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 177237District 06Field 095913002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.6 M
Feb 2000 – Dec 2009
Value, last 12 filed months
$119 k
at the published price for each month
Months reported
119
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 Gas112000-07-14141821
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
CondensateDisposition3,863 bbl$162,367
GasProduction652,509 Mcf$3,435,159
Total$3,597,525

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 32.4637, -94.4115. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.46372, -94.41147 · 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
10,250 ft
1 wells filed one
Completion to plug
9.8 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 10,250 ft.

Completions filed
Feb 2000
1 of 1 wells
Plug dates filed
Dec 2009
1 of 1 wells

Last completion to plug: a median of 9.8 years across the 1 well that filed both dates, with the middle half between 9.8 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20332575410,250 ftFeb 2000Dec 2009Yes

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 (119)

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

119 months

Dec 20090071.445.48$0
Nov 200901,48074.593.75$5,552
Oct 200901,23472.544.11$5,072
Sep 200902,87265.543.06$8,802
Aug 200902,50767.423.22$8,069
Jul 200902,99261.133.46$10,366
Jun 2009088066.163.90$3,428
May 200903,13854.743.93$12,319
Apr 2009143,02846.773.59$11,518
Mar 2009453,39542.144.06$15,677
Feb 2009273,30332.814.63$16,189
Jan 2009243,89135.865.37$21,759
Dec 2008111,93837.105.98$11,992
Nov 2008321,92655.496.86$14,989
Oct 2008482,40775.246.92$20,273
Sep 2008363,834101.767.88$33,864
Aug 200831,429114.228.48$12,465
Jul 2008461,094131.0811.39$18,490
Jun 2008642,373131.3313.03$39,332
May 20081013,754123.1711.57$55,890
Apr 2008471,666110.3110.45$22,602
Mar 2008222,338101.909.66$24,836
Feb 2008253,93392.538.77$36,808
Jan 2008263,27090.388.21$29,183
Dec 200714,20188.337.30$30,764
Nov 2007394,31391.677.29$35,024
Oct 200714,39582.856.92$30,505
Sep 200713,38575.846.24$21,212
Aug 200782,55969.066.39$16,899
Jul 2007103,14370.906.39$20,786
Jun 2007103,31362.007.55$25,628
May 200703,21958.747.85$25,257
Apr 2007333,19459.617.81$26,897
Mar 2007233,29756.927.30$25,384
Feb 2007183,23755.108.22$27,587
Jan 2007192,75950.306.73$19,515
Dec 2006223,86356.656.92$27,972
Nov 2006464,13854.207.62$34,014
Oct 200612,26954.906.01$13,700
Sep 2006273,51360.085.04$19,318
Aug 2006242,81968.717.34$22,340
Jul 2006173,83969.376.34$25,529
Jun 200673,37166.286.38$21,984
May 200603,29066.016.42$21,138
Apr 2006183,13564.397.36$24,234
Mar 200603,14556.707.08$22,276
Feb 200672,99057.597.75$23,579
Jan 200682,73560.598.93$24,917
Dec 200572,63054.9413.42$35,667
Nov 200593,20554.6910.59$34,428
Oct 2005123,36858.3413.80$47,164
Sep 2005133,04461.4512.08$37,567
Aug 2005123,69661.519.80$36,947
Jul 2005113,83755.697.84$30,709
Jun 2005113,62952.337.38$27,361
May 2005293,54645.226.65$24,896
Apr 2005184,46149.207.36$33,721
Mar 2005344,46150.377.15$33,631
Feb 2005403,83845.226.31$26,034
Jan 2005373,58243.166.32$24,243
Dec 2004174,42239.866.75$30,531
Nov 2004354,58145.286.33$30,584
Oct 200403,62049.706.52$23,585
Sep 2004304,89043.245.28$27,135
Aug 2004144,10742.375.55$23,390
Jul 2004304,69038.286.08$29,683
Jun 2004304,70636.106.43$31,357
May 2004334,92737.486.49$33,236
Apr 2004504,99634.475.86$30,992
Mar 2004335,22634.365.53$30,034
Feb 2004485,17132.455.51$30,048
Jan 2004335,83732.036.30$37,828
Dec 2003325,39230.266.30$34,947
Nov 2003315,88928.804.60$27,954
Oct 2003285,33928.174.76$26,200
Sep 200303,38126.314.75$16,058
Aug 2003043229.765.13$2,216
Jul 2003090829.415.17$4,695
Jun 2003957228.565.98$3,679
May 2003194,24226.595.97$25,841
Apr 2003284,22626.675.41$23,598
Mar 2003284,22531.146.10$26,628
Feb 2003204,02933.487.93$32,603
Jan 2003314,30430.315.58$24,965
Dec 2002336,82826.914.85$34,030
Nov 2002337,81424.664.14$33,140
Oct 2002328,02526.464.23$34,785
Sep 2002208,20427.443.64$30,372
Aug 2002318,49325.963.16$27,678
Jul 2002418,86724.583.06$28,156
Jun 2002328,85723.733.34$30,326
May 2002379,69124.663.58$35,645
Apr 2002469,93223.653.51$35,972
Mar 20023010,93222.003.10$34,579
Feb 20023910,35018.222.38$25,299
Jan 20023910,67117.172.38$26,021
Dec 2001297,89816.932.36$19,165
Nov 2001457,67018.072.41$19,263
Oct 2001157,51119.782.53$19,291
Sep 2001168,50024.262.25$19,524
Aug 2001208,58524.873.05$26,709
Jul 2001439,65623.933.20$31,900
Jun 2001628,70224.563.82$34,801
May 20018010,23225.524.31$46,114
Apr 20018010,37124.685.34$57,307
Mar 20019411,04624.545.38$61,695
Feb 20019110,48827.755.77$63,010
Jan 200112412,05527.478.40$104,653
Dec 200011412,15126.889.12$113,912
Nov 20007812,15132.215.66$71,263
Oct 2000546,27731.235.15$33,985
Sep 20009411,17231.875.19$60,939
Aug 200010212,16029.644.54$58,239
Jul 20008614,02528.534.09$59,812
Jun 200011616,61129.304.40$76,442
May 20006620,39427.263.68$76,844
Apr 200018025,24024.513.12$83,060
Mar 200013818,73628.422.86$57,502
Feb 20000127.622.73$3

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.

Nov 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 74.59 =         $0
Gas                1,480 Mcf  × $  3.75 =     $5,552

────────────────────────────────────────────────────
Month total                                   $5,552

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/177237 is the state's own key, not one this site invented.