BORN

Operated by STRAT LAND EXPLORATION COMPANY (P-5 825420) in the MAGOUN, S. (MORROW LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 147802District 10Field 567932502 tax incentive programmesCondensateGasSaveExport
Value, all time
$559 k
Sep 1993 – Feb 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
246
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1979-05-23
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 SUSPENDED EFF. 8/1/93

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
High Cost Gas112004-02-11155318
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
CondensateDisposition156 bbl$6,441
GasProduction142,563 Mcf$552,975
Total$559,416

34,892 Mcf of this lease's gas, across 37 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 36.3770, -100.0290. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.37696, -100.02902 · 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
9,560 ft
1 wells filed one
Completion to plug
20.2 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 9,560 ft.

Completions filed
Dec 1993
1 of 1 wells
Plug dates filed
Feb 2014
1 of 1 wells

Last completion to plug: a median of 20.2 years across the 1 well that filed both dates, with the middle half between 20.2 years and 20.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2953213919,560 ftDec 1993Feb 2014Yes

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 (246)

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

246 months

Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012013989.383.40$473
Sep 201205094.672.92$146
Aug 20120092.662.91$0
Jul 201205585.133.02$166
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 2012024101.102.57$62
Jan 20120098.092.73$0
Dec 2011021896.873.24$706
Nov 2011057295.723.31$1,894
Oct 2011060384.983.65$2,200
Sep 2011067083.623.99$2,670
Aug 2011060183.404.15$2,494
Jul 2011059594.144.52$2,688
Jun 2011057292.904.64$2,654
May 2011056398.134.40$2,480
Apr 20110505105.964.33$2,188
Mar 2011069296.364.06$2,808
Feb 2011043285.644.18$1,806
Jan 2011050886.504.59$2,331
Dec 2010034885.734.35$1,513
Nov 2010067880.843.80$2,573
Oct 2010061778.103.51$2,165
Sep 2010061672.633.98$2,451
Aug 2010032773.684.42$1,445
Jul 2010050772.554.74$2,401
Jun 2010048870.364.91$2,396
May 2010069971.124.24$2,960
Apr 2010062581.694.12$2,577
Mar 2010051078.394.39$2,238
Feb 2010014873.585.44$805
Jan 2010036674.365.96$2,183
Dec 2009042671.445.48$2,336
Nov 2009036274.593.75$1,358
Oct 2009040172.544.11$1,648
Sep 2009037365.543.06$1,143
Aug 2009047567.423.22$1,529
Jul 2009035461.133.46$1,226
Jun 2009028766.163.90$1,118
May 20098230754.743.93$5,694
Apr 2009048346.773.59$1,733
Mar 2009031642.144.06$1,283
Feb 2009029632.814.63$1,371
Jan 2009046935.865.37$2,519
Dec 2008042937.105.98$2,564
Nov 2008041155.496.86$2,820
Oct 2008066275.246.92$4,582
Sep 20080374101.767.88$2,946
Aug 20080378114.228.48$3,207
Jul 20080571131.0811.39$6,503
Jun 20080384131.3313.03$5,005
May 20080725123.1711.57$8,391
Apr 20080335110.3110.45$3,502
Mar 2008019101.909.66$184
Feb 2008022692.538.77$1,982
Jan 2008057390.388.21$4,702
Dec 2007060788.337.30$4,432
Nov 2007051391.677.29$3,741
Oct 2007062982.856.92$4,354
Sep 2007058475.846.24$3,647
Aug 2007050769.066.39$3,239
Jul 2007068870.906.39$4,395
Jun 2007053262.007.55$4,016
May 2007049158.747.85$3,853
Apr 2007065859.617.81$5,136
Mar 2007032856.927.30$2,395
Feb 2007014855.108.22$1,216
Jan 2007071850.306.73$4,830
Dec 2006072156.656.92$4,988
Nov 2006071554.207.62$5,447
Oct 2006079154.906.01$4,757
Sep 2006071660.085.04$3,607
Aug 2006077868.717.34$5,710
Jul 2006077069.376.34$4,884
Jun 2006066866.286.38$4,264
May 2006076666.016.42$4,922
Apr 2006073664.397.36$5,417
Mar 2006078856.707.08$5,581
Feb 2006075157.597.75$5,821
Jan 2006072560.598.93$6,477
Dec 2005075954.9413.42$10,182
Nov 2005075154.6910.59$7,952
Oct 2005075558.3413.80$10,416
Sep 2005074261.4512.08$8,963
Aug 2005077161.519.80$7,553
Jul 2005083555.697.84$6,549
Jun 2005074252.337.38$5,477
May 2005076745.226.65$5,101
Apr 2005073849.207.36$5,432
Mar 2005077450.377.15$5,538
Feb 2005070145.226.31$4,425
Jan 2005081643.166.32$5,159
Dec 2004085339.866.75$5,759
Nov 2004075345.286.33$4,767
Oct 2004081449.706.52$5,303
Sep 2004075543.245.28$3,989
Aug 2004079942.375.55$4,435
Jul 2004080538.286.08$4,898
Jun 2004075136.106.43$4,831
May 2004082737.486.49$5,371
Apr 2004081134.475.86$4,751
Mar 2004083234.365.53$4,601
Feb 2004070632.455.51$3,890
Jan 2004074932.036.30$4,718
Dec 2003075530.266.30$4,758
Nov 2003076628.804.60$3,520
Oct 2003083828.174.76$3,989
Sep 2003079526.314.75$3,776
Aug 2003078829.765.13$4,042
Jul 2003082129.415.17$4,245
Jun 2003083628.565.98$5,002
May 2003082626.595.97$4,933
Apr 2003079626.675.41$4,304
Mar 2003077031.146.10$4,694
Feb 2003063533.487.93$5,033
Jan 2003077330.315.58$4,315
Dec 2002077826.914.85$3,776
Nov 2002078424.664.14$3,243
Oct 2002084026.464.23$3,552
Sep 2002086727.443.64$3,152
Aug 2002092925.963.16$2,940
Jul 2002080224.583.06$2,456
Jun 2002078823.733.34$2,631
May 2002084624.663.58$3,032
Apr 2002034723.653.51$1,219
Mar 2002049722.003.10$1,542
Feb 2002058618.222.38$1,392
Jan 2002055117.172.38$1,309
Dec 2001059016.932.36$1,395
Nov 2001071418.072.41$1,718
Oct 2001050819.782.53$1,285
Sep 2001048624.262.25$1,094
Aug 2001053424.873.05$1,630
Jul 2001054923.933.20$1,755
Jun 2001040224.563.82$1,537
May 2001045825.524.31$1,973
Apr 2001065324.685.34$3,484
Mar 2001060624.545.38$3,258
Feb 2001055727.755.77$3,212
Jan 2001065227.478.40$5,476
Dec 2000071026.889.12$6,477
Nov 2000058932.215.66$3,333
Oct 2000067331.235.15$3,463
Sep 2000039631.875.19$2,054
Aug 2000042229.644.54$1,916
Jul 20006052028.534.09$3,838
Jun 2000059629.304.40$2,621
May 2000045427.263.68$1,671
Apr 2000044624.513.12$1,390
Mar 2000047028.422.86$1,344
Feb 2000045427.622.73$1,238
Jan 2000049125.272.48$1,218
Dec 1999048624.282.42$1,178
Nov 1999050923.192.43$1,239
Oct 1999060120.982.80$1,685
Sep 1999068021.752.62$1,781
Aug 1999070419.262.88$2,024
Jul 1999042417.892.37$1,006
Jun 1999051115.942.36$1,207
May 1999051315.792.32$1,191
Apr 1999053815.102.21$1,188
Mar 1999056112.471.84$1,031
Feb 199904639.981.82$842
Jan 1999066610.381.90$1,265
Dec 199807039.201.77$1,247
Nov 1998063810.892.19$1,394
Oct 1998057312.421.97$1,128
Sep 1998056512.592.08$1,177
Aug 1998046111.301.91$879
Jul 1998074011.742.24$1,656
Jun 1998041311.242.24$924
May 1998045712.622.21$1,008
Apr 1998060313.042.51$1,511
Mar 1998066012.802.31$1,524
Feb 1998051013.952.30$1,173
Jan 1998060214.702.15$1,297
Dec 1997071916.322.41$1,734
Nov 1997049018.193.09$1,513
Oct 1997050119.253.15$1,578
Sep 1997051017.742.95$1,507
Aug 1997064917.862.55$1,658
Jul 1997080217.582.25$1,802
Jun 1997056017.242.26$1,264
May 1997072218.972.31$1,667
Apr 1997044917.882.08$935
Mar 1997043318.951.94$840
Feb 1997052820.492.21$1,165
Jan 1997048523.483.54$1,717
Dec 1996052023.32$0
Nov 1996062821.97$0
Oct 1996056123.31$0
Sep 1996054722.22$0
Aug 1996027520.26$0
Jul 1996070219.55$0
Jun 1996061718.73$0
May 1996076619.43$0
Apr 1996087121.51$0
Mar 1996038919.38$0
Feb 1996038616.98$0
Jan 1996060517.07$0
Dec 19951457017.19$241
Nov 1995077616.00$0
Oct 1995092015.43$0
Sep 1995071316.18$0
Aug 1995084315.92$0
Jul 1995070015.24$0
Jun 1995070516.41$0
May 1995085417.56$0
Apr 1995092517.73$0
Mar 1995083816.44$0
Feb 1995084516.58$0
Jan 199501,10315.92$0
Dec 199401,12515.03$0
Nov 199401,18215.90$0
Oct 199401,16415.58$0
Sep 199401,09715.29$0
Aug 1994097016.13$0
Jul 199401,22617.56$0
Jun 199401,35817.09$0
May 199401,46015.88$0
Apr 199401,46614.14$0
Mar 199401,63912.46$0
Feb 199401,15712.50$0
Jan 199401,85412.66$0
Dec 199302,53512.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$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 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.38 =         $0
Gas                  139 Mcf  × $  3.40 =       $473

────────────────────────────────────────────────────
Month total                                     $473

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/147802 is the state's own key, not one this site invented.