EL MILAGRO "B"

Operated by THREE C EXPLORATION, LLC (P-5 857512) in the LOPENO (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 233795District 04Field 548660052 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.5 M
Jan 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
221
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 311 leases and 311 wells, and the rule below applies to all of them.

Discovered
2005-07-11
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2005-07-11.

The Commission's schedule remark for this field reads: THERE IS NO BETWEEN WELL SPACING. NO P-15 AND PLATS REQUIRED.

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 Gas112009-05-21191799
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
CondensateDisposition739 bbl$53,814
GasProduction1,179,407 Mcf$10,494,193
Total$10,548,007

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 26.6961, -99.1390. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.69606, -99.13896 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,143 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 9,143 ft.

Completions filed
Apr 2009
1 of 1 wells

1 well

42-50536021B 39,143 ftApr 2009

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 (221)

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

221 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
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 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
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 20180065.382.90$0
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 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016049526.472.06$1,022
Jan 2016050727.352.36$1,199
Dec 2015053432.362.00$1,069
Nov 2015049838.792.17$1,079
Oct 2015071343.552.43$1,730
Sep 2015067942.992.76$1,873
Aug 2015080240.162.87$2,304
Jul 2015086348.152.95$2,542
Jun 2015088356.152.88$2,546
May 201501,14855.212.96$3,393
Apr 2015085849.822.71$2,322
Mar 2015071542.892.93$2,098
Feb 2015039044.662.98$1,161
Jan 2015044743.433.10$1,386
Dec 2014053354.693.59$1,914
Nov 2014068170.464.25$2,896
Oct 2014032378.303.90$1,260
Sep 2014056686.164.05$2,290
Aug 2014080489.394.04$3,244
Jul 2014080596.564.18$3,365
Jun 2014070298.164.74$3,325
May 2014050194.734.73$2,368
Apr 2014087995.944.81$4,227
Mar 2014091895.895.06$4,642
Feb 2014051297.406.19$3,170
Jan 2014099390.404.86$4,827
Dec 2013071191.824.35$3,096
Nov 2013093188.853.74$3,480
Oct 2013064397.423.78$2,430
Sep 20130723104.113.72$2,688
Aug 20130597104.253.52$2,103
Jul 201326729102.523.72$5,376
Jun 2013086594.403.93$3,402
May 2013097794.834.15$4,054
Apr 2013077793.964.28$3,328
Mar 2013090093.623.91$3,522
Feb 2013089191.233.42$3,047
Jan 2013087291.603.42$2,982
Dec 2012093486.773.42$3,194
Nov 201201,08086.953.62$3,915
Oct 201201,08689.383.40$3,692
Sep 201201,10694.672.92$3,228
Aug 2012093392.662.91$2,713
Jul 2012097285.133.02$2,936
Jun 2012093679.822.52$2,358
May 201201,01091.612.49$2,513
Apr 201201,023101.652.00$2,043
Mar 201201,039105.052.22$2,309
Feb 201201,013101.102.57$2,604
Jan 2012089698.092.73$2,450
Dec 201101,08496.873.24$3,512
Nov 201101,15395.723.31$3,818
Oct 201101,10384.983.65$4,024
Sep 201101,17683.623.99$4,687
Aug 201101,45283.404.15$6,025
Jul 2011088194.144.52$3,980
Jun 2011261,60492.904.64$9,858
May 201101,81898.134.40$8,008
Apr 201101,858105.964.33$8,051
Mar 201101,93196.364.06$7,835
Feb 201101,74885.644.18$7,307
Jan 201101,93886.504.59$8,893
Dec 201002,13285.734.35$9,269
Nov 201002,19980.843.80$8,346
Oct 201002,33978.103.51$8,207
Sep 201002,38572.633.98$9,491
Aug 20101562,58773.684.42$22,927
Jul 201002,53772.554.74$12,016
Jun 2010112,70270.364.91$14,042
May 201002,95771.124.24$12,524
Apr 201003,08081.694.12$12,698
Mar 201003,33278.394.39$14,623
Feb 201003,31073.585.44$18,014
Jan 2010263,95074.365.96$25,492
Dec 200904,34771.445.48$23,838
Nov 200903,96074.593.75$14,856
Oct 20091805,47472.544.11$35,557
Sep 200905,13865.543.06$15,747
Aug 200905,75167.423.22$18,510
Jul 2009757,04661.133.46$28,996
Jun 200907,96766.163.90$31,031
May 200917510,85154.743.93$52,178
Apr 2009018,79846.773.59$67,438
Mar 2009031642.144.06$1,283
Feb 200908632.814.63$398
Jan 2009019135.865.37$1,026
Dec 2008019337.105.98$1,154
Nov 2008027955.496.86$1,914
Oct 200804,26275.246.92$29,501
Sep 2008017,588101.767.88$138,542
Aug 20086433,127114.228.48$288,327
Jul 2008035,259131.0811.39$401,580
Jun 2008072,272131.3313.03$941,894
May 20080105,237123.1711.57$1,218,044
Apr 20080142,845110.3110.45$1,493,424
Mar 20080172,886101.909.66$1,670,782
Feb 20080217,89792.538.77$1,911,083
Jan 20080216,98890.388.21$1,780,545

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 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 26.47 =         $0
Gas                  495 Mcf  × $  2.06 =     $1,022

────────────────────────────────────────────────────
Month total                                   $1,022

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/233795 is the state's own key, not one this site invented.