HAYNES

Operated by THUNDERBIRD (TEXAS) RESOURCES LP (P-5 858348) in the JAMES BAYOU (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 263538District 06Field 45563500NGPA filingCondensateGasSaveExport
Value, all time
$491 k
Jul 2011 – Mar 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
57
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
2011-07-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-03-26.

The Commission's schedule remark for this field reads: FORMULA IS SUSPENDED.

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
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
CondensateDisposition4,356 bbl$414,105
GasProduction24,372 Mcf$77,093
Total$491,199

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 32.8673, -94.1144. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.86734, -94.11440 · 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
10,851 ft
1 wells filed one
Completion to plug
2.5 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 10,851 ft.

Completions filed
Jul 2011
1 of 1 wells
Plug dates filed
Jan 2014
1 of 1 wells

Last completion to plug: a median of 2.5 years across the 1 well that filed both dates, with the middle half between 2.5 years and 2.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-31530969110,851 ftJul 2011Jan 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 (57)

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

57 months

Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
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 201415546097.406.19$17,945
Jan 2014046090.404.86$2,236
Dec 201319151991.824.35$19,798
Nov 2013051988.853.74$1,940
Oct 201318671497.423.78$20,819
Sep 20130714104.113.72$2,654
Aug 2013184637104.253.52$21,426
Jul 2013172285102.523.72$18,693
Jun 2013052594.403.93$2,065
May 201318941794.834.15$19,653
Apr 2013055593.964.28$2,377
Mar 201318755393.623.91$19,671
Feb 201316455591.233.42$16,860
Jan 2013065591.603.42$2,240
Dec 201218544786.773.42$17,581
Nov 2012085986.953.62$3,114
Oct 201218551289.383.40$18,276
Sep 201218451294.672.92$18,914
Aug 20121821,29492.662.91$20,627
Jul 20123511,15485.133.02$33,367
Jun 201219791779.822.52$18,035
May 201201,30191.612.49$3,237
Apr 20123842,230101.652.00$43,486
Mar 2012372415105.052.22$40,001
Feb 20121922,463101.102.57$25,742
Jan 20123772,28498.092.73$43,225
Dec 20111902,23896.873.24$25,656
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011129083.404.15$10,759
Jul 2011017894.144.52$804

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           155 bbl  × $ 97.40 =    $15,097
Gas                  460 Mcf  × $  6.19 =     $2,848

────────────────────────────────────────────────────
Month total                                  $17,945

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/263538 is the state's own key, not one this site invented.