PRATER

Operated by MEWBOURNE OIL COMPANY (P-5 562560) in the BUFFALO WALLOW (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 213501District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Dec 2005 – May 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
114
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 1,387 leases and 1,388 wells, and the rule below applies to all of them.

Discovered
1974-09-09
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 20 acres. The field rule took effect on 2016-03-29.

The Commission's schedule remark for this field reads: 01-30-2024

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 Gas112006-08-15168657
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
CondensateDisposition3,502 bbl$258,347
GasProduction345,777 Mcf$2,305,463
Total$2,563,809

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 35.7052, -100.3521. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.70523, -100.35211 · 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
12,900 ft
1 wells filed one
Completion to plug
8.7 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 12,900 ft.

Completions filed
Dec 2005
1 of 1 wells
Plug dates filed
Aug 2014
1 of 1 wells

Last completion to plug: a median of 8.7 years across the 1 well that filed both dates, with the middle half between 8.7 years and 8.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21133418212,900 ftDec 2005Aug 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 (114)

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

114 months

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 2014131495.895.06$1,317
Feb 20141197.406.19$104
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20137888.853.74$652
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201344104.253.52$431
Jul 2013107118102.523.72$11,408
Jun 201393094.403.93$968
May 201313194.834.15$223
Apr 201353093.964.28$598
Mar 2013121993.623.91$1,198
Feb 20134191.233.42$368
Jan 20131191.603.42$95
Dec 20120086.773.42$0
Nov 2012423386.953.62$1,192
Oct 2012129689.383.40$1,096
Sep 2012115994.672.92$559
Aug 201205492.662.91$157
Jul 201212885.133.02$170
Jun 20120079.822.52$0
May 201201391.612.49$32
Apr 201211,106101.652.00$2,310
Mar 201241,044105.052.22$2,740
Feb 201271,165101.102.57$3,702
Jan 201231,42398.092.73$4,185
Dec 201181,22996.873.24$4,757
Nov 2011311,54995.723.31$8,096
Oct 2011291,39984.983.65$7,569
Sep 2011501,12083.623.99$8,645
Aug 20111791,53383.404.15$21,290
Jul 2011111,23094.144.52$6,592
Jun 2011121,65492.904.64$8,789
May 201161,57698.134.40$7,531
Apr 201121,864105.964.33$8,289
Mar 2011172,05696.364.06$9,980
Feb 20111287385.644.18$4,677
Jan 2011392,03986.504.59$12,730
Dec 2010342,08685.734.35$11,984
Nov 2010321,96780.843.80$10,052
Oct 2010252,09978.103.51$9,318
Sep 2010152,11672.633.98$9,510
Aug 2010152,08973.684.42$10,337
Jul 2010162,16972.554.74$11,434
Jun 2010382,02270.364.91$12,603
May 2010412,16571.124.24$12,085
Apr 2010191,89781.694.12$9,373
Mar 2010322,22978.394.39$12,291
Feb 2010222,34473.585.44$14,376
Jan 2010312,66674.365.96$18,205
Dec 20092402,49771.445.48$30,839
Nov 2009412,33474.593.75$11,814
Oct 2009232,56872.544.11$12,224
Sep 2009312,93965.543.06$11,039
Aug 2009122,93567.423.22$10,255
Jul 2009252,83861.133.46$11,361
Jun 2009142,72866.163.90$11,552
May 2009122,98554.743.93$12,375
Apr 20091932,90846.773.59$19,459
Mar 2009122,83042.144.06$11,993
Feb 200992,81432.814.63$13,333
Jan 200913,03735.865.37$16,348
Dec 200803,58437.105.98$21,422
Nov 200803,41855.496.86$23,449
Oct 2008161,76975.246.92$13,449
Sep 2008733,107101.767.88$31,903
Aug 2008323,276114.228.48$31,445
Jul 2008323,775131.0811.39$47,190
Jun 20081953,415131.3313.03$70,116
May 200863,851123.1711.57$45,312
Apr 2008104,010110.3110.45$43,027
Mar 200804,023101.909.66$38,879
Feb 2008143,97092.538.77$36,115
Jan 200834,16790.388.21$34,464
Dec 200734,10388.337.30$30,225
Nov 200724,10091.677.29$30,079
Oct 200724,30282.856.92$29,944
Sep 200724,40075.846.24$27,626
Aug 20071804,70069.066.39$42,454
Jul 200794,82570.906.39$31,460
Jun 200754,90062.007.55$37,297
May 200735,84858.747.85$46,061
Apr 20072215,15559.617.81$53,410
Mar 2007196,51256.927.30$48,632
Feb 200776,04655.108.22$50,060
Jan 200787,02350.306.73$47,645
Dec 2006457,48156.656.92$54,306
Nov 20062187,67454.207.62$70,272
Oct 200616410,35254.906.01$71,258
Sep 2006857,43560.085.04$42,558
Aug 2006910,02168.717.34$74,172
Jul 20061311,88869.376.34$76,305
Jun 200620213,01266.286.38$96,456
May 200620716,23466.016.42$117,968
Apr 20061518,22064.397.36$135,074
Mar 200618716,28356.707.08$125,934
Feb 2006020,72457.597.75$160,634
Jan 2006018,84260.598.93$168,322
Dec 2005017054.9413.42$2,281

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 2014 — as filed, then multipliedworked
Condensate            13 bbl  × $ 95.89 =     $1,247
Gas                   14 Mcf  × $  5.06 =        $71

────────────────────────────────────────────────────
Month total                                   $1,317

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/213501 is the state's own key, not one this site invented.