DUKE RANCH -8-

Operated by T - C OIL COMPANY (P-5 833850) in the TEJAS (FRIO 4600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 235975District 02Field 88702276CondensateGasSaveExport
Value, all time
$1.4 M
May 2008 – Oct 2010
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
30
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1970-02-15
as the register files it
Field class
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 1978-10-23.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 03/01/2009.

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
CondensateDisposition193 bbl$15,883
GasProduction122,033 Mcf$1,364,594
Total$1,380,477

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 28.4836, -97.3000. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.48363, -97.29997 · 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
5,590 ft
1 wells filed one
Completion to plug
3 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 5,590 ft.

Completions filed
Jun 2010
1 of 1 wells
Plug dates filed
Sep 2010
1 of 1 wells

Last completion to plug: a median of 3 months across the 1 well that filed both dates, with the middle half between 3 months and 3 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1753388215,590 ftJun 2010Sep 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 (30)

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

30 months

Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 201035073.684.42$2,579
Jul 20100072.554.74$0
Jun 201009270.364.91$452
May 2010040371.124.24$1,707
Apr 201015094281.694.12$16,137
Mar 2010049778.394.39$2,181
Feb 201001,19073.585.44$6,476
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 200909867.423.22$315
Jul 2009022061.133.46$762
Jun 2009018566.163.90$721
May 200907054.743.93$275
Apr 200901,98846.773.59$7,132
Mar 2009046742.144.06$1,896
Feb 20090032.814.63$0
Jan 2009020935.865.37$1,123
Dec 2008077837.105.98$4,650
Nov 20080055.496.86$0
Oct 2008069275.246.92$4,790
Sep 200803,048101.767.88$24,009
Aug 200809,413114.228.48$79,851
Jul 2008019,082131.0811.39$217,333
Jun 2008834,504131.3313.03$450,729
May 2008048,155123.1711.57$557,360

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 2010 — as filed, then multipliedworked
Condensate            35 bbl  × $ 73.68 =     $2,579
Gas                    0 Mcf  × $  4.42 =         $0

────────────────────────────────────────────────────
Month total                                   $2,579

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/235975 is the state's own key, not one this site invented.