DUKE RANCH -K-

Operated by T - C OIL COMPANY (P-5 833850) in the TEJAS (FRIO 4500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 217666District 02Field 88702265CondensateGasSave
Value, all time
$19.1 M
Nov 2005 – Feb 2011
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
64
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition2,170 bbl$139,063
GasProduction2,533,204 Mcf$18,916,545
Total$19,055,608

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 28.4713, -97.3076. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.47127, -97.30759 · 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
5,688 ft
1 wells filed one
Completion to plug
4.9 years
median over 1 wells

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 5,688 ft.

Completions filed
Nov 2005
1 of 1 wells
Plug dates filed
Oct 2010
1 of 1 wells

Last completion to plug: a median of 4.9 years across the 1 well that filed both dates, with the middle half between 4.9 years and 4.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1753383815,688 ftNov 2005Oct 2010Yes

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 (64)

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

64 months

Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 201038080.843.80$3,072
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20101332773.684.42$9,919
Jul 201003,05872.554.74$14,484
Jun 20100070.364.91$0
May 201048071.124.24$3,414
Apr 2010073381.694.12$3,022
Mar 201001,66678.394.39$7,312
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 200906666.163.90$257
May 2009066854.743.93$2,622
Apr 2009056546.773.59$2,027
Mar 2009087342.144.06$3,544
Feb 200902,06232.814.63$9,553
Jan 200902,53035.865.37$13,589
Dec 200802,74237.105.98$16,389
Nov 200802,81155.496.86$19,284
Oct 200803,51675.246.92$24,338
Sep 200803,763101.767.88$29,641
Aug 200804,552114.228.48$38,615
Jul 200802,981131.0811.39$33,952
Jun 200804,027131.3313.03$52,482
May 200804,805123.1711.57$55,614
Apr 200806,293110.3110.45$65,792
Mar 200809,431101.909.66$91,142
Feb 200808,68692.538.77$76,181
Jan 2008011,50890.388.21$94,432
Dec 2007014,74688.337.30$107,675
Nov 2007017,83591.677.29$130,047
Oct 200718223,62282.856.92$178,590
Sep 2007028,12575.846.24$175,617
Aug 200718336,05069.066.39$242,923
Jul 2007045,36070.906.39$289,757
Jun 200717256,06962.007.55$433,898
May 2007075,37658.747.85$591,421
Apr 200717866,43459.617.81$529,141
Mar 2007097,20056.927.30$709,751
Feb 200718098,20455.108.22$816,762
Jan 20070130,90250.306.73$880,558
Dec 2006045,84856.656.92$317,197
Nov 200617953,74254.207.62$419,080
Oct 20060129,87454.906.01$781,036
Sep 2006174142,41360.085.04$727,817
Aug 20060157,87368.717.34$1,158,775
Jul 20060155,05369.376.34$983,464
Jun 2006174158,39866.286.38$1,022,727
May 20060170,08366.016.42$1,092,783
Apr 2006175141,77364.397.36$1,054,786
Mar 20060151,04056.707.08$1,069,804
Feb 2006179124,98457.597.75$979,075
Jan 2006175155,86160.598.93$1,402,959
Dec 20050139,44754.9413.42$1,870,737
Nov 2005039,52954.6910.59$418,549

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.

Nov 2010 — as filed, then multipliedworked
Condensate            38 bbl  × $ 80.84 =     $3,072
Gas                    0 Mcf  × $  3.80 =         $0

────────────────────────────────────────────────────
Month total                                   $3,072

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/217666 is the state's own key, not one this site invented.