CRAFT-WATER BOARD UNIT 21

Name: CRAFT-WATER BOARD UNIT 21 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 94868District 09Field 10574520NGPA filingCondensateGasSave Export

Value, all time

$1.5 M

Jan 1993 – Oct 2010

Value, last 12 filed months

$7 k

at the published price for each month

Months reported

214

no gaps in the span

Streams

condensate, gas

The BOONSVILLE (BEND CONGL., GAS) 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 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.

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	4,102 bbl	$107,513
Gas	Production	485,264 Mcf	$1,415,623
Total			$1,523,137

168,834 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 33.1954, -97.8772. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.19539, -97.87719 · 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

5,943 ft

1 wells filed one

Completion to plug

28.3 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 5,943 ft.

Completions filed

Aug 1981

1 of 1 wells

Plug dates filed

Nov 2009

1 of 1 wells

Last completion to plug: a median of 28.3 years across the 1 well that filed both dates, with the middle half between 28.3 years and 28.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49732118	4	5,943 ft	Aug 1981	Nov 2009	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 (214)

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

214 months


Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	102	0	72.55	4.74	$7,400
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
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	0	71.44	5.48	$0
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	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	269	92.53	8.77	$2,359
Jan 2008	0	1,839	90.38	8.21	$15,090
Dec 2007	0	1,906	88.33	7.30	$13,918
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	1,811	82.85	6.92	$12,536
Sep 2007	0	1,917	75.84	6.24	$11,970
Aug 2007	0	1,914	69.06	6.39	$12,227
Jul 2007	0	1,722	70.90	6.39	$11,000
Jun 2007	0	1,755	62.00	7.55	$13,248
May 2007	168	1,904	58.74	7.85	$24,808
Apr 2007	0	1,912	59.61	7.81	$14,924
Mar 2007	0	2,029	56.92	7.30	$14,816
Feb 2007	0	1,793	55.10	8.22	$14,731
Jan 2007	0	2,005	50.30	6.73	$13,487
Dec 2006	0	1,711	56.65	6.92	$11,837
Nov 2006	0	2,102	54.20	7.62	$16,012
Oct 2006	0	2,140	54.90	6.01	$12,870
Sep 2006	0	2,148	60.08	5.04	$10,820
Aug 2006	153	2,020	68.71	7.34	$25,339
Jul 2006	0	2,274	69.37	6.34	$14,423
Jun 2006	0	2,092	66.28	6.38	$13,355
May 2006	0	9	66.01	6.42	$58
Apr 2006	0	1,821	64.39	7.36	$13,403
Mar 2006	0	2,164	56.70	7.08	$15,327
Feb 2006	0	1,877	57.59	7.75	$14,549
Jan 2006	0	1,495	60.59	8.93	$13,355
Dec 2005	0	1,293	54.94	13.42	$17,346
Nov 2005	0	1,258	54.69	10.59	$13,320
Oct 2005	0	1,416	58.34	13.80	$19,535
Sep 2005	0	1,561	61.45	12.08	$18,855
Aug 2005	0	1,714	61.51	9.80	$16,792
Jul 2005	112	1,593	55.69	7.84	$18,732
Jun 2005	0	1,733	52.33	7.38	$12,791
May 2005	0	1,877	45.22	6.65	$12,484
Apr 2005	0	1,739	49.20	7.36	$12,800
Mar 2005	0	1,969	50.37	7.15	$14,088
Feb 2005	0	1,878	45.22	6.31	$11,854
Jan 2005	0	1,983	43.16	6.32	$12,537
Dec 2004	0	2,032	39.86	6.75	$13,718
Nov 2004	0	2,109	45.28	6.33	$13,351
Oct 2004	0	2,184	49.70	6.52	$14,229
Sep 2004	0	2,193	43.24	5.28	$11,588
Aug 2004	0	1,880	42.37	5.55	$10,435
Jul 2004	159	2,096	38.28	6.08	$18,839
Jun 2004	0	2,002	36.10	6.43	$12,879
May 2004	0	2,017	37.48	6.49	$13,100
Apr 2004	0	1,814	34.47	5.86	$10,627
Mar 2004	0	2,013	34.36	5.53	$11,132
Feb 2004	0	1,881	32.45	5.51	$10,364
Jan 2004	0	1,945	32.03	6.30	$12,253
Dec 2003	0	2,077	30.26	6.30	$13,089
Nov 2003	0	2,105	28.80	4.60	$9,673
Oct 2003	0	2,189	28.17	4.76	$10,419
Sep 2003	154	2,280	26.31	4.75	$14,880
Aug 2003	0	2,278	29.76	5.13	$11,686
Jul 2003	0	2,301	29.41	5.17	$11,898
Jun 2003	0	2,313	28.56	5.98	$13,839
May 2003	0	2,355	26.59	5.97	$14,066
Apr 2003	0	2,334	26.67	5.41	$12,621
Mar 2003	175	2,410	31.14	6.10	$20,141
Feb 2003	0	2,220	33.48	7.93	$17,595
Jan 2003	0	2,455	30.31	5.58	$13,704
Dec 2002	0	2,519	26.91	4.85	$12,227
Nov 2002	0	2,470	24.66	4.14	$10,218
Oct 2002	0	2,519	26.46	4.23	$10,653
Sep 2002	0	2,439	27.44	3.64	$8,866
Aug 2002	0	2,465	25.96	3.16	$7,800
Jul 2002	0	2,504	24.58	3.06	$7,667
Jun 2002	0	2,537	23.73	3.34	$8,469
May 2002	0	2,413	24.66	3.58	$8,648
Apr 2002	69	1,921	23.65	3.51	$8,379
Mar 2002	0	2,285	22.00	3.10	$7,090
Feb 2002	0	2,444	18.22	2.38	$5,806
Jan 2002	0	2,817	17.17	2.38	$6,692
Dec 2001	0	2,985	16.93	2.36	$7,058
Nov 2001	153	723	18.07	2.41	$4,504
Oct 2001	0	2,719	19.78	2.53	$6,876
Sep 2001	0	2,671	24.26	2.25	$6,013
Aug 2001	0	2,249	24.87	3.05	$6,867
Jul 2001	0	2,426	23.93	3.20	$7,756
Jun 2001	0	2,510	24.56	3.82	$9,599
May 2001	0	2,696	25.52	4.31	$11,613
Apr 2001	0	2,604	24.68	5.34	$13,893
Mar 2001	0	2,706	24.54	5.38	$14,549
Feb 2001	173	2,467	27.75	5.77	$19,028
Jan 2001	0	2,807	27.47	8.40	$23,575
Dec 2000	0	2,876	26.88	9.12	$26,236
Nov 2000	0	2,320	32.21	5.66	$13,127
Oct 2000	0	2,297	31.23	5.15	$11,819
Sep 2000	0	2,526	31.87	5.19	$13,101
Aug 2000	0	2,757	29.64	4.54	$12,519
Jul 2000	88	2,775	28.53	4.09	$13,860
Jun 2000	0	2,772	29.30	4.40	$12,189
May 2000	0	2,752	27.26	3.68	$10,127
Apr 2000	0	2,780	24.51	3.12	$8,662
Mar 2000	171	2,927	28.42	2.86	$13,230
Feb 2000	0	2,711	27.62	2.73	$7,392
Jan 2000	0	2,867	25.27	2.48	$7,112
Dec 1999	0	2,857	24.28	2.42	$6,925
Nov 1999	0	2,772	23.19	2.43	$6,747
Oct 1999	0	2,979	20.98	2.80	$8,352
Sep 1999	0	2,861	21.75	2.62	$7,493
Aug 1999	0	2,974	19.26	2.88	$8,552
Jul 1999	68	3,004	17.89	2.37	$8,343
Jun 1999	0	2,920	15.94	2.36	$6,897
May 1999	0	3,029	15.79	2.32	$7,030
Apr 1999	173	2,901	15.10	2.21	$9,018
Mar 1999	0	2,871	12.47	1.84	$5,278
Feb 1999	0	2,767	9.98	1.82	$5,030
Jan 1999	0	3,039	10.38	1.90	$5,774
Dec 1998	0	2,942	9.20	1.77	$5,217
Nov 1998	0	2,963	10.89	2.19	$6,476
Oct 1998	0	3,095	12.42	1.97	$6,095
Sep 1998	69	2,975	12.59	2.08	$7,065
Aug 1998	0	3,042	11.30	1.91	$5,802
Jul 1998	0	3,030	11.74	2.24	$6,779
Jun 1998	0	2,977	11.24	2.24	$6,660
May 1998	162	3,051	12.62	2.21	$8,776
Apr 1998	0	2,842	13.04	2.51	$7,120
Mar 1998	0	2,957	12.80	2.31	$6,829
Feb 1998	0	2,701	13.95	2.30	$6,210
Jan 1998	0	3,244	14.70	2.15	$6,990
Dec 1997	153	3,172	16.32	2.41	$10,145
Nov 1997	0	3,104	18.19	3.09	$9,586
Oct 1997	0	3,401	19.25	3.15	$10,713
Sep 1997	0	2,967	17.74	2.95	$8,767
Aug 1997	0	3,304	17.86	2.55	$8,441
Jul 1997	0	3,144	17.58	2.25	$7,064
Jun 1997	141	3,118	17.24	2.26	$9,469
May 1997	0	3,147	18.97	2.31	$7,265
Apr 1997	0	3,206	17.88	2.08	$6,677
Mar 1997	0	2,981	18.95	1.94	$5,781
Feb 1997	0	2,993	20.49	2.21	$6,602
Jan 1997	154	3,718	23.48	3.54	$16,777
Dec 1996	0	3,341	23.32	—	$0
Nov 1996	0	3,383	21.97	—	$0
Oct 1996	0	4,213	23.31	—	$0
Sep 1996	139	3,357	22.22	—	$3,089
Aug 1996	0	3,513	20.26	—	$0
Jul 1996	0	3,408	19.55	—	$0
Jun 1996	0	3,365	18.73	—	$0
May 1996	0	3,812	19.43	—	$0
Apr 1996	154	3,721	21.51	—	$3,313
Mar 1996	0	3,194	19.38	—	$0
Feb 1996	0	3,505	16.98	—	$0
Jan 1996	0	3,747	17.07	—	$0
Dec 1995	133	3,970	17.19	—	$2,286
Nov 1995	0	3,629	16.00	—	$0
Oct 1995	0	3,386	15.43	—	$0
Sep 1995	0	2,358	16.18	—	$0
Aug 1995	0	3,119	15.92	—	$0
Jul 1995	0	3,148	15.24	—	$0
Jun 1995	0	2,970	16.41	—	$0
May 1995	145	3,316	17.56	—	$2,546
Apr 1995	0	3,175	17.73	—	$0
Mar 1995	0	3,141	16.44	—	$0
Feb 1995	0	3,288	16.58	—	$0
Jan 1995	0	3,628	15.92	—	$0
Dec 1994	0	3,620	15.03	—	$0
Nov 1994	109	3,560	15.90	—	$1,733
Oct 1994	0	3,126	15.58	—	$0
Sep 1994	0	2,930	15.29	—	$0
Aug 1994	0	3,970	16.13	—	$0
Jul 1994	151	3,998	17.56	—	$2,652
Jun 1994	0	3,673	17.09	—	$0
May 1994	0	3,750	15.88	—	$0
Apr 1994	0	3,741	14.14	—	$0
Mar 1994	163	3,850	12.46	—	$2,031
Feb 1994	0	3,543	12.50	—	$0
Jan 1994	0	3,564	12.66	—	$0
Dec 1993	0	3,945	12.33	—	$0
Nov 1993	164	3,856	14.49	—	$2,376
Oct 1993	0	4,063	15.85	—	$0
Sep 1993	0	4,033	15.03	—	$0
Aug 1993	0	4,347	15.66	—	$0
Jul 1993	0	3,097	15.46	—	$0
Jun 1993	165	2,305	16.79	—	$2,770
May 1993	0	3,595	17.68	—	$0
Apr 1993	0	3,659	18.05	—	$0
Mar 1993	0	3,755	18.14	—	$0
Feb 1993	182	3,369	17.90	—	$3,258
Jan 1993	0	3,798	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.

Jul 2010 — as filed, then multipliedworked

Condensate           102 bbl  × $ 72.55 =     $7,400
Gas                    0 Mcf  × $  4.74 =         $0

────────────────────────────────────────────────────
Month total                                   $7,400

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/94868 is the state's own key, not one this site invented.