EDWARDS ESTATE

Operated by BLACKBEARD OPERATING, LLC (P-5 73056) in the CRAWAR, N. (FUSSELMAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 72340District 08Field 21580500NGPA filingCondensateGasSaveExport
Value, all time
$287 k
Jan 1993 – Jun 2017
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
294
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1977-04-11
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
NGPA2none

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
CondensateDisposition209 bbl$8,996
GasProduction57,349 Mcf$277,564
Total$286,559

4,072 Mcf of this lease's gas, across 35 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 31.5258, -102.7878. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52583, -102.78781 · 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
8,681 ft
1 wells filed one
Completion to plug
40.3 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 8,681 ft.

Completions filed
Apr 1977
1 of 1 wells
Plug dates filed
Jul 2017
1 of 1 wells

Last completion to plug: a median of 40.3 years across the 1 well that filed both dates, with the middle half between 40.3 years and 40.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4753093618,681 ftApr 1977Jul 2017Yes

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 (294)

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

294 months

Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 2017012846.772.98$382
Feb 2017010950.452.95$322
Jan 2017013549.413.42$462
Dec 2016012748.763.72$473
Nov 2016012042.492.64$317
Oct 2016013446.193.09$414
Sep 2016013241.553.10$409
Aug 2016014841.442.92$433
Jul 2016023341.622.92$681
Jun 201601445.352.69$38
May 201601542.521.99$30
Apr 201603336.561.99$66
Mar 20160033.011.79$0
Feb 201602726.472.06$56
Jan 201604027.352.36$95
Dec 201504732.362.00$94
Nov 201503438.792.17$74
Oct 20150043.552.43$0
Sep 2015010442.992.76$287
Aug 2015011240.162.87$322
Jul 2015017548.152.95$515
Jun 2015019056.152.88$548
May 2015019955.212.96$588
Apr 2015021249.822.71$574
Mar 2015021542.892.93$631
Feb 2015016744.662.98$497
Jan 2015017643.433.10$546
Dec 2014030254.693.59$1,085
Nov 201403070.464.25$128
Oct 2014722078.303.90$5,716
Sep 2014014486.164.05$583
Aug 2014042289.394.04$1,703
Jul 2014055496.564.18$2,316
Jun 2014040898.164.74$1,933
May 201403394.734.73$156
Apr 201405895.944.81$279
Mar 2014010995.895.06$551
Feb 201408797.406.19$539
Jan 2014011490.404.86$554
Dec 2013017991.824.35$779
Nov 2013030188.853.74$1,125
Oct 2013053297.423.78$2,011
Sep 20130482104.113.72$1,792
Aug 20130265104.253.52$933
Jul 20130221102.523.72$822
Jun 2013029394.403.93$1,152
May 2013026894.834.15$1,112
Apr 2013017893.964.28$762
Mar 2013024393.623.91$951
Feb 2013025091.233.42$855
Jan 2013041091.603.42$1,402
Dec 2012041486.773.42$1,416
Nov 2012035986.953.62$1,301
Oct 2012039189.383.40$1,329
Sep 2012033894.672.92$986
Aug 2012044192.662.91$1,283
Jul 2012044285.133.02$1,335
Jun 2012024879.822.52$625
May 2012035891.612.49$891
Apr 20120375101.652.00$749
Mar 20120355105.052.22$789
Feb 20120252101.102.57$648
Jan 2012028798.092.73$785
Dec 2011031596.873.24$1,021
Nov 2011040595.723.31$1,341
Oct 2011045484.983.65$1,656
Sep 2011044983.623.99$1,790
Aug 2011048783.404.15$2,021
Jul 2011048594.144.52$2,191
Jun 2011047892.904.64$2,218
May 2011043498.134.40$1,912
Apr 20110467105.964.33$2,024
Mar 2011045796.364.06$1,854
Feb 2011041385.644.18$1,726
Jan 2011046186.504.59$2,115
Dec 2010039285.734.35$1,704
Nov 2010043880.843.80$1,662
Oct 2010045878.103.51$1,607
Sep 2010031672.633.98$1,258
Aug 2010039173.684.42$1,728
Jul 2010018572.554.74$876
Jun 2010045170.364.91$2,215
May 2010049071.124.24$2,075
Apr 2010046481.694.12$1,913
Mar 2010044178.394.39$1,935
Feb 2010026773.585.44$1,453
Jan 2010035074.365.96$2,087
Dec 2009038271.445.48$2,095
Nov 2009048674.593.75$1,823
Oct 2009048772.544.11$2,002
Sep 2009043265.543.06$1,324
Aug 2009033567.423.22$1,078
Jul 2009054861.133.46$1,899
Jun 2009047566.163.90$1,850
May 2009056954.743.93$2,234
Apr 2009048346.773.59$1,733
Mar 2009054942.144.06$2,228
Feb 2009048232.814.63$2,233
Jan 2009045835.865.37$2,460
Dec 2008056337.105.98$3,365
Nov 2008050355.496.86$3,451
Oct 2008058075.246.92$4,015
Sep 20080502101.767.88$3,954
Aug 20080496114.228.48$4,208
Jul 20080620131.0811.39$7,061
Jun 20080622131.3313.03$8,106
May 20080520123.1711.57$6,019
Apr 20080436110.3110.45$4,558
Mar 20080603101.909.66$5,827
Feb 2008069892.538.77$6,122
Jan 2008046490.388.21$3,807
Dec 2007056988.337.30$4,155
Nov 2007066691.677.29$4,856
Oct 2007081082.856.92$5,607
Sep 2007078075.846.24$4,870
Aug 2007066269.066.39$4,229
Jul 2007081870.906.39$5,225
Jun 2007013662.007.55$1,027
May 2007011058.747.85$863
Apr 2007046359.617.81$3,614
Mar 2007024656.927.30$1,796
Feb 2007037555.108.22$3,081
Jan 2007027350.306.73$1,836
Dec 2006020556.656.92$1,418
Nov 2006028854.207.62$2,194
Oct 2006022054.906.01$1,323
Sep 2006020060.085.04$1,007
Aug 2006035768.717.34$2,620
Jul 2006020769.376.34$1,313
Jun 20060066.286.38$0
May 2006024966.016.42$1,600
Apr 2006021664.397.36$1,590
Mar 2006017356.707.08$1,225
Feb 2006017957.597.75$1,387
Jan 2006060860.598.93$5,431
Dec 2005070454.9413.42$9,444
Nov 20050254.6910.59$21
Oct 20050258.3413.80$28
Sep 20050261.4512.08$24
Aug 20050261.519.80$20
Jul 20050255.697.84$16
Jun 20050252.337.38$15
May 20050245.226.65$13
Apr 20050249.207.36$15
Mar 20050250.377.15$14
Feb 20050245.226.31$13
Jan 20050243.166.32$13
Dec 20040239.866.75$14
Nov 20040245.286.33$13
Oct 20040249.706.52$13
Sep 20040243.245.28$11
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030228.174.76$10
Sep 2003014226.314.75$674
Aug 2003016829.765.13$862
Jul 2003013429.415.17$693
Jun 2003019328.565.98$1,155
May 2003020926.595.97$1,248
Apr 2003019326.675.41$1,044
Mar 2003019131.146.10$1,164
Feb 2003015833.487.93$1,252
Jan 2003019530.315.58$1,089
Dec 2002013526.914.85$655
Nov 2002014324.664.14$592
Oct 2002034226.464.23$1,446
Sep 2002033727.443.64$1,225
Aug 2002034825.963.16$1,101
Jul 200210838024.583.06$3,818
Jun 2002033323.733.34$1,112
May 2002078424.663.58$2,810
Apr 200204223.653.51$148
Mar 2002011022.003.10$341
Feb 2002012018.222.38$285
Jan 2002012017.172.38$285
Dec 2001012016.932.36$284
Nov 2001012018.072.41$289
Oct 2001013019.782.53$329
Sep 20012912024.262.25$974
Aug 2001013024.873.05$397
Jul 2001014023.933.20$448
Jun 2001014024.563.82$535
May 2001014225.524.31$612
Apr 2001015524.685.34$827
Mar 2001015024.545.38$806
Feb 2001013427.755.77$773
Jan 200101227.478.40$101
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 200006131.235.15$314
Sep 2000031931.875.19$1,654
Aug 2000098229.644.54$4,459
Jul 2000066928.534.09$2,736
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
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 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 199601319.43$0
Apr 199603121.51$0
Mar 199603019.38$0
Feb 1996019816.98$0
Jan 199602017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 199501015.43$0
Sep 1995010416.18$0
Aug 199507015.92$0
Jul 19950115.24$0
Jun 19950016.41$0
May 199506917.56$0
Apr 1995012317.73$0
Mar 1995015716.44$0
Feb 1995022716.58$0
Jan 1995012815.92$0
Dec 19940315.03$0
Nov 19940115.90$0
Oct 19940015.58$0
Sep 199405515.29$0
Aug 1994012416.13$0
Jul 1994013617.56$0
Jun 1994017617.09$0
May 1994036815.88$0
Apr 19940714.14$0
Mar 19940512.46$0
Feb 19940412.50$0
Jan 19940212.66$0
Dec 19930212.33$0
Nov 19930014.49$0
Oct 1993010515.85$0
Sep 1993023615.03$0
Aug 1993027715.66$0
Jul 1993033215.46$0
Jun 1993029316.79$0
May 199309417.68$0
Apr 19930018.05$0
Mar 1993028618.14$0
Feb 1993021617.90$0
Jan 1993016916.93$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.

Mar 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 46.77 =         $0
Gas                  128 Mcf  × $  2.98 =       $382

────────────────────────────────────────────────────
Month total                                     $382

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/72340 is the state's own key, not one this site invented.