PRINCE

Name: PRINCE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MKS NATURAL GAS COMPANY (P-5 518491) in the CARTERVILLE (STRAWN 2700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 82031District 7BField 16023500NGPA filingCondensateGasSave Export

Value, all time

$18 k

Jan 1993 – Aug 2014

Value, last 12 filed months

at the published price for each month

Months reported

260

no gaps in the span

Streams

condensate, gas

The CARTERVILLE (STRAWN 2700) 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 19 leases and 20 wells, and the rule below applies to all of them.

Discovered

1973-11-01

as the register files it

Field class

Oil and 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 80 acres.

The Commission's schedule remark for this field reads: “EFFECTIVE 11/01/82”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	6 bbl	$105
Gas	Production	3,769 Mcf	$18,309
Total			$18,414

218 Mcf of this lease's gas, across 39 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 32.9138, -97.7868. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.91383, -97.78681 · 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

5,347 ft

1 wells filed one

Completion to plug

35.5 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 5,347 ft.

Completions filed

Feb 1979

1 of 1 wells

Plug dates filed

Aug 2014

1 of 1 wells

Last completion to plug: a median of 35.5 years across the 1 well that filed both dates, with the middle half between 35.5 years and 35.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36730883	1	5,347 ft	Feb 1979	Aug 2014	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 (260)

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

260 months


Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	80	55.69	7.84	$627
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	108	45.22	6.65	$718
Apr 2005	0	105	49.20	7.36	$773
Mar 2005	0	51	50.37	7.15	$365
Feb 2005	0	81	45.22	6.31	$511
Jan 2005	0	60	43.16	6.32	$379
Dec 2004	0	69	39.86	6.75	$466
Nov 2004	0	90	45.28	6.33	$570
Oct 2004	0	84	49.70	6.52	$547
Sep 2004	0	72	43.24	5.28	$380
Aug 2004	0	81	42.37	5.55	$450
Jul 2004	0	61	38.28	6.08	$371
Jun 2004	0	111	36.10	6.43	$714
May 2004	0	109	37.48	6.49	$708
Apr 2004	0	108	34.47	5.86	$633
Mar 2004	0	104	34.36	5.53	$575
Feb 2004	0	83	32.45	5.51	$457
Jan 2004	0	73	32.03	6.30	$460
Dec 2003	0	40	30.26	6.30	$252
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	123	28.17	4.76	$585
Sep 2003	0	112	26.31	4.75	$532
Aug 2003	0	104	29.76	5.13	$533
Jul 2003	0	91	29.41	5.17	$471
Jun 2003	0	81	28.56	5.98	$485
May 2003	0	43	26.59	5.97	$257
Apr 2003	0	32	26.67	5.41	$173
Mar 2003	0	52	31.14	6.10	$317
Feb 2003	0	20	33.48	7.93	$159
Jan 2003	0	30	30.31	5.58	$167
Dec 2002	0	72	26.91	4.85	$349
Nov 2002	0	93	24.66	4.14	$385
Oct 2002	0	67	26.46	4.23	$283
Sep 2002	0	53	27.44	3.64	$193
Aug 2002	0	32	25.96	3.16	$101
Jul 2002	0	20	24.58	3.06	$61
Jun 2002	0	32	23.73	3.34	$107
May 2002	0	62	24.66	3.58	$222
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	28	22.00	3.10	$87
Feb 2002	0	11	18.22	2.38	$26
Jan 2002	0	11	17.17	2.38	$26
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	12	18.07	2.41	$29
Oct 2001	0	20	19.78	2.53	$51
Sep 2001	0	53	24.26	2.25	$119
Aug 2001	0	32	24.87	3.05	$98
Jul 2001	0	20	23.93	3.20	$64
Jun 2001	0	30	24.56	3.82	$115
May 2001	0	2	25.52	4.31	$9
Apr 2001	0	31	24.68	5.34	$165
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	29	27.47	8.40	$244
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	33	32.21	5.66	$187
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	23	31.87	5.19	$119
Aug 2000	0	101	29.64	4.54	$459
Jul 2000	0	87	28.53	4.09	$356
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	31	19.26	2.88	$89
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	33	15.79	2.32	$77
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	33	9.98	1.82	$60
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	30	9.20	1.77	$53
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	32	12.59	2.08	$67
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	38	11.24	2.24	$85
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	31	12.80	2.31	$72
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	60	18.19	3.09	$185
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	23	17.74	2.95	$68
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	0	28	17.24	2.26	$63
May 1997	0	0	18.97	2.31	$0
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	0	0	18.95	1.94	$0
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	0	0	23.48	3.54	$0
Dec 1996	0	0	23.32	—	$0
Nov 1996	0	0	21.97	—	$0
Oct 1996	0	0	23.31	—	$0
Sep 1996	0	0	22.22	—	$0
Aug 1996	0	0	20.26	—	$0
Jul 1996	0	0	19.55	—	$0
Jun 1996	0	0	18.73	—	$0
May 1996	0	0	19.43	—	$0
Apr 1996	0	0	21.51	—	$0
Mar 1996	0	3	19.38	—	$0
Feb 1996	0	3	16.98	—	$0
Jan 1996	0	3	17.07	—	$0
Dec 1995	0	3	17.19	—	$0
Nov 1995	0	5	16.00	—	$0
Oct 1995	0	5	15.43	—	$0
Sep 1995	0	5	16.18	—	$0
Aug 1995	0	5	15.92	—	$0
Jul 1995	0	5	15.24	—	$0
Jun 1995	0	5	16.41	—	$0
May 1995	6	5	17.56	—	$105
Apr 1995	0	5	17.73	—	$0
Mar 1995	0	3	16.44	—	$0
Feb 1995	0	3	16.58	—	$0
Jan 1995	0	6	15.92	—	$0
Dec 1994	0	6	15.03	—	$0
Nov 1994	0	6	15.90	—	$0
Oct 1994	0	6	15.58	—	$0
Sep 1994	0	7	15.29	—	$0
Aug 1994	0	7	16.13	—	$0
Jul 1994	0	7	17.56	—	$0
Jun 1994	0	7	17.09	—	$0
May 1994	0	7	15.88	—	$0
Apr 1994	0	7	14.14	—	$0
Mar 1994	0	7	12.46	—	$0
Feb 1994	0	7	12.50	—	$0
Jan 1994	0	7	12.66	—	$0
Dec 1993	0	6	12.33	—	$0
Nov 1993	0	5	14.49	—	$0
Oct 1993	0	5	15.85	—	$0
Sep 1993	0	6	15.03	—	$0
Aug 1993	0	6	15.66	—	$0
Jul 1993	0	6	15.46	—	$0
Jun 1993	0	6	16.79	—	$0
May 1993	0	6	17.68	—	$0
Apr 1993	0	8	18.05	—	$0
Mar 1993	0	10	18.14	—	$0
Feb 1993	0	4	17.90	—	$0
Jan 1993	0	5	16.93	—	$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.

Jul 2005 — as filed, then multipliedworked

Condensate             0 bbl  × $ 55.69 =         $0
Gas                   80 Mcf  × $  7.84 =       $627

────────────────────────────────────────────────────
Month total                                     $627

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/82031 is the state's own key, not one this site invented.