WEBB COUNTY SCHOOL BOARD

Operated by NORTH CENTRAL OIL CORP. (P-5 613760) in the BIG COWBOY (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 154827District 04Field 078002002 tax incentive programmesCondensateGasSaveExport
Value, all time
$473 k
May 1995 – Sep 2003
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
101
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 164 leases and 164 wells, and the rule below applies to all of them.

Discovered
1979-07-17
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 field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: STATEWIDE RULES. NO P-15 & PLAT.

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 Gas111995-10-23132617
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
CondensateDisposition4,919 bbl$81,447
GasProduction286,390 Mcf$391,200
Total$472,647

138,110 Mcf of this lease's gas, across 19 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 27.6491, -99.1686. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.64915, -99.16861 · 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
9,100 ft
1 wells filed one
Completion to plug
8.4 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 9,100 ft.

Completions filed
May 1995
1 of 1 wells
Plug dates filed
Oct 2003
1 of 1 wells

Last completion to plug: a median of 8.4 years across the 1 well that filed both dates, with the middle half between 8.4 years and 8.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47936280139,100 ftMay 1995Oct 2003Yes

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 (101)

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

101 months

Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 2003112033.487.93$985
Jan 2003130530.315.58$1,733
Dec 2002132926.914.85$1,624
Nov 2002011524.664.14$476
Oct 2002023126.464.23$977
Sep 2002046827.443.64$1,701
Aug 2002060525.963.16$1,914
Jul 2002042824.583.06$1,310
Jun 2002062023.733.34$2,070
May 2002062524.663.58$2,240
Apr 2002063223.653.51$2,220
Mar 2002045222.003.10$1,402
Feb 2002048718.222.38$1,157
Jan 2002054917.172.38$1,304
Dec 2001068416.932.36$1,617
Nov 2001060618.072.41$1,458
Oct 2001066819.782.53$1,689
Sep 2001053524.262.25$1,204
Aug 2001097124.873.05$2,965
Jul 200101,19123.933.20$3,808
Jun 2001099224.563.82$3,794
May 2001086625.524.31$3,730
Apr 2001094924.685.34$5,063
Mar 200101,04324.545.38$5,608
Feb 200101,66127.755.77$9,579
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 200007332.215.66$413
Oct 2000029431.235.15$1,513
Sep 200001,38331.875.19$7,173
Aug 200001,48829.644.54$6,757
Jul 200001,59028.534.09$6,503
Jun 200001,90629.304.40$8,381
May 200002,26927.263.68$8,349
Apr 200002,35924.513.12$7,351
Mar 200002,08528.422.86$5,963
Feb 200002,72827.622.73$7,438
Jan 200002,55425.272.48$6,335
Dec 199902,77324.282.42$6,721
Nov 199902,96123.192.43$7,207
Oct 199903,21720.982.80$9,020
Sep 199903,48821.752.62$9,135
Aug 199904,45919.262.88$12,822
Jul 199905,11117.892.37$12,125
Jun 199904,50915.942.36$10,651
May 199904,85115.792.32$11,259
Apr 199904,97615.102.21$10,987
Mar 199903,00812.471.84$5,530
Feb 199904,0659.981.82$7,389
Jan 199907,17810.381.90$13,638
Dec 1998237,5569.201.77$13,611
Nov 1998844,21410.892.19$10,125
Oct 19981731,59412.421.97$5,288
Sep 1998551,44812.592.08$3,708
Aug 1998951,51511.301.91$3,963
Jul 199801,66911.742.24$3,734
Jun 199801,78111.242.24$3,985
May 1998671,76912.622.21$4,749
Apr 19981471,29313.042.51$5,156
Mar 1998441,63512.802.31$4,339
Feb 19982291,79913.952.30$7,331
Jan 19981012,12714.702.15$6,068
Dec 19971832,40716.322.41$8,790
Nov 19971171,90318.193.09$8,005
Oct 1997721,98319.253.15$7,632
Sep 1997962,19217.742.95$8,180
Aug 19971182,19317.862.55$7,710
Jul 1997502,83817.582.25$7,256
Jun 1997272,55217.242.26$6,226
May 19971141,55918.972.31$5,762
Apr 19971462,55817.882.08$7,938
Mar 19971243,30618.951.94$8,761
Feb 19971726,13520.492.21$17,057
Jan 1997894,79723.483.54$19,070
Dec 1996802,57623.32$1,866
Nov 1996532,24321.97$1,164
Oct 1996752,73023.31$1,748
Sep 1996262,03822.22$578
Aug 1996273,58120.26$547
Jul 1996264,28319.55$508
Jun 1996172,49718.73$318
May 1996343,22619.43$661
Apr 1996372,99421.51$796
Mar 1996814,37719.38$1,570
Feb 1996733,55216.98$1,240
Jan 19961902,66817.07$3,243
Dec 1995944,25817.19$1,616
Nov 1995984,15516.00$1,568
Oct 19952145,73015.43$3,302
Sep 199519210,12616.18$3,107
Aug 199555022,12115.92$8,756
Jul 199545626,23215.24$6,949
Jun 199526728,72316.41$4,381
May 19950017.56$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.

Feb 2003 — as filed, then multipliedworked
Condensate             1 bbl  × $ 33.48 =        $33
Gas                  120 Mcf  × $  7.93 =       $951

────────────────────────────────────────────────────
Month total                                     $985

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/154827 is the state's own key, not one this site invented.