J. J.

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

Gas lease lease 198072District 10Field 411073002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Aug 2003 – Jan 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
150
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 66 leases and 66 wells, and the rule below applies to all of them.

Discovered
1960-12-03
as the register files it
Field class
Gas
the register's own label
Between wells
3,735 ft
minimum
From a lease line
1,867 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED EFF. 4/1/93

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 Gas112004-04-22156637
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
CondensateDisposition37 bbl$3,428
GasProduction169,655 Mcf$1,139,754
Total$1,143,183

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 36.0674, -100.0555. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.06737, -100.05554 · 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
12,450 ft
1 wells filed one
Completion to plug
12.4 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 12,450 ft.

Completions filed
Aug 2003
1 of 1 wells
Plug dates filed
Jan 2016
1 of 1 wells

Last completion to plug: a median of 12.4 years across the 1 well that filed both dates, with the middle half between 12.4 years and 12.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-29532671308612,450 ftAug 2003Jan 2016Yes

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 (150)

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

150 months

Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
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 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 20120089.383.40$0
Sep 20120094.672.92$0
Aug 201237092.662.91$3,428
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 2011095284.983.65$3,473
Sep 2011022783.623.99$905
Aug 2011017983.404.15$743
Jul 2011044394.144.52$2,001
Jun 2011057092.904.64$2,645
May 2011090998.134.40$4,004
Apr 20110240105.964.33$1,040
Mar 201101,13196.364.06$4,589
Feb 201101,38985.644.18$5,806
Jan 201109286.504.59$422
Dec 2010079885.734.35$3,470
Nov 2010022080.843.80$835
Oct 201001,23278.103.51$4,323
Sep 2010081772.633.98$3,251
Aug 201001,24873.684.42$5,515
Jul 2010013072.554.74$616
Jun 201008470.364.91$412
May 2010053071.124.24$2,245
Apr 201001,31681.694.12$5,425
Mar 201001,58878.394.39$6,969
Feb 201001,55173.585.44$8,441
Jan 201001,39774.365.96$8,332
Dec 200901071.445.48$55
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 2009067642.144.06$2,744
Feb 200901,27632.814.63$5,912
Jan 2009087635.865.37$4,705
Dec 200801,26437.105.98$7,555
Nov 200801,56455.496.86$10,730
Oct 2008074875.246.92$5,178
Sep 200801,595101.767.88$12,564
Aug 200801,574114.228.48$13,352
Jul 200801,679131.0811.39$19,123
Jun 200801,614131.3313.03$21,035
May 200801,791123.1711.57$20,730
Apr 200801,532110.3110.45$16,017
Mar 200801,860101.909.66$17,975
Feb 200801,35392.538.77$11,867
Jan 200801,57390.388.21$12,908
Dec 200701,63588.337.30$11,939
Nov 200701,70891.677.29$12,454
Oct 200701,85282.856.92$12,820
Sep 200701,64075.846.24$10,240
Aug 200701,83169.066.39$11,696
Jul 200702,41270.906.39$15,408
Jun 2007015162.007.55$1,140
May 2007098758.747.85$7,744
Apr 200701,81359.617.81$14,151
Mar 200701,96756.927.30$14,363
Feb 200701,88555.108.22$15,487
Jan 200701,60750.306.73$10,810
Dec 200602,04756.656.92$14,162
Nov 200601,98254.207.62$15,098
Oct 200602,17054.906.01$13,050
Sep 200601,72160.085.04$8,669
Aug 200601,96568.717.34$14,423
Jul 200601,88969.376.34$11,981
Jun 200601,89666.286.38$12,104
May 200602,20666.016.42$14,174
Apr 200602,24764.397.36$16,539
Mar 200602,34956.707.08$16,638
Feb 200602,42657.597.75$18,804
Jan 200603,11660.598.93$27,836
Dec 200502,60554.9413.42$34,947
Nov 200501,57754.6910.59$16,698
Oct 200501,74758.3413.80$24,101
Sep 200501,81461.4512.08$21,911
Aug 200501,44761.519.80$14,176
Jul 200501,69655.697.84$13,303
Jun 200501,45852.337.38$10,762
May 200501,78745.226.65$11,886
Apr 200501,98149.207.36$14,581
Mar 200502,17850.377.15$15,583
Feb 200501,97645.226.31$12,472
Jan 200502,48243.166.32$15,692
Dec 200402,53139.866.75$17,087
Nov 200402,73145.286.33$17,288
Oct 200402,77449.706.52$18,073
Sep 200402,55043.245.28$13,474
Aug 200402,74242.375.55$15,220
Jul 200401,55738.286.08$9,473
Jun 200402,80436.106.43$18,038
May 200402,96637.486.49$19,263
Apr 200403,35034.475.86$19,626
Mar 200403,90734.365.53$21,606
Feb 200403,81532.455.51$21,019
Jan 200404,02632.036.30$25,362
Dec 200304,46130.266.30$28,112
Nov 200305,26228.804.60$24,180
Oct 200305,42228.174.76$25,807
Sep 200309,56726.314.75$45,437
Aug 200302,91229.765.13$14,938

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.

Aug 2012 — as filed, then multipliedworked
Condensate            37 bbl  × $ 92.66 =     $3,428
Gas                    0 Mcf  × $  2.91 =         $0

────────────────────────────────────────────────────
Month total                                   $3,428

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/198072 is the state's own key, not one this site invented.