NESBITT, W. T. ET AL GAS UNIT 3

Name: NESBITT, W. T. ET AL GAS UNIT 3 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BACHTELL OIL & GAS, LTD. (P-5 42327) in the HALLSVILLE, NE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 87675District 06Field 38291200NGPA filingCondensateGasSave Export

Value, all time

$471 k

Jan 1993 – Jun 2014

Value, last 12 filed months

$35 k

at the published price for each month

Months reported

258

no gaps in the span

Streams

condensate, gas

The HALLSVILLE, NE (COTTON VALLEY) field

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 43 leases and 43 wells, and the rule below applies to all of them.

Discovered

1980-01-17

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 40 acres. The field rule took effect on 2014-06-17.

The Commission's schedule remark for this field reads: “FROM OCTOBER TO DECEMBER. SEE DOCKET FOR HORIZONTAL RULES.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	81 bbl	$7,735
Gas	Production	77,847 Mcf	$462,970
Total			$470,704

157 Mcf of this lease's gas, across 4 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 32.5945, -94.4670. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.59445, -94.46702 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,381 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 10,381 ft.

Completions filed

Jun 2014

1 of 1 wells

1 well


42-20330689	1	10,381 ft	Jun 2014	—	Yes

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 (258)

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

258 months


Jun 2014	62	0	98.16	4.74	$6,086
May 2014	0	290	94.73	4.73	$1,371
Apr 2014	0	679	95.94	4.81	$3,265
Mar 2014	0	1,084	95.89	5.06	$5,482
Feb 2014	0	443	97.40	6.19	$2,743
Jan 2014	0	708	90.40	4.86	$3,441
Dec 2013	0	1,016	91.82	4.35	$4,424
Nov 2013	0	1,230	88.85	3.74	$4,598
Oct 2013	0	453	97.42	3.78	$1,712
Sep 2013	0	354	104.11	3.72	$1,316
Aug 2013	0	177	104.25	3.52	$624
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	19	0	86.77	3.42	$1,649
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	5	83.40	4.15	$21
Jul 2011	0	49	94.14	4.52	$221
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	102	98.13	4.40	$449
Apr 2011	0	4	105.96	4.33	$17
Mar 2011	0	34	96.36	4.06	$138
Feb 2011	0	402	85.64	4.18	$1,680
Jan 2011	0	43	86.50	4.59	$197
Dec 2010	0	122	85.73	4.35	$530
Nov 2010	0	335	80.84	3.80	$1,271
Oct 2010	0	154	78.10	3.51	$540
Sep 2010	0	100	72.63	3.98	$398
Aug 2010	0	740	73.68	4.42	$3,270
Jul 2010	0	1,253	72.55	4.74	$5,935
Jun 2010	0	1,428	70.36	4.91	$7,012
May 2010	0	1,432	71.12	4.24	$6,065
Apr 2010	0	1,406	81.69	4.12	$5,797
Mar 2010	0	1,725	78.39	4.39	$7,570
Feb 2010	0	1,365	73.58	5.44	$7,429
Jan 2010	0	1,471	74.36	5.96	$8,773
Dec 2009	0	1,289	71.44	5.48	$7,069
Nov 2009	0	1,587	74.59	3.75	$5,954
Oct 2009	0	1,503	72.54	4.11	$6,178
Sep 2009	0	1,133	65.54	3.06	$3,472
Aug 2009	0	455	67.42	3.22	$1,464
Jul 2009	0	87	61.13	3.46	$301
Jun 2009	0	58	66.16	3.90	$226
May 2009	0	510	54.74	3.93	$2,002
Apr 2009	0	92	46.77	3.59	$330
Mar 2009	0	12	42.14	4.06	$49
Feb 2009	0	147	32.81	4.63	$681
Jan 2009	0	108	35.86	5.37	$580
Dec 2008	0	166	37.10	5.98	$992
Nov 2008	0	128	55.49	6.86	$878
Oct 2008	0	628	75.24	6.92	$4,347
Sep 2008	0	1,333	101.76	7.88	$10,500
Aug 2008	0	1,776	114.22	8.48	$15,066
Jul 2008	0	1,675	131.08	11.39	$19,077
Jun 2008	0	372	131.33	13.03	$4,848
May 2008	0	1,490	123.17	11.57	$17,246
Apr 2008	0	785	110.31	10.45	$8,207
Mar 2008	0	848	101.90	9.66	$8,195
Feb 2008	0	2,084	92.53	8.77	$18,278
Jan 2008	0	2,116	90.38	8.21	$17,363
Dec 2007	0	1,375	88.33	7.30	$10,040
Nov 2007	0	1,177	91.67	7.29	$8,582
Oct 2007	0	417	82.85	6.92	$2,886
Sep 2007	0	602	75.84	6.24	$3,759
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	526	62.00	7.55	$3,970
May 2007	0	514	58.74	7.85	$4,033
Apr 2007	0	889	59.61	7.81	$6,939
Mar 2007	0	172	56.92	7.30	$1,256
Feb 2007	0	221	55.10	8.22	$1,816
Jan 2007	0	667	50.30	6.73	$4,487
Dec 2006	0	744	56.65	6.92	$5,147
Nov 2006	0	56	54.20	7.62	$427
Oct 2006	0	1,172	54.90	6.01	$7,048
Sep 2006	0	1,099	60.08	5.04	$5,536
Aug 2006	0	499	68.71	7.34	$3,663
Jul 2006	0	592	69.37	6.34	$3,755
Jun 2006	0	171	66.28	6.38	$1,092
May 2006	0	474	66.01	6.42	$3,045
Apr 2006	0	608	64.39	7.36	$4,475
Mar 2006	0	839	56.70	7.08	$5,943
Feb 2006	0	915	57.59	7.75	$7,092
Jan 2006	0	461	60.59	8.93	$4,118
Dec 2005	0	15	54.94	13.42	$201
Nov 2005	0	318	54.69	10.59	$3,367
Oct 2005	0	318	58.34	13.80	$4,387
Sep 2005	0	326	61.45	12.08	$3,938
Aug 2005	0	111	61.51	9.80	$1,087
Jul 2005	0	130	55.69	7.84	$1,020
Jun 2005	0	210	52.33	7.38	$1,550
May 2005	0	40	45.22	6.65	$266
Apr 2005	0	497	49.20	7.36	$3,658
Mar 2005	0	101	50.37	7.15	$723
Feb 2005	0	274	45.22	6.31	$1,729
Jan 2005	0	116	43.16	6.32	$733
Dec 2004	0	115	39.86	6.75	$776
Nov 2004	0	88	45.28	6.33	$557
Oct 2004	0	196	49.70	6.52	$1,277
Sep 2004	0	206	43.24	5.28	$1,088
Aug 2004	0	449	42.37	5.55	$2,492
Jul 2004	0	387	38.28	6.08	$2,355
Jun 2004	0	349	36.10	6.43	$2,245
May 2004	0	514	37.48	6.49	$3,338
Apr 2004	0	561	34.47	5.86	$3,287
Mar 2004	0	705	34.36	5.53	$3,899
Feb 2004	0	504	32.45	5.51	$2,777
Jan 2004	0	348	32.03	6.30	$2,192
Dec 2003	0	462	30.26	6.30	$2,911
Nov 2003	0	626	28.80	4.60	$2,877
Oct 2003	0	404	28.17	4.76	$1,923
Sep 2003	0	587	26.31	4.75	$2,788
Aug 2003	0	662	29.76	5.13	$3,396
Jul 2003	0	514	29.41	5.17	$2,658
Jun 2003	0	539	28.56	5.98	$3,225
May 2003	0	507	26.59	5.97	$3,028
Apr 2003	0	534	26.67	5.41	$2,887
Mar 2003	0	436	31.14	6.10	$2,658
Feb 2003	0	641	33.48	7.93	$5,080
Jan 2003	0	674	30.31	5.58	$3,762
Dec 2002	0	856	26.91	4.85	$4,155
Nov 2002	0	402	24.66	4.14	$1,663
Oct 2002	0	100	26.46	4.23	$423
Sep 2002	0	184	27.44	3.64	$669
Aug 2002	0	192	25.96	3.16	$608
Jul 2002	0	242	24.58	3.06	$741
Jun 2002	0	204	23.73	3.34	$681
May 2002	0	146	24.66	3.58	$523
Apr 2002	0	100	23.65	3.51	$351
Mar 2002	0	189	22.00	3.10	$586
Feb 2002	0	94	18.22	2.38	$223
Jan 2002	0	75	17.17	2.38	$178
Dec 2001	0	107	16.93	2.36	$253
Nov 2001	0	142	18.07	2.41	$342
Oct 2001	0	115	19.78	2.53	$291
Sep 2001	0	114	24.26	2.25	$257
Aug 2001	0	143	24.87	3.05	$437
Jul 2001	0	319	23.93	3.20	$1,020
Jun 2001	0	149	24.56	3.82	$570
May 2001	0	122	25.52	4.31	$525
Apr 2001	0	112	24.68	5.34	$598
Mar 2001	0	181	24.54	5.38	$973
Feb 2001	0	186	27.75	5.77	$1,073
Jan 2001	0	147	27.47	8.40	$1,235
Dec 2000	0	197	26.88	9.12	$1,797
Nov 2000	0	193	32.21	5.66	$1,092
Oct 2000	0	113	31.23	5.15	$581
Sep 2000	0	74	31.87	5.19	$384
Aug 2000	0	38	29.64	4.54	$173
Jul 2000	0	29	28.53	4.09	$119
Jun 2000	0	47	29.30	4.40	$207
May 2000	0	122	27.26	3.68	$449
Apr 2000	0	101	24.51	3.12	$315
Mar 2000	0	229	28.42	2.86	$655
Feb 2000	0	525	27.62	2.73	$1,431
Jan 2000	0	576	25.27	2.48	$1,429
Dec 1999	0	462	24.28	2.42	$1,120
Nov 1999	0	646	23.19	2.43	$1,572
Oct 1999	0	1,127	20.98	2.80	$3,160
Sep 1999	0	818	21.75	2.62	$2,142
Aug 1999	0	882	19.26	2.88	$2,536
Jul 1999	0	250	17.89	2.37	$593
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	0	0	17.24	2.26	$0
May 1997	0	0	18.97	2.31	$0
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	0	0	18.95	1.94	$0
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	0	0	23.48	3.54	$0
Dec 1996	0	0	23.32	—	$0
Nov 1996	0	0	21.97	—	$0
Oct 1996	0	0	23.31	—	$0
Sep 1996	0	0	22.22	—	$0
Aug 1996	0	0	20.26	—	$0
Jul 1996	0	0	19.55	—	$0
Jun 1996	0	0	18.73	—	$0
May 1996	0	0	19.43	—	$0
Apr 1996	0	0	21.51	—	$0
Mar 1996	0	0	19.38	—	$0
Feb 1996	0	0	16.98	—	$0
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	58	15.88	—	$0
Apr 1994	0	75	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	3	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	0	0	15.03	—	$0
Aug 1993	0	0	15.66	—	$0
Jul 1993	0	0	15.46	—	$0
Jun 1993	0	0	16.79	—	$0
May 1993	0	0	17.68	—	$0
Apr 1993	0	21	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	0	16.93	—	$0

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.

Jun 2014 — as filed, then multipliedworked

Condensate            62 bbl  × $ 98.16 =     $6,086
Gas                    0 Mcf  × $  4.74 =         $0

────────────────────────────────────────────────────
Month total                                   $6,086

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/87675 is the state's own key, not one this site invented.