STATE RIVER - SANTA MARGARITA

Operated by HENDERSON PETROLEUM CORPORATION (P-5 377078) in the SANTA MARGARITA (WILCOX 9900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 123826District 04Field 80877500NGPA filingCondensateGasSaveExport
Value, all time
$1.7 M
Jan 1993 – Jul 2013
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
247
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1987-01-27
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: ALLOC. FORMU. SUSP. ADMIN. EFF 6-1-95.

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
CondensateDisposition154 bbl$9,345
GasProduction781,113 Mcf$1,711,306
Total$1,720,651

287,538 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 26.4828, -99.0948. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.48281, -99.09482 · 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
10,350 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 10,350 ft.

Completions filed
Jan 1987
1 of 1 wells
Plug dates filed
Jul 2013
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

42-42732129110,350 ftJan 1987Jul 2013Yes

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 (247)

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

247 months

Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 201377093.623.91$7,209
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
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 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 2004018938.286.08$1,150
Jun 2004065436.106.43$4,207
May 2004018437.486.49$1,195
Apr 2004038034.475.86$2,226
Mar 200404,71734.365.53$26,086
Feb 200403,74032.455.51$20,606
Jan 200403,05232.036.30$19,227
Dec 200303,84230.266.30$24,211
Nov 200303,38128.804.60$15,536
Oct 200303,90128.174.76$18,567
Sep 200304,22826.314.75$20,080
Aug 200304,90629.765.13$25,166
Jul 200305,76229.415.17$29,794
Jun 200305,55928.565.98$33,259
May 200305,55026.595.97$33,148
Apr 200305,63926.675.41$30,492
Mar 200306,00431.146.10$36,601
Feb 200305,31733.487.93$42,142
Jan 200304,78730.315.58$26,721
Dec 200203,13426.914.85$15,212
Nov 200206,36224.664.14$26,319
Oct 200204,87026.464.23$20,596
Sep 200204,51727.443.64$16,420
Aug 200205,15125.963.16$16,299
Jul 200205,01124.583.06$15,342
Jun 200204,32623.733.34$14,441
May 200204,84524.663.58$17,364
Apr 200205,15223.653.51$18,095
Mar 200205,13922.003.10$15,945
Feb 200205,01518.222.38$11,914
Jan 200205,01117.172.38$11,905
Dec 200104,50816.932.36$10,659
Nov 200104,66518.072.41$11,222
Oct 200105,52819.782.53$13,980
Sep 200105,23124.262.25$11,777
Aug 200105,89024.873.05$17,983
Jul 200106,59523.933.20$21,085
Jun 200105,80124.563.82$22,184
May 200105,94925.524.31$25,624
Apr 200105,64524.685.34$30,118
Mar 200105,04824.545.38$27,140
Feb 2001776,22827.755.77$38,054
Jan 200104,49827.478.40$37,778
Dec 200004,06526.889.12$37,083
Nov 200005,83832.215.66$33,031
Oct 200006,76431.235.15$34,804
Sep 200006,21831.875.19$32,250
Aug 200006,85029.644.54$31,104
Jul 200004,04328.534.09$16,535
Jun 200005,43829.304.40$23,912
May 200005,80527.263.68$21,361
Apr 200006,18824.513.12$19,282
Mar 200007,05628.422.86$20,178
Feb 200005,67627.622.73$15,476
Jan 200006,60425.272.48$16,381
Dec 199906,30924.282.42$15,291
Nov 199906,27923.192.43$15,283
Oct 199906,29720.982.80$17,655
Sep 199906,60021.752.62$17,284
Aug 199905,36119.262.88$15,416
Jul 199906,66017.892.37$15,800
Jun 199906,43315.942.36$15,195
May 199906,57115.792.32$15,251
Apr 199906,16315.102.21$13,608
Mar 199906,45312.471.84$11,863
Feb 199905,1809.981.82$9,416
Jan 199906,52610.381.90$12,399
Dec 199805,7769.201.77$10,243
Nov 199806,09510.892.19$13,322
Oct 199805,76012.421.97$11,343
Sep 199805,30712.592.08$11,052
Aug 199806,01911.301.91$11,480
Jul 199805,78711.742.24$12,947
Jun 199805,77111.242.24$12,911
May 199806,35512.622.21$14,021
Apr 199806,35113.042.51$15,911
Mar 199805,85512.802.31$13,522
Feb 199805,64213.952.30$12,972
Jan 199806,70814.702.15$14,454
Dec 199706,92416.322.41$16,694
Nov 199706,28718.193.09$19,416
Oct 199705,16219.253.15$16,259
Sep 199707,19317.742.95$21,254
Aug 199707,41817.862.55$18,951
Jul 199706,74017.582.25$15,144
Jun 199707,17817.242.26$16,202
May 199706,76118.972.31$15,608
Apr 199707,44117.882.08$15,498
Mar 199706,99118.951.94$13,557
Feb 199706,17720.492.21$13,626
Jan 199706,58923.483.54$23,323
Dec 199606,99923.32$0
Nov 199606,48921.97$0
Oct 199606,36223.31$0
Sep 199605,66422.22$0
Aug 199602,89020.26$0
Jul 199604,76719.55$0
Jun 199604,48618.73$0
May 199605,86019.43$0
Apr 199605,96521.51$0
Mar 199606,07719.38$0
Feb 199606,14216.98$0
Jan 199606,99617.07$0
Dec 199505,28117.19$0
Nov 199507,08416.00$0
Oct 199506,45615.43$0
Sep 199507,92016.18$0
Aug 199504,41015.92$0
Jul 199505,09915.24$0
Jun 199504,94216.41$0
May 199506,16817.56$0
Apr 199504,81717.73$0
Mar 199505,49916.44$0
Feb 199503,19316.58$0
Jan 199505,75115.92$0
Dec 199407,04215.03$0
Nov 199405,69215.90$0
Oct 199405,81815.58$0
Sep 199406,51515.29$0
Aug 199403,87516.13$0
Jul 199404,23717.56$0
Jun 199407,46417.09$0
May 199408,29415.88$0
Apr 199408,88114.14$0
Mar 199405,11012.46$0
Feb 199406,00212.50$0
Jan 199406,04812.66$0
Dec 199307,74912.33$0
Nov 199304,96314.49$0
Oct 199305,91815.85$0
Sep 199305,27415.03$0
Aug 199306,57615.66$0
Jul 199306,51215.46$0
Jun 199306,89916.79$0
May 199307,64017.68$0
Apr 199305,92018.05$0
Mar 199306,06018.14$0
Feb 199306,93617.90$0
Jan 199306,79616.93$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 2013 — as filed, then multipliedworked
Condensate            77 bbl  × $ 93.62 =     $7,209
Gas                    0 Mcf  × $  3.91 =         $0

────────────────────────────────────────────────────
Month total                                   $7,209

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/123826 is the state's own key, not one this site invented.