NEWELL 12-8

Operated by VAN OPERATING, LTD. (P-5 881442) in the MATTHEWS, NORTH (GARDNER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 204324District 7BField 58326400CondensateGasSaveExport
Value, all time
$722 k
Sep 2004 – May 2022
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
213
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1991-01-05
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: EFF 4/1/01 CHANGE FIELD TYPE FROM ONE FIELD TO EXEMPT.

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
CondensateDisposition4,993 bbl$362,697
GasProduction57,075 Mcf$358,950
Total$721,648

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 32.7126, -99.4475. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.71256, -99.44747 · 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
5,200 ft
1 wells filed one
Completion to plug
14.8 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 5,200 ft.

Completions filed
Sep 2004
1 of 1 wells
Plug dates filed
Jul 2019
1 of 1 wells

Last completion to plug: a median of 14.8 years across the 1 well that filed both dates, with the middle half between 14.8 years and 14.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-417379841D5,200 ftSep 2004Jul 2019Yes

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 (213)

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

213 months

May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 2021125071.323.90$8,915
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20157055.212.96$386
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 2015021843.433.10$676
Dec 201415310854.693.59$8,755
Nov 2014019870.464.25$842
Oct 2014029778.303.90$1,159
Sep 201416525586.164.05$15,248
Aug 2014031289.394.04$1,259
Jul 201417930296.564.18$18,546
Jun 2014020398.164.74$962
May 2014034494.734.73$1,626
Apr 2014025595.944.81$1,226
Mar 2014015095.895.06$759
Feb 2014014597.406.19$898
Jan 201405790.404.86$277
Dec 20130891.824.35$35
Nov 20131822188.853.74$16,249
Oct 2013016297.423.78$612
Sep 20130175104.113.72$651
Aug 20130205104.253.52$722
Jul 20130196102.523.72$729
Jun 2013020994.403.93$822
May 2013019594.834.15$809
Apr 2013016693.964.28$711
Mar 2013013093.623.91$509
Feb 2013018191.233.42$619
Jan 2013013791.603.42$469
Dec 201217926886.773.42$16,448
Nov 2012029986.953.62$1,084
Oct 2012034589.383.40$1,173
Sep 201217730294.672.92$17,638
Aug 2012036292.662.91$1,053
Jul 20120085.133.02$0
Jun 2012012579.822.52$315
May 2012023391.612.49$580
Apr 20120313101.652.00$625
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20121791598.092.73$17,599
Dec 2011015996.873.24$515
Nov 2011024395.723.31$805
Oct 2011025184.983.65$916
Sep 201113528283.623.99$12,413
Aug 201117829083.404.15$16,049
Jul 2011031894.144.52$1,436
Jun 201101792.904.64$79
May 2011014498.134.40$634
Apr 20110252105.964.33$1,092
Mar 2011022596.364.06$913
Feb 2011018985.644.18$790
Jan 201118427886.504.59$17,192
Dec 2010026285.734.35$1,139
Nov 2010024780.843.80$937
Oct 2010026478.103.51$926
Sep 2010024672.633.98$979
Aug 201017828173.684.42$14,357
Jul 2010026772.554.74$1,265
Jun 2010019170.364.91$938
May 2010028971.124.24$1,224
Apr 201017426981.694.12$15,323
Mar 2010018978.394.39$829
Feb 2010028473.585.44$1,546
Jan 2010022174.365.96$1,318
Dec 20090071.445.48$0
Nov 200906474.593.75$240
Oct 2009014072.544.11$575
Sep 2009014865.543.06$454
Aug 2009032867.423.22$1,056
Jul 200917824161.133.46$11,716
Jun 2009038566.163.90$1,500
May 2009039554.743.93$1,551
Apr 2009041446.773.59$1,485
Mar 200917537242.144.06$8,884
Feb 2009031432.814.63$1,455
Jan 200917634935.865.37$8,186
Dec 2008037737.105.98$2,253
Nov 200817233355.496.86$11,829
Oct 2008031275.246.92$2,160
Sep 20080368101.767.88$2,899
Aug 20080400114.228.48$3,393
Jul 20080198131.0811.39$2,255
Jun 2008178311131.3313.03$27,430
May 20080363123.1711.57$4,201
Apr 20080404110.3110.45$4,224
Mar 20080115101.909.66$1,111
Feb 2008014592.538.77$1,272
Jan 2008022390.388.21$1,830
Dec 2007032088.337.30$2,337
Nov 200716842191.677.29$18,470
Oct 2007035282.856.92$2,437
Sep 2007039475.846.24$2,460
Aug 2007038369.066.39$2,447
Jul 2007045170.906.39$2,881
Jun 200717548062.007.55$14,473
May 2007052758.747.85$4,135
Apr 2007054059.617.81$4,215
Mar 200717659556.927.30$14,363
Feb 2007050055.108.22$4,108
Jan 200717936250.306.73$11,439
Dec 2006062056.656.92$4,289
Nov 2006042854.207.62$3,260
Oct 200617051254.906.01$12,412
Sep 2006069460.085.04$3,496
Aug 200618178768.717.34$18,213
Jul 200617949469.376.34$15,551
Jun 2006055066.286.38$3,511
May 200617660666.016.42$15,511
Apr 2006071564.397.36$5,263
Mar 200617184556.707.08$15,681
Feb 2006080657.597.75$6,247
Jan 200617298760.598.93$19,239
Dec 20051721,48254.9413.42$29,331
Nov 2005071954.6910.59$7,613
Oct 20050058.3413.80$0
Sep 200503361.4512.08$399
Aug 20050061.519.80$0
Jul 200502655.697.84$204
Jun 200504152.337.38$303
May 2005068345.226.65$4,543
Apr 200501,38349.207.36$10,180
Mar 2005011250.377.15$801
Feb 200501,53645.226.31$9,695
Jan 200502,97443.166.32$18,802
Dec 200403,64939.866.75$24,635
Nov 200404,17945.286.33$26,455
Oct 200404,32049.706.52$28,145
Sep 200403,32143.245.28$17,548

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.

Dec 2021 — as filed, then multipliedworked
Condensate           125 bbl  × $ 71.32 =     $8,915
Gas                    0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                   $8,915

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/204324 is the state's own key, not one this site invented.