PAXTON GU 1

Operated by BRG LONE STAR LTD. (P-5 90870) in the SYM-JAC, WEST (HOSSTON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 225350District 06Field 878305002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Jan 2007 – Dec 2017
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
132
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 30 leases and 30 wells, and the rule below applies to all of them.

Discovered
1979-05-11
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: #06-0210567.

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 Gas112007-09-19176847
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
CondensateDisposition2,269 bbl$165,875
GasProduction131,760 Mcf$858,786
Total$1,024,662

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 31.7486, -95.1408. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74862, -95.14077 · 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
0.0%
0 of 1 wells
Median depth
10,722 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 10,722 ft.

Completions filed
Dec 2017
1 of 1 wells

1 well

42-07331201210,722 ftDec 2017Yes

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 (132)

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

132 months

Dec 20170057.272.92$0
Nov 201705,56355.423.12$17,347
Oct 2017010149.292.98$301
Sep 2017010347.523.09$318
Aug 2017010045.373.00$300
Jul 2017010243.873.09$315
Jun 2017010842.493.09$333
May 2017010345.373.26$336
Apr 2017010947.933.21$350
Mar 2017018646.772.98$555
Feb 2017019250.452.95$567
Jan 2017010149.413.42$345
Dec 2016010448.763.72$387
Nov 2016010542.492.64$278
Oct 2016010946.193.09$337
Sep 20164010641.553.10$1,991
Aug 2016010141.442.92$295
Jul 2016018441.622.92$538
Jun 2016014945.352.69$400
May 2016013742.521.99$273
Apr 2016010736.561.99$213
Mar 2016011433.011.79$205
Feb 2016010126.472.06$208
Jan 2016010027.352.36$236
Dec 20154010632.362.00$1,507
Nov 20150038.792.17$0
Oct 201505243.552.43$126
Sep 2015010142.992.76$279
Aug 2015010440.162.87$299
Jul 2015010048.152.95$295
Jun 2015011956.152.88$343
May 2015010855.212.96$319
Apr 2015010149.822.71$273
Mar 2015011842.892.93$346
Feb 2015010844.662.98$321
Jan 2015018543.433.10$574
Dec 2014015054.693.59$539
Nov 2014031970.464.25$1,356
Oct 2014011978.303.90$464
Sep 2014011186.164.05$449
Aug 2014010289.394.04$412
Jul 2014012496.564.18$518
Jun 2014010398.164.74$488
May 2014011494.734.73$539
Apr 2014012095.944.81$577
Mar 20149012295.895.06$9,247
Feb 2014017997.406.19$1,108
Jan 2014030690.404.86$1,487
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 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20120105105.052.22$233
Feb 20120104101.102.57$267
Jan 201202998.092.73$79
Dec 2011010696.873.24$343
Nov 2011014895.723.31$490
Oct 2011018084.983.65$657
Sep 2011023483.623.99$933
Aug 2011014883.404.15$614
Jul 2011024794.144.52$1,116
Jun 2011028592.904.64$1,322
May 20114314198.134.40$4,841
Apr 20110290105.964.33$1,257
Mar 2011049896.364.06$2,021
Feb 2011055785.644.18$2,328
Jan 2011681,22086.504.59$11,480
Dec 2010561,56985.734.35$11,623
Nov 201001,07880.843.80$4,091
Oct 2010341,22478.103.51$6,950
Sep 201001,25172.633.98$4,978
Aug 201001,14173.684.42$5,042
Jul 2010591,12472.554.74$9,604
Jun 201001,31970.364.91$6,477
May 2010761,45771.124.24$11,576
Apr 201001,31881.694.12$5,434
Mar 2010581,40078.394.39$10,691
Feb 2010661,08173.585.44$10,739
Jan 2010080974.365.96$4,825
Dec 2009801,23071.445.48$12,460
Nov 200901,30274.593.75$4,884
Oct 20091201,42972.544.11$14,578
Sep 200901,39965.543.06$4,288
Aug 2009751,58567.423.22$10,158
Jul 2009611,56461.133.46$9,147
Jun 200901,50966.163.90$5,878
May 200901,61054.743.93$6,320
Apr 2009421,58346.773.59$7,643
Mar 2009241,62942.144.06$7,623
Feb 200901,53432.814.63$7,107
Jan 2009481,67135.865.37$10,696
Dec 2008821,63537.105.98$12,815
Nov 2008511,53955.496.86$13,388
Oct 200801,79775.246.92$12,439
Sep 2008461,755101.767.88$18,505
Aug 200802,202114.228.48$18,680
Jul 200801,989131.0811.39$22,654
Jun 2008732,200131.3313.03$38,259
May 200802,460123.1711.57$28,473
Apr 2008873,288110.3110.45$43,973
Mar 2008923,707101.909.66$45,200
Feb 200803,39592.538.77$29,776
Jan 2008683,36990.388.21$33,791
Dec 2007853,20988.337.30$30,940
Nov 200703,42391.677.29$24,959
Oct 2007413,82882.856.92$29,894
Sep 200703,53275.846.24$22,054
Aug 2007914,04869.066.39$32,143
Jul 200704,37570.906.39$27,947
Jun 20071032,35162.007.55$24,132
May 2007773,74558.747.85$33,907
Apr 200705,20959.617.81$40,657
Mar 20071957,57256.927.30$66,390
Feb 2007749,01255.108.22$78,120
Jan 2007243,75650.306.73$26,473

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 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 55.42 =         $0
Gas                5,563 Mcf  × $  3.12 =    $17,347

────────────────────────────────────────────────────
Month total                                  $17,347

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/225350 is the state's own key, not one this site invented.