QUINN ESTATE

Operated by MITCHELL ENERGY CORPORATION (P-5 570655) in the PERSONVILLE N (COTTON VALLEY LM) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 127191District 05Field 70794500Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$60 k
Jan 1993 – Mar 1998
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
63
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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered
1968-05-31
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1993-03-29.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: EFF. 6-22-00 PER DOCKET #05-0224815.

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
CondensateDisposition1,217 bbl$19,863
GasProduction260,482 Mcf$40,330
Total$60,192

244,660 Mcf of this lease's gas, across 44 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 31.4600, -96.4288. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46004, -96.42882 · 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
0.0%
0 of 1 wells
Median depth
11,500 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 11,500 ft.

Completions filed
Mar 1998
1 of 1 wells

1 well

42-29330875211,500 ftMar 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 (63)

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

63 months

Mar 19980012.802.31$0
Feb 1998014313.952.30$329
Jan 199801,37914.702.15$2,971
Dec 199701,22916.322.41$2,963
Nov 199701,10318.193.09$3,406
Oct 199701,23819.253.15$3,899
Sep 199701,03817.742.95$3,067
Aug 199701,00717.862.55$2,573
Jul 1997074817.582.25$1,681
Jun 1997072917.242.26$1,646
May 199701,33218.972.31$3,075
Apr 199701,43417.882.08$2,987
Mar 199721,38518.951.94$2,724
Feb 199701,33020.492.21$2,934
Jan 199711,72723.483.54$6,137
Dec 199641,72623.32$93
Nov 199641,72221.97$88
Oct 199651,97223.31$117
Sep 199641,91922.22$89
Aug 199652,08120.26$101
Jul 199632,27919.55$59
Jun 199622,25218.73$37
May 199662,55019.43$117
Apr 199682,37621.51$172
Mar 199662,62219.38$116
Feb 1996103,22716.98$170
Jan 1996203,61817.07$341
Dec 1995133,04717.19$223
Nov 199522,64316.00$32
Oct 199562,55315.43$93
Sep 199593,79016.18$146
Aug 199594,62515.92$143
Jul 1995275,64115.24$411
Jun 1995579,06716.41$935
May 1995141,81917.56$246
Apr 1995457,54017.73$798
Mar 1995728,98616.44$1,184
Feb 19956810,89016.58$1,127
Jan 1995445,44815.92$700
Dec 199417015.03$256
Nov 1994264,55215.90$413
Oct 19940015.58$0
Sep 1994047315.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 1994114317.09$17
May 199463,29115.88$95
Apr 199474,76014.14$99
Mar 1994446,38212.46$548
Feb 19945310,02212.50$663
Jan 1994246,86112.66$304
Dec 1993398,11312.33$481
Nov 19935711,08014.49$826
Oct 19933210,23815.85$507
Sep 1993177,86715.03$256
Aug 1993277,73415.66$423
Jul 1993247,53415.46$371
Jun 1993337,54916.79$554
May 19936411,44317.68$1,132
Apr 19938211,08318.05$1,480
Mar 1993687,29918.14$1,234
Feb 19936711,72017.90$1,199
Jan 19938312,12316.93$1,405

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 1998 — as filed, then multipliedworked
Condensate             0 bbl  × $ 13.95 =         $0
Gas                  143 Mcf  × $  2.30 =       $329

────────────────────────────────────────────────────
Month total                                     $329

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/127191 is the state's own key, not one this site invented.