MATTHEWS, WILLIAM 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 202074District 06Field 095913002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.6 M
Mar 2004 – Jun 2014
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
124
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 Gas112004-09-24159014
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
CondensateDisposition3,637 bbl$214,108
GasProduction511,223 Mcf$3,378,942
Total$3,593,049

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 32.3971, -94.4276. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39714, -94.42762 · 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
10,243 ft
1 wells filed one
Completion to plug
10.3 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 10,243 ft.

Completions filed
Mar 2004
1 of 1 wells
Plug dates filed
Jun 2014
1 of 1 wells

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20332891410,243 ftMar 2004Jun 2014Yes

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 (124)

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

124 months

Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20141297.406.19$110
Jan 2014725690.404.86$1,877
Dec 2013725391.824.35$1,744
Nov 2013625288.853.74$1,475
Oct 2013627297.423.78$1,613
Sep 20136428104.113.72$2,216
Aug 201351,954104.253.52$7,404
Jul 201362,229102.523.72$8,902
Jun 201351,39594.403.93$5,959
May 2013691494.834.15$4,361
Apr 201361,00793.964.28$4,876
Mar 201371,05193.623.91$4,768
Feb 2013667991.233.42$2,870
Jan 201381,51091.603.42$5,897
Dec 2012778786.773.42$3,299
Nov 2012789386.953.62$3,846
Oct 201271,17989.383.40$4,634
Sep 2012582794.672.92$2,887
Aug 201241,02792.662.91$3,357
Jul 201271,44685.133.02$4,964
Jun 201271,19179.822.52$3,559
May 2012122,20991.612.49$6,596
Apr 20125994101.652.00$2,493
Mar 2012121,038105.052.22$3,567
Feb 2012171,066101.102.57$4,459
Jan 2012271,69698.092.73$7,285
Dec 2011201,44696.873.24$6,622
Nov 2011211,57195.723.31$7,212
Oct 2011322,41784.983.65$11,538
Sep 2011201,55383.623.99$7,862
Aug 2011161,44283.404.15$7,318
Jul 2011211,95194.144.52$10,790
Jun 2011231,81192.904.64$10,540
May 2011282,10198.134.40$12,002
Apr 2011271,847105.964.33$10,864
Mar 2011301,80596.364.06$10,214
Feb 2011181,84785.644.18$9,262
Jan 2011201,71186.504.59$9,581
Dec 2010333,01885.734.35$15,951
Nov 2010324580.843.80$1,172
Oct 2010262,94478.103.51$12,361
Sep 2010161,76172.633.98$8,170
Aug 2010172,23973.684.42$11,148
Jul 2010303,46172.554.74$18,569
Jun 2010172,03770.364.91$11,199
May 2010151,74171.124.24$8,440
Apr 2010181,85081.694.12$9,097
Mar 2010341,97878.394.39$11,346
Feb 2010291,89273.585.44$12,431
Jan 2010372,27374.365.96$16,308
Dec 2009362,14971.445.48$14,356
Nov 2009332,26874.593.75$10,970
Oct 2009261,69372.544.11$8,845
Sep 2009211,51165.543.06$6,007
Aug 2009251,87867.423.22$7,730
Jul 2009302,19461.133.46$9,435
Jun 2009312,13266.163.90$10,355
May 2009302,21554.743.93$10,338
Apr 200952,26146.773.59$8,345
Mar 200962,43842.144.06$10,149
Feb 200952,13932.814.63$10,074
Jan 200972,83535.865.37$15,478
Dec 200852,53237.105.98$15,320
Nov 200863,02155.496.86$21,058
Oct 200853,00275.246.92$21,156
Sep 200842,372101.767.88$19,092
Aug 200862,935114.228.48$25,583
Jul 200852,856131.0811.39$33,184
Jun 200852,968131.3313.03$39,338
May 200873,309123.1711.57$39,162
Apr 200883,293110.3110.45$35,310
Mar 200873,631101.909.66$35,804
Feb 200873,38492.538.77$30,327
Jan 200873,55790.388.21$29,820
Dec 200773,64988.337.30$27,263
Nov 200763,62191.677.29$26,953
Oct 200783,97282.856.92$28,157
Sep 200773,90975.846.24$24,939
Aug 200774,13969.066.39$26,923
Jul 200774,29870.906.39$27,952
Jun 200773,95862.007.55$30,311
May 2007103,88358.747.85$31,055
Apr 2007123,86959.617.81$30,914
Mar 2007144,07556.927.30$30,552
Feb 2007113,89455.108.22$32,599
Jan 2007124,54650.306.73$31,184
Dec 2006134,77356.656.92$33,758
Nov 2006114,75754.207.62$36,833
Oct 2006104,04554.906.01$24,875
Sep 2006104,99260.085.04$25,747
Aug 200695,18768.717.34$38,691
Jul 200695,36369.376.34$34,641
Jun 2006105,53966.286.38$36,023
May 2006465,71766.016.42$39,768
Apr 2006586,07364.397.36$48,435
Mar 2006496,77856.707.08$50,786
Feb 2006755,82157.597.75$49,439
Jan 2006786,51560.598.93$62,927
Dec 2005816,33754.9413.42$89,464
Nov 2005736,54454.6910.59$73,283
Oct 2005647,05058.3413.80$100,994
Sep 2005666,79161.4512.08$86,084
Aug 2005777,19261.519.80$75,195
Jul 2005677,43855.697.84$62,072
Jun 2005777,57752.337.38$59,956
May 2005706,59845.226.65$47,050
Apr 2005958,12649.207.36$64,485
Mar 20051198,50450.377.15$66,839
Feb 2005877,88545.226.31$53,704
Jan 20051239,22343.166.32$63,618
Dec 20049710,10339.866.75$72,073
Nov 20049810,40345.286.33$70,293
Oct 20048811,15749.706.52$77,063
Sep 20049712,75943.245.28$71,612
Aug 200411814,36642.375.55$84,740
Jul 200413718,37738.286.08$117,053
Jun 200416120,12036.106.43$135,244
May 200427928,39337.486.49$194,858
Apr 2004046,83834.475.86$274,399
Mar 20040034.365.53$0

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.

Feb 2014 — as filed, then multipliedworked
Condensate             1 bbl  × $ 97.40 =        $97
Gas                    2 Mcf  × $  6.19 =        $12

────────────────────────────────────────────────────
Month total                                     $110

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/202074 is the state's own key, not one this site invented.