TXU 3 GAS UNIT

Operated by O'BENCO, INC. (P-5 617512) in the BALD PRAIRIE (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 245675District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesGasSaveExport
Value, all time
$577 k
Jun 2006 – Aug 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
123
no gaps in the span
Streams
1
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 868 leases and 868 wells, and the rule below applies to all of them.

Discovered
2001-02-22
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 2011-03-08.

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: PER DOCKET 05-0268631 EFFECTIVE 03/08/2011, AMENDED RULE 2 TO

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 Gas112009-03-23190446
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
GasProduction86,074 Mcf$576,999
Total$576,999

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 31.1328, -96.5851. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.13275, -96.58511 · 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
10,775 ft
1 wells filed one
Completion to plug
10.3 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 10,775 ft.

Completions filed
Jun 2006
1 of 1 wells
Plug dates filed
Sep 2016
1 of 1 wells

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-39531085110,775 ftJun 2006Sep 2016Yes

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 (123)

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

123 months

Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015643.433.10$19
Dec 20145754.693.59$205
Nov 20145470.464.25$230
Oct 20147078.303.90$273
Sep 20149686.164.05$388
Aug 20147889.394.04$315
Jul 201410796.564.18$447
Jun 201411298.164.74$531
May 201413694.734.73$643
Apr 201412295.944.81$587
Mar 201416395.895.06$824
Feb 201413897.406.19$855
Jan 201416090.404.86$778
Dec 201331591.824.35$1,372
Nov 201322988.853.74$856
Oct 201312197.423.78$457
Sep 201380104.113.72$297
Aug 201359104.253.52$208
Jul 201357102.523.72$212
Jun 20135494.403.93$212
May 20134994.834.15$203
Apr 20135693.964.28$240
Mar 201311093.623.91$430
Feb 201310291.233.42$349
Jan 201311491.603.42$390
Dec 201214486.773.42$493
Nov 201210886.953.62$392
Oct 201212389.383.40$418
Sep 201211394.672.92$330
Aug 201211892.662.91$343
Jul 20125885.133.02$175
Jun 201226179.822.52$657
May 201228291.612.49$702
Apr 2012323101.652.00$645
Mar 2012277105.052.22$616
Feb 2012190101.102.57$488
Jan 201211098.092.73$301
Dec 20116296.873.24$201
Nov 201115795.723.31$520
Oct 201115084.983.65$547
Sep 20117283.623.99$287
Aug 20119683.404.15$398
Jul 201117694.144.52$795
Jun 201115092.904.64$696
May 201114598.134.40$639
Apr 2011148105.964.33$641
Mar 201121596.364.06$872
Feb 201154285.644.18$2,266
Jan 20111,19886.504.59$5,497
Dec 20105485.734.35$235
Nov 201012280.843.80$463
Oct 20108578.103.51$298
Sep 201026872.633.98$1,067
Aug 20104673.684.42$203
Jul 201026672.554.74$1,260
Jun 201017870.364.91$874
May 20102671.124.24$110
Apr 20101281.694.12$49
Mar 201028878.394.39$1,264
Feb 201078473.585.44$4,267
Jan 201060074.365.96$3,578
Dec 200954871.445.48$3,005
Nov 200957474.593.75$2,153
Oct 200954272.544.11$2,228
Sep 200945865.543.06$1,404
Aug 200918867.423.22$605
Jul 200910161.133.46$350
Jun 200918466.163.90$717
May 200937754.743.93$1,480
Apr 200952746.773.59$1,891
Mar 200928642.144.06$1,161
Feb 200923632.814.63$1,093
Jan 200953535.865.37$2,873
Dec 200881537.105.98$4,871
Nov 200876755.496.86$5,262
Oct 200897575.246.92$6,749
Sep 20081,141101.767.88$8,988
Aug 20081,128114.228.48$9,569
Jul 20081,243131.0811.39$14,157
Jun 20081,229131.3313.03$16,017
May 20081,249123.1711.57$14,456
Apr 20081,151110.3110.45$12,034
Mar 20081,130101.909.66$10,920
Feb 20081,13292.538.77$9,928
Jan 20081,26190.388.21$10,347
Dec 20071,49988.337.30$10,946
Nov 2007091.677.29$0
Oct 20071,64582.856.92$11,387
Sep 20071,63475.846.24$10,203
Aug 20071,80269.066.39$11,511
Jul 20072,09270.906.39$13,364
Jun 20072,11262.007.55$15,942
May 20072,34458.747.85$18,392
Apr 20072,34059.617.81$18,264
Mar 20072,51356.927.30$18,350
Feb 20072,52555.108.22$20,745
Jan 20072,86450.306.73$19,266
Dec 20063,24956.656.92$22,478
Nov 20063,46954.207.62$26,425
Oct 20063,87954.906.01$23,328
Sep 20064,76460.085.04$23,997
Aug 20065,62868.717.34$41,309
Jul 20066,62569.376.34$42,021
Jun 20066,72166.286.38$42,906

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.

Jan 2015 — as filed, then multipliedworked
Gas                    6 Mcf  × $  3.10 =        $19

────────────────────────────────────────────────────
Month total                                      $19

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/245675 is the state's own key, not one this site invented.