WALLACE 113

Operated by HIGHMOUNT EXPL & PROD TEXAS LLC (P-5 385842) in the SAWYER (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 195435District 7CField 812673332 tax incentive programmesCondensateGasSaveExport
Value, all time
$267 k
Jan 2003 – Feb 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
110
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 6,629 leases and 6,629 wells, and the rule below applies to all of them.

Discovered
1967-07-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,000 ft
minimum
From a lease line
500 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2003-06-24.

The Commission's schedule remark for this field reads: FIELD PER ORDER 7C-0234582 6/2403

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 Gas112003-08-20152158
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
CondensateDisposition156 bbl$5,549
GasProduction38,842 Mcf$261,073
Total$266,621

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 30.4152, -100.5015. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.41522, -100.50154 · 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
5,572 ft
1 wells filed one
Completion to plug
9.1 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 5,572 ft.

Completions filed
Jan 2003
1 of 1 wells
Plug dates filed
Feb 2012
1 of 1 wells

Last completion to plug: a median of 9.1 years across the 1 well that filed both dates, with the middle half between 9.1 years and 9.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4353602815,572 ftJan 2003Feb 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 (110)

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

110 months

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 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 200903942.144.06$158
Feb 200901932.814.63$88
Jan 200907435.865.37$397
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 200807275.246.92$498
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 2008168131.3313.03$1,018
May 20080134123.1711.57$1,551
Apr 200809110.3110.45$94
Mar 2008079101.909.66$763
Feb 20081092.538.77$93
Jan 200802590.388.21$205
Dec 200702088.337.30$146
Nov 200714491.677.29$413
Oct 200705782.856.92$395
Sep 200708175.846.24$506
Aug 200705369.066.39$339
Jul 200701770.906.39$109
Jun 20070062.007.55$0
May 200703258.747.85$251
Apr 200701659.617.81$125
Mar 200708856.927.30$643
Feb 2007012455.108.22$1,019
Jan 200704750.306.73$316
Dec 200605456.656.92$374
Nov 200603354.207.62$251
Oct 200624154.906.01$356
Sep 2006123460.085.04$1,239
Aug 2006124268.717.34$1,845
Jul 2006124469.376.34$1,617
Jun 2006020266.286.38$1,290
May 2006017366.016.42$1,112
Apr 2006016764.397.36$1,229
Mar 2006017256.707.08$1,218
Feb 2006115457.597.75$1,251
Jan 2006017560.598.93$1,563
Dec 2005021754.9413.42$2,911
Nov 2005021054.6910.59$2,224
Oct 2005122358.3413.80$3,135
Sep 2005324961.4512.08$3,192
Aug 2005027361.519.80$2,675
Jul 2005327455.697.84$2,316
Jun 2005328352.337.38$2,246
May 2005433045.226.65$2,376
Apr 2005328749.207.36$2,260
Mar 2005329150.377.15$2,233
Feb 2005231845.226.31$2,098
Jan 2005035443.166.32$2,238
Dec 2004336739.866.75$2,597
Nov 2004436145.286.33$2,466
Oct 2004137449.706.52$2,486
Sep 2004026743.245.28$1,411
Aug 2004024042.375.55$1,332
Jul 2004123838.286.08$1,486
Jun 2004022936.106.43$1,473
May 2004222437.486.49$1,530
Apr 2004327234.475.86$1,697
Mar 2004331734.365.53$1,856
Feb 2004330032.455.51$1,750
Jan 2004239432.036.30$2,546
Dec 2003033630.266.30$2,117
Nov 2003438228.804.60$1,871
Oct 2003223528.174.76$1,175
Sep 200305626.314.75$266
Aug 200305229.765.13$267
Jul 2003617229.415.17$1,066
Jun 2003171,16028.565.98$7,426
May 2003231,52026.595.97$9,690
Apr 2003302,40226.675.41$13,788
Mar 2003214,55531.146.10$28,421
Feb 2003010,47233.487.93$83,000
Jan 200307,61930.315.58$42,530

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.

Mar 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 42.14 =         $0
Gas                   39 Mcf  × $  4.06 =       $158

────────────────────────────────────────────────────
Month total                                     $158

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/195435 is the state's own key, not one this site invented.