FOUR SQUARE RANCH

Operated by PAR MINERALS CORPORATION (P-5 638850) in the FOUR SQUARE (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 147047District 01Field 32367075NGPA filingGasSaveExport
Value, all time
$166 k
Jan 1993 – Apr 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
232
no gaps in the span
Streams
1
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1996-04-01
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

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
GasProduction86,493 Mcf$165,854
Total$165,854

33,809 Mcf of this lease's gas, across 11 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 30.1028, -100.4140. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.10279, -100.41397 · 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
7,830 ft
1 wells filed one
Completion to plug
29.2 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 7,830 ft.

Completions filed
Feb 1983
1 of 1 wells
Plug dates filed
Apr 2012
1 of 1 wells

Last completion to plug: a median of 29.2 years across the 1 well that filed both dates, with the middle half between 29.2 years and 29.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1373071817,830 ftFeb 1983Apr 2012Yes

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 (232)

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

232 months

Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 200834131.3313.03$443
May 200816123.1711.57$185
Apr 200823110.3110.45$240
Mar 200828101.909.66$271
Feb 20082092.538.77$175
Jan 20087190.388.21$583
Dec 20076588.337.30$475
Nov 20072591.677.29$182
Oct 20071882.856.92$125
Sep 20073375.846.24$206
Aug 20073269.066.39$204
Jul 2007070.906.39$0
Jun 20076162.007.55$460
May 20075158.747.85$400
Apr 20075859.617.81$453
Mar 20078156.927.30$591
Feb 20076755.108.22$550
Jan 20075150.306.73$343
Dec 20066456.656.92$443
Nov 20066154.207.62$465
Oct 20065954.906.01$355
Sep 20065860.085.04$292
Aug 20066268.717.34$455
Jul 20066169.376.34$387
Jun 20066066.286.38$383
May 20066366.016.42$405
Apr 20064964.397.36$361
Mar 20064656.707.08$326
Feb 20062857.597.75$217
Jan 20064860.598.93$429
Dec 20055654.9413.42$751
Nov 20056854.6910.59$720
Oct 20055258.3413.80$717
Sep 20055261.4512.08$628
Aug 20054161.519.80$402
Jul 20054855.697.84$376
Jun 20054152.337.38$303
May 20056145.226.65$406
Apr 20054249.207.36$309
Mar 20056350.377.15$451
Feb 20054345.226.31$271
Jan 20055043.166.32$316
Dec 20046339.866.75$425
Nov 20045845.286.33$367
Oct 20044449.706.52$287
Sep 20044243.245.28$222
Aug 20046642.375.55$366
Jul 20044838.286.08$292
Jun 20045536.106.43$354
May 20044337.486.49$279
Apr 20043934.475.86$228
Mar 20042934.365.53$160
Feb 20043832.455.51$209
Jan 20044832.036.30$302
Dec 20039330.266.30$586
Nov 200310628.804.60$487
Oct 20034928.174.76$233
Sep 20035226.314.75$247
Aug 20033829.765.13$195
Jul 200312629.415.17$652
Jun 20034128.565.98$245
May 20036826.595.97$406
Apr 20033926.675.41$211
Mar 200311431.146.10$695
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 2001018.072.41$0
Oct 200123919.782.53$604
Sep 200131024.262.25$698
Aug 200140724.873.05$1,243
Jul 200153523.933.20$1,710
Jun 200165224.563.82$2,493
May 200168025.524.31$2,929
Apr 200156024.685.34$2,988
Mar 200145424.545.38$2,441
Feb 20011,36627.755.77$7,878
Jan 200146127.478.40$3,872
Dec 200028326.889.12$2,582
Nov 200042432.215.66$2,399
Oct 200056731.235.15$2,918
Sep 200072331.875.19$3,750
Aug 200026029.644.54$1,181
Jul 200058228.534.09$2,380
Jun 200056429.304.40$2,480
May 200057127.263.68$2,101
Apr 200034624.513.12$1,078
Mar 200061928.422.86$1,770
Feb 200048627.622.73$1,325
Jan 200060625.272.48$1,503
Dec 19991,21224.282.42$2,938
Nov 19991,21223.192.43$2,950
Oct 19991,21920.982.80$3,418
Sep 19991,42821.752.62$3,740
Aug 19991,32419.262.88$3,807
Jul 19991,28317.892.37$3,044
Jun 199956415.942.36$1,332
May 19991,52615.792.32$3,542
Apr 19991,14215.102.21$2,522
Mar 19991,03212.471.84$1,897
Feb 19997399.981.82$1,343
Jan 199966610.381.90$1,265
Dec 19988189.201.77$1,451
Nov 199864310.892.19$1,405
Oct 19981,07212.421.97$2,111
Sep 199890412.592.08$1,883
Aug 199874611.301.91$1,423
Jul 199879611.742.24$1,781
Jun 199886211.242.24$1,929
May 199886212.622.21$1,902
Apr 199843113.042.51$1,080
Mar 199835512.802.31$820
Feb 199873913.952.30$1,699
Jan 199861314.702.15$1,321
Dec 199784016.322.41$2,025
Nov 199788818.193.09$2,742
Oct 19971,15419.253.15$3,635
Sep 19971,02017.742.95$3,014
Aug 19971,10217.862.55$2,815
Jul 19971,30717.582.25$2,937
Jun 19971,19817.242.26$2,704
May 19971,36418.972.31$3,149
Apr 19971,42917.882.08$2,976
Mar 19971,80718.951.94$3,504
Feb 19971,53820.492.21$3,393
Jan 19971,84523.483.54$6,531
Dec 19962,29723.32$0
Nov 19963,09721.97$0
Oct 19963,01823.31$0
Sep 19963,35722.22$0
Aug 19963,47120.26$0
Jul 19963,52719.55$0
Jun 19963,37818.73$0
May 19963,80219.43$0
Apr 19963,97021.51$0
Mar 19963,36619.38$0
Feb 199652616.98$0
Jan 1996017.07$0
Dec 1995017.19$0
Nov 1995016.00$0
Oct 1995015.43$0
Sep 1995016.18$0
Aug 1995015.92$0
Jul 1995015.24$0
Jun 1995016.41$0
May 1995017.56$0
Apr 1995017.73$0
Mar 1995016.44$0
Feb 1995016.58$0
Jan 1995015.92$0
Dec 1994015.03$0
Nov 1994015.90$0
Oct 1994015.58$0
Sep 1994015.29$0
Aug 1994016.13$0
Jul 1994017.56$0
Jun 1994017.09$0
May 1994015.88$0
Apr 1994014.14$0
Mar 1994012.46$0
Feb 1994012.50$0
Jan 1994012.66$0
Dec 1993012.33$0
Nov 1993014.49$0
Oct 1993015.85$0
Sep 1993015.03$0
Aug 1993015.66$0
Jul 1993015.46$0
Jun 1993016.79$0
May 1993017.68$0
Apr 1993018.05$0
Mar 1993018.14$0
Feb 1993017.90$0
Jan 1993016.93$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.

Jun 2008 — as filed, then multipliedworked
Gas                   34 Mcf  × $ 13.03 =       $443

────────────────────────────────────────────────────
Month total                                     $443

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/147047 is the state's own key, not one this site invented.