MESTENA OIL & GAS

Operated by CODY ENERGY LLC (P-5 164455) in the MESTENA GRANDE (QUEEN CITY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 107407District 04Field 60823500NGPA filingCondensateGasSaveExport
Value, all time
$75 k
Jan 1993 – Oct 1999
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
82
no gaps in the span
Streams
2
condensate, 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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1981-06-02
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1984-07-09.

The Commission's schedule remark for this field reads: EFFECTIVE 8-1-03.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition4,292 bbl$69,871
GasProduction101,404 Mcf$4,912
Total$74,783

98,929 Mcf of this lease's gas, across 45 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 27.2591, -98.5731. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.25912, -98.57307 · 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
9,825 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 9,825 ft.

Plug dates filed
Oct 1999
1 of 1 wells

1 well

42-24731540E 79,825 ftOct 1999Yes

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 (82)

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

82 months

Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 199999019.262.88$1,907
Jul 199905017.892.37$119
Jun 199905715.942.36$135
May 1999013515.792.32$313
Apr 1999021315.102.21$470
Mar 1999023912.471.84$439
Feb 199903939.981.82$714
Jan 1999043410.381.90$825
Dec 199803079.201.77$544
Nov 1998033910.892.19$741
Oct 1998026512.421.97$522
Sep 199804312.592.08$90
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 1997185020.492.21$3,791
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960222.22$0
Aug 199605820.26$0
Jul 1996024119.55$0
Jun 1996031318.73$0
May 1996053819.43$0
Apr 1996067521.51$0
Mar 199620065919.38$3,876
Feb 1996085716.98$0
Jan 199601,24317.07$0
Dec 199501,36117.19$0
Nov 19951951,65816.00$3,120
Oct 199501,76115.43$0
Sep 199501,29116.18$0
Aug 199501,58215.92$0
Jul 19951841,73715.24$2,804
Jun 199501,86216.41$0
May 19951821,97417.56$3,196
Apr 199511,78617.73$18
Mar 199501,64416.44$0
Feb 199518468516.58$3,051
Jan 1995022615.92$0
Dec 199402,59315.03$0
Nov 19941832,62815.90$2,910
Oct 199401,77815.58$0
Sep 19941814,44715.29$2,767
Aug 199401,46016.13$0
Jul 199401,42617.56$0
Jun 19941821,24817.09$3,110
May 199401,21715.88$0
Apr 199402,77114.14$0
Mar 19943583,47912.46$4,461
Feb 199403,26112.50$0
Jan 19943623,67312.66$4,583
Dec 199303,88812.33$0
Nov 199303,66814.49$0
Oct 19933543,82415.85$5,611
Sep 199303,77515.03$0
Aug 19933573,69015.66$5,591
Jul 199303,02915.46$0
Jun 199303,83216.79$0
May 19933593,99017.68$6,347
Apr 199303,47118.05$0
Mar 19933624,60818.14$6,567
Feb 199304,33117.90$0
Jan 19933644,68916.93$6,163

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.

Aug 1999 — as filed, then multipliedworked
Condensate            99 bbl  × $ 19.26 =     $1,907
Gas                    0 Mcf  × $  2.88 =         $0

────────────────────────────────────────────────────
Month total                                   $1,907

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. 04/G/107407 is the state's own key, not one this site invented.