STATE TRACT 691

Name: STATE TRACT 691 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MAGNUM ENGINEERING COMPANY (P-5 521539) in the SAXET ( 2,600 LAGARTO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 90062District 04Field 81283228NGPA filingCondensateGasSave Export

Value, all time

$956 k

Jan 1993 – Oct 2013

Value, last 12 filed months

at the published price for each month

Months reported

250

no gaps in the span

Streams

condensate, gas

The SAXET ( 2,600 LAGARTO) 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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered

—

not filed

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: “ONE WELL FIELD EFF 12-1-92”

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	83 bbl	$1,179
Gas	Production	883,597 Mcf	$954,684
Total			$955,863

654,942 Mcf of this lease's gas, across 46 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 27.8243, -97.4809. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.82434, -97.48088 · 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

11,946 ft

1 wells filed one

Completion to plug

33.1 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 11,946 ft.

Completions filed

Sep 1980

1 of 1 wells

Plug dates filed

Oct 2013

1 of 1 wells

Last completion to plug: a median of 33.1 years across the 1 well that filed both dates, with the middle half between 33.1 years and 33.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-35531278	1	11,946 ft	Sep 1980	Oct 2013	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 (250)

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

250 months


Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
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	186	123.17	11.57	$2,153
Apr 2008	0	284	110.31	10.45	$2,969
Mar 2008	0	1,064	101.90	9.66	$10,283
Feb 2008	0	743	92.53	8.77	$6,517
Jan 2008	0	662	90.38	8.21	$5,432
Dec 2007	0	951	88.33	7.30	$6,944
Nov 2007	0	644	91.67	7.29	$4,696
Oct 2007	0	800	82.85	6.92	$5,538
Sep 2007	0	487	75.84	6.24	$3,041
Aug 2007	0	913	69.06	6.39	$5,832
Jul 2007	0	921	70.90	6.39	$5,883
Jun 2007	0	976	62.00	7.55	$7,367
May 2007	0	924	58.74	7.85	$7,250
Apr 2007	0	1,058	59.61	7.81	$8,258
Mar 2007	0	986	56.92	7.30	$7,200
Feb 2007	0	763	55.10	8.22	$6,269
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	998	56.65	6.92	$6,905
Nov 2006	0	972	54.20	7.62	$7,404
Oct 2006	0	941	54.90	6.01	$5,659
Sep 2006	0	768	60.08	5.04	$3,869
Aug 2006	0	766	68.71	7.34	$5,622
Jul 2006	0	928	69.37	6.34	$5,886
Jun 2006	0	1,072	66.28	6.38	$6,844
May 2006	0	1,103	66.01	6.42	$7,087
Apr 2006	0	1,038	64.39	7.36	$7,640
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	1,044	57.59	7.75	$8,092
Jan 2006	0	1,082	60.59	8.93	$9,666
Dec 2005	0	1,105	54.94	13.42	$14,824
Nov 2005	0	1,115	54.69	10.59	$11,806
Oct 2005	0	1,139	58.34	13.80	$15,713
Sep 2005	0	1,098	61.45	12.08	$13,263
Aug 2005	0	1,016	61.51	9.80	$9,954
Jul 2005	0	1,104	55.69	7.84	$8,659
Jun 2005	0	800	52.33	7.38	$5,905
May 2005	0	1,052	45.22	6.65	$6,997
Apr 2005	0	1,095	49.20	7.36	$8,060
Mar 2005	0	1,186	50.37	7.15	$8,486
Feb 2005	0	1,058	45.22	6.31	$6,678
Jan 2005	0	1,091	43.16	6.32	$6,898
Dec 2004	0	1,107	39.86	6.75	$7,473
Nov 2004	0	1,159	45.28	6.33	$7,337
Oct 2004	0	1,207	49.70	6.52	$7,864
Sep 2004	0	1,080	43.24	5.28	$5,707
Aug 2004	0	979	42.37	5.55	$5,434
Jul 2004	0	928	38.28	6.08	$5,646
Jun 2004	0	1,040	36.10	6.43	$6,690
May 2004	0	272	37.48	6.49	$1,767
Apr 2004	0	6	34.47	5.86	$35
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	266	32.45	5.51	$1,466
Jan 2004	0	35	32.03	6.30	$220
Dec 2003	0	671	30.26	6.30	$4,228
Nov 2003	0	589	28.80	4.60	$2,707
Oct 2003	0	211	28.17	4.76	$1,004
Sep 2003	0	1,118	26.31	4.75	$5,310
Aug 2003	0	1,081	29.76	5.13	$5,545
Jul 2003	0	1,293	29.41	5.17	$6,686
Jun 2003	0	1,181	28.56	5.98	$7,066
May 2003	0	1,326	26.59	5.97	$7,920
Apr 2003	0	1,367	26.67	5.41	$7,392
Mar 2003	0	1,491	31.14	6.10	$9,089
Feb 2003	0	1,252	33.48	7.93	$9,923
Jan 2003	0	1,685	30.31	5.58	$9,406
Dec 2002	0	1,335	26.91	4.85	$6,480
Nov 2002	0	1,292	24.66	4.14	$5,345
Oct 2002	0	1,190	26.46	4.23	$5,033
Sep 2002	0	1,073	27.44	3.64	$3,901
Aug 2002	0	1,303	25.96	3.16	$4,123
Jul 2002	0	1,270	24.58	3.06	$3,888
Jun 2002	0	1,388	23.73	3.34	$4,633
May 2002	0	1,196	24.66	3.58	$4,286
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	383	22.00	3.10	$1,188
Feb 2002	0	1,465	18.22	2.38	$3,480
Jan 2002	0	708	17.17	2.38	$1,682
Dec 2001	0	2,733	16.93	2.36	$6,462
Nov 2001	0	2,651	18.07	2.41	$6,377
Oct 2001	0	2,793	19.78	2.53	$7,063
Sep 2001	0	2,890	24.26	2.25	$6,506
Aug 2001	0	2,599	24.87	3.05	$7,935
Jul 2001	0	2,588	23.93	3.20	$8,274
Jun 2001	0	2,437	24.56	3.82	$9,319
May 2001	0	2,248	25.52	4.31	$9,683
Apr 2001	0	2,394	24.68	5.34	$12,773
Mar 2001	0	2,825	24.54	5.38	$15,188
Feb 2001	0	2,523	27.75	5.77	$14,550
Jan 2001	0	2,882	27.47	8.40	$24,205
Dec 2000	0	2,846	26.88	9.12	$25,963
Nov 2000	0	2,620	32.21	5.66	$14,824
Oct 2000	0	2,826	31.23	5.15	$14,541
Sep 2000	0	2,902	31.87	5.19	$15,051
Aug 2000	0	2,639	29.64	4.54	$11,983
Jul 2000	0	2,939	28.53	4.09	$12,020
Jun 2000	0	2,886	29.30	4.40	$12,690
May 2000	0	2,695	27.26	3.68	$9,917
Apr 2000	0	2,468	24.51	3.12	$7,690
Mar 2000	0	2,982	28.42	2.86	$8,528
Feb 2000	0	2,765	27.62	2.73	$7,539
Jan 2000	0	2,825	25.27	2.48	$7,007
Dec 1999	0	2,930	24.28	2.42	$7,102
Nov 1999	0	2,838	23.19	2.43	$6,908
Oct 1999	0	2,844	20.98	2.80	$7,974
Sep 1999	0	3,034	21.75	2.62	$7,946
Aug 1999	0	2,538	19.26	2.88	$7,298
Jul 1999	0	2,676	17.89	2.37	$6,348
Jun 1999	0	2,490	15.94	2.36	$5,882
May 1999	0	2,925	15.79	2.32	$6,789
Apr 1999	0	2,586	15.10	2.21	$5,710
Mar 1999	0	2,607	12.47	1.84	$4,793
Feb 1999	0	2,385	9.98	1.82	$4,335
Jan 1999	0	2,797	10.38	1.90	$5,314
Dec 1998	0	2,628	9.20	1.77	$4,660
Nov 1998	0	1,852	10.89	2.19	$4,048
Oct 1998	0	2,057	12.42	1.97	$4,051
Sep 1998	0	1,789	12.59	2.08	$3,726
Aug 1998	0	2,415	11.30	1.91	$4,606
Jul 1998	0	3,190	11.74	2.24	$7,137
Jun 1998	0	2,389	11.24	2.24	$5,345
May 1998	0	2,273	12.62	2.21	$5,015
Apr 1998	0	3,073	13.04	2.51	$7,699
Mar 1998	0	2,328	12.80	2.31	$5,376
Feb 1998	0	2,109	13.95	2.30	$4,849
Jan 1998	0	2,571	14.70	2.15	$5,540
Dec 1997	0	2,481	16.32	2.41	$5,982
Nov 1997	0	2,753	18.19	3.09	$8,502
Oct 1997	0	1,196	19.25	3.15	$3,767
Sep 1997	0	3,155	17.74	2.95	$9,323
Aug 1997	0	3,550	17.86	2.55	$9,069
Jul 1997	0	1,826	17.58	2.25	$4,103
Jun 1997	0	3,048	17.24	2.26	$6,880
May 1997	0	3,118	18.97	2.31	$7,198
Apr 1997	0	3,259	17.88	2.08	$6,788
Mar 1997	0	2,791	18.95	1.94	$5,412
Feb 1997	0	2,403	20.49	2.21	$5,301
Jan 1997	0	2,915	23.48	3.54	$10,318
Dec 1996	0	2,547	23.32	—	$0
Nov 1996	0	2,957	21.97	—	$0
Oct 1996	0	0	23.31	—	$0
Sep 1996	0	0	22.22	—	$0
Aug 1996	2	42	20.26	—	$41
Jul 1996	0	6,014	19.55	—	$0
Jun 1996	0	8,584	18.73	—	$0
May 1996	0	10,634	19.43	—	$0
Apr 1996	0	10,243	21.51	—	$0
Mar 1996	0	10,488	19.38	—	$0
Feb 1996	0	10,409	16.98	—	$0
Jan 1996	0	13,370	17.07	—	$0
Dec 1995	0	14,373	17.19	—	$0
Nov 1995	0	15,062	16.00	—	$0
Oct 1995	0	15,608	15.43	—	$0
Sep 1995	0	11,660	16.18	—	$0
Aug 1995	0	13,169	15.92	—	$0
Jul 1995	0	16,901	15.24	—	$0
Jun 1995	0	9,758	16.41	—	$0
May 1995	0	3,704	17.56	—	$0
Apr 1995	0	1,609	17.73	—	$0
Mar 1995	0	1,007	16.44	—	$0
Feb 1995	0	1,521	16.58	—	$0
Jan 1995	0	4,577	15.92	—	$0
Dec 1994	0	1,665	15.03	—	$0
Nov 1994	0	6,508	15.90	—	$0
Oct 1994	0	15,454	15.58	—	$0
Sep 1994	0	16,885	15.29	—	$0
Aug 1994	0	17,563	16.13	—	$0
Jul 1994	0	18,616	17.56	—	$0
Jun 1994	0	15,985	17.09	—	$0
May 1994	0	19,054	15.88	—	$0
Apr 1994	0	20,052	14.14	—	$0
Mar 1994	0	22,197	12.46	—	$0
Feb 1994	9	17,820	12.50	—	$113
Jan 1994	38	17,628	12.66	—	$481
Dec 1993	0	19,592	12.33	—	$0
Nov 1993	0	18,226	14.49	—	$0
Oct 1993	31	27,321	15.85	—	$491
Sep 1993	0	19,581	15.03	—	$0
Aug 1993	0	19,318	15.66	—	$0
Jul 1993	0	18,104	15.46	—	$0
Jun 1993	0	34,737	16.79	—	$0
May 1993	1	35,491	17.68	—	$18
Apr 1993	0	25,451	18.05	—	$0
Mar 1993	1	22,023	18.14	—	$18
Feb 1993	1	19,314	17.90	—	$18
Jan 1993	0	22,120	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.

May 2008 — as filed, then multipliedworked

Condensate             0 bbl  × $123.17 =         $0
Gas                  186 Mcf  × $ 11.57 =     $2,153

────────────────────────────────────────────────────
Month total                                   $2,153

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/90062 is the state's own key, not one this site invented.