MT 7 RANCH

Operated by PETEX (P-5 659782) 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 97254District 7BField 85948100CondensateGasSaveExport
Value, all time
$389 k
Jan 1993 – Jul 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
259
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 635 leases and 635 wells, and the rule below applies to all of them.

Discovered
1943-12-02
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: FIELD CHANGED FROM EXEMPT TO PRORATED EFFECTIVE 07/01/22.

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
CondensateDisposition620 bbl$33,759
GasProduction214,462 Mcf$355,065
Total$388,824

128,077 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 32.7713, -98.7441. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.77133, -98.74407 · 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
4,057 ft
1 wells filed one
Completion to plug
38.8 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 4,057 ft.

Completions filed
Oct 1975
1 of 1 wells
Plug dates filed
Jul 2014
1 of 1 wells

Last completion to plug: a median of 38.8 years across the 1 well that filed both dates, with the middle half between 38.8 years and 38.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4293060434,057 ftOct 1975Jul 2014Yes

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 (259)

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

259 months

Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 201164098.134.40$6,280
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 201004280.843.80$159
Oct 201004678.103.51$161
Sep 201053972.633.98$518
Aug 201002673.684.42$115
Jul 201002872.554.74$133
Jun 201002770.364.91$133
May 201004771.124.24$199
Apr 201004781.694.12$194
Mar 201004278.394.39$184
Feb 2010049773.585.44$2,705
Jan 20107933874.365.96$7,890
Dec 2009032271.445.48$1,766
Nov 2009031074.593.75$1,163
Oct 2009030572.544.11$1,254
Sep 2009028065.543.06$858
Aug 2009034967.423.22$1,123
Jul 2009034761.133.46$1,202
Jun 2009032466.163.90$1,262
May 2009031054.743.93$1,217
Apr 2009031046.773.59$1,112
Mar 2009036542.144.06$1,482
Feb 2009033632.814.63$1,557
Jan 2009038735.865.37$2,079
Dec 2008035337.105.98$2,110
Nov 2008035755.496.86$2,449
Oct 2008036175.246.92$2,499
Sep 20080319101.767.88$2,513
Aug 20080372114.228.48$3,156
Jul 200837419131.0811.39$9,622
Jun 20080395131.3313.03$5,148
May 20080385123.1711.57$4,456
Apr 20080317110.3110.45$3,314
Mar 20080302101.909.66$2,919
Feb 2008036892.538.77$3,228
Jan 2008036190.388.21$2,962
Dec 2007030288.337.30$2,205
Nov 2007029391.677.29$2,136
Oct 2007032282.856.92$2,229
Sep 2007038175.846.24$2,379
Aug 2007033869.066.39$2,159
Jul 2007038570.906.39$2,459
Jun 2007032762.007.55$2,468
May 2007038458.747.85$3,013
Apr 2007037159.617.81$2,896
Mar 2007026556.927.30$1,935
Feb 20078830655.108.22$7,363
Jan 2007035350.306.73$2,375
Dec 2006033456.656.92$2,311
Nov 2006033954.207.62$2,582
Oct 2006035154.906.01$2,111
Sep 2006031660.085.04$1,592
Aug 2006036268.717.34$2,657
Jul 2006028369.376.34$1,795
Jun 2006031366.286.38$1,998
May 2006028966.016.42$1,857
Apr 2006030964.397.36$2,274
Mar 2006034056.707.08$2,408
Feb 2006019157.597.75$1,480
Jan 2006025360.598.93$2,260
Dec 2005021654.9413.42$2,898
Nov 2005023054.6910.59$2,435
Oct 2005024358.3413.80$3,352
Sep 2005021061.4512.08$2,537
Aug 2005024861.519.80$2,430
Jul 2005031355.697.84$2,455
Jun 2005031652.337.38$2,332
May 20057229645.226.65$5,225
Apr 2005026849.207.36$1,973
Mar 2005034750.377.15$2,483
Feb 2005029445.226.31$1,856
Jan 2005033043.166.32$2,086
Dec 2004032539.866.75$2,194
Nov 2004028445.286.33$1,798
Oct 2004026849.706.52$1,746
Sep 20046733843.245.28$4,683
Aug 2004034842.375.55$1,932
Jul 2004035738.286.08$2,172
Jun 2004030336.106.43$1,949
May 2004034837.486.49$2,260
Apr 2004033534.475.86$1,963
Mar 2004028134.365.53$1,554
Feb 2004033632.455.51$1,851
Jan 2004033632.036.30$2,117
Dec 2003033630.266.30$2,117
Nov 20035331628.804.60$2,978
Oct 2003038328.174.76$1,823
Sep 2003055926.314.75$2,655
Aug 2003042929.765.13$2,201
Jul 2003040829.415.17$2,110
Jun 2003019628.565.98$1,173
May 2003039926.595.97$2,383
Apr 2003036126.675.41$1,952
Mar 20038629931.146.10$4,501
Feb 2003034933.487.93$2,766
Jan 2003033630.315.58$1,876
Dec 2002038226.914.85$1,854
Nov 2002039824.664.14$1,647
Oct 2002032926.464.23$1,391
Sep 2002042527.443.64$1,545
Aug 2002042525.963.16$1,345
Jul 2002038124.583.06$1,167
Jun 2002022323.733.34$744
May 2002043124.663.58$1,545
Apr 2002034523.653.51$1,212
Mar 2002038522.003.10$1,195
Feb 200201,07818.222.38$2,561
Jan 2002691,46217.172.38$4,658
Dec 200101,49616.932.36$3,537
Nov 2001090018.072.41$2,165
Oct 200101,50519.782.53$3,806
Sep 200101,06524.262.25$2,398
Aug 200101,28224.873.05$3,914
Jul 200101,07523.933.20$3,437
Jun 200101,81424.563.82$6,937
May 200101,64225.524.31$7,073
Apr 200101,34024.685.34$7,149
Mar 200101,10024.545.38$5,914
Feb 2001089627.755.77$5,167
Jan 20010927.478.40$76
Dec 20000126.889.12$9
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000035631.875.19$1,846
Aug 200001029.644.54$45
Jul 2000020128.534.09$822
Jun 2000015829.304.40$695
May 20000027.263.68$0
Apr 200007524.513.12$234
Mar 2000026228.422.86$749
Feb 2000038827.622.73$1,058
Jan 2000042225.272.48$1,047
Dec 1999040724.282.42$986
Nov 1999048123.192.43$1,171
Oct 1999039520.982.80$1,107
Sep 1999039221.752.62$1,027
Aug 1999048619.262.88$1,398
Jul 1999047117.892.37$1,117
Jun 1999064115.942.36$1,514
May 1999060015.792.32$1,393
Apr 1999056615.102.21$1,250
Mar 199901,00612.471.84$1,849
Feb 199908829.981.82$1,603
Jan 1999072610.381.90$1,379
Dec 199801,0669.201.77$1,890
Nov 199801,03410.892.19$2,260
Oct 1998085412.421.97$1,682
Sep 1998051412.592.08$1,070
Aug 1998066611.301.91$1,270
Jul 1998078111.742.24$1,747
Jun 1998051911.242.24$1,161
May 1998041112.622.21$907
Apr 1998040313.042.51$1,010
Mar 1998070212.802.31$1,621
Feb 199801,07613.952.30$2,474
Jan 199801,65014.702.15$3,555
Dec 199701,28816.322.41$3,106
Nov 199701,43518.193.09$4,432
Oct 199701,61219.253.15$5,078
Sep 199701,35117.742.95$3,992
Aug 199701,16617.862.55$2,979
Jul 199701,20817.582.25$2,714
Jun 199701,25717.242.26$2,837
May 199701,12118.972.31$2,588
Apr 1997083017.882.08$1,729
Mar 199702,39618.951.94$4,646
Feb 199702,55920.492.21$5,645
Jan 199702,49123.483.54$8,817
Dec 199601,60823.32$0
Nov 199601,69921.97$0
Oct 199601,85523.31$0
Sep 199602,19622.22$0
Aug 199601,85720.26$0
Jul 199602,25119.55$0
Jun 199601,17918.73$0
May 199602,64519.43$0
Apr 199602,30721.51$0
Mar 199602,55019.38$0
Feb 199602,53416.98$0
Jan 199602,82217.07$0
Dec 199502,37017.19$0
Nov 199503,02716.00$0
Oct 199502,56915.43$0
Sep 199502,51116.18$0
Aug 199503,11515.92$0
Jul 199502,60015.24$0
Jun 199502,19416.41$0
May 199502,13717.56$0
Apr 199502,43017.73$0
Mar 199502,14316.44$0
Feb 199502,72016.58$0
Jan 199502,68915.92$0
Dec 199402,86815.03$0
Nov 199403,00215.90$0
Oct 199403,39015.58$0
Sep 199403,54915.29$0
Aug 199403,82416.13$0
Jul 199402,07517.56$0
Jun 199402,84717.09$0
May 199401,26515.88$0
Apr 199402,17414.14$0
Mar 199402,90912.46$0
Feb 199403,21512.50$0
Jan 199403,39412.66$0
Dec 199303,33212.33$0
Nov 199303,25414.49$0
Oct 199303,28115.85$0
Sep 199303,49015.03$0
Aug 199303,54315.66$0
Jul 199303,65915.46$0
Jun 199303,21116.79$0
May 199303,08417.68$0
Apr 199303,00018.05$0
Mar 1993066518.14$0
Feb 199302,61317.90$0
Jan 199304,42516.93$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.

May 2011 — as filed, then multipliedworked
Condensate            64 bbl  × $ 98.13 =     $6,280
Gas                    0 Mcf  × $  4.40 =         $0

────────────────────────────────────────────────────
Month total                                   $6,280

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/97254 is the state's own key, not one this site invented.