MYRA GALT OIL UNIT NO. 4

Operated by XTO ENERGY INC. (P-5 945936) in the TALCO field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15108District 06Field 88207001OilSave
Value, all time
$2.2 M
Aug 2011 – May 2014
Value, last 12 filed months
$168 k
at the published price for each month
Months reported
34
no gaps in the span
Streams
1
oil

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
OilDisposition23,850 bbl$2,202,167
Total$2,202,167

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 33.3475, -95.0780. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.34750, -95.07800 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,280 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
00.0%
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.
1100.0%

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 4,280 ft.

Completions filed
Sep 2011
1 of 1 wells

1 well

42-449305771H4,280 ftSep 2011

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 (34)

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

34 months

May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 201473690.404.86$66,534
Dec 201360791.824.35$55,735
Nov 201334988.853.74$31,009
Oct 20132897.423.78$2,728
Sep 201320104.113.72$2,082
Aug 201340104.253.52$4,170
Jul 201310102.523.72$1,025
Jun 20134794.403.93$4,437
May 201317194.834.15$16,216
Apr 201355393.964.28$51,960
Mar 201352693.623.91$49,244
Feb 201320291.233.42$18,428
Jan 201333091.603.42$30,228
Dec 201277086.773.42$66,813
Nov 201278486.953.62$68,169
Oct 201287789.383.40$78,386
Sep 201262094.672.92$58,695
Aug 201295192.662.91$88,120
Jul 20121,00685.133.02$85,641
Jun 20121,04579.822.52$83,412
May 20121,16191.612.49$106,359
Apr 20121,263101.652.00$128,384
Mar 20121,179105.052.22$123,854
Feb 20121,334101.102.57$134,867
Jan 20121,55498.092.73$152,432
Dec 20111,65996.873.24$160,707
Nov 20111,98495.723.31$189,908
Oct 20113,28284.983.65$278,904
Sep 201176283.623.99$63,718
Aug 2011083.404.15$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.

Jan 2014 — as filed, then multipliedworked
Oil                  736 bbl  × $ 90.40 =    $66,534

────────────────────────────────────────────────────
Month total                                  $66,534

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/15108 is the state's own key, not one this site invented.