MAGIC #1

Operated by GRANITE OPERATING COMPANY (P-5 325070) in the MATHERS RANCH (TONKAWA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6046District 10Field 58257798OilCasinghead gasSaveExport
Value, all time
$305 k
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
2
oil, casinghead 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 19 leases and 22 wells, and the rule below applies to all of them.

Discovered
1974-03-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: FIELD MADE EXEMPT EFC 9/1/11

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
OilDisposition8,898 bbl$262,844
Casinghead gasProduction5,778 Mcf$42,545
Total$305,390

44 Mcf of this lease's gas, across 44 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 35.8788, -100.1531. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.87882, -100.15306 · 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
8,200 ft
1 wells filed one
Completion to plug
25.3 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 8,200 ft.

Completions filed
Mar 1985
1 of 1 wells
Plug dates filed
Jun 2010
1 of 1 wells

Last completion to plug: a median of 25.3 years across the 1 well that filed both dates, with the middle half between 25.3 years and 25.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2113173518,200 ftMar 1985Jun 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 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 2009202046.773.59$9,448
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 20081830131.3313.03$24,033
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 2007181091.677.29$16,592
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 2007181058.747.85$10,632
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 2007175050.306.73$8,803
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 2006174069.376.34$12,070
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 2006174057.597.75$10,021
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 200501,73158.3413.80$23,880
Sep 2005141061.4512.08$8,664
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 2005193045.226.65$8,727
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 2004194039.866.75$7,733
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 2004167038.286.08$6,393
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 200409034.475.86$527
Mar 20041689034.365.53$6,270
Feb 200409032.455.51$496
Jan 200409032.036.30$567
Dec 200309030.266.30$567
Nov 200309028.804.60$414
Oct 20031849028.174.76$5,612
Sep 200309026.314.75$427
Aug 200309029.765.13$462
Jul 200309029.415.17$465
Jun 20031839028.565.98$5,765
May 200309026.595.97$538
Apr 200309026.675.41$487
Mar 200309031.146.10$549
Feb 200309033.487.93$713
Jan 20031719030.315.58$5,685
Dec 200209026.914.85$437
Nov 200209024.664.14$372
Oct 200209026.464.23$381
Sep 200209027.443.64$327
Aug 20021859025.963.16$5,087
Jul 200209024.583.06$276
Jun 200209023.733.34$300
May 20021839024.663.58$4,835
Apr 200209023.653.51$316
Mar 200209022.003.10$279
Feb 200209018.222.38$214
Jan 200209017.172.38$214
Dec 20011829016.932.36$3,294
Nov 200109018.072.41$217
Oct 200109019.782.53$228
Sep 200109024.262.25$203
Aug 200109024.873.05$275
Jul 200109023.933.20$288
Jun 20011869024.563.82$4,912
May 200109025.524.31$388
Apr 200109024.685.34$480
Mar 20011889024.545.38$5,097
Feb 200109027.755.77$519
Jan 200109027.478.40$756
Dec 200009026.889.12$821
Nov 200009032.215.66$509
Oct 20001849031.235.15$6,209
Sep 200009031.875.19$467
Aug 20000129.644.54$5
Jul 20000128.534.09$4
Jun 20000129.304.40$4
May 2000183127.263.68$4,992
Apr 20000124.513.12$3
Mar 20000128.422.86$3
Feb 20000127.622.73$3
Jan 2000181125.272.48$4,576
Dec 19990124.282.42$2
Nov 19990123.192.43$2
Oct 19990120.982.80$3
Sep 1999358121.752.62$7,789
Aug 19990119.262.88$3
Jul 19990117.892.37$2
Jun 1999187115.942.36$2,983
May 19990115.792.32$2
Apr 19990115.102.21$2
Mar 19990112.471.84$2
Feb 199918619.981.82$1,858
Jan 19990110.381.90$2
Dec 1998019.201.77$2
Nov 19980110.892.19$2
Oct 1998181112.421.97$2,250
Sep 19980112.592.08$2
Aug 19980111.301.91$2
Jul 19980111.742.24$2
Jun 19980111.242.24$2
May 19980112.622.21$2
Apr 1998185113.042.51$2,415
Mar 19980012.802.31$0
Feb 19980113.952.30$2
Jan 1998183114.702.15$2,692
Dec 19970116.322.41$2
Nov 19970118.193.09$3
Oct 19970119.253.15$3
Sep 1997187117.742.95$3,320
Aug 19970117.862.55$3
Jul 19970117.582.25$2
Jun 1997184117.242.26$3,174
May 1997184118.972.31$3,493
Apr 19970117.882.08$2
Mar 19970118.951.94$2
Feb 19970120.492.21$2
Jan 1997182123.483.54$4,277
Dec 19960123.32$0
Nov 19960121.97$0
Oct 1996180123.31$4,196
Sep 19960122.22$0
Aug 19960120.26$0
Jul 1996184119.55$3,597
Jun 19960118.73$0
May 19960119.43$0
Apr 19960121.51$0
Mar 1996184119.38$3,566
Feb 19960116.98$0
Jan 19960117.07$0
Dec 1995184117.19$3,163
Nov 19950116.00$0
Oct 19950115.43$0
Sep 19950116.18$0
Aug 1995183115.92$2,913
Jul 19950015.24$0
Jun 19950016.41$0
May 1995176117.56$3,091
Apr 19950117.73$0
Mar 19950116.44$0
Feb 1995182116.58$3,018
Jan 19950115.92$0
Dec 19940115.03$0
Nov 1994182115.90$2,894
Oct 19940115.58$0
Sep 19940115.29$0
Aug 19940116.13$0
Jul 1994183117.56$3,213
Jun 19940117.09$0
May 19940115.88$0
Apr 1994365114.14$5,161
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940112.66$0
Dec 19930112.33$0
Nov 19930114.49$0
Oct 19930115.85$0
Sep 1993184115.03$2,766
Aug 19930115.66$0
Jul 19930115.46$0
Jun 19930116.79$0
May 1993182117.68$3,218
Apr 1993184118.05$3,321
Mar 19930118.14$0
Feb 19930117.90$0
Jan 1993185116.93$3,132

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.

Apr 2009 — as filed, then multipliedworked
Oil                  202 bbl  × $ 46.77 =     $9,448
Casinghead gas         0 Mcf  × $  3.59 =         $0

────────────────────────────────────────────────────
Month total                                   $9,448

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/O/6046 is the state's own key, not one this site invented.