SIMPSON

Operated by WILD RIVER, INC. (P-5 923293) in the SOUTH BEND, W. (MARBLE FALLS,LO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 88538District 09Field 84714335NGPA filingCondensateGasSaveExport
Value, all time
$74 k
Jan 1993 – May 2010
Value, last 12 filed months
$417
at the published price for each month
Months reported
209
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1980-01-04
as the register files it
Field class
Gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 5-1-81 PER AMENDMENT TO SWR 28 & 29

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
CondensateDisposition29 bbl$1,757
GasProduction36,559 Mcf$72,315
Total$74,072

16,934 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 33.0108, -98.7571. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.01081, -98.75711 · 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
4,220 ft
1 wells filed one
Completion to plug
30.3 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 4,220 ft.

Completions filed
Jan 1980
1 of 1 wells
Plug dates filed
May 2010
1 of 1 wells

Last completion to plug: a median of 30.3 years across the 1 well that filed both dates, with the middle half between 30.3 years and 30.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-5033361514,220 ftJan 1980May 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 (209)

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

209 months

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 200907671.445.48$417
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 200904542.144.06$183
Feb 200902432.814.63$111
Jan 200907435.865.37$397
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 2008090114.228.48$763
Jul 2008015131.0811.39$171
Jun 200800131.3313.03$0
May 200800123.1711.57$0
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 20070070.906.39$0
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 20070050.306.73$0
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 200629060.598.93$1,757
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 20050852.337.38$59
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 200406339.866.75$425
Nov 2004012845.286.33$810
Oct 2004015849.706.52$1,029
Sep 2004016543.245.28$872
Aug 2004019742.375.55$1,093
Jul 2004019538.286.08$1,186
Jun 2004023136.106.43$1,486
May 2004017137.486.49$1,111
Apr 2004015234.475.86$890
Mar 2004017734.365.53$979
Feb 2004021532.455.51$1,185
Jan 2004012432.036.30$781
Dec 2003015130.266.30$952
Nov 2003015528.804.60$712
Oct 2003017728.174.76$842
Sep 2003023626.314.75$1,121
Aug 2003015329.765.13$785
Jul 2003014329.415.17$739
Jun 2003016328.565.98$975
May 2003017226.595.97$1,027
Apr 2003016826.675.41$908
Mar 2003012431.146.10$756
Feb 2003012633.487.93$999
Jan 2003012930.315.58$720
Dec 2002016826.914.85$815
Nov 2002014524.664.14$600
Oct 2002015326.464.23$647
Sep 2002015927.443.64$578
Aug 2002026325.963.16$832
Jul 2002027224.583.06$833
Jun 2002038623.733.34$1,289
May 2002018624.663.58$667
Apr 2002016023.653.51$562
Mar 2002016922.003.10$524
Feb 2002015518.222.38$368
Jan 2002015417.172.38$366
Dec 2001014816.932.36$350
Nov 2001018518.072.41$445
Oct 2001021019.782.53$531
Sep 2001029524.262.25$664
Aug 2001040924.873.05$1,249
Jul 2001023923.933.20$764
Jun 2001028424.563.82$1,086
May 2001021425.524.31$922
Apr 2001013324.685.34$710
Mar 2001016824.545.38$903
Feb 2001016227.755.77$934
Jan 2001018827.478.40$1,579
Dec 2000021526.889.12$1,961
Nov 2000020132.215.66$1,137
Oct 2000020731.235.15$1,065
Sep 2000020331.875.19$1,053
Aug 2000025529.644.54$1,158
Jul 2000023728.534.09$969
Jun 2000017829.304.40$783
May 2000023027.263.68$846
Apr 2000020724.513.12$645
Mar 2000020728.422.86$592
Feb 2000018427.622.73$502
Jan 2000018725.272.48$464
Dec 1999020024.282.42$485
Nov 1999020023.192.43$487
Oct 1999022020.982.80$617
Sep 1999031621.752.62$828
Aug 1999040719.262.88$1,170
Jul 1999022017.892.37$522
Jun 1999022415.942.36$529
May 1999023715.792.32$550
Apr 1999020015.102.21$442
Mar 1999021812.471.84$401
Feb 199901879.981.82$340
Jan 1999028310.381.90$538
Dec 199802779.201.77$491
Nov 1998032810.892.19$717
Oct 1998032612.421.97$642
Sep 1998046412.592.08$966
Aug 1998021311.301.91$406
Jul 1998035411.742.24$792
Jun 1998025411.242.24$568
May 1998023012.622.21$507
Apr 1998022913.042.51$574
Mar 1998019612.802.31$453
Feb 1998012813.952.30$294
Jan 1998014614.702.15$315
Dec 1997013716.322.41$330
Nov 1997017418.193.09$537
Oct 1997021719.253.15$684
Sep 1997014817.742.95$437
Aug 1997017317.862.55$442
Jul 1997023417.582.25$526
Jun 1997012917.242.26$291
May 1997018718.972.31$432
Apr 1997013417.882.08$279
Mar 1997011718.951.94$227
Feb 199706020.492.21$132
Jan 1997013723.483.54$485
Dec 1996015823.32$0
Nov 1996017921.97$0
Oct 1996024723.31$0
Sep 1996016422.22$0
Aug 1996022320.26$0
Jul 1996017719.55$0
Jun 1996019018.73$0
May 1996020519.43$0
Apr 1996017521.51$0
Mar 1996023519.38$0
Feb 1996017716.98$0
Jan 1996017417.07$0
Dec 1995016917.19$0
Nov 1995028216.00$0
Oct 1995020615.43$0
Sep 1995034916.18$0
Aug 1995038315.92$0
Jul 1995032715.24$0
Jun 1995037716.41$0
May 1995042917.56$0
Apr 1995031717.73$0
Mar 1995038216.44$0
Feb 1995034016.58$0
Jan 1995037515.92$0
Dec 1994037415.03$0
Nov 1994048715.90$0
Oct 1994044315.58$0
Sep 1994043415.29$0
Aug 1994040616.13$0
Jul 1994042817.56$0
Jun 1994047317.09$0
May 1994039915.88$0
Apr 1994046114.14$0
Mar 1994044912.46$0
Feb 1994040712.50$0
Jan 1994034512.66$0
Dec 1993047912.33$0
Nov 1993039314.49$0
Oct 1993039815.85$0
Sep 1993042915.03$0
Aug 1993048015.66$0
Jul 1993047915.46$0
Jun 1993056516.79$0
May 1993043117.68$0
Apr 1993049918.05$0
Mar 1993049218.14$0
Feb 1993052017.90$0
Jan 1993042316.93$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.

Dec 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 71.44 =         $0
Gas                   76 Mcf  × $  5.48 =       $417

────────────────────────────────────────────────────
Month total                                     $417

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/88538 is the state's own key, not one this site invented.