DUKE RANCH -Q-

Operated by T - C OIL COMPANY (P-5 833850) in the LIVE OAK LAKE (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 217044District 02Field 54144025CondensateGasSaveExport
Value, all time
$4.0 M
Nov 2005 – Sep 2009
Value, last 12 filed months
$70 k
at the published price for each month
Months reported
47
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 80 leases and 80 wells, and the rule below applies to all of them.

Discovered
1989-05-01
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 1989-05-01.

The Commission's schedule remark for this field reads: 37 DEPARTMENT FOR APPROVAL.

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
CondensateDisposition120 bbl$7,921
GasProduction499,484 Mcf$3,957,599
Total$3,965,521

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 28.5717, -97.1916. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.57168, -97.19160 · 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
5,590 ft
1 wells filed one
Completion to plug
11 months
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 5,590 ft.

Completions filed
Oct 2008
1 of 1 wells
Plug dates filed
Sep 2009
1 of 1 wells

Last completion to plug: a median of 11 months across the 1 well that filed both dates, with the middle half between 11 months and 11 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1753378715,590 ftOct 2008Sep 2009Yes

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 (47)

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

47 months

Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 200903635.865.37$193
Dec 200804,53837.105.98$27,124
Nov 200804,90255.496.86$33,629
Oct 200801,31075.246.92$9,068
Sep 200800101.767.88$0
Aug 200803,892114.228.48$33,016
Jul 200806,496131.0811.39$73,986
Jun 200807,451131.3313.03$97,106
May 200808,066123.1711.57$93,358
Apr 200808,961110.3110.45$93,686
Mar 200809,324101.909.66$90,108
Feb 2008011,12992.538.77$97,608
Jan 2008013,59690.388.21$111,565
Dec 2007013,46488.337.30$98,314
Nov 2007011,30391.677.29$82,418
Oct 2007010,17782.856.92$70,445
Sep 200701,20375.846.24$7,512
Aug 200705,92969.066.39$37,874
Jul 2007011,77670.906.39$75,224
Jun 2007016,23462.007.55$122,542
May 2007016,57158.747.85$130,021
Apr 2007017,16259.617.81$133,953
Mar 2007017,29456.927.30$126,280
Feb 2007016,43255.108.22$135,005
Jan 2007017,67650.306.73$118,904
Dec 2006017,59756.656.92$121,744
Nov 2006018,13454.207.62$138,135
Oct 2006019,24554.906.01$115,736
Sep 2006017,32360.085.04$87,259
Aug 2006017,94168.717.34$131,686
Jul 2006013,46769.376.34$85,418
Jun 2006017,05966.286.38$108,903
May 200612024,39766.016.42$164,672
Apr 2006023,96664.397.36$176,401
Mar 2006021,47356.707.08$152,092
Feb 2006016,39957.597.75$127,111
Jan 2006020,50360.598.93$183,160
Dec 2005028,96454.9413.42$388,564
Nov 200508,09454.6910.59$85,703

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.

Jan 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 35.86 =         $0
Gas                   36 Mcf  × $  5.37 =       $193

────────────────────────────────────────────────────
Month total                                     $193

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/217044 is the state's own key, not one this site invented.