MUSTANG

Name: MUSTANG lease production and value, Sep 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by STATOIL OIL & GAS LP (P-5 816432) in the URSCHEL RANCH (MORROW, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 166966District 10Field 92793250GasSave Export

Value, all time

$5.2 M

Sep 1997 – Oct 2014

Value, last 12 filed months

at the published price for each month

Months reported

206

no gaps in the span

Streams

gas

The URSCHEL RANCH (MORROW, LOWER) field

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

1997-09-05

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 1999-12-07.

The Commission's schedule remark for this field reads: “PER DOC. 10-0222929 TEMPORARY RULES MADE PERMANENT EFF. 12-7-99.”

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.

Stream	Basis	Volume	Value
Gas	Production	1,722,807 Mcf	$5,167,343
Total			$5,167,343

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 35.9540, -100.3066. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.95396, -100.30658 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

16,700 ft

1 wells filed one

Completion to plug

17.1 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 16,700 ft.

Completions filed

Sep 1997

1 of 1 wells

Plug dates filed

Oct 2014

1 of 1 wells

Last completion to plug: a median of 17.1 years across the 1 well that filed both dates, with the middle half between 17.1 years and 17.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21132174	1	16,700 ft	Sep 1997	Oct 2014	Yes

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 (206)

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

206 months


Oct 2014	0	78.30	3.90	$0
Sep 2014	0	86.16	4.05	$0
Aug 2014	0	89.39	4.04	$0
Jul 2014	0	96.56	4.18	$0
Jun 2014	0	98.16	4.74	$0
May 2014	0	94.73	4.73	$0
Apr 2014	0	95.94	4.81	$0
Mar 2014	0	95.89	5.06	$0
Feb 2014	0	97.40	6.19	$0
Jan 2014	0	90.40	4.86	$0
Dec 2013	0	91.82	4.35	$0
Nov 2013	0	88.85	3.74	$0
Oct 2013	0	97.42	3.78	$0
Sep 2013	0	104.11	3.72	$0
Aug 2013	0	104.25	3.52	$0
Jul 2013	0	102.52	3.72	$0
Jun 2013	0	94.40	3.93	$0
May 2013	0	94.83	4.15	$0
Apr 2013	0	93.96	4.28	$0
Mar 2013	0	93.62	3.91	$0
Feb 2013	0	91.23	3.42	$0
Jan 2013	0	91.60	3.42	$0
Dec 2012	0	86.77	3.42	$0
Nov 2012	0	86.95	3.62	$0
Oct 2012	0	89.38	3.40	$0
Sep 2012	0	94.67	2.92	$0
Aug 2012	0	92.66	2.91	$0
Jul 2012	0	85.13	3.02	$0
Jun 2012	0	79.82	2.52	$0
May 2012	0	91.61	2.49	$0
Apr 2012	0	101.65	2.00	$0
Mar 2012	0	105.05	2.22	$0
Feb 2012	0	101.10	2.57	$0
Jan 2012	0	98.09	2.73	$0
Dec 2011	0	96.87	3.24	$0
Nov 2011	0	95.72	3.31	$0
Oct 2011	0	84.98	3.65	$0
Sep 2011	0	83.62	3.99	$0
Aug 2011	0	83.40	4.15	$0
Jul 2011	0	94.14	4.52	$0
Jun 2011	0	92.90	4.64	$0
May 2011	0	98.13	4.40	$0
Apr 2011	0	105.96	4.33	$0
Mar 2011	0	96.36	4.06	$0
Feb 2011	0	85.64	4.18	$0
Jan 2011	0	86.50	4.59	$0
Dec 2010	0	85.73	4.35	$0
Nov 2010	0	80.84	3.80	$0
Oct 2010	0	78.10	3.51	$0
Sep 2010	0	72.63	3.98	$0
Aug 2010	0	73.68	4.42	$0
Jul 2010	0	72.55	4.74	$0
Jun 2010	0	70.36	4.91	$0
May 2010	0	71.12	4.24	$0
Apr 2010	0	81.69	4.12	$0
Mar 2010	0	78.39	4.39	$0
Feb 2010	0	73.58	5.44	$0
Jan 2010	0	74.36	5.96	$0
Dec 2009	0	71.44	5.48	$0
Nov 2009	0	74.59	3.75	$0
Oct 2009	0	72.54	4.11	$0
Sep 2009	0	65.54	3.06	$0
Aug 2009	0	67.42	3.22	$0
Jul 2009	0	61.13	3.46	$0
Jun 2009	0	66.16	3.90	$0
May 2009	0	54.74	3.93	$0
Apr 2009	0	46.77	3.59	$0
Mar 2009	0	42.14	4.06	$0
Feb 2009	0	32.81	4.63	$0
Jan 2009	0	35.86	5.37	$0
Dec 2008	0	37.10	5.98	$0
Nov 2008	0	55.49	6.86	$0
Oct 2008	0	75.24	6.92	$0
Sep 2008	0	101.76	7.88	$0
Aug 2008	0	114.22	8.48	$0
Jul 2008	0	131.08	11.39	$0
Jun 2008	0	131.33	13.03	$0
May 2008	0	123.17	11.57	$0
Apr 2008	0	110.31	10.45	$0
Mar 2008	0	101.90	9.66	$0
Feb 2008	0	92.53	8.77	$0
Jan 2008	0	90.38	8.21	$0
Dec 2007	0	88.33	7.30	$0
Nov 2007	0	91.67	7.29	$0
Oct 2007	0	82.85	6.92	$0
Sep 2007	0	75.84	6.24	$0
Aug 2007	0	69.06	6.39	$0
Jul 2007	0	70.90	6.39	$0
Jun 2007	0	62.00	7.55	$0
May 2007	0	58.74	7.85	$0
Apr 2007	0	59.61	7.81	$0
Mar 2007	0	56.92	7.30	$0
Feb 2007	0	55.10	8.22	$0
Jan 2007	0	50.30	6.73	$0
Dec 2006	0	56.65	6.92	$0
Nov 2006	0	54.20	7.62	$0
Oct 2006	0	54.90	6.01	$0
Sep 2006	0	60.08	5.04	$0
Aug 2006	0	68.71	7.34	$0
Jul 2006	0	69.37	6.34	$0
Jun 2006	0	66.28	6.38	$0
May 2006	0	66.01	6.42	$0
Apr 2006	0	64.39	7.36	$0
Mar 2006	0	56.70	7.08	$0
Feb 2006	0	57.59	7.75	$0
Jan 2006	0	60.59	8.93	$0
Dec 2005	0	54.94	13.42	$0
Nov 2005	0	54.69	10.59	$0
Oct 2005	0	58.34	13.80	$0
Sep 2005	0	61.45	12.08	$0
Aug 2005	0	61.51	9.80	$0
Jul 2005	0	55.69	7.84	$0
Jun 2005	132	52.33	7.38	$974
May 2005	0	45.22	6.65	$0
Apr 2005	20	49.20	7.36	$147
Mar 2005	0	50.37	7.15	$0
Feb 2005	19	45.22	6.31	$120
Jan 2005	503	43.16	6.32	$3,180
Dec 2004	567	39.86	6.75	$3,828
Nov 2004	396	45.28	6.33	$2,507
Oct 2004	426	49.70	6.52	$2,775
Sep 2004	409	43.24	5.28	$2,161
Aug 2004	400	42.37	5.55	$2,220
Jul 2004	357	38.28	6.08	$2,172
Jun 2004	359	36.10	6.43	$2,309
May 2004	844	37.48	6.49	$5,481
Apr 2004	343	34.47	5.86	$2,009
Mar 2004	917	34.36	5.53	$5,071
Feb 2004	2,432	32.45	5.51	$13,399
Jan 2004	2,270	32.03	6.30	$14,300
Dec 2003	2,381	30.26	6.30	$15,004
Nov 2003	1,687	28.80	4.60	$7,752
Oct 2003	1,740	28.17	4.76	$8,282
Sep 2003	2,129	26.31	4.75	$10,111
Aug 2003	2,220	29.76	5.13	$11,388
Jul 2003	2,554	29.41	5.17	$13,206
Jun 2003	3,731	28.56	5.98	$22,322
May 2003	4,235	26.59	5.97	$25,294
Apr 2003	4,239	26.67	5.41	$22,921
Mar 2003	3,226	31.14	6.10	$19,666
Feb 2003	4,421	33.48	7.93	$35,040
Jan 2003	4,472	30.31	5.58	$24,963
Dec 2002	2,463	26.91	4.85	$11,955
Nov 2002	3,161	24.66	4.14	$13,077
Oct 2002	2,791	26.46	4.23	$11,803
Sep 2002	4,072	27.44	3.64	$14,803
Aug 2002	2,393	25.96	3.16	$7,572
Jul 2002	2,268	24.58	3.06	$6,944
Jun 2002	2,748	23.73	3.34	$9,173
May 2002	3,171	24.66	3.58	$11,365
Apr 2002	7,132	23.65	3.51	$25,050
Mar 2002	2,343	22.00	3.10	$7,270
Feb 2002	2,624	18.22	2.38	$6,234
Jan 2002	4,346	17.17	2.38	$10,325
Dec 2001	2,938	16.93	2.36	$6,947
Nov 2001	12,803	18.07	2.41	$30,798
Oct 2001	6,924	19.78	2.53	$17,510
Sep 2001	2,585	24.26	2.25	$5,820
Aug 2001	13,246	24.87	3.05	$40,442
Jul 2001	14,185	23.93	3.20	$45,351
Jun 2001	15,308	24.56	3.82	$58,540
May 2001	13,317	25.52	4.31	$57,361
Apr 2001	10,718	24.68	5.34	$57,184
Mar 2001	7,189	24.54	5.38	$38,651
Feb 2001	11,448	27.75	5.77	$66,022
Jan 2001	8,976	27.47	8.40	$75,387
Dec 2000	16,689	26.88	9.12	$152,245
Nov 2000	19,779	32.21	5.66	$111,910
Oct 2000	21,566	31.23	5.15	$110,968
Sep 2000	27,009	31.87	5.19	$140,082
Aug 2000	40,404	29.64	4.54	$183,464
Jul 2000	26,161	28.53	4.09	$106,992
Jun 2000	25,588	29.30	4.40	$112,517
May 2000	30,334	27.26	3.68	$111,622
Apr 2000	29,747	24.51	3.12	$92,692
Mar 2000	32,344	28.42	2.86	$92,496
Feb 2000	30,876	27.62	2.73	$84,183
Jan 2000	34,099	25.27	2.48	$84,583
Dec 1999	28,125	24.28	2.42	$68,167
Nov 1999	37,120	23.19	2.43	$90,350
Oct 1999	35,802	20.98	2.80	$100,378
Sep 1999	36,488	21.75	2.62	$95,557
Aug 1999	37,572	19.26	2.88	$108,042
Jul 1999	41,158	17.89	2.37	$97,642
Jun 1999	41,023	15.94	2.36	$96,900
May 1999	39,916	15.79	2.32	$92,646
Apr 1999	45,226	15.10	2.21	$99,861
Mar 1999	54,545	12.47	1.84	$100,272
Feb 1999	44,674	9.98	1.82	$81,208
Jan 1999	28,860	10.38	1.90	$54,833
Dec 1998	22,939	9.20	1.77	$40,678
Nov 1998	54,545	10.89	2.19	$119,220
Oct 1998	45,146	12.42	1.97	$88,902
Sep 1998	4,129	12.59	2.08	$8,599
Aug 1998	4,205	11.30	1.91	$8,020
Jul 1998	3,006	11.74	2.24	$6,725
Jun 1998	19,600	11.24	2.24	$43,850
May 1998	68,230	12.62	2.21	$150,539
Apr 1998	63,094	13.04	2.51	$158,071
Mar 1998	37,589	12.80	2.31	$86,810
Feb 1998	43,613	13.95	2.30	$100,272
Jan 1998	40,211	14.70	2.15	$86,646
Dec 1997	79,324	16.32	2.41	$191,258
Nov 1997	83,004	18.19	3.09	$256,338
Oct 1997	85,045	19.25	3.15	$267,876
Sep 1997	57,444	17.74	2.95	$169,740

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 2005 — as filed, then multipliedworked

Gas                  132 Mcf  × $  7.38 =       $974

────────────────────────────────────────────────────
Month total                                     $974

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/166966 is the state's own key, not one this site invented.