LEONARD

Operated by RIO-TEX, INC. (P-5 712930) in the LANGTRY (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 196026District 01Field 519892002 tax incentive programmesCondensateGasSaveExport
Value, all time
$134 k
Jun 2003 – Apr 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
107
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 27 leases and 27 wells, and the rule below applies to all of them.

Discovered
2000-01-04
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 2001-03-06.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/2001.

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
High Cost Gas112004-01-28153982
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
CondensateDisposition1 bbl$71
GasProduction20,434 Mcf$133,722
Total$133,793

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 30.0080, -100.7031. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.00797, -100.70307 · 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
12,500 ft
1 wells filed one
Completion to plug
8.8 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 12,500 ft.

Completions filed
Jun 2003
1 of 1 wells
Plug dates filed
Apr 2012
1 of 1 wells

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-46530698420412,500 ftJun 2003Apr 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 (107)

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

107 months

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 20100672.554.74$28
Jun 201001170.364.91$54
May 201002171.124.24$89
Apr 201002481.694.12$99
Mar 201004278.394.39$184
Feb 201004073.585.44$218
Jan 2010015274.365.96$907
Dec 2009014771.445.48$806
Nov 2009010974.593.75$409
Oct 2009015272.544.11$625
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090261.133.46$7
Jun 200901366.163.90$51
May 200902854.743.93$110
Apr 200906146.773.59$219
Mar 200905542.144.06$223
Feb 20090032.814.63$0
Jan 20090635.865.37$32
Dec 200803037.105.98$179
Nov 2008016355.496.86$1,118
Oct 2008016375.246.92$1,128
Sep 20080150101.767.88$1,182
Aug 20080115114.228.48$976
Jul 20080145131.0811.39$1,651
Jun 20080280131.3313.03$3,649
May 20080401123.1711.57$4,641
Apr 20080236110.3110.45$2,467
Mar 20080304101.909.66$2,938
Feb 2008018692.538.77$1,631
Jan 2008013490.388.21$1,100
Dec 2007044188.337.30$3,220
Nov 2007045491.677.29$3,310
Oct 2007030582.856.92$2,111
Sep 2007011375.846.24$706
Aug 2007029569.066.39$1,884
Jul 2007118270.906.39$1,234
Jun 200708462.007.55$634
May 2007029158.747.85$2,283
Apr 2007010059.617.81$781
Mar 2007018456.927.30$1,344
Feb 2007011455.108.22$937
Jan 2007013850.306.73$928
Dec 2006055256.656.92$3,819
Nov 2006013654.207.62$1,036
Oct 2006021654.906.01$1,299
Sep 2006031560.085.04$1,587
Aug 2006053068.717.34$3,890
Jul 2006011669.376.34$736
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060464.397.36$29
Mar 200602556.707.08$177
Feb 200603457.597.75$264
Jan 200607860.598.93$697
Dec 2005011254.9413.42$1,503
Nov 2005013354.6910.59$1,408
Oct 2005015258.3413.80$2,097
Sep 200503161.4512.08$374
Aug 2005025561.519.80$2,498
Jul 200508055.697.84$627
Jun 2005012552.337.38$923
May 2005011545.226.65$765
Apr 200507349.207.36$537
Mar 200508350.377.15$594
Feb 200508045.226.31$505
Jan 2005022943.166.32$1,448
Dec 2004026339.866.75$1,776
Nov 2004019645.286.33$1,241
Oct 2004019449.706.52$1,264
Sep 2004024343.245.28$1,284
Aug 2004023442.375.55$1,299
Jul 2004033738.286.08$2,050
Jun 2004034636.106.43$2,226
May 2004037437.486.49$2,429
Apr 2004033034.475.86$1,933
Mar 2004017034.365.53$940
Feb 2004055732.455.51$3,069
Jan 2004074532.036.30$4,693
Dec 2003093630.266.30$5,898
Nov 2003087228.804.60$4,007
Oct 2003049028.174.76$2,332
Sep 2003072326.314.75$3,434
Aug 200301,17529.765.13$6,027
Jul 200302,89829.415.17$14,985
Jun 20030028.565.98$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 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 72.55 =         $0
Gas                    6 Mcf  × $  4.74 =        $28

────────────────────────────────────────────────────
Month total                                      $28

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/196026 is the state's own key, not one this site invented.