REYNOLDS, CARL, JR.

Operated by NEW CENTURY EXPLORATION, INC. (P-5 606055) in the BONUS, S.E. (FRIO 4300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 259980District 03Field 10518350GasSaveExport
Value, all time
$2.9 M
Mar 2006 – May 2012
Value, last 12 filed months
$53 k
at the published price for each month
Months reported
73
2 months not filed
Streams
1
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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1983-08-31
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 12/01/96.

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
GasProduction444,809 Mcf$2,851,659
Total$2,851,659

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 29.3834, -96.3112. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.38340, -96.31121 · 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
5,000 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 5,000 ft.

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

42-4813479225,000 ftFeb 2006May 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 (73)

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

73 months

May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 201152096.873.24$1,685
Nov 20111,47795.723.31$4,891
Oct 20113,01784.983.65$11,008
Sep 2011083.623.99$0
Aug 20112,03583.404.15$8,444
Jul 20115,99494.144.52$27,076
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 201136485.644.18$1,522
Jan 20112,21586.504.59$10,164
Dec 20102,41385.734.35$10,491
Nov 20102,56380.843.80$9,727
Oct 20103,19478.103.51$11,207
Sep 201074272.633.98$2,953
Aug 20103,20973.684.42$14,182
Jul 20103,79172.554.74$17,956
Jun 20104,32370.364.91$21,228
May 20105,07871.124.24$21,506
Apr 20105,97381.694.12$24,625
Mar 20107,32778.394.39$32,156
Feb 20107,24973.585.44$39,452
Jan 20108,85074.365.96$52,782
Dec 20098,83371.445.48$48,438
Nov 20098,41274.593.75$31,558
Oct 20099,16972.544.11$37,687
Sep 20098,23165.543.06$25,226
Aug 20098,39667.423.22$27,023
Jul 20097,94461.133.46$27,522
Jun 20097,40666.163.90$28,846
May 20097,94354.743.93$31,182
Apr 20098,19646.773.59$29,403
Mar 20098,53242.144.06$34,631
Feb 20097,57632.814.63$35,100
Jan 20098,74935.865.37$46,991
Dec 20089,10937.105.98$54,446
Nov 20088,49755.496.86$58,292
Oct 20089,17375.246.92$63,495
Sep 20086,658101.767.88$52,446
Aug 20087,907114.228.48$67,075
Jul 20088,430131.0811.39$96,013
Jun 20088,332131.3313.03$108,588
May 20088,027123.1711.57$92,907
Apr 20088,421110.3110.45$88,040
Mar 20088,718101.909.66$84,251
Feb 20088,19092.538.77$71,831
Jan 20088,82690.388.21$72,424
Dec 20078,81288.337.30$64,345
Nov 20078,57491.677.29$62,519
Oct 20078,83682.856.92$61,163
Sep 20078,51375.846.24$53,157
Aug 20078,93969.066.39$57,102
Jul 20079,00070.906.39$57,491
Jun 20078,84062.007.55$66,728
May 20079,15658.747.85$71,841
Apr 20078,78959.617.81$68,600
Mar 20079,17756.927.30$67,010
Feb 20078,22355.108.22$67,560
Jan 20079,04450.306.73$60,838
Dec 20069,01456.656.92$62,363
Nov 20069,26854.207.62$70,599
Oct 20068,72454.906.01$52,464
Sep 20068,15260.085.04$41,063
Aug 20069,39168.717.34$68,929
Jul 20069,46869.376.34$60,053
Jun 20065,76366.286.38$36,790
Mar 20069,11756.707.08$64,575

Not filed, and not zero: Apr 2006 – May 2006 (2 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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.

Dec 2011 — as filed, then multipliedworked
Gas                  520 Mcf  × $  3.24 =     $1,685

────────────────────────────────────────────────────
Month total                                   $1,685

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/259980 is the state's own key, not one this site invented.