VINCENT

Operated by T-C OIL COMPANY, LLC (P-5 833782) in the TEJAS (FRIO 5400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 245480District 02Field 88702800CondensateGasSaveExport
Value, all time
$732 k
Jan 2009 – Sep 2012
Value, last 12 filed months
$13 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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
1978-07-15
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 11/01/98.

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
CondensateDisposition247 bbl$18,940
GasProduction170,116 Mcf$713,412
Total$732,352

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 28.4660, -97.2513. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.46602, -97.25126 · 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
6,067 ft
1 wells filed one
Completion to plug
9 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 6,067 ft.

Completions filed
Dec 2011
1 of 1 wells
Plug dates filed
Sep 2012
1 of 1 wells

Last completion to plug: a median of 9 months across the 1 well that filed both dates, with the middle half between 9 months and 9 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3913273616,067 ftDec 2011Sep 2012Yes

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

Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 2012126091.612.49$11,543
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 2011050484.983.65$1,839
Sep 201101,12883.623.99$4,496
Aug 201101,24783.404.15$5,174
Jul 2011072594.144.52$3,275
Jun 201101,52292.904.64$7,062
May 201103,02898.134.40$13,338
Apr 201103,540105.964.33$15,340
Mar 201104,15996.364.06$16,874
Feb 201103,25585.644.18$13,606
Jan 201105,13586.504.59$23,563
Dec 201003,87985.734.35$16,865
Nov 201005,04880.843.80$19,159
Oct 201003,96678.103.51$13,916
Sep 201002,27472.633.98$9,049
Aug 201005,47973.684.42$24,214
Jul 201006,61272.554.74$31,318
Jun 201005,18370.364.91$25,451
May 201004,13771.124.24$17,521
Apr 201003,78881.694.12$15,617
Mar 201004,81878.394.39$21,145
Feb 201004,68273.585.44$25,481
Jan 201004,72274.365.96$28,162
Dec 200904,32871.445.48$23,734
Nov 200904,58274.593.75$17,189
Oct 200905,09472.544.11$20,938
Sep 200907,40765.543.06$22,701
Aug 200906,96967.423.22$22,430
Jul 20091217,23261.133.46$32,452
Jun 200907,79566.163.90$30,362
May 2009010,75854.743.93$42,233
Apr 2009011,37046.773.59$40,790
Mar 2009011,51242.144.06$46,727
Feb 2009010,41032.814.63$48,230
Jan 200903,82835.865.37$20,560

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.

May 2012 — as filed, then multipliedworked
Condensate           126 bbl  × $ 91.61 =    $11,543
Gas                    0 Mcf  × $  2.49 =         $0

────────────────────────────────────────────────────
Month total                                  $11,543

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/245480 is the state's own key, not one this site invented.