MASTERSON "B"

Operated by PPC OPERATING COMPANY LLC (P-5 631462) in the MASTERSON STRAWN (5430) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 95284District 8AField 58181500CondensateGasSaveExport
Value, all time
$362 k
Jan 1993 – Jul 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
247
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
1981-03-27
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

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

The Commission's schedule remark for this field reads: EFFECTIVE 9-12-83 PER DOCKET #8A,77,844.

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
CondensateDisposition303 bbl$9,245
GasProduction103,730 Mcf$352,965
Total$362,210

30,802 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 33.7381, -100.0057. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.73811, -100.00572 · 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
5,946 ft
1 wells filed one
Completion to plug
32.0 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 5,946 ft.

Completions filed
Jul 1981
1 of 1 wells
Plug dates filed
Jul 2013
1 of 1 wells

Last completion to plug: a median of 32.0 years across the 1 well that filed both dates, with the middle half between 32.0 years and 32.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2693094625,946 ftJul 1981Jul 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 (247)

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

247 months

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 201141084.983.65$3,484
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 201109898.134.40$432
Apr 2011080105.964.33$347
Mar 201103496.364.06$138
Feb 2011016985.644.18$706
Jan 2011019386.504.59$886
Dec 201009285.734.35$400
Nov 2010018780.843.80$710
Oct 2010018578.103.51$649
Sep 2010025172.633.98$999
Aug 2010020673.684.42$910
Jul 2010028672.554.74$1,355
Jun 2010013570.364.91$663
May 2010024371.124.24$1,029
Apr 2010020381.694.12$837
Mar 2010021278.394.39$930
Feb 2010019573.585.44$1,061
Jan 2010021174.365.96$1,258
Dec 2009020971.445.48$1,146
Nov 2009022074.593.75$825
Oct 2009031872.544.11$1,307
Sep 2009046965.543.06$1,437
Aug 2009044867.423.22$1,442
Jul 2009047261.133.46$1,635
Jun 2009036166.163.90$1,406
May 2009044354.743.93$1,739
Apr 2009041146.773.59$1,474
Mar 2009031242.144.06$1,266
Feb 2009032532.814.63$1,506
Jan 2009054735.865.37$2,938
Dec 2008044037.105.98$2,630
Nov 2008057755.496.86$3,958
Oct 2008043975.246.92$3,039
Sep 20080495101.767.88$3,899
Aug 20080510114.228.48$4,326
Jul 20080306131.0811.39$3,485
Jun 20080356131.3313.03$4,640
May 20080327123.1711.57$3,785
Apr 20080194110.3110.45$2,028
Mar 20080232101.909.66$2,242
Feb 2008016892.538.77$1,473
Jan 2008018990.388.21$1,551
Dec 2007028888.337.30$2,103
Nov 2007031491.677.29$2,290
Oct 2007032182.856.92$2,222
Sep 2007027275.846.24$1,698
Aug 2007037069.066.39$2,364
Jul 2007025670.906.39$1,635
Jun 2007017262.007.55$1,298
May 2007028958.747.85$2,268
Apr 2007012459.617.81$968
Mar 2007014856.927.30$1,081
Feb 2007015955.108.22$1,306
Jan 2007026050.306.73$1,749
Dec 2006034256.656.92$2,366
Nov 2006035854.207.62$2,727
Oct 2006041654.906.01$2,502
Sep 2006040960.085.04$2,060
Aug 2006045568.717.34$3,340
Jul 2006054069.376.34$3,425
Jun 2006059566.286.38$3,798
May 2006057566.016.42$3,694
Apr 2006049564.397.36$3,643
Mar 2006044656.707.08$3,159
Feb 2006047357.597.75$3,666
Jan 2006048560.598.93$4,333
Dec 2005042554.9413.42$5,702
Nov 2005030754.6910.59$3,251
Oct 2005040358.3413.80$5,560
Sep 2005043861.4512.08$5,291
Aug 2005057161.519.80$5,594
Jul 2005049955.697.84$3,914
Jun 2005059252.337.38$4,370
May 2005046845.226.65$3,113
Apr 2005057049.207.36$4,195
Mar 2005042850.377.15$3,062
Feb 2005035245.226.31$2,222
Jan 2005036343.166.32$2,295
Dec 2004045039.866.75$3,038
Nov 2004057345.286.33$3,627
Oct 2004060949.706.52$3,968
Sep 20043242343.245.28$3,619
Aug 2004044942.375.55$2,492
Jul 2004040338.286.08$2,452
Jun 2004037736.106.43$2,425
May 2004031237.486.49$2,026
Apr 20043187734.475.86$6,206
Mar 2004094834.365.53$5,243
Feb 2004073432.455.51$4,044
Jan 200401,08332.036.30$6,823
Dec 2003058730.266.30$3,699
Nov 2003045728.804.60$2,100
Oct 2003050328.174.76$2,394
Sep 2003051526.314.75$2,446
Aug 2003052329.765.13$2,683
Jul 2003052329.415.17$2,704
Jun 2003057428.565.98$3,434
May 2003041826.595.97$2,497
Apr 2003024826.675.41$1,341
Mar 2003035831.146.10$2,182
Feb 2003050333.487.93$3,987
Jan 2003034530.315.58$1,926
Dec 2002052826.914.85$2,563
Nov 2002038724.664.14$1,601
Oct 2002034726.464.23$1,468
Sep 2002044627.443.64$1,621
Aug 2002060625.963.16$1,917
Jul 2002040024.583.06$1,225
Jun 2002047923.733.34$1,599
May 2002066924.663.58$2,398
Apr 2002048723.653.51$1,711
Mar 2002041022.003.10$1,272
Feb 2002035018.222.38$831
Jan 2002052317.172.38$1,242
Dec 2001030116.932.36$712
Nov 2001049618.072.41$1,193
Oct 2001074119.782.53$1,874
Sep 2001064824.262.25$1,459
Aug 2001036924.873.05$1,127
Jul 2001035523.933.20$1,135
Jun 2001036124.563.82$1,381
May 2001043025.524.31$1,852
Apr 2001044024.685.34$2,348
Mar 2001033124.545.38$1,780
Feb 2001032227.755.77$1,857
Jan 2001020427.478.40$1,713
Dec 2000026226.889.12$2,390
Nov 2000029632.215.66$1,675
Oct 2000022131.235.15$1,137
Sep 2000031931.875.19$1,654
Aug 2000022929.644.54$1,040
Jul 2000042028.534.09$1,718
Jun 2000037429.304.40$1,645
May 2000031227.263.68$1,148
Apr 2000031324.513.12$975
Mar 2000045728.422.86$1,307
Feb 2000055427.622.73$1,510
Jan 2000049625.272.48$1,230
Dec 1999030024.282.42$727
Nov 1999023023.192.43$560
Oct 1999038820.982.80$1,088
Sep 1999045621.752.62$1,194
Aug 1999057019.262.88$1,639
Jul 1999051117.892.37$1,212
Jun 1999048615.942.36$1,148
May 1999061315.792.32$1,423
Apr 1999042715.102.21$943
Mar 1999053712.471.84$987
Feb 199904499.981.82$816
Jan 1999041510.381.90$788
Dec 199803219.201.77$569
Nov 1998048310.892.19$1,056
Oct 1998051112.421.97$1,006
Sep 1998061612.592.08$1,283
Aug 1998060811.301.91$1,160
Jul 1998060811.742.24$1,360
Jun 1998070311.242.24$1,573
May 1998066312.622.21$1,463
Apr 1998069813.042.51$1,749
Mar 1998063112.802.31$1,457
Feb 1998051513.952.30$1,184
Jan 1998055914.702.15$1,205
Dec 1997070816.322.41$1,707
Nov 1997065418.193.09$2,020
Oct 1997046519.253.15$1,465
Sep 1997043217.742.95$1,277
Aug 1997048117.862.55$1,229
Jul 1997064417.582.25$1,447
Jun 1997059317.242.26$1,339
May 1997040918.972.31$944
Apr 1997063317.882.08$1,318
Mar 1997088318.951.94$1,712
Feb 1997055720.492.21$1,229
Jan 1997077023.483.54$2,726
Dec 1996065823.32$0
Nov 1996084221.97$0
Oct 1996077523.31$0
Sep 1996057722.22$0
Aug 1996059320.26$0
Jul 1996058319.55$0
Jun 1996055318.73$0
May 19961253119.43$233
Apr 1996057221.51$0
Mar 1996059619.38$0
Feb 1996050616.98$0
Jan 1996059217.07$0
Dec 1995050017.19$0
Nov 1995056516.00$0
Oct 1995063715.43$0
Sep 1995065616.18$0
Aug 1995076715.92$0
Jul 1995068115.24$0
Jun 1995070216.41$0
May 1995064117.56$0
Apr 1995070017.73$0
Mar 1995085616.44$0
Feb 1995077416.58$0
Jan 1995060015.92$0
Dec 1994065715.03$0
Nov 1994061815.90$0
Oct 1994065115.58$0
Sep 1994043915.29$0
Aug 1994063316.13$0
Jul 1994069217.56$0
Jun 1994065317.09$0
May 1994062915.88$0
Apr 1994066014.14$0
Mar 19943765212.46$461
Feb 19941356412.50$163
Jan 1994027312.66$0
Dec 1993063512.33$0
Nov 1993066914.49$0
Oct 1993059115.85$0
Sep 1993059915.03$0
Aug 1993074415.66$0
Jul 1993077515.46$0
Jun 1993073016.79$0
May 1993067617.68$0
Apr 1993072218.05$0
Mar 1993064418.14$0
Feb 199313764417.90$2,452
Jan 1993079516.93$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.

Oct 2011 — as filed, then multipliedworked
Condensate            41 bbl  × $ 84.98 =     $3,484
Gas                    0 Mcf  × $  3.65 =         $0

────────────────────────────────────────────────────
Month total                                   $3,484

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/95284 is the state's own key, not one this site invented.