PHILIP DL

Operated by EVOLUTION OPERATING CO., INC. (P-5 256681) 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 151747District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
Sep 1994 – Jan 2017
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
269
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 Gas111995-01-09131132
NGPA1none

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
CondensateDisposition196,030 bbl$3,623,398
GasProduction4,984,618 Mcf$6,368,498
Total$9,991,895

3,181,277 Mcf of this lease's gas, across 26 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 30.5022, -96.1344. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.50217, -96.13441 · 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
16,938 ft
1 wells filed one
Completion to plug
22.1 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 16,938 ft.

Completions filed
Sep 1994
1 of 1 wells
Plug dates filed
Oct 2016
1 of 1 wells

Last completion to plug: a median of 22.1 years across the 1 well that filed both dates, with the middle half between 22.1 years and 22.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-185304561H16,938 ftSep 1994Oct 2016Yes

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 (269)

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

269 months

Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20162046.193.09$92
Sep 20165041.553.10$208
Aug 20165041.442.92$207
Jul 20165041.622.92$208
Jun 20165045.352.69$227
May 20165042.521.99$213
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20154442.892.93$183
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014173270.464.25$12,198
Oct 2014144,28478.303.90$17,808
Sep 201472,34186.164.05$10,074
Aug 20140189.394.04$4
Jul 20141966,13496.564.18$44,563
Jun 201485,93498.164.74$28,894
May 20141965,33194.734.73$43,764
Apr 2014113,25095.944.81$16,685
Mar 20141972,94095.895.06$33,757
Feb 20142035,16397.406.19$51,742
Jan 2014122,36690.404.86$12,585
Dec 20132053,45191.824.35$33,850
Nov 2013135,16488.853.74$20,460
Oct 20131962,78397.423.78$29,612
Sep 201384,712104.113.72$18,351
Aug 201352,457104.253.52$9,176
Jul 2013173,261102.523.72$13,866
Jun 201323294.403.93$315
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
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 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
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
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
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 20092683767.423.22$4,447
Jul 200910371461.133.46$8,770
Jun 2009071666.163.90$2,789
May 200910886854.743.93$9,319
Apr 2009082646.773.59$2,963
Mar 2009766542.144.06$2,994
Feb 2009575632.814.63$3,667
Jan 20091281435.865.37$4,802
Dec 2008679937.105.98$4,998
Nov 2008083955.496.86$5,756
Oct 20089280275.246.92$12,474
Sep 20080693101.767.88$5,459
Aug 20088711114.228.48$6,945
Jul 20080764131.0811.39$8,702
Jun 20085578131.3313.03$8,190
May 200815817123.1711.57$11,304
Apr 20080763110.3110.45$7,977
Mar 20086854101.909.66$8,865
Feb 200812074992.538.77$17,673
Jan 2008539290.388.21$3,669
Dec 20070088.337.30$0
Nov 2007023991.677.29$1,743
Oct 200723,05682.856.92$21,319
Sep 200714,52175.846.24$28,306
Aug 200722,87669.066.39$18,510
Jul 200722,00370.906.39$12,937
Jun 200732,59662.007.55$19,782
May 200743,01858.747.85$23,915
Apr 200703,21459.617.81$25,086
Mar 20071664,44656.927.30$41,913
Feb 200743,69855.108.22$30,603
Jan 200725,38150.306.73$36,298
Dec 200665,88056.656.92$41,020
Nov 200653,70654.207.62$28,501
Oct 200603,92254.906.01$23,586
Sep 2006141,74060.085.04$9,606
Aug 2006821,33668.717.34$15,440
Jul 200611,50369.376.34$9,603
Jun 20061273,46066.286.38$30,506
May 200673,83166.016.42$25,076
Apr 2006113,66164.397.36$27,655
Mar 2006786,32756.707.08$49,236
Feb 2006132,65857.597.75$21,351
Jan 200605,87060.598.93$52,439
Dec 200548,03554.9413.42$108,013
Nov 200529,08454.6910.59$96,294
Oct 20051003,98258.3413.80$60,769
Sep 200503,36461.4512.08$40,634
Aug 20051433,56861.519.80$43,751
Jul 200503,76655.697.84$29,539
Jun 200505,74552.337.38$42,404
May 200566,46045.226.65$43,238
Apr 200546,17449.207.36$45,640
Mar 20052029,16650.377.15$75,756
Feb 20054211,85745.226.31$76,740
Jan 2005411,90543.166.32$75,438
Dec 20042605,38539.866.75$46,718
Nov 20041963,88845.286.33$33,488
Oct 2004384,89549.706.52$33,780
Sep 200474,04043.245.28$21,650
Aug 200402,94542.375.55$16,347
Jul 200432,14338.286.08$13,153
Jun 200403,89836.106.43$25,076
May 20041343,94537.486.49$30,643
Apr 200403,95034.475.86$23,141
Mar 200404,15334.365.53$22,967
Feb 2004073032.455.51$4,022
Jan 20041922,22232.036.30$20,148
Dec 200306,16230.266.30$38,831
Nov 200303,49028.804.60$16,037
Oct 20032001,09928.174.76$10,865
Sep 200309,34726.314.75$44,392
Aug 20031945,83329.765.13$35,695
Jul 20030029.415.17$0
Jun 200303,62428.565.98$21,682
May 20031875,27726.595.97$36,490
Apr 20031846,16526.675.41$38,243
Mar 20031853,90531.146.10$29,566
Feb 200304,12433.487.93$32,686
Jan 20031844,70130.315.58$31,818
Dec 20023675,33126.914.85$35,751
Nov 200205,37424.664.14$22,232
Oct 20023667,10726.464.23$39,741
Sep 20021817,65927.443.64$32,809
Aug 20021806,55925.963.16$25,427
Jul 20023618,98524.583.06$36,383
Jun 20021817,47723.733.34$29,255
May 20021838,32124.663.58$34,335
Apr 20023618,67623.653.51$39,011
Mar 20021789,21622.003.10$32,511
Feb 20021907,46418.222.38$21,194
Jan 20023597,09217.172.38$23,012
Dec 20011806,55816.932.36$18,553
Nov 20011815,32418.072.41$16,078
Oct 200135711,10319.782.53$35,140
Sep 200135910,99224.262.25$33,456
Aug 200154712,65524.873.05$52,242
Jul 200136411,61723.933.20$45,851
Jun 200135810,32324.563.82$48,269
May 200154113,17925.524.31$70,572
Apr 200136212,25624.685.34$74,324
Mar 200136413,15824.545.38$79,676
Feb 200154914,76927.755.77$100,409
Jan 200135610,89727.478.40$101,301
Dec 200036513,32826.889.12$131,396
Nov 200036514,11132.215.66$91,597
Oct 200072721,78931.235.15$134,820
Sep 200005,37131.875.19$27,857
Aug 200037011,00929.644.54$60,956
Jul 200055722,37828.534.09$107,412
Jun 200054021,67429.304.40$111,128
May 200071524,86227.263.68$110,977
Apr 200054024,00824.513.12$88,044
Mar 200072025,61128.422.86$93,703
Feb 200089929,21927.622.73$104,496
Jan 20001,08231,46525.272.48$105,391
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 199917814,28020.982.80$43,771
Sep 199953528,75921.752.62$86,952
Aug 199971231,15919.262.88$103,314
Jul 199973032,74617.892.37$90,745
Jun 199988531,36915.942.36$88,204
May 199935232,91415.792.32$81,952
Apr 199935529,46815.102.21$70,427
Mar 199971330,44112.471.84$64,852
Feb 199953927,8239.981.82$55,956
Jan 199937029,76910.381.90$60,400
Dec 199853726,0699.201.77$51,169
Nov 199818018,37510.892.19$42,123
Oct 199853623,43312.421.97$52,802
Sep 199853119,43112.592.08$47,153
Aug 199888541,37911.301.91$88,925
Jul 199852725,51611.742.24$63,273
Jun 19981,06144,80411.242.24$112,164
May 199888443,35512.622.21$106,812
Apr 199873134,27513.042.51$95,402
Mar 199835322,97812.802.31$57,585
Feb 19983534,58013.952.30$15,454
Jan 199872323,37914.702.15$61,005
Dec 19973609,96516.322.41$29,902
Nov 19971,08724,87518.193.09$96,593
Oct 199789924,06319.253.15$93,100
Sep 19971,05140,49617.742.95$138,306
Aug 19971,58841,97217.862.55$135,589
Jul 19971,32745,64317.582.25$125,886
Jun 19971,37443,50917.242.26$121,896
May 19971,15531,41618.972.31$94,434
Apr 19971,54648,99117.882.08$129,680
Mar 19971,34432,97818.951.94$89,418
Feb 199792730,08020.492.21$85,348
Jan 199757413,59823.483.54$61,610
Dec 199682718,55623.32$19,286
Nov 19961,91351,10421.97$42,029
Oct 19962,10152,98823.31$48,974
Sep 19961,76338,45222.22$39,174
Aug 19962,67376,14320.26$54,155
Jul 19963,15483,23719.55$61,661
Jun 199618110,32418.73$3,390
May 19962,12348,29819.43$41,250
Apr 19963,01771,75021.51$64,896
Mar 19963,05476,75819.38$59,187
Feb 19963,25287,38116.98$55,219
Jan 19963,35888,26017.07$57,321
Dec 19954,319117,58517.19$74,244
Nov 19955,211119,38716.00$83,376
Oct 19953,21067,12515.43$49,530
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19954,533107,53115.24$69,083
Jun 19956,754165,41616.41$110,833
May 19958,071176,74217.56$141,727
Apr 19956,587139,58617.73$116,788
Mar 19959,516195,96216.44$156,443
Feb 199511,113220,24016.58$184,254
Jan 199515,265283,24615.92$243,019
Dec 199414,788276,92115.03$222,264
Nov 199417,402337,17715.90$276,692
Oct 199415,557249,70115.58$242,378
Sep 19941,06821,40715.29$16,330

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.

Oct 2016 — as filed, then multipliedworked
Condensate             2 bbl  × $ 46.19 =        $92
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                      $92

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/151747 is the state's own key, not one this site invented.