KINCAID

Name: KINCAID lease production and value, Jul 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by NEWFIELD EXPLORATION COMPANY (P-5 606617) in the CHITTIM (GEORGETOWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14302District 01Field 17876249OilCasinghead gasSave Export

Value, all time

$245 k

Jul 2000 – Aug 2013

Value, last 12 filed months

at the published price for each month

Months reported

158

no gaps in the span

Streams

oil, casinghead gas

The CHITTIM (GEORGETOWN) 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 28 leases and 45 wells, and the rule below applies to all of them.

Discovered

1972-11-08

as the register files it

Field class

Oil and 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 2005-09-12.

The Commission's schedule remark for this field reads: “EXEMPT FIELD EFFECTIVE 6/1/97.”

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
Oil	Disposition	2,478 bbl	$114,931
Casinghead gas	Production	18,346 Mcf	$130,156
Total			$245,087

Wells on this lease (3)

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 28.7945, -100.4060. A lease has no coordinate of its own — that point is the mean of its wells, and they span 4.0 miles.

28.80181, -100.41108 · 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%

3 of 3 wells

With a plug date

100.0%

3 of 3 wells

Median depth

3,903 ft

3 wells filed one

Completion to plug

10.9 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

3100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

3100.0%

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

Between 3,415 and 4,747 ft, median 3,903 ft, over the 3 wells that filed a depth.

Completions filed

Jul 2000 – Feb 2004

2 of 3 wells; 1 filed none

Plug dates filed

Feb 2013 – Apr 2013

3 of 3 wells

Last completion to plug: a median of 10.9 years across the 2 wells that filed both dates, with the middle half between 9.9 years and 11.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-32332661	1257	3,415 ft	—	Feb 2013	Yes
42-32332709	2201	3,903 ft	Feb 2004	Feb 2013	Yes
42-32332542	1201	4,747 ft	Jul 2000	Apr 2013	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 (158)

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

158 months


Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
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	0	0	85.73	4.35	$0
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	68	0	78.39	4.39	$5,331
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	153	35.86	5.37	$822
Dec 2008	0	143	37.10	5.98	$855
Nov 2008	0	184	55.49	6.86	$1,262
Oct 2008	0	283	75.24	6.92	$1,959
Sep 2008	0	186	101.76	7.88	$1,465
Aug 2008	0	111	114.22	8.48	$942
Jul 2008	85	0	131.08	11.39	$11,142
Jun 2008	0	48	131.33	13.03	$626
May 2008	0	467	123.17	11.57	$5,405
Apr 2008	0	386	110.31	10.45	$4,036
Mar 2008	83	1	101.90	9.66	$8,467
Feb 2008	0	25	92.53	8.77	$219
Jan 2008	0	31	90.38	8.21	$254
Dec 2007	0	145	88.33	7.30	$1,059
Nov 2007	0	422	91.67	7.29	$3,077
Oct 2007	0	440	82.85	6.92	$3,046
Sep 2007	160	432	75.84	6.24	$14,832
Aug 2007	0	68	69.06	6.39	$434
Jul 2007	0	67	70.90	6.39	$428
Jun 2007	0	23	62.00	7.55	$174
May 2007	0	9	58.74	7.85	$71
Apr 2007	0	11	59.61	7.81	$86
Mar 2007	0	35	56.92	7.30	$256
Feb 2007	0	111	55.10	8.22	$912
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	110	56.65	6.92	$761
Nov 2006	0	826	54.20	7.62	$6,292
Oct 2006	0	869	54.90	6.01	$5,226
Sep 2006	0	904	60.08	5.04	$4,554
Aug 2006	0	908	68.71	7.34	$6,665
Jul 2006	151	816	69.37	6.34	$15,651
Jun 2006	0	505	66.28	6.38	$3,224
May 2006	0	249	66.01	6.42	$1,600
Apr 2006	0	56	64.39	7.36	$412
Mar 2006	0	40	56.70	7.08	$283
Feb 2006	0	9	57.59	7.75	$70
Jan 2006	0	165	60.59	8.93	$1,474
Dec 2005	0	264	54.94	13.42	$3,542
Nov 2005	0	228	54.69	10.59	$2,414
Oct 2005	0	91	58.34	13.80	$1,255
Sep 2005	147	259	61.45	12.08	$12,162
Aug 2005	0	567	61.51	9.80	$5,555
Jul 2005	0	80	55.69	7.84	$627
Jun 2005	0	454	52.33	7.38	$3,351
May 2005	0	229	45.22	6.65	$1,523
Apr 2005	165	119	49.20	7.36	$8,994
Mar 2005	0	372	50.37	7.15	$2,662
Feb 2005	0	151	45.22	6.31	$953
Jan 2005	0	402	43.16	6.32	$2,542
Dec 2004	0	589	39.86	6.75	$3,976
Nov 2004	0	262	45.28	6.33	$1,659
Oct 2004	162	684	49.70	6.52	$12,508
Sep 2004	0	655	43.24	5.28	$3,461
Aug 2004	0	762	42.37	5.55	$4,230
Jul 2004	163	607	38.28	6.08	$9,933
Jun 2004	0	691	36.10	6.43	$4,445
May 2004	171	652	37.48	6.49	$10,644
Apr 2004	0	944	34.47	5.86	$5,530
Mar 2004	0	17	34.36	5.53	$94
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	143	0	30.31	5.58	$4,334
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	1	24.66	4.14	$4
Oct 2002	0	1	26.46	4.23	$4
Sep 2002	0	1	27.44	3.64	$4
Aug 2002	0	1	25.96	3.16	$3
Jul 2002	0	1	24.58	3.06	$3
Jun 2002	0	1	23.73	3.34	$3
May 2002	173	1	24.66	3.58	$4,270
Apr 2002	0	1	23.65	3.51	$4
Mar 2002	0	1	22.00	3.10	$3
Feb 2002	0	1	18.22	2.38	$2
Jan 2002	0	1	17.17	2.38	$2
Dec 2001	0	1	16.93	2.36	$2
Nov 2001	168	1	18.07	2.41	$3,038
Oct 2001	0	1	19.78	2.53	$3
Sep 2001	0	1	24.26	2.25	$2
Aug 2001	1	1	24.87	3.05	$28
Jul 2001	0	1	23.93	3.20	$3
Jun 2001	0	1	24.56	3.82	$4
May 2001	0	1	25.52	4.31	$4
Apr 2001	2	1	24.68	5.34	$55
Mar 2001	0	1	24.54	5.38	$5
Feb 2001	173	1	27.75	5.77	$4,807
Jan 2001	186	1	27.47	8.40	$5,118
Dec 2000	116	1	26.88	9.12	$3,127
Nov 2000	0	1	32.21	5.66	$6
Oct 2000	53	1	31.23	5.15	$1,660
Sep 2000	0	1	31.87	5.19	$5
Aug 2000	59	1	29.64	4.54	$1,753
Jul 2000	49	1	28.53	4.09	$1,402

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.

Mar 2010 — as filed, then multipliedworked

Oil                   68 bbl  × $ 78.39 =     $5,331
Casinghead gas         0 Mcf  × $  4.39 =         $0

────────────────────────────────────────────────────
Month total                                   $5,331

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/O/14302 is the state's own key, not one this site invented.