STEPHENS, HOUSTON

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

Operated by QUANTUM RESOURCES MANAGEMENT,LLC (P-5 684554) in the WHITE OAK (COTTON VALLEY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 140508District 06Field 969691502 tax incentive programmesCondensateGasSave Export

Value, all time

$1.6 M

Jan 1993 – Jun 2014

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

258

no gaps in the span

Streams

condensate, gas

The WHITE OAK (COTTON VALLEY SAND) 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 170 leases and 170 wells, and the rule below applies to all of them.

Discovered

1991-07-20

as the register files it

Field class

Gas

the register's own label

Between wells

600 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-03-20.

The Commission's schedule remark for this field reads: “LOG OF C. W. RESOURCES MAUD SMITH #1 WELL (API 42-183-30958).”

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	1992-06-19	125495
NGPA	2	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	5,613 bbl	$121,989
Gas	Production	479,667 Mcf	$1,443,393
Total			$1,565,382

164,951 Mcf of this lease's gas, across 45 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 32.5382, -94.8654. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.53820, -94.86542 · 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

12,283 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 12,283 ft.

Completions filed

Jun 2014

1 of 1 wells

1 well


42-18330855	1X	12,283 ft	Jun 2014	—	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 (258)

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

258 months


Jun 2014	0	0	98.16	4.74	$0
May 2014	0	16	94.73	4.73	$76
Apr 2014	0	85	95.94	4.81	$409
Mar 2014	0	84	95.89	5.06	$425
Feb 2014	0	62	97.40	6.19	$384
Jan 2014	0	95	90.40	4.86	$462
Dec 2013	0	108	91.82	4.35	$470
Nov 2013	0	85	88.85	3.74	$318
Oct 2013	0	110	97.42	3.78	$416
Sep 2013	0	72	104.11	3.72	$268
Aug 2013	0	107	104.25	3.52	$377
Jul 2013	0	109	102.52	3.72	$405
Jun 2013	0	121	94.40	3.93	$476
May 2013	0	108	94.83	4.15	$448
Apr 2013	0	111	93.96	4.28	$475
Mar 2013	0	146	93.62	3.91	$571
Feb 2013	0	66	91.23	3.42	$226
Jan 2013	0	70	91.60	3.42	$239
Dec 2012	0	43	86.77	3.42	$147
Nov 2012	0	47	86.95	3.62	$170
Oct 2012	0	44	89.38	3.40	$150
Sep 2012	0	41	94.67	2.92	$120
Aug 2012	0	33	92.66	2.91	$96
Jul 2012	0	23	85.13	3.02	$69
Jun 2012	0	28	79.82	2.52	$71
May 2012	0	53	91.61	2.49	$132
Apr 2012	0	67	101.65	2.00	$134
Mar 2012	0	68	105.05	2.22	$151
Feb 2012	0	88	101.10	2.57	$226
Jan 2012	0	139	98.09	2.73	$380
Dec 2011	0	146	96.87	3.24	$473
Nov 2011	0	155	95.72	3.31	$513
Oct 2011	0	140	84.98	3.65	$511
Sep 2011	0	136	83.62	3.99	$542
Aug 2011	0	112	83.40	4.15	$465
Jul 2011	0	119	94.14	4.52	$538
Jun 2011	0	159	92.90	4.64	$738
May 2011	0	155	98.13	4.40	$683
Apr 2011	0	213	105.96	4.33	$923
Mar 2011	0	162	96.36	4.06	$657
Feb 2011	0	77	85.64	4.18	$322
Jan 2011	0	168	86.50	4.59	$771
Dec 2010	0	363	85.73	4.35	$1,578
Nov 2010	0	123	80.84	3.80	$467
Oct 2010	0	331	78.10	3.51	$1,161
Sep 2010	0	359	72.63	3.98	$1,429
Aug 2010	0	107	73.68	4.42	$473
Jul 2010	0	235	72.55	4.74	$1,113
Jun 2010	0	287	70.36	4.91	$1,409
May 2010	0	322	71.12	4.24	$1,364
Apr 2010	4	370	81.69	4.12	$1,852
Mar 2010	14	382	78.39	4.39	$2,774
Feb 2010	10	840	73.58	5.44	$5,307
Jan 2010	12	832	74.36	5.96	$5,854
Dec 2009	11	840	71.44	5.48	$5,392
Nov 2009	11	985	74.59	3.75	$4,516
Oct 2009	11	1,239	72.54	4.11	$5,891
Sep 2009	7	1,791	65.54	3.06	$5,948
Aug 2009	8	1,359	67.42	3.22	$4,913
Jul 2009	9	536	61.13	3.46	$2,407
Jun 2009	10	923	66.16	3.90	$4,257
May 2009	11	1,052	54.74	3.93	$4,732
Apr 2009	11	1,102	46.77	3.59	$4,468
Mar 2009	8	1,331	42.14	4.06	$5,740
Feb 2009	7	1,222	32.81	4.63	$5,891
Jan 2009	9	1,242	35.86	5.37	$6,994
Dec 2008	6	1,473	37.10	5.98	$9,027
Nov 2008	5	1,740	55.49	6.86	$12,214
Oct 2008	5	1,844	75.24	6.92	$13,140
Sep 2008	5	1,031	101.76	7.88	$8,630
Aug 2008	6	1,661	114.22	8.48	$14,776
Jul 2008	8	553	131.08	11.39	$7,347
Jun 2008	7	571	131.33	13.03	$8,361
May 2008	9	615	123.17	11.57	$8,227
Apr 2008	2	591	110.31	10.45	$6,399
Mar 2008	6	995	101.90	9.66	$10,227
Feb 2008	5	636	92.53	8.77	$6,041
Jan 2008	5	804	90.38	8.21	$7,049
Dec 2007	0	826	88.33	7.30	$6,031
Nov 2007	0	809	91.67	7.29	$5,899
Oct 2007	0	712	82.85	6.92	$4,928
Sep 2007	0	1,100	75.84	6.24	$6,869
Aug 2007	0	1,722	69.06	6.39	$11,000
Jul 2007	0	214	70.90	6.39	$1,367
Jun 2007	0	539	62.00	7.55	$4,069
May 2007	0	582	58.74	7.85	$4,567
Apr 2007	0	3,581	59.61	7.81	$27,950
Mar 2007	0	566	56.92	7.30	$4,133
Feb 2007	0	627	55.10	8.22	$5,151
Jan 2007	0	121	50.30	6.73	$814
Dec 2006	0	795	56.65	6.92	$5,500
Nov 2006	0	620	54.20	7.62	$4,723
Oct 2006	0	339	54.90	6.01	$2,039
Sep 2006	0	386	60.08	5.04	$1,944
Aug 2006	0	2,539	68.71	7.34	$18,636
Jul 2006	0	1,066	69.37	6.34	$6,761
Jun 2006	0	795	66.28	6.38	$5,075
May 2006	0	754	66.01	6.42	$4,844
Apr 2006	0	707	64.39	7.36	$5,204
Mar 2006	0	1,500	56.70	7.08	$10,624
Feb 2006	0	1,246	57.59	7.75	$9,658
Jan 2006	0	1,163	60.59	8.93	$10,389
Dec 2005	0	1,167	54.94	13.42	$15,656
Nov 2005	0	1,956	54.69	10.59	$20,711
Oct 2005	0	2,153	58.34	13.80	$29,702
Sep 2005	0	2,059	61.45	12.08	$24,871
Aug 2005	0	2,183	61.51	9.80	$21,387
Jul 2005	0	2,256	55.69	7.84	$17,695
Jun 2005	0	1,997	52.33	7.38	$14,740
May 2005	0	2,135	45.22	6.65	$14,200
Apr 2005	0	2,009	49.20	7.36	$14,787
Mar 2005	0	2,378	50.37	7.15	$17,014
Feb 2005	0	1,481	45.22	6.31	$9,348
Jan 2005	0	1,425	43.16	6.32	$9,009
Dec 2004	0	2,505	39.86	6.75	$16,911
Nov 2004	0	1,961	45.28	6.33	$12,414
Oct 2004	0	1,395	49.70	6.52	$9,089
Sep 2004	0	2,010	43.24	5.28	$10,621
Aug 2004	0	2,491	42.37	5.55	$13,827
Jul 2004	0	2,271	38.28	6.08	$13,817
Jun 2004	0	2,369	36.10	6.43	$15,240
May 2004	0	2,448	37.48	6.49	$15,899
Apr 2004	0	2,807	34.47	5.86	$16,445
Mar 2004	0	2,378	34.36	5.53	$13,151
Feb 2004	0	2,275	32.45	5.51	$12,534
Jan 2004	183	3,832	32.03	6.30	$30,002
Dec 2003	0	1,226	30.26	6.30	$7,726
Nov 2003	0	1,164	28.80	4.60	$5,349
Oct 2003	0	1,286	28.17	4.76	$6,121
Sep 2003	0	1,898	26.31	4.75	$9,014
Aug 2003	0	954	29.76	5.13	$4,894
Jul 2003	0	2,043	29.41	5.17	$10,564
Jun 2003	155	2,291	28.56	5.98	$18,134
May 2003	0	1,349	26.59	5.97	$8,057
Apr 2003	0	1,667	26.67	5.41	$9,014
Mar 2003	0	2,309	31.14	6.10	$14,076
Feb 2003	0	2,156	33.48	7.93	$17,088
Jan 2003	0	2,318	30.31	5.58	$12,939
Dec 2002	166	2,523	26.91	4.85	$16,713
Nov 2002	0	1,690	24.66	4.14	$6,991
Oct 2002	0	2,547	26.46	4.23	$10,772
Sep 2002	0	2,826	27.44	3.64	$10,273
Aug 2002	0	3,056	25.96	3.16	$9,670
Jul 2002	0	1,896	24.58	3.06	$5,805
Jun 2002	0	2,575	23.73	3.34	$8,596
May 2002	177	3,136	24.66	3.58	$15,604
Apr 2002	0	2,169	23.65	3.51	$7,618
Mar 2002	0	2,642	22.00	3.10	$8,197
Feb 2002	0	2,634	18.22	2.38	$6,258
Jan 2002	0	2,811	17.17	2.38	$6,678
Dec 2001	176	3,294	16.93	2.36	$10,768
Nov 2001	0	1,842	18.07	2.41	$4,431
Oct 2001	0	1,694	19.78	2.53	$4,284
Sep 2001	0	1,278	24.26	2.25	$2,877
Aug 2001	0	1,430	24.87	3.05	$4,366
Jul 2001	0	1,176	23.93	3.20	$3,760
Jun 2001	0	2,126	24.56	3.82	$8,130
May 2001	0	2,858	25.52	4.31	$12,310
Apr 2001	173	2,996	24.68	5.34	$20,254
Mar 2001	0	1,565	24.54	5.38	$8,414
Feb 2001	0	2,440	27.75	5.77	$14,072
Jan 2001	0	2,554	27.47	8.40	$21,450
Dec 2000	0	2,979	26.88	9.12	$27,176
Nov 2000	178	1,986	32.21	5.66	$16,970
Oct 2000	0	1,821	31.23	5.15	$9,370
Sep 2000	0	2,911	31.87	5.19	$15,098
Aug 2000	0	2,706	29.64	4.54	$12,287
Jul 2000	0	2,206	28.53	4.09	$9,022
Jun 2000	177	1,975	29.30	4.40	$13,871
May 2000	0	1,956	27.26	3.68	$7,198
Apr 2000	0	2,385	24.51	3.12	$7,432
Mar 2000	0	3,564	28.42	2.86	$10,192
Feb 2000	0	2,050	27.62	2.73	$5,589
Jan 2000	178	2,006	25.27	2.48	$9,474
Dec 1999	0	2,295	24.28	2.42	$5,562
Nov 1999	0	1,968	23.19	2.43	$4,790
Oct 1999	0	2,508	20.98	2.80	$7,032
Sep 1999	0	3,011	21.75	2.62	$7,885
Aug 1999	0	2,689	19.26	2.88	$7,732
Jul 1999	172	3,028	17.89	2.37	$10,261
Jun 1999	0	2,403	15.94	2.36	$5,676
May 1999	0	2,085	15.79	2.32	$4,839
Apr 1999	0	3,273	15.10	2.21	$7,227
Mar 1999	0	2,104	12.47	1.84	$3,868
Feb 1999	172	2,197	9.98	1.82	$5,710
Jan 1999	0	3,031	10.38	1.90	$5,759
Dec 1998	0	3,597	9.20	1.77	$6,379
Nov 1998	0	2,692	10.89	2.19	$5,884
Oct 1998	0	3,079	12.42	1.97	$6,063
Sep 1998	150	2,868	12.59	2.08	$7,861
Aug 1998	0	3,422	11.30	1.91	$6,527
Jul 1998	0	3,384	11.74	2.24	$7,571
Jun 1998	149	2,712	11.24	2.24	$7,742
May 1998	0	2,391	12.62	2.21	$5,275
Apr 1998	0	3,521	13.04	2.51	$8,821
Mar 1998	0	3,492	12.80	2.31	$8,065
Feb 1998	0	1,293	13.95	2.30	$2,973
Jan 1998	146	3,168	14.70	2.15	$8,973
Dec 1997	0	3,588	16.32	2.41	$8,651
Nov 1997	0	2,379	18.19	3.09	$7,347
Oct 1997	141	3,895	19.25	3.15	$14,983
Sep 1997	0	5,223	17.74	2.95	$15,433
Aug 1997	0	2,122	17.86	2.55	$5,421
Jul 1997	178	925	17.58	2.25	$5,208
Jun 1997	0	642	17.24	2.26	$1,449
May 1997	0	1,337	18.97	2.31	$3,086
Apr 1997	0	3,403	17.88	2.08	$7,088
Mar 1997	0	3,764	18.95	1.94	$7,299
Feb 1997	0	2,870	20.49	2.21	$6,331
Jan 1997	156	3,485	23.48	3.54	$15,999
Dec 1996	0	4,386	23.32	—	$0
Nov 1996	0	871	21.97	—	$0
Oct 1996	184	4,443	23.31	—	$4,289
Sep 1996	0	2,153	22.22	—	$0
Aug 1996	0	4,119	20.26	—	$0
Jul 1996	0	3,915	19.55	—	$0
Jun 1996	181	4,029	18.73	—	$3,390
May 1996	0	4,413	19.43	—	$0
Apr 1996	0	3,461	21.51	—	$0
Mar 1996	0	3,877	19.38	—	$0
Feb 1996	155	4,793	16.98	—	$2,632
Jan 1996	0	3,375	17.07	—	$0
Dec 1995	0	4,004	17.19	—	$0
Nov 1995	182	4,391	16.00	—	$2,912
Oct 1995	3	5,536	15.43	—	$46
Sep 1995	160	5,887	16.18	—	$2,589
Aug 1995	2	7,234	15.92	—	$32
Jul 1995	165	6,742	15.24	—	$2,515
Jun 1995	0	4,418	16.41	—	$0
May 1995	170	5,883	17.56	—	$2,985
Apr 1995	0	0	17.73	—	$0
Mar 1995	0	22	16.44	—	$0
Feb 1995	0	79	16.58	—	$0
Jan 1995	0	3,202	15.92	—	$0
Dec 1994	1	4,681	15.03	—	$15
Nov 1994	144	2,570	15.90	—	$2,290
Oct 1994	168	3,789	15.58	—	$2,617
Sep 1994	0	1,326	15.29	—	$0
Aug 1994	0	2,441	16.13	—	$0
Jul 1994	165	3,147	17.56	—	$2,897
Jun 1994	1	1,964	17.09	—	$17
May 1994	130	3,313	15.88	—	$2,064
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	1,519	12.50	—	$0
Jan 1994	0	1,101	12.66	—	$0
Dec 1993	0	2,173	12.33	—	$0
Nov 1993	169	4,527	14.49	—	$2,449
Oct 1993	0	3,853	15.85	—	$0
Sep 1993	156	3,138	15.03	—	$2,345
Aug 1993	0	4,115	15.66	—	$0
Jul 1993	0	1,704	15.46	—	$0
Jun 1993	0	3,638	16.79	—	$0
May 1993	164	4,626	17.68	—	$2,900
Apr 1993	0	4,570	18.05	—	$0
Mar 1993	143	4,355	18.14	—	$2,594
Feb 1993	0	4,527	17.90	—	$0
Jan 1993	121	6,641	16.93	—	$2,049

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 2014 — as filed, then multipliedworked

Condensate             0 bbl  × $ 94.73 =         $0
Gas                   16 Mcf  × $  4.73 =        $76

────────────────────────────────────────────────────
Month total                                      $76

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/140508 is the state's own key, not one this site invented.