BOATMEN TRUST CO. GU #1

Name: BOATMEN TRUST CO. GU #1 lease production and value, Apr 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 168668District 05Field 885767002 tax incentive programmesCondensateGasSave Export

Value, all time

$2.4 M

Apr 1998 – Sep 2011

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

162

no gaps in the span

Streams

condensate, gas

The TEAGUE (TRAVIS PEAK) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1998-07-17	138702
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,144 bbl	$38,840
Gas	Production	542,117 Mcf	$2,350,581
Total			$2,389,422

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 31.6780, -96.3093. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.67797, -96.30927 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,600 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 9,600 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


42-16131426	2	9,600 ft	Apr 1998	Sep 2011	Yes

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 2011	0	13	83.62	3.99	$52
Aug 2011	0	43	83.40	4.15	$178
Jul 2011	0	44	94.14	4.52	$199
Jun 2011	0	65	92.90	4.64	$302
May 2011	0	71	98.13	4.40	$313
Apr 2011	0	79	105.96	4.33	$342
Mar 2011	0	87	96.36	4.06	$353
Feb 2011	0	49	85.64	4.18	$205
Jan 2011	0	51	86.50	4.59	$234
Dec 2010	0	58	85.73	4.35	$252
Nov 2010	0	41	80.84	3.80	$156
Oct 2010	0	50	78.10	3.51	$175
Sep 2010	0	41	72.63	3.98	$163
Aug 2010	0	48	73.68	4.42	$212
Jul 2010	0	78	72.55	4.74	$369
Jun 2010	0	64	70.36	4.91	$314
May 2010	0	86	71.12	4.24	$364
Apr 2010	0	73	81.69	4.12	$301
Mar 2010	0	116	78.39	4.39	$509
Feb 2010	0	63	73.58	5.44	$343
Jan 2010	0	55	74.36	5.96	$328
Dec 2009	0	84	71.44	5.48	$461
Nov 2009	0	157	74.59	3.75	$589
Oct 2009	0	136	72.54	4.11	$559
Sep 2009	0	85	65.54	3.06	$261
Aug 2009	0	139	67.42	3.22	$447
Jul 2009	0	262	61.13	3.46	$908
Jun 2009	0	133	66.16	3.90	$518
May 2009	0	132	54.74	3.93	$518
Apr 2009	0	208	46.77	3.59	$746
Mar 2009	0	258	42.14	4.06	$1,047
Feb 2009	0	206	32.81	4.63	$954
Jan 2009	0	228	35.86	5.37	$1,225
Dec 2008	0	245	37.10	5.98	$1,464
Nov 2008	0	91	55.49	6.86	$624
Oct 2008	0	128	75.24	6.92	$886
Sep 2008	0	67	101.76	7.88	$528
Aug 2008	0	182	114.22	8.48	$1,544
Jul 2008	0	127	131.08	11.39	$1,446
Jun 2008	0	178	131.33	13.03	$2,320
May 2008	0	366	123.17	11.57	$4,236
Apr 2008	0	1,113	110.31	10.45	$11,636
Mar 2008	0	1,975	101.90	9.66	$19,087
Feb 2008	0	1,038	92.53	8.77	$9,104
Jan 2008	0	1,433	90.38	8.21	$11,759
Dec 2007	148	1,858	88.33	7.30	$26,640
Nov 2007	1	1,723	91.67	7.29	$12,655
Oct 2007	0	1,680	82.85	6.92	$11,629
Sep 2007	0	2,222	75.84	6.24	$13,875
Aug 2007	0	2,290	69.06	6.39	$14,628
Jul 2007	0	2,269	70.90	6.39	$14,494
Jun 2007	0	2,326	62.00	7.55	$17,558
May 2007	1	2,438	58.74	7.85	$19,188
Apr 2007	0	2,609	59.61	7.81	$20,364
Mar 2007	0	2,220	56.92	7.30	$16,210
Feb 2007	1	2,000	55.10	8.22	$16,487
Jan 2007	1	2,050	50.30	6.73	$13,840
Dec 2006	0	2,566	56.65	6.92	$17,753
Nov 2006	1	2,502	54.20	7.62	$19,113
Oct 2006	0	2,645	54.90	6.01	$15,907
Sep 2006	1	2,491	60.08	5.04	$12,608
Aug 2006	0	2,753	68.71	7.34	$20,207
Jul 2006	2	2,857	69.37	6.34	$18,260
Jun 2006	0	1,932	66.28	6.38	$12,334
May 2006	1	2,649	66.01	6.42	$17,086
Apr 2006	0	2,901	64.39	7.36	$21,353
Mar 2006	1	2,877	56.70	7.08	$20,434
Feb 2006	0	1,070	57.59	7.75	$8,294
Jan 2006	0	2,732	60.59	8.93	$24,406
Dec 2005	2	2,966	54.94	13.42	$39,900
Nov 2005	1	2,266	54.69	10.59	$24,048
Oct 2005	0	2,826	58.34	13.80	$38,987
Sep 2005	1	2,846	61.45	12.08	$34,438
Aug 2005	0	2,843	61.51	9.80	$27,852
Jul 2005	1	3,074	55.69	7.84	$24,167
Jun 2005	0	2,846	52.33	7.38	$21,006
May 2005	1	2,939	45.22	6.65	$19,593
Apr 2005	0	2,584	49.20	7.36	$19,019
Mar 2005	179	2,895	50.37	7.15	$29,730
Feb 2005	0	3,060	45.22	6.31	$19,314
Jan 2005	0	3,188	43.16	6.32	$20,155
Dec 2004	0	2,312	39.86	6.75	$15,609
Nov 2004	0	3,197	45.28	6.33	$20,238
Oct 2004	0	3,569	49.70	6.52	$23,252
Sep 2004	0	3,621	43.24	5.28	$19,133
Aug 2004	0	2,314	42.37	5.55	$12,844
Jul 2004	0	4,365	38.28	6.08	$26,557
Jun 2004	0	4,275	36.10	6.43	$27,501
May 2004	0	4,739	37.48	6.49	$30,778
Apr 2004	0	4,395	34.47	5.86	$25,748
Mar 2004	1	4,713	34.36	5.53	$26,098
Feb 2004	2	3,817	32.45	5.51	$21,095
Jan 2004	0	4,411	32.03	6.30	$27,788
Dec 2003	3	4,625	30.26	6.30	$29,236
Nov 2003	1	3,923	28.80	4.60	$18,056
Oct 2003	1	3,727	28.17	4.76	$17,767
Sep 2003	0	3,262	26.31	4.75	$15,492
Aug 2003	35	1,090	29.76	5.13	$6,633
Jul 2003	0	1,426	29.41	5.17	$7,374
Jun 2003	0	1,604	28.56	5.98	$9,597
May 2003	1	2,568	26.59	5.97	$15,364
Apr 2003	1	1,063	26.67	5.41	$5,775
Mar 2003	0	1,743	31.14	6.10	$10,625
Feb 2003	0	2,594	33.48	7.93	$20,560
Jan 2003	0	2,095	30.31	5.58	$11,694
Dec 2002	0	2,761	26.91	4.85	$13,401
Nov 2002	0	3,624	24.66	4.14	$14,992
Oct 2002	0	3,514	26.46	4.23	$14,861
Sep 2002	0	3,832	27.44	3.64	$13,930
Aug 2002	0	3,941	25.96	3.16	$12,470
Jul 2002	0	3,264	24.58	3.06	$9,994
Jun 2002	0	2,715	23.73	3.34	$9,063
May 2002	0	4,007	24.66	3.58	$14,361
Apr 2002	183	4,206	23.65	3.51	$19,101
Mar 2002	0	3,297	22.00	3.10	$10,230
Feb 2002	0	3,465	18.22	2.38	$8,232
Jan 2002	0	3,815	17.17	2.38	$9,063
Dec 2001	0	3,897	16.93	2.36	$9,214
Nov 2001	0	3,903	18.07	2.41	$9,389
Oct 2001	0	3,944	19.78	2.53	$9,974
Sep 2001	0	4,138	24.26	2.25	$9,316
Aug 2001	0	4,229	24.87	3.05	$12,912
Jul 2001	0	4,999	23.93	3.20	$15,982
Jun 2001	0	5,197	24.56	3.82	$19,874
May 2001	0	5,636	25.52	4.31	$24,276
Apr 2001	0	4,711	24.68	5.34	$25,135
Mar 2001	0	5,723	24.54	5.38	$30,769
Feb 2001	0	4,661	27.75	5.77	$26,880
Jan 2001	0	5,550	27.47	8.40	$46,613
Dec 2000	0	5,202	26.88	9.12	$47,455
Nov 2000	0	3,721	32.21	5.66	$21,053
Oct 2000	0	5,789	31.23	5.15	$29,787
Sep 2000	0	6,068	31.87	5.19	$31,472
Aug 2000	1	6,428	29.64	4.54	$29,218
Jul 2000	0	6,973	28.53	4.09	$28,518
Jun 2000	0	6,781	29.30	4.40	$29,818
May 2000	0	5,819	27.26	3.68	$21,412
Apr 2000	194	5,695	24.51	3.12	$22,501
Mar 2000	0	7,145	28.42	2.86	$20,433
Feb 2000	0	6,880	27.62	2.73	$18,758
Jan 2000	0	7,512	25.27	2.48	$18,634
Dec 1999	0	7,318	24.28	2.42	$17,737
Nov 1999	0	6,888	23.19	2.43	$16,765
Oct 1999	0	6,775	20.98	2.80	$18,995
Sep 1999	0	6,632	21.75	2.62	$17,368
Aug 1999	0	8,392	19.26	2.88	$24,132
Jul 1999	0	7,365	17.89	2.37	$17,473
Jun 1999	0	7,254	15.94	2.36	$17,135
May 1999	191	7,978	15.79	2.32	$21,533
Apr 1999	0	8,073	15.10	2.21	$17,826
Mar 1999	0	8,158	12.47	1.84	$14,997
Feb 1999	0	7,816	9.98	1.82	$14,208
Jan 1999	0	9,247	10.38	1.90	$17,569
Dec 1998	0	10,593	9.20	1.77	$18,785
Nov 1998	0	9,379	10.89	2.19	$20,500
Oct 1998	187	9,899	12.42	1.97	$21,816
Sep 1998	0	11,150	12.59	2.08	$23,221
Aug 1998	0	12,241	11.30	1.91	$23,348
Jul 1998	0	12,691	11.74	2.24	$28,393
Jun 1998	0	12,728	11.24	2.24	$28,476
May 1998	0	13,288	12.62	2.21	$29,318
Apr 1998	0	9,523	13.04	2.51	$23,858

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 2011 — as filed, then multipliedworked

Condensate             0 bbl  × $ 83.62 =         $0
Gas                   13 Mcf  × $  3.99 =        $52

────────────────────────────────────────────────────
Month total                                      $52

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/168668 is the state's own key, not one this site invented.