MIDNIGHT SUN

Operated by RINCON PETROLEUM CORPORATION (P-5 712336) in the MERCEDES ( 1-F) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 275287District 04Field 60538144CondensateGasSaveExport
Value, all time
$1.5 M
Sep 2014 – Aug 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
120
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1960-08-27
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 2007-08-15.

The Commission's schedule remark for this field reads: IN EFFECT.

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
CondensateDisposition6,774 bbl$329,224
GasProduction398,642 Mcf$1,167,717
Total$1,496,941

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 26.2890, -97.8899. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.28899, -97.88991 · 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
7,414 ft
1 wells filed one
Completion to plug
9.9 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 7,414 ft.

Completions filed
Sep 2014
1 of 1 wells
Plug dates filed
Aug 2024
1 of 1 wells

Last completion to plug: a median of 9.9 years across the 1 well that filed both dates, with the middle half between 9.9 years and 9.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2153412917,414 ftSep 2014Aug 2024Yes

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 (120)

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

120 months

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 202242085.005.65$3,570
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 2022074108.885.08$376
Feb 2022027091.054.86$1,312
Jan 2022036681.844.54$1,661
Dec 202117936871.323.90$14,201
Nov 2021056077.435.24$2,933
Oct 2021075579.795.71$4,314
Sep 20210769.865.35$37
Aug 202101,38266.024.22$5,833
Jul 20210370.783.98$12
Jun 202101,20769.493.38$4,080
May 2021025463.483.02$766
Apr 202101,97660.362.76$5,451
Mar 202102,29261.302.72$6,227
Feb 20211841,10557.805.55$16,766
Jan 202101,32950.412.81$3,735
Dec 202001,34844.642.68$3,607
Nov 202001,99238.772.71$5,391
Oct 20201732,54636.972.48$12,706
Sep 2020067537.091.99$1,344
Aug 202001,46239.982.39$3,487
Jul 202001,49238.371.83$2,723
Jun 202001,14334.901.69$1,932
May 202001,41616.921.81$2,570
Apr 202001,21514.751.80$2,192
Mar 20201761,57230.341.86$8,258
Feb 202001,21449.881.98$2,405
Jan 202002,13057.252.09$4,462
Dec 2019952,63959.012.30$11,687
Nov 201901,93655.302.75$5,325
Oct 20191732,64253.472.42$15,640
Sep 201901,37455.052.66$3,651
Aug 201902,51253.112.30$5,789
Jul 20191702,47456.272.46$15,652
Jun 201902,38252.782.49$5,934
May 20191723,11058.482.74$18,581
Apr 201901,90462.632.75$5,237
Mar 201902,77756.803.06$8,503
Feb 20191753,02950.852.79$17,356
Jan 201902,93046.033.23$9,459
Dec 20181733,70346.594.19$23,559
Nov 201802,36052.934.24$10,000
Oct 2018084961.443.40$2,885
Sep 201802,30359.543.11$7,158
Aug 20181734,96659.403.07$25,505
Jul 201803,76265.142.93$11,030
Jun 201801,09260.183.08$3,360
May 201802,41765.382.90$7,011
Apr 20181611,91463.842.90$15,830
Mar 201801,54661.222.79$4,308
Feb 201801,42361.782.77$3,936
Jan 20181814,42562.874.01$29,121
Dec 201705,24457.272.92$15,320
Nov 20171845,71755.423.12$28,025
Oct 201705,56349.292.98$16,598
Sep 20173455,47047.523.09$33,282
Aug 201704,35645.373.00$13,087
Jul 201705,20943.873.09$16,082
Jun 20171795,18142.493.09$23,601
May 20171815,61445.373.26$26,533
Apr 201706,09747.933.21$19,581
Mar 20171806,15546.772.98$26,783
Feb 201706,08050.452.95$17,952
Jan 20171826,88949.413.42$32,545
Dec 20161816,41848.763.72$32,719
Nov 201606,66242.492.64$17,617
Oct 20161767,87346.193.09$32,459
Sep 20161807,16341.553.10$29,689
Aug 201606,92341.442.92$20,245
Jul 20161708,13941.622.92$30,877
Jun 201607,17745.352.69$19,276
May 20161808,34842.521.99$24,275
Apr 201608,58936.561.99$17,101
Mar 20162748,60533.011.79$24,482
Feb 201606,79726.472.06$14,026
Jan 20161778,41027.352.36$24,725
Dec 20151779,28132.362.00$24,303
Nov 20151837,83238.792.17$24,073
Oct 20151697,00043.552.43$24,346
Sep 201509,14242.992.76$25,217
Aug 20151308,91940.162.87$30,841
Jul 201508,19848.152.95$24,144
Jun 20151739,18256.152.88$36,184
May 20151809,81055.212.96$38,931
Apr 20151799,97949.822.71$35,927
Mar 2015010,28042.892.93$30,169
Feb 20151239,59544.662.98$34,050
Jan 201528910,80443.433.10$46,050
Dec 201417510,74554.693.59$48,160
Nov 201418011,08770.464.25$59,823
Oct 2014012,22578.303.90$47,689
Sep 201405,26286.164.05$21,287

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.

Nov 2022 — as filed, then multipliedworked
Condensate            42 bbl  × $ 85.00 =     $3,570
Gas                    0 Mcf  × $  5.65 =         $0

────────────────────────────────────────────────────
Month total                                   $3,570

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/275287 is the state's own key, not one this site invented.