MARSHALL

Name: MARSHALL lease production and value, Nov 2006 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BEST PETROLEUM EXPLORATIONS,INC. (P-5 68287) 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 224584District 09Field 652802002 tax incentive programmesCondensateGasSave Export

Value, all time

$2.0 M

Nov 2006 – Sep 2020

Value, last 12 filed months

$14 k

at the published price for each month

Months reported

167

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	2009-07-10	192890
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	3 bbl	$98
Gas	Production	376,740 Mcf	$1,993,846
Total			$1,993,945

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 33.0312, -97.3731. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.03123, -97.37310 · 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

7,562 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 7,562 ft.

Completions filed

Nov 2006

1 of 1 wells

Plug dates filed

Sep 2020

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


42-12132950	1	7,562 ft	Nov 2006	Sep 2020	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 (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


Sep 2020	0	184	37.09	1.99	$366
Aug 2020	0	1,414	39.98	2.39	$3,373
Jul 2020	0	1,664	38.37	1.83	$3,037
Jun 2020	0	103	34.90	1.69	$174
May 2020	0	1,262	16.92	1.81	$2,290
Apr 2020	0	1,049	14.75	1.80	$1,893
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	150	55.30	2.75	$413
Oct 2019	0	930	53.47	2.42	$2,249
Sep 2019	0	840	55.05	2.66	$2,232
Aug 2019	0	898	53.11	2.30	$2,069
Jul 2019	0	940	56.27	2.46	$2,312
Jun 2019	0	892	52.78	2.49	$2,222
May 2019	0	930	58.48	2.74	$2,549
Apr 2019	0	900	62.63	2.75	$2,476
Mar 2019	0	906	56.80	3.06	$2,774
Feb 2019	0	840	50.85	2.79	$2,345
Jan 2019	0	930	46.03	3.23	$3,002
Dec 2018	0	931	46.59	4.19	$3,897
Nov 2018	0	900	52.93	4.24	$3,814
Oct 2018	0	930	61.44	3.40	$3,160
Sep 2018	0	903	59.54	3.11	$2,807
Aug 2018	0	900	59.40	3.07	$2,760
Jul 2018	0	930	65.14	2.93	$2,727
Jun 2018	0	900	60.18	3.08	$2,769
May 2018	0	936	65.38	2.90	$2,715
Apr 2018	0	1,035	63.84	2.90	$3,002
Mar 2018	0	1,117	61.22	2.79	$3,113
Feb 2018	0	1,008	61.78	2.77	$2,788
Jan 2018	0	1,118	62.87	4.01	$4,482
Dec 2017	0	1,116	57.27	2.92	$3,260
Nov 2017	0	1,079	55.42	3.12	$3,365
Oct 2017	0	1,139	49.29	2.98	$3,398
Sep 2017	0	1,196	47.52	3.09	$3,692
Aug 2017	0	1,200	45.37	3.00	$3,605
Jul 2017	0	1,200	43.87	3.09	$3,705
Jun 2017	0	1,200	42.49	3.09	$3,705
May 2017	0	1,274	45.37	3.26	$4,158
Apr 2017	0	1,200	47.93	3.21	$3,854
Mar 2017	0	1,191	46.77	2.98	$3,554
Feb 2017	0	1,058	50.45	2.95	$3,124
Jan 2017	0	1,086	49.41	3.42	$3,713
Dec 2016	0	1,013	48.76	3.72	$3,771
Nov 2016	0	1,151	42.49	2.64	$3,044
Oct 2016	0	1,400	46.19	3.09	$4,326
Sep 2016	0	1,253	41.55	3.10	$3,885
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	1,026	42.52	1.99	$2,043
Apr 2016	0	1,406	36.56	1.99	$2,799
Mar 2016	0	1,407	33.01	1.79	$2,524
Feb 2016	0	1,181	26.47	2.06	$2,437
Jan 2016	0	1,218	27.35	2.36	$2,880
Dec 2015	0	1,326	32.36	2.00	$2,654
Nov 2015	0	944	38.79	2.17	$2,046
Oct 2015	0	992	43.55	2.43	$2,407
Sep 2015	0	1,287	42.99	2.76	$3,550
Aug 2015	0	1,005	40.16	2.87	$2,887
Jul 2015	0	1,215	48.15	2.95	$3,578
Jun 2015	0	1,180	56.15	2.88	$3,402
May 2015	0	1,397	55.21	2.96	$4,129
Apr 2015	0	1,349	49.82	2.71	$3,651
Mar 2015	0	1,463	42.89	2.93	$4,293
Feb 2015	0	1,173	44.66	2.98	$3,491
Jan 2015	0	1,155	43.43	3.10	$3,581
Dec 2014	0	1,359	54.69	3.59	$4,881
Nov 2014	0	1,008	70.46	4.25	$4,286
Oct 2014	0	1,374	78.30	3.90	$5,360
Sep 2014	0	1,327	86.16	4.05	$5,368
Aug 2014	0	1,207	89.39	4.04	$4,870
Jul 2014	0	1,453	96.56	4.18	$6,073
Jun 2014	0	1,153	98.16	4.74	$5,462
May 2014	0	1,344	94.73	4.73	$6,353
Apr 2014	0	1,146	95.94	4.81	$5,511
Mar 2014	0	1,310	95.89	5.06	$6,624
Feb 2014	0	1,101	97.40	6.19	$6,817
Jan 2014	0	1,456	90.40	4.86	$7,077
Dec 2013	0	1,258	91.82	4.35	$5,478
Nov 2013	0	1,401	88.85	3.74	$5,237
Oct 2013	0	499	97.42	3.78	$1,886
Sep 2013	0	340	104.11	3.72	$1,264
Aug 2013	0	613	104.25	3.52	$2,159
Jul 2013	0	672	102.52	3.72	$2,498
Jun 2013	0	704	94.40	3.93	$2,769
May 2013	0	664	94.83	4.15	$2,755
Apr 2013	0	1,484	93.96	4.28	$6,355
Mar 2013	0	884	93.62	3.91	$3,459
Feb 2013	0	853	91.23	3.42	$2,917
Jan 2013	0	817	91.60	3.42	$2,794
Dec 2012	0	836	86.77	3.42	$2,859
Nov 2012	0	665	86.95	3.62	$2,411
Oct 2012	0	686	89.38	3.40	$2,332
Sep 2012	0	556	94.67	2.92	$1,623
Aug 2012	0	937	92.66	2.91	$2,725
Jul 2012	0	881	85.13	3.02	$2,661
Jun 2012	0	1,618	79.82	2.52	$4,076
May 2012	0	2,540	91.61	2.49	$6,320
Apr 2012	0	2,015	101.65	2.00	$4,024
Mar 2012	0	2,276	105.05	2.22	$5,057
Feb 2012	0	2,098	101.10	2.57	$5,392
Jan 2012	0	2,140	98.09	2.73	$5,851
Dec 2011	0	2,524	96.87	3.24	$8,177
Nov 2011	0	2,121	95.72	3.31	$7,023
Oct 2011	0	2,974	84.98	3.65	$10,851
Sep 2011	0	2,113	83.62	3.99	$8,422
Aug 2011	0	2,125	83.40	4.15	$8,817
Jul 2011	0	2,221	94.14	4.52	$10,033
Jun 2011	0	2,107	92.90	4.64	$9,776
May 2011	0	3,176	98.13	4.40	$13,990
Apr 2011	0	3,200	105.96	4.33	$13,867
Mar 2011	0	3,642	96.36	4.06	$14,777
Feb 2011	0	3,172	85.64	4.18	$13,259
Jan 2011	0	3,545	86.50	4.59	$16,267
Dec 2010	0	3,694	85.73	4.35	$16,061
Nov 2010	0	3,607	80.84	3.80	$13,690
Oct 2010	0	3,664	78.10	3.51	$12,857
Sep 2010	0	3,577	72.63	3.98	$14,235
Aug 2010	0	3,597	73.68	4.42	$15,896
Jul 2010	0	3,701	72.55	4.74	$17,530
Jun 2010	0	3,956	70.36	4.91	$19,426
May 2010	0	4,437	71.12	4.24	$18,792
Apr 2010	0	4,048	81.69	4.12	$16,689
Mar 2010	0	3,637	78.39	4.39	$15,962
Feb 2010	0	3,283	73.58	5.44	$17,867
Jan 2010	0	3,967	74.36	5.96	$23,660
Dec 2009	0	3,935	71.44	5.48	$21,579
Nov 2009	0	3,845	74.59	3.75	$14,425
Oct 2009	0	4,055	72.54	4.11	$16,667
Sep 2009	0	3,876	65.54	3.06	$11,879
Aug 2009	0	4,537	67.42	3.22	$14,602
Jul 2009	0	4,132	61.13	3.46	$14,315
Jun 2009	0	4,108	66.16	3.90	$16,001
May 2009	0	4,211	54.74	3.93	$16,531
Apr 2009	0	4,176	46.77	3.59	$14,981
Mar 2009	0	4,404	42.14	4.06	$17,876
Feb 2009	3	4,374	32.81	4.63	$20,363
Jan 2009	0	5,034	35.86	5.37	$27,038
Dec 2008	0	4,530	37.10	5.98	$27,076
Nov 2008	0	4,448	55.49	6.86	$30,515
Oct 2008	0	4,686	75.24	6.92	$32,436
Sep 2008	0	4,525	101.76	7.88	$35,644
Aug 2008	0	4,462	114.22	8.48	$37,851
Jul 2008	0	4,455	131.08	11.39	$50,740
Jun 2008	0	4,599	131.33	13.03	$59,937
May 2008	0	4,905	123.17	11.57	$56,772
Apr 2008	0	4,780	110.31	10.45	$49,974
Mar 2008	0	5,414	101.90	9.66	$52,321
Feb 2008	0	4,544	92.53	8.77	$39,854
Jan 2008	0	4,669	90.38	8.21	$38,313
Dec 2007	0	4,918	88.33	7.30	$35,911
Nov 2007	0	6,009	91.67	7.29	$43,816
Oct 2007	0	4,776	82.85	6.92	$33,059
Sep 2007	0	4,527	75.84	6.24	$28,267
Aug 2007	0	4,991	69.06	6.39	$31,882
Jul 2007	0	5,386	70.90	6.39	$34,405
Jun 2007	0	5,192	62.00	7.55	$39,192
May 2007	0	4,444	58.74	7.85	$34,869
Apr 2007	0	5,565	59.61	7.81	$43,436
Mar 2007	0	5,886	56.92	7.30	$42,979
Feb 2007	0	7,126	55.10	8.22	$58,547
Jan 2007	0	7,889	50.30	6.73	$53,068
Dec 2006	0	8,286	56.65	6.92	$57,326
Nov 2006	0	8,358	54.20	7.62	$63,667

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.

Sep 2020 — as filed, then multipliedworked

Condensate             0 bbl  × $ 37.09 =         $0
Gas                  184 Mcf  × $  1.99 =       $366

────────────────────────────────────────────────────
Month total                                     $366

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/224584 is the state's own key, not one this site invented.