WILEY "B"

Operated by REPUBLIC ENERGY INC. (P-5 702645) 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 150033District 09Field 105745202 tax incentive programmesCondensateGasSaveExport
Value, all time
$35 k
Feb 1994 – Jun 1998
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
53
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
High Cost Gas111995-08-16132539
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
CondensateDisposition494 bbl$8,273
GasProduction107,799 Mcf$26,894
Total$35,167

97,083 Mcf of this lease's gas, across 35 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 33.3228, -97.5723. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.32283, -97.57227 · 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
6,700 ft
1 wells filed one
Completion to plug
4.1 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 6,700 ft.

Completions filed
Feb 1994
1 of 1 wells
Plug dates filed
Mar 1998
1 of 1 wells

Last completion to plug: a median of 4.1 years across the 1 well that filed both dates, with the middle half between 4.1 years and 4.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973384946,700 ftFeb 1994Mar 1998Yes

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 (53)

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

53 months

Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 199897013.042.51$1,265
Mar 19981012.802.31$13
Feb 1998022913.952.30$527
Jan 1998078314.702.15$1,687
Dec 1997052616.322.41$1,268
Nov 1997058318.193.09$1,800
Oct 1997549819.253.15$1,665
Sep 1997078817.742.95$2,328
Aug 1997076917.862.55$1,965
Jul 1997089117.582.25$2,002
Jun 1997097817.242.26$2,208
May 199701,10018.972.31$2,539
Apr 1997074517.882.08$1,552
Mar 1997092418.951.94$1,792
Feb 1997080620.492.21$1,778
Jan 199701,09623.483.54$3,880
Dec 1996081623.32$0
Nov 1996090621.97$0
Oct 1996077523.31$0
Sep 199601,02522.22$0
Aug 19968392720.26$1,682
Jul 1996096019.55$0
Jun 1996098418.73$0
May 199601,07519.43$0
Apr 199601,21021.51$0
Mar 199601,08719.38$0
Feb 199601,11016.98$0
Jan 199601,13617.07$0
Dec 199521,15517.19$34
Nov 199501,29616.00$0
Oct 199501,94415.43$0
Sep 199502,80216.18$0
Aug 19951141,19715.92$1,815
Jul 199501,85515.24$0
Jun 199501,69616.41$0
May 199502,11217.56$0
Apr 199501,91617.73$0
Mar 199501,37716.44$0
Feb 199502,45216.58$0
Jan 199503,97415.92$0
Dec 199403,96415.03$0
Nov 199423,51015.90$32
Oct 199404,19415.58$0
Sep 199404,98815.29$0
Aug 199404,77516.13$0
Jul 19941906,79517.56$3,336
Jun 199405,08417.09$0
May 199407,86615.88$0
Apr 199408,74914.14$0
Mar 199408,90112.46$0
Feb 199402,47012.50$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.

Apr 1998 — as filed, then multipliedworked
Condensate            97 bbl  × $ 13.04 =     $1,265
Gas                    0 Mcf  × $  2.51 =         $0

────────────────────────────────────────────────────
Month total                                   $1,265

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/150033 is the state's own key, not one this site invented.