MADISON "A"

Operated by WG OPERATING, INC. (P-5 913425) in the BROWN COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 126406District 7BField 12406001CondensateGasSaveExport
Value, all time
$6 k
Jan 1993 – Jul 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
175
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 1,213 leases and 2,962 wells, and the rule below applies to all of them.

Discovered
1917-12-31
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

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
CondensateDisposition61 bbl$1,162
GasProduction12,510 Mcf$4,783
Total$5,945

10,516 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 32.0300, -99.0680. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.03000, -99.06803 · 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
3,325 ft
1 wells filed one
Completion to plug
25.4 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 3,325 ft.

Completions filed
Feb 1982
1 of 1 wells
Plug dates filed
Jul 2007
1 of 1 wells

Last completion to plug: a median of 25.4 years across the 1 well that filed both dates, with the middle half between 25.4 years and 25.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0493263323,325 ftFeb 1982Jul 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 (175)

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

175 months

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 20060054.906.01$0
Sep 20060060.085.04$0
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 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
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 19990217.892.37$5
Jun 19990715.942.36$17
May 199902915.792.32$67
Apr 199903515.102.21$77
Mar 199904212.471.84$77
Feb 19990409.981.82$73
Jan 199903010.381.90$57
Dec 19980349.201.77$60
Nov 199804410.892.19$96
Oct 199803512.421.97$69
Sep 199802612.592.08$54
Aug 199803511.301.91$67
Jul 199804311.742.24$96
Jun 199805011.242.24$112
May 199805612.622.21$124
Apr 199804613.042.51$115
Mar 199804512.802.31$104
Feb 199804513.952.30$103
Jan 199805914.702.15$127
Dec 199706816.322.41$164
Nov 199707918.193.09$244
Oct 199708419.253.15$265
Sep 199709217.742.95$272
Aug 1997010417.862.55$266
Jul 1997011217.582.25$252
Jun 1997011317.242.26$255
May 1997011618.972.31$268
Apr 1997012317.882.08$256
Mar 1997012718.951.94$246
Feb 1997012820.492.21$282
Jan 1997014523.483.54$513
Dec 1996015723.32$0
Nov 1996016821.97$0
Oct 1996517723.31$117
Sep 19961017922.22$222
Aug 19961018520.26$203
Jul 19961017219.55$196
Jun 1996017818.73$0
May 1996017719.43$0
Apr 1996019321.51$0
Mar 1996019319.38$0
Feb 1996017916.98$0
Jan 1996015817.07$0
Dec 1995023017.19$0
Nov 1995921616.00$144
Oct 1995920115.43$139
Sep 1995016616.18$0
Aug 1995019515.92$0
Jul 1995019115.24$0
Jun 1995018916.41$0
May 1995020317.56$0
Apr 1995818617.73$142
Mar 1995017216.44$0
Feb 1995017816.58$0
Jan 1995023815.92$0
Dec 1994024315.03$0
Nov 1994025715.90$0
Oct 1994026715.58$0
Sep 1994024515.29$0
Aug 1994022816.13$0
Jul 1994022717.56$0
Jun 1994022517.09$0
May 1994026615.88$0
Apr 1994024614.14$0
Mar 1994025312.46$0
Feb 1994022912.50$0
Jan 1994024112.66$0
Dec 1993025512.33$0
Nov 1993025014.49$0
Oct 1993025115.85$0
Sep 1993024215.03$0
Aug 1993023915.66$0
Jul 1993024215.46$0
Jun 1993025616.79$0
May 1993025817.68$0
Apr 1993027218.05$0
Mar 1993030318.14$0
Feb 1993022417.90$0
Jan 1993031616.93$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.

Jul 1999 — as filed, then multipliedworked
Condensate             0 bbl  × $ 17.89 =         $0
Gas                    2 Mcf  × $  2.37 =         $5

────────────────────────────────────────────────────
Month total                                       $5

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/126406 is the state's own key, not one this site invented.