SOUTHWEST TEXAS CORPORATION

Operated by NEWMAN OPERATING COMPANY (P-5 607391) in the REALITOS, EAST (QUEEN CITY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 230812District 04Field 75040100CondensateGasSaveExport
Value, all time
$384 k
Feb 2007 – Feb 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
2007-06-28
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition810 bbl$62,697
GasProduction45,013 Mcf$321,193
Total$383,890

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 27.4320, -98.4826. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.43204, -98.48260 · 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
9,948 ft
1 wells filed one
Completion to plug
5.7 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 9,948 ft.

Completions filed
Jun 2007
1 of 1 wells
Plug dates filed
Feb 2013
1 of 1 wells

Last completion to plug: a median of 5.7 years across the 1 well that filed both dates, with the middle half between 5.7 years and 5.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-13138861169,948 ftJun 2007Feb 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

Feb 20130091.233.42$0
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 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 2010971573.585.44$7,219
Jan 2010077974.365.96$4,646
Dec 20090071.445.48$0
Nov 2009038474.593.75$1,441
Oct 2009064072.544.11$2,631
Sep 2009044865.543.06$1,373
Aug 2009041767.423.22$1,342
Jul 200917166261.133.46$12,747
Jun 2009068266.163.90$2,656
May 2009096054.743.93$3,769
Apr 200901,02946.773.59$3,692
Mar 2009041142.144.06$1,668
Feb 2009076832.814.63$3,558
Jan 2009072335.865.37$3,883
Dec 2008048737.105.98$2,911
Nov 200801,14755.496.86$7,869
Oct 20081811,36975.246.92$23,095
Sep 200801,332101.767.88$10,492
Aug 200801,347114.228.48$11,427
Jul 20080452131.0811.39$5,148
Jun 20080796131.3313.03$10,374
May 20080519123.1711.57$6,007
Apr 20080863110.3110.45$9,023
Mar 200801,055101.909.66$10,196
Feb 200801,03992.538.77$9,113
Jan 200801,38790.388.21$11,381
Dec 200701,22988.337.30$8,974
Nov 20071792,02591.677.29$31,175
Oct 20071822,05482.856.92$29,296
Sep 200702,50675.846.24$15,648
Aug 200702,53569.066.39$16,193
Jul 200701,83970.906.39$11,747
Jun 200703,02862.007.55$22,857
May 200702,48658.747.85$19,506
Apr 200703,32859.617.81$25,976
Mar 2007026256.927.30$1,913
Feb 200704,01055.108.22$32,946

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 2010 — as filed, then multipliedworked
Condensate            97 bbl  × $ 73.58 =     $7,137
Gas                   15 Mcf  × $  5.44 =        $82

────────────────────────────────────────────────────
Month total                                   $7,219

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/230812 is the state's own key, not one this site invented.