MEADOR "15"

Operated by CAPITOL WELL SERVICING CO., INC. (P-5 130432) in the VELREX (HENDERSON UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 129488District 7CField 93410710CondensateGasSaveExport
Value, all time
$332 k
Jan 1993 – Mar 2011
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
219
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 34 leases and 53 wells, and the rule below applies to all of them.

Discovered
1964-12-19
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
550 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 03/01/98.

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
CondensateDisposition71 bbl$1,234
GasProduction98,078 Mcf$330,860
Total$332,094

28,771 Mcf of this lease's gas, across 44 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 30.9469, -100.6022. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.94694, -100.60224 · 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
6,365 ft
1 wells filed one
Completion to plug
22.3 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 6,365 ft.

Completions filed
Dec 1988
1 of 1 wells
Plug dates filed
Mar 2011
1 of 1 wells

Last completion to plug: a median of 22.3 years across the 1 well that filed both dates, with the middle half between 22.3 years and 22.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4133168416,365 ftDec 1988Mar 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 (219)

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

219 months

Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 201003080.843.80$114
Oct 201003078.103.51$105
Sep 201003072.633.98$119
Aug 201003073.684.42$133
Jul 201003072.554.74$142
Jun 201003070.364.91$147
May 201003071.124.24$127
Apr 201003081.694.12$124
Mar 201003078.394.39$132
Feb 201003073.585.44$163
Jan 201005674.365.96$334
Dec 2009020271.445.48$1,108
Nov 200903074.593.75$113
Oct 200903072.544.11$123
Sep 200907865.543.06$239
Aug 2009043867.423.22$1,410
Jul 2009043861.133.46$1,517
Jun 2009043866.163.90$1,706
May 2009050654.743.93$1,986
Apr 2009031246.773.59$1,119
Mar 2009044342.144.06$1,798
Feb 2009044332.814.63$2,052
Jan 2009050735.865.37$2,723
Dec 2008054537.105.98$3,258
Nov 2008055855.496.86$3,828
Oct 2008064075.246.92$4,430
Sep 2008067101.767.88$528
Aug 2008030114.228.48$254
Jul 20080320131.0811.39$3,645
Jun 2008030131.3313.03$391
May 20080124123.1711.57$1,435
Apr 20080109110.3110.45$1,140
Mar 20080448101.909.66$4,330
Feb 2008043992.538.77$3,850
Jan 2008052390.388.21$4,292
Dec 2007044488.337.30$3,242
Nov 2007010091.677.29$729
Oct 2007043782.856.92$3,025
Sep 2007046275.846.24$2,885
Aug 2007055869.066.39$3,564
Jul 2007035870.906.39$2,287
Jun 2007032162.007.55$2,423
May 2007017358.747.85$1,357
Apr 2007047859.617.81$3,731
Mar 2007031356.927.30$2,286
Feb 2007051255.108.22$4,207
Jan 2007022050.306.73$1,480
Dec 2006041256.656.92$2,850
Nov 2006052354.207.62$3,984
Oct 2006059254.906.01$3,560
Sep 2006023960.085.04$1,204
Aug 2006018268.717.34$1,336
Jul 2006031869.376.34$2,017
Jun 2006014066.286.38$894
May 2006029466.016.42$1,889
Apr 2006051364.397.36$3,776
Mar 2006054456.707.08$3,853
Feb 2006050357.597.75$3,899
Jan 2006055660.598.93$4,967
Dec 200505554.9413.42$738
Nov 2005032654.6910.59$3,452
Oct 2005044358.3413.80$6,112
Sep 2005051961.4512.08$6,269
Aug 200504461.519.80$431
Jul 2005042655.697.84$3,341
Jun 2005047152.337.38$3,476
May 2005037245.226.65$2,474
Apr 2005047549.207.36$3,496
Mar 2005049050.377.15$3,506
Feb 2005044545.226.31$2,809
Jan 2005043843.166.32$2,769
Dec 2004043539.866.75$2,937
Nov 2004020545.286.33$1,298
Oct 2004043549.706.52$2,834
Sep 2004044443.245.28$2,346
Aug 2004050642.375.55$2,809
Jul 2004045638.286.08$2,774
Jun 2004046436.106.43$2,985
May 2004053237.486.49$3,455
Apr 2004053934.475.86$3,158
Mar 2004064934.365.53$3,589
Feb 2004028432.455.51$1,565
Jan 2004054432.036.30$3,427
Dec 2003064530.266.30$4,065
Nov 2003073728.804.60$3,387
Oct 2003068728.174.76$3,270
Sep 2003050826.314.75$2,413
Aug 2003037529.765.13$1,924
Jul 2003028229.415.17$1,458
Jun 2003013028.565.98$778
May 2003052426.595.97$3,130
Apr 2003051026.675.41$2,758
Mar 2003052531.146.10$3,200
Feb 2003047633.487.93$3,773
Jan 2003051030.315.58$2,847
Dec 2002045426.914.85$2,204
Nov 2002050924.664.14$2,106
Oct 2002052626.464.23$2,225
Sep 2002160427.443.64$2,223
Aug 2002056225.963.16$1,778
Jul 2002071424.583.06$2,186
Jun 2002066323.733.34$2,213
May 2002019824.663.58$710
Apr 2002015023.653.51$527
Mar 200207022.003.10$217
Feb 2002063318.222.38$1,504
Jan 2002059817.172.38$1,421
Dec 2001031116.932.36$735
Nov 20010018.072.41$0
Oct 200107419.782.53$187
Sep 2001043524.262.25$979
Aug 2001042824.873.05$1,307
Jul 2001060023.933.20$1,918
Jun 2001020224.563.82$772
May 2001052725.524.31$2,270
Apr 2001015424.685.34$822
Mar 2001051724.545.38$2,780
Feb 2001048427.755.77$2,791
Jan 2001047927.478.40$4,023
Dec 2000054726.889.12$4,990
Nov 2000061432.215.66$3,474
Oct 2000063431.235.15$3,262
Sep 2000058431.875.19$3,029
Aug 2000038529.644.54$1,748
Jul 2000041128.534.09$1,681
Jun 2000030429.304.40$1,337
May 2000030627.263.68$1,126
Apr 2000061224.513.12$1,907
Mar 2000068528.422.86$1,959
Feb 2000050027.622.73$1,363
Jan 2000031525.272.48$781
Dec 1999059124.282.42$1,432
Nov 1999054923.192.43$1,336
Oct 1999082220.982.80$2,305
Sep 1999089021.752.62$2,331
Aug 199901,08719.262.88$3,126
Jul 199901,30917.892.37$3,105
Jun 1999091415.942.36$2,159
May 199909415.792.32$218
Apr 199903515.102.21$77
Mar 1999042712.471.84$785
Feb 199901,1349.981.82$2,061
Jan 1999094110.381.90$1,788
Dec 199806469.201.77$1,146
Nov 199831,38010.892.19$3,049
Oct 199831,64412.421.97$3,275
Sep 19980012.592.08$0
Aug 1998049911.301.91$952
Jul 1998027411.742.24$613
Jun 19980011.242.24$0
May 1998036912.622.21$814
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980214.702.15$4
Dec 1997038316.322.41$923
Nov 1997034218.193.09$1,056
Oct 1997032919.253.15$1,036
Sep 1997015417.742.95$455
Aug 19974826517.862.55$1,534
Jul 1997050317.582.25$1,130
Jun 1997086017.242.26$1,941
May 1997191818.972.31$2,138
Apr 199701,03217.882.08$2,149
Mar 1997068518.951.94$1,328
Feb 1997271920.492.21$1,627
Jan 1997056923.483.54$2,014
Dec 199601,35323.32$0
Nov 199601,70521.97$0
Oct 1996030123.31$0
Sep 199611,77822.22$22
Aug 1996055620.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 199604519.38$0
Feb 1996011216.98$0
Jan 1996231317.07$34
Dec 1995055417.19$0
Nov 1995070216.00$0
Oct 1995097515.43$0
Sep 1995030816.18$0
Aug 1995025515.92$0
Jul 1995289415.24$30
Jun 1995044616.41$0
May 1995062117.56$0
Apr 1995072817.73$0
Mar 1995067416.44$0
Feb 1995257316.58$33
Jan 1995059215.92$0
Dec 1994070715.03$0
Nov 1994064915.90$0
Oct 1994072115.58$0
Sep 1994072215.29$0
Aug 1994069816.13$0
Jul 1994075017.56$0
Jun 1994275017.09$34
May 1994053915.88$0
Apr 1994054414.14$0
Mar 1994085812.46$0
Feb 1994055612.50$0
Jan 199403112.66$0
Dec 1993141012.33$12
Nov 1993055014.49$0
Oct 1993080115.85$0
Sep 1993036615.03$0
Aug 1993039015.66$0
Jul 1993054715.46$0
Jun 1993075516.79$0
May 1993382317.68$53
Apr 1993082218.05$0
Mar 1993084718.14$0
Feb 1993082217.90$0
Jan 1993062816.93$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.

Nov 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 80.84 =         $0
Gas                   30 Mcf  × $  3.80 =       $114

────────────────────────────────────────────────────
Month total                                     $114

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/129488 is the state's own key, not one this site invented.