MONTGOMERY, J. R. GAS UNIT

Name: MONTGOMERY, J. R. GAS UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CALTO OPERATING COMPANY, INC. (P-5 126045) in the JEWETT (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 93246District 05Field 46335600NGPA filingCondensateGasSave Export

Value, all time

$154 k

Jan 1993 – Jun 2001

Value, last 12 filed months

$35 k

at the published price for each month

Months reported

102

no gaps in the span

Streams

condensate, gas

The JEWETT (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 71 leases and 71 wells, and the rule below applies to all of them.

Discovered

1973-09-10

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 2008-08-12.

The Commission's schedule remark for this field reads: “INTERVAL 9824'-12390',ALLOCATION FORMULA SHALL REMAIN SUSP.”

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
NGPA	2	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	1,231 bbl	$22,093
Gas	Production	127,855 Mcf	$132,083
Total			$154,176

81,405 Mcf of this lease's gas, across 46 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.4006, -96.1182. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.40057, -96.11819 · 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

0.0%

0 of 1 wells

Median depth

10,610 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 10,610 ft.

Completions filed

Jun 2001

1 of 1 wells

1 well


42-28930400	1	10,610 ft	Jun 2001	—	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 (102)

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

102 months


Jun 2001	97	0	24.56	3.82	$2,382
May 2001	0	404	25.52	4.31	$1,740
Apr 2001	0	120	24.68	5.34	$640
Mar 2001	0	220	24.54	5.38	$1,183
Feb 2001	0	244	27.75	5.77	$1,407
Jan 2001	0	287	27.47	8.40	$2,410
Dec 2000	0	466	26.88	9.12	$4,251
Nov 2000	0	644	32.21	5.66	$3,644
Oct 2000	0	629	31.23	5.15	$3,237
Sep 2000	0	1,039	31.87	5.19	$5,389
Aug 2000	0	931	29.64	4.54	$4,227
Jul 2000	0	1,159	28.53	4.09	$4,740
Jun 2000	0	1,219	29.30	4.40	$5,360
May 2000	0	705	27.26	3.68	$2,594
Apr 2000	0	573	24.51	3.12	$1,785
Mar 2000	0	655	28.42	2.86	$1,873
Feb 2000	0	684	27.62	2.73	$1,865
Jan 2000	0	839	25.27	2.48	$2,081
Dec 1999	0	405	24.28	2.42	$982
Nov 1999	0	1,121	23.19	2.43	$2,729
Oct 1999	0	772	20.98	2.80	$2,164
Sep 1999	0	699	21.75	2.62	$1,831
Aug 1999	173	1,159	19.26	2.88	$6,665
Jul 1999	0	965	17.89	2.37	$2,289
Jun 1999	0	447	15.94	2.36	$1,056
May 1999	0	763	15.79	2.32	$1,771
Apr 1999	0	889	15.10	2.21	$1,963
Mar 1999	0	1,089	12.47	1.84	$2,002
Feb 1999	0	944	9.98	1.82	$1,716
Jan 1999	0	938	10.38	1.90	$1,782
Dec 1998	0	1,083	9.20	1.77	$1,921
Nov 1998	0	1,016	10.89	2.19	$2,221
Oct 1998	0	845	12.42	1.97	$1,664
Sep 1998	0	934	12.59	2.08	$1,945
Aug 1998	0	1,002	11.30	1.91	$1,911
Jul 1998	0	1,394	11.74	2.24	$3,119
Jun 1998	0	936	11.24	2.24	$2,094
May 1998	0	911	12.62	2.21	$2,010
Apr 1998	0	663	13.04	2.51	$1,661
Mar 1998	0	1,136	12.80	2.31	$2,624
Feb 1998	0	971	13.95	2.30	$2,232
Jan 1998	0	961	14.70	2.15	$2,071
Dec 1997	0	1,018	16.32	2.41	$2,455
Nov 1997	158	1,042	18.19	3.09	$6,092
Oct 1997	0	948	19.25	3.15	$2,986
Sep 1997	0	1,008	17.74	2.95	$2,979
Aug 1997	0	1,145	17.86	2.55	$2,925
Jul 1997	0	1,179	17.58	2.25	$2,649
Jun 1997	0	1,297	17.24	2.26	$2,928
May 1997	0	1,336	18.97	2.31	$3,084
Apr 1997	0	1,420	17.88	2.08	$2,958
Mar 1997	0	1,083	18.95	1.94	$2,100
Feb 1997	0	895	20.49	2.21	$1,974
Jan 1997	0	1,218	23.48	3.54	$4,311
Dec 1996	109	1,686	23.32	—	$2,542
Nov 1996	0	1,262	21.97	—	$0
Oct 1996	0	1,928	23.31	—	$0
Sep 1996	0	1,769	22.22	—	$0
Aug 1996	0	1,151	20.26	—	$0
Jul 1996	0	1,519	19.55	—	$0
Jun 1996	0	1,729	18.73	—	$0
May 1996	0	1,332	19.43	—	$0
Apr 1996	0	1,775	21.51	—	$0
Mar 1996	0	1,299	19.38	—	$0
Feb 1996	0	1,122	16.98	—	$0
Jan 1996	0	1,619	17.07	—	$0
Dec 1995	0	1,662	17.19	—	$0
Nov 1995	0	1,816	16.00	—	$0
Oct 1995	168	2,195	15.43	—	$2,592
Sep 1995	0	1,506	16.18	—	$0
Aug 1995	0	1,884	15.92	—	$0
Jul 1995	0	2,196	15.24	—	$0
Jun 1995	0	2,389	16.41	—	$0
May 1995	0	2,206	17.56	—	$0
Apr 1995	169	2,495	17.73	—	$2,996
Mar 1995	0	2,563	16.44	—	$0
Feb 1995	0	2,387	16.58	—	$0
Jan 1995	0	2,908	15.92	—	$0
Dec 1994	0	2,933	15.03	—	$0
Nov 1994	0	1,267	15.90	—	$0
Oct 1994	0	4	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	8	17.56	—	$0
Jun 1994	0	822	17.09	—	$0
May 1994	0	2,490	15.88	—	$0
Apr 1994	0	2,251	14.14	—	$0
Mar 1994	0	1,724	12.46	—	$0
Feb 1994	181	1,647	12.50	—	$2,263
Jan 1994	0	1,766	12.66	—	$0
Dec 1993	0	1,803	12.33	—	$0
Nov 1993	0	2,000	14.49	—	$0
Oct 1993	0	1,809	15.85	—	$0
Sep 1993	0	1,790	15.03	—	$0
Aug 1993	0	1,789	15.66	—	$0
Jul 1993	0	1,931	15.46	—	$0
Jun 1993	0	1,836	16.79	—	$0
May 1993	176	1,996	17.68	—	$3,112
Apr 1993	0	1,905	18.05	—	$0
Mar 1993	0	2,031	18.14	—	$0
Feb 1993	0	1,467	17.90	—	$0
Jan 1993	0	1,738	16.93	—	$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.

Jun 2001 — as filed, then multipliedworked

Condensate            97 bbl  × $ 24.56 =     $2,382
Gas                    0 Mcf  × $  3.82 =         $0

────────────────────────────────────────────────────
Month total                                   $2,382

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/93246 is the state's own key, not one this site invented.