RENADA UNIT

Operated by GEOSOUTHERN ENERGY CORPORATION (P-5 301287) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 263374District 03Field 34773550CondensateGasSaveExport
Value, all time
$4 k
Nov 2010 – Aug 2016
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
70
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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
CondensateDisposition67 bbl$2,599
GasProduction350 Mcf$1,316
Total$3,915

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 30.0243, -96.8074. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.02435, -96.80743 · 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
11,660 ft
1 wells filed one
Completion to plug
5.8 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 11,660 ft.

Completions filed
Oct 2010
1 of 1 wells
Plug dates filed
Aug 2016
1 of 1 wells

Last completion to plug: a median of 5.8 years across the 1 well that filed both dates, with the middle half between 5.8 years and 5.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-14931354111,660 ftOct 2010Aug 2016Yes

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 (70)

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

70 months

Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015672138.792.17$2,644
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150256.152.88$6
May 20150255.212.96$6
Apr 20150249.822.71$5
Mar 20150342.892.93$9
Feb 20150244.662.98$6
Jan 20150243.433.10$6
Dec 20140154.693.59$4
Nov 20140270.464.25$9
Oct 20140778.303.90$27
Sep 20140386.164.05$12
Aug 20140289.394.04$8
Jul 20140396.564.18$13
Jun 20140298.164.74$9
May 20140294.734.73$9
Apr 20140395.944.81$14
Mar 20140495.895.06$20
Feb 20140397.406.19$19
Jan 201401490.404.86$68
Dec 20130391.824.35$13
Nov 20130388.853.74$11
Oct 20130397.423.78$11
Sep 201305104.113.72$19
Aug 201303104.253.52$11
Jul 201303102.523.72$11
Jun 20130594.403.93$20
May 201301594.834.15$62
Apr 20130393.964.28$13
Mar 20130393.623.91$12
Feb 20130491.233.42$14
Jan 20130991.603.42$31
Dec 20120886.773.42$27
Nov 201201186.953.62$40
Oct 20120389.383.40$10
Sep 201201194.672.92$32
Aug 20120392.662.91$9
Jul 20120685.133.02$18
Jun 20120779.822.52$18
May 20120091.612.49$0
Apr 201202101.652.00$4
Mar 201204105.052.22$9
Feb 201205101.102.57$13
Jan 201201198.092.73$30
Dec 20110696.873.24$19
Nov 20110495.723.31$13
Oct 20110284.983.65$7
Sep 20110283.623.99$8
Aug 20110783.404.15$29
Jul 20110094.144.52$0
Jun 20110692.904.64$28
May 201101098.134.40$44
Apr 2011016105.964.33$69
Mar 201101196.364.06$45
Feb 20110585.644.18$21
Jan 20110886.504.59$37
Dec 201004485.734.35$191
Nov 201001980.843.80$72

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.

Nov 2015 — as filed, then multipliedworked
Condensate            67 bbl  × $ 38.79 =     $2,599
Gas                   21 Mcf  × $  2.17 =        $46

────────────────────────────────────────────────────
Month total                                   $2,644

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/263374 is the state's own key, not one this site invented.