TEXON ROYALTY CO

Operated by APACHE CORPORATION (P-5 27200) in the STRATTON (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 93228District 04Field 86508170NGPA filingGasSaveExport
Value, all time
$3.5 M
Jan 1993 – Sep 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
225
no gaps in the span
Streams
1
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 856 leases and 917 wells, and the rule below applies to all of them.

Discovered
1990-07-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2000-01-11.

The Commission's schedule remark for this field reads: WITH A DIAG. OF 1500 FEET.

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
NGPA2none

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
GasProduction1,114,522 Mcf$3,453,442
Total$3,453,442

312,251 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 27.6787, -97.9221. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.67868, -97.92208 · 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
6,516 ft
1 wells filed one
Completion to plug
6.5 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 6,516 ft.

Completions filed
Mar 2005
1 of 1 wells
Plug dates filed
Sep 2011
1 of 1 wells

Last completion to plug: a median of 6.5 years across the 1 well that filed both dates, with the middle half between 6.5 years and 6.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3553170146,516 ftMar 2005Sep 2011Yes

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 (225)

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

225 months

Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 20069764.397.36$714
Mar 20061,03456.707.08$7,324
Feb 20061,14057.597.75$8,836
Jan 20061,65660.598.93$14,794
Dec 20051,87854.9413.42$25,194
Nov 20051,67554.6910.59$17,736
Oct 20052,08358.3413.80$28,737
Sep 20052,87961.4512.08$34,775
Aug 20052,79561.519.80$27,382
Jul 20053,07555.697.84$24,119
Jun 20054,16952.337.38$30,772
May 20059,06045.226.65$60,260
Apr 200512,32449.207.36$90,711
Mar 20054,16250.377.15$29,779
Feb 20051,49945.226.31$9,462
Jan 20052,19343.166.32$13,865
Dec 20042,29139.866.75$15,467
Nov 20042,33745.286.33$14,794
Oct 20042,49549.706.52$16,255
Sep 20042,40943.245.28$12,729
Aug 20042,64342.375.55$14,670
Jul 20043,30038.286.08$20,078
Jun 20042,69136.106.43$17,311
May 20047,73037.486.49$50,203
Apr 200410,86034.475.86$63,623
Mar 200413,26434.365.53$73,352
Feb 200413,75732.455.51$75,796
Jan 200412,87932.036.30$81,133
Dec 20034,14130.266.30$26,095
Nov 200312,36228.804.60$56,805
Oct 200312,98128.174.76$61,785
Sep 200313,17226.314.75$62,559
Aug 200314,72029.765.13$75,509
Jul 200315,19729.415.17$78,581
Jun 200311,72428.565.98$70,144
May 20037,26026.595.97$43,362
Apr 20037,10426.675.41$38,413
Mar 20037,35331.146.10$44,824
Feb 20036,93933.487.93$54,998
Jan 20038,04830.315.58$44,924
Dec 20027,43926.914.85$36,107
Nov 20027,02324.664.14$29,054
Oct 20026,70026.464.23$28,335
Sep 20027,44527.443.64$27,064
Aug 20025,99525.963.16$18,969
Jul 20025,69424.583.06$17,434
Jun 20026,49123.733.34$21,669
May 20026,98624.663.58$25,038
Apr 20028,37423.653.51$29,412
Mar 20027,25022.003.10$22,495
Feb 20028,11618.222.38$19,281
Jan 20026,83317.172.38$16,233
Dec 20015,77416.932.36$13,652
Nov 20014,56718.072.41$10,986
Oct 20013,95119.782.53$9,992
Sep 20014,64224.262.25$10,451
Aug 20014,72624.873.05$14,429
Jul 20014,98723.933.20$15,944
Jun 20014,93124.563.82$18,857
May 20015,56925.524.31$23,987
Apr 20015,20424.685.34$27,765
Mar 20017,30424.545.38$39,270
Feb 200110,93627.755.77$63,069
Jan 200111,91927.478.40$100,105
Dec 200012,79526.889.12$116,722
Nov 200012,03232.215.66$68,077
Oct 200011,31731.235.15$58,232
Sep 200012,74531.875.19$66,102
Aug 200016,38329.644.54$74,391
Jul 200014,45728.534.09$59,126
Jun 200013,64129.304.40$59,983
May 200014,69327.263.68$54,067
Apr 200014,16824.513.12$44,147
Mar 200016,73928.422.86$47,869
Feb 200015,34127.622.73$41,827
Jan 200016,76025.272.48$41,573
Dec 199918,35324.282.42$44,483
Nov 199917,59423.192.43$42,824
Oct 199920,76020.982.80$58,205
Sep 199918,75021.752.62$49,103
Aug 199911,13619.262.88$32,023
Jul 19992,99317.892.37$7,101
Jun 19993,82315.942.36$9,030
May 19994,04315.792.32$9,384
Apr 19993,97515.102.21$8,777
Mar 19994,12012.471.84$7,574
Feb 19993,7659.981.82$6,844
Jan 19994,20810.381.90$7,995
Dec 19984,2259.201.77$7,492
Nov 19984,20010.892.19$9,180
Oct 19984,11812.421.97$8,109
Sep 19984,27212.592.08$8,897
Aug 19984,05411.301.91$7,732
Jul 19984,38311.742.24$9,806
Jun 19984,33111.242.24$9,690
May 19984,00912.622.21$8,845
Apr 19984,49313.042.51$11,256
Mar 19984,66312.802.31$10,769
Feb 19984,26813.952.30$9,813
Jan 19984,77614.702.15$10,291
Dec 19975,00416.322.41$12,065
Nov 19975,28318.193.09$16,315
Oct 19974,64719.253.15$14,637
Sep 19974,50417.742.95$13,309
Aug 19974,60117.862.55$11,754
Jul 19974,66617.582.25$10,484
Jun 19974,76217.242.26$10,749
May 19974,99518.972.31$11,531
Apr 19975,04817.882.08$10,514
Mar 19974,25118.951.94$8,243
Feb 19974,49020.492.21$9,904
Jan 19975,40523.483.54$19,132
Dec 19965,78023.32$0
Nov 19965,89421.97$0
Oct 19966,21923.31$0
Sep 19966,29122.22$0
Aug 19966,05620.26$0
Jul 19965,58819.55$0
Jun 19965,42218.73$0
May 19965,60319.43$0
Apr 19965,56321.51$0
Mar 19965,85419.38$0
Feb 19965,51816.98$0
Jan 19965,36217.07$0
Dec 19955,83717.19$0
Nov 19955,40016.00$0
Oct 19956,02415.43$0
Sep 19955,84816.18$0
Aug 19957,02315.92$0
Jul 19953,79615.24$0
Jun 19956,03816.41$0
May 19956,77317.56$0
Apr 19956,53317.73$0
Mar 19956,34016.44$0
Feb 19953,78216.58$0
Jan 19953,80315.92$0
Dec 19946,22915.03$0
Nov 19948,47115.90$0
Oct 19943,97415.58$0
Sep 19946,17715.29$0
Aug 19947,29216.13$0
Jul 19946,75617.56$0
Jun 19946,86517.09$0
May 19946,57715.88$0
Apr 19947,04414.14$0
Mar 19947,41312.46$0
Feb 19946,75912.50$0
Jan 19947,59812.66$0
Dec 19937,72712.33$0
Nov 19937,60414.49$0
Oct 19937,73315.85$0
Sep 19937,71315.03$0
Aug 19937,92915.66$0
Jul 19938,11115.46$0
Jun 19938,06316.79$0
May 19937,75617.68$0
Apr 19938,08018.05$0
Mar 19938,20318.14$0
Feb 19937,53117.90$0
Jan 19938,29916.93$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.

Apr 2006 — as filed, then multipliedworked
Gas                   97 Mcf  × $  7.36 =       $714

────────────────────────────────────────────────────
Month total                                     $714

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/93228 is the state's own key, not one this site invented.