WAREING

Operated by STROUD PETROLEUM, INC. (P-5 828082) in the TRINIDAD, S. E. (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 187258District 05Field 912375002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Jan 2002 – Jun 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
126
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 38 leases and 38 wells, and the rule below applies to all of them.

Discovered
1983-02-28
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 03/01/2000.

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 Gas112002-06-11147074
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
CondensateDisposition388 bbl$12,117
GasProduction228,036 Mcf$1,246,927
Total$1,259,044

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 32.1273, -96.0751. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.12729, -96.07507 · 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
0.0%
0 of 1 wells
Median depth
8,501 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 8,501 ft.

Completions filed
Jun 2012
1 of 1 wells

1 well

42-2133082528,501 ftJun 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 (126)

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

126 months

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 2008010110.3110.45$105
Mar 2008050101.909.66$483
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 20070762.007.55$53
May 200703058.747.85$235
Apr 200704659.617.81$359
Mar 2007011656.927.30$847
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 200605854.906.01$349
Sep 2006031560.085.04$1,587
Aug 2006063968.717.34$4,690
Jul 2006073269.376.34$4,643
Jun 2006067566.286.38$4,309
May 200602,61366.016.42$16,789
Apr 200601,26264.397.36$9,289
Mar 20060056.707.08$0
Feb 200606557.597.75$504
Jan 2006011160.598.93$992
Dec 2005071554.9413.42$9,592
Nov 200501,53554.6910.59$16,253
Oct 200503,86858.3413.80$53,362
Sep 200503,04861.4512.08$36,817
Aug 200504,69061.519.80$45,947
Jul 200505,71455.697.84$44,819
Jun 200503,80252.337.38$28,063
May 200563,62945.226.65$24,408
Apr 200574,34549.207.36$32,326
Mar 200504,33850.377.15$31,038
Feb 200504,07045.226.31$25,690
Jan 200595,10943.166.32$32,689
Dec 2004134,19739.866.75$28,852
Nov 200403,83145.286.33$24,252
Oct 200455,00149.706.52$32,831
Sep 200406,48443.245.28$34,261
Aug 200454,40842.375.55$24,679
Jul 200433,79938.286.08$23,229
Jun 200434,27936.106.43$27,635
May 200483,89037.486.49$25,564
Apr 2004125,24834.475.86$31,159
Mar 2004194,01434.365.53$22,851
Feb 2004132,78732.455.51$15,777
Jan 2004297,78432.036.30$49,965
Dec 2003367,59830.266.30$48,969
Nov 2003517,26228.804.60$34,839
Oct 2003257,61728.174.76$36,958
Sep 2003829,93326.314.75$49,333
Aug 2003498,60529.765.13$45,599
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 200303526.675.41$189
Mar 200342,96431.146.10$18,193
Feb 20030033.487.93$0
Jan 200306,53330.315.58$36,467
Dec 200208,45026.914.85$41,014
Nov 200259424.664.14$512
Oct 2002073826.464.23$3,121
Sep 200201,04227.443.64$3,788
Aug 200202,83825.963.16$8,980
Jul 200202,05224.583.06$6,283
Jun 200204,38623.733.34$14,642
May 200205,02524.663.58$18,010
Apr 200207,71323.653.51$27,091
Mar 2002010,74122.003.10$33,326
Feb 2002012,90418.222.38$30,656
Jan 2002414,19217.172.38$33,784

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.

Apr 2008 — as filed, then multipliedworked
Condensate             0 bbl  × $110.31 =         $0
Gas                   10 Mcf  × $ 10.45 =       $105

────────────────────────────────────────────────────
Month total                                     $105

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/187258 is the state's own key, not one this site invented.