FRENCH-STATE

Operated by ABACO OPERATING, LLC (P-5 894) in the BALL RANCH (VICKSBURG CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 232498District 04Field 052763002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.1 M
Sep 2007 – Mar 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
187
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 33 leases and 33 wells, and the rule below applies to all of them.

Discovered
2006-03-28
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 2006-03-28.

The Commission's schedule remark for this field reads: ALLOCATION FORMULS 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 Gas112008-04-30180365
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
CondensateDisposition7,831 bbl$658,555
GasProduction1,697,309 Mcf$11,474,758
Total$12,133,313

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 26.8462, -97.9633. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.84623, -97.96333 · 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
14,000 ft
1 wells filed one
Completion to plug
15.5 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 14,000 ft.

Completions filed
Sep 2007
1 of 1 wells
Plug dates filed
Mar 2023
1 of 1 wells

Last completion to plug: a median of 15.5 years across the 1 well that filed both dates, with the middle half between 15.5 years and 15.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-26131447214,000 ftSep 2007Mar 2023Yes

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 (187)

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

187 months

Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019080055.052.66$2,126
Aug 201901,16153.112.30$2,675
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 201901,73158.482.74$4,743
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
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 20183065.382.90$196
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 201630036.561.99$1,097
Mar 201605033.011.79$90
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015015532.362.00$310
Nov 2015026638.792.17$577
Oct 2015047843.552.43$1,160
Sep 2015050042.992.76$1,379
Aug 2015066540.162.87$1,910
Jul 201563048.152.95$3,033
Jun 201571,82056.152.88$5,640
May 201511,39755.212.96$4,184
Apr 201511,58749.822.71$4,345
Mar 2015851,60642.892.93$8,359
Feb 201511,65744.662.98$4,976
Jan 201521,48143.433.10$4,679
Dec 201461,69654.693.59$6,419
Nov 20141001,86870.464.25$14,988
Oct 201421,78578.303.90$7,120
Sep 2014279886.164.05$3,401
Aug 2014195989.394.04$3,959
Jul 2014461,39396.564.18$10,264
Jun 201401,05598.164.74$4,997
May 2014471,01894.734.73$9,264
Apr 20141132,10295.944.81$20,950
Mar 201422,16795.895.06$11,150
Feb 201411,48297.406.19$9,274
Jan 201432,43790.404.86$12,117
Dec 2013862,31491.824.35$17,973
Nov 201332,21588.853.74$8,547
Oct 201332,63497.423.78$10,247
Sep 201312,629104.113.72$9,878
Aug 2013733,204104.253.52$18,897
Jul 201312,933102.523.72$11,007
Jun 201332,70994.403.93$10,939
May 2013732,86594.834.15$18,810
Apr 201323,10093.964.28$13,464
Mar 2013773,75193.623.91$21,886
Feb 201323,24691.233.42$11,283
Jan 201343,27091.603.42$11,550
Dec 2012663,78086.773.42$18,655
Nov 201253,75886.953.62$14,057
Oct 2012784,00489.383.40$20,584
Sep 201244,75594.672.92$14,256
Aug 201234,94792.662.91$14,665
Jul 2012654,97485.133.02$20,559
Jun 201224,83479.822.52$12,337
May 2012655,52991.612.49$19,713
Apr 201225,806101.652.00$11,797
Mar 2012606,114105.052.22$19,889
Feb 201225,047101.102.57$13,174
Jan 201212,17498.092.73$6,042
Dec 2011666,11696.873.24$26,208
Nov 2011587,36095.723.31$29,923
Oct 2011305,59484.983.65$22,959
Sep 201137,57983.623.99$30,459
Aug 2011262,89683.404.15$14,185
Jul 2011527,41594.144.52$38,391
Jun 2011107,18592.904.64$34,267
May 2011497,75198.134.40$38,950
Apr 2011678,650105.964.33$44,582
Mar 20115711,05296.364.06$50,334
Feb 20117511,07285.644.18$52,704
Jan 20110086.504.59$0
Dec 2010649,72285.734.35$47,756
Nov 201052,20380.843.80$8,765
Oct 2010657,83878.103.51$32,579
Sep 2010439,28272.633.98$40,061
Aug 20104210,16673.684.42$48,022
Jul 20107711,74472.554.74$61,212
Jun 20104211,67870.364.91$60,299
May 20106114,57571.124.24$66,067
Apr 2010446,71781.694.12$31,286
Mar 201010111,85278.394.39$59,932
Feb 20103511,11373.585.44$63,056
Jan 20106612,85874.365.96$81,594
Dec 20096112,77371.445.48$74,402
Nov 20099213,18274.593.75$56,315
Oct 20096314,58372.544.11$64,510
Sep 20095415,02565.543.06$49,587
Aug 20098215,80667.423.22$56,400
Jul 20097616,65161.133.46$62,333
Jun 200910616,83666.163.90$72,589
May 20099419,41254.743.93$81,352
Apr 20099621,29046.773.59$80,868
Mar 200911921,07042.144.06$90,538
Feb 200912121,07832.814.63$101,624
Jan 200915125,90035.865.37$144,524
Dec 200817928,40837.105.98$176,439
Nov 200813629,44755.496.86$209,564
Oct 200814333,49675.246.92$242,618
Sep 200810927,981101.767.88$231,501
Aug 200817034,337114.228.48$310,699
Jul 200810937,191131.0811.39$437,872
Jun 200827638,971131.3313.03$544,142
May 200813249,359123.1711.57$587,554
Apr 200826248,463110.3110.45$535,575
Mar 200819059,769101.909.66$596,973
Feb 200823372,76392.538.77$659,733
Jan 200829393,36790.388.21$792,626
Dec 2007458123,61088.337.30$943,052
Nov 2007586139,53191.677.29$1,071,137
Oct 2007784218,36082.856.92$1,576,438
Sep 2007321121,52675.846.24$783,172

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.

Sep 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 55.05 =         $0
Gas                  800 Mcf  × $  2.66 =     $2,126

────────────────────────────────────────────────────
Month total                                   $2,126

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/232498 is the state's own key, not one this site invented.