SCOTT "A"

Operated by BACON ENERGY (P-5 42398) in the HANVEY (LAKE SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 197294District 7BField 38822450GasSaveExport
Value, all time
$31 k
Sep 2003 – Jun 2007
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
46
no gaps in the span
Streams
1
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 44 leases and 50 wells, and the rule below applies to all of them.

Discovered
1983-10-01
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 12/01/89.

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
GasProduction4,470 Mcf$31,116
Total$31,116

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 32.4104, -98.9899. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41043, -98.98989 · 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
0.0%
0 of 1 wells
Median depth
4,098 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 4,098 ft.

Completions filed
Apr 2007
1 of 1 wells

1 well

42-1333406714,098 ftApr 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 (46)

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

46 months

Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 200729656.927.30$2,161
Feb 2007055.108.22$0
Jan 200730450.306.73$2,045
Dec 200617956.656.92$1,238
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 20065366.286.38$338
May 20068266.016.42$527
Apr 20069464.397.36$692
Mar 200610256.707.08$722
Feb 200610857.597.75$837
Jan 20069860.598.93$875
Dec 20058954.9413.42$1,194
Nov 20058854.6910.59$932
Oct 20058858.3413.80$1,214
Sep 200510561.4512.08$1,268
Aug 200511661.519.80$1,136
Jul 200511755.697.84$918
Jun 200514752.337.38$1,085
May 200517945.226.65$1,191
Apr 200516849.207.36$1,237
Mar 2005250.377.15$14
Feb 2005245.226.31$13
Jan 2005243.166.32$13
Dec 2004239.866.75$14
Nov 2004245.286.33$13
Oct 200416049.706.52$1,042
Sep 200416343.245.28$861
Aug 200416942.375.55$938
Jul 200416638.286.08$1,010
Jun 20049036.106.43$579
May 20044237.486.49$273
Apr 20046034.475.86$352
Mar 20046334.365.53$348
Feb 20046332.455.51$347
Jan 200413332.036.30$838
Dec 200328030.266.30$1,764
Nov 200326028.804.60$1,195
Oct 200313628.174.76$647
Sep 200326226.314.75$1,244

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
Gas                  296 Mcf  × $  7.30 =     $2,161

────────────────────────────────────────────────────
Month total                                   $2,161

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/197294 is the state's own key, not one this site invented.