ACU "47"

Name: ACU "47" lease production and value, Dec 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MARLIN ENERGY SOUTHWEST GP, LLC (P-5 526444) in the ACU (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 201760District 7CField 000953502 tax incentive programmesCondensateGasSave Export

Value, all time

$16.2 M

Dec 2003 – Mar 2013

Value, last 12 filed months

$72 k

at the published price for each month

Months reported

112

no gaps in the span

Streams

condensate, gas

The ACU (STRAWN) field

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 18 leases and 18 wells, and the rule below applies to all of them.

Discovered

1993-08-27

as the register files it

Field class

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: “AOF-1 AND AOF-2 EFFECTIVE 07/01/2001.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2008-06-16	180987
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	18,966 bbl	$907,912
Gas	Production	2,303,216 Mcf	$15,251,537
Total			$16,159,449

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 30.5431, -102.2521. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.54307, -102.25211 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

11,365 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 11,365 ft.

Completions filed

Jun 2012

1 of 1 wells

1 well


42-44331025	1	11,365 ft	Jun 2012	—	Yes

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 (112)

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

112 months


Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	96	0	94.67	2.92	$9,088
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	10,706	79.82	2.52	$26,969
May 2012	0	7,341	91.61	2.49	$18,267
Apr 2012	0	8,641	101.65	2.00	$17,254
Mar 2012	187	9,280	105.05	2.22	$40,265
Feb 2012	173	8,446	101.10	2.57	$39,199
Jan 2012	0	9,011	98.09	2.73	$24,637
Dec 2011	0	9,030	96.87	3.24	$29,255
Nov 2011	0	9,045	95.72	3.31	$29,951
Oct 2011	0	8,123	84.98	3.65	$29,637
Sep 2011	0	10,541	83.62	3.99	$42,014
Aug 2011	190	9,823	83.40	4.15	$56,605
Jul 2011	0	9,736	94.14	4.52	$43,980
Jun 2011	0	9,147	92.90	4.64	$42,441
May 2011	0	10,043	98.13	4.40	$44,238
Apr 2011	1	10,034	105.96	4.33	$43,586
Mar 2011	200	10,661	96.36	4.06	$62,527
Feb 2011	0	10,026	85.64	4.18	$41,908
Jan 2011	0	10,096	86.50	4.59	$46,328
Dec 2010	0	10,326	85.73	4.35	$44,895
Nov 2010	0	10,049	80.84	3.80	$38,139
Oct 2010	0	10,571	78.10	3.51	$37,092
Sep 2010	0	10,106	72.63	3.98	$40,217
Aug 2010	0	10,569	73.68	4.42	$46,708
Jul 2010	0	10,774	72.55	4.74	$51,031
Jun 2010	171	10,956	70.36	4.91	$65,830
May 2010	0	11,155	71.12	4.24	$47,244
Apr 2010	0	10,767	81.69	4.12	$44,389
Mar 2010	2	11,439	78.39	4.39	$50,359
Feb 2010	2	10,398	73.58	5.44	$56,737
Jan 2010	201	11,865	74.36	5.96	$85,710
Dec 2009	1	11,848	71.44	5.48	$65,043
Nov 2009	0	11,893	74.59	3.75	$44,617
Oct 2009	187	12,756	72.54	4.11	$65,995
Sep 2009	0	12,499	65.54	3.06	$38,306
Aug 2009	0	13,329	67.42	3.22	$42,899
Jul 2009	0	13,195	61.13	3.46	$45,714
Jun 2009	0	12,840	66.16	3.90	$50,012
May 2009	277	13,300	54.74	3.93	$67,375
Apr 2009	2	12,699	46.77	3.59	$45,651
Mar 2009	0	13,618	42.14	4.06	$55,275
Feb 2009	201	12,581	32.81	4.63	$64,883
Jan 2009	0	13,818	35.86	5.37	$74,216
Dec 2008	191	14,403	37.10	5.98	$93,175
Nov 2008	186	14,417	55.49	6.86	$109,227
Oct 2008	0	18,421	75.24	6.92	$127,510
Sep 2008	0	7,826	101.76	7.88	$61,646
Aug 2008	0	15,227	114.22	8.48	$129,171
Jul 2008	0	15,292	131.08	11.39	$174,167
Jun 2008	0	15,281	131.33	13.03	$199,152
May 2008	0	16,070	123.17	11.57	$185,999
Apr 2008	0	15,475	110.31	10.45	$161,789
Mar 2008	198	16,218	101.90	9.66	$176,908
Feb 2008	204	15,161	92.53	8.77	$151,847
Jan 2008	0	16,766	90.38	8.21	$137,577
Dec 2007	0	17,049	88.33	7.30	$124,491
Nov 2007	189	17,114	91.67	7.29	$142,116
Oct 2007	0	17,064	82.85	6.92	$118,117
Sep 2007	0	17,512	75.84	6.24	$109,348
Aug 2007	183	18,664	69.06	6.39	$131,862
Jul 2007	180	18,848	70.90	6.39	$133,162
Jun 2007	0	18,568	62.00	7.55	$140,160
May 2007	0	19,428	58.74	7.85	$152,438
Apr 2007	0	19,051	59.61	7.81	$148,697
Mar 2007	0	19,991	56.92	7.30	$145,974
Feb 2007	140	18,597	55.10	8.22	$160,507
Jan 2007	193	21,540	50.30	6.73	$154,604
Dec 2006	0	22,407	56.65	6.92	$155,021
Nov 2006	196	21,186	54.20	7.62	$172,007
Oct 2006	191	22,683	54.90	6.01	$146,897
Sep 2006	0	23,088	60.08	5.04	$116,299
Aug 2006	185	24,799	68.71	7.34	$194,734
Jul 2006	0	26,096	69.37	6.34	$165,521
Jun 2006	189	24,993	66.28	6.38	$172,079
May 2006	0	27,198	66.01	6.42	$174,747
Apr 2006	196	27,516	64.39	7.36	$215,151
Mar 2006	196	29,815	56.70	7.08	$222,290
Feb 2006	192	27,324	57.59	7.75	$222,849
Jan 2006	194	32,844	60.59	8.93	$305,160
Dec 2005	0	33,657	54.94	13.42	$451,522
Nov 2005	379	34,673	54.69	10.59	$387,859
Oct 2005	187	41,310	58.34	13.80	$580,812
Sep 2005	186	26,595	61.45	12.08	$332,671
Aug 2005	189	22,427	61.51	9.80	$231,339
Jul 2005	372	25,357	55.69	7.84	$219,608
Jun 2005	189	26,906	52.33	7.38	$208,485
May 2005	391	30,482	45.22	6.65	$220,422
Apr 2005	391	33,610	49.20	7.36	$266,623
Mar 2005	387	29,658	50.37	7.15	$231,693
Feb 2005	196	25,905	45.22	6.31	$172,373
Jan 2005	586	36,516	43.16	6.32	$256,153
Dec 2004	392	35,562	39.86	6.75	$255,707
Nov 2004	389	41,318	45.28	6.33	$279,174
Oct 2004	588	41,433	49.70	6.52	$299,164
Sep 2004	360	41,460	43.24	5.28	$234,637
Aug 2004	684	45,977	42.37	5.55	$284,184
Jul 2004	527	51,312	38.28	6.08	$332,365
Jun 2004	533	53,116	36.10	6.43	$360,938
May 2004	826	61,254	37.48	6.49	$428,777
Apr 2004	763	66,805	34.47	5.86	$417,675
Mar 2004	1,086	81,702	34.36	5.53	$489,138
Feb 2004	1,265	98,428	32.45	5.51	$583,350
Jan 2004	3,006	148,830	32.03	6.30	$1,033,858
Dec 2003	0	1,910	30.26	6.30	$12,036

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 2012 — as filed, then multipliedworked

Condensate            96 bbl  × $ 94.67 =     $9,088
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                   $9,088

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/201760 is the state's own key, not one this site invented.