BUTLER GAS UNIT

Operated by TEXACO E & P INC. (P-5 844118) in the TEAGUE (TP-CV CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 159309District 05Field 885766832 tax incentive programmesCondensateGasSaveExport
Value, all time
$747 k
Apr 1996 – Jan 2002
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
70
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1997-11-25
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 80 acres. The field rule took effect on 1997-11-25.

The Commission's schedule remark for this field reads: THE TEAGUE (CV-BOSSIER CONS.) 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 Gas111996-10-30135397
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
CondensateDisposition4,954 bbl$98,282
GasProduction502,585 Mcf$648,247
Total$746,529

277,782 Mcf of this lease's gas, across 9 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 31.6176, -96.2292. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.61755, -96.22925 · 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
11,450 ft
1 wells filed one
Completion to plug
10.2 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 11,450 ft.

Completions filed
Jul 2002
1 of 1 wells
Plug dates filed
Sep 2012
1 of 1 wells

Last completion to plug: a median of 10.2 years across the 1 well that filed both dates, with the middle half between 10.2 years and 10.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-161313353 D11,450 ftJul 2002Sep 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 (70)

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

70 months

Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010724.262.25$16
Aug 20010024.873.05$0
Jul 20010323.933.20$10
Jun 200103124.563.82$119
May 200101,28525.524.31$5,535
Apr 200101,72024.685.34$9,177
Mar 200102,32124.545.38$12,479
Feb 200102,56127.755.77$14,769
Jan 200104,26327.478.40$35,804
Dec 200006,69526.889.12$61,075
Nov 200014,85632.215.66$27,507
Oct 200011,16531.235.15$6,026
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 200015427.263.68$226
Apr 200005024.513.12$156
Mar 2000014428.422.86$412
Feb 200005627.622.73$153
Jan 200004225.272.48$104
Dec 19990824.282.42$19
Nov 1999019223.192.43$467
Oct 1999281720.982.80$2,333
Sep 1999172821.752.62$1,928
Aug 1999074919.262.88$2,154
Jul 199901,60617.892.37$3,810
Jun 199901,66015.942.36$3,921
May 199914,65615.792.32$10,822
Apr 199934,35615.102.21$9,664
Mar 199904,80612.471.84$8,835
Feb 199904,6779.981.82$8,502
Jan 199903,67410.381.90$6,980
Dec 199802,2089.201.77$3,915
Nov 1998212,80610.892.19$6,362
Oct 199802,08112.421.97$4,098
Sep 1998424,96012.592.08$10,859
Aug 199813,69011.301.91$7,049
Jul 199805,20311.742.24$11,641
Jun 199837,17711.242.24$16,091
May 199836,00312.622.21$13,283
Apr 199895,65613.042.51$14,288
Mar 1998842,72812.802.31$7,375
Feb 1998754,56513.952.30$11,542
Jan 199806,32014.702.15$13,618
Dec 1997707,72916.322.41$19,778
Nov 1997747,86918.193.09$25,648
Oct 199717,99919.253.15$25,215
Sep 199708,09117.742.95$23,908
Aug 1997799,99117.862.55$26,935
Jul 199704,53917.582.25$10,199
Jun 1997806,89817.242.26$16,949
May 199710311,77618.972.31$29,139
Apr 199728614,73517.882.08$35,803
Mar 199741818,80318.951.94$44,383
Feb 199726,98420.492.21$15,447
Jan 199719812,81023.483.54$49,993
Dec 199619911,25323.32$4,641
Nov 199619718,92121.97$4,328
Oct 199639028,96423.31$9,091
Sep 199639233,11322.22$8,710
Aug 199655346,40720.26$11,204
Jul 199655348,06119.55$10,811
Jun 199653932,09918.73$10,095
May 199656433,55519.43$10,959
Apr 1996825,40921.51$172

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.

Sep 2001 — as filed, then multipliedworked
Condensate             0 bbl  × $ 24.26 =         $0
Gas                    7 Mcf  × $  2.25 =        $16

────────────────────────────────────────────────────
Month total                                      $16

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/159309 is the state's own key, not one this site invented.