BRADY ESTATE

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

Gas lease lease 277996District 06Field 61792380CondensateGasSave
Value, all time
$188 k
Dec 2014 – Dec 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
73
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition2,033 bbl$94,107
GasProduction30,737 Mcf$93,933
Total$188,040

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 32.0531, -94.5644. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.05309, -94.56440 · 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
10,000 ft
1 wells filed one
Completion to plug
6.4 years
median over 1 wells

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 10,000 ft.

Completions filed
Jan 2019
1 of 1 wells
Plug dates filed
Jun 2025
1 of 1 wells

Last completion to plug: a median of 6.4 years across the 1 well that filed both dates, with the middle half between 6.4 years and 6.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-36537193210,000 ftJan 2019Jun 2025Yes

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 (73)

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

73 months

Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 201920055.302.75$1,106
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019181058.482.74$10,585
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 201902446.033.23$77
Dec 20180946.594.19$38
Nov 201801252.934.24$51
Oct 20180861.443.40$27
Sep 201802259.543.11$68
Aug 20181773159.403.07$10,609
Jul 2018014465.142.93$422
Jun 201808060.183.08$246
May 2018023165.382.90$670
Apr 2018015063.842.90$435
Mar 20181738761.222.79$10,834
Feb 2018032161.782.77$888
Jan 2018036462.874.01$1,459
Dec 2017027857.272.92$812
Nov 2017025555.423.12$795
Oct 2017031449.292.98$937
Sep 201717934447.523.09$9,568
Aug 2017042045.373.00$1,262
Jul 2017055143.873.09$1,701
Jun 201717851742.493.09$9,159
May 2017055845.373.26$1,821
Apr 2017077047.933.21$2,473
Mar 201712122846.772.98$6,339
Feb 2017020750.452.95$611
Jan 2017025849.413.42$882
Dec 2016038048.763.72$1,415
Nov 2016025242.492.64$666
Oct 2016025346.193.09$782
Sep 201616931441.553.10$7,996
Aug 2016037741.442.92$1,102
Jul 201616350041.622.92$8,246
Jun 2016048945.352.69$1,313
May 2016056142.521.99$1,117
Apr 2016056436.561.99$1,123
Mar 201615965333.011.79$6,420
Feb 2016046526.472.06$960
Jan 201601,14227.352.36$2,700
Dec 201517597132.362.00$7,606
Nov 20151791,60738.792.17$10,426
Oct 2015060543.552.43$1,468
Sep 201508442.992.76$232
Aug 2015010040.162.87$287
Jul 2015025448.152.95$748
Jun 201507556.152.88$216
May 201501055.212.96$30
Apr 201515934449.822.71$8,852
Mar 2015083942.892.93$2,462
Feb 2015091544.662.98$2,723
Jan 201501,42343.433.10$4,412
Dec 2014011,37754.693.59$40,859

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 2019 — as filed, then multipliedworked
Condensate            20 bbl  × $ 55.30 =     $1,106
Gas                    0 Mcf  × $  2.75 =         $0

────────────────────────────────────────────────────
Month total                                   $1,106

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/277996 is the state's own key, not one this site invented.