GARZA, LUISA B.

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the HAYNES (MIDDLE WILCOX CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 216408District 04Field 398182502 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.4 M
Jul 2005 – May 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
119
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 406 leases and 406 wells, and the rule below applies to all of them.

Discovered
1999-06-29
as the register files it
Field class
Gas
the register's own label
Between wells
933 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 2008-04-24.

The Commission's schedule remark for this field reads: RULE 2 AMENDED. STANDARD 40 ACRES.

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 Gas112006-09-15167389
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
CondensateDisposition100 bbl$6,226
GasProduction2,015,872 Mcf$17,391,931
Total$17,398,157

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 27.0093, -99.0708. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.00927, -99.07079 · 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
14,230 ft
1 wells filed one
Completion to plug
8.2 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 14,230 ft.

Completions filed
Mar 2007
1 of 1 wells
Plug dates filed
May 2015
1 of 1 wells

Last completion to plug: a median of 8.2 years across the 1 well that filed both dates, with the middle half between 8.2 years and 8.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-50535184114,230 ftMar 2007May 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 (119)

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

119 months

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 2014095190.404.86$4,623
Dec 201301,66691.824.35$7,255
Nov 2013057788.853.74$2,157
Oct 201301,07397.423.78$4,055
Sep 20130892104.113.72$3,316
Aug 201301,108104.253.52$3,903
Jul 20130965102.523.72$3,588
Jun 201301,53394.403.93$6,030
May 201301,58794.834.15$6,585
Apr 201301,74893.964.28$7,486
Mar 201301,98893.623.91$7,779
Feb 201301,88791.233.42$6,453
Jan 201302,22191.603.42$7,596
Dec 201202,39286.773.42$8,181
Nov 201202,24186.953.62$8,124
Oct 201203,19889.383.40$10,872
Sep 201202,94094.672.92$8,580
Aug 201203,52092.662.91$10,237
Jul 201202,53585.133.02$7,658
Jun 201203,40779.822.52$8,582
May 201203,93591.612.49$9,792
Apr 201203,058101.652.00$6,106
Mar 201202,499105.052.22$5,553
Feb 201203,290101.102.57$8,456
Jan 201202,44498.092.73$6,682
Dec 201103,98496.873.24$12,907
Nov 201103,67595.723.31$12,169
Oct 201104,23384.983.65$15,444
Sep 201104,03783.623.99$16,091
Aug 201103,19383.404.15$13,249
Jul 201103,65394.144.52$16,501
Jun 201103,74092.904.64$17,353
May 201104,09798.134.40$18,047
Apr 201104,022105.964.33$17,428
Mar 201104,25396.364.06$17,256
Feb 201104,04985.644.18$16,925
Jan 201104,53286.504.59$20,796
Dec 201004,37385.734.35$19,013
Nov 201004,38880.843.80$16,654
Oct 201005,24778.103.51$18,411
Sep 201001,68472.633.98$6,701
Aug 201001,95473.684.42$8,635
Jul 201001,76772.554.74$8,369
Jun 201001,75270.364.91$8,603
May 201001,97271.124.24$8,352
Apr 201001,87681.694.12$7,734
Mar 201002,24778.394.39$9,861
Feb 201001,41373.585.44$7,690
Jan 201001,89174.365.96$11,278
Dec 200901,95771.445.48$10,732
Nov 200901,49874.593.75$5,620
Oct 200902,09072.544.11$8,590
Sep 200901,95565.543.06$5,992
Aug 200902,66267.423.22$8,568
Jul 200902,34961.133.46$8,138
Jun 200902,16066.163.90$8,413
May 200902,51054.743.93$9,854
Apr 200902,60746.773.59$9,353
Mar 200902,40042.144.06$9,742
Feb 200903,94232.814.63$18,263
Jan 200902,56635.865.37$13,782
Dec 200803,00637.105.98$17,967
Nov 200803,18455.496.86$21,843
Oct 200803,45775.246.92$23,929
Sep 200803,115101.767.88$24,537
Aug 200803,960114.228.48$33,593
Jul 200803,484131.0811.39$39,681
Jun 200803,924131.3313.03$51,140
May 200804,234123.1711.57$49,006
Apr 200804,165110.3110.45$43,544
Mar 200824,410101.909.66$42,822
Feb 200814,55892.538.77$40,069
Jan 200805,40190.388.21$44,319
Dec 200715,09988.337.30$37,321
Nov 200715,52491.677.29$40,371
Oct 200705,85882.856.92$40,549
Sep 200706,27575.846.24$39,182
Aug 200708,37069.066.39$53,467
Jul 200718,98070.906.39$57,435
Jun 2007310,15162.007.55$76,810
May 2007014,46458.747.85$113,489
Apr 20071222,00759.617.81$172,484
Mar 2007615,70256.927.30$114,997
Feb 2007333,02255.108.22$271,474
Jan 2007430,97150.306.73$208,538
Dec 2006225,97256.656.92$179,799
Nov 2006027,99454.207.62$213,244
Oct 2006032,65554.906.01$196,381
Sep 2006157,22760.085.04$288,324
Aug 2006673,79168.717.34$542,032
Jul 2006492,23369.376.34$585,289
Jun 2006489,07566.286.38$568,909
May 2006498,75566.016.42$634,765
Apr 2006595,09364.397.36$700,252
Mar 2006686,64156.707.08$614,011
Feb 2006487,98757.597.75$682,228
Jan 20068104,54160.598.93$934,383
Dec 20056112,84654.9413.42$1,514,204
Nov 20052127,01854.6910.59$1,345,027
Oct 20050152,58558.3413.80$2,105,026
Sep 20050164,57861.4512.08$1,987,938
Aug 200514185,68061.519.80$1,819,938
Jul 2005027,49755.697.84$215,677

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.

Jan 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 90.40 =         $0
Gas                  951 Mcf  × $  4.86 =     $4,623

────────────────────────────────────────────────────
Month total                                   $4,623

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/216408 is the state's own key, not one this site invented.