CONOCO-DROUGHT

Name: CONOCO-DROUGHT lease production and value, Jul 2008 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by NEW CENTURY EXPLORATION, INC. (P-5 606055) in the ANAHUAC (FRIO 16) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 242499District 03Field 02468540CondensateGasSave

Value, all time

$4.6 M

Jul 2008 – Apr 2016

Value, last 12 filed months

$107 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

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	18,178 bbl	$1,574,093
Gas	Production	674,586 Mcf	$2,994,131
Total			$4,568,224

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 29.7925, -94.5308. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.79252, -94.53079 · 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

9,110 ft

1 wells filed one

Completion to plug

7.8 years

median over 1 wells

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 9,110 ft.

Completions filed

Jul 2008

1 of 1 wells

Plug dates filed

Apr 2016

1 of 1 wells

Last completion to plug: a median of 7.8 years across the 1 well that filed both dates, with the middle half between 7.8 years and 7.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-07132366	1	9,110 ft	Jul 2008	Apr 2016	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 (94)

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

94 months


Apr 2016	128	0	36.56	1.99	$4,680
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	300	27.35	2.36	$709
Dec 2015	0	300	32.36	2.00	$600
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	2,976	42.99	2.76	$8,209
Aug 2015	0	6,507	40.16	2.87	$18,691
Jul 2015	0	6,448	48.15	2.95	$18,990
Jun 2015	181	6,787	56.15	2.88	$29,729
May 2015	0	8,452	55.21	2.96	$24,979
Apr 2015	0	4,416	49.82	2.71	$11,952
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	158	300	44.66	2.98	$7,949
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	4,987	54.69	3.59	$17,910
Nov 2014	177	3,620	70.46	4.25	$27,863
Oct 2014	0	6,180	78.30	3.90	$24,108
Sep 2014	186	6,210	86.16	4.05	$41,148
Aug 2014	179	6,568	89.39	4.04	$42,503
Jul 2014	0	6,852	96.56	4.18	$28,639
Jun 2014	184	7,253	98.16	4.74	$52,418
May 2014	0	6,198	94.73	4.73	$29,295
Apr 2014	184	6,903	95.94	4.81	$50,850
Mar 2014	0	7,137	95.89	5.06	$36,090
Feb 2014	183	6,480	97.40	6.19	$57,948
Jan 2014	180	7,536	90.40	4.86	$52,902
Dec 2013	183	7,895	91.82	4.35	$51,182
Nov 2013	0	6,012	88.85	3.74	$22,475
Oct 2013	180	7,609	97.42	3.78	$46,293
Sep 2013	0	300	104.11	3.72	$1,115
Aug 2013	178	7,797	104.25	3.52	$46,022
Jul 2013	0	5,501	102.52	3.72	$20,451
Jun 2013	179	7,404	94.40	3.93	$46,021
May 2013	176	9,170	94.83	4.15	$54,737
Apr 2013	167	9,566	93.96	4.28	$56,659
Mar 2013	184	8,970	93.62	3.91	$52,325
Feb 2013	0	7,018	91.23	3.42	$24,001
Jan 2013	179	7,369	91.60	3.42	$41,598
Dec 2012	0	5,090	86.77	3.42	$17,409
Nov 2012	4,558	300	86.95	3.62	$397,406
Oct 2012	4,851	300	89.38	3.40	$434,602
Sep 2012	183	5,804	94.67	2.92	$34,263
Aug 2012	181	8,074	92.66	2.91	$40,252
Jul 2012	0	6,420	85.13	3.02	$19,394
Jun 2012	181	3,709	79.82	2.52	$23,791
May 2012	360	4,860	91.61	2.49	$45,073
Apr 2012	0	4,167	101.65	2.00	$8,321
Mar 2012	1,393	3,242	105.05	2.22	$153,539
Feb 2012	0	2,552	101.10	2.57	$6,559
Jan 2012	182	3,949	98.09	2.73	$28,649
Dec 2011	179	4,081	96.87	3.24	$30,561
Nov 2011	0	3,091	95.72	3.31	$10,235
Oct 2011	179	3,755	84.98	3.65	$28,912
Sep 2011	0	3,285	83.62	3.99	$13,093
Aug 2011	177	4,314	83.40	4.15	$32,662
Jul 2011	0	4,241	94.14	4.52	$19,158
Jun 2011	180	3,901	92.90	4.64	$34,822
May 2011	0	3,918	98.13	4.40	$17,258
Apr 2011	0	3,506	105.96	4.33	$15,192
Mar 2011	181	3,697	96.36	4.06	$32,441
Feb 2011	0	4,881	85.64	4.18	$20,402
Jan 2011	183	7,658	86.50	4.59	$50,970
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	427	78.10	3.51	$1,498
Sep 2010	0	53	72.63	3.98	$211
Aug 2010	0	9,262	73.68	4.42	$40,932
Jul 2010	0	1,719	72.55	4.74	$8,142
Jun 2010	178	11,438	70.36	4.91	$68,689
May 2010	0	20,844	71.12	4.24	$88,279
Apr 2010	175	9,830	81.69	4.12	$54,822
Mar 2010	178	15,225	78.39	4.39	$80,771
Feb 2010	0	14,381	73.58	5.44	$78,267
Jan 2010	182	15,514	74.36	5.96	$106,060
Dec 2009	182	15,274	71.44	5.48	$96,761
Nov 2009	0	14,863	74.59	3.75	$55,759
Oct 2009	192	17,423	72.54	4.11	$85,541
Sep 2009	0	16,557	65.54	3.06	$50,743
Aug 2009	0	15,963	67.42	3.22	$51,377
Jul 2009	206	16,177	61.13	3.46	$68,638
Jun 2009	0	15,780	66.16	3.90	$61,463
May 2009	185	16,907	54.74	3.93	$76,500
Apr 2009	0	17,043	46.77	3.59	$61,142
Mar 2009	180	17,040	42.14	4.06	$76,751
Feb 2009	0	15,596	32.81	4.63	$72,256
Jan 2009	193	18,164	35.86	5.37	$104,480
Dec 2008	0	17,034	37.10	5.98	$101,815
Nov 2008	193	17,386	55.49	6.86	$129,984
Oct 2008	0	18,534	75.24	6.92	$128,292
Sep 2008	0	13,275	101.76	7.88	$104,568
Aug 2008	0	15,771	114.22	8.48	$133,786
Jul 2008	0	1,290	131.08	11.39	$14,692

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 2016 — as filed, then multipliedworked

Condensate           128 bbl  × $ 36.56 =     $4,680
Gas                    0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                   $4,680

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/242499 is the state's own key, not one this site invented.