FLORES, L. G.

Operated by HOUSTON EXPLORATION COMPANY, THE (P-5 402704) in the MUNOZ (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 151751District 04Field 638365002 tax incentive programmesCondensateGasSaveExport
Value, all time
$346 k
Nov 1994 – Dec 2002
Value, last 12 filed months
$0
at the published price for each month
Months reported
98
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 191 leases and 191 wells, and the rule below applies to all of them.

Discovered
1985-11-01
as the register files it
Field class
Gas
the register's own label
Between wells
933 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 2008-04-24.

The Commission's schedule remark for this field reads: PER DOCKET #04-0255143 RULE ONE AMENDED. STANDARD 40 ACRES

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 Gas111994-12-07131108
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
CondensateDisposition32 bbl$618
GasProduction396,538 Mcf$345,323
Total$345,941

279,742 Mcf of this lease's gas, across 26 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 27.0222, -99.1111. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.02218, -99.11111 · 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
14,000 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 14,000 ft.

Completions filed
Dec 2002
1 of 1 wells

1 well

42-5053324217R14,000 ftDec 2002Yes

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 (98)

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

98 months

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 2001020023.933.20$639
Jun 2001066224.563.82$2,532
May 2001068125.524.31$2,933
Apr 2001163124.685.34$3,391
Mar 2001170424.545.38$3,810
Feb 200111,17727.755.77$6,816
Jan 2001198527.478.40$8,300
Dec 200011,72226.889.12$15,736
Nov 200001,82532.215.66$10,326
Oct 200001,94731.235.15$10,018
Sep 200012,10331.875.19$10,939
Aug 200002,40129.644.54$10,902
Jul 200002,77428.534.09$11,345
Jun 200005,17729.304.40$22,765
May 200001,56027.263.68$5,740
Apr 2000078924.513.12$2,459
Mar 2000081428.422.86$2,328
Feb 2000068827.622.73$1,876
Jan 2000172925.272.48$1,834
Dec 199901,12324.282.42$2,722
Nov 199901,72623.192.43$4,201
Oct 199902,48920.982.80$6,978
Sep 19990021.752.62$0
Aug 1999099719.262.88$2,867
Jul 199901,94217.892.37$4,607
Jun 199901,50315.942.36$3,550
May 199901,86915.792.32$4,338
Apr 199902,12815.102.21$4,699
Mar 199902,04212.471.84$3,754
Feb 199901,7059.981.82$3,099
Jan 199902,08610.381.90$3,963
Dec 199802,1319.201.77$3,779
Nov 199802,08710.892.19$4,562
Oct 199801,66712.421.97$3,283
Sep 199801,29212.592.08$2,691
Aug 199802,28411.301.91$4,356
Jul 199801,83911.742.24$4,114
Jun 199801,79011.242.24$4,005
May 199801,94912.622.21$4,300
Apr 199801,83813.042.51$4,605
Mar 199801,82612.802.31$4,217
Feb 199801,57513.952.30$3,621
Jan 199802,73314.702.15$5,889
Dec 199703,35416.322.41$8,087
Nov 199702,23818.193.09$6,912
Oct 199703,29619.253.15$10,382
Sep 199703,44717.742.95$10,185
Aug 199703,79217.862.55$9,688
Jul 199703,58617.582.25$8,058
Jun 199713,08417.242.26$6,978
May 199723,72918.972.31$8,646
Apr 199704,22917.882.08$8,808
Mar 199715,35318.951.94$10,399
Feb 199716,45220.492.21$14,253
Jan 199714,04623.483.54$14,345
Dec 199602,72923.32$0
Nov 199603,13321.97$0
Oct 199603,62323.31$0
Sep 199603,67122.22$0
Aug 199603,84920.26$0
Jul 199604,50319.55$0
Jun 199604,33218.73$0
May 199604,76219.43$0
Apr 199604,34721.51$0
Mar 199605,27819.38$0
Feb 199604,82816.98$0
Jan 199606,03117.07$0
Dec 199506,03717.19$0
Nov 199505,88416.00$0
Oct 199507,00815.43$0
Sep 199507,50616.18$0
Aug 199508,48315.92$0
Jul 199509,31315.24$0
Jun 199519,96316.41$16
May 1995112,94217.56$18
Apr 1995214,06717.73$35
Mar 1995413,42316.44$66
Feb 1995216,44716.58$33
Jan 1995422,73615.92$64
Dec 1994037,13715.03$0
Nov 1994557,71015.90$80

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.

Jul 2001 — as filed, then multipliedworked
Condensate             0 bbl  × $ 23.93 =         $0
Gas                  200 Mcf  × $  3.20 =       $639

────────────────────────────────────────────────────
Month total                                     $639

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/151751 is the state's own key, not one this site invented.