DUKE RANCH -1-

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 220101District 02Field 54144025CondensateGasSaveExport
Value, all time
$4.3 M
Feb 2006 – Oct 2009
Value, last 12 filed months
$88 k
at the published price for each month
Months reported
45
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
CondensateDisposition1,768 bbl$133,329
GasProduction603,896 Mcf$4,130,079
Total$4,263,408

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 28.5944, -97.1999. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.59437, -97.19993 · 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
5,360 ft
1 wells filed one
Completion to plug
16 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 5,360 ft.

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

Last completion to plug: a median of 16 months across the 1 well that filed both dates, with the middle half between 16 months and 16 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1753384715,360 ftJun 2008Oct 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 (45)

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

45 months

Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009032567.423.22$1,046
Jul 200901,19561.133.46$4,140
Jun 200901,41866.163.90$5,523
May 200901,73554.743.93$6,811
Apr 200901,99146.773.59$7,143
Mar 200902,40242.144.06$9,750
Feb 200902,60932.814.63$12,088
Jan 200903,71435.865.37$19,948
Dec 200801,16537.105.98$6,963
Nov 200802,06555.496.86$14,167
Oct 200805,37075.246.92$37,171
Sep 200804,435101.767.88$34,935
Aug 200805,810114.228.48$49,286
Jul 200805,177131.0811.39$58,963
Jun 200804,910131.3313.03$63,990
May 200801,274123.1711.57$14,746
Apr 2008946,064110.3110.45$73,767
Mar 200807,823101.909.66$75,602
Feb 2008371,75892.538.77$18,842
Jan 20081354,46290.388.21$48,815
Dec 200704,42088.337.30$32,275
Nov 20071668,57491.677.29$77,736
Oct 200714310,40782.856.92$83,885
Sep 20071019,06375.846.24$64,251
Aug 200706,48169.066.39$41,400
Jul 200701,73670.906.39$11,089
Jun 200706,54362.007.55$49,390
May 200705,72258.747.85$44,896
Apr 200705,51759.617.81$43,061
Mar 200707,92756.927.30$57,883
Feb 200707,89955.108.22$64,898
Jan 200701,32250.306.73$8,893
Dec 200601,59956.656.92$11,063
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006012,68560.085.04$63,897
Aug 2006055,23368.717.34$405,406
Jul 2006294103,38169.376.34$676,116
Jun 2006291115,23366.286.38$754,921
May 2006174110,69866.016.42$722,720
Apr 200633338,00864.397.36$301,199
Mar 2006022,19056.707.08$157,170
Feb 200603,55657.597.75$27,563

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.

Aug 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 67.42 =         $0
Gas                  325 Mcf  × $  3.22 =     $1,046

────────────────────────────────────────────────────
Month total                                   $1,046

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/220101 is the state's own key, not one this site invented.