MORGAN UNIT

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

Operated by SHERIDAN PRODUCTION COMPANY, LLC (P-5 775854) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 102960District 06Field 16032174NGPA filingCondensateGasSave Export

Value, all time

$3.8 M

Jan 1993 – Oct 2018

Value, last 12 filed months

at the published price for each month

Months reported

310

no gaps in the span

Streams

condensate, gas

The CARTHAGE (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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered

1968-05-01

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 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: “FIELD. EFFECTIVE 4/12/16.”

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	1	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	12,025 bbl	$480,615
Gas	Production	1,183,185 Mcf	$3,331,148
Total			$3,811,763

431,639 Mcf of this lease's gas, across 48 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 32.1814, -94.2899. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18142, -94.28988 · 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

9,610 ft

1 wells filed one

Completion to plug

36.2 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 9,610 ft.

Completions filed

Aug 1982

1 of 1 wells

Plug dates filed

Oct 2018

1 of 1 wells

Last completion to plug: a median of 36.2 years across the 1 well that filed both dates, with the middle half between 36.2 years and 36.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36531453	4	9,610 ft	Aug 1982	Oct 2018	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 (310)

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

310 months


Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	9	0	49.29	2.98	$444
Sep 2017	10	21	47.52	3.09	$540
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	2	2	46.77	2.98	$100
Feb 2017	2	0	50.45	2.95	$101
Jan 2017	7	7	49.41	3.42	$370
Dec 2016	22	28	48.76	3.72	$1,177
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
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	7	0	55.21	2.96	$386
Apr 2015	35	675	49.82	2.71	$3,571
Mar 2015	45	1,048	42.89	2.93	$5,006
Feb 2015	16	856	44.66	2.98	$3,262
Jan 2015	0	1,096	43.43	3.10	$3,398
Dec 2014	0	1,132	54.69	3.59	$4,065
Nov 2014	0	1,045	70.46	4.25	$4,443
Oct 2014	0	835	78.30	3.90	$3,257
Sep 2014	5	831	86.16	4.05	$3,793
Aug 2014	33	912	89.39	4.04	$6,630
Jul 2014	83	1,183	96.56	4.18	$12,959
Jun 2014	88	1,141	98.16	4.74	$14,043
May 2014	88	1,192	94.73	4.73	$13,970
Apr 2014	91	1,223	95.94	4.81	$14,612
Mar 2014	82	1,406	95.89	5.06	$14,973
Feb 2014	85	1,260	97.40	6.19	$16,081
Jan 2014	92	1,504	90.40	4.86	$15,627
Dec 2013	83	1,606	91.82	4.35	$14,614
Nov 2013	82	1,580	88.85	3.74	$13,192
Oct 2013	80	1,233	97.42	3.78	$12,454
Sep 2013	59	1,341	104.11	3.72	$11,128
Aug 2013	31	446	104.25	3.52	$4,803
Jul 2013	48	1,108	102.52	3.72	$9,040
Jun 2013	33	1,095	94.40	3.93	$7,422
May 2013	15	1,540	94.83	4.15	$7,812
Apr 2013	9	1,423	93.96	4.28	$6,940
Mar 2013	6	1,140	93.62	3.91	$5,022
Feb 2013	4	1,050	91.23	3.42	$3,956
Jan 2013	10	1,218	91.60	3.42	$5,081
Dec 2012	22	1,189	86.77	3.42	$5,976
Nov 2012	13	1,761	86.95	3.62	$7,514
Oct 2012	3	182	89.38	3.40	$887
Sep 2012	5	1,252	94.67	2.92	$4,127
Aug 2012	4	1,288	92.66	2.91	$4,116
Jul 2012	4	1,337	85.13	3.02	$4,379
Jun 2012	4	1,253	79.82	2.52	$3,476
May 2012	4	1,386	91.61	2.49	$3,815
Apr 2012	4	1,399	101.65	2.00	$3,200
Mar 2012	3	1,212	105.05	2.22	$3,008
Feb 2012	3	1,407	101.10	2.57	$3,920
Jan 2012	3	1,416	98.09	2.73	$4,166
Dec 2011	3	1,473	96.87	3.24	$5,063
Nov 2011	2	1,344	95.72	3.31	$4,642
Oct 2011	2	1,351	84.98	3.65	$5,099
Sep 2011	1	1,356	83.62	3.99	$5,488
Aug 2011	2	1,831	83.40	4.15	$7,764
Jul 2011	2	1,476	94.14	4.52	$6,856
Jun 2011	2	1,322	92.90	4.64	$6,320
May 2011	3	1,321	98.13	4.40	$6,113
Apr 2011	3	1,465	105.96	4.33	$6,666
Mar 2011	3	1,421	96.36	4.06	$6,055
Feb 2011	3	1,240	85.64	4.18	$5,440
Jan 2011	3	1,307	86.50	4.59	$6,257
Dec 2010	3	1,430	85.73	4.35	$6,474
Nov 2010	4	1,470	80.84	3.80	$5,903
Oct 2010	4	1,403	78.10	3.51	$5,235
Sep 2010	2	1,471	72.63	3.98	$5,999
Aug 2010	3	1,524	73.68	4.42	$6,956
Jul 2010	4	1,476	72.55	4.74	$7,281
Jun 2010	3	1,493	70.36	4.91	$7,542
May 2010	3	1,524	71.12	4.24	$6,668
Apr 2010	5	1,476	81.69	4.12	$6,494
Mar 2010	4	1,576	78.39	4.39	$7,230
Feb 2010	4	1,364	73.58	5.44	$7,718
Jan 2010	5	1,517	74.36	5.96	$9,419
Dec 2009	8	1,720	71.44	5.48	$10,004
Nov 2009	4	1,540	74.59	3.75	$6,076
Oct 2009	5	1,565	72.54	4.11	$6,795
Sep 2009	6	1,537	65.54	3.06	$5,104
Aug 2009	7	1,591	67.42	3.22	$5,593
Jul 2009	5	1,517	61.13	3.46	$5,561
Jun 2009	5	1,560	66.16	3.90	$6,407
May 2009	12	1,665	54.74	3.93	$7,193
Apr 2009	26	1,750	46.77	3.59	$7,494
Mar 2009	52	2,098	42.14	4.06	$10,707
Feb 2009	22	777	32.81	4.63	$4,322
Jan 2009	16	2,001	35.86	5.37	$11,321
Dec 2008	5	1,730	37.10	5.98	$10,526
Nov 2008	9	1,676	55.49	6.86	$11,997
Oct 2008	21	1,987	75.24	6.92	$15,334
Sep 2008	12	1,002	101.76	7.88	$9,114
Aug 2008	54	2,140	114.22	8.48	$24,322
Jul 2008	45	3,091	131.08	11.39	$41,103
Jun 2008	48	1,513	131.33	13.03	$26,022
May 2008	53	2,156	123.17	11.57	$31,482
Apr 2008	80	2,395	110.31	10.45	$33,864
Mar 2008	38	2,786	101.90	9.66	$30,796
Feb 2008	15	2,080	92.53	8.77	$19,631
Jan 2008	14	2,250	90.38	8.21	$19,728
Dec 2007	14	2,722	88.33	7.30	$21,113
Nov 2007	14	2,905	91.67	7.29	$22,466
Oct 2007	20	2,908	82.85	6.92	$21,786
Sep 2007	42	1,163	75.84	6.24	$10,447
Aug 2007	34	1,280	69.06	6.39	$10,525
Jul 2007	40	1,525	70.90	6.39	$12,578
Jun 2007	48	2,032	62.00	7.55	$18,314
May 2007	41	2,646	58.74	7.85	$23,170
Apr 2007	39	2,709	59.61	7.81	$23,469
Mar 2007	10	2,900	56.92	7.30	$21,745
Feb 2007	0	2,801	55.10	8.22	$23,013
Jan 2007	0	3,296	50.30	6.73	$22,172
Dec 2006	0	3,420	56.65	6.92	$23,661
Nov 2006	0	3,397	54.20	7.62	$25,877
Oct 2006	3	3,102	54.90	6.01	$18,820
Sep 2006	24	1,645	60.08	5.04	$9,728
Aug 2006	28	2,430	68.71	7.34	$19,760
Jul 2006	28	2,625	69.37	6.34	$18,592
Jun 2006	32	2,603	66.28	6.38	$18,738
May 2006	74	2,817	66.01	6.42	$22,984
Apr 2006	157	2,829	64.39	7.36	$30,932
Mar 2006	173	2,938	56.70	7.08	$30,619
Feb 2006	153	2,841	57.59	7.75	$30,832
Jan 2006	182	2,946	60.59	8.93	$37,345
Dec 2005	91	1,942	54.94	13.42	$31,052
Nov 2005	135	3,089	54.69	10.59	$40,091
Oct 2005	144	3,741	58.34	13.80	$60,011
Sep 2005	52	3,051	61.45	12.08	$40,048
Aug 2005	60	3,885	61.51	9.80	$41,751
Jul 2005	50	3,678	55.69	7.84	$31,633
Jun 2005	68	3,590	52.33	7.38	$30,056
May 2005	64	3,987	45.22	6.65	$29,412
Apr 2005	94	4,019	49.20	7.36	$34,207
Mar 2005	79	3,824	50.37	7.15	$31,339
Feb 2005	60	3,505	45.22	6.31	$24,836
Jan 2005	114	4,326	43.16	6.32	$32,270
Dec 2004	166	3,825	39.86	6.75	$32,440
Nov 2004	130	4,266	45.28	6.33	$32,892
Oct 2004	95	3,806	49.70	6.52	$29,518
Sep 2004	78	4,238	43.24	5.28	$25,766
Aug 2004	67	3,553	42.37	5.55	$22,560
Jul 2004	42	4,048	38.28	6.08	$26,237
Jun 2004	43	3,470	36.10	6.43	$23,875
May 2004	43	3,814	37.48	6.49	$26,382
Apr 2004	42	3,783	34.47	5.86	$23,610
Mar 2004	39	4,413	34.36	5.53	$25,745
Feb 2004	75	4,639	32.45	5.51	$27,993
Jan 2004	36	4,448	32.03	6.30	$29,174
Dec 2003	53	4,483	30.26	6.30	$29,854
Nov 2003	62	4,088	28.80	4.60	$20,571
Oct 2003	64	4,948	28.17	4.76	$25,354
Sep 2003	59	5,052	26.31	4.75	$25,546
Aug 2003	38	4,495	29.76	5.13	$24,189
Jul 2003	81	4,568	29.41	5.17	$26,003
Jun 2003	37	4,760	28.56	5.98	$29,536
May 2003	43	5,705	26.59	5.97	$35,218
Apr 2003	31	5,471	26.67	5.41	$30,410
Mar 2003	51	5,207	31.14	6.10	$33,330
Feb 2003	35	3,747	33.48	7.93	$30,870
Jan 2003	56	4,230	30.31	5.58	$25,309
Dec 2002	70	4,389	26.91	4.85	$23,187
Nov 2002	59	4,373	24.66	4.14	$19,546
Oct 2002	77	3,989	26.46	4.23	$18,907
Sep 2002	83	3,601	27.44	3.64	$15,368
Aug 2002	93	3,339	25.96	3.16	$12,979
Jul 2002	51	3,163	24.58	3.06	$10,938
Jun 2002	75	3,363	23.73	3.34	$13,006
May 2002	53	3,746	24.66	3.58	$14,733
Apr 2002	77	3,669	23.65	3.51	$14,708
Mar 2002	66	4,117	22.00	3.10	$14,226
Feb 2002	34	3,887	18.22	2.38	$9,854
Jan 2002	67	4,382	17.17	2.38	$11,561
Dec 2001	50	4,353	16.93	2.36	$11,139
Nov 2001	33	4,009	18.07	2.41	$10,240
Oct 2001	39	4,506	19.78	2.53	$12,167
Sep 2001	38	4,248	24.26	2.25	$10,485
Aug 2001	60	4,759	24.87	3.05	$16,022
Jul 2001	44	6,014	23.93	3.20	$20,280
Jun 2001	42	5,221	24.56	3.82	$20,997
May 2001	60	5,468	25.52	4.31	$25,084
Apr 2001	64	4,775	24.68	5.34	$27,056
Mar 2001	89	5,367	24.54	5.38	$31,039
Feb 2001	43	5,015	27.75	5.77	$30,115
Jan 2001	74	5,659	27.47	8.40	$49,561
Dec 2000	70	5,643	26.88	9.12	$53,360
Nov 2000	74	5,539	32.21	5.66	$33,723
Oct 2000	59	5,772	31.23	5.15	$31,542
Sep 2000	41	5,645	31.87	5.19	$30,584
Aug 2000	46	5,027	29.64	4.54	$24,190
Jul 2000	51	4,769	28.53	4.09	$20,959
Jun 2000	53	3,985	29.30	4.40	$19,076
May 2000	87	3,683	27.26	3.68	$15,924
Apr 2000	129	5,622	24.51	3.12	$20,680
Mar 2000	95	5,424	28.42	2.86	$18,211
Feb 2000	74	5,707	27.62	2.73	$17,604
Jan 2000	75	5,964	25.27	2.48	$16,689
Dec 1999	104	5,688	24.28	2.42	$16,311
Nov 1999	81	5,192	23.19	2.43	$14,516
Oct 1999	82	5,229	20.98	2.80	$16,381
Sep 1999	49	5,936	21.75	2.62	$16,611
Aug 1999	94	5,814	19.26	2.88	$18,529
Jul 1999	60	6,232	17.89	2.37	$15,858
Jun 1999	53	6,066	15.94	2.36	$15,173
May 1999	50	7,060	15.79	2.32	$17,176
Apr 1999	33	6,983	15.10	2.21	$15,917
Mar 1999	75	6,859	12.47	1.84	$13,544
Feb 1999	28	3,938	9.98	1.82	$7,438
Jan 1999	48	6,040	10.38	1.90	$11,974
Dec 1998	1	6,357	9.20	1.77	$11,282
Nov 1998	2	6,504	10.89	2.19	$14,238
Oct 1998	1	7,652	12.42	1.97	$15,081
Sep 1998	0	7,290	12.59	2.08	$15,182
Aug 1998	3	6,612	11.30	1.91	$12,645
Jul 1998	0	6,392	11.74	2.24	$14,301
Jun 1998	3	6,466	11.24	2.24	$14,500
May 1998	1	6,209	12.62	2.21	$13,712
Apr 1998	2	6,793	13.04	2.51	$17,045
Mar 1998	4	7,351	12.80	2.31	$17,028
Feb 1998	3	6,096	13.95	2.30	$14,057
Jan 1998	3	6,738	14.70	2.15	$14,563
Dec 1997	2	7,908	16.32	2.41	$19,100
Nov 1997	4	7,478	18.19	3.09	$23,167
Oct 1997	4	7,667	19.25	3.15	$24,227
Sep 1997	2	7,463	17.74	2.95	$22,088
Aug 1997	4	7,856	17.86	2.55	$20,141
Jul 1997	2	8,900	17.58	2.25	$20,033
Jun 1997	3	6,229	17.24	2.26	$14,112
May 1997	3	7,719	18.97	2.31	$17,876
Apr 1997	2	9,439	17.88	2.08	$19,695
Mar 1997	1	7,944	18.95	1.94	$15,423
Feb 1997	2	7,788	20.49	2.21	$17,221
Jan 1997	3	9,275	23.48	3.54	$32,901
Dec 1996	1	9,523	23.32	—	$23
Nov 1996	3	8,940	21.97	—	$66
Oct 1996	1	10,641	23.31	—	$23
Sep 1996	3	7,955	22.22	—	$67
Aug 1996	6	13,874	20.26	—	$122
Jul 1996	2	15,924	19.55	—	$39
Jun 1996	4	12,724	18.73	—	$75
May 1996	3	9,892	19.43	—	$58
Apr 1996	3	9,250	21.51	—	$65
Mar 1996	4	8,559	19.38	—	$78
Feb 1996	3	7,913	16.98	—	$51
Jan 1996	2	4,951	17.07	—	$34
Dec 1995	5	5,873	17.19	—	$86
Nov 1995	6	4,903	16.00	—	$96
Oct 1995	8	7,034	15.43	—	$123
Sep 1995	7	7,513	16.18	—	$113
Aug 1995	3	7,408	15.92	—	$48
Jul 1995	5	6,844	15.24	—	$76
Jun 1995	5	6,631	16.41	—	$82
May 1995	4	7,031	17.56	—	$70
Apr 1995	3	6,656	17.73	—	$53
Mar 1995	2	7,442	16.44	—	$33
Feb 1995	2	5,244	16.58	—	$33
Jan 1995	2	5,843	15.92	—	$32
Dec 1994	2	7,857	15.03	—	$30
Nov 1994	2	8,031	15.90	—	$32
Oct 1994	2	8,312	15.58	—	$31
Sep 1994	1	8,111	15.29	—	$15
Aug 1994	2	8,793	16.13	—	$32
Jul 1994	3	8,718	17.56	—	$53
Jun 1994	3	7,620	17.09	—	$51
May 1994	7	8,269	15.88	—	$111
Apr 1994	141	8,508	14.14	—	$1,994
Mar 1994	209	9,969	12.46	—	$2,604
Feb 1994	207	9,836	12.50	—	$2,588
Jan 1994	199	10,358	12.66	—	$2,519
Dec 1993	321	10,705	12.33	—	$3,958
Nov 1993	106	9,779	14.49	—	$1,536
Oct 1993	215	9,751	15.85	—	$3,408
Sep 1993	110	10,213	15.03	—	$1,653
Aug 1993	218	10,943	15.66	—	$3,414
Jul 1993	198	10,840	15.46	—	$3,061
Jun 1993	195	10,306	16.79	—	$3,274
May 1993	95	11,011	17.68	—	$1,680
Apr 1993	294	10,708	18.05	—	$5,307
Mar 1993	203	11,319	18.14	—	$3,682
Feb 1993	199	10,726	17.90	—	$3,562
Jan 1993	297	12,388	16.93	—	$5,028

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.

Oct 2017 — as filed, then multipliedworked

Condensate             9 bbl  × $ 49.29 =       $444
Gas                    0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                     $444

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/102960 is the state's own key, not one this site invented.