PHELPS-NEBLETT

Name: PHELPS-NEBLETT lease production and value, Apr 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DENALI OIL & GAS MANAGEMENT, LLC (P-5 215333) in the HAYNES (HINNANT CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 173031District 04Field 39818175GasSave Export

Value, all time

$408 k

Apr 1999 – May 2012

Value, last 12 filed months

at the published price for each month

Months reported

158

no gaps in the span

Streams

gas

The HAYNES (HINNANT CONS.) 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 66 leases and 66 wells, and the rule below applies to all of them.

Discovered

1999-06-29

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 40 acres. The field rule took effect on 2012-04-10.

The Commission's schedule remark for this field reads: “SPACING AND ALLOCATION FORMULA REMAINS 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
Gas	Production	79,967 Mcf	$408,030
Total			$408,030

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 26.9817, -99.0393. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.98167, -99.03927 · 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

100.0%

1 of 1 wells

Median depth

12,416 ft

1 wells filed one

Completion to plug

13.1 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 12,416 ft.

Completions filed

Apr 1999

1 of 1 wells

Plug dates filed

May 2012

1 of 1 wells

Last completion to plug: a median of 13.1 years across the 1 well that filed both dates, with the middle half between 13.1 years and 13.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-50532361	1	12,416 ft	Apr 1999	May 2012	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 (158)

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

158 months


May 2012	0	91.61	2.49	$0
Apr 2012	0	101.65	2.00	$0
Mar 2012	0	105.05	2.22	$0
Feb 2012	0	101.10	2.57	$0
Jan 2012	0	98.09	2.73	$0
Dec 2011	0	96.87	3.24	$0
Nov 2011	0	95.72	3.31	$0
Oct 2011	0	84.98	3.65	$0
Sep 2011	0	83.62	3.99	$0
Aug 2011	0	83.40	4.15	$0
Jul 2011	0	94.14	4.52	$0
Jun 2011	0	92.90	4.64	$0
May 2011	0	98.13	4.40	$0
Apr 2011	0	105.96	4.33	$0
Mar 2011	0	96.36	4.06	$0
Feb 2011	0	85.64	4.18	$0
Jan 2011	0	86.50	4.59	$0
Dec 2010	0	85.73	4.35	$0
Nov 2010	0	80.84	3.80	$0
Oct 2010	0	78.10	3.51	$0
Sep 2010	86	72.63	3.98	$342
Aug 2010	409	73.68	4.42	$1,808
Jul 2010	505	72.55	4.74	$2,392
Jun 2010	511	70.36	4.91	$2,509
May 2010	474	71.12	4.24	$2,007
Apr 2010	374	81.69	4.12	$1,542
Mar 2010	424	78.39	4.39	$1,861
Feb 2010	369	73.58	5.44	$2,008
Jan 2010	448	74.36	5.96	$2,672
Dec 2009	342	71.44	5.48	$1,875
Nov 2009	501	74.59	3.75	$1,880
Oct 2009	374	72.54	4.11	$1,537
Sep 2009	352	65.54	3.06	$1,079
Aug 2009	404	67.42	3.22	$1,300
Jul 2009	433	61.13	3.46	$1,500
Jun 2009	446	66.16	3.90	$1,737
May 2009	401	54.74	3.93	$1,574
Apr 2009	458	46.77	3.59	$1,643
Mar 2009	487	42.14	4.06	$1,977
Feb 2009	397	32.81	4.63	$1,839
Jan 2009	422	35.86	5.37	$2,267
Dec 2008	494	37.10	5.98	$2,953
Nov 2008	469	55.49	6.86	$3,218
Oct 2008	626	75.24	6.92	$4,333
Sep 2008	603	101.76	7.88	$4,750
Aug 2008	441	114.22	8.48	$3,741
Jul 2008	465	131.08	11.39	$5,296
Jun 2008	475	131.33	13.03	$6,191
May 2008	562	123.17	11.57	$6,505
Apr 2008	488	110.31	10.45	$5,102
Mar 2008	509	101.90	9.66	$4,919
Feb 2008	474	92.53	8.77	$4,157
Jan 2008	315	90.38	8.21	$2,585
Dec 2007	187	88.33	7.30	$1,365
Nov 2007	679	91.67	7.29	$4,951
Oct 2007	0	82.85	6.92	$0
Sep 2007	0	75.84	6.24	$0
Aug 2007	97	69.06	6.39	$620
Jul 2007	186	70.90	6.39	$1,188
Jun 2007	261	62.00	7.55	$1,970
May 2007	238	58.74	7.85	$1,867
Apr 2007	140	59.61	7.81	$1,093
Mar 2007	148	56.92	7.30	$1,081
Feb 2007	127	55.10	8.22	$1,043
Jan 2007	181	50.30	6.73	$1,218
Dec 2006	222	56.65	6.92	$1,536
Nov 2006	135	54.20	7.62	$1,028
Oct 2006	403	54.90	6.01	$2,424
Sep 2006	159	60.08	5.04	$801
Aug 2006	2,987	68.71	7.34	$21,924
Jul 2006	422	69.37	6.34	$2,677
Jun 2006	194	66.28	6.38	$1,238
May 2006	276	66.01	6.42	$1,773
Apr 2006	217	64.39	7.36	$1,597
Mar 2006	48	56.70	7.08	$340
Feb 2006	97	57.59	7.75	$752
Jan 2006	166	60.59	8.93	$1,483
Dec 2005	92	54.94	13.42	$1,234
Nov 2005	89	54.69	10.59	$942
Oct 2005	49	58.34	13.80	$676
Sep 2005	307	61.45	12.08	$3,708
Aug 2005	352	61.51	9.80	$3,448
Jul 2005	399	55.69	7.84	$3,130
Jun 2005	611	52.33	7.38	$4,510
May 2005	638	45.22	6.65	$4,243
Apr 2005	665	49.20	7.36	$4,895
Mar 2005	538	50.37	7.15	$3,849
Feb 2005	882	45.22	6.31	$5,567
Jan 2005	669	43.16	6.32	$4,230
Dec 2004	715	39.86	6.75	$4,827
Nov 2004	702	45.28	6.33	$4,444
Oct 2004	607	49.70	6.52	$3,955
Sep 2004	690	43.24	5.28	$3,646
Aug 2004	609	42.37	5.55	$3,380
Jul 2004	672	38.28	6.08	$4,089
Jun 2004	687	36.10	6.43	$4,419
May 2004	718	37.48	6.49	$4,663
Apr 2004	746	34.47	5.86	$4,370
Mar 2004	723	34.36	5.53	$3,998
Feb 2004	641	32.45	5.51	$3,532
Jan 2004	513	32.03	6.30	$3,232
Dec 2003	466	30.26	6.30	$2,937
Nov 2003	594	28.80	4.60	$2,730
Oct 2003	591	28.17	4.76	$2,813
Sep 2003	455	26.31	4.75	$2,161
Aug 2003	542	29.76	5.13	$2,780
Jul 2003	710	29.41	5.17	$3,671
Jun 2003	627	28.56	5.98	$3,751
May 2003	745	26.59	5.97	$4,450
Apr 2003	548	26.67	5.41	$2,963
Mar 2003	585	31.14	6.10	$3,566
Feb 2003	512	33.48	7.93	$4,058
Jan 2003	563	30.31	5.58	$3,143
Dec 2002	695	26.91	4.85	$3,373
Nov 2002	553	24.66	4.14	$2,288
Oct 2002	737	26.46	4.23	$3,117
Sep 2002	701	27.44	3.64	$2,548
Aug 2002	857	25.96	3.16	$2,712
Jul 2002	1,060	24.58	3.06	$3,245
Jun 2002	954	23.73	3.34	$3,185
May 2002	816	24.66	3.58	$2,925
Apr 2002	564	23.65	3.51	$1,981
Mar 2002	514	22.00	3.10	$1,595
Feb 2002	858	18.22	2.38	$2,038
Jan 2002	649	17.17	2.38	$1,542
Dec 2001	659	16.93	2.36	$1,558
Nov 2001	522	18.07	2.41	$1,256
Oct 2001	620	19.78	2.53	$1,568
Sep 2001	632	24.26	2.25	$1,423
Aug 2001	770	24.87	3.05	$2,351
Jul 2001	599	23.93	3.20	$1,915
Jun 2001	822	24.56	3.82	$3,143
May 2001	1,140	25.52	4.31	$4,910
Apr 2001	715	24.68	5.34	$3,815
Mar 2001	644	24.54	5.38	$3,462
Feb 2001	597	27.75	5.77	$3,443
Jan 2001	639	27.47	8.40	$5,367
Dec 2000	871	26.88	9.12	$7,946
Nov 2000	472	32.21	5.66	$2,671
Oct 2000	1,141	31.23	5.15	$5,871
Sep 2000	577	31.87	5.19	$2,993
Aug 2000	978	29.64	4.54	$4,441
Jul 2000	1,119	28.53	4.09	$4,576
Jun 2000	940	29.30	4.40	$4,133
May 2000	1,095	27.26	3.68	$4,029
Apr 2000	1,181	24.51	3.12	$3,680
Mar 2000	145	28.42	2.86	$415
Feb 2000	800	27.62	2.73	$2,181
Jan 2000	668	25.27	2.48	$1,657
Dec 1999	762	24.28	2.42	$1,847
Nov 1999	903	23.19	2.43	$2,198
Oct 1999	1,108	20.98	2.80	$3,107
Sep 1999	1,016	21.75	2.62	$2,661
Aug 1999	1,499	19.26	2.88	$4,311
Jul 1999	1,317	17.89	2.37	$3,124
Jun 1999	0	15.94	2.36	$0
May 1999	1,648	15.79	2.32	$3,825
Apr 1999	2,050	15.10	2.21	$4,527

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.

Sep 2010 — as filed, then multipliedworked

Gas                   86 Mcf  × $  3.98 =       $342

────────────────────────────────────────────────────
Month total                                     $342

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/173031 is the state's own key, not one this site invented.