JONES "QQ"

Operated by NADEL AND GUSSMAN, L.L.C. (P-5 598935) in the MINDEN, E. (TRAVIS PEAK TRANS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12311District 06Field 61796550OilCasinghead gasSaveExport
Value, all time
$406 k
Jan 1993 – Dec 2006
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
168
no gaps in the span
Streams
2
oil, casinghead 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 19 leases and 22 wells, and the rule below applies to all of them.

Discovered
1980-01-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 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.

StreamBasisVolumeValue
OilDisposition17,863 bbl$370,898
Casinghead gasProduction39,442 Mcf$35,201
Total$406,099

32,817 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 32.0789, -94.7627. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.07890, -94.76271 · 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
7,601 ft
1 wells filed one
Completion to plug
24.3 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 7,601 ft.

Completions filed
Feb 1988
1 of 1 wells
Plug dates filed
May 2012
1 of 1 wells

Last completion to plug: a median of 24.3 years across the 1 well that filed both dates, with the middle half between 24.3 years and 24.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4013208317,601 ftFeb 1988May 2012Yes

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 (168)

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

168 months

Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006242056.707.08$13,721
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 2005187061.4512.08$11,491
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005193049.207.36$9,496
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 2004177045.286.33$8,015
Oct 2004011749.706.52$762
Sep 2004023143.245.28$1,221
Aug 2004023342.375.55$1,293
Jul 200418730838.286.08$9,032
Jun 2004017936.106.43$1,152
May 2004029237.486.49$1,896
Apr 200417929034.475.86$7,869
Mar 2004028134.365.53$1,554
Feb 2004022232.455.51$1,223
Jan 200417723932.036.30$7,175
Dec 2003033530.266.30$2,111
Nov 200319823028.804.60$6,759
Oct 2003022928.174.76$1,090
Sep 200319028326.314.75$6,343
Aug 2003021529.765.13$1,103
Jul 2003028129.415.17$1,453
Jun 200318928628.565.98$7,109
May 2003025926.595.97$1,547
Apr 2003034626.675.41$1,871
Mar 200319424631.146.10$7,541
Feb 2003019333.487.93$1,530
Jan 2003039630.315.58$2,210
Dec 2002020226.914.85$980
Nov 2002207024.664.14$5,105
Oct 20020026.464.23$0
Sep 2002191027.443.64$5,241
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 2002192023.733.34$4,556
May 20020024.663.58$0
Apr 2002192023.653.51$4,541
Mar 2002172022.003.10$3,784
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001187016.932.36$3,166
Nov 20010018.072.41$0
Oct 2001185019.782.53$3,659
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 2001192023.933.20$4,595
Jun 20010024.563.82$0
May 2001188025.524.31$4,798
Apr 2001189024.685.34$4,665
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 2000186026.889.12$5,000
Nov 20000032.215.66$0
Oct 2000193031.235.15$6,027
Sep 20000031.875.19$0
Aug 2000192029.644.54$5,691
Jul 20000028.534.09$0
Jun 2000189029.304.40$5,538
May 20000027.263.68$0
Apr 2000194024.513.12$4,755
Mar 20000028.422.86$0
Feb 2000183027.622.73$5,054
Jan 2000193025.272.48$4,877
Dec 19990024.282.42$0
Nov 1999168023.192.43$3,896
Oct 19990020.982.80$0
Sep 1999192021.752.62$4,176
Aug 1999191019.262.88$3,679
Jul 19990017.892.37$0
Jun 19991806215.942.36$3,016
May 199905615.792.32$130
Apr 199919218915.102.21$3,317
Mar 1999025812.471.84$474
Feb 19991791429.981.82$2,045
Jan 1999193010.381.90$2,003
Dec 1998009.201.77$0
Nov 1998185010.892.19$2,015
Oct 1998188012.421.97$2,335
Sep 1998192012.592.08$2,417
Aug 19980011.301.91$0
Jul 1998185011.742.24$2,172
Jun 1998185011.242.24$2,079
May 1998183012.622.21$2,309
Apr 19980013.042.51$0
Mar 1998184012.802.31$2,355
Feb 19980013.952.30$0
Jan 1998194014.702.15$2,852
Dec 1997194016.322.41$3,166
Nov 1997194018.193.09$3,529
Oct 1997191019.253.15$3,677
Sep 1997192017.742.95$3,406
Aug 1997191017.862.55$3,411
Jul 1997190017.582.25$3,340
Jun 19970017.242.26$0
May 1997383018.972.31$7,266
Apr 1997199017.882.08$3,558
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 199702523.483.54$88
Dec 19963312523.32$7,719
Nov 199602521.97$0
Oct 19961872523.31$4,359
Sep 1996087022.22$0
Aug 199617489220.26$3,525
Jul 199618289219.55$3,558
Jun 199616686418.73$3,109
May 199616889219.43$3,264
Apr 199616586421.51$3,549
Mar 199618583619.38$3,585
Feb 199617183616.98$2,904
Jan 199616466317.07$2,799
Dec 199517972117.19$3,077
Nov 1995080616.00$0
Oct 199517777815.43$2,731
Sep 199517646216.18$2,848
Aug 199519654915.92$3,120
Jul 199516789215.24$2,545
Jun 199520183616.41$3,298
May 1995074917.56$0
Apr 199518877817.73$3,333
Mar 199517651916.44$2,893
Feb 1995174916.58$17
Jan 199517780615.92$2,818
Dec 199418489215.03$2,766
Nov 199419980615.90$3,164
Oct 199418277815.58$2,836
Sep 199418174915.29$2,767
Aug 199417369216.13$2,790
Jul 199419188917.56$3,354
Jun 199418477517.09$3,145
May 199418371815.88$2,906
Apr 199418874614.14$2,658
Mar 199418177512.46$2,255
Feb 199419563212.50$2,438
Jan 199419868912.66$2,507
Dec 199318648812.33$2,293
Nov 199318171814.49$2,623
Oct 199319788915.85$3,122
Sep 199319683315.03$2,946
Aug 199335588915.66$5,559
Jul 1993145915.46$15
Jun 199318645916.79$3,123
May 199317674617.68$3,112
Apr 199318343118.05$3,303
Mar 199319251618.14$3,483
Feb 199319548817.90$3,491
Jan 199318243116.93$3,081

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                  242 bbl  × $ 56.70 =    $13,721
Casinghead gas         0 Mcf  × $  7.08 =         $0

────────────────────────────────────────────────────
Month total                                  $13,721

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/12311 is the state's own key, not one this site invented.