REHAK

Operated by LINN OPERATING, INC. (P-5 501545) in the SILVERSPOON (TEX SA1 SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 219892District 03Field 836628002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.0 M
Feb 2006 – Sep 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
104
no gaps in the span
Streams
2
condensate, gas

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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
2005-07-28
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 2006-05-16.

The Commission's schedule remark for this field reads: ADOPTED TWO PART ALLOCATION FORMULA WHICH IS SUSPENDED.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112008-02-27180866
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition2,962 bbl$203,799
GasProduction1,538,533 Mcf$10,748,721
Total$10,952,520

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 28.7594, -95.9160. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.75935, -95.91603 · centre of the wells drawn, derived

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
15,335 ft
1 wells filed one
Completion to plug
6.8 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 15,335 ft.

Completions filed
Feb 2006
1 of 1 wells
Plug dates filed
Nov 2012
1 of 1 wells

Last completion to plug: a median of 6.8 years across the 1 well that filed both dates, with the middle half between 6.8 years and 6.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-32132084115,335 ftFeb 2006Nov 2012Yes

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 (104)

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

104 months

Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 2012520101.652.00$5,286
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110195.723.31$3
Oct 20110084.983.65$0
Sep 2011047983.623.99$1,909
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 2010011373.684.42$499
Jul 20100072.554.74$0
Jun 201001,70370.364.91$8,362
May 2010084171.124.24$3,562
Apr 201002,95881.694.12$12,195
Mar 201004,75778.394.39$20,877
Feb 201004,77373.585.44$25,976
Jan 201005,42874.365.96$32,373
Dec 200904,55071.445.48$24,951
Nov 200903,39874.593.75$12,748
Oct 200903,32672.544.11$13,671
Sep 200903,52165.543.06$10,791
Aug 200905,80767.423.22$18,690
Jul 200904,20261.133.46$14,558
Jun 200902,22066.163.90$8,647
May 200905,05254.743.93$19,833
Apr 2009012,30446.773.59$44,141
Mar 200903,01542.144.06$12,238
Feb 200907,94132.814.63$36,791
Jan 2009010,61535.865.37$57,013
Dec 200808,91337.105.98$53,274
Nov 2008010,25055.496.86$70,319
Oct 200808,39475.246.92$58,103
Sep 200808,706101.767.88$68,578
Aug 2008010,132114.228.48$85,950
Jul 200817610,196131.0811.39$139,197
Jun 2008015,048131.3313.03$196,115
May 200808,057123.1711.57$93,254
Apr 2008016,689110.3110.45$174,481
Mar 2008016,057101.909.66$155,176
Feb 2008013,91292.538.77$122,016
Jan 2008015,99190.388.21$131,218
Dec 2007030,03788.337.30$219,329
Nov 2007031491.677.29$2,290
Oct 200702,27082.856.92$15,713
Sep 200703,44175.846.24$21,486
Aug 2007018,92469.066.39$120,885
Jul 200717725,02970.906.39$172,433
Jun 2007029,88262.007.55$225,563
May 2007031,09058.747.85$243,941
Apr 2007032,14059.617.81$250,859
Mar 2007030,69456.927.30$224,127
Feb 2007030,84055.108.22$253,381
Jan 2007030,10050.306.73$202,478
Dec 2006032,80956.656.92$226,987
Nov 2006016,72254.207.62$127,380
Oct 200618139,21254.906.01$245,750
Sep 2006042,78060.085.04$215,491
Aug 2006043,02168.717.34$315,771
Jul 200617625,50769.376.34$173,994
Jun 2006362126,34366.286.38$830,552
May 2006739252,03466.016.42$1,668,100
Apr 2006736252,30164.397.36$1,904,448
Mar 2006363176,86556.707.08$1,273,303
Feb 2006036,82957.597.75$285,466

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.

Apr 2012 — as filed, then multipliedworked
Condensate            52 bbl  × $101.65 =     $5,286
Gas                    0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                   $5,286

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/219892 is the state's own key, not one this site invented.