MERYDITH -G-

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

Gas lease lease 93152District 10Field 15005500NGPA filingCondensateGasSaveExport
Value, all time
$305 k
Jan 1993 – Oct 2003
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
130
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 9 leases and 10 wells, and the rule below applies to all of them.

Discovered
1980-08-13
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 320 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED EFF. 5/1/93

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
NGPA2none

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
CondensateDisposition4,405 bbl$78,713
GasProduction251,812 Mcf$226,193
Total$304,906

165,504 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 36.1883, -100.5268. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.18835, -100.52683 · 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
10,250 ft
1 wells filed one
Completion to plug
22.7 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 10,250 ft.

Completions filed
Feb 1981
1 of 1 wells
Plug dates filed
Oct 2003
1 of 1 wells

Last completion to plug: a median of 22.7 years across the 1 well that filed both dates, with the middle half between 22.7 years and 22.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-29530886110,250 ftFeb 1981Oct 2003Yes

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 (130)

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

130 months

Oct 2003129128.174.76$771
Sep 200307926.314.75$375
Aug 200303329.765.13$169
Jul 2003010729.415.17$553
Jun 200308928.565.98$532
May 200309526.595.97$567
Apr 200306626.675.41$357
Mar 200306031.146.10$366
Feb 200304633.487.93$365
Jan 200306330.315.58$352
Dec 200218513126.914.85$5,614
Nov 2002050224.664.14$2,077
Oct 2002054326.464.23$2,296
Sep 2002047227.443.64$1,716
Aug 2002061525.963.16$1,946
Jul 2002042324.583.06$1,295
Jun 2002040523.733.34$1,352
May 20021921,40924.663.58$9,785
Apr 200201,37423.653.51$4,826
Mar 200201,14122.003.10$3,540
Feb 2002054318.222.38$1,290
Jan 2002071717.172.38$1,703
Dec 200101,01516.932.36$2,400
Nov 2001089818.072.41$2,160
Oct 20010119.782.53$3
Sep 2001070224.262.25$1,580
Aug 200117866924.873.05$6,469
Jul 2001025123.933.20$802
Jun 200108024.563.82$306
May 200107325.524.31$314
Apr 200103824.685.34$203
Mar 200102224.545.38$118
Feb 200106627.755.77$381
Jan 20010027.478.40$0
Dec 200004226.889.12$383
Nov 2000013032.215.66$736
Oct 2000019231.235.15$988
Sep 2000017731.875.19$918
Aug 2000046329.644.54$2,102
Jul 200001,10528.534.09$4,519
Jun 200001,28629.304.40$5,655
May 200001,40927.263.68$5,185
Apr 2000088624.513.12$2,761
Mar 2000016828.422.86$480
Feb 2000033527.622.73$913
Jan 2000097225.272.48$2,411
Dec 19991941,62524.282.42$8,649
Nov 199901,73923.192.43$4,233
Oct 199901,88320.982.80$5,279
Sep 199901,85421.752.62$4,855
Aug 199901,97919.262.88$5,691
Jul 19992072,00717.892.37$8,465
Jun 199901,85215.942.36$4,375
May 199901,83415.792.32$4,257
Apr 199901,83815.102.21$4,058
Mar 199901,73612.471.84$3,191
Feb 19992101,4789.981.82$4,782
Jan 1999087610.381.90$1,664
Dec 199801,4389.201.77$2,550
Nov 199801,61610.892.19$3,532
Oct 199801,44612.421.97$2,847
Sep 199801,33912.592.08$2,789
Aug 199801,26011.301.91$2,403
Jul 199801,51211.742.24$3,383
Jun 199801,81711.242.24$4,065
May 19982022,15812.622.21$7,311
Apr 199802,12713.042.51$5,329
Mar 199801,95212.802.31$4,508
Feb 199801,44713.952.30$3,327
Jan 19982092,01514.702.15$7,414
Dec 199701,75616.322.41$4,234
Nov 199701,40918.193.09$4,351
Oct 199741,35719.253.15$4,351
Sep 199701,78617.742.95$5,277
Aug 199702,26717.862.55$5,792
Jul 199702,29017.582.25$5,145
Jun 19972001,97517.242.26$7,906
May 199702,42418.972.31$5,596
Apr 199702,49417.882.08$5,194
Mar 19972152,74718.951.94$9,401
Feb 199702,33020.492.21$5,140
Jan 199732,66123.483.54$9,490
Dec 199602,53023.32$0
Nov 19962112,63121.97$4,636
Oct 199602,79323.31$0
Sep 199602,85422.22$0
Aug 199602,93220.26$0
Jul 19962052,88119.55$4,008
Jun 199602,86718.73$0
May 199602,93419.43$0
Apr 199603,04221.51$0
Mar 199602,23719.38$0
Feb 19961892,36816.98$3,209
Jan 199603,39817.07$0
Dec 19952003,08217.19$3,438
Nov 199503,27216.00$0
Oct 199503,67315.43$0
Sep 19951923,33116.18$3,107
Aug 199543,64715.92$64
Jul 199543,86315.24$61
Jun 199503,33416.41$0
May 19952054,20217.56$3,600
Apr 199563,99717.73$106
Mar 199503,95016.44$0
Feb 19952013,57816.58$3,333
Jan 199504,22715.92$0
Dec 199404,25615.03$0
Nov 19942034,17815.90$3,228
Oct 199404,10515.58$0
Sep 199403,92715.29$0
Aug 199402,32316.13$0
Jul 1994097517.56$0
Jun 1994098217.09$0
May 199401,11215.88$0
Apr 19942092,31214.14$2,955
Mar 199404,28312.46$0
Feb 199403,79612.50$0
Jan 19941984,17212.66$2,507
Dec 199304,20512.33$0
Nov 199343,87314.49$58
Oct 199304,19815.85$0
Sep 199304,01315.03$0
Aug 19931854,45815.66$2,897
Jul 199304,24315.46$0
Jun 199304,52816.79$0
May 199304,94017.68$0
Apr 199304,01518.05$0
Mar 19931784,65918.14$3,229
Feb 199303,93417.90$0
Jan 199304,39416.93$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.

Oct 2003 — as filed, then multipliedworked
Condensate            12 bbl  × $ 28.17 =       $338
Gas                   91 Mcf  × $  4.76 =       $433

────────────────────────────────────────────────────
Month total                                     $771

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/93152 is the state's own key, not one this site invented.