MATRIX LAND CO.

Name: MATRIX LAND CO. lease production and value, Feb 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KAISER-FRANCIS OIL COMPANY (P-5 450175) in the OWEN (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 144713District 04Field 67885400GasSave Export

Value, all time

$444 k

Feb 1993 – Feb 2009

Value, last 12 filed months

$19 k

at the published price for each month

Months reported

193

no gaps in the span

Streams

gas

The OWEN (OLMOS) 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 811 leases and 811 wells, and the rule below applies to all of them.

Discovered

1971-11-11

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 40 acres. The field rule took effect on 2015-03-24.

The Commission's schedule remark for this field reads: “LATERALS. EFFECTIVE 3/24/15;”

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
Gas	Production	205,905 Mcf	$444,158
Total			$444,158

96,820 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 27.9395, -99.4824. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.93954, -99.48242 · 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

7,792 ft

1 wells filed one

Completion to plug

16.0 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 7,792 ft.

Completions filed

Feb 1993

1 of 1 wells

Plug dates filed

Feb 2009

1 of 1 wells

Last completion to plug: a median of 16.0 years across the 1 well that filed both dates, with the middle half between 16.0 years and 16.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47931475	9	7,792 ft	Feb 1993	Feb 2009	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 (193)

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

193 months


Feb 2009	99	32.81	4.63	$459
Jan 2009	181	35.86	5.37	$972
Dec 2008	189	37.10	5.98	$1,130
Nov 2008	185	55.49	6.86	$1,269
Oct 2008	260	75.24	6.92	$1,800
Sep 2008	211	101.76	7.88	$1,662
Aug 2008	297	114.22	8.48	$2,519
Jul 2008	159	131.08	11.39	$1,811
Jun 2008	148	131.33	13.03	$1,929
May 2008	159	123.17	11.57	$1,840
Apr 2008	159	110.31	10.45	$1,662
Mar 2008	161	101.90	9.66	$1,556
Feb 2008	151	92.53	8.77	$1,324
Jan 2008	173	90.38	8.21	$1,420
Dec 2007	157	88.33	7.30	$1,146
Nov 2007	159	91.67	7.29	$1,159
Oct 2007	171	82.85	6.92	$1,184
Sep 2007	176	75.84	6.24	$1,099
Aug 2007	194	69.06	6.39	$1,239
Jul 2007	177	70.90	6.39	$1,131
Jun 2007	164	62.00	7.55	$1,238
May 2007	175	58.74	7.85	$1,373
Apr 2007	167	59.61	7.81	$1,303
Mar 2007	187	56.92	7.30	$1,365
Feb 2007	174	55.10	8.22	$1,430
Jan 2007	207	50.30	6.73	$1,392
Dec 2006	232	56.65	6.92	$1,605
Nov 2006	251	54.20	7.62	$1,912
Oct 2006	257	54.90	6.01	$1,546
Sep 2006	269	60.08	5.04	$1,355
Aug 2006	291	68.71	7.34	$2,136
Jul 2006	277	69.37	6.34	$1,757
Jun 2006	227	66.28	6.38	$1,449
May 2006	290	66.01	6.42	$1,863
Apr 2006	295	64.39	7.36	$2,171
Mar 2006	343	56.70	7.08	$2,429
Feb 2006	309	57.59	7.75	$2,395
Jan 2006	357	60.59	8.93	$3,189
Dec 2005	368	54.94	13.42	$4,937
Nov 2005	319	54.69	10.59	$3,378
Oct 2005	294	58.34	13.80	$4,056
Sep 2005	306	61.45	12.08	$3,696
Aug 2005	363	61.51	9.80	$3,556
Jul 2005	295	55.69	7.84	$2,314
Jun 2005	224	52.33	7.38	$1,653
May 2005	226	45.22	6.65	$1,503
Apr 2005	706	49.20	7.36	$5,197
Mar 2005	335	50.37	7.15	$2,397
Feb 2005	228	45.22	6.31	$1,439
Jan 2005	231	43.16	6.32	$1,460
Dec 2004	236	39.86	6.75	$1,593
Nov 2004	258	45.28	6.33	$1,633
Oct 2004	276	49.70	6.52	$1,798
Sep 2004	337	43.24	5.28	$1,781
Aug 2004	361	42.37	5.55	$2,004
Jul 2004	446	38.28	6.08	$2,714
Jun 2004	403	36.10	6.43	$2,593
May 2004	474	37.48	6.49	$3,078
Apr 2004	494	34.47	5.86	$2,894
Mar 2004	554	34.36	5.53	$3,064
Feb 2004	647	32.45	5.51	$3,565
Jan 2004	656	32.03	6.30	$4,133
Dec 2003	2,741	30.26	6.30	$17,273
Nov 2003	2,686	28.80	4.60	$12,343
Oct 2003	865	28.17	4.76	$4,117
Sep 2003	921	26.31	4.75	$4,374
Aug 2003	1,131	29.76	5.13	$5,802
Jul 2003	422	29.41	5.17	$2,182
Jun 2003	511	28.56	5.98	$3,057
May 2003	619	26.59	5.97	$3,697
Apr 2003	609	26.67	5.41	$3,293
Mar 2003	758	31.14	6.10	$4,621
Feb 2003	664	33.48	7.93	$5,263
Jan 2003	921	30.31	5.58	$5,141
Dec 2002	1,032	26.91	4.85	$5,009
Nov 2002	1,008	24.66	4.14	$4,170
Oct 2002	1,052	26.46	4.23	$4,449
Sep 2002	963	27.44	3.64	$3,501
Aug 2002	1,064	25.96	3.16	$3,367
Jul 2002	1,012	24.58	3.06	$3,099
Jun 2002	1,011	23.73	3.34	$3,375
May 2002	1,004	24.66	3.58	$3,598
Apr 2002	877	23.65	3.51	$3,080
Mar 2002	1,046	22.00	3.10	$3,245
Feb 2002	930	18.22	2.38	$2,209
Jan 2002	1,055	17.17	2.38	$2,506
Dec 2001	964	16.93	2.36	$2,279
Nov 2001	1,084	18.07	2.41	$2,608
Oct 2001	1,063	19.78	2.53	$2,688
Sep 2001	967	24.26	2.25	$2,177
Aug 2001	1,005	24.87	3.05	$3,068
Jul 2001	1,002	23.93	3.20	$3,203
Jun 2001	930	24.56	3.82	$3,556
May 2001	910	25.52	4.31	$3,920
Apr 2001	814	24.68	5.34	$4,343
Mar 2001	916	24.54	5.38	$4,925
Feb 2001	1,005	27.75	5.77	$5,796
Jan 2001	1,095	27.47	8.40	$9,197
Dec 2000	1,074	26.88	9.12	$9,798
Nov 2000	1,029	32.21	5.66	$5,822
Oct 2000	1,116	31.23	5.15	$5,742
Sep 2000	1,109	31.87	5.19	$5,752
Aug 2000	1,167	29.64	4.54	$5,299
Jul 2000	1,189	28.53	4.09	$4,863
Jun 2000	1,035	29.30	4.40	$4,551
May 2000	958	27.26	3.68	$3,525
Apr 2000	941	24.51	3.12	$2,932
Mar 2000	1,014	28.42	2.86	$2,900
Feb 2000	893	27.62	2.73	$2,435
Jan 2000	958	25.27	2.48	$2,376
Dec 1999	1,027	24.28	2.42	$2,489
Nov 1999	1,026	23.19	2.43	$2,497
Oct 1999	878	20.98	2.80	$2,462
Sep 1999	1,057	21.75	2.62	$2,768
Aug 1999	1,129	19.26	2.88	$3,247
Jul 1999	1,211	17.89	2.37	$2,873
Jun 1999	1,203	15.94	2.36	$2,842
May 1999	1,212	15.79	2.32	$2,813
Apr 1999	1,161	15.10	2.21	$2,564
Mar 1999	1,215	12.47	1.84	$2,234
Feb 1999	1,182	9.98	1.82	$2,149
Jan 1999	1,305	10.38	1.90	$2,479
Dec 1998	982	9.20	1.77	$1,741
Nov 1998	1,028	10.89	2.19	$2,247
Oct 1998	1,118	12.42	1.97	$2,202
Sep 1998	1,102	12.59	2.08	$2,295
Aug 1998	1,126	11.30	1.91	$2,148
Jul 1998	1,216	11.74	2.24	$2,721
Jun 1998	1,091	11.24	2.24	$2,441
May 1998	1,211	12.62	2.21	$2,672
Apr 1998	1,213	13.04	2.51	$3,039
Mar 1998	1,136	12.80	2.31	$2,624
Feb 1998	1,037	13.95	2.30	$2,384
Jan 1998	1,328	14.70	2.15	$2,862
Dec 1997	1,422	16.32	2.41	$3,429
Nov 1997	1,257	18.19	3.09	$3,882
Oct 1997	1,395	19.25	3.15	$4,394
Sep 1997	1,296	17.74	2.95	$3,830
Aug 1997	1,279	17.86	2.55	$3,268
Jul 1997	1,256	17.58	2.25	$2,822
Jun 1997	1,252	17.24	2.26	$2,826
May 1997	1,293	18.97	2.31	$2,985
Apr 1997	1,365	17.88	2.08	$2,843
Mar 1997	1,332	18.95	1.94	$2,583
Feb 1997	1,220	20.49	2.21	$2,691
Jan 1997	1,309	23.48	3.54	$4,633
Dec 1996	1,257	23.32	—	$0
Nov 1996	1,296	21.97	—	$0
Oct 1996	1,390	23.31	—	$0
Sep 1996	1,215	22.22	—	$0
Aug 1996	1,396	20.26	—	$0
Jul 1996	1,232	19.55	—	$0
Jun 1996	829	18.73	—	$0
May 1996	1,382	19.43	—	$0
Apr 1996	1,303	21.51	—	$0
Mar 1996	1,360	19.38	—	$0
Feb 1996	1,285	16.98	—	$0
Jan 1996	1,384	17.07	—	$0
Dec 1995	1,473	17.19	—	$0
Nov 1995	1,433	16.00	—	$0
Oct 1995	1,478	15.43	—	$0
Sep 1995	293	16.18	—	$0
Aug 1995	1,761	15.92	—	$0
Jul 1995	1,354	15.24	—	$0
Jun 1995	1,635	16.41	—	$0
May 1995	1,695	17.56	—	$0
Apr 1995	1,370	17.73	—	$0
Mar 1995	898	16.44	—	$0
Feb 1995	1,443	16.58	—	$0
Jan 1995	1,610	15.92	—	$0
Dec 1994	1,688	15.03	—	$0
Nov 1994	1,660	15.90	—	$0
Oct 1994	1,756	15.58	—	$0
Sep 1994	1,742	15.29	—	$0
Aug 1994	1,898	16.13	—	$0
Jul 1994	1,939	17.56	—	$0
Jun 1994	1,928	17.09	—	$0
May 1994	2,041	15.88	—	$0
Apr 1994	1,918	14.14	—	$0
Mar 1994	1,997	12.46	—	$0
Feb 1994	1,964	12.50	—	$0
Jan 1994	2,376	12.66	—	$0
Dec 1993	2,453	12.33	—	$0
Nov 1993	2,389	14.49	—	$0
Oct 1993	2,611	15.85	—	$0
Sep 1993	2,626	15.03	—	$0
Aug 1993	2,632	15.66	—	$0
Jul 1993	3,087	15.46	—	$0
Jun 1993	3,167	16.79	—	$0
May 1993	3,554	17.68	—	$0
Apr 1993	7,066	18.05	—	$0
Mar 1993	4,132	18.14	—	$0
Feb 1993	8,424	17.90	—	$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.

Feb 2009 — as filed, then multipliedworked

Gas                   99 Mcf  × $  4.63 =       $459

────────────────────────────────────────────────────
Month total                                     $459

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/144713 is the state's own key, not one this site invented.