DAILEY ESTATE

Operated by PALMER PETROLEUM INC. (P-5 636222) in the NAVARRO CROSSING (DEXTER, EAST) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 138196District 06Field 64605124NGPA filingCondensateGasSaveExport
Value, all time
$673 k
Jan 1993 – Sep 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
165
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1991-03-09
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1991-07-08.

The Commission's schedule remark for this field reads: PER DKT. #6-96302.

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
CondensateDisposition235 bbl$7,059
GasProduction551,707 Mcf$666,105
Total$673,165

346,749 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 31.4562, -95.6590. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45615, -95.65902 · 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
6,500 ft
1 wells filed one
Completion to plug
19 months
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 6,500 ft.

Completions filed
Feb 2005
1 of 1 wells
Plug dates filed
Sep 2006
1 of 1 wells

Last completion to plug: a median of 19 months across the 1 well that filed both dates, with the middle half between 19 months and 19 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2253082916,500 ftFeb 2005Sep 2006Yes

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 (165)

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

165 months

Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 2005104045.226.65$4,703
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 2005025945.226.31$1,635
Jan 2005016943.166.32$1,068
Dec 2004014739.866.75$992
Nov 2004030645.286.33$1,937
Oct 2004063149.706.52$4,111
Sep 2004029243.245.28$1,543
Aug 2004029242.375.55$1,621
Jul 2004043338.286.08$2,634
Jun 2004020936.106.43$1,345
May 2004027437.486.49$1,780
Apr 2004047634.475.86$2,789
Mar 2004020934.365.53$1,156
Feb 2004036332.455.51$2,000
Jan 2004023732.036.30$1,493
Dec 2003076930.266.30$4,846
Nov 2003094828.804.60$4,356
Oct 2003050228.174.76$2,389
Sep 2003023226.314.75$1,102
Aug 2003036829.765.13$1,888
Jul 2003034529.415.17$1,784
Jun 2003039528.565.98$2,363
May 2003070726.595.97$4,223
Apr 2003052326.675.41$2,828
Mar 200301,76231.146.10$10,741
Feb 200301,83833.487.93$14,568
Jan 200301,88030.315.58$10,494
Dec 2002088726.914.85$4,305
Nov 2002094824.664.14$3,922
Oct 200201,10226.464.23$4,660
Sep 2002071627.443.64$2,603
Aug 2002044925.963.16$1,421
Jul 2002097524.583.06$2,985
Jun 2002011823.733.34$394
May 200201,36024.663.58$4,874
Apr 2002057523.653.51$2,020
Mar 200201,43622.003.10$4,456
Feb 2002078118.222.38$1,855
Jan 200201,70517.172.38$4,051
Dec 200101,42416.932.36$3,367
Nov 200101,41718.072.41$3,409
Oct 200101,89919.782.53$4,802
Sep 200101,92624.262.25$4,336
Aug 200101,94424.873.05$5,935
Jul 200102,10923.933.20$6,743
Jun 200102,38024.563.82$9,102
May 200102,31625.524.31$9,976
Apr 200102,01424.685.34$10,745
Mar 200102,42024.545.38$13,011
Feb 200102,45827.755.77$14,175
Jan 200102,55627.478.40$21,467
Dec 200002,88526.889.12$26,318
Nov 200003,00232.215.66$16,985
Oct 200003,09031.235.15$15,900
Sep 200003,36631.875.19$17,458
Aug 200002,77929.644.54$12,619
Jul 200002,77928.534.09$11,365
Jun 200003,09829.304.40$13,623
May 200002,25527.263.68$8,298
Apr 200002,71624.513.12$8,463
Mar 200003,42928.422.86$9,806
Feb 2000013627.622.73$371
Jan 200002,10625.272.48$5,224
Dec 199902,82224.282.42$6,840
Nov 199902,85723.192.43$6,954
Oct 199903,14720.982.80$8,823
Sep 199903,05821.752.62$8,008
Aug 199903,49719.262.88$10,056
Jul 199903,89617.892.37$9,243
Jun 199903,87715.942.36$9,158
May 199903,96115.792.32$9,194
Apr 199903,77815.102.21$8,342
Mar 199904,03612.471.84$7,420
Feb 199904,6029.981.82$8,365
Jan 199904,13310.381.90$7,852
Dec 199803,3899.201.77$6,010
Nov 199803,82410.892.19$8,358
Oct 199803,15612.421.97$6,215
Sep 199803,02812.592.08$6,306
Aug 199802,62111.301.91$4,999
Jul 199803,24411.742.24$7,258
Jun 199803,34311.242.24$7,479
May 199803,41312.622.21$7,530
Apr 199803,18913.042.51$7,990
Mar 199803,90912.802.31$9,028
Feb 199803,61613.952.30$8,314
Jan 199803,96114.702.15$8,535
Dec 199704,06716.322.41$9,806
Nov 199703,95318.193.09$12,208
Oct 199703,74519.253.15$11,796
Sep 199703,97317.742.95$11,740
Aug 199704,47517.862.55$11,432
Jul 199754,26817.582.25$9,678
Jun 199704,22917.242.26$9,546
May 199703,94918.972.31$9,116
Apr 199703,04917.882.08$6,350
Mar 1997058018.951.94$1,125
Feb 199701,02320.492.21$2,257
Jan 199701,16823.483.54$4,134
Dec 199601,05923.32$0
Nov 1996099121.97$0
Oct 1996080323.31$0
Sep 1996059822.22$0
Aug 199601,93820.26$0
Jul 199604,21719.55$0
Jun 199604,24718.73$0
May 199604,97019.43$0
Apr 199604,99921.51$0
Mar 199605,05119.38$0
Feb 199604,43216.98$0
Jan 199604,84417.07$0
Dec 199505,36117.19$0
Nov 199515,05116.00$16
Oct 199505,59915.43$0
Sep 199515,71916.18$16
Aug 199505,72115.92$0
Jul 199515,86715.24$15
Jun 199505,89816.41$0
May 199506,27117.56$0
Apr 199506,22217.73$0
Mar 199506,68716.44$0
Feb 199506,03916.58$0
Jan 199506,69615.92$0
Dec 199403,28515.03$0
Nov 199405,75515.90$0
Oct 199406,98015.58$0
Sep 199405,88415.29$0
Aug 199408,11816.13$0
Jul 199408,13717.56$0
Jun 199407,99017.09$0
May 199438,81015.88$48
Apr 199408,57414.14$0
Mar 199409,42112.46$0
Feb 199408,59712.50$0
Jan 199409,62612.66$0
Dec 1993010,14412.33$0
Nov 1993010,16214.49$0
Oct 1993010,85415.85$0
Sep 1993011,31015.03$0
Aug 1993012,22515.66$0
Jul 1993012,45015.46$0
Jun 1993212,83916.79$34
May 1993013,36817.68$0
Apr 1993012,61818.05$0
Mar 199311612,86418.14$2,104
Feb 1993212,42617.90$36
Jan 1993015,03216.93$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.

May 2005 — as filed, then multipliedworked
Condensate           104 bbl  × $ 45.22 =     $4,703
Gas                    0 Mcf  × $  6.65 =         $0

────────────────────────────────────────────────────
Month total                                   $4,703

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/138196 is the state's own key, not one this site invented.