BAFFIN BAY STATE GAS UNIT NO. 3

Name: BAFFIN BAY STATE GAS UNIT NO. 3 lease production and value, Aug 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HEADINGTON ENERGY PARTNERS, LLC (P-5 370061) in the BAFFIN BAY (FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198151District 04Field 049510202 tax incentive programmesCondensateGasSave Export

Value, all time

$45.9 M

Aug 2003 – Dec 2018

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

185

no gaps in the span

Streams

condensate, gas

The BAFFIN BAY (FRIO) 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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered

2001-10-08

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 40 acres. The field rule took effect on 2003-08-05.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 06/01/2015.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2004-11-01	159524
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	29,609 bbl	$1,604,294
Gas	Production	6,511,569 Mcf	$44,295,202
Total			$45,899,496

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 27.2650, -97.6295. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.26497, -97.62953 · 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

18,800 ft

1 wells filed one

Completion to plug

15.0 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 18,800 ft.

Completions filed

Dec 2003

1 of 1 wells

Plug dates filed

Dec 2018

1 of 1 wells

Last completion to plug: a median of 15.0 years across the 1 well that filed both dates, with the middle half between 15.0 years and 15.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-26131311	6	18,800 ft	Dec 2003	Dec 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 (185)

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

185 months


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	758	62.87	4.01	$3,039
Dec 2017	0	4,554	57.27	2.92	$13,305
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	7	0	54.74	3.93	$383
Apr 2009	109	2,670	46.77	3.59	$14,677
Mar 2009	192	31,671	42.14	4.06	$136,643
Feb 2009	219	29,144	32.81	4.63	$142,210
Jan 2009	88	29,291	35.86	5.37	$160,478
Dec 2008	43	33,345	37.10	5.98	$200,903
Nov 2008	13	23,155	55.49	6.86	$159,573
Oct 2008	158	38,807	75.24	6.92	$280,509
Sep 2008	74	36,759	101.76	7.88	$297,084
Aug 2008	201	38,014	114.22	8.48	$345,432
Jul 2008	684	35,066	131.08	11.39	$489,040
Jun 2008	812	35,962	131.33	13.03	$575,319
May 2008	369	39,278	123.17	11.57	$500,065
Apr 2008	216	40,846	110.31	10.45	$450,866
Mar 2008	661	40,593	101.90	9.66	$459,649
Feb 2008	37	40,195	92.53	8.77	$355,957
Jan 2008	120	46,696	90.38	8.21	$394,020
Dec 2007	174	48,018	88.33	7.30	$365,995
Nov 2007	90	39,388	91.67	7.29	$295,456
Oct 2007	111	40,778	82.85	6.92	$291,461
Sep 2007	160	42,866	75.84	6.24	$279,797
Aug 2007	201	44,903	69.06	6.39	$300,719
Jul 2007	301	47,160	70.90	6.39	$322,596
Jun 2007	133	49,441	62.00	7.55	$381,449
May 2007	259	49,145	58.74	7.85	$400,819
Apr 2007	307	49,141	59.61	7.81	$401,856
Mar 2007	460	53,011	56.92	7.30	$413,268
Feb 2007	154	48,625	55.10	8.22	$407,988
Jan 2007	248	54,612	50.30	6.73	$379,841
Dec 2006	226	55,753	56.65	6.92	$398,527
Nov 2006	438	54,135	54.20	7.62	$436,112
Oct 2006	521	59,682	54.90	6.01	$387,519
Sep 2006	173	59,392	60.08	5.04	$309,563
Aug 2006	182	63,706	68.71	7.34	$480,102
Jul 2006	359	60,782	69.37	6.34	$410,429
Jun 2006	302	60,740	66.28	6.38	$407,773
May 2006	288	63,439	66.01	6.42	$426,606
Apr 2006	197	63,546	64.39	7.36	$480,414
Mar 2006	129	67,139	56.70	7.08	$482,854
Feb 2006	235	63,290	57.59	7.75	$504,102
Jan 2006	447	73,647	60.59	8.93	$684,996
Dec 2005	352	79,980	54.94	13.42	$1,092,303
Nov 2005	419	76,651	54.69	10.59	$834,527
Oct 2005	468	86,038	58.34	13.80	$1,214,263
Sep 2005	467	75,271	61.45	12.08	$937,896
Aug 2005	683	91,987	61.51	9.80	$943,193
Jul 2005	600	94,669	55.69	7.84	$775,964
Jun 2005	535	94,143	52.33	7.38	$722,870
May 2005	642	96,348	45.22	6.65	$669,857
Apr 2005	579	98,248	49.20	7.36	$751,639
Mar 2005	683	109,158	50.37	7.15	$815,415
Feb 2005	672	101,359	45.22	6.31	$670,158
Jan 2005	772	122,252	43.16	6.32	$806,221
Dec 2004	782	127,956	39.86	6.75	$895,012
Nov 2004	720	134,140	45.28	6.33	$881,764
Oct 2004	643	144,713	49.70	6.52	$974,777
Sep 2004	633	135,221	43.24	5.28	$741,865
Aug 2004	469	149,525	42.37	5.55	$849,834
Jul 2004	473	184,533	38.28	6.08	$1,140,838
Jun 2004	633	182,837	36.10	6.43	$1,199,045
May 2004	714	224,252	37.48	6.49	$1,483,183
Apr 2004	1,341	209,693	34.47	5.86	$1,274,702
Mar 2004	814	264,489	34.36	5.53	$1,490,630
Feb 2004	883	295,401	32.45	5.51	$1,656,201
Jan 2004	1,555	430,892	32.03	6.30	$2,764,271
Dec 2003	1,513	451,512	30.26	6.30	$2,891,049
Nov 2003	459	367,151	28.80	4.60	$1,700,337
Oct 2003	363	119,370	28.17	4.76	$578,384
Sep 2003	644	104,637	26.31	4.75	$513,902
Aug 2003	0	0	29.76	5.13	$0

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.

Jan 2018 — as filed, then multipliedworked

Condensate             0 bbl  × $ 62.87 =         $0
Gas                  758 Mcf  × $  4.01 =     $3,039

────────────────────────────────────────────────────
Month total                                   $3,039

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/198151 is the state's own key, not one this site invented.