BUTLER

Operated by C & E OPERATING, INC. (P-5 120079) in the GLASSCOCK (COCKFIELD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 263197District 03Field 35231083CondensateGasSaveExport
Value, all time
$1.4 M
Jan 2011 – Jul 2015
Value, last 12 filed months
$155 k
at the published price for each month
Months reported
55
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1953-05-21
as the register files it
Field class
Oil and 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: ALLOCATION FORMULA EFFECTIVE 04/01/2011.

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
CondensateDisposition2,031 bbl$185,245
GasProduction310,308 Mcf$1,174,331
Total$1,359,576

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 29.6317, -96.6277. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.63166, -96.62766 · 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
4,700 ft
1 wells filed one
Completion to plug
4.5 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 4,700 ft.

Completions filed
Jan 2011
1 of 1 wells
Plug dates filed
Jul 2015
1 of 1 wells

Last completion to plug: a median of 4.5 years across the 1 well that filed both dates, with the middle half between 4.5 years and 4.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0893264714,700 ftJan 2011Jul 2015Yes

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 (55)

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

55 months

Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 201502,60244.662.98$7,744
Jan 201504,21143.433.10$13,057
Dec 201405,15854.693.59$18,524
Nov 201406,62870.464.25$28,181
Oct 201407,39478.303.90$28,844
Sep 201407,12886.164.05$28,836
Aug 201407,43489.394.04$29,997
Jul 201406,42396.564.18$26,846
Jun 201407,05198.164.74$33,400
May 201406,19794.734.73$29,290
Apr 201407,21595.944.81$34,698
Mar 201405,09995.895.06$25,785
Feb 201405,89897.406.19$36,520
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20131703388.853.74$15,228
Oct 201303,47097.423.78$13,114
Sep 201303,694104.113.72$13,733
Aug 201304,006104.253.52$14,112
Jul 201304,163102.523.72$15,477
Jun 201304,16194.403.93$16,367
May 201304,70494.834.15$19,517
Apr 20131744,73593.964.28$36,627
Mar 201305,06293.623.91$19,807
Feb 201304,58791.233.42$15,687
Jan 201305,00691.603.42$17,120
Dec 201204,76786.773.42$16,304
Nov 20121655,52586.953.62$34,375
Oct 201206,49689.383.40$22,084
Sep 201206,60094.672.92$19,261
Aug 201206,92292.662.91$20,130
Jul 20121686,87985.133.02$35,082
Jun 201206,96579.822.52$17,545
May 201207,06991.612.49$17,590
Apr 20121726,234101.652.00$29,932
Mar 201206,726105.052.22$14,946
Feb 20121786,691101.102.57$35,193
Jan 201207,66098.092.73$20,943
Dec 20111658,19896.873.24$42,543
Nov 201108,45595.723.31$27,997
Oct 20111649,25984.983.65$47,719
Sep 20111679,34583.623.99$51,212
Aug 20111719,92383.404.15$55,435
Jul 201116910,65094.144.52$64,018
Jun 201116810,96892.904.64$66,497
May 2011011,54298.134.40$50,840
Apr 2011012,236105.964.33$53,022
Mar 2011013,33596.364.06$54,105
Feb 201105,72985.644.18$23,947
Jan 201107586.504.59$344

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 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 44.66 =         $0
Gas                2,602 Mcf  × $  2.98 =     $7,744

────────────────────────────────────────────────────
Month total                                   $7,744

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/263197 is the state's own key, not one this site invented.