GLASS "A"

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 152048District 08Field 20097700CondensateGasSaveExport
Value, all time
$39 k
Nov 1994 – Jun 1998
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
44
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

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
CondensateDisposition498 bbl$8,985
GasProduction41,580 Mcf$29,815
Total$38,800

29,742 Mcf of this lease's gas, across 26 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 31.7739, -101.2473. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77388, -101.24726 · 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
8,325 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 8,325 ft.

1 well

42-431311476138,325 ftYes

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 (44)

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

44 months

Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19983012.802.31$38
Feb 1998870713.952.30$1,737
Jan 1998780314.702.15$1,833
Dec 19971379016.322.41$2,117
Nov 1997977618.193.09$2,560
Oct 1997782519.253.15$2,733
Sep 1997579817.742.95$2,447
Aug 1997484117.862.55$2,220
Jul 1997487017.582.25$2,025
Jun 1997682517.242.26$1,966
May 19971083918.972.31$2,127
Apr 19971682417.882.08$2,002
Mar 19971299218.951.94$2,151
Feb 19971792720.492.21$2,393
Jan 1997181,02123.483.54$4,037
Dec 1996151,05023.32$350
Nov 1996131,01521.97$286
Oct 1996131,06623.31$303
Sep 1996111,05322.22$244
Aug 1996101,09120.26$203
Jul 199671,05719.55$137
Jun 199661,01018.73$112
May 199681,07319.43$155
Apr 1996131,06021.51$280
Mar 1996161,15119.38$310
Feb 1996151,04516.98$255
Jan 1996191,15217.07$324
Dec 1995171,12217.19$292
Nov 1995131,10016.00$208
Oct 1995151,14115.43$231
Sep 1995161,11716.18$259
Aug 1995111,26615.92$175
Jul 1995121,29015.24$183
Jun 1995141,30816.41$230
May 1995121,22217.56$211
Apr 1995131,14917.73$230
Mar 1995151,21016.44$247
Feb 1995181,17416.58$298
Jan 1995251,27615.92$398
Dec 1994191,28515.03$286
Nov 1994131,25915.90$207

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             3 bbl  × $ 12.80 =        $38
Gas                    0 Mcf  × $  2.31 =         $0

────────────────────────────────────────────────────
Month total                                      $38

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/152048 is the state's own key, not one this site invented.