MORGAN

Name: MORGAN lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LARGO OIL COMPANY (P-5 486640) in the MINDEN (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11759District 06Field 61792852OilCasinghead gasSave Export

Value, all time

$956 k

Jan 1993 – Aug 2006

Value, last 12 filed months

$144 k

at the published price for each month

Months reported

164

no gaps in the span

Streams

oil, casinghead gas

The MINDEN (TRAVIS PEAK) 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 28 leases and 28 wells, and the rule below applies to all of them.

Discovered

1953-04-30

as the register files it

Field class

Oil and gas

the register's own label

Between wells

3,960 ft

minimum

From a lease line

1,320 ft

minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: “03/28/2006 PER DOCKET 06-0245877.”

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
Oil	Disposition	25,635 bbl	$622,312
Casinghead gas	Production	119,881 Mcf	$334,040
Total			$956,352

48,028 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 31.9961, -94.6812. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.99611, -94.68117 · 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

7,750 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 7,750 ft.

Completions filed

Jul 1985

1 of 1 wells

1 well


42-40132019	1	7,750 ft	Jul 1985	—	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 (164)

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

164 months


Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	286	926	56.70	7.08	$22,775
Feb 2006	188	903	57.59	7.75	$17,826
Jan 2006	180	1,066	60.59	8.93	$20,429
Dec 2005	208	858	54.94	13.42	$22,938
Nov 2005	213	966	54.69	10.59	$21,877
Oct 2005	205	856	58.34	13.80	$23,769
Sep 2005	0	1,221	61.45	12.08	$14,748
Aug 2005	180	1,152	61.51	9.80	$22,358
Jul 2005	205	1,152	55.69	7.84	$20,452
Jun 2005	186	359	52.33	7.38	$12,383
May 2005	210	535	45.22	6.65	$13,055
Apr 2005	181	1,090	49.20	7.36	$16,928
Mar 2005	181	737	50.37	7.15	$14,390
Feb 2005	187	396	45.22	6.31	$10,956
Jan 2005	216	552	43.16	6.32	$12,812
Dec 2004	210	565	39.86	6.75	$12,185
Nov 2004	211	891	45.28	6.33	$15,194
Oct 2004	358	915	49.70	6.52	$23,754
Sep 2004	0	976	43.24	5.28	$5,157
Aug 2004	181	227	42.37	5.55	$8,929
Jul 2004	184	919	38.28	6.08	$12,635
Jun 2004	0	1,037	36.10	6.43	$6,671
May 2004	209	837	37.48	6.49	$13,269
Apr 2004	211	1,009	34.47	5.86	$13,184
Mar 2004	208	1,475	34.36	5.53	$15,304
Feb 2004	0	940	32.45	5.51	$5,179
Jan 2004	206	1,174	32.03	6.30	$13,994
Dec 2003	425	845	30.26	6.30	$18,185
Nov 2003	1	985	28.80	4.60	$4,555
Oct 2003	0	59	28.17	4.76	$281
Sep 2003	206	4	26.31	4.75	$5,439
Aug 2003	0	458	29.76	5.13	$2,349
Jul 2003	193	484	29.41	5.17	$8,179
Jun 2003	203	466	28.56	5.98	$8,586
May 2003	208	840	26.59	5.97	$10,548
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	182	632	24.56	3.82	$6,887
May 2001	0	952	25.52	4.31	$4,101
Apr 2001	62	504	24.68	5.34	$4,219
Mar 2001	375	487	24.54	5.38	$11,821
Feb 2001	0	738	27.75	5.77	$4,256
Jan 2001	177	310	27.47	8.40	$7,466
Dec 2000	0	225	26.88	9.12	$2,053
Nov 2000	0	225	32.21	5.66	$1,273
Oct 2000	0	488	31.23	5.15	$2,511
Sep 2000	178	733	31.87	5.19	$9,475
Aug 2000	171	683	29.64	4.54	$8,170
Jul 2000	163	811	28.53	4.09	$7,967
Jun 2000	279	809	29.30	4.40	$11,732
May 2000	170	1,220	27.26	3.68	$9,124
Apr 2000	175	994	24.51	3.12	$7,387
Mar 2000	163	1,041	28.42	2.86	$7,609
Feb 2000	299	932	27.62	2.73	$10,799
Jan 2000	365	991	25.27	2.48	$11,682
Dec 1999	176	574	24.28	2.42	$5,665
Nov 1999	0	1,094	23.19	2.43	$2,663
Oct 1999	340	749	20.98	2.80	$9,233
Sep 1999	0	887	21.75	2.62	$2,323
Aug 1999	533	713	19.26	2.88	$12,316
Jul 1999	0	748	17.89	2.37	$1,775
Jun 1999	0	910	15.94	2.36	$2,150
May 1999	511	1,397	15.79	2.32	$11,311
Apr 1999	0	890	15.10	2.21	$1,965
Mar 1999	0	794	12.47	1.84	$1,460
Feb 1999	345	669	9.98	1.82	$4,659
Jan 1999	134	820	10.38	1.90	$2,949
Dec 1998	349	834	9.20	1.77	$4,690
Nov 1998	0	1,320	10.89	2.19	$2,885
Oct 1998	340	796	12.42	1.97	$5,790
Sep 1998	340	1,294	12.59	2.08	$6,976
Aug 1998	166	346	11.30	1.91	$2,536
Jul 1998	0	1,142	11.74	2.24	$2,555
Jun 1998	169	893	11.24	2.24	$3,897
May 1998	517	885	12.62	2.21	$8,477
Apr 1998	0	770	13.04	2.51	$1,929
Mar 1998	174	761	12.80	2.31	$3,985
Feb 1998	178	634	13.95	2.30	$3,941
Jan 1998	0	278	14.70	2.15	$599
Dec 1997	0	278	16.32	2.41	$670
Nov 1997	192	1,001	18.19	3.09	$6,584
Oct 1997	356	943	19.25	3.15	$9,823
Sep 1997	170	1,024	17.74	2.95	$6,042
Aug 1997	173	1,009	17.86	2.55	$5,668
Jul 1997	175	917	17.58	2.25	$5,137
Jun 1997	356	1,079	17.24	2.26	$8,573
May 1997	0	780	18.97	2.31	$1,801
Apr 1997	253	468	17.88	2.08	$5,498
Mar 1997	355	1,482	18.95	1.94	$9,601
Feb 1997	164	802	20.49	2.21	$5,129
Jan 1997	185	1,222	23.48	3.54	$8,669
Dec 1996	0	1,438	23.32	—	$0
Nov 1996	349	938	21.97	—	$7,668
Oct 1996	181	1,237	23.31	—	$4,219
Sep 1996	188	1,051	22.22	—	$4,177
Aug 1996	366	1,253	20.26	—	$7,415
Jul 1996	171	595	19.55	—	$3,343
Jun 1996	188	667	18.73	—	$3,521
May 1996	175	565	19.43	—	$3,400
Apr 1996	370	1,339	21.51	—	$7,959
Mar 1996	178	1,526	19.38	—	$3,450
Feb 1996	234	1,353	16.98	—	$3,973
Jan 1996	172	595	17.07	—	$2,936
Dec 1995	0	968	17.19	—	$0
Nov 1995	354	1,204	16.00	—	$5,664
Oct 1995	169	1,501	15.43	—	$2,608
Sep 1995	359	902	16.18	—	$5,809
Aug 1995	359	541	15.92	—	$5,715
Jul 1995	172	515	15.24	—	$2,621
Jun 1995	604	717	16.41	—	$9,912
May 1995	0	599	17.56	—	$0
Apr 1995	369	568	17.73	—	$6,542
Mar 1995	268	572	16.44	—	$4,406
Feb 1995	511	926	16.58	—	$8,472
Jan 1995	0	500	15.92	—	$0
Dec 1994	0	600	15.03	—	$0
Nov 1994	170	921	15.90	—	$2,703
Oct 1994	0	1,000	15.58	—	$0
Sep 1994	349	1,223	15.29	—	$5,336
Aug 1994	361	1,203	16.13	—	$5,823
Jul 1994	365	1,623	17.56	—	$6,409
Jun 1994	544	1,178	17.09	—	$9,297
May 1994	0	1,671	15.88	—	$0
Apr 1994	728	1,912	14.14	—	$10,294
Mar 1994	0	1,330	12.46	—	$0
Feb 1994	0	653	12.50	—	$0
Jan 1994	0	610	12.66	—	$0
Dec 1993	0	965	12.33	—	$0
Nov 1993	0	725	14.49	—	$0
Oct 1993	182	1,150	15.85	—	$2,885
Sep 1993	0	1,044	15.03	—	$0
Aug 1993	337	1,404	15.66	—	$5,277
Jul 1993	0	1,280	15.46	—	$0
Jun 1993	169	867	16.79	—	$2,838
May 1993	332	1,087	17.68	—	$5,870
Apr 1993	190	725	18.05	—	$3,430
Mar 1993	369	1,015	18.14	—	$6,694
Feb 1993	0	790	17.90	—	$0
Jan 1993	352	982	16.93	—	$5,959

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.

Mar 2006 — as filed, then multipliedworked

Oil                  286 bbl  × $ 56.70 =    $16,216
Casinghead gas       926 Mcf  × $  7.08 =     $6,559

────────────────────────────────────────────────────
Month total                                  $22,775

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/O/11759 is the state's own key, not one this site invented.