SPARKMAN

Operated by BASA RESOURCES, INC. (P-5 53974) in the MINDEN (COTTON VALLEY CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 102589District 06Field 61792111NGPA filingCondensateGasSaveExport
Value, all time
$45 k
Jan 1993 – Feb 2008
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
182
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 456 leases and 456 wells, and the rule below applies to all of them.

Discovered
2005-09-27
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 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: EXCEPTION TO SWR51(A) 30 DAY RULE.

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
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
CondensateDisposition797 bbl$22,181
GasProduction39,734 Mcf$22,859
Total$45,040

33,308 Mcf of this lease's gas, across 19 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 32.0438, -94.7084. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.04384, -94.70843 · 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
10,792 ft
1 wells filed one
Completion to plug
25.4 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 10,792 ft.

Completions filed
Sep 1982
1 of 1 wells
Plug dates filed
Feb 2008
1 of 1 wells

Last completion to plug: a median of 25.4 years across the 1 well that filed both dates, with the middle half between 25.4 years and 25.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40131490110,792 ftSep 1982Feb 2008Yes

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 (182)

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

182 months

Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 2007128088.337.30$11,306
Nov 200701091.677.29$73
Oct 200708282.856.92$568
Sep 200702775.846.24$169
Aug 200701469.066.39$89
Jul 200704070.906.39$256
Jun 200705062.007.55$377
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 200606168.717.34$448
Jul 2006011969.376.34$755
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 200606056.707.08$425
Feb 200607257.597.75$558
Jan 200607560.598.93$670
Dec 200504054.9413.42$537
Nov 200501054.6910.59$106
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 200502155.697.84$165
Jun 200502052.337.38$148
May 200503545.226.65$233
Apr 200503849.207.36$280
Mar 20050050.377.15$0
Feb 200503845.226.31$240
Jan 20050043.166.32$0
Dec 2004021939.866.75$1,478
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 200408036.106.43$515
May 2004021137.486.49$1,370
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990324.282.42$7
Nov 19990323.192.43$7
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990919.262.88$26
Jul 19990117.892.37$2
Jun 19990215.942.36$5
May 19990315.792.32$7
Apr 19990415.102.21$9
Mar 19992121112.471.84$2,664
Feb 1999049.981.82$7
Jan 19990310.381.90$6
Dec 1998089.201.77$14
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980511.301.91$10
Jul 19980011.742.24$0
Jun 199803011.242.24$67
May 199804212.622.21$93
Apr 199805913.042.51$148
Mar 199805712.802.31$132
Feb 19980013.952.30$0
Jan 19980114.702.15$2
Dec 1997010116.322.41$244
Nov 199701318.193.09$40
Oct 1997026719.253.15$841
Sep 1997066317.742.95$1,959
Aug 1997024117.862.55$616
Jul 1997027117.582.25$609
Jun 1997015417.242.26$348
May 199715031118.972.31$3,563
Apr 1997047817.882.08$996
Mar 1997047618.951.94$923
Feb 1997084120.492.21$1,855
Jan 199701,04323.483.54$3,692
Dec 199601,41823.32$0
Nov 199601,70321.97$0
Oct 1996058523.31$0
Sep 1996025522.22$0
Aug 199603920.26$0
Jul 199607519.55$0
Jun 1996012518.73$0
May 1996022919.43$0
Apr 199601,52421.51$0
Mar 19961441,69519.38$2,791
Feb 199601,48316.98$0
Jan 199602,44317.07$0
Dec 199502,04917.19$0
Nov 199502,13016.00$0
Oct 199502,08615.43$0
Sep 199504,07716.18$0
Aug 19951633,71515.92$2,595
Jul 199503,93115.24$0
Jun 199503,74616.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Dec 2007 — as filed, then multipliedworked
Condensate           128 bbl  × $ 88.33 =    $11,306
Gas                    0 Mcf  × $  7.30 =         $0

────────────────────────────────────────────────────
Month total                                  $11,306

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. 06/G/102589 is the state's own key, not one this site invented.