DE GARZA, J.M.

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

Operated by RESERVE OPERATING CORP. (P-5 703371) in the KELSEY, SOUTH (C-5-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 123423District 04Field 48635012NGPA filingCondensateGasSave Export

Value, all time

$298 k

Jan 1993 – Oct 2008

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

190

no gaps in the span

Streams

condensate, gas

The KELSEY, SOUTH (C-5-2) 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered

1987-02-06

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “EFFECTIVE 2-1-00.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	188 bbl	$2,931
Gas	Production	149,909 Mcf	$294,994
Total			$297,925

81,224 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 26.7658, -98.4499. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.76579, -98.44990 · 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

7,700 ft

1 wells filed one

Completion to plug

21.7 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 7,700 ft.

Completions filed

Feb 1987

1 of 1 wells

Plug dates filed

Oct 2008

1 of 1 wells

Last completion to plug: a median of 21.7 years across the 1 well that filed both dates, with the middle half between 21.7 years and 21.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-42731957	12	7,700 ft	Feb 1987	Oct 2008	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 (190)

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

190 months


Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	6	90.38	8.21	$49
Dec 2007	0	103	88.33	7.30	$752
Nov 2007	0	169	91.67	7.29	$1,232
Oct 2007	0	187	82.85	6.92	$1,294
Sep 2007	0	190	75.84	6.24	$1,186
Aug 2007	0	187	69.06	6.39	$1,195
Jul 2007	0	205	70.90	6.39	$1,310
Jun 2007	0	199	62.00	7.55	$1,502
May 2007	0	189	58.74	7.85	$1,483
Apr 2007	0	179	59.61	7.81	$1,397
Mar 2007	0	151	56.92	7.30	$1,103
Feb 2007	0	168	55.10	8.22	$1,380
Jan 2007	0	204	50.30	6.73	$1,372
Dec 2006	0	205	56.65	6.92	$1,418
Nov 2006	0	220	54.20	7.62	$1,676
Oct 2006	0	228	54.90	6.01	$1,371
Sep 2006	0	217	60.08	5.04	$1,093
Aug 2006	0	217	68.71	7.34	$1,593
Jul 2006	0	250	69.37	6.34	$1,586
Jun 2006	0	218	66.28	6.38	$1,392
May 2006	0	239	66.01	6.42	$1,536
Apr 2006	0	247	64.39	7.36	$1,818
Mar 2006	0	258	56.70	7.08	$1,827
Feb 2006	0	336	57.59	7.75	$2,604
Jan 2006	0	107	60.59	8.93	$956
Dec 2005	0	323	54.94	13.42	$4,333
Nov 2005	0	320	54.69	10.59	$3,388
Oct 2005	0	330	58.34	13.80	$4,553
Sep 2005	0	329	61.45	12.08	$3,974
Aug 2005	0	339	61.51	9.80	$3,321
Jul 2005	0	393	55.69	7.84	$3,083
Jun 2005	0	377	52.33	7.38	$2,783
May 2005	0	417	45.22	6.65	$2,774
Apr 2005	0	461	49.20	7.36	$3,393
Mar 2005	0	544	50.37	7.15	$3,892
Feb 2005	0	589	45.22	6.31	$3,718
Jan 2005	0	652	43.16	6.32	$4,122
Dec 2004	0	554	39.86	6.75	$3,740
Nov 2004	0	683	45.28	6.33	$4,324
Oct 2004	0	736	49.70	6.52	$4,795
Sep 2004	0	664	43.24	5.28	$3,509
Aug 2004	0	682	42.37	5.55	$3,786
Jul 2004	0	810	38.28	6.08	$4,928
Jun 2004	0	663	36.10	6.43	$4,265
May 2004	0	553	37.48	6.49	$3,592
Apr 2004	0	584	34.47	5.86	$3,421
Mar 2004	0	553	34.36	5.53	$3,058
Feb 2004	0	467	32.45	5.51	$2,573
Jan 2004	0	526	32.03	6.30	$3,314
Dec 2003	0	711	30.26	6.30	$4,480
Nov 2003	0	701	28.80	4.60	$3,221
Oct 2003	0	662	28.17	4.76	$3,151
Sep 2003	0	386	26.31	4.75	$1,833
Aug 2003	0	440	29.76	5.13	$2,257
Jul 2003	0	399	29.41	5.17	$2,063
Jun 2003	0	411	28.56	5.98	$2,459
May 2003	0	400	26.59	5.97	$2,389
Apr 2003	0	436	26.67	5.41	$2,358
Mar 2003	0	456	31.14	6.10	$2,780
Feb 2003	0	482	33.48	7.93	$3,820
Jan 2003	0	494	30.31	5.58	$2,758
Dec 2002	0	522	26.91	4.85	$2,534
Nov 2002	0	506	24.66	4.14	$2,093
Oct 2002	0	483	26.46	4.23	$2,043
Sep 2002	0	436	27.44	3.64	$1,585
Aug 2002	0	474	25.96	3.16	$1,500
Jul 2002	0	477	24.58	3.06	$1,460
Jun 2002	0	499	23.73	3.34	$1,666
May 2002	0	643	24.66	3.58	$2,305
Apr 2002	0	594	23.65	3.51	$2,086
Mar 2002	0	539	22.00	3.10	$1,672
Feb 2002	0	598	18.22	2.38	$1,421
Jan 2002	0	622	17.17	2.38	$1,478
Dec 2001	0	561	16.93	2.36	$1,326
Nov 2001	0	480	18.07	2.41	$1,155
Oct 2001	0	561	19.78	2.53	$1,419
Sep 2001	0	495	24.26	2.25	$1,114
Aug 2001	0	536	24.87	3.05	$1,636
Jul 2001	0	664	23.93	3.20	$2,123
Jun 2001	0	680	24.56	3.82	$2,600
May 2001	0	598	25.52	4.31	$2,576
Apr 2001	0	514	24.68	5.34	$2,742
Mar 2001	0	520	24.54	5.38	$2,796
Feb 2001	0	409	27.75	5.77	$2,359
Jan 2001	0	462	27.47	8.40	$3,880
Dec 2000	0	521	26.88	9.12	$4,753
Nov 2000	0	462	32.21	5.66	$2,614
Oct 2000	0	535	31.23	5.15	$2,753
Sep 2000	0	547	31.87	5.19	$2,837
Aug 2000	0	662	29.64	4.54	$3,006
Jul 2000	0	666	28.53	4.09	$2,724
Jun 2000	0	681	29.30	4.40	$2,995
May 2000	0	747	27.26	3.68	$2,749
Apr 2000	0	685	24.51	3.12	$2,134
Mar 2000	0	658	28.42	2.86	$1,882
Feb 2000	0	725	27.62	2.73	$1,977
Jan 2000	0	678	25.27	2.48	$1,682
Dec 1999	0	700	24.28	2.42	$1,697
Nov 1999	0	549	23.19	2.43	$1,336
Oct 1999	0	537	20.98	2.80	$1,506
Sep 1999	0	515	21.75	2.62	$1,349
Aug 1999	0	518	19.26	2.88	$1,490
Jul 1999	0	518	17.89	2.37	$1,229
Jun 1999	0	434	15.94	2.36	$1,025
May 1999	0	450	15.79	2.32	$1,044
Apr 1999	0	470	15.10	2.21	$1,038
Mar 1999	0	493	12.47	1.84	$906
Feb 1999	0	485	9.98	1.82	$882
Jan 1999	0	540	10.38	1.90	$1,026
Dec 1998	0	610	9.20	1.77	$1,082
Nov 1998	0	671	10.89	2.19	$1,467
Oct 1998	0	698	12.42	1.97	$1,375
Sep 1998	0	675	12.59	2.08	$1,406
Aug 1998	0	723	11.30	1.91	$1,379
Jul 1998	0	507	11.74	2.24	$1,134
Jun 1998	0	533	11.24	2.24	$1,192
May 1998	0	742	12.62	2.21	$1,637
Apr 1998	0	692	13.04	2.51	$1,734
Mar 1998	0	587	12.80	2.31	$1,356
Feb 1998	0	671	13.95	2.30	$1,543
Jan 1998	0	757	14.70	2.15	$1,631
Dec 1997	0	847	16.32	2.41	$2,042
Nov 1997	0	887	18.19	3.09	$2,739
Oct 1997	0	959	19.25	3.15	$3,021
Sep 1997	0	710	17.74	2.95	$2,098
Aug 1997	0	788	17.86	2.55	$2,013
Jul 1997	0	844	17.58	2.25	$1,896
Jun 1997	0	901	17.24	2.26	$2,034
May 1997	0	1,107	18.97	2.31	$2,556
Apr 1997	0	970	17.88	2.08	$2,020
Mar 1997	0	925	18.95	1.94	$1,794
Feb 1997	0	862	20.49	2.21	$1,901
Jan 1997	0	964	23.48	3.54	$3,412
Dec 1996	0	934	23.32	—	$0
Nov 1996	0	886	21.97	—	$0
Oct 1996	0	597	23.31	—	$0
Sep 1996	0	603	22.22	—	$0
Aug 1996	0	821	20.26	—	$0
Jul 1996	1	820	19.55	—	$20
Jun 1996	0	985	18.73	—	$0
May 1996	0	887	19.43	—	$0
Apr 1996	0	1,094	21.51	—	$0
Mar 1996	0	957	19.38	—	$0
Feb 1996	0	783	16.98	—	$0
Jan 1996	0	1,100	17.07	—	$0
Dec 1995	0	1,046	17.19	—	$0
Nov 1995	0	1,068	16.00	—	$0
Oct 1995	0	1,015	15.43	—	$0
Sep 1995	0	1,078	16.18	—	$0
Aug 1995	3	1,177	15.92	—	$48
Jul 1995	0	1,251	15.24	—	$0
Jun 1995	0	1,302	16.41	—	$0
May 1995	0	1,871	17.56	—	$0
Apr 1995	0	1,906	17.73	—	$0
Mar 1995	3	2,030	16.44	—	$49
Feb 1995	2	1,825	16.58	—	$33
Jan 1995	2	2,027	15.92	—	$32
Dec 1994	2	1,934	15.03	—	$30
Nov 1994	5	2,166	15.90	—	$80
Oct 1994	13	2,483	15.58	—	$203
Sep 1994	10	2,722	15.29	—	$153
Aug 1994	36	2,986	16.13	—	$581
Jul 1994	20	3,240	17.56	—	$351
Jun 1994	14	3,120	17.09	—	$239
May 1994	45	3,484	15.88	—	$715
Apr 1994	0	2,985	14.14	—	$0
Mar 1994	32	2,849	12.46	—	$399
Feb 1994	0	2,582	12.50	—	$0
Jan 1994	0	3,192	12.66	—	$0
Dec 1993	0	3,630	12.33	—	$0
Nov 1993	0	4,001	14.49	—	$0
Oct 1993	0	4,778	15.85	—	$0
Sep 1993	0	3,988	15.03	—	$0
Aug 1993	0	383	15.66	—	$0
Jul 1993	0	417	15.46	—	$0
Jun 1993	0	422	16.79	—	$0
May 1993	0	329	17.68	—	$0
Apr 1993	0	644	18.05	—	$0
Mar 1993	0	475	18.14	—	$0
Feb 1993	0	159	17.90	—	$0
Jan 1993	0	192	16.93	—	$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.

Jan 2008 — as filed, then multipliedworked

Condensate             0 bbl  × $ 90.38 =         $0
Gas                    6 Mcf  × $  8.21 =        $49

────────────────────────────────────────────────────
Month total                                      $49

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/123423 is the state's own key, not one this site invented.