STUART RANCH

Operated by WILLIFORD ENERGY COMPANY (P-5 926560) in the MAGOUN N.E. (MORROW MIDDLE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 115383District 10Field 56791500NGPA filingCondensateGasSaveExport
Value, all time
$207 k
Jan 1993 – Jul 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
163
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1984-12-26
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1987-02-23.

The Commission's schedule remark for this field reads: REVIEW HEARING JULY 1988.

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
NGPA1none

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
CondensateDisposition67 bbl$883
GasProduction188,521 Mcf$206,063
Total$206,946

116,857 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 36.3890, -100.0067. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.38896, -100.00675 · 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
9,400 ft
1 wells filed one
Completion to plug
21.6 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 9,400 ft.

Completions filed
Dec 1984
1 of 1 wells
Plug dates filed
Jul 2006
1 of 1 wells

Last completion to plug: a median of 21.6 years across the 1 well that filed both dates, with the middle half between 21.6 years and 21.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2953150019,400 ftDec 1984Jul 2006Yes

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 (163)

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

163 months

Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 200402736.106.43$174
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 2004013332.036.30$838
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030328.565.98$18
May 20030526.595.97$30
Apr 20030726.675.41$38
Mar 200302131.146.10$128
Feb 2003015733.487.93$1,244
Jan 200301,06030.315.58$5,917
Dec 2002082526.914.85$4,004
Nov 2002058424.664.14$2,416
Oct 2002056626.464.23$2,394
Sep 2002030627.443.64$1,112
Aug 2002034725.963.16$1,098
Jul 2002017624.583.06$539
Jun 2002026223.733.34$875
May 2002028324.663.58$1,014
Apr 2002030523.653.51$1,071
Mar 2002031422.003.10$974
Feb 2002040618.222.38$965
Jan 2002045117.172.38$1,071
Dec 2001045516.932.36$1,076
Nov 2001043418.072.41$1,044
Oct 2001045619.782.53$1,153
Sep 2001042924.262.25$966
Aug 2001046024.873.05$1,404
Jul 2001047123.933.20$1,506
Jun 2001050124.563.82$1,916
May 2001044825.524.31$1,930
Apr 2001037324.685.34$1,990
Mar 2001018524.545.38$995
Feb 2001019927.755.77$1,148
Jan 2001033127.478.40$2,780
Dec 2000076826.889.12$7,006
Nov 200001,10732.215.66$6,263
Oct 2000038731.235.15$1,991
Sep 200005231.875.19$270
Aug 2000057729.644.54$2,620
Jul 2000069328.534.09$2,834
Jun 2000064829.304.40$2,849
May 200001,06827.263.68$3,930
Apr 200001,08124.513.12$3,368
Mar 200001,29928.422.86$3,715
Feb 2000080927.622.73$2,206
Jan 2000080025.272.48$1,984
Dec 199901,42124.282.42$3,444
Nov 199901,62323.192.43$3,950
Oct 199901,63120.982.80$4,573
Sep 199901,09721.752.62$2,873
Aug 199901,01419.262.88$2,916
Jul 1999024917.892.37$591
Jun 1999017615.942.36$416
May 199901,33515.792.32$3,099
Apr 199901,45915.102.21$3,222
Mar 1999098812.471.84$1,816
Feb 199901,0069.981.82$1,829
Jan 1999099210.381.90$1,885
Dec 199801,1249.201.77$1,993
Nov 1998088810.892.19$1,941
Oct 1998093112.421.97$1,833
Sep 199801,81912.592.08$3,788
Aug 199801,70411.301.91$3,250
Jul 199801,54911.742.24$3,466
Jun 1998087311.242.24$1,953
May 199801,03812.622.21$2,290
Apr 199801,48213.042.51$3,713
Mar 19985253412.802.31$1,899
Feb 1998073913.952.30$1,699
Jan 1998099214.702.15$2,138
Dec 199701,45416.322.41$3,506
Nov 199701,52518.193.09$4,710
Oct 199701,59019.253.15$5,008
Sep 199701,64317.742.95$4,855
Aug 199701,65317.862.55$4,223
Jul 199701,89717.582.25$4,262
Jun 199702,21017.242.26$4,988
May 199701,71418.972.31$3,957
Apr 199702,52817.882.08$5,265
Mar 199702,56918.951.94$4,982
Feb 199702,64020.492.21$5,824
Jan 199703,30823.483.54$11,709
Dec 199604,32623.32$0
Nov 199602,82821.97$0
Oct 1996070823.31$0
Sep 1996072122.22$0
Aug 1996051020.26$0
Jul 1996061219.55$0
Jun 199601,06818.73$0
May 1996077919.43$0
Apr 1996028921.51$0
Mar 1996040719.38$0
Feb 1996067216.98$0
Jan 1996051917.07$0
Dec 199503,56417.19$0
Nov 199501,78016.00$0
Oct 199502,49715.43$0
Sep 199501,98316.18$0
Aug 199502,78615.92$0
Jul 199503,90115.24$0
Jun 199504,26216.41$0
May 199502,10117.56$0
Apr 199502,89017.73$0
Mar 199502,98716.44$0
Feb 199503,44316.58$0
Jan 199504,33715.92$0
Dec 199401,94615.03$0
Nov 199401,59415.90$0
Oct 1994082015.58$0
Sep 199401,27415.29$0
Aug 199401,01516.13$0
Jul 199402,72017.56$0
Jun 199403,73717.09$0
May 199403,98515.88$0
Apr 199403,54814.14$0
Mar 199403,95612.46$0
Feb 199403,19412.50$0
Jan 199404,39312.66$0
Dec 199301,37712.33$0
Nov 1993155,26514.49$217
Oct 199306,96715.85$0
Sep 199302,39115.03$0
Aug 199302,42815.66$0
Jul 199301,77115.46$0
Jun 199302,59516.79$0
May 199302,43917.68$0
Apr 199302,54818.05$0
Mar 199303,08018.14$0
Feb 199302,35517.90$0
Jan 199301,48916.93$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 2004 — as filed, then multipliedworked
Condensate             0 bbl  × $ 36.10 =         $0
Gas                   27 Mcf  × $  6.43 =       $174

────────────────────────────────────────────────────
Month total                                     $174

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. 10/G/115383 is the state's own key, not one this site invented.