CONGER

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 140474District 08Field 200977002 tax incentive programmesCondensateGasSaveExport
Value, all time
$94 k
Jan 1993 – Jun 1998
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
66
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 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

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
High Cost Gas111992-03-24124819
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
CondensateDisposition2,150 bbl$36,437
GasProduction193,269 Mcf$57,318
Total$93,755

170,425 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 31.7770, -101.1230. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77698, -101.12302 · 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
8,973 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 8,973 ft.

Completions filed
Aug 1990
1 of 1 wells

1 well

42-431320907368,973 ftAug 1990Yes

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 (66)

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

66 months

Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19987012.802.31$90
Feb 1998251,55113.952.30$3,915
Jan 1998321,83914.702.15$4,433
Dec 1997271,40016.322.41$3,816
Nov 1997221,38318.193.09$4,671
Oct 1997211,59019.253.15$5,412
Sep 1997191,58117.742.95$5,009
Aug 1997191,68317.862.55$4,639
Jul 1997191,67417.582.25$4,095
Jun 1997201,62017.242.26$4,001
May 1997231,68818.972.31$4,333
Apr 1997251,59817.882.08$3,775
Mar 1997271,79318.951.94$3,989
Feb 1997321,61020.492.21$4,207
Jan 1997371,83423.483.54$7,361
Dec 1996371,89523.32$863
Nov 1996241,86821.97$527
Oct 1996291,97723.31$676
Sep 1996271,93622.22$600
Aug 1996232,11720.26$466
Jul 1996202,19519.55$391
Jun 1996212,04418.73$393
May 1996242,28719.43$466
Apr 1996312,23221.51$667
Mar 1996372,39519.38$717
Feb 1996372,11216.98$628
Jan 1996382,41017.07$649
Dec 1995432,45517.19$739
Nov 1995312,50316.00$496
Oct 1995202,63115.43$309
Sep 1995342,53816.18$550
Aug 1995232,70515.92$366
Jul 1995182,81415.24$274
Jun 1995252,87016.41$410
May 1995272,97917.56$474
Apr 1995323,00717.73$567
Mar 1995383,07616.44$625
Feb 1995382,89216.58$630
Jan 1995433,20915.92$685
Dec 1994433,17815.03$646
Nov 1994383,06415.90$604
Oct 1994363,51715.58$561
Sep 1994313,22615.29$474
Aug 1994293,51316.13$468
Jul 1994273,74417.56$474
Jun 1994273,91017.09$461
May 1994374,16515.88$588
Apr 1994384,15014.14$537
Mar 1994464,36612.46$573
Feb 1994473,88912.50$588
Jan 1994554,25612.66$696
Dec 1993524,28212.33$641
Nov 1993524,27314.49$753
Oct 1993484,61815.85$761
Sep 1993414,94515.03$616
Aug 1993365,38315.66$564
Jul 1993415,57615.46$634
Jun 1993465,71816.79$772
May 1993526,21617.68$919
Apr 1993616,48518.05$1,101
Mar 1993786,97418.14$1,415
Feb 1993645,81517.90$1,146
Jan 1993506,01516.93$847

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 1998 — as filed, then multipliedworked
Condensate             7 bbl  × $ 12.80 =        $90
Gas                    0 Mcf  × $  2.31 =         $0

────────────────────────────────────────────────────
Month total                                      $90

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/140474 is the state's own key, not one this site invented.