U.T. 39 "A"

Operated by MEADCO PROPERTIES (P-5 556500) in the PROBANDT (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 103604District 7CField 73243500NGPA filingCondensateGasSaveExport
Value, all time
$405 k
Jan 1993 – Apr 2014
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
256
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 126 leases and 180 wells, and the rule below applies to all of them.

Discovered
1975-02-12
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 field rule took effect on 1983-09-26.

The Commission's schedule remark for this field reads: FIELD RULES EFF. 9/26/83 PER DKT 7C-79,619 NET GOR 750

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
CondensateDisposition1,177 bbl$31,786
GasProduction153,605 Mcf$373,120
Total$404,907

70,768 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 31.4756, -100.9995. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
7,135 ft
1 wells filed one
Completion to plug
29.0 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 7,135 ft.

Completions filed
Jul 1984
1 of 1 wells
Plug dates filed
Jul 2013
1 of 1 wells

Last completion to plug: a median of 29.0 years across the 1 well that filed both dates, with the middle half between 29.0 years and 29.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2353198517,135 ftJul 1984Jul 2013Yes

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 (256)

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

256 months

Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 201460090.404.86$5,424
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 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 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 201002373.684.42$102
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 200907266.163.90$280
May 200909954.743.93$389
Apr 2009010046.773.59$359
Mar 2009011142.144.06$451
Feb 200908932.814.63$412
Jan 2009011635.865.37$623
Dec 2008011137.105.98$663
Nov 2008010455.496.86$713
Oct 2008011875.246.92$817
Sep 2008088101.767.88$693
Aug 2008096114.228.48$814
Jul 2008089131.0811.39$1,014
Jun 2008088131.3313.03$1,147
May 2008098123.1711.57$1,134
Apr 2008090110.3110.45$941
Mar 2008075101.909.66$725
Feb 200806192.538.77$535
Jan 200805590.388.21$451
Dec 200703688.337.30$263
Nov 200701791.677.29$124
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007014470.906.39$920
Jun 2007019262.007.55$1,449
May 2007018458.747.85$1,444
Apr 2007012359.617.81$960
Mar 2007032456.927.30$2,366
Feb 2007042055.108.22$3,451
Jan 2007052750.306.73$3,545
Dec 2006157456.656.92$4,028
Nov 2006057354.207.62$4,365
Oct 2006056954.906.01$3,422
Sep 2006029660.085.04$1,491
Aug 2006039368.717.34$2,885
Jul 2006048469.376.34$3,070
Jun 2006050066.286.38$3,192
May 20065551166.016.42$6,914
Apr 2006048864.397.36$3,592
Mar 2006051456.707.08$3,641
Feb 2006048357.597.75$3,744
Jan 2006055560.598.93$4,958
Dec 2005060454.9413.42$8,103
Nov 2005055754.6910.59$5,898
Oct 2005055858.3413.80$7,698
Sep 2005051261.4512.08$6,184
Aug 20054752461.519.80$8,025
Jul 2005052455.697.84$4,110
Jun 2005049952.337.38$3,683
May 2005055045.226.65$3,658
Apr 2005051749.207.36$3,805
Mar 2005051650.377.15$3,692
Feb 2005058545.226.31$3,692
Jan 2005076243.166.32$4,818
Dec 2004078539.866.75$5,300
Nov 2004072545.286.33$4,590
Oct 2004073649.706.52$4,795
Sep 2004070943.245.28$3,746
Aug 20043973442.375.55$5,727
Jul 2004074038.286.08$4,502
Jun 2004071836.106.43$4,619
May 2004076537.486.49$4,968
Apr 2004072934.475.86$4,271
Mar 2004075834.365.53$4,192
Feb 2004067232.455.51$3,702
Jan 2004075032.036.30$4,725
Dec 20035474730.266.30$6,341
Nov 2003071328.804.60$3,276
Oct 2003072928.174.76$3,470
Sep 2003070926.314.75$3,367
Aug 2003073529.765.13$3,770
Jul 2003073529.415.17$3,801
Jun 2003071428.565.98$4,272
May 2003173126.595.97$4,393
Apr 2003071926.675.41$3,888
Mar 2003076631.146.10$4,670
Feb 2003069033.487.93$5,469
Jan 2003076730.315.58$4,281
Dec 20025578626.914.85$5,295
Nov 2002076024.664.14$3,144
Oct 2002077926.464.23$3,294
Sep 2002074427.443.64$2,705
Aug 2002080325.963.16$2,541
Jul 2002080424.583.06$2,462
Jun 2002078123.733.34$2,607
May 2002081424.663.58$2,917
Apr 2002080723.653.51$2,834
Mar 2002081422.003.10$2,526
Feb 2002073518.222.38$1,746
Jan 2002082417.172.38$1,958
Dec 20015582616.932.36$2,884
Nov 2001080618.072.41$1,939
Oct 2001083119.782.53$2,102
Sep 2001080224.262.25$1,806
Aug 2001081424.873.05$2,485
Jul 2001078723.933.20$2,516
Jun 2001071024.563.82$2,715
May 2001071225.524.31$3,067
Apr 2001045324.685.34$2,417
Mar 2001021624.545.38$1,161
Feb 2001020227.755.77$1,165
Jan 20015624327.478.40$3,579
Dec 2000024826.889.12$2,262
Nov 2000024032.215.66$1,358
Oct 2000024731.235.15$1,271
Sep 2000023331.875.19$1,208
Aug 2000023729.644.54$1,076
Jul 2000024928.534.09$1,018
Jun 2000024629.304.40$1,082
May 2000024727.263.68$909
Apr 2000024124.513.12$751
Mar 2000025728.422.86$735
Feb 2000023127.622.73$630
Jan 2000024425.272.48$605
Dec 1999024524.282.42$594
Nov 1999024023.192.43$584
Oct 1999024320.982.80$681
Sep 1999029021.752.62$759
Aug 1999022419.262.88$644
Jul 1999021617.892.37$512
Jun 1999029715.942.36$702
May 1999045415.792.32$1,054
Apr 1999031515.102.21$696
Mar 19995635812.471.84$1,356
Feb 199906369.981.82$1,156
Jan 1999053010.381.90$1,007
Dec 199804419.201.77$782
Nov 1998044710.892.19$977
Oct 1998050712.421.97$998
Sep 1998047512.592.08$989
Aug 1998061011.301.91$1,163
Jul 1998072411.742.24$1,620
Jun 1998080611.242.24$1,803
May 1998068112.622.21$1,503
Apr 199801,04713.042.51$2,623
Mar 199801,41012.802.31$3,256
Feb 1998561,32213.952.30$3,821
Jan 199801,30314.702.15$2,808
Dec 199701,18116.322.41$2,848
Nov 199701,40218.193.09$4,330
Oct 199701,43319.253.15$4,514
Sep 199701,25017.742.95$3,694
Aug 19975696917.862.55$3,476
Jul 199701,15117.582.25$2,586
Jun 199701,09417.242.26$2,469
May 1997082918.972.31$1,914
Apr 199701,15917.882.08$2,414
Mar 199701,59518.951.94$3,093
Feb 1997551,53220.492.21$4,506
Jan 199701,77423.483.54$6,279
Dec 199601,73323.32$0
Nov 199601,55721.97$0
Oct 199601,88023.31$0
Sep 1996551,77822.22$1,222
Aug 199602,19720.26$0
Jul 199601,97519.55$0
Jun 199601,23818.73$0
May 1996561,56719.43$1,088
Apr 199601,33621.51$0
Mar 199601,50619.38$0
Feb 1996092316.98$0
Jan 1996491,62317.07$836
Dec 199501,78917.19$0
Nov 199501,32216.00$0
Oct 199501,11715.43$0
Sep 199501,67816.18$0
Aug 1995511,30515.92$812
Jul 199501,15015.24$0
Jun 199501,62716.41$0
May 199501,82817.56$0
Apr 199501,86517.73$0
Mar 1995531,88116.44$871
Feb 199501,57616.58$0
Jan 199502,08315.92$0
Dec 1994501,92815.03$752
Nov 199402,09015.90$0
Oct 199401,73015.58$0
Sep 1994541,74615.29$826
Aug 1994080716.13$0
Jul 1994035417.56$0
Jun 1994051117.09$0
May 1994056915.88$0
Apr 1994054014.14$0
Mar 19945460612.46$673
Feb 1994066412.50$0
Jan 1994076712.66$0
Dec 1993087312.33$0
Nov 1993099214.49$0
Oct 199301,51115.85$0
Sep 199301,78815.03$0
Aug 199301,83915.66$0
Jul 1993531,87015.46$819
Jun 199301,77416.79$0
May 199301,73317.68$0
Apr 199301,79018.05$0
Mar 1993561,79818.14$1,016
Feb 199301,77617.90$0
Jan 199302,17816.93$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.

Jan 2014 — as filed, then multipliedworked
Condensate            60 bbl  × $ 90.40 =     $5,424
Gas                    0 Mcf  × $  4.86 =         $0

────────────────────────────────────────────────────
Month total                                   $5,424

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. 7C/G/103604 is the state's own key, not one this site invented.