VALDERAS GAS UNIT

Name: VALDERAS GAS UNIT lease production and value, Mar 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DEWBRE PETROLEUM CORPORATION (P-5 216748) in the MERCEDES (11000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 193927District 04Field 60538992CondensateGasSave Export

Value, all time

$14.2 M

Mar 2003 – Apr 2019

Value, last 12 filed months

$11 k

at the published price for each month

Months reported

194

no gaps in the span

Streams

condensate, gas

The MERCEDES (11000) 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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered

2003-03-12

as the register files it

Field class

Oil and 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: “AOF-1 AND AOF-2 EFFECTIVE 05/01/2007.”

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	24,027 bbl	$974,025
Gas	Production	2,071,034 Mcf	$13,275,472
Total			$14,249,497

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 26.2217, -97.9591. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.22171, -97.95912 · 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

11,200 ft

1 wells filed one

Completion to plug

15.6 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 11,200 ft.

Completions filed

Mar 2003

1 of 1 wells

Plug dates filed

Oct 2018

1 of 1 wells

Last completion to plug: a median of 15.6 years across the 1 well that filed both dates, with the middle half between 15.6 years and 15.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21533048	1	11,200 ft	Mar 2003	Oct 2018	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 (194)

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

194 months


Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	212	0	50.85	2.79	$10,780
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	3	47.52	3.09	$9
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	8	42.49	3.09	$25
May 2017	0	56	45.37	3.26	$183
Apr 2017	0	397	47.93	3.21	$1,275
Mar 2017	0	4	46.77	2.98	$12
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	56	49.41	3.42	$191
Dec 2016	0	136	48.76	3.72	$506
Nov 2016	0	121	42.49	2.64	$320
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	34	41.55	3.10	$105
Aug 2016	0	35	41.44	2.92	$102
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	168	42.52	1.99	$334
Apr 2016	0	1,061	36.56	1.99	$2,112
Mar 2016	0	242	33.01	1.79	$434
Feb 2016	0	1,842	26.47	2.06	$3,801
Jan 2016	0	2,080	27.35	2.36	$4,918
Dec 2015	0	1,896	32.36	2.00	$3,795
Nov 2015	0	1,755	38.79	2.17	$3,804
Oct 2015	0	1,463	43.55	2.43	$3,550
Sep 2015	0	1,689	42.99	2.76	$4,659
Aug 2015	0	1,822	40.16	2.87	$5,234
Jul 2015	0	3,297	48.15	2.95	$9,710
Jun 2015	0	3,052	56.15	2.88	$8,798
May 2015	0	3,597	55.21	2.96	$10,631
Apr 2015	168	3,146	49.82	2.71	$16,885
Mar 2015	0	3,252	42.89	2.93	$9,544
Feb 2015	0	2,866	44.66	2.98	$8,530
Jan 2015	0	2,947	43.43	3.10	$9,138
Dec 2014	0	2,642	54.69	3.59	$9,488
Nov 2014	0	1,398	70.46	4.25	$5,944
Oct 2014	0	571	78.30	3.90	$2,227
Sep 2014	0	2,505	86.16	4.05	$10,134
Aug 2014	0	3,153	89.39	4.04	$12,723
Jul 2014	0	2,665	96.56	4.18	$11,139
Jun 2014	0	1,674	98.16	4.74	$7,930
May 2014	37	1,454	94.73	4.73	$10,377
Apr 2014	0	1,297	95.94	4.81	$6,237
Mar 2014	0	1,083	95.89	5.06	$5,477
Feb 2014	0	1,006	97.40	6.19	$6,229
Jan 2014	0	824	90.40	4.86	$4,005
Dec 2013	0	1,272	91.82	4.35	$5,539
Nov 2013	0	1,659	88.85	3.74	$6,202
Oct 2013	0	1,717	97.42	3.78	$6,489
Sep 2013	0	1,335	104.11	3.72	$4,963
Aug 2013	0	1,788	104.25	3.52	$6,298
Jul 2013	36	2,626	102.52	3.72	$13,454
Jun 2013	34	2,640	94.40	3.93	$13,594
May 2013	0	3,126	94.83	4.15	$12,970
Apr 2013	100	1,561	93.96	4.28	$16,081
Mar 2013	0	4,133	93.62	3.91	$16,172
Feb 2013	0	3,610	91.23	3.42	$12,346
Jan 2013	0	3,279	91.60	3.42	$11,214
Dec 2012	0	3,908	86.77	3.42	$13,366
Nov 2012	0	3,668	86.95	3.62	$13,296
Oct 2012	0	4,519	89.38	3.40	$15,363
Sep 2012	107	4,379	94.67	2.92	$22,909
Aug 2012	0	4,452	92.66	2.91	$12,947
Jul 2012	0	4,474	85.13	3.02	$13,515
Jun 2012	0	4,443	79.82	2.52	$11,192
May 2012	0	4,429	91.61	2.49	$11,021
Apr 2012	0	5,124	101.65	2.00	$10,232
Mar 2012	0	4,088	105.05	2.22	$9,084
Feb 2012	0	3,884	101.10	2.57	$9,983
Jan 2012	108	2,379	98.09	2.73	$17,098
Dec 2011	0	2,251	96.87	3.24	$7,293
Nov 2011	0	2,069	95.72	3.31	$6,851
Oct 2011	0	2,920	84.98	3.65	$10,654
Sep 2011	0	3,186	83.62	3.99	$12,699
Aug 2011	0	3,633	83.40	4.15	$15,074
Jul 2011	0	4,235	94.14	4.52	$19,131
Jun 2011	0	4,266	92.90	4.64	$19,794
May 2011	0	4,408	98.13	4.40	$19,416
Apr 2011	0	5,578	105.96	4.33	$24,171
Mar 2011	0	5,325	96.36	4.06	$21,605
Feb 2011	82	4,675	85.64	4.18	$26,564
Jan 2011	124	4,651	86.50	4.59	$32,068
Dec 2010	102	6,971	85.73	4.35	$39,053
Nov 2010	0	7,038	80.84	3.80	$26,712
Oct 2010	0	7,469	78.10	3.51	$26,208
Sep 2010	86	7,294	72.63	3.98	$35,272
Aug 2010	0	7,335	73.68	4.42	$32,416
Jul 2010	0	6,597	72.55	4.74	$31,247
Jun 2010	0	5,187	70.36	4.91	$25,470
May 2010	0	5,165	71.12	4.24	$21,875
Apr 2010	0	5,778	81.69	4.12	$23,821
Mar 2010	0	6,366	78.39	4.39	$27,938
Feb 2010	0	5,234	73.58	5.44	$28,485
Jan 2010	0	4,595	74.36	5.96	$27,405
Dec 2009	0	3,991	71.44	5.48	$21,886
Nov 2009	0	4,928	74.59	3.75	$18,487
Oct 2009	0	4,669	72.54	4.11	$19,191
Sep 2009	0	4,855	65.54	3.06	$14,879
Aug 2009	21	5,442	67.42	3.22	$18,931
Jul 2009	15	4,353	61.13	3.46	$15,998
Jun 2009	0	1,973	66.16	3.90	$7,685
May 2009	0	1,842	54.74	3.93	$7,231
Apr 2009	0	2,115	46.77	3.59	$7,588
Mar 2009	0	2,522	42.14	4.06	$10,237
Feb 2009	0	2,591	32.81	4.63	$12,004
Jan 2009	0	2,781	35.86	5.37	$14,937
Dec 2008	0	2,608	37.10	5.98	$15,588
Nov 2008	2	2,722	55.49	6.86	$18,785
Oct 2008	4	2,727	75.24	6.92	$19,177
Sep 2008	0	2,792	101.76	7.88	$21,993
Aug 2008	0	2,905	114.22	8.48	$24,643
Jul 2008	0	3,190	131.08	11.39	$36,332
Jun 2008	0	3,110	131.33	13.03	$40,531
May 2008	4	3,788	123.17	11.57	$44,336
Apr 2008	4	3,634	110.31	10.45	$38,434
Mar 2008	4	4,512	101.90	9.66	$44,012
Feb 2008	3	4,106	92.53	8.77	$36,290
Jan 2008	3	3,983	90.38	8.21	$32,955
Dec 2007	5	3,996	88.33	7.30	$29,620
Nov 2007	12	4,065	91.67	7.29	$30,741
Oct 2007	12	4,739	82.85	6.92	$33,797
Sep 2007	16	4,846	75.84	6.24	$31,473
Aug 2007	19	5,082	69.06	6.39	$33,776
Jul 2007	33	5,359	70.90	6.39	$36,573
Jun 2007	47	5,994	62.00	7.55	$48,159
May 2007	13	6,051	58.74	7.85	$48,241
Apr 2007	0	6,235	59.61	7.81	$48,665
Mar 2007	10	6,407	56.92	7.30	$47,353
Feb 2007	7	5,324	55.10	8.22	$44,128
Jan 2007	64	7,392	50.30	6.73	$52,944
Dec 2006	0	6,303	56.65	6.92	$43,607
Nov 2006	36	8,560	54.20	7.62	$67,157
Oct 2006	0	7,903	54.90	6.01	$47,527
Sep 2006	165	10,466	60.08	5.04	$62,633
Aug 2006	130	13,035	68.71	7.34	$104,608
Jul 2006	40	16,523	69.37	6.34	$107,576
Jun 2006	204	16,152	66.28	6.38	$116,634
May 2006	269	17,977	66.01	6.42	$133,259
Apr 2006	11	18,320	64.39	7.36	$135,552
Mar 2006	97	20,283	56.70	7.08	$149,163
Feb 2006	68	18,348	57.59	7.75	$146,134
Jan 2006	119	20,500	60.59	8.93	$190,343
Dec 2005	117	20,906	54.94	13.42	$286,890
Nov 2005	142	19,366	54.69	10.59	$212,821
Oct 2005	245	27,009	58.34	13.80	$386,903
Sep 2005	274	41,154	61.45	12.08	$513,936
Aug 2005	307	52,777	61.51	9.80	$535,931
Jul 2005	346	50,575	55.69	7.84	$415,961
Jun 2005	437	52,267	52.33	7.38	$408,653
May 2005	559	57,246	45.22	6.65	$406,030
Apr 2005	365	56,256	49.20	7.36	$432,029
Mar 2005	375	58,616	50.37	7.15	$438,279
Feb 2005	377	53,060	45.22	6.31	$351,958
Jan 2005	566	58,167	43.16	6.32	$392,172
Dec 2004	373	58,635	39.86	6.75	$410,717
Nov 2004	374	49,793	45.28	6.33	$332,145
Oct 2004	483	36,445	49.70	6.52	$261,448
Sep 2004	708	46,401	43.24	5.28	$275,792
Aug 2004	556	51,925	42.37	5.55	$311,776
Jul 2004	950	54,961	38.28	6.08	$370,759
Jun 2004	730	54,560	36.10	6.43	$377,339
May 2004	901	57,933	37.48	6.49	$410,020
Apr 2004	1,224	67,191	34.47	5.86	$435,827
Mar 2004	1,441	63,537	34.36	5.53	$400,881
Feb 2004	1,344	58,477	32.45	5.51	$365,799
Jan 2004	1,296	60,472	32.03	6.30	$422,463
Dec 2003	1,319	58,564	30.26	6.30	$408,962
Nov 2003	1,095	50,140	28.80	4.60	$261,937
Oct 2003	931	44,238	28.17	4.76	$236,783
Sep 2003	929	37,940	26.31	4.75	$204,633
Aug 2003	377	16,513	29.76	5.13	$95,927
Jul 2003	550	17,794	29.41	5.17	$108,185
Jun 2003	747	19,280	28.56	5.98	$136,686
May 2003	563	17,982	26.59	5.97	$122,371
Apr 2003	393	14,043	26.67	5.41	$86,416
Mar 2003	0	6,796	31.14	6.10	$41,429

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.

Feb 2019 — as filed, then multipliedworked

Condensate           212 bbl  × $ 50.85 =    $10,780
Gas                    0 Mcf  × $  2.79 =         $0

────────────────────────────────────────────────────
Month total                                  $10,780

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/193927 is the state's own key, not one this site invented.