CRANE

Operated by ALTA MESA SERVICES, LP (P-5 15721) in the COLD SPRINGS (WILCOX, CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 260717District 03Field 19428100CondensateGasSave
Value, all time
$4.9 M
Feb 2011 – Feb 2013
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
25
no gaps in the span
Streams
2
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.

StreamBasisVolumeValue
CondensateDisposition43,998 bbl$4,246,432
GasProduction158,372 Mcf$631,917
Total$4,878,349

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 30.5129, -95.1756. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.51289, -95.17564 · 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
0.0%
0 of 1 wells
Median depth
10,600 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 10,600 ft.

Completions filed
May 2011
1 of 1 wells

1 well

42-40730716110,600 ftMay 2011Yes

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 (25)

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

25 months

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 20124,9255,485101.652.00$511,579
Mar 20125,2525,746105.052.22$564,491
Feb 20125,6995,359101.102.57$589,943
Jan 20121,18299298.092.73$118,655
Dec 20112,1311,94096.873.24$212,715
Nov 20114,2238,62595.723.31$432,785
Oct 20112,7154,89984.983.65$248,595
Sep 20112,3187,60883.623.99$224,155
Aug 20112,50910,44683.404.15$252,594
Jul 20111,93313,50294.144.52$242,964
Jun 20112,30616,30692.904.64$289,885
May 20112,32119,34998.134.40$312,989
Apr 20112,52922,469105.964.33$365,337
Mar 20112,50723,80496.364.06$338,155
Feb 20111,44811,84285.644.18$173,506

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         4,925 bbl  × $101.65 =   $500,626
Gas                5,485 Mcf  × $  2.00 =    $10,952

────────────────────────────────────────────────────
Month total                                 $511,579

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/260717 is the state's own key, not one this site invented.