CARSON CITY KID

Operated by PONDEROSA OIL & GAS, LLC (P-5 670093) in the SUGAR VALLEY (TALCOTT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26472District 03Field 86960700OilCasinghead gasSaveExport
Value, all time
$3.7 M
Sep 2012 – Nov 2017
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
63
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 4 leases and 6 wells, and the rule below applies to all of them.

Discovered
1966-04-01
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 30 acres.

The Commission's schedule remark for this field reads: ON THE SAME LEASE

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
OilDisposition43,180 bbl$3,648,529
Casinghead gasProduction922 Mcf$3,753
Total$3,652,282

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 29.0661, -95.8463. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.06613, -95.84633 · 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
9,500 ft
1 wells filed one
Completion to plug
6 months
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 9,500 ft.

Completions filed
May 2017
1 of 1 wells
Plug dates filed
Nov 2017
1 of 1 wells

Last completion to plug: a median of 6 months across the 1 well that filed both dates, with the middle half between 6 months and 6 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3213233519,500 ftMay 2017Nov 2017Yes

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 (63)

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

63 months

Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 201776042.493.09$3,229
May 20170045.373.26$0
Apr 2017169047.933.21$8,100
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 2016341041.553.10$14,169
Aug 2016173041.442.92$7,169
Jul 2016351041.622.92$14,609
Jun 2016335045.352.69$15,192
May 2016358042.521.99$15,222
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 2016180027.352.36$4,923
Dec 2015363032.362.00$11,747
Nov 2015351038.792.17$13,615
Oct 2015520043.552.43$22,646
Sep 2015349042.992.76$15,004
Aug 2015525040.162.87$21,084
Jul 2015361048.152.95$17,382
Jun 20150056.152.88$0
May 2015527055.212.96$29,096
Apr 2015363049.822.71$18,085
Mar 2015533042.892.93$22,860
Feb 2015372044.662.98$16,614
Jan 2015553043.433.10$24,017
Dec 2014734054.693.59$40,142
Nov 2014533070.464.25$37,555
Oct 2014546078.303.90$42,752
Sep 2014175086.164.05$15,078
Aug 2014533089.394.04$47,645
Jul 2014359096.564.18$34,665
Jun 2014545098.164.74$53,497
May 2014723094.734.73$68,490
Apr 2014886095.944.81$85,003
Mar 20141,051095.895.06$100,780
Feb 2014734097.406.19$71,492
Jan 20141,443090.404.86$130,447
Dec 20131,441091.824.35$132,313
Nov 20131,979088.853.74$175,834
Oct 20131,599097.423.78$155,775
Sep 20131760104.113.72$18,323
Aug 20131890104.253.52$19,703
Jul 20131,6330102.523.72$167,415
Jun 20131,242094.403.93$117,245
May 20132,88622394.834.15$274,605
Apr 20134,19225093.964.28$394,951
Mar 20133,92444993.623.91$369,122
Feb 20133,618091.233.42$330,070
Jan 20134,056091.603.42$371,530
Dec 2012925086.773.42$80,262
Nov 201296086.953.62$8,347
Oct 2012162089.383.40$14,480
Sep 20120094.672.92$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.

Jun 2017 — as filed, then multipliedworked
Oil                   76 bbl  × $ 42.49 =     $3,229
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $3,229

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/26472 is the state's own key, not one this site invented.