STATE TRACT 433 GAS UNIT

Name: STATE TRACT 433 GAS UNIT lease production and value, May 2002 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SOUTHWESTERN ENERGY PROD. CO. (P-5 806668) in the SHAMROCK COVE, E. (22 SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 189856District 04Field 82638490CondensateGasSave Export

Value, all time

$7.7 M

May 2002 – Sep 2006

Value, last 12 filed months

$447 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The SHAMROCK COVE, E. (22 SAND) 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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered

1985-12-03

as the register files it

Field class

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: “ALLOCATION FORMULA EFFECTIVE 10/01/2005.”

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	9,090 bbl	$311,228
Gas	Production	1,310,765 Mcf	$7,416,203
Total			$7,727,431

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 27.7435, -97.1422. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.74355, -97.14222 · 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

10,083 ft

1 wells filed one

Completion to plug

2.3 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 10,083 ft.

Completions filed

Nov 2010

1 of 1 wells

Plug dates filed

Mar 2013

1 of 1 wells

Last completion to plug: a median of 2.3 years across the 1 well that filed both dates, with the middle half between 2.3 years and 2.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-35533437	1	10,083 ft	Nov 2010	Mar 2013	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 (53)

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

53 months


Sep 2006	55	0	60.08	5.04	$3,304
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	8	3,038	66.28	6.38	$19,924
May 2006	168	3,799	66.01	6.42	$35,498
Apr 2006	18	4,338	64.39	7.36	$33,089
Mar 2006	4	4,360	56.70	7.08	$31,108
Feb 2006	3	2,713	57.59	7.75	$21,202
Jan 2006	36	4,312	60.59	8.93	$40,702
Dec 2005	12	7,661	54.94	13.42	$103,435
Nov 2005	1	7,877	54.69	10.59	$83,460
Oct 2005	9	5,419	58.34	13.80	$75,284
Sep 2005	193	5,911	61.45	12.08	$83,259
Aug 2005	14	7,325	61.51	9.80	$72,623
Jul 2005	66	21,410	55.69	7.84	$171,608
Jun 2005	290	22,193	52.33	7.38	$178,983
May 2005	227	22,670	45.22	6.65	$161,047
Apr 2005	61	22,039	49.20	7.36	$165,219
Mar 2005	228	22,846	50.37	7.15	$174,945
Feb 2005	205	21,391	45.22	6.31	$144,288
Jan 2005	22	22,684	43.16	6.32	$144,362
Dec 2004	37	21,313	39.86	6.75	$145,361
Nov 2004	224	23,410	45.28	6.33	$158,338
Oct 2004	2	26,110	49.70	6.52	$170,209
Sep 2004	192	23,565	43.24	5.28	$132,817
Aug 2004	214	24,985	42.37	5.55	$147,750
Jul 2004	33	24,483	38.28	6.08	$150,222
Jun 2004	219	26,730	36.10	6.43	$179,861
May 2004	39	32,284	37.48	6.49	$211,133
Apr 2004	227	30,053	34.47	5.86	$183,889
Mar 2004	237	35,078	34.36	5.53	$202,130
Feb 2004	230	32,820	32.45	5.51	$188,289
Jan 2004	233	34,963	32.03	6.30	$227,717
Dec 2003	379	35,767	30.26	6.30	$236,859
Nov 2003	215	35,443	28.80	4.60	$169,058
Oct 2003	189	37,406	28.17	4.76	$183,363
Sep 2003	395	38,443	26.31	4.75	$192,972
Aug 2003	203	45,488	29.76	5.13	$239,382
Jul 2003	382	45,431	29.41	5.17	$246,151
Jun 2003	355	49,522	28.56	5.98	$306,427
May 2003	560	59,857	26.59	5.97	$372,397
Apr 2003	593	71,108	26.67	5.41	$400,316
Mar 2003	405	38,373	31.14	6.10	$246,535
Feb 2003	27	20,107	33.48	7.93	$160,270
Jan 2003	200	26,572	30.31	5.58	$154,388
Dec 2002	187	20,122	26.91	4.85	$102,700
Nov 2002	20	23,650	24.66	4.14	$98,332
Oct 2002	188	28,141	26.46	4.23	$123,986
Sep 2002	197	30,454	27.44	3.64	$116,112
Aug 2002	540	37,939	25.96	3.16	$134,063
Jul 2002	197	46,033	24.58	3.06	$145,784
Jun 2002	351	53,484	23.73	3.34	$186,872
May 2002	0	19,645	24.66	3.58	$70,408

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 2006 — as filed, then multipliedworked

Condensate            55 bbl  × $ 60.08 =     $3,304
Gas                    0 Mcf  × $  5.04 =         $0

────────────────────────────────────────────────────
Month total                                   $3,304

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/189856 is the state's own key, not one this site invented.