CRAFT WATER BOARD UNIT 21

Name: CRAFT WATER BOARD UNIT 21 lease production and value, Sep 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MERIT ENERGY COMPANY (P-5 561136) in the CAP YATES (CONSOLIDATED CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 146739District 09Field 15463184CondensateGasSave Export

Value, all time

$120 k

Sep 1993 – May 2005

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

141

no gaps in the span

Streams

condensate, gas

The CAP YATES (CONSOLIDATED CONGL.) 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 115 leases and 198 wells, and the rule below applies to all of them.

Discovered

1973-12-01

as the register files it

Field class

Oil and 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: “PER AOF 1 & 2 FORMS ALLOCATION FORMULA SUSPENDED EFFECTIVE 11/1/99”

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
Condensate	Disposition	974 bbl	$19,390
Gas	Production	99,336 Mcf	$100,459
Total			$119,849

63,293 Mcf of this lease's gas, across 40 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 33.1929, -97.8963. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.19290, -97.89627 · 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

100.0%

1 of 1 wells

Median depth

5,800 ft

1 wells filed one

Completion to plug

12.4 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 5,800 ft.

Completions filed

Dec 1992

1 of 1 wells

Plug dates filed

May 2005

1 of 1 wells

Last completion to plug: a median of 12.4 years across the 1 well that filed both dates, with the middle half between 12.4 years and 12.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49701606	2	5,800 ft	Dec 1992	May 2005	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 (141)

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

141 months


May 2005	0	59	45.22	6.65	$392
Apr 2005	0	57	49.20	7.36	$420
Mar 2005	0	59	50.37	7.15	$422
Feb 2005	0	53	45.22	6.31	$335
Jan 2005	94	59	43.16	6.32	$4,430
Dec 2004	0	59	39.86	6.75	$398
Nov 2004	0	57	45.28	6.33	$361
Oct 2004	0	53	49.70	6.52	$345
Sep 2004	0	57	43.24	5.28	$301
Aug 2004	0	59	42.37	5.55	$327
Jul 2004	0	59	38.28	6.08	$359
Jun 2004	0	57	36.10	6.43	$367
May 2004	0	57	37.48	6.49	$370
Apr 2004	0	57	34.47	5.86	$334
Mar 2004	0	59	34.36	5.53	$326
Feb 2004	0	55	32.45	5.51	$303
Jan 2004	0	59	32.03	6.30	$372
Dec 2003	0	59	30.26	6.30	$372
Nov 2003	0	57	28.80	4.60	$262
Oct 2003	0	59	28.17	4.76	$281
Sep 2003	0	57	26.31	4.75	$271
Aug 2003	0	59	29.76	5.13	$303
Jul 2003	0	59	29.41	5.17	$305
Jun 2003	0	57	28.56	5.98	$341
May 2003	0	59	26.59	5.97	$352
Apr 2003	0	57	26.67	5.41	$308
Mar 2003	0	59	31.14	6.10	$360
Feb 2003	0	53	33.48	7.93	$420
Jan 2003	0	59	30.31	5.58	$329
Dec 2002	0	59	26.91	4.85	$286
Nov 2002	0	57	24.66	4.14	$236
Oct 2002	0	59	26.46	4.23	$250
Sep 2002	0	57	27.44	3.64	$207
Aug 2002	0	59	25.96	3.16	$187
Jul 2002	0	59	24.58	3.06	$181
Jun 2002	0	57	23.73	3.34	$190
May 2002	0	59	24.66	3.58	$211
Apr 2002	0	57	23.65	3.51	$200
Mar 2002	0	59	22.00	3.10	$183
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	59	19.78	2.53	$149
Sep 2001	0	57	24.26	2.25	$128
Aug 2001	0	59	24.87	3.05	$180
Jul 2001	0	59	23.93	3.20	$189
Jun 2001	0	57	24.56	3.82	$218
May 2001	0	59	25.52	4.31	$254
Apr 2001	0	57	24.68	5.34	$304
Mar 2001	0	59	24.54	5.38	$317
Feb 2001	0	53	27.75	5.77	$306
Jan 2001	0	59	27.47	8.40	$496
Dec 2000	0	357	26.88	9.12	$3,257
Nov 2000	0	331	32.21	5.66	$1,873
Oct 2000	0	61	31.23	5.15	$314
Sep 2000	0	59	31.87	5.19	$306
Aug 2000	0	280	29.64	4.54	$1,271
Jul 2000	0	279	28.53	4.09	$1,141
Jun 2000	0	363	29.30	4.40	$1,596
May 2000	0	365	27.26	3.68	$1,343
Apr 2000	0	276	24.51	3.12	$860
Mar 2000	0	271	28.42	2.86	$775
Feb 2000	0	291	27.62	2.73	$793
Jan 2000	0	355	25.27	2.48	$881
Dec 1999	0	408	24.28	2.42	$989
Nov 1999	0	275	23.19	2.43	$669
Oct 1999	0	86	20.98	2.80	$241
Sep 1999	0	338	21.75	2.62	$885
Aug 1999	0	953	19.26	2.88	$2,740
Jul 1999	184	949	17.89	2.37	$5,543
Jun 1999	0	885	15.94	2.36	$2,090
May 1999	0	945	15.79	2.32	$2,193
Apr 1999	0	780	15.10	2.21	$1,722
Mar 1999	0	848	12.47	1.84	$1,559
Feb 1999	0	704	9.98	1.82	$1,280
Jan 1999	0	837	10.38	1.90	$1,590
Dec 1998	0	764	9.20	1.77	$1,355
Nov 1998	0	750	10.89	2.19	$1,639
Oct 1998	0	562	12.42	1.97	$1,107
Sep 1998	0	267	12.59	2.08	$556
Aug 1998	0	59	11.30	1.91	$113
Jul 1998	0	251	11.74	2.24	$562
Jun 1998	0	472	11.24	2.24	$1,056
May 1998	0	957	12.62	2.21	$2,111
Apr 1998	0	908	13.04	2.51	$2,275
Mar 1998	0	1,006	12.80	2.31	$2,323
Feb 1998	0	859	13.95	2.30	$1,975
Jan 1998	189	1,054	14.70	2.15	$5,049
Dec 1997	0	1,038	16.32	2.41	$2,503
Nov 1997	0	1,223	18.19	3.09	$3,777
Oct 1997	0	1,029	19.25	3.15	$3,241
Sep 1997	0	1,118	17.74	2.95	$3,304
Aug 1997	0	1,226	17.86	2.55	$3,132
Jul 1997	0	1,202	17.58	2.25	$2,701
Jun 1997	0	1,182	17.24	2.26	$2,668
May 1997	0	1,169	18.97	2.31	$2,699
Apr 1997	0	1,188	17.88	2.08	$2,474
Mar 1997	0	1,254	18.95	1.94	$2,432
Feb 1997	0	1,155	20.49	2.21	$2,548
Jan 1997	0	1,225	23.48	3.54	$4,336
Dec 1996	185	1,258	23.32	—	$4,314
Nov 1996	0	1,206	21.97	—	$0
Oct 1996	0	1,302	23.31	—	$0
Sep 1996	0	1,218	22.22	—	$0
Aug 1996	0	1,336	20.26	—	$0
Jul 1996	0	1,262	19.55	—	$0
Jun 1996	0	1,180	18.73	—	$0
May 1996	0	1,325	19.43	—	$0
Apr 1996	0	1,115	21.51	—	$0
Mar 1996	0	1,383	19.38	—	$0
Feb 1996	0	1,302	16.98	—	$0
Jan 1996	0	1,469	17.07	—	$0
Dec 1995	0	80	17.19	—	$0
Nov 1995	0	1,433	16.00	—	$0
Oct 1995	179	1,511	15.43	—	$2,762
Sep 1995	0	1,471	16.18	—	$0
Aug 1995	0	1,552	15.92	—	$0
Jul 1995	0	1,572	15.24	—	$0
Jun 1995	0	1,457	16.41	—	$0
May 1995	0	1,650	17.56	—	$0
Apr 1995	0	1,571	17.73	—	$0
Mar 1995	0	1,545	16.44	—	$0
Feb 1995	0	1,526	16.58	—	$0
Jan 1995	0	1,662	15.92	—	$0
Dec 1994	0	1,732	15.03	—	$0
Nov 1994	0	1,975	15.90	—	$0
Oct 1994	0	2,073	15.58	—	$0
Sep 1994	143	1,982	15.29	—	$2,186
Aug 1994	0	876	16.13	—	$0
Jul 1994	0	1,303	17.56	—	$0
Jun 1994	0	1,759	17.09	—	$0
May 1994	0	1,886	15.88	—	$0
Apr 1994	0	1,945	14.14	—	$0
Mar 1994	0	1,964	12.46	—	$0
Feb 1994	0	1,868	12.50	—	$0
Jan 1994	0	2,067	12.66	—	$0
Dec 1993	0	2,228	12.33	—	$0
Nov 1993	0	2,381	14.49	—	$0
Oct 1993	0	2,424	15.85	—	$0
Sep 1993	0	2,444	15.03	—	$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.

May 2005 — as filed, then multipliedworked

Condensate             0 bbl  × $ 45.22 =         $0
Gas                   59 Mcf  × $  6.65 =       $392

────────────────────────────────────────────────────
Month total                                     $392

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/146739 is the state's own key, not one this site invented.