MIL PESOS

Operated by MESTENA OPERATING, LTD. (P-5 562072) in the PRIMAVERA (5500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 195221District 04Field 73177600CondensateGasSaveExport
Value, all time
$1.8 M
Mar 2003 – Nov 2005
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
33
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 6 leases and 9 wells, and the rule below applies to all of them.

Discovered
2003-03-24
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: ALLOCATION FORMULA EFFECTIVE 09/01/2003.

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
CondensateDisposition10,460 bbl$313,053
GasProduction265,819 Mcf$1,467,216
Total$1,780,268

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 26.9251, -98.3601. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.92514, -98.36010 · 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
6,250 ft
1 wells filed one
Completion to plug
7 months
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 6,250 ft.

Completions filed
Aug 2004
1 of 1 wells
Plug dates filed
Mar 2005
1 of 1 wells

Last completion to plug: a median of 7 months across the 1 well that filed both dates, with the middle half between 7 months and 7 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0473204516,250 ftAug 2004Mar 2005Yes

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 (33)

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

33 months

Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 2005100061.4512.08$6,145
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 2005197045.226.65$8,908
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 200403634.475.86$211
Mar 20043563,21334.365.53$30,001
Feb 200485110,08132.455.51$83,157
Jan 200497016,71432.036.30$136,361
Dec 20031,91323,33530.266.30$204,936
Nov 20037234,62728.804.60$42,084
Oct 20031,37016,36028.174.76$116,461
Sep 20031,19627,77226.314.75$163,366
Aug 200356932,32529.765.13$182,752
Jul 200339134,34529.415.17$189,092
Jun 200367833,89328.565.98$222,144
May 200358328,02826.595.97$182,904
Apr 200356324,94226.675.41$149,884
Mar 2003010,14831.146.10$61,863

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 2005 — as filed, then multipliedworked
Condensate           100 bbl  × $ 61.45 =     $6,145
Gas                    0 Mcf  × $ 12.08 =         $0

────────────────────────────────────────────────────
Month total                                   $6,145

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/195221 is the state's own key, not one this site invented.