WOODS, MILTON (DEEP) GAS UNIT

Name: WOODS, MILTON (DEEP) GAS UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) in the WOODLAWN (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 139904District 06Field 985630832 tax incentive programmesCondensateGasSave Export

Value, all time

$1.7 M

Jan 1993 – Jan 2007

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

169

no gaps in the span

Streams

condensate, gas

The WOODLAWN (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 368 leases and 368 wells, and the rule below applies to all of them.

Discovered

1965-01-10

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 2010-11-02.

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
High Cost Gas	1	1	1992-01-24	124527
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	4,563 bbl	$85,699
Gas	Production	1,064,057 Mcf	$1,647,100
Total			$1,732,799

593,946 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 32.6112, -94.3879. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.61119, -94.38789 · 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

10,140 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

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 10,140 ft.

Plug dates filed

Jan 2008

1 of 1 wells

1 well


42-20332023	3-L	10,140 ft	—	Jan 2008	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 (169)

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

169 months


Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	1	0	69.37	6.34	$69
Jun 2006	12	135	66.28	6.38	$1,657
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	303	60.59	8.93	$2,707
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	4	527	50.37	7.15	$3,972
Feb 2005	16	2,484	45.22	6.31	$16,402
Jan 2005	19	2,678	43.16	6.32	$17,751
Dec 2004	22	3,693	39.86	6.75	$25,809
Nov 2004	5	2,947	45.28	6.33	$18,882
Oct 2004	6	3,118	49.70	6.52	$20,612
Sep 2004	7	3,939	43.24	5.28	$21,116
Aug 2004	5	3,231	42.37	5.55	$18,146
Jul 2004	4	2,465	38.28	6.08	$15,151
Jun 2004	6	3,011	36.10	6.43	$19,586
May 2004	7	2,744	37.48	6.49	$18,083
Apr 2004	6	2,966	34.47	5.86	$17,583
Mar 2004	6	3,254	34.36	5.53	$18,201
Feb 2004	6	2,812	32.45	5.51	$15,688
Jan 2004	6	3,457	32.03	6.30	$21,970
Dec 2003	7	4,158	30.26	6.30	$26,414
Nov 2003	14	3,976	28.80	4.60	$18,674
Oct 2003	10	3,138	28.17	4.76	$15,217
Sep 2003	15	4,112	26.31	4.75	$19,924
Aug 2003	17	4,526	29.76	5.13	$23,723
Jul 2003	17	4,765	29.41	5.17	$25,139
Jun 2003	13	4,238	28.56	5.98	$25,727
May 2003	14	3,646	26.59	5.97	$22,149
Apr 2003	12	3,563	26.67	5.41	$19,586
Mar 2003	9	2,338	31.14	6.10	$14,533
Feb 2003	15	1,794	33.48	7.93	$14,721
Jan 2003	23	3,252	30.31	5.58	$18,850
Dec 2002	26	3,334	26.91	4.85	$16,882
Nov 2002	39	5,981	24.66	4.14	$25,705
Oct 2002	26	4,591	26.46	4.23	$20,104
Sep 2002	31	5,851	27.44	3.64	$22,120
Aug 2002	21	5,332	25.96	3.16	$17,416
Jul 2002	19	4,247	24.58	3.06	$13,470
Jun 2002	30	6,007	23.73	3.34	$20,765
May 2002	35	5,694	24.66	3.58	$21,270
Apr 2002	29	4,631	23.65	3.51	$16,951
Mar 2002	40	7,641	22.00	3.10	$24,588
Feb 2002	0	9,799	18.22	2.38	$23,279
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	484	18.07	2.41	$1,164
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	5,128	24.68	5.34	$27,360
Mar 2001	0	4,338	24.54	5.38	$23,323
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	4,091	27.47	8.40	$34,359
Dec 2000	2	4,377	26.88	9.12	$39,983
Nov 2000	18	4,220	32.21	5.66	$24,457
Oct 2000	21	4,460	31.23	5.15	$23,605
Sep 2000	22	4,828	31.87	5.19	$25,742
Aug 2000	28	5,575	29.64	4.54	$26,145
Jul 2000	23	4,984	28.53	4.09	$21,040
Jun 2000	27	5,296	29.30	4.40	$24,079
May 2000	28	5,479	27.26	3.68	$20,925
Apr 2000	35	5,445	24.51	3.12	$17,824
Mar 2000	25	4,716	28.42	2.86	$14,197
Feb 2000	28	5,167	27.62	2.73	$14,861
Jan 2000	32	5,409	25.27	2.48	$14,226
Dec 1999	22	3,804	24.28	2.42	$9,754
Nov 1999	10	4,785	23.19	2.43	$11,879
Oct 1999	7	4,037	20.98	2.80	$11,465
Sep 1999	7	4,517	21.75	2.62	$11,982
Aug 1999	9	5,913	19.26	2.88	$17,177
Jul 1999	9	5,370	17.89	2.37	$12,901
Jun 1999	10	5,864	15.94	2.36	$14,011
May 1999	10	6,460	15.79	2.32	$15,152
Apr 1999	9	4,938	15.10	2.21	$11,039
Mar 1999	11	5,116	12.47	1.84	$9,542
Feb 1999	10	4,745	9.98	1.82	$8,725
Jan 1999	12	5,402	10.38	1.90	$10,388
Dec 1998	13	5,752	9.20	1.77	$10,320
Nov 1998	15	7,611	10.89	2.19	$16,799
Oct 1998	14	6,850	12.42	1.97	$13,663
Sep 1998	16	7,624	12.59	2.08	$16,079
Aug 1998	31	7,924	11.30	1.91	$15,464
Jul 1998	37	8,528	11.74	2.24	$19,514
Jun 1998	31	8,430	11.24	2.24	$19,209
May 1998	35	7,916	12.62	2.21	$17,907
Apr 1998	42	7,779	13.04	2.51	$20,037
Mar 1998	50	8,890	12.80	2.31	$21,171
Feb 1998	30	5,779	13.95	2.30	$13,705
Jan 1998	31	7,495	14.70	2.15	$16,606
Dec 1997	26	6,923	16.32	2.41	$17,116
Nov 1997	26	7,424	18.19	3.09	$23,400
Oct 1997	22	6,983	19.25	3.15	$22,419
Sep 1997	27	7,749	17.74	2.95	$23,376
Aug 1997	29	8,398	17.86	2.55	$21,973
Jul 1997	33	7,580	17.58	2.25	$17,612
Jun 1997	29	7,643	17.24	2.26	$17,752
May 1997	31	8,512	18.97	2.31	$20,238
Apr 1997	32	7,966	17.88	2.08	$17,164
Mar 1997	30	8,035	18.95	1.94	$16,149
Feb 1997	37	7,988	20.49	2.21	$18,379
Jan 1997	34	9,006	23.48	3.54	$32,677
Dec 1996	41	9,314	23.32	—	$956
Nov 1996	40	9,030	21.97	—	$879
Oct 1996	31	9,186	23.31	—	$723
Sep 1996	32	8,937	22.22	—	$711
Aug 1996	34	9,594	20.26	—	$689
Jul 1996	35	9,777	19.55	—	$684
Jun 1996	40	9,252	18.73	—	$749
May 1996	52	11,515	19.43	—	$1,010
Apr 1996	44	8,915	21.51	—	$946
Mar 1996	48	10,207	19.38	—	$930
Feb 1996	45	9,529	16.98	—	$764
Jan 1996	50	10,281	17.07	—	$854
Dec 1995	50	11,093	17.19	—	$860
Nov 1995	52	11,133	16.00	—	$832
Oct 1995	43	11,270	15.43	—	$663
Sep 1995	46	10,285	16.18	—	$744
Aug 1995	44	10,919	15.92	—	$700
Jul 1995	50	11,067	15.24	—	$762
Jun 1995	51	10,859	16.41	—	$837
May 1995	58	10,900	17.56	—	$1,018
Apr 1995	60	9,964	17.73	—	$1,064
Mar 1995	68	11,016	16.44	—	$1,118
Feb 1995	60	10,287	16.58	—	$995
Jan 1995	67	11,244	15.92	—	$1,067
Dec 1994	77	11,839	15.03	—	$1,157
Nov 1994	65	11,360	15.90	—	$1,034
Oct 1994	68	11,758	15.58	—	$1,059
Sep 1994	61	10,361	15.29	—	$933
Aug 1994	51	12,594	16.13	—	$823
Jul 1994	72	13,201	17.56	—	$1,264
Jun 1994	71	13,247	17.09	—	$1,213
May 1994	90	13,974	15.88	—	$1,429
Apr 1994	86	13,268	14.14	—	$1,216
Mar 1994	99	14,949	12.46	—	$1,234
Feb 1994	97	14,148	12.50	—	$1,213
Jan 1994	116	17,480	12.66	—	$1,469
Dec 1993	111	16,908	12.33	—	$1,369
Nov 1993	105	16,191	14.49	—	$1,521
Oct 1993	101	18,446	15.85	—	$1,601
Sep 1993	80	13,461	15.03	—	$1,202
Aug 1993	79	17,755	15.66	—	$1,237
Jul 1993	76	13,570	15.46	—	$1,175
Jun 1993	94	16,805	16.79	—	$1,578
May 1993	107	18,760	17.68	—	$1,892
Apr 1993	0	18,033	18.05	—	$0
Mar 1993	0	17,069	18.14	—	$0
Feb 1993	0	10,981	17.90	—	$0
Jan 1993	0	12,214	16.93	—	$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.

Jul 2006 — as filed, then multipliedworked

Condensate             1 bbl  × $ 69.37 =        $69
Gas                    0 Mcf  × $  6.34 =         $0

────────────────────────────────────────────────────
Month total                                      $69

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/139904 is the state's own key, not one this site invented.