STATE TRACT 433 GAS UNIT

Name: STATE TRACT 433 GAS UNIT lease production and value, Jul 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PETROGULF CORPORATION (P-5 660282) in the MUSTANG ISLAND ( 5 7810) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 212271District 04Field 64115156CondensateGasSave

Value, all time

$18.9 M

Jul 2005 – Sep 2013

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

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	15,167 bbl	$1,084,890
Gas	Production	2,822,383 Mcf	$17,787,111
Total			$18,872,001

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 27.7442, -97.1479. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.74417, -97.14786 · 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

8,976 ft

1 wells filed one

Completion to plug

5.5 years

median over 1 wells

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 8,976 ft.

Completions filed

Oct 2007

1 of 1 wells

Plug dates filed

Apr 2013

1 of 1 wells

Last completion to plug: a median of 5.5 years across the 1 well that filed both dates, with the middle half between 5.5 years and 5.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-35533651	2	8,976 ft	Oct 2007	Apr 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 (99)

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

99 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	17	0	94.83	4.15	$1,612
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	50	0	86.77	3.42	$4,339
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	4,814	96.87	3.24	$15,596
Nov 2011	189	32,399	95.72	3.31	$125,373
Oct 2011	0	37,154	84.98	3.65	$135,558
Sep 2011	187	51,002	83.62	3.99	$218,921
Aug 2011	190	37,683	83.40	4.15	$172,205
Jul 2011	0	13,440	94.14	4.52	$60,712
Jun 2011	182	33,415	92.90	4.64	$171,949
May 2011	187	38,056	98.13	4.40	$185,980
Apr 2011	184	37,994	105.96	4.33	$184,135
Mar 2011	0	40,930	96.36	4.06	$166,067
Feb 2011	189	37,911	85.64	4.18	$174,653
Jan 2011	191	42,816	86.50	4.59	$212,995
Dec 2010	375	44,049	85.73	4.35	$223,663
Nov 2010	0	43,777	80.84	3.80	$166,148
Oct 2010	176	46,151	78.10	3.51	$175,684
Sep 2010	186	41,564	72.63	3.98	$178,912
Aug 2010	183	48,391	73.68	4.42	$227,341
Jul 2010	184	49,393	72.55	4.74	$247,299
Jun 2010	227	48,996	70.36	4.91	$256,562
May 2010	182	51,386	71.12	4.24	$230,575
Apr 2010	188	51,141	81.69	4.12	$226,196
Mar 2010	359	53,877	78.39	4.39	$264,590
Feb 2010	184	48,967	73.58	5.44	$280,035
Jan 2010	185	55,036	74.36	5.96	$341,996
Dec 2009	380	57,282	71.44	5.48	$341,267
Nov 2009	182	59,070	74.59	3.75	$235,176
Oct 2009	185	61,208	72.54	4.11	$265,000
Sep 2009	184	55,403	65.54	3.06	$181,856
Aug 2009	369	44,919	67.42	3.22	$169,450
Jul 2009	0	38,663	61.13	3.46	$133,948
Jun 2009	181	35,760	66.16	3.90	$151,260
May 2009	180	34,260	54.74	3.93	$144,349
Apr 2009	190	34,682	46.77	3.59	$133,308
Mar 2009	360	35,742	42.14	4.06	$160,247
Feb 2009	188	34,558	32.81	4.63	$166,275
Jan 2009	189	38,765	35.86	5.37	$214,984
Dec 2008	188	38,669	37.10	5.98	$238,105
Nov 2008	186	37,655	55.49	6.86	$268,648
Oct 2008	183	38,824	75.24	6.92	$282,508
Sep 2008	54	23,931	101.76	7.88	$194,002
Aug 2008	253	39,948	114.22	8.48	$367,777
Jul 2008	303	40,440	131.08	11.39	$500,306
Jun 2008	188	38,865	131.33	13.03	$531,203
May 2008	183	37,696	123.17	11.57	$458,845
Apr 2008	184	39,488	110.31	10.45	$433,139
Mar 2008	0	21,133	101.90	9.66	$204,231
Feb 2008	188	30,506	92.53	8.77	$284,951
Jan 2008	178	32,644	90.38	8.21	$283,955
Dec 2007	191	31,535	88.33	7.30	$247,139
Nov 2007	180	26,164	91.67	7.29	$207,281
Oct 2007	0	11,724	82.85	6.92	$81,153
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	174	4,907	62.00	7.55	$47,828
May 2007	0	17,834	58.74	7.85	$139,931
Apr 2007	189	16,934	59.61	7.81	$143,440
Mar 2007	185	16,730	56.92	7.30	$132,692
Feb 2007	0	11,075	55.10	8.22	$90,992
Jan 2007	162	21,583	50.30	6.73	$153,334
Dec 2006	179	30,165	56.65	6.92	$218,835
Nov 2006	182	32,803	54.20	7.62	$259,741
Oct 2006	186	31,326	54.90	6.01	$198,600
Sep 2006	365	34,599	60.08	5.04	$196,211
Aug 2006	184	38,721	68.71	7.34	$296,852
Jul 2006	370	41,328	69.37	6.34	$287,800
Jun 2006	180	40,206	66.28	6.38	$268,601
May 2006	358	41,777	66.01	6.42	$292,049
Apr 2006	363	42,381	64.39	7.36	$335,318
Mar 2006	378	46,444	56.70	7.08	$350,392
Feb 2006	366	44,655	57.59	7.75	$367,204
Jan 2006	365	53,978	60.59	8.93	$504,318
Dec 2005	559	52,773	54.94	13.42	$738,682
Nov 2005	383	53,028	54.69	10.59	$582,428
Oct 2005	387	58,392	58.34	13.80	$828,140
Sep 2005	276	36,373	61.45	12.08	$456,310
Aug 2005	334	42,647	61.51	9.80	$438,350
Jul 2005	0	1,848	55.69	7.84	$14,495

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.

May 2013 — as filed, then multipliedworked

Condensate            17 bbl  × $ 94.83 =     $1,612
Gas                    0 Mcf  × $  4.15 =         $0

────────────────────────────────────────────────────
Month total                                   $1,612

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/212271 is the state's own key, not one this site invented.