LINK SW-57

Name: LINK SW-57 lease production and value, Oct 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MARJAC OIL COMPANY, INC. (P-5 526262) in the STEPHENS COUNTY REGULAR (GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 197803District 7BField 85948100GasSave Export

Value, all time

$316 k

Oct 2003 – Aug 2016

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

155

no gaps in the span

Streams

gas

The STEPHENS COUNTY REGULAR (GAS) field

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 635 leases and 635 wells, and the rule below applies to all of them.

Discovered

1943-12-02

as the register files it

Field class

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: “FIELD CHANGED FROM EXEMPT TO PRORATED EFFECTIVE 07/01/22.”

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.

Stream	Basis	Volume	Value
Gas	Production	55,858 Mcf	$316,442
Total			$316,442

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 32.6622, -98.6057. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.66219, -98.60574 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

3,013 ft

1 wells filed one

Completion to plug

12.8 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 3,013 ft.

Completions filed

Oct 2003

1 of 1 wells

Plug dates filed

Aug 2016

1 of 1 wells

Last completion to plug: a median of 12.8 years across the 1 well that filed both dates, with the middle half between 12.8 years and 12.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-42935654	1	3,013 ft	Oct 2003	Aug 2016	Yes

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 (155)

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

155 months


Aug 2016	0	41.44	2.92	$0
Jul 2016	0	41.62	2.92	$0
Jun 2016	0	45.35	2.69	$0
May 2016	0	42.52	1.99	$0
Apr 2016	0	36.56	1.99	$0
Mar 2016	0	33.01	1.79	$0
Feb 2016	60	26.47	2.06	$124
Jan 2016	84	27.35	2.36	$199
Dec 2015	0	32.36	2.00	$0
Nov 2015	0	38.79	2.17	$0
Oct 2015	89	43.55	2.43	$216
Sep 2015	365	42.99	2.76	$1,007
Aug 2015	422	40.16	2.87	$1,212
Jul 2015	325	48.15	2.95	$957
Jun 2015	353	56.15	2.88	$1,018
May 2015	408	55.21	2.96	$1,206
Apr 2015	318	49.82	2.71	$861
Mar 2015	321	42.89	2.93	$942
Feb 2015	262	44.66	2.98	$780
Jan 2015	345	43.43	3.10	$1,070
Dec 2014	182	54.69	3.59	$654
Nov 2014	202	70.46	4.25	$859
Oct 2014	213	78.30	3.90	$831
Sep 2014	213	86.16	4.05	$862
Aug 2014	177	89.39	4.04	$714
Jul 2014	204	96.56	4.18	$853
Jun 2014	232	98.16	4.74	$1,099
May 2014	259	94.73	4.73	$1,224
Apr 2014	232	95.94	4.81	$1,116
Mar 2014	257	95.89	5.06	$1,300
Feb 2014	198	97.40	6.19	$1,226
Jan 2014	205	90.40	4.86	$996
Dec 2013	202	91.82	4.35	$880
Nov 2013	246	88.85	3.74	$920
Oct 2013	266	97.42	3.78	$1,005
Sep 2013	285	104.11	3.72	$1,060
Aug 2013	291	104.25	3.52	$1,025
Jul 2013	350	102.52	3.72	$1,301
Jun 2013	329	94.40	3.93	$1,294
May 2013	387	94.83	4.15	$1,606
Apr 2013	405	93.96	4.28	$1,734
Mar 2013	381	93.62	3.91	$1,491
Feb 2013	394	91.23	3.42	$1,347
Jan 2013	407	91.60	3.42	$1,392
Dec 2012	271	86.77	3.42	$927
Nov 2012	297	86.95	3.62	$1,077
Oct 2012	176	89.38	3.40	$598
Sep 2012	159	94.67	2.92	$464
Aug 2012	166	92.66	2.91	$483
Jul 2012	214	85.13	3.02	$646
Jun 2012	250	79.82	2.52	$630
May 2012	230	91.61	2.49	$572
Apr 2012	270	101.65	2.00	$539
Mar 2012	290	105.05	2.22	$644
Feb 2012	303	101.10	2.57	$779
Jan 2012	276	98.09	2.73	$755
Dec 2011	286	96.87	3.24	$927
Nov 2011	186	95.72	3.31	$616
Oct 2011	181	84.98	3.65	$660
Sep 2011	190	83.62	3.99	$757
Aug 2011	211	83.40	4.15	$876
Jul 2011	259	94.14	4.52	$1,170
Jun 2011	314	92.90	4.64	$1,457
May 2011	356	98.13	4.40	$1,568
Apr 2011	300	105.96	4.33	$1,300
Mar 2011	272	96.36	4.06	$1,104
Feb 2011	100	85.64	4.18	$418
Jan 2011	246	86.50	4.59	$1,129
Dec 2010	295	85.73	4.35	$1,283
Nov 2010	353	80.84	3.80	$1,340
Oct 2010	417	78.10	3.51	$1,463
Sep 2010	308	72.63	3.98	$1,226
Aug 2010	223	73.68	4.42	$986
Jul 2010	234	72.55	4.74	$1,108
Jun 2010	281	70.36	4.91	$1,380
May 2010	264	71.12	4.24	$1,118
Apr 2010	201	81.69	4.12	$829
Mar 2010	239	78.39	4.39	$1,049
Feb 2010	281	73.58	5.44	$1,529
Jan 2010	344	74.36	5.96	$2,052
Dec 2009	148	71.44	5.48	$812
Nov 2009	152	74.59	3.75	$570
Oct 2009	120	72.54	4.11	$493
Sep 2009	146	65.54	3.06	$447
Aug 2009	211	67.42	3.22	$679
Jul 2009	259	61.13	3.46	$897
Jun 2009	253	66.16	3.90	$985
May 2009	104	54.74	3.93	$408
Apr 2009	773	46.77	3.59	$2,773
Mar 2009	741	42.14	4.06	$3,008
Feb 2009	422	32.81	4.63	$1,955
Jan 2009	60	35.86	5.37	$322
Dec 2008	178	37.10	5.98	$1,064
Nov 2008	254	55.49	6.86	$1,743
Oct 2008	265	75.24	6.92	$1,834
Sep 2008	272	101.76	7.88	$2,143
Aug 2008	221	114.22	8.48	$1,875
Jul 2008	266	131.08	11.39	$3,030
Jun 2008	282	131.33	13.03	$3,675
May 2008	288	123.17	11.57	$3,333
Apr 2008	312	110.31	10.45	$3,262
Mar 2008	288	101.90	9.66	$2,783
Feb 2008	287	92.53	8.77	$2,517
Jan 2008	313	90.38	8.21	$2,568
Dec 2007	338	88.33	7.30	$2,468
Nov 2007	318	91.67	7.29	$2,319
Oct 2007	303	82.85	6.92	$2,097
Sep 2007	309	75.84	6.24	$1,929
Aug 2007	295	69.06	6.39	$1,884
Jul 2007	340	70.90	6.39	$2,172
Jun 2007	336	62.00	7.55	$2,536
May 2007	294	58.74	7.85	$2,307
Apr 2007	310	59.61	7.81	$2,420
Mar 2007	299	56.92	7.30	$2,183
Feb 2007	283	55.10	8.22	$2,325
Jan 2007	357	50.30	6.73	$2,401
Dec 2006	594	56.65	6.92	$4,110
Nov 2006	266	54.20	7.62	$2,026
Oct 2006	12	54.90	6.01	$72
Sep 2006	372	60.08	5.04	$1,874
Aug 2006	406	68.71	7.34	$2,980
Jul 2006	438	69.37	6.34	$2,778
Jun 2006	404	66.28	6.38	$2,579
May 2006	380	66.01	6.42	$2,442
Apr 2006	387	64.39	7.36	$2,849
Mar 2006	393	56.70	7.08	$2,784
Feb 2006	347	57.59	7.75	$2,690
Jan 2006	376	60.59	8.93	$3,359
Dec 2005	382	54.94	13.42	$5,125
Nov 2005	376	54.69	10.59	$3,981
Oct 2005	339	58.34	13.80	$4,677
Sep 2005	473	61.45	12.08	$5,713
Aug 2005	576	61.51	9.80	$5,643
Jul 2005	417	55.69	7.84	$3,271
Jun 2005	586	52.33	7.38	$4,325
May 2005	405	45.22	6.65	$2,694
Apr 2005	432	49.20	7.36	$3,180
Mar 2005	434	50.37	7.15	$3,105
Feb 2005	503	45.22	6.31	$3,175
Jan 2005	423	43.16	6.32	$2,674
Dec 2004	579	39.86	6.75	$3,909
Nov 2004	296	45.28	6.33	$1,874
Oct 2004	343	49.70	6.52	$2,235
Sep 2004	835	43.24	5.28	$4,412
Aug 2004	879	42.37	5.55	$4,879
Jul 2004	983	38.28	6.08	$5,981
Jun 2004	877	36.10	6.43	$5,642
May 2004	1,569	37.48	6.49	$10,190
Apr 2004	2,307	34.47	5.86	$13,515
Mar 2004	1,870	34.36	5.53	$10,341
Feb 2004	986	32.45	5.51	$5,432
Jan 2004	1,125	32.03	6.30	$7,087
Dec 2003	1,383	30.26	6.30	$8,715
Nov 2003	1,740	28.80	4.60	$7,996
Oct 2003	856	28.17	4.76	$4,074

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.

Feb 2016 — as filed, then multipliedworked

Gas                   60 Mcf  × $  2.06 =       $124

────────────────────────────────────────────────────
Month total                                     $124

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/197803 is the state's own key, not one this site invented.