SOUTHLAND FEE

Operated by RAYDEN (P-5 695567) in the WARD, SOUTH (PENN. LIME, UP.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 40023District 08Field 95138464NGPA filingGasSaveExport
Value, all time
$251 k
Jan 1993 – Jun 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
174
no gaps in the span
Streams
1
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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered
1962-04-24
as the register files it
Field class
Gas
the register's own label
Between wells
1,750 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/98.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
GasProduction153,459 Mcf$251,066
Total$251,066

78,850 Mcf of this lease's gas, across 48 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 31.4480, -102.8640. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.44802, -102.86397 · 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
7,690 ft
1 wells filed one
Completion to plug
42.8 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 7,690 ft.

Completions filed
Aug 1964
1 of 1 wells
Plug dates filed
Jun 2007
1 of 1 wells

Last completion to plug: a median of 42.8 years across the 1 well that filed both dates, with the middle half between 42.8 years and 42.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4751043617,690 ftAug 1964Jun 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 (174)

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

174 months

Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005261.519.80$20
Jul 2005255.697.84$16
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005250.377.15$14
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004143.245.28$5
Aug 20041442.375.55$78
Jul 20044838.286.08$292
Jun 20048236.106.43$528
May 20041837.486.49$117
Apr 20041534.475.86$88
Mar 20041034.365.53$55
Feb 20042832.455.51$154
Jan 20043332.036.30$208
Dec 2003230.266.30$13
Nov 2003028.804.60$0
Oct 200321928.174.76$1,042
Sep 200320426.314.75$969
Aug 20037229.765.13$369
Jul 200321829.415.17$1,127
Jun 200318428.565.98$1,101
May 200388426.595.97$5,280
Apr 200385326.675.41$4,612
Mar 200386231.146.10$5,255
Feb 200378633.487.93$6,230
Jan 200390630.315.58$5,057
Dec 200293726.914.85$4,548
Nov 200293724.664.14$3,876
Oct 200298426.464.23$4,161
Sep 200289427.443.64$3,250
Aug 200292325.963.16$2,921
Jul 200291124.583.06$2,789
Jun 200285123.733.34$2,841
May 200285424.663.58$3,061
Apr 200278123.653.51$2,743
Mar 200279422.003.10$2,464
Feb 200272418.222.38$1,720
Jan 200279417.172.38$1,886
Dec 200186816.932.36$2,052
Nov 200187218.072.41$2,098
Oct 200186519.782.53$2,187
Sep 200184124.262.25$1,893
Aug 200182924.873.05$2,531
Jul 200177623.933.20$2,481
Jun 200171624.563.82$2,738
May 200189225.524.31$3,842
Apr 200187624.685.34$4,674
Mar 2001024.545.38$0
Feb 20011,50727.755.77$8,691
Jan 20011,17327.478.40$9,852
Dec 20001,18526.889.12$10,810
Nov 20001,20132.215.66$6,795
Oct 20001,05731.235.15$5,439
Sep 20001,26931.875.19$6,582
Aug 200098529.644.54$4,473
Jul 20001,03828.534.09$4,245
Jun 2000029.304.40$0
May 200041027.263.68$1,509
Apr 200068124.513.12$2,122
Mar 20001,13428.422.86$3,243
Feb 200098627.622.73$2,688
Jan 200081225.272.48$2,014
Dec 199976624.282.42$1,857
Nov 19991,06923.192.43$2,602
Oct 19991,14220.982.80$3,202
Sep 19991,29221.752.62$3,384
Aug 199977019.262.88$2,214
Jul 199969617.892.37$1,651
Jun 199989615.942.36$2,116
May 199997815.792.32$2,270
Apr 199985615.102.21$1,890
Mar 199988812.471.84$1,632
Feb 19998219.981.82$1,492
Jan 199995110.381.90$1,807
Dec 19989809.201.77$1,738
Nov 19981,01510.892.19$2,219
Oct 19981,00312.421.97$1,975
Sep 199897012.592.08$2,020
Aug 19981,47711.301.91$2,817
Jul 199848011.742.24$1,074
Jun 199895311.242.24$2,132
May 199899412.622.21$2,193
Apr 199896613.042.51$2,420
Mar 199896712.802.31$2,233
Feb 199896613.952.30$2,221
Jan 19981,13014.702.15$2,435
Dec 19971,02916.322.41$2,481
Nov 199799818.193.09$3,082
Oct 19971,09019.253.15$3,433
Sep 19971,12617.742.95$3,327
Aug 19971,21017.862.55$3,091
Jul 19971,33817.582.25$3,006
Jun 19971,39117.242.26$3,140
May 19971,43618.972.31$3,315
Apr 19971,33317.882.08$2,776
Mar 19971,24218.951.94$2,408
Feb 19971,19920.492.21$2,645
Jan 19971,38923.483.54$4,917
Dec 19961,46223.32$0
Nov 19961,42521.97$0
Oct 19961,43923.31$0
Sep 19961,41522.22$0
Aug 19961,47720.26$0
Jul 19961,50019.55$0
Jun 19961,48518.73$0
May 19961,44519.43$0
Apr 19961,54721.51$0
Mar 19962,67619.38$0
Feb 19961,59616.98$0
Jan 19961,43217.07$0
Dec 19951,31017.19$0
Nov 19951,57116.00$0
Oct 19951,85615.43$0
Sep 19951,58916.18$0
Aug 199540915.92$0
Jul 19951,45415.24$0
Jun 19951,43916.41$0
May 19951,53917.56$0
Apr 19951,35517.73$0
Mar 19951,45916.44$0
Feb 19951,71816.58$0
Jan 19951,47515.92$0
Dec 19941,81815.03$0
Nov 19941,76915.90$0
Oct 19941,86015.58$0
Sep 19941,86915.29$0
Aug 19941,97316.13$0
Jul 19942,04117.56$0
Jun 19942,01017.09$0
May 19941,78615.88$0
Apr 19941,77614.14$0
Mar 19941,71412.46$0
Feb 19941,59112.50$0
Jan 19941,89512.66$0
Dec 19931,68012.33$0
Nov 19931,68114.49$0
Oct 19931,77215.85$0
Sep 199396015.03$0
Aug 19931,67315.66$0
Jul 19931,90215.46$0
Jun 19931,84316.79$0
May 19932,07317.68$0
Apr 19932,15518.05$0
Mar 19931,66218.14$0
Feb 19931,49017.90$0
Jan 19931,78416.93$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.

Aug 2005 — as filed, then multipliedworked
Gas                    2 Mcf  × $  9.80 =        $20

────────────────────────────────────────────────────
Month total                                      $20

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/40023 is the state's own key, not one this site invented.