FELMONT-MORGAN

Operated by JM COX RESOURCES, L.P. (P-5 433075) 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 7731District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – Jun 2007
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
174
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 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.

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
OilDisposition14,776 bbl$333,280
Casinghead gasProduction387,740 Mcf$919,267
Total$1,252,547

139,794 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 31.4180, -101.9358. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.41795, -101.93584 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
8,650 ft
2 wells filed one
Completion to plug
14.1 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 8,650 and 8,650 ft, median 8,650 ft, over the 2 wells that filed a depth.

Completions filed
Jan 1979 – Jul 1989
2 of 2 wells
Plug dates filed
May 1989 – May 2007
2 of 2 wells

Last completion to plug: a median of 14.1 years across the 2 wells that filed both dates, with the middle half between 12.3 years and 16.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4613289528,650 ftJul 1989May 2007Yes
42-4613137818,650 ftJan 1979May 1989Yes

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 (174)

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

174 months

Jun 20070062.007.55$0
May 2007013158.747.85$1,028
Apr 200707559.617.81$585
Mar 200708456.927.30$613
Feb 2007010555.108.22$863
Jan 2007010850.306.73$727
Dec 2006022256.656.92$1,536
Nov 2006034754.207.62$2,643
Oct 200617627254.906.01$11,298
Sep 2006034360.085.04$1,728
Aug 2006056168.717.34$4,118
Jul 2006052569.376.34$3,330
Jun 200617757366.286.38$15,390
May 2006063866.016.42$4,099
Apr 2006049364.397.36$3,629
Mar 2006061456.707.08$4,349
Feb 200617859157.597.75$14,832
Jan 2006065960.598.93$5,887
Dec 2005059254.9413.42$7,942
Nov 200516860054.6910.59$15,541
Oct 2005074858.3413.80$10,319
Sep 2005075561.4512.08$9,120
Aug 2005073061.519.80$7,152
Jul 200517880055.697.84$16,188
Jun 2005086152.337.38$6,355
May 2005083645.226.65$5,560
Apr 2005079849.207.36$5,874
Mar 200517783150.377.15$14,861
Feb 2005084045.226.31$5,302
Jan 2005092943.166.32$5,873
Dec 2004074239.866.75$5,009
Nov 200417789645.286.33$13,687
Oct 2004094749.706.52$6,170
Sep 2004098143.245.28$5,184
Aug 20041861,08842.375.55$13,920
Jul 200401,07138.286.08$6,516
Jun 200401,10936.106.43$7,134
May 200401,42437.486.49$9,248
Apr 200401,09634.475.86$6,421
Mar 2004069234.365.53$3,827
Feb 2004073432.455.51$4,044
Jan 2004086632.036.30$5,455
Dec 20031741,10130.266.30$12,203
Nov 2003052428.804.60$2,408
Oct 2003062628.174.76$2,980
Sep 2003077726.314.75$3,690
Aug 20031781,61729.765.13$13,592
Jul 200301,67629.415.17$8,666
Jun 20031791,55328.565.98$14,404
May 200301,74626.595.97$10,428
Apr 20031621,66726.675.41$13,334
Mar 200301,54231.146.10$9,400
Feb 200301,52633.487.93$12,095
Jan 20031681,79330.315.58$15,101
Dec 200201,50426.914.85$7,300
Nov 20021591,70824.664.14$10,987
Oct 200201,81126.464.23$7,659
Sep 200201,74127.443.64$6,329
Aug 20021681,96925.963.16$10,592
Jul 20021621,91024.583.06$9,830
Jun 200201,92123.733.34$6,413
May 20021751,82824.663.58$10,867
Apr 200201,91023.653.51$6,709
Mar 20021742,01022.003.10$10,064
Feb 200201,84518.222.38$4,383
Jan 20021662,04117.172.38$7,699
Dec 20011632,12216.932.36$7,777
Nov 200102,16518.072.41$5,208
Oct 20011732,26619.782.53$9,152
Sep 200102,24824.262.25$5,061
Aug 20011822,32224.873.05$11,616
Jul 200107,35823.933.20$23,524
Jun 20011762,37224.563.82$13,393
May 200102,41025.524.31$10,381
Apr 20011752,37324.685.34$16,980
Mar 20011552,49824.545.38$17,234
Feb 200102,37927.755.77$13,720
Jan 20011822,59027.478.40$26,752
Dec 200002,75526.889.12$25,132
Nov 20001782,66532.215.66$20,812
Oct 200002,77931.235.15$14,299
Sep 20001662,71931.875.19$19,393
Aug 200002,91429.644.54$13,232
Jul 20001742,98728.534.09$17,180
Jun 200002,99629.304.40$13,174
May 20001803,02227.263.68$16,027
Apr 20001612,93324.513.12$13,085
Mar 200002,86528.422.86$8,193
Feb 20001722,85627.622.73$12,538
Jan 200003,12325.272.48$7,747
Dec 19991803,11424.282.42$11,918
Nov 199902,94923.192.43$7,178
Oct 19991713,28420.982.80$12,795
Sep 199903,19421.752.62$8,365
Aug 19991833,03519.262.88$12,252
Jul 199903,03717.892.37$7,205
Jun 199903,01515.942.36$7,122
May 19991872,39315.792.32$8,507
Apr 199942,95515.102.21$6,585
Mar 199983,14412.471.84$5,879
Feb 19991922,9529.981.82$7,282
Jan 199953,14710.381.90$6,031
Dec 19981713,1889.201.77$7,227
Nov 199803,19810.892.19$6,990
Oct 19981873,38412.421.97$8,986
Sep 199803,35812.592.08$6,993
Aug 19981813,40311.301.91$8,536
Jul 199803,14511.742.24$7,036
Jun 199802,94411.242.24$6,587
May 19981753,37512.622.21$9,655
Apr 19981003,07513.042.51$9,008
Mar 19981873,30712.802.31$10,031
Feb 199802,99913.952.30$6,895
Jan 199803,24014.702.15$6,982
Dec 19971753,37216.322.41$10,986
Nov 199703,16418.193.09$9,771
Oct 19971783,27419.253.15$13,739
Sep 199703,20517.742.95$9,470
Aug 19971803,30217.862.55$11,651
Jul 199703,26017.582.25$7,325
Jun 19971833,32717.242.26$10,665
May 199703,10818.972.31$7,175
Apr 19971833,07817.882.08$9,683
Mar 199714,49918.951.94$8,743
Feb 19971842,89420.492.21$10,154
Jan 199703,25823.483.54$11,532
Dec 199602,81023.32$0
Nov 19961872,69221.97$4,108
Oct 199603,06423.31$0
Sep 19961893,16022.22$4,200
Aug 199603,52120.26$0
Jul 19961793,63019.55$3,499
Jun 19961803,76618.73$3,371
May 19961804,18219.43$3,497
Apr 199602,64421.51$0
Mar 1996050219.38$0
Feb 199602,94816.98$0
Jan 19961823,26217.07$3,107
Dec 19951843,29117.19$3,163
Nov 19951813,07616.00$2,896
Oct 199503,28315.43$0
Sep 19951823,17216.18$2,945
Aug 19951803,29715.92$2,866
Jul 199502,72615.24$0
Jun 19951773,24916.41$2,905
May 19951813,13517.56$3,178
Apr 199502,89617.73$0
Mar 19951653,29716.44$2,713
Feb 19951592,84116.58$2,636
Jan 19951593,21815.92$2,531
Dec 19941853,44715.03$2,781
Nov 199403,46815.90$0
Oct 19941823,35115.58$2,836
Sep 199403,14215.29$0
Aug 19941773,31116.13$2,855
Jul 19941783,13717.56$3,126
Jun 19941802,95917.09$3,076
May 19941702,32415.88$2,700
Apr 19941842,65014.14$2,602
Mar 19941832,70912.46$2,280
Feb 19941792,18912.50$2,238
Jan 199402,25112.66$0
Dec 19931832,41112.33$2,256
Nov 19931832,39914.49$2,652
Oct 19931822,62015.85$2,885
Sep 19931792,39915.03$2,690
Aug 19931592,71615.66$2,490
Jul 19931782,68515.46$2,752
Jun 19931782,73416.79$2,989
May 19931803,02917.68$3,182
Apr 19931752,09518.05$3,159
Mar 19931812,78218.14$3,283
Feb 199302,40317.90$0
Jan 19931812,92116.93$3,064

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.

May 2007 — as filed, then multipliedworked
Oil                    0 bbl  × $ 58.74 =         $0
Casinghead gas       131 Mcf  × $  7.85 =     $1,028

────────────────────────────────────────────────────
Month total                                   $1,028

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/7731 is the state's own key, not one this site invented.