CRAFT-WATER BOARD UNIT 16

Operated by MERIT ENERGY COMPANY (P-5 561136) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 43653District 09Field 10574520CondensateGasSaveExport
Value, all time
$182 k
Jan 1993 – Apr 2008
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
184
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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered
1945-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: AMOUNT HAD BEEN CALCULATED FOR 5/1/97.

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
CondensateDisposition1,099 bbl$20,163
GasProduction96,744 Mcf$161,634
Total$181,797

42,947 Mcf of this lease's gas, across 31 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 33.1924, -97.8533. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.19238, -97.85334 · 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
7,300 ft
1 wells filed one
Completion to plug
39.1 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 7,300 ft.

Completions filed
Dec 1967
1 of 1 wells
Plug dates filed
Jan 2007
1 of 1 wells

Last completion to plug: a median of 39.1 years across the 1 well that filed both dates, with the middle half between 39.1 years and 39.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4970023627,300 ftDec 1967Jan 2007Yes

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 (184)

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

184 months

Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 200724070.906.39$1,702
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20072250.306.73$114
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 200402543.245.28$132
Aug 200405242.375.55$289
Jul 20040038.286.08$0
Jun 20040936.106.43$58
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 200401832.455.51$99
Jan 200404032.036.30$252
Dec 200301730.266.30$107
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 200306226.595.97$370
Apr 2003010826.675.41$584
Mar 2003031931.146.10$1,945
Feb 2003012433.487.93$983
Jan 200308030.315.58$447
Dec 2002013726.914.85$665
Nov 2002026624.664.14$1,100
Oct 2002032526.464.23$1,374
Sep 2002030227.443.64$1,098
Aug 2002032325.963.16$1,022
Jul 2002033824.583.06$1,035
Jun 2002032423.733.34$1,082
May 2002029424.663.58$1,054
Apr 2002028123.653.51$987
Mar 2002025322.003.10$785
Feb 2002023318.222.38$554
Jan 20020017.172.38$0
Dec 2001054316.932.36$1,284
Nov 2001014418.072.41$346
Oct 2001040019.782.53$1,012
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 2001048723.933.20$1,557
Jun 2001053124.563.82$2,031
May 2001059925.524.31$2,580
Apr 2001041424.685.34$2,209
Mar 2001051324.545.38$2,758
Feb 2001040627.755.77$2,341
Jan 2001041227.478.40$3,460
Dec 2000050226.889.12$4,580
Nov 2000065432.215.66$3,700
Oct 2000070031.235.15$3,602
Sep 2000071631.875.19$3,714
Aug 2000075229.644.54$3,415
Jul 2000076428.534.09$3,125
Jun 2000074229.304.40$3,263
May 2000074327.263.68$2,734
Apr 200001,07824.513.12$3,359
Mar 2000089828.422.86$2,568
Feb 2000068527.622.73$1,868
Jan 2000057025.272.48$1,414
Dec 1999063224.282.42$1,532
Nov 1999064623.192.43$1,572
Oct 1999086520.982.80$2,425
Sep 1999068021.752.62$1,781
Aug 1999079119.262.88$2,275
Jul 1999089317.892.37$2,119
Jun 1999096215.942.36$2,272
May 1999083915.792.32$1,947
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199907849.981.82$1,425
Jan 19990010.381.90$0
Dec 199806409.201.77$1,135
Nov 1998059710.892.19$1,305
Oct 1998056312.421.97$1,109
Sep 1998050912.592.08$1,060
Aug 199806711.301.91$128
Jul 199815319611.742.24$2,235
Jun 199801,67811.242.24$3,754
May 1998030412.622.21$671
Apr 199801,07313.042.51$2,688
Mar 199801,63312.802.31$3,771
Feb 199801,90513.952.30$4,380
Jan 199801,06114.702.15$2,286
Dec 199701,19116.322.41$2,872
Nov 199701,69618.193.09$5,238
Oct 1997061219.253.15$1,928
Sep 19971421,84717.742.95$7,977
Aug 199702,19917.862.55$5,618
Jul 199702,50417.582.25$5,626
Jun 199701,56817.242.26$3,539
May 199701,06918.972.31$2,468
Apr 199701,40617.882.08$2,928
Mar 199701,51018.951.94$2,928
Feb 199702,29620.492.21$5,065
Jan 199701,39623.483.54$4,941
Dec 199601,43523.32$0
Nov 19961242,45621.97$2,724
Oct 199601,80923.31$0
Sep 199602,83522.22$0
Aug 199601,87520.26$0
Jul 199602,33419.55$0
Jun 199601,23118.73$0
May 199603,08819.43$0
Apr 19961432,80021.51$3,076
Mar 199662,50019.38$116
Feb 199601,93216.98$0
Jan 199603,36417.07$0
Dec 199502,34317.19$0
Nov 19951442,82416.00$2,304
Oct 199503,68615.43$0
Sep 199503,95716.18$0
Aug 199507815.92$0
Jul 1995108015.24$1,646
Jun 199510016.41$164
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 199404016.13$0
Jul 199406017.56$0
Jun 199408317.09$0
May 199402215.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 1993012412.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 199307315.03$0
Aug 19937831915.66$1,221
Jul 199307415.46$0
Jun 1993037416.79$0
May 1993018717.68$0
Apr 1993028118.05$0
Mar 1993017918.14$0
Feb 1993028717.90$0
Jan 199316529716.93$2,793

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 2007 — as filed, then multipliedworked
Condensate            24 bbl  × $ 70.90 =     $1,702
Gas                    0 Mcf  × $  6.39 =         $0

────────────────────────────────────────────────────
Month total                                   $1,702

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/43653 is the state's own key, not one this site invented.