MARVELOUS BEGINNING

Operated by ESSMAN ENERGY, LLC (P-5 254435) in the PARSELL (MORROW, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 66468District 10Field 69427830CondensateGasSaveExport
Value, all time
$128 k
Jan 1993 – Oct 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
238
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 94 leases and 94 wells, and the rule below applies to all of them.

Discovered
1958-03-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: NET GOR 1500 MCF PER WELL

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
CondensateDisposition1,379 bbl$24,620
GasProduction319,976 Mcf$103,442
Total$128,062

276,836 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 36.0155, -100.6076. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.01546, -100.60763 · 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
10,350 ft
1 wells filed one
Completion to plug
36.5 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 10,350 ft.

Completions filed
Apr 1976
1 of 1 wells
Plug dates filed
Oct 2012
1 of 1 wells

Last completion to plug: a median of 36.5 years across the 1 well that filed both dates, with the middle half between 36.5 years and 36.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-39330201110,350 ftApr 1976Oct 2012Yes

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 (238)

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

238 months

Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
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 20080055.496.86$0
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 20070070.906.39$0
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 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 200277024.664.14$1,899
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 1999471420.982.80$1,025
Sep 199903021.752.62$79
Aug 1999753319.262.88$1,539
Jul 1999030717.892.37$728
Jun 1999044615.942.36$1,054
May 1999034215.792.32$794
Apr 1999020315.102.21$448
Mar 1999021412.471.84$393
Feb 199903309.981.82$600
Jan 1999020810.381.90$395
Dec 199802089.201.77$369
Nov 1998019110.892.19$417
Oct 199807212.421.97$142
Sep 1998025012.592.08$521
Aug 1998012111.301.91$231
Jul 1998028111.742.24$629
Jun 199801811.242.24$40
May 1998041812.622.21$922
Apr 1998023613.042.51$591
Mar 19981024412.802.31$692
Feb 1998113613.952.30$236
Jan 1998114214.702.15$252
Dec 199705916.322.41$142
Nov 199709118.193.09$281
Oct 199704619.253.15$145
Sep 199703,77417.742.95$11,152
Aug 199704,82417.862.55$12,324
Jul 199703,34017.582.25$7,505
Jun 199703,88117.242.26$8,760
May 199705,14818.972.31$11,884
Apr 199704,81617.882.08$10,031
Mar 199705,54118.951.94$10,745
Feb 199703,64320.492.21$8,036
Jan 199703,73323.483.54$13,214
Dec 19961814,95423.32$4,221
Nov 199605,43121.97$0
Oct 199605,81223.31$0
Sep 199604,93922.22$0
Aug 199606,09620.26$0
Jul 199605,83419.55$0
Jun 199605,58918.73$0
May 199607,41019.43$0
Apr 199606,46721.51$0
Mar 199606,48519.38$0
Feb 199605,58816.98$0
Jan 19961833,92417.07$3,124
Dec 199505,91717.19$0
Nov 199505,85616.00$0
Oct 199506,38815.43$0
Sep 199505,87716.18$0
Aug 199506,70515.92$0
Jul 199506,56315.24$0
Jun 199506,46016.41$0
May 199506,67017.56$0
Apr 19951796,72717.73$3,174
Mar 199505,91116.44$0
Feb 199505,23416.58$0
Jan 199504,99515.92$0
Dec 199402,58015.03$0
Nov 199402,63315.90$0
Oct 199406,48515.58$0
Sep 199405,51315.29$0
Aug 199406,10016.13$0
Jul 199406,95217.56$0
Jun 199406,93217.09$0
May 19942026,89415.88$3,208
Apr 199407,45014.14$0
Mar 199406,87512.46$0
Feb 199402,85912.50$0
Jan 19942004,92112.66$2,532
Dec 199306,49612.33$0
Nov 199307,63414.49$0
Oct 199308,13915.85$0
Sep 199307,99815.03$0
Aug 199308,59015.66$0
Jul 199308,91815.46$0
Jun 1993029516.79$0
May 19932031,00417.68$3,589
Apr 199304,75118.05$0
Mar 199307,29718.14$0
Feb 199304,66617.90$0
Jan 199303,02216.93$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 2002 — as filed, then multipliedworked
Condensate            77 bbl  × $ 24.66 =     $1,899
Gas                    0 Mcf  × $  4.14 =         $0

────────────────────────────────────────────────────
Month total                                   $1,899

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/66468 is the state's own key, not one this site invented.