HULL UNIT A

Operated by PENNZENERGY EXP. & PROD., L.L.C. (P-5 652345) 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 98674District 06Field 16032174NGPA filingCondensateGasSaveExport
Value, all time
$88 k
Jan 1993 – Jul 1999
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
79
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
CondensateDisposition4,751 bbl$75,898
GasProduction388,955 Mcf$11,746
Total$87,644

384,004 Mcf of this lease's gas, across 47 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 32.1404, -94.2444. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14037, -94.24438 · 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
0.0%
0 of 1 wells
Median depth
9,617 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 9,617 ft.

Completions filed
Apr 2017
1 of 1 wells

1 well

42-36531334A 239,617 ftApr 2017Yes

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 (79)

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

79 months

Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19991015.792.32$16
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 19998809.981.82$878
Jan 1999033310.381.90$633
Dec 199802759.201.77$488
Nov 1998053910.892.19$1,178
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 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 1997035018.193.09$1,081
Oct 1997038119.253.15$1,200
Sep 1997077217.742.95$2,281
Aug 1997045717.862.55$1,168
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 1997099217.882.08$2,066
Mar 1997085218.951.94$1,652
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 1996020721.97$0
Oct 199606323.31$0
Sep 199604722.22$0
Aug 1996020120.26$0
Jul 1996010819.55$0
Jun 1996016218.73$0
May 1996023519.43$0
Apr 1996018621.51$0
Mar 1996026119.38$0
Feb 1996080816.98$0
Jan 199618198817.07$3,090
Dec 1995010,54417.19$0
Nov 19952129,55816.00$3,392
Oct 199508,98715.43$0
Sep 19951767,63916.18$2,848
Aug 199509,38515.92$0
Jul 199521410,64015.24$3,261
Jun 199509,89016.41$0
May 199520711,05217.56$3,635
Apr 1995010,34217.73$0
Mar 199518811,33016.44$3,091
Feb 199521710,44116.58$3,598
Jan 199521511,98315.92$3,423
Dec 199419012,32415.03$2,856
Nov 1994012,15815.90$0
Oct 199418810,82415.58$2,929
Sep 199418012,70215.29$2,752
Aug 1994013,39016.13$0
Jul 19942089,91617.56$3,652
Jun 19942099,25617.09$3,572
May 199409,17415.88$0
Apr 199408,31414.14$0
Mar 19942159,41412.46$2,679
Feb 199407,58212.50$0
Jan 199421710,00912.66$2,747
Dec 1993010,52812.33$0
Nov 199318810,10714.49$2,724
Oct 19931779,76515.85$2,805
Sep 199309,43915.03$0
Aug 199308,70715.66$0
Jul 199321113,04115.46$3,262
Jun 199321611,12216.79$3,627
May 199319112,93217.68$3,377
Apr 1993012,92018.05$0
Mar 199321111,67318.14$3,828
Feb 199322810,72117.90$4,081
Jan 199322312,92916.93$3,775

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.

May 1999 — as filed, then multipliedworked
Condensate             1 bbl  × $ 15.79 =        $16
Gas                    0 Mcf  × $  2.32 =         $0

────────────────────────────────────────────────────
Month total                                      $16

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/98674 is the state's own key, not one this site invented.