ALFORD ENTERPRISES

Operated by PRINCESS THREE OPERATING, LLC (P-5 677993) in the MINDEN (TRAVIS PEAK CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 16155District 06Field 61792380NGPA filingCondensateGasSaveExport
Value, all time
$536 k
Jan 1993 – Feb 2010
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
206
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 304 leases and 325 wells, and the rule below applies to all of them.

Discovered
2006-03-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-11-12.

The Commission's schedule remark for this field reads: EFF. 11-12-08. ALLOCATION FORMULA REMAINS SUSPENDED.

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
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
CondensateDisposition4,605 bbl$187,787
GasProduction59,751 Mcf$347,866
Total$535,654

1,627 Mcf of this lease's gas, across 9 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 32.1306, -94.8051. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.13058, -94.80512 · 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
7,465 ft
1 wells filed one
Completion to plug
47.8 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 7,465 ft.

Completions filed
Apr 1962
1 of 1 wells
Plug dates filed
Feb 2010
1 of 1 wells

Last completion to plug: a median of 47.8 years across the 1 well that filed both dates, with the middle half between 47.8 years and 47.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-401004721 C7,465 ftApr 1962Feb 2010Yes

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 (206)

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

206 months

Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009012272.544.11$501
Sep 20090065.543.06$0
Aug 200903867.423.22$122
Jul 200903561.133.46$121
Jun 2009014366.163.90$557
May 2009013154.743.93$514
Apr 2009025046.773.59$897
Mar 2009059442.144.06$2,411
Feb 2009024132.814.63$1,117
Jan 2009027735.865.37$1,488
Dec 2008032737.105.98$1,955
Nov 200817843255.496.86$12,841
Oct 2008044675.246.92$3,087
Sep 20080196101.767.88$1,544
Aug 20080344114.228.48$2,918
Jul 20080394131.0811.39$4,487
Jun 20080537131.3313.03$6,999
May 2008165620123.1711.57$27,499
Apr 20080343110.3110.45$3,586
Mar 20080455101.909.66$4,397
Feb 2008033792.538.77$2,956
Jan 200816843790.388.21$18,770
Dec 2007040488.337.30$2,950
Nov 2007043891.677.29$3,194
Oct 2007034782.856.92$2,402
Sep 2007036975.846.24$2,304
Aug 2007043969.066.39$2,804
Jul 200716749770.906.39$15,015
Jun 2007044162.007.55$3,329
May 2007058758.747.85$4,606
Apr 2007046359.617.81$3,614
Mar 200717923856.927.30$11,927
Feb 2007020655.108.22$1,693
Jan 2007033650.306.73$2,260
Dec 2006040256.656.92$2,781
Nov 2006045254.207.62$3,443
Oct 2006053254.906.01$3,199
Sep 200616753460.085.04$12,723
Aug 2006059268.717.34$4,345
Jul 2006074869.376.34$4,744
Jun 2006026766.286.38$1,705
May 2006043866.016.42$2,814
Apr 2006043564.397.36$3,202
Mar 200616460256.707.08$13,563
Feb 2006047157.597.75$3,651
Jan 2006059060.598.93$5,271
Dec 2005049154.9413.42$6,587
Nov 200517352954.6910.59$15,063
Oct 2005047358.3413.80$6,525
Sep 2005048761.4512.08$5,882
Aug 2005055161.519.80$5,398
Jul 2005062555.697.84$4,902
Jun 200517764652.337.38$14,031
May 2005049945.226.65$3,319
Apr 2005029049.207.36$2,135
Mar 2005036850.377.15$2,633
Feb 2005040845.226.31$2,575
Jan 2005049843.166.32$3,148
Dec 200417046339.866.75$9,902
Nov 2004032045.286.33$2,026
Oct 2004048549.706.52$3,160
Sep 2004053743.245.28$2,837
Aug 2004057542.375.55$3,192
Jul 200416953738.286.08$9,737
Jun 2004043036.106.43$2,766
May 2004037337.486.49$2,422
Apr 2004039634.475.86$2,320
Mar 2004061834.365.53$3,418
Feb 200416437432.455.51$7,382
Jan 2004043532.036.30$2,740
Dec 2003058030.266.30$3,655
Nov 200317147228.804.60$7,094
Oct 2003052028.174.76$2,475
Sep 2003059726.314.75$2,835
Aug 2003066729.765.13$3,422
Jul 2003072729.415.17$3,759
Jun 2003067828.565.98$4,056
May 200315056426.595.97$7,357
Apr 2003066926.675.41$3,617
Mar 2003068031.146.10$4,145
Feb 200317079633.487.93$12,001
Jan 2003069930.315.58$3,902
Dec 2002073726.914.85$3,577
Nov 200216972224.664.14$7,154
Oct 2002065326.464.23$2,762
Sep 2002072627.443.64$2,639
Aug 2002064225.963.16$2,031
Jul 200215773524.583.06$6,109
Jun 2002076923.733.34$2,567
May 2002048624.663.58$1,742
Apr 2002019223.653.51$674
Mar 200217760022.003.10$5,756
Feb 2002060418.222.38$1,435
Jan 2002065817.172.38$1,563
Dec 2001066316.932.36$1,568
Nov 200116771518.072.41$4,738
Oct 2001082019.782.53$2,074
Sep 2001081724.262.25$1,839
Aug 2001060524.873.05$1,847
Jul 2001051723.933.20$1,653
Jun 200116465424.563.82$6,529
May 200101,37925.524.31$5,940
Apr 2001081124.685.34$4,327
Mar 2001099424.545.38$5,344
Feb 200117592027.755.77$10,162
Jan 2001061627.478.40$5,174
Dec 200017940626.889.12$8,515
Nov 2000038832.215.66$2,195
Oct 2000040731.235.15$2,094
Sep 200017554331.875.19$8,394
Aug 2000077229.644.54$3,505
Jul 200017770228.534.09$7,921
Jun 2000066929.304.40$2,942
May 200017661827.263.68$7,072
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 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
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 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19966017.07$102
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 1995054417.56$0
Apr 19956026317.73$1,064
Mar 1995040816.44$0
Feb 199509016.58$0
Jan 199540015.92$637
Dec 19940115.03$0
Nov 199432015.90$509
Oct 19941510015.58$234
Sep 199403515.29$0
Aug 199404016.13$0
Jul 1994014617.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 1994204012.46$2,542
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 72.54 =         $0
Gas                  122 Mcf  × $  4.11 =       $501

────────────────────────────────────────────────────
Month total                                     $501

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/16155 is the state's own key, not one this site invented.