MEADOR STATE

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the LAS TIENDAS (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 225101District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Jan 2007 – Jan 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
73
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 754 leases and 754 wells, and the rule below applies to all of them.

Discovered
1974-04-22
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 2011-08-23.

The Commission's schedule remark for this field reads: REMAINS SUSPENDED. FIELD REMAINS SET TO MANUAL REVIEW.

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 Gas112007-05-08174052
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
CondensateDisposition65 bbl$5,652
GasProduction150,573 Mcf$1,035,748
Total$1,041,399

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 27.9367, -99.6697. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.93669, -99.66973 · 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
6,900 ft
1 wells filed one
Completion to plug
6.0 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 6,900 ft.

Completions filed
Jan 2007
1 of 1 wells
Plug dates filed
Jan 2013
1 of 1 wells

Last completion to plug: a median of 6.0 years across the 1 well that filed both dates, with the middle half between 6.0 years and 6.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47939723176,900 ftJan 2007Jan 2013Yes

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 (73)

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

73 months

Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20110414105.964.33$1,794
Mar 2011067696.364.06$2,743
Feb 2011055685.644.18$2,324
Jan 2011076786.504.59$3,520
Dec 2010084385.734.35$3,665
Nov 2010060280.843.80$2,285
Oct 2010064778.103.51$2,270
Sep 2010086572.633.98$3,442
Aug 2010089173.684.42$3,938
Jul 2010086472.554.74$4,092
Jun 2010078870.364.91$3,869
May 2010056871.124.24$2,406
Apr 2010069081.694.12$2,845
Mar 2010067078.394.39$2,940
Feb 201001,33773.585.44$7,276
Jan 201001,66074.365.96$9,900
Dec 200901,79771.445.48$9,854
Nov 200902,23574.593.75$8,385
Oct 200902,18572.544.11$8,981
Sep 200902,24865.543.06$6,890
Aug 200902,73067.423.22$8,787
Jul 200902,62361.133.46$9,087
Jun 200902,51266.163.90$9,784
May 200902,32254.743.93$9,116
Apr 200901,08046.773.59$3,875
Mar 200901,22442.144.06$4,968
Feb 200901,96932.814.63$9,122
Jan 200901,14335.865.37$6,139
Dec 2008153,12037.105.98$19,205
Nov 200802,28655.496.86$15,683
Oct 200803,26975.246.92$22,628
Sep 200803,339101.767.88$26,302
Aug 200804,079114.228.48$34,602
Jul 200801,106131.0811.39$12,597
Jun 200801,312131.3313.03$17,099
May 200803,567123.1711.57$41,285
Apr 200803,466110.3110.45$36,237
Mar 2008503,533101.909.66$39,238
Feb 200803,15792.538.77$27,689
Jan 200803,59190.388.21$29,467
Dec 200703,92988.337.30$28,689
Nov 200704,06491.677.29$29,633
Oct 200704,79682.856.92$33,198
Sep 200704,72475.846.24$29,497
Aug 200705,26869.066.39$33,652
Jul 200705,91170.906.39$37,759
Jun 200705,58862.007.55$42,181
May 200706,15158.747.85$48,262
Apr 200708,66159.617.81$67,601
Mar 200709,87656.927.30$72,114
Feb 2007010,42355.108.22$85,635
Jan 200708,45150.306.73$56,849

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.

Apr 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $105.96 =         $0
Gas                  414 Mcf  × $  4.33 =     $1,794

────────────────────────────────────────────────────
Month total                                   $1,794

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/225101 is the state's own key, not one this site invented.