MASTERSON "A"

Operated by PPC OPERATING COMPANY LLC (P-5 631462) in the JUNIPER field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 89967District 8AField 47709001NGPA filingCondensateGasSaveExport
Value, all time
$587 k
Jan 1993 – Oct 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
250
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 16 leases and 16 wells, and the rule below applies to all of them.

Discovered
1950-12-07
as the register files it
Field class
Gas
the register's own label
Between wells
2,000 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: BURGANDY OIL & GAS INC. REQUEST

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
CondensateDisposition521 bbl$9,568
GasProduction408,854 Mcf$577,885
Total$587,453

224,391 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 (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 33.7509, -100.0383. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.75088, -100.03835 · 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
6,050 ft
1 wells filed one
Completion to plug
34.3 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 6,050 ft.

Completions filed
Jul 1979
1 of 1 wells
Plug dates filed
Oct 2013
1 of 1 wells

Last completion to plug: a median of 34.3 years across the 1 well that filed both dates, with the middle half between 34.3 years and 34.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2693083716,050 ftJul 1979Oct 2013Yes

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 (250)

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

250 months

Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 200407038.286.08$426
Jun 2004067036.106.43$4,310
May 2004061537.486.49$3,994
Apr 20045067734.475.86$5,690
Mar 200401,05634.365.53$5,840
Feb 2004069532.455.51$3,829
Jan 2004018332.036.30$1,153
Dec 2003061630.266.30$3,882
Nov 2003090028.804.60$4,136
Oct 200301,02428.174.76$4,874
Sep 200301,01526.314.75$4,821
Aug 200301,09829.765.13$5,632
Jul 200301,03129.415.17$5,331
Jun 200301,09828.565.98$6,569
May 200301,05226.595.97$6,283
Apr 200301,47326.675.41$7,965
Mar 200301,33931.146.10$8,163
Feb 2003090233.487.93$7,149
Jan 2003082730.315.58$4,616
Dec 200201,12826.914.85$5,475
Nov 2002096824.664.14$4,005
Oct 200201,14626.464.23$4,847
Sep 200201,26227.443.64$4,588
Aug 200201,55725.963.16$4,927
Jul 200201,04724.583.06$3,206
Jun 200201,26723.733.34$4,230
May 200201,26324.663.58$4,527
Apr 200201,36123.653.51$4,780
Mar 200201,01322.003.10$3,143
Feb 200201,05618.222.38$2,509
Jan 200201,40817.172.38$3,345
Dec 2001099016.932.36$2,341
Nov 200101,40018.072.41$3,368
Oct 200101,92819.782.53$4,876
Sep 200102,02524.262.25$4,559
Aug 200101,57824.873.05$4,818
Jul 200101,51723.933.20$4,850
Jun 200101,36924.563.82$5,235
May 200101,76125.524.31$7,585
Apr 200101,71924.685.34$9,171
Mar 200101,57024.545.38$8,441
Feb 200101,64827.755.77$9,504
Jan 200101,16527.478.40$9,785
Dec 200001,12126.889.12$10,226
Nov 200001,77632.215.66$10,049
Oct 200001,68231.235.15$8,655
Sep 200002,39731.875.19$12,432
Aug 200001,88729.644.54$8,568
Jul 200001,92928.534.09$7,889
Jun 200001,54129.304.40$6,776
May 200001,38627.263.68$5,100
Apr 200001,42924.513.12$4,453
Mar 200002,03328.422.86$5,814
Feb 200002,35427.622.73$6,418
Jan 200002,42225.272.48$6,008
Dec 199901,98424.282.42$4,809
Nov 199902,23523.192.43$5,440
Oct 199902,33120.982.80$6,535
Sep 199902,53821.752.62$6,647
Aug 199902,93219.262.88$8,431
Jul 199903,06317.892.37$7,267
Jun 199902,43815.942.36$5,759
May 199902,58115.792.32$5,991
Apr 199902,54715.102.21$5,624
Mar 199903,30712.471.84$6,079
Feb 199902,5879.981.82$4,703
Jan 199902,90910.381.90$5,527
Dec 199803,0019.201.77$5,322
Nov 199802,71210.892.19$5,928
Oct 199802,91312.421.97$5,736
Sep 199803,69812.592.08$7,702
Aug 199803,55911.301.91$6,788
Jul 199803,43111.742.24$7,676
Jun 199802,48211.242.24$5,553
May 199803,82212.622.21$8,433
Apr 199803,92513.042.51$9,833
Mar 199803,56812.802.31$8,240
Feb 199802,91613.952.30$6,704
Jan 199803,36314.702.15$7,247
Dec 199703,50916.322.41$8,461
Nov 199704,21218.193.09$13,008
Oct 199703,87119.253.15$12,193
Sep 199705,45917.742.95$16,131
Aug 199702,36217.862.55$6,034
Jul 199703,32917.582.25$7,480
Jun 199703,32517.242.26$7,505
May 199701,88518.972.31$4,352
Apr 199703,86917.882.08$8,058
Mar 199702,52118.951.94$4,889
Feb 199704,02620.492.21$8,881
Jan 199703,80923.483.54$13,483
Dec 199603,17523.32$0
Nov 199604,33321.97$0
Oct 199603,40723.31$0
Sep 199603,27022.22$0
Aug 199603,49920.26$0
Jul 199603,45919.55$0
Jun 199603,50218.73$0
May 1996703,91619.43$1,360
Apr 199603,80221.51$0
Mar 199603,97119.38$0
Feb 199602,74316.98$0
Jan 199603,34517.07$0
Dec 199502,85517.19$0
Nov 199503,81116.00$0
Oct 199504,16115.43$0
Sep 199504,41516.18$0
Aug 199504,84015.92$0
Jul 199503,10215.24$0
Jun 1995373,09116.41$607
May 199502,79917.56$0
Apr 199503,58217.73$0
Mar 199503,66516.44$0
Feb 199503,43516.58$0
Jan 199503,95215.92$0
Dec 199403,98015.03$0
Nov 199404,16915.90$0
Oct 199404,87515.58$0
Sep 199404,37715.29$0
Aug 199404,02016.13$0
Jul 199404,90817.56$0
Jun 199404,05117.09$0
May 199404,11415.88$0
Apr 199403,15614.14$0
Mar 1994994,01212.46$1,234
Feb 199404,18212.50$0
Jan 199405,14612.66$0
Dec 199304,54812.33$0
Nov 199304,80014.49$0
Oct 199305,28715.85$0
Sep 199305,92015.03$0
Aug 1993616,65415.66$955
Jul 199305,00515.46$0
Jun 199306,86016.79$0
May 199308,21117.68$0
Apr 19931347,45218.05$2,419
Mar 19937010,29318.14$1,270
Feb 199307,66817.90$0
Jan 1993014,57316.93$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.

Jul 2004 — as filed, then multipliedworked
Condensate             0 bbl  × $ 38.28 =         $0
Gas                   70 Mcf  × $  6.08 =       $426

────────────────────────────────────────────────────
Month total                                     $426

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/89967 is the state's own key, not one this site invented.