JONES, N.B.C.

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 87180District 09Field 10574520NGPA filingCondensateGasSaveExport
Value, all time
$1.4 M
Jan 1993 – Dec 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
216
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.

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
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
CondensateDisposition3,373 bbl$83,207
GasProduction484,372 Mcf$1,347,447
Total$1,430,653

175,433 Mcf of this lease's gas, across 48 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 33.1024, -97.7738. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.10236, -97.77380 · 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
6,100 ft
1 wells filed one
Completion to plug
18.3 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 6,100 ft.

Completions filed
Aug 1992
1 of 1 wells
Plug dates filed
Dec 2010
1 of 1 wells

Last completion to plug: a median of 18.3 years across the 1 well that filed both dates, with the middle half between 18.3 years and 18.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973171026,100 ftAug 1992Dec 2010Yes

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 (216)

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

216 months

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 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 200814318492.538.77$14,846
Jan 200801,20690.388.21$9,896
Dec 2007062688.337.30$4,571
Nov 20070091.677.29$0
Oct 200701,55082.856.92$10,729
Sep 200701,31475.846.24$8,205
Aug 200701,72869.066.39$11,038
Jul 200701,98870.906.39$12,699
Jun 200701,68462.007.55$12,712
May 200701,37858.747.85$10,812
Apr 2007075059.617.81$5,854
Mar 200701,68556.927.30$12,304
Feb 200701,60255.108.22$13,162
Jan 2007048950.306.73$3,289
Dec 2006078056.656.92$5,396
Nov 200601,48654.207.62$11,320
Oct 200601,89054.906.01$11,366
Sep 200601,46560.085.04$7,380
Aug 200601,65568.717.34$12,148
Jul 200621,75269.376.34$11,251
Jun 200621,64166.286.38$10,609
May 20062466.016.42$158
Apr 200601,71564.397.36$12,623
Mar 200601,64556.707.08$11,651
Feb 200621,83757.597.75$14,354
Jan 200642,03760.598.93$18,440
Dec 200521,39754.9413.42$18,851
Nov 200521,84854.6910.59$19,677
Oct 200501,66758.3413.80$22,998
Sep 200511,08461.4512.08$13,155
Aug 200501,69661.519.80$16,615
Jul 200501,11355.697.84$8,730
Jun 200521,78652.337.38$13,287
May 200501,92745.226.65$12,817
Apr 200501,96749.207.36$14,478
Mar 200522,01650.377.15$14,525
Feb 200501,89345.226.31$11,948
Jan 20051961,99343.166.32$21,060
Dec 2004085939.866.75$5,799
Nov 200401,94045.286.33$12,281
Oct 200401,94849.706.52$12,691
Sep 200401,93243.245.28$10,208
Aug 200411,80642.375.55$10,067
Jul 200401,55638.286.08$9,467
Jun 200401,94036.106.43$12,480
May 200412,12637.486.49$13,845
Apr 200401,95934.475.86$11,477
Mar 2004027034.365.53$1,493
Feb 200411,87032.455.51$10,335
Jan 200401,54232.036.30$9,714
Dec 200312,24830.266.30$14,196
Nov 200312,28728.804.60$10,538
Oct 200312,45528.174.76$11,713
Sep 20031882,49326.314.75$16,786
Aug 200302,31129.765.13$11,855
Jul 200302,24829.415.17$11,624
Jun 200302,20028.565.98$13,163
May 200301,99926.595.97$11,939
Apr 200312,23326.675.41$12,101
Mar 200302,16831.146.10$13,216
Feb 200302,26033.487.93$17,912
Jan 200301,36730.315.58$7,631
Dec 20021802,09526.914.85$15,012
Nov 200202,23624.664.14$9,250
Oct 200201,86126.464.23$7,870
Sep 200202,55827.443.64$9,299
Aug 200202,39025.963.16$7,562
Jul 200202,47824.583.06$7,587
Jun 200202,64623.733.34$8,833
May 200202,31624.663.58$8,301
Apr 200202,33423.653.51$8,198
Mar 20021862,44422.003.10$11,675
Feb 200202,48218.222.38$5,896
Jan 200202,62617.172.38$6,239
Dec 200102,31116.932.36$5,464
Nov 200101,26118.072.41$3,033
Oct 2001043219.782.53$1,092
Sep 200102,60224.262.25$5,858
Aug 200102,73324.873.05$8,344
Jul 200102,25023.933.20$7,193
Jun 200103,14724.563.82$12,035
May 200103,71625.524.31$16,006
Apr 20011793,52324.685.34$23,214
Mar 200103,58424.545.38$19,269
Feb 200103,96327.755.77$22,855
Jan 20011751,46527.478.40$17,111
Dec 200002,58126.889.12$23,545
Nov 200003,64032.215.66$20,595
Oct 200003,88331.235.15$19,980
Sep 200003,40831.875.19$17,676
Aug 200003,78529.644.54$17,187
Jul 200003,64428.534.09$14,903
Jun 200003,67929.304.40$16,177
May 2000752,23627.263.68$10,272
Apr 2000922,22824.513.12$9,197
Mar 200002,81128.422.86$8,039
Feb 200003,25327.622.73$8,869
Jan 200003,53725.272.48$8,774
Dec 199903,01724.282.42$7,312
Nov 199902,27223.192.43$5,530
Oct 199903,32120.982.80$9,311
Sep 1999703,10021.752.62$9,641
Aug 199903,15619.262.88$9,075
Jul 199903,09617.892.37$7,345
Jun 199903,16015.942.36$7,464
May 199903,15215.792.32$7,316
Apr 19991833,17415.102.21$9,772
Mar 199903,08012.471.84$5,662
Feb 199902,7119.981.82$4,928
Jan 199903,12510.381.90$5,937
Dec 199803,0679.201.77$5,439
Nov 199803,15310.892.19$6,892
Oct 199803,35112.421.97$6,599
Sep 1998332,68312.592.08$6,003
Aug 199802,76811.301.91$5,280
Jul 1998173,47311.742.24$7,970
Jun 199802,62711.242.24$5,877
May 199803,19012.622.21$7,038
Apr 199803,05513.042.51$7,654
Mar 199803,26012.802.31$7,529
Feb 199802,84813.952.30$6,548
Jan 19981953,39814.702.15$10,188
Dec 199703,88216.322.41$9,360
Nov 199703,05418.193.09$9,432
Oct 199703,44319.253.15$10,845
Sep 199701,78717.742.95$5,280
Aug 199702,65717.862.55$6,788
Jul 199703,28917.582.25$7,390
Jun 199703,26117.242.26$7,361
May 19971824,09218.972.31$12,899
Apr 199703,79917.882.08$7,912
Mar 199703,65718.951.94$7,091
Feb 199701,50920.492.21$3,329
Jan 199702,63923.483.54$9,341
Dec 199603,08223.32$0
Nov 199603,50221.97$0
Oct 19961823,76623.31$4,242
Sep 199603,57122.22$0
Aug 199603,86720.26$0
Jul 199602,30819.55$0
Jun 199603,61118.73$0
May 199604,11719.43$0
Apr 199603,71621.51$0
Mar 19961634,19819.38$3,159
Feb 199603,39716.98$0
Jan 19961594,02317.07$2,714
Dec 199503,47717.19$0
Nov 199504,06716.00$0
Oct 199504,25515.43$0
Sep 199504,50816.18$0
Aug 19951912,35515.92$3,041
Jul 199503,94315.24$0
Jun 199504,33616.41$0
May 199504,03317.56$0
Apr 199503,32317.73$0
Mar 199503,56416.44$0
Feb 199502,87216.58$0
Jan 199503,39615.92$0
Dec 199405,10315.03$0
Nov 199405,25715.90$0
Oct 1994080415.58$0
Sep 199407115.29$0
Aug 1994027416.13$0
Jul 1994072517.56$0
Jun 19941844,83617.09$3,145
May 199405,45715.88$0
Apr 199405,74814.14$0
Mar 199404,47512.46$0
Feb 19941884,30512.50$2,350
Jan 199402,51812.66$0
Dec 199305,01212.33$0
Nov 199306,72314.49$0
Oct 199306,07115.85$0
Sep 19931843,31415.03$2,766
Aug 199303,81515.66$0
Jul 199303,49715.46$0
Jun 199302,27616.79$0
May 199304,60017.68$0
Apr 199304,63518.05$0
Mar 199304,13418.14$0
Feb 199302,29517.90$0
Jan 199302,20116.93$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.

Feb 2008 — as filed, then multipliedworked
Condensate           143 bbl  × $ 92.53 =    $13,232
Gas                  184 Mcf  × $  8.77 =     $1,614

────────────────────────────────────────────────────
Month total                                  $14,846

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/87180 is the state's own key, not one this site invented.