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 180403District 06Field 095913002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.7 M
Oct 2000 – Jun 2009
Value, last 12 filed months
$141 k
at the published price for each month
Months reported
105
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 Gas112001-03-12143049
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
CondensateDisposition4,566 bbl$144,335
GasProduction792,112 Mcf$4,571,148
Total$4,715,483

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 32.4736, -94.4069. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.47358, -94.40686 · 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
10,400 ft
1 wells filed one
Completion to plug
8.3 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 10,400 ft.

Completions filed
Mar 2001
1 of 1 wells
Plug dates filed
Jun 2009
1 of 1 wells

Last completion to plug: a median of 8.3 years across the 1 well that filed both dates, with the middle half between 8.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20332626710,400 ftMar 2001Jun 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 (105)

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

105 months

Jun 20090066.163.90$0
May 200901,49354.743.93$5,861
Apr 200981,68346.773.59$6,412
Mar 2009261,25042.144.06$6,169
Feb 200991,26232.814.63$6,142
Jan 20091382135.865.37$4,876
Dec 2008201,84937.105.98$11,794
Nov 2008612,46555.496.86$20,296
Oct 2008103,10175.246.92$22,217
Sep 200801,688101.767.88$13,297
Aug 200801,994114.228.48$16,915
Jul 200802,371131.0811.39$27,004
Jun 200802,092131.3313.03$27,264
May 2008382,462123.1711.57$33,176
Apr 2008642,710110.3110.45$35,393
Mar 2008233,086101.909.66$32,167
Feb 2008183,67092.538.77$33,854
Jan 2008192,51990.388.21$22,387
Dec 200713,25588.337.30$23,856
Nov 2007273,36691.677.29$27,019
Oct 200714,49982.856.92$31,225
Sep 200705,15675.846.24$32,195
Aug 200704,44169.066.39$28,369
Jul 200704,73170.906.39$30,221
Jun 200734,37262.007.55$33,188
May 200704,70058.747.85$36,878
Apr 2007324,31859.617.81$35,610
Mar 2007214,41356.927.30$33,419
Feb 2007233,90455.108.22$33,343
Jan 2007195,14850.306.73$35,586
Dec 2006193,99956.656.92$28,743
Nov 2006456,07254.207.62$48,692
Oct 200612,07454.906.01$12,528
Sep 2006405,46660.085.04$29,937
Aug 2006326,96568.717.34$53,321
Jul 2006236,83369.376.34$44,936
Jun 2006115,67966.286.38$36,983
May 200604,58666.016.42$29,465
Apr 2006324,99564.397.36$38,826
Mar 200605,50756.707.08$39,006
Feb 2006123,65957.597.75$29,052
Jan 2006133,69360.598.93$33,778
Dec 2005124,08854.9413.42$55,501
Nov 2005124,77454.6910.59$51,205
Oct 200524,83558.3413.80$66,819
Sep 200513,64861.4512.08$44,126
Aug 200515,32161.519.80$52,191
Jul 200505,60055.697.84$43,924
Jun 200515,16352.337.38$38,161
May 200504,70845.226.65$31,314
Apr 200505,73049.207.36$42,176
Mar 200506,26350.377.15$44,811
Feb 200505,95145.226.31$37,562
Jan 200507,00843.166.32$44,306
Dec 200405,66439.866.75$38,238
Nov 2004216,12045.286.33$39,693
Oct 200405,18349.706.52$33,768
Sep 2004407,03043.245.28$38,875
Aug 2004217,35842.375.55$41,732
Jul 2004347,69538.286.08$48,119
Jun 2004375,73736.106.43$38,242
May 2004397,56537.486.49$50,593
Apr 2004616,92734.475.86$42,684
Mar 2004437,61634.365.53$43,595
Feb 2004628,12032.455.51$46,750
Jan 2004428,27032.036.30$53,443
Dec 2003418,41630.266.30$54,275
Nov 2003388,28328.804.60$39,156
Oct 2003437,38328.174.76$36,352
Sep 2003166,28226.314.75$30,256
Aug 2003155,94429.765.13$30,937
Jul 2003166,65729.415.17$34,893
Jun 2003265,90228.565.98$36,054
May 2003366,14226.595.97$37,641
Apr 2003485,57626.675.41$31,431
Mar 2003495,68231.146.10$36,164
Feb 2003316,05533.487.93$49,029
Jan 2003355,69730.315.58$32,862
Dec 2002335,76926.914.85$28,889
Nov 2002364,05024.664.14$17,642
Oct 2002476,55226.464.23$28,953
Sep 2002347,34527.443.64$27,634
Aug 2002498,38225.963.16$27,794
Jul 2002688,84424.583.06$28,750
Jun 2002518,85423.733.34$30,767
May 20021229,50924.663.58$37,089
Apr 20023028,96323.653.51$38,623
Mar 20022169,11422.003.10$33,030
Feb 20022889,79518.222.38$28,517
Jan 200228511,99517.172.38$33,390
Dec 200121214,16016.932.36$37,069
Nov 200129918,27818.072.41$49,371
Oct 2001124,88319.782.53$12,586
Sep 20011716,55224.262.25$37,676
Aug 20012117,76124.873.05$54,749
Jul 20014618,35823.933.20$59,793
Jun 20016618,33324.563.82$71,729
May 20018521,95325.524.31$96,728
Apr 20018821,18624.685.34$115,206
Mar 200110725,50024.545.38$139,725
Feb 200112228,10327.755.77$165,458
Jan 200120140,69027.478.40$347,267
Dec 200015026,59526.889.12$246,645
Nov 200011142,93432.215.66$246,496
Oct 2000114,91431.235.15$25,629

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 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 54.74 =         $0
Gas                1,493 Mcf  × $  3.93 =     $5,861

────────────────────────────────────────────────────
Month total                                   $5,861

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/180403 is the state's own key, not one this site invented.