DUNCAN

Operated by COASTAL PLAINS EXPLORATION, LLC (P-5 161678) in the CHESTERVILLE (JACKSON 5200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 263239District 03Field 17550200CondensateGasSaveExport
Value, all time
$1.7 M
Jun 2011 – Feb 2014
Value, last 12 filed months
$111 k
at the published price for each month
Months reported
33
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
2006-05-06
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: ALLOCATION FORMULA EFFECTIVE 11/01/2012.

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
CondensateDisposition1,706 bbl$159,609
GasProduction458,464 Mcf$1,525,125
Total$1,684,734

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 29.4939, -96.2086. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.49387, -96.20863 · 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
6,010 ft
1 wells filed one
Completion to plug
2.7 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 6,010 ft.

Completions filed
Jun 2011
1 of 1 wells
Plug dates filed
Feb 2014
1 of 1 wells

Last completion to plug: a median of 2.7 years across the 1 well that filed both dates, with the middle half between 2.7 years and 2.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4813517216,010 ftJun 2011Feb 2014Yes

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 (33)

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

33 months

Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201301,17397.423.78$4,433
Sep 20131521,703104.113.72$22,156
Aug 201302,469104.253.52$8,697
Jul 201303,019102.523.72$11,224
Jun 201302,58694.403.93$10,172
May 201302,71894.834.15$11,277
Apr 201304,25893.964.28$18,235
Mar 201306,30193.623.91$24,655
Feb 201306,70291.233.42$22,920
Jan 201309,19291.603.42$31,436
Dec 2012031986.773.42$1,091
Nov 201208,88786.953.62$32,215
Oct 201209,47289.383.40$32,202
Sep 201215912,83694.672.92$52,513
Aug 2012020,65692.662.91$60,071
Jul 2012016,90885.133.02$51,076
Jun 2012011,41679.822.52$28,757
May 201217424,19891.612.49$76,153
Apr 2012021,792101.652.00$43,514
Mar 201217725,701105.052.22$75,704
Feb 2012027,356101.102.57$70,311
Jan 201217224,80498.092.73$84,688
Dec 201117931,00696.873.24$117,791
Nov 2011029,48995.723.31$97,646
Oct 201117232,99084.983.65$134,982
Sep 201117733,60483.623.99$148,740
Aug 201116935,32483.404.15$160,665
Jul 201117535,98694.144.52$179,032
Jun 2011015,59992.904.64$72,377

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.

Oct 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 97.42 =         $0
Gas                1,173 Mcf  × $  3.78 =     $4,433

────────────────────────────────────────────────────
Month total                                   $4,433

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/263239 is the state's own key, not one this site invented.