MITCHAM, G. P.

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 124406District 7BField 76490300NGPA filingCondensateGasSaveExport
Value, all time
$452 k
Jan 1993 – Jun 2008
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
186
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
CondensateDisposition9,567 bbl$191,343
GasProduction155,176 Mcf$260,872
Total$452,214

76,144 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 32.4807, -99.0143. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.48072, -99.01425 · 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
4,011 ft
1 wells filed one
Completion to plug
9 months
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 4,011 ft.

Completions filed
Nov 2006
1 of 1 wells
Plug dates filed
Aug 2007
1 of 1 wells

Last completion to plug: a median of 9 months across the 1 well that filed both dates, with the middle half between 9 months and 9 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1333697414,011 ftNov 2006Aug 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 (186)

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

186 months

Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 2008710110.3110.45$7,832
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
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 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006053654.906.01$3,223
Sep 2006029260.085.04$1,471
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 200401132.036.30$69
Dec 2003031130.266.30$1,960
Nov 20030028.804.60$0
Oct 2003033428.174.76$1,590
Sep 2003056726.314.75$2,693
Aug 2003013729.765.13$703
Jul 2003044129.415.17$2,280
Jun 2003036428.565.98$2,178
May 2003042726.595.97$2,550
Apr 2003034526.675.41$1,866
Mar 2003535631.146.10$2,326
Feb 20031432633.487.93$3,053
Jan 2003820030.315.58$1,359
Dec 20021535826.914.85$2,141
Nov 2002937724.664.14$1,782
Oct 2002720626.464.23$1,056
Sep 20021022527.443.64$1,092
Aug 200218812025.963.16$5,260
Jul 200219652424.583.06$6,422
Jun 2002056223.733.34$1,876
May 2002082424.663.58$2,953
Apr 200222784923.653.51$8,351
Mar 2002086022.003.10$2,668
Feb 2002127518.222.38$672
Jan 2002248417.172.38$1,184
Dec 200117239916.932.36$3,855
Nov 2001516618.072.41$490
Oct 200114629319.782.53$3,629
Sep 2001024424.262.25$549
Aug 2001027824.873.05$849
Jul 20011488323.933.20$3,158
Jun 2001094924.563.82$3,629
May 20011399225.524.31$4,605
Apr 20011551,03524.685.34$9,347
Mar 20011296224.545.38$5,467
Feb 20011691,35827.755.77$12,521
Jan 200101,34027.478.40$11,254
Dec 20001741,30626.889.12$16,591
Nov 20001641,38532.215.66$13,119
Oct 200001,43631.235.15$7,389
Sep 200014899031.875.19$9,851
Aug 200001,10029.644.54$4,995
Jul 20001531,20628.534.09$9,297
Jun 20001721,18829.304.40$10,264
May 200001,15427.263.68$4,246
Apr 20001131,13624.513.12$6,309
Mar 20001251,15928.422.86$6,867
Feb 20001541,19427.622.73$7,509
Jan 20001701,27125.272.48$7,449
Dec 19991761,36524.282.42$7,582
Nov 19993211,33023.192.43$10,681
Oct 19991511,38620.982.80$7,054
Sep 19991721,13421.752.62$6,711
Aug 199901,09219.262.88$3,140
Jul 199901,04917.892.37$2,489
Jun 19991311,24715.942.36$5,034
May 199901,25515.792.32$2,913
Apr 199901,21415.102.21$2,681
Mar 19991581,21812.471.84$4,209
Feb 19991731,2349.981.82$3,970
Jan 19991221,29110.381.90$3,719
Dec 19981651,3499.201.77$3,910
Nov 199801,31410.892.19$2,872
Oct 19981671,31212.421.97$4,658
Sep 199801,35912.592.08$2,830
Aug 199801,39411.301.91$2,659
Jul 19981411,35711.742.24$4,691
Jun 199801,31411.242.24$2,940
May 19981401,26512.622.21$4,558
Apr 19981091,24713.042.51$4,546
Mar 199801,24512.802.31$2,875
Feb 19981781,20713.952.30$5,258
Jan 19981771,25514.702.15$5,306
Dec 19971661,32916.322.41$5,913
Nov 199701,31518.193.09$4,061
Oct 19971671,25319.253.15$7,161
Sep 199701,24117.742.95$3,667
Aug 19971251,25117.862.55$5,428
Jul 199701,22617.582.25$2,755
Jun 1997861,16917.242.26$4,121
May 199701,22218.972.31$2,821
Apr 19971271,21717.882.08$4,806
Mar 199701,21918.951.94$2,364
Feb 199701,20220.492.21$2,651
Jan 19971481,22023.483.54$7,793
Dec 199601,21823.32$0
Nov 19961131,19021.97$2,483
Oct 199601,20623.31$0
Sep 199601,20322.22$0
Aug 199601,28120.26$0
Jul 19961281,29119.55$2,502
Jun 199601,33418.73$0
May 19961471,39119.43$2,856
Apr 199601,35821.51$0
Mar 19961321,36919.38$2,558
Feb 199601,39916.98$0
Jan 19961731,55917.07$2,953
Dec 19953331,56417.19$5,724
Nov 199511,56316.00$16
Oct 19951651,50215.43$2,546
Sep 19951291,35016.18$2,087
Aug 19951451,28715.92$2,308
Jul 199501,31215.24$0
Jun 19951721,27516.41$2,823
May 199501,32917.56$0
Apr 199501,37517.73$0
Mar 19951501,59916.44$2,466
Feb 199501,29016.58$0
Jan 19951641,33815.92$2,611
Dec 199401,47815.03$0
Nov 19941061,50615.90$1,685
Oct 199401,46115.58$0
Sep 199401,38515.29$0
Aug 199401,34216.13$0
Jul 199401,11117.56$0
Jun 199401,22517.09$0
May 19941051,61515.88$1,667
Apr 199401,67814.14$0
Mar 19941331,71312.46$1,657
Feb 199401,59712.50$0
Jan 199401,83312.66$0
Dec 19931491,95312.33$1,837
Nov 19931652,03614.49$2,391
Oct 199302,01415.85$0
Sep 19931322,01515.03$1,984
Aug 19931412,02715.66$2,208
Jul 199302,07015.46$0
Jun 19931182,19216.79$1,981
May 199302,20617.68$0
Apr 199302,18518.05$0
Mar 19932732,27718.14$4,952
Feb 19931812,22617.90$3,240
Jan 199302,41616.93$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.

Apr 2008 — as filed, then multipliedworked
Condensate            71 bbl  × $110.31 =     $7,832
Gas                    0 Mcf  × $ 10.45 =         $0

────────────────────────────────────────────────────
Month total                                   $7,832

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/124406 is the state's own key, not one this site invented.