MORGAN

Name: MORGAN lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HENRY PETROLEUM LP (P-5 378642) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11092District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$252 k

Jan 1993 – Nov 2003

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

131

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered

1904-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: “AREA) 85279200.”

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
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
Oil	Disposition	11,329 bbl	$206,824
Casinghead gas	Production	23,858 Mcf	$44,808
Total			$251,632

9,942 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 31.4415, -101.9270. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.44155, -101.92704 · 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

100.0%

1 of 1 wells

Median depth

8,783 ft

1 wells filed one

Completion to plug

19.0 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 8,783 ft.

Completions filed

Sep 1984

1 of 1 wells

Plug dates filed

Sep 2003

1 of 1 wells

Last completion to plug: a median of 19.0 years across the 1 well that filed both dates, with the middle half between 19.0 years and 19.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-46132205	1	8,783 ft	Sep 1984	Sep 2003	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 (131)

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

131 months


Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	34	0	26.31	4.75	$895
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	164	0	26.91	4.85	$4,413
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	1	59	27.44	3.64	$242
Aug 2002	1	100	25.96	3.16	$342
Jul 2002	0	81	24.58	3.06	$248
Jun 2002	0	68	23.73	3.34	$227
May 2002	2	127	24.66	3.58	$504
Apr 2002	0	145	23.65	3.51	$509
Mar 2002	0	76	22.00	3.10	$236
Feb 2002	0	45	18.22	2.38	$107
Jan 2002	179	213	17.17	2.38	$3,579
Dec 2001	2	63	16.93	2.36	$183
Nov 2001	0	62	18.07	2.41	$149
Oct 2001	2	249	19.78	2.53	$669
Sep 2001	0	67	24.26	2.25	$151
Aug 2001	1	166	24.87	3.05	$532
Jul 2001	177	178	23.93	3.20	$4,805
Jun 2001	1	125	24.56	3.82	$503
May 2001	3	175	25.52	4.31	$830
Apr 2001	171	232	24.68	5.34	$5,458
Mar 2001	0	268	24.54	5.38	$1,441
Feb 2001	171	236	27.75	5.77	$6,106
Jan 2001	0	268	27.47	8.40	$2,251
Dec 2000	169	292	26.88	9.12	$7,206
Nov 2000	1	312	32.21	5.66	$1,798
Oct 2000	168	246	31.23	5.15	$6,512
Sep 2000	0	222	31.87	5.19	$1,151
Aug 2000	0	226	29.64	4.54	$1,026
Jul 2000	166	253	28.53	4.09	$5,771
Jun 2000	171	253	29.30	4.40	$6,123
May 2000	167	271	27.26	3.68	$5,550
Apr 2000	0	261	24.51	3.12	$813
Mar 2000	0	214	28.42	2.86	$612
Feb 2000	167	231	27.62	2.73	$5,242
Jan 2000	0	270	25.27	2.48	$670
Dec 1999	178	276	24.28	2.42	$4,991
Nov 1999	0	231	23.19	2.43	$562
Oct 1999	173	181	20.98	2.80	$4,137
Sep 1999	0	233	21.75	2.62	$610
Aug 1999	0	221	19.26	2.88	$636
Jul 1999	172	220	17.89	2.37	$3,599
Jun 1999	0	245	15.94	2.36	$579
May 1999	171	187	15.79	2.32	$3,134
Apr 1999	1	254	15.10	2.21	$576
Mar 1999	174	222	12.47	1.84	$2,578
Feb 1999	1	235	9.98	1.82	$437
Jan 1999	173	289	10.38	1.90	$2,345
Dec 1998	0	186	9.20	1.77	$330
Nov 1998	172	96	10.89	2.19	$2,083
Oct 1998	515	171	12.42	1.97	$6,733
Sep 1998	0	231	12.59	2.08	$481
Aug 1998	0	237	11.30	1.91	$452
Jul 1998	0	227	11.74	2.24	$508
Jun 1998	0	204	11.24	2.24	$456
May 1998	0	237	12.62	2.21	$523
Apr 1998	156	254	13.04	2.51	$2,671
Mar 1998	1	243	12.80	2.31	$574
Feb 1998	175	238	13.95	2.30	$2,988
Jan 1998	2	286	14.70	2.15	$646
Dec 1997	182	283	16.32	2.41	$3,653
Nov 1997	169	261	18.19	3.09	$3,880
Oct 1997	0	266	19.25	3.15	$838
Sep 1997	172	216	17.74	2.95	$3,690
Aug 1997	2	225	17.86	2.55	$611
Jul 1997	166	191	17.58	2.25	$3,347
Jun 1997	171	155	17.24	2.26	$3,298
May 1997	0	175	18.97	2.31	$404
Apr 1997	169	138	17.88	2.08	$3,309
Mar 1997	1	169	18.95	1.94	$347
Feb 1997	162	173	20.49	2.21	$3,701
Jan 1997	166	206	23.48	3.54	$4,627
Dec 1996	0	210	23.32	—	$0
Nov 1996	145	204	21.97	—	$3,186
Oct 1996	172	187	23.31	—	$4,009
Sep 1996	0	197	22.22	—	$0
Aug 1996	177	224	20.26	—	$3,586
Jul 1996	178	204	19.55	—	$3,480
Jun 1996	0	163	18.73	—	$0
May 1996	166	146	19.43	—	$3,225
Apr 1996	184	119	21.51	—	$3,958
Mar 1996	0	9	19.38	—	$0
Feb 1996	149	223	16.98	—	$2,530
Jan 1996	173	290	17.07	—	$2,953
Dec 1995	173	289	17.19	—	$2,974
Nov 1995	0	274	16.00	—	$0
Oct 1995	137	245	15.43	—	$2,114
Sep 1995	133	203	16.18	—	$2,152
Aug 1995	173	129	15.92	—	$2,754
Jul 1995	172	77	15.24	—	$2,621
Jun 1995	173	128	16.41	—	$2,839
May 1995	0	169	17.56	—	$0
Apr 1995	155	247	17.73	—	$2,748
Mar 1995	146	195	16.44	—	$2,400
Feb 1995	171	225	16.58	—	$2,835
Jan 1995	96	262	15.92	—	$1,528
Dec 1994	172	242	15.03	—	$2,585
Nov 1994	0	239	15.90	—	$0
Oct 1994	138	261	15.58	—	$2,150
Sep 1994	146	248	15.29	—	$2,232
Aug 1994	158	237	16.13	—	$2,549
Jul 1994	170	252	17.56	—	$2,985
Jun 1994	151	246	17.09	—	$2,581
May 1994	168	219	15.88	—	$2,668
Apr 1994	0	282	14.14	—	$0
Mar 1994	165	233	12.46	—	$2,056
Feb 1994	170	138	12.50	—	$2,125
Jan 1994	170	147	12.66	—	$2,152
Dec 1993	0	224	12.33	—	$0
Nov 1993	170	262	14.49	—	$2,463
Oct 1993	171	277	15.85	—	$2,710
Sep 1993	287	269	15.03	—	$4,314
Aug 1993	176	248	15.66	—	$2,756
Jul 1993	0	236	15.46	—	$0
Jun 1993	177	142	16.79	—	$2,972
May 1993	0	158	17.68	—	$0
Apr 1993	175	89	18.05	—	$3,159
Mar 1993	0	237	18.14	—	$0
Feb 1993	175	236	17.90	—	$3,133
Jan 1993	175	201	16.93	—	$2,963

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 2003 — as filed, then multipliedworked

Oil                   34 bbl  × $ 26.31 =       $895
Casinghead gas         0 Mcf  × $  4.75 =         $0

────────────────────────────────────────────────────
Month total                                     $895

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/O/11092 is the state's own key, not one this site invented.