HORTON GAS UNIT

Operated by XTO ENERGY INC. (P-5 945936) in the TEAGUE (CV-BOSSIER CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 233304District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$225 k
Jun 2007 – Jun 2013
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
73
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 1,075 leases and 1,075 wells, and the rule below applies to all of them.

Discovered
2006-06-06
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2011-10-11.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: REGULATORY PURPOSES.IT IS ORDERED THAT THE FIELD REMAIN SUSPENDED.

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 Gas112010-02-08196946
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
CondensateDisposition333 bbl$28,742
GasProduction31,526 Mcf$196,523
Total$225,265

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 31.6949, -96.3178. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69490, -96.31778 · 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
11,854 ft
1 wells filed one
Completion to plug
5.3 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 11,854 ft.

Completions filed
Feb 2008
1 of 1 wells
Plug dates filed
Jun 2013
1 of 1 wells

Last completion to plug: a median of 5.3 years across the 1 well that filed both dates, with the middle half between 5.3 years and 5.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-16133870111,854 ftFeb 2008Jun 2013Yes

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 (73)

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

73 months

Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130493.623.91$16
Feb 201303891.233.42$130
Jan 2013030491.603.42$1,040
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012022992.662.91$666
Jul 2012035485.133.02$1,069
Jun 2012034379.822.52$864
May 2012021191.612.49$525
Apr 20120262101.652.00$523
Mar 20120237105.052.22$527
Feb 20120397101.102.57$1,020
Jan 201216434898.092.73$17,038
Dec 2011043896.873.24$1,419
Nov 2011033895.723.31$1,119
Oct 2011029284.983.65$1,065
Sep 2011023983.623.99$953
Aug 2011035883.404.15$1,485
Jul 2011040394.144.52$1,820
Jun 2011031992.904.64$1,480
May 2011034098.134.40$1,498
Apr 20110322105.964.33$1,395
Mar 2011030196.364.06$1,221
Feb 2011030885.644.18$1,287
Jan 2011035586.504.59$1,629
Dec 2010041485.734.35$1,800
Nov 2010035880.843.80$1,359
Oct 2010047878.103.51$1,677
Sep 2010039972.633.98$1,588
Aug 2010035473.684.42$1,564
Jul 2010037972.554.74$1,795
Jun 2010048970.364.91$2,401
May 2010035271.124.24$1,491
Apr 2010044581.694.12$1,835
Mar 2010037778.394.39$1,655
Feb 2010043073.585.44$2,340
Jan 201015937274.365.96$14,042
Dec 2009039971.445.48$2,188
Nov 2009049774.593.75$1,865
Oct 2009055772.544.11$2,289
Sep 2009054265.543.06$1,661
Aug 2009054267.423.22$1,744
Jul 2009051961.133.46$1,798
Jun 2009059666.163.90$2,321
May 2009064154.743.93$2,516
Apr 2009054846.773.59$1,966
Mar 2009266342.144.06$2,775
Feb 2009061532.814.63$2,849
Jan 2009076435.865.37$4,103
Dec 2008075737.105.98$4,525
Nov 2008272555.496.86$5,085
Oct 2008283175.246.92$5,903
Sep 20080788101.767.88$6,207
Aug 200801,040114.228.48$8,822
Jul 200821,050131.0811.39$12,221
Jun 200811,155131.3313.03$15,184
May 200801,232123.1711.57$14,260
Apr 200801,123110.3110.45$11,741
Mar 200801,807101.909.66$17,463
Feb 200812,54892.538.77$22,440
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 20070062.007.55$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 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 93.62 =         $0
Gas                    4 Mcf  × $  3.91 =        $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/233304 is the state's own key, not one this site invented.