POTTER

Name: POTTER lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by J-W OPERATING CO. (P-5 427960) in the MONTEATH (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 89023District 09Field 62580300NGPA filingCondensateGasSave Export

Value, all time

$141 k

Jan 1993 – Apr 2010

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

208

no gaps in the span

Streams

condensate, gas

The MONTEATH (CONGL.) 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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered

1979-12-02

as the register files it

Field class

Gas

the register's own label

Between wells

2,000 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: “EXEMPT FIELD EFF 01/01/13 - ELK.”

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
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	5 bbl	$78
Gas	Production	40,727 Mcf	$140,928
Total			$141,006

12,449 Mcf of this lease's gas, across 44 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 33.1673, -97.4006. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.16728, -97.40065 · 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

8,350 ft

1 wells filed one

Completion to plug

30.0 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 8,350 ft.

Completions filed

Apr 1980

1 of 1 wells

Plug dates filed

Apr 2010

1 of 1 wells

Last completion to plug: a median of 30.0 years across the 1 well that filed both dates, with the middle half between 30.0 years and 30.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49731794	2	8,350 ft	Apr 1980	Apr 2010	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 (208)

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

208 months


Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	2	71.44	5.48	$11
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	50	67.42	3.22	$161
Jul 2009	0	155	61.13	3.46	$537
Jun 2009	0	231	66.16	3.90	$900
May 2009	0	198	54.74	3.93	$777
Apr 2009	0	100	46.77	3.59	$359
Mar 2009	0	259	42.14	4.06	$1,051
Feb 2009	0	212	32.81	4.63	$982
Jan 2009	0	228	35.86	5.37	$1,225
Dec 2008	0	54	37.10	5.98	$323
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	162	75.24	6.92	$1,121
Sep 2008	0	203	101.76	7.88	$1,599
Aug 2008	0	49	114.22	8.48	$416
Jul 2008	0	45	131.08	11.39	$513
Jun 2008	0	97	131.33	13.03	$1,264
May 2008	0	194	123.17	11.57	$2,245
Apr 2008	0	147	110.31	10.45	$1,537
Mar 2008	0	144	101.90	9.66	$1,392
Feb 2008	0	149	92.53	8.77	$1,307
Jan 2008	0	132	90.38	8.21	$1,083
Dec 2007	0	123	88.33	7.30	$898
Nov 2007	0	119	91.67	7.29	$868
Oct 2007	0	184	82.85	6.92	$1,274
Sep 2007	0	85	75.84	6.24	$531
Aug 2007	0	144	69.06	6.39	$920
Jul 2007	0	218	70.90	6.39	$1,393
Jun 2007	0	188	62.00	7.55	$1,419
May 2007	0	121	58.74	7.85	$949
Apr 2007	0	116	59.61	7.81	$905
Mar 2007	0	190	56.92	7.30	$1,387
Feb 2007	0	251	55.10	8.22	$2,062
Jan 2007	0	353	50.30	6.73	$2,375
Dec 2006	0	305	56.65	6.92	$2,110
Nov 2006	0	158	54.20	7.62	$1,204
Oct 2006	0	152	54.90	6.01	$914
Sep 2006	0	154	60.08	5.04	$776
Aug 2006	0	194	68.71	7.34	$1,424
Jul 2006	0	174	69.37	6.34	$1,104
Jun 2006	0	144	66.28	6.38	$919
May 2006	0	222	66.01	6.42	$1,426
Apr 2006	0	174	64.39	7.36	$1,281
Mar 2006	0	182	56.70	7.08	$1,289
Feb 2006	0	191	57.59	7.75	$1,480
Jan 2006	0	193	60.59	8.93	$1,724
Dec 2005	0	206	54.94	13.42	$2,764
Nov 2005	0	217	54.69	10.59	$2,298
Oct 2005	0	96	58.34	13.80	$1,324
Sep 2005	0	178	61.45	12.08	$2,150
Aug 2005	0	206	61.51	9.80	$2,018
Jul 2005	0	194	55.69	7.84	$1,522
Jun 2005	0	231	52.33	7.38	$1,705
May 2005	0	145	45.22	6.65	$964
Apr 2005	0	199	49.20	7.36	$1,465
Mar 2005	0	216	50.37	7.15	$1,545
Feb 2005	0	196	45.22	6.31	$1,237
Jan 2005	0	204	43.16	6.32	$1,290
Dec 2004	0	214	39.86	6.75	$1,445
Nov 2004	0	167	45.28	6.33	$1,057
Oct 2004	0	153	49.70	6.52	$997
Sep 2004	0	185	43.24	5.28	$978
Aug 2004	0	191	42.37	5.55	$1,060
Jul 2004	0	184	38.28	6.08	$1,119
Jun 2004	0	198	36.10	6.43	$1,274
May 2004	0	188	37.48	6.49	$1,221
Apr 2004	0	223	34.47	5.86	$1,306
Mar 2004	0	195	34.36	5.53	$1,078
Feb 2004	0	157	32.45	5.51	$865
Jan 2004	0	147	32.03	6.30	$926
Dec 2003	0	216	30.26	6.30	$1,361
Nov 2003	0	176	28.80	4.60	$809
Oct 2003	0	189	28.17	4.76	$900
Sep 2003	0	105	26.31	4.75	$499
Aug 2003	0	193	29.76	5.13	$990
Jul 2003	0	186	29.41	5.17	$962
Jun 2003	0	192	28.56	5.98	$1,149
May 2003	0	276	26.59	5.97	$1,648
Apr 2003	0	204	26.67	5.41	$1,103
Mar 2003	0	231	31.14	6.10	$1,408
Feb 2003	0	176	33.48	7.93	$1,395
Jan 2003	0	225	30.31	5.58	$1,256
Dec 2002	0	259	26.91	4.85	$1,257
Nov 2002	0	167	24.66	4.14	$691
Oct 2002	0	199	26.46	4.23	$842
Sep 2002	0	122	27.44	3.64	$443
Aug 2002	0	163	25.96	3.16	$516
Jul 2002	0	178	24.58	3.06	$545
Jun 2002	0	210	23.73	3.34	$701
May 2002	0	162	24.66	3.58	$581
Apr 2002	0	142	23.65	3.51	$499
Mar 2002	0	186	22.00	3.10	$577
Feb 2002	0	198	18.22	2.38	$470
Jan 2002	0	185	17.17	2.38	$440
Dec 2001	0	182	16.93	2.36	$430
Nov 2001	0	213	18.07	2.41	$512
Oct 2001	0	169	19.78	2.53	$427
Sep 2001	0	185	24.26	2.25	$416
Aug 2001	0	142	24.87	3.05	$434
Jul 2001	0	168	23.93	3.20	$537
Jun 2001	0	162	24.56	3.82	$620
May 2001	0	183	25.52	4.31	$788
Apr 2001	0	208	24.68	5.34	$1,110
Mar 2001	0	215	24.54	5.38	$1,156
Feb 2001	0	213	27.75	5.77	$1,228
Jan 2001	0	250	27.47	8.40	$2,100
Dec 2000	0	242	26.88	9.12	$2,208
Nov 2000	0	103	32.21	5.66	$583
Oct 2000	0	48	31.23	5.15	$247
Sep 2000	0	160	31.87	5.19	$830
Aug 2000	0	128	29.64	4.54	$581
Jul 2000	0	179	28.53	4.09	$732
Jun 2000	0	142	29.30	4.40	$624
May 2000	0	206	27.26	3.68	$758
Apr 2000	0	178	24.51	3.12	$555
Mar 2000	0	251	28.42	2.86	$718
Feb 2000	0	101	27.62	2.73	$275
Jan 2000	0	160	25.27	2.48	$397
Dec 1999	0	219	24.28	2.42	$531
Nov 1999	0	203	23.19	2.43	$494
Oct 1999	0	209	20.98	2.80	$586
Sep 1999	0	215	21.75	2.62	$563
Aug 1999	0	168	19.26	2.88	$483
Jul 1999	0	218	17.89	2.37	$517
Jun 1999	0	175	15.94	2.36	$413
May 1999	0	189	15.79	2.32	$439
Apr 1999	0	204	15.10	2.21	$450
Mar 1999	0	209	12.47	1.84	$384
Feb 1999	0	173	9.98	1.82	$314
Jan 1999	0	223	10.38	1.90	$424
Dec 1998	0	196	9.20	1.77	$348
Nov 1998	0	203	10.89	2.19	$444
Oct 1998	0	243	12.42	1.97	$479
Sep 1998	0	214	12.59	2.08	$446
Aug 1998	0	229	11.30	1.91	$437
Jul 1998	0	210	11.74	2.24	$470
Jun 1998	0	212	11.24	2.24	$474
May 1998	0	203	12.62	2.21	$448
Apr 1998	0	205	13.04	2.51	$514
Mar 1998	0	336	12.80	2.31	$776
Feb 1998	0	203	13.95	2.30	$467
Jan 1998	0	225	14.70	2.15	$485
Dec 1997	0	279	16.32	2.41	$673
Nov 1997	0	227	18.19	3.09	$701
Oct 1997	0	209	19.25	3.15	$658
Sep 1997	0	182	17.74	2.95	$538
Aug 1997	0	204	17.86	2.55	$521
Jul 1997	0	232	17.58	2.25	$521
Jun 1997	0	249	17.24	2.26	$562
May 1997	0	248	18.97	2.31	$573
Apr 1997	0	244	17.88	2.08	$508
Mar 1997	0	259	18.95	1.94	$502
Feb 1997	0	242	20.49	2.21	$534
Jan 1997	0	255	23.48	3.54	$903
Dec 1996	0	276	23.32	—	$0
Nov 1996	0	265	21.97	—	$0
Oct 1996	0	283	23.31	—	$0
Sep 1996	0	224	22.22	—	$0
Aug 1996	0	201	20.26	—	$0
Jul 1996	0	157	19.55	—	$0
Jun 1996	0	186	18.73	—	$0
May 1996	0	299	19.43	—	$0
Apr 1996	0	276	21.51	—	$0
Mar 1996	0	274	19.38	—	$0
Feb 1996	0	300	16.98	—	$0
Jan 1996	0	307	17.07	—	$0
Dec 1995	0	343	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	323	15.24	—	$0
Jun 1995	0	313	16.41	—	$0
May 1995	0	333	17.56	—	$0
Apr 1995	0	304	17.73	—	$0
Mar 1995	0	308	16.44	—	$0
Feb 1995	0	308	16.58	—	$0
Jan 1995	0	329	15.92	—	$0
Dec 1994	0	313	15.03	—	$0
Nov 1994	0	336	15.90	—	$0
Oct 1994	0	295	15.58	—	$0
Sep 1994	0	285	15.29	—	$0
Aug 1994	0	322	16.13	—	$0
Jul 1994	0	327	17.56	—	$0
Jun 1994	0	354	17.09	—	$0
May 1994	0	368	15.88	—	$0
Apr 1994	0	355	14.14	—	$0
Mar 1994	0	248	12.46	—	$0
Feb 1994	0	227	12.50	—	$0
Jan 1994	0	255	12.66	—	$0
Dec 1993	0	263	12.33	—	$0
Nov 1993	0	259	14.49	—	$0
Oct 1993	0	241	15.85	—	$0
Sep 1993	0	270	15.03	—	$0
Aug 1993	5	285	15.66	—	$78
Jul 1993	0	273	15.46	—	$0
Jun 1993	0	266	16.79	—	$0
May 1993	0	267	17.68	—	$0
Apr 1993	0	266	18.05	—	$0
Mar 1993	0	268	18.14	—	$0
Feb 1993	0	239	17.90	—	$0
Jan 1993	0	258	16.93	—	$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                    2 Mcf  × $  5.48 =        $11

────────────────────────────────────────────────────
Month total                                      $11

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/89023 is the state's own key, not one this site invented.