BAFFIN BAY STATE GAS UNIT NO. 3

Name: BAFFIN BAY STATE GAS UNIT NO. 3 lease production and value, Jan 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HEADINGTON OIL COMPANY LLC (P-5 370070) 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 200541District 04Field 049510202 tax incentive programmesCondensateGasSave Export

Value, all time

$14.4 M

Jan 2004 – Sep 2013

Value, last 12 filed months

$677

at the published price for each month

Months reported

117

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	2005-08-16	159520
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	19,261 bbl	$910,240
Gas	Production	2,006,093 Mcf	$13,494,098
Total			$14,404,338

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 27.2588, -97.6369. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.25877, -97.63688 · 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

15,919 ft

1 wells filed one

Completion to plug

4.9 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 15,919 ft.

Completions filed

Oct 2008

1 of 1 wells

Plug dates filed

Sep 2013

1 of 1 wells

Last completion to plug: a median of 4.9 years across the 1 well that filed both dates, with the middle half between 4.9 years and 4.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-26131328	7	15,919 ft	Oct 2008	Sep 2013	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 (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


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	158	93.96	4.28	$677
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	2	48	72.55	4.74	$372
Jun 2010	71	2,361	70.36	4.91	$16,589
May 2010	53	2,340	71.12	4.24	$13,680
Apr 2010	78	2,563	81.69	4.12	$16,938
Mar 2010	137	3,269	78.39	4.39	$25,086
Feb 2010	26	2,367	73.58	5.44	$14,795
Jan 2010	87	3,109	74.36	5.96	$25,012
Dec 2009	81	4,552	71.44	5.48	$30,749
Nov 2009	6	3,451	74.59	3.75	$13,394
Oct 2009	82	3,486	72.54	4.11	$20,277
Sep 2009	7	5,700	65.54	3.06	$17,928
Aug 2009	16	4,938	67.42	3.22	$16,972
Jul 2009	86	1,788	61.13	3.46	$11,452
Jun 2009	66	3,331	66.16	3.90	$17,341
May 2009	114	3,888	54.74	3.93	$21,504
Apr 2009	145	11,427	46.77	3.59	$47,776
Mar 2009	178	19,695	42.14	4.06	$87,443
Feb 2009	593	21,233	32.81	4.63	$117,829
Jan 2009	987	45,600	35.86	5.37	$280,311
Dec 2008	836	65,294	37.10	5.98	$421,287
Nov 2008	195	51,163	55.49	6.86	$361,817
Oct 2008	131	51,946	75.24	6.92	$369,426
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	47	0	59.61	7.81	$2,802
Mar 2007	293	6,242	56.92	7.30	$62,256
Feb 2007	179	16,072	55.10	8.22	$141,910
Jan 2007	299	18,769	50.30	6.73	$141,296
Dec 2006	281	19,936	56.65	6.92	$153,845
Nov 2006	553	19,978	54.20	7.62	$182,155
Oct 2006	680	22,270	54.90	6.01	$171,259
Sep 2006	273	23,721	60.08	5.04	$135,889
Aug 2006	553	28,039	68.71	7.34	$243,801
Jul 2006	910	28,035	69.37	6.34	$240,946
Jun 2006	313	27,272	66.28	6.38	$194,847
May 2006	185	24,017	66.01	6.42	$166,521
Apr 2006	140	29,205	64.39	7.36	$223,977
Mar 2006	76	32,999	56.70	7.08	$238,038
Feb 2006	210	17,656	57.59	7.75	$148,948
Jan 2006	396	47,981	60.59	8.93	$452,623
Dec 2005	379	40,310	54.94	13.42	$561,597
Nov 2005	485	55,943	54.69	10.59	$618,872
Oct 2005	237	59,662	58.34	13.80	$836,909
Sep 2005	49	8,292	61.45	12.08	$103,170
Aug 2005	83	13,254	61.51	9.80	$134,953
Jul 2005	53	14,244	55.69	7.84	$114,676
Jun 2005	26	11,938	52.33	7.38	$89,475
May 2005	38	14,851	45.22	6.65	$100,495
Apr 2005	140	15,011	49.20	7.36	$117,376
Mar 2005	282	15,494	50.37	7.15	$125,062
Feb 2005	358	22,945	45.22	6.31	$161,016
Jan 2005	359	25,170	43.16	6.32	$174,624
Dec 2004	387	32,869	39.86	6.75	$237,327
Nov 2004	283	28,223	45.28	6.33	$191,478
Oct 2004	295	34,498	49.70	6.52	$239,419
Sep 2004	351	39,083	43.24	5.28	$221,688
Aug 2004	416	53,629	42.37	5.55	$315,302
Jul 2004	615	76,661	38.28	6.08	$489,962
Jun 2004	1,044	104,368	36.10	6.43	$709,090
May 2004	436	101,066	37.48	6.49	$672,723
Apr 2004	35	162,061	34.47	5.86	$950,634
Mar 2004	455	175,357	34.36	5.53	$985,383
Feb 2004	1,767	146,151	32.45	5.51	$862,576
Jan 2004	1,323	79,114	32.03	6.30	$540,765

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.

Apr 2013 — as filed, then multipliedworked

Condensate             0 bbl  × $ 93.96 =         $0
Gas                  158 Mcf  × $  4.28 =       $677

────────────────────────────────────────────────────
Month total                                     $677

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/200541 is the state's own key, not one this site invented.