BRADY ESTATE

Operated by AC EXPLORATION, LLC (P-5 3645) in the PINEHILL, W. (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 219523District 06Field 71600500CondensateGasSaveExport
Value, all time
$1.1 M
Feb 2006 – Jan 2016
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
120
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1981-07-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: 03/28/2006 PER DOCKET 06-0245877.

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
CondensateDisposition1,459 bbl$92,575
GasProduction161,782 Mcf$1,013,005
Total$1,105,580

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 32.0553, -94.5732. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05529, -94.57322 · 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
7,250 ft
1 wells filed one
Completion to plug
9.5 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 7,250 ft.

Completions filed
Mar 2006
1 of 1 wells
Plug dates filed
Sep 2015
1 of 1 wells

Last completion to plug: a median of 9.5 years across the 1 well that filed both dates, with the middle half between 9.5 years and 9.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653595317,250 ftMar 2006Sep 2015Yes

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 (120)

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

120 months

Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201560038.792.17$2,327
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
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 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
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 20130193.964.28$4
Mar 20130093.623.91$0
Feb 201304291.233.42$144
Jan 20130691.603.42$21
Dec 201202286.773.42$75
Nov 201207286.953.62$261
Oct 20120089.383.40$0
Sep 201204194.672.92$120
Aug 201201192.662.91$32
Jul 20121212485.133.02$10,373
Jun 20120779.822.52$18
May 201202191.612.49$52
Apr 201203101.652.00$6
Mar 20120125105.052.22$278
Feb 2012097101.102.57$249
Jan 201201,19198.092.73$3,256
Dec 201101,46396.873.24$4,740
Nov 201101,49295.723.31$4,940
Oct 201101,54384.983.65$5,630
Sep 201101,58383.623.99$6,310
Aug 201101,44483.404.15$5,992
Jul 201101,62494.144.52$7,336
Jun 201101,50092.904.64$6,960
May 201101,74098.134.40$7,664
Apr 201101,863105.964.33$8,073
Mar 201102,13296.364.06$8,650
Feb 201101,18985.644.18$4,970
Jan 20111621,38486.504.59$20,364
Dec 201001,47085.734.35$6,391
Nov 201001,47680.843.80$5,602
Oct 201001,63878.103.51$5,748
Sep 201001,63472.633.98$6,502
Aug 201001,91073.684.42$8,441
Jul 201001,73972.554.74$8,237
Jun 201001,69270.364.91$8,308
May 201001,68971.124.24$7,153
Apr 201001,35781.694.12$5,594
Mar 2010076178.394.39$3,340
Feb 2010016773.585.44$909
Jan 201005274.365.96$310
Dec 200905571.445.48$302
Nov 200908974.593.75$334
Oct 200907672.544.11$312
Sep 200909965.543.06$303
Aug 2009013267.423.22$425
Jul 2009045561.133.46$1,576
Jun 200901,32466.163.90$5,157
May 200901,72954.743.93$6,788
Apr 200901,66346.773.59$5,966
Mar 20091792,01842.144.06$15,734
Feb 2009090932.814.63$4,211
Jan 2009087035.865.37$4,673
Dec 200801,28737.105.98$7,693
Nov 200801,09255.496.86$7,492
Oct 200801,24275.246.92$8,597
Sep 200801,165101.767.88$9,177
Aug 20080756114.228.48$6,413
Jul 200802,032131.0811.39$23,143
Jun 200801,301131.3313.03$16,955
May 20080353123.1711.57$4,086
Apr 20080381110.3110.45$3,983
Mar 20080364101.909.66$3,518
Feb 2008022792.538.77$1,991
Jan 2008012990.388.21$1,059
Dec 2007013288.337.30$964
Nov 2007018291.677.29$1,327
Oct 2007011882.856.92$817
Sep 200706575.846.24$406
Aug 2007019969.066.39$1,271
Jul 20071732,23670.906.39$26,549
Jun 200703,58562.007.55$27,061
May 200703,54058.747.85$27,776
Apr 200702,10059.617.81$16,391
Mar 2007061956.927.30$4,520
Feb 2007093955.108.22$7,715
Jan 200703,67750.306.73$24,735
Dec 200603,85756.656.92$26,684
Nov 20061865,04854.207.62$48,534
Oct 200603,84454.906.01$23,117
Sep 200604,01660.085.04$20,229
Aug 200605,65968.717.34$41,537
Jul 200606,50869.376.34$41,279
Jun 20061898,06866.286.38$64,032
May 2006012,12566.016.42$77,903
Apr 200619016,58064.397.36$134,271
Mar 200619921,38156.707.08$162,723
Feb 200601,35157.597.75$10,472

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 2015 — as filed, then multipliedworked
Condensate            60 bbl  × $ 38.79 =     $2,327
Gas                    0 Mcf  × $  2.17 =         $0

────────────────────────────────────────────────────
Month total                                   $2,327

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/219523 is the state's own key, not one this site invented.