INGLE

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

Gas lease lease 150959District 10Field 628632502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Aug 1994 – Sep 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
242
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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered
1994-11-21
as the register files it
Field class
Gas
the register's own label
Between wells
2,500 ft
minimum
From a lease line
1,250 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1994-11-21.

The Commission's schedule remark for this field reads: O/G/D # 10-0212088-MADE TEMP. RULES PERMANENT EFF. 6/11/96.

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 Gas112004-02-27155450
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
CondensateDisposition2,486 bbl$49,505
GasProduction1,658,299 Mcf$1,591,381
Total$1,640,886

1,237,163 Mcf of this lease's gas, across 29 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 36.3651, -100.0298. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.36513, -100.02978 · 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
9,650 ft
1 wells filed one
Completion to plug
20.1 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 9,650 ft.

Completions filed
Aug 1994
1 of 1 wells
Plug dates filed
Sep 2014
1 of 1 wells

Last completion to plug: a median of 20.1 years across the 1 well that filed both dates, with the middle half between 20.1 years and 20.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2953218429,650 ftAug 1994Sep 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 (242)

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

242 months

Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
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 2013057893.623.91$2,262
Feb 2013071291.233.42$2,435
Jan 2013090591.603.42$3,095
Dec 2012084186.773.42$2,876
Nov 2012088486.953.62$3,204
Oct 2012095389.383.40$3,240
Sep 201201,00894.672.92$2,942
Aug 201201,30192.662.91$3,784
Jul 2012088185.133.02$2,661
Jun 2012088979.822.52$2,239
May 201201,00391.612.49$2,496
Apr 20120712101.652.00$1,422
Mar 201201,113105.052.22$2,473
Feb 20120858101.102.57$2,205
Jan 201201,06698.092.73$2,915
Dec 2011083096.873.24$2,689
Nov 201101,26595.723.31$4,189
Oct 2011097384.983.65$3,550
Sep 2011098083.623.99$3,906
Aug 2011097083.404.15$4,025
Jul 201101,02394.144.52$4,621
Jun 201101,23192.904.64$5,712
May 201101,61098.134.40$7,092
Apr 201101,576105.964.33$6,829
Mar 201101,78296.364.06$7,230
Feb 201101,41185.644.18$5,898
Jan 201101,47686.504.59$6,773
Dec 201001,48485.734.35$6,452
Nov 201001,35780.843.80$5,150
Oct 201001,83978.103.51$6,453
Sep 201001,25372.633.98$4,986
Aug 201001,69873.684.42$7,504
Jul 201001,97872.554.74$9,369
Jun 201001,60370.364.91$7,871
May 201002,39271.124.24$10,131
Apr 201002,80981.694.12$11,581
Mar 201002,24778.394.39$9,861
Feb 2010086273.585.44$4,691
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 200905261.133.46$180
Jun 2009098466.163.90$3,833
May 200917290754.743.93$12,976
Apr 2009058046.773.59$2,081
Mar 2009035642.144.06$1,445
Feb 2009055632.814.63$2,576
Jan 200901,01535.865.37$5,452
Dec 2008068637.105.98$4,100
Nov 2008036255.496.86$2,483
Oct 2008074675.246.92$5,164
Sep 20080271101.767.88$2,135
Aug 20080334114.228.48$2,833
Jul 20080186131.0811.39$2,118
Jun 20080301131.3313.03$3,923
May 20080468123.1711.57$5,417
Apr 20080872110.3110.45$9,117
Mar 20080209101.909.66$2,020
Feb 2008029792.538.77$2,605
Jan 2008038590.388.21$3,159
Dec 2007071988.337.30$5,250
Nov 2007080491.677.29$5,863
Oct 200701,02982.856.92$7,123
Sep 200701,16275.846.24$7,256
Aug 2007044869.066.39$2,862
Jul 2007019870.906.39$1,265
Jun 2007067862.007.55$5,118
May 2007061058.747.85$4,786
Apr 2007058159.617.81$4,535
Mar 2007040056.927.30$2,921
Feb 200701,02655.108.22$8,430
Jan 200701,39050.306.73$9,350
Dec 200601,39856.656.92$9,672
Nov 200601,66454.207.62$12,675
Oct 200601,66954.906.01$10,037
Sep 200601,81160.085.04$9,122
Aug 200601,77968.717.34$13,058
Jul 200601,79969.376.34$11,411
Jun 200601,97666.286.38$12,615
May 200602,28666.016.42$14,688
Apr 2006058664.397.36$4,313
Mar 2006059656.707.08$4,221
Feb 2006070557.597.75$5,465
Jan 2006065560.598.93$5,851
Dec 200502,42554.9413.42$32,532
Nov 200501,81354.6910.59$19,197
Oct 200501,33458.3413.80$18,404
Sep 2005098861.4512.08$11,934
Aug 200501,03761.519.80$10,159
Jul 2005085055.697.84$6,667
Jun 2005069252.337.38$5,108
May 2005083745.226.65$5,567
Apr 2005078549.207.36$5,778
Mar 200501,17850.377.15$8,428
Feb 200501,09245.226.31$6,893
Jan 200501,45643.166.32$9,205
Dec 200401,37139.866.75$9,256
Nov 200401,52645.286.33$9,660
Oct 200401,33449.706.52$8,691
Sep 200401,19443.245.28$6,309
Aug 200401,37342.375.55$7,621
Jul 200401,48738.286.08$9,047
Jun 200401,56336.106.43$10,055
May 200401,58537.486.49$10,294
Apr 200401,75334.475.86$10,270
Mar 200401,54834.365.53$8,561
Feb 200401,69132.455.51$9,317
Jan 200401,94832.036.30$12,272
Dec 200301,80630.266.30$11,381
Nov 200301,76928.804.60$8,129
Oct 200302,19928.174.76$10,466
Sep 200302,10626.314.75$10,002
Aug 200302,33829.765.13$11,993
Jul 200302,44529.415.17$12,643
Jun 200302,68128.565.98$16,040
May 2003741,69526.595.97$12,091
Apr 200302,57526.675.41$13,924
Mar 200301,92431.146.10$11,729
Feb 200301,89533.487.93$15,020
Jan 200302,49330.315.58$13,916
Dec 200202,32826.914.85$11,300
Nov 200202,67924.664.14$11,083
Oct 200203,14826.464.23$13,313
Sep 200201,22627.443.64$4,457
Aug 200201,67725.963.16$5,306
Jul 200201,48924.583.06$4,559
Jun 200201,14123.733.34$3,809
May 200201,13524.663.58$4,068
Apr 200201,19423.653.51$4,194
Mar 200201,25122.003.10$3,882
Feb 200201,17518.222.38$2,791
Jan 200201,37017.172.38$3,255
Dec 200101,36516.932.36$3,227
Nov 200101,17918.072.41$2,836
Oct 200101,35719.782.53$3,432
Sep 200101,28424.262.25$2,891
Aug 200101,40624.873.05$4,293
Jul 200101,37823.933.20$4,406
Jun 200101,46424.563.82$5,599
May 200101,56225.524.31$6,728
Apr 200102,14924.685.34$11,466
Mar 200101,62824.545.38$8,753
Feb 200101,65027.755.77$9,516
Jan 200102,16227.478.40$18,158
Dec 200001,07926.889.12$9,843
Nov 200001,76232.215.66$9,969
Oct 200001,92431.235.15$9,900
Sep 200001,87831.875.19$9,740
Aug 200001,95229.644.54$8,864
Jul 20001082,01528.534.09$11,322
Jun 200001,94329.304.40$8,544
May 200002,13627.263.68$7,860
Apr 200002,18424.513.12$6,805
Mar 200002,53528.422.86$7,249
Feb 200002,05927.622.73$5,614
Jan 200002,61025.272.48$6,474
Dec 199903,39524.282.42$8,229
Nov 199902,88123.192.43$7,012
Oct 199902,95720.982.80$8,291
Sep 199903,30521.752.62$8,655
Aug 199903,67519.262.88$10,568
Jul 199904,08617.892.37$9,694
Jun 199903,98215.942.36$9,406
May 199904,59715.792.32$10,670
Apr 199904,52415.102.21$9,989
Mar 199904,55312.471.84$8,370
Feb 199904,1219.981.82$7,491
Jan 199903,47110.381.90$6,595
Dec 199805,1989.201.77$9,218
Nov 199805,43110.892.19$11,871
Oct 199805,56312.421.97$10,955
Sep 199805,32712.592.08$11,094
Aug 199806,11411.301.91$11,662
Jul 199806,15311.742.24$13,766
Jun 199804,96311.242.24$11,104
May 199805,81312.622.21$12,825
Apr 199807,39113.042.51$18,517
Mar 199807,04412.802.31$16,268
Feb 199807,47813.952.30$17,193
Jan 199808,14214.702.15$17,544
Dec 199709,03316.322.41$21,779
Nov 199709,71318.193.09$29,996
Oct 199706,12419.253.15$19,290
Sep 199705,85317.742.95$17,295
Aug 199706,25617.862.55$15,982
Jul 199707,09717.582.25$15,947
Jun 199707,32417.242.26$16,532
May 199707,83318.972.31$18,082
Apr 19971908,23617.882.08$20,551
Mar 199708,73018.951.94$16,929
Feb 199708,96920.492.21$19,785
Jan 1997010,65523.483.54$37,716
Dec 1996011,75123.32$0
Nov 1996012,18321.97$0
Oct 1996013,78223.31$0
Sep 1996014,53022.22$0
Aug 1996017,33420.26$0
Jul 1996016,59219.55$0
Jun 1996018,67118.73$0
May 199618710,41519.43$3,633
Apr 1996016,15521.51$0
Mar 1996021,76019.38$0
Feb 1996023,89016.98$0
Jan 1996023,83417.07$0
Dec 199520027,84917.19$3,438
Nov 1995030,82216.00$0
Oct 1995035,08915.43$0
Sep 1995033,71016.18$0
Aug 1995031,86615.92$0
Jul 199519445,11615.24$2,957
Jun 1995047,95116.41$0
May 199519954,55417.56$3,494
Apr 1995057,79817.73$0
Mar 199519765,88716.44$3,239
Feb 1995067,43816.58$0
Jan 199519385,30415.92$3,073
Dec 199419393,92915.03$2,901
Nov 19940104,26815.90$0
Oct 1994193111,05115.58$3,007
Sep 1994386111,56615.29$5,902
Aug 1994032,06816.13$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.

Mar 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 93.62 =         $0
Gas                  578 Mcf  × $  3.91 =     $2,262

────────────────────────────────────────────────────
Month total                                   $2,262

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/150959 is the state's own key, not one this site invented.