CADE STATE UNIT

Operated by PACKARD GAS COMPANY (P-5 632914) in the CAPLEN (FB-1, 2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19095District 03Field 15491020NGPA filingOilCasinghead gasSaveExport
Value, all time
$144 k
Jan 1993 – Oct 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
154
no gaps in the span
Streams
2
oil, casinghead 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
1985-07-11
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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition8,470 bbl$144,216
Casinghead gasProduction7,354 Mcf$159
Total$144,375

7,303 Mcf of this lease's gas, across 31 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 29.4806, -94.5611. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.48062, -94.56112 · 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
7,675 ft
1 wells filed one
Completion to plug
19.8 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 7,675 ft.

Completions filed
Nov 1985
1 of 1 wells
Plug dates filed
Sep 2005
1 of 1 wells

Last completion to plug: a median of 19.8 years across the 1 well that filed both dates, with the middle half between 19.8 years and 19.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1673105827,675 ftNov 1985Sep 2005Yes

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 (154)

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

154 months

Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 1997182218.193.09$395
Oct 19971202919.253.15$2,401
Sep 1997185017.742.95$3,282
Aug 1997227017.862.55$4,054
Jul 199771017.582.25$1,248
Jun 1997108017.242.26$1,862
May 1997148018.972.31$2,808
Apr 1997108017.882.08$1,931
Mar 199784018.951.94$1,592
Feb 1997160020.492.21$3,278
Jan 1997131023.483.54$3,076
Dec 1996126023.32$2,938
Nov 1996115021.97$2,527
Oct 1996114023.31$2,657
Sep 199681022.22$1,800
Aug 199682020.26$1,661
Jul 1996180019.55$3,519
Jun 1996174018.73$3,259
May 1996301019.43$5,848
Apr 1996143021.51$3,076
Mar 199679019.38$1,531
Feb 199631016.98$526
Jan 199652017.07$888
Dec 199521017.19$361
Nov 199547016.00$752
Oct 199597015.43$1,497
Sep 1995942816.18$1,521
Aug 19951112615.92$1,767
Jul 199501115.24$0
Jun 19951811716.41$2,970
May 19951881,10817.56$3,301
Apr 19951681,01617.73$2,979
Mar 199512458016.44$2,039
Feb 19951011,12516.58$1,675
Jan 1995841,15015.92$1,337
Dec 1994731,00815.03$1,097
Nov 19945054215.90$795
Oct 1994130015.58$2,025
Sep 199497115.29$1,483
Aug 1994277116.13$4,468
Jul 1994417117.56$7,323
Jun 199450117.09$855
May 1994151115.88$2,398
Apr 1994154114.14$2,178
Mar 1994204112.46$2,542
Feb 1994293112.50$3,663
Jan 1994219112.66$2,773
Dec 1993172112.33$2,121
Nov 199316320014.49$2,362
Oct 199329125515.85$4,612
Sep 199327517415.03$4,133
Aug 1993300115.66$4,698
Jul 1993289115.46$4,468
Jun 1993244116.79$4,097
May 1993221117.68$3,907
Apr 19934118.05$72
Mar 199333018.14$599
Feb 1993124117.90$2,220
Jan 19931854716.93$3,132

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 1997 — as filed, then multipliedworked
Oil                   18 bbl  × $ 18.19 =       $327
Casinghead gas        22 Mcf  × $  3.09 =        $68

────────────────────────────────────────────────────
Month total                                     $395

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/O/19095 is the state's own key, not one this site invented.