MORSE -65-

Operated by OILWELL OPERATORS, INC. (P-5 621040) in the PANHANDLE, EAST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 26468District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$220 k
Jan 1993 – Feb 2015
Value, last 12 filed months
$34
at the published price for each month
Months reported
266
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 2,114 leases and 2,114 wells, and the rule below applies to all of them.

Discovered
1935-12-10
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 1989-05-01.

The Commission's schedule remark for this field reads: 67% ACRES X SIWP + (PLUS) 33% DELIVERABILITY

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
GasProduction59,211 Mcf$219,641
Total$219,641

13,792 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 35.3886, -100.6146. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.38859, -100.61462 · 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
2,240 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 2,240 ft.

Plug dates filed
Feb 2015
1 of 1 wells

1 well

42-1790100712,240 ftFeb 2015Yes

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 (266)

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

266 months

Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014870.464.25$34
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 201410697.406.19$656
Jan 201414290.404.86$690
Dec 201310591.824.35$457
Nov 20139488.853.74$351
Oct 201311997.423.78$450
Sep 2013113104.113.72$420
Aug 2013126104.253.52$444
Jul 2013102102.523.72$379
Jun 201316694.403.93$653
May 201317094.834.15$705
Apr 201314693.964.28$625
Mar 201317593.623.91$685
Feb 201313491.233.42$458
Jan 201316991.603.42$578
Dec 201216286.773.42$554
Nov 201216186.953.62$584
Oct 201218589.383.40$629
Sep 201218894.672.92$549
Aug 201219292.662.91$558
Jul 201217385.133.02$523
Jun 201217979.822.52$451
May 201214991.612.49$371
Apr 2012179101.652.00$357
Mar 2012183105.052.22$407
Feb 2012184101.102.57$473
Jan 201220298.092.73$552
Dec 201120396.873.24$658
Nov 201119995.723.31$659
Oct 201121884.983.65$795
Sep 201121383.623.99$849
Aug 201120683.404.15$855
Jul 201122794.144.52$1,025
Jun 201111592.904.64$534
May 201124398.134.40$1,070
Apr 201188105.964.33$381
Mar 201122496.364.06$909
Feb 201121085.644.18$878
Jan 201126786.504.59$1,225
Dec 201031185.734.35$1,352
Nov 2010080.843.80$0
Oct 20106678.103.51$232
Sep 201022172.633.98$879
Aug 201014573.684.42$641
Jul 201014072.554.74$663
Jun 201017270.364.91$845
May 201015371.124.24$648
Apr 201020581.694.12$845
Mar 201020878.394.39$913
Feb 201018973.585.44$1,029
Jan 201022374.365.96$1,330
Dec 200918271.445.48$998
Nov 200921674.593.75$810
Oct 200929072.544.11$1,192
Sep 200921665.543.06$662
Aug 200922367.423.22$718
Jul 200920461.133.46$707
Jun 200919866.163.90$771
May 200922854.743.93$895
Apr 200925546.773.59$915
Mar 200922942.144.06$930
Feb 200918532.814.63$857
Jan 200924735.865.37$1,327
Dec 200824137.105.98$1,440
Nov 200823455.496.86$1,605
Oct 200824775.246.92$1,710
Sep 2008231101.767.88$1,820
Aug 2008184114.228.48$1,561
Jul 2008212131.0811.39$2,415
Jun 2008234131.3313.03$3,050
May 2008189123.1711.57$2,188
Apr 2008219110.3110.45$2,290
Mar 2008215101.909.66$2,078
Feb 200820992.538.77$1,833
Jan 200823390.388.21$1,912
Dec 200723588.337.30$1,716
Nov 200722491.677.29$1,633
Oct 200724382.856.92$1,682
Sep 200723075.846.24$1,436
Aug 200723469.066.39$1,495
Jul 200723870.906.39$1,520
Jun 200723562.007.55$1,774
May 200724658.747.85$1,930
Apr 200722259.617.81$1,733
Mar 200721456.927.30$1,563
Feb 200723955.108.22$1,964
Jan 200727150.306.73$1,823
Dec 200628856.656.92$1,993
Nov 200620654.207.62$1,569
Oct 200621354.906.01$1,281
Sep 200619860.085.04$997
Aug 200621568.717.34$1,578
Jul 200621669.376.34$1,370
Jun 200620466.286.38$1,302
May 200623266.016.42$1,491
Apr 200618764.397.36$1,376
Mar 200622156.707.08$1,565
Feb 200623957.597.75$1,853
Jan 200622460.598.93$2,001
Dec 200527654.9413.42$3,703
Nov 200522754.6910.59$2,404
Oct 200525858.3413.80$3,559
Sep 20058061.4512.08$966
Aug 200522661.519.80$2,214
Jul 200522855.697.84$1,788
Jun 200514352.337.38$1,055
May 200522145.226.65$1,470
Apr 200521749.207.36$1,597
Mar 200519250.377.15$1,374
Feb 200516645.226.31$1,048
Jan 200522343.166.32$1,410
Dec 200422839.866.75$1,539
Nov 200422145.286.33$1,399
Oct 200423649.706.52$1,538
Sep 200420543.245.28$1,083
Aug 200420742.375.55$1,149
Jul 200424438.286.08$1,485
Jun 200424736.106.43$1,589
May 200424537.486.49$1,591
Apr 200424334.475.86$1,424
Mar 200424134.365.53$1,333
Feb 200424232.455.51$1,333
Jan 200427432.036.30$1,726
Dec 200328330.266.30$1,783
Nov 200327628.804.60$1,268
Oct 200324728.174.76$1,176
Sep 200326726.314.75$1,268
Aug 200327629.765.13$1,416
Jul 200327929.415.17$1,443
Jun 200327328.565.98$1,633
May 200329926.595.97$1,786
Apr 200318526.675.41$1,000
Mar 200326031.146.10$1,585
Feb 200326533.487.93$2,100
Jan 200329330.315.58$1,636
Dec 200233826.914.85$1,641
Nov 200224424.664.14$1,009
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 200213724.583.06$419
Jun 200223323.733.34$778
May 200227724.663.58$993
Apr 200226223.653.51$920
Mar 200225122.003.10$779
Feb 200222418.222.38$532
Jan 200226117.172.38$620
Dec 200126716.932.36$631
Nov 200127818.072.41$669
Oct 200128619.782.53$723
Sep 200126124.262.25$588
Aug 200124924.873.05$760
Jul 200125223.933.20$806
Jun 200125524.563.82$975
May 200125525.524.31$1,098
Apr 200119524.685.34$1,040
Mar 200124724.545.38$1,328
Feb 200122327.755.77$1,286
Jan 200124327.478.40$2,041
Dec 200027226.889.12$2,481
Nov 200025632.215.66$1,448
Oct 200027331.235.15$1,405
Sep 200026231.875.19$1,359
Aug 200026029.644.54$1,181
Jul 200025328.534.09$1,035
Jun 200026129.304.40$1,148
May 200025227.263.68$927
Apr 200026224.513.12$816
Mar 200027328.422.86$781
Feb 200025327.622.73$690
Jan 200026625.272.48$660
Dec 199928324.282.42$686
Nov 199927923.192.43$679
Oct 199929320.982.80$821
Sep 199925321.752.62$663
Aug 199928019.262.88$805
Jul 199921617.892.37$512
Jun 199921615.942.36$510
May 199922515.792.32$522
Apr 199927315.102.21$603
Mar 199929012.471.84$533
Feb 19991989.981.82$360
Jan 199922910.381.90$435
Dec 19982909.201.77$514
Nov 199829610.892.19$647
Oct 199813912.421.97$274
Sep 199818612.592.08$387
Aug 199826511.301.91$505
Jul 199826711.742.24$597
Jun 199825411.242.24$568
May 199823712.622.21$523
Apr 199822913.042.51$574
Mar 199825812.802.31$596
Feb 199823313.952.30$536
Jan 199826014.702.15$560
Dec 199727616.322.41$665
Nov 199725518.193.09$788
Oct 199731019.253.15$976
Sep 199729617.742.95$875
Aug 199732717.862.55$835
Jul 199730717.582.25$690
Jun 199724517.242.26$553
May 199723018.972.31$531
Apr 199728417.882.08$592
Mar 199722418.951.94$434
Feb 199727620.492.21$609
Jan 199731323.483.54$1,108
Dec 199632923.32$0
Nov 199630921.97$0
Oct 199630423.31$0
Sep 199627722.22$0
Aug 199629220.26$0
Jul 199629619.55$0
Jun 199625418.73$0
May 199629319.43$0
Apr 199629321.51$0
Mar 199630719.38$0
Feb 199623216.98$0
Jan 199628917.07$0
Dec 199532217.19$0
Nov 199529316.00$0
Oct 199529915.43$0
Sep 199527916.18$0
Aug 199518015.92$0
Jul 199514115.24$0
Jun 199526016.41$0
May 199529017.56$0
Apr 199529917.73$0
Mar 199530016.44$0
Feb 199526616.58$0
Jan 199529915.92$0
Dec 199430015.03$0
Nov 199430215.90$0
Oct 199430215.58$0
Sep 199429215.29$0
Aug 199432016.13$0
Jul 199430817.56$0
Jun 199428417.09$0
May 199426615.88$0
Apr 199431514.14$0
Mar 199430312.46$0
Feb 199429212.50$0
Jan 199434512.66$0
Dec 199334712.33$0
Nov 199334514.49$0
Oct 199336415.85$0
Sep 199324715.03$0
Aug 199320515.66$0
Jul 199326615.46$0
Jun 199326716.79$0
May 199328717.68$0
Apr 199335518.05$0
Mar 199311618.14$0
Feb 199331617.90$0
Jan 199334516.93$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.

Nov 2014 — as filed, then multipliedworked
Gas                    8 Mcf  × $  4.25 =        $34

────────────────────────────────────────────────────
Month total                                      $34

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/26468 is the state's own key, not one this site invented.