MONTALVO, C.

Operated by CODY ENERGY LLC (P-5 164455) in the MESTENA GRANDE (PETTUS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 157402District 04Field 60823425CondensateGasSaveExport
Value, all time
$4.0 M
Mar 1996 – Nov 2004
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
105
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1985-03-23
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

The Commission's schedule remark for this field reads: 8-1-92.

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
CondensateDisposition17,835 bbl$353,202
GasProduction1,553,141 Mcf$3,668,909
Total$4,022,112

289,521 Mcf of this lease's gas, across 10 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 27.2818, -98.5719. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.28176, -98.57192 · 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
5,310 ft
1 wells filed one
Completion to plug
8.7 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 5,310 ft.

Completions filed
Mar 1996
1 of 1 wells
Plug dates filed
Nov 2004
1 of 1 wells

Last completion to plug: a median of 8.7 years across the 1 well that filed both dates, with the middle half between 8.7 years and 8.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2473206615,310 ftMar 1996Nov 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 (105)

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

105 months

Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 200496034.475.86$3,309
Mar 20046034.365.53$206
Feb 2004193,74532.455.51$21,250
Jan 2004014632.036.30$920
Dec 2003020530.266.30$1,292
Nov 2003014028.804.60$643
Oct 20030028.174.76$0
Sep 20030326.314.75$14
Aug 20030029.765.13$0
Jul 20030529.415.17$26
Jun 20030028.565.98$0
May 20030526.595.97$30
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 2003302,27033.487.93$18,996
Jan 20031196,33530.315.58$38,969
Dec 2002455,04226.914.85$25,684
Nov 200256,77124.664.14$28,135
Oct 2002456,81426.464.23$30,008
Sep 2002416,55327.443.64$24,947
Aug 2002176,27325.963.16$20,290
Jul 2002225,17524.583.06$16,385
Jun 200253,50523.733.34$11,819
May 2002227,60924.663.58$27,813
Apr 2002178,27723.653.51$29,474
Mar 2002438,95422.003.10$28,728
Feb 2002438,61018.222.38$21,238
Jan 20022810,29117.172.38$24,929
Dec 200109,92116.932.36$23,457
Nov 2001010,61118.072.41$25,525
Oct 2001711,43619.782.53$29,059
Sep 200110511,79624.262.25$29,104
Aug 20019912,35024.873.05$40,169
Jul 20019412,99523.933.20$43,795
Jun 20016912,02524.563.82$47,680
May 200110613,66325.524.31$61,556
Apr 20018514,18324.685.34$77,769
Mar 20019414,78024.545.38$81,771
Feb 200117011,51427.755.77$71,120
Jan 2001659,84627.478.40$84,480
Dec 200016610,46526.889.12$99,929
Nov 200024010,30332.215.66$66,025
Oct 20006011,67431.235.15$61,942
Sep 200023611,92631.875.19$69,376
Aug 20009413,04929.644.54$62,038
Jul 200024412,66428.534.09$58,754
Jun 20006113,78629.304.40$62,408
May 20003715,06127.263.68$56,429
Apr 200025415,54924.513.12$54,676
Mar 200029221,17228.422.86$68,845
Feb 20007419,97027.622.73$56,492
Jan 200032520,85825.272.48$59,951
Dec 199912021,93824.282.42$56,085
Nov 199928722,06823.192.43$60,369
Oct 199919022,56120.982.80$67,241
Sep 1999022,07321.752.62$57,806
Aug 199918922,86219.262.88$69,382
Jul 199919221,80717.892.37$55,169
Jun 199918918,80415.942.36$47,430
May 199919421,24215.792.32$52,366
Apr 199919020,34415.102.21$47,790
Mar 1999019,33512.471.84$35,544
Feb 199918118,4009.981.82$35,254
Jan 199918520,93710.381.90$41,700
Dec 199819121,6179.201.77$40,091
Nov 199818121,05210.892.19$47,985
Oct 199839221,61512.421.97$47,433
Sep 199819121,03512.592.08$46,213
Aug 199835622,34311.301.91$46,639
Jul 199838223,03211.742.24$56,013
Jun 199819722,54711.242.24$52,658
May 199818823,81612.622.21$54,919
Apr 199838723,44513.042.51$63,784
Mar 199819624,68212.802.31$59,510
Feb 199819922,82013.952.30$55,242
Jan 199838524,97714.702.15$59,480
Dec 199719425,85316.322.41$65,500
Nov 199739824,48518.193.09$82,856
Oct 199719825,42819.253.15$83,905
Sep 199738925,83117.742.95$83,228
Aug 199719127,13717.862.55$72,739
Jul 199738527,95917.582.25$69,591
Jun 199738127,44417.242.26$68,515
May 199739028,34018.972.31$72,821
Apr 199739327,48417.882.08$64,270
Mar 199738727,41318.951.94$60,491
Feb 199719025,01320.492.21$59,069
Jan 199738527,55623.483.54$106,580
Dec 199659427,52723.32$13,852
Nov 199637726,90921.97$8,283
Oct 199638127,94223.31$8,881
Sep 199639428,23322.22$8,755
Aug 199656629,78120.26$11,467
Jul 199657130,20119.55$11,163
Jun 199638229,89818.73$7,155
May 199677632,41519.43$15,078
Apr 199678131,31921.51$16,799
Mar 199639025,29619.38$7,558

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.

Apr 2004 — as filed, then multipliedworked
Condensate            96 bbl  × $ 34.47 =     $3,309
Gas                    0 Mcf  × $  5.86 =         $0

────────────────────────────────────────────────────
Month total                                   $3,309

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/157402 is the state's own key, not one this site invented.