TRI-BAR

Name: TRI-BAR lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the TRI BAR (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 108503District 01Field 91080500NGPA filingCondensateGasSave Export

Value, all time

$439 k

Jan 1993 – Aug 2011

Value, last 12 filed months

$86

at the published price for each month

Months reported

224

no gaps in the span

Streams

condensate, gas

The TRI BAR (OLMOS) field

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 134 leases and 140 wells, and the rule below applies to all of them.

Discovered

1975-07-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-03-26.

The Commission's schedule remark for this field reads: “CONSOLIDATED IN TO THIS FIELD EFFECTIVE 4/1/2013.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	927 bbl	$14,848
Gas	Production	186,052 Mcf	$423,732
Total			$438,580

65,752 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 28.0843, -99.2813. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.08429, -99.28134 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

8,399 ft

1 wells filed one

Completion to plug

27.8 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 8,399 ft.

Completions filed

Nov 1983

1 of 1 wells

Plug dates filed

Aug 2011

1 of 1 wells

Last completion to plug: a median of 27.8 years across the 1 well that filed both dates, with the middle half between 27.8 years and 27.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-28330974	1	8,399 ft	Nov 1983	Aug 2011	Yes

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 (224)

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

224 months


Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	1	0	85.73	4.35	$86
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	682	36.10	6.43	$4,387
May 2004	0	1,174	37.48	6.49	$7,625
Apr 2004	0	1,155	34.47	5.86	$6,767
Mar 2004	0	1,173	34.36	5.53	$6,487
Feb 2004	0	104	32.45	5.51	$573
Jan 2004	0	1,145	32.03	6.30	$7,213
Dec 2003	0	1,148	30.26	6.30	$7,234
Nov 2003	0	1,187	28.80	4.60	$5,454
Oct 2003	0	1,236	28.17	4.76	$5,883
Sep 2003	0	1,223	26.31	4.75	$5,808
Aug 2003	0	1,263	29.76	5.13	$6,479
Jul 2003	0	1,551	29.41	5.17	$8,020
Jun 2003	0	1,282	28.56	5.98	$7,670
May 2003	0	100	26.59	5.97	$597
Apr 2003	0	1,001	26.67	5.41	$5,413
Mar 2003	0	1,038	31.14	6.10	$6,328
Feb 2003	0	1,027	33.48	7.93	$8,140
Jan 2003	0	1,275	30.31	5.58	$7,117
Dec 2002	0	1,183	26.91	4.85	$5,742
Nov 2002	0	1,081	24.66	4.14	$4,472
Oct 2002	0	1,132	26.46	4.23	$4,787
Sep 2002	0	1,265	27.44	3.64	$4,599
Aug 2002	0	1,099	25.96	3.16	$3,477
Jul 2002	0	1,097	24.58	3.06	$3,359
Jun 2002	0	1,140	23.73	3.34	$3,806
May 2002	0	1,122	24.66	3.58	$4,021
Apr 2002	0	1,202	23.65	3.51	$4,222
Mar 2002	0	1,324	22.00	3.10	$4,108
Feb 2002	0	1,194	18.22	2.38	$2,837
Jan 2002	0	1,066	17.17	2.38	$2,532
Dec 2001	0	1,498	16.93	2.36	$3,542
Nov 2001	0	1,177	18.07	2.41	$2,831
Oct 2001	0	1,029	19.78	2.53	$2,602
Sep 2001	0	1,140	24.26	2.25	$2,567
Aug 2001	0	1,219	24.87	3.05	$3,722
Jul 2001	0	1,236	23.93	3.20	$3,952
Jun 2001	0	1,136	24.56	3.82	$4,344
May 2001	0	1,266	25.52	4.31	$5,453
Apr 2001	0	1,458	24.68	5.34	$7,779
Mar 2001	0	1,544	24.54	5.38	$8,301
Feb 2001	0	1,432	27.75	5.77	$8,258
Jan 2001	0	1,355	27.47	8.40	$11,380
Dec 2000	0	1,372	26.88	9.12	$12,516
Nov 2000	0	1,241	32.21	5.66	$7,022
Oct 2000	0	1,168	31.23	5.15	$6,010
Sep 2000	0	1,281	31.87	5.19	$6,644
Aug 2000	0	1,500	29.64	4.54	$6,811
Jul 2000	0	1,441	28.53	4.09	$5,893
Jun 2000	0	1,076	29.30	4.40	$4,731
May 2000	0	1,602	27.26	3.68	$5,895
Apr 2000	0	1,528	24.51	3.12	$4,761
Mar 2000	0	1,502	28.42	2.86	$4,295
Feb 2000	0	1,459	27.62	2.73	$3,978
Jan 2000	0	1,543	25.27	2.48	$3,827
Dec 1999	0	1,044	24.28	2.42	$2,530
Nov 1999	0	1,263	23.19	2.43	$3,074
Oct 1999	0	1,497	20.98	2.80	$4,197
Sep 1999	0	1,495	21.75	2.62	$3,915
Aug 1999	0	1,360	19.26	2.88	$3,911
Jul 1999	0	1,631	17.89	2.37	$3,869
Jun 1999	149	1,487	15.94	2.36	$5,888
May 1999	0	1,431	15.79	2.32	$3,321
Apr 1999	0	1,485	15.10	2.21	$3,279
Mar 1999	0	727	12.47	1.84	$1,336
Feb 1999	0	1,158	9.98	1.82	$2,105
Jan 1999	0	1,331	10.38	1.90	$2,529
Dec 1998	0	1,278	9.20	1.77	$2,266
Nov 1998	0	1,204	10.89	2.19	$2,632
Oct 1998	0	1,394	12.42	1.97	$2,745
Sep 1998	0	1,396	12.59	2.08	$2,907
Aug 1998	0	1,696	11.30	1.91	$3,235
Jul 1998	0	1,673	11.74	2.24	$3,743
Jun 1998	0	1,690	11.24	2.24	$3,781
May 1998	0	1,765	12.62	2.21	$3,894
Apr 1998	0	1,665	13.04	2.51	$4,171
Mar 1998	0	1,594	12.80	2.31	$3,681
Feb 1998	0	1,599	13.95	2.30	$3,676
Jan 1998	0	1,787	14.70	2.15	$3,851
Dec 1997	0	1,769	16.32	2.41	$4,265
Nov 1997	0	1,729	18.19	3.09	$5,340
Oct 1997	0	1,671	19.25	3.15	$5,263
Sep 1997	0	1,656	17.74	2.95	$4,893
Aug 1997	0	1,633	17.86	2.55	$4,172
Jul 1997	0	1,897	17.58	2.25	$4,262
Jun 1997	0	1,880	17.24	2.26	$4,244
May 1997	0	1,752	18.97	2.31	$4,044
Apr 1997	0	1,383	17.88	2.08	$2,880
Mar 1997	0	1,704	18.95	1.94	$3,304
Feb 1997	0	1,862	20.49	2.21	$4,107
Jan 1997	0	1,842	23.48	3.54	$6,520
Dec 1996	0	2,034	23.32	—	$0
Nov 1996	0	1,893	21.97	—	$0
Oct 1996	0	2,263	23.31	—	$0
Sep 1996	0	1,978	22.22	—	$0
Aug 1996	0	2,321	20.26	—	$0
Jul 1996	0	2,181	19.55	—	$0
Jun 1996	0	2,429	18.73	—	$0
May 1996	0	2,292	19.43	—	$0
Apr 1996	0	2,295	21.51	—	$0
Mar 1996	0	2,433	19.38	—	$0
Feb 1996	142	2,390	16.98	—	$2,411
Jan 1996	0	2,494	17.07	—	$0
Dec 1995	0	2,471	17.19	—	$0
Nov 1995	0	2,527	16.00	—	$0
Oct 1995	0	2,321	15.43	—	$0
Sep 1995	0	1,652	16.18	—	$0
Aug 1995	15	832	15.92	—	$239
Jul 1995	0	392	15.24	—	$0
Jun 1995	0	391	16.41	—	$0
May 1995	0	764	17.56	—	$0
Apr 1995	0	893	17.73	—	$0
Mar 1995	0	807	16.44	—	$0
Feb 1995	0	1,113	16.58	—	$0
Jan 1995	0	1,253	15.92	—	$0
Dec 1994	0	1,186	15.03	—	$0
Nov 1994	0	1,266	15.90	—	$0
Oct 1994	0	1,164	15.58	—	$0
Sep 1994	184	914	15.29	—	$2,813
Aug 1994	0	745	16.13	—	$0
Jul 1994	0	877	17.56	—	$0
Jun 1994	0	806	17.09	—	$0
May 1994	1	881	15.88	—	$16
Apr 1994	3	861	14.14	—	$42
Mar 1994	19	708	12.46	—	$237
Feb 1994	0	874	12.50	—	$0
Jan 1994	68	975	12.66	—	$861
Dec 1993	0	916	12.33	—	$0
Nov 1993	0	590	14.49	—	$0
Oct 1993	0	983	15.85	—	$0
Sep 1993	0	1,160	15.03	—	$0
Aug 1993	0	864	15.66	—	$0
Jul 1993	167	779	15.46	—	$2,582
Jun 1993	0	912	16.79	—	$0
May 1993	0	1,125	17.68	—	$0
Apr 1993	0	1,142	18.05	—	$0
Mar 1993	0	1,266	18.14	—	$0
Feb 1993	178	1,034	17.90	—	$3,186
Jan 1993	0	1,305	16.93	—	$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.

Dec 2010 — as filed, then multipliedworked

Condensate             1 bbl  × $ 85.73 =        $86
Gas                    0 Mcf  × $  4.35 =         $0

────────────────────────────────────────────────────
Month total                                      $86

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. 01/G/108503 is the state's own key, not one this site invented.