MOOREFIELD, JOSEPH C. ET AL

Operated by FAGADAU ENERGY CORPORATION (P-5 257680) in the RENO (CONGL. UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 74901District 7BField 75961675NGPA filingCondensateGasSaveExport
Value, all time
$385 k
Jan 1993 – Apr 2006
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
160
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 24 leases and 24 wells, and the rule below applies to all of them.

Discovered
1986-02-10
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1986-02-10.

The Commission's schedule remark for this field reads: OPTIONAL 80 ACRE UNIT; 3250'DIAG

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
CondensateDisposition55 bbl$2,690
GasProduction145,670 Mcf$382,024
Total$384,713

48,833 Mcf of this lease's gas, across 48 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 32.9789, -97.6388. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.97889, -97.63876 · 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
6,090 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 6,090 ft.

Completions filed
Mar 2005
1 of 1 wells

1 well

42-3673086116,090 ftMar 2005Yes

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 (160)

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

160 months

Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 200644057.597.75$2,534
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 2005085945.226.31$5,422
Jan 2005097143.166.32$6,139
Dec 200401,02639.866.75$6,927
Nov 200401,07745.286.33$6,818
Oct 200401,05449.706.52$6,867
Sep 2004047743.245.28$2,520
Aug 2004051542.375.55$2,859
Jul 2004085438.286.08$5,196
Jun 2004094336.106.43$6,066
May 2004091537.486.49$5,943
Apr 2004088334.475.86$5,173
Mar 2004095934.365.53$5,303
Feb 2004085332.455.51$4,700
Jan 2004098432.036.30$6,199
Dec 2003096730.266.30$6,094
Nov 200301,05128.804.60$4,830
Oct 200301,10528.174.76$5,259
Sep 200301,07826.314.75$5,120
Aug 200301,25129.765.13$6,417
Jul 2003090729.415.17$4,690
Jun 2003082928.565.98$4,960
May 2003088026.595.97$5,256
Apr 2003085426.675.41$4,618
Mar 2003086531.146.10$5,273
Feb 2003070833.487.93$5,612
Jan 2003087530.315.58$4,884
Dec 2002084626.914.85$4,106
Nov 2002085924.664.14$3,554
Oct 200201,02926.464.23$4,352
Sep 2002097427.443.64$3,541
Aug 200201,05225.963.16$3,329
Jul 2002087024.583.06$2,664
Jun 2002091023.733.34$3,038
May 2002096624.663.58$3,462
Apr 2002094723.653.51$3,326
Mar 2002095222.003.10$2,954
Feb 2002082918.222.38$1,969
Jan 200201,00517.172.38$2,388
Dec 200101,01116.932.36$2,390
Nov 200101,17818.072.41$2,834
Oct 200101,01319.782.53$2,562
Sep 200101,17424.262.25$2,643
Aug 200101,13824.873.05$3,475
Jul 200101,09923.933.20$3,514
Jun 200101,15024.563.82$4,398
May 200101,22925.524.31$5,294
Apr 200101,08824.685.34$5,805
Mar 200101,08824.545.38$5,850
Feb 200101,06627.755.77$6,148
Jan 200101,25727.478.40$10,557
Dec 200001,48926.889.12$13,583
Nov 200001,06132.215.66$6,003
Oct 200001,41331.235.15$7,271
Sep 200001,31531.875.19$6,820
Aug 200001,44429.644.54$6,557
Jul 200001,40828.534.09$5,758
Jun 200001,45629.304.40$6,402
May 200001,49127.263.68$5,487
Apr 200001,51924.513.12$4,733
Mar 200001,60528.422.86$4,590
Feb 200001,67127.622.73$4,556
Jan 200001,98525.272.48$4,924
Dec 199902,25524.282.42$5,465
Nov 199902,22623.192.43$5,418
Oct 1999039420.982.80$1,105
Sep 1999068721.752.62$1,799
Aug 1999070719.262.88$2,033
Jul 1999069317.892.37$1,644
Jun 1999069515.942.36$1,642
May 1999073115.792.32$1,697
Apr 1999064915.102.21$1,433
Mar 1999074312.471.84$1,366
Feb 199906919.981.82$1,256
Jan 1999084510.381.90$1,605
Dec 199805059.201.77$896
Nov 1998072610.892.19$1,587
Oct 1998079012.421.97$1,556
Sep 1998074612.592.08$1,554
Aug 1998073511.301.91$1,402
Jul 1998075611.742.24$1,691
Jun 1998075011.242.24$1,678
May 1998080012.622.21$1,765
Apr 1998080613.042.51$2,019
Mar 1998085812.802.31$1,982
Feb 1998075113.952.30$1,727
Jan 1998083714.702.15$1,804
Dec 1997081316.322.41$1,960
Nov 1997082918.193.09$2,560
Oct 1997084419.253.15$2,658
Sep 1997077817.742.95$2,299
Aug 1997087117.862.55$2,225
Jul 1997085017.582.25$1,910
Jun 1997088117.242.26$1,989
May 1997085718.972.31$1,978
Apr 1997090617.882.08$1,887
Mar 1997083718.951.94$1,623
Feb 1997080220.492.21$1,769
Jan 1997086623.483.54$3,065
Dec 1996085923.32$0
Nov 1996088921.97$0
Oct 1996092723.31$0
Sep 1996090222.22$0
Aug 1996086420.26$0
Jul 1996090319.55$0
Jun 1996093118.73$0
May 1996096819.43$0
Apr 1996092921.51$0
Mar 1996096619.38$0
Feb 1996093916.98$0
Jan 1996099617.07$0
Dec 199501,11617.19$0
Nov 199501,25316.00$0
Oct 1995057515.43$0
Sep 1995097916.18$0
Aug 199501,01915.92$0
Jul 199501,00015.24$0
Jun 1995098516.41$0
May 199501,04417.56$0
Apr 199501,12917.73$0
Mar 199501,10416.44$0
Feb 1995086316.58$0
Jan 199501,06315.92$0
Dec 199401,08715.03$0
Nov 199401,37615.90$0
Oct 199401,09915.58$0
Sep 199401,08215.29$0
Aug 199401,15916.13$0
Jul 199401,35217.56$0
Jun 199401,51617.09$0
May 199401,45615.88$0
Apr 19941179714.14$156
Mar 1994091212.46$0
Feb 1994082812.50$0
Jan 1994094112.66$0
Dec 1993097812.33$0
Nov 1993096014.49$0
Oct 1993096215.85$0
Sep 1993097015.03$0
Aug 199301,03115.66$0
Jul 1993099515.46$0
Jun 1993099016.79$0
May 199301,02117.68$0
Apr 199301,00818.05$0
Mar 199301,04818.14$0
Feb 1993097017.90$0
Jan 199301,09216.93$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.

Feb 2006 — as filed, then multipliedworked
Condensate            44 bbl  × $ 57.59 =     $2,534
Gas                    0 Mcf  × $  7.75 =         $0

────────────────────────────────────────────────────
Month total                                   $2,534

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/74901 is the state's own key, not one this site invented.