TALVEZ

Operated by SOUTHWEST ROYALTIES, INC. (P-5 806470) in the KEYSTONE (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 43114District 08Field 49129198Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$708 k
Jan 1993 – May 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
269
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 58 leases and 127 wells, and the rule below applies to all of them.

Discovered
1946-04-04
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,110 ft
minimum
From a lease line
555 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2019-02-26.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: FIELDS CONSOLIDATED INTO THE KEYSTONE (DEV-MCKEE CONS) FIELD.

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
CondensateDisposition7,755 bbl$219,002
GasProduction445,065 Mcf$489,160
Total$708,162

289,797 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 31.9224, -103.0274. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92240, -103.02737 · 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
7,417 ft
1 wells filed one
Completion to plug
62.6 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 7,417 ft.

Completions filed
Jun 1951
1 of 1 wells
Plug dates filed
Jan 2014
1 of 1 wells

Last completion to plug: a median of 62.6 years across the 1 well that filed both dates, with the middle half between 62.6 years and 62.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4950347277,417 ftJun 1951Jan 2014Yes

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 (269)

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

269 months

May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011174086.504.59$15,051
Dec 20100085.734.35$0
Nov 201001080.843.80$38
Oct 201006278.103.51$218
Sep 201004372.633.98$171
Aug 20100073.684.42$0
Jul 2010174072.554.74$12,624
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 201001381.694.12$54
Mar 201005578.394.39$241
Feb 20100273.585.44$11
Jan 201002974.365.96$173
Dec 200908371.445.48$455
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20091592565.543.06$10,497
Aug 200904467.423.22$142
Jul 20090061.133.46$0
Jun 200903266.163.90$125
May 200902254.743.93$86
Apr 200901146.773.59$39
Mar 20091476942.144.06$6,475
Feb 20090032.814.63$0
Jan 2009175335.865.37$6,292
Dec 200801237.105.98$72
Nov 200805255.496.86$357
Oct 200803175.246.92$215
Sep 2008052101.767.88$410
Aug 2008040114.228.48$339
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 2008019110.3110.45$199
Mar 200817424101.909.66$17,963
Feb 200801992.538.77$167
Jan 200803990.388.21$320
Dec 200704188.337.30$299
Nov 200707091.677.29$510
Oct 20070882.856.92$55
Sep 20070475.846.24$25
Aug 200702669.066.39$166
Jul 200705170.906.39$326
Jun 20070962.007.55$68
May 2007158958.747.85$9,352
Apr 200701459.617.81$109
Mar 200703656.927.30$263
Feb 200701955.108.22$156
Jan 200704350.306.73$289
Dec 200603356.656.92$228
Nov 200603254.207.62$244
Oct 200602154.906.01$126
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 200605769.376.34$362
Jun 200603466.286.38$217
May 20061773966.016.42$11,934
Apr 200605364.397.36$390
Mar 200605356.707.08$375
Feb 200602457.597.75$186
Jan 200601460.598.93$125
Dec 20050354.9413.42$40
Nov 20050554.6910.59$53
Oct 200501058.3413.80$138
Sep 200503561.4512.08$423
Aug 200508961.519.80$872
Jul 2005013355.697.84$1,043
Jun 2005011152.337.38$819
May 2005012045.226.65$798
Apr 200509349.207.36$685
Mar 2005011750.377.15$837
Feb 200507445.226.31$467
Jan 200507743.166.32$487
Dec 200406839.866.75$459
Nov 200408045.286.33$506
Oct 200408249.706.52$534
Sep 200417219843.245.28$8,483
Aug 2004016742.375.55$927
Jul 2004011438.286.08$694
Jun 200416314636.106.43$6,824
May 2004014537.486.49$942
Apr 2004011334.475.86$662
Mar 2004018034.365.53$995
Feb 2004015032.455.51$826
Jan 200406232.036.30$391
Dec 200306430.266.30$403
Nov 200303528.804.60$161
Oct 2003025828.174.76$1,228
Sep 2003027526.314.75$1,306
Aug 2003019329.765.13$990
Jul 2003035929.415.17$1,856
Jun 2003071028.565.98$4,248
May 200317465126.595.97$8,515
Apr 2003048926.675.41$2,644
Mar 2003042431.146.10$2,585
Feb 2003026333.487.93$2,085
Jan 2003081430.315.58$4,544
Dec 200201,37926.914.85$6,693
Nov 200201,19924.664.14$4,960
Oct 200201,14926.464.23$4,859
Sep 20021701,37527.443.64$9,663
Aug 2002099925.963.16$3,161
Jul 2002054724.583.06$1,675
Jun 2002095623.733.34$3,191
May 200201,86824.663.58$6,695
Apr 20021691,90923.653.51$10,702
Mar 200201,87722.003.10$5,824
Feb 200201,82018.222.38$4,324
Jan 200202,05317.172.38$4,877
Dec 20011682,15016.932.36$7,928
Nov 200102,17918.072.41$5,242
Oct 20011782,18319.782.53$9,041
Sep 200101,96124.262.25$4,415
Aug 200101,12124.873.05$3,423
Jul 200101,08823.933.20$3,478
Jun 2001092724.563.82$3,545
May 20011752,17125.524.31$13,817
Apr 200101,84324.685.34$9,833
Mar 200101,64424.545.38$8,839
Feb 2001063027.755.77$3,633
Jan 200117614227.478.40$6,027
Dec 200002,18226.889.12$19,905
Nov 200002,49032.215.66$14,088
Oct 200002,52831.235.15$13,008
Sep 20001732,53631.875.19$18,666
Aug 200002,77729.644.54$12,610
Jul 200002,78328.534.09$11,382
Jun 200001,97929.304.40$8,702
May 200002,32427.263.68$8,552
Apr 20001632,23124.513.12$10,947
Mar 200002,26828.422.86$6,486
Feb 200002,10627.622.73$5,742
Jan 200002,24325.272.48$5,564
Dec 19993532,29624.282.42$14,136
Nov 199902,44123.192.43$5,941
Oct 199902,63120.982.80$7,377
Sep 199902,63921.752.62$6,911
Aug 199902,64019.262.88$7,592
Jul 199902,61017.892.37$6,192
Jun 19991662,59415.942.36$8,773
May 199902,52315.792.32$5,856
Apr 199902,47215.102.21$5,458
Mar 199902,54412.471.84$4,677
Feb 199902,3879.981.82$4,339
Jan 199902,71910.381.90$5,166
Dec 19981682,7799.201.77$6,474
Nov 199802,75510.892.19$6,022
Oct 199802,90412.421.97$5,719
Sep 199802,12812.592.08$4,432
Aug 19981652,50711.301.91$6,646
Jul 199801,97211.742.24$4,412
Jun 199801,70811.242.24$3,821
May 1998352,85612.622.21$6,743
Apr 199801,77313.042.51$4,442
Mar 199831,37812.802.31$3,221
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 199708517.862.55$217
Jul 199701,23717.582.25$2,779
Jun 199704,14817.242.26$9,363
May 19971674,70618.972.31$14,032
Apr 199705,11617.882.08$10,656
Mar 199705,04818.951.94$9,789
Feb 199704,81920.492.21$10,630
Jan 19971684,84823.483.54$21,105
Dec 199605,71523.32$0
Nov 19961825,39621.97$3,999
Oct 199606,07623.31$0
Sep 19961855,77822.22$4,111
Aug 199604,54920.26$0
Jul 199603,51219.55$0
Jun 199604,02918.73$0
May 1996944,49919.43$1,826
Apr 19961654,56721.51$3,549
Mar 199604,71019.38$0
Feb 199604,43616.98$0
Jan 19961625,03217.07$2,765
Dec 199505,15017.19$0
Nov 199505,26616.00$0
Oct 19951915,50915.43$2,947
Sep 199505,59316.18$0
Aug 199505,97015.92$0
Jul 19951735,80615.24$2,637
Jun 199505,82616.41$0
May 19951695,99317.56$2,968
Apr 199505,91817.73$0
Mar 199505,97916.44$0
Feb 19951895,50316.58$3,134
Jan 199506,18415.92$0
Dec 19941835,91415.03$2,750
Nov 199406,65915.90$0
Oct 199406,65115.58$0
Sep 19941875,61415.29$2,859
Aug 199406,40216.13$0
Jul 199406,72017.56$0
Jun 19941796,71017.09$3,059
May 199406,65915.88$0
Apr 19942536,82814.14$3,577
Mar 199406,82812.46$0
Feb 199406,11412.50$0
Jan 19942576,54212.66$3,254
Dec 199306,52312.33$0
Nov 199306,68114.49$0
Oct 199306,22815.85$0
Sep 19932436,72615.03$3,652
Aug 199307,39315.66$0
Jul 199307,46915.46$0
Jun 19932547,42016.79$4,265
May 199307,91417.68$0
Apr 199307,46018.05$0
Mar 199307,83218.14$0
Feb 19932456,87917.90$4,386
Jan 199306,63516.93$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.

Jan 2011 — as filed, then multipliedworked
Condensate           174 bbl  × $ 86.50 =    $15,051
Gas                    0 Mcf  × $  4.59 =         $0

────────────────────────────────────────────────────
Month total                                  $15,051

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/43114 is the state's own key, not one this site invented.