MASTERSON PN

Operated by GUNN OIL COMPANY (P-5 339493) in the PRUDENCE, N. (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 225377District 8AField 73304500CondensateGasSaveExport
Value, all time
$2.6 M
Jun 2006 – Jul 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
146
no gaps in the span
Streams
2
condensate, 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
2006-06-01
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition31,039 bbl$2,137,821
GasProduction67,008 Mcf$435,074
Total$2,572,895

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 33.8336, -100.2032. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.83363, -100.20322 · 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
6,300 ft
1 wells filed one
Completion to plug
12.1 years
median over 1 well

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 6,300 ft.

Completions filed
Jun 2006
1 of 1 wells
Plug dates filed
Jul 2018
1 of 1 wells

Last completion to plug: a median of 12.1 years across the 1 well that filed both dates, with the middle half between 12.1 years and 12.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2693264856,300 ftJun 2006Jul 2018Yes

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

Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
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 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 201518414943.433.10$8,453
Dec 201409554.693.59$341
Nov 201409570.464.25$404
Oct 201409578.303.90$371
Sep 201403186.164.05$125
Aug 20141754989.394.04$15,841
Jul 201409596.564.18$397
Jun 201404898.164.74$227
May 201409594.734.73$449
Apr 20141829595.944.81$17,918
Mar 201409295.895.06$465
Feb 201409597.406.19$588
Jan 201408690.404.86$418
Dec 201304991.824.35$213
Nov 201306788.853.74$250
Oct 201301997.423.78$72
Sep 2013060104.113.72$223
Aug 201334240104.253.52$35,794
Jul 2013089102.523.72$331
Jun 2013012794.403.93$500
May 201318015694.834.15$17,717
Apr 2013012093.964.28$514
Mar 201318315893.623.91$17,751
Feb 201305491.233.42$185
Jan 201308391.603.42$284
Dec 20121809286.773.42$15,933
Nov 20121806086.953.62$15,869
Oct 201206189.383.40$207
Sep 201208694.672.92$251
Aug 20121729392.662.91$16,208
Jul 201217816685.133.02$15,655
Jun 2012017479.822.52$438
May 201218119091.612.49$17,054
Apr 20120175101.652.00$349
Mar 2012182197105.052.22$19,557
Feb 2012359236101.102.57$36,901
Jan 201203398.092.73$90
Dec 201104396.873.24$139
Nov 201106295.723.31$205
Oct 201109884.983.65$358
Sep 201118116283.623.99$15,781
Aug 201117716783.404.15$15,455
Jul 2011016694.144.52$750
Jun 201110723992.904.64$11,049
May 201118026198.134.40$18,813
Apr 20110269105.964.33$1,166
Mar 201118028796.364.06$18,509
Feb 2011026285.644.18$1,095
Jan 201117831786.504.59$16,852
Dec 201017918185.734.35$16,133
Nov 2010027680.843.80$1,048
Oct 201017731078.103.51$14,911
Sep 201018137372.633.98$14,630
Aug 2010037273.684.42$1,644
Jul 201018037472.554.74$14,830
Jun 201018228070.364.91$14,180
May 201018138271.124.24$14,491
Apr 201017941581.694.12$16,333
Mar 201018531878.394.39$15,898
Feb 201018323373.585.44$14,733
Jan 201019135274.365.96$16,302
Dec 200918031471.445.48$14,581
Nov 2009037474.593.75$1,403
Oct 200918138472.544.11$14,708
Sep 200917541865.543.06$12,751
Aug 200918452867.423.22$14,105
Jul 200918043361.133.46$12,504
Jun 200918339866.163.90$13,657
May 200918441754.743.93$11,709
Apr 2009039546.773.59$1,417
Mar 200933944442.144.06$16,088
Feb 200936746932.814.63$14,214
Jan 2009046135.865.37$2,476
Dec 200817651837.105.98$9,626
Nov 2008034255.496.86$2,346
Oct 200818456175.246.92$17,727
Sep 2008150937101.767.88$22,645
Aug 2008353816114.228.48$47,242
Jul 2008176741131.0811.39$31,510
Jun 2008177726131.3313.03$32,707
May 2008170912123.1711.57$31,495
Apr 2008356744110.3110.45$47,049
Mar 2008353871101.909.66$44,388
Feb 200818169692.538.77$22,852
Jan 20083581,01690.388.21$40,693
Dec 200716962188.337.30$19,462
Nov 20073501,36891.677.29$42,060
Oct 200717845882.856.92$17,918
Sep 20075351,14975.846.24$47,749
Aug 20073491,08769.066.39$31,046
Jul 20075231,21570.906.39$44,842
Jun 20075301,24462.007.55$42,250
May 20078791,55858.747.85$63,857
Apr 200771770859.617.81$48,266
Mar 200770466556.927.30$44,927
Feb 20071,2651,81155.108.22$84,581
Jan 20071,4422,09550.306.73$86,625
Dec 20061,5985,29056.656.92$127,125
Nov 20062,1463,04254.207.62$139,486
Oct 20062,1643,22854.906.01$138,216
Sep 20062,1812,91460.085.04$145,713
Aug 20062,5403,71468.717.34$201,784
Jul 20062,1803,82669.376.34$175,494
Jun 20064837,19666.286.38$77,952

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.

Jan 2015 — as filed, then multipliedworked
Condensate           184 bbl  × $ 43.43 =     $7,991
Gas                  149 Mcf  × $  3.10 =       $462

────────────────────────────────────────────────────
Month total                                   $8,453

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/225377 is the state's own key, not one this site invented.