MAXWELL, BILLY J.

Operated by ARUBA PETROLEUM, INC. (P-5 33762) 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 212745District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$777 k
Sep 2005 – Oct 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
122
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 Gas112008-02-01179530
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
CondensateDisposition2,081 bbl$124,884
GasProduction93,322 Mcf$652,576
Total$777,460

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 33.4267, -97.4413. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.42666, -97.44132 · 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
8,719 ft
1 wells filed one
Completion to plug
10.1 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 8,719 ft.

Completions filed
Sep 2005
1 of 1 wells
Plug dates filed
Oct 2015
1 of 1 wells

Last completion to plug: a median of 10.1 years across the 1 well that filed both dates, with the middle half between 10.1 years and 10.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973547828,719 ftSep 2005Oct 2015Yes

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 (122)

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

122 months

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 20141090.404.86$90
Dec 2013101091.824.35$9,274
Nov 20130088.853.74$0
Oct 2013041397.423.78$1,561
Sep 201303104.113.72$11
Aug 2013490104.253.52$5,108
Jul 2013065102.523.72$242
Jun 20130094.403.93$0
May 2013018394.834.15$759
Apr 2013042393.964.28$1,812
Mar 2013049993.623.91$1,953
Feb 2013039891.233.42$1,361
Jan 2013043191.603.42$1,474
Dec 201204086.773.42$137
Nov 2012016286.953.62$587
Oct 2012010789.383.40$364
Sep 201207994.672.92$231
Aug 2012039592.662.91$1,149
Jul 2012030585.133.02$921
Jun 2012038579.822.52$970
May 2012029591.612.49$734
Apr 20120269101.652.00$537
Mar 201284224105.052.22$9,322
Feb 20120222101.102.57$571
Jan 2012034898.092.73$951
Dec 2011053096.873.24$1,717
Nov 2011030995.723.31$1,023
Oct 2011010384.983.65$376
Sep 2011018783.623.99$745
Aug 2011034083.404.15$1,411
Jul 2011035894.144.52$1,617
Jun 2011046792.904.64$2,167
May 2011060698.134.40$2,669
Apr 20110676105.964.33$2,929
Mar 2011061796.364.06$2,503
Feb 2011039885.644.18$1,664
Jan 2011027486.504.59$1,257
Dec 2010069185.734.35$3,004
Nov 2010078080.843.80$2,960
Oct 2010018578.103.51$649
Sep 2010029072.633.98$1,154
Aug 2010043373.684.42$1,914
Jul 2010042572.554.74$2,013
Jun 2010044970.364.91$2,205
May 2010045671.124.24$1,931
Apr 2010022381.694.12$919
Mar 2010045678.394.39$2,001
Feb 2010063973.585.44$3,478
Jan 2010076874.365.96$4,580
Dec 2009076571.445.48$4,195
Nov 2009073174.593.75$2,742
Oct 2009066072.544.11$2,713
Sep 2009064165.543.06$1,965
Aug 2009067267.423.22$2,163
Jul 2009091761.133.46$3,177
Jun 2009063066.163.90$2,454
May 2009074354.743.93$2,917
Apr 200901746.773.59$61
Mar 2009049142.144.06$1,993
Feb 2009082932.814.63$3,841
Jan 2009095635.865.37$5,135
Dec 200818240137.105.98$9,149
Nov 2008083155.496.86$5,701
Oct 200801,34775.246.92$9,324
Sep 200801,021101.767.88$8,043
Aug 20080490114.228.48$4,157
Jul 20080161131.0811.39$1,834
Jun 20080272131.3313.03$3,545
May 20080875123.1711.57$10,128
Apr 20080882110.3110.45$9,221
Mar 20080596101.909.66$5,760
Feb 2008056292.538.77$4,929
Jan 2008073590.388.21$6,031
Dec 2007075988.337.30$5,542
Nov 2007076391.677.29$5,564
Oct 200701,04282.856.92$7,213
Sep 200701,21475.846.24$7,580
Aug 20071791,23669.066.39$20,257
Jul 200701,07570.906.39$6,867
Jun 200701,06762.007.55$8,054
May 200701,29658.747.85$10,169
Apr 200701,94059.617.81$15,142
Mar 200702,43656.927.30$17,788
Feb 200701,86055.108.22$15,282
Jan 20071741,35250.306.73$17,847
Dec 200601,19656.656.92$8,274
Nov 200601,21354.207.62$9,240
Oct 20061862,14454.906.01$23,105
Sep 200602,55160.085.04$12,850
Aug 200602,90568.717.34$21,322
Jul 200602,67769.376.34$16,980
Jun 200602,54166.286.38$16,221
May 200603,20466.016.42$20,586
Apr 200603,89264.397.36$28,647
Mar 20063595,83456.707.08$61,677
Feb 200603,88657.597.75$30,121
Jan 20061984,63760.598.93$53,421
Dec 20053754,06954.9413.42$75,190
Nov 20051932,16554.6910.59$33,479
Oct 200502,23758.3413.80$30,861
Sep 20050061.4512.08$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.

Jan 2014 — as filed, then multipliedworked
Condensate             1 bbl  × $ 90.40 =        $90
Gas                    0 Mcf  × $  4.86 =         $0

────────────────────────────────────────────────────
Month total                                      $90

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/212745 is the state's own key, not one this site invented.