STATE TRACT 466

Operated by BRISTOL RESOURCES CORPORATION (P-5 93548) in the MUSTANG ISLAND (STRAY 10) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 150552District 04Field 64115102CondensateGasSaveExport
Value, all time
$71 k
May 1994 – May 1998
Value, last 12 filed months
$0
at the published price for each month
Months reported
49
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
1994-05-26
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 07/01/96.

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
CondensateDisposition3,450 bbl$65,078
GasProduction628,366 Mcf$5,575
Total$70,653

626,791 Mcf of this lease's gas, across 32 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 27.7325, -97.1937. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.73248, -97.19373 · 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
7,620 ft
1 wells filed one
Completion to plug
4.0 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 7,620 ft.

Completions filed
May 1994
1 of 1 wells
Plug dates filed
May 1998
1 of 1 wells

Last completion to plug: a median of 4.0 years across the 1 well that filed both dates, with the middle half between 4.0 years and 4.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3550283437,620 ftMay 1994May 1998Yes

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 (49)

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

49 months

May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19977020.492.21$143
Jan 1997721,57523.483.54$7,266
Dec 19962377,52123.32$5,527
Nov 19962469,34521.97$5,405
Oct 19962078,80923.31$4,825
Sep 199623410,91622.22$5,199
Aug 199611913,03520.26$2,411
Jul 199613210,57419.55$2,581
Jun 199611613,45718.73$2,173
May 19968114,84819.43$1,574
Apr 19969016,05821.51$1,936
Mar 19969417,75219.38$1,822
Feb 199618316,73316.98$3,107
Jan 199610518,64417.07$1,792
Dec 19958019,55017.19$1,375
Nov 199510418,89616.00$1,664
Oct 19957620,94015.43$1,173
Sep 199512320,93916.18$1,990
Aug 199510421,21515.92$1,656
Jul 199515822,26515.24$2,408
Jun 19958819,94016.41$1,444
May 199511322,09817.56$1,984
Apr 19955821,37317.73$1,028
Mar 19955523,20116.44$904
Feb 19957421,57016.58$1,227
Jan 19956625,84015.92$1,051
Dec 19944526,17815.03$676
Nov 19943426,28315.90$541
Oct 19943128,13515.58$483
Sep 19944726,82915.29$719
Aug 19945631,22616.13$903
Jul 19948235,37817.56$1,440
Jun 19949530,24817.09$1,624
May 1994386,99515.88$603

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 1997 — as filed, then multipliedworked
Condensate             7 bbl  × $ 20.49 =       $143
Gas                    0 Mcf  × $  2.21 =         $0

────────────────────────────────────────────────────
Month total                                     $143

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/150552 is the state's own key, not one this site invented.