MOORE, LLOYD GAS UNIT

Operated by RME PETROLEUM COMPANY (P-5 714229) 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 142464District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$97 k
Jan 1993 – May 2002
Value, last 12 filed months
$0
at the published price for each month
Months reported
113
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111993-06-01126148
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
CondensateDisposition5,037 bbl$87,197
GasProduction214,758 Mcf$9,456
Total$96,654

211,460 Mcf of this lease's gas, across 46 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 32.1127, -94.2599. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.11270, -94.25988 · 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
9,740 ft
1 wells filed one
Completion to plug
3.4 years
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 9,740 ft.

Completions filed
May 2002
1 of 1 wells
Plug dates filed
Oct 2005
1 of 1 wells

Last completion to plug: a median of 3.4 years across the 1 well that filed both dates, with the middle half between 3.4 years and 3.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-365326245-T9,740 ftMay 2002Oct 2005Yes

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 (113)

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

113 months

May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980914.702.15$19
Dec 19970016.322.41$0
Nov 199702318.193.09$71
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19972018.972.31$38
Apr 1997191017.882.08$361
Mar 19974727818.951.94$1,430
Feb 19972781,30120.492.21$8,566
Jan 19972101,67723.483.54$10,867
Dec 19961581,10523.32$3,685
Nov 19969876321.97$2,153
Oct 19963923423.31$909
Sep 199685022.22$178
Aug 19960020.26$0
Jul 19965019.55$98
Jun 1996431,24418.73$805
May 19963876819.43$738
Apr 19965577021.51$1,183
Mar 19967791119.38$1,492
Feb 19961071,35216.98$1,817
Jan 19962795817.07$461
Dec 1995371,78017.19$636
Nov 199515876016.00$2,528
Oct 1995778515.43$108
Sep 1995675816.18$97
Aug 1995876815.92$127
Jul 1995141,43815.24$213
Jun 1995121,76516.41$197
May 1995151,02517.56$263
Apr 1995591,91317.73$1,046
Mar 1995573,86316.44$937
Feb 1995403,99916.58$663
Jan 1995595,11115.92$939
Dec 1994625,28615.03$932
Nov 1994485,51015.90$763
Oct 1994396,08215.58$608
Sep 1994526,70715.29$795
Aug 1994676,72416.13$1,081
Jul 1994706,63817.56$1,229
Jun 1994736,62917.09$1,248
May 1994637,18815.88$1,000
Apr 1994524,28514.14$735
Mar 1994915,42212.46$1,134
Feb 1994675,05312.50$838
Jan 1994832,33512.66$1,051
Dec 19931135,08712.33$1,393
Nov 1993954,23114.49$1,377
Oct 19932026,35515.85$3,202
Sep 19932428,18415.03$3,637
Aug 19933268,12815.66$5,105
Jul 19932478,15715.46$3,819
Jun 19931068,66816.79$1,780
May 19931239,19717.68$2,175
Apr 199325313,55918.05$4,567
Mar 199332214,29718.14$5,841
Feb 199328111,80917.90$5,030
Jan 199327713,80916.93$4,690

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 1998 — as filed, then multipliedworked
Condensate             0 bbl  × $ 14.70 =         $0
Gas                    9 Mcf  × $  2.15 =        $19

────────────────────────────────────────────────────
Month total                                      $19

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/142464 is the state's own key, not one this site invented.