FROST NATIONAL BANK

Name: FROST NATIONAL BANK lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the VILLEGAS (MIDDLE WILCOX 7950) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 128578District 04Field 93845600NGPA filingCondensateGasSave Export

Value, all time

$200 k

Jan 1993 – Jun 2004

Value, last 12 filed months

at the published price for each month

Months reported

138

no gaps in the span

Streams

condensate, gas

The VILLEGAS (MIDDLE WILCOX 7950) 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 50 leases and 50 wells, and the rule below applies to all of them.

Discovered

1983-03-01

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1984-06-04.

The Commission's schedule remark for this field reads: “ALLOC. FORM. SUSP. ADMIN. EFF 8-1-93.”

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	4,148 bbl	$71,848
Gas	Production	141,353 Mcf	$128,095
Total			$199,944

91,597 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 27.5083, -99.0976. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.50828, -99.09763 · 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

8,500 ft

1 wells filed one

Completion to plug

15.4 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 8,500 ft.

Completions filed

Sep 1988

1 of 1 wells

Plug dates filed

Feb 2004

1 of 1 wells

Last completion to plug: a median of 15.4 years across the 1 well that filed both dates, with the middle half between 15.4 years and 15.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47934722	32	8,500 ft	Sep 1988	Feb 2004	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 (138)

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

138 months


Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	6	0	26.67	5.41	$160
Mar 2003	64	0	31.14	6.10	$1,993
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	2	0	24.66	3.58	$49
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	1	0	22.00	3.10	$22
Feb 2002	1	0	18.22	2.38	$18
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	23	16.93	2.36	$54
Nov 2001	0	34	18.07	2.41	$82
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	98	24.87	3.05	$299
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	74	24.56	3.82	$283
May 2001	0	99	25.52	4.31	$426
Apr 2001	0	90	24.68	5.34	$480
Mar 2001	0	358	24.54	5.38	$1,925
Feb 2001	0	49	27.75	5.77	$283
Jan 2001	0	65	27.47	8.40	$546
Dec 2000	0	67	26.88	9.12	$611
Nov 2000	2	104	32.21	5.66	$653
Oct 2000	0	239	31.23	5.15	$1,230
Sep 2000	0	148	31.87	5.19	$768
Aug 2000	0	551	29.64	4.54	$2,502
Jul 2000	0	516	28.53	4.09	$2,110
Jun 2000	0	515	29.30	4.40	$2,265
May 2000	0	538	27.26	3.68	$1,980
Apr 2000	0	208	24.51	3.12	$648
Mar 2000	0	640	28.42	2.86	$1,830
Feb 2000	0	587	27.62	2.73	$1,600
Jan 2000	0	802	25.27	2.48	$1,989
Dec 1999	0	618	24.28	2.42	$1,498
Nov 1999	0	818	23.19	2.43	$1,991
Oct 1999	1	1,005	20.98	2.80	$2,839
Sep 1999	0	935	21.75	2.62	$2,449
Aug 1999	1	932	19.26	2.88	$2,699
Jul 1999	0	42	17.89	2.37	$100
Jun 1999	0	160	15.94	2.36	$378
May 1999	0	524	15.79	2.32	$1,216
Apr 1999	0	1,124	15.10	2.21	$2,482
Mar 1999	0	1,758	12.47	1.84	$3,232
Feb 1999	0	1,375	9.98	1.82	$2,499
Jan 1999	1	392	10.38	1.90	$755
Dec 1998	3	717	9.20	1.77	$1,299
Nov 1998	0	544	10.89	2.19	$1,189
Oct 1998	0	940	12.42	1.97	$1,851
Sep 1998	0	191	12.59	2.08	$398
Aug 1998	0	1,069	11.30	1.91	$2,039
Jul 1998	0	652	11.74	2.24	$1,459
Jun 1998	0	616	11.24	2.24	$1,378
May 1998	0	540	12.62	2.21	$1,191
Apr 1998	0	854	13.04	2.51	$2,140
Mar 1998	0	882	12.80	2.31	$2,037
Feb 1998	0	858	13.95	2.30	$1,973
Jan 1998	146	1,265	14.70	2.15	$4,872
Dec 1997	2	921	16.32	2.41	$2,253
Nov 1997	0	2,248	18.19	3.09	$6,942
Oct 1997	0	2,319	19.25	3.15	$7,304
Sep 1997	148	1,449	17.74	2.95	$6,907
Aug 1997	0	2,328	17.86	2.55	$5,947
Jul 1997	130	2,402	17.58	2.25	$7,683
Jun 1997	0	2,282	17.24	2.26	$5,151
May 1997	0	1,774	18.97	2.31	$4,095
Apr 1997	135	2,538	17.88	2.08	$7,700
Mar 1997	159	2,576	18.95	1.94	$8,008
Feb 1997	1	2,246	20.49	2.21	$4,975
Jan 1997	139	2,057	23.48	3.54	$10,545
Dec 1996	0	2,129	23.32	—	$0
Nov 1996	135	1,912	21.97	—	$2,966
Oct 1996	1	1,046	23.31	—	$23
Sep 1996	0	343	22.22	—	$0
Aug 1996	0	829	20.26	—	$0
Jul 1996	122	620	19.55	—	$2,385
Jun 1996	1	1,049	18.73	—	$19
May 1996	155	1,884	19.43	—	$3,012
Apr 1996	162	968	21.51	—	$3,485
Mar 1996	0	913	19.38	—	$0
Feb 1996	0	402	16.98	—	$0
Jan 1996	3	971	17.07	—	$51
Dec 1995	0	513	17.19	—	$0
Nov 1995	0	207	16.00	—	$0
Oct 1995	0	464	15.43	—	$0
Sep 1995	0	597	16.18	—	$0
Aug 1995	0	1,262	15.92	—	$0
Jul 1995	1	533	15.24	—	$15
Jun 1995	0	1,163	16.41	—	$0
May 1995	2	3,034	17.56	—	$35
Apr 1995	1	1,864	17.73	—	$18
Mar 1995	1	1,119	16.44	—	$16
Feb 1995	118	2,065	16.58	—	$1,956
Jan 1995	152	3,332	15.92	—	$2,420
Dec 1994	1	3,256	15.03	—	$15
Nov 1994	161	1,590	15.90	—	$2,560
Oct 1994	0	1,668	15.58	—	$0
Sep 1994	137	1,617	15.29	—	$2,095
Aug 1994	0	1,385	16.13	—	$0
Jul 1994	0	1,021	17.56	—	$0
Jun 1994	57	1,127	17.09	—	$974
May 1994	141	2,863	15.88	—	$2,239
Apr 1994	142	2,825	14.14	—	$2,008
Mar 1994	1	1,943	12.46	—	$12
Feb 1994	163	2,113	12.50	—	$2,038
Jan 1994	1	2,909	12.66	—	$13
Dec 1993	159	2,728	12.33	—	$1,960
Nov 1993	136	1,811	14.49	—	$1,971
Oct 1993	0	2,618	15.85	—	$0
Sep 1993	157	2,168	15.03	—	$2,360
Aug 1993	149	3,233	15.66	—	$2,333
Jul 1993	0	2,819	15.46	—	$0
Jun 1993	144	3,778	16.79	—	$2,418
May 1993	162	3,943	17.68	—	$2,864
Apr 1993	166	4,394	18.05	—	$2,996
Mar 1993	165	3,564	18.14	—	$2,993
Feb 1993	169	3,318	17.90	—	$3,025
Jan 1993	141	3,687	16.93	—	$2,387

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 2003 — as filed, then multipliedworked

Condensate             6 bbl  × $ 26.67 =       $160
Gas                    0 Mcf  × $  5.41 =         $0

────────────────────────────────────────────────────
Month total                                     $160

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/128578 is the state's own key, not one this site invented.