LUMINANT 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 259803District 05Field 05189550Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$148 k
Jul 2010 – May 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
131
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 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 Gas112011-06-27202626
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
CondensateDisposition9 bbl$655
GasProduction39,928 Mcf$147,094
Total$147,749

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 31.2465, -96.5471. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.24655, -96.54707 · 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
12,439 ft
1 wells filed one
Completion to plug
5.9 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 12,439 ft.

Completions filed
Jul 2010
1 of 1 wells
Plug dates filed
Jun 2016
1 of 1 wells

Last completion to plug: a median of 5.9 years across the 1 well that filed both dates, with the middle half between 5.9 years and 5.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-29332277112,439 ftJul 2010Jun 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 (131)

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

131 months

May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150438.792.17$9
Oct 2015060843.552.43$1,475
Sep 2015163842.992.76$1,803
Aug 2015056540.162.87$1,623
Jul 2015040548.152.95$1,193
Jun 2015042256.152.88$1,217
May 2015043755.212.96$1,292
Apr 2015150349.822.71$1,411
Mar 2015052742.892.93$1,547
Feb 2015038944.662.98$1,158
Jan 2015143043.433.10$1,377
Dec 2014139754.693.59$1,480
Nov 2014042070.464.25$1,786
Oct 2014043478.303.90$1,693
Sep 2014040186.164.05$1,622
Aug 2014037389.394.04$1,505
Jul 2014023196.564.18$965
Jun 2014020098.164.74$947
May 2014020194.734.73$950
Apr 2014025795.944.81$1,236
Mar 2014131495.895.06$1,684
Feb 2014128997.406.19$1,887
Jan 2014344490.404.86$2,429
Dec 2013052391.824.35$2,277
Nov 2013033288.853.74$1,241
Oct 2013028297.423.78$1,066
Sep 20130268104.113.72$996
Aug 20130359104.253.52$1,265
Jul 20130340102.523.72$1,264
Jun 2013032894.403.93$1,290
May 2013029794.834.15$1,232
Apr 2013071193.964.28$3,045
Mar 2013074393.623.91$2,907
Feb 2013062391.233.42$2,131
Jan 2013073791.603.42$2,520
Dec 2012039286.773.42$1,341
Nov 2012048686.953.62$1,762
Oct 2012078789.383.40$2,676
Sep 2012046494.672.92$1,354
Aug 2012095192.662.91$2,766
Jul 2012074785.133.02$2,257
Jun 2012054779.822.52$1,378
May 2012051391.612.49$1,277
Apr 20120736101.652.00$1,470
Mar 20120739105.052.22$1,642
Feb 20120837101.102.57$2,151
Jan 2012078298.092.73$2,138
Dec 2011086896.873.24$2,812
Nov 2011079195.723.31$2,619
Oct 2011089084.983.65$3,247
Sep 2011090783.623.99$3,615
Aug 2011089083.404.15$3,693
Jul 2011096994.144.52$4,377
Jun 2011086492.904.64$4,009
May 201101,16898.134.40$5,145
Apr 201101,119105.964.33$4,849
Mar 201101,04896.364.06$4,252
Feb 2011081185.644.18$3,390
Jan 201101,19586.504.59$5,484
Dec 201001,59985.734.35$6,952
Nov 201001,71080.843.80$6,490
Oct 2010057278.103.51$2,007
Sep 2010093772.633.98$3,729
Aug 2010072173.684.42$3,186
Jul 2010045672.554.74$2,160

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.

Nov 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 38.79 =         $0
Gas                    4 Mcf  × $  2.17 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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/259803 is the state's own key, not one this site invented.