TEXAS STATE TRACT 196-197 UNIT 2

Name: TEXAS STATE TRACT 196-197 UNIT 2 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PI ENERGY, INC. (P-5 664190) in the TALLEY ISLAND field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 86475District 04Field 88218500NGPA filingCondensateGasSave Export

Value, all time

$170 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 TALLEY ISLAND 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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered

1979-07-09

as the register files it

Field class

Gas

the register's own label

Between wells

2,640 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1980-01-01.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED ADMIN. EFF 5-1-95.”

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	3,078 bbl	$87,948
Gas	Production	52,428 Mcf	$81,597
Total			$169,545

30,087 Mcf of this lease's gas, across 38 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 27.9786, -97.0440. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.97857, -97.04400 · 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

11,544 ft

1 wells filed one

Completion to plug

32.5 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 11,544 ft.

Completions filed

Dec 1979

1 of 1 wells

Plug dates filed

Jun 2012

1 of 1 wells

Last completion to plug: a median of 32.5 years across the 1 well that filed both dates, with the middle half between 32.5 years and 32.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-00730628	1	11,544 ft	Dec 1979	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	3	0	55.10	8.22	$165
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	6	0	54.20	7.62	$325
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	20	16	60.08	5.04	$1,282
Aug 2006	10	130	68.71	7.34	$1,641
Jul 2006	0	114	69.37	6.34	$723
Jun 2006	0	282	66.28	6.38	$1,800
May 2006	0	102	66.01	6.42	$655
Apr 2006	0	18	64.39	7.36	$132
Mar 2006	0	64	56.70	7.08	$453
Feb 2006	0	186	57.59	7.75	$1,442
Jan 2006	31	238	60.59	8.93	$4,004
Dec 2005	0	34	54.94	13.42	$456
Nov 2005	17	52	54.69	10.59	$1,480
Oct 2005	33	172	58.34	13.80	$4,298
Sep 2005	0	148	61.45	12.08	$1,788
Aug 2005	36	144	61.51	9.80	$3,625
Jul 2005	35	121	55.69	7.84	$2,898
Jun 2005	43	124	52.33	7.38	$3,165
May 2005	45	100	45.22	6.65	$2,700
Apr 2005	0	348	49.20	7.36	$2,561
Mar 2005	45	152	50.37	7.15	$3,354
Feb 2005	48	97	45.22	6.31	$2,783
Jan 2005	46	262	43.16	6.32	$3,642
Dec 2004	0	139	39.86	6.75	$938
Nov 2004	0	159	45.28	6.33	$1,007
Oct 2004	87	113	49.70	6.52	$5,060
Sep 2004	0	160	43.24	5.28	$845
Aug 2004	84	106	42.37	5.55	$4,147
Jul 2004	0	151	38.28	6.08	$919
Jun 2004	0	207	36.10	6.43	$1,332
May 2004	29	130	37.48	6.49	$1,931
Apr 2004	0	231	34.47	5.86	$1,353
Mar 2004	0	53	34.36	5.53	$293
Feb 2004	10	8	32.45	5.51	$369
Jan 2004	0	11	32.03	6.30	$69
Dec 2003	52	28	30.26	6.30	$1,750
Nov 2003	25	36	28.80	4.60	$885
Oct 2003	34	58	28.17	4.76	$1,234
Sep 2003	39	66	26.31	4.75	$1,340
Aug 2003	43	64	29.76	5.13	$1,608
Jul 2003	45	24	29.41	5.17	$1,448
Jun 2003	80	21	28.56	5.98	$2,410
May 2003	54	17	26.59	5.97	$1,537
Apr 2003	0	30	26.67	5.41	$162
Mar 2003	64	40	31.14	6.10	$2,237
Feb 2003	37	15	33.48	7.93	$1,358
Jan 2003	24	48	30.31	5.58	$995
Dec 2002	39	48	26.91	4.85	$1,282
Nov 2002	58	84	24.66	4.14	$1,778
Oct 2002	45	61	26.46	4.23	$1,449
Sep 2002	0	68	27.44	3.64	$247
Aug 2002	16	40	25.96	3.16	$542
Jul 2002	51	21	24.58	3.06	$1,318
Jun 2002	102	79	23.73	3.34	$2,684
May 2002	15	69	24.66	3.58	$617
Apr 2002	46	67	23.65	3.51	$1,323
Mar 2002	21	83	22.00	3.10	$720
Feb 2002	30	30	18.22	2.38	$618
Jan 2002	33	27	17.17	2.38	$631
Dec 2001	45	27	16.93	2.36	$826
Nov 2001	22	29	18.07	2.41	$467
Oct 2001	41	44	19.78	2.53	$922
Sep 2001	18	45	24.26	2.25	$538
Aug 2001	42	21	24.87	3.05	$1,109
Jul 2001	31	32	23.93	3.20	$844
Jun 2001	35	62	24.56	3.82	$1,097
May 2001	38	40	25.52	4.31	$1,142
Apr 2001	30	65	24.68	5.34	$1,087
Mar 2001	40	31	24.54	5.38	$1,148
Feb 2001	41	57	27.75	5.77	$1,466
Jan 2001	29	87	27.47	8.40	$1,527
Dec 2000	41	108	26.88	9.12	$2,087
Nov 2000	39	146	32.21	5.66	$2,082
Oct 2000	30	28	31.23	5.15	$1,081
Sep 2000	36	50	31.87	5.19	$1,407
Aug 2000	56	421	29.64	4.54	$3,572
Jul 2000	47	301	28.53	4.09	$2,572
Jun 2000	22	101	29.30	4.40	$1,089
May 2000	37	236	27.26	3.68	$1,877
Apr 2000	43	205	24.51	3.12	$1,693
Mar 2000	0	33	28.42	2.86	$94
Feb 2000	5	43	27.62	2.73	$255
Jan 2000	30	257	25.27	2.48	$1,396
Dec 1999	72	211	24.28	2.42	$2,260
Nov 1999	32	190	23.19	2.43	$1,205
Oct 1999	22	130	20.98	2.80	$826
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	21	153	19.26	2.88	$844
Jul 1999	28	94	17.89	2.37	$724
Jun 1999	23	153	15.94	2.36	$728
May 1999	114	265	15.79	2.32	$2,415
Apr 1999	46	261	15.10	2.21	$1,271
Mar 1999	30	92	12.47	1.84	$543
Feb 1999	0	255	9.98	1.82	$464
Jan 1999	80	0	10.38	1.90	$830
Dec 1998	45	114	9.20	1.77	$616
Nov 1998	47	192	10.89	2.19	$931
Oct 1998	46	227	12.42	1.97	$1,018
Sep 1998	93	552	12.59	2.08	$2,320
Aug 1998	0	954	11.30	1.91	$1,820
Jul 1998	0	836	11.74	2.24	$1,870
Jun 1998	0	817	11.24	2.24	$1,828
May 1998	0	468	12.62	2.21	$1,033
Apr 1998	0	1,025	13.04	2.51	$2,568
Mar 1998	0	571	12.80	2.31	$1,319
Feb 1998	0	501	13.95	2.30	$1,152
Jan 1998	0	420	14.70	2.15	$905
Dec 1997	0	312	16.32	2.41	$752
Nov 1997	0	539	18.19	3.09	$1,665
Oct 1997	0	246	19.25	3.15	$775
Sep 1997	0	489	17.74	2.95	$1,445
Aug 1997	0	360	17.86	2.55	$920
Jul 1997	0	682	17.58	2.25	$1,532
Jun 1997	0	128	17.24	2.26	$289
May 1997	0	0	18.97	2.31	$0
Apr 1997	0	600	17.88	2.08	$1,250
Mar 1997	0	908	18.95	1.94	$1,761
Feb 1997	0	973	20.49	2.21	$2,146
Jan 1997	0	658	23.48	3.54	$2,329
Dec 1996	0	97	23.32	—	$0
Nov 1996	0	1,100	21.97	—	$0
Oct 1996	0	1,396	23.31	—	$0
Sep 1996	0	858	22.22	—	$0
Aug 1996	0	0	20.26	—	$0
Jul 1996	0	260	19.55	—	$0
Jun 1996	0	0	18.73	—	$0
May 1996	0	239	19.43	—	$0
Apr 1996	0	0	21.51	—	$0
Mar 1996	0	241	19.38	—	$0
Feb 1996	0	0	16.98	—	$0
Jan 1996	0	1,864	17.07	—	$0
Dec 1995	0	280	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	107	15.43	—	$0
Sep 1995	0	233	16.18	—	$0
Aug 1995	0	221	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	174	16.41	—	$0
May 1995	0	192	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	15	15.03	—	$0
Nov 1994	0	26	15.90	—	$0
Oct 1994	0	13	15.58	—	$0
Sep 1994	0	15	15.29	—	$0
Aug 1994	0	102	16.13	—	$0
Jul 1994	0	66	17.56	—	$0
Jun 1994	0	175	17.09	—	$0
May 1994	0	429	15.88	—	$0
Apr 1994	0	206	14.14	—	$0
Mar 1994	0	1,021	12.46	—	$0
Feb 1994	0	147	12.50	—	$0
Jan 1994	0	511	12.66	—	$0
Dec 1993	0	305	12.33	—	$0
Nov 1993	0	717	14.49	—	$0
Oct 1993	0	2,887	15.85	—	$0
Sep 1993	0	5,319	15.03	—	$0
Aug 1993	0	7,763	15.66	—	$0
Jul 1993	0	539	15.46	—	$0
Jun 1993	0	180	16.79	—	$0
May 1993	0	598	17.68	—	$0
Apr 1993	0	702	18.05	—	$0
Mar 1993	0	296	18.14	—	$0
Feb 1993	0	315	17.90	—	$0
Jan 1993	0	478	16.93	—	$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.

Feb 2007 — as filed, then multipliedworked

Condensate             3 bbl  × $ 55.10 =       $165
Gas                    0 Mcf  × $  8.22 =         $0

────────────────────────────────────────────────────
Month total                                     $165

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/86475 is the state's own key, not one this site invented.