NICHOLS

Operated by KEN PETROLEUM CORPORATION (P-5 455775) in the DABOVAL (7200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 176004District 03Field 22688936CondensateGasSaveExport
Value, all time
$260 k
Jan 2000 – Sep 2003
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
45
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1974-03-01
as the register files it
Field class
Oil and 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: FIELD ADMINISTRATIVELY BALANCED EFF 5-1-00 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.

StreamBasisVolumeValue
CondensateDisposition267 bbl$7,724
GasProduction51,483 Mcf$251,947
Total$259,671

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 29.0830, -96.2938. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.08301, -96.29384 · 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
7,250 ft
1 wells filed one
Completion to plug
21.2 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 7,250 ft.

Completions filed
Mar 1982
1 of 1 wells
Plug dates filed
May 2003
1 of 1 wells

Last completion to plug: a median of 21.2 years across the 1 well that filed both dates, with the middle half between 21.2 years and 21.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4813227517,250 ftMar 1982May 2003Yes

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 (45)

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

45 months

Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 2003182029.415.17$5,353
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 200104219.782.53$106
Sep 2001014724.262.25$331
Aug 2001021824.873.05$666
Jul 2001019323.933.20$617
Jun 200101,02424.563.82$3,916
May 200101,50025.524.31$6,461
Apr 200102,23924.685.34$11,946
Mar 200103,25024.545.38$17,473
Feb 200102,36927.755.77$13,662
Jan 200102,86427.478.40$24,054
Dec 200004,88526.889.12$44,563
Nov 200003,43532.215.66$19,435
Oct 200003,43631.235.15$17,680
Sep 200002,63531.875.19$13,666
Aug 2000201,86129.644.54$9,043
Jul 2000142,47828.534.09$10,534
Jun 200052,05129.304.40$9,165
May 200022,56227.263.68$9,482
Apr 2000153,45924.513.12$11,146
Mar 2000184,17628.422.86$12,454
Feb 200094,47427.622.73$12,447
Jan 200022,18525.272.48$5,470

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.

Jul 2003 — as filed, then multipliedworked
Condensate           182 bbl  × $ 29.41 =     $5,353
Gas                    0 Mcf  × $  5.17 =         $0

────────────────────────────────────────────────────
Month total                                   $5,353

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/176004 is the state's own key, not one this site invented.