BRIDGES, IMA

Operated by LEXGAS, INC. (P-5 500222) in the PICKWICK (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29203District 7BField 71370400OilCasinghead gasSaveExport
Value, all time
$3.0 M
Nov 2002 – Nov 2006
Value, last 12 filed months
$285 k
at the published price for each month
Months reported
49
no gaps in the span
Streams
2
oil, casinghead 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 43 leases and 54 wells, and the rule below applies to all of them.

Discovered
1978-11-08
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 40 acres. The field rule took effect on 2012-06-01.

The Commission's schedule remark for this field reads: WES-MOR DRILLING, INC.

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
OilDisposition11,787 bbl$387,552
Casinghead gasProduction415,691 Mcf$2,644,145
Total$3,031,697

Wells on this lease (3)

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 32.9350, -98.4246. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.93498, -98.42508 · 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%
3 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
4,325 ft
3 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
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

Between 4,251 and 4,400 ft, median 4,325 ft, over the 3 wells that filed a depth.

Completions filed
Nov 2002 – Aug 2004
3 of 3 wells
Plug dates filed
Apr 1989
1 of 3 wells; 2 filed none

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-3633528434,325 ftAug 2004Yes
42-3633517924,400 ftDec 2003Yes
42-3633396514,251 ftNov 2002Apr 1989Yes

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 (49)

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

49 months

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 2006774,06266.286.38$31,035
May 200604,35366.016.42$27,968
Apr 200605,51364.397.36$40,578
Mar 20061554,15056.707.08$38,183
Feb 200604,03457.597.75$31,268
Jan 2006734,75160.598.93$46,865
Dec 200505,14854.9413.42$69,062
Nov 200505,72354.6910.59$60,597
Oct 2005915,42258.3413.80$80,110
Sep 200504,77161.4512.08$57,629
Aug 2005764,80361.519.80$51,729
Jul 2005705,22455.697.84$44,873
Jun 20051363,83652.337.38$35,431
May 200503,99645.226.65$26,578
Apr 2005914,17749.207.36$35,222
Mar 20051317,21350.377.15$58,207
Feb 20052875,01645.226.31$44,639
Jan 2005606,72543.166.32$45,106
Dec 200406,14739.866.75$41,499
Nov 200407,46545.286.33$47,257
Oct 20041818,62649.706.52$65,195
Sep 200417412,30843.245.28$72,558
Aug 20046810,64442.375.55$61,962
Jul 2004609,88938.286.08$62,463
Jun 200424510,20236.106.43$74,474
May 200415610,35537.486.49$73,098
Apr 200453210,45334.475.86$79,577
Mar 2004011,53834.365.53$63,807
Feb 200418812,60532.455.51$75,549
Jan 200425214,57232.036.30$99,870
Dec 200319615,73030.266.30$105,056
Nov 2003013,18728.804.60$60,596
Oct 200337014,36028.174.76$78,771
Sep 200336714,92226.314.75$80,526
Aug 200337616,65029.765.13$96,600
Jul 2003011,94229.415.17$61,750
Jun 200383016,44728.565.98$122,107
May 200354318,11326.595.97$122,622
Apr 200391217,59226.675.41$119,448
Mar 20031,09617,72131.146.10$142,157
Feb 20031,05516,63033.487.93$167,129
Jan 20031,42215,71530.315.58$130,823
Dec 20021,36410,64026.914.85$88,349
Nov 20021532,32124.664.14$13,375

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.

Jun 2006 — as filed, then multipliedworked
Oil                   77 bbl  × $ 66.28 =     $5,104
Casinghead gas     4,062 Mcf  × $  6.38 =    $25,931

────────────────────────────────────────────────────
Month total                                  $31,035

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/29203 is the state's own key, not one this site invented.