92	—	$12,800
Dec 1994	725	186	15.03	—	$10,897
Nov 1994	686	204	15.90	—	$10,907
Oct 1994	478	107	15.58	—	$7,447
Sep 1994	782	179	15.29	—	$11,957
Aug 1994	938	186	16.13	—	$15,130
Jul 1994	705	216	17.56	—	$12,380
Jun 1994	549	225	17.09	—	$9,382
May 1994	713	233	15.88	—	$11,322
Apr 1994	652	120	14.14	—	$9,219
Mar 1994	732	124	12.46	—	$9,121
Feb 1994	526	112	12.50	—	$6,575
Jan 1994	633	124	12.66	—	$8,014
Dec 1993	763	124	12.33	—	$9,408
Nov 1993	723	180	14.49	—	$10,476
Oct 1993	606	351	15.85	—	$9,605
Sep 1993	747	120	15.03	—	$11,227
Aug 1993	744	186	15.66	—	$11,651
Jul 1993	677	186	15.46	—	$10,466
Jun 1993	678	24	16.79	—	$11,384
May 1993	614	219	17.68	—	$10,856
Apr 1993	635	120	18.05	—	$11,462
Mar 1993	686	124	18.14	—	$12,444
Feb 1993	682	116	17.90	—	$12,208
Jan 1993	596	168	16.93	—	$10,090

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 2002 — as filed, then multipliedworked

Oil                1,864 bbl  × $ 26.91 =    $50,160
Casinghead gas       310 Mcf  × $  4.85 =     $1,505

────────────────────────────────────────────────────
Month total                                  $51,665

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/4132 is the state's own key, not one this site invented.