STEVENS

Operated by BAYOU OPERATING COMPANY, INC. (P-5 58851) in the SIPE SPRINGS (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 98662District 7BField 83788333NGPA filingCondensateGasSaveExport
Value, all time
$102 k
Jan 1993 – May 2011
Value, last 12 filed months
$174
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 59 leases and 59 wells, and the rule below applies to all of them.

Discovered
1921-03-09
as the register files it
Field class
Oil and 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The Commission's schedule remark for this field reads: RULES RESCINDED PER ORD NO 7B-92656 EFFECTIVE 3/13/89.

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
CondensateDisposition2 bbl$25
GasProduction99,799 Mcf$101,957
Total$101,982

62,398 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 32.0839, -98.9134. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08392, -98.91343 · 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
3,200 ft
1 wells filed one
Completion to plug
29.3 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 3,200 ft.

Completions filed
Feb 1982
1 of 1 wells
Plug dates filed
May 2011
1 of 1 wells

Last completion to plug: a median of 29.3 years across the 1 well that filed both dates, with the middle half between 29.3 years and 29.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1333328613,200 ftFeb 1982May 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 20100185.734.35$4
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100272.633.98$8
Aug 20100073.684.42$0
Jul 20100272.554.74$9
Jun 201003170.364.91$152
May 201002671.124.24$110
Apr 201003781.694.12$153
Mar 201005678.394.39$246
Feb 201003173.585.44$169
Jan 201002174.365.96$125
Dec 200902871.445.48$154
Nov 200904174.593.75$154
Oct 200905872.544.11$238
Sep 20090865.543.06$25
Aug 200902567.423.22$80
Jul 200907161.133.46$246
Jun 200906866.163.90$265
May 200908854.743.93$345
Apr 200907446.773.59$265
Mar 200908742.144.06$353
Feb 200909932.814.63$459
Jan 2009013535.865.37$725
Dec 2008012337.105.98$735
Nov 2008010055.496.86$686
Oct 2008010875.246.92$748
Sep 2008089101.767.88$701
Aug 2008080114.228.48$679
Jul 2008083131.0811.39$945
Jun 2008060131.3313.03$782
May 2008061123.1711.57$706
Apr 2008059110.3110.45$617
Mar 2008062101.909.66$599
Feb 200805192.538.77$447
Jan 200805290.388.21$427
Dec 200707288.337.30$526
Nov 200706291.677.29$452
Oct 200708082.856.92$554
Sep 200709775.846.24$606
Aug 200701569.066.39$96
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
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 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 200102327.755.77$133
Jan 200102327.478.40$193
Dec 2000018126.889.12$1,651
Nov 2000012032.215.66$679
Oct 200002731.235.15$139
Sep 200004031.875.19$207
Aug 2000015829.644.54$717
Jul 2000020528.534.09$838
Jun 2000019629.304.40$862
May 2000037627.263.68$1,384
Apr 2000030424.513.12$947
Mar 2000025728.422.86$735
Feb 2000027727.622.73$755
Jan 2000039925.272.48$990
Dec 1999036824.282.42$892
Nov 1999040323.192.43$981
Oct 1999044520.982.80$1,248
Sep 1999038021.752.62$995
Aug 1999045119.262.88$1,297
Jul 1999045917.892.37$1,089
Jun 1999044615.942.36$1,054
May 1999049115.792.32$1,140
Apr 1999049915.102.21$1,102
Mar 1999049612.471.84$912
Feb 199904989.981.82$905
Jan 1999060710.381.90$1,153
Dec 199808399.201.77$1,488
Nov 199801,07110.892.19$2,341
Oct 199801,08312.421.97$2,133
Sep 199801,12012.592.08$2,333
Aug 199801,19111.301.91$2,272
Jul 199801,19511.742.24$2,674
Jun 199801,14411.242.24$2,559
May 199801,21612.622.21$2,683
Apr 199801,16813.042.51$2,926
Mar 199811,17712.802.31$2,731
Feb 199801,06313.952.30$2,444
Jan 199801,19914.702.15$2,584
Dec 199701,20416.322.41$2,903
Nov 199701,19818.193.09$3,700
Oct 199701,29419.253.15$4,076
Sep 199701,26417.742.95$3,735
Aug 199701,30817.862.55$3,342
Jul 199701,33417.582.25$2,997
Jun 199701,35217.242.26$3,052
May 199701,49018.972.31$3,440
Apr 1997078317.882.08$1,631
Mar 1997064918.951.94$1,259
Feb 1997066720.492.21$1,471
Jan 199701,02023.483.54$3,610
Dec 199601,21023.32$0
Nov 199601,21921.97$0
Oct 199601,26523.31$0
Sep 1996098022.22$0
Aug 199601,36920.26$0
Jul 199601,40019.55$0
Jun 199601,37918.73$0
May 199601,31219.43$0
Apr 199601,33821.51$0
Mar 199601,31919.38$0
Feb 199601,22616.98$0
Jan 199601,34817.07$0
Dec 199501,35217.19$0
Nov 199501,34216.00$0
Oct 199501,36415.43$0
Sep 199501,13416.18$0
Aug 1995073515.92$0
Jul 1995090415.24$0
Jun 199501,38616.41$0
May 199501,49817.56$0
Apr 199501,07817.73$0
Mar 199501,39716.44$0
Feb 199501,24216.58$0
Jan 199501,41615.92$0
Dec 199401,36615.03$0
Nov 199401,34615.90$0
Oct 199401,45115.58$0
Sep 199401,45915.29$0
Aug 199401,47516.13$0
Jul 199401,44717.56$0
Jun 199401,40417.09$0
May 199401,34815.88$0
Apr 1994088714.14$0
Mar 199401,46812.46$0
Feb 199401,06312.50$0
Jan 199401,31312.66$0
Dec 199311,39112.33$12
Nov 199301,32014.49$0
Oct 199301,44315.85$0
Sep 199301,36715.03$0
Aug 199301,30015.66$0
Jul 199301,41115.46$0
Jun 199301,34416.79$0
May 199301,42317.68$0
Apr 199301,49218.05$0
Mar 199301,03118.14$0
Feb 199301,22617.90$0
Jan 199301,41016.93$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.

Dec 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 85.73 =         $0
Gas                    1 Mcf  × $  4.35 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/98662 is the state's own key, not one this site invented.