POTTER, H. M. GAS UNIT

Name: POTTER, H. M. GAS UNIT lease production and value, Mar 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Gas lease lease 167806District 09Field 652802002 tax incentive programmesCondensateGasSave Export

Value, all time

$3.3 M

Mar 1998 – May 2011

Value, last 12 filed months

$15 k

at the published price for each month

Months reported

159

no gaps in the span

Streams

condensate, gas

The NEWARK, EAST (BARNETT SHALE) 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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered

1981-10-15

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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
High Cost Gas	1	1	2002-02-21	146296
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
Condensate	Disposition	42 bbl	$1,065
Gas	Production	725,541 Mcf	$3,332,213
Total			$3,333,278

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 33.1715, -97.3956. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.17146, -97.39564 · 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

8,350 ft

1 wells filed one

Completion to plug

13.2 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 8,350 ft.

Completions filed

Mar 1998

1 of 1 wells

Plug dates filed

May 2011

1 of 1 wells

Last completion to plug: a median of 13.2 years across the 1 well that filed both dates, with the middle half between 13.2 years and 13.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49734214	7	8,350 ft	Mar 1998	May 2011	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 (159)

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

159 months


May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	3	96.36	4.06	$12
Feb 2011	0	332	85.64	4.18	$1,388
Jan 2011	0	396	86.50	4.59	$1,817
Dec 2010	0	362	85.73	4.35	$1,574
Nov 2010	0	403	80.84	3.80	$1,530
Oct 2010	0	422	78.10	3.51	$1,481
Sep 2010	0	412	72.63	3.98	$1,640
Aug 2010	0	403	73.68	4.42	$1,781
Jul 2010	0	437	72.55	4.74	$2,070
Jun 2010	0	399	70.36	4.91	$1,959
May 2010	0	416	71.12	4.24	$1,762
Apr 2010	0	377	81.69	4.12	$1,554
Mar 2010	0	417	78.39	4.39	$1,830
Feb 2010	0	394	73.58	5.44	$2,144
Jan 2010	0	487	74.36	5.96	$2,905
Dec 2009	0	518	71.44	5.48	$2,841
Nov 2009	0	661	74.59	3.75	$2,480
Oct 2009	0	864	72.54	4.11	$3,551
Sep 2009	0	1,104	65.54	3.06	$3,383
Aug 2009	0	1,273	67.42	3.22	$4,097
Jul 2009	0	1,266	61.13	3.46	$4,386
Jun 2009	0	2,027	66.16	3.90	$7,895
May 2009	0	1,922	54.74	3.93	$7,545
Apr 2009	0	2,106	46.77	3.59	$7,555
Mar 2009	0	2,356	42.14	4.06	$9,563
Feb 2009	0	2,939	32.81	4.63	$13,616
Jan 2009	0	3,447	35.86	5.37	$18,514
Dec 2008	0	3,788	37.10	5.98	$22,641
Nov 2008	0	4,229	55.49	6.86	$29,012
Oct 2008	0	5,091	75.24	6.92	$35,240
Sep 2008	0	5,496	101.76	7.88	$43,292
Aug 2008	0	5,763	114.22	8.48	$48,888
Jul 2008	0	1,399	131.08	11.39	$15,934
Jun 2008	0	2,912	131.33	13.03	$37,951
May 2008	0	3,270	123.17	11.57	$37,848
Apr 2008	0	2,677	110.31	10.45	$27,988
Mar 2008	0	2,744	101.90	9.66	$26,518
Feb 2008	0	2,696	92.53	8.77	$23,645
Jan 2008	0	3,021	90.38	8.21	$24,790
Dec 2007	0	2,615	88.33	7.30	$19,095
Nov 2007	0	2,436	91.67	7.29	$17,763
Oct 2007	0	3,182	82.85	6.92	$22,026
Sep 2007	0	2,044	75.84	6.24	$12,763
Aug 2007	0	2,392	69.06	6.39	$15,280
Jul 2007	0	2,816	70.90	6.39	$17,988
Jun 2007	0	2,992	62.00	7.55	$22,585
May 2007	0	3,486	58.74	7.85	$27,352
Apr 2007	0	3,369	59.61	7.81	$26,296
Mar 2007	0	3,355	56.92	7.30	$24,498
Feb 2007	0	2,680	55.10	8.22	$22,019
Jan 2007	0	2,643	50.30	6.73	$17,779
Dec 2006	0	2,258	56.65	6.92	$15,622
Nov 2006	0	2,413	54.20	7.62	$18,381
Oct 2006	0	2,223	54.90	6.01	$13,369
Sep 2006	0	2,618	60.08	5.04	$13,187
Aug 2006	0	2,936	68.71	7.34	$21,550
Jul 2006	0	2,636	69.37	6.34	$16,720
Jun 2006	0	2,166	66.28	6.38	$13,827
May 2006	0	2,411	66.01	6.42	$15,491
Apr 2006	0	2,358	64.39	7.36	$17,356
Mar 2006	0	2,649	56.70	7.08	$18,763
Feb 2006	0	2,613	57.59	7.75	$20,254
Jan 2006	0	3,155	60.59	8.93	$28,185
Dec 2005	0	3,030	54.94	13.42	$40,649
Nov 2005	0	3,466	54.69	10.59	$36,699
Oct 2005	0	3,384	58.34	13.80	$46,685
Sep 2005	0	3,075	61.45	12.08	$37,143
Aug 2005	0	2,538	61.51	9.80	$24,864
Jul 2005	0	2,917	55.69	7.84	$22,880
Jun 2005	0	2,752	52.33	7.38	$20,313
May 2005	0	2,915	45.22	6.65	$19,388
Apr 2005	0	3,014	49.20	7.36	$22,184
Mar 2005	0	3,254	50.37	7.15	$23,282
Feb 2005	0	2,967	45.22	6.31	$18,727
Jan 2005	0	2,702	43.16	6.32	$17,083
Dec 2004	0	3,076	39.86	6.75	$20,766
Nov 2004	0	2,708	45.28	6.33	$17,143
Oct 2004	0	2,895	49.70	6.52	$18,861
Sep 2004	0	3,210	43.24	5.28	$16,961
Aug 2004	0	3,410	42.37	5.55	$18,928
Jul 2004	0	3,192	38.28	6.08	$19,421
Jun 2004	0	2,373	36.10	6.43	$15,266
May 2004	0	2,806	37.48	6.49	$18,224
Apr 2004	0	3,623	34.47	5.86	$21,225
Mar 2004	0	4,622	34.36	5.53	$25,560
Feb 2004	0	3,799	32.45	5.51	$20,931
Jan 2004	0	3,648	32.03	6.30	$22,981
Dec 2003	0	3,768	30.26	6.30	$23,745
Nov 2003	0	3,893	28.80	4.60	$17,889
Oct 2003	0	4,120	28.17	4.76	$19,610
Sep 2003	0	3,689	26.31	4.75	$17,520
Aug 2003	0	4,438	29.76	5.13	$22,766
Jul 2003	0	4,335	29.41	5.17	$22,416
Jun 2003	0	5,899	28.56	5.98	$35,293
May 2003	0	4,962	26.59	5.97	$29,636
Apr 2003	0	5,016	26.67	5.41	$27,123
Mar 2003	0	4,681	31.14	6.10	$28,536
Feb 2003	0	4,159	33.48	7.93	$32,964
Jan 2003	0	3,870	30.31	5.58	$21,602
Dec 2002	0	3,999	26.91	4.85	$19,410
Nov 2002	0	4,225	24.66	4.14	$17,479
Oct 2002	0	4,130	26.46	4.23	$17,466
Sep 2002	0	3,917	27.44	3.64	$14,239
Aug 2002	0	4,897	25.96	3.16	$15,495
Jul 2002	0	5,350	24.58	3.06	$16,380
Jun 2002	0	6,098	23.73	3.34	$20,357
May 2002	0	6,134	24.66	3.58	$21,984
Apr 2002	0	6,769	23.65	3.51	$23,775
Mar 2002	0	6,513	22.00	3.10	$20,208
Feb 2002	0	5,687	18.22	2.38	$13,510
Jan 2002	0	6,867	17.17	2.38	$16,314
Dec 2001	0	9,360	16.93	2.36	$22,131
Nov 2001	0	1,153	18.07	2.41	$2,774
Oct 2001	0	6,533	19.78	2.53	$16,521
Sep 2001	4	6,605	24.26	2.25	$14,967
Aug 2001	0	7,197	24.87	3.05	$21,974
Jul 2001	4	6,995	23.93	3.20	$22,459
Jun 2001	2	7,691	24.56	3.82	$29,461
May 2001	3	9,796	25.52	4.31	$42,271
Apr 2001	24	9,655	24.68	5.34	$52,105
Mar 2001	0	4,681	24.54	5.38	$25,167
Feb 2001	0	8,061	27.75	5.77	$46,488
Jan 2001	0	8,906	27.47	8.40	$74,799
Dec 2000	0	9,334	26.88	9.12	$85,149
Nov 2000	2	8,712	32.21	5.66	$49,357
Oct 2000	1	8,906	31.23	5.15	$45,857
Sep 2000	0	8,258	31.87	5.19	$42,830
Aug 2000	0	10,489	29.64	4.54	$47,628
Jul 2000	0	8,732	28.53	4.09	$35,712
Jun 2000	2	6,551	29.30	4.40	$28,865
May 2000	0	7,673	27.26	3.68	$28,235
Apr 2000	0	8,705	24.51	3.12	$27,125
Mar 2000	0	7,512	28.42	2.86	$21,482
Feb 2000	0	8,152	27.62	2.73	$22,226
Jan 2000	0	9,852	25.27	2.48	$24,438
Dec 1999	0	10,060	24.28	2.42	$24,383
Nov 1999	0	10,490	23.19	2.43	$25,533
Oct 1999	0	9,694	20.98	2.80	$27,179
Sep 1999	0	9,227	21.75	2.62	$24,164
Aug 1999	0	9,922	19.26	2.88	$28,532
Jul 1999	0	13,941	17.89	2.37	$33,073
Jun 1999	0	13,876	15.94	2.36	$32,777
May 1999	0	3,920	15.79	2.32	$9,098
Apr 1999	0	5,128	15.10	2.21	$11,323
Mar 1999	0	5,389	12.47	1.84	$9,907
Feb 1999	0	5,288	9.98	1.82	$9,612
Jan 1999	0	6,766	10.38	1.90	$12,855
Dec 1998	0	7,452	9.20	1.77	$13,215
Nov 1998	0	6,147	10.89	2.19	$13,436
Oct 1998	0	8,783	12.42	1.97	$17,296
Sep 1998	0	9,493	12.59	2.08	$19,770
Aug 1998	0	10,164	11.30	1.91	$19,386
Jul 1998	0	11,826	11.74	2.24	$26,458
Jun 1998	0	12,737	11.24	2.24	$28,496
May 1998	0	17,218	12.62	2.21	$37,989
Apr 1998	0	16,426	13.04	2.51	$41,153
Mar 1998	0	5,618	12.80	2.31	$12,974

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.

Mar 2011 — as filed, then multipliedworked

Condensate             0 bbl  × $ 96.36 =         $0
Gas                    3 Mcf  × $  4.06 =        $12

────────────────────────────────────────────────────
Month total                                      $12

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/167806 is the state's own key, not one this site invented.