N. FOLLETT GU 2

Name: N. FOLLETT GU 2 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Gas lease lease 92793District 10Field 31829600NGPA filingCondensateGasSave Export

Value, all time

$1.1 M

Jan 1993 – Aug 2009

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

200

no gaps in the span

Streams

condensate, gas

The FOLLETT (MORROW, UP) field

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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered

1972-06-01

as the register files it

Field class

Gas

the register's own label

Between wells

3,735 ft

minimum

From a lease line

933 ft

minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED EFF. 1/1/94”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	2,857 bbl	$75,320
Gas	Production	285,056 Mcf	$1,041,206
Total			$1,116,525

44,348 Mcf of this lease's gas, across 45 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 36.4662, -100.0924. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.46620, -100.09240 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,100 ft

1 wells filed one

Completion to plug

28.3 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 9,100 ft.

Completions filed

Feb 1981

1 of 1 wells

Plug dates filed

May 2009

1 of 1 wells

Last completion to plug: a median of 28.3 years across the 1 well that filed both dates, with the middle half between 28.3 years and 28.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29530850	2	9,100 ft	Feb 1981	May 2009	Yes

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 (200)

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

200 months


Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	40	44	54.74	3.93	$2,362
Apr 2009	0	360	46.77	3.59	$1,292
Mar 2009	0	288	42.14	4.06	$1,169
Feb 2009	0	63	32.81	4.63	$292
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	1	55.49	6.86	$7
Oct 2008	0	5	75.24	6.92	$35
Sep 2008	0	39	101.76	7.88	$307
Aug 2008	0	71	114.22	8.48	$602
Jul 2008	0	224	131.08	11.39	$2,551
Jun 2008	0	203	131.33	13.03	$2,646
May 2008	0	496	123.17	11.57	$5,741
Apr 2008	0	659	110.31	10.45	$6,890
Mar 2008	0	573	101.90	9.66	$5,538
Feb 2008	0	660	92.53	8.77	$5,789
Jan 2008	0	1,069	90.38	8.21	$8,772
Dec 2007	0	942	88.33	7.30	$6,878
Nov 2007	0	95	91.67	7.29	$693
Oct 2007	0	256	82.85	6.92	$1,772
Sep 2007	0	258	75.84	6.24	$1,611
Aug 2007	162	609	69.06	6.39	$15,078
Jul 2007	0	1,095	70.90	6.39	$6,995
Jun 2007	0	1,120	62.00	7.55	$8,454
May 2007	0	1,125	58.74	7.85	$8,827
Apr 2007	0	1,117	59.61	7.81	$8,718
Mar 2007	0	1,355	56.92	7.30	$9,894
Feb 2007	0	1,151	55.10	8.22	$9,457
Jan 2007	0	1,271	50.30	6.73	$8,550
Dec 2006	0	1,522	56.65	6.92	$10,530
Nov 2006	0	1,380	54.20	7.62	$10,512
Oct 2006	0	1,572	54.90	6.01	$9,454
Sep 2006	0	1,331	60.08	5.04	$6,705
Aug 2006	0	1,553	68.71	7.34	$11,399
Jul 2006	0	1,822	69.37	6.34	$11,557
Jun 2006	0	1,328	66.28	6.38	$8,478
May 2006	0	1,704	66.01	6.42	$10,948
Apr 2006	0	377	64.39	7.36	$2,775
Mar 2006	0	184	56.70	7.08	$1,303
Feb 2006	0	1,306	57.59	7.75	$10,123
Jan 2006	0	1,276	60.59	8.93	$11,399
Dec 2005	0	1,448	54.94	13.42	$19,426
Nov 2005	0	1,467	54.69	10.59	$15,533
Oct 2005	165	1,576	58.34	13.80	$31,368
Sep 2005	0	1,435	61.45	12.08	$17,333
Aug 2005	0	1,631	61.51	9.80	$15,979
Jul 2005	0	1,702	55.69	7.84	$13,350
Jun 2005	0	1,569	52.33	7.38	$11,581
May 2005	0	1,655	45.22	6.65	$11,008
Apr 2005	0	1,393	49.20	7.36	$10,253
Mar 2005	0	1,677	50.37	7.15	$11,999
Feb 2005	0	1,119	45.22	6.31	$7,063
Jan 2005	0	1,594	43.16	6.32	$10,078
Dec 2004	0	308	39.86	6.75	$2,079
Nov 2004	0	1,572	45.28	6.33	$9,951
Oct 2004	0	1,644	49.70	6.52	$10,711
Sep 2004	0	843	43.24	5.28	$4,454
Aug 2004	0	1,681	42.37	5.55	$9,331
Jul 2004	171	1,657	38.28	6.08	$16,627
Jun 2004	0	1,624	36.10	6.43	$10,447
May 2004	0	1,629	37.48	6.49	$10,580
Apr 2004	0	1,641	34.47	5.86	$9,614
Mar 2004	0	1,646	34.36	5.53	$9,103
Feb 2004	0	1,445	32.45	5.51	$7,961
Jan 2004	0	1,362	32.03	6.30	$8,580
Dec 2003	0	1,577	30.26	6.30	$9,938
Nov 2003	0	1,191	28.80	4.60	$5,473
Oct 2003	0	1,425	28.17	4.76	$6,782
Sep 2003	0	1,384	26.31	4.75	$6,573
Aug 2003	0	1,442	29.76	5.13	$7,397
Jul 2003	0	1,571	29.41	5.17	$8,123
Jun 2003	0	1,141	28.56	5.98	$6,827
May 2003	164	1,594	26.59	5.97	$13,881
Apr 2003	0	1,514	26.67	5.41	$8,187
Mar 2003	0	1,118	31.14	6.10	$6,815
Feb 2003	0	1,095	33.48	7.93	$8,679
Jan 2003	0	1,136	30.31	5.58	$6,341
Dec 2002	0	1,266	26.91	4.85	$6,145
Nov 2002	0	1,524	24.66	4.14	$6,305
Oct 2002	0	1,119	26.46	4.23	$4,732
Sep 2002	0	1,044	27.44	3.64	$3,795
Aug 2002	0	1,022	25.96	3.16	$3,234
Jul 2002	0	1,295	24.58	3.06	$3,965
Jun 2002	0	1,283	23.73	3.34	$4,283
May 2002	0	1,034	24.66	3.58	$3,706
Apr 2002	0	1,286	23.65	3.51	$4,517
Mar 2002	0	1,145	22.00	3.10	$3,553
Feb 2002	162	1,147	18.22	2.38	$5,677
Jan 2002	0	1,214	17.17	2.38	$2,884
Dec 2001	0	1,155	16.93	2.36	$2,731
Nov 2001	0	898	18.07	2.41	$2,160
Oct 2001	0	1,369	19.78	2.53	$3,462
Sep 2001	0	1,682	24.26	2.25	$3,787
Aug 2001	0	1,756	24.87	3.05	$5,361
Jul 2001	0	1,891	23.93	3.20	$6,046
Jun 2001	164	1,892	24.56	3.82	$11,263
May 2001	0	1,587	25.52	4.31	$6,836
Apr 2001	0	1,876	24.68	5.34	$10,009
Mar 2001	0	1,425	24.54	5.38	$7,661
Feb 2001	0	1,419	27.75	5.77	$8,183
Jan 2001	187	1,665	27.47	8.40	$19,121
Dec 2000	0	1,488	26.88	9.12	$13,574
Nov 2000	0	1,808	32.21	5.66	$10,230
Oct 2000	0	1,769	31.23	5.15	$9,102
Sep 2000	0	1,435	31.87	5.19	$7,443
Aug 2000	0	1,830	29.64	4.54	$8,310
Jul 2000	158	588	28.53	4.09	$6,913
Jun 2000	0	827	29.30	4.40	$3,637
May 2000	0	1,769	27.26	3.68	$6,509
Apr 2000	0	881	24.51	3.12	$2,745
Mar 2000	0	1,756	28.42	2.86	$5,022
Feb 2000	0	1,254	27.62	2.73	$3,419
Jan 2000	177	1,790	25.27	2.48	$8,913
Dec 1999	0	1,708	24.28	2.42	$4,140
Nov 1999	0	1,530	23.19	2.43	$3,724
Oct 1999	0	1,469	20.98	2.80	$4,119
Sep 1999	0	973	21.75	2.62	$2,548
Aug 1999	0	1,376	19.26	2.88	$3,957
Jul 1999	182	1,828	17.89	2.37	$7,593
Jun 1999	0	1,670	15.94	2.36	$3,945
May 1999	0	1,886	15.79	2.32	$4,377
Apr 1999	0	2,488	15.10	2.21	$5,494
Mar 1999	0	2,467	12.47	1.84	$4,535
Feb 1999	0	2,412	9.98	1.82	$4,385
Jan 1999	196	2,340	10.38	1.90	$6,480
Dec 1998	41	2,483	9.20	1.77	$4,780
Nov 1998	56	2,909	10.89	2.19	$6,968
Oct 1998	0	1,653	12.42	1.97	$3,255
Sep 1998	0	2,990	12.59	2.08	$6,227
Aug 1998	0	7,256	11.30	1.91	$13,840
Jul 1998	0	7,256	11.74	2.24	$16,234
Jun 1998	161	1,726	11.24	2.24	$5,671
May 1998	0	2,036	12.62	2.21	$4,492
Apr 1998	0	3,382	13.04	2.51	$8,473
Mar 1998	0	1,340	12.80	2.31	$3,095
Feb 1998	0	2,676	13.95	2.30	$6,152
Jan 1998	0	3,776	14.70	2.15	$8,136
Dec 1997	0	3,700	16.32	2.41	$8,921
Nov 1997	146	4,258	18.19	3.09	$15,806
Oct 1997	0	4,669	19.25	3.15	$14,707
Sep 1997	0	3,466	17.74	2.95	$10,242
Aug 1997	0	3,856	17.86	2.55	$9,851
Jul 1997	0	3,654	17.58	2.25	$8,210
Jun 1997	132	4,019	17.24	2.26	$11,347
May 1997	0	4,796	18.97	2.31	$11,072
Apr 1997	0	4,648	17.88	2.08	$9,681
Mar 1997	0	2,222	18.95	1.94	$4,309
Feb 1997	0	3,868	20.49	2.21	$8,532
Jan 1997	0	3,723	23.48	3.54	$13,178
Dec 1996	0	2,878	23.32	—	$0
Nov 1996	0	3,502	21.97	—	$0
Oct 1996	0	5,011	23.31	—	$0
Sep 1996	176	5,489	22.22	—	$3,911
Aug 1996	0	5,178	20.26	—	$0
Jul 1996	0	5,426	19.55	—	$0
Jun 1996	0	5,457	18.73	—	$0
May 1996	0	4,543	19.43	—	$0
Apr 1996	0	0	21.51	—	$0
Mar 1996	0	1	19.38	—	$0
Feb 1996	0	241	16.98	—	$0
Jan 1996	0	261	17.07	—	$0
Dec 1995	0	157	17.19	—	$0
Nov 1995	0	137	16.00	—	$0
Oct 1995	0	197	15.43	—	$0
Sep 1995	0	152	16.18	—	$0
Aug 1995	137	132	15.92	—	$2,181
Jul 1995	0	204	15.24	—	$0
Jun 1995	0	207	16.41	—	$0
May 1995	0	125	17.56	—	$0
Apr 1995	0	116	17.73	—	$0
Mar 1995	0	145	16.44	—	$0
Feb 1995	0	112	16.58	—	$0
Jan 1995	0	253	15.92	—	$0
Dec 1994	80	258	15.03	—	$1,202
Nov 1994	0	121	15.90	—	$0
Oct 1994	0	284	15.58	—	$0
Sep 1994	0	106	15.29	—	$0
Aug 1994	0	191	16.13	—	$0
Jul 1994	0	124	17.56	—	$0
Jun 1994	0	128	17.09	—	$0
May 1994	0	200	15.88	—	$0
Apr 1994	0	208	14.14	—	$0
Mar 1994	0	315	12.46	—	$0
Feb 1994	0	156	12.50	—	$0
Jan 1994	0	108	12.66	—	$0
Dec 1993	0	139	12.33	—	$0
Nov 1993	0	102	14.49	—	$0
Oct 1993	0	87	15.85	—	$0
Sep 1993	0	160	15.03	—	$0
Aug 1993	0	17	15.66	—	$0
Jul 1993	0	271	15.46	—	$0
Jun 1993	0	369	16.79	—	$0
May 1993	0	375	17.68	—	$0
Apr 1993	0	456	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	249	17.90	—	$0
Jan 1993	0	0	16.93	—	$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.

May 2009 — as filed, then multipliedworked

Condensate            40 bbl  × $ 54.74 =     $2,190
Gas                   44 Mcf  × $  3.93 =       $173

────────────────────────────────────────────────────
Month total                                   $2,362

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/92793 is the state's own key, not one this site invented.