STINGRAY

Operated by NFR ENERGY, LLC (P-5 609261) in the MINDEN (COTTON VALLEY CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 243203District 06Field 617921112 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Oct 2008 – Nov 2012
Value, last 12 filed months
$128 k
at the published price for each month
Months reported
50
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 456 leases and 456 wells, and the rule below applies to all of them.

Discovered
2005-09-27
as the register files it
Field class
Oil and 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 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: EXCEPTION TO SWR51(A) 30 DAY RULE.

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 Gas112009-02-25189674
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
CondensateDisposition957 bbl$69,535
GasProduction430,986 Mcf$1,986,760
Total$2,056,295

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 32.0703, -94.7333. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.07030, -94.73326 · 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
10,950 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 10,950 ft.

Completions filed
Nov 2012
1 of 1 wells

1 well

42-40134870810,950 ftNov 2012Yes

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 (50)

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

50 months

Nov 201227086.953.62$2,348
Oct 20120089.383.40$0
Sep 201203,40694.672.92$9,940
Aug 201204,28492.662.91$12,459
Jul 20121774,42585.133.02$28,435
Jun 201204,35279.822.52$10,963
May 201204,56591.612.49$11,359
Apr 201204,588101.652.00$9,161
Mar 201204,351105.052.22$9,668
Feb 201212,920101.102.57$7,606
Jan 201204,31098.092.73$11,784
Dec 201104,52396.873.24$14,653
Nov 201104,50095.723.31$14,901
Oct 201105,16684.983.65$18,848
Sep 201104,96783.623.99$19,797
Aug 201104,97883.404.15$20,655
Jul 201105,26794.144.52$23,792
Jun 201104,73592.904.64$21,970
May 201105,52198.134.40$24,319
Apr 20111535,575105.964.33$40,370
Mar 201105,67696.364.06$23,029
Feb 201105,21385.644.18$21,790
Jan 201105,85486.504.59$26,863
Dec 201005,95185.734.35$25,873
Nov 201006,03780.843.80$22,912
Oct 201006,41778.103.51$22,517
Sep 201006,24172.633.98$24,836
Aug 20101936,89373.684.42$44,683
Jul 201006,72672.554.74$31,858
Jun 201007,12870.364.91$35,001
May 201007,57271.124.24$32,069
Apr 201007,43781.694.12$30,660
Mar 201007,86578.394.39$34,517
Feb 201007,45773.585.44$40,584
Jan 201008,54474.365.96$50,957
Dec 200907,90871.445.48$43,366
Nov 200908,05274.593.75$30,207
Oct 200909,17272.544.11$37,699
Sep 20091919,16065.543.06$40,591
Aug 2009010,49267.423.22$33,769
Jul 2009011,27861.133.46$39,073
Jun 2009011,61566.163.90$45,240
May 2009013,24854.743.93$52,008
Apr 2009014,39046.773.59$51,624
Mar 200921317,25442.144.06$79,010
Feb 2009017,49532.814.63$81,054
Jan 2009024,70635.865.37$132,696
Dec 2008131,89537.105.98$190,678
Nov 2008154,27255.496.86$372,381
Oct 200806,60575.246.92$45,720

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 2012 — as filed, then multipliedworked
Condensate            27 bbl  × $ 86.95 =     $2,348
Gas                    0 Mcf  × $  3.62 =         $0

────────────────────────────────────────────────────
Month total                                   $2,348

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/243203 is the state's own key, not one this site invented.