MARSTERS

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

Gas lease lease 151040District 05Field 577331002 tax incentive programmesCondensateGasSaveExport
Value, all time
$452 k
Jul 1994 – Aug 2002
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
98
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 39 leases and 39 wells, and the rule below applies to all of them.

Discovered
1985-12-19
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 1994-03-21.

The Commission's schedule remark for this field reads: PER DOCKET #05-0204338.

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 Gas111995-04-10131829
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
CondensateDisposition890 bbl$16,789
GasProduction347,584 Mcf$435,066
Total$451,855

200,052 Mcf of this lease's gas, across 30 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 31.8585, -96.1466. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.85852, -96.14655 · 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
11,250 ft
1 wells filed one
Completion to plug
8.8 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 11,250 ft.

Completions filed
Jan 2002
1 of 1 wells
Plug dates filed
Nov 2010
1 of 1 wells

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-16131239411,250 ftJan 2002Nov 2010Yes

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 (98)

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

98 months

Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 200290023.733.34$2,136
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 200201,14517.172.38$2,720
Dec 200101,84616.932.36$4,365
Nov 200101,06418.072.41$2,559
Oct 200101,96219.782.53$4,962
Sep 200101,31124.262.25$2,951
Aug 200101,47124.873.05$4,491
Jul 200101,40623.933.20$4,495
Jun 200101,40624.563.82$5,377
May 200101,66525.524.31$7,172
Apr 200101,92524.685.34$10,270
Mar 200102,20324.545.38$11,844
Feb 200101,88827.755.77$10,888
Jan 200102,14827.478.40$18,041
Dec 200002,13526.889.12$19,477
Nov 200002,26232.215.66$12,798
Oct 200002,40231.235.15$12,359
Sep 200001,54831.875.19$8,029
Aug 200001,54129.644.54$6,997
Jul 200001,63428.534.09$6,683
Jun 200001,65229.304.40$7,264
May 200001,57327.263.68$5,788
Apr 200001,67424.513.12$5,216
Mar 200001,73128.422.86$4,950
Feb 200001,67127.622.73$4,556
Jan 200001,64625.272.48$4,083
Dec 199901,55224.282.42$3,762
Nov 199901,72423.192.43$4,196
Oct 199901,83320.982.80$5,139
Sep 199901,90721.752.62$4,994
Aug 199902,09819.262.88$6,033
Jul 199902,05617.892.37$4,878
Jun 19991722,34515.942.36$8,281
May 199902,22515.792.32$5,164
Apr 199902,72615.102.21$6,019
Mar 199902,48012.471.84$4,559
Feb 199902,2079.981.82$4,012
Jan 199902,39010.381.90$4,541
Dec 199802,3879.201.77$4,233
Nov 199802,29110.892.19$5,007
Oct 199802,50312.421.97$4,929
Sep 199802,36312.592.08$4,921
Aug 199802,47211.301.91$4,715
Jul 199802,82711.742.24$6,325
Jun 199803,21711.242.24$7,197
May 199802,96412.622.21$6,540
Apr 199802,73113.042.51$6,842
Mar 199803,25012.802.31$7,506
Feb 199802,81913.952.30$6,481
Jan 199803,17114.702.15$6,833
Dec 199702,92516.322.41$7,052
Nov 199702,88418.193.09$8,907
Oct 199703,68719.253.15$11,613
Sep 199702,98517.742.95$8,820
Aug 199703,58717.862.55$9,164
Jul 199703,72817.582.25$8,377
Jun 199704,34017.242.26$9,796
May 199707,13018.972.31$16,460
Apr 199703,72517.882.08$7,758
Mar 199703,96918.951.94$7,696
Feb 199703,37420.492.21$7,443
Jan 199703,75123.483.54$13,277
Dec 199603,85723.32$0
Nov 199603,91621.97$0
Oct 19961664,37823.31$3,869
Sep 199604,10122.22$0
Aug 199604,39120.26$0
Jul 1996204,53819.55$391
Jun 1996285,03318.73$524
May 199606,53519.43$0
Apr 199606,46721.51$0
Mar 199604,44919.38$0
Feb 199603,25816.98$0
Jan 199605,12617.07$0
Dec 199504,73517.19$0
Nov 199504,30916.00$0
Oct 199506,01215.43$0
Sep 199505,50316.18$0
Aug 199505,20215.92$0
Jul 199506,73815.24$0
Jun 199506,43416.41$0
May 199506,90417.56$0
Apr 19952297,78617.73$4,060
Mar 199518,46816.44$16
Feb 19951836,89416.58$3,034
Jan 199517,23415.92$16
Dec 199407,61615.03$0
Nov 199407,79615.90$0
Oct 199406,61215.58$0
Sep 1994013,96915.29$0
Aug 1994022,51816.13$0
Jul 199409,27317.56$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.

Jun 2002 — as filed, then multipliedworked
Condensate            90 bbl  × $ 23.73 =     $2,136
Gas                    0 Mcf  × $  3.34 =         $0

────────────────────────────────────────────────────
Month total                                   $2,136

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/151040 is the state's own key, not one this site invented.