OAKS-TURNER GAS UNIT NO. 1

Operated by XTO ENERGY INC. (P-5 945936) in the FARRAR (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 146703District 05Field 303215002 tax incentive programmesCondensateGasSaveExport
Value, all time
$754 k
Aug 1993 – May 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
226
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 300 leases and 300 wells, and the rule below applies to all of them.

Discovered
1963-08-25
as the register files it
Field class
Gas
the register's own label
Between wells
600 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 2006-11-14.

The Commission's schedule remark for this field reads: PRORATION PURPOSES.

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
High Cost Gas111993-10-15129377
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
CondensateDisposition1,842 bbl$31,904
GasProduction715,965 Mcf$721,967
Total$753,871

475,145 Mcf of this lease's gas, across 41 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 31.4572, -96.2595. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45722, -96.25950 · 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
9,521 ft
1 wells filed one
Completion to plug
8.7 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 9,521 ft.

Completions filed
Sep 2003
1 of 1 wells
Plug dates filed
May 2012
1 of 1 wells

Last completion to plug: a median of 8.7 years across the 1 well that filed both dates, with the middle half between 8.7 years and 8.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1613121129,521 ftSep 2003May 2012Yes

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 (226)

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

226 months

May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080792.538.77$61
Jan 20085690.388.21$501
Dec 20072688.337.30$220
Nov 20072291.677.29$198
Oct 20072282.856.92$180
Sep 200707975.846.24$493
Aug 200737869.066.39$705
Jul 200716770.906.39$499
Jun 200707062.007.55$528
May 200709158.747.85$714
Apr 200706059.617.81$468
Mar 200708056.927.30$584
Feb 200704055.108.22$329
Jan 200755350.306.73$608
Dec 200605456.656.92$374
Nov 20060054.207.62$0
Oct 200606554.906.01$391
Sep 200604960.085.04$247
Aug 200605368.717.34$389
Jul 200608369.376.34$526
Jun 200606666.286.38$421
May 200606566.016.42$418
Apr 200613164.397.36$293
Mar 200609056.707.08$637
Feb 2006111557.597.75$949
Jan 2006011560.598.93$1,027
Dec 200519954.9413.42$1,383
Nov 200519054.6910.59$1,008
Oct 2005012058.3413.80$1,655
Sep 2005013861.4512.08$1,667
Aug 2005011361.519.80$1,107
Jul 2005012555.697.84$980
Jun 2005016652.337.38$1,225
May 2005133945.226.65$2,300
Apr 2005033449.207.36$2,458
Mar 2005035250.377.15$2,519
Feb 2005136645.226.31$2,355
Jan 2005040043.166.32$2,529
Dec 2004140539.866.75$2,774
Nov 2004039445.286.33$2,494
Oct 2004138849.706.52$2,578
Sep 2004039343.245.28$2,077
Aug 2004249342.375.55$2,821
Jul 2004245138.286.08$2,821
Jun 2004042536.106.43$2,734
May 2004045337.486.49$2,942
Apr 2004038134.475.86$2,232
Mar 2004146734.365.53$2,617
Feb 2004041732.455.51$2,298
Jan 2004042732.036.30$2,690
Dec 2003154530.266.30$3,465
Nov 2003244728.804.60$2,112
Oct 2003177628.174.76$3,722
Sep 2003479926.314.75$3,900
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 2002184224.664.14$3,508
Oct 2002061626.464.23$2,605
Sep 2002038027.443.64$1,381
Aug 20021445625.963.16$1,806
Jul 2002642124.583.06$1,436
Jun 2002066223.733.34$2,210
May 2002070324.663.58$2,520
Apr 2002083023.653.51$2,915
Mar 2002083122.003.10$2,578
Feb 2002068418.222.38$1,625
Jan 200221,18617.172.38$2,852
Dec 200141,19916.932.36$2,903
Nov 200111,06718.072.41$2,585
Oct 200102,22119.782.53$5,617
Sep 200102,26324.262.25$5,095
Aug 2001072324.873.05$2,207
Jul 200111,50723.933.20$4,842
Jun 200113,20924.563.82$12,296
May 2001674,05825.524.31$19,189
Apr 200103,22624.685.34$17,212
Mar 200115,24924.545.38$28,245
Feb 2001171,75727.755.77$10,605
Jan 2001035527.478.40$2,982
Dec 200001,27826.889.12$11,659
Nov 200002,14232.215.66$12,119
Oct 200011,59431.235.15$8,233
Sep 200012,15731.875.19$11,219
Aug 200001,81929.644.54$8,260
Jul 200012,64228.534.09$10,834
Jun 200012,49629.304.40$11,005
May 200012,37427.263.68$8,763
Apr 200013,26824.513.12$10,208
Mar 200003,61428.422.86$10,335
Feb 200001,96127.622.73$5,347
Jan 200012,44625.272.48$6,093
Dec 199902,91324.282.42$7,060
Nov 199902,91723.192.43$7,100
Oct 1999513,63720.982.80$11,267
Sep 199901,47321.752.62$3,858
Aug 199912,35319.262.88$6,786
Jul 199902,39617.892.37$5,684
Jun 199903,57715.942.36$8,449
May 199923,86715.792.32$9,007
Apr 199922,73615.102.21$6,071
Mar 199913,35412.471.84$6,178
Feb 199903,0539.981.82$5,550
Jan 199903,20610.381.90$6,091
Dec 199804,1029.201.77$7,274
Nov 199802,47310.892.19$5,405
Oct 199804,02612.421.97$7,928
Sep 1998985,21112.592.08$12,086
Aug 199814,17911.301.91$7,982
Jul 199815,48711.742.24$12,288
Jun 199814,73811.242.24$10,611
May 199815,59112.622.21$12,348
Apr 199824,91613.042.51$12,342
Mar 199824,96412.802.31$11,490
Feb 199824,40713.952.30$10,160
Jan 199825,31014.702.15$11,471
Dec 199713,28316.322.41$7,932
Nov 199713,70718.193.09$11,466
Oct 199716,24519.253.15$19,690
Sep 199714,04117.742.95$11,958
Aug 199735,08417.862.55$13,042
Jul 199708,10917.582.25$18,220
Jun 19971308,67317.242.26$21,818
May 199725,12018.972.31$11,857
Apr 199703,66617.882.08$7,635
Mar 199749,25018.951.94$18,013
Feb 199708,02120.492.21$17,694
Jan 1997010,76923.483.54$38,119
Dec 1996011,01923.32$0
Nov 199602,72521.97$0
Oct 19961174,48323.31$2,727
Sep 199609,53522.22$0
Aug 1996010,71220.26$0
Jul 199628,78019.55$39
Jun 19961378,38318.73$2,566
May 199636,83319.43$58
Apr 199633,55521.51$65
Mar 199612,79119.38$19
Feb 199602,32416.98$0
Jan 199612,58817.07$17
Dec 199516,99617.19$17
Nov 199519,28216.00$16
Oct 199512,52915.43$15
Sep 199502,29816.18$0
Aug 199513,75615.92$16
Jul 199502,76515.24$0
Jun 199502,66216.41$0
May 199505,40617.56$0
Apr 199516,09617.73$18
Mar 199508,13316.44$0
Feb 199517,50516.58$17
Jan 199507,40815.92$0
Dec 19941819,68415.03$2,720
Nov 199419,19415.90$16
Oct 199407,87915.58$0
Sep 199407,64515.29$0
Aug 199417,62216.13$16
Jul 1994012,37517.56$0
Jun 199418113,21217.09$3,093
May 1994112,44115.88$16
Apr 1994018,25014.14$0
Mar 1994224,38312.46$25
Feb 199417121,50712.50$2,138
Jan 1994230,86312.66$25
Dec 199325135,33612.33$3,095
Nov 199313741,86914.49$1,985
Oct 199316747,51415.85$2,647
Sep 1993432,50815.03$60
Aug 199304,29915.66$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.

Feb 2008 — as filed, then multipliedworked
Condensate             0 bbl  × $ 92.53 =         $0
Gas                    7 Mcf  × $  8.77 =        $61

────────────────────────────────────────────────────
Month total                                      $61

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/146703 is the state's own key, not one this site invented.