FLOYD-PATTERSON UNIT

Operated by VENTEX OPERATING CORP. (P-5 884527) in the MAGNOLIA CITY, N. (FRIO 4070) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 191699District 04Field 56741173CondensateGasSaveExport
Value, all time
$3.7 M
Jun 2002 – Jan 2012
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
116
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
2002-06-09
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 160 acres. The field rule took effect on 2003-02-11.

The Commission's schedule remark for this field reads: PER DOCKET # 04-0239002 FIELD RULED MADE PERMANENT.

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
CondensateDisposition196 bbl$6,972
GasProduction697,567 Mcf$3,731,225
Total$3,738,196

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 27.6799, -97.9913. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.67993, -97.99135 · 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
5,800 ft
1 wells filed one
Completion to plug
3.9 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 5,800 ft.

Completions filed
Jun 2002
1 of 1 wells
Plug dates filed
May 2006
1 of 1 wells

Last completion to plug: a median of 3.9 years across the 1 well that filed both dates, with the middle half between 3.9 years and 3.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2493241215,800 ftJun 2002May 2006Yes

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 (116)

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

116 months

Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 201120084.983.65$1,700
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 2005050061.519.80$4,898
Jul 200502,36755.697.84$18,566
Jun 200503,07452.337.38$22,689
May 200503,59945.226.65$23,938
Apr 200504,33949.207.36$31,937
Mar 200502,73450.377.15$19,561
Feb 200504,21545.226.31$26,605
Jan 20050043.166.32$0
Dec 200404,26239.866.75$28,773
Nov 200405,02245.286.33$31,791
Oct 200405,47149.706.52$35,644
Sep 200407,30143.245.28$38,578
Aug 200408,97742.375.55$49,828
Jul 200409,94938.286.08$60,532
Jun 2004013,06636.106.43$84,054
May 2004018,16437.486.49$117,968
Apr 200407,74334.475.86$45,362
Mar 200407,76634.365.53$42,947
Feb 2004014,77032.455.51$81,377
Jan 2004015,56932.036.30$98,079
Dec 200316116,63230.266.30$109,681
Nov 2003025,78728.804.60$118,495
Oct 2003032,05328.174.76$152,561
Sep 2003030,53626.314.75$145,026
Aug 2003032,21429.765.13$165,249
Jul 2003037,25529.415.17$192,640
Jun 2003036,68028.565.98$219,455
May 2003040,11826.595.97$239,612
Apr 20031540,80326.675.41$221,033
Mar 2003041,29731.146.10$251,748
Feb 2003028,69833.487.93$227,457
Jan 2003030,24030.315.58$168,801
Dec 2002030,79026.914.85$149,447
Nov 2002031,74424.664.14$131,324
Oct 2002033,55726.464.23$141,917
Sep 2002035,11827.443.64$127,661
Aug 2002035,03825.963.16$110,866
Jul 20020024.583.06$0
Jun 2002011923.733.34$397

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.

Oct 2011 — as filed, then multipliedworked
Condensate            20 bbl  × $ 84.98 =     $1,700
Gas                    0 Mcf  × $  3.65 =         $0

────────────────────────────────────────────────────
Month total                                   $1,700

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/191699 is the state's own key, not one this site invented.