MUNSON 14-5

Name: MUNSON 14-5 lease production and value, Oct 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 14476District 7CField 52368480OilCasinghead gasSave Export

Value, all time

$1.2 M

Oct 1996 – Sep 2005

Value, last 12 filed months

$88 k

at the published price for each month

Months reported

108

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	1,679 bbl	$42,749
Casinghead gas	Production	386,020 Mcf	$1,156,351
Total			$1,199,101

37,087 Mcf of this lease's gas, across 2 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 31.1340, -101.0918. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.13405, -101.09182 · 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

7,000 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 7,000 ft.

Completions filed

Oct 1996

1 of 1 wells

1 well


42-23533565	1405	7,000 ft	Oct 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 (108)

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

108 months


Sep 2005	70	0	61.45	12.08	$4,302
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	1,696	49.20	7.36	$12,483
Mar 2005	0	1,749	50.37	7.15	$12,514
Feb 2005	0	1,592	45.22	6.31	$10,049
Jan 2005	0	1,772	43.16	6.32	$11,203
Dec 2004	0	1,714	39.86	6.75	$11,571
Nov 2004	0	1,715	45.28	6.33	$10,857
Oct 2004	69	1,802	49.70	6.52	$15,170
Sep 2004	0	1,821	43.24	5.28	$9,622
Aug 2004	0	1,726	42.37	5.55	$9,580
Jul 2004	0	1,751	38.28	6.08	$10,653
Jun 2004	0	1,801	36.10	6.43	$11,586
May 2004	0	1,837	37.48	6.49	$11,931
Apr 2004	0	1,761	34.47	5.86	$10,317
Mar 2004	0	1,807	34.36	5.53	$9,993
Feb 2004	103	1,813	32.45	5.51	$13,331
Jan 2004	0	1,877	32.03	6.30	$11,824
Dec 2003	0	1,951	30.26	6.30	$12,295
Nov 2003	0	1,847	28.80	4.60	$8,487
Oct 2003	0	1,931	28.17	4.76	$9,191
Sep 2003	0	1,861	26.31	4.75	$8,839
Aug 2003	0	2,029	29.76	5.13	$10,408
Jul 2003	0	2,053	29.41	5.17	$10,616
Jun 2003	0	1,807	28.56	5.98	$10,811
May 2003	0	1,848	26.59	5.97	$11,038
Apr 2003	0	1,969	26.67	5.41	$10,647
Mar 2003	136	1,957	31.14	6.10	$16,165
Feb 2003	0	1,852	33.48	7.93	$14,679
Jan 2003	0	2,080	30.31	5.58	$11,611
Dec 2002	0	1,864	26.91	4.85	$9,047
Nov 2002	0	1,924	24.66	4.14	$7,960
Oct 2002	0	2,006	26.46	4.23	$8,484
Sep 2002	0	2,006	27.44	3.64	$7,292
Aug 2002	0	2,098	25.96	3.16	$6,638
Jul 2002	0	2,123	24.58	3.06	$6,500
Jun 2002	0	2,071	23.73	3.34	$6,914
May 2002	0	2,205	24.66	3.58	$7,903
Apr 2002	0	2,211	23.65	3.51	$7,766
Mar 2002	0	2,388	22.00	3.10	$7,409
Feb 2002	140	2,145	18.22	2.38	$7,647
Jan 2002	0	2,315	17.17	2.38	$5,500
Dec 2001	0	2,323	16.93	2.36	$5,493
Nov 2001	0	2,247	18.07	2.41	$5,405
Oct 2001	0	2,366	19.78	2.53	$5,983
Sep 2001	0	2,312	24.26	2.25	$5,205
Aug 2001	0	2,351	24.87	3.05	$7,178
Jul 2001	0	2,592	23.93	3.20	$8,287
Jun 2001	0	2,375	24.56	3.82	$9,082
May 2001	0	2,466	25.52	4.31	$10,622
Apr 2001	0	2,379	24.68	5.34	$12,693
Mar 2001	0	2,367	24.54	5.38	$12,726
Feb 2001	111	2,291	27.75	5.77	$16,293
Jan 2001	0	2,638	27.47	8.40	$22,156
Dec 2000	0	2,568	26.88	9.12	$23,427
Nov 2000	0	2,249	32.21	5.66	$12,725
Oct 2000	0	2,446	31.23	5.15	$12,586
Sep 2000	53	2,207	31.87	5.19	$13,136
Aug 2000	0	2,570	29.64	4.54	$11,670
Jul 2000	0	2,580	28.53	4.09	$10,552
Jun 2000	0	2,521	29.30	4.40	$11,085
May 2000	0	2,499	27.26	3.68	$9,196
Apr 2000	0	2,345	24.51	3.12	$7,307
Mar 2000	76	2,419	28.42	2.86	$9,078
Feb 2000	0	2,354	27.62	2.73	$6,418
Jan 2000	0	2,564	25.27	2.48	$6,360
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	2,634	23.19	2.43	$6,411
Oct 1999	0	2,802	20.98	2.80	$7,856
Sep 1999	0	2,804	21.75	2.62	$7,343
Aug 1999	0	2,934	19.26	2.88	$8,437
Jul 1999	0	2,975	17.89	2.37	$7,058
Jun 1999	0	2,941	15.94	2.36	$6,947
May 1999	0	3,169	15.79	2.32	$7,355
Apr 1999	0	3,065	15.10	2.21	$6,768
Mar 1999	0	3,169	12.47	1.84	$5,826
Feb 1999	0	2,970	9.98	1.82	$5,399
Jan 1999	0	3,496	10.38	1.90	$6,642
Dec 1998	0	3,430	9.20	1.77	$6,082
Nov 1998	0	3,423	10.89	2.19	$7,482
Oct 1998	176	3,859	12.42	1.97	$9,785
Sep 1998	0	3,859	12.59	2.08	$8,037
Aug 1998	0	3,947	11.30	1.91	$7,528
Jul 1998	0	3,831	11.74	2.24	$8,571
Jun 1998	0	3,802	11.24	2.24	$8,506
May 1998	0	4,202	12.62	2.21	$9,271
Apr 1998	0	2,920	13.04	2.51	$7,316
Mar 1998	0	5,043	12.80	2.31	$11,647
Feb 1998	0	4,688	13.95	2.30	$10,778
Jan 1998	0	5,423	14.70	2.15	$11,685
Dec 1997	0	5,916	16.32	2.41	$14,264
Nov 1997	0	5,916	18.19	3.09	$18,270
Oct 1997	152	6,602	19.25	3.15	$23,721
Sep 1997	0	6,602	17.74	2.95	$19,508
Aug 1997	0	8,695	17.86	2.55	$22,213
Jul 1997	0	8,695	17.58	2.25	$19,537
Jun 1997	0	10,014	17.24	2.26	$22,604
May 1997	69	11,604	18.97	2.31	$28,097
Apr 1997	0	13,963	17.88	2.08	$29,082
Mar 1997	0	17,547	18.95	1.94	$34,026
Feb 1997	149	17,709	20.49	2.21	$42,117
Jan 1997	0	19,480	23.48	3.54	$68,953
Dec 1996	184	22,091	23.32	—	$4,291
Nov 1996	191	14,996	21.97	—	$4,196
Oct 1996	0	0	23.31	—	$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.

Sep 2005 — as filed, then multipliedworked

Oil                   70 bbl  × $ 61.45 =     $4,302
Casinghead gas         0 Mcf  × $ 12.08 =         $0

────────────────────────────────────────────────────
Month total                                   $4,302

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/14476 is the state's own key, not one this site invented.