REYNOLDS, CARL N. ETAL

Operated by C & M OPERATING, INC. (A) (P-5 120593) in the CARL REYNOLDS (2460) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 68014District 03Field 15700500GasSaveExport
Value, all time
$1.6 M
Jan 1993 – Aug 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
224
no gaps in the span
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1976-08-29
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1991-09-01.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 09/01/2005.

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
GasProduction417,390 Mcf$1,588,261
Total$1,588,261

129,620 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 29.4453, -96.2931. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.44531, -96.29315 · 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
3,200 ft
1 wells filed one
Completion to plug
35.6 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 3,200 ft.

Completions filed
Jan 1976
1 of 1 wells
Plug dates filed
Aug 2011
1 of 1 wells

Last completion to plug: a median of 35.6 years across the 1 well that filed both dates, with the middle half between 35.6 years and 35.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4813094323,200 ftJan 1976Aug 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 (224)

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

224 months

Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 20109971.124.24$419
Apr 20101,02081.694.12$4,205
Mar 20101,19278.394.39$5,231
Feb 201061073.585.44$3,320
Jan 201086674.365.96$5,165
Dec 20091,11571.445.48$6,114
Nov 20091,25874.593.75$4,719
Oct 20091,38272.544.11$5,680
Sep 20091,56465.543.06$4,793
Aug 20091,56467.423.22$5,034
Jul 20091,88961.133.46$6,544
Jun 20092,28366.163.90$8,892
May 200988754.743.93$3,482
Apr 20092,22746.773.59$7,989
Mar 20092,40142.144.06$9,746
Feb 20092,14732.814.63$9,947
Jan 20092,79135.865.37$14,990
Dec 20083,08237.105.98$18,422
Nov 20082,81055.496.86$19,278
Oct 20083,71175.246.92$25,687
Sep 20081,347101.767.88$10,610
Aug 20081,817114.228.48$15,414
Jul 20082,896131.0811.39$32,984
Jun 20081,394131.3313.03$18,167
May 20081,470123.1711.57$17,014
Apr 20081,049110.3110.45$10,967
Mar 20081,219101.909.66$11,781
Feb 20081,72592.538.77$15,129
Jan 20081,03490.388.21$8,485
Dec 20071,26388.337.30$9,222
Nov 20071,04791.677.29$7,634
Oct 20071,58382.856.92$10,957
Sep 20071,30675.846.24$8,155
Aug 20071,16369.066.39$7,429
Jul 200793270.906.39$5,954
Jun 20071,22862.007.55$9,270
May 20071,51858.747.85$11,911
Apr 20071,44959.617.81$11,310
Mar 20071,51056.927.30$11,026
Feb 20071,39255.108.22$11,437
Jan 20072,13450.306.73$14,355
Dec 20062,07556.656.92$14,356
Nov 20062,22554.207.62$16,949
Oct 20062,26354.906.01$13,609
Sep 20062,33160.085.04$11,742
Aug 20062,08368.717.34$15,289
Jul 20062,41169.376.34$15,292
Jun 20062,29166.286.38$14,625
May 20062,33566.016.42$15,002
Apr 20062,56364.397.36$18,865
Mar 20062,79256.707.08$19,776
Feb 20062,22957.597.75$17,277
Jan 20062,54560.598.93$22,735
Dec 20052,51154.9413.42$33,686
Nov 20052,48754.6910.59$26,333
Oct 20052,62258.3413.80$36,172
Sep 20052,51461.4512.08$30,367
Aug 20052,81461.519.80$27,568
Jul 20052,78155.697.84$21,813
Jun 20053,06952.337.38$22,652
May 20053,12845.226.65$20,805
Apr 20053,00349.207.36$22,104
Mar 20053,37150.377.15$24,119
Feb 20052,42345.226.31$15,294
Jan 20052,94443.166.32$18,613
Dec 20042,83739.866.75$19,153
Nov 20042,43745.286.33$15,427
Oct 20042,86949.706.52$18,692
Sep 20042,98943.245.28$15,794
Aug 20042,78842.375.55$15,475
Jul 20043,26038.286.08$19,834
Jun 20042,97536.106.43$19,138
May 20043,22537.486.49$20,945
Apr 20043,68634.475.86$21,594
Mar 20042,82034.365.53$15,595
Feb 20042,72432.455.51$15,008
Jan 20042,66232.036.30$16,770
Dec 20032,33730.266.30$14,727
Nov 20032,97328.804.60$13,661
Oct 20032,90228.174.76$13,812
Sep 20032,31226.314.75$10,981
Aug 20031,90929.765.13$9,793
Jul 20031,23929.415.17$6,407
Jun 20031,08728.565.98$6,503
May 20032,01326.595.97$12,023
Apr 20031,81526.675.41$9,814
Mar 20031,77831.146.10$10,839
Feb 20032,02833.487.93$16,074
Jan 20032,14130.315.58$11,951
Dec 20022,44726.914.85$11,877
Nov 20022,26824.664.14$9,383
Oct 20022,77526.464.23$11,736
Sep 20022,55227.443.64$9,277
Aug 20022,47225.963.16$7,822
Jul 20021,81124.583.06$5,545
Jun 20021,05423.733.34$3,519
May 20021,00624.663.58$3,606
Apr 20021,49923.653.51$5,265
Mar 20021,83822.003.10$5,703
Feb 20021,41318.222.38$3,357
Jan 20021,04217.172.38$2,475
Dec 2001016.932.36$0
Nov 200153718.072.41$1,292
Oct 200181619.782.53$2,064
Sep 200112224.262.25$275
Aug 20015424.873.05$165
Jul 2001023.933.20$0
Jun 200155024.563.82$2,103
May 200194125.524.31$4,053
Apr 20012,69524.685.34$14,379
Mar 200169624.545.38$3,742
Feb 20011,53427.755.77$8,847
Jan 20011,47127.478.40$12,355
Dec 20001,25126.889.12$11,412
Nov 2000932.215.66$51
Oct 20001,29131.235.15$6,643
Sep 200079231.875.19$4,108
Aug 20006829.644.54$309
Jul 200016628.534.09$679
Jun 20003,18829.304.40$14,018
May 200045527.263.68$1,674
Apr 200049124.513.12$1,530
Mar 200034928.422.86$998
Feb 200074827.622.73$2,039
Jan 200057125.272.48$1,416
Dec 1999024.282.42$0
Nov 1999023.192.43$0
Oct 199931320.982.80$878
Sep 1999521.752.62$13
Aug 19991,41619.262.88$4,072
Jul 19991,69617.892.37$4,024
Jun 19991,71815.942.36$4,058
May 19991,69615.792.32$3,936
Apr 19991,78215.102.21$3,935
Mar 19991,80412.471.84$3,316
Feb 19991,6149.981.82$2,934
Jan 19991,99510.381.90$3,790
Dec 19981,7939.201.77$3,180
Nov 19982,50310.892.19$5,471
Oct 19981,90412.421.97$3,749
Sep 199878612.592.08$1,637
Aug 199896011.301.91$1,831
Jul 199886711.742.24$1,940
Jun 199861811.242.24$1,383
May 19981,17412.622.21$2,590
Apr 19981,28213.042.51$3,212
Mar 19982,69912.802.31$6,233
Feb 19982,86313.952.30$6,582
Jan 19982,72414.702.15$5,870
Dec 19972,31316.322.41$5,577
Nov 19972,53918.193.09$7,841
Oct 19972,48819.253.15$7,837
Sep 19972,60517.742.95$7,697
Aug 19972,38917.862.55$6,103
Jul 19972,38917.582.25$5,368
Jun 19972,45117.242.26$5,532
May 19971,67518.972.31$3,867
Apr 19971,69017.882.08$3,520
Mar 19972,17718.951.94$4,222
Feb 19971,32720.492.21$2,927
Jan 19971,55323.483.54$5,497
Dec 19962,14923.32$0
Nov 19962,48721.97$0
Oct 19962,54923.31$0
Sep 19962,13822.22$0
Aug 19962,25920.26$0
Jul 19961,98719.55$0
Jun 19962,40518.73$0
May 19961,98919.43$0
Apr 19962,66721.51$0
Mar 19962,33019.38$0
Feb 19962,32616.98$0
Jan 19962,61017.07$0
Dec 19952,00817.19$0
Nov 19952,12816.00$0
Oct 19952,88115.43$0
Sep 19952,53116.18$0
Aug 19953,23215.92$0
Jul 19952,11115.24$0
Jun 19952,84416.41$0
May 19952,98417.56$0
Apr 19952,79417.73$0
Mar 19953,72816.44$0
Feb 19952,64916.58$0
Jan 1995015.92$0
Dec 19942,02415.03$0
Nov 19941,68515.90$0
Oct 19941,35715.58$0
Sep 19942,25215.29$0
Aug 19942,84116.13$0
Jul 19942,75417.56$0
Jun 19942,58917.09$0
May 19942,41815.88$0
Apr 19942,53614.14$0
Mar 19942,53012.46$0
Feb 19942,49012.50$0
Jan 19943,23412.66$0
Dec 19933,10312.33$0
Nov 19933,29814.49$0
Oct 19933,29515.85$0
Sep 19933,01615.03$0
Aug 19933,20115.66$0
Jul 19933,84115.46$0
Jun 19933,76816.79$0
May 19933,60217.68$0
Apr 19934,07418.05$0
Mar 19933,97318.14$0
Feb 19933,39817.90$0
Jan 19934,55516.93$0

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.

May 2010 — as filed, then multipliedworked
Gas                   99 Mcf  × $  4.24 =       $419

────────────────────────────────────────────────────
Month total                                     $419

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/68014 is the state's own key, not one this site invented.