BORDERS-SMITH UNIT 3

Name: BORDERS-SMITH UNIT 3 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ANADARKO E&P ONSHORE LLC (P-5 20528) 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 130724District 06Field 16032174NGPA filingCondensateGasSave Export

Value, all time

$929 k

Jan 1993 – Feb 2013

Value, last 12 filed months

at the published price for each month

Months reported

242

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	3,338 bbl	$56,696
Gas	Production	414,813 Mcf	$871,964
Total			$928,659

200,020 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 32.1134, -94.2373. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11341, -94.23728 · 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

9,750 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 9,750 ft.

Completions filed

Feb 2013

1 of 1 wells

1 well


42-36531985	4	9,750 ft	Feb 2013	—	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 (242)

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

242 months


Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	13	98.09	2.73	$36
Dec 2011	0	2	96.87	3.24	$6
Nov 2011	0	1	95.72	3.31	$3
Oct 2011	0	5	84.98	3.65	$18
Sep 2011	0	166	83.62	3.99	$662
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	144	85.73	4.35	$626
Nov 2010	0	175	80.84	3.80	$664
Oct 2010	0	9	78.10	3.51	$32
Sep 2010	0	14	72.63	3.98	$56
Aug 2010	0	168	73.68	4.42	$742
Jul 2010	0	46	72.55	4.74	$218
Jun 2010	0	57	70.36	4.91	$280
May 2010	0	51	71.12	4.24	$216
Apr 2010	0	26	81.69	4.12	$107
Mar 2010	0	7	78.39	4.39	$31
Feb 2010	0	14	73.58	5.44	$76
Jan 2010	0	289	74.36	5.96	$1,724
Dec 2009	0	185	71.44	5.48	$1,014
Nov 2009	0	402	74.59	3.75	$1,508
Oct 2009	0	424	72.54	4.11	$1,743
Sep 2009	0	409	65.54	3.06	$1,253
Aug 2009	0	433	67.42	3.22	$1,394
Jul 2009	0	437	61.13	3.46	$1,514
Jun 2009	0	259	66.16	3.90	$1,009
May 2009	0	339	54.74	3.93	$1,331
Apr 2009	0	356	46.77	3.59	$1,277
Mar 2009	0	317	42.14	4.06	$1,287
Feb 2009	0	299	32.81	4.63	$1,385
Jan 2009	0	308	35.86	5.37	$1,654
Dec 2008	0	160	37.10	5.98	$956
Nov 2008	0	230	55.49	6.86	$1,578
Oct 2008	0	132	75.24	6.92	$914
Sep 2008	0	84	101.76	7.88	$662
Aug 2008	0	136	114.22	8.48	$1,154
Jul 2008	0	81	131.08	11.39	$923
Jun 2008	0	142	131.33	13.03	$1,851
May 2008	0	155	123.17	11.57	$1,794
Apr 2008	0	192	110.31	10.45	$2,007
Mar 2008	0	75	101.90	9.66	$725
Feb 2008	0	135	92.53	8.77	$1,184
Jan 2008	0	164	90.38	8.21	$1,346
Dec 2007	0	488	88.33	7.30	$3,563
Nov 2007	0	328	91.67	7.29	$2,392
Oct 2007	0	173	82.85	6.92	$1,198
Sep 2007	0	2	75.84	6.24	$12
Aug 2007	0	26	69.06	6.39	$166
Jul 2007	0	176	70.90	6.39	$1,124
Jun 2007	0	6	62.00	7.55	$45
May 2007	0	9	58.74	7.85	$71
Apr 2007	0	40	59.61	7.81	$312
Mar 2007	0	48	56.92	7.30	$350
Feb 2007	0	30	55.10	8.22	$246
Jan 2007	0	28	50.30	6.73	$188
Dec 2006	0	61	56.65	6.92	$422
Nov 2006	0	22	54.20	7.62	$168
Oct 2006	0	31	54.90	6.01	$186
Sep 2006	0	13	60.08	5.04	$65
Aug 2006	0	36	68.71	7.34	$264
Jul 2006	0	130	69.37	6.34	$825
Jun 2006	0	336	66.28	6.38	$2,145
May 2006	0	333	66.01	6.42	$2,140
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	131	56.70	7.08	$928
Feb 2006	0	23	57.59	7.75	$178
Jan 2006	0	140	60.59	8.93	$1,251
Dec 2005	0	84	54.94	13.42	$1,127
Nov 2005	0	87	54.69	10.59	$921
Oct 2005	0	27	58.34	13.80	$372
Sep 2005	0	600	61.45	12.08	$7,247
Aug 2005	0	553	61.51	9.80	$5,418
Jul 2005	0	88	55.69	7.84	$690
Jun 2005	0	281	52.33	7.38	$2,074
May 2005	0	1,052	45.22	6.65	$6,997
Apr 2005	0	1,616	49.20	7.36	$11,895
Mar 2005	0	1,599	50.37	7.15	$11,441
Feb 2005	0	1,231	45.22	6.31	$7,770
Jan 2005	0	1,420	43.16	6.32	$8,978
Dec 2004	0	1,515	39.86	6.75	$10,228
Nov 2004	0	1,161	45.28	6.33	$7,350
Oct 2004	0	1,758	49.70	6.52	$11,454
Sep 2004	0	1,809	43.24	5.28	$9,559
Aug 2004	0	1,936	42.37	5.55	$10,746
Jul 2004	0	1,555	38.28	6.08	$9,461
Jun 2004	0	2,035	36.10	6.43	$13,091
May 2004	0	1,934	37.48	6.49	$12,561
Apr 2004	0	2,035	34.47	5.86	$11,922
Mar 2004	0	2,049	34.36	5.53	$11,331
Feb 2004	0	1,830	32.45	5.51	$10,083
Jan 2004	0	2,034	32.03	6.30	$12,813
Dec 2003	0	2,200	30.26	6.30	$13,864
Nov 2003	0	2,152	28.80	4.60	$9,889
Oct 2003	0	2,638	28.17	4.76	$12,556
Sep 2003	0	2,005	26.31	4.75	$9,522
Aug 2003	0	338	29.76	5.13	$1,734
Jul 2003	0	1,691	29.41	5.17	$8,744
Jun 2003	0	1,845	28.56	5.98	$11,039
May 2003	0	2,118	26.59	5.97	$12,650
Apr 2003	0	2,001	26.67	5.41	$10,820
Mar 2003	0	2,163	31.14	6.10	$13,186
Feb 2003	0	1,992	33.48	7.93	$15,788
Jan 2003	0	2,016	30.31	5.58	$11,253
Dec 2002	0	2,175	26.91	4.85	$10,557
Nov 2002	0	2,295	24.66	4.14	$9,494
Oct 2002	0	2,420	26.46	4.23	$10,234
Sep 2002	0	1,691	27.44	3.64	$6,147
Aug 2002	0	2,292	25.96	3.16	$7,252
Jul 2002	0	2,412	24.58	3.06	$7,385
Jun 2002	0	2,320	23.73	3.34	$7,745
May 2002	0	2,241	24.66	3.58	$8,032
Apr 2002	0	721	23.65	3.51	$2,532
Mar 2002	0	2,846	22.00	3.10	$8,830
Feb 2002	0	908	18.22	2.38	$2,157
Jan 2002	0	691	17.17	2.38	$1,642
Dec 2001	0	2,406	16.93	2.36	$5,689
Nov 2001	0	2,147	18.07	2.41	$5,165
Oct 2001	0	1,876	19.78	2.53	$4,744
Sep 2001	0	1,941	24.26	2.25	$4,370
Aug 2001	0	2,260	24.87	3.05	$6,900
Jul 2001	0	2,463	23.93	3.20	$7,874
Jun 2001	0	1,692	24.56	3.82	$6,470
May 2001	0	1,841	25.52	4.31	$7,930
Apr 2001	0	2,498	24.68	5.34	$13,328
Mar 2001	0	2,447	24.54	5.38	$13,156
Feb 2001	0	2,322	27.75	5.77	$13,391
Jan 2001	0	2,419	27.47	8.40	$20,317
Dec 2000	0	2,446	26.88	9.12	$22,314
Nov 2000	0	2,528	32.21	5.66	$14,303
Oct 2000	0	2,666	31.23	5.15	$13,718
Sep 2000	0	2,564	31.87	5.19	$13,298
Aug 2000	0	2,768	29.64	4.54	$12,569
Jul 2000	0	2,024	28.53	4.09	$8,278
Jun 2000	0	2,455	29.30	4.40	$10,795
May 2000	0	2,641	27.26	3.68	$9,718
Apr 2000	0	2,515	24.51	3.12	$7,837
Mar 2000	0	2,940	28.42	2.86	$8,408
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	2,729	25.27	2.48	$6,769
Dec 1999	0	2,664	24.28	2.42	$6,457
Nov 1999	0	2,614	23.19	2.43	$6,362
Oct 1999	0	2,937	20.98	2.80	$8,235
Sep 1999	0	2,521	21.75	2.62	$6,602
Aug 1999	0	2,668	19.26	2.88	$7,672
Jul 1999	0	2,841	17.89	2.37	$6,740
Jun 1999	0	2,967	15.94	2.36	$7,008
May 1999	0	3,116	15.79	2.32	$7,232
Apr 1999	0	254	15.10	2.21	$561
Mar 1999	0	2,486	12.47	1.84	$4,570
Feb 1999	0	1,745	9.98	1.82	$3,172
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	3,441	9.20	1.77	$6,102
Nov 1998	0	3,521	10.89	2.19	$7,696
Oct 1998	0	5,311	12.42	1.97	$10,458
Sep 1998	0	1,302	12.59	2.08	$2,712
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	313	11.24	2.24	$700
May 1998	0	116	12.62	2.21	$256
Apr 1998	200	0	13.04	2.51	$2,608
Mar 1998	0	3,640	12.80	2.31	$8,406
Feb 1998	0	2,149	13.95	2.30	$4,941
Jan 1998	0	2,710	14.70	2.15	$5,839
Dec 1997	0	63	16.32	2.41	$152
Nov 1997	1	73	18.19	3.09	$244
Oct 1997	1	1,859	19.25	3.15	$5,875
Sep 1997	1	2,575	17.74	2.95	$7,627
Aug 1997	178	2,473	17.86	2.55	$9,497
Jul 1997	3	3,614	17.58	2.25	$8,173
Jun 1997	0	3,119	17.24	2.26	$7,040
May 1997	0	507	18.97	2.31	$1,170
Apr 1997	0	2,598	17.88	2.08	$5,411
Mar 1997	180	3,299	18.95	1.94	$9,808
Feb 1997	0	4,088	20.49	2.21	$9,018
Jan 1997	0	510	23.48	3.54	$1,805
Dec 1996	2	2,108	23.32	—	$47
Nov 1996	1	3,309	21.97	—	$22
Oct 1996	181	3,596	23.31	—	$4,219
Sep 1996	183	3,486	22.22	—	$4,066
Aug 1996	2	3,849	20.26	—	$41
Jul 1996	2	2,069	19.55	—	$39
Jun 1996	1	3,508	18.73	—	$19
May 1996	2	2,840	19.43	—	$39
Apr 1996	2	3,365	21.51	—	$43
Mar 1996	2	3,910	19.38	—	$39
Feb 1996	2	3,077	16.98	—	$34
Jan 1996	186	3,616	17.07	—	$3,175
Dec 1995	2	3,796	17.19	—	$34
Nov 1995	2	3,954	16.00	—	$32
Oct 1995	2	3,345	15.43	—	$31
Sep 1995	183	3,646	16.18	—	$2,961
Aug 1995	2	4,107	15.92	—	$32
Jul 1995	2	4,214	15.24	—	$30
Jun 1995	1	4,124	16.41	—	$16
May 1995	180	4,081	17.56	—	$3,161
Apr 1995	1	3,804	17.73	—	$18
Mar 1995	2	4,489	16.44	—	$33
Feb 1995	180	3,584	16.58	—	$2,984
Jan 1995	188	3,270	15.92	—	$2,993
Dec 1994	1	4,092	15.03	—	$15
Nov 1994	1	4,495	15.90	—	$16
Oct 1994	0	4,475	15.58	—	$0
Sep 1994	1	5,086	15.29	—	$15
Aug 1994	179	3,876	16.13	—	$2,887
Jul 1994	1	3,634	17.56	—	$18
Jun 1994	1	4,604	17.09	—	$17
May 1994	181	4,721	15.88	—	$2,874
Apr 1994	1	4,988	14.14	—	$14
Mar 1994	182	5,781	12.46	—	$2,268
Feb 1994	2	3,467	12.50	—	$25
Jan 1994	1	2,992	12.66	—	$13
Dec 1993	0	5,196	12.33	—	$0
Nov 1993	184	4,750	14.49	—	$2,666
Oct 1993	0	4,980	15.85	—	$0
Sep 1993	0	4,787	15.03	—	$0
Aug 1993	179	5,575	15.66	—	$2,803
Jul 1993	1	5,422	15.46	—	$15
Jun 1993	180	6,078	16.79	—	$3,022
May 1993	1	5,407	17.68	—	$18
Apr 1993	182	4,845	18.05	—	$3,285
Mar 1993	0	4,773	18.14	—	$0
Feb 1993	184	5,402	17.90	—	$3,294
Jan 1993	1	5,447	16.93	—	$17

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.

Jan 2012 — as filed, then multipliedworked

Condensate             0 bbl  × $ 98.09 =         $0
Gas                   13 Mcf  × $  2.73 =        $36

────────────────────────────────────────────────────
Month total                                      $36

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/130724 is the state's own key, not one this site invented.