POTTER, H. M. UNIT

Operated by J-W OPERATING CO. (P-5 427960) in the MONTEATH (ATOKA, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 129465District 09Field 62580100NGPA filingGasSaveExport
Value, all time
$196 k
Jan 1993 – Apr 2010
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
208
no gaps in the span
Streams
1
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 32 leases and 32 wells, and the rule below applies to all of them.

Discovered
1980-08-22
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

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/2005.

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
GasProduction54,185 Mcf$195,616
Total$195,616

16,052 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 33.1746, -97.3890. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.17458, -97.38902 · 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
5,630 ft
1 wells filed one
Completion to plug
21.4 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 5,630 ft.

Completions filed
Nov 1988
1 of 1 wells
Plug dates filed
Apr 2010
1 of 1 wells

Last completion to plug: a median of 21.4 years across the 1 well that filed both dates, with the middle half between 21.4 years and 21.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1213051035,630 ftNov 1988Apr 2010Yes

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 (208)

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

208 months

Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 20094067.423.22$129
Jul 200912461.133.46$430
Jun 200915466.163.90$600
May 200915654.743.93$612
Apr 200911446.773.59$409
Mar 200916242.144.06$658
Feb 200912932.814.63$598
Jan 200916035.865.37$859
Dec 200810737.105.98$640
Nov 20083655.496.86$247
Oct 200830475.246.92$2,104
Sep 2008228101.767.88$1,796
Aug 2008167114.228.48$1,417
Jul 2008116131.0811.39$1,321
Jun 2008162131.3313.03$2,111
May 2008183123.1711.57$2,118
Apr 2008202110.3110.45$2,112
Mar 2008194101.909.66$1,875
Feb 200812992.538.77$1,131
Jan 200814290.388.21$1,165
Dec 200712888.337.30$935
Nov 200713391.677.29$970
Oct 200715782.856.92$1,087
Sep 200715375.846.24$955
Aug 200718169.066.39$1,156
Jul 200716870.906.39$1,073
Jun 200717462.007.55$1,313
May 200717958.747.85$1,404
Apr 200717359.617.81$1,350
Mar 200717556.927.30$1,278
Feb 200713055.108.22$1,068
Jan 200714150.306.73$948
Dec 200615556.656.92$1,072
Nov 200614454.207.62$1,097
Oct 200614454.906.01$866
Sep 200615260.085.04$766
Aug 200619868.717.34$1,453
Jul 200615469.376.34$977
Jun 200616966.286.38$1,079
May 200618966.016.42$1,214
Apr 200616364.397.36$1,200
Mar 200617756.707.08$1,254
Feb 200629457.597.75$2,279
Jan 200626960.598.93$2,403
Dec 200524954.9413.42$3,340
Nov 200529454.6910.59$3,113
Oct 200515958.3413.80$2,194
Sep 200516261.4512.08$1,957
Aug 200519861.519.80$1,940
Jul 200522155.697.84$1,733
Jun 200519852.337.38$1,461
May 200520945.226.65$1,390
Apr 200521049.207.36$1,546
Mar 200518550.377.15$1,324
Feb 200514445.226.31$909
Jan 200516543.166.32$1,043
Dec 200421139.866.75$1,424
Nov 200418745.286.33$1,184
Oct 200416449.706.52$1,068
Sep 200416643.245.28$877
Aug 200421442.375.55$1,188
Jul 200423638.286.08$1,436
Jun 200424236.106.43$1,557
May 200425937.486.49$1,682
Apr 200424634.475.86$1,441
Mar 200429734.365.53$1,642
Feb 200427332.455.51$1,504
Jan 200428432.036.30$1,789
Dec 200319230.266.30$1,210
Nov 200320328.804.60$933
Oct 200319228.174.76$914
Sep 200316826.314.75$798
Aug 200319429.765.13$995
Jul 200319629.415.17$1,013
Jun 200318028.565.98$1,077
May 200318826.595.97$1,123
Apr 200322026.675.41$1,190
Mar 200324331.146.10$1,481
Feb 200318533.487.93$1,466
Jan 200319130.315.58$1,066
Dec 200221426.914.85$1,039
Nov 200220624.664.14$852
Oct 200223126.464.23$977
Sep 200221827.443.64$792
Aug 200222225.963.16$702
Jul 200222424.583.06$686
Jun 200220823.733.34$694
May 200220324.663.58$728
Apr 200220723.653.51$727
Mar 200221022.003.10$652
Feb 200218418.222.38$437
Jan 200221117.172.38$501
Dec 200120716.932.36$489
Nov 200123818.072.41$573
Oct 200118419.782.53$465
Sep 200122324.262.25$502
Aug 200118824.873.05$574
Jul 200119323.933.20$617
Jun 200118324.563.82$700
May 200120325.524.31$874
Apr 200120224.685.34$1,078
Mar 200121524.545.38$1,156
Feb 20017,15227.755.77$41,246
Jan 200123027.478.40$1,932
Dec 200016426.889.12$1,496
Nov 200022432.215.66$1,267
Oct 200018231.235.15$936
Sep 200028631.875.19$1,483
Aug 200040529.644.54$1,839
Jul 200030328.534.09$1,239
Jun 200022629.304.40$994
May 200027327.263.68$1,005
Apr 200030624.513.12$954
Mar 200030328.422.86$867
Feb 200028127.622.73$766
Jan 200031525.272.48$781
Dec 199929124.282.42$705
Nov 199924123.192.43$587
Oct 199926020.982.80$729
Sep 199926921.752.62$704
Aug 199923219.262.88$667
Jul 199922017.892.37$522
Jun 199922615.942.36$534
May 199920815.792.32$483
Apr 199922715.102.21$501
Mar 199920712.471.84$381
Feb 19991699.981.82$307
Jan 199922910.381.90$435
Dec 19982049.201.77$362
Nov 199825110.892.19$549
Oct 199832112.421.97$632
Sep 199826212.592.08$546
Aug 199827411.301.91$523
Jul 199827611.742.24$617
Jun 199816211.242.24$362
May 199810412.622.21$229
Apr 19987613.042.51$190
Mar 199820212.802.31$467
Feb 199819513.952.30$448
Jan 199820514.702.15$442
Dec 199726016.322.41$627
Nov 199722918.193.09$707
Oct 199719819.253.15$624
Sep 199722417.742.95$662
Aug 199724617.862.55$628
Jul 199726117.582.25$586
Jun 199727217.242.26$614
May 199727518.972.31$635
Apr 199725617.882.08$533
Mar 199727118.951.94$526
Feb 199720920.492.21$461
Jan 199726323.483.54$931
Dec 199626823.32$0
Nov 199624321.97$0
Oct 199625723.31$0
Sep 199620722.22$0
Aug 199621120.26$0
Jul 199624019.55$0
Jun 199625018.73$0
May 199643019.43$0
Apr 199638521.51$0
Mar 199632519.38$0
Feb 199640916.98$0
Jan 199642517.07$0
Dec 199541717.19$0
Nov 199534516.00$0
Oct 199532415.43$0
Sep 199531216.18$0
Aug 199534315.92$0
Jul 199532915.24$0
Jun 199533216.41$0
May 199534417.56$0
Apr 199531917.73$0
Mar 199534116.44$0
Feb 199531316.58$0
Jan 199533415.92$0
Dec 199434915.03$0
Nov 199432915.90$0
Oct 199435715.58$0
Sep 199436315.29$0
Aug 199437016.13$0
Jul 199439917.56$0
Jun 199444617.09$0
May 199442615.88$0
Apr 199436614.14$0
Mar 199425812.46$0
Feb 199423412.50$0
Jan 199477512.66$0
Dec 199328612.33$0
Nov 199327214.49$0
Oct 199324015.85$0
Sep 199330315.03$0
Aug 199332415.66$0
Jul 199332115.46$0
Jun 199330216.79$0
May 199330917.68$0
Apr 199332918.05$0
Mar 199332618.14$0
Feb 199330617.90$0
Jan 199335916.93$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.

Aug 2009 — as filed, then multipliedworked
Gas                   40 Mcf  × $  3.22 =       $129

────────────────────────────────────────────────────
Month total                                     $129

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/129465 is the state's own key, not one this site invented.