KNOX

Operated by TETON PETROLEUM CORPORATION (P-5 844082) in the TSESMELIS (4300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 150703District 04Field 91615460CondensateGasSaveExport
Value, all time
$40 k
Aug 1994 – May 1999
Value, last 12 filed months
$561
at the published price for each month
Months reported
58
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1979-11-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: FIELD RULES EFFECTIVE 3/1/80 PER SPEC ORDER 74532

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
CondensateDisposition606 bbl$9,615
GasProduction99,942 Mcf$30,577
Total$40,193

87,980 Mcf of this lease's gas, across 29 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 27.6963, -98.1375. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.69630, -98.13745 · 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
8,245 ft
1 wells filed one
Completion to plug
4.3 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 8,245 ft.

Completions filed
Aug 1994
1 of 1 wells
Plug dates filed
Nov 1998
1 of 1 wells

Last completion to plug: a median of 4.3 years across the 1 well that filed both dates, with the middle half between 4.3 years and 4.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2493221738,245 ftAug 1994Nov 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 (58)

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

58 months

May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 199945012.471.84$561
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 1998286013.952.30$2,005
Jan 1998584814.702.15$1,901
Dec 1997267716.322.41$1,665
Nov 199741,42218.193.09$4,464
Oct 199701,04419.253.15$3,288
Sep 1997054417.742.95$1,607
Aug 1997089617.862.55$2,289
Jul 1997080117.582.25$1,800
Jun 1997092017.242.26$2,077
May 1997091218.972.31$2,105
Apr 1997095217.882.08$1,983
Mar 1997069418.951.94$1,346
Feb 1997050520.492.21$1,114
Jan 1997088723.483.54$3,140
Dec 1996078723.32$0
Nov 1996069321.97$0
Oct 1996076823.31$0
Sep 1996066322.22$0
Aug 1996081720.26$0
Jul 1996095919.55$0
Jun 1996056418.73$0
May 1996085219.43$0
Apr 199601,09121.51$0
Mar 1996097219.38$0
Feb 199601,01116.98$0
Jan 1996121,29517.07$205
Dec 1995161,56217.19$275
Nov 199501,37616.00$0
Oct 19951182,10415.43$1,821
Sep 199502,48716.18$0
Aug 199502,73015.92$0
Jul 19951153,03715.24$1,753
Jun 199503,17016.41$0
May 199503,22817.56$0
Apr 19951143,48817.73$2,021
Mar 1995913,34016.44$1,496
Feb 199503,13716.58$0
Jan 199503,26515.92$0
Dec 199403,20615.03$0
Nov 199403,86315.90$0
Oct 1994805,27915.58$1,246
Sep 1994222,34815.29$31
Aug 199409,88816.13$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.

Mar 1999 — as filed, then multipliedworked
Condensate            45 bbl  × $ 12.47 =       $561
Gas                    0 Mcf  × $  1.84 =         $0

────────────────────────────────────────────────────
Month total                                     $561

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/150703 is the state's own key, not one this site invented.