D.C.R.C.

Operated by AXIO PRODUCTION COMPANY, L.P. (P-5 39141) in the PETROX (WILCOX SAND 5) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 144348District 04Field 709436552 tax incentive programmesCondensateGasSaveExport
Value, all time
$138 k
Jan 1993 – Jun 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
150
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1990-05-18
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: PETROX (LOWER WILCOX CONS.) EFF 5-1-05

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
High Cost Gas111993-05-27127371
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
CondensateDisposition7,385 bbl$127,912
GasProduction386,342 Mcf$9,754
Total$137,666

382,343 Mcf of this lease's gas, across 47 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 27.9673, -98.6071. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.96732, -98.60706 · 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
0.0%
0 of 1 wells
Median depth
10,100 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 10,100 ft.

Completions filed
Nov 2004
1 of 1 wells

1 well

42-131376452207-T10,100 ftNov 2004Yes

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 (150)

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

150 months

Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
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 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 199906419.262.88$184
Jul 19990017.892.37$0
Jun 199903615.942.36$85
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 199901810.381.90$34
Dec 199801079.201.77$190
Nov 1998017010.892.19$372
Oct 1998022112.421.97$435
Sep 1998021212.592.08$442
Aug 1998020111.301.91$383
Jul 1998024711.742.24$553
Jun 1998025611.242.24$573
May 1998014512.622.21$320
Apr 1998023113.042.51$579
Mar 1998123112.802.31$546
Feb 1998114813.952.30$354
Jan 1998119814.702.15$441
Dec 1997116716.322.41$419
Nov 1997020418.193.09$630
Oct 1997021719.253.15$684
Sep 1997014717.742.95$434
Aug 199713717.862.55$112
Jul 1997013917.582.25$312
Jun 19970217.242.26$5
May 199719018.972.31$227
Apr 19970617.882.08$13
Mar 19971718.951.94$33
Feb 1997419020.492.21$501
Jan 1997530823.483.54$1,208
Dec 1996359423.32$70
Nov 1996110521.97$22
Oct 1996113023.31$23
Sep 199626722.22$44
Aug 1996827020.26$162
Jul 19961818419.55$352
Jun 19961521418.73$281
May 199669819.43$117
Apr 19965621.51$108
Mar 199656519.38$97
Feb 199667916.98$102
Jan 199612517.07$17
Dec 1995021617.19$0
Nov 199504216.00$0
Oct 199501715.43$0
Sep 199504416.18$0
Aug 199503815.92$0
Jul 1995020315.24$0
Jun 1995021816.41$0
May 1995040117.56$0
Apr 1995038317.73$0
Mar 1995644616.44$99
Feb 199591,45516.58$149
Jan 199511,32915.92$16
Dec 1994171015.03$15
Nov 1994030615.90$0
Oct 199403315.58$0
Sep 1994020515.29$0
Aug 1994038616.13$0
Jul 199408817.56$0
Jun 1994010717.09$0
May 19941718115.88$270
Apr 1994641,66414.14$905
Mar 1994705,93912.46$872
Feb 1994477,05612.50$588
Jan 19941210,25512.66$152
Dec 19931010,59012.33$123
Nov 19931011,80414.49$145
Oct 19931113,85415.85$174
Sep 19935614,89415.03$842
Aug 199325720,82215.66$4,025
Jul 199381528,35815.46$12,600
Jun 199383934,71316.79$14,087
May 19931,18547,03117.68$20,951
Apr 19931,51058,19018.05$27,256
Mar 19931,54560,00218.14$28,026
Feb 199383348,52617.90$14,911
Jan 19930016.93$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.

Aug 1999 — as filed, then multipliedworked
Condensate             0 bbl  × $ 19.26 =         $0
Gas                   64 Mcf  × $  2.88 =       $184

────────────────────────────────────────────────────
Month total                                     $184

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/144348 is the state's own key, not one this site invented.