JORDAN, TOM -A-

Operated by VANTAGE FORT WORTH ENERGY LLC (P-5 882575) in the J. V. T. (CONGL. 4250) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 74007District 7BField 45214250NGPA filingCondensateGasSaveExport
Value, all time
$109 k
Jan 1993 – May 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
221
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 25 leases and 25 wells, and the rule below applies to all of them.

Discovered
1974-03-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: BE NOTIFIED PURSUANT TO SWR 31 (J).

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
CondensateDisposition29 bbl$681
GasProduction32,897 Mcf$108,018
Total$108,699

2,557 Mcf of this lease's gas, across 6 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 32.8011, -98.3003. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.80113, -98.30026 · 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
4,481 ft
1 wells filed one
Completion to plug
33.8 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 4,481 ft.

Completions filed
Aug 1977
1 of 1 wells
Plug dates filed
May 2011
1 of 1 wells

Last completion to plug: a median of 33.8 years across the 1 well that filed both dates, with the middle half between 33.8 years and 33.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-363317974A4,481 ftAug 1977May 2011Yes

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 (221)

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

221 months

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 200901846.773.59$65
Mar 200901842.144.06$73
Feb 20090032.814.63$0
Jan 200902535.865.37$134
Dec 200809237.105.98$550
Nov 200808555.496.86$583
Oct 200805675.246.92$388
Sep 2008058101.767.88$457
Aug 2008032114.228.48$271
Jul 2008026131.0811.39$296
Jun 2008020131.3313.03$261
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080490.388.21$33
Dec 20070488.337.30$29
Nov 20070191.677.29$7
Oct 200701982.856.92$132
Sep 200702475.846.24$150
Aug 200702569.066.39$160
Jul 200703670.906.39$230
Jun 200703562.007.55$264
May 200703958.747.85$306
Apr 200707459.617.81$578
Mar 200703556.927.30$256
Feb 200706555.108.22$534
Jan 200702150.306.73$141
Dec 200602156.656.92$145
Nov 200604754.207.62$358
Oct 200605154.906.01$307
Sep 200608160.085.04$408
Aug 200605868.717.34$426
Jul 200607469.376.34$469
Jun 200606466.286.38$409
May 200607066.016.42$450
Apr 200606164.397.36$449
Mar 200605456.707.08$382
Feb 200602957.597.75$225
Jan 200604060.598.93$357
Dec 2005015254.9413.42$2,039
Nov 2005012854.6910.59$1,355
Oct 2005012858.3413.80$1,766
Sep 2005014761.4512.08$1,776
Aug 2005012261.519.80$1,195
Jul 200508655.697.84$675
Jun 2005010452.337.38$768
May 200505345.226.65$353
Apr 200506749.207.36$493
Mar 200507750.377.15$551
Feb 20050745.226.31$44
Jan 200501243.166.32$76
Dec 200401439.866.75$95
Nov 2004012145.286.33$766
Oct 20040949.706.52$59
Sep 200405843.245.28$306
Aug 2004011642.375.55$644
Jul 2004010438.286.08$633
Jun 200404636.106.43$296
May 200406337.486.49$409
Apr 200405834.475.86$340
Mar 200406634.365.53$365
Feb 200407232.455.51$397
Jan 200407832.036.30$491
Dec 200308030.266.30$504
Nov 200308328.804.60$381
Oct 200308128.174.76$386
Sep 200308426.314.75$399
Aug 200308129.765.13$416
Jul 200307129.415.17$367
Jun 200306328.565.98$377
May 200307226.595.97$430
Apr 200308326.675.41$449
Mar 200304631.146.10$280
Feb 200304433.487.93$349
Jan 2003012130.315.58$675
Dec 200206926.914.85$335
Nov 200209024.664.14$372
Oct 2002011726.464.23$495
Sep 200202727.443.64$98
Aug 2002011725.963.16$370
Jul 2002018324.583.06$560
Jun 2002017123.733.34$571
May 2002022324.663.58$799
Apr 2002033723.653.51$1,184
Mar 2002026122.003.10$810
Feb 2002030618.222.38$727
Jan 2002019717.172.38$468
Dec 2001018416.932.36$435
Nov 2001021718.072.41$522
Oct 2001019919.782.53$503
Sep 2001016224.262.25$365
Aug 2001020324.873.05$620
Jul 2001022423.933.20$716
Jun 2001020824.563.82$795
May 2001030925.524.31$1,331
Apr 2001026124.685.34$1,393
Mar 2001028824.545.38$1,548
Feb 2001031127.755.77$1,794
Jan 2001040127.478.40$3,368
Dec 2000033226.889.12$3,029
Nov 2000028332.215.66$1,601
Oct 2000020831.235.15$1,070
Sep 2000026731.875.19$1,385
Aug 2000028129.644.54$1,276
Jul 2000016028.534.09$654
Jun 2000021529.304.40$945
May 2000034527.263.68$1,270
Apr 2000033424.513.12$1,041
Mar 2000035828.422.86$1,024
Feb 2000038727.622.73$1,055
Jan 2000040025.272.48$992
Dec 1999044724.282.42$1,083
Nov 1999042323.192.43$1,030
Oct 1999034920.982.80$978
Sep 1999040721.752.62$1,066
Aug 1999041519.262.88$1,193
Jul 1999033717.892.37$799
Jun 1999042215.942.36$997
May 1999044315.792.32$1,028
Apr 1999048315.102.21$1,066
Mar 1999061512.471.84$1,131
Feb 199905149.981.82$934
Jan 1999055010.381.90$1,045
Dec 199804429.201.77$784
Nov 1998034610.892.19$756
Oct 1998037212.421.97$733
Sep 1998030012.592.08$625
Aug 1998034111.301.91$650
Jul 1998038911.742.24$870
Jun 1998028911.242.24$647
May 1998059412.622.21$1,311
Apr 1998043513.042.51$1,090
Mar 1998032912.802.31$760
Feb 1998032313.952.30$743
Jan 1998045414.702.15$978
Dec 1997058616.322.41$1,413
Nov 1997050618.193.09$1,563
Oct 1997052719.253.15$1,660
Sep 1997056717.742.95$1,675
Aug 1997051917.862.55$1,326
Jul 1997064617.582.25$1,452
Jun 1997097717.242.26$2,205
May 1997035418.972.31$817
Apr 1997053317.882.08$1,110
Mar 1997066118.951.94$1,282
Feb 1997073320.492.21$1,617
Jan 19972981823.483.54$3,576
Dec 199601,00123.32$0
Nov 199601,17121.97$0
Oct 1996033923.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 199502316.41$0
May 199501617.56$0
Apr 19950717.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$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.

Apr 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 46.77 =         $0
Gas                   18 Mcf  × $  3.59 =        $65

────────────────────────────────────────────────────
Month total                                      $65

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/74007 is the state's own key, not one this site invented.