BOATMEN TRUST CO. GU #2

Operated by ANADARKO PETROLEUM CORPORATION (P-5 20572) in the TEAGUE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 168486District 05Field 885767002 tax incentive programmesCondensateGasSaveExport
Value, all time
$298 k
Apr 1998 – Sep 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
162
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 55 leases and 55 wells, and the rule below applies to all of them.

Discovered
1973-09-01
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 2006-06-06.

The Commission's schedule remark for this field reads: 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 Gas111998-07-08138704
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
CondensateDisposition114 bbl$3,376
GasProduction119,233 Mcf$294,789
Total$298,165

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 31.6682, -96.3075. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.66822, -96.30747 · 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
9,597 ft
1 wells filed one
Completion to plug
13.4 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 9,597 ft.

Completions filed
Apr 1998
1 of 1 wells
Plug dates filed
Sep 2011
1 of 1 wells

Last completion to plug: a median of 13.4 years across the 1 well that filed both dates, with the middle half between 13.4 years and 13.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1613146719,597 ftApr 1998Sep 2011Yes

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 (162)

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

162 months

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 200805131.0811.39$57
Jun 200807131.3313.03$91
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 200701691.677.29$117
Oct 200707282.856.92$498
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 20060168.717.34$7
Jul 20060069.376.34$0
Jun 200602066.286.38$128
May 200601666.016.42$103
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 200501958.3413.80$262
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 200502045.226.65$133
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050543.166.32$32
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 200401434.475.86$82
Mar 20040034.365.53$0
Feb 20040532.455.51$28
Jan 20040032.036.30$0
Dec 20030630.266.30$38
Nov 200302028.804.60$92
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 200301929.765.13$97
Jul 200302329.415.17$119
Jun 200301328.565.98$78
May 200302426.595.97$143
Apr 200311626.675.41$113
Mar 200302231.146.10$134
Feb 200303233.487.93$254
Jan 200303330.315.58$184
Dec 20020026.914.85$0
Nov 200202524.664.14$103
Oct 200201426.464.23$59
Sep 200204227.443.64$153
Aug 200204025.963.16$127
Jul 200201524.583.06$46
Jun 200201523.733.34$50
May 200202424.663.58$86
Apr 200201623.653.51$56
Mar 200202622.003.10$81
Feb 200202618.222.38$62
Jan 200202217.172.38$52
Dec 200102116.932.36$50
Nov 20010018.072.41$0
Oct 200102519.782.53$63
Sep 200104024.262.25$90
Aug 200104624.873.05$140
Jul 200104623.933.20$147
Jun 200105224.563.82$199
May 200104325.524.31$185
Apr 200103924.685.34$208
Mar 2001010724.545.38$575
Feb 2001016027.755.77$923
Jan 2001011727.478.40$983
Dec 2000026526.889.12$2,417
Nov 2000040232.215.66$2,275
Oct 200002,47331.235.15$12,725
Sep 2000039631.875.19$2,054
Aug 200011337229.644.54$5,038
Jul 2000064728.534.09$2,646
Jun 200002,23029.304.40$9,806
May 200001,40227.263.68$5,159
Apr 200001,86724.513.12$5,818
Mar 200002,67828.422.86$7,658
Feb 200002,91227.622.73$7,940
Jan 200002,60625.272.48$6,464
Dec 199902,55824.282.42$6,200
Nov 199902,41623.192.43$5,881
Oct 199902,57120.982.80$7,208
Sep 199903,27921.752.62$8,587
Aug 199903,14119.262.88$9,032
Jul 199903,77317.892.37$8,951
Jun 199902,87915.942.36$6,800
May 199903,71915.792.32$8,632
Apr 199903,41415.102.21$7,538
Mar 199904,30112.471.84$7,907
Feb 199903,1469.981.82$5,719
Jan 199904,26110.381.90$8,096
Dec 199804,9379.201.77$8,755
Nov 199804,54210.892.19$9,928
Oct 199805,63912.421.97$11,104
Sep 199805,96812.592.08$12,429
Aug 199806,12211.301.91$11,677
Jul 199806,44011.742.24$14,408
Jun 199806,75211.242.24$15,106
May 199808,41312.622.21$18,562
Apr 1998011,34313.042.51$28,418

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.

Jul 2008 — as filed, then multipliedworked
Condensate             0 bbl  × $131.08 =         $0
Gas                    5 Mcf  × $ 11.39 =        $57

────────────────────────────────────────────────────
Month total                                      $57

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/168486 is the state's own key, not one this site invented.