MUNSON 15-3

Name: MUNSON 15-3 lease production and value, Apr 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MUNSON, DAVID M. INC. (P-5 593201) in the LAVAN (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14369District 7CField 52368480OilCasinghead gasSave Export

Value, all time

$959 k

Apr 1996 – Apr 2008

Value, last 12 filed months

$11 k

at the published price for each month

Months reported

145

no gaps in the span

Streams

oil, casinghead gas

The LAVAN (WOLFCAMP) 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 66 leases and 76 wells, and the rule below applies to all of them.

Discovered

1992-07-06

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 40 acres. The field rule took effect on 1995-08-01.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA ADDMINISTRATIVELY SUPENDED 11/1/95”

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	2,262 bbl	$62,357
Casinghead gas	Production	362,276 Mcf	$896,564
Total			$958,922

93,826 Mcf of this lease's gas, across 9 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 31.1537, -101.0877. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.15374, -101.08771 · 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

6,857 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 6,857 ft.

Completions filed

Apr 1996

1 of 1 wells

1 well


42-23533492	15C	6,857 ft	Apr 1996	—	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 (145)

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

145 months


Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	125	0	88.33	7.30	$11,041
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	14	55.10	8.22	$115
Jan 2007	0	386	50.30	6.73	$2,597
Dec 2006	0	189	56.65	6.92	$1,308
Nov 2006	0	432	54.20	7.62	$3,291
Oct 2006	0	742	54.90	6.01	$4,462
Sep 2006	0	724	60.08	5.04	$3,647
Aug 2006	0	836	68.71	7.34	$6,136
Jul 2006	0	890	69.37	6.34	$5,645
Jun 2006	0	861	66.28	6.38	$5,497
May 2006	0	910	66.01	6.42	$5,847
Apr 2006	0	853	64.39	7.36	$6,278
Mar 2006	0	881	56.70	7.08	$6,240
Feb 2006	0	698	57.59	7.75	$5,410
Jan 2006	0	694	60.59	8.93	$6,200
Dec 2005	0	495	54.94	13.42	$6,641
Nov 2005	0	786	54.69	10.59	$8,322
Oct 2005	0	843	58.34	13.80	$11,630
Sep 2005	83	813	61.45	12.08	$14,921
Aug 2005	0	903	61.51	9.80	$8,847
Jul 2005	0	932	55.69	7.84	$7,310
Jun 2005	0	911	52.33	7.38	$6,724
May 2005	0	738	45.22	6.65	$4,909
Apr 2005	0	939	49.20	7.36	$6,911
Mar 2005	0	919	50.37	7.15	$6,575
Feb 2005	0	816	45.22	6.31	$5,151
Jan 2005	0	961	43.16	6.32	$6,076
Dec 2004	0	958	39.86	6.75	$6,468
Nov 2004	0	927	45.28	6.33	$5,868
Oct 2004	103	726	49.70	6.52	$9,849
Sep 2004	0	961	43.24	5.28	$5,078
Aug 2004	0	760	42.37	5.55	$4,219
Jul 2004	0	866	38.28	6.08	$5,269
Jun 2004	0	847	36.10	6.43	$5,449
May 2004	0	910	37.48	6.49	$5,910
Apr 2004	0	872	34.47	5.86	$5,109
Mar 2004	0	877	34.36	5.53	$4,850
Feb 2004	0	905	32.45	5.51	$4,986
Jan 2004	0	837	32.03	6.30	$5,273
Dec 2003	181	946	30.26	6.30	$11,438
Nov 2003	0	880	28.80	4.60	$4,044
Oct 2003	0	906	28.17	4.76	$4,312
Sep 2003	0	917	26.31	4.75	$4,355
Aug 2003	0	976	29.76	5.13	$5,007
Jul 2003	0	799	29.41	5.17	$4,132
Jun 2003	0	694	28.56	5.98	$4,152
May 2003	0	858	26.59	5.97	$5,125
Apr 2003	0	780	26.67	5.41	$4,218
Mar 2003	0	838	31.14	6.10	$5,108
Feb 2003	0	688	33.48	7.93	$5,453
Jan 2003	0	913	30.31	5.58	$5,096
Dec 2002	0	1,023	26.91	4.85	$4,965
Nov 2002	0	1,039	24.66	4.14	$4,298
Oct 2002	0	1,049	26.46	4.23	$4,436
Sep 2002	0	1,049	27.44	3.64	$3,813
Aug 2002	0	1,114	25.96	3.16	$3,525
Jul 2002	0	1,091	24.58	3.06	$3,340
Jun 2002	0	1,209	23.73	3.34	$4,036
May 2002	0	680	24.66	3.58	$2,437
Apr 2002	0	874	23.65	3.51	$3,070
Mar 2002	0	1,045	22.00	3.10	$3,242
Feb 2002	146	918	18.22	2.38	$4,841
Jan 2002	0	993	17.17	2.38	$2,359
Dec 2001	0	1,038	16.93	2.36	$2,454
Nov 2001	0	1,135	18.07	2.41	$2,730
Oct 2001	0	1,207	19.78	2.53	$3,052
Sep 2001	0	1,124	24.26	2.25	$2,530
Aug 2001	0	1,263	24.87	3.05	$3,856
Jul 2001	0	1,328	23.93	3.20	$4,246
Jun 2001	0	991	24.56	3.82	$3,790
May 2001	0	1,212	25.52	4.31	$5,220
Apr 2001	0	1,259	24.68	5.34	$6,717
Mar 2001	0	1,367	24.54	5.38	$7,350
Feb 2001	0	1,191	27.75	5.77	$6,869
Jan 2001	0	1,364	27.47	8.40	$11,456
Dec 2000	0	1,465	26.88	9.12	$13,364
Nov 2000	0	1,421	32.21	5.66	$8,040
Oct 2000	0	1,548	31.23	5.15	$7,965
Sep 2000	0	1,483	31.87	5.19	$7,692
Aug 2000	52	1,643	29.64	4.54	$9,002
Jul 2000	0	1,625	28.53	4.09	$6,646
Jun 2000	0	1,623	29.30	4.40	$7,137
May 2000	0	1,692	27.26	3.68	$6,226
Apr 2000	0	1,724	24.51	3.12	$5,372
Mar 2000	14	1,759	28.42	2.86	$5,428
Feb 2000	176	1,723	27.62	2.73	$9,559
Jan 2000	0	1,941	25.27	2.48	$4,815
Dec 1999	0	1,999	24.28	2.42	$4,845
Nov 1999	0	1,959	23.19	2.43	$4,768
Oct 1999	0	2,128	20.98	2.80	$5,966
Sep 1999	0	2,088	21.75	2.62	$5,468
Aug 1999	0	2,137	19.26	2.88	$6,145
Jul 1999	0	2,259	17.89	2.37	$5,359
Jun 1999	0	2,211	15.94	2.36	$5,223
May 1999	0	2,489	15.79	2.32	$5,777
Apr 1999	0	2,513	15.10	2.21	$5,549
Mar 1999	0	2,643	12.47	1.84	$4,859
Feb 1999	0	2,506	9.98	1.82	$4,555
Jan 1999	0	2,870	10.38	1.90	$5,453
Dec 1998	96	2,881	9.20	1.77	$5,992
Nov 1998	0	2,990	10.89	2.19	$6,535
Oct 1998	0	3,195	12.42	1.97	$6,292
Sep 1998	0	3,332	12.59	2.08	$6,939
Aug 1998	0	3,508	11.30	1.91	$6,691
Jul 1998	0	3,772	11.74	2.24	$8,439
Jun 1998	0	3,642	11.24	2.24	$8,148
May 1998	0	2,936	12.62	2.21	$6,478
Apr 1998	0	4,138	13.04	2.51	$10,367
Mar 1998	178	4,581	12.80	2.31	$12,858
Feb 1998	0	4,371	13.95	2.30	$10,050
Jan 1998	0	5,154	14.70	2.15	$11,106
Dec 1997	0	5,453	16.32	2.41	$13,148
Nov 1997	0	5,799	18.19	3.09	$17,909
Oct 1997	0	6,383	19.25	3.15	$20,105
Sep 1997	0	7,021	17.74	2.95	$20,746
Aug 1997	0	7,880	17.86	2.55	$20,131
Jul 1997	0	8,684	17.58	2.25	$19,512
Jun 1997	0	9,301	17.24	2.26	$20,994
May 1997	154	10,572	18.97	2.31	$27,327
Apr 1997	0	11,104	17.88	2.08	$23,127
Mar 1997	0	12,449	18.95	1.94	$24,140
Feb 1997	0	12,552	20.49	2.21	$27,688
Jan 1997	0	12,933	23.48	3.54	$45,779
Dec 1996	99	14,168	23.32	—	$2,309
Nov 1996	145	16,397	21.97	—	$3,186
Oct 1996	0	19,042	23.31	—	$0
Sep 1996	153	21,450	22.22	—	$3,400
Aug 1996	0	2,961	20.26	—	$0
Jul 1996	50	232	19.55	—	$978
Jun 1996	0	1,056	18.73	—	$0
May 1996	337	18,519	19.43	—	$6,548
Apr 1996	170	1	21.51	—	$3,657

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.

Dec 2007 — as filed, then multipliedworked

Oil                  125 bbl  × $ 88.33 =    $11,041
Casinghead gas         0 Mcf  × $  7.30 =         $0

────────────────────────────────────────────────────
Month total                                  $11,041

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/14369 is the state's own key, not one this site invented.