WEBB COUNTY SCHOOL LAND

Operated by WHITE MARLIN OPERATING CO, LLC (P-5 918475) in the OWEN (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 215075District 04Field 678854002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Nov 2005 – Dec 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
122
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 811 leases and 811 wells, and the rule below applies to all of them.

Discovered
1971-11-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2015-03-24.

The Commission's schedule remark for this field reads: LATERALS. EFFECTIVE 3/24/15;

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 Gas112006-05-23166761
NGPA1none

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
CondensateDisposition61 bbl$3,912
GasProduction143,158 Mcf$1,083,393
Total$1,087,304

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 28.0629, -99.5021. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.06286, -99.50212 · 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
7,300 ft
1 wells filed one
Completion to plug
10.1 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 7,300 ft.

Completions filed
Nov 2005
1 of 1 wells
Plug dates filed
Dec 2015
1 of 1 wells

Last completion to plug: a median of 10.1 years across the 1 well that filed both dates, with the middle half between 10.1 years and 10.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47939114107,300 ftNov 2005Dec 2015Yes

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 (122)

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

122 months

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 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009032967.423.22$1,059
Jul 200901,97161.133.46$6,829
Jun 200901,92266.163.90$7,486
May 200902,02654.743.93$7,954
Apr 200901,95646.773.59$7,017
Mar 200901,86442.144.06$7,566
Feb 200901,91432.814.63$8,868
Jan 200901,98035.865.37$10,635
Dec 200802,01437.105.98$12,038
Nov 200802,07355.496.86$14,222
Oct 200802,25275.246.92$15,588
Sep 200802,195101.767.88$17,290
Aug 200802,347114.228.48$19,910
Jul 200802,400131.0811.39$27,335
Jun 200802,332131.3313.03$30,392
May 200802,493123.1711.57$28,855
Apr 200802,417110.3110.45$25,269
Mar 200802,641101.909.66$25,523
Feb 200802,51192.538.77$22,023
Jan 200802,76990.388.21$22,722
Dec 200703,00388.337.30$21,928
Nov 200702,87291.677.29$20,942
Oct 200702,97582.856.92$20,593
Sep 200702,94475.846.24$18,383
Aug 200703,03169.066.39$19,362
Jul 200703,06670.906.39$19,585
Jun 200702,99162.007.55$22,577
May 200703,18158.747.85$24,959
Apr 200713,24759.617.81$25,403
Mar 200703,46856.927.30$25,323
Feb 200703,13755.108.22$25,774
Jan 200703,72150.306.73$25,031
Dec 200603,82656.656.92$26,470
Nov 200603,85754.207.62$29,381
Oct 200603,99554.906.01$24,025
Sep 200603,87560.085.04$19,519
Aug 200604,04268.717.34$29,668
Jul 200603,92069.376.34$24,864
Jun 200604,08766.286.38$26,091
May 2006404,34166.016.42$30,531
Apr 200605,81664.397.36$42,809
Mar 200604,83956.707.08$34,274
Feb 200604,55357.597.75$35,291
Jan 2006206,75560.598.93$61,556
Dec 200505,96754.9413.42$80,050
Nov 200503,24354.6910.59$34,338

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.

Aug 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 67.42 =         $0
Gas                  329 Mcf  × $  3.22 =     $1,059

────────────────────────────────────────────────────
Month total                                   $1,059

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/215075 is the state's own key, not one this site invented.