CLARK-SAIN

Operated by ABACO OPERATING, LLC (P-5 894) in the LOCO SUENO (VICKSBURG QE 1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198507District 04Field 543544652 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Nov 2003 – May 2018
Value, last 12 filed months
$735
at the published price for each month
Months reported
175
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 6 wells, and the rule below applies to all of them.

Discovered
2001-07-26
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 09/01/2002.

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 Gas112004-08-16158349
NGPA2none

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
CondensateDisposition7,497 bbl$340,920
GasProduction235,669 Mcf$1,427,289
Total$1,768,209

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 26.9028, -97.9535. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.90284, -97.95349 · 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
14,200 ft
1 wells filed one
Completion to plug
14.3 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 14,200 ft.

Completions filed
Nov 2003
1 of 1 wells
Plug dates filed
Feb 2018
1 of 1 wells

Last completion to plug: a median of 14.3 years across the 1 well that filed both dates, with the middle half between 14.3 years and 14.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-26131305514,200 ftNov 2003Feb 2018Yes

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 (175)

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

175 months

May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 201812061.222.79$735
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 2015627855.212.96$1,153
Apr 2015023749.822.71$641
Mar 2015023042.892.93$675
Feb 2015024344.662.98$723
Jan 2015033843.433.10$1,048
Dec 20141129454.693.59$1,657
Nov 2014430470.464.25$1,574
Oct 2014028378.303.90$1,104
Sep 2014129386.164.05$1,271
Aug 2014030289.394.04$1,219
Jul 2014332896.564.18$1,661
Jun 2014034598.164.74$1,634
May 20142133494.734.73$3,568
Apr 20141035695.944.81$2,671
Mar 2014742595.895.06$2,820
Feb 2014037297.406.19$2,303
Jan 20141545990.404.86$3,587
Dec 20131143591.824.35$2,904
Nov 2013035288.853.74$1,316
Oct 2013840997.423.78$2,325
Sep 20130329104.113.72$1,223
Aug 201318372104.253.52$3,187
Jul 201314347102.523.72$2,725
Jun 2013037094.403.93$1,455
May 20132143494.834.15$3,792
Apr 2013038893.964.28$1,662
Mar 20133647993.623.91$5,245
Feb 20131131091.233.42$2,064
Jan 20131740291.603.42$2,932
Dec 20121433986.773.42$2,374
Nov 20121937386.953.62$3,004
Oct 2012042989.383.40$1,458
Sep 20123351794.672.92$4,633
Aug 20123655792.662.91$4,956
Jul 2012056485.133.02$1,704
Jun 20123258379.822.52$4,023
May 20123651391.612.49$4,574
Apr 201229542101.652.00$4,030
Mar 201230466105.052.22$4,187
Feb 20120477101.102.57$1,226
Jan 20122948598.092.73$4,171
Dec 20114049596.873.24$5,478
Nov 20112947595.723.31$4,349
Oct 20112739584.983.65$3,736
Sep 2011041583.623.99$1,654
Aug 20113452883.404.15$5,026
Jul 2011056394.144.52$2,543
Jun 20113149492.904.64$5,172
May 20113055598.134.40$5,389
Apr 20112520105.964.33$2,465
Mar 20113458496.364.06$5,646
Feb 20112346185.644.18$3,897
Jan 2011151786.504.59$2,459
Dec 20101744885.734.35$3,405
Nov 20101042680.843.80$2,425
Oct 20101859778.103.51$3,501
Sep 20102153572.633.98$3,654
Aug 2010259873.684.42$2,790
Jul 20102661972.554.74$4,818
Jun 20101760570.364.91$4,167
May 20101564571.124.24$3,799
Apr 20102260981.694.12$4,308
Mar 20106463978.394.39$7,821
Feb 2010057773.585.44$3,140
Jan 20103865374.365.96$6,720
Dec 20093665871.445.48$6,180
Nov 20092361174.593.75$4,008
Oct 20092166272.544.11$4,244
Sep 20092564065.543.06$3,600
Aug 20091765267.423.22$3,245
Jul 20091868661.133.46$3,477
Jun 20091562066.163.90$3,407
May 20091466054.743.93$3,357
Apr 20091460546.773.59$2,825
Mar 20092666542.144.06$3,795
Feb 20092566932.814.63$3,920
Jan 20092574535.865.37$4,898
Dec 20082467537.105.98$4,925
Nov 20082063855.496.86$5,487
Oct 20082959675.246.92$6,307
Sep 200810766101.767.88$7,051
Aug 20084784114.228.48$7,108
Jul 20082617131.0811.39$7,289
Jun 20081745131.3313.03$9,841
May 20083838123.1711.57$10,069
Apr 20080882110.3110.45$9,221
Mar 20084945101.909.66$9,540
Feb 2008589492.538.77$8,304
Jan 2008398690.388.21$8,362
Dec 2007297888.337.30$7,318
Nov 2007685391.677.29$6,770
Oct 2007141,02182.856.92$8,227
Sep 2007988075.846.24$6,177
Aug 2007589069.066.39$6,031
Jul 2007781570.906.39$5,702
Jun 2007280962.007.55$6,231
May 20071490858.747.85$7,947
Apr 2007788459.617.81$7,317
Mar 20071593156.927.30$7,652
Feb 20072075755.108.22$7,322
Jan 2007591550.306.73$6,407
Dec 20061195156.656.92$7,203
Nov 20061099654.207.62$8,129
Oct 200651,04554.906.01$6,559
Sep 2006141,01860.085.04$5,969
Aug 2006131,12668.717.34$9,158
Jul 2006171,08869.376.34$8,080
Jun 200651,08966.286.38$7,283
May 2006201,19166.016.42$8,972
Apr 2006281,12664.397.36$10,091
Mar 2006191,12456.707.08$9,039
Feb 2006151,13557.597.75$9,661
Jan 2006261,34060.598.93$13,546
Dec 2005261,29954.9413.42$18,855
Nov 2005371,41554.6910.59$17,006
Oct 2005411,36558.3413.80$21,223
Sep 2005231,51561.4512.08$19,713
Aug 2005391,52661.519.80$17,349
Jul 2005621,81455.697.84$17,681
Jun 2005631,88152.337.38$17,181
May 2005612,05245.226.65$16,407
Apr 20051271,97349.207.36$20,771
Mar 2005872,08050.377.15$19,264
Feb 20051281,88545.226.31$17,686
Jan 20051313,01043.166.32$24,684
Dec 2004893,20539.866.75$25,185
Nov 20041402,91845.286.33$24,811
Oct 20041102,88749.706.52$24,276
Sep 20042065,10443.245.28$35,876
Aug 20043066,94442.375.55$51,509
Jul 20041565,92938.286.08$42,045
Jun 20042176,32136.106.43$48,497
May 20042176,63637.486.49$51,231
Apr 20044177,91334.475.86$60,732
Mar 20042959,81734.365.53$64,426
Feb 200444814,31932.455.51$93,430
Jan 200464719,25132.036.30$141,998
Dec 20031,22731,85430.266.30$237,861
Nov 200355920,80128.804.60$111,683

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.

Mar 2018 — as filed, then multipliedworked
Condensate            12 bbl  × $ 61.22 =       $735
Gas                    0 Mcf  × $  2.79 =         $0

────────────────────────────────────────────────────
Month total                                     $735

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/198507 is the state's own key, not one this site invented.