MICHEL, M. F.

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

Operated by TANDEM ENERGY CORPORATION (P-5 835707) in the TOMBALL (LEWIS 5930) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6950District 03Field 90620299OilCasinghead gasSave Export

Value, all time

$204 k

Jan 1993 – Jan 2005

Value, last 12 filed months

at the published price for each month

Months reported

145

no gaps in the span

Streams

oil, casinghead gas

The TOMBALL (LEWIS 5930) 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 12 leases and 20 wells, and the rule below applies to all of them.

Discovered

1962-03-17

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

466 ft

minimum

A drilling unit in this field needs at least 40 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	11,648 bbl	$190,398
Casinghead gas	Production	19,276 Mcf	$13,800
Total			$204,198

13,145 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 30.0640, -95.6203. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.06398, -95.62031 · 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

6,012 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 6,012 ft.

Plug dates filed

Oct 2004

1 of 1 wells

1 well


42-20100659	2 L	6,012 ft	—	Oct 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 (145)

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

145 months


Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
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	10	21	21.75	2.62	$273
Aug 1999	10	23	19.26	2.88	$259
Jul 1999	56	120	17.89	2.37	$1,287
Jun 1999	48	105	15.94	2.36	$1,013
May 1999	134	251	15.79	2.32	$2,698
Apr 1999	139	398	15.10	2.21	$2,978
Mar 1999	134	299	12.47	1.84	$2,221
Feb 1999	86	193	9.98	1.82	$1,209
Jan 1999	136	268	10.38	1.90	$1,921
Dec 1998	125	224	9.20	1.77	$1,547
Nov 1998	149	261	10.89	2.19	$2,193
Oct 1998	151	377	12.42	1.97	$2,618
Sep 1998	133	165	12.59	2.08	$2,018
Aug 1998	143	311	11.30	1.91	$2,209
Jul 1998	151	267	11.74	2.24	$2,370
Jun 1998	130	283	11.24	2.24	$2,094
May 1998	133	268	12.62	2.21	$2,270
Apr 1998	133	267	13.04	2.51	$2,403
Mar 1998	136	281	12.80	2.31	$2,390
Feb 1998	135	126	13.95	2.30	$2,173
Jan 1998	136	130	14.70	2.15	$2,279
Dec 1997	147	127	16.32	2.41	$2,705
Nov 1997	140	123	18.19	3.09	$2,926
Oct 1997	157	166	19.25	3.15	$3,545
Sep 1997	143	141	17.74	2.95	$2,953
Aug 1997	150	73	17.86	2.55	$2,866
Jul 1997	149	140	17.58	2.25	$2,934
Jun 1997	142	134	17.24	2.26	$2,751
May 1997	140	104	18.97	2.31	$2,896
Apr 1997	140	153	17.88	2.08	$2,822
Mar 1997	140	91	18.95	1.94	$2,829
Feb 1997	118	74	20.49	2.21	$2,581
Jan 1997	156	167	23.48	3.54	$4,254
Dec 1996	112	80	23.32	—	$2,612
Nov 1996	174	116	21.97	—	$3,823
Oct 1996	145	91	23.31	—	$3,380
Sep 1996	172	104	22.22	—	$3,822
Aug 1996	96	56	20.26	—	$1,945
Jul 1996	104	54	19.55	—	$2,033
Jun 1996	78	63	18.73	—	$1,461
May 1996	80	62	19.43	—	$1,554
Apr 1996	149	134	21.51	—	$3,205
Mar 1996	191	9	19.38	—	$3,702
Feb 1996	138	133	16.98	—	$2,343
Jan 1996	191	106	17.07	—	$3,260
Dec 1995	150	582	17.19	—	$2,579
Nov 1995	151	947	16.00	—	$2,416
Oct 1995	144	894	15.43	—	$2,222
Sep 1995	179	751	16.18	—	$2,896
Aug 1995	168	1,116	15.92	—	$2,675
Jul 1995	149	448	15.24	—	$2,271
Jun 1995	159	317	16.41	—	$2,609
May 1995	157	390	17.56	—	$2,757
Apr 1995	178	139	17.73	—	$3,156
Mar 1995	167	86	16.44	—	$2,745
Feb 1995	129	460	16.58	—	$2,139
Jan 1995	169	525	15.92	—	$2,690
Dec 1994	186	12	15.03	—	$2,796
Nov 1994	165	102	15.90	—	$2,624
Oct 1994	89	89	15.58	—	$1,387
Sep 1994	0	0	15.29	—	$0
Aug 1994	156	526	16.13	—	$2,516
Jul 1994	195	684	17.56	—	$3,424
Jun 1994	175	614	17.09	—	$2,991
May 1994	187	593	15.88	—	$2,970
Apr 1994	166	577	14.14	—	$2,347
Mar 1994	175	148	12.46	—	$2,181
Feb 1994	146	148	12.50	—	$1,825
Jan 1994	117	86	12.66	—	$1,481
Dec 1993	84	64	12.33	—	$1,036
Nov 1993	174	166	14.49	—	$2,521
Oct 1993	213	597	15.85	—	$3,376
Sep 1993	180	88	15.03	—	$2,705
Aug 1993	108	61	15.66	—	$1,691
Jul 1993	162	279	15.46	—	$2,505
Jun 1993	185	82	16.79	—	$3,106
May 1993	221	83	17.68	—	$3,907
Apr 1993	214	113	18.05	—	$3,863
Mar 1993	229	210	18.14	—	$4,154
Feb 1993	215	74	17.90	—	$3,849
Jan 1993	246	86	16.93	—	$4,165

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

Oil                   10 bbl  × $ 21.75 =       $218
Casinghead gas        21 Mcf  × $  2.62 =        $55

────────────────────────────────────────────────────
Month total                                     $273

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/6950 is the state's own key, not one this site invented.