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 127685District 04Field 39818175NGPA filingCondensateGasSaveExport
Value, all time
$855 k
Jan 1993 – Jun 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
234
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
CondensateDisposition51 bbl$847
GasProduction983,259 Mcf$853,894
Total$854,741

714,172 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 27.0018, -99.0325. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.00180, -99.03253 · 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
12,252 ft
1 wells filed one
Completion to plug
24.0 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 12,252 ft.

Completions filed
Jun 1988
1 of 1 wells
Plug dates filed
Jun 2012
1 of 1 wells

Last completion to plug: a median of 24.0 years across the 1 well that filed both dates, with the middle half between 24.0 years and 24.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-50532439E 512,252 ftJun 1988Jun 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 (234)

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

234 months

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 2008019110.3110.45$199
Mar 20080418101.909.66$4,040
Feb 2008036692.538.77$3,210
Jan 2008017190.388.21$1,403
Dec 2007016888.337.30$1,227
Nov 2007059791.677.29$4,353
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 200707469.066.39$473
Jul 200709570.906.39$607
Jun 2007012362.007.55$928
May 2007010658.747.85$832
Apr 200708059.617.81$624
Mar 2007012056.927.30$876
Feb 2007011255.108.22$920
Jan 200706050.306.73$404
Dec 2006011056.656.92$761
Nov 200608954.207.62$678
Oct 2006019654.906.01$1,179
Sep 20060060.085.04$0
Aug 2006014668.717.34$1,072
Jul 2006012569.376.34$793
Jun 2006012166.286.38$772
May 2006018866.016.42$1,208
Apr 2006020364.397.36$1,494
Mar 200604056.707.08$283
Feb 200608557.597.75$659
Jan 2006011360.598.93$1,009
Dec 200507254.9413.42$966
Nov 200508254.6910.59$868
Oct 200504458.3413.80$607
Sep 2005022661.4512.08$2,730
Aug 2005025161.519.80$2,459
Jul 2005027055.697.84$2,118
Jun 2005030852.337.38$2,273
May 2005034945.226.65$2,321
Apr 2005034149.207.36$2,510
Mar 2005049550.377.15$3,542
Feb 2005070145.226.31$4,425
Jan 2005059543.166.32$3,762
Dec 2004040739.866.75$2,748
Nov 2004044445.286.33$2,811
Oct 2004047949.706.52$3,121
Sep 2004055543.245.28$2,933
Aug 2004050742.375.55$2,814
Jul 2004060138.286.08$3,657
Jun 2004053336.106.43$3,429
May 2004048137.486.49$3,124
Apr 2004055634.475.86$3,257
Mar 2004065834.365.53$3,639
Feb 2004044532.455.51$2,452
Jan 2004062532.036.30$3,937
Dec 2003063930.266.30$4,027
Nov 2003058028.804.60$2,665
Oct 2003066528.174.76$3,165
Sep 2003067726.314.75$3,215
Aug 2003057729.765.13$2,960
Jul 2003062529.415.17$3,232
Jun 2003069128.565.98$4,134
May 2003076526.595.97$4,569
Apr 2003064426.675.41$3,482
Mar 2003084731.146.10$5,163
Feb 2003074733.487.93$5,921
Jan 2003077130.315.58$4,304
Dec 2002078726.914.85$3,820
Nov 2002064724.664.14$2,677
Oct 2002089526.464.23$3,785
Sep 2002088327.443.64$3,210
Aug 2002097125.963.16$3,072
Jul 200201,30524.583.06$3,996
Jun 200201,31023.733.34$4,373
May 2002091124.663.58$3,265
Apr 2002056923.653.51$1,999
Mar 200201,53722.003.10$4,769
Feb 200202,22418.222.38$5,284
Jan 200201,52217.172.38$3,616
Dec 200102,72316.932.36$6,438
Nov 200101,43618.072.41$3,454
Oct 200101,50919.782.53$3,816
Sep 200101,94124.262.25$4,370
Aug 200101,77224.873.05$5,410
Jul 200101,35623.933.20$4,335
Jun 200101,41424.563.82$5,407
May 200102,08725.524.31$8,989
Apr 200102,06124.685.34$10,996
Mar 200102,42524.545.38$13,038
Feb 200102,02427.755.77$11,673
Jan 200102,55327.478.40$21,442
Dec 200003,02626.889.12$27,605
Nov 200001,63832.215.66$9,268
Oct 200002,92931.235.15$15,071
Sep 200002,34031.875.19$12,136
Aug 200002,34929.644.54$10,666
Jul 200002,89228.534.09$11,828
Jun 200004,10129.304.40$18,033
May 200002,99927.263.68$11,036
Apr 200003,91024.513.12$12,184
Mar 200004,31928.422.86$12,351
Feb 200003,21027.622.73$8,752
Jan 200003,26325.272.48$8,094
Dec 199902,94224.282.42$7,131
Nov 199902,93823.192.43$7,151
Oct 199904,29820.982.80$12,050
Sep 199903,82221.752.62$10,009
Aug 199903,51519.262.88$10,108
Jul 199903,94317.892.37$9,354
Jun 199904,33015.942.36$10,228
May 199904,30615.792.32$9,994
Apr 199904,32615.102.21$9,552
Mar 199904,69312.471.84$8,627
Feb 199903,9699.981.82$7,215
Jan 199903,60610.381.90$6,851
Dec 199804,0119.201.77$7,113
Nov 199804,40310.892.19$9,624
Oct 199804,74712.421.97$9,348
Sep 199805,68412.592.08$11,838
Aug 199806,17811.301.91$11,784
Jul 199807,15011.742.24$15,996
Jun 199804,89011.242.24$10,940
May 199805,87712.622.21$12,967
Apr 199808,51313.042.51$21,328
Mar 199803,57412.802.31$8,254
Feb 199803,63613.952.30$8,360
Jan 199805,13914.702.15$11,073
Dec 199705,26316.322.41$12,690
Nov 199704,80518.193.09$14,839
Oct 199706,80219.253.15$21,425
Sep 199703,79817.742.95$11,223
Aug 199703,43617.862.55$8,778
Jul 199703,58317.582.25$8,051
Jun 199705,35017.242.26$12,076
May 199705,98718.972.31$13,821
Apr 199704,78317.882.08$9,962
Mar 199706,13518.951.94$11,897
Feb 199704,57220.492.21$10,085
Jan 199708,06723.483.54$28,555
Dec 199603,30723.32$0
Nov 199607,11221.97$0
Oct 199606,77723.31$0
Sep 199607,52322.22$0
Aug 199607,26820.26$0
Jul 199606,39519.55$0
Jun 199616,39518.73$19
May 199607,75419.43$0
Apr 199628,25321.51$43
Mar 1996312,00019.38$58
Feb 199604,26216.98$0
Jan 199603,87417.07$0
Dec 199516,80217.19$17
Nov 199517,91416.00$16
Oct 1995010,60515.43$0
Sep 199529,14116.18$32
Aug 199519,65215.92$16
Jul 1995310,43215.24$46
Jun 1995011,91416.41$0
May 1995011,52017.56$0
Apr 199529,55617.73$35
Mar 1995313,05816.44$49
Feb 1995210,09316.58$33
Jan 1995210,95615.92$32
Dec 1994213,24515.03$30
Nov 1994310,95815.90$48
Oct 1994212,89215.58$31
Sep 1994015,11515.29$0
Aug 1994216,38316.13$32
Jul 1994112,85217.56$18
Jun 1994013,18117.09$0
May 1994212,50015.88$32
Apr 1994024,10714.14$0
Mar 1994022,62612.46$0
Feb 1994026,30612.50$0
Jan 1994330,05312.66$38
Dec 1993037,23212.33$0
Nov 1993134,51714.49$14
Oct 1993139,78715.85$16
Sep 1993049,06015.03$0
Aug 1993029,21815.66$0
Jul 1993012,43815.46$0
Jun 1993015,23416.79$0
May 1993115,66017.68$18
Apr 1993015,19318.05$0
Mar 1993017,99518.14$0
Feb 1993414,24817.90$72
Jan 1993620,80916.93$102

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.

Apr 2008 — as filed, then multipliedworked
Condensate             0 bbl  × $110.31 =         $0
Gas                   19 Mcf  × $ 10.45 =       $199

────────────────────────────────────────────────────
Month total                                     $199

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/127685 is the state's own key, not one this site invented.