FRASER, G. C. -E- NCT-1

Name: FRASER, G. C. -E- NCT-1 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by AGHORN OPERATING, INC. (P-5 8716) in the TXL (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11484District 08Field 88071580Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$1.1 M

Jan 1993 – May 2018

Value, last 12 filed months

$26 k

at the published price for each month

Months reported

305

no gaps in the span

Streams

oil, casinghead gas

The TXL (SAN ANDRES) field

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 97 leases and 262 wells, and the rule below applies to all of them.

Discovered

1952-04-07

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

550 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1963-06-18.

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: “THE GOLDSMITH, W. (SAN ANDRES) FIELD.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	14,757 bbl	$559,397
Casinghead gas	Production	178,066 Mcf	$589,443
Total			$1,148,840

35,644 Mcf of this lease's gas, across 45 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 (4)

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 31.9352, -102.7327. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.93494, -102.73372 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

4 of 4 wells

With a plug date

75.0%

3 of 4 wells

Median depth

6,510 ft

4 wells filed one

Completion to plug

26.8 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

4100.0%

A plug date is filed

375.0%

BothOn the schedule and plugged. Neither fact cancels the other.

375.0%

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

Between 4,370 and 9,811 ft, median 6,510 ft, over the 4 wells that filed a depth.

Completions filed

Jul 1971 – Nov 1994

2 of 4 wells; 2 filed none

Plug dates filed

Nov 1984 – May 1998

3 of 4 wells; 1 filed none

Last completion to plug: a median of 26.8 years across the 1 well that filed both dates, with the middle half between 26.8 years and 26.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells


42-13505388	3	4,370 ft	—	Nov 1984	Yes
42-13505389	4	4,370 ft	—	Nov 1984	Yes
42-13505387	2 L	9,811 ft	Nov 1994	—	Yes
42-13505396	11 U	8,650 ft	Jul 1971	May 1998	Yes

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 (305)

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

305 months


May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	67	340	61.78	2.77	$5,080
Jan 2018	27	297	62.87	4.01	$2,888
Dec 2017	27	303	57.27	2.92	$2,432
Nov 2017	54	294	55.42	3.12	$3,909
Oct 2017	0	328	49.29	2.98	$979
Sep 2017	54	304	47.52	3.09	$3,505
Aug 2017	26	312	45.37	3.00	$2,117
Jul 2017	53	340	43.87	3.09	$3,375
Jun 2017	27	265	42.49	3.09	$1,965
May 2017	27	320	45.37	3.26	$2,269
Apr 2017	53	340	47.93	3.21	$3,632
Mar 2017	26	337	46.77	2.98	$2,222
Feb 2017	53	308	50.45	2.95	$3,583
Jan 2017	27	324	49.41	3.42	$2,442
Dec 2016	26	227	48.76	3.72	$2,113
Nov 2016	26	333	42.49	2.64	$1,985
Oct 2016	26	350	46.19	3.09	$2,283
Sep 2016	26	302	41.55	3.10	$2,017
Aug 2016	26	333	41.44	2.92	$2,051
Jul 2016	27	302	41.62	2.92	$2,007
Jun 2016	27	255	45.35	2.69	$1,909
May 2016	26	284	42.52	1.99	$1,671
Apr 2016	26	203	36.56	1.99	$1,355
Mar 2016	26	290	33.01	1.79	$1,379
Feb 2016	0	279	26.47	2.06	$576
Jan 2016	27	329	27.35	2.36	$1,516
Dec 2015	53	349	32.36	2.00	$2,414
Nov 2015	0	350	38.79	2.17	$759
Oct 2015	26	211	43.55	2.43	$1,644
Sep 2015	27	243	42.99	2.76	$1,831
Aug 2015	53	365	40.16	2.87	$3,177
Jul 2015	26	356	48.15	2.95	$2,300
Jun 2015	26	336	56.15	2.88	$2,429
May 2015	26	285	55.21	2.96	$2,278
Apr 2015	0	331	49.82	2.71	$896
Mar 2015	27	399	42.89	2.93	$2,329
Feb 2015	0	303	44.66	2.98	$902
Jan 2015	27	155	43.43	3.10	$1,653
Dec 2014	26	383	54.69	3.59	$2,797
Nov 2014	27	1,376	70.46	4.25	$7,753
Oct 2014	0	227	78.30	3.90	$886
Sep 2014	28	255	86.16	4.05	$3,444
Aug 2014	27	263	89.39	4.04	$3,475
Jul 2014	0	276	96.56	4.18	$1,154
Jun 2014	26	266	98.16	4.74	$3,812
May 2014	0	226	94.73	4.73	$1,068
Apr 2014	26	186	95.94	4.81	$3,389
Mar 2014	0	267	95.89	5.06	$1,350
Feb 2014	27	231	97.40	6.19	$4,060
Jan 2014	0	283	90.40	4.86	$1,376
Dec 2013	27	269	91.82	4.35	$3,651
Nov 2013	0	313	88.85	3.74	$1,170
Oct 2013	27	310	97.42	3.78	$3,802
Sep 2013	27	269	104.11	3.72	$3,811
Aug 2013	27	344	104.25	3.52	$4,027
Jul 2013	0	257	102.52	3.72	$955
Jun 2013	27	338	94.40	3.93	$3,878
May 2013	27	313	94.83	4.15	$3,859
Apr 2013	27	363	93.96	4.28	$4,092
Mar 2013	27	278	93.62	3.91	$3,616
Feb 2013	27	300	91.23	3.42	$3,489
Jan 2013	27	358	91.60	3.42	$3,698
Dec 2012	81	435	86.77	3.42	$8,516
Nov 2012	27	464	86.95	3.62	$4,030
Oct 2012	27	329	89.38	3.40	$3,532
Sep 2012	26	320	94.67	2.92	$3,395
Aug 2012	27	327	92.66	2.91	$3,453
Jul 2012	27	309	85.13	3.02	$3,232
Jun 2012	0	256	79.82	2.52	$645
May 2012	26	281	91.61	2.49	$3,081
Apr 2012	26	253	101.65	2.00	$3,148
Mar 2012	55	374	105.05	2.22	$6,609
Feb 2012	27	383	101.10	2.57	$3,714
Jan 2012	27	398	98.09	2.73	$3,737
Dec 2011	54	344	96.87	3.24	$6,345
Nov 2011	27	376	95.72	3.31	$3,829
Oct 2011	54	421	84.98	3.65	$6,125
Sep 2011	53	417	83.62	3.99	$6,094
Aug 2011	26	383	83.40	4.15	$3,758
Jul 2011	26	366	94.14	4.52	$4,101
Jun 2011	54	346	92.90	4.64	$6,622
May 2011	53	396	98.13	4.40	$6,945
Apr 2011	54	169	105.96	4.33	$6,454
Mar 2011	53	468	96.36	4.06	$7,006
Feb 2011	56	344	85.64	4.18	$6,234
Jan 2011	54	436	86.50	4.59	$6,672
Dec 2010	54	455	85.73	4.35	$6,608
Nov 2010	53	391	80.84	3.80	$5,768
Oct 2010	53	418	78.10	3.51	$5,606
Sep 2010	27	420	72.63	3.98	$3,632
Aug 2010	80	469	73.68	4.42	$7,967
Jul 2010	53	473	72.55	4.74	$6,086
Jun 2010	53	460	70.36	4.91	$5,988
May 2010	52	478	71.12	4.24	$5,723
Apr 2010	80	469	81.69	4.12	$8,469
Mar 2010	79	495	78.39	4.39	$8,365
Feb 2010	53	464	73.58	5.44	$6,425
Jan 2010	26	528	74.36	5.96	$5,082
Dec 2009	27	416	71.44	5.48	$4,210
Nov 2009	26	363	74.59	3.75	$3,301
Oct 2009	27	356	72.54	4.11	$3,422
Sep 2009	24	343	65.54	3.06	$2,624
Aug 2009	26	395	67.42	3.22	$3,024
Jul 2009	53	437	61.13	3.46	$4,754
Jun 2009	26	427	66.16	3.90	$3,383
May 2009	26	496	54.74	3.93	$3,370
Apr 2009	26	375	46.77	3.59	$2,561
Mar 2009	27	281	42.14	4.06	$2,278
Feb 2009	27	206	32.81	4.63	$1,840
Jan 2009	26	323	35.86	5.37	$2,667
Dec 2008	28	410	37.10	5.98	$3,489
Nov 2008	53	433	55.49	6.86	$5,912
Oct 2008	26	399	75.24	6.92	$4,718
Sep 2008	53	237	101.76	7.88	$7,260
Aug 2008	0	360	114.22	8.48	$3,054
Jul 2008	26	364	131.08	11.39	$7,554
Jun 2008	26	351	131.33	13.03	$7,989
May 2008	25	423	123.17	11.57	$7,975
Apr 2008	52	426	110.31	10.45	$10,190
Mar 2008	26	329	101.90	9.66	$5,829
Feb 2008	27	368	92.53	8.77	$5,726
Jan 2008	26	389	90.38	8.21	$5,542
Dec 2007	53	440	88.33	7.30	$7,894
Nov 2007	25	467	91.67	7.29	$5,697
Oct 2007	53	428	82.85	6.92	$7,354
Sep 2007	27	386	75.84	6.24	$4,458
Aug 2007	53	399	69.06	6.39	$6,209
Jul 2007	26	380	70.90	6.39	$4,271
Jun 2007	26	448	62.00	7.55	$4,994
May 2007	52	516	58.74	7.85	$7,103
Apr 2007	54	452	59.61	7.81	$6,747
Mar 2007	53	511	56.92	7.30	$6,748
Feb 2007	26	361	55.10	8.22	$4,399
Jan 2007	52	444	50.30	6.73	$5,602
Dec 2006	52	472	56.65	6.92	$6,211
Nov 2006	26	288	54.20	7.62	$3,603
Oct 2006	53	475	54.90	6.01	$5,766
Sep 2006	53	496	60.08	5.04	$5,683
Aug 2006	80	565	68.71	7.34	$9,644
Jul 2006	53	558	69.37	6.34	$7,216
Jun 2006	52	329	66.28	6.38	$5,547
May 2006	52	258	66.01	6.42	$5,090
Apr 2006	53	552	64.39	7.36	$7,476
Mar 2006	26	485	56.70	7.08	$4,909
Feb 2006	26	348	57.59	7.75	$4,195
Jan 2006	53	430	60.59	8.93	$7,053
Dec 2005	27	428	54.94	13.42	$7,225
Nov 2005	27	206	54.69	10.59	$3,658
Oct 2005	27	0	58.34	13.80	$1,575
Sep 2005	52	253	61.45	12.08	$6,251
Aug 2005	26	447	61.51	9.80	$5,978
Jul 2005	26	455	55.69	7.84	$5,017
Jun 2005	26	423	52.33	7.38	$4,483
May 2005	26	432	45.22	6.65	$4,049
Apr 2005	53	414	49.20	7.36	$5,655
Mar 2005	27	434	50.37	7.15	$4,465
Feb 2005	27	525	45.22	6.31	$4,535
Jan 2005	53	405	43.16	6.32	$4,848
Dec 2004	27	202	39.86	6.75	$2,440
Nov 2004	27	428	45.28	6.33	$3,932
Oct 2004	26	412	49.70	6.52	$3,976
Sep 2004	26	378	43.24	5.28	$3,122
Aug 2004	27	455	42.37	5.55	$3,670
Jul 2004	27	471	38.28	6.08	$3,899
Jun 2004	27	394	36.10	6.43	$3,509
May 2004	26	416	37.48	6.49	$3,676
Apr 2004	27	393	34.47	5.86	$3,233
Mar 2004	53	445	34.36	5.53	$4,282
Feb 2004	27	382	32.45	5.51	$2,981
Jan 2004	27	396	32.03	6.30	$3,359
Dec 2003	28	406	30.26	6.30	$3,406
Nov 2003	28	378	28.80	4.60	$2,543
Oct 2003	28	413	28.17	4.76	$2,754
Sep 2003	27	416	26.31	4.75	$2,686
Aug 2003	26	467	29.76	5.13	$3,169
Jul 2003	27	405	29.41	5.17	$2,888
Jun 2003	27	461	28.56	5.98	$3,529
May 2003	54	490	26.59	5.97	$4,362
Apr 2003	26	474	26.67	5.41	$3,256
Mar 2003	27	461	31.14	6.10	$3,651
Feb 2003	109	391	33.48	7.93	$6,748
Jan 2003	0	927	30.31	5.58	$5,175
Dec 2002	0	943	26.91	4.85	$4,577
Nov 2002	25	761	24.66	4.14	$3,765
Oct 2002	53	720	26.46	4.23	$4,447
Sep 2002	0	647	27.44	3.64	$2,352
Aug 2002	52	561	25.96	3.16	$3,125
Jul 2002	24	639	24.58	3.06	$2,546
Jun 2002	20	511	23.73	3.34	$2,180
May 2002	23	727	24.66	3.58	$3,173
Apr 2002	40	847	23.65	3.51	$3,921
Mar 2002	18	795	22.00	3.10	$2,863
Feb 2002	20	834	18.22	2.38	$2,346
Jan 2002	41	856	17.17	2.38	$2,738
Dec 2001	19	897	16.93	2.36	$2,443
Nov 2001	37	845	18.07	2.41	$2,701
Oct 2001	31	938	19.78	2.53	$2,985
Sep 2001	33	614	24.26	2.25	$2,183
Aug 2001	41	771	24.87	3.05	$3,374
Jul 2001	21	728	23.93	3.20	$2,830
Jun 2001	18	802	24.56	3.82	$3,509
May 2001	38	895	25.52	4.31	$4,825
Apr 2001	20	945	24.68	5.34	$5,535
Mar 2001	40	1,076	24.54	5.38	$6,767
Feb 2001	58	845	27.75	5.77	$6,483
Jan 2001	72	1,626	27.47	8.40	$15,634
Dec 2000	39	1,263	26.88	9.12	$12,570
Nov 2000	78	1,502	32.21	5.66	$11,011
Oct 2000	37	1,271	31.23	5.15	$7,695
Sep 2000	88	1,224	31.87	5.19	$9,153
Aug 2000	46	1,447	29.64	4.54	$7,934
Jul 2000	40	853	28.53	4.09	$4,630
Jun 2000	41	760	29.30	4.40	$4,543
May 2000	20	755	27.26	3.68	$3,323
Apr 2000	19	658	24.51	3.12	$2,516
Mar 2000	20	683	28.42	2.86	$2,522
Feb 2000	21	658	27.62	2.73	$2,374
Jan 2000	21	723	25.27	2.48	$2,324
Dec 1999	45	853	24.28	2.42	$3,160
Nov 1999	22	907	23.19	2.43	$2,718
Oct 1999	16	1,060	20.98	2.80	$3,308
Sep 1999	29	1,113	21.75	2.62	$3,546
Aug 1999	28	950	19.26	2.88	$3,271
Jul 1999	15	999	17.89	2.37	$2,638
Jun 1999	32	1,352	15.94	2.36	$3,704
May 1999	37	884	15.79	2.32	$2,636
Apr 1999	31	927	15.10	2.21	$2,515
Mar 1999	66	1,192	12.47	1.84	$3,014
Feb 1999	0	868	9.98	1.82	$1,578
Jan 1999	39	811	10.38	1.90	$1,946
Dec 1998	41	866	9.20	1.77	$1,913
Nov 1998	0	720	10.89	2.19	$1,574
Oct 1998	30	865	12.42	1.97	$2,076
Sep 1998	37	979	12.59	2.08	$2,505
Aug 1998	33	924	11.30	1.91	$2,135
Jul 1998	37	1,308	11.74	2.24	$3,361
Jun 1998	64	1,210	11.24	2.24	$3,426
May 1998	28	1,270	12.62	2.21	$3,155
Apr 1998	63	923	13.04	2.51	$3,134
Mar 1998	69	1,579	12.80	2.31	$4,530
Feb 1998	76	1,896	13.95	2.30	$5,419
Jan 1998	108	1,977	14.70	2.15	$5,848
Dec 1997	61	1,412	16.32	2.41	$4,400
Nov 1997	111	2,321	18.19	3.09	$9,187
Oct 1997	76	1,912	19.25	3.15	$7,485
Sep 1997	114	1,132	17.74	2.95	$5,367
Aug 1997	83	1,013	17.86	2.55	$4,070
Jul 1997	120	1,526	17.58	2.25	$5,538
Jun 1997	127	1,181	17.24	2.26	$4,855
May 1997	83	1,257	18.97	2.31	$4,476
Apr 1997	164	1,262	17.88	2.08	$5,561
Mar 1997	41	1,361	18.95	1.94	$3,416
Feb 1997	87	1,061	20.49	2.21	$4,123
Jan 1997	81	1,005	23.48	3.54	$5,459
Dec 1996	117	488	23.32	—	$2,728
Nov 1996	94	903	21.97	—	$2,065
Oct 1996	144	964	23.31	—	$3,357
Sep 1996	173	1,090	22.22	—	$3,844
Aug 1996	40	1,529	20.26	—	$810
Jul 1996	147	1,187	19.55	—	$2,874
Jun 1996	182	1,538	18.73	—	$3,409
May 1996	120	1,722	19.43	—	$2,332
Apr 1996	491	1,658	21.51	—	$10,561
Mar 1996	0	1,136	19.38	—	$0
Feb 1996	465	1,049	16.98	—	$7,896
Jan 1996	0	1,060	17.07	—	$0
Dec 1995	0	1,191	17.19	—	$0
Nov 1995	0	1,051	16.00	—	$0
Oct 1995	456	1,100	15.43	—	$7,036
Sep 1995	0	1,024	16.18	—	$0
Aug 1995	2	951	15.92	—	$32
Jul 1995	0	1,133	15.24	—	$0
Jun 1995	426	518	16.41	—	$6,991
May 1995	0	625	17.56	—	$0
Apr 1995	0	549	17.73	—	$0
Mar 1995	442	715	16.44	—	$7,266
Feb 1995	0	755	16.58	—	$0
Jan 1995	0	759	15.92	—	$0
Dec 1994	398	381	15.03	—	$5,982
Nov 1994	0	813	15.90	—	$0
Oct 1994	0	763	15.58	—	$0
Sep 1994	0	748	15.29	—	$0
Aug 1994	0	151	16.13	—	$0
Jul 1994	0	3	17.56	—	$0
Jun 1994	50	7	17.09	—	$855
May 1994	0	0	15.88	—	$0
Apr 1994	343	668	14.14	—	$4,850
Mar 1994	0	711	12.46	—	$0
Feb 1994	0	693	12.50	—	$0
Jan 1994	0	774	12.66	—	$0
Dec 1993	385	790	12.33	—	$4,747
Nov 1993	0	737	14.49	—	$0
Oct 1993	2	683	15.85	—	$32
Sep 1993	0	387	15.03	—	$0
Aug 1993	424	1	15.66	—	$6,640
Jul 1993	0	0	15.46	—	$0
Jun 1993	0	0	16.79	—	$0
May 1993	0	440	17.68	—	$0
Apr 1993	0	639	18.05	—	$0
Mar 1993	0	593	18.14	—	$0
Feb 1993	0	501	17.90	—	$0
Jan 1993	448	466	16.93	—	$7,585

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.

Feb 2018 — as filed, then multipliedworked

Oil                   67 bbl  × $ 61.78 =     $4,139
Casinghead gas       340 Mcf  × $  2.77 =       $940

────────────────────────────────────────────────────
Month total                                   $5,080

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/O/11484 is the state's own key, not one this site invented.