STEELE, J. I. -B-

Operated by APACHE CORPORATION (P-5 27200) in the TWIN (MORROW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 57540District 10Field 92038666NGPA filingCondensateGasSaveExport
Value, all time
$87 k
Jan 1993 – May 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
209
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 8 leases and 19 wells, and the rule below applies to all of them.

Discovered
1954-10-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: OIL TOP 121 MER OIL UNIT 40 AC WITH 20 AC TOLL ON LAST WELL

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
CondensateDisposition404 bbl$28,443
GasProduction39,940 Mcf$58,342
Total$86,785

20,489 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 36.3199, -101.1909. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.31994, -101.19093 · 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
0.0%
0 of 1 wells
Median depth
7,212 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
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 7,212 ft.

Completions filed
Jan 2016
1 of 1 wells

1 well

42-1950092757,212 ftJan 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 (209)

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

209 months

May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 200813055.496.86$721
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 200739116770.906.39$28,789
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040132.455.51$6
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 200305426.314.75$256
Aug 200309329.765.13$477
Jul 200309029.415.17$465
Jun 200308628.565.98$515
May 2003011126.595.97$663
Apr 2003010726.675.41$579
Mar 2003013231.146.10$805
Feb 200304233.487.93$333
Jan 200302730.315.58$151
Dec 200207426.914.85$359
Nov 200209524.664.14$393
Oct 200207226.464.23$305
Sep 200205227.443.64$189
Aug 200204325.963.16$136
Jul 2002015324.583.06$468
Jun 2002011023.733.34$367
May 200209124.663.58$326
Apr 200209223.653.51$323
Mar 2002011322.003.10$351
Feb 2002010318.222.38$245
Jan 2002012817.172.38$304
Dec 2001012016.932.36$284
Nov 2001010618.072.41$255
Oct 200108919.782.53$225
Sep 2001011324.262.25$254
Aug 2001013524.873.05$412
Jul 200107923.933.20$253
Jun 2001011724.563.82$447
May 2001011225.524.31$482
Apr 2001014824.685.34$790
Mar 2001012324.545.38$661
Feb 2001015327.755.77$882
Jan 2001017427.478.40$1,461
Dec 2000016326.889.12$1,487
Nov 200008832.215.66$498
Oct 2000022531.235.15$1,158
Sep 2000022631.875.19$1,172
Aug 2000021129.644.54$958
Jul 2000013528.534.09$552
Jun 2000040329.304.40$1,772
May 2000042627.263.68$1,568
Apr 2000029124.513.12$907
Mar 2000032928.422.86$941
Feb 2000036027.622.73$982
Jan 2000039825.272.48$987
Dec 1999036224.282.42$877
Nov 1999038623.192.43$940
Oct 1999036120.982.80$1,012
Sep 1999034621.752.62$906
Aug 1999034519.262.88$992
Jul 1999037417.892.37$887
Jun 1999035615.942.36$841
May 1999035615.792.32$826
Apr 1999033615.102.21$742
Mar 1999034212.471.84$629
Feb 199903319.981.82$602
Jan 1999039010.381.90$741
Dec 199803249.201.77$575
Nov 1998035910.892.19$785
Oct 1998034912.421.97$687
Sep 1998035512.592.08$739
Aug 1998031611.301.91$603
Jul 1998035711.742.24$799
Jun 1998031111.242.24$696
May 1998041512.622.21$916
Apr 1998044213.042.51$1,107
Mar 1998041012.802.31$947
Feb 1998043713.952.30$1,005
Jan 1998036014.702.15$776
Dec 1997038416.322.41$926
Nov 1997033718.193.09$1,041
Oct 1997040819.253.15$1,285
Sep 1997029217.742.95$863
Aug 1997031717.862.55$810
Jul 1997024317.582.25$546
Jun 1997027817.242.26$628
May 1997033118.972.31$764
Apr 1997036217.882.08$754
Mar 1997035118.951.94$681
Feb 1997031320.492.21$690
Jan 1997035523.483.54$1,257
Dec 1996037023.32$0
Nov 1996036321.97$0
Oct 1996037623.31$0
Sep 1996037122.22$0
Aug 1996033420.26$0
Jul 1996035219.55$0
Jun 1996035718.73$0
May 1996036619.43$0
Apr 1996038621.51$0
Mar 1996038819.38$0
Feb 1996036216.98$0
Jan 1996040717.07$0
Dec 1995034617.19$0
Nov 1995034516.00$0
Oct 1995038015.43$0
Sep 1995032316.18$0
Aug 1995038215.92$0
Jul 1995038015.24$0
Jun 1995037316.41$0
May 1995052017.56$0
Apr 1995073417.73$0
Mar 1995096116.44$0
Feb 199501,06516.58$0
Jan 1995075815.92$0
Dec 1994049215.03$0
Nov 1994042215.90$0
Oct 1994047315.58$0
Sep 1994046115.29$0
Aug 1994054616.13$0
Jul 1994054117.56$0
Jun 1994052217.09$0
May 1994037315.88$0
Apr 1994035014.14$0
Mar 1994037312.46$0
Feb 1994017212.50$0
Jan 1994024012.66$0
Dec 1993037912.33$0
Nov 1993028814.49$0
Oct 1993035015.85$0
Sep 1993034515.03$0
Aug 1993025515.66$0
Jul 1993039415.46$0
Jun 1993035216.79$0
May 1993048817.68$0
Apr 1993046718.05$0
Mar 1993043418.14$0
Feb 1993029017.90$0
Jan 1993048316.93$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 2008 — as filed, then multipliedworked
Condensate            13 bbl  × $ 55.49 =       $721
Gas                    0 Mcf  × $  6.86 =         $0

────────────────────────────────────────────────────
Month total                                     $721

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/57540 is the state's own key, not one this site invented.