GARZA, LAURO

Operated by DENALI OIL & GAS MANAGEMENT, LLC (P-5 215333) in the HAYNES (HINNANT CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 118176District 04Field 39818175NGPA filingCondensateGasSaveExport
Value, all time
$234 k
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 66 leases and 66 wells, and the rule below applies to all of them.

Discovered
1999-06-29
as the register files it
Field class
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 40 acres. The field rule took effect on 2012-04-10.

The Commission's schedule remark for this field reads: SPACING AND ALLOCATION FORMULA REMAINS 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
NGPA1none

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
CondensateDisposition167 bbl$2,719
GasProduction983,529 Mcf$231,242
Total$233,961

890,946 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 26.9977, -99.0371. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.99773, -99.03711 · 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
13,000 ft
1 wells filed one
Completion to plug
26.5 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 13,000 ft.

Completions filed
Sep 1985
1 of 1 wells
Plug dates filed
Mar 2012
1 of 1 wells

Last completion to plug: a median of 26.5 years across the 1 well that filed both dates, with the middle half between 26.5 years and 26.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-50532072E 113,000 ftSep 1985Mar 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 20100673.684.42$27
Jul 201004272.554.74$199
Jun 201007770.364.91$378
May 2010013771.124.24$580
Apr 2010032681.694.12$1,344
Mar 2010023378.394.39$1,023
Feb 2010010573.585.44$571
Jan 2010024574.365.96$1,461
Dec 20090871.445.48$44
Nov 2009034874.593.75$1,306
Oct 2009034572.544.11$1,418
Sep 20090265.543.06$6
Aug 20090067.423.22$0
Jul 200905761.133.46$197
Jun 2009017866.163.90$693
May 20090054.743.93$0
Apr 200901446.773.59$50
Mar 2009010242.144.06$414
Feb 2009039332.814.63$1,821
Jan 2009028735.865.37$1,541
Dec 2008022837.105.98$1,363
Nov 2008019755.496.86$1,351
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 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 19990209.981.82$36
Jan 19990010.381.90$0
Dec 199803,3099.201.77$5,868
Nov 199803,76010.892.19$8,218
Oct 199802,47412.421.97$4,872
Sep 1998019512.592.08$406
Aug 1998094811.301.91$1,808
Jul 199801,02411.742.24$2,291
Jun 199801,65511.242.24$3,703
May 199802,65812.622.21$5,864
Apr 199805,53313.042.51$13,862
Mar 199803,16512.802.31$7,309
Feb 199802,05313.952.30$4,720
Jan 199804,16814.702.15$8,981
Dec 199705,56716.322.41$13,423
Nov 199704,34418.193.09$13,415
Oct 199705,32719.253.15$16,779
Sep 199703,08717.742.95$9,122
Aug 199704,43817.862.55$11,338
Jul 199704,72917.582.25$10,626
Jun 199705,30717.242.26$11,979
May 199703,72318.972.31$8,595
Apr 199705,76417.882.08$12,005
Mar 199705,63318.951.94$10,923
Feb 199705,55120.492.21$12,245
Jan 199704,82123.483.54$17,065
Dec 199606,42623.32$0
Nov 199608,87721.97$0
Oct 199607,98723.31$0
Sep 1996010,19722.22$0
Aug 199606,98020.26$0
Jul 199603,33719.55$0
Jun 199673,33718.73$131
May 199606,99719.43$0
Apr 199645,93221.51$86
Mar 199667,94319.38$116
Feb 1996010,15016.98$0
Jan 1996011,11917.07$0
Dec 199539,04217.19$52
Nov 199549,66316.00$64
Oct 1995116,23015.43$15
Sep 1995115,14816.18$16
Aug 1995016,42415.92$0
Jul 1995017,39715.24$0
Jun 199507,88216.41$0
May 199506,67417.56$0
Apr 199559,33417.73$89
Mar 1995611,04516.44$99
Feb 1995510,39916.58$83
Jan 1995714,65215.92$111
Dec 1994412,43015.03$60
Nov 1994813,59815.90$127
Oct 1994315,53815.58$47
Sep 1994015,52515.29$0
Aug 1994416,08616.13$65
Jul 19941117,79417.56$193
Jun 1994018,69517.09$0
May 19941021,28615.88$159
Apr 1994421,71214.14$57
Mar 1994024,89012.46$0
Feb 1994426,71812.50$50
Jan 19941830,50412.66$228
Dec 1993062,99012.33$0
Nov 1993742,21814.49$101
Oct 1993740,77415.85$111
Sep 1993043,87715.03$0
Aug 1993041,83015.66$0
Jul 1993017,51615.46$0
Jun 1993024,12516.79$0
May 1993022,63817.68$0
Apr 1993028,37618.05$0
Mar 1993031,41118.14$0
Feb 19931726,70717.90$304
Jan 19932140,53616.93$356

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 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 73.68 =         $0
Gas                    6 Mcf  × $  4.42 =        $27

────────────────────────────────────────────────────
Month total                                      $27

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/118176 is the state's own key, not one this site invented.