KNIGHT, SAM UNIT

Operated by PRIME OPERATING COMPANY (P-5 677770) in the ALABAMA FERRY (GLENROSE D, WEST) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 129123District 05Field 01032100NGPA filingCondensateGasSaveExport
Value, all time
$401 k
Jan 1993 – Sep 2003
Value, last 12 filed months
$46 k
at the published price for each month
Months reported
129
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 148 leases and 207 wells, and the rule below applies to all of them.

Discovered
1987-04-04
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1990-10-01.

The Commission's schedule remark for this field reads: PER DAY EFF. 10-1-90 PER DOCKET #5-94610.

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
CondensateDisposition8,839 bbl$182,965
GasProduction116,476 Mcf$217,868
Total$400,834

49,387 Mcf of this lease's gas, across 45 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 31.2283, -95.9008. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.22833, -95.90077 · 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
9,342 ft
1 wells filed one
Completion to plug
29.7 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 9,342 ft.

Completions filed
Oct 1988
1 of 1 wells
Plug dates filed
Jun 2018
1 of 1 wells

Last completion to plug: a median of 29.7 years across the 1 well that filed both dates, with the middle half between 29.7 years and 29.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2893099829,342 ftOct 1988Jun 2018Yes

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 (129)

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

129 months

Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 200350029.415.17$1,471
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 2003191026.675.41$5,094
Mar 200318972831.146.10$10,323
Feb 2003064333.487.93$5,096
Jan 200319175930.315.58$10,026
Dec 2002074026.914.85$3,592
Nov 200219071524.664.14$7,643
Oct 2002069426.464.23$2,935
Sep 2002039527.443.64$1,436
Aug 200219490325.963.16$7,893
Jul 2002087024.583.06$2,664
Jun 2002086223.733.34$2,878
May 200219483924.663.58$7,791
Apr 200219478323.653.51$7,338
Mar 2002087522.003.10$2,715
Feb 200219583318.222.38$5,532
Jan 2002084017.172.38$1,996
Dec 200119696516.932.36$5,600
Nov 200119483818.072.41$5,521
Oct 2001094119.782.53$2,380
Sep 20011971,03824.262.25$7,116
Aug 200101,12624.873.05$3,438
Jul 200119185923.933.20$7,317
Jun 2001094124.563.82$3,599
May 200118790425.524.31$8,666
Apr 2001084324.685.34$4,498
Mar 200117696124.545.38$9,486
Feb 200119384627.755.77$10,235
Jan 200101,01227.478.40$8,500
Dec 200019094926.889.12$13,764
Nov 200018994332.215.66$11,423
Oct 200001,04331.235.15$5,367
Sep 200018797931.875.19$11,037
Aug 200001,09629.644.54$4,977
Jul 200001,11128.534.09$4,544
Jun 200018671129.304.40$8,576
May 200001127.263.68$40
Apr 20000024.513.12$0
Mar 200002728.422.86$77
Feb 2000037927.622.73$1,033
Jan 2000067425.272.48$1,672
Dec 199920971224.282.42$6,800
Nov 1999070923.192.43$1,726
Oct 199919681920.982.80$6,408
Sep 1999077721.752.62$2,035
Aug 1999080819.262.88$2,323
Jul 1999084217.892.37$1,998
Jun 199919671015.942.36$4,801
May 1999089915.792.32$2,087
Apr 199919783115.102.21$4,810
Mar 1999078112.471.84$1,436
Feb 199908159.981.82$1,482
Jan 199919673110.381.90$3,423
Dec 199809599.201.77$1,701
Nov 199819163410.892.19$3,466
Oct 1998084912.421.97$1,672
Sep 1998086212.592.08$1,795
Aug 199801,09111.301.91$2,081
Jul 19981951,16311.742.24$4,891
Jun 199801,09411.242.24$2,448
May 19981921,16812.622.21$5,000
Apr 199801,09513.042.51$2,743
Mar 199801,03612.802.31$2,393
Feb 199820098713.952.30$5,059
Jan 199801,15514.702.15$2,489
Dec 19971981,24416.322.41$6,231
Nov 19971911,16118.193.09$7,060
Oct 199701,23119.253.15$3,877
Sep 199701,39017.742.95$4,107
Aug 19971731,32617.862.55$6,477
Jul 199701,39317.582.25$3,130
Jun 19971881,18517.242.26$5,916
May 19971921,10118.972.31$6,184
Apr 199701,08517.882.08$2,260
Mar 1997299918.951.94$1,975
Feb 199701,33520.492.21$2,945
Jan 19971881,43623.483.54$9,497
Dec 199601,33923.32$0
Nov 19961851,39421.97$4,064
Oct 199601,40223.31$0
Sep 19961911,30622.22$4,244
Aug 199601,75720.26$0
Jul 199601,54419.55$0
Jun 199601,31918.73$0
May 19961921,66119.43$3,731
Apr 199602,32521.51$0
Mar 19961981,55119.38$3,837
Feb 199601,57416.98$0
Jan 19961661,34917.07$2,834
Dec 19951951,56317.19$3,352
Nov 199501,92716.00$0
Oct 19951932,14715.43$2,978
Sep 199502,14516.18$0
Aug 19951862,23915.92$2,961
Jul 199502,20315.24$0
Jun 199501,15216.41$0
May 19951721,13417.56$3,020
Apr 199501,47317.73$0
Mar 199501,42716.44$0
Feb 19951951,68516.58$3,233
Jan 199502,36915.92$0
Dec 1994032315.03$0
Nov 199406315.90$0
Oct 19940015.58$0
Sep 199406215.29$0
Aug 19940016.13$0
Jul 199406117.56$0
Jun 19940917.09$0
May 19942515.88$32
Apr 199405414.14$0
Mar 199407712.46$0
Feb 19940012.50$0
Jan 199405812.66$0
Dec 199306812.33$0
Nov 199302814.49$0
Oct 199307715.85$0
Sep 199304715.03$0
Aug 199307615.66$0
Jul 1993013215.46$0
Jun 1993020816.79$0
May 199304117.68$0
Apr 199309518.05$0
Mar 1993015618.14$0
Feb 199301,45517.90$0
Jan 19933866,30716.93$6,535

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.

Jul 2003 — as filed, then multipliedworked
Condensate            50 bbl  × $ 29.41 =     $1,471
Gas                    0 Mcf  × $  5.17 =         $0

────────────────────────────────────────────────────
Month total                                   $1,471

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/129123 is the state's own key, not one this site invented.