MARCHBANKS-CADENA GAS UNIT #1

Name: MARCHBANKS-CADENA GAS UNIT #1 lease production and value, Jan 2006 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CROSSROADS PETROLEUM L.L.C. (P-5 190708) in the ORCONES (FRIO-VKSBG CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 215945District 04Field 67558200CondensateGasSave Export

Value, all time

$6.7 M

Jan 2006 – Nov 2021

Value, last 12 filed months

$13 k

at the published price for each month

Months reported

191

no gaps in the span

Streams

condensate, gas

The ORCONES (FRIO-VKSBG CONS.) 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 38 leases and 40 wells, and the rule below applies to all of them.

Discovered

2005-12-13

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 2005-12-13.

The Commission's schedule remark for this field reads: “NO PLATS REQUIRED. FIELD MADE SALVAGE”

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	41,943 bbl	$2,851,440
Gas	Production	604,793 Mcf	$3,894,387
Total			$6,745,827

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 27.5262, -98.3944. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.52617, -98.39435 · 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

0.0%

0 of 1 wells

Median depth

6,700 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 6,700 ft.

Completions filed

Feb 2009

1 of 1 wells

1 well


42-13138837	116	6,700 ft	Feb 2009	—	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 (191)

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

191 months


Nov 2021	170	0	77.43	5.24	$13,163
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	129	142	57.25	2.09	$7,683
Dec 2019	109	120	59.01	2.30	$6,709
Nov 2019	130	143	55.30	2.75	$7,582
Oct 2019	130	143	53.47	2.42	$7,297
Sep 2019	130	143	55.05	2.66	$7,536
Aug 2019	333	366	53.11	2.30	$18,529
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	166	183	52.78	2.49	$9,217
May 2019	165	182	58.48	2.74	$10,148
Apr 2019	169	186	62.63	2.75	$11,096
Mar 2019	180	198	56.80	3.06	$10,830
Feb 2019	180	198	50.85	2.79	$9,706
Jan 2019	181	199	46.03	3.23	$8,974
Dec 2018	542	178	46.59	4.19	$25,997
Nov 2018	0	110	52.93	4.24	$466
Oct 2018	0	22	61.44	3.40	$75
Sep 2018	0	22	59.54	3.11	$68
Aug 2018	0	22	59.40	3.07	$67
Jul 2018	0	22	65.14	2.93	$65
Jun 2018	0	22	60.18	3.08	$68
May 2018	0	22	65.38	2.90	$64
Apr 2018	0	22	63.84	2.90	$64
Mar 2018	0	22	61.22	2.79	$61
Feb 2018	0	170	61.78	2.77	$470
Jan 2018	0	180	62.87	4.01	$722
Dec 2017	183	220	57.27	2.92	$11,123
Nov 2017	180	210	55.42	3.12	$10,630
Oct 2017	0	220	49.29	2.98	$656
Sep 2017	177	142	47.52	3.09	$8,849
Aug 2017	0	149	45.37	3.00	$448
Jul 2017	178	146	43.87	3.09	$8,260
Jun 2017	0	155	42.49	3.09	$479
May 2017	182	152	45.37	3.26	$8,753
Apr 2017	0	152	47.93	3.21	$488
Mar 2017	165	160	46.77	2.98	$8,194
Feb 2017	182	165	50.45	2.95	$9,669
Jan 2017	182	160	49.41	3.42	$9,540
Dec 2016	171	156	48.76	3.72	$8,919
Nov 2016	0	167	42.49	2.64	$442
Oct 2016	0	122	46.19	3.09	$377
Sep 2016	0	211	41.55	3.10	$654
Aug 2016	0	111	41.44	2.92	$325
Jul 2016	348	213	41.62	2.92	$15,107
Jun 2016	0	190	45.35	2.69	$510
May 2016	170	312	42.52	1.99	$7,850
Apr 2016	0	316	36.56	1.99	$629
Mar 2016	347	387	33.01	1.79	$12,149
Feb 2016	0	356	26.47	2.06	$735
Jan 2016	0	322	27.35	2.36	$761
Dec 2015	183	1,875	32.36	2.00	$9,675
Nov 2015	0	67	38.79	2.17	$145
Oct 2015	0	1,574	43.55	2.43	$3,819
Sep 2015	172	1,653	42.99	2.76	$11,954
Aug 2015	0	120	40.16	2.87	$345
Jul 2015	176	2,128	48.15	2.95	$14,742
Jun 2015	0	1,134	56.15	2.88	$3,269
May 2015	172	2,143	55.21	2.96	$15,830
Apr 2015	0	1,436	49.82	2.71	$3,887
Mar 2015	0	2,192	42.89	2.93	$6,433
Feb 2015	318	1,159	44.66	2.98	$17,651
Jan 2015	0	1,887	43.43	3.10	$5,851
Dec 2014	154	2,276	54.69	3.59	$16,596
Nov 2014	347	2,071	70.46	4.25	$33,255
Oct 2014	174	2,322	78.30	3.90	$22,682
Sep 2014	0	2,516	86.16	4.05	$10,178
Aug 2014	0	2,925	89.39	4.04	$11,803
Jul 2014	0	2,097	96.56	4.18	$8,765
Jun 2014	170	2,368	98.16	4.74	$27,904
May 2014	164	2,628	94.73	4.73	$27,957
Apr 2014	172	2,546	95.94	4.81	$28,746
Mar 2014	0	1,899	95.89	5.06	$9,603
Feb 2014	166	15	97.40	6.19	$16,261
Jan 2014	164	2,013	90.40	4.86	$24,610
Dec 2013	174	2,053	91.82	4.35	$24,916
Nov 2013	176	1,453	88.85	3.74	$21,069
Oct 2013	526	2,150	97.42	3.78	$59,369
Sep 2013	161	1,595	104.11	3.72	$22,692
Aug 2013	0	2,242	104.25	3.52	$7,898
Jul 2013	174	41	102.52	3.72	$17,991
Jun 2013	0	1,047	94.40	3.93	$4,118
May 2013	0	929	94.83	4.15	$3,855
Apr 2013	171	1,345	93.96	4.28	$21,827
Mar 2013	170	1,427	93.62	3.91	$21,499
Feb 2013	0	1,454	91.23	3.42	$4,973
Jan 2013	171	1,898	91.60	3.42	$22,155
Dec 2012	173	1,899	86.77	3.42	$21,506
Nov 2012	0	2,194	86.95	3.62	$7,953
Oct 2012	165	2,416	89.38	3.40	$22,961
Sep 2012	0	2,052	94.67	2.92	$5,989
Aug 2012	0	1,853	92.66	2.91	$5,389
Jul 2012	0	1,744	85.13	3.02	$5,268
Jun 2012	0	926	79.82	2.52	$2,333
May 2012	0	119	91.61	2.49	$296
Apr 2012	0	89	101.65	2.00	$178
Mar 2012	44	0	105.05	2.22	$4,622
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	25	95.72	3.31	$83
Oct 2011	0	6	84.98	3.65	$22
Sep 2011	0	34	83.62	3.99	$136
Aug 2011	0	38	83.40	4.15	$158
Jul 2011	0	8	94.14	4.52	$36
Jun 2011	0	22	92.90	4.64	$102
May 2011	0	22	98.13	4.40	$97
Apr 2011	0	16	105.96	4.33	$69
Mar 2011	177	762	96.36	4.06	$20,147
Feb 2011	0	811	85.64	4.18	$3,390
Jan 2011	0	2,605	86.50	4.59	$11,954
Dec 2010	343	2,233	85.73	4.35	$39,114
Nov 2010	0	2,920	80.84	3.80	$11,082
Oct 2010	185	3,128	78.10	3.51	$25,424
Sep 2010	184	3,115	72.63	3.98	$25,760
Aug 2010	184	3,169	73.68	4.42	$27,562
Jul 2010	184	3,608	72.55	4.74	$30,438
Jun 2010	185	3,505	70.36	4.91	$30,228
May 2010	185	3,020	71.12	4.24	$25,948
Apr 2010	186	2,952	81.69	4.12	$27,365
Mar 2010	186	3,216	78.39	4.39	$28,695
Feb 2010	187	2,399	73.58	5.44	$26,816
Jan 2010	186	2,906	74.36	5.96	$31,163
Dec 2009	186	3,631	71.44	5.48	$33,199
Nov 2009	186	4,204	74.59	3.75	$29,645
Oct 2009	0	3,543	72.54	4.11	$14,563
Sep 2009	0	3,521	65.54	3.06	$10,791
Aug 2009	0	3,813	67.42	3.22	$12,272
Jul 2009	0	3,043	61.13	3.46	$10,542
Jun 2009	0	3,272	66.16	3.90	$12,744
May 2009	0	3,120	54.74	3.93	$12,248
Apr 2009	164	3,151	46.77	3.59	$18,974
Mar 2009	0	2,744	42.14	4.06	$11,138
Feb 2009	199	1,183	32.81	4.63	$12,010
Jan 2009	0	531	35.86	5.37	$2,852
Dec 2008	0	1,531	37.10	5.98	$9,151
Nov 2008	367	3,775	55.49	6.86	$46,263
Oct 2008	2	4,616	75.24	6.92	$32,102
Sep 2008	8	2,827	101.76	7.88	$23,083
Aug 2008	163	3,447	114.22	8.48	$47,859
Jul 2008	200	3,512	131.08	11.39	$66,216
Jun 2008	394	4,235	131.33	13.03	$106,937
May 2008	198	5,168	123.17	11.57	$84,204
Apr 2008	390	5,911	110.31	10.45	$104,820
Mar 2008	386	7,038	101.90	9.66	$107,349
Feb 2008	404	7,821	92.53	8.77	$105,977
Jan 2008	577	8,148	90.38	8.21	$119,010
Dec 2007	776	10,003	88.33	7.30	$141,586
Nov 2007	568	8,723	91.67	7.29	$115,674
Oct 2007	1,114	9,532	82.85	6.92	$158,275
Sep 2007	702	8,952	75.84	6.24	$109,137
Aug 2007	1,305	9,769	69.06	6.39	$152,527
Jul 2007	1,570	9,164	70.90	6.39	$169,852
Jun 2007	1,557	9,577	62.00	7.55	$168,826
May 2007	715	5,286	58.74	7.85	$83,475
Apr 2007	1,254	3,228	59.61	7.81	$99,946
Mar 2007	709	10,082	56.92	7.30	$113,975
Feb 2007	363	6,570	55.10	8.22	$73,980
Jan 2007	896	10,905	50.30	6.73	$118,425
Dec 2006	1,053	10,818	56.65	6.92	$134,496
Nov 2006	713	12,743	54.20	7.62	$135,714
Oct 2006	1,266	15,245	54.90	6.01	$161,184
Sep 2006	1,070	17,755	60.08	5.04	$153,721
Aug 2006	1,584	23,136	68.71	7.34	$278,653
Jul 2006	1,434	24,576	69.37	6.34	$255,356
Jun 2006	1,784	28,872	66.28	6.38	$302,559
May 2006	1,598	29,000	66.01	6.42	$291,809
Apr 2006	900	20,325	64.39	7.36	$207,553
Mar 2006	1,570	31,874	56.70	7.08	$314,780
Feb 2006	1,430	40,772	57.59	7.75	$398,382
Jan 2006	0	31,700	60.59	8.93	$283,186

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.

Nov 2021 — as filed, then multipliedworked

Condensate           170 bbl  × $ 77.43 =    $13,163
Gas                    0 Mcf  × $  5.24 =         $0

────────────────────────────────────────────────────
Month total                                  $13,163

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/215945 is the state's own key, not one this site invented.