ERNEST

Operated by GREAT WESTERN DRILLING COMPANY (P-5 328780) in the KERMIT (MCKEE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 173962District 08Field 49038426CondensateGasSaveExport
Value, all time
$179 k
Jul 1999 – Aug 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
50
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 61 leases and 74 wells, and the rule below applies to all of them.

Discovered
1960-02-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 12/01/96.

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
CondensateDisposition555 bbl$13,904
GasProduction44,024 Mcf$164,645
Total$178,549

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 31.8897, -103.0510. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.88972, -103.05097 · 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
10,641 ft
1 wells filed one
Completion to plug
4.1 years
median over 1 well

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 10,641 ft.

Completions filed
Jul 1999
1 of 1 wells
Plug dates filed
Aug 2003
1 of 1 wells

Last completion to plug: a median of 4.1 years across the 1 well that filed both dates, with the middle half between 4.1 years and 4.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-49503437510,641 ftJul 1999Aug 2003Yes

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 (50)

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

50 months

Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 2002162024.663.58$3,995
Apr 200204523.653.51$158
Mar 20020522.003.10$16
Feb 200202518.222.38$59
Jan 200201717.172.38$40
Dec 20010616.932.36$14
Nov 20010918.072.41$22
Oct 200111419.782.53$55
Sep 200101524.262.25$34
Aug 20010024.873.05$0
Jul 2001017523.933.20$559
Jun 2001055524.563.82$2,122
May 200101,00225.524.31$4,316
Apr 200101,07924.685.34$5,757
Mar 200101,09324.545.38$5,876
Feb 200101,32127.755.77$7,618
Jan 200121,52927.478.40$12,897
Dec 20001811,62026.889.12$19,644
Nov 200001,52732.215.66$8,640
Oct 200001,73131.235.15$8,907
Sep 200001,65031.875.19$8,558
Aug 200001,67229.644.54$7,592
Jul 200020128.534.09$575
Jun 20000029.304.40$0
May 2000085027.263.68$3,128
Apr 2000017424.513.12$542
Mar 2000312128.422.86$431
Feb 200003,78327.622.73$10,314
Jan 200004,14325.272.48$10,277
Dec 199904,10124.282.42$9,940
Nov 19991864,08623.192.43$14,259
Oct 199904,28920.982.80$12,025
Sep 199903,61221.752.62$9,459
Aug 199903,51119.262.88$10,096
Jul 1999026317.892.37$624

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           162 bbl  × $ 24.66 =     $3,995
Gas                    0 Mcf  × $  3.58 =         $0

────────────────────────────────────────────────────
Month total                                   $3,995

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/173962 is the state's own key, not one this site invented.