TEXON ROYALTY CO.

Operated by APACHE CORPORATION (P-5 27200) in the STRATTON (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 134874District 04Field 86508170GasSaveExport
Value, all time
$763 k
Jan 1993 – Oct 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
226
no gaps in the span
Streams
1
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 856 leases and 917 wells, and the rule below applies to all of them.

Discovered
1990-07-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2000-01-11.

The Commission's schedule remark for this field reads: WITH A DIAG. OF 1500 FEET.

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
GasProduction368,066 Mcf$763,468
Total$763,468

181,882 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 27.6843, -97.9177. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.68427, -97.91770 · 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
6,458 ft
1 wells filed one
Completion to plug
21.4 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 6,458 ft.

Completions filed
May 1990
1 of 1 wells
Plug dates filed
Oct 2011
1 of 1 wells

Last completion to plug: a median of 21.4 years across the 1 well that filed both dates, with the middle half between 21.4 years and 21.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-35505346F 86,458 ftMay 1990Oct 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 (226)

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

226 months

Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009135.865.37$5
Dec 2008337.105.98$18
Nov 2008255.496.86$14
Oct 2008875.246.92$55
Sep 200811101.767.88$87
Aug 200816114.228.48$136
Jul 200817131.0811.39$194
Jun 200817131.3313.03$222
May 200814123.1711.57$162
Apr 200816110.3110.45$167
Mar 200814101.909.66$135
Feb 20084692.538.77$403
Jan 20081390.388.21$107
Dec 20071388.337.30$95
Nov 20072191.677.29$153
Oct 20073482.856.92$235
Sep 20072975.846.24$181
Aug 20073269.066.39$204
Jul 20074670.906.39$294
Jun 20074862.007.55$362
May 20079758.747.85$761
Apr 20075759.617.81$445
Mar 20077556.927.30$548
Feb 200710155.108.22$830
Jan 200716650.306.73$1,117
Dec 200621256.656.92$1,467
Nov 200628554.207.62$2,171
Oct 200641854.906.01$2,514
Sep 200646760.085.04$2,352
Aug 200655568.717.34$4,074
Jul 200672669.376.34$4,605
Jun 200687266.286.38$5,567
May 20061,17866.016.42$7,569
Apr 20062,00264.397.36$14,736
Mar 200685456.707.08$6,049
Feb 200691257.597.75$7,069
Jan 20061,00760.598.93$8,996
Dec 20051,02354.9413.42$13,724
Nov 200598954.6910.59$10,472
Oct 20051,10958.3413.80$15,300
Sep 20051,03161.4512.08$12,453
Aug 20051,07661.519.80$10,541
Jul 20051,07655.697.84$8,440
Jun 20051,07052.337.38$7,898
May 20051,09345.226.65$7,270
Apr 20051,03249.207.36$7,596
Mar 20051,09350.377.15$7,820
Feb 200598445.226.31$6,211
Jan 20051,06243.166.32$6,714
Dec 20041,10539.866.75$7,460
Nov 20041,09245.286.33$6,913
Oct 20041,14549.706.52$7,460
Sep 20041,09043.245.28$5,759
Aug 20041,05942.375.55$5,878
Jul 20041,08938.286.08$6,626
Jun 20041,08736.106.43$6,993
May 20041,11637.486.49$7,248
Apr 20041,08934.475.86$6,380
Mar 20041,20034.365.53$6,636
Feb 20041,13432.455.51$6,248
Jan 20041,24632.036.30$7,849
Dec 20031,25430.266.30$7,902
Nov 20031,22028.804.60$5,606
Oct 20031,26728.174.76$6,030
Sep 20031,26826.314.75$6,022
Aug 20031,30529.765.13$6,694
Jul 20031,32129.415.17$6,831
Jun 20031,28628.565.98$7,694
May 20031,32326.595.97$7,902
Apr 20031,29926.675.41$7,024
Mar 20031,29131.146.10$7,870
Feb 20031,21033.487.93$9,590
Jan 20031,32730.315.58$7,407
Dec 20021,42226.914.85$6,902
Nov 20021,40824.664.14$5,825
Oct 20021,30626.464.23$5,523
Sep 20021,40327.443.64$5,100
Aug 20021,42525.963.16$4,509
Jul 20021,40724.583.06$4,308
Jun 20021,32623.733.34$4,427
May 20021,45024.663.58$5,197
Apr 20021,88423.653.51$6,617
Mar 20021,41422.003.10$4,387
Feb 20021,34818.222.38$3,202
Jan 20021,50417.172.38$3,573
Dec 20011,46516.932.36$3,464
Nov 20011,41318.072.41$3,399
Oct 20011,72319.782.53$4,357
Sep 20011,57224.262.25$3,539
Aug 20011,62624.873.05$4,964
Jul 20011,58223.933.20$5,058
Jun 20011,54924.563.82$5,924
May 20011,63125.524.31$7,025
Apr 20011,59824.685.34$8,526
Mar 20011,56424.545.38$8,409
Feb 20011,45127.755.77$8,368
Jan 20011,57327.478.40$13,211
Dec 20001,59626.889.12$14,560
Nov 20001,55132.215.66$8,776
Oct 20001,60731.235.15$8,269
Sep 20001,61931.875.19$8,397
Aug 20001,69729.644.54$7,706
Jul 20001,67728.534.09$6,859
Jun 20001,70629.304.40$7,502
May 20001,72427.263.68$6,344
Apr 20001,44824.513.12$4,512
Mar 20001,63428.422.86$4,673
Feb 20001,47327.622.73$4,016
Jan 20001,56325.272.48$3,877
Dec 19991,71724.282.42$4,162
Nov 19991,64823.192.43$4,011
Oct 19991,85520.982.80$5,201
Sep 19991,82921.752.62$4,790
Aug 19991,74419.262.88$5,015
Jul 19991,88517.892.37$4,472
Jun 19991,89915.942.36$4,486
May 19991,97115.792.32$4,575
Apr 19991,95415.102.21$4,315
Mar 19992,01412.471.84$3,702
Feb 19991,8459.981.82$3,354
Jan 19992,04010.381.90$3,876
Dec 19982,0859.201.77$3,697
Nov 19982,06110.892.19$4,505
Oct 19982,13712.421.97$4,208
Sep 19982,08012.592.08$4,332
Aug 19982,18511.301.91$4,168
Jul 19982,07811.742.24$4,649
Jun 19982,19911.242.24$4,920
May 19982,38412.622.21$5,260
Apr 19982,36513.042.51$5,925
Mar 19982,42712.802.31$5,605
Feb 19982,24213.952.30$5,155
Jan 19982,53414.702.15$5,460
Dec 19972,59116.322.41$6,247
Nov 19972,03118.193.09$6,272
Oct 19972,11819.253.15$6,671
Sep 19972,19917.742.95$6,498
Aug 19972,35717.862.55$6,022
Jul 19972,41017.582.25$5,415
Jun 19972,43817.242.26$5,503
May 19972,78318.972.31$6,425
Apr 19972,61617.882.08$5,449
Mar 19972,82618.951.94$5,480
Feb 19972,63520.492.21$5,813
Jan 19972,81723.483.54$9,971
Dec 19962,89423.32$0
Nov 19962,87121.97$0
Oct 19962,96223.31$0
Sep 19962,85422.22$0
Aug 19963,10020.26$0
Jul 19963,11319.55$0
Jun 19962,93118.73$0
May 19963,21819.43$0
Apr 19963,20721.51$0
Mar 19963,23319.38$0
Feb 19963,04016.98$0
Jan 19963,31417.07$0
Dec 19953,40617.19$0
Nov 19953,21216.00$0
Oct 19953,44515.43$0
Sep 19953,25716.18$0
Aug 19953,42215.92$0
Jul 19953,49915.24$0
Jun 19953,47816.41$0
May 19953,36017.56$0
Apr 19953,24417.73$0
Mar 19953,48416.44$0
Feb 19953,14016.58$0
Jan 19953,28815.92$0
Dec 19943,75015.03$0
Nov 19943,25315.90$0
Oct 19943,22615.58$0
Sep 19943,81515.29$0
Aug 19943,98916.13$0
Jul 19944,10217.56$0
Jun 19943,94117.09$0
May 19944,24215.88$0
Apr 19944,24814.14$0
Mar 19944,22412.46$0
Feb 19943,81912.50$0
Jan 19944,39112.66$0
Dec 19934,36412.33$0
Nov 19934,55814.49$0
Oct 19934,80215.85$0
Sep 19934,91915.03$0
Aug 19935,12815.66$0
Jul 19935,41415.46$0
Jun 19934,35616.79$0
May 19934,42117.68$0
Apr 19934,94218.05$0
Mar 19935,01818.14$0
Feb 19935,04317.90$0
Jan 19934,94516.93$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 2009 — as filed, then multipliedworked
Gas                    1 Mcf  × $  5.37 =         $5

────────────────────────────────────────────────────
Month total                                       $5

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/134874 is the state's own key, not one this site invented.