JAMES GAS UNIT

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) in the BLOCKER (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 171238District 06Field 095913002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Oct 1998 – Jan 2016
Value, last 12 filed months
$436
at the published price for each month
Months reported
208
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 405 leases and 405 wells, and the rule below applies to all of them.

Discovered
1978-01-03
as the register files it
Field class
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 2015-06-09.

The Commission's schedule remark for this field reads: LATERAL RULES.

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 Gas111999-02-08140092
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
CondensateDisposition4,962 bbl$153,601
GasProduction348,373 Mcf$1,305,737
Total$1,459,338

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 32.4031, -94.4835. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40308, -94.48349 · 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
10,245 ft
1 wells filed one
Completion to plug
17.3 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 10,245 ft.

Completions filed
Oct 1998
1 of 1 wells
Plug dates filed
Jan 2016
1 of 1 wells

Last completion to plug: a median of 17.3 years across the 1 well that filed both dates, with the middle half between 17.3 years and 17.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20332523510,245 ftOct 1998Jan 2016Yes

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 (208)

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

208 months

Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150542.992.76$14
Aug 201583540.162.87$422
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 2014101198.164.74$1,034
May 20148994.734.73$800
Apr 2014217095.944.81$1,009
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 20110086.504.59$0
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 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200901142.144.06$45
Feb 200905332.814.63$246
Jan 20090135.865.37$5
Dec 200802837.105.98$167
Nov 200826455.496.86$550
Oct 200814075.246.92$352
Sep 2008282101.767.88$849
Aug 2008011114.228.48$93
Jul 2008279131.0811.39$1,162
Jun 20083120131.3313.03$1,958
May 20084138123.1711.57$2,090
Apr 20086182110.3110.45$2,565
Mar 200810329101.909.66$4,198
Feb 20081348892.538.77$5,483
Jan 20082066990.388.21$7,297
Dec 20071859688.337.30$5,942
Nov 20071565091.677.29$6,115
Oct 2007341,20482.856.92$11,151
Sep 20072693575.846.24$7,810
Aug 2007331,34169.066.39$10,845
Jul 20072393470.906.39$7,597
Jun 20071558762.007.55$5,361
May 20072288358.747.85$8,221
Apr 20071549059.617.81$4,719
Mar 20071749156.927.30$4,553
Feb 20071551555.108.22$5,058
Jan 20071761750.306.73$5,006
Dec 20061452656.656.92$4,432
Nov 2006939954.207.62$3,527
Oct 20061026154.906.01$2,119
Sep 2006929760.085.04$2,037
Aug 2006933068.717.34$3,041
Jul 2006621769.376.34$1,793
Jun 2006293666.286.38$2,152
May 2006311066.016.42$905
Apr 2006515664.397.36$1,470
Mar 20061765856.707.08$5,624
Feb 20062559157.597.75$6,021
Jan 20063890060.598.93$10,342
Dec 20052862354.9413.42$9,896
Nov 20052867154.6910.59$8,636
Oct 20052784258.3413.80$13,191
Sep 20052676261.4512.08$10,802
Aug 20052566661.519.80$8,062
Jul 20052371955.697.84$6,920
Jun 20052667752.337.38$6,358
May 20053381945.226.65$6,940
Apr 2005671,30749.207.36$12,917
Mar 2005721,18850.377.15$12,127
Feb 20054593045.226.31$7,905
Jan 20055489043.166.32$7,957
Dec 20045794839.866.75$8,672
Nov 20044372245.286.33$6,518
Oct 20043673749.706.52$6,591
Sep 20044087043.245.28$6,327
Aug 20044587342.375.55$6,752
Jul 2004521,11538.286.08$8,774
Jun 2004501,09436.106.43$8,843
May 2004141,09237.486.49$7,617
Apr 2004151,19934.475.86$7,541
Mar 2004181,40534.365.53$8,388
Feb 2004181,50932.455.51$8,898
Jan 2004221,84532.036.30$12,328
Dec 2003241,75530.266.30$11,786
Nov 2003191,69528.804.60$8,336
Oct 2003211,59128.174.76$8,164
Sep 2003222,11426.314.75$10,619
Aug 2003151,68029.765.13$9,064
Jul 2003191,94529.415.17$10,616
Jun 2003251,95628.565.98$12,417
May 2003522,14226.595.97$14,176
Apr 2003652,12826.675.41$13,240
Mar 2003722,19131.146.10$15,599
Feb 2003722,14133.487.93$19,380
Jan 2003882,52030.315.58$16,734
Dec 2002862,54126.914.85$14,648
Nov 2002802,74924.664.14$13,345
Oct 2002873,24226.464.23$16,013
Sep 2002822,74927.443.64$12,243
Aug 2002882,83525.963.16$11,255
Jul 2002862,67024.583.06$10,289
Jun 20021253,42423.733.34$14,396
May 20021424,18024.663.58$18,483
Apr 2002903,39823.653.51$14,063
Mar 2002173,33422.003.10$10,718
Feb 2002162,67918.222.38$6,656
Jan 2002122,28217.172.38$5,627
Dec 2001122,45916.932.36$6,017
Nov 2001132,37018.072.41$5,936
Oct 2001122,27619.782.53$5,993
Sep 2001122,66424.262.25$6,289
Aug 2001302,89124.873.05$9,573
Jul 2001963,48423.933.20$13,436
Jun 2001773,52324.563.82$15,364
May 200174,55425.524.31$19,794
Apr 200174,00824.685.34$21,557
Mar 200184,70724.545.38$25,503
Feb 200194,24427.755.77$24,725
Jan 2001104,21527.478.40$35,675
Dec 200094,07226.889.12$37,389
Nov 200094,83932.215.66$27,669
Oct 200095,03331.235.15$26,178
Sep 200085,51031.875.19$28,833
Aug 200084,85929.644.54$22,301
Jul 2000144,44828.534.09$18,591
Jun 2000555,24629.304.40$24,679
May 2000715,57827.263.68$22,461
Apr 2000775,63124.513.12$19,433
Mar 2000806,21828.422.86$20,056
Feb 2000533,28827.622.73$10,429
Jan 2000663,92825.272.48$11,411
Dec 1999634,18924.282.42$11,683
Nov 1999624,55123.192.43$12,515
Oct 1999785,33920.982.80$16,605
Sep 1999615,08421.752.62$14,641
Aug 1999735,45119.262.88$17,081
Jul 1999957,98617.892.37$20,645
Jun 1999685,62315.942.36$14,366
May 1999475,09715.792.32$12,572
Apr 1999756,97515.102.21$16,534
Mar 1999829,55612.471.84$18,590
Feb 1999779,6789.981.82$18,361
Jan 199912712,28110.381.90$24,652
Dec 199816015,0199.201.77$28,105
Nov 199819620,91110.892.19$47,840
Oct 199816230,89512.421.97$62,851

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.

Sep 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 42.99 =         $0
Gas                    5 Mcf  × $  2.76 =        $14

────────────────────────────────────────────────────
Month total                                      $14

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/171238 is the state's own key, not one this site invented.