LOMA VIEJA

Operated by ENERGY DEVELOPMENT CORP. (P-5 251955) in the MARTINEZ (HINNANT 1ST, UPPER field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 138915District 04Field 57795180CondensateGasSaveExport
Value, all time
$48 k
Jan 1993 – Aug 1996
Value, last 12 filed months
$0
at the published price for each month
Months reported
44
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1974-12-23
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: TO FILE MOST CURRENT TEST OR TEST FILED ON PREVIOUS SURVEY.

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
CondensateDisposition3,054 bbl$48,032
GasProduction915,614 Mcf$0
Total$48,032

915,614 Mcf of this lease's gas, across 26 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 27.1355, -98.9505. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.13548, -98.95051 · 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
14,491 ft
1 wells filed one
Completion to plug
5.2 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 14,491 ft.

Completions filed
Jun 1991
1 of 1 wells
Plug dates filed
Aug 1996
1 of 1 wells

Last completion to plug: a median of 5.2 years across the 1 well that filed both dates, with the middle half between 5.2 years and 5.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-24731931214,491 ftJun 1991Aug 1996Yes

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 (44)

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

44 months

Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 199524017.73$426
Mar 1995035216.44$0
Feb 19950016.58$0
Jan 1995022615.92$0
Dec 199419051215.03$2,856
Nov 199401,56415.90$0
Oct 1994013,03515.58$0
Sep 199418617,11215.29$2,844
Aug 1994022,70016.13$0
Jul 1994027,76017.56$0
Jun 199418934,65917.09$3,230
May 1994031,74715.88$0
Apr 199418838,05614.14$2,658
Mar 1994431,13012.46$50
Feb 199418029,37112.50$2,250
Jan 199418735,84212.66$2,367
Dec 1993336,04912.33$37
Nov 199318543,35514.49$2,681
Oct 199318348,48815.85$2,901
Sep 199318934,10915.03$2,841
Aug 199318847,11715.66$2,944
Jul 199318748,42515.46$2,891
Jun 199318945,15516.79$3,173
May 1993149,83417.68$18
Apr 199320049,13018.05$3,610
Mar 199319748,28518.14$3,574
Feb 199318770,80917.90$3,347
Jan 1993197110,79216.93$3,335

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 1995 — as filed, then multipliedworked
Condensate            24 bbl  × $ 17.73 =       $426
Gas                    0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                     $426

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/138915 is the state's own key, not one this site invented.