KUPPS, M. V.

Operated by FALCON MINERALS, LTD. (P-5 259866) in the RICHEY (DUFFER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 124404District 7BField 76490300NGPA filingCondensateGasSaveExport
Value, all time
$406 k
Jan 1993 – Aug 2007
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
176
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 28 leases and 29 wells, and the rule below applies to all of them.

Discovered
1983-11-02
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: ALLOCATION FORMULA EFFECTIVE 11/01/2002.

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
CondensateDisposition47 bbl$1,222
GasProduction122,329 Mcf$404,897
Total$406,119

31,531 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 32.4786, -99.0188. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.47864, -99.01884 · 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
4,100 ft
1 wells filed one
Completion to plug
5.2 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 4,100 ft.

Completions filed
Jun 2002
1 of 1 wells
Plug dates filed
Aug 2007
1 of 1 wells

Last completion to plug: a median of 5.2 years across the 1 well that filed both dates, with the middle half between 5.2 years and 5.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1333698714,100 ftJun 2002Aug 2007Yes

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 (176)

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

176 months

Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 200703056.927.30$219
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 200602556.656.92$173
Nov 2006016254.207.62$1,234
Oct 2006010554.906.01$631
Sep 200604160.085.04$207
Aug 200605568.717.34$404
Jul 2006026669.376.34$1,687
Jun 2006016066.286.38$1,021
May 2006017366.016.42$1,112
Apr 200608964.397.36$655
Mar 200609356.707.08$659
Feb 200609057.597.75$698
Jan 2006011260.598.93$1,001
Dec 2005026054.9413.42$3,488
Nov 200501,59754.6910.59$16,910
Oct 2005026658.3413.80$3,670
Sep 2005032661.4512.08$3,938
Aug 2005041661.519.80$4,075
Jul 2005041155.697.84$3,224
Jun 2005051952.337.38$3,831
May 2005053445.226.65$3,552
Apr 2005061549.207.36$4,527
Mar 200501,64150.377.15$11,741
Feb 2005036645.226.31$2,310
Jan 2005045843.166.32$2,896
Dec 2004042339.866.75$2,856
Nov 2004055545.286.33$3,513
Oct 2004049449.706.52$3,218
Sep 200401043.245.28$53
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 2004074237.486.49$4,819
Apr 2004010034.475.86$586
Mar 2004015134.365.53$835
Feb 200408032.455.51$441
Jan 2004010632.036.30$668
Dec 2003013730.266.30$863
Nov 2003026528.804.60$1,218
Oct 2003017428.174.76$828
Sep 2003013326.314.75$632
Aug 2003013129.765.13$672
Jul 2003010029.415.17$517
Jun 200308328.565.98$497
May 2003010826.595.97$645
Apr 2003011426.675.41$616
Mar 2003013231.146.10$805
Feb 2003010633.487.93$840
Jan 2003015030.315.58$837
Dec 2002011926.914.85$578
Nov 200207724.664.14$319
Oct 2002010426.464.23$440
Sep 2002013727.443.64$498
Aug 2002036625.963.16$1,158
Jul 2002039324.583.06$1,203
Jun 200201,97723.733.34$6,600
May 200204,59424.663.58$16,465
Apr 200204,21423.653.51$14,801
Mar 200203,96122.003.10$12,290
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001093216.932.36$2,204
Nov 200151,53918.072.41$3,792
Oct 2001058819.782.53$1,487
Sep 200102,19224.262.25$4,935
Aug 200102,13924.873.05$6,531
Jul 200102,82123.933.20$9,019
Jun 200102,54224.563.82$9,721
May 2001132,76525.524.31$12,242
Apr 200102,48124.685.34$13,237
Mar 2001122,48224.545.38$13,639
Feb 200151,78427.755.77$10,427
Jan 200102,65327.478.40$22,282
Dec 200002,93726.889.12$26,793
Nov 2000112,81732.215.66$16,293
Oct 200002,99331.235.15$15,400
Sep 200004,03131.875.19$20,907
Aug 200001,31829.644.54$5,985
Jul 2000072728.534.09$2,973
Jun 2000047129.304.40$2,071
May 2000057527.263.68$2,116
Apr 2000058124.513.12$1,810
Mar 2000062728.422.86$1,793
Feb 2000084027.622.73$2,290
Jan 200001,00925.272.48$2,503
Dec 199901,09624.282.42$2,656
Nov 199901,01023.192.43$2,458
Oct 199901,13720.982.80$3,188
Sep 1999040221.752.62$1,053
Aug 1999035319.262.88$1,015
Jul 1999032017.892.37$759
Jun 1999028115.942.36$664
May 1999029215.792.32$678
Apr 1999033615.102.21$742
Mar 1999061012.471.84$1,121
Feb 199908639.981.82$1,569
Jan 199901,12510.381.90$2,137
Dec 199801,0809.201.77$1,915
Nov 1998034710.892.19$758
Oct 1998034712.421.97$683
Sep 1998033912.592.08$706
Aug 1998036011.301.91$687
Jul 1998035211.742.24$788
Jun 1998031311.242.24$700
May 1998031812.622.21$702
Apr 1998030613.042.51$767
Mar 1998130812.802.31$724
Feb 1998042313.952.30$973
Jan 1998063914.702.15$1,377
Dec 1997067416.322.41$1,625
Nov 1997033418.193.09$1,031
Oct 1997027419.253.15$863
Sep 1997039717.742.95$1,173
Aug 1997044117.862.55$1,127
Jul 1997040717.582.25$915
Jun 1997031417.242.26$709
May 1997039818.972.31$919
Apr 1997038717.882.08$806
Mar 1997041418.951.94$803
Feb 1997038620.492.21$851
Jan 1997052523.483.54$1,858
Dec 1996052723.32$0
Nov 1996052221.97$0
Oct 1996051623.31$0
Sep 1996040122.22$0
Aug 1996045720.26$0
Jul 1996045619.55$0
Jun 1996052918.73$0
May 1996060819.43$0
Apr 1996059321.51$0
Mar 1996070919.38$0
Feb 1996068916.98$0
Jan 199601,03917.07$0
Dec 199501,04917.19$0
Nov 199501,00316.00$0
Oct 199501,03315.43$0
Sep 1995075816.18$0
Aug 1995065115.92$0
Jul 1995064815.24$0
Jun 1995058316.41$0
May 1995059817.56$0
Apr 1995061117.73$0
Mar 1995063016.44$0
Feb 1995040116.58$0
Jan 1995051015.92$0
Dec 1994064815.03$0
Nov 1994065815.90$0
Oct 1994064715.58$0
Sep 1994058715.29$0
Aug 1994059116.13$0
Jul 1994058817.56$0
Jun 1994054217.09$0
May 1994042215.88$0
Apr 1994039314.14$0
Mar 1994042912.46$0
Feb 1994058212.50$0
Jan 1994064612.66$0
Dec 1993069412.33$0
Nov 1993075714.49$0
Oct 1993074815.85$0
Sep 1993071815.03$0
Aug 1993066715.66$0
Jul 1993068615.46$0
Jun 1993071816.79$0
May 1993078917.68$0
Apr 1993080618.05$0
Mar 1993086218.14$0
Feb 1993084117.90$0
Jan 1993099116.93$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.

Mar 2007 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.92 =         $0
Gas                   30 Mcf  × $  7.30 =       $219

────────────────────────────────────────────────────
Month total                                     $219

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/124404 is the state's own key, not one this site invented.