BAUM, G.F JR. ET AL

Operated by MUSTANG DRILLING, INC. (P-5 596917) 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 154713District 05Field 57733100CondensateGasSaveExport
Value, all time
$95 k
Aug 1994 – Dec 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
233
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.

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
CondensateDisposition103 bbl$2,244
GasProduction84,416 Mcf$92,301
Total$94,545

56,525 Mcf of this lease's gas, across 23 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 31.9270, -96.1011. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92698, -96.10112 · 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
12,350 ft
1 wells filed one
Completion to plug
19.3 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 12,350 ft.

Completions filed
Aug 1994
1 of 1 wells
Plug dates filed
Dec 2013
1 of 1 wells

Last completion to plug: a median of 19.3 years across the 1 well that filed both dates, with the middle half between 19.3 years and 19.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-16131119112,350 ftAug 1994Dec 2013Yes

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 (233)

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

233 months

Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
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 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 200405549.706.52$358
Sep 2004015043.245.28$793
Aug 200406542.375.55$361
Jul 2004013838.286.08$840
Jun 2004015536.106.43$997
May 2004013137.486.49$851
Apr 2004010934.475.86$639
Mar 2004017834.365.53$984
Feb 2004015832.455.51$871
Jan 2004017632.036.30$1,109
Dec 2003017930.266.30$1,128
Nov 2003016228.804.60$744
Oct 2003023928.174.76$1,138
Sep 2003026326.314.75$1,249
Aug 2003023929.765.13$1,226
Jul 2003025629.415.17$1,324
Jun 2003031028.565.98$1,855
May 20035410826.595.97$2,081
Apr 20030026.675.41$0
Mar 200301731.146.10$104
Feb 2003039133.487.93$3,099
Jan 2003022630.315.58$1,262
Dec 20020226.914.85$10
Nov 2002013224.664.14$546
Oct 2002136226.464.23$1,557
Sep 2002010527.443.64$382
Aug 2002016925.963.16$535
Jul 2002026724.583.06$817
Jun 20020023.733.34$0
May 20020624.663.58$22
Apr 20020523.653.51$18
Mar 2002118822.003.10$605
Feb 2002024618.222.38$584
Jan 200202617.172.38$62
Dec 200104216.932.36$99
Nov 2001016318.072.41$392
Oct 20010019.782.53$0
Sep 20010224.262.25$5
Aug 20010924.873.05$27
Jul 200102123.933.20$67
Jun 200101024.563.82$38
May 2001018925.524.31$814
Apr 2001020524.685.34$1,094
Mar 2001033424.545.38$1,796
Feb 2001028427.755.77$1,638
Jan 2001038727.478.40$3,250
Dec 2000021226.889.12$1,934
Nov 2000030132.215.66$1,703
Oct 2000022631.235.15$1,163
Sep 2000030431.875.19$1,577
Aug 2000024629.644.54$1,117
Jul 2000044828.534.09$1,832
Jun 20000029.304.40$0
May 2000016227.263.68$596
Apr 2000022624.513.12$704
Mar 2000023128.422.86$661
Feb 2000029627.622.73$807
Jan 2000029625.272.48$734
Dec 1999031924.282.42$773
Nov 1999024423.192.43$594
Oct 1999037520.982.80$1,051
Sep 1999040521.752.62$1,061
Aug 1999015619.262.88$449
Jul 1999039817.892.37$944
Jun 1999031515.942.36$744
May 1999044515.792.32$1,033
Apr 1999031215.102.21$689
Mar 19990312.471.84$6
Feb 19990869.981.82$156
Jan 1999052410.381.90$996
Dec 199802529.201.77$447
Nov 1998049010.892.19$1,071
Oct 1998041112.421.97$809
Sep 1998036112.592.08$752
Aug 1998042411.301.91$809
Jul 1998044211.742.24$989
Jun 1998038711.242.24$866
May 1998052112.622.21$1,150
Apr 1998072413.042.51$1,814
Mar 1998068112.802.31$1,573
Feb 1998055613.952.30$1,278
Jan 1998050614.702.15$1,090
Dec 1997064116.322.41$1,546
Nov 1997052718.193.09$1,628
Oct 1997064619.253.15$2,035
Sep 1997065317.742.95$1,930
Aug 1997057317.862.55$1,464
Jul 1997057117.582.25$1,283
Jun 1997061317.242.26$1,384
May 1997070118.972.31$1,618
Apr 1997079717.882.08$1,660
Mar 1997094218.951.94$1,827
Feb 1997097420.492.21$2,149
Jan 199701,10923.483.54$3,926
Dec 199601,14223.32$0
Nov 199601,21021.97$0
Oct 199601,34323.31$0
Sep 199601,39622.22$0
Aug 199601,29220.26$0
Jul 199601,47519.55$0
Jun 199601,43918.73$0
May 199601,54819.43$0
Apr 199621,54321.51$43
Mar 199601,86619.38$0
Feb 199601,68616.98$0
Jan 199602,04517.07$0
Dec 199501,85917.19$0
Nov 199501,94116.00$0
Oct 199502,50115.43$0
Sep 199502,54816.18$0
Aug 1995443,23215.92$700
Jul 199502,99115.24$0
Jun 199503,49916.41$0
May 199503,93117.56$0
Apr 199504,13217.73$0
Mar 199516,06516.44$16
Feb 199505,84116.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$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.

Oct 2004 — as filed, then multipliedworked
Condensate             0 bbl  × $ 49.70 =         $0
Gas                   55 Mcf  × $  6.52 =       $358

────────────────────────────────────────────────────
Month total                                     $358

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/154713 is the state's own key, not one this site invented.