ROBERTSON, GEORGE

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the BECKVILLE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 87532District 06Field 06648500NGPA filingCondensateGasSaveExport
Value, all time
$742 k
Jan 1993 – Feb 2017
Value, last 12 filed months
$329
at the published price for each month
Months reported
290
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 503 leases and 503 wells, and the rule below applies to all of them.

Discovered
1974-05-21
as the register files it
Field class
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 2015-02-24.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
NGPA2none

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
CondensateDisposition2,200 bbl$79,575
GasProduction208,786 Mcf$662,025
Total$741,600

86,681 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 32.3626, -94.3668. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.36263, -94.36677 · 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
10,200 ft
1 wells filed one
Completion to plug
36.8 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 10,200 ft.

Completions filed
Mar 1980
1 of 1 wells
Plug dates filed
Dec 2016
1 of 1 wells

Last completion to plug: a median of 36.8 years across the 1 well that filed both dates, with the middle half between 36.8 years and 36.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20330646110,200 ftMar 1980Dec 2016Yes

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 (290)

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

290 months

Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20162248.763.72$105
Nov 20161142.492.64$45
Oct 20160046.193.09$0
Sep 20164441.553.10$179
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
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 201409595.895.06$480
Feb 20140097.406.19$0
Jan 20140090.404.86$0
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 201305394.834.15$220
Apr 201306693.964.28$283
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 201306491.603.42$219
Dec 201202686.773.42$89
Nov 20120686.953.62$22
Oct 201202989.383.40$99
Sep 201206294.672.92$181
Aug 2012018492.662.91$535
Jul 2012021285.133.02$640
Jun 2012024079.822.52$605
May 2012032791.612.49$814
Apr 20120439101.652.00$877
Mar 201201,021105.052.22$2,269
Feb 20120262101.102.57$673
Jan 2012034298.092.73$935
Dec 2011027396.873.24$884
Nov 2011042295.723.31$1,397
Oct 2011055084.983.65$2,007
Sep 2011033383.623.99$1,327
Aug 201101,00883.404.15$4,183
Jul 2011060194.144.52$2,715
Jun 201101,20392.904.64$5,582
May 2011025798.134.40$1,132
Apr 201101,257105.964.33$5,447
Mar 2011042896.364.06$1,737
Feb 2011083985.644.18$3,507
Jan 2011036486.504.59$1,670
Dec 2010080085.734.35$3,478
Nov 2010078480.843.80$2,976
Oct 2010084478.103.51$2,962
Sep 2010029472.633.98$1,170
Aug 201001,12573.684.42$4,972
Jul 2010018972.554.74$895
Jun 2010061970.364.91$3,040
May 2010065471.124.24$2,770
Apr 2010056181.694.12$2,313
Mar 2010062978.394.39$2,760
Feb 2010253973.585.44$3,081
Jan 2010066674.365.96$3,972
Dec 20091086671.445.48$5,463
Nov 2009032874.593.75$1,230
Oct 200901,00172.544.11$4,114
Sep 200903165.543.06$95
Aug 2009047067.423.22$1,513
Jul 2009048561.133.46$1,680
Jun 20093069466.163.90$4,688
May 2009172154.743.93$2,885
Apr 2009161246.773.59$2,242
Mar 200911,13242.144.06$4,637
Feb 20092936232.814.63$2,629
Jan 2009282435.865.37$4,497
Dec 20083093037.105.98$6,672
Nov 200801,02355.496.86$7,018
Oct 2008040675.246.92$2,810
Sep 20080447101.767.88$3,521
Aug 20087732114.228.48$9,066
Jul 20080944131.0811.39$10,752
Jun 20080766131.3313.03$9,983
May 200873989123.1711.57$20,438
Apr 200801,002110.3110.45$10,476
Mar 200845912101.909.66$13,399
Feb 2008089192.538.77$7,815
Jan 200801,04790.388.21$8,591
Dec 200701,17088.337.30$8,543
Nov 200701,19491.677.29$8,706
Oct 200701,25882.856.92$8,708
Sep 2007201,12775.846.24$8,554
Aug 200701,78869.066.39$11,422
Jul 200701,45670.906.39$9,301
Jun 2007087062.007.55$6,567
May 200701,22958.747.85$9,643
Apr 200701,14759.617.81$8,953
Mar 20071782756.927.30$7,006
Feb 2007045255.108.22$3,714
Jan 200701,02150.306.73$6,868
Dec 2006068656.656.92$4,746
Nov 2006068154.207.62$5,188
Oct 2006271,33854.906.01$9,529
Sep 200601,28960.085.04$6,493
Aug 2006060168.717.34$4,411
Jul 2006079069.376.34$5,011
Jun 2006071266.286.38$4,545
May 20061264066.016.42$4,904
Apr 200601,23264.397.36$9,068
Mar 200601,09756.707.08$7,770
Feb 2006084757.597.75$6,565
Jan 20066042460.598.93$7,423
Dec 2005010354.9413.42$1,382
Nov 20050454.6910.59$42
Oct 20054353558.3413.80$9,889
Sep 2005052961.4512.08$6,390
Aug 2005047161.519.80$4,614
Jul 20053366355.697.84$7,038
Jun 2005050052.337.38$3,691
May 2005064845.226.65$4,310
Apr 200501,25149.207.36$9,208
Mar 2005069650.377.15$4,980
Feb 20056174745.226.31$7,473
Jan 2005079743.166.32$5,039
Dec 2004077939.866.75$5,259
Nov 20044362045.286.33$5,872
Oct 2004061849.706.52$4,026
Sep 2004091743.245.28$4,845
Aug 200401,01042.375.55$5,606
Jul 20042878138.286.08$5,824
Jun 2004084236.106.43$5,417
May 200401,26637.486.49$8,222
Apr 20044623434.475.86$2,957
Mar 200401,53934.365.53$8,511
Feb 2004092332.455.51$5,085
Jan 200401,24332.036.30$7,830
Dec 20037218530.266.30$3,345
Nov 2003045628.804.60$2,095
Oct 2003086828.174.76$4,131
Sep 200301,51226.314.75$7,181
Aug 20036838729.765.13$4,009
Jul 2003074329.415.17$3,842
Jun 200301,39228.565.98$8,328
May 200301,64926.595.97$9,849
Apr 2003097026.675.41$5,245
Mar 20036084631.146.10$7,026
Feb 200301,38033.487.93$10,938
Jan 2003096730.315.58$5,398
Dec 20023896526.914.85$5,706
Nov 2002065224.664.14$2,697
Oct 20022783626.464.23$4,250
Sep 2002067127.443.64$2,439
Aug 2002071325.963.16$2,256
Jul 2002161,14224.583.06$3,890
Jun 2002095823.733.34$3,198
May 20021592724.663.58$3,692
Apr 2002261,18823.653.51$4,788
Mar 2002082922.003.10$2,572
Feb 20021473518.222.38$2,001
Jan 2002092817.172.38$2,205
Dec 2001063216.932.36$1,494
Nov 2001747418.072.41$1,267
Oct 2001885819.782.53$2,328
Sep 20011695124.262.25$2,529
Aug 2001828124.873.05$1,057
Jul 20011455023.933.20$2,093
Jun 2001141,00024.563.82$4,168
May 200101,20325.524.31$5,182
Apr 20011669324.685.34$4,092
Mar 20010024.545.38$0
Feb 20012276727.755.77$5,034
Jan 20011921927.478.40$2,361
Dec 2000054726.889.12$4,990
Nov 200061,09432.215.66$6,383
Oct 20001150431.235.15$2,937
Sep 20001322731.875.19$1,592
Aug 2000041729.644.54$1,893
Jul 20001790428.534.09$4,182
Jun 20001135629.304.40$1,888
May 20001390427.263.68$3,681
Apr 2000033524.513.12$1,044
Mar 20001686928.422.86$2,940
Feb 20002527827.622.73$1,448
Jan 2000019125.272.48$474
Dec 19993445524.282.42$1,928
Nov 199908223.192.43$200
Oct 199901,05920.982.80$2,969
Sep 1999027321.752.62$715
Aug 1999085919.262.88$2,470
Jul 1999060417.892.37$1,433
Jun 1999015815.942.36$373
May 19991641815.792.32$1,223
Apr 1999051215.102.21$1,131
Mar 19991137412.471.84$825
Feb 199904019.981.82$729
Jan 199907810.381.90$148
Dec 199805619.201.77$995
Nov 199805410.892.19$118
Oct 1998033112.421.97$652
Sep 199801312.592.08$27
Aug 1998012311.301.91$235
Jul 1998055711.742.24$1,246
Jun 199801911.242.24$43
May 199802112.622.21$46
Apr 199803413.042.51$85
Mar 199819212.802.31$225
Feb 1998210913.952.30$279
Jan 1998527614.702.15$668
Dec 199702316.322.41$55
Nov 1997010018.193.09$309
Oct 1997029019.253.15$913
Sep 19971124617.742.95$922
Aug 199709617.862.55$245
Jul 1997031817.582.25$715
Jun 1997011717.242.26$264
May 199707518.972.31$173
Apr 19970617.882.08$13
Mar 19970018.951.94$0
Feb 199701120.492.21$24
Jan 1997282623.483.54$749
Dec 1996354723.32$816
Nov 19960421.97$0
Oct 1996079123.31$0
Sep 199601,67922.22$0
Aug 199601,70820.26$0
Jul 199601,51319.55$0
Jun 199601,57918.73$0
May 199601,36219.43$0
Apr 1996771,40321.51$1,656
Mar 199601,26119.38$0
Feb 199601,29216.98$0
Jan 199601,29317.07$0
Dec 199501,51717.19$0
Nov 199501,42616.00$0
Oct 1995781,29215.43$1,204
Sep 199501,44216.18$0
Aug 199501,32815.92$0
Jul 199501,77715.24$0
Jun 199501,80716.41$0
May 199501,93317.56$0
Apr 1995961,71517.73$1,702
Mar 199502,01316.44$0
Feb 199501,96116.58$0
Jan 199501,90815.92$0
Dec 199401,89615.03$0
Nov 1994522,08115.90$827
Oct 1994552,34015.58$857
Sep 199402,25915.29$0
Aug 199402,21516.13$0
Jul 199402,71317.56$0
Jun 199402,64217.09$0
May 1994742,75215.88$1,175
Apr 199402,06414.14$0
Mar 199402,08612.46$0
Feb 199422,04312.50$25
Jan 19941132,02412.66$1,431
Dec 199302,44712.33$0
Nov 199302,72714.49$0
Oct 199302,33415.85$0
Sep 1993481,77515.03$721
Aug 1993451,86315.66$705
Jul 199302,21015.46$0
Jun 199302,51016.79$0
May 1993541,87117.68$955
Apr 199322,02218.05$36
Mar 1993471,67018.14$853
Feb 199311,76417.90$18
Jan 1993432,32216.93$728

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.

Dec 2016 — as filed, then multipliedworked
Condensate             2 bbl  × $ 48.76 =        $98
Gas                    2 Mcf  × $  3.72 =         $7

────────────────────────────────────────────────────
Month total                                     $105

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/87532 is the state's own key, not one this site invented.