GLASS

Operated by PANTERA ENERGY COMPANY (P-5 638486) in the PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 24875District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$162 k
Jan 1993 – Oct 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
250
no gaps in the span
Streams
1
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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY SUSPENDED.

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
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
GasProduction46,957 Mcf$162,479
Total$162,479

13,136 Mcf of this lease's gas, across 48 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 35.6942, -101.5133. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.69418, -101.51328 · 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
2,576 ft
1 wells filed one
Completion to plug
no well filed both dates

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 2,576 ft.

Plug dates filed
Oct 2013
1 of 1 wells

1 well

42-2330760312,576 ftOct 2013Yes

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 (250)

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

250 months

Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009166.163.90$4
May 20095354.743.93$208
Apr 20098846.773.59$316
Mar 200911742.144.06$475
Feb 200912832.814.63$593
Jan 200914435.865.37$773
Dec 200813337.105.98$795
Nov 200812855.496.86$878
Oct 20089175.246.92$630
Sep 2008115101.767.88$906
Aug 200853114.228.48$450
Jul 200846131.0811.39$524
Jun 200837131.3313.03$482
May 200839123.1711.57$451
Apr 200840110.3110.45$418
Mar 2008114101.909.66$1,102
Feb 20089092.538.77$789
Jan 200810290.388.21$837
Dec 200712688.337.30$920
Nov 20079291.677.29$671
Oct 200721282.856.92$1,467
Sep 200717275.846.24$1,074
Aug 200717069.066.39$1,086
Jul 200716970.906.39$1,080
Jun 200714862.007.55$1,117
May 200720558.747.85$1,608
Apr 200710159.617.81$788
Mar 200713456.927.30$978
Feb 200718055.108.22$1,479
Jan 200721150.306.73$1,419
Dec 200620356.656.92$1,404
Nov 200619154.207.62$1,455
Oct 200621954.906.01$1,317
Sep 200622860.085.04$1,148
Aug 200623468.717.34$1,718
Jul 200622569.376.34$1,427
Jun 200616666.286.38$1,060
May 200616166.016.42$1,034
Apr 200615664.397.36$1,148
Mar 200611556.707.08$815
Feb 200618257.597.75$1,411
Jan 200616260.598.93$1,447
Dec 20059854.9413.42$1,315
Nov 20056254.6910.59$656
Oct 200521658.3413.80$2,980
Sep 20058561.4512.08$1,027
Aug 200517461.519.80$1,705
Jul 200521355.697.84$1,671
Jun 200519752.337.38$1,454
May 200519645.226.65$1,304
Apr 200522649.207.36$1,663
Mar 200525450.377.15$1,817
Feb 200524645.226.31$1,553
Jan 200514443.166.32$910
Dec 200429739.866.75$2,005
Nov 200422545.286.33$1,424
Oct 200423449.706.52$1,525
Sep 200430943.245.28$1,633
Aug 200430242.375.55$1,676
Jul 200430238.286.08$1,837
Jun 200425936.106.43$1,666
May 200429037.486.49$1,883
Apr 200419034.475.86$1,113
Mar 200429034.365.53$1,604
Feb 200436432.455.51$2,006
Jan 200438532.036.30$2,425
Dec 200336530.266.30$2,300
Nov 200338028.804.60$1,746
Oct 200337528.174.76$1,785
Sep 200337526.314.75$1,781
Aug 200334529.765.13$1,770
Jul 200330029.415.17$1,551
Jun 200333028.565.98$1,974
May 200338026.595.97$2,270
Apr 200324026.675.41$1,298
Mar 200339031.146.10$2,377
Feb 200329033.487.93$2,299
Jan 200329030.315.58$1,619
Dec 200231026.914.85$1,505
Nov 200225624.664.14$1,059
Oct 200228026.464.23$1,184
Sep 200238027.443.64$1,381
Aug 200227025.963.16$854
Jul 200231024.583.06$949
Jun 200227023.733.34$901
May 200219524.663.58$699
Apr 200223023.653.51$808
Mar 200232022.003.10$993
Feb 200231018.222.38$736
Jan 200221317.172.38$506
Dec 200122716.932.36$537
Nov 200119218.072.41$462
Oct 200120719.782.53$523
Sep 200137524.262.25$844
Aug 200145324.873.05$1,383
Jul 200141923.933.20$1,340
Jun 200138024.563.82$1,453
May 200132525.524.31$1,400
Apr 200123424.685.34$1,248
Mar 200129824.545.38$1,602
Feb 200125427.755.77$1,465
Jan 200128027.478.40$2,352
Dec 200019426.889.12$1,770
Nov 200016632.215.66$939
Oct 200014231.235.15$731
Sep 200031931.875.19$1,654
Aug 200034029.644.54$1,544
Jul 200062128.534.09$2,540
Jun 200025429.304.40$1,117
May 200047627.263.68$1,752
Apr 200054724.513.12$1,704
Mar 200053128.422.86$1,519
Feb 200057227.622.73$1,560
Jan 200079625.272.48$1,974
Dec 199958424.282.42$1,415
Nov 199956023.192.43$1,363
Oct 199964120.982.80$1,797
Sep 199921321.752.62$558
Aug 199962619.262.88$1,800
Jul 199958017.892.37$1,376
Jun 199955715.942.36$1,316
May 199939615.792.32$919
Apr 1999015.102.21$0
Mar 199956312.471.84$1,035
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 1998012.592.08$0
Aug 1998011.301.91$0
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 19983113.042.51$78
Mar 199811312.802.31$261
Feb 19984613.952.30$106
Jan 19989914.702.15$213
Dec 19979916.322.41$239
Nov 19974418.193.09$136
Oct 19974819.253.15$151
Sep 199710617.742.95$313
Aug 19979417.862.55$240
Jul 199714617.582.25$328
Jun 199715817.242.26$357
May 19979318.972.31$215
Apr 199715717.882.08$327
Mar 199716318.951.94$316
Feb 199723920.492.21$527
Jan 199722023.483.54$779
Dec 199626323.32$0
Nov 199625321.97$0
Oct 199628923.31$0
Sep 199628222.22$0
Aug 199626820.26$0
Jul 199622919.55$0
Jun 199626818.73$0
May 199629119.43$0
Apr 199628121.51$0
Mar 199622019.38$0
Feb 199623416.98$0
Jan 199626817.07$0
Dec 199518617.19$0
Nov 199520916.00$0
Oct 199524315.43$0
Sep 199526416.18$0
Aug 199528015.92$0
Jul 199530015.24$0
Jun 199523316.41$0
May 199518617.56$0
Apr 199527617.73$0
Mar 199529616.44$0
Feb 199524916.58$0
Jan 199525015.92$0
Dec 199426715.03$0
Nov 199425915.90$0
Oct 199429215.58$0
Sep 199426815.29$0
Aug 199427416.13$0
Jul 199425117.56$0
Jun 199422917.09$0
May 199415215.88$0
Apr 199428214.14$0
Mar 199430712.46$0
Feb 199428312.50$0
Jan 199432412.66$0
Dec 199329312.33$0
Nov 199330614.49$0
Oct 199331015.85$0
Sep 199327915.03$0
Aug 199328015.66$0
Jul 199331215.46$0
Jun 199327516.79$0
May 199330617.68$0
Apr 199336618.05$0
Mar 199341318.14$0
Feb 199335517.90$0
Jan 199333516.93$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.

Jun 2009 — as filed, then multipliedworked
Gas                    1 Mcf  × $  3.90 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/24875 is the state's own key, not one this site invented.