MARKS, T. H.

Operated by BRECK OPERATING CORP. (P-5 89974) in the HUNTER (CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 97876District 09Field 43685300NGPA filingCondensateGasSaveExport
Value, all time
$39 k
Jan 1993 – Oct 2001
Value, last 12 filed months
$0
at the published price for each month
Months reported
106
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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
1979-06-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 2-1-80 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
NGPA2none

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
CondensateDisposition518 bbl$10,294
GasProduction87,209 Mcf$28,839
Total$39,133

75,859 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 33.0709, -98.0702. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.07085, -98.07022 · 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
5,450 ft
1 wells filed one
Completion to plug
19.7 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 5,450 ft.

Completions filed
Feb 1982
1 of 1 wells
Plug dates filed
Oct 2001
1 of 1 wells

Last completion to plug: a median of 19.7 years across the 1 well that filed both dates, with the middle half between 19.7 years and 19.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2373404715,450 ftFeb 1982Oct 2001Yes

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 (106)

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

106 months

Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 2000130029.304.40$3,809
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 199808111.742.24$181
Jun 199803711.242.24$83
May 199804512.622.21$99
Apr 199802913.042.51$73
Mar 199814912.802.31$126
Feb 19983611413.952.30$764
Jan 1998058914.702.15$1,269
Dec 1997172016.322.41$1,752
Nov 1997072318.193.09$2,233
Oct 1997074719.253.15$2,353
Sep 1997181617.742.95$2,429
Aug 1997081517.862.55$2,082
Jul 199701,07917.582.25$2,424
Jun 1997191717.242.26$2,087
May 1997079418.972.31$1,833
Apr 1997188817.882.08$1,867
Mar 1997084718.951.94$1,642
Feb 1997187520.492.21$1,951
Jan 199701,18523.483.54$4,195
Dec 1996194023.32$23
Nov 1996084921.97$0
Oct 1996095523.31$0
Sep 199601,07222.22$0
Aug 1996090020.26$0
Jul 199601,03819.55$0
Jun 199601,05618.73$0
May 199601,00919.43$0
Apr 199611,01221.51$22
Mar 199601,10419.38$0
Feb 1996096216.98$0
Jan 199601,12017.07$0
Dec 199501,16217.19$0
Nov 1995098516.00$0
Oct 199501,11615.43$0
Sep 199501,21816.18$0
Aug 1995087815.92$0
Jul 1995095915.24$0
Jun 1995085516.41$0
May 199501,06617.56$0
Apr 199501,28117.73$0
Mar 199501,70416.44$0
Feb 199501,62516.58$0
Jan 19951792,20315.92$2,850
Dec 199412,78915.03$15
Nov 199412,98615.90$16
Oct 199402,86515.58$0
Sep 199403,14615.29$0
Aug 199403,91216.13$0
Jul 199413,81617.56$18
Jun 199403,86017.09$0
May 199401,92115.88$0
Apr 199401,39614.14$0
Mar 199401,39012.46$0
Feb 199401,33112.50$0
Jan 199401,45112.66$0
Dec 199301,40112.33$0
Nov 199301,40014.49$0
Oct 199301,53115.85$0
Sep 199301,49815.03$0
Aug 199301,33815.66$0
Jul 199301,62515.46$0
Jun 199311,50316.79$17
May 199301,36917.68$0
Apr 199301,50118.05$0
Mar 19931611,60618.14$2,921
Feb 199301,47317.90$0
Jan 199301,68216.93$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.

Jun 2000 — as filed, then multipliedworked
Condensate           130 bbl  × $ 29.30 =     $3,809
Gas                    0 Mcf  × $  4.40 =         $0

────────────────────────────────────────────────────
Month total                                   $3,809

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/97876 is the state's own key, not one this site invented.