GLASS "C"

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

Operated by WAGNER & BROWN, LTD. (P-5 891075) in the CONGER (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 138344District 08Field 20097700CondensateGasSave Export

Value, all time

$10 k

Jan 1993 – Dec 1996

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The CONGER (PENN) 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 1,011 leases and 1,988 wells, and the rule below applies to all of them.

Discovered

1978-01-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1985-04-29.

The Commission's schedule remark for this field reads: “OPTIONAL 40ACRE UNIT DIAG. 2100 PER #8-84810”

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	630 bbl	$10,142
Gas	Production	100,995 Mcf	$0
Total			$10,142

100,995 Mcf of this lease's gas, across 41 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 31.7847, -101.2329. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.78467, -101.23286 · 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

100.0%

1 of 1 wells

Median depth

8,250 ft

1 wells filed one

Completion to plug

16.6 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 8,250 ft.

Completions filed

May 1980

1 of 1 wells

Plug dates filed

Dec 1996

1 of 1 wells

Last completion to plug: a median of 16.6 years across the 1 well that filed both dates, with the middle half between 16.6 years and 16.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-43130864	404	8,250 ft	May 1980	Dec 1996	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 (48)

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

48 months


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	2	0	18.73	—	$37
May 1996	11	726	19.43	—	$214
Apr 1996	19	2,169	21.51	—	$409
Mar 1996	15	2,446	19.38	—	$291
Feb 1996	13	1,554	16.98	—	$221
Jan 1996	20	2,119	17.07	—	$341
Dec 1995	22	2,198	17.19	—	$378
Nov 1995	20	2,136	16.00	—	$320
Oct 1995	16	2,273	15.43	—	$247
Sep 1995	16	2,215	16.18	—	$259
Aug 1995	13	2,286	15.92	—	$207
Jul 1995	9	2,342	15.24	—	$137
Jun 1995	10	2,235	16.41	—	$164
May 1995	15	2,329	17.56	—	$263
Apr 1995	20	2,193	17.73	—	$355
Mar 1995	22	2,507	16.44	—	$362
Feb 1995	19	2,181	16.58	—	$315
Jan 1995	27	2,649	15.92	—	$430
Dec 1994	25	2,577	15.03	—	$376
Nov 1994	18	2,449	15.90	—	$286
Oct 1994	14	2,522	15.58	—	$218
Sep 1994	11	2,355	15.29	—	$168
Aug 1994	9	2,573	16.13	—	$145
Jul 1994	10	2,680	17.56	—	$176
Jun 1994	11	2,526	17.09	—	$188
May 1994	13	2,572	15.88	—	$206
Apr 1994	14	2,497	14.14	—	$198
Mar 1994	15	2,540	12.46	—	$187
Feb 1994	23	2,515	12.50	—	$288
Jan 1994	26	2,752	12.66	—	$329
Dec 1993	19	2,642	12.33	—	$234
Nov 1993	22	2,745	14.49	—	$319
Oct 1993	13	2,726	15.85	—	$206
Sep 1993	8	2,665	15.03	—	$120
Aug 1993	9	2,629	15.66	—	$141
Jul 1993	9	2,806	15.46	—	$139
Jun 1993	10	2,887	16.79	—	$168
May 1993	12	3,081	17.68	—	$212
Apr 1993	13	2,957	18.05	—	$235
Mar 1993	14	2,927	18.14	—	$254
Feb 1993	10	2,785	17.90	—	$179
Jan 1993	13	3,029	16.93	—	$220

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 1996 — as filed, then multipliedworked

Condensate             2 bbl  × $ 18.73 =        $37
Gas                    0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                      $37

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. 08/G/138344 is the state's own key, not one this site invented.