BARTON

Operated by THORP PETROLEUM CORPORATION (P-5 857119) in the WESLACO, NORTH (FRIO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 245159District 04Field 96440010CondensateGasSave
Value, all time
$4.1 M
Nov 2008 – Sep 2012
Value, last 12 filed months
$274 k
at the published price for each month
Months reported
47
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition2,643 bbl$197,647
GasProduction880,928 Mcf$3,882,956
Total$4,080,603

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 26.2553, -98.0256. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.25530, -98.02558 · 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
8,800 ft
1 wells filed one
Completion to plug
3.7 years
median over 1 wells

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 8,800 ft.

Completions filed
Nov 2008
1 of 1 wells
Plug dates filed
Jul 2012
1 of 1 wells

Last completion to plug: a median of 3.7 years across the 1 well that filed both dates, with the middle half between 3.7 years and 3.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2153388728,800 ftNov 2008Jul 2012Yes

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 (47)

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

47 months

Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20121004185.133.02$8,637
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20120549101.652.00$1,096
Mar 20121854,607105.052.22$29,671
Feb 201208,195101.102.57$21,063
Jan 2012017,18398.092.73$46,980
Dec 2011015,08396.873.24$48,865
Nov 2011017,96595.723.31$59,487
Oct 2011016,06984.983.65$58,628
Sep 2011011,07383.623.99$44,135
Aug 2011011,30783.404.15$46,916
Jul 2011025,64894.144.52$115,858
Jun 2011013,50092.904.64$62,638
May 2011017,04398.134.40$75,071
Apr 2011021,468105.964.33$93,027
Mar 2011023,67196.364.06$96,041
Feb 2011022,48285.644.18$93,974
Jan 2011025,59286.504.59$117,436
Dec 201018823,99485.734.35$120,437
Nov 2010023,99480.843.80$91,065
Oct 201018925,85578.103.51$105,483
Sep 2010026,54572.633.98$105,635
Aug 201019228,91273.684.42$141,919
Jul 2010030,09072.554.74$142,521
Jun 201019124,45370.364.91$133,513
May 2010025,09071.124.24$106,262
Apr 20107633,16881.694.12$142,950
Mar 201019036,27878.394.39$174,106
Feb 201019334,38573.585.44$201,336
Jan 201019237,66974.365.96$238,938
Dec 200919036,03771.445.48$211,192
Nov 200918732,51774.593.75$135,936
Oct 200918834,38372.544.11$154,960
Sep 200918828,19565.543.06$98,732
Aug 2009020,06367.423.22$64,573
Jul 200902,40161.133.46$8,318
Jun 200903,00866.163.90$11,716
May 200906,28454.743.93$24,669
Apr 200909,21746.773.59$33,066
Mar 200919412,37342.144.06$58,397
Feb 2009015,18032.814.63$70,329
Jan 2009021,79835.865.37$117,077
Dec 2008030,52137.105.98$182,428
Nov 2008027,04255.496.86$185,518

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.

Jul 2012 — as filed, then multipliedworked
Condensate           100 bbl  × $ 85.13 =     $8,513
Gas                   41 Mcf  × $  3.02 =       $124

────────────────────────────────────────────────────
Month total                                   $8,637

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/245159 is the state's own key, not one this site invented.