EDCO RANCH

Operated by GEOSOUTHERN ENERGY CORPORATION (P-5 301287) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 144829District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$126 k
Feb 1993 – Aug 2005
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
151
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111993-07-22129239
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition6,413 bbl$110,556
GasProduction110,390 Mcf$15,771
Total$126,327

103,785 Mcf of this lease's gas, across 46 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 30.4323, -96.3889. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.43229, -96.38888 · 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
10,591 ft
1 wells filed one
Completion to plug
12.5 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 10,591 ft.

Completions filed
Feb 1993
1 of 1 wells
Plug dates filed
Aug 2005
1 of 1 wells

Last completion to plug: a median of 12.5 years across the 1 well that filed both dates, with the middle half between 12.5 years and 12.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-05133359110,591 ftFeb 1993Aug 2005Yes

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 (151)

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

151 months

Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 200562045.226.65$2,804
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 200067031.875.19$2,135
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000129.304.40$4
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 2000109828.422.86$564
Feb 2000312727.622.73$429
Jan 200009025.272.48$223
Dec 1999010224.282.42$247
Nov 199908623.192.43$209
Oct 1999012320.982.80$345
Sep 199909221.752.62$241
Aug 1999012819.262.88$368
Jul 1999013817.892.37$327
Jun 199917117415.942.36$3,137
May 1999017115.792.32$397
Apr 1999013515.102.21$298
Mar 1999013812.471.84$254
Feb 199901579.981.82$285
Jan 1999016110.381.90$306
Dec 199801389.201.77$245
Nov 1998012610.892.19$275
Oct 1998011412.421.97$224
Sep 1998015912.592.08$331
Aug 1998018711.301.91$357
Jul 1998017611.742.24$394
Jun 1998018211.242.24$407
May 199816038312.622.21$2,864
Apr 199811815713.042.51$1,932
Mar 1998016512.802.31$381
Feb 1998019313.952.30$444
Jan 1998128614.702.15$631
Dec 1997117516.322.41$438
Nov 1997028418.193.09$877
Oct 1997046819.253.15$1,474
Sep 19970017.742.95$0
Aug 199705217.862.55$133
Jul 199708217.582.25$184
Jun 1997026817.242.26$605
May 1997012918.972.31$298
Apr 199715426917.882.08$3,314
Mar 1997020018.951.94$388
Feb 1997027320.492.21$602
Jan 1997021823.483.54$772
Dec 1996024223.32$0
Nov 1996031321.97$0
Oct 1996021323.31$0
Sep 199610914922.22$2,422
Aug 1996023320.26$0
Jul 1996024219.55$0
Jun 1996042118.73$0
May 1996033719.43$0
Apr 1996037621.51$0
Mar 1996040819.38$0
Feb 199616353916.98$2,768
Jan 1996053017.07$0
Dec 1995033517.19$0
Nov 1995058416.00$0
Oct 1995043215.43$0
Sep 1995043116.18$0
Aug 199516246615.92$2,579
Jul 1995062515.24$0
Jun 1995038816.41$0
May 1995058017.56$0
Apr 199519064117.73$3,369
Mar 1995074816.44$0
Feb 1995045516.58$0
Jan 1995158715.92$16
Dec 1994175015.03$15
Nov 199418976615.90$3,005
Oct 1994182615.58$16
Sep 199401,11415.29$0
Aug 1994096716.13$0
Jul 199417884317.56$3,126
Jun 19941831,21117.09$3,127
May 199411,23715.88$16
Apr 199412,03114.14$14
Mar 19941881,94112.46$2,342
Feb 19941861,73912.50$2,325
Jan 199411,83912.66$13
Dec 199311,61712.33$12
Nov 19933152,53214.49$4,564
Oct 19931883,34115.85$2,980
Sep 199302,88815.03$0
Aug 19931914,19715.66$2,991
Jul 19931715,21215.46$2,644
Jun 19935376,98016.79$9,016
May 19935569,70217.68$9,830
Apr 199369715,84718.05$12,581
Mar 19931,45325,93018.14$26,357
Feb 19933017.90$54

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 2005 — as filed, then multipliedworked
Condensate            62 bbl  × $ 45.22 =     $2,804
Gas                    0 Mcf  × $  6.65 =         $0

────────────────────────────────────────────────────
Month total                                   $2,804

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. 03/G/144829 is the state's own key, not one this site invented.