CINCO LTD.

Name: CINCO LTD. lease production and value, Aug 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by QUICKSILVER RESOURCES INC. (P-5 684830) in the CINCO RANCH (WATSON RANCH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 151001District 03Field 18217475CondensateGasSave Export

Value, all time

$10.1 M

Aug 1994 – Jul 2012

Value, last 12 filed months

at the published price for each month

Months reported

161

55 months not filed

Streams

condensate, gas

The CINCO RANCH (WATSON RANCH) field

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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered

1994-08-04

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: “PER DOCKET 03-0235023 ON 7/8/03, ALLOCATION FORMULA SUSPENDED.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	46,709 bbl	$898,837
Gas	Production	3,919,011 Mcf	$9,173,280
Total			$10,072,117

1,050,513 Mcf of this lease's gas, across 25 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 29.7217, -95.7948. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.72173, -95.79481 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

8,012 ft

1 wells filed one

Completion to plug

10.8 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 8,012 ft.

Completions filed

Aug 1994

1 of 1 wells

Plug dates filed

May 2005

1 of 1 wells

Last completion to plug: a median of 10.8 years across the 1 well that filed both dates, with the middle half between 10.8 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-15731926	1	8,012 ft	Aug 1994	May 2005	Yes

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 (161)

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

161 months


Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	215	0	50.37	7.15	$10,830
Feb 2005	0	1,932	45.22	6.31	$12,195
Jan 2005	0	2,015	43.16	6.32	$12,739
Dec 2004	0	2,498	39.86	6.75	$16,864
Nov 2004	0	2,485	45.28	6.33	$15,731
Oct 2004	0	3,278	49.70	6.52	$21,357
Sep 2004	0	4,039	43.24	5.28	$21,342
Aug 2004	0	4,690	42.37	5.55	$26,033
Jul 2004	0	4,842	38.28	6.08	$29,460
Jun 2004	0	5,578	36.10	6.43	$35,883
May 2004	0	6,313	37.48	6.49	$41,000
Apr 2004	0	5,634	34.47	5.86	$33,007
Mar 2004	0	5,025	34.36	5.53	$27,789
Feb 2004	0	4,523	32.45	5.51	$24,920
Jan 2004	0	4,050	32.03	6.30	$25,514
Dec 2003	0	2,392	30.26	6.30	$15,074
Nov 2003	0	1,404	28.80	4.60	$6,452
Oct 2003	0	1,372	28.17	4.76	$6,530
Sep 2003	0	2,367	26.31	4.75	$11,242
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	3,822	29.41	5.17	$19,763
Jun 2003	0	5,158	28.56	5.98	$30,860
May 2003	0	11,377	26.59	5.97	$67,951
Apr 2003	2	11,601	26.67	5.41	$62,783
Mar 2003	0	10,063	31.14	6.10	$61,344
Feb 2003	0	14,704	33.48	7.93	$116,542
Jan 2003	0	19,611	30.31	5.58	$109,469
Dec 2002	0	13,677	26.91	4.85	$66,385
Nov 2002	0	8,672	24.66	4.14	$35,876
Oct 2002	0	1,654	26.46	4.23	$6,995
Sep 2002	194	20,215	27.44	3.64	$78,809
Aug 2002	388	44,209	25.96	3.16	$149,957
Jul 2002	362	54,901	24.58	3.06	$176,992
Jun 2002	562	65,215	23.73	3.34	$231,040
May 2002	570	68,326	24.66	3.58	$258,937
Apr 2002	379	19,924	23.65	3.51	$78,943
Mar 2002	396	39,939	22.00	3.10	$132,632
Feb 2002	194	59,077	18.22	2.38	$143,883
Jan 2002	754	62,905	17.17	2.38	$162,388
Dec 2001	566	42,128	16.93	2.36	$109,190
Nov 2001	187	38,432	18.07	2.41	$95,828
Oct 2001	375	43,085	19.78	2.53	$116,374
Sep 2001	363	38,851	24.26	2.25	$96,272
Aug 2001	362	43,730	24.87	3.05	$142,518
Jul 2001	363	31,690	23.93	3.20	$110,002
Jun 2001	325	44,857	24.56	3.82	$179,522
May 2001	375	37,402	25.52	4.31	$170,672
Apr 2001	357	44,971	24.68	5.34	$248,745
Mar 2001	373	47,489	24.54	5.38	$264,475
Feb 2001	538	34,738	27.75	5.77	$215,266
Jan 2001	511	29,800	27.47	8.40	$264,320
Dec 2000	338	28,086	26.88	9.12	$265,300
Nov 2000	371	29,485	32.21	5.66	$178,776
Oct 2000	382	30,525	31.23	5.15	$168,996
Sep 2000	171	28,750	31.87	5.19	$154,562
Aug 2000	565	30,310	29.64	4.54	$154,377
Jul 2000	188	25,534	28.53	4.09	$109,791
Jun 2000	334	34,283	29.30	4.40	$160,537
May 2000	547	30,483	27.26	3.68	$127,081
Apr 2000	575	34,226	24.51	3.12	$120,741
Mar 2000	351	45,176	28.42	2.86	$139,167
Feb 2000	364	45,339	27.62	2.73	$133,670
Jan 2000	354	15,873	25.27	2.48	$48,319
Dec 1999	352	25,581	24.28	2.42	$70,548
Nov 1999	181	32,907	23.19	2.43	$84,293
Oct 1999	361	28,756	20.98	2.80	$88,197
Sep 1999	184	24,551	21.75	2.62	$68,297
Aug 1999	357	30,813	19.26	2.88	$95,482
Jul 1999	180	28,322	17.89	2.37	$70,410
Jun 1999	364	29,823	15.94	2.36	$76,247
May 1999	372	35,399	15.79	2.32	$88,036
Apr 1999	366	38,062	15.10	2.21	$89,569
Mar 1999	385	38,727	12.47	1.84	$75,994
Feb 1999	373	34,971	9.98	1.82	$67,292
Jan 1999	388	34,310	10.38	1.90	$69,215
Dec 1998	579	37,502	9.20	1.77	$71,830
Nov 1998	381	37,094	10.89	2.19	$85,226
Oct 1998	570	39,054	12.42	1.97	$83,985
Sep 1998	577	38,514	12.59	2.08	$87,474
Aug 1998	374	40,052	11.30	1.91	$80,619
Jul 1998	511	41,117	11.74	2.24	$97,989
Jun 1998	570	40,349	11.24	2.24	$96,678
May 1998	566	42,902	12.62	2.21	$101,799
Apr 1998	556	41,881	13.04	2.51	$112,176
Mar 1998	578	37,194	12.80	2.31	$93,296
Feb 1998	553	43,192	13.95	2.30	$107,018
Jan 1998	758	51,304	14.70	2.15	$121,692
Dec 1997	1,134	55,796	16.32	2.41	$153,037
Nov 1997	742	56,057	18.19	3.09	$186,616
Oct 1997	927	57,481	19.25	3.15	$198,900
Sep 1997	756	52,671	17.74	2.95	$169,048
Aug 1997	933	53,232	17.86	2.55	$152,657
Jul 1997	188	37,592	17.58	2.25	$87,772
Jun 1997	384	37,090	17.24	2.26	$90,340
May 1997	388	39,443	18.97	2.31	$98,415
Apr 1997	560	37,242	17.88	2.08	$87,580
Mar 1997	386	39,909	18.95	1.94	$84,704
Feb 1997	396	36,008	20.49	2.21	$87,544
Jan 1997	741	38,870	23.48	3.54	$154,987
Dec 1996	384	35,990	23.32	—	$8,955
Nov 1996	545	38,498	21.97	—	$11,974
Oct 1996	192	39,486	23.31	—	$4,476
Sep 1996	575	39,776	22.22	—	$12,777
Aug 1996	563	41,671	20.26	—	$11,406
Jul 1996	539	42,970	19.55	—	$10,537
Jun 1996	564	42,507	18.73	—	$10,564
May 1996	568	45,090	19.43	—	$11,036
Apr 1996	569	44,521	21.51	—	$12,239
Mar 1996	887	40,227	19.38	—	$17,190
Feb 1996	763	41,678	16.98	—	$12,956
Jan 1996	587	41,389	17.07	—	$10,020
Dec 1995	585	44,248	17.19	—	$10,056
Nov 1995	773	43,266	16.00	—	$12,368
Oct 1995	562	47,142	15.43	—	$8,672
Sep 1995	932	41,314	16.18	—	$15,080
Aug 1995	568	48,380	15.92	—	$9,043
Jul 1995	573	47,529	15.24	—	$8,733
Jun 1995	768	41,247	16.41	—	$12,603
May 1995	548	36,562	17.56	—	$9,623
Apr 1995	773	47,022	17.73	—	$13,705
Mar 1995	924	49,723	16.44	—	$15,191
Feb 1995	768	37,091	16.58	—	$12,733
Jan 1995	590	42,512	15.92	—	$9,393
Dec 1994	387	30,674	15.03	—	$5,817
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	0	16.13	—	$0

Not filed, and not zero: Aug 2005 – Feb 2010 (55 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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.

Mar 2005 — as filed, then multipliedworked

Condensate           215 bbl  × $ 50.37 =    $10,830
Gas                    0 Mcf  × $  7.15 =         $0

────────────────────────────────────────────────────
Month total                                  $10,830

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/151001 is the state's own key, not one this site invented.