MORALES "55"

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 260864District 7BField 85948100GasSave
Value, all time
$151 k
Jun 2011 – Dec 2018
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
91
no gaps in the span
Streams
1
gas

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
GasProduction45,481 Mcf$151,150
Total$151,150

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 32.6646, -98.6350. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.66458, -98.63498 · 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
2,503 ft
1 wells filed one
Completion to plug
7.5 years
median over 1 wells

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 2,503 ft.

Completions filed
Jun 2011
1 of 1 wells
Plug dates filed
Dec 2018
1 of 1 wells

Last completion to plug: a median of 7.5 years across the 1 well that filed both dates, with the middle half between 7.5 years and 7.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4293667222,503 ftJun 2011Dec 2018Yes

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 (91)

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

91 months

Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 201810763.842.90$310
Mar 201812061.222.79$334
Feb 20188961.782.77$246
Jan 201816262.874.01$650
Dec 201713457.272.92$391
Nov 201713355.423.12$415
Oct 201714449.292.98$430
Sep 201714347.523.09$441
Aug 201719045.373.00$571
Jul 201720043.873.09$617
Jun 201721342.493.09$658
May 201713645.373.26$444
Apr 201712347.933.21$395
Mar 201715146.772.98$451
Feb 201716550.452.95$487
Jan 201719949.413.42$680
Dec 201618148.763.72$674
Nov 201610442.492.64$275
Oct 201621746.193.09$671
Sep 201619141.553.10$592
Aug 201615641.442.92$456
Jul 201612741.622.92$371
Jun 201614645.352.69$392
May 201618942.521.99$376
Apr 201618736.561.99$372
Mar 201615833.011.79$283
Feb 201620426.472.06$421
Jan 201622727.352.36$537
Dec 201524232.362.00$484
Nov 201527038.792.17$585
Oct 201531043.552.43$752
Sep 201531742.992.76$874
Aug 201525340.162.87$727
Jul 201518248.152.95$536
Jun 201515956.152.88$458
May 201518055.212.96$532
Apr 201529049.822.71$785
Mar 201533442.892.93$980
Feb 201530544.662.98$908
Jan 201535843.433.10$1,110
Dec 201435054.693.59$1,257
Nov 201432570.464.25$1,382
Oct 201433578.303.90$1,307
Sep 201434786.164.05$1,404
Aug 201438289.394.04$1,541
Jul 201442096.564.18$1,755
Jun 201433198.164.74$1,568
May 201437694.734.73$1,777
Apr 201435695.944.81$1,712
Mar 201436495.895.06$1,841
Feb 201429997.406.19$1,851
Jan 201443290.404.86$2,100
Dec 201337491.824.35$1,629
Nov 201343988.853.74$1,641
Oct 201340797.423.78$1,538
Sep 2013345104.113.72$1,283
Aug 2013157104.253.52$553
Jul 2013397102.523.72$1,476
Jun 201337994.403.93$1,491
May 201355794.834.15$2,311
Apr 201338993.964.28$1,666
Mar 201338993.623.91$1,522
Feb 201351591.233.42$1,761
Jan 201358691.603.42$2,004
Dec 201268186.773.42$2,329
Nov 201296586.953.62$3,498
Oct 20121,17689.383.40$3,998
Sep 20121,41994.672.92$4,141
Aug 20121,84692.662.91$5,368
Jul 20122,06485.133.02$6,235
Jun 20121,83379.822.52$4,617
May 20121,66591.612.49$4,143
Apr 20121,308101.652.00$2,612
Mar 20122,310105.052.22$5,133
Feb 20121,581101.102.57$4,064
Jan 201288998.092.73$2,431
Dec 20111,22296.873.24$3,959
Nov 20111,19595.723.31$3,957
Oct 20111,24584.983.65$4,542
Sep 20112,19083.623.99$8,729
Aug 20112,68783.404.15$11,149
Jul 20112,25894.144.52$10,200
Jun 2011092.904.64$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.

Apr 2018 — as filed, then multipliedworked
Gas                  107 Mcf  × $  2.90 =       $310

────────────────────────────────────────────────────
Month total                                     $310

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/260864 is the state's own key, not one this site invented.