RENN GAS UNIT

Name: RENN GAS UNIT lease production and value, May 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BRIGHAM OIL & GAS, L.P. (P-5 92800) in the DANBURY, SW. (FRIO LOWER 12550) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 173350District 03Field 22961800CondensateGasSave Export

Value, all time

$8.6 M

May 1999 – Sep 2007

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

101

no gaps in the span

Streams

condensate, gas

The DANBURY, SW. (FRIO LOWER 12550) 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

1977-10-19

as the register files it

Field class

Gas

the register's own label

Between wells

2,400 ft

minimum

From a lease line

1,200 ft

minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: “FIELD ADMINISTRATIVELY BALANCED EFF 6-1-02 PER OPERATOR REQUEST”

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	7,096 bbl	$183,353
Gas	Production	2,215,742 Mcf	$8,465,660
Total			$8,649,012

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 29.2120, -95.3766. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.21198, -95.37664 · 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

13,171 ft

1 wells filed one

Completion to plug

4.5 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 13,171 ft.

Completions filed

Nov 2006

1 of 1 wells

Plug dates filed

May 2011

1 of 1 wells

Last completion to plug: a median of 4.5 years across the 1 well that filed both dates, with the middle half between 4.5 years and 4.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-03932665	1-L	13,171 ft	Nov 2006	May 2011	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 (101)

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

101 months


Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	148	0	56.92	7.30	$8,424
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	620	66.01	6.42	$3,984
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	343	56.70	7.08	$2,429
Feb 2006	0	1,379	57.59	7.75	$10,689
Jan 2006	0	10,343	60.59	8.93	$92,397
Dec 2005	149	26,935	54.94	13.42	$369,530
Nov 2005	0	26,378	54.69	10.59	$279,301
Oct 2005	0	2,384	58.34	13.80	$32,889
Sep 2005	177	8,869	61.45	12.08	$118,005
Aug 2005	0	9,428	61.51	9.80	$92,365
Jul 2005	0	8,692	55.69	7.84	$68,177
Jun 2005	0	5,028	52.33	7.38	$37,112
May 2005	0	14,251	45.22	6.65	$94,786
Apr 2005	0	2,162	49.20	7.36	$15,913
Mar 2005	0	15,444	50.37	7.15	$110,500
Feb 2005	0	4,678	45.22	6.31	$29,527
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	10	39.86	6.75	$68
Nov 2004	0	60	45.28	6.33	$380
Oct 2004	0	71	49.70	6.52	$463
Sep 2004	0	28	43.24	5.28	$148
Aug 2004	0	37	42.37	5.55	$205
Jul 2004	0	78	38.28	6.08	$475
Jun 2004	0	321	36.10	6.43	$2,065
May 2004	0	400	37.48	6.49	$2,598
Apr 2004	0	314	34.47	5.86	$1,840
Mar 2004	0	84	34.36	5.53	$465
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	23	32.03	6.30	$145
Dec 2003	0	6	30.26	6.30	$38
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	102	28.56	5.98	$610
May 2003	0	1,395	26.59	5.97	$8,332
Apr 2003	0	11,854	26.67	5.41	$64,098
Mar 2003	0	8,813	31.14	6.10	$53,724
Feb 2003	0	8,571	33.48	7.93	$67,933
Jan 2003	5	7,654	30.31	5.58	$42,876
Dec 2002	0	8,826	26.91	4.85	$42,839
Nov 2002	3	7,873	24.66	4.14	$32,644
Oct 2002	17	2,322	26.46	4.23	$10,270
Sep 2002	2	10,983	27.44	3.64	$39,980
Aug 2002	10	7,890	25.96	3.16	$25,225
Jul 2002	9	6,801	24.58	3.06	$21,044
Jun 2002	0	9,686	23.73	3.34	$32,334
May 2002	0	8,503	24.66	3.58	$30,475
Apr 2002	9	3,954	23.65	3.51	$14,101
Mar 2002	0	3,877	22.00	3.10	$12,029
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	191	6,706	19.78	2.53	$20,737
Sep 2001	7	24,745	24.26	2.25	$55,879
Aug 2001	11	28,244	24.87	3.05	$86,507
Jul 2001	177	26,436	23.93	3.20	$88,754
Jun 2001	8	26,292	24.56	3.82	$100,741
May 2001	19	24,331	25.52	4.31	$105,286
Apr 2001	15	30,777	24.68	5.34	$164,575
Mar 2001	372	33,556	24.54	5.38	$189,541
Feb 2001	181	32,032	27.75	5.77	$189,754
Jan 2001	0	34,964	27.47	8.40	$293,654
Dec 2000	0	38,523	26.88	9.12	$351,426
Nov 2000	168	38,786	32.21	5.66	$224,862
Oct 2000	0	37,615	31.23	5.15	$193,548
Sep 2000	0	29,682	31.87	5.19	$153,946
Aug 2000	178	48,181	29.64	4.54	$224,054
Jul 2000	181	46,488	28.53	4.09	$195,288
Jun 2000	180	55,138	29.30	4.40	$247,730
May 2000	345	86,304	27.26	3.68	$326,982
Apr 2000	150	90,476	24.51	3.12	$285,600
Mar 2000	547	98,096	28.42	2.86	$296,076
Feb 2000	357	101,266	27.62	2.73	$285,962
Jan 2000	561	112,817	25.27	2.48	$294,019
Dec 1999	472	118,776	24.28	2.42	$299,340
Nov 1999	154	112,370	23.19	2.43	$277,079
Oct 1999	345	124,222	20.98	2.80	$355,521
Sep 1999	317	139,025	21.75	2.62	$370,980
Aug 1999	270	143,333	19.26	2.88	$417,369
Jul 1999	479	88,274	17.89	2.37	$217,988
Jun 1999	882	132,345	15.94	2.36	$326,671
May 1999	0	58,472	15.79	2.32	$135,715

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 2007 — as filed, then multipliedworked

Condensate           148 bbl  × $ 56.92 =     $8,424
Gas                    0 Mcf  × $  7.30 =         $0

────────────────────────────────────────────────────
Month total                                   $8,424

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/173350 is the state's own key, not one this site invented.