STATE TRACT 397

Name: STATE TRACT 397 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by IBC PETROLEUM, INC. (P-5 421759) in the RED FISH BAY-MUS. IS (COMMON 10) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 76517District 04Field 75220500NGPA filingCondensateGasSave Export

Value, all time

$916 k

Jan 1993 – Jun 2012

Value, last 12 filed months

at the published price for each month

Months reported

234

no gaps in the span

Streams

condensate, gas

The RED FISH BAY-MUS. IS (COMMON 10) field

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 64 leases and 64 wells, and the rule below applies to all of them.

Discovered

1949-08-29

as the register files it

Field class

Gas

the register's own label

Between wells

2,640 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1952-06-30.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 08/01/98.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	5,542 bbl	$93,940
Gas	Production	795,526 Mcf	$822,256
Total			$916,196

475,541 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 27.8092, -97.1672. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.80924, -97.16717 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

8,257 ft

1 wells filed one

Completion to plug

34.2 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 8,257 ft.

Completions filed

Apr 1978

1 of 1 wells

Plug dates filed

Jun 2012

1 of 1 wells

Last completion to plug: a median of 34.2 years across the 1 well that filed both dates, with the middle half between 34.2 years and 34.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-35502696	6	8,257 ft	Apr 1978	Jun 2012	Yes

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 (234)

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

234 months


Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	145	22.00	3.10	$450
Feb 2002	21	1,476	18.22	2.38	$3,889
Jan 2002	17	1,480	17.17	2.38	$3,808
Dec 2001	36	1,483	16.93	2.36	$4,116
Nov 2001	22	1,695	18.07	2.41	$4,475
Oct 2001	4	5,130	19.78	2.53	$13,052
Sep 2001	4	4,933	24.26	2.25	$11,203
Aug 2001	6	4,485	24.87	3.05	$13,843
Jul 2001	6	2,522	23.93	3.20	$8,207
Jun 2001	6	1,830	24.56	3.82	$7,146
May 2001	6	1,940	25.52	4.31	$8,509
Apr 2001	5	2,020	24.68	5.34	$10,901
Mar 2001	6	1,460	24.54	5.38	$7,997
Feb 2001	7	1,443	27.75	5.77	$8,516
Jan 2001	7	1,200	27.47	8.40	$10,271
Dec 2000	8	1,300	26.88	9.12	$12,074
Nov 2000	8	2,110	32.21	5.66	$12,196
Oct 2000	3	1,312	31.23	5.15	$6,845
Sep 2000	4	1,165	31.87	5.19	$6,170
Aug 2000	3	490	29.64	4.54	$2,314
Jul 2000	3	1,747	28.53	4.09	$7,230
Jun 2000	4	810	29.30	4.40	$3,679
May 2000	3	930	27.26	3.68	$3,504
Apr 2000	5	825	24.51	3.12	$2,693
Mar 2000	3	1,225	28.42	2.86	$3,588
Feb 2000	6	595	27.62	2.73	$1,788
Jan 2000	3	1,120	25.27	2.48	$2,854
Dec 1999	4	120	24.28	2.42	$388
Nov 1999	2	1,305	23.19	2.43	$3,223
Oct 1999	1	1,384	20.98	2.80	$3,901
Sep 1999	5	1,200	21.75	2.62	$3,251
Aug 1999	0	115	19.26	2.88	$331
Jul 1999	0	115	17.89	2.37	$273
Jun 1999	9	138	15.94	2.36	$469
May 1999	9	969	15.79	2.32	$2,391
Apr 1999	4	197	15.10	2.21	$495
Mar 1999	7	170	12.47	1.84	$400
Feb 1999	13	996	9.98	1.82	$1,940
Jan 1999	6	1,930	10.38	1.90	$3,729
Dec 1998	52	5,566	9.20	1.77	$10,349
Nov 1998	51	10,864	10.89	2.19	$24,301
Oct 1998	64	11,263	12.42	1.97	$22,974
Sep 1998	64	9,131	12.59	2.08	$19,822
Aug 1998	58	10,046	11.30	1.91	$19,817
Jul 1998	97	10,753	11.74	2.24	$25,196
Jun 1998	75	10,350	11.24	2.24	$23,999
May 1998	86	11,525	12.62	2.21	$26,513
Apr 1998	93	11,280	13.04	2.51	$29,473
Mar 1998	75	11,353	12.80	2.31	$27,179
Feb 1998	69	10,141	13.95	2.30	$24,278
Jan 1998	109	13,207	14.70	2.15	$30,061
Dec 1997	101	12,248	16.32	2.41	$31,179
Nov 1997	122	10,400	18.19	3.09	$34,337
Oct 1997	71	11,550	19.25	3.15	$37,747
Sep 1997	85	11,296	17.74	2.95	$34,886
Aug 1997	163	10,804	17.86	2.55	$30,513
Jul 1997	30	11,835	17.58	2.25	$27,120
Jun 1997	96	12,061	17.24	2.26	$28,879
May 1997	101	12,964	18.97	2.31	$31,843
Apr 1997	123	12,362	17.88	2.08	$27,947
Mar 1997	100	12,436	18.95	1.94	$26,010
Feb 1997	117	10,712	20.49	2.21	$26,027
Jan 1997	58	10,328	23.48	3.54	$37,920
Dec 1996	80	10,539	23.32	—	$1,866
Nov 1996	106	12,916	21.97	—	$2,329
Oct 1996	81	11,894	23.31	—	$1,888
Sep 1996	34	11,067	22.22	—	$755
Aug 1996	72	11,440	20.26	—	$1,459
Jul 1996	81	11,698	19.55	—	$1,584
Jun 1996	106	11,658	18.73	—	$1,985
May 1996	107	13,063	19.43	—	$2,079
Apr 1996	69	10,839	21.51	—	$1,484
Mar 1996	88	9,996	19.38	—	$1,705
Feb 1996	185	10,388	16.98	—	$3,141
Jan 1996	0	9,023	17.07	—	$0
Dec 1995	194	10,068	17.19	—	$3,335
Nov 1995	97	10,866	16.00	—	$1,552
Oct 1995	0	14,358	15.43	—	$0
Sep 1995	73	13,828	16.18	—	$1,181
Aug 1995	124	10,032	15.92	—	$1,974
Jul 1995	106	10,921	15.24	—	$1,615
Jun 1995	67	10,994	16.41	—	$1,099
May 1995	71	8,556	17.56	—	$1,247
Apr 1995	105	7,656	17.73	—	$1,862
Mar 1995	70	10,222	16.44	—	$1,151
Feb 1995	61	7,588	16.58	—	$1,011
Jan 1995	87	8,171	15.92	—	$1,385
Dec 1994	73	11,421	15.03	—	$1,097
Nov 1994	38	11,506	15.90	—	$604
Oct 1994	77	12,501	15.58	—	$1,200
Sep 1994	27	10,729	15.29	—	$413
Aug 1994	70	10,848	16.13	—	$1,129
Jul 1994	25	11,531	17.56	—	$439
Jun 1994	35	11,278	17.09	—	$598
May 1994	75	10,501	15.88	—	$1,191
Apr 1994	26	11,350	14.14	—	$368
Mar 1994	51	12,025	12.46	—	$635
Feb 1994	50	12,139	12.50	—	$625
Jan 1994	63	10,476	12.66	—	$798
Dec 1993	54	11,418	12.33	—	$666
Nov 1993	52	3,047	14.49	—	$753
Oct 1993	28	3,209	15.85	—	$444
Sep 1993	29	830	15.03	—	$436
Aug 1993	13	1,320	15.66	—	$204
Jul 1993	13	2,290	15.46	—	$201
Jun 1993	62	306	16.79	—	$1,041
May 1993	56	11,538	17.68	—	$990
Apr 1993	58	11,861	18.05	—	$1,047
Mar 1993	75	12,974	18.14	—	$1,361
Feb 1993	65	11,190	17.90	—	$1,164
Jan 1993	37	11,472	16.93	—	$626

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.

Mar 2002 — as filed, then multipliedworked

Condensate             0 bbl  × $ 22.00 =         $0
Gas                  145 Mcf  × $  3.10 =       $450

────────────────────────────────────────────────────
Month total                                     $450

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/76517 is the state's own key, not one this site invented.