TSL M-098041/ TR 52/

Operated by WHITE MARLIN OPERATING CO, LLC (P-5 918475) in the ENCINAL CHANNEL (FB-A, M-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 273884District 04Field 28991540CondensateGasSaveExport
Value, all time
$8.5 M
Dec 2013 – Aug 2017
Value, last 12 filed months
$497 k
at the published price for each month
Months reported
45
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1967-08-09
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/2016.

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
CondensateDisposition27,414 bbl$1,960,420
GasProduction1,781,227 Mcf$6,507,028
Total$8,467,448

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 27.7687, -97.2977. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.76867, -97.29774 · 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
12,516 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 12,516 ft.

Completions filed
Aug 2017
1 of 1 wells

1 well

42-35533417612,516 ftAug 2017Yes

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 (45)

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

45 months

Aug 20170045.373.00$0
Jul 2017558,70743.873.09$29,294
Jun 2017195,48542.493.09$17,741
May 2017655,11245.373.26$19,632
Apr 201713214,57047.933.21$53,120
Mar 201710214,79946.772.98$48,926
Feb 20177710,87850.452.95$36,003
Jan 201711513,12949.413.42$50,568
Dec 201613315,07648.763.72$62,610
Nov 20169713,99942.492.64$41,140
Oct 201614618,93846.193.09$65,267
Sep 201615621,26641.553.10$72,420
Aug 201617024,73141.442.92$79,367
Jul 201620024,63841.622.92$80,374
Jun 201621025,67145.352.69$78,471
May 201625828,44042.521.99$67,595
Apr 201626329,71036.561.99$68,769
Mar 201631530,64133.011.79$65,368
Feb 201639430,95226.472.06$74,303
Jan 201646237,22727.352.36$100,654
Dec 201543838,39032.362.00$91,008
Nov 201540037,86738.792.17$97,586
Oct 201547639,10643.552.43$115,624
Sep 20154631,52842.992.76$88,945
Aug 201552940,01840.162.87$136,196
Jul 201559145,82848.152.95$163,424
Jun 201584644,00156.152.88$174,352
May 201572750,37055.212.96$189,004
Apr 201598753,13349.822.71$192,981
Mar 20151,04157,73242.892.93$214,075
Feb 201549932,79944.662.98$119,901
Jan 201558335,07343.433.10$134,068
Dec 20141,05860,90254.693.59$276,583
Nov 20141,13762,15470.464.25$344,382
Oct 20141,10766,39178.303.90$345,667
Sep 20141,18762,61186.164.05$355,561
Aug 201491980,28389.394.04$406,101
Jul 20141,54374,07596.564.18$458,596
Jun 201484978,60098.164.74$455,657
May 201484676,27994.734.73$440,679
Apr 20141,58479,91495.944.81$536,285
Mar 20142,09694,23295.895.06$677,498
Feb 20141,89882,45097.406.19$695,396
Jan 20142,65883,52290.404.86$646,260
Dec 20130091.824.35$0

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 2017 — as filed, then multipliedworked
Condensate            55 bbl  × $ 43.87 =     $2,413
Gas                8,707 Mcf  × $  3.09 =    $26,881

────────────────────────────────────────────────────
Month total                                  $29,294

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/273884 is the state's own key, not one this site invented.