PLUMLEE

Operated by MKS NATURAL GAS COMPANY (P-5 518491) in the PEASTER (ATOKA SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 122071District 7BField 70002200NGPA filingCondensateGasSaveExport
Value, all time
$121 k
Jan 1993 – Jan 2014
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
253
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1986-07-10
as the register files it
Field class
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: ALLOCATION FORMULA EFFECTIVE 03/01/2006.

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
CondensateDisposition99 bbl$4,884
GasProduction45,554 Mcf$116,205
Total$121,089

23,052 Mcf of this lease's gas, across 46 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 32.8484, -97.8249. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.84838, -97.82489 · 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
4,387 ft
1 wells filed one
Completion to plug
26.5 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 4,387 ft.

Completions filed
Jul 1986
1 of 1 wells
Plug dates filed
Jan 2013
1 of 1 wells

Last completion to plug: a median of 26.5 years across the 1 well that filed both dates, with the middle half between 26.5 years and 26.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3673299514,387 ftJul 1986Jan 2013Yes

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 (253)

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

253 months

Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201326097.423.78$2,533
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
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 20090046.773.59$0
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 200800131.3313.03$0
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 200703088.337.30$219
Nov 200706691.677.29$481
Oct 200702582.856.92$173
Sep 200705975.846.24$368
Aug 200702769.066.39$172
Jul 200706570.906.39$415
Jun 200705762.007.55$430
May 200705658.747.85$439
Apr 200707759.617.81$601
Mar 2007011156.927.30$811
Feb 2007010455.108.22$854
Jan 200709350.306.73$626
Dec 2006011356.656.92$782
Nov 200608254.207.62$625
Oct 2006013954.906.01$836
Sep 2006017760.085.04$892
Aug 2006017968.717.34$1,314
Jul 2006018369.376.34$1,161
Jun 2006015866.286.38$1,009
May 2006018666.016.42$1,195
Apr 2006013764.397.36$1,008
Mar 2006019656.707.08$1,388
Feb 2006011257.597.75$868
Jan 2006018360.598.93$1,635
Dec 2005025954.9413.42$3,475
Nov 2005031154.6910.59$3,293
Oct 2005031458.3413.80$4,332
Sep 2005025261.4512.08$3,044
Aug 2005024061.519.80$2,351
Jul 2005012655.697.84$988
Jun 2005010052.337.38$738
May 2005011245.226.65$745
Apr 2005012449.207.36$913
Mar 2005010450.377.15$744
Feb 200508945.226.31$562
Jan 2005017043.166.32$1,075
Dec 2004021339.866.75$1,438
Nov 2004025345.286.33$1,602
Oct 2004018649.706.52$1,212
Sep 2004024243.245.28$1,279
Aug 2004032842.375.55$1,821
Jul 2004021538.286.08$1,308
Jun 2004022136.106.43$1,422
May 2004020037.486.49$1,299
Apr 2004019334.475.86$1,131
Mar 2004011834.365.53$653
Feb 200408132.455.51$446
Jan 200408732.036.30$548
Dec 2003011030.266.30$693
Nov 200309228.804.60$423
Oct 2003011228.174.76$533
Sep 2003013826.314.75$655
Aug 2003012629.765.13$646
Jul 2003015129.415.17$781
Jun 2003016228.565.98$969
May 2003018626.595.97$1,111
Apr 2003016726.675.41$903
Mar 2003018831.146.10$1,146
Feb 2003014033.487.93$1,110
Jan 2003016330.315.58$910
Dec 2002018126.914.85$879
Nov 2002025824.664.14$1,067
Oct 2002026426.464.23$1,116
Sep 2002032027.443.64$1,163
Aug 2002044325.963.16$1,402
Jul 2002021424.583.06$655
Jun 2002026523.733.34$885
May 2002023324.663.58$835
Apr 2002042123.653.51$1,479
Mar 2002018722.003.10$580
Feb 2002019218.222.38$456
Jan 2002046717.172.38$1,109
Dec 2001033716.932.36$797
Nov 2001040918.072.41$984
Oct 2001021619.782.53$546
Sep 2001031824.262.25$716
Aug 2001042724.873.05$1,304
Jul 2001040923.933.20$1,308
Jun 2001023824.563.82$910
May 2001032525.524.31$1,400
Apr 2001032724.685.34$1,745
Mar 2001033624.545.38$1,806
Feb 2001027727.755.77$1,597
Jan 2001032227.478.40$2,704
Dec 2000062426.889.12$5,692
Nov 2000731,13632.215.66$8,779
Oct 2000082331.235.15$4,235
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 1997056817.582.25$1,276
Jun 1997072317.242.26$1,632
May 1997056618.972.31$1,307
Apr 1997087217.882.08$1,816
Mar 1997091618.951.94$1,776
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 1996044323.32$0
Nov 1996042821.97$0
Oct 1996076923.31$0
Sep 1996066022.22$0
Aug 1996042620.26$0
Jul 1996093319.55$0
Jun 1996064518.73$0
May 1996052819.43$0
Apr 1996066121.51$0
Mar 1996056019.38$0
Feb 1996044616.98$0
Jan 1996061717.07$0
Dec 1995046917.19$0
Nov 1995052916.00$0
Oct 1995060015.43$0
Sep 1995043016.18$0
Aug 1995049915.92$0
Jul 1995049315.24$0
Jun 1995072716.41$0
May 1995047417.56$0
Apr 1995051317.73$0
Mar 1995056416.44$0
Feb 1995067416.58$0
Jan 1995066915.92$0
Dec 19940015.03$0
Nov 1994045515.90$0
Oct 1994057915.58$0
Sep 1994058415.29$0
Aug 1994024216.13$0
Jul 1994055517.56$0
Jun 1994057917.09$0
May 1994054915.88$0
Apr 1994050414.14$0
Mar 1994035812.46$0
Feb 19940012.50$0
Jan 1994058912.66$0
Dec 1993040212.33$0
Nov 1993040214.49$0
Oct 1993018415.85$0
Sep 1993047315.03$0
Aug 1993016815.66$0
Jul 1993028415.46$0
Jun 1993035616.79$0
May 1993035617.68$0
Apr 1993073318.05$0
Mar 199301918.14$0
Feb 1993052917.90$0
Jan 1993039516.93$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 2013 — as filed, then multipliedworked
Condensate            26 bbl  × $ 97.42 =     $2,533
Gas                    0 Mcf  × $  3.78 =         $0

────────────────────────────────────────────────────
Month total                                   $2,533

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/122071 is the state's own key, not one this site invented.