JORDAN, BELVIA HEIRS

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

Operated by FORTSON OIL COMPANY (P-5 278563) in the GUM SPRINGS (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 144957District 06Field 37470500CondensateGasSave Export

Value, all time

$362 k

Mar 1993 – Sep 1998

Value, last 12 filed months

$49 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The GUM SPRINGS (WOODBINE) 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 7 leases and 9 wells, and the rule below applies to all of them.

Discovered

1953-08-10

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: “PER JIM MELEAR 4-26-93.”

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	13,354 bbl	$228,590
Gas	Production	558,656 Mcf	$133,231
Total			$361,821

503,577 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 32.0563, -94.9345. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05633, -94.93451 · 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

3,860 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 3,860 ft.

Completions filed

Aug 1992

1 of 1 wells

1 well


42-40132384	1	3,860 ft	Aug 1992	—	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 (67)

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

67 months


Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	49	0	11.24	2.24	$551
May 1998	354	1,427	12.62	2.21	$7,616
Apr 1998	187	1,592	13.04	2.51	$6,427
Mar 1998	0	44	12.80	2.31	$102
Feb 1998	0	35	13.95	2.30	$80
Jan 1998	364	879	14.70	2.15	$7,245
Dec 1997	181	2,561	16.32	2.41	$9,129
Nov 1997	2	933	18.19	3.09	$2,918
Oct 1997	346	2,535	19.25	3.15	$14,645
Sep 1997	173	2,561	17.74	2.95	$10,636
Aug 1997	170	2,372	17.86	2.55	$9,096
Jul 1997	177	4,900	17.58	2.25	$14,122
Jun 1997	356	6,592	17.24	2.26	$21,017
May 1997	346	6,885	18.97	2.31	$22,458
Apr 1997	168	6,329	17.88	2.08	$16,186
Mar 1997	331	4,855	18.95	1.94	$15,687
Feb 1997	176	6,355	20.49	2.21	$17,625
Jan 1997	343	4,224	23.48	3.54	$23,005
Dec 1996	353	3,932	23.32	—	$8,232
Nov 1996	4	4,930	21.97	—	$88
Oct 1996	510	6,429	23.31	—	$11,888
Sep 1996	3	4,121	22.22	—	$67
Aug 1996	173	7,262	20.26	—	$3,505
Jul 1996	0	5,550	19.55	—	$0
Jun 1996	156	2,760	18.73	—	$2,922
May 1996	176	8,575	19.43	—	$3,420
Apr 1996	356	10,094	21.51	—	$7,658
Mar 1996	194	10,815	19.38	—	$3,760
Feb 1996	342	10,777	16.98	—	$5,807
Jan 1996	332	13,996	17.07	—	$5,667
Dec 1995	0	8,981	17.19	—	$0
Nov 1995	167	4,250	16.00	—	$2,672
Oct 1995	174	7,590	15.43	—	$2,685
Sep 1995	334	9,399	16.18	—	$5,404
Aug 1995	171	7,612	15.92	—	$2,722
Jul 1995	344	12,653	15.24	—	$5,243
Jun 1995	361	13,350	16.41	—	$5,924
May 1995	354	9,782	17.56	—	$6,216
Apr 1995	169	8,784	17.73	—	$2,996
Mar 1995	178	9,738	16.44	—	$2,926
Feb 1995	174	9,484	16.58	—	$2,885
Jan 1995	335	10,647	15.92	—	$5,333
Dec 1994	337	10,860	15.03	—	$5,065
Nov 1994	163	11,162	15.90	—	$2,592
Oct 1994	330	13,883	15.58	—	$5,141
Sep 1994	167	13,838	15.29	—	$2,553
Aug 1994	343	16,059	16.13	—	$5,533
Jul 1994	172	16,763	17.56	—	$3,020
Jun 1994	342	17,438	17.09	—	$5,845
May 1994	180	17,187	15.88	—	$2,858
Apr 1994	339	18,198	14.14	—	$4,793
Mar 1994	183	19,100	12.46	—	$2,280
Feb 1994	169	12,448	12.50	—	$2,113
Jan 1994	175	14,270	12.66	—	$2,216
Dec 1993	169	9,521	12.33	—	$2,084
Nov 1993	166	14,890	14.49	—	$2,405
Oct 1993	173	15,567	15.85	—	$2,742
Sep 1993	172	14,619	15.03	—	$2,585
Aug 1993	172	13,450	15.66	—	$2,694
Jul 1993	172	11,116	15.46	—	$2,659
Jun 1993	146	7,015	16.79	—	$2,451
May 1993	0	13,128	17.68	—	$0
Apr 1993	201	14,132	18.05	—	$3,628
Mar 1993	0	7,422	18.14	—	$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.

Jun 1998 — as filed, then multipliedworked

Condensate            49 bbl  × $ 11.24 =       $551
Gas                    0 Mcf  × $  2.24 =         $0

────────────────────────────────────────────────────
Month total                                     $551

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/144957 is the state's own key, not one this site invented.