PIPA METANO

Operated by MESTENA OPERATING, L.L.C. (P-5 562071) in the MESTENA GRANDE (QUEEN CITY CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 218447District 04Field 60823501CondensateGasSaveExport
Value, all time
$177 k
Mar 2006 – Feb 2014
Value, last 12 filed months
$524
at the published price for each month
Months reported
96
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 58 leases and 58 wells, and the rule below applies to all of them.

Discovered
2003-07-08
as the register files it
Field class
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 80 acres. The field rule took effect on 2003-08-19.

The Commission's schedule remark for this field reads: BETWEEN WELL SPACING.

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
CondensateDisposition828 bbl$52,727
GasProduction19,068 Mcf$124,731
Total$177,457

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 27.2679, -98.5803. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.26790, -98.58034 · 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
10,023 ft
1 wells filed one
Completion to plug
7.9 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 10,023 ft.

Completions filed
Mar 2006
1 of 1 wells
Plug dates filed
Feb 2014
1 of 1 wells

Last completion to plug: a median of 7.9 years across the 1 well that filed both dates, with the middle half between 7.9 years and 7.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-24732354110,023 ftMar 2006Feb 2014Yes

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 (96)

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

96 months

Feb 20145697.406.19$524
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 2013157291.603.42$14,388
Dec 201212486.773.42$169
Nov 201201986.953.62$69
Oct 201203889.383.40$129
Sep 201201694.672.92$47
Aug 201213392.662.91$189
Jul 201202285.133.02$66
Jun 201204379.822.52$108
May 201213591.612.49$179
Apr 20120118101.652.00$236
Mar 2012031105.052.22$69
Feb 2012073101.102.57$188
Jan 201201798.092.73$46
Dec 201113596.873.24$210
Nov 201101295.723.31$40
Oct 201106284.983.65$226
Sep 201102683.623.99$104
Aug 201103383.404.15$137
Jul 201104894.144.52$217
Jun 201104392.904.64$200
May 201107198.134.40$313
Apr 2011021105.964.33$91
Mar 201104496.364.06$179
Feb 201103585.644.18$146
Jan 201104086.504.59$184
Dec 201009485.734.35$409
Nov 2010011580.843.80$436
Oct 2010113678.103.51$555
Sep 2010021372.633.98$848
Aug 2010013673.684.42$601
Jul 2010111472.554.74$613
Jun 2010022670.364.91$1,110
May 2010319671.124.24$1,043
Apr 2010112281.694.12$585
Mar 2010015678.394.39$685
Feb 2010011773.585.44$637
Jan 2010016774.365.96$996
Dec 2009313071.445.48$927
Nov 2009011774.593.75$439
Oct 2009018672.544.11$765
Sep 2009012865.543.06$392
Aug 2009016467.423.22$528
Jul 2009212661.133.46$559
Jun 2009010966.163.90$425
May 200906454.743.93$251
Apr 2009026546.773.59$951
Mar 200919060042.144.06$10,442
Feb 2009150232.814.63$2,359
Jan 2009016535.865.37$886
Dec 2008255337.105.98$3,380
Nov 2008239155.496.86$2,793
Oct 2008240075.246.92$2,919
Sep 20080200101.767.88$1,575
Aug 20080123114.228.48$1,043
Jul 20080275131.0811.39$3,132
Jun 20083356131.3313.03$5,034
May 20080428123.1711.57$4,954
Apr 20080339110.3110.45$3,544
Mar 20083390101.909.66$4,075
Feb 2008036592.538.77$3,201
Jan 2008017290.388.21$1,411
Dec 2007010988.337.30$796
Nov 2007323791.677.29$2,003
Oct 2007012082.856.92$831
Sep 2007339475.846.24$2,688
Aug 2007036869.066.39$2,351
Jul 2007142470.906.39$2,779
Jun 2007411662.007.55$1,124
May 2007213658.747.85$1,185
Apr 2007023759.617.81$1,850
Mar 2007320756.927.30$1,682
Feb 2007014255.108.22$1,167
Jan 2007311450.306.73$918
Dec 200619920556.656.92$12,692
Nov 20061236054.207.62$3,393
Oct 2006034954.906.01$2,099
Sep 2006246060.085.04$2,437
Aug 2006065268.717.34$4,786
Jul 2006567369.376.34$4,616
Jun 200620058366.286.38$16,978
May 2006111,15166.016.42$8,121
Apr 200602,07364.397.36$15,258
Mar 2006067156.707.08$4,753

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.

Feb 2014 — as filed, then multipliedworked
Condensate             5 bbl  × $ 97.40 =       $487
Gas                    6 Mcf  × $  6.19 =        $37

────────────────────────────────────────────────────
Month total                                     $524

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/218447 is the state's own key, not one this site invented.