NEWSOM, C. A. ESTATE

Operated by CROSS TIMBERS OPERATING COMPANY (P-5 190468) in the FREESTONE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 155396District 05Field 329505002 tax incentive programmesGasSaveExport
Value, all time
$230 k
Jun 1995 – Apr 1999
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
47
no gaps in the span
Streams
1
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 151 leases and 151 wells, and the rule below applies to all of them.

Discovered
1976-01-07
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 2006-02-28.

The Commission's schedule remark for this field reads: VARIOUS WELLS INTO THIS FIELD.

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 Gas111996-02-14134263
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
GasProduction321,557 Mcf$230,090
Total$230,090

226,856 Mcf of this lease's gas, across 19 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 31.5037, -96.2522. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.50374, -96.25222 · 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
10,600 ft
1 wells filed one
Completion to plug
8.1 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 10,600 ft.

Completions filed
Sep 2006
1 of 1 wells
Plug dates filed
Oct 2014
1 of 1 wells

Last completion to plug: a median of 8.1 years across the 1 well that filed both dates, with the middle half between 8.1 years and 8.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-16131312710,600 ftSep 2006Oct 2014Yes

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 (47)

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

47 months

Apr 1999015.102.21$0
Mar 199922712.471.84$417
Feb 19993119.981.82$565
Jan 199919210.381.90$365
Dec 19983299.201.77$583
Nov 199865810.892.19$1,438
Oct 19981,25712.421.97$2,475
Sep 199871312.592.08$1,485
Aug 199871011.301.91$1,354
Jul 19982,49211.742.24$5,575
Jun 19985,11711.242.24$11,448
May 19983,40312.622.21$7,508
Apr 19984,12613.042.51$10,337
Mar 19985,39212.802.31$12,453
Feb 19983,48313.952.30$8,008
Jan 19983,58114.702.15$7,716
Dec 19974,31516.322.41$10,404
Nov 19974,47118.193.09$13,808
Oct 19974,28519.253.15$13,497
Sep 19973,52917.742.95$10,428
Aug 19976,00617.862.55$15,344
Jul 19974,63517.582.25$10,415
Jun 19977,18117.242.26$16,209
May 19973,74318.972.31$8,641
Apr 19977,15117.882.08$14,894
Mar 19973,80218.951.94$7,373
Feb 19978,06820.492.21$17,797
Jan 19975,52423.483.54$19,553
Dec 19969,52023.32$0
Nov 19969,03321.97$0
Oct 19969,72823.31$0
Sep 19968,72122.22$0
Aug 199612,91920.26$0
Jul 199612,43219.55$0
Jun 19968,83918.73$0
May 19969,16319.43$0
Apr 19969,53521.51$0
Mar 199611,13019.38$0
Feb 19968,64916.98$0
Jan 199612,98417.07$0
Dec 199513,79417.19$0
Nov 199515,71516.00$0
Oct 199512,30215.43$0
Sep 199511,03216.18$0
Aug 199515,80315.92$0
Jul 199531,51315.24$0
Jun 19954,04416.41$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.

Mar 1999 — as filed, then multipliedworked
Gas                  227 Mcf  × $  1.84 =       $417

────────────────────────────────────────────────────
Month total                                     $417

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/155396 is the state's own key, not one this site invented.