PHELAN

Name: PHELAN lease production and value, Sep 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by NEWFIELD EXPLORATION COMPANY (P-5 606617) in the BINDWEED (LOWER HACKBERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 180013District 03Field 08265240CondensateGasSave Export

Value, all time

$18.1 M

Sep 2000 – Oct 2006

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The BINDWEED (LOWER HACKBERRY) 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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered

2000-09-10

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: “AOF-1 AND AOF-2 EFFECTIVE 12/01/2002.”

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	85,150 bbl	$2,410,051
Gas	Production	2,984,945 Mcf	$15,683,382
Total			$18,093,433

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 30.0107, -94.1858. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.01072, -94.18576 · 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

9,034 ft

1 wells filed one

Completion to plug

—

no well filed both dates

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 9,034 ft.

Plug dates filed

Jun 2006

1 of 1 wells

1 well


42-24532251	1	9,034 ft	—	Jun 2006	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 (74)

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

74 months


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	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	101	0	60.59	8.93	$6,120
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	5	25	58.34	13.80	$637
Sep 2005	189	9,811	61.45	12.08	$130,121
Aug 2005	20	10,993	61.51	9.80	$108,927
Jul 2005	189	14,199	55.69	7.84	$121,897
Jun 2005	206	14,597	52.33	7.38	$118,521
May 2005	201	17,245	45.22	6.65	$123,788
Apr 2005	397	18,568	49.20	7.36	$156,202
Mar 2005	397	23,281	50.37	7.15	$186,570
Feb 2005	202	23,441	45.22	6.31	$157,092
Jan 2005	587	33,675	43.16	6.32	$238,235
Dec 2004	396	37,789	39.86	6.75	$270,901
Nov 2004	591	36,964	45.28	6.33	$260,758
Oct 2004	574	38,453	49.70	6.52	$279,053
Sep 2004	392	35,808	43.24	5.28	$206,156
Aug 2004	585	38,262	42.37	5.55	$237,166
Jul 2004	589	36,210	38.28	6.08	$242,855
Jun 2004	393	31,422	36.10	6.43	$216,326
May 2004	590	37,357	37.48	6.49	$264,731
Apr 2004	391	33,826	34.47	5.86	$211,646
Mar 2004	0	13,705	34.36	5.53	$75,791
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	13	32.03	6.30	$82
Dec 2003	196	9,224	30.26	6.30	$64,057
Nov 2003	7	17,099	28.80	4.60	$78,774
Oct 2003	399	21,425	28.17	4.76	$113,215
Sep 2003	190	22,839	26.31	4.75	$113,470
Aug 2003	382	28,786	29.76	5.13	$159,032
Jul 2003	685	34,562	29.41	5.17	$198,860
Jun 2003	0	25,027	28.56	5.98	$149,736
May 2003	356	11,408	26.59	5.97	$77,602
Apr 2003	361	30,010	26.67	5.41	$171,900
Mar 2003	388	28,484	31.14	6.10	$185,722
Feb 2003	550	16,714	33.48	7.93	$150,887
Jan 2003	363	22,963	30.31	5.58	$139,183
Dec 2002	358	27,481	26.91	4.85	$143,020
Nov 2002	0	27,048	24.66	4.14	$111,896
Oct 2002	871	21,652	26.46	4.23	$114,616
Sep 2002	192	30,053	27.44	3.64	$114,517
Aug 2002	706	27,905	25.96	3.16	$106,624
Jul 2002	969	37,844	24.58	3.06	$139,687
Jun 2002	187	33,852	23.73	3.34	$117,444
May 2002	688	35,332	24.66	3.58	$143,596
Apr 2002	547	33,598	23.65	3.51	$130,943
Mar 2002	744	28,385	22.00	3.10	$104,439
Feb 2002	364	18,049	18.22	2.38	$49,511
Jan 2002	518	25,498	17.17	2.38	$69,469
Dec 2001	0	7,728	16.93	2.36	$18,272
Nov 2001	786	46,391	18.07	2.41	$125,798
Oct 2001	2,163	93,994	19.78	2.53	$280,484
Sep 2001	1,914	95,162	24.26	2.25	$260,674
Aug 2001	2,844	123,642	24.87	3.05	$448,229
Jul 2001	3,307	127,433	23.93	3.20	$486,550
Jun 2001	2,988	120,794	24.56	3.82	$535,321
May 2001	3,922	129,019	25.52	4.31	$655,816
Apr 2001	5,548	150,715	24.68	5.34	$941,037
Mar 2001	5,506	165,326	24.54	5.38	$1,023,983
Feb 2001	6,290	161,593	27.75	5.77	$1,106,467
Jan 2001	8,611	192,994	27.47	8.40	$1,857,454
Dec 2000	8,322	166,831	26.88	9.12	$1,745,611
Nov 2000	9,471	167,402	32.21	5.66	$1,252,221
Oct 2000	6,462	115,039	31.23	5.15	$793,741
Sep 2000	0	0	31.87	5.19	$0

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.

Jan 2006 — as filed, then multipliedworked

Condensate           101 bbl  × $ 60.59 =     $6,120
Gas                    0 Mcf  × $  8.93 =         $0

────────────────────────────────────────────────────
Month total                                   $6,120

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/180013 is the state's own key, not one this site invented.