SYLER, J.

Operated by RICHEY, RAY MANAGEMENT CO., INC. (P-5 709694) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 103021District 09Field 10574520NGPA filingCondensateGasSaveExport
Value, all time
$82 k
Jan 1993 – Oct 2004
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
142
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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered
1945-05-01
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
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: AMOUNT HAD BEEN CALCULATED FOR 5/1/97.

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
CondensateDisposition56 bbl$1,085
GasProduction31,925 Mcf$80,602
Total$81,687

11,942 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 33.2523, -97.4300. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.25231, -97.42995 · 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
6,600 ft
1 wells filed one
Completion to plug
22.0 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 6,600 ft.

Completions filed
Oct 1982
1 of 1 wells
Plug dates filed
Oct 2004
1 of 1 wells

Last completion to plug: a median of 22.0 years across the 1 well that filed both dates, with the middle half between 22.0 years and 22.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973243716,600 ftOct 1982Oct 2004Yes

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 (142)

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

142 months

Oct 20040049.706.52$0
Sep 20040043.245.28$0
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 200401,25332.455.51$6,904
Jan 2004048332.036.30$3,043
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 200302826.314.75$133
Aug 200307929.765.13$405
Jul 200308729.415.17$450
Jun 2003019928.565.98$1,191
May 2003027526.595.97$1,642
Apr 200309226.675.41$497
Mar 2003010431.146.10$634
Feb 2003011433.487.93$904
Jan 200308830.315.58$491
Dec 2002014726.914.85$714
Nov 2002013624.664.14$563
Oct 2002010726.464.23$453
Sep 200209827.443.64$356
Aug 200209725.963.16$307
Jul 2002010924.583.06$334
Jun 2002010523.733.34$351
May 2002015524.663.58$556
Apr 200205223.653.51$183
Mar 200207322.003.10$227
Feb 200206318.222.38$150
Jan 200209117.172.38$216
Dec 2001011716.932.36$277
Nov 2001013218.072.41$318
Oct 2001016519.782.53$417
Sep 2001011324.262.25$254
Aug 2001010524.873.05$321
Jul 2001014223.933.20$454
Jun 20010024.563.82$0
May 200102,75125.524.31$11,849
Apr 200102,61124.685.34$13,931
Mar 20010024.545.38$0
Feb 200102,24427.755.77$12,941
Jan 20010127.478.40$8
Dec 20000326.889.12$27
Nov 20000032.215.66$0
Oct 20000831.235.15$41
Sep 2000024631.875.19$1,276
Aug 20000029.644.54$0
Jul 20000728.534.09$29
Jun 200003729.304.40$163
May 200005527.263.68$202
Apr 200002324.513.12$72
Mar 200002828.422.86$80
Feb 200003127.622.73$85
Jan 200007425.272.48$184
Dec 1999011024.282.42$267
Nov 1999010123.192.43$246
Oct 1999011820.982.80$331
Sep 1999012721.752.62$333
Aug 1999058219.262.88$1,674
Jul 199901,98317.892.37$4,704
Jun 1999081615.942.36$1,927
May 199903615.792.32$84
Apr 199903615.102.21$79
Mar 1999016812.471.84$309
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 199802339.201.77$413
Nov 199809310.892.19$203
Oct 1998010512.421.97$207
Sep 199803412.592.08$71
Aug 199805611.301.91$107
Jul 1998012011.742.24$268
Jun 1998012411.242.24$277
May 199802412.622.21$53
Apr 1998014413.042.51$361
Mar 1998027412.802.31$633
Feb 199809313.952.30$214
Jan 1998014514.702.15$312
Dec 1997011216.322.41$270
Nov 1997010818.193.09$334
Oct 1997013719.253.15$432
Sep 1997013817.742.95$408
Aug 1997017017.862.55$434
Jul 1997015217.582.25$342
Jun 1997013917.242.26$314
May 1997010318.972.31$238
Apr 1997010917.882.08$227
Mar 1997013518.951.94$262
Feb 1997012920.492.21$285
Jan 1997010123.483.54$358
Dec 199608523.32$0
Nov 199608221.97$0
Oct 1996013023.31$0
Sep 1996011622.22$0
Aug 1996014620.26$0
Jul 1996020919.55$0
Jun 1996016718.73$0
May 1996018019.43$0
Apr 1996018321.51$0
Mar 19965632319.38$1,085
Feb 1996015916.98$0
Jan 1996018917.07$0
Dec 1995017717.19$0
Nov 1995015716.00$0
Oct 1995015515.43$0
Sep 1995012516.18$0
Aug 1995012515.92$0
Jul 1995017715.24$0
Jun 1995025016.41$0
May 1995017817.56$0
Apr 1995015717.73$0
Mar 1995018816.44$0
Feb 1995018216.58$0
Jan 1995011615.92$0
Dec 1994011315.03$0
Nov 1994011815.90$0
Oct 1994031515.58$0
Sep 1994032615.29$0
Aug 1994036516.13$0
Jul 199401017.56$0
Jun 1994043017.09$0
May 1994029815.88$0
Apr 1994026414.14$0
Mar 1994028812.46$0
Feb 1994032212.50$0
Jan 1994026812.66$0
Dec 1993035212.33$0
Nov 1993053214.49$0
Oct 1993048015.85$0
Sep 1993040415.03$0
Aug 1993027515.66$0
Jul 1993053015.46$0
Jun 1993042216.79$0
May 1993038917.68$0
Apr 1993038018.05$0
Mar 1993050818.14$0
Feb 1993028017.90$0
Jan 1993031716.93$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.

Feb 2004 — as filed, then multipliedworked
Condensate             0 bbl  × $ 32.45 =         $0
Gas                1,253 Mcf  × $  5.51 =     $6,904

────────────────────────────────────────────────────
Month total                                   $6,904

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. 09/G/103021 is the state's own key, not one this site invented.