TARRANT COUNTY WATERBOARD UNIT 4

Name: TARRANT COUNTY WATERBOARD UNIT 4 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 CAP YATES (CONSOLIDATED CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24305District 09Field 15463184NGPA filingOilCasinghead gasSave Export

Value, all time

$1.1 M

Jan 1993 – Feb 2009

Value, last 12 filed months

at the published price for each month

Months reported

194

no gaps in the span

Streams

oil, casinghead gas

The CAP YATES (CONSOLIDATED 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 115 leases and 198 wells, and the rule below applies to all of them.

Discovered

1973-12-01

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: “PER AOF 1 & 2 FORMS ALLOCATION FORMULA SUSPENDED EFFECTIVE 11/1/99”

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
Oil	Disposition	13,486 bbl	$278,730
Casinghead gas	Production	407,538 Mcf	$824,534
Total			$1,103,264

197,462 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 (3)

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 33.2354, -97.8823. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

33.23504, -97.88238 · 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%

3 of 3 wells

With a plug date

66.7%

2 of 3 wells

Median depth

5,900 ft

3 wells filed one

Completion to plug

20.4 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

266.7%

BothOn the schedule and plugged. Neither fact cancels the other.

266.7%

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 5,850 and 6,085 ft, median 5,900 ft, over the 3 wells that filed a depth.

Completions filed

May 1984 – Jan 1989

3 of 3 wells

Plug dates filed

Feb 2005 – Mar 2008

2 of 3 wells; 1 filed none

Last completion to plug: a median of 20.4 years across the 2 wells that filed both dates, with the middle half between 18.7 years and 22.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-49733190	3	5,850 ft	Jan 1989	—	Yes
42-49733284	4	6,085 ft	Mar 1988	Feb 2005	Yes
42-49732752	2	5,900 ft	May 1984	Mar 2008	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 (194)

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

194 months


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	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	96	0	69.06	6.39	$6,630
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	1,232	56.70	7.08	$8,726
Feb 2006	0	976	57.59	7.75	$7,565
Jan 2006	0	939	60.59	8.93	$8,388
Dec 2005	0	1,178	54.94	13.42	$15,803
Nov 2005	175	1,196	54.69	10.59	$22,234
Oct 2005	0	1,263	58.34	13.80	$17,424
Sep 2005	0	1,222	61.45	12.08	$14,761
Aug 2005	0	1,208	61.51	9.80	$11,835
Jul 2005	0	1,268	55.69	7.84	$9,946
Jun 2005	182	1,414	52.33	7.38	$19,961
May 2005	0	850	45.22	6.65	$5,653
Apr 2005	0	1,236	49.20	7.36	$9,098
Mar 2005	0	1,333	50.37	7.15	$9,537
Feb 2005	0	1,145	45.22	6.31	$7,227
Jan 2005	181	1,236	43.16	6.32	$15,626
Dec 2004	0	1,330	39.86	6.75	$8,979
Nov 2004	0	1,272	45.28	6.33	$8,052
Oct 2004	0	1,209	49.70	6.52	$7,877
Sep 2004	282	1,400	43.24	5.28	$19,591
Aug 2004	0	1,473	42.37	5.55	$8,176
Jul 2004	0	1,453	38.28	6.08	$8,840
Jun 2004	0	1,366	36.10	6.43	$8,788
May 2004	181	1,371	37.48	6.49	$15,688
Apr 2004	0	1,310	34.47	5.86	$7,675
Mar 2004	0	1,254	34.36	5.53	$6,935
Feb 2004	0	1,117	32.45	5.51	$6,154
Jan 2004	0	1,171	32.03	6.30	$7,377
Dec 2003	0	1,211	30.26	6.30	$7,631
Nov 2003	0	1,210	28.80	4.60	$5,560
Oct 2003	181	1,282	28.17	4.76	$11,201
Sep 2003	0	1,411	26.31	4.75	$6,701
Aug 2003	0	1,532	29.76	5.13	$7,859
Jul 2003	177	1,497	29.41	5.17	$12,946
Jun 2003	0	1,480	28.56	5.98	$8,855
May 2003	0	1,431	26.59	5.97	$8,547
Apr 2003	0	1,354	26.67	5.41	$7,321
Mar 2003	0	1,311	31.14	6.10	$7,992
Feb 2003	182	1,219	33.48	7.93	$15,755
Jan 2003	0	1,434	30.31	5.58	$8,005
Dec 2002	0	1,525	26.91	4.85	$7,402
Nov 2002	184	1,507	24.66	4.14	$10,772
Oct 2002	0	1,538	26.46	4.23	$6,504
Sep 2002	0	1,591	27.44	3.64	$5,784
Aug 2002	0	1,839	25.96	3.16	$5,819
Jul 2002	179	1,752	24.58	3.06	$9,764
Jun 2002	0	1,686	23.73	3.34	$5,628
May 2002	0	1,633	24.66	3.58	$5,853
Apr 2002	0	1,636	23.65	3.51	$5,746
Mar 2002	180	1,581	22.00	3.10	$8,865
Feb 2002	0	1,542	18.22	2.38	$3,663
Jan 2002	180	1,678	17.17	2.38	$7,077
Dec 2001	0	1,750	16.93	2.36	$4,138
Nov 2001	0	400	18.07	2.41	$962
Oct 2001	151	1,757	19.78	2.53	$7,430
Sep 2001	178	1,567	24.26	2.25	$7,846
Aug 2001	0	1,600	24.87	3.05	$4,885
Jul 2001	0	1,625	23.93	3.20	$5,195
Jun 2001	0	1,498	24.56	3.82	$5,729
May 2001	178	1,715	25.52	4.31	$11,930
Apr 2001	0	1,554	24.68	5.34	$8,291
Mar 2001	0	1,676	24.54	5.38	$9,011
Feb 2001	0	1,501	27.75	5.77	$8,656
Jan 2001	0	1,785	27.47	8.40	$14,992
Dec 2000	0	1,837	26.88	9.12	$16,758
Nov 2000	0	1,915	32.21	5.66	$10,835
Oct 2000	0	2,030	31.23	5.15	$10,445
Sep 2000	178	2,056	31.87	5.19	$16,336
Aug 2000	0	1,988	29.64	4.54	$9,027
Jul 2000	0	1,849	28.53	4.09	$7,562
Jun 2000	177	1,975	29.30	4.40	$13,871
May 2000	0	1,983	27.26	3.68	$7,297
Apr 2000	0	2,052	24.51	3.12	$6,394
Mar 2000	182	2,054	28.42	2.86	$11,046
Feb 2000	0	1,876	27.62	2.73	$5,115
Jan 2000	0	2,109	25.27	2.48	$5,231
Dec 1999	191	1,942	24.28	2.42	$9,344
Nov 1999	0	2,054	23.19	2.43	$4,999
Oct 1999	153	2,328	20.98	2.80	$9,737
Sep 1999	159	2,164	21.75	2.62	$9,125
Aug 1999	189	2,315	19.26	2.88	$10,297
Jul 1999	0	2,276	17.89	2.37	$5,400
Jun 1999	0	2,208	15.94	2.36	$5,216
May 1999	0	2,343	15.79	2.32	$5,438
Apr 1999	186	2,295	15.10	2.21	$7,876
Mar 1999	182	2,496	12.47	1.84	$6,858
Feb 1999	373	2,476	9.98	1.82	$8,223
Jan 1999	186	2,617	10.38	1.90	$6,903
Dec 1998	0	1,271	9.20	1.77	$2,254
Nov 1998	0	2,876	10.89	2.19	$6,286
Oct 1998	185	2,976	12.42	1.97	$8,158
Sep 1998	0	3,062	12.59	2.08	$6,377
Aug 1998	184	2,994	11.30	1.91	$7,790
Jul 1998	0	3,017	11.74	2.24	$6,750
Jun 1998	0	2,841	11.24	2.24	$6,356
May 1998	184	2,567	12.62	2.21	$7,986
Apr 1998	176	2,642	13.04	2.51	$8,914
Mar 1998	190	2,553	12.80	2.31	$8,328
Feb 1998	0	2,350	13.95	2.30	$5,403
Jan 1998	0	2,922	14.70	2.15	$6,296
Dec 1997	385	3,108	16.32	2.41	$13,777
Nov 1997	0	3,006	18.19	3.09	$9,283
Oct 1997	0	2,741	19.25	3.15	$8,634
Sep 1997	0	3,346	17.74	2.95	$9,887
Aug 1997	175	3,727	17.86	2.55	$12,647
Jul 1997	0	3,637	17.58	2.25	$8,172
Jun 1997	199	3,228	17.24	2.26	$10,717
May 1997	0	3,380	18.97	2.31	$7,803
Apr 1997	185	3,106	17.88	2.08	$9,777
Mar 1997	0	3,435	18.95	1.94	$6,661
Feb 1997	0	3,202	20.49	2.21	$7,063
Jan 1997	188	3,121	23.48	3.54	$15,462
Dec 1996	351	2,559	23.32	—	$8,185
Nov 1996	0	3,043	21.97	—	$0
Oct 1996	0	2,591	23.31	—	$0
Sep 1996	177	3,002	22.22	—	$3,933
Aug 1996	357	3,230	20.26	—	$7,233
Jul 1996	0	2,743	19.55	—	$0
Jun 1996	0	2,511	18.73	—	$0
May 1996	180	3,315	19.43	—	$3,497
Apr 1996	180	2,920	21.51	—	$3,872
Mar 1996	0	2,772	19.38	—	$0
Feb 1996	0	3,147	16.98	—	$0
Jan 1996	173	3,135	17.07	—	$2,953
Dec 1995	0	2,932	17.19	—	$0
Nov 1995	0	2,914	16.00	—	$0
Oct 1995	170	4,034	15.43	—	$2,623
Sep 1995	0	4,167	16.18	—	$0
Aug 1995	181	3,940	15.92	—	$2,882
Jul 1995	186	3,898	15.24	—	$2,835
Jun 1995	0	4,327	16.41	—	$0
May 1995	489	4,003	17.56	—	$8,587
Apr 1995	0	3,631	17.73	—	$0
Mar 1995	175	3,734	16.44	—	$2,877
Feb 1995	0	3,325	16.58	—	$0
Jan 1995	174	3,883	15.92	—	$2,770
Dec 1994	0	4,384	15.03	—	$0
Nov 1994	375	4,657	15.90	—	$5,963
Oct 1994	0	4,975	15.58	—	$0
Sep 1994	189	4,979	15.29	—	$2,890
Aug 1994	174	4,800	16.13	—	$2,807
Jul 1994	0	4,705	17.56	—	$0
Jun 1994	187	4,001	17.09	—	$3,196
May 1994	0	4,374	15.88	—	$0
Apr 1994	173	3,969	14.14	—	$2,446
Mar 1994	344	4,319	12.46	—	$4,286
Feb 1994	0	4,076	12.50	—	$0
Jan 1994	379	4,533	12.66	—	$4,798
Dec 1993	188	4,885	12.33	—	$2,318
Nov 1993	0	5,035	14.49	—	$0
Oct 1993	183	5,254	15.85	—	$2,901
Sep 1993	183	5,152	15.03	—	$2,750
Aug 1993	0	5,194	15.66	—	$0
Jul 1993	182	5,248	15.46	—	$2,814
Jun 1993	0	4,567	16.79	—	$0
May 1993	334	5,661	17.68	—	$5,905
Apr 1993	184	5,719	18.05	—	$3,321
Mar 1993	360	5,779	18.14	—	$6,530
Feb 1993	0	5,488	17.90	—	$0
Jan 1993	184	5,952	16.93	—	$3,115

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.

Aug 2007 — as filed, then multipliedworked

Oil                   96 bbl  × $ 69.06 =     $6,630
Casinghead gas         0 Mcf  × $  6.39 =         $0

────────────────────────────────────────────────────
Month total                                   $6,630

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/24305 is the state's own key, not one this site invented.