MINCHEN, S. ETAL

Operated by ERG RESOURCES, L.L.C. (P-5 253365) in the PIERCE JUNCTION field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5048District 03Field 71444001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$331 k
Jan 1993 – Nov 2011
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
227
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 other leases, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
0 ft
minimum

A drilling unit in this field needs at least 0 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: THIS IS A PIERCEMENT TYPE SALT DOME.

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
OilDisposition17,513 bbl$331,020
Casinghead gasProduction63 Mcf$49
Total$331,070

46 Mcf of this lease's gas, across 46 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 29.6701, -95.4180. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.67007, -95.41802 · 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
6,860 ft
1 wells filed one
Completion to plug
no well filed both dates

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 6,860 ft.

Plug dates filed
Nov 2004
1 of 1 wells

1 well

42-2010456916,860 ftNov 2004Yes

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 (227)

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

227 months

Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011160083.623.99$13,379
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
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 20100080.843.80$0
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 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
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 200800101.767.88$0
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 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 2001188023.933.20$4,499
Jun 20010024.563.82$0
May 2001171025.524.31$4,364
Apr 2001174024.685.34$4,294
Mar 2001173024.545.38$4,245
Feb 2001164027.755.77$4,551
Jan 2001362027.478.40$9,944
Dec 20000026.889.12$0
Nov 2000161132.215.66$5,191
Oct 2000112131.235.15$3,503
Sep 2000243031.875.19$7,744
Aug 2000105029.644.54$3,112
Jul 2000188028.534.09$5,364
Jun 20000029.304.40$0
May 2000116027.263.68$3,162
Apr 2000137124.513.12$3,361
Mar 200076128.422.86$2,163
Feb 200092027.622.73$2,541
Jan 200079025.272.48$1,996
Dec 1999143024.282.42$3,472
Nov 199997023.192.43$2,249
Oct 1999129020.982.80$2,706
Sep 1999163021.752.62$3,545
Aug 1999135019.262.88$2,600
Jul 1999149117.892.37$2,668
Jun 1999228015.942.36$3,634
May 1999182015.792.32$2,874
Apr 199997015.102.21$1,465
Mar 1999214012.471.84$2,669
Feb 199916009.981.82$1,597
Jan 1999175010.381.90$1,817
Dec 1998009.201.77$0
Nov 1998207010.892.19$2,254
Oct 1998187012.421.97$2,323
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 1998245011.742.24$2,876
Jun 199887011.242.24$978
May 1998219012.622.21$2,764
Apr 199853013.042.51$691
Mar 1998198112.802.31$2,537
Feb 1998174113.952.30$2,430
Jan 199888114.702.15$1,296
Dec 1997115016.322.41$1,877
Nov 1997110118.193.09$2,004
Oct 1997234119.253.15$4,508
Sep 1997167117.742.95$2,966
Aug 1997186017.862.55$3,322
Jul 199753117.582.25$934
Jun 1997197017.242.26$3,396
May 199763118.972.31$1,197
Apr 1997303117.882.08$5,420
Mar 19970118.951.94$2
Feb 1997221120.492.21$4,531
Jan 1997221123.483.54$5,193
Dec 1996146123.32$3,405
Nov 1996273121.97$5,998
Oct 1996109123.31$2,541
Sep 1996264122.22$5,866
Aug 1996182120.26$3,687
Jul 19960119.55$0
Jun 19960118.73$0
May 1996178119.43$3,459
Apr 1996425121.51$9,142
Mar 19960119.38$0
Feb 1996180116.98$3,056
Jan 1996290117.07$4,950
Dec 1995181117.19$3,111
Nov 1995180116.00$2,880
Oct 1995178115.43$2,747
Sep 1995107116.18$1,731
Aug 1995177115.92$2,818
Jul 1995258115.24$3,932
Jun 1995179116.41$2,937
May 1995177117.56$3,108
Apr 1995179117.73$3,174
Mar 1995177116.44$2,910
Feb 1995298116.58$4,941
Jan 1995176115.92$2,802
Dec 1994179115.03$2,690
Nov 1994334115.90$5,311
Oct 1994177015.58$2,758
Sep 1994177115.29$2,706
Aug 1994315116.13$5,081
Jul 1994180017.56$3,161
Jun 1994182117.09$3,110
May 1994334115.88$5,304
Apr 1994179114.14$2,531
Mar 1994184112.46$2,293
Feb 19940112.50$0
Jan 1994168112.66$2,127
Dec 1993357112.33$4,402
Nov 1993180114.49$2,608
Oct 1993185115.85$2,932
Sep 1993174115.03$2,615
Aug 1993354115.66$5,544
Jul 1993187115.46$2,891
Jun 1993181116.79$3,039
May 1993341117.68$6,029
Apr 1993185118.05$3,339
Mar 1993184118.14$3,338
Feb 1993373117.90$6,677
Jan 1993188116.93$3,183

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 2011 — as filed, then multipliedworked
Oil                  160 bbl  × $ 83.62 =    $13,379
Casinghead gas         0 Mcf  × $  3.99 =         $0

────────────────────────────────────────────────────
Month total                                  $13,379

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/5048 is the state's own key, not one this site invented.