POOLE

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

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the MARTHA ANN (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 142226District 06Field 577624002 tax incentive programmesCondensateGasSave Export

Value, all time

$969 k

Jan 1993 – Jun 2007

Value, last 12 filed months

at the published price for each month

Months reported

174

no gaps in the span

Streams

condensate, gas

The MARTHA ANN (TRAVIS PEAK) 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 leases and 4 wells, and the rule below applies to all of them.

Discovered

1990-04-25

as the register files it

Field class

Oil and gas

the register's own label

Between wells

2,640 ft

minimum

From a lease line

1,320 ft

minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1992-11-23.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFF. 5-1-95.”

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	1992-12-31	124564
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	13,997 bbl	$259,514
Gas	Production	632,037 Mcf	$709,170
Total			$968,684

405,750 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 32.1499, -95.0483. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14991, -95.04828 · 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

8,390 ft

1 wells filed one

Completion to plug

—

1 well filed both, dated out of order

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 8,390 ft.

Completions filed

Mar 2016

1 of 1 wells

Plug dates filed

Aug 1989

1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-42331207	1	8,390 ft	Mar 2016	Aug 1989	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 (174)

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

174 months


Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
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	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
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	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	13	54.69	10.59	$138
Oct 2005	0	27	58.34	13.80	$372
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	94	55.69	7.84	$737
Jun 2005	0	52	52.33	7.38	$384
May 2005	0	96	45.22	6.65	$639
Apr 2005	0	205	49.20	7.36	$1,509
Mar 2005	0	798	50.37	7.15	$5,710
Feb 2005	0	845	45.22	6.31	$5,334
Jan 2005	8	925	43.16	6.32	$6,193
Dec 2004	0	334	39.86	6.75	$2,255
Nov 2004	0	451	45.28	6.33	$2,855
Oct 2004	10	1,851	49.70	6.52	$12,556
Sep 2004	0	1,626	43.24	5.28	$8,592
Aug 2004	0	82	42.37	5.55	$455
Jul 2004	0	927	38.28	6.08	$5,640
Jun 2004	2	2,110	36.10	6.43	$13,646
May 2004	51	1,543	37.48	6.49	$11,933
Apr 2004	41	1,454	34.47	5.86	$9,931
Mar 2004	37	1,620	34.36	5.53	$10,230
Feb 2004	37	1,485	32.45	5.51	$9,382
Jan 2004	39	1,157	32.03	6.30	$8,538
Dec 2003	25	1,904	30.26	6.30	$12,755
Nov 2003	3	250	28.80	4.60	$1,235
Oct 2003	14	52	28.17	4.76	$642
Sep 2003	49	1,480	26.31	4.75	$8,318
Aug 2003	22	1,670	29.76	5.13	$9,221
Jul 2003	124	1,393	29.41	5.17	$10,850
Jun 2003	2	1,250	28.56	5.98	$7,536
May 2003	3	162	26.59	5.97	$1,047
Apr 2003	14	188	26.67	5.41	$1,390
Mar 2003	36	1,281	31.14	6.10	$8,930
Feb 2003	44	1,369	33.48	7.93	$12,324
Jan 2003	34	1,951	30.31	5.58	$11,921
Dec 2002	32	969	26.91	4.85	$5,564
Nov 2002	13	204	24.66	4.14	$1,165
Oct 2002	210	817	26.46	4.23	$9,012
Sep 2002	8	1,916	27.44	3.64	$7,185
Aug 2002	7	2,012	25.96	3.16	$6,548
Jul 2002	9	2,142	24.58	3.06	$6,780
Jun 2002	302	2,586	23.73	3.34	$15,799
May 2002	10	2,727	24.66	3.58	$10,020
Apr 2002	187	2,605	23.65	3.51	$13,572
Mar 2002	10	2,586	22.00	3.10	$8,244
Feb 2002	11	2,750	18.22	2.38	$6,734
Jan 2002	12	2,983	17.17	2.38	$7,293
Dec 2001	13	2,682	16.93	2.36	$6,561
Nov 2001	4	1,184	18.07	2.41	$2,920
Oct 2001	9	2,385	19.78	2.53	$6,209
Sep 2001	10	2,744	24.26	2.25	$6,420
Aug 2001	184	2,944	24.87	3.05	$13,565
Jul 2001	12	2,367	23.93	3.20	$7,855
Jun 2001	6	1,086	24.56	3.82	$4,300
May 2001	0	10	25.52	4.31	$43
Apr 2001	0	10	24.68	5.34	$53
Mar 2001	1	19	24.54	5.38	$127
Feb 2001	3	231	27.75	5.77	$1,415
Jan 2001	3	118	27.47	8.40	$1,073
Dec 2000	1	0	26.88	9.12	$27
Nov 2000	6	2,559	32.21	5.66	$14,672
Oct 2000	4	861	31.23	5.15	$4,555
Sep 2000	191	2,100	31.87	5.19	$16,979
Aug 2000	4	2,247	29.64	4.54	$10,322
Jul 2000	5	2,579	28.53	4.09	$10,690
Jun 2000	189	1,046	29.30	4.40	$10,137
May 2000	4	3,429	27.26	3.68	$12,727
Apr 2000	4	3,062	24.51	3.12	$9,639
Mar 2000	4	3,327	28.42	2.86	$9,628
Feb 2000	195	3,258	27.62	2.73	$14,269
Jan 2000	4	2,804	25.27	2.48	$7,056
Dec 1999	5	2,560	24.28	2.42	$6,326
Nov 1999	4	2,271	23.19	2.43	$5,620
Oct 1999	2	1,248	20.98	2.80	$3,541
Sep 1999	1	1,315	21.75	2.62	$3,466
Aug 1999	359	1,839	19.26	2.88	$12,203
Jul 1999	7	3,101	17.89	2.37	$7,482
Jun 1999	8	3,752	15.94	2.36	$8,990
May 1999	7	3,758	15.79	2.32	$8,833
Apr 1999	199	4,204	15.10	2.21	$12,288
Mar 1999	6	3,308	12.47	1.84	$6,156
Feb 1999	6	4,011	9.98	1.82	$7,351
Jan 1999	5	4,159	10.38	1.90	$7,954
Dec 1998	4	2,867	9.20	1.77	$5,121
Nov 1998	5	4,050	10.89	2.19	$8,907
Oct 1998	184	2,952	12.42	1.97	$8,098
Sep 1998	4	3,762	12.59	2.08	$7,885
Aug 1998	7	3,472	11.30	1.91	$6,701
Jul 1998	7	3,511	11.74	2.24	$7,937
Jun 1998	361	2,905	11.24	2.24	$10,557
May 1998	7	3,939	12.62	2.21	$8,779
Apr 1998	7	3,888	13.04	2.51	$9,832
Mar 1998	193	3,583	12.80	2.31	$10,745
Feb 1998	7	3,430	13.95	2.30	$7,984
Jan 1998	6	4,724	14.70	2.15	$10,267
Dec 1997	6	4,206	16.32	2.41	$10,239
Nov 1997	8	3,714	18.19	3.09	$11,615
Oct 1997	8	4,338	19.25	3.15	$13,818
Sep 1997	195	4,045	17.74	2.95	$15,412
Aug 1997	8	3,748	17.86	2.55	$9,718
Jul 1997	6	4,445	17.58	2.25	$10,093
Jun 1997	5	3,763	17.24	2.26	$8,580
May 1997	331	4,217	18.97	2.31	$16,014
Apr 1997	7	4,861	17.88	2.08	$10,250
Mar 1997	6	4,332	18.95	1.94	$8,514
Feb 1997	6	3,896	20.49	2.21	$8,717
Jan 1997	197	4,119	23.48	3.54	$19,206
Dec 1996	199	3,967	23.32	—	$4,641
Nov 1996	201	3,844	21.97	—	$4,416
Oct 1996	7	4,485	23.31	—	$163
Sep 1996	7	4,078	22.22	—	$156
Aug 1996	7	5,415	20.26	—	$142
Jul 1996	356	5,661	19.55	—	$6,960
Jun 1996	8	6,658	18.73	—	$150
May 1996	11	7,387	19.43	—	$214
Apr 1996	197	7,235	21.51	—	$4,237
Mar 1996	195	6,336	19.38	—	$3,779
Feb 1996	204	2,942	16.98	—	$3,464
Jan 1996	3	42	17.07	—	$51
Dec 1995	2	525	17.19	—	$34
Nov 1995	2	778	16.00	—	$32
Oct 1995	5	5,379	15.43	—	$77
Sep 1995	6	6,173	16.18	—	$97
Aug 1995	6	3,694	15.92	—	$96
Jul 1995	190	1,101	15.24	—	$2,896
Jun 1995	5	4,129	16.41	—	$82
May 1995	0	6,501	17.56	—	$0
Apr 1995	190	3,714	17.73	—	$3,369
Mar 1995	193	5,926	16.44	—	$3,173
Feb 1995	0	3,001	16.58	—	$0
Jan 1995	195	7,076	15.92	—	$3,104
Dec 1994	0	5,511	15.03	—	$0
Nov 1994	350	6,208	15.90	—	$5,565
Oct 1994	0	8,952	15.58	—	$0
Sep 1994	349	8,279	15.29	—	$5,336
Aug 1994	0	8,740	16.13	—	$0
Jul 1994	208	5,544	17.56	—	$3,652
Jun 1994	320	2,091	17.09	—	$5,469
May 1994	0	7,710	15.88	—	$0
Apr 1994	569	8,752	14.14	—	$8,046
Mar 1994	0	7,279	12.46	—	$0
Feb 1994	0	2,071	12.50	—	$0
Jan 1994	0	1,704	12.66	—	$0
Dec 1993	357	4,233	12.33	—	$4,402
Nov 1993	357	11,793	14.49	—	$5,173
Oct 1993	0	16,418	15.85	—	$0
Sep 1993	358	19,888	15.03	—	$5,381
Aug 1993	391	21,026	15.66	—	$6,123
Jul 1993	699	23,973	15.46	—	$10,807
Jun 1993	353	21,365	16.79	—	$5,927
May 1993	355	21,448	17.68	—	$6,276
Apr 1993	706	21,182	18.05	—	$12,743
Mar 1993	710	21,553	18.14	—	$12,879
Feb 1993	358	20,537	17.90	—	$6,408
Jan 1993	922	23,446	16.93	—	$15,609

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.

Nov 2005 — as filed, then multipliedworked

Condensate             0 bbl  × $ 54.69 =         $0
Gas                   13 Mcf  × $ 10.59 =       $138

────────────────────────────────────────────────────
Month total                                     $138

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/142226 is the state's own key, not one this site invented.