FROST TRUST

Operated by MCRAE & HENRY, LTD (P-5 555883) in the SHOCKACON (WILCOX 6700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 149058District 04Field 83398475NGPA filingCondensateGasSaveExport
Value, all time
$1.4 M
Feb 1994 – Jul 2011
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
210
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1994-02-08
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: AOF-1 AND AOF-2 EFFECTIVE 08/01/97.

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
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
CondensateDisposition3,494 bbl$67,626
GasProduction914,385 Mcf$1,346,493
Total$1,414,119

563,619 Mcf of this lease's gas, across 35 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 27.6190, -98.9575. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.61897, -98.95747 · 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
7,012 ft
1 wells filed one
Completion to plug
17.4 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 7,012 ft.

Completions filed
Feb 1994
1 of 1 wells
Plug dates filed
Jul 2011
1 of 1 wells

Last completion to plug: a median of 17.4 years across the 1 well that filed both dates, with the middle half between 17.4 years and 17.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-479358842R7,012 ftFeb 1994Jul 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 (210)

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

210 months

Jul 20110094.144.52$0
Jun 201120092.904.64$1,858
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
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 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 200703682.856.92$249
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 200733070.906.39$2,340
Jun 2007016662.007.55$1,253
May 200701,05758.747.85$8,294
Apr 200701,21059.617.81$9,444
Mar 200701,28356.927.30$9,368
Feb 200701,03555.108.22$8,504
Jan 200701,39150.306.73$9,357
Dec 200601,51856.656.92$10,502
Nov 200601,46354.207.62$11,144
Oct 200601,52754.906.01$9,183
Sep 200601,45860.085.04$7,344
Aug 200601,51368.717.34$11,105
Jul 200601,58969.376.34$10,079
Jun 200601,51866.286.38$9,691
May 200601,53066.016.42$9,830
Apr 2006921,22564.397.36$14,940
Mar 2006083956.707.08$5,943
Feb 200601,07557.597.75$8,332
Jan 200601,38760.598.93$12,391
Dec 200501,52554.9413.42$20,458
Nov 200501,25154.6910.59$13,246
Oct 200501,35358.3413.80$18,666
Sep 200501,13061.4512.08$13,649
Aug 200501,30661.519.80$12,795
Jul 200501,38455.697.84$10,856
Jun 200501,28852.337.38$9,507
May 200501,27045.226.65$8,447
Apr 200501,48049.207.36$10,894
Mar 200501,45550.377.15$10,410
Feb 200501,56045.226.31$9,847
Jan 200501,80043.166.32$11,380
Dec 200401,43239.866.75$9,668
Nov 200401,67745.286.33$10,616
Oct 200401,48449.706.52$9,668
Sep 200402,96143.245.28$15,646
Aug 200401,30542.375.55$7,244
Jul 200401,93238.286.08$11,755
Jun 200401,67436.106.43$10,769
May 200402,41837.486.49$15,704
Apr 200402,41534.475.86$14,148
Mar 200401,66034.365.53$9,180
Feb 200401,19132.455.51$6,562
Jan 200401,35332.036.30$8,523
Dec 200301,82330.266.30$11,488
Nov 200301,95228.804.60$8,970
Oct 200302,00028.174.76$9,519
Sep 200301,74026.314.75$8,264
Aug 200302,22029.765.13$11,388
Jul 200302,43029.415.17$12,565
Jun 200301,91128.565.98$11,433
May 200302,60826.595.97$15,577
Apr 2003462,29226.675.41$13,620
Mar 200302,48931.146.10$15,173
Feb 200302,26333.487.93$17,936
Jan 200302,64230.315.58$14,748
Dec 200202,37326.914.85$11,518
Nov 200202,63824.664.14$10,913
Oct 200202,37426.464.23$10,040
Sep 200202,59427.443.64$9,430
Aug 200201,67725.963.16$5,306
Jul 200201,55324.583.06$4,755
Jun 200201,66623.733.34$5,562
May 200201,94824.663.58$6,982
Apr 200201,85223.653.51$6,505
Mar 200201,67422.003.10$5,194
Feb 200201,66218.222.38$3,948
Jan 200201,67017.172.38$3,967
Dec 200101,96116.932.36$4,637
Nov 200101,78618.072.41$4,296
Oct 200101,94419.782.53$4,916
Sep 200102,05824.262.25$4,633
Aug 2001992,13724.873.05$8,987
Jul 200102,22023.933.20$7,098
Jun 200102,15824.563.82$8,253
May 200102,37625.524.31$10,234
Apr 200102,48124.685.34$13,237
Mar 200102,31224.545.38$12,430
Feb 200101,78527.755.77$10,294
Jan 200102,05927.478.40$17,293
Dec 200002,36626.889.12$21,584
Nov 200002,27732.215.66$12,883
Oct 200002,86131.235.15$14,721
Sep 200002,92931.875.19$15,191
Aug 200002,96029.644.54$13,441
Jul 200002,32028.534.09$9,488
Jun 200002,58929.304.40$11,384
May 200002,79027.263.68$10,267
Apr 200001,97324.513.12$6,148
Mar 2000943,00228.422.86$11,256
Feb 200002,67927.622.73$7,304
Jan 200003,41325.272.48$8,466
Dec 199903,08724.282.42$7,482
Nov 199902,88523.192.43$7,022
Oct 199903,17620.982.80$8,905
Sep 199903,68721.752.62$9,656
Aug 199902,55219.262.88$7,339
Jul 199903,29717.892.37$7,822
Jun 199902,31515.942.36$5,468
May 199904,34015.792.32$10,073
Apr 199903,45015.102.21$7,618
Mar 199903,72312.471.84$6,844
Feb 199903,5669.981.82$6,482
Jan 199904,43710.381.90$8,430
Dec 19981674,7009.201.77$9,871
Nov 199805,34710.892.19$11,687
Oct 199804,39412.421.97$8,653
Sep 199805,45712.592.08$11,365
Aug 199807,49911.301.91$14,303
Jul 199808,88511.742.24$19,878
Jun 199805,99111.242.24$13,403
May 199804,08112.622.21$9,004
Apr 199803,37713.042.51$8,461
Mar 199804,53212.802.31$10,466
Feb 1998823,07713.952.30$8,218
Jan 19981734,31014.702.15$11,830
Dec 199704,41216.322.41$10,638
Nov 199704,38018.193.09$13,527
Oct 199704,54919.253.15$14,329
Sep 199705,65617.742.95$16,713
Aug 199706,08717.862.55$15,551
Jul 199704,73117.582.25$10,630
Jun 19971759,18417.242.26$23,747
May 199708,31318.972.31$19,191
Apr 199706,93617.882.08$14,446
Mar 199707,77618.951.94$15,079
Feb 199707,90220.492.21$17,431
Jan 199718010,06423.483.54$39,850
Dec 199606,20123.32$0
Nov 199606,30621.97$0
Oct 199606,82023.31$0
Sep 199609,01722.22$0
Aug 19961699,38720.26$3,424
Jul 1996010,30619.55$0
Jun 1996010,46618.73$0
May 1996011,88719.43$0
Apr 1996012,32821.51$0
Mar 199617813,36019.38$3,450
Feb 1996012,58716.98$0
Jan 1996015,04317.07$0
Dec 199518118,97117.19$3,111
Nov 1995012,57416.00$0
Oct 1995014,03315.43$0
Sep 199517213,09216.18$2,783
Aug 1995014,98815.92$0
Jul 1995016,83415.24$0
Jun 1995017,58016.41$0
May 199517318,74217.56$3,038
Apr 1995018,94017.73$0
Mar 199518519,15616.44$3,041
Feb 1995017,48616.58$0
Jan 199518621,68215.92$2,961
Dec 1994020,63715.03$0
Nov 199418519,87815.90$2,942
Oct 1994022,25715.58$0
Sep 199417921,14915.29$2,737
Aug 199418021,68616.13$2,903
Jul 1994022,26817.56$0
Jun 199419122,98217.09$3,264
May 199417924,17015.88$2,843
Apr 1994024,98214.14$0
Mar 199417529,40612.46$2,181
Feb 199406,41812.50$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.

Jun 2011 — as filed, then multipliedworked
Condensate            20 bbl  × $ 92.90 =     $1,858
Gas                    0 Mcf  × $  4.64 =         $0

────────────────────────────────────────────────────
Month total                                   $1,858

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/149058 is the state's own key, not one this site invented.