GLASS

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 150617District 08Field 20097700CondensateGasSave
Value, all time
$70 k
Jul 1994 – Jun 1998
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
48
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition870 bbl$15,586
GasProduction74,334 Mcf$54,178
Total$69,764

52,975 Mcf of this lease's gas, across 30 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 31.7671, -101.2340. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.76708, -101.23404 · 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
8,016 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 8,016 ft.

Completions filed
Jan 1978
1 of 1 wells

1 well

42-431301101248,016 ftJan 1978Yes

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

Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19985012.802.31$64
Feb 1998181,39713.952.30$3,463
Jan 1998211,61514.702.15$3,789
Dec 1997211,64616.322.41$4,311
Nov 1997211,57518.193.09$5,246
Oct 1997201,69419.253.15$5,721
Sep 1997211,58917.742.95$5,068
Aug 1997251,60117.862.55$4,537
Jul 1997161,68517.582.25$4,067
Jun 199741,49417.242.26$3,441
May 199701,41618.972.31$3,269
Apr 199731,16417.882.08$2,478
Mar 1997131,48718.951.94$3,130
Feb 1997171,35520.492.21$3,337
Jan 1997291,64123.483.54$6,490
Dec 1996271,80523.32$630
Nov 1996191,78421.97$417
Oct 1996181,95423.31$420
Sep 1996121,85422.22$267
Aug 1996161,88120.26$324
Jul 1996141,83919.55$274
Jun 1996191,92918.73$356
May 1996252,05719.43$486
Apr 1996291,91621.51$624
Mar 1996321,93019.38$620
Feb 1996281,80516.98$475
Jan 1996301,98517.07$512
Dec 1995392,00917.19$670
Nov 1995422,09116.00$672
Oct 1995181,85115.43$278
Sep 1995141,65316.18$227
Aug 1995181,89515.92$287
Jul 1995141,68715.24$213
Jun 1995191,79016.41$312
May 1995211,88217.56$369
Apr 1995231,71117.73$408
Mar 1995121,43616.44$197
Feb 1995211,50216.58$348
Jan 1995281,67015.92$446
Dec 1994261,76215.03$391
Nov 1994201,70115.90$318
Oct 1994171,78615.58$265
Sep 1994181,83515.29$275
Aug 1994171,91316.13$274
Jul 199406217.56$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.

Mar 1998 — as filed, then multipliedworked
Condensate             5 bbl  × $ 12.80 =        $64
Gas                    0 Mcf  × $  2.31 =         $0

────────────────────────────────────────────────────
Month total                                      $64

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/150617 is the state's own key, not one this site invented.