ARGO -A-

Name: ARGO -A- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ENDEAVOR ENERGY RESOURCES L.P. (P-5 251726) in the MARTIN (TUBB) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 30441District 08Field 57774664Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$750 k

Jan 1993 – Oct 2010

Value, last 12 filed months

$31 k

at the published price for each month

Months reported

214

no gaps in the span

Streams

oil, casinghead gas

The MARTIN (TUBB) 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 13 leases and 41 wells, and the rule below applies to all of them.

Discovered

1955-11-24

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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: “INTO MARTIN (CONSOLIDATED) EFFECTIVE 6/22/2010.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	14,744 bbl	$456,580
Casinghead gas	Production	94,517 Mcf	$293,217
Total			$749,797

33,409 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 32.2203, -102.7963. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.22029, -102.79628 · 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%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

6,600 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

1100.0%

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.

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 6,600 ft.

Completions filed

Jan 1986

1 of 1 wells

1 well


42-00335309	2	6,600 ft	Jan 1986	—	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 (214)

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

214 months


Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	170	248	71.12	4.24	$13,141
Apr 2010	0	168	81.69	4.12	$693
Mar 2010	0	256	78.39	4.39	$1,124
Feb 2010	159	222	73.58	5.44	$12,907
Jan 2010	0	237	74.36	5.96	$1,413
Dec 2009	0	230	71.44	5.48	$1,261
Nov 2009	0	203	74.59	3.75	$762
Oct 2009	0	182	72.54	4.11	$748
Sep 2009	144	272	65.54	3.06	$10,271
Aug 2009	0	310	67.42	3.22	$998
Jul 2009	0	298	61.13	3.46	$1,032
Jun 2009	3	291	66.16	3.90	$1,332
May 2009	163	297	54.74	3.93	$10,089
Apr 2009	0	241	46.77	3.59	$865
Mar 2009	0	115	42.14	4.06	$467
Feb 2009	153	256	32.81	4.63	$6,206
Jan 2009	1	274	35.86	5.37	$1,508
Dec 2008	0	347	37.10	5.98	$2,074
Nov 2008	0	177	55.49	6.86	$1,214
Oct 2008	161	12	75.24	6.92	$12,197
Sep 2008	0	80	101.76	7.88	$630
Aug 2008	1	149	114.22	8.48	$1,378
Jul 2008	164	249	131.08	11.39	$24,333
Jun 2008	1	307	131.33	13.03	$4,132
May 2008	1	252	123.17	11.57	$3,040
Apr 2008	162	295	110.31	10.45	$20,954
Mar 2008	0	330	101.90	9.66	$3,189
Feb 2008	0	287	92.53	8.77	$2,517
Jan 2008	1	243	90.38	8.21	$2,084
Dec 2007	170	309	88.33	7.30	$17,272
Nov 2007	0	317	91.67	7.29	$2,311
Oct 2007	0	353	82.85	6.92	$2,443
Sep 2007	159	281	75.84	6.24	$13,813
Aug 2007	0	361	69.06	6.39	$2,306
Jul 2007	0	362	70.90	6.39	$2,312
Jun 2007	176	345	62.00	7.55	$13,516
May 2007	0	372	58.74	7.85	$2,919
Apr 2007	171	365	59.61	7.81	$13,042
Mar 2007	0	381	56.92	7.30	$2,782
Feb 2007	1	306	55.10	8.22	$2,569
Jan 2007	171	291	50.30	6.73	$10,559
Dec 2006	0	314	56.65	6.92	$2,172
Nov 2006	0	331	54.20	7.62	$2,521
Oct 2006	169	228	54.90	6.01	$10,649
Sep 2006	0	209	60.08	5.04	$1,053
Aug 2006	0	199	68.71	7.34	$1,461
Jul 2006	0	389	69.37	6.34	$2,467
Jun 2006	170	342	66.28	6.38	$13,451
May 2006	0	394	66.01	6.42	$2,531
Apr 2006	177	395	64.39	7.36	$14,304
Mar 2006	1	424	56.70	7.08	$3,060
Feb 2006	165	517	57.59	7.75	$13,510
Jan 2006	1	305	60.59	8.93	$2,785
Dec 2005	1	158	54.94	13.42	$2,175
Nov 2005	0	245	54.69	10.59	$2,594
Oct 2005	0	345	58.34	13.80	$4,760
Sep 2005	0	250	61.45	12.08	$3,020
Aug 2005	171	357	61.51	9.80	$14,016
Jul 2005	0	373	55.69	7.84	$2,926
Jun 2005	2	356	52.33	7.38	$2,732
May 2005	1	378	45.22	6.65	$2,559
Apr 2005	0	394	49.20	7.36	$2,900
Mar 2005	171	442	50.37	7.15	$11,776
Feb 2005	0	361	45.22	6.31	$2,279
Jan 2005	0	413	43.16	6.32	$2,611
Dec 2004	0	349	39.86	6.75	$2,356
Nov 2004	173	376	45.28	6.33	$10,214
Oct 2004	1	448	49.70	6.52	$2,968
Sep 2004	172	275	43.24	5.28	$8,890
Aug 2004	0	185	42.37	5.55	$1,027
Jul 2004	0	402	38.28	6.08	$2,446
Jun 2004	0	416	36.10	6.43	$2,676
May 2004	175	322	37.48	6.49	$8,650
Apr 2004	0	410	34.47	5.86	$2,402
Mar 2004	0	432	34.36	5.53	$2,389
Feb 2004	178	407	32.45	5.51	$8,019
Jan 2004	0	438	32.03	6.30	$2,759
Dec 2003	0	410	30.26	6.30	$2,584
Nov 2003	105	415	28.80	4.60	$4,931
Oct 2003	0	408	28.17	4.76	$1,942
Sep 2003	137	445	26.31	4.75	$5,718
Aug 2003	0	433	29.76	5.13	$2,221
Jul 2003	60	441	29.41	5.17	$4,045
Jun 2003	65	433	28.56	5.98	$4,447
May 2003	61	369	26.59	5.97	$3,826
Apr 2003	69	342	26.67	5.41	$3,690
Mar 2003	81	369	31.14	6.10	$4,772
Feb 2003	70	344	33.48	7.93	$5,070
Jan 2003	78	375	30.31	5.58	$4,457
Dec 2002	121	381	26.91	4.85	$5,105
Nov 2002	42	390	24.66	4.14	$2,649
Oct 2002	156	362	26.46	4.23	$5,659
Sep 2002	1	420	27.44	3.64	$1,554
Aug 2002	175	282	25.96	3.16	$5,435
Jul 2002	0	401	24.58	3.06	$1,228
Jun 2002	0	425	23.73	3.34	$1,419
May 2002	173	421	24.66	3.58	$5,775
Apr 2002	0	340	23.65	3.51	$1,194
Mar 2002	0	366	22.00	3.10	$1,136
Feb 2002	145	388	18.22	2.38	$3,564
Jan 2002	0	409	17.17	2.38	$972
Dec 2001	140	433	16.93	2.36	$3,394
Nov 2001	2	399	18.07	2.41	$996
Oct 2001	0	422	19.78	2.53	$1,067
Sep 2001	152	466	24.26	2.25	$4,737
Aug 2001	1	502	24.87	3.05	$1,558
Jul 2001	159	493	23.93	3.20	$5,381
Jun 2001	0	454	24.56	3.82	$1,736
May 2001	174	485	25.52	4.31	$6,530
Apr 2001	0	407	24.68	5.34	$2,171
Mar 2001	0	484	24.54	5.38	$2,602
Feb 2001	170	437	27.75	5.77	$7,238
Jan 2001	0	485	27.47	8.40	$4,073
Dec 2000	169	460	26.88	9.12	$8,739
Nov 2000	0	473	32.21	5.66	$2,676
Oct 2000	0	500	31.23	5.15	$2,573
Sep 2000	139	492	31.87	5.19	$6,982
Aug 2000	111	499	29.64	4.54	$5,556
Jul 2000	0	407	28.53	4.09	$1,665
Jun 2000	192	516	29.30	4.40	$7,895
May 2000	3	330	27.26	3.68	$1,296
Apr 2000	1	382	24.51	3.12	$1,215
Mar 2000	156	520	28.42	2.86	$5,921
Feb 2000	0	488	27.62	2.73	$1,331
Jan 2000	0	412	25.27	2.48	$1,022
Dec 1999	152	503	24.28	2.42	$4,910
Nov 1999	2	469	23.19	2.43	$1,188
Oct 1999	138	506	20.98	2.80	$4,314
Sep 1999	131	498	21.75	2.62	$4,153
Aug 1999	6	513	19.26	2.88	$1,591
Jul 1999	160	510	17.89	2.37	$4,072
Jun 1999	5	499	15.94	2.36	$1,258
May 1999	0	517	15.79	2.32	$1,200
Apr 1999	157	500	15.10	2.21	$3,475
Mar 1999	139	513	12.47	1.84	$2,676
Feb 1999	6	461	9.98	1.82	$898
Jan 1999	182	506	10.38	1.90	$2,851
Dec 1998	2	0	9.20	1.77	$18
Nov 1998	0	388	10.89	2.19	$848
Oct 1998	168	363	12.42	1.97	$2,801
Sep 1998	181	512	12.59	2.08	$3,345
Aug 1998	0	536	11.30	1.91	$1,022
Jul 1998	195	541	11.74	2.24	$3,500
Jun 1998	0	579	11.24	2.24	$1,295
May 1998	1	421	12.62	2.21	$941
Apr 1998	175	514	13.04	2.51	$3,570
Mar 1998	0	530	12.80	2.31	$1,224
Feb 1998	172	465	13.95	2.30	$3,469
Jan 1998	1	517	14.70	2.15	$1,129
Dec 1997	178	521	16.32	2.41	$4,161
Nov 1997	0	514	18.19	3.09	$1,587
Oct 1997	176	396	19.25	3.15	$4,635
Sep 1997	0	530	17.74	2.95	$1,566
Aug 1997	182	530	17.86	2.55	$4,605
Jul 1997	1	529	17.58	2.25	$1,206
Jun 1997	0	504	17.24	2.26	$1,138
May 1997	186	522	18.97	2.31	$4,733
Apr 1997	1	494	17.88	2.08	$1,047
Mar 1997	181	509	18.95	1.94	$4,417
Feb 1997	1	443	20.49	2.21	$998
Jan 1997	181	490	23.48	3.54	$5,984
Dec 1996	0	436	23.32	—	$0
Nov 1996	183	488	21.97	—	$4,021
Oct 1996	0	521	23.31	—	$0
Sep 1996	179	494	22.22	—	$3,977
Aug 1996	0	516	20.26	—	$0
Jul 1996	1	542	19.55	—	$20
Jun 1996	170	534	18.73	—	$3,184
May 1996	179	543	19.43	—	$3,478
Apr 1996	0	511	21.51	—	$0
Mar 1996	172	786	19.38	—	$3,333
Feb 1996	0	898	16.98	—	$0
Jan 1996	182	975	17.07	—	$3,107
Dec 1995	1	947	17.19	—	$17
Nov 1995	183	653	16.00	—	$2,928
Oct 1995	2	759	15.43	—	$31
Sep 1995	182	693	16.18	—	$2,945
Aug 1995	0	858	15.92	—	$0
Jul 1995	184	1,018	15.24	—	$2,804
Jun 1995	182	606	16.41	—	$2,987
May 1995	0	951	17.56	—	$0
Apr 1995	0	263	17.73	—	$0
Mar 1995	180	800	16.44	—	$2,959
Feb 1995	0	810	16.58	—	$0
Jan 1995	186	835	15.92	—	$2,961
Dec 1994	0	672	15.03	—	$0
Nov 1994	320	438	15.90	—	$5,088
Oct 1994	0	396	15.58	—	$0
Sep 1994	0	538	15.29	—	$0
Aug 1994	171	868	16.13	—	$2,758
Jul 1994	312	895	17.56	—	$5,479
Jun 1994	0	647	17.09	—	$0
May 1994	0	656	15.88	—	$0
Apr 1994	363	772	14.14	—	$5,133
Mar 1994	0	975	12.46	—	$0
Feb 1994	0	521	12.50	—	$0
Jan 1994	136	957	12.66	—	$1,722
Dec 1993	181	127	12.33	—	$2,232
Nov 1993	194	624	14.49	—	$2,811
Oct 1993	0	1,168	15.85	—	$0
Sep 1993	182	258	15.03	—	$2,735
Aug 1993	0	342	15.66	—	$0
Jul 1993	0	917	15.46	—	$0
Jun 1993	175	709	16.79	—	$2,938
May 1993	176	317	17.68	—	$3,112
Apr 1993	0	1,570	18.05	—	$0
Mar 1993	164	924	18.14	—	$2,975
Feb 1993	0	775	17.90	—	$0
Jan 1993	176	906	16.93	—	$2,980

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.

May 2010 — as filed, then multipliedworked

Oil                  170 bbl  × $ 71.12 =    $12,090
Casinghead gas       248 Mcf  × $  4.24 =     $1,050

────────────────────────────────────────────────────
Month total                                  $13,141

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/30441 is the state's own key, not one this site invented.