VACEK

Name: VACEK lease production and value, Apr 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KAISER-FRANCIS OIL COMPANY (P-5 450175) in the JONES CREEK, NORTH (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 195232District 03Field 471304752 tax incentive programmesCondensateGasSave Export

Value, all time

$6.4 M

Apr 2003 – Apr 2017

Value, last 12 filed months

$7 k

at the published price for each month

Months reported

169

no gaps in the span

Streams

condensate, gas

The JONES CREEK, NORTH (WILCOX) 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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered

1998-06-26

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 1998-12-03.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 04/01/99.”

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	2004-04-29	156361
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	30,110 bbl	$1,373,633
Gas	Production	849,752 Mcf	$4,990,801
Total			$6,364,434

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 29.3220, -96.2641. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.32198, -96.26407 · 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

12,775 ft

1 wells filed one

Completion to plug

6.3 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 12,775 ft.

Completions filed

Dec 2010

1 of 1 wells

Plug dates filed

Apr 2017

1 of 1 wells

Last completion to plug: a median of 6.3 years across the 1 well that filed both dates, with the middle half between 6.3 years and 6.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-48134513	1	12,775 ft	Dec 2010	Apr 2017	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 (169)

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

169 months


Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	140	0	50.45	2.95	$7,063
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	83	36.56	1.99	$165
Mar 2016	0	76	33.01	1.79	$136
Feb 2016	0	13	26.47	2.06	$27
Jan 2016	0	6	27.35	2.36	$14
Dec 2015	0	68	32.36	2.00	$136
Nov 2015	0	197	38.79	2.17	$427
Oct 2015	0	16	43.55	2.43	$39
Sep 2015	0	54	42.99	2.76	$149
Aug 2015	0	133	40.16	2.87	$382
Jul 2015	0	50	48.15	2.95	$147
Jun 2015	0	91	56.15	2.88	$262
May 2015	0	328	55.21	2.96	$969
Apr 2015	0	63	49.82	2.71	$171
Mar 2015	0	152	42.89	2.93	$446
Feb 2015	0	43	44.66	2.98	$128
Jan 2015	0	80	43.43	3.10	$248
Dec 2014	0	186	54.69	3.59	$668
Nov 2014	0	76	70.46	4.25	$323
Oct 2014	0	62	78.30	3.90	$242
Sep 2014	0	99	86.16	4.05	$401
Aug 2014	0	216	89.39	4.04	$872
Jul 2014	0	72	96.56	4.18	$301
Jun 2014	0	62	98.16	4.74	$294
May 2014	0	163	94.73	4.73	$770
Apr 2014	0	103	95.94	4.81	$495
Mar 2014	0	98	95.89	5.06	$496
Feb 2014	0	106	97.40	6.19	$656
Jan 2014	0	104	90.40	4.86	$506
Dec 2013	0	100	91.82	4.35	$435
Nov 2013	0	75	88.85	3.74	$280
Oct 2013	0	570	97.42	3.78	$2,154
Sep 2013	0	1,066	104.11	3.72	$3,963
Aug 2013	184	1,228	104.25	3.52	$23,508
Jul 2013	0	1,314	102.52	3.72	$4,885
Jun 2013	0	1,156	94.40	3.93	$4,547
May 2013	0	1,347	94.83	4.15	$5,589
Apr 2013	0	1,365	93.96	4.28	$5,846
Mar 2013	184	1,324	93.62	3.91	$22,407
Feb 2013	0	1,396	91.23	3.42	$4,774
Jan 2013	0	588	91.60	3.42	$2,011
Dec 2012	0	1,443	86.77	3.42	$4,935
Nov 2012	0	1,654	86.95	3.62	$5,996
Oct 2012	182	1,560	89.38	3.40	$21,571
Sep 2012	0	1,675	94.67	2.92	$4,888
Aug 2012	0	1,272	92.66	2.91	$3,699
Jul 2012	0	1,301	85.13	3.02	$3,930
Jun 2012	0	3,274	79.82	2.52	$8,247
May 2012	179	3,961	91.61	2.49	$26,254
Apr 2012	6	2,947	101.65	2.00	$6,494
Mar 2012	0	2,316	105.05	2.22	$5,146
Feb 2012	8	2,270	101.10	2.57	$6,643
Jan 2012	7	2,532	98.09	2.73	$7,609
Dec 2011	0	3,171	96.87	3.24	$10,273
Nov 2011	186	3,355	95.72	3.31	$28,913
Oct 2011	7	4,321	84.98	3.65	$16,360
Sep 2011	189	4,662	83.62	3.99	$34,386
Aug 2011	179	5,556	83.40	4.15	$37,982
Jul 2011	181	6,608	94.14	4.52	$46,889
Jun 2011	494	7,284	92.90	4.64	$79,689
May 2011	221	8,460	98.13	4.40	$58,952
Apr 2011	178	2,117	105.96	4.33	$28,034
Mar 2011	359	3,366	96.36	4.06	$48,250
Feb 2011	181	3,168	85.64	4.18	$28,743
Jan 2011	357	5,435	86.50	4.59	$55,821
Dec 2010	357	6,246	85.73	4.35	$57,762
Nov 2010	0	53	80.84	3.80	$201
Oct 2010	0	429	78.10	3.51	$1,505
Sep 2010	0	335	72.63	3.98	$1,333
Aug 2010	0	54	73.68	4.42	$239
Jul 2010	0	833	72.55	4.74	$3,946
Jun 2010	0	421	70.36	4.91	$2,067
May 2010	0	347	71.12	4.24	$1,470
Apr 2010	0	510	81.69	4.12	$2,103
Mar 2010	155	293	78.39	4.39	$13,436
Feb 2010	0	575	73.58	5.44	$3,129
Jan 2010	0	502	74.36	5.96	$2,994
Dec 2009	179	750	71.44	5.48	$16,901
Nov 2009	0	1,622	74.59	3.75	$6,085
Oct 2009	0	1,356	72.54	4.11	$5,574
Sep 2009	12	2,462	65.54	3.06	$8,332
Aug 2009	182	1,753	67.42	3.22	$17,912
Jul 2009	0	579	61.13	3.46	$2,006
Jun 2009	0	3,684	66.16	3.90	$14,349
May 2009	0	820	54.74	3.93	$3,219
Apr 2009	0	1,116	46.77	3.59	$4,004
Mar 2009	183	1,290	42.14	4.06	$12,948
Feb 2009	0	852	32.81	4.63	$3,947
Jan 2009	0	1,078	35.86	5.37	$5,790
Dec 2008	190	1,611	37.10	5.98	$16,678
Nov 2008	0	2,437	55.49	6.86	$16,719
Oct 2008	4	3,390	75.24	6.92	$23,766
Sep 2008	0	1,238	101.76	7.88	$9,752
Aug 2008	3	1,997	114.22	8.48	$17,283
Jul 2008	187	2,835	131.08	11.39	$56,801
Jun 2008	163	2,265	131.33	13.03	$50,926
May 2008	0	2,822	123.17	11.57	$32,663
Apr 2008	0	2,611	110.31	10.45	$27,298
Mar 2008	191	3,120	101.90	9.66	$49,615
Feb 2008	5	1,899	92.53	8.77	$17,118
Jan 2008	3	2,462	90.38	8.21	$20,474
Dec 2007	188	2,678	88.33	7.30	$36,161
Nov 2007	0	1,347	91.67	7.29	$9,822
Oct 2007	0	2,493	82.85	6.92	$17,257
Sep 2007	183	2,287	75.84	6.24	$28,159
Aug 2007	0	2,284	69.06	6.39	$14,590
Jul 2007	11	2,682	70.90	6.39	$17,912
Jun 2007	3	1,887	62.00	7.55	$14,430
May 2007	178	1,740	58.74	7.85	$24,108
Apr 2007	8	2,004	59.61	7.81	$16,119
Mar 2007	193	1,506	56.92	7.30	$21,982
Feb 2007	11	1,398	55.10	8.22	$12,092
Jan 2007	198	1,502	50.30	6.73	$20,063
Dec 2006	8	2,244	56.65	6.92	$15,978
Nov 2006	0	1,095	54.20	7.62	$8,341
Oct 2006	184	3,466	54.90	6.01	$30,945
Sep 2006	0	4,464	60.08	5.04	$22,486
Aug 2006	182	3,573	68.71	7.34	$38,731
Jul 2006	0	3,071	69.37	6.34	$19,479
Jun 2006	178	2,048	66.28	6.38	$24,872
May 2006	0	3,420	66.01	6.42	$21,974
Apr 2006	196	3,533	64.39	7.36	$38,625
Mar 2006	186	3,948	56.70	7.08	$38,510
Feb 2006	194	3,603	57.59	7.75	$39,100
Jan 2006	4	4,888	60.59	8.93	$43,908
Dec 2005	199	5,125	54.94	13.42	$79,687
Nov 2005	0	5,515	54.69	10.59	$58,395
Oct 2005	184	6,212	58.34	13.80	$96,434
Sep 2005	0	5,263	61.45	12.08	$63,572
Aug 2005	178	6,889	61.51	9.80	$78,439
Jul 2005	183	7,142	55.69	7.84	$66,211
Jun 2005	386	8,088	52.33	7.38	$79,897
May 2005	188	8,400	45.22	6.65	$64,371
Apr 2005	195	8,967	49.20	7.36	$75,595
Mar 2005	374	9,931	50.37	7.15	$89,893
Feb 2005	184	10,023	45.22	6.31	$71,585
Jan 2005	564	12,639	43.16	6.32	$104,249
Dec 2004	384	13,731	39.86	6.75	$108,005
Nov 2004	367	15,011	45.28	6.33	$111,644
Oct 2004	563	17,511	49.70	6.52	$142,067
Sep 2004	386	19,094	43.24	5.28	$117,581
Aug 2004	771	16,411	42.37	5.55	$123,759
Jul 2004	546	18,498	38.28	6.08	$133,446
Jun 2004	367	11,868	36.10	6.43	$89,596
May 2004	733	19,370	37.48	6.49	$153,273
Apr 2004	759	21,004	34.47	5.86	$149,214
Mar 2004	735	23,289	34.36	5.53	$154,046
Feb 2004	905	24,002	32.45	5.51	$161,609
Jan 2004	1,096	26,472	32.03	6.30	$201,869
Dec 2003	1,131	31,434	30.26	6.30	$232,310
Nov 2003	1,368	34,214	28.80	4.60	$196,617
Oct 2003	1,416	39,369	28.17	4.76	$227,271
Sep 2003	1,613	45,804	26.31	4.75	$259,978
Aug 2003	2,133	50,112	29.76	5.13	$320,539
Jul 2003	1,618	37,426	29.41	5.17	$241,109
Jun 2003	2,888	64,725	28.56	5.98	$469,728
May 2003	355	8,368	26.59	5.97	$59,419
Apr 2003	0	0	26.67	5.41	$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.

Feb 2017 — as filed, then multipliedworked

Condensate           140 bbl  × $ 50.45 =     $7,063
Gas                    0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                   $7,063

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/195232 is the state's own key, not one this site invented.