FURNEAUX

Operated by PANTERA ENERGY COMPANY (P-5 638486) in the PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 95400District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$1.5 M
Jan 1993 – Oct 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
214
no gaps in the span
Streams
1
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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY SUSPENDED.

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
GasProduction468,794 Mcf$1,453,974
Total$1,453,974

160,196 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 35.3019, -100.9549. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.30187, -100.95487 · 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
2,955 ft
1 wells filed one
Completion to plug
29.3 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 2,955 ft.

Completions filed
Jul 1981
1 of 1 wells
Plug dates filed
Oct 2010
1 of 1 wells

Last completion to plug: a median of 29.3 years across the 1 well that filed both dates, with the middle half between 29.3 years and 29.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-179307991 A2,955 ftJul 1981Oct 2010Yes

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 (214)

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

214 months

Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 2008433114.228.48$3,673
Jul 20081,397131.0811.39$15,911
Jun 20081,689131.3313.03$22,012
May 20082,244123.1711.57$25,973
Apr 20082,596110.3110.45$27,141
Mar 2008163101.909.66$1,575
Feb 20081,24992.538.77$10,954
Jan 20081,69790.388.21$13,925
Dec 20071,66488.337.30$12,150
Nov 20071,60891.677.29$11,725
Oct 20071,69482.856.92$11,726
Sep 20071,64275.846.24$10,253
Aug 20071,33969.066.39$8,553
Jul 20071,21370.906.39$7,749
Jun 20071,34062.007.55$10,115
May 20071,03858.747.85$8,144
Apr 20071,12159.617.81$8,750
Mar 20071,68856.927.30$12,326
Feb 20071,60555.108.22$13,187
Jan 20071,90250.306.73$12,794
Dec 20061,52256.656.92$10,530
Nov 20061,69154.207.62$12,881
Oct 20061,78854.906.01$10,753
Sep 20061,78360.085.04$8,981
Aug 20061,82868.717.34$13,417
Jul 20061,44069.376.34$9,134
Jun 20061,71866.286.38$10,968
May 20062,03766.016.42$13,088
Apr 20061,83264.397.36$13,484
Mar 20061,68856.707.08$11,956
Feb 20061,56657.597.75$12,138
Jan 20062,02960.598.93$18,126
Dec 20052,09054.9413.42$28,038
Nov 20051,56754.6910.59$16,592
Oct 20052,20858.3413.80$30,461
Sep 200557261.4512.08$6,909
Aug 20051,91161.519.80$18,722
Jul 20051,88355.697.84$14,770
Jun 20051,79652.337.38$13,256
May 20051,88245.226.65$12,517
Apr 20051,80249.207.36$13,264
Mar 20051,93050.377.15$13,809
Feb 20051,65045.226.31$10,415
Jan 20051,82943.166.32$11,563
Dec 20041,75339.866.75$11,835
Nov 20041,96745.286.33$12,452
Oct 20042,04949.706.52$13,349
Sep 20041,94843.245.28$10,293
Aug 20042,09042.375.55$11,601
Jul 20041,94038.286.08$11,803
Jun 20041,80536.106.43$11,612
May 20041,89337.486.49$12,294
Apr 20041,68834.475.86$9,889
Mar 20042,00134.365.53$11,066
Feb 20041,93632.455.51$10,667
Jan 20042,14832.036.30$13,532
Dec 20032,21530.266.30$13,958
Nov 20031,98928.804.60$9,140
Oct 20032,17028.174.76$10,328
Sep 20032,10026.314.75$9,974
Aug 20032,09629.765.13$10,752
Jul 20032,09929.415.17$10,854
Jun 20032,21228.565.98$13,234
May 20032,29526.595.97$13,707
Apr 20031,48426.675.41$8,024
Mar 20032,10231.146.10$12,814
Feb 20031,96833.487.93$15,598
Jan 20032,27630.315.58$12,705
Dec 20022,35026.914.85$11,406
Nov 20022,33724.664.14$9,668
Oct 20022,47126.464.23$10,450
Sep 20022,19627.443.64$7,983
Aug 20022,15825.963.16$6,828
Jul 20022,10224.583.06$6,436
Jun 20022,27223.733.34$7,584
May 20022,35424.663.58$8,437
Apr 20022,16123.653.51$7,590
Mar 20022,24722.003.10$6,972
Feb 20022,17318.222.38$5,162
Jan 20022,47617.172.38$5,882
Dec 20012,53316.932.36$5,989
Nov 20012,39018.072.41$5,749
Oct 20012,45219.782.53$6,201
Sep 20012,39924.262.25$5,401
Aug 20012,50724.873.05$7,654
Jul 20012,42123.933.20$7,740
Jun 20012,51424.563.82$9,614
May 20012,36825.524.31$10,200
Apr 20011,71324.685.34$9,139
Mar 20012,45124.545.38$13,178
Feb 20012,25427.755.77$12,999
Jan 20012,57427.478.40$21,618
Dec 20002,64626.889.12$24,138
Nov 20002,60532.215.66$14,739
Oct 20002,60531.235.15$13,404
Sep 20002,63631.875.19$13,672
Aug 20002,24329.644.54$10,185
Jul 20002,62528.534.09$10,736
Jun 20002,67129.304.40$11,745
May 20002,40527.263.68$8,850
Apr 20002,52624.513.12$7,871
Mar 20002,55728.422.86$7,312
Feb 20002,58427.622.73$7,045
Jan 20002,59325.272.48$6,432
Dec 19992,65424.282.42$6,433
Nov 19992,73023.192.43$6,645
Oct 19992,80220.982.80$7,856
Sep 19992,75721.752.62$7,220
Aug 19992,76519.262.88$7,951
Jul 19992,70817.892.37$6,424
Jun 19992,91215.942.36$6,878
May 19992,05315.792.32$4,765
Apr 19992,73015.102.21$6,028
Mar 19992,95112.471.84$5,425
Feb 19992,1069.981.82$3,828
Jan 19992,47310.381.90$4,699
Dec 19982,9619.201.77$5,251
Nov 19982,83310.892.19$6,192
Oct 19982,92712.421.97$5,764
Sep 19982,93312.592.08$6,108
Aug 19982,89811.301.91$5,528
Jul 19983,07811.742.24$6,886
Jun 19982,55011.242.24$5,705
May 19982,77212.622.21$6,116
Apr 19983,00013.042.51$7,516
Mar 19982,93812.802.31$6,785
Feb 19982,67713.952.30$6,155
Jan 19983,00314.702.15$6,471
Dec 19973,03016.322.41$7,306
Nov 19973,16818.193.09$9,784
Oct 19973,22919.253.15$10,171
Sep 19972,90517.742.95$8,584
Aug 19973,07917.862.55$7,866
Jul 19973,31317.582.25$7,444
Jun 19973,25717.242.26$7,352
May 19972,21418.972.31$5,111
Apr 19972,67317.882.08$5,567
Mar 19973,07218.951.94$5,957
Feb 19972,96920.492.21$6,549
Jan 19973,32123.483.54$11,755
Dec 19963,34423.32$0
Nov 19963,29921.97$0
Oct 19963,40223.31$0
Sep 19963,30022.22$0
Aug 19963,41020.26$0
Jul 19963,43619.55$0
Jun 19963,41618.73$0
May 19963,13519.43$0
Apr 19963,43821.51$0
Mar 19963,72319.38$0
Feb 19963,00416.98$0
Jan 19963,42117.07$0
Dec 19953,42217.19$0
Nov 19953,77016.00$0
Oct 19953,68315.43$0
Sep 19953,37616.18$0
Aug 19953,50815.92$0
Jul 19953,41915.24$0
Jun 19953,65616.41$0
May 19953,44717.56$0
Apr 19954,01517.73$0
Mar 19954,30516.44$0
Feb 19953,88516.58$0
Jan 19954,21115.92$0
Dec 19944,30815.03$0
Nov 19944,26615.90$0
Oct 19944,77615.58$0
Sep 19945,11315.29$0
Aug 19943,58916.13$0
Jul 19944,00017.56$0
Jun 19942,99317.09$0
May 19941,46515.88$0
Apr 19942,24514.14$0
Mar 19942,46712.46$0
Feb 19942,43312.50$0
Jan 19942,95112.66$0
Dec 19933,06512.33$0
Nov 19933,21014.49$0
Oct 19933,56115.85$0
Sep 19931,96615.03$0
Aug 19931,67415.66$0
Jul 19932,52215.46$0
Jun 19932,96016.79$0
May 19933,10417.68$0
Apr 19933,02018.05$0
Mar 19933,18418.14$0
Feb 19933,10317.90$0
Jan 19933,19616.93$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.

Aug 2008 — as filed, then multipliedworked
Gas                  433 Mcf  × $  8.48 =     $3,673

────────────────────────────────────────────────────
Month total                                   $3,673

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/95400 is the state's own key, not one this site invented.