RENFRO

Operated by MODERN EXPLORATION, INC. (P-5 573226) in the CARTER THOMAS (COOK MTN.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 226787District 02Field 16017300CondensateGasSaveExport
Value, all time
$587 k
Feb 2007 – Aug 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
43
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1981-03-14
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: ALLOCATION FORMULA EFFECTIVE 10/01/2007.

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
CondensateDisposition291 bbl$18,092
GasProduction75,068 Mcf$569,388
Total$587,480

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 28.7448, -97.3375. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.74483, -97.33745 · 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
5,856 ft
1 wells filed one
Completion to plug
3.5 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 5,856 ft.

Completions filed
Feb 2007
1 of 1 wells
Plug dates filed
Aug 2010
1 of 1 wells

Last completion to plug: a median of 3.5 years across the 1 well that filed both dates, with the middle half between 3.5 years and 3.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1753397415,856 ftFeb 2007Aug 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 (43)

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

43 months

Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
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 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 2009374132.814.63$1,404
Jan 200901835.865.37$97
Dec 200802637.105.98$155
Nov 20080355.496.86$21
Oct 200803775.246.92$256
Sep 200802101.767.88$16
Aug 2008055114.228.48$467
Jul 20080883131.0811.39$10,057
Jun 2008047131.3313.03$613
May 20080136123.1711.57$1,574
Apr 200800110.3110.45$0
Mar 2008068101.909.66$657
Feb 200808192.538.77$710
Jan 200802290.388.21$181
Dec 2007030788.337.30$2,242
Nov 2007011491.677.29$831
Oct 2007031582.856.92$2,180
Sep 200701,77475.846.24$11,077
Aug 200702,36769.066.39$15,120
Jul 20071271,86970.906.39$20,943
Jun 200712723,15062.007.55$182,621
May 200709,62458.747.85$75,513
Apr 2007022,92659.617.81$178,942
Mar 2007011,20356.927.30$81,804
Feb 20070055.108.22$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                   41 Mcf  × $  4.63 =       $190

────────────────────────────────────────────────────
Month total                                   $1,404

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/226787 is the state's own key, not one this site invented.