JENNINGS

Operated by XTO ENERGY INC. (P-5 945936) in the MARTINEZ (5TH HINNANT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 194535District 04Field 577959672 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.5 M
Mar 2003 – Nov 2012
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
117
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
2003-03-16
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: AOF-1 AND AOF-2 EFFECTIVE 11/01/2003.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112007-05-22175023
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition1 bbl$78
GasProduction2,983,022 Mcf$18,461,632
Total$18,461,710

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 27.1030, -98.9906. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.10303, -98.99063 · 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
12,537 ft
1 wells filed one
Completion to plug
6.8 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 12,537 ft.

Completions filed
Feb 2006
1 of 1 wells
Plug dates filed
Nov 2012
1 of 1 wells

Last completion to plug: a median of 6.8 years across the 1 well that filed both dates, with the middle half between 6.8 years and 6.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-50534050112,537 ftFeb 2006Nov 2012Yes

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 (117)

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

117 months

Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 201101,69896.873.24$5,501
Nov 201101,78295.723.31$5,901
Oct 201103,70384.983.65$13,511
Sep 201104,27283.623.99$17,027
Aug 201104,46483.404.15$18,523
Jul 201105,26994.144.52$23,801
Jun 201104,19292.904.64$19,450
May 201107,19398.134.40$31,684
Apr 201107,162105.964.33$31,035
Mar 201106,40596.364.06$25,987
Feb 2011043385.644.18$1,810
Jan 201104,22486.504.59$19,383
Dec 201004,64185.734.35$20,178
Nov 201004,93380.843.80$18,722
Oct 201014,74278.103.51$16,717
Sep 201004,93972.633.98$19,655
Aug 201005,15073.684.42$22,760
Jul 201006,05572.554.74$28,679
Jun 201005,64070.364.91$27,695
May 201001,33571.124.24$5,654
Apr 201003,31881.694.12$13,679
Mar 201006,14878.394.39$26,982
Feb 201005,75573.585.44$31,321
Jan 201007,49074.365.96$44,671
Dec 200907,67871.445.48$42,104
Nov 200906,37274.593.75$23,905
Oct 200904,87372.544.11$20,029
Sep 200906,05365.543.06$18,551
Aug 200907,09867.423.22$22,845
Jul 200906,97061.133.46$24,148
Jun 200903,58966.163.90$13,979
May 200905,61454.743.93$22,039
Apr 200906,97246.773.59$25,012
Mar 200903,60342.144.06$14,625
Feb 200904,34232.814.63$20,116
Jan 200908,22235.865.37$44,160
Dec 200806,89037.105.98$41,182
Nov 200808,84855.496.86$60,700
Oct 200809,16675.246.92$63,447
Sep 200809,966101.767.88$78,503
Aug 2008011,129114.228.48$94,408
Jul 2008011,908131.0811.39$135,625
Jun 2008013,736131.3313.03$179,016
May 200805,978123.1711.57$69,191
Apr 200807,044110.3110.45$73,644
Mar 200806,611101.909.66$63,889
Feb 200806,92592.538.77$60,736
Jan 200807,64090.388.21$62,692
Dec 200707,96988.337.30$58,189
Nov 200707,85891.677.29$57,298
Oct 2007011,24882.856.92$77,858
Sep 2007013,19875.846.24$82,410
Aug 2007011,76069.066.39$75,122
Jul 2007012,06270.906.39$77,051
Jun 2007011,57262.007.55$87,351
May 2007012,04558.747.85$94,508
Apr 2007010,81959.617.81$84,444
Mar 200709,19856.927.30$67,164
Feb 2007011,15855.108.22$91,674
Jan 200709,13350.306.73$61,436
Dec 200608,63556.656.92$59,741
Nov 200602,13354.207.62$16,248
Oct 200603,76654.906.01$22,648
Sep 200607,09060.085.04$35,714
Aug 2006011,49968.717.34$84,402
Jul 2006011,88669.376.34$75,390
Jun 2006014,50066.286.38$92,566
May 2006015,28866.016.42$98,225
Apr 2006012,37964.397.36$91,115
Mar 2006016,28256.707.08$115,324
Feb 2006017,93357.597.75$139,001
Jan 2006017,37360.598.93$155,199
Dec 2005018,91754.9413.42$253,779
Nov 2005019,47854.6910.59$206,241
Oct 2005022,53858.3413.80$310,929
Sep 2005024,81961.4512.08$299,789
Aug 2005028,37261.519.80$277,956
Jul 2005031,25855.697.84$245,177
Jun 2005033,44452.337.38$246,852
May 2005038,25545.226.65$254,440
Apr 2005038,82549.207.36$285,771
Mar 2005044,35750.377.15$317,369
Feb 2005045,90445.226.31$289,742
Jan 2005054,67243.166.32$345,647
Dec 2004058,45839.866.75$394,655
Nov 2004056,56645.286.33$358,087
Oct 2004050,61649.706.52$329,768
Sep 2004038,66143.245.28$204,281
Aug 2004055,19842.375.55$306,385
Jul 2004058,40838.286.08$355,365
Jun 2004058,13636.106.43$373,990
May 2004066,87037.486.49$434,293
Apr 2004068,83434.475.86$403,261
Mar 2004076,72634.365.53$424,306
Feb 2004078,36632.455.51$431,767
Jan 2004089,44032.036.30$563,440
Dec 20030116,57030.266.30$734,582
Nov 20030100,44428.804.60$461,556
Oct 20030110,92928.174.76$527,982
Sep 20030123,04326.314.75$584,376
Aug 20030152,95729.765.13$784,627
Jul 20030150,34329.415.17$777,400
Jun 20030139,42128.565.98$834,150
May 20030142,31826.595.97$850,020
Apr 20030150,03126.675.41$811,260
Mar 2003084,89431.146.10$517,517

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.

Dec 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 96.87 =         $0
Gas                1,698 Mcf  × $  3.24 =     $5,501

────────────────────────────────────────────────────
Month total                                   $5,501

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/194535 is the state's own key, not one this site invented.