NEVILLE, V. G. STATE

Operated by MEXCO ENERGY CORPORATION (P-5 562563) in the HUBER (5050 WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 171777District 08Field 43126666CondensateGasSave
Value, all time
$156 k
Sep 1998 – Jul 2002
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
47
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
CondensateDisposition6 bbl$133
GasProduction63,881 Mcf$155,483
Total$155,616

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 30.9973, -102.2089. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.99728, -102.20893 · 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
100.0%
1 of 1 wells
Median depth
5,900 ft
1 wells filed one
Completion to plug
3.7 years
median over 1 wells

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 5,900 ft.

Completions filed
Sep 1998
1 of 1 wells
Plug dates filed
May 2002
1 of 1 wells

Last completion to plug: a median of 3.7 years across the 1 well that filed both dates, with the middle half between 3.7 years and 3.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3713056815,900 ftSep 1998May 2002Yes

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 (47)

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

47 months

Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20023024.663.58$74
Apr 200201323.653.51$46
Mar 20020022.003.10$0
Feb 20020318.222.38$7
Jan 200201517.172.38$36
Dec 200102816.932.36$66
Nov 20010718.072.41$17
Oct 20013319.782.53$67
Sep 20010024.262.25$0
Aug 2001026824.873.05$818
Jul 2001046423.933.20$1,483
Jun 2001040624.563.82$1,553
May 2001041525.524.31$1,788
Apr 2001040724.685.34$2,171
Mar 2001046124.545.38$2,479
Feb 2001041227.755.77$2,376
Jan 2001045527.478.40$3,821
Dec 2000047326.889.12$4,315
Nov 2000046432.215.66$2,625
Oct 2000062931.235.15$3,237
Sep 2000067631.875.19$3,506
Aug 2000035129.644.54$1,594
Jul 2000062128.534.09$2,540
Jun 2000094029.304.40$4,133
May 2000069027.263.68$2,539
Apr 20000024.513.12$0
Mar 2000053128.422.86$1,519
Feb 2000069127.622.73$1,884
Jan 2000080925.272.48$2,007
Dec 1999091924.282.42$2,227
Nov 199901,08223.192.43$2,634
Oct 199901,28420.982.80$3,600
Sep 199901,22821.752.62$3,216
Aug 199901,70319.262.88$4,897
Jul 199901,31217.892.37$3,113
Jun 199902,16315.942.36$5,109
May 199902,92215.792.32$6,782
Apr 199905,43315.102.21$11,996
Mar 1999017,22112.471.84$31,658
Feb 1999015,5899.981.82$28,338
Jan 199902,57210.381.90$4,887
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 1998022112.592.08$460

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.

May 2002 — as filed, then multipliedworked
Condensate             3 bbl  × $ 24.66 =        $74
Gas                    0 Mcf  × $  3.58 =         $0

────────────────────────────────────────────────────
Month total                                      $74

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/171777 is the state's own key, not one this site invented.