FREE, J.W. GAS UNIT

Name: FREE, J.W. GAS UNIT lease production and value, Sep 1996 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 160641District 06Field 969691502 tax incentive programmesCondensateGasSave Export

Value, all time

$2.8 M

Sep 1996 – Dec 2013

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

208

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	1997-01-15	135358
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	90 bbl	$5,487
Gas	Production	951,774 Mcf	$2,833,149
Total			$2,838,636

145,883 Mcf of this lease's gas, across 4 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 32.5891, -94.8434. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.58906, -94.84335 · 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

11,700 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 11,700 ft.

Completions filed

Dec 2013

1 of 1 wells

1 well


42-45930873	3	11,700 ft	Dec 2013	—	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 (208)

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

208 months


Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	134	97.42	3.78	$506
Sep 2013	0	115	104.11	3.72	$428
Aug 2013	0	106	104.25	3.52	$373
Jul 2013	0	105	102.52	3.72	$390
Jun 2013	0	158	94.40	3.93	$621
May 2013	0	125	94.83	4.15	$519
Apr 2013	0	131	93.96	4.28	$561
Mar 2013	0	137	93.62	3.91	$536
Feb 2013	0	108	91.23	3.42	$369
Jan 2013	0	128	91.60	3.42	$438
Dec 2012	0	137	86.77	3.42	$469
Nov 2012	0	128	86.95	3.62	$464
Oct 2012	0	157	89.38	3.40	$534
Sep 2012	0	125	94.67	2.92	$365
Aug 2012	0	105	92.66	2.91	$305
Jul 2012	0	88	85.13	3.02	$266
Jun 2012	0	50	79.82	2.52	$126
May 2012	0	102	91.61	2.49	$254
Apr 2012	0	13	101.65	2.00	$26
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	84	101.10	2.57	$216
Jan 2012	0	120	98.09	2.73	$328
Dec 2011	0	145	96.87	3.24	$470
Nov 2011	0	139	95.72	3.31	$460
Oct 2011	0	103	84.98	3.65	$376
Sep 2011	0	94	83.62	3.99	$375
Aug 2011	0	75	83.40	4.15	$311
Jul 2011	0	82	94.14	4.52	$370
Jun 2011	0	64	92.90	4.64	$297
May 2011	0	95	98.13	4.40	$418
Apr 2011	0	103	105.96	4.33	$446
Mar 2011	0	3	96.36	4.06	$12
Feb 2011	0	11	85.64	4.18	$46
Jan 2011	0	67	86.50	4.59	$307
Dec 2010	0	62	85.73	4.35	$270
Nov 2010	0	56	80.84	3.80	$213
Oct 2010	0	95	78.10	3.51	$333
Sep 2010	0	179	72.63	3.98	$712
Aug 2010	0	170	73.68	4.42	$751
Jul 2010	0	215	72.55	4.74	$1,018
Jun 2010	0	231	70.36	4.91	$1,134
May 2010	0	231	71.12	4.24	$978
Apr 2010	0	192	81.69	4.12	$792
Mar 2010	0	284	78.39	4.39	$1,246
Feb 2010	0	246	73.58	5.44	$1,339
Jan 2010	0	313	74.36	5.96	$1,867
Dec 2009	0	319	71.44	5.48	$1,749
Nov 2009	0	180	74.59	3.75	$675
Oct 2009	2	285	72.54	4.11	$1,317
Sep 2009	4	193	65.54	3.06	$854
Aug 2009	4	156	67.42	3.22	$772
Jul 2009	4	146	61.13	3.46	$750
Jun 2009	5	146	66.16	3.90	$899
May 2009	7	175	54.74	3.93	$1,070
Apr 2009	10	289	46.77	3.59	$1,504
Mar 2009	8	245	42.14	4.06	$1,332
Feb 2009	9	230	32.81	4.63	$1,361
Jan 2009	10	207	35.86	5.37	$1,470
Dec 2008	4	136	37.10	5.98	$961
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	1	49	123.17	11.57	$690
Apr 2008	2	0	110.31	10.45	$221
Mar 2008	7	318	101.90	9.66	$3,786
Feb 2008	6	470	92.53	8.77	$4,677
Jan 2008	7	559	90.38	8.21	$5,220
Dec 2007	0	343	88.33	7.30	$2,505
Nov 2007	0	433	91.67	7.29	$3,157
Oct 2007	0	580	82.85	6.92	$4,015
Sep 2007	0	310	75.84	6.24	$1,936
Aug 2007	0	281	69.06	6.39	$1,795
Jul 2007	0	115	70.90	6.39	$735
Jun 2007	0	886	62.00	7.55	$6,688
May 2007	0	2,642	58.74	7.85	$20,730
Apr 2007	0	2,391	59.61	7.81	$18,662
Mar 2007	0	3,168	56.92	7.30	$23,133
Feb 2007	0	2,905	55.10	8.22	$23,867
Jan 2007	0	3,387	50.30	6.73	$22,784
Dec 2006	0	2,326	56.65	6.92	$16,092
Nov 2006	0	2,317	54.20	7.62	$17,650
Oct 2006	0	2,714	54.90	6.01	$16,321
Sep 2006	0	2,239	60.08	5.04	$11,278
Aug 2006	0	4,482	68.71	7.34	$32,898
Jul 2006	0	2,646	69.37	6.34	$16,783
Jun 2006	0	331	66.28	6.38	$2,113
May 2006	0	312	66.01	6.42	$2,005
Apr 2006	0	214	64.39	7.36	$1,575
Mar 2006	0	468	56.70	7.08	$3,315
Feb 2006	0	439	57.59	7.75	$3,403
Jan 2006	0	2,046	60.59	8.93	$18,278
Dec 2005	0	4,357	54.94	13.42	$58,451
Nov 2005	0	4,662	54.69	10.59	$49,363
Oct 2005	0	2,129	58.34	13.80	$29,371
Sep 2005	0	415	61.45	12.08	$5,013
Aug 2005	0	545	61.51	9.80	$5,339
Jul 2005	0	488	55.69	7.84	$3,828
Jun 2005	0	383	52.33	7.38	$2,827
May 2005	0	358	45.22	6.65	$2,381
Apr 2005	0	606	49.20	7.36	$4,460
Mar 2005	0	437	50.37	7.15	$3,127
Feb 2005	0	351	45.22	6.31	$2,215
Jan 2005	0	497	43.16	6.32	$3,142
Dec 2004	0	2,823	39.86	6.75	$19,058
Nov 2004	0	2,557	45.28	6.33	$16,187
Oct 2004	0	3,458	49.70	6.52	$22,529
Sep 2004	0	3,313	43.24	5.28	$17,506
Aug 2004	0	2,387	42.37	5.55	$13,249
Jul 2004	0	3,635	38.28	6.08	$22,116
Jun 2004	0	2,178	36.10	6.43	$14,011
May 2004	0	3,060	37.48	6.49	$19,873
Apr 2004	0	3,082	34.47	5.86	$18,056
Mar 2004	0	437	34.36	5.53	$2,417
Feb 2004	0	3,199	32.45	5.51	$17,625
Jan 2004	0	3,122	32.03	6.30	$19,667
Dec 2003	0	3,626	30.26	6.30	$22,850
Nov 2003	0	3,601	28.80	4.60	$16,547
Oct 2003	0	3,587	28.17	4.76	$17,073
Sep 2003	0	3,478	26.31	4.75	$16,518
Aug 2003	0	3,688	29.76	5.13	$18,918
Jul 2003	0	3,963	29.41	5.17	$20,492
Jun 2003	0	3,612	28.56	5.98	$21,610
May 2003	0	3,724	26.59	5.97	$22,242
Apr 2003	0	4,505	26.67	5.41	$24,360
Mar 2003	0	5,439	31.14	6.10	$33,156
Feb 2003	0	3,315	33.48	7.93	$26,274
Jan 2003	0	3,900	30.31	5.58	$21,770
Dec 2002	0	4,499	26.91	4.85	$21,837
Nov 2002	0	3,865	24.66	4.14	$15,989
Oct 2002	0	4,262	26.46	4.23	$18,025
Sep 2002	0	4,245	27.44	3.64	$15,431
Aug 2002	0	4,473	25.96	3.16	$14,153
Jul 2002	0	3,856	24.58	3.06	$11,806
Jun 2002	0	4,276	23.73	3.34	$14,274
May 2002	0	5,831	24.66	3.58	$20,898
Apr 2002	0	5,004	23.65	3.51	$17,576
Mar 2002	0	6,182	22.00	3.10	$19,181
Feb 2002	0	4,625	18.22	2.38	$10,988
Jan 2002	0	5,815	17.17	2.38	$13,815
Dec 2001	0	6,861	16.93	2.36	$16,222
Nov 2001	0	4,023	18.07	2.41	$9,677
Oct 2001	0	1,915	19.78	2.53	$4,843
Sep 2001	0	5,701	24.26	2.25	$12,835
Aug 2001	0	6,242	24.87	3.05	$19,058
Jul 2001	0	5,690	23.93	3.20	$18,191
Jun 2001	0	4,200	24.56	3.82	$16,061
May 2001	0	4,801	25.52	4.31	$20,679
Apr 2001	0	4,435	24.68	5.34	$23,662
Mar 2001	0	5,008	24.54	5.38	$26,925
Feb 2001	0	4,186	27.75	5.77	$24,141
Jan 2001	0	5,108	27.47	8.40	$42,901
Dec 2000	0	4,710	26.88	9.12	$42,967
Nov 2000	0	4,485	32.21	5.66	$25,376
Oct 2000	0	7,743	31.23	5.15	$39,842
Sep 2000	0	5,458	31.87	5.19	$28,308
Aug 2000	0	7,964	29.64	4.54	$36,163
Jul 2000	0	5,639	28.53	4.09	$23,062
Jun 2000	0	6,767	29.30	4.40	$29,756
May 2000	0	7,196	27.26	3.68	$26,479
Apr 2000	0	7,795	24.51	3.12	$24,289
Mar 2000	0	7,652	28.42	2.86	$21,883
Feb 2000	0	7,828	27.62	2.73	$21,343
Jan 2000	0	8,690	25.27	2.48	$21,556
Dec 1999	0	8,641	24.28	2.42	$20,943
Nov 1999	0	8,113	23.19	2.43	$19,747
Oct 1999	0	8,559	20.98	2.80	$23,997
Sep 1999	0	8,552	21.75	2.62	$22,396
Aug 1999	0	9,123	19.26	2.88	$26,234
Jul 1999	0	9,021	17.89	2.37	$21,401
Jun 1999	0	9,019	15.94	2.36	$21,304
May 1999	0	9,628	15.79	2.32	$22,347
Apr 1999	0	9,499	15.10	2.21	$20,974
Mar 1999	0	10,092	12.47	1.84	$18,552
Feb 1999	0	9,254	9.98	1.82	$16,822
Jan 1999	0	10,764	10.38	1.90	$20,451
Dec 1998	0	10,768	9.20	1.77	$19,095
Nov 1998	0	10,593	10.89	2.19	$23,153
Oct 1998	0	11,810	12.42	1.97	$23,256
Sep 1998	0	11,385	12.59	2.08	$23,711
Aug 1998	0	11,971	11.30	1.91	$22,833
Jul 1998	0	12,302	11.74	2.24	$27,523
Jun 1998	0	12,091	11.24	2.24	$27,051
May 1998	0	12,782	12.62	2.21	$28,201
Apr 1998	0	11,815	13.04	2.51	$29,600
Mar 1998	0	12,638	12.80	2.31	$29,187
Feb 1998	0	11,517	13.95	2.30	$26,479
Jan 1998	0	12,919	14.70	2.15	$27,838
Dec 1997	0	13,664	16.32	2.41	$32,945
Nov 1997	0	15,110	18.19	3.09	$46,664
Oct 1997	0	15,113	19.25	3.15	$47,603
Sep 1997	0	14,463	17.74	2.95	$42,736
Aug 1997	0	15,667	17.86	2.55	$40,025
Jul 1997	0	16,470	17.58	2.25	$37,007
Jun 1997	0	17,232	17.24	2.26	$38,896
May 1997	0	19,540	18.97	2.31	$45,108
Apr 1997	0	19,073	17.88	2.08	$39,725
Mar 1997	0	20,959	18.95	1.94	$40,642
Feb 1997	0	19,869	20.49	2.21	$43,829
Jan 1997	0	26,239	23.48	3.54	$92,878
Dec 1996	0	53,382	23.32	—	$0
Nov 1996	0	25,859	21.97	—	$0
Oct 1996	0	38,699	23.31	—	$0
Sep 1996	0	27,943	22.22	—	$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.

Oct 2013 — as filed, then multipliedworked

Condensate             0 bbl  × $ 97.42 =         $0
Gas                  134 Mcf  × $  3.78 =       $506

────────────────────────────────────────────────────
Month total                                     $506

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/160641 is the state's own key, not one this site invented.