RED CREST TRUST

Operated by FIRST ROCK, INC. (P-5 269028) in the ROEHL (EDWARDS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 165140District 02Field 77883333CondensateGasSaveExport
Value, all time
$3.2 M
May 1997 – Jul 2007
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
123
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
1964-07-25
as the register files it
Field class
Gas
the register's own label
Between wells
3,735 ft
minimum
From a lease line
1,867 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: RESCINDED CASING & MULTI-STAGE CEMENTING RULES

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
CondensateDisposition4,354 bbl$104,525
GasProduction750,577 Mcf$3,132,504
Total$3,237,030

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 29.0410, -97.4491. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.04102, -97.44909 · 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
14,446 ft
1 wells filed one
Completion to plug
9.2 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 14,446 ft.

Completions filed
Feb 1998
1 of 1 wells
Plug dates filed
Apr 2007
1 of 1 wells

Last completion to plug: a median of 9.2 years across the 1 well that filed both dates, with the middle half between 9.2 years and 9.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-12331793114,446 ftFeb 1998Apr 2007Yes

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 (123)

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

123 months

Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200737058.747.85$2,173
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 2007110055.108.22$6,061
Jan 20070050.306.73$0
Dec 2006040656.656.92$2,809
Nov 2006039754.207.62$3,024
Oct 200601,13054.906.01$6,796
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 2006046569.376.34$2,949
Jun 200601,74466.286.38$11,133
May 20060066.016.42$0
Apr 200601,42464.397.36$10,481
Mar 200603,73256.707.08$26,433
Feb 200603,29457.597.75$25,532
Jan 200603,68160.598.93$32,884
Dec 200503,64154.9413.42$48,845
Nov 200504,09054.6910.59$43,307
Oct 200503,52658.3413.80$48,644
Sep 20051803,66461.4512.08$55,318
Aug 200503,47561.519.80$34,044
Jul 200502,48855.697.84$19,515
Jun 2005030052.337.38$2,214
May 200501,84945.226.65$12,298
Apr 200504,25249.207.36$31,297
Mar 200503,96550.377.15$28,369
Feb 200503,43045.226.31$21,650
Jan 200504,02343.166.32$25,434
Dec 200404,37039.866.75$29,502
Nov 200404,17645.286.33$26,436
Oct 200403,20849.706.52$20,900
Sep 200405143.245.28$269
Aug 200403,60342.375.55$19,999
Jul 200404,05938.286.08$24,696
Jun 200404,16036.106.43$26,761
May 200404,28637.486.49$27,836
Apr 200404,40834.475.86$25,824
Mar 20041854,95534.365.53$33,758
Feb 200404,64132.455.51$25,570
Jan 200404,50932.036.30$28,405
Dec 200304,17130.266.30$26,284
Nov 200304,53628.804.60$20,844
Oct 200304,81528.174.76$22,918
Sep 200304,22526.314.75$20,066
Aug 200304,64229.765.13$23,812
Jul 200305,41229.415.17$27,985
Jun 200305,43128.565.98$32,493
May 200305,61926.595.97$33,560
Apr 20031866,83426.675.41$41,914
Mar 200306,94731.146.10$42,349
Feb 200306,52233.487.93$51,693
Jan 200307,51730.315.58$41,960
Dec 200207,11626.914.85$34,539
Nov 200206,04424.664.14$25,004
Oct 200206,39626.464.23$27,049
Sep 200206,25427.443.64$22,735
Aug 20021947,71025.963.16$29,432
Jul 200208,27624.583.06$25,339
Jun 200207,92423.733.34$26,452
May 200208,84224.663.58$31,690
Apr 200208,54323.653.51$30,006
Mar 200209,05822.003.10$28,104
Feb 200207,73718.222.38$18,381
Jan 20021609,38117.172.38$25,033
Dec 200108,70716.932.36$20,587
Nov 200109,33118.072.41$22,446
Oct 200109,75619.782.53$24,672
Sep 20011768,08924.262.25$22,481
Aug 200109,64324.873.05$29,442
Jul 200109,44823.933.20$30,206
Jun 2001010,54024.563.82$40,307
May 2001010,74625.524.31$46,286
Apr 200117610,68224.685.34$61,336
Mar 2001012,27524.545.38$65,996
Feb 2001010,64727.755.77$61,402
Jan 2001011,73227.478.40$98,534
Dec 200016812,96326.889.12$122,771
Nov 2000011,46832.215.66$64,886
Oct 2000013,25131.235.15$68,183
Sep 20001819,19731.875.19$53,469
Aug 2000010,60529.644.54$48,155
Jul 200007,99628.534.09$32,702
Jun 20001975,71329.304.40$30,894
May 200007,68827.263.68$28,290
Apr 20000024.513.12$0
Mar 200009,09728.422.86$26,015
Feb 20001779,56127.622.73$30,957
Jan 2000010,85325.272.48$26,921
Dec 199918611,65124.282.42$32,755
Nov 1999012,03623.192.43$29,296
Oct 199919512,84520.982.80$40,105
Sep 1999013,10521.752.62$34,320
Aug 199918213,07419.262.88$41,101
Jul 199918713,41517.892.37$35,171
Jun 1999013,95215.942.36$32,956
May 199918216,73015.792.32$41,704
Apr 199904,98115.102.21$10,998
Mar 19991774,50212.471.84$10,483
Feb 199904,3359.981.82$7,880
Jan 199904,77110.381.90$9,065
Dec 199835,0259.201.77$8,939
Nov 19981845,12910.892.19$13,214
Oct 199815,57212.421.97$10,985
Sep 199815,75512.592.08$11,998
Aug 19981826,26811.301.91$14,012
Jul 199816,07311.742.24$13,599
Jun 199836,68011.242.24$14,979
May 19981788,32312.622.21$20,610
Apr 199809,26613.042.51$23,214
Mar 199816013,78812.802.31$33,891
Feb 199805,30613.952.30$12,199
Jan 19980014.702.15$0
Dec 1997010416.322.41$251
Nov 199720515,25218.193.09$50,831
Oct 199720015,09619.253.15$51,400
Sep 1997015,97417.742.95$47,201
Aug 1997010,22717.862.55$26,127
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$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.

May 2007 — as filed, then multipliedworked
Condensate            37 bbl  × $ 58.74 =     $2,173
Gas                    0 Mcf  × $  7.85 =         $0

────────────────────────────────────────────────────
Month total                                   $2,173

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. 02/G/165140 is the state's own key, not one this site invented.