GARCIA-YTURRIA -A- GAS UNIT

Name: GARCIA-YTURRIA -A- GAS UNIT lease production and value, Apr 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KERR-MCGEE OIL & GAS ONSHORE LLC (P-5 457809) in the FLORES (VICKSBURG, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 158339District 04Field 31533500CondensateGasSave Export

Value, all time

$5.0 M

Apr 1996 – Aug 2004

Value, last 12 filed months

$603

at the published price for each month

Months reported

101

no gaps in the span

Streams

condensate, gas

The FLORES (VICKSBURG, LOWER) field

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 137 leases and 137 wells, and the rule below applies to all of them.

Discovered

1986-04-01

as the register files it

Field class

Gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-11-12.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA TO REMAIN SUSPENDED.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	19,146 bbl	$388,201
Gas	Production	2,502,203 Mcf	$4,569,662
Total			$4,957,863

928,151 Mcf of this lease's gas, across 9 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 26.4311, -98.5015. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.43110, -98.50155 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

10,300 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 10,300 ft.

Completions filed

Sep 2005

1 of 1 wells

1 well


42-42732826	1	10,300 ft	Sep 2005	—	Yes

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


Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	84	28.80	4.60	$386
Oct 2003	0	39	28.17	4.76	$186
Sep 2003	1	1	26.31	4.75	$31
Aug 2003	21	670	29.76	5.13	$4,062
Jul 2003	48	1,870	29.41	5.17	$11,081
Jun 2003	107	2,217	28.56	5.98	$16,320
May 2003	66	3,857	26.59	5.97	$24,792
Apr 2003	29	5,116	26.67	5.41	$28,437
Mar 2003	33	5,931	31.14	6.10	$37,183
Feb 2003	59	7,350	33.48	7.93	$60,231
Jan 2003	65	9,727	30.31	5.58	$56,267
Dec 2002	59	11,487	26.91	4.85	$57,343
Nov 2002	57	10,680	24.66	4.14	$45,588
Oct 2002	14	9,795	26.46	4.23	$41,795
Sep 2002	15	8,709	27.44	3.64	$32,071
Aug 2002	14	9,921	25.96	3.16	$31,755
Jul 2002	15	12,169	24.58	3.06	$37,627
Jun 2002	12	2,659	23.73	3.34	$9,161
May 2002	18	4,840	24.66	3.58	$17,790
Apr 2002	17	5,257	23.65	3.51	$18,866
Mar 2002	14	4,134	22.00	3.10	$13,135
Feb 2002	17	4,240	18.22	2.38	$10,383
Jan 2002	26	8,664	17.17	2.38	$21,029
Dec 2001	23	7,910	16.93	2.36	$19,092
Nov 2001	22	8,232	18.07	2.41	$20,200
Oct 2001	58	9,252	19.78	2.53	$24,544
Sep 2001	57	8,533	24.26	2.25	$20,593
Aug 2001	65	10,692	24.87	3.05	$34,261
Jul 2001	64	10,411	23.93	3.20	$34,816
Jun 2001	65	11,185	24.56	3.82	$44,370
May 2001	70	11,651	25.52	4.31	$51,971
Apr 2001	25	10,813	24.68	5.34	$58,308
Mar 2001	33	10,998	24.54	5.38	$59,940
Feb 2001	40	10,429	27.75	5.77	$61,255
Jan 2001	38	12,935	27.47	8.40	$109,682
Dec 2000	34	13,072	26.88	9.12	$120,163
Nov 2000	33	12,569	32.21	5.66	$72,178
Oct 2000	50	13,970	31.23	5.15	$73,444
Sep 2000	63	12,986	31.87	5.19	$69,360
Aug 2000	75	13,375	29.64	4.54	$62,956
Jul 2000	76	14,097	28.53	4.09	$59,821
Jun 2000	64	13,932	29.30	4.40	$63,138
May 2000	83	14,887	27.26	3.68	$57,043
Apr 2000	100	15,132	24.51	3.12	$49,602
Mar 2000	109	16,631	28.42	2.86	$50,658
Feb 2000	99	15,000	27.62	2.73	$43,632
Jan 2000	88	14,948	25.27	2.48	$39,302
Dec 1999	76	15,138	24.28	2.42	$38,536
Nov 1999	77	12,362	23.19	2.43	$31,875
Oct 1999	67	17,708	20.98	2.80	$51,054
Sep 1999	73	16,402	21.75	2.62	$44,542
Aug 1999	89	16,331	19.26	2.88	$48,676
Jul 1999	100	18,256	17.89	2.37	$45,099
Jun 1999	89	19,201	15.94	2.36	$46,773
May 1999	118	20,391	15.79	2.32	$49,191
Apr 1999	160	20,252	15.10	2.21	$47,133
Mar 1999	144	21,015	12.47	1.84	$40,428
Feb 1999	158	19,576	9.98	1.82	$37,162
Jan 1999	161	22,198	10.38	1.90	$43,846
Dec 1998	162	23,062	9.20	1.77	$42,387
Nov 1998	153	23,009	10.89	2.19	$51,957
Oct 1998	136	24,300	12.42	1.97	$49,541
Sep 1998	110	24,884	12.59	2.08	$53,209
Aug 1998	113	27,126	11.30	1.91	$53,016
Jul 1998	124	28,271	11.74	2.24	$64,706
Jun 1998	129	28,909	11.24	2.24	$66,127
May 1998	117	30,567	12.62	2.21	$68,918
Apr 1998	100	31,696	13.04	2.51	$80,713
Mar 1998	98	34,055	12.80	2.31	$79,902
Feb 1998	102	29,260	13.95	2.30	$68,695
Jan 1998	119	33,098	14.70	2.15	$73,069
Dec 1997	132	35,261	16.32	2.41	$87,172
Nov 1997	77	35,125	18.19	3.09	$109,876
Oct 1997	67	35,559	19.25	3.15	$113,294
Sep 1997	65	37,115	17.74	2.95	$110,823
Aug 1997	70	41,610	17.86	2.55	$107,553
Jul 1997	92	45,758	17.58	2.25	$104,433
Jun 1997	112	47,756	17.24	2.26	$109,726
May 1997	267	52,667	18.97	2.31	$126,647
Apr 1997	366	57,041	17.88	2.08	$125,348
Mar 1997	252	65,047	18.95	1.94	$130,911
Feb 1997	260	63,411	20.49	2.21	$145,206
Jan 1997	384	77,578	23.48	3.54	$283,619
Dec 1996	559	87,778	23.32	—	$13,036
Nov 1996	1,094	86,165	21.97	—	$24,035
Oct 1996	1,379	103,676	23.31	—	$32,144
Sep 1996	1,677	123,103	22.22	—	$37,263
Aug 1996	1,579	122,443	20.26	—	$31,991
Jul 1996	1,759	127,867	19.55	—	$34,388
Jun 1996	1,769	122,124	18.73	—	$33,133
May 1996	1,906	120,931	19.43	—	$37,034
Apr 1996	364	34,064	21.51	—	$7,830

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.

Nov 2003 — as filed, then multipliedworked

Condensate             0 bbl  × $ 28.80 =         $0
Gas                   84 Mcf  × $  4.60 =       $386

────────────────────────────────────────────────────
Month total                                     $386

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/158339 is the state's own key, not one this site invented.