MOBLEY GAS UNIT

Operated by VALENCE OPERATING COMPANY (P-5 881167) 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 176536District 06Field 095913002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Dec 1999 – Jun 2008
Value, last 12 filed months
$225 k
at the published price for each month
Months reported
103
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 Gas112000-05-11141540
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
CondensateDisposition4,518 bbl$140,879
GasProduction759,091 Mcf$3,888,680
Total$4,029,559

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 32.4678, -94.4049. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.46777, -94.40493 · 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
10,114 ft
1 wells filed one
Completion to plug
8.5 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 10,114 ft.

Completions filed
Dec 1999
1 of 1 wells
Plug dates filed
Jun 2008
1 of 1 wells

Last completion to plug: a median of 8.5 years across the 1 well that filed both dates, with the middle half between 8.5 years and 8.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20332568310,114 ftDec 1999Jun 2008Yes

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 (103)

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

103 months

Jun 200800131.3313.03$0
May 2008534123.1711.57$1,009
Apr 200813551110.3110.45$7,195
Mar 200892,114101.909.66$21,347
Feb 200883,27892.538.77$29,490
Jan 200891,53690.388.21$13,417
Dec 200703,07888.337.30$22,475
Nov 2007143,13691.677.29$24,150
Oct 200704,46682.856.92$30,914
Sep 200704,05975.846.24$25,345
Aug 200713,66469.066.39$23,474
Jul 200734,07070.906.39$26,212
Jun 200734,26662.007.55$32,388
May 200703,44658.747.85$27,038
Apr 2007314,05159.617.81$33,467
Mar 2007194,86856.927.30$36,627
Feb 200743,89455.108.22$32,214
Jan 2007143,35750.306.73$23,286
Dec 2006143,77456.656.92$26,903
Nov 2006394,71954.207.62$38,061
Oct 200612,79354.906.01$16,851
Sep 2006205,26960.085.04$27,743
Aug 2006153,70968.717.34$28,254
Jul 2006124,00869.376.34$26,254
Jun 2006103,66766.286.38$24,072
May 200603,78266.016.42$24,299
Apr 2006334,27364.397.36$33,576
Mar 200605,29856.707.08$37,525
Feb 2006124,13057.597.75$32,703
Jan 2006113,48760.598.93$31,817
Dec 2005165,33754.9413.42$72,477
Nov 2005153,80454.6910.59$41,099
Oct 200544,90058.3413.80$67,833
Sep 200543,05061.4512.08$37,087
Aug 200554,59861.519.80$45,353
Jul 200555,42255.697.84$42,807
Jun 200545,21952.337.38$38,731
May 2005434,86945.226.65$34,329
Apr 2005295,75549.207.36$43,786
Mar 2005606,08250.377.15$46,538
Feb 2005715,27945.226.31$36,531
Jan 2005634,98843.166.32$34,254
Dec 2004316,13739.866.75$42,667
Nov 2004267,10145.286.33$46,130
Oct 200403,48549.706.52$22,705
Sep 200485,35143.245.28$28,620
Aug 200444,44642.375.55$24,848
Jul 200496,17638.286.08$37,920
Jun 200496,03736.106.43$39,161
May 2004106,18737.486.49$40,557
Apr 2004156,39234.475.86$37,964
Mar 200496,12834.365.53$34,198
Feb 2004126,21232.455.51$34,615
Jan 200475,77432.036.30$36,598
Dec 200395,13530.266.30$32,631
Nov 200386,73628.804.60$31,183
Oct 2003386,29128.174.76$31,013
Sep 2003596,94626.314.75$34,541
Aug 2003637,16829.765.13$38,645
Jul 2003627,37229.415.17$39,943
Jun 2003477,34828.565.98$45,305
May 2003337,04826.595.97$42,973
Apr 2003486,88126.675.41$38,488
Mar 2003497,10331.146.10$44,826
Feb 2003326,58033.487.93$53,224
Jan 2003487,68330.315.58$44,342
Dec 2002457,20326.914.85$36,173
Nov 20023910,06324.664.14$42,592
Oct 20023810,36226.464.23$44,828
Sep 20022510,30127.443.64$38,132
Aug 20023510,60225.963.16$34,455
Jul 20024810,93824.583.06$34,669
Jun 20023610,89823.733.34$37,234
May 20024812,17124.663.58$44,805
Apr 20026611,17923.653.51$40,825
Mar 20024512,73622.003.10$40,506
Feb 20025912,15118.222.38$29,942
Jan 20026012,50717.172.38$30,743
Dec 2001449,59416.932.36$23,429
Nov 2001709,46618.072.41$24,036
Oct 2001209,13019.782.53$23,484
Sep 2001219,74324.262.25$22,444
Aug 20012710,33624.873.05$32,229
Jul 20015610,86323.933.20$36,070
Jun 2001839,60824.563.82$38,781
May 200110611,58825.524.31$52,618
Apr 200110511,49724.685.34$63,932
Mar 200112912,90124.545.38$72,527
Feb 200111811,78927.755.77$71,263
Jan 200115412,36827.478.40$108,106
Dec 200013414,08026.889.12$132,047
Nov 20007112,66932.215.66$73,968
Oct 2000425,64531.235.15$30,358
Sep 2000688,10731.875.19$44,214
Aug 20001179,66429.644.54$47,350
Jul 200024016,88528.534.09$75,903
Jun 200028416,29929.304.40$79,992
May 200016318,81427.263.68$73,674
Apr 200038020,15724.513.12$72,123
Mar 200028715,78328.422.86$53,292
Feb 2000017,01927.622.73$46,402
Jan 2000021,83325.272.48$54,157
Dec 199908,34524.282.42$20,226

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 2008 — as filed, then multipliedworked
Condensate             5 bbl  × $123.17 =       $616
Gas                   34 Mcf  × $ 11.57 =       $394

────────────────────────────────────────────────────
Month total                                   $1,009

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/176536 is the state's own key, not one this site invented.