MASON

Name: MASON lease production and value, Jan 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DEVON LOUISIANA CORPORATION (P-5 216731) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 168608District 06Field 160321742 tax incentive programmesCondensateGasSave Export

Value, all time

$1.8 M

Jan 1998 – Aug 2004

Value, last 12 filed months

$153 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The CARTHAGE (COTTON VALLEY) 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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered

1968-05-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: “FIELD. EFFECTIVE 4/12/16.”

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	1998-07-09	138658
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	6,558 bbl	$128,464
Gas	Production	500,155 Mcf	$1,668,877
Total			$1,797,341

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 32.0896, -94.3636. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08958, -94.36355 · 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

100.0%

1 of 1 wells

Median depth

9,530 ft

1 wells filed one

Completion to plug

6.6 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 9,530 ft.

Completions filed

Jan 1998

1 of 1 wells

Plug dates filed

Aug 2004

1 of 1 wells

Last completion to plug: a median of 6.6 years across the 1 well that filed both dates, with the middle half between 6.6 years and 6.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36533727	9	9,530 ft	Jan 1998	Aug 2004	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 (80)

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

80 months


Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	1,697	36.10	6.43	$10,917
May 2004	0	4,440	37.48	6.49	$28,836
Apr 2004	0	1,487	34.47	5.86	$8,712
Mar 2004	0	2,184	34.36	5.53	$12,078
Feb 2004	0	4,710	32.45	5.51	$25,950
Jan 2004	0	6	32.03	6.30	$38
Dec 2003	0	487	30.26	6.30	$3,069
Nov 2003	36	3,516	28.80	4.60	$17,193
Oct 2003	46	4,911	28.17	4.76	$24,670
Sep 2003	42	4,244	26.31	4.75	$21,261
Aug 2003	30	4,853	29.76	5.13	$25,787
Jul 2003	42	4,819	29.41	5.17	$26,154
Jun 2003	44	5,671	28.56	5.98	$35,186
May 2003	38	5,227	26.59	5.97	$32,230
Apr 2003	22	3,992	26.67	5.41	$22,173
Mar 2003	94	4,288	31.14	6.10	$29,067
Feb 2003	94	3,945	33.48	7.93	$34,415
Jan 2003	84	5,165	30.31	5.58	$31,377
Dec 2002	114	5,487	26.91	4.85	$29,700
Nov 2002	181	5,887	24.66	4.14	$28,818
Oct 2002	159	8,152	26.46	4.23	$38,683
Sep 2002	0	7,010	27.44	3.64	$25,483
Aug 2002	0	6,851	25.96	3.16	$21,678
Jul 2002	0	5,746	24.58	3.06	$17,593
Jun 2002	0	4,031	23.73	3.34	$13,456
May 2002	4	3,102	24.66	3.58	$11,216
Apr 2002	18	4,354	23.65	3.51	$15,718
Mar 2002	18	4,435	22.00	3.10	$14,157
Feb 2002	64	4,184	18.22	2.38	$11,106
Jan 2002	91	7,041	17.17	2.38	$18,290
Dec 2001	102	5,193	16.93	2.36	$14,005
Nov 2001	100	6,388	18.07	2.41	$17,173
Oct 2001	72	7,020	19.78	2.53	$19,177
Sep 2001	57	1,945	24.26	2.25	$5,762
Aug 2001	53	2,136	24.87	3.05	$7,840
Jul 2001	0	2,783	23.93	3.20	$8,897
Jun 2001	0	3,365	24.56	3.82	$12,868
May 2001	0	7,255	25.52	4.31	$31,250
Apr 2001	0	2,880	24.68	5.34	$15,366
Mar 2001	0	1,971	24.54	5.38	$10,597
Feb 2001	151	2,356	27.75	5.77	$17,777
Jan 2001	158	4,697	27.47	8.40	$43,789
Dec 2000	146	7,011	26.88	9.12	$67,882
Nov 2000	131	7,489	32.21	5.66	$46,592
Oct 2000	140	6,468	31.23	5.15	$37,653
Sep 2000	49	3,620	31.87	5.19	$20,337
Aug 2000	74	6,543	29.64	4.54	$31,903
Jul 2000	71	7,198	28.53	4.09	$31,464
Jun 2000	71	7,022	29.30	4.40	$32,958
May 2000	64	8,088	27.26	3.68	$31,506
Apr 2000	77	5,839	24.51	3.12	$20,082
Mar 2000	84	6,025	28.42	2.86	$19,617
Feb 2000	111	5,799	27.62	2.73	$18,877
Jan 2000	115	6,508	25.27	2.48	$19,049
Dec 1999	111	6,600	24.28	2.42	$18,692
Nov 1999	90	5,797	23.19	2.43	$16,197
Oct 1999	35	2,688	20.98	2.80	$8,271
Sep 1999	21	1,663	21.75	2.62	$4,812
Aug 1999	11	975	19.26	2.88	$3,016
Jul 1999	34	2,888	17.89	2.37	$7,460
Jun 1999	88	6,384	15.94	2.36	$16,482
May 1999	81	7,005	15.79	2.32	$17,538
Apr 1999	88	6,822	15.10	2.21	$16,392
Mar 1999	97	7,340	12.47	1.84	$14,703
Feb 1999	114	7,834	9.98	1.82	$15,378
Jan 1999	151	10,659	10.38	1.90	$21,819
Dec 1998	148	10,176	9.20	1.77	$19,407
Nov 1998	102	9,179	10.89	2.19	$21,174
Oct 1998	115	11,486	12.42	1.97	$24,047
Sep 1998	111	12,332	12.59	2.08	$27,080
Aug 1998	108	13,260	11.30	1.91	$26,512
Jul 1998	100	13,097	11.74	2.24	$30,476
Jun 1998	191	13,961	11.24	2.24	$33,381
May 1998	223	15,987	12.62	2.21	$38,087
Apr 1998	258	18,204	13.04	2.51	$48,971
Mar 1998	486	24,188	12.80	2.31	$62,082
Feb 1998	632	27,120	13.95	2.30	$71,169
Jan 1998	116	6,989	14.70	2.15	$16,765

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 2004 — as filed, then multipliedworked

Condensate             0 bbl  × $ 36.10 =         $0
Gas                1,697 Mcf  × $  6.43 =    $10,917

────────────────────────────────────────────────────
Month total                                  $10,917

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/168608 is the state's own key, not one this site invented.