PHILLIPS C

Operated by WISE PRODUCTION COMPANY (P-5 933825) in the MEEKER (CONGL. 5100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 108579District 7BField 60255470NGPA filingCondensateGasSaveExport
Value, all time
$75 k
Jan 1993 – Dec 2000
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
96
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 5 leases and 6 wells, and the rule below applies to all of them.

Discovered
1982-11-24
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

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
CondensateDisposition382 bbl$9,793
GasProduction75,026 Mcf$65,479
Total$75,271

48,404 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 32.9822, -98.0277. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.98221, -98.02771 · 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
0.0%
0 of 1 wells
Median depth
5,910 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 5,910 ft.

Completions filed
Oct 1983
1 of 1 wells

1 well

42-3673226615,910 ftOct 1983Yes

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 (96)

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

96 months

Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 200071031.235.15$2,217
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 2000824928.534.09$1,247
Jun 200015145629.304.40$6,429
May 2000951027.263.68$2,122
Apr 2000231524.513.12$1,031
Mar 2000258328.422.86$1,724
Feb 2000046327.622.73$1,262
Jan 2000052025.272.48$1,290
Dec 1999049624.282.42$1,202
Nov 1999045723.192.43$1,112
Oct 1999044220.982.80$1,239
Sep 1999046821.752.62$1,226
Aug 1999060119.262.88$1,728
Jul 1999054117.892.37$1,283
Jun 1999054615.942.36$1,290
May 1999053815.792.32$1,249
Apr 1999055915.102.21$1,234
Mar 1999061612.471.84$1,132
Feb 199905919.981.82$1,074
Jan 1999165110.381.90$1,247
Dec 199805969.201.77$1,057
Nov 1998062110.892.19$1,357
Oct 1998065612.421.97$1,292
Sep 1998065512.592.08$1,364
Aug 1998069911.301.91$1,333
Jul 1998068911.742.24$1,541
Jun 1998070111.242.24$1,568
May 1998070112.622.21$1,547
Apr 1998068113.042.51$1,706
Mar 1998067812.802.31$1,566
Feb 1998068313.952.30$1,570
Jan 1998074814.702.15$1,612
Dec 1997076316.322.41$1,840
Nov 1997072518.193.09$2,239
Oct 1997073219.253.15$2,306
Sep 1997066717.742.95$1,971
Aug 1997072417.862.55$1,850
Jul 1997073217.582.25$1,645
Jun 1997065217.242.26$1,472
May 1997080918.972.31$1,868
Apr 1997076417.882.08$1,591
Mar 1997076518.951.94$1,483
Feb 1997074720.492.21$1,648
Jan 1997083223.483.54$2,945
Dec 1996082823.32$0
Nov 1996091821.97$0
Oct 1996096823.31$0
Sep 1996094622.22$0
Aug 1996098520.26$0
Jul 199601,05319.55$0
Jun 19961311,06818.73$2,454
May 1996096219.43$0
Apr 199601,03621.51$0
Mar 199601,03619.38$0
Feb 199601,01416.98$0
Jan 199601,10017.07$0
Dec 1995078817.19$0
Nov 1995592616.00$80
Oct 199501,08015.43$0
Sep 199501,15716.18$0
Aug 199501,13815.92$0
Jul 199501,13415.24$0
Jun 199501,12116.41$0
May 199501,28217.56$0
Apr 1995098717.73$0
Mar 1995099516.44$0
Feb 1995095916.58$0
Jan 199501,00915.92$0
Dec 199411,06915.03$15
Nov 199401,04715.90$0
Oct 199401,20515.58$0
Sep 199401,28715.29$0
Aug 199401,48116.13$0
Jul 199401,75217.56$0
Jun 199401,03817.09$0
May 1994031715.88$0
Apr 1994089814.14$0
Mar 1994096712.46$0
Feb 1994191512.50$13
Jan 199401,22412.66$0
Dec 199301,32412.33$0
Nov 199301,74914.49$0
Oct 199301,61915.85$0
Sep 1993098715.03$0
Aug 1993065615.66$0
Jul 1993062215.46$0
Jun 1993064116.79$0
May 1993072317.68$0
Apr 1993066518.05$0
Mar 1993060818.14$0
Feb 1993054517.90$0
Jan 1993057516.93$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 2000 — as filed, then multipliedworked
Condensate            71 bbl  × $ 31.23 =     $2,217
Gas                    0 Mcf  × $  5.15 =         $0

────────────────────────────────────────────────────
Month total                                   $2,217

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. 7B/G/108579 is the state's own key, not one this site invented.