JOHNSON

Operated by SPENCE, RALPH OIL COMPANY, INC. (P-5 809331) in the MARTINS MILL (RODESSA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 103628District 05Field 57810500NGPA filingCondensateGasSaveExport
Value, all time
$599 k
Jan 1993 – Dec 2004
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
144
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1978-01-20
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: ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFF. 6-1-95

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.

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
CondensateDisposition2,266 bbl$46,417
GasProduction291,175 Mcf$552,703
Total$599,119

149,467 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 32.4315, -95.7501. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.43150, -95.75011 · 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
8,600 ft
1 wells filed one
Completion to plug
7.8 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 8,600 ft.

Completions filed
Dec 1996
1 of 1 wells
Plug dates filed
Sep 2004
1 of 1 wells

Last completion to plug: a median of 7.8 years across the 1 well that filed both dates, with the middle half between 7.8 years and 7.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4673053218,600 ftDec 1996Sep 2004Yes

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 (144)

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

144 months

Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 2004157034.475.86$5,412
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 200301,32128.174.76$6,287
Sep 200302,18726.314.75$10,387
Aug 200302,32629.765.13$11,932
Jul 200302,51929.415.17$13,025
Jun 200302,29828.565.98$13,749
May 200302,12126.595.97$12,668
Apr 200302,57726.675.41$13,935
Mar 200302,62531.146.10$16,002
Feb 200301,89333.487.93$15,004
Jan 200302,37330.315.58$13,246
Dec 20021783,09426.914.85$19,808
Nov 200202,65624.664.14$10,988
Oct 200201,31526.464.23$5,561
Sep 200202,16227.443.64$7,859
Aug 2002095325.963.16$3,015
Jul 2002073924.583.06$2,263
Jun 2002097823.733.34$3,265
May 200202,64724.663.58$9,487
Apr 200202,06723.653.51$7,260
Mar 200201,81922.003.10$5,644
Feb 2002092318.222.38$2,193
Jan 200202,58817.172.38$6,148
Dec 200103,47816.932.36$8,223
Nov 200102,40118.072.41$5,776
Oct 200101,81619.782.53$4,592
Sep 200101,99224.262.25$4,485
Aug 2001084924.873.05$2,592
Jul 200101,44223.933.20$4,610
Jun 20011802,41524.563.82$13,656
May 200102,61825.524.31$11,277
Apr 200102,44624.685.34$13,050
Mar 200102,63724.545.38$14,178
Feb 200102,91327.755.77$16,800
Jan 200103,21827.478.40$27,027
Dec 200002,65626.889.12$24,229
Nov 200001,65732.215.66$9,375
Oct 200002,54831.235.15$13,111
Sep 200002,55831.875.19$13,267
Aug 200003,17529.644.54$14,417
Jul 200002,70328.534.09$11,055
Jun 20001522,84729.304.40$16,973
May 200002,02527.263.68$7,451
Apr 200002,79824.513.12$8,719
Mar 200003,27928.422.86$9,377
Feb 200002,84327.622.73$7,751
Jan 200003,44625.272.48$8,548
Dec 199903,41824.282.42$8,284
Nov 1999831,76823.192.43$6,228
Oct 199902,74120.982.80$7,685
Sep 199902,15121.752.62$5,633
Aug 199903,07919.262.88$8,854
Jul 199903,53517.892.37$8,386
Jun 199903,55315.942.36$8,393
May 199903,39315.792.32$7,875
Apr 199902,77115.102.21$6,119
Mar 199902,53912.471.84$4,668
Feb 199903129.981.82$567
Jan 1999027210.381.90$517
Dec 199808319.201.77$1,474
Nov 199801,72510.892.19$3,770
Oct 199802,69112.421.97$5,299
Sep 199801,31012.592.08$2,728
Aug 19980011.301.91$0
Jul 1998018811.742.24$421
Jun 1998035111.242.24$785
May 199807412.622.21$163
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 199701118.193.09$34
Oct 199701219.253.15$38
Sep 1997931417.742.95$1,691
Aug 199701017.862.55$26
Jul 19970817.582.25$18
Jun 19970117.242.26$2
May 19970018.972.31$0
Apr 19970117.882.08$2
Mar 19970418.951.94$8
Feb 19970320.492.21$7
Jan 19970123.483.54$4
Dec 199603923.32$0
Nov 1996011121.97$0
Oct 199618615523.31$4,336
Sep 1996039622.22$0
Aug 1996081120.26$0
Jul 199609719.55$0
Jun 1996013318.73$0
May 1996052219.43$0
Apr 1996074621.51$0
Mar 1996039019.38$0
Feb 1996077816.98$0
Jan 199603,68917.07$0
Dec 1995098817.19$0
Nov 199502,75916.00$0
Oct 199503,98315.43$0
Sep 19951723,42716.18$2,783
Aug 199503,49515.92$0
Jul 199503,46815.24$0
Jun 199501,34916.41$0
May 1995042217.56$0
Apr 199502,24817.73$0
Mar 199503,36816.44$0
Feb 19951821,79116.58$3,018
Jan 199503,59515.92$0
Dec 199403,03215.03$0
Nov 199402,54715.90$0
Oct 199405,11415.58$0
Sep 199403,01015.29$0
Aug 19941484,00616.13$2,387
Jul 199404,62617.56$0
Jun 199405,15817.09$0
May 19941762,27615.88$2,795
Apr 199404,92414.14$0
Mar 199407,23812.46$0
Feb 19941432,80412.50$1,788
Jan 199405,54012.66$0
Dec 1993566,08412.33$690
Nov 199304,24814.49$0
Oct 199302,97815.85$0
Sep 19931755,13715.03$2,630
Aug 199303,54915.66$0
Jul 199303,74515.46$0
Jun 199306,80316.79$0
May 199306,36417.68$0
Apr 19931853,50418.05$3,339
Mar 199308,55918.14$0
Feb 199305,77917.90$0
Jan 199303,68216.93$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 2004 — as filed, then multipliedworked
Condensate           157 bbl  × $ 34.47 =     $5,412
Gas                    0 Mcf  × $  5.86 =         $0

────────────────────────────────────────────────────
Month total                                   $5,412

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. 05/G/103628 is the state's own key, not one this site invented.