FRENCH ESTATE

Operated by TRI-C RESOURCES, INC. (P-5 868554) in the SPEAKS, S.W. (5800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 221887District 02Field 84984974CondensateGasSaveExport
Value, all time
$1.5 M
Sep 2006 – Mar 2009
Value, last 12 filed months
$530 k
at the published price for each month
Months reported
31
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1985-01-16
as the register files it
Field class
Oil and 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 05/01/96.

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
CondensateDisposition1,025 bbl$96,144
GasProduction160,137 Mcf$1,376,575
Total$1,472,719

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 29.2248, -96.7872. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.22475, -96.78719 · 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
6,119 ft
1 wells filed one
Completion to plug
2.5 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 6,119 ft.

Completions filed
Sep 2006
1 of 1 wells
Plug dates filed
Mar 2009
1 of 1 wells

Last completion to plug: a median of 2.5 years across the 1 well that filed both dates, with the middle half between 2.5 years and 2.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2853330016,119 ftSep 2006Mar 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 (31)

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

31 months

Mar 20090042.144.06$0
Feb 200937032.814.63$1,214
Jan 200901135.865.37$59
Dec 200807737.105.98$460
Nov 2008061955.496.86$4,247
Oct 2008076075.246.92$5,261
Sep 20080136101.767.88$1,071
Aug 200800114.228.48$0
Jul 20081764,008131.0811.39$68,719
Jun 2008013,061131.3313.03$170,219
May 2008011,662123.1711.57$134,979
Apr 200829910,596110.3110.45$143,762
Mar 200808,922101.909.66$86,223
Feb 200808,72892.538.77$76,550
Jan 200807,72190.388.21$63,356
Dec 20071799,35288.337.30$84,099
Nov 200709,92191.677.29$72,341
Oct 2007010,10182.856.92$69,919
Sep 200709,09375.846.24$56,778
Aug 20073344,88369.066.39$54,258
Jul 200706,34270.906.39$40,512
Jun 2007010,48762.007.55$79,161
May 2007011,00858.747.85$86,372
Apr 200709,16059.617.81$71,496
Mar 2007010,02556.927.30$73,202
Feb 200703,46455.108.22$28,460
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$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.

Feb 2009 — as filed, then multipliedworked
Condensate            37 bbl  × $ 32.81 =     $1,214
Gas                    0 Mcf  × $  4.63 =         $0

────────────────────────────────────────────────────
Month total                                   $1,214

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/221887 is the state's own key, not one this site invented.