MUNGER NIX -F-

Operated by LZS CORPORATION (P-5 517670) in the FUHRMAN-MASCHO field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29940District 08Field 33176001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$73 k
Jan 1993 – Apr 1996
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
40
no gaps in the span
Streams
2
oil, casinghead 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 510 leases and 5,228 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2008-10-20.

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: ANDRES RESERVOIRS.

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
OilDisposition4,543 bbl$72,733
Casinghead gasProduction23 Mcf$0
Total$72,733

23 Mcf of this lease's gas, across 23 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 32.2861, -102.7252. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.28610, -102.72517 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,950 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 4,950 ft.

Completions filed
Jun 1985
1 of 1 wells

1 well

42-0033459814,950 ftJun 1985

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 (40)

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

40 months

Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 1995239117.19$4,108
Nov 19950116.00$0
Oct 199590015.43$1,389
Sep 1995165016.18$2,670
Aug 199569015.92$1,098
Jul 1995135015.24$2,057
Jun 1995147016.41$2,412
May 1995160017.56$2,810
Apr 1995162017.73$2,872
Mar 19950016.44$0
Feb 1995178016.58$2,951
Jan 1995164015.92$2,611
Dec 1994189015.03$2,841
Nov 1994163015.90$2,592
Oct 199496015.58$1,496
Sep 199482115.29$1,254
Aug 1994105116.13$1,694
Jul 1994163117.56$2,862
Jun 199499117.09$1,692
May 1994173115.88$2,747
Apr 1994155114.14$2,192
Mar 19940112.46$0
Feb 1994161112.50$2,013
Jan 1994152112.66$1,924
Dec 1993157112.33$1,936
Nov 199338114.49$551
Oct 1993188115.85$2,980
Sep 1993119115.03$1,789
Aug 199356115.66$877
Jul 199389115.46$1,376
Jun 199385116.79$1,427
May 1993189117.68$3,342
Apr 1993188118.05$3,393
Mar 1993107118.14$1,941
Feb 1993100117.90$1,790
Jan 1993180116.93$3,047

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.

Dec 1995 — as filed, then multipliedworked
Oil                  239 bbl  × $ 17.19 =     $4,108
Casinghead gas         1 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $4,108

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/29940 is the state's own key, not one this site invented.