VALDERAS GAS UNIT

Operated by DEWBRE PETROLEUM CORPORATION (P-5 216748) in the MERCEDES (11000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 223689District 04Field 60538992CondensateGasSaveExport
Value, all time
$6.9 M
Nov 2006 – Oct 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
144
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
2003-03-12
as the register files it
Field class
Oil and 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: AOF-1 AND AOF-2 EFFECTIVE 05/01/2007.

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
CondensateDisposition18,466 bbl$1,472,029
GasProduction779,471 Mcf$5,467,197
Total$6,939,226

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 26.2224, -97.9554. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.22238, -97.95544 · 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
11,686 ft
1 wells filed one
Completion to plug
5.3 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 11,686 ft.

Completions filed
Jul 2013
1 of 1 wells
Plug dates filed
Nov 2018
1 of 1 wells

Last completion to plug: a median of 5.3 years across the 1 well that filed both dates, with the middle half between 5.3 years and 5.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21533512411,686 ftJul 2013Nov 2018Yes

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 (144)

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

144 months

Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
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 201424094.734.73$2,274
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 20131420102.523.72$14,558
Jun 201314512,09294.403.93$61,251
May 201307994.834.15$328
Apr 20139139793.964.28$10,251
Mar 2013095193.623.91$3,721
Feb 2013072391.233.42$2,473
Jan 201301,05891.603.42$3,618
Dec 201201,02486.773.42$3,502
Nov 2012038386.953.62$1,388
Oct 2012031089.383.40$1,054
Sep 20127769894.672.92$9,327
Aug 201201,02492.662.91$2,978
Jul 201201,33285.133.02$4,024
Jun 201201,52079.822.52$3,829
May 201201,23791.612.49$3,078
Apr 20120596101.652.00$1,190
Mar 20120368105.052.22$818
Feb 20120760101.102.57$1,953
Jan 20127274998.092.73$9,110
Dec 201101,76196.873.24$5,705
Nov 201101,84495.723.31$6,106
Oct 201102,06684.983.65$7,538
Sep 2011047383.623.99$1,885
Aug 201101,03883.404.15$4,307
Jul 201101,54594.144.52$6,979
Jun 201102,39592.904.64$11,113
May 201103,52898.134.40$15,540
Apr 20110576105.964.33$2,496
Mar 2011078596.364.06$3,185
Feb 201133085.644.18$2,826
Jan 20116344886.504.59$7,505
Dec 2010631,10485.734.35$10,201
Nov 201002,72880.843.80$10,354
Oct 2010035078.103.51$1,228
Sep 20108996472.633.98$10,300
Aug 201002,81973.684.42$12,458
Jul 201002,67272.554.74$12,656
Jun 201003,08070.364.91$15,124
May 201002,74771.124.24$11,634
Apr 201002,88181.694.12$11,877
Mar 201003,41278.394.39$14,974
Feb 201004,10473.585.44$22,335
Jan 201004,43774.365.96$26,463
Dec 200904,79871.445.48$26,311
Nov 200906,86674.593.75$25,758
Oct 200909,19672.544.11$37,798
Sep 2009012,14065.543.06$37,206
Aug 200913314,02267.423.22$54,097
Jul 200913518,53161.133.46$72,453
Jun 200905,87066.163.90$22,864
May 200911510,95954.743.93$49,317
Apr 200901,40146.773.59$5,026
Mar 200902,33842.144.06$9,490
Feb 20091403,74832.814.63$21,958
Jan 20092815,70335.865.37$40,707
Dec 20082866,52937.105.98$49,635
Nov 20082938,71855.496.86$76,067
Oct 20082969,46575.246.92$87,788
Sep 200829810,383101.767.88$112,112
Aug 200846912,511114.228.48$159,700
Jul 200846613,771131.0811.39$217,927
Jun 200847617,475131.3313.03$290,258
May 200862722,887123.1711.57$342,128
Apr 200860920,603110.3110.45$282,580
Mar 200859823,838101.909.66$291,308
Feb 200857322,72292.538.77$252,305
Jan 200881029,37690.388.21$314,259
Dec 200775531,13388.337.30$294,021
Nov 200798332,65791.677.29$328,237
Oct 200799238,10182.856.92$345,922
Sep 20071,09038,62575.846.24$323,846
Aug 20071,30449,85569.066.39$408,525
Jul 20071,27649,49770.906.39$406,652
Jun 20071,36353,64562.007.55$489,443
May 200765328,00958.747.85$258,124
Apr 200755418,69859.617.81$178,966
Mar 20071,06422,24856.927.30$223,017
Feb 200734224,65355.108.22$221,393
Jan 200765924,38550.306.73$197,182
Dec 2006026556.656.92$1,833
Nov 20062779254.207.62$7,496

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.

May 2014 — as filed, then multipliedworked
Condensate            24 bbl  × $ 94.73 =     $2,274
Gas                    0 Mcf  × $  4.73 =         $0

────────────────────────────────────────────────────
Month total                                   $2,274

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/223689 is the state's own key, not one this site invented.