TAYLOR, MADGE GAS UNIT

Operated by WILL-DRILL PRODUCTION CO., INC. (P-5 924290) in the NAVARRO CROSSING (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 167951District 06Field 64605426CondensateGasSaveExport
Value, all time
$225 k
Oct 1997 – Jul 2002
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
58
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1962-08-16
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 320 acres. The field rule took effect on 1998-02-10.

The Commission's schedule remark for this field reads: FIELD TYPE CHANGED TO ONE WELL FIELD EFF. 6-1-02.

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
CondensateDisposition1,589 bbl$25,053
GasProduction78,858 Mcf$199,510
Total$224,563

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 31.4690, -95.6974. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46897, -95.69737 · 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
10,699 ft
1 wells filed one
Completion to plug
4.6 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 10,699 ft.

Completions filed
Oct 1997
1 of 1 wells
Plug dates filed
May 2002
1 of 1 wells

Last completion to plug: a median of 4.6 years across the 1 well that filed both dates, with the middle half between 4.6 years and 4.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-22530930110,699 ftOct 1997May 2002Yes

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 (58)

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

58 months

Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 2002166024.663.58$4,094
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001033116.932.36$783
Nov 2001028718.072.41$690
Oct 2001023219.782.53$587
Sep 2001021324.262.25$480
Aug 2001024324.873.05$742
Jul 2001031823.933.20$1,017
Jun 2001010224.563.82$390
May 200103625.524.31$155
Apr 2001016024.685.34$854
Mar 2001020624.545.38$1,108
Feb 2001021527.755.77$1,240
Jan 2001040827.478.40$3,427
Dec 2000054026.889.12$4,926
Nov 2000033932.215.66$1,918
Oct 2000038331.235.15$1,971
Sep 2000044131.875.19$2,287
Aug 2000051829.644.54$2,352
Jul 2000063628.534.09$2,601
Jun 2000068529.304.40$3,012
May 2000072227.263.68$2,657
Apr 2000078024.513.12$2,430
Mar 2000085728.422.86$2,451
Feb 2000088727.622.73$2,418
Jan 200001,01525.272.48$2,518
Dec 1999059724.282.42$1,447
Nov 1999060323.192.43$1,468
Oct 1999093720.982.80$2,627
Sep 199901,26121.752.62$3,302
Aug 199901,22819.262.88$3,531
Jul 199918785817.892.37$5,381
Jun 1999064515.942.36$1,524
May 1999085215.792.32$1,978
Apr 199901,04215.102.21$2,301
Mar 199901,35012.471.84$2,482
Feb 199901,7709.981.82$3,217
Jan 199902,34210.381.90$4,450
Dec 199802,7499.201.77$4,875
Nov 19981822,90610.892.19$8,334
Oct 199802,85412.421.97$5,620
Sep 199802,83212.592.08$5,898
Aug 199803,48811.301.91$6,653
Jul 199803,75811.742.24$8,408
Jun 19981863,99511.242.24$11,029
May 199804,43112.622.21$9,776
Apr 19981874,68413.042.51$14,173
Mar 199805,09412.802.31$11,764
Feb 199805,10213.952.30$11,730
Jan 19983683,22214.702.15$12,352
Dec 199703,72716.322.41$8,986
Nov 19973135,97718.193.09$24,152
Oct 19970019.253.15$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.

May 2002 — as filed, then multipliedworked
Condensate           166 bbl  × $ 24.66 =     $4,094
Gas                    0 Mcf  × $  3.58 =         $0

────────────────────────────────────────────────────
Month total                                   $4,094

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/167951 is the state's own key, not one this site invented.