TEXAS CO., THE

Operated by CLASSIC OPERATING CO. LLC (P-5 158288) in the JOAQUIN (JETER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 16211District 06Field 46597500NGPA filingCondensateGasSaveExport
Value, all time
$3.4 M
Jan 1993 – Jul 2014
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
259
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 39 leases and 39 wells, and the rule below applies to all of them.

Discovered
1937-09-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFF. 8-1-93

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
NGPA2none

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
CondensateDisposition17,645 bbl$539,801
GasProduction931,591 Mcf$2,869,277
Total$3,409,078

319,445 Mcf of this lease's gas, across 48 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 31.9685, -94.0112. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.96851, -94.01122 · 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
4,958 ft
1 wells filed one
Completion to plug
72.6 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 4,958 ft.

Completions filed
Dec 1941
1 of 1 wells
Plug dates filed
Jul 2014
1 of 1 wells

Last completion to plug: a median of 72.6 years across the 1 well that filed both dates, with the middle half between 72.6 years and 72.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4190006914,958 ftDec 1941Jul 2014Yes

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 (259)

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

259 months

Jul 20140096.564.18$0
Jun 201449098.164.74$4,810
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110886.504.59$37
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010013174.365.96$781
Dec 2009011371.445.48$620
Nov 20090574.593.75$19
Oct 20090872.544.11$33
Sep 20090365.543.06$9
Aug 2009956367.423.22$6,608
Jul 200903761.133.46$128
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090842.144.06$32
Feb 20090632.814.63$28
Jan 20090235.865.37$11
Dec 200801937.105.98$114
Nov 20080155.496.86$7
Oct 20080175.246.92$7
Sep 2008175315101.767.88$20,289
Aug 200802,325114.228.48$19,723
Jul 20081462,938131.0811.39$52,600
Jun 20081553,283131.3313.03$63,142
May 200804,183123.1711.57$48,415
Apr 200803,497110.3110.45$36,561
Mar 20081693,593101.909.66$51,944
Feb 200803,09592.538.77$27,145
Jan 20081632,42290.388.21$34,606
Dec 200704,01488.337.30$29,310
Nov 200703,42091.677.29$24,938
Oct 20071784,16682.856.92$43,584
Sep 20071623,02575.846.24$31,175
Aug 200703,11069.066.39$19,866
Jul 200703,90670.906.39$24,951
Jun 20071642,99662.007.55$32,783
May 200703,96158.747.85$31,079
Apr 200703,92459.617.81$30,628
Mar 20071623,83956.927.30$37,253
Feb 200703,27355.108.22$26,891
Jan 20071371,93450.306.73$19,901
Dec 20061262,90356.656.92$27,222
Nov 200602,55654.207.62$19,470
Oct 20061554,35654.906.01$34,706
Sep 20061594,14660.085.04$30,437
Aug 200604,51268.717.34$33,118
Jul 200604,40969.376.34$27,965
Jun 20061684,47466.286.38$39,697
May 200603,38466.016.42$21,742
Apr 200602,31864.397.36$17,062
Mar 20061622,53456.707.08$27,134
Feb 200601,95957.597.75$15,184
Jan 200602,92960.598.93$26,166
Dec 200503,42354.9413.42$45,921
Nov 20051763,96654.6910.59$51,619
Oct 200504,29158.3413.80$59,198
Sep 20051714,50261.4512.08$64,888
Aug 20051705,53861.519.80$64,712
Jul 200504,92355.697.84$38,614
Jun 20051673,69752.337.38$36,027
May 200503,49645.226.65$23,252
Apr 20051662,96349.207.36$29,976
Mar 2005043650.377.15$3,120
Feb 2005090545.226.31$5,712
Jan 20051601,71543.166.32$17,748
Dec 200401,60039.866.75$10,802
Nov 20041771,57845.286.33$18,004
Oct 200401,37449.706.52$8,952
Sep 200401,30643.245.28$6,901
Aug 2004099042.375.55$5,495
Jul 200402,14138.286.08$13,026
Jun 20041472,96936.106.43$24,406
May 200404,93337.486.49$32,038
Apr 20041614,61534.475.86$32,586
Mar 200405,25434.365.53$29,055
Feb 20041755,03932.455.51$33,442
Jan 200414,78832.036.30$30,195
Dec 200305,25230.266.30$33,096
Nov 20031604,87528.804.60$27,009
Oct 200304,94928.174.76$23,555
Sep 200304,57326.314.75$21,719
Aug 200305,16129.765.13$26,474
Jul 20031803,64029.415.17$24,116
Jun 200302,77828.565.98$16,621
May 20031603,25226.595.97$23,678
Apr 20031733,05426.675.41$21,128
Mar 200302,33631.146.10$14,240
Feb 200302,06233.487.93$16,343
Jan 20033421,30730.315.58$17,662
Dec 200202,08526.914.85$10,120
Nov 200201,62224.664.14$6,710
Oct 200205,00726.464.23$21,175
Sep 20021764,77527.443.64$22,188
Aug 200205,01725.963.16$15,875
Jul 20021764,56924.583.06$18,315
Jun 200205,06023.733.34$16,891
May 20021795,30624.663.58$23,431
Apr 200205,00923.653.51$17,593
Mar 20021815,29822.003.10$20,420
Feb 2002665,22618.222.38$13,618
Jan 200205,53417.172.38$13,147
Dec 20011735,42916.932.36$15,765
Nov 200103,65418.072.41$8,790
Oct 20011631,68419.782.53$7,483
Sep 200104,70124.262.25$10,583
Aug 20011545,02824.873.05$19,181
Jul 200104,00523.933.20$12,804
Jun 20011545,21624.563.82$23,729
May 200104,08825.524.31$17,608
Apr 20011683,08824.685.34$20,622
Mar 20011645,56724.545.38$33,955
Feb 200104,16227.755.77$24,003
Jan 20011604,40327.478.40$41,375
Dec 200005,12326.889.12$46,735
Nov 20001735,50332.215.66$36,708
Oct 200006,23931.235.15$32,103
Sep 20001676,49131.875.19$38,988
Aug 200005,11929.644.54$23,244
Jul 20001766,42128.534.09$31,282
Jun 200006,05129.304.40$26,608
May 20001744,65127.263.68$21,858
Apr 200005,59924.513.12$17,446
Mar 20001675,81428.422.86$21,373
Feb 200005,30527.622.73$14,464
Jan 20001756,69625.272.48$21,032
Dec 19991737,17724.282.42$21,595
Nov 199906,49023.192.43$15,797
Oct 19991627,02620.982.80$23,098
Sep 199906,20321.752.62$16,245
Aug 19991746,81219.262.88$22,940
Jul 19991727,15017.892.37$20,040
Jun 199906,39115.942.36$15,096
May 19991676,94215.792.32$18,749
Apr 199904,37815.102.21$9,667
Mar 19992405,50512.471.84$13,113
Feb 1999585,0179.981.82$9,699
Jan 199905,12510.381.90$9,737
Dec 19981725,8469.201.77$11,949
Nov 199805,78510.892.19$12,644
Oct 19981795,97312.421.97$13,985
Sep 19981605,85712.592.08$14,212
Aug 199805,91311.301.91$11,278
Jul 19981565,64811.742.24$14,468
Jun 19981735,58811.242.24$14,446
May 199805,71512.622.21$12,609
Apr 199805,54613.042.51$13,895
Mar 19981665,75212.802.31$15,409
Feb 19981765,42413.952.30$14,926
Jan 19981746,11914.702.15$15,743
Dec 199706,27116.322.41$15,120
Nov 19971716,07718.193.09$21,878
Oct 199705,16119.253.15$16,256
Sep 1997845,72917.742.95$18,419
Aug 19971675,10417.862.55$16,022
Jul 19971584,57217.582.25$13,051
Jun 1997405,11817.242.26$12,242
May 19971614,45218.972.31$13,332
Apr 199705,31717.882.08$11,074
Mar 19971767,31618.951.94$17,522
Feb 199706,57620.492.21$14,506
Jan 19971684,74123.483.54$20,726
Dec 19961116,70623.32$2,589
Nov 1996676,13121.97$1,472
Oct 19961606,04023.31$3,730
Sep 19961615,51522.22$3,577
Aug 199605,58120.26$0
Jul 199605,14619.55$0
Jun 19961235,98718.73$2,304
May 19962096,04919.43$4,061
Apr 19961246,44921.51$2,667
Mar 19962375,74619.38$4,593
Feb 199604,44716.98$0
Jan 19961215,77517.07$2,065
Dec 19951115,68717.19$1,908
Nov 19951235,60416.00$1,968
Oct 19951116,12115.43$1,713
Sep 19951156,17316.18$1,861
Aug 19951266,06315.92$2,006
Jul 19951215,87215.24$1,844
Jun 19951155,76216.41$1,887
May 19951236,31217.56$2,160
Apr 19951286,21717.73$2,269
Mar 19951235,95116.44$2,022
Feb 19951145,21616.58$1,890
Jan 19951895,73815.92$3,009
Dec 19941185,38415.03$1,774
Nov 19941166,14415.90$1,844
Oct 19941116,07315.58$1,729
Sep 19941166,10015.29$1,774
Aug 19942096,36916.13$3,371
Jul 1994986,74717.56$1,721
Jun 19941196,96317.09$2,034
May 1994556,79715.88$873
Apr 19941237,13414.14$1,739
Mar 19941197,42112.46$1,483
Feb 1994877,30812.50$1,088
Jan 19942138,34012.66$2,697
Dec 19931178,14912.33$1,443
Nov 19931157,43514.49$1,666
Oct 19931057,49815.85$1,664
Sep 19932167,65615.03$3,246
Aug 19931158,07715.66$1,801
Jul 19931127,96015.46$1,732
Jun 19931178,16416.79$1,964
May 19931158,08917.68$2,033
Apr 19932048,47218.05$3,682
Mar 19931139,01118.14$2,050
Feb 19931158,88317.90$2,059
Jan 19931218,98316.93$2,049

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 2014 — as filed, then multipliedworked
Condensate            49 bbl  × $ 98.16 =     $4,810
Gas                    0 Mcf  × $  4.74 =         $0

────────────────────────────────────────────────────
Month total                                   $4,810

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/16211 is the state's own key, not one this site invented.