MONTGOMERY PROPERTIES RANCH

Operated by MONTGOMERY PROPERTIES, INC. (P-5 575200) in the BUFFALO SPRINGS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22599District 09Field 13128001OilCasinghead gasSaveExport
Value, all time
$46 k
Jan 1993 – Aug 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
128
no gaps in the span
Streams
2
oil, casinghead 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 47 leases and 63 wells, and the rule below applies to all of them.

Discovered
1951-10-31
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

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
OilDisposition3,039 bbl$44,906
Casinghead gasProduction38,351 Mcf$610
Total$45,516

38,081 Mcf of this lease's gas, across 40 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 (2)

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 33.5062, -98.1161. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.50620, -98.11610 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
5,722 ft
2 wells filed one
Completion to plug
14.6 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 5,703 and 5,740 ft, median 5,722 ft, over the 2 wells that filed a depth.

Completions filed
Sep 1982 – Jul 1983
2 of 2 wells
Plug dates filed
Jul 1993 – Nov 2001
2 of 2 wells

Last completion to plug: a median of 14.6 years across the 2 wells that filed both dates, with the middle half between 12.8 years and 16.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0773299735,740 ftJul 1983Nov 2001Yes
42-0773274815,703 ftSep 1982Jul 1993Yes

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 (128)

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

128 months

Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
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 20000029.304.40$0
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 199819012.421.97$236
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 199701217.582.25$27
Jun 1997016117.242.26$363
May 199707718.972.31$178
Apr 199702017.882.08$42
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 199607523.32$0
Nov 1996055321.97$0
Oct 1996052023.31$0
Sep 19969759722.22$2,155
Aug 1996061020.26$0
Jul 1996060219.55$0
Jun 1996062718.73$0
May 1996068819.43$0
Apr 1996067221.51$0
Mar 199601,14419.38$0
Feb 1996015716.98$0
Jan 1996016117.07$0
Dec 199515970317.19$2,733
Nov 1995077116.00$0
Oct 1995069115.43$0
Sep 1995085616.18$0
Aug 1995078515.92$0
Jul 1995070415.24$0
Jun 1995067116.41$0
May 1995086417.56$0
Apr 1995084517.73$0
Mar 199513771816.44$2,252
Feb 1995068916.58$0
Jan 1995082715.92$0
Dec 1994080715.03$0
Nov 199415688015.90$2,480
Oct 1994097115.58$0
Sep 1994098815.29$0
Aug 199401,10716.13$0
Jul 199401,23117.56$0
Jun 199401,13417.09$0
May 19941611,24115.88$2,557
Apr 199401,35314.14$0
Mar 19941681,67412.46$2,093
Feb 19941761,66912.50$2,200
Jan 19941812,15112.66$2,291
Dec 19933622,44812.33$4,463
Nov 19937102,52714.49$10,288
Oct 19935361,55115.85$8,496
Sep 199317781915.03$2,660
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Oct 1998 — as filed, then multipliedworked
Oil                   19 bbl  × $ 12.42 =       $236
Casinghead gas         0 Mcf  × $  1.97 =         $0

────────────────────────────────────────────────────
Month total                                     $236

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/O/22599 is the state's own key, not one this site invented.