BLOOMBERG

Operated by APACHE CORPORATION (P-5 27200) in the FLORES, W. (VKSBRG, GEOPRESSURE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 170027District 04Field 315457902 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Aug 1998 – Aug 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
169
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 100 leases and 100 wells, and the rule below applies to all of them.

Discovered
1996-08-24
as the register files it
Field class
Gas
the register's own label
Between wells
660 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 2008-07-29.

The Commission's schedule remark for this field reads: REMAIN SUSPENDED.

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 Gas111998-10-15139442
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
CondensateDisposition4,116 bbl$66,339
GasProduction439,398 Mcf$1,211,599
Total$1,277,938

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 26.4072, -98.5214. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.40716, -98.52142 · 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
9,800 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 9,800 ft.

Completions filed
Mar 2003
1 of 1 wells
Plug dates filed
Aug 2012
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

42-42733099169,800 ftMar 2003Aug 2012Yes

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 (169)

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

169 months

Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
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 20070070.906.39$0
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 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20041045.286.33$45
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20041042.375.55$42
Jul 20044038.286.08$153
Jun 20046036.106.43$217
May 2004164637.486.49$898
Apr 2004392034.475.86$1,462
Mar 20042073034.365.53$4,724
Feb 20041568432.455.51$4,255
Jan 2004141,15132.036.30$7,699
Dec 200391,58030.266.30$10,229
Nov 2003820928.804.60$1,191
Oct 20036028.174.76$169
Sep 2003393626.314.75$1,197
Aug 2003361,12229.765.13$6,827
Jul 2003392,44929.415.17$13,810
Jun 2003673,40628.565.98$22,291
May 2003844,25826.595.97$27,665
Apr 2003257,02626.675.41$38,658
Mar 2003163,84531.146.10$23,938
Feb 200351233.487.93$263
Jan 20032628030.315.58$2,351
Dec 20022851826.914.85$3,268
Nov 20024024.664.14$99
Oct 200271,60926.464.23$6,990
Sep 2002076027.443.64$2,763
Aug 200241,19225.963.16$3,876
Jul 2002201,03024.583.06$3,645
Jun 200231,34323.733.34$4,554
May 2002101,90224.663.58$7,063
Apr 200261,31523.653.51$4,761
Mar 20022261022.003.10$2,377
Feb 200281,11218.222.38$2,788
Jan 2002181,99717.172.38$5,053
Dec 2001131,04416.932.36$2,689
Nov 2001151,21518.072.41$3,194
Oct 200191,66619.782.53$4,391
Sep 2001101,04524.262.25$2,595
Aug 200142,16824.873.05$6,719
Jul 2001184,32523.933.20$14,258
Jun 200191,50224.563.82$5,965
May 200162,08025.524.31$9,112
Apr 2001131,43924.685.34$7,998
Mar 2001323,81724.545.38$21,307
Feb 2001123,20527.755.77$18,816
Jan 2001273,59127.478.40$30,902
Dec 20001744626.889.12$4,526
Nov 2000153,16832.215.66$18,408
Oct 200003,04431.235.15$15,663
Sep 200085,28631.875.19$27,671
Aug 200096,18529.644.54$28,351
Jul 200053,28628.534.09$13,582
Jun 200023,29429.304.40$14,543
May 200095,49927.263.68$20,480
Apr 200065,72024.513.12$17,971
Mar 200013,66728.422.86$10,515
Feb 2000377,09527.622.73$20,366
Jan 2000205,87925.272.48$15,088
Dec 1999166,74124.282.42$16,727
Nov 19996910,61123.192.43$27,427
Oct 19997716,29520.982.80$47,302
Sep 1999102,53221.752.62$6,848
Aug 199911614,34219.262.88$43,476
Jul 19995110,55417.892.37$25,950
Jun 19998613,04515.942.36$32,184
May 199914219,23915.792.32$46,896
Apr 19991009,29015.102.21$22,023
Mar 199917016,34412.471.84$32,166
Feb 19991049,3449.981.82$18,023
Jan 199923621,00310.381.90$42,354
Dec 199826924,8439.201.77$46,529
Nov 199834730,47410.892.19$70,386
Oct 199852143,14512.421.97$91,432
Sep 199870656,92912.592.08$127,450
Aug 199819314,75911.301.91$30,331

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 2004 — as filed, then multipliedworked
Condensate             1 bbl  × $ 45.28 =        $45
Gas                    0 Mcf  × $  6.33 =         $0

────────────────────────────────────────────────────
Month total                                      $45

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/170027 is the state's own key, not one this site invented.