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 150635District 08Field 20097700CondensateGasSave
Value, all time
$117 k
Jul 1994 – Jun 1998
Value, last 12 filed months
$55 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
CondensateDisposition1,636 bbl$29,137
GasProduction132,312 Mcf$87,434
Total$116,571

97,551 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 31.7696, -101.2321. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.76964, -101.23209 · 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
8,400 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 8,400 ft.

Completions filed
Aug 2007
1 of 1 wells

1 well

42-4313220317248,400 ftAug 2007Yes

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 199811012.802.31$141
Feb 1998422,10913.952.30$5,435
Jan 1998492,37214.702.15$5,831
Dec 1997442,72916.322.41$7,298
Nov 1997401,95018.193.09$6,750
Oct 1997392,46219.253.15$8,506
Sep 1997312,35717.742.95$7,515
Aug 1997282,59517.862.55$7,130
Jul 1997352,59617.582.25$6,448
Jun 1997322,50717.242.26$6,210
May 1997122,52218.972.31$6,050
Apr 1997392,52617.882.08$5,958
Mar 1997482,65418.951.94$6,056
Feb 1997392,43620.492.21$6,173
Jan 1997382,94623.483.54$11,320
Dec 1996472,84023.32$1,096
Nov 1996302,70621.97$659
Oct 1996352,85023.31$816
Sep 1996332,83222.22$733
Aug 1996302,91220.26$608
Jul 1996262,94819.55$508
Jun 1996292,87218.73$543
May 1996402,98719.43$777
Apr 1996492,92421.51$1,054
Mar 1996453,24619.38$872
Feb 1996292,94216.98$492
Jan 1996413,18617.07$700
Dec 1995483,29317.19$825
Nov 1995403,10516.00$640
Oct 1995333,35215.43$509
Sep 1995353,28416.18$566
Aug 1995313,42215.92$494
Jul 1995323,62215.24$488
Jun 1995333,58716.41$542
May 1995343,64217.56$597
Apr 1995403,66617.73$709
Mar 1995443,83816.44$723
Feb 1995423,48916.58$696
Jan 1995483,89615.92$764
Dec 1994483,95415.03$721
Nov 1994423,93215.90$668
Oct 1994384,01215.58$592
Sep 1994553,91915.29$841
Aug 1994324,14716.13$516
Jul 1994014617.56$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            11 bbl  × $ 12.80 =       $141
Gas                    0 Mcf  × $  2.31 =         $0

────────────────────────────────────────────────────
Month total                                     $141

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/150635 is the state's own key, not one this site invented.