MORGAN

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

Operated by MEHAFFEY INVESTMENTS, INC. (P-5 559355) in the STEPHENS COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13543District 7BField 85948001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$37 k

Jan 1993 – Dec 2004

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

144

no gaps in the span

Streams

oil, casinghead gas

The STEPHENS COUNTY REGULAR 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 1,255 leases and 4,008 wells, and the rule below applies to all of them.

Discovered

1916-12-31

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 register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “CLASS 4 W/DAILY 150 = 6000 TO 8000'”

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
Oil	Disposition	845 bbl	$15,860
Casinghead gas	Production	13,439 Mcf	$21,118
Total			$36,978

6,704 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 32.6212, -98.7604. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.62121, -98.76041 · 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

0.0%

0 of 1 wells

Median depth

2,957 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 2,957 ft.

Completions filed

Mar 1977

1 of 1 wells

1 well


42-42931170	1	2,957 ft	Mar 1977	—	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 (144)

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

144 months


Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	54	0	49.70	6.52	$2,684
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	77	29.76	5.13	$395
Jul 2003	0	83	29.41	5.17	$429
Jun 2003	0	64	28.56	5.98	$383
May 2003	0	88	26.59	5.97	$526
Apr 2003	0	74	26.67	5.41	$400
Mar 2003	0	114	31.14	6.10	$695
Feb 2003	0	86	33.48	7.93	$682
Jan 2003	0	14	30.31	5.58	$78
Dec 2002	0	21	26.91	4.85	$102
Nov 2002	0	41	24.66	4.14	$170
Oct 2002	0	57	26.46	4.23	$241
Sep 2002	0	52	27.44	3.64	$189
Aug 2002	0	40	25.96	3.16	$127
Jul 2002	0	49	24.58	3.06	$150
Jun 2002	0	30	23.73	3.34	$100
May 2002	0	60	24.66	3.58	$215
Apr 2002	0	57	23.65	3.51	$200
Mar 2002	128	45	22.00	3.10	$2,956
Feb 2002	0	31	18.22	2.38	$74
Jan 2002	0	41	17.17	2.38	$97
Dec 2001	0	74	16.93	2.36	$175
Nov 2001	0	49	18.07	2.41	$118
Oct 2001	0	59	19.78	2.53	$149
Sep 2001	0	80	24.26	2.25	$180
Aug 2001	0	67	24.87	3.05	$205
Jul 2001	0	90	23.93	3.20	$288
Jun 2001	0	37	24.56	3.82	$141
May 2001	0	68	25.52	4.31	$293
Apr 2001	0	72	24.68	5.34	$384
Mar 2001	0	58	24.54	5.38	$312
Feb 2001	0	40	27.75	5.77	$231
Jan 2001	0	55	27.47	8.40	$462
Dec 2000	0	53	26.88	9.12	$483
Nov 2000	0	66	32.21	5.66	$373
Oct 2000	0	65	31.23	5.15	$334
Sep 2000	0	42	31.87	5.19	$218
Aug 2000	0	59	29.64	4.54	$268
Jul 2000	0	59	28.53	4.09	$241
Jun 2000	0	58	29.30	4.40	$255
May 2000	0	51	27.26	3.68	$188
Apr 2000	0	49	24.51	3.12	$153
Mar 2000	0	49	28.42	2.86	$140
Feb 2000	0	59	27.62	2.73	$161
Jan 2000	0	65	25.27	2.48	$161
Dec 1999	0	57	24.28	2.42	$138
Nov 1999	0	79	23.19	2.43	$192
Oct 1999	0	64	20.98	2.80	$179
Sep 1999	0	99	21.75	2.62	$259
Aug 1999	0	83	19.26	2.88	$239
Jul 1999	0	90	17.89	2.37	$214
Jun 1999	0	66	15.94	2.36	$156
May 1999	0	69	15.79	2.32	$160
Apr 1999	0	103	15.10	2.21	$227
Mar 1999	0	111	12.47	1.84	$204
Feb 1999	0	102	9.98	1.82	$185
Jan 1999	0	93	10.38	1.90	$177
Dec 1998	0	79	9.20	1.77	$140
Nov 1998	0	88	10.89	2.19	$192
Oct 1998	0	97	12.42	1.97	$191
Sep 1998	178	86	12.59	2.08	$2,420
Aug 1998	0	152	11.30	1.91	$290
Jul 1998	0	197	11.74	2.24	$441
Jun 1998	0	195	11.24	2.24	$436
May 1998	0	202	12.62	2.21	$446
Apr 1998	0	195	13.04	2.51	$489
Mar 1998	0	199	12.80	2.31	$460
Feb 1998	0	179	13.95	2.30	$412
Jan 1998	0	183	14.70	2.15	$394
Dec 1997	0	119	16.32	2.41	$287
Nov 1997	0	104	18.19	3.09	$321
Oct 1997	0	112	19.25	3.15	$353
Sep 1997	0	109	17.74	2.95	$322
Aug 1997	0	114	17.86	2.55	$291
Jul 1997	0	108	17.58	2.25	$243
Jun 1997	0	113	17.24	2.26	$255
May 1997	0	110	18.97	2.31	$254
Apr 1997	0	97	17.88	2.08	$202
Mar 1997	0	103	18.95	1.94	$200
Feb 1997	0	97	20.49	2.21	$214
Jan 1997	0	133	23.48	3.54	$471
Dec 1996	0	108	23.32	—	$0
Nov 1996	0	95	21.97	—	$0
Oct 1996	0	98	23.31	—	$0
Sep 1996	0	97	22.22	—	$0
Aug 1996	0	101	20.26	—	$0
Jul 1996	0	94	19.55	—	$0
Jun 1996	0	114	18.73	—	$0
May 1996	0	124	19.43	—	$0
Apr 1996	0	107	21.51	—	$0
Mar 1996	0	139	19.38	—	$0
Feb 1996	0	73	16.98	—	$0
Jan 1996	0	127	17.07	—	$0
Dec 1995	0	108	17.19	—	$0
Nov 1995	0	175	16.00	—	$0
Oct 1995	0	109	15.43	—	$0
Sep 1995	0	97	16.18	—	$0
Aug 1995	0	184	15.92	—	$0
Jul 1995	0	148	15.24	—	$0
Jun 1995	0	98	16.41	—	$0
May 1995	0	162	17.56	—	$0
Apr 1995	153	143	17.73	—	$2,713
Mar 1995	0	129	16.44	—	$0
Feb 1995	0	133	16.58	—	$0
Jan 1995	0	153	15.92	—	$0
Dec 1994	0	136	15.03	—	$0
Nov 1994	0	139	15.90	—	$0
Oct 1994	0	153	15.58	—	$0
Sep 1994	0	155	15.29	—	$0
Aug 1994	0	162	16.13	—	$0
Jul 1994	0	155	17.56	—	$0
Jun 1994	168	171	17.09	—	$2,871
May 1994	0	144	15.88	—	$0
Apr 1994	0	131	14.14	—	$0
Mar 1994	0	161	12.46	—	$0
Feb 1994	0	148	12.50	—	$0
Jan 1994	0	138	12.66	—	$0
Dec 1993	0	164	12.33	—	$0
Nov 1993	0	147	14.49	—	$0
Oct 1993	0	163	15.85	—	$0
Sep 1993	0	175	15.03	—	$0
Aug 1993	0	142	15.66	—	$0
Jul 1993	164	180	15.46	—	$2,535
Jun 1993	0	160	16.79	—	$0
May 1993	0	177	17.68	—	$0
Apr 1993	0	170	18.05	—	$0
Mar 1993	0	179	18.14	—	$0
Feb 1993	0	152	17.90	—	$0
Jan 1993	0	186	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.

Oct 2004 — as filed, then multipliedworked

Oil                   54 bbl  × $ 49.70 =     $2,684
Casinghead gas         0 Mcf  × $  6.52 =         $0

────────────────────────────────────────────────────
Month total                                   $2,684

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/O/13543 is the state's own key, not one this site invented.