BALCH

Operated by FORTUNE ENERGY, INC. (P-5 278757) in the VERIBEST (HARKEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 145399District 7CField 93573500CondensateGasSaveExport
Value, all time
$352 k
Jan 1993 – Dec 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
240
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1964-12-25
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: EXEMPT FIELD EFF 10/1/08

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
CondensateDisposition190 bbl$7,024
GasProduction56,575 Mcf$344,641
Total$351,665

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 31.4951, -100.3337. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49513, -100.33365 · 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
5,030 ft
1 wells filed one
Completion to plug
23.2 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 5,030 ft.

Completions filed
Oct 1989
1 of 1 wells
Plug dates filed
Dec 2012
1 of 1 wells

Last completion to plug: a median of 23.2 years across the 1 well that filed both dates, with the middle half between 23.2 years and 23.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4513197425,030 ftOct 1989Dec 2012Yes

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 (240)

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

240 months

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 20100073.684.42$0
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 200905271.445.48$285
Nov 200903074.593.75$113
Oct 2009021872.544.11$896
Sep 2009019865.543.06$607
Aug 200908167.423.22$261
Jul 2009023061.133.46$797
Jun 200901466.163.90$55
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200804114.228.48$34
Jul 2008012131.0811.39$137
Jun 2008066131.3313.03$860
May 20080127123.1711.57$1,470
Apr 20080119110.3110.45$1,244
Mar 20080129101.909.66$1,247
Feb 2008017292.538.77$1,509
Jan 200809790.388.21$796
Dec 2007011188.337.30$811
Nov 2007013391.677.29$970
Oct 200703082.856.92$208
Sep 2007013775.846.24$855
Aug 2007021569.066.39$1,373
Jul 2007013770.906.39$875
Jun 200701862.007.55$136
May 2007026558.747.85$2,079
Apr 2007024959.617.81$1,943
Mar 2007019456.927.30$1,417
Feb 2007030155.108.22$2,473
Jan 2007051050.306.73$3,431
Dec 2006032856.656.92$2,269
Nov 2006510154.207.62$1,040
Oct 2006015754.906.01$944
Sep 2006023060.085.04$1,159
Aug 2006029068.717.34$2,129
Jul 200607969.376.34$501
Jun 2006010866.286.38$689
May 2006036666.016.42$2,352
Apr 2006627864.397.36$2,433
Mar 2006019556.707.08$1,381
Feb 20061029757.597.75$2,878
Jan 2006047960.598.93$4,279
Dec 2005034354.9413.42$4,601
Nov 2005532354.6910.59$3,694
Oct 2005238558.3413.80$5,428
Sep 2005034961.4512.08$4,216
Aug 2005035361.519.80$3,458
Jul 2005033955.697.84$2,659
Jun 2005030252.337.38$2,229
May 2005030345.226.65$2,015
Apr 2005242149.207.36$3,197
Mar 20052358850.377.15$5,366
Feb 2005032945.226.31$2,077
Jan 2005056343.166.32$3,559
Dec 2004028839.866.75$1,944
Nov 2004029945.286.33$1,893
Oct 2004041549.706.52$2,704
Sep 2004743343.245.28$2,591
Aug 2004058942.375.55$3,269
Jul 2004363038.286.08$3,948
Jun 2004011836.106.43$759
May 200408937.486.49$578
Apr 2004260334.475.86$3,602
Mar 2004271134.365.53$4,001
Feb 2004768832.455.51$4,018
Jan 2004089532.036.30$5,638
Dec 2003179030.266.30$5,009
Nov 2003095728.804.60$4,398
Oct 200381,53128.174.76$7,512
Sep 200302,20926.314.75$10,491
Aug 200343,49929.765.13$18,068
Jul 2003554,29129.415.17$23,806
Jun 200305,21228.565.98$31,183
May 200306,50526.595.97$38,852
Apr 2003286,71026.675.41$37,030
Mar 2003207,19831.146.10$44,502
Feb 2003056033.487.93$4,438
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 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 71.44 =         $0
Gas                   52 Mcf  × $  5.48 =       $285

────────────────────────────────────────────────────
Month total                                     $285

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/145399 is the state's own key, not one this site invented.