STEELE

Operated by COMPASS ENERGY OPERATING, LLC (P-5 169751) in the WASKOM (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 125769District 06Field 95369160NGPA filingCondensateGasSaveExport
Value, all time
$2.2 M
Jan 1993 – Oct 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
274
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 473 leases and 477 wells, and the rule below applies to all of them.

Discovered
1955-09-19
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 2012-11-06.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
CondensateDisposition1,642 bbl$52,320
GasProduction842,909 Mcf$2,164,779
Total$2,217,099

403,273 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 32.5031, -94.0726. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.50311, -94.07259 · 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
9,640 ft
1 wells filed one
Completion to plug
8.4 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 9,640 ft.

Completions filed
May 2007
1 of 1 wells
Plug dates filed
Oct 2015
1 of 1 wells

Last completion to plug: a median of 8.4 years across the 1 well that filed both dates, with the middle half between 8.4 years and 8.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2033152219,640 ftMay 2007Oct 2015Yes

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 (274)

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

274 months

Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20118168105.964.33$8,877
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 200707559.617.81$585
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 20061265054.906.01$7,218
Sep 2006090960.085.04$4,579
Aug 200602,34268.717.34$17,190
Jul 200603,03669.376.34$19,257
Jun 200602,94066.286.38$18,769
May 200605,35366.016.42$34,393
Apr 200606,80864.397.36$50,110
Mar 200602,33956.707.08$16,567
Feb 200606,54257.597.75$50,708
Jan 20061533,77660.598.93$43,002
Dec 200506,65854.9413.42$89,320
Nov 200503,24554.6910.59$34,359
Oct 200506,13758.3413.80$84,665
Sep 200507,51261.4512.08$90,737
Aug 200507,19861.519.80$70,518
Jul 200508,61155.697.84$67,542
Jun 200505,24452.337.38$38,706
May 20050045.226.65$0
Apr 200501,38849.207.36$10,216
Mar 200507,57850.377.15$54,220
Feb 200505,51145.226.31$34,785
Jan 200503,18343.166.32$20,124
Dec 200405,36739.866.75$36,233
Nov 200407,19445.286.33$45,541
Oct 20041675,33949.706.52$43,084
Sep 200402,21743.245.28$11,714
Aug 200402,20642.375.55$12,245
Jul 200402,72738.286.08$16,592
Jun 200401,85536.106.43$11,933
May 200403,07537.486.49$19,971
Apr 200403,00434.475.86$17,599
Mar 200402,96534.365.53$16,397
Feb 200403,65932.455.51$20,160
Jan 200403,24732.036.30$20,455
Dec 200303,15030.266.30$19,850
Nov 200302,03428.804.60$9,347
Oct 200301,87628.174.76$8,929
Sep 200302,50426.314.75$11,892
Aug 200322,41229.765.13$12,432
Jul 200303,78629.415.17$19,577
Jun 200306,87028.565.98$41,103
May 200305,17826.595.97$30,927
Apr 200306,49626.675.41$35,126
Mar 200304,26631.146.10$26,006
Feb 200307,75633.487.93$61,473
Jan 200308,65830.315.58$48,329
Dec 200207,31226.914.85$35,491
Nov 2002011,32524.664.14$46,851
Oct 200205,39526.464.23$22,816
Sep 200202,34127.443.64$8,510
Aug 20021412,39025.963.16$11,223
Jul 200202,34224.583.06$7,171
Jun 200202,25123.733.34$7,514
May 200202,23624.663.58$8,014
Apr 200202,05823.653.51$7,228
Mar 200202,06522.003.10$6,407
Feb 200201,79218.222.38$4,257
Jan 200201,99017.172.38$4,728
Dec 200101,99916.932.36$4,726
Nov 200102,01318.072.41$4,842
Oct 200102,06419.782.53$5,220
Sep 200101,97124.262.25$4,437
Aug 200102,20324.873.05$6,726
Jul 200102,01823.933.20$6,452
Jun 200101,97824.563.82$7,564
May 200102,14825.524.31$9,252
Apr 200101,97224.685.34$10,521
Mar 200102,02124.545.38$10,866
Feb 200101,87627.755.77$10,819
Jan 200101,84627.478.40$15,504
Dec 200001,63826.889.12$14,943
Nov 200001,73632.215.66$9,822
Oct 200001,90631.235.15$9,807
Sep 200001,89531.875.19$9,828
Aug 200001,94129.644.54$8,814
Jul 200002,05428.534.09$8,400
Jun 200001,90529.304.40$8,377
May 200002,75027.263.68$10,119
Apr 200003,47224.513.12$10,819
Mar 200005,33328.422.86$15,251
Feb 200006,77027.622.73$18,458
Jan 200008,49425.272.48$21,069
Dec 1999011,49724.282.42$27,866
Nov 199904,12723.192.43$10,045
Oct 199902,08120.982.80$5,835
Sep 1999078421.752.62$2,053
Aug 199901,53619.262.88$4,417
Jul 1999632,15117.892.37$6,230
Jun 199902,06815.942.36$4,885
May 199902,18315.792.32$5,067
Apr 199901,87215.102.21$4,133
Mar 199902,28612.471.84$4,202
Feb 199903,5899.981.82$6,524
Jan 199902,02510.381.90$3,847
Dec 199802,1379.201.77$3,790
Nov 199801,94710.892.19$4,256
Oct 199802,13512.421.97$4,204
Sep 199802,77212.592.08$5,773
Aug 199803,61511.301.91$6,895
Jul 199805,02611.742.24$11,245
Jun 19981117,91611.242.24$18,958
May 1998010,20812.622.21$22,522
Apr 1998110,42213.042.51$26,124
Mar 199806,66512.802.31$15,392
Feb 199801,99713.952.30$4,591
Jan 199802,16114.702.15$4,657
Dec 199702,29916.322.41$5,543
Nov 199702,45018.193.09$7,566
Oct 199702,81819.253.15$8,876
Sep 199702,76517.742.95$8,170
Aug 199702,60017.862.55$6,642
Jul 199703,11617.582.25$7,001
Jun 199703,29017.242.26$7,426
May 199702,94218.972.31$6,792
Apr 199704,66917.882.08$9,725
Mar 199705,40618.951.94$10,483
Feb 199705,47520.492.21$12,077
Jan 199706,76223.483.54$23,935
Dec 199602,73623.32$0
Nov 199602,35021.97$0
Oct 199602,40123.31$0
Sep 199602,42822.22$0
Aug 199602,57420.26$0
Jul 199602,58719.55$0
Jun 199602,52218.73$0
May 19961292,56919.43$2,506
Apr 199602,54021.51$0
Mar 199602,62619.38$0
Feb 199602,44616.98$0
Jan 199602,65917.07$0
Dec 199502,86717.19$0
Nov 199502,93916.00$0
Oct 199503,59515.43$0
Sep 199503,42216.18$0
Aug 199505,85315.92$0
Jul 199506,94515.24$0
Jun 199505,94616.41$0
May 1995010,38317.56$0
Apr 1995010,14417.73$0
Mar 1995011,08716.44$0
Feb 1995011,25516.58$0
Jan 1995010,96115.92$0
Dec 199405,24315.03$0
Nov 199403,38215.90$0
Oct 199404,88215.58$0
Sep 199405,47715.29$0
Aug 199405,94516.13$0
Jul 199407,58117.56$0
Jun 199409,90717.09$0
May 1994010,18315.88$0
Apr 1994010,26814.14$0
Mar 1994012,19112.46$0
Feb 1994011,71712.50$0
Jan 199415514,07512.66$1,962
Dec 1993014,56512.33$0
Nov 1993015,67714.49$0
Oct 1993017,98815.85$0
Sep 199316418,37115.03$2,465
Aug 1993120,28515.66$16
Jul 1993018,50115.46$0
Jun 1993012,76216.79$0
May 199316614,65217.68$2,935
Apr 1993013,11718.05$0
Mar 1993013,17718.14$0
Feb 199318212,72717.90$3,258
Jan 1993014,76516.93$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.

Apr 2011 — as filed, then multipliedworked
Condensate            81 bbl  × $105.96 =     $8,583
Gas                   68 Mcf  × $  4.33 =       $295

────────────────────────────────────────────────────
Month total                                   $8,877

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/125769 is the state's own key, not one this site invented.