CROSS

Operated by OXY USA INC. (P-5 630591) in the FLORES (VICKSBURG, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 230753District 04Field 315335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.2 M
Jun 2007 – May 2017
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
120
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 137 leases and 137 wells, and the rule below applies to all of them.

Discovered
1986-04-01
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-11-12.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA TO REMAIN SUSPENDED.

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 Gas112009-05-19190639
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
CondensateDisposition11,269 bbl$920,513
GasProduction1,438,721 Mcf$7,268,841
Total$8,189,354

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 26.2904, -98.3542. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.29042, -98.35423 · 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
8,750 ft
1 wells filed one
Completion to plug
9.0 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 8,750 ft.

Completions filed
Jun 2007
1 of 1 wells
Plug dates filed
Jun 2016
1 of 1 wells

Last completion to plug: a median of 9.0 years across the 1 well that filed both dates, with the middle half between 9.0 years and 9.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2153363948,750 ftJun 2007Jun 2016Yes

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 (120)

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

120 months

May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 201757046.772.98$2,666
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 201604,12336.561.99$8,209
Mar 20161954,17933.011.79$13,934
Feb 201603,83326.472.06$7,910
Jan 201604,04727.352.36$9,569
Dec 201503,81232.362.00$7,629
Nov 201503,60138.792.17$7,805
Oct 20151633,55743.552.43$15,730
Sep 201504,56342.992.76$12,587
Aug 201504,59840.162.87$13,208
Jul 201503,74048.152.95$11,015
Jun 201505,39756.152.88$15,559
May 20151925,38955.212.96$26,527
Apr 201505,67849.822.71$15,368
Mar 201506,10042.892.93$17,902
Feb 201505,38044.662.98$16,012
Jan 201505,95843.433.10$18,474
Dec 201406,38754.693.59$22,938
Nov 201406,20870.464.25$26,395
Oct 20141716,06178.303.90$37,033
Sep 201404,62286.164.05$18,698
Aug 201406,46889.394.04$26,099
Jul 201407,29896.564.18$30,503
Jun 20141786,54398.164.74$48,466
May 201406,95494.734.73$32,869
Apr 201407,25795.944.81$34,900
Mar 20141856,55395.895.06$50,877
Feb 201405,97797.406.19$37,010
Jan 2014176,62890.404.86$33,754
Dec 2013927,84191.824.35$42,591
Nov 201308,35388.853.74$31,226
Oct 201308,78797.423.78$33,209
Sep 20131038,338104.113.72$41,722
Aug 201308,879104.253.52$31,277
Jul 2013638,611102.523.72$38,472
Jun 20131328,43194.403.93$45,623
May 201309,02494.834.15$37,441
Apr 20131459,12693.964.28$52,707
Mar 201309,73993.623.91$38,107
Feb 2013698,95591.233.42$36,920
Jan 201311110,49591.603.42$46,060
Dec 201212410,38086.773.42$46,261
Nov 2012010,42086.953.62$37,772
Oct 201213610,24389.383.40$46,979
Sep 2012011,06194.672.92$32,280
Aug 20126511,56792.662.91$39,662
Jul 201213111,90285.133.02$47,106
Jun 2012011,12079.822.52$28,012
May 20127011,74491.612.49$35,636
Apr 20128212,093101.652.00$32,483
Mar 201211112,823105.052.22$40,154
Feb 2012698,452101.102.57$28,700
Jan 201212114,93598.092.73$52,702
Dec 20119015,36996.873.24$58,510
Nov 201112115,41695.723.31$62,629
Oct 20119014,98084.983.65$62,303
Sep 201117515,18383.623.99$75,150
Aug 20115314,80383.404.15$65,843
Jul 201112315,13294.144.52$79,934
Jun 201114315,72992.904.64$86,265
May 201129216,23798.134.40$100,175
Apr 2011016,426105.964.33$71,178
Mar 201114418,54096.364.06$89,099
Feb 201118716,76685.644.18$86,096
Jan 201125819,76686.504.59$113,019
Dec 201018620,14485.734.35$103,527
Nov 2010020,43580.843.80$77,558
Oct 201018324,82778.103.51$101,408
Sep 201028426,40672.633.98$125,709
Aug 2010029,54373.684.42$130,561
Jul 201017425,64372.554.74$134,082
Jun 201026116,32370.364.91$98,516
May 201012013,71471.124.24$66,616
Apr 201016113,65181.694.12$69,431
Mar 201018115,56278.394.39$82,485
Feb 2010014,08373.585.44$76,645
Jan 201018216,03874.365.96$109,186
Dec 200919216,85271.445.48$106,129
Nov 2009016,80174.593.75$63,029
Oct 200918818,03472.544.11$87,762
Sep 200918923,03665.543.06$82,987
Aug 200918822,09567.423.22$83,788
Jul 2009018,86061.133.46$65,340
Jun 200918519,59566.163.90$88,562
May 200906,49354.743.93$25,490
Apr 200934424,77346.773.59$104,962
Mar 200935327,01542.144.06$124,529
Feb 200916923,15232.814.63$112,808
Jan 2009019,32735.865.37$103,805
Dec 20087716,58137.105.98$101,964
Nov 20087419,60755.496.86$138,617
Oct 200814320,60875.246.92$153,407
Sep 20087719,767101.767.88$163,542
Aug 200815020,415114.228.48$190,314
Jul 200814319,169131.0811.39$237,068
Jun 200814618,912131.3313.03$265,647
May 200814920,992123.1711.57$261,320
Apr 200819821,629110.3110.45$247,970
Mar 200827326,078101.909.66$279,838
Feb 200829121,59092.538.77$216,283
Jan 200828922,23690.388.21$208,582
Dec 200714024,24488.337.30$189,395
Nov 200732922,77491.677.29$196,221
Oct 200724723,99182.856.92$186,529
Sep 200738425,52575.846.24$188,505
Aug 200716122,85469.066.39$157,109
Jul 2007010,43770.906.39$66,671
Jun 2007033362.007.55$2,514

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.

Mar 2017 — as filed, then multipliedworked
Condensate            57 bbl  × $ 46.77 =     $2,666
Gas                    0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $2,666

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/230753 is the state's own key, not one this site invented.