PHILLIPS

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

Gas lease lease 18480District 7BField 90813810NGPA filingCondensateGasSaveExport
Value, all time
$34 k
Jan 1993 – Sep 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
261
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 22 leases and 23 wells, and the rule below applies to all of them.

Discovered
1954-10-17
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: EFFECTIVE 11/01/82

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
CondensateDisposition8 bbl$414
GasProduction16,735 Mcf$33,439
Total$33,853

7,987 Mcf of this lease's gas, across 44 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 32.9759, -97.8786. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.97588, -97.87859 · 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
3,744 ft
1 wells filed one
Completion to plug
55.0 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 3,744 ft.

Completions filed
Sep 1959
1 of 1 wells
Plug dates filed
Sep 2014
1 of 1 wells

Last completion to plug: a median of 55.0 years across the 1 well that filed both dates, with the middle half between 55.0 years and 55.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3670033913,744 ftSep 1959Sep 2014Yes

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 (261)

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

261 months

Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
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 20070088.337.30$0
Nov 20074091.677.29$367
Oct 20070082.856.92$0
Sep 20070175.846.24$6
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200701158.747.85$86
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 20060568.717.34$37
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 200505645.226.65$372
Apr 200502749.207.36$199
Mar 2005013150.377.15$937
Feb 200507145.226.31$448
Jan 200506943.166.32$436
Dec 200402839.866.75$189
Nov 200404145.286.33$260
Oct 200402849.706.52$182
Sep 200406143.245.28$322
Aug 200402842.375.55$155
Jul 200402638.286.08$158
Jun 200402836.106.43$180
May 2004014337.486.49$929
Apr 2004013934.475.86$814
Mar 2004013634.365.53$752
Feb 2004010432.455.51$573
Jan 200401732.036.30$107
Dec 200302030.266.30$126
Nov 2003017128.804.60$786
Oct 2003015228.174.76$723
Sep 2003019626.314.75$931
Aug 2003019729.765.13$1,011
Jul 2003020929.415.17$1,081
Jun 200307028.565.98$419
May 2003014526.595.97$866
Apr 200308226.675.41$443
Mar 2003011531.146.10$701
Feb 200304233.487.93$333
Jan 200303430.315.58$190
Dec 200208326.914.85$403
Nov 200208424.664.14$348
Oct 2002010426.464.23$440
Sep 200207227.443.64$262
Aug 200203025.963.16$95
Jul 200205124.583.06$156
Jun 200203223.733.34$107
May 200202024.663.58$72
Apr 200203223.653.51$112
Mar 200202822.003.10$87
Feb 200203018.222.38$71
Jan 200201617.172.38$38
Dec 20010016.932.36$0
Nov 200101118.072.41$26
Oct 200101219.782.53$30
Sep 200101124.262.25$25
Aug 200101124.873.05$34
Jul 200101123.933.20$35
Jun 20010024.563.82$0
May 200106225.524.31$267
Apr 200105224.685.34$277
Mar 20010024.545.38$0
Feb 200103127.755.77$179
Jan 200104427.478.40$370
Dec 200006126.889.12$556
Nov 200007732.215.66$436
Oct 200007631.235.15$391
Sep 200008831.875.19$456
Aug 2000011229.644.54$509
Jul 2000012528.534.09$511
Jun 2000025029.304.40$1,099
May 2000014427.263.68$530
Apr 20000024.513.12$0
Mar 2000010228.422.86$292
Feb 20000027.622.73$0
Jan 2000010125.272.48$251
Dec 19990024.282.42$0
Nov 199909223.192.43$224
Oct 1999022920.982.80$642
Sep 1999010421.752.62$272
Aug 19990019.262.88$0
Jul 199909917.892.37$235
Jun 19990015.942.36$0
May 199906015.792.32$139
Apr 199905415.102.21$119
Mar 19990012.471.84$0
Feb 19990509.981.82$91
Jan 19990010.381.90$0
Dec 19980539.201.77$94
Nov 199803810.892.19$83
Oct 1998016212.421.97$319
Sep 1998117912.592.08$385
Aug 1998123611.301.91$461
Jul 1998220711.742.24$487
Jun 1998024011.242.24$537
May 1998013412.622.21$296
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 1998018613.952.30$428
Jan 1998016014.702.15$345
Dec 1997022616.322.41$545
Nov 1997032218.193.09$994
Oct 1997023419.253.15$737
Sep 1997016717.742.95$493
Aug 1997025217.862.55$644
Jul 19970017.582.25$0
Jun 1997012217.242.26$275
May 1997014918.972.31$344
Apr 1997014917.882.08$310
Mar 1997010318.951.94$200
Feb 199709120.492.21$201
Jan 1997010423.483.54$368
Dec 1996015623.32$0
Nov 1996015721.97$0
Oct 1996013023.31$0
Sep 1996012022.22$0
Aug 1996014520.26$0
Jul 1996014119.55$0
Jun 1996017018.73$0
May 1996012019.43$0
Apr 1996010121.51$0
Mar 1996013619.38$0
Feb 1996013716.98$0
Jan 1996021417.07$0
Dec 1995036817.19$0
Nov 1995035016.00$0
Oct 1995035815.43$0
Sep 1995033116.18$0
Aug 1995027515.92$0
Jul 1995019515.24$0
Jun 1995017016.41$0
May 1995018617.56$0
Apr 1995011217.73$0
Mar 1995015816.44$0
Feb 199508616.58$0
Jan 1995015515.92$0
Dec 1994019715.03$0
Nov 1994020015.90$0
Oct 1994022515.58$0
Sep 1994021515.29$0
Aug 1994021816.13$0
Jul 1994018417.56$0
Jun 1994018817.09$0
May 1994026115.88$0
Apr 1994021014.14$0
Mar 1994015512.46$0
Feb 1994013512.50$0
Jan 1994018112.66$0
Dec 1993015512.33$0
Nov 1993014714.49$0
Oct 199309815.85$0
Sep 1993011615.03$0
Aug 1993011415.66$0
Jul 1993010015.46$0
Jun 1993010016.79$0
May 1993031717.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Nov 2007 — as filed, then multipliedworked
Condensate             4 bbl  × $ 91.67 =       $367
Gas                    0 Mcf  × $  7.29 =         $0

────────────────────────────────────────────────────
Month total                                     $367

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/18480 is the state's own key, not one this site invented.