DUKE RANCH -12-

Operated by T - C OIL COMPANY (P-5 833850) in the SARCO CREEK (5000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 221542District 02Field 81077913CondensateGasSaveExport
Value, all time
$1.8 M
Aug 2006 – Nov 2010
Value, last 12 filed months
$79 k
at the published price for each month
Months reported
52
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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered
1945-12-01
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 10/01/2000.

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
CondensateDisposition416 bbl$26,630
GasProduction251,172 Mcf$1,731,572
Total$1,758,202

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 28.5234, -97.2615. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.52337, -97.26146 · 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
5,623 ft
1 wells filed one
Completion to plug
3.9 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 5,623 ft.

Completions filed
Aug 2006
1 of 1 wells
Plug dates filed
Jul 2010
1 of 1 wells

Last completion to plug: a median of 3.9 years across the 1 well that filed both dates, with the middle half between 3.9 years and 3.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1753393315,623 ftAug 2006Jul 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 (52)

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

52 months

Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201031072.633.98$2,252
Aug 201061073.684.42$4,494
Jul 201003,61872.554.74$17,137
Jun 201002,79370.364.91$13,715
May 201003,23171.124.24$13,684
Apr 201001,89181.694.12$7,796
Mar 201002,68278.394.39$11,770
Feb 201001,49173.585.44$8,115
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 200901,86667.423.22$6,006
Jul 200902,00261.133.46$6,936
Jun 200901,92866.163.90$7,510
May 20091742,13654.743.93$17,910
Apr 200902,16646.773.59$7,771
Mar 200902,51842.144.06$10,221
Feb 200902,41132.814.63$11,170
Jan 200903,22135.865.37$17,300
Dec 200803,09937.105.98$18,523
Nov 200805,56355.496.86$38,164
Oct 200803,79175.246.92$26,241
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 20080744131.0811.39$8,474
Jun 200802,800131.3313.03$36,491
May 200803,853123.1711.57$44,596
Apr 200804,911110.3110.45$51,344
Mar 200803,213101.909.66$31,051
Feb 200803,46992.538.77$30,425
Jan 200804,50290.388.21$36,942
Dec 200705,09988.337.30$37,233
Nov 200707,10591.677.29$51,808
Oct 2007010,03782.856.92$69,476
Sep 200707,24775.846.24$45,251
Aug 20071509,74569.066.39$72,609
Jul 2007012,85170.906.39$82,091
Jun 2007015,17362.007.55$114,533
May 2007015,97158.747.85$125,313
Apr 2007012,77359.617.81$99,696
Mar 2007010,40556.927.30$75,977
Feb 2007015,93055.108.22$130,881
Jan 2007017,24450.306.73$115,998
Dec 200604,30656.656.92$29,791
Nov 200606,04254.207.62$46,025
Oct 2006014,83954.906.01$89,239
Sep 2006015,15960.085.04$76,359
Aug 200601,34768.717.34$9,887

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.

Sep 2010 — as filed, then multipliedworked
Condensate            31 bbl  × $ 72.63 =     $2,252
Gas                    0 Mcf  × $  3.98 =         $0

────────────────────────────────────────────────────
Month total                                   $2,252

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/221542 is the state's own key, not one this site invented.