KEW-MCNEELY

Operated by TRIO CONSULTING & MANAGEMENT,LLC (P-5 870354) 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 182462District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Feb 2001 – Oct 2011
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
129
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112002-10-31149144
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
CondensateDisposition6,279 bbl$192,356
GasProduction214,111 Mcf$1,104,154
Total$1,296,510

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 33.3581, -97.4547. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.35807, -97.45469 · 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
8,549 ft
1 wells filed one
Completion to plug
10.5 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 8,549 ft.

Completions filed
Apr 2001
1 of 1 wells
Plug dates filed
Oct 2011
1 of 1 wells

Last completion to plug: a median of 10.5 years across the 1 well that filed both dates, with the middle half between 10.5 years and 10.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973461018,549 ftApr 2001Oct 2011Yes

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 (129)

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

129 months

Oct 201123084.983.65$1,955
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 2011107096.364.06$10,311
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100272.633.98$8
Aug 20100073.684.42$0
Jul 20100372.554.74$14
Jun 201003770.364.91$182
May 2010014371.124.24$606
Apr 2010030281.694.12$1,245
Mar 2010069878.394.39$3,063
Feb 2010064973.585.44$3,532
Jan 2010094974.365.96$5,660
Dec 2009089071.445.48$4,881
Nov 2009066274.593.75$2,483
Oct 2009075572.544.11$3,103
Sep 2009066065.543.06$2,023
Aug 2009063767.423.22$2,050
Jul 2009063261.133.46$2,190
Jun 2009060166.163.90$2,341
May 2009062254.743.93$2,442
Apr 2009059646.773.59$2,138
Mar 200911,28342.144.06$5,250
Feb 200902,00132.814.63$9,271
Jan 200902,21935.865.37$11,918
Dec 200802,04837.105.98$12,241
Nov 200802,57855.496.86$17,686
Oct 200802,63575.246.92$18,239
Sep 200802,092101.767.88$16,479
Aug 200801,182114.228.48$10,027
Jul 200801,132131.0811.39$12,893
Jun 200811,074131.3313.03$14,128
May 200801,180123.1711.57$13,658
Apr 200800110.3110.45$0
Mar 200801,260101.909.66$12,177
Feb 200801,23192.538.77$10,797
Jan 20081731,31390.388.21$26,410
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 200701,02782.856.92$7,109
Sep 200701,02775.846.24$6,413
Aug 200701,07469.066.39$6,861
Jul 200701,07370.906.39$6,854
Jun 200701,00962.007.55$7,616
May 200701358.747.85$102
Apr 2007028159.617.81$2,193
Mar 2007053556.927.30$3,907
Feb 2007027555.108.22$2,259
Jan 2007022350.306.73$1,500
Dec 2006044856.656.92$3,099
Nov 200601,67754.207.62$12,775
Oct 200601,57054.906.01$9,442
Sep 2006048760.085.04$2,453
Aug 200615614468.717.34$11,776
Jul 2006010669.376.34$672
Jun 200607766.286.38$492
May 200608466.016.42$540
Apr 2006010964.397.36$802
Mar 200601,82456.707.08$12,919
Feb 200601,47557.597.75$11,433
Jan 200601,32860.598.93$11,863
Dec 200501,17454.9413.42$15,750
Nov 200501,34954.6910.59$14,284
Oct 200501,81458.3413.80$25,026
Sep 200501,54761.4512.08$18,686
Aug 200519294161.519.80$21,029
Jul 200501,85955.697.84$14,581
Jun 200501,81852.337.38$13,419
May 200501,74045.226.65$11,573
Apr 200501,72649.207.36$12,704
Mar 200501,94650.377.15$13,923
Feb 200501,52845.226.31$9,645
Jan 200501,61343.166.32$10,198
Dec 20041811,69439.866.75$18,651
Nov 200401,83545.286.33$11,616
Oct 200401,56649.706.52$10,203
Sep 200401,60043.245.28$8,454
Aug 200402,19042.375.55$12,156
Jul 200402,02338.286.08$12,308
Jun 2004018536.106.43$1,190
May 200401,21137.486.49$7,865
Apr 200401,02834.475.86$6,023
Mar 200432,84634.365.53$15,842
Feb 200402,79432.455.51$15,394
Jan 20041833,08832.036.30$25,315
Dec 200303,81730.266.30$24,053
Nov 200303,28828.804.60$15,109
Oct 200302,34828.174.76$11,176
Sep 20031692,27126.314.75$15,232
Aug 200313,80329.765.13$19,538
Jul 200304,28729.415.17$22,167
Jun 2003023628.565.98$1,412
May 2003044226.595.97$2,640
Apr 200303,07526.675.41$16,627
Mar 20031883,31031.146.10$26,032
Feb 200302,43033.487.93$19,260
Jan 200302,40330.315.58$13,414
Dec 200202,36026.914.85$11,455
Nov 200201,97524.664.14$8,171
Oct 200203,35226.464.23$14,176
Sep 200201,93227.443.64$7,023
Aug 200202,72625.963.16$8,626
Jul 200213,51724.583.06$10,793
Jun 20021174,34223.733.34$17,271
May 200234,97824.663.58$17,915
Apr 20021582,14123.653.51$11,257
Mar 200201,20822.003.10$3,748
Feb 200233,76018.222.38$8,987
Jan 20021565,64917.172.38$16,099
Dec 200107,19216.932.36$17,005
Nov 20011945,58618.072.41$16,943
Oct 20011545,69319.782.53$17,443
Sep 20011497,54024.262.25$20,590
Aug 20013602,39624.873.05$16,269
Jul 20013567,59723.933.20$32,807
Jun 20018628,18324.563.82$52,464
May 20011,3739,23325.524.31$74,808
Apr 20011,0151,99424.685.34$35,689
Mar 20010024.545.38$0
Feb 20010027.755.77$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.

Oct 2011 — as filed, then multipliedworked
Condensate            23 bbl  × $ 84.98 =     $1,955
Gas                    0 Mcf  × $  3.65 =         $0

────────────────────────────────────────────────────
Month total                                   $1,955

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/182462 is the state's own key, not one this site invented.