TALBERT, L. G.

Operated by ROYAL PRODUCTION COMPANY, INC. (P-5 732075) in the CORPUS CHRISTI, WEST (11000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 87296District 04Field 20745921NGPA filingCondensateGasSaveExport
Value, all time
$60 k
Jan 1993 – Jul 1998
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
67
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1980-03-30
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: CORPUS CHRISTI W (CONSOLIDATED) FIELD 20745052 EFF 10-1-02.

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
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
CondensateDisposition1,202 bbl$19,725
GasProduction217,743 Mcf$39,861
Total$59,585

200,963 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 27.7798, -97.4885. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.77984, -97.48853 · 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
13,414 ft
1 wells filed one
Completion to plug
11 months
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 13,414 ft.

Completions filed
Jan 1998
1 of 1 wells
Plug dates filed
Dec 1998
1 of 1 wells

Last completion to plug: a median of 11 months across the 1 well that filed both dates, with the middle half between 11 months and 11 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-35531516313,414 ftJan 1998Dec 1998Yes

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 (67)

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

67 months

Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 1998112012.622.21$1,413
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 199719613216.322.41$3,517
Nov 1997017518.193.09$540
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 199701,11918.972.31$2,583
Apr 199704,50517.882.08$9,383
Mar 199704,35918.951.94$8,453
Feb 199703,29120.492.21$7,260
Jan 199703,19923.483.54$11,324
Dec 199604,27423.32$0
Nov 199604,07421.97$0
Oct 199603,38723.31$0
Sep 199603,80822.22$0
Aug 199604,18720.26$0
Jul 199603,69219.55$0
Jun 199604,04618.73$0
May 1996274,59219.43$525
Apr 199604,06421.51$0
Mar 19962182,77019.38$4,225
Feb 199603,29616.98$0
Jan 199602,26817.07$0
Dec 199503,12317.19$0
Nov 199503,76816.00$0
Oct 199503,64615.43$0
Sep 199503,76216.18$0
Aug 199503,49815.92$0
Jul 199504,30115.24$0
Jun 19951683,75516.41$2,757
May 199504,37117.56$0
Apr 199503,36517.73$0
Mar 199503,48416.44$0
Feb 199503,77716.58$0
Jan 199503,99315.92$0
Dec 199403,40615.03$0
Nov 199403,91115.90$0
Oct 199404,19215.58$0
Sep 199404,61515.29$0
Aug 199404,71416.13$0
Jul 19941633,27217.56$2,862
Jun 199403,11217.09$0
May 199404,57715.88$0
Apr 199405,02314.14$0
Mar 199405,09812.46$0
Feb 199404,76812.50$0
Jan 19941754,69112.66$2,216
Dec 199304,91512.33$0
Nov 199304,11314.49$0
Oct 199305,40115.85$0
Sep 199305,00215.03$0
Aug 199304,12615.66$0
Jul 199305,67815.46$0
Jun 199304,99316.79$0
May 19931435,27817.68$2,528
Apr 199305,37418.05$0
Mar 199305,66218.14$0
Feb 199305,12517.90$0
Jan 199304,61616.93$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.

May 1998 — as filed, then multipliedworked
Condensate           112 bbl  × $ 12.62 =     $1,413
Gas                    0 Mcf  × $  2.21 =         $0

────────────────────────────────────────────────────
Month total                                   $1,413

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/87296 is the state's own key, not one this site invented.