FROST TRUST

Operated by MCRAE & HENRY, LTD (P-5 555883) in the SHOCKACON (WILCOX 6700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 155104District 04Field 83398475CondensateGasSaveExport
Value, all time
$1.8 M
Jul 1995 – Jul 2011
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
193
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1994-02-08
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 08/01/97.

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
CondensateDisposition4,438 bbl$112,422
GasProduction687,449 Mcf$1,653,127
Total$1,765,548

240,759 Mcf of this lease's gas, across 18 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 27.6215, -98.9526. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.62150, -98.95255 · 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
6,900 ft
1 wells filed one
Completion to plug
16.1 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 6,900 ft.

Completions filed
Jul 1995
1 of 1 wells
Plug dates filed
Aug 2011
1 of 1 wells

Last completion to plug: a median of 16.1 years across the 1 well that filed both dates, with the middle half between 16.1 years and 16.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793631686,900 ftJul 1995Aug 2011Yes

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 (193)

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

193 months

Jul 20110094.144.52$0
Jun 201119092.904.64$1,765
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 200735070.906.39$2,482
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 200602266.286.38$140
May 200601,19266.016.42$7,659
Apr 20061241,82364.397.36$21,403
Mar 200601,95156.707.08$13,819
Feb 200601,55557.597.75$12,053
Jan 200601,80360.598.93$16,107
Dec 200501,68154.9413.42$22,551
Nov 20051891,48654.6910.59$26,071
Oct 200501,45558.3413.80$20,073
Sep 200501,72961.4512.08$20,885
Aug 200502,00961.519.80$19,682
Jul 200501,73055.697.84$13,570
Jun 200501,28452.337.38$9,477
May 200502,14645.226.65$14,273
Apr 200502,22649.207.36$16,384
Mar 20051741,55150.377.15$19,862
Feb 200501,84145.226.31$11,620
Jan 200501,96443.166.32$12,417
Dec 200401,57639.866.75$10,640
Nov 200401,78845.286.33$11,319
Oct 200401,48949.706.52$9,701
Sep 200401,06343.245.28$5,617
Aug 20041801,24342.375.55$14,526
Jul 200401,76338.286.08$10,726
Jun 200401,02636.106.43$6,600
May 200401,64337.486.49$10,671
Apr 200401,37134.475.86$8,032
Mar 200401,76734.365.53$9,772
Feb 200401,18032.455.51$6,501
Jan 200401,25432.036.30$7,900
Dec 200301,90230.266.30$11,986
Nov 20031051,77528.804.60$11,180
Oct 200301,38428.174.76$6,587
Sep 200301,78026.314.75$8,454
Aug 200302,16929.765.13$11,126
Jul 200302,28229.415.17$11,800
Jun 200302,38228.565.98$14,251
May 200301,73726.595.97$10,375
Apr 20031071,64926.675.41$11,770
Mar 200301,85431.146.10$11,302
Feb 200301,68633.487.93$13,363
Jan 200302,34630.315.58$13,095
Dec 20021133,85626.914.85$21,757
Nov 200202,33624.664.14$9,664
Oct 200201,61226.464.23$6,817
Sep 200202,24127.443.64$8,146
Aug 200202,79925.963.16$8,856
Jul 200202,50224.583.06$7,661
Jun 200203,17123.733.34$10,586
May 200203,05324.663.58$10,942
Apr 200201,43423.653.51$5,037
Mar 2002903,41922.003.10$12,588
Feb 200205,20418.222.38$12,363
Jan 200205,80917.172.38$13,800
Dec 200106,09416.932.36$14,409
Nov 20011476,29818.072.41$17,806
Oct 200106,24719.782.53$15,798
Sep 200105,12824.262.25$11,545
Aug 200104,97724.873.05$15,196
Jul 200105,29923.933.20$16,941
Jun 200105,09524.563.82$19,484
May 20011735,13025.524.31$26,512
Apr 200105,06524.685.34$27,023
Mar 200105,60124.545.38$30,113
Feb 200104,76027.755.77$27,451
Jan 200105,39327.478.40$45,295
Dec 20001665,63726.889.12$55,886
Nov 200005,16332.215.66$29,212
Oct 200006,14931.235.15$31,640
Sep 200005,49731.875.19$28,510
Aug 200005,69429.644.54$25,855
Jul 200004,91228.534.09$20,089
Jun 20001785,76929.304.40$30,583
May 200005,96127.263.68$21,935
Apr 200004,56224.513.12$14,215
Mar 200005,71628.422.86$16,346
Feb 200005,80027.622.73$15,814
Jan 20001764,91525.272.48$16,639
Dec 199904,05724.282.42$9,833
Nov 199905,33523.192.43$12,985
Oct 199906,14320.982.80$17,223
Sep 199906,28221.752.62$16,452
Aug 199904,10619.262.88$11,807
Jul 19991785,75217.892.37$16,830
Jun 199904,02615.942.36$9,510
May 199905,09215.792.32$11,819
Apr 199904,55915.102.21$10,067
Mar 199905,53712.471.84$10,179
Feb 199904,6029.981.82$8,365
Jan 19991784,97510.381.90$11,300
Dec 199803,4959.201.77$6,198
Nov 199803,94010.892.19$8,612
Oct 199806,02112.421.97$11,857
Sep 19981746,28412.592.08$15,278
Aug 199805,96111.301.91$11,370
Jul 199805,33111.742.24$11,927
Jun 199805,82011.242.24$13,021
May 199804,87112.622.21$10,747
Apr 199804,70313.042.51$11,783
Mar 19981805,24012.802.31$14,405
Feb 19981342,75913.952.30$8,213
Jan 199805,47014.702.15$11,787
Dec 199705,76916.322.41$13,910
Nov 199706,57118.193.09$20,293
Oct 199706,02319.253.15$18,971
Sep 19971836,06417.742.95$21,165
Aug 199706,04417.862.55$15,441
Jul 199704,72717.582.25$10,621
Jun 199707,94817.242.26$17,940
May 199709,25518.972.31$21,365
Apr 199718510,58717.882.08$25,358
Mar 199708,70418.951.94$16,878
Feb 199709,65820.492.21$21,305
Jan 199707,12423.483.54$25,217
Dec 19961778,12123.32$4,128
Nov 199606,93321.97$0
Oct 199609,02323.31$0
Sep 1996010,73422.22$0
Aug 199615411,99020.26$3,120
Jul 1996011,91619.55$0
Jun 1996011,85118.73$0
May 199618112,68519.43$3,517
Apr 1996014,32121.51$0
Mar 199618016,01219.38$3,488
Feb 1996016,04516.98$0
Jan 199619117,86417.07$3,260
Dec 1995020,92717.19$0
Nov 199518413,69316.00$2,944
Oct 1995017,69015.43$0
Sep 199518317,91516.18$2,961
Aug 1995020,88215.92$0
Jul 199502,15715.24$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.

Jun 2011 — as filed, then multipliedworked
Condensate            19 bbl  × $ 92.90 =     $1,765
Gas                    0 Mcf  × $  4.64 =         $0

────────────────────────────────────────────────────
Month total                                   $1,765

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/155104 is the state's own key, not one this site invented.