GARCIA LAND AND LIVESTOCK

Operated by HUGHES, DAN A. COMPANY, L.P. (P-5 411736) in the LA GRULLA (YEGUA 7100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 261366District 04Field 507804502 tax incentive programmesCondensateGasSaveExport
Value, all time
$577 k
Mar 2011 – Apr 2015
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
50
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1996-07-01
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 1996-11-15.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/97.

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 Gas112012-04-23205512
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
CondensateDisposition1,485 bbl$137,858
GasProduction121,278 Mcf$438,807
Total$576,665

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 26.2998, -98.6175. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.29977, -98.61752 · 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
0.0%
0 of 1 wells
Median depth
8,700 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
1100.0%
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.
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 8,700 ft.

Completions filed
Jan 2015
1 of 1 wells

1 well

42-4273453518,700 ftJan 2015Yes

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 (50)

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

50 months

Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015124044.662.98$5,538
Jan 20150043.433.10$0
Dec 2014027354.693.59$980
Nov 2014037670.464.25$1,599
Oct 2014038678.303.90$1,506
Sep 2014040186.164.05$1,622
Aug 2014049389.394.04$1,989
Jul 2014050996.564.18$2,127
Jun 2014058998.164.74$2,790
May 2014051994.734.73$2,453
Apr 2014066295.944.81$3,184
Mar 2014048795.895.06$2,463
Feb 201417682397.406.19$22,238
Jan 201401,04790.404.86$5,089
Dec 201301,11391.824.35$4,847
Nov 201301,08888.853.74$4,067
Oct 201301,05897.423.78$3,999
Sep 201301,278104.113.72$4,751
Aug 201301,369104.253.52$4,822
Jul 201301,248102.523.72$4,640
Jun 201301,46494.403.93$5,759
May 201301,58794.834.15$6,585
Apr 201301,21793.964.28$5,212
Mar 2013072293.623.91$2,825
Feb 2013067391.233.42$2,302
Jan 20131711,36191.603.42$20,318
Dec 201201,39486.773.42$4,768
Nov 201201,93786.953.62$7,022
Oct 2012096389.383.40$3,274
Sep 201201,57094.672.92$4,582
Aug 20121632,20092.662.91$21,502
Jul 201202,33885.133.02$7,063
Jun 201202,68279.822.52$6,756
May 201203,49091.612.49$8,684
Apr 20121743,083101.652.00$23,843
Mar 20121643,910105.052.22$25,917
Feb 201206,154101.102.57$15,817
Jan 201216510,38098.092.73$44,565
Dec 201108,79896.873.24$28,503
Nov 20113483,45595.723.31$44,751
Oct 201103,82584.983.65$13,956
Sep 201104,02083.623.99$16,023
Aug 201104,51083.404.15$18,713
Jul 201105,17094.144.52$23,354
Jun 201106,03592.904.64$28,002
May 2011010,37598.134.40$45,700
Apr 201108,576105.964.33$37,162
Mar 201105,67096.364.06$23,005

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 2015 — as filed, then multipliedworked
Condensate           124 bbl  × $ 44.66 =     $5,538
Gas                    0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $5,538

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/261366 is the state's own key, not one this site invented.