FLOWERS 78

Operated by 4P ENERGY TEXAS, LLC (P-5 953803) in the ROBERTS CO. (ST. LOUIS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 265482District 10Field 773045002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Dec 2011 – Jun 2020
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
103
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 36 leases and 36 wells, and the rule below applies to all of them.

Discovered
2008-08-15
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 2009-02-10.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 01/01/2010.

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 Gas112019-05-13221827
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
CondensateDisposition8,424 bbl$687,428
GasProduction92,077 Mcf$322,896
Total$1,010,324

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 35.8682, -100.7796. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.86816, -100.77963 · 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
10,600 ft
1 wells filed one
Completion to plug
8.3 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 10,600 ft.

Completions filed
Mar 2012
1 of 1 wells
Plug dates filed
Jun 2020
1 of 1 wells

Last completion to plug: a median of 8.3 years across the 1 well that filed both dates, with the middle half between 8.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-39332403210,600 ftMar 2012Jun 2020Yes

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 (103)

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

103 months

Jun 2020129034.901.69$4,502
May 2020211016.921.81$3,570
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190755.302.75$19
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 2019014056.272.46$344
Jun 2019017152.782.49$426
May 2019019658.482.74$537
Apr 2019016562.632.75$454
Mar 2019028856.803.06$882
Feb 2019024850.852.79$692
Jan 2019031946.033.23$1,030
Dec 2018025146.594.19$1,051
Nov 201807552.934.24$318
Oct 201807561.443.40$255
Sep 2018025559.543.11$793
Aug 2018041259.403.07$1,263
Jul 2018043665.142.93$1,278
Jun 2018023760.183.08$729
May 2018028065.382.90$812
Apr 2018022563.842.90$653
Mar 2018020561.222.79$571
Feb 2018019661.782.77$542
Jan 2018010562.874.01$421
Dec 2017010557.272.92$307
Nov 2017022055.423.12$686
Oct 2017029649.292.98$883
Sep 2017037247.523.09$1,148
Aug 2017036545.373.00$1,097
Jul 2017065243.873.09$2,013
Jun 2017035642.493.09$1,099
May 2017038145.373.26$1,243
Apr 2017037147.933.21$1,192
Mar 2017041746.772.98$1,244
Feb 2017034250.452.95$1,010
Jan 2017038849.413.42$1,326
Dec 2016045048.763.72$1,675
Nov 2016042142.492.64$1,113
Oct 2016051346.193.09$1,585
Sep 2016051341.553.10$1,591
Aug 2016056541.442.92$1,652
Jul 2016060841.622.92$1,778
Jun 201602945.352.69$78
May 2016043542.521.99$866
Apr 2016038736.561.99$771
Mar 2016033933.011.79$608
Feb 2016035226.472.06$726
Jan 2016045627.352.36$1,078
Dec 2015129332.362.00$619
Nov 20151811,04338.792.17$9,282
Oct 201501,16443.552.43$2,825
Sep 20153711,37842.992.76$19,750
Aug 20151861,47140.162.87$11,695
Jul 20151891,63148.152.95$13,904
Jun 2015086656.152.88$2,497
May 201501,11255.212.96$3,286
Apr 20151911,19149.822.71$12,739
Mar 20151841,07942.892.93$11,058
Feb 20151941,13044.662.98$12,027
Jan 2015085043.433.10$2,636
Dec 201401,20154.693.59$4,313
Nov 20141741,35370.464.25$18,013
Oct 201401,31278.303.90$5,118
Sep 20141861,32186.164.05$21,370
Aug 20141781,27489.394.04$21,052
Jul 201401,93696.564.18$8,092
Jun 20141781,80898.164.74$26,037
May 20145202,17294.734.73$59,526
Apr 20143602,18195.944.81$45,027
Mar 201402,15495.895.06$10,892
Feb 201401,03597.406.19$6,409
Jan 20149812,16490.404.86$99,201
Dec 201301,79291.824.35$7,803
Nov 20133542,16488.853.74$39,543
Oct 20131851,81297.423.78$24,871
Sep 20133551,740104.113.72$43,428
Aug 201302,104104.253.52$7,412
Jul 201301,127102.523.72$4,190
Jun 20133832,00794.403.93$44,050
May 20137136,42794.834.15$94,280
Apr 20137233,62193.964.28$83,440
Mar 20131,2971,54193.623.91$127,455
Feb 2013010591.233.42$359
Jan 2013086791.603.42$2,965
Dec 201201,19586.773.42$4,087
Nov 201201,63986.953.62$5,941
Oct 201201,59889.383.40$5,433
Sep 201201,79794.672.92$5,244
Aug 201201,79292.662.91$5,211
Jul 201202,21185.133.02$6,679
Jun 201202,30779.822.52$5,811
May 201202,81791.612.49$7,010
Apr 201202,478101.652.00$4,948
Mar 201202,198105.052.22$4,884
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$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 2020 — as filed, then multipliedworked
Condensate           129 bbl  × $ 34.90 =     $4,502
Gas                    0 Mcf  × $  1.69 =         $0

────────────────────────────────────────────────────
Month total                                   $4,502

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/265482 is the state's own key, not one this site invented.