CANFIELD RANCH

Operated by CONTINENTAL OPERATING CO. (P-5 173749) in the GEORGE WEST, EAST (QUEEN CITY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 262232District 02Field 34494250CondensateGasSaveExport
Value, all time
$1.1 M
Sep 2010 – Oct 2019
Value, last 12 filed months
$36 k
at the published price for each month
Months reported
110
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
1960-02-09
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 2003-11-10.

The Commission's schedule remark for this field reads: THE GEORGE WEST, EAST (QUEEN CITY) FIELD.

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
CondensateDisposition1,950 bbl$146,854
GasProduction282,293 Mcf$952,865
Total$1,099,719

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 28.3556, -98.0878. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.35560, -98.08778 · 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
8,970 ft
1 wells filed one
Completion to plug
8.6 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 8,970 ft.

Completions filed
Sep 2010
1 of 1 wells
Plug dates filed
Apr 2019
1 of 1 wells

Last completion to plug: a median of 8.6 years across the 1 well that filed both dates, with the middle half between 8.6 years and 8.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2973489318,970 ftSep 2010Apr 2019Yes

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 (110)

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

110 months

Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019103058.482.74$6,023
Apr 20190062.632.75$0
Mar 201901,78656.803.06$5,469
Feb 201902,03950.852.79$5,693
Jan 201901,23246.033.23$3,977
Dec 201801,64646.594.19$6,889
Nov 201801,81552.934.24$7,691
Oct 201801,79461.443.40$6,096
Sep 201801,96359.543.11$6,101
Aug 201802,16359.403.07$6,633
Jul 20181721,70365.142.93$16,197
Jun 201801,84160.183.08$5,665
May 201802,27465.382.90$6,596
Apr 201801,92163.842.90$5,572
Mar 201802,27861.222.79$6,348
Feb 201802,11161.782.77$5,839
Jan 201802,25262.874.01$9,029
Dec 201701,99057.272.92$5,814
Nov 201702,41255.423.12$7,521
Oct 201702,30249.292.98$6,868
Sep 201702,51347.523.09$7,758
Aug 201702,05845.373.00$6,183
Jul 201702,37443.873.09$7,329
Jun 20171571,92942.493.09$12,626
May 201702,34145.373.26$7,640
Apr 201702,18047.933.21$7,001
Mar 201702,55046.772.98$7,608
Feb 201702,19150.452.95$6,469
Jan 201702,47449.413.42$8,458
Dec 201602,60848.763.72$9,709
Nov 201602,52542.492.64$6,677
Oct 201602,91946.193.09$9,020
Sep 201602,81941.553.10$8,741
Aug 201602,77041.442.92$8,100
Jul 20161532,57541.622.92$13,898
Jun 201602,82545.352.69$7,587
May 201603,07642.521.99$6,124
Apr 201602,84436.561.99$5,663
Mar 201603,31033.011.79$5,938
Feb 201604,04126.472.06$8,339
Jan 201602,01727.352.36$4,769
Dec 201501232.362.00$24
Nov 201501,77938.792.17$3,856
Oct 201502,78943.552.43$6,768
Sep 201501,88342.992.76$5,194
Aug 20151792,75240.162.87$15,094
Jul 201502,54748.152.95$7,501
Jun 201502,95056.152.88$8,504
May 201502,82855.212.96$8,358
Apr 201502,93849.822.71$7,952
Mar 201502,30542.892.93$6,765
Feb 201502,74444.662.98$8,167
Jan 201502,42243.433.10$7,510
Dec 201403,08254.693.59$11,069
Nov 201401,98970.464.25$8,457
Oct 20141702,98878.303.90$24,967
Sep 201402,74386.164.05$11,097
Aug 201403,09189.394.04$12,473
Jul 201401,60096.564.18$6,687
Jun 2014076598.164.74$3,624
May 201401,55294.734.73$7,336
Apr 201402,37495.944.81$11,417
Mar 201403,20295.895.06$16,192
Feb 201401,17697.406.19$7,282
Jan 20141472,48190.404.86$25,348
Dec 201303,02991.824.35$13,190
Nov 201301,66788.853.74$6,232
Oct 201302,07997.423.78$7,857
Sep 201302,328104.113.72$8,655
Aug 201303,539104.253.52$12,467
Jul 201303,453102.523.72$12,837
Jun 201303,70394.403.93$14,565
May 201302,80594.834.15$11,638
Apr 20131663,78593.964.28$31,807
Mar 201303,66293.623.91$14,329
Feb 201303,34091.233.42$11,423
Jan 201303,83891.603.42$13,126
Dec 201203,85786.773.42$13,192
Nov 201203,00686.953.62$10,897
Oct 201203,35889.383.40$11,416
Sep 20121793,13994.672.92$26,107
Aug 201203,63292.662.91$10,562
Jul 201203,84585.133.02$11,615
Jun 201203,88779.822.52$9,792
May 201204,08591.612.49$10,165
Apr 201204,029101.652.00$8,045
Mar 20121704,404105.052.22$27,645
Feb 201204,390101.102.57$11,283
Jan 201204,15198.092.73$11,349
Dec 201104,48296.873.24$14,521
Nov 201104,32095.723.31$14,305
Oct 20111784,07784.983.65$30,002
Sep 201103,95683.623.99$15,768
Aug 201104,28183.404.15$17,763
Jul 201105,35094.144.52$24,167
Jun 201105,83692.904.64$27,078
May 20111766,10098.134.40$44,140
Apr 201105,859105.964.33$25,389
Mar 201107,35896.364.06$29,854
Feb 201102,21085.644.18$9,238
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$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.

May 2019 — as filed, then multipliedworked
Condensate           103 bbl  × $ 58.48 =     $6,023
Gas                    0 Mcf  × $  2.74 =         $0

────────────────────────────────────────────────────
Month total                                   $6,023

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/262232 is the state's own key, not one this site invented.