WRIGHT

Operated by NEWTON CORP.,THE (P-5 608609) in the LIPSCOMB (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148082District 10Field 538692702 tax incentive programmesGasSaveExport
Value, all time
$20 k
Dec 1993 – Oct 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
155
no gaps in the span
Streams
1
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 1,389 leases and 1,486 wells, and the rule below applies to all of them.

Discovered
1958-05-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: FIELD

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 Gas111994-05-23130067
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
GasProduction19,594 Mcf$19,876
Total$19,876

13,107 Mcf of this lease's gas, across 36 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 36.2319, -100.2382. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.23191, -100.23825 · 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
11,500 ft
1 wells filed one
Completion to plug
12.8 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 11,500 ft.

Completions filed
Dec 1993
1 of 1 wells
Plug dates filed
Oct 2006
1 of 1 wells

Last completion to plug: a median of 12.8 years across the 1 well that filed both dates, with the middle half between 12.8 years and 12.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-29530955111,500 ftDec 1993Oct 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 (155)

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

155 months

Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003430.266.30$25
Nov 2003428.804.60$18
Oct 2003828.174.76$38
Sep 20036026.314.75$285
Aug 20035229.765.13$267
Jul 20034029.415.17$207
Jun 20033828.565.98$227
May 20035826.595.97$346
Apr 20036226.675.41$335
Mar 20036231.146.10$378
Feb 20033633.487.93$285
Jan 20035130.315.58$285
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 20021024.583.06$31
Jun 20021023.733.34$33
May 20021524.663.58$54
Apr 20021723.653.51$60
Mar 20021722.003.10$53
Feb 20022718.222.38$64
Jan 20022517.172.38$59
Dec 20012716.932.36$64
Nov 20012618.072.41$63
Oct 20012519.782.53$63
Sep 20012524.262.25$56
Aug 20012024.873.05$61
Jul 20012023.933.20$64
Jun 20016124.563.82$233
May 20016125.524.31$263
Apr 20016024.685.34$320
Mar 20017524.545.38$403
Feb 20015627.755.77$323
Jan 20017427.478.40$622
Dec 20004526.889.12$411
Nov 20004532.215.66$255
Oct 20005731.235.15$293
Sep 20009031.875.19$467
Aug 20008929.644.54$404
Jul 200014228.534.09$581
Jun 20008929.304.40$391
May 20006227.263.68$228
Apr 20006524.513.12$203
Mar 20009528.422.86$272
Feb 200011527.622.73$314
Jan 20008425.272.48$208
Dec 19999924.282.42$240
Nov 19999923.192.43$241
Oct 19998820.982.80$247
Sep 19999921.752.62$259
Aug 19998419.262.88$242
Jul 19998917.892.37$211
Jun 19998915.942.36$210
May 199911015.792.32$255
Apr 199911515.102.21$254
Mar 19998512.471.84$156
Feb 1999899.981.82$162
Jan 199913610.381.90$258
Dec 19981499.201.77$264
Nov 19989910.892.19$216
Oct 19987312.421.97$144
Sep 19987812.592.08$162
Aug 1998011.301.91$0
Jul 199820311.742.24$454
Jun 199815911.242.24$356
May 199815012.622.21$331
Apr 199815313.042.51$383
Mar 199816112.802.31$372
Feb 199813613.952.30$313
Jan 199816414.702.15$353
Dec 199711416.322.41$275
Nov 19977818.193.09$241
Oct 199711319.253.15$356
Sep 19978917.742.95$263
Aug 199710717.862.55$273
Jul 199710817.582.25$243
Jun 199712217.242.26$275
May 199712518.972.31$289
Apr 199716917.882.08$352
Mar 199727118.951.94$526
Feb 199719320.492.21$426
Jan 199718723.483.54$662
Dec 199623523.32$0
Nov 199620721.97$0
Oct 199621223.31$0
Sep 199624022.22$0
Aug 199627620.26$0
Jul 199634219.55$0
Jun 199636718.73$0
May 199639019.43$0
Apr 199642021.51$0
Mar 199640819.38$0
Feb 199635316.98$0
Jan 199638117.07$0
Dec 199536517.19$0
Nov 199538316.00$0
Oct 199539415.43$0
Sep 199542016.18$0
Aug 199548315.92$0
Jul 199555915.24$0
Jun 199550716.41$0
May 199590717.56$0
Apr 199541817.73$0
Mar 199516216.44$0
Feb 199518916.58$0
Jan 199534715.92$0
Dec 199426515.03$0
Nov 199423315.90$0
Oct 199426215.58$0
Sep 199430715.29$0
Aug 199426516.13$0
Jul 199442317.56$0
Jun 199444817.09$0
May 199440615.88$0
Apr 199439914.14$0
Mar 199433512.46$0
Feb 199442912.50$0
Jan 199437012.66$0
Dec 1993012.33$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.

Dec 2003 — as filed, then multipliedworked
Gas                    4 Mcf  × $  6.30 =        $25

────────────────────────────────────────────────────
Month total                                      $25

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/148082 is the state's own key, not one this site invented.