BAFFIN BAY STATE TRACT 65

Name: BAFFIN BAY STATE TRACT 65 lease production and value, Dec 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WAPITI OPERATING, LLC (P-5 895805) in the BAFFIN BAY (FRIO LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 182345District 04Field 04951040CondensateGasSave Export

Value, all time

$11.7 M

Dec 2000 – Apr 2013

Value, last 12 filed months

at the published price for each month

Months reported

149

no gaps in the span

Streams

condensate, gas

The BAFFIN BAY (FRIO 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered

2000-12-16

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 0 acres. The field rule took effect on 2001-04-24.

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

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	6,846 bbl	$183,149
Gas	Production	2,096,208 Mcf	$11,501,603
Total			$11,684,752

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 27.2737, -97.6315. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.27371, -97.63153 · 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

16,500 ft

1 wells filed one

Completion to plug

11.3 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 16,500 ft.

Completions filed

Mar 2001

1 of 1 wells

Plug dates filed

Jun 2012

1 of 1 wells

Last completion to plug: a median of 11.3 years across the 1 well that filed both dates, with the middle half between 11.3 years and 11.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-26130727	2	16,500 ft	Mar 2001	Jun 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 (149)

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

149 months


Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	1	324	56.92	7.30	$2,423
Feb 2007	14	324	55.10	8.22	$3,433
Jan 2007	14	2,688	50.30	6.73	$18,786
Dec 2006	17	2,990	56.65	6.92	$21,649
Nov 2006	3	3,839	54.20	7.62	$29,406
Oct 2006	5	3,391	54.90	6.01	$20,667
Sep 2006	2	3,083	60.08	5.04	$15,650
Aug 2006	1	3,668	68.71	7.34	$26,992
Jul 2006	1	3,664	69.37	6.34	$23,309
Jun 2006	1	3,749	66.28	6.38	$23,999
May 2006	1	3,807	66.01	6.42	$24,526
Apr 2006	3	3,965	64.39	7.36	$29,377
Mar 2006	8	3,912	56.70	7.08	$28,162
Feb 2006	13	6,425	57.59	7.75	$50,550
Jan 2006	5	9,569	60.59	8.93	$85,786
Dec 2005	5	11,051	54.94	13.42	$148,528
Nov 2005	8	9,505	54.69	10.59	$101,080
Oct 2005	17	8,814	58.34	13.80	$122,588
Sep 2005	48	8,593	61.45	12.08	$106,744
Aug 2005	51	1,220	61.51	9.80	$15,089
Jul 2005	44	10,345	55.69	7.84	$83,593
Jun 2005	34	10,461	52.33	7.38	$78,992
May 2005	39	10,184	45.22	6.65	$69,499
Apr 2005	36	10,410	49.20	7.36	$78,394
Mar 2005	33	11,056	50.37	7.15	$80,767
Feb 2005	9	10,830	45.22	6.31	$68,765
Jan 2005	0	10,462	43.16	6.32	$66,143
Dec 2004	2	9,455	39.86	6.75	$63,911
Nov 2004	1	10,545	45.28	6.33	$66,800
Oct 2004	1	10,262	49.70	6.52	$66,908
Sep 2004	2	12,925	43.24	5.28	$68,381
Aug 2004	2	13,241	42.37	5.55	$73,581
Jul 2004	5	11,507	38.28	6.08	$70,202
Jun 2004	5	9,686	36.10	6.43	$62,491
May 2004	4	11,571	37.48	6.49	$75,299
Apr 2004	7	14,492	34.47	5.86	$85,142
Mar 2004	5	12,680	34.36	5.53	$70,294
Feb 2004	5	11,805	32.45	5.51	$65,203
Jan 2004	12	13,391	32.03	6.30	$84,743
Dec 2003	16	16,508	30.26	6.30	$104,512
Nov 2003	11	14,574	28.80	4.60	$67,287
Oct 2003	13	18,307	28.17	4.76	$87,501
Sep 2003	33	19,275	26.31	4.75	$92,412
Aug 2003	84	19,706	29.76	5.13	$103,586
Jul 2003	69	21,480	29.41	5.17	$113,099
Jun 2003	71	20,475	28.56	5.98	$124,529
May 2003	77	21,242	26.59	5.97	$128,919
Apr 2003	70	19,437	26.67	5.41	$106,968
Mar 2003	75	21,250	31.14	6.10	$131,876
Feb 2003	77	18,681	33.48	7.93	$150,641
Jan 2003	84	22,460	30.31	5.58	$127,919
Dec 2002	88	22,198	26.91	4.85	$110,112
Nov 2002	81	22,142	24.66	4.14	$93,598
Oct 2002	77	22,093	26.46	4.23	$95,471
Sep 2002	79	25,180	27.44	3.64	$93,702
Aug 2002	90	28,250	25.96	3.16	$91,724
Jul 2002	95	29,067	24.58	3.06	$91,331
Jun 2002	95	26,178	23.73	3.34	$89,643
May 2002	163	28,693	24.66	3.58	$106,855
Apr 2002	170	28,710	23.65	3.51	$104,859
Mar 2002	129	33,836	22.00	3.10	$107,822
Feb 2002	121	30,168	18.22	2.38	$73,874
Jan 2002	143	34,716	17.17	2.38	$84,929
Dec 2001	211	39,736	16.93	2.36	$97,524
Nov 2001	207	40,008	18.07	2.41	$99,981
Oct 2001	197	50,365	19.78	2.53	$131,264
Sep 2001	174	59,207	24.26	2.25	$137,515
Aug 2001	223	62,711	24.87	3.05	$197,013
Jul 2001	281	75,918	23.93	3.20	$249,440
Jun 2001	354	89,780	24.56	3.82	$352,027
May 2001	428	99,943	25.52	4.31	$441,409
Apr 2001	618	136,789	24.68	5.34	$745,065
Mar 2001	395	73,706	24.54	5.38	$405,969
Feb 2001	625	85,611	27.75	5.77	$511,069
Jan 2001	645	254,035	27.47	8.40	$2,151,297
Dec 2000	13	153,884	26.88	9.12	$1,404,156

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.

Mar 2007 — as filed, then multipliedworked

Condensate             1 bbl  × $ 56.92 =        $57
Gas                  324 Mcf  × $  7.30 =     $2,366

────────────────────────────────────────────────────
Month total                                   $2,423

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/182345 is the state's own key, not one this site invented.