MASTERSON

Operated by GAEA SERVICES, INC. (P-5 292356) in the JUNIPER (BEND CONGL.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 177460District 8AField 47709333CondensateGasSave
Value, all time
$6.1 M
Apr 2000 – Aug 2016
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
197
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition1,221 bbl$34,113
GasProduction1,194,396 Mcf$6,062,358
Total$6,096,471

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 33.7709, -100.0605. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.77089, -100.06051 · 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
5,898 ft
1 wells filed one
Completion to plug
16.3 years
median over 1 wells

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 5,898 ft.

Completions filed
Apr 2000
1 of 1 wells
Plug dates filed
Aug 2016
1 of 1 wells

Last completion to plug: a median of 16.3 years across the 1 well that filed both dates, with the middle half between 16.3 years and 16.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-269323714A5,898 ftApr 2000Aug 2016Yes

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 (197)

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

197 months

Aug 20160041.442.92$0
Jul 201677041.622.92$3,205
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015065143.552.43$1,580
Sep 2015061042.992.76$1,683
Aug 2015090240.162.87$2,591
Jul 201501,08848.152.95$3,204
Jun 201501,02656.152.88$2,958
May 2015099155.212.96$2,929
Apr 201501,10849.822.71$2,999
Mar 2015075842.892.93$2,225
Feb 2015060944.662.98$1,813
Jan 2015082543.433.10$2,558
Dec 201401,21154.693.59$4,349
Nov 201401,06170.464.25$4,511
Oct 201401,66878.303.90$6,507
Sep 201401,68986.164.05$6,833
Aug 201401,81789.394.04$7,332
Jul 201401,51696.564.18$6,336
Jun 201401,41198.164.74$6,684
May 201402,15394.734.73$10,176
Apr 201402,33095.944.81$11,205
Mar 201401,10495.895.06$5,583
Feb 201401,04197.406.19$6,446
Jan 2014084790.404.86$4,117
Dec 2013066691.824.35$2,900
Nov 201301,14888.853.74$4,292
Oct 201301,50197.423.78$5,673
Sep 201302,081104.113.72$7,737
Aug 201301,454104.253.52$5,122
Jul 201301,466102.523.72$5,450
Jun 2013062194.403.93$2,443
May 201301,65194.834.15$6,850
Apr 201301,56893.964.28$6,715
Mar 201301,73593.623.91$6,789
Feb 201301,38091.233.42$4,719
Jan 201301,36991.603.42$4,682
Dec 201201,29186.773.42$4,415
Nov 201201,61286.953.62$5,843
Oct 2012069589.383.40$2,363
Sep 201201,49694.672.92$4,366
Aug 201201,83092.662.91$5,322
Jul 201201,71185.133.02$5,169
Jun 201201,81379.822.52$4,567
May 201201,61791.612.49$4,024
Apr 201202,102101.652.00$4,197
Mar 201201,317105.052.22$2,926
Feb 201201,569101.102.57$4,033
Jan 201201,38798.092.73$3,792
Dec 201101,66296.873.24$5,384
Nov 201102,06395.723.31$6,831
Oct 201102,31584.983.65$8,446
Sep 201101,78183.623.99$7,099
Aug 201102,49283.404.15$10,340
Jul 201102,46894.144.52$11,149
Jun 201102,64892.904.64$12,286
May 201102,95398.134.40$13,007
Apr 201102,165105.964.33$9,382
Mar 201101,05896.364.06$4,293
Feb 201101,28485.644.18$5,367
Jan 201101,77686.504.59$8,150
Dec 2010069185.734.35$3,004
Nov 201001,63880.843.80$6,217
Oct 201001,99678.103.51$7,004
Sep 201003,11272.633.98$12,384
Aug 201002,21673.684.42$9,793
Jul 2010024072.554.74$1,137
Jun 2010030670.364.91$1,503
May 2010096971.124.24$4,104
Apr 201001,39981.694.12$5,768
Mar 201001,71278.394.39$7,513
Feb 2010033573.585.44$1,823
Jan 2010094874.365.96$5,654
Dec 200901,77371.445.48$9,723
Nov 2009080174.593.75$3,005
Oct 200901,06072.544.11$4,357
Sep 200901,08665.543.06$3,328
Aug 200901,55067.423.22$4,989
Jul 200901,56461.133.46$5,418
Jun 2009054166.163.90$2,107
May 200902,11754.743.93$8,311
Apr 200901,60046.773.59$5,740
Mar 200901,11242.144.06$4,514
Feb 200901,62232.814.63$7,515
Jan 200901,16135.865.37$6,236
Dec 200801,13437.105.98$6,778
Nov 200802,40155.496.86$16,472
Oct 2008086175.246.92$5,960
Sep 200801,645101.767.88$12,958
Aug 200801,834114.228.48$15,558
Jul 200801,779131.0811.39$20,262
Jun 200802,305131.3313.03$30,040
May 200802,225123.1711.57$25,753
Apr 200802,189110.3110.45$22,886
Mar 200802,514101.909.66$24,295
Feb 200802,44492.538.77$21,435
Jan 200802,91990.388.21$23,953
Dec 200703,01588.337.30$22,015
Nov 200702,50291.677.29$18,244
Oct 200703,03682.856.92$21,015
Sep 200703,23275.846.24$20,181
Aug 200703,27569.066.39$20,921
Jul 200703,75170.906.39$23,961
Jun 200703,67962.007.55$27,771
May 200703,86358.747.85$30,310
Apr 200702,77059.617.81$21,620
Mar 200702,57556.927.30$18,803
Feb 200701,89855.108.22$15,594
Jan 200702,08450.306.73$14,019
Dec 200601,81156.656.92$12,529
Nov 200603,61254.207.62$27,514
Oct 200604,70554.906.01$28,295
Sep 200603,98060.085.04$20,048
Aug 200602,16768.717.34$15,906
Jul 200603,59169.376.34$22,777
Jun 200603,79866.286.38$24,246
May 200603,54266.016.42$22,757
Apr 200603,73664.397.36$27,499
Mar 200603,86856.707.08$27,397
Feb 200602,88457.597.75$22,354
Jan 200603,91860.598.93$35,001
Dec 200503,64054.9413.42$48,832
Nov 200504,71054.6910.59$49,871
Oct 200504,09758.3413.80$56,521
Sep 200504,17261.4512.08$50,394
Aug 200505,04061.519.80$49,376
Jul 200505,31655.697.84$41,697
Jun 200504,82552.337.38$35,614
May 200504,48345.226.65$29,817
Apr 200505,52449.207.36$40,659
Mar 200505,35350.377.15$38,300
Feb 200504,61645.226.31$29,136
Jan 200504,50543.166.32$28,482
Dec 200405,60139.866.75$37,813
Nov 200405,74445.286.33$36,362
Oct 200407,84149.706.52$51,085
Sep 200404,99243.245.28$26,377
Aug 200406,69242.375.55$37,145
Jul 200404,43938.286.08$27,008
Jun 200406,76636.106.43$43,526
May 200406,33537.486.49$41,143
Apr 200406,06834.475.86$35,549
Mar 200407,13734.365.53$39,469
Feb 200405,87432.455.51$32,364
Jan 200405,18132.036.30$32,638
Dec 200304,70930.266.30$29,674
Nov 200307,11728.804.60$32,704
Oct 200306,61828.174.76$31,499
Sep 200307,01626.314.75$33,322
Aug 200307,55829.765.13$38,770
Jul 200309,09929.415.17$47,049
Jun 2003010,88228.565.98$65,107
May 2003010,60526.595.97$63,340
Apr 2003010,57426.675.41$57,177
Mar 200317911,55831.146.10$76,032
Feb 200309,31333.487.93$73,814
Jan 2003010,60530.315.58$59,198
Dec 2002011,41326.914.85$55,396
Nov 2002011,96024.664.14$49,478
Oct 200208,86626.464.23$37,495
Sep 2002010,55327.443.64$38,362
Aug 2002012,81325.963.16$40,542
Jul 2002014,38024.583.06$44,028
Jun 2002013,15623.733.34$43,918
May 200215913,15424.663.58$51,065
Apr 2002014,43023.653.51$50,683
Mar 200206,83422.003.10$21,204
Feb 2002012,44518.222.38$29,565
Jan 2002010,25717.172.38$24,367
Dec 2001012,31316.932.36$29,113
Nov 200109,45718.072.41$22,749
Oct 2001015,59619.782.53$39,440
Sep 2001017,00224.262.25$38,277
Aug 2001016,72524.873.05$51,064
Jul 2001027,17323.933.20$86,874
Jun 200117423,71224.563.82$94,952
May 2001025,17725.524.31$108,445
Apr 2001027,07824.685.34$144,470
Mar 200117819,95624.545.38$111,660
Feb 2001027,38127.755.77$157,908
Jan 2001023,72327.478.40$199,244
Dec 200018527,82426.889.12$258,797
Nov 2000034,67532.215.66$196,191
Oct 2000042,48031.235.15$218,581
Sep 2000044,51431.875.19$230,872
Aug 2000047,84029.644.54$217,229
Jul 200010848,50928.534.09$201,471
Jun 200016151,99429.304.40$233,348
May 2000039,95627.263.68$147,028
Apr 2000017,19324.513.12$53,573

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.

Jul 2016 — as filed, then multipliedworked
Condensate            77 bbl  × $ 41.62 =     $3,205
Gas                    0 Mcf  × $  2.92 =         $0

────────────────────────────────────────────────────
Month total                                   $3,205

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. 8A/G/177460 is the state's own key, not one this site invented.