B.M.T. A

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the B.M.T. (MIDDLE WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 231884District 04Field 047892502 tax incentive programmesCondensateGasSaveExport
Value, all time
$684 k
Apr 2007 – Jun 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
51
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 57 leases and 57 wells, and the rule below applies to all of them.

Discovered
1996-04-17
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

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 05/01/97.

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 Gas112010-04-23197989
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
CondensateDisposition90 bbl$5,408
GasProduction88,309 Mcf$678,798
Total$684,206

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 27.3509, -99.1303. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35091, -99.13033 · 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
8,825 ft
1 wells filed one
Completion to plug
4.2 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 8,825 ft.

Completions filed
Apr 2007
1 of 1 wells
Plug dates filed
Jun 2011
1 of 1 wells

Last completion to plug: a median of 4.2 years across the 1 well that filed both dates, with the middle half between 4.2 years and 4.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47939758268,825 ftApr 2007Jun 2011Yes

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 (51)

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

51 months

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 20100073.585.44$0
Jan 20100074.365.96$0
Dec 200901671.445.48$88
Nov 20090474.593.75$15
Oct 200902472.544.11$99
Sep 200904865.543.06$147
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 200901754.743.93$67
Apr 200902646.773.59$93
Mar 200903742.144.06$150
Feb 200902232.814.63$102
Jan 200901635.865.37$86
Dec 2008024037.105.98$1,435
Nov 2008053555.496.86$3,670
Oct 2008041875.246.92$2,893
Sep 20080675101.767.88$5,317
Aug 20080900114.228.48$7,635
Jul 20080743131.0811.39$8,462
Jun 20080859131.3313.03$11,195
May 200801,133123.1711.57$13,114
Apr 200801,595110.3110.45$16,676
Mar 200801,988101.909.66$19,212
Feb 200802,35192.538.77$20,620
Jan 200801,90190.388.21$15,599
Dec 200704,16488.337.30$30,405
Nov 200706,38991.677.29$46,587
Oct 200708,01282.856.92$55,459
Sep 200707,83775.846.24$48,935
Aug 200702,61969.066.39$16,730
Jul 200731,02770.906.39$6,773
Jun 20072610,07062.007.55$77,625
May 20076125,28558.747.85$201,976
Apr 200709,35859.617.81$73,041

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.

Dec 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 71.44 =         $0
Gas                   16 Mcf  × $  5.48 =        $88

────────────────────────────────────────────────────
Month total                                      $88

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/231884 is the state's own key, not one this site invented.