EXXON STATE

Operated by FOUR C OIL & GAS CORP. (P-5 280588) in the VERNON (MCKEE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 204968District 08Field 93599250CondensateGasSaveExport
Value, all time
$2.0 M
Nov 2003 – Jul 2009
Value, last 12 filed months
$93 k
at the published price for each month
Months reported
69
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
2001-07-24
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-03-01.

The Commission's schedule remark for this field reads: FIELD TYPE CHANGED FROM PRORATED TO EXEMPT EFF. 12/1/06.

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
CondensateDisposition1,861 bbl$97,289
GasProduction264,018 Mcf$1,942,121
Total$2,039,410

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 31.2392, -102.6613. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.23925, -102.66130 · 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
5,996 ft
1 wells filed one
Completion to plug
14.4 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 5,996 ft.

Completions filed
Jul 2009
1 of 1 wells
Plug dates filed
Dec 2023
1 of 1 wells

Last completion to plug: a median of 14.4 years across the 1 well that filed both dates, with the middle half between 14.4 years and 14.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3713700715,996 ftJul 2009Dec 2023Yes

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 (69)

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

69 months

Jul 200944061.133.46$2,690
Jun 20090266.163.90$8
May 20090054.743.93$0
Apr 2009178046.773.59$8,325
Mar 20090442.144.06$16
Feb 2009063932.814.63$2,960
Jan 200901,14135.865.37$6,128
Dec 200801,66537.105.98$9,952
Nov 200801,35055.496.86$9,261
Oct 200801,51875.246.92$10,508
Sep 200802,164101.767.88$17,046
Aug 200803,050114.228.48$25,873
Jul 200803,222131.0811.39$36,697
Jun 200803,137131.3313.03$40,883
May 200802,561123.1711.57$29,642
Apr 200802,144110.3110.45$22,415
Mar 200802,243101.909.66$21,677
Feb 200801,84292.538.77$16,155
Jan 200802,09190.388.21$17,158
Dec 200702,57988.337.30$18,832
Nov 200702,43891.677.29$17,777
Oct 200702,61282.856.92$18,080
Sep 200702,71575.846.24$16,953
Aug 200702,78969.066.39$17,816
Jul 2007070470.906.39$4,497
Jun 200701,67562.007.55$12,644
May 200702,68358.747.85$21,052
Apr 200701,02259.617.81$7,977
Mar 200704156.927.30$299
Feb 20071752,85655.108.22$33,107
Jan 200703,38550.306.73$22,770
Dec 200603,70856.656.92$25,654
Nov 200602,54754.207.62$19,402
Oct 20061743,90154.906.01$33,012
Sep 200604,05460.085.04$20,421
Aug 200604,28468.717.34$31,444
Jul 20061734,39569.376.34$39,877
Jun 200604,62166.286.38$29,500
May 200602,35266.016.42$15,112
Apr 200603,79964.397.36$27,962
Mar 20061774,20856.707.08$39,841
Feb 200603,97057.597.75$30,772
Jan 200604,62260.598.93$41,290
Dec 20051794,69054.9413.42$72,752
Nov 200504,62054.6910.59$48,918
Oct 200505,18058.3413.80$71,462
Sep 20051775,18061.4512.08$73,446
Aug 200505,63061.519.80$55,156
Jul 200505,55555.697.84$43,571
Jun 200505,44852.337.38$40,212
May 20051805,73245.226.65$46,264
Apr 200506,62249.207.36$48,741
Mar 200504,71250.377.15$33,714
Feb 200502,76845.226.31$17,471
Jan 200506,14643.166.32$38,856
Dec 20041794,38839.866.75$36,759
Nov 200404,40245.286.33$27,867
Oct 200404,34049.706.52$28,276
Sep 200401,55743.245.28$8,227
Aug 20041777,72242.375.55$50,362
Jul 200408,77638.286.08$53,395
Jun 200409,07236.106.43$58,360
May 2004010,67237.486.49$69,310
Apr 200407,43134.475.86$43,534
Mar 2004010,86334.365.53$60,074
Feb 2004485132.455.51$1,839
Jan 2004011,48932.036.30$72,377
Dec 2003012,88030.266.30$81,165
Nov 200307,35928.804.60$33,816

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.

Jul 2009 — as filed, then multipliedworked
Condensate            44 bbl  × $ 61.13 =     $2,690
Gas                    0 Mcf  × $  3.46 =         $0

────────────────────────────────────────────────────
Month total                                   $2,690

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/204968 is the state's own key, not one this site invented.