GARZA, LAURO

Operated by DYNAMIC PRODUCTION, INC. (P-5 237926) 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 137319District 04Field 39818175CondensateGasSaveExport
Value, all time
$1.2 M
Jan 1993 – May 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
209
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.

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
CondensateDisposition871 bbl$69,975
GasProduction1,951,205 Mcf$1,151,289
Total$1,221,264

1,606,984 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 27.0316, -99.0290. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.03161, -99.02905 · 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
11,640 ft
1 wells filed one
Completion to plug
5.3 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 11,640 ft.

Completions filed
Feb 2005
1 of 1 wells
Plug dates filed
May 2010
1 of 1 wells

Last completion to plug: a median of 5.3 years across the 1 well that filed both dates, with the middle half between 5.3 years and 5.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-50532708111,640 ftFeb 2005May 2010Yes

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 (209)

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

209 months

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 200813018555.496.86$8,483
Oct 2008046675.246.92$3,226
Sep 200828484101.767.88$6,662
Aug 20080575114.228.48$4,878
Jul 20080276131.0811.39$3,143
Jun 2008128236131.3313.03$19,886
May 20080296123.1711.57$3,426
Apr 200829380110.3110.45$7,172
Mar 200833431101.909.66$7,528
Feb 2008044692.538.77$3,912
Jan 2008047590.388.21$3,898
Dec 200733833688.337.30$32,309
Nov 20071448491.677.29$4,813
Oct 2007046782.856.92$3,233
Sep 2007032875.846.24$2,048
Aug 2007059969.066.39$3,826
Jul 2007046070.906.39$2,938
Jun 2007028062.007.55$2,114
May 2007076858.747.85$6,026
Apr 2007085059.617.81$6,634
Mar 2007090356.927.30$6,594
Feb 2007088455.108.22$7,263
Jan 2007069750.306.73$4,689
Dec 2006232156.656.92$2,334
Nov 2006048354.207.62$3,679
Oct 2006061054.906.01$3,668
Sep 2006069660.085.04$3,506
Aug 2006080068.717.34$5,872
Jul 2006027269.376.34$1,725
Jun 2006037566.286.38$2,394
May 2006040466.016.42$2,596
Apr 2006067064.397.36$4,932
Mar 2006074556.707.08$5,277
Feb 2006866657.597.75$5,623
Jan 200681,37360.598.93$12,750
Dec 200501,34754.9413.42$18,071
Nov 2005039354.6910.59$4,161
Oct 2005078758.3413.80$10,857
Sep 2005068861.4512.08$8,310
Aug 2005056361.519.80$5,516
Jul 2005053455.697.84$4,189
Jun 2005076552.337.38$5,647
May 200501,21345.226.65$8,068
Apr 200501,90149.207.36$13,992
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 200401938.286.08$116
Jun 2004012536.106.43$804
May 20043459737.486.49$5,152
Apr 20043448534.475.86$4,013
Mar 2004685834.365.53$4,951
Feb 200401,12332.455.51$6,187
Jan 2004081232.036.30$5,115
Dec 200301,20230.266.30$7,575
Nov 200301,28128.804.60$5,886
Oct 200301,16428.174.76$5,540
Sep 200301,26326.314.75$5,998
Aug 200301,46729.765.13$7,525
Jul 200301,27729.415.17$6,603
Jun 2003141,01828.565.98$6,490
May 200301,13026.595.97$6,749
Apr 200301,13026.675.41$6,110
Mar 200301,36431.146.10$8,315
Feb 200301,21633.487.93$9,638
Jan 200301,64330.315.58$9,171
Dec 200201,39126.914.85$6,752
Nov 200201,48824.664.14$6,156
Oct 200201,99926.464.23$8,454
Sep 200201,83727.443.64$6,678
Aug 200202,04225.963.16$6,461
Jul 200201,77124.583.06$5,422
Jun 200201,00023.733.34$3,338
May 200201,78424.663.58$6,394
Apr 200201,25723.653.51$4,415
Mar 200201,08222.003.10$3,357
Feb 2002041918.222.38$995
Jan 200201,12817.172.38$2,680
Dec 2001069716.932.36$1,648
Nov 2001223418.072.41$599
Oct 2001031419.782.53$794
Sep 2001233224.262.25$796
Aug 2001233224.873.05$1,063
Jul 200102,05323.933.20$6,564
Jun 200102,28524.563.82$8,738
May 200101,65825.524.31$7,142
Apr 200101,48824.685.34$7,939
Mar 200141,76124.545.38$9,566
Feb 200101,93427.755.77$11,154
Jan 2001083227.478.40$6,988
Dec 200002,05526.889.12$18,747
Nov 200001,50832.215.66$8,532
Oct 200001,55131.235.15$7,981
Sep 200001,80731.875.19$9,372
Aug 200002,75529.644.54$12,510
Jul 200022,37928.534.09$9,787
Jun 200002,58529.304.40$11,367
May 200002,64427.263.68$9,729
Apr 200002,11524.513.12$6,590
Mar 200003,02928.422.86$8,662
Feb 200002,28527.622.73$6,230
Jan 200002,96525.272.48$7,355
Dec 199905,96924.282.42$14,467
Nov 199903,38023.192.43$8,227
Oct 199901,65520.982.80$4,640
Sep 199901,31321.752.62$3,439
Aug 199903,18319.262.88$9,153
Jul 199901,23717.892.37$2,935
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 1999088415.102.21$1,952
Mar 199903,07512.471.84$5,653
Feb 199903,9329.981.82$7,148
Jan 199903,88810.381.90$7,387
Dec 199805,3759.201.77$9,532
Nov 199804,11010.892.19$8,983
Oct 199805,20812.421.97$10,256
Sep 199825,77312.592.08$12,048
Aug 199806,38811.301.91$12,184
Jul 1998010,41711.742.24$23,306
Jun 199809,20211.242.24$20,587
May 199808,12112.622.21$17,918
Apr 199808,85713.042.51$22,190
Mar 1998010,62212.802.31$24,531
Feb 199828,49113.952.30$19,550
Jan 1998111,10914.702.15$23,952
Dec 1997112,14816.322.41$29,306
Nov 1997010,84218.193.09$33,483
Oct 1997012,23819.253.15$38,548
Sep 1997013,19417.742.95$38,987
Aug 1997013,34017.862.55$34,080
Jul 1997013,20517.582.25$29,671
Jun 1997011,93217.242.26$26,933
May 199725,99318.972.31$13,873
Apr 199715,98117.882.08$12,475
Mar 199796,37018.951.94$12,523
Feb 199751,68420.492.21$3,817
Jan 1997110,22323.483.54$36,210
Dec 1996012,80423.32$0
Nov 1996912,60221.97$198
Oct 1996114,85623.31$23
Sep 1996216,59922.22$44
Aug 1996014,03520.26$0
Jul 1996016,26219.55$0
Jun 1996015,35418.73$0
May 1996118,99819.43$19
Apr 1996218,64421.51$43
Mar 1996221,36219.38$39
Feb 1996219,99216.98$34
Jan 1996122,00617.07$17
Dec 1995025,84817.19$0
Nov 1995125,93816.00$16
Oct 1995026,58415.43$0
Sep 1995027,31016.18$0
Aug 1995127,85715.92$16
Jul 1995226,65115.24$30
Jun 1995127,00316.41$16
May 1995030,13717.56$0
Apr 1995131,53517.73$18
Mar 1995132,18716.44$16
Feb 1995033,71516.58$0
Jan 1995135,24415.92$16
Dec 1994039,28315.03$0
Nov 1994040,17015.90$0
Oct 1994040,64615.58$0
Sep 1994042,07715.29$0
Aug 1994043,02116.13$0
Jul 1994138,41217.56$18
Jun 1994041,03917.09$0
May 1994044,13515.88$0
Apr 1994029,01414.14$0
Mar 1994031,63512.46$0
Feb 1994027,37012.50$0
Jan 1994035,53312.66$0
Dec 1993039,31612.33$0
Nov 1993041,04714.49$0
Oct 1993039,98815.85$0
Sep 1993038,97215.03$0
Aug 1993044,05115.66$0
Jul 1993046,27015.46$0
Jun 1993046,16616.79$0
May 1993053,98817.68$0
Apr 1993053,83818.05$0
Mar 1993056,94718.14$0
Feb 1993052,61317.90$0
Jan 1993087,93016.93$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.

Nov 2008 — as filed, then multipliedworked
Condensate           130 bbl  × $ 55.49 =     $7,214
Gas                  185 Mcf  × $  6.86 =     $1,269

────────────────────────────────────────────────────
Month total                                   $8,483

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/137319 is the state's own key, not one this site invented.