BSE - DUNCAN "A"

Name: BSE - DUNCAN "A" lease production and value, Nov 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by NEWFIELD EXPLORATION COMPANY (P-5 606617) in the DYNAMIC (WILCOX 15,150) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 187023District 03Field 269094802 tax incentive programmesCondensateGasSave Export

Value, all time

$3.4 M

Nov 2001 – Jul 2015

Value, last 12 filed months

at the published price for each month

Months reported

165

no gaps in the span

Streams

condensate, gas

The DYNAMIC (WILCOX 15,150) 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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered

2000-11-16

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2001-07-24.

The Commission's schedule remark for this field reads: “DAVIS-LOCKE #2 WELL.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2002-08-16	148207
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	12,034 bbl	$438,310
Gas	Production	589,015 Mcf	$2,963,231
Total			$3,401,541

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 29.3941, -96.1926. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.39407, -96.19260 · 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

16,800 ft

1 wells filed one

Completion to plug

12.1 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 16,800 ft.

Completions filed

Nov 2001

1 of 1 wells

Plug dates filed

Dec 2013

1 of 1 wells

Last completion to plug: a median of 12.1 years across the 1 well that filed both dates, with the middle half between 12.1 years and 12.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-48134394	1	16,800 ft	Nov 2001	Dec 2013	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 (165)

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

165 months


Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	98	0	90.40	4.86	$8,859
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	624	88.85	3.74	$2,333
Oct 2013	0	1,326	97.42	3.78	$5,011
Sep 2013	0	1,324	104.11	3.72	$4,922
Aug 2013	0	1,795	104.25	3.52	$6,323
Jul 2013	0	1,335	102.52	3.72	$4,963
Jun 2013	0	1,318	94.40	3.93	$5,184
May 2013	184	1,463	94.83	4.15	$23,519
Apr 2013	0	1,294	93.96	4.28	$5,542
Mar 2013	0	1,295	93.62	3.91	$5,067
Feb 2013	0	1,362	91.23	3.42	$4,658
Jan 2013	0	1,431	91.60	3.42	$4,894
Dec 2012	0	762	86.77	3.42	$2,606
Nov 2012	0	57	86.95	3.62	$207
Oct 2012	0	139	89.38	3.40	$473
Sep 2012	0	121	94.67	2.92	$353
Aug 2012	0	1,025	92.66	2.91	$2,981
Jul 2012	0	1,358	85.13	3.02	$4,102
Jun 2012	0	1,344	79.82	2.52	$3,386
May 2012	0	1,368	91.61	2.49	$3,404
Apr 2012	182	1,413	101.65	2.00	$21,322
Mar 2012	0	1,488	105.05	2.22	$3,306
Feb 2012	0	1,327	101.10	2.57	$3,411
Jan 2012	0	1,344	98.09	2.73	$3,675
Dec 2011	0	1,478	96.87	3.24	$4,788
Nov 2011	0	1,386	95.72	3.31	$4,589
Oct 2011	0	1,414	84.98	3.65	$5,159
Sep 2011	0	1,301	83.62	3.99	$5,186
Aug 2011	0	1,572	83.40	4.15	$6,523
Jul 2011	0	1,541	94.14	4.52	$6,961
Jun 2011	0	1,109	92.90	4.64	$5,146
May 2011	0	1,450	98.13	4.40	$6,387
Apr 2011	0	1,360	105.96	4.33	$5,893
Mar 2011	168	1,550	96.36	4.06	$22,477
Feb 2011	0	1,423	85.64	4.18	$5,948
Jan 2011	0	1,419	86.50	4.59	$6,511
Dec 2010	0	1,332	85.73	4.35	$5,791
Nov 2010	0	1,578	80.84	3.80	$5,989
Oct 2010	0	1,431	78.10	3.51	$5,021
Sep 2010	0	1,694	72.63	3.98	$6,741
Aug 2010	169	1,374	73.68	4.42	$18,524
Jul 2010	0	1,632	72.55	4.74	$7,730
Jun 2010	0	1,505	70.36	4.91	$7,390
May 2010	0	1,819	71.12	4.24	$7,704
Apr 2010	0	1,562	81.69	4.12	$6,440
Mar 2010	0	1,808	78.39	4.39	$7,935
Feb 2010	0	1,643	73.58	5.44	$8,942
Jan 2010	0	1,463	74.36	5.96	$8,725
Dec 2009	0	1,965	71.44	5.48	$10,776
Nov 2009	194	1,967	74.59	3.75	$21,850
Oct 2009	0	2,376	72.54	4.11	$9,766
Sep 2009	0	1,914	65.54	3.06	$5,866
Aug 2009	0	2,469	67.42	3.22	$7,946
Jul 2009	188	2,731	61.13	3.46	$20,954
Jun 2009	0	2,179	66.16	3.90	$8,487
May 2009	0	2,581	54.74	3.93	$10,132
Apr 2009	0	2,528	46.77	3.59	$9,069
Mar 2009	0	2,461	42.14	4.06	$9,989
Feb 2009	0	1,480	32.81	4.63	$6,857
Jan 2009	0	1,680	35.86	5.37	$9,023
Dec 2008	186	1,715	37.10	5.98	$17,151
Nov 2008	0	1,328	55.49	6.86	$9,111
Oct 2008	0	1,491	75.24	6.92	$10,321
Sep 2008	0	2,071	101.76	7.88	$16,313
Aug 2008	0	1,609	114.22	8.48	$13,649
Jul 2008	0	831	131.08	11.39	$9,465
Jun 2008	0	864	131.33	13.03	$11,260
May 2008	0	907	123.17	11.57	$10,498
Apr 2008	0	1,869	110.31	10.45	$19,540
Mar 2008	0	1,231	101.90	9.66	$11,896
Feb 2008	0	1,819	92.53	8.77	$15,954
Jan 2008	0	152	90.38	8.21	$1,247
Dec 2007	185	732	88.33	7.30	$21,686
Nov 2007	0	1,802	91.67	7.29	$13,140
Oct 2007	0	2,544	82.85	6.92	$17,610
Sep 2007	0	2,447	75.84	6.24	$15,279
Aug 2007	0	2,747	69.06	6.39	$17,548
Jul 2007	0	2,481	70.90	6.39	$15,848
Jun 2007	192	2,574	62.00	7.55	$31,334
May 2007	0	2,691	58.74	7.85	$21,114
Apr 2007	0	2,755	59.61	7.81	$21,503
Mar 2007	181	2,812	56.92	7.30	$30,836
Feb 2007	0	2,774	55.10	8.22	$22,791
Jan 2007	0	1,393	50.30	6.73	$9,371
Dec 2006	0	2,675	56.65	6.92	$18,507
Nov 2006	188	3,148	54.20	7.62	$34,169
Oct 2006	0	3,126	54.90	6.01	$18,799
Sep 2006	0	2,829	60.08	5.04	$14,250
Aug 2006	0	2,706	68.71	7.34	$19,862
Jul 2006	0	2,797	69.37	6.34	$17,741
Jun 2006	0	2,888	66.28	6.38	$18,437
May 2006	193	2,998	66.01	6.42	$32,002
Apr 2006	0	3,062	64.39	7.36	$22,538
Mar 2006	0	3,308	56.70	7.08	$23,430
Feb 2006	184	2,980	57.59	7.75	$33,695
Jan 2006	0	3,050	60.59	8.93	$27,247
Dec 2005	192	3,798	54.94	13.42	$61,500
Nov 2005	0	3,451	54.69	10.59	$36,541
Oct 2005	0	3,246	58.34	13.80	$44,781
Sep 2005	0	3,190	61.45	12.08	$38,532
Aug 2005	0	3,863	61.51	9.80	$37,845
Jul 2005	0	4,594	55.69	7.84	$36,034
Jun 2005	196	4,251	52.33	7.38	$41,633
May 2005	0	2,152	45.22	6.65	$14,313
Apr 2005	0	1,041	49.20	7.36	$7,662
Mar 2005	0	976	50.37	7.15	$6,983
Feb 2005	0	3,657	45.22	6.31	$23,083
Jan 2005	186	4,857	43.16	6.32	$38,735
Dec 2004	0	4,843	39.86	6.75	$32,695
Nov 2004	0	4,905	45.28	6.33	$31,051
Oct 2004	0	5,314	49.70	6.52	$34,621
Sep 2004	0	5,029	43.24	5.28	$26,573
Aug 2004	191	5,666	42.37	5.55	$39,543
Jul 2004	0	5,936	38.28	6.08	$36,116
Jun 2004	193	5,518	36.10	6.43	$42,465
May 2004	0	5,343	37.48	6.49	$34,701
Apr 2004	187	5,453	34.47	5.86	$38,392
Mar 2004	187	8,869	34.36	5.53	$55,472
Feb 2004	0	1,067	32.45	5.51	$5,879
Jan 2004	178	4,228	32.03	6.30	$32,336
Dec 2003	0	5,591	30.26	6.30	$35,232
Nov 2003	0	6,268	28.80	4.60	$28,802
Oct 2003	196	4,138	28.17	4.76	$25,217
Sep 2003	188	7,439	26.31	4.75	$40,277
Aug 2003	23	8,733	29.76	5.13	$45,482
Jul 2003	217	9,122	29.41	5.17	$53,550
Jun 2003	186	7,917	28.56	5.98	$52,679
May 2003	196	10,291	26.59	5.97	$66,676
Apr 2003	189	7,886	26.67	5.41	$47,682
Mar 2003	188	11,937	31.14	6.10	$78,623
Feb 2003	377	12,340	33.48	7.93	$110,427
Jan 2003	188	10,816	30.31	5.58	$66,074
Dec 2002	379	9,311	26.91	4.85	$55,392
Nov 2002	186	10,550	24.66	4.14	$48,232
Oct 2002	378	11,028	26.46	4.23	$56,641
Sep 2002	183	10,532	27.44	3.64	$43,307
Aug 2002	374	14,448	25.96	3.16	$55,425
Jul 2002	558	14,096	24.58	3.06	$56,874
Jun 2002	566	20,440	23.73	3.34	$81,665
May 2002	557	23,324	24.66	3.58	$97,329
Apr 2002	920	27,079	23.65	3.51	$116,868
Mar 2002	585	16,904	22.00	3.10	$65,318
Feb 2002	1,099	44,534	18.22	2.38	$125,822
Jan 2002	299	15,350	17.17	2.38	$41,601
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$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 2014 — as filed, then multipliedworked

Condensate            98 bbl  × $ 90.40 =     $8,859
Gas                    0 Mcf  × $  4.86 =         $0

────────────────────────────────────────────────────
Month total                                   $8,859

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/187023 is the state's own key, not one this site invented.