MAGUIRE - ERCK

Operated by PIONEER RESOURCES PRODUCING, L.P (P-5 665764) in the MC-GILL-MAG (13,400 VICKSBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 157301District 04Field 561047502 tax incentive programmesCondensateGasSaveExport
Value, all time
$514 k
Jan 1996 – Jan 2000
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
49
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
1996-01-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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 Gas111996-04-08134644
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
CondensateDisposition18,475 bbl$343,593
GasProduction189,483 Mcf$170,591
Total$514,184

117,837 Mcf of this lease's gas, across 12 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 27.1998, -97.9705. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.19978, -97.97049 · 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
16,767 ft
1 wells filed one
Completion to plug
9.4 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 16,767 ft.

Completions filed
Jan 1996
1 of 1 wells
Plug dates filed
Jun 2005
1 of 1 wells

Last completion to plug: a median of 9.4 years across the 1 well that filed both dates, with the middle half between 9.4 years and 9.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-26131162116,767 ftJan 1996Jun 2005Yes

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 (49)

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

49 months

Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19994020.982.80$84
Sep 1999185021.752.62$4,024
Aug 1999186019.262.88$3,582
Jul 1999094517.892.37$2,242
Jun 199918997115.942.36$5,306
May 1999096715.792.32$2,244
Apr 1999080715.102.21$1,782
Mar 199918187612.471.84$3,867
Feb 19991847689.981.82$3,232
Jan 19991931,07410.381.90$4,044
Dec 19981671,3249.201.77$3,884
Nov 19981601,75810.892.19$5,585
Oct 19981861,84612.421.97$5,945
Sep 19983721,93812.592.08$8,720
Aug 19981822,03511.301.91$5,938
Jul 199802,15711.742.24$4,826
Jun 19983601,92711.242.24$8,358
May 19981802,99212.622.21$8,873
Apr 1998063613.042.51$1,593
Mar 1998165012.802.31$2,112
Feb 19981811,48713.952.30$5,944
Jan 19981732,71414.702.15$8,391
Dec 19973412,82816.322.41$12,384
Nov 19972482,73118.193.09$12,945
Oct 19973693,15519.253.15$17,041
Sep 19971853,14617.742.95$12,578
Aug 19973623,45917.862.55$15,302
Jul 19973613,82217.582.25$14,934
Jun 19973473,93117.242.26$14,855
May 19975234,33018.972.31$19,917
Apr 19975004,34417.882.08$17,988
Mar 19973694,45718.951.94$15,635
Feb 19973603,69620.492.21$15,529
Jan 19975354,52523.483.54$28,579
Dec 19963244,78723.32$7,556
Nov 19965445,15421.97$11,952
Oct 19967327,18123.31$17,063
Sep 19965367,09222.22$11,910
Aug 19967178,26120.26$14,526
Jul 19967188,83319.55$14,037
Jun 199698310,08618.73$18,412
May 19961,25311,11119.43$24,346
Apr 19961,60316,47521.51$34,481
Mar 19962,21123,42619.38$42,849
Feb 19961,01013,01516.98$17,150
Jan 1996962,41617.07$1,639

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.

Oct 1999 — as filed, then multipliedworked
Condensate             4 bbl  × $ 20.98 =        $84
Gas                    0 Mcf  × $  2.80 =         $0

────────────────────────────────────────────────────
Month total                                      $84

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/157301 is the state's own key, not one this site invented.