SILVA-COATES ENERGY TRUST

Operated by KERR-MCGEE OIL & GAS ONSHORE LLC (P-5 457809) in the KELSEY (VXKBG. CONSOL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 154356District 04Field 48630800CondensateGasSaveExport
Value, all time
$1.3 M
Mar 1995 – Sep 2004
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
115
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 88 leases and 91 wells, and the rule below applies to all of them.

Discovered
1999-11-02
as the register files it
Field class
Oil and 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 field rule took effect on 1999-11-03.

The Commission's schedule remark for this field reads: CONSIST OF 95% DEL. AND 5% PER WELL.

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
CondensateDisposition11,697 bbl$251,571
GasProduction413,483 Mcf$1,094,231
Total$1,345,803

113,890 Mcf of this lease's gas, across 22 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 26.7232, -98.4244. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.72318, -98.42437 · 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
9,798 ft
1 wells filed one
Completion to plug
9.5 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 9,798 ft.

Completions filed
Mar 1995
1 of 1 wells
Plug dates filed
Sep 2004
1 of 1 wells

Last completion to plug: a median of 9.5 years across the 1 well that filed both dates, with the middle half between 9.5 years and 9.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4273177619,798 ftMar 1995Sep 2004Yes

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 (115)

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

115 months

Sep 20042043.245.28$86
Aug 20040042.375.55$0
Jul 20047038.286.08$268
Jun 20040036.106.43$0
May 200410037.486.49$375
Apr 200402,58634.475.86$15,150
Mar 200422,67734.365.53$14,873
Feb 20044032.455.51$130
Jan 20040132.036.30$6
Dec 200341,83030.266.30$11,653
Nov 20036028.804.60$173
Oct 200301528.174.76$71
Sep 200321,71926.314.75$8,217
Aug 200301,73429.765.13$8,895
Jul 200301,83729.415.17$9,499
Jun 200302,79428.565.98$16,716
May 200323,13126.595.97$18,754
Apr 200392,51026.675.41$13,812
Mar 2003181,85931.146.10$11,893
Feb 2003144,08033.487.93$32,806
Jan 2003284,55530.315.58$26,275
Dec 2002275,48026.914.85$27,325
Nov 2002226,11124.664.14$25,823
Oct 2002184,92326.464.23$21,296
Sep 2002286,68827.443.64$25,081
Aug 2002282,29625.963.16$7,992
Jul 2002706,24924.583.06$20,854
Jun 20022286,41123.733.34$26,812
May 20021707,55524.663.58$31,269
Apr 20023622,93823.653.51$18,881
Mar 20021886,37622.003.10$23,919
Feb 20024366,78218.222.38$24,056
Jan 20021142,29117.172.38$7,400
Dec 20012169,62016.932.36$26,402
Nov 20011138,02418.072.41$21,344
Oct 20016010,14619.782.53$26,845
Sep 20018410,92924.262.25$26,643
Aug 200120211,48524.873.05$40,089
Jul 2001567,71223.933.20$25,996
Jun 20011989,64924.563.82$41,762
May 200131213,23525.524.31$64,970
Apr 200178014,98624.685.34$99,206
Mar 200171814,70024.545.38$96,653
Feb 20011,33712,75127.755.77$110,638
Jan 200103527.478.40$294
Dec 20000026.889.12$0
Nov 2000017932.215.66$1,013
Oct 2000044131.235.15$2,269
Sep 2000050631.875.19$2,624
Aug 200010862729.644.54$6,048
Jul 2000082428.534.09$3,370
Jun 200011389729.304.40$7,255
May 2000060027.263.68$2,208
Apr 2000098124.513.12$3,057
Mar 20001331,43428.422.86$7,881
Feb 200001,38027.622.73$3,763
Jan 200001,23325.272.48$3,058
Dec 1999064924.282.42$1,573
Nov 1999050223.192.43$1,222
Oct 199902,11720.982.80$5,935
Sep 1999061321.752.62$1,605
Aug 1999080419.262.88$2,312
Jul 1999011417.892.37$270
Jun 199913374215.942.36$3,873
May 199913391515.792.32$4,224
Apr 1999091515.102.21$2,020
Mar 199901,17412.471.84$2,158
Feb 19991251,7529.981.82$4,432
Jan 1999082610.381.90$1,569
Dec 199801,3539.201.77$2,399
Nov 199801,41210.892.19$3,086
Oct 1998090012.421.97$1,772
Sep 1998074712.592.08$1,556
Aug 199816298411.301.91$3,707
Jul 199801,58911.742.24$3,555
Jun 199801,96411.242.24$4,394
May 199802,08512.622.21$4,600
Apr 199801,97613.042.51$4,951
Mar 19981652,57912.802.31$8,068
Feb 19981692,50813.952.30$8,124
Jan 199801,85214.702.15$3,991
Dec 19971542,10916.322.41$7,598
Nov 199702,39818.193.09$7,406
Oct 19971653,08019.253.15$12,878
Sep 199703,38517.742.95$10,002
Aug 19971553,67017.862.55$12,144
Jul 19971643,70417.582.25$11,206
Jun 199703,64017.242.26$8,216
May 19971583,61218.972.31$11,336
Apr 199703,74217.882.08$7,794
Mar 19971653,76718.951.94$10,431
Feb 19971613,48820.492.21$10,993
Jan 19971614,12423.483.54$18,378
Dec 19961594,19123.32$3,708
Nov 19961653,93421.97$3,625
Oct 19961584,36223.31$3,683
Sep 19962794,35622.22$6,199
Aug 199604,68520.26$0
Jul 19961464,44519.55$2,854
Jun 199603,93918.73$0
May 19963515,67119.43$6,820
Apr 19961725,25821.51$3,700
Mar 19963405,52919.38$6,589
Feb 19961705,20016.98$2,887
Jan 19962945,47017.07$5,019
Dec 19951435,92417.19$2,458
Nov 19952006,74216.00$3,200
Oct 19951807,81715.43$2,777
Sep 1995328,80716.18$518
Aug 19952594,66015.92$4,123
Jul 19951133,77415.24$1,722
Jun 1995183,79016.41$295
May 1995703,40917.56$1,229
Apr 1995495,28817.73$869
Mar 199506,63916.44$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.

Sep 2004 — as filed, then multipliedworked
Condensate             2 bbl  × $ 43.24 =        $86
Gas                    0 Mcf  × $  5.28 =         $0

────────────────────────────────────────────────────
Month total                                      $86

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/154356 is the state's own key, not one this site invented.