BRODERICK GU 2, BESS SMITH

Operated by EXXON MOBIL CORPORATION (P-5 257128) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 74701District 06Field 16032174NGPA filingCondensateGasSaveExport
Value, all time
$87 k
Jan 1993 – Oct 2004
Value, last 12 filed months
$0
at the published price for each month
Months reported
142
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
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 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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
CondensateDisposition3,256 bbl$56,986
GasProduction155,851 Mcf$30,080
Total$87,066

143,341 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.0774, -94.2172. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.07745, -94.21716 · 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
9,400 ft
1 wells filed one
Completion to plug
26.9 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 9,400 ft.

Completions filed
Nov 1977
1 of 1 wells
Plug dates filed
Oct 2004
1 of 1 wells

Last completion to plug: a median of 26.9 years across the 1 well that filed both dates, with the middle half between 26.9 years and 26.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3653058019,400 ftNov 1977Oct 2004Yes

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 (142)

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

142 months

Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 199909819.262.88$282
Jul 1999015517.892.37$368
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19981012.622.21$13
Apr 19980013.042.51$0
Mar 19982012.802.31$26
Feb 19983013.952.30$42
Jan 19985014.702.15$74
Dec 19970016.322.41$0
Nov 199711018.193.09$200
Oct 199704719.253.15$148
Sep 199721017.742.95$373
Aug 19970017.862.55$0
Jul 1997015817.582.25$355
Jun 19978627217.242.26$2,097
May 19971261,98018.972.31$6,961
Apr 19971852,28417.882.08$8,065
Mar 19971722,88618.951.94$8,856
Feb 19971622,24920.492.21$8,280
Jan 19971392,38123.483.54$11,692
Dec 19961032,54623.32$2,402
Nov 199602,55421.97$0
Oct 199623,15223.31$47
Sep 199603,56422.22$0
Aug 1996192,93020.26$385
Jul 1996164,17519.55$313
Jun 199602,43118.73$0
May 1996892,46019.43$1,729
Apr 19961203,23021.51$2,581
Mar 19961363,42619.38$2,636
Feb 19961343,17916.98$2,275
Jan 19961213,46917.07$2,065
Dec 19951222,45817.19$2,097
Nov 199502,12716.00$0
Oct 19951991,88615.43$3,071
Sep 199501,97916.18$0
Aug 19951033,85015.92$1,640
Jul 1995672,77015.24$1,021
Jun 1995022616.41$0
May 199502,51417.56$0
Apr 199501,30117.73$0
Mar 19951293,44616.44$2,121
Feb 1995662,70816.58$1,094
Jan 1995903,39215.92$1,433
Dec 19941102,13715.03$1,653
Nov 199402,60815.90$0
Oct 19941073,62415.58$1,667
Sep 1994863,49515.29$1,315
Aug 199403,86216.13$0
Jul 1994673,29617.56$1,177
Jun 19941173,44817.09$2,000
May 199403,69815.88$0
Apr 1994772,39714.14$1,089
Mar 1994682,89812.46$847
Feb 199401,65212.50$0
Jan 1994582,10812.66$734
Dec 19931033,53012.33$1,270
Nov 199302,82414.49$0
Oct 199384,42215.85$127
Sep 199302,94015.03$0
Aug 199304,91115.66$0
Jul 199304,71715.46$0
Jun 199302,37616.79$0
May 199302,92117.68$0
Apr 199313,16918.05$18
Mar 199323,97918.14$36
Feb 199352,90117.90$90
Jan 1993183,65516.93$305

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.

Aug 1999 — as filed, then multipliedworked
Condensate             0 bbl  × $ 19.26 =         $0
Gas                   98 Mcf  × $  2.88 =       $282

────────────────────────────────────────────────────
Month total                                     $282

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/74701 is the state's own key, not one this site invented.