MONTGOMERY, C. C. "1"

Operated by LOCIN OIL CORPORATION (P-5 504678) in the OZONA (CANYON SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 159607District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Jul 1996 – Sep 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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 2,312 leases and 2,323 wells, and the rule below applies to all of them.

Discovered
1962-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
600 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-09-12.

The Commission's schedule remark for this field reads: ZONE TO BE SET UP IN OZONA (CANYON SAND, OIL).

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
High Cost Gas111996-09-26135354
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
CondensateDisposition2 bbl$66
GasProduction393,737 Mcf$1,233,175
Total$1,233,240

51,888 Mcf of this lease's gas, across 6 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 30.4550, -101.3355. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.45495, -101.33554 · 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
6,450 ft
1 wells filed one
Completion to plug
15.2 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 6,450 ft.

Completions filed
Jul 1996
1 of 1 wells
Plug dates filed
Sep 2011
1 of 1 wells

Last completion to plug: a median of 15.2 years across the 1 well that filed both dates, with the middle half between 15.2 years and 15.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1053729786,450 ftJul 1996Sep 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 (183)

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

183 months

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 201001072.633.98$40
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 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 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20092232.814.63$75
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 20080114114.228.48$967
Jul 20080851131.0811.39$9,692
Jun 20080852131.3313.03$11,104
May 20080874123.1711.57$10,116
Apr 20080787110.3110.45$8,228
Mar 20080856101.909.66$8,272
Feb 2008037892.538.77$3,315
Jan 2008035190.388.21$2,880
Dec 2007037688.337.30$2,746
Nov 2007049091.677.29$3,573
Oct 2007044882.856.92$3,101
Sep 2007072475.846.24$4,521
Aug 2007042669.066.39$2,721
Jul 2007054370.906.39$3,469
Jun 2007068162.007.55$5,140
May 2007075158.747.85$5,893
Apr 2007094059.617.81$7,337
Mar 200701,02356.927.30$7,470
Feb 2007093755.108.22$7,698
Jan 200701,05850.306.73$7,117
Dec 200601,05056.656.92$7,264
Nov 200601,09054.207.62$8,303
Oct 200601,12254.906.01$6,747
Sep 200601,07060.085.04$5,390
Aug 200601,17568.717.34$8,624
Jul 200601,13969.376.34$7,224
Jun 2006099966.286.38$6,378
May 2006042766.016.42$2,743
Apr 2006044964.397.36$3,305
Mar 2006052156.707.08$3,690
Feb 2006046857.597.75$3,628
Jan 2006072260.598.93$6,450
Dec 200501,32454.9413.42$17,762
Nov 2005077854.6910.59$8,238
Oct 2005056358.3413.80$7,767
Sep 2005057961.4512.08$6,994
Aug 2005054861.519.80$5,369
Jul 2005060755.697.84$4,761
Jun 2005068752.337.38$5,071
May 2005058945.226.65$3,918
Apr 2005067849.207.36$4,990
Mar 2005074250.377.15$5,309
Feb 2005065945.226.31$4,160
Jan 2005085943.166.32$5,431
Dec 2004083139.866.75$5,610
Nov 2004082645.286.33$5,229
Oct 2004090349.706.52$5,883
Sep 2004095743.245.28$5,057
Aug 200401,03742.375.55$5,756
Jul 200401,11238.286.08$6,766
Jun 200401,12736.106.43$7,250
May 200401,35937.486.49$8,826
Apr 200401,12734.475.86$6,602
Mar 200401,43534.365.53$7,936
Feb 200401,20832.455.51$6,656
Jan 2004099032.036.30$6,237
Dec 200301,37130.266.30$8,640
Nov 200301,35128.804.60$6,208
Oct 200301,43628.174.76$6,835
Sep 200301,40626.314.75$6,678
Aug 200301,52629.765.13$7,828
Jul 200301,54029.415.17$7,963
Jun 200301,56828.565.98$9,381
May 200301,67126.595.97$9,980
Apr 200301,57526.675.41$8,516
Mar 200301,61331.146.10$9,833
Feb 200301,53433.487.93$12,158
Jan 200301,66830.315.58$9,311
Dec 200201,71926.914.85$8,344
Nov 200201,66724.664.14$6,896
Oct 200201,50126.464.23$6,348
Sep 200201,21927.443.64$4,431
Aug 200201,31125.963.16$4,148
Jul 200201,35124.583.06$4,136
Jun 200201,33523.733.34$4,457
May 200201,42224.663.58$5,096
Apr 200201,43223.653.51$5,030
Mar 200201,52422.003.10$4,729
Feb 200201,31418.222.38$3,122
Jan 200201,61517.172.38$3,837
Dec 200101,80216.932.36$4,261
Nov 200101,70318.072.41$4,097
Oct 200102,02319.782.53$5,116
Sep 200101,90624.262.25$4,291
Aug 200102,05024.873.05$6,259
Jul 200102,18923.933.20$6,998
Jun 200102,18324.563.82$8,348
May 200102,24125.524.31$9,653
Apr 200102,29824.685.34$12,261
Mar 200102,30124.545.38$12,371
Feb 200102,10227.755.77$12,122
Jan 200102,31427.478.40$19,435
Dec 200002,14626.889.12$19,577
Nov 200002,34632.215.66$13,274
Oct 200002,59531.235.15$13,353
Sep 200002,44131.875.19$12,660
Aug 200002,65729.644.54$12,065
Jul 200002,72728.534.09$11,153
Jun 200002,67729.304.40$11,771
May 200002,82627.263.68$10,399
Apr 200002,91124.513.12$9,071
Mar 200003,06928.422.86$8,777
Feb 200002,62727.622.73$7,163
Jan 200003,25525.272.48$8,074
Dec 199903,29424.282.42$7,984
Nov 199903,43823.192.43$8,368
Oct 199903,52820.982.80$9,891
Sep 199903,52421.752.62$9,229
Aug 199903,70619.262.88$10,657
Jul 199903,86217.892.37$9,162
Jun 199903,80615.942.36$8,990
May 199904,06815.792.32$9,442
Apr 199903,95515.102.21$8,733
Mar 199904,19412.471.84$7,710
Feb 199904,0519.981.82$7,364
Jan 199904,50210.381.90$8,554
Dec 199804,6809.201.77$8,299
Nov 199804,60710.892.19$10,070
Oct 199804,87712.421.97$9,604
Sep 199804,53112.592.08$9,436
Aug 199804,80911.301.91$9,172
Jul 199804,97811.742.24$11,137
Jun 199805,00011.242.24$11,186
May 199805,29812.622.21$11,689
Apr 199805,27613.042.51$13,218
Mar 199805,64112.802.31$13,028
Feb 199805,23713.952.30$12,041
Jan 199805,84614.702.15$12,597
Dec 199706,21216.322.41$14,978
Nov 199706,37618.193.09$19,691
Oct 199706,81619.253.15$21,469
Sep 199707,38517.742.95$21,822
Aug 199708,00217.862.55$20,443
Jul 199708,09617.582.25$18,191
Jun 199708,19617.242.26$18,500
May 199709,03618.972.31$20,860
Apr 199708,74017.882.08$18,204
Mar 199709,49918.951.94$18,420
Feb 199708,70920.492.21$19,211
Jan 199709,78723.483.54$34,643
Dec 199607,54223.32$0
Nov 199609,21121.97$0
Oct 1996010,76523.31$0
Sep 1996010,45622.22$0
Aug 1996011,87120.26$0
Jul 199602,04319.55$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.

Sep 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 72.63 =         $0
Gas                   10 Mcf  × $  3.98 =        $40

────────────────────────────────────────────────────
Month total                                      $40

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/159607 is the state's own key, not one this site invented.