UT-39A

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

Oil lease lease 11614District 7CField 73243500NGPA filingOilCasinghead gasSaveExport
Value, all time
$64 k
Jan 1993 – Feb 2005
Value, last 12 filed months
$136
at the published price for each month
Months reported
146
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 126 leases and 180 wells, and the rule below applies to all of them.

Discovered
1975-02-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 1983-09-26.

The Commission's schedule remark for this field reads: FIELD RULES EFF. 9/26/83 PER DKT 7C-79,619 NET GOR 750

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
OilDisposition915 bbl$16,388
Casinghead gasProduction26,038 Mcf$47,311
Total$63,698

8,732 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 (2)

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 31.4675, -101.0006. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.47138, -101.00131 · centre of 1 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
7,125 ft
2 wells filed one
Completion to plug
23.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 7,100 and 7,150 ft, median 7,125 ft, over the 2 wells that filed a depth.

Completions filed
Dec 1984 – Dec 1985
2 of 2 wells
Plug dates filed
Oct 2004 – Jul 2013
2 of 2 wells

Last completion to plug: a median of 23.8 years across the 2 wells that filed both dates, with the middle half between 21.3 years and 26.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2353268137,100 ftDec 1985Oct 2004Yes
42-2353208127,150 ftDec 1984Jul 2013Yes

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 (146)

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

146 months

Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20043045.286.33$136
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 200402632.455.51$143
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 200247026.914.85$1,265
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 2002060023.733.34$2,003
May 200201,08524.663.58$3,889
Apr 2002016223.653.51$569
Mar 200207122.003.10$220
Feb 200205918.222.38$140
Jan 2002023517.172.38$558
Dec 2001551,22216.932.36$3,820
Nov 200102,60318.072.41$6,262
Oct 2001099019.782.53$2,504
Sep 200109024.262.25$203
Aug 200109424.873.05$287
Jul 200109323.933.20$297
Jun 200109024.563.82$344
May 200109325.524.31$401
Apr 2001010524.685.34$560
Mar 200109424.545.38$505
Feb 200108527.755.77$490
Jan 2001569327.478.40$2,319
Dec 200009126.889.12$830
Nov 200009532.215.66$538
Oct 2000011431.235.15$587
Sep 2000010231.875.19$529
Aug 200009729.644.54$440
Jul 200009628.534.09$393
Jun 200009629.304.40$422
May 2000011027.263.68$405
Apr 200009824.513.12$305
Mar 200009728.422.86$277
Feb 2000010427.622.73$284
Jan 200009325.272.48$231
Dec 1999014224.282.42$344
Nov 1999019623.192.43$477
Oct 1999019620.982.80$550
Sep 1999015421.752.62$403
Aug 199906119.262.88$175
Jul 1999016617.892.37$394
Jun 1999018515.942.36$437
May 1999022815.792.32$529
Apr 1999057215.102.21$1,263
Mar 19995615412.471.84$981
Feb 199902039.981.82$369
Jan 1999053510.381.90$1,016
Dec 199804989.201.77$883
Nov 1998025210.892.19$551
Oct 1998019112.421.97$376
Sep 1998016012.592.08$333
Aug 1998016911.301.91$322
Jul 199806711.742.24$150
Jun 1998012111.242.24$271
May 1998032012.622.21$706
Apr 1998025313.042.51$634
Mar 1998032812.802.31$758
Feb 19985728413.952.30$1,448
Jan 1998026714.702.15$575
Dec 1997018016.322.41$434
Nov 1997022418.193.09$692
Oct 1997021219.253.15$668
Sep 1997028017.742.95$827
Aug 19975518717.862.55$1,460
Jul 1997016317.582.25$366
Jun 1997018517.242.26$418
May 1997012118.972.31$279
Apr 1997023117.882.08$481
Mar 1997021718.951.94$421
Feb 19975525220.492.21$1,683
Jan 1997026923.483.54$952
Dec 1996020723.32$0
Nov 1996018621.97$0
Oct 1996022723.31$0
Sep 19965519422.22$1,222
Aug 1996015120.26$0
Jul 1996019119.55$0
Jun 1996021918.73$0
May 19965620719.43$1,088
Apr 1996015421.51$0
Mar 1996010919.38$0
Feb 1996016916.98$0
Jan 19964917817.07$836
Dec 1995020017.19$0
Nov 1995020516.00$0
Oct 1995020815.43$0
Sep 1995015316.18$0
Aug 19955123615.92$812
Jul 1995014315.24$0
Jun 1995014516.41$0
May 1995020117.56$0
Apr 1995017417.73$0
Mar 19955315416.44$871
Feb 1995017616.58$0
Jan 1995015715.92$0
Dec 19945019615.03$752
Nov 1994017215.90$0
Oct 1994016615.58$0
Sep 19945416515.29$826
Aug 1994016816.13$0
Jul 1994019017.56$0
Jun 1994014617.09$0
May 1994021215.88$0
Apr 1994020714.14$0
Mar 19945414612.46$673
Feb 1994011412.50$0
Jan 1994018712.66$0
Dec 1993013512.33$0
Nov 1993016514.49$0
Oct 1993012815.85$0
Sep 1993014415.03$0
Aug 1993020315.66$0
Jul 19935320315.46$819
Jun 1993020816.79$0
May 1993020917.68$0
Apr 1993021718.05$0
Mar 19935623418.14$1,016
Feb 1993022217.90$0
Jan 1993025116.93$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.

Nov 2004 — as filed, then multipliedworked
Oil                    3 bbl  × $ 45.28 =       $136
Casinghead gas         0 Mcf  × $  6.33 =         $0

────────────────────────────────────────────────────
Month total                                     $136

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/11614 is the state's own key, not one this site invented.