WORTHAM, V.C. ETAL GAS UNIT

Operated by TEXACO E & P INC. (P-5 844118) in the CAYUGA (TRAVIS PEAK 9400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 161759District 06Field 164814182 tax incentive programmesCondensateGasSaveExport
Value, all time
$897 k
Aug 1996 – Jul 1998
Value, last 12 filed months
$440 k
at the published price for each month
Months reported
24
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1996-09-14
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 1997-01-31.

The Commission's schedule remark for this field reads: PER DOCKET #06-0217480.

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 Gas112002-07-03148306
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
CondensateDisposition107 bbl$1,716
GasProduction403,253 Mcf$895,317
Total$897,032

49,527 Mcf of this lease's gas, across 1 month, 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 31.9653, -95.9906. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.96533, -95.99057 · 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
0.0%
0 of 1 wells
Median depth
9,987 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 9,987 ft.

Completions filed
Jan 2000
1 of 1 wells

1 well

42-001322403 F9,987 ftJan 2000Yes

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 (24)

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

24 months

Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998296,53312.802.31$15,459
Feb 1998220,05213.952.30$46,130
Jan 1998422,39014.702.15$48,305
Dec 19971822,01716.322.41$53,379
Nov 1997721,09018.193.09$65,259
Oct 1997423,63619.253.15$74,526
Sep 19971223,58417.742.95$69,901
Aug 1997726,14517.862.55$66,919
Jul 19972428,73617.582.25$64,990
Jun 1997028,83017.242.26$65,075
May 1997028,53618.972.31$65,875
Apr 1997019,88417.882.08$41,414
Mar 1997023,99818.951.94$46,535
Feb 1997024,80220.492.21$54,711
Jan 1997033,49323.483.54$118,555
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 1996049,52720.26$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.

Mar 1998 — as filed, then multipliedworked
Condensate            29 bbl  × $ 12.80 =       $371
Gas                6,533 Mcf  × $  2.31 =    $15,088

────────────────────────────────────────────────────
Month total                                  $15,459

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/161759 is the state's own key, not one this site invented.