VANECEK G.U.

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the MATHIS, EAST (SCHNEIDER 4600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 216299District 04Field 58271384CondensateGasSaveExport
Value, all time
$394 k
Oct 2005 – Sep 2009
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
48
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1967-08-14
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: ALLOCATION FORMULA EFFECTIVE 03/01/89.

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
CondensateDisposition6 bbl$314
GasProduction50,567 Mcf$393,350
Total$393,664

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 28.1137, -97.6798. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.11372, -97.67979 · 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
5,902 ft
1 wells filed one
Completion to plug
3.9 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 5,902 ft.

Completions filed
Oct 2005
1 of 1 wells
Plug dates filed
Sep 2009
1 of 1 wells

Last completion to plug: a median of 3.9 years across the 1 well that filed both dates, with the middle half between 3.9 years and 3.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4093279935,902 ftOct 2005Sep 2009Yes

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 (48)

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

48 months

Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008123437.105.98$1,436
Nov 2008034255.496.86$2,346
Oct 2008037275.246.92$2,575
Sep 20080379101.767.88$2,985
Aug 20080485114.228.48$4,114
Jul 20080557131.0811.39$6,344
Jun 20080559131.3313.03$7,285
May 20080575123.1711.57$6,655
Apr 20080575110.3110.45$6,012
Mar 20080758101.909.66$7,325
Feb 2008063692.538.77$5,578
Jan 2008074890.388.21$6,138
Dec 2007078888.337.30$5,754
Nov 2007094291.677.29$6,869
Oct 2007085882.856.92$5,939
Sep 2007095775.846.24$5,976
Aug 200701,08669.066.39$6,937
Jul 200701,01470.906.39$6,477
Jun 200701,20162.007.55$9,066
May 200701,50458.747.85$11,801
Apr 200701,68059.617.81$13,113
Mar 200711,91256.927.30$14,018
Feb 200742,06955.108.22$17,219
Jan 200702,35550.306.73$15,842
Dec 200602,84856.656.92$19,704
Nov 200602,69554.207.62$20,529
Oct 200601,83954.906.01$11,059
Sep 200601,20160.085.04$6,050
Aug 200601,38468.717.34$10,158
Jul 20060069.376.34$0
Jun 200602,05366.286.38$13,106
May 200602,17466.016.42$13,968
Apr 200602,33664.397.36$17,194
Mar 200602,55056.707.08$18,061
Feb 200602,24357.597.75$17,386
Jan 200604,61360.598.93$41,209
Dec 200502,04554.9413.42$27,434
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0

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.

Dec 2008 — as filed, then multipliedworked
Condensate             1 bbl  × $ 37.10 =        $37
Gas                  234 Mcf  × $  5.98 =     $1,399

────────────────────────────────────────────────────
Month total                                   $1,436

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/216299 is the state's own key, not one this site invented.