OATES GAS UNIT

Operated by TEMA OIL AND GAS COMPANY (P-5 841329) 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 195256District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$908 k
Apr 2003 – Feb 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
167
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 Gas112004-09-30159207
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
CondensateDisposition716 bbl$35,393
GasProduction136,487 Mcf$872,814
Total$908,207

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 33.1519, -97.5865. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15189, -97.58654 · 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
7,690 ft
1 wells filed one
Completion to plug
13.8 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 7,690 ft.

Completions filed
Apr 2003
1 of 1 wells
Plug dates filed
Feb 2017
1 of 1 wells

Last completion to plug: a median of 13.8 years across the 1 well that filed both dates, with the middle half between 13.8 years and 13.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973520747,690 ftApr 2003Feb 2017Yes

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 (167)

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

167 months

Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
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 20110096.364.06$0
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 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20105672.554.74$391
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20104478.394.39$331
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20092274.593.75$157
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20092267.423.22$141
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20096046.773.59$281
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090235.865.37$11
Dec 20080237.105.98$12
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200801101.767.88$8
Aug 200800114.228.48$0
Jul 200803131.0811.39$34
Jun 200803131.3313.03$39
May 200808123.1711.57$93
Apr 20084110110.3110.45$4,627
Mar 2008025101.909.66$242
Feb 2008135392.538.77$1,668
Jan 2008313090.388.21$1,338
Dec 2007433688.337.30$2,807
Nov 200751,70391.677.29$12,876
Oct 200702,79382.856.92$19,333
Sep 200761,28675.846.24$8,485
Aug 2007416469.066.39$1,324
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007080058.747.85$6,277
Apr 2007069559.617.81$5,425
Mar 2007014756.927.30$1,073
Feb 2007112455.108.22$1,074
Jan 2007120550.306.73$1,429
Dec 200613756.656.92$313
Nov 200609654.207.62$731
Oct 2006314754.906.01$1,985
Sep 200606160.085.04$307
Aug 2006021668.717.34$1,585
Jul 2006038169.376.34$2,417
Jun 2006028766.286.38$1,832
May 20065352966.016.42$6,897
Apr 200621,19864.397.36$8,947
Mar 200612,07956.707.08$14,782
Feb 200611,80557.597.75$14,048
Jan 200611,79660.598.93$16,105
Dec 200511,60754.9413.42$21,613
Nov 200531,61554.6910.59$17,264
Oct 200511,19058.3413.80$16,475
Sep 200511,47961.4512.08$17,926
Aug 200511,96661.519.80$19,322
Jul 2005471,87155.697.84$17,293
Jun 200511,69352.337.38$12,548
May 200521,38645.226.65$9,309
Apr 200512,91049.207.36$21,468
Mar 200512,75950.377.15$19,791
Feb 2005763,03645.226.31$22,600
Jan 200523,16443.166.32$20,090
Dec 200422,41239.866.75$16,363
Nov 200422,42345.286.33$15,429
Oct 2004882,53749.706.52$20,902
Sep 200402,72143.245.28$14,377
Aug 200402,87842.375.55$15,975
Jul 2004702,96238.286.08$20,701
Jun 200412,83336.106.43$18,261
May 200413,09137.486.49$20,112
Apr 2004482,73634.475.86$17,683
Mar 200413,76934.365.53$20,877
Feb 200432,91832.455.51$16,174
Jan 200434,01032.036.30$25,358
Dec 200323,82030.266.30$24,133
Nov 20031684,49028.804.60$25,471
Oct 200334,82628.174.76$23,055
Sep 200305,36626.314.75$25,485
Aug 200306,25929.765.13$32,107
Jul 200307,16529.415.17$37,049
Jun 200309,85928.565.98$58,986
May 2003015,69626.595.97$93,747
Apr 200302,00426.675.41$10,836

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.

Jul 2010 — as filed, then multipliedworked
Condensate             5 bbl  × $ 72.55 =       $363
Gas                    6 Mcf  × $  4.74 =        $28

────────────────────────────────────────────────────
Month total                                     $391

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/195256 is the state's own key, not one this site invented.