HEREFORD -T-

Operated by PLAINS EXPLORATION & PROD. CO. (P-5 667862) in the BASHARA-HEREFORD (7300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 127197District 04Field 05993600NGPA filingCondensateGasSaveExport
Value, all time
$118 k
Jan 1993 – Nov 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
227
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 182 leases and 182 wells, and the rule below applies to all of them.

Discovered
1986-07-30
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: ALLOCATION FORMULA SUSPENDED EFFECTIVE 2/1/94.

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
CondensateDisposition1,894 bbl$30,073
GasProduction485,536 Mcf$87,869
Total$117,942

455,570 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 27.3584, -99.4421. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35839, -99.44211 · 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
8,680 ft
1 wells filed one
Completion to plug
23.6 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 8,680 ft.

Completions filed
Apr 1988
1 of 1 wells
Plug dates filed
Nov 2011
1 of 1 wells

Last completion to plug: a median of 23.6 years across the 1 well that filed both dates, with the middle half between 23.6 years and 23.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47934613218,680 ftApr 1988Nov 2011Yes

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 (227)

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

227 months

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 200502743.166.32$171
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 2002022823.653.51$801
Mar 20020022.003.10$0
Feb 2002016818.222.38$399
Jan 2002014517.172.38$344
Dec 2001028716.932.36$679
Nov 2001036918.072.41$888
Oct 2001038219.782.53$966
Sep 2001033524.262.25$754
Aug 2001040324.873.05$1,230
Jul 2001034623.933.20$1,106
Jun 2001035924.563.82$1,373
May 2001039725.524.31$1,710
Apr 2001035924.685.34$1,915
Mar 2001042224.545.38$2,269
Feb 20010027.755.77$0
Jan 2001036527.478.40$3,066
Dec 2000037826.889.12$3,448
Nov 2000038032.215.66$2,150
Oct 2000041731.235.15$2,146
Sep 2000034931.875.19$1,810
Aug 2000039929.644.54$1,812
Jul 2000046328.534.09$1,894
Jun 2000041929.304.40$1,842
May 2000043127.263.68$1,586
Apr 2000046924.513.12$1,461
Mar 2000044128.422.86$1,261
Feb 2000038227.622.73$1,042
Jan 2000042525.272.48$1,054
Dec 1999045124.282.42$1,093
Nov 1999039523.192.43$961
Oct 1999050720.982.80$1,421
Sep 1999046621.752.62$1,220
Aug 1999051719.262.88$1,487
Jul 1999048617.892.37$1,153
Jun 1999045615.942.36$1,077
May 1999045015.792.32$1,044
Apr 1999044915.102.21$991
Mar 1999044912.471.84$825
Feb 199905339.981.82$969
Jan 1999048110.381.90$914
Dec 199805039.201.77$892
Nov 1998053810.892.19$1,176
Oct 1998055212.421.97$1,087
Sep 1998053112.592.08$1,106
Aug 1998062011.301.91$1,183
Jul 19986748511.742.24$1,872
Jun 1998048811.242.24$1,092
May 1998056512.622.21$1,247
Apr 1998063813.042.51$1,598
Mar 1998066912.802.31$1,545
Feb 1998061813.952.30$1,421
Jan 1998057014.702.15$1,228
Dec 1997062816.322.41$1,514
Nov 1997076018.193.09$2,347
Oct 1997082319.253.15$2,592
Sep 1997064517.742.95$1,906
Aug 1997063617.862.55$1,625
Jul 1997053917.582.25$1,211
Jun 1997053917.242.26$1,217
May 1997066718.972.31$1,540
Apr 1997066517.882.08$1,385
Mar 1997073818.951.94$1,431
Feb 1997254020.492.21$1,232
Jan 1997082423.483.54$2,917
Dec 1996079123.32$0
Nov 1996070821.97$0
Oct 1996068723.31$0
Sep 1996070922.22$0
Aug 1996022420.26$0
Jul 1996069219.55$0
Jun 1996066418.73$0
May 1996071619.43$0
Apr 1996077421.51$0
Mar 1996096419.38$0
Feb 199601,10616.98$0
Jan 199601,15717.07$0
Dec 199501,00417.19$0
Nov 199501,06516.00$0
Oct 199501,06215.43$0
Sep 1995088316.18$0
Aug 199501,22415.92$0
Jul 199521,33115.24$30
Jun 199501,19716.41$0
May 199501,10417.56$0
Apr 199501,54717.73$0
Mar 199501,54016.44$0
Feb 199501,50316.58$0
Jan 199501,79115.92$0
Dec 199411,90715.03$15
Nov 199412,00915.90$16
Oct 199402,41715.58$0
Sep 199402,19415.29$0
Aug 199403,70216.13$0
Jul 199407,01317.56$0
Jun 19947711,00517.09$1,316
May 1994120,40215.88$16
Apr 199413422,60214.14$1,895
Mar 19945213,93312.46$648
Feb 19948913,35512.50$1,113
Jan 19947617,10712.66$962
Dec 19939622,24312.33$1,184
Nov 199313121,96114.49$1,898
Oct 199314126,62515.85$2,235
Sep 1993110,66815.03$15
Aug 1993014,33715.66$0
Jul 1993010,57015.46$0
Jun 199323230,37316.79$3,895
May 199317031,64317.68$3,006
Apr 1993238,42418.05$36
Mar 199325742,55818.14$4,662
Feb 199318131,34617.90$3,240
Jan 199318132,73316.93$3,064

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 2005 — as filed, then multipliedworked
Condensate             0 bbl  × $ 43.16 =         $0
Gas                   27 Mcf  × $  6.32 =       $171

────────────────────────────────────────────────────
Month total                                     $171

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/127197 is the state's own key, not one this site invented.