INDUSTRIAL SITE

Operated by MGE RESOURCES, INC. (P-5 563288) in the PERRYTON (ELGIN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 118132District 10Field 70743160NGPA filingCondensateGasSaveExport
Value, all time
$318 k
Jan 1993 – Nov 2011
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
227
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1985-04-16
as the register files it
Field class
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 EFFECTIVE 01/01/86.

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
CondensateDisposition441 bbl$7,891
GasProduction113,396 Mcf$309,721
Total$317,612

42,255 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 36.3977, -100.7872. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.39773, -100.78724 · 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
0.0%
0 of 1 wells
Median depth
8,950 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 8,950 ft.

Completions filed
Dec 2011
1 of 1 wells

1 well

42-3573145118,950 ftDec 2011Yes

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 (227)

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

227 months

Nov 20110095.723.31$0
Oct 201108484.983.65$306
Sep 2011026083.623.99$1,036
Aug 2011026983.404.15$1,116
Jul 201101294.144.52$54
Jun 2011027192.904.64$1,257
May 2011027298.134.40$1,198
Apr 20110288105.964.33$1,248
Mar 2011024296.364.06$982
Feb 2011022785.644.18$949
Jan 2011024086.504.59$1,101
Dec 2010023885.734.35$1,035
Nov 2010024880.843.80$941
Oct 2010028678.103.51$1,004
Sep 2010029272.633.98$1,162
Aug 2010031273.684.42$1,379
Jul 2010030772.554.74$1,454
Jun 2010029970.364.91$1,468
May 2010030471.124.24$1,288
Apr 2010027281.694.12$1,121
Mar 2010027278.394.39$1,194
Feb 2010022673.585.44$1,230
Jan 2010022774.365.96$1,354
Dec 2009024771.445.48$1,354
Nov 2009028074.593.75$1,050
Oct 2009029972.544.11$1,229
Sep 2009031265.543.06$956
Aug 2009031667.423.22$1,017
Jul 2009032661.133.46$1,129
Jun 2009032066.163.90$1,246
May 2009032554.743.93$1,276
Apr 2009031546.773.59$1,130
Mar 2009029242.144.06$1,185
Feb 2009026432.814.63$1,223
Jan 2009024735.865.37$1,327
Dec 2008025137.105.98$1,500
Nov 2008028155.496.86$1,928
Oct 2008030275.246.92$2,090
Sep 20080291101.767.88$2,292
Aug 20080315114.228.48$2,672
Jul 20080313131.0811.39$3,565
Jun 20080274131.3313.03$3,571
May 20080296123.1711.57$3,426
Apr 20080286110.3110.45$2,990
Mar 20080286101.909.66$2,764
Feb 2008026992.538.77$2,359
Jan 2008031790.388.21$2,601
Dec 2007041988.337.30$3,060
Nov 2007026091.677.29$1,896
Oct 2007035482.856.92$2,450
Sep 2007034175.846.24$2,129
Aug 2007038869.066.39$2,479
Jul 2007040070.906.39$2,555
Jun 2007012162.007.55$913
May 2007028258.747.85$2,213
Apr 2007024459.617.81$1,904
Mar 2007028656.927.30$2,088
Feb 2007022255.108.22$1,824
Jan 2007024850.306.73$1,668
Dec 2006024056.656.92$1,660
Nov 2006033154.207.62$2,521
Oct 2006027754.906.01$1,666
Sep 2006025060.085.04$1,259
Aug 2006022268.717.34$1,629
Jul 2006019669.376.34$1,243
Jun 2006022766.286.38$1,449
May 2006029866.016.42$1,915
Apr 2006029464.397.36$2,164
Mar 2006029456.707.08$2,082
Feb 2006025357.597.75$1,961
Jan 2006035660.598.93$3,180
Dec 2005025354.9413.42$3,394
Nov 2005031254.6910.59$3,304
Oct 2005037258.3413.80$5,132
Sep 2005039061.4512.08$4,711
Aug 2005039261.519.80$3,840
Jul 2005039055.697.84$3,059
Jun 2005038152.337.38$2,812
May 2005020145.226.65$1,337
Apr 2005028749.207.36$2,112
Mar 2005027750.377.15$1,982
Feb 2005024845.226.31$1,565
Jan 2005027043.166.32$1,707
Dec 2004028839.866.75$1,944
Nov 2004028545.286.33$1,804
Oct 2004028249.706.52$1,837
Sep 2004018643.245.28$983
Aug 2004035142.375.55$1,948
Jul 2004038938.286.08$2,367
Jun 2004018436.106.43$1,184
May 2004033137.486.49$2,150
Apr 2004030734.475.86$1,799
Mar 2004031434.365.53$1,736
Feb 2004028132.455.51$1,548
Jan 2004030732.036.30$1,934
Dec 2003030830.266.30$1,941
Nov 2003031328.804.60$1,438
Oct 2003032628.174.76$1,552
Sep 2003034126.314.75$1,620
Aug 2003034929.765.13$1,790
Jul 2003036129.415.17$1,867
Jun 2003034728.565.98$2,076
May 2003036126.595.97$2,156
Apr 2003034026.675.41$1,838
Mar 2003034331.146.10$2,091
Feb 2003032133.487.93$2,544
Jan 2003034930.315.58$1,948
Dec 2002035326.914.85$1,713
Nov 2002035624.664.14$1,473
Oct 2002038226.464.23$1,616
Sep 2002039927.443.64$1,450
Aug 2002040825.963.16$1,291
Jul 2002042124.583.06$1,289
Jun 2002040923.733.34$1,365
May 2002041924.663.58$1,502
Apr 2002043423.653.51$1,524
Mar 2002046022.003.10$1,427
Feb 2002040718.222.38$967
Jan 2002052417.172.38$1,245
Dec 2001039916.932.36$943
Nov 2001041918.072.41$1,008
Oct 2001056219.782.53$1,421
Sep 2001050624.262.25$1,139
Aug 2001053924.873.05$1,646
Jul 2001064923.933.20$2,075
Jun 2001060424.563.82$2,310
May 2001061725.524.31$2,658
Apr 2001058324.685.34$3,110
Mar 2001081324.545.38$4,371
Feb 2001072827.755.77$4,198
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 2000010429.304.40$457
May 20000027.263.68$0
Apr 2000080124.513.12$2,496
Mar 200001,04628.422.86$2,991
Feb 2000039027.622.73$1,063
Jan 2000024725.272.48$613
Dec 1999841,06624.282.42$4,623
Nov 1999030423.192.43$740
Oct 1999040120.982.80$1,124
Sep 1999030121.752.62$788
Aug 1999031519.262.88$906
Jul 199919235217.892.37$4,270
Jun 1999039715.942.36$938
May 1999043515.792.32$1,010
Apr 1999048915.102.21$1,080
Mar 1999045612.471.84$838
Feb 199904229.981.82$767
Jan 1999354610.381.90$1,069
Dec 199805289.201.77$936
Nov 1998048310.892.19$1,056
Oct 1998063212.421.97$1,245
Sep 1998057912.592.08$1,206
Aug 1998053111.301.91$1,013
Jul 1998048611.742.24$1,087
Jun 1998047711.242.24$1,067
May 199801,26712.622.21$2,795
Apr 1998092713.042.51$2,322
Mar 1998088912.802.31$2,053
Feb 19984360913.952.30$2,000
Jan 1998072614.702.15$1,564
Dec 199701,10316.322.41$2,659
Nov 199701,59818.193.09$4,935
Oct 1997094619.253.15$2,980
Sep 1997096117.742.95$2,840
Aug 1997088317.862.55$2,256
Jul 1997098717.582.25$2,218
Jun 199701,00917.242.26$2,278
May 199701,02418.972.31$2,364
Apr 1997095717.882.08$1,993
Mar 199701,26518.951.94$2,453
Feb 199701,13620.492.21$2,506
Jan 199701,06323.483.54$3,763
Dec 199601,16823.32$0
Nov 1996020721.97$0
Oct 1996041523.31$0
Sep 1996065622.22$0
Aug 1996042920.26$0
Jul 1996075519.55$0
Jun 1996051418.73$0
May 1996065319.43$0
Apr 199601,26521.51$0
Mar 199601,43219.38$0
Feb 199601,34516.98$0
Jan 199601,49017.07$0
Dec 199501,08117.19$0
Nov 1995071016.00$0
Oct 1995093615.43$0
Sep 1995074616.18$0
Aug 199501,02215.92$0
Jul 1995087115.24$0
Jun 1995099016.41$0
May 1995086917.56$0
Apr 1995093117.73$0
Mar 1995096116.44$0
Feb 199501,04916.58$0
Jan 199501,04115.92$0
Dec 199401,04315.03$0
Nov 199401,00915.90$0
Oct 1994881,09115.58$1,371
Sep 1994081315.29$0
Aug 199401,19416.13$0
Jul 199401,41617.56$0
Jun 1994084217.09$0
May 1994085215.88$0
Apr 1994081914.14$0
Mar 199401,01912.46$0
Feb 1994086312.50$0
Jan 1994088612.66$0
Dec 19931691012.33$197
Nov 19931586614.49$217
Oct 1993084815.85$0
Sep 1993074015.03$0
Aug 1993085015.66$0
Jul 1993087615.46$0
Jun 1993075116.79$0
May 1993064317.68$0
Apr 1993047418.05$0
Mar 1993062618.14$0
Feb 1993064217.90$0
Jan 1993064616.93$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 2011 — as filed, then multipliedworked
Condensate             0 bbl  × $ 84.98 =         $0
Gas                   84 Mcf  × $  3.65 =       $306

────────────────────────────────────────────────────
Month total                                     $306

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/118132 is the state's own key, not one this site invented.