SEPULVEDA, J.M.

Operated by SOUTHWEST GATHERING COMPANY (P-5 806193) in the AGUA PRIETA (3870) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 118538District 04Field 00849420NGPA filingCondensateGasSaveExport
Value, all time
$638 k
Jan 1993 – May 2014
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
257
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 other leases, and the rule below applies to all of them.

Discovered
1985-10-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition9,206 bbl$269,318
GasProduction149,665 Mcf$368,292
Total$637,610

57,574 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 27.7993, -98.3486. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.79929, -98.34856 · 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
5,860 ft
1 wells filed one
Completion to plug
29.5 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 5,860 ft.

Completions filed
Oct 1985
1 of 1 wells
Plug dates filed
Apr 2015
1 of 1 wells

Last completion to plug: a median of 29.5 years across the 1 well that filed both dates, with the middle half between 29.5 years and 29.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1313672015,860 ftOct 1985Apr 2015Yes

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 (257)

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

257 months

May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 201461095.895.06$5,849
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 201301188.853.74$41
Oct 201301197.423.78$42
Sep 2013011104.113.72$41
Aug 2013011104.253.52$39
Jul 20139811102.523.72$10,088
Jun 20130194.403.93$4
May 20130194.834.15$4
Apr 201302293.964.28$94
Mar 201302193.623.91$82
Feb 201301191.233.42$38
Jan 201301191.603.42$38
Dec 20120686.773.42$21
Nov 20120186.953.62$4
Oct 20120189.383.40$3
Sep 20120194.672.92$3
Aug 20120192.662.91$3
Jul 20120085.133.02$0
Jun 20120179.822.52$3
May 20120191.612.49$2
Apr 201201101.652.00$2
Mar 201201105.052.22$2
Feb 201201101.102.57$3
Jan 20120198.092.73$3
Dec 20111151396.873.24$11,182
Nov 20110495.723.31$13
Oct 20110184.983.65$4
Sep 201101283.623.99$48
Aug 201103183.404.15$129
Jul 201103194.144.52$140
Jun 201102992.904.64$135
May 2011106098.134.40$10,402
Apr 201101105.964.33$4
Mar 20110196.364.06$4
Feb 20110185.644.18$4
Jan 20110186.504.59$5
Dec 20100185.734.35$4
Nov 2010151180.843.80$12,211
Oct 20100278.103.51$7
Sep 20100272.633.98$8
Aug 20100173.684.42$4
Jul 20100172.554.74$5
Jun 20100170.364.91$5
May 20100171.124.24$4
Apr 20100181.694.12$4
Mar 20100178.394.39$4
Feb 20100173.585.44$5
Jan 20100174.365.96$6
Dec 20090171.445.48$5
Nov 20090174.593.75$4
Oct 20090172.544.11$4
Sep 20090165.543.06$3
Aug 20090167.423.22$3
Jul 20090061.133.46$0
Jun 20090166.163.90$4
May 20090054.743.93$0
Apr 20090146.773.59$4
Mar 2009147142.144.06$6,199
Feb 20090032.814.63$0
Jan 200905835.865.37$312
Dec 200809037.105.98$538
Nov 200809055.496.86$617
Oct 200809075.246.92$623
Sep 2008090101.767.88$709
Aug 2008090114.228.48$763
Jul 2008090131.0811.39$1,025
Jun 2008090131.3313.03$1,173
May 200812790123.1711.57$16,684
Apr 2008090110.3110.45$941
Mar 2008090101.909.66$870
Feb 200809092.538.77$789
Jan 200809090.388.21$739
Dec 200709088.337.30$657
Nov 200709091.677.29$656
Oct 200709082.856.92$623
Sep 200709075.846.24$562
Aug 200709069.066.39$575
Jul 20071189070.906.39$8,941
Jun 200709062.007.55$679
May 200709058.747.85$706
Apr 200709059.617.81$702
Mar 200709056.927.30$657
Feb 200709055.108.22$739
Jan 20071369050.306.73$7,446
Dec 200609056.656.92$623
Nov 200609054.207.62$686
Oct 200604054.906.01$241
Sep 20061379060.085.04$8,684
Aug 200609068.717.34$661
Jul 200609069.376.34$571
Jun 200609066.286.38$575
May 200609066.016.42$578
Apr 20061259064.397.36$8,711
Mar 200609056.707.08$637
Feb 200609057.597.75$698
Jan 200609060.598.93$804
Dec 200502054.9413.42$268
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 200501755.697.84$133
Jun 200502852.337.38$207
May 20050045.226.65$0
Apr 200516940549.207.36$11,296
Mar 2005038050.377.15$2,719
Feb 200501,10145.226.31$6,949
Jan 2005073443.166.32$4,640
Dec 200411871039.866.75$9,497
Nov 2004083645.286.33$5,292
Oct 2004057049.706.52$3,714
Sep 200412539943.245.28$7,513
Aug 2004052042.375.55$2,886
Jul 2004080538.286.08$4,898
Jun 2004096636.106.43$6,214
May 20041381,06037.486.49$12,056
Apr 2004057134.475.86$3,345
Mar 2004092034.365.53$5,088
Feb 2004095532.455.51$5,262
Jan 200414375232.036.30$9,318
Dec 200301,00030.266.30$6,302
Nov 2003099828.804.60$4,586
Oct 200301,10728.174.76$5,269
Sep 20031301,69326.314.75$11,461
Aug 200301,59529.765.13$8,182
Jul 200301,10129.415.17$5,693
Jun 20031131,14828.565.98$10,096
May 200301,02226.595.97$6,104
Apr 200301,02226.675.41$5,526
Mar 200313880531.146.10$9,205
Feb 2003067433.487.93$5,342
Jan 2003075130.315.58$4,192
Dec 200213275326.914.85$7,207
Nov 2002073824.664.14$3,053
Oct 2002049026.464.23$2,072
Sep 20021041,10527.443.64$6,871
Aug 2002065525.963.16$2,073
Jul 2002054824.583.06$1,678
Jun 20021381,08923.733.34$6,910
May 200201,09424.663.58$3,921
Apr 2002089023.653.51$3,126
Mar 2002067422.003.10$2,091
Feb 200212481518.222.38$4,195
Jan 200201,17617.172.38$2,794
Dec 20011251,22316.932.36$5,008
Nov 200101,00818.072.41$2,425
Oct 200101,11819.782.53$2,827
Sep 200115896124.262.25$5,997
Aug 200101,35024.873.05$4,122
Jul 200101,14623.933.20$3,664
Jun 200101,31024.563.82$5,010
May 200111763425.524.31$5,717
Apr 200101,22324.685.34$6,525
Mar 200101,32124.545.38$7,102
Feb 200114081127.755.77$8,562
Jan 2001045727.478.40$3,838
Dec 2000050426.889.12$4,598
Nov 2000066732.215.66$3,774
Oct 200013285531.235.15$8,522
Sep 2000091131.875.19$4,725
Aug 20001451,06929.644.54$9,152
Jul 200001,10528.534.09$4,519
Jun 2000090529.304.40$3,980
May 200013684127.263.68$6,802
Apr 2000058524.513.12$1,823
Mar 2000069928.422.86$1,999
Feb 200014863527.622.73$5,819
Jan 2000057125.272.48$1,416
Dec 1999061624.282.42$1,493
Nov 199912757023.192.43$4,333
Oct 1999060520.982.80$1,696
Sep 1999056121.752.62$1,469
Aug 1999951,01519.262.88$4,748
Jul 1999087717.892.37$2,081
Jun 19991071,03815.942.36$4,157
May 1999071915.792.32$1,669
Apr 19991311,03915.102.21$4,272
Mar 199901,14012.471.84$2,096
Feb 19991259689.981.82$3,007
Jan 199901,00710.381.90$1,913
Dec 199804109.201.77$727
Nov 199810017510.892.19$1,472
Oct 1998096412.421.97$1,898
Sep 199810695412.592.08$3,321
Aug 199801,04311.301.91$1,989
Jul 199810197911.742.24$3,376
Jun 1998095111.242.24$2,128
May 199810798612.622.21$3,526
Apr 1998093013.042.51$2,330
Mar 199810694012.802.31$3,528
Feb 199801,02613.952.30$2,359
Jan 199812298914.702.15$3,924
Dec 199701,03116.322.41$2,486
Nov 199711578018.193.09$4,501
Oct 199701,00919.253.15$3,178
Sep 19971221,01417.742.95$5,161
Aug 199701,04117.862.55$2,659
Jul 19971001,08117.582.25$4,187
Jun 199701,04017.242.26$2,347
May 19971051,03618.972.31$4,383
Apr 1997056917.882.08$1,185
Mar 19971371,01018.951.94$4,555
Feb 1997093120.492.21$2,054
Jan 199711891323.483.54$6,002
Dec 199601,28523.32$0
Nov 19961271,35221.97$2,790
Oct 1996094723.31$0
Sep 199612075822.22$2,666
Aug 1996097420.26$0
Jul 199612699319.55$2,463
Jun 19961471,01818.73$2,753
May 199601,10119.43$0
Apr 199601,00021.51$0
Mar 199612798119.38$2,461
Feb 1996096816.98$0
Jan 199612990917.07$2,202
Dec 199501,05417.19$0
Nov 19951321,05516.00$2,112
Oct 199501,03515.43$0
Sep 19951321,19916.18$2,136
Aug 199501,07815.92$0
Jul 19951251,11315.24$1,905
Jun 199501,09316.41$0
May 19951161,07017.56$2,037
Apr 1995094917.73$0
Mar 199511438416.44$1,874
Feb 1995095416.58$0
Jan 19951051,13715.92$1,672
Dec 19941311,15515.03$1,969
Nov 199401,15615.90$0
Oct 19941181,21415.58$1,838
Sep 199401,32415.29$0
Aug 19941261,16116.13$2,032
Jul 199401,26317.56$0
Jun 19941271,40517.09$2,170
May 19941261,24415.88$2,001
Apr 199401,29314.14$0
Mar 19941381,46312.46$1,719
Feb 199401,33812.50$0
Jan 19941321,42812.66$1,671
Dec 199301,42912.33$0
Nov 19931381,35814.49$2,000
Oct 199301,44615.85$0
Sep 19931261,54115.03$1,894
Aug 19931571,58015.66$2,459
Jul 199301,76315.46$0
Jun 19931611,63416.79$2,703
May 199301,66117.68$0
Apr 19931521,63718.05$2,744
Mar 199301,10518.14$0
Feb 19931561,40317.90$2,792
Jan 199301,16616.93$0

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 2014 — as filed, then multipliedworked
Condensate            61 bbl  × $ 95.89 =     $5,849
Gas                    0 Mcf  × $  5.06 =         $0

────────────────────────────────────────────────────
Month total                                   $5,849

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/118538 is the state's own key, not one this site invented.