EL FERROCARRIL LTD

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

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the COOLEY (MEEK SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198084District 03Field 203853002 tax incentive programmesCondensateGasSave Export

Value, all time

$31.6 M

Aug 2003 – Nov 2013

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

124

no gaps in the span

Streams

condensate, gas

The COOLEY (MEEK SAND) 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 42 leases and 42 wells, and the rule below applies to all of them.

Discovered

1984-07-28

as the register files it

Field class

Gas

the register's own label

Between wells

660 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2012-11-06.

The Commission's schedule remark for this field reads: “MANUAL REVIEW.”

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	2005-07-22	156183
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	99,188 bbl	$4,403,185
Gas	Production	4,241,226 Mcf	$27,228,806
Total			$31,631,990

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 29.6136, -95.9977. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.61364, -95.99771 · 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

0.0%

0 of 1 wells

Median depth

13,800 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

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 13,800 ft.

Completions filed

Nov 2013

1 of 1 wells

1 well


42-15732228	5	13,800 ft	Nov 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 (124)

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

124 months


Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	7	0	91.23	3.42	$639
Jan 2013	12	524	91.60	3.42	$2,891
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	27	0	83.40	4.15	$2,252
Jul 2011	27	929	94.14	4.52	$6,738
Jun 2011	40	689	92.90	4.64	$6,913
May 2011	67	852	98.13	4.40	$10,328
Apr 2011	1	592	105.96	4.33	$2,671
Mar 2011	0	15	96.36	4.06	$61
Feb 2011	1	520	85.64	4.18	$2,259
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	157	0	85.73	4.35	$13,460
Nov 2010	190	3,232	80.84	3.80	$27,626
Oct 2010	384	10,567	78.10	3.51	$67,069
Sep 2010	191	11,352	72.63	3.98	$59,047
Aug 2010	190	13,293	73.68	4.42	$72,746
Jul 2010	187	9,477	72.55	4.74	$58,455
Jun 2010	0	11,618	70.36	4.91	$57,049
May 2010	169	10,651	71.12	4.24	$57,129
Apr 2010	160	11,104	81.69	4.12	$58,849
Mar 2010	272	11,614	78.39	4.39	$72,292
Feb 2010	136	11,734	73.58	5.44	$73,868
Jan 2010	256	13,530	74.36	5.96	$99,730
Dec 2009	189	12,301	71.44	5.48	$80,958
Nov 2009	177	12,760	74.59	3.75	$61,072
Oct 2009	278	12,995	72.54	4.11	$73,579
Sep 2009	96	13,431	65.54	3.06	$47,455
Aug 2009	182	14,442	67.42	3.22	$58,752
Jul 2009	180	14,580	61.13	3.46	$61,516
Jun 2009	143	14,512	66.16	3.90	$65,985
May 2009	275	14,395	54.74	3.93	$71,565
Apr 2009	145	13,899	46.77	3.59	$56,644
Mar 2009	330	13,875	42.14	4.06	$70,225
Feb 2009	398	13,693	32.81	4.63	$76,498
Jan 2009	234	15,831	35.86	5.37	$93,420
Dec 2008	315	15,750	37.10	5.98	$105,826
Nov 2008	249	14,945	55.49	6.86	$116,345
Oct 2008	150	16,321	75.24	6.92	$124,260
Sep 2008	297	12,545	101.76	7.88	$129,041
Aug 2008	432	7,524	114.22	8.48	$113,169
Jul 2008	144	16,861	131.08	11.39	$210,913
Jun 2008	283	14,621	131.33	13.03	$227,716
May 2008	235	16,718	123.17	11.57	$222,444
Apr 2008	372	16,737	110.31	10.45	$216,018
Mar 2008	371	15,544	101.90	9.66	$188,023
Feb 2008	463	17,436	92.53	8.77	$195,765
Jan 2008	194	19,386	90.38	8.21	$176,610
Dec 2007	357	20,241	88.33	7.30	$179,333
Nov 2007	305	22,042	91.67	7.29	$188,683
Oct 2007	624	22,906	82.85	6.92	$210,253
Sep 2007	535	23,236	75.84	6.24	$185,664
Aug 2007	40	22,130	69.06	6.39	$144,128
Jul 2007	196	24,252	70.90	6.39	$168,817
Jun 2007	451	25,198	62.00	7.55	$218,168
May 2007	418	26,336	58.74	7.85	$231,193
Apr 2007	658	26,829	59.61	7.81	$248,629
Mar 2007	474	23,764	56.92	7.30	$200,504
Feb 2007	461	26,120	55.10	8.22	$240,003
Jan 2007	593	29,185	50.30	6.73	$226,151
Dec 2006	605	31,975	56.65	6.92	$255,490
Nov 2006	658	31,967	54.20	7.62	$279,172
Oct 2006	554	35,030	54.90	6.01	$241,078
Sep 2006	588	34,524	60.08	5.04	$209,231
Aug 2006	695	37,103	68.71	7.34	$320,087
Jul 2006	644	40,343	69.37	6.34	$300,560
Jun 2006	683	41,276	66.28	6.38	$308,770
May 2006	795	43,942	66.01	6.42	$334,805
Apr 2006	800	47,587	64.39	7.36	$401,775
Mar 2006	1,063	49,248	56.70	7.08	$409,092
Feb 2006	981	28,457	57.59	7.75	$277,069
Jan 2006	644	36,921	60.59	8.93	$368,847
Dec 2005	1,137	35,926	54.94	13.42	$544,428
Nov 2005	741	34,305	54.69	10.59	$403,760
Oct 2005	969	40,106	58.34	13.80	$609,824
Sep 2005	912	40,171	61.45	12.08	$541,268
Aug 2005	1,021	49,499	61.51	9.80	$547,735
Jul 2005	1,248	53,055	55.69	7.84	$485,645
Jun 2005	1,075	55,162	52.33	7.38	$463,408
May 2005	1,389	61,765	45.22	6.65	$473,619
Apr 2005	1,484	63,355	49.20	7.36	$539,336
Mar 2005	1,523	70,246	50.37	7.15	$579,315
Feb 2005	1,532	67,608	45.22	6.31	$496,013
Jan 2005	1,853	80,330	43.16	6.32	$587,838
Dec 2004	1,994	87,278	39.86	6.75	$668,702
Nov 2004	2,046	91,162	45.28	6.33	$669,737
Oct 2004	1,859	100,441	49.70	6.52	$746,775
Sep 2004	2,066	106,145	43.24	5.28	$650,193
Aug 2004	2,564	109,551	42.37	5.55	$716,717
Jul 2004	2,826	128,863	38.28	6.08	$892,205
Jun 2004	3,202	142,535	36.10	6.43	$1,032,523
May 2004	3,398	160,984	37.48	6.49	$1,172,881
Apr 2004	3,844	157,598	34.47	5.86	$1,055,784
Mar 2004	4,215	168,742	34.36	5.53	$1,077,994
Feb 2004	4,137	162,190	32.45	5.51	$1,027,851
Jan 2004	5,087	181,725	32.03	6.30	$1,307,739
Dec 2003	5,130	174,282	30.26	6.30	$1,253,496
Nov 2003	5,377	171,861	28.80	4.60	$944,586
Oct 2003	6,736	208,518	28.17	4.76	$1,182,224
Sep 2003	6,569	202,983	26.31	4.75	$1,136,870
Aug 2003	826	10,833	29.76	5.13	$80,152

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 2013 — as filed, then multipliedworked

Condensate             7 bbl  × $ 91.23 =       $639
Gas                    0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                     $639

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/198084 is the state's own key, not one this site invented.