NOELKE -67-

Operated by TXP, INCORPORATED (P-5 875395) in the MERTZON (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11424District 7CField 60698166Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$444 k
Jan 1993 – Jun 2004
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
138
no gaps in the span
Streams
2
oil, casinghead 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 14 leases and 19 wells, and the rule below applies to all of them.

Discovered
1965-12-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-05-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: MULTIPLE 49B FIELD WITH 80 ACRE UNIT BASE

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
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
OilDisposition9,966 bbl$188,147
Casinghead gasProduction152,282 Mcf$255,921
Total$444,068

75,144 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 31.1882, -100.8921. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.18823, -100.89212 · 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
6,900 ft
1 wells filed one
Completion to plug
18.8 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 6,900 ft.

Completions filed
Jun 1985
1 of 1 wells
Plug dates filed
Apr 2004
1 of 1 wells

Last completion to plug: a median of 18.8 years across the 1 well that filed both dates, with the middle half between 18.8 years and 18.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2353256816,900 ftJun 1985Apr 2004Yes

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 (138)

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

138 months

Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 2004122032.455.51$3,959
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003051028.804.60$2,344
Oct 2003033728.174.76$1,604
Sep 200318246726.314.75$7,006
Aug 2003060629.765.13$3,109
Jul 2003058429.415.17$3,020
Jun 2003052828.565.98$3,159
May 2003355326.595.97$3,383
Apr 200316647226.675.41$6,979
Mar 2003041431.146.10$2,524
Feb 2003328833.487.93$2,383
Jan 2003125530.315.58$1,454
Dec 2002020526.914.85$995
Nov 20021524.664.14$45
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 200223025.963.16$597
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001144116.932.36$2,440
Nov 200101218.072.41$29
Oct 2001085919.782.53$2,172
Sep 200101,18124.262.25$2,659
Aug 20011791,26024.873.05$8,299
Jul 200101,27023.933.20$4,060
Jun 20011801,26724.563.82$9,266
May 200101,30425.524.31$5,617
Apr 200101,27324.685.34$6,792
Mar 20011721,34124.545.38$11,431
Feb 200101,22227.755.77$7,047
Jan 20011721,41127.478.40$16,575
Dec 200001,16826.889.12$10,655
Nov 20001771,07332.215.66$11,772
Oct 200001,25931.235.15$6,478
Sep 20001791,21231.875.19$11,991
Aug 200001,27829.644.54$5,803
Jul 20001761,31028.534.09$10,379
Jun 200001,31129.304.40$5,765
May 200001,13027.263.68$4,158
Apr 20001801,17924.513.12$8,086
Mar 200001,33028.422.86$3,803
Feb 20001741,24927.622.73$8,211
Jan 200001,21525.272.48$3,014
Dec 19991741,43124.282.42$7,693
Nov 199901,32923.192.43$3,235
Oct 19991771,42620.982.80$7,712
Sep 199901,43321.752.62$3,753
Aug 199901,18719.262.88$3,413
Jul 19991771,22317.892.37$6,068
Jun 199901,05115.942.36$2,483
May 19991761,16615.792.32$5,485
Apr 199901,11315.102.21$2,458
Mar 19991721,02412.471.84$4,027
Feb 199921,1659.981.82$2,138
Jan 19991731,28110.381.90$4,230
Dec 199808669.201.77$1,536
Nov 199818175310.892.19$3,617
Oct 199801,16812.421.97$2,300
Sep 199801,12912.592.08$2,351
Aug 19981761,23711.301.91$4,348
Jul 199801,13111.742.24$2,530
Jun 19981771,44111.242.24$5,213
May 199801,31612.622.21$2,904
Apr 19981671,44513.042.51$5,798
Mar 199802,10912.802.31$4,871
Feb 19981781,23213.952.30$5,316
Jan 1998077914.702.15$1,679
Dec 19971761,31416.322.41$6,041
Nov 199701,71118.193.09$5,284
Oct 199731,59819.253.15$5,091
Sep 19971751,37317.742.95$7,162
Aug 199701,23017.862.55$3,142
Jul 19971761,32217.582.25$6,065
Jun 199701,13817.242.26$2,569
May 19971761,11618.972.31$5,915
Apr 199701,32417.882.08$2,758
Mar 19973191,04318.951.94$8,068
Feb 1997096420.492.21$2,126
Jan 199701,23123.483.54$4,357
Dec 19961661,32523.32$3,871
Nov 199601,27021.97$0
Oct 19961691,07923.31$3,939
Sep 1996064722.22$0
Aug 199613728720.26$2,776
Jul 199601,17119.55$0
Jun 19961621,20218.73$3,034
May 199601,49719.43$0
Apr 19961741,55921.51$3,743
Mar 199611,95019.38$19
Feb 19961601,14716.98$2,717
Jan 19961711,11517.07$2,919
Dec 199501,78117.19$0
Nov 19951761,27516.00$2,816
Oct 199501,99515.43$0
Sep 19951731,69316.18$2,799
Aug 199511,72215.92$16
Jul 199501,96815.24$0
Jun 19951771,75316.41$2,905
May 19951761,76417.56$3,091
Apr 19951671,24917.73$2,961
Mar 199502,01516.44$0
Feb 19951721,80216.58$2,852
Jan 19951692,23615.92$2,690
Dec 199401,32015.03$0
Nov 19941751,60915.90$2,783
Oct 1994018015.58$0
Sep 199401,58715.29$0
Aug 19941731,79816.13$2,790
Jul 19941681,83117.56$2,950
Jun 199401,73117.09$0
May 19941731,91315.88$2,747
Apr 199401,64514.14$0
Mar 19941721,89712.46$2,143
Feb 19941731,90912.50$2,163
Jan 199402,01012.66$0
Dec 19931741,90312.33$2,145
Nov 199301,87114.49$0
Oct 19931741,75315.85$2,758
Sep 19931761,82915.03$2,645
Aug 199301,98115.66$0
Jul 19931691,78215.46$2,613
Jun 19931751,48316.79$2,938
May 199301,44717.68$0
Apr 19931761,34018.05$3,177
Mar 19931801,28618.14$3,265
Feb 19931681,55317.90$3,007
Jan 199301,98416.93$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.

Feb 2004 — as filed, then multipliedworked
Oil                  122 bbl  × $ 32.45 =     $3,959
Casinghead gas         0 Mcf  × $  5.51 =         $0

────────────────────────────────────────────────────
Month total                                   $3,959

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/11424 is the state's own key, not one this site invented.