SUGG 3085 "A"

Operated by MEADCO PROPERTIES (P-5 556500) in the ANDREW A. (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 85945District 7CField 02718400NGPA filingCondensateGasSaveExport
Value, all time
$85 k
Jan 1993 – Sep 2012
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
237
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 201 leases and 267 wells, and the rule below applies to all of them.

Discovered
1977-05-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1993-12-13.

The Commission's schedule remark for this field reads: RULES CORRECTED FROM OPTIONAL 80 A TO OPTIONAL 160AC 5/14/02 GN

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
NGPA3none

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
CondensateDisposition634 bbl$16,447
GasProduction37,402 Mcf$68,650
Total$85,097

21,407 Mcf of this lease's gas, across 48 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 31.3695, -101.0146. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.36946, -101.01459 · 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
7,585 ft
1 wells filed one
Completion to plug
32.0 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 7,585 ft.

Completions filed
Jan 1980
1 of 1 wells
Plug dates filed
Jan 2012
1 of 1 wells

Last completion to plug: a median of 32.0 years across the 1 well that filed both dates, with the middle half between 32.0 years and 32.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2353146517,585 ftJan 1980Jan 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 (237)

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

237 months

Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 201294079.822.52$7,503
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 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 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 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 200703291.677.29$233
Oct 200703082.856.92$208
Sep 200701175.846.24$69
Aug 200701069.066.39$64
Jul 200704470.906.39$281
Jun 200702062.007.55$151
May 200704258.747.85$330
Apr 2007010259.617.81$796
Mar 200709056.927.30$657
Feb 2007010455.108.22$854
Jan 2007013150.306.73$881
Dec 200603256.656.92$221
Nov 200603354.207.62$251
Oct 200605654.906.01$337
Sep 200604060.085.04$201
Aug 200603268.717.34$235
Jul 200603269.376.34$203
Jun 200603766.286.38$236
May 200607066.016.42$450
Apr 2006011064.397.36$810
Mar 200604356.707.08$305
Feb 200604357.597.75$333
Jan 200605960.598.93$527
Dec 200505454.9413.42$724
Nov 200506254.6910.59$656
Oct 2005010958.3413.80$1,504
Sep 2005012361.4512.08$1,486
Aug 2005011261.519.80$1,097
Jul 200508355.697.84$651
Jun 200506552.337.38$480
May 200506845.226.65$452
Apr 200505149.207.36$375
Mar 200505250.377.15$372
Feb 200503645.226.31$227
Jan 200505943.166.32$373
Dec 200406239.866.75$419
Nov 200407645.286.33$481
Oct 200408449.706.52$547
Sep 200409143.245.28$481
Aug 2004014442.375.55$799
Jul 2004010438.286.08$633
Jun 200404036.106.43$257
May 200404537.486.49$292
Apr 2004011434.475.86$668
Mar 200405734.365.53$315
Feb 200409232.455.51$507
Jan 200408332.036.30$523
Dec 200308630.266.30$542
Nov 2003010328.804.60$473
Oct 2003012928.174.76$614
Sep 2003013226.314.75$627
Aug 2003023129.765.13$1,185
Jul 2003017629.415.17$910
Jun 2003011928.565.98$712
May 2003013926.595.97$830
Apr 2003012726.675.41$687
Mar 2003011631.146.10$707
Feb 2003011933.487.93$943
Jan 2003016030.315.58$893
Dec 2002019126.914.85$927
Nov 2002018024.664.14$745
Oct 2002017726.464.23$749
Sep 2002028827.443.64$1,047
Aug 2002011025.963.16$348
Jul 2002020724.583.06$634
Jun 2002020323.733.34$678
May 2002015524.663.58$556
Apr 2002019023.653.51$667
Mar 2002026222.003.10$813
Feb 2002023218.222.38$551
Jan 2002016217.172.38$385
Dec 2001015816.932.36$374
Nov 2001012918.072.41$310
Oct 2001017219.782.53$435
Sep 2001019524.262.25$439
Aug 2001019424.873.05$592
Jul 2001023723.933.20$758
Jun 2001022224.563.82$849
May 2001022125.524.31$952
Apr 2001016724.685.34$891
Mar 2001012324.545.38$661
Feb 2001012127.755.77$698
Jan 2001023427.478.40$1,965
Dec 2000011226.889.12$1,022
Nov 2000021132.215.66$1,194
Oct 2000010331.235.15$530
Sep 2000012531.875.19$648
Aug 2000014529.644.54$658
Jul 2000015628.534.09$638
Jun 2000021429.304.40$941
May 2000013027.263.68$478
Apr 2000014824.513.12$461
Mar 200009528.422.86$272
Feb 2000012027.622.73$327
Jan 2000012625.272.48$313
Dec 1999014824.282.42$359
Nov 1999019423.192.43$472
Oct 1999016220.982.80$454
Sep 1999011721.752.62$306
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 1999019215.792.32$446
Apr 1999019215.102.21$424
Mar 1999020712.471.84$381
Feb 199901019.981.82$184
Jan 199908410.381.90$160
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 1998011412.421.97$224
Sep 199801912.592.08$40
Aug 199801611.301.91$31
Jul 19980511.742.24$11
Jun 1998018711.242.24$418
May 1998021112.622.21$466
Apr 1998015513.042.51$388
Mar 1998023712.802.31$547
Feb 1998020213.952.30$464
Jan 1998020714.702.15$446
Dec 1997024716.322.41$596
Nov 1997011918.193.09$368
Oct 1997016619.253.15$523
Sep 1997012017.742.95$355
Aug 199706217.862.55$158
Jul 19972014117.582.25$668
Jun 1997030617.242.26$691
May 1997017318.972.31$399
Apr 1997018117.882.08$377
Mar 1997023918.951.94$463
Feb 1997031320.492.21$690
Jan 1997025723.483.54$910
Dec 1996025723.32$0
Nov 1996024321.97$0
Oct 1996020823.31$0
Sep 1996018822.22$0
Aug 1996025920.26$0
Jul 1996031019.55$0
Jun 1996031918.73$0
May 1996043219.43$0
Apr 1996049921.51$0
Mar 1996047819.38$0
Feb 1996040916.98$0
Jan 1996045417.07$0
Dec 1995040917.19$0
Nov 199516654516.00$2,656
Oct 1995052915.43$0
Sep 1995056316.18$0
Aug 1995026515.92$0
Jul 1995025715.24$0
Jun 1995031116.41$0
May 1995037017.56$0
Apr 1995036417.73$0
Mar 1995052516.44$0
Feb 1995049716.58$0
Jan 1995059515.92$0
Dec 1994076515.03$0
Nov 19940415.90$0
Oct 1994053915.58$0
Sep 1994052515.29$0
Aug 1994054916.13$0
Jul 1994057617.56$0
Jun 1994056717.09$0
May 199417956915.88$2,843
Apr 1994057314.14$0
Mar 1994058612.46$0
Feb 1994056512.50$0
Jan 1994062712.66$0
Dec 1993067112.33$0
Nov 1993041514.49$0
Oct 1993054915.85$0
Sep 1993055815.03$0
Aug 1993036515.66$0
Jul 1993034015.46$0
Jun 1993058816.79$0
May 199317553917.68$3,094
Apr 1993054518.05$0
Mar 1993042518.14$0
Feb 1993032117.90$0
Jan 1993036016.93$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.

Jun 2012 — as filed, then multipliedworked
Condensate            94 bbl  × $ 79.82 =     $7,503
Gas                    0 Mcf  × $  2.52 =         $0

────────────────────────────────────────────────────
Month total                                   $7,503

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/85945 is the state's own key, not one this site invented.