BOSTON TEXAS LAND TRUST #7

Operated by LEGACY CORPORATION, THE (P-5 495542) in the AMORE (VICKSBURG 6200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 155846District 04Field 02401480CondensateGasSaveExport
Value, all time
$216 k
Sep 1995 – Oct 1998
Value, last 12 filed months
$80 k
at the published price for each month
Months reported
38
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
1996-03-01
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

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
CondensateDisposition1,205 bbl$22,496
GasProduction247,143 Mcf$193,863
Total$216,359

169,804 Mcf of this lease's gas, across 16 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 26.4492, -98.4894. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.44923, -98.48939 · 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
6,600 ft
1 wells filed one
Completion to plug
3.1 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 6,600 ft.

Completions filed
Sep 1995
1 of 1 wells
Plug dates filed
Oct 1998
1 of 1 wells

Last completion to plug: a median of 3.1 years across the 1 well that filed both dates, with the middle half between 3.1 years and 3.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2153224576,600 ftSep 1995Oct 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 (38)

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

38 months

Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 1998098411.742.24$2,201
Jun 199801,88911.242.24$4,226
May 1998403,41212.622.21$8,033
Apr 199803,70413.042.51$9,280
Mar 199803,85112.802.31$8,894
Feb 199803,56713.952.30$8,201
Jan 199803,90714.702.15$8,419
Dec 19971525,03116.322.41$14,611
Nov 199705,08418.193.09$15,701
Oct 199714,72619.253.15$14,905
Sep 199703,57317.742.95$10,558
Aug 199705,74317.862.55$14,672
Jul 199704,03917.582.25$9,075
Jun 199703,60117.242.26$8,128
May 19971354,38218.972.31$12,677
Apr 199704,31117.882.08$8,979
Mar 1997724,62718.951.94$10,337
Feb 1997495,03420.492.21$12,109
Jan 199705,87423.483.54$20,792
Dec 1996576,63123.32$1,329
Nov 199606,85221.97$0
Oct 1996496,35823.31$1,142
Sep 199607,69322.22$0
Aug 1996888,60720.26$1,783
Jul 1996010,08419.55$0
Jun 1996010,66618.73$0
May 199612712,12719.43$2,468
Apr 1996012,37421.51$0
Mar 199617014,62419.38$3,295
Feb 1996013,02216.98$0
Jan 19968413,02217.07$1,434
Dec 199518112,22517.19$3,111
Nov 1995014,60116.00$0
Oct 1995017,55415.43$0
Sep 199503,36416.18$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.

Jul 1998 — as filed, then multipliedworked
Condensate             0 bbl  × $ 11.74 =         $0
Gas                  984 Mcf  × $  2.24 =     $2,201

────────────────────────────────────────────────────
Month total                                   $2,201

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/155846 is the state's own key, not one this site invented.