OLIVAREZ, M.L. ET AL GAS UNIT

Operated by FIDELITY EXPLOR. & PROD. CO. (P-5 266782) in the TABASCO (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 110707District 04Field 88103100NGPA filingCondensateGasSaveExport
Value, all time
$1.9 M
Jan 1993 – Mar 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
231
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 142 leases and 144 wells, and the rule below applies to all of them.

Discovered
2006-02-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2006-11-14.

The Commission's schedule remark for this field reads: BE SUSPENDED.

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
CondensateDisposition23,794 bbl$402,707
GasProduction1,089,705 Mcf$1,468,405
Total$1,871,112

612,374 Mcf of this lease's gas, across 48 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 26.2377, -98.4404. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.23767, -98.44040 · 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
11,510 ft
1 wells filed one
Completion to plug
27.9 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 11,510 ft.

Completions filed
Apr 1984
1 of 1 wells
Plug dates filed
Mar 2012
1 of 1 wells

Last completion to plug: a median of 27.9 years across the 1 well that filed both dates, with the middle half between 27.9 years and 27.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21531446111,510 ftApr 1984Mar 2012Yes

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 (231)

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

231 months

Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
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 200502050.377.15$143
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 2004053845.286.33$3,406
Oct 200431,11449.706.52$7,407
Sep 2004271,77143.245.28$10,525
Aug 2004151,84742.375.55$10,888
Jul 2004171,69738.286.08$10,976
Jun 2004672,02736.106.43$15,458
May 2004085937.486.49$5,579
Apr 200406934.475.86$404
Mar 20041787334.365.53$5,412
Feb 2004771,56232.455.51$11,105
Jan 2004471,81132.036.30$12,914
Dec 20031371,36830.266.30$12,766
Nov 2003841,65828.804.60$10,038
Oct 2003641,79128.174.76$10,327
Sep 2003781,85026.314.75$10,839
Aug 2003802,36029.765.13$14,487
Jul 20031163,68229.415.17$22,451
Jun 20031443,88928.565.98$27,380
May 20031433,97626.595.97$27,550
Apr 2003843,57526.675.41$21,571
Mar 2003133,56831.146.10$22,155
Feb 200373,18833.487.93$25,502
Jan 200393,82530.315.58$21,624
Dec 2002124,25226.914.85$20,961
Nov 200284,12524.664.14$17,262
Oct 2002104,08326.464.23$17,532
Sep 200274,02127.443.64$14,809
Aug 200274,13625.963.16$13,269
Jul 200274,02024.583.06$12,480
Jun 200284,07623.733.34$13,797
May 200274,41924.663.58$16,010
Apr 200263,48623.653.51$12,386
Mar 2002371,42722.003.10$5,242
Feb 2002501,60918.222.38$4,733
Jan 2002551,81417.172.38$5,254
Dec 2001552,27516.932.36$6,310
Nov 2001762,38818.072.41$7,118
Oct 2001301,26119.782.53$3,782
Sep 200161,45024.262.25$3,410
Aug 2001224,91724.873.05$15,560
Jul 2001224,36723.933.20$14,488
Jun 2001314,98324.563.82$19,817
May 2001465,93125.524.31$26,721
Apr 2001455,26024.685.34$29,174
Mar 20011234,56124.545.38$27,540
Feb 2001761,52127.755.77$10,881
Jan 2001571,53327.478.40$14,441
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000682,55431.875.19$15,413
Aug 2000333,93429.644.54$18,841
Jul 2000484,98428.534.09$21,753
Jun 2000376,97129.304.40$31,737
May 2000235,00027.263.68$19,026
Apr 2000397,64624.513.12$24,781
Mar 2000487,88928.422.86$23,925
Feb 2000314,53927.622.73$13,232
Jan 2000458,11925.272.48$21,276
Dec 1999202,98124.282.42$7,711
Nov 1999404,73623.192.43$12,455
Oct 1999337,00020.982.80$20,318
Sep 19992237,23221.752.62$23,790
Aug 19992717,44519.262.88$26,628
Jul 19993267,70617.892.37$24,114
Jun 19992557,52415.942.36$21,837
May 19993587,84615.792.32$23,864
Apr 19993207,08915.102.21$20,485
Mar 19995017,01212.471.84$19,138
Feb 19994668,4629.981.82$20,033
Jan 199943310,16210.381.90$23,802
Dec 19983504,4279.201.77$11,070
Nov 19984299,13110.892.19$24,630
Oct 199835710,16112.421.97$24,443
Sep 19982668,91412.592.08$21,913
Aug 19983959,11111.301.91$21,841
Jul 19982857,22611.742.24$19,512
Jun 19983059,81511.242.24$25,387
May 19982847,90512.622.21$21,025
Apr 19983269,42813.042.51$27,871
Mar 199830210,63212.802.31$28,420
Feb 19982277,02213.952.30$19,311
Jan 19981699,94614.702.15$23,916
Dec 19971017,86016.322.41$20,600
Nov 1997835,73418.193.09$19,218
Oct 19971209,07619.253.15$30,898
Sep 19971039,29617.742.95$29,296
Aug 199712710,51717.862.55$29,136
Jul 19971309,13517.582.25$22,811
Jun 19971526,03017.242.26$16,231
May 199720512,09118.972.31$31,801
Apr 19971635,90117.882.08$15,205
Mar 199728810,91018.951.94$26,614
Feb 199724311,03720.492.21$29,326
Jan 19971988,36223.483.54$34,248
Dec 199621511,87523.32$5,014
Nov 19961223,90821.97$2,680
Oct 199619211,20523.31$4,476
Sep 19961517,93122.22$3,355
Aug 199617811,31720.26$3,606
Jul 19961559,96219.55$3,030
Jun 19969110,80618.73$1,704
May 19969910,12719.43$1,924
Apr 199610911,41921.51$2,345
Mar 199612713,18619.38$2,461
Feb 1996999,50816.98$1,681
Jan 199615515,84717.07$2,646
Dec 19951224,35417.19$2,097
Nov 199526910,29816.00$4,304
Oct 199528212,80015.43$4,351
Sep 199525012,65316.18$4,045
Aug 19951977,68215.92$3,136
Jul 199522610,60615.24$3,444
Jun 199527713,45416.41$4,546
May 199524010,07317.56$4,214
Apr 199524911,19217.73$4,415
Mar 199524510,18716.44$4,028
Feb 199534611,95516.58$5,737
Jan 199537113,39015.92$5,906
Dec 199430611,70415.03$4,599
Nov 199427112,52215.90$4,309
Oct 199443214,47615.58$6,731
Sep 199435713,40715.29$5,459
Aug 199436813,86916.13$5,936
Jul 199439716,07317.56$6,971
Jun 199428013,59817.09$4,785
May 199424112,89415.88$3,827
Apr 199430313,25514.14$4,284
Mar 199432113,77912.46$4,000
Feb 199425112,40912.50$3,138
Jan 199427113,74912.66$3,431
Dec 199323713,74512.33$2,922
Nov 199326415,03814.49$3,825
Oct 199323815,32115.85$3,772
Sep 199323313,86915.03$3,502
Aug 199329214,56715.66$4,573
Jul 199321717,02415.46$3,355
Jun 199340217,33516.79$6,750
May 199343119,82217.68$7,620
Apr 199337813,81118.05$6,823
Mar 199343718,66518.14$7,927
Feb 199342017,39417.90$7,518
Jan 199342218,31316.93$7,144

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.

Mar 2005 — as filed, then multipliedworked
Condensate             0 bbl  × $ 50.37 =         $0
Gas                   20 Mcf  × $  7.15 =       $143

────────────────────────────────────────────────────
Month total                                     $143

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/110707 is the state's own key, not one this site invented.