STATE TRACT 65

Name: STATE TRACT 65 lease production and value, Jul 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by VINTAGE PETROLEUM, INC. (P-5 886200) in the UMBRELLA POINT (F-28) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 176364District 03Field 92388948CondensateGasSave

Value, all time

$91.8 M

Jul 1999 – Mar 2007

Value, last 12 filed months

$6.2 M

at the published price for each month

Months reported

37 months not filed

Streams

condensate, gas

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	169,081 bbl	$4,312,175
Gas	Production	21,753,358 Mcf	$87,525,603
Total			$91,837,778

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 29.6293, -94.7888. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.62934, -94.78882 · 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

11,800 ft

1 wells filed one

Completion to plug

4.2 years

median over 1 wells

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 11,800 ft.

Completions filed

Jul 1999

1 of 1 wells

Plug dates filed

Sep 2003

1 of 1 wells

Last completion to plug: a median of 4.2 years across the 1 well that filed both dates, with the middle half between 4.2 years and 4.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-07132147	2	11,800 ft	Jul 1999	Sep 2003	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 (56)

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

56 months


Mar 2007	22	0	56.92	7.30	$1,252
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
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	30	0	26.31	4.75	$789
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	142	0	29.41	5.17	$4,176
Jun 2003	895	133,179	28.56	5.98	$822,366
May 2003	1,762	296,345	26.59	5.97	$1,816,825
Apr 2003	1,586	293,196	26.67	5.41	$1,627,691
Mar 2003	2,050	311,785	31.14	6.10	$1,964,491
Feb 2003	1,288	279,245	33.48	7.93	$2,256,385
Jan 2003	1,862	310,235	30.31	5.58	$1,788,181
Dec 2002	1,753	317,263	26.91	4.85	$1,587,092
Nov 2002	1,423	318,476	24.66	4.14	$1,352,614
Oct 2002	1,918	336,256	26.46	4.23	$1,472,817
Sep 2002	1,933	334,637	27.44	3.64	$1,269,514
Aug 2002	1,676	355,682	25.96	3.16	$1,168,944
Jul 2002	2,524	401,120	24.58	3.06	$1,290,173
Jun 2002	2,427	408,735	23.73	3.34	$1,422,048
May 2002	2,858	456,057	24.66	3.58	$1,704,987
Apr 2002	2,524	398,061	23.65	3.51	$1,457,810
Mar 2002	2,843	477,884	22.00	3.10	$1,545,286
Feb 2002	2,580	438,786	18.22	2.38	$1,089,423
Jan 2002	2,901	457,418	17.17	2.38	$1,136,489
Dec 2001	3,651	552,409	16.93	2.36	$1,367,927
Nov 2001	2,755	453,604	18.07	2.41	$1,140,936
Oct 2001	3,196	551,836	19.78	2.53	$1,458,744
Sep 2001	2,667	515,881	24.26	2.25	$1,226,115
Aug 2001	3,270	541,657	24.87	3.05	$1,735,090
Jul 2001	3,708	552,248	23.93	3.20	$1,854,313
Jun 2001	3,438	525,060	24.56	3.82	$2,092,351
May 2001	3,990	539,736	25.52	4.31	$2,426,640
Apr 2001	4,238	531,036	24.68	5.34	$2,937,841
Mar 2001	4,785	568,660	24.54	5.38	$3,174,790
Feb 2001	4,141	486,420	27.75	5.77	$2,920,136
Jan 2001	4,934	553,402	27.47	8.40	$4,783,428
Dec 2000	4,964	566,061	26.88	9.12	$5,297,324
Nov 2000	4,465	555,625	32.21	5.66	$3,287,544
Oct 2000	4,860	559,866	31.23	5.15	$3,032,568
Sep 2000	5,090	537,616	31.87	5.19	$2,950,564
Aug 2000	4,921	561,082	29.64	4.54	$2,693,592
Jul 2000	5,371	569,534	28.53	4.09	$2,482,486
Jun 2000	5,321	533,210	29.30	4.40	$2,500,563
May 2000	5,419	497,974	27.26	3.68	$1,980,142
Apr 2000	5,552	536,388	24.51	3.12	$1,807,465
Mar 2000	5,295	484,471	28.42	2.86	$1,535,950
Feb 2000	5,571	518,926	27.62	2.73	$1,568,723
Jan 2000	5,203	496,087	25.27	2.48	$1,362,024
Dec 1999	5,502	564,810	24.28	2.42	$1,502,530
Nov 1999	5,445	546,022	23.19	2.43	$1,455,282
Oct 1999	5,009	506,894	20.98	2.80	$1,526,273
Sep 1999	4,678	512,078	21.75	2.62	$1,442,802
Aug 1999	3,755	427,580	19.26	2.88	$1,301,870
Jul 1999	890	82,825	17.89	2.37	$212,414

Not filed, and not zero: Nov 2003 – Nov 2006 (37 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 2007 — as filed, then multipliedworked

Condensate            22 bbl  × $ 56.92 =     $1,252
Gas                    0 Mcf  × $  7.30 =         $0

────────────────────────────────────────────────────
Month total                                   $1,252

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/176364 is the state's own key, not one this site invented.