JUDICE

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

Gas lease lease 246067District 10Field 687351202 tax incentive programmesCondensateGasSaveExport
Value, all time
$313 k
Jan 2009 – Aug 2016
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
92
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 965 leases and 1,339 wells, and the rule below applies to all of them.

Discovered
1974-03-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 2011-04-18.

The Commission's schedule remark for this field reads: PRORATION ACRES PLATS ARE REQUIRED.

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 Gas112009-05-04191293
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
CondensateDisposition818 bbl$64,697
GasProduction62,173 Mcf$248,702
Total$313,399

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 36.1956, -100.8319. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.19556, -100.83188 · 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
8,750 ft
1 wells filed one
Completion to plug
7.1 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 8,750 ft.

Completions filed
Jan 2009
1 of 1 wells
Plug dates filed
Feb 2016
1 of 1 wells

Last completion to plug: a median of 7.1 years across the 1 well that filed both dates, with the middle half between 7.1 years and 7.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3573111468,750 ftJan 2009Feb 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 (92)

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

92 months

Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016113033.011.79$3,730
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150432.362.00$8
Nov 20150038.792.17$0
Oct 201503143.552.43$75
Sep 20150442.992.76$11
Aug 201503140.162.87$89
Jul 201503148.152.95$91
Jun 201504156.152.88$118
May 201503155.212.96$92
Apr 201503049.822.71$81
Mar 201509142.892.93$267
Feb 201509344.662.98$277
Jan 201507843.433.10$242
Dec 2014024954.693.59$894
Nov 201417729570.464.25$13,726
Oct 2014026378.303.90$1,026
Sep 2014027786.164.05$1,121
Aug 2014036689.394.04$1,477
Jul 2014053296.564.18$2,224
Jun 2014064498.164.74$3,051
May 2014073594.734.73$3,474
Apr 2014072895.944.81$3,501
Mar 201409095.895.06$455
Feb 2014018297.406.19$1,127
Jan 2014017790.404.86$860
Dec 2013045691.824.35$1,986
Nov 201317656088.853.74$17,731
Oct 2013059897.423.78$2,260
Sep 20130613104.113.72$2,279
Aug 20130374104.253.52$1,317
Jul 20130642102.523.72$2,387
Jun 2013057794.403.93$2,270
May 2013061894.834.15$2,564
Apr 2013049593.964.28$2,120
Mar 2013072493.623.91$2,833
Feb 2013067091.233.42$2,291
Jan 2013076891.603.42$2,626
Dec 2012051886.773.42$1,772
Nov 2012072986.953.62$2,643
Oct 201216565589.383.40$16,974
Sep 2012076094.672.92$2,218
Aug 2012077792.662.91$2,260
Jul 2012077885.133.02$2,350
Jun 2012075279.822.52$1,894
May 2012075391.612.49$1,874
Apr 20120805101.652.00$1,607
Mar 20120832105.052.22$1,849
Feb 20120828101.102.57$2,128
Jan 2012090898.092.73$2,483
Dec 2011095596.873.24$3,094
Nov 201101,28395.723.31$4,248
Oct 201101,23384.983.65$4,499
Sep 201101,02483.623.99$4,081
Aug 201101,16683.404.15$4,838
Jul 201101,69194.144.52$7,639
Jun 201101,02792.904.64$4,765
May 20111781,38298.134.40$23,555
Apr 201101,030105.964.33$4,463
Mar 2011093796.364.06$3,802
Feb 201101,48185.644.18$6,191
Jan 201101,99986.504.59$9,173
Dec 201001,96185.734.35$8,526
Nov 201001,61380.843.80$6,122
Oct 201001,27078.103.51$4,456
Sep 201001,24372.633.98$4,946
Aug 2010096473.684.42$4,260
Jul 2010091272.554.74$4,320
Jun 201001,30770.364.91$6,418
May 201001,15771.124.24$4,900
Apr 201001,30281.694.12$5,368
Mar 201001,01678.394.39$4,459
Feb 201001,28573.585.44$6,993
Jan 201001,40374.365.96$8,368
Dec 200991,28571.445.48$7,690
Nov 200901,10674.593.75$4,149
Oct 200901,12072.544.11$4,603
Sep 2009079465.543.06$2,433
Aug 2009087867.423.22$2,826
Jul 2009058561.133.46$2,027
Jun 2009091766.163.90$3,572
May 2009091354.743.93$3,584
Apr 2009047946.773.59$1,718
Mar 2009072842.144.06$2,955
Feb 2009083132.814.63$3,850
Jan 2009070335.865.37$3,776

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 2016 — as filed, then multipliedworked
Condensate           113 bbl  × $ 33.01 =     $3,730
Gas                    0 Mcf  × $  1.79 =         $0

────────────────────────────────────────────────────
Month total                                   $3,730

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/246067 is the state's own key, not one this site invented.