MILLIGAN, DRU OIL UNIT -A-

Name: MILLIGAN, DRU OIL UNIT -A- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by VERITAS ENERGY, LLC (P-5 884589) in the CHENEYBORO (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2202District 05Field 17427500NGPA filingOilCasinghead gasSave Export

Value, all time

$255 k

Jan 1993 – Nov 2015

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

275

no gaps in the span

Streams

oil, casinghead gas

The CHENEYBORO (COTTON VALLEY) 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 98 leases and 104 wells, and the rule below applies to all of them.

Discovered

1978-02-13

as the register files it

Field class

Oil and 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 160 acres. The field rule took effect on 2013-05-07.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA REMAINS 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.

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
Oil	Disposition	2,684 bbl	$123,627
Casinghead gas	Production	27,402 Mcf	$131,419
Total			$255,046

362 Mcf of this lease's gas, across 6 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 31.9109, -96.3308. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.91092, -96.33081 · 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

100.0%

1 of 1 wells

Median depth

10,100 ft

1 wells filed one

Completion to plug

35.1 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 10,100 ft.

Completions filed

Jul 1980

1 of 1 wells

Plug dates filed

Aug 2015

1 of 1 wells

Last completion to plug: a median of 35.1 years across the 1 well that filed both dates, with the middle half between 35.1 years and 35.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-34931276	1	10,100 ft	Jul 1980	Aug 2015	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 (275)

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

275 months


Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	59	0	42.99	2.76	$2,536
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	1	95.94	4.81	$5
Mar 2014	0	2	95.89	5.06	$10
Feb 2014	3	4	97.40	6.19	$317
Jan 2014	0	9	90.40	4.86	$44
Dec 2013	0	2	91.82	4.35	$9
Nov 2013	0	98	88.85	3.74	$366
Oct 2013	0	185	97.42	3.78	$699
Sep 2013	0	186	104.11	3.72	$692
Aug 2013	0	170	104.25	3.52	$599
Jul 2013	0	163	102.52	3.72	$606
Jun 2013	0	181	94.40	3.93	$712
May 2013	0	193	94.83	4.15	$801
Apr 2013	22	51	93.96	4.28	$2,286
Mar 2013	0	163	93.62	3.91	$638
Feb 2013	0	137	91.23	3.42	$469
Jan 2013	0	192	91.60	3.42	$657
Dec 2012	514	273	86.77	3.42	$45,533
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	84	89.38	3.40	$286
Sep 2012	0	189	94.67	2.92	$552
Aug 2012	0	171	92.66	2.91	$497
Jul 2012	0	291	85.13	3.02	$879
Jun 2012	5	0	79.82	2.52	$399
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	4	101.65	2.00	$8
Mar 2012	8	0	105.05	2.22	$840
Feb 2012	0	177	101.10	2.57	$455
Jan 2012	0	104	98.09	2.73	$284
Dec 2011	0	96	96.87	3.24	$311
Nov 2011	0	84	95.72	3.31	$278
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	82	83.62	3.99	$327
Aug 2011	6	58	83.40	4.15	$741
Jul 2011	5	86	94.14	4.52	$859
Jun 2011	0	148	92.90	4.64	$687
May 2011	0	176	98.13	4.40	$775
Apr 2011	0	218	105.96	4.33	$945
Mar 2011	0	183	96.36	4.06	$742
Feb 2011	0	213	85.64	4.18	$890
Jan 2011	0	297	86.50	4.59	$1,363
Dec 2010	0	245	85.73	4.35	$1,065
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	220	78.10	3.51	$772
Sep 2010	0	179	72.63	3.98	$712
Aug 2010	0	210	73.68	4.42	$928
Jul 2010	0	229	72.55	4.74	$1,085
Jun 2010	0	163	70.36	4.91	$800
May 2010	0	254	71.12	4.24	$1,076
Apr 2010	0	355	81.69	4.12	$1,464
Mar 2010	0	243	78.39	4.39	$1,066
Feb 2010	0	115	73.58	5.44	$626
Jan 2010	0	330	74.36	5.96	$1,968
Dec 2009	0	180	71.44	5.48	$987
Nov 2009	0	161	74.59	3.75	$604
Oct 2009	0	164	72.54	4.11	$674
Sep 2009	0	147	65.54	3.06	$451
Aug 2009	23	137	67.42	3.22	$1,992
Jul 2009	0	133	61.13	3.46	$461
Jun 2009	0	126	66.16	3.90	$491
May 2009	0	142	54.74	3.93	$557
Apr 2009	13	100	46.77	3.59	$967
Mar 2009	0	151	42.14	4.06	$613
Feb 2009	0	153	32.81	4.63	$709
Jan 2009	0	167	35.86	5.37	$897
Dec 2008	117	182	37.10	5.98	$5,429
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	95	75.24	6.92	$658
Sep 2008	0	126	101.76	7.88	$993
Aug 2008	0	129	114.22	8.48	$1,094
Jul 2008	0	40	131.08	11.39	$456
Jun 2008	0	39	131.33	13.03	$508
May 2008	0	174	123.17	11.57	$2,014
Apr 2008	92	77	110.31	10.45	$10,954
Mar 2008	0	114	101.90	9.66	$1,102
Feb 2008	23	55	92.53	8.77	$2,611
Jan 2008	0	93	90.38	8.21	$763
Dec 2007	0	146	88.33	7.30	$1,066
Nov 2007	0	435	91.67	7.29	$3,172
Oct 2007	0	655	82.85	6.92	$4,534
Sep 2007	50	291	75.84	6.24	$5,609
Aug 2007	0	190	69.06	6.39	$1,214
Jul 2007	0	179	70.90	6.39	$1,143
Jun 2007	0	195	62.00	7.55	$1,472
May 2007	0	427	58.74	7.85	$3,350
Apr 2007	0	266	59.61	7.81	$2,076
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	52	50.30	6.73	$350
Dec 2006	49	0	56.65	6.92	$2,776
Nov 2006	0	134	54.20	7.62	$1,021
Oct 2006	0	144	54.90	6.01	$866
Sep 2006	0	183	60.08	5.04	$922
Aug 2006	0	204	68.71	7.34	$1,497
Jul 2006	49	181	69.37	6.34	$4,547
Jun 2006	0	139	66.28	6.38	$887
May 2006	0	161	66.01	6.42	$1,034
Apr 2006	0	136	64.39	7.36	$1,001
Mar 2006	0	127	56.70	7.08	$900
Feb 2006	0	141	57.59	7.75	$1,093
Jan 2006	52	195	60.59	8.93	$4,893
Dec 2005	0	93	54.94	13.42	$1,248
Nov 2005	0	93	54.69	10.59	$985
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	75	0	55.69	7.84	$4,177
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	19	0	50.37	7.15	$957
Feb 2005	0	100	45.22	6.31	$631
Jan 2005	0	106	43.16	6.32	$670
Dec 2004	0	201	39.86	6.75	$1,357
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	54	119	49.70	6.52	$3,459
Sep 2004	0	127	43.24	5.28	$671
Aug 2004	0	136	42.37	5.55	$755
Jul 2004	0	123	38.28	6.08	$748
Jun 2004	0	169	36.10	6.43	$1,087
May 2004	0	169	37.48	6.49	$1,098
Apr 2004	0	157	34.47	5.86	$920
Mar 2004	0	139	34.36	5.53	$769
Feb 2004	0	154	32.45	5.51	$848
Jan 2004	0	153	32.03	6.30	$964
Dec 2003	150	132	30.26	6.30	$5,371
Nov 2003	0	149	28.80	4.60	$685
Oct 2003	0	231	28.17	4.76	$1,099
Sep 2003	0	135	26.31	4.75	$641
Aug 2003	0	225	29.76	5.13	$1,154
Jul 2003	0	96	29.41	5.17	$496
Jun 2003	0	154	28.56	5.98	$921
May 2003	0	184	26.59	5.97	$1,099
Apr 2003	27	153	26.67	5.41	$1,547
Mar 2003	0	180	31.14	6.10	$1,097
Feb 2003	35	134	33.48	7.93	$2,234
Jan 2003	7	166	30.31	5.58	$1,139
Dec 2002	20	151	26.91	4.85	$1,271
Nov 2002	0	166	24.66	4.14	$687
Oct 2002	25	186	26.46	4.23	$1,448
Sep 2002	0	141	27.44	3.64	$513
Aug 2002	0	179	25.96	3.16	$566
Jul 2002	40	735	24.58	3.06	$3,234
Jun 2002	24	195	23.73	3.34	$1,220
May 2002	0	179	24.66	3.58	$642
Apr 2002	8	111	23.65	3.51	$579
Mar 2002	14	121	22.00	3.10	$683
Feb 2002	40	119	18.22	2.38	$1,012
Jan 2002	40	152	17.17	2.38	$1,048
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	121	18.07	2.41	$291
Oct 2001	0	139	19.78	2.53	$352
Sep 2001	93	150	24.26	2.25	$2,594
Aug 2001	0	159	24.87	3.05	$485
Jul 2001	0	159	23.93	3.20	$508
Jun 2001	0	43	24.56	3.82	$164
May 2001	0	174	25.52	4.31	$749
Apr 2001	76	123	24.68	5.34	$2,532
Mar 2001	66	108	24.54	5.38	$2,200
Feb 2001	0	112	27.75	5.77	$646
Jan 2001	48	83	27.47	8.40	$2,016
Dec 2000	58	357	26.88	9.12	$4,816
Nov 2000	12	186	32.21	5.66	$1,439
Oct 2000	0	55	31.23	5.15	$283
Sep 2000	0	27	31.87	5.19	$140
Aug 2000	0	50	29.64	4.54	$227
Jul 2000	4	36	28.53	4.09	$261
Jun 2000	0	127	29.30	4.40	$558
May 2000	0	59	27.26	3.68	$217
Apr 2000	0	170	24.51	3.12	$530
Mar 2000	0	101	28.42	2.86	$289
Feb 2000	22	109	27.62	2.73	$905
Jan 2000	22	109	25.27	2.48	$826
Dec 1999	0	99	24.28	2.42	$240
Nov 1999	0	134	23.19	2.43	$326
Oct 1999	0	134	20.98	2.80	$376
Sep 1999	18	121	21.75	2.62	$708
Aug 1999	25	82	19.26	2.88	$717
Jul 1999	0	87	17.89	2.37	$206
Jun 1999	0	90	15.94	2.36	$213
May 1999	0	88	15.79	2.32	$204
Apr 1999	0	15	15.10	2.21	$33
Mar 1999	0	10	12.47	1.84	$18
Feb 1999	0	25	9.98	1.82	$45
Jan 1999	0	54	10.38	1.90	$103
Dec 1998	0	38	9.20	1.77	$67
Nov 1998	0	22	10.89	2.19	$48
Oct 1998	0	62	12.42	1.97	$122
Sep 1998	0	101	12.59	2.08	$210
Aug 1998	8	19	11.30	1.91	$127
Jul 1998	5	82	11.74	2.24	$242
Jun 1998	0	60	11.24	2.24	$134
May 1998	13	53	12.62	2.21	$281
Apr 1998	46	61	13.04	2.51	$753
Mar 1998	21	70	12.80	2.31	$430
Feb 1998	17	99	13.95	2.30	$465
Jan 1998	16	115	14.70	2.15	$483
Dec 1997	133	177	16.32	2.41	$2,597
Nov 1997	15	126	18.19	3.09	$662
Oct 1997	0	159	19.25	3.15	$501
Sep 1997	0	121	17.74	2.95	$358
Aug 1997	130	95	17.86	2.55	$2,565
Jul 1997	0	150	17.58	2.25	$337
Jun 1997	0	105	17.24	2.26	$237
May 1997	46	87	18.97	2.31	$1,073
Apr 1997	10	171	17.88	2.08	$535
Mar 1997	65	276	18.95	1.94	$1,767
Feb 1997	0	1	20.49	2.21	$2
Jan 1997	0	1	23.48	3.54	$4
Dec 1996	0	0	23.32	—	$0
Nov 1996	47	0	21.97	—	$1,033
Oct 1996	0	2	23.31	—	$0
Sep 1996	0	50	22.22	—	$0
Aug 1996	0	20	20.26	—	$0
Jul 1996	0	0	19.55	—	$0
Jun 1996	0	0	18.73	—	$0
May 1996	0	12	19.43	—	$0
Apr 1996	0	264	21.51	—	$0
Mar 1996	0	0	19.38	—	$0
Feb 1996	0	0	16.98	—	$0
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	0	0	15.03	—	$0
Aug 1993	0	0	15.66	—	$0
Jul 1993	0	0	15.46	—	$0
Jun 1993	0	0	16.79	—	$0
May 1993	0	0	17.68	—	$0
Apr 1993	0	0	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	14	17.90	—	$0
Jan 1993	0	0	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.

Sep 2015 — as filed, then multipliedworked

Oil                   59 bbl  × $ 42.99 =     $2,536
Casinghead gas         0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                   $2,536

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/O/2202 is the state's own key, not one this site invented.