MONROE

Operated by NEWARK E&P OPERATING, LLC (P-5 606167) 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 205090District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Jan 2004 – Nov 2014
Value, last 12 filed months
$46 k
at the published price for each month
Months reported
131
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 Gas112005-09-08164705
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
CondensateDisposition2 bbl$110
GasProduction417,105 Mcf$2,773,050
Total$2,773,160

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 33.1482, -97.1669. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.14821, -97.16688 · 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
8,860 ft
1 wells filed one
Completion to plug
9.8 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 8,860 ft.

Completions filed
Jan 2005
1 of 1 wells
Plug dates filed
Nov 2014
1 of 1 wells

Last completion to plug: a median of 9.8 years across the 1 well that filed both dates, with the middle half between 9.8 years and 9.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1213217618,860 ftJan 2005Nov 2014Yes

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 (131)

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

131 months

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 201401,22498.164.74$5,798
May 201402,07794.734.73$9,817
Apr 201402,16195.944.81$10,393
Mar 201401,31595.895.06$6,650
Feb 201401,14697.406.19$7,096
Jan 20140090.404.86$0
Dec 201301,37191.824.35$5,970
Nov 201301,32888.853.74$4,964
Oct 201301,38697.423.78$5,238
Sep 201301,360104.113.72$5,056
Aug 201301,457104.253.52$5,132
Jul 201301,494102.523.72$5,554
Jun 201301,58294.403.93$6,223
May 201301,63294.834.15$6,771
Apr 201301,43393.964.28$6,137
Mar 201301,68893.623.91$6,605
Feb 201301,63991.233.42$5,605
Jan 201301,98391.603.42$6,782
Dec 201202,09286.773.42$7,155
Nov 201202,15586.953.62$7,812
Oct 201202,19889.383.40$7,473
Sep 201202,37994.672.92$6,943
Aug 201202,18492.662.91$6,351
Jul 201202,23885.133.02$6,761
Jun 201201,62479.822.52$4,091
May 201201,64591.612.49$4,093
Apr 201202,167101.652.00$4,327
Mar 201201,743105.052.22$3,873
Feb 201201,859101.102.57$4,778
Jan 201202,29698.092.73$6,277
Dec 201102,20296.873.24$7,134
Nov 201102,11595.723.31$7,003
Oct 201102,01184.983.65$7,337
Sep 20110083.623.99$0
Aug 201102,25383.404.15$9,348
Jul 201102,42694.144.52$10,959
Jun 201101,81892.904.64$8,435
May 201102,07298.134.40$9,127
Apr 201101,916105.964.33$8,303
Mar 20110096.364.06$0
Feb 201101,69485.644.18$7,081
Jan 201102,36786.504.59$10,862
Dec 201002,72185.734.35$11,830
Nov 201002,67680.843.80$10,156
Oct 201002,54878.103.51$8,941
Sep 201002,23572.633.98$8,894
Aug 201002,30173.684.42$10,169
Jul 201002,24772.554.74$10,643
Jun 201002,30170.364.91$11,299
May 201002,76271.124.24$11,698
Apr 201002,66881.694.12$10,999
Mar 20100078.394.39$0
Feb 201002,44373.585.44$13,296
Jan 20100074.365.96$0
Dec 200902,90071.445.48$15,903
Nov 200902,92974.593.75$10,988
Oct 200903,16172.544.11$12,993
Sep 200903,11765.543.06$9,553
Aug 200903,31267.423.22$10,660
Jul 200903,29861.133.46$11,426
Jun 200903,10666.163.90$12,098
May 200903,35454.743.93$13,167
Apr 200903,14046.773.59$11,265
Mar 200903,52942.144.06$14,324
Feb 200902,74532.814.63$12,718
Jan 200903,52835.865.37$18,949
Dec 200803,91037.105.98$23,371
Nov 200803,73355.496.86$25,610
Oct 200804,27375.246.92$29,578
Sep 200804,199101.767.88$33,076
Aug 200803,915114.228.48$33,211
Jul 200803,696131.0811.39$42,095
Jun 200803,766131.3313.03$49,081
May 200804,051123.1711.57$46,887
Apr 200800110.3110.45$0
Mar 200804,133101.909.66$39,942
Feb 200804,13992.538.77$36,301
Jan 200804,75590.388.21$39,018
Dec 200704,65088.337.30$33,954
Nov 200702,99991.677.29$21,868
Oct 200703,98182.856.92$27,556
Sep 200704,19975.846.24$26,219
Aug 200703,67669.066.39$23,482
Jul 200703,36870.906.39$21,515
Jun 200702,13262.007.55$16,093
May 200703,51958.747.85$27,611
Apr 200703,58659.617.81$27,989
Mar 200704,20356.927.30$30,690
Feb 200724,76555.108.22$39,259
Jan 200702,03850.306.73$13,709
Dec 200603,02456.656.92$20,921
Nov 200603,89254.207.62$29,647
Oct 200604,34754.906.01$26,142
Sep 200603,57760.085.04$18,018
Aug 200604,06268.717.34$29,815
Jul 200605,33969.376.34$33,864
Jun 200605,03766.286.38$32,156
May 200605,18766.016.42$33,326
Apr 200604,62064.397.36$34,005
Mar 20060056.707.08$0
Feb 200605,47657.597.75$42,445
Jan 200606,20760.598.93$55,449
Dec 200507,02254.9413.42$94,203
Nov 200506,91554.6910.59$73,219
Oct 200507,69258.3413.80$106,117
Sep 200507,73461.4512.08$93,419
Aug 200508,56861.519.80$83,939
Jul 200509,81355.697.84$76,970
Jun 2005010,13052.337.38$74,770
May 2005012,06145.226.65$80,220
Apr 2005015,22449.207.36$112,056
Mar 2005019,15250.377.15$137,030
Feb 2005025,18645.226.31$158,972
Jan 2005014,40343.166.32$91,059
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$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.

Jun 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.16 =         $0
Gas                1,224 Mcf  × $  4.74 =     $5,798

────────────────────────────────────────────────────
Month total                                   $5,798

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/205090 is the state's own key, not one this site invented.